Dutch Voters Reject EU-Ukraine Deal
In a non-binding referendum, Dutch voters have signaled that they do not approve of an EU trade deal with Ukraine.
With 99 percent of the votes counted after Wednesday's ballot, 61 percent of voters rejected the deal, while 38 percent approved it. The vote sends a clear signal to the Dutch parliament, which had been expected to ratify the deal.
Prime Minister Mark Rutte said late Wednesday that the Dutch government will consult with parliament and with its European partners to decide what do to next. Rutte cautioned the process could take "days or weeks."
While the vote count is nearly complete, officials results are not due to be released until April 12.
After Wednesday's referendum, turnout among the Netherlands' 12.5 million voters was counted at 32.2 percent, with a margin of error of three percent. Thirty percent turnout was needed to validate the results of the referendum.
Panamanian President Proposes Review of Financial Practices
Panamanian President Juan Carlos Varela says the Panamanian government will create an independent commission to review the country's financial practices in the wake of the Panama Papers scandal.
Varela said in a brief televised statement Wednesday that the commission will contain "domestic and international experts" to evaluate the country's current practices and propose measures to strengthen transparency of financial and legal systems. Varela said Panama will share those recommendations with other countries so joint action can be taken to boost the overall transparency of the economic sector.
Meanwhile, France has added Panama to its "grey list" of world tax havens and is pushing for the international Organization for Economic Cooperation and Development to do the same.
OECD Secretary-General Angel Gurria says the Panama Papers leak has shown the country's economic sector tolerates a "culture of secrecy" and called it the last major jurisdiction allowing clients to hide money from legal authorities.