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Australia Spending Nearly $1 Billion on Cyberdefense as China Tensions Rise

SYDNEY, Australia — Confronting a surge of cyberattacks attributed to the Chinese government, Australia moved to bolster its defenses on Tuesday, promising to recruit at least 500 cyberspies and build on its ability to take the battle overseas. The investment of 1.35 billion Australian dollars ($930 million) over the next decade is the largest the […]

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€4.1 billion can still be mobilized in EU Budget to tackle #Coronavirus crisis  

Ahead of the European Parliament’s vote on the first coronavirus measures during the extraordinary plenary session on 26 March, Siegfried Muresan MEP, the European People’s Party (EPP) vice president and EPP Group vice chairman responsible for EU Budget, proposed to mobilize additional €4.1 billion in the EU Budget. “Unprecedented times require unprecedented actions. The EPP […]

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IRS, Facebook Square Off In Court Over $9 Billion In Unpaid Taxes

SAN FRANCISCO (Reuters) – Facebook Inc is slated to begin a tax trial in a San Francisco court on Tuesday, as the Internal Revenue Service tries to convince a judge the world’s largest social media company owes more than $9 billion linked to its decision to shift profits to Ireland. The trial, which Facebook expects […]

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Brexit BOOST: How ‘clean break Brexit’ will bring Britain prosperity and SAVE £39 billion | Politics | News

The prospect of Brexit looms in the distance, with the outcome of this week’s general election sure to determine Britain’s future relationship with the EU. Since Britain voted to leave the EU in 2016, speculation over the UK’s trading relationships and economy has been rife. But according to a Brexit Party parliamentary candidate and entrepreneur, […]

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Trump’s $28 Billion Trade War Bailout Is Overpaying Farmers

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.  President Donald Trump’s $28 billion farm bailout may be paying many growers more than the trade war with China has cost them. The U.S. Department of Agriculture’s calculations overshot the impact of the trade conflict […]

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270 Million People are Migrants, Who Send Home a Staggering $689 Billion — Global Issues

Pakistani migrant workers build a skyscraper in Dubai. Credit: S. Irfan Ahmed/IPS united nations Wednesday, November 27, 2019 Inter Press Service UNITED NATIONS, Nov 27 (IPS) – The number of international migrants in 2019 is now estimated at 270 million and the top destination remains the United States, at nearly 51 million, the UN migration […]

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