Oman started 2020 off on the right foot when it comes to economic freedom. A new Foreign Capital Investment Law (FCIL) came into force to visibly lower barriers to foreign investment in the Sultanate. The crucial change is that 100% foreign ownership is now possible in Oman.
The football business shows well how underestimating a well-performing and efficient player can bring other costs. The player may either simply leave for another team, or, if restricted with a contract – underperform to the level only required by the payment.
The longer bad blood is circulating in the body, the sicker we get. The same applies to judiciary. The longer we allow politicians to control the courts, to appoint judges, pressure them, the more difficult healing the judiciary will get.
The administrative burden has decreased by one working day or 8 hours compared to last year, shows the 2019 Bureaucracy Index published by the Institute of Economic and Social Studies in cooperation with the Lithuanian Free Market Institute.
In mid-June, hundreds of thousands of Czechs took to the streets of Prague calling for the resignation of Prime Minister Andrej Babiš in light of both a criminal investigation in the Czech Republic over alleged fraud, and an EU investigation over the abuse of EU funds by his Agrofert conglomerate.
Poland, Latvia, and Estonia started their rainbow revolutions much later than the West – when Stonewell riots happened in NYC, all three countries were still deep in the communist regime with no hope for emancipation.
People can be divided into two groups: those for whom individual freedom is the most important value and the rest, for whom the freedom is not so important. I do not have any objection to the second group, but their position is simply unacceptable for, probably, the other way around.
On May 11, Lithuania celebrated its second National Respect for Taxpayers Day. This day became an official commemorative day in Lithuania following the adoption of a proposal from the Lithuanian Free Market Institute (LFMI) in early 2018.
Under EU legislation, Member States are required to abolish any legal provisions contrary to the principle of equal treatment and have to introduce measures that would facilitate getting legal remedies in cases of alleged violations of equal treatment.