JBA departs
HULK22 USAF E-4B Nightwatch with BOXER40 USAF C-40C out in front
SAM093 USAF C-40 B sw
morning
>>80833, >>80835 pb Joe Biden did not return from Delaware today
Not AF1 Joe 'leaves' Delaware according to this schedule below-it is usually accurate. Did not see a tanker over Not AF1 Joe is in Delaware position all weekend and yesterday
10:25am EST Not AF1 Joe departs Wilmington, Delaware en route the White House
11:20am EST Not AF1 Joe arrives at WH
https://factba.se/biden/calendar
02-5001 USAFSOC C-32B on final at Majors Airport from Eglin AFB and likely here for some maintenance and/or upgrades
yep..can't sit for berry long still so Imma in/out
Sleep ok last night too...nice for a change
Euro zone banks left flying solo by new glitch in ECB payment system
Several euro zone commercial and central banks were left flying solo by a new glitch in the European Central Bank’s payment system late on Monday as they lost access to their online account in the crucial hours before the close of business.
The Target system, which connects banks and central banks around the euro zone and handles payments worth nearly 2 trillion euros ($2.34 trillion) per day, suffered a string of crashes last year, forcing the ECB to launch an independent review and an overhaul.
In Monday’s incident, “a substantial number of participants” such as banks, central banks and market-infrastructure firms, lost access to the platform that allows them to monitor their transactions and account balance with Target, a spokesperson told Reuters on Tuesday. This meant they had to rely on their own book-keeping to know how much money they had left at the central bank and see incoming and outgoing payments. “It’s technically not possible to say how many users were affected. It’s probably a substantial number of participants,” the spokesperson said. “Participants usually do not rely only on Target to monitor their Target account balance and have their own internal accounting tools,” he added.
The incident affecting Target’s Information and Control Module (ICM) started at around 1615 CEST (14:15 GMT) on Monday and was resolved at 2030 CEST, or two and a half hours after Target’s closing time. Payments could still be settled. “Some TARGET2 participants are facing an issue preventing the access to TARGET2 ICM,” the ECB said in a notice to participants late on Monday. “The settlement of payments and ancillary systems is not affected by the issue.”
Target is run by the ECB with the help of the central banks of Germany, France, Italy and Spain. It connects banks to their national central banks, and central banks with each other. Consultancy firm Deloitte recently completed an independent review after the system ran into technical problems five times last year, in one instance leaving payments grounded for 11 hours. It found six major issues in how the ECB runs Target, particularly in how changes are made and crises handled.
https://www.reuters.com/article/ecb-payment/euro-zone-banks-left-flying-solo-by-new-glitch-in-ecb-payment-system-idUSL1N2PH0RA
>>80749 pb
PAVIS76 USAFSOC C-32B departed JBA sw after an overnight-inbound from Ted Stevens Int'l Airport yesterday
Dis wuz the second ANON departure from Anchorage last week and headed to Yokota AB after the C-40B that departed wif the U.N. rep going to Japan (also Yokota) and then Bangkok
kek
Wells Fargo Chairman Noski to Step Down, Be Replaced by Black
Wells Fargo & Co. said Charles H. Noski stepped down as chairman and is being replaced by board member Steven D. Black.
Noski, a director for more than two years and chairman since March 2020, will remain on the board until his retirement on Sept. 30 to help with the transition, the San Francisco-based bank said in a statement Tuesday. Black, who has become chairman effective immediately, has more than 45 years of financial-services experience and has served as co-CEO of private-equity firm Bregal Investments since 2012, Wells Fargo said.
“Chuck stepped into the chairman role at an important inflection point for the company -- both in terms of our ongoing work to improve our controls and governance and in the early days of what became an unprecedented global pandemic,” Chief Executive Officer Charlie Scharf said in the statement. “I have greatly appreciated the wisdom and advice Chuck has provided to me during this challenging period.”
https://www.bnnbloomberg.ca/wells-fargo-chairman-noski-to-step-down-be-replaced-by-black-1.1638596
China court rejects Canadian's appeal of death sentence
Drug smuggling ruling adds to tension over Huawei exec's likely US extradition.
A Chinese court upheld on Tuesday a Canadian man's death sentence for drug smuggling, a day before another court is due to rule on the case of another Canadian accused of spying.
The court proceedings for the two Canadians come as lawyers in Canada representing the detained chief financial officer of telecoms giant Huawei make a final push to convince a court there not to extradite her to the United States, where she faces charges linked to violating sanctions. Robert Schellenberg was arrested for drug smuggling in 2014 and jailed for 15 years in late 2018. He appealed but a court in the city of Dalian sentenced him to death in January 2019, a month after Huawei executive Meng Wanzhou was arrested at Vancouver International Airport on a warrant from the United States, charged with misleading HSBC Holdings PLC about Huawei's business dealings in Iran, potentially causing the bank to violate American economic sanctions. Meng, who has said she is innocent, has been fighting her extradition from under house arrest in Vancouver.
The High Court in the northeast province of Liaoning heard Schellenberg's appeal against the death sentence in May last year and confirmed the verdict on Tuesday. Speaking to reporters by telephone after attending the hearing, Canada's ambassador to China, Dominic Barton, condemned the decision and called for China to grant clemency. "It is not a coincidence that these are happening right now, while the case is going on in Vancouver," Barton said, referring to Schellenberg's case and that of another Canadian, Michael Spavor. China has rejected the suggestion the cases of the Canadians in China are linked to Meng's case in Canada though China has warned of unspecified consequences unless Meng was released. The Chinese foreign ministry did not immediately respond to a request for comment.
Businessman Spavor was detained in China days after Meng's arrest in Vancouver. He was charged with espionage in June last year and went to trial in March. Barton said a court in the northeastern city of Dandong, on a river bordering North Korea, is expected to announce a verdict on Spavor on Wednesday. Another Canadian, former diplomat Michael Kovrig, was also arrested in China days after Meng's arrest and charged with espionage. His trial was conducted in March. His embassy had no news about when he would be sentenced. Chinese courts have a conviction rate of more than 99%.
Some observers have said the likely convictions of both Spavor and Kovrig could ultimately facilitate an agreement in which they are released and sent back to Canada. Since Meng's arrest, China has sentenced at least three Chinese-born Canadians to death for drugs offences -- Fan Wei in April 2019, and Ye Jianhui and Xu Weihong in August last year.
https://asia.nikkei.com/Politics/International-relations/China-court-rejects-Canadian-s-appeal-of-death-sentence
In 1964, UBS was the first Switzerland-based bank to establish a presence in the Asia Pacific region, primarily through its wealth management business.
https://www.ubs.com/global/en/our-firm/apac/_jcr_content/mainpar/toplevelgrid/col1/innergrid/xcol2/linklist/link_1301793348.0433125927.file/bGluay9wYXRoPS9jb250ZW50L2RhbS9ob21lcGFnZXMvc2VjdGlvbnMvZ2xvYmFsL2RvY3VtZW50cy9jaGluYS1mYWN0c2hlZXQucGRm/china-factsheet.pdf
UBS has provided corporate finance advice to Chinese enterprises since 1985.
UBS is the first foreign bank that was allowed to have a fully-licensed securities joint venture in China.
This facilitator of the deal is Chinese vice premier Wang Qishan, who is deemed the most finance-savvy Communist official. He was the mayor of Beijing in 2006 when he met with UBS’s then-chairman Marcel Ospel.
According to Chinese company profiling website Qixin, after the 2020 election, the Beijing UBS went through a major leadership turnover on Nov. 30.
One day before Lin Wood’s tweet about UBS, 12 out of its 15 board of directors quit including Ye Xiang.
Another who just quit the board is Cheng Yixun. The former CEO of UBS’s Beijing-based subsidiary and an expert hired in the Chinese Communist Party’s “Thousand Talents Program.”
https://irvinejournal.com/News/2908
The rest you know.
AE64C1 which decodes as V-22B HMX-1 Nighthawk Osprey departed New Castle County Airport and heading to MCB Quantico
It's not Joe but a support AC
dhey will settle for a lower amount and admit nothing
SAM879 USAF G5 departing JBA ne
This AC had a trip to Groton/New London Airport and back to JBA on 0807
09-0016 USAF C-32A also out from JBA and heading sw
This AC's last visible activity was a flight back to JBA from Majors Airport (L-3) on 080321 from an 0730 arrival