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Libya vs Switzerland: Tamoil loses

Libya is boycotting Switzerland over an offense to Qaddafi’s youngest son. And Libya’s refiner Tamoil won’t be selling anything to Switzerland any time soon. But with crude oil prices affordable again and oil consumption dropping, Libya is only hurting itself. by Stephanie Grimmett Baltimore — (TFN): You know you’re out of touch with reality when: [...]

Currency Exchange: Could your offshore funds be at risk?

“That dynamic novice economist and statesman, Sen. Barack Obama (D-Ill), has proposed inane legislation in the U.S. Senate that could disrupt American trade and business. His legislation would blacklist 30 or so foreign jurisdictions (Switzerland and Panama included) for the manufactured sin of imposing little or no [...]

Foreign Investment: Follow Buffett into Germany

“On a recent trip to Europe, Buffett made stops in Germany, Switzerland, Spain and Italy. But his first priority was to meet with leaders of the German mittelstand.” — Martin Hutchinson by Martin Hutchinson Baltimore – (TFN): Investors have been watching Berkshire Hathaway Inc. (BRK.A, BRK.B) Chairman Warren Buffett’s moves for years to [...]

Foreign Investing: Is Singapore the new Switzerland?

“The city of Singapore was not built up gradually, the way most cities are, by a natural deposit of commerce on the banks of some river or at a traditional confluence of trade routes. It was simply invented one morning early in the nineteenth century by a man looking at a map. [...]

The world’s best tax haven just got better

“Now one old-world money haven is putting tax competition into action. And if you own your own business, this one nation could help you slash your company’s tax liability to rates of 0% - 4%.” — Bob Bauman Editor’s note: Bob Bauman of The Sovereign Society gave some great news to his A-Letter readers this [...]

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