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Per Reuters, the finance ministers of France, Germany, Italy and Spain have all signed a joint letter to the presidency of the EU (now held by Estonia) as well as the.

Update August 27th, 6:38pm: Per the AP, federal disaster declarations now indicate Harvey has affected at least 6.8 million people, or roughly one out of every four. BibMe Free Bibliography & Citation Maker - MLA, APA, Chicago, Harvard. Screen Grabs Fox News contributor Erik Rush calls for death of all Muslims. Fox says 120% of the American public believe scientists may have falsified global warming.

Hurricane Harvey's Fallout Continues With Nightmare Flooding in Houston Area. Just one day after Hurricane Harvey made landfall in southeastern Texas, historic flooding continued to wrack the city of Houston and surrounding areas. According to CNN, authorities said they have rescued more than 1,0. Houston area in the past 2.

Sunday. The Washington Post reported the National Weather Service’s Weather Prediction Service is “calling for an additional 1. Texas coast, including the Houston area, during the next several days, with isolated amounts possibly reaching 4. While the storm was reported to have killed at least one person as of Saturday, by Sunday, the Houston Chronicle reported the body count is suspected to have risen to five people.

Authorities urged residents to shelter in their residences, or even climb onto the roofs of their homes if they were flooding.“I know for a fact this is the worst flood Houston has ever experienced,” National Weather Service meteorologist Patrick Blood told the Chronicle. The National Hurricane Center’s Atlantic Operations division warned on Twitter “catastrophic and life- threatening flooding” will continue to be a concern in coming days, while storm surge in coastal areas “will be slow to recede due to the slow motion of Harvey and a prolonged period of onshore flow.” Per the Post, the worst flooding was near Houston Hobby International Airport on the southeast side of the city, where so much rain has fallen emergency services are overwhelmed and unable to effectively respond to some calls. Worse, Harvey will remain nearly stationary over Houston throughout the day, dumping two to four inches of rain an hour, while predictions suggest it may move back over the Gulf of Mexico and make a second landfall on Wednesday. This isn’t pretty—and, unfortunately, seems poised only to get worse in the coming days.

Update August 2. 7th, 6: 3. Per the AP, federal disaster declarations now indicate Harvey has affected at least 6. Texans. Estimates now project 5. Texas,” the AP reported. Watch Mountain Men Streaming. Watch The Final Online more. Houston Mayor Sylvester Turner defended his decision to recommend residents shelter in place, saying it would be impossible to direct the city’s 2.

If you think the situation right now is bad, and you give an order to evacuate, you are creating a nightmare,” Turner said. In mid- afterrnoon, the National Weather Service’s Weather Prediction Center tweeted, “The breadth and intensity of this rainfall are beyond anything experienced before. Catastrophic flooding is now underway and expected to continue for days.”Additionally, Gizmodo reader Michael Adams sent in photographs of what he said was the intersection of Highway 2. Mac. Gregor Way, located directly next to the Texas Medical Center, a large complex of hospitals and clinical facilities in Houston. It’s more or less totally flooded out—and the rain is projected to add to the floodwaters in coming days.[Washington Post].

European Finance Ministers Want to Force Tech Companies to Start Paying More Taxes. US tech giants like Google, Amazon, Apple and Facebook which do business in the European Union have long .. European operations through, uh, creative use of tax laws. That all might come to an end soon, if a group of member countries led by France is able to get their way. Per Reuters, the finance ministers of France, Germany, Italy and Spain have all signed a joint letter to the presidency of the EU (now held by Estonia) as well as the European Commission, saying the companies need to be taxed on total revenue rather than profits.“We should no longer accept that these companies do business in Europe while paying minimal amounts of tax to our treasuries,” the letter read. It proposed an “equalization tax” which would bring the companies’ tax rates in line with normal corporate rates, adding “The amounts raised would aim to reflect some of what these companies should be paying in terms of corporate tax.”Per the Financial Times, EU treaties require tax proposals to be approved with the unanimous support of all member countries—meaning any such measure would need to win over the countries doing the tax sheltering, like Luxembourg and Ireland. Cut- rate corporate tax rates are a way for those countries to attract revenue, though the end result is that large, profitable tech giants and other multinationals are able to pay next to nothing or even nothing in taxes in some of their markets.

Per the Financial Times, authorities believe the new approach could finally force the tech companies to shell out: A French government official said that a turnover tax, even levied at a low percentage, had the potential to deliver a tax take that was “orders of magnitude” higher than what European governments had managed to collect so far. It is envisaged that the tax could be set at somewhere between 2 and 5 per cent of turnover, the official said. This summer, Google’s parent company Alphabet managed to scrape by without paying a 1. France, the Guardian reported, after courts determined its use of an Irish subsidiary was legal. Apple was not so lucky in 2.

EU ordered it to pay some 1. Ireland, but it said it would appeal the decision. As the Times noted, rental app Airbnb paid less than 1. France, which might have set the tone for a wider crackdown on people using the service to rent out residences in Paris this summer. In August, it was revealed Amazon paid just £7.

UK in 2. 01. 6, despite in 2. UK sales—though the low total was partially driven by issuing shares to employees.[Reuters, Financial Times].