Switzerland: Regularization of undisclosed assets In Switzerland and South Africa – transparency on the horizon
Article by Urs Feller, Danielle Wenger and Marcel Frey From Prager Dreifuss Introduction The Organization for Economic Co-operation and Development (“OECD”) Standard for Automatic Exchange of Financial Account Information in Tax Matters, which encompasses the Common Report- ing Standards (“CRS”),…
Board of troubled Fidelity Bank approves Mauritian group takeover bid
By BRIAN NGUGI From Business Daily Africa IN SUMMARY Fidelity has been looking to sell an equity stake to a strategic investor in order to bolster its capital base. Under the deal with SBM, the Mauritian firm will inject Sh1.46 billion…
Blockchain technologies entered the trough of disillusionment in 2016, but 2017 will be brighter
By Peter Smith From TechCrunch What does 2017 have in store for digital assets and underlying blockchain technology? This is a vital question for those in fintech, especially in light of recent news that Goldman Sachs and Santander left R3…
UN chief bids farewell
By Nelson A. King From Caribbean Life United Nations Secretary-General Ban Ki-moon said goodbye to staff and Caribbean and other Permanent Representatives at UN Headquarters in New York on Friday. Stating that though he had delivered many speeches over his…
New York train crash injures more than 100 commuters
By Jonathan Oatis From Rueters A New York City train derailed at a downtown Brooklyn terminal during Wednesday’s morning rush hour, injuring more than 100 commuters in the metropolitan area’s second major rail accident since late September. Emergency crews swarmed…
These were the 8 most offensive ads from Australia in 2016
By Hannah Roberts From Business Insider The Australian Standards Bureau (ASB) has released a list of the most complained-about ads of 2016. The most complained about ad, criticized for discriminating against vegans, received more than 700 complaints. In total, the ASB received…
Tillerson leaving Exxon with $180 million retirement package
From Newsmax Rex Tillerson will get a $180 million retirement package from Exxon Mobil Corp. if he is confirmed as President-elect Donald Trump’s secretary of state. Tillerson will give up more than 2 million Exxon shares he would have received…
Facebook Live broadcast ends in tragedy as thousands watch Arkansas mother die ‘and do nothing’
By Tom Embury-Dennis From The Independent UK Friends watch Keiana Herndon collapse while holding her one-year-old son A woman has died while broadcasting on Facebook Live as thousands watched and “did nothing”. Keiana Herndon collapsed while holding her one-year-old son and streaming from her friend’s…
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Tiny grazers may be the new hope for Caribbean reefs
From ScienceBlog Thirty years ago a mysterious disease wiped out long-spined black sea urchins across the Caribbean, leading to massive algal overgrowth that smothered already overfished coral reefs. Now, marine biologists at the Smithsonian Tropical Research Institute (STRI) report that…
Step to take when downloads are taking too long
From Wn.com The Internet and all its uses are unlimited in a sense. Millions of new websites are created and millions of downloads take place from some of these websites per day. Each day, thousands upon thousands of downloads take…
