The African National Congress (ANC) recently lost their majority in the South African parliament for the first time since 1994. The ANC is South Africa’s liberation party, affiliated with Nelson Mandela. They are a moderate party that supports policies such as property redistribution, social welfare, and pro-business policies. They received 159 seats in the recent election. As a result, they had to enter into a coalition agreement to obtain the 42 additional seats necessary to form a government. They have since entered into a National Unity Government with the Democratic Alliance (DA) and the Inkatha Freedom Party (IFP). The DA (87 seats) is a centre right party that supports pro-business policies and race-neutral politics. The IFP (14 seats) is a right wing party with links to the apartheid struggle and interests in racial liberation. Other key parties in this election included theuMkhonto weSizwe (MK) party, holding 58 seats, and the Economic Freedom Fighters (EFF), holding 39 seats. All parties expressed willingness to enter into coalitions with the ANC, except for the MK Party. 

Health-related settlement funds refer to money that manufacturers, distributors, and pharmacies pay to settle lawsuits against them. A notable example is the Opioid Settlement, where Purdue Pharma, Johnson & Johnson, and Walgreens paid billions of dollars for their role in fueling the opioid crisis. Firms have also paid similar settlements to resolve allegations of fraudulent marketing, paying kickbacks, etc.

In many countries, religious groups and organizations are classified as tax exempt. This means that they are not required to pay taxes. These exemptions may be applied to income tax, revenue tax, etc.

The Defining Decade is a cultural norm which urges young adults to persistently pursue life goals, even at the expense of significantly neglecting immediate desires. As part of this approach, it is common to maximise educational value from most activities, seek more responsibility at work, seek instrumental value from social relationships, and stigmatise idle time.