Tag: china

November 1, 2013 0

Hollande’s Tax Everything Plan Blows Sky High With Riots by Farmers; Hollande Backs Down on Ecotax, on a Tax on Savings, On Corporate Earnings;…

By News Desk

Bloomerg reports Tax Revolts Hit Hollande as Farmers, Soccer Clubs Protest . French President Francois Hollande’s taxes, among the world’s highest, have made strange bedfellows out of the country’s soccer clubs and farmers in Brittany. Revolts against a series of levies have erupted with protests by farmers in Brittany against a trucking tax on Oct

October 28, 2013 0

Pettis: "Abenomics Likely to Fail in Medium Term, Debt Matters"

By News Desk

Pettis: "Abenomics Likely to Fail in Medium Term, Debt Matters" Michael Pettis, at China Financial Markets , discusses Abenomics, Japan’s shrinking (for now) current account surplus, debt, and interest rates in an interesting email. From Pettis … Abenomics in Japan is likely to put upward pressure on the national savings rate in Japan (but not necessarily on the household savings rate).