Bombardier Announces Further Deleveraging Actions with Full Repayment of its 6⅛% Senior Notes Due 2021

MONTRÉAL, May 17, 2021 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) today announced that, as part of its plan to enhance profitability and deleverage its balance sheet, it has completed the repayment in full and complete discharge of its 6⅛% Senior Notes due May 15, 2021 utilizing its available liquidities. The payout was in the amount of EUR 426,663,291 covering the outstanding principal amount as well as accrued interest. During its…

CGTN: China’s promises matter – it delivers on its commitments

BEIJING, May 17, 2021 /PRNewswire/ — More than 2,000 years ago, Confucius said “Yan Bi Xin Xing Bi Guo,” which means “one must be true to their word and determined in their work.” “The Chinese civilization emphasizes ‘Word must be kept, promise must be delivered,’ and ‘With dishonest people, reliability becomes questionable,” said Chinese President Xi Jinping. China has remained true to the phrase throughout its development process, and the…

France to clear Sudan’s $5 billion debt

May 17, 2021 (PARIS) - President Emmanuel Macron pledged that his government will cancel Sudan’s $5 billion debt to France in support of the democratic transition in the East African country. To "allow Sudan to return to the concert of nations," President Emmanuel Macron in favour of "an outright cancellation of our debt to Sudan," which is "nearly $5 billion," said Macron. The Paris-hosted international event aims to free Sudan…

S. Sudan gang to appear before Ugandan military court

May 17, 2021 (KAMPALA) - The Fifth Infantry Division military court is set to prosecute four suspected South Sudanese gang members arrested over the illegal possession of firearms and ammunition. According to a URN report, the suspects, who have been in military detention for a month, were arrested from Lucom village in Kitgum district by Uganda People Defense Forces (UPDF) after reportedly making attempts to raid cattle from livestock farmers in the…

Sudan dismisses chief justice, accepts Attorney General’s resignation

May 17, 2021 (KHARTOUM - The Sovereign Council in Sudan dismissed the Chief Justice, Neimat Mohamed Abdallah, and accepted the resignation of Attorney General Taj-Elsir El-Hebir. The two decisions were announced on Monday after a regular meeting of the collegial presidency chaired by the Council deputy’s head Mohamed Hamdan Daglo "Hemetti". The Sovereign Council member and Spokesman Mohamed al-Faki said the meeting decided to relieve Abdallah from her position as…

Maintain arms embargo on South Sudan, says rights body

May 17, 2021 (NAIROBI) - The United Nations Security Council must ensure a range of human rights benchmarks are met before the embargo on South Sudan can be lifted, a rights body said. Amnesty International, in a statement issued Tuesday, said lifting the arms embargo on South Sudan could have dire consequences for human rights. These, the rights body said, should include an end to crimes under international law, reform…

Advocacy group warns of threat to Sudan’s civilian-led transition

May 17, 2021 (PARIS) – An advocacy group has warned of the continuing threat to a successful civilian-led transition from the economic and institutional legacy of Omar Al-Bashir-era corruption, as the Paris Conference on Sudan Investment commenced Monday. The Sentry, in a new briefing report titled “Sudan Struggles to Control Its Parastatals,” details an array of business operations largely controlled by the country’s military as well as security services. The…

Kharon And CSI Partner To Offer Precision Intelligence For KYC And Sanctions Risk Management

LOS ANGELES, May 17, 2021 /PRNewswire/ — Kharon, the research and data analytics company focused on security threats and other controversies that impact global commerce and finance, and Computer Services, Inc. (CSI), a provider of end-to-end fintech and regtech solutions, today announced they have partnered to offer customers access to research and data analytics that will enhance their financial crime and trade control frameworks. Kharon looks beyond the lists of sanctioned…