Economy

From The Caucasus To The Balkans, China’s Silk Roads Are Rising
realnews.today
With its focus on Central Asia and Eastern Europe, the Belt and Road Initiative can be seen as fulfilling a strategy of challenging the West that can be traced back to Mao... The 19th Chinese Communist Party Congress made it clear that the New Silk Roads ...[Read more]
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GOP eyes post-tax-cut changes to welfare, Medicare and Social Security
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High-ranking Republicans are hinting that, after their tax overhaul, the party intends to look at cutting spending on welfare, entitlement programs such as Social Security and Medicare, and other parts of the social safety net. House Speaker Paul D. Ryan ...[Read more]
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Social mobility isnt enough – a Labour government would tackle inequality
realnews.today
“Britain is a deeply divided nation.” Thus begins the government’s own Social Mobility Commission report this week. The gap between the rich and everyone else is growing at an alarming rate. While the majority of people have had to endure pay cuts, ...[Read more]
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BRICS Gold Trading System Poised to Reduce US Dollar Dominance
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First deputy chairman of Russia’s Central Bank – Sergey Shvetsov has recently announced that BRICS countries are mulling the creation of a unified gold trading system. And as David Gibson, Managing Director at GoldVu Investment Company, told Radio Spu ...[Read more]
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Monetary Imperialism
realnews.today
In theory, the global financial system is supposed to help every country gain. Mainstream teaching of international finance, trade and €œforeign aid€ (defined simply as any government credit) depicts an almost utopian system uplifting all countries, ...[Read more]
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Four million young people were homeless last year. Four million.
realnews.today
Nearly 4.2 million kids and young adults without a parent or guardian are homeless across the United States over the course of a year. A new study from the University of Chicago revealed the startling statistic this week, focused specifically on homeless ...[Read more]
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A millionaire explains why he wants to pay more taxes
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Middle-class voters are in agreement with a surprising group of people: millionaires. Since 2010, a group called Patriotic Millionaires has fought for the closure of a number of tax loopholes and workarounds that allow people like them to pay less while t ...[Read more]
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€˜Moral crisis:Gates, Buffett & Bezos richer than poorest half of America combined
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The three richest people in the United States – Bill Gates, Jeff Bezos, and Warren Buffett – have a total wealth that exceeds the savings of America’s poorest 160 million, a new study shows. The three billionaires are sitting on a combined $248.5 b ...[Read more]
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Paradise Papers leak reveals secrets of the world elite’s hidden wealth
realnews.today
The world’s biggest businesses, heads of state and global figures in politics, entertainment and sport who have sheltered their wealth in secretive tax havens are being revealed this week in a major new investigation into Britain’s offshore empires. T ...[Read more]
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Republican Plan Delivers Permanent Corporate Tax Cut
realnews.today
Republican lawmakers unveiled a sweeping rewrite of the tax code on Thursday, outlining a $1.5 trillion plan that will deliver a significant tax cut for corporations and more modest savings for middle-class families while tilting the United States closer, ...[Read more]
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Politicians from both right and left could learn from the Nordic countries
realnews.today
The four main Nordics—Sweden, Denmark, Norway and Finland—are doing rather well. If you had to be reborn anywhere in the world as a person with average talents and income, you would want to be a Viking. The Nordics cluster at the top of league tables ...[Read more]
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