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Zuma shuns graft inquiry in defiance of court order

Bloomberg Former South African President Jacob Zuma said he will flout an order by the nation’s top court by refusing to cooperate with a judicial panel that’s probing graft during his rule, and dared the authorities to arrest him. “The Commission Into Allegations of State Capture can expect no further cooperation from me in any of their processes,” Zuma said ...

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EU calls $15.8 billion Apple tax ruling ‘contradictory’ in appeal

Bloomberg The European Union (EU) is seeking to overturn Apple Inc.’s victory in a 13 billion-euro ($15.8 billion) tax dispute, saying judges used “contradictory reasoning” when they found that the company’s Irish units weren’t liable for huge payments. A summary of the appeal published on Monday shows the EU’s determination to challenge the critical July court judgment. The decision was ...

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Joe Biden withdraws $27.4 billion in spending cuts proposed by Trump

Bloomberg President Joe Biden withdrew all the spending cuts proposed by former President Donald Trump during his final days in office. Biden said in a letter to Congress that he was reversing all 73 spending cuts that Trump had requested, which touched virtually every cabinet-level agency as well as federal programs such as the National Endowments of the Arts and ...

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