On April 12, 2011, Maurice Young checked himself into a local homeless shelter looking for a break from his life. What he didn’t expect to find was his life’...
A guide to your consumer rights Subscribe to the Guardian HERE: http://bitly.com/UvkFpD Guardian consumer affairs...
A guide to your consumer rights Subscribe to the Guardian HERE: http://bitly.com/UvkFpD Guardian consumer affairs correspondent, Rebecca Smithers, breaks dow...
How do you pick up a malicious online virus, the kind of malware that snoops on your data and taps your bank...
How do you pick up a malicious online virus, the kind of malware that snoops on your data and taps your bank account? Often, it's through simple things you d...
Harvard Professor Lawrence Lessig makes the case that our democracy has become corrupt with money, leading to...
Harvard Professor Lawrence Lessig makes the case that our democracy has become corrupt with money, leading to inequality that means only 0.02% of the United States population actually determines who's in power. Lessig says that this fundamental breakdown of the democratic system must be fixed before we will ever be able to address major challenges like climate change, social security, and student debt. This is not the most important problem, it's just the first problem..
Our Hispanic families, both in the United States and in their home countries, face the same challenges in some way:...
Our Hispanic families, both in the United States and in their home countries, face the same challenges in some way: poverty, climate change and violence. Let...
BRCK Education, a division of BRCK, a local technology firm based in Nairobi, has launched a value priced tablet...
BRCK Education, a division of BRCK, a local technology firm based in Nairobi, has launched a value priced tablet that will be running web-based content and l...
The Economist reports on how immigrants help both the countries they leave and those to which they move. Added to...
The Economist reports on how immigrants help both the countries they leave and those to which they move. Added to www.audiovideo.economist.com in October 200...
The west historically have been dominating the global economy. With the rise of China and Asia, how would the world...
The west historically have been dominating the global economy. With the rise of China and Asia, how would the world change with the new center of economy being a non Western and European focus. Danny Quah is Professor of Economics and International Development at the London School of Economics and Political Science, and Director of the Southeast Asia Centre at LSE’s new Institute of Global Affairs. He had previously served as LSE’s Head of Department for Economics and Council Member on Malaysia’s National Economic Advisory Council.
The laws on the books are often not the laws that exist in the fields for farmworkers. Sixteen California...
The laws on the books are often not the laws that exist in the fields for farmworkers. Sixteen California farmworkers have died of heat stress since 2005, wh...
James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even...
James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play.
In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world.
The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands.
Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same.
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