Friday the 12th
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The value of spurious precision
Read more: The value of spurious precisionFrom a TimesLive article on looting: A millionaire’s daughter, Laura Johnson, 19, was remanded in custody when she appeared in court in Bexley near London after being arrested behind the wheel of a car filled with stolen electrical goods and alcohol worth about £5000 (R56385.90). So the goods were worth about GBP50,000 GBP5,000 (a good…
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European countries (considering?) banning short selling
Read more: European countries (considering?) banning short sellingShort selling bans – memories of 2008
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Congestion charging in the Netherlands
Read more: Congestion charging in the NetherlandsHooked up to the Internet wirelessly and to GPS, the system tabulates a charge for each car trip by using a mileage-based formula that also takes account of a car’s fuel efficiency, the time of day and the route.
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Gordhan doesn’t know what tax is
Read more: Gordhan doesn’t know what tax isPravin Gordhan is on record saying NHI won’t increase tax burden. He clearly doesn’t understand income and expenditure. If government spends more, more tax must be collected. If employees don’t pay the tax, employers must pay the tax. If this is directly related to labour, you’ve just increased the cost of labour without a commensurate…
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NHI cost – first question
Read more: NHI cost – first questionSo the NHI is predicted to cost R125bn in 2012 rising to R214bn by 2020. I need to dig into this more, but I researched on StatsSA website: 2009 personal income tax raised as R154bn. This excludes SITE, but still asks a very specific question about affordability.
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Apple: Most valuable company
Read more: Apple: Most valuable companyApple overtakes Exxon-Mobil to become NYSE’s most valuable company, and therefore probably the world’s most valuable company. $337.2bn market cap at close of the NYSE today.
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S&P vs Moody’s
Read more: S&P vs Moody’sStory about the difference between the objectives of S&P and Moody’s ratings. Didn’t realize this before.
