Rep. Henry Cuellar criticized President Trump's recent trade tariffs, expressing concerns about uncertainty faced by businesses. He emphasized the importance of certainty in trade.
Standard Chartered Plc is facing a $2.7 billion lawsuit from liquidators alleging it played a role in enabling the laundering of billions of dollars misappropriated from Malaysian sovereign wealth fund 1MDB.
"On May 28, 2013, federal prosecutors charged seven individuals with operating Liberty Reserve, a significant money-laundering scheme, handling $6 billion for criminal activities worldwide."
Panama's government has approved safe passage for embattled former President Ricardo Martinelli to leave for Nicaragua, citing health concerns despite his conviction for money laundering.