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EU Commissioner Hoekstra outlines EU taxation priorities for the next five years

EU Commissioner Wopke Hoekstra fielded questions from MEPs of the tax matters subcommittee, outlining the Commission’s taxation priorities for the next five years: “The US and the EU have always shared the same interest in curbing profit shifting to low-tax jurisdictions. It’s in our common interest. We believe global tax problems require global solutions and remain committed to the obligations which we undertook in the OECD over the last years”.

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european elections, europe, choice

Germany’s AfD: Perspectives on relations with the USA, China, and Russia

The following excerpt comes from the draft election program 2025 of Germany’s Alternative für Deutschland (AfD), expected to be officially adopted at the party’s Federal Conference on January 11 and 12, 2025. Insight EU has selected the chapter titled “Time for Security”, which outlines the party’s positions on critical international relations, including its stance toward the United States, China, and Russia. This translation, prepared with the support of ChatGPT, aims

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U.S. Administration releases Quadrennial Supply Chain Review

In the Review, the Department of Commerce’s Supply Chain Center shared its first public findings from its new SCALE supply chain risk assessment tool. SCALE significantly upgrades the U.S. Government’s ability to conduct cross-cutting assessments of resilience and vulnerability, employing more than 40 indicators to assess current or prospective risk across the U.S. goods economy.

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U.S. Treasury disrupts North Korean digital assets money laundering network

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned two individuals and one entity linked to a network laundering millions in illicit funds for the Democratic People’s Republic of Korea (DPRK). Operating from the UAE, Lu Huaying and Zhang Jian used a front company to launder money and convert cryptocurrency, funneling proceeds back to Pyongyang.

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G7: Press remarks by U.S. Secretary of State Antony J. Blinken

“Over the last four years, G7 partners have met a moment of unprecedented testing, and we’ve transformed the group into a steering committee for the world’s leading democracies. We’ve also strengthened ties with our partners beyond the G7 – in the Indo-Pacific, the Middle East, and more – so that we can work together to find shared solutions to shared challenges” – U.S. State Secretary Blinken.

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U.S. President Joe Biden and China's President Xi Jinping

Chinese view on the meeting of President Xi Jinping and President Joe Biden in Lima

The two Presidents have jointly brought the China-U.S. dialogue and cooperation back on track. More than 20 communication mechanisms have been restarted or established, and positive achievements have been made in such areas as diplomacy, security, economy, trade, fiscal affairs, finance, military, counternarcotics, law enforcement, agriculture, climate change, and people-to-people exchange.

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Readout on President Joe Biden’s Meeting with President Xi Jinping

U.S. President Joseph R. Biden Jr. met with China’s President Xi Jinping in Lima, Peru, on Sunday. This meeting is the third between the two Presidents and follows their April 2, 2024, telephone call. The two leaders had a candid, constructive discussion on a range of bilateral, regional, and global issues, including areas of cooperation and areas of difference.

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