Gautam Adani’s Conglomerate Shaken by Stock Market Rout
The Adani Group, founded by Gautam Adani, Asia’s richest person, has lost $50 billion in value this week as it rebutted a critical report from a New York investment firm.
Entrepreneurs Flee China’s Heavy Hand: ‘You Don’t Have to Stay There’
Weary of crackdowns and lockdowns, businesspeople are moving out of China and taking their wealth with them. Many have found a new home in Singapore.
Posted inCapitalism (Theory and Philosophy) Davos (Switzerland) Democracy (Theory and Philosophy) Economic Conditions and Trends Global Warming High Net Worth Individuals International Trade and World Market Nationalism (Theory and Philosophy) Putin, Vladimir V Russian Invasion of Ukraine (2022) Supply Chain
World Economic Forum in Davos Confronts a New Order
The Covid-19 pandemic, invasion of Ukraine, trend toward autocracy and economic inequalities challenge the World Economic Forum’s relevance.
Posted inHigh Net Worth Individuals Inflation Reduction Act of 2022 Internal Revenue Service Taxpayer Advocate Service United States Politics and Government
I.R.S. Backlogs Continue as Republicans Mount Offensive
The National Taxpayer Advocate expressed hope that better days were ahead for the tax collection agency.