Category: All News
Ratings Deceit: S&P sued for deceitful CDO ratings
Royal Park Investments (RPI), the so-called “bad bank” of the former Fortis, has filed a billion-dollar claim against rating agency S&P. De Tijd writes this and appears from media reports in the Cayman Islands, the place where the lawsuit was filed.
Nord Stream blasts harmed Baltic wildlife – scientists
Researchers say the pipeline explosions stirred up chemical waste and threaten cod and porpoise populations. The destruction of Nord Stream 1 and 2 pipelines did not just cut off the flow of Russian natural gas to western Europe, it killed and poisoned the already endangered fish and marine mammal species in the Baltic Sea, says a new report by Danish, Polish and German scientists.
‘As long as it takes’: US has provided billions of dollars in aid to Ukraine
Support for Kyiv serves the US’s ‘strategic interests’ against security threats posed by Putin’s Russia, analysts say.
Two Amazon Marketplace Sellers and Four Companies Plead Guilty to Price Fixing DVDs and Blu-Ray Discs
Two Amazon marketplace sellers and four of their companies have pleaded guilty to price fixing DVDs and Blu Ray Discs. On Feb. 10 in U.S. District Court for the Eastern District of Tennessee, Bruce Fish of Hayfield, Minnesota, along with BDF Enterprises, Inc., a corporate entity owned by Fish, admitted to participating in a conspiracy to fix the prices of…
Monsanto must pay $857 million over PCB exposure at a Washington school
A US jury has ordered Bayer subsidiary Monsanto to pay $857 million (£676 million) to seven people – including former students and parent volunteers at a school in Washington state – who said they were sickened by exposure to polychlorinated biphenyls (PCBs) that the company sold. The PBCs were apparently used in fire safety fluid in the school that leaked…
Nancy Pelosi has arrived in Taiwan, China says she is “playing with fire”
Why do we care? China considers Taiwan to be part of China and doesn’t appreciate the political U.S. visit, which China sees as showing support for Taiwan’s democracy. This is exactly what Pelosi just tweeted: Our visit reiterates that America stands with Taiwan: a robust, vibrant democracy and our important partner in the Indo-Pacific. See Tweet by @SpeakerPelosi China, a…
Global Russia Sanctions Update
A number of states and international actors have unveiled further sanctions measures on Russia in relation to its activities in or in relation to Ukraine. In a previous post, we outlined the initial measures imposed by the US and UK on Russia in relation to its recognition of Donetsk and Luhansk. We consider below the further actions taken by the…
Canada to acquire Swedish-made anti-aircraft system to protect troops in Latvia
Canadian troops in Latvia will soon be protected by a $227 million Swedish-designed short-range anti-aircraft system, Defence Minister Bill Blair announced Thursday in Brussels as NATO allies met to assess both the war in Ukraine and perceived threatening moves by Russia. The Canadian Army has been without a dedicated air defence to protect ground troops from attack helicopters and fast-moving…