Friday, October 3, 2025

Google accounts show 11 billion euros moved via low tax ‘Dutch sandwich’ in 2014

Google moved 10.7 billion euros ($12 billion) through the Netherlands to Bermuda in 2014, as part of a structure which allows it to earn most of its foreign income tax free. Accounts for Google Netherlands...
Bob Lee -

How Do You Stop the Biggest Gas Leak Ever?

Steve Conley got the call early on Nov. 5. A natural gas storage well was leaking methane into the air at Aliso Canyon, near a Los Angeles suburb, and no one knew just how...
Bob Lee -
BUSINESS

POLITICIANS RELY TOO HEAVILY ON CLOISTERED EXPERTS

In pockets around the world, democracy is being reinvented as it was conceived in ancient Athens – not modern Greece, I hasten to add! Luca Belgiorno-Nettis In pockets around the world, democracy is being reinvented as...
Bob Lee -

Unprecedented concentration of corporate influence

Labor senator Sam Dastyari has warned there is something "fundamentally wrong and rotten" with Australia's entire political system, claiming there are 10 huge companies with so much power and influence they have killed proper...
Bob Lee -

China’s Ponzi Scheme – 900,000 people +

Amost overnight, Ding Ning and Zhang Min struck it rich with the hot new thing in Chinese finance. In 18 short months, they transformed an old-line industrial company into an Internet phenomenon through the seeming...
Bob Lee -

Malaysia Prosecutor, Fund Will Help in Swiss Graft Probe

KUALA LUMPUR, Malaysia — Malaysia's top prosecutor said Saturday he will cooperate with Swiss authorities, whose investigation into an indebted Malaysian state investment fund indicated that $4 billion may have been misappropriated from Malaysian...
Bob Lee -

Flashing lights, music turn rats into problem gamblers

Adding flashing lights and music to gambling encourages risky decision-making -- even if you're a rat. Scientists have discovered rats behaved like problem gamblers when sound and light cues were added to a "rat...
Bob Lee -

Google deal highlights need for ‘radical change’ to international tax rules

Google’s £130m tax deal with the UK reveals the need for a radical overhaul of the international tax system, according to Britain’s leading authority on tax and spending. The Institute for Fiscal Studies (IFS) said...
Bob Lee -
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