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    International

    • Jan- 2023 -
      19 January

      South Korea to scrap stocks registration rule for foreigners

      The Financial Services Commission says details for improving the environment for foreign investment will be unveiled next week. South Korea will abolish a rule that forces foreign investors to register with authorities in order to trade Korean stocks amid a push to attract overseas investment, the country’s financial regulator has said. “Instead, foreigners will be allowed to freely invest in our capital markets with internationally used identifications of passport or legal entity identifier [LEI],” Kim Joo-hyun, chairman of the Financial Services Commission (FSC), said on Thursday. Kim said South Korea will also take steps to create a safe trading system for digital assets, including legalising offerings of security tokens. The FSC plans to release more details on measures to improve foreign…

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    • 19 January

      Praise pours in for outgoing New Zealand PM Jacinda Ardern

      Australian PM Anthony Albanese said Ardern has led New Zealand with a mix of intellect, strength, insight and empathy. Tributes have poured in for outgoing New Zealand Prime Minister Jacinda Ardern who has announced she will step down from her position no later than early February and will not seek reelection. Ardern’s shock announcement on Thursday that she had “no more in the tank” to continue as New Zealand’s prime minister was greeted first with surprise and then praise by fellow politicians and supporters at home and abroad. Arden, 42, said it had been a tough five and a half years as prime minister and that she was only human and needed to now step aside. “Politicians are human. We…

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    • 19 January

      ‘Not an espionage case’: Chinese-born US academic avoids prison

      Judge says case against former University of Kansas professor Feng ‘Franklin’ Tao had nothing to do with espionage. A former University of Kansas professor who was accused of hiding work he did in China has avoided prison in the latest setback to a controversial Trump-era crackdown on Chinese influence in academia. United States District Judge Julie Robinson on Wednesday sentenced Feng “Franklin” Tao to time served after earlier throwing out his conviction on three counts of wire fraud. Robinson said Tao’s single remaining conviction for making a false statement did not warrant a prison sentence and there was no evidence he shared proprietary information with anyone in China. “This is not an espionage case,” Robinson said. “Maybe that’s what the…

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    • 19 January

      ‘Best thing that happened’: Chinese return home after years apart

      Zero-COVID left many Chinese families – overseas and at home – separated for years. Now, they can finally reunite. As Vicky Liu prepared to return home to China to celebrate the Lunar New Year with her family for the first time in more than three years, she wondered how much would have changed. “The answer is a lot,” Liu, a 25-year-old postgraduate student in the United States who is from China’s northeastern city of Qingdao, told Al Jazeera. In this period of time, two of her grandparents had died, two cousins had got married and a third cousin had become a mother. Liu’s parents had also bought a new house, her long-distance partner had moved from Qingdao to Shanghai and…

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    • 19 January

      New Zealand’s Jacinda Ardern to step down as PM, sets October election

      Wellington: New Zealand Prime Minister Jacinda Ardern, whose empathetic handling of the nation’s worst mass-shooting and health-driven response to the coronavirus pandemic led her to become an international icon but who faced mounting criticism at home, said Thursday she was leaving office. Fighting back tears, Ardern told reporters in Napier that February 7 will be her last day as prime minister. “I am entering now my sixth year in office, and for each of those years, I have given my absolute all,” she said. She also announced that New Zealand’s next general elections would be held on October 14, and that she would remain a lawmaker until then. It’s unclear who will take over as prime minister until the election.…

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    • 19 January

      Iran says UK in ‘no position to preach’ citing Prince Harry’s Afghanistan claim

      Iran accused Prince Harry of committing a “war crime” after the Duke of Sussex admitted in his memoir that he killed 25 Taliban fighters during his time in Afghanistan. Iran also slammed the UK saying that the country was in “no position to preach” on human rights as it was itself “turning a blind eye” to Prince Harry’s revelations. The Iranian foreign ministry criticised UK’s anger over the execution of a British-Iranian national Alireza Akbari accused of spying by Tehran. “The British regime, whose royal family member, sees the killing of 25 innocent people as removal of chess pieces and has no regrets over the issue, and those who turn a blind eye to this war crime, are in no position to…

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    • 19 January

      Top US, Ukraine military chiefs meet for 1st time; Russia says they are in control of Soledar

      The top US military officer, Army General Mark Milley, met his Ukrainian counterpart for the first time near the Ukraine-Poland border on Tuesday. The meeting between the two chiefs underlines the growing ties between the two militaries and comes at a critical time as Russia’s war with Ukraine nears the one-year mark. Meanwhile, Russian-installed authorities in Ukraine’s Donetsk region said they were in control of Soledar. But Ukrainian President Volodymyr Zelenskyy said later that fighting for Soledar and other eastern towns and cities was continuing, reported news agency Reuters. Source

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    • 19 January

      Chinese invasion of Taiwan could come as soon as 2027, warns expert

      Taiwan’s foreign minister Joseph Wu has said that 2027 will be the year that China will seek to invade Taiwan. It comes as tensions across the Taiwan strait are at their highest in many years, as China flies fighter jets towards Taiwanese airspace daily. Mr Wu added that the current arrangement, in which Taiwan are self-governing but doesn’t outright declare independence “won’t last forever.” In doing so, he acknowledges that the island will one day be assimilated by China. Currently, Taiwan is a democratic, self-governing island that China sees as its own. This is despite the fact that it has never been under control by the ruling Communist Party, whose goal to assimilate the country is one of President Xi…

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    • 19 January

      London ULEZ: ‘Sadiq Khan wants to steal the last few years of my life with £12.50 charge’

      The expansion of ULEZ by the Mayor of London Sadiq Khan has been met with a lot of pushback. The ultra low emission zone already covers most of London but under the plans of the expansion, the £12.50 daily charge will be imposed on any vehicle entering the outer limits of the capital if it does not comply with the emission standards. The worry about the expansion is that it will exclude people from London and make it hard for those living outside London even more difficult to come into the city. When we posted this article about the expansion potentially “being blocked in court”, this attracted a lot of comments from concerned readers. Many spoke of how the expansion that…

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    • 18 January

      Afghans braving severe cold face stark choice: Food or warmth

      Many provinces in Afghanistan have seen an exceptionally cold winter, with temperatures dropping to as low as -21 degrees Celsius. The youngest of Shah Ibrahim Shahin’s children sit huddled next to each other on the thin “toushaks” – traditional Afghan floor mattresses – trying to stay warm amid freezing weather. The adults, wrapped in thread-bare woollen clothes, surround them in a small chilly room, which makes up the entirety of their home in the northern Afghan province of Baghlan. Many provinces in Afghanistan have seen an exceptionally cold winter in the last two weeks, with temperatures dropping to as low as -21 degrees Celsius (-5.8 Fahrenheit) in Kabul. More than 20 people have died due to the cold wave, according…

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