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By Martin Doyle
March 212012
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ENDS
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With the triumph of the Ryanair model, ruthlessly emulated by belt tightening carriers who seem to treat their passengers as mere units of income, taking the plane in Europe is no longer an interesting, let alone palatable prospect.
Only two business tax reductions in the last 36 years & the last one nearly 14 years ago, at a time of considerable change & turmoil not only shows how badly NZ has lagged other countries, especially at a time when the international movement of capital and technology has never been more rapid.
Trump being Trump, it won’t come as a shock to find that he regards a strong USD as a sign of America’s virility, and ability to kick sand in the face of the world.
Thailand was involved in delicate diplomatic efforts to gain their freedom, 'so it does not want to create any problems that will cause any misunderstanding among parties involved in the conflict,' then-Foreign Minister Parnpree Bahiddha-Nukara said.
The broader lesson here is that economic weapons that seek to strangle, coerce and direct a nation state into action are blunt, inconsistent in their application and often counterproductive. The most telling response from the target state is adapting and adjusting to disruption, and Russia shows better signs than most in doing so.
The week’s big story has been about China’s DeepSeek low-cost AI model and Nvidia losing $600B of its value.