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List of All Articles with Tag 'as'

China Finance Giant’s Missed Payments Alarm Regulators, Markets
China Finance Giant’s Missed Payments Alarm Regulators, Markets
One of China’s largest private wealth managers has triggered fresh anxiety about the health of the country’s shadow
2023-08-14 17:23
Top Singapore Banker Calls for Rethink of City’s Reserves
Top Singapore Banker Calls for Rethink of City’s Reserves
Singapore needs to figure out how to better deploy its sizable reserves and leverage its wealthy status by
2023-08-14 16:54
Residents claim people being ‘robbed at gunpoint’ in Maui amid ‘lack of leadership’
Residents claim people being ‘robbed at gunpoint’ in Maui amid ‘lack of leadership’
Local residents in Hawaii’s Maui are claiming they are being looted and robbed at gunpoint after catastrophic fires ravaged parts of the island. The wildfires in Maui have become the deadliest in modern US history and have so far led to the deaths of 93 people, apart from widespread devastation of property. And now locals have said they are growing increasingly desperate for effective local leadership to step up and take control of the emergency response amid accusations of an increase in crime. They are annoyed that the leadership has been lax and not really stepping up, leaving residents to rise to the occasion and take reigns into their own hands. As rescue teams traverse the island, delivering essential supplies such as water, food and first aid, reports said locals are now taking matters in their own hands to address the situation. “There’s some police presence. There’s some small military presence, but at night people are being robbed at gunpoint,” Matt Robb, co-owner of a Lahaina bar called The Dirty Monkey was quoted as saying by Business Insider. “I mean, they’re going through houses – and then by day it’s hunky dory. So where is the support? I don’t think our government and our leaders, at this point, know how to handle this or what to do.” People also told KITV4 that residents of West Maui were frequently falling victim to theft, with essential supplies such as food and clothing being targeted. They attributed this to insufficient resources reaching Lahaina. Jeremy Aganos, the owner of Coconut Caboose, a restaurant and food truck business in Lahaina, said he lost his home and barely made it out alive. He said looters attacked his business and that it was “utter chaos” for everyone to try and find the basic essentials like water, food and shelter. Another resident, Barrett Procell, said that he and his wife were now homeless and only wearing donated clothes. Mr Procell, however, added that looters right now were not the enemies. “They are in survival mode.” “When your children and are here starving after almost burning to death and the police won’t let people drive in to give you necessities, you may turn to desperate measures. It is unfortunate people are turning to looting right now, but it’s about helping them and not villainising them,” Mr Procell said. The Maui Police said that no official reports of looting have been filed. Amid calls for more support, a tense situation unfolded recently on 11 August after police officers blocked access to a key motorway leading to Lahaina, spurring a clash between the police and nearly 100 residents, according to a report by the Honolulu Star Register newspaper. Police action reportedly prevented individuals from returning to their homes to retrieve salvageable belongings, resulting in a near-riot scenario. Residents have complained of feeling abandoned by local leadership. “It’s just been really interesting to see how, when you have a full truck of a pallet of water or feminine products or whatever, and you’re trying to help people – that you’re being turned away,” Mr Robb said. “And I think there’s a better way to organise that to be done, I just don’t think it’s been done the correct way. I think it comes down to the lack of leadership and the lack of knowledge of how to handle this.” “I think it’s the mayor’s fault,” co-owner of the Dirty Monkey Alen Aivazian told Insider. “If he would’ve asked, they had Marines, Coast Guards sitting there waiting, ready to go, and he didn’t send them over. Why wouldn’t the feds send them over? The mayor didn’t ask and the governor didn’t push. I mean, what the hell are they doing over there? They’re just hanging out at the beach.” Residents said they are foregoing sleep and establishing neighbourhood patrols to ensure mutual safety and secure vital supplies like clean drinking water and medications. Another Maui resident, Kami Irwin, said, “I had to deal with a situation that wasn’t even part of who I am or what I do.” “I had to talk to pilots that got grounded with our medical supplies who were stuck on the Big Island because the Department of Health stopped them from transporting insulin. And we have people all over the island that need insulin.” “We literally have no idea because we are not hearing answers from anybody,” she said. “We are still left without knowing what to do. And we just got word that they stopped all air and ground transportation to drop more supplies to the west side of Lahaina today.” After visiting “ground zero” of the destruction in Lahaina, Hawaii governor Josh Green said it is clear “there is very little left there”. Read More Before and after satellite images show scale of ferocious Hawaii wildfires How to help victims of Hawaii wildfires Hawaii wildfires: A brief history of natural disasters blighting the tropical paradise
2023-08-14 16:25
Shanghai Police Detain Woman Over Alleged Forex Crimes
Shanghai Police Detain Woman Over Alleged Forex Crimes
Shanghai police have detained five people for illegal trading of foreign exchange, state media reported Thursday without giving
2023-08-14 15:45
China Looks to Attract Foreign Investment as Its Economy Struggles 
China Looks to Attract Foreign Investment as Its Economy Struggles 
China’s latest attempt to reverse the nation’s foreign investment slump includes pledges to offer overseas firms better tax
2023-08-14 15:22
Niger Junta Vows to Prosecute President, But Says Open to Talks
Niger Junta Vows to Prosecute President, But Says Open to Talks
Niger’s self-declared military leadership vowed to prosecute deposed President Mohamed Bazoum, even as it said it’s prepared to
2023-08-14 14:58
Niger’s coup leaders say they will prosecute deposed President Mohamed Bazoum for 'high treason'
Niger’s coup leaders say they will prosecute deposed President Mohamed Bazoum for 'high treason'
Niger’s mutinous soldiers say they will prosecute deposed President Mohamed Bazoum for “high treason” and undermining state security, hours after they said they were open to dialogue with West African nations to resolve the mounting regional crisis. The announcement on state television on Sunday night, by spokesman Col. Maj. Amadou Abdramane, said the military regime had “gathered the necessary evidence to prosecute before competent national and international authorities the ousted president and his local and foreign accomplices for high treason and for undermining the internal and external security of Niger.” Bazoum, Niger’s democratically elected president, was ousted by members of his presidential guard on July 26 and has since been under house arrest with his wife and son in the presidential compound in the capital, Niamey. People close to the president as well as those in his ruling party say their electricity and water have been cut off and they’re running out of food. The junta dismissed these reports Sunday night and accused West African politicians and international partners of fueling a disinformation campaign to discredit the junta. International pressure is growing on the junta to release and reinstate Bazoum. Immediately after the coup, the West African regional bloc ECOWAS gave the regime seven days to return him to power or threatened military force, but that deadline came and went with no action from either side. Last week, ECOWAS ordered the deployment of a “standby” force, but it’s still unclear when or if it would enter the country.
2023-08-14 14:26
Yuan Falls Toward This Year’s Low as Chinese Economy Sputters
Yuan Falls Toward This Year’s Low as Chinese Economy Sputters
China’s yuan fell toward its weakest level this year after a series of disappointing economic figures added to
2023-08-14 14:18
Taiwan vice president is 'troublemaker', says Beijing
Taiwan vice president is 'troublemaker', says Beijing
William Lai's stopovers in New York and San Francisco on his way to Paraguay have riled China.
2023-08-14 13:55
Embattled Peso Seeks Relief as Philippines to Weigh Rate Hike
Embattled Peso Seeks Relief as Philippines to Weigh Rate Hike
A rebound in the dollar has hit the peso harder than most of its peers and the losses
2023-08-14 11:56
Hedge Funds Turned Long Aussie Dollar at Just the Wrong Time
Hedge Funds Turned Long Aussie Dollar at Just the Wrong Time
Hedge funds turned the most bullish on the Australian dollar than they’ve been at any point this year,
2023-08-14 11:24
China Ending Years-Long Crackdown Restores Optimism as Tech Giants Report
China Ending Years-Long Crackdown Restores Optimism as Tech Giants Report
China wrapping up its crackdown on tech firms and switching to supporting the industry sets the tone as
2023-08-14 11:20
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