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

energy market: The national energy market will need about 400 billion in new power-generating infrastructure over the next three decades, the Grattan Institute said in a report released today, according to Nine News Australia. But policies like the federal government's touted big stick power legislation - which would allow it to break up energy monopolies - are hurting investment. To improve your experience update it here News National Higher power bills caused by 'chaotic' government interventions, report says By 9News Staff10 55am Oct 8, government interventions into Australia's energy sector are raising power prices and scaring off investment, a report has found. Nine Finance Editor Ross Greenwood says Australia lacks enough power generation for the national grid, highlighted by the power blackouts in Victoria last year. The Grattan Institute report found government interventions into Australia's energy sector are raising power prices AAP He says the lack of supply and high prices risk becoming worse with the closure of coal-fired power stations around the country and the failure of renewables to fill the energy gap. The report shows power companies have made more money, and that really government intervention has meant not enough new energy sources have been built, he told Today. (news.financializer.com). As reported in the news.

home affairs: US Attorney General William Barr and Australian Minister for Home Affairs Peter Dutton said they were negotiating an agreement that would enable police to get faster access to electronic evidence in the other country, according to Nine News Australia. US officials are also working on a similar agreement with the European Commission, according to the US Department of Justice. To improve your experience update it here News World Australia, US to cooperate on data sharing By AAP6 25am Oct 8, and the United States are to work closely to bolster law-enforcement ties as the two countries separately cooperate on a probe examining whether US officials overstepped when they investigated Donald Trump's 2016 presidential campaign. The agreement comes as Barr and Trump have been pressing other governments to help out with a review of US law enforcement and intelligence agencies' actions as they investigated Trump's 2016 campaign for possible ties to Russia. The Justice Department did not say whether Barr and Dutton discussed the review. Australian Prime Minister Scott Morrison has said he agreed to help out Barr with the inquiry when Trump called him in August. (news.financializer.com). As reported in the news.

mortgage: World Economyread more Weekly mortgage refinances jump 10% as rates drop to lowest level... An unexpected decline in mortgage interest rates had homeowners calling their lenders last week, looking to save money on their monthly payments, according to Xinhua China. Real Estateread more Trump's White House says it will not cooperate with House... The White House said Tuesday that it will not cooperate with House Democrats' impeachment inquiry into President Donald Trump, claiming that the proceedings amount to... Politicsread moreNBA should not be an 'arm of Chinese censorship,' says Sen. Airlinesread more China ready to discuss a partial trade deal with the US, reports...U.S. stock futures pushed higher Wednesday morning after a report suggested that Beijing is still willing to discuss a partial trade deal. Ted... The Republican senator said Beijing often uses economic coercion in situations like the NBA fallout to get foreign parties to do business by its playbook. Pro Analysisread more Poor morale, sliding stock Pressure mounts on American Airlines... The airline's latest woes have added to chatter among industry insiders about whether Parker, who is also chairman, will be able to ride out the storm. Politicsread moreJP Morgan cuts Disney earnings estimates and warns other analysts...J.P. Morgan said the launch of streaming platform Disney and the aquistition of the Fox entertainment assets is causing near-term financial uncertainty. (news.financializer.com). As reported in the news.

people: I'm a progressive and a capitalist, but unchecked capitalism produces market failures and economic inequities, Steyer said in a news release outlining the plan, according to CNN. He added, The people must be in charge of our economy but socialism isn't the answer. To address what Steyer calls the undue influence of corporate power on the US economy, his plan calls for a 15 minimum wage along with congressional term limits and the repeal of Citizens United. Additionally, Steyer says he would invest in people with larger allocations to health care and public schools as well as the introduction of five new constitutional rights which include the right to healthcare, clean air and water, a livable wage, an equal vote, and a quality education. The federal tax system will not continue to provide favorable treatment to the rich and powerful at the expense of low-income and middle-class Americans, nor will it starve the government of the resources needed to deliver services, he said. Read More Steyer says he would also repeal the Trump tax cuts and install a 1% wealth tax on those whose net worth is above 32 million. (news.financializer.com). As reported in the news.

story: Story Continued Below Tapper, in an interview with POLITICO, defended the unusually aggressive posture of TV anchors by saying he doesn't think it should be controversial to say using your political office to push foreign nations to dig up dirt on your political opponents is empirically wrong, as he implored Republicans to say on his show, according to MSNBC. Story Continued Below This is a precedent that will destroy the concept of free and fair elections, Tapper said on Monday. Scott Olson/Getty Images By MICHAEL CALDERONE10/07/2019 03 52 PM EDT Facebook Twitter Link Link Copied More Mail Reddit Whats App News anchors are increasingly focusing not on who's on their shows, but who's not Republican lawmakers answering questions about President Donald Trump's efforts to cajole foreign governments into digging up dirt on his political opponents.CNN host Jake Tapper proclaimed on Sunday that no Republican Senate or House leaders would appear on his show State of the Union to defend Trump; over on NBC, Chuck Todd expressed exasperation at one GOP senator who did agree to appear, Ron Johnson of Wisconsin, for refusing to say whether Trump's actions were wrong. It's not really picking any sort of bold moral stance to say that you can't have that. If impeachment is largely fought in the court of public opinion, Republicans lawmakers are barely mounting a defense on television. I don't know why so few people are willing to say it. (news.financializer.com). As reported in the news.

colleges universities: It was no random query, according to The Japan Times. The FBI has been reaching out to colleges and universities across the country as it tries to stem what American authorities portray as the wholesale theft of technology and trade secrets by researchers tapped by China. In an email to the associate vice chancellor for research at the University of an agent wanted to know if administrators believed Huawei had stolen any intellectual property from the school. ; Told no, the agent responded I assumed those would be your answers, but I had to ask. The breadth and intensity of the campaign emerges in emails obtained through records requests to public universities in 50 states. Agents have lectured at seminars, briefed administrators in campus meetings and distributed pamphlets with cautionary tales of trade secret theft. The emails underscore the extent of U.S. concerns that universities, as recruiters of foreign talent and incubators of cutting-edge research, are particularly vulnerable targets. (news.financializer.com). As reported in the news.

norms standards: AI, which is usefully viewed as an inter-connected Big Data/IoT/Robotics set of technologies, promises to be a game changer from economics to the automation of the battlefield, according to Global Times China. AI is more an enabling force, like electricity, than any other thing, and like apps today, it is already being applied to most industries and services. With AI at the center of US-China tech rivalry, whether common ethical norms and standards can be adopted, or whether US-China zero-sum competition will lead to a race to the bottom, is a loaded question. By 2030, AI algorithms will be in every imaginable app and pervasive in robots, reshaping industries from healthcare and education to finance and transportation, to military organization. The urgent challenge for the coming decade is to develop global ethical principles, standards and norms to govern the development and use of AI. The good news is that an assessment of four major international statements on AI governance since 2017 from the US, the EU, OECD and in China's 2018 white paper on artificial intelligence standardization reveal large areas of commonality. AI has already entered military management, logistics and target acquisition. (news.financializer.com). As reported in the news.

government-instituted program: That's compared to just 43% of Americans, according to Market Watch. Gallup acknowledges that the differences in support for UBI, defined in the survey as a government-instituted program that would provide every adult with a specific amount of money each year, could be related to the U.K.'s and Canada's traditionally more robust social safety nets. Some 77% U.K. residents and 75% of Canadian residents back the idea of a universal basic income UBI to help workers who lose their jobs due to artificial-intelligence advancements, according to surveys published by Gallup and Northeastern University. Support for UBI was higher among younger people than among their older counterparts, and women across the board were slightly more likely than men to support the policy. Support for UBI was higher among younger people than among their older counterparts in all three countries, and women across the board were slightly more likely than men to support the policy. American respondents with more education also showed greater levels of support for UBI than those with less education; meanwhile, respondents in Canada and the U.K. with lower educational attainment were more inclined to support such a policy. (news.financializer.com). As reported in the news.

gr ie: The 36-year-old upholsterer in Damietta went to join the rallies last month, tearing down a large poster of President Abdel Fattah al-Sisi with hundreds of other protesters, according to The Independent. I don't care about politics, but I have been struggling to have a decent life for my children since the president came to power, he told The Independent. But with the dismal economic situation making it difficult to provide for his family, he decided enough was enough. Their the government's economists say everything is improving, but how can that be if my income has almost halved in value 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.

japanese yen: Soros has played an inconsistent role in the financial market and changing society, according to Global Times China. He is a financial predator who has been influenced by liberal philosophy and market Darwinism. It is worth considering why Soros is so obsessed with defeating China. He has not only shown the greediness typical of Wall Street financial capitalists, but has also played the role of ideology defender. He made a profit attacking UK's currency; he destroyed the value of the Thai baht, triggering the Asian financial crisis; and he profited from the short sale of Japanese yen. He is a profiteer on the equity market. (news.financializer.com). As reported in the news.

quantum computers: Recent progress made by Google means their arrival could be sooner than expected, according to The Independent. A leaked research paper suggests the company has achieved what is known as quantum supremacy, whereby a quantum computer performed a calculation that was far beyond the reach of today's most powerful supercomputers. But some computing experts fear functional quantum computers could also effectively break the internet as we know it. 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.

donald trump: But inside Donald Trump's head, there was no calm, according to The Guardian. The storm was a firestorm. At the White House this week the sun was shining, a bust of Ronald Reagan reposed outside the West Wing office of the press secretary, a US marine saluted the president as he boarded Marine One and scores of African American millennials cheered him in the east room. The president's behaviour broke boundaries so stupendously that the fact he congratulated communist China on its 70th birthday, reportedly demanded alligators or snakes and flesh-piercing spikes for his border wall and wrote the unpresidential word BULLSHIT on social media were soon relegated to historical footnotes. His incoherent, wacky statements raised new fears over his state of mind. Instead, as the walls of an impeachment inquiry closed in, it will be remembered as Trump's week of rage. (news.financializer.com). As reported in the news.

rached ghannouchi: REUTERS/Zoubeir Souissi By 11 30 a.m., turnout across the country was only 6.85%, the electoral commission said, compared to 7.3% at the same stage of last month's first-round presidential election, in which only 45% of registered voters cast ballots, according to The Independent. The failure of repeated coalition governments that grouped the old secular elite and the long-banned moderate Islamist Ennahda party to address a weak economy and declining public services has dismayed many Tunisians. Rached Ghannouchi, leader of Tunisia's moderate Islamist Ennahda party, shows his ink-stained finger as he poses with his daughter after casting his ballot at a polling station during the parliamentary elections in Tunis. After the revolution, we were all optimistic and our hopes were high. Unemployment, 15% nationally and 30% in some cities, is higher than it was under the former autocrat, Zine El-Abidine Ben Ali, who died last month in exile in Saudi Arabia. But hope has been greatly diminished now as a result of the disastrous performance of the rulers and the former parliament, said Basma Zoghbi, a worker for Tunis municipality. (news.financializer.com). As reported in the news.

rate system: Abe's government raised the tax for the first time since April 2014 to address swelling social security costs resulting from the country's graying population and falling birthrate, according to The Japan Times. The survey showed 43.4 percent said they viewed the tax hike positively while 49.4 percent did not. In the nationwide telephone poll conducted over the weekend, 70.9 percent said they are either worried or worried to a certain extent about a possible negative impact on the economy from the tax increase from 8 percent to 10 percent on Oct. 1. ; The disapproval rate stood at 34.2 percent, up 8.5 points from September, according to the survey. The government introduced a two-tier rate system for the first time, exempting food and beverage items from the increased rate in a bid to cushion the impact on consumer spending. The survey found 24.6 percent have reduced spending following the tax increase while 74.9 percent did not. In the survey, 82.4 percent view the two-rate taxation system as complicated. (news.financializer.com). As reported in the news.

state administration: The Americas ranked second, accounting for 24 percent, followed by Europe with 13 percent, the report showed, according to Global Times China. With stronger trade and investment ties with countries along the Belt and Road Chinese residents are spending more in such emerging markets, according to the report. Xinhua Chinese tourists spent 127.5 billion US dollars overseas in the first half of 2019 H1 according to a report released by the State Administration of Foreign Exchange SAFE . Asia took the lion's share of Chinese tourists' consumption with 54 percent of the total. In the first half of 2019, Chinese residents spent a total of 14.9 billion dollars in Belt and Road countries, SAFE data showed. Shopping has remained a main component of tourist consumption. In terms of payment methods, mobile payment saw its H1 volume double from the same period last year, while bank cards remained the primary form of payment. (news.financializer.com). As reported in the news.

therapy cuts: Also, watch reports on picking retail stocks and how to keep your FIRE financial independence - retire early plan from flaming out, according to Market Watch. Jonathan Burton INVESTING NEWS & TRENDS Why the best person to give you money advice may NOT be an accountant or financial adviser Financial therapy cuts straight to the emotional core of our bad money habits. Plus, check out stories about how the U.S. stock market is holding up against this latest wave of economc, political, and housing-market uncertainty. Why the best person to give you money advice may NOT be an accountant or financial adviser Will the market crash if Trump is impeached, as he has predicted How retirees should react to the impeachment inquiry. Here's one more reason why October is looking muddy for U.S. stocks This widening crack in the mortgage market could sink U.S. home prices Re-defaults on already modified mortgages are a threat to homeowners. Will the market crash if Trump is impeached, as he has predicted Here's one more reason why October is looking muddy for U.S. stocks Market timers' bullishness is a contrarian sign, writes Mark Hulbert. (news.financializer.com). As reported in the news.

win-win deal: U.S. President Donald Trump appeared extremely pleased with the agreement because positive feedback received from various domestic agricultural and livestock groups might help boost his re-election bid, according to The Japan Times. By contrast, Prime Minister Shinzo Abe had to repeatedly emphasize that the agreement was a win-win deal benefiting Japan as well. At the Japan-U.S. summit held on Sept. 25, the mood of the two leaders looked apparently different. Why did Abe need to do that This was partly because the joint statement was vague about the treatment of Japan's export of cars and auto parts. Another reason was that the reaction from the Japanese public remains ambiguous and confused while concerns have been raised from domestic agricultural and livestock groups who fear losing market share to more competitive producers from abroad. ; The U.S. trade representative released a fact sheet on the trade agreement, which reveals that the agreement is apparently more beneficial to the U.S. than Japan. Not only were tariff cuts postponed, but also an exemption of the 25 percent additional tariffs implementable on national security grounds pursuant to Section 232 of the Trade Expansion Act of 1962 was not officially confirmed. (news.financializer.com). As reported in the news.

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Krux function var var ; Skip to main contentsign up for Room State Watch Latino Polls12 30 Report Politics 101Floor Action In The Know Sunday Talk Shows Policy Defense Energy & & a contributor Congress & Security Sunday Shows Events Lawmaker Events Past UsFacebook Twitter Linked In The Hill 1996-2019 News Communication Terms & Conditions Privacy Policy Top Room State Watch Latino Polls12 30 Report Politics 101Floor Action In The Know Sunday Talk Shows Policy Defense Energy & Blog All Contributors - Campaign- Civil Rights- Criminal Justice- Education- Energy & Environment- Finance- Healthcare- Immigration- International- Judiciary- Technology- White House- Become A Twitter Linked In Search form Search Donald shows Iran The Untold Story ; Chuck Todd calls out GOP senator for promoting 'Fox News conspiracy'By Rebecca Klar - 10/06/19 10 49 AM EDT ; function var linkedin Script El if linkedin Script El null var share Linkedin El var script El script El.src script El.async true; script El.innerHTML lang en US ; ; Chuck Todd Charles Chuck David Todd Brennan Republican senators 'running scared' of president because he 'comes after them with a vengeance' Sunday shows - Second whistleblower grabs spotlight Murphy says voters want Congress to focus on facts, not 'loyalty to the cult of Donald Trump' MORE, host of NBC's Meet the Press, called out Sen. Ron Johnson R-Wis. for respond... window. Ron Johnson Ronald Ron Harold Johnson Brennan Republican senators 'running scared' of president because he 'comes after them with a vengeance' Sunday shows - Second whistleblower grabs spotlight Murphy says voters want Congress to focus on facts, not 'loyalty to the cult of Donald Trump' MORE R-Wis. for responding to a question with a Fox News conspiracy during a heated interview on Sunday. I have no idea. I have no idea why a Fox News conspiracy propaganda stuff is popping up on here. (news.financializer.com). As reported in the news.

lawn: There's enough we know now to vote to impeach this President, according to CNN. He stood on the White House lawn this week, Jake, and told two additional foreign governments to interfere in our election. Joe Walsh, a longshot candidate for the Republican nomination for president, on Sunday called President Donald Trump a traitor for asking Ukraine and China to investigate former Vice President Joe Biden and his son, Hunter, and again argued Trump should be impeached for asking other countries to interfere in our election. That alone is impeachable. But I'm going to say it on purpose Donald Trump is a traitor, Walsh, who represented Illinois, told CNN's Jake Tapper on State of the Union. This is a strong term I'm going to use. (news.financializer.com). As reported in the news.

week: And they're ranked -- so the No. 1 story is the most important of the coming week, according to CNN. Every Sunday, I round up the 5 BIG storylines you need to know to understand the upcoming week on the campaign trail. (news.financializer.com). As reported in the news.

trump kids: Open Search Log In Join Huff Post Plus Join Huff Post Plus Ex Bush Aide Says 'Bivalves' Have More Self-Awareness Than Trump Kids On Shady DealsNEWS POLITICS ENTERTAINMENT COMMUNITY LIFE PERSONAL VIDEO SHOPPING HIGHLINEU.S. Canada U.K. Australia Brazil Espa a France Greece India Italia Japan Korea Maghreb QuebecU.S. Edition function var disable AdRotation 1 ; var ads Div var default Delivery f ; // enable Queue 0 wait ForGlobal function return window.html AdWH && window.ad SetSync Called; function // override ads Pl in template if 'function' typeof window.ad SetPlId if 'undefined' typeof window.orig AdsPlId window.orig AdsPlId window.ads Pl; if 'undefined' ! typeof window.orig AdsPlId // override ads Net Id in template if 'function' typeof window.ad SetNet Id if 'undefined' typeof window.orig NetId window.orig NetId window.ads Nt; if 'undefined' ! typeof window.orig NetId ads Div.reload Count 0; var recovery Id ''; var needs Recovery recovery Id && recovery Id.length && kraken ad Block && kraken ad Block.active; var ad Id needs Recovery recovery Id '93318099'; // try ad Id ad Id; catch e // Override adtech call type var delivery type default ; var adtech call type ; switch delivery type case by request adtech call type ajax ; break; case text adtech call type text ; break; case iframe adtech call type iframe ; break; case iframe proxy adtech call type f ; break; case collapsed adtech call type fc ; break; default adtech call type default Delivery; break; var args 'lb', 'lb' ; if needs Recovery function ads Div //html AdWH ad Id, args 0 args 1 fileless ads Div ; ; else html AdWH ad Id, args 0 args 1 adtech call type, ads Div ; if !disable AdRotation ads Rotate Mult ads Div ; if typeof debugadcode 'function' debugadcode 'AdTech', placement 'leaderboard flex', mnid ad Id ads Div ; wait ForGlobal 'jQuery', function function ev, elem if elem && !elem.contains ads Div return; var refresh Rate 1; ads Div.reload Count ; if ads Div.reload Count % refresh Rate 0 && typeof ads Reload Ad 'function' ads Reload Ad ads Div ; ; ; ad SetInView '0' ; ; // wFG html AdWH //modulous queue closing ; if typeof HPAds ! 'undefined' POLITICS 10/05/2019 11 57 pm ET Updated 1 day ago Ex Bush Aide Says 'Bivalves' Have More Self-Awareness Than Trump Kids On Shady Deals Eric and Donald Trump Jr. seem to be lobbing at Hunter Biden from a glass house, and don't even know it, according to MSNBC. By Mary Papenfuss As Eric and Donald Trump Jr. slam Joe Biden's son for serving on the board of a Ukrainian company while his dad was vice president, their international operations capitalizing on White House connections are warp speed unethical, declared a former speechwriter for President George W. Bush. All rights reserved.BREAKING NEWSTap here to turn on desktop notifications to get the news sent straight to you. Rest in peace, irony, joked MSNBC host Joy Reid Saturday on AM Joy after playing clips of the Trump brothers angrily ripping Hunter Biden. They argue without any evidence that Joe Biden worked to block a corruption probe into an energy company whose board of directors included his son. Reid's guest David Frum quipped When you see poor Eric and poor Don Jr., you realize there are bivalves with more self-awareness than the Trump children. (news.financializer.com). As reported in the news.

ukraine: That call has become a key focus of House Democrats' impeachment inquiry into Trump, according to CNN. Secretary Perry absolutely supported and encouraged the President to speak to the new President of Ukraine to discuss matters related to their energy security and economic development. Energy issues were not discussed during the July 25 phone conversation between Trump and Ukrainian President Volodymyr Zelensky, according to a rough transcript of the call released by the White House. He continues to believe that there is significant need for improved regional energy security -- which is exactly why he is heading to Lithuania tonight to meet with nearly two dozen European energy leaders including Ukraine on these issues, Energy Department spokeswoman Shaylyn Hynes said in a statement. There is no evidence of wrongdoing by either Joe or Hunter Biden. Rick Perry says he'll cooperate with Congress on Ukraine questions The White House-released transcript of the call revealed Trump asked his Ukrainian counterpart to investigate Joe Biden and the activities of the former vice president's son, Hunter, who had been on a board of a Ukrainian natural gas company. (news.financializer.com). As reported in the news.

american countries: This past week, the Roman Catholic Church in Mexico and six Central American countries launched a network to coordinate efforts to benefit the environment and indigenous people in the region, according to The Japan Times. The Vatican's information service says that like the Amazon, the Mesoamerican biological corridor is a devastated territory and threatened by state concessions to transnational corporations. The eyes of the world have recently been on the world's largest rainforest, which is vital for the planet but is suffering from its worst outbreak of fires in years, due in part to an acceleration in deforestation. ; The working document for the synod, which mainly brings together bishops from nine Pan-Amazonian countries, denounces in scathing terms social injustices and crimes, including murders, as well as suggesting a church action plan. It warned that large extractive projects, mono-cultivation and climate change threaten land, the environment, culture and self-determination. He said Friday that church representatives discussed the needs of each country and indigenous people, who tend to be the most susceptible and those who suffer more from all the ravages of industries that go to their regions to deforest or excavate. Gustavo Rodriguez Vega is archbishop in Mexico's Yucatan and head of the new Ecclesiastical Ecological Network of Mesoamerica. (news.financializer.com). As reported in the news.

business models: In June, TCL established a joint 5G innovation R&D Lab with China Unicom, and in September, it signed a strategic cooperation agreement with China Mobile and kicked off its 5G Industrial Internet Demonstration Park, according to Global Times China. The partnership will help us to accelerate industrial transformation while exploring new business models for 5G applications, Streit said, adding that TCL will bring more innovative Internet of Things IoT products and service to Chinese consumers. Stefan Streit told the Global Times, We have been working very closely with our carrier partners in China in terms of 5G research. That's also the purpose of those joint 5G labs with carrier customers, he stressed. It was the first company to implement the pre-5G end-to-end solution demonstration at the Mobile World Congress last year. Being a pioneer in 5G applications, TCL engaged in 5G R&D as early as 2015. (news.financializer.com). As reported in the news.

campaign infrastructure: The Trump campaign's director of communications, Tim Murtaugh, said, We have no indication that any of our campaign infrastructure was targeted, according to The Japan Times. In a 30-day period between August and September, the group, dubbed Phosphorous by the company, made more than 2,700 attempts to identify consumer email accounts belonging to specific customers and then attacked 241 of those accounts. Microsoft said earlier on Friday that it saw significant cyberactivity by the group which also targeted current and former U.S. government officials, journalists covering global politics and prominent Iranians living outside Iran, the company said in a blog post. ; Republican Trump's official campaign website is the only one of the remaining major contenders' sites that is linked to Microsoft's cloud email service, according to an inspection of publicly available mail exchanger records. Four accounts were compromised as a result of these attempts; these four accounts were not associated with the U.S. presidential campaign or current and former U.S. government officials, the blog post said. Microsoft's blog post did not identify the election campaign whose network was targeted by Phosphorous hackers. Microsoft has notified the customers related to these investigations and threats and has worked as requested with those whose accounts were compromised to secure them. (news.financializer.com). As reported in the news.

china-invested company: Photo Xinhua Damak Clean Industrial Park, a China-invested company, has signed a Memorandum of Understanding with Nepal Investment Board IBN for the China-Nepal Friendship Industrial Park in Nepal's eastern Jhapa district, according to Global Times China. Damak Clean Industrial Park President Govinda Thapa and IBN Chief Executive Officer Maha Prasad Adhikari signed the MoU at a function on Thursday evening in Kathmandu. Damak Clean Industrial Park, a China-invested company, has signed a Memorandum of Understanding with Nepal Investment Board IBN for the China-Nepal Friendship Industrial Park in Nepal's eastern Jhapa district. Lhasa Economic and Technological Development Zone Investment Development Company Limited is investing in the project which aims to develop a complete industrial infrastructure for industries to come in and operate there. The location is the hometown of Nepali Prime Minister KP Sharma Oli. Industries related to food products, home appliances, transport equipment electrical and communication equipment will be brought inside the park, Zhou Chengjie, chairman of Lhasa Economic and Technological Development Zone Investment Development Company Limited, said during the signing ceremony. (news.financializer.com). As reported in the news.