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Section: World Press about Ukraine

    Iceland Prime Minister Resigns Amid Offshore Scandal
    Apr05

    Iceland Prime Minister Resigns Amid Offshore Scandal

    (REYKJAVIK) — Iceland’s embattled prime minister has resigned amid a controversy over his offshore holdings, a Cabinet minister said Tuesday as outrage over the accounts roiled the North Atlantic island nation. Prime Minister Sigmundur David Gunnlaugsson, who had denied wrongdoing, is stepping down as leader of the country’s coalition...

    Watching the ‘Panama Papers’ News in Russia
    Apr05

    Watching the ‘Panama Papers’ News in Russia

    Maxim Shemetov / ReutersMOSCOW—After a community of investigative journalists uncovered documents appearing to show that scores of world leaders and public officials could be engaged in money laundering, tax avoidance, and various forms of financial wrongdoing, the disclosures were splashed liberally on front pages around the world. But in...

    Global Defense Spending Increases to £1.7 Trillion, But Western Budgets Shrink
    Apr05

    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...

    Iceland PM resigns amid Panama Papers controversy
    Apr05

    Iceland PM resigns amid Panama Papers controversy

    Iceland’s embattled prime minister has resigned amid a controversy over his offshore holdings, a Cabinet minister said as outrage over the accounts roiled the North Atlantic island nation. Prime Minister Sigmundur David Gunnlaugsson is stepping down as leader of the country’s coalition government, Agriculture Minister Sigurdur Ingi...

    Iceland premier resigns in Panama Papers scandal
    Apr05

    Iceland premier resigns in Panama Papers scandal

    REYKJAVIK, (AFP) – Icelands prime minister resigned Tuesday, becoming the first political victim of a mushrooming worldwide scandal over hidden offshore financial dealings exposed in the so-called Panama Papers.Prime Minister Sigmundur David Gunnlaugsson was the biggest casualty of a worldwide media probe into 11.5 million leaked documents...

    Iceland PM Quits in Panama Papers Affair
    Apr05

    Iceland PM Quits in Panama Papers Affair

    Iceland’s prime minister resigned Tuesday in a wave of massive protests following revelations about his questionable offshore investments. Earlier Tuesday, President Olafur Ragnar Grimsson, who cut short his U.S. visit, refused Prime Minister Sigmundur David Gunnlaugsson’s request to dissolve the government and parliament and call new...

    Icelandic leader resigns over Panama Papers revelations
    Apr05

    Icelandic leader resigns over Panama Papers revelations

    By Kylie MacLellan and Ragnhildur Sigurdardottir Iceland‘s Prime Minister Sigmundur David Gunnlaugsson is to step down after leaked documents from a Panamanian law firm showed his wife owned an offshore company with big claims on collapsed Icelandic banks, his party said. Gunnlaugsson became the first prominent casualty from the revelations in...

    Panama Papers Panic: The Worldwide Dirty Dealings Tsunami
    Apr05

    Panama Papers Panic: The Worldwide Dirty Dealings Tsunami

    (adsbygoogle = window.adsbygoogle || []).push({}); Rabat – It is an established truth, almost axiomatic, that world leaders are, indeed, world liars that take their people’s trust in them for granted. A sort of a blank check they can use at will and with no scruples, whatsoever. The word “politics” ought to be revisited by linguists and...

    Iceland prime minister resigns after data leak reveals his offshore accounts
    Apr05

    Iceland prime minister resigns after data leak reveals his offshore accounts

    The prime minister will tender his resignation amid uproar over his family’s offshore holdings, Agriculture Minister Sigurdur Ingi Johannsson was quoted as saying on local broadcaster RUV, the Associated Press reported.RELATED LINKSHere’s what we know so far about the leaked Panama papers Massive trove of Panama Papers just ‘a small...

    Icelandic PM to resign amid offshore holdings controversy
    Apr05

    Icelandic PM to resign amid offshore holdings controversy

    Sigmundur David Gunnlaugsson (Bertil Enevag Ericson, TT, File via AP ) REYKJAVIK, Iceland — Iceland’s embattled prime minister has resigned amid a controversy over his offshore holdings, a Cabinet minister said Tuesday as outrage over the accounts roiled the North Atlantic island nation. Prime Minister Sigmundur David Gunnlaugsson is...