This aircraft, which has been called the most important aviation development since the invention of the jet engine, has the ability to take off and land like a helicopter yet fly horizontally at speeds far in excess of those possible for helicopters.

CENTERFORSECURITYPOLICY: Skinner Misses Cheap Fix To Air Transport Crisis

The islands' ability to set low rates of taxation has been fundamental to their development as offshore financial centres: among the tax benefits they offer are special company-tax regimes, with little or no tax, to attract international business.

ECONOMIST: Offshore financial centres