Humanitarian crisis in Iraq, and how US companies use tax inversion

Humanitarian crisis in Iraq, and how US companies use tax inversion

vor 11 Jahren
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WBEZ's global affairs program. Featuring in-depth conversations about international issues and their local impact. Also, foreign film reviews and human rights commentaries. Hosted by Jerome McDonnell.

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vor 11 Jahren
Varying reports say that the Iraqi military, with the aid of U.S. Airstrikes, has either secured or is close to securing Mosul Dam from the ISIS militant group. The dam holds back 11 billion cubic meters of water. ISIS is in retreat, but is it sustainable? We’ll ask, Laith Saud Laith Saud, Iraqi-American, co-author of An Introduction to Islam for the 21st Century and visiting professor at DePaul University's Religious Studies Department and he’s Senior Fellow at the Omran Center for Strategic Studies.
Then, the regime of tax inversion allows U.S. companies to, essentially on paper, move their headquarters abroad to reduce U.S. tax burdens. The practice moved into the spotlight when Walgreens contemplated a move to Europe. But, the company backed down under public pressure. Lately politicians, including President Obama, have been pontificating against such moves. And Democrats in the Senate are deciding if to pursue legislation that would curtail inversions. But in his recent report, “Obama Aides Let Delphi Use Tax Tactic President Assails”, Bloomberg Reporter, Zachary Mider, reveals that the U.S. government may not have practiced what it’s been preaching. Mider has been writing on the tax inversion scheme for years and will give us some background and context.
And, as President Obama hails the “success” of U.S. airstrikes to help free stranded Yazidi on Mount Sinjar, Kurdish officials and Yazidi refugees tell a different story. They warn of a “continued humanitarian disaster”.
Christine van den Toorn is on-the-ground in Sulaymaniyah, Iraqi Kurdistan. She’s taught at the American University in Sulaymaniyah and now has a research and analysis company called The Primary Source. She’s been spending time in Iraqi towns like Shariya, that are swelling with refugees and displaced people. She’ll update us on conditions.

(photo: Smoke rises during airstrikes targeting Islamic State militants at the Mosul Dam outside Mosul, Iraq, Monday, Aug. 18, 2014. (AP Photo/Khalid Mohammed))

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