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US tax agency weighs firing half of its 90,000 employees
US tax agency weighs firing half of its 90,000 employees
Business and Economy
by  AFP

The US Internal Revenue Service (IRS) is considering letting go up to half of its approximately 90,000 employees, a source with knowledge of the situation told AFP on Tuesday. When asked about US press reports of the plans to halve the IRS headcount, the source confirmed such a project was being discussed internally.

What TSMC's $100 bn investment in the US means for Taiwan
What TSMC's $100 bn investment in the US means for Taiwan
Business and Economy
by  AFP

Taiwanese chip-making giant TSMC plans to invest a whopping $100 billion in the United States, after US President Donald Trump threatened to slap tariffs on overseas-made chips. It follows Trump's accusations that Taiwan stole the US chip industry and his threats to impose tariffs of up to 100 percent -- and Taipei's promises to invest more in the United States.