Dec 6, 2015

Greece passes 'tough' austerity-extending 2016 budget

Greek lawmakers approved a “tough” 2016 budget early Sunday, forecasting near zero growth for 2015 and a small contraction next year for the debt-ridden country in its sixth year of austerity. The coalition government, which enjoys a narrow majority, managed to push the budget ...

South Korea converts monks and priests to taxpayers

Dec 3, 2015

South Korea converts monks and priests to taxpayers

After a debate stretching back more than 40 years, South Korea’s parliament has approved a bill that will finally compel the country’s influential clergy to pay taxes. The bill was passed shortly before midnight Wednesday by 195 votes to 20, with 50 legislators abstaining. ...