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European Commission President Ursula von der Leyen: We must ensure that the future is controlled and shaped by the Iranian people. At the same time, this moment also carries a real risk of instability, potentially pushing the region into a vortex of violence.European Commission President Ursula von der Leyen: With Khameneis death, the Iranian people have rekindled their hope.March 1 - OPEC+ representatives stated that OPEC+ has agreed in principle to increase oil production next month, as the potential conflict triggered by the US-Israeli attack on Iran could drive oil prices further up. Major OPEC+ members (who had previously suspended a series of production increases in the first quarter) will increase production by 206,000 barrels per day in April.March 1 – A small oil tanker under US sanctions for assisting Irans fuel exports was attacked off the northern coast of Oman. This is the first maritime attack since the outbreak of conflict in the Middle East on Saturday. According to Omans maritime security authorities, the tanker "Skylight" was attacked in an area north of the port of al-Haysab. Two ships with the name "Skylight" exist, but only one was present near the Omani coast. The ship was placed on the US sanctions list last year for its role in facilitating Iranian oil exports. Omani authorities stated that the 20 crew members were evacuated, and four were injured. It is unclear who attacked the Skylight off the Omani coast. US Central Command did not immediately respond to requests for comment.The UK Foreign Office has advised issuing warnings for all non-essential travel to Bahrain, Kuwait, Qatar and the UAE.

Crown Resorts in Australia Will Face Disciplinary Action

Charlie Brooks

Apr 06, 2022 09:50

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Crown stated in a statement on Wednesday that it would cooperate completely with the VGCCC on the findings of the royal commission report.


Crown's shares fell 0.5 percent in early trade.


According to the Royal Commission into Casino Operators and Licensing (RCCOL), the China Union Pay process involved the use of the China Union Pay bank card from 2012 to 2016 to "allow international patrons to access funds in order to gamble at Crown Melbourne," circumventing Chinese currency restrictions.


The RCCOL discovered that "Chinese clients were aided in moving up to A$160 million in money unlawfully."


"As a starting step, we are acting on the Royal Commission's conclusions that Crown's China Union Pay scheme violated critical Victorian regulatory requirements, was unlawful, and represented significant misconduct," VGCCC Chair Fran Thorn stated, indicating that more action would follow.


Crown was found ineligible to maintain a gaming license in Melbourne in October, but was permitted to operate its highest-earning casino under monitoring.