European Regulators Pressure Big Banks To Increase Capital

Desperate times call for desperate measures, and across Asia, communities are responding to an extreme and deadly heat wave, which has battered the region since last month and has left few options for residents and governments to cope, in creative and even superstitious ways. One city in the Philippines has rolled out free mobile showers, while in Vietnam, municipal authorities reportedly looked into the possibility of enlisting the help of a man who claimed he could pray for precipitation.

Secretary of Defense Lloyd Austin met Thursday with his counterparts from Australia, Japan and the Philippines as the U. S. deepens ties with an emerging regional group that Pentagon officials have privately nicknamed, the “Squad.” The quadrilateral grouping is one of a number of regional partnerships that Washington has used to push back against China’s assertiveness in Asia.

Russian state-affiliated accounts have boosted their use of TikTok and are getting more engagement on the short-form video platform ahead of the U. S. presidential election, according to a study published Thursday by the nonprofit Brookings Institution. The report states that Russia is increasingly leveraging TikTok to disseminate Kremlin messages in both English and Spanish, with state-linked accounts posting far more frequently on the platform than they did two years ago. [time-brightcove not-tgx=”true”] Such accounts are also active on other social media platforms and have a larger presence on Telegram and X than on TikTok.

(WASHINGTON) — President Joe Biden has called Japan and India “xenophobic” countries that do not welcome immigrants, lumping the two with adversaries China and Russia as he tried to explain their economic circumstances and contrasted the four with the U. S. on immigration. The remarks, at a campaign fundraising event Wednesday evening, came just three weeks after the White House hosted Japanese Prime Minister Fumio Kishida for a lavish official visit, during which the two leaders celebrated what Biden called an “unbreakable alliance,” particularly on global security matters. [time-brightcove not-tgx=”true”] The White House welcomed Indian Prime Minister Narenda Modi for a state visit last summer. Japan is a critical U.

(WASHINGTON) — An orangutan appeared to treat a wound with medicine from a tropical plant— the latest example of how some animals attempt to soothe their own ills with remedies found in the wild, scientists reported Thursday. Scientists observed Rakus pluck and chew up leaves of a medicinal plant used by people throughout Southeast Asia to treat pain and inflammation.