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Four aid workers killed in Ethiopia's Tigray, sources say
  + stars: | 2020-12-02 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
NAIROBI/GENEVA (Reuters) - Four Ethiopian aid workers employed by two separate foreign organizations were killed in Tigray near the border with Eritrea last month during a war in the northern region, a humanitarian and a diplomatic source said on Wednesday. There was no immediate comment from Ethiopia’s government or the Tigray People’s Liberation Front (TPLF) who have been battling since Nov. 4. The aid organizations declined to comment because a communications blackout in Tigray meant relatives had not been reached nor the exact circumstances of their deaths verified. There were credible but unconfirmed reports that a fifth aid worker had also died in Tigray, another humanitarian source told Reuters in Europe. The conflict is believed to have killed thousands of people in Tigray, sent more than 45,000 refugees fleeing to Sudan, and forced several hundred foreign aid workers to leave the region for safety reasons.
Organizations: Reuters Locations: NAIROBI, GENEVA, Tigray, Eritrea, Europe, Sudan
2020 likely world's second hottest year, U.N. says
  + stars: | 2020-12-02 | by ( Emma Farge | ) www.reuters.com + 0.00   time to read: +3 min
GENEVA (Reuters) - This year is on track to be the second hottest on record, behind 2016, the World Meteorological Organization (WMO) said on Wednesday. Slideshow ( 2 images )Five data sets currently place 2020, a year characterised by heatwaves, droughts, wildfires and raging hurricanes, as the second warmest since records began in 1850. "2020 is very likely to be one of the three warmest years on record globally," the Geneva-based U.N. agency said in its State of the Global Climate in 2020 report. (Report: bit.ly/2KPSVTJ)Stoked by extreme heat, wildfires flared across Australia, Siberia and the United States this year, sending smoke plumes around the globe. “2020 has, unfortunately, been yet another extraordinary year for our climate,” said WMO Secretary-General Petteri Taalas, urging more efforts to curb the emissions.
Persons: Antonio Guterres, , ” Guterres, , Petteri Taalas, El Niño, Guterres Organizations: World Meteorological Organization, Columbia University, WMO Locations: GENEVA, Geneva, Australia, Siberia, United States, New York, Paris
Bentley hires jets to fly car parts to Britain during Brexit
  + stars: | 2020-12-02 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +2 min
FILE PHOTO: A Bentley logo is pictured on a Continental model car during the 88th Geneva International Motor Show in Geneva, Switzerland, March 6, 2018. “We used to run just-in-time with two days stock. Now we have 14 days stock. If Britain fails to secure a negotiated trade agreement with European policymakers, Bentley would be able to absorb 10% import tariffs by raising prices and cutting costs. “Overall we are in a position where we will do well over 10,000 sales this year,” he said via Webcast.
Persons: Denis Balibouse, Adrian Hallmark, ” Hallmark, Bentley, Hallmark, , Organizations: Bentley, Volkswagen, European Union, Geneva, REUTERS, Westminster, Union, Financial, Hallmark Locations: FRANKFURT, Britain, Geneva, Switzerland, Brussels, Europe, Manchester, breakeven, China, United States
Executive Director of the World Health Organization's (WHO) emergencies program Mike Ryan speaks at a news conference on the novel coronavirus (2019-nCoV) in Geneva, Switzerland. Approving a coronavirus vaccine is only the first step toward suppressing the pandemic as countries race to build distribution networks to deliver the doses to their populations, World Health Organization officials said on Wednesday. But developing and approving a vaccine is like arriving at base camp on Mount Everest, Dr. Mike Ryan, executive director of the WHO's health emergencies program, said during a livestreamed Q&A session from the agency's Geneva headquarters. We'd love a one-dose vaccine because all the vaccines so far are two doses." WHO is working alongside GAVI, the vaccine alliance, and the Coalition for Epidemic Preparedness Innovations, or CEPI, to manufacture and deliver 2 billion doses of vaccine by the end of next year.
Persons: Health Organization's, Mike Ryan, Mount Everest, WHO's Ryan, Ryan, Dr, Anthony Fauci, it's, Moncef Slaoui, Slaoui, GAVI, It's Organizations: Health, Health Organization, Pfizer, Moderna, Food and Drug Administration, AstraZeneca, Trump, Washington, WHO, Coalition for Locations: Geneva, Switzerland, U.S, Mount
Delegates gloomy as final fish talks open at WTO
  + stars: | 2020-12-01 | by ( Emma Farge | ) www.reuters.com + 0.00   time to read: +2 min
GENEVA (Reuters) - A final round of negotiations at the World Trade Organization on cutting fisheries subsidies opened on Tuesday with some delegates seeing little hope for a deal by a 2020 deadline despite intensifying negotiations. FILE PHOTO: A delegate arrives before a meeting at the World Trade Organization (WTO) in Geneva, Switzerland, October 28, 2020. Switzerland’s ambassador Didier Chambovey, who is facilitating talks, told members last week that positions on potential exemptions for developing countries were “entrenched”. However, the draft text issued in November seen by Reuters still showed 51 pairs of square brackets -- indicating areas of non-agreement. An ambitious deal could lead to a 12.5 percent increase in global fish biomass by 2050, the Pew Charitable Trust said, based on a model it has shared with WTO negotiators.
Persons: Denis Balibouse, , , Didier Chambovey, Santiago Wills, Prince Charles, Brazil’s Roberto Azevedo Organizations: World Trade Organization, REUTERS, Geneva, Reuters, Pew Charitable Trust, WTO, Washington Locations: GENEVA, Geneva, Switzerland, , India, China, EU, United States, South Korea, Japan
Ethiopia war may turn into guerrilla insurgency
  + stars: | 2020-12-01 | by ( Reuters Staff | ) www.reuters.com + 0.00   time to read: +4 min
Asked about ongoing fighting, TPLF head Debretsion Gebremichael said in a text: “Yes. Though outnumbered and expelled from their capital, the Tigrayans can exploit their mountainous terrain and long borders with Sudan and Eritrea. REFUGEESThe U.N. refugee agency appealed for access to 96,000 Eritrean refugees in Tigray, where food was thought to be running out. In a speech to parliament on Monday, Abiy urged the more than 45,000 Ethiopians who fled into Sudan to return. Refugees were saying that Ethiopian militia and soldiers were trying to impede them, he said.
Persons: Baz Ratner Fighting, Abiy, TPLF, Debretsion Gebremichael, Rashid Abdi, Babar Baloch, , Tigrayans Organizations: REUTERS, Federal, Reuters, . Government, United, Ethiopian Locations: ADDIS ABABA, NAIROBI, Tigray, Sudan, Ethiopia, Eritrea, Mekelle, United Nations, Horn, Africa, Geneva, Asmara
Ethiopia war may turn into guerrilla insurgency, experts say
  + stars: | 2020-12-01 | by ( Reuters Staff | ) www.reuters.com + 0.00   time to read: +5 min
Asked about ongoing fighting, TPLF head Debretsion Gebremichael said in a text: “Yes. Though outnumbered and expelled from their capital, the Tigrayans can exploit their mountainous terrain and long borders with Sudan and Eritrea. REFUGEESThe U.N. refugee agency appealed for access to 96,000 Eritrean refugees in Tigray, where food was thought to be running out. In a speech to parliament on Monday, Abiy urged the more than 45,000 Ethiopians who fled into Sudan to return. Refugees were saying that Ethiopian militia and soldiers were trying to impede them, he said.
Persons: Baz Ratner Fighting, Abiy, TPLF, Debretsion Gebremichael, Keria Ibrahim, Rashid Abdi, Babar Baloch, , Tigrayans Organizations: REUTERS, Federal, Reuters, of Federation, . Government, United, Ethiopian Locations: ADDIS ABABA, NAIROBI, Tigray, Sudan, Ethiopia, Eritrea, Mekelle, United Nations, Horn, Africa, Geneva, Tigrayan, Asmara
Facebook-backed digital coin Libra renamed Diem in quest for approval
  + stars: | 2020-12-01 | by ( Anna Irrera | Tom Wilson | ) www.reuters.com sentiment -0.99   time to read: +2 min
LONDON (Reuters) - Facebook-backed cryptocurrency Libra has been rebranded “Diem” in a renewed effort to gain regulatory approval by stressing the project’s independence. Tuesday’s name switch is part of a move to emphasise a simpler, revamped structure, Stuart Levey, CEO of the Geneva-based Diem Association behind the planned digital coin, said. Diem, which means “day” in Latin, now aims to initially launch a single dollar-backed digital coin, he added. Facebook, which changed the name here of its payments unit Calibra to Novi Financial in May, remains one of 27 members of the Diem Association, formerly the Libra Association. Diem aims to set itself apart from others by its focus on aspects of concern to regulators and western governments, including sanction controls and financial crime, Levey said.
Persons: Diem ”, Dado Ruvic, Stuart Levey, ” Levey, Diem, David Marcus, , , Levey, Facebook’s Organizations: REUTERS, Facebook, Diem Association, Reuters, Financial Times, Novi Financial, Libra Association Locations: Geneva, Swiss, Novi
Friends or foes? Syrian refugees divided on fate of defectors
  + stars: | 2020-12-01 | by ( Joseph Nasr | ) www.reuters.com + 0.00   time to read: +4 min
Many of the Syrians now in Germany are asking if the defectors are friends or foes. Defectors risked their lives to join the opposition and discredit the regime,” said Fawaz Tello, a veteran Syrian dissident. The pink, plastic-covered piece of paper has given more credence to testimonies he delivered in France and Germany against the Syrian government, he says. “No one has the right to tell victims they should not seek justice,” said Anwar al-Bunni of the European Centre for Constitutional and Human Rights (ECCHR) which is representing victims in the torture trial. He was an intelligence colonel in Assad’s security apparatus but defected in 2012 to Turkey, where he became active in the opposition Free Syrian Army.
Persons: Bashar al, , , Fawaz Tello, Mahmoud Alabdulah, Alabdulah, ” Alabdulah, , Anwar al, Assad, Anwar R, Tello, Anwar Organizations: Syrian army’s, Division, European Centre for Constitutional, Human, Free Syrian Army, Islamic Locations: GERA, Germany, Syrian, Syria, France, German, Gera, Damascus, Turkey, U.N, Geneva
Historic Liberia war crimes trial to open in Switzerland
  + stars: | 2020-12-01 | by ( Emma Farge | ) www.reuters.com + 0.00   time to read: +3 min
He is accused of war crimes listed as “recruitment and use of a child soldier, forced transportation, looting, cruel treatment of civilians, attempted murder, murder (directly or by order), desecration of a corpse and rape”. It is Switzerland’s first war crimes trial to be heard outside a military court. “This is historic for Switzerland and Liberia,” said Alain Werner, a Swiss lawyer at Geneva-based NGO Civitas Maxima which filed the complaint on behalf of victims. The NGO was researching war crimes with a Liberian partner when they discovered a rebel commander was living near Lake Geneva. Liberia’s former President Charles Taylor was sentenced in 2012 for war crimes in Sierra Leone, but was never convicted for Liberian acts.
Persons: Juda Ngwenya, Alieu Kosiah, , Alain Werner, Kosiah, Dimitri Gianoli, Charles Taylor, Hassan Bility, Elise Keppler Organizations: Free, REUTERS, Juda Ngwenya REUTERS, West, Liberian, Swiss, Federal, Reuters, Commission Locations: GENEVA, Liberian, Switzerland, Monrovia, Liberia, Swiss, Geneva, Lake Geneva, Bellinzona, Kosiah, Lofa, Sierra Leone, Europe
GENEVA (Reuters) - The United Nations refugee agency appealed on Tuesday to Ethiopian authorities for access to 96,000 Eritrean refugees in the northern Tigray region, where it said food is believed to have run out during the month-long conflict. Babar Baloch, spokesman of the U.N. High Commissioner for Refugees, told a Geneva news briefing: “Our extreme worry is that we hear about attacks, the fighting near the camps, we hear about abductions and forced removals, so this is very important for us to have that access to go and see what has happened over there.”
Persons: Babar Baloch, Organizations: United Nations, Ethiopian, Refugees Locations: GENEVA, Tigray, Geneva
FILE PHOTO: U. N. Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator (OCHA) Mark Lowcock attends a news conference for the launch of the "Global Humanitarian Overview 2019" at the United Nations in Geneva, Switzerland, Decemer 4, 2018. REUTERS/Denis BalibouseNEW YORK (Reuters) - The COVID-19 pandemic has fueled a 40% increase in the number of people needing humanitarian assistance around the globe, the United Nations said on Tuesday, as it appealed for roughly $35 billion to help many of those expected to be in need next year. “If everyone who will need humanitarian aid next year lived in one country, it would be the world’s fifth largest nation,” U.N. aid chief Mark Lowcock said. “The pandemic has wreaked carnage across the most fragile and vulnerable countries,” he added. He said this year donors gave a record $17 billion to fund humanitarian operations and data showed that aid reached 70% of the people targeted.
Persons: Mark Lowcock, Denis Balibouse, Lowcock Organizations: Humanitarian Affairs, Emergency, United Nations, REUTERS Locations: Geneva, Switzerland, Yemen, Afghanistan, Nigeria, South Sudan, Democratic Republic of, Congo, Burkina Faso,
Brazil prosecutors sue Trafigura over irregular Petrobras contracts: statement
  + stars: | 2020-11-30 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +2 min
The allegations center around 31 fuel oil purchase and sale transactions carried out between May 2012 and October 2013. The allegedly irregular trades between Trafigura and Petrobras involved the sale of 7.062 million barrels of fuel oil, the prosecutors said. They said they found evidence Trafigura secured those contracts by paying 6.86 million reais in bribes to former employees of Petrobras’ commercial area. As a result, Trafigura earned a profit of almost 200 million reais and caused losses to Petrobras, the prosecutors said. Six foreign companies that competed and benefited from the scheme are defendants in the suit, including Trafigura do Brasil Consultoria, Trafigura AG, Trafigura PTE, Trafigura Group PTE, Trafigura Beheer BV and Farringford Foundation, the prosecutors said.
Persons: Denis Balibouse, Trafigura Organizations: REUTERS, SAO PAULO, Reuters, Petroleo Brasileiro SA, Petrobras, Brasil, Trafigura AG, Trafigura PTE, Trafigura Group PTE, Trafigura, Farringford Foundation Locations: Geneva, Switzerland, Brazil, Trafigura
'Pandemic' chosen as Word of the Year
  + stars: | 2020-11-30 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +1 min
FILE PHOTO: Tedros Adhanom Ghebreyesus, director general of World Health Organization (WHO) speaks at the virtual 73rd World Health Assembly (WHA) following the coronavirus disease (COVID-19) outbreak in Geneva, Switzerland, May 18, 2020. Christopher Black/WHO/Handout via REUTERSNEW YORK (Reuters) - The 2020 prize for Merriam-Webster’s Word of the Year went to an obvious choice: pandemic. The term had the most online dictionary lookups of any word, Merriam-Webster said on its website, after a year in which at least 1.4 million people globally have died from the COVID-19 pandemic. “Sometimes a single word defines an era, and it’s fitting that in this exceptional - and exceptionally difficult - year, a single word came immediately to the fore,” the dictionary publisher said. Dictionary lookups skyrocketed on March 11 when the World Health Organization officially labeled COVID-19 a pandemic.
Persons: Ghebreyesus, Christopher Black, Webster, lookups, , Organizations: World Health Organization, WHO, Health Assembly, Handout, REUTERS NEW YORK, Merriam Locations: Geneva, Switzerland, Merriam
Paul McCartney Is Still Trying to Figure Out Love
  + stars: | 2020-11-30 | by ( David Marchese | ) www.nytimes.com + 0.00   time to read: +19 min
Photo illustration by Bráulio Amado Talk Paul McCartney Is Still Trying to Figure Out LovePaul McCartney, like the rest of us, this year found himself with an unexpected amount of time stuck indoors. I don’t think I’ve told it. McCartney recording his latest album, ‘‘McCartney III.’’ Mary McCartneyI have another bigger-picture question. Even though I write love songs, I don’t think I know what’s going on. There is something with my ability to write music that I don’t think I’m necessarily responsible for.
Persons: Bráulio Amado, Paul McCartney, “ McCartney, “ McCartney ”, , McCartney, ” McCartney, , I’m, “ Eleanor Rigby ”, John, David Hurn, you’re, Don’t, you’ve, That’s, Mary, it’s, McCartney III, John Lennon’s, Sean, Frank Campbell’s, Hi, “ John, Ivan Vaughan, Ivan, George, John Lennon, Philip Jones Griffiths, I’ve, George hitchhiked, “ I’ve, Ringo, Michael Ochs, David, It’s, Let’s, — I’ve, He’d, Speke, haven’t, Linda, “ Someone’s, John he’s, He’s, Lennon, ’ Linda McCartney, ” I’ve, Huddie Ledbetter, ” —, There’s, David Bailey, , Lil ”, Lil, ‘ ‘ McCartney, ’ ’ Mary McCartney, Nancy I’m, we’re, Rodrigo —, Nancy, “ We’ll, hasn’t, Jon Kopaloff Organizations: EMI Recording Studios, Beatles, Michael Ochs Archives, Salvation Army, Speke Hall, Getty Locations: New York, Liverpool, Paignton, Exeter, Paris, Los Angeles, Geneva, London, Spain
Swiss voters on Sunday rejected sweeping responsible business standards that would have held multinational companies liable for their conduct abroad, reports Swissinfo. The Responsible Business Initiative would have amended the constitution, adding penalties for Swiss-based companies committing human rights abuses abroad. Switzerland on Sunday reportedly rejected sweeping responsible business standards, which would have held multinational companies liable for their conduct abroad, despite a razor-thin majority of citizens voting in favor. The Responsible Business Initiative would have amended the constitution to increase penalties for Swiss-based companies committing environmental or human rights abuses elsewhere, according to reports from Agence France Presse and AP. About 50.7% of the population approved, while 49.3% rejected the measure, according to public voting data.
Persons: Peter Ungphakorn, Florian Wettstein, Ernst & Young Organizations: Sunday, Initiative, Swiss, Agence France Presse, AP, Swiss Broadcasting Corporation, World Trade Organization, Twitter, University of St, Agence France Press, Ernst & Locations: Swiss, Switzerland, Geneva, University of St Gallen
Pandemic hospital duty tests Swiss civil defense
  + stars: | 2020-11-28 | by ( Cecile Mantovani | ) www.reuters.com sentiment -0.87   time to read: +1 min
Slideshow ( 5 images )GENEVA (Reuters) - Sent by the government to support the hard-pressed Swiss healthcare system, members of the civil defense corps are on the frontline of the battle against COVID-19, helping out in emergency rooms and handling bodies. Civil defense workers are part of the Swiss system of compulsory national service for all able-bodied men. The medical marijuana specialist and his fellow civil protection colleagues are now helping Switzerland cope with the sick and dying. The civil defense service has set up teams of psychologists to help colleagues handle the emotional burden. “As soon as I finish, I’m going for a run to clear my mind because the days are quite hard.
Persons: , , Mehdi Ben Khaelifa, Cindy Becerra, Karim Melliti Organizations: COVID, Swiss, La Locations: GENEVA, Swiss, Geneva, Switzerland
WHO says would be "highly speculative" to say COVID did not emerge in China
  + stars: | 2020-11-27 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: 1 min
Mike Ryan, Executive Director of the World Health Organisation (WHO) attends a news conference on the Ebola outbreak in the Democratic Republic of Congo at the United Nations in Geneva, Switzerland May 3, 2019. REUTERS/Denis BalibouseGENEVA (Reuters) - The World Health Organization’s top emergency expert said on Friday it would be “highly speculative” for the WHO to say the coronavirus did not emerge in China, where it was first identified in December last year. Mike Ryan was speaking at a virtual briefing in Geneva after being asked if COVID-19 could have first emerged outside China. It was first identified in the central city of Wuhan. “You start your investigation where the first human cases emerged,” he said.
Persons: Mike Ryan, Denis Balibouse GENEVA, COVID, Organizations: World Health Organisation, WHO, Democratic, United Nations, REUTERS, Health Locations: Democratic Republic of Congo, Geneva, Switzerland, China, Wuhan,
WHO warns countries with falling COVID cases to stay alert
  + stars: | 2020-11-27 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
FILE PHOTO: WHO Technical lead head COVID-19 Maria Van Kerkhove attends a news conference organized by Geneva Association of United Nations Correspondents (ACANU) amid the COVID-19 outbreak, caused by the novel coronavirus, at the WHO headquarters in Geneva, Switzerland July 3, 2020. Fabrice Coffrini/Pool via REUTERSGENEVA (Reuters) - Even if countries see a fall in coronavirus cases, they need to stay vigilant, Maria Van Kerkhove, the World Health Organization’s technical lead for COVID-19, said on Friday. “What we don’t want to see is situations where you are moving from lockdown to bringing (the virus) under control to another lockdown,” she told a virtual briefing in Geneva. Nearly 61 million people have been reported to be infected by the coronavirus globally and 1.4 million have died, according to a Reuters tally. “We have seen dozens of countries show us that it can be brought under control and kept under control.”
Persons: Maria Van Kerkhove, Fabrice Coffrini, , Organizations: WHO, Geneva Association of United Nations, REUTERS GENEVA, Health, Reuters Locations: Geneva, Switzerland
GENEVA (Reuters) - Ten COVID-19 vaccines could be available by the middle of next year if they win regulatory approval, but their inventors need patent protection, the head of the global pharmaceutical industry group said on Friday. Syringes are seen in front of displayed Biontech and Pfizer logos in this illustration taken November 10, 2020. “We will hopefully by the next summer have probably 10 vaccines which have proven their value. Cueni said that IFPMA archives showed there had never been a compulsory license granted for a vaccine and pointed to the difficult technology and know-how. Nearly every member company had committed to “not-for-profit” or socially responsible pricing during the pandemic, he added.
Persons: Dado Ruvic, Thomas Cueni, Johnson, , Cueni, Organizations: Pfizer, REUTERS, BioNtech, Moderna, AstraZeneca, International Federation of Pharmaceutical Manufacturers, Johnson, Sanofi Pasteur, GSK, Merck, Pharma, , World Trade Organization, European Locations: GENEVA, Sanofi, Geneva, India, South Africa, United States, European Union, Switzerland
Refugees in Ethiopia's Tigray set to run out of food: U.N.
  + stars: | 2020-11-27 | by ( Emma Farge | ) www.reuters.com sentiment -1.00   time to read: +1 min
GENEVA (Reuters) - Nearly 100,000 Eritrean refugees in Ethiopia’s Tigray region will run out of food as early as next week if parties to the conflict do not allow humanitarian access, the U.N. refugee agency said on Friday. The UNHCR says 96,000 Eritrean refugees are living in four camps in Tigray, with some reported to have been in the vicinity of recent clashes. “What is needed is unhindered humanitarian access to reach them as soon as possible,” he added. Many of the Eritrean refugees in Ethiopia arrived more than a decade ago amid ongoing tensions between the two countries despite the end of a two-year border war between the neighbours. A final peace deal was only agreed in 2018 by Abiy, who won the Nobel peace prize for his achievement.
Persons: Abiy Ahmed, Babar Baloch, Abiy Organizations: Ethiopian, UNHCR, The United Nations Locations: GENEVA, Ethiopia’s Tigray, Tigray, UNHCR, Geneva, Sudan, Ethiopia
FILE PHOTO: A test tube labeled with the vaccine is seen in front of AstraZeneca logo in this illustration taken, September 9, 2020. REUTERS/Dado Ruvic//File PhotoThe hackers posed as recruiters on networking site LinkedIn and WhatsApp to approach AstraZeneca staff with fake job offers, the sources said. The North Korean mission to the United Nations in Geneva did not respond to a request for comment. AstraZeneca, which has emerged as one of the top three COVID-19 vaccine developers, declined to comment. Microsoft said this month it had seen two North Korean hacking groups target vaccine developers in multiple countries, including by “sending messages with fabricated job descriptions.” Microsoft did not name any of the targeted organisations.
Persons: Dado Ruvic Organizations: AstraZeneca, REUTERS, LinkedIn, United Nations, Microsoft, Reuters, World Health, Sony Pictures, Central Bank of Bangladesh Locations: British, Geneva, Pyongyang, North Korea, Korean, Iran, China, Russia, Tehran, Beijing, Moscow, Korea, Washington
FILE PHOTO: 3D-printed Facebook logo is seen placed on a keyboard in this illustration taken March 25, 2020. REUTERS/Dado RuvicLONDON (Reuters) - Facebook’s Libra cryptocurrency is readying to launch as early as January, the Financial Times reported on Friday, citing three unidentified people involved in the project. The Geneva-based Libra Association that will issue and govern Libra plans to launch a single digital coin backed by the dollar, the FT said, citing one of the people. Yet under the body’s new plan, other coins backed by traditional currencies, as well as the composite, would be introduced at a later date, the FT said. The Libra Association did not immediately reply to a request for comment.
Persons: Libra, FINMA Organizations: REUTERS, Financial Times, Libra Association, Facebook Inc, Facebook, Libra Locations: Geneva, slimmed, Swiss
Facebook's cryptocurrency Libra could launch as soon as January in an even further slimmed-down version, the Financial Times reported. The 27-member Libra Association initially planned for Libra to be backed by a wide mix of several currencies and government debt. Facebook plans to launch its long-awaited digital currency Libra as soon as January, the Financial Times reported on Friday. The Libra Association, an independent group organized by Facebook, would oversee the Libra token, which is starkly different from popular cryptocurrency Bitcoin. The Libra Association has 27 members, including Novi, a Facebook-owned wallet app that will enable users to move Libra securely.
Persons: Libra, Read, Di, Alibaba Organizations: Financial Times, Libra Association, Deutsche Bank, Swiss Financial Market, Authority, Facebook Locations: Europe, Novi, Geneva
At just 28 years old, Emmanuel Tarpin is one of high-end jewelry's rising stars. It was 6 p.m., and jewelry designer Emmanuel Tarpin was in his apartment, winding down his day. Emmanuel Tarpin. A post shared by Emmanuel Tarpin (@emmanuel_tarpin) Jul 24, 2020 at 9:21am PDTSo in 2017, he launched his eponymous jewelry line and flew to New York City. That design — Tarpin's first pair of earrings — sold that year at Christie's for $25,000, with the auction house describing him in its post lot text as "a promising young jewelry designer."
Persons: Emmanuel Tarpin, Tarpin, — he's, I've, Christie's, , He's, It's, Rihanna, Jay, Chateau Marmont, Alexandre Vauthier, Birkin, Kate Beioley, Violet, he's, shied Organizations: Rising Star, Fashion Group, Business, d'Arts, badgalriri, Financial Times Locations: Paris, Geneva, Switzerland, New York City, New York, Christie's, Annecy, France, Paraiba, Beyoncé
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