Mr. David Cameron, Prime Minister of the U.K. has a bit of an image problem: the Panama Papers released last week include facts about his family's offshore account in a Central American tax haven. As the story goes, in his words, the account was established by his Father some years ago. He inherited the account but closed the account 6 years ago and paid the taxes on gains/funds and re-patrioted the pounds sterling back to the U.K. Cased closed. But, no. Opponents demonstrated in front of 10 Downing Street asking for Mr. Cameron's resignation. All of this comes as Mr. Cameron's position on EU membership is being dramatically and forcefully questioned by his party and the opposition party.
Can he survive? That is a good question without a clear answer. Many citizens are of the opinion that a vote is necessary to clear the question. Many economists are shouting that leaving the EU would be a disaster for business and trade. Others cite innumerable problems associated with recent mass migration to western Europe from Arab/Muslim countries in the Middle East and Far East.
Answers could be forthcoming this week. Stay alert for updates.
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