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    Why Europe Fears ‘Tax Competition’

    Back in April, after the G20 Summit, we at Heritage warned that the Summit’s attack on tax havens was, at best, an irrelevancy. At worst, it was “the start of a broader campaign to find new sources of money to tax and stigmatize as international wrongdoers states that, as an … More

    The Obama Assault on Sovereignty

    President Obama’s trip to Europe has been revealing. Many people had high hopes that Obama may turn out to be a closet moderate. After all, his position on Afghanistan wasn’t all that bad, some said. Unfortunately, the picture is now clearer; his statements and actions in Europe show just how … More

    What Didn’t Get Done, or Said, at the G-20 Summit

    Unraveling the meaning of the G-20 summit will be the work of months, if not years. Many of the announced measures are vague, and the ones that are less vague are not encouraging. The promise to continue “expansionary policies for as long as needed” is an open-ended invitation to tax, … More

    A Trillion Dollars of Smoke and Mirrors

    News reports indicate that the G-20 pledged an additional $1.1 trillion in financing for the International Monetary Fund, the World Bank and other global institutions so that they can help countries cope with the global economic crisis. The details of the proposal are virtually non-existent, i.e. exactly who will be … More

    Bad News (Mostly) From Britain

    The G-20 summit communiqué has been released. As we predicted, it has something for everyone, though rather more for the Europeans than the Americans, and even less for the Chinese. And there are constructive points in it, though whether they will amount to much remains to be seen. But by … More

    The Circus Comes to Town

    The G-20 summit has finally begun. For the security forces in London, it can hardly end soon enough. Protests on Wednesday resulted in 88 arrests, the trashing of a branch of the Royal Bank of Scotland by activists, and the death by heart attack of a man on his way … More

    Morning Bell: The G20 Threat to Economic Recovery

    The official G-20 talks that President Barack Obama is in London for today do not begin until tomorrow. But outlines of the deal President Obama and other world leaders will agree to have been noticeable for weeks … and it is not good news for the American people. From the beginning, the … More

    A Primer on the Implications of the G-20 Summit

    Yesterday, the Heritage Foundation’s Margaret Thatcher Center for Freedom hosted a panel on “The Implications of the G-20 Summit for the Political Sovereignty and Economic Freedom of the United States.” The panel, which was hosted by Dr. Ted R. Bromund and featured Dr. J.D. Foster (Heritage), Dr. Desmond Lachman (AEI), … More

    Do As They Say, Not As They Want To Do

    German Chancellor Angela Merkel, March 14, 2009: If we want to actually strengthen the effect of such [stimulus] packages you simply have to implement them and not talk about the next one before the first has actually taken effect. Bloomberg, March 26, 2009: Chancellor Angela Merkel is injecting 82 billion … More

    And Now, It’s France’s Turn

    President Obama’s administration just can’t leave well enough alone. First, it couldn’t manage to be respectful to Gordon Brown, the Prime Minister of Great Britain, during his visit. When a State Department official responsible for planning the visit was questioned about this by the Sunday Telegraph, the official’s response was: … More