RATE Group | Hong Kong ATMs Have Run Out of Cash, Locals Say
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Hong Kong ATMs Have Run Out of Cash, Locals Say

Hong Kong ATMs Have Run Out of Cash, Locals Say

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Hong Kong Crisis

If you’ve perused the news any time over the past few months, you know there are raging protests in Hong Kong. A large portion of the region’s seven million inhabitants has been angry with moves made by the Hong Kong government and the mainland Chinese government, which include the introduction of an extradition bill that would enable China to extract individuals from the special region and freeze assets.

Although already bad for most of the summer months, the situation recently got worse when the Hong Kong government activated an emergency regulations ordinance (ERO) that allows it to “make any regulations whatsoever” that may be in the “public’s interest” if tasked with addressing “an occasion of emergency or public danger.” Measures that can be activated include the censorship of media, warrantless police raids, the seizing of assets, among other acts.

Due to this looming threat, citizens have panicked. Posts on the city’s Reddit-like forum,…

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