Word: parliament
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...growing to rethink tax policy to restore vitality to Europe's lackluster economy. In large and small ways, the heavily bureaucratic tax systems in place in most of the Continent are coming under attack - and even governments with the biggest budgetary constraints are being forced to respond. The Austrian parliament in May approved government plans to slash corporate taxes from 34% to 25%, beginning next year. Belgium last year cut its corporate-tax rate to 34% from 40%. Firms operating in Estonia now pay zero tax on profits they reinvest inside the country. In Italy, Prime Minister Silvio Berlusconi promised...
government agencies would submit requests for increased funding, which would then become the focus of a tough debate inside the government and in parliament. Almost inevitably, the budget would grow from its initial projections, and no ministry or department had an incentive to reduce spending. Under the new procedure, the government and parliament set a ceiling for total spending. They allocate a portion of that total to ministries and agencies who then decide how it should be spent. So if there's a new project that needs financing, the funds have to be taken from elsewhere. The Finance Ministry gives...
...FORCED TO RESIGN. ZAFARAULLAH KHAN JAMALI, 60, Prime Minister of Pakistan, after 19 months in office; in Islamabad. The country's strongman President Pervez Musharraf was displeased with Jamali for failing to endorse his policies and shield him from an increasingly restive Parliament. Jamali will be replaced by ruling Pakistan Muslim League party president Chaudry Shujat Hussain, regarded as more obedient to Musharraf...
...mass media at Milan's Catholic University and the TV critic for Corriere della Sera, says Italy has been watching this show for centuries: "Italians can talk about nothing for hours. Our theatrical tradition is rather modest because the real theater is in the streets, in the shops, in Parliament." In other countries, faced with declining ratings, the plotline has begun to jump the shark tank of acceptable television behavior. The German edition earlier this year featured ongoing hot tub orgies, and in mid-June the British show was visited by police after a fight broke out in the house...
...general, Murat Zyazikov, who toed the Kremlin hard line. Ingush and Chechens suspected of rebel sympathies started to disappear. The lightning strikes were the response. Until now, the assumption was that the insurgents were Chechens. Aliyev and other locals, though, assert that many were local Ingush. Says former Russian Parliament Speaker Ruslan Khasbulatov: "The war in Ingushetia, hitherto hidden from the public eye, has finally surfaced...