The World This Week: 27th February
Curious?
Global Wealth Tax: A Potential $2 Trillion Boost for Climate Action
Governments worldwide could raise over $2 trillion by adopting Spain’s wealth tax model, according to the Tax Justice Network. This additional revenue could play a crucial role in funding climate transition initiatives. The concept of […]
Consumer and Business Behaviour
Kentucky Bourbon Industry Braces for Potential 50% EU Tariff
Kentucky’s renowned bourbon industry is under threat of a substantial 50% tariff on exports to the European Union. This looming tariff, a potential outcome if the Biden Administration and EU do not finalize a trade […]
Basic Economic Concepts
World’s major economies to release oil reserves to lower soaring oil prices
In an attempt to lower the price of oil the US is leading an international effort of other major economies to release oil reserves. The price of crude oil reached a 7-year high of $81.93 […]