Reported by Reuters A long-awaited U.S. rule aimed at curbing money laundering in real estate has reached a key White House office for review, the final hurdle for it to clear before it can be formally proposed next year. The rule, put forth by the Treasury Department’s Financial Crimes Enforcement Network (FinCEN), reached the Office […]
Reported by Paul Mozur, Aaron Krolik and Adam Satariano Shortly after Russia invaded Ukraine last year, engineers at Convex, a Russian telecommunications company, needed to find American equipment to transmit data to the country’s feared intelligence service. But no gear was flowing in after Western nations imposed sweeping new trade limits on Russia. Convex’s employees soon found a solution. […]
Reported by Peter I. Altman, Michael A. Asaro, James Joseph Benjamin Jr., Brian T. Daly, Anne M. Evans, Katherine R. Goldstein, Claudius B. Modesti, Parvin Daphne Moyne, Douglas A. Rappaport, and Lillian Jordan Rand While it took a few decades to surface, the fact pattern set forth in the movie “Trading Places” has finally come […]
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