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By Field Level Media Aug 28 (Field Level Media) – One of Jerry Sandusky’s accusers reportedly plans to recant his testimony against the former Penn State defensive coordinator who is serving a decades- long prison sentence for sexually abusing boys. A judge has scheduled an evidentiary hearing for Sept. 8 in Bellefonte, Pa., ABC News reported Thursday. Sandusky, 82, was convicted in 2012 of 45 counts of sexual abuse involving […]

NUWAKOT, Nepal (AP) — Aid began to reach some survivors in Nepal on Friday following the catastrophic flash floods that swept through the mountainous border region between Nepal and China, as the full scope of the devastation continued to emerge and survivors sought shelter at makeshift army relief centers. Children who have been separated from their families are being given shelter as attempts are made to reunite them with families. […]

WASHINGTON (AP) — The Trump administration is taking steps to limit an Egyptian bank’s operations in the United Arab Emirates, accusing the financial institution of serving as an economic lifeline to Tehran’s leadership as the U.S. war against Iran reaches the six-month mark. Under a new rule proposed Friday by the Treasury Department, the Emirati branches of Banque Misr, Egypt’s second-largest bank, would be severed from access to the U.S. […]

BELLEFONTE, Pa. (AP) — A judge has granted a hearing to explore claims that a man wants to recant allegations of sexual abuse years ago by Penn State assistant football coach Jerry Sandusky. Sandusky, 82, has been serving a decades-long prison sentence since he was convicted of 45 counts of sexual abuse involving multiple boys in 2012. He has repeatedly lost efforts to get a new trial. A man identified […]

By Jaspreet Singh Aug 28 (Reuters) – The Canadian government will loan C$195 million ($140.78 million) to Xanadu Quantum for setting up a plant that would make photonic components for quantum computers, in the country’s largest ever support for the technology. The move, unveiled on Friday, highlights growing global interest in quantum computers and comes months after the Trump administration decided to take $2 billion in equity stakes across nine […]

WASHINGTON, Aug 28 (Reuters) – A federal judge on Friday denied Donald Trump’s attempt to move his already-decided New York state hush money case to federal court, in a setback for the U.S. president’s effort to erase his criminal conviction. (Reporting by Ismail Shakil and Luc Cohen; editing by Lisa Shumaker and Susan Heavey) Brought to you by www.srnnews.com

JACKSON HOLE, Wyoming, Aug 28 (Reuters) – Stablecoins do not credibly function as a means of payment at scale and tokenized deposits offer a more compelling case to harness the benefits of this new technology, said the chief of the Bank for International Settlements, a central bank umbrella group. Stablecoins are a type of crypto asset designed to maintain a stable value. Their growing popularity has fuelled concerns about financial stability […]

WASHINGTON, Aug 28 (Reuters) – President Donald Trump said on Friday he will sign an executive order to create a U.S. Space Academy. “I will sign an executive order to begin the process of creating a new national academy. It’s called the U.S. Space Academy. That’s a big deal,” Trump said during a visit to NASA’s Johnson Space Center in Houston. (Reporting by Jacob Bogage and Nandita Bose and Katharine […]

BELGRADE, Serbia (AP) — Serbia’s President Aleksandar Vucic on Friday accused a war crimes U.N. court in The Hague of “uncivilized behavior” for refusing to grant an early release for the former Bosnian Serb army commander Ratko Mladic, who died Thursday at the age of 84 while serving a life sentence for his crimes. Mladic’s family and the Serbian government had requested several times that Mladic be released, citing his […]