Tag: z.RT

Malaysia asked to reopen MH370 probe after claims of new evidence

The Boeing 777 was en route from Kuala Lumpur International Airport to Beijing with 239 passengers on board on March 8, 2014, when it vanished from the grid less than an hour into its journey.  For three years, Malaysia, China, and Australia searched for the plane in the Indian Ocean, where it was believed to have crashed, only to come…

Pentagon blocking information on alleged war crimes in Ukraine – NYT

Pentagon chiefs reportedly blocking Washington from sharing evidence of alleged war crimes in Ukraine with the International Criminal Court. The US Department of Defense is reportedly at odds with the administration of President Joe Biden over helping the Hague-based International Criminal Court (ICC) investigate alleged war crimes committed in Ukraine.

Opposition besieges Georgian parliament

Thousands of demonstrators surrounded the legislature in Tbilisi in protest against the “foreign agents” law Read Full Article at RT.com

Switzerland clarifies stance on military aid to Ukraine

Switzerland won’t break its constitutional neutrality to assist in the supply of military aid to Ukraine, its president has said Read Full Article at RT.com

India tightens control of crypto

India has imposed money-laundering regulations on trade in cryptocurrencies, according to a government release published on Tuesday, in the latest step to tighten control of the sector. A range of crypto transactions, namely the exchange, transfer, safekeeping and administration of virtual assets, now fall under the Prevention of Money-Laundering Act (PMLA), the notification from the Ministry of Finance published by The Gazette of India states. The PMLA obliges financial institutions to keep a record of all transactions for ten years, provide the records to officials in necessary, and to verify clients’ identity.

RU / Russia and Cuba working to counter US sanctions – ambassador

“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.

Ratings Deceit: S&P sued for deceitful CDO ratings

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.