A 1 percent tax on billionaires around the world. A tax on all currency trading in the U.S. dollar, the euro, the Japanese yen and the British pound sterling. Another “tiny” tax on all financial transactions, including stock and bond trading, and trading in financial derivatives. New taxes on carbon emissions and on airline tickets. A royalty on all undersea mineral resources extracted more than 100 miles offshore of any nation’s [...]
China appears to be working on a number of large infrastructure projects near its border with North Korea, according to reports in South Korean publication the Chosun Ilbo.
The country is thought to be spending over $10 billion on projects in the region, which includes a large highway and a railway network for the remote Liaoning and Jilin provinces. It is due to be finished by 2015.
The reason behind the huge project [...]
Globalization is nothing more than the constant search for cheap labour and the constant upgrading of infrastructure all across the earth. Thus improving the infrastructure of previously ‘unindustrialized countries’ and accessing a whole new ununionized labour pool. The new world’s that are created and improved through road, rail, energy, and hospital projects that are built by huge multinational corporations and paid for by unwitting outside investors. Before all the public [...]