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Icelandic PM Resigns Amid Panama Papers Controversy

Iceland's Prime Minister has resigned, marking the first fallout from the global Panama Papers Scandal.

Sigmundur Gunnlaugsson had come under increasing pressure after documents were said to show he and his wife owned in an offshore company holding millions of dollars.

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The biggest protests Iceland ever saw ensued, with tens of thousands of protestors gathering outside parliament in Reykjavik yesterday, calling for him to resign.

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