Corruption Ledger

WASHINGTON (AP) — The Transportation Department said Thursday that it fined Middle Eastern airline Emirates $1.8 million for flights in regions off-limits to U.S. airlines while it allowed JetBlue Airways to sell seats on the planes. The fine involves a “significant number” of flights from December 2021 to August 2022 that passed over Iraq on their way between the United States and the United Arab Emirates. UAE-based Emirates was fined $400,000 in 2020 for similar flights and agreed not to…

USS Helena, a Los Angeles-class boat, arrived on Thursday for a “routine port visit,” the US Southern Command said in a statement.  “The vessel’s location and transit were previously planned,” SOUTHCOM added, noting that the Helena is “conducting its global maritime security and national defense mission.” AP described the submarine’s arrival as “a show of force” by Washington, in response to the presence of Russian ships so close to US shores. A four-vessel task force of the Russian Navy’s Northern…

The bloc’s top court also hit Hungary with a €1 million-a-day penalty until the asylum law is fully implemented by the European Court of Justice (ECJ) to pay €200 million ($216 million) for failing to comply with EU asylum rules. In addition to the one-off penalty, the Luxembourg-based court also ruled that Budapest must pay €1 million per day until it fully implements the legislation. Hungarian Prime Minister Viktor Orban has criticized the ruling as “outrageous and unacceptable.” “It seems…

Donating fighter jets to Kiev will not involve members of the alliance in the conflict, Jens Stoltenberg has insisted Ukrainian strikes anywhere inside Russia using Western-donated F-16 aircraft would not be an escalation of the conflict and would not make NATO member states parties to it, according to the military bloc’s Secretary General Jens Stoltenberg. He was asked on Thursday whether restrictions should be imposed on how Kiev can use the US-designed fighter jets. Several European nations intend to provide…

Washington is “extremely hypocritical” for arming Kiev while pushing for peace, Beijing’s foreign ministry has said. The US is using the Ukraine crisis as an opportunity to impose sanctions while continuing to pump Kiev with weapons, Chinese Foreign Ministry spokesman Lin Jian said on Thursday. Lin made the remarks after the US State Department and Treasury Department announced a new round of curbs on Wednesday targeting 300 additional individuals and entities in Russia and other countries, including Türkiye, and the…

CAIR, June 13. /TASS/. At least 30 Palestinians were killed and more than 100 injured as a result of Israeli actions in the Gaza Strip over the past 24 hours, the Health Ministry reported. “Over the past 24 hours, 30 people were killed and 105 wounded as a result of the Israeli aggression against the residents of the Gaza Strip,” the ministry said in a statement on its Telegram channel. It also pointed out that “the total number of victims…

The Warsaw-based facility will detect “deceptive narratives” on the Ukraine conflict, the US State Department has said. The United States and Poland have launched an international group based in Warsaw to counter what they describe as Russian disinformation on the Ukraine conflict, the US State Department has announced. The Ukraine Communications Group (UCG) is designed to detect “deceptive narratives” from Russia targeting Kiev and “amplify Ukrainian voices,” the State Department said in a statement on Monday. James Rubin, the head…

The envoy made the statement during an address dedicated to Russia Day, which was celebrated on Wednesday. Earlier the same day, Washington announced more restrictions on Moscow over its military operation against Ukraine. “The US administration congratulated the Russian people with the announcement of yet another sanctions package,” Antonov said. Russia will not insist on being a US partner, but remains “open for honest and equal dialogue once the Americans come to their senses,” the diplomat stressed. “Nevertheless, we will…

Johnson & Johnson has agreed to pay $700m to settle lawsuits in the United States that accused the pharmaceutical giant of deceiving customers about the safety of its talcum-based powder products. J&J’s payout resolves an investigation by more than 40 US states into the marketing of baby powder and other talc-based products that contained traces of cancer-causing asbestos. “Targeting communities with cosmetic products that contain dangerous substances is not just illegal, it is very cruel,” New York Attorney General Letitia…

A Russian nuclear-powered submarine and other naval vessels arrived in Cuba on Wednesday for a five-day visit to the island in a show of force amid spiraling U.S.-Russian tensions. The submarine Kazan, which Cuba says is not carrying nuclear weapons, was accompanied by the frigate Admiral Gorshkov, as well as an oil tanker and a salvage tug. The Kazan and Admiral Gorshkov, which is one of Russia’s most modern warships, could be seen just off Havana, which is about 90…

NEW YORK – Terraform Labs and its co-founder Do Kwon will pay US$4.47 billion (S$6 billion) to resolve a US Securities and Exchange Commission (SEC) lawsuit over the company’s 2022 collapse, which wiped out US$40 billion in investor assets and shook the cryptocurrency world. The SEC on June 12 asked a federal judge in New York to approve the settlement. The deal was reached after a jury in April found Terraform and Kwon liable for fraud following a two-week civil…

The United States on Wednesday announced a raft of new sanctions aimed at constraining Moscow’s ability to wage war on Ukraine while raising the stakes for foreign banks that still do business with Russia. The Treasury Department and State Department’s sanctions impacted more than 300 targets, including entities in Russia and countries like China, Turkey and the United Arab Emirates. Those designated include the Moscow Exchange and several subsidiaries, a move set to complicate billions of dollars in transactions, as…

The lead manager in a funds scandal that led to a $6bn settlement between Germany’s Allianz and US authorities has pleaded guilty to investment adviser fraud, two years after two other managers pleaded guilty for their roles in the scheme. The scandal at one of its US asset management units rocked Allianz, one of the world’s biggest insurance groups, casting doubt over its control functions and triggering an apology from its chief executive. Gregoire Tournant pleaded guilty on Friday to…

WASHINGTON – Federal regulators have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the artificial intelligence industry, in the strongest sign of how regulatory scrutiny into the powerful technology has escalated. The Justice Department and the Federal Trade Commission struck the deal over the past week, and it is expected to be completed in the coming days, according to two people with knowledge of the matter,…

PARIS – Journalists at AFP will hold a 24-hour strike starting June 6 at 0800 GMT (4.00pm Singapore time) to protest against potential changes in the status of journalists working outside France. The movement threatens to disrupt primarily the French-language production of Agence France-Presse during a period of major domestic news, with a ceremony for the 80th anniversary of the D-Day landings, EU elections and a TV appearance by President Emmanuel Macron. Unions within AFP called for the strike after…

On a tiny island off Panama’s Caribbean coast, about 300 families are packing their belongings in preparation for a dramatic change. Generations of Gunas who have grown up on Gardi Sugdub in a life dedicated to the sea and tourism will trade that next week for the mainland’s solid ground. They go voluntarily — sort of. The Gunas of Gardi Sugdub are the first of 63 communities along Panama’s Caribbean and Pacific coasts that government officials and scientists expect to…