luxembourg's tax breaks for amazon were not illegal that's the decision of the e.u. is general court according to the verdict amazon had not received an unfair competitive advantage in a big win for the online retailer at the court and old a previous decision by the european commission which had ordered amazon to pay 250000000 euros in back taxes our correspondent charles he really has more today's court ruling is a major setback for the e.u. which has emerged as one of the most aggressive regulators of the attack and this isn't the 1st time the e.u. has lost a case in trying to force some of these particularly big american tech giants to pay more taxes here in europe the e.u. also was overruled by the general court in trying to claw back about 13000000000 euros worth of taxes from apple i think this will raise questions about the e.u. strategy in trying to combat some of these clever tax avoidance schemes that are used among a lot of large multinationals but what it also will do is likely add more pressure on global leaders to come up with an international tax syste

court says luxembourg. tax breaks for amazon are not illegal and a meter victory for the online retail giant. this is the business i'm to now the milan in berlin german chancellor angela merkel's cabinet has approved an updated climate law that would see the car the country reach carbon neutrality sooner and tighten emissions targets for many sectors over the next decade the plan requires europe's largest economy to cut carbon emissions 65 percent by 2030 not 0 by no longer by no later than 2045 there were a comes after germany's highest court demand berlin provide specific emissions targets and to show it wasn't the bulk of emissions cuts on future generations. and my colleague stephen beardsley joins us now see even these targets are expected to cost the german economy $12000000000.00 euros how would you rate that as an investment well i would say considering the ultimate amount of money that they probably would have to spend $12000000000.00 isn't that much is on top of a massive amount of money they're g

-- aid in luxembourg.mmanuel mccrone has urged the international monetary fund to renegotiate $45 billion worth of debt owed by argentino. president alberto fernandez is trying to draw international support from european leaders and try to get breathing room for an economy deep in procession. >>a working lunch at the presidential residence in paris. on the menu, the question of the south american nations long-running debt. why does aris is seeking to push back and reese -- windows aris is -- buenos aires is seeking to push back and refinance debt from the imf. >>[speaking french]. >>[speaking spanish]. >>the argentine president was not just in paris, he made the visit as part of a diplomatic tour across europe. alberto fernandez picked up support in portugal and spain for his initiative ahead of negotiations with the imf. the stakes are norma's. over the next three years, argentina is due to pay back almost all of the $45 billion it borrowed in the face of crushing economic woes under the previous governme

amazon not paying any tax around the world but the latest sets of fake is that we found that in luxembourg would astounding i mean we're talking months of record loss in europe of $1200000000.00 euros not only are they not paying taxes they are building task credits to use in the future this year they built a 1000000 euros of tax credits last year it was 2 $190000000.00 euros it actually now got over $2000000000.00 of target all glossies to use in the future what that means is if at some point in the future they do decide to declare a profit on which tax will be required that they still have to pay tax because they've got all these carry it forward losses to utilize. what are the things you want from the apples that account isn't say as well that's a retail business it's a long margie. what we've got to remember gas m is it is the largest retailer in the world it's also the largest provider of cloud computing services in the world which is why it march in business politics percent margins easily so. i couldn't answer the question directly how they block losses year after year after year bu

then we went on to luxembourg, spent the night with in luxembourg.efore we did, general grow took me and we went over to pardons, had dinner, and general than fleet was there, maybe gay was there but not coffee, because kathy had taken over the fourth armored division. i we had a lot of joking laughing, and the generals had other cigars and whiskey and we stood around waiting, or we sat around and case they needed something or to take notes. the date was february the 2nd. i would happen on february the 1st as i recall from subsequent history is on the 1st of february, i'd had gone to 12th army headquarters and was told third army would go on the defensive again in contemplation of the offensive by montgomery to the north i. of course, everything had to stop when general montgomery was going to make an offensive i guess, to be sure he got all he needed. but on the second we did go to the third army, met with millican i, then went to third army headquarters. i was correct gay was there but coffee was not. i i sat there like a statue. smoke to almost mi

general court just overruled a decision by the commission that amazon needs to pay back tax and luxembourg. the general court said no, they don't. so the legal status seems to be quite strong here. yeah, this is like the separate issue though that's about the state a large this, it was quite an individual case there. it has less to do with the kind of global tax rules that actually govern how much tax companies pay in different countries. and i think that's where the problem is that we have a global tech system which was designed for very different kind of economy. and now obviously with the growth in the digital economy reforms needed. and in fact, the city has tried and are trying to come up with proposals for how to better tax the digital economy. unfortunately, it looks as if these outcomes, which are to, to be announced shortly are going to be quite underwhelming. there are some post movements on a potential minimum corporate tax rates for corporate income tax that needs to be above 25 percent according to us and not the lower figures that have been discussed previously. and that refo

staying in europe luxembourg's tax breaks for amazon were not illegal that's a decision of the e.u. as a general court according to the verdict amazon had not received an unfair competitive advantage in a big win for the online retailer the court annoyed by a pre by a previous decision by the european commission which had ordered amazon to pay 250000000 euros in back taxes our correspondent chelsea believing has more. today's court ruling is a major setback for the e.u. which has emerged as one of the most aggressive regulators of tack and this isn't the 1st time the e.u. has lost a case in trying to force some of these particularly big american tech giants to pay more taxes here in europe the e.u. also was overruled by the general court in trying to claw back about 13000000000 euros worth of taxes from apple i think this will raise questions about the e.u. strategy in trying to combat some of these clever tax avoidance schemes that are used among a lot of large multinationals but what it also will do is likely add more pressure on global leaders to come up with an international tax

online sales to all of that income is declared via amazon's edu parent subsidiary which is based in luxembourg and here's a thing that subsidiary made a loss on paper so amazon paid no corporate tax whatsoever on the billions that it earned through that story was researched by the fair tax foundation i'm joined now by its chief executive paul thought to have paul it's good to have you on the program and maybe you can help us understand here we're talking about millions billions in turn over yet zilch in corporate taxes paid by amazon how does that work and how is that legal. i'm smiling by shouldn't me really. think we're all used to seeing stories of animals and not pain and attacks around the world but the latest set of fate is that we found that in luxembourg we're standing i mean we're talking a mass of red collared loss in europe of $1200000000.00 euros not only are they not paying taxes they are building task credits to use in the future this year they've built a 1000000 euros of tax credits last year it was 290000000 euros they've actually now got over 2000000000 of how tall glossies to

. >> it is a moment of remembrance here at the luxembourg gardens. it comes at a particular time, not just with the rise of movements around the world. it is the 20th anniversary of the passage into law on a bill that recognized slavery as a crime against humanity. it's all elements subscribed in the national curriculum that would ensure such memories and moments would not be forgotten. with students at the ceremony, reading poetry, often powerful on the subject. our former prime minister heads one of the associations of the remembrance of slavery and he told us it was more important than ever that such memory was able to continue. it is such memories that affect the outlook of people when it comes to influences such as racism. as debate remains over the issue of reparations, the system is not yet in place to cope with legal and genealogical headaches with 4 million people thought to have been victims from the 17th century onwards of slavery in the french colonies. a former justice minister and the person who authored the law 20 years ago, she has be

lukashenko if we manage this anything we will by june 21 when we have a foreign minister meeting in luxembourgst important thing. >> belarus's president denies western allegations of piracy and accuses what he calls the ill wishes of waging a hybrid war against his country. on friday, he travels to russia with -- for a meeting with his main supporter, vladimir putin. russia has started refusing landing permission to european planes avoiding belarus airspace, sign moscow wants to push back against what it sees as a shared threat. for belarus, russia and the west, economic cost standoff are increasing. al jazeera. barbara: tens of thousands of people are fleeing the city of goma in the democratic republic of congo after warnings a volcano corrupt the second time. the mountain in congo erupted sunday, sending lava flowing toward the city, hundreds of homes destroyed. dozens of people were killed, many more are still missing. we have more. reporter: less than a week after the mountain, one of the world's most active volcanoes, killed dozens and destroyed entire villages, the government ordered a m

it's traditional another comes from luxembourg we hear. there increasing signs that animals being sold here originate in the e.u. . most of the trade is in young calves and sheep. on the next day we travel to a place near mara cash it's the site of one of the region's biggest cattle markets . traders bring their animals on open trucks 1st we only see cattle from the surrounding area. but then we discover european couse. this animal is from france. it has several your tax someone has tried to cover up its country of origin. and in the middle of it all seems like this cow is being milked in filthy conditions. right next to the grounds of the opportunity. animals that have changed hands are brought here for slaughter. for filming with concealed camera. the florist covered with blood hanging from the ceiling one slaughtered carcass after the next. year by more animals are being slaughtered other still fully conscious it's an open area anyone can come in. a short while later we make a discovery that your tag shows this is a high producing house

it's hard to get somebody another comes from luxembourg we hear. there are increasing signs that animals being sold here originate in the e.u. . most of the traders and young calves and sheep. on the next day we travel to a place near mara cash it's the site of one of the region's biggest cattle markets . traders bring their animals on open trucks 1st we only see cattle from the surrounding area. but then we discover european couse. this animal is from france. it has several your tags someone has tried to cover up its country of origin. and in the middle of it all seems like this cow is being milked in filthy conditions. right next to the grounds of the. animals that have changed hands are brought here for slaughter. for filming with concealed camera. the florist covered with blood hanging from the ceiling one slaughtered carcass after the next. year by more animals are being slaughtered while they're still fully conscious it's an open area anyone can come in. a short while later we make a discovery the tag shows this is a high producing house from

say 3 quarters of the company's profits have gone untaxed through its european headquarters in luxembourg. in the paul authorities have extended a lockdown in and around the capital katmandu until the end of may the number of covert 1000 cases is skyrocketing there prompting concerns that it's headed for a crisis like that in next door india. india's deadly 2nd wave has spread to neighboring nepal. in katmandu health care workers and authorities are struggling to contain a massive surge of co 1000 cases in the last 3 weeks the poles daily trajectory has shot up with 2 out of every 5 people tested now returning positive for the virus with hospitals filling to capacity with co 1000 patients the country's health system has been overwhelmed by the spike patients are scrambling to find hospital beds and oxygen for loved ones. fuse coming true as a nice surges of infections pushing the system to the brink of collapse. hospitals are. threats to towns and communities near the border with india unable to be. unable to handle their increasing number of people who need treatment. the threat from cov

following that there are friendlies against the netherlands and portugal and away to luxembourg beforeo hampden they come for their opening euro is a match against the czech republic onjune the 1ath. that is steve clarke's 26. illness or injury will allow changes before their first match against the czech republic on during the 1a. let's get more from pat nevin, who also played in the euro 92. a whole new generation of players going into theirfirst major generation of players going into their first major tournament. are you excited by that squad? i their first major tournament. are you excited by that squad?- their first major tournament. are you excited by that squad? i am, i think stephen _ you excited by that squad? i am, i think stephen clarke _ you excited by that squad? i am, i think stephen clarke has - you excited by that squad? i am, i think stephen clarke has done - you excited by that squad? i am, i think stephen clarke has done anl think stephen clarke has done an amazing job so far even to get scotland there. it has been generations since we got to a major tournament, so i

says they were owed because because amazon had been avoiding taxes in luxembourg where they set up their european headquarters. amazon had appealed this case and today the general court the 2nd highest court and the e.u. says that they agree with amazon and that they that amazon doesn't have to pay this 250000000 euros amazon who has of course emerged as really the poster child of. clever tax arrangements to avoid taxation and last year here in europe amazon earned a record amount of money and paid no corporate taxes big internationals not paying taxes in europe of course has been an issue for quite some time so what implications are there for other big national international companies and their obligations to the e.u. . why thing for the e.u. specifically for antitrust regulators and here in the e.u. this is a major setback it's not just the amazon tax case that they've lost they also lost recently a $13000000000.00 euro tax case against apple for similar tax avoidance implications so i think what this does is that it's going to put more pressure on global leaders to come up with this i

when we have a foreign ministers meeting in luxembourg, and that is the most important thing just to be some transfers in. yes, and we are starting and so, but you got a reason president denies the west and allegations of piracy. and the keys is what he calls the ill wishes of waiting a high brig war against his country. on friday, he travels to russia for a meeting with his main financial and political support. let me putin. russia has started to refuse, landing permissions, the european plains, avoiding better russian ass base, its assign moscow wants to push back against what it sees as a shared threat. the better ruth, russia and the west, the economic costs of this stand off or increasing will reach helen's out his era. the us next year said anthony, blinking has criticized china off to hong kong legislature. approve the biggest overall of the territory political system. and now gives paging more authority in elections that by reducing the proportion of politicians who had chosen by voters, the majority of the electorate will now be selected by china, which assesses if candidate

general court just overruled a decision by the you commission that amazon needs to pay back tax luxembourg. the general court said no, they don't. so the legal status seems to be quite strong here. yeah, this is like the separate issue though that's about the state a large this was quite a, an individual case there. it has less to do with the kind of global tax rules that actually govern how much tax companies paying different countries. and i think that's what the problem is that we have a global tax system which was designed for very different kind of economy. and now obviously with the growth in the digital economy reforms needed. and in fact, the city has tried and are trying to come up with proposals for how to better tax the digital economy. unfortunately, looks as if these outcomes, which are to, to be announced shortly are going to be quite underwhelming. there are some post movements on a potential minimum corporate tax rates for corporate income tax that needs to be above 25 percent according to us and not the lower figures that have been discussed previously. and that reform doe

assume that we will, if managed this by june, the 21st, when we have a foreign ministers meeting in luxembourg, and that is the most important thing to transfer you. yes. and we are stuck in so, but you met a recent president denies the western allegations of piracy, and the keys is what he calls the ill wishes of waiting a high britain war against his country. he's on friday, he travels to russia for a meeting with his main financial and political support. let me put him on. russia has started to refuse, landing permissions for european plains, avoiding better russian ass base. it's assign, moscow wants to push back against what it sees as a shared threat. the batteries, russia, and the west, the economic costs of this stand off or increasing will reach helen's how to 0. the global kovacs facility needs $2000000000.00 by june to secure vaccine supplies for the rest of 2021 and early 2020 to the scheme to provide vaccines to poor nations is also facing a shortfall of at least a 119000000 doses of cooper at 1900 vaccines by the end of june because of the virus surgeon india. meanwhile, russia h

online sales to all of that income is declared via amazon's edu parent subsidiary which is based in luxembourg and here's a thing that subsidiary made a loss on paper so amazon paid no corporate tax whatsoever on the billions that it earned through that story was researched by the fair tax foundation i'm joined now by its chief executive paul flown am paul it's good to have you on the program and maybe you can help us understand here we're talking about millions billions in turn over yet zilch in corporate taxes paid by amazon how does that work and how is that legal. i'm smiling barr shouldn't me really. think we're all used to seeing stories of amazon not paying any taps around for the latest sets of fake is that we found out that in looks of the astounding i mean we're talking muscle loss in europe of $1200000000.00 euros not only are they not paying taxes they are building task credits to use in the future this year they built sort of $18000000.00 euros of tax credits last year it was 200 $90000000.00 euros it actually now got over $2000000000.00 of all glossies to use in the future what t

say 3 quarters of the company's profits have gone untaxed through its european headquarters in luxembourg. in football had to have continued their climb away from relegation in the bundesliga after beating shaka on wednesday evening had to do it the hard way too after shock a took an early lead thanks to a strike and 6 minutes from. the berlin fight back started before half time brick levelled the scores with a close range header. that before jessica and scored the winner which means hansa are all but assured of staying in german football's top flight next season. dortmund coach. will wait until the last minute to decide whether to play star striker in thursday's german cup final against say the norwegian is central to dortmund hopes of victory in a game where both coaches are seeking their 1st major silverware. as the al was ticked down to keep focused on german football's grandest state has he's 30 bytes so too does the question lou will it holland ocular believe the game's brightest stuff b. day to take pot. yeah stunts handsome as my it's a tail and was on the pitch yesterday after al

luxembourg introduced free public travel last year for everybody, which is something almost unimaginable a very different view of climate change, global warming from mr trump, from donald trump, but how easy is it going to be getting stuff through congress? well, nothing is easy for him. he's got a split congress and i he's going to have to be lucky. and if he tried to, for instance, - impose a carbon tax, we would see a lot of difficulty. - i think, though, the - interesting thing is how much the ground is changing - in renewables in particular. the technology is really, really advancing quickly. j biden this week and drove an electric ford f150 - pick—up truck. this is not a car for harvardl professors who eat granola. this is a pick—up truck for red| state people who herd cattle, and he said "this sucker moves fast1'— it's actually going to be - perhaps the first mass—market electric vehicle that's - going to be a success in places outside the coasts. and it's cheap, relatively, - and this is the way that energy efficiency is going to happen. people don't mind more efficient buildings

the 21st, when we have a foreign ministers meeting in luxembourg. and that is the most important thing just to be some transfers in. yes, and we are starting and so, but you got a reason president denies the western allegations of piracy, and the keys is what he calls the ill wishes of waiting a high britain war against his country. he's on friday, he travels to russia for a meeting with his main financial and political support. let me putin. russia has started to refuse, landing permissions for european plains, avoiding better russia, asked bass. it's a sign moscow wants to push back against what it sees as a shad threats the batteries, russia and the west. the economic costs of this stand off or increasing will reach helen's. how does era? tens of thousands of people are fleeing the city of go mind the democrats, republic of congo. after warnings of volcano cooter could erupt for the 2nd time. mountaineer gone good. wrapped it on saturday, sending rivers of lava flowing towards the city, with hundreds of homes destroyed. dozens of people were kill

when we have a foreign ministers meeting in luxembourg, and that is the most important thing just to be some on the 22nd. yes, and we are starting and so, but you got a reason president denies the west and allegations of piracy. and the keys is what he calls the ill wishes of waiting a hybrid war against his country. on friday, he travels to russia for a meeting with his main financial and political support. let me putin. russia has started to refuse landing permissions, the european plains, avoiding better russia, asked bass. it's a sign moscow wants to push back against what it sees as a shad threats the better. ruth, russia and the west, the economic costs of this stand off or increasing will reach helen's out his era. greenpeace says illegal. gold mining is slowly destroying brazil's largest reserve indigenous people. the environmental organization has released ariel 1st laying bad the scale of the damage in northern brazil. yano. mommy was the activists believe as many as 20000 prospectors operating that illegal mining has increased unchecked on the president. valuables in our i

luxembourg introduced free public travel last year for everybody, which is something almost unimaginable a very different view of climate change, global warming from mr trump, but how easy is it going to be getting stuff through congress? well, nothing is easy for him. he's got to split congress and he's going to have to be lucky. - i think if he tried to impose a carbon— i think if he tried to impose a carbon tax. _ i think if he tried to impose a carbon tax, we _ i think if he tried to impose a carbon tax, we would - i think if he tried to impose a carbon tax, we would sit - i think if he tried to impose a carbon tax, we would sit a i i think if he tried to impose a | carbon tax, we would sit a lot i think if he tried to impose a i carbon tax, we would sit a lot of difficulty — ithink, though, the interesting thing is how much the ground i is changing and renewables in particular. _ the technology is really, really advancing quickly. j biden this week and drove an - electric ford f150 pick—up truck. this is not a car for| harvard professors. this is a pick—up truck- for people who herd

you've parent subsidiary, which is based in luxembourg. and here's the thing that subsidiary made a loss on paper, so amazon paid no corporate tax whatsoever on the billions that it earned. and that story was researched by the fair tax foundation. i'm joined now by its chief executive paul lawn. and paul, it's good to have you on the program, and maybe you can help us understand. here we're talking about millions, billions and turnover. yet zilch in corporate tax is paid by amazon. how does that work? and how is that legal? i'm smiling by shouldn't be really and what i think what all use to see in stories of amazon, not pain any tasks around the world. but the length is set to take is that we found, posted in last sunday. but astounding. i mean, we're talking about record loss in europe, a 1200000000 euros. not only are they not paying tax, they are building tax credits using the future. this year they bill so $50000000.00 euros a tax credit. last year it was $290000000.00 euros fee, now got over $2000000000.00 of coverage for losses to us

when we have a foreign ministers meeting in luxembourg, and that is the most important thing just to be on a 20. yes, and we are starting so much better is president denies the west and allegations of piracy. and the keys is what he calls the ill wishes of waiting a hybrid war against his country. on friday, he travels to russia for a meeting with his main financial and political support. you may putin, russia has started to refuse, landing permissions for european plains, avoiding better russian ass base. it's assign. moscow wants to push back against what it sees as a shared threat. better. ruth, russia and the west. the economic costs of this stand off or increasing will reach helen's out. his era, syrian president, bashar al assad has as widely expected been re elected for a full 7 year term. crowds of his borders have been celebrated in damascus, said to one just over 95 percent of the vote. places parent rival took about 3 percent. people could only cost ballots in government control. there is and western capital to describe it as a shot to rival leaders in somalia say they've

also good from another comes from luxembourg we hear. her increasing signs that the animals being sold here originate me you. know most of the trade is in young calves and sheep. on the next day we travel to a place near america. it's the site of one of the region's biggest cattle markets. traders bring their animals on open trucks 1st we only see cattle from the surrounding area. then we discover european cows. this animal is from france. it has several your tax. someone has tried to cover up its country of origin. and in the middle of it all seems like this cow is being milked in filthy conditions. right next to the grounds of the opposite. animals that a change hands are brought here for slaughter. we're filming with concealed camera . the florist covered with blood hanging from the ceiling one slaughtered carcass after the next. nearby more animals are being slaughtered while they're still fully conscious it's an open area anyone can come in. a short while later we make a discovery the tag shows this is a high producing house from ge

that's what's going to determine another comes from luxembourg we hear. her increasing signs that animals being sold here originate miyu. example most of the traders and young calves and sheep. on the next day we travel to a place near. it's the site of one of the region's biggest cattle markets. traders bring their animals on open trucks 1st we only see cattle from the surrounding area. but then we discover european cows. this animal is from france. that has several your tax. someone has tried to cover up its country of origin. and in the middle of it all seems like this cow is being milked in filthy conditions. right next to the grounds of the upper to our animals that have changed hands are brought here for slaughter. we're filming with concealed camera. the florist covered with blood hanging from the ceiling one slaughtered carcass after the next. nearby more animals are being slaughtered while they're still fully conscious it's an open area anyone can come in. a short while later we make a discovery the tag shows this is a high producing house from g

well funded from another comes from luxembourg we hear. their increasing signs that animals being sold here originate me you know all. the trouble most of the trade is in young caps and sheep. killing. on the next day we travel to a place near mara cash it's the site of one of the region's biggest cattle markets . traders bring their animals on open trucks 1st we only see cattle from the surrounding area. but then we discover european couse. this animal is from france. it has several your tax someone has tried to cover up its country of origin. and in the middle of it all seems like this cow is being milked in filthy conditions. right next to the grounds of the other 2 are animals that have changed hands are brought here for slaughter. for filming with concealed camera. the florist covered with blood hanging from the ceiling one slaughtered carcass after the next. year by more animals are being slaughtered while they're still fully conscious it's an open area anyone can come in. a short while later we make a discovery the tag shows this is

online sales to all of that income is declared via amazon's parent subsidiary which is based in luxembourg and here's the thing that subsidiary made a loss on paper so amazon paid no corporate tax whatsoever on the billions that it heard and that story was research. by the fair tax foundation i'm joined now by its chief executive paul monaghan paul it's good to have you on the program and maybe you can help us understand here we're talking about millions billions in turnover yet zilch in corporate taxes paid by amazon how does that work and how is that legal i'm smiling boss shouldn't me really. think we're all used to seeing stories about amazon not paying any tax around the latest sets of fake is that we found that in looks of the down thing i mean we're talking muscle loss in europe of one point $2000000000.00 euros not only are they not paying taxes they are building tax credits to use in the future vitiated they built a 1000000 euros at tax credits last year it was $290000000.00 euros if actually now go over $2000000000.00 of how did it fall to last cease to use in the future what tha

say 3 quarters of the company's profits have gone untaxed through its european headquarters in luxembourg . in a paul authorities have extended a lockdown in and around the capital katmandu until the end of may the number of covert $1000.00 cases is skyrocketing in that country prompting concerns now that it's had it for a crisis like the one in neighboring india. india's deadly 2nd wave has spread to neighboring nepal. in katmandu health care workers and authorities are struggling to contain a massive surge of co 1000 cases. in the last 3 weeks the pulse daily trajectory has shot up with 2 out of every 5 people tested now returning positive for the virus with hospitals filling to capacity with covered 1000 patients the country's health system has been overwhelmed by the spike patients are scrambling to find hospital beds and oxygen for loved ones. shoot as nice. as a few saxon's. to the brink of collapse. hospitals are. communities near to. are only able to handle. number of people who need treatment. the threat from cover 19 is even reached the world's highest peak as china announced on

their ancestors could be from italy, luxembourg, finland or spain. they could be members of the british royal family, penniless romanian immigrants living in a box on michigan avenue. it doesn't matter to her. to her all that matters is the fact they are white because all white people are the same. they are entirely defined by the color of their skin. you can see how this makes life a little easier for lori lightfoot. she knows who to hate just by looking at them. if some day the chicago police round up the entire population of the city lori lightfoot would have no trouble pulling the right ones out of line for punishment. in case you're wondering, yes, that was a nazi reference. lightfoot is a monster. any society that allows politicians to talk like this has a very ugly future ahead. very ugly. but of course, no one said much at all about what lori lightfoot said in her manifesto. in chicago they could no longer pure their jobs, offered only tepid complaints. >> they are only talking to black journalists. it doesn't even sound real so i reached out

reception from the big companies has been very positive, but for a country like ireland, the dutch, luxembourgthis could be very problematic and puts them in a very uncomfortable position because we do have the germans saying we want to go ahead with this, and the u.s. saying we want to do it, so they don't have a lot of leverage do not do it. that completely changes the alignment of taxation in europe and could really change the competitive advantage they've had for decades now. alix: maria, thanks a lot. coming up, we are going to have more on the european recovery with lena komileva, g plus economists chief economist. portugal updating its forecast because of travel restrictions being lifted. this is bloomberg. ♪ this is bloomberg. ♪ >> for the first time since the beginning of the pandemic, the general message that we have heard today is one of optimism. we foresee a very strong recovery and very strong growth in the second part of the year, continuing also into 2022. >> we are very optimistic. [indiscernible] but now the vaccination program is working very well. we are opening up already

the eu general court ruled today that amazon did not get special treatment from luxembourg's tax authoritiesear, they successfully challenged a record tax order. that is your business flash. guy: not a particularly good time of things at the moment, vestige or -- moment, vestager. but you basically don't want to have to fight these kinds of cases. i think that is the narrative that is evolving here in europe. potentially the biggest threat to amazon could come from your side of the pond. i think there is a subcommittee vote today that could get voted in a little later on, but some of the recent writings she has been putting out on twitter are not particularly amazon positive. alix: that is the problem i think for overall tech, when you wind up adding in the market selloff we have seen, particularly in the faang names. it is not only the taxes, but of course the antitrust issue. it is not necessarily retroactive, but how they continue to grow from here comes the question if they go after third-party issues are yet obviously, that is a big problem. guy: this week has been a conflagration of fa

staying in europe luxembourg's tax breaks for amazon were not illegal that's a decision of the e.u. is a general court according to the verdict amazon had not received an unfair competitive advantage in a big win for the online retailer the court annoyed by a pre by a previous decision by the european commission which had ordered amazon to pay 250000000 euros in back taxes our correspondent chelsea believing has more. today's court ruling is a major setback for the e.u. which has emerged as one of the most aggressive regulators of the attack and this isn't the 1st time the e.u. has lost a case in trying to force some of these particularly big american tech giants to pay more taxes here in europe the e.u. also was overruled by the general court in trying to claw back about 13000000000 euros worth of taxes from apple i think this will raise questions about the e.u. strategy in trying to combat some of these clever tax avoidance schemes that are used among a lot of large multinationals but what it also will do is likely add more pressure on global leaders to come up with an internation

there was a gap that opened in the frontline, 25 or 30 miles north between there and luxembourg city. there were no troops to put their. the germans -- to put there. the germans would realize there was a gap and they will reorganize and they will attack and get behind patton. the ghost army was in paris and orders came down at 11:00 in the morning and by 4:00 they were on the road. by the next day, they were a mile away from the frontline, setting up and pretending to be the sixth armor division. so you have 1100 guys pretending to be 15,000 people with tanks and heavy equipment and covering a 25 mile portion of the front with a few regular army troops. the thought was, we will do this for two or three days to hold the gap and then move a real division in. there was not a division that could get there in time. so they held this for eight days . as time went on, germans were moving towards them and positioning across the river from them. they were getting german infiltration into their lines every day. they were worried this will be the day the germans figured out. but they held on for

well this that's absolutely right the the comment from my believe the luxembourg foreign minister that the hour of europe has come to intercede in this in the in the balkan civil wars, but was an utter failure. when the europeans tried to conduct diplomacy it led nowhere and partly because melosovich only feared the united states what he was really worried about was the the overwhelming firepower that the us could bring to bear at some point and it dragged on for years and bill clinton was reluctant to get embroiled in the balkan conflict as well. and it finally reached a point in 1995. i believe when tony blair said to clinton. you've got to intervene we've got to send a message a tough message to melosovich and if we don't we could be witnessing the collapse of the western alliance and of nato and it was only then that clinton woke up to the fact that it was necessary to use force. he was very concerned about getting involved in this conflict because he has approval ratings were down in the 40% mark but when he took this difficult decision he was surprised and as aids were related to

it accuses luxembourg of an illegal deal to pay less tax than others.ts appeal over a back tax deal to ireland so, looks like they won't be getting that extra tax money, brian. >> the tax fight, not just here, but all across the world is going to be maybe one of the corporate stories to watch in the next couple of years bertha coombs, thank you very much, bertha talk to you soon >>> all right. now, back to this morning's development and top story, that is, the continued shutdown of the colonial pipelines now, it is causing shortages of gasoline, or at least the perception of gasoline shortages in some areas which is causing some panicked buying people not only racing to fill up their gas tanks, but racing to fill up gas cans. the reporters of four or five-hour long lines in parts of the south. so what exactly is the real situation with gas supplies? well, david alexander is president of j.t. alexander and son, a north carolina-based fuel distributor. been around since 1930s. the heart of nascar country. they are used to filling up gas tanks quickly. dav

these large corporations that are shifting income to luxembourg and bermuda, these very complex tactics. it puts the government on somewhat equal footing with the wealthy and corporate taxpayers. and also, improve irs technology, which i think will improve tax enforcement and raise revenue, but also will improve service for ordinary taxpayers a great deal. hodge: most of the largest companies in the united states are audited every year or at least every other year end at some companies, irs agents are on-site. in fact, this companies have to provide office space the irs auditors because the audits are ongoing. that is just a natural function of paying taxes as a large multinational. and there are many checks on the system. for instance, the joint to be on taxation in congress has to approve or at least review any tax refunds larger than $5 million. people complain about these companies getting all these refunds. well, congress has a check on that. they actually look to make sure they are done properly. one thing i will point out, we are asking the irs to do too much. because of all of t

when we have a foreign ministers meeting in luxembourg, and that is the most important thing. just be some i'm 20. yes, and we are stuck in so much better is as president denies the west and allegations of piracy and a keys is what he calls the ill wishes of waiting a hybrid war against his country. on friday, he travels to russia for a meeting with his main financial and political support. so let me put him on. russia has started to refuse, landing permissions for european plains, avoiding better russian ass base. its assign moscow wants to push back against what it sees as a shared threat. better. ruth, russia and the west, the economic costs of this stand off or increasing will reach helen's. how does era support is next to now? just sarah israel mentor, it stopped their search for a new coach after parting ways with club legend then ah ah ah ah ah, the me ah ah, now ceremony is being held to mark the official start of a unique building project in berlin, costing almost $60000000.00, it's cold, the house of one, and is nadine bama reports. it's bringing various face togethe

when we have a foreign ministers meeting in luxembourg, and that is the most important thing just to transfer you. yes. and we are stuck and so, but you met a recent president denies the western allegations of piracy, and the keys is what he calls the ill wishes of waiting a high britain, the war against his country. he's on friday, he travels to russia for a meeting with his main financial and political support. let me put him on. yeah. russia has started to refuse, landing permissions for european planes, avoiding better russian ass space. it's assign. moscow wants to push back against what it sees as a shared threat. batteries, russia and the west, the economic costs of this stand off or increasing will reach helen's. how does era? well as bell of roof faces, further isolation for the tension of a journalist. the incident has shown more light on the repression of reporters from the protests of which is own at sight. next though, uses the telegram app to stop being blocked in many sites, which are critical of the government or regularly taken offline. attempts have also been made t

there are certain countries like luxembourg already do free chair and sport for pensioners -- do free transport for pensioners. to have that europewide would be an exceptional way of letting older people who desperately need transport. just some ideas. i don't often get the opportunity to get them out there. >> i find this fascinating because with student exchange, it provides an opportunity to understand that sometimes the differences that might create tension are not as profound as thought. to continue, focus on engaging under representative communities as central to the work you did with your women's coalition so i'm curious if you could discuss the importance of this engagement for strengthening peace and how do these efforts prevent violence and strengthen democratic institutions? >> something i left out in my answer, corporation ireland is doing a lot of work. i also like to give a shout out to people doing good work. your question is under representative -- underrepresented communities. i'll talk about women because that's the one we have been experiencing. i believe if we had