WORLD


IANS 09 December 2021
The Italian Competition Authority on Thursday fined e-commerce giant Amazon $1.3 billion (1.1 billion euros) for using its dominance in the online shopping world and harming competing operators in the logistics space via its 'Fulfilment by Amazon' (FBA) service.   The antitrust...

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IANS 08 December 2021
Better.com CEO Vishal Garg, who was massively trolled for laying off 900 employees over a Zoom meeting call last week, has finally issued an apology to his employees, for the embarrassing act that made headlines globally and hundreds of memes on social media platforms.   In a letter...

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Stephen Ross, Donald Trump  and   Kelcy Warren (ProPublica) 08 December 2021
This story was originally published by ProPublica.   Donald Trump and other ultrarich Americans have earned billions, but they’ve also managed to repeatedly avoid paying any federal income tax by claiming huge losses on their businesses. Here’s a tale of two Stephen...

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Sachin Sathyarajan (The Leaflet) 07 December 2021
Amidst the growing concerns surrounding the Omicron variant of SARS-CoV-2 and the knee-jerk travel bans in the after-effects, SACHIN SATHYARAJAN argues that the TRIPS waiver is the need of the hour.    The Omicron variant, declared as a “variant of concern” by the World Health...

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IANS 06 December 2021
Lawyers in the UK and the US on Monday initiated coordinated legal campaigns against Facebook, now known as Meta, on behalf of Rohingya Muslims for its alleged role in facilitating the genocide perpetrated by the Myanmar regime and extremist civilians against the Rohingya...

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IANS 03 December 2021
The International Monetary Fund (IMF) has announced that Gita Gopinath, currently chief economist of the IMF, is set to succeed Geoffrey Okamoto as the institution's First Deputy Managing Director (FDMD) early next year.   "Especially given that the pandemic has led to an increase in...

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Sebastian Rotella (ProPublica) 01 December 2021
This story was originally published by ProPublica.   Students and scholars from China who criticize the regime in Beijing can face quick retaliation from fellow students and Chinese officials who harass their families back home. U.S. universities rarely intervene.   On the...

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IANS 01 December 2021
The World Health Organization (WHO) has warned that blanket travel bans will not prevent the international spread of the Covid-19 Omicron variant, even as dozens of countries have already introduced such restrictions.   Although Omicron has been labeled a "variant of concern" by the...

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Nikhila Natarajan (IANS) 30 November 2021
Jack Dorsey, the maverick behind making Twitter the world's go-to social platform to rant, laud, troll or play simple catch up, is moving on.   Confirming long-standing speculation that he would, @Jack, Dorsey's handle for 18 years, enigmatically said: "not sure anyone has heard but,"...

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IANS 29 November 2021
Japanese Prime Minister Fumio Kishida said on Monday that the government will ban the entry of all foreign nationals in principle from Tuesday amid concerns over the new Omicron variant of Covid-19.   Kishida told local media that the decision was made to avoid the worst-case...

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IANS 29 November 2021
Australian Prime Minister Scott Morrison is all set to introduce a new anti-troll Bill that would force online social media platforms like Facebook and Twitter to reveal the identities of anonymous users, in an effort to crack down on online trolling.   According to ABC News...

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IANS 17 November 2021
Hong Kong's leader on Tuesday defended allowing the head of JP Morgan Chase to skip a three-week Covid-19 quarantine imposed on most other visitors, saying he worked for "a very big bank", Channel News Asia reported.   The comments came as Hong Kong also announced that more than 100...

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IANS 12 November 2021
US President Joe Biden has signed the law to ban Chinese tech companies like Huawei and ZTE from getting approval for network equipment licences in the country.   The 'Secure Equipment Act of 2021' had received bipartisan support prior to it being signed by the President, ZDNet...

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Ellis Simani, Robert Faturechi  and   Ken Ward Jr. (ProPublica) 05 November 2021
This story was originally published by ProPublica.   IRS records reveal how Gov. Jim Justice, Gov. Jared Polis, former Education Secretary Betsy DeVos and other wealthy political figures slashed their taxes using strategies unavailable to most of their constituents.   As a...

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Annie Waldman  and   Bianca Fortis (ProPublica) 22 October 2021
This story was originally published by ProPublica.   The Education Department’s limited tracking of $190 billion in pandemic support funds sent to schools has left officials in the dark about how effective the aid has been in helping students.   After the pandemic shut down...

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Bianca Fortis (ProPublica) 20 October 2021
This story was originally published by ProPublica.   The Food to Families program, touted by Ivanka Trump, gave tens of millions of dollars to unqualified firms and was also used to promote then-President Trump.   A $6 billion federal program created to provide fresh produce...

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Aninda Dey (The Leaflet) 09 October 2021
The Pandora Papers show how several rich and powerful Indians, including tax defaulters and corporate entities, form offshore Trusts and companies by exploiting loopholes in our tax laws, park their money and buy assets in tax sanctuaries while the ordinary citizen shudders at the prospect of...

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Stephen Engelberg (ProPublica) 07 October 2021
This story was originally published by ProPublica.   When ProPublica compared the richest Americans’ wealth gains to the taxes they paid, we found a system that benefits billionaires. White House economists recently used a similar method to calculate tax rates, revealing stark...

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Nikhila Natarajan (IANS) 06 October 2021
In more than three hours of riveting testimony, a former Facebook employee tore into the now embattled social networking giant, blaming its "metrics" driven culture for hurting children, fueling hate and walking away from ethical considerations because profits come first.   Frances...

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Saket Hishikar Saket Hishikar 01 October 2021
The news of China’s Evergrande group on the brink of default halted the euphoric markets for a day or two in the past week. Amidst conflicting news of a possible deal, markets forgot the situation is far from over and scaled new heights. With over $300 billion in debt, the largest...

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