New Jersey Migrant Who Killed Mother in Child in DWI Crash Nearly Hit Red Bank Cop Head On Weeks Prior
Red Bank, NJ – An undocumented immigrant (illegal alien) accused of killing a mother and her 11-year-old daughter in a DWI crash was released by New Jersey judges three times in four…
Eastern Panhandle woman sentenced for bank fraud
MARTINSBURG, WEST VIRGINIA – Ana Amesquita, of Kearneysville, West Virginia, was sentenced today to 12 months and one day of incarceration for bank fraud, United States Attorney William Ihlenfeld announced. Amesquita, 27,…
Contra Costa County Man Sentenced to 4 Years in Prison for Mail Theft and Bank Fraud Scheme Committed Throughout Northern California
SACRAMENTO, Calif. — Richard Beldon Waters III, 29, formerly of Contra Costa County, was sentenced today to four years in prison for bank fraud and possession of stolen U.S. mail, U.S. Attorney…
Ukraine’s central bank says interest rate decisions depend on war
KYIV – Ukraine’s central bank said the situation in the war with Russia will determine whether its key interest rate can be cut from the current level of 25% or whether further…
Taiwan central bank set to raise policy rate as inflation hits 10-year high- Reuters poll
TAIPEI – Taiwan’s central bank is likely to raise its policy rate again this week, according to all economists polled by Reuters, to help fend off inflation now at an almost 10-year…
Philippines’ central bank policy not tied to Fed decisions, says governor
MANILA – The Philippine central bank’s monetary policy actions are not tied to the decisions of the United States’ Federal Reserve, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said on Monday. The…
Federal Grand Jury Returns Indictment Against Illinois Man for Bank Robbery
Paducah, KY – A federal grand jury in Paducah returned an indictment on June 7, 2022, charging an Illinois man with bank robbery and interstate transportation of stolen property. According to court…
Milwaukee Man Sentenced to 124 Months in Federal Prison for Armed Bank Robbery
Richard G. Frohling, United States Attorney for the Eastern District of Wisconsin, announced that on June 7, 2022, Christopher Crittendon (age:33) of Milwaukee Wisconsin, was sentenced to a 124-month term of imprisonment…
Former Spring Lake Finance Director Arrested on Charges of Embezzlement, Bank Fraud, Aggravated Identity Theft
RALEIGH, N.C. – A Fayetteville woman was arrested today on charges of Embezzlement, Bank Fraud, and Aggravated Identity Theft. The Indictment alleges that Gay Cameron Tucker, 63, of Fayetteville, embezzled more than…
Woman Who Defrauded Illinois Bank Using Fake Identity Sentenced to 30 Months in Prison
East St. Louis, Ill. – Heather Harper, 38, of Knoxville, Tennessee, was sentenced to thirty months in prison on Wednesday, June 8, 2022, in connection with her involvement in a conspiracy to commit bank…
Russian central bank governor speaks after cutting interest rates
(Reuters) -Russian Central Bank Governor Elvira Nabiullina gave a news conference after the central bank cut its key interest rate to 9.5% on Friday. Nabiullina spoke in Russian. The quotes below were…
Bank of England set to raise rates again as inflation heads for 10%
By William Schomberg LONDON – The Bank of England looks set to raise interest rates next week for the fifth time since December, its steepest run of rate hikes in 25 years,…
Bank of England says 12-month inflation expectations hit record
LONDON – The British public’s expectations for the rate of inflation in a year’s time have risen to their highest in records going back to 1999, a quarterly survey by the Bank…
China’s May new bank loans surge 1.89 trln yuan, much stronger than forecasts
BEIJING – Chinese banks extended 1.89 trillion yuan ($282.62 billion) in new yuan loans in May, rebounding sharply from April and beating analysts’ expectations as policymakers try to reverse a sharp, COVID-induced…
Citibank expects Swiss central bank to raise interest rates next week
LONDON – Citibank says it expects the Swiss National Bank to hike its key rate by 25 basis points when it meets next week. Swiss inflation rose in May by the most…
Peru’s central bank raises benchmark interest rate to 5.5%
LIMA – Peru’s central bank raised the country’s benchmark interest rate by 50 basis points to 5.5% on Thursday, the eleventh consecutive hike, as authorities in the copper-producing Andean nation battle stubbornly…
East Helena Man Sentenced to Prison for Bank Fraud in Covid-19 Relief Scheme
GREAT FALLS – An East Helena man who admitted lying in a scheme to receive more than $1 million in Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA)…
Israeli troops kill Palestinian in West Bank clash, medics say
HEBRON, West Bank -Israeli soldiers killed a Palestinian man and wounded six others in the occupied West Bank town of Halhoul on Thursday, Palestinian medical officials said. The Israeli military said forces…
Bank of Canada: some Canadians could see mortgage payments jump by 45% in 2025-26 as rates rise
By David Ljunggren OTTAWA – Some Canadians who took out mortgages in 2020-21 could see their monthly payments jump by as much as 45% in 2025-26, given rising rates, according to a…
China’s May new yuan loans seen rebounding on central bank support -Reuters poll
BEIJING – China’s new yuan loans likely rebounded sharply in May after a drop in April, a Reuters poll showed, as the central bank ratchets up policy support for the slowing economy.…
World Bank to fund $900 million development projects in east Congo
KINSHASA -The World Bank and Congo have signed two funding conventions of$900 million to boost female entrepreneurship and access to water and electricity in the east and west of the country, the…
As Bank of Canada sprints to neutral, bets of recession climb
By Julie Gordon and Fergal Smith OTTAWA – Canada’s central bank has signaled plans to race ahead with a series of oversized hikes to curb inflation, upping the risk of plunging the…
Somerset County Man Took ‘Upskirt’ Pictures of Juveline at Red Bank Car Dealer Cops Say
FREEHOLD, NJ – A Somerset man has been indicted by a grand jury after he allegedly took lewd photographs of a juvenile female at a local car dealership last year, in a…
World Bank approves $1.49 billion in support for Ukraine – PM
KYIV – The World Bank has approved $1.49 billion in financial support for Ukraine to help pay wages for social workers and civil servants, Ukrainian Prime Minister Denys Shmygal said on Wednesday.…
Beijing’s drive for looser lending raises fears of bank margin squeeze
SHANGHAI – Beijing’s mandate to aid virus-hit sectors has left China’s banking sector lagging behind a broader market rally as the economy reopens, with investors fearful a cash splash by lenders will…
Brazil bank Itau sells stake in broker XP for $154 million -report
(Reuters) – Brazilian lender Itau Unibanco Holding SA on Tuesday sold some of its roughly 11% stake in New York-listed broker XP Inc for about $154 million, Brazil Journal reported without stating…
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