AFP
19848 articles published since 08 Mar 2022
19848 articles published since 08 Mar 2022
Twenty-seven people are set to go on trial on Monday for money laundering in connection with the "Panama Papers" tax evasion scandal, which revealed how many of the world's wealthy stashed assets in offshore companies. The fact that part of its laws against money laundering did not exist when the Panama Papers revelations emerged could complicate efforts by the judiciary to achieve convictions.
A Supreme Court judge in Brazil ordered an investigation Sunday of Elon Musk after the mogul criticized the magistrate and accused him of censorship for blocking social media accounts suspected of spreading disinformation. The judge said "the social network X must refrain from disobeying judicial orders, including by reactivating an account that the Supreme Court ordered blocked."
Despite the recent cancellation of a next-generation US nuclear plant, backers of the carbon-free power source remain hopeful new projects will come on line by the end of the decade. Another project in development is by Ultra Safe Nuclear Corporation, which has selected Gadsden, Alabama for its Micro-Modular Reactor (MMR) assembly plant, which is supposed to go on line in 2027.
As top brands like Gucci and Prada prepare to report billions in sales this month, luxury fakes on the streets of Naples are also yielding a jaw-dropping cash stream -- for the mafia. Top brands spend millions to fight counterfeiting.
Influencers utilize AI to boost their content amid increasing competition from AI-generated accounts. Meta will label AI content as "Made with AI" from May.
US Treasury Secretary Janet Yellen and Chinese Premier Li Qiang sounded a hopeful note on bilateral relations at the start of their Sunday meeting in Beijing. While in Beijing, Yellen will also meet with the city's mayor Yin Yong and Chinese Finance Minister Lan Fo'an on Sunday.
Donald Trump is holding a major fundraising event in Florida on Saturday, hoping to lay down a new marker in a swaggering, high-stakes race for large donations with Joe Biden. Trump, 77, will attempt to raise nearly twice as much at the Florida fundraiser on Saturday evening -- between $43 and $50 million, according to US media.
A fjord in the east of Denmark received last rites on Saturday from a group of local activists in an effort to draw attention to the poor health of the country's coastal waters. A report in 2022 by the University of Southern Denmark concluded the 22-kilometre (14-mile) fjord was in a "poor environmental condition" because of high levels of nitrogen run-off from fertiliser use on farms.
A diamond-covered edition of Truman Capote's seminal novel "Breakfast at Tiffany's" is on sale for $1.5 million to mark the centenary of the author's birth. And while the artist admits the $1.5 million price tag "sits uncomfortably" -- she believes the book can be displayed rather than sit "in a box on a shelf."
AFP
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