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Buy now, pay later firms like Klarna and Block's Afterpay could be about to face tougher rules in the U.K.Britain's new Labour government will soon set out updated plans to regulate the "buy now, pay later" industry, a government spokesperson told CNBC. "Regulating Buy Now Pay Later products is crucial to protect people and deliver certainty for the sector," the Treasury spokesperson told CNBC via email Thursday. The government first set out plans to regulate the sector in 2021. BNPL plans are flexible credit arrangements that enable a consumer to purchase an item and then pay off their debt at a later date. Most plans charge customers a third of the purchase value up front, then take the remaining payments the following two months.
Persons: Block's, Tulip Siddiq, Siddiq, Keir Starmer's, Christopher Woolard, BNPL, Organizations: Labour, CNBC, Treasury, . Treasury, Keir Starmer's Labour Party, Financial Locations: Britain
Saudi Arabia has invested heavily in its navy in recent years, buying a number of new warships. AdvertisementThe first of the Spanish-built corvettes, Al Jubail, arrived at the Saudi naval base in Jeddah in August 2022. Patrol boats for Saudi Arabia at a German shipyard in April 2019. During that decade, Saudi Arabia initiated the first Saudi Naval Enhancement Program, which equipped its navy with modern American, French, and British warships. The current buildup, called Saudi Naval Enhancement Program II, or SNEP II, is the most significant one since then.
Persons: , Leonardo Jacopo Maria Mazzucco, MCS3 Louis Thompson Staats, Mazzucco, Al Jubail, Juan Carlos Toro, Lockheed Martin, Stefan Sauer, Nixon, Shah, HMS Badr, Paul Iddon Organizations: Service, Saudi, Royal Saudi Naval Forces, Combined Maritime Forces, International, Analytics, Stimson Center, US Navy, Royal Saudi Naval Force, Getty, RIM, Saudi Western Fleet, Saudi Eastern Fleet, Lockheed, Fleet, Saudi Naval Enhancement, Islamic Revolutionary Guard Corps, IRGC Navy, SNEP Locations: Saudi Arabia, Riyadh, Persian, Saudi, Iran, Yemen, Washington, Al, Madinah, Navantia's, Cádiz, Spain, Jeddah, East Africa, Iraq, Gulf
International soccer's governing body FIFA stripped Indonesia of hosting rights on Wednesday over what an Indonesian official said was a failure to honour its commitments to the tournament. FIFA made the decision after Indonesia's football federation (PSSI) said it had cancelled the draw because Bali's governor refused to host Israel's team. The head of an Indonesian fans' association, Ignatius Indro, said PSSI and the government should ensure politics did not interfere in football. The loss of hosting rights was a "failure" for the Southeast Asian country, he said. PSSI said losing hosting rights would harm the national side's chance of taking part in other FIFA tournaments, and the economic losses would amount to millions of dollars.
As exhumations dragged on, more atrocities were committed in sectarian conflict and amid the rise and fall of armed groups, such as Al Qaeda and Islamic State militants, as well as Shi'ite Muslim militias. Tens of thousands of Iraqis were killed by Saddam's forces during his rule. According to Siddiq, massacres committed by Islamic State militants, who seized much of northern Iraq in 2014 and held it for three violent years, have been prioritised. In Sinjar, where Islamic State committed what U.N. investigators described as genocide against Iraq's Yazidi minority, about 600 victims have been reburied, with some 150 identified. His name was not among the hundreds of victims identified by Siddiq's team, and Mohammed remains in limbo.
"Wu-Tang: An American Saga" is back for its third and final season on Hulu. How to watch 'Wu-Tang: An American Saga'"Wu-Tang: An American Saga" is available to watch exclusively on Hulu. You can stream "Wu-Tang: An American Saga" for free if you sign up for a Hulu trial. How many episodes are in 'Wu-Tang: An American Saga' season 3? "Wu-Tang: An American Saga" will end with season 3; it is the final season of the series.
Saudi Arabia and the UAE have been investing heavily in new military hardware in order to Iran. The Royal Saudi Air Force's core strength are its 232 F-15 Eagles, at least 84 of which are F-15SA variants designed specifically for Saudi Arabia. A Royal Saudi Air Force F-15 at King Faisal Air Base in Saudi Arabia in February 2021. US and Bahraini officials in front of unmanned naval vessels at at Naval Support Activity Bahrain in Manama in January. US Navy/MCS1 Mark Thomas MahmodIMX 2022 was also the first time Israel and Saudi Arabia, which don't have diplomatic relations, officially took part in an exercise together.
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