The Pandora Papers documents — more than 11.9 million records from 14 offshore entities, including law and wealth-management firms — illuminate a hidden world that has allowed government leaders, a monarch, billionaires and criminals to shield their assets.

"The fact that so many households depend on rising home equity gains to generate wealth for their families speaks to the failure of our “financialized” economy, where money is increasingly made from holding or inheriting assets alone, not productive, collaborative, and meaningful work. If we are to truly fix Canada’s housing system, we need to wean households off their growing reliance on the inflation of asset prices."

capital markets bending to the will of the Chinese Communist Party
"From an investment perspective, fund managers that are sticking with China say that their strategy is to try to look past the political noise to identify sectors that are aligned with the Communist party’s stated aims"

The China proposal reflects the priority Burns laid out during his Senate confirmation hearing in February. The veteran diplomat called China’s “adversarial, predatory leadership” the biggest threat to the U.S., saying Beijing’s goal is to “replace the United States as the world’s most powerful and influential nation.”

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"Since the Qing dynasty collapsed in 1911, there have been only two peaceful transitions of power, both under Communist rule. The first was that from Jiang Zemin to Hu Jintao in 2002, and from Hu to Xi in 2012."

Afghanistan does not mark the end of the American era; the challenge to its global standing is political polarisation at home, says a foreign-policy expert | By Invitation