Skip to main content

Featured

Ottawa Backs Down on Digital Tax Dispute Amid Pressure from Trump White House

Canada has reportedly agreed to delay its planned digital services tax (DST) following pressure from former U.S. President Donald Trump’s administration, according to a recent statement from the White House. The tax, which was originally slated to target tech giants like Amazon, Meta, and Google, had been a major sticking point in U.S.-Canada trade discussions. The White House claimed Canada “caved” to U.S. demands after months of negotiations, with Trump’s team arguing the tax unfairly targeted American firms. The Canadian government, however, framed the delay as a strategic move to preserve economic stability and avoid retaliatory tariffs. Critics within Canada argue that the government’s decision reflects a growing trend of yielding to U.S. economic influence, while others say the delay is pragmatic given ongoing global talks about a coordinated approach to taxing digital revenues. The issue remains contentious, and observers are watching closely to see whether Canada will revive th...
Post a Comment
Read more

article

Labels

Historic Arrest Warrant Issued for South Korean President Amid Political Turmoil


In a historic move, a South Korean court has issued warrants to detain impeached President Yoon Suk-yeol and search his office. This unprecedented decision follows Yoon's controversial declaration of martial law earlier this month, which has plunged the nation into its most significant political crisis in decades.

The Seoul Western District Court approved the warrants after the Joint Investigation Headquarters requested them, citing allegations of insurrection and abuse of power against Yoon. Yoon, who has been suspended from his duties since December 14 following a National Assembly vote for his impeachment, faces possible life imprisonment or the death penalty if convicted.

Yoon's brief imposition of martial law on December 3 led to widespread political turmoil, halting high-level diplomacy and rattling financial markets. Despite repeated requests by investigative authorities, Yoon has refused to appear for questioning or allow searches of his office.

The court's decision marks the first time South Korean authorities have sought to detain a sitting president. The anti-corruption agency investigating Yoon's actions has no immediate plans on how to proceed with the court-issued warrants, given the potential for clashes with the presidential security service.



Labels:

Comments

Post a Comment