The Panama Papers, Landslide Danger
Monday, April 4, 2016
Vol. 5, No. 95
The Panama Papers: The hidden wealth of politicians, the rich, and famous around the world has been revealed in a leak of financial documents coming out of Panama. What’s been dubbed “The Panama Papers” were given to multiple news outlets.
Britain’s The Guardian reports that, although Russian President Vladimir Putin is not mentioned, the papers reveal a network of his friends and cronies who’ve gotten rich through a $2 billion web of loans and financial deals. Russia analysts say Putin’s circle couldn’t get rich with his approval, and without him getting a piece of the action. Some estimates put Putin’s wealth at as much as $40 billion, but the US believes everything he owns is through proxies and his name is not on anything.
Among other national leaders with offshore wealth are Nawaz Sharif, Pakistan’s prime minister; Petro Poroshenko, president of Ukraine; Alaa Mubarak, son of Egypt’s former president; and the prime minister of Iceland, Sigmundur Davíð Gunnlaugsson.
Also revealed were the records of the families of at least eight current and former members of China’s ruling politburo
Nation: Light snow followed by high winds left at least 200,000 people without power yesterday in the greater New York City area. The damage stretched all the way to Maine, but hardest hit were New York, New Jersey and Pennsylvania. It’s snowing in parts of the East again today.
Hoop Dreams: The UConn women easily put away Oregon State to rack up their 74th consecutive win and another spot in the NCAA final. No. 4 Syracuse crushed Washington to set the women’s final pairing for Tuesday.
No. 2 Villanova plays No. 1 North Carolina for the men’s title tonight.
Five Rings: In the midst of political upheaval, political corruption scandals, a failing economy, and Zika virus, Brazil has another problem. Tickets to this summer’s Olympics aren’t selling. Also, as always, there’s concern that the facilities won’t be built on time. Brazil’s sports minister is talking about creative ways to pack the seats, even giving tickets to school children.
Landslide Territory: The NY Times reports that, even six months before the general election, prospects look so dim for a Donald Trump that the Republicans will be struggling to hold on to states such as Utah that are usually a given. The paper says, “Mr. Trump has become unacceptable, perhaps irreversibly so, to broad swaths of Americans, including large majorities of women, nonwhites, Hispanics, voters under 30 and those with college degrees — the voters who powered President Obama’s two victories and represent the country’s demographic future. All view him unfavorably by a 2-to-1 margin,” according to a recent New York Times/CBS News poll.
That’s Entertainment: Appearing on CNN’s Reliable Sources, Huffington Post founder Arianna Huffington defended her website’s oppositional coverage of Donald Trump. She said, “We think that he’s a little bit like Kim Jong-un. He’s both a buffoon, and he’s dangerous. So, we started covering him as a buffoon, until the day when he proposed that we ban 1.6 billion Muslims from entering the United States. From that point on, we started covering him as a clear and present danger, with an editor’s note at the end of each story.”
The Obit Page: Joseph Medicine Crow, a Native American historian often described as the last living Plains Indian war chief, has died at age 102. As a historian, Medicine Crow was an expert on the Battle of the Little Big Horn, which happened 37 years before he was born. As a war chief of the Crow tribe, he never rode against the US Cavalry, but he fought against the Germans in World War II.
Exclusive!: Britain’s Hello! Magazine has had to retract an “exclusive” interview and apologize to actor George Clooney because the interview never took place. The so-called exclusive was a compilation of old quotes and fictitious material that Hello! bought from what they described as a trusted independent agent.
Clooney likes journalists — at least the good ones — because his father was a reporter. But he’s suffered some abuse at the hands of the press. He said in a statement, “In my experience, being misquoted is not unusual but to have an ‘exclusive interview’ completely fabricated is something new. And a very disturbing trend.”
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