Panama Papers

China's President Xi Jinping (second from left) and Panama's Juan Carlos Varela (second from right) wave flanked by first ladies Peng Liyuan (left) and Lorena Castillo (right) at the newly inaugurated Cocoli locks in the Panama Canal, on Dec. 3, 2018.

The Panama Canal Could Become the Center of the U.S.-China Trade War

Panama’s strategic and symbolic importance place it at the heart of growing trade tensions.

The parliament building is pictured on October 29, 2016 in Reykjavik during the snap general election. 
Icelanders voted in a snap election that could see the anti-establishment Pirate Party form the next government in the wake of the Panama Papers tax-dodging scandal and lingering anger over the 2008 financial meltdown. / AFP / Halldor KOLBEINS        (Photo credit should read HALLDOR KOLBEINS/AFP/Getty Images)

Icelandic Government Collapses Amid Pedophilia Scandal

The Icelandic prime minister’s links to a convicted rapist have once again put the democracy’s accountability to the test.

An activist performs as a client of an offshore company during a protest of the non-governmental organizations 'Oxfam' and 'Transparency International' in front of the European Commission headquarters in Brussels, on April 12, 2016.  
Following the Panama Papers revelations, Oxfam criticizes the EU Commission's delay of financial reforms. Commissioner Jonathan Hill is expected to present a list of reforms in Strasbourg, France, later on April 12. / AFP / JOHN THYS        (Photo credit should read JOHN THYS/AFP/Getty Images)

Will Congress Get Serious About U.S. Offshoring Loopholes?

The Panama Papers revelations were just the beginning. Now the FBI is worried about terrorist financiers exploiting American shell companies.

BERLIN, GERMANY - APRIL 13:  An activist clutching a suitcase stuffed with fake money demands greater trasparency in new legislation following the ongoing Panama Papers affair on April 13, 2016 in Berlin, Germany. Police in Panama have reportedly raided the offices of Mossack Fonseca, the law-firm accused of facilitating large-scale offshore tax evasion for thousands of its clients.  (Photo by Sean Gallup/Getty Images)

Next Time You Binge on the Panama Papers Will Be on Netflix

Netflix has exclusive rights to two journalists' accounts of revealing the Panama Papers leaks.

GettyImages-530959272 crop

Some Countries Really Are More Corrupt Than Others

Yes, corruption exists in the West. But in much of the developing world, it’s a problem on a whole different scale.

GettyImages-528340694

White House Cracks Down on Offshore Accounts

The Panama Papers compel the White House to crack down on offshore accounts.

GettyImages-520819514 crop

Let the Sunshine In

Shady shell companies thrive on secrecy. It's time to force their hidden owners into the open.

ANTALYA, TURKEY - NOVEMBER 16:  British Prime Minister David Cameron speaks to the media during a press conference on day two of the G20 Turkey Leaders Summit on November 16, 2015 in Antalya, Turkey. World leaders will use the summit to discuss issues including, climate change, the global economy, the refugee crisis and terrorism. The two day summit takes place in the wake of the massive terrorist attack in Paris which killed more than 120 people.  (Photo by Chris McGrath/Getty Images)

Dodgy Dave’s Offshore Chickens Come Home to Roost

The furor over Cameron’s perfectly legal tax haven isn’t about his family money. It’s about his six years spent handing Britain over to the 1 percent.

GettyImages-519632032 crop

Want More ‘Panama Papers’? Here’s How.

The world needs investigative journalism more than ever — but it doesn’t come for free.

The Panamanian flag waves in Panama City, Panama, on Tuesday, April 5, 2016. For decades, Jurgen Mossack and Ramon Fonseca have been the go-to guys in Panama for international investors looking to put their money in far-flung places. Reports now allege their firm played a critical role in helping political leaders around the world move money offshore. Photographer: Susana Gonzalez/Bloomberg via Getty Images

The U.S. Knew for Years That Panama Was Full of Shady Money

Washington has no excuse for abetting the culture of impunity that gave rise to Panama’s tax haven hub.

BUENOS AIRES, ARGENTINA -  JANUARY 30:  President of Argentina, Cristina Kirchner, gives a speach during an announcement of an increase of 18.26 percent for pensions accounting for a total hike of 38.61 since September last year, at Salon de la Mujer in Casa Rosada on January 30, 2015 in Buenos Aires, Argentina. (Photo by Charly Diaz Azcue/LatinContent/Getty Images)

Cry for Cristina

Cristina Fernández Kirchner's bad year is about to get a whole lot worse.

LAS VEGAS - NOVEMBER 11:  Traffic passes by the famous sign welcoming motorists on the south end of the Las Vegas Strip November 11, 2005 in Las Vegas, Nevada. The Mandalay Bay Resort & Casino is in the background.  (Photo by Ethan Miller/Getty Images)

What Happens to Money in Nevada Stays in Nevada

Nevada, where there is no income tax and assets are protected from creditors, makes Panama look passé.

HONG KONG, CHINA:  A Bank of China teller shows 100 renminbi (yuan) notes at its headquarters in Hong Kong, 25 February 2004.  The Bank of China (BOC) along with other local banks started offering to its customers transact business in yuan currency, a move seen as a step forward to consolidating two economies namely Hong Kong and the mainland.     AFP PHOTO/TED ALJIBE  (Photo credit should read TED ALJIBE/AFP/Getty Images)

What the Panama Papers Mean for China’s Leadership

Relatives of Chinese elites have concealed assets abroad. But that’s likely no surprise to China’s anti-corruption watchdogs.

<> on June 28, 2011 in Beijing, China.

New ‘Panama Papers’ Report Hits China’s Red Elite

Those named as offshore mavens included a Stanford freshman and a descendant of Mao Zedong.

A man dressed as an "evil banker" stands outside St Paul's Cathedral in central London as protestors gather on October 15, 2011.  A large group of demonstrators gathered near the London Stock Exchange to protest against the banks' handling of the fincial crisis. Inspired by the Occupy Wall Street movement and Spain's "Indignants", people began taking to the streets across the world Saturday, targeting 951 cities in 82 countries.
AFP PHOTO / LEON NEAL (Photo credit should read )

Mossack Fonseca’s Willful Ignorance

The company at the heart of the Panama Papers scandal has long proclaimed its innocence. That see-no-evil strategy might not hold up for much longer.

GettyImages-519116986 crop

We Knew the Panama Papers Would Make a Splash. But in Iceland?

It’s no coincidence that the people of this tiny island nation were the first to punish their leader’s financial misdeeds.

TOPSHOT - French riot police confront protesters during a demonstration against labour law reforms in the French capital Paris on March 31, 2016. France faced fresh protests over labour reforms  just a day after the beleaguered government of President Francois Hollande was forced into an embarrassing U-turn over constitutional changes.  / AFP / THOMAS SAMSON        (Photo credit should read THOMAS SAMSON/AFP/Getty Images)

Will the Panama Papers Be a Catalyst for Change?

It’s not about Vladimir Putin’s cronies or crooked billionaires. If real reform is going to come, it’ll have to be based on popular anger at the merely well-off using tax havens to move money.

<> on September 30, 2011 in New York City.

Taxpayers of the World, Unite!

The Panama Papers confirm that the world’s elite cheat, lie, and steal. Will the masses finally do something about it?

Atmosphere

Let Me Tell You About the Very Rich

The Panama Papers highlight, with painstaking clarity, that austerity is not a shared sacrifice.

Want unlimited access? Subscribe today.