Despite Trump Claim, Lebanon Not Against Hezbollah

BEIRUT — As US President Donald Trump recently stood beside the Lebanese prime minister praising his government for standing up to Hezbollah, the Iranian-backed organization was busy demonstrating just how wrong he was. Read more

Teva Pharmaceutical Loses Third of Its Value In Two Days

Trade at the Tel Aviv Stock Exchange opened Sunday with a sharp downturn, with Teva Pharmaceutical’s shares dropping by 18% and dragging the leading indices with it. Read more

Italian Jets, and The Israelis Who Profited From A $2.8B Deal

In 2012, Israel agreed to buy 30 training jets from the Italian air force. The last plane was delivered a year ago. Read more

Israeli Tycoon Shaul Elovitch Tells Creditors He May Sell Control of Bezeq Telecoms Giant

Shaul Elovitch is expected to accede to demands from his bank creditors to sell off half of his controlling stake in Bezeq over the next few years, with the aim of helping settle 1.2 billion shekels ($340 million) in debt his Eurocom Group owes. Read more

The “Blood Diamond” Magnate Who Is At The Center of Och-Ziff’s Bribery Scandal In Africa

The United States’ first foreign-bribery case against a hedge fund is full of dramatic detail. Read more

Uzbek Authorities Seek To Freeze €50M From Gulnara Karimova

Gulnara Karimova, the eldest daughter of late Uzbek former president Islam Karimov, has been remanded in custody following a 2015 conviction for extortion and embezzlement and is being investigated for more crimes, the Uzbek Prosecutor General’s office said on Friday. Read more

Corruption Threaten Congo’s Investment

The Democratic Republic of the Congo (DRC) holds the paradoxical status of possessing a rich mineral wealth at the same time as being one of the world’s least developed countries. Read more

Glencore PLC Under Probe Over Congo Payments

Glencore PLC is under investigation by Canadian regulators looking into more than $100 million in payments a subsidiary made to a company owned by an Israeli businessman who has been accused of bribing Democratic Republic of the Congo officials, said people familiar with the investigation. Read more

Who Is Felix Sater?

New York Fresh from snatching up a former insane asylum in foreclosure for a cheap $1.2 million, a mystery man went running down a Syracuse, N.Y., street, iPad covering his face, as reporters gave chase and TV cameras rolled. Read more