Tag: All Regions

A new lawsuit accuses Mark Zuckerberg and other Meta Platforms Inc executives and directors of failing to do enough to stop sex trafficking and child sexual exploitation on Facebook and Instagram. The complaint made public late Monday by several pension and investment funds that own Meta stock said Meta’s leadership and board have failed to protect the company’s and shareholders’ interests by turning a blind eye to “systemic evidence” of criminal activity.

Given the board’s failure to explain how it tries to root out the problem, “the only logical inference is that the board has consciously decided to permit Meta’s platforms to promote and facilitate sex/human trafficking,” the complaint said. Meta rejected the basis for the lawsuit, which was filed in Delaware Chancery Court.

Meta, based in Menlo Park, California, has long faced accusations that its platforms are a haven for sexual misconduct.

The first lawsuit against JP Morgan, filed by an unnamed “Jane Doe” representing a group of the pedophile’s victims, argues the US-based bank “knowingly benefited from participating in a sex trafficking venture” led by Epstein, who was a client there from 1998 through 2013, and “negligently failed to exercise reasonable care to prevent physical harm.”  The US Virgin Islands’ own suit against JP Morgan alleges the bank enabled the late predator’s sex trafficking operation, though Judge Rakoff also threw out three of the four claims in that suit. 

Eight of the 12 claims from Doe’s lawsuit against Deutsche Bank, which took on Epstein as a client in 2013, even though he had been a registered sex offender since 2008, were also dismissed.  Rakoff’s decision allows the plaintiffs to pursue further pretrial discovery. Former JP Morgan CEO Jes Staley, a central figure in both lawsuits against the bank who resigned in 2021 over his links with Epstein, is reportedly due to be deposed later this week. Court filings show he exchanged over 1,200 emails with Epstein, with more than a few referencing young women. Last week, Rakoff tentatively scheduled trial dates for both JP Morgan cases for October 23.

Russian President Vladimir Putin has announced Russia’s readiness to switch to the yuan in foreign trade settlements with countries in Asia, Latin America and Africa.

He said this during the Russian-Chinese talks with the participation of Chinese leader Xi Jinping, RBC reports.

Currently, the share of the yuan in Russia’s export calculations is about 16%.

“We are in favour of using the Chinese yuan in settlements between Russia and the countries of Asia, Africa, and Latin America. I am sure that these forms of payments in yuan will be developed between Russian partners and their colleagues in third countries,” Putin said.

According to [Putin], national currencies are already actively used in Russian-Chinese trade.

Two U.S. Air Force F-22 Raptors landed at Clark Air Base in the Philippines last week in a move signaling increased defense efforts between the two countries.

During the exercise, U.S. pilots from the Alaska-based 525th Fighter Squadron joined aviators from the Philippine Air Force’s 5th Fighter Wing for low-altitude flyovers, air combat maneuvering, formation training, and, with help from a KC-135 Stratotanker, air-to-air refueling over the heavily contested South China Sea.

“This was the first time that F-22s, or any fifth-generation aircraft, have landed on and operated out of the Philippines,” Capt. Karl Schroeder, one of the Raptor pilots, said in a release. “This milestone with a regional ally aids in providing stability and security to the Indo-Pacific.”

Regional stability has become an increasingly glaring focus of the two militaries as threats continue to emerge out of Beijing. While the Philippine Constitution prohibits permanent basing of foreign troops, the two nations’ Enhanced Defense Cooperation Agreement does allow for an increased footprint of American forces by way of rotations to a handful of predetermined locations.

Reportedly, one document is a statement on plans for economic cooperation, and the other is a statement on plans to deepen the partnership.

In addition, Russian sources say that Putin “supported the development of sporting links between the Russian Federation and China and the establishment of a sports association within the framework of the Shanghai Cooperation Organisation”.

He explained that this is necessary because the West “uses sport as an instrument of pressure”.

South Africa’s Paramount Group is gearing up production of composite blades for Soviet-designed helicopters with the establishment of a production facility in the UAE, looking to collect orders from African operators of the aircraft in need of maintenance and configuration upgrades.

Last month, Paramount said it signed a strategic partnership agreement with UAE-based AAL Group to locally manufacture main and tail rotor composite blades for Mi-type helicopters. The Emirati entity has provided a full-range of maintenance and repair services for the Mi-family of rotary-wing aircraft for more than two decades

“Our activities with AAL Group in the UAE will include but not be limited to the management of an advanced manufacturing plant, an assembly line and maintenance repair and operations facilities, servicing and upgrading fleets of helicopters for our African partners,” Steve Griessel, Global CEO of Paramount told Defense News.

There are more than 23 operators of Mi-type helicopters across the African continent, with Togo being the most recent to receive new deliveries of two Mi-17 transport aircraft in December.

Florida companies Kingwood Orlando Reunion Resort LLC (Orlando Reunion) and Kingwood Crystal River Resort Corp. (Crystal River) have agreed to settle allegations that they violated the False Claims Act (FCA) and the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA) by knowingly providing false information in support of a Paycheck Protection Program (PPP) loan forgiveness application submitted by Crystal River.

Russia’s defence ministry has said a Russian Su-35 combat plane was scrambled over the Baltic Sea after two United States strategic bombers flew in the direction of the Russian border, but that the fighter jet returned to base after the US planes moved away from Russian territory. The encounter on Monday follows last week’s diplomatic furore following the crash of a US surveillance drone into the Black Sea after it was intercepted by two Russian Su-27 fighter jets in what was the first known direct military contact between Russia and the US since Russia invaded Ukraine in February last year. Russia’s state-owned TASS news agency said that the National Defence Control Centre of Russia’s Ministry of Defence identified the two US planes as B-52H strategic bombers. “On March 20, 2023, the radars of the air defence forces of the Western Military District on duty detected two air targets flying in the direction of the state border of the Russian Federation over the Baltic Sea,” the ministry said, according to TASS. The Su-35 fighter was scrambled to prevent “a violation of the state border” by the US aircraft, the ministry said, adding that the aircraft reached a “designated air patrol area”. “After the foreign military aircraft moved away from the state border of the Russian Federation, the Russian plane returned to its home base,” the ministry said, adding that the Su-35 was strictly in line with international air law. “No violation of the state border of the Russian Federation was permitted,” the ministry said.

ABF Freight System Inc. (ABF), a freight carrier that operates more than 200 transportation facilities in 47 states and Puerto Rico, has resolved allegations that it violated requirements of the Clean Water Act (CWA) relating to industrial stormwater at locations across the country. Under the proposed settlement, ABF will enhance and implement its comprehensive, corporate-wide stormwater compliance program at all its transportation facilities except those located in the state of Washington, and will pay a civil penalty of $535,000, a portion of which will be directed to the Louisiana Department of Environmental Quality, the State of Maryland, and the State of Nevada who all joined this settlement.

Today, the Department of Justice, on behalf of the Environmental Protection Agency (EPA), filed a motion for preliminary injunction under the Clean Air Act (CAA) requesting that the court order Denka Performance Elastomer LLC (Denka) to require significant pollution controls to reduce chloroprene emissions, a pollutant that EPA has determined to be a likely carcinogen. The request for immediate relief by EPA and the Justice Department follows the United States’ complaint filed on Feb. 28, alleging an imminent and substantial endangerment to the communities surrounding the facility as a result of Denka’s manufacturing operations.

The Clean Air Act section 303 imminent and substantial endangerment lawsuit is currently pending in the U.S. District Court for the Eastern District of Louisiana.

German and US authorities, supported by Europol, have targeted ChipMixer, a cryptocurrency mixer used to keep crypto transactions private. The investigation was also supported by Belgium, Poland and Switzerland. On 15 March, national authorities took down the infrastructure of the platform, seizing 4 servers, and also seizing about 1909 Bitcoins in 55 transactions (approx. EUR 44.2 million) and 7 TB of data.