Tag

International Standing

All articles tagged with #international standing

finance1 year ago•2 min saved

UAE Successfully Removed from Global Money Laundering Watchlists

The United Arab Emirates has been removed from the Financial Action Task Force's 'grey list' of countries at risk of illicit money flows, marking a significant win for the nation and potentially bolstering its international standing. The move follows the UAE's efforts to strengthen its anti-money laundering measures, including increased financial investigations and prosecutions, international cooperation, and alignment of virtual asset regulation with international standards. While this delisting is seen as a positive development for the UAE, it contrasts with the European Union's assessment, which still considers the UAE a high-risk country for money laundering and terrorist financing.

via Reuters|

#anti-money-laundering-efforts #finance #financial-action-task-force

politics2 years ago•4 min saved

Macron's Germany Trip Cancelled as French Riots Escalate

The riots in France following the police killing of a teenager pose a significant crisis for President Emmanuel Macron, jeopardizing his domestic and international standing. The violence has forced him to cancel a state visit to Germany and cut short his attendance at an EU summit. Macron's second term risks being marked by troubleshooting rather than implementing policy, as he faces ongoing tensions, violence, and crises. The riots highlight the delicate balance Macron must strike in addressing public anger while maintaining order, as he seeks to prevent far-right figurehead Marine Le Pen from gaining power in the 2027 elections.

via Barron's|

#crisis #emmanuel-macron #french-riots

international-relations2 years ago•3 min saved

Chinese envoy's 'peace' mission in Ukraine criticized as 'self-serving' as they head to Russia.

China's special representative on Eurasian affairs, Li Hui, is set to meet with top Kremlin officials in Moscow to discuss ending the war in Ukraine, though Western officials remain dubious when it comes to Beijing's neutrality in the matter. China has come under international scrutiny for its refusal to condemn Russia's illegal invasion of Ukraine that began more than 15 months ago. Experts argue that Beijing doesn't necessarily have a vested interest in ending the war, but rather it is instead looking to improve its own international standing.

via Fox News|

#china #international-relations #international-standing