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Iceland’s Prime Minister Resigns After Panama Papers Leaks

Iceland PM resignsIceland’s embattled prime minister, Sigmundur Davíð Gunnlaugsson, has tendered his resignation in the wake of a mounting political crisis over his family’s offshore investments, local media have reported.

The agriculture and fisheries minister, Sigurður Ingi Jóhannsson, told state broadcaster RUV that Gunnlaugsson was resigning as prime minister and that he would be replacing him.


Islamist rebels shoot down Syrian warplane, capture pilot: monitor

Syrian plane shot downIslamist rebels shot down a Syrian warplane and captured its pilot on Tuesday in an area south of Aleppo where insurgents are battling the Syrian army and allied militias, a monitoring group said.

Syria's military confirmed that a plane on a reconnaissance mission had been shot down and said it was hit by a surface-to-air missile. The pilot had bailed out and efforts were underway to rescue him, it said.


Armenia and Azerbaijan call Nagorno-Karabakh ceasefire

cease fire between Armenia and AzerbaijanAt least 46 people were killed in three days of fighting over the disputed Nagorno-Karabakh [AP]

Azerbaijan and Armenia said they were halting hostilities after four days of intense fighting between them that had prompted warnings the conflict could spiral into all-out war.


Thousands call for Iceland PM to resign after Panama Papers leak

Thosamds call for Icelend PM to resignThousands turned out to protest Iceland's prime minister outside parliament in Reykjavik, a day after the release of the massive Panama Papers leak.

One early protester was arrested for throwing skyr —an Icelandic dairy product with the consistency of yogurt— at the house of parliament, according to the Iceland Monitor. The protests started at 5 p.m. local time.


The Panama Papers: 'Biggest Leak in History' Exposes Global Web of Corruption

Psnsms Papers leakedAn anonymous source, an enormous cache of leaked documents, and a year-long investigative effort by around 400 journalists from more than 100 media organizations in over 80 countries have yielded the Panama Papers, an unprecedented look at how the world's rich and powerful, from political leaders to celebrities to criminals, use tax havens to hide their wealth.

The investigation went live on Sunday afternoon.

German newspaper Süddeutsche Zeitung wrote:

Over a year ago, an anonymous source contacted the Süddeutsche Zeitung (SZ) and submitted encrypted internal documents from Mossack Fonseca, a Panamanian law firm that sells anonymous offshore companies around the world. These shell firms enable their owners to cover up their business dealings, no matter how shady.


Hospital Funds Diverted to Villa of Cardinal Tarcisio Bertone

Cardinal sppends hospital funds on private villaIt is hard to imagine two men more different than frugal Pope Francis and the Vatican’s former spendthrift secretary of state Cardinal Tarcisio Bertone. The Pope lives in a spartan 750-square-foot apartment inside the Vatican’s modest Santa Marta guesthouse. Cardinal Bertone, meanwhile, is caught up in a spending scandal surrounding lavish renovations for his penthouse apartment nearly 10 times that size.

Bertone—who served in the Vatican’s No. 2 position as secretary of state from 2006 until Francis essentially retired him in 2013—decided to combine two vacant Vatican-owned rooftop apartments for himself and his three service nuns at an estimated cost of around half a million euro, which was discounted by 50 percent, according to official estimates published by the Italian newspaper Il Tempo.


Palmyra: 'Mass grave' in recaptured Syrian city

Palmyra mass graveSyrian troops have found a mass grave containing about 40 bodies in the city of Palmyra following its recapture from the Islamic State (IS) group, state news agency Sana reports.

The grave containing the bodies of men, women and children was uncovered on the north-eastern edge of the city. Some had been beheaded while others had been shot, a military source told AFP.


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