The Great Debate

Why migrants are going to great lengths to avoid this EU country

By Tania Karas
September 28, 2015
Refugees walk inside the Kokkinotrimithia refugee camp in Cyprus

Refugees walk inside the Kokkinotrimithia refugee camp in Cyprus, September 6, 2015. REUTERS/Yiannis Kourtoglou

Common ground for Obama and Putin is offshore

By William E. Pomeranz
September 3, 2013

Low expectations surround the G20 meeting in St. Petersburg on September 5-6.

President Barack Obama’s decision to cancel the pre-G20 summit with Russian President Vladimir Putin means the big photo op will likely be the two leaders awkwardly trying to avoid each other. The other headline-making issues in U.S.-Russian relations — Syria, nuclear weapons reduction, missile defense — also appear off the table now. There is one timely matter, however, that resonates with Washington, Moscow, and the entire G20 — the continuing fight against offshore tax havens.

Russia after Cyprus: Bringing the money home

By William E. Pomeranz
April 12, 2013

The Kremlin’s initial outrage over developments in Cyprus – and the island’s shocking expropriation of billions of dollars held by Russian companies and citizens – has given way to mild indifference. “If somebody gets caught and loses money at the two largest [Cypriot] banks, it’s a shame,” First Deputy Prime Minister Igor Shuvalov recently stated, “but the Russian government isn’t going to do anything about it.”