A new report, funded by the european union, has found that the worlds super rich are still able to pay low rates of tax, despite a decade of efforts to reduce evasion. The study says there are still too many loopholes and billionaires are able to pay less than half a percent of their wealth. The eu tax observatory, which is behind the report, is calling for a new global minimum tax on billionaires saying that if the richest 3000 people in the world paid 2 , then it would raise 250 billion a year. Lets speak now to one of the reports authors quentin parrinello, Senior Advisor at the eu Tax 0bservatory . What more can you tell us about what this report is calling for and whether its feasible . In this report we are trying to target tax evasion and mistakes have happened in the last decade in terms of tax evasion. Mainly focusing on the taxation of billionaires. We are asking to replicate the agreement on the global scale. For Global Billionaires. As you said, Global Billionaires. As you
Hes a big fan of the Rolling Stones. Some of his fans and critics alike have described him as cr azy but who is the real javier milei . President milei, thank you so much for speaking with bbc news today. Id like to start this interview firstly by talking about the economy, which youve made a priority. You have got inflation down, but you promised that the political class, not the people, would pay. I spoke to a pensioner here who told me that in tears that this, in her words, was a lie, that with cuts to pensions, salaries, the value of peoples money, its people like her who are paying. What would you say to her . Translation well, | actually, that is false. The largest adjustment is being paid by the political corporation. When we took office, argentinas economy had twin deficits amounting to 17 of gdp. Besides, the previous administration, during the last year, had printed about 13 of gdp to finance fiscal deficit. And when we took office, inflation was at 7,500 a year. And in decem
Already begun to play substantial role in elections. And concerns are growing about how to protect the public from deepfakes that could sway their vote, especially as the Technology Becomes more sophisticated and convincing. In pakistan, an ai Version Ofjailed imran khan was released by his own team, claiming victory in feburary. And in argentinas elections, the New York Times wrote an article showing multiple Images Released by both campaigns were digitally doctored. Here in the us, voters in New Hampshire Recieved A Fake Robocall from President Joe Biden telling them not to vote in the states primary back in january. Take a listen. What a bunch of malarkey. We know the value of voting democratic, when our votes count, it is important you save your vote for the november election. We will need your help in electing democrats up and down the ticket. Voting this tuesday only enables the republicans in their quest to elect donald. Republicans in their quest to elect donald. Obviously not
thousands of lives at risk through, what it called, the direct and repeated targeting of the hospital. the israel defense forces have not commented specifically on any operation involving the indonesian hospital, but says it continues to target what it calls terrorists and terrorist infrastructure . also the israeli military has released video, which it says supports its claim that hamas was using gaza s biggest hospital al shifa. it released cctv images, which it says show two hostages being taken by hamas into al shifa, after they were abducted from southern israel on the 7th of october. one is injured and wheeled in on a trolley. the bbc has not been able to verify the video. the idf also released video which it says shows a 55 metre long tunnel, beneath the hospital complex. hamas which is designated a terrorist organisation by many western governments has denied using al shifa as a base. 31 surviving premature babies were evacuated from al shifa, in a joint op
thick cloud and a mild westerly breeze across the uk, heavier rain in parts of the western isles and look at the temperatures, possibly up look at the temperatures, possibly up to 14 degrees in some places feeling relatively mild midweek. thursday into friday, a cold front sweeps southwards across the uk, opening up the gates to stronger and colder winds from the north, and these white blobs are wintry showers sweeping across the scottish hills but elsewhere, a case of crisp sunshine so a crisp end to the week with a cold air and temperatures around low single figures, maybe eight or nine in the south. thanks, tomasz. that s bbc news at ten. newsnight isjust newsnight is just starting with victory on babies too but now the prime minister says tax cuts are coming . when, how might that affect you, and will it mean the overall tax burden is going to come down in the short term or not? this parliament has seen the biggest tax burden in peacetime. rishi sunak claims he s a low t