Caribbean News Now!Caribbean News Now (press release) (blog)PANAMA CITY, Panama (ICIJ) — Mossack Fonseca, the law firm at the heart of the Panama Papers affair, sold shell companies and held bank accounts that were used to help conceal bribes paid across South America, a Panamanian prosecutor alleged at a … (via Google News)
Overseas companies that invest in the UK issued a flurry of warnings on Tuesday about the threat Brexit poses to their businesses, signalling their growing concern as the UK prepares to start the formal process of leaving the EU. Forty European business lobbies, representing 20m companies in 34 countries, issued a statement calling for a post-Brexit settlement which would preserve the integrity of the single market, deliver […]
General counsel from 185 companies are joining the chorus of voices supporting the Legal Services Corp., a major benefactor of civil legal aid that’s at risk of being completely eliminated under President Donald Trump’s proposed budget. The group of top corporate lawyers, from companies including Google Inc., , and , signed on to a letter delivered to […] (via WSJ)
Inquirer.net Davao court orders arrest of MatobatoInquirer.netDAVAO CITY—A regional trial court judge on Monday ordered the arrest of confessed hit man Edgar Matobato in connection with the 2002 kidnapping of Turkish national Sali Makdum. Judge Dorothy Gonzaga of RTC 4 in Panabo City in Davao del Norte also …Court issues arrest warrant for Matobato on kidnapping caseBusinessWorld Online EditionPanabo court issues warrant against Matobato for kidnap-murder of Turkish […]
The Republican-controlled Committee on Oversight and Government Reform approved a bill earlier today to allow for a congressional audit of the Federal Reserve’s monetary policy, a proposal Fed policymakers have opposed and likely faces a difficult path to final approval in the Senate. Under the bill, the Fed’s monetary policy deliberations could be subjectto outside review by the Government Accountability Office. While similar bills have garnered some […]
For as long as man has looked up at the heavens, he’s pondered one question: Are we alone in the universe? While the answer remains unclear, there’s a tonne of research being conducted to determine just what life-sustaining planets beyond Earth might exist — and what they might look like. There’s no shortage of imaginative renderings and fiction about what such worlds may entail, as well. Countless […]
A Delhi businessman figured in the Panama papers has for over decade “represented” an Italian currency paper firm which has got several supply contracts in India including emergency contracts after demonetization. Citing fresh leads from Panama papers, The Indian Express reported that Delhi-based businessman Satya Prakash Gupta represented the Italian currency paper major Fabriano, which was among the nine companies that got contracts for emergency currency-paper supplies […]
When it comes to hedge fund paranoia, few can hold a light to the world’s undisputed leader: Ray Dalio’s Bridgewater – the former employer of current FBI director James Comey – which in addition to maintaining absolute secrecy about its operations, policies and culture, and vigorously pursuing anyone who disseminates Dalio’s famous morning notes, has relentlessly sued any former employees who breach the company’s notorious non-compete. And […]
Lenovo-owned Motorola could have a new smartphone in the pipeline, dubbed the Moto X 2017. A series of leaked images have surfaced online, which suggest that there is a possibility that the company may soon announce the next-gen Moto X smartphone. The leaked images of the alleged Moto X 2017 were posted on Google+ on March 28 by a user called Jerry Lin. Two images show off the next-gen Moto […]
In this Monday, Sept. 12, 2016, photo, a group of self-driving Uber vehicles position themselves to take journalists on rides during a media preview at Uber’s Advanced Technologies Center in Pittsburgh. On Monday, March 27, 2017, Uber said it is resuming its self-driving car program in Arizona and Pittsburgh after it was suspended following a crash over the weekend. The company had also grounded self-driving cars in […]
‘You have here a case where all these are not qualified for the witness protection program but are in conspiracy with De Lima are not named in the information. Would you say that there is a singling out of the accused?’ Associate Justice Marvic Leonen asks Solicitor General Jose Calida Lian Buan Published 5:49 PM, March 28, 2017 Updated 5:54 PM, March 28, 2017 Solicitor General Jose […]
For Truecaller, an app that offers real-time caller ID and spam protection, the past two years have been nothing short of a rollercoaster ride. On one hand, the eight-year-old service continues to grow strongly in developing markets, and has also chalked out plans to attract people globally. On the other hand, several features that made Truecaller so popular are now shipping out of the box with iPhone […]
With President Trump’s America First agenda, we thought it would be useful to understand which other nations value America highly. As Statista’s Martin Armstrong details, the Made-In-Country-Index (MICI) 2017 has shed light on the reputation of products produced in 49 countries (plus the EU) worldwide. In the overall ranking, the U.S. placed in a ‘could do better’ joint 8th with France and Japan. The infographic below takes a […]
The grant announcement continues a run of significant recognition for the Center’s work. In recent days, five separate Center investigations have been honored as part of three prestigious journalism competitions. The Center was a winner in three categories of the Society of American Business Editors and Writers “Best in Business” competition, while taking a first place and a second place prize in the Association of Health Care […]
A year since the leak of some 11 million documents from Mossack Fonseca, the owners of the vast wealth hidden away by the Panamanian law firm appear safe from everything but embarrassment. The founders of the law firm were less fortunate. Juergen Mossack and his colleague Ramon Fonseca, were arrested in Panama City in February in connection with Brazil’s sprawling car wash corruption scandal. The investigation is […]
Democracy Fund and First Look Media on Monday announced $9 million in funding to bolster an independent free press split evenly between three newsrooms: ProPublica, the Center for Public Integrity and the Center for Investigative Reporting. Democracy Fund and First Look Media are also committing an additional $3 million to support independent in vigorous journalism. It includes: The Knight Prototype Fund aimed at combating misinformation will receive […]
LastPass browser extension (LastPass) LastPass on Monday acknowledged a remote code execution vulnerability that affects version 4.1.42 of the LastPass extension on Chrome. The client side vulnerability was discovered over the weekend by Google Project Zero researcher Tavis Ormandy. “We are now actively addressing the vulnerability. This attack is unique and highly sophisticated,” LastPass wrote in a blog post. LastPass didn’t give specifics about the vulnerability or […]
Last week we noted that Mexico’s Economy Minister, Ildefonso Guajardo, was somewhat less than completely supportive of Trump’s impenetrable, yet “aesthetically pleasing”, 30-foot border wall and issued a stark warning to Mexican companies that it would not be in their best “interests” to participate in the project even though there would be no explicit legal restrictions or sanctions to stop them if they tried. Per Reuters: “We’re […]
MANILA, Philippines — The European Union on Monday summoned a Philippine envoy to explain an expletive-laden tirade by President Rodrigo Duterte, who threatened to hang EU officials for opposing his efforts to re-impose the death penalty. The EU’s external action service, the equivalent of a foreign office, said it hauled Charge d’Affaires Alan Deniega in to its Brussels headquarters to provide “an explanation for the recent, unacceptable comments […]
Want to beat Warren Buffett’s investment returns? Don’t want to spend a lot of time working at it? Bloomberg’s macro strategist Cameron Crise has just the investment process for you… Last week I wrote about a simple model that is surprisingly effective at profiting from the rebalancing tendencies of passive investors. This in turn brought to mind another well-known instance of behavioral herding that has led to […]
By Joe Kirwin The European Parliament’s special Panama Papers investigative committee concluded its four-day “fact-finding” visit to the U.S. with its chairman calling on the U.S. to close its tax loopholes. In a March 24 telephone interview at the conclusion of the U.S. visit, the committee‘s chairman, German lawmaker Werner Langen, told Bloomberg BNA that EU members “have made appeals to the U.S. federal government and Delaware […]
MANILA: The Philippines Monday (Mar 27) took delivery of two Japanese military surveillance aircraft to help it patrol vital sea lanes in the South China Sea, despite Manila’s increasingly conciliatory stance to Beijing’s claims over the disputed waters. Japan will lease a total of five surplus Beechcraft TC-90 planes to the Philippines, according to Manila’s defence secretary Delfin Lorenzana. Philippine military chief General Eduardo Ano said the […]
President Trump is reportedly creating a new position for his son-in-law and senior adviser Jared Kushner. The newly formed White House Office of American Innovation will leverage business ideas and potentially privatize some government functions, according to Reuters, as Kushner says: “The government should be run like a great American company. Our hope is that we can achieve successes and efficiencies for our customers, who are the […]
Following a car accident involving one of its self-driving cars, Uber is officially pulling out its autonomous testing program in Arizona, in addition to pausing its Pittsburgh test bed. This is the latest for a company currently facing a diverse set of controversies: from workplace sexism to Kalanick’s perceived lack of leadership to pressing accounts of its noxious office culture. Uber’s Self-Driving Car Crashes In a photo first […]
