1.   As in other Caribbean countries, offshore banking is seen by St. Lucia as one of the few ways of diversifying its economy, Lewis said.

2.   Bahrain has little oil, and relies more on services such as offshore banking and tourism.

3.   Offshore banking encourages widespread evasion of national taxes.

4.   The government of Prime Minister Edison James last year passed much of the needed legislation to develop offshore banking in Dominica, Finance Minister Julius Timothy said Friday.

5.   Plans are under way to set up Montserrat as another tax-free haven in the Caribbean with offshore banking.

6.   But both countries depend increasingly on tourism, offshore banking and light and high-technology industries for revenue.

7.   Critics suspect pyramid schemes and money laundering, and see it as a symbol of the dangers of poorly regulated offshore banking.

8.   Fiji is considering plans to set up an offshore banking industry and an international shipping registry.

9.   He has presented a platform promoting family values and a blueprint to reinvigorate an economy based on offshore banking and tourism.

10.   If U.S. investigators and critics of offshore banking are correct, not much has changed since.