Ahead of a European Union summit meeting
in Brussels, and amid fears of unprecedented
mass downgrading of eurozone credit ratings,
Germany and France have unveiled details
of their joint initiative for fiscal union
as a means to overcome the worsening debt
crisis. Read
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In his latest weekly address from the White
House, and following the announcement of
the November jobs report, President Barack
Obama exhorted the United States Congress
to approve an extension of the payroll tax
cuts, which will otherwise expire at the
end of the year. Read
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The shipping industry would be a major
contributor to a landmark climate change
fund being negotiated by the world's governments,
to fund developing nations' efforts to reduce
their carbon footprints and overcome the
challenges of climate change, it has emerged. Read
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Following on from compliance campaigns
targetting certain 'high risk' professions
and trades, the UK tax authority, HM Revenue
and Customs, has announced another partial
tax amenesty, this time focussing on unpaid
tax owed by electricians. Read
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