Category: corporate corruption

This July 3 marks the 10th anniversary of Egyptian army chief General Abdel Fattah Sisi’s violent seizure of power in Cairo. The first democratically elected leader in 5000 years of Egyptian history, Mohamed Morsi, was swept from office, his supporters were massacred by the hundreds, and he ultimately died in prison. With US and UK support, Sisi quickly reversed any tentative democratic gains made during the country’s brief, difficult transition from the rule of longtime Western-backed autocrat Hosni Mubarak. In…

Dr. Jordan Peterson, the ex-University of Toronto psychology professor who gained fame for his vigorous defense of free speech, has been subjected to what is perceived as a systemic censorship effort by YouTube. A popular figure in media circles, Peterson’s prolific online presence took a hit when the video-sharing platform decided to censor his account, a move the professor lamented on social media. On Wednesday, the professor shared on Twitter a copy of the email he received from YouTube justifying…

  The body of missing 59-year-old Mexican journalist Luis Martín Sanchez Iniguez was found in the Mexican state of Nayarit with signs of violence, the state public prosecutor’s office confirmed Saturday. Sanchez Iniguez worked for the newspaper La Jornada. He had been missing since Wednesday and his wife filed a missing person’s report with Mexican authorities on Friday. His body was found on the outskirts of the city of Tepic. It was not immediately clear how he died, but authorities…

HOUSTON – On the afternoon of July 4, as Americans were celebrating the country’s independence with elaborate fireworks displays, a prisoner named Joseph Martire passed out in his cell in Texas, amid the excessive heat that has been swamping much of the southern United States in recent days. In concrete, brick and metal penitentiaries, industrial fans churn warm vapour without really cooling the air. And with no air-conditioning in most prisons, when outside temperatures exceed 40 deg C, it can…

On Friday, foreign minister Annalena Baerbock said that the country opposes the United States sending cluster munitions after the Biden administration announced it was considering it.  According to Reuters, Germany is one of 111 states that are part of the Convention on Cluster Munitions (CCM) and the organization also opposes the munitions which are widely denounced for killing and maiming civilians long after a war is over. “I have followed the media reports. For us, as a state party, the Oslo…

James S. Crown On Sunday, James S. Crown died in an unusual single-car accident, reportedly on a motorsport racetrack at a “member-owned country club” in Aspen, Colorado. The Pitkin County Coroner’s Office said in a statement that “The official cause of death is pending autopsy, although multiple blunt force trauma is evident.” The Sheriff’s Office indicated that the earliest new information would be made available to the public is next week. In August of last year, Wall Street On Parade made a…

Sweden’s data protection watchdog has issued a couple of fines in relation to exports of European users’ data via Google Analytics which it found breach the bloc’s privacy rulebook owing to risks posed by US government surveillance. It has also warned other companies against use of Google’s tool. The fines — just over $1.1 million for Swedish telco Tele2 and less than $30k for local online retailer CDON — are notable as they are the first such fines following a…

BlackRock and JPMorgan Chase are reportedly aiding the Ukrainian government in setting up a reconstruction bank that could see rebuilding projects being heavily invested in by private entities. The Financial Times noted that it would cost Ukraine roughly $411 billion to rebuild their country amid the onslaught of attacks by Russia, but the cost is continuing to increase.

Potential investors will get an inside preview of how things will look during a London conference that is set to take place this week.

WASHINGTON (Reuters) -U.S. President Joe Biden’s son Hunter Biden has agreed to plead guilty to two charges of willfully failing to pay income taxes. He will enter into an agreement that could enable him to avoid a conviction on a gun-related charge, according to a court filing on Tuesday. The federal charges against Hunter Biden resulted from an investigation by David Weiss, the U.S. attorney in the Democratic president’s home state of Delaware, who was appointed by Republican then-President Donald…

A new report has revealed details surrounding Jeffrey Epstein’s ties to JPMorgan Chase, one of the largest banking institutions in the world, and specifically highlighted the financier’s ties to former JPMorgan executive Jes Staley. Epstein was arrested in 2019 on federal sex-trafficking charges, and died that same year in jail before he was tried in court over sex trafficking charges. The 20-plus internal report was reportedly prepared after news broke of Epstein’s arrest in 2019. According to reports based on…

Most of us just want to live our lives in peace without excessive governmental interference, but unfortunately the control freaks that are running things just can’t help themselves.  Ultimately, they aren’t going to be happy until they are able to watch, track, monitor and control virtually everything that we write, say and do.  This is one of the big reasons why they are gearing up to introduce “central bank digital currencies” all over the western world.  Such digital currencies will…

BEIRUT (AP) — A Lebanese judge on Monday questioned auto tycoon Carlos Ghosn in Beirut over possible links to a former French Cabinet minister charged two years ago with “passive corruption” for work she did for him, officials familiar with the case said. The Lebanese officials said Ghosn denied any dealings with France’s former Justice Minister Rachida Dati who is accused of having done consulting work for Ghosn for two years starting in 2010 when she was a member of…

My latest Deeper Dive dug into China’s failing commercial real-estate market, as well as other global commercial real-estate markets that are collapsing, laying out the corporate zombie apocalypse that is building particularly in office real estate, but also still deepening in retail real estate. It’s happening all over the world: Unprofitable companies that survived only because of cheap credit (zombies) — and even some profitable ones — are toppling as credit costs rise. The headlines supporting my summary analysis this weekend can…

Emails from the Biden laptop shed light on Burisma’s opening of a Maltese bank account for Hunter Biden in the spring of 2016. This newly discovered development coincides with the allegations made by an FBI source, suggesting that Mykola Zlochevsky, the founder of Burisma Holdings, allegedly paid a $5 million bribe each to then-Vice President Joe Biden and his son, Hunter Biden. In 2014, Ukraine initiated criminal cases against Zlochevsky and Burisma, the company where Hunter Biden held a board…

Russian businessman Roman Abramovich is refusing to sign off the release of £2.3 billion ($2.9 billion) made from his sale of Chelsea Football Club to Ukraine, as he apparently wants a “substantial” part of the sum transferred to Russians affected by the conflict, a UK newspaper has reported. The newspaper also cited an unnamed source close to the above-mentioned funds as saying the hope is that “money will start arriving in Ukraine before harsh winter conditions set in again towards…