BBC Business Headlines

VW cracks down on executive pay after diesel scandal
German car maker returns to profit and posts record sales in 2016 despite emissions testing furore.


BA owner IAG's profits hit by weak pound
The owner of British Airways and Iberia reports higher profits, despite the impact of sterling's weakness.


East Africa to track trucks from Mombasa port to stop theft
Uganda, Kenya and Rwanda adopt a truck-tracking system to prevent theft and speed up goods in transit.


Royal Bank of Scotland losses more than treble to £7bn
The bank, which is 72%-owned by taxpayers, reports its ninth consecutive year of losses.


Trump's Treasury Secretary targets tax reform 'by August'
In his first TV interview Steven Mnuchin promises deregulation and tax cuts to boost growth.



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Paul Krugman

Death and Tax Cuts
What Republicans mean when they talk about freedom. read more...




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The Washing Machine: How Money Laundering and Terrorist Financing Soils Us The Washing Machine: How Money Laundering and Terrorist Financing Soils Us
by Nick Kochan

Money laundering schemes are used to fund terrorists, evade taxes, sell arms, or accumulate obscene amounts of wealth. They divert money from every honest person into the pockets of criminals.