Tech

Money market accounts vs. money market funds: How these two low-risk savings options differ

时间:2010-12-5 17:23:32  作者:Style   来源:Interviews  查看:  评论:0
内容摘要:When India launched Operation Sindoor and Pakistan replied with Operation Bunyan-um-Marsoos, the world braced for escalation. Analysts held their breath. Twitter exploded. The Line of Control – that jagged scar between two unfinished imaginations of nationhood – lit up again.

When India launched Operation Sindoor and Pakistan replied with Operation Bunyan-um-Marsoos, the world braced for escalation. Analysts held their breath. Twitter exploded. The Line of Control – that jagged scar between two unfinished imaginations of nationhood – lit up again.

Bukele said the law is intended to limit foreign influence and corruption. It comes after the government took a number of steps that have prompted concerns the country may be entering a new wave of crackdowns. Critics warn that it falls in line with measures passed by governments in Nicaragua, Venezuela, Russia, Belarus and China.Here are more details about the root of the criticism:

Money market accounts vs. money market funds: How these two low-risk savings options differ

What does the law say?Anyone — individual or organisation, local or foreign — who acts in the interest of a foreign entity or receives foreign funding to operate in El Salvador is required to register under the law.Every payment, whether in cash, goods or services, made to such groups will be subject to a 30-percent tax. The final law passed does not specify how the money from the tax will be used.

Money market accounts vs. money market funds: How these two low-risk savings options differ

While the United States also has a law that requires individuals working on behalf of foreign entities and governments to register, Bukele’s is far broader in scope and grants him greater powers. It is fairly common in poorer countries in Latin America to depend on international aid dollars, as it is often difficult to raise money in their own countries.Analysts say a broad definition of a “foreign agent” in the law could cover:

Money market accounts vs. money market funds: How these two low-risk savings options differ

New rules governing NGOs

The law creates a new government body called RAEX, or Registry of Foreign Agents, which will have wide powers, including setting requirements for registration, approving or denying applications, revoking or refusing to renew registrations and demanding documents or information at any time.A Ugandan human rights activist, arrested in Tanzania after travelling to the country to support an opposition politician at a trial for treason, has been tortured and dumped at the border, according to an NGO.

Ugandan rights group Agora Discourse said on Friday that activist and journalist Agather Atuhaire had been “abandoned at the border by Tanzanian authorities” and showed signs of torture.The statement echoes reports regarding a Kenyan activist detained at the same time and released a day earlier, and supports complaints of a crackdown on democracy across East Africa.

Atuhaire had travelled to Tanzania alongside Kenyan anticorruption campaigner Boniface Mwangi to support opposition leader Tundu Lissu, who appeared in court on Monday.Both were arrested shortly after the hearing and held incommunicado.

copyright © 2016 powered by FolkMusicInsider   sitemap