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23.02.26 - 04:06
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Trump Admin Proposal Could Bring Drastic Changes To Asylum Process (ZeroHedge)
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Trump Admin Proposal Could Bring Drastic Changes To Asylum Process
Authored by Troy Myers via The Epoch Times,
The Department of Homeland Security (DHS) is proposing an “overhaul” of the asylum process, according to a Friday announcement.
The proposed 220-page rule, which is likely to face legal challenges, aims to reduce the number of immigrants filing fraudulent asylum claims for work authorizations in order to better focus on security checks.
It also intends to cut back processing times and the massive backlog of pending claims, according to a statement.
If finalized, the rule would be among the most sweeping changes to the asylum system and work authorization process in decades.
“We are proposing an overhaul of the asylum system to enforce the rules and reduce the backlog we inherited from the prior administration,” a DHS spokesperson said.
“Aliens are not entitled to work while we process their asylum applications.”
Employment authorizations would be paused until processing ti...
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23.02.26 - 04:06
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China Is Cracking Down On "Stock Market Influencers" As AI Surge Overheats Market (ZeroHedge)
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China Is Cracking Down On "Stock Market Influencers" As AI Surge Overheats Market
Chinese regulators are tightening oversight of aggressive influencer promotions for investment products, worried that an AI-driven tech surge — encouraged by state policy — is overheating the market, according to Nikkei.
In late January, media reports said the China Securities Regulatory Commission (CSRC) penalized a fund firm, identified as Fund D, for paying unqualified online influencers to market its products. According to a CSRC document cited in reports, the firm "induced investors with incompatible risk tolerance" to buy high-risk offerings and "neglected professional compliance in pursuit of short-term growth." The regulator did not comment.
The move reflects broader unease over market volatility. Nearly 4.91 million new mainland stock accounts were opened in January — the biggest monthly jump since October 2024 — as money poured into smaller tech names linked to AI, ...
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23.02.26 - 03:54
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Nordosten der USA bereitet sich auf Wintersturm vor (Tagesschau)
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Schnee und Kälte haben Teile der USA weiter fest im Griff. Wieder bereiten sich mehrere Bundesstaaten auf einen schweren Wintersturm vor: In New Jersey gilt eine Blizzard-Warnung, in New York sind die Straßen für den Autoverkehr gesperrt....
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23.02.26 - 03:36
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China′s EV insurers move towards profitability on higher premiums, AI adoption (SCMP)
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Chinese insurers underwriting electric vehicle (EV) policies have a better chance of turning a profit this year, supported by higher premiums, intelligent pricing mechanisms and improved claims-handling efficiency.
A turnaround in mainland China's EV insurance market, against the backdrop of a bearish outlook for the automotive sector, will accelerate the pace of electrification on the country's roads, according to industry officials and analysts.
“Heavy losses in the insurance business used to......
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