This is the latest blow to China’s embattled property sector, following news of property developer Evergrande filing for bankruptcy protection in the U.S. last week.
Shares of Country Garden have plunged over 70% so far this year, hitting record lows after the company failed to meet bond coupon payments, issued a profit warning and suspended trading in 11 of its onshore bonds.
Country Garden also has less than 30 days to make coupon payments it missed on Aug. 7 on two dollar bond coupons worth $22.5 million.
The New York State Department of Labor still needs to recover 63% of stolen wages during a five-year period analyzed by ProPublica and Documented. The problem? An understaffed agency with poor tools for recovering wages and enforcing judgments.
Paxton’s defense also said the Texas Senate should toss out the impeachment articles because the allegations happened before Paxton’s most recent election.
They call it the “prior-term doctrine.” Paxton’s lawyers cite the Texas Constitution and say only offenses that happened after November 2022 — Paxton’s most recent election — could be grounds for impeachment.
But the Texas Constitution is not that explicit. It only says a person cannot be impeached for offenses committed before their election to office. It doesn’t specify if that means their first election to a position or their most recent reelection.
All four charges laid out in the second federal indictment of former President Donald Trump center around the idea that Trump tried to steal the 2020 election. Hence, some people incorrectly believe that part of the prosecution’s job will be showing that Trump understood that he was the one trying to steal the election, and not that it was stolen from him. Those people are mistaken. Special counsel Jack Smith can convict Trump on all charges — corruptly obstructing and conspiring to corrupt an official proceeding, conspiring to defraud the government, and conspiring to violate civil rights — without ever showing that Trump knew he had lost the 2020 election.
Users will only subscribe to a couple of those though, so It’ll be a competition amongst them all. Collections with the best content, discussions, and moderation will win.
“Deplorables” ended up being too kind of a word for shitbags that support this walking crime spree.