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☆ Japan PM Kishida to replace embattled reconstruction minister Akiba - NHK
▼ + stars: | 2022-12-26 | by ( Sakura Murakami | ) www.reuters.com time to read: +2 min

TOKYO, Dec 26 (Reuters) - Japanese Prime Minister Fumio Kishida, who is battling low approval ratings, will replace a government minister for the fourth time since he created his current cabinet in August, public broadcaster NHK reported on Monday. Discussions on a replacement for Kenya Akiba, minister responsible for overseeing the reconstruction of areas hit by Japan's massive earthquake and tsunami in 2011, are still underway, the broadcaster said. NHK initially reported that Akiba will be replaced by former financial services agency minister Tatsuya Ito, but later corrected that report to say a successor has not been picked. That's all I can say," Kishida said on Monday when asked whether he planned to replace Akiba. Kishida also plans to replace Mio Sugita, his Parliamentary Vice-Minister for Internal Affairs, Kyodo reported on Monday citing multiple unidentified government sources.

☆ Japan PM Kishida to replace reconstruction minister Akiba - NHK
▼ + stars: | 2022-12-26 | by ( ) www.reuters.com time to read: 1 min

TOKYO, Dec 26 (Reuters) - Japanese Prime Minister Fumio Kishida will replace reconstruction minister Kenya Akiba with former financial services agency minister Tatsuya Ito, public broadcaster NHK reported on Monday. Akiba would be the fourth minister to be let go from the cabinet of Kishida, whose approval ratings have remained low after the killing of former premier Shinzo Abe revealed close connections between ruling Liberal Democratic Party lawmakers and the church, which critics say is a cult. Reporting by Rocky Swift Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Known in the legal world as the “death penalty” of child welfare, it can happen in a matter of months. One in 100 U.S. children — disproportionately Black and Native American — experience termination through the child welfare system before they turn 18, the study found. Still, longer timelines can also reflect a stronger focus on family reunification and a willingness to devote greater resources to meet that goal, child welfare experts say. And some child welfare advocates have criticized the law’s focus on narrow initiatives like parenting classes, which they say fail to address poverty and the other root causes of neglect that prompt most child welfare cases. Snodgrass said she never imagined when her child welfare case started that she could lose her rights to her children.

☆ Fire rages through shopping mall in Moscow suburbs
▼ + stars: | 2022-12-09 | by ( ) www.reuters.com time to read: +1 min

Dec 9 (Reuters) - Fire engulfed one of the largest shopping malls near Moscow early on Friday, emergency services said, leading to the collapse of part of the structure, which complicated firefighters' efforts to douse the flames. The conflagration spread over an area of about 7,000 sq m (75,000 sq ft) in the Mega shopping centre in Khimki near the Russian capital, authorities said. Russia's Investigative Committee, which probes major crimes, said it was looking into the cause of the fire. The head of the Moscow region's emergency services agency said it appeared the blaze was the result of safety regulations being violated during repair work on the building. Reporting by Gleb Stolyarov; Writing by Maxim Rodionov; Editing by Clarence Fernandez and Raissa KasolowskyOur Standards: The Thomson Reuters Trust Principles.

☆ Binance enters Japanese market with Sakura Exchange BitCoin deal
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: 1 min

Nov 30 (Reuters) - Cryptocurrency exchange operator Binance said on Wednesday it acquired Sakura Exchange BitCoin (SEBC), a crypto exchange service registered in Japan, to expand into the Asian country. The terms of the transaction were not disclosed by Binance. Through the acquisition, Binance will be able to operate in the Japanese market as an entity regulated by the Japan Financial Services Agency (JFSA). Takeshi Chino, general manager of Binance Japan, said, "We will actively work with regulators to develop our combined exchange in a compliant way for local users." Reporting by Urvi Dugar in BengaluruOur Standards: The Thomson Reuters Trust Principles.

☆ Global regulators to target crypto platforms after FTX crash
▼ + stars: | 2022-11-24 | by ( Huw Jones | ) www.reuters.com time to read: +3 min

LONDON, Nov 24 (Reuters) - The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such 'conglomerate' platforms will be the focus for 2023, the new chair of global securities watchdog IOSCO said in an interview. Jean-Paul Servais said regulating crypto platforms could draw on principles from other sectors which handle conflicts of interest, such as at credit rating agencies and compilers of market benchmarks, without having to start from scratch. Cryptoassets like bitcoin have been around for years but regulators have resisted jumping in to write new rules. "Is it the case for the crypto market? "For investor protection reasons, there is a need to provide additional clarity to these crypto markets markets through targeted guidance in applying IOSCO’s principles to crypto assets," Servais said.

☆ Regulator suspends licence of FTX's Australian unit until mid-May
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +2 min

[1/2] Representations of cryptocurrencies are seen in front of displayed FTX logo in this illustration taken November 10, 2022. REUTERS/Dado Ruvic/IllustrationNov 16 (Reuters) - The Australian securities regulator has suspended the licence of the local arm of FTX until mid-May next year, it said on Wednesday, adding to the woes of the collapsed cryptocurrency exchange as it faces intense global regulatory scrutiny. The Australian Securities & Investments Commission (ASIC) in a statement said FTX Australia's financial services licence will be suspended until mid-May next year, taking back its permit to deal in derivative and foreign exchange contracts to retail and wholesale clients, along with provide general advice. "ASIC is monitoring this situation closely and speaking regularly with international regulators and the external administrators," the regulator said on Wednesday. It added FTX Australia could continue to provide limited financial services for terminating existing derivatives with clients until Dec. 19.

☆ Factbox: Global regulatory actions against FTX
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +1 min

FTX and its local units, had already attracted scrutiny from regulators around the world. The Securities Commission of the Bahamas said on Thursday it would freeze the assets of FTX Digital Markets, the group's local unit, and also appointed a provisional liquidator for the unit. EUROPE/CYPRUSCyprus's Securities and Exchange Commission asked FTX EU to suspend its operations on Nov. 9, the regulator said on Friday. FTX announced in September it had received approval from the Cypriot regulator to operate as a Cyprus Investment Firm, allowing the company to fully own a local investment firm it had previously acquired. The local unit resumed withdrawals on Friday.

☆ Russia has a plan to put children to work since so many men are fighting Putin's war in Ukraine
▼ + stars: | 2022-11-10 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +2 min

Russia is planning to change its child labor laws to allow kids as young as 14 into the workforce more easily. They will no longer need approval from a guardian or a social services agency to be hired. Putin's unprovoked war in Ukraine pulled 300,000 people into battle, causing labor shortages. Russia is facing labor shortages caused by the absence of nearly 300,000 people from their jobs and onto the battlefield to fight Russian President Vladimir Putin's unprovoked war in Ukraine, Bloomberg News reported. "They have to go through countless checks, bureaucracy, and getting approvals, it is simply not profitable for employers."

☆ Japan's SBI considering delisting Shinsei, Kyodo says
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Oct 19 (Reuters) - Japanese financial group SBI Holdings (8473.T) is considering delisting mid-size lender Shinsei Bank Ltd (8303.T) and will explore options with the country's banking regulator, the Kyodo news agency reported on Wednesday. SBI said this month it planned to increase its stake to a majority 50.05% by the end of March. An SBI spokesperson said it had nothing to announce at this time. The Japanese government owns about 20% of Shinsei following its bankruptcy in Japan's late 1990s banking crisis. SBI first took a stake in Shinsei after JC Flowers sold down its holding in 2019.

A wildfire burned out of control near the Washington-Oregon border Monday as thousands fled from the blaze fueled by warm conditions unusual for the Pacific Northwest. The Nakia Creek Fire, ignited near Vancouver, Washington, on Oct. 9, broke containment lines on Sunday and has charred about 2,000 acres, the officials said. By Sunday night, residents of more than 2,900 homes were issued a “Level 3 Go Now” notice, telling them to evacuate, according to the Clark Regional Emergency Services Agency. Another 5,017 homes were under “Level 2 Be Set” notices, urging residents there to be ready for evacuation, officials said. The high temperature in Vancouver was 86 degrees on Sunday, in stark contrast to a typical mid-October day when the mercury rarely climbs above the low 60s.

"Not everybody got flu vaccinated last year, and many people did not get the flu. So that makes us ripe to have potentially a severe flu season." Walensky's warning comes ahead of a CDC report on flu spread expected Friday. Doctors are not required to report each positive flu test to public health officials, so the CDC and others monitor probable flu activity by looking at "influenza-like illnesses." It takes about two weeks after a flu vaccine injection to provide full protection.

Perkins loans that aren't held by the US government do not qualify for Biden's new student-loan forgiveness. To qualify for up to $20,000 in forgiveness, you must consolidate your loans into Direct loans. This may not be the best option for everyone, since some Perkins loans are forgiven after five years. Unlike federal student loans, some Perkins loans are serviced by the school you attended, but the federal government pays for interest accrued while you're still in school. studentaid.govOnly consolidate loans that are not Direct loans.

☆ School officials unknowingly gave accused Michigan shooter his backpack with gun and magazines, lawyer says
▼ + stars: | 2022-09-23 | by ( Tim Stelloh | Marin Scott | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

Details of the exchange came from depositions provided by school officials after several families sued the Oxford Community School District in federal court last year. According to Hopkins' testimony, Johnson said, the counselor commented on the backpack's weight after the teacher gave it to him. After returning to the meeting, Hopkins gave the bag to Ejak, who passed it to the teen. Johnson said some school officials missed other red flags, including an incident Nov. 29 where the suspect's teacher saw him looking at images of bullets on his phone. After the teacher began reviewing his classwork and noticed his interests "leaned toward the violent side," Johnson said, she reported what she found to other school officials, including Hopkins.

To qualify for forgiveness, FFEL and Perkins loan borrowers can consolidate into a Direct loan. Student loan expert Sonia Lewis, who has worked with over 20,000 clients to help them navigate their student loans via the Student Loan Doctor LLC, says most people don't know their loan type in the first place. studentaid.govHere's a list of all the different loan types, and whether or not they qualify for student loan forgiveness. If you have privately-held FFEL loans, you must consolidate your FFEL loans into a Direct loan to qualify for Biden's student-loan forgiveness plan. Additionally, if you refinanced your federal student loans with a private lender, those loans are no longer eligible for Biden's student-loan forgiveness plan.

☆ Cristian Rizea obtained Moldovan nationality legally, lawyers
▼ + stars: | 2020-11-13 | by ( ) www.ipn.md time to read: +3 min

Cristian Rizea obtained Moldovan nationality legally, lawyersThe lawyers for businessman and politician Cristian Rizea deny the public reports that their client obtained the nationality of the Republic of Moldova illegally. Cristian Rizea presented all the requested documents and met all the conditions when filing the set of documents. Until there is a definitive decision in this regard, Cristian Rizea cannot be extradited. Cristian Rizea was convicted in Romania in his absence and is to serve a senesce based on a final decision of 2019. Cristian Rizea has reasons to believe that the warnings and threats over his public statements and the possibility of a sudden “natural death” can materialize.

Persons: Cristian Rizea, Corina Stratan, Valeriu, Igor Dodon Organizations: Embassy of, Moldovan, Public Services Agency, General Police, Ministry of Justice, National Investigation, High, of Cassation Locations: Republic of Moldova, Romanian, Bucharest, Romania, Moldova, Chisinau

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