In this episode, we talk about business in light of the war in Ukraine, the World Economic Forum in Davos, Conference on the Future of Europe, and lobbying.
The need for comprehensive information on the economic situation is important for economic policy during the full-scale Russian invasion of Ukraine, which led to the seizure of Ukrainian territories, terror against civilians, and destruction of industrial facilities and infrastructure in Ukraine.
Imagine the owner of a candy store, whose window is broken by boys playing football. People run around the scene of the accident, pitty the owner and blame and rebuke the naughty. Nevertheless, there are some people among the crowd who say that a broken window also has its bright economic side. A broken window means work for the window maker. For the money he earns he can now buy bread, for example. That’s how the baker has a job.
In mid-March 2020, in light of the Covid-19 pandemic, the almost complete government paralysis of economic activities put most of the economy of Bosnia and Herzegovina (B&H) into hibernation.
The wording of the drafted law does not provide sufficient guarantees for the exclusive application of the reduced rate for the declared taxable product supplies only. The proposal was made without an in-depth analysis by the National Revenue Agency.
According to the results of a representative population survey carried out by “Spinter Research” on behalf of the Lithuanian Free Market Institute, 48% of Lithuanians wish their children pursued a career in entrepreneurship. Yet, the same group associates entrepreneurship with risk, innovation, and hard work.
To know how to fight for freedom is important. But it is also important to know how to preserve this freedom. And a look into our recent past unveils that we lost it right in the years 1948 and 1968, although in the second case, we lost more or less only the hope for freedom. And unfortunately, we may lose it again.