Despite economic turmoil and challenged political credibility of Russia on the world stage, the Panama Papers revelations will not pose a significant threat to the stability of Putin’s regime but will worsen Russia-U.S. relations and the country’s image in the West.
Over 11 million leaked financial documents related to offshore tax havens has shed light on a large network of corruption and embezzlement that involves 12 current or former world leaders and some 130 politicians from around the globe.
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