EU threatens to put sanctions on Panama, other tax havens
In the wake of the scandal that erupted from the Panama Papers, the European Union has threatened to sanction countries like Panama if they continue to refuse to cooperate to prevent money laundering and tax evasion. The leak of 11.5 million files from the Panama-based law firm Mossack Fonseca continues to create turmoil around the […]
No clarity on FS talks, Pakistan’s envoy’s remarks fuel confusion
Pakistan High Commissioner Abdul Basit’s comments on the suspension of the peace process with India has accentuated confusion, with Pakistan’s foreign ministry clarifying that the two sides are working out the modalities for reviving engagement.