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Panama Papers: Iceland’s Prime Minister Resigns After President Refuses To Dissolve Parliament

Dogged by allegations he concealed multi-million dollar investments in an offshore company, the prime minister of Iceland has resigned after his request for the president to dissolve parliament was refused. Local media reports the Prime Minister’s move must be approved by both the Independence Party and the Icelandic president, Ólafur Ragnar Grímsson, before it becomes…