View from Palangan Bay Resort, Puerto Galera, Over the past three decades, economic and political misfortunes, coupled with some high- profile natural calamities, have kept the Philippines from taking its place among the world’s most popular destinations. Pity, when these 7,000 green islands contain some of the best scenery on the planet. The good news […]
Invisible Money 5
Invisible Money 5 The Cloud Factory Revisited Up The Ladder, Marius Kohl To Luc Frieden Iddhis Bing With the equivalent of 67 trillion dollars floating in and around what is known as the off-shore "shadow banking system" – in tax havens and fiscal paradises from Delaware to Mauritius, the isle […]
Invisible Money 3
Invisible Money 3 Iddhis Bing Any system that treats a Cayman Island subsidiary as a separate entity is just asking to be destroyed. Professor Calvin Johnson, University of Texas Law School Try Imagining A Place Where It’s Always Safe And Warm Glaxo Smith Kline, according to their accountant, is […]
Fiji: EU cancels 2009 sugar subsidy
The European Union announced that it was suspending 2009 payment of 24 million Euro in subsidies to help prop up Fiji’s sugar industry. European Commissioner for Development and Humanitarian Aid, Louis Michel, admitted Fiji would have received the payment if it would have had a “legitimate government” in place. He was referring to the events […]
Unemployment Rises In Spain
Spain’s total unemployment is up 3.55% in March 2009. Among the different regions Andalucia and Valencia have the highest rate while the Balearic Islands have the lowest rate. Unemployment is almost evenly distributed among the genders with men slightly higher by approximately 3,000. Sectors most affected are the service industries, construction, and agriculture. Unemployment rose 2.57% in Andalucia alone […]
Aiming high in Dubai
The Highest Building in the World is not the only Amazing Structure Dubai in the United Arab Emirates has one of the fastest-growing construction industries in the world. Vast palm-shaped artificial islands, the world’s tallest building, the biggest shopping mall of them all, and a revolving skyscraper, each structure boldly designed, makes Dubai’s selection […]