Category: government corruption

The top US securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major crypto exchange, in a dramatic escalation of a crackdown on the industry and one that could dramatically transform a market that has largely operated outside regulation. The US Securities and Exchange Commission (SEC) on Monday took aim at Binance, the…

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…

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…

The BRICS bloc’s push to create a new trade and reserve currency that can serve as an alternative to the dollar could start chipping away at the greenback’s hegemony in less than three months’ time, former CIA and Department of Defense advisor and investment banker James Rickards has predicted. “It involves the rollout of a major new currency that could…

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…

The U.S. government has given Chinese and Russian entities at least $1.3 billion for various research programs over the past five years, according to an analysis released Wednesday by Republican Iowa Sen. Joni Ernst and watchdog group Open the Books. The analysis revealed that millions of taxpayer dollars have been given to, among others, a Chinese software developer for military tech support,…

“On Saturday, June 3, 2023, the President signed into law … H.R. 3746, the ‘Fiscal Responsibility Act of 2023,’ which suspends the public debt limit through January 1, 2025, and increases the limit on January 2, 2025, to accommodate the obligations issued during the suspension period,” it said. The bill also rescinds certain unobligated balances, expands work requirements for a…

NEW YORK, May 30 (Reuters) – Bankrupt OxyContin maker Purdue Pharma can shield its owners, members of the wealthy Sackler family, from opioid lawsuits in exchange for a $6 billion contribution to the company’s broader bankruptcy settlement, a U.S. appeals court ruled on Tuesday. The New York-based 2nd U.S. Circuit Court of Appeals said that U.S. bankruptcy law allows legal…

WASHINGTON — The U.S. Air Force walked back comments reportedly made by a colonel regarding a simulation in which a drone outwitted its artificial intelligence training and killed its handler, after the claims went viral on social media. Air Force spokesperson Ann Stefanek said in a June 2 statement no such testing took place, adding that the service member’s comments…

The United Nations officially launched its mission this week to prevent what it says could be an “environmental catastrophe” on the Red Sea. Sitting off the coast of Yemen lies a nearly half-century-old ship with roughly 1.14 million barrels of crude oil on board, the global agency said – and it’s “deteriorating rapidly.”  The massive 47-year-old supertanker, FSO Safer, rests…

Governments around the world are cracking down on free speech. What they are demanding includes the ability to read private encrypted text messages and invade homes in search of wrongspeech. Their demands thus go far beyond what the Censorship Industrial Complex was able to get away with over the last six years. And things are getting worse. Last week, the…

The symposium that was to take place on Sunday aimed to honor the memory of Dominique Venner, a historian who took his life exactly 10 years ago in the Cathedral of Notre-Dame de Paris as a “sacrifice” to “break with the lethargy that is overwhelming us,” to “awaken slumbering consciences.” “I rebel against fate. I protest against poisons of the soul and…

Epstein’s calendars show the financier meeting with A-listers including tech billionaires Bill Gates and Peter Thiel, music executive Tommy Mottola, artist Jeff Koons, magician David Blaine, and filmmaker Woody Allen – all after being required to register as a sex offender as part of the sweetheart plea deal that allowed him to serve less than two years under house arrest. …

WASHINGTON — More than 1 million F-35 spare parts worth at least $85 million have gone missing over at least the last five years, according to a new Government Accountability Office report criticizing the program’s supply tracking. Auditors said that because the government doesn’t have its own system tracking those parts, officials may not truly know how many spare parts…

AUSTIN, Texas (AP) — On the way to Texas Attorney General Ken Paxton becoming a rising figure in the GOP, his wife, Angela, used to entertain crowds with a guitar and a song. “I’m a pistol-packin’ mama, and my husband sues Obama,” she sang at campaign events and Republican clubs in Texas. When it came time for the high school…

Michael Sasso, a Florida attorney, was selected by DeSantis to join the Central Florida Tourism Oversight District, which gained control of Walt Disney World’s special tax district through recent legislation. The reason for Sasso’s resignation remains unclear.However, Governor DeSantis appointed Sasso’s wife, Judge Meredith Sasso, to the state’s Supreme Court just last week. The latter’s husband is the managing partner of Sasso and Sasso, P.A., a law practice specializing in election law, complex business, and construction litigation.In response, Disney filed a lawsuit against DeSantis and other state officials, accusing them of harming its business by revoking Disney World’s self-governing status and engaging in a targeted campaign of government retaliation. The lawsuit claims that DeSantis orchestrated these actions to punish Disney’s protected speech, threatening its business operations, economic future, and constitutional rights.Governor DeSantis, who recently announced his official 2024 White House bid, has continued to clash with Disney. He recently filed a motion to disqualify the judge overseeing the First Amendment case, citing the judge’s previous comments regarding the Disney feud.