September 2017

COPENHAGEN, Denmark — Iceland’s president on Saturday accepted the resignation of the volcanic island’s prime minister, who says a new election mostly likely will be held on Nov. 4. Prime Minister Bjarni Benediktsson lost his nine-month-old, center-right coalition after one party quit over an attempt by the prime minister’s father to help clear the name […]

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LAHORE: Invoking the Supreme Court’s observation that the Pakistan Muslim League-Nawaz (PML-N) was acting like a “Sicilian Mafia”, Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan said the Election Commission of Pakistan (ECP) was not an impartial body but rather a “Nawaz-Zardari Commission” that was being used to blackmail him. Speaking to journalists at Allama Iqbal International […]

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This article was originally published by the Council on Foreign Relations (CFR) on 7 September 2017. The Panama Papers leak of eleven million documents in April 2016 revealed that former Iraqi Prime Minister Ayad Allawi, the brother-in-law of Chinese President Xi Jinping, longtime friends of Russian President Vladimir Putin, drug kingpins, and even a soccer […]

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By Aamir Latif KARACHI, Pakistan  The wife of former Pakistani Prime Minister Nawaz Sharif was elected as a parliamentarian after defeating an opposition candidate in a closely-fought contest on Sunday, according to unofficial results. Kalsoom Nawaz managed to win the election from northeastern Lahore city — a stronghold of her husband’s Pakistan Muslim League (PML) […]

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As the appeal drags on following a magistrate’s decision to open an inquiry into whether money-laundering laws had been breached by high-ranking members of government when they opened Panamanian companies and New Zealand trusts, as revealed by the Panama Papers. A decision on whether proceedings will continue to be heard behind closed doors or not […]

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In secret service circles, he was either known as “Institution M” or “The Man with Nine Fingers”, because of a missing digit on his left hand. Locals in his village thought he was called “Richard Nelson” but his bank clerk knew him as “Claus Möllner”. Politicians at the top of government simply referred to their […]

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PTI Chairman Imran Khan. PHOTO: FILE PHOTO Pakistan Tehreek-e-Insaf chairman Imran Khan said on Saturday that the Panama Papers case and its judgment had caused a lot of trouble for the Sharif family but still there were some “thieves and dacoits” in Parliament. Addressing a public meeting, he said there would be a high-tension match […]

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The Russians and Arabs prefer Switzerland. The Americans prefer the Caribbean. While not illegal, tax havens are now stores of greater financial assets than ever imaged. The world’s one percenters, therefore, own a larger percentage of global wealth than we thought. (Shutterstock) Show me the money! What, you can’t? That’s because the equivalent of at […]

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Iceland’s president on Saturday accepted the resignation of the volcanic island’s prime minister, who says a new election will most likely be held on Nov. 4. Prime Minister Bjarni Benediktsson lost his nine-month-old, center-right coalition after one party quit over an attempt by the prime minister’s father to help clear the name of a convicted […]

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Comment And so another international firm providing ‘professional services’ has thrown its reputation away, revealed to have taken enormous fees in South Africa for activities that are — at the very least — completely unprofessional. But, while KPMG and its senior staff may face serious consequences, there is a wider point: we, the public and […]

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