Obama will fulfil anti-tax haven promise, warns Senator

(The Royal Gazette): American lawmakers will waste no time in helping President-elect Barack Obama to fulfill his campaign promise to "shut down the tax havens", a leading US Senator has indicated. Sen. Carl Levinsaid the Stop Tax Haven Abuse Act — a bill which names Bermuda as one of 34 "offshore secrecy jurisdictions" — will become law next year with the support of the new president. Go to article