Million Revelers Line Streets of
Cologne for Carnival
Everything is allowed: a papier mache doll of German Chancellor Angela Merkel as dominatrix. The World Cup was the theme, but revelers also poked fun at the bird flu crisis as one million people took to the streets of Cologne on Monday for the biggest carnival of the season in Germany. The nearby cities of Düsseldorf and Mainz also held carnival parades on Monday, attended by hundreds of thousands. READ ON
DaimlerChrysler mulls US chances for Smart
German-U.S. carmaker DaimlerChrysler AG (DCX) is considering possibilities for launching its troubled mini-car Smart on the U.S. market. "Right now it's more probable that we'll make a decision in favor of the U.S.A. rather than against it," said DaimlerChrysler head Dieter Zetsche, according to the report. A final decision about a U.S. market entry of the two-seater Smart is likely to be reached in the first half of this year, the report adds. And here's the dirty little secret about the silly little car. It loses a HUGE amount of money. Like hundreds of millions of dollars per annum. READ ON
Good news!.... if you are cheating on your taxes
The Belgian Inland Revenue is going to focus this year on collecting taxes, not on inspection. This is said by Jean-Marc Delporte, top civil servant of the Belgian tax authorities. Earlier it was made public that Inland Revenue made mistakes in 3,000 files. Furthermore, some 4,000 self employed people got wrong tax receipts because Inland Revenue did not take advance payments into account. READ ON
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