Economics
Preferential tax policy in China for the purchase of new energy vehicles
China will extend its preferential tax policy for the purchase of new energy vehicles until it ends in 2027, according to industry officials. The tax incentive fully covers electric, hybrid and fuel cell vehicles. New energy vehicles sold between 2024…
Increase in Bangladesh’s garment exports of earnings bears ‘good news’ at this time of dollar shortage: The initiative must be continued
Export earnings are very important in the overall progress of the country. If export earnings increase and this trend continues, it is very promising. The Export Promotion Bureau (EPB) has released country-wise export data for July-April of FY 2022-23. During…
Are We Living Through a De-Dollarization?
De-dollarization is apparently here, “like it or not,” as a May 2023 video by the Quincy Institute for Responsible Statecraft, a peace-oriented think tank based in Washington, D.C., states. Quincy is not alone in discussing de-dollarization: political economists Radhika Desai and…
The Growing Positive Collective Effect, Your Money and Nuclear Weapons
As this report wraps, the Golden Rule has sailed into the horror we have created, Groton-New London, Connecticut, where sixteen of our newest nuclear powered and nuclear weapon carrying submarines are being assembled. Just one of these omnicidal subs…
EU-Mercosur agreement still at a standstill, but can still be concluded by 2023
The agreement signed in 2019 must be ratified by all countries involved. Negotiations have been dragging on since 1992. The meeting between Brazilian President Luiz Inácio Lula da Silva and European Commission President Ursula von der Leyen on 12 June…
Getting Social Security on a more stable path is hard but essential – 2 experts suggest a way forward
Social Security is in trouble. The retirement and disability program has been running a cash-flow deficit since 2010. Its trust fund, which holds US$2.7 trillion, is rapidly diminishing. Social Security’s trustees, a group that includes the secretaries of the departments…
The threat of para-state power called international banking
From the spheres of the Chilean political elite, signals are being raised announcing a world financial crisis, which will deal a hard blow to the domestic economy, which is already in the midst of a period of unstoppable rises and…
An energy deal will usher in new avenues in Dhaka-Kathmandu relations
Energy cooperation between Nepal and Bangladesh is one of the most promising areas of cooperation. Plans to make power an exportable good are outlined in Nepal’s 15th Five-Year Development Plan (2019-2024). Nepal plans to grow its 1,250 MW of electricity…
Partnership to galvanize trade on a huge scale
The China-Central Asia Summit held on Thursday and Friday in Xi’an, Shaanxi province, an event of striking symbolism, has taken the development of the China-proposed Belt and Road Initiative to a higher stage. By William Jones The city of Xi’an,…
The Crisis (or Crises) of Civilization
Recently the Polish sociologist Krzystof Wielicki has made a case for regarding the democracies of the world as in a civilizational crisis. Somewhat less recently, Susan Strange of the London School of Economics proposed the idea that in our times…
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