Mozambique’s former finance minister sentenced for fraud involving CS loans Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. The former finance minister of Mozambique, Manuel Chang, has been sentenced by a US court for his role in the fraud scandal surrounding the so-called “tuna
NEW YORK — Former Mozambican Finance Minister Manuel Chang was convicted Thursday in a financial conspiracy case that welled up from from his country’s “ tuna bond ” scandal and swept into a U.S. court. A federal jury in New York delivered the verdict. Chang was accused of accepting payoffs to put his African nation
ATLANTA — The federal government is making its first loan to a crystalline silicon solar plant, loaning $1.45 billion to support a South Korean company’s bid to build up key parts of the solar supply chain inside the United States. The loan from the U.S. Energy Department, announced Thursday, will be key to funding a
BOONE, N.C. — On the whooshing Watauga River, excavators claw at the remains of Shulls Mill Dam, pulling concrete apart piece by piece and gradually opening a waterway kept in check for nearly two centuries. Removal of this privately-owned hydropower dam in western North Carolina will be a boon for rafters, kayakers and tubers by
TANGIERS, Morocco — After the United States passed new subsidies designed to boost domestic electric vehicle production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in an unlikely place: Morocco. In the rolling hills near Tangiers and in industrial parks near the Atlantic Ocean, they have announced plans for new factories to
Lifestyle cannes lions By Alexandra Steigrad Published June 17, 2024, 8:32 a.m. ET Hyundai’s Angela Zepeda spoke to Page Six about the future of electric cars.Hyundai Hyundai Motor America chief marketing officer Angela Zepeda is steering the auto company towards an electrified future. The exec, who joined the carmaker in October 2019, has been a
US News By Rich Calder Published June 15, 2024, 1:08 p.m. ET The Biden administration quietly funneled $50 million in taxpayer funds earmarked for clean energy to two groups that oppose immigration enforcement. The U.S. Environmental Protection Agency tapped the New York Immigration Coalition and New Jersey Alliance for Immigrant Justice as partners to
Metro By Katherine Donlevy Published June 9, 2024, 8:13 p.m. ET A millionaire investment banker allegedly slugged a woman in the face, sending her crashing down onto a Brooklyn street Saturday night. Disturbing video shows the man violently delivering an overhand right punch to the woman’s face in front of a crowd of partygoers enjoying
US News By Patrick Reilly Published June 8, 2024, 6:37 p.m. ET Chicago’s progressive mayor Brandon Johnson spent a jaw-dropping $30,000 in campaign finance funds on personal grooming since launching his bid for office, according to a report. Johnson used the money his supporters contributed to his Friends of Brandon Johnson campaign fund to pay
US News By The Center Square Published June 8, 2024, 4:25 p.m. ET In the wake of recent protests on college and university campuses in Ohio and nationwide, an Ohio senator wants to make rioters pay for property damages while breaking the law. Getty Images (The Center Square) – In the wake of recent protests on