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Eden-Monaro Voters Go to Polls Amid Virus

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Canada Restricts Dealings With Hong Kong Over New Security Law

OTTAWA—Foreign Affairs Minister Francois−Philippe Champagne says Canada is suspending its extradition treaty with Hong Kong as part of a package of responses to the new security law China has imposed on the territory. In a statement, Champagne says Canada will also treat sensitive goods being exported to Hong Kong as if they were being sent to mainland China. That means outright banning some military−related goods from being traded there. China imposed strict new controls on Hong Kong this week, in what Champagne calls a violation of the “one country, two systems” philosophy that was supposed to last 50 years after Britain returned Hong Kong to China in 1997. Champagne’s statement says Hong Kong’s place in the global economy was based on that promise and needs to be reassessed. Canada’s moves…

Eden-Monaro Voters Go to Polls Amid Virus

Voters in Eden-Monaro are sharpening their pencils and heading to the ballot box to have their say, albeit in a COVID-19-safe way.

Polls formally open in the by-election for the seat in the southeastern corner of NSW on July 4.

However, about half the 114,000 voters have either cast their ballot early or mailed it in.

The electoral commission has warned people it may take longer than usual to cast their vote due to coronavirus safety measures.

Voting places will have hand sanitiser and social distancing measures in place, and people have been asked to bring their own pen or pencil.

There are 14 candidates running but the race is widely expected to come down to a contest between Labor’s Kristy McBain and Liberal Fiona Kotvojs, neither of whom is likely to win on primary vote alone.

The by-election was triggered when respected Labor member Mike Kelly resigned from parliament due to health concerns.

It’s been 100 years since a party in government won a seat from the opposition at a by-election.

The vast electorate has suffered from drought, bushfires and the coronavirus recession in recent months.

Labor has accused the government of talking big, especially about the bushfire recovery, but having poor follow-through when it comes to delivering what people need.

Prime Minister Scott Morrison’s has told voters he needs a local voice on his government’s benches to ensure the smooth delivery of help to people in the region.

On Friday, a Sydney man was charged with sending offensive and menacing emails about Ms McBain to voters and others.

Katina Curtis in Canberra

 

Focus News: Eden-Monaro Voters Go to Polls Amid Virus

Nasdaq-Listed Chinese Company Cheated Creditors by Using Fake Gold as Loan Collateral

Nasdaq-listed Chinese jeweler Kingold Jewelry Inc. (KGJI) has received 20 billion yuan ($2.8 billion) loans by claiming to use tons of gold as collateral in the past five years. However, the creditors discovered that some of the gold bars are gilded copper alloy. The loans were protected by insurance issued by Chinese state-run PICC Property and Casualty Company (PICC) and some smaller insurers. But the insurers refuse to pay for the loss of Kingold’s creditors by claiming that the insurance contracts defined that they won’t take care of the loss that was created by the policyholder. However, the creditors emphasized that the insurance agreement ruled that insurers will take responsibility if the gold that is supplied by the policyholder doesn’t meet the standard. Kingold designs and manufactures jewelry. It was…