If any doubt exists about whether President Obama gets the message that the American public wants him to put revitalizing job growth at the top of his priority list, the last two weeks should surely put them to rest. President Barack Obama speaks about the future of energy and technology competitiveness during his visit … Even as the White House was forced to turn much of its attention to the crisis in Egypt, the president and his aides unveiled an almost daily array of new initiatives aimed at demonstrating that jobs and the economy are now solidly at the forefront of the president\'s agenda. [ For complete coverage of politics and policy, go to Yahoo! Politics ] The onslaught started with the State of the Union address, which the president largely devoted to laying a longer-term vision for strengthening the American economy and competitiveness. Since then, he and his advisors have followed up with a series of proposals to flesh out that vision, laying out plans for … [Read more...] about Obama’s olive branch to big business: Will it work?
Make money work harder
Could the language we speak skew our financial decision-making, and does the fact that you're reading this in English make you less likely than a Mandarin speaker to save for your old age? It is a controversial theory which has been given some weight by new findings from a Yale University behavioural economist, Keith Chen. Prof Chen says his research proves that the grammar of the language we speak affects both our finances and our health. Bluntly, he says, if you speak English you are likely to save less for your old age, smoke more and get less exercise than if you speak a language like Mandarin, Yoruba or Malay. Future-speak Prof Chen divides the world's languages into two groups, depending on how they treat the concept of time. Strong future-time reference languages (strong FTR) require their speakers to use a different tense when speaking of the future. Weak future-time reference (weak FTR) languages do not. "If I wanted to explain to an English-speaking colleague why I … [Read more...] about Why speaking English can make you poor when you retire
The Asia-Pacific private equity industry has achieved its best all-around performance to date and is setting new records, while challenges are looming on the horizon. Private equity industry breaks records - illustration photo, source: internet A deal-making spirit Private equity (PE) fund managers are sitting on huge reserves of unspent capital and are committed to putting capital to work across the Asia-Pacific region. The market anticipates myriads of development opportunities as PE firms are showing their thirst for mergers and acquisitions (M&A) engagement. Across the region, the PE industry is showing signs of entering a new phase of growth, evidenced by a broader market, stiffer competition, and larger deal values. The regional deal value climbed to an all-time high of $159 billion in 2017, up 41 per cent over 2016 and 19 per cent higher than the historic peak in 2015. The number of individual transactions was down slightly from 2016, but the average deal size rose … [Read more...] about Private equity industry breaks records
Viet Nam News HÀ NỘI — The financial sector needs to work on a solution to reduce tax rates but still increase the total tax collection. That’s the message from Deputy Minister Vương Đình Huệ who was speaking at a conference in Hà Nội yesterday. The conference was held to review the performance of the financial sector in the first six months of this year and set out tasks for the second half. “Tax reform doesn’t mean distorting tax policies,” Huệ said, adding that the Ministry of Finance (MoF) should carefully review the effects of tax reform procedure. The amendments and supplements to tax laws, including real estate laws, should be studied in line with the real situation of Việt Nam, Huệ added. The Deputy PM also praised the MoF’s decision to not raise the value added tax, adding the decision was considered responsible and having a positive impact on the market. Deputy PM … [Read more...] about Reform doesn’t mean distorting policies: Deputy PM
The first fruitful achievement The story begins with 23 year old teacher Le Van Tu, now one of the youngest Chemistry specialist teachers at the famous Phan Boi Chau high school in Nghe An province. Before starting his teaching career, Tu was one of the most outstanding students for four consecutive years honoured with a Swing for the Kids scholarship. The story of his endless efforts and resulting success has fueled hope in children just starting out with Swing for the Kids. Born and raised in Nam Dan district, Nghe An province, in a family facing hardship in an area of land affected by severe weather from Laos, for Tu, the path of education seemed to be closed. The unexpected death of his father in a traffic accident resulted in a turbulent home life. Tu’s elder brother suffered mental health problems and his mother required a series of treatments. His older brother, who was in his twelfth grade, was unable to continue working towards the national exam for university … [Read more...] about Swing for the Kids: Giving meaning to the game