Tag Archives: Twitter

Business this week

Business this week

The Argentine government introduced emergency capital controls, restricting the amount of dollars that people and firms can buy. The measures are meant to stop money gushing out of the country amid a run on the peso, which has tumbled as investors fret that October’s presidential election will be won by a ticket that includes Cristina Fernández …

Business this week

Business this week

A judge in Oklahoma ruled that Johnson & Johnson had broken the state’s “public nuisance” law with its aggressive marketing of opioids and ordered it to pay $572m. It was the first time a drugmaker had stood trial for its part in creating America’s opioid-addiction crisis; others have so far elected to settle rather than face a …

Politics this week

Politics this week

Giuseppe Conte, Italy’s prime minister, resigned after Matteo Salvini, the leader of the Northern League party, withdrew his support for the coalition government. The coalition’s other party, the Five Star Movement, must now try to form a new government. If that fails, Italy may face a general election. An Italian prosecutor ordered a ship carrying around …

Digital services tax | France is giving unilateralism a go

Digital services tax | France is giving unilateralism a go

The Trump administration is preparing to hit back “DON’T TAX you, don’t tax me, tax that fellow behind the tree.” Historically, this rhyme has poked fun at the tax-shy American public. Today it reflects complaints against the French government, which on July 25th introduced a tax on digital services. American companies such as Amazon, Facebook and …