By Francesco Guarascio STRASBOURG (Reuters) - The European Commission added Saudi Arabia, Panama and four U.S. territories to a blacklist of nations it considers a threat because of lax controls on terrorism financing and money laundering, the EU executive said on Wednesday. The move is part of a crackdown on money laundering after several scandals at EU banks, but it has been criticised by several EU countries, including Britain, that are worried about their economic relations with the listed states, notably Saudi Arabia. The United States has also disapproved. The Saudi government said it regretted the decision in a statement published by the Saudi Press Agency, adding: "Saudi Arabia's commitment to combating money laundering and the financing of terrorism is a strategic priority". Panama said it should be removed from the list because it recently adopted stronger rules against money laundering. Despite pressure to exclude Riyadh from the list, the commission decided to list the … [Read more...] about EU adds Saudi Arabia to dirty-money blacklist, upsets UK, U.S.
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By Julian Gill Published 10:32 am CST, Monday, February 11, 2019 PHOTOS: Two Houston-area fathers die in crash overseas Two Houston-area fathers died in a car crash in the U.S. Virgin Islands, where they had been working as contractors at an oil refinery.>>> See more photos from their families less PHOTOS: Two Houston-area fathers die in crash overseas Two Houston-area fathers died in a car crash in the U.S. Virgin Islands, where they had been working as contractors at an oil refinery. >>> See ... more Photo: Facebook Photo: Facebook Image 1 of / 9 Caption Close Image 1 of 9 PHOTOS: Two Houston-area fathers die in crash overseas Two Houston-area fathers died in a car crash in the U.S. Virgin Islands, where they had been working as … [Read more...] about Two Houston-area fathers die in car crash in U.S. Virgin Islands while working refinery job
One of the biggest hassles of traveling internationally is having to exchange money. But the U.S. dollar (USD) is widely accepted in many countries, both officially and unofficially. Some nations have adopted our currency as their own while others use dollars in addition to their own accepted legal tender. Plagued by hyperinflation, Zimbabwe ditched its currency in April 2009. (Customers got tired of trying to break 100 trillion-dollar bills.). And while South African rands, Botswana pulas, Chinese yuans and British pounds all used, prices are marked in dollars in the capital city of Harare.As U.S. territories, Puerto Rico, Guam, the U.S. Virgin Islands, American Samoa and the Northern Mariana Islands all use the U.S. dollar as their official tender. But so do two British Overseas Territories—Turks and Caicos and the British Virgin Islands.Some countries have pegged their currency to the dollar at a set ratio, a process called "dollarization": Barbados has permanently … [Read more...] about 27 Countries That Accept U.S. Dollars as Currency
The landscapes that comprise America’s national park system are experiencing climate change with a special intensity — warming about twice as fast as the country overall, while experiencing a fourfold greater precipitation decline. These trends, according to a paper just published in the journal Environmental Health Letters, point to rising pressures, even potential extinction, for plants and animals the parks were established in part to conserve. Not to mention the potential loss of such namesake features as the ice sheets of Glacier, or the huge, extraterrestrial-looking yuccas of Joshua Tree. Climate change may also necessitate a rapid, expensive shift in management approach to head off certain impacts — an undertaking that, even if it overcame resistance from the Trump White House, would likely tee up a big fight over whether to mitigate this human impact or just “let nature take its course.” The new paper is hardly the first to discuss impacts that … [Read more...] about Climate has national parks heating up, drying out faster than the rest of U.S.
WASHINGTON (Reuters) - U.S. House of Representatives Democratic Leader Nancy Pelosi on Friday warned the Trump administration that the NAFTA trade agreement should be maintained as a trilateral pact between the United States, Mexico and Canada and not just a U.S.-Mexico arrangement. FILE PHOTO: House Minority Leader Nancy Pelosi (D-CA) speaks during a press conference in Washington, U.S., on June 22, 2018. REUTERS/Toya Sarno Jordan Whatever deal ultimately is reached in negotiations will be reviewed by the next Congress that convenes in January. Pelosi could be the speaker of the House if Democrats win this November’s congressional midterm elections. The House speaker sets the legislative agenda and often has the political muscle to assure passage or defeat of initiatives. “I think it should be trilateral,” Pelosi told reporters, adding that she did not think it would be “in the interest of this hemisphere” to turn the North American Free … [Read more...] about U.S. House Democratic leader says NAFTA should remain trilateral