BBC Business Headlines

VW cracks down on executive pay after diesel scandal
German car maker returns to profit and posts record sales in 2016 despite emissions testing furore.


BA owner IAG's profits hit by weak pound
The owner of British Airways and Iberia reports higher profits, despite the impact of sterling's weakness.


East Africa to track trucks from Mombasa port to stop theft
Uganda, Kenya and Rwanda adopt a truck-tracking system to prevent theft and speed up goods in transit.


Royal Bank of Scotland losses more than treble to £7bn
The bank, which is 72%-owned by taxpayers, reports its ninth consecutive year of losses.


Trump's Treasury Secretary targets tax reform 'by August'
In his first TV interview Steven Mnuchin promises deregulation and tax cuts to boost growth.



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Paul Krugman

Death and Tax Cuts
What Republicans mean when they talk about freedom. read more...




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Where Does the Money Go? Rev Ed: Your Guided Tour to the Federal Budget Crisis

by Scott Bittle and Jean Johnson

Published by Harper

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Newly Revised and Updated

Updated to reflect on the financial crisis of 2008-09 and the sweeping legislation passed by the Obama administration in its first year, this is an irreverent and candid guide to the federal budget crisis that breaks down into plain English exactly what the Fat Cats in Washington are arguing about.

Federal debt will affect your savings, your retirement, your mortgage, your health care, and your children. How well do you understand the government decisions that will end up coming out of your pocket? Here is essential information that every American citizen needs - - and has the right - - to know.

Now revised and updated to include current predictions about the effects of the Great Recession and President Obama’s healthcare overhaul, this guide to deciphering the jargon of the country’s budget problem covers everything from the country’s $12 trillion and growing debt to the fact that, for 31 out of the last 35 years, the country has spent more on government programs and services than it has collected in taxes. It also explores why elected leaders on every side of the fence have so far failed to effectively address this issue and explains what you can do to protect YOUR future.


pub date: 2011-01-18 | Paperback | 9780062023476