Tag: Region Canada
Nearly 500 journalists walk out at ‘The Guardian’ and its sister paper
Nearly 500 journalists are on strike at the Guardian and its sister paper, the Sunday-only Observer, to protest the planned sale of the Observer to a small digital startup. “We believe it’s a total betrayal of the Guardian’s values and promises that it’s made,” says Carole Cadwalladr, an investigative reporter and feature writer for the Observer. “The sale of the Observer to a loss-making startup is potentially the death of this historic brand.” The strike, which starts Wednesday, is expected to last for two days this week and restart for a…
A secretive Silicon Valley tech giant set up shop in Canada. But what does it do? (CBC 2017)
This piece was first published by CBC in 2017. It’s one of the most valuable and secretive technology companies in Silicon Valley: Palantir Technologies, a developer of data mining software used by spies, banks and some of the biggest companies in the world. The company was co-founded in 2004 by billionaire Peter Thiel — previously the co-founder of PayPal — and now an adviser to U.S. President Donald Trump. Financial institutions are said to use Palantir’s software to detect fraud and cyberattacks, while pharmaceutical…
China’s Huawei Technologies seeks dismissal of US criminal charges
NEW YORK – Huawei Technologies asked a US judge to dismiss much of a federal indictment accusing the Chinese telecommunications company of trying to steal technology secrets from US rivals and misleading banks about its business in Iran. In a Friday night filing in federal court in Brooklyn, Huawei said there was no proof of a conspiracy, calling the charge part of the Department of Justice’s “ill-founded” China Initiative to prosecute people and companies with ties to China. Huawei said…
Trudeau is urged by fellow party members to step down as Canada’s prime minister
Prime Minister Justin Trudeau of Canada faced the stiffest challenge to his leadership from fellow elected Liberal Party members on Oct 23 during a closed-door meeting where he was urged to resign to avoid torpedoing the party’s chances in the next election. For more than a year, the Liberals under Mr Trudeau have trailed the Conservative Party by double digits in polls, suggesting that the Liberal Party could face a crushing defeat in the next election, which must be held…
‘Clear indications’ India violated Canada’s sovereignty: Trudeau
OTTAWA – Canada’s Prime Minister Justin Trudeau said on Oct 16 there were “clear indications” that India had violated Canadian sovereignty, as the countries row over the killing of a Sikh separatist on Canadian soil last year that Ottawa blamed on New Delhi. Trudeau’s latest charge came two days after India and Canada expelled each other’s ambassadors as Ottawa alleged that Indian involvement in a campaign against Sikh separatists went beyond what was previously known. Tensions have soared since Canada…
Italy makes it illegal to seek surrogacy abroad
ROME – Italy’s parliament made it illegal on Wednesday for couples to go abroad to have a baby via surrogacy — a pet project of Prime Minister’s Giorgia Meloni party which activists say is meant to target same-sex partners. Since taking office in 2022 Meloni has pursued a highly conservative social agenda, looking to promote what she sees as traditional family values, making it progressively harder for LGBTQ couples to become legal parents. The upper house Senate voted into law…
India says ‘No Coincidence’ that Canada’s Accusations come as Trudeau set to testify at Chinese Interference Inquiry
New Delhi says Canada’s accusations against Indian diplomats and their expulsion is a politically driven move to show action amid criticism Prime Minister Justin Trudeau has turned a blind eye to foreign interference. The Indian Ministry of External Affairs says the move is strategically timed to coincide with Trudeau’s appearance at the Foreign Interference Commission, which has been mainly focused on China’s meddling in Canada. “Under criticism for turning a blind eye to foreign interference in Canadian politics, his Government…
TD Bank Fined for Crypto Ties with UK and Colombia
According to a report from the Financial Crimes Enforcement Network (FinCEN) on Oct. 10th, TD Bank’s U.S. wing agreed to pay over $3 billion in penalties. The fine was for failing to properly monitor money laundering activities. The bank has also accepted limits on its future growth in the U.S. FinCEN found that TD Bank facilitated over $1 billion in transfers linked to two crypto exchanges — one based in the United Kingdom and the other in Colombia. TD Bank…
Massive U.S. fine against TD Bank highlights relatively modest penalties in Canada
TORONTO — The more than US$3-billion settlement TD Bank Group has reached with U.S. regulators for its failures to oversee money laundering risks has underlined what some say are relatively weak enforcement options in Canada. Denis Meunier, president of DMeunier Consulting Inc. and a former deputy director of Fintrac, said fines in Canada have to increase significantly to provide adequate deterrence and not become just a cost of doing business. He says the federal government should add substantial fines for…
TD Bank hit with US$3bn fine, pleads guilty to criminal charges
Canada-based financial institution TD Bank has announced its agreement to pay over USD 3 billion, pleading guilty to criminal charges related to money laundering in the US. As detailed by regulators, the fine follows TD Bank’s failure to appropriately monitor money laundering by drug cartels and other criminals, allowing them to transfer hundreds of millions of dollars in unlawful funds. In addition, the bank did not enforce sufficient defences against money laundering for nearly 10 years. It did not efficiently…
Canadian among 6 people missing as yacht sinks off Sicilian coast, Italian Coast Guard says
One man died and six people were missing after a luxury yacht was struck by an unexpectedly violent storm and sank off the Sicilian capital Palermo, the Italian Coast Guard said on Monday. The 56-metre-long sailboat, which was British registered, sank with 22 people on board shortly before sunrise, the coast guard said in a statement. The missing people were of British, American and Canadian nationality, the coast guard said. “The wind was very strong. Bad weather was expected, but…
Julian Assange will be freed but must claim guilt: What it means for journalism
Wikileaks founder, publisher, journalist and DiEM25 founding member, Julian Assange, will reportedly enter into a plea deal with the United States prosecutors and be sentenced with time served.
EU foreign ministers approve decision to transfer profits from Russian assets to Ukraine
BRUSSELS, June 24. /TASS/. At a regular meeting of the EU Council foreign ministers of 27 EU countries approved the decision to transfer 1.4 billion euros of profits from Russia’s frozen assets to the European Peace Facility for military assistance to Ukraine, EU foreign affairs chief Josep Borrell told a press conference following the results of the meeting. “The ministers today agreed on the legal framework for the allocation of the windfall profits from immobile Russian assets to the European…
US and Poland set up center to fight ‘Russian disinformation’
The Warsaw-based facility will detect “deceptive narratives” on the Ukraine conflict, the US State Department has said. The United States and Poland have launched an international group based in Warsaw to counter what they describe as Russian disinformation on the Ukraine conflict, the US State Department has announced. The Ukraine Communications Group (UCG) is designed to detect “deceptive narratives” from Russia targeting Kiev and “amplify Ukrainian voices,” the State Department said in a statement on Monday. James Rubin, the head…
What’s behind a historic, unusual U.S. military cash transfer to Canadian mines
The United States was growing desperate, months before its entry into the Second World War. It was gravely short of aluminum, and scrambling for suppliers. Its solution: turn north to Canada. American public money flooded into Quebec, building the aluminum industry that supplied raw materials for Allied planes and tanks. “I would be willing to buy aluminum from anybody,” said Harry Truman, then still a U.S. senator, in 1941 hearings on the topic. “I don’t care whether it is the…
‘Canada is a rule-of-law country’: Canada arrests 3 Indians in Nijjar murder case
NEW DELHI: Canadian PM Justin Trudeau said on Saturday that Canada is a “rule-of-law country” following the arrest of three Indian nationals in a case linked to killing of pro-Khalistan separatist Hardeep Singh Nijjar, a designated a terrorist by India. “This is important because Canada is a rule-of-law country with a strong and independent justice system, as well as a fundamental commitment to protecting all its citizens,” Trudeau said. “As the RCMP stated, the investigation remains ongoing, as does a…