London takes aim at New York with five-year financial plan

Britain needs to ease taxes on banks and make it easier to hire staff from abroad, its financial and professional services lobby said in a blueprint to help London unseat New York as the world’s top international financial centre within five years. The strategy paper on Tuesday from TheCityUK reiterated some ideas already aired in … Read more

North Korea has promoted general to ruling party’s powerful presidium, reports KCNA

North Korea has elevated a general long seen as a rising star in the country’s powerful military and a major player in its missile programme to a position in the presidium of the ruling Workers’ Party of Korea (WPK) politburo, state media reported on Tuesday. Pak Jong Chon will also serve as secretary of the … Read more

Warning of income gap, Xi Jinping tells China’s tycoons to share wealth

Four decades ago, Deng Xiaoping declared that China would “let some people get rich first” in its race for growth. Now, Xi Jinping has put China’s tycoons on notice that it is time for them to share more wealth with the rest of the country. Xi says the Communist Party will pursue “common prosperity,” pressing … Read more

The masked professor vs. the unmasked student

Matthew Boedy, an associate professor of rhetoric and composition, sent out a raw emotional appeal to his students at the University of North Georgia just before classes began: The COVID-19 delta variant was rampaging through the state, filling up hospital beds. He would teach class in the equivalent of full body armor — vaccinated and … Read more

US-built databases a potential tool of Taliban repression

Over two decades, the United States and its allies spent hundreds of millions of dollars building databases for the Afghan people. The nobly stated goal: Promote law and order and government accountability and modernize a war-ravaged land. But in the Taliban’s lightning seizure of power, most of that digital apparatus — including biometrics for verifying … Read more

Lawsuits over ‘misleading’ food labels surge as groups cite Lax US oversight

Shoppers drawn to sustainable, humanely raised meat and dairy products could be forgiven for thinking the nation’s big food companies have turned away from the industrial farming practices that have long dominated American agriculture. Consider the package labels and marketing claims for some of the country’s best known brands: Cargill turkeys are sourced from “independent … Read more

Unemployment benefits expire for millions without pushback from Biden

Expanded unemployment benefits that have kept millions of Americans afloat during the pandemic expired Monday, setting up an abrupt cutoff of assistance to 7.5 million people as the delta variant rattles the pandemic recovery. The end of the aid came without objection from President Joe Biden and his top economic advisers, who have become caught … Read more

Cyber-fraudster poses as courier executive, cheats mobile shop owner of Rs 1.48 lakh

A mobile phone shop owner from south Mumbai fell prey to a cyberfraud where the fraudster called him up posing as an executive from a courier service and tricked him into revealing his bank details to transfer out Rs 1.48 lakh from his account. The 32-year-old complainant approached the MRA Marg police on September 6. … Read more

Consumers and Companies Are Buying In on Paying Later

That $128 pair of jeans can now be had for just four payments of $32. Dropping $100 on cosmetics seems less indulgent when the transaction is broken up into $25 payments. Even a pricey Dyson vacuum can be rationalized when purchased in $125 installments. And retailers from Amazon to Walmart to your neighborhood boutique are … Read more

Polish lawmakers uphold state of emergency at Belarus border

Poland’s parliament voted Monday to uphold the state of emergency along the border with Belarus that was declared last week amid migration pressure. The vote came after Prime Minister Mateusz Morawiecki told lawmakers that the country faces a threat from Russia and Belarus as he sought support for the state of emergency, which was declared … Read more