are being committed to in the asia pacific region as hong kong and shanghai. and the decision to reduce the corporate taxes in the forest to make this easier but again nobody is thinking seriously both to transfer and crush into the not sure. sure country and it's an idea it's a work in progress or you guys actually were not all make a subtle and all sure place. to. do this but we're not. we're not trying to perth various financial services in so holy in. our wall used to make so holy in the. in the three more secret i would give us the. place is clean for investments i wonder what japan will say about that i think then japan will start computer eating. even. islands and. pretty much a point of view not a political point of view. going because of the crew arlen's mean money. and trying to take quite away from russian well here's another graph let's take a look at that this crap actually shows that western european countries generate more offshore wealth than anyone else in the world pretty clear that you want so sure is down and out of existence right i mean i

while travelling in china i went to shanghai i felt i could live there it was the moment the project actually started a russian girl living on the floor below me was going to leave. one day i came to see her and noticed an easel there i was looking for one of the time. so i asked her to sell it to me but she didn't want to do that but it was a friend's gift apparently. that is why i offered to swap for it instead i gave her a painting in exchange for the easel it was my first barter so good when i got the idea to organize it as an art project and. i started to get letters which. one of them was from a couple that was going to get married and wanted that kind of portrayed as a wedding present for themselves. but i had already left odessa so they're asked if i could do it over skype story just because they told me they could give me all i need for my travel in return. so i asked if they could pay for the tickets from a deficit to stumble they agreed and as a result we had a skype portrait session now and waiting on the tickets. if i decided to take annie as a hostage and go together to

you had your own experience with all that didn't you didn't you spend all your money in shanghai more or less. that's why i'm going to spend it now. i'm going to book the most expensive hotels. but the most expensive restaurants. are terrible picture. i just like a joke. i don't think is a great artist. but i don't think it's a con man award it doesn't cheat and if you don't like the painting you just don't give anything it's up to the person. i asked him to buy t. for the painting he seemed to understand but then he went away. well. it's a tough job you have to take a risk just to get some food it's not difficult it's just not the way usually do things so how do you do. together. you have to plan it all in advance a friend so you ask me may the board you ask me to make a port that i made that i ask. for this where is my t.v. . for ports it's. i made it's. a lovely city it's for gifts not for free. sure you get used to people's attention very quickly but the people around me usually helped organize it all but nobody knows me so things are a bit different. i don't know what it means to

i've been convinced of the asia pacific region as hong kong and shanghai. right now and the decision to reduce the corporate taxes in the forest to make this easier but again nobody is thinking seriously both to transfer and crush into the not sure sure sure country when it's an idea it's a work in progress or you guys actually were not all make a subtle and i'm sure place. we will try to. do this but we are not. we are not trying to perth various financial services in so wholly in our east to make society in to. give us the. places convenient for investments i wonder what japan will say about that i think then japan will start cooperating with us even. islands and. from pragmatic point of view not a political point of view. going cause of the crew islands means putting money in. and trying to take quite away from from russia well here's another graph let's take a look at that this crap actually shows that western european countries generate more offshore wealth than anyone else in the world pretty clear that you want so sure is down and out of existence ri

fled up the fees are the images the world has been seeing from the streets of canada after the first shanghai for a shelter the day please. right . first street. and i were being put. on our reporters were very. instrumental. my brother in law. the boiling pot racial emotions run high apostle marco with mass protests and dozens of cities after the killing of a black teenager walks free. convicted to bailed but unbowed russian opposition activist alex saying they've all made awaits his appeal against a five year prison term for stealing one million dollars. egypt's begins reworking its constitution after another week of deadly strife between the packers and the opponents of the deposed islamist president mohamed morsi. and turkey allegedly led to israel use one of its military bases for a recent attack on syria that's according to our chief source but anchor of firmly denies that plane.

of our country if we didn't pass this bill we could find london or frankfurt or years down the road shanghai becoming the financial capital of the world. now that the first guy we saw was mr dodd who put the dog in dodd frank he got that a little bit wrong he got that wrong jack reed would say today that he he regrets those words and mr schumer unfortunately because of this they have made singapore and london the financial capital of the world because with investment banks no no national borders and we talk about competitiveness what is it competitive that goldman sachs for example with its thirty two thousand employees has five thousand in london they are not american foreign exchange students they are london citizens paying the london payroll taxes this competitiveness is a feel good word that actually means exporting american jobs but it could also mean regulatory arbitrage not only between different countries but even in the states that we have them right yes regulatory arbitrage is the same thing as when a teenager wants the car keys and mom won't say yes so they go to dad so if you don