China, Russia, and their autocratic friends are leading another epic clash over the world’s largest landmass. Reported by Hal Brands, a professor of global affairs at the Johns Hopkins School of Advanced International Studies. Summary of original report featured below The war in Ukraine has led to the rise of a coalition of Eurasian autocracies, […]
This is Christy Kinahan, Ireland’s “Dapper Don.” The State Department accuses him of being the leader of a $1 billion drug-smuggling empire who has done business with “El Chapo” and Lebanon’s ruthless Hezbollah. Courtesy of the Irish Sun Summary of original article shown below Reported by Joshua Rhett Miller Christy Kinahan, a former taxi driver […]
Reported by Jack Schickler The European Union formally signed its landmark Markets in Crypto Assets (MiCA) regulation into law on Wednesday, taking the bloc closer to becoming the first major jurisdiction in the world with tailored rules for the sector. The law was signed by the European Parliament President Roberta Metsola and Swedish Rural Affairs […]
Reported by Laura He, CNN (Summary of original article featured below) The United States has imposed sanctions on several Chinese and Mexican companies for their involvement in the production and distribution of equipment used to make counterfeit pills, including those laced with fentanyl. The US Treasury Department announced sanctions on seven Chinese entities, six Chinese […]
Reported by Walter Sanchez Silva/ACI Prensa/CNA Matagalpa, Nicaragua The Nicaraguan National Police, controlled by the dictatorship of President Daniel Ortega and his wife, Vice President Rosario Murillo, published a statement May 27 accusing the Catholic Church of various crimes such as money laundering, a baseless charge, according to human-rights defenders. The statement says that the […]
Reported by Reuters Bank of Queensland Ltd (BOQ.AX) said on Wednesday it had entered into separate undertakings with the country’s financial crime and prudential regulators to comply with anti-money laundering and counter-terrorism financing laws and address risk governance practices. The court-enforceable undertaking accepted by the Australian Prudential Regulation Authority (APRA) follows several breaches of prudential […]
Reported by ROSS DELLENGER Texas A&M’s fundraising arm is believed to be the first distribution model that allows a school’s booster to be heavily involved in the NIL space. Maria Lysaker/USA TODAY Sports (Summary of original article is featured below.) In the landscape of college athletics, the distribution of compensation to student-athletes has become a pressing […]
Reported by Maya Gebeily Once celebrated as a financial wizard, Lebanese central bank governor Riad Salameh is spending his final weeks in office a wanted man, faced with French and German arrest warrants that have been prompted by long-running corruption probes. The warrants are the latest twist in cross-border investigations into whether Salameh, the governor for three […]
Reported by Reuters France’s ACPR financial regulator’s sanctions commission has decided to fine BMW Finance 500,000 euros ($550,400) for shortcomings in its money-laundering and terror-financing controls, the ACPR said on Friday. “BMW Finance took too long to devote sufficient human resources to these controls and comply with regulation, especially since it is part of a […]
Reported by Sue Dehnam Two individuals behind the company WeedGenics are accused of running a Ponzi scheme and spending tens of millions of dollars on luxury cars, residential upgrades, and adult entertainment. The U.S. Securities and Exchange Commission (SEC) obtained an emergency order on May 23 to suspend what they allege is an ongoing fraud and Ponzi-like […]
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