Sky News published this video item, entitled “Ireland blocks President Biden’s global tax plans” – below is their description.
US President Biden’s radical plan for a global minimum corporation tax faces a significant road block: Ireland says its low tax rate is going nowhere.
Sky’s Data and Economics Editor Ed Conway speaks exclusively to the Irish Minister for Finance, Paschal Donohoe about his opposition to President Biden’s plans, the ongoing issues with the Northern Ireland Protocol and when he hopes border restrictions between the UK, Ireland, and the rest of Europe will lift.
Sky News YouTube Channel
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About This Source - Sky News
Sky News is a British free-to-air television news channel and organisation. Sky News is distributed via a radio news service, and through online channels. It is owned by Sky Group, a division of Comcast. John Ryley is the head of Sky News, a role he has held since June 2006.
Ireland is an island in the North Atlantic. It is separated from Great Britain to its east by the North Channel, the Irish Sea, and St George’s Channel.
Geopolitically, Ireland is divided between the Republic of Ireland (officially named Ireland), which covers five-sixths of the island, and Northern Ireland, which is part of the United Kingdom. As of 2016, 4.8 million people live in the Republic of Ireland, and 1.8 million live in Northern Ireland.
The Irish climate is influenced by the Atlantic Ocean and thus very moderate, and winters are milder than expected for such a northerly area, although summers are cooler than those in continental Europe. Rainfall and cloud cover are abundant.
A strong Irish culture exists, as expressed through Gaelic games, Irish music and the Irish language. The island’s culture shares many features with that of Great Britain, including the English language, and sports such as association football, rugby, horse racing, and golf.
Northern Ireland is variously described as a country, province, or region, which is part of the United Kingdom. Located in the northeast of the island of Ireland, Northern Ireland shares a border to the south and west with the Republic of Ireland.