Greece’s Finance Ministry released a list of more than 4,000 tax evaders to the public on Sunday, as part of a name-and-shame policy that the ministry hopes will encourage more people to pay their taxes.
Among those who were publicly humiliated included numerous celebrities and high-profile businessmen who cumulatively, as the ministry claims, owe the state more than $19 billion in unpaid taxes.
Having a bad credit score can be detrimental to a person’s financial options. Imagine trying to apply for a personal loan or a mortgage, and being charged a higher interest rate, or worse still turned down completely, just because of your credit score. To have a bad credit score will just waste more of your money and make it harder for you to have access to money when you need it the most.
Apple has taken a huge step in education, with its aggressive promotion of iBooks. The element of technology could drastically revolutionize education, and as Apple claims, reinvent the textbook. But can it save education?
When Apple introduces a new product, people around the world sit up and pay attention. After all, Apple products have enjoyed great success in disrupting the way age-old industries operate. This time, Apple’s launch of iBooks could potentially spell the end of textbooks.
Japanese video game developer SEGA Corporation has created a brand new video game console called the “Toylet”, which it hopes to install in urinals all across the nation, whereby the strength and accuracy of a men’s pee are used to control the game, claimed a report by Reuters on Thursday.
Bonus day at Goldman Sachs is an intimate affair. Officially known as ‘Compensation Communication Day’, employees can expect to see their annual bonuses slashed by more than 20 percent. Should we feel sorry for them?
Goldman hasn’t had the best of years, but it is slowly working towards a recovery.
According to Reuters, the Bank’s fourth quarter profits fell 56 percent, mostly due to slipping trading and investment banking revenue.
The Big Mac Index is one of the most popular, but informal, ways of measuring global purchasing power parity. By comparing the cost of a Big Mac sold at a McDonald’s in two separate countries, one can supposedly measure whether a nation’s currency is currently under-or-over valued.
Wikipedia staged a 24 hour blackout yesterday, as did many other prominent websites on the Internet. What were they protesting? SOPA, that is. This infographic takes a look the world without Wikipedia – a world without information, without liberty in knowledge.
End piracy, not liberty. That’s Google’s battle cry against SOPA.
Whatever it may be, whether we blog about business, education, marketing, social media – SOPA affects us all. What is at stake includes censorship of your bookmarked website, and harmful regulation of American businesses.
What’s wrong with the United States’ economy? Ask a Harvard graduate and the answer would most likely describe the loss of the country’s competitiveness, especially against emerging Asian economies.
In a survey of 10,000 Harvard alumni, which incorporates the opinions of global executives in leadership and decision making roles, 71 percent of respondents expect U.S. competitiveness to weaken over the next three years, mostly because of the inability of U.S. firms to pay high wages and benefits.
17 state-owned companies in India have been told by their government to start investing in public infrastructure projects, said the Financial Times on Wednesday, after a series of political inaction, coupled with an exit of foreign capital, saw the nation’s economic growth rate decline from 9 percent to 7 percent last year.
Indonesia has finally regained its investment-grade rating from Moody’s Investors Services on Wednesday, more than 14 years after the Asian Financial Crisis compelled credit rating agencies to downgrade the country’s sovereign debt rating to junk status.
The decision by Moody’s comes after a similar rerating by Fitch Ratings last month, with most analysts expecting Standard & Poor’s to follow suit in the next couple of months as well.
