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EU strongly urges Sri Lanka to lift forthwith import restrictions

The European Union (EU) has strongly urged Sri Lanka to lift forthwith import restrictions preventing many European products from entering its market during the 24th meeting of the Joint Commission held…

No more tax tricks! Global minimum tax for corporations could raise 100 billion

What may seem impossible to employees is common practice for multinationals: they shift their profits around the world until they no longer have to pay taxes on them. A global minimum tax…

EU Urges Sri Lanka to Notify Imposed Import Restrictions Measures to WTO

The Europan Union (EU) has urged Sri Lanka to notify import restrictions measures imposed since April 2020 to the World Trade Organisation (WTO), while stressing the need for a level…

Renewables overtook fossil fuels in EU electricity mix in 2020

(Reuters) – Renewables overtook fossil fuels as the European Union’s main source of electricity for the first time in 2020 as new projects came online and coal-power shrank, a report…