Uyghur crackdown in Xinjiang doubles security spending in one year

Hong Kong (CNN)Spending on prisons and security-related construction in the western Chinese region of Xinjiang doubled between 2016 and 2017 new research has revealed, undermining China’s denial of the existence of mass internment camps. But the report released by the Jamestown Foundation, a Washington-based research and analysis institute on Monday,…

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Chinese government fines faulty vaccine company more than $1 billion

Hong Kong (CNN)A Chinese vaccine manufacturer that released hundreds of thousands of batches of faulty vaccines, including a number intended for use on children, has been fined $1.32 billion by the government. The defective rabies vaccine was one of two major controversies to hit the vaccine company within the past…

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DLab is a new East Coast accelerator for crypto

SOSV, a 20-year-old fund with $500 million in assets under management, has been running accelerators for years. Their oldest one, HAX, is the premier hardware accelerator in San Francisco and Shenzhen, and they’ve recently launched a food accelerator in New York and a pair of biology accelerators. Now, however, they’ve…

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China’s President Xi pledges another $60 billion for Africa

(CNN)Chinese President Xi Jinping has announced a $60 billion package of aid, investment and loans to Africa, against a backdrop of growing concern about rising debt distress on the continent. Jeremy Stevens, international economist for the Standard Bank Group, said many felt it would not be “politically appropriate” to pledge…

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Philippines evacuates thousands ahead of Super Typhoon Mangkhut

(CNN)The Philippines is evacuating thousands of people, deploying soldiers and positioning emergency provisions as Super Typhoon Mangkhut threatens more than five million people in the north of the country. In the Philippines, the storm has stoked fears that it may wreak as much damage as Typhoon Haiyan, which in 2013…

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In the aftermath of the Kerala floods, victims try to pick up the pieces of their lives

Kerala, India (CNN)Idicula Gevarghese, forced to abandon his home in the town of Venmoney in the southern Indian state of Kerala last week, returned with his family on Monday to the ruins of their lives. Kerala monsoon rains turn deadly Waiting for assistance In Venmony families cluster together, sheltering on…

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Location-based virtual reality is increasing its footprint in the U.S.

Earlier this year, in a small, grey-walled storefront inside a very large mall in Torrance, Calif. (just past the AMC Center) , the virtual reality game-maker Survios planted its first flag in the market for location-based gaming. It’s one of several companies (many based in Los Angeles) that are turning…

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Three US men face life in jail over murder-for-hire killing of Filipino woman

(CNN)A former US soldier described as a “ringleader of trained assassins” is facing life in jail after being found guilty Wednesday of organizing the killing of a woman in the Philippines in 2012 for cash. “(These men) conspired to end the lives of people overseas whom they had never met.…

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Chinese Tycoon Flips 007 Casino for All-in Bet on Korean Island

Billionaire builds casino resort as China-Korea relations sour Private Jet ferries clients to Jeju resort amid economic spat Yang Zhihui bet his fortune on luring Chinese gamblers and investors to a giant casino resort project in South Korea, his ambitions were threatened by an economic war that flared up between…

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Former Mt. Gox CEO Is No Longer a Bitcoin Believer

In Reddit chat with users, Karpeles talked about jail, fraud He said he wants to reimburse users from any funds he gets revealed, in March, that the Japanese trustee handling the Mt. Gox bankruptcy had already sold some of the company’s remaining Bitcoins to reimburse creditors. Because of peculiarities of…

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Bollywood star Salman Khan sentenced to prison for poaching

(CNN)Bollywood superstar Salman Khan has been sentenced to serve five years in prison after being convicted of illegal poaching in a decades-old case, prosecutors said Thursday. Khan pleaded not guilty and has long maintained his innocence as the case has languished in legal limbo over the years. Khan’s lawyers said…

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