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From the 1950s to the 1970s, homeownership and personal incomes grew--and so did tax rates and the increasingly complex tax code. Americans looking to reduce their liabilities turned to experts for advice on how much to donate to charity and what to claim as a business expense. By 1978, H&R Block was responsible for 1 in 9 returns; today the rate is 1 in 7. While many returns are prepared by employees at storefront-shops who take a short training course, there are some 400,000 certified public accountants in the U.S., who have passed a uniform test...
...Harvard was sending fewer than 15 percent of its students abroad. In comparison, Dartmouth sends the most students abroad during the academic year, with 39 percent of its student population going overseas. Brown comes in second with a 35 percent study-abroad rate, and UPenn gets third place with 30 percent. If prizes were awarded, Harvard would barely get a participation sticker, let alone a place on the medal podium...
...country gives up monetary freedom (to devalue, for instance) in exchange for increased trade with the rest of Europe, coordinated monetary policy, and a confidence seal in terms of foreign indebtedness. Basically, through the European Central Bank, countries less reputable than Germany get access to German interest-rate levels in regular market conditions...
...Apparently the tactics work. The Cobrador del Frac now has 400 employees across Spain. Its commercial director, Juan Carlos Granda, says it has a 63% success rate. And with the percentage of people who default on loans skyrocketing in Spain - it reached 3.8% in January, compared with 0.95% the year before - the number of creditors who look to its services is growing. "Thanks to the [financial] crisis, we've seen about a 20% increase in business in the past year," Granda says...
...According to the report, an average of 95 aid workers were killed in each of the past three years, up from an average of about 66 each year between 2003 and 2006. The rate of kidnappings of aid workers has accelerated even more quickly, from about 18 a year between 2003 and 2006, to about 57 a year for the past three years. Operating across hundreds of countries, aid workers are in most danger in places where they represent one of the few Western organizations left in the area - as in Somalia, the villages of Darfur or remote parts...