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Pandora Papers Reveal the Financial Secrets of the Elite and How a Slowdown Is Coming to the USPS

Pandora Papers Reveal the Financial Secrets of the Elite and How a Slowdown Is Coming to the USPS

FromThe Daily Dive


Pandora Papers Reveal the Financial Secrets of the Elite and How a Slowdown Is Coming to the USPS

FromThe Daily Dive

ratings:
Length:
20 minutes
Released:
Oct 6, 2021
Format:
Podcast episode

Description

The Pandora Papers have hit and it's shedding light on the financial secrets of world leaders, politicians, fugitives and con artists. Leaked records show how big power players are stashing assets in secret shell companies, offshore tax havens, and trusts with governments doing little to stop it. Through these documents we are seeing country leaders on five continents using the offshore system, including King Abdullah II of Jordan spending millions on luxury homes in California. We are also learning how South Dakota is a key player where people are moving money to secretive American trust companies. Michael Hudson, senior editor at the International Consortium of Investigative Journalists, the group who led the effort in obtaining these documents, joins us for what's in the Pandora Papers.




Next, get ready for mail delays and price hikes coming to the US Postal Service. In an effort to cut costs over the next 10 years, first-class mail will be slowed down and there will be less reliance on planes used to transport mail across the country. First-class mail used to be delivered in 1-3 days, and in some cases it will be delivered in 1-5 days. Price hikes are also coming to stamps and package delivery just in time for the holiday season. This plan and the Postmaster General have both received criticism. Ellen Ioanes, reporter at Vox, joins us for what to expect and who is affected most.

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Released:
Oct 6, 2021
Format:
Podcast episode

Titles in the series (100)

Start your day with The Daily Dive. News without the noise, told straight. Explore the most interesting news of the day. Connect with the writers, analysts and reporters that know the real story. Hosted by Oscar Ramirez in Los Angeles, this 20 minute podcast will be ready for you when you wake up. (Posted by 6 AM EST)