Corruption Ledger

In a letter addressed to Congress, Boeing has admitted the inability to locate records for maintenance performed on a door panel that malfunctioned during an Alaska Airlines flight over Oregon two months ago. “We have looked extensively and have not found any such documentation,” Ziad Ojakli, Boeing executive vice president and chief government lobbyist, wrote to Sen.Maria Cantwell on Friday. Alaska Airlines suspended operations of its entire Boeing 737-9 fleet on January 5, following an alarming incident where a window…

A United Airlines jet with 166 passengers aboard rolled off the runway into a grassy area in Houston on Friday morning, making it the third such mishap involving a Boeing plane this week. No casualties were reported, the Airlines said in a statement. Video footage taken after the landing showed the plane leaning to one side, with one of its wings quite close to the ground. United Flight 2477 from Memphis, Tennessee, had arrived at Bush Intercontinental Airport at 8am…

French President Emmanuel Macron on Tuesday urged Ukraine’s allies not to be “cowards” in supporting the country to fight off the Russian invasion. It seems that only a coward can fear nuclear conflict, in Macron’s view. Are all political ‘leaders’ losing their minds? Maybe. Or maybe it is only the insecure ones who need to put forth such grand (verbal) gestures of strength in the face of rapidly declining public approval. Macron appears desperate to create a ‘stong man’ image…

Department of Justice U.S. Attorney’s Office Office of Public Affairs FOR IMMEDIATE RELEASE Thursday, February 29, 2024  United States Also Reaches Settlement with Endo International in Bankruptcy Case Endo Health Solutions Inc. (EHSI), which is in bankruptcy, has agreed to resolve criminal and civil investigations related to the company’s sales and marketing of the opioid drug Opana ER with INTAC (Opana ER), the Justice Department announced today. The United States has also reached an agreement in Endo’s bankruptcy case to…

According to a recent survey by The Associated Press-NORC Center for Public Affairs Research, a growing number of US adults have doubts about President Joe Biden’s and Donald Trump’s ability to effectively perform the duties required of a US president. Source: https://apnorc.org/projects/many-are-concerned-about-bidens-mental-fitness-and-job-performance/

washington —  Civil liberties declined globally for the 18th consecutive year in 2023, with conflict and flawed elections the biggest factors, a new report has found. Political rights and civil liberties deteriorated for more than one-fifth of the population, the non-profit group Freedom House found. And only one-fifth of the 210 countries and territories the research group analyzed was found to be “free.” Released on Thursday, the Freedom in the World report assesses political rights and civil liberties, then ranks…

  STOCKHOLM – Two of Sweden’s largest property companies on Feb 27 announced multi-billion-crown write-downs in their 2023 results, dealing fresh blows to their beaten-down shares, even though both voiced hopes the worst is over for Europe’s property rout. Heimstaden’s preferential shares dropped more than 30 per cent after Fitch cut its credit rating deeper into so-called “junk” territory and the company said it would defer hybrid bond interest payments. SBB shares fell more than 4 per cent. For years,…

Barclays (BARC.L), opens new tab has agreed to sell about $1.1 billion of credit card debt in the United States to Blackstone. Banks globally have been making greater use of credit risk transfers to shed risk from loan portfolios, Reuters has reported, with investors sharing the risk of losses. (See Corporate home buyouts: homelessness, mortgage & rent crisis rising) Barclays’ investment bank acted as an advisor to Blackstone on the transaction. (Reuters)  Blackstone’s investment has been made through insurance accounts managed…

The Pentagon’s inspector general said its criminal investigators have opened more than 50 cases related to aid provided to Ukraine, including some involving contractors, but have yet to firm up any allegations. The investigations, which are at different stages, are looking at issues including “procurement fraud, product substitution, theft, fraud or corruption, and diversion,” the inspector general, Robert Storch, said in a briefing Thursday. “We have not substantiated any such allegations, though that may well change in the future,” he…

Madrid — There was a time when activists and journalists who wanted to evade the ever-listening ear of the Cuban government spoke in code or had to meet in European embassies. The arrival of internet and encrypted messaging services offered some respite. But as quickly as technological advances made communicating and reporting on Cuba’s government easier, Havana found ways to disrupt or block messages. Cuba’s independent journalists run a cat-and-mouse game with the government to make sure their phones do…

In a significant legal move, authorities in the United States have brought charges against the head of a prominent Japanese criminal organization, accusing him of orchestrating a scheme to traffic nuclear materials from Myanmar, with the intended destination being Iran’s nuclear weapons program. Takeshi Ebisawa, aged 60, stands accused alongside his associate, Somphop Singhasiri, aged 61, of engaging in a range of illicit activities, including drug trafficking, arms smuggling, and the illicit trade of nuclear substances. Anne Milgram, Director of…

ROME — Italy’s Fincantieri and UAE group EDGE have agreed to create a Abu Dhabi-based joint venture to build and sell naval vessels to non-NATO countries, the firms said Tuesday. The JV, which will be 51% owned by EDGE but run by Fincantieri managers, will aim to take advantage of the UAE’s relations with other states and the export credit financing it offers. The venture “will be awarded prime rights to non-NATO orders, especially leveraging on the attractiveness of UAE…

JERUSALEM: Israel has imposed financial restrictions on the main UN agency providing aid in the Gaza Strip, a measure which prevented a shipment of food for 1.1 million Palestinians from reaching the war-battered enclave, the agency’s director said Friday. The restrictions deepened a crisis between Israel and UNRWA, whose operations have been threatened following Israeli accusations that some of its workers participated in the October 7 attack that triggered Israel’s war in Gaza. Those accusations have led major donor nations,…

ISLAMABAD: Independents backed by jailed former prime minister Imran Khan won the most seats in Pakistan’s election on Friday after results from over half the constituencies were announced, leaving political parties trailing. Almost 24 hours have passed since the close of polls and the results have been unusually delayed, which the government ascribed to the suspension of mobile phone services – a security measure ahead of Thursday’s election. Of the 136 seats counted by 1045 GMT from 235 contested, independent…

A leaked recording obtained by investigator and writer Sasha Latypova features an executive at the pharmaceutical company AstraZeneca stating the following: It wasn’t a surprise to me when I got a call on February 4th from the Defense Department here in the US saying that the newly discovered Sars-2 virus posed a national security threat. This is an astonishing, major-newspaper headline-worthy revelation. But here’s what was happening on February 4, 2020: Virus Activity in the US According to CNN, on…

A former CIA software engineer was sentenced to 40 years in prison on Thursday after his convictions for what the government described as the biggest theft of classified information in CIA history and for possession of child sexual abuse images and videos. The bulk of the sentence imposed on Joshua Schulte, 35, in Manhattan federal court came for an embarrassing public release of a trove of CIA secrets by WikiLeaks in 2017. He has been jailed since 2018. “We will…