Tag Archives: Olaf Scholz

Putin is about to start the most senseless war in history

A view from Russia: no sanctions will stop Moscow, and its actions will drive more countries into NATO’s arms

By Greg Yudin  Puvlished 2-22-2022 by openDemocracy

Vladimir_Putin. Photo: Kremlin/CC

In the near future, a big war will begin – a war that we have not seen in the lifetime of my generation, and perhaps the previous generation too.

The Russian president, Vladimir Putin, last night formally recognised the separatist ‘People’s Republics’ in Donetsk and Luhansk in eastern Ukraine as independent territories. Now, he has ordered so-called ‘peacekeeping forces’ into the Donbas region.

Meanwhile, on the borders of Ukraine, Russia has gathered an army of 75% of all available forces. Belarus has officially confirmed that, following extensive exercises, Russian troops are not leaving Belarus. A few kilometres from Ukraine, tanks sit in Russian forests and fields – as can be seen in videos filmed in Russia’s Belgorod, Kursk and Bryansk regions, as well as in Belarus’ Homyel region. This military force is fully prepared for a large-scale operation – and is already in position to attack. Continue reading

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G7 Countries Reach Deal on 15% Global Minimum Tax Rate for Multinational Corporations

One critic of the agreement said that “by settling for anything less than a 25% tax rate, the G7 is telling their citizens and the world that they’re willing to keep the race to the bottom alive and kicking.”

By Jake Johnson, staff writer for Common Dreams. Published 6-5-2021

U.S. Treasury Secretary Janet Yellen at the World Bank 2021 Spring Meetings. Phpto: World Bank/flickr/CC

Representatives from seven of the world’s wealthiest nations reached an agreement on Saturday to support a global minimum tax rate of at least 15% for multinational companies, a move aimed at curbing the use of tax havens and ending the decades-long race to the bottom on corporate taxation.

The deal struck by the U.S., Japan, Germany, France, the U.K., Italy, and Canada still faces a long road to implementation, but Saturday’s development marks substantial progress toward a global accord that could allow governments to raise revenue from corporate giants notorious for shifting operations and profits overseas to avoid taxes. Continue reading

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