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Strengthening US Relations with ASEAN: A Critical Element of the US Indo-Pacific Strategy

By East-West Center HONOLULU (October 4, 2019)—President Donald Trump first laid out a vision for a “free and open Indo-Pacific” at the November 2017 Asia-Pacific Economic Cooperation (APEC) Summit in Vietnam. From the start, statements describing the emerging US Indo-Pacific strategy have recognized the central role of Southeast Asia. The US approach to the Indo-Pacific focuses on three vital areas: enhancing shared prosperity, championing good governance and civil society, and ensuring a peaceful and secure regional order. Two recent visitors to the East-West Center described the potential role of the 10-member Association of Southeast Asian Nations (ASEAN) in the US Indo-Pacific strategy and spelled out several steps that the United States needs to take to strengthen US-ASEAN...

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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Belt and Road Initiative: What’s in it for China?

By Anu Anwar HONOLULU (November 1, 2019)—Originally announced by Chairman Xi Jinping in 2013, the Belt and Road Initiative (BRI) aims to bolster China’s connectivity with the world. While the name Belt and Road Initiative implies two routes—a maritime road through the Indian Ocean and a land belt across Central Asia—in reality, BRI projects encompass multiple, interconnected global networks. The BRI combines old and new projects, covers an extended geographic region, and includes efforts to strengthen infrastructure development, investment, and cultural ties.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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Alpine Environments under Threat in Hawai'i and New Zealand

By Abby G. Frazier and Laura Brewington HONOLULU (November 11, 2019)—Of all the earth’s environments, alpine regions are arguably the most vulnerable to climate change. This is especially true for alpine areas on islands. Island ecosystems are also particularly vulnerable to damage from human activity and the invasion of alien species due to their isolated and limited land areas.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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Alliances Under Stress: South Korea, Japan, and the United States

By Marcus Noland HONOLULU (November 19, 2019)—Rising diplomatic tensions between South Korea and Japan are putting American security interests at risk. Yet the United States government appears detached, unable to facilitate a rapprochement between its two allies. This is a critical moment because a South Korea-Japan intelligence-sharing agreement, aimed at North Korea, is due to lapse on 22 November this year.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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Can Technology Offset the Effects of Population Aging on Economic Growth? New Report from the Asian Development Bank

By East-West Center HONOLULU (March 27, 2020)—Population aging is affecting countries all across Asia. This ongoing demographic transition will leave many of the region’s economies increasingly dependent on an aging, and eventually a shrinking, workforce. Economists disagree, however, on whether population aging will necessarily lead to a slowdown in economic growth.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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New Findings on Links between Urban Expansion and Viral Disease in Vietnam Offer Lessons for COVID-19

By James H. Spencer, Sumeet Saksena, and Jefferson Fox HONOLULU (1 April 2020)—The current COVID-19 pandemic, which started in Wuhan, China, underscores what the public health community has warned about for more than two decades—the risk of viral diseases capable of spreading from animal to human hosts. The first outbreaks of “bird flu” (highly pathogenic avian influenza―HPAI, subtype H5N1) raised similar concerns 20 years ago―concerns that have persisted with the outbreak of SARS in 2002–2004 and COVID-19 today. New outbreaks of avian influenza are also still occurring in poultry and humans, primarily in Asia but also in other parts of the world.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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New Technologies and New Modes of Production Disrupt China's Automotive Industry

By Boy Lüthje HONOLULU (6 April 2020)—The development of electric and self-driving vehicles is bringing on a massive restructuring of the global automotive industry. Emerging forms of new and shared mobility undermine the very model of private car ownership that has underpinned the automotive industry since the days of Henry Ford.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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The Impact of AI on Nuclear Deterrence: China, Russia, and the United States

By Lora Saalman HONOLULU (14 April 2020)—Artificial intelligence (AI) is an increasingly important component of weapons systems, with both positive and negative implications for nuclear deterrence. Integration of AI into military platforms has the potential to allow weaker nuclear-armed states to reset the imbalance of power, but at the same time it exacerbates fears that stronger states may further solidify their dominance and engage in more provocative actions.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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Japan and South Korea: Two "Like-Minded" States Have Mixed Views on Conflicts in the South China Sea

By Rebecca Strating HONOLULU (24 April 2020)—Many argue that China’s increasingly aggressive posture in the South China Sea is an attempt to unilaterally alter the US-led regional order, which includes an emphasis on freedom of navigation. In response, the US has stressed the importance of support from “like-minded” states—including Japan and South Korea—in defending freedom of navigation in the South China Sea and elsewhere. This characterization, however, disguises important differences in attitudes and behavior that could hinder joint efforts to push back against China.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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An Aging Population in Asia Creates Economic Challenges

By Andrew Mason, Sang-Hyop Lee, and Donghyun Park HONOLULU (8 May 2020)—Elderly populations in Asia are expanding more quickly than other age groups. Low fertility rates result in fewer children and eventually fewer working-age adults, while elderly populations are living longer.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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Continental Resources Declares Force Majeure And Goes Into Hibernation





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Briggs & Stratton: Buy The Senior Unsecured Bonds And Short The Stock Ahead Of Potential Refinancing



  • BGG
  • Double S Capital
  • SA PRO Editors

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Pure Cycle: Dramatically Undervalued Water Rights And Growing Business - Behind The Idea



  • PCYO
  • SA PRO Interviews
  • SA PRO Editors
  • Safety In Value

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An Update On The KCBT-CBOT Wheat Spread And What It Is Telling Us About The Price Of The Grain





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Realty Income: Taking Nothing For Granted



  • O
  • Williams Equity Research


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I Have Doubts That Peabody Energy Corporation Can Survive




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PerkinElmer: The Market Completely Missed The Transformation



  • PKI
  • Belgian And Bullish

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Medical Properties Trust: Oversold And Still Growing




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Northrim: Buy This Alaskan Bank At A Steep Discount - Behind The Idea




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2020 Luxembourg budget draft law: Tax rulings granted before 2015 are no longer valid!

In Brief: According to the 2020 budget draft law n°7500, published on 14 October 2019 (the “Bill”), the validity of advance tax agreements (“ATAs”) granted prior to 1 January 2015 should now be limited to five years. Sinc...




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Brexit Briefing: Cross Border Employees and Social Security Contributions

  1. Brexit Implications for Social Security Contributions 1.1 If the UK leaves the EU there may be social security implications for UK employers who have employees working in the EU, EEA or Switzerland. If there is a no deal Brexit then action...




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VAT and Operators of ATMs

  The recent Court of Justice decision in Finanzamt Trier v Cardpoint GmbH (Case C-42/18), released on 3 October 2019, has decided that operators of automated teller machines (“ATMs”) must now charge VAT on their fees for services t...




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German tax refund opportunity

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Crypto Tax Update: HMRC Publishes Guidance on the Taxation of Cryptoassets for Businesses

  Summary On 1 November HMRC published its much anticipated guidance on the taxation of cryptoassets for businesses. The guidance sets out HMRC’s view on the taxation of transactions involving cryptoasset exchange tokens (such as Bitcoin)...




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Six highlights of DAC6 – A new European Union information reporting regime

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Italian Digital Service Tax

Italian Digital Service Tax        The Italian 2020 Budget Law (re-)introduced a unilateral Digital Services Tax (“DST”), effective as of January 1st, 2020, that is simi...




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Crypto Tax Update: HMRC publishes updated guidance on the taxation of cryptoassets for individuals – situs of exchange tokens

  What’s new? On 20 December 2019, HMRC published an updated version of its guidance on the taxation of cryptoassets for individuals. The guidance was updated to include a new section in respect of the location (situs) of exchange tokens ...




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EU “blacklist”, Cayman Islands and DAC6

On 18 February 2020, the Council of the EU added the Cayman Islands, along with Palau, Panama and Seychelles to its list of non-cooperative jurisdictions for tax purposes. These territories join eight other jurisdictions (namely, Fiji, Oman, Samoa,...




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Coronavirus - Tax Developments - Germany

  German Finance Ministry Offers Protective Shield and Other Special Tax MeasuresMarch 13, 2020 The German Finance Ministry announced an unlimited protective shield for all companies in Germany. Pro...




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Coronavirus - Requirements for granting tax relief - Germany

Corona tax deferrals in the light of the applicable law Since the publication of the guideline from the German Federal Ministry of Finance ("Bundesfinanzministerium", BMF) published 19 March 2020 (cf. our ...




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Coronavirus - Import duty and VAT on medical supplies, equipment and protective clothing - Europe

In order to help in the fight against COVID-19, the European Commission has adopted a Decision, addressed to the Member States, which allows for tax authorities across Europe to offer import tax reliefs to importers of personal protective equipment ...




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Coronavirus - Guidance on corporate residence and permanent establishments – UK

In the midst of the current COVID-19 pandemic, businesses have been faced with a series of international tax questions on residence, permanent establishments and taxing rights of employee income. The general ambiguity of some of these tests does not...




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Coronavirus - (Real Estate) investment funds in the Corona crisis: Liquidity risks through regulatory and tax provisions - Germany

No support in the Corona crisis... The measures already initiated by the German Federal Government and the EU Commission to support and secure liquidity in the Corona crisis are focused on the industries directly affected by Corona/ COVID 19. They ...




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Coronavirus - Tax relief measures for volunteers and donations – Germany

Tax relief for volunteers and donations in the Corona crisis The Corona crisis poses enormous challenges for the whole society. In order to mitigate the spread of the pandemic, a wave of helpfulness and solidarity has been raised to assist the fello...




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Tax residence and permanent establishments in the time of Covid-19

Where do I lay my hat? Tax residence and permanent establishments in the time of Covid-19 Read the article here > This article was first published in Taxation on 9 April 2020....




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Coronavirus - DTA Luxembourg and DTA Netherlands – Cross-border commuters (“Grenzpendler”) working in their home offices - Germany

German-Luxembourg cross-border commuters Luxembourg and Germany have concluded a mutual agreement (Verständigungsvereinbarung) for Covid 19 related home office activities (für Corona bedingte Home Office Tätigkeiten) on 3 April 2020,...




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Coronavirus – Austria and German agreement on tax treatment of home office working - Germany

In line with the Federal Ministry of Finance's press release dated 3 April 2020, Germany and Austria have concluded a mutual agreement for Covid 19-related home office activities on 15 April 2020, which relates to the application of the Double Tax ...




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Coronavirus – Extension for filing of preliminary wage tax returns – Germany

Relief through extension of filing deadlines for employers in the Corona crisis In a letter dated 23 April 2020, the Federal Ministry of Finance has provided tax relief by extending the filing deadlines for preliminary wage tax returns (Lohnsteuer-A...




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Coronavirus - Flat-rate carryback for expected losses – Germany

Retroactive reduction of advance tax payments for 2019 ... Due to the coronavirus crisis, many taxpayers can expect their income to collapse considerably in 2020, leading to losses that can be offset against tax payments. Such losses can be off...




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UK tax authorities issue draft guidance on DAC6 amidst further calls for postponement of measures

As part of the EU’s general clampdown on certain forms of aggressive tax planning, Directive 2011/16/EU (commonly known as DAC6) will soon require taxpayers and intermediaries across the EU to start reporting information in relation to certain...




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Coronavirus – Changes in the customs regulation and the EAEU – Russia

Due to COVID-19 pandemic, Russia and the EAEU1 have adopted a number of customs regulation measures aimed at stimulating the importation of necessary goods to Russia and the EAEU, mainly through tariff regulation measures as well as restricting the ...




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HR e-briefing 397 - EU agrees major changes to European Works Councils

The European Parliament agreed to a new 'recast' version of the European Works Council (EWC) Directive on Monday 15 December and this was confirmed when MEPs voted in favour on Tuesday 16 December. The recast EWC Directive is now expected to be...




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Foreign worker protests and EU labour law

Article 49 of the EC Treaty prohibits restrictions on the freedom to provide services within the EU; Article 43 similarly prohibits restrictions on the freedom to establish businesses. Together with a prohibition on the grounds of nationality, these...




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Service provision change under TUPE

Since the 2007 decision of the Reading Employment Tribunal in the case of Hunt v (1) Storm Communications Ltd (2) Wild Card Public Relations Ltd and (3) Brown Brothers Wines (Europe) Limited it has been understood that the provision of professional ...




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New European Works Council legislation: what will it mean in practice?

The Government has responded to the 2009 European Works Council (EWC) Directive by publishing draft implementing Regulations and stating their intention to finalise them in 2010, but delay implementation until 5 June 20...




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Eversheds' HR e-briefing 468 - Temporary cap on non-EU migration and launch of consultation on permanent annual cap

On Monday, the Home Secretary, Theresa May, launched the consultation document for the proposed permanent annual limit on non-EU economic migration. At the same time, details of a temporary limit to operate in the interim period until April 2011 wer...




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Practical Implications of RMT v Serco Ltd and Aslef v London & Birmingham Railway Ltd

Introduction

Full Article