Halister News

(Bloomberg) -- North Korea’s National Coordinating Committee for Anti-Money Laundering and Countering the Financing of Terrorism on Saturday sent a letter to Financial Action Task Force and requested it take countermeasures on U.S. and South Korean attempts to “hurt” the country’s “supreme leadership,” Korean Central News Agency reports.

• The letter also requested the FATF, an inter-governmental organization handling money laundering and terrorist financing, call into question those jurisdictions that organized or conspired the “hideous state-sponsored terrorist plot”
• Note: North Korea Accuses U.S. of Plot to Assassinate Kim Jong Un Link

To contact the reporter on this story: Hooyeon Kim in Seoul at hkim592@bloomberg.net To contact the editors responsible for this story: Brett Miller at bmiller30@bloomberg.net Sungwoo Park, John McCluskey

(Bloomberg) -- Terms of agreement filed in Manhattan federal court call for $5.9 million payment to U.S.

• Settlement filing comes ahead of jury trial that was set to begin Monday

NOTE: Link Russia Tax Scheme Focus of U.S. Bid to Seize N.Y. Properties

• The case is U.S. v. Prevezon Holdings Ltd., 13-cv-6326, U.S. District Court, Southern District of New York (Manhattan).

(Bloomberg) -- (Translated by Google and reviewed by Bloomberg editors.)

• Central Bank should reduce the Selic rate by 1.50 pp at the 31st Copom meeting, continue with cuts of 0.75 pp at the July and September meetings and cut interest by 0.25 pp in October, says Jose Francisco Goncalves, Chief economist at Banco Fator, in a telephone interview.
• Previous Factor Forecast for May 31 was 1.25 pp cut
• Factor also revises the Selic projection, from 8.25% to 8%, at the end of the year
• Inflation plummeting, and economy that shows no sign of recovery justify revision, according Goncalves
• Progress of Welfare reform is in line with expected and external environment is also helping

Original Story: Fator vê corte de 1,50 pp em maio, Selic a 8% no final de 2017 To contact the translator on this story: Ney Hayashi in Sao Paulo at ncruz4@bloomberg.net Reporter on the original story: Vinícius Andrade in São Paulo at vandrade3@bloomberg.net Editors responsible for the original story: Daniela Milanese at dmilanese@bloomberg.net Marisa Castellani