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