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In the rapidly evolving landscape of the digital economy, businesses find themselves traversing uncharted waters, encountering new challenges in the realm of cross-border taxation. This blog sets sail to explore the complexities of cross-border tax challenges in the digital age and how the expertise of an international law firm and international lawyers becomes instrumental in…
Greece’s move against mass tourism and the increasing flow of cruise ships that dock at its shores will be finalized with the imposition of a €20 tax, which will initially apply only to the two islands, Mykonos and Santorini. The plan to impose the tax […]
TikTok made a last-ditch effort in the Supreme Court aimed at stopping the app’s ban that was set to take effect in a few days – but the platform’s arguments may have ‘failed’. Most justices appeared inclined to uphold a federal law that would ban […]
Greece’s move against mass tourism and the increasing flow of cruise ships that dock at its shores will be finalized with the imposition of a €20 tax, which will initially apply only to the two islands, Mykonos and Santorini. The plan to impose the tax […]
Culture Travel Greece’s move against mass tourism and the increasing flow of cruise ships that dock at its shores will be finalized with the imposition of a €20 tax, which will initially apply only to the two islands, Mykonos and Santorini. The plan to impose the tax […]
Culture Travel
TikTok, Reddit and Imgur are to be investigated by the UK’s data protection watchdog over how they use the personal information of teenage users. The Information Commissioner’s Office (ICO) said it wants to look into how video-sharing app TikTok uses information from users aged 13 […]
Technology
Skype – once the dominant video calling service – has announced that it will shut down for good. The service boasted more than 300 million users at its peak, but the most recent figures Microsoft shared were in 2023, when it said it had more […]
Technology
The UK competition watchdog has launched an investigation into tech giant Google. The company is being investigated for whether it has too much power in online search. Google accounts for 90% of online searches in the UK, and the Competition and Markets Authority is looking […]
Technology
TikTok made a last-ditch effort in the Supreme Court aimed at stopping the app’s ban that was set to take effect in a few days – but the platform’s arguments may have ‘failed’. Most justices appeared inclined to uphold a federal law that would ban […]
Technology USA
Girona is undoubtedly the nice surprise of La Liga as it now takes the sole lead in Spain. On Sunday night, they beat Barcelona 4-2 in a spectacular match from start to finish. Friends took advantage from the start with Dovbyk. However, Lewandowski quickly countered […]
Sports
Parents in Europe who have planned to buy their children a new cell phone or electronic device as a Christmas gift should think about an alternative solution as delays in the transport of goods from China are also threatening the holidays. Large container ships carrying […]
Business LifeStyleParents in Europe who have planned to buy their children a new cell phone or electronic device as a Christmas gift should think about an alternative solution as delays in the transport of goods from China are also threatening the holidays.
Large container ships carrying “gifts” or essential items for the festive season are experiencing weeks of delays in the Panama Canal, where the water level has dropped significantly, making their movement difficult.
Ships are now waiting a week or two in line instead of the eight to ten hours that used to be the norm.
That means shoppers waiting for new iPhones, TVs, exercise bikes, clothes and tree lights may not get them in time for Christmas.
According to Marine Traffic some 176 ships from China and the Middle East transited the Panama Canal this week, or 71 fewer than last year.
Some companies have paid as much as $4 million to move to the front of the queue and skip wait times, which estimated an overall average of 4.3 days on Nov. 7 to 11.7 days in December, according to data of the Panama Canal Authority.
Before the vital shipping route experienced delays, around 38 ships were crossing each day, but with the limited water level, only 24 ships have been able to cross each day since November 7.
Some ships are rerouting through the Suez Canal to avoid delays. One of them is London-based Slot-Nielsen, but the move is said to be charging customers the extra cost of the longer route, which takes 32 days.
The blockage in the channel could have a wider impact on the entire global supply chain, with experts also warning that Christmas in the UK and Europe will be significantly affected.
Marco Forgione, of the Institute of Export and International Trade, called the delays catastrophic. “There are goods that won’t be here in time for Christmas,” he told the Sunday Mirror.
The cost of food and energy prices could also rise because grain and fuel are among the other major supplies transported through the Panama Canal that are now experiencing delays.
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After many years of waiting, “Rockstar Games” has released the trailer of the long-awaited video game “Grand Theft Auto 6” (GTA6), and announced that the game will be released in 2025. To the rhythm of the song “Love Is A Long Road”, the first trailer […]
Technology
The volleyball match between Olympiakos and Panathinaikos on Thursday evening ended in the worst possible way.A policeman was seriously injured by the riots between the fans of the two teams that are permanent rivals. While the 31-year-old is fighting for his life, the police are […]
Sports
The path to the 2024 Copa America final has already been decided. The competition will take place between June 20 and July 14 in 14 American cities, as everyone tries to do their best to stop Argentina from winning the crown again. “Concacaf” national teams […]
Sports
The scenarios for the new year are ominous. According to the Doomsday Clock, the year 2024 will mark the end of humanity, writes the British newspaper “Mirror”. The clock with its hands hovering near midnight (the “Doomsday Clock”) is a symbolic device designed to warn […]
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The Greek football championship has been temporarily suspended due to a boycott by referees and delegates protesting the unsafe conditions they face during matches. Recently, Greek referees have often become the victims of fan attacks, as some of them have faced accusations of corruption and […]
Sports
The official match ball for Euro 2024 will reportedly have a microchip for 2-case understanding. The goal is to highlight the moments when the ball is touched by hand during the goal action and, of course, to detect the offside position. The margin of error […]
Sports
During Saturday afternoon’s Euro 2024 draw at the Elbe Philharmonic in Hamburg, Germany, UEFA officials were stunned as audio from erotic films played in the background. The presenters tried to continue the development of the draw as if nothing had happened, even though this audio […]
Sports
The International Football Association Board, which sets soccer’s rules, is preparing to take a step forward around the cards that referees can award. In fact, during the last meeting (ABM), the body gave the green light to the orange card testing phase for specific protests […]
Sports
