Offshore
in sentence
295 examples of Offshore in a sentence
Over many years spent investigating these issues, Global Witness has discovered that the ability to hide money
offshore
depends on two factors: banks that accept dirty money, and companies that help the wealthy, well-connected, and corrupt to conceal their identities.
Yet the ICIJ investigation neglected a crucial point: money laundering and financial secrecy do not take place only
offshore.
A few years ago, a lawyer for one of our competitors drew a picture of a coastline with a little island
offshore.
Then there is the Bay of Bengal, where Chinese infrastructure investment is set to transform the backward Myanmar seaside town of Kyaukpyu and the surrounding region by tapping
offshore
gas fields and constructing a pipeline to Yunnan Province in southern China.
Because China’s government relaxed restrictions on
offshore
borrowing faster than was prudent, Chinese enterprises with links to the government have high levels of foreign debt.
In fact, rather than saving lives, this policy flies in the face of Australia’s international humanitarian obligations under the Refugee Convention and the Convention on the Rights of the Child, especially given that unaccompanied children will be among the first to be sent to
offshore
detention.
Moreover, while people wait in official UNHCR camps for 17 years on average, the panel did not recommend any time limit for
offshore
processing, and the government has remained silent on the duration of people’s stay on Manus Island or Nauru.
At the same time, the UK Parliament has approved stringent new measures to reduce carbon emissions by 2020, with the biggest CO2 cuts by far to come from an increase of more than 800% in
offshore
wind power over the next seven years.
But
offshore
wind power is so expensive that it will receive at least three times the traded cost of regular electricity in subsidies – more than even solar power, which was never at an advantage in the UK.
Assuming complete success for the UK’s scheme,
offshore
wind power could produce more than 10% of the country’s electricity in 2020 and reduce its CO2 emissions by up to 22Mt, or 5%, per year.
Current global climate policy is unsustainable; the UK’s commitment to boosting
offshore
wind power is only the latest example.
While a regulatory overhaul of
offshore
drilling procedures and policies is clearly necessary, it will be insufficient to reduce the risk of spills and accidents if it is not accompanied by other demand-side measures.
By contrast, Japan relied almost exclusively on an extensive series of seawalls and
offshore
breakwaters along the east coast of the island of Honshu.
Indeed, some 70% of all Hong Kong-listed companies have a Caribbean registry, and even a number of major mainland companies, including the Internet giant Alibaba, are registered in
offshore
tax havens.
The renminbi
offshore
market, which has strengthened considerably over the last few years, would lose value, forcing the People’s Bank of China to channel foreign-exchange reserves toward that market to offset the decline.
As unrest mounted with these military retreats,
offshore
US forces monitored and intercepted jihadists who sought to enter Somalia, while Kenya and Ethiopia blocked the unrest from metastasizing across the region.
America’s departure from Mesopotamia will likewise put the burden of problem solving onto Iraqis and other regional players, leaving the US
offshore
to assist when and where it deems appropriate.
Will it become little more than the rural hinterland of an
offshore
financial center on the Thames?
Within weeks, the Clinton administration must decide whether to impose sanctions on a French-Russian-Malaysian consortium set to develop Iranian
offshore
gas fields – a multi-billion consortium originally planned by the American oil company Conoco, which was banned from participation by the executive order.
We are also proposing that an international convention be adopted to establish liability and compensation for both economic losses and ecological damage caused by
offshore
oil and gas exploration and production, which should also always be subject to legally binding safety protocols.
Some of the debt does not even appear in the official statistics of borrowing countries, because it was often taken on not by domestically-based firms, but by their
offshore
subsidiaries.
Moreover, they must meet the need for new power lines to carry low-carbon solar, wind, geothermal, and hydroelectric power from remote areas (and
offshore
platforms) to population centers.
The lowest-cost and most plentiful renewable energy is often found far from population centers, in deserts and mountains, and
offshore
for wind.
Some
offshore
money made this way is returning to Russia as banks try to buy up privatized enterprises.
What is stopping the great newspapers from flushing out from the dark web the Mossack Fonsecas of global jihad and its criminal
offshore
companies?
Improvements in computer and communications technologies have also enabled employers to
offshore
many routine tasks that machines cannot directly replace.
One financial issue on which there is global agreement is the need to close down
offshore
bank havens, which exist mainly for purposes of tax evasion and avoidance, money laundering, and corruption.
But they will be equally encouraged to
offshore
production that is aimed at export markets, so that they can compete with Japanese, German, and Chinese producers outside of the US.
The global uproar triggered by the Panama Papers – 11.5 million files taken, apparently by computer hackers, from the world’s fourth-largest
offshore
law firm, Panama’s Mossack Fonseca – is likely to continue for some time.
Already, the prime minister of Iceland has been forced to resign, after it was revealed that he held stakes in
offshore
companies with his wife.
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