If an ordinary Russian loses half of his pension or salary because of the fall in the rouble and inflation caused by the sanctions, then there is no recourse, no court where he can complain. On the other hand, if you want to deprive an oligarch with 100 million euros of half his fortune, then there are multiple procedures to challenge the decision, and very often you don’t pay anything.
Corruption
BBC: Ex-PM Borissov set to win Bulgarian election
And the losers are……the people of Bulgaria Read Here Photo: EPP at https://www.flickr.com/photos/45198836@N04/12978298614
Economics
PRIME: T. Sabri Öncü – Why are the long-term US Treasury yields falling?
First, let me answer the question in the title: I do not know because, according to conventional theories, when the realised and expected inflation rates are as high as they are in the United States […]
Economics
Nick Shaxson: Tax justice and the coronavirus
The Covid-19 Coronavirus pandemic is, at least on available evidence, striking rich western countries the hardest so far. Lower-income countries will be hit hard too, however: massive capital flight is already underway. And in all […]
Be the first to comment