December 14, 2017

Zimbabwe’s Robert Mugabe resigns, ending 37-year rule

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Zimbabwe’s President Robert Mugabe has resigned, parliament speaker Jacob Mudenda has said. A letter from Mr Mugabe said the decision was voluntary and he had made it to allow a smooth transfer of power. The surprise announcement halted an impeachment hearing that had begun against him and sparked wild celebrations on the nation’s streets. The […]

The Scotsman’s Bill Jamieson: is it so bad to avoid tax within the law?

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By BILL JAMIESON From The Scotsman The reporting of the so-called Paradise Papers suggests tax avoidance is morally wrong but is it really so bad to limit how much you pay within the law? Feast your eyes on the tax haven secrets of the rich and powerful! Fortunes hidden in offshore accounts! Few exposures have […]

Why George Orwell is returning to the BBC

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By Vincent Dowd From BBC The BBC headquarters in London has got a new resident: he’s tall, bronze and likes a smoke. A statue of novelist George Orwell now adorns the exterior of New Broadcasting House, a few minutes from where Orwell worked as a radio producer during World War Two. But what was the […]

Bermuda, Cayman Islands hit back at ‘systematic failure’ claims over Paradise Papers leak

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By: Gary Robinson From International Investment Bermuda’s premier and the head of the Cayman Islands Stock Exchange have hit out at allegations of “systematic failure” in the offshore reporting structure, claiming that both jurisdictions follow the rules of the OECD’s new Common Reporting Standard. Speaking on BBC’s Newsnight programme, Bermuda’s premier David Burt defended his country’s record, despite […]

How Apple uses the Channel Island of Jersey in tax strategy

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By Aaron Pressman From Fortune When Apple’s efforts to reduce its taxes around the world came under fire in Congress a few years ago, CEO Tim Cook fired back. “We do not depend on tax gimmicks,” Cook said. “We do not stash money on some Caribbean island.” The first statement depends on the definition of […]

Paradise Papers: Queen’s private estate invested £10m in offshore funds

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From BBC Panaroma About £10m of the Queen’s private money was invested offshore, leaked documents show. The Duchy of Lancaster, which provides the Queen with an income, held funds in the Cayman Islands and Bermuda. A small amount ended up in the company behind BrightHouse, a chain accused of irresponsible lending, and Threshers, which went […]

The Editor Speaks: A picture paints a thousand words even the ones that lie

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Yesterday I watched the BBC’s coverage of the Catalan referendum. The BBC led with the story and gave nearly ten minutes of coverage. This compared with the coverage given by NBC that was three minutes and down in fourth place of importance. World news according to the US media outlets begins and ends nearly always […]

Sir Ronald Sanders: Boycotted for a knighthood

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By Sir Ronald Sanders From Caribbean News Now Geoffrey Boycott is a BBC cricket commentator. He was an England cricketer for 24 years. Over that period, he scored 8,114 runs in 108 Test matches for England and was the first England cricketer to pass 8,000 Test runs. For this accomplishment, he received the award of […]

The Editor Speaks: Where were you when?

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Where were you when….. ….John F. Kennedy died? ….Cassius Clay defeated Sonny Liston? ….9/11? ….Princess Diana died? ….Elvis Presley died? I was at home in England watching television when there was an in interruption to the BBC programme and a stranger (a man) came on air to announce President Kennedy had been shot in Dallas. […]

A drone landed on Britain’s biggest warship and nobody cared

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By Mariella Moon From engadget It touched down and lifted off with nobody batting an eyelash. The Pentagon has already approved a policy giving military bases the right to shoot down drones that get too close. A lot of other countries’ governments and militaries, however, are still in the midst of figuring out how to […]