Category: money laundering
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Europe Seeks Diplomatic Solution to Israel-Iran Conflict
Welcome back to World Brief, where we’re looking at diplomatic efforts to end the Israel-Iran conflict, a landmark vote in the U.K. Parliament, and the diminishing power of Taiwan’s opposition. Two Weeks of Diplomacy Iranian Foreign Minister Abbas Araghchi met with his counterparts from France, Germany, and the United Kingdom in Geneva on Friday to…
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Anonymous shell companies pose a threat to US national security. Here is how to address it.
Econographics June 17, 2025 • 12:18 pm ET Julie Brinn Siegel On March 26, the Department of the Treasury scrapped critical federal rules that would have made most anonymous shell companies illegal. The rules would also have prevented them from being abused by drug cartels, human traffickers, foreign adversaries like Iran and China, terrorist groups,…
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What’s the Trump administration’s dollar strategy? It depends on who you ask.
New Atlanticist May 27, 2025 • 10:20 am ET Alisha Chhangani The US dollar has been the backbone of the international financial system for nearly a century. According to the Atlantic Council’s Dollar Dominance Monitor, the dollar’s preeminent position remains secure in the near and medium term. However, five months into US President Donald Trump’s…
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Why the US cannot afford to lose dollar dominance
Atlantic Council Strategy Paper Series May 20, 2025 • 10:00 am ET Martin Mühleisen and Valbona Zeneli This Atlantic Council Strategy Paper explores the relationship between the status of the United States as a geopolitical superpower and the role of the US dollar as the world’s dominant currency. It examines how these two facets of…
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US announces $10m reward for information on South American Hezbollah networks
The US on Monday announced a reward of up to $10 million for information leading to the disruption of Hezbollah financial markets in South America. The State Department’s Rewards for Justice programme issued the announcement, with the request focused on the “tri-border area” of Argentina, Brazil and Paraguay. The announcement said the Lebanon-based group generates…
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Iran seeks removal from FATF blacklist amid legislative efforts
Politics Materials 17 May 2025 11:46 (UTC +04:00) Follow Trend on BAKU, Azerbaijan, May 17. Iran is working to be removed from the Financial Action Task Force’s (FATF) list of non-cooperative jurisdictions, also known as the “blacklist,” Trend reports, citing Iran’s Financial Intelligence Unit. The ratification of two key international conventions—the Convention against Transnational Organized…
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African governments should rethink their approach to combating money laundering and terrorist financing
Emerging and developing economies are already feeling the impact of the trade war and economic downturn. That was made clear at this year’s International Monetary Fund and World Bank Spring Meetings, where financial leaders warned about job loss and increasing poverty rates across these countries. But there are changes African countries can make to better…
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Iran ratifies transnational crime convention under financial action task force framework
Politics Materials 15 May 2025 10:18 (UTC +04:00) Follow Trend on BAKU, Azerbaijan, May 15. Iran’s Guardian Council has approved the Palermo Convention on combating transnational organized crime under the Financial Action Task Force (FATF), an intergovernmental body focused on anti-money laundering and counter-terrorism financing measures, Hadi Khani, Deputy Minister of Economic Affairs and Finance…
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Trump hits Iran’s pocketbook as he dangles a carrot in Middle East speech
The Trump administration sanctioned nearly two dozen firms operating in Iran’s illicit international oil trade, as President Donald Trump delivered remarks in the Middle East – tempting the Islamic Republic with a “much brighter future” should it come to a nuclear agreement with the United States. The sanctions, announced by the Treasury Department’s Office of…
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The Ayatollah Regime – a clear and present threat to the US
Ambassador (ret.) Yoram Ettingeris author of a “Second Thought: a US-Israel Initiative”, bit.ly/4jIt8IJ Is the Ayatollah regime a threat to the US? It has been claimed that Iran’s Ayatollah regime does not pose a threat to the US, nor would a nuclear Iran. Moreover, it has been suggested that just like a nuclear India, Pakistan…
