January 22, 2021

The British Virgin Islands is trying to prove it’s not a tax haven — campaigners aren’t buying it

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By Camilla Hodgson From Business Insider Transparency and tax campaigners are clashing with officials from the British Virgin Islands (BVI) over a new report claiming the Caribbean islands are not a tax haven. The report, written by Capital Economics and commissioned by BVI Finance, which promotes the country’s financial sector, said the islands are strong […]

The ‘usual suspects’ keep making the same policy mistakes

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By Jonathan Garber From Business Insider When it comes to monetary policy, the conversation in major economies is about whether central banks like the Federal Reserve will raise interest rates too quickly. But there’s a group of central banks that stand out for a different reason: keeping interest rates too low for too long. Policymakers […]

Libyan conflict causes oil price hike

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PARIS (AP) — Confusion over the extent of the rebels’ hold on the Libyan capital and a rally in stock markets drove oil prices higher Tuesday, a day after they fell in anticipation of the end of strongman Moammar Gadhafi’s regime. On Monday, Libyans celebrated the news that insurgents had reached Tripoli, but late in […]