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Germany looks into tax move on foreign internet firms: report

FRANKFURT: Germany’s finance ministry is looking into the possibility of a 15 percent special tax on online advertising revenue collected by foreign internet companies such as Google or Facebook from German operators, Wirtschaftswoche magazine reported on Friday. The ministry was in the early stage of studying such a move, the weekly publication added. This move could entail treating payments for online advertisements in the same way as license fee payments, which would make the German companies subject to withholding…

Franco-German treaty a step toward ‘European army’: Merkel

AACHEN, Germany: German Chancellor Angela Merkel said Tuesday that a new Franco-German friendship treaty was a step toward the creation of a future joint European army. Merkel said the pact aims to build a Franco-German "common military culture" and "contributes to the creation of a European army". Both Macron and Merkel have pushed the idea of a joint European Army for the bloc that would be part of the wider NATO alliance. US President Donald Trump late last year mocked both European powers by tweeting that "it…