Biden to offer temporary 'safe haven' to Hong Kong residents in US

5/8/2021 4:14:00 PM

Biden to offer temporary 'safe haven' to Hong Kong residents in US

Biden to offer temporary 'safe haven' to Hong Kong residents in US

WASHINGTON: The United States on Thursday (Aug 5) plans to offer a temporary \u0022safe haven\u0022 to thousands of Hong Kong residents, a senior administration official told Reuters, allowing them to extend their stay in the country in response to Beijing\u0027s crackdown on dissent in the Chinese territory. Presid

LinkedIn WASHINGTON: The United States on Thursday (Aug 5) plans to offer a temporary"safe haven" to thousands of Hong Kong residents, a senior administration official told Reuters, allowing them to extend their stay in the country in response to Beijing's crackdown on dissent in the Chinese territory.Advertisement Business Swiss bank UBS was fined HKUS$11..LinkedIn TOKYO : Hong Kong's Lee Ho Ching, Doo Hoi Kem and Minnie Soo Wai Yam secured bronze at the women's team event on Thursday after a close 3-1 win over the German team.

President Joe Biden is expected to sign a memorandum directing the State and Homeland Security departments to grant Hong Kong residents in the United States an 18-month"deferral of removal", the official said.The vast majority of Hong Kong residents in the United States are expected to be eligible, but there will be some legal conditions, the person said, calling it a"temporary safe haven".5 million) by Hong Kong's securities regulator for failing to disclose its holdings in some companies covered in its research reports, the watchdog said on Tuesday."The PRC continues to wield the national security law to deny basic rights and freedoms, to assault Hong Kong's autonomy, to undermine the remaining democratic processes in Hong Kong," the source said on condition of anonymity, using the official acronym for China."We will continue to take steps to support the people of Hong Kong given this ongoing repression," the official said.REUTERS/Arnd Wiegmann 03 Aug 2021 07:00PM Share this content Bookmark HONG KONG: Swiss bank UBS was fined HKUS$11.Related: Hong Kong media outlet, broadcaster and artist all quit city The measure is the latest in a series of actions Biden has taken to address what his White House says is the erosion of rule of law in the former British colony, which returned to Beijing's control in 1997."After I win the match, I still feel that it's totally unbelievable.

The US government in July applied more sanctions on Chinese officials in Hong Kong, and issued an updated business advisory warning companies of risks of operating under the national security law, which China implemented last year to criminalise what it considers subversion, secessionism, terrorism or collusion with foreign forces.5 million) by Hong Kong's securities regulator for failing to disclose its holdings in some companies covered in its research reports, the watchdog said on Tuesday.Critics say that the law facilitates a crackdown on opposition activists and a free press in the territory, which Beijing had agreed to allow to operate under considerable political autonomy for 50 years after it regained control.China retaliated against the US actions last month with its own sanctions on American individuals, including former US commerce secretary Wilbur Ross.Advertisement Advertisement The fines were also related to four other compliance breaches, including the bank's failure to record 35 telephone lines between August 2017 and 2019 involving over 2,000 transactions executed for more than 400 clients.US lawmakers have sought legislation that would make it easier for people from Hong Kong fearing persecution after joining protests against China to obtain US refugee status, and Secretary of State Antony Blinken has said that the United States should accept people fleeing the Hong Kong crackdown.Source: Reuters/kg.The bank was also found to not have received proper authorisation from 91 clients who were not classified as professional investors in respect of 913 securities pooled lending transactions.The German trio, who were the same team that won silver at the 2016 Rio Olympics, said they gave everything in their bid to win a medal.

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