Pain and tragedy are universal. In the midst of the rubble of Palestine, photojournalist Eman Mohammed set out to show the pain of Palestine through portrait...
A home away from home for refugees in Mytilini. In September, Better Shelter supported UNHCR during a few days of...
A home away from home for refugees in Mytilini. In September, Better Shelter supported UNHCR during a few days of assembly in Karatepe transit camp, Mytilini...
This talk was given at a local TEDx event, produced independently of the TED Conferences. Why are China and India so...
This talk was given at a local TEDx event, produced independently of the TED Conferences. Why are China and India so populous? How did they account for half ...
Gísli gives us insight into the reality of the humanitarian aid worker, which is often enveloped in an aura of...
Gísli gives us insight into the reality of the humanitarian aid worker, which is often enveloped in an aura of nobility. Gísli Rafn Ólafsson officially becam...
UMBC President Freeman A. Hrabowski. chair of a National Academies committee on expanding the participation of...
UMBC President Freeman A. Hrabowski. chair of a National Academies committee on expanding the participation of underrepresented minorities in science and eng...
WASHTech aims to facilitate cost effective investments in technologies for sustainable water, sanitation and hygiene...
WASHTech aims to facilitate cost effective investments in technologies for sustainable water, sanitation and hygiene services. The WASHTech Technology Assess...
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.