The agreement with ThyssenKrupp included provisions for what would happen if corruption were discovered on the German end; in that situation, the corporation would be able to cancel the existing deals. But it included no provisions on what would happen if corruption were discovered on the Israeli end.
Israel’s attorney general said Thursday he intends to charge the personal lawyer of Prime Minister Benjamin Netanyahu with money-laundering in the state’s purchase of submarines from German firm Thyssenkrupp.
The justice ministry said that charges were also expected against a businessman who represented the firm in Israel and against a former head of the Israeli navy.
– The Prime Minister has created a list of British employers considered at risk
– It comes after the country’s economy shrunk for first time in seven years
– Economy is the lowest it has been in a decade, prompting fears of recession
Analysts have warned the IMF deal would likely come with myriad restrictions that could bridle Khan’s grand promises to build an Islamic welfare state, as the country is forced to tighten its purse strings.
Pakistan’s increasing economic woes also come as the country is facing possible sanctions from the Financial Action Task Force — a money-laundering monitor based in Paris — for failing to rein-in terror financing.
Troubled ASSET RELIEF PROGRAM
Financial rescue plan aimed at restoring liquidity to the financial markets
Committed : $11 trillion (total)
Invested: $3 trillion (total)
Sanders, who is running for the Democratic presidential nomination, includes a version of this line in his stump speeches — as part of a slew of statements that he says demonstrates how the system is rigged in favor of the rich and powerful.
But his language is a bit slippery and exaggerated.
The audit of the Fed’s emergency lending programs was scarcely reported by mainstream media – albeit the results are undoubtedly newsworthy. It is the first audit of the Fed in United States history since its beginnings in 1913. The findings verify that over $16 trillion was allocated to corporations and banks internationally, purportedly for “financial assistance” during and after the 2008 fiscal crisis.
Sen. Bernie Sanders (I-VT) amended the Wall Street Reform law to audit the Fed, pushing the GAO to step in and take a look around.
Lagarde said in a statement that the request came during her meeting with Finance Minister Asad Umar and State Bank Governor Tariq Bajwa on the sidelines of the IMF and World Bank annual meetings in Bali.
(26.6.2017) Depositors were at risk so the state had to stop in to to save Banca Popolare di Vicenza and Veneto Banca, Prime Minister Paolo Gentiloni said