Welcome to countdown. I am mark barton. It is 6 00 and london. Bloomberg reporters ready to deliver the stories that will drive your day. Elliott is in tel aviv covering the iraq situation. John kerry calls on the countrys leaders to unite. Ryan chilcote is in the studio on the current state of play with south street pipeline. Manus cranny is here looking ahead to mark carneys grilling in front of lawmakers today. It is the deal this is a lot about u. S. Companies trying to avoid taxes. Caroline hyde has the autopsy report on the monsantosyngenta talks. Exclusives an mineview with the head of old bank, peter weinzierl. Called to unite against an al qaeda Breakaway Group to seek after the countrys largest oil refinery. This would seem to reinforce very concerns that i rock iraqs very survival is at stake. Bighe oil refinery is a loss. Lets not beat about the bush. This is the largest in the country. There have been reports of shortages of Refined Products in the kurdish region. The seco
Hello. Welcome to todays edition of worldwide exchange. Im ross westgate. And im kelly evans. Here are your headlines from around the world. Spains gdp contracts for a sixth straight quarter, down more than initially expected as its most troubled lender posts the countrys biggest ever loss. And the finance minister raises taxes on top earners rather than cut spending in an election year. And the eu moves to clamp down on big paychecks in the Banking Sector, looking to cap bonuses on a bankers salary as early as next year. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Okay. Were back. Youre mobiled up and we have some data. Yes. Its such a mobile world, isnt it, in many ways. Lets first talk about whats happening with the german unemployment figures. We were waiting on these. It turns out 6. 9 , that is the unemployment level for germany in january. The unadjusted figure is 7. 4 . Its higher than expected. You can see the forecast was for
NRIs earning income from multiple countries face potential double taxation issues. To address this, countries establish Double Taxation Avoidance Agreements (DTAAs), requiring taxpayers to prove their residency with a Tax Residency Certificate (TRC). TRCs offer benefits like avoiding double taxation and simplifying compliance.