Way institutions are taxed. Ththe first pillar involves taxg Companies Based on a location of their customers as opposed to where the firm is registered. The second pillar would see the creation of a global minimum Corporate Tax rate. It is designed to clamp down on the use of tax havens. The United States in particular has expressed opposition to the current direction of talks. That could change depending on the outcome of next months elections. Lets take a look at mondays trading action. Gains on most of the european indexes. Up around two thirds of a percent. The ftse down a quarter of a percent. Wall street has found some comfortable gains. The s p up over 1. 5 . Strong gains with the dow jones. The nasdaq up 2. 5 . Investors optimistic a longawaited stimulus plan may finally get the green lay in congress. The years nobel prize in economics was awarded. Pioneering work on commercial auction theory. A banning of the gavel and the winning bid is decided. Auctions h have been used for centuries as a way to trade and they u underpinned the global ececonomy in ways you might not expect. Auctions aree used broroadly. They are u used in society to determine electricity prices, which are the heating bills. They are determining the price of purchasing services for localities who want to remove trash removal. The research of nobel winners has helped to make auction work more efficiently. Tackling problems like the winners curse, which involves buyers scaling back offers if they worry about overpaying. The solution is for the seller to provide as much information as p possible before the bidding begins. The e findings havave beenn appd to fields from online advevertising to 5g networks. S. Somomething iveve been workg on for the last t few y years hs been too do with the allococatin of resesrces for 5 5g radio spspectrum. Thosose are compmplicatedd transasactions. They weree beyond the rereach of tradaditionanal economic models. In the telecommunications industry, private Companies Seek licenses from the government to use publicly owned radio frequencies. In 19 94, the u. S. Government switched to sell the rights to these frequencies. They helped to design a format allowing all the licenses to be sold in one go. There model raised 617 million and was copied by countries from canada to india. Next up, representatives from frances struggling t Tourism Sector metet with cabinet m mems on monday. The state has already given out some 550 Million Euros said the sector. Also applauded businesses for staying g open despite frances growing number of cases of covid1919 [speaking foreign language] finally, it may be tough times for the hospitality sector in france but one small restaurant in france is seeing a boost. In Italian Eatery was featured in the popular Netflix Series emily in paris. The owners say i it has led to n increasese in customers over the last week. The actual restaurant serves italian food. A menu includes tiramisisu and d americano cocktail. Fantastic. I will do if it is i will do it if it is a free meal. [indiscernible] thank you. Good evening to you. October the 12th has long been known as columbus day, which marks Christopher Columbus discovering what is today the unit states. Of course there were people there already. It is that retelling of history which leads to the controversy regarding columbus day. That is right. As t this articicle in usaoday points out, 14 of the 50 u. S. States as well as 130 different cities across the country are celebrating Indigenous Peoples day either instead of or in addition to columbus day. One of the reasons being that for many, Christopher Columbus day is not really a day of what it means to exploit the americas but an exploration that eventually led to the genocide of native peoples and paved the way to cololonialism and slaver. As a rememinder of this s usa ty article, post for columbus made four expeditions to the caribbean and south america over two decades during which he or his followers enslaved or totally decimated native american populations. This is nothing new. Over the past few years, there have been a gradual reckoning with the truth about Christopher Columbus and his expeditions. This Washington Post article summarizes it well because this comes amid the ongoing reckoning with race and social justice within the United States following the killing of george floyd. This article reminding readers it has not been a good year for Christopher Columbus. Across the country, statues have been vandalized, taken down or coming to review as americans grapple with social justice questions. Over 30 statues of Christopher Columbus have been decimated or removed over the past six months. Columbus day i imagine has produced many polarizing ratiois on social mededia. As to be expected with issues like this. Lets start with Melania Trump saying today we celebrate the history and diversity of our country and all who have contributed to shaping this great nation. The white house came up came out with a proclamation to say Christopher Columbus day is a celebration of italian heritage and the positive advancement of the western civilization. This twitter user saying me watching dont play the horrors columbus inflicted and watching group two downplay the horrors Indigenous People have inflicted and wondering if the commodification of identity will end. She suggested both sides were responsible for massacres and for her, neither is better than the other. Set kind of a radical view. We also had jesse kelly sang happy columbus day said the man [indiscernible] and columbus built the world you and i live in. It is hardly perfectct. And some people have pointed out the concrete reasons for which it is controversial as you say. This person saying because of the election, you have made a list of some of the ways people experience voter suppression. Some tribal land polling stations can be over 100 miles away. She gives examples of how the oppression of native populations continues. We also have this expert in native american studies who says these are all of the things you are celebrating when you celebrate Christopher Columbus day. His voyage started the trento ethics slave trade where he captured people andd shipped thm to spain for gold. She also says he sex trafficked indigenous girls for his personal profit. This is really the largescale of abuse he and his troops committed and this is what we should be focused on. Is that last tweet was sayingng, it was in his journal. People should read hisis journas to find out what happened because that is the best way to get into the arguments. Read what ththe man wrote e at e time and go with that. Objective as it gets. That looked pretty horrific what i read in that thread. D. The debate about justo justice extends beyond statues. You have been looking at the debates about an upcoming biotic about cleopatra. That is right. Cleopatra the egyptian queen. That is the debate because an israeli actress was chosen by the director of the film to star in the film as cleopatra. She tweeted yesterday, very excited. I teamed up with Patty Jenkins to ring the story of cleopatra to the big screen to tell her story for the first time. Very celebratory to eat. That said, it receives backlash. This user saying stop casting white people as egyptians. Gal ghetto is gal ghetto is this user being egyptian. I will stop with the second and final tweet that illustrates the outrage. This person saying it is a no. At the end of the day, she was a black african woman. The problem with these tweets is they are not necessarily historically accurate as this history both user says. Cleopatra was not black or arab. At this point in history, they had been invaded by greeks and then arabs. She was macedonian, greek, only egyptian by birth and most likely looked like this. It is interesting because there is another element, which is the political element. This user saying for those confused by the outrage, according to this user, there is a preexisting twitter subculture that hates gadot because she is israeli and famous. The Student Union with several tweets that were in response to ththe actresss to eat with actresss tweet. Often undermines and and leaves horrible taste in your mouth. Thank yoyou very much indeed. Interesting stuff. Columbus day. Indigenous people. The controversy that should continue because the story should be told. Thank you. Thank you very much indeed. Thanks for watching. More to come. Live from paris. 10 12 20 10 12 20 [captioning made possible by democracy now ] amy from new york, this is democracacy now President Trump returns to the campaign trough for the first time after his covid19 hospitalization, despite doctors has had ao confirm he negative test. We will look at how his defined actions over the past week after i the health of the white house residencnce s staff, a majorityf whom are olderer people of color
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