- BULGARIA / RUSSIA : Moscow Hits Sofia With $1.3 Billion Claim For Failed Nuke.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- UKRAINE : 27 April UPDATE: Barbie Doll Looking Model...Defends Appearance.
- COLOMBIA : Top Pop Singer Shakira...Sued By Ex-Novio...For $100 Million.
- MEXICO / USA : Wanted Narco Billionaire's 'Daughter' Arrested In San Diego.
- RUSSIA / CHECHNYA/ FRANCE : Actor Depardieu Parties With Dictator Kadyrov.
- USA / SOCIAL MEDIA / GUN CULTURE: Santa Leaves Heat As Xmas Treats.
- MEXICO : Gulfo Narco Boss 'El Coss' Caught In Tampico; Arrested Pozos Gonzalez Proud Of Golden AK-47.
- MEXICO / USA: Despite Violence, Border Factories Bloom.
- MEXICO/ USA : 11 Oct. UPDATE: Navy Admits Killing Top Zetas Leader Lazcano...Was Accident; 'La Ardilla' Smirks Over His Arrest For Falcon Lake Murder; Analysis Of Calderon's 'Kill The Capos' Plan.
11 May 2012
BRASIL / USA / SINGAPORE : 18 May UPDATE: Facebook Co-Founder...And Soon Billionaire Saverin...Renounced USA Citizenship; USA May Have Saved Him From Kidnapping; Saverin Defends Renunciation.
Naturally...new billionaire Eduardo Saverin is defending his recent renunciation of USA citizenship.
In a statement...he claimed that he 'paid his dues.'
But 2 USA senators are offended at the seeming tax ploy that off-shore banking enthusiasts like Mitt Romney might applaud...and plan to introduce new legislation punishing those who surrender citizenship just to escape taxes.
Facebook co-founder Eduardo Saverin, 30...surrendered his USA citizenship in September...a move that slashes his huge capital gains tax bill...on the record breaking IPO.
BLOOMBERG estimates his USA tax savings...at $67 million!
The Brasil born Saverin holds about 4% of Facebook...valued at $3.5 billion.
He will still end-up paying...about $365 million to the IRS.
Saverin comes from a wealthy family in Brasil...and reportedly moved to Miami at age 13...to avoid being kidnapped there.
He has been living in Singapore for 3 years.
Amazingly...Singapore has no capital gains tax.
The USA...and Brasil...will both lose out on tens of millions in taxes!