Section: The Himalayan Times (Nepal)
Panama Papers probes opened, China limits access to news on leaks
The website of the Mossack Fonseca law firm is pictured in this illustration taken April 4, 2016.Photo: Reuters Authorities across the globe have opened investigations into the activities of the world’s rich and powerful after a cache of leaked documents from a Panamanian law firm showed possible wrongdoing using offshore company...
Credit Suisse, HSBC dismiss “Panama Papers” tax avoidance allegations
HONG KONG/ SINGAPORE: Credit Suisse and HSBC, two of the world’s largest wealth managers, dismissed on Tuesday suggestions they were actively using offshore structures to help clients cheat on their taxes. Their comments came a day after a leak of four decades of documents from a Panamanian law firm that specialises in setting up offshore...
Panama Papers reveal tax havens of rich, powerful
London/Panama City, April 4 Governments across the world began investigating possible financial wrongdoing by the rich and powerful today after a leak of four decades of documents from a Panamanian law firm that specialised in setting up offshore companies. The “Panama Papers” revealed financial arrangements of global politicians and public...
World figures deny wrongdoing as “Panama Papers” turn spotlight on tax evasion
LONDON/PANAMA CITY: Governments across the world began investigating possible financial wrongdoing by the rich and powerful on Monday following a leak of documents from a Panamanian law firm which allegedly showed how clients avoided tax or laundered money. The documents detailed schemes involving an array of figures from friends of Russian...
Pope Francis announces special collection for Ukraine
VATICAN CITY: Pope Francis has announced a special collection to help people in Ukraine suffering amid conflict “who thirst for peace and reconciliation.” The pontiff told the faithful Sunday following a Holy Year Mass that Roman Catholic parishes in Europe will hold a special collection on April 24 as a “humanitarian initiative of support,”...
Obama: ‘Madmen’ must not be allowed to get nuclear material
US President Barack Obama speaks during his trilateral meeting with South Korean President Park Geun-Hye and Japanese Prime Minister Shinzo Abe at the Nuclear Security Summit in Washington March 31, 2016. REUTERS WASHINGTON: US President Barack Obama urged world leaders on Friday to do more to safeguard vulnerable nuclear facilities to prevent...
TGIF Nepal Fashion Week begins today
Photo: THT KATHMANDU: It all started out with a spark, and now it’s ready to set the Nepali fashion industry ablaze. The most awaited fashion event — the Blenders Pride — TGIF Nepal Fashion Week 2016, is finally here. The nation’s biggest fashion gala is prepared to raise the bar of style and glamour of Nepal from March 30 to April 2...
Ukraine’s prosecutor general dismissed amid govt turmoil
MOSCOW: Ukraine’s parliament has accepted the resignation of the prosecutor general who has been accused of failing to deal with the country’s endemic corruption. The parliament on Tuesday dismissed Viktor Shokin who tended his resignation a month ago. An hour earlier, Shokin had fired his deputy — a reformist prosecutor and member of...
Use “weapons of love” to fight evil of terrorism, Pope says on Easter
Pope Francis arrives to lead the Easter mass in St. Peter’s square at the Vatican on March 27, 2016. Photo: Reuters VATICAN CITY: Pope Francis urged the world in his Easter message on Sunday to use the “weapons of love” to combat the evil of “blind and brutal violence”, following the attacks in Brussels. After a week of sombre religious...
Russia, US agree to speed up Syria peace effort
Russian President Vladimir Putin (L) speaks with U.S. Secretary of State John Kerry during a meeting at the Kremlin in Moscow, Russia, March 24, 2016. REUTERS MOSCOW: Russia and the United States agreed at talks in Moscow on Thursday to use their influence over the sides in the Syria conflict to speed up progress towards a political solution....
