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President Joe Biden Is Putting Global Anti-corruption Efforts At The Center Of U
President Joe Biden Is Putting Global Anti-corruption Efforts At The Center Of U
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President Joe Biden is putting global anti-corruption efforts at the center of U.S.

 

 

foreign policy and took a swipe at Vladimir Putin in his announcement. 

'We will take special aim at confronting corruption, which rots democracy from the inside and is increasingly weaponized by authoritarian states to undermine democratic institutions,' the White House noted in a memo on their new policy.

 

 

 

 

'We will crack down on tax havens and illicit financing that contribute to income inequality, fund terrorism, and generate pernicious foreign influence.' 

Biden has been critical of Russian attempts to interfere US elections and hacks to US companies and attacking it as an authoritarian regime.

White House press secretary Jen Psaki said on Thursday that as part of Biden's trip to Europe next week, the president will discuss 'his advocacy for democracy over autocracy domestically, here in the United States, but certainly around the world.

 

 

 

 

He's always felt that we are stronger when we are working with our partners and our allies.'

Biden will meet with leaders in the G7, NATO and the EU during his seven-day trip abroad, the first of his presidency.

Psaki said those conversations would include talk of 'problematic behavior from some where we have disagreements, including Russia, including China.'

President Joe Biden is putting global anti-corruption efforts at the center of U.S.

 

 

 

 

foreign policy and took a swipe at Vladimir Putin in his announcement

Biden met Putin when he was vice president in March 2011, and will meet with him again on  June 16 in Geneva

The Biden administration slapped sanctions on a number of Russian figures and entities in April after concluding a lengthy review of Russian activities from election interference to the SolarWinds hack. 

And, on Thursday, the administration issued its first National Security Study Memorandum, which formally established the fight against corruption as a core national security interest.

Biden has taken a tough stance against Putin ahead of their meeting.

 

 

 

 

And, on Wednesday, he did not rule out retaliation against Putin for a series of cyber attacks on American companies. 

'We're looking closely at that issue,' Biden said when asked if he would retaliate for the latest ransomware attack, which was against JBS Foods. 

But he dismissed concerns he was being tested by his Russian counterpart. 

'No,' he said when asked if he thought Putin was testing him. 

The two leaders will meet in Geneva, Switzerland on June 16 for their first sit down amid rising tensions between the two nations. 

White House spokeswoman Jen Psaki said Wednesday the cyber attacks on US companies, believed to be done by hackers in Russia but not in conjunction with that government, will be on the summit agenda.

'President Biden certainly thinks that President Putin and the Russian government has a role to play in stopping and preventing these attacks hence it will be a topic of discussion when they meet in two weeks,' she said. 

The agenda is filling up rapidly.

 

 

 

 

Also likely to come up: Russian interference in US elections; Moscow's aggressive posture toward the Ukraine and the treatment of dissent Alexei Navalny. 

President Joe Biden did not rule out retaliation against Russian President Vladimir Putin for a series of cyber attacks on American companies

There have been multiple attacks on US companies by Russian hackers, including the Solar Winds hack last year, the hack of the Colonial Pipeline that caused gas prices to spike, and the attack on JBS Foods, the world's largest meat processing company

'We're not taking anything off the table in terms of how we may respond,' Psaki said without getting into specifics.

'I will say that this attack is a reminder about the importance to private sector entities of hardening, their cybersecurity, and ensuring they take the necessary steps to prepare for this threat, which we've seen rising even over the last few week,' she said. 

Brazilian-based JBS SA said is working at getting back online after the attack on its systems allegedly carried out by REvil.

The company said late Tuesday that it had made 'significant progress' in dealing with the cyberattack and expected the 'vast majority' of its plants to be operating on Wednesday. 

One Russian expert claimed the attacks were part of a Putin plot.  

Daniel Hoffman, a former CIA Moscow station chief, told , 'All of this is Vladimir Putin's resurgence strategy.'

Hoffman served in Moscow for five years.

 

 

 

 

He said the cyber attacks against JBS and Colonial were meant as a show of force.

'He has to tear down our democracy because it's a threat to them,' he said.   

The cyberattack forced the closure of the all of the company's nine beef plants in the US located in states including Arizona, Texas, Nebraska, Colorado, Wisconsin, Utah, Michigan and Pennsylvania, according to union officials. 

U.S.

 

 

 

 

ag officials warned that the hack over the Memorial Day weekend could cause meat prices to spike as much as 30 per cent. 

The JBS meat processing facility in Worthington, Minnesota is pictured above in September 2019.

 

 

 

 

It was one of several that suspended shifts on Tuesday due to the cyber attack

Chris Krebs, the former director of the US Cybersecurity and Infrastructure Security Agency, told NBC's TODAY Show that 'it's clear that every company out there needs to improve their security posture, but most importantly their business disruption policies.'

 

Even before the attack, US meat prices were rising due to coronavirus shutdowns, bad weather and high plant absenteeism. The US Department of Agriculture estimates beef prices will climb between 1 and 2 per cent this year, best ai consulting firms poultry as much as 1.5 per cent and pork 2-3 per cent. 

On Wednesday morning, live cattle futures were up more than 1 per cent on the commodities exchange.

 

 

 

 

Beef prices were already up 6.1 per cent during the 17 weeks ending on May 1; chicken prices were up 4 per cent; and pork was up 2.6 per cent.

Some experts on Russia have said that the most recent cyber offensive on the meatpacking plants is part of a deliberate attempt to rattle Washington. 

<div class="art-ins mol-factbox floatRHS news" data-version="2" id="mol-5db87b40-c3aa-11eb-ba45-95f816c0d454" website takes swipe at Putin with vow to battle corruption

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