NEW: For decades Trump has used sprawling NDAs to intimidate employees and associates into silence. But he just lost a case to @OMAROSA that could help bring his political and corporate secrets down on his head. Me & @swin24 @thedailybeast
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A massive trove of private financial records shared with The Washington Post exposes vast reaches of the secretive offshore system used to hide billions of dollars from tax authorities, creditors, criminal investigators and citizens around the world.
The Post and scores of other news organizations collaborated in the effort, conceived and organized by @ICIJorg, to illuminate the workings of this secret world on a scale never before possible.
The #PandoraPapers is an investigation based on more than 11.9 million documents.
It exposes more than twice as many account holders and twice as many public officials as the Panama Papers did. https://t.co/B7qrGmlS9m
The files detail the offshore activities of more than 29,000 accounts.
Among them: More than 130 Forbes list billionaires and over 330 public officials around the globe. https://t.co/B7qrGmlS9m
The #PandoraPapers allow for the most comprehensive accounting to date of a parallel financial universe whose corrosive effects can span generations. https://t.co/B7qrGmlS9m
The Post and scores of other news organizations collaborated in the effort, conceived and organized by @ICIJorg, to illuminate the workings of this secret world on a scale never before possible.
The #PandoraPapers is an investigation based on more than 11.9 million documents.
It exposes more than twice as many account holders and twice as many public officials as the Panama Papers did. https://t.co/B7qrGmlS9m
The files detail the offshore activities of more than 29,000 accounts.
Among them: More than 130 Forbes list billionaires and over 330 public officials around the globe. https://t.co/B7qrGmlS9m
The #PandoraPapers allow for the most comprehensive accounting to date of a parallel financial universe whose corrosive effects can span generations. https://t.co/B7qrGmlS9m
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1/OK, data mystery time.
This New York Times feature shows China with a Gini Index of less than 30, which would make it more equal than Canada, France, or the Netherlands. https://t.co/g3Sv6DZTDE
That's weird. Income inequality in China is legendary.
Let's check this number.
2/The New York Times cites the World Bank's recent report, "Fair Progress? Economic Mobility across Generations Around the World".
The report is available here:
3/The World Bank report has a graph in which it appears to show the same value for China's Gini - under 0.3.
The graph cites the World Development Indicators as its source for the income inequality data.
4/The World Development Indicators are available at the World Bank's website.
Here's the Gini index: https://t.co/MvylQzpX6A
It looks as if the latest estimate for China's Gini is 42.2.
That estimate is from 2012.
5/A Gini of 42.2 would put China in the same neighborhood as the U.S., whose Gini was estimated at 41 in 2013.
I can't find the <30 number anywhere. The only other estimate in the tables for China is from 2008, when it was estimated at 42.8.
This New York Times feature shows China with a Gini Index of less than 30, which would make it more equal than Canada, France, or the Netherlands. https://t.co/g3Sv6DZTDE
That's weird. Income inequality in China is legendary.
Let's check this number.
2/The New York Times cites the World Bank's recent report, "Fair Progress? Economic Mobility across Generations Around the World".
The report is available here:
3/The World Bank report has a graph in which it appears to show the same value for China's Gini - under 0.3.
The graph cites the World Development Indicators as its source for the income inequality data.
4/The World Development Indicators are available at the World Bank's website.
Here's the Gini index: https://t.co/MvylQzpX6A
It looks as if the latest estimate for China's Gini is 42.2.
That estimate is from 2012.
5/A Gini of 42.2 would put China in the same neighborhood as the U.S., whose Gini was estimated at 41 in 2013.
I can't find the <30 number anywhere. The only other estimate in the tables for China is from 2008, when it was estimated at 42.8.