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FOR a man who claims to lack expertise in the field, Bruce Bueno de Mesquita, an academic at New York University, has made some impressively accurate political forecasts. In May 2010 he predicted that Egypt's president, Hosni Mubarak, would fall from power within a year. Nine months later Mr Mubarak fled Cairo amid massive street protests. In February 2008 Mr Bueno de Mesquita predicted that Pakistan's president, Pervez Musharraf, would leave office by the end of summer. He was gone before September.
MADRID, 22 Jul. (EUROPA PRESS) - Un estudio realizado por el grupo Tax Justice Network ha revelado que existen entre 17 y 26 billones de euros escondidos en paraísos fiscales, que habrían aportado 230.000 millones de euros en concepto de recaudación por impuestos.
Mongolia is part of a new class of countries that, like the Middle Eastern states that got rich selling oil to the West, have hitched their economies to resource-hungry China. A tourist stands at Sükhbaatar Square, in the Mongolian capital of Ulan Bator. (Wikimedia).
Most of what you learned growing up about money, income, and wealth are not true. This is understandable - think about whom you first learned them from (odds are good, it was from those who were not rich themselves). From confusing high incomes with wealth to not knowing the importance of tax asset placement when choosing your investments, after reading this special, it might make more sense to you why some professional athletes making $20 million a year quickly go bankrupt, while a bus driver can retire a multi-millionaire and have no financial worries.
Does the World Economic Forum represent the world? THE World Economic Forum's annual shindig begins on January 26th in the Swiss ski resort of Davos-Klosters. Now in its 30th year, the invitation-only event is a forum for around 2,000 delegates to discuss and even remedy the world's ills, twice as many as came in 2001.
Currency changes affect you, whether you are actively trading in the foreign exchange market, planning your next vacation, shopping online for goods from another country—or just buying food and staples imported from abroad. Like any commodity, the value of a currency rises and falls in response to the forces of supply and demand. Everyone needs to spend, and consumer spending directly affects the money supply (and vice versa). The supply and demand of a country’s money is reflected in its foreign exchange rate. When a country’s economy falters, consumer spending declines and trading sentiment for its currency turns sour, leading to a decline in that country’s currency against other currencies with stronger economies.
Página escrita y mantenida por Juan Carlos Barba. Hazte amigo del autor en Facebook y comparte sus inquietudes por la economía española. También puedes acceder a su blog y escuchar sus debates económicos en la radio Rendimiento bono española 10 años: 5,07% (última actualización >30/3) Rendimiento bono alemán a 10 años: 1.50% (última actualización 8/3/2) Spread de nuestra deuda: 357 pb
Greek Debt Crisis
The development battery technology is key in a race for the electric car market. Photograph: Miguel Medina/AFP/Getty Images Nicolas Sarkozy ordered the country's intelligence services to establish whether China is behind alleged industrial spying at the car-making giant Renault . A source at the Elysée palace said secret services were "investigating a Chinese link" in the scandal after the company suspended three senior executives for allegedly committing "very serious faults".
Much ink has been spilled on the perils of allowing some companies to become “too big to fail.” This assumes that governments, hence taxpayers, must foot the bill when these Top Dogs become seriously ill, while reinforcing a view that the Top Dogs, whose failure might do systemic damage, should be heavily regulated to mitigate the damage that they might cause. The flip side of this view receives scant attention: companies can become “too big to succeed.”
Cuando un Gobierno sube el IVA, las empresas tienen tres opciones: subir los precios en consonancia con el incremento del impuesto; mantener el coste para el cliente y sacrificar parte de los beneficios para asumir esa mayor presión fiscal o repartir la carga de la subida entre compañía y comprador. Esa es la disyuntiva ante la que se encuentran las empresas españolas desde que el Gobierno subió el impuesto sobre el valor añadido (IVA) la semana pasada , del 18% al 21% el tipo general y del 8% al 10% el reducido. El problema es que hay una ristra de sectores que han saltado de un tipo al otro, con lo que su gravamen ha crecido de golpe 13 puntos (del 8% al 21%), como ocurre con cines, peluquerías o servicios funerarios.
Un banco francés de hace 375 años perdona las deudas a los más pobres de París. Al igual que Francia esta siendo castigado por un excesivo endeudamiento nacional con una rebaja de la deuda soberana, miles de afortunados del pueblo francés tenía sus obligaciones financieras perdonadas después que el mayor banco del país decidió eliminar simplemente su deuda e hizo borrón y cuenta nueva. Pero claro, la cuantía es pequeña. Los 3.500 clientes que se beneficiaron de la generosidad del banco tenían deudas por 150 euros o menos (unos US $ 190) con el Crédit Municipal de París, también conocido como el “Mont-de-piété,” el banco de los pobres, que durante siglos ha permitido a los necesitados obtener préstamos y microcréditos.
Posted at 09:53 AM ET, 05/24/2011 May 24, 2011 01:53 PM EDT TheWashingtonPost Hackers said they breached the Japanese site to embarrass Sony.
Markus Schreiber/AP Photo German Chancellor Angela Merkel delivers her speech on a congress of Germany's Sustainability Council in Berlin on June 25, 2012. Merkel spoke about the necessity of sustainability not only in environment policy also sustainability in economic development and policy. Chancellor Angela Merkel hardened her resistance to euro-area debt sharing to resolve the region’s financial crisis, setting Germany on a collision course with its allies at a summit of European leaders this week. June 25 (Bloomberg) -- Steven Englander, head of Group of 10 currency strategy at Citigroup Inc., talks about the outlook for the euro, this week's summit of European Union leaders and European Central Bank policy.
Twitter mood predicts the stock market with 86.7% accuracy Some people think Twitter is about sharing pointless little messages or about self promotion. However, there’s more to Twitter than this! Whilst a study by Pear Analytics in 2009 estimated that 40% of Twitter messages are just 'babble', this means that 60% isn't.
When I was in year 10, my whole year group got carted off to a huge Career Expo in the hope that we would all magically discover the job we were destined for. As I walked around, I was drawn to nothing. Well, not nothing exactly, there were lots of handsome private school boys to look at, and they were far more interesting than the desks full of free stickers from the Health Department. So, rather than using the opportunity to dig deep and research potential careers, I decided I knew exactly what I was interested in and headed straight for the Defense Force display. I squeezed through the throngs of blazered boys toward the front of the desk where a defence force guy was speaking about all the cool things you got to do in army training.