Cyprus Bailout Crisis Shakes Investors :
The tiny island of Cyprus sets off big scare with plans to set off the rule of law. they want to tax all bank depositors large and small to pay for a bailout. of course we are in trouble. if nothing happens, optimism runs the show. Cyprus is the money ground for dirty money from Russia and other rogue nations. the government of Cyprus is scared to death of insulting Vladimir Putin.
CNBC's Michelle Caruso-Cabrera reports for the first time ever in the European crisis, portions of bank accounts will be seized in order to pay for a bailout; and Charles Dallara, Americas of Partners Group weighs in.
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ReplyDeleteAccording to the OECD 45-state actors "were not cooperating sufficiently in the tax field."
Countries, which were characterized as tax havens are: Ireland, Costa Rica, Cyprus, Liberia, Liechtenstein, Vanuatu, Luxembourg, Monaco *, the Netherlands *, Uruguay, Panama, Singapore * , Finland *, Hong Kong, Seychelles, Samoa, Belize, the Bahamas, Nauru, and some overseas possessions such as Gibraltar, islands and Gkensei Gershon, Bermuda, British Virgin islands, Mauritius, the Cayman Islands, the Isle of Man, the island of Nevis, Niue and more.