Last weekend, Ecuadoreans did something they haven’t done since 2006: They voted in significant numbers against the socialist Alianza Pais party of three-term leftist President Rafael Correa. After a suspiciously delayed ballot count, electoral authorities finally certified on Feb. 23 that more than 60 percent of Ecuadoreans voted for a candidate other than Correa’s hand-picked … Continue reading Ecuador Rejects Leftist Incumbent, Votes for Economic Freedom
Category: World
Back in 2014, I shared some data from the Tax Foundation that measured the degree to which various developed nations punished high-income earners. This measure of relative “progressivity” focused on personal income taxes. And that’s important because that levy often is the most onerous for highly productive residents of a nation. But there are other … Continue reading Which Country Punishes Productive People the Most?
At a Monday press conference in Brussels, Belgium with European Union, Vice President Mike Pence delivered to the EU a personal message from President Donald Trump -- the Trump White House is full allegiance to the EU, and Trump will seek to "deepen our political and economic partnership" with the trans-national government. The following … Continue reading Trump pledges ‘steadfast and enduring’ allegiance to ‘united’ European Union
Bitcoin Is Less Volatile than the Euro Bitcoin volatility has fallen since 2011 and compared to the U.S. dollar currently sits at about 3-4 times higher than the Japanese yen, British pound, and euro. High volatility in the digital currency space has long been cited as a reason against adoption. But, as charts and analysis demonstrate, it is … Continue reading Here’s why you are better off with Bitcoin than with euros
KYIV, Ukraine—Ukraine’s population decreased by about 170,000 people in 2016, the government reported last month, underscoring a demographic trend that began after the country declared its independence from the Soviet Union in 1991, and which threatens to derail the country’s political and economic development. “This is a serious problem for the country,” Alex Ryabchyn, a … Continue reading Ukraine’s Population Continues to Dwindle
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