Fri. Jun 21st, 2019

China blames United States, journalists for Obama airport fiasco

 

BEIJING (Reuters) – China on Monday leveled responsibility at the United States and journalists for a fracas at a Chinese airport, in which officials of both countries exchanged heated remarks as President Barack Obama disembarked from his aircraft.

The comments by a foreign ministry spokeswoman were in response to questions whether China, which is hosting a G20 summit meeting in its eastern city of Hangzhou, intentionally failed to provide Obama’s plane with a staircase, an event that has fueled speculation it was a diplomatic snub. [restrict]

“I think if only the American group had respected the working arrangements first made with China then this wouldn’t have occurred,” Hua Chunying told reporters in Beijing on Monday.

“You saw that all the other country leaders all used the stairs that China provided. So why was it only the United States that didn’t? These were the stairs the United States requested.”

Hua questioned why China would intentionally create trouble for the United States, adding that the incident was not a high-level issue, echoing comments made by Obama on Sunday.

A Chinese security official had also blocked National Security Adviser Susan Rice on the tarmac and yelled at another U.S. official trying to help journalists get closer to Obama.

Hua criticized the media for not respecting China’s rules on where to stand to capture images of the Obama leaving the plane, adding that other countries’ reporters were fine.

(Reporting by Paul Carsten; Additional reporting by Beijing Newsroom; Editing by Clarence Fernandez) [/restrict]


ICB Bank and Pangea Foundation to cooperate on a password-based financial services business

June 14, 2019 - Palau ICB Bank will launch new financial services based on the Pangea Foundation and cryptography promote business.

ICB Bank on Thursday, the cryptographic currency foundation Pangea (PAN) and block chain-based cryptography and signed business agreement to promote the financial services business.

ICB Bank uses the Pangea Foundation's password currency 'Pangea' to combine financial services. We plan to jointly promote various Pin Tech businesses.

In particular, ICB Bank is working with Pangea Foundation. ICB Bank promote issuance of visa cards and master cards based on cryptography. The company is releasing debit cards that can be settled as collateral.

If a Visa or Master Card is actually issued, payment will be made in everyday life anywhere in the world. It is becomes possible, consumers can use the Visa/Master Card on-line merchant's Bitcoin, Ethereum.

The bank, a financial institution works with the Cryptographic Fund to provide financial services that can be applied in everyday life. The roll out is expected to be the first in the block chain pin tech industry.

An official from the Pangea Foundation said, "Working with the bank, in the future, global credit card companies and we will expand services to Eurpoe, Latin America and other countries in connection with possible banks." he said.

On the other hand, Cryptography Pangea (PAN) is an ERC20-based token used for remittance and payment. Adds a centralize authentication agreement to decentralized lenders technology for faster transaction rates. Billing platform at the same time. Currently, Indonesia, Vietnam, Uzbekistan, Europe, etc. and the Cryptographic Exchange of eight countries in Southeast Asia and Latin America.

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