Category: Spotlight

US / ‘Forever chemicals’ in drinking water

Posted on By CorruptionLedger No Comments on US / ‘Forever chemicals’ in drinking water

The United States Environmental Protection Agency has proposed the first federal limit on so-called “forever chemicals” in the country’s drinking water, a move officials said will save lives.

The proposal announced will limit per- and polyfluoroalkyl substances, also known as PFAS.

The substances have been linked to a range of health issues, including low birth weight and kidney cancer. They do not naturally degrade in the environment and are expensive to remove from water.

_enforcement, All News, corporate corruption, Corruption, Eastern Sources, government corruption, health, Spotlight

Nord Stream blasts staged by a state-level actor – Putin

Posted on By CorruptionLedger No Comments on Nord Stream blasts staged by a state-level actor – Putin

The Russian president has rubbished Western media reports that a “pro-Ukrainian group” was behind the attacks </p><div><p>Russian president Vladimir Putin has dismissed as<em> “nonsense”</em> recent claims that the attack on the Nord Stream natural gas pipelines might have been carried by <em>“Ukrainian activists.”</em> The president made the remarks on Tuesday during his visit to an aircraft…

more “Nord Stream blasts staged by a state-level actor – Putin” »

All News, Crime, History, International Conflict, Investigations, Leaks, Ledger of Lies, Russian News, Spotlight, war crimes, z-Exclude

No Harvey Weinstein retrial on rape, sex assault charges

Posted on By CorruptionLedger No Comments on No Harvey Weinstein retrial on rape, sex assault charges

LOS ANGELES (AP) — Los Angeles prosecutors told a judge Tuesday that they will not retry Harvey Weinstein on rape and sexual assault charges involving two women. Deputy District Attorney Paul Thompson announced the decision to Superior Court Judge Lisa B. Lench at a hearing in downtown Los Angeles. The judge dismissed the charges that…

more “No Harvey Weinstein retrial on rape, sex assault charges” »

Crime-other, Spotlight, z-Exclude

US / Silicon Valley Bank execs, parent company sued after collapse

Posted on By 4am Research No Comments on US / Silicon Valley Bank execs, parent company sued after collapse

ilicon Valley Bank’s parent company and two senior executives are facing a class-action lawsuit in the United States, where shareholders have accused the financial institution of failing to disclose the risks that anticipated interest rate hikes would have on its business.

The lawsuit, filed in federal court in the Northern District of California on Monday, is seeking unspecified damages from SVB Financial Group and its Chief Financial Officer Daniel Beck, as well as the bank’s Chief Executive Officer Greg Becker.

The bank collapsed and its assets were seized by the US government late last week after a mass withdrawal of funds by customers.

_enforcement, All News, banks, Business & Economy, Compliance Regulation, corporate corruption, Corruption, Eastern Sources, Enforcement Actions, enforcement archive, government corruption, Regulatory News, Spotlight

As U.S. steps back from Middle East, China steps in

Posted on By CorruptionLedger No Comments on As U.S. steps back from Middle East, China steps in

For President Xi Jinping, the Iran-Saudi deal is part of a grander political vision, and a nuts-and-bolts example of how he hopes to achieve it.

The vision is that China will ultimately displace the United States as the world’s leading power. The means to achieve it? Leveraging China’s economic clout to expand its financial, diplomatic, and military footprints worldwide.

The Mideast deal also underscores a key pillar of that approach. In explicit contrast to the United States, China is assuring its partners that “internal” issues – such as human rights – are irrelevant to its outreach and alliances.

All News, Corruption, government corruption, Humanitarian, International Conflict, Spotlight, war, war crimes, z-Exclude

Western sanctions shielding Russian financial system from global crisis – Kremlin

Posted on By CorruptionLedger No Comments on Western sanctions shielding Russian financial system from global crisis – Kremlin

Russia has its own financial messaging system, SPFS, which can act as a substitute for SWIFT in the domestic market. While its coverage is still much smaller than that of SWIFT – which boasts 11,000 financial organizations globally – the spread of SPFS has been gaining speed in recent months.

When asked about a spillover effect from the collapse of US lenders, which has led to a global stock rout, Peskov said problems in the American banking system cannot affect Russia in any way. “Our banking system, of course, has, let’s say, certain connections with some segments of the international financial system, but for the most part it is under illegal restrictions,” he said.

However, Peskov added that sanctions have been “a blessing in disguise” because Russia is “to a certain extent immune to the negative impact of the crisis that is now unfolding across the ocean.” 

banks, Business & Economy, International Conflict, Russian News, Sanctions, Spotlight, war, x.RT, z-Exclude

Moody’s puts US banks on notice

Posted on By 4am Research No Comments on Moody’s puts US banks on notice

The agency cited concerns over the lenders’ reliance on uninsured deposit funding and unrealized losses in their asset portfolios. “The review for downgrade reflects the extremely volatile funding conditions for some US banks exposed to the risk of uninsured deposit outflows,” it stated. Moody’s also slashed the debt ratings of collapsed New York-based Signature Bank deep into junk territory, withdrawing future ratings for the insolvent lender. The downgrades come while US bank stocks have continued to plummet despite the government’s measures to support lenders and prevent more bank runs. First Republic Bank has led the sell-off, with its share price nosediving more than 60% on Monday, forcing a brief halt in trading due to volatility. Western Alliance Bancorp lost over 47% while Zions Bancorp declined by about 26%. Dallas-based Comerica dropped 28% and UMB lost more than 15%.

_enforcement, banks, Business & Economy, Compliance Regulation, corporate corruption, Corruption, Enforcement Actions, enforcement archive, government corruption, International Conflict, Russian News, Spotlight, x.RT

Robert Kiyosaki predicts next big bank to fold

Posted on By CorruptionLedger No Comments on Robert Kiyosaki predicts next big bank to fold

“The problem is the bond market, and my prediction, I called Lehman Brothers years ago, and I think the next bank to go is Credit Suisse,” said the co-author of the best-selling book ‘Rich Dad Poor Dad’, “because the bond market is crashing.” Kiyosaki explained on Monday that the bond market, which is bigger than the stock market, is the economy’s “biggest problem” and will put the US in “serious trouble.” “The US dollar is losing its hegemony in the world right now. So, they’re going to print more and more and more of this… trying to keep this thing from sinking,” he explained.

banks, Business & Economy, Corruption, International Conflict, Russian News, Spotlight, war, x.RT

UK $6 billion defense boost targets atomic submarines, weapons top-up

Posted on By CorruptionLedger No Comments on UK $6 billion defense boost targets atomic submarines, weapons top-up

LONDON — Defense spending is getting a £5 billion ($6 billion) boost from the British government, but most of the cash has been earmarked for nuclear programs and rebuilding depleted weapons stocks rather than addressing wider capability gaps in the armed forces.

The funding figures, released Sunday night, will be contained in a refresh of the 2021 integrated defense and security review due to be published later today.

News of the increase came as Prime Minister Rishi Sunak headed off to San Diego, California, for a meeting Mar. 13 with U.S. President Joe Biden and Australian Prime Minister Anthony Albanese to announce details of the AUKUS nuclear submarine pact agreed by the three nations.

Business & Economy, corporate corruption, Corruption, government corruption, International Conflict, Spotlight, war, war machines

BBC gets £20 million boost from UK govt

Posted on By CorruptionLedger No Comments on BBC gets £20 million boost from UK govt

The package comes within the framework of the so-called Integrated Review, a program document envisioning ‘Global Britain’ and originally adopted under former PM Boris Johnson. The money is set to be funneled to all 42 language services of the BBC World Service and will be used to “support English-language broadcasting,” as well as to “counter…

more “BBC gets £20 million boost from UK govt” »

International Conflict, Ledger of Lies, Misinformation, Russian News, Spotlight, x.RT