Republican presidential candidate Mitt Romney has acknowledged that he had money in a Swiss bank account until 2010. Romney says he wasn't trying to hide the money, since he reported the account to the government.
Even so, he closed the account at a time when the federal government was in the middle of a major crackdown on offshore tax havens — a crackdown that has made it harder for Americans to hide their money overseas.
One of China's biggest criminal trials opens Thursday, and its lurid details make for a sort-of Communist Party film noir. The wife of an ambitious Chinese politician is accused of murdering a British businessman. Her powerful husband allegedly blocks the police investigation, and the police chief, fearing for his life, takes refuge in a U.S. consulate and implicates the wife in the killing.