Poor, rich country

Poverty in America • Europe’s economic woes • Taxes in Japan and India • Corbyn breaks a record

FIFTY-FIVE YEARS since Lyndon Johnson, stooping on a porch in Inez, Martin County, Kentucky, declared a “national war on poverty”, America remains an outlier in international comparisons. When assessed on poverty—the share of families making less than 50% of the national median income after taxes and transfers—it is among the worst-performing in the OECD club of mostly rich countries. A special report in The Economist this week asks how one of the richest countries in the world can have so many poor people, and asks what can be done about it.

A survey this week revealed the extent of Germany’s economic angst. The purchasing-managers’ index, which gauges manufacturing activity, showed the sharpest decline since 2009. Many of Germany’s problems stem from supply disruptions at home. But Europe has suffered collateral damage in the trade war between America and China. So, with its largest economy languishing, and fears that trade headwinds might strengthen, economists are also lowering expectations for growth in the euro zone as a whole.

Comments

AIRBUS A380 CUSTOM ($500 MILLION) OWNED BY AL-WALEED BIN TALAL

Airbus A380 Custom ($500 million): This is the most expensive private jet in the world, owned by Al-Waleed Bin Talal from Saudi Arabia and a member of the Saudi royal family – House of Saud. Prince Al-Waleed bin Talal has the eighth-highest amount given to charity ($3.5 billion) among the greatest philanthropists. He’s the 50th richest man in the world. He has almost everything gold plated in the plane and comes with a solid gold throne in the middle. The jet is referred to as Kingdom in the Sky and comes with a Turkish bath, a garage where he can park his Rolls Royce and even a prayer room with electronic mat that automatically rotates to face Mecca.

10 BEST DISPOSABLE GLOVES FOR CORONAVIRUS

Note: When buying anything online, please exercise good judgment especially in case of buying anything for protection against coronavirus also known as COVID-19. Please refer to the CDC website for accurate information. As the reaches of Coronavirus continue to spread across the globe, so has the need for care in how one engages with the outside world. Health personnel most especially have started to employ more as they come in contact with different kinds of people every day. If you are not a doctor however but you work in a line where you come in contact with different people and surfaces, you also have to exercise extreme caution in order to protect yourself from contracting the highly contagious virus. To guarantee your safety from Covid-19 then, we bring you the top ten of one of the most essential PPEs you will need in this season, the disposable gloves. Here they are: 1....

What would you do if You were Lock In A Hut For 7 Days, And All You Have Is A Laptop, Internet And ATM Card?

72IG PROGRAM is the Answer. What is this Program? The 72ig program is a training program by Toyin Omotoso hosted on the Expertnaire affiliate platform that trains you on how to make at least N750,000 per month recommending valuable digital products to those in need of them. Toyin was trained alongside the likes of Akin Alabi, Ronald Nzimora, Patrick Ogidi, Fisayo Akinlolu, and more by Dr. Sunny Obazu-Ojeagbase, Toyin has made his mark as a successful internet marketer from Nigeria. Toyin Omotosho When you join Expertnaire via the 72ig program, you automatically join the 72ig Affiliate Marketing program, meaning that if you sell the same product you get 50% commission per sale while ordinary affiliates get just 30%. MORE THINGS TO KNOW ABOUT THE 72IG PROGRAM Price: You may be unlucky to get at N55,000, but N45,000 with a discount as found using the link below Pros : Created by a respected internet and direct response marketing expert with proven results. Concise, step-by-st...

My Story Articles

Search This Blog