Anonymous ID: 2d6244 March 7, 2022, 4:23 p.m. No.15807860   🗄️.is đź”—kun   >>8213 >>8345 >>8485 >>8544

Russian Sovcomflot Tankers Find Sanctions Refuge in the Bahamas

Reuters March 7, 2022

By Marianna Parraga

 

HOUSTON, March 7 (Reuters) – At least three tankers controlled by Russian maritime powerhouse Sovcomflot that have been unable to deliver their cargoes due to Western sanctions have re-routed to the Bahamas, vessel tracking data showed on Monday.

 

Russian state-owned Sovcomflot was blacklisted by the United States last month over Moscow’s invasion of Ukraine. Britain and Canada also banned vessels flagged, operated or owned by Russia from docking at their ports.

 

Sovcomflot oil and refined products tankers SCF Don, SCF Neva and SCF Ussuri since the weekend signaled the Bahamas as their destination, after rerouting from other nations, according to Refinitiv Eikon tracking data.

 

It showed that some of the vessels have begun discharging off the Caribbean nation through ship-to-ship transfers – a move by some receiving companies to avoid direct dealings with Russia-related assets at terminals, an insurance industry source said.

 

Bahamian Minister of Foreign Affairs Fred Mitchell on Monday said the country has not made a formal decision over sanctions.

 

“It’s an evolving story. I will brief the parliamentary group this evening and will brief the Cabinet in the morning,” he said on the sidelines of an event in Nassau.

 

Bahamian Attorney General Ryan Pinder declined to comment.

 

The United States has not yet imposed a wider ban on other Russian tanker operators, but has said it is considering energy sanctions as it continues putting pressure on Russia’s economy.

 

https://gcaptain.com/russian-sovcomflot-tankers-sanctions-refuge-bahamas/

Anonymous ID: 2d6244 March 7, 2022, 4:59 p.m. No.15808103   🗄️.is đź”—kun

>>15808009

 

The Board of Governors, the highest decision-making body of the IMF, consists of one governor and one alternate governor for each member country. The governor is appointed by the member country and is usually the minister of finance or the governor of the central bank. All powers of the IMF are vested in the Board of Governors. The Board of Governors may delegate to the Executive Board all except certain reserved powers. The Board of Governors normally meets once a year.

 

The table below shows quota and voting shares for IMF members. Following the entry into force of the Board Reform Amendment on January 26, 2016, members who have consented to their quota increases can pay their quota increases under the 14th General Review of Quotas. Quota and voting shares will change as members pay their quota increases. During this process, this table will be updated regularly (see here for more details on the Quota and Governance reforms agreed in 2010.)

 

https://www.imf.org/en/About/executive-board/members-quotas

Anonymous ID: 2d6244 March 7, 2022, 5:30 p.m. No.15808284   🗄️.is đź”—kun   >>8391 >>8471 >>8485 >>8544

>>15808252

Who We Are

 

Mallinckrodt Pharmaceuticals is a multibillion dollar specialty pharmaceutical company focused on our mission: Managing Complexity. Improving Lives. We provide medicines to address unmet patient needs, stemming from 150 years of using our unique strengths, experience and expertise to help improve people’s lives. Discover how our rich history of innovation and patient-centered solutions has helped influence our vision for the future.

Fact sheet chart icon

 

https://www.mallinckrodt.com/about/

 

Drugmaker Mallinckrodt reaches $1.6B opioid settlement

by: GEOFF MULVIHILL, Associated Press

Posted: Feb 25, 2020 / 08:53 AM CST

Updated: Feb 25, 2020 / 12:46 PM CST

 

The generic drugmaker Mallinckrodt has a tentative $1.6 billion deal to settle lawsuits over its role in the U.S. opioid crisis, it announced Tuesday.

 

The deal is intended to end hundreds of lawsuits faced by the company over opioids.

 

The company said that it had an agreement with a key committee of lawyers representing thousands of local governments suing various drug industry players over opioids — and that the deal has the support of the attorneys general of 47 states and territories.

 

The company, based in Staines-Upon-Thames, England, was one of the highest-volume opioid producers in the U.S. at the height of the nation’s prescription drug crisis, shipping 2.3 billion pills from 2006 to 2014, according to federal data.

 

In 2010 alone, Mallinckrodt’s SpecGX subsidiary, shipped 210 million doses of oxycodone to Florida, then the epicenter of the black market opioid trade. The company’s potent 30 milligram pills were especially sought after by people with addiction.

 

Documents gathered as the company prepared for trial showed that a Mallinckrodt sales manager told a distributor in 2009 of the pills: “Just like Doritos; keep eating, we’ll make more.” A company spokesman later called the statement “outrageously callous.”

 

The company argued in court filings that unlike makers of brand-name drugs, it did not promote opioids to doctors or understate the addiction risks. But plaintiffs in the cases said Mallinckrodt continued to ship suspicious orders without making sure the drugs weren’t going to be diverted to the black market.

 

More:

https://www.ksn.com/news/health/drugmaker-mallinckrodt-reaches-1-6b-opioid-settlement/

Anonymous ID: 2d6244 March 7, 2022, 5:45 p.m. No.15808383   🗄️.is đź”—kun   >>8414 >>8485 >>8544

One radio message and it goes from drill to take Taiwan

 

China Warns Shipping Of South China Sea Naval Drills

Reuters March 5, 2022

 

by Ben Blanchard (Reuters) China is carrying out more than a week of military drills in the South China Sea in an area between its southern province of Hainan and Vietnam, the government announced, warning shipping to stay away.

 

China claims a large part of the disputed waterway, on which major shipping lanes lie, and has built artificial islands and airfields on some of its reefs and islets, to widespread concern in the region and in the United States.

 

In a statement late on Friday, the Hainan Maritime Safety Administration said the drills would start from the same day and last until March 15.

 

It provided coordinates for an area roughly halfway between Hainan’s Sanya and the Vietnamese city of Hue. Sanya is home to a major Chinese naval base.

 

“Entering prohibited,” it said in a Chinese and English language statement on its website.

 

Part of the area is well within Vietnam’s 200 nautical mile exclusive economic zone and Vietnam has previously criticised China for what it calls infringements on its sovereignty.

 

China’s Defence Ministry did not immediately respond to a request for comment, and neither did Vietnam’s Foreign Ministry.

 

In 2014, tension between Vietnam and China rose to its highest levels in decades when a Chinese oil rig started drilling in Vietnamese waters. The incident triggered boat rammings by both sides and anti-China riots in Vietnam.

 

China routinely carries out military exercises in the South China Sea.

 

Vietnam, Malaysia, the Philippines, Taiwan and Brunei all also have competing claims.

 

https://gcaptain.com/south-china-sea-naval-drill-warning/