A new set of rules will be imposed by the U.S Treasury Department to prevent U.S companies from practicing earning stripping. U.S companies often engage on these practices to prevent the high taxation rate of the United States.
Governor Jerry Brown of California and Andrew Cuomo of New York already signed the bill that would increase the minimum wage of workers to $15 per hour. Both states will be considered the very first large states to enact such law.
Brazil's Attorney General Jose Eduardo Cardozo believes that the impeachment case against President Rousseff is illegal. Cardozo points out that the case is politically motivated and is just an attempt to discredit the president.
Ramon Fonseca, a co-founder of the Mossack Fonseca, rejects the money-launder label following documents leak.
