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10 Monday AM Reads

Barry Ritholtz

Barron’s ) • Why It’s So Hard for China to Shake the ‘Uninvestable’ Tag : In 2021, Goldman Sachs said the word was starting to feature in a number of client conversations about the country’s stocks. Venture-capital investments are plunging, along with valuations of prepublic companies. This is a risk factor from China.

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Ghana To Adopt West African ‘Eco’ Currency

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Ghana is against tying the eco to the euro, and wants regional authorities to be quick about “adopting a flexible exchange rate regime,” the statement said. The government has claimed that it will have “electronically tagged” every home, including informal housing in slums, via GPS by early 2020.

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Small Town Government, Big Time Cybercrime

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Last month, the city of Riviera Beach, Florida, was crippled by a ransomware attack that led to it paying a hefty sum to recover government systems. Ransomware attacks are on the rise within local and state governments, he added, leading to revived debate about how to handle such a scenario. . What’s the alternative?” .

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Russia in Ukraine: Let Loose the Dogs of War!

CFO News Room

Even the ratings agencies, normally slow to act, have been moving promptly, with Moody’s lowering Russia’s rating from Ba2 to B3 on March 3, from B3 to Ca on March 6 and from Ca to C on March 8, and Ukraine’s rating from B3 to Caa2 on March 4. Other ratings agencies have also taken similar actions.

Economics 130
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A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws

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Items considered as exempt medical necessities in some states may be taxed at high rates in others, and businesses cannot afford to be caught by surprise. Easing tax compliance helps governments and retailers alike. Merchants aiming to sell nationwide must pay attention to how their goods are treated by each state’s tax code.

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Deep Dive: Buy Now, Exercise Now, Pay Later

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All options cost money, however, and high price tags on gear, classes or personalized training plans can deter individuals from achieving their health goals. The COVID-19 outbreak and government response urging citizens to stay indoors are also driving individuals to work out in their homes.

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When One State’s Tax-Exempt Necessity Is Another’s High-Tax Discretionary Purchase

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Sales taxes empower governments to maintain critical public services, but they can also make medical essentials too expensive for those who need them. Many governments historically lower or remove taxes on items they wish to make easier to purchase. Sales taxes’ price tags. percent.