International and Dutch unions filed a complaint with a global trade body on Tuesday accusing Chevron Corp. (CVX.N) of funneling billions of euros through letter box companies in the Netherlands to avoid taxation. This will be an interesting case.
Finance
Reuters: Swiss watchdog to propose looser anti-money laundering rules for fintechs
Having lost much business due to new banking rules with regard to illicit money, Switzerland is looking for ways to regain lost business by dreating new legal loopholes. Read here
Economics
Bill Mitchell: Oh Scotland, don’t you dare! – Part 2
This is the second part of Bill Mitchell’s article concerning the Scottish Growth Commission Report (Part 1 here) – what Scotland’s financial and economic policy should be after independence. It is neo-liberal to the core, […]
Corruption
Richard Brooks: The financial scandal no one is talking about
This article features extracts from Richard Brook’s new book, Bean Counters: The Triumph of the Accountants and How They Broke Capitalism. Read here See our review of the book here
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