Corruption Ledger

Economists see Lehman Brothers-style crisis as unlikely despite jitters following collapse of California-based lender.

The International Criminal Court is expected to seek the arrest of Russian officials for forcibly deporting children from Ukraine and targeting civilian infrastructure, a source said on Monday, in what would be the first international war crimes cases arising from Moscow’s invasion.

The source said the arrest warrants could include the crime of genocide, and were expected to arrive in the “short term” if the court prosecutor’s request was approved by a pre-trial judge at the Hague-based court. It was unclear which Russian officials the prosecutor might seek warrants against.

The office of the prosecutor at the ICC declined to comment.

Russia’s defense ministry did not immediately respond to a request for comment.

Moscow would be certain to reject any arrest warrants against any of its officials. But an international war crimes prosecution could deepen Moscow’s diplomatic isolation and make it difficult for those accused to travel abroad.
The source said the arrest warrants could include the crime of genocide, and were expected to arrive in the “short term” if the court prosecutor’s request was approved by a pre-trial judge at the Hague-based court. It was unclear which Russian officials the prosecutor might seek warrants against.

The package comes within the framework of the so-called Integrated Review, a program document envisioning ‘Global Britain’ and originally adopted under former PM Boris Johnson. The money is set to be funneled to all 42 language services of the BBC World Service and will be used to “support English-language broadcasting,” as well as to “counter disinformation,” the foreign office explained,…

“The day 72 million Japanese go hungry.” That’s the prospect Josei Seven (March 16) unfolds. For shock value? Yes and no. Certainly it’s shocking. But it’s not cheap…

An analysis by Global Affairs Canada argues that Saudi Arabia is the “principal guarantor” of affordable oil for Western countries, as well as an important market for Canadian companies, The Breach reported on Monday, citing the seven-page document. Canadian weapons are crucial to maintaining Riyadh as an “integral and valued security partner,” the report claimed.  The analysis stands in contrast…

Defense spending this year must focus on the blockade threat, earmarking funds to stockpile spare parts for F-16 fighter jets and other weaponry, the Taiwanese Defense Ministry said on Monday, in a report seeking parliamentary budget approval. Since last year, the ministry has been reviewing its strategic fuel reserves and its capacity to repair equipment, said Reuters, which obtained a copy of the report.

The Taiwanese military will also need to replenish its stores of artillery shells and rockets “to strengthen combat continuity,” the ministry said. China’s military has been conducting joint force operations “with an eye to controlling strategic choke points and denying access to foreign forces.”

WASHINGTON (AP) — The Biden administration is allowing thousands of Ukrainians who fled their homeland when Russia invaded a year ago to stay in the United States longer, the administration said Monday. The decision provides relief to Ukrainians whose one-year authorization to remain in the U.S. was set to expire soon.

The Homeland Security Department said the extension is for certain Ukrainian nationals and their immediate family members who were let into the U.S. before the Uniting for Ukraine program started.

Key developments on March 13: 

Fierce fighting rages over central Bakhmut as Russia’s Wagner mercenaries try to break through Ukrainian defenses in the ruined city, Colonel General Oleksandr Syrskyi said on March 13.
Syrskyi, who commands Ukraine’s Ground Forces and made two known visits to Bakhmut in recent weeks, acknowledged that the situation in the embattled city remained difficult as Russia continued to press forward. The commander said that the Wagner members were storming into central Bakhmut from multiple fronts, but Ukraine still held on to the “fortress” while inflicting “significant losses” on the invading forces.

The Army’s end strength continues to decrease under its most recent budget request.

The service unveiled its part of President Joe Biden’s overall defense budget request to Congress today.

The Army is asking to fund an Army with 452,000 active duty soldiers, 325,000 soldiers in the Army National Guard and 174,000 soldiers in the Army Reserve.

That’s a drop of 21,000 soldiers from the active rosters as compared to last year’s initial request for 473,000 active troops.

According to Andrew Adams, the group has focused on identifying those who are helping Russians to avoid sanctions and export controls. “I think it can be quite effective to be sanctioning facilitators,” Adams said, calling them “professional sanctions evasion brokers.” A recent report from the Treasury Department showed that more than $58 billion worth of sanctioned Russian assets have been blocked or frozen worldwide so far. Adams pointed out that KleptoCapture aims to sell the frozen yachts and other property of sanctioned Russians, despite the legal difficulties, and use the proceeds for the benefit of Ukraine. He noted, however, that this would be done in accordance with the law.

The pharmaceutical giant says it will pay $229 in cash for each share of Seagen.

Russia on Monday began the closed-door trial of jailed opposition activist Vladimir Kara-Murza, who faces up to two decades in prison on treason charges for comments critical of the Kremlin. His trial is the latest in a string of cases against opposition voices in Russia in a crackdown that has intensified since President Vladimir Putin deployed troops in Ukraine last…

Biden administration officials are pressing their Canadian counterparts to make a decision on whether Ottawa will lead a multinational force into Haiti to assist the crisis-racked Caribbean nation in its battle against gang control, U.S. and diplomatic sources said. They are hoping that a visit to Canada by President Joe Biden next week will settle months of debate over the…

Panel says the UN, the Syrian government and others are responsible for delays in getting emergency aid to Syrians.

Did China interfere in Canada’s elections? We don’t know. But journalists must not rely on friendly leaks for the truth.

Hundreds of thousands of people have rallied in cities across Israel for a 10th consecutive week, protesting against plans by Prime Minister Benjamin Netanyahu’s far-right government to curb the Supreme Court’s powers.

Organisers said a record 500,000 people attended Saturday’s rallies, making them the “biggest in Israeli history”.

Media in Israel put the turnout at 250,000 to 300,000 people.

The demonstrations come as Netanyahu’s government prepares to press on with its legislative agenda next week, shunning calls for a pause to allow for negotiations on the divisive judicial reforms.