Category: Corruption

Leaders of the Group of Seven advanced economies are generally united in voicing concern about China. The question is how to translate that worry into action. Over the past two years, President Joe Biden’s administration has sought to reframe the relationship with Beijing and build support among like-minded nations for a strong response to what officials in Washington and some other Western democracies say is “economic coercion.” But the G7 also needs to cooperate with China on broader global issues…

The Russian branch of environmental group Greenpeace on Friday said it would shut down after authorities declared the group an “undesirable organization”, effectively banning it from operating. In a statement, Russia’s Prosecutor General said Greenpeace had tried to “interfere in the internal affairs of the state” and was “engaged in anti-Russian propaganda” by calling for sanctions against Moscow. The label “undesirable” has been applied to dozens of foreign groups since Moscow began using the classification in 2015, and effectively bans…

MOSCOW – Russia has issued an arrest warrant for the International Criminal Court (ICC) prosecutor who in March prepared a warrant for President Vladimir Putin on war crimes charges, Russian media reported on Friday. The British prosecutor, Karim Khan, was added to the Interior Ministry’s wanted list, state-owned news agency TASS said, citing the ministry’s database. Moscow opened cases against Khan and three ICC judges on March 20, days after the order for Putin’s arrest. The ICC and its office…

GENEVA – Rising temperatures are making it increasingly difficult to reach global health goals. There is a risk of more than nine million climate-related deaths each year by the end of the century, according to the World Health Organisation (WHO). “All aspects of health are affected by climate change – from clean air, water and soil to food systems and livelihoods,” the WHO said in its annual World Health Statistics report released on Friday. “Further delay in tackling climate change…

Thales, a French multinational defence firm, is now facing a bribery probe from French prosecutors over allegations related to a contract to modernise the Indian Air Force’s (IAF) Dassault Mirage 2000 planes. Sanjay Bhandari, who claims to have assisted Thales in winning the $2.5 billion contract in 2011, has made the accusations, with the focus of the investigation on whether the payments made to Bhandari were hidden bribes. Thales has denied any wrongdoing and highlighted that prosecutors have not yet…

The Pentagon has so far refused to name the target of the attack. However, relatives and neighbors of the victim claim he had no affiliation with the Islamist militants.  Two unnamed officials cited by the Post raised doubts about the strike, which occurred in a rural area of Idlib Province on May 3. “We are no longer confident we killed a senior AQ official,” one of the officials said, referring to Al-Qaeda. The second official added that “though we believe…

BEIJING – China is considering transferring government ownership in the nation’s biggest bad debt managers to a unit of its sovereign wealth fund as part of a financial regulatory regime overhaul, according to people familiar with the matter. Under the current proposal, the Ministry of Finance will move its stakes in China Cinda Asset Management, China Great Wall Asset Management and China Orient Asset Management to Central Huijin Investment, said the people, asking not to be identified. China Investment Corp…

HELENA, Mont. (AP) — Five TikTok users filed a lawsuit to overturn a planned ban on the video sharing app in Montana. They argued in a legal complaint filed late Wednesday in federal court in Missoula that the law is an unconstitutional violation of free speech rights. They also say the state doesn’t have authority over matters of national security. Gov. Greg Gianforte signed the bill into law Wednesday and said it would protect Montana residents’ private data and personal…

Penguin Random House, the largest publisher in the U.S., has sued a Florida county school board over its decisions to ban and restrict access to books. Joining the lawsuit are five authors, two parents of students and the advocacy group PEN America. A new federal lawsuit alleges that recent decisions by officials in a Florida county to ban and restrict access to books in school libraries violates constitutional rights to free speech and equal protection under the law. Over the…

LONDON (AP) — Deutsche Bank has agreed to pay $75 million to settle a lawsuit claiming that the German lender should have seen evidence of sex trafficking by Jeffrey Epstein when he was a client, according to lawyers for women who say they were abused by the late financier. A woman only identified as Jane Doe sued the bank in federal district court in New York and sought class-action status to represent other victims of Epstein. The lawsuit asserted that…

LONDON – Governments are increasingly focusing on health risks fuelled by global warming, with most nations now considering concerns from malaria to heart disease in their climate plans, according to data shared exclusively by the World Health Organisation (WHO). More than 90 per cent of countries have included health hazards in their commitments to tackle climate change, known as nationally determined contributions (NDCs), up from 70 per cent in 2020, according to new WHO data set to be released in…

The world’s largest cryptocurrency exchange has been kicked off a major Australian payments service and banned by big four bank Westpac, with customers suddenly unable to deposit or withdraw funds from the platform. Binance Australia – the local arm of the $6.7 billion crypto exchange Binance – told customers on Thursday afternoon they would no longer be able to deposit funds onto the exchange via PayID, a popular instant payment method. Withdrawal of Australian dollars to bank accounts has also…

Turkish Interior Minister Suleyman Soylu accused the US of using the western media to manipulate the outcome of the upcoming presidential and parliamentary elections in Turkiye. “The plan by the US intensifies actively. The reason of [the] Western media’s interference is the realization of the US’s plan,” Soylu told reporters. In the months leading up to the14 May elections, several US and European media outlets published stories describing President Recep Tayyip Erdogan as a “dictator and tyrant.” On 3 May,…

BENGALURU – Deutsche Bank has agreed to pay US$75 million (S$100.6 million) to settle a proposed class-action lawsuit alleging the lender facilitated the late Jeffrey Epstein’s sex-trafficking ring, The Wall Street Journal reported late on Wednesday, citing lawyers who sued the bank on behalf of alleged victims.

The suit was filed in 2022 in New York by an anonymous woman on behalf of herself and other accusers, alleging Deutsche Bank did business with Epstein for five years knowing he was engaged in sex-trafficking activity, the report said.

Deutsche Bank did not immediately reply to a Reuters’ request for comment. REUTERS

PARIS – A French appeals court on Wed nesday upheld a prison sentence of three years, including two suspended, against former president Nicolas Sarkozy for corruption and influence peddling. The court ruled he should serve one year in detention at home with an electronic bracelet and banned him from public office for three years. He had been found guilty over his attempts to secure favours from a judge in return for the promise of a plum retirement job in a case…

WASHINGTON —Indian authorities have arrested Vivek Raghuvanshi, a defense journalist and longtime correspondent for Defense News, and accused him of espionage, according to reports in the Indian press. Raghuvanshi’s arrest drew a condemnation from Sightline Media Group, the publisher of Defense News and Military Times. “We call for the immediate release of freelance reporter Vivek Raghuvanshi following his arrest in India,” said Mike Gruss, Sightline’s editor-in-chief. “Vivek has written about the Indian defense industry for Sightline publications for more than…