The main source of these revelations of money laundering are the Panama Papers — documents leaked from the Panamanian law firm Mossack Fonseca that were made public in April 2016. The documents showed how Mossack Fonseca helped its clients to launder money. A number of investigative journalists, the investment banker Bill Browder, and the US Treasury keep digging, and they find ever more. As it is being laundered, money is increasingly funneled from illegal sources to banks with good reputations.
The three high-profile elections in Latin America made up “one of our very first big test cases” for new measures meant to limit the spread of false information on Facebook, Harbath said at the Atlantic Council in Washington on March 28. But while Facebook has had some success in limiting harmful activity on its platform, Harbath explained “we have to have different solutions for all of our different platforms.”
Former US President Lyndon B. Johnson bequeathed two definitive political lessons: learn to count and don’t tell the world you’re quitting. British Prime Minister Theresa May sought to prove on March 27 that she had finally learned the first lesson, only to demonstrate she had palpably failed to understand the second.
She intimated that she would stand down as prime minister as soon as Britain left the European Union in a bid to win back support in her own fiercely divided Conservative Party, a last gasp gamble which, if it succeeds could see Britain leave the EU and May leave her office at No 10 Downing Street on the same day: May 22.
US President Donald J. Trump created ripples when he said on August 30, 2018, that if the World Trade Organization (WTO) doesn’t “shape up, I would withdraw from the WTO.” Trump’s comments highlighted growing complaints against the WTO — voiced most loudly by the Trump administration, but shared to various extents by other countries. Eventually, the Group of Twenty (G-20) Summit in Buenos Aires agreed on December 1, 2018, to start discussing WTO reform, with progress to be reviewed at the next G20 Summit in Osaka in June 2019.
But significant differences remain in countries’ views of the WTO’s problems and the necessary remedies. Several reform proposals have been floated by various groups of countries, only to be promptly rejected by others. Since agreement is based on consensus of all 164 members of the WTO, progress is highly unlikely any time soon.
The transatlantic alliance, a pillar of the post-World War II international order, is living through difficult times. Many of the current tensions between the United States and Europe — though certainly not all — have been caused by US President Donald J. Trump’s statements and policies. By considering the withdrawal of the United States from NATO, imposing tariffs on European imports, calling the European Union (EU) a “foe,” and reneging on his commitment to keep US troops in Syria, Trump has not only sparked tensions between the United States and its European allies, he has also triggered concerns over whether he would honor Washington’s security commitment toward them. At the very least, he lacks the trust of large parts of the European public to do the right thing on the international stage.
The United States would need to “reconsider” how it shares critical information with its allies if they adopt fifth-generation wireless technology (5G) offered by Chinese telecom giant Huawei, US Undersecretary of Defense for Acquisition and Sustainment Ellen Lord said at the Atlantic Council in Washington on March 25.
“If our allies and partners go with a Huawei solution, we need to reconsider how we share critical information with them because we want to make sure that that is secure information,” Lord said.
The immediate result of the parliamentary votes on March 25 is that the House of Commons will debate a series of possible options for Britain’s future relations with the European Union (EU). These debates will start on March 27 and may well continue the following Monday. (It will not have escaped our keen-eyed readers that the following Monday is, of course April 1, better known as All Fools’ Day).
Politics and people have existed in separate domains in Kazakhstan, but on March 19, politics made an unexpected return into the lives of ordinary people when Kazakh President Nursultan Nazarbayev made a surprising announcement about his decision to resign with immediate effect.
While people were still processing this news (the seventy-eight-year-old Nazarbayev had ruled Kazakhstan for almost thirty years), they were informed that Kazakhstan’s capital, Astana, was to be renamed Nur-Sultan in Nazarbayev’s honor. Parliament quickly approved the initiative put forward by acting President Kassym-Jomart Tokayev, who previously served as chairman of the Senate.