The Swiss People’s Party has said that India and ten other countries are “too corrupt” and that it will get enough support in the country’s parliament to halt the tax information exchange process.
Preet Bharara may be acclaimed for his pursuit of political corruption, but he was much less aggressive when it came to confronting Wall Street’s misdeeds.
The gap between the very rich and poor is far greater than just a year ago, an Oxfam study has revealed.
Presenting its findings on the dawn of the Davos summit, Oxfam says the gap between the very rich and poor is far greater than just a year ago and unless tackled, public anger will continue to grow and lead to more seismic political changes.
Finance Minister Arun Jaitley made a counter argument that India’s economy is far more resilient today than it was in 2008. He probably knows, not many in Davos would have agreed with him.