Here are some noteworthy posts from Newsmax:
1. The oil discovery in Coober Pedy in South Australia is a significant find; it will make Australia an oil exporter with oil reserves greater than that of Brazil and even with Saudi. Will this make people waste fossil fuel even more? Will energy conservation, focus on renewalbes lose steam?
2. The number of US Citizens giving up their citizenship is 2369 up from 1,781. The main reason is tax avoidance. And doing transaction with banks. Americans who do transactions with banks have to report the American financial transaction to US IRS. The downside is that those who renounce US citizenship may not recover the same as provided by Reed Amendment of 1996, if their purpose of renouncing citizenship is avoidance of taxes
1. The oil discovery in Coober Pedy in South Australia is a significant find; it will make Australia an oil exporter with oil reserves greater than that of Brazil and even with Saudi. Will this make people waste fossil fuel even more? Will energy conservation, focus on renewalbes lose steam?
2. The number of US Citizens giving up their citizenship is 2369 up from 1,781. The main reason is tax avoidance. And doing transaction with banks. Americans who do transactions with banks have to report the American financial transaction to US IRS. The downside is that those who renounce US citizenship may not recover the same as provided by Reed Amendment of 1996, if their purpose of renouncing citizenship is avoidance of taxes
