July 2016

In the early 1990s, economists coined the term “the resource curse” to describe a paradox they observed in countries where valuable natural resources were discovered: Rather than thriving, such countries often crumbled, economically and politically. The newfound wealth, instead of raising living standards for all, generated violence, as well as accelerating the growth of inequality […]

U.S. federal prosecutors have launched a criminal investigation into whether individuals at Mossack Fonseca Co., the law firm at the center of the “Panama Papers” scandal, knowingly helped its clients launder money or evade taxes, according to people familiar with the matter. Mossack Fonseca has been in the global spotlight since early April, when a […]

The leader of the Icelandic Progressive party and ex-Prime minister Sigmundur Davíð Gunnlaugsson yesterday said on Útvarp Saga radio that renowned international investor George Soros is behind the Panama leak. Sigmundur Davíð gained international fame in an interview which has been on virtually every news hour and numerous comedy shows worldwide. In his radio interview […]

The name of Lionel Messi’s Panamanian shell company sounds a little showy, but not entirely unfitting: Mega Star Enterprises. The company is run by five unknown nominee directors, but the man who evidently is really in charge is the megastar of world football. His name appears in a document dating from June 2013 discovered by […]

With signs of Russian involvement in the damaging Democratic National Committee email hack, questions have been increasing about just what Putin’s motives might be when it comes to the US presidential election. We put that question to one of Moscow’s top Putin observers. The year 2005 was a turning point in Vladimir Putin’s foreign policy […]

Netflix said it had acquired the rights to the book “Panama Papers: Breaking the Story of How the World’s Rich and Powerful Hide Their Money,” by German journalists Frederik Obermaier and Bastian Obermayer. US producer John Wells, known for series like “ER” and “West Wing,” will be producing the film adaptation of the tax tale. […]

THE MPs are off for their summer break from Westminster and things certainly look a lot different to only 12 months ago, with Corbyn-mania, a new Prime Minister and Brexit all igniting the political world since. Parliamentary Correspondent Patrick Daly takes a recap through the year’s events. IT WAS the summer of left-wing love as […]

U.S. EXCLUSIVE: Netflix has teamed with John Wells Productions to mount a feature film about the Panama Papers, the largest single leak of data in government and corporate history. They have aligned with German investigative journalists Frederik Obermaier and Bastian Obermayer, who broke the story and led the team that uncovered The Panama Papers. Netflix […]

Adding to the expose made by Panama Papers in February that rattled many mighty in the corporate and political fields,  a new follow-up of the exposes have revealed the dubious role of offshore companies in the mining deals of Africa. The Panama Papers Africa mining scandal involves offshore entities having operations in 44 of Africa’s […]

Mossack Fonseca, the offshore law firm at the heart of the Panama Papers leak, helped politicians, their families and businessmen rob Africa of billions of dollars, according to a new investigation. RELATED:Ecuador’s Correa Takes Aim at Politicians Utilizing Tax Havens The International Consortium of Investigative Journalists, which published the leak along with dozens of international […]

Britain needs a new financial watchdog to punish wrongdoing and to win public confidence, further reshaping a regulatory structure that was overhauled just three years ago, MPs on the Treasury Select Committee have said. A new enforcement body should operate separately from the Bank of England’s Prudential Regulation Authority and the Financial Conduct Authority to help […]

Panama Papers movie coming from Netflix John Wells Are you ready for a Panama Papers movie? The story of thousands of secret bank accounts, a long list of the rich and powerful, and an insane accumulation of wealth hiding in plain sight just beyond the reach of governments gripped the world earlier this year when […]