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US calls for ‘global effort’ to combat cybercrime

AFP

A top US Treasury official on Tuesday called for a “global effort” to combat cyberattacks and to prevent criminals from holding computer systems for ransom.

“It’s going to be critical that we not only do this in the United States, but that we have a global effort because many of these cyber criminals are domiciled outside of our country,” Deputy Treasury Secretary Wally Adeyemo said.

Governments, companies and individuals must focus on cybersecurity “to prevent criminal actors from being able to get into their system, and potentially use them to ransom.”

He testified before the Senate Banking Committee to present a Treasury report showing that growing use of cryptocurrencies outside of traditional payments systems undermines the effectiveness of US economic sanctions.

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“Our goal ultimately, is to make sure that payments do not flow into the hands of criminal actors and … don’t flow into the hands of those people who have been sanctioned by the United States,” Adeyemo said.

Treasury sanctions work by blocking targets — individuals, government officials or companies — from using the US financial system, which in effect cuts them off from banking or profiting from trade in most of the world.

But the Treasury review said digital currencies and alternative payment platforms provide a way to skirt sanctions by moving funds and hiding profits outside the traditional dollar-based financial system.

The official said “it is true” that China is “trying to find means around our financial system to avoid sanctions.”

But “by taking actions in unison with other countries” governments are better able to “hold our adversaries accountable for actions that they take that are in violation of international laws and norms,” he said.

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Asked about Afghanistan, Adeyemo said it is “essential” to maintain economic sanctions against the Taliban but also to “find ways for legitimate humanitarian assistance to get to the Afghan people.”

“I see under no situation in which we would allow the Taliban to have access to the reserves that belong to the Afghan people,” he said, referring to Washington’s decision to withhold about $9 billion of the nation’s reserves held overseas. 

The Treasury report showed use of sanctions increased tenfold over the past two decades since the attacks of September 11, 2001, with 9,421 designations this year compared to just 912 in 2000.

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International

New York Announces First 2,000 Seats in Universal 2-K Program

The Governor of New York, Kathy Hochul, and New York City Mayor Zohran Mamdani took another step today in their universal early education agenda by announcing the communities that will have access to the first 2,000 seats in the new 2-K program this fall — an initiative backed by a $73 million investment.

The funding is part of the $1.2 billion package previously unveiled by Hochul to strengthen child care and early childhood education across the city, one of the key campaign promises of the now Social Democratic mayor.

At the time of the announcement, the governor also outlined additional funds to reinforce the existing 3-K early education infrastructure, a program launched under former Mayor Bill de Blasio (2014–2021).

When the 2-K initiative was introduced in January, Mayor Mamdani explained that its first phase would offer 2,000 seats, with the goal of eventually expanding into a universal program — a commitment supported by the governor.

State investment in child care and preschool services is expected to increase to $4.5 billion by fiscal year 2027.

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Among the first communities set to benefit from the 2,000 seats are Upper Manhattan and Inwood — areas with large Dominican populations — as well as Fordham and Kingsbridge in the Bronx, a borough with a Latino majority.

In East Brooklyn, Canarsie, Brownsville, and Ocean Hill will also be included. Meanwhile, Ozone Park and the Rockaways are among the neighborhoods that will see the rollout of the 2-K program.

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International

Warner Bros. Developing First ‘Game of Thrones’ Movie With ‘Andor’ Writer

Warner Bros. is developing the first feature film based on the hit saga Game of Thrones, with Beau Willimon — screenwriter of Andor — attached to direct, according to a report published Tuesday by Page Six.

The project, currently in early development, will focus on the conquest of King Aegon I Targaryen. A separate television adaptation centered on the same historical storyline within the franchise is also in early stages at HBO.

However, the outlet noted that it remains unclear whether the film will move forward following the recent acquisition of Warner Bros. Discovery by Paramount Skydance.

If the merger is finalized, the movie could potentially be shelved, although that scenario appears unlikely given that the Game of Thrones franchise remains one of HBO’s most valuable and beloved properties.

After six seasons adapting the work of George R. R. Martin, the platform expanded the universe with House of the Dragon, a prequel series set 200 years before the events of Game of Thrones that explores the history of House Targaryen.

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Spain’s Prime Minister to Address Nation Amid Trump’s Trade Threats

The Prime Minister of Spain, Pedro Sánchez, will deliver an institutional address this Wednesday at the Moncloa Palace regarding the escalating situation in the Middle East and recent threats directed at Spain by U.S. President Donald Trump.

The Spanish government announced that Sánchez will make a statement at 9:00 a.m. local time to outline his position on the latest developments following the U.S. and Israeli attacks on Iran.

Sánchez is expected to reiterate Spain’s reasons for opposing the use of U.S. military bases on Spanish soil in the operation—an action he has already described as being outside international law—while also expressing criticism of the Iranian regime.

Government sources indicated that the address had been planned prior to Trump’s remarks criticizing Spain’s stance. However, following those comments, Sánchez is now also expected to respond directly to the U.S. president’s statements.

Trump has threatened to “cut all trade with Spain” and said he wants “nothing to do” with the country after Madrid refused to authorize the use of the Morón and Rota military bases in southern Spain for operations against Tehran.

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The U.S. president also labeled Spain “a terrible NATO partner” and warned that “no one” would tell him he could not use the facilities.

In response, the Spanish government stated that Spain fulfills its commitments to NATO and European defense. It also warned Trump that any review of bilateral trade relations must respect international law and the agreements in place between the European Union and the United States.

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