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.nytimes.com/2024/08/12/technology/elon-musk-political-views.html
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Nytimes
Elon Musk is all in for Donald Trump's campaign.The billionaire endorsed Mr. Trump shortly after the attempt on his life last month. He's helped form a political action committee to financially support the Trump campaign, and he's bashed the former president's political rivals online.And on...
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https://techcrunch.com/2024/08/26/uber-fined-324m-over-eu-driver-data-transfer-breach/
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Techcrunch
Ride-hailing platform Uber has been fined €290 million — around $324 million at current exchanges rates — by the Netherlands' privacy watchdog for breaching the European Union's General Data Protection Regulation (GDPR).
The penalty is related to transfers of personal data of drivers out of the...
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Insight posts
Insight posts
Countries are forming new economic and geopolitical allies to navigate an increasingly conflict-filled environment.
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https://www.nzherald.co.nz/business/andrew-lensen-judith-collins-has-all-but-ruled-out-ai-regulation-that-scares-me/QFQETYMLI5AXXHIP7O3QVWPX5M/
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Nzherald
At first glance, it has some good-sounding words - but it ignores the real issues we should be worried about.The paper has a big focus on using AI to boost economic growth and productivity. It's true, we will be much more efficient at our jobs as AI continues to develop. But to what end? It's not...
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https://www.nzherald.co.nz/business/kiwi-billionaire-backs-wealth-tax-with-a-catch/7CG335AIZ5D47J3U7ZBL7BOVTI/
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Nzherald
His multinational logistics and transport company Mainfreight is one of the country's biggest and most successful companies, currently valued at about $7.3b on the New Zealand Stock Exchange. Plested retains a 14% stake in the company.While Plested said he would personally be happy to pay more...
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https://oilprice.com/Latest-Energy-News/World-News/UK-Renewable-Energy-Producers-Could-Be-Hit-by-the-EU-Carbon-Border-Tax.html
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Oilprice
UK renewable power generators exporting electricity to the EU could be hit with the EU carbon border tax as of 2026 unless the UK and the European Union work a way to change part of the EU mechanism, British industry officials and analysts have told Reuters. The EU's Carbon Border Adjustment Mechanism (CBAM), commonly known as the "carbon border tax", was launched on October 1 last year in the first transitional phase for imports of several carbon-intensive groups of products into the European Union.
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https://www.nytimes.com/2024/06/27/us/politics/trump-trade-tariffs-imports.html
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Nytimes
In March 2018, a day after announcing sweeping tariffs on metals imported from America's allies and adversaries alike, President Donald J. Trump took to social media to share one of his central economic philosophies: "Trade wars are good, and easy to win."As president, Mr. Trump presided over the...
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https://www.wsj.com/articles/global-trade-is-shifting-not-reversing-11672457528
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Wall Street Journal
This article from the Wall Street Journal discusses how global trade is shifting, rather than reversing. The author argues that despite ongoing disruptions caused by COVID-19, technology and protectionism, the global economy continues to become more interdependent while international boundaries become increasingly blurred. Examples of this include increasing digitalization in global commerce, increasing opportunities for collaboration between companies through joint ventures and strategic alliances, as well as the rise of regional trading blocs such as ASEAN. Despite challenges posed by trade wars and geopolitical tensions, these changes will shape global trade for years to come. To read more, use the button below to open the original external article.
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https://www.aljazeera.com/opinions/2024/7/31/ten-years-of-maritime-resistance-in-the-mediterranean-sea?traffic_source=rss
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Aljazeera
Earlier this month, when Italian Prime Minister Giorgia Meloni and her interior minister, Matteo Piantedosi, travelled to Libya to participate in the Trans-Mediterranean Migration Forum in Tripoli, the search and rescue NGO Sea-Watch wished them "all the worst". In a post on X, the organisation...
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https://goodauthority.org/news/france-macron-snap-elections-2024-lepen/
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Goodauthority
In a bold, unexpected move, French president Emmanuel Macron announced the dissolution of France's National Assembly on June This was an immediate reaction to big gains by the far right in the European Union elections - and the disappointing results of his coalition. France's surprise snap election with an abbreviated campaign will take place in two rounds, on June 30 and July just weeks before Paris is due to host the summer Olympic Games.
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https://taxfoundation.org/blog/us-tax-treaty-brazil-singapore/
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Taxfoundation
Because 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.
systems in countries differ, tax treaties can help minimize distortions and obstacles...
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https://www.cnbc.com/2024/08/01/cnbcs-inside-india-newsletter-is-india-close-to-a-free-trade-agreement-with-the-uk.html
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Cnbc
This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. backed Ola Electric is set to raise nearly three quarters of a billion dollars with a stock market listing.
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https://www.independent.co.uk/news/world/europe/french-election-results-national-assembly-livestream-b2575779.html
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Independent
Support Now. Our mission is to deliver unbiased, fact-based reporting that holds power to account and exposes the truth. Whether $5 or $50, every contribution counts. Support us to deliver journalism without an agenda. Watch a view of the French National Assembly on Monday 8 July after surprise election results.
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https://news.gallup.com/poll/646436/election-british-economy-oecd-countries.aspx
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News
LONDON -- The Conservative Party is seeking to extend its stay in office after the general election next week but faces an uphill battle, with Labour well ahead in the polls. As ever, the economy is at the forefront of the campaign, with taxation and public spending plans dominating headlines.
In...
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https://grist.org/international/one-big-way-the-plastics-treaty-could-help-the-global-south-fund-waste-management/
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Grist
If all goes according to plan, by the end of the year, some 170 countries will finalize the world's first legally binding treaty to curtail plastic pollution. Its success will depend in no small part on money: creating a funding pipeline so that signatories, especially in the Global South, can...
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https://www.cnbc.com/2024/08/29/stocks-to-play-asia-pacifics-data-center-capacity-boom-per-bofa.html
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Cnbc
The Asia-Pacific region is set to see strong data center demand over the next few years, which is a boon for artificial data center operators and hyperscalers' expansion in that part of the world, Bank of America found. APAC data center capacity is set to double in five to six years at a compound annual growth rate of 14% in the next five years, adding nearly 2 gigawatts of new capacity per year, analyst Sriharsh Singh said in a Tuesday note.
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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...
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https://thesun.my/business-news/malaysia-should-consider-more-fiscal-reforms-says-world-bank-economist-BC12890098
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Thesun
KUALA LUMPUR: The Malaysian economy has maintained its strength, thanks to a confluence of domestic reforms, such as diesel subsidy rationalisation, and external boosts, according to the World Bank. In a post on X today, World Bank lead economist for Malaysia Apurva Sanghi said two other fiscal reforms, however, have not received much attention, namely the Fiscal Responsibility Act (FRA) and pensions.
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https://www.cnn.com/2024/06/26/business/denmark-cows-carbon-tax/index.html
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Cnn
London
CNN
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Dairy farmers in Denmark face having to pay an annual tax of 672 krone ($96) per cow for the planet-heating emissions they generate.


The country's coalition government agreed this week to introduce the world's first carbon emissions tax on agriculture. It will mean new...
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https://koreatimes.co.kr/www/nation/2024/07/488_379344.html
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Koreatimes
The government has decided to cancel the proposed capital gains tax on financial investments after years of debates over concerns that the tax could harm the capital market and disadvantage small investors. Additionally, it will reduce the top rate of inheritance tax from 50 percent to 40 percent as part of a measured effort to reform the taxation system.
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https://taxfoundation.org/data/all/eu/patent-box-regimes-europe-2024/
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Taxfoundation
Patent boxA patent box—also referred to as intellectual property (IP) regime—taxes business income earned from IP at a rate below the statutory corporate income tax rate, aiming to encourage local research and development. Many patent boxes around the world have undergone substantial reforms due...