Telecommunications report reveals shady offshore outfits and crime behind internet firms
From Sputnik News A new project has revealed that telecom companies, Internet Service Providers (ISPs), cable operators across Eastern Europe are clouded in a smoke and mirrors operation that covers a myriad of offshore companies and shady deals. The project…
How to get-rich-quick in Eastern Europe
From OffshoreAlert How easy is it to become a billionaire in eastern Europe? Comically so, as evidenced by the theft of $1 billion from Moldova’s three biggest banks in 2014. Incredibly, the suspected mastermind – 28-year-old Ilan Shor – was…
Geothermal energy can boost C’bbean economies, says World Bank
From Jamaica Observer WASHINGTON, USA (CMC) –The World Bank says a multi-donor initiative, led by its Energy Sector Management Assistance Programme (ESMAP), has mobilised US$235 million through the Clean Technology Fund towards scaling up geothermal energy in developing countries, including…
Tourists return to Greece’s summer resorts
By Renee Maltezou, Reuters From Toronto Sun Foreign tourists are returning to Greece’s sun-drenched islands and ancient temples, central bank data showed on Friday, boosting hopes that the key sector may help the crisis-hit country pull itself out of a…
