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Germany plans to tax major tech companies like Google and Meta at 10%, targeting tax avoidance and boosting media funding. Culture Minister Wolfram Weimer leads the effort, aiming for a fairer contribution from digital firms.
🔍 Key Points: ✔ Legislation: A bill is in progress, with talks on voluntary payments. ✔ Global Trend: Matches similar taxes in Britain, France, India, and Canada. ✔ Trade Tensions: May strain U.S. relations, as past efforts faced backlash. ✔ Concerns: Higher consumer costs and digital slowdown are debated.
📌 Next Steps: Germany’s coalition supports the tax, but a final decision is pending. Chancellor Friedrich Merz will soon visit Washington for discussions.
Germany plans to tax major tech companies like Google and Meta at 10%, targeting tax avoidance and boosting media funding. Culture Minister Wolfram Weimer leads the effort, aiming for a fairer contribution from digital firms.
🔍 Key Points: ✔ Legislation: A bill is in progress, with talks on voluntary payments. ✔ Global Trend: Matches similar taxes in Britain, France, India, and Canada. ✔ Trade Tensions: May strain U.S. relations, as past efforts faced backlash. ✔ Concerns: Higher consumer costs and digital slowdown are debated.
📌 Next Steps: Germany’s coalition supports the tax, but a final decision is pending. Chancellor Friedrich Merz will soon visit Washington for discussions.
China’s stock markets are some of the largest in the world, with total market capitalization reaching RMB 79 trillion (US$12.2 trillion) in 2020. China’s stock markets are seen as a crucial tool for driving economic growth, in particular for financing the country’s rapidly growing high-tech sectors.Although traditionally closed off to overseas investors, China’s financial markets have gradually been loosening restrictions over the past couple of decades. At the same time, reforms have sought to make it easier for Chinese companies to list on onshore stock exchanges, and new programs have been launched in attempts to lure some of China’s most coveted overseas-listed companies back to the country.
At a time when the Indian stock market is peaking and has rallied immensely compared to global markets, there are companies that have not performed in the last 10 years. These are definitely a minor portion of the market considering there are hundreds of stocks that have turned multibagger since 2020. What went wrong with these stocks? Reasons vary from corporate governance, sectoral weakness, company specific and so on. But the more important question is, are these stocks worth buying?
