Worldcrunch
-OpEd- PARIS — Public opinion was outraged, and rightly so, by revelations from the so-called Paradise Papers investigation and the publication, before that, of the Panama Papers. But no one ever questions the root causes of these tax scandals. It’s not enough to complain and condemn. We must deal with the root causes of the […]
More and more countries are limiting cash transactions and the amount people can carry. Beyond the economic rationale, what are the moral implications?
ATHENS — In her beautiful Athens offices, billionaire Gianna Angelopoulos nurses a large cigar and calls it like she sees it on the promise of the radical-left Syriza party to levy new taxes to avoid the country going bankrup. “It’s gonna take balls,” says the 60-year-old. The wealth of her and husband Theodore is estimated […]
Beyond the playboy billionaires and international tax dodgers, people work regular jobs in this slice of Mediterranean paradise.
PARIS – Should the 500 euros bill be taken out of circulation? A study by Merrill Lynch raised the question, and it is not a small question, as those bills comprise one-third of the total monetary value of bills currently in circulation, that is to say some 300 billion euros. Still, the bills are very […]
LE FIGARO, LIBERATION, EUROPE 1, AFP, FRANCE 24 (France) Worldcrunch PARIS – French newspapers are tracking tax exiles after Bernard Arnault, France’s richest man and head of luxury good giant LVMH, said Sunday he was seeking Belgian nationality. The luxury tycoon’s move to seek Belgian citizenship has caused outrage in a country hit by a […]