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The wave of social unrest is spreading. A new round of protests has hit Spain with a public sector strike set for June 8. In Slovenia, students are protesting new rules that limit their work hours and pay. "Luka Gubo" an economist from Slovenia writes: Hi Mish! First I must say that I love your blog. Great job! I just wanted you to know that Slovenian students are protesting too. The main reason for organizing protests is changes in law regarding student jobs. Current tax law makes average workers uncompetitive because businesses pay about 15% income tax for students and more then 35% income tax for average worker ...
– National Australia Bank’s attempt to buy AXA Asia Pacific has been helped by the wealth manager’s chairman who says he disagrees with the Australian Competition and Consumer Commission’s decision to reject the A$13.3 billion bid. AXA AP’s chairman Rick Allert also suggested NAB’s attempts to try and win back support from the ACCC were gathering momentum, the Age reports. Mr Allert said he was surprised the ACCC had knocked back NAB. In its ruling in April, the ACCC said it was concerned that competition and innovation would be harmed if NAB ... Read More
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