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China’s $23 Trillion Local Debt Mess Is About to Get Worse
China’s $23 Trillion Local Debt Mess Is About to Get Worse
In 2021, a remote coal town in northeastern China was forced to undergo an unprecedented financial restructuring. Its
2023-05-22 07:29
Italy Finance Minister Defends Bank Tax, Hedges on Paschi Timing
Italy Finance Minister Defends Bank Tax, Hedges on Paschi Timing
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Italy’s finance
2023-09-03 23:49
New England Patriots star Jack Jones arrested at airport with two firearms in his bag
New England Patriots star Jack Jones arrested at airport with two firearms in his bag
New England Patriots cornerback Jack Jones was arrested on Friday at Boston Logan airport with two loaded guns in his carry-on luggage, according to Massachusetts State Police. The firearms were discovered during a “routine X-ray screening,” the Transportation Security Administration said in a press release. The incident occurred around 5.20 pm, as Jones was traveling from Boston to Arizona, Fox Newsreports. The cornerback, who was drafted in 2022 after attending Arizona State University, was charged with two counts of possessing concealed weapons in a secure area of an airport, as well as other gun charges, and posted a $30,000 bail. The football star could face penalties of up to $14,950 per violation, according to the TSA. We have been notified that Jack Jones was arrested at Logan Airport earlier yesterday,” the Patriots told CNN. We are in the process of gathering more information and will not be commenting further at this time.” Following Jones’s arrest, the total number of guns discovered by the TSA this year was at over 2,900, 92 per cent of which were loaded, the agency said. The arrest is not Jones’s first brush with trouble. His rookie season ended in late December with a team suspension, due to an unspecified violation of club rules, according to ESPN.
2023-06-19 02:56
DeSantis Says Ukraine Joining NATO Isn’t in Best Interest of US
DeSantis Says Ukraine Joining NATO Isn’t in Best Interest of US
Republican presidential candidate Ron DeSantis said he opposes NATO membership for Ukraine, saying he doesn’t think it’s in
2023-09-24 06:49
'GMA’ Sam Champion asks fans to not ‘be afraid’ in throwback ‘DWTS’ snap, they reply, ‘Needed that today’
'GMA’ Sam Champion asks fans to not ‘be afraid’ in throwback ‘DWTS’ snap, they reply, ‘Needed that today’
Sam elucidated the learnings from participating in the reality show and urged his fans to take 'challenges' as an opportunity
2023-08-09 14:51
Four things we learned from the Biden-Xi meeting
Four things we learned from the Biden-Xi meeting
The rival presidents found common ground on climate change, military communications and fentanyl.
2023-11-16 11:59
US FDA approves Johnson & Johnson's blood cancer therapy
US FDA approves Johnson & Johnson's blood cancer therapy
(Reuters) -Johnson & Johnson said on Thursday the U.S. Food and Drug Administration had approved its antibody-based therapy for patients
2023-08-10 19:45
Trump is raking in supporters’ donations to pay for his legal battles. Some of his co-defendants are going broke
Trump is raking in supporters’ donations to pay for his legal battles. Some of his co-defendants are going broke
Since Donald Trump’s term as president ended and his power to pardon vanished with it in January 2021, he has managed to keep a wide range of former aides, confidantes and associates close to him by dispensing the millions of dollars he’s raised for his political action committee as legal fees for allies who’ve been caught up in investigations into his conduct. According to a Federal Election Commission disclosure report filed late last month, his Save America political committee spent roughly $20m on legal fees during the first half of this year. And a separate review of FEC filings dating back to when Mr Trump first reentered life as a private citizen shows the legal costs to be twice that amount dating back to the end of the ex-president’s term. The commission’s data reveals that Save America’s legal costs since January 2021 were $38m, the largest set of expenditures for the group. According to advisers to the ex-president, that amount represents legal fees not just for Mr Trump, but for dozens of former aides and associates who have become involved in the criminal investigations that have led to him facing four sets of charges in four separate courts. That group of aides includes Mr Trump’s two co-defendants in the criminal case pending against him in the Southern District of Florida, his longtime valet Walt Nauta and Carlos De Oliveira, a maintenance supervisor at Mr Trump’s Mar-a-Lago club. In a superseding indictment filed against the ex-president, Mr Nauta and Mr De Oliveira last month, prosecutors alleged that Mr Trump personally telephoned Mr De Oliveira and assured him that he would pay for his legal representation. The indictment also alleges that prior to that call, Mr Nauta conferred with another employee of the ex-president’s who vouched for Mr De Oliveira’s loyalty. In a statement, Trump campaign spokesperson Steven Cheung said the ex-president’s political operation pays legal fees for his associates “to protect these innocent people from financial ruin and prevent their lives from being completely destroyed”. But Mr Trump’s legal largesse does not appear to extend to a small number of aides who’ve incurred the ex-president’s wrath even though their legal exposure has come as a result of their work for him. One of the 18 co-defendants who was indicted along with the former president in a sprawling racketeering case brought by the Fulton County, Georgia district attorney’s office is Jenna Ellis, an attorney and commentator who first came to public attention as part of the self-described “elite strike force” that pushed unfounded claims of election fraud after Mr Trump lost the 2020 presidential race to Joe Biden. Ms Ellis, who broke with Mr Trump and has endorsed Florida Governor Ron DeSantis in next year’s election, appears to be getting no help from the ex-president’s political operation. In a post on X (formerly known as Twitter) published on Tuesday, she included a link to a crowdfunding campaign on GiveSendGo, the right-wing competitor to GoFundMe that gained prominence in pro-Trump circles after the January 6 attack on the Capitol. Her attorney, Mike Melito, said on the campaign’s page: “We will fight for Jenna. If you would like to help support our efforts please consider donating by clicking the link below. America and the profession of law are worth the fight”. Another of her former “elite strike force” compatriots turned Georgia co-defendants, ex-New York City mayor Rudolph Giuliani, also appears to be struggling financially under a crush of legal fees brought on by his work for Mr Trump — work that has reportedly gone unpaid for nearly three years. According to CNN, Mr Giuliani and his longtime counsel, Robert Costello, journeyed to Mar-a-Lago earlier this year to plead for Mr Trump to turn on the financial spigot and alleviate some of the ex-mayor’s legal bills, which reportedly have reached the seven-figure mark. The former prosecutor, who now faces criminal charges under the same type of Racketeering Influenced and Corrupt Organizations (RICO) law which he used against the Italian-American mob in the 1980s, left only with a promise by Mr Trump to pay for “a small fee from a data vendor” which hosts the contents of digital devices for discovery in a defamation suit against him by two Georgia election workers, Ruby Freeman and Wandrea Moss. Mr Giuliani, who recently listed his New York City apartment for sale was described in a court filing for that case as “having financial difficulties” that impede his ability to produce discovery. It’s not known exactly why Mr Trump has refused to cover his former lawyer and longtime friend’s legal costs, but according to multiple reports, he became disillusioned with Mr Giuliani’s work after it failed to result in him remaining in the White House despite having lost the 2020 election. Read More Trump judge makes barbed comment about Elon Musk as contents of Jack Smith’s Twitter warrant revealed Trump co-defendant Walt Nauta’s lawyer may have conflict of interest, prosecutors say All of Trump’s lawsuits and criminal charges - and where they stand Trump’s team creates legal defence fund to pay for growing number of allies caught up in his legal problems Connecticut official continues mayoral campaign despite facing charges in Jan. 6 case Biden’s approval rating on the economy stagnates despite slowing inflation Canadian woman sentenced to nearly 22 years for sending ricin letter to Trump
2023-08-18 04:22
10 people were hurt in a shooting at a Juneteenth celebration in Illinois, police say
10 people were hurt in a shooting at a Juneteenth celebration in Illinois, police say
Multiple people were shot overnight at a Juneteenth celebration in Willowbrook, Illinois, police say.
2023-06-18 20:26
'Learn your f*****g lines': Brian Cox shares his basic principles of acting with Seth Meyers
'Learn your f*****g lines': Brian Cox shares his basic principles of acting with Seth Meyers
When asked if learning lines came naturally to him, Brian Cox replied, 'No, I was not a good learner'
2023-11-23 20:22
Armed man barricades himself in room at Caesars Palace in Las Vegas as SWAT teams descend
Armed man barricades himself in room at Caesars Palace in Las Vegas as SWAT teams descend
A man who says he is armed has barricaded himself in a room at Caesars Palace in Las Vegas, police say, where the individual is holding a female hostage. The Las Vegas Metropolitan Police Department said they received a complaint of a domestic disturbance at around 9.15am on Tuesday. When they arrived at the hotel and casino on the Las Vegas Strip, the man refused to come out and told officers he was armed, police said. Vegas police said the man pulled a woman into his room “by force” and that she remains inside. “She is still in the room at this time,” a police spokesman said on Tuesday morning during a press update. “The female has been heard from and is still OK.” The officer added that no shots have been fired and no weapons have been seen. SWAT teams and crisis negotiators have been sent to the hotel on the 3500 block of South Las Vegas Boulevard. Police asked residents to avoid the area and watch out for emergency personnel. “We are actively trying to resolve this situation,” the LVPD said in a tweet. North Carolina real estate broker Alyssa Hellman told The Independent she was at the Caesars Palace pool with her wife when she heard a loud bang at about 1.30pm. She said she looked up to see that a window had been broken on about the 10th floor, and a man inside started throwing furniture out onto the concourse. “We heard a bang and then one of the windows was broken open, and the guy was throwing things out. Lamps, a TV and a minibar. He’s drawn the curtains now,” Ms Hellman said. Ms Hellman said guests were evacuated from the pool area, but staff did not explain what was going on. The couple had retreated to a safe distance and said everyone around them seemed “pretty calm and content”. “We’re tucked back hidden away, closer to the Bellagio,” she said. A video posted to Twitter showed security guards duck for cover as a television fell to the ground behind them. One guest told 8NewsNow that she had been swimming in the pool when a security guard ordered everybody out. The witness said she saw chairs being thrown from a window, which appeared to be completely smashed out. Caesars Entertainment said in a statement: “We are aware of the security incident at Caesars Palace. Our team is cooperating fully with law enforcement officers on scene who are handling the investigation.” Read More Caesars Palace standoff news - live: SWAT teams respond to ‘armed’ man barricaded in Las Vegas hotel room Las Vegas police officer set to go on trial over $165k stolen in 3 casino heists Oklahoma county sheriff and three other officials allegedly caught on tape talking about killing journalists Ex-student sentenced to 16-plus years in prison for 2022 attack on Las Vegas high school teacher
2023-07-12 05:27
Madison Beer's candid shot wearing pimple patches as she takes stroll in London goes viral
Madison Beer's candid shot wearing pimple patches as she takes stroll in London goes viral
Madison Beer flaunted her pimple patches as she took a walk in London
2023-10-06 12:26