Trump Accounts Now Accept Stock Donations as Treasury Launches New Child Investment Program 
UN Warns of Looming Human Rights Catastrophe in Sudan’s Al-Obeid 
Amy Coney Barrett Faces Conservative Backlash After Key Supreme Court Rulings Against Trump 
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence 
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks 
US Ambassador Prioritizes Cook Islands Critical Minerals, Warns of China’s Pacific Influence 
Air Force Investigates Officer After Capitol Protest Calling for Trump, Vance Impeachment 
Trump Vows U.S. Will Prevent China From Taking Over the Panama Canal 
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report 
Khamenei Funeral Draws Thousands as Iran Stages Nationwide Week of Mourning 
Russian Attacks Kill Six Across Ukraine as Kyiv Mourns Deadly Strike 
Russian Attacks Kill Three in Eastern Ukraine as Civilian Casualties Mount 
DHS Investigates Cyber Breach in Homeland Security Information-Sharing Network 
Trump Administration to Launch Voluntary AI Standards for Frontier Models 
US Resumes Dollar Shipments to Iraq After Months-Long Suspension 
Russia Claims Capture of Kostiantynivka as Putin Pushes Donetsk Offensive 
Ukraine War: Russian Drone Attack Sparks Hotel Fire in Central Kyiv 
While the recent G7 and NATO summits saw progress in some aspects including taxation between the European Union and the US with discussions between world leaders and US President Joe Biden. Recently, the US diplomats are now increasing pressure on the EU to get rid of proposals for digital tax.
US officials are ramping up pressure on the EU not to go through with the proposals for digital tax, citing concerns that it would clash with a possible global deal on corporate taxation. US Treasury Secretary Janet Yellen dismissed the EU’s claim that the proposals can work with the G7 tax deal for a global minimum rate of 15 percent. Another US diplomat urged Brussels to delay the EU’s attempt to create digital leverage, according to the Financial Times.
Washington then said that this approach would “threaten” parallel talks on a corporation tax overhaul that is being carried out in the Organization for Economic Cooperation and Development. Yellen is expected to relay the warning to EU tech leader Margrethe Vestager when they hold discussions this week. Yellen would also be traveling to Brussels to meet with EU finance ministers.
This issue of imposing taxes on tech companies like Google, Amazon, and Facebook has caused a strain in relations between the EU and the US since the Trump administration. Nevertheless, the European Commission said that its plan to agree to an EU digital tax is compatible with the bid by the OECD to overhaul tax rules for multinational firms. According to officials, it will likely be a one percent rate on hundreds of companies that have bases in Europe.
In other news, there will be a Biden statue set up in the town of Urosevac in Kosovo close to a US military base Bondsteel. The statue of the US leader is built as a sign of gratitude to the US for supporting Kosovo’s peace and independence, according to a city council official.
This is not the first time Kosovo has expressed its gratitude to the US, however. A bust of former Secretary of State Madeline Albright during the NATO campaign in Yugoslavia was unveiled in 2019 on the 20th anniversary of the entry of NATO forces in Kosovo.
