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As part of an overall package of regulations, European leaders pledged to crack down on tax havens over the weekend. “We want
results on this, with a list of tax havens and a series of
consequences,” said French President Nicolas Sarkozy. German Chancellor Angela Merkel, who’s had tax havens in her crosshairs for a while, stressed the [...]
Great rant from blogger David Galbraith via Boing Boing:
Short of opening a Radio Shack in an Amish town, Dubai is the world’s worst business idea and there isn’t even any oil. Imagine proposing to build Vegas in a
place where sex and drugs and rock and roll are an anathema. This is
effectively the proposition that created [...]
Russian Foreign Minister Sergey Lavrov gave an interesting interview to Der Spiegel today. He expresses some optimism about relations between Russia and the United States, attributing the thaw to the need to address the financial crisis:
The global financial crisis is forcing all countries to focus on the real problems. It’s actually a simple task….We can [...]
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