NPR's Ari Shapiro talks with Gabriel Zucman, author of The Hidden Wealth of Nations, about the leaked Panama papers and what they say about the practice of hiding money offshore worldwide. He's estimated that up to 8 percent of the world's financial wealth is hidden away.
Fallout continues Monday after a massive leak of documents from the law firm Mossack Fonseca revealed hundreds of offshore financial accounts. Investigative journalists with access to the documents say they expose companies held by 140 politicians and public officials, including the prime ministers of Iceland and Pakistan.
A huge trove of documents leaked from a large Panamanian law firm is shedding light on the global business of tax avoidance. The papers reveal that large numbers of world leaders, athletes and movie stars hired the firm to set up shell corporations and offshore accounts with the aim of hiding their money. Regulators around the world say they will use the document dump to pursue illegal activity.
The journey our food takes from farm to fork can be fascinating. But from eating organic to genetically modified, local or seasonal, what food is best for individuals, communities and the environment?