International Students May be Deportable on the First Day After Graduation: New USCIS Draft Policy

first_imgInternational students may become deportable on the first day after they finish their course of study, in a new draft policy unveiled by U.S. Citizenship and Immigration Services May 11.“USCIS is dedicated to our mission of ensuring the integrity of the immigration system. F, J, and M nonimmigrants are admitted to the United States for a specific purpose, and when that purpose has ended, we expect them to depart, or to obtain another, lawful immigration status,” said USCIS director L. Francis Cissna in a press statement unveiling the draft policy.Read it at Related Itemslast_img read more

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No more stashed cash for Greeks

first_imgThe tide has turned for one of the most persisting narratives of the Greek crisis. For most of the past eight years, it was largely assumed that Greek people have been stashing their savings in their homes, for fear of Grexit at first and then as a result of the capital controls and it turns out that part of it may be true.This is at least implied by a continuous increase in bank deposits. According to Bank of Greece data, for the 10th straight month, term deposits rose in April, and increased by over three billion euros in the 10-month period. At the same time, there was an increase in deposits in current accounts, albeit to a lesser degree, as they rose by 1.78bn euros.This increase is believed to be due to the influx of new capital; the greatest part of last year’s increase had come to the banks from the liquidation of investments in mutual funds abroad, which were made in the sixth-month period prior to the imposition of capital controls, in June, 2015 and have been brought back to Greece by December 2017.As for the recent new deposits, they are believed to mostly come from cash placed in bank safety deposit boxes or stashed elsewhere. Facebook Twitter: @NeosKosmos Instagramlast_img read more

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