Originally published on Sun January 6, 2013 8:17 am
As 2013 begins with wealthy Americans in line for bigger tax bills, they're not alone. Tax fairness takes the spotlight worldwide this year, as cash-strapped governments look to impose more of the burden on well-heeled companies, individuals and institutions, and to catch and punish tax cheaters.
This week, as the U.S. Congress averted a plunge off the fiscal precipice, British Prime Minister David Cameron sent a letter to leaders of the Group of Eight countries that make up about half of the world's economic output.
Greece got a rare bit of good news late yesterday. Standard and Poor's upgraded the country's credit rating six notches to a B minus. I mean, not the worst grade on your report card, but in the financial world this is junk bond status.
Still, Joanna Kakissis reports from Athens that there is a more stable outlook.
Three previous Peace Prize laureates "South African Archbishop Desmond Tutu, Mairead Maguire of Northern Ireland and Adolfo Perez Esquivel from Argentina, have demanded that the prize money of $1.2 million not be paid this year. They say the bloc contradicts the values associated with the prize because it relies on military force to ensure security."
Originally published on Tue December 4, 2012 9:47 am
By Mujahid Suliman
Despite the best efforts of U.S. peanut farmers, Europeans still don't eat much peanut butter.
This is a particular bummer for the farmers right now, because they're sitting on a peanut glut. This year's harvest was nearly twice as abundant as last year's (over 6.1 billion pounds), and the majority of those nuts are a variety (runner peanuts) that are often used for peanut butter.