Featured United Nations

Nomura and several of its affiliates have agreed to pay a total of $480 million to settle charges of misleading investors over the sale of residential mortgage-backed securities (“RMBS”) between 2006 and 2007, an issue which resulted in investors suffering ‘significant’ losses and also highlighted the bank’s poor due diligence… Read More
20th November 2018
European Union foreign ministers showed cautious support on Monday for possible new economic sanctions on Iran in a shift of policy after accusations of Iranian attack plots in France and Denmark, diplomats said. Denmark and France briefed their EU counterparts at a meeting in Brussels on the alleged plots and… Read More
24th October 2018
Nomura and several of its affiliates have agreed to pay a total of $480 million to settle charges of misleading investors over the sale of residential mortgage-backed securities (“RMBS”) between 2006 and 2007, an issue which resulted in investors suffering ‘significant’ losses and also highlighted the bank’s poor due diligence… Read More
4th October 2018
AP — The United Nations’ highest court on Wednesday ordered the United States to lift sanctions on Iran that affect imports of humanitarian goods and products and services linked to civil aviation safety. The ruling by the International Court of Justice is legally binding, but the… Read More
5th September 2018
U.S. President Donald Trump will chair a U.N. Security Council meeting on Iran this month to spotlight its “violations of international law” during the annual gathering of world leaders in New York, U.S. Ambassador Nikki Haley said on Tuesday. The United States, which holds the council presidency for September, has… Read More
20th August 2018
A Malaysian financier wanted for his role in the multi-billion-dollar scandal at state fund 1MDB has said he does not expect to get a fair hearing anywhere and will not present himself to any country where his guilt has been predetermined. Low Taek Jho has been identified by investigators in… Read More
31st July 2018
To pave the way for talks with Iran, the United States should return to a 2015 nuclear deal between Iran and six major powers, an aide to Iranian President Hassan Rouhani said on Tuesday. “Respecting the Iranian nation’s rights, reducing hostilities and returning to the nuclear deal are steps that… Read More
20th June 2018
A Libyan coastguard commander sanctioned by the United Nations for alleged human trafficking and migrant smuggling said he hits migrants but does so for their own safety to prevent them from capsizing. Abdalrahman al-Milad, who heads a coastguard unit in Zawiya, just west of Tripoli, was one of six people… Read More
10th May 2018
AP — President Hassan Rouhani warned Tuesday that Iran could restart enriching uranium “without any limitations” within weeks, after President Donald Trump pulled America out of the nuclear deal, though he said world powers still in the accord could potentially save the pact. Rouhani’s speech, broadcast live on state… Read More
7th May 2018
The U.S. Security and Exchange Commission (SEC) on Thursday ordered music mogul and businessman Jay-Z to explain details of the sale of his clothing line to determine whether it violated federal security laws. The regulator wants to question Shawn “Jay-Z” Carter about the $200 million sale of his Rocawear clothing… Read More
1st May 2018
AP — Panasonic Corp. will pay about $280 million to resolve federal charges that executives at its in-flight entertainment unit improperly hid payments to consultants overseas in violation of anti-corruption rules, officials announced Monday. The Japanese electronics giant’s parent company will pay $143 million to the Securities and Exchange… Read More
Must Read

Ex-wife of Russian billionaire secures first sliver of $572 mln divorce bill

The former British wife of a Russian billionaire, who was ordered to pay a 453 million pound divorce bill, has claimed the first sliver of the award after seizing and selling a helicopter, her advisers said on Thursday. Oil and gas tycoon Farkhad Akhmedov was ordered to pay around 40… Read More

EU agency: Cocaine dealers’ technology use complicates busts

AP — The European Union agency that monitors drug abuse says cocaine dealers are increasingly using social media and encrypted communications to do business, making it harder for authorities to crack down on the trade. The European Monitoring Center for Drugs and Drug Addiction agency… Read More