President signed the legislation championed by late senator Lindsey Graham last month but has waived the restrictions as they were due to come into effect
Maybe “the West” no longer exists. There’s just the US and then there’s Europe, and each of them is doing their own thing.
Apparently the Chancellor wants to reverse a cut to a surcharge that banks pay on their profits, on top of normal corporation tax. The surcharge was 8%, then Jeremy Hunt cut it to 3%, so Healey apparently might set it back to 8%.
[Healey is] believed to be minded to increase the surcharge banks pay on their profits, over and above corporation tax. Industry figures believe that will probably mean raising the surcharge back to 8%, from 3% at present.
Thoughts?
If Europe doesn’t build stuff like this then it will probably just become poorer and less relevant, while the US and China push forward and dominate the world with their technology.
Europe definitely has the talent for advanced technology. It’s probably just a question of having the political will to create the right conditions.
I wouldn’t be surprised if tankies cheer on Marine Le Pen for this policy alone.
In other news, it has been discovered that the Pope is Catholic.
Maybe Putin doesn’t need video of Trump. Maybe Trump’s admiration of dictators like Putin is all Putin needs to get Trump to do the Kremlin’s bidding.