Barack Obama's hostility towards off-shore jurisdictions like the Isle of Man has rung alarm bells in the business community.
But it's part of a much wider agenda, and we shouldn't be too concerned - says lecturer in US history at Isle of Man College Dr Ronald Barr.
Dr Barr reckons Obama (pictured) highlighting how laundered money is used to fund terrorism - is to show the American public he's taking a tough stance on homeland security:
NEXT store to remain open
Strand Street outlet had been earmarked for closure
Manx Care: 'Delivery model remains sound'
The body was created in 2021 after the Sir Jonathan Michael review
Post Office 'committed' to maintaining services in Port St Mary
It's after Torden Stores announced its closure
Island's 'premier destination' for celebrations to close in December
Woodbourne House blames economic pressures and maintenance concerns