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☆ Millionaires are hoarding cash, betting on higher rates, CNBC survey says
▼ + stars: | 2023-06-07 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

Millionaire investors are adding to their mountains of cash, betting on higher interest rates and weak stock markets in 2023, according to the CNBC Millionaire Survey. Of the survey respondents, 28% said they have purchased more fixed income, as they expect interest rates to remain high. Millionaire investors are still betting inflation will persist for years, potentially keeping interest rates higher for longer. Three-quarters of millennial millionaires say inflation will come down to 2% within two years, with one in four saying it will hit the 2% target within a year. CNBC's Millionaire Survey was conducted online in April.

Persons: Elias Ghanem, George Walper, Walper Organizations: CNBC Millionaire Survey, Capgemini Research Institute, Financial Services, Spectrem, Millionaire Survey, CNBC, Millionaires, Millionaire, Valley Bank, First, Signature Bank, Federal Deposit Insurance Corporation

An announcement by the PGA Tour declared a partnership with the Saudi-backed LIV Golf, as well as the DP World Tour, unifying the trio under a new, yet-to-be-named, commercial entity. An eight-time winner on the PGA Tour and the 2020 US Open champion, DeChambeau’s move was a huge coup for LIV Golf. Yet many of the game’s biggest stars stayed put, with several becoming outspoken critics of LIV Golf. The latter purportedly turned down a $700 - $800 million offer to join the breakaway series, according to LIV Golf CEO Greg Norman. “I do feel bad for the PGA Tour players because they were told one thing and something else happened.

Persons: Bryson DeChambeau, “, LIV, DeChambeau, DeChambeau’s, LIV Golf, Rory McIlroy, Tiger Woods, Greg Norman, CNN’s Kaitlan Collins, ” DeChambeau, it’s, Suhaimi Abdullah, Saudi Arabia’s, LIV Golf’s, Mohammed bin Salman, Jamal Khashoggi, Bin Salman, Quizzed, Collins, “ I’m, I’m, ” Bryson, Brett Eagleson, Maddie Meyer, ” Organizations: CNN, PGA Tour, Saudi Arabia’s Public Investment Fund, PGA, “, LIV, Sentosa Golf Club, Saudi, Congress, United, America, Getty Locations: Saudi, Singapore, Saudi Arabia, Washington, al Qaeda

☆ Don't underestimate China's ability to build its own advanced chips despite U.S. curbs, tech analysts say
▼ + stars: | 2023-06-06 | by ( Sheila Chiang | ) www.cnbc.com time to read: +2 min

CHONGQING, CHINA - MAY 4, 2023 - Young technicians test the quality of electronic chips at a dust-free production workshop in Chongqing, China, May 4, 2023. CFOTO | Future Publishing | Getty ImagesIndustry analysts are optimistic that Chinese chip makers will develop their own advanced semiconductors despite Washington's attempts to cut the country off from accessing or manufacturing the technology. Washington also reportedly urged South Korea to not let its chip makers fill Micron's void in China. China is pouring more than 1 trillion Chinese yuan ($140 billion) into its chip industry, according to a Reuters report. Domestic chip makers already benefit from government subsidies and state-backed research projects.

Persons: Daniel Newman, Paul Scharre, Washington, Jensen Huang, Huang Organizations: Getty Images Industry, Futurum Group, CNBC, Nvidia, Huawei, Wall Street, New, Micron Technology Locations: CHONGQING, CHINA, Chongqing, China, New American, May, South Korea, Taipei

☆ Slump in global cashew demand pushes Ivory Coast industry to verge of collapse
▼ + stars: | 2023-06-05 | by ( Ange Aboa | ) www.reuters.com time to read: +3 min

Global demand for cashew nuts, eaten as snacks or used for cooking and desserts, has tumbled since the end of the coronavirus pandemic, driven by multiple factors, including consumer inflation and increased production. "No one wants to buy cashew, even if I ask for 150 CFA francs per kilogram ($0.24) instead of the farmgate price of 315 CFA francs. Dembele lost 20 million CFA francs ($33,000) during the 2022 season after buying nuts he could not resell to wholesale processors. Output rose from 400,000 tonnes in 2011 to 1 million tonnes in 2022, and is expected at the same level in 2023. In Bouake, the heart of the country's cashew processing industry, work has come to a near standstill as employers struggle to pay salaries.

Persons: Ange Aboa, Dembele, Ibrahim Coulibaly, Ivory Coast, Ganesh, Rajaraman, It's, Alessandra Prentice, Bate Felix, Ed Osmond Organizations: REUTERS, Ivory, Farmers, Global, CFA, Factories, Thomson Locations: Katiola, Ivory Coast, Korhogo, Bouake, Dakar

☆ Poland's opposition brings thousands onto streets to protest against nationalist government
▼ + stars: | 2023-06-05 | by ( ) edition.cnn.com time to read: +3 min

Crowds stretching for at least a mile marched with banners reading “Free, European Poland,” “European Union yes, PiS no,” referring to the governing Law and Justice (PiS) party. People march on the 34th anniversary of the first democratic elections in postwar Poland, in Warsaw on June 4, 2023. On Sunday, hundreds of buses arrived in Warsaw to bring opposition supporters from across the country. The opposition sees the legislation as a government attempt to launch a witch hunt against political opponents. “It’s beyond comprehension,” said Andrzej Majewski, 48, from Slupca in western Poland who was in Warsaw to join Sunday’s protest march

Persons: ”, Jaroslaw Kaczynski, I’ve, Jacek Gwozdz, Mateusz Morawiecki’s, Slawomir Kaminski, Agencja Wyborcza.pl, Donald Tusk, “, Tusk, I’m, Andrzej Duda, Andrzej Majewski Organizations: Justice, Police, Kremlin, European Union council, “, Solidarity, European Commission Locations: Warsaw, European Poland, “, Nowy Sacz, Ukraine, Europe, Poland, it’s, United States, Slupca

☆ Polish opposition supporters mark 1989 Solidarity win
▼ + stars: | 2023-06-04 | by ( ) www.reuters.com time to read: +4 min

[1/8] People carry Polish and European Union flags as they take part in a march on the 34th anniversary of the first democratic elections in postwar Poland, in Warsaw, Poland, June 4, 2023. Crowds stretching for at least a mile marched with banners reading "Free, European Poland", "European Union yes, PiS no", referring to the governing Law and Justice (PiS) party. Donald Tusk, head of the Civic Platform grouping and a former European Union council chief, welcomed supporters saying that the voice of Poles could not be silenced. On Sunday, hundreds of buses arrived in Warsaw to bring opposition supporters from across the country. The opposition sees the legislation as a government attempt to launch a witchhunt against political opponents.

Persons: Jaroslaw Kaczynski, I've, Jacek Gwozdz, Mateusz Morawiecki's, Donald Tusk, Tusk, I'm, Andrzej Duda, Andrzej Majewski, Marek Strzelecki, Nick Macfie, Susan Fenton, Angus MacSwan Organizations: REUTERS, Justice, Police, Law and Justice, Kremlin, European Union council, Solidarity, European Commission, Thomson Locations: Poland, Warsaw, WARSAW, Nowy Sacz, Ukraine, Europe, it's, United States, Slupca

☆ Polish opposition supporters, seeking change, mark 1989 Solidarity win
▼ + stars: | 2023-06-04 | by ( ) www.reuters.com time to read: +3 min

[1/2] People wait for a march organised by main opposition party the Civic Platform (PO) on the 34th anniversary of the first democratic elections in postwar Poland, in Warsaw, Poland, June 4, 2023. On Sunday, hundreds of buses were arriving in Warsaw to bring opposition supporters from across the country. Some said they were motivated by a row over legislation proposed by PiS to weed out undue Russian influence from the country. The opposition sees the legislation as a government attempt to launch a witchhunt against political opponents. "It's beyond comprehension," said Andrzej Majewski, 48, from Slupca in western Poland who was in Warsaw to join Sunday's protest march.

Persons: Mateusz Morawiecki, Donald Tusk, Tusk, Andrzej Duda, Andrzej Majewski, Marek Strzelecki, Nick Macfie, Susan Fenton Organizations: REUTERS, Law and Justice, Kremlin, European Union council, Solidarity, U.S . State Department, European Commission, Thomson Locations: Poland, Warsaw, WARSAW, Ukraine, Europe, Slupca

☆ Failed Republican candidate charged in shooting spree aimed at New Mexico Democrats
▼ + stars: | 2023-05-31 | by ( Kanishka Singh | Thomson Reuters | Kanishka Singh Is A Breaking News Reporter For Reuters In Washington Dc | ) www.reuters.com time to read: +2 min

May 31 (Reuters) - A failed Republican state candidate in New Mexico was charged by federal authorities on Wednesday for a shooting spree targeting the homes of four elected Democratic officials, the U.S. Justice Department said in a statement. Solomon Pena, 40, lost a state House of Representatives race last November. After his defeat, Pena organized the shootings on the homes of two Bernalillo County commissioners and two New Mexico state legislators, prosecutors said. If convicted, Pena faces a mandatory minimum of 60 years in prison, according to the Justice Department. Reporting by Kanishka Singh in Washington; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Solomon Pena, Pena, Kenneth, Tim Keller, Linda Lopez, David Clements, Clements, Kanishka Singh, Leslie Adler Organizations: Republican, Democratic, U.S . Justice Department, Justice Department, Albuquerque, Thomson Locations: New Mexico, Bernalillo, Washington

☆ Opinion | The New Climate Law Is Working. Clean Energy Investments Are Soaring.
▼ + stars: | 2023-05-30 | by ( Brian Deese | ) www.nytimes.com time to read: +4 min

The largest increase is projected to be in industrial and manufacturing activity for hydrogen, carbon capture, energy storage and critical minerals — areas key to long-term energy security. The law did not provide all the necessary tools to achieve national goals for expanding our supply of clean energy. First, lawmakers must make it easier to build clean energy infrastructure in America. The Federal Energy Regulatory Commission should more aggressively clear backlogs preventing clean energy projects from connecting to the grid. Policymakers should consider new incentives to expand energy capacity, like conditioning federal assistance to states and localities that reform land-use policies to allow clean energy development.

☆ Interim stop order for Humm's BNPL products revoked
▼ + stars: | 2023-05-28 | by ( ) www.reuters.com time to read: +1 min

May 29 (Reuters) - Australian fintech company Humm Group (HUM.AX) said on Monday an interim stop order issued by the country's corporate regulator restricting it from issuing buy-now-pay-later (BNPL) products to new customers had been revoked. The interim stop order issued last week against Humm's unit was related to the Australian Securities and Investments Commission's (ASIC) concerns regarding the target market determination for its BNPL products. Target market determination rules require issuers of BNPL products to consider whether a product aligns with the financial objectives, circumstances and needs of consumers. "Hummgroup has addressed ASIC's concerns regarding the target market determination for the humm Buy Now Pay Later product," the company said in statement. The company's BNPL product is again available to new customers following the revocation, it added.

For now, tech companies seem to view both trust and safety and AI ethics as cost centers. That included all but one member of the company's 17-person AI ethics team, according to Rumman Chowdhury, who served as director of Twitter's machine learning ethics, transparency and accountability team. Chowdhury referenced an initiative in July 2021, when Twitter's AI ethics team led what was billed as the industry's first-ever algorithmic bias bounty competition. Still, sources familiar with the matter said that following the layoffs, the company has fewer people working on misinformation issues. watch nowFor those who've gained expertise in AI ethics, trust and safety and related content moderation, the employment picture looks grim.

☆ Strikes, Delays and Lost Luggage: How to Survive Air Travel This Summer
▼ + stars: | 2023-05-25 | by ( Elaine Glusac | The New York Times | ) www.nytimes.com time to read: +27 min

Illustration by Yukai Du Strikes, Delays and Lost Luggage: How to Survive Air Travel This Summer With the travel season in full swing, we compiled a guide to help you navigate the year’s most hectic time in the skies. If you don’t care which beach, shop around.” If you haven’t booked summer flights, do it now. For one, avoiding the airports with the highest levels of delays and cancellations last summer may be a good idea. They’re also getting longer inside airport lounges, longtime havens from the masses clogging the terminals at peak times. Standard membership in Priority Pass, a network of 1,300 airport lounges, starts at $99 a year, with each visit costing $35 at that level.

Persons: Yukai Du, we’ve, haven’t, Hopper, What’s, ”, Laura Lindsay, Ted Rossman, Priceline, Mr, Rossman, Charlotte Douglas, Toronto Pearson, it’s, “, Carter Langston, Rhonda Lawson, C.B.P, you’ve, you’re, You’ll, Lawson, Emmanuel Macron, Tomasz Pawliszyn, Jamie Larounis, Larounis, they’re, SITA —, They’re, Eric Goldmann of Atlanta Organizations: Bureau of Labor Statistics, Google, Miami, JetBlue, Heathrow Airport, Amsterdam Schiphol, Gatwick, Air Canada, Labor, Newark Liberty International, La Guardia Airport, Kennedy Airport, Reagan, Miami International, Orlando International, Boston Logan International, Charlotte Douglas International, Toronto Pearson, Federal Aviation Administration, Washington , D.C, Customs, Western, Gulf, Phoenix, Transportation Security Administration, Global, Border Protection, Clear, PreCheck, Heathrow, Air, SNCF, U.S . State Department, Smart, Union, Travelers, New Tech, Airlines, Lufthansa, Siemens, Alaska Airlines, KLM, U.S . Bureau of Transportation Statistics, Apple, The Department of Transportation, American, Venture, Dallas Fort Worth International, JPMorgan Chase, Club, Chase Sapphire Reserve, Americas Locations: Europe, United States, Asia, San Francisco, Jacksonville, Fla, Miami, London, Amsterdam, U.S, La, New York, Washington, Charlotte, N.C, Newark, Orlando, Toronto, Sydney, Jakarta, Frankfurt, Munich, Heathrow, Washington ,, States, Denver, Seattle, Reno, Nev, Gulf Coast, Atlantic, Houston , New Orleans, Atlanta, Luton, T.S.A, ’, noncitizens, France, Britain, Italy, Germany, Berlin, Dutch, Swiss, Delta, United, Hong Kong, Dallas, Boston, North, Central, South America, Dallas , Newark

☆ How a creator built a Facebook group that has earned more than $220,000 from affiliate links this year
▼ + stars: | 2023-05-25 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +4 min

Deesh, who started the group in 2016, makes money using affiliate marketing. Couponing began as a hobby and money-saving passion for Keesh Deesh, who started a Facebook group in 2016 to share coupons and deals with friends. Once her friends began inviting their friends, and so on, Deesh's group "started to take off." When Deesh first started sharing affiliate links in her group, she was using Amazon's Affiliate Program. Facebook Groups as an unexpected social-shopping experienceWhile influencers often share content showcasing the highlights, Deesh said she tries to keep her Facebook Group relatable.

☆ Gold set for biggest weekly fall since Feb on U.S. debt deal hopes
▼ + stars: | 2023-05-19 | by ( ) www.cnbc.com time to read: +1 min

Gold prices ticked up on Friday but were on course for their biggest weekly drop in 3-1/2 months as hopes of a resolution in the U.S. debt ceiling negotiations and fading expectations of a rate cut by year-end took some shine off bullion. Spot gold was up 0.3% to $1,963.39 per ounce by 0418 GMT, but on track for a 2.4% weekly drop — its biggest since early February. U.S. gold futures rose 0.2% to $1,964.60. Spot silver rose 0.6% to $23.64 per ounce, but was set for a second weekly fall. Investors are increasing their bullish bets in platinum with strong auto sales also boding well for platinum group metals, ANZ said in a note.

☆ Charm gets $53 million to turn corn leftovers into oil and inject it into abandoned oil and gas wells
▼ + stars: | 2023-05-18 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +10 min

The 112,000 tons of carbon dioxide that Charm will remove is more than ten times the total quantity of carbon dioxide that has been removed so far with human techniques. "It's sort of a brilliant, but accidental, discovery," Reinhardt told CNBC. "It's a little it's a little odd or unusual, but uniquely American, in that we're basically pumping barbecue sauce into old oil and gas wells," Reinhardt told CNBC. There are about 2 million abandoned oil and gas wells in the U.S., and owner-operators are eager to find another use for them, Reinhardt told CNBC. We will run out of waste biomass long before we before we exhaust the subsurface capacity," Reinhardt told CNBC.

☆ Israel's national 'Flag March' in Jerusalem rattles Palestinians
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +3 min

The annual parade, which marks Israel's capture of Jerusalem in the 1967 war, has increasingly become a show of force for Jewish nationalists, and for Palestinians a blatant provocation meant to undermine their ties to the city. With another round of fighting between Israel and Gaza militants ending only last weekend, appetite for escalation appeared low. An Israeli police raid in the flashpoint site in April triggered rocket fire from groups in Gaza, Lebanon and Syria. Casting itself in recent years as a defender of Jerusalem's Palestinians and Muslim holy sites, Hamas urged Palestinians to bolster their presence at the compound ahead of Thursday and confront any Israeli encroachment. The Palestinians want the eastern section, annexed by Israel in a move not recognised abroad, as capital of their future state.

☆ Israel's 'Flag March' in Jerusalem rattles Palestinians
▼ + stars: | 2023-05-18 | by ( Rami Amichay | ) www.reuters.com time to read: +5 min

[1/13] Israelis sing and dance with flags by Damascus gate to Jerusalem's Old city as they mark Jerusalem Day, in Jerusalem May 18, 2023. The parade is the main celebration on Jerusalem Day, when Israel marks its capture of Jerusalem in the 1967 Middle East war. Many Palestinian shopkeers shuttered their businesses in the Old City, where march organisers hung Israeli flags along the narrow alleyways. Earlier on Thursday, hundreds of Jewish pilgrims, including members of parliament, toured the Al-Aqsa mosque compound in the Old City. Hamas has cast itself as a defender of Jerusalem's Palestinians and Muslim holy sites in recent years.

☆ BT jobs: Company will shed as many as 55,000 workers by 2030
▼ + stars: | 2023-05-18 | by ( Hanna Ziady | ) edition.cnn.com time to read: +1 min

London CNN —BT Group is planning to slash up to 55,000 jobs in the next five to seven years as it makes greater use of technology to cut costs and simplify its business. The UK telecom company said Thursday that its total workforce would fall to between 75,000 and 90,000 by 2028-2030, from 130,000 at present. “New BT Group will be a leaner business with a brighter future.”Earlier this week, Vodafone (VOD), once the world’s biggest mobile telecom group, said it would cut 11,000 jobs, or about 11% of its workforce, over three years. The company also unveiled a turnaround plan to revive its ailing fortunes under new CEO Margherita Della Valle. Its adjusted earnings rose 5% to £7.9 billion ($9.8 billion).

Musk revealed those plans on Tuesday at the company's annual meeting, an about-face for the celebrity executive who recently acquired social media platform Twitter. Musk told CNBC he did not yet have a "fully formed strategy" for Tesla advertising. Tesla spent $151,947 on advertising in the U.S. in 2022, according to advertising intelligence firm Vivvix, which measured ads across places including TV, social media, Web banners and billboards. Diaz-Ortiz is a former Twitter manager who has written books about the social media company. Thomas Martin, senior portfolio manager at Tesla shareholder Globalt Investments, sees Musk's embrace of advertising as a positive.

CNN —The leader of the Russian private military company Wagner, Yevgeny Prigozhin, claimed a US citizen died in the embattled Ukrainian city of Bakhmut, in a video posted on the Wagner Telegram group on Tuesday. A pro-Kremlin military blogger, Alexander Simonov, introduces the video saying “we are advancing to the advanced positions of the PMC Wagner in the western regions of Artyomovsk,” the Russian name for Bakhmut. The video is filmed at night with the sound of an apparent mortar attack. Mortar attacks from the western side.”Prigozhin is shown inspecting a body, and what he claims are US identification documents. CNN cannot verify the authenticity of the documents and cannot confirm the nationality of the body shown in the video.

☆ Vodacom reports 6.4% drop in full-year profit
▼ + stars: | 2023-05-15 | by ( ) www.reuters.com time to read: +1 min

JOHANNESBURG, May 15 (Reuters) - African telecoms major and South Africa's biggest mobile carrier Vodacom Group (VODJ.J) reported a 6.4% drop in full-year profit due to a local power crisis and other operational activities. Its headline earnings per share, a profit measure used in South Africa, came in at 948 South African cents for the year ended on March 31, down from 1,013 cents posted a year ago. The company, owned by Britain's Vodafone (VOD.L), has been investing to become a pan-African player, a leading financial services firm and strengthen its data offering in South Africa. But those efforts were dampened as South Africa, its biggest market in the region, has been struggling with rolling blackouts for up to 10 hours a day, forcing telecom firms to run their towers and network on diesel-run generators. ($1 = 18.3161 rand)Reporting by Promit Mukherjee; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

☆ Yellen, at G7, to underscore U.S. commitment to Ukraine for 'as long as it takes'
▼ + stars: | 2023-05-11 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

REUTERS/Issei KatoNIIGATA, Japan, May 11 (Reuters) - Treasury Secretary Janet Yellen on Thursday will underscore the United States' commitment to continue supporting Ukraine for as long as needed, while working with other rich nations to degrade Russia's ability to wage war against its neighbor. "I look forward to coordinating with other G7 members to support Ukraine and degrade Russia’s ability to wage war," she said in the remarks released by Treasury as the war approaches its 450th day. "Since Day One, our countries have stood united to support the Ukrainian people as they have mounted a fierce resistance," she said. Yellen also said caps on the price of Russian oil and oil products, discussed by G7 finance ministers for the first time just a year ago, were clearly working just a few months after its implementation in December and February, respectively. While the price cap coalition was moving to phase out all imports of Russian oil, officials were urging developing countries "to save on their oil costs by taking advantage of the price cap to negotiate steep bargains on Russian oil," she said.

☆ Australia's Allkem, Livent to merge into $10.6 bln lithium giant
▼ + stars: | 2023-05-10 | by ( Harish Sridharan | ) www.reuters.com time to read: +2 min

May 10 (Reuters) - Lithium producer Allkem Ltd (AKE.AX) has agreed to merge with U.S.-based Livent Corp (LTHM.N) to create one of the world's most valuable producers of the key raw materials used in electric-vehicle batteries. The all-stock deal will create a $10.6 billion entity, the fifth-largest in the world after Albemarle Corp (ALB.N), Sociedad Quimica y Minera de Chile S.A. (SQMA.SN), Ganfeng Lithium Group (002460.SZ) and Tianqi Lithium Corp (002466.SZ). ASX-listed Allkem produces lithium carbonate from its Sal de Vida facility in Argentina, which is near Livent's Hombre Mureto lithium project. Livent, based in Philadelphia, supplies lithium products to multiple U.S. automakers, including General Motors Co (GM.N), Tesla Inc (TSLA.O) and BMW (BMWG.DE). Under the deal, Allkem shareholders will get one share in the combined entity for each of their shares and the company will ultimately own 56% of the new firm.

☆ Chinese investment in Europe shifts to greenfield battery projects - report
▼ + stars: | 2023-05-08 | by ( Victoria Waldersee | ) www.reuters.com time to read: +2 min

BERLIN, May 9 (Reuters) - Chinese investment in Europe is shifting from mergers and acquisitions to greenfield projects mainly in battery production for electric vehicles, according to 2022 data analysed by independent research providers MERICS and Rhodium Group. Greenfield investment made up 57% of total foreign direct investment by China in Europe in 2022, overtaking mergers and acquisitions for the first time since 2008, according to the report released on Tuesday. "We are witnessing a major shift in how Chinese companies invest in Europe... Chinese firms have become major players in Europe's green transition," Agatha Kratz, director of the Rhodium Group, said in a statement. Setting up operations from scratch in Europe allows Chinese players to avoid tariffs and transport costs and shield themselves from political tension that could impede exports and imports, the report said. While screenings of Chinese investments in Europe have increased, the region still remains more open politically to China than the United States which has cracked down on Chinese battery imports via the Inflation Reduction Act, it added.

☆ Iran executes two people convicted of blasphemy
▼ + stars: | 2023-05-08 | by ( Mostafa Salem | ) edition.cnn.com time to read: +2 min

CNN —Iran hanged two people on Monday who had been sentenced to death for blasphemy, according to the judiciary news agency Mizan. Authorities convicted both after they were found to be members of a Telegram channel titled “Critique of Superstition and Religion,” according to the US Commission on International Religious Freedom. One member allegedly said that they set religious books on fire, the US Commission on International Religious Freedom claimed. The executions come days after the execution of a dual Swedish-Iranian national, Habib Chaab, who was convicted for leading a national Arab separatist group accused of attacks in Iran. The report found there was a “surge” of executions in Iran following the death of 22-year-old Mahsa Amini in police custody in September.

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