Israel a Leading Tax Haven

Israel a Leading Tax Haven

Countless trillions of dollars are stashed in scores of tax havens worldwide – black holes of hidden wealth, much of it ill-gotten. Largely tax-free, they’re controlled by Wall Street and other powerful financial interests, part of a global tax injustice system, governments complicit with super-wealthy individuals and financial institutions managing their money. Taking advantage are…

Poland’s on My Mind

Poland’s on My Mind

A controversy surrounds the new Polish law just signed by Polish President Andrzej Duda that criminalizes Holocaust denial and Holocaust trivialization but also extends the prohibition to anyone who ascribes Nazi atrocities to the “Polish government or Polish nation.” Although I’m passionately opposed to all such efforts to muzzle open discussion (and have paid a…

Will Petrodollar Give Way to Petroyuan? China Makes First Move this March

Will Petrodollar Give Way to Petroyuan? China Makes First Move this March

Wall Street is bracing for a potential shake-up as China is set to launch its first-ever crude oil futures contract late March at the Shanghai Futures Exchange. The move, which had been laid out in 2012 but faced delays over possible market turbulence, could represent a bold step forward in China’s rise as an economic…