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Caribbean & Central America - April 2016 (ISSN 1741-4458)
PANAMA: Panama makes international headlines for all the wrong reasons
“The last major holdout that continues to allow funds to be hidden offshore from tax and law enforcement authorities”. This was how the Organisation for Economic Cooperation and Development (OECD) described Panama following the biggest leak of secret documents in history - some 11.5m financial and legal records. Exposing the internal operations of Mossack Fonseca, a Panama-headquartered law firm dedicated to the incorporation of offshore entities, the so-called Panama Papers is proving highly embarrassing for the global elite and has already forced one leader to resign (Iceland’s prime minister Sigmundur Gunnlaugsson). It has also subjected fiscal transparency efforts by President Juan Carlos Varela’s Partido Panameñista (PPA)-led El Pueblo Primero (EPP) coalition government to unprecedented international scrutiny.
- El Salvador’s Sánchez Cerén ratchets up pressure on gangs
- PANAMA: Panama makes international headlines for all the wrong reasons
- NICARAGUA: Human rights concerns build ahead of November
- ECONOMIC OVERVIEW: COSTA RICA
- HONDURAS: Cleaning up the police - again
- GUATEMALA: New constitutional court
- CUBA: Obama’s diplomacy goes beyond baseball
- DOMINICAN REPUBLIC: Medina and PLD in cruise control
- HAITI: An April vote ‘unlikely’
- BELIZE: Border tension with Guatemala “at an all-time high”
- BELIZE: Strong rebound for Belize economy
- CARIBBEAN POINTERS
- El Salvador and Honduras lead the way in inequality reduction