Global News and Analysis

Source: The Guardian Unlimited

Guardian analysis of leaked papers will show how influential people including heads of government have exploited tax havens

The hidden wealth of some of the world’s most prominent leaders, politicians and celebrities has been revealed by an unprecedented leak of millions of documents that show the myriad ways in which the rich can exploit secretive offshore tax regimes.

The Guardian, working with global partners, will set out details from the first tranche of what are being called “the Panama Papers”. Journalists from more than 80 countries have been reviewing 11.5m files leaked from the database of Mossack Fonseca, the world’s fourth biggest offshore law firm. read more

Source: Frontline

Interview with Jill Stein, Green Party candidate for the U.S. presidency. By VIJAY PRASHAD

DR JILL STEIN IS RUNNING FOR THE UNITED States presidency on the Green Party ticket. This will not be her first attempt. In 2012, Jill Stein’s Green Party ticket—with Cheri Honkala, the advocate for the homeless—won half a million votes. But running on a “third party” ticket in the U.S. is not easy. The two major parties, Democratic and Republican, keep a firm hold on the political process. It is hard to get on the ballot in all 50 States of the U.S., and it is impossible to join the candidates of the two major parties at their presidential debates. In fact, when Jill Stein and Cheri Honkala tried to enter the debate venue in New York during the 2012 election, they were both arrested. But arrests are not unusual for Jill Stein. During the 2012 election, she was arrested at a Philadelphia sit-in against home foreclosures and she was arrested while offering support to environmental activists in Texas who had camped out against the Keystone XL pipeline. Activism is the measure of Jill Stein’s politics. read more

Source: The Guardian Unlimited

Why has the basic logic of austerity been accepted by everyone? Because solidarity has come to be viewed as a scourge

“What I can’t understand is, why aren’t people rioting in the streets?” I hear this, now and then, from people of wealthy and powerful backgrounds. There is a kind of incredulity. “After all,” the subtext seems to read, “we scream bloody murder when anyone so much as threatens our tax shelters; if someone were to go after my access to food or shelter, I’d sure as hell be burning banks and storming parliament. What’s wrong with these people?” read more

Source: The Intercept

Erik Prince, founder of the now-defunct mercenary firm Blackwater and current chairman of Frontier Services Group, is under investigation by the U.S. Department of Justice and other federal agencies for attempting to broker military services to foreign governments and possible money laundering, according to multiple sources with knowledge of the case.

What began as an investigation into Prince’s attempts to sell defense services in Libya and other countries in Africa has widened to a probe of allegations that Prince received assistance from Chinese intelligence to set up an account for his Libya operations through the Bank of China. The Justice Department, which declined to comment for this article, is also seeking to uncover the precise nature of Prince’s relationship with Chinese intelligence. read more

Source: TomDispatch

This piece has been adapted from Adam Hochschild’s new book, Spain in Our Hearts: Americans in the Spanish Civil War, 1936-1939.

“Merchants have no country,” wrote Thomas Jefferson in 1814. “The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains.” The former president was ruing the way New England traders and shipowners, fearing the loss of lucrative transatlantic commerce, failed to rally to their country in the War of 1812. read more