GIC-Backed $2 Billion Fintech Nium Targets US IPO in Two Years
Singapore payments company Nium Pte aims to break even in time for a US initial public offering within
2023-07-04 09:27
Taylor Swift’s Singapore Concert Frenzy Propels UOB Card Signups
Taylor Swift fans across Asia have flocked to sign up for United Overseas Bank Ltd.’s cards as the
2023-07-04 09:24
China Banks Offer 25-Year Loans to LGFVs to Avert Credit Crunch
China’s biggest state banks are offering local government financing vehicles loans with ultra-long maturities and temporary interest relief
2023-07-04 09:23
Mizuho on US Hiring Spree With Underwriting Goal in Sight
Mizuho Financial Group Inc.’s securities arm is boosting hiring in the US as it seeks to cement its
2023-07-04 08:51
Oil Edges Higher After Saudi Arabia and Russia Curb Supplies
Oil rose modestly as traders assessed the latest salvo from OPEC+ kingpins Saudi Arabia and Russia to prop
2023-07-04 08:24
Hardline DeSantis immigration law causes exodus of migrant workers from Florida agriculture and construction
A new immigration law passed by Florida governor Ron DeSantis, described by observers as one of the harshest in the country, has caused a massive decline in the Sunshine State’s labour force since it took effect, according to some business owners. The Republican leader and 2024 presidential campaign’s signature immigration law, which took effect 1 July, makes it a third-degree felony for unauthorised immigrants to knowingly use false ID’s for employment, and business that knowingly employ unauthorised immigrants or who avoid using the E-Verify system can lose their licenses or face up to $1000 in fines. The law also requires hospitals that accept Medicaid to check for immigration status, and invalidates drivers licenses issued to unauthorised immigrants from other states. In Miami’s booming construction industry, some companies are reporpting up to a 25 per cent decline in workers, The Wall Street Joural reports. “We’ve seen some fallout on job sites, particularly as it relates to hourly labor as a result of this new law,” Tom C Murphy, co-president of Coastal Construction, a company with more than 30 active projects across the state, told the paper. There at least 400,000 undocumented immigrants working in the state, according to Samuel Vilchez Santiago, the American Business Immigration Coalition’s Florida director. “We are in dire need of workers,” he told the Associated Press last month. “So there is a lot of fear from across the state ... that this new law will actually be devastating.” Migrant groups protested the new law in June, while the governor’s office told the AP in a statement, “Any business that exploits this crisis by employing illegal aliens instead of Floridians will be held accountable.” Mr DeSantis, despite governing a state known for its vibrant immigrant populations from Latin America, has positioned himself as a hard-line anti-immigrant crusader as he runs for president. In late June, he visited the US-Mexico border, where he blamed security issues on the Biden administration and proposed a return to most of Donald Trump’s most controversial immigration policies. That includes detaining migrant families with children beyond the customary 20 days, finishing the US-Mexico border wall, and ending the long-standing practice of releasing migrants into the US ahead of their court dates on potential immigration charges, which are usually civil violations rather than criminal ones more typically associated with prison. Read More Pete Buttigieg takes down Ron DeSantis over ‘strange’ anti-LGBT campaign video with ‘oiled-up bodybuilders’ 'Parental rights' group Moms for Liberty plans nationwide strategy for school board races in 2024 Florida's new DeSantis-backed laws address immigration, guns and more Giuliani grilled by prosecutors about ‘shouting match’ in fight to overturn election Former sheriff who nabbed 'Green River Killer' to run for Washington governor Senegalese President Macky Sall says he won't seek a third term in 2024 elections after protests
2023-07-04 07:26
Rudy Giuliani grilled by prosecutors about 'shouting match' in fight to overturn election
Federal prosecutors are nearing a decision on whether to charge Donald Trump and his associates with crimes related to their efforts to overturn the 2020 election, and recently interviewd teh former president’s top attorney for that project as their investigation winds down. Rudy Giuliani spoke to investigators in a voluntary interview in recent weeks, The Wall Street Journal reported on Monday, and is likely to be among the DoJ’s eventual targets for a criminal indictment if the agency goes forward with a case. According to the Journal, Mr Giuliani spoke among other things about a chaotic December 2020 meeting between the so-called “war room” established at Mr Trump’s now-shuttered DC hotel and the White House legal team, which was revealed throughout the January 6 committee’s investigation to have been firmly opposed from the beginning to the various theories regarding how Mike Pence or others could interfere in the certification of Joe Biden’s victory. The Journal reports that meeting devolved into a “shouting match” as conspiracy monger Sidney Powell and others presented their case — prompting Mr Trump to ask Mr Giuliani, another devotee of those conspiracies, to mediate the discussion. Mr Giuliani’s interview with the DoJ, previously reported by The Independent, was described as a so-called “queen for a day” interview in which a subject of an active investigation can testify to prosecutors about the case and generally receive immunity for whatever criminal acts are described in the session — assuming they are truthful. The former New York City mayor was reported by The Independent last week to be among those that DoJ investigators are considering for potential criminal charges as the agency weighs a decision on whether to file a superceding indictment charging the former president with dozens of crimes related to the 2020 election and the January 6 attack on the Capitol. A source familiar with the situation told The Independent last week that Mr Smith’s office will “most definitely” bring at least a handful of charges against Mr Giuliani for his service on Mr Trump’s legal team in the weeks following the November 2020 election and leading up to the 6 January 2021 attack on the Capitol. In addition to possible criminal charges, Mr Giuliani previously saw his law license suspended in both Washington DC and New York for false statements he made regarding the 2020 election. Other Trump attorneys like John Eastman have faced similar consequences. The ex-president and his legal team also remain under a separate criminal investigation in Fulton County, Georgia, over their efforts to overturn the lawful election results in that state; a grand jury investigation as part of that case recently concluded and a decision on whether charges will be filed is expected over the summer. Andrew Feinberg contributed to this report Read More What's 'Bidenomics'? The president hopes a dubious nation embraces his ideas condensed into the term Pete Buttigieg takes down Ron DeSantis over ‘strange’ anti-LGBT campaign video with ‘oiled-up bodybuilders’ Melania Trump hawks $50 NFTs to ‘celebrate our great nation’ ahead of July 4 Mike Pence and Liz Truss among VIPs who speak at Iranian dissident rally despite pressure from Tehran Trump’s own words about an indicted president come back to haunt him Ex-Trump spokesperson claims she saw him show off documents on Mar-a-Lago dining patio
2023-07-04 07:17
South Korea Inflation Cools in June, Backing BOK Extended Pause
South Korea’s inflation eased for a fifth month in June, bolstering the case for the central bank to
2023-07-04 07:16
'I have been rejected by dozens of men over dowry'
A 27-year-old Indian woman has started a petition to put an end to the social evil of dowry.
2023-07-04 06:25
Top-Ranked Fund Trims Japan Chip Stocks for Soap, Noodle Makers
A top-performing equity fund is pocketing gains on Japanese chipmakers to buy shares left behind during the market’s
2023-07-04 06:18
Brenden Aaronson set to join Union Berlin on loan from Leeds United
Leeds United's Brenden Aaronson joins Bundesliga club Union Berlin on loan for the 2023/24 season.
2023-07-04 06:00
4 relievers Braves need to trade for with Aroldis Chapman off the board
Aroldis Chapman was one of the biggest trade chips available, so how can the Atlanta Braves help their bullpen now at the deadline?Over the past month, or at least the previous few weeks, it's become clear that the Atlanta Braves bullpen should be and likely will be the primary focus for Al...
2023-07-04 05:29
