Category: corporate corruption

Heat wave in US turning Texas prisons into ‘ovens’

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…

Germany opposes US sending cluster bombs to Ukraine

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…

Stop using Google Analytics, warns Sweden’s privacy watchdog, as it issues over $1M in fines

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…

BlackRock, JP Morgan set up ‘reconstruction bank’ for Ukraine: $411 billion needed to rebuild country

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.

Hunter Biden to plead guilty to tax crimes, reaches deal on gun charge

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…

Internal docs new details on Jeffrey Epstein’s ties to JPMorgan Chase, Jes Staley

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 UN’s New Fact-Checking System Called “iVerify” Will Be Used To Crack Down On “Misinformation” All Over The World

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…

Auto tycoon Ghosn denies payments to former French Cabinet minister charged with “passive corruption”

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…

The BRICS Dollar Debacle

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…

Abramovich Refuses to Transfer $2.9 Bln From Chelsea Sale to Ukraine – Reports

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…

News Coverage of the September 2022 Nord Stream Pipeline Attack

Jun 6, 2023. CIA knew of Ukraine plan to blow up Nord Stream pipeline: Report (Straits Times) Feb. 10, 2023. Report over pipeline blasts causing uproar (China Daily) Feb. 9, 2023. Moscow calls Biden a ‘terrorist’ over Nord Stream explosion Feb. 9, 2023. Kremlin Calls For Conducting Int’l Probe in Light of Journalist Hersh’s Report Feb. 9, 2023. Journalist’s investigation…

Disgruntled employer Fox News says Tucker Carlson breached his contract: Report

Fox News on Wednesday notified Mr Tucker Carlson’s legal team that the former prime-time host violated his contract with the network when he launched his own Twitter show on Tuesday, Axios reported, citing a copy of a letter obtained by the news website. Mr Carlson released the first episode of his new show on Twitter on Tuesday, weeks after being…

Saudi crown prince, US’ Blinken had ‘candid’ talks in Jeddah

JEDDAH, Saudi Arabia – US Secretary of State Antony Blinken had an “open, candid” conversation with Saudi Crown Prince Mohammed bin Salman in the early hours of Wednesday about a wide range of bilateral issues, a US official said. The top US diplomat arrived in Saudi Arabia late on Tuesday for a much anticipated visit amid frayed ties due to…

Italian police search former defense exec’s home in corruption probe

ROME — Magistrates in Italy are probing former Leonardo and Fincantieri officials as part of an investigation into alleged corruption. Police removed computer files from the homes of ex-Leonardo CEO Alessandro Profumo and a former Italian Italian prime minister, Massimo D’Alema, and are probing former Fincantieri executive Giuseppe Giordo amid claims bribes were offered to Columbian officials to buy planes…

Treasury ‘sleeping at the wheel’ on PwC tax scandal

Treasury officials have been accused of being asleep at the wheel on breaches of confidential government information. Officials were grilled on their knowledge of potential breaches of confidential Treasury data by former PwC partner Peter Collins, who has been referred to federal police to investigate the allegations. Greens senator Barbara Pocock hit out at Treasury’s decision to sign new confidentiality…

US sues Binance and founder Zhao over ‘web of deception’

WASHINGTON – US regulators sued Binance and its CEO Changpeng Zhao on Monday for allegedly operating a “web of deception,” piling further pressure on the world’s biggest cryptocurrency exchange and sending bitcoin to its lowest in almost three months. The Securities and Exchange Commission (SEC) complaint, filed in a federal court in Washington, DC, listed 13 charges against Binance, Zhao…