UBS, the Swiss bank said that it will pay $985.6 million to settle a case over its role in helping wealthy clients evade taxes. UBS and former employees have been under investigation in France since 2013. UBA previously admitted that it helped Americans evase taxes and paid a $780 million settlement and...
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New study finds that when private equity buys a hospital more people die in the ER
By Jeffrey A. Newman Esq.
Researchers at Harvard Medical School, University of Chicago and University of Pittsburgh have conducted a major study which concludes that the profit seeking model of private equity companies that purchase hospitals raises the costs of health care and also has negative impacts on patient...
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Russian fighter jets enter airspace of Estonia, a NATO member
According to news reports, Russian MIG-31 entered Estonian airspace today September 19, 2025 for an unusually long period, some 12 miknutes. Estonia's foreign minister called the action "unprecendentedly brazen" intrusion of Estonia a NATO country. NATO responded calling the Russian behavior an example of recklessness.
10 days ago,...
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China’s advancing plans for a Northwest Passage polar shipping Silk Road
By Jeffrey A. Newman Esq.
China is advancing on ambitious plans to create a maritime Silk Road including shipping lanes and established ports. Some of the routes include transits through the Northwest Passage which Canada has territorial claims. China's plans are designed to create much faster alternatives to existing...
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State Department offers up to $15 Million for info leading to disruption of Iran’s oil sanction evasion network
By Jeffrey A. Newman Esq.
The U.S. State Department, under the āRewards for Justiceā program, has offered up to $15 million for information that leads to the disruption of Iranās oil sanctions evasion network and the financial mechanisms of the Islamic Revolutionary Guard...
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TSMC faces potential fine over $1 Billion for violating export control regs for selling chips to Chinese companies
By Jeffrey A. Newman Esq.
Taiwan Semiconductor Manufacturing Company may face a fine of up to $1 billion or more for violating U.S. export control laws against Huawei. The Bureau of Industry and Security has reportedly been investigating the chip company after one of its chips was found in...
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Canada re-tooling its global trade policies and considering partnering with China, including its electric car makers
By Jeffrey A. Newman Esq. MBA
Canada maybe re-thinking its global trade and domestic policies by considering support of partnerships with China's electric vehicle manufacturers and other Chinese manufacturers. Canada has an advantage in that it has an abunsdant suppkly of critical minerals suitable for electric vehicle battery production....
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Increasing cyberattacks on U.S. water systems by China and Russia pose serious dangers of disruption and contamination
A consistent and growing number of U.S. water systems have come under cyberattacks , targeting both large urban utilities and smaller rural ones, with perpetrators linked to Russia, China, Iand Iran. These pose serious dangers to essential services, including the risk of disrupting water treatment, contaminating supplies, damaging infrastructure, and undermining public...
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US and China running head to head in rare earth mineral searches in Latin America
By Jeffrey A. Newman Esq. MBA
The United States and China are competing heavily in searches for investments in rare earth minerals in Latin America since China when China choked off our supply of the minerals in April of this year. The U.S. has a need for the rare...
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Chinese cyberattacks may have stolen data from almost every American according to reports
According to the New York Times and officials, China has stolen sensitive information from almost every American and cyberattacks by China on American companies and systems has been substantially increasing. The Chinese hackers have infiltrated all major American telecommunications companies and that the stolen data could allow China's intelligece service to track...
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