U S News Briefing

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In New York, Trump to use gang violence to press for deportations WASHINGTON/NEW YORK (Reuters) - President Donald Trump will travel on Friday to a New York community shocked by a recent spate of graphic gang murders to highlight his efforts to stop illegal immigration and boost deportations.

Trump ban on transgender service members alarms some military officers WASHINGTON (Reuters) - U.S. President Donald Trump's sudden decision to ban transgender personnel from serving in the military has alarmed some senior military officers who were caught off guard by it.

U.S. upgrades probe into 1.33 million Ford Explorers over exhaust odors WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration is upgrading and expanding a probe into 1.33 million Ford Explorer SUVs over reports of exhaust odors in vehicle compartments and exposure to carbon monoxide that may be linked to crashes and injuries.

Boy Scouts of America apologizes for Trump's 'political rhetoric' NEW YORK (Reuters) - The head of the Boy Scouts of America apologized to members of the youth organization on Thursday for the "political rhetoric that was inserted" into its national gathering this week by U.S. President Donald Trump.

Shkreli portrayed both as liar, well-meaning as trial nears end NEW YORK (Reuters) - Jurors were presented with starkly opposite portrayals of former drug company Martin Shkreli on Thursday, with a prosecutor casting him as a serial liar and his own lawyer calling him a well-meaning but misunderstood genius.

Kansas governor tapped as religious ambassador reflects on legacy (Reuters) - Kansas Governor Sam Brownback on Thursday shrugged off the political backlash and budget woes stirred by his aggressive tax-cutting policies at home as he looked forward to a new role as the Trump administration's chief defender of global religious tolerance.

Dutch manufacturer suspends ride that killed 1 at Ohio fair (Reuters) - The Dutch manufacturer of the ride that killed an 18-year-old man who just enlisted in the Marines and injured seven other people at the Ohio State Fair instructed operators on Thursday to suspend use of similar rides.

U.S. jury finds Macau billionaire guilty in U.N. bribery case NEW YORK (Reuters) - A U.S. jury on Thursday found Macau billionaire Ng Lap Seng guilty on charges he bribed two U.N. ambassadors to help him build a multibillion-dollar conference center.

Texas executes man who stabbed woman to death at her home AUSTIN, Texas (Reuters) - Texas executed on Thursday a man convicted of murdering a woman by stabbing her repeatedly after breaking into her San Antonio home in 2004.

White House divisions on display with Scaramucci's comments WASHINGTON (Reuters) - The rifts inside President Donald Trump's White House were on startling display on Thursday, as his new communications director urged Trump's chief of staff to state publicly that he does not leak information to the media.

Friday Global News Briefing

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Friday, July 28, 2017

Palestinians react as a stun grenade explodes in a street at Jerusalem's Old city outside the compound known to Muslims as Noble Sanctuary and to Jews as Temple Mount. U.S. Senate Republicans failed to dismantle Obamacare, Russia ordered the U.S. to cut diplomatic staff and an Amazon wobble created ripples across worldwide stock markets. U.S. In a stinging blow to President Donald Trump, U.S. Senate Republicans failed to dismantle Obamacare, falling short on a major campaign promise and perhaps ending a seven-year quest by their party to gut the healthcare law. Voting in the early hours, three Republican senators, John McCain, Susan Collins and Lisa Murkowski, crossed party lines to join Democrats in a dramatic 49-to-51 vote to reject a ‘skinny repeal’ bill that would have killed some parts of Obamacare. Reuters TV: McCain's 'no' vote kills GOP healthcare bill  Top Trump lieutenant Scaramucci lashes colleagues in obscene rant In New York, Trump to use gang violence to press for deportations Boy Scouts of America apologizes for Trump's 'political rhetoric' Consumers, businesses likely spurred U.S. economic pickup in second quarter Russia The U.S. Senate voted almost unanimously on Thursday to slap new sanctions on Russia, putting President Donald Trump in a tough position by forcing him to take a hard line on Moscow or veto the legislation and infuriate his own Republican Party. The legislation all but dashes Trump's hopes for warmer ties with Moscow as his administration is dogged by congressional and special counsel investigations into Russian meddling in the 2016 U.S. presidential election to sway it in Trump's favor. Russia orders U.S. to cut diplomatic staff, says to seize diplomatic property Business An earnings miss by Amazon that hit U.S. technology stocks overnight rippled through into other markets, with Asian stocks retreating from recent highs and European tech shares opening sharply lower. Amazon's stock tumbled over 2 percent on Thursday after it reported a slump in profits, as its rapid and costly expansion into new shopping categories and countries showed no sign of slowing.  Baidu rebound buys time for reinvention Value of U.S. deals in China sinks on rising trade tensions  Japan to hike tariffs on frozen beef imports from U.S., other nations  Exclusive: Not Made in America - Wal-Mart looks overseas for online vendors Starbucks puts spotlight on China as U.S. growth cools Cyber Risk North Korea is behind an increasingly orchestrated effort at hacking into computers of financial institutions in South Korea and around the world to steal cash for the impoverished country, a South Korean state-backed agency said in a report. In the past, suspected hacking attempts by North Korea appeared intended to cause social disruption or steal classified military or government data, but the focus seems to have shifted in recent years to raising foreign currency, the South's Financial Security Institute said.  Flush times for hackers in booming cyber security job market Wall Street's top U.S. regulator must improve how it protects against cyber attacks: report A bonnet macaque sits on consecrated idols of snakes as it drinks milk offered by a devotee during the Hindu festival of Nag Panchami, inside a temple on the outskirts of Bengaluru, India. South America The U.S. government ordered family members of employees at its embassy in Venezuela to leave on Thursday as a political crisis deepened ahead of a controversial vote critics contend will end democracy in the oil-rich country. Breakingviews: Colombia's peace dividend won't come easy Middle East With relative calm in southwest Syria since a ceasefire was reached in early July, civil defense services in rebel-held Deraa have shifted focus to clearing unexploded cluster bombs left by air strikes.  Saudi coalition downs Yemen rebel missile near Mecca Filth spreads Yemen's deadly cholera outbreak Commentary: Why it’s risky for the U.S. to label Iran’s IRGC a terror group Asia Pakistan's Supreme Court on Friday toppled Prime Minister Nawaz Sharif, who resigned after the court ruled he was unfit to hold office and ordered a criminal investigation into his family over corruption allegations.Sharif's ruling Pakistan Muslim League-Nawaz  party, which has a majority in parliament, is expected to name a new prime minister to hold office until elections due next year  Japan joins U.S. in imposing new sanctions on North Korea Floods kill 120 in India's Gujarat, with industry and cotton hit

North Korean hackers shift focus to stealing money, not secrets

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Hackers for the North Korean regime of Kim Jong Un have increasingly resorted to stealing money from vulnerable international financial institutions, a new reports states. Handout photo via EPA

July 28 (UPI) -- North Korean hackers are increasingly targeting vulnerable foreign financial institutions, seeking to convert their Internet espionage efforts into a cash cow, according to cybersecurity experts.

A new report by the South Korea-based Financial Security Institute said North Korean hackers were behind the online theft of $81 million from the central bank of Bangladesh. Internet security experts also said they were able to trace the attempted hacking of Polish banks to hackers in North Korea. Evidence in that case suggested the reclusive communist regime was plotting more than 100 other potential ecommerce robberies, The New York Times reported.

North Korean hackers were also believed to be a part of the global "WannaCry" cyberattack that crippled Britain's healthcare industry and forced major companies to pay ransom in order to have their computer systems unlocked, the BBC said.

The tactic marks a shift from previous hacking attempts by North Korea that did not have a clear economic benefit for the Kim regime. Instead, North Korean hackers mostly targeted institutions to garner secrets from businesses and governments and foster uncertainty. The most notable North Korean hack of that nature was against Sony in 2014.

As international sanctions over its nuclear weapons program continue to pound the North Korean economy, the government of Kim Jong Un has been forced to turn to hacking as a means of generating foreign cash supplies to pay for imports that support its failing domestic economy.