June 20th, 2011
Graft and bribe: India lost $462 billion post-independence
The Economic Times, June 18, 2011
Govt to examine tax pacts with 87 nations
LiveMint, June 17, 2011
Greece loses €15bn a year to tax evasion
The Telegraph, June 20, 2011
India's push to tame tax evasion
The National, June 19, 2011
'Transparency' hides Zambia's lost billions
Al-Jazeera, June 18, 2011
No gain for India from Swiss pact as the new law cannot help get back black money
Business Today, June 20, 2011
June 20th, 2011
One of the main problems underlying the current crisis in the Eurozone is that the conditions set out in the Maastricht Treaty which lay the economic foundation of the zone are not congruent with the criteria needed to form an optimum currency area. The criteria under the Maastricht Treaty namely are (i) a rate of inflation no more than 1.5 percentage points higher than the average of three EU members with the lowest inflation rates (ii) a ratio of the annual government deficit to GDP not to exceed 3% at the end of the preceding fiscal year or...
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June 17th, 2011
SABMiller Under Scrutiny
Wall Street Journal, June 17, 2011
Saving Uganda from its oil
Thought Leader, June 16, 2011
Swiss Tax Haven Lures Rich From Emerging Markets
Bloomberg, June 16, 2011
Report: Corrupt Chinese Officials Take $123 Billion Overseas
Wall Street Journal, June 16, 2011
Russian Economic Forum Shows Signs of Tension
Voice of America, June 16, 2011
Bankers worried over passing of Anti-Money Laundering Bill
Daily Moniter, June 17, 2011
June 17th, 2011
Pirates are a problem. Every year they cost the world between $7 and $12 billion in ransoms, insurance premiums, security equipment, naval forces, prosecutions, anti-piracy organizations, and economic losses to regional economies. And these economic costs don’t include the human ones, which are also sizeable. Every year seafarers are attacked with automatic gunfire and RPGs, beaten, and held in extended confinement as hostages. Pirates sometimes use these hostages as human shields against naval vessels and often abuse their captives, both physically and psychologically. Paul and Rachel Chandler, a retired British couple who were on the “trip of their lifetime,”...
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