Plus: DuPont China Deal Reveals Cracks in U.S. National Security Screening, CFIUS Process...
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8/14/23

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Happy Monday! It's August 14, and we’re tracking top stories to start your week: Iran's $6 billion hostage windfall, how South Africa became a terrorist financing hotspot, U.S. sanctions Alfa Bank tycoons, DuPont China deal reveals CFIUS cracks, and much more...

 

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🎯 Iran says unblocked South Korea funds to be used for ‘non-sanctioned goods.’ The White House stated that Iran can only use the $6B in funds to purchase food and medical supplies without dual military use. Reuters 

 

Top Stories

 

🌎 How paradise South Africa became the continent’s top terror financing hub. A growing number of individuals and businesses are being placed on international sanctions lists because of links to terrorism. Telegraph

 

🌎 US sanctions Russians on Alfa Group board in response to war in Ukraine. The US Treasury Department on Friday imposed financial sanctions against four Russians on the board of Alfa Group, one of Russia’s largest conglomerates with interests in oil, natural gas and banking. AP

 

🌎 A DuPont China Deal Reveals Cracks in U.S. National-Security Screening. Defense Secretary Lloyd Austin argued in a tense video call with Treasury Secretary Janet Yellen and others that the deal should be blocked. Treasury didn’t agree. WSJ

 

🌎 IE Insights: What is CFIUS? Illicit Edge

 

🌎 Georgia prosecutors have messages showing Trump’s team is behind voting system breach. Fulton County District Attorney Fani Willis is expected to seek charges against more than a dozen individuals when her team presents its case before a grand jury next week. CNN

 

🌎 Zelensky Called Him a Criminal. Now Ukraine Calls Him for Guns and Ammo. In a rush to arm the front line, leaders revived historical figures and temporarily reversed years of anticorruption policies in Ukraine. NY Times

 

🌎 Zelensky says all officials in charge of military recruitment offices dismissed amid corruption scandal. The National Anti-Corruption Bureau is investigating allegations that Ukraine's defense ministry purchased military provisions, including food for troops, at inflated prices. CNN

 

🌎 Microsoft to freeze license extensions for Russian companies. The U.S. software giant said in a letter sent to Russian businesses that it will no longer process payments via wire transfer to a local bank account for its services in Russia. The Record

 

🌎 Michigan community resists Chinese acquisition of $2bn US farmland, surpassing Bill Gates' holdings. Gotion, tied to the CCP, recently acquired 260 acres of industrial land and 10 acres of unused farmland in the township. Daily Mail

 

🌎 Jordanian army downs drone from Syria carrying meth. War-torn Syria has become a hub for a multi-billion-dollar drugs trade, with Jordan a main transit route to the oil-rich Gulf states for a Syrian-made amphetamine known as captagon. Reuters

 

🌎 This art thief nabbed 239 works of art worth an estimated $2 billion. Frenchman Stéphane Breitwieser, an art enthusiast, stole around 239 works of art valued at approximately $2 billion from up to 200 museums across Europe. NY Post

IN THE NEWS

Russia & China

 

💥 Russia’s War Economy Expands More Than Forecast Despite Sanctions Bloomberg

 

💥 Russia exploits billion-dollar oil cap loophole FT

 

💥 Inside the Hunt to Find an American FBI Asset Who Vanished in Russia Rolling Stone

 

💥 In blow to 'run' movement, Shanghai police arrest head of immigration consultancy RFA

 

💥 China’s sitting on a goldmine of genetic data – and it doesn’t want to share CNN

 

💥 Chinese tech giant Huawei reports sales, profit up despite US sanctions AP

Drug War

 

💊 Cocaine cartels encroach on Unification Church’s Paraguayan paradise Reuters

 

💊 Leader of Ecuadorian crime gang moved to maximum-security prison days after candidate’s killing AP

 

💊 Czech police seize 646 kilograms of cocaine in banana shipment Reuters

Corruption & Financial Crime

 

💵 Bob Menendez tests Democrats’ loyalty as feds target him again Politico

 

💵 Subway Creep’s Desperate Plea to Cops Sets Off Wild Vigilante Saga Daily Beast

 

💵 Brazil Police Raid Bolsonaro Aides Over Sale of Jewelry Gifts Reuters

 

💵 There’s far more scientific fraud than anyone wants to admit Guardian

Cyber

 

🔐 Polish police arrrest five in swoop on cybercrime site Reuters

 

🔐 How the FBI goes after DDoS cyber-attackers TechCrunch

 

🔐 Top U.S. cyber official offers 'stark warning' of potential attacks on infrastructure if tensions with China escalate NBC News

"Nothing strengthens authority so much as silence." --Leonardo da Vinci

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