April 3, 2015

Top News Stories –

World Twenty20: West Indies beat England to claim second title –
Carlos Brathwaite hit the first four balls of the final over for six as West Indies stunned England to win the World Twenty20. West Indies, who were 11-3 in pursuit of England’s 155-9, needed 19 off the final over to win and did it in style. Marlon Samuels’ 85 not out kept them in contention before Brathwaite’s match-winning blitz off Ben Stokes. Joe Root scored 54 for England but nothing could stop the Windies joining their women as World T20 champions. In the process, the West Indies also became the first two-time winners of the men’s World Twenty20. [BBC]

Panama Papers: Mossack Fonseca leak reveals elite’s tax havens –
A huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth. Eleven million documents were leaked from one of the world’s most secretive companies, Panamanian law firm Mossack Fonseca. They show how Mossack Fonseca has helped clients launder money, dodge sanctions and evade tax. The company says it has operated beyond reproach for 40 years and has never been charged with criminal wrong-doing. The documents show links to 72 current or former heads of state in the data, including dictators accused of looting their own countries. Gerard Ryle, director of the ICIJ, said the documents covered the day-to-day business at Mossack Fonseca over the past 40 years. “I think the leak will prove to be probably the biggest blow the offshore world has ever taken because of the extent of the documents,” he said. [BBC]

Video of the Day –

How to hide a billion dollars | The Panama Papers

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  • The Associated Press reports a government-sponsored committee of 27 companies/trade associations, set up by the U.S. FAA in February, on Friday submitted recommendations that could clear the way forcommercial drone flights over populated areas, and help speed the introduction of package delivery drones. (AP)
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