Dorian developed from a tropical wave on August 24 over the Central Atlantic. The storm moved through the Lesser Antilles and became a hurricane north of the Greater Antilles on August 28. Dorian proceeded to undergo rapid intensification over the following days to reach its peak as a Category 5 hurricane with one-minute sustained winds of 185 mph (295 km/h) and a minimum central pressure of 910 millibars (26.87 inHg) by September 1. It made landfall in the Bahamas in Elbow Cay, just east of Abaco Island, and again on Grand Bahama several hours later, where it remained nearly stationary for the next day or so. After weakening considerably, Dorian began moving northwestward on September 3, parallel to the east coast of Florida. Dwindling in strength, the hurricane turned to the northeast the next day and made landfall on Cape Hatteras at Category 2 intensity on September 6. It transitioned into an extratropical cyclone before striking first Nova Scotia and then Newfoundland with hurricane-force winds on September 8. It finally dissipated near Greenland on September 10.
"The most obvious use of offshore financial centers is to avoid taxes", The Economist added. Oxfam blamed tax havens in its 2016 annual report on income inequality for much of the widening gap between rich and poor. "Tax havens are at the core of a global system that allows large corporations and wealthy individuals to avoid paying their fair share," said Raymond C. Offenheiser, president of Oxfam America, "depriving governments, rich and poor, of the resources they need to provide vital public services and tackle rising inequality."
More InfoInitial reports identified five then-heads of state or government leaders from Argentina, Iceland, Saudi Arabia, Ukraine, and the United Arab Emirates as well as government officials, close relatives, and close associates of various heads of government of more than forty other countries. Names of then-current national leaders in the documents include President Khalifa bin Zayed Al Nahyan of the United Arab Emirates, Petro Poroshenko of Ukraine, King Salman of Saudi Arabia, and the Prime Minister of Iceland, Sigmundur Davíð Gunnlaugsson.
More InfoMossack Fonseca, required by international banking standards to avoid money-laundering or fraudster clients, is, like all banks, supposed to be particularly alert for signs of corruption with politically exposed persons (PEP), in other words, clients who either are or have close ties to government officials. However they somehow failed to turn up any red flags concerning Tareq Abbas even though he shares a family name with the president of Palestine, and sat on the board of directors of a company with four fellow directors the firm did deem PEP because of their ties to Palestinian politics. Yet Mossack Fonseca actually did and documented due diligence research, including a Google search.
More InfoSZ also had concerns about security, not only for their source, the leaked documents, and their data, but also for the safety of some of their partners in the investigation living under corrupt regimes who might not want their money-handling practices made public. They stored the data in a room with limited physical access on air gapped computers that were never connected to the Internet. The Guardian also limited access to its journalists' project work area. To make it even harder to sabotage the computers or steal their drives, SZ journalists made them more tamper-evident by painting the screws holding the drives in place with glitter nail polish.
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