BRUSSELS (AP) — Amazon has to pay $295 million in back taxes to Luxembourg, the European Union ordered Wednesday, in its latest attempt to tighten the screws on multinationals it says are avoiding taxes through sweetheart deals with individual EU states. Margrethe Vestager, the EU official in charge of antitrust issues, also took Ireland to … Continue reading
PESHAWAR, Pakistan (AP) — The closure of the border between Pakistan and Afghanistan is more than inconvenient; it is costly. Officials on both sides of the border say in just one month, the closure has resulted in hundreds of thousands of dollars in lost trade, and tons of perishable goods have rotted in stranded trucks. … Continue reading
NEW YORK (AP) — In the latest chapter of a scandal that’s jolted New York’s art world, a federal jury is hearing about a Chinese immigrant who forged fakes of modern masters such as Jackson Pollock and Mark Rothko in his garage, a once-reputable Manhattan gallery that sold them and the wealthy buyers who paid … Continue reading
Spartan Echo 