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April 15, 2015 Top 20% of Earners Pay 84% of Income Tax

Source: Wall Street Journal

The individual income tax remains the most important levy in the U.S., providing nearly half of federal revenue. This is unusual: On average, developed nations get only one-third of their revenue from income taxes. Typically they...

April 15, 2015 Holland is a leading nation in embedding IT into everyday lives: report - The Netherlands remains one of the best countries in the world in using IT to stimulate economic growth, innovation, jobs and well-being, according to a new report by the îWorld Economic Forumî. The...

April 15, 2015 5 things to know about G-7 foreign ministers’ meeting

Source: Salon

LUEBECK, Germany — Foreign ministers from the Group of Seven most industrialized nations are meeting in the German city of Luebeck on Tuesday and Wednesday

April 14, 2015 Cyber threats must be addressed without trade barriers: U.S. commerce secretary

Yahoo News - "There seemed to be some receptivity to doing that," she added. Chinese Foreign Ministry spokesman Hong Lei said on Tuesday China stood by its îWorld Trade Organizationî commitments but guidelines to...

April 14, 2015 Hillary Clinton May Take Strong Stance on Global Warming

Source: Scientific America

Over the past year, she has toughened her rhetoric against climate science-denying Republicans and recently brought on former White House adviser John Podesta, architect of Obama's climate strategy, to run her campaign.

April 14, 2015 Scrap fossil fuel subsidies now and bring in carbon tax, says World Bank chief

Source: The Guardian

Poor countries are feeling “the boot of climate change on their neck”, the president of the World Bank has said, as he called for a carbon tax and the immediate scrapping of subsidies for fossil fuels to hold back global warming.

April 14, 2015 Chinese premier urges stronger clean energy cooperation with U.S.

China Economic Net - China's reform and opening-up policy and its commitment to îWorld Trade Organizationî regulations will remain unchanged, he said. "China will continue to open wider to the world and will have a...

April 14, 2015 Nearly 5 Years After BP Spill, White House Proposes New Rules For Offshore Drilling

Source: Huff Post

WASHINGTON (AP) — A week shy of the fifth anniversary of the Deepwater Horizon oil spill, the Obama administration proposed new regulations Monday aimed at strengthening oversight of offshore oil drilling equipment and ensuring...

April 13, 2015 Millions of Americans face higher flood insurance premiums

Source: Observer Chronicle

Countless Americans face greater premium for flood insurance coverage defense after a brand-new regulation that came into effect this month. The new legislation permits the insurers to increase the premium by approximately 18...

April 10, 2015 First Blue Bell Ice Cream, Now Sabra Hummus — Why All The Food Recalls Lately?

Source: Yahoo Health

Today, we’re hearing word of yet another recall: a routine inspection of popular Sabra hummus at a Kroger market in Port Huron, Michigan on March 30 revealed the potential for Listeria. The FDA is now working with the company to...

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