Wednesday, September 30

Tag: Featured

Bangladesh Bank heist: WB for including casinos in Philippines dirty money law
Asia, ENGLISH

Bangladesh Bank heist: WB for including casinos in Philippines dirty money law

    The Philippines must make sure casinos are covered by anti-money laundering legislation, the World Bank said today, joining calls for the government to better regulate its gambling industry after stolen millions from Bangladesh found their way to Manila. A Philippine panel is trying to fathom how US$81 million hacked in February from the New York Federal Reserve account of Bangladesh's central bank wound up with two casinos and a junket operator in the Philippines in one of the biggest cyber heists in history. The government has since recovered part of the stolen money. "Reforms should be made, for instance, in making sure that casinos are included (in the anti-money laundering law)," World Bank lead economist Rogier van den Brink told reporters in Manila. "...Loopholes mus...
Prince William and Kate join Indian celebrities at charity gala
Asia, ENGLISH

Prince William and Kate join Indian celebrities at charity gala

    The Duke and Duchess of Cambridge arrive at a Bollywood Charity Gala hosted by the British High Commission and the British Asian Trust at the Taj Mahal Palace Hotel. The couple arrived in Mumbai, India, on April 10 as they began their seven-day tour of India and Bhutan. The royal couple’s itinerary includes several events in Mumbai and Delhi, followed by a trip to Kaziranga Wildlife Sanctuary in Assam, a two-day trip to Bhutan and finally, a visit to the Taj Mahal in Agra, India. The Duke and Duchess of Cambridge were joined by some of India’s biggest film stars, sporting heroes and business people for a charity gala at the Taj Mahal Palace hotel in Mumbai, which wrapped up the first day of their tour of India and Bhutan. Bollywood stars Shahrukh Khan and Aishwarya Rai and...
Cabinet Should Publish Tax Haven Links: SNP
ENGLISH, United Kingdom

Cabinet Should Publish Tax Haven Links: SNP

    The SNP has said David Cameron's Cabinet should follow in his steps and publish any links they have with tax havens. Angus Robertson, Westminster leader of the Scottish National Party, told Sky's Murnaghan programme: "We have heard absolutely nothing about other members of the Cabinet. "Where is the Chancellor of the Exchequer George Osborne? Has he made a declaration that he has never ever benefited from offshore trusts? "What about other Treasury ministers? Have they ever benefited from offshore trusts? "I think the publishing of the tax returns by the Prime Minister is welcome, but it doesn't answer these wider questions and it is something that this week they are not going to get away from. "If the Prime Minister doesn't make a statement to Parliament tomorrow the SNP ...
Venezuela energy crisis: President tells women to stop using hairdryers and go with natural style to save electricity
America, ENGLISH

Venezuela energy crisis: President tells women to stop using hairdryers and go with natural style to save electricity

    The President of Venezuela has urged women to stop using hairdryers and offered alternative styling tips as the country’s energy crisis continues. Nicolas Maduro has announced a decree giving state employees Fridays off for two months as part of measures to offset a crippling electricity shortage. He urged his compatriots to increase other efforts to save power, including cutting appliance use and raising the temperature on air conditioning units. Recommending that women reduce hairdryer use to “special occasions”, the President added: “I always think a woman looks better when she just runs her fingers through her hair and lets it dry naturally. It's just an idea I have." He also called on Venezuelans to make small changes to their routines, including embracing the tropica...
Charity boss Chowdhury Muyeed, 52, and his wife Asma Khanam, 47, were jailed
ENGLISH, London

Charity boss Chowdhury Muyeed, 52, and his wife Asma Khanam, 47, were jailed

    Charity boss and his wife who flew hundreds of Bangladeshi migrants to Britain for a day to claim £1.6million in benefits are jailed • Chowdhury Muyeed, 52, and his wife Asma Khanam, 47, were jailed • Headed scam that saw migrants fly to UK and illegally claim state handouts • Italian nationals of Bangladeshi origin went to Job Centre interviews to get National Insurance numbers • Their details were then connected to bogus addresses and they were registered with the Government as working for 24 hours per week • Meant they were entitled to housing benefits and council tax credit claims • Fake claims cost Redbridge and Tower Hamlets Council total of £1,582,519 Chowdhury Muyeed, 52, was the £44,000-a-year head of finance at Blood Pressure UK, when he headed the 'con air' scam...
Britain’s worst town for drunken women revealed as police say they’re as bad as blokes
ENGLISH, United Kingdom

Britain’s worst town for drunken women revealed as police say they’re as bad as blokes

    Geordie lasses top a shameful league table of Britain’s most drunk women. They have been punished with more £80 on-the-spot fines for nuisance public boozing than females in any other region, police figures uncovered by the Sunday People reveal. An alarming total of 4,629 were dished out by Northumbria Police, which patrols Newcastle, in six years. Second worst-hit was Lancashire, which includes the hen party mecca Blackpool, with 3,596 of the fines. In third place with 3,410 of the cash penalties was Merseyside, where Liverpool city centre’s array of bars and clubs lures thousands of party girls every weekend. All top three regions were well ahead of fourth-placed London, despite having far smaller populations than the capital. The rise in anti-social drunkenness by young...
Cameron in line to avoid inheritance tax of £80k
ENGLISH, United Kingdom

Cameron in line to avoid inheritance tax of £80k

    David Cameron stands to avoid up to £80,000 in inheritance tax after his mother gave him £200,000 following the death of his father, it emerged on Saturday, as the Prime Minister took the unprecedented step of publishing details of his tax returns. Under current tax rules, Mr Cameron would be able to legitimately avoid paying inheritance tax, which could be as much as 40 per cent, if his 82-year-old mother Mary lives for another two years. The approach is commonly used by tens of thousands of families a year to help reduce their tax liabilities by using a “lifetime gift”. However, a Downing Street source was unable to say whether the money from Mrs Cameron came from his father’s offshore investments. A Downing Street source last night said that Mrs Cameron's decision to gi...
Top ten most hated professions
ENGLISH, Life Style

Top ten most hated professions

    There are some professions that it's hard to love. There may be lovely traffic wardens - and debt collectors who are wonderful human beings - but they'll have an uphill struggle to convince anyone of their good points. We reveal ten of the most hated professions - and why. 10. Bouncer They may be useful for breaking up pub brawls, but those who have been unlucky enough to get up close and personal with a bouncer will know they can get very carried away with the power they have been given. On the other hand, it's easy to understand why bouncers get easily riled up when you see the state people get themselves into on a night out! 9. Mechanic For a lot of us, a trip to the mechanic can be pretty stressful, especially when we don't know anything about fixing cars. This also pu...
UK ministers humiliated after Cayman and BVI leaders repeatedly ignore requests for meetings
ENGLISH, United Kingdom

UK ministers humiliated after Cayman and BVI leaders repeatedly ignore requests for meetings

    The governments of two notorious tax havens have repeatedly ignored UK ministers’ requests to meet about cracking down on corporate tax avoidance of the kind detailed on the so-called Panama Papers, The Independent can reveal. Official letters obtained using freedom of information rules show humiliated ministers “disappointed” at being stood-up after “numerous attempts” to meet with the premiers of the British Virgin Island and Cayman Islands. Campaigners reacted to the letters by berating the Government’s “meek” and “softly-softly” approach towards the havens, while Labour leader Jeremy Corbyn has accused the Government of “pussyfooting” around the issue. The revelation comes after a massive data leak from Panama-based law firm Mossack Fonseca which shows it registered mo...
Pahela Baishakh coming ahead: high price in the market of Hilsa
Bangladesh, ENGLISH

Pahela Baishakh coming ahead: high price in the market of Hilsa

    Hilsa, our national fish, has become an inseparable part of Pahela Baishakh (Bangla New Year) celebrations, but experts say the practice has no roots in a thousand years of Bengali tradition. Welcoming the New Year is a national festival in Bangladesh and is celebrated with much ado. A dish of panta-ilish (a combination of rice soaked in water overnight and Hilsa fried, steamed or in curry) is usually featured on the day’s menu. This practice of eating Hilsa on the first day of Baishakh is of recent origin, Bangla Academy Director General Prof Shamsuzzaman Khan told BBC Bangla. “Baishakh, the first month of Bangla calendar, is a hot and mostly dry season interspersed with sporadic nor’westers. Farmers usually have no extra money to have Hilsa to celebrate the New Year. It ...