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☆ UK opposition Labour announces sweeping economic reforms in promise to 'rebuild Britain'
▼ + stars: | 2023-10-09 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

LIVERPOOL, England — Britain's main opposition Labour party on Monday vowed to "rebuild Britain" if it wins the 2024 General Election, as Shadow Finance Minister Rachel Reeves announced a host of new economic pledges aimed at stimulating growth. The lifeblood of a growing economy is business investment," Reeves said, further cementing the party's recalibration in recent years as a centrist, pro-business alternative to the ruling Conservatives. Truss and then-Chancellor Kwasi Kwarteng opted not to seek an independent appraisal from the OBR, breaking with traditional norms of economic policy. Labour holds around a 20-point lead over the Conservatives across most major polling, with the ruling party damaged by a string of scandals and the fallout from Sunak's predecessor Liz Truss's "mini-budget." In order to catalyze and de-risk business investment, Labour would create a new national wealth fund, Reeves also announced.

Persons: Rachel Reeves, Jeremy Hunt, Reeves, Liz Truss, Kwasi Kwarteng, Rishi Sunak, Liz Truss's Organizations: Labour, Shadow, Conservative Party Locations: LIVERPOOL, England, Britain, Liverpool, France, Germany, America

☆ Britain's Keir Starmer plots painstaking path to power
▼ + stars: | 2023-10-05 | by ( Elizabeth Piper | ) www.reuters.com time to read: +10 min

[1/2] British Labour Party leader Keir Starmer speaks during Prime Minister's Questions, at the House of Commons in London, Britain, May 24, 2023. Hours later, those from the opposition Labour party were summoned by senior members in charge of discipline and ordered to delete the posts and apologise. Welcome to Keir Starmer's Labour Party. "Thanks to Keir Starmer's leadership, voters see a changed Labour Party that is ready to change the country with a mission-driven government," a Labour spokesperson said when asked to comment for this story. 'CORBYN WITHOUT THE MADNESS'Named after the founder of the Labour Party, Keir Hardie, Starmer was brought up in a staunchly left-wing household.

Persons: Keir Starmer, Jessica Taylor, Handout, Gene Simmons, Simmons, Islam, Keir Starmer's, Jeremy Corbyn, we've, Starmer, Tony Blair, Rishi Sunak, Keir Hardie, Charlie Falconer, Claire Ainsley, Olaf Scholz, Australia's Anthony Albanese, Ainsley, Falconer, COVID, Keir, Mark Stephens, Blair, Starmer's, Andrew Cooper, David Cameron, Cooper, David Clarke Organizations: British Labour Party, REUTERS, Labour, Reuters, Keir Starmer's Labour Party, Conservatives, Conservative, Labour Party, Policy Institute, Labor Party, Public Prosecutions, Critics, Board, Police Service, Northern, Human, OF, DPP, of Human, Reigate Grammar, Thomson Locations: London, Britain, Australia, Germany, U.S, Caribbean, Uganda, Reigate

The government last week revisited a 40% tax on banks' net interest margin (NIM) that it had introduced in a shock move in August. Lenders now have the option to boost reserves by an amount equivalent to 2.5 times the tax. Economy Minister Giancarlo Giorgetti said on Sept. 27 the final outcome of the process would be "a great bank policy measure" that makes Italy's banks the strongest in Europe. The law requires banks that forego the tax to set aside money under ad hoc reserves in their accounts. If forced to boost capital through the ad hoc reserves, banks can use larger buybacks over time to compensate shareholders, one of the sources said.

Persons: Giancarlo Giorgetti, Remo Casilli, Banks, Luigi Lovaglio, Andrea Orcel, Giorgia Meloni, Giorgetti, Bernadette Baum Organizations: REUTERS, Treasury, Economy, European Central Bank, Monte, Thomson Locations: Rome, Italy, ROME, Europe, Monte dei, Siena

☆ NZ central bank holds rates, signals higher hurdle to further hikes; kiwi tumbles
▼ + stars: | 2023-10-04 | by ( Lucy Craymer | ) www.reuters.com time to read: +3 min

View of an entrance to the Reserve Bank of New Zealand in Wellington, New Zealand November 10, 2022. “Interest rates are constraining economic activity and reducing inflationary pressure as required,” the central bank said in a statement. The past RBNZ rate hikes have sharply slowed New Zealand’s economy but recent data showed it was tracking above central bank expectations at 0.9% quarterly growth. The central bank releases a comprehensive update of economic indicators and the forecast official cash rate track when it publishes its quarterly Monetary Policy Statement (MPS), which is due on Nov. 29. “The Bank appears content to wait for restrictive policy settings to fully feed through to the real economy,” analysts at Capital Economics in a note.

Persons: Lucy Craymer, ”, Kelly Eckhold, “ Organizations: WELLINGTON, Reuters, Reserve Bank of New, REUTERS, Bank of New Zealand, New Zealand, Westpac NZ, U.S . Federal Reserve, Capital Economics Locations: Reserve Bank of New Zealand, Wellington , New Zealand, Global, New Zealand

☆ Britain’s Sunak issues rallying cry for a party that is already planning life without him
▼ + stars: | 2023-10-04 | by ( Luke Mcgee | ) edition.cnn.com time to read: +11 min

While the party establishment loathes Farage, Conservative members greeted him with open arms and requests for selfies after he arrived on Monday afternoon. The Conservative Party has always been a broad church, with competing factions jostling for supremacy. But Conservative Party members are rather different to the general public. Supporters applaud as Britain's Prime Minister Rishi Sunak speaks during the Conservative Party annual conference on Wednesday. Bookmakers' odds on the next UK general election are displayed outside the Manchester venue for the Conservative Party Conference on October 4, 2023.

Persons: Rishi Sunak, Boris Johnson, Liz Truss, –, steadying, ” Sunak, Sunak, Nigel Farage, loathes Farage, Hannah McKay, Kemi Badenoch, don’t “, Justin Tallis, Jeremy Hunt, Jon Super, Brexit, Johnson, didn’t, “ He’s, ”, Braverman, Grant Shapps, Suella Braverman, James, Stefan Rousseau, Christopher Furlong, Rishi Organizations: England CNN — British, Conservative Party, Conservative, CNN, Conservatives, Euroskeptic, Independence Party, European Union, selfies, Britain's UK Independence Party, PM, Labour Party, European, Human, Labour, British, Getty, Conservative Party Conference Locations: Manchester, England, “, North, Midlands, London, Sunak

☆ UK PM Rishi Sunak's leadership on rocky ground as party rebellion mounts
▼ + stars: | 2023-10-04 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

Britain's Prime Minister Rishi Sunak listens to a speaker address delegates at the annual Conservative Party Conference in Manchester, northern England, on October 2, 2023. (Members) should not blindly support a Conservative Party that no longer represents our values (and is) headed for electoral disaster. Independence Party (UKIP), was also in attendance and later said that a wing of the Conservative Party is "very much coming in [his] direction." "Two-thirds [of voters] think it's time for a change, and that's the real struggle that the Conservative Party has to turn around." Medical workers marched outside of the Conservative Party Conference in Manchester, England in a dispute with the government over pay.

Persons: Rishi Sunak, Oli Scarff, Sunak, Tory psychodramas, Liz Truss, —, Truss, Ronald Reagan, faithfuls, Priti Patel, Peter Cruddas, Patel, Boris Johnson —, Lord Peter Cruddas, I've, Lord Cruddas, Johnson, Nigel Farage, Farage, Gideon Skinner Organizations: Britain's, Conservative Party Conference, Afp, Getty Images, Conservative, Labour Party, Conservative Growth Group, Conservatives, Conservative Party, Conservative Democratic, Conservative Democratic Organisation —, Independence Party, UKIP, News Agents, Tories, Labour, CNBC Locations: Manchester, England, Getty Images MANCHESTER, ENGLAND

☆ Britain’s PM seeks to rally his party ahead of an election they are tipped to lose
▼ + stars: | 2023-10-01 | by ( Luke Mcgee | ) edition.cnn.com time to read: +7 min

London CNN —Rishi Sunak will gather with members of his governing Conservative Party on Sunday for what is likely to be their final party conference before the UK’s next general, which Sunak is currently projected to lose. Party conference season is an important date fixture in the annual British political calendar. For the governing party, conference is typically a time when members rally around the leadership and unite against the opposition, insulated from whatever is happening in the wider world of politics. Boris Johnson and Rishi Sunak led the UK government through much of the Covid pandemic. Prime Minister Rishi Sunak speaking in June on his plan to "stop the boats."

Persons: Rishi Sunak, Sunak, Boris Johnson, Dan Kitwood, Priti Patel, Margaret Thatcher, Johnson, Rishi, Reuters Johnson, He’s, ”, Yui Mok, “, Will Jennings, it’s, Brexit, Jeremy Corbyn Organizations: London CNN, Conservative Party, Conservatives, Labour Party, for Fiscal Studies, Party, Conservatives ’, British, Conservative, Daily Mail, Greenpeace, Reuters, University of Southampton, Labour Locations: tacking, Sunak, France, “, Manchester

☆ Italy plans 21-billion euro asset sell-off to keep debt in check
▼ + stars: | 2023-09-30 | by ( Giuseppe Fonte | ) www.reuters.com time to read: +2 min

ROME, Sept 30 (Reuters) - Italy aims to raise at least 1% of gross domestic product (GDP), or roughly 21 billion euros ($22.2 billion), through asset sales between 2024 and 2026, the Treasury said in its Economic and Financial Document (DEF) published on Saturday. The plan is part of Prime Minister Giorgia Meloni's efforts to keep in check the euro zone's second-largest debt pile as a proportion of GDP, while investors keep a close eye on Rome's creaking public finances. The new targets factor in the proceeds of asset disposals expected in the next three years, the DEF said, showing that without the sell-off plans the debt burden would probably rise. Economy Minister Giancarlo Giorgetti said in the document that the stake sales would involve companies that are subject to privatisation commitments already agreed with the European Commission. This is a reference to bank Monte dei Paschi di Siena (MPS) (BMPS.MI), which was bailed-out in 2017 at a cost of 5.4 billion euros for taxpayers.

Persons: Giorgia, Giancarlo Giorgetti, Giorgetti, Giuseppe Conte, Giuseppe Fonte, Helen Popper Our Organizations: Treasury, Economy, European Commission, Monte, Thomson Locations: Italy, Siena

☆ Larger Italian banks still seen paying one-off tax despite opt-out offer
▼ + stars: | 2023-09-25 | by ( Valentina Za | ) www.reuters.com time to read: +2 min

The government sparked a market rout last month with the surprise announcement of a 40% tax on the profits banks are reaping from rising interest rates. The option would benefit banks that hold a higher proportion of Italian government bonds among their assets relative to loans. Banca Akros and broker Equita also expect most banks to pay the tax. Equita also said paying the levy would allow lenders to maintain more flexibility over their remuneration policy. Switching the tax basis to risk-weighted assets helps banks which have a lower 'risk density', meaning the average risk weight per unit of exposure.

Persons: Jennifer Lorenzini, Equita, Akros, Siena, Valentina Za, Kirsten Donovan Organizations: REUTERS, Generale, Banca Akros, ICCREA, Bank, Banca Generali, Thomson Locations: Monte dei, Siena, Italy, Italy's

☆ Italy has no buyers for Monte dei Paschi, eyes small share sales instead of exit, sources say
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

General view of a branch of Monte dei Paschi di Siena (MPS), the oldest bank in the world, which is facing massive layoffs as part of a planned business merger, in Siena, Italy, August 11 2021. Reuters was first in May to report the Treasury was open to selling down its Monte dei Paschi (MPS) stake on the market if conditions were right. Though the Treasury is considering cutting its stake with share placements, it would retain majority ownership, one of the sources said. Bankers said the capital raise has made any deal more expensive for any buyer, complicating the prospect for a merger. Reporting by Giuseppe Fonte in Roma and Valentina Za in Milan; editing by Alvise ArmelliniOur Standards: The Thomson Reuters Trust Principles.

Persons: Jennifer Lorenzini, Rome, Luigi Lovaglio, Lovaglio, Giuseppe Fonte, Valentina Za, Alvise Organizations: REUTERS, European, Reuters, Treasury, EU, MPS, Banco, Bankers, Thomson Locations: Monte dei, Siena, Italy, Roma, Milan

☆ Italy poised to shake up Treasury with new unit for state-run firms
▼ + stars: | 2023-09-14 | by ( Giuseppe Fonte | ) www.reuters.com time to read: +2 min

The audit court on Thursday approved the decree needed to set up the unit, the sources said, despite making critical observations about some aspects of it. Giorgetti has approached former banker Marcello Sala, currently director for investor relations at the Treasury, to lead the department, they added. Under the reorganisation plan, the influential Treasury department within the ministry led by veteran economist Riccardo Barbieri would be split into two units. The Treasury will continue to supervise public debt management, macroeconomic policies, European and international relations as well as financial regulation. ($1 = 0.9323 euros)Additional reporting by Valentina Za in Milan Editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Sala, Giancarlo Giorgetti, Giorgetti, Marcello Sala, Antonino Turicchi, Dario Scannapieco, Riccardo Barbieri, Valentina Za, Christina Fincher Organizations: Treasury, Economy, ITA Airways, Department, Thomson Locations: ROME, Italy, Siena, Milan

☆ Sarah Everard: London Met police pay "substantial damages" and apolgize to women held at vigil
▼ + stars: | 2023-09-14 | by ( Sharon Braithwaite | ) edition.cnn.com time to read: +4 min

CNN —Two women who were arrested while attending a Sarah Everard vigil in London in 2021 have been paid damages and received an apology from the Metropolitan Police. A lawyer’s statement on Thursday confirmed that the London police force had apologized and agreed to pay “substantial” damages to the women, Patsy Stevenson and Dania Al-Obeid. “Together with making payments of substantial damages to Dania Al-Obeid and Patsy Stevenson, the MPS has issued an apology,” the statement by law firm Bindmans LLP reads. Police detain Patsy Stevenson at the 2021 vigil on London's Clapham Common. Hannah McKay/Reuters‘Tiring and difficult’ processIn a statement published by Bindmans LLP, Patsy Stevenson said the process had been a “tiring and difficult” one.

Persons: Sarah Everard, Patsy Stevenson, Dania, Everard, Stevenson, Bindmans, ‘, ”, Patsy, Hannah McKay, it’s, ” Stevenson, “ I’m, Obeid, Dylan Martinez, “, ” “ Organizations: CNN, Metropolitan Police, London police, Met, MPS, Metropolitan Police Service, Reuters, Bindmans LLP, Met Police Locations: London, Clapham Common, Clapham

☆ Zimbabwe: Outrage as Mnangagwa appoints son second-in-command over treasury after disputed polls
▼ + stars: | 2023-09-13 | by ( Nimi Princewill | ) edition.cnn.com time to read: +3 min

CNN —Zimbabwe’s recently re-elected President Emmerson Mnangagwa is facing outrage after appointing his son as deputy minister to the country’s finance ministry. Mnangagwa’s 34-year-old son, David, was among 26 officials sworn in as cabinet ministers Tuesday despite public anger when the list of the nominees was made public on Monday. In his expanded cabinet, Mnangagwa’s son is to deputize finance minister Mthuli Ncube while his nephew, Tongai, would serve as deputy minister in the country’s tourism ministry. Some Zimbabweans have accused Mnangagwa of running the impoverished southern African country as “a family business.”“Slowly Zimbabwe is becoming a family business. The opposition CCC party, which placed second in last month’s disputed polls, also criticized the ministerial list which included a couple, Christopher and Monica Mutsvangwa, both associates of President Mnangagwa, as ministers.

Persons: CNN — Zimbabwe’s, Emmerson Mnangagwa, David, Mnangagwa’s, Mthuli Ncube, Tongai, ”, Mugano, “ It’s, Ncube, ” Mugano, David Mnangagwa, Nick Mangwana, “, ” Mangwana, Christopher, Monica Mutsvangwa, Mnangagwa Organizations: CNN, University of Zimbabwe, Business Administration, Drake University, CCC Locations: Zimbabwe, Harare, doldrums, United States

☆ Britain’s Rishi Sunak has a month to shake his party from its slumber. If he fails, the next election could already be over
▼ + stars: | 2023-09-09 | by ( Luke Mcgee | ) edition.cnn.com time to read: +9 min

London CNN —Rishi Sunak has just under a month to answer the most critical question he faces as British Prime Minister: why does his Conservative Party deserve another five years in power at the next election? They trail the opposition Labour Party in the polls and there is a distinct stench of a party nearing the end of its time in office lingering in the air. UK Prime Minister Rishi Sunak gives an update on the progress made since he introduced the Illegal Migration Bill, under his plans to "stop the boats," on June 5, 2023 in Dover, England. Unfortunately for the prime minister, his own MPs are divided on even that question. As the UK’s finance minister, Sunak won praise for the financial support he offered people who could not work during lockdowns.

Persons: Rishi Sunak, Sunak, Yui Mok, Ben Stansall, ”, Labour Party’s Keir Starmer, Starmer, “, Chris J Ratcliffe, Covid, Rob Ford, ” Ford Organizations: London CNN, Conservative Party, Conservative, Labour Party, Police, Bibby, Getty, Labour, Commons, Conservatives, CNN, That’s, University of Manchester Locations: Manchester, England, United Kingdom, Dover , England, Britain’s, Birmingham, Bibby Stockholm, AFP, London

The Metropolitan Police said Friday they were searching Richmond Park in southwest London, near where the delivery van Daniel Khalife used to escape Wandsworth prison was spotted on Thursday. Khalife orchestrated a bold jail break from Wandsworth prison on Wednesday morning while dressed as a chef. Richmond Park, the largest of London’s Royal Parks, is designated National Nature Reserve and stretches for 2,500 acres. The Met Police said Friday it was looking into the possibility that someone inside Wandsworth prison helped Khalife escape. By then, Khalife was gone and all that remained of his escape was the strapping officers discovered under the van.

Persons: strapping, van Daniel Khalife, Khalife, Daniel Khalife, ”, Mark Rowley, ” Rowley, Alex Chalk, Chalk Organizations: London CNN — Police, Metropolitan Police, UK’s, Media, Met Police, Nature Reserve, LBC, Police, The Metropolitan Police, strapping, British Locations: London, Richmond, Wandsworth, Richmond Park, Royal Parks, Putney, Britain

☆ Daniel Abed Khalife: UK government insists escaped terror suspect will be captured amid serious questions over rare jail break
▼ + stars: | 2023-09-07 | by ( Sugam Pokharel Niamh Kennedy Sana Noor Haq | Sugam Pokharel | Niamh Kennedy | ) edition.cnn.com time to read: +4 min

Authorities are hunting for 21-year-old Daniel Abed Khalife, who orchestrated a bold jail break from Wandsworth prison on Wednesday while dressed as a chef, according to London’s Metropolitan Police. Addressing the UK parliament on Thursday, Chalk said he had already ordered an internal probe into the decision to place Khalife in a lower-security jail. Who was on duty that morning, in what roles ranging from the kitchen to the prison gate, what protocols were in place,” Chalk said. Wandsworth prison is located in the southwest of the British capital. Staff shortagesLast year, the UK’s prison inspection watchdog warned staffing levels “remained a serious problem” at Wandsworth prison.

Persons: Daniel Abed Khalife, Alex Chalk, Chalk, ” Chalk, ”, “, Khalife, Rishi Sunak, Shabana Mahmood, Yui Mok, Gareth Fuller, Yvette Cooper, wasn’t, ” Cooper, ” HMIP, Michelle Donelan Organizations: London CNN, Metropolitan Police, UK’s, Media, PA Media, British, Labour, Tory Government, Port, Press Association, Shadow, Labour Party, BBC Radio, Staff, of Prisons, Government, Met, Gatwick Airport, CNN Locations: Wandsworth, ” ‘ State, Britain, Dover, Kent, England, Wales, London

☆ Conservative UK lawmaker formally quits with scathing attack on PM Sunak
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +2 min

LONDON, Aug 27 (Reuters) - UK member of parliament Nadine Dorries has delivered a scathing attack on her Conservative Party's leader Rishi Sunak in her formal resignation letter, accusing the prime minister of running a "zombie parliament" and lacking any political vision. "Since you took office a year ago, the country is run by a zombie parliament where nothing meaningful has happened. "You hold the office of prime minister unelected, without a single vote, not even from your own MPs. A former finance minister and investment banker, Sunak became prime minister in October last year after being the only candidate to be nominated in a party leadership contest. "In your impatience to become prime minister you put your personal ambition above the stability of the country and our economy," said Dorries.

Persons: Nadine Dorries, Rishi Sunak, Boris Johnson, Dorries, Sunak, Johnson, Liz Truss, Kylie MacLellan, Frances Kerry Organizations: Conservative, Labour Party, Conservatives, Labour, Sunak's Conservatives, Thomson Locations: Sunak

☆ Images from the Solar Orbiter spacecraft reveal tiny flares shooting from a 'hole' in the sun. They could explain how the sun blasts Earth with charged particles.
▼ + stars: | 2023-08-26 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

AdvertisementAdvertisementPicoflares could be the source of the solar wind that's blasting EarthAn animation of the solar wind shows particles streaming from the sun towards Earth. That stream, called the "solar wind," gets supercharged when coronal holes or big solar flares are pointed at our planet. Seeing the sun up close, at smaller scales, could reveal its secretsImages from the Solar Orbiter are the closest ever taken of the sun. "Jets, in general, have previously been observed in the solar corona," Chitta, who led the Solar Orbiter study and a team at Max Planck Institute for Solar System Research, told Space.com. NASA/SDONASA and the ESA launched Solar Orbiter in 2020, with a goal of studying these winds at their source.

Persons: Lakshmi Pradeep Chitta, NASA's Parker, Chitta, Space.com, it's, Andrei Zhukov Organizations: Service, Orbiter, Solar Orbiter, NASA Solar Dynamics, NASA, Lights, EUI Team, ESA, CSL, MPS, UCL, Probe, Jets, Solar, Max Planck Institute, Solar System Research, European Space Agency, Royal Observatory of Locations: Wall, Silicon, Royal Observatory of Belgium, Brussels

☆ Italian bank tax flip-flop leaves lasting scars
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +2 min

LONDON, Aug 9 (Reuters Breakingviews) - The Italian government has raced to soothe bank investors spooked by its ill-thought-out bank windfall tax. The government has now said that the levy will be capped at 0.1% of total assets. If so, and applied to banks’ Italian businesses, then the total haul would be just under 2 billion euros, according to UBS. Still, bank shares have only partially recovered. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: tanking, Siena, That’s, Giorgia Meloni, Neil Unmack, Francesco Guerrera, Streisand Neto Organizations: Reuters, Banca Monte dei, UBS, Banca, Banco, Twitter, Siemens, Thomson

☆ Italy's MPS sees 2023 profit above 1 billion euros after tenfold rise
▼ + stars: | 2023-08-04 | by ( Valentina Za | ) www.reuters.com time to read: +3 min

FILE PHOTO-The logo of Monte dei Paschi di Siena bank is seen in a bank entrance in Rome, Italy August 16, 2018. Like peers, Monte dei Paschi (MPS) reaped the benefits of higher rates which have allowed banks to charge more for loans while what they pay out on deposits lags. To fund the voluntary staff exits by sending people into early retirement, Lovaglio oversaw a 2.5 billion euro ($2.7 billion) capital raise in tough markets last November. Shares in MPS traded 3.5% higher by late morning at 2.568 euros each. Core revenues jumped 10% on a quarterly basis to 941 million euros, leapfrogging expectations, with net interest income nearly doubling from last year and up 15% from the first quarter.

Persons: Max Rossi, Siena, Monte, Luigi Lovaglio, Lovaglio, Andrea Orcel, Valentina Za, Alvise Armellini, Keith Weir Organizations: REUTERS, STATE, MPS, Bankers, Thomson Locations: dei, Siena, Rome, Italy, MILAN

☆ Ancient treasures are being looted, but blockchain could help protect them
▼ + stars: | 2023-07-31 | by ( Nadia Leigh-Hewitson | ) edition.cnn.com time to read: +6 min

Now, some are suggesting blockchain could spare the blushes of those trading in ancient treasures and artifacts. Blockchain, the technology that underpins cryptocurrencies like Bitcoin, is essentially a decentralized, immutable, publicly accessible digital ledger. Salsal allows a museum or collector to submit details about their collection using the web platform. People powerAnother blockchain based tool, called Kapu, was developed in Italy in 2017, but the tool has since gone offline. There is a small cost for collectors to use Salsal, but no more than a couple of dollars per collection.

Persons: Adel Khelifi, Mark Altaweel, ”, Khaled Desouki, Tasoula Hadjitofi, Hunter, Hadjitofi, Salsal, “ We’re, Altaweel Organizations: CNN, New York Met, University of Abu, University College London, UCL, Association, National Museum of, Getty Locations: Egypt, University of Abu Dhabi, Cairo, AFP, Famagusta, Cyprus, Netherlands, British, Hague, Italy

☆ Indian women set fire to house of suspect as Manipur sex assault case triggers outrage
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +3 min

[1/3] Protestors hold placards as they attend a protest against the alleged sexual assault of two tribal women in the eastern state of Manipur, in New Delhi, India, July 21, 2023. REUTERS/Adnan AbidiNEW DELHI, July 21 (Reuters) - Women in India's northeastern state of Manipur attacked the house of the main suspect in a sexual assault case that has enraged the nation, police said on Friday. The sexual assault took place over two months ago but it captured national attention after a short video went viral on social media earlier this week. The main suspect, a resident of violence-hit Manipur state, was arrested on Thursday hours after Prime Minister Narendra Modi condemned the alleged sexual assault as "shameful" and promised tough action. The sexual assault was reported by the victims in May after ethnic clashes began in Manipur.

Persons: Adnan Abidi, Narendra Modi, Hemant Pandey, Radhika Burman, Modi, Mallikarjun Kharge, Rupam Jain, Kim Coghill Organizations: REUTERS, Bharatiya Janata Party, BJP, Thomson Locations: Manipur, New Delhi, India, DELHI, Imphal, Kolkata

CNN —A graphic video emerged on social media Wednesday from Manipur amidst ongoing ethnic violence in the northeastern Indian state. The video, which is going viral on social media, depicts an incident from May 4, according to the Indigenous Tribal Leaders’ Forum (ITLF) showing two women being forced to walk naked through a crowd of fully clothed men. The distressing video, that has been seen by CNN, shows the terrified victims surrounded by a mob of men, many brandishing long canes or sticks as weapons. Among other things, tribal status would enable the Meitei to buy land and provide more opportunities for government jobs. “After taking a Suo-moto cognisance of the incident immediately after the video surfaced, the Manipur Police swung to action and made the first arrest this morning.

Persons: Narendra Modi, ” Modi, Biju Boro, ”, Mallikarjun Kharge, Modi, –, Biren Singh Organizations: CNN, Indigenous Tribal, ’, Indian, ”, Getty, Modi Govt, BJP, State, Manipur Police, Twitter Locations: Manipur, Indian, Guwahati, reconvening, Phainom, Kangpokpi district, Imphal, Kuki, India’s, Modi, India, Thoubal District

☆ Uxbridge by-election: In Boris Johnson's back yard, Britons are desperate for a change
▼ + stars: | 2023-07-18 | by ( Rob Picheta | ) edition.cnn.com time to read: +11 min

A mid-term by-election to replace Johnson is taking place on Thursday, alongside two other by-elections to replace MPs elsewhere in the country. Boris Johnson is seen on a walkabout in Uxbridge in 2020, during his time as prime minister. Inside, the owner told CNN: "They're all the same ... Johnson’s company ran the first major opinion poll ahead of the Uxbridge by-election, which found a solid but assailable eight-point lead for Labour. Labour leader Sir Keir Starmer (far right) and Shadow chancellor Rachel Reeves (right) on a campaign visit with Danny Beales, the local Labour candidate (back center).

Persons: Mike Okoli, ”, Okoli, Boris Johnson –, Johnson, “, ” Okoli, Rob Picheta, CNN Johnson, Manoj Supeda, I’ve, hasn’t, ‘, ’ He’s, Supeda, Johnson’s, ” Supeda, “ It’s, ” Manoj Supeda, Tony Blair, Labour's, Brexit, CNN Okoli, he’s, “ I’ve, Sonia Caetano, Boris Johnson, Stefan Rousseau, there’s, ” Caetano, Danny Beales, We've, Caetano, Keir Starmer, Steve Reed, Piers Corbyn, Jeremy Corbyn, Steve Tuckwell, ” Tuckwell, Reed, ” Reed, They’re, Mick, Starmer, “ We’re, we’re, ” James Johnson, Theresa May’s, Sir Keir Starmer, Rachel Reeves, ” Tracy Peabody Organizations: United Kingdom CNN, European Union, CNN, Labour Party –, Tories, Labour, Conservatives, Britain, Uxbridge, Beales, London’s Labour, Conservative, Hillingdon Hospital, CNN ‘ Labour, “, Press Association Locations: Uxbridge, United Kingdom, Nigeria, Caribbean, London, South Ruislip, Britain, “, Okoli, Portuguese, Yiewsley, Portugal, Covid, Ukraine, Hillingdon, Ruislip Manor

☆ Vienna is crawling with Russian spies inviting sources to skiing holidays
▼ + stars: | 2023-07-17 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +3 min

Vienna, Austria, has become the prime European city for spies, especially from Russia, to set up. Efforts by local politicians to ban spying have been met with delays as Russia's war continues. Austria has expelled only four Russian spies posing as diplomats, while neighbors equipped with more robust laws have expelled over 400 spies since the start of Russia's war, the Times reported. There are 180 accredited Russian diplomats in Vienna, and a third of them are assumed to be spies, per the report. Recently, Chinese, Saudi, Iranian and Israeli spies have also benefitted from the power vacuum in Vienna, the Times reported.

Persons: Vienna's, Egisto Ott, Gustav Gressel Organizations: Service, Times, International Atomic Energy Agency, Washington Post, European Council, Foreign Relations, Austrian, Green Locations: Vienna, Austria, Russia, Wall, Silicon, Ukraine, Russian, Germany, Saudi, Western

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