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Monday, April 04, 2016

Mossack Fonseca - Panama Papers

The five most important graphs from these Panama Papers leaks
It’s being described as the “biggest leak in history.” Over 11 million confidential documents were released from the Panamanian law firm Mossack Fonseca, which has been described as the world’s fourth-largest provider of offshore services.

The documents were obtained by an anonymous source who contacted German newspaper Süddeutsche Zeitung, which worked with other papers and the International Consortium of Investigative Journalists to go through the data. The leak shows how the Panama-based law firm helped its clients launder money and evade tax.

It implicates 12 current or former heads of state and 61 people linked to current or former world leaders, including British prime minister David Cameron’s father, at least eight top Chinese officials, and Bollywood’s most famous stars.

Here are the five most important graphs from the so-called “Panama Papers”:/.../

How to hide billions of dollars

Why the Panama Papers Could Lead to a Crisis In Capitalism
The "Panama Papers" leak could intensify the populist backlash against capitalism already underway in the western world, TIME's Rana Foroohar writes

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