Weekly Roundup: Berlusconi Sentenced for Tax Fraud, HSBC Hires Former White House Official as Counsel, and More

As global sanctions impede much of Iran's economy, its coal industry is booming, in part due to a network of brokers and payment arrangements that involve multiple currencies, Reuters reported. Metallurgical coal producers in the Ukraine could be using banks in Lebanon, Syria and Russia to facilitate sales to the blacklisted nation, sources told the news agency. More Former Italian Prime Minister Silvio Berlusconi was sentenced to four years in prison for tax fraud related to his media companies, AFP reported. The former head of state, who is expected to serve a year in prison after his sentence was immediately...