Monaco: city of vice and a few virtues

Even local clergy are surprised. "What is he coming to do here? He will tell us," said father Guillaume Paris, the right-hand man of Monaco's archbishop. The Catholic micro-state of less than two square kilometres, wedged between the Alps and the Mediterranean, has built its fortune on gambling and a low tax burden. Its promise of no income or wealth taxes has attracted the world's rich and famous -- although French and US citizens still have to pay at home. Efforts to fight money-laundering and corruption began only recently...