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Post by clone on Jan 31, 2012 18:26:01 GMT -8
Mexico's Illicit Economy Is Worth $50 Billion Per Year By Shannon K. O'Neil Jan 31 2012, 10:58 AM ET Yesterday Global Financial Integrity released a new report, "Mexico: Illicit Financial Flows, Macroeconomic Imbalances, and the Underground Economy," which provides an in-depth look at flows of illicit money from Mexico. The study finds that nearly $1 trillion in illicit capital left Mexico from 1970-2010, averaging about $50 billion a year this past decade. ---> The report's most interesting finding is that this illicit capital is not necessarily or mostly drug money. Instead it comes from Mexico's large underground economy. ---> In Mexico's case, economic liberalization in the 1990s had the unintended effect of promoting this type of capital flight. www.theatlantic.com/international/archive/2012/01/mexicos-illicit-economy-is-worth-50-billion-per-year/252274/"Mexico: Illicit Financial Flows, Macroeconomic Imbalances, and the Underground Economy" www.gfintegrity.org/storage/gfip/documents/reports/mexico/gfi_mexico_report_english-web.pdf (96pp)
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Post by trickle down on Jan 31, 2012 18:34:45 GMT -8
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Post by trickle down on Jan 31, 2012 18:36:30 GMT -8
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Post by clone on Jan 31, 2012 18:43:29 GMT -8
MF Global Lowered European Risk in August, Stockman Says By Silla Brush and Phil Mattingly - Jan 31, 2012 5:06 PM MT MF Global Holdings Ltd (MFGLQ)., the broker that filed for bankruptcy last year and saw as much as $1.2 billion in *client funds go missing*, began limiting its positions in European debt three months before collapsing, according to Michael G. Stockman, the company’s former chief risk officer. Stockman said in testimony prepared for a U.S. House hearing on Feb. 2 that he warned the broker’s board of risks to the company’s bets on European sovereign debt. He told the company’s senior management in July and the board in August of higher default and liquidity risks to the trades. www.bloomberg.com/news/2012-01-31/mf-global-began-cutting-european-risk-in-august-stockman-says.html
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Post by clone on Jan 31, 2012 18:55:05 GMT -8
On its pages, over four hundred years of Canada-U.S. history come to life in clear, vivid language, from the founding of Canada to the North American Free Trade Agreement (NAFTA). In a gripping and powerful way, The Fight for Canada sketches the early invasions of Canada from south of the border — in 1690, 1711, 1775 and 1812 — as well as the famous free trade elections of 1891, 1911 and 1988. Orchard tells the stories of the Avro Arrow, the Hal Banks led busting of the Canadian Seamens Union which resulted in the dismantling of Canada's merchant marine, the construction of Canada's railroads, the CBC, the Canadian Wheat Board and more, and probes the legacy of John A. Macdonald, Georges-Étienne Cartier, Louis Riel, Henri Bourassa, Pierre Trudeau, John Turner and others. He explains the evolution, content, economic and political effects of the Canada-U.S. Free Trade Agreement (FTA) and NAFTA, provides a primer on the Meech Lake and Charlottetown constitutional accords, and considers what lies ahead for Canada. www.davidorchard.com/online/2do-index.html
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Post by rio barrack on Jan 31, 2012 19:08:53 GMT -8
Monday, January 30, 2012 CIDA doles out corporate welfare to mining giants A couple of months later in January 2011, Bev Oda, Minister of 'Not Kairos' and International Cooperation, acknowledged that Canadian tax dollars were subsidizing mining companies' CSR (corporate social responsibility) projects through CIDA - half a million to Barrick Gold, another half million to Rio Tinto, etc etc up to a total of $50-million for the year. creekside1.blogspot.com/2012/01/cida-doles-out-corporate-welfare-to.htmlKAIROS Canada www.kairoscanada.org/KAIROS: Canadian Ecumenical Justice Initiatives unites eleven churches and religious organizations in faithful action for ecological justice and human rights.
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Post by clone on Feb 10, 2012 10:56:00 GMT -8
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Post by india on Feb 21, 2012 8:25:41 GMT -8
Deeper Canada-India Trade and Investment Ties Will Create Jobs for Hardworking Canadians and Growth for Businesses of All Sizes Posted On February 16, 2012 Diversifying Canada’s trading relationships in priority markets, Harper government highlights fourth round of negotiations toward a trade agreement with India www.edfast.ca/view/pressrelease/72
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Post by trickle down on May 21, 2012 12:17:55 GMT -8
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Post by trickle down on Jul 27, 2012 17:25:51 GMT -8
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Post by ceta on Aug 16, 2012 19:31:33 GMT -8
Wednesday, June, 13, 2012 - 10:10:40 AM Municipalities concerned about proposed changes with CETA The City of Waterloo has joined a number of municipalities expressing concern about the Comprehensive Economic Trade Agreement (CETA) being negotiated between the Government of Canada and the European Union. CETA is a proposed free trade agreement that began with the Canada-EU Summit in March 2004. But Steven Sachs, secretary with the Waterloo Regional Labour Council, said it would limit municipalities’ ability to promote buy local initiatives. www.waterloochronicle.ca/community/municipalities-concerned-about-proposed-changes-with-ceta/_______________________________________ Calgary company miffed by East Village bridge project snub First posted: Monday, July 23, 2012 03:16 PM MDT | Updated: Monday, July 23, 2012 03:29 PM MDT Nemalux’s bid of $100,000 came in at half the price of the competitor’s, but the project still went to a foreign company, which hasn’t been identified by the CMLC. www.calgarysun.com/2012/07/23/calgary-company-miffed-by-east-village-bridge-project-snub
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Post by nortel on Aug 17, 2012 21:42:11 GMT -8
11:20 Offshore Bank Accounts www.cbc.ca/thecurrent/episode/2012/08/16/offshore-bank-accounts/Alain Deneault, "Offshore: Tax Havens and the Rule of Global Crime" 1960s: Canada helped set up banks in the Caribbean sector (Scotiabank, Royal Bank of Canada). Minister of Finance of the Bahamas also sat on the Board of Directors of the Royal Bank, Sir Stafford Sands. Cayman Islands, Bahamas. Barbados 1980, signed agreement 1960s to 1980s: 60-90% were Canadian banks. British Colonial Dependencies in the Caribbean. behind closed doors, business elite, political elite, loopholes, tax havens, transfer pricing, tax information exchange agreements, profit registered in offshore country, tax avoidance, designed to obfuscate figures. 2008, Canada $146billion+ in offshore tax havens, a low estimate, 10s of billions per year in public treasury in lost tax revenue. instead, tax collectors: tips (waitresses, hairdressers). offshore economy, underground economy ___________________________ **Alain Deneault is a sociologist at the University of Quebec in Montreal. He is co-author of "Black Canada: Pillage, Corruption, and Criminality in Africa," a book that details well-sourced human rights abuses by the multinational resource companies Barrick Gold and Banro Corporation. The companies have responded with $11 million in lawsuits, aimed at bankrupting their critics with court fees. and the publisher for a total of $11 million. Mr. Alain Deneault (Researcher, Chaire de recherche du Canada en mondialisation, citoyenneté et démocratie, Université du Québec à Montréal) at the Finance Committee. On February 1st, 2011... Switzerland must not become the tree that prevents us from seeing the forest. The United States, China and the United Kingdom, among other countries of the G20, freely criticize Switzerland but spare their comments with regard to Delaware, Macao, London and a host of other countries that constitute, in the Caribbean or elsewhere, the most controversial tax havens on the planet. Canada does not seem to be an exception among the members of the G20. Within Canada itself, Halifax plays the role of offshore centre in close contact with Bermuda and the City of London, with insurance companies and venture capital firms, a sector that was in the forefront of the 2008 economic crisis, and benefits from major tax advantages. openparliament.ca/committees/finance/40-3/55/alain-deneault-1/only/Why Did Sir Stafford Sands leave the Bahamas? political-bahamas.blogspot.ca/2010/05/why-did-sir-stafford-sands-leave.html His portrait appeared on the 10 Bahamian dollar note from 2001 until 2005, when it was replaced by that of Queen Elizabeth II.
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Post by clone on Aug 17, 2012 21:57:33 GMT -8
^^^ just blame unions ^^^
On the international scene, Canada appears to be the ally of Caribbean tax havens that have yet in the past been targeted internationally by the OECD, the FATF or the IMF, for instance. Our country, Canada, sits within the bodies of the World Bank next to an array of Caribbean tax havens: Antigua and Barbuda, the Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts-Nevis, St. Lucia, as well as St. Vincent and the Grenadines. One of these countries is under surveillance by the Geopolitical Drug Observatory, and many international criminologists consider several of these countries as clearing houses for drugs coming from Colombia.
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Post by long division on Sept 16, 2012 8:22:48 GMT -8
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Post by clone on Oct 1, 2012 8:32:50 GMT -8
The illegal trafficking of wildlife now ranks as the 3rd largest criminal industry in the world. www.iapf.org/en/
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