Corruption Ledger

UNITED NATIONS, June 19 (Reuters) – U.N. Secretary-General Antonio Guterres on Monday urged Israel to halt and reverse what he described as troubling and alarming decisions on settlement activity in the occupied West Bank, a U.N. spokesperson said. “The Secretary-General reiterates that settlements are a flagrant violation of international law. They are a major obstacle to the realization of a viable two-State solution and a just, lasting and comprehensive peace,” deputy U.N. spokesperson Farhan Haq said in a statement. “The…

BEIRUT (AP) — A Lebanese judge on Monday questioned auto tycoon Carlos Ghosn in Beirut over possible links to a former French Cabinet minister charged two years ago with “passive corruption” for work she did for him, officials familiar with the case said. The Lebanese officials said Ghosn denied any dealings with France’s former Justice Minister Rachida Dati who is accused of having done consulting work for Ghosn for two years starting in 2010 when she was a member of…

Emails from the Biden laptop shed light on Burisma’s opening of a Maltese bank account for Hunter Biden in the spring of 2016. This newly discovered development coincides with the allegations made by an FBI source, suggesting that Mykola Zlochevsky, the founder of Burisma Holdings, allegedly paid a $5 million bribe each to then-Vice President Joe Biden and his son, Hunter Biden. In 2014, Ukraine initiated criminal cases against Zlochevsky and Burisma, the company where Hunter Biden held a board…

My latest Deeper Dive dug into China’s failing commercial real-estate market, as well as other global commercial real-estate markets that are collapsing, laying out the corporate zombie apocalypse that is building particularly in office real estate, but also still deepening in retail real estate. It’s happening all over the world: Unprofitable companies that survived only because of cheap credit (zombies) — and even some profitable ones — are toppling as credit costs rise. The headlines supporting my summary analysis this weekend can…

Russian businessman Roman Abramovich is refusing to sign off the release of £2.3 billion ($2.9 billion) made from his sale of Chelsea Football Club to Ukraine, as he apparently wants a “substantial” part of the sum transferred to Russians affected by the conflict, a UK newspaper has reported. The newspaper also cited an unnamed source close to the above-mentioned funds as saying the hope is that “money will start arriving in Ukraine before harsh winter conditions set in again towards…

  The U.S. government has confirmed that multiple federal agencies have fallen victim to cyberattacks exploiting a security vulnerability in a popular file transfer tool. In a statement shared with TechCrunch, CISA confirmed that “several” U.S. government agencies have experienced intrusions related to the exploitation of a vulnerability in MOVEit Transfer, an enterprise file transfer tool developed by Progress Software. The agency also attributed the attacks to the Russia-linked Clop ransomware gang, which this week started posting the names of…

The U.S. government has been hit in a global hacking campaign that exploited a vulnerability in widely used software, the nation’s cyber watchdog agency said on Thursday. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) said several federal bodies had experienced intrusions following the discovery of a weakness in the file transfer software MOVEit, Eric Goldstein, the agency’s executive assistant director for cybersecurity, said in a statement. “We are working urgently to understand impacts and ensure timely remediation,” he said….

Omar Asad, 80, was detained at a temporary checkpoint in the occupied West Bank overnight in January 2022. The soldiers left him unresponsive on the ground of a construction site and said they assumed he had fallen asleep. Palestinian leaders say this case shows the near impunity of Israeli soldiers. They have called for those involved to be prosecuted in an international court. Mr Asad had been out drinking coffee and playing cardsbeforedriving to his home in the village of…

Russian President Vladimir Putin threatened to order troops to take more land in Ukraine in order to protect Russian territory, he said in remarks on Tuesday. The assertion comes as Ukraine begins a long-awaited counteroffensive in the country’s south and east, claiming small victories that have been disputed by the Russian government. Putin said Ukraine has suffered “catastrophic” losses in their probing attacks into Russian-occupied portions of Ukraine, however Ukrainian officials have so far called the offensive a success. He…

DUBAI, United Arab Emirates (AP) — Kuwait reached an agreement worth $367 million with Turkish drone giant Baykar to purchase its increasingly sought-after TB2 combat drones, the Kuwaiti army said. The drone, Bayraktar TB2, boasts unmanned aerial vehicles that can carry lightweight, laser-guided bombs, and fly for up to 27 hours at a time, which, according to the company, was “a record,” it had set while testing the drone in Kuwait in 2019. The announcement, on Tuesday, would set Kuwait…

  The European Commission has signalled it could be preparing to break up Google’s adtech business. Speaking during a press conference this afternoon, EU EVP Margrethe Vestager, the bloc’s competition chief and head of digital strategy, announced it has sent a formal statement of objections to Google for suspected anti-competitive conduct in its adtech business. If the Commission confirms its suspicions she said it is looking at breaking up Google’s adtech as the only viable solution to resolve what she…

The Royal Canadian Mounted Police are investigating allegations China tried to intimidate a federal legislator, one of more than 100 inquiries into foreign meddling, the RCMP commander said on Tuesday. Canada has accused China of trying to interfere in its affairs through various schemes, including illegal police stations and the targeting of lawmakers. Beijing has strongly denied all such allegations. Ottawa expelled a Chinese diplomat last month for allegedly seeking to target opposition lawmaker Michael Chong’s family in Hong Kong…

HONG KONG – UBS will impose strict restrictions on bankers from Credit Suisse, including a ban on new clients from high-risk countries, according to a Financial Times report, with the two banks moving to close the historic takeover as soon as Monday. A list consisting of almost two dozen “red lines” will prohibit Credit Suisse staff from a range of activities, a limitation meant to curb risk for UBS, the newspaper reported Sunday. Earlier, UBS chief executive officer (CEO) Sergio…

FRANKFURT – The European Central Bank (ECB) will almost certainly deliver another interest rate hike on Thursday as the eurozone slides into a recession. Analysts predict that ECB policymakers will copy May’s move and again raise borrowing costs by 25 basis points, taking the closely watched deposit rate to 3.5 per cent. It would be the Frankfurt institution’s eighth consecutive hike since July 2022, when it kicked off an unprecedented campaign of monetary tightening after Russia’s war in Ukraine sent food…

Struggling to overcome recruiting shortfalls, the Army and the Air Force have bolstered their marketing to entice legal residents to enlist, putting out pamphlets, working social media and broadening their outreach, particularly in inner cities. One key element is the use of recruiters with similar backgrounds to these potential recruits. Airman 1st Class Joshua Fancisco, from the Philippines, left, Airman 1st Class D’elbrah Assamoi, from Cote D’Ivoire, center, and Airman 1st Class Jordan Flash, from Jamaica, looks at their U.S….