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food / travel

Reigning In Horsegate Scandal's Best And Worst, As Internet Is Off To Races

Worldcrunch

PARIS - Call it "Horsegate" or just a really bad case of un-authentic Italian food, but the story of horse meat winding up in one of Europe's most popular brands of "all beef" frozen lasagne has been galloping on for four days. We have Romanian meat in question? And also e-questrian.

You see where this is going: with France, Sweden, Ireland, Romania and the UK all hee-ing and haw-ing about what exactly to do with the scandal, we decided to reign in the Internet's worst kind of horsing around with the sort-of-serious news.

Any one for spag bog?#findus#horsemeat twitter.com/mykkym1/status…

— suerose (@mykkym1) February 10, 2013

@tutor2u_graham another one from the Trot-ters #horsegate twitter.com/KESecon/status…

— Paul Sheppard (@KESecon) February 9, 2013

They won't Findus in here #horsegate twitter.com/foodiequine/st…

— Claire Jessiman (@foodiequine) February 8, 2013

And still the jokes keep coming..... #horsegate twitter.com/iam00blonde/st…

— Blondi (@iam00blonde) February 9, 2013

#findus & #tesco should be ashamed..look what 4 year old Elsie made me ... twitter.com/Hayden1974/sta…

— Hayden Groves (@Hayden1974) February 10, 2013

Oh dear #Findus You left a trail of breadcrumbs for us then!! #Horsegate #horsemeat twitter.com/tractorboy_dan…

— Dan Bridges (@tractorboy_dan) February 10, 2013

Martine aime les lasagnes (vu sur Internet). twitter.com/CTrivalle/stat…

— Christophe Trivalle (@CTrivalle) February 11, 2013

Il est temps de remettre à jour les manuels scolaire #Findus #ChevalGate twitter.com/benoitlebreau/…

— Benoit Lebreau (@benoitlebreau) February 10, 2013

Seems @marksandspencer aren't too sure what's in their sandwiches either ;-) #horsegate #beef #horse twitter.com/Lilla_Pete/sta…

— Lil Pete (@Lilla_Pete) February 10, 2013

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Economy

How A Xi Jinping Dinner In San Francisco May Have Sealed Mastercard's Arrival In China

The credit giant becomes only the second player after American Express to be allowed to set up a bank card-clearing RMB operation in mainland China.

Photo of a hand holding a phone displaying an Union Pay logo, with a Mastercard VISA logo in the background of the photo.

Mastercard has just been granted a bank card clearing license in China.

Liu Qianshan

-Analysis-

It appears that one of the biggest beneficiaries from Chinese President Xi Jinping's visit to San Francisco was Mastercard.

The U.S. credit card giant has since secured eagerly anticipated approval to expand in China's massive financial sector, having finally obtained long sought approval from China's central bank and financial regulatory authorities to initiate a bank card business in China through its joint venture with its new Chinese partner.

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Through a joint venture in China between Mastercard and China's NetsUnion Clearing Corporation, dubbed Mastercard NUCC, it has officially entered mainland China as an RMB currency clearing organization. It's only the second foreign business of its kind to do so following American Express in 2020.

The Wall Street Journal has reported that the development is linked to Chinese President Xi Jinping's meeting on Nov. 15 with U.S. President Joe Biden in San Francisco, part of a two-day visit that also included dinner that Xi had with U.S. business executives.

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