“Globalisation has failed to create a level playing field in trade, investment and corporate behaviour, being one of the factors contributing to a backlash against openness in many countries and a decline in confidence in government institutions. Only by stepping up international co-operation and improving and ensuring global markets, companies and institutions play according to the same rule book can productivity growth be restored, excess capacity avoided and public confidence improved, according to a new OECD report. The OECD Business and Finance Outlook 2017 says that strengthening global governance and co-operation on corporate and financial issues involves establishing “rules of the game” which are both fair and perceived by all to be fair ...
paper - Tax Evasion and Inequality by economists Annette Alstadsæter, Niels Johannesen and Gabriel Zucman has re-ignited popular attention to tax evasion and inequality
We all whinge when we receive that electricity bill but household prices could fall by hundreds of dollars under a chief scientist's plan to drive down costs. Could the Finkel review into Australia's energy sector end the wars over climate policy?
Trump Using Failed Australian “Asset Recycling” to Justify Mass Privatizations
ATO released a report into the systems outages it experienced in December 2016 and February this year. This report incorporates findings from ATO internal review, as well as technical advice and a separate report prepared by independent expert reviewers
ATO to rebuild internal IT in wake of storage outages
HPE ignored SAN failure warnings at Australian Taxation Office, had no recovery plan
Problems flagged months before HPE hardware failure hit ATO systems
Kabul truck-bomb death toll rises to more than 150 France24
Nuclear Pakistan Sees the Saudi Game Against Qatar and Iran and Says, ‘No, Thanks’
Saudis issue 24hr Ultimatum for Qatar to comply to 10 demands, or else… MINA (the Republic of Macedonia’s news service). These are the 10 Saudi demands, at least according to Al Jazeera’s Faisal Edroos:
1. Immediately break diplomatic relations with Iran.
2. Expel all Hamas members.
3. Freeze bank accounts of Hamas members and stop dealing with them.
4. Expel all Muslim Brotherhood members from Qatar.
5. Expel anti-GCC elements.
6. End support of ‘terrorist organisations.’
7. Stop interfering in Egyptian affairs.
8. Cease broadcasting the Al Jazeera news channel.
9. Apologise to all Gulf governments for ‘abuses’ by Al Jazeera.
10. Qatar must pledge that will not carry out any actions that contradict the policies of the GCC and adhere to its charter.
Sounds rather like the demands the Austrians made of the Serbs in July 1914.
|ANALYSIS. DONALD Trump's fate now rests with a tribunal where he can't bully and exhaust participants with his money. Mr Trump was one of the most litigious business operators in New York and was merciless in grinding down opponents and prolonging ...|