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The U.N. Security Council includes five permanent members—the U.S., Russia, China, France and the United Kingdom—as well as 10 nonpermanent members. U.S. allies are considering denouncing Russia’s arrest and detention of Wall Street Journal reporter Evan Gershkovich in the United Nations Security Council Monday, when Russia assumes the rotating monthly presidency of the body. Mr. Gershkovich, 31 years old, was detained March 29 while reporting in Yekaterinburg, more than 800 miles east of Moscow. Russian authorities have accused him of espionage, which the Journal and the Biden administration deny.
Eduardo Briceno began trading stocks after leaving Venezuela to migrate to the US. When he arrived in the US, he had no means of earning an income, so he resorted to trading stocks. It wasn't until he made a mindset shift that he was able to make a career out of stock trading. That means trading small-cap, momentum stocks because they have fewer fundamentals that could impact price action. If it had tons of volume during its last peak price, it means there are many bag holders, he noted.
European Commission President Ursula von der Leyen says Beijing’s actions over the war in Ukraine will be a determining factor for EU-China ties. BRUSSELS—China is seeking a new international order with Beijing as the dominant player, and the European Union must be more assertive in defending its security and economic interests, including possible EU-wide controls on outbound investment, the bloc’s top official said Thursday. In a speech Thursday ahead of her trip to China alongside French President Emmanuel Macron , set to take place next week, European Commission President Ursula von der Leyen said the EU must continue engaging with Beijing but needs a strategy for “de-risking” its relationship and dependencies on China.
Three of the eight people suspected of preparing to commit a terrorist attack were arrested in and around Brussels, Belgium. Belgian police detained eight people across the country in several raids conducted on Monday evening connected to the suspected preparation of Islamist terrorist attacks, the federal prosecutor’s office said. The arrests resulted from two separate investigations into terrorist threats that authorities say may be linked.
Western leaders are beginning to have a clearer vision of how they hope the war in Ukraine will end. What is missing is any plan to make it happen.
And I'd say, 'Because I'm old?' Sweedler, who lives in a retirement home in Connecticut, is proud of the way she's retained her faculties: "I don't talk like an old lady." It probably helps that she doesn't think of herself that way: "I don't feel that I'm old," says Sweedler, who turned 103 in December. "I don't feel old, that's the truth." ConnectBoth Hodes and Sweedler wax rhapsodic about the importance of family and especially a good marriage: "There's nothing better," Sweedler declares.
March 27 (Reuters) - Digital payments and lending firm Latitude Holdings (LFS.AX) said on Monday it has determined that 7.9 million Australian and New Zealand driver licence numbers were stolen in a large-scale information theft on March 16. Apart from the 7.9 million driver licence numbers stolen, the Australian fintech firm also identified about 53,000 passport numbers were stolen and less than 100 customers had a monthly financial statement stolen. A further 6.1 million records dating back to at least 2005 were also stolen. Customers who choose to replace their stolen ID document will be reimbursed, the company said in a statement. Reporting by Navya Mittal in Bengaluru; Editing by Tom Hogue, Muralikumar Anantharaman and Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.
Gen. Mark Milley’s statement was coupled with a warning that the U.S. won’t allow Iran to have a “fielded nuclear weapon.”Iran would need only several months to build a nuclear weapon if Tehran opted to produce a bomb, Gen. Mark Milley , chairman of the Joint Chiefs of Staff, told Congress on Thursday. Gen. Milley’s assessment provides a significantly shorter estimate for how quickly Tehran could become a nuclear power than other public estimates by Western officials and adds to mounting concern about the advances in Iran’s nuclear program.
The war in Ukraine has accelerated the unraveling of the international arms-control architecture painstakingly constructed from the Cold War onward, heightening concern among experts that a new nuclear arms race could emerge as decades of restraint on the numbers of nuclear weapons collapses. Russian President Vladimir Putin said last month that Moscow was suspending application of the New START agreement, one of the last arms-control treaties still operating. The treaty limits the numbers of strategic nuclear weapons deployed by Russia and the U.S. His announcement follows repeated thinly veiled threats from Moscow of its readiness to use nuclear weapons in Ukraine.
SummarySummary Companies Latitude marks worst intraday dropLatitude among latest in slew of corporate cyberattacks in AustraliaMarch 22 (Reuters) - Shares of Latitude Group Holdings (LFS.AX) slumped to their all-time low on Wednesday after the fintech firm unearthed further evidence of large-scale information theft affecting former and current customers across Australia and New Zealand. Latitude said it was attempting to identify the number of customers affected and the type of personal information stolen by the hacker. Latitude had said last week that personal information of around 328,000 customers, including copies of drivers' licences, was stolen. It took its platforms offline on Monday and said the Australian Federal Police and the Australian Cyber Security Centre were looking into the attack. Latitude GroupReporting by Upasana Singh in Bengaluru; Editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.
High-wind warnings and advisories were posted for a vast region stretching from the Mexico border through Los Angeles to the San Francisco Bay area. The National Weather Service (NWS) issued an excessive- rainfall notice for much of the Southern California coast, warning of an at least a 40% chance of showers exceeding flash-flood conditions. Heavy showers began drenching the Los Angeles region before dawn and triggered some street flooding but tapered off by early afternoon. Up to 3 inches (7.6 centimeters) of rain was expected in coastal regions and valleys of Southern California, and as much as 6 inches in lower mountains and foothills, the NWS said. Reporting by Steve Gorman in Los Angeles.
March 20 (Reuters) - Australian fintech firm Latitude Group Holdings Ltd (LFS.AX) said on Monday it had taken its platforms offline as the cyberattack detected last week remained active, adding the Federal Police was investigating the incident. Last week, the firm said personal information, mostly drivers' licence copies or licence numbers, of about 330,000 customers and applicants was stolen. Latitude said the Australian Federal Police and the Australian Cyber Security Centre were looking into the attack. Latitude shares have not traded since March 15, a day before the company first disclosed the cyberattack. Reporting by Harshita Swaminathan and Himanshi Akhand in Bengaluru; Editing by Subhranshu SahuOur Standards: The Thomson Reuters Trust Principles.
Florida Governor Ron DeSantis hasn’t announced a presidential bid yet, but that hasn’t stopped him from receiving his first congressional endorsement. The endorsement comes weeks after Roy, among others, attended a Florida donor confab held for DeSantis. The focus of that event was how to replicate DeSantis’ Florida wins nationwide—but the clear subtext was the looming presidential race and the expectation that DeSantis could parlay his consistently high polling position into an official presidential run. (DeSantis himself was a founding member of the Freedom Caucus when he served in the House.) South Carolina Rep. Ralph Norman, another HFC member, threw his support behind former South Carolina Gov.
President Biden meets with European Commission President Ursula von der Leyen at the White House in Washington last Friday. The Group of Seven advanced democracies want to keep the price cap on Russian crude at $60 a barrel, according to people familiar with the matter, thwarting hopes in some European capitals of tightening the Western sanctions this month. European Commission officials warned the bloc’s member states about the G-7 position, saying that President Biden had told European Commission President Ursula von der Leyen in the Oval Office of the White House last week there was no appetite in Washington for adjusting the oil sanctions, according to the people familiar with the matter.
One aim of the latest deal is to reduce fighting in Yemen between the Saudi-backed government and Houthi rebels. U.S. officials expressed skepticism that Tehran would honor a Chinese-brokered entente between Iran and Saudi Arabia, and denied the deal illustrated Washington’s diminishing influence in the region. Under the agreement announced Friday, Riyadh and Tehran will reopen their respective embassies within two months, restoring diplomatic ties for the first time in seven years. Tehran agreed to stop encouraging cross-border attacks on Saudi Arabia by Houthi rebels in Yemen, and Riyadh agreed to tone down critical coverage of Iran by a Farsi-language news channel funded by Saudi business interests.
A top European Union court Wednesday struck down sanctions on the mother of one of Russia’s most powerful figures, Yevgeny Prigozhin , the first legal blow to the bloc’s sanctions against Russia and a decision that could set a precedent for other listings. Mr. Prigozhin runs the Wagner Group, a private military force that is fighting for Moscow in Ukraine.
IAEA Director-General Rafael Grossi, wearing tie, arrives for his meeting with head of Atomic Energy Organization of Iran Mohammad Eslam in Tehran Saturday. Iran made fresh promises to increase its cooperation with the United Nations atomic agency on Saturday, but International Atomic Energy Agency chief Rafael Grossi returned from Tehran with no breakthrough over a series of Western concerns about Iran’s nuclear activities. In a press conference on his return, Mr. Grossi said Iran had promised to allow the agency to reinstall cameras and other monitoring equipment at several important nuclear-related facilities. Iran removed the equipment last summer.
IAEA Director-General Rafael Grossi, wearing tie, arrives for his meeting with head of Atomic Energy Organization of Iran Mohammad Eslam in Tehran Saturday. Iran made fresh promises to increase its cooperation with the United Nations atomic agency on Saturday, but International Atomic Energy Agency chief Rafael Grossi returned from Tehran with no breakthrough over a series of Western concerns about Iran’s nuclear activities. In a press conference on his return, Mr. Grossi said Iran had promised to allow the agency to reinstall cameras and other monitoring equipment at several important nuclear-related facilities. Iran removed the equipment last summer.
The U.S. and its European allies have split over the response to Iran’s production of near-weapons-grade uranium, with Britain, France and Germany favoring a public censure of Tehran while the Biden administration is reluctant to do that, according to diplomats involved in the discussions. The International Atomic Energy Agency said this week that Iran had produced particles of enriched uranium of around 84% in recent weeks, just shy of the roughly 90% needed for weapons-grade nuclear fuel.
Iran has greatly expanded its nuclear work since 2019, a year after the Trump administration took the U.S. out of a 2015 nuclear accord; a nuclear power plant, just outside the southern city of Bushehr, Iran, in 2010. The United Nations atomic agency confirmed Tuesday that its inspectors had found traces of near weapons-grade nuclear material at Iran’s underground Fordow facility but said Tehran continues to produce 60% enriched uranium at the site. In a confidential report sent to member states and viewed by The Wall Street Journal, the International Atomic Energy Agency said that during a check at Fordow on Jan. 22, the IAEA took samples which were found to contain highly enriched particles of up to 83.7%.
Australia's Harvey Norman slumps on lower half-year profit
  + stars: | 2023-02-27 | by ( ) www.reuters.com   time to read: 1 min
Feb 28 (Reuters) - Shares of Harvey Norman (HVN.AX) slumped more than 9% on Tuesday after Australia's biggest electronics retailer posted a 15% drop in its first-half profit as the cost-of-living pressures crimped its discretionary retail spending. The company reported profit after tax attributable for the six-month period ended Dec. 31 of A$365.9 million ($246.58 million), compared with A$430.9 million last year. ($1 = 1.4839 Australian dollars)Reporting by Savyata Mishra in Bengaluru; Editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.
The move against Sun Ship and other offshore entities is the start of a broader campaign to keep Russia from finding offshore workarounds to sanctions. The European Union sanctioned a Dubai-based subsidiary of Russia’s state-owned shipping giant, the manager of dozens of oil tankers that ferry Russian oil and natural gas around the world. The sanctions targeting Sun Ship Management include an EU asset freeze and ban on financing the company, which the EU said is part of government-controlled shipping company Sovcomflot. EU officials discussed listing the company under a new power to go after companies or people that are knowingly helping Russia circumvent Western sanctions. In the end, however, it targeted the company as a subsidiary of Sovcomflot, which is generating revenue for Moscow.
U.K. Prime Minister Rishi Sunak met with European Commission President Ursula von der Leyen in Windsor, England, on Monday. WINDSOR, England—The U.K. and European Union agreed Monday on a new trading arrangement for Northern Ireland, a move aimed at ending years of friction caused by Brexit and allowing greater cooperation between both sides at a time of mounting geopolitical risk to Europe from Russia’s war in Ukraine. U.K. Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen met in Windsor, near the royal castle there, to shake hands on a compromise that proposes to reduce trade issues between the British mainland and the province of Northern Ireland, which in practice remains in the EU single market for goods following Brexit.
WINDSOR, England—The U.K. and European Union agreed Monday on a new trading arrangement for Northern Ireland, a move aimed at ending years of friction caused by Brexit and allowing greater cooperation between both sides at a time of mounting geopolitical risk to Europe from Russia’s war in Ukraine. U.K. Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen met in Windsor, near the royal castle there, to shake hands on a compromise that proposes to reduce trade issues between the British mainland and the province of Northern Ireland, which in practice remains in the EU single market for goods following Brexit.
Republican House Speaker Kevin McCarthy has vowed not to allow an increase in the $31.4 trillion legal limit on federal borrowing without an agreement from President Joe Biden's Democrats in Congress to rein in federal spending. Failing to lift the debt ceiling could trigger a default on the federal government's debt that would take a heavy toll on the American and probably world economies. Vought, whose plan also calls for $150 billion in cuts, said Democratic control of the Senate makes limited austerity more politically realistic. Another Budget Committee Republican, Freedom Caucus member Ralph Norman, described in general terms a debt-ceiling playbook, backed by other conservatives, that aligned with Vought's plan. McCarthy spokesman Mark Bednar said federal spending growth was "entirely unsustainable, and House Republicans were elected to bring it to an end."
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