Which are the world’s most expensive cities? The cities included on this interactive map are from a 2009 study by the UBS, which tracked the ups and downs of various places in the wake of the financial crisis. Many cities have changed ranks, with some cities become more, and others becoming less expensive. Currency devaluations played a a major role in the change of rankings, specifically in regards to emerging market cities
Source: http://www.mint.com
Millions of people worldwide are affected by tropical diseases such as African sleeping sickness and Leishmaniasis, so to combat these illnesses a new European consortium has been established to boost drug development.
With a total budget of nearly 3.6 million euros, the consortium including companies such as IOTA Pharmaceuticals, Mercachem, Nycomed, the Drugs for Neglected Diseases initiative, the Royal Tropical Institute, the University of Bern, the VU University Amsterdam and TI Pharma will strive to develop effective drugs against these diseases.
Source: http://www.ngpharma.eu.com
Source : http://awesome.good.is
Recent news articles have brought to light the fact that almost 47% of households in the US currently have zero or negative federal tax liability. We take a closer look at this lack of liability across each income level, highlighting the percentage in each range that will not pay any taxes. Also shown is a full breakdown of who is paying the bulk of all taxes collected by the Federal Government each year.
Source : http://www.mint.com
The tax structure is made up of 25 percent social security, 25 percent personal income, 19 percent general consumption, 11 percent specific consumption, 11 percent corporate income, 6 percent property, 3 percent other and 1 percent payroll.
Taxes on Corporate Incomes as a Percentage of GDP
The tax income from corporations represents almost 4 percent of the GDP of Canada. The tax income from corporations represents more than 3 percent of the GDP of the United States. In Australia, the tax income from corporations represents almost 7 percent of Australias GDP. The tax income from corporations represents almost 5 percent of the GDP of Japan. The tax income from corporations represents almost 4 percent of the GDP of South Korea. The corporate tax income represents almost 6 percent of the GDP of New Zealand.
Source : http://www.visualeconomics.com