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EU’s Vestager says Europe must lead the way with a digital tax

European Competition Commissioner Margrethe Vestager talks to the media at the European Commission headquarters in Brussels
European Competition Commissioner Margrethe Vestager talks to the media at the European Commission headquarters in Brussels, Belgium March 20, 2019. REUTERS/Yves Herman

April 8, 2019

By Richard Lough

PARIS (Reuters) – Europe needs to decide on a digital tax and should lead the way if there is insufficient consensus globally, the EU competition commissioner Margrethe Vestager, said on Monday.

There is still disagreement among EU members over how to implement a so-called “GAFA tax” – named after Google, Apple, Facebook and Amazon – to ensure the global internet giants pay a fair share of taxes on their massive business operations in Europe.

France has been driving hard for such a tax, but at a meeting of EU finance meetings over the weekend, Sweden, Finland, Ireland and Denmark blocked a draft EU-wide GAFA tax proposal, officials said.

“We are becoming an increasingly digital world and it will be a huge problem if we do not find a way to raise (digital) taxes,” Vestager told France Inter radio.

Vestager, who is widely talked about as a candidate for the European Commission presidency when Jean-Claude Juncker’s term expires in November, said European countries first needed a deal which could lead to a EU-wide harmonized tax.

“The best thing is a global solution. But if we want to obtain results in a reasonable period of time, Europe must take the lead,” the commissioner added.

Lawmakers in France’s National Assembly, France’s lower house of Parliament, will on Monday begin debating a draft national GAFA tax law. The bill proposes a 3 percent tax on digital advertising and other revenues of tech firms with worldwide revenues of more than 750 million euros ($842 million).

Vestager, a former Danish economy minister, has a high profile in Brussels for attacking tax avoidance and monopoly powers among U.S. multinationals, and is seen as a contender to be the next Commission president.

She hasn’t announced a public bid for the job, but if she does she would likely need the backing of French President Emmanuel Macron.

Asked if she was interested in the Commission presidency, she said: “I take a lot of interest in the future of Europe. My point is that before we decide on any kind of new face for the Commission, we really need to know what we want to do.”

Internet giants are coming under increasing pressure from regulators globally. Separately on Monday, Britain proposed new online safety laws that would slap penalties on social media companies and technology firms if they fail to protect their users from harmful content.

(Reporting by Richard Lough and Simon Carraud; Editing by Susan Fenton)

Source: OANN

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Ecuador reminds Assange embassy stay can’t be permanent

Ecuador is reminding WikiLeaks founder Julian Assange once again that he can't stay indefinitely in the nation's London embassy.

Foreign Minister Jose Valencia told Teleamazonas Tuesday that a permanent stay wouldn't be good for Assange's "state of mind, his health."

He said that if Assange were to appear before the British justice system he'd be guaranteed a fair trial and right to a defense.

London's Metropolitan Police force said last week that officers would be obliged to execute an active warrant for Assange's arrest if he were to leave.

Assange also fears the possibility of extradition to the U.S. for publishing thousands of classified military and diplomatic cables through WikiLeaks.

Assange has lived in Ecuador's embassy for over six years and relations with his host country have grown increasingly tense.

Source: Fox News World

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Investor group calls on Lyft to scrap dual-class share structure plan: FT

An electric scooter from the ride sharing company Lyft is shown on a downtown sidewalk in San Diego
An electric scooter from the ride sharing company Lyft is shown on a downtown sidewalk in San Diego, California, U.S., March 15, 2019. REUTERS/Mike Blake

March 16, 2019

(Reuters) – A group of investors has called on Lyft Inc’s board to scrap a proposed dual-class share structure, as the ride hailing company pitches its initial public offering to investors next week, the Financial Times reported on Saturday.

San Francisco-based Lyft’s planned IPO includes a dual-class stock structure, with one class of shareholders getting 20 votes per share and another getting one vote per share.

The investor group, in a letter addressed to the company’s directors, said it should stick with its single class of shares with one vote each, the report said.

If the company’s board fails to resolve the issue, it should adopt a “sunset” provision to phase out the extra voting rights within seven years, the letter said, according to the newspaper.

The letter was signed by investors from Britain’s Local Authority Pension Fund Forum, BNP Paribas Asset Management, pension funds representing public employees in New York, Los Angeles, Chicago and Ohio, the Teamsters union and United Auto Workers union retirees, the newspaper said.

Lyft did not immediately respond to a Reuters request for comment.

“With a dual-class structure, Lyft is basically shielding itself and company insiders against shareholders who deserve a voice. Outsized control among an unaccountable few is an unnecessary risk — and Lyft should go back to the drawing board,” New York City Comptroller Scott Stringer said, according to the Financial Times. Stringer oversees the city’s pension funds.

(Reporting by Akshay Balan in Bengaluru; Editing by Bill Berkrot)

Source: OANN

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Tennis: Nishikori crashes to qualifier Hurkacz in Dubai second round

FILE PHOTO: ATP 500 - Dubai Tennis Championships
FILE PHOTO: Tennis - ATP 500 - Dubai Tennis Championships - Dubai Duty Free Tennis Stadium, Dubai, United Arab Emirates - February 26, 2019 Japan's Kei Nishikori in action during his first round match against Benoit Paire of France REUTERS/Christopher Pike

February 27, 2019

(Reuters) – Polish qualifier Hubert Hurkacz stunned top seed Kei Nishikori 7-5 5-7 6-2 to reach the quarter-finals of the Dubai Duty Free Tennis Championships on Wednesday.

Hurkacz converted six out of seven break points to beat his Japanese opponent in a little over two hours. The world number 77 faces Stefanos Tsitsipas or Egor Gerasimov next.

World number 113 Ricardas Berankis, who stunned eighth seed Daniil Medvedev on Tuesday, continued his fine form with a 6-4 6-1 victory over American Denis Kudla.

The Lithuanian qualifier will face Gael Monfils or Marcos Baghdatis in the last eight.

Roger Federer, who is searching for a 100th ATP title, will meet Spaniard Fernando Verdasco later on Wednesday.

(Reporting by Shrivathsa Sridhar in Bengaluru; Editing by Christian Radnedge)

Source: OANN

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Argentina: Bodies of 600 disappeared wait to be identified

Bonnie and Daniel Loedel walked into a mausoleum with an urn holding the bone remains of their sister Isabel, who had been unidentified for four decades after being forcibly disappeared during Argentina's military dictatorship.

Delivering the simple wooden box was the last step of an arduous identification process that they hope will bring the family closure and, at the same time, thwart the goal of the military regime that rights groups estimate killed or disappeared 30,000 people while seeking to make its victims invisible.

The Remembrance, Truth and Justice Mausoleum for the Victims of State Sponsored Terrorism is at a cemetery in La Plata, a town about 35 miles from Argentina's capital of Buenos Aires. It holds the remains of at least a dozen people who disappeared during the dictatorship.

Source: Fox News World

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Romania prosecutor opposed by own govt picked for EU job

A European Parliament committee has picked a Romanian prosecutor to head a new prosecutor's office fighting fraud, despite fierce opposition from her own government.

The justice and civil liberties department on Wednesday gave the most votes to Romania's Laura Codruta Kovesi, placing her above two other candidates.

Kovesi successfully prosecuted hundreds of officials including ministers, mayors and state company directors as chief prosecutor of the National Anti-Corruption Directorate, but drew the ire of the Romanian government

.Justice Minister Tudorel Toader wrote to EU justice ministers accusing her of signing "anti-democratic pacts" with Romania's intelligence agency in corruption probes.

He removed her from her post last year, citing mismanagement and asserting she overstepped her authority.

The final appointment will be made after negotiations between the European Parliament and the European Council.

Source: Fox News World

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Polish newspaper’s front page sparks outrage after it instructs ‘how to spot a Jew’

A right-wing newspaper in Poland sparked widespread criticism after running an anti-Semitic article on its front page instructing readers “how to spot a Jew.”

The Polish-language weekly, Tylko Polska, or “Only Poland,” includes a list of supposed markers such as “Names, anthropological features, expressions, appearances, character traits, methods of operation,” and “disinformation activities.”

The newspaper’s front page – which also included a headline that read “How to defeat them? This cannot go on! – ran an article, which read, “Attack on Poland at a conference in Paris” – in reference to a Holocaust studies conference at the French capital last month that sparked criticism over alleged anti-Polish speakers, the Jewish Telegraphic Agency (JTA) reported.

It included a photo of Jan Gross, a Polish and Jewish Princeton scholar who wrote “Neighbors: The Destruction of Jewish Community in Jebwabne, Poland,” which is about the massacre of the Jewish people in Jebwabne by their non-Jewish neighbors during the Nazi occupation in Poland, the Washington Post reported.

JEWISH GRAVES DESECRATED IN FRANCE AS PEOPLE HIT STREETS TO COMBAT 'POISON' OF ANTI-SEMITISM

The newspaper was first spotted at the lower house of the Polish parliament – the Sejm – on Wednesday, as part of the weekly package of publications sent to lawmakers, JTA reported.

Opposition lawmaker Michal Kaminski called for prosecutors to investigate, as it's a crime in Poland to incite hatred based on race or religion. A lawmaker from the ruling right-wing party called for the paper to be banned altogether.

The director of the Parliament’s information center initially said his office could not take action because the paper was being sold from kiosks inside the Sejm, which was responsible for the choice of newspapers.

Andrzej Grzegrzolka also suggested that a court could look into the front page to decide whether “Only Poland” should be suspended under Polish law, the Post reported.

VICE PRESIDENT PENCE HONORS HOLOCAUST VICTIMS IN 1ST VISIT TO AUSCHWITZ

He later relented and announced his office would request that “Only Poland” be removed from the set of periodicals delivered to the Parliament.

“Situations such as this publication are absolutely marginal in Poland,” President Andrzej Duda said in a statement Thursday. “Nonetheless each and every one of them deserves condemnation, including the one in question.”

According to JTA, the newspaper is published by Leszek Bubl, a fringe nationalist political candidate. In the past, he has sung anti-Semitic songs about “rabid” rabbis.

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Poland, which was home to Europe's largest Jewish community before the 1939 occupation by Nazi Germany, has a history of anti-Semitic speech and actions. The government has also been accused in the past of trying to rewrite history by banning any suggestion of Polish complicity in the Holocaust.

The Associated Press contributed to this report.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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Well, Joe Biden didn’t exactly clear the field.

I don’t think it matters much that Biden waited until yesterday to become the 20th Democrat vying for the nomination, even though it exposed him to weeks of attacks while he seemed to be dithering on the sidelines.

A much greater warning sign, in my view, is the largely negative tone surrounding his debut. He is, after all, a former vice president, highly praised by Barack Obama, who has consistently led in the early primary polls, and beating President Trump in head-to-head matchups. Yet much of the press is acting like he’s an old codger and it’s just a matter of time before he keels over politically.

This is all the more remarkable in light of the fact that the vast majority of journalists and pundits know and like Joe Biden and his gregarious personality.

The reason is that Biden, after a half-century in politics, lacks excitement, and the press is magnetically attracted to novel and unorthodox types like Beto and Mayor Pete. You don’t see Biden on the cover of Vanity Fair, and a grind-it-out win by a conventional warrior doesn’t set journalistic hearts racing.

JOE BIDEN ANNOUNCES 2020 PRESIDENTIAL BID: 3 THINGS TO KNOW ABOUT THE FORMER VICE PRESIDENT

For many in the media, Biden isn’t liberal enough, at least not for the post-Obama era. He doesn’t promise free college and free health care and has a history of working with Republicans, such as John McCain (whose daughter Meghan loves him, and Biden will hit “The View” today.)

What’s more, Biden’s campaign style — speak at rallies, rack up union endorsements — seems hopelessly old-fashioned when we measure popularity by Instagram followers. News outlets are predicting he’ll have trouble getting in the online fundraising game, leaving him reliant on big donors, which used to be standard practice.

And then there’s the age thing. Biden would be the oldest president to be inaugurated, at 78, and he looked a step slow in encounters with reporters yesterday and a few weeks ago.

But what if the journalists are in something of a Twitter bubble, and the actual Democratic Party is much more moderate? We saw that with the spate of allegations by women of unwanted touching, which dominated news coverage until polls showed that most Dem voters weren’t concerned. In that wider world, the Scranton guy’s connection to white, working-class voters could help him against Trump in the industrial Midwest.

SUBSCRIBE TO HOWIE’S MEDIA BUZZMETER PODCAST, A RIFF OF THE DAY’S HOTTEST STORIES

Biden denounced the president’s term as an “aberrant moment” in his launch video, saying four more years would damage the country’s character and “I cannot stand by and watch that happen.”

But first, he’d have to win the nomination in the face of an unenthusiastic press corps.

A New York Times news story said Biden would be “marshaling his experience and global stature in a bid to lead a party increasingly defined by a younger generation that might be skeptical of his age and ideological moderation.”

The Washington Post quoted Democratic strategists as saying that Biden faces an “uphill battle” and “isn’t necessarily the heir apparent to Obama, despite being his No. 2 in the White House for eight years. They argue voters will judge Biden by the span of his decades-long career and are worried the veteran pol hasn’t yet found a winning formula for his own candidacy.”

The liberal Slate said the ex-veep’s rivals view him as a “paper tiger”:

“Biden is something more like a 2016 Jeb Bush: a weak establishment favorite whose time might be past … Biden’s biggest challenge in the primary will be a compromised past spanning nearly 50 years.”

“Compromised” suggests a history of scandal, yet what Slate means is political baggage, such as his backing of a Clinton-era crime bill unpopular with black voters today. Yet I think the rank and file isn’t as concerned about a vote back in 1994, or even the Anita Hill hearings, as the chattering classes.

BIDEN’S SENATE RECORD, ADVOCACY OF 1994 CRIME BILL WILL BE USED AGAINST HIM, EX-SANDERS STAFFER SAYS

One of the few left-leaning pundits to suggest the press is underestimating Biden is data guru Nate Silver at 538:

“Media coverage could nonetheless be a problem for Biden. Within the mainstream media, the story of Biden winning the nomination will be seen as boring and anticlimactic. That tends not to lead to favorable coverage. Meanwhile, some left-aligned media outlets may prefer candidates who are some combination of more leftist, more wonkish, more reflective of the party’s diversity, and more adept on social media.

“If Biden is framed as being out of touch with today’s Democratic Party and that narrative is repeated across a variety of outlets, it could begin to resonate with voters who don’t buy it initially. If he’s seen as a gaffe-prone candidate, then minor missteps on the campaign trail could be blown up into big fumbles.”

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Look, it’s entirely possible that Biden could stumble, get lapped in fundraising and just be outclassed by younger and savvier rivals. He was hardly a great candidate in 1987 and in 2008.

But if the former vice president finds his footing and the field narrows, the press will be forced to change its tune, and we’ll see a spate of stories about how Joe Biden has “grown.”

Source: Fox News Politics

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South Africa's 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston
South Africa’s 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston, South Africa, April 25, 2019. REUTERS/Siphiwe Sibeko

April 26, 2019

GERMISTON, South Africa (Reuters) – Olympic 400 meters champion Wayde van Niekerk has backed South African compatriot Caster Semenya in her battle with the International Association of Athletics Federations (IAAF), which now appears to have taken a new twist.

Semenya, a double 800 meters Olympic gold medalist, is waiting for the outcome of her appeal to the Court of Arbitration for Sport (CAS) to halt the introduction of new regulations by governing body IAAF that would require her to take medicine to limit her natural levels of testosterone.

The IAAF wants female athletes with differences of sexual development who run in events from 400 meters to a mile, to reduce their blood testosterone level to below five (5) nmol/L for a period of six months before they can compete, saying they have an unfair advantage.

“She’s fighting for something beyond just track and field, she’s fighting for woman in sports, in society and I respect her for that,” Van Niekerk told reporters.

“I will support her and with the hard work and talent that she’s been putting into the sport. With what she believes in and what she’s dreaming for, I’ve got a lot of respect for her.

“I really hope and pray that everything just goes from strength to strength for her.”

Semenya has sprung a surprise at the on-going South African Athletics Championships though, ditching the 800 meters and instead competing over 1,500 and 5,000-metres – the latter one would not require her to medically lower her testosterone level.

She stormed to victory in the 5,000-metres final in a modest time of 16:05.97, but looked to have lots left in the tank as she passed the finish line.

Semenya beat fellow Olympian and defending national 5,000m champion Dominique Scott in Thursday’s final but the latter admitted she is unsure whether the 800m specialist could be a serious Olympic contender over the longer distance.

“Honestly‚ I have no idea‚” Scott said. “Before today I probably would have said no. It’s hard to compare a 5,000 at altitude to a 5,000 at sea level.

“But I think she’s an amazing runner and I don’t think there’s any limit or ceiling on what she can do.”

Van Niekerk, the 400m world record holder, had to abort his comeback from a knee injury, that had sidelined him for 18 months, following a combination of cold weather and a wet track.

“We are trying to take the correct decisions now early in the year so as not to put myself in any harm,” he said.

“It was a bit chilly this entire week prepping and coming through here as well it was quite cold and it caused bit of tightness in my leg. We decided to not risk it.

“My recovery is going well and I would like to be back in competition this year, but will only do so if I can deliver a good performance.

“I am a competitor and respect my opponents, so I need to be at my best when I return.”

(Reporting by Nick Said, additional reporting by Siyabonga Sishi; editing by Sudipto Ganguly)

Source: OANN

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The suspected leader of the Easter Sunday bombings in Sri Lanka died in the Shangri-La hotel, one of six hotels and churches targeted in the attacks that killed at least 250 people, authorities said.

Police said Mohamed Zahran, leader of the National Towheed Jamaat militant group, had been killed in one of the bombings. The group’s second in command was also arrested, police said.

Zahran amassed an online following for his hate-filled sermons. Some were delivered before a banner depicting the Twin Towers.

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people. 

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people.  (YouTube)

Australian Prime Minister Scott Morrison said Friday that the attackers responsible for the bombings were supported by the Islamic State group. Around 140 people in Sri Lanka had connections to ISIS, Sri Lankan President Maithripala Sirisena said.

“We will completely control this and create a free and peaceful environment for people to live,” he said.

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Investigators determined the attackers received military training from someone called “Army Mohideen.” They also received weapons training overseas and at some locations in Sri Lanka, according to authorities.

A copper factory operator arrested in connection with the bombings helped Mohideen make improvised explosive devices, police said. The bombings have led to increased security throughout the island nation as authorities warned of another attack.

Source: Fox News World

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