How Iraqi Banks Funneled Funds to Iran
Digest
The podcast begins with a brief introduction and a public service announcement about pre-diabetes awareness. It then delves into the increasing number of emergency appeals filed with the Supreme Court, particularly by the energy industry and Republican-led states, seeking to block new clean air act standards. The podcast discusses the "shadow docket," a term used to describe these emergency appeals, and the concerns of liberal justices about its increasing use. The podcast then shifts to the expected departure of Norfolk Southern's CEO amid an investigation into an alleged relationship with an employee. It also mentions Apple's announcement of new AI-enabled iPhones and the market's mixed reaction to AI investments. Next, the podcast reveals how Iraqi banks, using a US-built system, have been funneling funds to Iran, including the Islamic Revolutionary Guard Corps and anti-US militias. The podcast discusses the US's efforts to stop this illicit financial activity, including banning several Iraqi banks from dollar transactions and imposing stricter disclosure requirements on wire transfers. Finally, the podcast discusses the ongoing Israel-Hamas conflict and the upcoming one-year anniversary of the war. It also highlights the FDA's new guidance requiring medical providers to notify women about dense breast tissue, which can hinder mammogram effectiveness. This guidance aims to empower women to discuss additional screening options with their doctors, potentially leading to earlier cancer detection.
Outlines
Supreme Court, Clean Air Act, and AI-Enabled iPhones
This episode explores the Supreme Court's increasing use of the "shadow docket" to block new clean air act standards, the expected departure of Norfolk Southern's CEO, and Apple's announcement of new AI-enabled iPhones.
Iraqi Banks and the Israel-Hamas Conflict
The episode reveals how Iraqi banks are funneling money to Iran and discusses the ongoing Israel-Hamas conflict, highlighting the FDA's new guidance on dense breast tissue.
Keywords
Shadow Docket
Emergency appeals filed with the Supreme Court before a lower court makes a final decision.
Interlocutory Appeals
Appeals filed before a lower court has made a final decision, often seeking to halt or implement a policy or procedure.
Dense Breast Tissue
Breast tissue that appears white on a mammogram, making it difficult to detect tumors.
Islamic Revolutionary Guard Corps (IRGC)
Iran's elite military force, responsible for internal security and external operations.
Quds Force
The IRGC's overseas militia group, known for sponsoring proxy groups in countries like Syria, Lebanon, and Yemen.
AI-Enabled iPhones
Apple's new iPhones with advanced artificial intelligence capabilities.
Q&A
What is the "shadow docket" and why are liberal justices concerned about its increasing use?
The "shadow docket" refers to emergency appeals filed with the Supreme Court before a lower court makes a final decision. Liberal justices are concerned because it allows the conservative majority to implement policies they disagree with without full briefing and trial records.
How are Iraqi banks funneling money to Iran, and what steps has the US taken to stop it?
Iraqi banks are using a US-built system to process oil earnings and international transactions, which has been exploited to secretly transfer funds to Iran. The US has banned several Iraqi banks from dollar transactions and imposed stricter disclosure requirements on wire transfers.
What is the significance of the FDA's new guidance on dense breast tissue?
The FDA's guidance requires medical providers to notify women about dense breast tissue, which can make mammograms less effective. This information allows women to discuss additional screening options with their doctors, potentially leading to earlier cancer detection.
Show Notes
P.M. Edition for Sept. 9. U.S. officials say that Iraqi banks used a system created by the U.S. to send money to anti-American militia groups. WSJ’s David Cloud explains. And WSJ’s Jess Bravin discusses how emergency appeals seeking to stop EPA rules are flooding the Supreme Court. Plus, mammograms aren’t always enough to catch cancer. The Journal’s Brianna Abbott explains a new FDA rule that can help women. Tracie Hunte hosts.
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