14th January 2021
Two Iranian nationals living in Ontario have been arrested for allegedly conspiring to export products to Iran in violation of sanctions, the U.S. Justice Department said Tuesday. Ameni Yousefi Jam, 33, was arrested in Canada and was scheduled to appear in court in Toronto on Wednesday for extradition proceedings. Meanwhile,… Read More
13th January 2021
Australian banks continued to punch above their weight in 2020, racking up the second-highest total of fines from regulators by value after the United States. A survey of fines handed out to banks over the 12 months has placed US banks at the top of the pile for infringements, accounting… Read More
13th January 2021
The last-minute trade deal between the U.K. and European Union has helped stave off a potentially turbulent disruption in key law enforcement and security priorities between the two sides. The U.K.’s departure from the EU means the country has lost access to certain law enforcement tools… Read More
13th January 2021
Deutsche Bank AG and Signature Bank, two of Donald Trump’s favored lenders, are pulling away from the billionaire president in the wake of last week’s deadly riot at the U.S. Capitol. The German lender has decided not to conduct any further business with Trump and his… Read More
12th January 2021
The Trump administration on Monday announced it was returning Cuba to the U.S. list of state sponsors of terrorism, a move that could complicate any efforts by the incoming Biden administration to revive Obama-era detente with Havana. Just nine days before Republican President Donald Trump leaves office, Secretary of State… Read More
12th January 2021
Toronto-Dominion Bank will defend itself in a trial starting in a Canadian court on Monday in which liquidators of the collapsed Antigua bank of former Texas financier Robert Allen Stanford are seeking $5.5 billion in damages. The joint liquidators of Stanford International Bank (SIB) allege “negligence and knowing assistance” by… Read More
12th January 2021
The Trump administration imposed sanctions on Monday against seven Ukrainians — including two who assisted President Trump’s personal lawyer Rudolph W. Giuliani — for being part of what it called “a Russia-linked foreign influence network” that spread “fraudulent and unsubstantiated allegations” about President-elect Joseph R. Biden Jr. during the 2020… Read More
11th January 2021
China on Saturday issued a new order to prohibit firms from complying with foreign laws banning transactions with Chinese companies and individuals, effective immediately. The so-called Rules on Counteracting Unjustified Extraterritorial Application of Foreign Legislation and Other Measures apply to circumstances that “improperly prohibit or restrict” Chinese individuals, companies, and… Read More
11th January 2021
The United States plans to designate Yemen’s Houthi movement as a foreign terrorist organization, three sources familiar with the matter said, a move that diplomats and aid groups worry could threaten peace talks and complicate efforts to combat the world’s largest humanitarian crisis. The decision to blacklist the Iran-aligned group,… Read More
11th January 2021
AP — U.S. federal prosecutors have filed motions saying that Honduran President Juan Orlando Hernández took bribes from drug traffickers and had the country’s armed forces protect a cocaine laboratory and shipments to the United States. The documents quote Hernández as saying he wanted to “‘shove the… Read More