As Tax Day — April 18 this year — approaches, we are confronted once again with the apparently enduring reality that Americans hate to pay taxes. Few political generalizations seem so indestructible. Gallup has long asked Americans whether their federal income taxes are too high. About 50 percent to 60 percent regularly say “yes.” The federal income tax is …
Read More »Opinion
In battle with Uber Eats, Deliveroo deploys field kitchens
In the increasingly intense battle between food delivery services, it’s no longer enough just to bring the food to the customers. Now Deliveroo, the London-based startup, is moving whole kitchens to new neighborhoods to gain an edge over rivals like Uber Eats, Amazon Restaurants, and Just Eat Plc. Deliveroo, which has received $475 million in venture funding, will begin …
Read More »Making the Syria strikes count
In the span of just a few days, US President Donald Trump appears to have met both his first true foreign policy crisis and his most challenging bilateral summit more smoothly than many had feared he might. Whether this turns out to be anything more than a symbolic victory, and whether it has an effect in the fight against …
Read More »Venezuela political crisis fails to die down
Protests have become a staple in Venezuelan life. Venezuela, once one of the richest in Latin America, plunged into the political crisis soon after President Nicolas Maduro took the helm of the country following the death of ex-president Hugo Chavez in 2013. The latest round of protests erupted after the Supreme Court’s attempt to seize the power of the …
Read More »India is losing faith in free-trade agreements
Till fairly recently, it looked like two massive new agreements would compete to define the future of world trade. The Trans-Pacific Partnership, backed by the US, would try to move the global trade architecture toward new norms, with harmonized regulations at its centre. Meanwhile, the Regional Comprehensive Economic Partnership (RCEP), backed by China, would drastically reduce remaining tariffs across …
Read More »China has smarter places to park money than car garages
If there’s one message to take away from Asian buyers’ heated interest in French parking lot operator Indigo, it’s that investors remain hungry for yield and assets are scarce. But those steering away from their traditional targets in the hope of infrastructure-like returns from car spaces should be wary. With fewer car parks being built in city centers, parking-lot …
Read More »How Spotify grew up before going public
It’s unconscionable in 2017 that the only publicly traded music streaming company is still Pandora Media Inc., an Internet radio provider which went public in 2011 and is trading below its initial public offering price. Hopefully, Spotify Ltd. will rectify the situation this year, even if that means it has to use a back door to an exchange listing. …
Read More »On Syria, Trump confronts a moral test
Even for a president who advertised his coldblooded pragmatism, the moral dimensions of leadership find a way of penetrating the Oval Office. In the case of President Trump, the emotional distance seems to have been shattered by simple, indelible images of suffering children in Idlib, Syria. “When you kill innocent children, innocent babies — babies! — little babies … …
Read More »Modi is a different nationalist than Putin or Trump
Over the past year, Russia’s Vladimir Putin has emerged as the ideological patron of a certain brand of conservatism worldwide. Politicians from France’s Marine Le Pen, to Recep Tayyip Erdogan of Turkey, to Donald Trump appear drawn to Putin’s vision of a world marked by weaker transnational power blocs, fewer meddlesome liberals and a harder line against radical Islam. …
Read More »Making the Syria strikes count
In the span of just a few days, US President Donald Trump appears to have met both his first true foreign policy crisis and his most challenging bilateral summit more smoothly than many had feared he might. Whether this turns out to be anything more than a symbolic victory, and whether it has an effect in the fight against …
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