Tag: Region US

The Australian Prudential Regulation Authority has slapped BNK Banking Corporation with a $247,500 fine for failing to meet its data reporting requirements to the APRA.  In a statement, the prudential regulator said BNK was 32 days late in filing statistical reports for the month ending Feb. 23 under the Economic and Financial Statistics program. This failure to report data by required deadlines was in breach of the requirements of the Financial Sector (Collection of Data) Act 2001 (FSCODA). Therese McCarthy…

US Department of State Press Statement Matthew Miller, Department Spokesperson July 3, 2023 The United States condemns the Hong Kong Police Force’s issuance of an international bounty for information leading to the arrest of eight pro-democracy activists who no longer live in Hong Kong. The extraterritorial application of the Beijing-imposed National Security Law is a dangerous precedent that threatens the human rights and fundamental freedoms of people all over the world. We call on the Hong Kong government to immediately…

State Department advisory removes concerns about COVID lockdowns but warns of rise in ‘wrongful detentions.’ Alex Willemyns for RFA 2023.07.03 — Americans should reconsider any travel to China due to “arbitrary enforcement of local law,” “exit bans” and “wrongful detentions,” the U.S. State Department says in an updated travel advisory. The update, which is dated Friday, removes concerns about COVID lockdowns but warns of “exit bans on U.S. citizens and citizens of other countries, without fair and transparent process under…

SHANGHAI – China’s major state banks have lowered their US dollar deposit rates for the second time in a month, seven banking sources with direct knowledge of the matter said, as the authorities step up efforts to arrest a slide in the Renminbi currency. Interest rates offered by the “Big Five” state-owned lenders on most dollar deposits are now capped at 2.8 per cent, down from 4.3 per cent previously, said the people. The People’s Bank of China (PBOC), which…

The United States said Monday that ally Israel had a right to “defend its people” against Islamist militants but called for protection of civilians after a major, deadly raid in the occupied West Bank. “We support Israel’s security and right to defend its people against Hamas, Palestinian Islamic Jihad, and other terrorist groups,” a State Department spokesperson said. “It is imperative to take all possible precautions to prevent the loss of civilian lives,” the spokesperson added. The United States, Israel’s…

James S. Crown On Sunday, James S. Crown died in an unusual single-car accident, reportedly on a motorsport racetrack at a “member-owned country club” in Aspen, Colorado. The Pitkin County Coroner’s Office said in a statement that “The official cause of death is pending autopsy, although multiple blunt force trauma is evident.” The Sheriff’s Office indicated that the earliest new information would be made available to the public is next week. In August of last year, Wall Street On Parade made a…

  Editor’s note: This report contains discussion of suicide. Troops, veterans and family members experiencing suicidal thoughts can call the 24-hour Suicide and Crisis Lifeline at 988 or 1-800-273-8255, text 838255 or visit VeteransCrisisLine.net. The number of suicides across the active-duty military increased from 75 in the first quarter of 2022 to 94 in the first quarter of 2023, according to the Defense Suicide Prevention Office. The Pentagon’s office on prevention said to be wary of extrapolating and interpreting the…

Florida Gov. Ron DeSantis has approved a plan to use phosphogypsum, a radioactive waste material, in “demonstration projects.” Here, signs block a roadway in Boca Raton during a construction project in 2021. Florida is another step closer to paving its roads with phosphogypsum — a radioactive waste material from the fertilizer industry — after Gov. Ron DeSantis signed a controversial bill into law Thursday. Conservation groups had urged DeSantis to veto the bill, saying phosphogypsum would hurt water quality and…

While the US mainstream press has a record of ignoring reports concerning alleged misdeeds by the president and the first son, the NYT has claimed it has a source backing some of accusations voiced by IRS supervisory agent-turned whistleblower Gary Shapley. One of Shapley’s bombshell claims is that US Attorney David Weiss – assigned to conduct an investigation into Hunter Biden’s alleged tax crimes – was reportedly told by the DoJ that he could not bring charges against Hunter in…

Wagner head Yevgeny Prigozhin on Monday released the first audio statement since an aborted armed rebellion he staged on Saturday, defending the move as a reaction to an attack on his force that killed some of his 30 fighters. “We started our march because of an injustice,” Prigozhin said in an 11-minute audio. He didn’t offer any details as to where he was at the moment or what his future plans are. Wagner head Yevgeny Prigozhin on Monday released the…

Taiwan’s defense ministry said Saturday that eight Chinese warplanes had crossed the median line of the Taiwan Strait and come close to waters under Taipei’s control. Taiwan lives under constant threat of invasion by China, which views the self-ruled island as part of its territory to be seized one day. On Saturday, Taiwan’s defense ministry said 19 Chinese warplanes including J-10 and J-16 fighters were detected around the island. Eight of them crossed the median line of the Taiwan Strait and approached the island’s contiguous zone, or the band of sea within 24 nautical miles (44…

WASHINGTON — Senior U.S. officials said Wednesday that they were caught off guard when President Joe Biden described Chinese President Xi Jinping as a “dictator” — just 24 hours after Secretary of State Antony Blinken visited Beijing and appeared to reach a breakthrough in tense relations between the countries. Officials privately sought to clarify Wednesday with the Chinese that Biden’s description of Xi does not reflect a new talking point or official policy shift by the administration. Officials said they…

WASHINGTON – The Pentagon said it will be able to spend US$6 billion (S$8 billion) more than originally expected on arms for Ukraine thanks to what it called accounting errors. The Defense Department overstated the value of weapons sent from its stockpiles by US$2.6 billion in fiscal 2022 and US$3.6 billion in fiscal 2023, for a total of US$6.2 billion, deputy spokesman Sabrina Singh told reporters on Tuesday at the Pentagon.  “It’s just going to go back into the pot…

Editor’s note: This story was first published in InvestigateWest, an independent news nonprofit dedicated to investigative journalism in the Pacific Northwest. Subscribe to their newsletter. Amanda Klinksiek knows that when she breaks out in hives, she likely has another problem: mold. Hives tipped Klinksiek off to mold in a previous home. And in September, when she moved into a two-bedroom townhouse at Joint Base Lewis-McChord with her husband and two kids, the itchy red bumps appeared again. Klinksiek, 30, tried…

WASHINGTON (Reuters) -U.S. President Joe Biden’s son Hunter Biden has agreed to plead guilty to two charges of willfully failing to pay income taxes. He will enter into an agreement that could enable him to avoid a conviction on a gun-related charge, according to a court filing on Tuesday. The federal charges against Hunter Biden resulted from an investigation by David Weiss, the U.S. attorney in the Democratic president’s home state of Delaware, who was appointed by Republican then-President Donald…

The Russian government says it will be forced to take retaliatory measures if Western-made F-16 fighter jets appear in the skies over Ukraine. The threat was aired by Moscow’s Foreign Minister Sergey Lavrov during an interview with the RT television channel late last week. According to Lavrov, Russia has issued a “very serious demarche” with regard to the possibility of F-16 aircraft being transferred to Kyiv. He also claimed that the fighter jets would be used by the Ukrainian Armed…