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DPP’s ‘anti-mainland card’ fails, wider division expected as secessionist resigns Posted by: superadmin - 01-21-2023, 12:03 PM - Forum: Politics - No Replies DPP’s ‘anti-mainland card’ fails, wider division expected as secessionist resigns as head of island’s ‘executive body’ The head of Taiwan island's executive body Su Tseng-chang announced on Thursday that his team will resign en masse, and his resignation is pending approval from the regional leader Tsai Ing-wen, Taiwan-based media outlets have reported. Cross-Straits observers say they believe the resignation of the diehard secessionist who has poisoned cross-Straits relations, along with his decreasing popularity, highlights the fiasco of the Democratic Progressive Party (DPP)'s strategy of "resisting the Chinese mainland and protecting Taiwan." With Su's resignation and Tsai's earlier resignation as head of the DPP, the secessionist party's internal divisions are expected to intensify. Su made the announcement after the region's "legislature" approved the general budget for fiscal 2023 and closed for winter recess on Thursday. Following the approval of the budget, he met with Tsai and again tendered his resignation after an earlier offer to resign was turned down. Su is a diehard Taiwan secessionist who was put on a sanctions list by the Chinese mainland in November 2021, according to the Taiwan Affairs Office of the State Council. - More -   Binance was final destination for millions in funds from Bitzlato Posted by: superadmin - 01-20-2023, 03:56 PM - Forum: Business, Economy and Investment - No Replies Binance was final destination for millions in funds from Bitzlato, exchange shut down for alleged money laundering Data from Arkham Intelligence shows that tens of millions of dollars flowed from an alleged nexus of money laundering, Bitzlato, through intermediate wallets to Binance, the world’s largest crypto exchange. A FinCEN complaint from Wednesday noted that Binance was Bitzlato’s largest counterparty, but blockchain data reveals rudimentary efforts to conceal where funds came from before they arrived in Binance custody. Binance and its chief executive, Changpeng Zhao, are reportedly under federal scrutiny over anti-money laundering compliance. Federal prosecutors unsealed an indictment against a little-known crypto exchange called Bitzlato on Wednesday, alleging that it facilitated the laundering of $700 million in tainted crypto tied to the now-shuttered dark-web market Hydra, and millions more in ransomware proceeds. Blockchain data shows that tens of millions of dollars that passed through Bitzlato ultimately ended up in Binance deposit wallets, despite the stringent anti-money laundering standards that Binance says it has implemented. Binance, the largest crypto exchange in the world, has not been connected to any criminal activity, nor have regulators accused it of knowingly accepting illicit funds, although the exchange is reportedly under its own criminal probe by the Department of Justice in relation to its compliance with anti-money laundering, or AML, laws. - More -   This One Diet Can Cure Every Disease | Subah Saraf | Satvic Movement Posted by: superadmin - 01-20-2023, 03:36 PM - Forum: Health News - Replies (1)   Crypto lender Genesis files for bankruptcy in latest blow to Barry Silbert’s DCG Posted by: superadmin - 01-20-2023, 03:11 PM - Forum: Business, Economy and Investment - No Replies Crypto lender Genesis files for bankruptcy in latest blow to Barry Silbert’s DCG empire Genesis Trading filed for bankruptcy protection after suffering crippling losses from the collapses of FTX and hedge fund Three Arrows Capital. Genesis is a part of Barry Silbert’s Digital Currency Group, which has seen mounting problems in recent months. Some of Genesis’ largest clients include Circle, which operates stablecoin USD Coin, and Gemini, which is backed by the Winklevoss twins. Crypto lender Genesis filed for Chapter 11 bankruptcy protection late Thursday night in Manhattan federal court, the latest casualty in the industry contagion caused by the collapse of FTX and a crippling blow to a business once at the heart of Barry Silbert’s Digital Currency Group. The company listed over 100,000 creditors in a “mega” bankruptcy filing, with aggregate liabilities ranging from $1.2 billion to $11 billion dollars, according to bankruptcy documents. - More -   The US just hit the debt limit. What happens now? Posted by: superadmin - 01-20-2023, 11:48 AM - Forum: Business, Economy and Investment - No Replies The United States hit the debt ceiling — the total amount of money the federal government can legally borrow — on Thursday as lawmakers continued to clash over negotiations to raise the limit. The Treasury Department is now deploying what it calls “extraordinary measures” to make sure the country can keep paying its bills. Although “extraordinary measures” might sound alarming, economists say the Treasury has a history of using them, and those changes shouldn’t immediately impact the lives of Americans. They essentially work as accounting tools that temporarily allow the government to continue funding its normal operations and help buy Congress more time to reach a deal. In a letter to congressional leadership, Treasury Secretary Janet Yellen said the Treasury Department started to use some of its extraordinary measures after the current debt limit of $31.4 trillion was projected to be hit on Thursday, but she said the amount of time the measures would last was subject to “considerable uncertainty.” Although this means the country will be able to avoid defaulting on its debt for now, if that does eventually happen for the first time, the consequences would be dire. That would not only be bad for Americans who depend on government benefits like Social Security checks, but it would also create chaos in the stock market and inflict pain across the broader economy. - More -   ‘If Wee’s out, who’s coming in?’ Posted by: superadmin - 01-20-2023, 11:14 AM - Forum: Politics - No Replies JOHOR BARU – Those who intend to see the MCA party president replaced should first identify the individual they believe can do a better job than the incumbent Datuk Seri Wee Ka Siong, said several grassroots leaders. Despite the criticisms against the Ayer Hitam lawmaker, Iskandar Puteri MCA division chief Datuk Jason Teoh believes Wee is still the “best of the best from the current batch of leaders” in the party ranks. - More -   This snake was doomed! Rare animal fights caught on camera Posted by: superadmin - 01-20-2023, 10:47 AM - Forum: Interesting Videos - No Replies   Malaysia Madani: a guiding framework or folly? Posted by: superadmin - 01-20-2023, 10:15 AM - Forum: Politics - No Replies Dr Mahathir Mohamed had his “Vision 2020” or “Wawasan 2020” which reflected his eagerness for development. Abdullah Ahmad Badawi came up with “Islam Hadhari” as a reflection of his vision, which he even tried to export to other Islamic countries. Najib Razak used “1Malaysia” on everything from sundry stores to cash hand-outs. Ismail Sabri Yaakob had “Keluarga Malaysia”. Slogans create a mini-industry for a few weeks. No doubt it will cost money for the government to rip down and reprint stationery. There will be the “Malaysia Madani” introductions and “Malaysia Madani” seminars and workshops to promote it as a new ideology. What is “Malaysia Madani”? The slogan was used by Anwar earlier this week in a 2023 budget dialogue meeting. The word has its roots in Arabic (which hasn’t gone unnoticed in non-Malay circles), meaning city, indirectly referring to the City of Medina. According to the Dewan Bahasa dan Pustaka, “madani” means being developed in terms of thinking, spirituality and materiality. - More -   Political will needed to spur institutions forward, says Perak ruler Posted by: superadmin - 01-19-2023, 05:58 PM - Forum: Politics - No Replies PETALING JAYA: Perak’s Sultan Nazrin Shah has called for greater political will to ensure the country’s institutions develop in a progressive way. Pointing to Malaysia’s strong institutional foundations, Sultan Nazrin said the institutions must be further strengthened to enhance their ability to implement policies effectively. “Around the world and historically, those countries that have been successful are those with robust institutions which are, and have always been, a key enabling element for growth and development,” he said during a book launch at Universiti Malaya’s Asia-Europe Institute in Kuala Lumpur today. - More -   Govt can save RM6 bil if auditor-general’s advice heeded: Anwar Posted by: superadmin - 01-19-2023, 02:47 PM - Forum: Stop Corruptions - No Replies PUTRAJAYA – The federal government can save RM6 billion if the mistakes identified by the auditor-general are corrected, Prime Minister Datuk Seri Anwar Ibrahim said today. These problems have been highlighted repeatedly by the auditor-general in previous reports, and showed that the biggest problem with the government administration is the way weaknesses are exploited to enrich a select few, Anwar said. “If we can correct the weaknesses made by political leaders and civil servants that have been mentioned repeatedly by the auditor-general, I’m confident RM6 billion can be saved. “That’s from the auditor-general report,” Anwar said, adding that the cabinet had studied the latest report, the Auditor-General’s Report 2021, at its weekly meeting yesterday. - More - Pages (1152): « Previous 1 … 505 506 507 508 509 … 1152 Next » Jump to page: