US Treasury Department imposes sanctions on Chinese company over Salt Typhoon hack

WASHINGTON — The U.S. Treasury Department on Friday imposed sanctions on alleged hacker Yin Kecheng and cybersecurity company Sichuan Juxinhe Network Technology Co., accusing both of being involved in a series of hacks against American telecom companies. The intrusions, known under the name Salt Typhoon, have allegedly exposed a huge swath of Americans’ call logs to…

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Israeli-Hamas ceasefire set to begin 1 day before Trump’s inauguration

The Israeli Cabinet approved the Gaza ceasefire for hostage release early Saturday, paving the way for the deal to be implemented beginning Sunday, a day before President-elect Donald Trump takes office. White House Bureau Chief Patsy Widakuswara looks at how his incoming administration might enforce the multiphase deal, and the president-elect’s role in securing it.…

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US Treasury to launch measures Tuesday to avoid debt limit breach

WASHINGTON — U.S. Treasury Secretary Janet Yellen said that the government would reach its statutory borrowing limit on Tuesday and begin employing “extraordinary measures” to keep from breaching the cap and risking a potential catastrophic default.  Yellen, in a letter on Friday to congressional leaders just three days before the Biden administration turns over U.S. government…

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