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Monaco defends its tax haven status - 21 Jun 09

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Published on Jun 23, 2009

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Tax havens are widely blamed as one of the root causes of the global economic crisis.

At the annual G20 summit in April, world leaders promised to launch a crackdown on tax havens. But so far, little appears to have changed.

Al Jazeera's Hamish Macdonald begins his investigation in the European principality of Monaco.

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