End of preview - This article contains approximately 829 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Weekly Report - 07 April 2016 (WR-16-13)
PANAMA: Varela’s transparency claims ring hollow
Panama is under unprecedented pressure to “put its house in order” vis-à-vis fiscal transparency following the biggest leak of secret information in history – some 11.5m financial and legal records exposing the internal operations of the locally headquartered Mossack Fonseca, one of the world’s leading law firms dedicated to the incorporation of offshore entities. As well as causing discomfort to regional leaders such as Argentina’s President Mauricio Macri, who features on the list of “power players” implicated, the so-called Panama Papers have caused embarrassment to the government led by President Juan Carlos Varela, raising major doubts over his claims of progress vis-à-vis fiscal transparency.
- As guerrilla threat recedes in Colombia, paramilitary threat grows
- PERU: Congressional elections hold key to success
- VENEZUELA: Women get ironing leave
- ECUADOR: Increase in sin taxes rankles
- ARGENTINA: Senate gives Macri sword to cut Gordian knot
- BRAZIL: Impeachment momentum stalls
- CHILE: Struggling to appease the private sector
- CHILE-BOLIVIA: Morales revives an old complaint
- MEXICO: PRI up to old tricks?
- TRACKING TRENDS
- PANAMA: Varela’s transparency claims ring hollow
- Cracking down on El Salvador’s mara gangs
- Quotes of the week