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A raft of new US sanctions guidance and designations made 2020 a challenging year for banks involved in trade finance, yet the overall value of financial penalties handed out was low. GTR speaks to legal experts about recent enforcement trends, the challenges facing trade finance lenders, and the likely impact of the incoming Biden administration. The total value of settlements and fines paid to the Office of Foreign Assets Control (OFAC), the US’ fearsome sanctions regulator, was US$23.6mn last year – a substantial drop from 2019’s figure of nearly US$1.3bn. But according to Evelyn Sh...

Please, reenter the code in the captcha! The link was successfully Sent! Ooops!:( An error has occurred!   Hillsboro SSD recaps ‘good things’ accomplished by the city in 2020 Hillsboro safety and service director Brianne Abbott addresses council at their Monday, Dec. 14 meeting. Also pictured is public works superintendent Shawn Adkins. (HCP Photo/Caitlin Forsha) As city administrators expressed gratitude at the conclusion of their first year in office, Hillsboro safety and service director Brianne Abbott used her report a...

Remembering Community Leader, Philanthropist Cheri Fleming Real Life Church held memorial services for Cheri Fleming on Friday, a longtime philanthropist in the Santa Clarita community who has supported numerous nonprofit organizations. Cheryl Anne “Cheri” Fleming, 69, of Valencia, passed away from natural causes on Monday, Nov. 16, 2020 at Providence Holy Cross Medical Center in Mission Hills, CA, following a brief illness resulting from a brain aneurysm. “I never thought this day would come, the day that Cheri would not be by my side. Cheri was my everything,” read a letter from Che...

Local level changes that we've seen a string of since then. >> well republican representative brian fleming is the one who introduced this bill and argues there's not enough demand for early voting and paints a picture that says the cost of this is not enough to justify it for these small cities because you've got small cities, three people sitting around all day when one or two people would be voting. i guess it begs the question, is this the best way to spend money? >> it's a reasonable concern, but the way to address it, and this is what they've done in other states, is allow flexibility, s...

0 economic news the most. thanks, good to see you. >> good to see you, alex. >> the labor participation rate was just 63% in january and we heard economic analysts mark zandi attribute these numbers to january's horrible weather. weigh in on that, is he right? >> well, mark's a smart guy, but i'm not sure about the weather. for example, construction actually posted 48,000 jobs last month. that's a pretty good number for construction and that's the most weather-sensitive industry in the job market, so the fact that they did okay suggests weather might not have been as big a factor. what mark is...