The firm agreed to pay $4.14m to settle allegations that a Turkish subsidiary sold cutting tools to be resold in Iran. ( read original story ...)
Berkshire pays $4.1m fine over Iran sanctions violation claims
Warren Buffett’s Berkshire Hathaway agreed to pay $4.1m to the Treasury to settle alleged violations of US sanctions against Iran, in a rare penalty for the sprawling $500bn conglomerate. A Turkish ... ( read original story ...)
Iran breaks its record for most new virus cases in one day
Iran on Tuesday reported its highest single-day toll of new coronavirus cases since the start of the pandemic with more than 5,000 new infections, as the country struggles to cope with a surge in ... ( read original story ...)
Flooding, landslides plague Vietnam as Tropical Storm Saudel makes landfall in the Philippines
Parts of Vietnam are still reeling from an onslaught of tropical systems in recent weeks that have worsened ongoing flooding in the country. Now, AccuWeather meteorologists say another storm may ... ( read original story ...)
Angst and Denial in India as It’s Now Officially Poorer Than Bangladesh
Once dirt-poor Bangladesh just surpassed India in GDP per capita. All the more reason for Modi to focus on the right reforms. ( read original story ...)
Pakistan’s ingenious solutions to life
Long before “hacks” entered the common lexicon, people across the subcontinent used condensed nuggets of ancestral wisdom to solve everyday problems. ( read original story ...)
Modi Warns India to Keep Its Guard Up as Hindu Festival Season Nears
Prime Minister Narendra Modi told his nation that the coronavirus situation in India was stable, but that “we must not let it deteriorate.” ... ( read original story ...)
China’s billionaires see biggest gains ever, adding more than $1.5 trillion to their fortunes
China minted 257 billionaires over the past year, bringing the total to 878, according to the Hurun Rich List 2020, which tracks wealth in China. ( read original story ...)
Indonesia, Japan seek stronger security, economic ties in China’s shadow
Japan and Indonesia agreed on Tuesday to speed up talks on the export of Japanese defence gear and technology to Indonesia and to have their defence and foreign ministers meet soon, reflecting concern ... ( read original story ...)
China looks to grow political and economic influence across Africa
China has invested hundreds of billions of dollars in Africa. Many scholars believe Beijing is doing this to gain political leverage and influence in the region. Grant Harris, the CEO of Connect ... ( read original story ...)