International politics
Climate refugees, international terrorism, peace deals, and geopolitics galore—this page covers the trends and news that will influence the future of international relations.
359417
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https://www.scmp.com/news/world/article/3278958/chinas-reign-spain-germany-lobbies-eu-members-over-tariffs-7-ev-reads-you-missed
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Scmp
We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider. By beating competitors on price, China's electric vehicles have made headway in Europe - but tariffs and trade scrutiny may slow their advance.
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https://www.nzherald.co.nz/business/spending-cuts-versus-wealth-taxes-dr-bryce-wilkinson/F6K4VMEHUJAMZEGSUUW4WXA6OM/
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Nzherald
There is indeed a longer-term fiscal issue. Treasury's long-term projections show that the ageing population will cause unsustainable fiscal deficits if nothing is done to reduce spending or raise government revenues.Labour's own fiscal profligacy has brought this problem forward.In Budget 2018,...
358231
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https://economictimes.indiatimes.com/industry/energy/oil-gas/petrol-diesel-prices-may-be-cut-if-crude-rates-stay-low-for-longer-petroleum-secretary/articleshow/113284553.cms
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Economictimes
Indians now need to pray for the global oil prices to stay at lower levels for a longer period to get the much-needed relief from petrol and diesel prices that fan inflation and adds to severe cost pressure for the households. Petrol prices and diesel rates in India have continued to remain at...
358230
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https://www.irishtimes.com/politics/2024/09/11/apple-tax-taoiseach-suggests-funds-could-go-towards-infrastructure-and-housing/
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Irishtimes
Some of the State's €13 billion windfall from the Apple tax case could be targeted towards infrastructure and housing, the Taoiseach has suggested.The Court of Justice of the European Union ruled on Tuesday that the computing giant must pay €13 billion to Ireland.Simon Harris said the Government...
358229
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https://www.bbc.com/news/articles/c36n6g164l6o
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Bbc
The US has proposed rules that would hit many low-value shipments from China with new taxes - a measure aimed at curbing the flood of packages from shopping sites such as Shein and Temu.The Biden administration said the plan was intended to stop "abuse" of an exemption that allowed packages worth...
FUTURE TIMELINE
COUNTRY FORECASTS
358228
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https://www.techcentral.ie/irelands-unwanted-apple-tax-bonanza-demonstrates-a-worrying-fragility/
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Techcentral
Ireland's unwanted Apple tax bonanza demonstrates a worrying fragility
With cracks starting to appear in Ireland's FDI model, the country's weakness in indigenous industrial development is more worrying than ever, says Jason Walsh
Blogs
Image: Shutterstock via Dennis
...
With cracks starting to appear in Ireland's FDI model, the country's weakness in indigenous industrial development is more worrying than ever, says Jason Walsh
Blogs
Image: Shutterstock via Dennis
...
FUTURE TIMELINE
COUNTRY FORECASTS
358227
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https://insideclimatenews.org/news/05092024/global-climate-concerns-survey/
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Insideclimatenews
Most people are "very" or "extremely" concerned about the state of the natural world, a new global public opinion survey shows.
Roughly 70 percent of 22,000 people polled online earlier this year agreed that human activities were pushing the Earth past "tipping points," thresholds beyond which...
Roughly 70 percent of 22,000 people polled online earlier this year agreed that human activities were pushing the Earth past "tipping points," thresholds beyond which...
FUTURE TIMELINE
COUNTRY FORECASTS
358226
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https://oilprice.com/Energy/Energy-General/OPEC-Claims-Taxation-Is-a-Severely-Underrated-Driver-of-Gasoline-Prices.html
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Oilprice
Taxation in various major oil-consuming countries is a significantly more important factor in determining prices at the pump than generally thought, OPEC Secretary General Haitham Al Ghais wrote in an article published on Tuesday. "Most of what you pay at the pump is taxes" is the headline of the piece published on OPEC's website, in which the head of the cartel reiterates his position that crude oil and petroleum products are vital for the normal functioning of the world as we know it.
FUTURE TIMELINE
COUNTRY FORECASTS
358225
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https://www.independent.org/news/article.asp?id=15071
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Independent
Vice President Kamala Harris�s tax plans would be disastrous for the US economy. She wants to raise individual and corporate taxes, as well as tax unrealized capital gains. Harris and her campaign cloak these proposals in the language of fairness and economic justice. In reality, they will stifle economic progress by killing incentives to save and invest.
FUTURE TIMELINE
COUNTRY FORECASTS
358224
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https://www.mdpi.com/2227-7099/12/9/251
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Mdpi
1. IntroductionGreen, blue (water), and energy resources are commonly discussed in the context of Central Asia (Wang et al. 2020; Mohsin et al. 2022; Li et al. 2023). Each of the three resources can be analyzed and discussed separately, but their interactions and interconnections present a...
FUTURE TIMELINE
COUNTRY FORECASTS
357029
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https://www.irishtimes.com/business/economy/2024/09/15/the-us-not-ireland-facilitated-apples-13bn-tax-avoidance-structure/
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Irishtimes
For the last decade and half, Ireland has been smeared as a tax haven, accused of facilitating wholesale corporate tax avoidance, even of robbing tax revenue from its neighbours.The Court of Justice of the European Union's (ECJ) tax ruling against Apple seemed to cement the notion that Ireland...
357028
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https://www.bostonherald.com/2024/09/15/vance-touts-trumps-tariff-plan-says-higher-levies-on-imports-will-help-pay-for-tax-breaks/
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Bostonherald
Former President Donald Trump's agenda of higher tariffs on U.S. imports would help offset his expanding tax-cut proposals if he's reelected in November, according to his running mate, Ohio Senator JD Vance."If we actually balance this out by penalizing some of these companies for manufacturing...
357027
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https://www.ibtimes.com/us-crackdown-tax-free-imports-hits-temu-shein-hard-3743406
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Ibtimes
The U.S. government's plan to ban tax-free Chinese imports, long in the works, has dealt a blow to consumer-sector giants like Alibaba Group Holding Ltd., Shein, and Temu, which are already grappling with a consumer crisis in their home market.Shares of Alibaba and smaller rival JD.com Inc. fell...
356212
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https://globaltaxnews.ey.com/news/2024-1692-report-on-recent-us-international-tax-developments-13-september-2024
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Globaltaxnews
The IRS on 12 September released eagerly anticipated, voluminous proposed regulations (REG-112129-23) on the application of the 15% corporate alternative minimum tax (CAMT) on the adjusted financial statement income (AFSI) of large corporations. Treasury also issued Notice 2024-66, which provides penalty relief for corporations that fail to pay estimated taxes with respect to CAMT liabilities for tax years that begin after 31 December 2023 and before 1 January 2025 (Covered CAMT Year).
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https://www.irishtimes.com/business/economy/2024/09/13/multinationals-not-alarmed-at-apple-tax-judgement-head-of-ida-says/
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Irishtimes
IDA Ireland has rejected suggestions that this week's Apple tax ruling by the Court of Justice of the European Union (ECJ) had damaged Ireland's reputation internationally.Chief executive Michael Lohan said that while the judgment was historic, it was not being raised by client companies."Clients...
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https://www.irishtimes.com/ireland/2024/09/11/breaking-news-in-ireland-weather-forecast-kamala-harris-donald-trump-debate-apple-tax-kyle-hayes-budget-2025/
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Irishtimes
Philadelphia is nothing if not a fight town and back in the analogue years, when boxing commanded a prized place at the high table of American culture, Muhammad Ali's old phrase was the one quoted above all others: "Float like a butterfly, sting like a bee". And as Tuesday night's US presidential debate in the National Constitution Centre deepened, it was impossible not to recall those words.
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https://taxfoundation.org/research/all/federal/supernormal-returns-tax-policy-debates/
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Taxfoundation
Key Findings
Businesses invest now to earn future returns. For an investment to be worthwhile, it must at least "break even," providing a risk-free return that covers the cost of capital, time, and inflationInflation is when the general price of goods and services increases across the economy,...
Businesses invest now to earn future returns. For an investment to be worthwhile, it must at least "break even," providing a risk-free return that covers the cost of capital, time, and inflationInflation is when the general price of goods and services increases across the economy,...
353085
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https://www.irishtimes.com/politics/2024/09/11/government-scrambling-to-control-fallout-from-13bn-apple-tax-ruling/
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Irishtimes
The Government is scrambling to control the fallout from the Apple tax ruling after the Court of Justice of the European Union found the computing giant must pay €13 billion to Ireland.Senior ministers insisted the future risks to Ireland's Foreign Direct Investment (FDI) model were limited, but...
353087
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https://www.webpronews.com/apple-ordered-to-pay-ireland-14-billion-in-back-taxes/
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Webpronews
Written by Matt Milano. Apple has lost its battle to maintain its tax deal with Ireland, with the European Court of Justice ruling the company must pay $14 billion in back taxes. Apple has had a sweetheart deal with Ireland for years before the EU Commission ruled the deal was illegal. Apple and Ireland have both defended the deal and its legality, even scoring a win at the lower General Court of the European Union.
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https://www.irishtimes.com/politics/2024/09/11/darragh-obrien-says-apple-funds-should-be-spent-on-housing/
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Irishtimes
Minister for Housing Darragh O'Brien has said the €13 billion Apple funds should be invested in infrastructure such as housing.The Court of Justice of the European Union ruled on Tuesday that the computing giant must pay €13 billion to Ireland."The Government, in a very considered way, will...
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https://www.irishtimes.com/business/2024/09/10/apple-to-take-up-to-91bn-charge-on-irish-tax-case-after-ecj-ruling/
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Irishtimes
Apple has told Wall Street investors it will need to book as much as a $10 billion (€9.1 billion) tax charge in the final three months of its financial year to the end of this month, following a shock ruling by the EU's highest court that it must settle a long-disputed multibillion-euro Irish tax...
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https://retailwire.com/apple-ordered-to-pay-13-billion-euros-in-back-taxes-to-ireland/
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Retailwire
Apple is paying 13 billion euros after finally losing an ongoing European Union court case over back taxes owed to Ireland. The European Court of Justice (ECJ) sided with a 2016 decision by the European Commission that Apple unfairly benefited from Irish tax rules and did not pay enough under...