CLUB22 USAF E-4B Nightwatch on ground at Wright-Patterson AFB from JBA depart
Indian AF IFC2621 C-17 Globemaster departing Dover AFB ne
South Korean Premier in Iran for Talks Over Frozen Oil Funds
South Korea’s prime minister arrived in Tehran for talks over $7 billion of Iranian funds trapped in his country by U.S. sanctions, with a successful outcome likely to be seen as a confidence-building measure between the Islamic Republic and world powers.
Chung Sye-Kyun’s two-day trip, the first by a South Korean premier in 44 years and the highest-ranking visit by a Korean official since 2016, comes two days after Iran said it had freed a South Korean-flagged tanker seized in January. Iranian officials linked the vessel’s capture to the funds, which have been inaccessible since then-President Donald Trump withdrew from the 2015 nuclear deal and reimposed sanctions on Tehran.
The U.S. and Iran, with the help of other signatories, are trying to find a way for the Biden administration to rejoin the accord and lift the penalties at talks in Vienna. Seoul is only expected to release some or all of the Iranian billions after a nod from Washington. Iran escalated its nuclear activity after the U.S. abandoned the 2015 deal, fueling regional tensions, and on Saturday started injecting uranium gas into new centrifuge machines at its Natanz facility. The plant was hit by a so far unexplained power outage on Sunday that raised suspicions of sabotage.
Iranian officials have said they’ve been unable to access the country’s oil revenues from exports to South Korea as no bank has been willing to handle the transactions for fear of contravening the sanctions. They have accused Seoul of bending before U.S. pressure in defiance of official exemptions for humanitarian goods.
https://www.bnnbloomberg.ca/south-korean-premier-in-iran-for-talks-over-frozen-oil-funds-1.1588807
Swiss watchdog asked Credit Suisse on Greensill risks
The head of Switzerland’s financial regulator FINMA questioned Credit Suisse over risks in its dealings with now-insolvent finance firm Greensill Capital “months” before the bank was forced to close $10 billion of funds liked to Greensill, Swiss newspaper SonntagsZeitung reported Sunday.
Alongside formal discussions on a technical level between the bank and FINMA, the watchdog’s head Mark Branson personally discussed the risks with outgoing Credit Suisse Chairman Urs Rohner and Chief Executive Thomas Gottstein during a meeting on an unspecified date, the paper reported, citing information it had obtained. FINMA declined to comment. Credit Suisse also declined to comment.
Switzerland’s second biggest bank has been reeling from its exposure to the collapse first of Greensill Capital and then Archegos Capital Management within the course of one month.
Credit Suisse’s asset management unit was last month forced to shut $10 billion of supply chain finance funds that invested in bonds issued by Greensill after the UK firm lost credit insurance coverage shortly before filing for insolvency. The bank has since suspended the funds’ managers and changed the head of its asset management unit.
Huge losses at U.S. investment fund Archegos this month also prompted Credit Suisse to replace its head of investment banking and of compliance and risk after it said it would book a $4.7 billion first-quarter charge from its exposure to the stricken firm. SonntagsZeitung on Sunday reported that Archegos founder Bill Hwang could have drawn up to $10 billion worth of credit from Credit Suisse, citing information from an internal source that the bank had assumed nine-fold leverage on the exposure.
Credit Suisse declined comment on the matter. A spokesman for Archegos did not immediately respond to a request for comment.
https://www.reuters.com/article/credit-suisse-gp-risks/update-1-swiss-watchdog-asked-credit-suisse-on-greensill-risks-sonntagszeitung-idUSL1N2M409N
#88
>>44878 d'oh
notables, not endorsements
>>44881 UK retailers join pubs and clubs in rejecting Covid-status certificates-guardian
>>44882, >>44883 Grenell group seeks to reshape California politics beyond recall: Californians want 'permanent change'-foxnews
>>44885 Peer-reviewed: “We find that students made little/no progress while learning from home”-soc media and pnas.org
>>44886, >>44887 Quick overview of the BIG evidence drop from yesterday - Michigan Case for Voter Fraud-several related vids about voting fraud
>>44888 World Doctors Alliance: "Chinese biological laboratory in Wuhan is owned by Glaxosmithkline, which (accidentally) owns Pfizer!...."
>>44889 Seed sovereignty activists hit back-soc. media
>>44892, >>44893, >>44901 pf reports
>>44894 South Korean Premier in Iran for Talks Over Frozen Oil Funds-bnnB'berg
>>44896 Dept. of Defense Law War manual .pdf
>>44898 Boris Johnson's Father Stanley Johnsons "literary works"
>>44899 Donald Trump attacks Mitch McConnell at fundraiser in Palm Beach this weekend-meetthepress via soc. media
>>44900 Iran atomic agency says nuclear facility hit by 'terrorist' act-afpnews
>>44902 Biden’s Infrastructure Bill Aims to End Single-Family Zoning-nationalreview.com
>>44903, >>44905 New Scavino twat plus Drop #1116
>>44906 United States threatens "consequences" if Russia acts "aggressively" towards Ukraine-disclosetv
>>44907 Swiss watchdog asked Credit Suisse on Greensill risks-reuters
#88
wut I habs...
>>44813, >>44715 pb
SAM185 USAF C-32A departed Santa Barbara Airport after an overnight es
BOXER40 USAF C-40C departed Phoenix, AZ Sky Harbor Int'l after an arrival on 0409
SAM002 USAF G5 departed MacDill AFB after a ground stop and on ground at Norfolk Int'l Airport
North Korea completes building new 3,000-ton submarine: report
South Korean and U.S. intelligence authorities believe North Korea is ready to roll out a new 3,000-ton submarine, only waiting for the right timing, Yonhap News Agency reported Sunday, citing sources.
It said the intelligence authorities have determined that the 3,000-ton submarine, unveiled in July 2019, can carry three submarine-launched ballistic missiles, or SLBMs. "The authorities assess that North Korea is reviewing the right timing to roll out the submarine for a strategic effect, including maximizing pressure against the United States," a source was quoted as saying. The source added that the North could reveal the submarine at a launching ceremony and actually roll out an SLBM such as the Pukguksong-3.
The assessment comes after a U.S. think tank said the North has moved a submersible missile test barge at its missile test site to a different position, possibly indicating an upcoming SLBM test. On March 26, 38 North, a U.S. website monitoring North Korea, reported that commercial satellite imagery of the Sinpho South Shipyard on the North's east coast indicates that a floating dry dock, normally moored at a nearby pier, has recently been repositioned alongside the construction hall's submarine-launch quay.
It said the move could indicate that the North's new ballistic missile submarine "may be nearing completion or is ready to be rolled out and launched in the near future." The new submarine is believed to be a modified Romeo-class based on North Korean media reporting of Kim Jong Un's site visit in July 2019 to the construction hall to inspect work on it. The submarine is said to be about 80 meters long and 7 meters wide.
According to Yonhap, North Korea is also believed to have been developing a larger-sized submarine that is expected to be equipped with new SLBMs.
https://english.kyodonews.net/news/2021/04/743408a2d4ad-n-korea-completes-building-new-3000-ton-submarine-report.html
Italian AF IAM3135 Airbus A319 on final approach at JBA from Rome, Ciampino Airport