Crimean journalist “confesses” to spying for Ukraine on Russian TV

first_img Receive email alerts RussiaUkraineEurope – Central Asia Condemning abuses Armed conflictsImprisonedImpunityFreedom of expressionExiled mediaJudicial harassmentViolence News The interview was broadcast on 18 March, ten days after Yesypenko, who has Ukrainian and Russian dual nationality, was arrested in Russian-annexed Crimea by the Russian Federal Security Service (SFB). Reporters Without Borders (RSF) fears that detained Crimean journalist Vladislav Yesypenko’s televised “confession” to being a spy for the Security Service of Ukraine (SBU) was obtained under torture and calls for his release and the withdrawal of all charges against him. Follow the news on Europe – Central Asia Respect judicial independence in cases of two leading journalists in Serbia and Montenegro, RSF says June 4, 2021 Find out more “Forcing an imprisoned journalist to declare himself guilty and broadcasting his ‘confession’ is a serious violation of journalistic ethics,” said Jeanne Cavelier, the head of RSF’s Eastern Europe and Central Asia desk. According to a source at his place of detention quoted by Graty, a Ukrainian media outlet specialising in police and judicial abuses, Yesypenko has been tortured. The lawyer chosen by his family has not been allowed to see him. The Crimean Human Rights Group, an NGO, says this suggests that the authorities are trying to cover up evidence that he has been mistreated. While alleged to have spied for Ukrainian intelligence using his journalism as a cover, Yesypenko is charged with “making firearms,” which is punishable by up to six years in prison. The FSB claims to have found a bomb in his car. June 8, 2021 Find out more to go further “Such practices are also prohibited by article 14 of the International Covenant on Civil and Political Rights, ratified by Russia and Ukraine. We fear that Vladislav Yesypenko’s ‘confession’ was obtained under duress and we are concerned about the psychological and physical pressure to which this journalist has been subjected. We also condemn the ban on access to his lawyer and we call for his immediate release.” Related documents Читать на русском / Read in Russian​PDF – 117.5 KB Russia is ranked 149th out of 180 countries in RSF’s 2020 World Press Freedom Index. Ukraine is ranked 96th. RFE/RL’s president said Yesypenko was the victim of an arbitrary arrest linked to his reporting in the Crimean peninsula, which Russia annexed in March 2014. The Ukrainian intelligence services described his arrest as a Russian propaganda stunt in the run-up to an informal summit on Crimea on 17 March. RussiaUkraineEurope – Central Asia Condemning abuses Armed conflictsImprisonedImpunityFreedom of expressionExiled mediaJudicial harassmentViolence Читать на русском / Read in RussianThe Crimea correspondent of Krym.Realii, the local branch of US government-funded Radio Free Europe/Radio Liberty (RFE/RL), Yesypenko was visibly pale and had difficulty talking when he made his confession– one almost certainly obtained under duress – in an interview for local Russian TV channel Krym24 that seemed more like a police interrogation. Yesypenko is not the first journalist to be arrested in a region of Ukraine not controlled by its government. Stanislav Aseyev, a reporter held by pro-Russian separatists in the eastern city of Donetsk, was also accused of spying for Kiev in 2018 and was also forced to make a public confession on a Russian TV channel. RSF calls for a fully transparent investigation after mine kills two journalists in Azerbaijan Organisation Credit : screenshot from the interview of Krym24 RSF_en News March 26, 2021 – Updated on March 29, 2021 Crimean journalist “confesses” to spying for Ukraine on Russian TV “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says Help by sharing this information News June 7, 2021 Find out more Newslast_img read more

LIBOR – Exit stage left?

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,James Lutter D. James (Jim) Lutter is the Senior Vice President of Trading and Operations at PMA Financial Network and PMA Securities where he oversees PMA Funding, a service of both companies … Web: Details SourcesBankThink Libor alternative isn’t a one-size-fits-all benchmarkBy Scott A. Shay, May 4, 2020What Does COVID-19 Mean for Libor Transition?By Daniel Belton, PhD VP, FI Strategy, BMOCM, April 23, 2020Samll banks tell Fed its Libor replacement doesn’t work for themBloomberg News, February 27, 2020 ‘It’s game time’: Libor transition to pick up steam in new yearBy John Heltman, Dec. 29, 2019 The London Interbank Overnight Rate (LIBOR) is still on course to sunset at the close of 2021, or is it?  There are a number of uncertainties that currently cloud a successful exit strategy, like The onset of COVID -19, a need for the evolution of the Secured Overnight Financing Rate (SOFR) term structures, lack of clear direction on the index, and concerns over SOFR being controlled by a small population of money centers. These uncertainties may lead to an extension of LIBOR beyond 2021.Currently, COVID-19 is the central focus globally and domestically. The situation is consuming vast resources both monetarily and intellectually. Legislators, regulators, and industry leaders are focused on combating the health and financial fallout from the crisis with LIBOR being placed on the back burner.The current crisis has highlighted SOFR’s weakness in addressing the credit component needed to hedge risk. The current disconnect between funding cost and replacing maturing debt can be hedged through LIBOR-based derivatives – which respond to volatility changes due to its inherent credit component. However, with SOFR indexed derivatives, there would be no such market value change in the derivative contract due to its lack of an inherent credit component. Therefore, funding costs would increase without the ability to appropriately hedge credit risk due to lack of available hedging options.  As of now, there is no readily available solution to address this issue.Many financial institutions are still waiting for a clear directive on the replacement for LIBOR. Outside of a defined timing of conversion, financial institutions are left to grapple with determining the financial implication with the conversion. How does a financial institution deal with the lack of a credit component required for hedging, a lack of uniformity around one index, and will the index be representative of the financial sector as a whole and not predicated by the money centers?The uncertainty surrounding SOFR makes planning very difficult. Concerns stem not only from implementation, but in pricing and legislation that determines a default index.  The concern around pricing is that it will not be reflective of Main Street, but predicated by the Money centers.  Many small and mid-size banks are pushing to use Ameribor instead of SOFR, as it’s unsecured, and wouldn’t require borrowers to post Treasuries, which most small and mid-size banks do not hold in large amounts.  Also, there is concern around legislation that would require SOFR as a replacement for LIBOR based contracts.  Lastly, the Alternative Reference Rate Committee (ARRC) at this time is only requesting SOFR receive a safe harbor from litigation.The coming year will be focused on helping individual institutions plan to transition away from LIBOR. The larger institutions have begun the process, while smaller institutions are waiting to see how the index matures.  With the increased utilization of the SOFR index, the expansion of SOFR and SOFR-referencing contracts will be important in driving the industry’s conversion. The deeper those markets become the better the information. Having said this, there are significant headwinds with COVID that may extend the sunset of LIBOR.last_img read more

Wisconsin men’s golf finishes 10th in Big Ten Championships

first_imgThe Wisconsin men’s golf team’s 2013-2014 season came to a close over the weekend with a 10th-place finish in the Big Ten Championships in French Lick, Ind.The tournament began Friday with two rounds where Wisconsin got off to a slow start 23-over par 311 through the first 18 holes, but the Badgers rebounded, improving its second-round score by nine strokes with a 14-over par 302 to put UW firmly in 10th place.The third round of the tournament proved to be the low point for Wisconsin as the Badgers posted a 24-over par 312 — its worst score of the tournament — but low scores by every team Saturday kept UW in the 10th spot.With the motivation of grabbing its best finish in the Big Ten Championships for several years, Wisconsin posted its best score of the tournament with a nine-over 297 to give the Badgers a final score of 1222, good for a 10th-place finish and just one stroke behind Penn State.After finishing in 12th place in last year’s Big Ten Championships, this seasons outcome was a marked improvement for the Badgers. The 10th-place finish marks the best finish for Wisconsin since it finished 10th in the 2009 Big Ten Championships.Junior Thomas O’Bryan was a big reason for the Badgers success in the tournament as the Illinois native finished tied for 12th at the end of the weekend.After posting two 76s Friday, O’Bryan improved his score by two strokes for the home stretch with a pair of two-over 74s Saturday and Sunday. The junior finished with a score of 300 or 12-over.O’Bryan finished last year’s Big Ten Championships in a tie for 49th overall. His 12th-place finish ties a career best that he posted in 2012.Fifth-year senior Jack Watson wasn’t too far off O’Bryan’s pace as the Illinois native finished with a 16-over 304 on the weekend, good for 24th overall.Fellow fifth-year senior Zach Balit matched Watson’s score with a 304.Fifth-year senior Robert Jacobsen and freshman Ben Skogen rounded out Wisconsin’s score with a pair of 33-over 321 scores.last_img read more