My last article on Barbados’ vote against the US received sufficient feedback to justify a further explanation.  Some felt that it was simply a case of the US bullying another country, and Barbados’ courageous stand against the US’ offensive threats of retaliation against countries who dared not vote with it.  But is this true?
In assessing claims of truth, we should evaluate evidence.  What is the available evidence?  The US decided to move its Israel embassy to Jerusalem.  Israel did not object.  However, the UN objected and tried to force the US to change its decision.  It did this by crafting a non-binding resolution to condemn the US before all nations at the UN General Assembly.

This type of targeted sanction is normally reserved for nations committing highly offensive actions, like genocide.  The US objected to being singled out for this type of sanction, and the US responded by noting those who voted to condemn it, in order to re-evaluate their friendship agreements.  This is not bullying, rather, it is a response to being bullied.

What is Barbados’ bullying experience with voting against US interests in Israel?  I have found no evidence that Barbados has ever been bullied into voting the way that the US votes.  The evidence shows that every year, it is typical that 100% of our votes are against the way that the US and Israel votes, and this has never put our friendship with the US at any risk.  So why are some claiming that the US bullies us when there is no evidence whatsoever to support such a claim?  Perhaps we are being manipulated.

Let us now address this last UN vote.  This vote was unlike anything that we have ever done as an independent nation.  It was not the typical vote that targeted an issue favourable to Israel or the Palestinians, this was a massive vote directly targeting the US for international condemnation.  That is why the US Ambassador issued her unprecedented warning, which persons have mis-defined as bullying.  This is the first and only time since our independence that we have ever put our friendship with the US in such jeopardy.
To put this in perspective, let us assume that China was singled out for severe criticism at the UN on human rights abuses, and China warned Barbados not to disrespect them before all nations.  Would our principled UN representatives vote to publically embarrass China?  Probably not.

Guyana is currently trying to exploit significant oil reserves in waters disputed by Venezuela.  In my opinion, Guyana has a strong case, but let us assume that Guyana was singled out for criticism at the UN for this action, and they asked us not to disrespect them before all nations.  Would we vote to publically embarrass our Caribbean friend and neighbour?  Probably not.  Why not?  Because we are principled hypocrites?  No.  Because that is not how we treat our friends.  But perhaps it is how we treat perceived enemies.

Errol Barrow summarised our foreign policy as friends of all and satellites of none.  It seems that we are being manipulated into adding … and enemies of the US.  The question is why?

Some have justified our vote by claiming that we have no beneficial relationship with the US, and therefore, nothing to lose by derisively criticising the US in front of all other nations.  This is simply not true.  Barbados is a highly favoured trading partner with the US.  Barbados does not just have a good trading (double-taxation) agreement with the US, or a very good trade agreement like that of Trinidad and Tobago who had an active US military base at the time. We have a rare exceptionally favourable (to Barbados) trading agreement with the US. It is almost unheard of internationally and it is the envy or every country that learns of it.

Being the 2014 winner of the National Innovation Competition, I train groups of individuals, free of cost, to start and grow profitable businesses.  Participants learn to trade with the US and take advantage of this highly beneficial (to Barbados) trade agreement, with direct access to the largest consumer market on the planet.  So I know of what I write.

We are currently on the brink of economic ruin.  The main thing that may keep Barbadians from losing their mortgaged homes, and out of dire poverty if we are surrendered to the IMF, is that favourable trade agreement.  Regrettably, we carelessly treated our friendship with the US with reckless indifference.

Our representatives’ excuse that we were just voting on principle in support of International Law, seems to confirm that they simply misread the UN vote as just another typical vote against Israel’s interests.  The US Ambassador’s uncharacteristic warnings should have prompted them to take a closer look.

So, if we could do it all over again, then how should we have voted?  In my opinion, the most appropriate course of action for complex disputes where we do not have all of the facts, is to abstain from voting.  We should remember that when a vote was taken to give the Palestinians non-member observer state status in the UN in 2012, Barbados did not get involved in the dispute and simply abstained from voting.

The approximately 70-year Arab-Israel dispute qualifies as complex.  Adding a bilateral agreement between the US and Israel that is of concern to the UN further complicates an already complex issue.  Therefore, the most appropriate course of action in the interest of all Barbadians was to abstain from voting.  Eight of our Caribbean neighbours voted in the interests of their citizens and did just that.

Most Barbadians are completely unaware of the grave danger that our UN representatives have now placed us.  If we actually misread the vote as I am charitably assuming, then the damage can be repaired.  However, if it was intentional, then they should have at least warned us to brace for the likely consequences.

So my main point is that if we feel disrespected by another country at the UN, we should vote for the best interest of Barbadians.  If we feel bullied, we should vote for the best interest of Barbadians.  If the US bullies or does not bully another nation, we should vote for the best interest of Barbadians.  If the Palestinians want to establish a runway in Gaza and a central bank in the West Bank, we should vote for the best interests of Barbadians.  In my opinion, our recent vote was not in the best interest of Barbadians.  I am willing to be convinced otherwise with additional evidence.

The only reason why we should not vote for our own self-interests is if there is genocide and the like in another country.  Otherwise, we should do what every other country at the UN does – vote for the self-interests of our citizens, and be wary of being manipulated into voting for the interests of others at the expense of our citizens.

Grenville Phillips II is a Chartered Structural Engineer, an analyst of history, and the founder of Solutions Barbados.  He can be reached at NextParty246@gmail.com

162 responses to “The Grenville Phillips Column – Brace for the Consequences”

  1. Well Well & Cut N' Paste At Your Service Avatar
    Well Well & Cut N’ Paste At Your Service

    Now Grenville is just being disingenuous or displaying all the lack of intelligence of the uninformed black man….or both,…what utter nonsense….there is genocide or are you too blind to see, there has been genocide since 1948 when the land was stolen from palestinians and given to a bunch of fake jews the UK wanted to rid the country of.., they did not want them in UK..

    Because the UN has not yet labeled the occupation of Palestine genocide, does not mean it will not do so in the future, there are claims of war crimes against isnotrael…because of all these decades of murders.

    Again, supporting and sucking up to the US in the murders of Palestinians will get you nowhere….you may be next….then who will you want on your side then.

    Netanyahu the criminal has been chomping at the bit to get into the Caribbean, let him in and see what happens to you ignorant, backward lot.

  2. Well Well & Cut N' Paste At Your Service Avatar
    Well Well & Cut N’ Paste At Your Service

    Knowledge is power:

    “Fifty years ago this week, the state of Israel shocked the world when it seized the remaining Palestinian territories of the West Bank, East Jerusalem, Gaza Strip, as well as the Syrian Golan Heights, and the Egyptian Sinai Peninsula, in a matter of six days.

    In a war with Egypt, Jordan and Syria, known as the 1967 War, or the June War, Israel delivered what came to be known as the “Naksa”, meaning setback or defeat, to the armies of the neighbouring Arab countries, and to the Palestinians who lost all what remained of their homeland.

    The Naksa was a continuation of a prior central event that paved the way for the 1967 war. Nineteen years earlier, in 1948, the state of Israel came into being in a violent process that entailed the ethnic cleansing of Palestine.”



  3. Miko Peled, Son of a war hero Israeli general speak out.

    https://youtu.be/CpXsp15zN8o

  4. Well Well & Cut N' Paste At Your Service Avatar
    Well Well & Cut N’ Paste At Your Service

    Allow any of these criminally racist, fake jews from israel into Barbados or anywhere in the Caribbean and see what will happen to your grandchildren for generations into the future.

    “WORLD
    ISRAEL
    AFRICA
    ANTI-IMMIGRATION
    Israel will begin issuing notices to thousands of African migrants, warning them they must leave the country by April or face jail time, the Ministry of Interior announced Tuesday.

    Migrants will be given around $3,500 to leave Israel and can choose to go to their home countries or to a third country, Israeli officials said. The government will also close the Holot detention center, where more than 1,000 Eritrean and Sudanese refugees are held awaiting deportation.

    Most of the migrants the new order applies to say they are asylum seekers. But Israel’s government calls the migrants “infiltrators” because they did not cross into the country through a legal border crossing, and argues that they are mostly economic migrants.

    There are currently around 38,000 African migrants living in Israel, and the government argues that expelling them is necessary to maintain the Jewish character of the state. Demographics has been a hot-button issue in Israel since its founding, and some politicians warn that a large number of Arabs living in Israel poses an existential threat to the country.

    Consequently, Israel’s policies toward non-Jewish migrants from Africa stand in stark contrast to the immigration rules for foreign Jews, who are encouraged to make Aliyah, the term used for the immigration of Jews to Israel.

    Due to Aliyah, at least 135,000 Ethiopian Jews were living in Israel by the end of 2013. Nevertheless, many Ethiopian Israelis complain of institutionalized racism, police brutality and discrimination.”


  5. Grenville

    We are now more convinced than ever that you are the fucking idiot we always suspected

    It is indeed impossible for the son of a ‘corporate undertaker’ to be anything more.

    Have you ever gone to Palestine? Do you know that the Palestinians have been genocided for 70 years and continuing?

    Do you know the difference between ‘Jerusalem’ and al-Quds?

    Now that you have laid out this arch conservative, rabidly radical, Zionist-Christian position your divine punishment shall be political oblivion.

    What a raaaaasoul asshole!


  6. Barbados had no other choice than to vote against USA. The Chinese gave us large credits and the DLP is in bed with the Arabs.

    Independence is a social construction to secure the wealth of the black plantocracy class and their white donors.

  7. millertheanunnaki Avatar
    millertheanunnaki

    @ NextParty246:
    “We have a rare exceptionally favourable (to Barbados) trading agreement with the US. It is almost unheard of internationally and it is the envy or every country that learns of it.
    Being the 2014 winner of the National Innovation Competition, I train groups of individuals, free of cost, to start and grow profitable businesses. Participants learn to trade with the US and take advantage of this highly beneficial (to Barbados) trade agreement, with direct access to the largest consumer market on the planet. So I know of what I write.”

    We too write but out of ignorance to ask you to tell us more about “this highly beneficial (to Barbados) trade agreement”.

    What is it that we export to the USA that makes Barbados a net beneficiary of trade between the two countries?

    Are you referring to sugar, rum, ground provisions or people like Rihanna?

    If you referring to invisible exports like tourism and financial services you better look towards the UK and Canada rather than the USA whose regulators like the IRS would have locked up many of those operators in the offshore financial services sector.


  8. John January 5, 2018 at 8:02 AM #

    When did Golden Apples arrive in Barbados and why have we failed to capitalise on them. I once played cricket against a Grenadian national team, a friendly game, and we got Golden Apple juice at lunchtime. It was delicious.
    By the way, the prime minister got me out with his spin. I tried hitting him out of the ground for the delight of the television cameras and gave him an easy return.

  9. Well Well & Cut N' Paste At Your Service Avatar
    Well Well & Cut N’ Paste At Your Service

    Being in bed with any of these players is a minefield….the arabs are evil enslavers who cannot be controlled…

    ..the Chinese hate exposure, they believe in saving face, so they may very well be the lesser of the 3 evils….

    …….if the black men and women in parliament were not such weak willed, corrupt fools who only aspire to drive mercedes and land rovers, own big mansions and have huge bank accounts at their own people’s expense while pritecting minority criminals….they could very effectively traverse such minefields.

    Dont expect any funding or aid from the orange shitstain anyway, he lies, Barbados made the right decision.


  10. Excellent report by Mr Grenville Phillips Jr.I suspect that the hidden Agenda by our UN Rep was against Trump the person rather than the President of the USA. If the vote was against Barbados for moving their Embassy from NY to Millionaires row next door to Obama’s Mansions the shoe would be on The other foot.

    Sent from my iPad

    >

  11. Well Well & Cut N' Paste At Your Service Avatar
    Well Well & Cut N’ Paste At Your Service

    BTW …the fake jews of isnotrael are only interested in world domination. ..only the very ignorant of black people are unable to see it.

    Ya should ask Grenville since this very rare trade agreement exists with US…why are there still not enough medium and large size black businesses on the island and why is the island still unable to pay its bills and debts….why despite the of the offshore sector and tourism, the island is still in financial woes….with shit running in the streets.


  12. Excellent article, spot on on all counts. If any sentient being were in any doubt, the very fact that it has aroused the resident racist psychopath Well Well What A Sad Pustulent Boil of Hatred I Am from its bog proves it.
    I wonder why this blog puts up with whingeing, ranting, uneducated racemongering from a slimeball like WWW A Sad Rasshole I Is..

  13. Well Well & Cut N' Paste At Your Service Avatar
    Well Well & Cut N’ Paste At Your Service

    I believe these are very pertinent questions to ask anyone now aspiring to become prime minister…

    Ya should ask Grenville since this very rare trade agreement exists with US…why are there still not enough medium and large size black businesses on the island?

    and why is the island still unable to pay its bills and debts?

    and….why despite the EXISTENCE of the offshore sector and tourism, the island is still in financial woes….with shit running in the streets?

  14. Well Well & Cut N' Paste At Your Service Avatar
    Well Well & Cut N’ Paste At Your Service

    45fraudster….did I hit a nerve?

    Ya know Grenville will not become prime minister this time around right, but he does serve a very useful purpose at this time.

    Maybe next time.


  15. WWW What A Racist Moron I Is asks …”why is the island still unable to pay its bills and debts?”
    Because it has a black government filled with cretins like WW What A Wanker I Is…


  16. @John Simpson

    Is it not correct that Barbados vote was consistent with its position I.e. a two state solution?


  17. 45govt January 5, 2018 at 8:48 AM #

    Brilliant.

  18. millertheanunnaki Avatar
    millertheanunnaki

    @ Well Well & Cut N’ Paste At Your Service January 5, 2018 at 8:19 AM

    Maybe that is ‘their’ version of the Final Solution to the black African economic migrant problem.

    No need for Kristallnacht, concentration camps and gas chambers. Just a few dollars more will do the trick for those blacks who would not stop worshipping other people’s gods other than the One which gave them their black skin.

    Israel should be the last place on God’s blue planet to deport people.


  19. @Hal Austin – thanks Hal – love your contributions!

  20. millertheanunnaki Avatar
    millertheanunnaki

    @ Pachamama January 5, 2018 at 8:21 AM

    “It is indeed impossible for the son of a ‘corporate undertaker’ to be anything more.”

    Wow!
    From the Top drawer of the cabinet storing the tools and techniques in the use of language at its ’very’ best.

    What a euphemism for a corporate vulture! Aren’t we witnessing a similar feeding frenzy with the CLICO cadaver?

  21. Well Well & Cut N' Paste At Your Service Avatar
    Well Well & Cut N’ Paste At Your Service

    Miller…you know some extremely evil and deadly ulterior motives are involved, these criminal demons never changed, they will never change…it’s only black people dumb enough to think they are good and changed their wicked behaviors from the 1400s.

    Why do you think the criminal, fake, racist jews are desperate to get into Africa and the Caribbean, they know from history how stupid black leaders are and always will be in their present brainwashed form…just listen to the shit Grenville spews and ya can see any white person can easily manipulate him.

    No 45fraudster…..ya should have known when an idiot fraud like Hal Austin agrees with you that you are dead wrong….

    The real reason Caribbean, Latin America and all vulnerable economies are unable to pay their bills and debts is….this…refined, modern day thievery from former colonist, ensalver but still racist and thieving developed countries.

    The black “cretins” calling themselves ministers and leaders and their corruption and enabling criminal behavior in minorities comes a very distant and trifling second, but still as potent and destructive as the first…

    Of course both you and Ha, Ha Austin are too stupid to know the difference:

    Educate thineself about how Caribbean and other countries are still being robbed, particularly majority Black countries and islands, Pacha and a few others on here will be familiar with the cons and thefts, but most aren’t. .

    “Aid in reverse: how poor countries develop rich countries
    Jason Hickel

    New research shows that developing countries send trillions of dollars more to the west than the other way around. Why?

    Contact author
    Sat 14 Jan ‘17 10.00 GMT Last modified on Fri 6 Oct ‘17 13.13 BST
    View more sharing options
    Shares
    103,698
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    We have long been told a compelling story about the relationship between rich countries and poor countries. The story holds that the rich nations of the OECD give generously of their wealth to the poorer nations of the global south, to help them eradicate poverty and push them up the development ladder. Yes, during colonialism western powers may have enriched themselves by extracting resources and slave labour from their colonies – but that’s all in the past. These days, they give more than $125bn (£102bn) in aid each year – solid evidence of their benevolent goodwill.

    This story is so widely propagated by the aid industry and the governments of the rich world that we have come to take it for granted. But it may not be as simple as it appears.

    The US-based Global Financial Integrity (GFI) and the Centre for Applied Research at the Norwegian School of Economics recently published some fascinating data. They tallied up all of the financial resources that get transferred between rich countries and poor countries each year: not just aid, foreign investment and trade flows (as previous studies have done) but also non-financial transfers such as debt cancellation, unrequited transfers like workers’ remittances, and unrecorded capital flight (more of this later). As far as I am aware, it is the most comprehensive assessment of resource transfers ever undertaken.

    The flow of money from rich countries to poor countries pales in comparison to the flow that runs in the other direction

    What they discovered is that the flow of money from rich countries to poor countries pales in comparison to the flow that runs in the other direction.

    In 2012, the last year of recorded data, developing countries received a total of $1.3tn, including all aid, investment, and income from abroad. But that same year some $3.3tn flowed out of them. In other words, developing countries sent $2tn more to the rest of the world than they received. If we look at all years since 1980, these net outflows add up to an eye-popping total of $16.3tn – that’s how much money has been drained out of the global south over the past few decades. To get a sense for the scale of this, $16.3tn is roughly the GDP of the United States

    What this means is that the usual development narrative has it backwards. Aid is effectively flowing in reverse. Rich countries aren’t developing poor countries; poor countries are developing rich ones.

    It’s not aid in reverse, illicit financial flows are more complicated than that
    Read more
    What do these large outflows consist of? Well, some of it is payments on debt. Developing countries have forked out over $4.2tn in interest payments alone since 1980 – a direct cash transfer to big banks in New York and London, on a scale that dwarfs the aid that they received during the same period. Another big contributor is the income that foreigners make on their investments in developing countries and then repatriate back home. Think of all the profits that BP extracts from Nigeria’s oil reserves, for example, or that Anglo-American pulls out of South Africa’s gold mines.

    But by far the biggest chunk of outflows has to do with unrecorded – and usually illicit – capital flight. GFI calculates that developing countries have lost a total of $13.4tn through unrecorded capital flight since 1980.

    Most of these unrecorded outflows take place through the international trade system. Basically, corporations – foreign and domestic alike – report false prices on their trade invoices in order to spirit money out of developing countries directly into tax havens and secrecy jurisdictions, a practice known as “trade misinvoicing”. Usually the goal is to evade taxes, but sometimes this practice is used to launder money or circumvent capital controls. In 2012, developing countries lost $700bn through trade misinvoicing, which outstripped aid receipts that year by a factor of five.

    Forget ‘developing’ poor countries, it’s time to ‘de-develop’ rich countries
    Read more
    Multinational companies also steal money from developing countries through “same-invoice faking”, shifting profits illegally between their own subsidiaries by mutually faking trade invoice prices on both sides. For example, a subsidiary in Nigeria might dodge local taxes by shifting money to a related subsidiary in the British Virgin Islands, where the tax rate is effectively zero and where stolen funds can’t be traced.

    Advertisement

    GFI doesn’t include same-invoice faking in its headline figures because it is very difficult to detect, but they estimate that it amounts to another $700bn per year. And these figures only cover theft through trade in goods. If we add theft through trade in services to the mix, it brings total net resource outflows to about $3tn per year.

    That’s 24 times more than the aid budget. In other words, for every $1 of aid that developing countries receive, they lose $24 in net outflows. These outflows strip developing countries of an important source of revenue and finance for development. The GFI report finds that increasingly large net outflows have caused economic growth rates in developing countries to decline, and are directly responsible for falling living standards.

    Who is to blame for this disaster? Since illegal capital flight is such a big chunk of the problem, that’s a good place to start. Companies that lie on their trade invoices are clearly at fault; but why is it so easy for them to get away with it? In the past, customs officials could hold up transactions that looked dodgy, making it nearly impossible for anyone to cheat. But the World Trade Organisation claimed that this made trade inefficient, and since 1994 customs officials have been required to accept invoiced prices at face value except in very suspicious circumstances, making it difficult for them to seize illicit outflows.

    Aid. Photograph: Carl Court/Getty Images
    Still, illegal capital flight wouldn’t be possible without the tax havens. And when it comes to tax havens, the culprits are not hard to identify: there are more than 60 in the world, and the vast majority of them are controlled by a handful of western countries. There are European tax havens such as Luxembourg and Belgium, and US tax havens like Delaware and Manhattan. But by far the biggest network of tax havens is centered around the City of London, which controls secrecy jurisdictions throughout the British Crown Dependencies and Overseas Territories.

    Advertisement

    In other words, some of the very countries that so love to tout their foreign aid contributions are the ones enabling mass theft from developing countries.

    The aid narrative begins to seem a bit naïve when we take these reverse flows into account. It becomes clear that aid does little but mask the maldistribution of resources around the world. It makes the takers seem like givers, granting them a kind of moral high ground while preventing those of us who care about global poverty from understanding how the system really works.

    Poor countries don’t need charity. They need justice. And justice is not difficult to deliver. We could write off the excess debts of poor countries, freeing them up to spend their money on development instead of interest payments on old loans; we could close down the secrecy jurisdictions, and slap penalties on bankers and accountants who facilitate illicit outflows; and we could impose a global minimum tax on corporate income to eliminate the incentive for corporations to secretly shift their money around the world.

    We know how to fix the problem. But doing so would run up against the interests of powerful banks and corporations that extract significant material benefit from the existing system. The question is, do we have the courage?

    Join our community of development professionals and humanitarians. Follow @GuardianGDP on Twitter.”

  22. Well Well & Cut N' Paste At Your Service Avatar
    Well Well & Cut N’ Paste At Your Service

    “It is indeed impossible for the son of a ‘corporate undertaker’ to be anything more.”

    Of the worst kind.

  23. Well Well & Cut N' Paste At Your Service Avatar
    Well Well & Cut N’ Paste At Your Service

    The jackasses on BU tend to stand out, they cannot help themselves, what a miserable existence. ..lol…

  24. millertheanunnaki Avatar
    millertheanunnaki

    @ 45govt January 5, 2018 at 9:39 AM

    Hal is a confessed Socialist. A person anathema to everything you stand for.

    He is also true-blooded born and bred Bajan cast in the same ‘mould’ from the earth of the country which you aptly described as follows:

    “…..Because it has a black government filled with cretins like WW What A Wanker I Is…”

  25. Well Well & Cut N' Paste At Your Service Avatar
    Well Well & Cut N’ Paste At Your Service

    France is still stealing, in broad daylight, from at least 11 countries in Africa, the black leaders have been blind and brainwashed, corrupt and stupid for so many centuries, they are only now realizing this and trying to put an end to french thievery.

    Black leaders have a centuries old history that everyone is well aware of except them, of being inherently stupid like the nobody Ha, Ha, Austin.


  26. The US decided to move its Israel embassy to Jerusalem. Israel did not object.
    +++++++++++++
    And this man is aspiring to be the next PM of Barbados…… may saner heads prevail. Why would Israel object? It has only been campaigning for countries to move their embassies to Jerusalem for decades, it is one of the reasons that Netanyahu bypassed all protocol and accepted an invitation to address the US Congress without a “hi do you do” to the former US President.

    Perhaps Phillips is a great engineer but spare us the jejune analysis when it comes to global politics.

  27. Well Well & Cut N' Paste At Your Service Avatar
    Well Well & Cut N’ Paste At Your Service

    Still demons, still thieves 400 yearsafter being world enslavers of blacks and others, the only difference is the fake jews are desperately fighting to dominate the whole criminal enterprise..

    ,……of course Ha, Ha the fraud and house negro would readily endorse this level of criminality because the joker would believe it all benefits him….and so would the skidmark 45fraudster….but yall descendants will pay a very heavy price in this going down.

    “But by far the biggest chunk of outflows has to do with unrecorded – and usually illicit – capital flight. GFI calculates that developing countries have lost a total of $13.4tn through unrecorded capital flight since 1980.

    Most of these unrecorded outflows take place through the international trade system. Basically, corporations – foreign and domestic alike – report false prices on their trade invoices in order to spirit money out of developing countries directly into tax havens and secrecy jurisdictions, a practice known as “trade misinvoicing”. Usually the goal is to evade taxes, but sometimes this practice is used to launder money or circumvent capital controls. In 2012, developing countries lost $700bn through trade misinvoicing, which outstripped aid receipts that year by a factor of five.

    Forget ‘developing’ poor countries, it’s time to ‘de-develop’ rich countries
    Read more
    Multinational companies also steal money from developing countries through “same-invoice faking”, shifting profits illegally between their own subsidiaries by mutually faking trade invoice prices on both sides. For example, a subsidiary in Nigeria might dodge local taxes by shifting money to a related subsidiary in the British Virgin Islands, where the tax rate is effectively zero and where stolen funds can’t be traced.

    Advertisement

    GFI doesn’t include same-invoice faking in its headline figures because it is very difficult to detect, but they estimate that it amounts to another $700bn per year. And these figures only cover theft through trade in goods. If we add theft through trade in services to the mix, it brings total net resource outflows to about $3tn per year.

    That’s 24 times more than the aid budget. In other words, for every $1 of aid that developing countries receive, they lose $24 in net outflows. These outflows strip developing countries of an important source of revenue and finance for development. The GFI report finds that increasingly large net outflows have caused economic growth rates in developing countries to decline, and are directly responsible for falling living standards.

    Who is to blame for this disaster? Since illegal capital flight is such a big chunk of the problem, that’s a good place to start. Companies that lie on their trade invoices are clearly at fault; but why is it so easy for them to get away with it? In the past, customs officials could hold up transactions that looked dodgy, making it nearly impossible for anyone to cheat. But the World Trade Organisation claimed that this made trade inefficient, and since 1994 customs officials have been required to accept invoiced prices at face value except in very suspicious circumstances, making it difficult for them to seize illicit outflows.

    Aid. Photograph: Carl Court/Getty Images
    Still, illegal capital flight wouldn’t be possible without the tax havens. And when it comes to tax havens, the culprits are not hard to identify: there are more than 60 in the world, and the vast majority of them are controlled by a handful of western countries. There are European tax havens such as Luxembourg and Belgium, and US tax havens like Delaware and Manhattan. But by far the biggest network of tax havens is centered around the City of London, which controls secrecy jurisdictions throughout the British Crown Dependencies and Overseas Territories.”


  28. millertheanunnaki January 5, 2018 at 9:52 AM #

    Hal is a confessed Socialist. ……..

    Evidence, plse. Or is this another fabrication?

  29. Well Well & Cut N' Paste At Your Service Avatar
    Well Well & Cut N’ Paste At Your Service

    Grenville is serving a very useful purpose right now, am sure those who are pulling his invisible strings are saying the same thing….but he does not have the critical thinking skills or the vision of practiced demons centuries in the making to be anything other but a failed black leader, kowtowing and kissing up to those who look out for their own best interests while robbing the island.

    Grenville would be impotent to stop them…he would be totally useless to the majority population when going up against practiced, centuries old, embedded brutality..


  30. “In assessing claims of truth, we should evaluate evidence. What is the available evidence? The US decided to move its Israel embassy to Jerusalem. Israel did not object. However, the UN objected and tried to force the US to change its decision. It did this by crafting a non-binding resolution to condemn the US before all nations at the UN General Assembly.”
    +++++++++++++++++++++++++

    It seems as though Grenville Phillips II does not know how to “evaluate evidence” to assess claims of truth. The above comment in not true and is perhaps based on Phillips II’s misguided interpretation of the facts.

    According to several reports on the issue from various news agencies, the United Nations General Assembly voted by a huge majority to REJECT Donald Trump’s UNILATERAL RECOGNITION of Jerusalem as the OFFICIAL CAPITAL of Israel…….. and NOT on the USA’s decision to move its embassy to Jerusalem.

    Trump’s decision CONTRAVENED a Security Council resolution, which demanded all countries to comply with pre-existing UN Security Council resolutions on Jerusalem, dating back to 1967, including requirements that the city’s final status be decided in direct negotiations between Israel and the Palestinians.


  31. According to several reports on the issue from various news agencies, the United Nations General Assembly voted by a huge majority to REJECT Donald Trump’s UNILATERAL RECOGNITION of Jerusalem as the OFFICIAL CAPITAL of Israel…….. and NOT on the USA’s decision to move its embassy to Jerusalem.

    Trump’s decision CONTRAVENED a Security Council resolution, which demanded all countries to comply with pre-existing UN Security Council resolutions on Jerusalem, dating back to 1967, including requirements that the city’s final status be decided in direct negotiations between Israel and the Palestinians.

    ++++++++++++++++++++++++++++++++++++++

    Will resolutions at the UN follow against countries who also decide to move their embassies?


  32. HOSEA 3:4-5 For the children of Israel shall abide many days without a king, and without a prince, and without a sacrifice, and without an image, and without an ephod, and without teraphim:

    5 Afterward shall the children of Israel return, and seek the LORD their God, and David their king; and shall fear the LORD and his goodness in the latter days.

  33. Well Well & Cut N' Paste At Your Service Avatar
    Well Well & Cut N’ Paste At Your Service

    Grenville is twisting the truth to make the UN out to be the criminal and bully…and not israel and US who are breaking international laws..that is a huge red flag for the Barbados electorate. ..

    ……..he is already showing himself to be an extremely weak leade wannabe, just ripe for the white manipulation…

    He is not prime minister material.


  34. “It was not the typical vote that targeted an issue favourable to Israel or the Palestinians, this was a massive vote directly targeting the US for international condemnation. That is why the US Ambassador issued her unprecedented warning, which persons have mis-defined as bullying.”
    ++++++++++++++++++++++++

    Firstly, Phillips II is INCORRECT re: “It was not the typical vote that targeted an issue favourable to Israel or the Palestinians….”

    Whether or not we believe Jerusalem is the capital of Israel is besides the point…… that fact is Jerusalem is claimed as a capital by both Israel and Palestine. The UN resolution clearly states that the status of Jerusalem can only be SETTLED as an AGREED final issue (between Israel and Palestine) in a peace deal.

    Any vote against the UN resolution on the longstanding international consensus on the status of Jerusalem and supporting Trump’s declaration for all countries to recognize Jerusalem as the official capital of Israel, clearly “targets an issue favourable to Israel” and NOT Palestine.

    Secondly, how has the vote “targeted the US for INTERNATIONAL CONDEMNATION,” when countries exercised their sovereign right to COMPLY with the pre-existing UN Security Council resolution on Jerusalem, rather than voting in favour of Trump’s December 6, 2017 declaration on Jerusalem?

    Thirdly, in an effort to COERCE countries to support the USA’s December 6 declaration, US ambassador to the UN, Nikki Haley, is reported to have said Washington would remember which countries “disrespected” America by voting against it. In a letter to the members of the UN, Haley wrote: “As you consider your vote, I encourage you to know the president and the US take this vote personally.”

    Despite the THREAT, 128 members voted in favour of the resolution supporting the longstanding international consensus that the status of Jerusalem, which is claimed as a capital by both Israel and the Palestinians – can only be settled as an agreed final issue in a peace deal.

    “In a letter to UN ambassadors, Haley told countries – including European delegations – that she will report back to the US president with the names of those who support a draft resolution rejecting the US move at the UN general assembly, adding that Trump took the issue personally.”

    Donald Trump subsequently THREATENED to WITHHOLD “billions” of dollars of US aid from countries which vote in favour of a United Nations resolution and rejecting the USA’s December 6, 2017 declaration on Jerusalem.

    And Grenville Phillips II does not interpret this as “bullying” countries to vote AGAINST the pre-existing UN resolution and vote in FAVOUR of Trump’s declaration?


  35. “Will resolutions at the UN follow against countries who also decide to move their embassies?”

    Don’t be an idiot……. where does it state that the vote was against the US moving its embassy?


  36. Grenville and his ilk should read “Sleeping on a Wire: Conversations with Palestinians in Israel” by David Grossman instead of talking rubbish. I keep telling wunna the man should stick to civil engineering–no depth!


  37. It seems as though comprehension is not a strong point with many in this forum.


  38. Not one damn seat for Solutions in spite of the devil quoting scripture.All a bunch of stupid azoles.Pacha,Miller,Enuff,WW&C,Artax properly separating the sheep from the goats.


  39. Grenville Phillips is a neoliberal on steroids. His central position has always been the satisfaction of his business friends.

    As such he’s never had a problem with bowing down to empire. America can do no wrong for his ilk.

    He has never read the works of any prominent Palestinian thinkers like the late Edward Said. He has never read the poetry of the brilliant Palestinian, Mahmoud Darwish.

    He has no idea about the geo-political-strategic issues confronted. But is willing to impose his ignorance on a very sensitive global situation.

    Opposition to a government out of fundamental ignorance, he is a comprehensive fool.

    Such an idiots would not be aware of Jews who are against the setting up of a Jewish state in the first place, let alone deprive others of their homeland, The Neturie Karta.

    To such a miscreant it matters not that the whole world is saying that the madman Trump could unwittingly trigger WW3 by his irrational, illegal actions.

    In his popularity contest he will side with injustice, with the global tyrants, against a government which has made nearly all the misstates but on the UN did the right, legal thing.

    For a titularly Black man, a coconut, in 2018 to contend that a state, ‘worse than Apartheid’, should be supported speaks volumes.

    Certainly, and despite the urgings of ‘archmaester’ Bushie, such a man, either in the USA or Barbados, should be kept as far as possible from any government.

    +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

    In anticipation of the ‘coming’ of the religious zealot Georgie Porgie

    Another man on whom public education has been wasted.

    This Georgie Porgie is the proof certain that public moneys are wasted on idiots. Why ‘educate’ these people if magical thinking will become the preordained master narrative? For it is a waste of time and resources on all sides.

    We suggest that he pays back to the Bajans all that which has been wasted on him. Maybe his mystery god will so provide.

    Like Phillips, we have here another slave boy knowing too little about too much but dares to air uninformed, unscientific, spittle as directed by people like Benny Hin, Falwell and other criminals selling lies to the weak minded.

    For his it would not matter that Richard Wolfe, in his recent book, is saying that 100% of the people in Trump’s white house thinks that he, Trump, is a raaassoul idiot.

    Maybe bird of an idiot feather do flock together.

    +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

  40. millertheanunnaki Avatar
    millertheanunnaki

    @ Hal Austin January 5, 2018 at 10:18 AM
    “Hal is a confessed Socialist. ……..
    Evidence, plse. Or is this another fabrication?”

    Call it a charge. Now how do you plead?

    Here is another charge against you:
    Do you agree with 45govt (et al of his ilk) that Israel has every Biblical right to the Palestinians’ land and that Jerusalem should become the capital without the agreement of the Palestinians?

    The question is not about the USA’s right to move its embassy to Jerusalem.


  41. lol
    it is so easy to evoke the VEHEMENT VILE VITRIOLIC VIBES FROM THE BU BRIMBLERS, ONCE YOU DONT AGREE WITH THEM AND ARE STRONG ENOUGH TO EXPRESS YOUR PERSONAL VIEWS.

    I AM HAPPY WITH MY VIEWS AND HERE SITTING QUIETLY WATCHING SOME TEST CRICKET.

    WHILE YOU GUYS BARK AND BRAY, AND MOCK AND SCOFF……NONE OF YOU CAN CHANGE ANYTHING THAT IS HAPPENING OR INFLUENCE THAT WHICH WILL HAPPEN ah lie?

  42. William Skinner Avatar

    @ Grenville
    Such a position can only be described as a monumental error and serious misunderstanding of international affairs. It certainly is not in concord with progressive thinking. He would be well advised to rethink his position.


  43. Wunna feel Grenville is even familiar with UNSCOP and the 1947 UN vote, with its bullying? #30deposits4detreasury


  44. Georgie Porgie

    Is a liar and is wrong again, as usual.

    The same zealots were saying that Bush was to trigger the end of times, the war of Armageddon.

    Where is he now. The collective will of ‘humans’, sensible people put paid to that.

    Trump too, unlike the christian fuckeries emitting from the hole in your face, will be soon forgotten, as though he never existed

    Now that is real prophetic, from the real God, Pachamama!


  45. yes miller
    Israel has every Biblical right to the Palestinians’ land and Jerusalem should become the capital without the agreement of the Palestinians.

    However, under the AntiChrist a short lived treaty will be made and there will be a two state situation as clearly alluded to in Revelation.

    When the treaty is broken after 2.5 years……ALL HELL WILL BROKE LOOSE AT THE BATTLE OF ARMAGEDDON. GUESS WHO FIGHTS AND WINS THIS BATTLE?

    YOU GUYS CAN RANT AND RAVE……. BUT YOU CANT CHANGE ANYTHING THAT IS PREDICTED IN THE WORD OF GOD. ah lie?

    ALL YOU CAN DO IN YOUR HATE IS TO RANT AND RAVE, MOCK AND SCOFF, BARK AND BRAY AND EFFLUX YOUR VEHEMENT VILE VITRIOLIC VIBES

    LOL YOU GUYS ARE VERY VERY FUNNY


  46. millertheanunnaki January 5, 2018 at 11:25 AM #

    Call it a charge. Now how do you plead?

    I think you are a semi-literate buffoon. Plse treat this as a charge. How do you plead?

  47. millertheanunnaki Avatar
    millertheanunnaki

    @ Hal Austin January 5, 2018 at 11:49 AM

    Half-guilty! What about you?



  48. Do you agree with 45govt (et al of his ilk) that Israel has every Biblical right to the Palestinians’ land and that Jerusalem should become the capital without the agreement of the Palestinians?
    +++++++++++++++++++++++++++

    Jerusalem is the capital of Israel, that is reality!!

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