France starkly refuses US opt-out scheme for taxation on big firms
Speaking on behalf of the Organization for Economic Cooperation and Development, French finance minister Bruno Le Maire turned down US treasury secretary Steven Mnuchin's suggestion that international firms be granted the choice to opt out of the OECD's overhaul of the corporate tax regime, which aims to tax big multinational firms operative in countries where their end users live, rather than the country of incorporation.
france tax regime united-states steve-mnuchin bruno-le-maire oecd multinational opt-out
ReutersRelated Articles
Former French PM jailed along with wife over Fake Jobs
French ex-Prime Minister François Fillon and his Welsh wife have received jail sentences in a "fake jobs" case. Each was also fined €375,000. They appealed to block immediate detention. Fillon was found to have paid his wife €831,400. The scandal torpedoed Fillon's 2017 bid to become president. "The payment was disproportionate to the work done," the chief judge said. "Mrs. Fillon was hired for a position that was without use."
france pm jailed fillon
BBC
A vaccine should not be subject to market forces, says Macron
French President Emmanuel Macron said that a coronavirus vaccine should not be subject to market forces, his comments came after an announcement by French drug giant Sanofi to prioritize the US market if it develops a Covid-19 vaccine. "For us, it would be unacceptable for there to be privileged access to such and such a country for financial reasons," Deputy Finance Minister Agnès Pannier-Runacher told France's Sud Radio
us france vaccine sanofi
BBC
US deploys navy to thwart Caribbean drug trade
US President Donald Trump has declared that the US is deploying its warships in the Caribbean to thwart the influx of cocaine and other illegal drugs from Venezuela, with Trump charging Venezuelan President Nicolaus Maduro with plotting to harm the health of American citizens. President Maduro has replied that the move is an attempt to divert attention from the US' rapidly worsening coronavirus crisis.
donald-trump drugs health navy cocaine president crisis venezuela trade illegal united-states coronavirus covid-19 nicolaus-maduro caribbean warships
BBC
Trump revises US coronavirus deaths forecast to 240,000
In his latest daily White House press briefing, US President Donald Trump has revealed that White House coronavirus taskforce response coordinator Dr. Deborah Birx now predicts that the death toll from the COVID-19 pandemic in the country could go up between 100,000 to 240,000 in the best-case scenario over the next two weeks, even if mitigation policies are enacted, with 1.5 to 2 million lives lost in the worst-case scenario.
donald-trump million death president united-states white-house coronavirus pandemic covid-19 briefing taskforce dr-deborah-birx scenario mitigation
TheGuardian