Millionaires got $80 million in jobless aid in US recession
From Newsmax The U.S. government paid almost $80 million in unemployment benefits during the worst of the economic downturn to households that made more than $1 million, including a record $29.9 million in 2010, tax records show. Almost 3,200 households…
Pirates of the Caribbean: global resistance to tax havens grows
Tax havens cause hundreds of millions of euros in annual damage to national economies around the world and they create an uncontrollable parallel economy. The recent Offshore Leaks investigative reports are helping to fuel efforts in Europe and the US…
Development in communication has helped organised crime
By Bassma Al Jandaly, Senior Reporter, gulfnews International cooperation between police bodies required for the safety of societies Dubai: Technical development and progress in the field of communication has turned the world into a true open space that has helped…
Deadly quake in south-west Iran’s Bushehr province
BBC A 6.3 magnitude earthquake has killed more than 30 people and injured 850 in south-west Iran, officials say. Rescue teams have been sent to the affected area, but darkness is hampering rescue operations. The quake struck 90km (60 miles)…
HBO Latin America and Cable & Wireless (LIME) Reach Broadcast Agreement
The Cayman Islands cable operator leads the way for the island MIAMI, April 9, 2013 /PRNewswire-HISPANIC PR WIRE/ — HBO Latin America Group and LIME, the Caribbean brand of Cable & Wireless Communications, announced an agreement today for the transmission…
Bermuda’s lucrative shipping registry falls foul of international standards
By Ayo Johnson from The Royal Gazette Bermuda’s shipping registry has fallen foul of international quality standards and could face restrictions by the UK Government. And the development of the aviation registry business is effectively on hold, The Royal Gazette…
Bahamas Labour Minister responds to industrial unrest at BEC
On Wednesday April 3, 2013 the Management of the Bahamas Electricity Corporation filed a Trade Dispute I pursuant to Section 68 of the Industrial Relations Act 1970. The dispute was filed as a result of an illegal work stoppage by…
Jersey is world’s favourite offshore centre [Cayman is 4th]
by Jim Atkins, iExpats.com Despite their reputations taking a severe knock, the world’s offshore financial centres have managed to bounce back in popularity, according to a new report. The Global Finance Centre Index, produced by research group Long Finance, uses…
The corporate offshore tax shuffle
By Scott Klinger, Sky Valley Chronicle Shifts $90 billion of tax expenses onto the backs of working stiffs this Tax Day (NATIONAL) – Today (April 8), corporate profits are setting all-time records while middle class families continue to struggle financially….
Once Upon A Time spin-off takes shape, gains a wolf…sort of
by Alasdair Stuart Bleeding Cool Staff Writer Once Upon A Time is one of those shows I’m still trying to figure out. It’s a great idea in principle, and the episodes I’ve seen have involved Robert Carlyle not so much…