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Smart Reads May 1, 2013

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Another runner in the Great Tax Race: Susana Martinez, governor of New Mexico, hopes that recently approved cuts to corporate tax rates will help diversify its economy – following on from a tax incentive measure for the film industry designed to attract more television productions like Breaking Bad.
♦ As the Syrian state pulls back, necessity has forced rebel fighting brigades to take on the role of governing the towns and villages across rural northern Syria.
♦ Chile is embroiled in an embarrassing statistical scandal, casting a cloud over Sebastián Piñera’s final months in office. It seems analysts were right to question how he kept inflation at just 1.5 per cent despite growth of 5.6 per cent.
♦ The US seems to be headed for a manufacturing renaissance.
♦ Since the revolution, Cairo residents have turned to do-it-yourself infrastructure as they grapple with getting about from day to day. The New York Times has photographed the boom in illegal construction.
♦ The New York Times has also profiled Sohel Rana, the most hated man in Bangladesh: “He traveled by motorcycle, as untouchable as a mafia don, trailed by his own biker gang.”
♦ IBM has created the world’s smallest film by manipulating single atoms on a copper surface.
♦ Cash is still king in China, where home buyers make payments in trunks filled with cash and monthly salaries are delivered in armoured cars.

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