On Thursday, in a statement Israel Aerospace Industries (IAI) said, it would jointly develop an advanced drone defence system with the United Arab Emirates’ state-owned weapons maker EDGE. With both countries formalizing relations in 2020, trade, commerce and defense relations have got closer over concerns over common foe Iran. In a statement, Israeli state-owned IAI…
In a significant move, French Finance Minister Bruno Le Maire said, the European Union should press ahead with plans for a digital tax in the bloc. The call comes at a time when the OECD is weighing options which include the rewriting of international tax rules. On Wednesday, G20 finance ministers have lent their support…
France has accused the United States of trying to undermine international negotiations on updating the cross-border taxation regime; Paris has urged the EU to prepare for an EU tax as a fallback option if negotiations fails. Nearly 140 countries are negotiating the first major rewrite of the international tax framework to account for the rise…
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