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Money laundering: EU Parliament bans cash payments over 10,000 euros: The EU Parliament has declared war on money laundering: The new rules also affect Russian ...
faz.net/aktuell/wirtschaft/mehr-wirtschaft/geldwaesche-eu-parlament-verbietet-barzahlungen-ueber-10-000-euro-19676676.html
EU marks Ireland’s card over trust register amid money laundering concerns : Brussels has launched an infringement procedure against the government for failing ...
businesspost.ie/news/eu-marks-irelands-card-over-trust-register-amid-money-laundering-concerns/
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TikTok responds to EU ultimatum over new rewards-for-views scheme: A European Commission spokesman confirmed on Tuesday that it had received a reply from TikTok ...
nordot.app/1155541948764144102
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Danger of addiction: TikTok suspends reward function after EU threat: TikTok is responding to the threat from Brussels to block the controversial points system ...
berliner-zeitung.de/news/suchtgefahr-tiktok-setzt-nach-drohung-der-eu-die-belohnungsfunktion-aus-li.2209127
Quick Glance: Measures Against TikTok: Biden Sets Deadline for Sale
- President Biden has signed legislation requiring ByteDance to fully divest from TikTok within a year or potentially face a nationwide ban.
- This action poses a significant challenge to the future of the video-streaming app in the U.S. and escalates the technological conflict between America and China.
- TikTok plans to take legal action against the Biden administration, citing concerns that the law could impede the free speech of millions of Americans.
- This requirement was incorporated into a bill providing foreign aid for Israel, Ukraine, and Taiwan, mandating ByteDance to sell its stake in TikTok within 12 months under the threat of closure.
Exclusive: Google rival Tuta complains to EU tech regulators about de-ranking: German email service Tuta Mail has complained to European Union tech regulators ...
reuters.com/technology/google-rival-tuta-complains-eu-tech-regulators-about-de-ranking-2024-04-24/
EU launches investigation into Chinese medical device market: The European Commission launched a probe into China's public procurement of medical devices on ...
reuters.com/world/europe/eu-opens-investigation-into-chinese-medical-device-market-2024-04-24/
Andrew Kamanga: Zambia FA president charged with money laundering: Andrew Kamanga, the president of the Football Association of Zambia, is arrested and charged ...
bbc.com/sport/football/articles/cv29eqdlp2po
Allegations against members of the state parliament: AfD politician Halemba is threatened with expulsion from the party
spiegel.de/politik/deutschland/daniel-halemba-afd-plant-ausschlussverfahren-gegen-bayerischen-abgeordneten-a-c2d7bed8-da02-4c61-a4fa-ad4b7faf6d4d
MEPs call to seize Russia’s hundreds of billions in frozen assets: Lawmakers want to see more support for Ukraine as US and UK counterparts advance.
euronews.com/my-europe/2024/04/23/meps-call-to-seize-russias-hundreds-of-billions-in-frozen-assets
Quick Glance: State Customs Service: Polish Protesters Cease Border Blockade
- The blockade by Polish protesters at the Yahodyn-Dorohusk border crossing on the Polish-Ukrainian border was lifted by Ukraine's State Customs Service on April 22.
- Traffic flow in both directions was restored as of 1:40 p.m.
- As per Valentyna Chernysh, a representative of the customs office in Volyn Oblast, there were 400 trucks queued on the Polish side of the border, with an additional 140 in a digital queue.
- Despite a reduction in border blockades, the State Customs Service indicated on April 17 that Polish protesters intended to block the Korczowa-Krakovets border crossing for a two-day period.
‘You’re Never Too Busy For Your Banker’: How Italy’s ’Ndrangheta Mafia Allegedly Infiltrated Canadian Banks - OCCRP
occrp.org/en/investigations/youre-never-too-busy-for-your-banker-how-italys-ndrangheta-mafia-allegedly-infiltrated-canadian-banks
Quick Glance: How Italy’s 'Ndrangheta Mafia Allegedly Infiltrated Canadian Banks
- A Canadian faction of the 'Ndrangheta allegedly had close relationships with employees at two major Canadian banks to facilitate their financial activities.
- Angelo Figliomeni, the suspected mob boss, was at the center of the investigation, indicating that bankers were involved in the money laundering process of the group.
- The investigation revealed that the 'Ndrangheta organization generated income through illegal activities such as gambling and loan sharking, which were used for money laundering by bankers like Martino.
- Police seized assets worth millions of dollars and closed around 500 accounts at the implicated banks. Charges against Figliomeni and his co-defendants were dropped due to procedural errors.
European Commission disburses €1.5bn macro-finance tranche to Ukraine: On Wednesday, 24 April, the European Commission announced the disbursement of a €1 ...
pravda.com.ua/eng/news/2024/04/24/7452746/
EU to China: Open your public markets or we’ll close ours: The European Commission has launched a probe into how Beijing grants public contracts for medical ...
politico.eu/article/european-commission-china-medical-devices-probe-trade-markets/
Stability Pact: The EU introduces new debt rules: The EU has strict budget requirements that member states must adhere to. However, many of them are ignoring the ...
nzz.ch/wirtschaft/stabilitaetspakt-die-eu-fuehrt-neue-schuldenregeln-ein-ld.1827553
Chinese security equipment company raided in EU over foreign subsidies concerns: A Chinese security equipment company was raided by the European Commission at ...
reuters.com/world/europe/security-equipment-company-raided-eu-over-foreign-subsidies-concerns-2024-04-23/
Focus harder to rival China’s vast global investment plan, Brussels is told : EU’s Global Gateway funding has been spread “too thinly” and must be concentrated ...
politico.eu/article/focus-hard-rival-china-investment-plan-belt-road-initiative-brussels-eu-global-gateway/
Iran's foreign minister calls EU sanctions 'regrettable': European Union sanctions announced following Iran's attack against Israel are "regrettable" because the ...
reut.rs/3Ua04OW
Auditors say it’s hard to tell how Turkey is using EU refugee funds: European Union auditors said on Wednesday that they are unable to establish whether some of ...
ekathimerini.com/news/1237214/auditors-say-its-hard-to-tell-how-turkey-is-using-eu-refugee-funds-some-officials-arent-helpful/
EU Weighs Sanctions on Firms Shipping Weapons Tech to Russia - Bloomberg: The European Union is assessing potential sanctions against more than a dozen companies ...
bloomberg.com/news/articles/2024-04-23/eu-weighs-sanctions-on-firms-shipping-weapons-tech-to-russia
European AI Roundtable: In 27 March 2024, the Computer & Communications Industry Association (CCIA Europe) hosted the inaugural edition of the European AI ...
euractiv.com/section/artificial-intelligence/video/european-ai-roundtable/
Strasbourg: New rights for EU consumers on the way: There will soon be a "right to repair" in the EU. As long as a product can still be repaired ...
rp-online.de/wirtschaft/strassburg-neue-rechte-fuer-eu-verbraucher-auf-dem-weg_aid-111195099
EU supply chain law: European Parliament votes for controversial project: It is intended to prevent child labor and set environmental standards: On Wednesday ...
faz.net/aktuell/wirtschaft/eu-lieferkettengesetz-europaparlament-stimmt-fuer-umstrittenes-vorhaben-19675244.html
EU could be preparing tougher car emissions rules: Report from Court of Auditors shows that real-world performance is well below laboratory results on emissions ...
irishtimes.com/motors/2024/04/24/eu-could-be-preparing-tougher-car-emissions-rules/
Gig-gling at last: EU adopts gig work directive: The European Parliament overwhelmingly approved a watered-down version of the EU's long-awaited platform work
euractiv.com/section/economy-jobs/news/gig-gling-at-last-eu-adopts-gig-work-directive/
EU Parliament approves new 'ecodesign' rules to make products more sustainable: The European Parliament approved on Tuesday (23 April) new rules to make products ...
euractiv.com/section/circular-economy/news/eu-parliament-approves-new-ecodesign-rules-to-make-products-more-sustainable/
German conservatives push for national ban on Russian agricultural imports: In today’s edition of the Capitals, find out more about the German conservatives ...
euractiv.com/section/politics/news/german-conservatives-push-for-national-ban-on-russian-agricultural-imports-2/
Spying scandals: EU capitals on high alert ahead of June elections: Germany has been hit by espionage scandals in recent days, with several persons being ...
euractiv.com/section/politics/news/spying-scandals-eu-capitals-on-high-alert-ahead-of-june-elections/
China’s Putin Ties Risk Relations With EU, Top Diplomat Says: China needs to take a stand over Russia’s invasion of Ukraine and rein in its enormous trade ...
bloomberg.com/news/articles/2024-04-23/china-s-putin-ties-risk-relations-with-eu-top-diplomat-says
Repair instead of throwing away: customers get new rights: Cell phone broken after two years and buying a new one is cheaper than repairing it? This should ...
saechsische.de/geld-und-recht/reparieren-statt-wegwerfen-kunden-bekommen-neue-rechte-neukauf-eu-gesetz-handy-staubsauger-waschmaschine-spuel-5992647.html
European Parliament adopts fiscal rules reform amid warnings of austerity risk: The European Parliament adopted the reform of the EU’s rules for national debt ...
euractiv.com/section/economy-jobs/news/european-parliament-adopts-fiscal-rules-reform-amid-warnings-of-austerity-risk/
European Medicines Agency makes recommendations to improve supply of critical medicines
euractiv.com/section/health-consumers/news/european-medicines-agency-makes-recommendations-to-improve-supply-of-critical-medicines/
Post-Brexit Food Checks Will Be ‘Light-Touch,’ UK Minister Says: The UK will enforce “light-touch” post-Brexit checks on food and plant products beginning later ...
bloomberg.com/news/articles/2024-04-23/post-brexit-food-checks-will-be-light-touch-uk-minister-says
TikTok could face EU fines and a suspension over sister app TikTok Lite: European officials are threatening TikTok with massive fines and a possible forced ...
cnn.com/2024/04/22/tech/tiktok-lite-eu-investigation/
Quick Glance: Implications of a TikTok Ban on China's Technology Plans and Global Digital Divide
- TikTok is at a critical juncture in America as its Chinese owner must complete the sale of the app within a year to avoid a ban in its largest market.
- The potential TikTok ban would not only greatly weaken China's technology ambitions but also deepen the divide between the digital worlds of rival economic superpowers.
- The potential enforcement of a TikTok ban could expedite a transformation that divides the world's technological landscape into two factions, one around the US and the other around technologies from China.
- Chinese companies and apps operating in the US are encountering increasing challenges as the US government implements measures to restrict the access of Chinese companies to the market.
The Brief – How Ursula von der Leyen’s pet project fell flat: The New European Bauhaus, European Commission President Ursula von der Leyen’s pet project ...
euractiv.com/section/energy-environment/opinion/the-brief-how-ursula-von-der-leyens-pet-project-fell-flat/
EU launches probe into Chinese procurement of medical devices: The European Commission has launched a probe to examine how China favours its domestic companies ...
euronews.com/my-europe/2024/04/24/eu-launches-new-probe-into-chinas-public-procurement-of-medical-devices
European firms, banks must boost investment in critical minerals, official says: European firms such as automakers and financial institutions need to step up ...
reuters.com/markets/commodities/european-firms-banks-must-boost-investment-critical-minerals-official-says-2024-04-22/
Cum-Ex public prosecutor resigns: an indictment of the German state: A passionately committed public prosecutor resigns and gives up her civil servant status and ...
n-tv.de/wirtschaft/kommentare/Ein-Armutszeugnis-fuer-den-deutschen-Staat-article24894025.html
E-car prices need to halve to win over mass market - ECA: The European Court of Auditors has said that electric car prices would need to halve to ensure they are ...
rte.ie/news/europe/2024/0423/1445081-electric-cars/
Hungary to block EU's €1.5 billion aid for Ukraine, claiming "witch-hunt" against Hungarian companies - Euromaidan Press
euromaidanpress.com/2024/04/23/hungary-to-block-eus-e1-5-billion-aid-for-ukraine-claiming-witch-hunt-against-hungarian-companies/
EU vows to double efforts as Lebanon requests migrant return support: The European Union will support Lebanon, both financially and politically ...
euractiv.com/section/global-europe/news/eu-vows-to-double-efforts-as-lebanon-requests-migrant-return-support/
Company director jailed for multiple offences; firms' bank accounts used to receive S$18 million in scam proceeds
channelnewsasia.com/singapore/company-director-jailed-scammers-money-laundering-4288971
The banking lobby's influence on policymakers risks undermining digital euro's potential
euronews.com/business/2024/04/23/the-banking-lobbys-influence-on-policymakers-risks-undermining-digital-euros-potential
EU conducts ‘dawn raid’ on Chinese security equipment supplier: Separate Brussels probe targets Chinese medical market amid growing trade tensions with Beijing
ft.com/content/4aa9b10f-93bf-4af3-b5e0-e2865ad78af7
Binance Founder Should Get 3 Years in Prison, Prosecutors Say: Lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should ...
nytimes.com/2024/04/24/technology/binance-changpeng-zhao.html
Quick Glance: DOJ Calls for Binance Founder to Spend Three Years in Prison
- The U.S. Department of Justice stated that Binance's founder, Changpeng "CZ" Zhao, should spend three years in prison for enabling the crypto exchange to violate federal laws on money laundering and sanctions.
- Zhao pleaded guilty to violating the Bank Secrecy Act, with the DOJ recommending a 36-month prison sentence and a $50 million fine.
- Emphasizing the need for a significant punishment, the DOJ highlighted Zhao's financial gains from illegal activities and the importance of deterring others from similar actions.
- The court will decide between incarceration and probation for Zhao, with his defense arguing against his knowledge of specific transactions and advocating for probation due to a lack of risk of repeat offenses.
Russian minister detained after taking especially large bribe, law enforcement agency says
theguardian.com/world/2024/apr/24/russian-defence-minister-timur-ivanov-us-eu-sanctions-jail-term
Crypto.com delays Korean market entry indefinitely : Crypto.com's entry into the Korean market has been delayed indefinitely due to regulatory issues.
koreatimes.co.kr/www/biz/2024/04/816_373373.html
Former Jharkhand CM Hemant Soren files fresh plea in SC against arrest in money laundering case
scroll.in/latest/1067011/former-jharkhand-cm-hemant-soren-files-fresh-plea-in-sc-against-arrest-in-money-laundering-case
Spotify and Apple Again Clash Over App Store Rules and Fees: Spotify has not been able to get Apple to approve an EU app update that added information on ...
macrumors.com/2024/04/24/apple-spotify-app-store-rules-eu/
Alliance takes action against approval of fluopyram: The European Commission will soon have to deal again with the approval of the crop protection active ...
landundforst.de/landwirtschaft/agrarpolitik/buendnis-geht-gegen-zulassung-fluopyram-571235
Firm offices raided, China calls EU ‘protectionist’: Beijing has called the EU “protectionist” after the latter raided the offices of a Chinese security ...
asiatimes.com/2024/04/firm-offices-raided-china-calls-eu-protectionist/
Raid in the Hochtaunuskreis: Strike against the Nigerian mafia in Hesse: One person was also arrested in Hesse in a nationwide raid against the Nigerian mafia ...
giessener-allgemeine.de/rhein-main/razzia-gegen-nigerianische-mafia-festnahme-im-hochtaunuskreis-zr-93031592.html
Arrests in four federal states - Nigerian mafia busted in Germany: Investigators arrest the leaders of a large clan during raids in four federal states and ...
stuttgarter-nachrichten.de/inhalt.festnahmen-in-vier-bundeslaendern-nigerianische-mafia-in-deutschland-ausgehoben.694498d0-d051-42ba-9f1d-17dbf07c62d3.html
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EU Right to Repair Rules Force Companies to Fix Out-of-Warranty Devices: The European Commission has waved through new 'right to repair' legislation that ...
macrumors.com/2024/04/24/new-eu-right-to-repair-law-devices/
TikTok will stop paying people to watch videos every day: TikTok Lite launched in two European countries earlier this month, but now it’s putting the brakes on a ...
theverge.com/2024/4/24/24139341/tiktok-lite-reward-program-suspended-european-commission
New Schengen visa rules for Saudi Arabia, Oman, Bahrain and India - News | Khaleej Times
khaleejtimes.com/world/gulf/new-schengen-visa-rules-for-saudi-arabia-oman-bahrain-and-india
Other countries are asking ‘who made you world regulator?’ - EU trade chief: Sabine Weyand said the EU’s attempt to leverage single market power to drive better ...
businesspost.ie/news/other-countries-are-asking-who-made-you-world-regulator-eu-trade-chief/
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Ethics and AI: Basics, Dangers & Outlook: What dangers the new technology poses and what rules we have to set up to enable the sustainable development of ...
news.at/a/ethik-und-ki
MEPs approve new anti-money laundering rules – but what do they cover? : EU lawmakers voted in a landslide in favour of new curbs on crypto, football clubs and ...
euronews.com/my-europe/2024/04/24/meps-approve-new-anti-money-laundering-rules-but-what-do-they-cover
The European Court of Auditors criticizes the refugee agreement with Turkey: The EU has paid Turkey more than six billion euros to look after Syrian refugees ...
nzz.ch/international/der-europaeische-rechnungshof-kritisiert-das-fluechtlingsabkommen-mit-der-tuerkei-ld.1827733
Macron Gauging Support for Plan to Install Draghi in Top EU Job: French President Emmanuel Macron, who was instrumental in making Ursula von der Leyen the ...
bloomberg.com/news/articles/2024-04-24/macron-is-gauging-support-for-a-plan-to-install-draghi-in-the-top-eu-job
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Trade with China: Brussels intensifies confrontation course: Shortly before Chinese President Xi's first visit to the EU since the corona pandemic ...
faz.net/aktuell/wirtschaft/handel-mit-china-bruessel-verschaerft-konfrontationskurs-19675219.html
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EU "takes note of" Ukrainian Foreign Ministry's decision on consular services for men liable for military service
pravda.com.ua/eng/news/2024/04/24/7452762/
US charges Samourai cryptomixer founders for laundering $100 million: Keonne Rodriguez and William Lonergan Hill have been charged by the U.S ...
bleepingcomputer.com/news/security/us-charges-samourai-cryptomixer-founders-for-laundering-100-million/
European Union Parliament approves weakened green rules for farmers
deccanherald.com/world/european-union-parliament-approves-weakened-green-rules-for-farmers-2993235
Big business to be liable for suppliers’ ESG abuses from 2027: Just 40 Irish firms will be impacted by the new rules, according to MEP Barry Andrews ...
businesspost.ie/news/big-business-to-be-liable-for-suppliers-esg-abuses-from-2027/
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Van Ameren Bad arsonist sentenced to four years in youth prison: The verdict in the Van Ameren Bad arson case has been reached: the main perpetrator was ...
nwzonline.de/region/van-ameren-bad-haupttaeter-wegen-brandstiftung-zu-vier-jahren-jugendstrafe-verurteilt_a_4,1,863197564.html
Euro cloud group blasts Broadcom over VMware licensing maneuvers: CISPE says concessions 'solve nothing'
theregister.com/2024/04/24/cispe_broadcom_vmware/
South Africa Sends Top Officials to UAE Over Gupta Extraditions: South Africa’s state prosecuting authority urged the presidency to help resolve an impasse with ...
dailymaverick.co.za/article/2024-04-24-south-africa-sends-top-officials-to-uae-over-gupta-extraditions/
Rushed rollback of EU green farming rules triggers dismay: The bloc’s notoriously complex legislative process can apparently be simplified — when it comes to ...
politico.eu/article/rushed-rollback-eu-green-farming-rule-draw-dismay/
MEPs approve new laws to tackle money laundering: New laws to tackle money laundering, terrorist financing and sanctions evasion have been approved by the ...
rte.ie/news/europe/2024/0424/1445278-european-parliament/
Broad majority for GAEZ easing: The majority of European Parliamentarians want to abolish compulsory fallow land within the framework of the CAP ...
topagrar.com/management-und-politik/news/breite-mehrheit-fuer-gloez-lockerungen-20002549.html
EU Space Law: Commission official reveals details on cybersecurity aspects: A Commission official revealed key details of the content and shape of the upcoming ...
euractiv.com/section/cybersecurity/news/eu-space-law-commission-official-reveals-details-on-cybersecurity-aspects/
EU Commission orders Chinese security company searched: On Tuesday, the European Commission carried out raids on the branches of the Chinese security supplier ...
businessinsider.de/wirtschaft/eu-kommission-laesst-chinesisches-sicherheitsunternehmen-durchsuchen/
$3b money laundering accused Su Baolin handed 3 new charges, to plead guilty on April 29
straitstimes.com/singapore/3b-money-laundering-accused-su-baolin-handed-3-new-charges
EU Parliament clears the way for European Health Data Space: Berlin - The European Parliament has cleared the way for the European Health Data Space (EHDS) ...
aerzteblatt.de/nachrichten/150935/EU-Parlament-macht-Weg-frei-fuer-Europaeischen-Gesundheitsdatenraum
“Bury the project”: US sanctions hit Russia’s LNG hard: Even the federal government once wanted to promote Arctic LNG 2. Now it is clear: US sanctions have ...
berliner-zeitung.de/wirtschaft-verantwortung/sanktionen-der-usa-treffen-russlands-lng-hart-li.2208321
Truck goes off the road and ends up in a ditch: A truck slipped into a ditch on Ostermarscher Strasse in the north this morning. Nobody got hurt - and the driver ...
nwzonline.de/norden/unfall-in-norden-auf-der-ostermarscher-strasse-lastwagen-kommt-von-strasse-ab-und-landet-im-graben_a_4,1,864535933.html
Commission warns Greece and Cyprus on fraud rule implementation: The European Commission has taken action against Greece and Cyprus for their failure to properly ...
ekathimerini.com/economy/1237244/commission-warns-greece-and-cyprus-on-fraud-rule-implementation/
Sole $20m bid in auction for Sentosa plot seized in money laundering probe not accepted by OCBC
straitstimes.com/business/sole-20m-bid-in-auction-for-sentosa-plot-seized-in-money-laundering-probe-not-accepted-by-ocbc
How Chinese networks clean dirty money on a vast scale: These shadowy “banks” are becoming the financiers of choice for transnational criminal gangs
economist.com/china/2024/04/22/how-chinese-networks-clean-dirty-money-on-a-vast-scale
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'Getting production off the ground': EU will collaborate better to tackle drug shortages
brusselstimes.com/belgium-news/1019564/getting-production-off-the-ground-eu-will-collaborate-better-to-tackle-drug-shortages
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