A Florida lobbying firm has been hired by a Turkish government-controlled bank implicated in a major Iranian money laundering scheme by the U.S. Justice Department. (Daily Caller)
Gerhard Schröder is pressing on with plans to join the board of Rosneft, despite mounting criticism. (AP)
China is rolling back Western global influence through a strategy of multilateralism “built on transactional principles very different from the type of global order the United States and other Western economies have championed,” says Eswar Prasad… On the other hand, this approach has delivered Beijing “a history of misadventures stretching back at least a decade” in Nigeria, says David Fickling. (NYT, Bloomberg)
After backroom deals, a close friend of a Putin associate now controls 40 percent of Ukraine’s LPG imports, according to Sergii Leshchenko. (Kyiv Post)
Troubles are mounting for Commonwealth Bank of Australia, which faces international scrutiny and billion-dollar fines over offshore transactions and money laundering. (Reuters)
Compiled by Nate Sibley.
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