Greece, land of Epicurus. Part 1

In Turkey Kemal Ataturk modernised the country when the Ottoman empire fell. The Greeks, who were ruled by the Ottomans for centuries, never had such a leader. Like the Ottomans they have had bloated bureaucracies and endemic corruption since liberation (we are talking Lord Byron here!). Under the empire you avoided paying tax to the …

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Cementing German domination – hand in hand with Russia

A bit long, but interesting. No, this post is not about the euro and Greece (although I will post about that tomorrow). It is about a little-advertised economic coup, which is important. Apparently, Gazprom is putting the finishing touches on a massive deal that would double the amount of Russian gas flowing to Germany via …

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Our valuable time is being wasted at airports

After covert tests revealed major security failures, the acting director of the U.S Transportation Security Administration has been reassigned. The inspector general found that] TSA agents failed 67 out of 70 tests, with Red Team members repeatedly able to get potential weapons through checkpoints, according to officials briefed on the report. In one case, agents …

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The “Extinction Acceleration Act”

A bill originating with Republican presidential candidate Senator Rand Paul, would effectively repeal the Endangered Species Act, removing protections from 94% of currently listed species, including polar bears, wolves, grizzly bears, and sea otters. It would force the automatic removal of species from the endangered list after five years, whether or not those species had …

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Comment on the post about VAT below

Disqus is not allowing me to comment for some reason, so I am commenting on the post below like this: Until now European businesses selling to digital goods and services to European consumers have charged VAT based on where their business is located. The lowest rates have been  in Luxembourg, so that’s where Google, Amazon, …

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