Trust Digest 170 (December 19, 2016)

Universal Health Denies Report of Filling Beds Solely for Financial Gain
Hospital company Universal Health Services Inc. on Thursday denied conclusions in a recent news report that it exaggerated patient symptoms and filled beds solely for financial gain.      
Key Words: Universal Health, financial gain reports  
Trust Issues: Transparency, Risk Tolerance

Beijing denies US claim that China is synthetic drug king  
U.S. assertions that China is the top source of the synthetic opioids that have killed thousands of drug users in the U.S. and Canada are unsubstantiated, Chinese officials told the Associated Press.
Key Words: US, China, synthetic opioids  
Trust Issues: Transparency, Capability, Integrity 

Benghazi committee settles lawsuit from ex-investigator who alleged wrongdoing  
The House Select Committee on Benghazi has settled a lawsuit brought by a former staffer who alleged he was fired in part because he was unwillingly to focus solely on the State Department and Hillary Clinton in order to understand the attacks, attorneys for the staffer said.
Key Words: Benghazi, House Select Committee  
Trust Issues: Honesty, Transparency

EU Raises Pressure on Apple’s Tax Deal in Ireland  
The European Union contends that Irish tax authorities have been “inconsistent” and “not systematic” in their treatment of multinational companies like Apple Inc., according to a newly disclosed filing that further argues why €13 billion ($13.6 billion) in tax breaks Ireland granted the iPhone maker were illegal.
Key Words: EU, Apple  
Trust Issues: Conflict of Interest, Integrity

Drone seizure latest sign of tougher times between US, China  
China’s seizure of an American underwater drone is the latest sign that the Pacific Ocean’s dominant power and its rising Asian challenger are headed for more confrontation once U.S. President-elect Donald Trump takes office, analysts said Monday.  
Key Words: US, China, drone  
Trust Issues: Conflict of Interest, Risk Tolerance  

French Court Finds IMF Chief Christine Lagarde Guilty of Negligence but Doesn’t Impose Penalty  
A French court Monday found Christine Lagarde guilty of negligence during her time as French finance minister, but imposed no penalty- in a surprise blow to the International Monetary Fund chief. 
Key Words: IMF, Christine Lagarde  
Trust Issues: Transparency, Accountability

Brazil’s Lula da Silva Indicted for Alleged Corruption, Money Laundering  
Former Brazilian President Luiz Inácio Lula da Silva was indicted on Monday for alleged corruption and money laundering as part of the anticorruption probe centered on state-controlled oil company Petróleo Brasileiro SA, or Petrobras. 
Key Words: Brazil, Lula da Silva, indictments  
Trust Issues: Honesty, Transparency, Power

Gunman Kills Russian Ambassador to Turkey in Ankara  
A gunman assassinated Russia’s ambassador to Turkey during a gallery opening in the capital, an act that Russian officials called an act of terror and that appeared to be aimed as retribution for the Kremlin’s role in bloodshed in neighboring Syria.  
Key Words: Turkey, Russia  
Trust Issues: Risk Tolerance, Volatility

Trial starts for confidante of impeached S. Korean president  
The jailed confidante of impeached South Korean President Park Geun-hye denied on the first day of her trial Monday that she used her ties to Park to extort money from big companies.  
Key Words: South Korea, impeachment  
Trust Issues: Transparency, Honesty, Integrity

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