A complaint over tax payments by a Glencore subsidiary could prompt the Zambian government to undertake an audit of all mining companies to assess how much tax they owe Mining firm under fire over tax payments in Zambia The contrast between the poverty of most people in Zambia and the natural riches of our country was highlighted this week in an incident that is highly embarrassing for one of the companies profiting from our mineral wealth. The company – Swiss commodities giant Glencore – has just announced its intention to launch itself on to the London Stock Exchange . So it will have been less than happy about the timing of the formal complaint which my organisation, the Centre for Trade Policy and Development, and four others filed on Tuesday with the Organisation for Economic Co-operation and Development (OECD). The complaint is about the behaviour of a mining company , Mopani Copper Mines (MCM), which is largely owned by a Glencore subsidiary and which operates in Zambia’s copperbelt, near our northern border with the Democratic Republic of the Congo. Put simply, our concern is that Mopani may be selling Zambia’s copper to Glencore at prices which favour Glencore and which reduce the amount of tax the company pays in Zambia – a desperately poor country, where life expectancy is 46. Specifically, our complaint alleges that Mopani is violating the OECD’s guidelines for multinational companies, which require trade between subsidiary and parent companies to follow the “arm’s length” rule. In other words, related firms must buy and sell with each other at open market prices. The basis of our concern is a leaked auditors’ report that highlighted a series of “problems” in Mopani’s figures for costs and revenues, including a failure by the company to show that its copper sales were done on an arm’s length basis. The report was commissioned by the Zambia Revenue Authority. Glencore, for its part, has strongly disputed the auditors’ findings, saying the report contains factual errors and is based on flawed analysis and assumptions. For me, the leaked report lends some support to Zambian civil society organisations’ claims that mining companies are depriving us of social and economic benefits which are rightly ours, through tax evasion and avoidance. I hope that the leaked report – and now our complaint to the OECD – will prompt the Zambian government to do a financial audit of all mining companies, so that the Zambian Revenue Authority can update its assessments of the tax they owe. Donor countries such as the UK – which gave Zambia almost £50m in aid last year – should support our government in such an exercise. I also hope that our complaint to the OECD will draw attention to the existence of a much bigger problem – tax dodging by multinational companies – which stretches far beyond the copperbelt and indeed Zambia itself. According to Christian Aid – one of my organisation’s UK partners – developing countries lose some $160bn a year in tax revenue to the manipulations of multinationals. That is considerably more than they receive in aid each year. A major part of the solution to this global curse is for governments to require companies to reveal more about their finances, with details, such as profits made and taxes paid, published for every country in which they operate. This sort of information would help tax authorities – including Zambia’s – to identify suspicious cases where companies appear to be artificially shifting their profits out of poor countries and into tax havens. It would not transform the balance of power between tax collectors and a company’s army of tax accountants and lawyers, but it would help. The EU is looking into just such a country-by-country reporting standard for all companies listed in member states. If this resulted in the disclosure of payments to governments, it would help civil society to hold governments to account when they are misusing money. But to shine a light on cases where companies are flouting the OECD’s critically important arm’s length rule, we need underlying financial information. If Europe were to require this kinds of disclosure, then here, in Lusaka, we would applaud. • Savior Mwambwa is executive director of the Centre for Trade Policy and Development, Zambia
Continue reading …The failure of politicians like David Cameron to see immigration as neutral perpetuates a circular debate of numbers, controls and blame David Cameron’s speech on Thursday was a perfect example of everything that is wrong with the debate on immigration. He starts off by identifying “concerns on the doorstep”, “myths have crept in”, pays a bit of lip service to “benefits of immigration” and then launches into “controls”, “cuts” and “abuses”. He, of course, leans into lazy Brits on welfare who do not want to do dirty jobs and his speech is full of anecdotes about immigrants abusing the system. These are all very familiar arguments about the phenomenon of migration. But one thing that most politicians miss is that migration is neither good nor bad. It just is. Adding value judgments becomes problematic because when we talk about immigration, we are in fact talking about immigrants. When the prime minister, or others in power, talk about immigration as bad, abusive, criminal and threatening, they pass judgment on every person that migrated to this country. They are undercutting the work of every migrant that has made this country great. Is it a surprise that people are so afraid of the other? So if you have a foreign-sounding name (like me), look and sound a bit different (like me), the message is: you will never belong here no matter how hard you try to integrate, because you should not have been here in the first place. While you were cheating your way into our country, our universities, our marriages and taking away our benefits, you were also too hard working, and willing to do our dirty jobs, and making our poor British-born welfare claimants lazy. The truth is, like everything that has to do with human beings, migration is complicated. Migration is an experience, and most people once they reach their destination just want to get on with their lives, work, study and raise their families. This government has fallen into the same trap as the previous one – it is making policies based on negative perceptions and fears rather than addressing immigration as a neutral social phenomenon that can be as beneficial or as damaging as we make it. Sadly our government has a fantasy that if it can prevent people from coming and staying here, it will solve all our social problems. Constantly talking about immigrants as the problem detracts from the real reasons behind the shortage of social housing, unemployment and cuts in public services . As long as we think that immigrants can somehow be stopped before they reach our shores, we will be stuck in this circular debate of numbers, controls and blame. The citizens of Britain, including migrants, are caught in a crossfire of mixed messages that does not increase understanding about the issues most important to them. Migrants are left to deal with the backlash that has serious consequences for our treatment and rights and we are left with no voice, regardless of how well we speak English. A true debate will be possible when we all accept that immigration is an inescapable global phenomenon. For this to happen, we need visionary leadership to distil and address other serious issues that fuel emotions behind the smokescreen of the tough immigration debate. Immigration and asylum David Cameron Conservatives Race issues Zrinka Bralo guardian.co.uk
Continue reading …Joseph Farah as Trump’s campaign advisor ? Why the heck not? A fake campaign can always use its own Goebbels. At this point, I’m thinking Donald Trump is just pimping his failing show with his courtship of King Birther Farah . But still, it’s a little creepy . Farah, of course, is the mushbrain behind Internet rag WorldNetDaily. Famous for his obsession with birtherism and President Obama’s religion , he’s taken free markets and misinformation channels to new heights by blending the two into a free market of utter lies and disinformation. I wonder if this means he broke up with Newt ? Or maybe Farah is just auditioning for next season’s Apprentice in order to induce NBC to keep the whole thing going through primary season. Whatever.
Continue reading …Aside from ABC's Jake Tapper, where were the denunciations from the media of President Obama's uncivil, hyper-partisan speech on the budget the other day at George Washington University (GWU)? That's a question that NewsBusters publisher Brent Bozell asked on last night's “Media Mash” segment on Fox News Channel's “Hannity.” It was a speech that the president invited Rep. Paul Ryan (R-Wis.) to sit in on, and “then savaged him.” “The Republicans seriously thought” the April 13 speech was “going to be a serious policy proposal” on the budget, but instead Obama “broadsided everyone with this amazing display of demagoguery,” Bozell noted. “Kudos to Jake Tapper of ABC who pointed out that it was the same Barack Obama who gave a speech before the Republicans last year saying that people better not do this kind of exact language that he used yesterday.” “This was something that the media needed to denounce for what it was, which was dishonest [and uncivil],” the Media Research Center founder added. Bozell and Fox News host Sean Hannity also discussed MSNBC's Chris Matthews hyperbolically saying the Ryan budget plan would “kill half the people that watch [Hardball].” “This is what we're up against,” Bozell observed. “There are no proposals on the Left to do anything about this, it's just that Republicans are now trying to kill people.” Also discussed was how on the April 6 NBC “Today” show host Matt Lauer fed leftist talking points to interview subject liberal Democratic Sen. Chuck Schumer (N.Y.): MATT LAUER, from April 6 “Today”: And when you look at some of the things the Tea Party and others on the far right are asking for: no funding for Planned Parenthood, no funding for climate control, public broadcasting, does it seem to you, Senator, that this is less about a fiscal debate or an economic policy debate and they're making an ideological stand here?
Continue reading …0001 5min SNTV Courteney Cox opens up Scream 4 – Trailer Ufficiale Italiano Scream 4 Movie (2011) HD Trailer 2 Courteney Cox Talks David Arquette Split On 'David Letterman … Courteney Cox made the talk show rounds this week, opening up on The Late Show With David Letterman Wednesday night and on LIVE! With Regis and Kelly Thursday morning about her relationship with ex David Arquette. Courteney Cox And David Arquette's Messy Breakup: A Primer It’s complicated. After announcing their separation last year, Courteney Cox and David Arquette have refused to play the part of a couple whose breakup is tidy, linear, or, for that matter, even irrevocable. Courteney Cox And David Arquette Discuss Their Marital Problems On … Wow! When did Howard Stern´s show turn into couple´s therapy? We haven´t always agreed with David Arquette´s behavior during his separation from Courteney Cox , specifically… 'Scream 4's' Courteney Cox over-shares about David Arquette on … First, Hayden Panettiere dished on getting it on with her super tall boyfriend, Wladimir Klitschko. Now fellow “Scream 4” co-star Courteney Cox is telling the world about what David Arquette is packin’ down there. Courteney Cox & Coco In The Big Apple | Celebrity Baby Scoop Courteney Cox & Coco In The Big Apple. After an appearance on The Late Show with David Letterman, actress Courteney Cox returned hand-in-hand with her 6-year-old daughter Coco to their New York City hotel (April 12). … jdoe4you says: #celebs Cox reveals Arquette sex-obsessed – Toronto Sun http://bit.ly/geUZom #celebrity2day
Continue reading …Ctr360′s! Amazing Winter Man United Will Win Title 09 08 09 New free FIFA 11 ULTIMATE TEAM 500000 COIN hack updated april 15th 2011 Manchester Derby Without Rooney & Tevez | Our Daily News MANCHESTER – Manchester Derby this weekend without two Rooney VS Tevez 300
Continue reading …Westboro Baptist Church at Elizabeth Taylor’s Funeral/Memorial? Charlie Sheen to Warner Bros: I Want a Public Trial! Good News, Bad News 37: Julianne Moore as Sarah Palin?! Plus, Burglar Fail! 'no discussions' with Charlie Sheen; Warner Bros | The Shambu ‘no discussions’ with Charlie Sheen; Warner Bros Recently it was said by the Charlie sheen in a radio interview in Boston after the show on Tuesday that there are “discussions” going on about his return to the show “Two and a Half Men” … Charlie Sheen, Warner Bros . Disagree Over Two And A Half Men | The … With all the gossiping and bickering back and forth between Charlie Sheen and Warner Bros, it’s almost like we’re in high school again, if our high school had warlocks. Well, actual warlocks. Earlier this week, Charlie Sheen’s return to … Warner Bros. Tells Charlie Sheen to Stop Lying – Techdude1987's blog Sounds like Charlie will have to add a few dates to his current ?Violent Torpedo of Truth? tour to pay the bills. Source: http://celebrity-gossip.net/ charlie-sheen/warner-bros -tells-charlie-sheen-stop-lying-497410 … norbertohodge: Warner Bros. Tells Charlie Sheen to Stop Lying Sounds like Charlie will have to add a few dates to his current ?Violent Torpedo of Truth? tour to pay the bills. Source: http://celebrity-gossip.net/ charlie-sheen/warner-bros -tells-charlie-sheen-stop-lying-497410 … Zooped.com – Charlie Sheen vs. Warner Brothers: Round 97! He tells TMZ “there WERE discussions” with Warner … aanjum444 says: RT @tmz : Charlie Sheen insists there WERE discussions about him coming back to 'Men' http://bit.ly/eqUym5
Continue reading …The budget deal President Obama hammered out with Harry Reid and John Boehner appears to have been the last straw for many Democrats—especially in the House. The Democratic caucus, including Nancy Pelosi, who voted against the budget deal, is feeling ignored and disappointed, and some have even begun discussing…
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