What consequences can be expected for the European Union after Apple was ordered to pay a 13 billion euro fine?

2024-09-27 10:46:23

No one will want to start a large business in the EU

The EU has no advantages over Asian countries. A 50% tax is too high; for example, in Singapore it is 0%. The military conflict between Russia and Ukraine also makes doing business difficult, as sanctions hit the EU itself, raising the prices of all energy sources, which directly affects the prices of goods and services.

The essence of the lawsuit is that all EU countries should impose the same 50% taxes, and if a country is an EU member, it cannot independently make tax preferences. Most likely, soon countries will start leaving the EU, as the United Kingdom did.

Apple must pay 13 billion euros in back taxes

What will Putin and Trump talk about at the meeting?

2025-08-07 15:18:34

About the conditions of peace

The United States has signed an agreement with Ukraine on the use of its mineral resources. These territories are already partially under Russian control. Most likely, the United States and Russia have agreed that Russia will cede these territories to the United States in exchange for guarantees of non-aggression. But the question is what to offer Ukraine for the territories currently occupied by Russia, as this effectively means the loss of sovereignty.

Most likely, Ukraine will be offered EU membership, and these are the concessions that Russia will have to make.

Who will win the presidential elections in Turkey in 2023?

2023-03-12 08:03:02

Recep Tayyip Erdogan with 61.28% of the vote

The opposition has no strong leaders and no clear goals

There will only be one round of voting

Erdogan's chances for re-election were estimated

Accuracy 10

What Happens After Trump's Tariffs Are Imposed?

2025-04-04 15:57:43

A global recession is expected. Mass layoffs and cost cuts will begin.

The GDP of the United States (24%) is almost a quarter of the world GDP. The United States has an impact on the entire world economy. International trade in 50% of cases is conducted in dollars. If the U.S. buys less because of tariffs, it will cause a downturn in the entire global economy in the short term. In the long term, confidence in the U.S. and the dollar will fall, and the focus will shift to China and the yuan as the world's second-largest economy. This whole process will be painful and will be accompanied by massive cost cuts, optimization of business processes, layoffs and closure of enterprises. The United States itself will suffer greatly and will not be able to recover from such a policy, since its factories are distributed around the world and depend on the supply of components and raw materials.

From April 3, 2025, 25% duties on car imports will come into effect, and by May 3, 2025, on auto parts manufactured outside the United States. From April 5, 2025, the minimum basic customs duty of 10% will come into force. From April 9, 2025, the rest of the tariffs will come into effect. The minimum base tariff of 10% will be applied to all countries. Most likely, this will all end after Trump's change as president in 2029. On April 8, Trump introduced a 3-month delay for those countries that did not impose retaliatory tariffs.