Word: belgians
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...into a media powerhouse after World War II and in 1993 transferred the company's ownership to a foundation that now has about €735 million in assets. In Belgium Luc Tayart de Borms oversees the €227 million King Baudouin Foundation, which was set up by the former Belgian King, and serves as an umbrella organization for corporate and other donors. The number of private funds under its aegis has doubled in five years. Britain, which has a long history of philanthropy, is home to, among other big foundations, the $27 billion Wellcome Trust, which funds biomedical research like...
...Germany's Bertelsmann into a media powerhouse after World War II and in 1993 transferred the company's ownership to a foundation that now has about $900 million in assets. In Belgium Luc Tayart de Borms oversees the $250 million King Baudouin Foundation, which was set up by the Belgian head of state, and serves as an umbrella organization for corporate and other donors. The number of private funds under its aegis has doubled in five years. Britain, which has a long history of philanthropy, is home to, among other big foundations, the $27 billion Wellcome Trust, which funds biomedical...
...France and Belgium - who can't afford top-tier Brazilians, Frenchmen, Scandinavians or even the established stars of African football have looked increasingly to Africa's second tier as the prime source of imported talent to raise their game. KSK Beveren, the Antwerp team who reached last season's Belgian cup final, has been known to field a team composed entirely of players from Cote D'Ivoire...
...France and Belgium - who can't afford top-tier Brazilians, Frenchmen, Scandinavians or even the established stars of African football have looked increasingly to Africa's second tier as the prime source of imported talent to raise their game. KSK Beveren, the Antwerp team who reached last season's Belgian cup final, has been known to field a team composed entirely of players from Cote D'Ivoire...
...compared with about 29% in the U.S. Income taxes have jumped, but so too have taxes on social insurance contributions and vat on goods and services. "Everyone feels like they are paying too much tax - and they are," says Baudouin Velge, chief economist at the Federation of Belgian Enterprises. Reducing that burden wouldn't just help taxpayers; it could help the entire euro zone, which is suffering from a long-term decline in economic vibrancy. While growth in the E.U. averaged about 3% per year in the 1970s, it slowed to 2% in the 1990s. In the U.S., by contrast...