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8:53, 20 December 2017

Europe Edition: Tax Bill, Saudi Arabia, Angela Merkel: Your Wednesday Briefing


Europe Edition: Tax Bill, Saudi Arabia, Angela Merkel: Your Wednesday Briefing

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Very good morning.

Here’s what you need to know:

CreditGabriella Demczuk for The New York Occasions

• The U.S. Senate passed the Republicans’ sweeping $1.5 trillion tax bill. The Residence had currently authorized it, but the chamber will have to vote once again because some of the bill’s provisions violated Senate guidelines.

Here’s a look at what’s in the final bill, including provisions to tax corporations that operate internationally only on domestic profits. If you spend U.S. taxes, here’s our interactive calculator to help you figure out whether or not your bill is probably to go up or down.

In many approaches, the bill represents a political and financial gamble for Republicans. A majority of Americans oppose it, and fairly few think they will advantage personally from it, polls show.

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CreditTasneem Alsultan for The New York Instances

• Houthi rebels in Yemenfired a ballistic missile on Riyadh for the second time in two months, targeting the Saudi king’s residence.

Saudi officials said that the missile was intercepted and that there have been no casualties. Above, buyers at a cafe saw gray smoke in the sky and black smoke increasing from the ground nearby, presumably from the launch website of the defense systems.

In a video, we appear at how the Saudi blockade of Yemen’s ports has led to a vicious circle of suffering amongst civilians there.

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CreditMichael Sohn/Related Press

• In Berlin, a memorial unveiled on the anniversary of the terrorist attack at a Christmas industry honors the 12 people killed when a truck was rammed into a crowded square.

Chancellor Angela Merkel acknowledged criticism by survivors and victims’ relatives more than how the authorities handled the attack and what they saw as a lack of monetary compensation for their losses.

Separately, she is set to meet Social Democrats today to draw up a timetable on talks for the formation of a new government.

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CreditAlyssa Schukar for The New York Times

They’re not well-known. Neither are their bosses. But right after years of harassment, blue-collar workers are speaking out.

The Instances spoke with female personnel at two Ford plants in Chicago, exactly where a culture of abuse persisted decades after the organization attempted to tackle sexual misconduct. (If you have had equivalent experiences, you can confidentially share your story right here.)

In a bellwether alter, Microsoft is eliminating forced arbitration agreements to end secrecy more than harassment claims.

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• It was a big year in news — often massive sufficient to be observed from the sky.

Satellite pictures and drone photography captured the eclipse, the Women’s March, hurricanes, fires and other pivotal events that marked a tumultuous year.

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Organization

CreditAgence France-Presse — Getty Photos

• China unveiled an ambitious plan to curb climate adjust by starting a market place for emissions credits. The long-awaited move puts the world’s No. 1 polluter in a top position on the problem as the U.S. retreats.

• Canada is wooing international tech talent as the U.S. additional restricts legal immigration.

• The E.U.’s top court is expected to rule nowadays on whether Uber should be regulated as a taxi company, with obligations ranging from licensing to insurance coverage.

• Several snickered a few years ago when the Winklevoss twins used component of a legal settlement from Facebook to acquire 1 % of all the outstanding Bitcoin at the time. Their stockpile is now worth $1.3 billion.

Here’s a snapshot of worldwide markets.

In the News

CreditPau Barrena/Agence France-Presse — Getty Photos

• In Catalonia, opinion polls suggest a close race between supporters and opponents of independence from Spain ahead of Thursday’s regional election. More than 20 % of voters stay undecided. [Connected Press]

• Russian and Chinese officials criticized President Trump’s new national safety doctrine, which described them as “revisionist” powers. [The New York Occasions]

• RT, the Kremlin-backed news network, was introduced in France this week. Critics say it is element of a disinformation campaign. [The New York Instances]

• In Washington, the Senate Intelligence Committee is examining hyperlinks amongst the Green Party candidate Jill Stein and Russian efforts to interfere with the 2016 election. [The New York Instances]

• The United States Holocaust Museum reissued its landmark study on Syria’s civil war right after critics objected to the original’s lack of support for American military intervention. [The New York Times]

• South Sudan’s military captured a key rebel headquarters, further weakening the fractured insurgent movement amid peace talks. [The New York Occasions]

• The passenger train that derailed in Washington State on Monday was traveling 50 miles per hour above the speed limit. At least 3 men and women have been killed and about 100 injured. [The New York Occasions]

• Cardinal Bernard Law has died at 86. He resigned as archbishop of Boston in 2002 amid the pedophile priest scandal observed in the film “Spotlight.” [The New York Instances]

• NASA will select right now from a dozen proposals in its New Frontiers plan, including spacecraft to study the moon, Venus, Saturn and comets. [The New York Instances]

Smarter Living

Suggestions, both new and old, for a far more fulfilling life.

CreditAndy Rash

• How tobe a greater traveler: Here’s what we discovered in 2017.

• The very best toys and games that teach little ones how to code.

• Recipe of the day: Go retro with stuffed mushrooms.

Noteworthy

CreditMBARI

• For decades, robots with cameras have been watching sea creatures consume a single an additional in the deep oceans. The food chain, it turns out, is far more of a web.

New trailers offer an early appear at two movie sequels: “Sicario 2: Soldado” and “Ocean’s eight.”

• We would like your aid in reviving At War, our retired weblog devoted to the military. Let us know here what you would like to see in its subsequent iteration.

Colette, the renowned concept retailer in Paris, is closing its doors today. Earlier this year, we profiled the two females behind the shop and asked some in the fashion market how Colette changed buying.

• The chef Yotam Ottolenghireflects on preparing family breakfasts and dealing with the pressures of parenting. “It does not help to know that other individuals aren’t excellent parents we nonetheless want to grow to be one particular of them.”

Back Story

CreditLam Yik Fei for The New York Occasions

Eighteen years ago right now, Portugal handed Macau back to China after ruling it as a colony for 442 years. The move came two years after Britain handed back Hong Kong, generating Macau the last European colony in Asia.

Portugal had initially offered to return the territory in the 1970s, but China’s leaders demurred since they feared losing a trading hyperlink to the outdoors globe, The Instances reported on the eve of the 1999 handover.

“Since then, the Portuguese administration has presided over Macau’s steady deterioration into a disreputable, vaguely sinister gambling destination for weekend wagerers from Hong Kong,” the Occasions story mentioned.

The territory, which is about 40 miles west of Hong Kong, has a population of roughly 650,000.

A distinct kind of milestone was reached less than a decade following the handover, when Macau overtook Las Vegas to become the world’s biggest gambling center, with $6.95 billion in annual income.

“Where Macau was as soon as derided for its seedy gambling dens and endemic organized crime, it is now becoming referred to as Asia’s Las Vegas, and not just by the locals,” The Instances reported in 2007.

Mike Ives contributed reporting.

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This briefing was ready for the European morning and is updated online. Browse past briefings here.

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What would you like to see here? Get in touch with us at [email protected].

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Published at Wed, 20 Dec 2017 05:49:41 +0000


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