PARIS/WASHINGTON—The United States on Thursday withdrew its threat of tariffs against five European countries over their digital services taxes as part of a deal to manage the transition to a new global tax regime for large highly profitable corporations. Austria, Britain, France, Italy, Spain will get to keep their digital taxes in place until a…
US Drops Tariff Threat in Digital Tax Transition Deal With European Countries
October 23, 2021
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Stocks and Bonds Reel Under Stagflation Threat
October 12, 2021
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LONDON—A selloff in global stocks extended into Tuesday on signs that soaring energy prices had put a dampener on economic growth, while inflation and policy-tightening fears sent short-dated U.S. Treasury yields to 18-month highs. Oil prices rose further, with Brent crude at almost $89 a barrel. Coal has scaled record peaks and, while gas prices…
Surge in UK Fraud a National Security Threat, Warn Banks
LONDON—A surge in fraud attacks on consumers since the pandemic has become a ‘national security threat’ for Britain requiring government-coordinated action across industries, banking industry lobby group UK Finance has warned. Financial fraud has rocketed during the pandemic as more consumers shop online and try digital banking and investing. Criminals stole 754 million pounds ($1.03…
Employees Can Be Insider Threats to Cybersecurity: Here’s How to Protect Your Organization
By Andrei Komarov The U.S. Army recently announced an initiative called “People First,” a strategy that calls for enacting widespread policy directives and changes designed to better support the health and well-being of the largest branch of the U.S. Armed Forces. For an organization that’s known for sending its people out on long tours away from…
Air France Flight From Chad Searched After Bomb Threat
PARIS—French authorities in Paris are searching an Air France airplane that arrived from Chad following an anonymous threat about a possible explosive device on board, officials said on Thursday. Air France said in a statement that following the threat, Air France Flight AF865 from N’Djamena to Paris had been escorted by a French Air Force…
French Policewoman Stabbed by Ex-Prisoner on Potential Threat Watch List
CHAPELLE-SUR-ERDRE, France—A radicalized French ex-prisoner on a watch list of potential terrorist threats stabbed a policewoman inside her station in western France on Friday and died following a shoot-out with police, a government minister said. The victim was seriously wounded but expected to survive, Interior Minister Gerald Darmanin said. The assailant had been released from…
Belgian Police Hunt Heavily Armed Soldier Who Threatened Virologist
BRUSSELS—Belgian police have launched a manhunt for a heavily armed soldier who disappeared on Monday after threatening a virologist supportive of COVID-19 vaccines and coronavirus restrictions. The 46-year-old soldier, Jurgen Conings, left his home near the Dutch border on Monday morning and has not been seen since, police said in a search warrant published online….
General: China’s Africa Outreach Poses Threat From Atlantic
May 7, 2021
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WASHINGTON—The top U.S general for Africa is warning that a growing threat from China may come not just from the waters of the Pacific but from the Atlantic as well. U.S. Gen. Stephen Townsend, in an interview with The Associated Press, said Beijing is looking to establish a large navy port capable of hosting submarines…
North Korea Says Biden ‘Made a Big Blunder’ in Calling It a Serious Threat
A senior official from the reclusive communist regime in North Korea issued a statement on Sunday saying that President Joe Biden “made a big blunder” in a recent speech to Congress by calling Pyongyang a security threat. In his first address to a joint session of Congress on April 28, Biden flagged the nuclear program in…
Five Chinese Companies Pose Threat to US National Security: FCC
March 12, 2021
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WASHINGTON—The Federal Communications Commission (FCC) on Friday designated five Chinese companies as posing a threat to national security under a 2019 law aimed at protecting U.S. communications networks. The FCC said the companies included Huawei Technologies Co, ZTE Corp, Hytera Communications Corp, Hangzhou Hikvision Digital Technology Co and Dahua Technology Co. A 2019 law requires…
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