On January 4, 2013, a month before Pope Benedict resigned, the Italian Central Bank turned the lights off on the entire Vatican. The Vatican no longer had the ability to make any electronic financial transactions. Italian authorities asserted that the Vatican was not in compliance with international money-laundering rules. This was a clear message that put tremendous pressure on … Read more
On January 4, 2013, a month before Pope Benedict resigned, the Italian Central Bank turned the lights off on the entire Vatican. The Vatican no longer had the ability to make any electronic financial transactions. Italian authorities asserted that the Vatican was not in compliance with international money-laundering rules. This was a clear message that put tremendous pressure on … Read more
A U.S. national security panel, The Committee on Foreign Investment in the United States (CFIUS) is forcing Kunlun, a Chinese business based in the Capital of Beijing, to divest its ownership of homosexual hookup site Grindr. The U.S. panel is stating that Chinese ownership of Grindr is a national security risk involving blackmail. Chinese “private” companies, including the … Read more