Sunday

14th Apr 2024

Ticker

German chancellor to face MPs over tax-fraud probe

German chancellor Olaf Scholz faces lawmakers' questions on Friday over his role in tackling a multibillion-euro tax fraud. The sprawling probe, known as "cum-ex" or dividend-stripping, investigates banks and investors who traded shares around their dividend payout day, blurring stock ownership and allowing multiple parties to falsely reclaim tax rebates on dividends. The loophole, now closed, has snowballed into a political scandal.

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UK-EU deal on Gibraltar only 'weeks away'

EU and UK negotiators said that a new post-Brexit settlement for Gibraltar was just weeks away from completion following four-way talks in Brussels on Friday (12 April).

Opinion

Calling time on Amazon's monopolism and exploitation

As Amazon's founder Jeff Bezos just reclaimed the title of the richest person on Earth, its workers cannot even take a bathroom break under the pressure of meeting inhumane performance targets.

Resist backlash on deforestation law, green groups tell EU

European environmental groups have urged the EU Commission to stand firm on implementing the bloc's landmark anti-deforestation legislation — despite a backlash from governments in South America, Africa and some EU ministers.

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