Offshore trust that he secretly control . Does that mean you could avoid millions of tax through that trust . Why dont you just talk to me . It would be great to hear your view. Over the next half an hour, this bbc news special programme will report on the first revelations of the Paradise Papers and the issues they raise about the secretive world of offshore finance and tax avoidance. Hello and welcome to this bbc news special programme. And the breaking news is that in the last few moments, the first results have been released following an investigation of one of the biggest ever leaks of offshore secrets, 13 million documents, mostly from an offshore law firm called appleby; they are known as the Paradise Papers and they reveal the tax affairs of rich and powerful people around the world. Theyve been obtained by the german newspaper su Deutsche Zeitung and shared with the International Consortium of investigativejournalists including in the uk, the guardian and the bbcs Panorama Pro
And welcome to power lunch. Im melissa lee. Nasdaq barely holding on up about 2 wi8 points joining the dow and s p 500 which are negative etf that tracks, hitting yet another intraday alltime high and ivb is rally within health care it is on pace for best week of the year esperion, novocure, biggest leaders right now. Thank you we will find out right now which car company has the highest quality of anybody fi phil la boes with that news. Phil the latest survey on initial auto quality, surveying about 80,000 new vehicle buyers. This is what they found. Good news, reliability, quality, people surveyed after owning the vehicle for three months, never higher in all the years theyve been doing this survey 27 of 32 brands improved quality ratings. Top one, kia, for second straight year, ranks as best followed by genesis, which is luxury brand by hundred day and porsche were the top three bad news, people not happy with the Driver Assist sec knotechno are seeing Adaptive Cruise control, lane
Position 8 years ago i know how it feels coming into a new situation, that the other bias to won election what did we do we confirmed seven cabinet appointments the day president obama was sworn in. We didnt like most of them either. But he won the election. I am optimistic that we will be able to get up to seven nominees on day one just like we did 8 years ago. Maria latest on hearings this hearing, suspects Deadly Florida airport shooting due in court today, Esteban Santiago facing several federal charges, he could face the Death Penalty if victoried the very latest there, details in robbery of Kim Kardashian French Police reportedly arresting at least 15 people dna traces connected them to october robbery of the star all details coming up. Another enemy, twitter, the harassment claims got embattled former ceoat spend from twitter. Fall out as limited announces closing all 250 stores all of them, markets this morning, about looking like this could this be the day for dow 20k futures
[inaudible conversation] we will resume the confirmation hearing for scott pruitt epa administrator. Let me start by saying, sometimes you get a chance to sit down over lunch and you say ive been answering question for two and half hours, you know, i wish i had said Something Differently about something or other. Anything you would like to clarify. Just one point of clarification in response to senator whitehouse questions about invar mental steps weve taken with respect to the leaky underground storage and double dipping in our state. I have initiated three cases with respect to valero, bp and conoco. Exxon in a number of other cases are still in settlement discussions. They have not materialized in litigation just yet. Thank you for that clarification. Anyway, a couple quick questions. In in the city of cheyenne wyoming, it was discovered that ethylene chemical thats used by the military to degrees the engines of rocket motors was seeping into the cities Drinking Water supply. The ar
[inaudible conversation] we will resume the confirmation hearing for scott pruitt epa administrator. Let me start by saying, sometimes you get a chance to sit down over lunch and you say ive been answering question for two and half hours, you know, i wish i had said Something Differently about something or other. Anything you would like to clarify. Just one point of clarification in response to senator whitehouse questions about invar mental steps weve taken with respect to the leaky underground storage and double dipping in our state. I have initiated three cases with respect to valero, bp and conoco. Exxon in a number of other cases are still in settlement discussions. They have not materialized in litigation just yet. Thank you for that clarification. Anyway, a couple quick questions. In in the city of cheyenne wyoming, it was discovered that ethylene chemical thats used by the military to degrees the engines of rocket motors was seeping into the cities Drinking Water supply. The ar