From the 50 States of America, New Jersey happens to have the highest amount of debt. In contrast, Alaska has the lowest amount of debt.  So, what goes into creating these debts? And what can we learn about the spending habits of the states and their residents? Surprisingly enough, statistics show...
Some people believe financial privacy is a human right. It is an argument with the number of people wanting to discuss it increasing. Many individuals will agree a human right is based on a fundamental belief in the value of freedom. If this is true or not...
One of the biggest issues plaguing the modern state of Greece has been corruption. This corruption has taken many forms, the most prevalent being tax evasion and money laundering. As a result, the Greek economy has suffered tremendous setbacks. While efforts are being made to stem this...
Just because you're not filing bankruptcy yet, it doesn't mean you're doing a good job with your finances. Like the other 78 percent of Americans, you're probably living paycheck to paycheck, which isn't good. A single financial emergency could quickly throw your life completely off track. However, don't give in...
The continuing financial crisis in Greece has made international headlines. Many economic experts are convinced that the current round of austerity measures is entirely too draconian to be stood for long. The consensus among the Greek middle and poorer classes is that the rich should pay for...
With so many formal governmental organizations and international groups that have been formed, it’s easy to become confused about the various organizations and their roles. For example, many are unaware of the G20 and its primary role. If you’re interested in learning more, continue reading. Below is...
The Tri-Border Area, where the cities of Puerto Iguazu in Argentina, Foz do Iguazú in Brazil and Ciudad del Este in Paraguay meet is rife with illicit financial activities. The magnitude of the threat in the TBS area is so great, authorities call it the “largest illicit...
The Partnership Panel, which meets in the first and third quarter of the year, is comprised of key governments and institutions that provide funding to and/or cooperate closely with the Task Force.  The Partnership Panel mandate is to facilitate meetings with other government officials, provide information on...
The Task Force on Financial Integrity and Economic Development is a consortium of Governments and NGOs and is guided by a coordinating committee which consists of the following entities: Global Financial Integrity*Christian AidGlobal WitnessTax Justice NetworkTransparency InternationalSecretariat of the Leading Group on Solidarity Levies...
The (FCPA) Foreign Corrupt Practices Act passed in 1977. This is a United States law prohibiting individuals and firms in the United States from bribing foreign officials to further a business deal. No minimum has been set as punishment for bribery. The FCPA outlines the guidelines for...