For what it's worth. China's state-owned banks are tightening restrictions on financing Russian clients after the US approved secondary sanctions against foreign banks that aid Russia in its invasion of Ukraine. www.bloomberg.com/news/article...
China’s state-owned banks are tightening curbs on funding to Russian clients after the US authorized secondary sanctions on overseas financial firms that aid Moscow’s war effort in Ukraine, people...
www.bloomberg.com
Great - firms violating sanctions against Russian Regime will no longer be able to lend money from banks 👍 - watch out big business in China
www.bloomberg.com/news/article...
The US targeted banks that facilitate payments for Russia’s military-industrial complex, the latest in a series of restrictions that have tried — and so far failed — to cripple President Vladimi...
www.bloomberg.com
Further sanctions from US and EU on banks that procure deals for semiconductors, ball bearings, and other items
www.bloomberg.com/news/article...
Bank of Russia Governor Elvira Nabiullina, who helped the Kremlin absorb the blow from sweeping sanctions over the invasion of Ukraine, said she’s preparing for a strengthening of penalties aimed at...
www.bloomberg.com
“Fines by state regulators for discharge violations are rare.”
European Central Bank's Elderson on ECB's plans if banks continue to fail to address climate-related financial risk. “If [fines] are not effective, we can move up the escalation ladder." www.bloomberg.com/news/article...
US Sanctions Zimbabwe President Mnangagwa Over Human Rights www.bloomberg.com/news/article...
The US is sanctioning Zimbabwean President Emmerson Mnangagwa and other top officials over what it called “gross abuses” following disputed elections.
www.bloomberg.com
“Colorado fines Suncor US$10M for air pollution violations” globalnews.ca/news/1027568... - Global Edmonton
The state of Colorado is fining Suncor Energy Inc. US$10.5 million for air pollution violations.
globalnews.ca
The breaking news….alerts from agencies….first-on-the-scene video reports from citizens caught in storms, around the world.
McDonald's Experiences Global System Outage - Bloomberg www.bloomberg.com/news/article...
McDonald’s Corp. has been hit by a system outage that appears to have started in the Asia-Pacific region and spread to other markets globally, leaving customers unable to order at its stores and throu...
www.bloomberg.com
Fed Blocks Tough Global Climate-Risk Rules for Wall Street Banks
ECB has been pushing Basel Committee to set requirements
US, European officials differ over approach for new standards
www.bloomberg.com/news/article...
US regulators, led by the Federal Reserve, have thwarted a push to make climate risk a focus of global financial rules, according to people familiar with the matter.
www.bloomberg.com
The article mentions the Zeta Psi fraternity. I noticed this from a Cal web site:
**Zeta Psi2728 "Repeated risk management violations, fire and life safety violations, and non-compliance with prior sanctions"
lead.berkeley.edu/cal-greeks/f...
PetroChina Set to Take Venezuelan Oil After US Sanctions Eased www.bloomberg.com/news/article...
PetroChina Co. is set to receive a cargo of Venezuelan oil, which will be used at its mega refinery in Guangdong, after the US rolled back sanctions on the OPEC producer late last year.
www.bloomberg.com
India Buying More US Oil as Sanctions Stifle Russian Flows
www.bloomberg.com/news/article...
Indian oil refiners are on track to take the most American crude in almost a year after tighter enforcement of US sanctions crimped trade with Russia and forced processors to look elsewhere for supply...
www.bloomberg.com