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Canada Records $148.58 Billion Deficit in First 4 Months of Fiscal Year

Trump Plan to Designate Antifa, KKK as ‘Terrorist Organizations’

President Donald Trump is slated to announce a measure that designates far-left movement Antifa and the Ku Klux Klan (KKK) as terrorist organizations, calling for lynching to be made a federal hate crime. According to a copy of Trump’s speech, he will provide details about his plan for Black America, including a pledge to access capital in black communities by about $500 billion. The move is likely an attempt for Trump to further try and peel away black voters’ support from Democratic nominee Joe Biden. “For decades, Democrat politicians like Joe Biden have taken black voters for granted. They made you big promises before every election—and then the moment they got to Washington, they abandoned you and sold you out,” said a copy of Trump’s speech, reported Fox News. “The…

Canada Records $148.58 Billion Deficit in First 4 Months of Fiscal Year

OTTAWA—Canada recorded a $148.58 billion budget deficit for the first four months of the 2020-21 fiscal year, reflecting the impact of the economic downturn and the cost of COVID-19 emergency aid, the finance department said Friday.

By comparison, Canada posted a $1.56 billion deficit in the same period of fiscal 2019-20.

Revenues fell by 34.1 percent from the same April to July period last year, on lower tax revenues and lower other revenues. Program expenses, meanwhile, jumped 106.2 percent on emergency aid and support transfers to individuals, and crisis funding for businesses, the finance department said.

On a monthly basis, Canada posted a deficit of $28.23 billion in July, compared to the $1.47 billion deficit recorded in July 2019.

Monthly revenues fell by 22.5 percent as tax revenues and other revenues fell, while program expenses jumped 76.9 percent on higher transfers to businesses, individuals and other levels of government, which were part of Ottawa’s COVID-19 response.

The finance ministry noted there could be “substantial volatility in monthly results due to the timing of revenue receipts and expense recognition.”

Focus News: Canada Records $148.58 Billion Deficit in First 4 Months of Fiscal Year

NYPD Spying Case a ‘Wake-Up Call’ About Chinese Infiltration in US, Local Tibetans Say

NEW YORK—The arrest of an NYPD officer for allegedly spying on local Tibetans for Beijing should serve as a “wake-up call” for U.S. officials about the depth of Chinese espionage in the country, local Tibetan activists said. Baimadajie Angwang, an ethnic Tibetan and naturalized U.S. citizen, had worked at the NYPD’s 111th Precinct in Queens, and is also an Army reservist holding a “secret” security clearance. The 33-year-old was arrested on Sept. 19 on four charges, including acting as an illegal Chinese agent, and faces up to 55 years prison if convicted. Angwang’s arrest was hardly a surprise to the ethnic Tibetans in New York City who had prior contact with him. The Tibetan Community of New York and New Jersey (TCNYNJ), a New York-based nonprofit established in 1979, said…