…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…
So says former Greek Prime Minister George Papandreou who has accused ‘tax havens’ in the developed and developing world of hiding assets of $21trillion which were ‘stolen’ from Greek citizens and so denied governments – including his – the capacity to invest in areas like welfare and education. Speaking in Cape Town at the opening … More Tax Havens Robbed the Greeks!
Options. A very good thing to have if you are a Euro Zone member in search of a bailout. It’s especially good if you also happen to be an ‘onshore’ financial centre with a corporate tax rate of 10% – the lowest in Europe – and none to fussed about Europe’s bailout ‘strings’. Cyprus is … More Who Needs EUROs We Want Russian Rubles.
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