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Asian stock markets fell on Tuesday, tracking sharp declines seen in Europe and the US on Monday that were triggered by fears that rising Covid cases will hamper economic recovery.

🔎 Childish Gambino’s Legal Issues

💡 The increasing trend of music-related copyright infringement lawsuits has had artists like Ed Sheeran, Katy Perry and Nicki Minaj entangled in legal issues. Most recently, Donald Glover, better known as Childish Gambino, has been caught in the latest outbreak of musical copyright claims. Rapper Kidd Wes (Emelike Wesley Nwosuocha) is claiming that Glover’s 2018 Grammy-winning “This Is America” has “substantial similarities” to his lesser-known single “Made In America”.

💡 The goal of copyright law is “to promote the progress of science and useful arts, by securing for limited times to authors and investors the exclusive right to their respective writings and discoveries.” Thus, the law should incentivise the creation of art, literature, music, and other works of ownership.

📝 Written by Julia Krupinska

⬇️ Click on the link below for more:

https://www.relawding.com/childish-gambinos-legal-issues/

Childish Gambino’s Legal Issues - Relawding The increasing trend of music-related copyright infringement lawsuits has had artists like Ed Sheeran, Katy Perry and…

🔎 G7 Reach Agreement on International Tech Tax

💡 The G7 countries have agreed on the frameworks for a new international tax to curb loopholes used by multinational companies to avoid taxes. These loopholes are notoriously used by some large global tech firms, and allow them to avoid paying tax where they operate and instead register it where there might be a lower tax level, such as the Republic of Ireland or the Cayman Islands.

💡 Furthermore, the G7 has not agreed on (or at least shared) the details of any plans. It is not clear if the tax will apply to all companies, or only ones large enough to pass a threshold. Or, where all of the tax would be paid, and the nuance of who would collect and benefit from tax revenues the most. If the plans are unfairly skewed towards the G7 countries, the G20 or all other 139 countries of the OECD might have genuine opposition to the plans.

📝 Written by George Tyler

⬇️Click on the link for more;

https://www.relawding.com/g7-reach-agreement-on-international-tech-tax/

G7 Reach Agreement on International Tech Tax - Relawding The G7 countries have agreed on the frameworks for a new international tax to curb loopholes used…