The international ‘wealth protection industry’ has outgrown the ability of legislation to control it. Assisted by the digital world, money can now be rapidly moved around the world to the most favourable jurisdiction. This tax competition undermines the economies of many countries to the detriment of social services.
The Council of Ministers of the EU is where progressive legislation is often blocked by personal interests. Denmark’s new government is determined to support the public wish for transparency. The UK could be a very constructive force for justice in the EU if it had a more enlightened government.
Serious work is going on to stop corruption and tax evasion in the EU, and it requires a Europe-wide approach. Necessary legislation is often blocked by individual governments, but ordinary citizens can make a difference. Much more needs to be done to implement protection for whistle-blowers.
Colonialism always was about trade. Offshore trading is merely the latest mutation. The global economy is at the mercy of financial gangsters, backed by teams of lawyers, who understand the ecology of the new system only too well. The bad boys of Brexit will be the beneficiaries, while pulling the […]
The Old World is not prepared for the fight against desertification that lies in store. A report from European auditors raised the alert about the lack of means available at a European level to deal with this threat. Mario Muñoz Lozano The warning came from the European Court of […]