2021年5月19日星期三

Wednesday Briefing: New York state mounts criminal probe of Trump Organization finances

Wednesday, May 19, 2021

by Linda Noakes

Hello

Here's what you need to know.

Trump's legal jeopardy escalates, how Myanmar's military spies on citizens, and China's crypto crackdown

Today's biggest stories

FILE PHOTO: Trump tower in the Manhattan borough of New York City, January 20, 2021. REUTERS/Carlo Allegri

U.S.

The New York attorney general's office has now opened a criminal investigation into former President Donald Trump's company, increasing the legal risk for Trump and his family.

Attorney General Letitia James has been investigating whether the Trump Organization falsely reported property values to secure loans and obtain economic and tax benefits.

President Joe Biden's commission to study potential changes to the Supreme Court, including expanding the number of justices as some liberal activists have urged, is set to hold its first public meeting, two days after the court charged back into the battle over abortion.

The House of Representatives is expected to approve creating a 10-member commission to probe the deadly January 6 Capitol riot, testing Republicans' loyalty to Trump.

Texas Governor Greg Abbott ordered all public school districts in his state to lift mask-wearing requirements next month, contradicting the latest student-safety guidance from the U.S. Centers for Disease Control and Prevention.

Tsvia Ganon, 28, and five-month-old Ori sit inside a bomb shelter in Ashkelon, southern Israel, May 18, 2021 REUTERS/Baz Ratner

WORLD

Israel says it is not setting a timeframe for an end to hostilities with Gaza as its military pounds the Palestinian enclave with air strikes and Hamas militants unleash new cross-border rocket attacks. In Gaza, classrooms have become dormitories as Palestinians flee while in Israel the rocket shelter has become home for many.

Nearly two-thirds of people tested in India have shown exposure to COVID-19, indicating a runaway spread of the virus as the daily death toll rises to a record 4,529. Meet the volunteers braving the risks to tend to the sick and the dead.

In the months before the Myanmar military's February 1 coup, the country's telecom and internet service providers were ordered to install intercept spyware that would allow the army to eavesdrop on the communications of citizens, sources have told Reuters.

China has accused the United States of threatening the peace and stability of the Taiwan Strait after a U.S. warship again sailed through the sensitive waterway that separates Taiwan from its giant neighbour.

BUSINESS

Target beat estimates for quarterly same-store sales as a strong vaccination drive across the U.S. encouraged shoppers to return to the stores and spend their stimulus checks on home goods, clothes and other items.

As China bans financial institutions and payment companies from providing services related to cryptocurrency deals, sending bitcoin tumbling, we look at what the new crackdown means for crypto.

Place your bets! The race to find the next Tesla is on but the search is turning up plenty of clunkers as well as potential superstars.

JetBlue Airways plans to enter the transatlantic market with low-fare flights from New York to London in August, disrupting what is normally one of the world's busiest international routes.

Quote of the day

"Face recognition technology fuels the over-policing of Black and Brown communities"

Nathan Freed Wessler

Deputy project director at the American Civil Liberties Union

Amazon extends moratorium on police use of facial recognition software

Video of the day

Being a single mother by choice in Iraq

Marwa decided to go after her career dreams and divorced her husband who did not approve, leaving her a single mother in a conservative society.

And finally…

Quick sale? Ex-Hamilton car could fetch $7 million

The car, being sold by an unnamed private collector, won the Turkish Grand Prix after the Red Bulls of Mark Webber and Sebastian Vettel collided while leading one-two.

More from Reuters

COVID-19 Investigations Breakingviews Legal News

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