Harvard under-achieves: Daily Wealth Letter

Insight, Markets, Reports — By on January 31, 2017 at 2:47 PM

Ian Brodie

Daily Wealth Letter

a daily synopsis of the wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com

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NUMBER 387   TUESDAY, JANUARY 31, 2017

Harvard under-achieves

Harvard University’s wealth has grown more slowly than other private universities over the past five years, a result of its under-performing endowment and other financial issues, according to a Moody’s Investors Service report.  READ MORE: http://thewealthforums.com/2017/01/31/harvard-under-performs/

Saudis embrace VAT

Tax-free living will soon be a thing of the past for Saudis after its cabinet on Monday approved an IMF-backed value-added tax to be imposed across the Gulf following an oil slump, according to an Agence France Press report.  READ MORE: http://thewealthforums.com/2017/01/31/saudis-embrace-vat/

Ecuador in tax haven initiative

The new chair of the United Nations G77, Ecuador, is lobbying for an independent UN body that will eliminate tax havens and illicit financial flows which affect the world’s poorer nation.  READ MORE:http://thewealthforums.com/2017/01/31/ecuador-tax-haven-initiative/

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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