capping

Hi guys, In the wake of the banking crisis of 2008, significant press coverage was given to the large salaries, bonuses and pensions being paid to certain individuals in banking and finance, which were seen as being excessively high in relation to both the social worth of those jobs. Please...

WHEN finance is not being blamed for wrecking the economy, it is being attacked for profiteering. Earlier this month the 7-Eleven chain of convenience stores in America presented a petition with more than 1.6m signatures to Congress, calling for a reduction of the fees levied by payment-card...

STATEMENTS by Barack Obama on his travels through Asia have lowered expectations that December’s global summit on climate change in Copenhagen will lead to binding cuts in carbon emissions. The urgency of dealing with climate change means that many countries are drawing up national policies to...

In professional sports, a salary cap (often called a wage cap in the United Kingdom) is a limit on the amount of money a team can spend on player salaries, either as a per-player limit or a total limit for the team's roster (or both). Several sports leagues have made salary caps mandatory, both...

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