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Arabica Robusta

Pambazuka - Globalising economic apartheid - 1 views

  • the presence of tax havens, whether specialising in corporate or maritime services, consistently undermines national and international rule-of-law. This was the case with the capitalist apartheid regime in South Africa, who circumvented oil sanctions through the 'socialist' government of Seychelles. The Iranian revolution evidenced the fall of the US-backed Shah, depriving the apartheid regime of secure oil supplies.
  • By pyramiding holding companies in jurisdictions characterised by secrecy, the corporate beneficiaries of the apartheid regime were able to access resources and labour on the cheap, while easily navigating global sanctions.
  • Not much has changed when it comes to the use of secrecy jurisdictions as a means of looting African minerals. Until recently, Sierra Leone’s diamond industry was dominated by two firms: SLDC and Koidu Holdings. The latter was wholly owned by two entities based in tax havens, both of which are directly connected to the UK: Guernsey and the British Virgin Islands (BVI) through BSG Resources, recently implicated as a potential funder for Zimbabwe's Marange fields (via Canadile).
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  • As Fidelity Corporate Services stated, bearer shares ‘represent the ultimate way of ensuring the anonymity of offshore company owners’. To better state the obvious, Fidelity articulated why corporations should maintain entities in tax havens: ‘Tax avoidance generally means creating and organising such business structure which would pay minimum possible amount of taxes without breaking the law. All international offshore financial services industry which is functioning on a legal basis is about tax avoidance and not about tax evasion.’
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Vidit Agarwal

Community Interest Company (CIC) - 0 views

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    What is a community interest company (CIC)? Know more about CIC and advantages of setting-up community Interest Company is a relatively new type of company which was established in the year 2005 under the companies by the UK government. Read more complete statement of CIC on DNS Accountants.
Alex Parker

ProVeg International launches petition to challenge EU 'veggie' burger ban - 1 views

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    Food awareness organisation ProVeg International has started a petition to 'stop the veggie burger ban' after the European Parliament's proposal to ban the use of words including 'burger' and 'sausage' to describe vegetarian and vegan products.
SEO Services USA

Disaster Recovery plan - Disaster Recovery As A Service - 1 views

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    We all know that risk is uncertain and therefore a Business should always be ready to tackle it. Disasters in business are not only caused by Mother nature but also technically like cyber-attacks, system crashes etc. which brings a huge loss for the business, it is vital to be prepared by making a pre-planned disaster recovery plan. Disaster Recovery (DR) It focuses on the IT systems that help overcome critical business faulty. Disaster Recovery is a part of business continuity, but both of the terms aren't the same. It focuses on keeping all aspects of a business run even if it faces a disaster. IT systems are critical to the success of the business, therefore disaster plan plays the main pillar to keep the success going in a business. Disaster Recovery Plan (DRP) Disaster Recovery Plan is a business plan that describes how work can be resumed quickly and effectively after the business faces a disaster. It is a part of business continuity planning. The overall idea is to develop a plan that will allow the IT dept. of that organisation, when faced a disaster, recover enough data to allow function and operate the organization. The plan includes the following: * Statement, overview and main goals of the plan. * Contact info of key personal and DR team members. * Description of emergency response actions. * Diagram of the entire IT network and recovery site, directions to reach the recovery site. * List of software, license key and systems that will be used in the recovery effort. * Technical documents from the sellers of the recovery technology system software. * Summary of insurance coverage. * Plans on how to deal with financial and legal issues as well as media outreach.
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