September 23rd, 2009
It's a big week for international affairs with the UN General Assembly
meetings going on today, and the
G20 summit happening Thursday and Friday. While New York and the UN meetings (cough, cough, will Obama run into Ahmadinejad?, cough) have dominated coverage over the past few days, from our point of view, what comes out of the G20 Summit in Pittsburgh is much more important.
In April, the G20 leaders
announced the "the era of banking secrecy is over" and vowed to crack down on tax evaders. In July, the G8
stated the need...
September 17th, 2009
Today, following the conclusion of a two day conference titled “Increasing Transparency in Global Finance: A Development Imperative,” the Task Force on Financial Integrity and Economic Development issued the following
statement to the members of the G-20:
Today the Task Force on Financial Integrity and Economic Development concluded a two-day conference which provided an opportunity to examine in-depth the linkage between global illicit financial flows and their adverse impact on development.
The massive flow of illicit money out of developing nations, estimated at some $1 trillion per year, outpaces current levels of...
September 16th, 2009
US Senator Carl Levin (D-MI) is currently giving the keynote address to the 2009 annual Task Force conference. His full remarks (as prepared for delivery) can be found
here.
We'll get video of the speech up on
YouTube as soon as possible after the address.
September 16th, 2009
Some very exciting news out of the Task Force conference:
Chaikou Yaya Diallo of the Guinea government, announces that he wants to convene a summit of African ministers to discuss the issue of illicit financial flows and the devastating ramifications they have on developing countries.
This is how progress happens.
Anyway, now we're eagerly looking forward to Senator Carl Levin's address at 7:15pm EDT.
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