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HONG KONG (AP) — Hong Kong leader John Lee will not attend an upcoming economic conference in the U.S. due to “scheduling issues” despite an earlier appeal to be invited as per convention, following reports that he would be barred from the gathering due to U.S. sanctions. Instead, Hong Kong’s financial minister Paul Chan will attend as a representative of Hong Kong on Lee's behalf. Lee himself had appealed to the U.S. to act in accordance with convention and send invitations to all member economies, including Hong Kong. Political Cartoons View All 1227 ImagesHe was sanctioned in 2020 together with 10 other Hong Kong officials, including previous chief executive Carrie Lam, for undermining the city's autonomy. Lee was previously Hong Kong’s security minister and oversaw the crackdown on the pro-democracy movement in the city following the 2019 anti-government protests.

Persons: Hong, John Lee, Lee, Paul Chan, Carrie Lam, Wang Yi, Joe Biden, Antony Blinken, Jake Sullivan Organizations: Hong, Economic, APEC, The Washington Post, British, U.S, White Locations: HONG KONG, Hong Kong, U.S, Asia, San Francisco, China, United States, The, Beijing, “ Hong Kong

☆ Former Wells Fargo Executive Avoids Prison in Sham Accounts Scandal
▼ + stars: | 2023-09-15 | by ( Stacy Cowley | More About Stacy Cowley | ) www.nytimes.com time to read: +1 min

A former top Wells Fargo executive avoided prison time for her role in the bank’s sham accounts scandal, after a federal judge on Friday instead sentenced her to six months of home confinement and three years of probation. She is also ordered to pay a $100,000 fine and perform 120 hours of community service. The former executive, Carrie L. Tolstedt, who was head of retail banking at Wells Fargo, was the only high-ranking executive at the bank to be criminally charged for its misdeeds. She plead guilty this year to one criminal charge of obstructing a bank examination. Prosecutors had sought a 12-month prison sentence, saying in a legal filing that imprisoning Ms. Tolstedt, 63, would be a “general deterrence to other executives who might find themselves tempted to skirt the truth.”Ms. Tolstedt’s lawyers had pressed for probation, citing similar sentences in other cases and invoking Ms. Tolstedt’s “lifelong charitable works.” Both the prosecution and the defense also cited Ms. Tolstedt’s health issues, the details of which had been redacted from the public versions of legal filings, as a factor favoring leniency.

Persons: Carrie L, Tolstedt, Prosecutors, Ms, Tolstedt’s Organizations: Wells Locations: Wells Fargo

☆ U.S. farm incomes seen to fall in 2023, after hitting record highs
▼ + stars: | 2023-02-07 | by ( P.J. Huffstutter | ) www.reuters.com time to read: +2 min

Net farm income - which is a broad measure of profits in the agricultural economy, according to the agency - is forecast to reach $136.9 billion in 2023 in nominal dollars, down nearly 16% from a year earlier. The agency said the drop follows 2022 net farm income hitting a high of $162.7 billion, in nominal dollars, and $140.9 billion in 2021. When adjusted for inflation, net farm income is forecast to fall $30.5 billion, or 18.2%, in 2023 compared with a year earlier. Still, the USDA noted, this year's net farm income is expected to be nearly 27% above its 20-year average, in inflation-adjusted dollars. While farm sector debt is forecast to continue to increase, so is farm equity, mostly due to rising land and equipment values, said USDA Economic Research Service economist Carrie Litkowski.

☆ Lawyers exit Hong Kong as they face campaign of intimidation
▼ + stars: | 2022-12-29 | by ( ) www.reuters.com time to read: +18 min

The event that precipitated his hasty departure, Vidler said, was the appearance of articles in the state-backed media in Hong Kong about him. “This was in my view state-sponsored intimidation and harassment,” said Vidler, whose wife and children later left Hong Kong. One Hong Kong solicitor who has relocated to England told Reuters that she knew of at least 80 Hong Kong lawyers who had moved to Britain since the security law was imposed in June 2020. Another lawyer, now living in Australia, estimated that several dozen Hong Kong lawyers had moved there. Mainland officials have long sought influence over these two influential bodies, according to senior Hong Kong lawyers.

Amazon quietly donated $400,000 to a conservative nonprofit last year as the group pushed back on antitrust bills being considered in Congress, according to documents reviewed by CNBC. The donation is tied for the second-highest contribution listed on the documents showing last year's top donors to the conservative nonprofit. She wrote, "antitrust efforts such as this bill, are not protecting consumers, but reducing their choices and driving up prices." The Independent Women's Forum was also among 30 organizations that co-signed an Oct. 2021 open letter to Senate lawmakers pushing back on antitrust legislation. We have highlighted our concerns about big tech censorship and publicly criticized what we see as censorship of conservative views.

☆ Hong Kong wins over Goldman Sachs and other bank CEOs after lifting strict Covid rules
▼ + stars: | 2022-09-29 | by ( Michelle Toh | ) edition.cnn.com time to read: +4 min

Hong Kong CNN Business —Hong Kong has finally secured commitments from some of the world’s biggest banks to participate in a long-awaited summit, as it seeks to reaffirm its status as a global financial hub. Under the current rules, travelers are free to move around, although they may not be allowed into restaurants or bars during the first three days of their stay. The summit was announced by Hong Kong Financial Secretary Paul Chan in February. Hong Kong is the base for JPMorgan’s Asia Pacific headquarters, as well as those of many other financial firms. Now, the conference will be an important part of the city’s efforts to show that it’s truly reopened for global business.

☆ Şefa executivului din Hong Kong care a fost sancţionată de SUA, nu mai beneficiază de cont bancar
▼ + stars: | 2020-11-28 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Şefa executivului din Hong Kong, Carrie Lam, a declarat că are ''stive de numerar'' acasă, neavând niciun cont bancar de când Statele Unite i-au impus sancţiuni, relatează AFP.Carrie Lam este vizată, alături de alţi 14 înalţi oficiali, de sancţiuni americane după decizia Beijingului de a impune la sfârşitul lunii iunie o nouă lege strictă de securitate naţională pe teritoriul semi-autonom al Hong Kong-ului, scrie agerpres.ro Decizia Washingtonului a îngheţat activele americane ale celor 15 lideri şi incriminează orice tranzacţie financiară în Statele Unite.Într-un interviu acordat canalului de televiziune local HKIBC, difuzat vineri seară, lidera a declarat că ''foloseşte numerar în fiecare zi pentru tot felul de lucruri''. ''În faţa dumneavoastră se află şefa executivului din Hong Kong care nu are un cont bancar", a declarat Carrie Lam pentru HKIBC. ''Am stive de bani acasă, guvernul îmi plăteşte salariul în numerar'', a spus ea, adăugând că este ''foarte onorabil'' să fie ''sancţionată în mod nejustificat'' de către guvernul SUA.Câştigând 5,21 milioane de dolari din Hong Kong (672.000 de dolari americani) pe an, Carrie Lam se numără printre cei mai bine plătiţi lideri din lume.

Persons: Carrie Lam, Lam Locations: Hong Kong, Statele Unite, Statele

☆ (foto) Cum arată dormitoarele tinerelor în diferite țări ale lumii
▼ + stars: | 2016-01-26 | by ( Onixmedia Srl | Angelina Aduce Cititorilor | Diez Informații Utile Din Sfera Educației Și Doza De Relaxare Din Lifestyle. Îi Place Jurnalismul | ) diez.md time to read: +1 min

Fiecare țară are propria cultură, propriile obiceiuri, oameni care arată, gândesc și se comportă diferit. Modul de a ne amenaja casa, grădina sau propria cameră, la fel este o urmare a felului în care am fost crescuți și a societății din care facem parte. Fotografii italieni Gabriele Galimberti și Edoardo Delille au călătorit în diferite orașe ale lumii pentru a realiza, într-un final, o serie de fotografii care ne arată cum sunt dormitoarele tinerelor cu vârsta cuprinsă între 18 și 30 de ani. Diferența este uimitoare: de la mobilă luxoasă și curățenie impecabilă, până la decorații „rebele” și dezordine. Proiectul evidențiază diferența dintre oameni, cultură, preferințe și nivelul de trai al acestora.

Persons: Gabriele Galimberti, Katja, Susanna, Giselle Diaz, Cynthia Maria Aramoni, Rachel, Eugenie, Van, Vanessa Stivens, Jessica Tiago, Jacqueline Jane Jakulan, Carrie Lee, Celine Van de Velde, Altidon Rose, Aisha Mohhamed Locations: Germania, Thailanda, Maaike, Olanda, Cambodgia, Franța, Egipt, Brazilia, Liban, Bogol, Camerun, Rachel Hamburg, SUA, Italia, Grecia, China, California, Silva, Emiratele Arabe, India, Turcia, Altidon, Haiti, USA

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