Philip Stephens is not my favourite FT commentator. But as the trailer for his article this morning says: For outsiders looking in on the crises
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Ireland gives up tax sovereignty to get euro debt relief
Little commented on this morning is clause 10 of yesterday’s Euro deal, which says (my highlight added): We are determined to continue to provide support to countries under programmes
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World Bank says just 1/1500th of total stolen assets are recovered
From the Tax Justice Network blog, with permission: The World Bank has published a new report under its Stolen Asset Recovery (STAR) Initiative looking at stolen assets.
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New on Forbes: There are times when asking a favour is not enough
It looks like the German plan of simply asking banks to do the Eurozone a favour by rolling over their bonds into new, discounted, long-term
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Blogging purdah
Having just put up several blogs before 8am it seems odd to say I might be going into blogging purdah, but needs must. The Courageous State –
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Channel Islands’ VAT abuse continues
From the Channel Online TV: Online greeting card company Funkypigeon could soon become the latest fulfilment business to set up in Guernsey. The business is recruiting on
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Are the Tea Party the political equivalent of suicide bombers?
Let me stress, straight away, I’m not suggesting the Tea Party are physical terrorists. But in conversation yesterday an idea occurred to me. Suicide bombing
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Will the Archduke survive?
To continue yesterday’s metaphor…it looks like the Archduke may survive after all. Merkel and Sarkozy supposedly have the umpteenth deal to save the Euro without making fundamental change and
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HMRC won’t be able to square the circle of collecting tax unless it’s allowed to spend more
I see the National Audit Office has said: HM Revenue & Customs faces a significant challenge in securing a £1.6 billion reduction in running costs
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