Links – April 4, 2016

Eleven and a half million documents stolen from the law firm Mossack Fonseca and put on line. Two early stories based on the documents are here and here. There will be more to come. Mossack Fonseca specializes in helping people to hide large amounts of money through offshore shell companies and other means. Here’s an FAQ. The president of Iceland has resigned over the exposure of his company. Ukrainian President Petro Poroshenko and Russian President Vladimir Putin figure in the revelations. Photo: Panama City, where Mossack Fonseca is located.  Read More

Links – January 16, 2016

Today will probably be Implementation Day in the Iran nuclear agreement. Jim White has pulled the relevant sections from the Joint Comprehensive Plan of Agreement. There will be many news stories. The short version is that Iran has, much more quickly than I expected, disassembled its easy pathways to a bomb and opened up for intensive IAEA inspections in return for lifting of a great many sanctions. This will depress the price of oil, as Iranian oil comes on the markets.

Update (10:30 am, MST): Iran has released 4 American prisoners, in exchange for the release of 7 Iranian prisoners in the US. Below the fold: Relevant documents and news reports on Implementation Day, which came in just under the wire, Vienna time.

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Links -November 24, 2015

A Turkish F-16 shot down a Russian SU-24 bomber. Rumors and videos are circulating. It’s not clear whether the pilots are alive or not. Vladimir Putin made a statement linking Turkey with ISIS and claiming a “stab in the back.” A number of videos circulating on social media are from earlier incidents. This story is developing. The New York Times and Washington Post are probably the most reliable sources for summaries for the next day or so. And no, World War III is not about to begin. Russia and Turkey have too many commercial interests in common. Putin’s statement does not mention military reprisals. Photo: CNN Read More