Author: Euronews

ADVERTISEMENT Despite the Family Boat suffering an engine failure and pressures from the Italian government, the group of boats aiming to break the Israeli siege, the Global Sumud Flotilla, has decided that it will not stop its journey to the Gaza Strip. In a video published in the night between Friday and Saturday, one of the Flotilla’s spokespersons, Thiago Ávila, said that the Family Boat had suffered a “catastrophic technical failure” in the engine, preventing it from continuing its journey. The boat had been hit in recent weeks by “incendiary drone attacks” and had to overcome technical difficulties, but due…

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ADVERTISEMENT A government’s levy taxes on the net income, profits, and capital gains of enterprises are called corporate income tax (CIT). On average, corporate income tax makes up about 4% of GDP in OECD countries. According to the OECD, among 27 European countries (22 EU members plus the UK, Switzerland, Norway, Iceland, and Turkey), the share of corporate income tax in total tax revenues in 2023 ranged from 4.2% in Latvia to 28.3% in Norway, based on the most recent data.  How important is corporate income tax for European countries and what share does it represent in GDP across Europe?…

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Published on 25/09/2025 – 15:02 GMT+2 ADVERTISEMENT A €400 million financing facility was formalised for Palestine during a signing ceremony in New York on Wednesday, held alongside the UN General Assembly. The program is structured as an intermediated facility, channelled through the PMA and local financial institutions, to improve access to finance for micro, small and medium-sized enterprises (SMEs) as well as mid-cap companies. The plan is part of an overall €1.6 billion EU facility over 2025–2027. European Commissioner for the Mediterranean Dubravka Šuica and EIB Vice-President Ambroise Fayolle sealed the agreement, together with the Palestinian ambassador to the UN…

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ADVERTISEMENT US President Donald Trump has called for an investigation after claiming he was the victim of “triple sabotage” during his visit to the UN General Assembly on Tuesday. In a long message posted on his Truth Social platform on Wednesday, Trump insisted that he had experienced “three sinister events”, which included the sudden halting of an escalator he and First Lady Melania Trump were on. Trump argued that the incident was not a coincidence, citing a report in the Times of London that UN staffers had joked about turning off an escalator during his visit. “The people that did…

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ADVERTISEMENT The Trump administration’s abrupt decision to slap a $100,000 (€85,000) fee on H-1B visas has stunned and confused employers, students and workers from the United States to India and beyond. Since announcing the decision on Friday, the White House has tried to reassure jittery companies that the fee does not apply to existing visa holders and that their H-1B employees travelling abroad will not be stranded, unable to re-enter the United States without coming up with $100,000. The new policy took effect at 12:01am ET on Sunday. Despite the effort at reassurance, “there’s still some folks out there recommending…

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