Prem Sikka explains how a company can make billions in profit, but book a loss at the end of the year, thus paying no taxes.
Read here
Prem Sikka: Here’s how Caffe Nero made £2bn in sales but didn’t pay a penny in corporation tax
Globalisation
Thomas Fazi: The dawn of the Brics world order
The advent of ‘Brics plus’ will have far-reaching consequences for the global system. In ‘Unherd’. Read the article HERE.
Economics
Ann Pettifor: On facing The Big Stick
South Africa as geopolitical victim of the US hegemon Read HERE
Economics
S & P Global: Decline in eurozone factory orders among sharpest on record in October
Key findings: HCOB Eurozone Manufacturing PMI at 43.1 (Sep: 43.4). 3-month low. HCOB Eurozone Manufacturing PMI Output Index at 43.1 (Sep: 43.1). Unchanged. October’s contraction in new orders among strongest ever recorded Read HERE
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