{"id":6948,"date":"2010-05-26T10:37:53","date_gmt":"2010-05-26T08:37:53","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=6948"},"modified":"2010-05-26T10:37:53","modified_gmt":"2010-05-26T08:37:53","slug":"crises-trigger-flight-from-risk-and-thats-why-we-need-country-by-country-reporting","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2010\/05\/26\/crises-trigger-flight-from-risk-and-thats-why-we-need-country-by-country-reporting\/","title":{"rendered":"Crises trigger flight from risk &#8211; and that&#8217;s why we need country-by-country reporting"},"content":{"rendered":"<p><a href=\"http:\/\/ftalphaville.ft.com\/thecut\/2010\/05\/25\/242941\/crises-trigger-global-flight-from-risk\/\">FT Alphaville  \u00ac\u00aa Crises trigger flight from risk<\/a>.<\/p>\n<p>As the FT notes:<\/p>\n<blockquote><p>Share prices, commodities and the euro fell sharply as investors fled risky assets amid growing fears of a eurozone banking crisis<\/p><\/blockquote>\n<p>There's no great surprise here: I've maintained for ages that stock markets are over-valued; I have not changed my mind. Any excuse drives them down.<\/p>\n<p>But that's a good reason for requiring country-by-country reporting.<\/p>\n<p>CBC discloses country specific risk.<\/p>\n<p>Isn't now the time when markets need that information more than ever?<\/p>\n<p>And yet yesterday an accountant told me he could see no benefit that country-by-country reporting could provide.<\/p>\n<p>Which said very little for his understanding of the issues in the world around him.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FT Alphaville \u00ac\u00aa Crises trigger flight from risk. As the FT notes: Share prices, commodities and the euro fell sharply as investors fled risky assets<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2010\/05\/26\/crises-trigger-flight-from-risk-and-thats-why-we-need-country-by-country-reporting\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[79,35],"tags":[],"class_list":["post-6948","post","type-post","status-publish","format-standard","hentry","category-country-by-country","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/6948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=6948"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/6948\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=6948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=6948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=6948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}