Illicit trade
April 28, 2021
Any country which is capable of collecting revenue from taxes is on the right path. It is a well-known fact that when citizens pay taxes, countries thrive. It also makes it easier for the state to make available all the necessary resources for its citizens. When there are gaps in tax collection, the development of a country gets badly affected. These gaps become apparent when the government reduces investment in public services. In Pakistan, tax collection is a big problem. The government, however, should target the illicit trade industry which has been thriving in the country for many decades. Smuggling mafias have created illicit trade empires from goods like mobile phones and fuel, and other small everyday use items. There are so many news reports that talk about the illicit trade of cigarettes in Pakistan. We see so many different variations of the same cigarette brand in shops, some displayed proudly, while others hidden behind cash counters. Som
A few years ago the idea that someone would shop for your groceries for you, then hand-deliver them to your door might have seemed like the most high-class form of luxury.
It might also have seemed like a high-class risk. We all know if you send your significant other with a grocery list, they will invariably forget the most important item on it.
But now this modern convenience is down to a science, and the options are numerous.
Even in Jackson, which is usually late to the metropolitan games, there are big players like Instacart and DoorDash, as well as a smattering of local startups looking to carve out a niche in this new world of grocery delivery.
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ECB and a Digital euro: positive consultation results 27 April 2021
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Last year I wrote a blog on the ECB plans to investigate if one should introduce a Digital euro. They announced to launch a public consultation on the desirability of such a central bank digital currency for the euro zone.
Now we are a half year later and in a comprehensive analysis of the results of this consultation the ECB published the findings of this inquiry that mirrored a rather positive attitude. The report thereby provides important input into the ECB’s analytical
By Reuters Staff
Slideshow ( 2 images )
WASHINGTON (Reuters) - U.S. Trade Representative Katherine Tai and British Trade Secretary Liz Truss discussed the need for substantive progress in reforming the World Trade Organization and other key issues during a call on Tuesday, their offices said.
The two officials, who last spoke in March, also discussed “the role of trade in combatting climate change, tough action on market-distorting industrial subsidies and the Airbus Boeing dispute,” the British embassy said in a statement about the meeting.
Both Tai and Truss welcomed the outcome of a meeting of Group of Seven (G7) trade ministers last month, and said they looked forward to making further progress at the next meeting in late May, the statement said.