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Press Releases

Ex-undercover agent infiltrated Pablo Escobar’s drug cartel as a money launderer

Take a deep dive into the underworld of drugs and money laundering as this ex-undercover agent explains how he infiltrated the Medellin drug cartel.


EXCLUSIVE-Yemen slides closer to famine as frozen bank funds curb food imports

LONDON/ ABU DHABI, July 14- Many areas of Yemen are close to famine partly because importers are unable to buy new food stocks from abroad as over $200 million is stuck in banks due to the civil war disruption, trade and aid sources involved say. Western banks had already cut credit lines for traders shipping food to Yemen, fearing they would not be repaid due to the...

Source: Reuters

AIRSHOW-U.S. must speed up arms sale to show export reforms are real-Pentagon

FARNBOROUGH, England, July 11- The U.S. government must complete work on several specific foreign arms sales requests to demonstrate its efforts to accelerate the pace and predictability of the export process, the Pentagon's chief weapons buyer said. "We have taken a number of steps to improve the rate, speed, pace and predictability of our export control...

Source: Reuters

AIRSHOW-U.S. Air Force urges decision on delayed Mideast fighter jet sales

FARNBOROUGH, England, July 10- A top U.S. Air Force official on Sunday urged the U.S. government to speed up its consideration of long-standing bids by Qatar, Kuwait and Bahrain to buy U.S. fighter jets, citing growing frustration among the key U.S. allies in the Gulf about delays in the process. Air Force Deputy Undersecretary Heidi Grant said she was trying to...

Source: Reuters

US asks other nations to curb use of North Korean workers

The U.S. is asking other nations to cut the employment of North Korean workers to reduce Pyongyang's access to foreign currency, a U.S. official said.

Source: Reuters

MIDEAST MONEY-Statistics fog raises risk as cheap oil hits Gulf

*Bahrain stops publishing monthly monetary data. DUBAI, June 29- A sharp revision of economic data in Saudi Arabia suggests its economy may be weaker than previously thought, underlining the risks which investors in the Gulf face as they try to estimate the damage caused to the region by low oil prices. But this month, the statistics office posted new data revising...

Source: Reuters