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.

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https://www.newser.com/story/356334/dea-closing-2-of-its-hard-won-offices-in-china.html
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Newser
What's left: The DEA is shutting down its offices in Shanghai and Guangzhou, leaving only those in the capital Beijing and the autonomously governed city of Hong Kong. The 'why' is murky: The US agency said only that the move followed a data-driven process intended to maximize the agency's impact. "Americans have a right to know why this decision was made and where [the] DEA intends to reallocate taxpayers' hard-earned dollars," said Iowa Republican Sen.
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https://www.csmonitor.com/World/Middle-East/2024/0820/palestinian-authority-democratic-reform-rebuilding-gaza?icid=rss
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Csmonitor
The team of policymakers working to overhaul Palestinian governance has a dramatic checklist: Build a representative, democratic Palestinian Authority. Prepare for the governing and rebuilding of Gaza. Unite a fractured society.By "revitalizing the Palestinian Authority," as President Mahmoud...
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https://www.scmp.com/week-asia/economics/article/3273832/thailand-malaysias-tesla-hopes-fade-elon-musk-appears-go-cold-asean
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Scmp
Malaysia Learn more The reported scrapping of a Southeast Asian Tesla factory could boost tariff-squeezed Chinese EV brands seeking new markets Malaysia Hadi Azmi. Hopes may plough billions of dollars into Southeast Asian "gigafactories" have receded after months of courting of the Elon Musk-led electric car brand by and .
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https://www.pinsentmasons.com/out-law/analysis/hidden-taxes-around-voluntary-carbon-credit-trading
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Pinsentmasons
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https://www.project-syndicate.org/commentary/neoliberal-economic-trade-rules-tying-developing-countries-hands-by-laura-carvalho-1-2024-07
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Project-syndicate
The waning of neoliberalism gives developing and emerging economies a chance to cooperate on a new economic development paradigm for the age of climate change. But addressing climate change is a global struggle, and international trade rules generally do not allow developing countries to break...
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https://simple.wikipedia.org/w/index.php?diff=9595582&oldid=9594066&title=United_States
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Simple
United States (Yunaitied Steet)Motto: "In God We Trust"Anthem: "The Star-Spangled Banner" Great Seal of the United States:CapitalLargest cityOfficial languagesNo official language at federal level[a]National languageEnglishEthnic groups
By Hispanic or Latino origin:18.7% Hispanic or...
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https://www.rawstory.com/flying-taxis-to-be-tested-during-paris-olympics-minister/
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Rawstory
France's transport minister said Wednesday that so-called "flying taxis" -- large futuristic drones capable of transporting several people -- would be authorized for use on an experimental basis during the Paris Olympics. "We are going to experiment with this world-first during the Olympic Games. It's a technological advance that could be of use," Patrice Vergriete told Le Parisien newspaper.
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https://www.trendlinehq.com/p/us-vs-european-stock-market-performance
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Trendlinehq
In partnership with Thanks to the internet, financial markets have become global, giving investors opportunities to invest in equity markets outside their home country. European investors, in particular, can invest in U.S. and other global equities. This begs the question - How have European...
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https://theconversation.com/how-sustainable-is-your-weekly-grocery-shop-these-small-changes-can-have-big-benefits-234367
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Theconversation
You might think eating more sustainably requires drastic changes, such as shifting to a vegan diet. While a plant-based diet is undeniably good for the Earth, our new research shows modest changes to your eating habits can also have significant environmental benefits. We assessed how food products on Australian supermarket shelves stack up against key environmental indicators, such as carbon emissions and water use.
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https://www.musicbusinessworldwide.com/amazon-apple-spotify-file-legal-challenge-against-canadas-music-streaming-tax/
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Musicbusinessworldwide
Three of the world's largest music streaming services - Amazon, Apple and Spotify - have filed legal challenges against a new regulation in Canada that requires non-Canadian streaming services to pay a 5% streaming tax on their Canadian revenue.At the same time, the Motion Picture Association...
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https://economictimes.indiatimes.com/news/economy/policy/loss-making-mncs-liable-to-pay-tax-on-india-setup/articleshow/113533445.cms
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Economictimes
Multinational companies (MNCs) using various outfits in India or engaging people to promote, operate and grow their businesses from the Indian market will have to pay tax attributable to such setups even if these MNCs report losses in their global balance-sheets.This was laid down by a...
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https://koreatimes.co.kr/www/nation/2024/07/488_378909.html
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Koreatimes
The ruling People Power Party (PPP) is pushing for an inheritance tax revision whereby the rate and taxable amount are set on gains from trading inherited assets, instead of their value at the time of the owner's death. Korea's maxium nominal rate is 50 percent, the highest among OECD countries, second only to Japan's 55 percent.
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https://taxfoundation.org/blog/harris-capital-gains-tax-rate-historical/
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Taxfoundation
As part of the 2024 presidential campaign, Vice President Kamala Harris is proposing to taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities.
long-term...
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https://markets.businessinsider.com/news/stocks/cardano-stablecoin-usda-to-resume-launch-under-new-ownership-1033547701
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Markets
SINGAPORE, SINGAPORE / ACCESSWIRE / July 11, 2024 / EMURGO is thrilled to announce that the Anzens USDA stablecoin will launch under the seasoned crypto team Encryptus, with the EMURGO team continuing to support the upcoming launch as a technology provider. Last year, we faced significant...
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https://phys.org/news/2024-07-rethink-idea-age.html
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Phys
by Sajia Ferdous, The Conversation


When do you think you'll retire? Aged 65? Younger, if you're lucky? Maybe older if you're unlucky—or if you're young right now?

Someone from a high-income country...
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https://www.autoriteitpersoonsgegevens.nl/en/current/dutch-dpa-imposes-a-fine-of-290-million-euro-on-uber-because-of-transfers-of-drivers-data-to-the-us
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Autoriteitpersoonsgegevens
"In Europe, the GDPR protects the fundamental rights of people, by requiring businesses and governments to handle personal data with due care", Dutch DPA chairman Aleid Wolfsen says. "But sadly, this is not self-evident outside Europe. Think of governments that can tap data on a large scale. That...
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https://startupsunplugged.com/why-now/measuring-your-market-consider-timing/
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Startupsunplugged
10 years ago today, NYU finance professor Aswath Damodaran, well-known for his work on corporate valuations, posted an article on Uber. The rideshare company was already a unicorn (a new term at the time), with a $17B valuation. . Yet, Damodaran ran the numbers and came up with a more modest $5.9B valuation.
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https://sputnikglobe.com/20240622/debt-disaster-why-global-south-increasingly-sidelines-the-us-dollar-1119059080.html
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Sputnikglobe
The Congressional Budget Office (CBO) forecasts that the US national debt will hit $50.7 trillion by 2034, but the true figure "surely will be much bigger," wrote William Pesek, an award-winning journalist and author, for the Asia Times. The CBO projected on June 18 that US debt would reach 122 percent of the gross domestic product (GDP) by 2034, far surpassing the nation's record-high public debt-to-GDP ratio of 106 percent in the aftermath of World War II.
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https://www.channelnewsasia.com/business/oecd-calls-higher-property-taxes-fight-debt-4636036
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Channelnewsasia
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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...
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https://www.bbc.com/news/articles/c990kl9xm7po
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Bbc
'Fuel duty next' and 'Brexit reset' A number of Thursday's front pages lead with Sir Keir Starmer's visit to the continent. The Daily Mirror splashes with "Brexit reset" as it reports on the prime minister saying the UK will work closer with the European Union on migrant crossings and trade but...
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https://www.investmentexecutive.com/news/research-and-markets/global-economy-has-turned-the-corner-oecd-says/
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Investmentexecutive
"Inflation is projected to be back to central bank targets in most G20 economies by the end of 2025," it said, forecasting headline inflation for the G20 to decline from 5.this year to 3.in 2025, "with core inflation in the G20 advanced economies easing to 2.in 2024 and 2.in 2025." "Declining inflation provides room for an easing of interest rates, though monetary policy should remain prudent until inflation has returned to central bank targets," said OECD secretary-general Mathias Cormann in a release.