I AM NOT A FAN OF THE USE OF UNILATERAL MEASURES IN international diplomacy; including the use of tax haven or other types of blacklists related to compliance with global norms on transparency and information exchange. Although we often think of this kind of state action in the context of armed conflict where there are … More OP-ED: Why Europe is Ill-Suited For The Business of Blacklisting So-Called ‘Non-Cooperative’ Jurisdictions.
If London’s banks lose their financial services passport, Ireland may be the biggest winner if relocation decisions are based on where these banks maintain subsidiaries. This is the thinking behind a confidential internal note prepared by Deusthe bank for its July 5 board meeting. According Deusthe, their competitors would most likely relocate their operations to … More Will London’s Bankers Give Up Their Swanky London Post-codes?
Just because you are a member of the European Union (EU) doesn’t mean that you have to ‘remain’ a member forever. Article 50 of the Treaty of the European Union provides for any member to withdraw from the Union in accordance with its own constitutional requirements. Step 1 Notification: According to the ‘remain’ campaign the … More How to BREXIT? A 3 -Point Plan
…Singapore! Surprised? Nah… didn’t think so! No surprise either that Venezuela, Nigeria and Greece are at the bottom of the pile. Dynamism, according to the architects of the survey – Granton Thornton– is determined by reference to 22 indicators of which the following 5 are key: business operating environment; economics and growth; science and technology; labor … More The Most Dynamic Economy in the World is…
Unsatisfied with progress made at the global level using the OECD Global Forum benchmarks on transparency and tax information exchange, the European Commission (EC) plans to push for the development and implementation of international standards equivalent to the European Union (EU) rules. This is one of three proposals in an EC paper to be released to … More EU-Pressure on Offshore Financial CentresTax to Intensify
Despite having lately laid claim to his Gaelic ancestry, these days it seems the US President has more to talk about with the Germans than he does with the Irish. For good reason. Obama knows that without Germany’s support of Europe’s ‘grand’ plan to rescue the Greeks (and now the Spanish) and keep the Eurozone … More Obama: No We Can’t If Europe Won’t!
It is curious that the revelation by the head of the International Monetary Fund (IMF) that she loses sleep over the poorly educated children of Niger and not the people of Athens, whom she clearly views as the architects of their own economic ‘malaise’, should have caused such a firestorm of recrimination. It is … More In Defence of IMF-Chief Christine LaGarde