Financial Transparency Coalition

ZIMBABWE- HARARE - Zimbabwe’s political, social and economic has created massive wealth and opportunities for the people who deliberately devised ruinous policies. The leading beneficiaries are non other than Robert Mugabe and his personal Banker Gideon Gono.

There was an awfully genteel protest organised by the Tax Justice Network in Jersey earlier this year. The TJN had joined up with a group of Jersey campaigners who would like the island to wean itself off its dependence on the more creative aspects of modern finance. Christian Aid have estimated that Southern countries lose at least $160 billion every year in unpaid taxes as a result of dodgy accounting by corporations operating on their territory. According to the OECD, there is $5 trillion (or more) parked in offshore tax havens, beyond the reach of impertinent governments and their...

Peer Steinbrück is back on the verbal warpath. This week's target is a returning guest -- Britain. The alleged offense at 10 Downing Street: torpedoing efforts at EU financial reform to keep London bankers happy.

On a hot Saturday morning in May at the Rolle yacht club on Lake Geneva, Guy de Picciotto, chief executive officer of Switzerland’s Union Bancaire Privee, smears on sunblock as he rallies a professional, lycra-clad crew of six to race his 35-foot, $600,000 catamaran.