Ukraine responds to Russia’s strikes leading to a power outage
At least 600,000 people across Ukraine are left without power following Russia’s aerial attack on energy infrastructure on the night of Oct. 13. Including 39 missiles and more than 120 drones, the attack damaged at least 26 power facilities and four in the gas and oil sector around Kyiv, according to ABC News. After the attack, Ukrainian President Volodymyr Zelenskyy took to social media, stating that Russia broke the energy ceasefire announced by Donald Trump on Oct. 11. That same night, Ukraine’s Defence Forces struck a site used to store, prepare and launch Russian attack drones near Donetsk. Ukraine’s General Staff states that these systematic strikes on facilities are aimed at limiting Russia’s ability to attack civilian infrastructure.
Students in Albania protest in anti-government movement
On Oct. 14, thousands of students attacked government buildings, banks and businesses in the Albanian capital of Tirana for over eight hours as part of an anti-government movement. Storefronts were smashed, fires erupted across the city and at least four government ministry buildings were damaged, according to AP News. Riot police used tear gas and water cannons to push crowds back in response. As a result, 23 police officers and six others were treated for injuries, 35 people were detained and 16 people were arrested. The second day of protests was organized by students seeking education reform, joining a broader campaign that opposes the luxury tourism development project linked to U.S. President Donald Trump’s son-in-law, Jared Kushner.
Bank of America receives $1.2 billion fine for violating money laundering laws
The U.S. Treasury Department stated on Oct. 13 that it was fining Bank of America $1.2 billion for allegedly failing to report national security risks involving Chinese money-laundering networks, as well as illegal financial activity along the southwest border. This marks the third-largest penalty ever issued by the Treasury Department, according to PBS News. “The consequences extend far beyond its own walls, exposing the entire U.S. financial system to significant illicit finance risks,” Scott Bessent, Treasury Secretary, said. Bank of America later admitted that it violated the 1970 Bank Secrecy Act, requiring banks to help the government prevent money laundering.
Leave a Reply