Tag: All Regions
EU justice chief seeks G7 unity on tribunal for Russia over Ukraine war
The European Union’s top justice official said he hopes to discuss with Group of Seven partners plans to set up a special tribunal to prosecute Russia over the war in Ukraine.
“We’ll continue, maybe during the Japanese presidency (of the G7) to see whether it’s possible to have the same approach about a proposal,” European Commissioner for Justice Didier Reynders said in a recent interview with Kyodo News and ahead of a G7 justice ministers’ meeting in July in Tokyo.
Tesla employees shared sensitive images recorded by cars – Reuters
According to nine former workers who talked to the agency, groups of employees shared private footage of customers in Tesla’s internal one-on-one chats between 2019 and 2022. One of the clips in question captured a man approaching his electric car while he was completely naked, one of the sources said.
US investigating whether Ukraine war documents were leaked
WASHINGTON (AP) — The Justice Department has launched an investigation into the possible release of Pentagon documents that were posted on several social media sites and appear to detail U.S. and NATO aid to Ukraine, but may have been altered or used as part of a misinformation campaign. The documents, which were posted on sites such as Twitter, are labeled secret and resemble routine updates that the U.S. military’s Joint Staff would produce daily but not distribute publicly. They are…
Report: Russia formally charges Wall Street Journal reporter
MOSCOW (AP) — Jailed Wall Street Journal reporter Evan Gershkovich has been charged with espionage in Russia and has entered his official denial, Russian state news agency Tass reported Friday. Tass said a law enforcement source informed the news agency that Russia’s Federal Security Service officially charged the American journalist with espionage. Tass did not specify if the action was taken during a court hearing. In the Russian legal system, the filing of charges means the formal start of…
France hit by gasoline shortages – Le Figaro
In recent days, industrial action by refinery workers has intensified, leading to supply disruptions as members of French unions stopped refineries and depots from delivering fuel, the outlet said. According to the latest data compiled by the news outlet, the Val-de-Marne department in Ile-de-France is the worst affected with nearly half (49.4%) of its petrol stations facing partial or complete fuel supply disruption. The second-worst-affected area was the Paris region, where 38.8% of petrol stations were experiencing shortages of at least one type of fuel as of April 6. Drivers reported problems at 39.7% of pumps in Hauts-de-Seine, while 24.2% of pumps in Indre-et-Loire were also affected, reporting little or no supply.
Trading firms identified as Binance VIP clients in CFTC lawsuit
Binance, one of the world’s largest cryptocurrency exchanges, is facing a lawsuit filed by the United States Commodities Futures Trading Commission (CFTC) for allegedly violating US law by allowing US clients to trade on its platform without complying with Know Your Customer (KYC) standards. In the lawsuit, the CFTC identified three trading firms – Jane Street Group, Tower Research Capital, and Radix Trading – as Binance’s VIP clients, who allegedly received preferential treatment from the exchange.
According to Bloomberg, which cited “people familiar with the matter,” Radix Trading was identified as “Trading Firm A” in the CFTC’s suit, while Jane Street was “Trading Firm B” and Tower Research was “Trading Firm C.” The firms on the CFTC’s list were examples of US clients allegedly able to access Binance, despite not complying with KYC standards.
Russia to put nukes near Belarus’ western border, China warns of WWIII
Russian tactical nuclear weapons will be deployed close to Belarus’ borders with NATO neighbors. Putin has said that construction of storage facilities for tactical nuclear weapons in Belarus will be complete by July 1 and added that Russia has helped modernize Belarusian warplanes to make them capable of carrying nuclear weapons. The two neighbors have an agreement envisioning close economic, political and military ties. Russia used Belarusian territory as a staging ground for invading Ukraine and has maintained a contingent of troops and weapons there.
The Russian nuclear weapons will be “moved up close to the Western border of our union state” but did not give any precise location. “It will expand our defense capability, and it will be done regardless of all the noise in Europe and the United States,” he said in a reference to Western criticism of Putin’s decision. Belarus shares a 1,250-kilometer (778-mile) border with NATO members Latvia, Lithuania and Poland.
Tactical nuclear weapons are intended to destroy enemy troops and weapons on the battlefield and have a relatively short range — a much lower yield compared with nuclear warheads fitted to long-range strategic missiles that are capable of obliterating whole cities. The deployment of Russian tactical nuclear weapons to Belarus would put them closer to potential targets in Ukraine and NATO members in Eastern and Central Europe.
Saudis announce surprise cut in oil production -AP, Reuters
Excerpt: Saudi Arabia and other major oil producers on Sunday announced surprise cuts totaling 1.15 million barrels per day from May until the end of the year, a move that could raise prices worldwide.
Higher oil prices would help fill Russian President Vladimir Putin’s coffers as his country wages war on Ukraine and force Americans and others to pay even more at the pump amid inflation fueled in part by that conflict.
It was also likely to further strain ties with the United States, which has called on Saudi Arabia and other allies to increase production as it tries to bring prices down and squeeze Russia’s finances.
The Saudi Energy Ministry said its own reduction of 500,000 barrels per day would be made in coordination with some OPEC and non-OPEC members, without naming them. The cuts are in addition to a reduction announced last October that infuriated the Biden administration.
Death toll rises following Tornado in Tennessee, 8 US States
An estimated 60 tornadoes wreaked havoc across at least eight US states on Friday and over the weekend, destroying houses, felling trees, and flipping cars. Tennessee appeared to have been hit the hardest, with officials in McNairy County alone reporting nine deaths. The local sheriff said that all the deceased were in the buildings destroyed by the disaster. In the same state, tornadoes killed one person in Tipton County, with 28 injured. At least five people died in Arkansas, four in Illinois, and three in Indiana, according to officials. Authorities in Mississippi, Delaware, Ohio and Alabama reported one death per state.
In Arkansas, Governor Sarah Huckabee Sanders declared a state of emergency while activating the National Guard to help with tornado response and asking for federal assistance. In Belvidere, northern Illinois, a tornado led to the collapse of a roof at the Apollo Theatre, where spectators had gathered to listen to the metal band Morbid Angel, killing one and injuring 40 others. The disaster also caused severe power outages, which on Saturday amounted to over one million customers, according to poweroutage.us. The bad weather also spilled over to other states, leaving more than 100,000 customers in Pennsylvania and tens of thousands in Ohio and West Virginia without electricity.
Secretary Blinken’s Call with Russian Foreign Minister Lavrov
The below is attributable to Principal Deputy Spokesperson Vedant Patel:
Secretary of State Antony J. Blinken spoke today with Russian Foreign Minister Sergey Lavrov. Secretary Blinken conveyed the United States’ grave concern over Russia’s unacceptable detention of a U.S. citizen journalist. The Secretary called for his immediate release. Secretary Blinken further urged the Kremlin to immediately release wrongfully detained U.S. citizen Paul Whelan. The Secretary and Foreign Minister Lavrov also discussed the importance of creating an environment that permits diplomatic missions to carry out their work.
Wells Fargo fined for sanctions breach
The American bank Wells Fargo has been fined $97.8m (£79m) by the Federal Reserve and the Treasury Department for breaching US sanctions laws. Inadequate oversight meant that it allowed a foreign institution to process $532m in illegal transactions involving Iran, Syria and Sudan. Wells Fargo said it stopped dealing with the client in 2015.
Billionaires Issued Subpoenas in Lawsuit Over JPMorgan’s Ties to Jeffrey Epstein; Sergey Brin, Thomas Pritzker, Mortimer Zuckerman and Michael Ovitz (JPMorgan, Barclays, Disney, Hyatt, Google)
The U.S. Virgin Islands issued subpoenas this week to Sergey Brin, Thomas Pritzker, Mortimer Zuckerman and Michael Ovitz to gather information for its civil lawsuit against JPMorgan Chase & Co. over the bank’s relationship with Jeffrey Epstein, according to people familiar with the matter.
The subpoenas from the U.S. territory’s attorney general seek any communications and documents related to the bank and Epstein, the people said.
The four men are some of the wealthiest people in the U.S., and it couldn’t be determined why they were being asked for the communications and documents. In civil cases, lawyers can use subpoenas during the discovery process to get information from people who aren’t a party to a lawsuit but could provide evidence related to the case.
The U.S. Virgin Islands sued JPMorgan late last year in a Manhattan federal court, saying the bank facilitated Epstein’s alleged sex trafficking and abuse by allowing the late financier to remain a client and helping him send money to his victims. The civil lawsuit alleges that JPMorgan received referrals of high-value business opportunities from Epstein and turned a blind eye to his activities. The bank has said it didn’t know about Epstein’s alleged crimes and can’t be held liable.
Chinese businessman Guo Wengui seeks bail in $1 billion fraud case
Lawyers for a wealthy self-exiled Chinese businessman who developed ties to Trump administration figures including Steve Bannon are seeking bail for him two weeks after his arrest, saying other defendants accused of massive frauds like Bernard Madoff and Sam Bankman-Fried were freed on bail.
The lawyers submitted papers in Manhattan federal court, saying Guo Wengui is entitled to bail just as other wealthy defendants have been given the chance to post bail in the past. They also challenged claims by prosecutors that he is a risk to flee, saying he would not leave his wife of 38 years and his daughter as all three seek asylum.
Madoff was free for several months in late 2008 and early 2009 before he was jailed after he pleaded guilty in a multibillion-dollar fraud. He was later sentenced to 150 years in prison and died behind bars.
Bankman-Fried, 31, was arrested in the Bahamas in December in what a prosecutor called one of biggest frauds in American history. He agreed to return to the United States, where he was freed with GPS monitoring on a $250 million personal recognizance bond after pleading not guilty to charges that he oversaw a massive cryptocurrency fraud.
UAE cancels licence for Russia’s sanctioned MTS Bank
The United Arab Emirates’ central bank on Friday said it will cancel the licence it granted last year to Russia’s MTS bank, which was placed under British and US sanctions in February.
Operations at the bank’s UAE branch, which is licensed in the emirate of Abu Dhabi, will be wound down within six months under UAE central bank supervision.
A statement from MTS Bank said it will fulfil all settlement obligations to existing customers and guarantee the safety of their funds for six months.
“This decision comes after considering the available options regarding the new status of the MTS Bank and taking into account the sanctions risks associated with the bank,” the UAE central bank’s statement said.
IMF approves $15.6 billion Ukraine loan, part of $115 billion in global support
The International Monetary Fund said on Friday its executive board approved a four-year $15.6 billion loan program for Ukraine, part of a global $115 billion package to support the country’s economy as it battles Russia’s 13-month-old invasion.
The decision clears the way for an immediate disbursement of about $2.7 billion to Kyiv, and requires Ukraine to carry out ambitious reforms, especially in the energy sector, the Fund said in a statement.
The Extended Fund Facility (EFF) loan is the first major conventional financing program approved by the IMF for a country involved in a large-scale war.
Dominion’s Fox News defamation case headed to trial
A jury will decide whether Fox Corp defamed Dominion Voting Systems with false vote-rigging claims aired by Fox News after the 2020 US election, a judge has ruled.
In a setback to the media company that had sought to avoid a trial in the $US1.6 billion ($A2.4 billion) lawsuit, Delaware Superior Court Judge Eric Davis on Friday denied motions from Fox and partially granted Dominion motions to resolve the issue of defamation liability ahead of the scheduled April 17 trial date.
