
Country Garden Loses Its Last Buy Rating From Global Brokerages
Country Garden Holdings Co. has lost its last stock buy rating from major international brokerages, as the embattled
2023-08-17 11:53

Foreign Funds Flee China Stocks in Record Selling Streak
Daily outflows of overseas funds from Chinese stocks are on course to tie a record streak amid worsening
2023-08-17 11:53

China’s Gallium Exports in Limbo After Start of Curbs
China’s push to control its exports of gallium has sent prices for the metal used in semiconductors to
2023-08-17 11:45

Mexico Candidate Ebrard Says AMLO’s Party Favors Rival
Mexico’s former foreign minister Marcelo Ebrard, a leading contender to win the presidency next year, accused his own
2023-08-17 11:28

Tesla Failed to Fix Autopilot After Fatal Crash, Engineers Say
Tesla Inc. failed to fix limitations in its Autopilot system following a gruesome Florida crash that killed a
2023-08-17 10:56

Australia Unemployment Rises to 3.7% as Rate Hikes Take Toll
Australia’s unemployment rate rose more than expected in July as the economy surprisingly shed jobs, signaling the labor
2023-08-17 10:49

Hong Kong Stocks Poised for Bear Market as Growth Risks Mount
Hong Kong’s stock benchmark was on track to enter a technical bear market as worrying signs mount in
2023-08-17 09:58

$3 Narcotic Pill Sold in The Gulf Worries European Officials
Europe is bracing for the possible influx of a drug that’s hooked the Middle East as political shifts
2023-08-17 09:25

Ken Griffin Reshaped Law Banning Chinese Real Estate Purchases
When Florida Governor Ron DeSantis pushed through an anti-China crackdown in his state earlier this year, he won
2023-08-17 09:21

A top lawyer’s son, a FBI raid and ‘weapons of mass destruction’: How a Philly teen allegedly turned ‘aspiring terrorist’
Armored trucks descended on a Philadelphia neighbourhood on Friday, releasing a flood of FBI agents who stormed and raided a house in search of a suspected aspiring terrorist. There were no adults home when agents arrived; they found three minors in the home. But one of them was their suspect, a 17-year-old with alleged ties to a Syrian extremist group. Reporters outside captured the scene as agents marched a cuffed teenager, wearing only his undergarments, out into the street and into federal custody. Days later, the Philadelphia District Attorney's Office made clear what had happened; they had arrested someone they claim was engaged in "the most serious alleged terrorist activity prosecuted in Philadelphia County court in recent history”. The suspect The suspect is a minor, and his name has not been released to the public. Philadelphia District Attorney Larry Krasner called the teenager an "aspiring terrorist" during a press conference after his arrest. "The young man who is under arrest is – was, an aspiring terrorist who was not merely thinking, but was doing things that are deeply disturbing and presented a grave danger to everyone," he said. FBI Special Agent in Charge Jacqueline Maguire also spoke at the conference, and revealed the suspect allegedly took steps to build a weapon of mass destruction. "Among the items he purchased were tactical equipment, wiring, chemicals and devices often used as remote detonators," she said. "He had not only taken steps in acquiring those items and materials that are commonly used in improvised explosive devices, but that he had also taken steps to start putting potential devices together," She also noted that the suspect allegedly had access to a "significant number of firearms." "He is currently charged with the following offenses: weapons of mass destruction, criminal conspiracy, arson, causing or risking catastrophe, attempt to commit criminal mischief, possession of an instrument of crime, and reckless endangerment of another person," she said. He is being tried as a juvenile, according to Mr Krasner. The investigation The 17-year-old landed on the FBI's radar after the agency learned of his alleged communication with members of Katibat al Tawhid wal Jihad, a Syria- based extremist group that the US classifies as a global terror organisation. The group has ties to al-Qaeda, the organisation formerly led by Osama Bin Laden that carried out the 9/11 terrorist attacks in New York, Washington DC and Pennsylvania. The FBI believes the organisation was responsible for the bombing of metro station in St Petersburg, Russia, in 2017, which killed 15 people. The agency also believes the group carried out a suicide car bombing in 2016 that injured three members of the Chinese Embassy in Bishkek, Kyrgyzstan. Federal officials believe the teenager was communicating with the terror organisation between March and April of this year. The FBI also discovered a WhatsApp account allegedly linked to his phone number that used a banner of the Riyad-us-Saliheen Brigade of Martyrs, a terror group based in Chechnya. On 6 August, the banner was reportedly changed to that of Isis. The agency eventually began surveilling the teenager, and allegedly witnessed him purchasing bomb-making materials on 7 August. The following day the US Customs and Border Protection agency said the suspect had 14 international shipments of military and tactical gear delivered to their home. Mr Krasner said that the FBI "potentially thwarted a catastrophic terrorist attack in the name of a perverted ideology that in no way, shape, or form represents the beliefs of the overwhelming majority of peace-seeking people of faith, including Muslims.” The suspect's family While the suspect's name has not been released as he is a minor, his father has commented on the shocking raid that ended with his child in FBI custody. Qawi Abdul-Rahman, a prominent criminal defence attorney in Philadelphia, told The Daily Beast that he was "shocked and devastated" to learn on Monday that his 17-year-old child was facing terror allegations. He recalled receiving a phone call at work from his children as the raid was ongoing. They told him the FBI had swarmed the home. At the time, only his three children — the 17-year-old included — were home, as both Mr Abdul-Rahman and his wife were at work. The attorney rushed home to find his child in FBI custody. He said he was "shocked" and "devastated" to learn about his child's alleged involvement with terror organisations. In the aftermath of the arrest, Mr Abdul-Rahman said he was struggling to discuss the incident and its implications with his two younger children. He said he doesn't know "how to even address it," asking how one could even explain such a concept to a child. "Your job as a father is to protect," he told The Daily Beast. "But I couldn't do a thing." Read More Philadelphia defense attorney ‘devastated’ to learn his son is FBI terror suspect Teen accused of plotting potentially ‘catastrophic terrorist attack’ Man held on suspicion of having information likely to be useful to terrorists after police data breach
2023-08-17 09:20

RBNZ’s Orr Says Mild Recession ‘Bare Minimum’ to Tame Inflation
New Zealand central bank Governor Adrian Orr said a mild recession would be the “bare minimum” before policymakers
2023-08-17 08:29

Japan’s Exports Shrink for First Time in More Than Two Years
Japan’s exports dropped for the first time in more than two years as demand slumped in several key
2023-08-17 08:26