Tags: United States

The European Union pledged to impose sanctions against Panama and other tax havens if they fail to cooperate with investigations on money laundering and tax evasion.

The Panama Papers is said to be the plot of the United States to weaken Russia, says President Vladimir Putin. The massive tax leak documents claim that aides close to the Russian president have offshore dealing to evade tax.

The debt crisis of Argentina will soon end as the country agreed on a $250 million deal with its holdout creditors. The deal will put an end to the long-running case that's been affecting the country's economy.