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  • Abkhazia Is Recognized by Nauru

  • Facing depletion of its main resource, phosphates, Nauru is only the fourth nation to recognize the region, which separated from Georgia.
  • 15 Countries Named as Potential Money-Laundering Havens

  • Financial Action Task Force, body created by Group of 7 wealthy countries to fight money laundering, names 15 countries and territories as potential havens for ill-gotten wealth; they are Israel, Philippines, Russia, Bahamas, Cayman Islands, Cook Islands, Dominica, Lebanon, Liechtenstein, Marshall Islands, Nauru, Niue, Panama, St Kitts and Nevis and St Vincent and the Grenadines
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