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Obsession with Scientology and divorcing women at 33: Bizarre details about Tom Cruise's 3 marriages [Throwback]

Tom Cruise's obsession with Scientology had him divorce all his three wives at 33. Here are some bizarre details about Tom Cruise's three marriages.




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Madhuri Dixit's humble nature and the way she expresses herself on the screen makes her a 'Diva': Davar

Choreographer Shiamak Davar has recalled working with Madhuri Dixit and praised her humble nature and performances in movies.




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Divided We Stand: Why Inequality Keeps Rising- Country Note: United States

This country note provides information on latest trends in income inequalities as well as key findings from the 2011 OECD report "Divided We Stand: Why Inequality Keeps Rising".




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Divided We Stand: Why Inequality Keeps Rising- Country Note: Canada

This country note provides information on latest trends in income inequalities as well as key findings from the 2011 OECD report "Divided We Stand: Why Inequality Keeps Rising".




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New head of the OECD's Tax Treaty, Transfer Pricing and Financial Transactions Division is appointed

Ms. Marlies de Ruiter has been appointed Head of the Tax Treaty, Transfer Pricing and Financial Transactions Division of the OECD's Center for Tax Policy and Administration. She will take up her duties on 1 February 2012.




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Colombia needs a comprehensive tax reform to boost investment and diversify the economy, OECD says

The Colombian economy has done remarkably well over the last decade, consistently ranking among the fastest-growing countries in Latin America, but a comprehensive tax reform that promotes investment and diversifies the economy is now needed to put the country on a path toward stronger, sustainable and inclusive growth, according to the latest OECD Economic Survey of Colombia.




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Corporate tax revenues falling, putting higher burdens on individuals

Corporate tax revenues have been falling across OECD countries since the global economic crisis, putting greater pressure on individual taxpayers to ensure that governments meet financing requirements, according to new data from the OECD’s annual Revenue Statistics publication.




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OECD appoints new Head of the Tax Treaty, Transfer Pricing & Financial Transactions Division in the Centre for Tax Policy and Administration

Mr Jefferson VanderWolk has been appointed Head of the Tax Treaty, Transfer Pricing & Financial Transactions Division in the Centre for Tax Policy and Administration. He will take up his duties in early July 2016.




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Fiscal incentives for R&D and innovation in a diverse world

Fiscal incentives, including tax policies, should be directed at specific barriers, impediments or synergies to facilitate the desired level of investment in R&D and innovations. Without careful design, policies can have unintended consequences such as favouring incumbent firms, encouraging small firms to undertake less efficient activities, or creating arbitrage and rent-seeking activity.




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Statutory tax rates on dividends, interest and capital gains: The debt equity bias at the personal level

This paper presents statutory tax rates on several forms of capital income, including dividends, interest on bonds and bank accounts, and capital gains on shares and real property, including integration between the corporate and personal levels. It updates the rates from an earlier tax working paper and extends the analysis to consider the debt-equity bias of the tax system when the personal level of taxation is considered.




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Holding companies, not just individuals, responsible for corporate crime

Brandon L. Garrett is the Justice Thurgood Marshall Distinguished Professor of Law at the University of Virginia School of Law and author of Convicting the Innocent (2011) and Too Big to Jail (2014). These comments on corporate criminal liability are a contribution to a public consultation conducted by the OECD Working Group on Bribery.




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Divided We Stand: Why Inequality Keeps Rising- Country Note: Australia

This country note provides information on latest trends in income inequalities as well as key findings from the 2011 OECD report "Divided We Stand: Why Inequality Keeps Rising".




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Changing the face of start-ups: Why diversity is not a nice-to-have but a must-have

How can we build a global economy driven by innovation when half the population is missing out on the action? The short answer is, we can’t.




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Divided We Stand: Why Inequality Keeps Rising- Country Note: Japan

This country note provides information on latest trends in income inequalities as well as key findings from the 2011 OECD report "Divided We Stand: Why Inequality Keeps Rising".




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OECD report on vocational training in Austria calls for continued diversity and increased co-ordination

There are few OECD countries where vocational education and training (VET) is held in such high regard or takes so many forms as in Austria. Some 60 percent of young Austrians aged between 25 and 34 have completed a VET course below tertiary level (vocational school or technical college).




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A Bank Divided Can Stand

Financial-market complexity shouldn't lead to crisis. There is a better, simpler way: Split the banks.




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Long-term investment, the cost of capital and the dividend and buyback puzzle

The paper argues that interest rates are at extremely low levels to support banks, and the search for yield has pushed the liquidity driven speculative bubble from real estate, derivatives and structured products markets into the corporate debt market. Equities have rallied strongly too. This asset cycle is certainly helping banks reduce hidden losses on illiquid securities and could also help reduce the cost of equity.




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SMEs and entrepreneurs need to diversify their funding amid continued credit constraints

Small and medium-sized enterprises (SMEs) are fundamental for inclusive growth and jobs, but they need to broaden their sources of finance in order to reduce their vulnerability to volatile credit market developments, according to two new OECD reports.




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The transition in the Mexican pensions system to one based on individual defined contribution accounts has increased its financial sustainability

The reforms to the pensions system in Mexico, especially the introduction of a system of individual defined contribution accounts, have significantly improved the system’s financial sustainability.




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Fiscal incentives for R&D and innovation in a diverse world

Public policy has an important role to play in promoting research and development (R&D) and the development, diffusion, and use of new knowledge and innovations. Fiscal incentives, including tax policies, should be directed at specific barriers, impediments or synergies to facilitate the desired level of investment in R&D and innovations.




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Innovation, diversification and better logistics key to sustainable and inclusive growth, says latest Latin American Economic Outlook

After a decade of relatively strong growth, Latin America is facing headwinds associated with declining trade, a moderation in commodity prices and increasing uncertainty over external financial conditions, according to the latest Latin American Economic Outlook jointly produced by the OECD Development Centre, the UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and CAF - Development Bank of Latin America.




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Colombia needs a comprehensive tax reform to boost investment and diversify the economy, OECD says

The Colombian economy has done remarkably well over the last decade, consistently ranking among the fastest-growing countries in Latin America, but a comprehensive tax reform that promotes investment and diversifies the economy is now needed to put the country on a path toward stronger, sustainable and inclusive growth, according to the latest OECD Economic Survey of Colombia.




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Luxembourg must diversify its economy and maintain a strong and resilient financial sector

Luxembourg weathered the global economic crisis well, but must take additional steps to foster the diversification of the economy while ensuring the continuing health of its financial sector, according to the latest OECD Economic Survey of Luxembourg.




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SMEs and entrepreneurs need to diversify their funding amid continued credit constraints

Small and medium-sized enterprises (SMEs) are fundamental for inclusive growth and jobs, but they need to broaden their sources of finance in order to reduce their vulnerability to volatile credit market developments, according to two new OECD reports.




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The negative effect of regulatory divergence on foreign direct investment

The determinants of foreign direct investment (FDI) are explored with gravity models, using a Poisson estimator and a linear estimator, both with fixed effects.




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Reforming benefits in Lithuania to generate a double dividend: Making work pay while better protecting the jobless

Inequality measures in Lithuania (like in Estonia and Latvia) are high. To an important extent this is related to the high risk of poverty for non-working individuals and to the low rewards to work. Therefore, increasing the quality of jobs, ensuring that the most vulnerable have access to employment and providing adequate income support for those that have lost their job are key for making labour markets and the economy more inclusive.




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The distribution of the growth dividends

Widespread increases in inequality over the past three decades have raised the question of the distribution of the growth dividends.




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The distribution of the growth dividends

Widespread increases in inequality over the past three decades have raised the question of the distribution of the growth dividends.




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Luxembourg: reaping the benefits of a diverse society through better integration of immigrants

Luxembourg’s large foreign-born population is a pillar of the country’s prosperity: they have brought skills and knowledge to many sectors of the economy.




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United we stand divided we fall: the need for greater inclusiveness in Israel

Today’s excellent outlook offers Israel a unique opportunity to prepare for the challenges of the future which require stronger social cohesion. Israeli society is indeed marked by large inequalities.




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Innovation, diversification and better logistics key to sustainable and inclusive growth, says latest Latin American Economic Outlook

After a decade of relatively strong growth, Latin America is facing headwinds associated with declining trade, a moderation in commodity prices and increasing uncertainty over external financial conditions, according to the latest Latin American Economic Outlook jointly produced by the OECD Development Centre, the UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and CAF - Development Bank of Latin America.




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Dividing the pie in Brazil: income distribution, social policies and the new middle class

Brazil has made remarkable progress in reducing poverty and inequality. This reduction is explained by strong growth but also by effective social policies. Besides growth, public services and cash transfers have played the biggest role, the latter notably through the successful "Bolsa Familia" programme.




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Diving into empty pools - OECD Insights blog for 7th World Water Forum

When we think about water scarcity, we tend to focus on drinking water. But in terms of global usage, drinking water accounts for only 8% of water use, with 22% used by industry and 70% for farming and irrigation. Effective water governance must mediate across a broad set of actors and needs that cut across all economic sectors.




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Bridging divides in a post-truth world

The 2017 OECD Forum takes place after a series of political upheavals few would have predicted scarcely twelve months ago. Divides have become more apparent between metropolises and capital cities on the one hand, and towns and villages on the other, between Millennials and pensioners, between the haves and the have-nots, between the best and the rest.




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Imagining the life of a Fearless Girl: Gender diversity in corporate leadership

Drawing inspiration from 'Fearless Girl', the diminutive and plucky bronze statue that’s been staring down the 3-ton ‘Charging Bull’ on Wall Street for the past year, OECD’s Mathilde Mesnard and Bill Below highlight the importance of gender diversity in corporate leadership.




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Germany Imports from Maldives

Imports from Maldives in Germany increased to 2095 EUR THO in February from 1944 EUR THO in January of 2020. Imports from Maldives in Germany averaged 823.24 EUR THO from 2000 until 2020, reaching an all time high of 3038 EUR THO in April of 2016 and a record low of 18 EUR THO in June of 2004. This page includes a chart with historical data for Germany Imports from Maldives.




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Maldives IP Addresses

IP Addresses in Maldives increased to 24100 IP in the first quarter of 2017 from 22234 IP in the fourth quarter of 2016. IP Addresses in Maldives averaged 17164.90 IP from 2007 until 2017, reaching an all time high of 24100 IP in the first quarter of 2017 and a record low of 1557 IP in the fourth quarter of 2007. This page includes a chart with historical data for MaldivesIP Addresses.




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Maldives Average Temperature

Temperature in Maldives increased to 28.12 celsius in December from 27.76 celsius in November of 2015. Temperature in Maldives averaged 27.75 celsius from 1901 until 2015, reaching an all time high of 29.38 celsius in April of 2010 and a record low of 26.24 celsius in December of 1971. This page includes a chart with historical data for Maldives Average Temperature.




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Maldives Average Precipitation

Precipitation in Maldives increased to 253.89 mm in December from 226.38 mm in November of 2015. Precipitation in Maldives averaged 178.43 mm from 1901 until 2015, reaching an all time high of 480.41 mm in October of 1994 and a record low of 51.79 mm in February of 1980. This page includes a chart with historical data for Maldives Average Precipitation.




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Maldives Foreign Direct Investment

Foreign Direct Investment in Maldives decreased by 491.30 USD Million in 2018. Foreign Direct Investment in Maldives averaged -388.64 USD Million from 2011 until 2018, reaching an all time high of -228 USD Million in 2012 and a record low of -517.50 USD Million in 2017. This page provides - Maldives Foreign Direct Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Maldives Government Debt to GDP

Maldives recorded a government debt equivalent to 24.70 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Maldives averaged 34.89 percent from 1990 until 2018, reaching an all time high of 53.70 percent in 2007 and a record low of 16.20 percent in 2015. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Maldives Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Maldives External Debt

External Debt in Maldives increased to 1389.50 USD Million in 2018 from 1190.30 USD Million in 2017. External Debt in Maldives averaged 925.36 USD Million from 2010 until 2018, reaching an all time high of 1389.50 USD Million in 2018 and a record low of 696.20 USD Million in 2015. This page provides - Maldives External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Maldives GDP per capita

The Gross Domestic Product per capita in Maldives was last recorded at 8049.90 US dollars in 2018. The GDP per Capita in Maldives is equivalent to 64 percent of the world's average. GDP per capita in Maldives averaged 6544.58 USD from 1995 until 2018, reaching an all time high of 8049.90 USD in 2018 and a record low of 4599.60 USD in 1995. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Maldives GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Maldives Current Account to GDP

Maldives recorded a Current Account deficit of 25 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Maldives averaged -14.17 percent from 1997 until 2018, reaching an all time high of -3.20 percent in 2014 and a record low of -36.40 percent in 2005. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Maldives Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Maldives GDP per capita PPP

The Gross Domestic Product per capita in Maldives was last recorded at 13611 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Maldives, when adjusted by Purchasing Power Parity is equivalent to 77 percent of the world's average. GDP per capita PPP in Maldives averaged 11065.70 USD from 1995 until 2018, reaching an all time high of 13611 USD in 2018 and a record low of 7777.20 USD in 1995. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Maldives GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Deposit Interest Rate in Maldives

Deposit Interest Rate in Maldives increased to 3.66 percent in 2018 from 3.57 percent in 2017. Deposit Interest Rate in Maldives averaged 6.11 percent from 1980 until 2018, reaching an all time high of 9.09 percent in 1985 and a record low of 3.57 percent in 2017. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Maldives.




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Maldives Current Account

Maldives recorded a Current Account deficit of 1338.10 USD Million in 2018. Current Account in Maldives averaged -309.44 USD Million from 1997 until 2018, reaching an all time high of -21.90 USD Million in 1998 and a record low of -1338.10 USD Million in 2018. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Maldives Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Maldives Capital Flows

Maldives recorded a capital and financial account deficit of 1418.20 USD Million in 2018. Capital Flows in Maldives averaged -588 USD Million from 2011 until 2018, reaching an all time high of -59.50 USD Million in 2013 and a record low of -1418.20 USD Million in 2018. This page provides - Maldives Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Maldives GDP From Agriculture/ Primary Industry

GDP From Agriculture in Maldives increased to 3461 MVR Million in 2018 from 3302 MVR Million in 2017. GDP From Agriculture in Maldives averaged 3008 MVR Million from 1995 until 2018, reaching an all time high of 3914 MVR Million in 2006 and a record low of 2298 MVR Million in 1995. This page provides - Maldives Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Maldives GDP From Construction

GDP From Construction in Maldives increased to 4622 MVR Million in 2018 from 4108 MVR Million in 2017. GDP From Construction in Maldives averaged 1975.04 MVR Million from 1995 until 2018, reaching an all time high of 4622 MVR Million in 2018 and a record low of 441 MVR Million in 1996. This page provides - Maldives Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.