Author: Press Room
© Reuters. FILE PHOTO: Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo ANKARA (Reuters) – Turkey is preparing new legislation covering crypto-assets to persuade an international crime watchdog to remove it from a “grey list” of countries that have taken insufficient action to prevent money laundering and terrorist financing. The Financial Action Task Force (FATF) downgraded Turkey to a so-called grey list in 2021. Addressing a parliamentary commission late on Tuesday, Finance Minister Mehmet Simsek said a FATF report found Turkey fully compliant with all but one of the watchdog’s 40 standards. “The only…
5/5 © Reuters. Kenyan workers prepare clothes for export at the United Aryan Export Processing Zone (EPZ) factory, operating under the U.S. African Growth and Opportunity Act (AGOA), in Ruaraka district of Nairobi, Kenya October 26, 2023. REUTERS/Thomas Mukoya 2/5 By Joe Bavier and Duncan Miriri NAIROBI (Reuters) – Norah Nasimiyu knows the future of Kenya’s garment trade, which has employed her for 13 years and helped her put six children through school and university, lies in the hands of the U.S. Congress. And like others, she is worried. U.S. officials visiting South Africa this week to meet African trade…
© Reuters. FILE PHOTO: Smoke and steam billows from the coal-fired power plant owned by Indonesia Power, next to an area for Java 9 and 10 Coal-Fired Steam Power Plant Project in Suralaya, Banten province, Indonesia, July 11, 2020. Picture taken July 11, 2020. REUTE JAKARTA (Reuters) – Indonesia aims to cut carbon emissions to 250 million tonnes for its on-grid power sector in 2030 and increase its share of renewable energy generation to 44% under a Just Energy Transition Partnership (JETP), its plan showed on Wednesday. The partnership, a financing scheme of equity investments, grants and concessionary loans from…
John Hancock Preferred Income ETF declares $0.104 dividend
© Reuters. Investing.com– Most Asian currencies retreated on Wednesday, while the dollar sat on strong gains as markets hunkered down before the conclusion of a Federal Reserve meeting later in the day. Weak purchasing managers index (PMI) data from China also kept sentiment towards regional markets frail, as the region’s biggest economy and trading hub saw sustained economic weakness through October. The was flat, taking some support from a stronger midpoint fix from the People’s Bank of China. But sentiment towards the currency remained largely negative, as a showed that China’s manufacturing sector contracted in October. The reading followed a…
American commandos on the ground in Israel are helping locate the more than 200 hostages seized during Hamas’s surprise cross-border attacks on Oct. 7, the Pentagon’s top special operations policy official said on Tuesday.“We’re actively helping the Israelis to do a number of things,” Christopher P. Maier, an assistant secretary of defense, told a special operations conference in Washington. He said that a main task was to help Israel “identify hostages, including American hostages. It’s really our responsibility to do so.”Mr. Maier declined to say how many U.S. Special Operations forces were currently in Israel. But other U.S. officials say…
Many people are baffled about the status of conservation easement donations, which is logical given … [+] all that has happened recently. Concepts overlapped, terminology morphed, and confusion resulted.getty Many people are baffled about the status of conservation easement donations, which is logical given all that has happened recently. Among other things, courts ruled that the IRS violated the law when calling certain things as “listed transactions,” the IRS tried to salvage the situation by issuing Proposed Regulations, and Congress drastically changed the rules by adding a new provision. Concepts overlapped, terminology morphed, and confusion resulted. This article aims to…
Managing contagion in prison during COVID-19 was a challenge. A new study shows that prisons still … [+] have a lot to learn about contagion.AFP via Getty Images With COVID-19 in our rearview mirror, the time has come to reflect on lessons learned from the contagion that filled our hospitals with sick patients and killed millions worldwide. Nowhere was the pandemic more urgent than in U.S. prisons where both workers and prisoners struggled to control the contagion within secure, prison compounds. Some of the remedies to prevent contagion created other problems. One effective, but crude, method was the mass isolation…
In the 30 months since he took Endeavor public in 2021, chief executive Ari Emanuel has not been shy about expressing his frustration about its share price.Emanuel often touted a “flywheel” effect for the company’s array of assets, which include the largest Hollywood talent agency, a professional bull riders league, a sports betting group and events such as the Frieze Art Fair.The common threads were global sports, live events and talent representation. But investors seemed unsure how they all fit together, and the stock slid 35 per cent after its IPO.“I just think this takes a little bit of time…
© Reuters. FILE PHOTO: Employees work on the filter cloth production line at Jingjin filter press factory in Dezhou, Shandong province, China August 25, 2022. REUTERS/Siyi Liu/File Photo BEIJING (Reuters) -China’s factory activity unexpectedly contracted in October, two surveys showed this week, renewing concerns over the state of the country’s sprawling manufacturing sector and its fragile economic recovery at the start of the fourth quarter. Adding to a downbeat official manufacturing purchasing managers’ index (PMI) on Tuesday, a private survey on Wednesday suggested the manufacturing sector is still not on as solid a footing as previously thought, despite China’s better-than-expected…