Newsletter

FSA TO LAUNCH SECOND INSIDER TRADING CASE TODAY

FSA could do with winning one! Our City correspondent draws my attention to this piece of breaking news. More will be revealed this afternoon! Reuters, however, alleges an ex-Cazenove partner is involved. http://tinyurl.com/5knvfc

OPIUM AND AFGHANISTAN: REASSESSING US COUNTER-NARCOTICS STRATEGY

ABSTRACT
Cultivation and production of opium in Afghanistan have skyrocketed since the
Taliban were toppled in 2001 such that Afghanistan now supplies 92 percent of the
world’s illicit opium. The expanding opium trade is threatening to destabilize the
Afghan government and turn the conflict-ridden country back into a safe haven for
drug traffickers and terrorists. This paper examines the nature of the opium problem
in Afghanistan and analyzes the allied strategy to counter this growing crisis. In
analyzing the current counternarcotics strategy, it points out pitfalls including the
counterproductive aspects of opium eradication. Finally, changes to the strategy are
proposed, which include increasing troop levels and eliminating national restrictions,
substantially increasing financial aid, deemphasizing opium eradication, focusing on
long-term alternative livelihoods, aggressively pursuing drug kingpins and corrupt
government officials, and exploring the possibility of Afghanistan’s entry to the licit opium market.

EU TO SUSPEND FUNDS TO BULGARIA

Well they signalled it very clearly. Only two agencies blocked so far from receiving funds, but warning also to Romania and to the next round of applicants. More has to be done about corruption.

BONY MELLON PROFITS DOWN

Hidden away in this Guardian article is a reminder that there is still a lawsuit outstanding in Russia over money-laundering. BoNY has settled with the US authorities, but Russians not ready to settle.

IN ’06 BOMB PLOT TRIAL, A QUESTION OF IMMINENCE

Not a lot of organised crime reports out there, so this New York Times piece on the accused in the liquid bomb trial in London is timely. Good to get an outside perspective and a review of what the prosecution and defence cases have been.

COURT THROWS OUT “ANNOYANCE” LAW

Update on Australian story. Something is very odd about a country where the judges have a better sense of humour than the politicians. unfortunately, the Guardian gets rather public schoolboyish in its coverage here. But I supposed there’s nothing politicians fear more than not being taken seriously. No longer a crime to be silly in New South Wales, then

IS THE HOLLOW STATE STILL HOLLOW?

Agreement between G8 leaders: does it restore the status quo ante the internet, or is it a massive government invasion of personal privacy for the benefit of the multinationals? And what are the opportunities it presents for organised crime? By now we all should know, all new laws do is put up the price of illicit pleasures…Discuss.

SGOC | Newsletter