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A Gallup report from 2014 estimated that the average full-time worker in the United States works 47 hours a week, one of the highest figures in the world, and significantly higher than the rates in Western Europe.  In practice, employees in some countries, like Germany and Sweden, work closer to 35 hours a week. Vacation time varies from country to country, but Americans seem to get the short
3 hours 1 min ago
We all know that gaping loopholes exist in the international tax set up, with wide variations between tax regimes in different countries and many low-tax or no-tax havens.  These can be exploited by those with enough money to pay the very expensive tax planners, accountants and lawyers who feed off this. It means that the rich and powerful pay far less tax than they should, and one result of
3 hours 1 min ago
Scotland joined the list of countries to ban smacking children altogether. 53 nations currently have a total ban on smacking children.

According to a new study US researchers found that the practice makes youngsters "more aggressive". Dr Elizabeth Gershoff of the University of Texas at Austin, who led the study, has conducted extensive research into the use of smacking on children and has concluded that it is “making them more aggressive and more antisocial”.Past studies have also linked corporal punishment in children to the onset of depression, anxiety and drugs and alcohol abuse.In the latest study, published in Psychological Science, Dr Gershoff and her collaborators recorded the behaviour of children whose parents did not smack them and those that did, as reported by their teachers.Their findings showed a clear distinction between the groups, with an increase in behavioural problems from the age of five to eight.“It affected how often they argue with other children, fight, act impulsively and disturb activities in the classroom,” said Dr Gershoff. Dr Gershoff says one of the main links between smacking and bad behaviour is that children don’t have to learn self-control. “What smacking teaches them is that when the parent is around, they should behave, otherwise they will be hit,” she said. “The child does not learn how to manage themselves when the parent is not around.”Conducting a controlled experiment to find the effects of smacking on children is unethical, as it would involve telling parents to smack their children. However, by dividing the 12,112 participating children into smacked and non-smacked groups, and then pairing them according to various characteristics, the researchers were able to approximate an experimental setup.Dr Gershoff said that a key message of her work is that corporal punishment simply “doesn’t work”.“All of us get frustrated when things don’t go our way. Our job as parents is to teach children how to handle that,” said Dr Gershoff. “Smacking isn’t teaching those things.”
6 hours 4 min ago
About 5% of Americans are millionaires. Most of them — about 95%, according to an estimate by WealthEngine — have between $1 million and $5 million. And many think that's just not enough. Billionaires "view $100 million as the starting point for real money," Richard Kirshenbaum, the New York Observer columnist who wrote the book "Isn't That Rich? Life Among the 1%," told Town & Country. "
6 hours 4 min ago
Breadbaskets are regions that produce a large and stable surplus of one or more major food crops that not only meet local demand, but substantially contribute to the food supply in other regions. By this definition, there are only a few major breadbaskets in the world. The only rain-fed corn and soybean breadbaskets are the U.S. Corn Belt, Brazilian Cerrados and Argentinean Pampas. Current
12 hours 7 min ago