Russia & Afghanistan Plan To Build Logistics Center For Oil Transit To South Asia
Afghanistan’s acting Industry and Trade Minister Nooruddin Azizi told Reuters that Russia and Afghanistan plan to build a logistics center for oil transit to South Asia, involving Kazakhstan and Turkmenistan, in its northwestern Herat province. Because of tensions with the West, it may be judged strategically unreliable to continue maritime exports to the Indian Ocean […]
Alabama Abolishes Income Taxes On Gold And Silver
After Utah, Wisconsin, Nebraska, and Kentucky, Alabama became the fifth state to have passed legislation supporting sound money by abolishing income taxes on gold and silver. Today, Alabama took a significant step toward promoting sound money concepts when Governor Kay Ivey signed a law eliminating all income taxes on capital gains from the sale of […]
Pictures Of Gaza Pier Constructed With American Taxpayers’ $350 Million
The US Central Command has announced that it will be providing aid in the form of the Gaza Pier constructed with American taxpayers’ $350 million, and its pictures are now available. The Biden administration and the Pentagon both exude pride. However, the American taxpayer?… US Central Command declared on Friday that “today we began delivery […]
How US Bid To Crush Russia & China Economically Only Drives Them Closer
The US bid to crush Russia and China economically by sanctioning them has only driven them closer, with bilateral trade between the nations reaching a new record of $227 billion in 2023. Vladimir Putin arrived in Beijing on Thursday for his first international visit since beginning his new term as Russia’s president. To understand the […]
10 Countries Most In Debt To The IMF
Using data from the International Monetary Fund on Total IMF Credit Outstanding, the 10 countries most in debt to the IMF are listed here, with Argentina and Egypt topping the list. The International Monetary Fund (IMF), which was founded in 1944, offers financial assistance and policy recommendations to nations to promote stability, productivity, and employment […]
EV Charging Station Costs $1 Billion
According to the Washington Post, EV charging stations cost US taxpayers $1 billion. However, after two years, only seven chargers and a meager 38 parking spaces have been built out of the allocated $7.5 billion. This is what people mean when they complain about paying taxes and the government being the worst conceivable capital allocator: […]
The Top 10% Are The Main Beneficiaries Of Globalization, Says Study
According to a study by the International Monetary Fund published in The Journal of Economic Inequality, the top 10% are the main beneficiaries of globalization. The previous 50 years of economic globalization have resulted in a significant increase in the income of many people worldwide. These gains in income are not evenly distributed, though. According […]
What Frustrates Americans The Most About The Tax System
Pew Research reveals the top tax system frustrations among Americans, with most citing that the wealthy and corporations don’t pay their “fair share.” Pallavi Rao of Visual Capitalist has created a graphic that displays the results of Pew Research regarding the tax system’s top complaints among Americans. From March 27 to April 2, 2023, over […]
Visualizing The Tax Burden Of Every US State
WalletHub’s data-driven map visualizes the tax burden across all US states in March 2024, showing that New York has the highest tax burden while Alaska has the lowest, with detailed breakdowns. Based on data gathered by WalletHub, this map graphic illustrates the overall tax burden in each state in the United States as of March […]
Argentina To Mine Bitcoin With Natural Gas
Argentina’s YPF Luz collaborates with Genesis Digital Assets to mine Bitcoin using natural gas from oil fields, turning stranded energy into a resource. Bitcoin is becoming more and more popular in Argentina’s energy sector. This is the case with a state-owned facility that uses natural gas that has been stranded from oil fields and would […]