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Section: US & Canada

    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...

    Icelandic Media Report Prime Minister Has Offered His Resignation Amid Panama Papers Scandal
    Apr05

    Icelandic Media Report Prime Minister Has Offered His Resignation Amid Panama Papers Scandal

    REYKJAVIK, Iceland (TheBlaze/AP) — An Icelandic broadcaster is reporting that Prime Minister Sigmundur David Gunnlaugsson has offered his resignation amid the offshore scandal revealed in the Panama Papers leak. Image source: SVT / Guardian State broadcaster RUV confirmed the resignation on Tuesday after it was announced on TV by Sigurdur Ingi...

    Here is what the ‘Panama Papers’ tell us about the embattled President of Ukraine
    Apr05

    Here is what the ‘Panama Papers’ tell us about the embattled President of Ukraine

    The release of the Panama papers will accelerate the public debate in Ukraine about outdated corporate governance laws, potential conflicts of interests and political accountability …read more Source: Vancouver...

    Dutch To Vote On Ukraine’s Euro Dream
    Apr05

    Dutch To Vote On Ukraine’s Euro Dream

    The Netherlands is holding a referendum on April 6 on whether Ukraine’s Association Agreement with the European Union should be ratified. Although it’s a nonbinding vote, the political fallout from a “No” result could put pressure on the Dutch government to rescind its ratification. (RFE/RL) …read more Source: Radio...

    Here is what the ‘Panama Papers’ tell us about the embattled President of Ukraine
    Apr05

    Here is what the ‘Panama Papers’ tell us about the embattled President of Ukraine

    Analysis Reports based on the Panama Papers – a collection of leaked documents from a Panamanian law firm – suggest that the president of Ukraine attempted to use an offshore company for a pre-sale restructuring of his business. Our initial analysis suggests, though, that there is no direct evidence of major wrongdoing. The incident will,...

    Writing a Blank Check on War
    Apr05

    Writing a Blank Check on War

    Let’s face it: in times of war, the Constitution tends to take a beating. With the safety or survival of the nation said to be at risk, the basic law of the land—otherwise considered sacrosanct—becomes nonbinding, subject to being waived at the whim of government authorities who are impatient, scared, panicky, or just plain pissed off. The...

    Panama Papers Live Updates: What We Know So Far About Who Is Involved In The Leaks
    Apr05

    Panama Papers Live Updates: What We Know So Far About Who Is Involved In The Leaks

    UPDATE: 11:10 a.m. EDT — NSA leaker Edward Snowden urged world leaders Tuesday to stop using offshore accounts as tax havens. “With scandals in Russia, China, UK, Iceland, Ukraine, and more, perhaps a new rule: if you’re in charge of a country, keep your money in it,” he tweeted Tuesday. With scandals in Russia, China, UK,...

    The (Relatively) American-Free ‘Panama Papers’ Scandal
    Apr05

    The (Relatively) American-Free ‘Panama Papers’ Scandal

    The ongoing “Panama Papers” scandal is revealing that some of the world’s most prominent and wealthy figures set up accounts in foreign tax havens to avoid paying taxes in their home countries. The list of figures includes the King of Saudi Arabia, the prime minister of Iceland, the presidents of Argentina, the UAE, and Ukraine; former...

    Panama Papers: World Leaders & Rich Criminals Exposed in Massive Data Leak
    Apr05

    Panama Papers: World Leaders & Rich Criminals Exposed in Massive Data Leak

    “The biggest leak in the history of data journalism just went live, and it’s about corruption.” That is what NSA whistleblower Edward Snowden tweeted about the Panama Papers, which were released Sunday and reveal how the rich and powerful in numerous countries use tax havens to hide their wealth. Some 11.5 million files were...