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According to the Financial Times, Federal Reserve Governor Musaleem said he favors raising interest rates.According to Tasnim News Agency, a senior Iranian security official stated that Iran considers the potential US and Israeli plans to attack Iranian infrastructure to be a reckless act. Iran has developed a comprehensive plan that includes targeting critical Israeli infrastructure, as well as US energy infrastructure in the region.August 1st - According to Nikkei, the yen strengthened rapidly against the dollar in the New York foreign exchange market on the 31st, rising to around 157 yen to the dollar at one point. This marked the second consecutive day that the Japanese government and the Bank of Japan intervened in the exchange rate by buying yen, following interventions on the 30th.Google (GOOG.O): Gemini Spark is rolling out to Google AI Pro users outside the United States.August 1st - According to CBS News, citing multiple sources, the United States and Israel are planning "one of the most intense bombing campaigns to date" against Iranian energy infrastructure, potentially targeting power plants and oil refineries, with the operation possibly lasting throughout the weekend. Sources say Israel has been notified and is coordinating with the US, but Trump has not yet issued final approval. The report notes that the plan was proposed at Trumps cabinet meeting at Camp David on Friday, and some White House political aides strongly opposed it, fearing the operation could impact the US and global economy. Trump stated, "Were going to hit them very hard." The US has also discussed cutting off Tehrans power supply, but no decision has been made. Previously, Trump stated that for every attack on ships in the Strait of Hormuz, the US would bomb an Iranian bridge or power plant. If this operation is carried out, it would mean Israel has resumed military operations that were previously suspended due to a US-mediated ceasefire.

U.S. Charges Two Europeans Over North Korea Crypto Conspiracy Involving an American

Cameron Murphy

Apr 26, 2022 09:44


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Two Europeans were indicted by the US Department of Justice on Monday for allegedly plotting with a recently convicted American cryptocurrency researcher to assist North Korea circumvent US sanctions.


Alejandro Cao de Benos of Spain, who created a pro-North Korean affinity group, and Christopher Emms of the United Kingdom, a cryptocurrency merchant, were accused of unlawfully employing North Korean researcher Virgil Griffith to give cryptocurrency and blockchain technology services.


Both defendants are still on the loose. Lawyers for both parties could not be found right away.


Cao de Benos and Emms allegedly planned for Griffith, who has a degree from the California Institute of Technology, to fly to Pyongyang, North Korea, through China in April 2019 to attend the Pyongyang Blockchain and Cryptocurrency Conference, according to prosecutors.


Emms and Griffith reportedly instructed officials of North Korea's leadership and other conference participants how to avoid sanctions and launder money using cutting-edge blockchain and cryptocurrency technologies.


According to U.S. Attorney Damian Williams in Manhattan, the directive was given "all for the purpose of violating U.S. sanctions aimed to impede North Korea's hostile nuclear goals" and defend American security interests.


Cao de Benos formed the Korean Friendship Association, which aims to "present the truth" of North Korea and aid in the peaceful unification of the Korean peninsula, according to its website.


Cao de Benos reportedly chastised Griffith in two emails in June 2019 after finding that Griffith had discussed his trip with the US embassy, according to the accusation.


"You might be fined or even imprisoned!" As a result, we never told anybody or made the [attendees] public," Cao de Benos wrote. "Please realize that your authorization to enter the DPRK was unusual, and it was granted on the basis of my personal assurance (since I trust Chris, and he trusts you)."


If convicted, Cao de Benos, 47, and Emms, 30, each face up to 20 years in jail.


Griffith pleaded guilty to a conspiracy charge and was sentenced to 5-1/4 years in prison on April 12.

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