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  • Excerpt From Speech By US Deputy Secretary Of The Treasury Wally Adeyemo At The Council On Foreign Relations On International Sanctions On Russia

    Date 18/02/2023

    One year on, our economic tools are constraining Russia. Our sanctions and export controls—implemented in partnership with the Department of Commerce—have degraded Russia’s ability to replace more than 9,000 pieces of military equipment lost since the start of the war, forced production shutdowns at key defense-industrial facilities, and caused shortages of essential components for tanks, aircraft, and submarines. Russia is running out of serviceable munitions and has probably lost as much as 50 percent of its supply of tanks. While the U.S. and our allies have provided Ukraine with state-of-the-art military equipment like M1 Abrams tanks, Russia has been forced to turn to mothballed Soviet-era equipment. Going forward, our export controls will continue to prevent Russia from accessing the equipment and parts needed to make up for these losses, and our economic and financial sanctions will make it harder for Putin to use the resources Russia can access to pay for new weapons.

  • US Office Of The Comptroller Of The Currency Releases CRA Evaluations For 36 National Banks And Federal Savings Associations

    Date 17/02/2023

    The Office of the Comptroller of the Currency (OCC) today released a list of additional Community Reinvestment Act (CRA) performance evaluations that became public during the period of September 1, 2022, through November 30, 2022. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The possible ratings are outstanding, satisfactory, needs to improve, and substantial noncompliance.

  • Robinhood Markets, Inc. Reports January 2023 Operating Data

    Date 17/02/2023

    Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported selected monthly operating data for January 2023:

  • Deutsche Börse: Replacements For Linde In DAX And STOXX Indices Announced

    Date 17/02/2023

    Qontigo’s global index provider STOXX Ltd. has announced extraordinary component changes in the DAX and STOXX indices. As made public on 19 January, Linde plc will be deleted from the DAX index and several STOXX indices.

  • US Department Of Justice: Senior Oil And Gas Trader And Brazil-Based Intermediary Charged In Bribery And Money Laundering Scheme

    Date 17/02/2023

    An indictment was unsealed today in the District of Connecticut charging a Connecticut man and a foreign national with conspiracy, multiple counts of violating the Foreign Corrupt Practices Act (FCPA), and money laundering in connection with an alleged scheme to pay bribes to Brazilian officials to win contracts with Brazil’s state-owned and state-controlled energy company, Petróleo Brasileiro S.A. – Petrobras (Petrobras).