Scrapping payments to wealthiest 5% to 10% would allow government to give more to people in greater need, says thinktank
Britain should stop giving the state pension to the rich and instead spend the money on benefits for the poor, according to the Organisation for Economic Co-operation and Development.
The Paris-based thinktank said that ending payments to the wealthiest 5% to 10% would allow the government to give more to people in greater need of support.
As Macau’s recovery roars ahead, big things are happening outside the global casino capital.
The bank’s boss says its “simple and low risk” business is able to cope with difficult trading.
MOSCOW/SEVASTOPOL, Crimea(Reuters) – Russia’s $1.3 billion plan to build two new power plants in Crimea aimed to show that Moscow could complete high-tech projects on the annexed peninsula despite Western technology sanctions.
AMMAN/BEIRUT (Reuters) – Syrian rebel and intelligence sources said Israel struck an arms supply hub on Thursday operated by the Lebanese Hezbollah group near Damascus airport where weapons from Tehran are regularly sent by commercial and military cargo planes.
That would also be the answer for India’s aviation sector. Make sure it’s safe through regulation and then leave it alone. And whatever you do don’t try price regulation for that can only lead to either dearth or surplus.
DORTMUND, Germany (Reuters) – For all its economic success, Germany has a growing problem with inequality and poverty, and yet Chancellor Angela Merkel seems to be deflecting the blame so far as the battlelines are drawn for elections in September.
For of course we can run this the other way around too. If farmers were all making good profits from farming then we wouldn’t be offering them subsidies, would we?
Edmund King hoping his ‘road miles’ allowance idea will win £250,000 award, which sought ideas from around the world on improving roads
A proposal from the boss of the AA for drivers to receive an annual “road miles” allowance is among the ideas shortlisted for a £250,000 competition to find new ways of funding the UK road network.
Edmund King, the president of the motoring organisation, has appeared on a shortlist of five entries to win the Wolfson Economics prize, this year awarded for ideas on how to fund better, more reliable roads.