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☆ Exiled Chinese businessman stole millions from followers, US prosecutor says
▼ + stars: | 2024-07-10 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

Guo Wengui (also known as Miles Kwok) holds a news conference with Steve Bannon in New York, New York, U.S., November 20, 2018. Finkel showed jurors videos of Guo wearing sunglasses and standing on the deck of a yacht pitching investments. "Was Miles Guo targeted by the CCP? Prosecutors say Guo used multiple aliases, including Miles Guo and Miles Kwok. Guo paid Bannon $1 million as part of a consulting contract designed to lend legitimacy to his anti Chinese Communist Party movement, Finkel said.

Persons: Guo Wengui, Miles Kwok, Steve Bannon, Carlo Allegri, Ryan Finkel, Guo, Finkel, Miles Guo, Donald Trump, Bannon, Luc Cohen, Noeleen Walder, Leslie Adler Organizations: REUTERS, Lamborghini, CCP, Chinese Communist Party, Prosecutors, Thomson Locations: New York , New York, U.S, Manhattan, Connecticut, China, New York

Climate control activists are led away by the NYPD after being detained outside the global headquarters of Citigroup in New York City, U.S., June 28, 2024. REUTERS/Kent J. Edwards Purchase Licensing Rights New Tab , opens new tabItem 1 of 6 Climate control activists are led away by the NYPD after being detained outside the global headquarters of Citigroup in New York City, U.S., June 28, 2024. REUTERS/Kent J. EdwardsCompanies Company Citigroup Inc FollowJune 28 (Reuters) - Dozens of climate activists were arrested after protesting at Citigroup's (C.N) New Tab , opens new tab headquarters in New York on Friday as part of what they called a "Summer of Heat" campaign. The activists expected more than 1,000 people to participate in the demonstration, according to a statement ahead of the protest. New Tab , opens new tabSave Share XFacebookLinkedinEmailLink Purchase Licensing Rights

Persons: Kent J, Roishetta Ozane, Burns, summonses, Makailah Gause, Jacqueline Wong, Lananh Nguyen, Leslie Adler Organizations: NYPD, Citigroup, REUTERS, Edwards Companies Company Citigroup, Police, New York City Police Department, Citi, Reuters, Thomson Locations: New York City, U.S, New York, Manhattan, Citi's, New

Many merchants and trade groups including the National Retail Federation opposed the accord, saying card fees would remain too high, while Visa and Mastercard would retain too much control over card transactions. The decision could force Visa and Mastercard to negotiate a settlement more favorable to merchants, or go to trial. Visa and Mastercard said they were disappointed with the outcome. Some U.S. senators have promoted legislation, the Credit Card Competition Act, to let merchants use other payment networks to process Visa and Mastercard transactions. The judge's decision does not affect an earlier $5.6 billion class action swipe fee settlement among Visa, Mastercard and about 12 million merchants.

Persons: Brendan McDermid, Margo Brodie, Brodie, Nilson, Doug Kantor, Jonathan Stempel, Deepa Babington, Leslie Adler Organizations: Mastercard Inc, New York Stock Exchange, REUTERS, Companies, Mastercard, National Retail Federation, Visa, National Association of Convenience Stores, U.S, Merchant Discount Antitrust Litigation, Court, Eastern District of, Thomson Locations: New York City, U.S, Brooklyn, Manhattan, Eastern District, Eastern District of New York, New York

Moreover, the partnership will enable Rivian to cut operating costs by leveraging volumes of supplies including chips and components, he said. It will also help Rivian, known for its flagship R1S SUVs and R1T pickups, turn cashflow positive. Volkswagen will immediately invest $1 billion in Rivian through a note that will convert to stock on Dec. 1, subject to regulatory approvals. The German automaker will also invest $2 billion in Rivian stock - $1 billion each in 2025 and 2026 - subject to the startup hitting certain milestones, and provide a $1 billion loan in 2026. Rivian stock has halved so far this year.

Persons: Stephane Mahe, RJ Scaringe, Vitaly Golomb, Herbert Diess, Diess, Rivian, Scaringe, Sam Fiorani, Mavka Capital's Golomb, VW's Cariad, Abhirup Roy, Ben Klayman, Noel Randewich, Christina Amann, Harshita Varghese, Sayantani Ghosh, Rod Nickel, Matthew Lewis, Leslie Adler Organizations: Volkswagen, REUTERS, Reuters, JV, Audi, Porsche, Lamborghini, Bentley, Volkswagen Group, Mavka, VW, AutoForecast Solutions, Traders, S3 Partners, Rivian, Thomson Locations: Reze, Nantes, France, Europe, Asia, North America, U.S, German, South Carolina, San Francisco, Detroit, Oakland , California, Berlin, Bengaluru

☆ Truce Talks Between Israel and Hamas to Resume Sunday in Cairo, Egyptian Television Station Says
▼ + stars: | 2024-03-30 | by ( March | At P.M. | ) www.usnews.com time to read: +3 min

A Hamas official however told Reuters the group would wait to hear from Cairo mediators on the outcome of their talks with Israel first. Hamas has sought to parlay any deal into an end to the fighting and withdrawal of Israeli forces. Israel has ruled this out, saying it would eventually resume efforts to dismantle the governance and military capabilities of Hamas. The Israeli military said forces operating in Al Shifa killed three armed Hamas commanders inside two buildings of the medical facility. Hamas and medical staffers deny any armed presence inside medical facilities, accusing Israel of killing and arresting civilians.

Persons: Nidal, Al, Israel, Jihad, Al Shifa, Enas Alashray, Ahmed Tolba, Dan Williams, Leslie Adler, Giles Elgood Organizations: Al Qahera News, Reuters, Israel, Hamas, Forces, AK, Islamic Locations: Enas, CAIRO, Israel, Cairo, Gaza, Qatar, Egypt, Palestinian, Gaza City, Al

☆ Peru Awards China's Jinzhao $405 Million Port Construction Contract
▼ + stars: | 2024-03-22 | by ( March | At P.M. | ) www.usnews.com time to read: +1 min

By Marco AquinoLIMA (Reuters) - The Peruvian government said on Friday it has awarded a subsidiary of Chinese firm Jinzhao a contract to build a port in the south of the Andean nation, expected to require $405 million in investments. As part of the deal, Jinzhao Peru will receive a concession to operate the port for 30 years, according to the head of state investment agency Proinversion, Jose Salardi. With the project, Jinzhao will become the second Chinese firm to build and operate a port in Peru, one of the world's top copper producers. In the north of Peru, a subsidiary of Chinese firm Cosco Shipping Ports is building a "megaport" set to kick off operations at the end of this year. Jinzhao's port, in the southern region of Ica, is near its Pampa de Pongo iron project, set to require a $2.34 billion investment in its "pre-feasibility stage."

Persons: Marco Aquino LIMA, Proinversion, Jose Salardi, Salardi, Marco Aquino, Kylie Madry, Leslie Adler Organizations: Reuters, Jinzhao, Cosco Shipping Locations: Peruvian, Jinzhao Peru, Peru, Ica, Pampa

☆ Biden, Trump Remain Locked in Tight Rematch After Special Counsel Report: Reuters Poll
▼ + stars: | 2024-02-13 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) - President Joe Biden and his leading Republican challenger Donald Trump remain locked in a tight election rematch, after a special prosecutor's report commenting on the Democratic incumbent's mental acuity, a Reuters/Ipsos poll found. The four-day poll, which closed on Monday, showed former President Trump with the support of 37% of respondents, compared with 34% support for Biden, at the edge of the survey's 2.9 percentage point margin of error. The finding showed a closer race than a poll last month that found Trump holding a 6 percentage point lead. It also showed that one potential major political liability facing Trump is the ongoing four criminal prosecutions he faces. One in four self-identified Republicans and about half of independents responding said they would not vote for Trump if he was convicted of a felony crime by a jury.

Persons: Joe Biden, Donald Trump, Trump, Robert Hur, Biden, Jason Lange, Scott Malone, Leslie Adler Organizations: WASHINGTON, Republican, Democratic, Reuters, Biden, Trump, Electoral

☆ US Conducts More Strikes on Houthi Targets in Yemen
▼ + stars: | 2024-02-08 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

By Kanishka SinghWASHINGTON (Reuters) - The U.S. Central Command forces on Thursday conducted seven "self-defense" strikes against four Houthi unmanned surface vessels and seven mobile anti-ship cruise missiles that were prepared to be launched against ships in the Red Sea, the U.S. military said. The Houthi campaign has disrupted international shipping. The United States and Britain have recently launched strikes on Houthi targets in Yemen and returned the militia to a list of "terrorist groups." U.S. President Joe Biden said in January that strikes on Houthi targets would continue even as he acknowledged they may not be halting their attacks. The Gaza health ministry says over 27,000 people have been killed in the densely populated enclave since.

Persons: Kanishka Singh WASHINGTON, CENTCOM, Joe Biden, Kanishka Singh, Sandra Maler, Leslie Adler Organizations: U.S . Central Command, U.S, U.S . Navy, Hamas Locations: Red, Iran, Yemen, Gulf of Aden, Gaza, United States, Britain, Israel, Houthi, Asia, Europe

☆ Five Armed Haiti Environment Agents Killed in Clash With Police
▼ + stars: | 2024-02-07 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

PORT-AU-PRINCE (Reuters) - At least five agents of Haiti's BSAP, an armed environmental agency that in recent years has evolved into a paramilitary body, were killed in a shootout with national police in Port-au-Prince on Wednesday, the police trade union told reporters. Haiti's national police did not immediately respond to a request for more details, or whether there had been any police casualties. Henry, who assumed power after the assassination of Haiti's last president in 2021, last week called on BSAP members to register with the country's environmental ministry in an apparent crackdown against the agency. Henry is expected to give a national address later on Wednesday. (Reporting by Harold Isaac and Steven Aristil in Port-au-Prince; Writing by Sarah Morland and Kylie Madry; Editing by Leslie Adlerby)

Persons: Haiti's, Ariel Henry, Guy Philippe, AyiboPost, Philippe, Jean, Bertrand Aristide, Henry, Harold Isaac, Steven Aristil, Sarah Morland, Kylie Madry, Leslie Adlerby Organizations: PORT, Reuters, Prince, Local Locations: Port, Haiti, U.S

☆ Ukraine Tells White House of Plan to Fire Top Commander -Sources
▼ + stars: | 2024-02-02 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

By Max Hunder and Steve HollandDONETSK REGION, UKRAINE/WASHINGTON (Reuters) - The Ukrainian government has informed the White House that it plans to fire the country's top military commander overseeing the war against Russian occupation forces, two knowledgeable sources said on Friday. The Latest Photos From Ukraine View All 91 ImagesA second knowledgeable source said that the White House did not express a position one way or the other on the plan to replace Zaluzhnyi. "I would emphasize that the White House response was that we did not support or object to their sovereign decision," said the source, who request anonymity in order to discuss the issue. "The White House expressed that it is up to Ukraine to make its own sovereign decisions about its personnel," the source continued. The Washington Post was first to report that Ukraine had informed the White House of the plan to fire Zaluzhnyi.

Persons: Max Hunder, Steve Holland, General Valeriy Zaluzhnyi, Volodymyr Zelenskiy, Zaluzhnyi, Jonathan Landay, Leslie Adler, Cynthia Osterman Organizations: Ukrainian, Washington Post Locations: Steve Holland DONETSK REGION, UKRAINE, WASHINGTON, Ukraine, .

☆ IMF, Egypt Agree on 'Main Policy Elements' of Economic Reform Programme
▼ + stars: | 2024-02-01 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

CAIRO (Reuters) - The International Monetary Fund said on Thursday it had agreed with Egypt on the key policy components of an economic reform programme, in a further sign that a final deal to augment the country's $3 billion loan is nearing completion. Ivanna Vladkova Hollar, the IMF mission chief for Egypt, said both sides had made "excellent progress" on the discussions of a comprehensive policy package that could kickstart long-delayed reviews of the country's economic reform programme. "To this end, the IMF team and the Egyptian authorities have agreed on the main policy elements of the program. The authorities expressed a strong commitment to act promptly on all critical aspects of Egypt's economic reform program," Hollar said in a statement. The Egyptian pound, fixed at 30.85 to the dollar since then, has been trading on the black market as low as 71 pounds.

Persons: Ivanna Vladkova Hollar, Hollar, Kristalina Georgieva, Hatem Maher, Jacqueline Wong, Leslie Adler Organizations: Monetary Fund, IMF Locations: CAIRO, Egypt, Israel, Gaza, Cairo

☆ US Needs to Build Marshall Islands' Trust Over Cold War Nuclear Dump -US Agency
▼ + stars: | 2024-01-31 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

The U.S. conducted 67 nuclear bomb tests on the Marshall Islands from 1946 to 1958. In the late 1970s it deposited radioactive soil and debris from six of the islands into an unlined crater created by one of the tests. The Department of Energy, which in the report concurred with the recommendation, did not immediately respond to a request for comment. The Marshall Islands embassy in Washington did not immediately respond to a request for comment. It also examines radioactive contamination in Greenland resulting from U.S.

Persons: Timothy Gardner WASHINGTON, Tom Carper, Timothy Gardner, David Brunnstrom, Leslie Adler Organizations: U.S, Office, U.S . Congress, RMI, Department of Energy, DOE, GAO, Marshall, Democrat Locations: U.S, Republic, Marshall, Washington, Spain, Greenland

☆ Moldovan Negotiator Rules Out Moscow Role in Solving Separatist Issue
▼ + stars: | 2024-01-28 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +3 min

Deputy Prime Minister Oleg Serebrian made his comments on national radio as Moldova's pro-European government pressed ahead with its drive to secure European Union membership. "Returning to that format for a peaceful settlement depends on improved relations between Moscow and Kyiv," he said. Prime Minister Dorin Recean on Saturday announced in a video presentation that Cristina Gherasimov, previously foreign ministry secretary of state, would serve as European integration minister and chief negotiator in negotiations on EU membership. Gherasimov will also head a new European Integration Bureau dedicated to proceeding with those talks. Her appointment, and that of new Foreign Minister Mihail Popsoi, followed the resignation last week of Foreign Minister Nicu Popescu.

Persons: Alexander Tanas CHISINAU, Oleg Serebrian, Serebrian, Maia Sandu, Russia's, Transdniestria, Dorin Recean, Cristina Gherasimov, Gherasimov, Mihail Popsoi, Nicu Popescu, Alexander Tanas, Ron Popeski, Leslie Adler Organizations: European Union, European Affairs, EU, Saturday, Integration Bureau Locations: Russian, Russia, Ukraine, United States, Moscow, Kyiv, Romania, Moldova

☆ North Korea Tests Submarine-Launched Cruise Missiles, KCNA Says
▼ + stars: | 2024-01-28 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

By Jack KimSEOUL (Reuters) -North Korea tested its new strategic cruise missiles for the second time in a week on Sunday, calling it a newly developed submarine-launched cruise missile (SLCM), accelerating its navy's nuclear armament, state news agency KCNA reported on Monday. Leader Kim Jong Un supervised the test of the missile, called "Pulhwasal-3-31," which is identical to the strategic cruise missiles that the North said last week were under development. South Korea's military said on Sunday that the North fired multiple cruise missiles off its coast but did not provide details. North Korea's ballistic missiles are typically more controversial and are explicitly banned under U.N. Security Council resolutions. But analysts have said intermediate-range cruise missiles were no less a threat than ballistic missiles and are a serious capability for North Korea.

Persons: Jack Kim SEOUL, KCNA, Kim Jong Un, Kim, Jack Kim, Andrew Cawthorne, Lisa Shumaker, Leslie Adler Organizations: . Locations: North Korea

☆ Trump White House Pharmacy Improperly Provided Drugs and Misused Funds, Pentagon Report Says
▼ + stars: | 2024-01-28 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

By Ahmed AbouleneinWASHINGTON (Reuters) - The White House Medical Unit during the Trump administration provided prescription drugs, including controlled substances, to ineligible staff and spent tens of thousands of dollars more on brand-name drugs than what generic equivalents would have cost, a Pentagon report shows. The unit, part of the White House Military Office, did not comply with federal government and Department of Defense guidelines, the report, which was released on Jan. 8, found. Ineligible staffers received free specialty care and surgery at military medical facilities and were provided with prescription drugs including controlled substances, in violation of federal law, the report also found. "The White House Medical Unit's pharmaceutical management practices ineffectively used DoD funds by obtaining brand‑name medications instead of generic equivalents and increased the risk for the diversion of controlled substances," it said. Opioids and sleeping medications were not properly accounted for and were tracked using error-filled or unreadable handwritten records, the report said.

Persons: Ahmed Aboulenein WASHINGTON, Trump, ineffectively, Barack Obama, Donald Trump, Lester Martinez, Lopez, Ahmed Aboulenein, Leslie Adler Organizations: White, Medical Unit, Pentagon, Military Office, Department of Defense, Medical, Military Health

☆ UN Urges Measures to Stop Arms Trafficking Fueling Haiti's Gang Wars
▼ + stars: | 2024-01-25 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +3 min

By Sarah Morland(Reuters) - The head of the United Nation's drugs and crime office on Thursday warned of a "vicious cycle" of arms trafficking to increasingly powerful Haitian gangs, fueling an internal conflict and worsening violence across the Caribbean. "It's more important than ever to take every measure possible to prevent illicit flows," the UNODC's executive director, Ghada Waly, told a U.N. Security Council meeting, saying arms trafficking and gang activity were feeding off each other. A recent UNODC report found that most illegal firearms seized in Haiti came from the United States, notably Florida, Arizona, Georgia, Texas and California. After the Dominican Republic shut its border with Haiti, smugglers were turning to more remote routes including clandestine airstrips, the report said. No date has been set for deployment, which Haiti requested in October 2022.

Persons: Sarah Morland, Ghada Waly, U.N, Robert Wood, Kenya's, Tirana Hassan, Hassan, Jose de la, Michelle Nichols, Leslie Adler Organizations: Reuters, Security, Taurus, Glock, Beretta, Smith, Wesson, Kenyan, Rights Watch, Tirana Locations: Haiti, United States, Florida , Arizona, Georgia, Texas, California, Caribbean, U.S, Dominican Republic, Ecuador

☆ Oil Refinery in Southern Russia Ablaze -News Agencies Quote Officials
▼ + stars: | 2024-01-24 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - A fire broke out at a large oil refinery in the southern Russian town of Tuapse on Wednesday and emergency teams were battling the blaze, Russian news agencies quoted officials as saying. "According to emergency services of Tuapse district, a fire broke out on the territory of the oil refinery in the town," the agencies quoted a statement by the Krasnodar, or Kuban, region emergencies service. Agencies also quoted officials at the region's major airport, in the seaside town of Sochi, about 100 km (60 miles) to the southeast, as saying it had suspended arrivals and departures. Sergei Boiko, the head of Tuapse district, said on Telegram that the fire was located in the refinery's vacuum unit -- a secondary processing section. Unofficial Telegram channels showed pictures of the blaze and said drones had been responsible.

Persons: Crews, Sergei Boiko, Ronald Popeski, Leslie Adler, Sandra Maler Organizations: Reuters Locations: Russian, Tuapse, Krasnodar, Kuban, Sochi

☆ UK Issues Statement From 24 Nations on Strikes on Yemen's Houthis
▼ + stars: | 2024-01-23 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

LONDON (Reuters) - Britain said in a joint statement on Tuesday that 24 countries, including the United States, Germany and Australia, conducted additional strikes on Monday against eight targets in Houthi-controlled areas of Yemen. "In response to continued illegal and reckless Houthi attacks against vessels transiting the Red Sea and surrounding waterways, the armed forces of the United States and United Kingdom, with support from Australia, Bahrain, Canada, the Netherlands, and New Zealand, conducted additional strikes against eight targets in Houthi-controlled areas of Yemen," a joint statement issued by the British prime minister's office said. "These strikes were designed to disrupt and degrade the capability of the Houthis to continue their attacks on global trade and innocent mariners from around the world, while avoiding escalation." (Reporting by Farouq Suleiman; Editing by Leslie Adler)

Persons: Farouq Suleiman, Leslie Adler Locations: Britain, United States, Germany, Australia, Houthi, Yemen, United Kingdom, Bahrain, Canada, Netherlands, New Zealand

☆ Moldova Says Latest Talks With Separatists 'Difficult'
▼ + stars: | 2024-01-17 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

By Alexander TanasCHISINAU (Reuters) - A senior official of Moldova's pro-European government said on Wednesday that his latest talks with the pro-Russian separatist Transdniestria region had been "quite difficult" as tension rises in the three-decade-old standoff. The region split from Moldova before the collapse of Soviet rule and fought a brief war against the newly independent state lying between Ukraine and Romania. Moldova's deputy prime minister, Oleg Serebrean, said the latest talks between the sides on Tuesday, in Transdniestria's main town of Tiraspol, had focused on the new tax regime. One-on-one talks with Transdniestria are held under the auspices of the 57-nation Organisation for Security and Co-operation in Europe, which has been mediating for decades. They replaced a longstanding "5+2" format in which Russia, Ukraine and the United States participated, along with observers from the EU and the United States.

Persons: Alexander Tanas CHISINAU, Transdniestria, Oleg Serebrean, Serebrean, Maia Sandu, Moldolva, Sandu, Moldova's, Alexander Tanas, Ron Popeski, Leslie Adler Organizations: European Union, EU, Russian, Transdniestria, Organisation for Security, United Locations: Moldova, Ukraine, Romania, Russian, Transdniestria, Soviet, Transdniestria's, Tiraspol, Chisinau, Moscow, Cyprus, Russia, Europe, United States

☆ Last Salvadoran Woman Imprisoned Over Baby's Death Calls for Change
▼ + stars: | 2024-01-17 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

El Salvador has one of the most draconian abortion bans in the Americas, which critics say extends to women who suffer miscarriages and stillbirths. Many women have been sentenced to decades in prison on charges of killing their children. The 28-year-old woman, known as Lilian, was the last woman still imprisoned on such charges, according to two local civil rights groups. "I call on people stop denouncing other innocent women," Lilian told a press conference after a judge last month acquitted her of a 30-year sentence after seven years behind bars. Lilian, who is also the mother of a 10-year-old, said she was happy to be reunited with her family.

Persons: El, Lilian, Lillian, Nelson Renteria, Raul Cortes, Sarah Morland, Leslie Adler Organizations: SALVADOR, Reuters, Central, Citizens, Group Locations: El Salvador, Central American, Americas, Nicaragua, Honduras, Dominican Republic, Caribbean

☆ Mexico Receives Five Proposals to Develop Passenger Transport on Railways
▼ + stars: | 2024-01-16 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

MEXICO CITY (Reuters) - Mexico's Transport Ministry said on Tuesday it received five proposals from interested parties to participate in the roll-out of a project to boost passenger transport on railways being developed across the country. The ministry said it is reviewing the proposals, without identifying the companies expressed interest. The announcement comes a day after the deadline for proposals, set out in a decree late last year that called for plans from concession holders outlining how their freight railways could be adapted for passenger use. Mexican President Andres Manuel Lopez Obrador, whose term ends this year, said last November that if companies decide not to provide passenger services the government would do so. The government has prioritized development on seven routes that span northern border cities, the Gulf and Pacific coasts, major cities in central Mexico, and the capital's secondary Felipe Angeles international airport.

Persons: Andres Manuel Lopez Obrador, Felipe, Sarah Morland, Valentine Hilaire, Leslie Adler Organizations: MEXICO CITY, Transport, Felipe Angeles Locations: MEXICO, United States, Gulf, Pacific, Mexico

☆ South Korea Imposes Sanctions Linked to North Korea Weapon Development
▼ + stars: | 2024-01-16 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

SEOUL (Reuters) - South Korea has sanctioned two individuals, three entities and 11 ships linked to North Korea's nuclear and missile programs, its foreign ministry said on Wednesday. The sanctions announcement comes days after North Korea fired a new intermediate range, solid-fuel hypersonic missile, which South Korea and the United States strongly condemned as a serious violation of U.N. Security Council resolutions. The newly blacklisted targets have chiefly been involved in illegal energy smuggling at sea, the ministry said. Faced with a drawn-out gridlock at the United Nations, Seoul has turned to slapping sanctions on Pyongyang independently or together with Washington and Tokyo, seeking to squeeze its funding sources. The nuclear envoys of Japan, the United States and South Korea are scheduled to hold talks in Seoul on Thursday.

Persons: Hyonhee Shin, Leslie Adler, Ed Davies Organizations: North, South, United Nations Locations: SEOUL, South Korea, North Korea, United States, Seoul, Pyongyang, Washington, Tokyo, Japan

☆ Tel Aviv bourse says no unusual trading ahead of Oct 7 Hamas attack
▼ + stars: | 2023-12-05 | by ( Steven Scheer | ) www.reuters.com time to read: +3 min

JERUSALEM, Dec 5 (Reuters) - The Tel Aviv Stock Exchange said on Tuesday that a report by U.S. researchers suggesting there were investors in Israel who may have profited from prior knowledge of Hamas' Oct. 7 attack was inaccurate and its publication irresponsible. "There was nothing unusual in short positions in the stock exchange in the two months before the attack." "The ISA's examinations found, inter-alia, that the average short balances for shares traded on the Tel-Aviv Stock Exchange declined during the period preceding October 7th," the regulator said in a statement. Their report said "short interest in the MSCI Israel Exchange Traded Fund (ETF) suddenly, and significantly, spiked" on Oct. 2, based on data from the Financial Industry Regulatory Authority (FINRA). He also said the short position in Leumi was taken by an unidentified Israeli bank known to the TASE.

Persons: Robert Jackson Jr, Joshua Mitts, Yaniv Pagot, Pagot, Mitts, Steven Scheer, Mark Potter, Leslie Adler Organizations: Tel Aviv Stock Exchange, U.S, New York University, Columbia University, Hamas, Reuters, Israel Securities Authority, Tel, Aviv Stock Exchange, ISA, Leumi, MSCI Israel, Fund, Financial Industry Regulatory Authority, Thomson Locations: Israel, Leumi, Israel's, agorot, MSCI

Attendees inspect Smith and Wesson firearms at the National Rifle Association's (NRA) annual meeting, in Indianapolis, Indiana, U.S., April 28, 2019. Smith & Wesson, which is incorporated in Nevada, did not respond immediately to a request for comment. The group of nuns filed the lawsuit in their role as Smith & Wesson shareholders, in what is known as a derivative lawsuit. The nuns alleged that the directors of Smith & Wesson have ignored growing legal risks from making assault-style rifles. Smith & Wesson warned in its 2022 annual report that it might have to pay significant damages due to legal proceedings against the company.

Persons: Smith, Bryan Woolston, Jeffrey Norton, gunmakers, gunmaker Remington, Adrian Dominican, Bon, Francis of Philadelphia, Jesus, Tom Hals, Alexia Garamfalvi, Leslie Adler Organizations: Wesson, REUTERS, Smith, Tuesday, Smith & Wesson, Sandy, Elementary, U.S, Supreme, Adrian, Bon Secours, St, Jesus &, Thomson Locations: Indianapolis , Indiana, U.S, WILMINGTON , Delaware, Nevada, Colorado, Connecticut, New York , Illinois, California, Adrian , Michigan, Marriottsville , Maryland, Aston , Pennsylvania, Ontario Province, Marylhurst , Oregon, Wilmington , Delaware

☆ More US home buyers willing to purchase despite high rates -BofA study
▼ + stars: | 2023-12-04 | by ( Nupur Anand | Thomson Reuters | Nupur Anand Is A U.S. Banking Correspondent At Reuters In New York. She Focuses On Jpmorgan Chase | ) www.reuters.com time to read: +2 min

REUTERS/Sarah Silbiger/File Photo Acquire Licensing RightsNEW YORK, Dec 4 (Reuters) - U.S. home buyers are becoming more willing to purchase properties even as interest rates stay high, according to a study by Bank of America (BAC.N) published on Monday. That compares with average 30-year fixed mortgage rates that surged to 8% in October, the highest in more than two decades, which deterred buyers. They also sold their homes for career or family reasons or to seek a lower cost of living. New-home sales dropped 5.6% to a seasonally adjusted annual rate of 679,000 units last month as mortgage rates squeezed out buyers. Reporting by Nupur Anand in New York; Editing by Lananh Nguyen and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Sarah Silbiger, Matt Vernon, “, ”, Vernon, Nupur Anand, Lananh Nguyen, Leslie Adler Organizations: REUTERS, Bank of America, Reuters, Federal Reserve, Homeowners, U.S, Wall, Thomson Locations: Washington , U.S, U.S, Vernon, New York

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