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China Increases Defense Budget, Premier Orders the Military to Prepare for War

China will increase its military budget to 1.35 trillion yuan (about $207.8 billion) in 2021, which is 6.8 percent higher than 2020, Chinese state-run media reported on Mar. 6. One expert told The Epoch Times that the Chinese Communist Party (CCP)’s top priority is to strengthen its military. During the ruling party’s most important annual

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Biden Orders Review of Trump-Era Rule on College Sexual Misconduct Claims

President Joe Biden has ordered a review of a Trump-era rule on how colleges and universities handle complaints of sexual misconduct under Title IX, the federal law prohibiting sex-based discrimination at federally-funded education programs. In an executive order signed on Monday, Biden directed the newly-confirmed Education Secretary Miguel Cardona to review the education department’s rules,

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School Reopening Bill Draws Strong Reactions in Orange County

A $6.6 billion school reopening initiative launched by Gov. Gavin Newsom was met with mixed reactions in Orange County, where parents are divided on the prospect of full-time, in-classroom studies. “I think they should open immediately,” Orange County resident Jim Puro told The Epoch Times. “We’re creating a generation of kids that are going to

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Zoom Founder Eric Yuan Transfers Stock Worth Over $6 Billion

Video-conferencing platform Zoom Video Communications Inc. founder Eric Yuan transferred about 18 million shares worth over $6 billion last week, according to a regulatory filing. The transfers were related to Yuan’s estate planning practices, a Zoom spokesperson said. “The distributions were made in accordance with the terms of Eric Yuan and his wife’s trusts.” Yuan,

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PayPal to Buy Israeli Digital Asset Security Provider Curv

PayPal Holdings Inc said on Monday it would buy Israel-based digital asset security provider Curv, as the payments processor looks to strengthen support to cryptocurrencies. The terms of the deal, which is expected to complete in the first half of 2021, were not disclosed. Curv would be part of PayPal’s recently created cryptocurrencies-focused unit. PayPal

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Supervisor Candidates Share Approaches to Orange County’s Top Issues

Orange County’s next supervisor will be elected March 9, ending a hotly-contested campaign to fill the Board of Supervisors’ vacant District 2 seat. Candidates include: former state senator John Moorlach, Costa Mesa Mayor Katrina Foley, Fountain Valley Mayor Michael Vo, Newport Beach Councilmember Kevin Muldoon, and tax attorney Janet Rappaport. As voters prepare to make

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US Could Send $1,400 COVID Bill Payments Within Days; Child Tax Credit a Bigger Challenge

WASHINGTON—With plenty of practice sending coronavirus relief payments to Americans, the federal government should be able to launch the delivery of $1,400 checks almost immediately once Congress finalizes the new aid bill and President Joe Biden signs it, tax experts say. Some Americans might see direct payments as soon as this week if the bill

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