Angry about the latest tax hikes? Each year, thousands of Americans pack their suitcases, rip up their US passports and move permanently overseas to prevent Uncle Sam from taking their money. In the first three quarters of 2012, more than 1,100 Americans renounced their citizenship and made their homes elsewhere, according to the Federal Register. Available data does not yet include those who left... 

President Barack Obama wasn’t lying when he said he’d raise taxes on the wealthiest Americans if reelected — but it won’t be just the top wage-earners who will be handing over more to Uncle Sam in 2013. Under a last minute Capitol Hill agreement expected to avert the much-feared ‘fiscal cliff’ disaster that has dominated politics in recent weeks, working Americans across the board will... 

Agricultural workers at El Charcote, one of the Vestey estates that was taken over in 2005. Plans to nationalise the Vestey meat empire’s Venezuelan estates are a blow to one of the UK’s richest families. In 1903, two entrepreneurial Liverpudlian brothers arrived in Caracas determined to add to their burgeoning empire of foreign food producers by buying Venezuelan cattle ranches. Over the... 

Never has one country enjoyed complete global domination as has America. For about five decades, the United States has been the strongest military, economic and cultural power on earth. For the past two decades, the international order has been America and the others (barely). However, the fun times are coming to an end. After the financial crash of 2008 and concomitant recession, Uncle Sam was revealed... 

Death of US Economy (click on the image to enlarge) Spiraling debt is Uncle Sam’s shock collar, and its jolt may await like an invisible pet fence. “Nobody knows when you bump up against the limit, but you know when it happens it will really hurt,” said fiscal watchdog Maya MacGuineas of the Committee for a Responsible Federal Budget. The great uncertainty about how much debt is too...