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Cigarette tax hike may boost illicit trade, hurt employment and tax revenue: Report

Economictimes.indiatimes.com 

With the new excise tax on cigarettes set to drive up prices, authorities may unwittingly trigger a rise in clandestine cigarette trade. This could pose challenges for tax collection efforts, while farmers dedicated to FCV crops might experience a slump in market demand. The ripple effect could lead to job losses within the farming community and related fields.

Team USA's 'Ice House' renamed ahead of 2026 Winter Olympic Games in Italy

France24.com (en) 

PRESS REVIEW – Wednesday, February 4, 2026: Team USA's Olympics base camp is making headlines since it had to change its name from Ice House to Winter House. But first, Spain's Prime Minister Pedro Sanchez has announced the country is planning a social media ban for under-16s. Next, Russian athletes could soon be back competing under their national flag. Meanwhile, the 2030 Olympic Games in France are off to a slow start. Finally, scientists study what love might look like in space.


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