Tag: foreign
Russia Is Afraid of Western Psychic Attacks – Foreign Policy
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Indians Moved Over $3.8 Billion to Foreign Exchanges Since Crypto Tax Rules
The report said that India’s virtual digital-asset (VDA) industry is “crippled under the current tax architecture” and that the “baseline scenario” under the current structure is that “almost all” Indian centralized VDA users will move to a foreign exchange. The researchers recommend TDS should be changed from 1% per transaction to 0.1%, which would be on par with the securities transaction tax. They also recommend allowing losses to offset gains and establishing progressive taxes on gains instead of the flat 30% tax. As a current account deficit nation at an all-time high of $36.4 billion, India requires money to flow in as opposed to outflows to offshore exchanges that bypass banking channels. The latest findings might put pressure on authorities to clamp down on outflows through crypto that add to India’s current account deficit.
Read more of this story at Slashdot.
Record number of ‘foreign objects’ left inside patients after surgical blunders
North Korean hackers targeted nearly 1,000 South Korean foreign policy experts
South Korean authorities believe North Korean hackers, working for the government, have targeted at least 892 foreign policy experts in the country. The efforts focused on members of think tanks and academics, dating back to April. The attacks began with spear phishing emails, often claiming to be from figures in South Koreas political system. These usually included either links to fake sites or viruses as attachments. The ploy, while not particularly sophisticated, was enough to fool at least a handful of victims.
The result was that several prominent experts had their personal data stolen, email lists compromised (exposing more people to the hackers), and 13 companies (primarily online retailers) were victims of ransomware. Although police believe only 49 recipients actually handed credentials over to the fakes sites and only two companies paid the 2.5 million won ($1,980) ransom, it’s difficult to judge the full scale of the fallout.
It’s unclear what non-financial resources the North Korean hackers may have gained from this latest campaign. But it’s certain this will not be the last cyber attack on its souther neighbor. The county has previously targeted security researchers to discover unpatched vulnerabilities, and even used the tragedy on Halloween in Itaewon as a tool to target South Korean citizens.
Cyber warfare has been a major focus of North Korea for years, even as it seeks to deter foreign militaries with more traditional methods, like building nuclear weapons. It has also been a major source of revenue for the country which is in perpetual financial crisis and largely cut off from the world’s markets. It’s estimated that North Korean hackers have stolen $1.72 billion worth of cryptocurrency since 2017. And it doesn’t appear that it’s letting the recent crypto crash scare it off, as the recent ransoms were also paid in BitCoin.
Though the hackers covered their tracks reasonably well, the targets, tactics and IP addresses have led police to believe this is the same group that hacked the Korea Hydro & Nuclear Power in 2014. They also believe that the hackers will not cease their activity just because their efforts have been discovered. Authorities have urged people, especially those who work in sensitive areas like technology and government, to step up their security measures and be extra vigilant against fishing and human engineering attacks.
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Keir Starmer’s call to stop hiring foreign workers sparks fresh party in-fighting
SIR Keir Starmer sparked fresh party infighting yesterday after telling bosses to stop hiring cheap foreign workers.
The Labour leader said he wanted to wean Britain off its “immigration dependency” and instead train more staff at home.
Sir Keir Starmer’s call to stop hiring foreign workers sparked fresh party in-fighting[/caption]
But his infuriated predecessor Jeremy Corbyn railed: “Without immigration, the trains wouldn’t run, businesses wouldn’t function and the NHS wouldn’t exist.
“We will not end cheap labour by dividing workers and belittling migrants’ contribution.”
Sir Keir hardened his migration stance after previously warning that ending EU free movement would damage the economy.
In the 2020 Labour leadership election he said: “We have to make the case for the benefits of migration and for the benefits of free movement.”
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Shadow Cabinet Minister Lisa Nandy also said at the time to reject “dog-whistle politics” and stick to unfettered migration.
Rishi Sunak has not put an “arbitrary number” on reducing net migration levels, and forecasts predict it to stay above 200,000 a year for the foreseeable future.
Alp Mehmet, Chairman of Migration Watch UK, said: “It is welcome that the Labour leader is at last paying attention to widespread public concern about the sheer scale of continuing immigration.
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“But he has made no commitment to reduce it.
“Until he does so he will be no more credible than the Tories on this issue which is vital for our future.”
The era of oil-driven foreign policy is over. Welcome to decarbonization diplomacy
Decarbonization diplomacy is off to a positive start. You couldn’t say that about the carbon era.
The era of oil-driven foreign policy is over. Welcome to decarbonization diplomacy by Tim De Chant originally published on TechCrunch