June 10, 2021

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Biglaw Firm Reopens With Eventual Plans To Have Office As 'Primary Workspace'
(DBN)

ABA urges suspension or forgiveness of some student debt in letter to new chief of federal student aid office
(DBN)

Teach-out plan for Florida Coastal approved; classes will end after summer term
(DBN)

No, They're Not Going To Stop Teaching Dred Scott
(DBN)

Is Biglaw Using Early Partnership To Keep Valuable Associates From Jumping Ship?
(DBN)

Judge Approves Investigation Into Erika Jayne As Part Of Her Estranged Husband’s Bankruptcy, Trustee Believes Reality Star May Be Liable For $7 Million In Debt
(DBN)

Argumentative and Self-Sufficient: Ever Wonder Why Some Lawyers Suck at Relationships?
(DBN)

Carlton Fields Sued in $10 Million Legal Malpractice Lawsuit
(DBN)

Law Firms Are Ready to Look Outside for Transactional Help, Bets ALSP Factor
(DBN)

Cedar Fair’s Legal Chief Leaving After 58% Pandemic Pay Cut
(DBN)

This Is Why You Shouldn't Date A Lawyer
(DBN)

Former federal judge appointed to review materials from FBI Giuliani raid
(DBN)

State Bar of Texas Investigating Whether AG Ken Paxton's Failed Post-Election Lawsuit to SCOTUS Was 'Professional Misconduct'
(DBN)

'Point of No Return': Don McGahn Told Congress How Close Trump Came to 'Inflection Point,' Another 'Saturday Night Massacre' White House Counsel: Trump Wanted Me to Do Crazy Stuff McGahn on Trump's pressure: I felt 'perturbed, trapped' Trump's former White House counsel testified that there was 'never really a good beginning, middle, and end' to their conversations McGahn Confirms He Warned Trump Against Removing Mueller
(DBN)

Trump administration pursued CNN reporter's records in months-long secret court battle
(DBN)

CNN lawyer describes gag order and secretive process where Justice Department sought reporter's email records
(DBN)

Democrats urge DOJ not to defend Trump in E. Jean Carroll defamation lawsuit Why on earth is Biden’s DOJ backing Trump in a rape denial case?
(DBN)

Family of Capitol rioter Ashli Babbitt sues for identity of police officer who shot her Trump's election fraud claims propelled them to the Capitol on Jan. 6. His ongoing comments are keeping them in jail Trump’s continued election lies keep blowing up supporters’ legal defense for Jan. 6 Sicknick's partner says GOP protecting Trump by blocking Jan. 6 commission A House Democrat is trying to hold Republicans civilly responsible for the Capitol attack Man Who Allegedly Stormed U.S. Capitol Decked Out In Burberry Coat Arrested Judge Finds Proud Boy’s Pleas to Get Out of Jail 'Without Merit,' Highlighting Vulgar Threats He Made Against People Who 'Ratted' Him Out Illinois Man Arrested After Being Identified by His Mother and a Middle School Classmate as Smiling Jan. 6 Suspect Pictured in 'Keep America Great' Hat Prosecutors Use Gateway Pundit Interview, 'Magnetic Locks' Conspiracy Theory Against Marine Veteran Charged in Oath Keepers Case Feds Release Alabama 'MAGA Lumberjack' Charged with Throwing 4x4 of Wood at Capitol Police
(DBN)

Capitol Police union calls on acting chief to "stand aside" over riot findings
(DBN)

Judge calls man who torched police station ‘a good person who made a terrible mistake’
(DBN)

Jeffrey Epstein’s former ‘sex slave’ visited him 90 times in jail
(DBN)

A major newspaper just called for the criminal prosecution of Donald Trump
(DBN)

Border surge sends prices soaring; smugglers can earn $200,000
(DBN)

Stash houses, desert rescues: Cops in Texas border towns say their jobs have changed as crossings surge
(DBN)

R. Kelly’s Longtime Lawyers Move to Quit His Case as Trial Nears R. Kelly Tells a Judge That He Wants to Fire Two of His Lawyers Two Months Before His Trial
(DBN)

FL And TX Govs Agree: No To Gay Wedding Cakes, Yes To COVID Cruises
(DBN)

For a second year, most U.S. police departments decline to share information on their use of force
(DBN)

America’s Dangerous Obsession With Innocence
(DBN)

US Gun Violence: Biggest Spike in 50 Years
(DBN)

Sen. Cornyn says gun background check talks have ended
(DBN)

JBS says it paid $11 million ransom after cyberattack
(DBN)

DOJ says it can defend religious exemption that allows LGBTQ discrimination in education
(DBN)

An International Neo-Nazi Group Thought To Have Been Dissolved Is Recruiting Again In The US
(DBN)

Federal appeals court blocks sweeping Missouri abortion ban Federal Appeals Court Blocks Missouri 'Gestational Age' Abortion Restriction in Complete Win for Planned Parenthood
(DBN)

Black activist wards off protesters so women can access Mississippi's sole abortion clinic
(DBN)

Record-High 47% in U.S. Think Abortion Is Morally Acceptable
(DBN)

'Coward' Hit-and-Run Driver Killed Three Girls, Left Fourth Seriously Wounded. Two of the Victims Were in Wheelchairs.
(DBN)

Bill and Melinda Gates’s Epic Divorce Saga Enters Its Next Phase
(DBN)

Texas Woman Gets Prison Time for False 911 Calls That Led to Botched Drug Raid and Deaths of Neighboring Couple
(DBN)

Considering pardon for man prosecutors say was wrongfully convicted not a priority for Mo. governor
(DBN)

Truck driver gets 16 years in crash that killed five bicyclists
(DBN)

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Judges:

Fourth Circuit selects Pamela W. McAfee as Bankruptcy Judge for the Eastern District of North Carolina
(DBN)

This Judge Is OVER Zoom Court
(DBN)

Stephen Breyer’s Apparent Retirement Plan Will Backfire
(DBN)

How to stop judges from sexually harassing law clerks
(DBN)

Senators ask for 10 years of Supreme Court justices’ travel records
(DBN)

U.S. Judicial Conference Urges Senate to Back Security Funding
(DBN)

The improbable true story of Judge Judy and the reporter who made her a star Judge Judy's Final Season
(DBN)

______________

Wall Street:

Stock futures are flat as investors await key inflation report
(DBN)

______________

Layoffs:

You’ve Been WARNed! Amendments to the New Jersey WARN Act May Soon Go Into Effect
(DBN)

United Airlines Workers Urge Houston Officials To Help Save Hundreds Of Jobs
(DBN)

______________

Retailing:

Jewelry retailer Alex and Ani files for Chapter 11 bankruptcy protection Alex and Ani Joins Long List of Fashion Brands in Filing for Chapter 11
(DBN)

Amid Turnaround Efforts, Victoria’s Secret Named in $30 Million-Plus Lawsuit Over New York Store
(DBN)

J. Jill rebounds from pandemic doldrums with 42% sales growth
(DBN)

Merchants Weigh Fewer Cashiers, More Curbside Pickup Post-Covid
(DBN)

Retail trade group sees fastest industry sales growth since 1984
(DBN)

Retail sales to exceed $4.44 trillion in 2021, as NRF revises annual forecast upward
(DBN)

Supply chains struggle to keep up; problems likely to persist
(DBN)

____________

Climate:

Gohmert asks if federal agencies can change Earth's or moon's orbits to fight climate change
(DBN)

Reality Check Awaits John Kerry and His Bid to Cut Ships’ CO2
(DBN)

Shell to Accelerate Emissions Cuts After Dutch Court Ruling
(DBN)

Low Clean-Energy Spending in Poor Countries Puts Climate Goals in Peril
(DBN)

How Disaster Aid Favors White People
(DBN)

____________

Student Debt:

Elizabeth Warren's proposal to cancel $50,000 in student debt would benefit low-income borrowers more, report finds
(DBN)

Fed predicts $68B student loan loss
(DBN)

____________

Food/Beverage:

Chipotle will increase its menu prices as labor costs rise.
(DBN)

Subway franchisees are 'desperate, livid, angry, frantic' as the company forces some to choose between higher fees and 'draconian' rules
(DBN)

World Food Import Bill Set to Reach Record Amid Soaring Costs
(DBN)

____________

Healthcare:

Tulare hospital dodges bullet in bankruptcy case
(DBN)

New daily COVID-19 cases and deaths rise again as concerns over delta variant and Biden vaccination target for July 4 increase
(DBN)

Half of Americans 12 and up fully vaccinated, average daily cases below 15,000
(DBN)

June 9th COVID-19 New Cases, Vaccinations, Hospitalizations
(DBN)

Fauci sounds alarm over COVID-19 variant surging in U.K. Top scientists worry about new Covid variants that may be able to evade vaccines
(DBN)

'Faucigate' emails prove nothing about a lab leak
(DBN)

Fauci blasts Covid conspiracies, accuses critics of ‘attacks on science’
(DBN)

GOP's attacks on Fauci at center of pandemic message
(DBN)

G7 leaders will call for fresh WHO inquiry into Covid origins, leaked communique suggests
(DBN)

Common Cold Making A Comeback As More People Venture Beyond Their Bubbles
(DBN)

Expert witness tells Ohio lawmakers vaccine can 'magnetize' people No, the COVID Vaccine Doesn't Make Forks and Spoons Stick to You
(DBN)

Merck Signs $1.2 Billion U.S. Supply Pact for Covid Treatment
(DBN)

IMF Chief Sees G-7 Giving Tens of Billions for Vaccine Financing
(DBN)

Biden, en route to Europe, says he will unveil a global vaccination plan Biden administration to buy 500 million Pfizer coronavirus vaccine doses to donate to the world Biden, G-7 Leaders Plot Global Vaccination Surge to End Pandemic
(DBN)

'This IS INSANE': Africa desperately short of COVID vaccine
(DBN)

The Fundamental Question of the Pandemic Is Shifting
(DBN)

____________

Economy:

Surprise Jump in U.S. Wages Gives Inflation Debate a New Twist
(DBN)

Job Openings and Labor Turnover Survey Since 2001
(DBN)

White House confident on economy ahead of CPI report
(DBN)

Fed GDPNow latest estimate: 9.3 percent
(DBN)

U.S. wholesale inventories rise solidly; supply constraints loom
(DBN)

As Retail Prices Rise, Companies Try Not to Say It Out Loud
(DBN)

‘Impotent’ Fed policy will fail to contain 1970s-type inflation: Peter Boockvar
(DBN)

G-20 GDP returns to pre-pandemic levels, with China seeing a massive rebound
(DBN)

Half of the pandemic's unemployment money may have been stolen
(DBN)

The risk in Democrats' generous unemployment benefits
(DBN)

The perfect storm making everything you need more expensive
(DBN)

The Back-to-Normal Index
(DBN)

Is The Economy Recovering Too Quickly?
(DBN)

44% of Americans willing to take on debt for post-pandemic spending
(DBN)

Biden administration can’t stop state exits from jobless benefits, says official
(DBN)

The Fed Is Paying 0.00%. Such a Deal! Depositors Are Flocking
(DBN)

4 million Americans quit their jobs in April - a 20-year record. Many of them worked in the retail sector, which is in the middle of a massive labor shortage.
(DBN)

Fear of coronavirus will no longer be acceptable reason for Texans on unemployment to turn down job offers
(DBN)

Hospitality workers are quitting at the fastest rate in 20 years just as employers are raising wages, showing the strange state of the recovery
(DBN)

Banks to Companies: No More Deposits, Please
(DBN)

Biden’s Bipartisan Hopes Dealt Blow as Schumer Preps Go-It-Alone White House infrastructure talks with Capito collapse, leading to finger-pointing as Biden shifts strategy Capito 'frustrated,' says White House 'kept moving the goalposts' on infrastructure Top Republican accuses White House of 'moving goalposts' on infrastructure - but she didn't budge on either of Biden's requests Key progressive calls for bipartisan infrastructure talks to end Progressives draw red line on keeping climate provisions in infrastructure bill
(DBN)

U.S. senators pursue infrastructure plan without tax hikes
(DBN)

Many wealthy households support higher taxes, CNBC survey shows
(DBN)

Democratic, GOP House Members Propose New Infrastructure Plan
(DBN)

Dem Rep. DeFazio: GOP refusal to address climate change is a "major stumbling block"
(DBN)

Biden Lines Up EU Help to Toughen Terms of Trade for China China Says U.S. Is Creating ‘Imaginary Enemy’ With Senate Bill
(DBN)

Biden Will Need More Than $52 Billion to Counter China in Chips
(DBN)

Trans-Atlantic talks to end steel tariffs face a tough problem: China
(DBN)

It's perfectly legal for billionaires to pay so little in taxes. Democrats say they could finally change that after the bombshell ProPublica report.
(DBN)

You May Be Paying a Higher Tax Rate Than a Billionaire
(DBN)

Democrats hit major political wall in efforts to close gender pay gap, raise minimum wage
(DBN)

Democrats struggle with plan to tax dynastic wealth
(DBN)

Yes, Your Employer Can Require You to Be Vaccinated
(DBN)

Increasing Minimum Wage to $15 Would Raise Pay for Half a Million Child Care Workers, Report Finds
(DBN)

Trump’s Favorite Economist Just Said Minorities ‘Aren't Worth $15 an Hour’
(DBN)

UN: Worldwide child labor jumps for first time in 2 decades
(DBN)

Americans Getting Out More, but Cautiously
(DBN)

U.S. to Remain World’s Ultra-Rich Hot Spot Even as China, India Surge
(DBN)

World’s Richest Face Tax Squeeze After 40% Run-Up in Fortunes
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Housing and Demographics: The Next Big Shift
(DBN)

U.S. mortgage applications decline with a drop in refinancing - MBA
(DBN)

Houston Real Estate in May: Sales Up 56% YoY, Inventory Down 41% YoY
(DBN)

Americans are moving, but there's a 'notable reversal' in the types of homes they're choosing
(DBN)

Why we can't have cheap houses
(DBN)

Facebook extends its work-at-home policy to most employees
(DBN)

Manhattan Renters Seeking Discounts Rush to Sign Longer Leases
(DBN)

____________

Municipalities:

America’s largest cities saw the sharpest population losses during the pandemic, new census data shows
(DBN)

____________

Oil/Gas:

Texas Renewables Defy GOP Backlash With $20 Billion in Projects
(DBN)

Developer pulls the plug on Keystone XL oil pipeline
(DBN)

$100-a-barrel target in new oil price surge
(DBN)

Which Countries Have the World’s Largest Proven Oil Reserves?
(DBN)

Leading investors urge governments to end support for fossil fuels
(DBN)

EVs are surging, but not enough to meet climate goals
(DBN)

Oil Investors Shrug Off EV 'Revolution'
(DBN)

G-7 Debates Cutting Gas and Diesel Car Sales to Minority by 2030
(DBN)

Investors With $41 Trillion Ask G-7 to Stop Subsidizing Fossil Fuels
(DBN)

Peak Internal Combustion Engine May Already Be Years Behind Us
(DBN)

The World’s Electric-Car Capital Is Having Nasty Fights Over Oil
(DBN)

Energy Transition May Be Subprime Moment for European Banks
(DBN)

Big Smoke offers Big Oil tips to avoid dodo status
(DBN)

Exxon's board shakeup could force review of billions of dollars in spending
(DBN)

Canada's Oil Sands Producers Form Alliance to Achieve Net-Zero Emissions by 2050
(DBN)

Bankruptcy Casts Shadow Over Cambodian Oil Extraction Ceremony
(DBN)

____________

Autos:

Lordstown Motors’ Cash Crisis Eclipses Recent Meme-Stock Status Lordstown Motors extends decline to 33% as the electric-vehicle maker warns it may go out of business Lordstown Motors' 'going concern' warning spooks investors Lordstown Motors' financial shortfalls don't mean death for the company, analysts note
(DBN)

____________

Education:

The State of Schools as the Pandemic Wanes
(DBN)

Undergraduate College Enrollment Drops 4.9% for Latest Semester
(DBN)

Campus Tours Turn Into Hot Tickets as Schools Start Reopening
(DBN)

Harvard-bound grad asks high school to give her $40,000 award to a community college student
(DBN)

____________

Fashion:

Jessica Simpson Owner Preparing to Sell Assets in Bankruptcy
(DBN)

____________

Banking:

Credit Suisse Offers Top Bankers Bonuses to Stay After Scandals
(DBN)

____________

Personal Finance:

4 ways to stay top of mind when you’re remote and your coworkers aren’t
(DBN)

____________

Weddings:

Wedding boom is on in the US as vendors scramble to keep up
(DBN)

____________

Corporate Governance:

The World’s Biggest Investors Get Louder About ESG
(DBN)

Exxon’s Board Defeat Signals the Rise of Social-Good Activists
(DBN)

____________

Sports:

Senators Seek to Block Soccer Funding Unless Women Get Equal Pay
(DBN)

MLB working to combat cheating after sticky baseballs become a concern
(DBN)

____________

Politics:

Senate Democrats befuddled by Joe Manchin Manchin says Biden has not pressured him to support elections, spending bills The state dictating national policy Inside Biden and Manchin's Joemance
(DBN)

Kyrsten Sinema gets her make-or-break moment with Republicans
(DBN)

Harris Finds Political Risk Abounds on Migration-Diplomacy Tour
(DBN)

White House ‘Perplexed’ By Kamala Harris Performance on First Foreign Policy Trip Harris hears criticism from all sides amid difficult first trip Foreign trip exposed Harris' political weakness, former aides say California Latino lawmakers rebuke Harris for saying 'do not come'
(DBN)

Trump backers lose big as Ciattarelli claims GOP nomination in N.J.
(DBN)

Government watchdog finds failings, but no Trump influence, in clearing of Lafayette Square
(DBN)

3 in 10 Republicans believe Trump will be reinstated as president: poll
(DBN)

Lincoln Project highlighting Flynn's coup comments in new ad
(DBN)

Barack Obama sounds the alarm about America’s democratic erosion
(DBN)

Hunter Biden addressed his white lawyer as 'n***a' multiple times, used phrases like 'true dat n***a'
(DBN)

____________

New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (11 new filings today)
(DBN)

Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Bankruptcy Statistics:

Bankruptcy Spike Expected as Covid Eviction Halt Nears End
(DBN)

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Subchapter V:

The Future of Subchapter V: Navigating the Pandemic and Beyond
(DBN)

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Trustees:

Longtime Bankruptcy Trustee C. Kenneth Still Dies
(DBN)

____________

Bankruptcy Crimes:

Daniel Kamensky, Former Managing Partner of Marble Ridge Capital. Part I.
(DBN)

____________

Aviation:

U.S. Panels to Study Reopening Canada, Mexico, EU, U.K. Travel The US State Department just relaxed COVID-19 travel advisories on Canada and Mexico
(DBN)

LATAM And Aeromexico File To Extend Chapter 11 Plan Deadline
(DBN)

United in Talks to Buy 100 Boeing Max Jets as U.S. Travel Surges
(DBN)

The TSA can't hire enough agents to keep up with the summer travel boom, report says TSA asks office workers for help as America's largest airports face staffing shortages TSA asks office staff for help, offers bonuses and mandates overtime to keep airport checkpoints moving
(DBN)

Ryanair Wins EU Court Challenge to Condor’s Covid-19 Aid
(DBN)

British Airways, Ryanair Face U.K. Probe Over Denied Refunds
(DBN)

EU lawmakers greenlight Covid-19 travel pass in time for summer holidays
(DBN)

____________

Crypto:

Crypto Is ‘Wild West’ Needing Consumer Protections, Warren Says
(DBN)

____________

Pharma:

Opioid peddlers don’t deserve a free pass
(DBN)

____________

Hotels:

"Revenge travel" fuels hotel sector's speedy comeback
(DBN)

____________

Utilities:

PG&E Says It’s Better Prepared to Keep Lights On Despite Drought
(DBN)

____________

Coal:

Sky-High Coal Prices Won’t Spur New Mines in a Greener World
(DBN)

____________

Mass Torts:

Celeb plastic surgeon breaks ranks, says ‘breast implant illness’ is real
(DBN)

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Franchises:

Can Bankruptcy Be a Gift? Five Operators Say Yes
(DBN)

____________

Religion:

Despite her vow of poverty, nun stole more than $830,000 from a Catholic school, prosecutors said
(DBN)

____________

UK:

Arbitration and bankruptcy/insolvency: what are the implications for claimants in arbitration when their respondents enter an insolvency process?
(DBN)

Landlords win victory in latest CVA challenge case
(DBN)

A double win for CVAs: what do recent High Court rulings mean for landlords?
(DBN)

Debt Respite Scheme – breathing space for tenants or hot air for landlords?
(DBN)

Firms urged to ‘communicate with creditors’ - R3
(DBN)

Amigo Warns of Insolvent Balance Sheet Amigo says considering options, including insolvency
(DBN)

UK pushes for City of London to be exempt from G7 tax plan
(DBN)

Eight in 10 Adults in England Estimated to Have Covid Antibodies
(DBN)

U.K.’s Sunak Prepared to Accept Delay to End of Covid Lockdown
(DBN)

U.K. Reports Most New Coronavirus Cases Since February
(DBN)

U.K.-EU Talks Over Northern Ireland End Without a Breakthrough
(DBN)

U.K.’s Covid Contract to Cummings’ Friends Was Unlawful
(DBN)

Haldane Says Gangbusters U.K. Economy May Need Less BOE Support
(DBN)

____________

EU:

Dutch bankruptcy lessons for the eurozone
(DBN)

EU Vows to Shield Households From CO2 Market-Linked Price Hike
(DBN)

Where Europe and the U.S. don’t see eye to eye
(DBN)

____________

Canada:

Canada to ease border restrictions in steps, scrap hotel quarantine - source
(DBN)

Canadian border to stay closed to nonessential foreign travelers until at least early July
(DBN)

Bank of Canada keeps key rate unchanged, sees growth picking up this year
(DBN)

Suspect in deadly attack on Muslim family reportedly laughed during arrest As a Family Is Mourned, Canada Grapples With Anti-Muslim Bias
(DBN)

____________

Portugal:

Portugal to Halt Plan to Ease Confinement Measures in Lisbon
(DBN)

____________

Germany:

Germany Extends Coronavirus Aid as Pandemic Fallout Lingers
(DBN)

Germany Makes Rapid Virus Tests a Key to Everyday Freedoms
(DBN)

____________

France:

France resumes indoor dining, launches health pass as next phase of easing lockdown begins
(DBN)

What It’s Like to Visit Paris Right Now
(DBN)


____________

India:

As India's pandemic surge eases, a race begins to prepare for a possible next wave
(DBN)

Hard Hit Indian Builders Seek Support to Tide Over Covid Wave
(DBN)

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Hungary:

Hungary’s Orban Calls Global Minimum Corporate Tax Plan ‘Absurd’
(DBN)

____________

Denmark:

Danish Virus Infections Slow for First Time in Almost 4 Months
(DBN)

____________

South Africa:

S. Africa Business Mood At Pre-Virus Levels As Economy Re-Opens
(DBN)

____________

Brazil:

Brazil On Bankruptcy: Destroying Pandemic-hit Companies for Profit
(DBN)

____________

Japan:

Japan’s Suga Wants to Complete Covid Vaccinations by November
(DBN)

Japan’s Difficult Choice Between Economy and Pandemic
(DBN)

____________

Russia:

Russian Covid Cases Surge Over 10,000 for First Time Since March
(DBN)

____________

Israel:

Israel shuns EU envoy
(DBN)

Blinken meets with Palestinian Americans & U.S. Jewish organizations
(DBN)

Democratic voters are divided on whether Biden should crack down on Israel
(DBN)

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Nicaragua:

Nicaraguan government launches mass arrests of presidential candidates
(DBN)

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China:

China Returns to Its Strict Covid Restrictions to Fight a New Outbreak
(DBN)

____________

Singapore:

Deloitte Sued Over Alleged Role in Collapse of Singapore Trader
(DBN)

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