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Jun 1, 2025 |
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America First News
21 Jun 2023
#politics
Front Page Magazine: New York to Provide Sanctuary to Doctors Who Defy Abortion Laws in Other States
New York State Legislature approves legislation protecting doctors prescribing abortion pills in states where abortions are illegal. Governor Hochul has indicated support for the bill. The measure could expand abortion pill access across the country despite bans in certain states. Some providers in New York plan to send abortion pills to patients in restrictive states. The bill stipulates that New York will not cooperate with states if abortion providers are prosecuted, sued, or otherwise penalized under their laws.
#economy
The Epoch Times: No Major Trading Partners Named as Currency Manipulators by US Treasury but China and Others Being Monitored
No major trading partners met the criteria to be labeled a currency manipulator in the four quarters through December 2022, according to a new Foreign Exchange report by the US Treasury Department. Seven economies, including China and Germany, were added to the monitoring list of major trading partners whose currency and economic policies require additional scrutiny. Most foreign exchange intervention by the US's major trading partners last year involved selling dollars to strengthen their currencies. The Treasury will continue to monitor countries’ currency practices and policy settings and their consistency with strong, sustainable, and balanced global growth.
Flag And Cross: Japanese Crypto Exchanges Rally For Softening Of Margin Trading Restrictions
Cryptocurrency exchanges in Japan are pushing for a softening of restrictions on margin trading to allow retail investors to use leverage ranging from four to 10 times. This move could make the country more attractive for crypto and blockchain companies, say industry professionals. Digital asset exchanges are discussing to agree on a leverage limit and plan to present their proposal to the Financial Services Agency in the near future. However, the FSA has imposed a two times leverage limit to safeguard investors from magnified losses, which resulted in a 75% drop in trading volumes by 2022.
#other
The Epoch Times: Australian Energy Giant Approves $10.6 Billion Oil Project Offshore Mexico
Woodside Energy will go ahead with a joint venture with Mexican state-owned oil firm Pemex for an offshore oil project in Trion that is estimated to deliver 479 million barrels of oil over the next decade. Woodside will contribute around $4.8bn in capital expenditure, and estimates that if oil prices remain steady, the project will provide a return on investment of around 16% with a payback period of four years or less. Environmental groups criticised Woodside's decision, saying Trion would be a “carbon emissions bomb” and that the company had no credible transition strategy. The Australian company also faced protests in Perth, with one campaigner charged after defacing the state parliament building.