Section: Newsweek (USA)
Panama Papers: Who Are The Real Victims Of Tax Avoidance and Evasion?
For as long as companies and individuals hide their wealth in offshore firms, developing countries will continue to lose money that could provide basic public services to help lift people out of poverty, experts say. On Sunday night, 11.5 million secret documents, alleged to be connected to Panama-based law firm Mossack Fonseca, were leaked after...
Global Defense Spending Increases to £1.7 Trillion, But Western Budgets Shrink
Global arms spending has increased to $1.7 trillion but Western militaries are spending less and less, the Stockholm International Peace Research Institute ( SIPRI ) reports. According to SIPRI, the defense budgets have collectively increased by 1 percent in 2015 compared with 2014, with the U.S. retaining the top spot with $596 billion despite...
Panama Papers: Largest Document Leak in History Is ‘Just the Beginning’
A veritable Who’s Who list of billionaires, celebrities and global leaders has been linked to offshore tax shelters, following the extraordinary leak of 11.5 million documents from a Panama-based law firm. The disclosure stunned the world Monday, as presidents and prime ministers attempted to explain their previously unknown ties to hidden...
Panama Papers: Ukraine’s President Defiant Despite Impeachment Push
While much of the focus on the Panama Papers leak has been on Russia and Vladimir Putin, Ukraine President Petro Poroshenko is also under serious pressure. Supposedly anti-corruption, Poroshenko is facing impeachment calls in parliament, after the documents showed that the leader registered an offshore company on the day of a bloody defeat for...
Panama Papers: Lionel Messi, Jackie Chan and David Cameron’s Father Among Those Named
Football stars, internationally reknowned actors and the friends and family of current and former world leaders are among those named in the Panama Papers scandal. On Sunday, more than 100 news outlets around the world published stories on the Panama Papers, the more than 11 million files that were leaked from Panama-based law firm Mossack...
Panama Papers: What is The Scandal and How Is Putin Linked?
The so-called Panama Papers, leaked over the weekend, detail alleged money laundering schemes, with a $2 billion scandal leading to the heart of the Kremlin. Here is what we know about the leak and how it has been received in Russia. What is the leak? The leak was of 11.5 million papers and documents—held by Mossack Fonseca, a Panama-based law...
Dutch Choice on EU-Ukraine Treaty Could Affect Brexit Vote
Dutch voters will decide on Wednesday whether to support a European treaty deepening ties with Ukraine in a referendum that will test sentiment toward Brussels ahead of Britain’s June Brexit vote and could also bring a boost for Russia. The broad political, trade and defense treaty is already provisionally in place but has to be ratified by...
Obama: World Can’t Allow Terror ‘Madmen’ to Get Nukes
U.S. President Barack Obama urged world leaders on Friday to do more to safeguard vulnerable nuclear facilities to prevent “madmen” from groups such as the militant Islamic State from getting their hands on an atomic weapon or a radioactive “dirty bomb.” Speaking at a nuclear security summit in Washington, Obama said the world faced a persistent...
Kadyrov: Putin Should Get Nobel Prize, Not Obama
Chechen leader Ramzan Kadyrov has called for the world to take U.S. President Barack Obama’s Nobel Peace Prize and give it to a more deserving candidate—Vladimir Putin. Kadyrov has often referred to himself as “a servant of Allah and a footsoldier of Putin.” The Chechen leader has named a street after Putin in his capital of Grozny and...
Euroskeptics Gear Up For Dutch Ukraine Referendum Vote
Euroskeptics in the Netherlands are gearing up for the final days of campaigning before an EU referendum on a proposed trade deal with Ukraine. Ostensibly the poll, scheduled for April 6, is over one policy issue —whether the Dutch government should ratify an EU-Ukraine deal, signed in March 2014, that would make trade between EU states and...
