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This Happened

This Happened - February 19: FDR's Internment Camps

Executive Order 9066 was an order issued by President Franklin D. Roosevelt on February 19, 1942, during World War II. The order authorized the Secretary of War to prescribe certain areas as military zones, and to exclude any or all persons from those areas.

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Why was Executive Order 9066 issued?

Executive Order 9066 was issued as a response to the attack on Pearl Harbor by Japan on December 7, 1941. The order was issued out of fear that Japanese-Americans and other people of Asian descent living in the United States would be a security threat to the country during the war.

Who was affected by Executive Order 9066?

Executive Order 9066 affected over 120,000 Japanese-Americans and other people of Asian descent living in the United States. They were forcibly removed from their homes and interned in camps for the duration of the war.

What happened to the Japanese-Americans and other people of Asian descent after the internment?

After the internment, many Japanese-Americans and other people of Asian descent faced difficulty in rebuilding their lives and communities. Many lost their homes and businesses, and faced discrimination and prejudice. In 1988, President Ronald Reagan signed the Civil Liberties Act, which provided an official apology and reparations to Japanese-Americans and other people of Asian descent who were interned during World War II.

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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


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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