EU might agree on sanctions for Russian officials on Monday – source baltictimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltictimes.com Daily Mail and Mail on Sunday newspapers.
Maryland s digital advertising tax sparks controversy
Taxing digital advertising revenue has caused some controversy this week in various countries around the world. In the US, Maryland became the first state to introduce a tax on digital advertising revenue, which enters into effect from the 2021 tax year. It targets technology companies such as Google, Facebook and Amazon that make more than $100 million from advertising revenue.
The rate of tax will range from 2.5% to 10% depending on the amount of annual gross revenues earned by a company. This tax could have a similar ripple effect as the
Wayfair case, emboldening other US states to introduce a similar tax measure.
EU countries are ready to impose new sanctions against Russia over the poisoning and imprisonment of opposition leader Alexei Navalny, Euronews has learned. A political decision is expected as early as next week.
The move comes after the widely-criticised visit of Josep Borrell, the EU s foreign affairs chief to Moscow.
The first set of EU sanctions over the Navalny case
was introduced in October, targeting six individuals and one entity believed to be involved in the poisoning of the Kremlin critic. No further action has been taken since he was jailed in early February.
Speaking on condition of anonymity due to the sensitivity of the issue, diplomatic sources told Euronews that there will likely be a political decision on the topic during next week s Foreign Affairs Council.
February 18, 2021 Share
The United States plans to “repair” and “revitalize” cooperation with its European allies as Washington and Beijing are seen as competing for influence in supporting vaccine distribution and post-pandemic recovery in Europe.
U.S. President Joe Biden is set to speak virtually at the Munich Security Conference on Friday.
On Thursday, U.S. Secretary of State Antony Blinken will engage virtually with his counterparts from France, Germany and the United Kingdom the so-called E3 to discuss what State Department spokesperson Ned Price called “shared global challenges.”
Blinken will also participate in the European Union’s Foreign Affairs Council on February 22 at the invitation of EU High Representative Josep Borrell.
US, China Compete Over Vaccine, Post-pandemic Recovery in Europe theuknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theuknews.com Daily Mail and Mail on Sunday newspapers.