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Etsy buys Depop in $1.6bn gen-Z push; UK to begin trans-Pacific trade bloc talks – business live

US sets and suspends tariffs over digital services tax
More trade news. The US has announced - and immediately suspended - tariffs on certain goods from UK, Italy, Spain, Austria, India and Turkey over their digital services tax.
The tariffs are being imposed after the US concluded that these digital taxes discriminated against US tech companies, were inconsistent with principles of international taxation, and burdened U.S. companies.
These digital services taxes, on the revenues of technology giants, are designed to make firms such as Google and Facebook pay a fairer share of tax where they do business.
United States Trade Representative ....

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GAC Audit Finds Lapses in Compliance at the Liberia Revenue Authority

GAC Audit Finds Lapses in Compliance at the Liberia Revenue Authority
GAC Audit Finds Lapses in Compliance at the Liberia Revenue Authority
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MONROVIA – The joint legislative Public Account Committee (PAC) on Wednesday resumed hearings into audits commissioned by the General Auditing Commission (GAC) with the Liberia Revenue Authority (LRA) appearing first amongst a host of institutions that are expected to appear.
According to Senator Emmanuel Nuquay of Margibi County who chair the PAC, the committee is focused on conducting hearing for audits of heads of institutions who are currently in their position and will later deal with audits involving past officials of Government. ....

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WTO | 2021 News items - DG Okonjo-Iweala hits the ground running

On 5 March, the new Director-General met with the Group of Least Developed Countries as well as the Friends of the System, an alliance of small and mid-sized members from different regions and development levels that are committed to a well-functioning multilateral trading system.
DG Okonjo-Iweala also addressed the first meeting of the Structured Discussions on Trade and Environmental Sustainability, at the invitation of the 53-member group that is exploring ways trade and the WTO can better contribute to achieving environmental goals.
In her discussions with the LDC Group, the Director-General noted that the COVID-19 pandemic had reversed one or even two decades of development progress for many LDCs, and that it continued to disrupt key LDC exports, whether of tourism services, commodities or manufactures. Trade and the WTO had a critical role to play, she said, both in making COVID-19 vaccines more affordable and accessible, and in driving a glob ....

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News Press - L'outil en ligne pour éliminer les obstacles au commerce en Afrique est mis en ligne - CNUCED - Conférence des Nations Unies pour le Commerce et le Développement

News Press - L'outil en ligne pour éliminer les obstacles au commerce en Afrique est mis en ligne - CNUCED - Conférence des Nations Unies pour le Commerce et le Développement
newspress.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newspress.fr Daily Mail and Mail on Sunday newspapers.

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Saudi Arabia increased FDI in 2020 despite pandemic, investment minister says

Ultimately, investors want to trust the government that is looking after them and I believe Saudi Arabia, through our leadership, has shown that.
Mr Al-Falih did not give a direct investment figure for 2020 investment. In 2019, the kingdom increased FDI by 7 per cent to $4.6 billion, according to the United Nations Conference on Trade And Development s 2020 World Investment Report.
Globally, FDI slumped by 42 per cent last year as Covid-19 disrupted economic activity, Unctad said in its Global Investment Trends Monitor earlier this week. The Geneva-based organisation expects disruption to continue this year, forecasting FDI flows to shrink by a further 5 to 10 per cent despite an anticipated global economic recovery. ....

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