The queen of the night

Article Abstract:

Tulips became the object of speculation in the 17th century, and a futures market developed in 1634 in tulips to be delivered in summer 1635. Tulips prices dropped since growers had increased supply. The speculative bubble that developed has been compared to later stock market bubbles. There was a later bubble focusing on hyacinths, but it was not as serious as tulipmania. There has been increased interest in tulipmania and a number of works have been published on this topic.

History, Speculation, Tulips

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India's fermentation queen

Article Abstract:

Kiran Mazumdar Shaw, owner of India's largest biotechnology firm Biocon, is not carried away by the hype surrounding the sector. The biotech sector is touted to become the leading Indian high-tech sector, but Mazumdar Shaw says there are still many barriers, such as the time needed to develop products.

Management, Biotechnology industry, Biotechnology industries, Beliefs, opinions and attitudes, India, BIOC, Mazumdar Shaw, Kiran, Biocon Biochemicals Ltd.

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Should one pay tax? The queen's finances

Article Abstract:

Calls to end Queen Elizabeth's tax-exempt status cite her skyrocketing personal fortune, and in doing so confuse public and private assets. Her private investment income has actually decreased, and monarchy cost-cutting measures could make the question of taxation moot.

United Kingdom, Taxation, Finance, Kings and rulers, Kings, Elizabeth II, Queen of the United Kingdom

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