Europe
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Finance ministers from wealthy G7 nations on Saturday endorsed a global minimum corporate tax of at least 15 percent, rallying behind a U.S.-backed plan targeting tech giants and other multinationals accused of not paying enough. The G7 deal for a minimum global corporate tax of at least 15 percent is a “historic step” in the…
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Investors in British companies are taking a stand against cheap takeovers. Shares in UK-listed groups like Spire Healthcare (SPI.L) and Vectura (VEC.L) are trading above the price of recently agreed offers. Big shareholders including Allianz Global Investors complain that some deals are too cheap, while merger arbitrageurs are betting on higher bids. But buyers have good reasons to hold…
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The virus swept through a nursery school and an adjacent elementary school in the Milan suburb of Bollate with amazing speed. In a matter of just days, 45 children and 14 staff members had tested positive. Genetic analysis confirmed what officials already suspected: The highly contagious coronavirus variant first identified in England was racing through…
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As the two mortuary workers pushed a stretcher with a bagged corpse out of the room, the elderly man in the adjacent bed briefly awakened from his dementia. “Is he dead?” he muttered, extending his arm, trying to touch his roommate for the last time. Reflecting on a scene repeated too many times, one of…
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As the United States struggles to contain the coronavirus, there are growing concerns about a possible new spike in cases in Europe. Many of the new coronavirus cases are tied to reopenings. As soon as travel restrictions eased in mid-June, Europeans flocked to sunny Spain. But a month on, the number of COVID-19 cases there has…
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New rules on wearing masks in England came into effect Friday, with people entering shops, banks and supermarkets now required to wear face coverings, while Romania reported a record for daily infections and France announced mandatory testing for arrivals from 16 countries, including the United States. People in England can be fined as much as…
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Unemployment across Europe has risen due to the coronavirus pandemic with airline companies and the automobile sector making some of the biggest job cuts. About 397,000 people in the European Union lost their jobs in April, according to data from the EU’s stats agency, released in June. The EU’s jobless rate rose to 6.6% in…
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Under President Xi Jinping, China has looked to take up a role as the leading power in the world. While Beijing has begun its recovery from the coronavirus pandemic, Europe has been crippled. With the EU failing to quickly support member states from the coronavirus pandemic, China has used a “divide and rule” approach to gain influence on the…
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U.S. President Donald Trump struck a cautiously optimistic tone on trade talks with Europe on Tuesday, but kept the threat of new car tariffs firmly on the table. Having long accused the European Union (EU) of gaining an unfair trade advantage, Trump has threatened to slap new tariffs on European cars and car parts, a…
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The UK’s position, both geographically and in respect of business culture, puts it at the center of a diverse collection of markets and sectors. Its open market and diversified economy present opportunities for new investors to access a domestic market and to use the location as a gateway to the rest of the world. Based on the World Bank Doing Business survey, the UK is ranked top in…
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Sky Sports has crowned Manchester City as the best football club in Europe. At the moment, Pep Guardiola’s men are Europe’s top scorers—a position they earned for their resilience, brilliant individual performances, and teamwork. The team found their goal blitz since January 2019 and the seeming New Year resolution has raked in 19 goals in…
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Refugees in Libyan camps are suffering dehumanizing treatment from guards who allegedly starve them of good food and other necessities of life. According to a report from the Guardian newspaper, one of the detainees attempted suicide this week. The UK government currently sponsors a total of 26 refugee camps in Libya. Over a thousand…
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Russian President Vladimir Putin has said that, if the United States deploys intermediate-range missiles in Europe, Moscow will have to target the countries hosting them. The October 24 statement follows U.S. President Donald Trump’s announcement over the weekend that he intends to withdraw from a 1987 nuclear arms control pact over alleged Russian violations.…
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Catching a frisbee is difficult but doing so successfully requires the catcher to weigh a complex array of physical and atmospheric factors, among them wind speed and frisbee rotation. Were a physicist to write down frisbee-catching as an optimal control problem, they would need to understand and apply Newton’s Law of Gravity. Despite this complexity,…
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The UK Prime Minister, Theresa May, has taken her time to send a lovely Christmas message to UK citizens living in Europe, with a assurance that their rights would be taken care of after Brexit. According to a report from The Independent, May, 61, said in her letter that she understands the anxiety evoked by the…
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