The chief executive of the US’s largest bank has voiced his frustration with political gridlock in Washington and said it was sometimes “an embarrassment being an American citizen”. Jamie Dimon, chief executive of JPMorgan Chase & Co, is known for his frequently outspoken comments. Last year, he turned down an opportunity to become Donald Trump’s Treasury Secretary.
Activists accused Beijing of crippling Hong Kong's parliament Friday after four pro-democracy lawmakers were disqualified. The High Court judgement came as a massive blow for the democracy movement as it means the balance of power in the partially elected legislature swings further to the pro-China camp because opponents do not have enough seats to veto bills. Former Umbrella Movement protest leader Nathan Law was among those barred in a case brought by the semi-autonomous city's Beijing-friendly government after the four changed their oaths of office to reflect frustrations with Chinese authorities.
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