The United States is the No. 1 country to hide money in illegally, marking the first time the country has topped the list.
The U.S. is atop the list as it continues to implement sanctions on Russia and some of its wealthiest elites following Russia's invasion of Ukraine. Other countries in the top five included Switzerland, Singapore, Hong Kong, and Luxembourg, according to the Tax Justice Network's Financial Secrecy Index.“At a time when the world is being confronted by the very real and tragic consequences of enabling global corruption, these findings point the finger at U.S.
The process of setting up a shell corporation, a corporation without active business operations or significant assets, in the U.S. is an easier process than getting a library card due to applicants not needing to verify their identity, said Lakshmi Kumar, a terrorist-financing expert at Washington think tank Global Financial Integrity.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The phytochemical diversity of commercial Cannabis in the United StatesThe legal status of Cannabis is changing, fueling an increasing diversity of Cannabis-derived products. Because Cannabis contains dozens of chemical compounds with potential psychoactive or medicinal effects, understanding this phytochemical diversity is crucial. The legal Cannabis industry heavily markets products to consumers based on widely used labeling systems purported to predict the effects of different “strains.” We analyzed the cannabinoid and terpene content of commercial Cannabis samples across six US states, finding distinct chemical phenotypes (chemotypes) which are reliably present. By comparing the observed phytochemical diversity to the commercial labels commonly attached to Cannabis-derived product samples, we show that commercial labels do not consistently align with the observed chemical diversity. However, certain labels do show a biased association with specific chemotypes. These results have implications for the classification of commercial Cannabis, design of animal and human research, and regulation of consumer marketing—areas which today are often divorced from the chemical reality of the Cannabis-derived material they wish to represent.
Read more »
Washingtonian Magazine hiring Social Media Producer in Washington, District of Columbia, United States | LinkedInWe’re hiring a Social Media Producer! This person will manage and grow Washingtonian's flagship accounts, including Instagram, Facebook, Twitter, and TikTok. To apply, send your resume, cover letter & portfolio (if applicable) to jobswashingtonian.com.
Read more »
Harris condolence trip doubles as outreach to oil-rich United Arab EmiratesABU DHABI — A whirlwind trip by Vice President Kamala Harris to the United Arab Emirates to pay respects following the death of its ruler doubled as an opportunity to reset a relationship with an important regional ally.
Read more »
United Airlines cancels couple's flight, then charges $4,000 more for comparable seats'That's when I said, 'No, no, I'm not paying a penny more. You've had my money for eight months, I lived up to my side of the contract... you need to hold up your side of the contract and give me the same flight,'' said the East Bay resident.
Read more »
CBS Bosses Talk “Challenging” Negotiations & Tough Calls Following ‘Magnum P.I.’, ‘B Positive’ & ‘United States Of Al’ CancellationsCBS likes to renew its strongest series early; last year, the FBI franchise and The Equalizer were picked up in March. When May rolled around this year and none of the the Universal Television-prod…
Read more »