10th April 2019
Iranian Supreme Leader Ayatollah Ali Khamenei said the United States had made “a vicious move” in designating the Revolutionary Guards as a foreign terrorist organization, and Tehran vowed to take action against U.S. forces in the region. “They wish to plot against our Sepah (the Guard corps) … it is… Read More
10th April 2019
AP — A former North Carolina congressman says he had begun selling shares in a Russian bank before it lost its license. Last week, Russia’s central bank accused Commercial Bank of Ivanovo of breaching anti-money laundering rules by providing incomplete or unreliable transaction information. Central bank records on Friday showed… Read More
10th April 2019
Crimefighters in Switzerland and Brazil pledged to intensify cooperation to resolve the sprawling corruption case linked to state oil firm Petrobras in which around 700 million Swiss francs ($701 million) remain frozen in Switzerland. Switzerland has so far returned roughly 365 million Swiss francs ($365.6 million) to Brazil related to… Read More
9th April 2019
The Financial Action Task Force is expected this month to lengthen the terms of its presidential and vice-presidential tenures and consider revisions to its mandate, the organization said in a report Monday. The Paris-based intergovernmental group, known as FATF, is set to approve a proposed “enhancement” of its rotating presidencies… Read More
9th April 2019
AP — President Donald Trump announced Monday that the U.S. is designating Iran’s Revolutionary Guard a “foreign terrorist organization,” in an effort to increase pressure on the country. It is the first time that the U.S. has designated a part of another country as a terrorist organization. The designation… Read More
9th April 2019
A London jury has been discharged in a landmark fraud trial of four former Barclays executives accused of paying Qatar undisclosed fees to help rescue the bank at the height of the credit crisis in 2008. Judge Robert Jay told the jury at Southwark Crown Court on Monday he was… Read More
9th April 2019
AP — Actress Felicity Huffman has agreed to plead guilty in the sweeping college admissions cheating scam that has ensnared wealthy parents and athletic coaches at some of the nation’s most selective universities, federal authorities said Monday. The “Desperate Housewives” star and 12 other prominent parents will admit to… Read More
9th April 2019
Britain’s Princess Eugenie and U.S. anti-trafficking Ambassador John Richmond joined forces on Monday, calling for technologies from smartphone apps to blockchain to disrupt the modern-day slave trade as more victims worldwide are exploited online. From recruiting and advertising on social media platforms to controlling victims via their mobile phones and… Read More
9th April 2019
London-based Standard Chartered is expected to pay slightly more than $1 billion to resolve a nearly five-year-old investigation of potential U.S. sanctions violations tied to its banking for Iran-controlled entities in Dubai, as well as a related U.K. probe, according to a person familiar with the matter. Authorities are aiming… Read More
9th April 2019
Qatar said on Monday it had filed lawsuits against three banks, accusing them of using what it called overseas currency manipulation to sabotage its economy in the wake of an Arab boycott against the country in 2017. The cases, filed in London and New York, name Luxembourg-based Banque Havilland, the… Read More