DIRS.INFO The most relevant business & tech news

New hardline ministers like Itamar Ben-Gvir, a settler from Hebron, will be in charge of police as national security minister, while Bezalel Smotrich, another far-right politician, will have wide control over policy in the West Bank. "Fatah sons, Hamas sons, sons of the Islamic Jihad and the Popular Front are working together within unprecedented resistance formations," Maamar said. Under Israeli policies designed to create economic security incentives, 20,000 Gazans are allowed to cross into Israel for work. For its part, Palestinian Authority officials say Hamas is funding some armed cells in the West Bank, in part to weaken the PA, and Israeli officials say they are also closely watching Hamas' moves in the West Bank. Israel should "weaken the Hamas militarily as much as possible" while helping to improve conditions for Palestinians in both Gaza and the West Bank to reduce the potential for conflict, Ben-Barak said.

☆ China's foreign ministry branch in Hong Kong urges British gov't to stop Hong Kong report
▼ + stars: | 2023-01-13 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Jan 13 (Reuters) - China's foreign ministry in Hong Kong urged the British government to stop its "so-called half-yearly report on Hong Kong", state media reported on Friday. A spokesperson at the ministry branch said Britain's report "grossly interfered with Hong Kong affairs and China's internal affairs, and seriously trampled on international law". read moreIn a separate statement, the Hong Kong government said late on Thursday that it refuted the "slandering remarks and ill-intentioned political attacks" made in Britain's report. "The Hong Kong special administrative region is an inalienable part of the People's Republic of China," the statement said, adding that the government urged Britain to "respect the basic norms governing international relations and stop interfering" in the city's affairs. Reporting by Liz Lee in Beijing and Farah Master in Hong Kong; Editing by Christopher Cushing and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

☆ Hong Kong retail sales fall in November, outlook challenging
▼ + stars: | 2023-01-04 | by ( ) www.reuters.com time to read: +3 min

November retail sales fell 4.2% from a year earlier in value terms to stand at HK$29.5 billion ($3.77 billion). Hong Kong is also working to resume quarantine-free travel with mainland China by as early as Jan. 8. For the first eleven months, the total retail sales value eased 1.1% compared with the same period a year earlier. Online retail sales in November rose 9.4% year-on-year in value terms, compared with a revised 35.1% growth in October. ($1 = 7.8180 Hong Kong dollars)Reporting by Donny Kwok; Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Ecuador's $290 mln Petrolia debt void on handover - gov't, company
▼ + stars: | 2022-12-30 | by ( Alexandra Valencia | ) www.reuters.com time to read: +2 min

QUITO, Dec 29 (Reuters) - Ecuador's $290 million debt to a subsidiary of Canada's New Stratus Energy (NSE.V) will be void once contracts for the operation of two oil production blocks expire on Dec. 31, the government and subsidiary said on Thursday. "The state owed the contractor, under unpaid tariffs, $290 million," the energy ministry said in a statement. Ecuador has paid Petrolia some $60 million in fees over the past two years, company manager Ramiro Paez told Reuters, acknowledging the remaining $290 million debt would be wiped when the contracts ended. The company has not yet presented its arbitration case because it must complete a mediation process first, he added. State oil company Petroecuador will on Jan. 1 take over operation of the blocks, which together produce about 14,000 barrels a day.

☆ Australia ready to work with elected gov't in Fiji -Albanese
▼ + stars: | 2022-12-23 | by ( ) www.reuters.com time to read: 1 min

SYDNEY, Dec 23 (Reuters) - Australia welcomes the democratic process that has taken place in Fiji and stands ready to work with whoever forms the new government, Prime Minister Anthony Albanese said on Friday, adding that the process has been orderly. "Fiji will remain an important partner of Australia and I look forward to working with the elected government of Fiji," Albanese said at a news conference in Sydney. Reporting by Stella Qiu; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. Senate $1.66 trillion gov't funding bill secures enough votes to advance
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, Dec 20 (Reuters) - A $1.66 trillion bill to fund the U.S. government secured enough support to advance in the Senate's first procedural vote on the matter on Tuesday. Voting was continuing. Reporting by Richard Cowan; Editing by Scott MaloneOur Standards: The Thomson Reuters Trust Principles.

"If all goes well, we should be able to finish an omnibus appropriations package by Dec. 23," Shelby said in a statement. The full-year "omnibus" bill is also expected to contain new emergency funds to aid Ukraine in its battle against Russian forces. It also is expected to fold in an unrelated bill reforming the way Congress certifies U.S. presidential elections. Senate Minority Leader Mitch McConnell had said his Republicans want work on the omnibus bill wrapped up by Dec. 22. Any negotiations on the funding bill would get more complicated next year, when Republicans take majority control of the House.

☆ FTX suggests Sam Bankman-Fried transferred assets to Bahamas government custody after bankruptcy: Filing
▼ + stars: | 2022-11-17 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

FTX in a bombshell emergency court filing Thursday said evidence suggests Bahamian regulators directed former CEO Sam Bankman-Fried to gain "unauthorized access" to FTX systems to obtain digital assets belonging to the company after it had filed for bankruptcy protection. The filing said that Bankman-Fried transferred those assets to the custody of the Bahamian government. It cites an interview published by Vox on Wednesday where Bankman-Fried expresses serious disdain for regulators. In that motion, FTX said the alleged conduct puts "in serious question" a request by Bahamian regulators for recognition as liquidators in the bankruptcy. The appointment of the JPLs and recognition of the Chapter 15 Case are thus in serious question," the filing continued.

☆ US Senate to tackle gov't spending, debt limit, marriage equality, Schumer says
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: 1 min

Pelosi says 'I will always have influence' as House control looms, article with videoUnited States category · November 14, 2022 · 12:00 AM UTCU.S. House Speaker Nancy Pelosi on Sunday said it was too soon to say whether she would seek to maintain her leadership post with control of the chamber following Tuesday's election still uncertain, adding that she has no plans to fade away.

☆ Approval of Japan PM Kishida's gov't hits new low, no help from economic plan
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +2 min

Support slid to 42% in a poll conducted by the Nikkei newspaper at the weekend, the lowest since Kishida took office in October 2021. Approval edged up slightly in a Kyodo news agency survey to 37.6% from 35% at the start of October. read moreThe Unification Church, founded in South Korea in the 1950s and famous for its mass weddings, has been fending off criticism for the means by which it collects donations. In the Kyodo poll, nearly 80% of respondents thought the LDP should expand its investigation into the church. A poll earlier this month showed it had slid to 27.4%, a level low enough to make it difficult to carry out policy.

☆ Dutch probe 'illegal' China gov't offices in Netherlands
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +2 min

AMSTERDAM, Oct 26 (Reuters) - The Netherlands is investigating offices that have been operating illegally in the country on behalf of the Chinese government, the Foreign Ministry said on Wednesday. The investigation follows reports by RTL Nieuws and website "Follow The Money" that two such offices have carried out functions, including remotely renewing Chinese citizens drivers' licences. The Chinese Embassy said in an emailed reaction to Reuters questions it "was not aware of the issue ... and not involved in it". "China`s judicial and law-enforcement authorities strictly abide by international rules and fully respect the judicial sovereignty of other countries," it said. "What is correct is that the Chinese government never informed us about the centres via diplomatic channels so that makes them illegal to begin with," Hovenkamp said.

☆ Algeria businesses hope government will stay the course on reforms
▼ + stars: | 2022-10-23 | by ( Lamine Chikhi | ) www.reuters.com time to read: +5 min

As Algeria's foreign currency reserves fell by two thirds in six years and the long-term risk of unrest grew, President Abdelmadjid Tebboune's government pushed reforms to strengthen the private sector, boosting local businesses. He passed some reforms but now enjoys high demand for Algerian energy and surging revenues. Free zones are going to be set up, customs code has been changed to make it more attractive for foreign investment, we have a new investment code," Agli said. A former government adviser on economic affairs said the authorities understood the need to press ahead with reforms despite the increase in energy revenue this year. We are running short of time because oil prices are so volatile and a global recession is a likely scenario," the former adviser said.

☆ U.S. Senate headed to Thursday passage of stopgap gov't funding bill -Schumer
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, Sept 28 (Reuters) - The U.S. Senate could pass a temporary government funding bill as soon as Thursday, which would avert partial government shutdowns that otherwise would begin on Saturday, Senate Majority Leader Chuck Schumer said on Wednesday. "With cooperation from our Republican colleagues, the Senate can finish its work of keeping the government open as soon as tomorrow. There is every reason in the world to get to 'yes,'" Schumer said in a Senate speech. Once the Senate approves the bill that would extend government-wide funding through Dec. 16, the House of Representatives is expected to promptly take up and pass the bill. There is strong bipartisan support in the Senate for the measure, which cleared a procedural hurdle late on Tuesday on a 72-23 vote.

☆ Colombia gov't agrees to ease tax changes to oil, mining
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterColombia's President Gustavo Petro addresses the media after a meeting, in Bogota, Colombia July 22, 2022. The threshold for the export tax on oil will now be $71 per barrel, compared to a previous $48 per barrel. The reform may not raise 25 trillion pesos in additional income next year, Ocampo said, though he did not give more details. Meanwhile a proposal to raise taxes on gasoline will be scrapped, and more changes to the bill are expected next week. Thousands marched earlier on Monday to urge changes to the reform, which would also raise taxes on those earning more than $2,259 per month, about 10 times the minimum wage, and eliminate exemptions.

Search resuls for: "gov't"

14 mentions found