Editor's note

The tax secrets of hundreds of politicians, multinationals and high net worth individuals – including the Queen, US secretary of state Rex Tillerson, Apple and Nike – have been leaked in what has been dubbed the Paradise Papers. While last year’s Panama Papers focused on one of the least reformed offshore havens, the new leak reveals the goings on in some of the most highly-regulated, including Bermuda and the Cayman islands. Tax havens expert Ronen Palan outlines the key findings.

In Brazil, a booming hydroelectric power industry is threatening the Pantanal. This swampy area the size of a small country is packed with wildlife, but dozens of power stations are planned on rivers that flow into it. Lauren Crabb and others report on how these dams threaten to disrupt the vast wetland’s natural rhythm.

And scientists have made a breakthrough in their quest to uncover the heat source behind the powerful geysers and active internal ocean on Saturn’s moon Enceladus. Monica Grady explains a new study, which shows that the moon’s ocean could have existed for long enough to spawn life.

Annabel Bligh

Business + Economy Editor

Top story

Trouble in paradise: Bermuda is at the centre of the Paradise Papers leak. shutterstock.com

Four things the Paradise Papers tell us about global business and political elites

Ronen Palan, City, University of London

Unlike the Panama Papers, the latest leak shines a light on the elites of the offshore world.

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