Publishing Guide

Upcoming Events

International | Economics and Finance

no events match your query!

New Events

no events posted in last week

Other Press

Economics and Finance

The Coming European Economic Apocalypse 21:13 Dec 01 1 comments

Ryanair CEO Michael O'Leary ridicules Government restrictions and calls for 'unnecessary' lockdown t... 01:55 May 31 0 comments

Anti Environmental CETA Trade Agreement ratification approved despite protests 20:58 May 08 0 comments

Runaway Train Towards Full Digitization of Money and Labor 14:18 Jan 01 2 comments

The Spectre Haunting Europe 23:21 Dec 04 0 comments

more >>

User Preferences

Feeds

Blog Feeds

Anti-Empire

North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?

Trump Assembles a War Cabinet Sat Nov 16, 2024 10:29 | Marko Marjanovi?

Slavgrinder Ramps Up Into Overdrive Tue Nov 12, 2024 10:29 | Marko Marjanovi?

?Existential? Culling to Continue on Com... Mon Nov 11, 2024 10:28 | Marko Marjanovi?

US to Deploy Military Contractors to Ukr... Sun Nov 10, 2024 02:37 | Field Empty

Human Rights in Ireland

Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

Energy Geopolitics in a Putin-Trump World Mon Feb 24, 2025 07:00 | Tilak Doshi
In a world reshaped by Putin and Trump, the Daily Sceptic's Energy Editor explains how a thaw between Russia and the US could change the global energy game, sidelining Europe and lifting the Global South.
The post Energy Geopolitics in a Putin-Trump World appeared first on The Daily Sceptic.

News Round-Up Mon Feb 24, 2025 01:15 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

BP Faces ?Existential Crisis? After Ruinous Attempt to Go Green Sun Feb 23, 2025 19:00 | Richard Eldred
BP's big green energy gamble has backfired, leaving profits in freefall and activist investors circling like sharks ? now, desperate to stay afloat, it's making a frantic dash back to oil and gas.
The post BP Faces ?Existential Crisis? After Ruinous Attempt to Go Green appeared first on The Daily Sceptic.

Migrant Powder Keg: Turmoil in Ireland Amid 300% Rise in Asylum Seekers Sun Feb 23, 2025 17:00 | Richard Eldred
With asylum claims up 300%, Ireland is ablaze with anti-migrant rage, with Dublin now a warzone of bus-smashing thugs, street machete fights and all-out brawls.
The post Migrant Powder Keg: Turmoil in Ireland Amid 300% Rise in Asylum Seekers appeared first on The Daily Sceptic.

Firemen Are Too Male and Too White, Say Chiefs Sun Feb 23, 2025 15:00 | Richard Eldred
Britain's fire service is too male, too white and stuck in the Dark Ages of bigotry, according to a report for the National Fire Chiefs Council.
The post Firemen Are Too Male and Too White, Say Chiefs appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network

Voltaire, international edition

Voltaire, International Newsletter N?121 Sat Feb 22, 2025 05:50 | en

US-Russian peace talks against the backdrop of Ukrainian attack on US interests ... Sat Feb 22, 2025 05:40 | en

Putin's triumph after 18 years: Munich Security Conference embraces multipolarit... Thu Feb 20, 2025 13:25 | en

Westerners and the conflict in Ukraine, by Thierry Meyssan Tue Feb 18, 2025 06:56 | en

Voltaire, International Newsletter N?120 Fri Feb 14, 2025 13:14 | en

Voltaire Network >>

Pandora Papers Reveal Financial Secrecy that Drains Resources from Poor Countries

international | economics and finance | press release

Tuesday October 05, 2021 14:17

by Jubilee USA Network

Report this post to the editors

An investigation into more than 11 million private financial documents show hundreds of public officials in 90 nations using schemes to hide wealth offshore and avoid taxes. The International Consortium of Investigative Journalists released the Pandora Papers in partnership with the Washington Post and 600 journalists in 116 countries.

An investigation into more than 11 million private financial documents show hundreds of public officials in 90 nations using schemes to hide wealth offshore and avoid taxes. The International Consortium of Investigative Journalists released the Pandora Papers in partnership with the Washington Post and 600 journalists in 116 countries.

"The Pandora Papers provides a window into a secret world where the rich and famous can avoid paying taxes," noted Eric LeCompte, a United Nations finance expert and Executive Director of the religious development group Jubilee USA. "Tax avoidance is part of the reason that too many countries lack the resources to fight the pandemic."

A trillion dollars leaves the developing world annually through crime, tax evasion and corruption. The leak shows how these monies increasingly land in accounts in the United States.

"Shell companies and tax havens enable corrupt politicians to steal resources from developing countries," stated LeCompte.

In January, Jubilee USA capped a decade of advocacy with the passage of the Corporate Transparency Act. The law requires the owners of US companies to disclose their true identities to the Treasury. In June, President Biden elevated the fight against corruption to a national security priority and mandated an inter-agency review to make recommendations.

“President Biden in on the right track as he pushes greater transparency in the global financial system,” shared LeCompte.

Add Your Comments >>

printable version

with comments

atom feed of comments

rss feed of comments

RSS and atom feeds allow you to keep track of new comments on particular stories. You can input the URL's from these links into a rss reader and you will be informed whenever somebody posts a new comment.

Digg this

Furl

Reddit

Gab

Twitter

© 2001-2025 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy