U.S. blocked Myanmar military junta’s attempt to move about $1billion in New York Federal Reserve account

Myanmar’s military rulers attempted to move about $1 billion held at the Federal Reserve Bank of New York days after seizing power on February 1, prompting U.S. officials to put a freeze on the funds, according to three people familiar with the matter, including one U.S. government official. The transaction on February 4 in the… Read More U.S. blocked Myanmar military junta’s attempt to move about $1billion in New York Federal Reserve account

Evacuation orders and tsunami warnings following series of earthquakes off New Zealand

Evacuation orders were issued for New Zealanders living in some areas on the east coast on the North Island after a third earthquake struck in the area on Friday. The latest was a magnitude 8.0 quake that struck the Kermadec Islands, northeast of New Zealand’s North Island. This came shortly after a 7.4 magnitude earthquake… Read More Evacuation orders and tsunami warnings following series of earthquakes off New Zealand

U.S. Treasury launches $9billion coronavirus relief program to boost financing for low-income communities

The U.S. Treasury on Thursday launched a new program to infuse $9 billion into minority and community lenders to boost financing for small businesses and consumers struggling with the coronavirus pandemic in low-income and underserved communities. The Emergency Capital Investment Program, funded as part of a $900 billion COVID-19 aid bill signed into law at… Read More U.S. Treasury launches $9billion coronavirus relief program to boost financing for low-income communities

European Union suspends development support for Myanmar

The European Union has suspended its support for development projects in Myanmar to avoid providing financial assistance to the military after it seized power last month, officials said on Thursday. The 27-nation EU informed a committee of the World Trade Organization that it had put on hold all development cooperation that would support the military… Read More European Union suspends development support for Myanmar

Hong Kong court grants bail to fifteen democracy activists charged with subversion

A Hong Kong court on Thursday granted bail to around a third of 47 democracy activists charged with conspiracy to commit subversion, as the case draws widespread criticism that Beijing is using a national security law to crush the city’s opposition. The marathon bail proceedings started on Monday, in a landmark case after the most… Read More Hong Kong court grants bail to fifteen democracy activists charged with subversion

Myanmar police break up protests again with tear gas and gunfire

Police in Myanmar broke up demonstrations in several places with tear gas and gunfire on Thursday but there was no immediate word on casualties a day after the United Nations said 38 people had been killed in the bloodiest day since last month’s coup. Undeterred by the crackdown, activists said they refused to accept military… Read More Myanmar police break up protests again with tear gas and gunfire

Seven injured following knife attack in Sweden

Three people who sustained life-threatening injuries in a knife-attack in the southern Swedish town of Vetlanda that left seven wounded were in stable condition on Thursday, local authorities said. The attack on Wednesday afternoon is being investigated as attempted murder but investigators are also considering a possible terrorism motive, police said. All seven victims have… Read More Seven injured following knife attack in Sweden

U.S. special envoy for Afghanistan arrives Doha for peace talks with Taliban leaders

The United States’s special envoy for Afghanistan, Zalmay Khalilzad, has arrived in Doha, sources said on Thursday, where he is set to meet with the insurgent Taliban at a delicate time for the Afghan peace process as Washington reviews its options. Khalilzad’s planned meetings with Taliban leaders in Doha would be the first in person… Read More U.S. special envoy for Afghanistan arrives Doha for peace talks with Taliban leaders