
Japan's famous sake joins UNESCO's cultural heritage list, a boost to brewers and enthusiasts
President-elect Donald Trump announced Wednesday that he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission. Trump said Atkins, the CEO of Patomak Partners and a former SEC commissioner, was a “proven leader for common sense regulations.” In the years since leaving the SEC, Atkins has made the case against too much market regulation. “He believes in the promise of robust, innovative capital markets that are responsive to the needs of Investors, & that provide capital to make our Economy the best in the World. He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before,” Trump wrote on Truth Social. The commission oversees U.S. securities markets and investments and is currently led by Gary Gensler, who has been leading the U.S. government’s crackdown on the crypto industry. Gensler, who was nominated by President Joe Biden, announced last month that he would be stepping down from his post on the day that Trump is inaugurated — Jan. 20, 2025. Trump, once a crypto skeptic, had pledged to make the U.S. “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Money has poured into crypto assets since he won. Bitcoin, the largest cryptocurrency, is now above US$95,000. And shares in crypto platform Coinbase have surged more than 70 per cent since the election. Paul Grewal, chief legal officer of Coinbase, congratulated Atkins in a post on X. “We appreciate his commitment to balance in regulating U.S. securities markets and look forward to his fresh leadership at (the SEC),” Grewal wrote. “It’s sorely needed and cannot come a day too soon.” Congressman Brad Sherman, a California Democrat and a senior member of the House Financial Services Committee, said he worries Atkins would not sufficiently regulate cryptocurrencies as SEC chair. “He’d probably take the position that no cryptocurrency is a security, and hence no exchange that deals with crypto is a securities exchange,” Sherman said. “The opportunity to defraud investors would be there in a very significant way.” Atkins began his career as a lawyer and has a long history working in the financial markets sector, both in government and private practice. In the 1990s, he worked on the staffs of two former SEC chairmen, Richard C. Breeden and Arthur Levitt. His work as an SEC commissioner started in 2002, a time when the fallout from corporate scandals at Enron and WorldCom had turned up the heat on Wall Street and its government regulators. Atkins was widely considered the most conservative member of the SEC during his tenure at the agency and known to have a strong free-market bend. As a commissioner, he called for greater transparency in and analysis of the costs and benefits of new SEC rules. He also emphasized investor education and increased enforcement efforts against those who steal from investors over the internet, manipulate markets, engage in Ponzi schemes and other types of fraud. At the same time, Atkins objected to stiff penalties imposed on companies accused of fraudulent conduct, contending that they did not deter crime. He caused a stir in the summer of 2006 when he said the practice of granting stock options to executives before the disclosure of news that was certain to increase the share price did not constitute insider trading. U.S. Rep. Patrick McHenry, a North Carolina Republican and chairman of the House Financial Services Committee, said Atkins has the experience needed to “restore faith in the SEC.” “I’m confident his leadership will lead to clarity for the digital asset ecosystem and ensure U.S. capital markets remain the envy of the world,” McHenry posted on X. Atkins already has some experience working for Trump. During Trump's first term, Atkins was a member of the President’s Strategic and Policy Forum, an advisory group of more than a dozen CEOs and business leaders who offered input on how to create jobs and speed economic growth. In 2017, Atkins joined the Token Alliance, a cryptocurrency advocacy organization. Crypto industry players welcomed Trump’s victory in the hopes that he would push through legislative and regulatory changes that they’ve long lobbied for. Trump himself has launched World Liberty Financial, a new venture with family members to trade cryptocurrencies.
Yet another stowaway managed to board a major airline’s plane – renewing serious questions and concerns about airport safety during the busiest travel season of the year. This time, a stowaway tried to hitch a ride on Delta Air Lines Flight 487 at Seattle-Tacoma International Airport on Christmas Eve. The unticketed passenger was discovered while the plane was still taxiing out for takeoff to Honolulu, Delta Air Lines told CNN. The Transportation Security Administration and the Port of Seattle confirmed the incident to CNN. The incident came less than a month after another stowaway boarded a Delta airplane Thanksgiving week. That unticketed passenger made it all the way from New York’s John F. Kennedy International Airport to Paris before she was eventually arrested . Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024, in Seattle, Washington. And on Christmas Eve, a body was found in a wheel well of a United Airlines plane shortly after it traveled from Chicago’s O’Hare International Airport and landed in Maui. Hiding in a plane’s wheel well is the most common method used by stowaways , the Federal Aviation Administration said. Stowaways often get crushed when the landing gear retracts, and oxygen levels plummet as a plane reaches higher altitudes. In the Seattle incident, the stowaway went through a TSA security checkpoint the evening before the flight but wasn’t holding a boarding pass, an airport spokesperson told CNN. The next day, the person “gained access to the loading bridge without a scanned ticket at the gate,” airport media relations manager Perry Cooper said. Once the person was discovered, the Airbus A321neo returned to the gate to remove the unticketed passenger, Delta said. Port of Seattle police officers were dispatched to gate B1 at the airport around 1:05 p.m. for “a report of a suspicious circumstance” on the Delta flight. The person “ran out” of the aircraft before officers arrived, Cooper told CNN Friday. “The aircraft returned to the terminal and the subject departed the aircraft,” the Port of Seattle said. “With the help of video surveillance, POSPD were able to locate the subject in a terminal restroom. The subject was arrested for criminal trespass.” The unticketed passenger didn’t have any prohibited items, the TSA told CNN. “The aircraft was swept by K9 as well as all areas in the terminal accessed by the subject,” the Port of Seattle said. “The aircraft was deplaned and all passengers were escorted by TSA to return to the security checkpoint for rescreening.” CNN has reached out to the Port of Seattle for additional comment. Delta said the flight was delayed by two hours and 15 minutes. After the rescreening, it continued to Honolulu at 3 p.m. “As there are no matters more important than safety and security, Delta people followed procedures to have an unticketed passenger removed from the flight and then apprehended,” the Atlanta-based airline said in a statement. “We apologize to our customers for the delay in their travels and thank them for their patience and cooperation.” TSA said it “takes any incidents that occur at any of our checkpoints nationwide seriously. TSA will independently review the circumstances of this incident at our travel document checker station at Seattle/Tacoma International.” How the person got through airport security is a question many want answered. There are a number of factors at play, according to former commercial airline pilot and aviation analyst, John Nance. “There are multiple causes that come into this, and they probably involve not only a bit of lackadaisical inattention,” Nance told CNN affiliate KING . “It may be training, it may be compliance, but it’s probably all of that.” It’s “embarrassing” for this situation to happen twice to the same airline and TSA, according to former Department of Homeland Security official Keith Jeffries, who was federal security director when he left the DHS in 2022. In his 20 years working with DHS and the TSA, Jeffries said he’s seen these situations multiple times. “It has happened before. It will happen again until they continue to strengthen that vulnerability,” Jeffries said. “The fact that it happened to the same airline, of course, couldn’t be more embarrassing, especially back-to-back, and during the holiday season, when there’s an extra alertness associated with the large holiday season,” Jeffries added. During the holidays, Jeffries explained, there’s typically more staffing at the airports being “extra vigilant.” TSA, airlines and airports have even more people present to ensure things like this don’t fall through the cracks, making these cases “even more concerning,” he said. If there is a “silver lining,” Jeffries said, it’s that Delta did catch the stowaway during the taxi, and they didn’t make it to Hawaii. The stowaway also didn’t have prohibited items when scanned through TSA, which is another plus, he said. “Everybody’s going to have to work together; TSA and the airlines on how they can strengthen both of those vulnerabilities, and in some cases, even work with the airport,” he said. Congress will likely scrutinize these incidents, Nance added. “But there will be no one paying more attention than the airlines themselves,” he said. ___ CNN’s Holly Yan, Pete Muntean, Amanda Musa and Nicole Chavez contributed to this report. Elise Mertens, of Belgium, serves against Naomi Osaka, of Japan, at the BNP Paribas Open tennis tournament, on March 11, 2024, in Indian Wells, Calif. (AP Photo/Mark J. Terrill) Fans interfere with a foul ball caught by Los Angeles Dodgers right fielder Mookie Betts during the first inning in Game 4 of the baseball World Series against the New York Yankees, on Oct. 29, 2024, in New York. 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(AP Photo/Emilio Morenatti) Wearing a device that measures his energy consumption, Israel Amputee Football Team player Ben Maman, left, fights for the ball with a young soccer player from a local team during a practice session in Ramat Gan, Israel, on April 11, 2024. (AP Photo/Leo Correa) First-graders attend the traditional ceremony for the first day of school in Zaporizhzhia, Ukraine, on Sept. 1, 2024. (AP Photo/Evgeniy Maloletka) With tears streaming down her face, a supporter of Democratic presidential nominee Vice President Kamala Harris applauds as Harris delivers a concession speech on Nov. 6, 2024, after losing the 2024 presidential election, on the campus of Howard University in Washington. (AP Photo/Jacquelyn Martin) A mural of former Argentine first lady María Eva Duarte de Perón, better known as Eva Perón, or Evita, depicting her with a saint's halo, adorns a wall inside the Peron Peron restaurant in the San Telmo neighborhood of Buenos Aires, Argentina, Friday, Feb. 9, 2024. (AP Photo/Natacha Pisarenko) A girl plays a jump rope game at a school housing residents displaced by gang violence in Port-au-Prince, Haiti, on May 15, 2024. (AP Photo/Ramon Espinosa) People fish next to drainage that flows into the Paraguay River in Asuncion, Paraguay, on Jan. 28, 2024. (AP Photo/Jorge Saenz) Athletes compete during the men's 10km marathon swimming competition at the 2024 Summer Olympics in Paris, France, on Aug. 9, 2024. (AP Photo/Vadim Ghirda) Lava flows from a volcanic eruption that started on the Reykjanes Peninsula in Iceland, Nov. 20, 2024. 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Kenya is moving forward with plans to secure a Sh193 billion ($1.5 billion) loan from the United Arab Emirates (UAE). This is despite the International Monetary Fund (IMF) urging caution due to concerns that this could exacerbate the country’s debt situation. To address these concerns, sources cited by Bloomberg indicate that the Abu Dhabi loan will be disbursed to Kenya in tranches, ensuring compliance with borrowing limits set under the four-year IMF programme that concludes in April, reported Bloomberg. Kenya is expected to access about Sh91 billion ($700 million) at the beginning of next year, with the remainder to be disbursed later, although timelines are subject to change, reported Bloomberg. President William Ruto’s government reckons that the loan will provide a crucial buffer against a budget crisis, particularly as the Kenya Revenue Authority (KRA) has consistently missed its revenue targets. Kenya has also secured a Sh26 billion ($200 million) loan from the African Development Bank (AfDB) and is in discussions with the World Bank for a new loan of Sh97 billion ($750 million), a separate report from Reuters said. Director General of the Ministry of Finance’s Public Debt Management Office Raphael Owino, was quoted by Reuters as saying, “The World Bank is coming on board, riding on the back of IMF receipts. The AfDB is already on board.” Despite the IMF’s calls for reduced borrowing, President Ruto faces challenges following the withdrawal of the Finance Bill 2024 in response to Gen Z protests against perceived punitive tax measures. ALSO READ: 'Broke' government living large: Ruto adds Sh3tr to public debt The National Treasury is now attempting to reintroduce some proposals through the Tax Laws (Amendment) Bill, projected to yield only Sh174 billion instead of the earlier target of Sh346 billion. The success of these proposals remains uncertain amid ongoing resistance to increased taxes. The IMF had earlier warned of a difficult path ahead for Kenya as it disbursed $606 million (Sh78.1 billion) to support the government’s budgetary needs. Earlier this month, IMF Mission Chief for Kenya Haimanot Teferra, highlighted that if the terms of the UAE loan are more favourable than existing costly loans, it could be beneficial. Teferra cautioned that borrowing at high rates to finance the budget could worsen the situation. “We need to carefully consider how the funds are utilised, their terms, and how they affect Kenya’s current debt dynamics,” Teferra remarked. Stay informed. Subscribe to our newsletter The IMF also revealed this week that its Deputy Managing Director Nigel Clarke is scheduled to visit Kenya next month as the Bretton Woods institution continues to pressure the government to expand the tax base and implement reforms to curb its borrowing appetite, given the limited capacity for new loans. Clarke’s visit on December 9 and 10 will involve meetings with government officials and key stakeholders, said the IMF. Director of the IMF Communications Department Julie Kozack noted that Kenya’s government faces a complex balancing act between urgent spending needs in social programmes, health, and education while managing rising public debt and increasing domestic revenue. She reiterated that the UAE loan discussions with Kenya or any new borrowing should align with a comprehensive fiscal strategy to mitigate debt vulnerabilities amid ongoing fiscal challenges. While discussing the recent reviews of Kenya’s performance, IMF First Deputy Managing Director Gita Gopinath remarked earlier: “Fiscal performance has significantly fallen short of targets, leading to increased debt vulnerabilities. The IMF has noted that a “credible fiscal consolidation strategy remains essential for addressing these vulnerabilities while safeguarding social and development spending.” “Reforms to enhance the efficiency, equity, and transparency of the tax regime are critical to garnering political and societal support.”A medical worker administers a vaccine in an undated photograph.Photo: Taipei Times Staff writer, with CNA The Centers for Disease Control (CDC) yesterday announced that it would make 200,000 doses of a protein-based Novavax vaccine targeting the JN.1 subvariant of COVID-19 available to the public from Wednesday next week. 請繼續往下閱讀... The vaccine was an alternative for those who previously had an adverse reaction to more common mRNA COVID-19 vaccines, the CDC said. The Novavax JN.1 jabs would be available to those who are 12 years old or above, CDC Deputy Director-General Tseng Shu-huai (曾淑慧) said. Meanwhile, 1.7 million out of the 5.5 million doses of Moderna’s mRNA-based JN.1 COVID-19 vaccine procured by the CDC have already been administered, CDC statistics showed. As Taiwan is well-stocked with mRNA vaccines, unvaccinated people, particularly those who are 65 or older and those with chronic illnesses, should get a shot as soon as possible to lower the chances of developing terminal symptoms due to COVID-19, Tseng said. People should also be aware that it takes two weeks for a vaccine to begin providing protection against COVID-19, Tseng added. In other developments, the CDC said 94,882 visits to emergency departments and outpatient clinics for flu-like symptoms were reported from Dec. 15 to Saturday last week, a 16 percent increase compared with the number of cases recorded the previous week. Among those who visited emergency departments in that period, 10.8 percent were due to flu-like illnesses, very close to the epidemic threshold of 11 percent, it said. CDC Deputy Director-General Tseng Shu-huai (曾淑慧) warned that in winter, viruses targeting the human respiratory system are more active, and with year-end activities such as Christmas celebrations and New Year’s gatherings, the risk of disease transmission is increasing. She urged people who have not yet received a flu jab, especially those in high-risk groups, to get vaccinated as soon as possible. The CDC on Tuesday last week announced that free flu vaccines would be offered to all unvaccinated residents in Taiwan aged 6 months or older starting on Jan. 1 until the vaccine supply is used up. 新聞來源: TAIPEI TIMES 不用抽 不用搶 現在用APP看新聞 保證天天中獎 點我下載APP 按我看活動辦法Special counsel moves to dismiss election interference and classified documents cases against Trump
BEREA, Ohio (AP) — Myles Garrett didn't know he had joined a prestigious list of defensive stars last week until one of his biggest fans pointed it out to him. “My dad was hyped about it,” he said. For good reason. With three sacks last week in Cleveland's 24-19 win in prime time over the Pittsburgh Steelers, Garrett became the seventh player to reach double-digit sacks in seven straight seasons since the stat became official in 1982. The others: Lawrence Taylor (1984-90), Reggie White (1985-93), Bruce Smith (1992-98), John Randle (1992-99), DeMarcus Ware (2006-12) and Jared Allen (2007-13). All of them is in the Hall of Fame except for Allen. “Hall of Famer,” Garrett said in praising the retired Minnesota Vikings edge rusher, who is again on the doorstep of induction as a semifinalist for the fifth straight year. Garrett is on track to get his own bronze bust one day in Canton, but until then, he's humbled to be in such elite company. “Guys I looked up to when I started my journey into this game,” said Garrett, who tries to bolster his resume on Monday night when the Browns (3-8) visit the Denver Broncos (7-5). “It’s absolutely amazing to be amongst those guys, not just looking up at them but looking side to side and standing amongst them. "So I want to continue to find myself on those lists and hopefully stand alone at the end of the day.” He's on his way. The NFL's reigning Defensive Player of the Year is having another monster season but probably not getting the recognition he deserves as the Browns, upended by continuous quarterback issues, have fallen way short of expectations. Garrett used the national TV platform against the Steelers to remind any detractors of his greatness. He sacked Russell Wilson three times, forced a fumble and outplayed Pittsburgh's T.J. Watt, the player to whom he is most often compared. The Garrett vs. Watt debate went to another level in February. On the day Garrett received his DPOY award, second-place finisher Watt seemed to take a shot at the Browns star by posting “Nothing I'm not used to” on social media. Those comments stuck with Garrett, who following the win over Pittsburgh — and Watt being held without a sack — didn't hold back in declaring himself the league's best pass rusher. “I wanted to make it known that I’m the guy, I’m the No. 1 edge defender,” Garrett said. It was an unusual boast from Garrett, who was asked why he felt he needed to express himself. “Because part of my journey of being the best player that I can be is I think I can be the best player that there is currently,” he said. ”So I have to live up to those expectations I have for myself. That’s just on the road to be the player that I want to be.” Garrett's unrelenting drive is what sets him apart. Although he'll enter Monday's game with 98 1/2 sacks and can become just the fifth player to reach 100 in his first eight seasons, joining White, Ware, Allen and Watt, it's not enough. “I still took too long,” said Garrett, who can become the first to do it before turning 29. “It’d have been tough to catch Mr. White, but hopefully this next however many number will come quicker than the first 100. So we’ll go out there and we’ll do what I do and try to take it up a notch.” Browns defensive coordinator Jim Schwartz marvels at Garrett's output despite double- and triple-team blocking. “He just continues to do stuff,” Schwartz said. “His production is so high, even though he’s a marked man, even though every game plan starts with, ‘Don’t let 95 wreck the game,’ and he still finds a way to wreck games.” Schwartz doesn't need to see any lists to know Garrett belongs among the best to ever rush a quarterback. “Yes, he does,” Schwartz said. "I think he’s just starting to hit his prime. I think he still has a lot left in front of him. The sky is the limit as far as he goes. And when it’s all said and done, maybe you’re comparing other people to him. That should probably be a goal for him.” AP NFL: https://apnews.com/hub/nfl
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