panama

Panama Canal expansion exposes U.S. infrastructure, shipper woes

The Bayonne Bridge outside New York and New Jersey terminals is too low. Delayed port fixes, a freighter glut and a wobbly global economy mean that, in the short term, the benefits of the expanded waterway along

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Panama Canal expansion exposes U.S. infrastructure, shipper woes

panama

Panama raids Mossack Fonseca property, seizes shredded papers

Panamanian investigators on Friday raided a property used by Mossack Fonseca, the law firm at the center of a massive leak of offshore financial data, removing bags full of shredded documents as evidence, a local prosecutor said. “We have secured a large amount of evidence found in the location,” said organized crime investigator Javier Caraballo. In a statement, Mossack Fonseca said it had digitized all its documents and that the shredded papers taken from its premises were bound

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Panama raids Mossack Fonseca property, seizes shredded papers

panama

Swiss police raid UEFA as Panama Papers scandal spreads

ZURICH/REYKJAVIK, (Reuters) – Swiss police raided the European soccer body UEFA on Wednesday to seize information about a contract disclosed in the Panama Papers that was signed by Gianni Infantino, now head of the global soccer body FIFA. The impact of the leaked documents from a Panamanian law firm is snowballing, with Iceland facing a political crisis after its prime minister stepped aside on Tuesday following revelations about his wife's finances. Recently elected Infantino joined a growing list …

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Swiss police raid UEFA as Panama Papers scandal spreads