Author: Press Room

A watchdog group filed a complaint Monday urging the Federal Election Commission to investigate newly sworn-in Rep. George Santos, alleging he hid the true source of his campaign funding. Campaign Legal Center, a non-profit watchdog group based in Washington, D.C., alleges in a federal complaint obtained by Fox News Digital that unknown individuals or corporations may have funneled money to Santos’s campaign through a supposed consulting business, Devolder, LLC. Despite having just $55,000 to his name in 2020, Santos claimed to have earned millions of dollars in 2021 and 2022 from the consulting business he founded and purported to loan his campaign…

First Quantum Minerals has threatened to close its vast copper mine in Panama if it fails to resolve a tax dispute that it says risks damaging the country’s business-friendly reputation.Panama has demanded that the Canadian group pay corporate tax of at least $375mn a year along with a profit-based mineral royalty of 12-16 per cent, a steep rise on the $61mn FQM paid to Panama on a project that raked in $1.4bn of gross profit in 2021.The Canadian group’s chief executive Tristan Pascall said it would put its flagship project, responsible for 1.4 per cent of global copper supply, into…

ProShares notched up record inflows despite providing some of the worst-performing index trackers in the industry in 2022, as investors chased high returns in the most volatile markets.The ETF provider said it expected to set a new record for growth in 2022 with more than $17bn in net inflows. ProShares, which has $58bn in assets under management, is the second most popular midsized ETF provider after Dimensional, which had $22bn in inflows.“ETFs are designed to give investors a benchmark return, and they are successful when they do that,” said Michael Sapir, chief executive of ProShares. “No one criticises an S&P…

EXCLUSIVE: Sarah Huckabee Sanders will make history Tuesday when she is sworn in as the first female governor of Arkansas, and the youngest governor in the nation, with plans to bring an “aggressive, bold and conservative” agenda that will have a “generational impact” on the state.Sanders, 40, easily defeated Democratic opponent Chris Jones in November. She succeeds Republican Gov. Asa Hutchinson, who was term-limited and could not run again. He endorsed her bid.SARAH HUCKABEE SANDERS MAKES HISTORY AS ARKANSAS’ FIRST FEMALE GOVERNORSanders follows in the footsteps of her father, former Arkansas Gov. Mike Huckabee, who led the state from 1996…

Washington CNN  —  As Russia’s invasion of Ukraine enters its 11th month, US and Ukrainian officials tell CNN that Russia’s artillery fire is down dramatically from its wartime high, in some places by as much as 75 percent. US and Ukrainian officials don’t yet have a clear or singular explanation. Russia may be rationing artillery rounds due to low supplies, or it could be part of a broader reassessment of tactics in the face of successful Ukrainian offenses. Either way, the striking decline in artillery fire is further evidence of Russia’s increasingly weak position on the battlefield nearly a year…

CNN  —  The Biden administration rolled out additional measures during Tuesday’s North American Leaders’ Summit in a desperate bid to keep migrants from journeying to the US southern border. The latest slate of efforts come at a time of unprecedented movement in the Western Hemisphere and are designed to curb border crossings while making programs to legally migrate to the United States, Mexico and Canada more accessible, according to a senior administration official. But the success of those measures is dependent on migrants seeing those options as viable, especially when urgently fleeing deteriorating conditions in their home countries. Over the…

California has faced deadly severe weather for days, with at least six people having died since New Year’s weekend, including a toddler who was killed after a redwood tree fell, crushing a mobile home in the state’s north.Two people killed in what appeared to be storm-related deaths in Sacramento County over the weekend were identified by the county’s coroner’s office on Monday. Both Rebekah Rohde, 40, and Steven Sorensen, 61, were found inside tents at separate homeless encampments, with a tree branch having fallen on both tents, the coroner’s office said. The cause of death for both was still pending…

However, hospitals visited by Reuters in Shanghai and Chengdu, as well as others around the country depicted in images and videos posted on social media, had overwhelmed emergency departments and long queues at fever clinics. Analysts looking to get clues about the true size of outbreak have turned to other indicators, such as how busy crematoriums are. In Tonglu county, residents described how crowded the local crematorium was, echoing what funeral home staff in other cities such as Beijing and Shanghai have told Reuters. On Monday afternoon, about 50 family members and neighbours participated in a funeral procession for a…

PDI-P won the elections in 2014 and 2019 after being out of power for a decade. In her speech, Mdm Soekarnoputri called on her party members to work hard to secure another win in the upcoming election.  “We have won twice, don’t you want to win three times… Once again, are you ready to win a third time?”  Mdm Soekarnoputri was Indonesia’s fifth president, having ruled between 2001 to 2004.  But her former minister Susilo Bambang Yudhoyono, then head of his Democrat Party, defeated her in the 2004 presidential election.  PDI-P then became the opposition party between 2004 to 2014. …

Wintermute, a leading global crypto market maker, has paid its 36 British staff a total of $83 million in 2021, suggesting that the crypto company gave birth to 36 new millionaires. According to its newly filed annual report, Wintermute paid its 36 UK staff $83 million in 2021, meaning the firm had an average payout of $2.3 million for each employee. Furthermore, the crypto company paid a whopping $22.5 million to one director in the year. The unprecedented payment came in a year when almost all cryptocurrencies hit all-time highs. Amid the surge in crypto prices, Wintermute made $582 million in profits in 2021…