Turkish Gold Trader’s Dramatic Testimony Ends With Assassination Tale

Capping off a week on the witness stand in an Iran sanctions case, gold trader Reza Zarrab recounted an attempt to assassinate him inside a U.S. prison because of his testimony that has implicated Turkey’s president and ministers in illicit transactions worth billions.

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Gold Trader Vexing Turkey Denies Illicit Dealings With Russia

Reza Zarrab, a gold trader who has implicated Turkey’s president and ministers in billions of illicit transactions, denied from a New York courtroom Tuesday that he was caught in a similar scheme: a traffic stop at the Turkish-Russian border involving a car carrying $15 million.

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Banker’s Lawyers Swing at Star Witness in Iran Sanctions Case

Defense attorneys for a banker accused of laundering money for Iran in violation of U.S. sanctions told a federal judge Monday that new evidence undermines the credibility of the government’s star witness.

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Turkey Seizes Assets of Presidential Ally Who Flipped

The Turkish government seized the assets of a gold trader and his family on Friday, in retaliation for his testimony implicating President Recep Tayyip Erdogan and other high-ranking officials in a multibillion-dollar scheme to bust Iran sanctions.

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Powell Demurs on Tax Debate, But Says He Favors Loosening Bank Regulations

Jerome Powell, President Donald Trump’s pick for Federal Reserve chairman, said Tuesday he believes the central bank “can push harder on employment” by allowing the jobless rate to fall below 4 percent, and predicted the economy will grow by about 2.5 percent next year, although he said it would slow after that, due to lagging gains in productivity.

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