Monday, April 11, 2016

Daily Headlines: April 11, 2016

* Panama: As part of Panama’s campaign to save face in light of the “Panama Papers” leak, President Juan Carlos Varela in a New York Times op/ed piece tried to shift attention towards tax evasion as a “global problem.”

* Latin America: The Inter-American Development Bank anticipates a 0.3% contraction of the Latin American regional economy in 2016 and weak growth in the next few years.

* Argentina: Former Argentine President Cristina Fernandez de Kirchner might be charged in relation to an investigation into alleged money laundering.

* Puerto Rico: Gov. Alejandro Garcia Padilla ordered emergency financial measures aimed at preventing a default on a debt payment scheduled for May 1st.

YouTube Source – AFP (Over the weekend “police raided the El Salvador offices of the Panama-based law firm at the heart of the Panama Papers scandal that has revealed how the wealthy in many countries stashed their riches offshore”.)

Online Sources – Reuters, MercoPress, The Economic Times, Bloomberg, The Latin Americanist

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