FinCEN Files: Investigation into Dirty Money Transfers from Major Global Banks

At least $ 2 trillion in suspicious transactions were carried out between 2000 and 2017 by several major global banks. This is what an investigation by the International Consortium of Investigative Journalists, made up of 400 journalists from the media in 88 countries, including the investigation units of Radio France and the newspaper Le Monde, reveals.
For their investigation, ICIJ journalists were able to obtain "suspicious activity reports". These are top-secret documents that US bank internal compliance officials send to US financial intelligence agencies when they detect questionable money transfers.

According to these documents, 2,000 billion dollars in suspicious transactions may have been carried out. It is dirty money linked to drugs, corruption, organized crime and terrorism.

Large banks are singled out like JP Morgan, Deutsche Bank, Bank of New York Mellon or HSBC. They ensure, however, that they make significant efforts to combat financial crime an…

Google promises it will no longer build artificial intelligence tools for the oil and gas industry

The American giant Google has just announced that it is giving up developing new artificial intelligence solutions that will help the oil and gas industry to accelerate the production of fossil fuels. A statement follows Greenpeace's report blaming the company, Microsoft and Amazon for helping the majors cause more environmental damage in recent years.
 
Google promises it will no longer build artificial intelligence tools for the oil and gas industry

"These three tech companies seem to be aware of the mismatch between their stated climate goals and the real climate impact of helping the fossil fuel sector become more productive and efficient," Greenpeace wrote.

The solutions made available to industry by these tech companies have made it easier to increase the supply of oil and gas in the United States, for example. Above all, they have helped companies like Shell, BP, Chevron and Exxon Mobil to boost their production worldwide and, in turn, undermine their own commitment to reducing carbon emissions.

You should know that Google's decision does not imply that it terminates its existing contracts, but only that it no longer develops new solutions for extraction, rejoices Liz Jardim, responsible for the climate campaign of Greenpeace USA, even if the ideal would have been a termination of its contracts with the industry, she adds.




If Amazon has not commented on the matter, Microsoft has said that the transition from fossil fuels to renewable energy is complicated, but that the company still aims to be carbon negative by 2030. Greenpeace criticized the posture, saying that Microsoft's contract with ExxonMobil alone could "result in emissions greater than 20% of Microsoft's annual carbon footprint".