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The European Union adds Russia to its blacklist of tax havens

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The European Union adds Russia to its blacklist of tax havens

The European Union has added Russia to its blacklist of tax havens after the nation amended its enterprise laws in a method the bloc considers detrimental and unfair.

“The Russian Federation has not fulfilled its dedication to amend its dangerous preferential tax regime,” financial and finance ministers from the 27 member states mentioned after assembly on Tuesday.

The breakdown in dialogue between the EU and Russia because of the invasion of Ukraine prevented the tax frictions from being resolved, ministers famous.

“With Russia, clearly, at present there is no such thing as a engagement,” mentioned Valdis Dombrovskis, the European Fee’s government vice-president.

“One can’t clearly say that Russia is cooperating on tax issues.”

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Swedish Finance Minister Elisabeth Svantesson, whose nation holds the EU Council’s rotating presidency, mentioned the choice was not primarily based on a “political purpose,” regardless of the actual timing, however fairly on a technical evaluation that proved Russia had “failed” to handle the dangerous components of its laws.

These components relate to the revenue from mental property and so-called “grandfathering provisions,” which permits enterprise entities to observe previous guidelines as a substitute of latest ones.

The EU Council didn’t instantly reply to a request for additional clarification.

Additionally on Tuesday, ministers added the British Virgin Islands, Costa Rica and the Marshall Islands to the blacklist, bringing the overall to 16 jurisdictions.

‘Complete whitewash’

First adopted in 2017, the EU’s tax record is up to date twice a 12 months.

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Brussels insists the general public catalogue is not meant to “identify and disgrace” different international locations, however to “encourage constructive change” in tax practices by way of cooperation and continued dialogue.

International locations around the globe are assessed towards three key standards: tax transparency, truthful taxation, and measures to sort out base erosion and revenue shifting (BEPS) by multinationals.

Those that do not adjust to the factors are requested to make adjustments to their laws.

In the event that they refuse to take action, the EU can add them to the record, which does not use the politically charged time period of “tax haven” and as a substitute speaks of “non-cooperative jurisdictions.”

The labelling does not entail any reprisals or sanctions past the reputational harm.

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On Tuesday, ministers granted Hong Kong, Malaysia and Qatar, three international locations underneath scrutiny for his or her tax regimes, an extension to make reforms.

Barbados, Jamaica, North Macedonia and Uruguay had been discovered to have accomplished the required steps.

Ministers additionally highlighted latest commitments made by Aruba, Curaçao, Belize, Israel and Albania, an official candidate to affix the 27-strong bloc.

The EU’s blacklist has usually been the goal of criticism from tax consultants and civil society organisations, who argue its scope is way too restricted and fails to focus on member states, corresponding to Luxembourg and the Netherlands, that current traits of tax havens.

Chiara Putaturo, a tax coverage advisor at Oxfam’s EU workplace, lambasted the record as a “complete whitewash” for excluding jurisdictions like Bermuda and Cayman Island, two abroad territories identified for internet hosting shell corporations utilized by companies to keep away from paying increased taxes of their residence international locations.

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“With this joke record, the EU continues to permit the super-rich and worthwhile to stash away their fortunes whereas strange individuals are battling with the cost-of-living disaster,” Putaturo mentioned in an announcement.

“The replace is one more missed alternative to place an finish to tax havens and get billions again to bridge the hole between the super-rich and strange folks.”

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Panic in Bishkek: Why were Pakistani students attacked in Kyrgyzstan?

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Panic in Bishkek: Why were Pakistani students attacked in Kyrgyzstan?

Islamabad, Pakistan — More than 300 Pakistani students have rushed home from Kyrgyzstan after a mob attacked hostels occupied by international students, injuring several of them, in the Central Asian nation’s capital Bishkek last week.

The violence broke out in the late hours of May 17, lasting for more than six hours, when hundreds of Kyrgyz people targeted hostels of international students, leaving more than 30 injured.

In a news conference on Sunday, Pakistan’s Foreign Minister Ishaq Dar said Kyrgyz authorities had assured that the situation had been brought under control. He confirmed that “four or five” Pakistani students were injured in the violence but refuted online rumours of any deaths in the clashes.

Yet, Dar appeared to acknowledge the fears of the more than 11,000 Pakistani students in Kyrgyzstan, and their families, announcing that the government was arranging flights to bring back all students who wanted to return. The government, he said, would bear the expenses — though Pakistani students in Bishkek claimed they had to pay out of pocket for tickets back.

So what led to the violence, what happened on May 17, and what is the situation in Bishkek now?

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What happened on the night of May 17?

Korish Malik, a 24-year-old Pakistani student pursuing a medical degree in Bishkek, recalled that he was in his hostel when, in the evening, student residents received a message from the hostel administration to stay indoors.

On May 17, a mob targeted a hostel in Bishkek where hundreds of international students resided [Courtesy of Bilal Ishaq]

“The administration said there appears to be a threat to international students and they must refrain from leaving the premises of their hostels. But then we saw on TikTok that a large group of locals was gathering and marching towards our hostel,” he told Al Jazeera from Bishkek.

According to Kyrgyz media reports, a crowd of more than 700 people gathered outside the city’s VIP Hostel, which houses more than 800 international students, including Pakistanis, Indians, Egyptians and Bangladeshis.

Bilal Ishaq, a Pakistani medical student from Faisalabad who lives in a private apartment near the VIP Hostel, said he also received alerts on WhatsApp groups of fellow university students and the Pakistani student community, asking students to stay indoors. He saw a crowd chanting slogans pass his building, moving towards the hostel. The WhatsApp groups, he said, were buzzing with messages from terrified students.

Back at the VIP Hostel, Korish said, soon after students received the warning, police officials arrived and cordoned off the front gate of the building. But the crowd, he said, was large — too large, it turned out.

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“While there were a lot of police officials there, they did not have any riot gear with them,” he said. “We were just asked to switch off lights, lock the doors, and put heavy objects in front of the doors of our room.”

Korish said the mob entered the hostel from the emergency exit at the back of the building and went on to indulge in vandalism.

Videos on social media show a huge number of people walking towards the hostel, hurling stones at the windows. Another video shows a door being broken, and glass shattered in the corridor of the hostel.

Korish said he and his three roommates hid in their room on the fourth floor of the five-storey building. They could hear loud noises from other floors, he said.

“The whole thing lasted for almost six to eight hours and when we eventually came out of the room, it was obvious that the mob was there to just cause chaos and spread terror,” Korish said.

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What triggered the attack?

The May 17 violence followed a brawl between Kyrgyz locals and a group of international students four days earlier.

Hassan Aryani, a Pakistani student pursuing his degree in medicine, said the videos of the fight went viral among students in the city. Aryani, from Mardan in the province of Khyber Pakhtunkhwa, said an “uneasy calm” hung over the student community in Bishkek after that clash.

On the night of May 17, that tension exploded in mob violence.

What were the international responses?

The embassies of India and Pakistan in Bishkek advised the students to stay indoors.

On the morning of May 18, Pakistan’s Prime Minister Shehbaz Sharif posted on X that he was “deeply concerned over the situation of Pakistani students in Bishkek”.

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Indian Foreign Minister S Jaishankar also wrote on the social media platform that he was monitoring events in Bishkek, urging Indian students to stay in contact with the country’s embassy.

The Kyrgyz government said on the morning of May 18 that calm had returned to the capital.

Pakistanis protest against the attacks on international students, including Pakistanis, in Kyrgyz capital of Bishkek last week. [Sohail Shahzad/EPA]
Pakistani students protest against the attacks in Bishkek [Sohail Shahzad/EPA]

How is the situation in Bishkek now?

Aryani, who is in his final year of college, said while Bishkek appears to be returning to a state of normalcy, he was not willing to stick around in the Kyrgyz capital at the moment.

He said he planned to get a ticket and fly back to Pakistan as soon as he could.

Korish, the third-year student, said he managed to step out of his hostel on Monday morning and could move around the city. But he also said he would travel back to Pakistan to allay his parents’ concerns.

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Meanwhile, Kyrgyz authorities also do not want to take chances.

Rasul Abazbek uulu, the country’s deputy minister for education and science, announced in a news conference on Monday that foreign students had been allowed to attend classes online for a week.

The latest announcement helped students like Korish make up their minds about the decision to return home.

“My family is naturally very worried about the situation. But now since our college has said that classes will take place online, and the semester was to end anyway at the end of May, I have bought a ticket to go back tomorrow,” Korish said.

While the Pakistani embassy in Kyrgyzstan says it is in close contact with the local authorities to facilitate the students, several students in Bishkek accused the government of abandoning them. Though Dar, Pakistan’s foreign minister, has said the government would bear the cost of transporting students back, the three students Al Jazeera spoke to all said they had to pay themselves for their tickets. It is unclear if the government plans to subsequently reimburse students.

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The Kyrgyz government said those involved in the violence had been arrested and it was in touch with different foreign governments whose nationals were affected by the incident.

“There are no seriously injured people among participants of the incident. The Ministry of Foreign Affairs of the Kyrgyz Republic did not receive any messages regarding injured foreign citizens. At the same time, the ministry urges representatives of the media and foreign diplomatic missions not to disseminate false and unverified information,” the Kyrgyz government said in a statement on May 18.

How many Pakistanis and Indians study in Kyrgyzstan and where?

More than 11,000 Pakistani students and 15,000 Indian students are pursuing degrees in medicine in Kyrgyzstan.

The attraction: a combination of reasonably high standards at Soviet-era medical colleges combined with tuition fees that are lower than most educational destinations in the West and even in their home countries. Kyrgyzstan medical colleges are also popular among students from several Arab and African nations.

Kyrgyz media reports that more than 700 people were part of the mob that attacked international students in Bishkek. [Courtesy Korish Malik]
Kyrgyz media reported that more than 700 people were part of the mob that attacked international students in Bishkek [Courtesy of Korish Malik]

Ishaq, the student from Faisalabad, said while his medical degree in Pakistan could cost him nearly eight to nine million rupees ($28,000 to $32,000), the corresponding amount in Kyrgyzstan was closer to four to five million rupees ($14,000 to $18,000).

“It was a lot more feasible to study here money-wise. But now, with the Pakistani currency devaluation, the cost for studies even here is increasing,” he added. The Pakistani rupee, which stood at 160 against the US dollar in December 2020, has since slipped by more than 70 percent to 278 rupees a dollar.

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London court to decide whether WikiLeaks founder Assange is extradited to the US

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London court to decide whether WikiLeaks founder Assange is extradited to the US

LONDON (AP) — WikiLeaks founder Julian Assange faces a hearing Monday in the High Court in London that could end with him being sent to the U.S. to face espionage charges, or provide him another chance to appeal his extradition.

The outcome will depend on how much weight judges give to assurances U.S. officials have provided that Assange’s rights won’t be trampled if he goes on trial.

In March, two judges rejected the bulk of Assange’s arguments but said he could take his case to the Court of Appeal unless the U.S. guaranteed he would not face the death penalty if extradited and would have the same free speech protections as a U.S. citizen.

The court said that if Assange, who is an Australian citizen, couldn’t rely on the First Amendment then it was arguable his extradition would be incompatible with the European Convention on Human Rights, which also provides free speech and press protections.

The U.S. has provided those reassurances, though Assange’s legal team and supporters argue they are not good enough to rely on to send him to the U.S. federal court system.

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The U.S., for example, said Assange could seek to rely on the rights and protections of the First Amendment but that a decision on that would ultimately be up to a judge. In the past, the U.S. said it would argue at trial that he was not entitled to the constitutional protection because he’s not a U.S. citizen.

“The U.S. has limited itself to blatant weasel words claiming that Julian can ‘seek to raise’ the First Amendment if extradited,” his wife, Stella Assange, said. “The diplomatic note does nothing to relieve our family’s extreme distress about his future — his grim expectation of spending the rest of his life in isolation in U.S. prison for publishing award-winning journalism.”

Assange, 52, has been indicted on 17 espionage charges and one charge of computer misuse over his website’s publication of a trove of classified U.S. documents almost 15 years ago. American prosecutors allege that Assange encouraged and helped U.S. Army intelligence analyst Chelsea Manning steal diplomatic cables and military files that WikiLeaks published.

His lawyers say he could face up to 175 years in prison if convicted, though American authorities have said any sentence would likely be much shorter.

Assange’s family and supporters say his physical and mental health have suffered during more than a decade of legal battles, including taking refuge in the Ecuadorian Embassy in London from 2012 until 2019. He has spent the last five years in a British high-security prison.

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Assange’s lawyers argued in February that he was a journalist who exposed U.S. military wrongdoing in Iraq and Afghanistan. Sending him to the U.S., they said, would expose him to a politically motivated prosecution and risk a “flagrant denial of justice.”

The U.S. government said his actions went way beyond those of a journalist gathering information and put lives at risk in his bid to solicit, steal and indiscriminately publish classified government documents.

If Assange prevails Monday, it would set the stage for an appeal process likely to extend what has already been a long legal saga.

If the court accepts the word of the U.S., it would mark the end of Assange’s legal challenges in the U.K., though it’s unclear what would immediately follow.

His legal team is prepared to ask the European Court of Human Rights to intervene. But his supporters fear Assange could possibly be transferred before the court in Strasbourg, France, could halt his removal.

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The court could also postpone issuing a decision.

If he loses in court, he still may have another shot at freedom.

President Joe Biden said last month that he was considering a request from Australia to drop the case and let Assange return to his home country.

Officials provided no other details but Stella Assange said it was “a good sign” and Australian Prime Minister Anthony Albanese said the comment was encouraging.

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Iran's president, foreign minister, other officials confirmed dead in helicopter crash

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Iran's president, foreign minister, other officials confirmed dead in helicopter crash

Iran’s President Ebrahim Raisi, Foreign Minister Hossein Amir-Abdollahian and other officials were confirmed dead on Monday after their helicopter crashed in a mountainous region of the country’s northwest, Iranian state media reported.

State TV said earlier on Monday that there was “no sign of life” at the crash site of the helicopter that was carrying 63-year-old Raisi, 60-year-old Abdollahian and other officials after it made a “hard landing” on Sunday.

The crash site was across a steep valley, according to state media, which gave no immediate cause for the crash.

As the sun rose on Monday, rescuers saw the helicopter from a distance of roughly 1.25 miles, head of the Iranian Red Crescent Society Pir Hossein Kolivand told state media. The officials had been missing for more than 12 hours when the helicopter was observed.

IRANIAN PRESIDENT EXPERIENCES ‘HARD LANDING’ IN HELICOPTER: IRANIAN MEDIA

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There was “no sign of life” reported Monday at the crash site of the helicopter that was carrying Iran’s President Ebrahim Raisi and other officials, according to Iranian state media. (Ali Hamed Haghdoust/IRNA via AP)

Raisi and Amir-Abdollahian were traveling in Iran’s East Azerbaijan province when the helicopter made what state TV described as a “hard landing” near Jolfa, a city on the border with the nation of Azerbaijan, roughly 375 miles northwest of Tehran. State TV later said it crashed further east near the village of Uzi, although details remained contradictory.

The governor of the East Azerbaijan province and other officials and bodyguards were also aboard, according to the state-run IRNA news agency. One local government official described what happened as a “crash,” while others referred to it as a “hard landing” or an “incident.”

Iranian Foreign Minister Hossein Amir-Abdollahian (L) and Iran's President Ebrahim Raisi (R)

Iranian Foreign Minister Hossein Amir-Abdollahian (L) and Iran’s President Ebrahim Raisi (R) attend a bilateral agreement signing in Havana, Cuba, at the Revolution Palace on June 15, 2023. (YAMIL LAGE / AFP)

“The esteemed president and company were on their way back aboard some helicopters and one of the helicopters was forced to make a hard landing due to the bad weather and fog,” Interior Minister Ahmad Vahidi said in comments aired on state TV.

WHAT HAPPENS IN THE EVENT OF RAISI’S DEATH? AN IRAN EXPERT WEIGHS IN

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Rescue teams are seen near the site of the incident of the helicopter carrying Iranian President Ebrahim Raisi

Rescue teams are seen near the crash site of the helicopter carrying Iranian President Ebrahim Raisi in Varzaghan in northwestern Iran. (Azin Haghighi, Moj News Agency via AP)

The incident comes as Iran, under Raisi and Supreme Leader Ayatollah Ali Khamenei, launched an unprecedented drone-and-missile attack against Israel last month.

Iran has also faced years of mass protests against its Shiite theocracy in response to a struggling economy and attacks on women’s rights.

The Associated Press contributed to this report.

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