UK next? The project in Honduras entails a private city where big corporations will be able to connect and carry out transactions using new technologies such as cryptocurrency – without interference from the government.
It comes as finance ministers from the G7, including the UK, have agreed on making big corporations pay more tax, but Amazon may escape the measures.
Two weeks ago a 100,000-kronor shipment of crisps, chocolate and tea was nearly destroyed after being incorrectly labelled.
A statement on the Norwegian Government website said: “Although the agreement ensures a predictable framework for Norwegian investors, exporters and services suppliers, it is not as comprehensive as the EEA-agreement."
The newspaper reported: “In the almost five years following the referendum on our EU membership, eurocrats have forced banks to move thousands of jobs and hundreds of billions of pounds in assets from the city to the continent."
“In terms of British business, their attitude so far has been pretty much along the lines of ‘as long as we can make money we do’."
Britain has lost thousands of independent pubs during the Covid-19 pandemic. Wetherspoons, on the other hand, is set to open 18 more.
“From the UK perspective, I can't imagine the citizenry there would be any more happy than a majority of US citizens were about tax dollars propping up an American president's business interests. It's a disgrace to the very concept of democracy.”
As physical stores temporarily closed, people stuck at home turned to Amazon to buy groceries, cleaning supplies and more.
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© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.
© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.