China-linked money laundering networks aid cartels, warn US lawmakers

IANS | June 11, 2026 10:34 AM

Washington, June 11 (IANS) Republican lawmakers and expert witnesses told a congressional hearing that Chinese money laundering networks have become key financial partners for Mexican drug cartels, helping move billions of dollars in illicit proceeds through the global financial system and complicating US efforts to combat fentanyl trafficking.

US proptech firm Opendoor shuts India operations; cuts 250 jobs

IANS | June 11, 2026 10:26 AM

New Delhi, June 11 (IANS) US-based real estate technology company Opendoor has begun winding down its India operations, with CEO Kaz Nejatian announcing that roles currently based in the country will be relocated closer to the company's customers in the United States.

India, China must unite against drug threat: Ex-White House official

Lalit K. Jha | June 11, 2026 10:17 AM

Washington, June 11 (IANS) India and China must work together to confront what could become "the defining problem of the future for humanity", former White House drug policy chief Rahul Gupta said, warning that no country is immune from the growing threat posed by synthetic drugs and fentanyl trafficking networks.