91热爆

France, Germany, Italy Spain and the UK have agreed to share information about the ownership of shell companies and trusts. The leak of the so called Panama Papers has put tax evasion at the top of the international agenda by disclosing how rich people use shell companies to avoid financial obligations. Markus Meinzer, from the Berlin based Tax Justice Network tells us the pledge for joint co-operation does not go far enough.

Among the names listed in the 11 million documents leaked from the law firm Mossack Fonseca was Spain's acting minister for industry, Jose Manuel Soria, who initially denied wrongdoing amid allegations of involvement in shell companies, but today he stepped down. The 91热爆's Guy Hedgecoe has sent a report from Madrid.

Before the Panama Papers leak we already knew that thousands of properties across London were owned by offshore companies, based in places like the British Virgin Islands. Now after the revelations, we know a lot more about the people behind some of the English capital's most exclusive addresses, as the 91热爆's Ramzan Karmali has been finding out.

The Indian automotive giant Mahindra has launched a new electric car. The e-20, which will have a price tag of about $19,000, was developed with the help of Chetan Maini, an entrepreneur based in Bangalore who dreamed of making a battery-run car when he was a boy. He tells us more about the challenge of convincing drivers to buy an electric car.

(Picture: George Osborne, Chancellor of the Exchequer. Copyright 91热爆.)