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North Atlantic Treaty Organization's birthday

Thursday, 07 April 2016 7:19 AM [ Last Update: Thursday, 07 April 2016 7:18 AM ]

NATO was established in 1949 to provide collective security against the Soviet Union.

These are some of the headlines we are tracking for you in this episode of On the News Line:

NATO's birthday

The North Atlantic Treaty Organization (NATO) celebrated its 67th birthday. This multi-nation military alliance was established in 1949 to provide collective security against the Soviet Union. But after the collapse of the Soviet Union in 1991, this primary mission literally lost its value. Today, the organization that may have once been perceived to provide peace, has mostly become a war program.

Panama Papers

Media reports call it a huge leak of confidential papers which implicates a number of high-ranking officials and political figures in money-laundering and financial corruption. The media say the papers which number eleven million documents were leaked from one of the world's most secretive companies, the Panamanian law firm Mossack Fonseca. They allegedly reveal how the firm has helped clients launder money, dodge sanctions and avoid taxes.

Foreign interests in US politics

Foreign money is playing an increasingly important role in the US politics. According to the US media corporation Bloomberg, an NGO with ties to Republican Senator John McCain received a $1 million donation from Saudi Arabia in 2014 based on documents filed with the US Internal Revenue Service.

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