Its been more than a year since the Covid-19 pandemic started ravaging the developed world. As of yesterday, over 30 million Americans are infected and the death toll exceeded 547,000 according to NY Times data. Globally more than 2.7 million have died with some countries such as Brazil suffering from surge in cases. On the …
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In 1900, the US and UK equity markets looked a lot different than today. The US was an emerging market in the beginning of the 20th century while the UK was colonial super power. Now the UK is just another developed country but no longer a power. Unlike other emerging countries, the US economy grew …
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The process for development and eventual approval of vaccine usually takes years and years. However the vaccines for Covid-19 were developed and approved in surprisingly short amount of time. In less than a year, vaccines for the worst pandemic in modern history was ready for us. The very first vaccine was developed by BioNTech SE …
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The Retirement Age varies between countries. The general retirement age in the European Union is 65. In Spain, France and Germany the retirement age is set to increase to 67 years from 65 according to an article at The Finnish Center for Pensions. Some countries have different retirement ages for men and women. For instance, …
Governments in the OECD countries collect tax revenues that can be grouped into the following categories: Consumption Taxes, Social Insurance Taxes, Individual Taxes, Corporate Taxes, Property Taxes and Other. On an average, Consumption Taxes such as Value-Added Tax (VAT) accounted for one-third of tax revenues in OECD member countries in 2019 according to an article …
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