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Three months of rolling rail strikes have started in France, in protest against reforms by French President Emmanuel Macron. Train services have been severely disrupted across the country. The Tuesday strike is the first day of the planned action, which will see rail stoppages on two days out of every five, until June 28, unless […]
IN THE political cacophony surrounding America’s new tax law, the voice of the private-equity industry has been muted. This is perhaps unsurprising. The industry has managed in large measure to retain its favourable tax treatment, despite a threat from President Donald Trump to close the “carried interest” loophole on which it had grown fat. So […]
DESPITE its oft-professed pro-market orthodoxy, America has always had an unusually large non-profit sector. Americans gave $ 390bn to charity in 2016, with the bulk of contributions coming from individual donors. Historically, revenues at non-profits tend to track GDP growth. The recent tax reforms imply that despite strong economic growth, charitable contributions in America are […]
IN THE political cacophony surrounding America’s new tax law, the voice of the private-equity industry has been muted. This is perhaps unsurprising. The industry has managed in large measure to retain its favourable tax treatment, despite a threat from President Donald Trump to close the “carried interest” loophole on which it had grown fat. So […]
DESPITE its oft-professed pro-market orthodoxy, America has always had an unusually large non-profit sector. Americans gave $ 390bn to charity in 2016, with the bulk of contributions coming from individual donors. Historically, revenues at non-profits tend to track GDP growth. The recent tax reforms imply that despite strong economic growth, charitable contributions in America are […]
Published time: 17 Nov, 2017 05:23 Thousands of people in some 170 French towns and cities took to streets on Thursday to denounce a controversial labor reform promoted by French President Emmanuel Macron as a way to reduce unemployment as part of his pro-business agenda. The law, bound to take effect by January 2018, gives […]
House Republicans have released their 2018 budget proposal, which they say will balance over the next decade by cutting billions in spending for programs such as Medicaid and Social Security while overhauling the tax code. On Tuesday, the House Budget Committee released their “Building a Better America” budget blueprint for the fiscal year 2018. The […]
Thousands of people flocked to the Polish Parliament building Sunday to voice opposition to the overhaul of the judiciary citing concerns that the new measures erodes judicial independence and encroaches on the rule of law. Activists brandished EU and Polish national flags chanting “shame, shame” and “in defense of the courts” as they descended onto […]
Thomson Reuters I just finished reading an illuminating article by Andrew Ross Sorkin on healthcare and it got me to thinking about a review of structural reforms by Dani Rodrik which encapsulates the problem with fixes to ‘competitiveness’. The message: target reforms like a laser or they won’t work. Let me start with Sorkin first. […]
Jean-Paul Pelissier/Reuters BERLIN (Reuters) – France must accelerate reforms and changes to tackle growing social and economic problems that are fuelling nationalism, populism and the rise of Marine Le Pen, leader of the far-right National Front, a top German official said on Tuesday. European Affairs Minister Michael Roth told German broadcaster SWR2 that he viewed […]
