Israel accepted into global financial watchdog group

Israel has become the newest member to the Financial Action Task Force. (Screengrab)
Updated 10 December 2018
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Israel accepted into global financial watchdog group

  • Israel says Monday that its acceptance into the group will allow it to take an active role in global policy-making on the issues
  • The group has in the past given Israel’s archenemy Iran ultimatums over terrorism funding

JERUSALEM: Israel says it has been accepted as a member in a global money laundering and terrorism financing watchdog group.
The Financial Action Task Force is an intergovernmental group of some 35 countries based in Paris that sets international standards on terror financing and money laundering.
Israel says Monday that its acceptance into the group will allow it to take an active role in global policy-making on the issues.
In a statement, the FATF said Israel’s “experience and perspective will make a valuable contribution to our work to prevent the misuse of the financial system.”
The group has in the past given Israel’s archenemy Iran ultimatums over terrorism funding, warning of deeper economic isolation if it doesn’t comply.


Two killed in Iraq after vehicle explodes in car wash

Updated 23 May 2019
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Two killed in Iraq after vehicle explodes in car wash

  • The explosion took place in Qaim district of Anbar province, once a Daesh stronghold

FALLUJAH: A parked vehicle exploded in Iraq's western province of Anbar, killing two people and wounding two others, a district mayor said on Thursday, the latest attack inside what was once Daesh's last stronghold in the country.
The explosion occurred in Anbar's Qaim district, 300 kilometers west of Baghdad. Iraqi forces retook the area, which lies on the border with Syria, in December 2017, after which they declared final victory over the group.
The vehicle was parked inside a car wash, said Qaim Mayor Ahmed Mahallawi. The attack targeted members of the Popular Mobilisation Forces, a group of Iran-backed Shi'ite arnmed factions who helped defeat the Sunni militants, and successfully killed one, wounding two others. A car wash worker was also killed.