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Samoa’s Prime Minister Defends Country’s Role As Offshore Tax Haven

Samoa’s Prime Minister Defends Country’s Role As Offshore Tax Haven

The prime minister of Samoa has defended his country’s role as an offshore tax haven, claiming it provides revenue for social programmes for young people who might otherwise be exposed to illegal drugs. During a visit to Brussels, prime minister Tuilaepa Aiono Sailele Malielegaoi suggested the ravages of climate change on his Pacific island nation […]

OPINION: Corruption Can No Longer Be Dismissed As a Developing World Problem

OPINION: Corruption Can No Longer Be Dismissed As a Developing World Problem

By Thursday morning all the A-listers will have arrived. From Washington will fly in a succession of jets, bearing US secretary of state John Kerry as well as the bosses of the IMF and World Bank. Fifa and Uefa will send over their top bureaucrats. Captains of business will trail retinues of lobbyists. All will […]

Tax Havens Have No Economic Justification, Say Top Economists

Tax Havens Have No Economic Justification, Say Top Economists

More than 300 economists, including Thomas Piketty, are urging world leaders at a London summit this week to recognise that there is no economic benefit to tax havens, demanding that the veil of secrecy that surrounds them be lifted. David Cameron agreed to host the summit nearly a year ago, but the event is in […]