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LIECHTENSTEIN IS NOT WHAT IT USED TO BE
Prince Hans-Adam II welcomes an end to financial secrecy in this former citadel of privacy. And he demands more political power - or he will leave. A must read as the prince negotiates with parliament.More on this story here and here.
SWISS POLITICIANS PUSH UNITED NATIONS MEMBERSHIP
The Swiss electorate in 1986 overwhelmingly rejected UN membership by a 3-1 majority. Now politicians again want to join the UN, and a poll says a majority might say 'yes' this time around.More on this story here and here.
EURO MAKES LATVIA POPULAR MONEY CHANGER
RIGA. Absence of any cash reporting laws makes this a popular place to change (and wash) currencies into the new EU euro.More on this story here.
A CHANNEL ISLAND EMBARRASSED BY ITS HISTORY
GUERNSEY now wants to obliterate its reputation as a tax haven.More on this story here.
IRELAND THREATENS E.U.
Taoiseach Bertie AHERN warns the EU to forget “tax harmonization” for at least 20 years. Ireland is doing fine without it.More on this story here.
ANOTHER MAJOR U.S. COMPANY BERMUDA BOUND
The New York based Ingersoll-Rand Co., a leading industrial firm, moves to Bermuda to save on corporate taxes.More on this story here.
BELIZE TO END ECONOMIC CITIZENSHIP PROGRAM
BELIZE CITY. One of the few remaining second citizenship programs in the world, that of Belize, is about to end. The Embassy of Belize in Washington confirmed to us that the Cabinet recently voted to end the program at a date not yet set. A reform commission urged the change. The qualified residency program (QRP) for foreigners remains in place.More on this story here.
DOMINICA SCANDAL, VISA TROUBLES CONTINUE
ROSEAU. The finance minister is caught up in a money laundering mess and Canada will not accept the nation’s economic passports.More on this story here and here.
NEVIS BUDGET SQUEEZE
CHARLES TOWN. This tiny Caribbean offshore financial services center, also with an economic citizenship program, is in debt 100 million Eastern Caribbean dollars (US$37 million).More on this story here.
PANAMA CANAL MODERNIZATION
In spite of the nation’s shaky national finances, the government moves ahead with the essential modernization of the Panama Canal.More on this story here.
ANTI-TERRORISM AND THE OFFSHORE WORLD
PANAMA CITY. Veteran offshore specialist Derek SAMBROOK provides the historic perspective and predicts the future after 9-11.More on this story here.
BUENOS AIRES. The government falls amid rioting in the streets.More on this story here.
THAILAND FOR EXPATS
BANGKOK. A veteran travel writer explains that Thailand really is a mood, with much to offer new residents from other lands.More on this story here.
U.K. “SANCTIONS” NAURU
LONDON. The British government warns one and all to 'watch out' when dealing with any of Nauru's notorious 400+ shell banks.More on this story here.
BRITISH GOVERNMENT PRESSURES COLONIES
LONDON. Tony BLAIR's Foreign Office keeps on forcing UK overseas territories to end their role as offshore financial havens.More on this story here.
LUXEMBOURG PROBE HITS PRIVATE BANK
Respected PICTET et fils, a leading private bank, is forced to halt dealings in three of its Luxembourg investment funds.More on this story here.
AMERICAN BANKS AS F.B.I. SPIES
The Cato Institute exposes the government's blatant attack on US financial privacy, and details the costs in both freedom and cash.More on this story here.
THE GLOBAL MELTDOWN
CNN/Money’s review of the year that was.More on this story here.
A CENTURY OF STOCKS
A chart showing 100 years of stock market swings. (pdf download)More on this story here.
BUSH ANTI-TERROR LAW PRODUCES LEGAL CHAOS
The rushed-through-Congress, 342 page PATRIOT Act causes a major mess in and out of government. What does it all mean?More on this story here.
“This massive suspension of civil liberties...will likely set precedents that will come back to haunt us terribly.”More on this story here.
THE NEW SURVEILLANCE SOCIETY
You will be watched, listened in on, tracked and recorded.More on this story here.
CANADA, AUSTRALIA CURB BASIC FREEDOMS
The Aussie government now will read your e-mail; Canada officially becomes a semi-police state.More on this story here and here.
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