Turkish opposition lawmakers said the government was advancing an Islamist agenda after a law was passed banning all alcohol advertising together with night-time alcohol sales at stores. Local businesses and foreign investors expressed concern.
Turkey’s parliament approved a law banning retail alcohol sales at night and promotion of alcoholic drinks as opposition lawmakers accused Prime Minister Recep Tayyip Erdogan of pushing an Islamist agenda.
Kenya, East Africa’s largest economy, collected 15 percent less revenue than targeted in the nine months through March, indicating economic output slowed ahead of this year’s elections, Treasury data showed.
The European Union needs to step up efforts to fight tax evasion and coordinate policies to ensure equal opportunities to companies in the 27 member states, Finland’s Prime Minister Jyrki Katainen said.
U.S. Senate scrutiny of Apple Inc.’s tax strategies turned the spotlight on a unit with $30 billion in profit since 2009 that’s incorporated in Ireland, controlled by a board in California, and doesn’t pay taxes in either place.