G7
President Donald Trump was right to disrupt the G7’s efforts to promote “fair, progressive, effective and efficient tax systems.” The goal may seem innocuous, but it is quite the opposite – favoring large, intrusive governments at the expense of individual economic freedom. One of the most damaging proposals to create a global tax bureaucracy is the Base Erosion and Profit Shifting (BEPS) project – a pet scheme of the OECD.
European Union
The United States stands at a regulatory crossroads as Congress debates whether to adopt European-style controls over the use of online personal data – or trust that Facebook, Google, and the like will respond voluntarily (and more efficiently than government) to their customers’ diverse and ever-changing privacy preferences. The wrong decision will secure the market dominance of the current reigning platforms and stifle internet innovation for years to come.
Eastern & Southern Africa
Chad’s President Idriss Deby leads an authoritarian government that is increasingly under pressure, both politically and economically. However, his regime has been a strong ally of the West. A new constitution that strengthened his grip on power was approved this year, but it could, ironically, further undermine his legitimacy.
Recommended Reports
Free reports
Europe’s data regulation conundrum