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After Budapest, London May also Opt Out of Global Minimum Tax

Hungary has said no to the global minimum tax, which led the US to break its double tax treaty with the country. Now the UK may also back out. ....

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Brexit: Ian McConnell: Liz Truss sabre-rattling at EU threatens crisis-hit UK economy

You might imagine this approach would in coming months become less effective, with many Brexit fans surely likely at long last to see through the… ....

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Brexit: Ian McConnell: Liz Truss sabre-rattling at EU threatens UK economy in grip of crisis

Instead, she appears to be doing quite the opposite, continuing the populist approach of this Conservative Government by whipping up excitement… ....

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US, allies should protect 'freedom of navigation'

The US and its allies should jointly respond to China’s live-fore drills designed to intimidate Taiwan by holding “freedom of navigation” operations in the Taiwan Strait, Representative to the UK Kelly Hsieh (謝武樵) said.
In an interview with the Guardian, Hsieh also called on the UK to uphold the principles of rules-based international order, and forge closer trade and security investment relations with Taiwan.
He welcomed the decision of British Secretary of State for Foreign, Commonwealth and Development Affairs Liz Truss to condemn China’s intense drills from Aug. 4 to 7 in the wake of a visit by US House of ....

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Britain's summer of discontent is a tale of bad planning

Joseph told Pharaoh to use his seven years of plenty to prepare for the lean times to come. In Aesop’s fable, the grasshopper danced away the summer while the industrious ant prepared for a harsh winter.
Western leaders do not lack for good advice from the classics, but clearly they do not always take it.
During the golden era that followed the end of the Cold War, prosperity founded on globalization and “nice” growth (non-inflationary and consistently expansionary) was treated as if it would last forever. Investment in national resilience was ignored. The COVID-19 pandemic, a hostile China and the war in ....

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