(Arnulfo Franco, AP)
LONDON — Governments around the world scrambled Tuesday to contain the fallout from the publication of thousands of names of rich and powerful people who conducted offshore financial activity through a Panamanian law firm.
China dismissed as “groundless” reports that relatives of current and retired politicians, including President Xi Jinping, own offshore companies. The state media are ignoring the reports, and search results for the words “Panama documents” have been blocked on websites and social media.
Iceland’s prime minister has vowed to not resign despite thousands of angry protesters demanded he step down and call new elections after the leaks …read more
Source: Macleans
