Trump Demands Iran 'Release These Women' As World Tensely Awaits 2nd Pakistan Talks, US Navy Boards Another Vessel

Saudi Arabia's $1Tn Wealth Fund Opens Shanghai Office As China Ties Deepen Via The Cradle Saudi Arabia’s Public Investment Fund (PIF) opened a second office in mainland China earlier this year, establishing a Shanghai branch to expand dealmaking and attract more Chinese investment into the kingdom, Bloomberg reports. The office was registered last year, falls under PIF’s Beijing branch, and is led by Lily Cong, a former chief representative of Fidelity International in China’s capital. Source: Britannica  The Shanghai outpost was reportedly created to strengthen the $1 trillion fund’s ability to pursue outbound deals in China,...

It is important to note that states and what we know as taxes gradually emerged through war, conquest, plunder, and tribute. While the organization has changed and become formalized over time, states and taxes have not lost their coercive character.