Hong Kong: US passes sanctions as nations condemn new law – BBC News

US lawmakers have approved new Hong Kong-related sanctions, after Beijing imposed a security law that has been widely condemned across the world. The US measure, which penalises banks which do business with Chinese officials, was passed unanimously by both the House and the Senate. It has been sent to President Donald Trump to sign into … Read more Hong Kong: US passes sanctions as nations condemn new law – BBC News

Bill targeting banks over China’s Hong Kong law passes U.S. Senate

The U.S. Senate has sent a bill for President Trump to sign, calling for Chinese officials implementing the new national security law to be sanctioned. The bill also calls for banks doing business with the officials to be penalized. The legislation was approved unanimously by the Senate on Thursday, a day after being passed in … Read more Bill targeting banks over China’s Hong Kong law passes U.S. Senate

US Congress unanimously votes for ‘Hong Kong Autonomy Act’ to sanction China-linked banks

The U.S. Senate unanimously approved legislation on Thursday to penalize banks doing business with Chinese officials who implement Beijing’s draconian new national security law on Hong Kong, sending it to the White House for President Donald Trump’s signature. Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN … Read more US Congress unanimously votes for ‘Hong Kong Autonomy Act’ to sanction China-linked banks

US Congress unanimously votes to approve draconian ‘Hong Kong Autonomy Act’

The U.S. Senate unanimously approved legislation on Thursday to penalize banks doing business with Chinese officials who implement Beijing’s draconian new national security law on Hong Kong, sending it to the White House for President Donald Trump’s signature. Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN … Read more US Congress unanimously votes to approve draconian ‘Hong Kong Autonomy Act’

Ray Dalio Says Capital Markets Are No Longer ‘Free Markets’

Jul.02 — Recent central bank actions mean capital markets are no longer “free,” according to Ray Dalio, the billionaire founder of investment management firm Bridgewater Associates. “Today the economy and the markets are driven by the central banks and the coordination with the central government,” Dalio said in a conversation with Bloomberg’s Erik Schatzker during … Read more Ray Dalio Says Capital Markets Are No Longer ‘Free Markets’

U.S. House passes China sanctions bill

The U.S. House of Representatives passed legislation that would penalize banks doing business with Chinese officials who implement Beijing’s new national security law imposed on the former British colony of Hong Kong. Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality … Read more U.S. House passes China sanctions bill

MMT Environment Is `Nano-Seconds Away,’ Saxo Bank Says

Jul.02 — Steen Jakobsen, chief economist and chief investment officer at Saxo Bank A/S, discusses inflation, the changing workforce and modern monetary theory, which argues that governments with their own currency can’t go broke, and can keep spending until inflation becomes a problem. “We are in a world where only inflation can save the central … Read more MMT Environment Is `Nano-Seconds Away,’ Saxo Bank Says

U.S. House passes sanctions bill targeting Chinese officials involved in new legislation

The U.S. House of Representatives has unanimously passed a bill aimed at pressuring China over the national security law for Hong Kong. The legislation announced Wednesday will penalize banks doing business with Chinese officials involved in the national security law. #China-US #HK Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): … Read more U.S. House passes sanctions bill targeting Chinese officials involved in new legislation

U.S. House Passes China-Sanctions Bill on Hong Kong Law

Jul.01 — The U.S. House of Representatives passed by unanimous consent a bill imposing sanctions on banks that do business with Chinese officials involved in cracking down on pro-democracy protesters in Hong Kong. Selina Wang reports on “Bloomberg Daybreak: Asia.”

U.K. Lays Out “Bespoke Immigration Route” For Hong Kong BNO Passport Holders

U.K. Foreign Secretary Dominic Raab said the new “bespoke immigration route” will allow holders of British National (Overseas) status to come to the U.K. without the current six month limit, granting them five years limited leave to remain, with the ability to live and work in the U.K. After these five years, they will be able to apply … Read more U.K. Lays Out “Bespoke Immigration Route” For Hong Kong BNO Passport Holders

Senator Toomey: Hong Kong Security Law ‘Very Disturbing’

Jun.30 — Republican Senator Pat Toomey from Pennsylvania discusses China’s sweeping security legislation for Hong Kong and the trade disputes between the U.S. and China. Toomey is sponsoring legislation that could target banks that deal with Chinese officials responsible for eroding Hong Kong’s autonomy. He also talks about the government’s response to the coronavirus outbreak on “Bloomberg … Read more Senator Toomey: Hong Kong Security Law ‘Very Disturbing’

AFX CEO Sandor on Supporting Minority-Owned Community Banks

Jun.26 — Richard Sandor, chairman and chief executive officer of the American Financial Exchange (AFX), discusses how community banks are helping small business during the Covid-19 pandemic. He speaks with Bloomberg’s Romaine Bostick, Taylor Riggs and Caroline Hyde on “Bloomberg Markets: What’d You Miss?”

Bair Says Banker Bonuses Should ‘Take a Hit’ After Fed Caps Dividends

Jun.26 — Sheila Bair, former chairman of the U.S. Federal Deposit Insurance Corp. and senior policy adviser at DLA Piper, discusses the Federal Reserve’s move to cap buybacks and dividend payments for the country’s largest banks, limiting banker pay, and the need for increased regulatory oversight of the hedge fund and private equity industries. She … Read more Bair Says Banker Bonuses Should ‘Take a Hit’ After Fed Caps Dividends