Dollar bills

The tax hike that almost nobody noticed

When the payroll tax holiday ended in 2013, many employees barely noticed, suggesting that raising taxes may not be as politically touchy as some think.

Russian President Vladimir Putin Visits New Naval Base Of Black Sea Fleet In Novorossiysk

Is Russia about to impose capital controls?

The short answer would seem to be “not yet”, but the logic will be hard to resist if the flow of money leaving the country gets any faster.