Bloomberg Businessweek (North America)
Fighting the Bad Rap Of the Panama Papers
Wealth ▶ President Varela defends the country’s reputation ▶ “Success does not depend on irregular flows of money”
Panama President Juan Carlos Varela has been doing damage control to convince the world his country isn’t an offshore tax haven. He’s met officials in Tokyo and Washington, penned a New York Times op- ed defending his home, created a committee including Nobel laureate economist