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🎯 Rosneft lauds safety of Russian oil sales to China amid chaos in the Middle East. Russia has overtaken Saudi Arabia as the main supplier of oil to China, delivering 75 million tons of oil so far this year. Reuters
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💥 U.S. Senator Warren Leads Lawmakers in Push Against Crypto-Backed Terrorism. 102 lawmakers demanded to know what the Treasury Department and others are doing to prevent the use of crypto to finance terrorism. CoinDesk
💥 UBS Joins Banks Ensnared in Singapore’s $2B Scandal. UBS and two major Chinese lenders have been drawn into one of Singapore’s largest money laundering cases. Bloomberg
📕 Meeting DOJ and SEC Post-Settlement Obligations: A Practical Guide. Satisfying post-settlement commitments is a business imperative to help restore brand value and improve stakeholder confidence. Sponsored by StoneTurn 📕
💥 U.S. Firms Hired North Korean IT Workers Posing as Americans. The FBI has disrupted a ring of North Koreans posing as American IT workers to help fund Pyongyang’s nuclear weapons program. Daily Beast
💥 Biden announces $100M in humanitarian aid to Gaza. Biden cautioned Hamas against attempting to divert the aid, saying that if the group attempts to interfere assistance will end. Politico
💥 US unveils new sanctions on Iran’s missile and drone programs as UN restrictions expire. The new sanctions come on “Transition Day,” when the remaining UN restrictions on Tehran’s ballistic missile program from the 2015 Iran nuclear deal lapse. CNN
💥 Biden eases sanctions on Venezuelan oil and Republicans howl. The move reverses years of U.S. policy aimed at unseating President Nicolás Maduro. Politico
💥 Palestinian group accused of harboring terrorists received $1B from Biden admin. New report reveals 100 pages of evidence that UNRWA schools taught hate toward Jewish people, glorified terrorism. Fox Business
💥 China ramps up yuan internationalization under Belt and Road Initiative. China is using BRI loans to promote the yuan globally, having already boosted its share of international payments to record levels. Reuters
💥 China's Huawei sells 1.6M Mate 60 Pro handsets in six weeks. Huawei made a surprise launch of its premium phone in late August, marking a breakthrough in the face of U.S. sanctions. Reuters
💥 The Mystery of FTX’s Missing $9B Is Unraveled at SBF Trial. A forensic accountant at SBF trial tried to explain what happened to $9B in FTX customer funds that were missing five months before the company filed for bankruptcy. Bloomberg
💥 Sequoia Targeted by US House China Tech Investment Probe. House Select Committee on China is seeking information about Sequoia’s investments into AI, semiconductor and quantum computing companies in China, as well as its recently announced split into three firms. Bloomberg
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