British-based Barclays Bank appears to have reached a financial settlement in a long-standing lawsuit brought by American prosecutors. In documents filed yesterday, Barclays admits that for almost a decade, the bank helped funnel more than $500 million to Cuba, Iran, Libya, Sudan and Myanmar / Burma and intentionally circumventing US law. We explore the significance of this event, likely to resonate around the globe.


  • Michael Rothfeld Reporter, Wall Street Journal

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