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BOGOTA (Reuters) - The government of Colombia and the National Liberation Army (ELN) guerrillas have not yet agreed to extend their bilateral ceasefire for another six months, the rebel group said on Monday. The government of President Gustavo Petro restarted peace talks with the ELN in 2022 as part of a policy of 'total peace', to end Colombia's six-decade conflict, which has left more than 450,000 dead. An initial six-month ceasefire expired last week and was extended for five days, a measure that will end on Monday night. "Measures are being taken to resolve factors of crisis factors and add new elements of commitment to be fulfilled by both parties, with the purpose of agreeing on an extension of another six months of this temporary and national bilateral ceasefire," the ELN delegation said in a statement. The statement was released ahead of the close of a sixth cycle of talks between the rebel group and the government in Cuba's capital, Havana.
Persons: Gustavo Petro, Oliver Griffin, Franklin Paul Organizations: National Liberation Army Locations: BOGOTA, Colombia, Cuba's, Havana
(Reuters) - At least 19 people were killed by forest fires in the coastal tourist city of Vina del Mar and the death toll could rise in the coming hours as rescue teams reach more affected areas, Interior Minister Carolina Toha said on Saturday. Throughout the country there were 92 active fires, leaving more than 43,000 hectares affected by the incident, Interior Minister Toha said. "The area with fires today is much smaller than last year (but) at this time the number of hectares affected is multiplying very rapidly," Toha said. Toha said that the authorities' greatest concern was that some of the active fires were developing very close to urban areas "with the very high potential to affect people, homes and facilities". (Reporting by Diego Ore; Additional reporting by Natalia Ramos y Jorge Vega; Editing by Drazen Jorgic and Franklin Paul)
Persons: Carolina Toha, Toha, Diego Ore, Natalia Ramos, Jorge Vega, Drazen Jorgic, Franklin Paul Organizations: Reuters, Vina del Mar Locations: Vina, Valparaiso, Chile
By Nia Williams(Reuters) - Six people were killed after a small plane carrying Rio Tinto workers crashed near Fort Smith in Canada's remote Northwest Territories (NWT), the NWT Coroner Service said on Wednesday. Four passengers and two North Western Air Lease crew members died in the crash, Chief Coroner Garth Eggenberger said in a statement, adding the plane had been travelling from Fort Smith en route to the Diavik Diamond Mine. There was one survivor who was treated at the Fort Smith Health Centre before being taken to hospital in the provincial capital Yellowknife. Rio Tinto Chief Executive Jakob Stausholm said in a statement on Tuesday night that the company was devastated by the crash. (Reporting by Nia Williams in British Columbia, Editing by Franklin Paul and Chizu Nomiyama)
Persons: Nia Williams, Garth Eggenberger, Jakob Stausholm, Franklin Paul, Chizu Organizations: Reuters, Tinto, Northwest Territories, NWT, Service, Western Air Lease, Fort Smith Health, Yellowknife . Rio Tinto Chief Locations: Fort Smith, Northwest, Yellowknife . Rio, British Columbia
President Joe Biden and other senior U.S. officials have warned repeatedly that Israel must act to stop violence by Israeli settlers against Palestinians in the West Bank, which has increased since the Oct. 7 Hamas attack on Israel. “We have underscored to the Israeli government the need to do more to hold accountable extremist settlers who have committed violent attacks against Palestinians in the West Bank,” Blinken said. Any Israeli with an existing U.S. visa who was targeted would be notified that their visa was revoked, Miller said. Since a 1967 Middle East war, Israel has occupied the West Bank, which Palestinians want as the core of an independent state. A senior State Department official said last week the U.S. wants Israel to prosecute individuals responsible for the West Bank violence but had yet to see such a step.
Persons: Antony Blinken, Blinken, Joe Biden, , ” Blinken, Washington, Matthew Miller, Miller, Simon Lewis, Daphne Psaledakis, Humeyra Pamuk, Rami Ayyub, Doina Chiacu, Franklin Paul, David Gregorio Our Organizations: U.S . State Department, West Bank, State Department, Palestinian Authority, Thomson Locations: Israel, Gaza, Washington
White House Says Israel to Allow Aid Trucks Into Gaza
  + stars: | 2023-12-01 | by ( Dec. | At P.M. | ) www.usnews.com   time to read: +1 min
WASHINGTON (Reuters) - The White House said on Friday it believed Israel will allow humanitarian aid trucks to enter Gaza after a lull due to resumed fighting between Israel and Hamas militants, but the number of deliveries will likely be reduced. White House national security spokesperson John Kirby, citing reports from Israel, said Israel had agreed to resume letting truck deliveries through at the urging of the United States. But he said truck deliveries would likely be reduced to dozens a day rather than the hundreds of trucks that were getting into Gaza daily during a week-long pause in fighting that ended on Thursday. Kirby said Gaza needs much more aid, but that the decision to resume aid deliveries, after stringent inspections, "looks like a good sign going forward." U.S. officials are pushing for a resumption of a pause in fighting in order to extract more hostages held in Gaza by Hamas.
Persons: John Kirby, Israel, Kirby, Steve Holland, Susan Heavey, Doina Chiacu, Franklin Paul, Leslie Adler Organizations: WASHINGTON, Hamas, White House Locations: Israel, Gaza, United States
[1/3] U.S. President Joe Biden meets with Mexican President Andres Manuel Lopez Obrador on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, California, U.S. November 17, 2023. The announcement published Tuesday said President Andres Manuel Lopez Obrador sought permission for 11 U.S. military personnel to take part in a program called "Strengthening the Capacities of the Special Forces of the Defense Ministry." Lopez Obrador has vigorously defended the principle of Mexican sovereignty, passing measures to restrict the ability of U.S. counter-narcotics agents to operate in Mexico. The U.S. troops are expected to arrive in Mexico with their own weapons, ammunition and equipment, the Senate letter added. For his part, Lopez Obrador has been critical of U.S. anti-narcotics officials operating on Mexican territory, accusing U.S. Drug Enforcement Administration (DEA) agents of trampling on Mexican sovereignty.
Persons: Joe Biden, Andres Manuel Lopez Obrador, Kevin Lamarque, Lopez Obrador, Lopez Obrador's, Dave Graham, Drazen Jorgic, Franklin Paul, Deepa Babington Organizations: Economic Cooperation, REUTERS, MEXICO CITY, Mexican Senate, U.S, Special Forces of, Defense Ministry, Special Forces Group, Mexico's Defense Ministry, United States, Drug Enforcement Administration, Thomson Locations: Asia, San Francisco , California, U.S, MEXICO, Mexican, Mexico, United States, Mexico City, Jan, Iraq, Afghanistan
A "new evaluation project" will also review FDIC reform efforts since a 2020 investigation found its handling of sexual harassment complaints was deficient, according to Caitlin Savino, spokesperson for the FDIC Office of Inspector General. Previously, FDIC officials said the agency had satisfied recommendations from that investigation. Gruenberg has expressed personal alarm at the accounts and vowed to address the matter as a top agency priority. Republican lawmakers on the House Financial Services Committee have announced the start of a "rigorous" congressional probe into the matter. Reporting by Douglas Gillison; editing by Franklin Paul, Jonathan Oatis and David GregorioOur Standards: The Thomson Reuters Trust Principles.
Persons: Sheila Bair, Jason Reed, Caitlin Savino, Martin Gruenberg, Gruenberg, Douglas Gillison, Franklin Paul, Jonathan Oatis, David Gregorio Our Organizations: Federal Deposit Insurance Corp, REUTERS, Companies United, U.S . Federal Deposit Insurance Corp, Republican, Financial Services, Thomson Locations: Washington, Companies United States, America
SummaryCompanies European Investment Bank poll of 30,000 people globally60% of EU citizens back paying compensationU.S. support at 63%, China at 74%, Japan at 72%SINGAPORE, Nov 27 (Reuters) - Citizens in Europe, the United States, China and Japan believe their countries should compensate poorer nations to help address the impact of climate change, a European Investment Bank poll of more than 30,000 people shared with Reuters showed. The fifth annual climate survey conducted by the bank revealed a broad global consensus to fund the fight against climate change, even if it means higher taxes and the elimination of fossil fuel subsidies. "The latest EIB Climate Survey underlines people's profound awareness of climate change and their commitment to tackle it head on," said EIB Vice-President Ambroise Fayolle. [1/2]Children are seen during climate march prior to the opening session of the COP23 UN Climate Change Conference 2017 in Bonn, Germany, November 6, 2017. Respondents from around the world ranked climate change as one of the world's three biggest challenges, along with the rising cost of living and income equality.
Persons: Ambroise Fayolle, Fayolle, Wolfgang Rattay, Simon Jessop, Franklin Paul Organizations: European Investment Bank, Reuters, REUTERS, European Union, United, Franklin Paul Our, Thomson Locations: China, Japan, SINGAPORE, Europe, United States, Bonn, Germany, Dubai, COP28, India
Michael Regan, the administrator of the EPA, speaks onstage with Daniel Yergin, the vice chairman of S&P Global, during the CERAWeek energy conference in Houston, Texas, U.S., March 9, 2023. The Community Change Grants are the single largest investment in environmental justice that has been made by an administration, and a key measure to achieve the administration's goal of ensuring that 40% of federal clean energy investment benefits flow to disadvantaged communities. The Biden administration's spending on climate and environmental justice measures has been under scrutiny by Republican lawmakers seeking to undercut the president's climate agenda. "This historic, unprecedented funding has the promise to turn disadvantaged and overburdened areas into healthy, resilient, and thriving communities for current and future generations,” EPA Administrator Michael Regan said. The EPA will review applications on a rolling basis and encouraged applicants to apply as early as possible.
Persons: Michael Regan, Daniel Yergin, Callaghan O'Hare, Valerie Volcovici, Franklin Paul Organizations: P Global, REUTERS, Rights, Biden, Republican, EPA, Virgin, Franklin Paul Our, Thomson Locations: Houston , Texas, U.S, Alaska, Puerto Rico, Virgin Islands, Guam, Mexico
Nov 20 (Reuters) - Nissan Motor (7201.T) will hike top wages for workers at U.S. manufacturing plants by 10% in January after the United Auto Workers union reached new contracts with the Detroit Three automakers, a company spokesperson said on Monday. The Japanese automaker said the wage hike takes effect Jan. 8 for production technicians, maintenance, and tool & die technicians. Nissan said it is also eliminating wage tiers for U.S. production workers. Nissan said the pay hikes reflect its commitment to its employees in the United States "and enhancing our competitiveness." The UAW for decades has unsuccessfully sought to organize auto factories operated by foreign automakers.
Persons: Shawn Fain, Joe Biden, David Shepardson, Franklin Paul, Grant McCool Organizations: Nissan, United Auto Workers, Detroit Three, Workers, Hyundai Motor, Toyota, Honda, UAW, Tesla, General Motors, Ford Motor, Thomson Locations: U.S, United States, Washington
U.S. President Joe Biden and first lady Jill Biden leave the White House to board Marine One in Washington on November 11, 2023. Acquire Licensing RightsWASHINGTON, Nov 19 (Reuters) - U.S. President Joe Biden and first lady Jill Biden will join military personnel and their families on Sunday for an early Thanksgiving meal dubbed "Friendsgiving." The event will take place at Naval Station Norfolk in Norfolk, Virginia. While in Norfolk, the Bidens will kick off an advance screening with service members and their families of “Wonka,” a new musical fantasy film focusing on a young Willy Wonka. Then, they will participate in a Friendsgiving dinner with service members and military families associated with the Dwight D. Eisenhower and the Gerald R. Ford aircraft carriers.
Persons: Joe Biden, Jill Biden, Amanda Andrade, Rhoades, “ Wonka, Willy Wonka, Dwight D, Eisenhower, Gerald R, Robert, Steve Holland, Franklin Paul Organizations: House, REUTERS, Rights, Naval, Ford, Forces Initiative, United Service Organizations, Robert Irvine Foundation, Franklin Paul Our, Thomson Locations: Washington, Norfolk, Norfolk , Virginia, Nantucket, Israel
The board of OpenAI, the company behind hit product ChatGPT, on Friday pushed out its high-profile CEO Altman, sending shock waves across the tech industry. These discussions, and options regarding our path forward, are ongoing this morning," Lightcap wrote in the memo. "We can say definitively that the board’s decision was not made in response to malfeasance or anything related to our financial, business, safety, or security/privacy practices," he wrote. "This was a breakdown in communication between Sam and the board." Reporting by Anna Tong in San Francisco; editing by Kenneth Li and Franklin PaulOur Standards: The Thomson Reuters Trust Principles.
Persons: Sam Altman's, Sam, Brad Lightcap, Altman, Mira Murati, Greg Brockman, Brockman, Szymon Sidor, Lightcap, Anna Tong, Kenneth Li, Franklin Paul Organizations: Microsoft, Reuters, Franklin Paul Our, Thomson Locations: San Francisco
[1/2] Argentine presidential candidate Javier Milei arrives at the Teatro Colon opera house with his girlfriend, Fatima Florez, ahead of the November 19 runoff elections, in Buenos Aires, Argentina November 17, 2023. REUTERS/Ramiro Souto Acquire Licensing RightsNov 18 (Reuters) - Argentine presidential candidate Javier Milei stole the spotlight on Friday evening when his presence at Argentina's most prestigious opera house sparked a rowdy shouting match just before a polarizing election concludes on Sunday. The insults provoked cheers in Milei's defense, with video of the incident sweeping across social media. The theater's director, Jorge Telerman, wrote on X, formerly Twitter, that he condemned the "expressions of intolerance" directed at Milei. The presidential hopeful winked at the opera house brouhaha on X.
Persons: Javier Milei, Fatima Florez, Ramiro Souto, Madame Butterfly, Sergio Massa, Milei, Milei's, Jorge Telerman, brouhaha, Butterfly, Brendan O'Boyle, Franklin Paul Organizations: Argentine, Teatro Colon, REUTERS, Teatro, Sunday, Franklin Paul Our, Thomson Locations: Buenos Aires, Argentina, Milei
LVIV, Ukraine, Nov 19 (Reuters) - President Volodymyr Zelenskiy has sanctioned 37 Russian groups and 108 people including a former prime minister and a former education minister and said he aimed to fight wartime abductions of children from Ukraine and other "Russian terror". Zelenskiy did not associate specific individuals or groups with particular wrongdoings. The decrees showed a range of 10-year penalties against individuals and five-year penalties against non-profit groups including one named in English as the "Russian Children's Foundation." Some of the newly-sanctioned people, which included many with Russian citizenship, had previously been punished with separate or similar penalties. The sanctioned Russian groups included several whose names or websites indicate they work with children.
Persons: Volodymyr Zelenskiy, Zelenskiy, Dmytro Tabachnyk, Mykola Azarov, Viktor Yanukovich, Azarov, Sergei Aksyonov, Leonid Pasechnik, Putin, Kvartal Lui, Maria Lvova, Vladimir Putin, Sofia Lvova, Alexander Lukashenko, Zelenskiy's, Elaine Monaghan, Franklin Paul Organizations: Russian Children's Foundation, Russian, Kyiv, Criminal, Lvova, Yale University, State Department, National Security, Defence Council, Franklin Paul Our, Thomson Locations: LVIV, Ukraine, Russia, Kyiv, Russian, Crimea, Luhansk, Ukrainian, The Hague, Belarus, Putin, Washington
By Maria Starkova and Elaine MonaghanLVIV, Ukraine (Reuters) - President Volodymyr Zelenskiy has sanctioned 37 Russian groups and 108 people including a former prime minister and a former education minister and said he aimed to fight wartime abductions of children from Ukraine and other "Russian terror". Zelenskiy did not associate specific individuals or groups with particular wrongdoings. The decrees showed a range of 10-year penalties against individuals and five-year penalties against non-profit groups including one named in English as the "Russian Children's Foundation." Some of the newly-sanctioned people, which included many with Russian citizenship, had previously been punished with separate or similar penalties. The sanctioned Russian groups included several whose names or websites indicate they work with children.
Persons: Maria Starkova, Elaine Monaghan, Volodymyr Zelenskiy, Zelenskiy, Dmytro Tabachnyk, Mykola Azarov, Viktor Yanukovich, Azarov, Sergei Aksyonov, Leonid Pasechnik, Putin, Kvartal Lui, Maria Lvova, Vladimir Putin, Sofia Lvova, Alexander Lukashenko, Zelenskiy's, Franklin Paul Organizations: Reuters, Russian Children's Foundation, Russian, Kyiv, Criminal, Lvova, Yale University, State Department, National Security, Defence Council Locations: Elaine Monaghan LVIV, Ukraine, Russia, Kyiv, Russian, Crimea, Luhansk, Ukrainian, The Hague, Belarus, Putin, Washington
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLOS ANGELES, Nov 17 (Reuters) - Three music publishers are asking a federal court judge to issue a preliminary injunction that would prevent artificial intelligence company Anthropic from reproducing or distributing their copyrighted song lyrics. The three publishers filed a suit against Anthropic on Oct. 18, which accused the San Francisco company of "systematic and widespread" infringement of their copyrighted song lyrics. The publishers allege Anthropic "profits richly" from its infringement of their repertoires of copyrighted works, achieving a valuation of $5 billion while paying "nothing" to publishers or their songwriters. "Anthropic must not be allowed to flout copyright law," the publishers said in a court document supporting its request for a preliminary injunction. "If the court waits until this litigation ends to address what is already clear -- that Anthropic is improperly using publishers' copyrighted works -- then the damage will be done."
Persons: Dado Ruvic, ” Anthropic, Anthropic, Claude, Don McLean's, Buddy Holly, Dawn Chmielewski, Mary Milliken, Franklin Paul Organizations: REUTERS, Universal, Concord Music, ABKCO, Reuters, Anthropic, San, Franklin Paul Our, Thomson Locations: San Francisco, Los Angeles
REUTERS/Alyssa Pointer/File Photo Acquire Licensing RightsNEW YORK, Nov 14 (Reuters) - A New York trial judge has narrowed Warner Bros Discovery's lawsuit against Paramount Global (PARA.O) over the rights to stream "South Park," the animated comedy featuring foul-mouthed children. She also dismissed a claim that Paramount failed to act in good faith, because that claim duplicated Warner's breach of contract claim. Warner sued in February, saying Paramount breached the agreement by providing only 14 new episodes, and diverted other new "South Park" content to its Paramount+ streaming service under a $900 million agreement with Parker and Stone. "South Park" was launched in August 1997 on Comedy Central, owned by Paramount. The case is WarnerMedia Direct LLC v Paramount Global et al, New York State Supreme Court, New York County, No.
Persons: Alyssa Pointer, Margaret Chan, Trey Parker, Matt Stone, HBO Max, Warner, Parker, Stone, countersued Warner, Jonathan Stempel, Franklin Paul Organizations: Warner Bros . Discovery Atlanta, REUTERS, Warner Bros, Paramount Global, Paramount, HBO, Comedy Central, New York, Court, Franklin Paul Our, Thomson Locations: Atlanta , Georgia, U.S, York, Manhattan, New, Court , New York County, New York
WASHINGTON, Nov 14 (Reuters) - The United States would like to see an evacuation of patients at Gaza hospitals to get them out of harm's way and will support an independent third party to conduct those evacuations, U.S. State Department spokesperson Matthew Miller said on Tuesday. "We want there to be safe evacuation for patients in hospitals so they can get out of harm's way. We would support an independent third party, a respected third party to conduct those evacuations," Miller said. The question is will Hamas allow patients to be evacuated from hospitals or will they continue to use them as human shields?," Miller added. Israeli forces have surrounded Gaza City's Al Shifa hospital, which they say sits atop an underground headquarters of Hamas militants.
Persons: Matthew Miller, Miller, Washington, Israel, Al Shifa, Gaza's, Simon Lewis, Humeyra Pamuk, Franklin Paul, Bill Berkrot Organizations: . State Department, Thomson Locations: United States, Gaza, U.S, Israel
He added the U.S. was in conversations with humanitarian organizations and third parties on the possible evacuation. "We want there to be safe evacuation for patients in hospitals so they can get out of harm's way. We would support an independent third party, a respected third party to conduct those evacuations," Miller said. The question is will Hamas allow patients to be evacuated from hospitals or will they continue to use them as human shields?," Miller added. Israeli forces have surrounded Gaza City's Al Shifa hospital, which they say sits atop an underground headquarters of Hamas militants.
Persons: Simon Lewis, Humeyra Pamuk, Matthew Miller, Miller, Washington, Israel, Al Shifa, Gaza's, Franklin Paul, Bill Berkrot Organizations: . State Department Locations: Humeyra Pamuk WASHINGTON, United States, Gaza, U.S, Israel
However, the Air Force has kept other price information classified, "which makes validating the proposed cost difficult," the Congressional Research Service said in a 2021 report. The Air Force plans to buy at least 100 of the planes and begin to replace B-1 and B-2 bombers. Ann Stefanek, an Air Force spokesperson said, "The B-21 Raider is in flight testing. Flight testing is a critical step in the test campaign managed by the Air Force Test Center and 412th Test Wings B-21 Combined Test Force." In early 2022, the Air Force further delayed it until 2023.
Persons: David Swanson, Ann Stefanek, Lockheed Martin, Northrop, Mike Stone, Valerie Insinna, Franklin Paul Organizations: United States Air, Northrop, Air Force, REUTERS, U.S, Air Force's, Northrop Grumman, Congressional Research Service, Pentagon, Air Force Test Center, Force, Boeing, Lockheed, Pratt, Whitney, Collins Aerospace, GKN Aerospace, BAE Systems, Franklin Paul Our, Thomson Locations: Palmdale , California, U.S, Washington
Some economists contend the rise in continuing claims reflects difficulties adjusting the data for seasonal fluctuations. That would be consistent with the latest hiring data showing the job market is cooling. A separate report showed that there were 1.5 job openings for every unemployed person in September, down from around 2-to-1 when the job market was the most tight last year. The claims data adds to the case for the U.S. Federal Reserve to keep interest rates on hold for now, economists said. Vanden Houten, however, said she expects job market conditions to soften slowly, and now expects the first Fed rate cut to happen in September rather than May as she had previously forecast.
Persons: Brian Snyder, Nancy Vanden Houten, Dan Burns, Paul Simao, Franklin Paul Organizations: Taylor Party, Equipment Rentals, REUTERS, Labor Department, Reuters, U.S . Federal Reserve, Oxford Economics, Fed, CME Group's, Franklin Paul Our, Thomson Locations: Somerville , Massachusetts, U.S, Vanden Houten
National Transportation Safety Board Chair Jennifer Homendy testifies during a Senate Commerce, Science and Transportation Committee hearing titled "Improving Rail Safety in Response to the East Palestine Derailment" in Washington, U.S., March 22, 2023. REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsNov 8 (Reuters) - National Transportation Safety Board chair Jennifer Homendy will tell a U.S. Senate subcommittee that an increase in near miss aviation incidents is a "clear warning sign that the U.S. Aviation system is sharply strained." Homendy, who will testify at a Senate Commerce aviation subcommittee hearing along side the Federal Aviation Administration and aviation unions, will tell senators the aviation system has a lack of redundancy around technology to prevent runway incursions and wrong surface landings. "We cannot ignore or avoid the warning signs of strain from all these recent events," Homendy will say. Reporting by David Shepardson, Editing by Franklin PaulOur Standards: The Thomson Reuters Trust Principles.
Persons: Jennifer Homendy, Evelyn Hockstein, Homendy, David Shepardson, Franklin Paul Organizations: Transportation, Commerce, Science, REUTERS, Transportation Safety, U.S, Senate, U.S . Aviation, Senate Commerce, Federal Aviation Administration, Franklin Paul Our, Thomson Locations: East Palestine, Washington , U.S
Chrysler Brand CEO Christine Feuell speaks during Reuters Events Automotive USA 2023 in Detroit, Michigan U.S., November 8, 2023. REUTERS/Rebecca Cook Acquire Licensing RightsDETROIT, Nov 8 (Reuters) - The next new model from Stellantis' (STLAM.MI) Chrysler brand will be a two-row electric crossover in 2025, Chrysler CEO Christine Feuell said Wednesday. The brand also is considering the introduction of a new sedan, as its long-running Chrysler 300 is being phased out of production. Speaking at the Reuters Events Automotive USA 2023 conference in Detroit, Feuell said the design of the new crossover is inspired by the Chrysler Airflow concept unveiled at the 2022 Consumer Electronics Show. Feuell said Chrysler is still considering the size of a new sedan.
Persons: Christine Feuell, Rebecca Cook, Feuell, Paul Lienert, Franklin Paul, Matthew Lewis Organizations: Chrysler Brand, Automotive, Detroit , Michigan U.S, REUTERS, Rights DETROIT, Chrysler, Reuters, Pacifica, Thomson Locations: Detroit , Michigan, Detroit
REUTERS/Ann Saphir/File Photo Acquire Licensing RightsNov 7 (Reuters) - Dallas Federal Reserve Bank President Lorie Logan on Tuesday said she supported leaving the Fed's policy rate on hold last week to assess if financial conditions are sufficiently tight to bring down inflation, while pointing to recent signs the fight was not yet won. "We're going to continue to need to see tight financial conditions in order to bring inflation to 2% in a timely and sustainable way," Logan said. "I'm going to be looking at the data and I'm going to be looking at financial conditions as we get closer to the following meeting." That view was one main reason the Fed opted to keep the policy rate in its current 5.25%-5.50% range last week. "We have seen some retracement in that 10-year yield and financial conditions, and so I'll be watching to see whether that continues and what that means for the implications of policy," Logan said on Tuesday.
Persons: Lorie Logan, Ann Saphir, Logan, Franklin Paul, Andrea Ricci Organizations: Reserve Bank, Dallas, National Association for Business Economics, REUTERS, Dallas Federal Reserve Bank, Fed, Thomson Locations: Dallas , Texas, U.S
Italy judge seizes 780 mln euros from Airbnb in tax probe
  + stars: | 2023-11-06 | by ( ) www.reuters.com   time to read: +1 min
[1/2] A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. REUTERS/Gabrielle Lurie/File Photo Acquire Licensing RightsROME, Nov 6 (Reuters) - An Italian judge has ordered the seizure of 779.5 million euros ($836.40 million) from short-term rentals platform Airbnb's Ireland unit for alleged tax evasion, Milan prosecutors' office said on Monday. The probe concerns Airbnb's (ABNB.O) alleged failure to withold 21% of landlords' rental income and pay it to Italian tax authorities, as required by a 2017 law, prosecutors in the northern Italian city said in a statement. Airbnb's Italian press office did not immediately reply to a request for comment. Prime Minister Giorgia Meloni's administration is meanwhile planning a crackdown on tax cheating on short-term rentals, and wants to raise taxes from 21% to 26% for owners of multiple short-term rental properties.
Persons: Gabrielle Lurie, Milan, Giorgia, Emilio Parodi, Alvise, Chris Reese, Franklin Paul, Tomasz Janowski Organizations: REUTERS, Rights, EU, Justice, Thomson Locations: SOMA, San Francisco , California, U.S, Italian
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