£13tn: hoard hidden from taxman by global elite
• Study estimates staggering size of offshore economy
• Private banks help wealthiest to move cash into havens
A global super-rich elite has exploited gaps in cross-border tax rules to hide an extraordinary £13 trillion ($21tn) of wealth offshore – as much as the American and Japanese GDPs put together – according to research commissioned by the campaign group Tax Justice Network. ….
Read more » guardian.co.uk
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Something has changed
By: Huma Yusuf
TWO weeks after Abbottabad, the jury’s still out on Pakistan. Who knew? Who didn’t? And does anyone at all feel bad about the whole thing?
While international journalists and US lawmakers continue to ask these questions, Pakistan observers are at pains to point out that the answers matter little given that nothing has changed — the status quo has been maintained.
Continue reading THIS ARTICLE SHOWS NO HOPE FOR POOR PEOPLE OF PAKISTAN IN NEAR FUTURE
Excerpt:
… Since long alarm bells have been ringing in the world about the dubious role that Pakistan has played and this must have confirmed their doubts. They realise that they are up against a state which is delusional about its importance and its possible goals. When Mullen had criticised the ISI, he knew what he was talking about.
With Osama, Pakistan has lost a bargaining chip and the establishment must not be ruing the supposed sovereignty violation – banana republics have no sovereignty – and the egg on face, but the fact that the western purse strings may be tightened. They were out-foxed by the US on this count but then they still hope to play the Haqqani card and continue to prosper.
There always has been much ado in the establishment here about the sanctity of sovereignty and their determination to defend it. This US operation has destroyed many a myth and claim about the preparedness and the determination, which are forever forced down the throats of the people.
Anywhere else in the world, after embarrassment and humiliation on this scale and magnitude, there would have been mass resignations if not mass hara-kiri to remove the stigma, but here the positions seem to have been consolidated and instead of regret, the world is being blamed for an intelligence failure. Moreover, as they recover from embarrassment, warnings flow as if May 2 never happened.
It is also in the name of sovereignty and the writ of the state that the Baloch are regularly abducted and killed, but when it comes to a bigger bully, all are so very apologetic and contrite. Recently, three Sindhi nationalists were burnt to death in an attack in Sanghar, and a few days back nine Marris of the Sherani clan shifting from Hub to Karachi were picked up near the Northern Bypass and are unaccounted for. The Sindhi proverb, “Sher Shah’s hawk only kills the chickens at home” fits this state perfectly.
Here individuals and institutions that excel in bluff and bluster symbolise heroism because values and principles count for naught. In all quests to acquire power and pelf, conscience and compassion are always the first casualties and this makes the acquirers corrupt and cruel. Verily, corrupt and cruel people commit crimes without compunction and are beyond reform.
Read more : Daily Times
by Syrian Socialist
Events are beginning to move in the direction of revolution in Syria. Prior to today’s day of action we received this letter from a Syrian socialist that gives some interesting insights into the difficulties the regime is facing.
The situation in Syria is reaching a boiling point. The regime has used brutal repression in the city of Darr’a. The so called “Saraya Al-Difa’ (Defense Brigades) which are paratroops under the command of Maher Al-Asad, the brother of the president, were the ones who stormed the Omary Mosque and are the ones besieging the city, terrorizing, arresting, and shooting. It is believed that more than 100 martyrs have fallen so far and hundreds more have been arrested. On top of that, locals have reported that Farsi is being spoken among some members of the security forces and there is widespread belief that these are Iranian “Revolutionary Guards”.
Today, Boutheyna Sha’aban, was on TV. She is a prominent face of the Syrian regime who has occupied a number of ministerial posts in the past and who is currently, some sort of a counselor for the president. She seemed shaky and was mumbling during parts of her speech, although she was trying to look strong. She repeated all kinds of rubbish that the regime has been saying along the lines that the President respected the legitimate demand of the protesters and is going to respond to them and that the violence that took place was caused by “agent provocateurs” who took advantage of the peaceful protests to advance their own agenda which has nothing to do with the demand of the Syrian people, but only aimed at striking at the stability and harmony the country enjoys. She finished her speech with the most ridiculous concessions, nonetheless very reflective of the fears of the regime, which included the immediate establishment of all sort of “committees” to “study” the different economic and political demands of the Syrian people (!) and also raising the wages of public sector workers (and improving benefits) to meet their needs. But how to meet “their needs” and by how much the wages are going to be increased she did not say! When she was asked who was behind this “conspiracy” in Darr’a she could not figure that one out either!
Tomorrow [Friday] is supposed to be the Syrian day of a rage and is going to be a decisive day that could very well mark the beginning of a full scale revolution. There have been many calls on people to take to the streets and protest but the response has been very meek so far. What happens tomorrow is significant because after the atrocities …
Read more : Wichaar
By: Hakim Hazik
After Abdul Sattar Edhi, the biggest Boy Scout in Pakistan is Hakimullah Mehsud. He has protected Pakistan from enemies of the Ummah such as Col. Imam by shooting them in the head and making improving educational videos for patriotic Pakistanis.
All the chaos, disorder, terrorism, inflation, hailstorms and traffic congestion in Pakistan has been created by the CIA. It is interference on a massive scale from across the border. Karzai is in the hock of RAW which is a slave of CIA which in turn is a handmaiden of MOSSAD. All these leery wolves have turned upon the innocent citizens of Pakistan. They are attacking us with drones. They are attacking us with Glock handguns. They are attacking us with polio drops, so that we lose our manhood and our ghairat and the Ideology of Pakistan is defamed and degraded.
A foreign hand cannot be excluded in the murder of Shehbaz Bhatti. A foreign hand cannot be excluded in the Faisalabad blast. A foreign hand cannot be excluded in the Pacific tsunami. A foreign hand cannot be excluded in propping up Kamran Akmal. A foreign hand is squeezing the vital organs of the Ummah.
It all started when we decided to fight America’s war. Everything was going swimmingly before 9/11. We were living in a democratic and prosperous welfare state and taking great strides in economic development with the help of the IMF tranches. Now we had to kill our own people whose only fault was that they were killing our own people. Such blatant American interference will rarely be seen across the world. There are a thousand Raymond Davis’s running amok in the Land of the Pure looking for half a million trained Mujahideen whose only fault is that they want to explode bombs in city centres.
Who was it who trained these militants anyway? It was the Americans. They recruited them from across the world; trained and indoctrinated them in Darul Ulum Langley Sharif and let them loose in Afghanistan. At all this time, the Premier Sensitive Agency of the world watched with bemusement and filled its pockets with greenbacks and Ojhari Camp with explosives. They were quite distraught when the Americans left in a fit of pique, after 1989 and the Premier Agency had to mop up the mess left behind in Kabul and Jalalabad under the inspired leadership of General Bull who turned Afghanistan into a thriving, modern democracy.
Even now, as soon as the Americans leave, the half a million jihadis will instantaneously become tourist guides and divert their attention from suicide vests to the Chitrali Patti ….
Read more : Justice Denied
– Six months later, Pakistan’s flood disaster threatens to worsen.
The crisis in Pakistan is far from over and could get worse, international aid agency Oxfam warned today, six months on from the nation’s devastating floods.
In a report, “Six months into the floods” the agency warned that millions of people were still in dire need and that the situation could deteriorate further. The report says that although the aid effort has reached millions, it has struggled to match the immense scale of human need. …
Read more : Oxfam
By Richard Black, Environment correspondent, BBC News
The Indian state of Gujurat is planning to host Asia’s first commercial-scale tidal power station.
The company Atlantis Resources is to install a 50MW tidal farm in the Gulf of Kutch on India’s west coast, with construction starting early in 2012.
The facility could be expanded to deliver more than 200MW.
The biggest operating tidal station in the world, La Rance in France, generates 240MW, while South Korea is planning several large facilities.
To claim the title of “Asia’s first”, the Indian project will have to outrun developments at Sihwa Lake, a South Korean tidal barrage under construction on the country’s west coast.
Atlantis’s recent feasibility study in Gujurat concluded that the state had good potential for tidal exploitation. …
Read more : BBC
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