Corruption Ledger

At least 28 dead, two rescued in fiery aircraft crash in South Korea, Yonhap reports Audio By Carbonatix SEOUL (Reuters) – At least 28 people were killed when an airliner went off the runway and slammed into a wall at South Korea’s Muan International Airport on Sunday, Yonhap news agency reported. The accident occurred as Jeju Air flight 7C2216, carrying 175 passengers and six crew on a flight from the Thai capital Bangkok, was landing at the airport in the…

The head of the World Health Organization said on Friday he was not sure he was going to survive an air strike carried out by Israel a day earlier during a series of attacks on the Iran-aligned Houthi movement. Speaking after his ordeal at the Sanaa International Airport on Thursday, WHO Director-General Tedros Adhanom Ghebreyesus said the explosions that rocked the building were so deafening that his ears were still ringing more than a day later. Tedros said it quickly…

NEW YORK – Law enforcement in the US state of New York on Dec 27 released “devastating” footage of prison guards beating a Black inmate shortly before he died. The body-worn camera footage, recorded the night of Dec 9, shows Robert Brooks, 43, brutalised by multiple prison guards, with his face bloodied and neck held. Brooks, an inmate at a northern New York prison serving a 12-year sentence for assault, was pronounced dead later that night. Ms Letitia James, the…

Vanguard reaches deal with US bank regulator over control of bank stakes (Reuters) -The U.S. Federal Deposit Insurance Corporation (FDIC) said on Friday it has struck a passivity agreement with Vanguard, to help the regulator better monitor the money manager’s interests in large banks. According to the deal, Vanguard is strictly prohibited from engaging in activities that influence the management or policies of institutions regulated by the FDIC, or their subsidiaries. Through “passivity agreements,” investors commit to regulators that they…

Vanguard has bowed to regulatory pressure and agreed to new oversight of its investments in some US lenders, a decision that could have sweeping implications for money managers and banks. The deal, which the US Federal Deposit Insurance Corp disclosed on Friday, will allow Vanguard’s funds to continue to be huge shareholders in a wide swath of the country’s banks while also increasing the watchdog’s supervisory power over the $10tn money manager. Vanguard, BlackRock and State Street have amassed large…

As Israel marks Hanukkah, ceasefire talks with militants in Gaza remain stalled as Israel continues to pound targets in the territory. Among the latest reported victims of the war, a displaced child who froze to death overnight while sheltering in a tent.

NATO calls for full investigation of Azerbaijan Airlines crash BRUSSELS (Reuters) – NATO on Thursday called for a full investigation into the cause of an Azerbaijan Airlines plane crash that killed 38 people. “Our thoughts and prayers are with the families and victims of Azerbaijan Airlines flight J28243,” NATO spokesperson Farah Dakhlallah said in a post on the platform X. “We wish those injured in the crash a speedy recovery and call for a full investigation.” Kazakhstan’s senate chairman said…

Meta is betting that characters generated by artificial intelligence will fill its social media platforms in the next few years as it looks to the fast-developing technology to drive engagement with its 3bn users. The Silicon Valley group is rolling out a range of AI products, including one that helps users create AI characters on Instagram and Facebook, as it tries to attract and retain a younger audience. “We expect these AIs to actually, over time, exist on our platforms,…

HARTFORD, Conn. — Former top Coast Guard officials hid a yearslong investigation into sexual assault and harassment at the service’s academy from both Congress and the public after leaders debated the fallout from a potential disclosure, according to a U.S. Senate committee report released Friday. Coast Guard officials also took steps to remove references to the investigation, named Operation Fouled Anchor, from records submitted to Congress, according to the report by the Senate Permanent Subcommittee on Investigations. The report followed…

The Chinese government protested Sunday the latest American announcements of military sales and assistance to Taiwan, warning the United States that it is “playing with fire.” U.S. President Joe Biden on Saturday authorized the provision of up to $571 million in Defense Department material and services and in military education and training for Taiwan. Separately, the Defense Department said Friday that $295 million in military sales had been approved. A Chinese Foreign Ministry statement urged the U.S. to stop arming Taiwan…

OTTAWA – Canada’s Finance Minister Chrystia Freeland unexpectedly resigned on Monday, saying she was no longer on the same page with Prime Minister Justin Trudeau about the best path forward for Canada. Following is the full text of her resignation letter. December 16, 2024 The Right Honourable Justin Trudeau, P.C., M.P. 80 Wellington Street Ottawa, ON KIA 0A2 Dear Prime Minister, It has been the honour of my life to serve in government, working for Canada and Canadians. We have…

Following a comprehensive investigation, the Justice Department announced today that the Mount Vernon, New York, Police Department (MVPD) engages in a pattern or practice of conduct that deprives people of rights secured by the U.S. Constitution and federal law. Specifically, the Justice Department finds that MVPD: Uses excessive force in numerous ways, including by unnecessarily escalating minor encounters and by overusing tasers and closed-fist strikes, particularly against individuals who have already been taken to the ground, are controlled by many…

CHICAGO (AP) — Hours of secretly recorded videos and phone calls have offered a rare glimpse into how the longest-serving legislative leader in American history operated behind closed doors. As the corruption trial of former Illinois House Speaker Michael Madigan stretches into its third month, testimony has covered his multiple alleged schemes, from kickbacks involving the state’s largest utility company to Chinatown developments benefiting his private tax firm. Jurors have heard from a congresswoman, former state legislators and the government’s…

Authorities in two Indian states that are driving its economic growth are drafting tighter workplace rules and inspections to protect white collar employees following the death of a young executive at global consultancy Ernst & Young (EY), which her family blamed on overwork. India’s decades-old labour laws are largely focused on blue-collar workers, leaving others vulnerable to workplace abuse such as punishing work schedules and summary dismissals, unions say. Labour authorities in the states of Maharashtra and Karnataka said they…

TAIPEI (Reuters) – Taiwan’s defence ministry reported a spike in Chinese military activity around the island on Wednesday, including 53 military aircraft, with Taiwan on high alert over Beijing’s latest pressure campaign. China’s military has yet to comment and has not confirmed it is carrying out any military exercises. China, which views democratically governed Taiwan as its own territory, had been expected to launch drills to express its anger at President Lai Ching-te’s tour of the Pacific that ended on…

Ever since the US and its allies imposed sanctions on Russia following the invasion of Ukraine, Western officials have been frustrated by Moscow’s continued ability to get its hands on American technologies to help power its war efforts. Russian weapons recovered from battlefields in the region are chock full of gear from firms like Intel Corp. and Analog Devices Inc., much to the frustration of officials in Washington, Brussels and Kyiv. The nagging question: Why are trade controls failing? A…