The Fight Against Money Laundering in Latvia and Sweden
The common denominator in all transnational criminal activities is money laundering, the process by which the proceeds of illegal activities are converted into means for legal investments. The fight against money laundering means combating large scale crime. The World Bank and the International Monetary Fund (IMF) estimate that shadow transactions amounted to between US$6.5 trillion and US$9 trillion, equaling 20-25% of total global GDP. On the other hand, the United Nations International Drug Control Program (UNDCP) assesses the annual turnover from the entire criminal market to be around US$1500 billion. This Policy Brief summarizes the proceedings of the Workshop on Money Laundering organized by the Institute for Security and Development Policy, and the Riga Stradins University, Latvia, held May 28, 2010.
EU’s global gateway strategy and building a global consensus vis-a-vis BRI
Abstract: The Belt and Road Initiative paved the way for China to establish far-reaching trade relations and greater political influence across continents. Dominating the Indo-Pacific region by building up the […]
The G7’s oil price cap is a perilous gamble
Introduction: Right before Russia’s Gazprom completely stifled gas flows through the Nord Stream I pipeline, G7 leaders had agreed in early September to implement a price cap on Russian energy […]
EU-Taiwan Semiconductor Cooperation: Lopsided Priorities?
Abstract: The European Union (EU) seeks de facto closer cooperation on chip production with Taiwan. This was underlined during Foreign Minister Joseph Wu’s Europe Tour in 2021 and by a […]
Compatible Interests? The EU and China’s Belt and Road Initiative
Executive Summary While China and the European Union are at opposite ends of the Eurasian continent, booming trade, along with China’s rise as a global power, has made their relationship […]
Belt and Road Initiative: China’s Lending Hands Come with Claws
Abstract: With the economic crisis unfolding in Sri Lanka, there is a renewed interest in better understanding and analyzing the Belt and Road Initiative to prevent nations from both falling […]
Shifting China-NATO Relations: From Selective Cooperation to Strategic Rivalry?
Introduction: On March 15, North Atlantic Treaty Organization (NATO) General Secretary Jens Stoltenberg called on China to withdraw its support for Russia and to condemn its “brutal” invasion of Ukraine […]