Under an obscure piece of British tax legislation, anyone who lives in Britain but was not born there need only pay taxes on the small amount of money they bring into the country every year, and not on their worldwide earnings, according to Bloomberg News.
In effect, the tax status
Backed by the White House, corn-state governors and solid blocks on both sides of Congress’s partisan divide, the politics of bio-fuels could hardly look sunnier. The economics of the American drive to increase ethanol in the energy supply are more discouraging, says the New York Times.
American corn-based ethanol is expensive.
In unveiling his domestic reform, French President Nicolas Sarkozy called for “a new social contract” for France. His proposed revision of French socialist tradition is nothing short of revolutionary. His ability to deliver will make or break the Sarkozy presidency, says the Wall Street Journal.
Among Sarkozy’s proposed reforms:
Restrictions on
In dealing with global warming, the world needs to think more rationally about how to tackle the challenge, says Bjorn Lomborg, professor at Copenhagen Business School.
Take flooding, for example:
After the 2002 floods of Prague and Dresden, European leaders argued that the floods proved the need for Western governments to
Is there a bigger global warming villain than Jane Fonda, ask Stephen J. Dubner and Steven D. Levitt, the authors of “Freakonomics.”
“The China Syndrome” opened on March 16, 1979. With the no-nukes protest movement in full swing, the movie was attacked by the nuclear industry as an irresponsible act of
Ever since the 19th century territorial scramble for Africa, Africans have become used to Western intervention in their affairs. Decolonisation and independence was supposed to mark the end of this, and to a large extent, Africans govern their countries in a sovereign way. But long after the pith helmets and
