News 

Tax Day irks hotel owners vexed by Airbnb’s ‘back-room’ deals

“Still, the firm has successful tax partnerships with 400 local governments around the world and 42 U.S. states — including Alabama, Colorado, and South Carolina — as well as the District of Columbia” writes Bebeto Matthews Associated for washingtonexaminer.com. “One thing that hasn’t changed: hotels have taken billions in subsidies to pad their profits and continue to demand billions in tax breaks from governments across the country.”. There’s no accountability.” While Airbnb says the agreements address previous criticisms that it’s not paying its fair share of sales and other taxes,…

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Markets News 

As President Trump seeks to lower drug prices, he should consider introducing an export price floor on foreign drug sales.

“As President Trump seeks to lower drug prices, he should consider introducing an export price floor on foreign drug sales” writes Istock Photo for washingtonexaminer.com. That’s because the vast majority of foreign export sales by U.S. drug companies are made not to individual insurance companies as in the U.S., but rather to foreign governments.At present, foreign governments know U.S. drug companies will budge at the margin to get market access.The Wall Street Journal encapsulated this reality in a 2015 report contrasting prices paid by Medicare here at home and foreign…

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U.S., U.K. warn of Russia cyberattacks on companies, governments

“The U.S .and the U.K. issued a vague but ominous joint statement Monday charging that Russia had in recent days ramped up its cyberattacks on American and British companies and government operations” writes Bob Fredericks for marketwatch.com. The statement also warned about attacks on routers, the devices that channel data around a network. “Russian state-sponsored actors are using compromised routers to conduct spoofing ‘man-in-the-middle’ attacks to support espionage, extract intellectual property, maintain persistent access to victim networks and potentially lay a foundation for future offensive operations,” according to a joint…

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GBP News 

USA, UK charge Russian-backed hackers of global espionage campaign…

“(Reuters) – The United States and Britain on Monday alleged that Russian government-backed hackers had infected computer routers around the world in a cyber espionage campaign that targeted government agencies, businesses and critical infrastructure operators” writes Jim Finkle for reuters.com. U.S. and British officials said the infected routers could be used to launch future offensive cyber operations. “They could be pre-positioning for use in times of tension,” said Ciaran Martin, chief executive of the British government’s National Cyber Security Centre cyber defense agency, who added that “millions of machines” were…

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GBP News 

Read the full legal case for the British government’s strikes in Syria

“Here is the full text of the Government’s document setting out why it said taking military action in Syria was legal: 1” writes Con Coughlin for telegraph.co.uk. This is the Government’s position on the legality of UK military action to alleviate the extreme humanitarian suffering of the Syrian people by degrading the Syrian regime’s chemical weapons capability and deterring their further use, following the chemical weapons attack in Douma on 7 April, 2018. 2. Source: telegraph.co.uk Share This:

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GBP News 

Michel Barnier demands Britain signs Brexit ‘non-regression clause’

“Signing up to the clause would convince the EU-27 governments to support a future trade deal by reassuring them that Britain would not undercut EU standards on tax, health and the environment to poach investments, said Mr Barnier” writes David Campbell Bannerman for telegraph.co.uk. The clause would be part of the political declaration setting the framework of the future UK-EU relationship, which will be finalised alongside the divorce agreement in October. If Britain does not agree to the clause, which would tie the hands of future governments to set their…

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Here’s what China has going for it in a trade war – and what it doesn’t

“So while President Donald Trump seems confused about whether we’re in the trade war he started, Wall Street is not” writes Finanzen Net Gmbh for businessinsider.com. In a trade war, that can be an advantage, as it means the government can pull out all the stops.This trade war is coming at a time when the Chinese economy is looking pretty stable.So long-term, the Chinese economy is not as stable as the US economy. Source: businessinsider.com Share This:

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Pressure builds for ban as governments meet

“A group of non-aligned states, led by Venezuela, is calling for the negotiation of a new international law to regulate or ban killer robots” writes John Naughton for theguardian.com. Also known as killer robots, these AI-powered ships, tanks, planes and guns could fight the wars of the future without any human intervention.Fully autonomous weapons do not yet exist, but high-ranking military officials have said the use of robots will be widespread in warfare in a matter of years. Source: theguardian.com Share This:

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Theresa May makes Scandinavia trip amid row with Russia over Salisbury attack

“Theresa May will hold talks with her Danish and Swedish counterparts on Monday regarding the ongoing threat Russia poses to international security in the wake of the Salisbury nerve agent attack” writes Marina Hyde for theguardian.com. Their testimony could be crucial in establishing the credibility of the government’s claim that it was “highly likely” Russia was responsible for the attack against them.Angela Rayner, the shadow education secretary, said: “Boris Johnson is the government’s useful idiot because what he’s done is create a situation where he has contradicted the evidence and…

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