WORLD


Nikhila Natarajan (IANS) 30 November 2021
Jack Dorsey, the maverick behind making Twitter the world's go-to social platform to rant, laud, troll or play simple catch up, is moving on.   Confirming long-standing speculation that he would, @Jack, Dorsey's handle for 18 years, enigmatically said: "not sure anyone has heard but,"...

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IANS 29 November 2021
Japanese Prime Minister Fumio Kishida said on Monday that the government will ban the entry of all foreign nationals in principle from Tuesday amid concerns over the new Omicron variant of Covid-19.   Kishida told local media that the decision was made to avoid the worst-case...

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IANS 29 November 2021
Australian Prime Minister Scott Morrison is all set to introduce a new anti-troll Bill that would force online social media platforms like Facebook and Twitter to reveal the identities of anonymous users, in an effort to crack down on online trolling.   According to ABC News...

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IANS 17 November 2021
Hong Kong's leader on Tuesday defended allowing the head of JP Morgan Chase to skip a three-week Covid-19 quarantine imposed on most other visitors, saying he worked for "a very big bank", Channel News Asia reported.   The comments came as Hong Kong also announced that more than 100...

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IANS 12 November 2021
US President Joe Biden has signed the law to ban Chinese tech companies like Huawei and ZTE from getting approval for network equipment licences in the country.   The 'Secure Equipment Act of 2021' had received bipartisan support prior to it being signed by the President, ZDNet...

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Ellis Simani, Robert Faturechi  and   Ken Ward Jr. (ProPublica) 05 November 2021
This story was originally published by ProPublica.   IRS records reveal how Gov. Jim Justice, Gov. Jared Polis, former Education Secretary Betsy DeVos and other wealthy political figures slashed their taxes using strategies unavailable to most of their constituents.   As a...

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Annie Waldman  and   Bianca Fortis (ProPublica) 22 October 2021
This story was originally published by ProPublica.   The Education Department’s limited tracking of $190 billion in pandemic support funds sent to schools has left officials in the dark about how effective the aid has been in helping students.   After the pandemic shut down...

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Bianca Fortis (ProPublica) 20 October 2021
This story was originally published by ProPublica.   The Food to Families program, touted by Ivanka Trump, gave tens of millions of dollars to unqualified firms and was also used to promote then-President Trump.   A $6 billion federal program created to provide fresh produce...

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Aninda Dey (The Leaflet) 09 October 2021
The Pandora Papers show how several rich and powerful Indians, including tax defaulters and corporate entities, form offshore Trusts and companies by exploiting loopholes in our tax laws, park their money and buy assets in tax sanctuaries while the ordinary citizen shudders at the prospect of...

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Stephen Engelberg (ProPublica) 07 October 2021
This story was originally published by ProPublica.   When ProPublica compared the richest Americans’ wealth gains to the taxes they paid, we found a system that benefits billionaires. White House economists recently used a similar method to calculate tax rates, revealing stark...

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Nikhila Natarajan (IANS) 06 October 2021
In more than three hours of riveting testimony, a former Facebook employee tore into the now embattled social networking giant, blaming its "metrics" driven culture for hurting children, fueling hate and walking away from ethical considerations because profits come first.   Frances...

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Saket Hishikar Saket Hishikar 01 October 2021
The news of China’s Evergrande group on the brink of default halted the euphoric markets for a day or two in the past week. Amidst conflicting news of a possible deal, markets forgot the situation is far from over and scaled new heights. With over $300 billion in debt, the largest...

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Sanjeev Sharma (IANS) 29 September 2021
Forty-two countries now have levels of public debt exposure to China in excess of 10 per cent of GDP.   AidData, an international development research lab based at William & Mary's Global Research Institute, today released a trove of new findings about China's secretive overseas...

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IANS 29 September 2021
China has now started rolling blackouts in Beijing and Shanghai, metropolises home to 48 million people, as the country struggles with crippling power shortages that have hit key factories in a further threat to the economy, Nikkei reported.   The Beijing office of State Grid Corp. of...

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Jeff Ernsthausen, James Bandler, Justin Elliott  and   Patricia Callahan (ProPublica) 29 September 2021
This story was originally published by ProPublica.   Secret IRS records show billionaires use trusts that let them pass fortunes to their heirs without paying estate tax. Will Congress end a tax shelter that has cost the Treasury untold billions?   It’s well known, at least...

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Tim Golden  and   Sebastian Rotella (ProPublica) 14 September 2021
This story was originally published by ProPublica.   A long-suppressed FBI report on Saudi Arabia’s connections to the 9/11 plot has revealed that Saudi religious officials stationed in the United States had more significant connections to two of the hijackers than has been previously...

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Peter Elkind, Jack Gillum  and   Craig Silverman (ProPublica) 07 September 2021
This story was originally published by ProPublica.   WhatsApp assures users that no one can see their messages — but the company has an extensive monitoring operation and regularly shares personal information with prosecutors.   When Mark Zuckerburg unveiled a new...

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IANS 03 September 2021
Facebook-owned WhatsApp has been fined 225 million euros ($267 million) for breaking the European Union's (EU) data privacy rules.   According to The Verge, Ireland's Data Protection Commission (DPC) announced the decision in an 89-page summary, noting that WhatsApp did not properly...

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IANS 01 September 2021
Sri Lanka has declared an economic emergency, after a steep fall in the value of the South Asian country's currency caused a spike in food prices.   Authorities say they will take control of the supply of basic food items, including rice and sugar, and set prices in an attempt to...

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Global growth rebound has solidified, but spread of delta variant poses risks, Moody's Investors Service said in its latest assessment of global economy as the pandemic continues.   According to the credit ratings agency, G-20 economies are expected to grow by 6.2 per cent as a whole...

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