Elon Musk's in trouble for another tweet — and this time, the Securities and Exchange Commission is seeking a ruling that revives the possibility he could lose his Tesla CEO job
Dramatic changes have swept the world since British voters decided in 2016 to leave the European Union. None of them could have been easily foreseen in 2016, but their occurrence makes avoiding a no-deal Brexit a matter of urgent national security for the UK
The world has witnessed many sharp economic declines over the years, but Venezuela’s is surely one of the worst to date. The country has experienced a loss of real (inflation-adjusted) GDP greater than that of most war-ravaged countries during World War II, and its inflation rate is expected to reach 10,000,000% this year. At well over 100 times the black-market rate, the official exchange rate depreciates so rapidly that a quote has lost its meaning by the time it is published
In the last few years, globalization has come under renewed attack. Some of the criticisms may be misplaced, but one is spot on: globalization has enabled large multinationals, like Apple, Google, and Starbucks, to avoid paying tax
We have entered the new era of absolute exchange of information between the tax authorities of different countries. In addition, soon certain information about taxpayers will be available in the public registry
After a long period of investment-driven growth, China is finally changing its policy playbook. Having recognized the costs of relying on excessive credit growth in the medium term, now it is emphasizing tax cuts, further market opening, and incentives to boost consumption over investment. This means accepting lower growth rates in the future.