EUR/USD 1.16193
-0.014%
Gold 4536.05
-0.212%
Oil 102.725
1.730%
USD/JPY 158.933
0.105%
GBP/USD 1.33117
-0.047%
GBP/JPY 211.571
0.058%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
May 18th - Despite the Middle East conflict driving up energy and living costs, Thailands economy unexpectedly accelerated in the first quarter, demonstrating surprising resilience. Thailands National Economic and Social Development Council (NEDC) said on Monday that the countrys GDP grew by 2.8% year-on-year in the quarter ending March, exceeding expectations. In a statement, the council said that Thailands better-than-expected growth was driven by improved government spending, investment, and exports, while private consumption remained stable. This growth means that Thailand, a perennially lagging economy, is growing at a rate comparable to the Philippines first-quarter growth. However, its growth rate still lags behind other Southeast Asian economies such as Singapore, Vietnam, Malaysia, and Indonesia.On May 18th, at 00:21, a 5.2-magnitude earthquake struck Liunan District, Liuzhou City, Guangxi Province, with a focal depth of 8 kilometers. A second earthquake of magnitude 3.3 occurred at 07:41. As Guangxi is an important source of zinc raw materials, according to SMM, the earthquake has not affected the production of zinc smelters, and all enterprises are operating normally.On May 18th, Fu Linghui, spokesperson, chief economist, and director of the Department of Comprehensive Statistics of the National Economic Bureau, stated at a press conference held by the State Council Information Office that the booming cultural tourism and sports events have become new highlights in the development of service consumption, with related service retail sales maintaining rapid growth. Data shows that from January to April, retail sales of tourism consulting and rental services, transportation services, and cultural and sports leisure services all maintained double-digit growth, significantly faster than the overall growth rate of service retail sales.May 18 - According to Lebanese sources on the 18th, between midnight on the 17th and early morning on the 18th, the Israeli Defense Forces used missiles to attack a building in the suburbs of Baalbek in eastern Lebanon, killing Wael Abdul Halim, a commander of the Palestinian Islamic Jihad, and his daughter. Search and rescue teams are currently at the scene looking for survivors.On May 18, Fu Linghui, spokesperson, chief economist, and director of the Department of National Economic Comprehensive Statistics of the National Bureau of Statistics, stated at a press conference held by the State Council Information Office that although the impact of the Middle East geopolitical conflict continues to escalate, international energy market volatility has increased, and the stability of global industrial and supply chains has been impacted, my country has maintained overall stable industrial production, continued its transformation and upgrading, and unleashed the vitality of innovative development, demonstrating strong resilience, thanks to its complete industrial system, strong supporting capabilities, and the support of domestic energy green transformation.

FTX’s Bankman-Fried signs extradition papers as Wednesday hearing looms

Eric Stanberg

Dec 21, 2022 15:38

微信截图_20221221104629.png


FTX founder Sam Bankman-Fried has signed legal papers paving the way for his extradition from The Bahamas to the United States, where he faces fraud charges over the cryptocurrency exchange’s collapse, a Bahamas official said on Tuesday.


Doan Cleare, The Bahamas’ acting commissioner of Corrections, told Reuters the documents were signed around noon on Tuesday. A hearing in Bankman-Fried’s case will take place on Wednesday at 11 a.m. EST (1600 GMT), a court official told Reuters.


Wednesday’s proceeding could set the stage for the 30-year-old cryptocurrency mogul to depart the Caribbean nation, after several days of confusion about the status of Bankman-Fried’s extradition.


A U.S.-based lawyer for Bankman-Fried did not respond to requests for comment. A person familiar with the matter said Bankman-Fried intends to consent to extradition. Bankman-Fried has acknowledged risk management failures at FTX, but has said he does not believe he has criminal liability.


A spokesman for the U.S. attorney’s office in Manhattan declined to comment.


Bankman-Fried was arrested last week in The Bahamas, where he lives and where FTX was based, after a grand jury sitting in Manhattan federal court indicted him for allegedly stealing customer funds to plug losses at Alameda Research, his crypto hedge fund.


He initially told a Bahamas court he would contest extradition, but Reuters and other outlets reported over the weekend that he would reverse his decision.


During a court hearing on Monday at which Bankman-Fried appeared, his local defense lawyer Jerone Roberts said he had not been informed of the purpose of the proceeding. He later said that while his client had seen an affidavit laying out the charges against him, he wanted to access the complete indictment before agreeing to extradition.


Earlier on Tuesday, Roberts declined to comment as he departed Magistrate Court in capital Nassau. U.S. embassy officials earlier entered the courthouse, a Reuters witness said, but Bankman-Fried was not seen on Tuesday.


Suggestion