The founder and majority owner of a cryptocurrency exchange, Bitzlato Ltd. (Bitzlato), was arrested last night in Miami for his alleged operation of a money transmitting business that transported and transmitted illicit funds and that failed to meet U.S. regulatory safeguards, including anti-money laundering requirements.
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Gross domestic product (GDP) in the People’s Republic of China (PRC) is forecast to surge this year despite persistent uncertainties over the coronavirus disease (COVID-19) pandemic, according to a new report by the Asian Development Bank (ADB) released today.
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In the People’s Republic of China, a study shows pension income in rural areas improves economic independence and health of older people.
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A professor and researcher at Massachusetts Institute of Technology (MIT) was charged and arrested today in connection with failing to disclose contracts, appointments and awards from various entities in the People’s Republic of China (PRC) to the U.S. Department of Energy.
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The Asian Development Bank (ADB) and Far East Horizon Limited (FEH) entered a $75 million loan agreement to strengthen the capacity of rural public hospitals and support coronavirus disease (COVID-19) pandemic control in the People’s Republic of China.
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Gender equality needs to be at the forefront to make environmental policies more effective and to speed the full recovery from COVID-19.
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The Asian Development Bank (ADB) has approved a loan of $150 million for clean energy financing in the greater Beijing–Tianjin–Hebei (BTH) and Yangtze River Delta (YRD) regions of the People’s Republic of China (PRC) as the latest part of a multiyear program to improve air quality.
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The CAREC region, excluding the People’s Republic of China, could see a drop of almost 70% in airline passengers in 2020. This translates to 40 million fewer passengers and roughly $7 billion in lost passenger revenue, putting up to 1 million travel and tourism jobs at risk.
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