Iraq

Holly Pittman and a team of researchers studying the archaeological site of Lagash, seen at bottom center, hypothesize that the ancient city was likely a significant population center that had ready access to fertile land and people dedicated to intensive craft production. Credit: Courtesy of Lagash Archaeological Project When Holly Pittman and colleagues from the University of Pennsylvania and University of Pisa returned to…

BAGHDAD—Iraqis are blaming an unexpected culprit for a weakening currency that has caused the price of food and imported goods to rise: a little-noticed policy change by the U.S. Treasury and the Federal Reserve Bank of New York.The New York Fed began enforcing tighter controls on international dollar transactions by commercial Iraqi banks in November, in a move to curtail money laundering and the illegal siphoning of dollars to Iran and other heavily sanctioned Middle East countries, U.S. and Iraqi officials said. Iraqi…

Last Updated: January 19, 2023, 18:10 ISTVirgin Atlantic (Photo: @VirginAtlantic)Virgin Atlantic said the overflights were inadvertent due to disruptions and staff shortages brought on by the COVID-19 pandemicThe U.S. Transportation Department has fined British airline Virgin Atlantic up to $1.05 million for flying over restricted airspace in Iraq while operating flights in a partnership with Delta Air Lines.The federal agency said the flights occurred between September 2020 and September 2021 while the Federal Aviation…

Ericsson said it would book a 2.3 billion Swedish crown ($220 million) provision for an expected fine from US authorities for the breach of a settlement reached in 2019. Ericsson's share price surged 7.7% in afternoon trading, as analysts had expected a larger fine similar to the $1 billion it paid in 2019 as part of a bribery settlement. "This is an incredibly positive outcome given that the market expectations has been that they would get a fine of $1-2bn," JP Morgan analysts said in a note. Ericsson had in 2019…

Credit: Shutterstock Time and again, collaboration has proven to be a key driver of scientific and technological innovation. So it follows that some of the greatest advances have come from intellectual hubs set up for this very purpose. Today Silicon Valley is synonymous with this idea—but it's just one in a long line of institutions…

Zoom In IconArrows pointing outwardsA fugitive charged with an audacious $35 million fraud — in which he allegedly told investors he was a hedge fund billionaire, a Harvard MBA and a special forces veteran who had been twice wounded in Iraq — was arrested by an FBI SWAT team in California after days on the lam, authorities said Wednesday.Las Vegas resident Justin Costello, 42, is accused by federal prosecutors and the Securities and Exchange Commission of swindling thousands of investors and others as part of a complex…

Zoom In IconArrows pointing outwardsA fugitive charged with an audacious $35 million fraud — in which he allegedly told investors he was a hedge fund billionaire, a Harvard MBA and a special forces veteran who had been twice wounded in Iraq — was arrested by an FBI SWAT team in California after days on the lam, authorities said Wednesday.Las Vegas resident Justin Costello, 42, is accused by federal prosecutors and the Securities and Exchange Commission of swindling thousands of investors and others as part of a complex…

“If I were a guy, I wouldn’t be writing this”, says Serena Williams, in a resignation note that has gone viral. Everything that Williams says, bears reading about, as we engage with political, social and cultural independence and this most important of all - biological independence. On the occasion of India’s 75th Independence anniversary, here are four books from different parts of the world, that investigate the contradictory pulls and pushes of independence. Book 1 of 4: Competitive independence vs Biological…

A war, big or small, can transform a society beyond recognition. American sociologist Charles Tilly argued that war helps the state perpetuate itself by adding new layers of state-ness. Beyond this, war sometimes helps advance the cause of feminism. The world wars of the twentieth century created conditions for waves of feminism in the European heartland. We now hear stories of bravery, resilience and sacrifice by Urkainian women in the ongoing Russia-Ukraine war. And yet, there is little scientific research on the…

Ericsson said on Thursday that the US securities regulator has opened an investigation concerning the matters described in the company's 2019 Iraq investigation report.The Swedish telecom equipment maker said it was fully cooperating with the United States Securities and Exchange Commission (SEC) and it was too early to determine or predict the outcome of the investigation.Ericsson disclosed in February that an internal investigation had found it may have made payments to the Islamic State militant group in Iraq -…