Featured Governmental

China demands US drop Huawei extradition request with Canada

AP — China on Tuesday demanded the U.S. drop a request that Canada extradite a top executive of the tech giant Huawei, shifting blame to Washington in a case that has severely damaged Beijing’s relations with Ottawa. Foreign Ministry spokeswoman Hua Chunying said Meng Wanzhou’s case… Read More

Germany bans Iranian airline from its airspace after U.S. pressure

Germany has revoked the licence of an Iranian airline because it has been transporting military equipment and personnel to Syria and other Middle East war zones, the foreign ministry said on Monday, after heavy U.S. pressure on Berlin to act. The United States imposed sanctions on Mahan Air in 2011,… Read More

Sanctions: Nuclear chief says Iran exploring new uranium enrichment

AP — The head of Iran’s nuclear program said Sunday that the Islamic Republic has begun “preliminary activities for designing” a modern process for 20-percent uranium enrichment for its 50-year-old research reactor in Tehran, signaling new danger for the nuclear deal. Restarting enrichment at that level… Read More
4th January 2019
Swiss financial regulator FINMA has introduced a relaxed anti-money laundering regime for smaller financial technology firms as it looks to promote innovation. The companies will still be subject to the Anti-Money Laundering Act, under the new licensing category – known as the FinTech licence – in Article 1b of the… Read More
4th January 2019
Montenegro has launched a programme offering citizenship to up to 2,000 foreigners in return for investment over the next three years to help speed up its economic development, the government said on Thursday. A passport from Montenegro, an Adriatic country with a population of 620,000 which has joined NATO and… Read More
4th January 2019
Peru Attorney General Pedro Chavarry on Wednesday reappointed two lead prosecutors he had dismissed from a high-profile graft probe after the decision sparked widespread opposition and a threat by President Martin Vizcarra to suspend him. The prosecutors, Rafael Vela and Jose Domingo Perez, had recently drawn up a plea deal… Read More
3rd January 2019
Selim Kervanci, the head of HSBC’s Turkish unit, is reportedly being investigated for insulting President Recep Tayyip Erdogan. A prosecutor is understood to be investigating Kervanci for a 2013 retweet of a clip from a film set in the last days of Adolf Hitler. “He retweeted the post by a… Read More
21st December 2018
Saudi Arabia’s finance minister said on Wednesday that cash settlements from an anti-corruption campaign would net “not significantly less” in 2019 than the 50 billion Saudi riyals ($13.3 billion) collected in 2018. Mohammed al-Jadaan also said in a Reuters interview that construction giant Saudi Binladin Group, in which the government… Read More
20th December 2018
A Russian mafia whistleblower who was found dead after going out for a run near his home in southern England six years ago probably died of natural causes rather than from an elaborate poison plot, a British coroner found on Wednesday. Alexander Perepilichny, 44, was found collapsed and vomiting… Read More
19th December 2018
AP — Belgian Prime Minister Charles Michel submitted his resignation Tuesday amid pressure on his government after the biggest coalition party quit over Michel’s support for a United Nations compact on international migration. “I am taking the decision to offer my resignation. I am now going… Read More
17th December 2018
British travellers will have to pay 7 euros (6.29 pounds) for a three year pre-travel authorisation to visit the European Union after Brexit, provided London seals a divorce agreement with the bloc. The EU is readying a new electronic visa waiver system by 2021 to beef up security. The bloc’s… Read More
13th December 2018
Ali Akbar Salehi, Iran’s nuclear chief and former foreign minister, has warned that Iranians are running out of patiencewith the European Union’s pledge to maintain trade with Tehran despite ramped-up U.S. sanctions against its oil and banking sectors. “If we cannot sell our oil and we don’t enjoy financial… Read More
13th December 2018
Pakistan on Wednesday denounced the United States for placing it on a list of countries violating religious freedoms, calling the designation politically motivated. U.S. Secretary of State Mike Pompeo on Tuesday added mainly Muslim Pakistan to the U.S. list of “countries of particular concern”, which have violated religious freedoms or… Read More