Recent Posts

Indonesia’s Muslim cyber warriors take on IS

  Jakarta / AFP A group of Indonesian “cyber warriors” sit glued to screens, as they send out messages promoting a moderate form of Islam in the world’s most populous Muslim-majority country. Armed with laptops and smartphones, some 500 members of the Nahdlatul Ulama (NU)— one of the world’s biggest Muslim organisations—are seeking to counter the Islamic State group’s extremist ...

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The stubborn tax gap

  The Internal Revenue Service has just released its latest estimate of the “tax gap” – the difference between what Americans pay in taxes and what they actually owe. For the years 2008 to 2010 (the IRS’s latest data), the annual gap averaged a huge $458 billion. It’s surely higher now. Gulp. If everyone religiously paid every penny owed, budget ...

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Seoul goes for monetary stimulus with a twist

  Jean-Michel Paul For those feeling sympathy for the European Central Bank, which has pretty much been on its own in trying to stimulate demand in the absence of government fiscal policy and investment, a ray of hope emerged. In Korea. South Korea is not doing badly, mind you. The country is a member of the Organization for Economic Cooperation ...

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