To continue this series, which began when I, amongst many others, noted just how many secrecy jurisdictions are participating in the Olympics, today is the turn of Luxembourg. They have just nine athletes at the Olympics but they come third in terms of global significance as a tax haven.
The following comes from the Tax Justice Network report on Luxembourg produced to support the Financial Secrecy Index and published on the Secrecy Jurisdictions web site.
Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:
You can subscribe to this blog's daily email here.
And if you would like to support this blog you can, here:
From today’s Guardian: ‘Rupert Murdoch weighed into the debate today when he tweeted: “No wonder China leading in medals while US and UK mainly teach competitive sport a bad thing. How many champions state school background?”‘
Rupert Murdoch, who attended Geelong Grammar, and got a 3rd class degree in PPE having been crammed by Asa Briggs. When I last looked at the Geelong website things were very nice there, with a board of governors made up mostly of bankers and the possibility of:
‘No longer the local school of its original foundation and with access by road and railway much easier than before, the School became linked more and more strongly to Melbourne. Country and interstate enrolments increased dramatically and the School’s pastoral base was strengthened. Then in 1915 the sons of Melbourne business and professional men came in a rush. Its new buildings, its new site and its elite tradition attracted fresh attention right across Australia. An international dimension developed at the School with the first overseas student arriving in 1947. Today there are more than 1500 girls and boys from all states of Australia and some 20 different countries around the world at the School. Glamorgan, in Toorak, had a long history of its own before it became part of Geelong Grammar School. The school, which was founded in 1887, had acted as the chief Melbourne preparatory school for Geelong Grammar for some time before coming under its auspices in 1947. In Geelong the School has had its own junior school for over fifty years. The old Bostock House was located at Aberdeen Street from 1933-61, and in 1962 it re-settled at Highton and spent 35 years as a much-loved part of Geelong’s primary education. In 1998 students were transferred from Highton to the new Bostock House at Noble Street, Newtown for Years ELC to 4, and to the Middle School at Corio for Years 5 to 8. In 1953 the Timbertop campus was established in the foothills of the Victorian Alps near Mansfield. Recognised worldwide for its educational innovation and a unique feature of the Geelong Grammar School experience, Timbertop offered a yearlong academic and outdoor education experience, which attracted perhaps the School’s most famous Old Geelong Grammarian, HRH, the Prince of Wales, who attended Timbertop in 1966.’
Man of the people of course, but not one qualified enough to speak of education.