By Alex Sazonov Bloomberg Tues., April 30, 2019 MOSCOW—The world’s wealthy are increasingly on the move. About 108,000 millionaires migrated across borders last year, a 14-per-cent increase from the prior year, and more than double the level in 2013, according to Johannesburg-based New World Wealth. Australia, U.S. and Canada are the top destinations, according to the research firm, while China and Russia are the biggest losers. The U.K. saw around 3,000 millionaires depart last year with Brexit and taxation cited as possible reasons. Wealth migration figures point to present conditions — such as crime, lack of business opportunities or religious tensions — but can also be a key future indicator, said Andrew Amoils, head of research at New World Wealth. “It can be a sign of bad things to come as high-net-worth individuals are often the first people to leave — they have the means to leave unlike middle-class citizens,” he … [Read more...] about Millionaires flee their homelands as tensions rise and taxes bite
By The Canadian Press Tues., April 30, 2019 HALIFAX—Canada’s new $10 bill featuring Nova Scotia human rights icon Viola Desmond has been named banknote of the year. The bill, which also features a map of Halifax’s historic north end as well as the Canadian Museum for Human Rights in Winnipeg, was honoured in a vote by the International Bank Note Society. The society says in a news release that the Desmond bill was a favourite of its voting membership right from the start. The purple polymer bill was the first vertically oriented banknote issued in Canada. Desmond is the first Black person — and the first non-royal woman — on a regularly circulating Canadian banknote. Article Continued Below The bill marks a growing recognition of Desmond’s refusal to leave the whites-only section of a Nova Scotia movie theatre on Nov. 8, 1946 — nearly a decade before Rosa Parks refused to give up her seat on a segregated bus in Alabama … [Read more...] about Canada’s Viola Desmond $10 bill named international banknote of the year
By Sheryl Gay Stolberg The New York Times Mon., April 29, 2019 WASHINGTON—The powerful chairman of the House Judiciary Committee threatened on Sunday to subpoena Attorney General William P. Barr if he refuses to testify this week, a move that could lead to a major escalation of the long-running feud between the White House and congressional Democrats over testimony and access to documents. The threat by the chairman, Representative Jerrold Nadler, Democrat of New York, came on the eve of Democrats’ return to Washington after a two-week congressional recess that has been dominated by questions about the special counsel’s report. Barr is scheduled to come before Nadler’s committee on Thursday to testify about it. But Barr and Democrats are at loggerheads over the Democrats’ proposed format for questioning him, and now the much-anticipated hearing is in doubt. The dispute spilled out into the open on Sunday when Democrats revealed that Barr … [Read more...] about Barr threatens not to testify before house, but Democrats may subpoena him
Mon., April 29, 2019 So for the rest of the week, I’m going to grade the 2018-19 Maple Leafs in this blog, starting at the top: General manager Kyle Dubas. (Tuesday: Mike Babcock) Before I get to that, I want to tell you a little tale about the last time the Maple Leafs hired a rookie general manager, when things didn’t end well. That rookie GM was John Ferguson Jr., who came with a reputation of being a great talent spotter and of course came from a famous hockey family. It was a rocky ride for the young GM, just 36 when he started in 2003. He was certainly a better GM by the end of his tenure than the beginning. MLSE was a different monster then, more concerned about profit and a few (actually budgeted) playoff dates rather than winning and long playoff runs. The hockey world was different then. With no salary cap, the Leafs could simply buy a winner. Article Continued Below Along the way, Ferguson made mistakes (Should I mention Tuukka Rask for Andrew … [Read more...] about Grading Kyle Dubas after his first year as Leafs GM
By Thomas Walkom National Affairs Columnist Mon., April 29, 2019 Vladimir Putin has just made the North Korean situation more complicated. But the Russian president may have also opened up a new pathway to sidestep the current impasse between North Korean dictator Kim Jong Un and America’s Donald Trump. Putin has done this by the simple action of reinserting himself into the middle of the on-again off-again Korean nuclear crisis. His first-ever meeting with Kim last week in the Russian city of Vladivostok served as a signal that Moscow expects to be a part of any negotiations involving the Korean Peninsula. Up to now, Putin has lain low and let others take the lead. Russia has supported, in theory at least, U.S.-led sanctions aimed at forcing North Korea to end its nuclear missile program. At the same time, Moscow has supported Chinese efforts to try and end the conflict between Washington and Pyongyang on a step-by-step basis in which each side agrees to … [Read more...] about Will Putin help or hurt situation with North Korea?