A SPECIAL DAY TOMORROW – 12TH SEPTEMBER 2020.


United States: Huawei facing more US sanctions to stop access to chip technology


via United States: Huawei facing more US sanctions to stop access to chip technology

Ethical Alliance Daily News

United States: Huawei facing more US sanctions to stop access to chip technology
Aug 19, 2020 06:00 pm
The US is to increase restrictions on Huawei to try to cut off all access to American technology for the Chinese company. Huawei’s access to US components and technology, including Google’s music and other smartphone services, was cut off last year. Those penalties were tightened in May when the White
Read More  

Malaysia: 1MDB: Goldman Sachs finalises $3.9bn settlement with Malaysia
Aug 19, 2020 05:30 pm
Goldman Sachs Group Inc. and Malaysia signed an agreement to finalize the bank’s $3.9 billion settlement over the 1MDB scandal. The U.S. bank, which had announced an agreement in principle on July 24, confirmed the formal accord in a regulatory filing late Tuesday in New York. The firm must make
Read More  

United States: United States partners with Panama on money laundering task force
Aug 19, 2020 05:00 pm
The United States will bolster Panama’s ability to crack down on money laundering and other acts of graft, the U.S. embassy in the Central American nation announced on Monday following high-level meetings between officials from both countries. The new anti-money laundering task force will involve training for Panamanian prosecutors and
Read More  

Russia: Council of Europe Urges Russia to Up Anti-Corruption Efforts
Aug 19, 2020 04:30 pm
The Council of Europe’s anti-corruption council on Tuesday urged Russia to boost efforts against graft among members of its parliament, judges, and prosecutors. The European rights watchdog’s GRECO anti-corruption body said there had been some progress, but “work is still needed.” “The transparency of the legislative process still needs strengthening,
Read More  

Malaysia: Rosmah trial: Defence accuses witness of contradictory testimony, seeks MACC statements
Aug 19, 2020 04:00 pm
Lawyers for Datin Seri Rosmah Mansor accused a key witness in her corruption trial today of providing testimony conflicting with previous statements. Defence counsel Datuk Akberdin Abdull Kader expressed suspicion that Jepak Holdings Sdn Bhd former managing director Saidi Abang Samsudin’s court testimony contradicted the statement he gave to Malaysian
Read More  

China: Shanghai police chief under investigation as anti-corruption campaign targets security services
Aug 19, 2020 03:30 pm
Shanghai’s police chief has been placed under investigation by anti-corruption investigators amid a major purge targeting corruption and political disloyalty in China’s massive security apparatus. Gong Daoan, Shanghai’s police chief since 2017, is suspected of “serious violations of discipline and the law” and has been placed under investigation, according to
Read More  

Join the conversation, follow us:
LinkedIn
Twitter
Facebook
Copyright © 2020 Ethical Alliance, by ethiXbase, All rights reserved.
You are receiving this email because you opted in to the Ethical Alliance Daily.

Our mailing address is:
Ethical Alliance by ethiXbase
151 Chin Swee Road
#02-20 Manhattan House
Singapore 169876
Singapore

Amazon CEO Says His Company “Will Go Bankrupt”…


via Amazon CEO Says His Company “Will Go Bankrupt”…

Amazon CEO Says His Company “Will Go Bankrupt”…

By: Laila Husain

Line of boxes in a distribution center

Jeff Bezos just shocked Amazon investors to the core with this dire statement:

“I predict one day, Amazon will fail.”

In a recent interview, Bezos explained that he believes “Amazon will be disrupted one day” and eventually “will go bankrupt.”

What might be even more alarming is that Bezos has been dumping roughly $1 billion worth of Amazon stock every year…

But Bezos isn’t just cashing out, he’s reinvesting his money into a company utilizing a fast-emerging technology that he believes will “improve every business.”

What most people don’t know… is that there is a tiny component powering this tech revolution… a component that Amazon doesn’t produce in-house.

That’s because another company (less than 1/6th the size of Amazon)…is producing a component so powerful that it is absolutely annihilating the competition.

He’s not alone in seeing it this way…

  • A Shark Tank billionaire says it will create the world’s first trillionaire
  • Elon Musk is contributing to a $1 billion investment in this technology
  • Even super-investor Warren Buffett says that it’s “enormously disruptive” and will have a “hugely beneficial social effect”

So what is it about this technology that has some of the most successful investors in the world pouring fortunes into it?

They see it as a massive investing opportunity – much bigger than Amazon, Tesla, and Berkshire Hathaway combined.

You see, even though these billionaires have been openly talking about this technology to anyone who will listen, most ordinary Americans still don’t know how to get in on the action and invest in what could be the investment opportunity of a lifetime!

Namely, some market researchers believe this technology could potentially be worth up to $19 TRILLION!

With numbers like that, and with so many of the richest investors and entrepreneurs in the world racing to get in on this new technology… you can see why paying attention could really pay off.

But we believe the biggest returns are yet to come.

Which is why I don’t feel like I’m very far out on a limb with this “bold” prediction:

Five years from now, you’ll probably wish you’d bought this stock.

And the good news is that you can find out all about this company and this incredible technology today.

What I’ve told you so far is just the tip of the iceberg…

So, to help regular Americans like you understand how to take advantage of this emerging trend, The Motley Fool’s team of investment analysts has laid out the full story on this incredible tech trend in a brand-new, FREE report.

And trust me… you are going to want to see this report before you invest $1 on any tech company.

You see, we’ve laid out the full story on this “powerful trend” in an exclusive report – but you’ll need to act quickly…

Because according to our analysts, this next-gen tech revolution looks like it’s about to take off, and I think you’ll want to get in on this before that happens.

This technology could hit the mainstream at any time.

United States: Justice Department Issues Rare FCPA Opinion Letter


via United States: Justice Department Issues Rare FCPA Opinion Letter

Ethical Alliance Daily News

United States: Justice Department Issues Rare FCPA Opinion Letter
Aug 18, 2020 06:00 pm
The U.S. Justice Department issued a rare Foreign Corrupt Practices Act opinion letter, saying it doesn’t intend to bring an enforcement action against a U.S.-based investment adviser for a fee the company planned to pay to a foreign government entity for services. The letter, issued by the department in response
Read More  

Mexico: Piles of cash in viral video stoke bribery scandal in Mexico
Aug 18, 2020 05:30 pm
An unverified video showing piles of cash being handed to Mexican congressional staffers went viral on Monday, fuelling a corruption scandal that is already convulsing the country even as the clip’s source and context remain unclear. President Andres Manuel Lopez Obrador, who has made combating graft his top issue, earlier
Read More  

United Kingdom: Purplebricks fined after money-laundering breach
Aug 18, 2020 05:00 pm
The online estate agency Purplebricks has been fined more than £260,000 for breaching laws on money laundering. HM Revenue & Customs said that it had been guilty of “failures in having the correct policies, controls, and procedures, conducting due diligence and timing of verification”. It cannot appeal. Under 2017 money-laundering
Read More  

Malaysia: MACC detains 11 for alleged bribery over ship repair project
Aug 18, 2020 04:30 pm
Eleven individuals, including a former operations unit chief of a ship engineering company, were remanded for alleged involvement in a bribery case amounting to RM750,000. They are alleged to have committed the graft in relation to a ship repair project from 2015 to 2019. Magistrate Mohd Zulhilmi Ibrahim granted the
Read More  

United States: FBI arrests Puerto Rico lawmaker, family in corruption probe
Aug 18, 2020 04:00 pm
FBI agents on Monday arrested Puerto Rico Rep. María Milagros Charbonier after the legislator who once presided over the island’s House Ethics Committee was charged in a public corruption case that officials say also involved her son, husband, and an assistant. U.S. Attorney Stephen Muldrow said it was a simple
Read More  

Israel: Police recommend Kiryat Motzkin mayor stand trial for bribery
Aug 18, 2020 03:30 pm
Police on Monday recommended that Haim Tzuri, the mayor of Kiryat Motzkin in northern Israel, be put on trial on a series of corruption charges. Officers say they have gathered evidence indicating that Tzuri and some of his associates took bribes, committed fraud and breach of trust, and obstructed justice, as well
Read More  

Join the conversation, follow us:
LinkedIn
Twitter
Facebook
Copyright © 2020 Ethical Alliance, by ethiXbase, All rights reserved.
You are receiving this email because you opted in to the Ethical Alliance Daily.

Our mailing address is:
Ethical Alliance by ethiXbase
151 Chin Swee Road
#02-20 Manhattan House
Singapore 169876
Singapore