The Senate on Thursday defeated a Republican amendment that attempted to block President Joe Biden’s announced mandate for private businesses with 100 or more workers. Sen. Roger Marshall (R-Kan.) introduced the amendment (pdf) to a government funding measure, blocking the usage of federal money for COVID-19 vaccine mandates. Republicans and Democrats split 50-50 on the vote,…
Senate Votes Down Republican Amendment to Block Biden Vaccine Mandate
Jan. 6 House Panel Subpoenas Organizers of Rallies That Preceded Capitol Breach
The select House of Representatives panel that is probing the Jan. 6 U.S. Capitol breach has subpoenaed organizers of rallies that took place before the riot. The committee wants Katrina Pierson, a former Trump campaign official; Amy Kremer, founder and chair of Women for America First; and Kremer’s daughter Kylie, executive director of Women for…
UK Economic Rebound Stronger Than First Thought in Second Quarter
The UK’s economic bounce-back was faster than first thought in the second quarter as spending surged after lockdowns lifted, according to official figures. The Office for National Statistics (ONS) said gross domestic product (GDP) increased by 5.5 percent between April and June after being revised up from the initial estimation of 4.8 percent. The ONS…
Poor Country Debt Could Worsen Due to Commodity Prices, Interest Rates: Malpass
September 30, 2021
admin
AfricaBusiness & EconomycommoditycountryDavid MalpassdebtDistrict of ColumbiaEconomiesInternationalLocal NewspoorpricesRegional-Local NewsUSWorldWorld Bank
0 Comment
CAIRO—The debt situation for poor countries could worsen due to volatile commodity prices and higher interest rates, World Bank President David Malpass said on Thursday, urging countries to begin a gradual fiscal consolidation to maintain investor confidence. As of mid-2021, over half of the world’s poorest countries “are in external debt distress, or at risk…
Breakthrough COVID-19 Infections Disrupt ‘Aladdin’ Reopening, In-person Harvard Classes
September 30, 2021
admin
AladdinAMERICACCP ViruseducationHarvardLocal NewsNew YorkNYC City LifeRegional-Local NewsUSUS NewsVaccines & Safety
0 Comment
Breakthrough COVID-19 infections canceled a Broadway performance of “Aladdin” a day after it reopened for the first time in more than a year due to the pandemic. Producers of the Disney-backed performance told the audience at 7 p.m. on Wednesday that its testing protocols detected CCP (Chinese Communist Party) virus cases at The New Amsterdam…
China Evergrande to Sell $1.5 Billion Stake in Shengjing Bank to State Firm
September 30, 2021
admin
bankBusiness & EconomyChinaChina Business & EconomyChina Evergrande GroupChinese RegimeInternationallendersMarketsSocial IssuesWorld
0 Comment
HONG KONG—Scrambling to avoid defaulting on its debts, cash-strapped China Evergrande Group said on Wednesday it plans to sell a 9.99 billion yuan ($1.5 billion) stake in Shengjing Bank Co Ltd to a state-owned asset management company. Shengjing Bank, one of the main lenders to Evergrande, had demanded that all net proceeds from the disposal…
Variable Interest Entities: China’s Trillion Dollar Shell Game
September 30, 2021
admin
Cayman Island shell companiesCheating Wall StreetChinaChina Business & EconomyCorporations TrappedOpinionrisksSpecial Topicsthe U.S. Securities and Exchange Commission (SEC)Thinking About ChinaVariable Interest Entities (VIE)Viewpoints
0 Comment
News Analysis U.S. investors have trillions of dollars invested in Chinese variable interest entities (VIEs) without knowing it. These are illegal contracts under Chinese law and could be shut down by Chinese regulators at any time. When U.S. investors buy shares of Chinese companies, particularly internet companies, on NYSE and NASDAQ, they generally do not…
Customers Face £30-a-Month Price Hike When UK Energy Companies Go Bust
Consumers who are moved to a new energy firm after their supplier goes out of business stand to pay almost £30 ($41) a month more, Citizens Advice has found. The energy watchdog warns people will face “desperate choices” this winter after finding that customers of the five largest failed suppliers are set to pay £6.70…
H&M’s Sept Sales Hit by Supply Delays After Profit Tops Pre-Pandemic Level
STOCKHOLM—Supply disruptions hampered H&M’s sales in September, the Swedish retailer said on Thursday, after its June-August profit surpassed expectations and pre-pandemic levels. Disruptions to the global economy during the pandemic have upset global supply chains, leading to shortages of goods as well as containers, storage and drivers for the transportation of goods, and causing a…
Tow Truck Driver Pleads Guilty to Using Vehicle to Steal Cars
FULLERTON, Calif.—A tow truck driver with a criminal record has been sentenced to 270 days in jail for using his vehicle to steal several cars in Fullerton, according to court records obtained Sept. 29. Kevin Patrick Cannata, 36, of Anaheim, used his tow truck to steal vehicles between mid-February and March 13, police said. Cannata…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta