Slower core inflation has allowed the Reserve Bank of India to begin easing monetary policy, despite its objection to the fiscal stance.

FORBES: Is India Bearishness Overblown?

The main objection to the EU's policy is that it applies to air-miles clocked up outside European airspace.

ECONOMIST: Planes and pollution

But probably a better objection to this policy is that it leaves the poorest households very exposed to inflationary shocks.

BBC: Fairness and the welfare bill

The Center for Security Policy applauds Rep. Blunt's leadership and the adoption without objection of his amendment to spare Americans the financial burdens such "globotaxes" would represent and the ominous strategic implications of affording the UN and other international institutions revenue streams independent of their nation members.

CENTERFORSECURITYPOLICY: House votes to oppose 'globotaxes'!