Corruption Ledger

“The introduction of independent settlement mechanisms is being successfully carried out, which will help protect cooperation with Cuba from the negative impact of the US trade, economic and financial blockade, as well as establish ties bypassing the financial organizations of unfriendly states,” the Russian diplomat said. In January, the chairman of the Russia-Cuba Business Council, Boris Titov, said that in order to mitigate the effect of Western sanctions, the countries are considering new mechanisms for mutual settlements, including in ruble and cryptocurrencies, as well as clearing schemes.

Moscow has been also promoting its SPFS interbank messaging system as an alternative to SWIFT as the West has ramped up economic restrictions. Nearly 470 participants, including foreign entities from 14 countries, have already joined the SPFS. Russia has also accelerated efforts to move away from the US dollar and euro towards settlements in national currencies.

The United States and California filed the suit alleging that HVI Cat Canyon, which previously owned and operated multiple oil and gas production facilities in Santa Barbara County, California, was liable for:

12 oil spills into waters of the United States in violation of the Clean Water Act;
17 oil spills into waters of the state in violation of state law;
Reimbursement of the federal and state governments’ costs of cleaning up the oil spills;
Natural resource damages under state law for harm to fish, plant, bird, or animal life and habitat; and
Numerous violations of federal Oil Pollution Prevention Regulations identified in 16 EPA inspections across 11 facilities.

DAMASCUS (AP) — An Israeli airstrike hit the Aleppo airport early Tuesday and put it out of service, Syrian state media reported. Citing a military source, the state news agency SANA said Israel “carried out an air attack from the direction of the Mediterranean Sea, west of Latakia, targeting Aleppo International Airport.” SANA said the strike “caused material damage” to…

A Norfolk Southern train derailed in Clark County on Saturday, prompting Clark County officials to ask residents to shelter in place out of “an abundance of caution.” “The Clark County Emergency Management Agency is asking residents within 1,000 feet of a train derailment at Ohio 41 near the Prime Ohio Business Park to shelter-in-place out of an abundance of caution,”…

Leaked intelligence reports: China provided secret funding to 11 candidates. Liberals were warned one of their candidates might have been compromised by China. Chinese diplomats and proxies made undeclared cash donations and hired international Chinese students to volunteer for candidates full-time.

The Biden administration has restricted sales of some US technology to 37 companies and organisations, saying that their activity threatened national security. Three-quarters of the companies included in the announcement, which was made on Thursday, are based in China. They include entities that the commerce department said had supported Beijing’s military modernisation or produced technology that risked being diverted for…

A news outlet reported that jewels worth more than $3m were discovered in the backpack of a former aide in October 2021.

Pressure from Russian forces mounted Saturday on Ukrainians hunkered down in Bakhmut, as residents attempted to flee with help from troops who Western analysts say may be preparing…

Tens of thousands rally for the ninth straight week against government plan to overhaul court system.

Dozens of schoolgirls admitted to hospital across several Iranian provinces, according to local media reports.

State Secretary – Russian Deputy Foreign Minister Yevgeny Ivanov said that these are countries such as Bahrain, Oman, Saudi Arabia, The Bahamas, Barbados, Haiti, Zambia, Kuwait, Malaysia, Mexico, Trinidad and Tobago MOSCOW, March 5. /TASS/. Russia is preparing intergovernmental agreements on visa-free travel with 11 countries, including Saudi Arabia, Kuwait, The Bahamas, Malaysia and Mexico, State Secretary – Russian Deputy…

Royal Park Investments (RPI), the so-called “bad bank” of the former Fortis, has filed a billion-dollar claim against rating agency S&P. De Tijd writes this and appears from media reports in the Cayman Islands, the place where the lawsuit was filed.

Japan has resumed imports of Russian oil after an eight-month hiatus in deliveries, S&P Global Platts reported this week, citing the country’s ministry of economics, trade and industry.

According to the report, the alternatives encompass “non-specialized financial messaging services” such as phone, fax, or email. Banks that are not on the EU sanctions list can use these channels to conduct business with European financial institutions if the transactions are also not subject to sanctions, the document states. It specifies payments for imports and exports of non-sanctioned goods as…

The application’s ban among officials in the EU and US sparks a debate about whether Facebook, which extracts more user data, should face the same restrictions This week, the European Commission banned officials from using TikTok on their work devices. “This measure aims to protect the Commission against cybersecurity threats and actions which may be exploited for cyber-attacks against the…

Australia has insisted it will keep US nuclear propulsion technology under tight lock and key after it gains access to sensitive information, with Canberra’s envoy to Washington pledging to safeguard America’s crown jewels.