Day: September 21, 2022

U.S. Congress financial committee grills bank chief executives over economy, consumer protections, mortgages and Russia ties

The chief executives of JPMorgan, Bank of America, Citigroup, Wells Fargo and other major U.S. banks were grilled by both Democratic and Republican lawmakers on Wednesday on the economy, consumer protections, mortgages, and their ties with Russia. In testimony before the House of Representatives Financial Services Committee, the CEOs touted their financial strength, role in… Read More U.S. Congress financial committee grills bank chief executives over economy, consumer protections, mortgages and Russia ties

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Pope Francis berates nuclear remarks of Russian President Vladimir Putin

Pope Francis, speaking as Russian President Vladimir Putin warned the West he was not bluffing about possibly using nuclear weapons, said on Wednesday that thinking of such an act was “madness”. Francis also said Ukrainians were being subjected to savageness, monstrosities and torture, calling them a “noble” people being martyred. The pope, discussing his trip… Read More Pope Francis berates nuclear remarks of Russian President Vladimir Putin

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Taiwan denounces China’s peaceful ‘reunification’ pledge

Taiwan will never allow China to “meddle” in its future, the government said on Wednesday, after a Chinese government spokesperson said Beijing was willing to make the utmost effort to strive for a peaceful “reunification” with the island. China claims democratically-governed Taiwan as its own territory. Taiwan’s government rejects China’s sovereignty claims. China has been… Read More Taiwan denounces China’s peaceful ‘reunification’ pledge

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Kazakh President Kassym-Jomart Tokayev calls snap presidential election on November 20

Kazakh President Kassym-Jomart Tokayev called an early presidential election for November 20 on Wednesday, according to a decree published by his office, pressing ahead with a plan he announced earlier this month. The vote, which he is likely to win, will cut his current term, but will give him a longer second term after a… Read More Kazakh President Kassym-Jomart Tokayev calls snap presidential election on November 20

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U.S. asks World Court to dismiss Iran’s case over frozen assets

The United States on Wednesday asked judges at the International Court of Justice in The Hague to dismiss claims by Tehran that Washington illegally allowed courts to freeze assets of Iranian companies. Iran brought the case against Washington in 2016 for allegedly breaching a 1955 friendship treaty by allowing U.S. courts to freeze assets of… Read More U.S. asks World Court to dismiss Iran’s case over frozen assets

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Equatorial Guinea’s President Teodoro Obiang signs law abolishing death penalty

Equatorial Guinea has abolished the death penalty, according to a new criminal code signed by veteran President Teodoro Obiang, adding to a growing list of African countries seeking to extinguish a vestige of colonial rule. The West African oil-producing country of 1.4 million people is no stranger to political violence. Campaign groups have accused the… Read More Equatorial Guinea’s President Teodoro Obiang signs law abolishing death penalty

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