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| The Daily Quote; News from Strathakoka | |
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| Topic Started: 20th July 2015 - 10:26 AM (164 Views) | |
| Strathakoka | 20th July 2015 - 10:26 AM Post #1 |
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 July 20th, 2015 Article by Morgan McShaw "Strathakokan Government Aims to Attract Expelled Companies From Nueva Ardia"  James Foulger, Minister of Finance  DIXON - In a session of Parliament earlier today, a bill spearheaded by Finance Minister Foulger, in collaboration with the Ministers of Agriculture, Energy and Labour and Employment, has been passed that aims to lure in fleeing business from Nueva Ardia. Nueva Ardia, which has been experiencing increasing instability since the assassination of Prince Abran Penultimo, has taken extreme steps in expelling foreign companies out of the country, branding them as "imperial". The new government of the country has labeled itself as a "socilaist state", and has taken aggressive measures in curbing foreign investment and returning the country's natural resources to state ownership. As many foreign companies in Nueva Ardia are concentrated in the oil, mining and agricultural sectors, these industries have been the worst affected. In an effort to capitalize on the growing economic disaster in Nueva Ardia, to better the Strathakoan economy and to give certainty to the global markets, Minister Foulger hopes to set forth a plan that will put Strathakoka's vast landscape of fertile farmlands, oilsands and mines to good use. As a nation with an economy mostly reliant on agriculture and energy production, it will come to no surprise that the Strathakokan government will be the first to come to the aid of the fleeing corporations. When The Daily Quote questioned Minister Foulger following the parliamentary session, he had this to say: "It is simple. The Strathakokan government aims to attract expelled companies from Nueva Ardia. We have enough natural resources to mitigate global demands and we have more than enough resources for companies to build a future upon. We have the required infrastructure, a highly skilled workforce and an economy and political force willing to support them. We want to let these companies know that we have their backs and that there is a place out there for them to call home." Minister Foulger's bill included temporary decreases in energy and agriculture royalty levies, a boost in agricultural subsides and special tax breaks given specifically to companies that have recently relocated to the country. With agrarianism playing a large role in Strathakokan policy, and unions having a stronghold over Strathakoakn politics, the passing of the bill has been mostly warmly received. Despite having a highly paid and unionized workforce, Strathakoka manages to maintain it's extremely powerful and competitive agricultural sector through large yet competitive subsidies, which it then makes returns on through it's royalty and levy schemes. An increase in the flow of capital and investment from more foreign companies would bring considerable growth to an already booming market in Strathakoka. However, the bill has also received some criticisms, most namely from the Green Party, which was the only party to oppose the bill in Parliament. The current government has already been criticized for selling out its natural resources in order to turn a profit, and the staggeringly large increases in oil and gas production will continue to skyrocket should more foreign companies relocate to Strathakoka. Frank Minsch, the leader of the Green Party, has had this to say: "We once again see the Lauran government taking steps in the opposite direction - instead of diversifying our economy and building up new sectors, we have resorted to bloating and increasingly our reliance on agriculture and energy. With disastrous carbon emissions and low air quality as it is, I can only imagine what this will bring." It is expected that several companies will be relocating their capital and offices soon, but only time will tell if this bill will truly come to fruition. Edited by Strathakoka, 20th July 2015 - 10:43 AM.
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^ 6:16 PM Jul 13
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May the force be with you.