Smuggling between the Kosovo and Serbia border

Reuters reports on the available estimates of smuggling between Kosovo and Serbia.
From Reuters:
There is no single reliable estimate of the volume of trade between Serbia and Kosovo.
Serb sources say that in 2007 it was $200 million, mostly Serb exports of construction material and machinery, with smuggling accounting for an additional $50 million a year.
Kosovo [...]

Computers, DVD players no longer to be sold on Cuban black market

New Cuban President Raul Castro has decided that computers and DVD players can now be sold without restriction in Cuba.
From Reuters:
Only foreigners and companies can buy computers in Cuba at present, while DVD players were seized at the airport until last year, when customs rules were eased.
Now Cubans will be able to buy them freely, [...]

New South Korea President already engulfed in corruption scandal

Lee Myuang Bak, President of South Korea, was inaugurated into office on February 25, 2008.
Less than two weeks later, Lee is involved in a corruption scandal involving electronic giant Samsung.
From the IHT:
A corruption scandal at Samsung spread to the government of the new South Korean president, Lee Myung Bak, on Wednesday as a group of [...]

Black market in China provides movies people want

In a contribution to the opinion page at the International Herald Tribune, Jeremy Breningstall, an English teacher in China, writes about the depth and breadth of the pirated movies available to see.
From the piece “Movies for the masses”:
Contrast that with what you can find within a 10-minute walk of my house, which is in an [...]

Black Market Radios in North Korea

In North Korea, information and news are considered contraband products and must be obtained in the black market. As radios are manufactured to only receive the official station, CNN reports on a defector in South Korea who is attempting to combat the propaganda of Kim Jong-Il.
From CNN:
It broadcasts only three hours a day. Its [...]

Smuggling in the Sahara Desert

Voice of America News reports on the smuggling situation in the Sahara Desert, as smugglers transport goods ranging from counterfeit cigarettes to cocaine.
From VOA News:
The Sahara desert has long been an attractive tax-free zone for entrepreneurs. But getting products through the mostly inhospitable and hostile terrain is hard. There are no auto repair stores for [...]

If you are hiding your money in Liechtenstein, you are in trouble

Up to ten countries are currently conducting investigations into banks in Liechtenstein to determine whether their citizens are evading taxes.
From the IHT:
Following the lead of Germany and Britain, at least eight other countries, including the United States, said Tuesday that they were investigating whether some of their citizens were using banks in Liechtenstein to evade [...]

Chinese Black Markets doesn’t want US Dollars

An article in the Los Angeles Times reports on the fall of the US Dollar and how black market currency traders in China are now hesitant to accept dollars.
Nobody here wants the lowly American dollar anymore. Not businessmen, not bankers, not even the “yellow bulls” like this man, who has been a black-market trader for [...]

Increase of child porn seizeures by Australian officials

From The Age:
CHILD pornography seizures by customs are at a record high, with a four-fold surge in the trafficking of sexually explicit images of young children in the past year.
The illegal importation of scenes of bestiality and hard-core sexual violence towards women has also risen significantly, Australian Customs has revealed.

Patron Saint of Drug Dealers

Meet Jesus Malverde, Patron Saint to Drug Dealers and Human Smugglers.
From the IHT:
Jesús Malverde has been revered for almost a century in northwestern Mexico. According to folklore, he was a Mexican Robin Hood who took from the rich and gave to the poor until he was killed by the police in 1909.Now, immigrants have brought [...]