International

Thursday, April 7th 2016 - 09:32 UTC
Infantino 'dismayed' with doubts about his integrity referred to Panama Papers; 'sad day for journalism'

FIFA's Gianni Infantino says he is “dismayed” that his integrity is being doubted after he was revealed to have signed off a TV rights contract with two businessmen who were later indicted in the U.S. for bribery in FIFA’s corruption scandal.
Thursday, April 7th 2016 - 09:20 UTC
MSC Cruises orders four more ships from French shipyard STX in 3.6bn Euro deal

French shipyard STX has secured an order for up to four more ships from MSC Cruises, in a 3.6 billion-Euro (US$4.1 billion) deal announced on Wednesday. MSC Cruises, part of privately owned shipping group MSC, has in recent years been the main customer for STX France, which is based at the Atlantic port of Saint-Nazaire.
Thursday, April 7th 2016 - 09:03 UTC
Venezuela becomes strong client of millions of barrels of US WTI crude

Venezuela's PDVSA will discharge in the coming days its first cargo of U.S. crude bought from British BP, who along with China Oil was awarded a tender to supply the state-run company with some 8 million barrels in the second quarter, traders close to the deal revealed on Wednesday.
Thursday, April 7th 2016 - 08:49 UTC
Britain's choice: economic security with the EU, or a leap into the dark

By PM David Cameron - Prime Minister David Cameron wrote an article on the UK's economic security within the EU for The Telegraph. Imagine a world where a British airline wasn’t allowed to fly between Rome and Paris; where British farmers were slapped with a tariff if they wanted to export more beef to Europe; and where great British telecoms companies and car manufacturers faced new barriers when trying to sell their goods and services to customers in Europe.
Thursday, April 7th 2016 - 06:52 UTC
Panama Papers shows shell companies prevail despite G20 announced efforts

The leak of 11 million documents from a Panama-based law firm offers a glimpse into the shadowy world where the rich and powerful hide their money, raising sharp questions about the use of shell companies that obscure the identities of their true owners, even if they aren’t illegal by themselves.
Thursday, April 7th 2016 - 06:34 UTC
BOTs reaffirm self-governance and self-determination in reply to MP Corbyn's comments

British Overseas Territories said they hoped that the Labour Party and other parties in the UK Parliament will remain consistent in their support for the self-governance and self-determination of the people of the BOTs and their continued growth and development.
Wednesday, April 6th 2016 - 07:57 UTC
Obama on Panama Papers: “a lot of it is legal, but that's exactly the problem”

United States President Obama hailed new Treasury Department rules cracking down on corporate tax inversions Tuesday, calling the practice of merging with a foreign company to escape U.S. taxes “one of the most insidious tax loopholes out there.”
Wednesday, April 6th 2016 - 07:39 UTC
Labor leader Corbyn says UK should consider “direct rule” on overseas territories acting as tax havens

Pressure mounted on Prime Minister David Cameron on Tuesday to impose “direct rule” on British overseas territories after several of them figured as tax havens in the leaked Panama Papers that have caused ripples around the world.
Wednesday, April 6th 2016 - 07:23 UTC
Panama Papers: Head of Chile's Transparency International has to step down

In another unexpected to come from this Panama Papers scandal, the head of the Chile office of the corruption watchdog group Transparency International has resigned after his name appeared in the data leak.
Wednesday, April 6th 2016 - 07:12 UTC
Baroness Scotland becomes first woman Secretary General of the Commonwealth

Dominica-born Baroness Patricia Scotland began this week her job as Commonwealth Secretary-General, pledging to focus on several issues of concern to the Caribbean, including dealing with violence against women and the effects of climate change.