Ljubljana, 5 April - Slovenian companies will soon be able to do business on Amazon Europe, as the US tech company gets technically adjusted to include Slovenia among supported countries in the second half of the year, the Slovenian Ministry of Economic Development and Technology said on Friday. Ljubljana The rest of this news item is available to subscribers.Buy the news item. Price: 2 tokens; on account: 0 tokens. … [Read more...] about Slovenian companies expected on Amazon this year
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Dutch company suspected of $1.2bn money laundering scam
Photo: Despositphotos.com Three former officials of a company from West-Betuwe have been arrested for suspected international money laundering involving $1.2bn. The Dutch public prosecution announced on Friday that that it believes they used the company to launder the money for an Indian company involved in constructing a gas pipeline. According to the press release, the Dutch company acted as the purchasing body to buy international materials and services. But it is suspected of doubling up on invoices to declare the costs twice and then skimming the profits through the Dutch company with fake insurance contracts. The men will appear before a court in Rotterdam today. DutchNews.nl has been free for 12 years, but now we are asking our readers to help. Your donation will enable us to keep providing you with fair and accurate news and features about all things Dutch. Donate via Ideal, credit card or Paypal. … [Read more...] about Dutch company suspected of $1.2bn money laundering scam
Lebanon Opens 5 Oil Fields for Foreign Companies
Lebanon has opened accreditation for foreign oil companies to develop five fields in its territorial waters, one of the country's minister said.CC0Israel, Greece to Build Radar With Enhanced Coverage on Crete Amid Rapprochement– Reports The decision was made amid an ongoing dispute connected to a planned gas pipeline project from Israel to Europe, related to the demarcation of the maritime border between them. Lebanon accuses Israel of decreasing about 860 square kilometres from the Lebanese sea containing promising oil and gas reserves. READ MORE: Russia Calls on Israel, Lebanon to Respect ‘Blue Line' Border — Envoy to UN Recently Lebanon's Foreign Minister Gebran Bassil announced that they had sent corresponding letters on the issue to the UN Secretary-General, the President of the General Assembly, as well as the High Representative for the … [Read more...] about Lebanon Opens 5 Oil Fields for Foreign Companies
Azerbaijani official critical of local insurance companies
Baku, Azerbaijan, April 5 By Elchin Mehdiyev - Trend: In no country of the world does the state compensate for damage caused by a natural disaster, because the insurance system handles this, Ziyad Samadzade, Chairman of the Committee on Economic Policy, Industry and Entrepreneurship, said at a meeting of the committee on April 5, Trend reports. The chairman noted that insurance companies, as a rule, are being excluded from risky areas. "Insurance companies collect premiums, but do not compensate for damage when an accident occurs. This is a very serious matter. People hope that the state will take the responsibility [for compensating damages caused by natural disasters or tragedies] and compensate for the damage. But such practice does not exist in any country of the world. Imagine how many tragedies and natural disasters have occurred in the last 10-15 years, when the state took the responsibility for compensating damages." According to Samadzade, it is important to develop the … [Read more...] about Azerbaijani official critical of local insurance companies
BR EXCLUSIVE. EU Commissioner Pierre Moscovici: US should respect EU’s intent to set a tax on digital companies
EU countries have been discussing a possible “digital service tax” on technology companies such as Google or Facebook for a long time now, but member states have not yet reached a consensus. Recent debates on the EU-wide tax policy for digital companies had three countries opposing the idea – Denmark, Ireland and Sweden. The US is also against Europe taxing tech giants, as many of these companies are American. Secretary of State Mike Pompeo met with his French counterpart Jean-Yves Le Drian on Thursday and urged France not to approve a digital services tax at the national level, as it would “hurt US technology firms”. Pierre Moscovici, the European Commissioner for Economic and Financial Affairs, Taxation and Customs, spoke to Business Review on Friday during the ECOFIN summit in Bucharest. Asked what he thought would happen to the tax considering the lack of unanimous agreement among EU member states, Moscovici said: “We’ll … [Read more...] about BR EXCLUSIVE. EU Commissioner Pierre Moscovici: US should respect EU’s intent to set a tax on digital companies