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...out of their money. A typical scheme involves a boiler room approaching a company and offering to raise capital by selling the company’s shares to investors. These shares are then sold to private investors at anything up to 100% above the price agreed with the company. Once the shares are sold the boiler room takes a fee from the company for organising the share sale...

...out that it is the poor who most suffer from its effects. Further, these avoidances take precious resources from projects and services vital to a country’s welfare and development. These conditions can threaten other countries because of problems of economic migration and political instability. For this reason, it is far from a national problem. Consequently, there is a...

...out that an expanded role for it was also touted with the introduction of the single currency. Yet, it remains a distinctly second-fiddle financial center. Can Brexit change matters? Frankfurt is a natural choice for many banks. The German city is home to the European Central Bank, the Bundesbank, as well as the European Insurance authority. The German Federal Financial...