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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

Panama Papers: how Mossack Fonseca should manage its reputation crisis

Apr 07, 2016 05:52 am UTC| Insights & Views Business

The massive global reaction to the Panama Papers story is a classic example of an organisation, in this case Mossack Fonseca, facing a huge reputation crisis. And not just the law firm: we have already seen the resignation...

Panama Papers Series

Whistleblowers and leak activists face powerful elites in struggle to control information

Apr 07, 2016 05:50 am UTC| Insights & Views

The Panama Papers have brought the powerful role of whistleblowers back into the public consciousness. Several years after WikiLeaks Cablegate and the Snowden revelations, the next big leak has not only caused the downfall...

Panama Papers Series

Panama Papers will do little to dent the electoral ambitions of Le Pen and FN

Apr 07, 2016 05:48 am UTC| Insights & Views Politics

Marine Le Pen is among the latest prominent figures to be swept up in the Panama Papers scandal. But anyone hoping that this scandal can halt the rise of her far-right Front National movement has seriously underestimated...

Panama Papers Series

Why Vladimir Putin will hardly flinch at Panama paper cut

Apr 07, 2016 04:53 am UTC| Insights & Views Law

The world remains gripped by the revelations made in the papers leaked from Panamanian law firm Mossack Fonseca. But Moscow has greeted the coverage with what might be characterised as calm indifference. Aware that...

Panama Papers Series

Panama Papers: it's the drip-drip effect Vladimir Putin will be worrying about

Apr 06, 2016 10:50 am UTC| Insights & Views Politics

The early Russian media reaction to the claims from the Panama Papers that Putins close associate channelled more than $2 billion to offshore companies has been quite predictable: a combination of denial, counter-claims of...

Panama Papers Series

Panama Papers' dodgy middlemen are nothing new, as our own tax scandals show

Apr 06, 2016 05:31 am UTC| Insights & Views Law

The unprecedented leak of millions of documents, known as the Panama Papers, from tax haven law firm Mossack Fonseca prompted me to pick up an old book on my shelf. Written in 1969, Adventures in Tax Avoidance: with 120...

Panama Papers Series

What are 'tax havens'?

Apr 05, 2016 13:08 pm UTC| Insights & Views Law

The Panama Papers leak sheds some light on the intricate ways in which the wealthy can exploit secretive offshore tax regimes. As well as charging minimal or no tax to residents and non-residents, the main characteristics...

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Economy

Why China’s economy has hit a wall

Chinas annual parliamentary meetings in Beijing came to a close on March 11. They were conducted under great pressure: a weak economy and high expectations from both the domestic public and international observers as to...

Vladimir Putin’s gold strategy explains why sanctions against Russia have failed

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Politics

SpaceX Builds Spy Satellites for US; Russia Warns of Military Response

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Political donations rules are finally in the spotlight – here’s what the government should do

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With nominations decided, Trump leads Biden in US polls

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Science

How do airplanes fly? An aerospace engineer explains the physics of flight

Airplane flight is one of the most significant technological achievements of the 20th century. The invention of the airplane allows people to travel from one side of the planet to the other in less than a day, compared...

The mystery of consciousness shows there may be a limit to what science alone can achieve

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What is minoxidil, the anti-balding hair growth treatment? Here’s what the science says

Hair loss (also known as alopecia) often affects the scalp but can occur anywhere on the body. Its very common and usually nothing to worry about; about half of Australian men show signs of visible baldness at age 50 and...

Our survey of the sky is uncovering the secrets of how planets are born

When we look out to the stars, it is typically not a yearning for the distant depths of outer space that drives us. When we are looking out there, we are truly looking back at ourselves. We try to understand our place in...

Archeoastronomy uses the rare times and places of previous total solar eclipses to help us measure history

Total solar eclipses have fascinated and terrified people for centuries. Today, we know that total solar eclipses like the upcoming eclipse on April 8 are caused by a cosmic coincidence when the moon comes between the...

Technology

Shiba Inu's Burn Rate Soars by 1,200%, BTC Eyes $80K Pre-Halving Rally

The Shiba Inu community witnesses a staggering 1,200% spike in its burn rate, fueling optimism for a bullish rally, while experts predict Bitcoin (BTC) will approach $80,000 ahead of its next halving. Shiba Inus Burn...

Take-Two Interactive Buys Gearbox Entertainment Company From Embracer

Take-Two Interactive Software Inc. announced it is acquiring Gearbox Entertainment, which the Embracer Group is slashing from its portfolio. The New York-based video game holding firm said the deal is valued at $460...

Xiaomi Revs Up: SU7 Unveiled, Set to Outpace Tesla, BYD with Sub-500K Yuan Price Tag

As Xiaomi ventures into electric vehicles, it positions itself in Chinas competitive EV sector, focusing on pricing and market disruption. The debut of its first electric vehicle, the SU7, marks a significant move after...

Ferrari, SK On Join Forces to Develop Next-Generation Supercar Batteries

Ferrari NV, an Italian luxury sports car maker, has teamed up with SK On, a South Korean electric vehicle battery manufacturer, to produce next-generation batteries. The partners will work on producing eco-friendly...
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