Eric Pichet News Today

(Bloomberg) -- A shakeup at China’s central bank has poured cold water on speculation that the nation may be about to loosen a ban on digital-asset trading.Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandBridgewater’s Greg Jensen Sees a ‘Bad’ Outlook for Bonds and StocksMusk, Zuckerberg Lead a $852 Billion Surge ...

Shake up at China central bank pours cold water on speculation the nation may be about to loosen a trading ban. Read more at straitstimes.com.

Pan Gongsheng, a well-known critic of Bitcoin (CRYPTO: BTC), Ether (CRYPTO: ETH) and other cryptocurrencies, has been appointed as the leading official of the People's Bank of China (PBOC) by the Commu

Oxfam's heroic plan would have devastating consequences for the wider economy, making everyone poorer, not just the rich

Countries must remain free to refuse the edicts of global institutions of "government" like the World Bank of the IMF

When assailing global governance, pundits rarely comment on its impact on small countries.

The parade of new taxes that Democrats have pitched in recent weeks demonstrates that Congress is picking from a menu of bad decisions.

In ongoing discussions with House Democrats about their ever-evolving plan to expand the role of government in American life, House Speaker Nancy Pelosi reportedly told her members: “There is no bad decision.”

eye on the news The Impoverished Wealth Tax It fails as a revenue generator and as a tool to deliver fairness. Politics and law Economy, finance, and budgets On Monday, a group of Democratic lawmakers led by Senator Elizabeth Warren introduced the Ultra-Millionaire Tax Act, a bill that would levy a 2 percent annual tax on individual assets worth more than $50 million and a 3 percent tax on assets worth more than $1 billion. In her announcement, Warren noted the popularity of we...

26 Feb 2021 The socialist government of Argentina imposed a one-time wealth tax on its citizens this week, allegedly to offset the country’s crippling debt, which has worsened during the Chinese coronavirus pandemic. Argentine citizens with assets of more than 200 million pesos ($2.3 million) must pay about three percent in taxes on assets declared within Argentina and over five percent on assets held abroad. The one-time special levy will apply to around 12,000 people in the South American ...