Tag Archives: New World Order

The IMF Lays The Groundwork For Global Wealth Confiscation

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“The International Monetary Fund (IMF) quietly dropped a bomb in its October Fiscal Monitor Report. Titled ‘Taxing Times,’ the report paints a dire picture for advanced economies with high debts that fail to aggressively ‘mobilize domestic revenue.’ It goes on to build a case for drastic measures and recommends a series of escalating income and consumption tax increases culminating in the direct confiscation of assets.  If ever there were a roadmap for prompting massive capital flight and emigration of productive citizens toward capitalism’s nascent frontiers in Asia, this is it.”

http://www.forbes.com/sites/billfrezza/2013/10/15/the-international-monetary-fund-lays-the-groundwork-for-global-wealth-confiscation/

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Switzerland will release bank account numbers to foreign financial police

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“Switzerland will cooperate more closely on fighting money laundering, the Swiss body responsible said on Wednesday, marking a further loosening of bank secrecy a day after the country signed an accord to fight tax evasion.  In legislation that will come into force on November 1, the Bern-based Money Laundering Reporting Office (MROS) said that Swiss authorities will be able to release the numbers of bank accounts opened in the country to foreign investigators.  A day earlier, Switzerland, widely considered a tax haven and long criticized for its secretive banking culture, signed an international agreement to exchange information among more than 60 countries aimed at exposing tax dodgers.”

http://www.thelocal.ch/20131016/swiss-reinforce-cooperation-on-money-laundering

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NSA harvesting hundreds of millions of personal email contact lists

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“The data harvesting program collects address books from email and instant messaging service in an apparent attempt to map social circles across the globe. Online communication services frequently expose an individual’s contact list when that person signs onto their account, sends a message, or connects a remote device – such as a cell phone – to a computer.  The collection relies on secret deals with foreign telecommunication companies.   Because the collection takes place overseas, the NSA does not require nor did it receive permission from Congress or the secret intelligence court that authorizes such collection.”

http://rt.com/usa/nsa-collecting-email-contact-lists-197/

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Switzerland signs OECD tax convention to end banking secrecy

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“Under European Union and U.S. pressure to help fight tax evasion, Swiss political support for bank secrecy has gradually waned, paving the way for tax deals with foreign authorities.  The Paris-based OECD’s Multilateral Convention is a wide-reaching agreement to exchange information about taxpayers between authorities either on request or spontaneously.  Despite Switzerland’s new-found willingness to cooperate with foreign tax authorities, Berne stopped short of committing to the automatic exchange of tax records.  Switzerland still has to ratify its adhesion to the convention which could take as long as a year-and-a-half and which could get bogged down if it is put to a referendum.”

http://in.reuters.com/article/2013/10/15/us-oecd-switzerland-idINBRE99E0MV20131015

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Lebanese banks tightening regulations in line with U.S. laws

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“Lebanese banks Thursday assured the U.S. ambassador to Lebanon David Hale they were strengthening measures to combat all forms of money laundering, terrorist funding and tax evasion.  ‘We are preparing, in collaboration with our international audit firm, a manual on AML and FATCA policies and procedures,’ Association of Banks in Lebanon President Francois Bassil told the ambassador.  ‘It will be available very soon to all operating banks in Lebanon,’ he said, adding that this would allow for ‘a standardized and harmonized implementation of the new U.S. regulations.'”

http://www.dailystar.com.lb/Business/Lebanon/2013/Sep-13/231065-lebanese-banks-tightening-regulations-in-line-with-us-laws.ashx

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The core Internet institutions abandon the US Government

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“In Montevideo, Uruguay this week, the Directors of all the major Internet organizations – ICANN, the Internet Engineering Task Force, the Internet Architecture Board, the World Wide Web Consortium, the Internet Society, all five of the regional Internet address registries – turned their back on the US government. With striking unanimity, the organizations that actually develop and administer Internet standards and resources initiated a break with 3 decades of U.S. dominance of Internet governance.  It is the latest, and one of the most significant manifestations of the fallout from the Snowden revelations about NSA spying on the global Internet.”

http://www.internetgovernance.org/2013/10/11/the-core-internet-institutions-abandon-the-us-government/

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Caribbean and Central America Close Tax Loopholes

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“In Panama, owners of bearer shares no longer have their anonymity ensured. In the Cayman Islands, tax information will soon be shared under the US Foreign Account Tax Compliance Act (FATCA). These are just two striking examples of how jurisdictions in Central America and the Caribbean are cracking down on tax cheats.  For decades, Switzerland prided itself as a haven for the world’s most affluent, with strict provisions for privacy. But now the former advantages of isolation and non-compliance are becoming a liability due to the limitations they place on access to the global financial system.”

http://www.nearshoreamericas.com/tax-havens-close-the-loop-caribbean-cayman-panama/

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IMF Discusses A Super Tax Of 10% On All Savings In Eurozone

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“One of the latest reports from the IMF discusses a super taxation of 10% on savings in the Eurozone. That would solve the debt problem in most sovereign countries. It would be an alternative of higher taxes or spending cuts.  The economists who wrote the paper hasten to say that it is a theoretical proposal. Still, it appears to be ‘an efficient solution’ for the debt problem. For a group of 15 European countries such a measure would bring the debt ratio to ‘acceptable’ levels, i.e. comparable to levels before the 2008 crisis.  One of the graphs (page 14) is also noteworthy: ‘Relative to previous projections, fiscal deficits are somewhat larger in most countries, reflecting a weaker economic environment.'”

http://goldsilverworlds.com/money-currency/imf-discusses-a-super-tax-of-10-on-all-savings-in-eurozone/

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Russia Issues Travel Warning to Its Citizens About U.S. and Extradition

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“‘Warning for Russian citizens traveling internationally,’ the Foreign Ministry bulletin said. ‘Recently, detentions of Russian citizens in various countries, at the request of American law enforcement, have become more frequent — with the goal of extradition and legal prosecution in the United States.’  Citing examples in Costa Rica, the Dominican Republic, Lithuania and Spain, the Foreign Ministry said, ‘Experience shows that the judicial proceedings against those who were in fact kidnapped and taken to the U.S. are of a biased character, based on shaky evidence, and clearly tilted toward conviction.'”

http://www.nytimes.com/2013/09/03/world/europe/russia-issues-travel-warning-about-united-states.html?_r=0

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Britain gets its own FBI with new National Crime Agency

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“The UK government is taking a tougher approach to organized crime this week by unveiling an FBI-like National Crime Agency (NCA). At first glance it might look similar to the National Security Agency (NSA) naming used in the US, but Britain’s new crime agency will focus on organized crime, cybercrime, and even border policing rather than monitoring and surveillance. The NCA naming effectively replaces the Serious and Organised Crime Agency (SOCA), and it will be backed by local police forces with a staff of 4,500 and a budget of £463 million.  NCA officers will hold the power of a constable, immigration officer, and customs officer to tackle a host of crimes.”

http://www.theverge.com/2013/10/8/4815512/uk-national-crime-agency-launch

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