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Ukraine President Poroshenko Responds To Money Laundering Allegations

Ukraine President Poroshenko Responds To Money Laundering Allegations

While much of the media has been focusing on the Panama Papers allegations surrounding "close friends" of Russian president Vladimir Putin, one person who has been directly named as implicated in offshore tax scandal is Ukraine's billionaire president, Petro Poroshenko.

This is what the ICIJ had to say about this specific involvement:

ISIS In Europe: How Deep Is The "Gray Zone"?

ISIS In Europe: How Deep Is The "Gray Zone"?

Submitted by Giulio Melli via The Gatestone Institute,

  • Among young European Muslims, support for suicide bombings range from 22% in Germany to 29% in Spain, 35% in Britain and 42% in France, according to a Pew poll. In the UK, one in five Muslims have sympathy for the Caliphate. Today more British Muslims join ISIS than the British army. In the Netherlands, a survey shows that the 80% of Dutch Turks see "nothing wrong" in ISIS.

Japanese Traders Are Getting Angry: "The BOJ Is Destroying The Functioning Of The Market"

Japanese Traders Are Getting Angry: "The BOJ Is Destroying The Functioning Of The Market"

Back in the summer of 2014, when the ECB first unveiled NIRP, many were concerned that this submersion into the monetary policy twilight zone would first crush Europe's money markets. However, at least until now, European MM funds have proven relatively resilient,

The story in Japan is different.

When the Bank of Japan announced they were instituting NIRP back in January, they intended to spur lending and push inflation up. As often is the case with central planners, their academic theory was much different than the economic reality.

Frontrunning: April 4

  • Ties between Germany and Russia enter new chill (Reuters)
  • Tax authorities begin probes into some people named in Panama Papers leak (Reuters)
  • SEC investigates ex-JPMorgan debt traders (FT)
  • Who Will Win Wisconsin? Here Are Six Credible Predictions (BBG)
  • Victim in Wall St. Scheme Was a Classmate of Its Accused Architect (NYT)
  • Makers took big price increases on widely used U.S. drugs (Reuters)
  • Fed’s New Bank Critic Keeps Heat On (WSJ)
  • Biggest Ever Saudi Overhaul Targets $100 Billion of Revenue (BBG)

Germany To Greece: No Debt Relief For You

Whether or not the IMF intended to use a Greek credit event to destabilize Europe as the Greek government first alleged, or whether this was "nonsense" as Lagarde responded to Tsipras letter, is irrelevant - ultimately the underlying premise was whether or not Greece gets debt relief, something the IMF has been insisting on since the third bailout package. And as is well-known, it was Germany - not Greece - that stood in the IMF's way.

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