but not so in iceland. >> no. it's very common in iceland to be an unmarried mother.e go a long time, they live together and have children. then maybe they get married. you have this horrible term in english like broken families. >> right. >> yeah. which basically means just if you get divorced then something's broken, but that's not the way it is in iceland at all. i think it's because we live in such a small and secure environment, and the women, they have so much freedom so you can just -- you can choose your life. >> small and secure indeed. >> not necessary you have to marry. you can bring up your children but also many couples in iceland stay together without necessarily getting married. >> can't remember the last time i strolled a nation's capital with the president and not a single bodyguard. oh, and over 20 years ago his predecessor was a single mother, named vigdis. >> i think we are definitely the first country, maybe so far the only country in the world where women have now held all the highest offices of state. and church. the president, prime minister, p

percenters of iceland.annot tell you how i felt to see so many come forward and massive demonstrations, the biggest in our history, to show the rest of the world that not all icelanders are of the same nature as the leaders of iceland. amy: birgitta jonsdottir, you're a member of the icelandic parliament. your party, the pirate party, according to one poll, now has 43% support. is that right? could you become the next prime minister of iceland? >> well, we haven't really gone far in our thought process. yes, the -- a member of the pirate party could become the next prime minister. actually, it's very interesting to look at the polls for the last year. the pirate party has been going up in the polls on a steady level, and we have been somewhere with a measure between 35% to 42% in the last half a year. we have measured degrees -- bigger than both of the coalition parties that are in governance for half a year. so it is obviously government does not have the support of icelanders, and this was, you know, the

we have more on his dramatic fall from grace. >> ice lens prime minister, cash iceland -- iceland's prime minister, sigmundur david gunnlaugsson, asked to didissole parliament. the president turned down his request. >> i will not agree to such a request until i have held talks with the leaders of other parties. one ed togunnlaugsson dissolve parliament in the face of a looming no-confidence -- wanted to dissolve parliament in the face of a looming no-confidence vote. it was a surprise for us to see that. it was not a rational thing to do. i have never seen it done before in icelandic politics, and i hope i will not see it again. reporter: pressure had been mounting on the prime minister. the panama papers revealed he had millions of dollars stashed away in a tax haven. offshore company with big claims in iceland's collapsed banks. he sold his shares a day before he was legally required to declare the them. the opposition filed a vote of no-confidence on monday. the prime and asked her maintains he has done nothing illegal and that he and his wife's assets are in iceland. let's get the rev

not so in iceland.er houksen was special prosecutor, a hefty budget and a mandate. >> the question here in iceland was, was criminality involved? and if there was criminality involved, there would be a, there should be a prosecution. outside his office, something not seen elsewhere. the country's top bankers facing charges of market manipulation and fraud. ambushed by media. how many bankers are in jail? >> between 20 and 30 have been -- gotten sentence thousands of jail. >> reporter: the former ceo of the bank will begin serving a five year prison sentence in the fall. >> reporter: his lawyer dismisses the prosecution's as political theater. >> kind of a witch-hunt. >> witch-hunt? >> yeah. >> people were angry. so you had to convert it to some sort of political solution. >> reporter: the bankers are sent to prison. no bars, but hours from anywhere. an icelandic journalist allowed in for an interview was told -- >> translator: we never did anything that wasn't in the interest of the bank or its clients.

anchor: it looks like the panama papers have long legs there in iceland. reporting there from the icelandic broadcasting service, the ruv, thank you very much. all right, javier is here with business news, and they have been responding. anchor: yes, they say the cover-up must end. he announced plans for a national register that would force show companies to reveal the identity of its owners. that is in response to the panama papers, which, as you know, athlete decades of papers. how they hide their cash, let's take a look at that. not all of the show companies are based there. most are located in the british virgin islands, which is a u.k. territory, though not subject to eu law. another favorite tax haven for the firm are the islands off the coast of east africa, known as the seychelles. also a place to go if you are a millionaire. they have accounts all over the world, in the united states, asia, and more, -- reporter: within 500 banks set up accounts through the firm in panama, including the names, like hsbc, and swiss banks credit squeeze and ubs. germ

the premise to her of iceland resigned wednesday -- prime minister of iceland resigned wednesday.m agriculture minister to prime minister, he takes the reins in iceland at a precarious time for his government. >> i'm taking the premise to -- prime minister seek him i will try to do my best. -- i'm taking the prime minister seat, i will try to do my best. >> on tuesday, the country saw its biggest protest in history. it led to the prime ministers stepping down. he was embroiled in the the panama papers and scandal. he failed to disclose that his wife at interests in those banks and stood to gain a substantial amount money after the bankruptcies. at a time when citizens were enduring tough austerity. androngdoing has been found details shocked many good for a third day in a row more protests in front of parliament. the government needs to show more efforts than just changing one prime minister for another. we need to get political parties out of government. >> the government has said it will call for early elections in autumn. it stays in power are numbered. >> the suspect from the

iceland's prime minister has resigned. this is according to reports from iceland tv and radio. underminister pressure over the last several days after those panama papers revealed that he may have renovated from those offshore tax havens. local television in iceland, it looks as if the prime minister has resigned. time for our global battle of the charts where we take a look at some of the most telling charts of the day and what they mean for investors. you can access these charts on bloomberg. is markthings off today barton. mark: you can't do that to me today. this is the baltic try index. it's a key index of global trade. on february 10 it fell to a record low. it has rebounded by 63%. you can hardly see it. this chart goes back to 2008. atwas in 2008 that it peaked 11,100 -- 11,793. 96%. then it has fallen which leads to the question, what happens next? columnists, gadfly this improvement is a good side becausehe demand side the demand side may be passed its nadir. there is a supply side to this equation. because theor show world's dry bulk shipping fleet is still growing.

since iceland recovered from the bank crash, could nstruction projects restarted. country's banks remain weak and government controls mean a limit on how much icelanders can even take out of cash millions. no context, the idea their prime minister has been helping his wife to hide tennessee of millions of dollars so far away is for many people absolutely infuriating. so wintress has become part of the language in misquoted shakespeare, and this reads "not my prime minister." soon he may not be. >> panama's government says it will cooperate with any investigations following the panama paper's leak but threatening to take action against any move to put it on a gray list of uncooperative tax haven i see. adam raney has the latest from panama city. >> that threat from france was a step too far for panama. it responded immediately. >> in the case of france or any other country that includes panama on a gray list, the national government will have to analyze the situation and take a series of measures which could include reciprocal measures in a country that includes us

be any icelanders.have from the north to the south to the south to the north, all over. all over. >> the icelandic horse has two distinct gaits not found anywhere else in the world. the most famous is called the tolt. >> the rider doesn't move. it stays in their seat. >> you can feel like you're flying. you're swerving around. >> the horses hooves beat rhythmically over the ice, which is customarily tested ahead of time and appears to be solid after days of below temperatures. >> it's been 10 to 15 degrees minus for a few days. that's enough usually to get the ice very stable for the horses. >> but the riders don't realize they're about to test the limits of the frozen ice layer. as the riders gather to pose for a publicity photo, someone gives the order for the group to march forward in a straight line. >> they were showing off in a lineup instead of going one at a time. >> just then, the riders hear a cracking sound and feel the ice undulating beneath them. horse man an up. filmmaker, daniel bend, is

i don't think he is near in the front will the icelandic prime minister was in.look at this, this is coming on top of a lot of bad things with david cameron in the last few weeks. hime was a photograph of sitting with his wife, the brexit is not going well. he is not having a good time. francine: thank you for coming on. next, the search for clarity since the march policy meeting. messages fromxed fed speakers. we are live in new york with the latest. ♪ francine: oil extending gains. air -- javier, i am confused. kuwait says they will move even without iran, who do we believe? saudi arabia cannot join. the fact that kuwait and the united a robyn meredith usually take the same position as saudi -- to find some kind of compromise suggest -- was unexpected within oil officials. now everyone is scrambling to find a solution. francine: are we going to have a breakthrough? >> we have about 11 days to go to doha. we may have a breakthrough. comments, the market is going to take the agreement -- or they just found a diplomatic solution with fancy language to get into an

they are known as the panama papers, but the first political casualty came in iceland. prime minister has resigned following the leak of documents from a panamanian law firm showing that he said up a law asian offshore account with his wife. that did not stop outrage. even after the prime minister resigned, protesters beat outside the parliament, pelting the building with eggs. they did not want a prime minister or government with links to hidden wealth. want change. i want something drastically different. correspondent: prime minister gunnlaugsson has denied wrongdoing. in the face of revelations he had an on the cleared interest in his wife's offshore country, registered in animal. .- in panama he was under pressure from his colleagues. he described the meetings as exciting, but shortly after, stood down. outside, on the streets, the mood turned against him. this is a country that has almost been brought down by failed banks. i am offended with how the politicians are behaving and not listening. it is not enough the prime minister has resigned. correspondent: they're

iceland's prime minister has resigned in rising public anger over panama papers. he had been facing a no confidence vote and mass protests calling for him to stand down over his financial dealings. judges at the international criminal court have dismissed the case against the kenya's deputy president based on insufficient evidence. he had been tried on crimes related to humanity in which over 100 people were killed. >> reporter: he was charged with crimes against humanity but his trial has been brought to a close. it is a good day for him. and for his supporters too. judges at the international criminal court declared a mistrial alleging witness interference and political meddling. some people celebrated in his home streets >> they went for their own people. so at least we can say justice has been done. although the victims are crying foul, the icc did not do good investigation. >> reporter: eight years ago more than a thousand people were killed in violence following a disputed election. more than half a million were displaced. the international criminal court's

capital city of iceland in reykjavik.s he was directly linked to the offshore accounts. he served as a board of the director on the offshore company. it was used to house stakes that his wife owned in the banking sector. iceland banks are not popular these days after they helped the financial meltdown in 2008 in that country. you have leaders directly linked to these. the newly elected president of argentina also it seems served as a board of directors on the company that was in another takes haven in bahamas by the secretive term mossack fonseca. you have other world leaders where the links are tenuous. we are talking about the likes of vladimir putin, for instance, his best friend and godfather to his daughter. it seems fronted a number of companies that were set up by mossack fonseca. the allegations there that they helped to funnel about $2 billion through the particular accounts. now other world leaders also found their names coming up in the spotlight. notably xi jinping. the president of china. this is particularly

not so in iceland. olafur hauksson was appointed special prosecutor, given a hefty budget and a mandate. >> the question here in iceland, was criminality involved. and if there was criminality involved, there would be -- there should ab prosecution. >> outside hauksson's office, something not seen elsewhere, the country's top bankers facing charges of market manipulation and fraud ambushed by media. >> how many bankers are in jail? >> between 20 and 30 have gotten sentences of jail. gudjonsson former ceo will begin serving a five-year prison sentence in the fall. >> this was a part of show. >> his lawyer, gudjonsson, dismisses the prosecutions as political theater. >> a witch hunt. people were hungry. so you had to come up with some kind of political solution. >> the bankers were sent to s.u.v. prison, no bars. icelandic journalist allowed in was told -- >> we never did anything that wasn't in the interest of the bank or its clients. >> the worst thing was the broken trust. >> information security consu

panama papers have seen the resignation of the iceland prime minister. his family used a shelf company to house moneys offshore. thousands of marched against the candidate running for president but they don't want her on the ballot. >> reporter: they shouted never again, remembering thousands of innocent people killed or disappeared by security forces during the government in the 90s. >> translation: the people associate her with so many killings her father was responsible for. so much injustice >> reporter: they remembered the level of corruption of his right hand man, accused of bribing politicians, businessmen, journalists. >> translation: we will never forget. no-one came out clean. judges, prosecutors, everyone had a price tag. demonstrators proceed tested against her candidacy for the presidency. they choose this date, on april 5, 24 years ago he led a coup with the military to disband congress and intervened against the judiciary and begun ruling by decree. >> reporter: her danned daes has again divided a cup much as her father did when he fled to

there are links to an offshore companies with big claims on iceland's banks. in other words, a big conflict of interest. >> reporter: it is as far as you can imagine from iceland to the british virgin islands, but the attempts by the prime minister here to help hide his wife's wealth there have caught up to him. this woman runs an ice-cream parlour. her sell out is called wintris, the name of the company that the prime minister and his wife established. lots of lemons >> it is very powerful and it leaves a, what do you say? >> reporter: a sour taste in your mouth >> yes. bitter like we all feel today t we feel sad and i am ashamed, like i'm shamed to be an icelander. >> reporter: having walked out of the interview which confronted him with his part in a tax dodge had pent monday saying he wouldn't resign and then tuesday saying he would. if his coalition partners wouldn't stand by him. for now it's april standoff, but opposition groups believe he won't last until a plan of no confidence vote on thursday. >> there is no meetings in the parliament, no chamber me

in iceland over 10,000 protesters took to the streets monday calling for iceland's prime minister to resign after it was revealed he had benefited from offshore investment accounts in tax havens. >> i just protesting the corruption of the government. the prime minister has been lying about his money. the financial mr. has also been lying -- minister has also been lying about secret companies. everybody is fed up with this. amy: details of icelandic prime minister sigmundur david gunnlaugsson's offshore account were exposed on sunday as part of the panama papers a massive , journalistic expose revealing how a panamanian firm had set up a global network of shell companies for heads of state, politicians, ceo's, and celebrities to store their money offshore to avoid taxes and oversight. we will have more on the panama papers after headlines. in southeastern bangladesh, police opened fire monday on a large protest against the construction of two chinese-backed coal plants on the edge of the world's largest mangrove forest. at least four people died but activists in the area say the death

iceland's prime minister has resigned after the panama papers scandal. the leaked documents show his links to offshore companies. he was facing a no confidence vote in mass protests calling for him to step down. one of the two rival governments in libya is stepping aside. it's a step forward for the u.n. brokered national unity government to take over in tripoli. there's still resistance from the tobruk administration. the case against kenya's deputy president has been dismissed. the allegations against him remitted to post election violence in 2008. it saw over 1000 people killed. >> reporter: he was charged with crimes against humanity, about but now his trial is to a close. it is a good day for him. and for his supporters too. judges at the international criminal court alleged a mistrial alleging political infer ferns and witness tampering. some people celebrated in the streets >> they went for the wrong people. we can now see justice has been done. although the victims are crying foul, the icc did not do good investigations. >> reporter: eight years

this was the scene in reykjavik, iceland. huge amounts of protesters demanded that the prime minister step down after he was named in the panama papers. brian todd has more on what and who is getting exposed. >> reporter: it is the first and startling reaction to accusations of billions in secret money. >> are you accusing me? >> reporter: money held in secretive bank accounts, kept offshore by world leaders. the prime minister of iceland walking out of an interview. he's one of several world leaders responding with anger and denials of wrongdoing, to allegations they hid billions of dollars in offshore accounts. the journalists and news organization, spent a year of looking through 11 million documents, leaked from a panamanian law firm, which helped set up the shell companies. >> the range of people in the data ranges from everyone from mafia figures to prime ministers and presidents. >> reporter: the reports say several friends of russian president vladimir putin operated a secret network, which moved at least $2 billion t

today in iceland. prime minister sigmundur david gunnlaugsson is named in the panna papers -- panama papers. it said many set up the offshore accounts and shell companies. iceland prime minister is the first prominent leader to re-sign as a result of the panama papers -- resign as a result of the uponma papers being published. alison: still to come, tax preparers punished in maryland. will it affect your tax return? leon: we prepare for an april freeze. wall street. the nra. they're powerful. they usually get their way. but not with democrat donna edwards. she won't take cash from wall street banks. spend dark money to kill gun safety laws, donna edwards said 'no' she's fighting to ban assault weapons and putting the safety of our communities first. because to democrat donna edwards, the special interests aren't special. we are. working for us pac is responsible for the content of this advertising. but jamie raskin is the only democrat for congress o's authored landmark ogressiv