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Citigroup Says It ‘Significantly’ Curbed Lending to Buyout Firms
Citigroup Says It ‘Significantly’ Curbed Lending to Buyout Firms
Citigroup Inc. has heavily cut back on its business of lending to buyout firms as part of the
2023-07-15 01:50
Brussels Midi Station, once a stately gateway to Belgium, has turned into a festering sore
Brussels Midi Station, once a stately gateway to Belgium, has turned into a festering sore
Belgium acknowledged Thursday that its major rail gateway, the Brussels Midi Station, has become a festering sore of drug abuse, poverty and violence that is a major stain on a nation preparing to take on the presidency of the European Union. The government vowed to tackle the problem, but some critics say action is coming way too late, while others say that any cleanup operation will only push the big-city problems to other neighbourhoods. Belgium, one of the wealthiest nations in the world, with a major tourism industry, has neglected the once-stately Midi Station for decades. It has become a symbol of dysfunctional government as increasingly many of the 160,000 daily commuters and tourists no longer fully feel safe. The increasing spread of crack cocaine and open dealing and use of drugs in the neighbourhood over the past year have exacerbated an already bad situation to the point that petty theft, fights and harassment of tourists have become everyday headline news in the nation of 11.5 million. Belgium takes on the presidency of the 27-nation EU in January for six months. Governments who hold the presidency typically use the opportunity to bask in the global attention to promote their nation. Prime Minister Alexander De Croo said at a news conference Thursday that he felt he had to take action and no longer leave security at such a key time to a warren of local authorities who had proven they were not up to the task. “The challenge is one of security that we owe to everyone passing through Brussels. It is about the livable conditions in the neighbourhood, and of course, it is about the image of Brussels and the image of our nation,” he said Thursday. As an immediate measure, it was announced that a special police station will be set up at the existing station at the train station to make interventions easier. But far more fundamental issues are at stake, said historian, former politician and Brussels pundit Luckas Vander Taelen. “Nobody has done anything for years. So this problem gets always worse. And that’s what happens today — everybody seems concerned. But I wonder what is going to change here," he said. Vander Taelen blamed Belgium's Byzantine political structure of overlapping local, regional and national authorities who he said all too often blame each other instead of actually doing something in unison. “There are too many levels of power in Brussels and that paralyses everything,” he said. As criticism mounted, police organized highly publicized raids through the massive railway station, picking up and detaining several people while a cleaning team did away with much of the muck and dirt. Those are only stop-gap solutions though, said Ariane Dierickx of the l'Ilot aid group, which provides services for the homeless and needy. “It was shocking to see that all these people that have been rejected by society are being picked up by police vans while they are not criminals,” she said. “It shows how inadequate the response is.” Dierickx said it would only move the problem to other areas. Belgium's image is being soiled in other places too, De Croo's critics say, since problems at the Nord Station, another major train hub in the capital, haven't been much better. One of the major issues has been the rise of drug trafficking and its accompanying violence in Belgium. The northern port of Antwerp has turned into a main gateway for Latin American cocaine cartels into the continent and cocaine seizures there have more than doubled in the past half decade, according to customs officials. Because of that, relatively inexpensive cocaine has boomed in Brussels and crack cocaine has become a massive security issue, especially around the Midi station. Read More Carrasco dismisses criticism of human rights in Saudi Arabia after transfer to Al Shabab Swimmers enjoy sunshine and a dip at lido celebrating 100th anniversary World War I memorials in France and Belgium are vying again to become UNESCO World Heritage sites Belgium imposes a ban on shelter for single men seeking asylum to make place for families The Ukraine war, propaganda-style, is coming to Russian movie screens. Will people watch? The Ukraine war, propaganda-style, is coming to Russian movie screens. Will people watch?
2023-09-08 18:47
Cambodia's king appoints army chief Hun Manet as successor to his father, long-ruling Hun Sen
Cambodia's king appoints army chief Hun Manet as successor to his father, long-ruling Hun Sen
Cambodia’s king has appointed army chief Hun Manet to succeed his father and long-ruling Prime Minister Hun Sen as the nation’s leader later this month
2023-08-07 13:27
Neighbors say a Chicago man charged with killing a 9-year-old girl was upset over noise
Neighbors say a Chicago man charged with killing a 9-year-old girl was upset over noise
A Chicago man has been charged with first-degree murder after witnesses say a 9-year-old girl riding a scooter was fatally shot by someone upset over noise
2023-08-08 23:49
Court monitor warned of medical care issues at Border Patrol stations before girl’s death
Court monitor warned of medical care issues at Border Patrol stations before girl’s death
A court-appointed monitor said in January that child migrants held in medical isolation may be overlooked when Border Patrol stations are too crowded
2023-05-27 06:21
Stock market today: Asian markets are mixed, oil prices jump and Israel moves to prop up the shekel
Stock market today: Asian markets are mixed, oil prices jump and Israel moves to prop up the shekel
Oil prices have surged and share prices are mixed in Asia after the the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip
2023-10-09 15:28
OpenAI says ousted CEO Sam Altman to return to company behind ChatGPT
OpenAI says ousted CEO Sam Altman to return to company behind ChatGPT
The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, the latest in a saga that has shocked the artificial intelligence industry
2023-11-22 14:51
Maryland high court to review Syed's conviction in 'Serial' podcast case
Maryland high court to review Syed's conviction in 'Serial' podcast case
The case of Adnan Syed, whose conviction for a Maryland murder was overturned and later reinstated, will be
2023-06-29 07:23
Megan Rapinoe gets triumphant send-off as United States beats South Africa 2-0
Megan Rapinoe gets triumphant send-off as United States beats South Africa 2-0
Megan Rapinoe got a triumphant send-off, and the United States beat South Africa 2-0
2023-09-25 08:21
California lawmakers approve the nation’s most sweeping emissions disclosure rules for big business
California lawmakers approve the nation’s most sweeping emissions disclosure rules for big business
California lawmakers have approved legislation requiring major companies to disclose a sweeping range of greenhouse gas emissions
2023-09-12 09:58
Satellite photos, reports suggest Belarus building army camp for Wagner fighters
Satellite photos, reports suggest Belarus building army camp for Wagner fighters
Satellite images analyzed by the Associated Press on Saturday showed what appeared to be a newly built military-style camp in Belarus, with statements from a Belarusian guerrilla group and officials suggesting that it may be used to house fighters from the Wagner mercenary group
2023-07-01 22:57
'Loved this guy': Matthew Perry’s final texts with co-star Ione Skye reveal he was into meditation
'Loved this guy': Matthew Perry’s final texts with co-star Ione Skye reveal he was into meditation
Matthew Perry’s last text exchange with his former co-star Ione Skye revealed late actor was into meditation
2023-10-31 00:49