Archive | Europe

Ukraine Crisis hits Russian MICEX

Political uncertainty and turmoil on the international typically breeds market volatility, and the unrest in Ukraine has been no exception. As a major producer and supplier of gas to Europe, fears over a conflict with Russia had gas prices tumbling over fears of limited supply. Conversely, oil saw a jump as demand was likely to […]

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Singapore new theater

Offshore money migrates from Switzerland to Singapore

Thanks in part to its generous tax regime, Singapore has been a millionaire haven for years. But a new report says the tiny island state may soon overtake Switzerland as the world’s largest offshore wealth hub. The report, by WealthInsight, a London-based research firm, says Singapore is the fastest growing wealth center in the world, […]

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Austria central bank chief defends privacy

The head of Austria’s central bank warned Saturday that debate about the country’s banking secrecy risks hurting the reputation of its financial system. “Austria is certainly not a tax haven,” Ewald Nowotny told reporters at the World Bank and International Monetary Fund annual spring meetings in Washington. “It’s important that others also see it this […]

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OffshoreNet

Dutch Tax Haven to the Rock Stars

Dutch Tax Havens of the Rock Stars A Tax Haven For Rock Stars And Starbucks To Stash Earnings – Bono, Bowie, and the Rolling Stones, not to mention Apple, Google and Microsoft keep an address in the Netherlands, which doesn’t tax profits by foreigners. What do locals say? Holding companies for corporations like Apple, Microsoft, […]

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Monacao Penthouse

Monaco Penthouse ‘World’s Most Expensive’

This penthouse in Monaco could become the world’s most expensive property per square metre when it comes onto the market next year. The top floor penthouse could sell for £256m according to one estimate Renowned for its casinos and yacht-filled marinas, Monaco has become a magnet for the richest and most discerning property tycoons in […]

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The Eternal Gift of Trust

Establishing a Charitable Trust in New Zealand A charitable trust can easily be registered in New Zealand by non residents if the trust operates for charitable purposes outside of New Zealand. In that case as long as the trust has a charitable purpose it can simply be filed as a non resident charitable trust. In […]

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gasprom

The Return of Gazprom

The December 1991 collapse of the USSR was an unmitigated disaster for all 15 nations emerging from the desiccated carapace of the Soviet Union. Now, like a plate of mercury smashed with a hammer, rivulets of the former USSR member state’s energy assets two decades later are trickling back under the control and influence of […]

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Despite Fukushima, Russia’s Nuclear Industry is Open for Business

Japan’s 11 March catastrophe at its six-reactor Daichi Fukushima nuclear power complex has had global repercussions, hardly surprising given the trillions of dollars invested in civilian nuclear energy over the last five decades. Ironically, just a year ago the nuclear power industry saw itself on the verge of a renaissance, with worldwide concerns about global […]

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