Tag Archives: Paul De Grauwe

A money ‘black hole’: rich hide at least $21 trillion in tax havens, study shows

Thanks to lax international tax rules the world’s super rich have siphoned at least $21 trillion — more than 50 percent larger than the entire U.S. economy — into secretive tax-free havens, according to a study by UK campaign group Tax … Continue reading

Posted in Finance & economics | Tagged , , , , , , | Leave a comment

Spain’s economic crisis turns middle-class families into illegal squatters

TERRASSA, Spain — Ana Valderrama and Tony Cortes do not look like squatters. The suburban apartment they’ve illegally occupied since December is free of clutter. Its stone floors shine while two poster-sized pictures of daughters Jennifer, seven, and Ariadna, 11, hang on gleaming … Continue reading

Posted in Europe | Tagged , , , , , , , , , | Leave a comment