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Big nation building projects will get an extra $75 billion over ten years, while schools will get an extra $18.6 billion, and tough new measures will be placed on the financial sector. "That would be really excessive", he told Sky News noting there was already a lot of concern about the conduct of banks. Any bank that breaches the misconduct rules will face penalties of up to $200 million for big banks and $50 million for smaller banks.
  • 22 million WannaCry ransomware attack attempts blocked by Symantec

    22 million WannaCry ransomware attack attempts blocked by Symantec

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    ALSO READ: Ransomeware attack: Why do WannaCry hackers demand bitcoin? "This is an emerging pattern in 2017", continued Smith. "We have seen vulnerabilities stored by the Central Intelligence Agency show up on WikiLeaks, and now this vulnerability stolen from the NSA has affected customers around the world", wrote Smith in a blog post on Sunday.
  • Philippines president supports Turkey joining ASEAN

    Philippines president supports Turkey joining ASEAN

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    The Philippines now chairs the organization. Apparently, his plan was politely questioned by Aung San Suu Kyi, State Counsellor of Myanmar, a member of ASEAN, who was also at the Beijing event. "Si Aung San Suu Kyi, ang sabi niya, 'Have you considered the physical - the geography whether they are part of the ASEAN or not?" "They are. I would say that they are", he said.
  • Australia considers laptop ban on flights from Muslim-majority countries

    Australia considers laptop ban on flights from Muslim-majority countries

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    Such a ban would mean laptops could only be placed in checked baggage, and would remove the opportunity to get work done on long-haul flights to the USA or Europe. And expect the new security protocol to cause extra delays to travel time . However, on Tuesday, Transport Minister Darren Chester defended the changed stance, saying "the government continuously monitors shifts in the threat environment domestically and overseas to ensure we have the best security arrangements in place to meet the ...
  • Erdogan Welcomes 'Decisive' Trump Meeting Amid Tensions on Syria

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    The air base, however, has been a flashpoint for Turkish-U.S. relations. Putin also noted that he discussed the issue with President Recep Tayyip Erdoğan. Erdoğan is also likely to request the release of Reza Zarrab, a Turkish-Iranian businessman, and Mehmet Hakan Atilla, a deputy general manager of the Turkish state-owned Halk Bank, who are both on trial in the us for violating sanctions against Iran.
  • Trump asked Comey to drop Flynn investigation

    Trump asked Comey to drop Flynn investigation

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    Comey's memo detailing his conversation with Trump would be the clearest proof to date that the president has tried to influence that investigation. The White House's statement was that Rod Rosenstein had made the determination in a report to fire James Comey, when a day later, Trump threw his own people under the bus, saying that was untrue.
  • Lawmakers call for Comey to testify about Flynn request

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    But the reports - both rebutted by Trump's team - add to a mounting perception of an administration in a perpetual state of chaos. The New York Times said that during the Oval Office meeting, Trump condemned a series of government leaks to the news media and said the Federal Bureau of Investigation director should consider prosecuting reporters for publishing classified information.
  • Trump under pressure to explain intel sharing with Russian Federation

    Trump under pressure to explain intel sharing with Russian Federation

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    A European security official said sharing sensitive information could dampen the trust between the United States and its intelligence sharing partners. "The president was meeting with a foreign minister on terrorist threat". The reports by The Washington Post and others drew strong condemnation from Democrats and a rare rebuke of Trump from some Republican lawmakers.