Russia's war in Ukraine could be a watershed moment for general counsel and their boards when it comes to how they weigh geopolitical risks and moral values in a business landscape already transformed by environmental, social and governance concerns.
The current state of the energy market is "absolute bedlam" with Russia's invasion of Ukraine heightening stakes for an industry already struggling to emerge from the pandemic, turning it into an "emergency" situation, the CEOs of Petronas and Hess Corp. said on Monday.
A federal prosecutor in New York City with experience prosecuting international organized crime and money laundering cases has been tapped by Attorney General Merrick Garland to lead the U.S. Department of Justice's new task force aimed at enforcing sanctions on Russian oligarchs.
Criminal justice reform advocates are pushing for reforms that would redefine sentencing laws in New York, including eliminating mandatory minimums and allowing rehabilitating prisoners to ask for reduced sentences. But a rise in violent crime could hinder their momentum.
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