12th September 2017
The United Nations has imposed a fresh round of sanctions on North Korea after its sixth and largest nuclear test. The measures restrict oil imports and ban textile exports – an attempt to starve the North of fuel and income for its weapons programmes. Read More
11th September 2017
The United States will pay a “due price” if harsh sanctions against North Korea are agreed at a United Nations Security Council meeting in New York Monday. North Korea’s Foreign Ministry said in a statement published on state media that if the US “does rig up the illegal and unlawful… Read More
1st September 2017
The United Nations’s nuclear watchdog has reported that Iran is staying within the main limits set down in a 2015 multilateral agreement that Donald Trump has insisted Tehran is violating. The International Atomic Energy Agency said that Iran’s stockpile of low-enriched uranium is 88.4 kg (about 195 pounds), less than… Read More
29th August 2017
Guatemalan President Jimmy Morales on Monday showed signs of wavering on his decision to expel the head of a United Nations-backed anti-graft unit, who is investigating the leader’s campaign financing. Morales on Sunday declared Ivan Velasquez, head of the International Commission Against Impunity in Guatemala, ‘persona non grata’ and ordered… Read More
17th August 2017
An estimated N400 billion, or the equivalent of $4.6 billion in purchasing power parity (PPP), representing 39% of the combined federal and state education budgets in 2016, is paid out as bribes to public officials in Nigeria annually, a new report released by the National Bureau of Statistics, in collaboration… Read More
2nd August 2017
Japan’s ambassador to the United Nations said Tuesday he hopes a draft U.N. resolution that would impose new sanctions against North Korea following its tests of an intercontinental ballistic missile will be finished “in days.” The United States and China said a week ago that they were making progress on… Read More
19th July 2017
Senator Francis Escudero. The Philippines may be saved from being blacklisted by the Financial Action Task Force (FATF) after President Rodrigo Duterte signed a law that puts casinos under the scope of the Anti-Money Laundering Council (AMLC), Senator Chiz Escudero said on Wednesday. “I would like to thank the President for… Read More
7th July 2017
As Prime Minister Narendra Modi and other world leaders debate the global economic and geopolitical scenario here at the G20 Summit, an international inter-governmental organisation has sought greater coordination among countries to tackle the menace of money laundering and terror financing. The Financial Action Task Force (FATF), which is tasked… Read More
6th July 2017
The Boston engineering company that paid $4 million last week to settle FCPA offenses in India was also sanctioned by the World Bank Thursday for failing to disclose a subcontract on a project in Vietnam. The World Bank “conditionally non-debarred” CDM Smith Inc. and its affiliates for one and a… Read More
6th July 2017
President Trump encouraged Egyptian President Abdel Fattah el-Sissi to uphold United Nations Security Council resolutions against North Korea and to stop welcoming North Korean guest workers in Egypt, the White House said on Wednesday. Trump called el-Sissi from Air Force One, where he and the first lady were en route… Read More