Amudim

[GreekIdiot]

Desperate measures for desperate times: Tel Bira to join Kalistani NAM and offer 0% corporate and asset tax for 150 years

May 5637

Tel Bira, Adishut Nisrad - Although the Adishut Nisrad's (City State of Tel Bira) decision to join the Kalistani-authored Non-Aligned Movement, or NAM, has been in the works even before former Prime Minister Maria Kadiyot's stepdown in 5608, what surprised investment firms and hedge funds more was the administration's passing of a rather controversial and noticeably unpopular policy with the middle and lower classes.

The Financial Services Code of Conduct & Unilateral Coded Fiscal Policy of Fiduciary Responsibility & Keshef, Asset, Bonds and Wealth Management Agreement, or "Beidel Mark" for short (we have no idea who named this), is a policy that, simply put, slashes taxes for corporations and holders of assets (i.e. real estate, bonds, shares) declared in Tel Bira, with a 150-year insurance guarantee by the Central Bank of Amudim itself.

The goal: to keep a sharply declining and continuously more irrelevant financial industry afloat, especially after Ashalon Bank BEIFG, one of the hallmarks of global Yeudi banking, saw its market cap slashed by a whopping 17.3% following Hutori's declaration of war.

Effective upon formal ratification of NAM, the City of Tel Bira will also cut all defence related spending to Amudim.

@Neset