Russian Assets Carries Legal Risk
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U.S. and Europe Move Closer to Using Russian Assets to Help Ukraine
Finance ministers from the G7 nations are hoping to finalize a plan ahead of the group’s leaders meeting next month.The New York Times - Top stories - Ukraine -
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G7 leaders to discuss €30bn loan for Ukraine using Russian assets
Finance ministers will debate legality of using €270bn in frozen state assets as collateral for loan. Divisions over whether Ukraine can lawfully be handed an extra €30bn (£26bn) loan drawn from €270bn in seized Russian state assets are likely to ...The Guardian - World - Ukraine -
Russian court seizes assets worth €700mn from UniCredit, Deutsche Bank and Commerzbank
Move against western lenders follows dispute with a subsidiary of GazpromFinancial Times - Business - Russia -
Russian court seizes assets worth over $700 mln from UniCredit, Deutsche Bank and Commerzbank
A St Petersburg court has seized over €700 mln ($773 mln) worth of assets belonging to three western banks — UniCredit, Deutsche Bank and Commerzbank — according to court documents.MarketWatch - Business - Russia -
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The Morning Risk Report
U.S. blocks imports from 26 more Chinese companies over forced labor concerns, and the U.S. pitches deal to ease sanctions on Israeli businessman in a quest for metals. Also, Microsoft asks hundreds of China-based AI staff to consider relocating ...The Wall Street Journal - World -
Are the Risks of Marijuana Overhyped or Undersold?
‘The psychiatric hospitals I oversee are consistently occupied by patients suffering from complications due to cannabis.’The Wall Street Journal - World -
The Morning Risk Report
BMW, Jaguar and VW parts may have been made With forced labor, Senate report says, and FDIC chairman Martin Gruenberg to resign after a report into regulator’s culture. Also, The U.S. finally has a strategy to compete with China, but will it work?The Wall Street Journal - World -
Britain risks throttling a golden goose
By restricting student visas, the UK is endangering its world-class university sectorFinancial Times - World - United Kingdom -
Agents of manipulation (the real AI risk)
Artificial agents will make our lives better. At the same time, these superpowers could easily be deployed as agents of manipulation.VentureBeat - Tech -
Head of crypto asset manager Grayscale steps down
New York investment firm turns to a former Goldman executive to replace Michael Sonnenshein as chief executiveFinancial Times - Business - Crypto -
Trump legal team hammers at Cohen's credibility in questioning
Prosecutors are nearing the end of their hush money case against former President Donald Trump as Michael Cohen's testimony wraps up.NBC News - Top stories - Donald Trump -
New call for first responders to carry blood on ambulances
A group of former military trauma surgeons, nurses and paramedics are calling for first responders to carry blood on rescue vehicles. Doctors say tens of thousands of lives could be saved. NBC News' Cynthia McFadden reports.NBC News - Top stories -
Radical change looms for Japanese legal sector
Advisers are braced for more domestic businesses to become targets for unsolicited takeoversFinancial Times - World - Japan -
Fifa to make legal assessment on Israel suspension
The Palestinian football federation calls for a vote at Fifa's congress to suspend Israel over the war in Gaza.BBC News - Top stories - Israel -
FIFA to seek legal advice over Israel suspension
FIFA will seek independent legal advice before holding an extraordinary council meeting by July 20 to make a decision on a Palestinian proposal to suspend Israel from international football because of the conflict with Hamas.ESPN - Sports - Israel -
Legalized Weed is Landing More Seniors in the E.R.
In Canada, cannabis poisonings rose sharply among people 65 and older after the country legalized the drug, a new study found.The New York Times - Top stories -
Does Legalizing Cannabis Increase Adolescent Use?
Contrary to expectation, a major study found that weed use among minors was lower in states where the drug was legal.The New York Times - Health -
Injured Singapore Airlines passenger carried off flight
A passenger injured by severe turbulence is carried off flight SQ321 at Bangkok airport.BBC News - Top stories - Travel -
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Desperate Biden must debate to win — but there are risks
Trump’s campaign has to guard against dirty tricks.The Hill - Politics - Joe Biden -
Steelmakers warn ministers that UK faces dumping risk
Plans to bring in carbon tax a year after EU will see shipments ‘diverted’ to Britain, industry saysFinancial Times - World - United Kingdom -
Why an uncertain world needs to take on more risk
Scarring from a series of shocks generates a defensive mindset that is holding back growthFinancial Times - World -
Prosecuting Netanyahu Has Risks for International Criminal Court
U.S. support for the ICC, which grew with the Ukraine investigation, is collapsing after prosecutor Karim Khan targets Israeli leaders.The Wall Street Journal - World -
Chevron to sell UK North Sea assets as it exits ageing oil basin
Company to focus on newer oilfields, bringing to an end more than 55 years of operations in regionFinancial Times - Business - United Kingdom -
Sony and Apollo Take Key Step in Bid for Paramount’s Assets
The two companies have expressed interest in acquiring the media conglomerate, but are backing away from their $26 billion all-cash offer.The New York Times - Business -
Stop the excuses for why Russia's frozen assets can’t help Ukraine
The collective West has $300 billion in frozen Russian assets that could be very useful.The Hill - Politics - Ukraine -
European private equity groups forced to keep assets longer
Some firms are struggling to exit investments made when the industry boomed while interest rates were lowFinancial Times - Business -
Amazon CEO Andy Jassy’s Most Prized Business Asset? A Positive Attitude
'Be a ravenous learner,' advises the Amazon boss, who says a can-do attitude allowed him to become founder Jeff Bezos's replacement and can benefit anyone's career.Inc. - Business -
The crypto Congress: momentum builds for ‘most significant’ digital asset law in history
Crypto industry insiders are becoming more optimistic that new legislation that would sideline the U.S. Securities and Exchange Commission will get strong bipartisan support in a vote this week, and potentially even become law before the end of ...MarketWatch - Business -
Sony and Apollo Take Key Step in Bid for Paramount’s Assets
The two companies have expressed interest in acquiring the media conglomerate, but are backing away from their $26 billion all-cash offer.The New York Times - Business -
Supreme Court rules Consumer Financial Protection Bureau funding structure is legal
The Supreme Court decision protects the CFPB from the potentially crippling risk that Republicans in Congress will block annual funding for the agency.CNBC - Business -
Scientists find buried branch of the Nile that may have carried pyramids’ stones
Discovery of the branch, which ran alongside 31 pyramids, could solve mystery of blocks’ transportation. Scientists have discovered a long-buried branch of the Nile River that once flowed alongside more than 30 pyramids in Egypt, potentially ...The Guardian - World -
Scientists Calculated the Energy Needed to Carry a Baby. Shocker: It’s a Lot.
In humans, the energetic cost of pregnancy is about 50,000 dietary calories — far higher than previously believed, a new study found.The New York Times - Health -
A Legal Scholar Critiqued Elon Musk's Pay. Now He's Out of a Job.
Tesla threatened to fire a law firm over Charles Elson’s objections to the CEO’s proposed pay package, an email suggests.The Wall Street Journal - Business -
Hunter Biden's allies scramble for legal fee support as main benefactor retreats
The financing crunch comes at a precarious time for President Joe Biden's son, whose two criminal trials are set to begin in June.NBC News - Top stories - Joe Biden -
How ex-military surgeons are pushing for laws allowing ambulances to carry blood
A group of former military trauma surgeons are calling for first responders to carry whole blood on rescue vehicles to help save bleeding patients. NBC News' Cynthia McFadden reports on the small number of communities already seeing life-saving ...NBC News - Top stories -
Helicopter carrying Iran's president suffers a 'hard landing,' state TV says
The incident happened near Jolfa, a city on the border with Azerbaijan.ABC News - Top stories -
Helicopter Carrying Iran’s President Has Crashed, State Media Reports
Rescuers are trying to locate the helicopter on which President Ebrahim Raisi and Foreign Minister Hossein Amir Abdollahian were traveling, state media reported. Their status is unknown.The New York Times - Top stories