According to the defendant Oliver Bellenhaus, managers at the Wirecard financial group always falsified the books precisely to deceive the auditors. That often happened in a rush, the key witness said today in the criminal proceedings in front of the Munich Regional Court, as reported […]
Day: January 11, 2023
US flight delays, cancellations grow after FAA system outage
Federal authorities halted plane departures within the United States for over two hours on Wednesday due to a problem with a system used by pilots, according to US authorities. The US Federal Aviation Administration (FAA) said Wednesday at 8:50am ET (12:50 GMT) that the “ground […]
Deadly ‘suicide’ blast outside Afghan foreign ministry in Kabul
At least 20 people have been killed after a suspected suicide bomber killed himself outside the foreign ministry in Kabul in the second major attack in the Afghan capital this year, according to a Taliban official. Ustad Fareedun, an official at the Taliban-run information ministry, […]
Ex-Liberian strongman seeks to overturn Swiss war crimes ruling
A Liberian man convicted of 22 counts of war crimes including rape, murder and an act of cannibalism is seeking to overturn the judgement at an appeal trial in Switzerland’s Federal Criminal Court, where he also faces new charges of crimes against humanity. Former strongman […]
Iranian-British citizen sentenced to death for spying on Iran
Iran’s Supreme Court sentenced an Iranian-British citizen to death on charges of spying for the United Kingdom. Alireza Akbari was given the death penalty for “corruption on Earth and for harming the country’s internal and external security by passing on intelligence”, Iran’s judicial news agency […]
Biden administration commends new assault weapon ban in Illinois
Illinois has become the ninth state in the United States to ban the sale of assault weapons, a move hailed by the administration of President Joe Biden, who called on other states to pass similar bans. Speaking to reporters on Wednesday, White House Press Secretary […]
FTX recovers $5bn but extent of losses still unknown
Crypto exchange FTX has recovered more than $5bn in liquid assets but the extent of customer losses in the collapse of the company founded by Sam Bankman-Fried is still unknown, a lawyer for the company has told a United States bankruptcy court. The company, which […]
Will California’s extreme storms offset its years-long drought?
Located on the West Coast of the United States, California — the country’s most populous state — has experienced a devastating, multiyear drought that has depleted reservoirs, forced officials to plead with residents to conserve water and constrained supplies to vital farmland. But over the […]
Global fashion brands exploiting Bangladesh workers: Study
Major international fashion brands, including Zara, HM and GAP, are exploiting Bangladesh garment industry workers, with some of them involved in unfair practices and paying the suppliers below the cost of production, according to a study published on Wednesday. The study that surveyed 1,000 Bangladeshi […]
Ronaldo ‘has no clause’ in contract to back Saudi World Cup bid
Saudi Arabian club Al Nassr is denying reports that Cristiano Ronaldo has a clause in his contract in which the Portuguese forward is to serve as an ambassador for the Gulf country’s 2030 World Cup bid. Ronaldo moved to Al Nassr last month after signing a 2.5-year […]