Tech EU News
US ‘Fiscal Cliff’: tax crisis pending at year-end
http://www.euronews.com/ As the race for the White House enters its final stretch, another drama is also concerning US policymakers: a flood of tax rises and spending cuts all due to come into effect at the same time, known as the ‘Fiscal Cliff’.
It leaves US politicians with a conundrum, as Roberton Williams of the Tax Policy Centre explained to euronews: “The argument is over the top two percent. Do we let the tax cuts expire for them or not? President Obama says, yes let them expire for the richest two percent because they can afford the taxes and we need the revenue. The Republicans are saying no, we can’t let taxes go up for anyone, particularly these rich folks are the job creators. We need them to keep the economy going.”
While the proposed hikes are not attractive, cancelling them also creates problems, as the US deficit would grow.
Grover Norquist of Americans for Tax Reform said: “Democrats want a bigger government and they want higher taxes to pay for it. The Republicans want a smaller government and they don’t want to raise taxes to pay for it. What would a compromise look like? There is no compromise. The Republicans want to go west, the Democrats want to go East”.
Euronews Washington correspondent Stefan Grobe reports: “The ugly exchanges over fiscal policies during the campaign are a reminder of the difficult task ahead. Across Washington, lobbyists, think-tank experts and officials at all levels of government are bracing for the year-end battle.”
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Tech EU News
Dangerous bacteria found in plastic pollution on Latvian and Lithuanian coastline
Scientists mapping plastic pollution on the Latvian and Lithuanian coastline have discovered high levels of dangerous bacteria, called vibrio. A project largely funded by the European Cohesion Policy, called, ESMIC, has found 736 pieces of litter on 100 metres of beach.
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Tech EU News
Food fraud: how to be sure of the quality and safety of produce
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READ MORE : https://www.euronews.com/2020/11/02/food-fraud-how-to-be-sure-of-the-quality-and-safety-of-produce
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Tech EU News
We must ‘regain control’ of AI, says French President Macron
AI is a “remarkable transformation”, but using it to replace authors, creators or dubbing artists would be a “tremendous mistake”, Emmanuel Macron said at the first international summit on the future of cinema.
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Tech EU News
Strasbourg school kid makes astrophysics discovery
http://www.euronews.com/ Fifteen year old Neil Ibata has made a scientific discovery that may change the way we understand the nearest ‘large’ galaxy to our own – Andromeda.
The school boy from Strasbourg was doing an internship at the city’s astronomical observatory,
where his father works, when he came across the findings with a new computer programme he had just learnt how to use.
Admitting he hadn’t spent a hundredth of the time using the programme as his father, he says: “We calculated the distance and speed of this galaxy, which allowed me to model it. It was the conclusion of several weeks of work. But we can definitely say I had some beginners luck.”
The new study observes 13 smaller satellite galaxies orbiting around Andromeda in a way similar to how the planets in our solar system orbit around the sun. The galaxies are orbiting on a thin, pancake-like plane at a scale 900 million times larger than our own solar system.
The 15-year-old is featured on the cover of science journal Nature and named as a co-author of the study, however, he says he is not sure about whether he will one day become an astrophysicist.
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Tech EU News
Activists urge early deal on EU citizens rights
Activists and experts from the UK want the EU and Britain to protect citizens rights after Brexit.
The 3 million group represents EU migrants living in the UK and it is headed up by Anne-Laure Donskoy.
“We have seen a few job adverts which says British nationals only. People are being turned down for rent agreements, for example opening bank accounts, is becoming more difficult or sometimes opening loans, because the bank like to know whether the person will be allowed to stay in the UK or not…
READ MORE : http://www.euronews.com/2017/05/11/activists-urge-early-deal-on-eu-citizens-rights
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@KeithFeickert
February 24, 2024 at 4:32 pm
I thought fiscal years were measured by Oct 1st in the US Gov't? So the election and stuff wont matter until Sept. 30th 2013. This Euronews report now has me confused.