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The Panama Papers form a leaked set of 11.5 million confidential documents created by the Panamanian corporate service provider Mossack Fonseca that provide detailed information on more than 214,000 offshore companies, including the identities of shareholders and directors. The documents identify (as directors and shareholders of such companies) current government leaders from five countries — Argentina, Iceland, Saudi Arabia, Ukraine and the United Arab Emirates — as well as government officials, close relatives and close associates of various heads of government of more than 40 other countries, including Brazil, China, Peru, France, India, Malaysia, Mexico, Pakistan, Russia, South Africa, Spain, Syria and the United Kingdom. Comprising documents created since the 1970s that amount to 2.6 terabytes of data, the papers were supplied to the Süddeutsche Zeitung in August 2015 by an anonymous source, and subsequently to the U.S.-based International Consortium of Investigative Journalists (ICIJ). The papers were distributed to and analyzed by about 400 journalists at 107 media organizations in more than 80 countries. The first news reports based on the set, along with 149 of the documents themselves, were published on April 3, 2016, and a full list of companies is to be released in early May 2016.

Panama Papers Series

To really tackle corporate tax evasion we need a public register

Sep 12, 2016 02:05 am UTC| Insights & Views Politics

The Australian government shouldnt rely on leaks like that of the Panama Papers to pick up on tax evasion, it should consider stronger action. The federal government showed some leadership earlier this year by...

Panama Papers Series

Why British law doesn't necessarily apply in overseas territories

May 05, 2016 16:59 pm UTC| Law

Until the Panama Papers scandal broke, it would have been easy to think that the widest possible definition of the United Kingdom is England, Wales, Scotland and Northern Ireland. But the territory is much wider than that ...

Panama Papers Series

Panama Papers revelation: we must rethink data security systems

May 04, 2016 12:31 pm UTC| Insights & Views

The surge of information leaks from highly confidential sources in recent years demonstrates the futility of current cyber defenses. The leaks of U.S. diplomatic cables, Office of Personnel Management data, CIA...

Panama Papers Series

Should tax collection be privatised?

Apr 20, 2016 06:08 am UTC| Insights & Views Business Law

The release of the Panama papers is yet to reach its endgame, but there are some clear truths we can take from it. People or businesses who dont pay their taxes whether deliberately or through ignorance undermine state...

Panama Papers Series

Did you cheat on your taxes? Here's why your days may be numbered

Apr 18, 2016 04:28 am UTC| Insights & Views Law

The so-called Panama Papers span thousands of pages, revealing that many of the worlds elite have been hiding their money in offshore accounts in an attempt to shield their income from taxes. Their release the biggest...

Panama Papers Series

Why Europe's new tax initiative is a big deal

Apr 15, 2016 15:16 pm UTC| Insights & Views Law

Public outcry over revelations in the Panama papers about global levels of tax dodging has led to political action. Europes five largest economies the UK, France, Germany, Italy and Spain have agreed to new transparency...

Panama Papers Series

Should all politicians publish their tax returns? Here's what we might find

Apr 14, 2016 08:04 am UTC| Insights & Views Law Politics

Public pressure has forced Britains prime minister, David Cameron, to publish a summary of his taxable income, and a string of UK politicians have followed suit. The moves comes in the wake of the Panama Papers data leak,...

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Economy

U.S.-China trade war underlines risk of concentrating production, triggers restructuring of supply chains: ANZ Research

The ongoing US-China trade war has underlined the risk of concentrating production in a single country and has triggered a restructuring of supply chains, according to the latest report from ANZ Research. As businesses...

Global Geopolitical Series: U.S. Commerce Department announces duties quartz products from China

Yesterday, the U.S. Commerce Department concluded its preliminary anti-dumping investigations into imports of quartz surface products from China and it has found that exporters are dumping the product in the United States...

Global Geopolitical Series: U.S. imposes heavy duties on rubber bands from China

Earlier this week, the U.S. Commerce Department concluded its final investigations into imports of rubber bands from China and it has found that exporters are dumping the product in the United States at a margin of 27.77...

Australian bonds surge tracking U.S. Treasuries following Brexit chaos, sell-off in stocks

Australian government bonds surged during Asian session Friday tracking a similar movement in the United States Treasuries, after chaos struck over Brexit negotiations as UK Minister Dominic Raab resigned on late...

Cryptocurrency Brief: Bitcoin tumbles to lowest in one year, altcoins follow suit, BCH/USD hit by hard fork

BTC/USD: Bitcoin prices tumbled to a one-year low during late European session Thursday, after the United States Securities and Exchange Commission (SEC) published its annual enforcement report, pinning down several...

Politics

Threats remain to US voting system – and voters' perceptions of reality

As the 2018 midterms proceed, there are still significant risks to the integrity of the voting system and information warfare continues to try to influence the American publics choices when they cast their ballots. On...

Let's not focus on graduate incomes when assessing the worth of education

The link between educational attainment and income has long been known. Now Australians have more information about what graduates earn from different universities and courses. A recent report shows graduates from NSW...

What image will define the 2018 election?

Every election has its iconic images. Or does it? There are standout images from previous campaigns. Barack Obamas Hope poster, with all its homages and parodies, is a classic example. George W. Bushs Mission...

US mid-term results: seven key issues and what they mean for the country's uncertain future

America has voted, the results are in, but the countrys future remains uncertain for now. Tuesdays Congressional mid-term elections were billed rightly as among the most important in US history. Decades of widening...

Democrats take House at US midterm elections, but Republicans keep Senate; Labor well ahead in Victoria

US midterm elections were held today. All 435 House seats and 35 of the 100 Senators were up for election. Democrats were defending 26 Senators, including some states that Trump won by big margins in 2016, and Republicans...

Science

Novel approach brings African scientists closer to a malaria vaccine

Malaria is still a major problem in Africa. There are over 200 million clinical cases each year and approximately half a million deaths. There are different ways in which malaria can be controlled. Preventive measures...

Dramatic galaxy collision filled the Milky Way with stars, astronomers discover

Imagine trying to map out your home town using only information you could gather from your window. Even with a pair of binoculars youd find it a difficult task. Mapping out our own galaxy, the Milky Way, is a similarly...

How thoughtful, content-rich tutorials can help science students learn

Learning is not a spectator sport. Students need to make what they learn a part of their everyday lives. Tutorials are an excellent way to achieve this at university level. When theyre properly designed, tutorials can be...

Curious Kids: If a star explodes, will it destroy Earth?

This is an article from Curious Kids, a series for children. The Conversation is asking kids to send in questions theyd like an expert to answer. All questions are welcome: find out how to enter at the bottom. You might...

Explainer: what any country can and can't do in Antarctica, in the name of science

Antarctica is owned by no one, but there are plenty of countries interested in this frozen island continent at the bottom of the Earth. While there are some regulations on who can do what there, scientific research has...

Technology

iOS Jailbreak Latest News & Update: iOS 12.1 Successfully Bypassed by Tencent KeenLab Researcher

A Tencent Keenlab researcher recently confirmed on Twitter that his jailbreak method successfully bypassed the latest iOS 12.1 that is running devices of XS MAX, Apple, and iPhone. Named Liang Chen, the researcher said...

'Fallout 76' Latest News & Update: Titanic Failure as Expected, Burning Reviews Paint Apocalyptic Reception

Fallout 76 was doomed from the start and it would seem that everyone could see this except for Bethesda. The game was as confusing to itself as it was to fans and this was the least of its problems. The result is the...

AMD Latest News & Update: To Demolish Intel with New EPYC 7371 Processor? Targets Data Centers

AMD has been on a roll recently and the announcement for its new EPYC 7371 Threadripper processor threatens to absolutely bury whatever Intel has to offer. This new monster of a chip comes with 64 cores from the Zen 2 line...

Jailbreak for iOS 12.1 Latest News & Update: Downgrade Advised, Apple Plays Cat & Mouse with Hackers

Jailbreak for iOS 12.1 is proving to be challenging and Apple is simply not letting up. There are those within the mobile software community who are working hard to create a jailbreak kit for the latest iOS version....

‘GTA 6’ Release Date, News & Update: Should Upcoming Game Receive a New Map?

GTA 6 is making a lot of noise on the web again as its predecessor recently accomplished another milestone for the gaming studio. GTA 5 has now reportedly shipped over 100 million copies worldwide, increasing the...
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