Midweek Roundup: Governments Promise More Action on Panama Leaks, Brazil’s Rousseff Vows to Fight Impeachment, and More

The European Parliament will consider a proposal on Thursday to form a special committee tasked with investigating allegations that a massive data leak from Panama City-based law firm Mossack Fonseca shows widespread abuse of offshore companies, EurActiv reported. More Foreign investors are increasingly using shell companies to purchase luxury real estate in the United States, according to the Washington Post, which cited data leaked from Mossack Fonseca. Limited liability companies purchased a majority of the property worth more than $3 million that was sold in the last quarter of 2015. More Sadiq Khan, the Labour party candidate in London's mayoral...