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Trump pardons convicted founder of crypto exchange Binance

admin - Latest News - October 23, 2025
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President Donald Trump signed a pardon on Wednesday for convicted crypto executive Changpeng Zhao, who founded the Binance crypto exchange.



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Nov. 1, 2025, 7:21 PM EDT / Updated Nov. 1, 2025, 10:00 PM EDTBy Dennis Romero and Jamie GrayLONDON — Ten people were injured in a stabbing attack on a train that connects London to North East England on Saturday night, authorities said.Nine suffered life-threatening injuries while a 10th victim was being treated for non-life-threatening injuries, British Transport Police said in a statement early Sunday.”There have been no fatalities,” the agency said.U.K.’s Counter Terrorism Policing, an agency that includes participation from the 43 police forces of England and Wales as well as contributions from police in Scotland and Northern Ireland, is assisting with the investigation led by transport police, it said.Transport police said it hopes to discover the “full circumstances and motivation” for the attack, which was “declared a major incident.”“At this early stage it would not be appropriate to speculate on the causes of the incident,” Transport Police Chief Superintendent Chris Casey said in the statement.Police and medics rushed to a station in Huntingdon, where the train was stopped following a report of stabbings at 7:42 p.m. GMT (3:42 p.m. ET), according to transport police and social media video of the aftermath.Cambridgeshire Police, which patrols the area, arrested two people at the scene, authorities said. Any allegations against them were not given. Medical equipment is pictured inside a police cordon outside Huntingdon Station on Saturday following a stabbing on a train. Justin Tallis / AFP via Getty ImagesAn East of England Ambulance Service spokesperson said it received reports of the attack a minute earlier and transported “multiple patients” to a medical facility. Its response included numerous ambulances, tactical commanders, a hazardous response team, and two helicopters used to transport patients, the spokesperson said.U.K. Prime Minister Keir Starmer called the violence “appalling” and “deeply concerning” and said, “My thoughts are with all those affected, and my thanks go to the emergency services for their response.”The London North Eastern Railway (LNER) issued a “Do Not Travel” alert for the line, saying train service has been disrupted and those with immediate plans to use it should “defer your travel where you can” and book new seat reservations. Buses were initially offered for travel between London and points north, including Huntingdon, 77 miles north of the capital, and Peterborough, 22 miles north of Huntingdon, the railway said. The line through Huntingdon would be out of service until at least 5 a.m. GMT on Sunday, LNER said.”We are aware of an incident involving one of our trains,” the line, one of England’s four major railways, said. “Our immediate concern is for the welfare of our customers and crew who are on board. We are in the process of gathering all the details we can and are liaising with British Transport Police.”That agency said the train was amid 6:25 p.m. GMT (2:25 p.m. ET) service from Doncaster, about 100 miles northwest of Huntingdon, to London King’s Cross when the attacks took place.The A1307, a country highway Cambridgeshire that leads to the center of Huntingdon, was also closed amid the investigation into the attack, Cambridgeshire Police said.Dennis Romero reported from San Diego and Jamie Gray from London.Dennis RomeroDennis Romero is a breaking news reporter for NBC News Digital.Jamie GrayJamie Gray is a senior desk editor for NBC News based in London. 
October 23, 2025
Savewith a NBCUniversal ProfileCreate your free profile or log in to save this articleOct. 23, 2025, 5:00 AM EDTBy Peter GuoHONG KONG — As the Trump administration’s immigration crackdown narrows paths to entry for foreign science and technology workers, China is opening its doors wider — and drawing backlash from the public. The new “K visa,” which launched on Oct. 1, aims to make it easier for the world’s top young talents in science and technology to live and work longer in China as it vies with the U.S. for global dominance in science and technology. The new category requires no job offer, with the only requirements being an as-yet-unspecified age cap and having at least a bachelor’s degree in science, technology, engineering or math from a top Chinese or foreign university, or relevant teaching or research experience there.Though many of the details have yet to be announced, the new Chinese visa program is already drawing interest in India, where China is seen as an increasingly appealing destination amid warming relations and the Trump administration’s surprise announcement last month that it is raising the fee for the equivalent H-1B worker visa to $100,000. Beijing’s talent-friendly move could also give it a boost amid continuing trade tensions and tech rivalries with Washington, which has imposed export controls on chips and other advanced technology that are spurring China to develop its own.But the new visa scheme has not gone over so well with young job seekers in China, who face intense competition even as universities churn out millions of new graduates a year amid an economic slowdown. Unemployment among people ages 16 to 24, excluding students, was at 17.7% last month, according to government figures released Wednesday.Prospective graduates at a job fair in Wuhan, China, in December.Zhang Chang / China News Service via Getty Images filePeople worry that foreign talents may turn an “already fiercely competitive job market even harsher,” said Geng Xiangshun, a Beijing-based commentator experienced in youth career counseling.“China already has an abundant, even surplus, supply of highly educated young talent,” Geng wrote in a post on the popular social media platform Weibo. “Since these local talented individuals aren’t even fully employed yet, why do we need to bring in foreign bachelor-degree holders?”Loosening restrictionsChinese work visas generally come with strict, complex requirements and allow limited stays for a small group of high-end applicants who are sponsored by employers. Immigrating to China is difficult, and there are many obstacles to living and working there long-term.Consequently, China is less attractive for foreign professionals than many advanced economies with skilled migration policies, experts say. Only about 950,000 foreigners work in China, making up just 0.12% of the country’s labor force of about 775 million, according to the Chinese Science and Technology Ministry. In contrast, foreign-born workers accounted for more than 19% of the U.S. civilian work force in 2024, according to the U.S. Bureau of Labor Statistics.The new visa aims to loosen restrictions and enhance China’s global appeal, promising more generous terms such as longer validity periods and multiple entries.Though China is a relative “latecomer” with this initiative, it represents an “upgrade” to China’s existing talent schemes, said Liu Guofu, a law professor at the Beijing Institute of Technology.Notably, the new visa does not require employer sponsorship or invitation, resembling “independent skilled immigration,” Liu said.However, Liu stressed that Beijing’s new talent scheme, which was announced in early August, “bears little direct relation” to President Donald Trump’s shake-up of the H-1B visa fees, which was announced several weeks later.With the visa’s focus on early-career STEM talents, Beijing is pivoting away from repatriating Chinese scientists and selectively inviting senior foreign experts, said Denis Simon, a leading expert on U.S.-China science and technology affairs.“By codifying a youth-focused, flexible entry channel, Beijing is normalizing inbound STEM mobility as part of its innovation strategy,” Simon said.It offers a “lower-friction alternative” for foreign STEM talents who may be frustrated by the higher U.S. fee for H-1B visas, he added, noting that more than 70% of H-1B visa holders are from India.“Even small diversions of applicants can shift the geography of labs and startups at the margin — precisely where innovation clusters are won,” Simon said.Trump administration raises fee for H-1B visas to $100,00000:49Public backlashBeijing’s K visa has been met with strong backlash on Chinese social media, where commenters complained of a lack of transparency and public discussion in policymaking.Matthew Ma, 18, a freshman majoring in integrated circuits in the eastern Chinese city of Nanjing, said he was “quite surprised” that he had read “nothing” about the new visa in the two months since it was announced.“The biggest misstep they took in this whole process was not giving out enough information in time,” Ma said. “And this is, I think, the major reason why people are so angry about this visa.”Others are angered that the visa requires only an undergraduate STEM degree, saying that is setting the bar too low at a time when young people in China feel pressured to rack up advanced degrees in order to compete with their peers in the job market. Social media has also been flooded with racist and xenophobic comments, especially about Indians, amid fears that an influx of foreigners could erode national identity in China, where the population has fallen for the past three consecutive years.In a strongly worded editorial last month, China’s state-run People’s Daily newspaper dismissed such concerns as “strange,” “unnecessary” and “misleading.”“To secure its future, China must attract and utilize the best minds from around the globe,” it said, noting that there is a projected shortage of nearly 30 million skilled workers in the country’s key manufacturing sectors this year alone.“Such talents are in high demand, and the more we have, the better,” it added. “The K visa is just to facilitate young foreign science and tech talents to work and live in China. It shouldn’t be equated with immigration.”Peter GuoPeter Guo is an associate producer based in Hong Kong.Eric Baculinao contributed.
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