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US nearly triples list of countries whose citizens must post bonds up to $15,000 to apply for visas

WASHINGTON (AP) — The Trump administration is nearly tripling the number of countries whose passport holders will be required to post bonds of up to $15,000 to apply to enter the United States.

Less than a week after adding seven countries to the list of nations subject to visa bonds, bringing the total to 13, the State Department on Tuesday added 25 more. The bond requirement for the latest additions will take effect Jan. 21, according to a notice posted on the travel.state.gov website.

The move means that 38 countries, most of them in Africa but some in Latin America and Asia, are now on the list, which makes the process of obtaining a U.S. visa unaffordable for many.

It’s the latest effort by the Trump administration to tighten requirements for entry to the U.S., including requiring citizens from all countries that require visas to sit for in-person interviews and disclose years of social media histories as well as detailed accounts of their and their families’ previous travel and living arrangements.

U.S. officials have defended the bonds, which can range from $5,000 up to $15,000, maintaining they are effective in ensuring that citizens of targeted countries do not overstay their visas.

Payment of the bond does not guarantee a visa will be granted, but the amount will be refunded if the visa is denied or when a visa holder demonstrates they have complied with the terms of visa.

The new countries covered by the visa bond requirement as of Jan. 21 are Algeria, Angola, Antigua and Barbuda, Bangladesh, Benin, Burundi, Cape Verde, Cuba, Djibouti, Dominica, Fiji, Gabon, Ivory Coast, Kyrgyzstan, Nepal, Nigeria, Senegal, Tajikistan, Togo, Tonga, Tuvalu, Uganda, Vanuatu, Venezuela and Zimbabwe.

They join Bhutan, Botswana, the Central African Republic, the Gambia, Guinea, Guinea-Bissau, Malawi, Mauritania, Namibia, Sao Tome and Principe, Tanzania, Turkmenistan and Zambia on the list.

Wall Street drifts to a mixed finish after Micron soars and Apple drops

NEW YORK (AP) — The U.S. stock market meandered to a mixed finish Thursday after several artificial-intelligence stocks veered back up their roller-coaster ride, while Apple dropped after hiking prices on many of its products. The S&P 500 finished nearly unchanged with a dip of less than 0.1% after swinging between gains and losses throughout the day. The Dow Jones Industrial Average added 71 points, or 0.1%, and the Nasdaq composite fell 0.5%. Micron Technology helped lead the market after jumping 15.7%. The maker of computer memory reported much bigger profit and revenue for the latest quarter than analysts expected, and it gave a stronger growth forecast for the current quarter than Wall Street expected. That helped allay worries a bit that its stock had grown too expensive after coming into the day with a surge of 267% so far this year. Micron and AI stocks broadly have been under pressure recently because of worries that their profits can’t possibly keep pace with the tremendous rallies for their stock prices. But beyond Micron, Qualcomm said late Wednesday that the acceleration of the AI era is forcing it to upgrade forecasts for its own growth in upcoming years. They’re the latest signals of the deluge of dollars heading into AI data centers and other investments.
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