united states – Intersindical RTVV http://www.intersindicalrtvv.com/ Sun, 20 Mar 2022 21:10:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.intersindicalrtvv.com/wp-content/uploads/2021/03/intersindicalrtvv-icon-70x70.png united states – Intersindical RTVV http://www.intersindicalrtvv.com/ 32 32 St. Patrick’s Day Parade returns to South Boston https://www.intersindicalrtvv.com/st-patricks-day-parade-returns-to-south-boston/ Sun, 20 Mar 2022 21:10:46 +0000 https://www.intersindicalrtvv.com/st-patricks-day-parade-returns-to-south-boston/
Parade crowds marching up Broadway Street before the start of the St. Patrick’s Day Parade in Boston, after two years of cancellations due to COVID-19. Matthew J Lee/Globe Staff

“The South Boston Super Bowl” – 4:10 p.m.

Some spectators watched the parade from the comfort of their homes, such as Robin Conn, 40, who lives in a converted Catholic church condominium located directly on the parade route on West Broadway Street. Conn said she invited her friends to watch the parade with her from the church steps.

“We have the best seats in the house for the first part of the parade,” Conn said. “Having the front porch of the church to ourselves is almost like having the stadium seats for the Super Bowl in South Boston. It was awesome.”

Standing in an upstairs residence before the start of the St. Patrick’s Day Parade in Boston, after two years of cancellations due to COVID-19.
Matthew J Lee/Globe Staff

Conn also brought his 2-year-old rescue dog, Sadie, who watched the crowd while wearing a green bandana around her neck.

“Sadie also had a blast, she loved the attention and getting all the pets from passers-by,” she said.

Conn’s friend Jeremy Pound, 42, drove out of Boca Raton, Fla., to attend the parade in South Boston for the first time.

“It was amazing to see it all and the spirit was crazy. The first bagpipe that came out, I loved it and was there for it. The drums and bagpipes certainly didn’t disappoint,” said Pound.

The cleanup begins as the party continues for some — 3:35 p.m.

City workers wasted no time cleaning the streets after the parade ended shortly after 2:30 p.m. Street cleaners scoured the parade route as spectators began to walk home – or for some, to the nearest Irish pub.

Bars and liquor stores on West Broadway Street, including Al’s Bottled Liquor and Shea’s Tavern, had lines of customers spilling onto the sidewalks. Outside the Burger King at 280 West Broadway St., the parking lot looked more like a tailgate, with dozens of young people drinking and posing for photos.

Walter Crayton, 43, from Quincy, wasn’t quite ready to give up on the celebrations once the parade was over, as he leaned over the metal barricades waving an Irish flag.

“It’s the unofficial start of spring, we haven’t had a big party since Covid started, so it’s a great opportunity for people to relax and have fun,” said Crayton, who attended the South Boston Parade for the past 10 years. “I got a lot of compliments on my flags, which is great! »

Crayton said he was disappointed the parade route was cut short this year, but it didn’t overwhelm his excitement to see the Irish festivities.

“I’m a little disappointed, but we’re here to have a good time after covid. I try to have a positive attitude,” he said. “It was a very diverse parade, everyone was represented equally. And I still love bagpipes!

“It’s so good to be back” — 2:50 p.m.

Empty beer bottles and cans of hard seltzer decorated the sidewalks of West Broadway, but the energetic crowds didn’t seem to care. The Iron Workers Local 7 union drove by on a float and threw gum into the crowd waiting outside 275 West Broadway St., and kids rushed to pocket the candy.

Many spectators wore green face paint and shamrock stickers, but far fewer wore face masks, which were rare on the densely packed sidewalks. Boston no longer requires people to wear masks indoors or at large-scale events like the parade.

Confetti flies over the Boston Fire Department Honor Guard at the start of the St. Patrick’s Day Parade in Boston. Matthew J Lee/Globe Staff

Thomas and Julie Starkey, both from West Roxbury, said they were delighted to see people returning to the parade after two years of cancellations due to COVID-19.

“Glad to be back and all the covid stuff is over, and people are out enjoying the weather, the way things should be,” said Thomas Starkey, 29, who brought his 7-year-old golden retriever named Buddy.

The two also brought their five-week-old daughter, Evelyn, to see her first St. Patrick’s Day parade.

“It has been brutal without a parade for two years, just like everything that has been closed for the last two years. It’s so good to be back,” said Julie Starkey, 28, who has attended the South Boston parade “since [she] was a little girl.

Sidewalks full of spectators along the shortened course — 2:15 p.m.

The sidewalks lining both sides of West Broadway Street were so packed with spectators at 2 p.m. that it became difficult to navigate the crowds. Kim Mulligan, 50, who has attended the parade in South Boston for more than 20 years, said the crowds were an expected part of the occasion.

“There would be fewer people if the parade route descended down through the [Dorchester] Heights. It sucks they shortened the course,” said Mulligan, who wore the Irish flag on his shirt. “They did it for the wealthy because projects are down on the low end. Southie is changing.

Julie Mejia Boston City Councilman, At-Large working on her selfie game during the Boston St. Patrick’s Day Parade route, after two years of cancellations due to COVID-19. Matthew J Lee/Globe Staff

Mulligan said she used to live in South Boston, but recently had to move to Charlestown because her apartment building was demolished to build condominiums in its place.

‘No one can afford to live in Southie anymore,’ she said.

An hour into the parade, the excitement continued to grow among the spectators. The sea of ​​people dressed in green erupted in shouts and cheers, others waving cloverleaf clappers as floats wrapped in bright green tinsel moved down the street.

“The world feels alive again” — 1:50 p.m.

For Brookline’s Beth and Chris Hall, Sunday was their first appearance in the St. Patrick’s Day Parade in South Boston. They said they were very excited for their son, Crosby, 6, who hasn’t seen such large crowds since before the pandemic.

“It was like the first public event we thought we could attend since the pandemic. The world feels alive again so we wanted to get out there,” said 34-year-old Chris Hall.

Crosby smiled at the stream of cars and parade participants passing on the street, as he sat contentedly on his father’s shoulders.

“He doesn’t really know how to react, he’s like, ‘What the hell is this?'” Beth Hall, 34, said. again the city is fun.

For Francisco Boyle, 49, of Rosario, Argentina, Southie’s St. Patrick’s Day celebrations were the perfect excuse to visit Boston for the first time.

“I wanted to see with my own eyes what it would be like to be here for the holidays. I knew there was a lot of Irish feeling here in the city, but I couldn’t imagine so many people,” said Boyle, who travels across the United States on vacation.

Boyle laughed, adding “I thought I’d find more people drunk, but maybe it’s too soon!”

Colleen Couture, a 21-year-old college student from Fitchburg State, said taking the red line for the parade was harder than she thought with the large crowd.

“We got to the red line and we were crammed onto the train like sardines,” said Couture, who was with his three friends from Fitchburg State. “It was wild, we had to go through everyone, but we’re still having a lot of fun.”

Departure of the parade — 1:15 p.m.

The parade began with a stream of fire engines, as the crowd cheered and applauded the firefighters, who honked their horns in response. Children squealed with delight as cars tossed streams of white, orange and green confetti into the air.

Several groups followed, passing under a large American flag hanging over West Broadway. They were led by that year’s Grand Marshal, Susan McDonough, a South Boston native and veteran of the United States Army and Massachusetts National Guard.

After the emergency vehicles passed, music filled the air and was greeted by the thousands of spectators who filled the street as the Boston Police Pipes and Drums Band marched. Not far behind them, a group of little girls from the Woods School of Irish Dance paused for a moment to show off their moves.

A Mass Maritime Academy marching band came next and played an audience favorite, “Sweet Caroline.”

Crowds fill MBTA Red Line trains trying to reach the parade – 12:45 p.m.

Shortly after noon, the MBTA Red Line was filled with commuters decked out in festive green colors.

Trains arriving at Downtown Crossing station were so full that there was simply no room for most of the dozens of passengers waiting to board the train. MBTA Transit Police rounded up rowdy celebrants to advance further down the track, but struggled to disperse the rapidly growing masses.

Crowds grew at Downtown Crossing as passengers waited for the next train to Ashmont, but subsequent trains were just as full. Those brave enough to board were packed like sardines into the carriage, holding each other side by side until arriving at Broadway station, where commuters thronged the gates to find denser crowds waiting to get out of the station.

All escalators inside Broadway station were closed by police before the parade began, forcing commuters to use the stairs to exit or enter the station. Crowds attempting to leave the station grew into the hundreds, and entering the station from the outside became nearly impossible due to the large number of people exiting the station.


Nick Stoico can be contacted at nick.stoico@globe.com. Follow him on Twitter @NickStoico.

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More coordination needed to house Afghan refugees on military bases https://www.intersindicalrtvv.com/more-coordination-needed-to-house-afghan-refugees-on-military-bases/ Mon, 07 Mar 2022 17:10:26 +0000 https://www.intersindicalrtvv.com/more-coordination-needed-to-house-afghan-refugees-on-military-bases/

To listen to the Federal Newscast on your phone or mobile device, subscribe to PodcastOne or Apple Podcasts. The best desktop listening experience can be found using Chrome, Firefox, or Safari.

  • The Cybersecurity and Infrastructure Security Agency is now the latest agency to present its reintegration plans to the office. CISA Director Jen Easterly tells employees in a memo that 100% telecommuting and maximum telecommuting will no longer be allowed after March 31. From then on, employees will be required to begin reporting to the office for at least two days per pay period. Employees working remotely, whose home is listed as their official duty station, may continue to work remotely. Supervisors will hold talks with employees over the next few weeks to discuss their telework eligibility. Employees deemed eligible to telework must enter into new telework agreements by March 25. (Federal Information Network)
  • Senate approves bill to ensure agencies buy secure cloud services. The Senate last week unanimously passed the Federal Secure Cloud Improvement and Jobs Act as part of a broader cybersecurity package. The bill would authorize the FedRAMP program for five years. It would also require the White House to send annual reports to Congress on how agencies use FedRAMP, as well as a new audit from the Government Accountability Office. The legislation would also establish a Federal Secure Cloud Advisory Committee comprised of government and industry representatives. (Federal Information Network)
  • Starting in October, agencies are required to ensure that the products they purchase have a 60% domestic content threshold, an increase of 5% from 2022. The Federal Acquisition Regulations Council issued a final rule amending requirement as part of Biden administration purchase. American initiative. Over the next six years, the rule aims to raise the domestic content threshold to 75% by 2029. The administration says the new rule will help close loopholes in current regulations while allowing companies to manufacture at land and adjust their supply chains to increase the use of American-made components.
  • The United States Transportation Command has officially lifted a stop work order on the Army’s new multi-billion dollar household goods move contract. This is after the Government Accountability Office dismissed all protests that had challenged the award late last week. HomeSafe Alliance, the contract winner, says it believes it can still start making its first moves under the contract by December this year, with a full transition to the new contract by December. Fall 2023. This schedule may still be delayed. if either of the losing bidders files another protest with the Federal Court of Claims and the court issues a stay. (Federal Information Network)
  • The FDIC is looking for help managing all of its data. The Federal Deposit Insurance Corporation plans to create an enterprise-wide data catalog to provide a central, authoritative source to search, discover, learn, and obtain analytical information. The FDIC issued a request for proposals for a vendor to consolidate its petabytes of data across various cloud platforms, mainframes, and databases into a single software-as-a-service offering. The RFP asks a vendor to develop a data catalog that leverages an application programming interface or API integrations, and creates and leverages metadata and indexing strategies. Proposals are due March 22.
  • The US government has a new challenge for technology developers: to create a tool that can use machine learning to tag documents with controlled unclassified information. Agencies have struggled to find a consistent way to identify and mark CUI. Now the Navy is sponsoring a prize competition for an automated CUI prototype. A panel of judges will select up to 10 concepts to progress to the demonstration phase of the challenge. The top five submissions will also win a prize of $10,000.
  • The Defense and State Departments have been working together for months to evacuate and house Afghan refugees on US military bases, but still lack written agreements formalizing those arrangements. The Pentagon’s inspector general says the absence of memorandums of understanding has created confusion around roles and responsibilities and makes it difficult to budget for Operation Allies Welcome. Pentagon officials say they drafted the agreements, but State Department officials at least initially refused to sign them.
  • The Ministry of Defense is working on a new comprehensive strategy that will inform its future decisions. The Pentagon says the concept of integrated deterrence will be at the forefront of the new national defense strategy. The NDS is the plan on which the Army bases almost all of its budgetary and operational choices. The Department of Defense says integrated deterrence will include more than the use of nuclear weapons to keep China and Russia at bay. The DoD plans to operate its weapons on land, air, sea, space and cyber.
  • The senior military official in charge of homeland defense said the military should prioritize protecting critical infrastructure from threats from China and Russia. Chief of the United States Northern Command. Gen. Glen VanHerck says the United States needs to better define what constitutes critical infrastructure so it can be better isolated from cyberattacks and other subterfuges. VanHerck said current definitions of critical infrastructure are too broad and ambiguous.
  • The Senate is nearing a final vote on a postal service reform bill after running into procedural hurdles. A long-awaited reform bill that would save the Postal Service a total of $107 billion is nearing the final vote in the Senate. After a long week of debate, the Senate has scheduled a closing vote on the USPS bill tonight. The bill has strong bipartisan support from 14 Democratic senators and 14 Republican senators. Two Republican senators, however, openly oppose the legislation and have sought to delay the bill over fears it will hurt Medicare’s long-term solvency. (Federal Information Network)
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The history of Tudor Place, from the founders; Tours reopen March 4 https://www.intersindicalrtvv.com/the-history-of-tudor-place-from-the-founders-tours-reopen-march-4/ Thu, 03 Mar 2022 18:34:04 +0000 https://www.intersindicalrtvv.com/the-history-of-tudor-place-from-the-founders-tours-reopen-march-4/

As you stroll down 31st Street toward Dumbarton Oaks, you might pass another historic Georgetown gem without realizing it. Between Q and R Streets, glance toward 32nd Street and you’ll see an elegant mansion set on five and a half acres of spacious grounds. You’ve just discovered Tudor Place at 1644 31st St. NW, the ancestral home of six generations of the Peter family and a living museum of American history and Georgetown.

Designed by William Thornton, famous architect of the US Capitol, St. Johns Episcopal Church (3240 O St.) and the Octagon House (17th & New York Avenue)Tudor Square is a classic federal style building fashionable in Georgetowns early development. The Peters have made their home for 178 years, from presidencies from Thomas Jefferson to Ronald Reagan. Their lineage included a diversity of professions ranging from mercantilism and medicine to finance, arts and horticulture.

The mansion has a fascinating history. The marriage directly connected the Peters to our nation’s primitive heritage – specifically, George and Martha Washington and the Parke-Custis line – thus making Tudor Place Georgetown’s most direct link with the neighboring estates of Mount Vernon and Arlington. House.

After receiving a fine inheritance from her father-in-law George, the American Cincinnatus,” Martha Parke Peter (notÉ Custis, Martha Washingtons granddaughter), married Thomas Peter, a wealthy Georgetown merchant and financier. Martha Parke Peter’s the inheritance enabled the couple to purchase the future Tudor Place property. Chosen for its prominent expanse of land atop the Dumbarton Rock(Georgetown Heights), the Peters chose Thorntons symmetrical design of a two-storey central block with pre-existing two-wing adjoining connections. Thiss beige stucco facade has been a prominent feature of neoclassical architecture popular throughout the mid-Atlantic region.

One from Tudorit’s the most unique characteristics is a circular portico with Romanesque columns which projects and curves inwards towards buildings elegant interior. Tall rectangular windows set along this south-facing facade take advantage of Tudoris high panoramic views. One can imagine the story that generations of the Stones family must have been a witness; from Georgetowns growth as a thriving river port, to the burgeoning metropolis of a nationthe capitalrapidly developing the northern Virginia hinterland. Completed in 1816, Tudor Place resembles Thorntons central core and adjoining wings design found with some of his other works.

Cataloged throughout the mansion are furnishings and fittings from two centuries of American history. Notable items include two rare letters from Martha Washington to her husband – found in an office inherited by Martha Peter – to Gilded Age furniture, a 1919 Pierce-Arrow automobile and other period possessions up to in the 1980s.

This continuum of Georgetown antiquity offers what Mark Hudson, executive director of Tudor Place, describes as “a collection of legacies reflecting the generational passage of different eras.” These legacies represent preservation and change, signifying a unique distinction for a property that in 1960 would gain National Historic Landmark status.

This prestigious award from the US Department of the Interior led Armistead Peter III, a sixth-generation descendant of Martha Parke and Thomas Peter, to negotiate a “permanent easement” with the National Park Service. A new arrangement for the time, soon to be copied by other historic properties, this easement ensured the preservation and maintenance in perpetuity of Tudor Place as a working museum “for the benefit of the [nation] thanks to the preservation of this site and the inspiration of the people of the United States. (“Tudor Place at 50,” by Mark Hudson, TPF Spring 2016 newsletter.) A welcome moment from Mr. Peter, as this arrangement coincided with the passage of the National Historic Preservation Act of 1966. This landmark law has ensured Tudor Place’s inclusion in a growing national register of protected sites and provided additional insurance against development on or adjacent to the mansion and grounds.

Armistead [Peter, 3rd], a renowned artist, historian, and horticulturist, also launched the nonprofit Tudor Place Foundation to work with NPS on property maintenance and operations management for visitors, educators, and researchers. When he died in 1983, his widow moved just behind the mansion and gardens of Dower House, another 19th-century Georgetown gem on 31st Street. After his death in 1995, TPF converted Dower House into administrative offices and meeting space.

Aided by a wealth of historical records left by Peters, the Foundation now sponsors programs that educate the public about architectural design, gardening, and property.its unique history. This includes stories of enslaved people who worked on site or nearby, and their contributions to Georgetowndevelopment. Even with many folders, the origin of Tudorhis name remains a mystery. As Mark Hudson says, records on our name was not found, but we will continue to search.

As with other DC-area museums, the pandemic suspended and then rearranged Tudor’s visiting hours. During the initial 2020 closure, the mansion and grounds were closed from March to July.

The gardens reopened from August to November of that year, while the mansion remained closed. Self-guided and socially-distanced audio tours of the First Floor, Conservatory and Tudor Gardens became available to the public from April to December 2021.

Tudor Place will reopen the house and gardens to the public on Thursday, March 3, with guided tours of the first and second floors and self-guided tours of the garden, Thursday through Saturday. Self-guided tours of the house resume on Sunday March 6.

For the latest details of Tudor Place, click here.

Key wordsarchitectureDumbarton OaksGeorge WashingtonGeorge Washington’s Mount VernonGeorge historic townMartha WashingtonNational Historic Preservation ActRonald ReaganThe Gilded AgeThe Peter Familythomas jeffersonTudor PlaceU.S. Home Office William Thornton

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Chinese electric car startup Nio plans to list in Hong Kong on March 10 https://www.intersindicalrtvv.com/chinese-electric-car-startup-nio-plans-to-list-in-hong-kong-on-march-10/ Mon, 28 Feb 2022 06:23:44 +0000 https://www.intersindicalrtvv.com/chinese-electric-car-startup-nio-plans-to-list-in-hong-kong-on-march-10/

Nio founder and CEO William Li poses in front of the New York Stock Exchange to celebrate his company’s IPO.

Photo: NYSE

BEIJING — U.S.-listed Chinese electric car company Nio is expected to offer its shares for trading in Hong Kong on March 10, the startup said Monday.

The move comes as regulatory risks increase in the United States and China for Chinese companies listed in New York, adding compliance challenges for companies and investors.

However, unlike many US-listed Chinese stock offerings in Hong Kong, Nio does not raise new funds or issue new shares in this list. Instead, the company is “IPO-listed,” meaning some of the existing shares will be available for trading in Hong Kong.

Nio plans to offer the shares for trading under the symbol “9866” from next Thursday, according to a filing with the Hong Kong Stock Exchange.

The Chinese startup said it had also applied for a “listing track” on the main board of the Singapore Stock Exchange. The electric vehicle company said it has no plans to make shares listed in Singapore and Hong Kong tradable.

What are the regulatory risks?

Chinese companies are increasingly at risk of being delisted from New York stock exchanges as Washington wants to reduce US investors’ exposure to companies that fail to comply with US audit controls. Beijing has resisted allowing such foreign scrutiny of domestic companies due to the potential disclosure of sensitive information.

Over the past year, Beijing has also tightened its control over the ability of Chinese companies to raise capital overseas with new rules coming from data security to filing requirements. The new rules follow the U.S. listing of Chinese app Didi in late June, which drew Beijing’s attention to data and national security.

One of China’s increasingly powerful Cyberspace Administration’s new rules – which came into force on February 15 – requires “network platform operators” with personal data on more than one million users undergo a cybersecurity review.

It is unclear to what extent the rules apply to secondary listings in Hong Kong.

Nio noted the new rule, among many others, in its filing with the Hong Kong stock exchange.

Based on legal advice from his adviser Han Kun Law Offices, Nio said the company is “of the opinion that the cybersecurity review measures will not have a material adverse effect on our business, financial condition , our results of operations and our outlook”.

On Monday, “we have not been informed by any government authority in the PRC of the requirement to file an application for approval for this listing,” the company said.

Learn more about electric vehicles from CNBC Pro

On data security, the electric car startup said it was “qualified for Level III of China’s Administrative Measures for Graduated Information Security Protection.”

Year three is “a decently high standard” for most business sectors, said Ziyang Fan, head of digital trade at the World Economic Forum. He pointed out that Beijing has specific regulations on car driving data, which came into force on October 1.

Questions about the safety of Nio’s autopilot data system sparked controversy in early August after a fatal crash.

China’s securities commission and cybersecurity regulator, the Singapore Stock Exchange and Han Kun’s law firms did not immediately respond to CNBC’s requests for comment on Nio’s regulatory risks.

The Hong Kong stock exchange said it does not comment on companies or individual cases.

Listing “by introduction” isn’t a way to avoid cybersecurity scrutiny, but it’s a faster way for a company to get listed if it’s not as focused on gathering funds, said Bruce Pang, head of macro research and strategy at China Renaissance.

“The risk of radiation is real and emerging. Every Chinese [American Depositary Receipt] should assess it, hedge it and manage it,” Pang said, referring to U.S.-listed shares of Chinese companies. ADRs are shares of foreign companies traded on a US stock exchange.

Didi said in early December that he planned to delist in New York and pursue a listing in Hong Kong, but did not specify a date.

Implications for other Chinese companies listed in the United States

“We have started converting our shares from US ADRs to Hong Kong,” Brendan Ahern, KraneShares’ US-based chief investment officer, said in a phone interview in early February.

He expects the company to accelerate conversions this year as Chinese companies find it increasingly difficult to meet US audit requirements, in addition to complying with Chinese law. “The path unfortunately seems quite clear,” Ahern said.

Last summer, Li Auto and Xpeng, two other Chinese electric car companies listed in the United States, completed Hong Kong’s “dual primary listing”. This allows qualified mainland Chinese investors to trade the shares through a program that links the mainland and Hong Kong markets.

As of Friday’s close, Nio’s U.S.-listed shares had a market value of $33.31 billion. The stock has gained 234.5% from the September 2018 IPO price of $6.26 per share.

The stock plunged to a low of $1.19 at the end of 2019, before a state-led capital injection in early 2020 sent shares soaring more than 1,100% that year. . But stocks have fallen 35% in 2021 and are down more than 30% so far this year.

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Behind the push to freeze Moscow’s foreign cash https://www.intersindicalrtvv.com/behind-the-push-to-freeze-moscows-foreign-cash/ Sun, 27 Feb 2022 19:54:15 +0000 https://www.intersindicalrtvv.com/behind-the-push-to-freeze-moscows-foreign-cash/

“The response from Canada and our allies will be swift and biting,” Freeland vowed after Putin’s forces crossed the border. “This barbaric attack cannot and will not be allowed to succeed.” Freeland was born in Canada to Ukrainian parents – her mother helped draft Ukraine’s constitution.

Before Saturday evening, European leaders had steadily tightened sanctions, but were reluctant to take steps that could cause collateral damage to their own economies. The United States, meanwhile, has rolled out tough sanctions round after round – but, on this most recent package, insisted it was weighing its options as early as Saturday morning, according to the Wall Street Journal.

The Canadian official said Trudeau and British Prime Minister Boris Johnson had advocated, on behalf of Kiev, for the so-called nuclear option against the Russian banking sector.

The gradual increase in penalties imposed by the West has clearly agitated the people of Kiev.

On Friday, Ukraine’s foreign minister called for an immediate increase in those consequences: “Here’s your ‘never again’ test,” he wrote on Twitter. The Canadian official said Freeland had been in frequent contact with President Volodymyr Zelenskyy’s government as she tried to “bring it to consensus” and slap the Kremlin with the significant new sanctions.

The effort would block the Russian central bank’s ability to transact with its foreign exchange reserves, a move that could further weigh on the rouble.

Moscow has about 300 billion dollars in foreign currency hidden around the world. Effectively cutting off the Russian central bank from this money will be crucial in supporting the ruble should it continue to fall.

As economist Adam Tooze wrote in his newsletter in January: “Foreign exchange reserves give the regime the capacity to resist sanctions on the rest of the economy. They can be used to slow down a run on the ruble. They can also be used to offset any currency mismatches in private sector balance sheets.

To exclude the Kremlin from this money required the support of all of Europe and the United States.

While it’s hard to say whether Ottawa’s intervention was primarily responsible for its allies’ reversal – certainly domestic pressure and images of shootings in a major European capital had a substantial impact – the official said that Freeland had made a special appeal to the Americans. in the last days. Ahead of Saturday night’s announcement, President Joe Biden remained coy about the need for tougher action against Russia’s central bank.

Sanctioning the central bank has not received as much attention as another important consequence proposed for Moscow: exile from the SWIFT system.

SWIFT is a secure and reliable messaging system that allows member banks to communicate messages, such as money transfers, with each other. It is used by some 11,000 banks in 200 countries.

The Canadian official said Trudeau also supports a proposal, led by Johnson, to exclude Russia from the SWIFT payment system. The Guardian reported that the British and Canadian Prime Ministers were the only ones around the table to support such severe financial sanctions.

On Saturday, Freeland and Trudeau spoke with Ukrainian Prime Minister Denys Shmyhal to report progress in building consensus on tougher measures.

In the evening, the consensus finally arrived, as the strikes on Kiev intensified for the third day in a row. European Commission President Ursula von der Leyen announced that the EU would support “the imposition of restrictive measures that will prevent the Russian Central Bank from deploying its international reserves in such a way as to undermine the impact of our sanctions”.

Von der Leyen also announced his intention to ensure that “a number of Russian banks are removed from SWIFT”.

Saturday’s announcement, signed by the European Commission, France, Germany, Italy, the United Kingdom, Canada and the United States, appears to be a compromise — cutting only parts of the economy Russian system of financial transactions.

In a call with the president of the European Commission after the decision, Trudeau and von der Leyen “praised the transatlantic cooperation that led to today’s joint statement,” an official reading reports. The sanctions announced by Freeland, they agreed, would mean “the application of additional restrictive measures against Russian banks, companies, officials and elites”.

Obtaining the consensus of European leaders has been difficult. Various European leaders have resisted moves that would limit their ability to sell luxury goods to Russia and feared anything that could block energy shipments to Europe.

The Canadian official said Zelenskyy particularly leaned on Trudeau for help and advice during the crisis. The two have spoken to each other frequently in recent weeks.

Pressure is mounting in Canada, home to the largest Ukrainian diaspora in the world after Russia, to do more. Heritage Minister Pablo Rodriguez tweeted on Saturday that he was considering removing state propaganda outlet RT from the Canadian airwaves. On Sunday morning, Ottawa closed its airspace to Russian planes. The official opposition Conservative Party is calling on Ottawa to push for Russia’s withdrawal from the G-20.

While Canada seeks to ratchet up the pressure, it has significant Russian-owned or controlled assets within its own borders that it could sanction — a fact Freeland is likely familiar with. Long before entering politics, after graduating with a degree in Russian history and literature from Harvard, Freeland joined the Financial Times as Moscow bureau chief. There, she helped identify corruption in Russia’s oligarch class, earning her big break by exposing the malfeasance of oil company Sidanco.

Freeland went on to write “Sale of the Century,” about the massive sale of Soviet assets after the fall of the Berlin Wall: It “remains essential reading for those of us who still care what went wrong. with the best naive intentions for Russia’s forward journey,” wrote former Canadian Ambassador to Moscow Jeremy Kinsman in Politics.

In 2014, when the West imposed sanctions on Moscow for its invasion of Crimea and eastern Ukraine, Freeland herself, then just an opposition member of parliament, was hit with a Russian travel ban in retaliation.

The man who gave him the tip on Sidanco, Bill Browder, has become one of Putin’s fiercest critics, pressuring governments around the world to adopt sanctions regimes targeting corrupt officials. Browder began his crusade in honor of his friend and former lawyer, Sergei Magnitsky, who died in a Russian prison following a politically motivated prosecution.

While her predecessor had shown indifference to a so-called Magnitsky Act, after Freeland became Canada’s foreign minister, she championed legislation, which passed unanimously in the House of Commons.

The law allows Ottawa to sanction any individual or company responsible for or complicit in corruption. There are many assets in Canada belonging to some of Russia’s wealthiest men – who may not be complicit in corruption, but profit from it nationwide.

EVRAZ, a large steel company based in London, has five plants in Canada – its Regina plant is the largest steel mill in Western Canada. Its main sole shareholder is Roman Abramovich who, under pressure, announced on Saturday that it would cede control of Chelsea Football Club.

Buhler Industries, an agricultural equipment factory headquartered in Winnipeg, is majority owned by the Russian agricultural company Rostselmash. In September, Rostselmash paid $12 million to acquire a larger share of the Canadian company: it now owns 97%, according to company filings. Buhler’s board is made up of a number of Russian captains of industry, many of whom outwardly support the Putin regime. Ottawa considered sanctioning the company in 2014 but did not.

Calgary natural gas producer Spartan Delta Corp., meanwhile, recently acquired a third of its shares from Russian oligarch Igor Makarov — another billionaire running in Putin’s circles – according to a report in the Financial Post. His name appeared on a list from the Treasury Department great Russian oligarchs close to Putin.

On Thursday, as she announced Canada’s second round of sanctions, Freeland relayed a message from a former colleague.

“A Russian friend of mine – a Russian economist who actually worked in the government under [Boris] Yeltsin, but also under Putin – emailed me this morning saying he now knows what it is to be a good German in 1939,” Freeland said.

The finance minister said her goal in pushing for these economic sanctions was to “target people who have been Putin’s fellow travelers. People who have been able to become extremely rich, enjoy all the pleasures of the West, of Western democracies, while helping and encouraging Vladimir Putin.

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After ‘Bridge to Europe’ bid, Ukraine’s ties with China put to the test | Business and Economics News https://www.intersindicalrtvv.com/after-bridge-to-europe-bid-ukraines-ties-with-china-put-to-the-test-business-and-economics-news/ Thu, 24 Feb 2022 09:57:20 +0000 https://www.intersindicalrtvv.com/after-bridge-to-europe-bid-ukraines-ties-with-china-put-to-the-test-business-and-economics-news/

Last July, Ukrainian President Volodymyr Zelenskyy made a bold offer to his Chinese counterpart Xi Jinping. In a phone call to mark the 10th anniversary of a strategic partnership between the two countries, Zelenskyy said he wanted Ukraine to become a “bridge to Europe” for Chinese companies.

Seven months later, that hope is being tested in the crucible of Europe’s worst security crisis since the end of the Cold War, with Russia launching a full-scale military offensive against Ukraine on Thursday.

Since 2019, China has been Ukraine’s top trading partner, taking pole position from Russia amid tensions between Kyiv and Moscow. Despite the pandemic, trade between China and Ukraine has increased over the past two years, reaching $15.4 billion in 2020 and nearly $19 billion in 2021, according to Ukrainian government customs data.

China also sees Ukraine as a hub and transit node for Xi’s Belt and Road Initiative, a global network of highways, railways and ports built with loans from Beijing. A direct train linking the two nations started last June.

But China’s reluctance to condemn Russian President Vladimir Putin’s announcement of an invasion of eastern Ukraine could complicate this nascent partnership, while injecting new uncertainty into economic relations with Europe and the United States, according to experts.

“Uncertain and problematic,” is how Vasyl Yurchyshyn, director of economic programs at the Razumkov Center, a Kiev-based think tank, described the current state of Sino-Ukrainian relations with Al Jazeera. “Ukraine will continue its economic cooperation with China, but its effectiveness and efficiency will entirely depend on China and its willingness to support our country,” he said.

Fine balance

So far, China has tried to strike a balance in the Ukrainian crisis. He backed Russia’s security demands, including Moscow’s insistence that NATO refrain from further eastward expansion. On Wednesday, he criticized Western sanctions against Russia, accusing Washington of “sowing fear and panic”. He blamed NATO for the tensions in Europe. But he also stressed that he does not support an invasion of Ukraine.

“The sovereignty, independence and territorial integrity of any country should be respected and safeguarded,” Chinese Foreign Minister Wang Yi said last week during a speech at the Munich Security Conference. “Ukraine is no exception.” On Thursday, Chinese Foreign Ministry spokeswoman Hua Chunying called on all parties to exercise restraint, but dismissed a reporter’s description of Russia’s actions as an invasion.

Analysts believe that this diplomatic juggling is largely aimed at trying to insulate China from any economic backlash from the United States and the European Union. “This is something that worries Xi Jinping,” Trey McArver, co-founder of Trivium China, a Beijing-based strategy consulting firm, told Al Jazeera.

After Xi and Putin issued a joint statement earlier this month declaring that friendship between Beijing and Moscow has “no limits”, US national security adviser Jake Sullivan warned that China could also face “costs” if considered favorable to Russian aggression against Ukraine.

“I think that concern is part of what is motivating Beijing to thread the needle in its messaging about the conflict,” Brookings Institution fellow Jessica Brandt told Al Jazeera.

Chinese President Xi Jinping and Russian President Vladimir Putin say their countries’ friendship has ‘no bounds'[File: Evgenia Novozhenina/Reuters]

Economic relations between Beijing and the West have already taken a severe blow in recent years. Concerns over trade barriers, currency manipulation and data privacy in Chinese tech have tangled with broader tensions over human rights abuses in Xinjiang, Beijing’s crackdown on dissent in Hong Kong and its threats against Taiwan.

The European Union suspended a free trade deal with China last year, while Beijing and Washington have yet to significantly reverse measures they took against each other during the trade war. launched by former US President Donald Trump.

Still, things could get even worse for China because of the Ukraine crisis, analysts say. “Especially with the European Union, I think the economic relationship could suffer,” Li Mingjiang, associate professor at the S Rajaratnam School of International Studies at Nanyang Technological University in Singapore, told Al Jazeera.

At the same time, Western sanctions risk increasing Russia’s economic dependence on China. Their bilateral trade, which stood at $104 billion in 2020, is set to increase as Russia depends even more on the vast market of its southern neighbour. After meeting Xi in Beijing in early February, Putin announced a new pipeline that will supply China with 10 billion cubic meters of gas each year, in addition to the 16.5 billion cubic meters that Russia already sends.

All of this gives China leverage it could use to seek or renegotiate deals with Russia on even more favorable terms for Beijing. Some analysts believe Xi will likely refrain from exercising this option. “He definitely has the circumstances that would allow him to push his edge with Russia,” McArver of Trivium China said. “However, I don’t see him doing it.”

China would not want to disrupt its relations with Moscow, Brandt said. This is also true for Beijing’s economic ties with Kyiv, according to Li of the S Rajaratnam School of International Studies.

The relationship is easy to overlook because the volume of trade between China and Ukraine – while huge for the Eastern European nation – is small compared to the flow of goods and services between major nations. But Ukraine provides spare parts and maintenance services for a range of Russian-made Chinese planes, a legacy of the Soviet Union’s random collapse that left its vast aerospace and aircraft sector split between two countries. Ukraine is also one of China’s main sources of corn.

Deeper dilemma for China

“China appreciates this relationship,” Li said. “That’s why, if you read between the lines, he actually criticized Russian aggression.”

But many Ukrainians may not be willing to parse diplomatic nuances as their country is under attack.

“In international forums, which deal with issues important to Ukraine, the United States and European partners show consistent support for Ukraine,” said Yurchyshyn of the Kyiv-based Razumkov Center. “China, on the other hand, often takes a far from pro-Ukrainian stance, mainly on issues of countering Russian aggression… can we really ignore that?”

Certainly, reducing economic ties with China would likely hurt Ukraine more in the short term – trade between nations accounts for 11% of Ukraine’s gross domestic product.

Yet recent history offers examples where Ukraine adapts when it needs to. In 2014, when Russia annexed Crimea, Ukraine’s economy depended even more on its big neighbor than it does on China today. The subsequent sharp decline in trade with Russia has helped Ukraine’s economy become more competitive, Yurchyshyn said.

Ultimately, the current crisis exposes a deeper dilemma for China, Brandt said. Moscow and Beijing share an animosity against liberal institutions and governments that challenge them, she said. But they have different long-term strategic goals.

“Russia is a power in decline that seeks disorder. China is a rising power that wants to reshape the existing order to suit its interests,” Brandt said.

Beijing’s choices over the next few weeks could help dictate what that world order will look like.

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US Treasury official details Russia sanctions https://www.intersindicalrtvv.com/us-treasury-official-details-russia-sanctions/ Wed, 23 Feb 2022 18:33:00 +0000 https://www.intersindicalrtvv.com/us-treasury-official-details-russia-sanctions/

Western leaders are warning that Russia has set in motion its plan to launch a full invasion of Ukraine, while announcing the first round of sanctions against Moscow.

US President Joe Biden described the unfolding events in Ukraine as “the start of a Russian invasion”, as he unveiled tough new measures on Tuesday to punish Moscow.

British Prime Minister Boris Johnson said Russia was “committed” to a “full-scale invasion” of Ukraine, while German Chancellor Olaf Scholz said “Putin has built up enough troops along Ukraine’s borders to be able to really completely invade the country”.

Here’s what you need to know.

What did Russia do? On Monday, Russian President Vladimir Putin sent troops to Donetsk and Luhansk – two pro-Moscow breakaway regions in eastern Ukraine – as part of what the Kremlin called a “peacekeeping” mission. . This decision came just hours after the signing of the decrees recognizing the regions’ independence.

Several US and Western officials have warned that it could serve as the opening salvo of a larger military operation targeting Ukraine. More than 150,000 Russian troops now surround Ukraine on three sides, according to US and Ukrainian intelligence estimates.

How did Ukraine react? Ukraine’s response to a potential attack “will be instantaneous,” Oleksiy Danilov, secretary of Ukraine’s National Security and Defense Council, said on Wednesday.

A state of emergency is expected to be introduced in all regions of Ukraine under government control, which will last at least 30 days.

But the government has not closed the door to a possible solution. On Tuesday, Ukrainian President Volodymyr Zelensky said he was pursuing diplomacy as a way out of the crisis; reservists will be called up for military training, he said, but there will be no general mobilization of the armed forces.

“We desire peace and quiet but if we are silent today, tomorrow we will be gone,” he said in an address to the nation.

How did the world react? Russia’s actions have been strongly condemned by many countries, with Western leaders imposing new sanctions on Tuesday and cutting off a key pipeline with Russia.

Biden announced that the United States would sanction Russian financial institutions and oligarchs. The European Union also sanctioned 351 Russian lawmakers who voted to recognize breakaway regions, and the United Kingdom announced sanctions against five Russian banks and three Russian oligarchs.

Also on Tuesday, Germany said it had halted certification of an $11 billion, 750-mile pipeline that directly connects Russia to Germany. The Nord Stream 2 project was completed in September but has not yet received the final green light from German regulators. Without this, natural gas cannot flow through the Baltic Sea pipeline from Russia to Germany.

On Wednesday, Japan and Australia joined the list of countries to impose sanctions on Russia, Donetsk and Luhansk.

But China, which has enjoyed a strong friendship with Russia for years, has criticized Western sanctions. A Foreign Office spokesman said on Wednesday that they are “never a fundamental and effective means of solving problems”.

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Australia to list Hamas as a terrorist group https://www.intersindicalrtvv.com/australia-to-list-hamas-as-a-terrorist-group/ Thu, 17 Feb 2022 02:41:52 +0000 https://www.intersindicalrtvv.com/australia-to-list-hamas-as-a-terrorist-group/

AL-MUKALLA, Yemen: A former US ambassador to Yemen and veteran analyst has urged the Biden administration to rebrand the Houthi militia as a terrorist organization for resisting peace efforts to end the war and organizing attacks on neighboring countries.

Writing for the US platform War on the Rocks on Tuesday, Gerald Feierstein said the Biden administration should consider redesignating the Houthis as a foreign terrorist organization, as it is the only option available to pressure the Houthis to quit. they stop hostilities on the ground and comply. with peace initiatives.

The former ambassador, who until now had opposed the proposed designation, added: “But, in the absence of other viable options to pressure the Houthis to abandon their military campaign and seek a peaceful political outcome to the war, it would be unwise not to consider the possible use of a terrorist designation as a tool in America’s kit.

The senior vice president and senior fellow at the Middle East Institute in Washington, D.C. was among 100 former U.S. diplomats and military officials who signed a letter in 2020 to then-U.S. Secretary of State Mike Pompeo opposing adding the Houthis to the terrorism list.

Feierstein also opposed the designation in a March 2020 interview with Arab News, arguing that the militia should be treated and “defeated as an anti-Yemeni movement.”

But after an upsurge in fighting over the past year and new Houthi missile attacks on neighboring countries, Feierstein argued the United States had no choice but to reclassify the militia.

“While the designation still would not have tangible and immediate effects on the Houthi leadership, it would nevertheless send a powerful and symbolic message that would delegitimize the Houthi movement as a participant in Yemen’s political future,” he said. he said, adding, “The past year has demonstrated that the Houthis will not return to the negotiating table until they accept that there is no alternative to a political resolution.

QUICKDO

Gerald Feierstein said the Biden administration should consider renaming the Houthis a foreign terrorist organization because it is the only option available to pressure the Houthis to cease hostilities on the ground and comply to peace initiatives.

Feierstein is among many experts and Yemeni government officials who have warned of the tolerance of the powerful and radical Iran-backed Houthi movement. The militia’s arsenal of advanced ballistic missiles and long-range drones are being used to kill Yemeni civilians and target neighboring countries, analysts have warned.

“As a member of Iran’s ‘axis of resistance’, the Houthis’ unchallenged control over Yemen would pose an enduring challenge not only to the well-being of the Yemeni people, but also to the vital interests of the United States. United, including stability in the Arabian Peninsula, freedom of navigation in the Red Sea and Bab Al-Mandeb, and even Israeli security as the Houthis expand their missile and drone capabilities to reach southern Israel. Israel,” Feierstein said.

To address possible repercussions of the Houthis designation, the United States should speak with international aid organizations operating in Yemen, international monetary institutes, businesses, and other parties that may be affected by the decision. , added Feierstein.

“If the administration decides to pursue the option, it should discuss the terms of the designation with international humanitarian organizations, banks, commercial enterprises and others who may be affected by it to ensure that ‘It’s designed to minimize unintended consequences,’ he said. noted.

The former US ambassador came as the Houthis demanded on Wednesday that the Arab coalition end military operations and “blockade and aggression” so that peace talks can begin.

Responding to a call from the UN envoy to Yemen for all factions in Yemen to accept UN-brokered peace efforts, Hussein Al-Azi, a Houthi official, said the Arab coalition should lift restrictions on airports and seaports and stop airstrikes on Houthi territory.

“Yes, addressing the humanitarian and economic aspect represents the only gateway to serious and real peace in Yemen,” Al-Azi said on Twitter.

Addressing the UN Security Council on Tuesday evening, special envoy for Yemen Hans Grundberg said he was working on a plan to reinvigorate peace efforts with the aim of reaching a political settlement in the country. Yemen that would respond to the interests and concerns of the warring parties in the country.

“I count on the support of this Council to encourage all actors to participate constructively without delay. This is a real opportunity for the Yemeni parties to shift gears and chart a peaceful path,” he said.

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House Financial Services Committee Focuses on PWG Stablecoin Report – Finance & Banking https://www.intersindicalrtvv.com/house-financial-services-committee-focuses-on-pwg-stablecoin-report-finance-banking/ Mon, 14 Feb 2022 06:14:51 +0000 https://www.intersindicalrtvv.com/house-financial-services-committee-focuses-on-pwg-stablecoin-report-finance-banking/


United States: House Financial Services Committee Focuses on PWG Stablecoin Report

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On February 8, the House Financial Services Committee held a hearing entitled “Digital Assets and the Future of Finance: The President’s Task Force on Financial Markets” to consider the legislative recommendations of the panel’s report. President’s (PWG) work on stablecoins (we already discussed the report of this in a previous Consumer Finance & FinTech blog post here).

Nellie Liang, Undersecretary for Internal Finance at the Treasury Department, presented the report’s findings and highlighted the need for lawmakers to introduce a legal framework for stablecoins and other new types of digital assets. “Current statutory and regulatory frameworks do not provide consistent and comprehensive standards for the risks of stablecoins as a new type of payment product.”

Liang stressed that the legal framework must address the prudential risks of stablecoins: (i) the risk of leakage of stablecoins; (ii) payment system risks; and (iii) risks due to the concentration of economic power. Liang said there was still a lot of work to be done despite the recent crypto sprint by banking agencies and the SEC and CFTC’s assessment of digital exchange authorities.

Committee members expressed concern that limiting the issuance of stablecoins to banks could negatively impact competition in the industry and racial equity among its potential customers. Committee chair Maxine Waters asked if tech companies should be allowed to issue stablecoins. Quoting the Liangs to the “historic separation of banking and commerce”, Liang said that “[i]In this case, we believe that stablecoins, as a payment instrument, should not be issued by a technology company.”

put into practice: This audience should be considered in light of the recent push to regulate the use and transmission of virtual currencies (we have already discussed this recent trend in previous Consumer Finance & FinTech blog posts here, here and here) . Stablecoins, like other virtual currencies, are a hot topic among US regulators where companies are faced with unclear regulatory guidelines and confusion regarding which agency regulates which aspect of cryptocurrencies. The regulatory frameworks that apply to stablecoin issuers and service providers are seen by many as inconsistent, creating opportunities for regulatory arbitrage and uncertainty among stablecoin users.

The content of this article is intended to provide a general guide on the subject. Specialist advice should be sought regarding your particular situation.

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FORCE” DEBUTS AS BIGGEST PREMIERE IN STARZ HISTORY WITH 3.3 MILLION VIEWS ACROSS PLATFORMS https://www.intersindicalrtvv.com/force-debuts-as-biggest-premiere-in-starz-history-with-3-3-million-views-across-platforms/ Thu, 10 Feb 2022 18:45:00 +0000 https://www.intersindicalrtvv.com/force-debuts-as-biggest-premiere-in-starz-history-with-3-3-million-views-across-platforms/

SANTA MONICA, Calif., February 10, 2022 /PRNewswire/ — STARZ Original Series “Power Book IV: Strength” debuted as the most-watched premiere in STARZ history with 3.3 million cross-platform views in the United States on Sunday alone, based on early reports with many other platforms yet to report.

For the second time in less than three months, STARZ broke app viewership records on Sunday with the premiere of “Power Book IV: Force” and the Season 2 finale of “Power Book II: Ghost” featuring the most-watched day on the STARZ app. in the history of the network. Internationally, it was also the most-watched day on the STARZPLAY app in Germany, France and the UK.

“The ‘Power’ Universe continues to deliver hit series around the world with incredible performances that compare favorably to many other top-tier streaming series,” said Jeffrey Hirsch, President and CEO of STARZ. “We’re thrilled to see these strong early numbers for the premiere of ‘Power Book IV: Force,’ which is set to join our growing lineup of tentpole series at STARZ that have average global cross-platform season views in the range of nine to ten million.”

“Power Book IV: Force,” which focuses on the fan-favorite Tommy Egan played by Joseph Sikora, also set linear-only records with the series delivering the highest-rated premiere in network history. The third spinoff in the “Power” universe, “Power Book IV: Force” was the second highest-rated cable TV show on Sunday, just behind the season two finale of “Power Book II: Ghost.”

“Power Book IV: Force” and “Power Book II: Ghost” are produced by Courtney A. Kemp and Curtis”50 cents“Jackson. The “Power” Universe series is produced by the creator and showrunner of “Power” Courtney A. Kemp through his End of Episode production company, Curtis”50 cents“Jackson through G-Unit Film and Television, and Mark Canton via Atmosphere Entertainment MM. End of episode Chris Selac, Shana Stein and Bart Wenrich also executive product. Brett Mahoney also serves as executive producer on “Power Book II: Ghost” and will serve as showrunner on the recently announced third season. Lionsgate Television is producing the series for STARZ.

About “Power Book IV: Force”
‘Power Book IV: Force’ Focuses On Fan-Favorite Character Tommy Eganplayed by Joseph Sikoraafter cutting ties and putting New York in his rear view mirror for good. As Tommy leaves New York after losing Ghost, LaKeisha, and the only town he’s ever known, he takes a quick detour to heal an old wound that has haunted him for decades. What was supposed to be a quick stop turns into a maze of family secrets and lies that Tommy thought were long buried. One step leading to another, Tommy quickly finds himself in Chicago drug game, fitting in between the two biggest crews in town. In a city divided by race, Tommy straddles the line, eventually becoming the linchpin that not only unites them – but holds the POWER to watch them fall apart. As the first season unfolds at breakneck speed, Tommy uses his underdog status to his advantage, breaking all the local rules and rewriting them in his quest to become the world’s biggest drug dealer. Chicago.

About “Power Book II: Ghost” – Season 2
“Power Book II: Ghost” begins its second season with Tariq Saint-Patrick always fleeing a legacy that haunts him. Forced to make the choice to take the life of his teacher, Jabari Reynolds, Tariq finds himself adrift from what he fights to protect: his family. With Tasha in witness protection, Tariq knows he must sacrifice everything to save what’s left of his family. Unable to do it alone, he turns to those with power and influence: Davis McLean and his new companion, Cooper Saxonyas good as Rashad Tate. Of course, all of these options come at a steep price. So, it’s back to business with the Tejadas. But now, with two murders involving Stansfield, Monet Tejada must wonder if Tariq is best for his family as she seeks to protect her nephew’s NBA prospects at all costs. Her children, Dru and Diana, question her movements as she becomes increasingly distracted, especially when Monet goes so far as to trust Cane again despite her actions against the family. In doing so, Monet finds himself in bed with Mecca, a man who wants to show her a whole new world, potentially at the cost of destroying his old one. Forcing Monet to lean on Tariq, who must decide what he really wants and what he will sacrifice to get it.

Follow “Power Book IV: Force” and “Power Book II: Ghost” on social media
Twitter: @ForceStarz | @GhostStarz
Instagram: @ForceStarz | @GhostStarz
Facebook: @ForceStarz | @PowerGhostStarz
Join the conversation with #PowerForce and #STARZ

Download the resources here:
https://www.dropbox.com/sh/hvlw1by3whxrmqz/AADnPoW2OoSRlfVs_5MxsXlia?dl=0

Please link to “Power Book IV: Force” on STARZ.com in your cover:
https://www.starz.com/us/en/series/power-book-iv-force/62261

About STARZ
STARZ (www.starz.com), a Lionsgate company, is a leading global media delivery platform committed to providing premium content that amplifies stories by, about and for women and underrepresented audiences. STARZ hosts the highly rated and first-of-its-kind STARZ app that offers the ability to stream or download STARZ premium content, as well as the national flagship STARZ® service, including STARZ ENCORE, 17 premium pay TV channels and associated on-demand and online services. In 2018, STARZ launched its international premium streaming platform STARZPLAY to provide subscribers with access to “the best of global SVOD”. STARZPLAY, together with its joint venture STARZPLAY ARABIA, has expanded its global footprint to more than 60 countries across Europe and Latin America with Canada, Japan, India and Indonesia. STARZ and STARZPLAY are available on digital OTT platforms and multi-channel video distributors, including cable operators, satellite TV providers and telecommunications companies worldwide. In February 2021STARZ launched #Initiatea multifaceted and innovative inclusion initiative expanding its existing efforts to improve representation on screen, behind the camera and across the company.

Sources:
“Power Book IV: Force,” the biggest premiere in STARZ history, says:
Multi-platform – “Power Book IV: Force” is the biggest series premiere in STARZ history on all platforms (Nielsen, Live + Same Day P2 + (000) and non-linear and OTT platforms available, April 2007-2/6/22)
Linear – “Power Book IV: Force” is the highest-rated series premiere in STARZ history (Nielsen, Live + Same Day Coverage HH rating- April 2007 to 06/02/22)

Press contact(s):


Jen Minezaki

Crystal B. Williams

STARZ

STARZ

[email protected]

[email protected]

SOURCE Starz, a Lionsgate Company

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