Tag: agreement

Sam Bankman-Fried, Prosecutors Reach New Bail Agreement

NEW YORK—Lawyers for Sam Bankman-Fried said they reached an agreement with U.S. prosecutors on Monday on revised bail conditions, after a judge raised the prospect of sending the indicted FTX cryptocurrency exchange founder to jail pending trial. Under some of the proposed new conditions, Bankman-Fried would have a new phone with no internet capability and…


Pakistan Says It Has Provided List of Nuclear Facilities to India Under Annual Practice

ISLAMABAD—Pakistan said it had handed a list of its nuclear installations and facilities to the Indian mission in Islamabad on Sunday under a decades-old agreement between the two nuclear-armed rivals. The neighbours have fought three wars and have had a number of military skirmishes in recent years. Last year an Indian missile accidentally landed in…


Tentative Deal Reached With Rail Workers to Avert Strike, Shipping Chaos

President Joe Biden has announced that a tentative deal has been reached between U.S. railroads and unions to avert a rail strike and service shutdown that threatened to wreak havoc on cargo shipments and disrupt the economy. Biden said in a statement on Sept. 15 that the tentative deal between major U.S. railroads and unions…


China Unable to Expand Security Agreements With Pacific Island Nations

News Analysis Chinese Foreign Minister Wang Yi comes up mostly empty-handed on a sweeping security pact and trade deal in his recent tour of the Pacific region. Shut out of the U.S. Indo-Pacific Economic Framework and unable to secure Solomon-Island-style security pacts with other Pacific Island nations, the Chinese Communist Party (CCP) is pushing forward with the…


Foreign Victims Show the World Why China’s Judiciary Cannot Be Trusted

Commentary Just before the anniversary of the Tiananmen Square massacre on June 4, the Chinese regime showed the world that it cares nothing for agreements when the rules do not serve them. Earlier this month, the partner of Cheng Lei—an Australian journalist held by China since 2020—revealed that the monthly consular visits to Cheng had…


Chelsea Takeover Imminent After Final Agreement Reached

LONDON—The sale of Premier League club Chelsea is expected to be completed Monday after a “final and definitive” agreement was reached with the consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. The club said Saturday that “a final and definitive agreement was entered into last night” to sell to the Boehly and Clearlake Capital…


Abbott Signs Agreement With 4th Mexican Governor

Gov. Greg Abbott late Friday signed his fourth memorandum of understanding in three days with another Mexican governor as part of his commitment to secure Texas’ shared border with Mexico. The signing came as a fourth bus transporting illegal immigrants released by the Biden administration into Texas reached Washington, arriving Saturday morning. Abbott met Friday…


Investing App Acorns, Pioneer SPAC Scrap $2.2 Billion Merger

Special purpose acquisition company Pioneer Merger Corp. and investing app Acorns Grow have mutually terminated their $2.2 billion merger agreement, according to a regulatory filing on Tuesday. The deal, announced in May last year, was originally expected to close in the second half of 2021 and the Irvine, California-based company was to be listed on…


Bhutan-China Agree to Expedite Border Talks. Experts Say Bhutan Needs to Be Cautious

NEW DELHI—The foreign ministers of Bhutan and China signed an agreement to expedite their border talks on Oct. 14. China foreign policy analysts said that Bhutan should be cautious as any conclusory agreement could end up just being on paper, while China will most likely continue with its salami-slicing tactics. The border talks are also…


US Treasury’s Yellen Seeking October Agreement on Global Minimum Corporate Tax

WASHINGTON—U.S. Treasury Secretary Janet Yellen said on Tuesday she is looking for G20 countries to reach political agreement on a global minimum corporate tax deal at their summit in October and has not ruled out a rate higher than 15 percent. Yellen, speaking to the National Association for Business Economics, said the Senate Finance Committee…