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The Guardian looks back at the landmark deal struck by rich nations on Saturday to make multinational companies pay more tax, reporting that experts are warning of a “large loophole”. Amazon could “escape paying significantly more tax” because it runs “at very low profit margins”, it says – with a margin of 6.3% in 2020. That is “partly because it reinvests heavily, and partly to gain market share,” the paper adds.

Guardian Front Page 20th of November 2024

Growing tensions have emerged due to concerns over Russia’s alleged hybrid warfare tactics against Western nations, following the USA’s decision to allow Ukraine access to long-range missiles, with Russia promising an appropriate response.

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