financializer news A weblog highlighting financial topics making news in the international media.

licences: The federal government will get nearly 3.47 billion from its auction of 600 megahertz spectrum licences, which will be used by Canada's wireless communications networks, according to The Toronto Star. Rogers Communications will spend 1.72 billion to acquire 52 licences, making it by far the biggest spender. The Canadian treasury will get a total of nearly 3.47 billion from auctioning 104 licences to Canada's wireless networks, which are racing to get ready for fifth-generation technology that will roll out over a decade or so.A pedestrian walks past the Rogers Building in Toronto on April 22, 2014. Darren Calabrese / THE CANADIAN PRESS This year's auction was for the 600 megahertz band of frequencies, which can cover large areas and easily penetrating buildings. Canada's three national carriers were only allowed to bid on 64 of the available licences in this year's auction because of restrictions imposed by the Department of Innovation, Science and Economic Development. Next year's auction will be for 3,500 MHz licences, which are even more valuable because they're more widely used in fifth-generation networks around the world. (news.financializer.com). As reported in the news.

newt gingrich: All market data delayed 20 2 days ago Newt Gingrich The collusion lie came at a tremendous cost By Newt Gingrich Fox General Barr says he will release a redacted version of the Mueller report Barr testifies as Mueller report release approaches; Catherine Herridge reports from Capitol Hill, according to MSNBC. The collusion lie will go down in history as one of the strangest distortions of reality to dominate the American political scene. For more than two years, the national establishment and news media were fixated on a truth that turned out to be false. author type Person name Newt Gingrich publisher type Organization name Fox News logo type Image Object url width 133, height 60 image type Image Object url ve 1&tl 1 width 696, height 392 context http //schema.org/ type Web Page name Newt Gingrich The collusion lie came at a tremendous cost speakable type .head1 .speakable url Fox Nation Radio More Expand / Collapse search Login Watch TV Hot Freedoms Fox News News MoviesTV News Music News Style News Entertainment Leaders Lifestyle Food Drink Cars Trucks Travel Outdoors House Home Fitness Well-being Style & Space Planet Earth Wild Nature Natural Games Military Tech Health Healthy Living Medical Research Mental Health Cancer Heart Health Children's Live Full Episodes Show Clips News Clips About Careers College Students Fox Around the World Advertise With UsAd Choices Media Nation Fox News Shop Fox News GoFox News Radio Fox News & Products Fox News Terms of Use Updated Privacy Policy What's Changed Closed Captioning Policy Help Contact UsThis material may not be published, broadcast, rewritten, or redistributed. 2019 FOX News Network, LLC. All rights reserved. For more than two years, the national establishment and news media were fixated on a truth that turned out to be false. Think of the flagellants going from city to city beating themselves to exorcise their sins. In some ways, this national psychosis is reminiscent of the popular madness that would run through medieval societies from time to time. (news.financializer.com). As reported in the news.

runway: Foreign banks operating in Albania send their hard currency to Vienna because Albania's central bank does not accept such deposits, according to The Guardian. The robbers entered the runway of the international Mother Teresa airport through a gate used by firefighters. Armed men broke onto the runway of Tirana airport on Tuesday and stole the money due to be transported to a bank in Vienna, police said. Albanian gangs have significant control over UK cocaine market, says crime agency Read more Police said three armed robbers dressed in military fatigues showed up and threatened the employees handling luggage, eventually stealing the money. According to initial reports, the amount stolen was 2.5m 2.8m but local media claimed it could be a five times higher. One of the gunmen was killed in an exchange of fire with the police. (news.financializer.com). As reported in the news.

debt: And this fact is reflected by the increasing calls for help to Australia's debt help services, according to Nine News Australia. National Debt Helpline finance counsellor Claire Tacon said the helpline had received a record number of calls last year. To improve your experience update it here News National Families struggling under debt burden - but help is at hand By Emily GaytonA Current Affair Staff7 51pm Apr 10, level of household debt is climbing ever higher, reaching the fourth-highest level in the world. The figures show that people are doing it tough, she told A Current Affair. Financial counsellors can give you advice on how to negotiate with creditors, talk you through your legal rights, give you advice on how to make complaints to ombudsmen schemes, she said. Last month, the centre received more than 18,000 calls - 12 per cent higher than the same period last year. (news.financializer.com). As reported in the news.

stake: But by 2017 it had written the value of the investment down to nil, suggesting Arcadia did not have to pay to take the stake back this week, according to The Guardian. Arcadia declined to comment. Leonard Green & Partners bought the stake in Topshop and Topman for a reported 350m in 2012. The deal is expected to clear the way for Arcadia to push ahead with the closure of dozens of stores via a company voluntary arrangement CVA a form of insolvency that has been used by other retailers including New Look, Mothercare and Carpetright to downsize in the past 18 months. Frank Field, chair of parliament's work and pensions select committee, published documents on Wednesday that show Arcadia's pension deficit stood at 727m last year, on the basis that the retail group continued trading. Arcadia is also seeking to halve payments into its pension fund as part of the restructuring plan Green says is needed to save the business from collapse. (news.financializer.com). As reported in the news.

etf iwm: Let us explore the issue with the help of a chart, according to Market Watch. Chart Please click here for an annotated chart of S&P 500 ETF SPY, 0.34% For the sake of transparency, this is the same chart, without any changes, that was previously published. So this is a good time to review your stance on the U.S. stock market. Investors may also want to observe similar behavior on the charts of the Dow Jones Industrial Average DJIA, 0.03% Nasdaq 100 ETF QQQ, 0.54% and small-cap ETF IWM, 1.36% Not all of them produce a golden cross or a death cross at the same time. A golden cross occurs when the 50-day moving average breaks above the 200-day moving average. Please note the following The chart shows a golden cross. (news.financializer.com). As reported in the news.

future cooperation: Photo Xinhua China and the European Union EU reached significant consensus on bilateral ties, charted out future cooperation and voiced support for multilateralism as leaders of the two sides held an annual gathering here on Tuesday, according to Global Times China. Chinese Premier Li Keqiang, European Council President Donald Tusk and European Commission President Jean-Claude Juncker co-chaired the 21st China-EU leaders' meeting. Photo Xinhua Chinese Premier Li Keqiang, European Council President Donald Tusk and European Commission President Jean-Claude Juncker co-chair the 21st China-EU leaders' meeting in Brussels, Belgium, April 9, 2019. Both sides agreed that they have broad common interests in deepening mutual beneficial and win-win practical cooperation, share common ground on upholding multilateralism and an open world economy as well as opposing protectionism and unilateralism, and have common goals in improving global governance and maintaining world peace and stability. The two sides said that they should firmly grasp the mainstream of cooperation and properly handle differences and frictions through dialogue and consultation to promote the long-term, stable and sound development of China-EU relations which serves the fundamental and long-standing interests of both sides and will have a positive impact on the world. They also agreed on the great importance for China and the EU, two stabilizing forces and major economies of the world, to carry out strategic communication and cooperation. (news.financializer.com). As reported in the news.

gaming business: Sony over the past decade has reinvented itself as an entertainment company with stable revenue from music content and its video game platform, according to The Japan Times. Investors are now searching for its next source of growth as Sony's gaming business shows signs of slowing, with its popular Play Station 4 console nearing the end of its cycle. Once a market leader in consumer electronics, Sony is now in the midst of a turnaround effort spearheaded by Kenichiro Yoshida, its chief executive who formerly served at its chief financial officer. ; The maker of the iconic Walkman and Trinitron TV fell behind the likes of Apple Inc. in innovation after the release of the iPod in 2001 and the iPhone in 2007. Third Point's amassed stake in Sony thus far could not be learned. Third Point wants Sony to explore options for some of its business units, including its movie studio, which the hedge fund believes has attracted takeover interest from the likes of Amazon Inc. and Netflix Inc., the sources said. The hedge fund, which has about 14.5 billion in assets under management, is raising a dedicated investment vehicle, targeting between 500 million and 1 billion in capital, so it can buy more Sony shares, the sources said Monday. (news.financializer.com). As reported in the news.

mining: There is no set timetable for bitcoin mining to be eliminated and a public consultation will be open until 7 May, according to The Independent. If implemented it could have a profound impact on the bitcoin network, as China is home to the majority of global bitcoin mining operations. The National Development and Reform Commission NDRC in China, which acts as the country's economic planning agency, announceda revised list of 450 industrial activitiesthat it hopes to either encourage or eliminate, with cryptocurrency mining among those earmarked to be phased out. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. You can form your own view. (news.financializer.com). As reported in the news.

niigata prefecture: The firm, headquartered in Niigata Prefecture, formed a joint venture, Daawat Kameda India Pvt., in the northern state with leading local food maker LT Foods Ltd. in 2017, according to The Japan Times. The venture has since test-marketed the product under the Kari Kari brand imported from China and has seen good responses from local consumers, Katagiri said. The investment amount and production capacity for a plant in Haryana state adjacent to the capital has not been disclosed, Tamotsu Katagiri, manager of the corporate planning department, told NNA on Monday. ; The cracker with roasted peanuts, known as Kaki No Tane in Japan and Kameda Crisps abroad, will be priced at 50 rupees 80 for a 70-gram package and 99 rupees for 150 grams, he said. Kameda Seika is ramping up its overseas business, aiming to boost the ratio of sales in foreign markets to total sales from 7.5 percent in the year to March 2018 to 14.5 percent in the year to March 2024. Twitter Facebook Linked In LATEST BUSINESS STORIESCarole Ghosn, wife of detained auto titan, to appear before Tokyo court over alleged misuse of co... Carole Ghosn, the wife of former Nissan Motor Co. India is Kameda Seika's sixth country to locally manufacture the rice crackers, after Cambodia, China, Thailand, the United States and Vietnam. (news.financializer.com). As reported in the news.

patient: This is the second installment of a two-part series on the opportunity of using patient and financial advocates at hospitals and health systems, according to The Independent. Read part one here. Editor's note This article appears in the March/April 2019 edition of Health Leaders magazine. Whether they're on-staff patient counselors inside hospitals, or working independently for patients, advocates are increasingly important care team members. In-House advocates Since patients often have complex care needs and their care is followed by multiple teams, sometimes communication among providers may be challenging, or patients may not fully understand what the care team is telling them, says Robin Lipkis-Orlando, MS, RN, NE-BC, director of the office of patient advocacy at Massachusetts General Hospital. Advocates can guide patients through healthcare experiences, including care goals and financial responsibilities. (news.financializer.com). As reported in the news.

australia: Price, uttering words almost certainly never before heard from the ranks of the current federal Coalition, said she had accepted the scientific advice of the CSIRO and Geoscience Australia, that Adani's revised plans met strict scientific requirements. adsbygoogle window.adsbygoogle .push ; Following this independent assessment and the Department of Environment and Energy's recommendation for approval, I have accepted the scientific advice and therefore approved the groundwater management plans under Environmental Protection and Biodiversity Conservation Act 1999, the minister said, according to Australian Broadcasting Corporation. The green light from Price does not as the minister herself went on to stress amount to the final approval for the massive and controversial project in Queensland's Galilee Basin. Federal environment minister Melissa Price said on Tuesday she had given her approval for the groundwater management plans for the Carmichael Coal Mine and Rail Infrastructure project planned by Indian conglomerate Adani Group for northern Queensland. A number of further approvals are required from the Queensland government, and it must meet further stringent conditions of approval from the Commonwealth before it can begin producing coal. Indeed, the latest controversy around the coal mine comes amid reports Queensland LNP senator James McGrath threatened to call for the environment minister's job if she did not give the all-clear on the groundwater management plans. But it does clear another major hurdle for the hugely controversial project, which among other things has been described as a massive carbon bomb that would effectively cancel out the annual emissions reductions of Australia and New Zealand, many times over. (news.financializer.com). As reported in the news.

brexit: The World Economic Outlook completed in March before the latest developments in Brexit predicted UK growth of 1.2% in 2019 on the assumption that a Brexit deal is done, according to The Guardian. Growth in 2020 has also been revised down by 0.1 points to 1.4% since the fund's last WEO in October, but the IMF said its projections were surrounded by uncertainty. Ahead of Theresa May's plea to EU leaders for a further delay to Britain's departure, the IMF used a downbeat half-yearly assessment of the global economy to predict that the UK economy could be 3.5% smaller than expected by 2021 if trade barriers were swiftly erected. It said there were alternative no-deal scenarios in which the UK would be hit by trade barriers, customs delays, barriers to financial services firms and the loss of preferential access to non-EU countries under trade deals negotiated by Brussels. It stressed that a no-deal Brexit that severely disrupts supply chains and raises trade costs could potentially have large and long-lasting negative impacts on the economies of the United Kingdom and the European Union . graph The Washington-based IMF said some of the damage would be mitigated if the two sides recognised existing product standards, at least temporarily. The impact of these would be enough to cause output to decline in 2019 and 2020. (news.financializer.com). As reported in the news.

donald trump: The stealth jet took off with several other aircraft from the Misawa Air Base, roughly 135km northeast of Misawa City, for a regular night-time training exercise about half an hour before it went missing, according to Asahi Shimbun. Again real Donald Trump is proven right!As he said of the F-35 You literally can't see Moon of Alabama MoonofA April 9, 2019 A search and rescue operation is already underway, and the Japanese Coast Guard has deployed two patrol ships to look for the aircraft and its pilot. All radio contact with the plane was lost as well, suggesting it had crashed into the sea. The jet has been deployed at Misawa since January 2018. Japanese F35 fighter, disappears from the radar over the Pacific, no radio contact https //t.co/dg Jz4SIXFV via Liveuamap Liveuamap April 9, 2019 The F-35A is a conventional takeoff and landing variant of the Lockheed Martin-built fighter. Japan's Ministry of Defense originally signed a deal to buy 42 fighters, but said it wanted another 100 in November 2018. (news.financializer.com). As reported in the news.

program: Its budget has long been opaque and difficult even for city budget watchdogs to track, and the program's leaders have admitted that the program's success or failure is difficult to measure, according to MSNBC. Now, our Amanda Eisenberg reports that one of Thrive's biggest and costliest mental health initiatives was beset by confusion and mismanagement in its first 18 months. Facebook Twitter Email Print ThriveNYC program's chaotic rollout State legislators escalate Trump taxes threat City files warning shot to Brooklyn yeshivas By LAURA NAHMIAS, NICK NIEDZWIADEK and DANIEL LIPPMAN 04/09/2019 07 20 AM EDTPresented by Airbnb In recent months, the 1.2 billion mental health program founded by Mayor Bill de Blasio's wife, Chirlane McCray, has come under intense scrutiny. The Mental Health Service Corps was touted as a means of deploying hundreds of new social workers and psychologists across underserved communities to administer to mental health needs where they are needed the most and also promised the workers, many just out of graduate school, a unique chance to gain clinical hours toward their professional licenses while earning a paycheck. Program workers were to provide free therapy to New Yorkers and screen for depression, anxiety and substance use disorder, according to the city's description. But POLITICO conducted interviews with more than a dozen people involved in the program who described a culture of mismanagement that may have rendered the first iteration of the effort ineffective and hampered participants' work toward eventually becoming licensed. (news.financializer.com). As reported in the news.

march: Wrong Tories, wrong country, according to The Toronto Star. Premier Doug Ford takes photos with an employee following the official launch of the new Toyota Rav 4 production line at the company's plant in Cambridge, Ont. on March 29, 2019. No, we're not talking about Ontario's Progressive Conservative government. There won't be any good news on the minimum wage in Thursday's Ontario budget. Geoff Robins / THE CANADIAN PRESS There won't be any good news on the minimum wage in Thursday's Ontario budget. Not after Premier Doug Ford imposed a 2-1/2-year freeze on the 14 wage rate right after taking power, Martin Regg Cohn writes. (news.financializer.com). As reported in the news.

points monday: It dropped 5.61 points the previous day, according to The Japan Times. After getting off to a weaker start, the Nikkei soon popped into positive territory. The benchmark gauge gained 40.94 points, or 0.19 percent, to end at 21,802.59 after falling 45.85 points Monday. ; On the other hand, the Topix, which covers all first-section issues on the Tokyo Stock Exchange, finished down 1.38 points, or 0.09 percent, at 1,618.76. But the jump prompted selling on a rally, brokers said. The Nikkei's advance was supported mainly by Sony's surge, which helped the price index gain some 16 points on a closing basis, a market source pointed out. Underpinned by selective buying, the key indicator fluctuated in a narrow range slightly above the previous day's closing level for most of the afternoon, they added, The Topix failed to become buoyant throughout the session, although it displayed some resilience in the afternoon. (news.financializer.com). As reported in the news.

requirements practices: The high level of ambition, the statement added, will be reflected in substantially improved market access, the elimination of discriminatory requirements and practices affecting foreign investors, the establishment of a balanced investment protection framework and the inclusion of provisions on investment and sustainable development, according to Global Times China. The statement came after the 21st China-EU leaders' meeting, which was co-chaired by Chinese Premier Li Keqiang, European Council President Donald Tusk and European Commission President Jean-Claude Juncker. China and the EU commit to achieve in the course of 2019 the decisive progress required, notably with regard to the liberalization commitments, for the conclusion of an ambitious China-EU Comprehensive Investment Agreement in 2020, said the statement. In the statement, both sides also pledged to build their economic relationship on openness, non-discrimination, and fair competition, ensuring a level playing field, transparency, and based on mutual benefits. With this in mind, China and the EU will intensify work towards finding mutually agreeable solutions to a number of key barriers as identified by both parties, the statement said. China and the EU commit to ensure equitable and mutually beneficial cooperation in bilateral trade and investment, the statement said, reiterating the two sides' willingness to enhance bilateral economic cooperation, trade and investment, and to provide each other with broader and more facilitated, non-discriminatory market access. (news.financializer.com). As reported in the news.

separation agreement: India's Sensex 1, -0.22% advanced 0.6%, while Sydney's S&P-ASX 200 XJO, -0.40% finished flat, according to Market Watch. Benchmarks in Taiwan and Southeast Asia also gained, while New Zealand declined. In Asia, the Shanghai Composite Index SHCOMP, -1.60% finished down 0.2% and Tokyo's Nikkei 225 NIK, 0.11% rose 0.1%. Hong Kong's Hang Seng HSI, -0.96% added 0.3% and Seoul's Kospi SEU, 0.00% was 0.1% higher. British Prime Minister Theresa May planned to meet European leaders ahead of a Friday deadline for Britain to leave the European Union. Economists worry about the drag on the economy if the departure happens without that. British legislators have yet to approve a separation agreement. (news.financializer.com). As reported in the news.

sound development: The comments followed a report by KPMG on Monday showing a sharp decline in Chinese investment to Australia against an overall rising trend of Chinese overseas investment around the world, according to Global Times China. Chinese investment to Australia dropped a sharp 37.6 percent to 6.2 billion in 2018, its lowest level since 2011, the report said. Photo VCG Australia should see trade and investment ties with China in a positive light and promote sound development of the diplomatic relationship, as well as send a high-level delegation to attend the second Belt and Road Forum for International Cooperation to be held in Beijing later this month, Chinese analysts said on Tuesday. A marked decline in the willingness of Chinese state-owned enterprises to invest in Australia and the fact that much of the money allocated for the Belt and Road Initiative BRI was shifted to countries in Asia and Europe were behind the declining trend, media reported on Monday, citing Doug Ferguson, a partner at KPMG and author of the report. Experts pointed out that a robust trade relationship with China is one of the important reasons why the Australian economy has not experienced a recession for the past 27 years. Ning Tuanhui, an assistant research fellow with the China Institute of International Studies, told the Global Times on Tuesday that declining Chinese investment showed that Australia's investment environment has somewhat deteriorated and will be negative for Australia to sustain its economic growth. (news.financializer.com). As reported in the news.

tax savings: Companies continued to spend more of their tax savings on these share repurchases as they boosted earnings through significantly reduced share counts, S&P Dow Jones Indices analyst Howard Silverblatt explained last month, according to Market Watch. Top buyback queens in 2018 included Apple AAPL, 0.56% Oracle ORCL, 0.71% Wells Fargo WFC, -0.73% and Microsoft MSFT, 0.76% But what happens to these shares and the rest of the investment landscape when it stops Wolf Richter of the Wolf Street blog chewed on the notion of a stock market without its biggest source of demand, and the picture he paints, with the help of Goldman Sachs GS, 1.18% isn't pretty. That's never happened before. Caption outside of wrapper for normal article images Too painful to even imagine, he wrote. Read How is this possible ' Analysts puzzle over stock market's rally amid equity-fund exodus To get a sense of what the biggest investors have been up to over the past few years of this broad market push, Richter cited this data Caption outside of wrapper for normal article images As one can see, the total amount shed comes to about 1.1 trillion. Share buybacks are the relentless bid, buying at any price, buying not to acquire assets at a low price but buying with the specific purpose of pushing up prices. (news.financializer.com). As reported in the news.

p index: Aaron Vincent Elkaim / THE CANADIAN PRESS In New York, the Dow Jones industrial average was down 190.44 points at 26,150.58, according to The Toronto Star. The S&P 500 index was down 17.57 points at 2,878.20, while the Nasdaq composite was down 44.61 points at 7,909.28. The S&P/TSX composite index closed down 70.84 points to 16,336.45, a day after rising to within one percentage point of an all-time high.A Toronto Stock Exchange ticker is seen at The Exchange Tower in Toronto on Thursday, August 18, 2011. North American markets were pressured by news that the IMF has lowered its world growth assumption to 3.3 per cent in 2019, down from an earlier forecast of 3.5 per cent growth.IMF economists downgraded their outlook for U.S. growth to 2.3 per cent from 2.9 per cent in 2018 and lowered Canada's outlook to 1.5 per cent from its prior guidance of 1.9 per cent. The potential remains for sharp deterioration in market sentiment, which would imply portfolio reallocations away from risk assets, wider spreads over safe haven securities, and generally tighter financial conditions, especially for vulnerable economies, said the report. Article Continued BelowA further escalation of trade tensions and a no-deal Brexit withdrawal of Britain from the European Union could further weaken growth, the IMF warned. (news.financializer.com). As reported in the news.

move: The move is a victory for a group of MPs from all parties who have long campaigned for changes that would stop the funds which amount to more than 700m being invested in companies that promote or benefit from fossil fuels, thus exerting economic pressure on them to reduce greenhouse gas emissions, according to The Guardian. Caroline Lucas, the Green party MP who has been campaigning for reform of the fund, said Protecting the natural world is now humanity's greatest mission, so this change of tack from the MPs' pension fund is very welcome. While stopping short of a promise to fully divest from fossil fuels, the pledge by the trustees marks an important first step towards assessing and reducing the effect of the pension fund's investments which are ultimately paid for by the taxpayer on climate change. It has taken four long years to get to this point, but the trustees finally now appear to accept that fossil fuels are a risky investment, both for savers and the planet, and this marks a significant change in policy. Last week, Norway's national oil fund began to refocus on renewable energy. Around the world, the divestment campaign targeting investors with large holdings in fossil fuels has gathered pace in the last five years and won notable victories. (news.financializer.com). As reported in the news.

products: The manager at the Westfield Chermside Muffin Break store is at the centre of a growing scandal after staff contacted media, due to a text message she sent to workers, according to Nine News Australia. We have so many conversations about these expired products, it reads. ...the price of shaved ham is 10.25... I took them out from the bin still trying to use it, but should I always doing this is it right thing to do Of coarse sic not! There are lots of stuff has been wasted like this way, However this shop really can't afford this waste anymore. To improve your experience update it here News National Muffin Break manager admits retrieving out-of-date ham from bin By Rob Morrison Senior Reporter6 00pm Apr 9, 2019Facebook Tweet MailA Brisbane cafe manager has admitted she retrieved expired ham from a bin, however denies she ever intended to serve it to customers. When confronted by 9News today the manager said she simply wanted to take a photo of the expired ham. That's the reason. Because I need to take a picture. (news.financializer.com). As reported in the news.

email newsletters: Email Sign UpBy signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time, according to MSNBC. Facebook Twitter Email Print POLITICO Playbook Trump purged DHS. Now, the real fight begins. Sign up for POLITICO Playbook today. By JAKE SHERMAN, ANNA PALMER and DANIEL LIPPMAN 04/09/2019 06 09 AM EDTPresented by President Donald Trump has been stymied by both the legislative process and his own administration on immigration. Next time he tries to squarely blame Democrats, we should ask him this How did purging the top officials at DHS move you closer to an immigration overhaul THE PRESIDENT has been stymied by both the legislative process and his own administration. Chip Somodevilla/Getty Images DRIVING THE DAYTHE PRESIDENT AND THE WHITE HOUSE are fond of saying that it's Democrats who are standing in the way of a big-time rewrite of the nation's immigration laws. (news.financializer.com). As reported in the news.

universities: Loughlin and Giannulli were among 33 prominent parents accused of participating in a scheme that involved rigging college entrance exams and bribing coaches at elite universities, according to The Guardian. They were arrested last month on a single charge of conspiracy to commit mail and wire fraud. Netflix postpones Felicity Huffman film after actor admits college fraud Read more The move came a day after the actor Felicity Huffman, 12 other parents and a coach agreed to plead guilty, signaling an escalation in the case against those parents who are continuing to fight the allegations against them. An indictment brought on Tuesday adds a charge of money laundering conspiracy against the couple and 14 other parents. The parents are accused of paying an admissions consultant, Rick Singer, to cheat on their children's college entrance exams and get their children admitted as athletic recruits at such elite schools as Georgetown and Yale. Amy and Gregory Colburn, a California couple accused of paying 25,000 to cheat on their son's SAT, were indicted on the money laundering and mail fraud conspiracy charges last month. (news.financializer.com). As reported in the news.