Senate overturns new rule allowing class-action suits against banks

first_img continue reading » U.S. consumers are on the verge of losing the right to sue their banks and credit card companies through class-action lawsuits.Vice President broke a 50-50 Senate tie Wednesday night, narrowly approving the repeal of the rule that blocked financial companies from requiring consumers to resolve disputes via individual arbitration proceedings.The Senate vote followed earlier House approval and now goes to President Trump for expected signing. The action hands Wall Street and the financial industry a victory while dealing a defeat to the Consumer Financial Protection Bureau, the federal watchdog that approved the rule in July.The bureau is headed by Richard Cordray, an Obama administration appointee who has been targeted for removal by some congressional Republicans. Created as a new safeguard after the national financial crisis, the watchdog agency had moved to ban most mandatory arbitration clauses found in the fine print of agreements that consumers typically agree to automatically and often unwittingly when they open a checking account or get a credit card. 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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Foreigners in Japan becoming target of discrimination due to virus

first_imgAlthough the student’s university, also located in Beppu, southwestern Japan, had reported from Aug. 8 that a dozen or so exchange students had tested positive for the virus, he was not one of them. He attempted to object, but the men told him, “We’re social distancing. Get lost,” so in the end he could do nothing.Such prejudice against foreigners is seen to be the result of an excessive fear of infection and ignorance among those who lack opportunities to communicate with the international communities with which they reside.The some 2,700 exchange students at APU, who make up almost half of its enrollments, usually forge deep connections with the local community through part-time jobs and extracurricular activities.But since the outbreak of the coronavirus, the city has received reports that some hair salons and dining establishments have put up signs denying entry to students from the university. In response, it immediately set about distributing around 1,500 notices to business operators reminding them that “the fight is against the virus, not people.”Some businesses in Yokohama’s Chinatown near Tokyo also reported receiving hate mail in March blaming Chinese people for the coronavirus outbreak, with messages such as “Get the hell out of Japan.”Read also: Emergency stay permits to no longer be issued for foreigners as Indonesia enters ‘new normal’According to a May survey of around 400 foreigners living in Fukuoka Prefecture by monthly multilingual magazine Fukuoka Now, around 20 percent of respondents said they have experienced some sort of discrimination in relation to the coronavirus.Toshihiro Menju, managing director and chief program officer at the Japan Center for International Exchange, believes that ensuring local residents and foreigners have opportunities to interact is the solution to eradicating discrimination and prejudice.”The relationships built in the community on a daily basis thrive during extraordinary times,” he said.With foreigners, many of them Japanese-Brazilians, accounting for around 10 percent of the population of Minokamo, Gifu Prefecture, the city has been working to strengthen information sharing with its international community.City officials, together with a pastor with interpreting experience, are visiting around 10 churches with foreign congregations to urge them to take thorough measures against the coronavirus’ spread.”Local governments should treat foreign residents in the same way as Japanese residents, and make their guidelines and other policies clear,” said Menju.Topics : Since the outbreak of the coronavirus, there have been increasing reports that foreigners living in areas with prominent international communities in Japan are being subject to discrimination and hateful remarks.”Shitty foreigner, corona.” A 22-year-old Indian student at Ritsumeikan Asia Pacific University was targeted by such a verbal attack while walking around JR Beppu Station, Oita Prefecture in mid-August.The comment came from three Japanese men apparently in their 30s.last_img read more

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Related Southampton nominated for Best Regional UK

first_img RelatedSouthampton nominated for Best Regional UK Airport AwardSouthampton Airport has been nominated in the Business Travel Awards’More flights to Palma to be launched from SouthamptonHolidaymakers living on or near the south coast will be able to travel on direct flights to PalmaFlybe begins winter schedule at BristolFlybe begins winter schedule at Bristol Flybe has held a presentation to mark its ten millionth passenger to travel through Southampton International Airport.After returning on a flight from Edinburgh this morning (July 26th), Bournemouth resident Janet Cauchi was presented with a year-long pass to Flybe’s executive lounge at Southampton and a bunch of flowers.Mike Rutter, Flybe’s chief commercial officer, said the carrier is “delighted” to welcome its ten millionth customer at its Southampton base.His sentiments were echoed by Southampton Airport’s managing director Dave Lees, who said the milestone is “even more special” this year as the airport is marking its centenary year.”The fact that ten million passengers have breezed through Southampton Airport on Flybe flights demonstrates just how popular their services are with both business and leisure passengers,” he commented.On receiving her complementary pass, Ms Cauchi said it had taken her “breath away”.Last month, Flybe marked its two millionth passenger to travel on its flights from Leeds Bradford International Airport.ReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Maplast_img read more

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