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UK's Wealthiest Evade Billions in Taxes, More Than Initially Estimated
The UK's richest evade billions in taxes, with fines dropping sharply. The NAO urges action to recover lost revenue, which could ease budget pressures.
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Major concerns about Japanese economy: 'Worse than Greece'
Japanese Prime Minister Shigeru Ishiba warns that Japan's fiscal situation is worse than Greece's, making tax cuts impossible. He highlights rising borrowing costs and the shift away from negative interest rates as key challenges.
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Trade War | Europe Can Reduce Tech Gap with the US
Europe can reduce its tech gap with the US through better regulations and capital markets, says former ASML CEO Peter Wennink.
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State of emergency or not, Germany now refuses asylum seekers
Germany has started rejecting asylum seekers at its borders under a new policy, despite unclear cooperation from neighboring countries and potential legal challenges.
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Historic reset in EU-UK relations: multiple agreements reached
The UK and EU have reached multiple agreements to improve post-Brexit relations, including fisheries, exports, and defense cooperation. Talks continue on easing movement for young people.
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TikTok's Parent Company Expected to Rival Meta in Size This Year
ByteDance, TikTok's parent company, is set to rival Meta in revenue this year, with projected earnings of $186 billion. The Chinese firm boasts over 4 billion monthly users, similar to Meta's reach. U.S. regulatory pressures...