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Parliamentary Watchdog Will Not Be Investigating Cameron’s Tax Affairs

The tax affairs of British Prime Minister David Cameron will not be investigated by the parliamentary standards watchdog, after it emerged he had profited from an offshore trust. The Parliamentary Commissioner for Standards, Kathryn Hudson, announced she has decided not to investigate the matter but her office refused to give a reason why. ‘Dodgy Daves’ tax affairs came under scrutiny after the Panama Papers leak revealed his late father ran an offshore investment fund.

Frontrunning: April 21

  • World stocks gain along with oil, clock ticks down to ECB (Reuters)
  • Draghi Expected to Defend ECB in Face of German Criticism (WSJ)
  • Trump, Cruz, Kasich seek to win over Republican leaders at party meeting (Reuters)
  • Donald Trump Plans to Adopt More-Traditional Campaign Tactics (WSJ)
  • Japan, Not Germany, Leads World in Negative-Yield Bonds (BBG)
  • Obama starts talks with Gulf leaders aimed at easing strains (Reuters)
  • Soros: China Looks Like the US Before the Crisis (BBG)

Britain’s New Libya Plan Shrouded in Secrecy

British prime minister David Cameron has come under renewed pressure to reveal details of possible UK military action in Libya after it emerged that a number of British special forces troops had already been operating in the country since January. EU ministers are holding a special meeting on Monday evening to discuss sending police and border forces to the North African country. The British Foreign Secretary Philip Hammond also paid an apparent unannounced visit to Tripoli in a show of support for the country’s new UN-backed government.

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