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...A landmark global tax deal targeting the world’s largest companies is struggling to come into force as political support in the US and other key jurisdictions falters....
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...The Biden administration has, after all, reasserted the role of the state in the US economy in ways we haven’t seen for half a century: supporting re-industrialisation, subsidising strategic industries,...
...They’re pushing for more favourable lending terms and pauses in repayment when natural disasters strike, among other things....
...The report “The World in 2040: Renewing the UK’s Approach to International Affairs” is published today....
...Soon after Rory Stewart took charge of the UK’s Department for International Development in 2017, he had to grapple with an unsettling argument that was increasingly popular in the aid world....
...“The more certainty there is on tax the more welcoming international investors will find that,” he said....
...“It reinforces this narrative that once more we’re on our own,” said Yonatan Freeman, an expert in international relations at Hebrew University....
...Apple’s global iPhone shipments declined 9.6 per cent in the first three months of 2024 compared with the same period in 2023, according to a report from the International Data Corporation....
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...Ireland’s corporation tax receipts bounced back strongly in November after three months of falls, alleviating fears that a bonanza from international technology and pharmaceutical companies in the country...
...vote winner in his re-election campaign....
...There is a lesson here for those pulling the levers of public policy, taxing and subsidising and regulating in an attempt to make the world a better place, and for corporations setting “compensation” packages...
...We’re getting a window into New Yorkers’ unvarnished views of Trump as jury selection in his “hush money” case continues....
...BBC, and where there are issues in any area, whether it’s underpayment or overpayment, it’s our job to make sure that we’re putting that right.”...
...Samsung regained its position as the world’s largest smartphone maker by volume in the first quarter, according to market researcher International Data Corporation, just three months after Apple claimed...
...Waiving these taxes would require “significant legal changes to the corporation taxation system in Belgium”, said one person involved in the discussions, who thought it therefore unlikely to happen....
...Tax as a share of GDP is predicted to hit 37.1 per cent in 2028-29, which would be 4 points higher than before the pandemic, driven by personal tax measures and an increase in corporation tax....
...“Since the rule came out, I thought more people would be more forthcoming in saying ‘we’re going to do this’, I’m surprised they haven’t.”...
...My guest is Emile Hokayem, senior fellow for Middle East security at the International Institute for Strategic Studies in London....
...(We’re not there yet.)...
...Building off Watson and Martin Hickman’s book Dial M for Murdoch: News Corporation and the Corruption of Britain, the Lincoln Center production re-teams Rogers with Bartlett Sher, who directed his Tony award-winner...
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