Left: The chart on the right shows the intricate money-laundering system the Lebanese Canadian Bank used to divert money to the Shiite militant group Hezbollah, according to United States officials. (The NYT, Dec 13, 2011). And on June 25, 2013, the … [Read more...] about The Counter-Terrorist-Financing Farce
Finance
The Salafis Daddy Warbucks – Saudi Arabia
The first-ever global meeting of the Financial Action Task Force (FATF) network of some 200 jurisdictions over the weekend in Paris, “to discuss actions…to combat the financing of the Islamic State of Iraq and the Levant (ISIL) …and to combat the … [Read more...] about The Salafis Daddy Warbucks – Saudi Arabia
Financial Chinoiserie
A most peculiar crisis is developing for the Chinese economy – and, indeed, for the regime -- while the world’s attention is riveted on the chaos and terror in the Mideast and Russian aggression in Ukraine. Not the smallest element is the clever … [Read more...] about Financial Chinoiserie