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U.S. House approves Hong Kong rights bill, sends measure to Trump for signature or veto -

U.S. House approves Hong Kong rights bill, sends measure to Trump for signature or vetoThe U.S. House of Representatives passed legislation on Wednesday intended to support human rights in Hong Kong by requiring regular reviews of the city's special financial status, amid China's crackdown on a pro-democracy protest movement in the vital financial center. As voting continued, the vote was an overwhelming 412-1 in favor of the "Hong Kong Human Rights and Democracy Act," sending it to the White House for President Donald Trump to sign into law or veto. The Senate passed it unanimously on Tuesday.


Wed, 20 Nov 2019 17:09:08 -0500

Up to Westpac to weigh CEO's future amid money-laundering scandal, Australian PM says -

Up to Westpac to weigh CEO's future amid money-laundering scandal, Australian PM saysPrime Minister Scott Morrison said on Thursday it was up to the board of Westpac Banking Corp to decide whether Chief Executive Brian Hartzer should resign in the wake of Australia's biggest money laundering scandal. Financial crime watchdog AUSTRAC began legal action on Wednesday, accusing Westpac of 23 million breaches of anti-money laundering laws and seeking fines of up to A$21 million ($14 million) for every transaction Australia's second largest bank failed to monitor adequately or report on time. The allegations included money transfers involving child exploitation.


Wed, 20 Nov 2019 17:08:19 -0500

Cuba accuses U.S. embassy of abetting country's leading dissident -

Cuba accuses U.S. embassy of abetting country's leading dissidentCommunist-run Cuba accused the U.S. embassy in Havana on Wednesday of having fomented the "counterrevolutionary" activity of leading dissident Jose Daniel Ferrer whom it arrested nearly two months ago. Cuba does not typically comment on the activities of dissidents.


Wed, 20 Nov 2019 17:04:55 -0500

Fed shows little appetite for bold policy change sought by Trump -

Fed shows little appetite for bold policy change sought by TrumpAs U.S. Federal Reserve officials hone their monetary policy playbook in preparation for the next economic downturn, it appears they will eschew more controversial approaches tried by other global central banks, including one that President Donald Trump has called on the Fed to try. Minutes of the Fed's late October meeting, released on Wednesday, show U.S. central bankers jettisoning any real consideration of using negative interest rates to stimulate the economy. Trump has repeatedly urged the Fed to lower rates to below zero, arguing that negative rates in Europe and elsewhere give those countries a competitive advantage.


Wed, 20 Nov 2019 17:04:50 -0500

Notes in hand, Trump states his case about impeachment -

Notes in hand, Trump states his case about impeachmentPresident Donald Trump engaged with journalists on Wednesday as he regularly does when he departs the White House at the start of a trip, only this time he had some help with what he wanted to say. Walking before assembled journalists, the president held a small stack of papers, including handwritten notes in thick black ink and mostly all caps, which he read aloud to reinforce his position that he did not seek favors from Ukraine earlier this year. Usually the president exits the White House without papers or paraphernalia in his hands.


Wed, 20 Nov 2019 17:04:43 -0500


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