As much as 10 percent of the $4.2 trillion the U.S. government has disbursed in COVID-19 relief aid may have been lost to fraud and waste. A new analysis of COVID relief spending by the Associated Press estimates fraudsters collected more than $283 billion while another $120 billion was wasted or misspent. The news outlet…
10 Percent of $4.2 Trillion US COVID Relief Was Lost to Fraud and Waste: Report
10 Percent of $4.2 Trillion US COVID Relief Was Lost to Fraud, Waste: Report
As much as 10 percent of the $4.2 trillion the U.S. government has disbursed in COVID-19 relief aid may have been lost to fraud and waste. A new analysis of COVID relief spending by The Associated Press estimates that fraudsters collected more than $283 billion, while another $120 billion was wasted or misspent. The news…
House Committee Report Urges Stronger Measures Against Chinese Interference in Canadian Universities
In light of increased foreign interference and infiltration operations by the People’s Republic of China (PRC), a new report from a House of Commons committee urges the federal government to take a tougher stance against Beijing and strengthen regulations to protect Canadian security. The report, published May 17, was released in response to Beijing’s “increasingly assertive…
Inspectors Find Bullying, Harassment, and Discrimination in England’s Fire Service
“Deeply troubling” evidence of bullying, harassment, and discrimination in England’s fire service ranks could be “the tip of the iceberg,” an independent inspector has said. According to a report from His Majesty’s Inspectorate of Constabulary and Fire & Rescue Services (HMICFRS), staff recalled racist, sexist, and homophobic comments and behaviours which had gone unchallenged or…
More Than Half of Global Population Overweight or Obese by 2035: Report
Fifty-one percent of the world’s people will be overweight or obese by 2035, with the most affected countries being in Asia and Africa, a new report estimates. The World Obesity Federation report claims that overweight and obesity-related problems could cost $4.35 trillion annually by 2035 if prevention and support do not improve. The report says its estimates…
US New Vehicle Sales to Fall in December as High Prices Deter Buyers: Report
U.S. total new vehicle retail sales are expected to decline in December as high vehicle prices and rising borrowing costs pushed consumers to cut back spending, a report from industry consultants J.D. Power-LMC Automotive showed on Wednesday. “Elevated pricing, coupled with repeated interest rate increases, continue to inflate monthly loan payments,” said Thomas King, president…
European Tech Industry Loses $400 Billion Market Value, Report Says
December 7, 2022
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Business & Marketseconomic policieseconomyEuropeinflationInvestmentmarketMarketsreportTechTech NewsWorld
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LONDON/STOCKHOLM—The European tech industry saw $400 billion in value wiped out this year and an 18 percent decline in venture capital funding, according to a report from venture capital firm Atomico. The combined value of public and private tech firms in Europe fell to $2.7 trillion, down from $3.1 trillion in late 2021. High interest…
China Seeks to Seize Taiwan, Displace US as Global Leader: Pentagon Report
November 29, 2022
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arms raceCCPChinaChinese RegimeDODInternational RelationsmilitaryreportSpecial TopicsTaiwanThreat from Communist ChinaUSUS-China relations
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Communist China is engaged in a whole-of-nation approach to expand its military, seize Taiwan, and topple the United States as leader of the international order, according to a new report released by the Pentagon. The Department of Defense’s annual China Military Power Report (pdf), released on Nov. 29, serves as an authoritative assessment of the…
Deputies Find 5 Dead in Maryland Home After Shooting Report
LA PLATA, Md.—Five adults were found dead in a Maryland home after deputies responded to reports of a shooting, according to a sheriff. The Charles County Sheriff’s office said in a tweet that deputies responded to the home in La Plata at 4 p.m. Friday in response to the shooting reports. The sheriff’s office said…
Authorities Say 5 Dead in Maryland Murder-Suicide
LA PLATA, Md.—A 28-year-old man is suspected of killing his ex-girlfriend, two of her relatives and another man inside a Maryland home before fatally shooting himself, authorities said Saturday. The five deceased individuals were found inside the La Plata residence Friday afternoon when an unidentified homeowner arrived after work, the Charles County Sheriff’s Office said…
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