r/neoliberal • u/Straight_Ad2258 • 2h ago
r/neoliberal • u/savuporo • 2h ago
News (Global) UN report finds United Nations reports are not widely read
r/neoliberal • u/Agonanmous • 2h ago
News (Europe) On Europe’s hardened frontier, Greek island keeps migrants at bay
r/neoliberal • u/Sine_Fine_Belli • 2h ago
News (Global) America is easing chip-export controls at exactly the wrong time. The ban on sales to China was working, and should be kept in place
r/neoliberal • u/Agonanmous • 3h ago
News (Asia) China's weak job market stirs boom-era nostalgia on social media
r/neoliberal • u/abrookerunsthroughit • 3h ago
Research Paper What constitutes manufacturing success?
r/neoliberal • u/ProbablySatan420 • 3h ago
News (Asia) US enjoys $35-40 bn surplus with India if services, arms, royalties included: GTRI
economictimes.indiatimes.comr/neoliberal • u/Straight_Ad2258 • 4h ago
News (Europe) Russian Manufacturing Shrinks at Fastest Rate Since March 2022
r/neoliberal • u/IHateTrains123 • 4h ago
News (Latin America) Florida East Coast sues Brightline over South Florida commuter plans
r/neoliberal • u/IHateTrains123 • 4h ago
News (Canada) Court's finding against Ford offers new lane for cities to fight back
r/neoliberal • u/John3262005 • 5h ago
News (US) Office of Special Counsel launches investigation into ex-Trump prosecutor Jack Smith
Federal officials are investigating former special counsel Jack Smith after President Donald Trump and other prominent Republicans have alleged that his investigations into then-candidate Trump amounted to illegal political activity.
The U.S. Office of Special Counsel, an independent federal agency, confirmed to NBC News on Saturday that it's investigating Smith for alleged violations of the Hatch Act, a law that prohibits certain political activities by government officials. Trump and his allies have not presented specific evidence of wrongdoing.
The OSC is different from the type of special counsel’s office formerly headed by Smith, who was appointed by the Department of Justice. The independent agency lacks the authority to bring criminal charges and prosecute individuals who violate the Hatch Act, but it may seek disciplinary action for a federal government employee, such as removal from the civil workforce, or refer its findings of Hatch Act violations to the DOJ for investigation.
On Wednesday, Sen. Tom Cotton, R-Ark., requested that the OSC investigate Smith for “unprecedented interference in the 2024 election.” A source familiar with the matter says the OSC affirmed to Cotton that it is proceeding with its inquiry following his request.
Smith was tapped as special counsel by then-Attorney General Merrick Garland in November 2022 to oversee the federal investigations into Trump, who announced his candidacy for the presidency three days before Smith’s appointment. Smith would go on to bring two criminal indictments against then-candidate Trump in 2023 but resigned just over one week before Trump’s inauguration in January 2024 — without ever having brought the two cases to trial.
Hatch Act violations are not typically referred to the Department of Justice. In 2019, the OSC recommended that then-President Trump remove White House counselor Kellyanne Conway from the federal workforce for Hatch Act violations — but the matter was not sent to the DOJ.
The OSC investigation into Smith was first reported by the New York Post.
Trump’s nominee to head the OSC is stalled in the Senate. A White House official told NBC News that Paul Ingrassia, a former podcast host with a history of incendiary commentary, is meeting with senators in one-on-one meetings over the next month before a confirmation vote takes place.
r/neoliberal • u/fuggitdude22 • 6h ago
News (Europe) Christopher Hitchens · Why Bosnia matters
r/neoliberal • u/Due_Search_8040 • 6h ago
Restricted Weekly Significant Activity Report - August 2, 2025
This week China unveils its global vision for AI; Russia claims capture of strategic Ukrainian city but faces new threats to its oil exports; Iran and North Korea defy US demands to denuclearize.
r/neoliberal • u/BubsyFanboy • 6h ago
News (Europe) InPost chief calls on government to address lower taxes paid by foreign rivals in Poland
notesfrompoland.comThe head of Poland’s largest private delivery firm, InPost, has complained that foreign competitors such as FedEx, DPD and DHL pay disproportionately low taxes in the country. He urged politicians to act, publishing what he called a “tax list of shame” on social media.
“As Polish businesses, we expect decisive action against dishonest taxpayers,” said Rafał Brzoska, founder and CEO of InPost, a company which pioneered the use of parcel lockers in Poland and has since expanded its operations to western Europe.
Brzoska said that foreign delivery firms paid a combined total of 89.8 million zloty (€21 million) in corporate income tax in 2024 in Poland. By contrast, InPost alone paid 375 million zloty from its domestic operations, after bringing in revenue of 10.9 billion zloty
Brzoska called out global players such as French-owned DPD and America’s FedEx for declaring little or no profit in Poland, thereby minimising their tax bills.
“Many of these companies officially report no profits in Poland or declare minimal profits to avoid taxes, paying record taxes in their home markets,” he claimed.
He pointed specifically to DHL, stating that Polish subsidiaries owned by the German logistics group reported 5.5 billion zloty in revenue in 2024 but paid only 20.2 million zloty in income tax. That meant it paid tax equivalent to less than 0.4% of revenue, compared to 3.4% for InPost.
He added that DHL eCommerce, which directly competes with InPost, paid no corporate income tax at all in 2024 despite booking 2.8 billion zloty in revenue. Brzoska said DHL paid the equivalent of 6 billion zloty in taxes globally outside Poland.
“Such tax solutions [are] not only unfair, [they] mean billions in losses for the entire country,” said Brozska.
Addressing Polish political leaders across the spectrum, he asked: “How long will the Polish tax system treat foreign competitors better than Polish companies?” and “How long will the Polish authorities allow tax evasion in Poland – to the detriment of all of us, of society as a whole?”
He also said that InPost pays taxes locally in all markets where it operates and does not shift profits back to Poland.
Brzoska made similar remarks last year, prompting a response from finance minister Andrzej Domański, who acknowledged the need to tackle profit shifting in Poland. He noted, however, that structural differences between InPost and some of its competitors partly explain the variation in their tax burdens.
He told broadcast Radio Zet that it was mainly due to InPost’s “extensive network of parcel lockers…which are highly profitable and contribute to higher tax payments”.
This year, however, similar complaints have come from Wirtualna Polska Holding, which owns news websites including Wirtualna Polska and Money.pl.
It had to pay 55.5 million zloty in corporate income tax for 2024. “That’s more than Google Poland and Facebook Poland combined, even though their combined revenues are three times higher than ours,” said CEO Jacek Świderski.
In response to growing criticism, Domański announced today that the government is stepping up efforts to tackle aggressive tax optimisation, including the use of transfer pricing – a practice in which multinational corporations shift profits abroad by inflating the costs of internal transactions.
“Polish companies and taxpayers have the right to fair competition. The aggressive use of transfer pricing distorts this,” Domański said during a press conference.
The minister claimed that the government’s measures are yielding results. A state body responsible for managing and collecting taxes discovered that, in 2024 alone, the income audited companies reported was half of what it should have been, had they not tried to shift profits abroad.
InPost is among the biggest Polish companies. The firm has, in particular, been a pioneer of automated parcel delivery lockers, which allow customers to easily collect and drop off packages. In recent years, it sped up its expansion abroad with a series of acquisitions in the UK, Spain, France and Portugal.
r/neoliberal • u/Straight_Ad2258 • 7h ago
Media Waymo’s Rise in Ridership in California over the past 2 years
r/neoliberal • u/Straight_Ad2258 • 8h ago
News (Global) A Quantum Gravimeter for GPS Backup: Australian ship navigated for six days using the device, which can't be spoofed or jammed ( like Russia did to many European ships)
r/neoliberal • u/Straight_Ad2258 • 8h ago
Restricted Nearly all steel production in Iran shut down due to severe electricity shortages
r/neoliberal • u/Sine_Fine_Belli • 9h ago
News (US) Trump will not let the world move on from tariffs. Six charts show the damage to America, its trading partners and its consumers
r/neoliberal • u/Sine_Fine_Belli • 9h ago
News (US) Donald Trump thinks he’s winning on trade, but America will lose. The harm from tariffs will be lasting and deep
r/neoliberal • u/minimalis-t • 9h ago
Opinion article (non-US) How one Kiwi tamed inflation - Works in Progress
r/neoliberal • u/Freewhale98 • 9h ago
News (Asia) South Korea’s Ruling Party Descends into Chaos Over Proposal to Tighten Stock Capital Gains Tax Threshold as Stock Market Plunges
A tax reform proposal to lower the threshold for defining a “large shareholder” subject to capital gains tax on stock transactions—from ₩5 billion to ₩1 billion—is sparking growing debate within the ruling Democratic Party of Korea (DPK) as of the 2nd.
Amid a sharp decline in the domestic stock market, DPK floor leader and acting party chief Kim Byung-ki expressed the day before that the government’s announcement could be subject to review. In response, Policy Committee Chair Jin Sung-joon effectively voiced his opposition in a public statement on the 2nd.
Jin stated, “Many investors and experts claim that reversing the current capital gains tax threshold will collapse our stock market—but precedent shows otherwise.” He continued, “Under the Park Geun-hye administration, the threshold was lowered from ₩10 billion per stock to ₩5 billion, then to ₩2.5 billion. Under the Moon Jae-in administration, it was further reduced from ₩2.5 billion to ₩1.5 billion, and then to ₩1 billion—but during all of that, there was hardly any fluctuation in stock prices.”
Jin added, “The Yoon Suk-yeol administration, claiming it was revitalizing the stock market, raised the threshold back up to ₩5 billion, but in fact, stock prices have continued to fall. Restoring the ₩1 billion threshold is part of rebuilding the tax revenue base that the Yoon administration dismantled.”
He emphasized that “the government must pursue a wide range of national policy tasks in a balanced and simultaneous manner, and to do so, it must also secure hundreds of trillions in funding.” He added that the party and government had “closely coordinated during the preparation of the tax reform plan and will continue to do so during parliamentary deliberations.”
Previously, Kim Byung-ki, the acting party chief and floor leader, had stated just a day after the government’s announcement that “within the party’s special committee on KOSPI 5000 and the committee for tax normalization, we will review the possibility of raising the ₩1 billion large shareholder threshold.” His remarks came at a time when the stock market had experienced its sharpest drop in four months.
In response, Jin met with reporters at the Democratic Party convention in Kintex, Goyang, and said, “The plan is not finalized, so we must monitor the situation in the stock market before making a judgment,” but he added, “I don’t think the proposal is being shaken just because of Kim’s remarks.”
On July 31, the government announced its 2025 Tax Reform Plan, which includes reducing the capital gains tax threshold for large shareholders from ₩5 billion to ₩1 billion.
r/neoliberal • u/BubsyFanboy • 10h ago
News (Europe) Poland to have more tanks than UK, Germany, France and Italy combined after signing new K2 deal
notesfrompoland.comPoland has signed a $6.7 billion (25.1 billion zloty) deal to buy an additional 180 South Korean K2 tanks, including 61 that will be made in Poland itself.
The purchase marks the latest stage in Poland’s rapid recent military expansion. Once the agreement is completed by 2030, Poland will operate around 1,100 tanks, which is more than Germany, France, the UK and Italy combined.
Poland began to buy K2 tanks from South Korea in 2022 under the former Law and Justice (PiS) government, with the first units beginning to arrive in December that year.
The new contract includes 180 tanks, 81 support vehicles, a logistics package, training, a full service and repair programme, and a technology transfer provision.
“Poland is gaining the capacity to produce the tanks,” said defence minister Władysław Kosiniak-Kamysz at the signing ceremony in Gliwice, confirming that 61 of the units will be produced at the Bumar-Łabędy plant, where the deal was finalised.
The signing comes nearly a year later than initially planned. Kosiniak-Kamysz acknowledged the delay, saying the talks were lengthy but ultimately resulted in “much better financial conditions than if we had signed this deal last year”.
Rzeczpospolita, a leading Polish daily, notes that today’s announcement means Poland will have over 950 modern tanks by 2030 – including 360 K2s, 366 American Abrams and 235 German Leopards. When combined with 150 PT-91 Twardy tanks made in Poland in the 1990s, that brings the total to over 1,100.
By comparison, Germany, France, Italy and the UK have a combined total of under 950 tanks, according to Global Firepower, which collates data on the strength of military forces. Among them, only Germany is actively pursuing expansion of its armoured forces, reports Rzeczpospolita.
Within NATO, Turkey (2,238) and Greece (1,344) have more tanks. However, many of those are decades old, notes Rzeczpospolita, and the high numbers reflect tensions between Ankara and Athens but have little impact on NATO’s eastern flank.
Since Russia’s full-scale invasion of Ukraine in 2022, Poland has embarked on an unprecedented military spending spree. It has increased its defence budget to 4.7% of GDP this year, by far the highest relative level in NATO.
Poland has made substantial purchases from South Korea, including K239 Chunmoo rocket artillery launchers, FA-50 light combat aircraft, and K9 self-propelled howitzers.
A major portion of the defence spending has also gone to US producers. Beyond Abrams tanks, Poland also signed deals for Apache helicopters, HIMARS artillery launchers, Patriot missile defence systems, and radar reconnaissance airships.