We are quietly witnessing the largest shift to austerity undertaken in this century. Debt-strained developing countries are making further cuts to already ragged budgets, in many cases as they battle to meet punishing new conditions demanded by the International Monetary Fund (IMF), which held its Spring Meetings last week in Washington DC.
Suddenly capital controls are back in the discussion. Read here
“Leading estimates show that profit shifting by multinational companies is responsible for tax revenue losses globally of $500 billion or more each year. Various document leaks, including the Paradise Papers and earlier LuxLeaks, have shown […]
Israeli leaders were reportedly caught off guard by Trump’s capitulation, which came as Ansarallah officials pledged to retaliate strongly for the destruction of Sanaa International Airport by Tel Aviv Read Article HERE
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