A real you know baked in incentive to go after what you know happening in the 3rd world so lets talk about europes incentive because in fact the European Commission has had quite a bit to say on Money Laundering in the last few years claims to want to do a great deal more to crack down and yet the worlds tax havens including to some leading European Centers like the netherlands switzerland ireland lexan borg play a huge role in the machinery of the Money Laundering system so clearly this is an area where we need a true european approach also a global approach but how likely are we to get that at a time where in essence were seeing d. Globalization and a retreat from multilateralism well in europe its also worth remembering that John Klobuchar who was president of the European Commission was also the finance minister and Prime Minister of luxembourg for 20 years and oversaw many of these. Activities up until 2014 when he became the president of the European Commission and that didnt hal
Every 8 days concerns growing over a sharp increase in cope with 19 cases in the u. K. And the u. S. Justice department pushes prosecutors to charge protesters in portland and the rarely used law. And sport Justin Thomas head to courts rather to take a 1st round lead at the u. S. Out then american is a shot clear of the 2nd major championship here. So visit to taiwan by a high ranking u. S. Official has led to fighter jets being scrambled and it seemed china launch Major Military drills Taiwans Defense Ministry says it had to send up jets to track approaching Chinese Air Force planes if they cross the sensitive mid line of the Taiwan Strait which lies between china and the island chinas mistreated. Justified fridays new drills saying they were necessary to protect what it calls National Sovereignty and territorial integrity it accuses United States and taiwans ruling party of colluding to stir up trouble. Me with recently the United States and the Democratic Progressive Party authoriti
Gentleman from texas, mr. Castro. Mr. Castro madam chair, i ask unanimous consent that all members may have five legislative days to revise and tend their remarks the speaker pro tempore without objection, so ordered. Mr. Castro i yammings. The speaker pro tempore the gentleman virginia tech. Mr. Castro i rise in support of the uighur forced labor prevention act. The human rights atrocities, the Chinese Government is perpetuating are now wellknown. More than a million uighurs and muslims, ethnic north have been thrown into detention camps where they face torture, brainwashing, sexual abuse, and even forced sterilization. These atrocities are horrific, and the congress has acted to hold perpetrators of these crimes accountable by passing the uighur human rights policy act. We must not stop there. The legislation we are considering today focuses on a specific form of abuse. Forced labor, an abuse of human rights, which also has grave implications for supply chains and consumers worldwide
Studded with prominent names from United States President Donald Trump on one side of the atlantic to germanys deutsche of buck on the other it seems to have complied with rules to report suspicious transactions but took few steps to rein them in our topic Money Laundering all of terrorists how corrupt are the banks. Of the earth. Welcome to to the point its a pleasure to introduce our guests Daniel Drucker is editor in chief of buzz feed news germany and he says the suspicious activity reports give banks a free pass to keep moving dirty money on collector fees. And its a pleasure. Here to welcome Matthew Carnatic to the program hes chief europe correspondent for politico and he believes these scandals are just the latest indication that germanys Banking Sector is neither financially nor culturally sound. And great to have with us as well then to leave the fund prieto she works for the british economist and she thinks justice do much about it was finally starting to recover the revelat
The dpa is finally being utilized. They got entrusted with such an important task. Frankly, it is a joke. Knowing the circumstances around , the options granted, the early leak of the announcement, there is potential here for unlawful insidertrading. I would go beyond that. In terms of potential violations. I think there is potential that the sec could find a range of violations. Regarding individuals involved in manipulation. We do not know. We go back to insidertrading enforcement. There is also a broad range of federal statutes that can apply. In the scope of the investigation, it is real. The questions that were posed by the internal investigation, they are very narrowly framed. Committee, there is still plenty to look at. There is the potential for the commission to find and recommended forstmann actions. Thank you. I appreciate that response. Can you discuss where the harm and causes shareholders Capital Markets and taxpayers . The core issue is credibility. We have to go back to