According to Semafor, Klaus Schwab announced in an email to staff on Tuesday that he will step down as World Economic Forum Executive Chairman. ‘You’ll own nothing in retirement and be happy’… With the organization he started half a century ago earning close to $500 million in revenue in the fiscal
Afghanistan’s acting Industry and Trade Minister Nooruddin Azizi told Reuters that Russia and Afghanistan plan to build a logistics center for oil transit to South Asia, involving Kazakhstan and Turkmenistan, in its northwestern Herat province. Because of tensions with the West, it may be judged strategically unreliable to continue maritime
After Utah, Wisconsin, Nebraska, and Kentucky, Alabama became the fifth state to have passed legislation supporting sound money by abolishing income taxes on gold and silver. Today, Alabama took a significant step toward promoting sound money concepts when Governor Kay Ivey signed a law eliminating all income taxes on capital
The US Central Command has announced that it will be providing aid in the form of the Gaza Pier constructed with American taxpayers’ $350 million, and its pictures are now available. The Biden administration and the Pentagon both exude pride. However, the American taxpayer?… US Central Command declared on Friday
The US bid to crush Russia and China economically by sanctioning them has only driven them closer, with bilateral trade between the nations reaching a new record of $227 billion in 2023. Vladimir Putin arrived in Beijing on Thursday for his first international visit since beginning his new term as
Using data from the International Monetary Fund on Total IMF Credit Outstanding, the 10 countries most in debt to the IMF are listed here, with Argentina and Egypt topping the list. The International Monetary Fund (IMF), which was founded in 1944, offers financial assistance and policy recommendations to nations to
According to the Washington Post, EV charging stations cost US taxpayers $1 billion. However, after two years, only seven chargers and a meager 38 parking spaces have been built out of the allocated $7.5 billion. This is what people mean when they complain about paying taxes and the government being
According to a study by the International Monetary Fund published in The Journal of Economic Inequality, the top 10% are the main beneficiaries of globalization. The previous 50 years of economic globalization have resulted in a significant increase in the income of many people worldwide. These gains in income are
Pew Research reveals the top tax system frustrations among Americans, with most citing that the wealthy and corporations don’t pay their “fair share.” Pallavi Rao of Visual Capitalist has created a graphic that displays the results of Pew Research regarding the tax system’s top complaints among Americans. From March 27
