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Money laundering, tax evasion and governance of ports

The Bangladesh Financial Intelligence Unit of Bangladesh Bank estimates around 7.0 per cent of L/Cs (letters of credit) have no bill of entry, meaning that a significant amount of imports remain out of records either by the customs and/or the ports. This unrecorded imports means either imports without due tariffs...

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Australia in 21st century global power scramble

If the 20th century was a history of Down Under Australian exports shifting from wool (one-third of exports until the 1960s) and wheat (over 10 per cent in the 1970s) to minerals and natural gas (from the 1980s continuously), the 21st century might witness how the economic imperative was slowly...

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