Page 2 - Oecd Countries News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The costs of wasting brainpower are huge

Short-termism is a problem inherent to democracy. Politicians thinking only of the next election have no incentive to plan more than a few years ahead. They have no desire to make decisions that will cause pain to today’s voters, in return for some amorphous reward in the future.

In this article, we will look at 20 countries with highest income tax rates in the world. If you want to skip our detailed analysis, head straight to 5 Countries with Highest Income Tax Rates in the World. Governments run on taxes, which is one of the major means of capital generation for a state. […]

This article will list countries with low electricity costs and discuss their power grids. If you want to skip our analysis of these countries’ electricity generation and consumption patterns, read 5 Countries With the Cheapest Electricity in the World. Technological advancement and consumer demand are reshaping the global electricity market, which is currently valued at over $1.94 trillion […]

The European Union made a major breakthrough Friday in efforts to stop sending its plastic trash to poor countries. Under a tentative agreement, the 27 EU countries will no longer be able to export their plastic waste outside the Organization for Economic Cooperation and Development club of wealthy countries. The text now needs to be formally approved by both the council representing the EU member states and the EU Parliament to enter into force.