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Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts

Published Wed, 26 Feb 2025 01:52:23 GMT

HONG KONG (AP) — A Hong Kong court will convene a hearing Monday on troubled Chinese property developer Evergrande’s plans for restructuring its more than $300 billion in debts and staving off liquidation. The company, the world’s most indebted property developer, ran into trouble when Chinese regulators cracked down on excessive borrowing in the real estate sector.Last month, the company said Chinese police were investigating Evergrande’s chairman, Hui Ka Yan, for unspecified suspected crimes in the latest obstacle to the company’s efforts to resolve its financial woes. The Hong Kong High Court has postponed the hearing over Evergrande’s potential liquidation several times. Judge Linda Chan said in October that Monday’s hearing would be the last before a decision is handed down. Evergrande could be ordered to liquidate if the plan is rejected by its creditors. In September, Evergrande abandoned its initial debt restructuring plan after authorities banned it from issuing new d...

Kissinger’s unwavering support for brutal regimes still haunts Latin America

Published Wed, 26 Feb 2025 01:52:23 GMT

SANTIAGO, Chile (AP) — In Chile, leftists were tortured, tossed from helicopters and forced to watch relatives be raped. In Argentina, many were “disappeared” by members of the brutal military dictatorship that held detainees in concentration camps.It all happened with the endorsement of Henry Kissinger, the former U.S. secretary of state who died Wednesday at age 100.As tributes poured in for the towering figure who was the top U.S. diplomat under Presidents Richard Nixon and Gerald Ford, the mood was decidedly different in South America, where many countries were scarred deeply during the Cold War by human rights abuses inflicted in the name of anti-communism and where many continue to harbor a deep distrust of their powerful neighbor to the north.“I don’t know of any U.S. citizen who is more deplored, more disliked in Latin America than Henry Kissinger,” said Stephen Rabe, a retired University of Texas at Dallas history professor who wrote a book about Kissinger’s relationship wi...

Venezuelans to vote in referendum over large swathe of territory under dispute with Guyana

Published Wed, 26 Feb 2025 01:52:23 GMT

CARACAS, Venezuela (AP) — Venezuelans will vote Sunday in a referendum to supposedly decide the future of a large swath of neighboring Guyana their government claims ownership of, arguing the territory was stolen when a north-south border was drawn more than a century ago.Guyana considers the referendum a step toward annexation and the vote has its residents on edge. It asks Venezuelans whether they support establishing a state in the disputed territory known as Essequibo, granting citizenship to current and future area residents, and rejecting the jurisdiction of the United Nations’ top court in settling the disagreement between the two South American countries. The International Court of Justice on Friday ordered Venezuela not to take any action that would alter Guyana’s control over Essequibo, but the judges did not specifically ban officials from carrying out Sunday’s five-question referendum. Guyana had asked the court to order Venezuela to halt parts of the vote.Th...

Texas blasts Oklahoma State 49-21 to win Big 12 title, Longhorns await CFP fate

Published Wed, 26 Feb 2025 01:52:23 GMT

AUSTIN (KXAN) — Texas needed to finish off its Big 12 Conference era in style in hopes of impressing the College Football Playoff selection committee enough to have a shot at garnering a top-four ranking.The Longhorns certainly did that, pounding Oklahoma State 49-21 in the Big 12 title game Saturday at Cowboys Stadium. All the Longhorns can do now is wait until Sunday to learn its CFP fate. It's the fourth Big 12 title in the program's history.MORE THAN THE SCORE: Stay up to date on sports stories like these, and sign up for our More than the Score sports newsletter at kxan.com/newsletters"This has been a heck of a journey," Longhorns head coach Steve Sarkisian said. "As much as we look at this season, it has been a process from Day 1. These guys know that we've been talking about being champions since the summer, and the guys never backed off of that and never blinked."Longhorns quarterback Quinn Ewers had a career day to help his squad win the conference title, throwing for 452 y...

Late Nuggets comeback falls short in Sacramento despite Nikola Jokic’s 30-point triple-double

Published Wed, 26 Feb 2025 01:52:23 GMT

A four-game win streak came to an end for the Nuggets on Saturday night in Sacramento, where the Kings opened up a 17-point lead in the first half and held on for a 123-117 win.After playing five games in the last seven days, Denver (14-7) has three days off before visiting the Clippers on Wednesday.Back-to-back good fortune was upThe defending champions were one of only three NBA teams with five back-to-backs in the first six weeks of the 2023-24 schedule. It was an unlucky draw for the Nuggets after a short offseason, but they have somehow managed to turn lemons into lemonade for the most part, winning the second game of all four back-to-backs before Sacramento (Utah, Chicago, at Detroit, at Los Angeles). In two of those four, they were without Nikola Jokic during crunch time.It was only a matter of time before that good fortune ran out, and Sacramento was coming off two days of rest. All things considered, it’s impressive that Denver has allowed only 106.6 points per game i...

Missing Arizona woman's vehicle found in Pasadena

Published Wed, 26 Feb 2025 01:52:23 GMT

Loved ones are searching for a missing Arizona woman whose vehicle was found in Pasadena. Jade Marmon, 32, disappeared on Oct. 4 from Cottonwood, Arizona, according to Pasadena police.Her last known location is believed to be near the Pasadena Convention Center where her car was found on Oct. 18.Loved ones said Marmon has been known to hang around grocery stores and gas stations. She is described as being “very friendly and doesn't have a problem talking to people and sharing the gospel,” authorities said.She stands 5 feet 6 inches tall, weighs 190 pounds and has green eyes and brown hair. Jade Marmon, 32, disappeared on Oct. 4, 2023, from Cottonwood, Arizona and traveled to Southern California according to Pasadena police. Loved ones search for L.A. County girl missing for months She tends to wear black clothing and gothic makeup, authorities said.Marmon’s loved ones have not heard from her since and are concerned for her well-being. "Your family loves and misses you very much," ...

South San Francisco sees magical season end in NorCal 6-A title game

Published Wed, 26 Feb 2025 01:52:23 GMT

SOUTH SAN FRANCISCO – South San Francisco’s packed home bleachers saw its crowd rise in unison to applaud and cheer the hometown team after the final whistle blew on the NorCal 6-A final. Did it matter that Colusa had just routed the Warriors 42-6 in a running clock victory? Hardly. The town, which didn’t even have a varsity team to cheer for two years ago, appreciated a program that won a section title for the first time since 1989, broke the school record for wins, and reached the cusp of state glory. “It meant a lot,” senior Justice Goodman said. “During my freshman year, we had nobody. Now, we had the whole city out here.”South San Francisco coach Kolone Pua and Soblessed Mauia #77 prepare to shake hands with Colusa, winner of the CIF NorCal 6-A high school football championship, Saturday, Dec. 2, 2023, in South San Francisco, Calif. (Karl Mondon/Bay Area News Group) South San Francisco entered the game fresh off a grueling 13-7 slugfest with Santa Teresa in the CCS D...

Gonsalves scores 18 as Utah Tech takes down Utah Valley 65-53

Published Wed, 26 Feb 2025 01:52:23 GMT

SAINT GEORGE, Utah (AP) — Noa Gonsalves’ 18 points helped Utah Tech defeat Utah Valley 65-53 on Saturday night.Gonsalves shot 7 for 15, including 4 for 9 from beyond the arc for the Trailblazers (4-3, 1-0 Western Athletic Conference). Beon Riley scored 17 points while shooting 4 of 10 from the field and 8 for 11 from the foul line, and added 13 rebounds. Tanner Christensen had 10 points and was 4-of-5 shooting and 2 of 3 from the free-throw line.Caleb Stone-Carrawell led the Wolverines (5-3, 1-1) in scoring, finishing with 15 points. Drake Allen added 14 points and three steals for Utah Valley. In addition, Tanner Toolson finished with 10 points and two steals.___The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.Source

House scores 26 of his 28 in 1st half, New Mexico beats New Mexico St. 106-62

Published Wed, 26 Feb 2025 01:52:23 GMT

ALBUQUERQUE, N.M. (AP) — It was the Jaelen House show Saturday as the New Mexico guard scored 28 points — 26 of those in the first half —- to lead the Lobos to a 106-62 win over downstate rival New Mexico State.Tru Washington had a career-high 21 points and Donovan Dent added 12 points with 10 assists for New Mexico (7-1).Femi Odukale scored 18 to lead the Aggies (4-6) and Kaosi Ezegu chipped in 13.The game was particularly tense early on with a flagrant foul against Odukale, who also got a technical. The Aggies were whistled for 18 first-half fouls.Washington also picked up a first-half technical.The game was still relatively close midway through the first half, with the Lobos leading 27-21 before going on an 18-3 run to push the lead to 45-24.New Mexico used a stifling defense to create 17 turnovers — including 10 steals — leading to a 19-10 advantage in points off turnovers, including a 21-0 edge on fast-break scoring.BIG PICTUREThe game marked the resumption of the series when l...

Militants open fire at a bus in northern Pakistan, killing 9 people including 2 soldiers

Published Wed, 26 Feb 2025 01:52:23 GMT

PESHAWAR, Pakistan (AP) — Militants opened fire at a bus in northern Pakistan, killing nine people including two soldiers, local police said.The shooting occurred on Saturday night in the Chilas area of the northern Gilgit Baltistan region, police officer Azmat Shah said.The bus was carrying passengers from Gilgit to Rawalpindi. The driver lost control of the bus when it was hit by the gunfire and crashed into a truck. The truck caught fire, killing the drivers of both vehicles.At least 26 people were injured in the incident and transferred to local hospitals.The home minister of Gilgit Baltistan, Shams Lone, told journalists the incident was an “act of terrorism” and said that two soldiers from Pakistan’s army were among those killed. A local Islamic cleric, Mufti Sher Zaman, was also injured, he said.After the incident, the location was cordoned off and police helped move traffic through the area in convoys, said senior police official Sardar Shehryar.The chief ministe...