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ISLAMABAD (Reuters) - Pakistan has reached an accord with the International Monetary Fund for a three-year, $6 billion bailout package aimed at shoring up fragile public finances and strengthening a slowing economy, officials said on Sunday.
U.K. money laundering investigators recovered about 6 million pounds ($7.8 million) in assets, including a Bentley sedan, an upscale hotel and prime London properties, from three defendants who allegedly used a global web of accounts to hide their wealth.
Iranian President Hassan Rouhani last week threatened to resume uranium enrichment unless the European signatories of the 2015 Iran nuclear deal resumed trade with his country in violation of United States sanctions.
SEOUL (Reuters) - North Korea's second missile test on Thursday signals it is serious about developing new, short-range weapons that could be used early and effectively in any war with South Korea and the United States, analysts studying images of the latest launches say.
STOCKHOLM (Reuters) - The Nordic region’s six major banks are joining forces to set up a customer checking center to crack down on money launderers, part of efforts to recover from a scandal that has shaken confidence in the finance industry.
Snap inspections at Iranian nuclear facilities jumped last year, underscoring the wide-reaching ability of international monitors to access potential sites that could feed clandestine research.
Iran’s nuclear capabilities have been the subject of global hand-wringing for more than two decades.
Malaysia’s state-owned investment fund, 1MDB, was supposed to promote development. Instead, it has spurred criminal and regulatory investigations around the world that have cast an unflattering spotlight on deal-making, election spending and political patronage under former Prime Minister Najib Razak. The figures are mind-boggling: Of the $8 billion that 1MDB raised via bond sales, the U.S.
Denmark’s financial institutions aren’t doing enough to ensure they are not used to launder money or finance terrorism, an extensive review by the country’s supervisor found.
TORONTO—Money laundering pushed house prices up roughly 5% in the Canadian province of British Columbia last year, according to government reports, highlighting the influence of a growing tide of dirty money on one of North America’s hottest real-estate markets and Canada’s economy.