In 2013, on this day the United Kingdom assumed the year-long rotating presidency of the G8 group.
This article is part of the American Heroes thread.
The President-elect's Tax HavensNeedless to say, the British Cabinet had already taken ownership of the responsibilities which include hosting the annual leaders' summit (in Lough Erne, County Fermanagh) and choosing the global priorities for discussion. Accordingly, they had already chosen to focus on combating trade protectionism, cracking down on tax havens and promoting greater government transparency.
These themes (in fact the UK Government's own agenda items) had been repeatedly articulated by Chancellor of the Exchequer George Osborne throughout the year. Even before Mitt Romney became President-elect, creating a situation of conflict because he himself had been pilloried for avoiding US taxation by holding funds off-shore.