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UK’s tax helps consumers but misses energy mark

The UK government’s 25% windfall tax on oil and gas company profits, along with the accompanying investment allowance that will let them avoid most of it, will do little to address the country’s pressing energy needs. Speaking in parliament, Chancellor of the Exchequer Rishi Sunak, didn’t dare utter the words “windfall tax” — something the opposition parties had been urging ...

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Singapore’s chicken ban is big threat

  It feels like Singapore has only just switched from combating the pandemic, with some of the developed world’s strictest curbs, to plunging headlong into a fight against inflation. The central bank tightened policy three times since late last year. Now, the highly urbanised island that imports most of what it eats has a front-row seat to food nationalism. Neighbouring ...

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What a Netflix hit shows about Japan’s risk-taking

  Japan has been a little bemused to find that a long-running family-favourite TV show, known here as Hajimete no Otsukai (My First Errand), has suddenly achieved international fame on Netflix as Old Enough. The program, which features preschoolers running errands by themselves, has triggered worldwide debate about parenting standards. One article in the UK blasted the reality TV show ...

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