Review: Everyone loses in “Laundromat” shell game 8 Nov 2019 Legalese rarely makes for a snappy screenplay. But Steven Soderbergh’s dark farce about the Panama Papers tries to do just that. It might not fully succeed, but kudos to the director for skewering the pretensions of today’s masters of the universe – including those in Hollywood.
Deutsche Bank’s new dark clouds have silver lining 29 Nov 2018 The lender has been hit by police raids linked to clients’ alleged tax evasion and speculation its investment bank head could leave. Yet Panama Papers issues have thus far not meaningfully hit European banks. And Deutsche’s traders should have a decent 2019 – whoever’s in charge.
Hadas: Fighting corruption delivers small payoffs 27 Sep 2017 Miner BHP wants to see if 20 years of more openness has made lives better. It’s doubtful. The "Panama Papers", Brazil's "Car Wash" and Olympics scandals suggest graft remains standard practice. Public outrage may be subdued, though, because obvious economic harm is hard to find.
Iceland first casualty of mostly pointless crusade 5 Apr 2016 Offshore assets exposed in the Panama Papers did for Iceland’s prime minister. It wouldn’t have happened if Icelanders didn’t expect better behaviour, and know how to ask for it. That’s the problem. Leaks thwack the mostly good, and leave the genuinely corrupt largely untroubled.
Panama Papers can only clean up so much 4 Apr 2016 A leak of some 11 mln documents from a law firm in the Central American nation has kicked off a global offshore tax hunt. Iceland’s prime minister is already under fire and other world leaders could be damaged. The impact may be limited, however, in the least democratic regimes.
New U.S. trade deals are political, economic wins 13 Oct 2011 After an overlong hiatus, the passage of laws fostering commerce with Korea, Colombia and Panama is a welcome boon for free trade. While bilateral deals are only modest job-creators, they deepen economic links, enhance efficiency and build friendships. Next up? Indonesia.