China took control of an Italian military drone maker without authorities knowing it, report says

Two Chinese state firms took control of an Italian military drone maker in 2018 via an offshore company — without the knowledge of authorities in Italy and Europe, the Wall Street Journal reported. Italian police traced the purchase of 75% stake in Alpi Aviation to China Railway Rolling Stock Corp — a state-owned rail companyContinue reading “China took control of an Italian military drone maker without authorities knowing it, report says”

Chilean president Piñera impeached over Pandora papers revelations

Lower house approval vote sets up trial in Chile’s senate Papers revealed offshore dealings of conservative president Chile’s President Sebastián Piñera has been impeached by the lower house of congress, setting up a trial in the nation’s senate over allegations he favored the sale of a family property while in office. The vote to impeach passed withContinue reading “Chilean president Piñera impeached over Pandora papers revelations”

Dozens arrested as Indigenous people lead mass Ecuador protests

Demonstrators are unhappy at the economic policies of the country’s conservative president and want fuel price hikes reversed. As dawn broke in the early hours of October 26, Ecuador’s Indigenous communities had already started the most recent “paro nacional”, or national shutdown in English, by bringing main transit arteries to a halt in the countrysideContinue reading “Dozens arrested as Indigenous people lead mass Ecuador protests”

Biden to meet Kenya president as war roils nearby Ethiopia

President Joe Biden is set to hold his first one-on-one, in-person talks as president with an African leader on Thursday, hosting Kenyan President Uhuru Kenyatta as war and a humanitarian crisis roil neighboring Ethiopia, according to the White House. The Oval Office talks come just weeks after Biden signed an executive order threatening to levyContinue reading “Biden to meet Kenya president as war roils nearby Ethiopia”

Pandora Papers: Qatar ruling family avoided £18.5m tax on London super-mansion

The Qatar ruling family bought two of the UK’s most expensive houses in a deal that allowed them to avoid £18.5m in stamp duty, leaked documents show. The family bought the properties in central London via offshore companies for over £120m and applied to make them into a 17-bedroom “super-mansion”. There is no suggestion thatContinue reading “Pandora Papers: Qatar ruling family avoided £18.5m tax on London super-mansion”

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