International

Headlines

Preparing for conflicts by cyber-means

WHEN LATVIA conducted its biggest-ever national military exercise last August, which mobilised more than 10,000 people, a group of researchers discovered that using only open-source information they could identify about 10% of the individuals involved—and use that knowledge to track the exercise in real time. They also found they could make a soldier...

How NATO is shaping up at 70

REACHING 70 IS an extraordinary achievement for the North Atlantic Treaty Organisation. Most alliances die young. External threats change; national interests diverge; costs become too burdensome. Russia’s pact with Nazi Germany survived for only two years. None of the seven coalitions of the Napoleonic wars lasted more than five years. A study in...

Decades after the end of the cold war, Russia is showing new aggression

“FOR ME, I’M living the dream,” says Major Pierre Gosselin, a Canadian company commander in NATO’s multinational battlegroup in Latvia. A bleak, freezing-cold firing range in January at Camp Adazi, a military base 45 minutes’ drive from Riga, is not everyone’s idea of heaven. But Major Gosselin and his men, recently arrived for their six-month...

NATO members’ promise of spending 2% of their GDP on defence is proving hard to keep

THE PRESIDENT did not mince his words. “We cannot continue to pay for the military protection of Europe while the NATO states are not paying their fair share and living off the fat of the land. We have been very generous to Europe and it is now time for us to look out for ourselves.” A tweet from Donald Trump? In fact the words were John F. Kennedy’s,...

What NATO needs to do to live to its 100th birthday

THE TRANSATLANTIC alliance deserves a resounding “happy birthday”. It kept the peace for 40 years of cold war, protected western Europe from communism, helped stabilise central Europe after the Soviet Union’s collapse and enabled unprecedented prosperity. It has shown admirable openness, adaptability and commitment. “We’re incredibly complacent...

Finance

Racing Against China, U.S. Reveals Details of $500 Million Supercomputer

AdvertisementSupported byRacing Against China, U.S. Reveals Details of $500 Million SupercomputerImageThe Aurora supercomputer is scheduled to be delivered to the Argonne National Laboratory near Chicago in 2021.CreditCreditLyndon French for The New York TimesBy Don ClarkMarch 18, 2019SAN FRANCISCO — The Department of Energy disclosed details...

Deutsche Bank and Trump: $2 Billion in Loans and a Wary Board

AdvertisementSupported byDeutsche Bank and Trump: $2 Billion in Loans and a Wary Board New details are emerging about the long, symbiotic and at times troubled relationship between the president and his loyal German bank. ImageWhen Donald J. Trump defaulted on a loan for Trump International Hotel in Chicago, he sued Deutsche Bank, which lent him the...

Trump and Deutsche Bank: $2 Billion in Loans, a Wary Board and Colorful Bankers

AdvertisementSupported byTrump and Deutsche Bank: $2 Billion in Loans, a Wary Board and Colorful Bankers New details are emerging about the long, symbiotic and at times troubled relationship between the president and his loyal German bank. ImageWhen Donald J. Trump defaulted on a loan for Trump International Hotel in Chicago, he sued Deutsche Bank,...

Japan’s Olympic Chief to Step Down Amid Corruption Investigation

AdvertisementSupported byJapan’s Olympic Chief to Step Down Amid Corruption InvestigationImageTsunekazu Takeda was an Olympic equestrian before becoming president of the Japanese Olympic Committee.CreditCreditKim Kyung-Hoon/ReutersBy Ben DooleyMarch 19, 2019TOKYO — The head of Japan’s Olympic Committee said on Tuesday that he would...

Levi’s, Whose Jeans Are a Rugged Symbol of Americana, Prepares to Go Public

ImageLevi's Vintage collection in The Levi’s Flagship Store in Times Square, New York. Levi & Strauss Co. is set to go public on NYSE this week.CreditCreditGabby Jones for The New York TimesSectionsSkip to contentSkip to site indexLevi’s, Whose Jeans Are a Rugged Symbol of Americana, Prepares to Go PublicThe maker of denim...

Legal

New OFAC CAPTA List Targets Foreign Banks

The Office of Foreign Assets Control (“OFAC”) recently announced the creation of a new list of sanctioned parties specific to foreign financial institutions (“FFIs”). The Correspondent Account of Payable-Through Account Sanctions (the “CAPTA List”) identifies FFIs that are prohibited or severely restricted from opening or maintaining a U.S....

United Arab Emirates Removed From Tax Havens List

The European Union recently removed the United Arab Emirates from the list of Uncooperative Tax Havens. The UAE achieved this goal after enhancing the substance and transparency of its taxation procedures. Tax analysts believe this action will make the UAE an even more attractive destination for foreign investment in future. Background of Tax Avoidance...

Supreme Court Applies Excessive Fines Clause to States

The Supreme Court today held the Eighth Amendment’s Excessive Fines Clause applies to the states. A wide variety of groups from the American Civil Liberties Union to the Chamber of Commerce of the United States supported the result. Background The defendant in the underlying matter was an individual who pleaded guilty in Indiana state court to...…...

Linguistic Clues Narrow Identity of Country A in Mueller Probe

Fascination continues about the identity of Country A in Special Counsel Mueller’s investigation into Russian interference.  An unidentified corporation is a witness in the investigation and is owned by Country A.  Recent developments provide clues in the unredacted portions of unsealed court rulings and party filings.  Based on linguistic analysis...

DOJ 2018 Policy Shifts in Review

In 2018, the US Department of Justice (DOJ) issued many important policy updates and rollouts that will have far-reaching impact. Our firm’s Alert provides an easily navigated yet detailed summary of developments. Policy Shifts at the Department of Justice – 2018 in Review focuses on government investigations and white collar prosecutions. The Alert...

Deals

Harris Williams advises NSC Minerals Ltd. on its sale to Kissner Group Holdings LP

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised NSC Minerals Ltd. (NSC), a portfolio company of Altas Partners (Altas), on its sale to Kissner Group Holdings LP (Kissner). The transaction was led by Tim Webb, Ty Denoncourt and Peter Grace of the Harris Williams’ Industrials Group and Joe Conner...

How company bosses need to protect themselves from increasingly ‘creative’ legal action

Company bosses and directors are being targeted increasingly with ‘creative’ legal action over investment deals that have gone wrong. It is clear that management teams and non-executive directors are now operating in a rapidly developing and fraught environment. Claims from investors and lenders are being pursued more aggressively outside...

Zephyr Global M&A Review, 2018

Global M&A value up year-on-yearValue increases in all regions except Asia-Pacific and MENA, boosted by sizeable deals in Western Europe and North AmericaPE/VC value also up, driven by investment in Western Europe The aggregate value of global mergers and acquisitions (M&A) increased in 2018, according to M&A information collected by Bureau van Dijk,...

ZEDRA Group announces long-term strategic partnership with Corsair Capital

ZEDRA Group (“ZEDRA”), the global specialist in trust, corporate and fund services, today announced that Corsair Capital LLC (“Corsair”), one of the longest-standing private equity firms focused on the financial services industry, has made a majority investment in ZEDRA.  Corsair has a long and successful track record of growing financial...

HRtech M&A achieves record transaction volumes

Innovative recruitment, talent management and payroll and benefits technologies are driving HRtech M&ACompanies having to integrate HRtech to win the race for talent and adapt to the fast-evolving nature of work The latest HRtech M&A Market Report from international technology mergers and acquisitions advisors, Hampleton Partners, shows that 2018...

Acq Lite

At World’s Biggest Dog Show, Pups That Give New life to Disabled Owners

EDITOR’S NOTE: This news is courtesy of iCopyright, so GNN has no control over the ads. Please remember we do not endorse the advertisements. The post At World’s Biggest Dog Show, Pups That Give New life to Disabled Owners appeared first on Good News Network. Read More

Stranger Sets Off Incredible Chain of Good Deeds That Saved 6 Lives

Six lives were saved at a hospital this week, and it is all thanks to one woman's decision to “be selfless for a day”. The post Stranger Sets Off Incredible Chain of Good Deeds That Saved 6 Lives appeared first on Good News Network. Read More

10 Things I Wish I Would Have Told My Kids

Mindfulness is the ability to pay attention to your current experience—both the internal and external—without judgment. Practicing mindfulness allows us to make wiser choices and pursue healthier and more beneficial avenues in life. Had I learned them earlier in life, I would have taught my kids the valuable life lessons that I’ve gleaned from...

DIY or Die: How an Industrious Outback Nurse Diagnosed His Own Heart Attack and Stayed Alive

The nurse was stationed at his medical outpost 100 miles away from the nearest hospital when he realized that he was about to have a heart attack. The post DIY or Die: How an Industrious Outback Nurse Diagnosed His Own Heart Attack and Stayed Alive appeared first on Good News Network. Read More

Daily Dose of Cute: Dachshund Shows Off Skills by Maneuvering Maze of Plastic Water Bottles

If you’re mourning the end of the Winter Olympic Games in Pyeongchang, you might like these games of skill involving a long-haired Dachshund. Takao showed off his thinking abilities earlier this week when he successfully maneuvered a maze of plastic water bottles that was erected by his owner. In the videos posted to his Instagram page, the...