Tag: international

Posted in Finance

Power Solutions International Announces Second Quarter and First Half 2020 Financial Results

The novel coronavirus COVID-19 pandemic (“COVID-19 pandemic”) has resulted in the implementation of significant governmental measures to control the spread of the virus, including quarantines, travel restrictions, business shutdowns and restrictions on the movement of people in the United States and abroad, and the related recent historic decline in oil demand. The Company has experienced a significant overall reduction in demand for its products which is, in large part, attributable to the impact of the COVID-19 pandemic.  This reduction in demand has adversely impacted the Company’s financial results for the second quarter and first half of 2020.  Sales for the second quarter of 2020 were $93.1 million, … Read More

Posted in Insurance

These Countries Now Require International Health Insurance for Entry

Visiting a different country has always come with entry requirements—a visa, a return ticket, or a passport with six months of validity remaining. But since the COVID-19 pandemic, countries have enacted more stringent requirements: proof you purchased international healthcare coverage.

More tourist-frequented nations than ever are requiring proof of health insurance for entry, with the island nation of Aruba even requiring visitors buy a compulsory government policy, whether or not you already have your own separate coverage. This new requirement is largely because international healthcare coverage is wholly separate from your standard health insurance (and trip-cancellation insurance), and coverage abroad is rarely included in U.S.-based health policies. Officials are seeking to protect their healthcare systems from potential costs that mount and go unpaid when visitors who become COVID-19 patients don’t have coverage.

“What frequently happens is that domestic health insurance is simply not accepted by healthcare providers outside the U.S.,”

Read More
Posted in Finance

Why international students may have Big Tech to thank for the US’s visa reversal

Sometimes, it helps to have friends in high places.

A coalition of powerful U.S. technology companies and trade organizations threw their support behind a legal challenge — launched by Harvard University and the Massachusetts Institute of Technology — to block the federal government from banning international students from attending online only classes on U.S. soil in the midst of the coronavirus outbreak. And Big Tech’s involvement may have been a key factor behind the administration’s last minute about-face on Tuesday.

Revocation of the rule means that the U.S. Department of State may again issue visas to international students enrolled in U.S. schools for the fall semester. In addition, U.S. Customs and Border Protection no longer has authority to deny those students entry to, or continued residence in, the country.

Yet the Trump administration’s aborted effort was noteworthy for the big guns that joined forces to block the move. A coalition

Read More
Posted in Finance

Trump administration reverses new visa guidelines for international students

The Trump administration walked back a sudden policy change that would have potentially blocked hundreds of thousands of international student from remaining in or returning to the U.S. while pressuring universities to resume in-person classes in the fall amid the ongoing coronavirus pandemic.

Following a week-long fight by Harvard, the Massachusetts Institute of Technology, and more than a dozen state attorneys general, the government has agreed to “rescind” a policy that would have affected international students who are attending institutions that have opted to go completely remote over the fall.

“For the hundreds of thousands of international students across this country who enrich our institutions and strengthen our communities – we celebrate this victory with you,” Massachusetts Attorney General Maura Healey said in a statement. “This ICE rule was senseless and illegal the minute it came out, and the Trump Administration knew it didn’t have a chance. This is why

Read More
Posted in Insurance

Loss of international students could damage US economy, experts say, as Trump seeks visa restrictions

The world of higher education, already struggling to cope amid the COVID-19 pandemic, was rocked last week when the Trump administration issued a regulation that would prevent international students from entering the country in addition to compelling thousands already in the U.S. to leave if enrolled in schools that plan to teach exclusively online in the fall.

“These students and their families have invested so much hope and money — in some cases, their families’ life savings — to get an American education,” Kavita Daiya, an associate professor of English at George Washington University, told ABC News. “By being here, they bring so much talent and knowledge to our communities. To force them to leave is to betray the promise of opportunity and fairness that undergirds American higher education.”

It could also cost the U.S. tens of billions of dollars and thousands of jobs.

MORE: Harvard, MIT sue Trump administration

Read More
Posted in Money

Loss of international students could damage US economy, experts say

The world of higher education, already struggling to cope amid the COVID-19 pandemic, was rocked last week when the Trump administration issued a regulation that would prevent international students from entering the country in addition to compelling thousands already in the U.S. to leave if enrolled in schools that plan to teach exclusively online in the fall.

“These students and their families have invested so much hope and money — in some cases, their families’ life savings — to get an American education,” Kavita Daiya, an associate professor of English at George Washington University, told ABC News. “By being here, they bring so much talent and knowledge to our communities. To force them to leave is to betray the promise of opportunity and fairness that undergirds American higher education.”

It could also cost the U.S. tens of billions of dollars and thousands of jobs.

MORE: Harvard, MIT sue Trump administration

Read More
Posted in Personal

Urgent deadline approaches for international college students fighting to stay in U.S.

California's three public university systems are fighting federal immigration orders that could force international students at UCLA, above, and other campuses to leave the country. <span class="copyright">(Glenn Koenig/Los Angeles Times)</span>
California’s three public university systems are fighting federal immigration orders that could force international students at UCLA, above, and other campuses to leave the country. (Glenn Koenig/Los Angeles Times)

With an urgent deadline approaching Wednesday, the collective force of California’s three public systems of higher education, which educate nearly 3 million students, have joined the legal fight to stop federal immigration authorities from banning international students from the U.S. if they take only online courses this fall.

Two separate lawsuits by the University of California and state Atty. Gen. Xavier Becerra with California State University and California Community Colleges have put the nation’s premier public research university and the two largest public higher education systems behind the effort to stop the federal order.

U.S. Immigration and Customs Enforcement issued a July 6 directive that requires international students taking only online classes to leave the country and bans visas from being

Read More
Posted in Personal

Maryland international students grapple with new rule that could force them out of the U.S.

Shrey Aggarwal boarded a crowded flight June 23 to India. For weeks, he’d been exchanging emails with the Indian embassy in hopes of returning home to New Delhi for the summer, and he finally succeeded.

But now the University of Maryland student worries he won’t be able to return to College Park for his fall semester.

The physics undergraduate is among thousands of international students whose future plans were in jeopardy this week after U.S. Immigration and Customs Enforcement said they would not be able to remain in the country if they took online classes this fall.

As a result of the coronavirus pandemic, the federal agency had waived requirements dictating that international students could only take one online class per semester. But, on Monday, it reversed course.

The decision, which has since been challenged in federal court, has left international students attending Maryland universities scrambling to make sure their

Read More
Posted in Personal

America’s international students are facing deportation. This is a disaster

<span>Photograph: Charles Krupa/AP</span>
Photograph: Charles Krupa/AP

If you are an international student planning to study in the United States this fall and your classes are online, you might want to prepare yourself. Unlike students who are American citizens, you won’t get to resume your classes. You are looking at losing your legal status in the US. You are looking at getting deported.

On Monday, US Immigration and Customs Enforcement (Ice) issued new rules to all educational institutions in the country. The new rules mandate that international students on F-1 and M-1 visas who are currently in their home countries will be denied entry into the US if their universities go online in the fall semester – as Harvard University, for instance, plans to do. Students who are already inside the US whose universities go online will also lose their immigration status unless they can immediately secure admission at another program with in-person instruction.

Read More