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6:50 AM

Jalal HB
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Britain's banking giant HSBC is under fire for helping out its wealthy customers across the world to evade hundreds of millions of British Pounds worth of tax.
BBC reports that the tax evaders assisted by HSBC include 106,000 clients in 203 countries, of which 7,000 clients are from UK.
The bank now faces criminal investigations in the US, France, Belgium and Argentina, but not in the UK, where HSBC is based.
Read details at BBC Business
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12:37 PM

Jalal HB
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Slavery has since been abolished from Africa - but it may be news to you that 14 countries are still paying colonial tax for the benefits of slavery and colonization.
France's economy so much depends upon this 'donation' that in March 2008, former French President Jacques Chirac said:
“Without Africa, France will slide down into the rank of a third [world] power.”
These 14 african countries are obliged by France, trough a colonial pact, to put 85% of their foreign reserve into France central bank under French minister of Finance control. Until now, 2014, Togo and about 13 other African countries still have to pay colonial debt to France.
African leaders who refuse are killed or victim of coup. Those who obey are supported and rewarded by France with lavish lifestyle while their people endure extreme poverty, and desperation.
It’s such an evil system even denounced by the European Union, but France is not ready to move from that colonial system which puts about 500 billions dollars from Africa to its treasury year in year out.
via
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