At least $21 trillion of unreported private financial wealth was owned by wealthy individuals via tax havens at the end of 2010. This sum is equivalent to the size of the United States and Japanese economies combined.

David Cameron, the British Prime Minister visited India recently. His visit caused much more of a flutter in Pakistan than in India. They are still livid with his statement in Delhi that Pakistan is exporting terror. After Zardari's visit to London, both Cameron and Zardari have now decided to forget what was said in Delhi about Pakistan. We will have to wait and see what really happens. In India, the main issue on Cameron's visit was how to pronounce his name – most people called him Cameroon, and not Cameron. May be a hangover of the World Cup. In any case, what is in a name – the foreign media insists on calling Manmohan Singh – Man-Mohaan Singh, though we shudder to think what they will do to Delhi's Chief Minister during the reporting of the Commonwealth Games.