Friday, 31 January 2020
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Elon Musk released an electronic dance track, changing his social media handle to EDM
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Two Republican senators — Mitt Romney of Utah and Susan Collins of Maine — joined 47 Democrats in voting to introduce further witnesses into the trial
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author Jeanine Cummins finds herself at the heart of a cultural maelstrom, accused by some of exploiting the tragedy of Mexican migrants in a US election year
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Thursday, 30 January 2020
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Britain will leave the EU at 11:00 pm (2300 GMT) on Friday, January 31, more than three years after the 2016 referendum vote for Brexit
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Wednesday, 29 January 2020
Tuesday, 28 January 2020
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Elizabeth Entin told jurors that Mimi Haleyi, told her in 2006 that Harvey Weinstein sexually assaulted her
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Nicholas Parsons was an actor, performer and entertainer, appearing in films and on stage
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Alessia Cara, from Brampton, Ontario, was nominated for the most awards this year's 2020 Juno Awards
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Monday, 27 January 2020
Sunday, 26 January 2020
Saturday, 25 January 2020
Friday, 24 January 2020
Thursday, 23 January 2020
Wednesday, 22 January 2020
Tuesday, 21 January 2020
Monday, 20 January 2020
The News,World
Prince Harry, Meghan Markle are leaving several questions about their finances unanswered // Photo: AP
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Following their newly-forged agreement with Queen Elizabeth II, Prince Harry and Meghan Markle hope their departure from the royal family will give them "financial independence".
The couple are giving up their taxpayer-funded income, maintaining some other revenue streams, while leaving several questions about their finances unanswered.
What is their income?Harry and Meghan earned a small share of the Sovereign Grant, paid annually to Queen Elizabeth II to cover her and family members' official duties, as well as the upkeep of royal palaces.
The grant amounted to £82 million ($107 million, 96 million euros) for the 2018-2019 financial year.
It is not known how much is paid to each family member, but it is said to represent only five percent of the couple's income.
The remainder is allocated to them by Harry's father Prince Charles via the Duchy of Cornwall, a 53,000 hectare estate and financial portfolio granted to the heir to the throne.
It comprised assets of nearly £1 billion in 2018-2019, making a profit of over £20 million.
The Times newspaper reported that around £5 million per year is paid out to Charles' two sons, Harry and William.
What are Harry and Meghan giving up?The couple will "no longer receive public funds for royal duties", according to a Buckingham Palace statement on Saturday.
It said they had also shared their wish to "repay Sovereign Grant expenditure for the refurbishment of Frogmore Cottage, which will remain their UK family home".
The recent renovation cost British taxpayers £2.4 million.
But it remains unclear if Harry will continue to be so heavily subsidised by Prince Charles and the Duchy of Cornwall.
The Daily Telegraph reported Sunday that the Prince will continue to offer "private financial support" to his son and his wife.
But it said that was expected to come from his own private investment income rather than revenue generated by the duchy, and that this was not "an inexhaustible source of funds", according to a royal source.
What resources do they have?Harry and Meghan will be free to earn their own money after giving up their royal titles and allowances.
This should present little problem to the photogenic and globally recognisable couple.
They have also retained their titles as the Duke and Duchess of Sussex, which the pair could seek to build a brand around.
Meanwhile, Harry sits on an inheritance of tens of millions of pounds, from the death of his mother Diana and also left to him by his great-grandmother, according to the British press.
For her part, Meghan Markle previously earned hundreds of thousands of dollars when she was an actress, starring in the US TV series Suits, and running her blog The Tig.
Who will pay for their security?Buckingham Palace said it would not comment on the details of security arrangements in its weekend statement, adding there were "well established independent processes to determine the need for publicly-funded security".
Harry and Meghan's VIP status entitles them to armed close protection by the British police, and any change to that would ultimately be sanctioned by Britain's interior ministry.
The subject has already become sensitive in Canada, where the couple plan to spend a large chunk of their time.
In a survey by the Angus Reid Institute, almost three-quarters of Canadians said they did not want their country to bear the costs of their protection.
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LONDON: Britain's Prince Harry is believed to have left the United Kingdom for Canada on Monday evening, to be reunited with his wife Meghan Markle and his eight-month-old son Archie, The UK media reported here.
Earlier on Monday, the prince had attended a summit for leaders of 21 African countries in London hosted by Prime Minister Boris Johnson, a day after he spoke of his sadness that he would shortly be giving up royal duties.
The Duke also had a private, one-to-one meeting with Boris Johnson, understood to have been at the Prime Minister’s request.
The Duke and Duchess of Sussex are bowing out entirely from representing the British monarchy, in a crisis that has shaken the centuries-old institution.
Harry's departure for Canada will be deemed symbolic, coming just two days after Buckingham Palace announced that it was severing all official ties with the Sussexes.
On Sunday evening, the Duke gave an emotional speech at a charity dinner, revealing that he had never wanted to step so wholly away from his public duties but had been left with “no other option”.
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PARIS: Presidents Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on digital giants to the end of the year, postponing Washington´s threat of sanctions against Paris, a French diplomatic source said Monday.
The source said the French and US leaders, who spoke on Sunday, had agreed to give negotiations a chance to "find a solution in an international framework" and avoid "a trade war that will benefit no one".
Macron tweeted earlier Monday that he had had a "great discussion" with Trump on the issue. "We will work together on a good agreement to avoid tariff escalation," he said.
The White House said the two men spoke and "agreed it is important to complete successful negotiations on the digital services tax, and they also discussed other bilateral issues."
The dispute began last year when Paris approved a levy on up to three percent of revenues earned by technology companies in France, as international efforts dragged on to find a new model for taxing revenues earned via online sales and advertising.
Tech companies often pay little tax in countries in which they are not physically present.
Washington said the tax singled out US companies such as Google, Apple, Facebook, Amazon and Netflix, and threatened duties of up to 100 percent of the value of French imports of such emblematic goods as Champagne and Camembert cheese.
On January 7, the two sides gave themselves 15 days to reach a deal to avert the US threat of duties on up to $2.4 billion of French goods.
French Finance Minister Bruno Le Maire, who has been conducting intensive negotiations for the last several weeks, was less sanguine than Macron, describing the talks as "very difficult" earlier Monday.
Avoiding sanctions that could be announced as soon as Wednesday is "far from assured", he told French television LCI.
Le Maire is due to meet US Treasury Secretary Steven Mnuchin at the World Economic Forum meeting in Davos on Wednesday.
They are expected to continue talks seeking a negotiated agreement in the Organization for Economic Cooperation and Development (OECD).
"France is pursuing its objective of fair taxation on digital companies and finding a compromise within the framework of the OECD," the French presidency said on Monday.
France has said it would drop its tax if an international agreement is reached.
After blocking the OECD talks for several years, Washington relaunched them last year only to make proposals in December which France rejected.
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Sunday, 19 January 2020
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