Treasury Secretary Janet Yellen, right, speaks as Vice President Kamala Harris listens, during an event at the Treasury Department in Washington, Sept. 15, 2021 (AP photo by Susan Walsh).

On Oct. 3, the International Consortium of Investigative Journalists released 11.9 million confidential files, known as the Pandora Papers, that documented how world leaders, oligarchs and business elites park their wealth in offshore jurisdictions. Like the Panama Papers of 2016, this new leak brought shell companies and offshore jurisdictions under intense public scrutiny for their role in helping the rich and powerful evade taxes and ignore the transparency requirements by which their fellow citizens and competitors must abide. What was perhaps most damning was the inclusion of five U.S. states—South Dakota, Florida, Delaware, Texas and Nevada—among the list of favored offshore […]

Pakistani Police officers carry a casket of a colleague who was killed in a grenade attack.

On Nov. 8, the Pakistani government and the violent jihadist group Tehreek-e-Taliban Pakistan, or TTP, announced a preliminary one-month cease-fire. While the development was shrouded in secrecy, it has potentially major implications for the future of jihadism in South Asia. The agreement—brokered by the Haqqani Network, a group of militants that are designated as terrorists by the United States—gave the Pakistani state respite from a campaign of violence waged by the resurgent, reconsolidated TTP, which maintains loose ties with the Afghan Taliban but is a separate entity. The group’s attacks on security forces along the border with Afghanistan have intensified […]