Tag: All Regions

Are banks cashing in at the expense of competition?

The trend of banks increasing their net interest margins and channeling their efforts into loan refinancing has raised concerns that it will reduce competition in the lending market. This shift could have significant implications for borrowers and the broader economy, according to Peter James (pictured above), director of non-bank lender Mortgage Ezy. “Banks are notorious for fattening their net interest…

EU steps up training for Ukrainian soldiers

Once through the grandiose gates of the infantry academy opposite the old town of Toledo, south of Madrid, it takes just a few minutes to reach the confines of the barracks on foot. In a large courtyard bathed in late-August sunshine, some 50 Ukrainian recruits were waiting to be called forward. “They just arrived last night,” said Lieutenant-Colonel Cortes. “And…

U.S. Child poverty more than doubles — a year after hitting record low, Census data shows

The poverty rate in the U.S. has risen dramatically in the year since pandemic benefits ran out — and the child poverty rate has more than doubled, according to U.S. Census Bureau data released Tuesday. Just a year ago, the Census Bureau found child poverty had hit a historic low. Experts point to the expanded child tax credit as key…

BAE Systems Hägglunds purchases Iron Fist from Israeli firm for $109 million

JERUSALEM — Elbit Systems will supply the Swedish BAE Systems Hägglunds with its Iron Fist Active Protection System for CV90s in a deal worth $109 million, the Israeli firm announced Tuesday. Elbit noted the systems are intended for a European country, but declined to identify it. Based on previous publications by BAE, it is likely the client is Slovakia. BAE…

Miami Medical Clinic Owner and Pharmacist Convicted for Clinical Trial Fraud Scheme

FOR IMMEDIATE RELEASE Thursday, September 7, 2023 A jury in Miami convicted two defendants on Sept. 5 in a scheme involving the falsification and fabrication of clinical trial data. On Sept. 5, Miguel Angel Montalvo Villa, 53, and Ivette Maria Portela Martinez, 53, both of Miami, were each convicted of one count of conspiracy to commit wire fraud and one…

Belarus’s Lukashenka Sets Passport Trap To Lure Opponents Back Home

By Raman Vasyukovich, RFE/RL’s Belarus Service, Tony Wesolowsky September 09, 2023 Alyaksandr Lukashenka, the de facto ruler of Belarus, is setting a trap, his opponents say, for those who fled abroad to escape his repressive rule. No longer will Belarusian embassies issue or renew passports to nationals living abroad, according to a fresh edict from Lukashenka published on September 4….

In northeastern Syria, Arab tribes rebel against the domination of Kurdish forces

An unprecedented tribal protest in the province of Deir ez-Zor is putting the Kurdish forces administering northeastern Syria to the test. After 11 days of clashes with tribal fighters in this predominantly Arab region, which killed at least 90 people, the Kurdish-dominated Syrian Democratic Forces (SDF) announced on Wednesday, September 6, that they had regained control of the few villages…

BBC ‘disinformation’ correspondent busted spreading disinfo on her own bio

  The BBC’s Marianna Spring specializes in branding average citizens as conspiracy theorists and potential terrorists for questioning official claims. When caught lying about her own professional record to advance her ambitions, she says she thought her deceit “wouldn’t be a big deal.” On September 6th, The New European reported that BBC’s “specialist disinformation correspondent” Marianna Spring lied on her résumé…

G20 summit declaration has no condemnation of Russia’s war in Ukraine

  NEW DELHI, Sept 9 (Reuters) – Countries must refrain from use of force to seize territories, G20 countries said in a joint declaration at their summit in New Delhi on Saturday, avoiding any direct mention of Russia for the war in Ukraine. “In line with the U.N. Charter, all states must refrain from the threat or use of force…

Western Allies Begin Major Baltic Sea Naval Drills

Western allies kicked off a major naval exercise in the Baltic Sea on Saturday amid rising tensions with Russia over the conflict in Ukraine. About 3,200 soldiers from 14 countries are taking part in the German-led Northern Coasts 23 exercise, the German navy said in a statement. The exercise will involve 30 ships, submarines, up to 19 aircraft, and various…

U.S.-Armenia joint military drills undermine regional stability: Kremlin

MOSCOW, Sept. 8 (Xinhua) — The upcoming joint U.S.-Armenian military exercises do not contribute to the stabilization of the situation in the region, Kremlin Spokesman Dmitry Peskov said Thursday. Peskov said that these exercises are also not conducive to fostering an atmosphere of mutual trust in the region. Moscow continues to work with both Armenia and Azerbaijan amid an escalation…

A JPMorgan Court Filing Shows Another Bank Exec Visited Jeffrey Epstein’s Residences 13 Times – Two More Times than Jes Staley

  JPMorgan Chase is in a protracted legal battle in a federal district court in Manhattan over highly credible allegations that it “actively participated” in Jeffrey Epstein’s sex-trafficking of minors. The lawsuit has been brought against JPMorgan Chase by the Attorney General of the U.S. Virgin Islands where Epstein owned a private island compound that was a frequent venue of…

Report: Elon Musk ‘turned off’ Starlink to thwart Ukrainian attack and prevent nuclear response

Elon Musk secretly ordered his engineers to turn off his company’s Starlink satellite communications network near the Crimean coast last year to disrupt a Ukrainian sneak attack on the Russian naval fleet, according to an excerpt adapted from Walter Isaacson’s new biography of the eccentric billionaire titled “Elon Musk.”As Ukrainian submarine drones strapped with explosives approached the Russian fleet, they…

US announces new $600 million aid package for Ukraine

The Pentagon announced a new $600 million package of long-term aid to Ukraine on Thursday, providing funding for an array of weapons and other equipment just a day after Secretary of State Antony Blinken visited the country and pledged $1 billion in new military and humanitarian aid. The Defense Department said the latest package will come through the Ukraine Security Assistance Initiative,…

Former Trump adviser Peter Navarro found guilty for defying Jan. 6 committee subpoena; faces 1-yr in prison

Former Trump adviser Peter Navarro was found guilty Thursday of two counts of criminal contempt of Congress for defying a subpoena from the House committee charged with investigating the Jan. 6 attack on the U.S. Capitol. A federal jury deliberated for less than four hours before issuing its verdict. Navarro, 74, is now the second former aide to the former…

U.S. Air Force test-launches unarmed nuclear missile

The Air Force launched an unarmed Minuteman III intercontinental ballistic missile over the Pacific Ocean in a routine test early Wednesday, the service said in a release. The missile was fired from Vandenberg Space Force Base, California, around 1:30 a.m. local time, and traveled about 4,200 miles to the Marshall Islands, where the U.S. has conducted nuclear weapons tests for…