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March 25, 2017

Brexit talks will fail without compromise: José Manuel Barroso

Former European commission president says constructive negotiations between EU and UK leaders are needed to reach a deal

Brexit negotiations are on course to fail unless both Britain and the European Union ditch their winner-takes-all approach to the coming talks, the former president of the European commission José Manuel Barroso has said.

With just days to go before Theresa May formally notifies Brussels of the UK’s intention to leave the EU, Jean-Claude Juncker’s predecessor said the two sides were playing a dangerous game.

 
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March 21, 2017

Bank that lent $300m to Trump linked to Russian money laundering scam

Deutsche Bank among western institutions that processed billions of dollars in cash of ‘criminal origin’ through Latvia

The German bank that loaned $300m (£260m) to Donald Trump played a prominent role in a money laundering scandal run by Russian criminals with ties to the Kremlin, the Guardian can reveal.

Deutsche Bank is one of dozens of western financial institutions that processed at least $20bn – and possibly more – in money of “criminal origin” from Russia.

 
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February 16, 2017

Deutsche Bank examined Trump’s account for Russia links

Bank looked for evidence of whether loans to president were underpinned by guarantees from Moscow, Guardian learns

The scandal-hit bank that loaned hundreds of millions of dollars to Donald Trump has conducted a close internal examination of the US president’s personal account to gauge whether there are any suspicious connections to Russia, the Guardian has learned.

Deutsche Bank, which is under investigation by the US Department of Justice and is facing intense regulatory scrutiny, was looking for evidence of whether recent loans to Trump, which were struck in highly unusual circumstances, may have been underpinned by financial guarantees [...]

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December 6, 2016

Trump: Boeing should lose Air Force One contract over ‘out of control’ cost

Boeing share price briefly plummets after president-elect claims project is costing $4bn: ‘I think Boeing is doing a little bit of a number’

Donald Trump has called for Boeing to lose its contract to build Air Force One, the president’s private airplane, citing what he claimed was a $4bn price tag.

“Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!” the president-elect wrote on Twitter.

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