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Trump in Even More Legal Hot Water After Lying to Judge
Former President Donald Trump appears to have lied in sworn court records, opening him up to severe sanctions by a New York judge who has already lost his patience and threatened to punish him before.Trump claimed he wasn’t the president of the Trump Organization during his four years at the White House, despite previously testifying that he was an “inactive president.” And he claimed that he didn’t have a financial stake in a partnership with the real estate company Vornado, even though he previously testified that he did.On Tuesday, the New York Attorney General’s Office asked Justice Arthur F. Engoron...
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Wealthy Russian Undertook $90 Million Hack-And-Trade Scheme, U.S. Says at Trial
BOSTON (Reuters) -A wealthy Russian businessman with ties to the Kremlin made tens of millions of dollars trading on secret financial information obtained by hackers about multiple companies before it was public, a U.S. prosecutor said Monday at the start of his trial. Vladislav Klyushin, 42, and his associates made...
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World Bank Approves $600 Million Loan to Support Philippines' Recovery, Financial Sector
MANILA (Reuters) - The World Bank said on Tuesday it has approved a $600 million loan to support the Philippines' economic recovery and efforts to make its financial sector more resilient. The funds will be channeled toward strengthening its financial sector stability, expanding financial inclusion and improving disaster risk finance,...
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New York Attorney General Calls for New Sanctions Against Donald Trump
NEW YORK (Reuters) -New York's attorney general on Tuesday asked a judge to sanction former U.S. President Donald Trump, his adult children, the Trump Organization and their lawyers over their responses to her $250 million civil fraud lawsuit against them. The lawsuit by Attorney General Letitia James last September accused...
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U.S. Remains an Outlier in Firearm Possession, Gun-Related Deaths
January has been another month of devastating gun violence in the United States, as a string of mass shootings impacted communities in California. The headlines have become all too familiar for Americans, who have endured a seemingly endless slew of firearm-related violence in recent years. Indeed, the U.S. continues to...
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What Is Hindenburg Research, Firm Accusing Adani of Fraud?
NEW YORK (AP) — Hindenburg Research, the financial research firm with an explosive name and a track record of sending the stock prices of its targets tumbling, is taking on one of the world’s richest men. Hindenburg is back in the headlines after last week accusing Indian conglomerate...
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Austin in Philippines to Discuss Larger US Military Presence
MANILA, Philippines (AP) — Defense Secretary Lloyd Austin was in the Philippines on Wednesday for talks about deploying U.S. forces and weapons in more Philippine military camps to ramp up deterrence against China’s increasingly aggressive actions toward Taiwan and in the disputed South China Sea. Austin flew from...
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WHO Maintains Highest Alert Over COVID, but Sees Hope Ahead
(Reuters) -The World Health Organization (WHO) said on Monday that COVID-19 continues to constitute a public health emergency of international concern, its highest form of alert. The pandemic was likely in a "transition point" that continues to need careful management to "mitigate the potential negative consequences", the agency added in...
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U.S. Readies $2 Billion-Plus Ukraine Aid Package With Longer-Range Weapons -Sources
WASHINGTON (Reuters) -The United States is readying more than $2 billion worth of military aid for Ukraine that is expected to include longer-range rockets for the first time as well as other munitions and weapons, two U.S. officials briefed on the matter told Reuters on Tuesday. The aid is expected...
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