World leaders scramble to limit ‘Pandora Papers’ damage – Manila Bulletin

NEW YORK, United States — World leaders were on the defensive on Monday after the release of millions of documents detailing how heads of state use offshore tax havens to stash assets worth hundreds of millions of dollars. AFP/ MANILA BULLETIN Thirty-five current and former leaders are featured in roughly 11.9 million documents leaked from financial services companies that include reports of luxury mansions on the French Riviera and in Monte Carlo and California. The so-called “Pandora Papers” were obtained by the International Consortium of Investigative Journalists (ICIJ) and released…

U.S. aims for China-Vietnam split, but ‘divide and conquer’ strategy is failing – People’s World

A Vietnamese girl holds Vietnamese and Chinese flags prior to the arrival of Chinese President Xi Jinping for a visit to Hanoi in November 2017. | Hoang Dinh Nam / Pool Photo via AP One of the oldest military and political strategies known to humanity is “divide and conquer,” which can be traced back to ancient Macedonia. In modern times, Nixon’s Secretary of State, Henry Kissinger, successfully used it to play China and the USSR off against each other to the advantage of the United States. Lately, the U.S. government…

Tropical cyclone to develop, bringing thunderstorms

Thunderstorms to come in the weekend as a tropical cyclone is expected to develop over the South China Sea in the middle of this week and will edge closer to the coast of Guangdong. The Hong Kong Observatory said a broad area of low pressure is expected to develop gradually into a tropical cyclone over the central and northern parts of the South China Sea in the middle and later parts of this week, edging close to the Guangdong coast. The northeast monsoon will affect southern China in the later part of…