‘Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against two companies and four individuals in Japan associated with the Yamaguchi-gumi, the largest and most prominent Japanese Yakuza syndicate.’
Category: Economy
Amazon ups minimum wage to $15 for all full, part-time and seasonal employees
“We listened to our critics, thought hard about what we wanted to do, and decided we want to lead,” said Amazon CEO and founder Jeff Bezos in a statement. “We’re excited about this change and encourage our competitors and other large employers to join us.”
Amazon also said it would begin lobbying for an increase in the federal minimum wage, which is currently $7.25.’
Canada, U.S. have reached a NAFTA deal | CBC News
If Jho Low is China’s bargaining chip, what can Malaysia do?
‘The financier Low Taek Jho, commonly known as Jho Low, is suspected of involvement in the same scandal that has seen Malaysia’s former prime minister Najib Razak appear in court charged with more than 20 counts of money-laundering, breach of trust and corruption.’
Trump metals tariffs will cost Ford $1 billion in profits, CEO says
‘Trump metals tariffs will cost Ford $1 billion in profits, CEO says’
‘“From Ford’s perspective the metals tariffs took about $1 billion in profit from us,” CEO James Hackett said at a Bloomberg conference in New York, “The irony of which is we source most of that in the U.S. today anyway. If it goes on any longer, it will do more damage.” He did not specify what period the $1 billion covered.’
Fed Raises Rates for Third Time in 2018
As aid checks go out, farmers worry bailout won’t be enough
‘U.S. farmers will soon begin receiving government checks as part of a billion-dollar bailout to buoy growers experiencing financial strain from Pres. Trump’s trade disputes with China.’
Chinese National Arrested for Allegedly Acting Within the United States as an Illegal Agent of the People’s Republic of China
Ji worked at the direction of a high-level intelligence officer in the Jiangsu Province Ministry of State Security, a provincial department of the Ministry of State Security for the People’s Republic of China
Ji was tasked with providing the intelligence officer with biographical info on eight individuals for possible recruitment by the JSSD. The individuals included Chinese nationals who were working as engineers & scientists in the US, some of whom were defense contractors.’
US hits Chinese unit with sanctions for buying Russian jets, missiles
BREAKING: The United States hit a Chinese military organization with punishing financial sanctions for buying Russian fighter jets and missiles as it stepped up pressure on Moscow over its “malign activities”.
US slaps sanctions on Chinese military unit for buying Russian jets, missiles AND US puts 33 Russian intel, military officials on sanctions blacklist.