Babylon Reports – Zuckerberg grilled in hearing, KRG won’t impose alcohol tax, Barcelona out of Champions League
Written by Gabrielle Renaud on 2018-04-11
Facebook founder Mark Zuckerberg was in the hot seat yesterday as he spent 5 hours answering US senators question in the wake of the Cambridge Analytica data collection scandal. Mr. Zuckerberg said the company would learn from its mistakes and when pressed, the 33-year-old billionaire tech titan said he would welcome regulation, if it was the “right regulation.”
Meanwhile, the KRG says it will not immediately impose Baghdad’s 200 percent tariff on alcohol imports, saying a customs agreement must first be reached between the two governments. The KRG currently levies an 80 percent tariff on alcohol imports while the rest of Iraq imposes a 200 percent tariff making it hard for shops to stay open. Control over customs is one issue that remains unresolved between Erbil and Baghdad, which could cause problems for some businesses in Kurdistan.
Lastly, bye bye Messi as Italian football club Roma pulled off an astonishing comeback in their 3-0 UEFA Champions League quarterfinal win against Barcelona, knocking the Spanish giants out of the competition. The remaining two matches in the Champions League quarterfinal will be played today with Juventus hoping they can emulate fellow Italian club Roma and overturn their 3-0 first-leg loss to holders Real Madrid.