MIAMI (Reuters) – The 2011 Atlantic hurricane season will be active with the energy-rich U.S. Gulf Coast facing a significant threat of a hurricane landfall, a leading private weather forecaster predicted on Tuesday.
The forecast by Weather Services International follows one of the busiest seasons on record last year that saw intense levels of storm and hurricane activity but no direct hit on the U.S. coastline.
FORT LAUDERDALE, Florida (Reuters) – Some Americans, worried about greater U.S. scrutiny of Swiss banks, are using bank accounts in Asia to hide their money from tax authorities, a former prosecutor involved in the U.S. government’s crackdown on Swiss bank UBS said on Monday.
Earlier this month in a U.S. court filing, the Department of Justice said HSBC in India helped potentially thousands of Americans dodge taxes, signaling the government may now be taking a closer look at Asia’s role in American tax evasion.
MIAMI (Reuters) – Many investors are overlooking growth opportunities in Africa where some fast-growing economies offer potentially lucrative investments in infrastructure, telecommunications and agriculture, a top World Bank official said on Thursday.
While investment funds have flowed into emerging markets and some frontier markets in recent years, many African countries enjoying growth are struggling to attract the attention of a broad range of investors, said Ngozi Okonjo-Iweala, a managing director at the World Bank.
MIAMI (Reuters) – An American Christian preacher who caused an international uproar last year by threatening to burn the Koran has put himself back in the spotlight after incinerating Islam’s holy book — again with deadly consequences.
Thousands of protesters in northern Afghanistan, enraged over news that the Florida pastor Terry Jones had overseen a torching of the Koran, stormed a United Nations compound on Friday, killing at least seven U.N. staff.
MIAMI (Reuters) – Voters in Miami-Dade, one of the most populous U.S. counties, removed Mayor Carlos Alvarez from office in a special vote on Tuesday triggered by popular anger over a hike in property taxes.
With 707 of 829 precincts reporting, official results showed 88 percent of voters backed the effort to oust the once-popular mayor, who is his second four-year term.
MIAMI (Reuters) – Voters in one of the most populous counties in the United States went to the polls on Tuesday for a recall vote spearheaded by a billionaire anti-tax crusader and aimed at toppling a once-popular Republican mayor.
Preliminary results, based on early and absentee voting, suggested Miami-Dade County Mayor Carlos Alvarez faced an uphill battle, with 88 percent out of 130,000 ballots counted choosing to oust him.
MIAMI (Reuters) – Voters in one of the most populous counties in the United States went to the polls on Tuesday for a recall vote, spearheaded by a billionaire anti-tax crusader, aimed at toppling a once-popular Republican mayor.
A recent poll published in the Miami Herald showed Miami-Dade Mayor Carlos Alvarez heading for almost certain defeat in the vote, which would be the biggest U.S. recall since California voters tossed out former Governor Gray Davis in 2003.
MIAMI (Reuters) – A candidate in Haiti’s decisive presidential run-off said on Thursday she hoped popular former President Jean-Bertrand Aristide would delay his planned return to the country until after the election later this month.
“Personally, as a citizen, I would prefer that he comes back after the elections,” former first lady Mirlande Manigat said in a news conference at Miami’s International Airport.
, March 2 (Reuters) – A federal judge
on Wednesday ordered the release on bond of a Credit Suisse
banker arrested on charges of helping wealthy American clients
hide their money from U.S. tax authorities when he worked for
U.S. prosecutors accuse Christos Bagios, now a senior
banker at Credit Suisse (CSGN.VX: Quote, Profile, Research, Stock Buzz), of assisting U.S. clients to
evade taxes on assets and income while he worked at UBS
(UBSN.VX: Quote, Profile, Research, Stock Buzz)(UBS.N: Quote, Profile, Research, Stock Buzz) from 1999 through 2005, according to a
, March 1 (Reuters) – A former UBS AG
(UBSN.VX: Quote, Profile, Research, Stock Buzz) banker has been charged with conspiracy for helping
wealthy Americans hide assets to evade U.S. income taxes,
according to a criminal complaint unsealed on Tuesday in
federal court in Florida.
Christos Bagios, who now works for Credit Suisse (CSGN.VX: Quote, Profile, Research, Stock Buzz),
was accused of assisting U.S. clients in a bid to conceal their
assets and income from the U.S. government when he worked at
UBS from 1999 through 2005, according to the complaint.