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US oil major sues EU over windfall tax

Exxon Mobil says the levy on excessive profits would not help lower bills for consumers US energy giant Exxon Mobil on Wednesday filed a lawsuit against the European Union, aiming to block the recently announced windfall tax on oil companies.

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US State Department’s new anti-China unit is a waste of time and resources

China House is another taxpayer-funded initiative designed to antagonize Beijing, instead of working on reconciliation for the common good The US State Department announced on December 16 the launch of a so-called ‘China House’ unit, an internal reorganization designed to help sharpen policymaking against Beijing, Washington’s primary geopolitical rival.

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Israeli parliament decides on new government

Israel’s parliament has voted in favor of a new government led by five-time Prime Minister Benjamin Netanyahu. Returning to power with the support of hardline Zionists, Netanyahu has promised to press ahead with Israel’s controversial settlement policy.

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