Time for a look at the Business News now with tadhg enright. Luxmy gopal, thank you very much. We are going to talk about tax. 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 decades of efforts to reduce evasion. The study says there are still too many loopholes and billionaires are able to pay less than 0. 5 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 3,000 people in the world paid 2 , then it would raise 250 billion a year. Earlier, i spoke to Richard Murphy a Tax Reform Campaigner and professor of accounting practice, Sheffield University Management School and asked how feasible that would be. The good news in this report today is that a lot of measures that are being put in place which i campaigned for over the last 15 years are working. For example, tax havens are now causing one third of the ha
A mother, 32 years old, and her son, four years old, and a little baby, nine months old, is in captivity, kidnapped by hamas terrorists. So forgive me for not being excited about the humanitarian gestures of the terrorists. Also we have more than 200 hostages, some of them are about 78 80, all of those survivors will need medical treatment. They are going to play with the hostages and we know it, and if they think that it will prevent us from going in and destroying hamas, they have a terrible mistake. So do you think this in any way can be interpreted as positive with regards to releasing more hostages . I see it as a manipulation, as an attempt to buy time, and to fool the international community. As long as we have children, babies, innocent civilians kidnapped by hamas terrorists, theres nothing to discuss, and there is nothing that is related to humanitarian thoughts that they have. So qatar egypt mediation, whats your stance on that taking place . Theres a big difference between
And European Council president , charles michel, for the 27th eu us summit at the white house later today. At the summit the eu is expected to try to lessen the impact of the us Inflation Reduction Act and its subsidies for electric vehicles. Theres also expected to be focus on ways to tackle global overcapacity of steel and aluminium and to promote Sustainable Production in a move against chinese steelmakers. Also on the agenda will be the Global Clean Energy economy, secure and resilient supply chains, digital infrastructure, ai and economic resilience. There is a lot for them to discuss. Joining me now from brussels is ian lesser, Vice President and executive director, at the German Marshall Fund of the United States. A warm welcome to the programme. Quite a significant agenda for those three leaders. First off, could you take us through the Inflation Reduction Act . ~. ,. , act . Well, the Inflation Reduction Act . Well, the Inflation Reduction Act act . Well, the Inflation Reducti
On gaza and so clearly, the focus today has been on gaza and the attempt to get a depot on gaza and the attempt to get a depot ih on gaza and the attempt to get a depot in egypt. We on gaza and the attempt to get a depot in egypt on gaza and the attempt to get a depot in egypt. We will talk on that shortl , depot in egypt. We will talk on that shortly. But depot in egypt. We will talk on that shortly, but there depot in egypt. We will talk on that shortly, but there has depot in egypt. We will talk on that shortly, but there has been depot in egypt. We will talk on that l shortly, but there has been renewed fighting on the Northern Border and further exchanges of fire between the israeli and backed hezbollah and Israeli Forces. Hezbollah which is backed by iran. The border skirmishes have raised concerning israel that it could now face a war on two fronts. Our Correspondent Reports on the latest developments from lebanon. Reports on the latest developments from lebanon reports on the l
In the middle east from spreading. Earlier, the Prime Minister spoke to his israeli counterpart in jerusalem, Benjamin Netanyahu, where he stressed that britain would stand by the country as it prepares for a possible Ground Offensive into gaza. For more on that Ground Offensive, dr Ahron Bregman a professor at the Department Of War Studies at Kings College who served with the Israeli Defence force in 1982 as an Artillery Officer in lebanon joins me now. In 1982 as an Artillery Officer thank in 1982 as an Artillery Officer you very much forjoin here thank you very much forjoining us here on bbc news. Letsjust thank you very much forjoining us here on bbc news. Lets just first ask you about your first hand experience, away from being an academic, perhaps, and what people must be thinking, those who are signed up, ready to fight right now, as they wait to hear from Prime Minister Benjamin Netanyahu in israel. Minister Benamin Netanyahu in israel. ,. , minister Benamin Netanyahu in israel