Icelandic PM Quits Over Offshore Firm
The 'Panama Papers' scandal has claimed its first political scalp in Iceland - Sigmundur Davith Gunnlaugsson has resigned as Prime Minister.
The 'Panama Papers' scandal has claimed its first political scalp in Iceland - where Sigmundur Davith Gunnlaugsson resigned as Prime Minister after protests that included the hurling of eggs and bananas in front of Parliament. The massive documentary leak from Panama-based law firm Mossack Fonseca showed that he'd failed to declare that he and his wife owned an offshore company, Wintris. The firm had significant holdings in three big Icelandic banks that collapsed during the financial crisis which began in 2008. Mr Gunnlaugsson was involved in negotiations about the banks' future - and that seemed to suggest a conflict of interest. We hear from Alda Sigmundsdottir, an Icelandic blogger and writer in Rekyavik.
Polls close in the Wisconsin state primaries during the show. In the Red corner, Donald Trump is some way ahead of Ted Cuz in the delegate count but has not been having an easy ride this past week and is expected to lose tonight. In the Blue corner, the projected lead enjoyed by Hillary Clinton just a couple of months back has melted away, leaving most polls predicting a Bernie Sanders win tonight - but a close enough margin that the delegate split would see Secretary Clinton retain her comfortable overall lead. Professor Kathleen Dolan, who chairs the political science faculty at the University of Wisconsin Milwaukee, gives us her analysis.
All this and more discussed with our two guests throughout the show. In the studio is Saker Nusseibeh, CEO of Hermes Investment Management, while Dan Szematovic of Marketplace Weekend joins us from New York.
(Photo: A picture mimicking Prime Minister Sigmundur David Gunnlaugsson, with the words "resign thanks!", is seen near the Icelandic Parliament building in downtown Reykjavik. Credit: Getty.)
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