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The Saker
A bird's eye view of the vineyard

offsite link SouthFront?s Survival Depends On You! Sun Oct 25, 2020 23:17 | The Saker
Dear friends SouthFront needs our help again! God knows they are in a difficult position and God knows we all benefited tremendously from their superb work! So, please, DO help

offsite link New role for China and Russia ? and how after a Biden victory? Sun Oct 25, 2020 22:56 | amarynth
Paul Schmutz Schaller for The Saker Blog On the world stage, profound changes are under way. Obviously, China and Russia have lost the confidence that the West will contribute to

offsite link Mail-in ballots: the US elites? ?plausible deniability? ploy to retain power Sun Oct 25, 2020 17:51 | amarynth
By Ramin Mazaheri and cross posted with PressTV The US obsession with mail-in voting is incomprehensible to the rest of the world, but the true reason behind this nonsense is

offsite link Global arms embargo on Iran lifted, Tehran hails victory: Al Mayadeen TV Report Sun Oct 25, 2020 10:25 | amarynth
http://middleeastobserver.n... Video link: https://www.youtube.c... Description: Al Mayadeen TV report on the implications of the lifting of the international arms embargo on Iran. Source: Al Mayadeen TV (YouTube) Date: October 18, 2010 (Important Note: Please

offsite link Moveable Feast Cafe 2020/10/24 ? Open Thread Sat Oct 24, 2020 23:00 | Herb Swanson
2020/10/24 22:00:02Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link A Woulfe in judges clothing

offsite link Sarah McInerney and political impartiality Anthony

offsite link Did RTE journalists collude against Sinn Fein? Anthony

offsite link Irish Examiner bias Anthony

offsite link RTE: Propaganda ambush of Sinn Fein Anthony

Public Inquiry >>

Spirit of Contradiction

offsite link The Party and the Ballot Box Sun Jul 14, 2019 22:24 | Gavin Mendel-Gleason

offsite link On The Decline and Fall of The American Empire and Socialism Sat Jan 26, 2019 01:52 | S. Duncan

offsite link What is Dogmatism and Why Does It Matter? Wed Mar 21, 2018 08:10 | Sylvia Smith

offsite link The Case of Comrade Dallas Mon Mar 19, 2018 19:44 | Sylvia Smith

offsite link Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh

Spirit of Contradiction >>

Developing Countries Lose Trillions from Crime and Tax Abuse, Says UN Panel

category international | politics / elections | press release author Thursday September 24, 2020 19:55author by Zach Conti - Jubilee USA Report this post to the editors

A high-level United Nations panel report says global policies are needed to prevent trillions of dollars escaping developing countries through tax abuse and corruption. The UN group includes former heads of state, past central bank governors, business leaders and prominent academics.

A high-level United Nations panel report says global policies are needed to prevent trillions of dollars escaping developing countries through tax abuse and corruption. The UN group includes former heads of state, past central bank governors, business leaders and prominent academics. "As countries combat the health and economic impacts of the coronavirus, they could use the lost revenues from tax avoidance, crime and corruption," stated Eric LeCompte, United Nations finance expert and Executive Director of the religious development group Jubilee USA Network. "Countries can emerge from the pandemic with resilience and fund public services if we can curb these staggering revenue losses." The United Nations High-Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda (FACTI Panel), reported that around $1.6 trillion is laundered per year. Due to corporate tax avoidance in the form of profit-shifting, $500 billion is lost to governments each year globally. The UN panel report comes only days after the International Consortium of Investigative Journalists released the “FinCEN files," revealing that global banks moved more than $2 trillion over an 18-year period in suspicious transactions due to a lack of enforcement. "Hopefully the report is a wake-up call," said LeCompte. "We must move forward global agreements and policies that increase transparency in the financial system." The FACTI panel will release a final report in February 2021.  Jubilee USA Network is an alliance of more than 75 US organizations and 750 faith communities working with 50 Jubilee global partners. Jubilee USA builds an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA wins critical global financial reforms and won more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

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