“On Friday, February 7, 2025, at 11:59 pm (EST) all USAID direct hire personnel will be placed on administrative leave globally, with the exception of designated personnel responsible for mission-critical functions, core leadership and specially designated programs. Essential personnel expected to continue working will be informed by Agency leadership by Thursday, February 6, at 3:00pm (EST).
For USAID personnel currently posted outside the United States, the Agency, in coordination with missions and the Department of State, is currently preparing a plan, in accordance with all applicable requirements and laws, under which the Agency would arrange and pay for return travel to the United States within 30 days and provide for the termination of PSC and ISC contracts that are not determined to be essential. The Agency will consider case-by-case exceptions and return travel extensions based on personal or family hardship, mobility or safety concerns, or other reasons. For example, the Agency will consider exceptions based on the timing of dependents’ school term, personal or familial medical needs, pregnancy, and other reasons. Further guidance on how to request an exception will be forthcoming.
Thank you for your service”
USAID’s website has been deleted, all that is left is a note saying all personnel are now on administrative leave and personnel outside the US are to be brought home. Completely illegal, no act of congress or even executive order was signed to dismantle the agency
05.02.2025 02:29 — 👍 31279 🔁 12207 💬 1372 📌 1020
‘Global south’ concept fuels unrealistic aspirations
Shifts in global economic and financial order are making this concept less effective
Why the ‘Global south’ concept fuels unrealistic aspirations: Shifts in the global economy are not only eroding analytical usefulness of the groupings approach but also making it potentially damaging. Timely read. www.ft.com/content/098c...
05.02.2025 09:14 — 👍 0 🔁 0 💬 0 📌 0
Revealed: how Roman Abramovich dodged taxes on cost of running his fleet of superyachts
Cyprus Confidential files suggest offshore scheme was used to evade tens of millions in VAT on long list of expenses
Billionaire Roman Abramovich dodged taxes on cost of running his fleet of superyachts.
Accountants and lawyers involved.
Front companies in Cyprus and BVI used.
Any pristine billionaires?
Tax authorities chase little people, rarely go after bigger beasts.
www.theguardian.com/world/2025/j...
28.01.2025 07:14 — 👍 388 🔁 178 💬 21 📌 6
Most organizations rely on word of mouth when hiring cos it's an easy shortcut. This is future reputational risk in context of data, especially for alien conditions. Hire empathetic leaders, employees with diverse skills + strong ethics. It's really that simple ! #DataPrivacy
29.01.2025 07:58 — 👍 0 🔁 0 💬 0 📌 0
Explore the latest tool to power up investigations via the Offshore Leaks database - ICIJ
Users can now match their own data — including names and addresses — with more than 810,000 offshore entities uncovered in ICIJ’s leaks.
For years, researchers, financial regulators and journalists have turned to ICIJ’s #OffshoreLeaks database to track hidden networks of global offshore finance.
Now, a new Application Programming Interface has made the tool even more powerful and accessible. Learn more:
16.01.2025 22:57 — 👍 16 🔁 8 💬 0 📌 0
Planting seeds for the future
“Flowers are only flowers because they fall.”
Such a thoughtful tribute and reflection on a year of learning at the esteemed JSK Stanford Fellowship by @EoghanMacguire. Planting seeds for the future: jskfellows.stanford.edu/planting-see...
11.12.2024 19:02 — 👍 0 🔁 0 💬 0 📌 0
The government shouldn’t pin all of its hopes for economic growth on the finance industry
Such a strategy was tried in 1970s and came to grief in the mid-1970s secondary banking crash.
UK finance industry (City) hypes its contribution to the economy.
Claims it paid £110.2bn tax. FALSE.
Income tax, employee NIC, VAT is borne by others.
Finance industry paid £48.3bn tax.
In a 15 year period, it made NEGATIVE £4,500bn contribution to economy.
leftfootforward.org/2024/12/the-...
11.12.2024 10:48 — 👍 1182 🔁 356 💬 37 📌 13
Annual AML/CFT typologies report from the Asia Pacific Group on Money Laundering (APG)
apgml.org/includes/han...
26.11.2024 13:36 — 👍 1 🔁 1 💬 0 📌 0
The Only Crypto Story You Need, by Matt Levine
Where it came from, what it all means, and why it still matters.
Revisiting this all-time favorite piece by the one and only Matt Levine. It’s a deep dive into where it came from, what it all means, and why it still resonates today. #Crypto #MattLevine #Finance #MustRead www.bloomberg.com/features/202...
10.12.2024 16:38 — 👍 1 🔁 0 💬 0 📌 0
Ten years on, ‘Lux Leaks’ remains a byword for corporate tax chicanery - ICIJ
In November 2014, ICIJ and dozens of media partners published a groundbreaking exposé of corporate tax avoidance in the heart of Europe. A decade later, the impacts are still being felt.
ICIJ's #LuxLeaks publication in November 2014 was based on files from the PwC consulting giant. A month later, the stories prompted a second leak from the other Big Four firms Deloitte, EY and KPMG, confirming the investigation's focus on systemic issues.
09.12.2024 22:57 — 👍 17 🔁 3 💬 0 📌 1
Republic of Mozambique -v- Credit Suisse and others - Courts and Tribunals Judiciary
Neutral citation number: [2024] EWHC 3188 (Comm) Case number: CL-2019-000127 and 11 Others In the High Court of JusticeThe Business and Property Courts of England and WalesKing’s Bench DivisionCommerc...
🔥 Hot off the press: The High Court in London has refused Privinvest permission to appeal its ruling in the #TunaBond case which found the Abu Dhabi shipbuilder liable for its role in a #corrupt conspiracy to secure billions in Mozambican government-backed loans for a doomed maritime project.
10.12.2024 13:46 — 👍 11 🔁 5 💬 1 📌 0
The truth about maximising efficiency
As our immune systems demonstrate, we need built-in redundancies to function during crisis
On why we must remember that efficiency is a tool, not a totem. As Washington prepares to launch an efficiency crusade, we must remember that efficiency, wrongly dosed, can sicken the very system it means to improve. The truth about maximising efficiency: www.ft.com/content/9b14...
05.12.2024 11:30 — 👍 0 🔁 0 💬 0 📌 0
