Two decades ago, few had any idea that the U.S. — thanks to both rigged tax structures and anonymous companies in states like Wyoming and Nevada — had already transformed into one of the world’s greatest tax and secrecy havens. While jurisdictions like the Cayman Islands and Switzerland grabbed headlines, the U.S. presented itself as the future of offshoring writ large.
A new report about convicted felon Paul Manafort’s work in Central Asia offers a chance to dive into why former GOP presidential nominee Bob Dole decided to take a position on the board of the most controversial bank in the region, linked to dictators and grand corruption alike. The short answer? Money.
In China’s remote western province of Xinjiang, the Chinese government has begun constructing a series of internment camps larger than anything the world currently knows. Meant to house upwards of a million — and potentially more — of the region’s indigenous Muslim minority, known as Uyghurs, the camps, according to one U.S. commission studying the region, present the “largest mass incarceration of a minority population in the world today.”