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Panama has taken "substantial steps" to tackle tax evasion after last year's leak of millions of documents from offshore law firm Mossack Fonseca revealed the nation's role as a global enabler of illicit financial flows, an international economic body said. The Organization for Economic Cooperation and Development, or OECD, lifted Panama's global financial transparency ratings from "non-compliant" to "largely compliant" Wednesday following improvements to its financial information sharing, regulatory supervision and record keeping. The OECD said its fast-track assessment of some of the worst-performing nations showed that Panama had made efforts to address many shortcomings since its last evaluation in...