April 2016: The Panama Papers Stun the World of Finance
Updated February 11, 2017 | Infoplease Staff
Here's a slideshow depicting the major world news events of April 2016.
1. Panama Papers 2. Secretary Kerry Visits Japan 3. Cease-Fire in Yemen 4. Syrian Parliamentary Elections 5. Volodymyr Groysman Elected Ukrainian Prime Minister 6. Pope Francis Visits Refugees 7. Impeachment of Dilma Rouseff 8.Obama Sends Troops to Syria 9. Saudi Economic Development Plan 10. Airstrike on Syrian Hospital
- The Panama Papers Stun the World of Finance
- On April 3, the world first heard a new term, "Panama Papers," referring to millions of confidential documents that were leaked from a Panama-based law firm, Mossack Fonseca. The Panama Papers reveal details of how some of the globe's richest people funnel their assets into secretive shell companies set up in lightly regulated jurisdictions. Here, Panama's Deputy Foreign Minister Luis Hincapie announces that President Juan Carlos Varela will meet with various foreign ambassadors and will address the nation later in the day in Panama City, Wednesday, April 6, 2016.
- Photo source: AP Photo/Arnulfo Franco