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Taiwan says 10 Chinese aircraft crossed Taiwan Strait median line

Posted on By CorruptionLedger No Comments on Taiwan says 10 Chinese aircraft crossed Taiwan Strait median line

Ten Chinese aircraft crossed the Ten Chinese aircraft crossed the median line of the Taiwan Strait, normally an unofficial barrier between the two sides, Taiwan’s defense ministry said on Saturday, as Beijing continues its military activities near the island.

Nine Chinese fighter jets and one military drone crossed the median line in the 24 hours to 6 a.m. on Saturday, the ministry said in its daily report on Chinese military activities.

Taiwan sent aircraft to warn away the Chinese aircraft, while missile systems monitored them, the ministry said, using standard wording for its response.median line of the Taiwan Strait, normally an unofficial barrier between the two sides, Taiwan’s defense ministry said on Saturday, as Beijing continues its military activities near the island.

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Japan: 3 major electricity companies face record-high ¥101 bil in antitrust fines (Chugoku Electric, Chubu Electric, Kyushu Electric)

Posted on By CorruptionLedger No Comments on Japan: 3 major electricity companies face record-high ¥101 bil in antitrust fines (Chugoku Electric, Chubu Electric, Kyushu Electric)

Japan’s antitrust watchdog on Thursday ordered three major utilities to pay a total of 101 billion yen in fines for forming cartels over electricity sales, in a move that goes against the nation’s efforts to free up the electric power market. The amount of the penalty, to be collected from electricity companies based in central,…

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Macron announces water saving plan; says protests will not stop reforms

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French President Emmanuel Macron sought to rally citizens around a plan to save water on Thursday and stressed that protests will not stop reforms, in a nod to both climate change and an unpopular pension bill.

The water-saving plan includes 50 measures, such as fixing leaking pipes, adapting the way farmers and the nuclear industry use water and making water more expensive for those who use it in excess of basic needs.

“In the face of change, there are necessarily constraints, we must explain them, share them and make each and every one aware of their responsibilities,” Macron said.

This was the president’s first major policy announcement and public outing after weeks focused on the pension bill, which has triggered fierce protests across the country. With the water plan, Macron and his government are looking to move to other topics.

“There are protests, but it does not mean everything must stop,” Macron said.

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Russia boosts defenses near Japan; accuses U.S. of expanding Asia-Pacific presence

Posted on By 4am Research No Comments on Russia boosts defenses near Japan; accuses U.S. of expanding Asia-Pacific presence

Russia said on Wednesday that a division of its Bastion coastal defense missile systems had been deployed to Paramushir, one of the Kuril islands in the north Pacific, some of which Japan claims as its territory.

The move is part of a wider strengthening of Russian defenses in its vast far eastern regions, Defense Minister Sergei Shoigu said, partly in response to what he called U.S. efforts to “contain” Russia and China.

Shoigu was speaking to Russia’s top army brass a day after President Vladimir Putin and Chinese leader Xi Jinping cemented their “no limits” partnership at talks in the Kremlin with agreements on deeper energy and military cooperation.

“To contain Russia and China, the United States is significantly increasing its military presence in the Asia-Pacific region, strengthening its political and military links with its allies, continuing to create a new American security architecture in this region,” Shoigu said in a video of his address published by Russia’s defense ministry.

Shoigu said the Bastion system would bolster Russian security around the Kuril island chain.

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US credit card debt at record high as Fed raises rates again

Posted on By 4am Research No Comments on US credit card debt at record high as Fed raises rates again

As the Federal Reserve raises interest rates again, credit card debt is already at a record high, and more people are carrying debt month to month.

The Fed’s interest rate increases are meant to fight inflation, but they’ve also led to higher annual percentage rates (APRs) for people with credit card debt, which means they pay more in interest. The Fed announced Wednesday that it would increase rates another quarter of a point.

With inflation still high, people are leaning on their credit cards more for everyday purchases.

“It’s the economy, inflation, gas prices, and food costs,” said Lance DeJesus, 46, kitchen manager at the Golden Corral in York, Pennsylvania. “A year ago, you could go to the grocery store with a hundred bucks and come out with a bunch of bags. Now, I come out with just one bag.”

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Top aide of Canadian PM Trudeau will testify in parliament on Chinese election meddling

Posted on By 4am Research No Comments on Top aide of Canadian PM Trudeau will testify in parliament on Chinese election meddling

Canadian Prime Minister Justin Trudeau bowed to pressure from the opposition and agreed to allow his top aide to testify before a parliamentary committee probing alleged Chinese election interference, his office said on Tuesday.

Conservative leader Pierre Poilievre has repeatedly called for Trudeau’s chief of staff, Katie Telford, to speak in a parliamentary committee looking into the foreign election tampering.

The government had refused until the leader of the New Democrat Party, which supports Trudeau in key parliamentary votes, on Tuesday backed the Conservative call.

Demands for Telford’s testimony stem from allegations in unconfirmed media reports that Trudeau’s aides were made aware of specific Chinese interference attempts.

Trudeau says that China attempted to meddle in the 2019 and 2021 votes, but did not change the outcome. He has pointed to closed-door, bipartisan investigations that found attempted foreign interference was unsuccessful.

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Zuckerberg, Meta sued for failing to address sex trafficking, child exploitation

Posted on By 4am Research No Comments on Zuckerberg, Meta sued for failing to address sex trafficking, child exploitation

A new lawsuit accuses Mark Zuckerberg and other Meta Platforms Inc executives and directors of failing to do enough to stop sex trafficking and child sexual exploitation on Facebook and Instagram. The complaint made public late Monday by several pension and investment funds that own Meta stock said Meta’s leadership and board have failed to protect the company’s and shareholders’ interests by turning a blind eye to “systemic evidence” of criminal activity.

Given the board’s failure to explain how it tries to root out the problem, “the only logical inference is that the board has consciously decided to permit Meta’s platforms to promote and facilitate sex/human trafficking,” the complaint said. Meta rejected the basis for the lawsuit, which was filed in Delaware Chancery Court.

Meta, based in Menlo Park, California, has long faced accusations that its platforms are a haven for sexual misconduct.

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Paris police, protesters clash for third night over Macron’s pension reform

Posted on By 4am Research No Comments on Paris police, protesters clash for third night over Macron’s pension reform

Paris police clashed with demonstrators for a third night on Saturday as thousands of people marched throughout the country amid anger at the government pushing through a rise…

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