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The yen touched a three-month low on Monday as Japan's ruling coalition lost its parliamentary majority and investors figured that would likely slow future interest rate hikes, while the dollar headed for a monthly gain on rising U.S. yields. On the dollar, the yen hit its weakest since late July at 153.3 in early-morning trade and it touched the same milestone at 165.36 to the euro . That was down from the 279 seats they held previously and marked the coalition's worst result since it briefly lost power in 2009. The U.S. dollar index has climbed 3.6% during October, its sharpest monthly rise since April 2022. The New Zealand dollar traded near a three-month low of $0.5974, down nearly 6% for the month.
Persons: Shigeru Ishiba's, Komeito, Donald Trump, Sterling Organizations: Shigeru Ishiba's Liberal Democratic Party, NHK, Bank of Japan, Nomura, U.S, gilts, Australian, New Zealand Locations: Japan, U.S, Europe, Australia, China
What's more, the enormous Amazon Web Services cloud services business effectively allows Amazon the leeway to figure out the best path forward in terms of applying AI to the rest of its businesses. At the same time, Amazon's Prime Video platform presents a formidable opponent against Netflix . Wang also said Amazon's Prime membership rolls could benefit from the upcoming holiday shopping season. So Amazon has a little bit of time to get their AI story right," he said. Wang added that investors can expect more insight into Amazon's investments during its December re:Invent conference.
Persons: Ray Wang's, Wang, Amazon's Organizations: Constellation Research, Amazon, Netflix, Microsoft, Google
It’s still unclear if his ruling coalition with the junior partner Komeito can retain a majority. Ishiba has set a goal of retaining a majority of 233 seats for the ruling coalition between the LDP and its Buddhist-backed Komeito. But analysts say Ishiba’s LDP was expected to remain the top party in Japan’s parliament as voters are skeptical about the opposition’s ability and inexperience. There could be regrouping attempts among opposition parties to decide whether to cooperate among themselves or join the ruling coalition, political watchers say. Ishiba is expected to last at least until the ruling bloc approves key budget plans at the end of December.
Persons: Shigeru Ishiba’s, It’s, Komeito, can’t, Ishiba, Fumio Kishida, , , Yoshihiko Noda, Noda, won’t, Izuru Makihara, ” Makihara, Shinzo Abe, Rintaro Nishimura, Abe Organizations: NHK, Ishiba’s Liberal Democratic Party, Liberal Democratic Party, LDP, Constitutional Democratic Party of Japan, University of Tokyo, The Asia Group, Democratic Party of, Japan Innovation Party Locations: Tokyo, Japan, Japan’s
Initial figures suggest turnout is the highest since the ruling Georgian Dream party was first elected in 2012. Georgia’s Central Election Commission said Georgian Dream won 52.99% with the majority of votes counted. Georgian Dream stood against four main opposition groups, which indicated they did not accept the results. The biggest opposition party, United National Movement, said its headquarters came under attack on polling day. Many Georgians fear Georgian Dream is dragging the country toward authoritarianism and killing off hopes it could join the EU.
Persons: Ivanishvili, Tina Bokuchava, , , Russia —, Salome Zourabichvili, ” Qristine, Nika Gvaramia, ” Ivanishvili, Party ”, Giorgi Gakharia Organizations: European Union, Georgia’s, Commission, Georgian, EU, United National Movement, CEC, Associated, NATO, Coalition, AP, Party, Unity National Movement Locations: Georgian, Russia, Brussels, South Caucasus, Zugdidi, Marneuli, Tbilisi, Georgia, Soviet Union, EU, U.S, Ukraine, Strong Georgia
Nicole Kidman has opened up on why she is taking on so many acting roles. "I can create more work for people. I can create jobs for people," she told Variety. Stefania D'Alessandro/WireImage/Getty ImagesIt isn't the first time that Kidman has spoken about her dedication to helping create job opportunities in Hollywood. In 2017, the star said she made an active effort to work with female directors to help get more women into such roles.
Persons: Nicole Kidman, , Taylor Sheridan, Kidman, Halina Reijn, Stefania D'Alessandro, that's Organizations: Service, Venice Film, Venice, Sydney Morning Herald Locations: Dutch, Venice, Hollywood
Japan votes in election expected to punish PM Ishiba's coalition
  + stars: | 2024-10-27 | by ( ) www.cnbc.com   time to read: +2 min
TOPSHOT - Officials look on as people vote during the general election at a polling station set up at a local school in Tokyo on October 27, 2024. Japan voted on October 27 in its tightest election in years, with new Prime Minister Shigeru Ishiba and his juggernaut Liberal Democratic Party facing potentially their worst result since 2009. (Photo by Richard A. Brooks / AFP) (Photo by RICHARD A. BROOKS/AFP via Getty Images)Japan's voters decide the fate of Prime Minister Shigeru Ishiba's government on Sunday in an election expected to punish his coalition over a funding scandal and inflation, potentially ending a decade of dominance for his Liberal Democratic Party. Political wrangling could roil markets and be a headache for the Bank of Japan, if Ishiba chooses a partner that favours maintaining near-zero interest rates when the central bank wants to gradually raise them. "That's basically the scenario for 'sell Japan'," as investors ponder how the outcome could affect fiscal and monetary policy, said Naka Matsuzawa, chief macro strategist at Nomura Securities.
Persons: Shigeru Ishiba, Richard A, Brooks, RICHARD A, BROOKS, Shigeru Ishiba's, Komeito, Ishiba, Jeffrey Hall, That's, Naka Matsuzawa Organizations: Liberal Democratic Party, Getty, LDP, Bank of Japan, Kanda University of International Studies, Asahi, Nomura Securities, Constitutional Democratic Party of Japan Locations: Tokyo, Japan, AFP, China
Ivanishvili had vowed to ban the opposition if his party won the election, and his opponents are taking him at his word. On Saturday, as Georgians cast their ballots, thousands of Georgian and international election observers fanned out to voting precincts across the country, from urban centers to poor, remote villages in the Caucasus mountains, trying to evaluate whether the vote was free and fair. Throughout election day, video of violations, some of them egregious, like a man boldly jamming ballots into a ballot box, spread quickly. “She is on the right side of history,” said opposition politician Nika Gvaramia. The illiberal leader has found common cause with Georgia’s ruling party and was the first international leader to congratulate them after the election – even before the votes were officially tallied.
Persons: Georgia CNN —, Salome Zourabichvili, , Georgia …, , oligarch Bidzina Ivanishvili, Ivanishvili, ISFED, John Shimkus, Margareta Cederfelt, Zourabichvili, Nika Gvaramia, Elene Khoshtaria, isn’t, Viktor Orban Organizations: Georgia CNN, Georgian, International Republican Institute, National Democratic Institute, International Society for Fair Elections, Democracy, “ Coalition Locations: Tbilisi, Georgia, Georgian, Russian, , Gvaramia, Russia, ” Moscow, Hungarian
Japan's Prime Minister Shigeru Ishiba (top C) delivers an election campaign speech in support of the Liberal Democratic Party candidate in Chiba on October 19, 2024. Japan's Liberal Democratic Party is set to lose its parliamentary majority, with analysis and exit polls by local news suggesting it could even fall short with its coalition partner. As polls closed at 8 p.m. local time Sunday, the decision desk of NHK, Japan's national public broadcaster, predicted a tight race. A party or coalition bloc needs to hit the threshold of 233 seats to win power in Japan's lower house, which has a total of 465 seats. The Constitutional Democratic Party (CDP) and the Democratic Party for the People (DPP) are both expected to gain seats, Nikkei Asia added.
Persons: Shigeru Ishiba, Komeito Organizations: Japan's, Liberal Democratic Party, Japan's Liberal Democratic Party, NHK, Nikkei, Constitutional Democratic Party, Democratic Party for, People Locations: Chiba, Nikkei Asia
Israel launched "precise strikes" on Iran on Saturday, killing four soldiers. The Israel Defense Forces said it carried out "targeted and precise strikes" on Iranian military sites on Saturday. Four soldiers were killed following the attack, Iran's military said, according to the IRNA state news agency. Voller said that should Iran choose to respond, it could turn to its proxies to defend its nuclear program. He added that Israel's targeting of Iran's military sites, including its air defense system, would allow it to launch further air attacks if Iran were to escalate the conflict.
Persons: Israel, , Joe Biden, Ayatollah Ali Khamenei, Jonathan Panikoff, Yoel, Voller, Panikoff, Ellie Geranmayeh, Israel shouldn't, Netanyahu, Geranmayeh, Benjamin Netanyahu Organizations: Service, Israel Defense Forces, University of Kent, Security Initiative, The New York Times, Institute for National Security Studies, Iranian, REUTERS, European Council, Foreign Relations, Times Locations: Iran, Iranian, Here's, Israel, East, Tehran, Tel Aviv, North Africa
Rather than staging dramatic and risky bank robberies, criminal groups in Europe have been targeting ATMs as an easier and more low-key target. An explosive device used to blow up ATMs shown at a press event in Stuttgart, Germany on November 21, 2023. The majority of Germany’s 83.3 million citizens have to travel no further than one kilometer to reach their nearest ATM, according to the central bank, Bundesbank. Bodo Marks/picture alliance/Getty Images/FileA 2023 BKA report notes that ATM robberies in Germany have been rising since 2005, although they dropped slightly from 2022 to 2023. In July, the German government announced that ATM robberies would receive harsher punishment.
Persons: Europol, Bernd Weißbrod, ” Europol, Baden Württemberg, ” Bundesbank’s Johannes Beermann, , Bodo Marks, , Nancy Faeser, Organizations: CNN, Federal Criminal Police, Germany –, Getty, German Banking Industry Committee, Locations: Kronberg, BKA, Europe, Germany, France, Netherlands, Stuttgart, Wiernsheim, German, Baden, Bundesbank, Sparkasse, Schenefeld, , “ Germany
Insider Today: Millennial money mistake
  + stars: | 2024-10-27 | by ( Matt Turner | ) www.businessinsider.com   time to read: +4 min
Check out tomorrow's edition of Insider Today for the first in a series focused on what a Trump or Harris presidency would mean for your finances. On the agenda today:AdvertisementBut first: A tech CEO puts an end to employees working remotely from Bali. In a memo to staff seen by Business Insider, Markus Villig said all staff would be required to work from the office 12 days a month starting January. Business Insider combed through 1.7 million listings and analyzed thousands of makes and models to understand what drives America. Also read:AdvertisementThe AI Power ListKaran Singh for BIFor the second year running, Business Insider released its list of the most powerful people in artificial intelligence and machine learning.
Persons: , Ford's, Jim Farley doesn't, Trump, Harris, Jenny Chang, Rodriguez, Markus Villig, We've, Automobiles Pete Ryan, we've, Buckle, Jimmy Simpson, millennials, Karan Singh, Natalie Ammari, It's, Marc Benioff Organizations: Business, Service, Today, Automobiles, BI, Federal, Google, Walgreens, Microsoft Locations: Shanghai, Bali, United States, xAI
Trump launched an extraordinary spat with Labour on Wednesday, claiming through a lawyer they had been interfering in the election. But this week’s spat throws renewed scrutiny on the complicated and delicate “Special Relationship” between Britain and America. ‘We’re in a different world’The Trump campaign’s broadside against the Labour Party stunned Westminster this week. But unlike President Joe Biden, Harris’ political career has not been built around foreign policy. It would come down to (Starmer) and to the Labour Party, whether they want it or not.”
Persons: London CNN —, Kamala Harris, Labour’s Keir Starmer, Harris, ” Claire Ainsley, ” Ainsley, Donald Trump, Trump, ” Ed Owen, , Nigel Farage, Liz Truss, Amanda Andrade, Rhoades, Reuters “, , Truss, Trump –, “ Harris, Keir, Josh Simons, Josh Freed, Starmer, , Mike Tapp, ” Simons, Joe Biden, “ She’s, Biden, ” Starmer, Ainsley, ” Ricky Vigil, Owen, ” Tapp, admiringly, Queen Elizabeth II, Freed, Germany’s Olaf Scholz, Australia’s Anthony Albanese, France’s Emmanuel Macron, ” Freed Organizations: London CNN, CNN, Labour, Progressive, Institute, Democratic, Democratic National Convention, NATO, Home Office, Foreign, Trump, Labour Party, Westminster, Conservative Political, Reuters, Republican National Convention, Climate, Democrat, “ Labour, Conservatives, Conservative, Kyiv Locations: Britain, London, Ukraine, America, Maryland, British, Washington, DC, Westminster Westminster, Israel, populists, Russia, United Kingdom
CNN —Japan’s longtime ruling party is projected to lose its majority after Sunday’s general election, in what would be a major blow to new Prime Minister Shigeru Ishiba amid public anger over economic woes and a series of political scandals. Exit polls Sunday from public broadcaster NHK suggest Japan’s ruling Liberal Democratic Party (LDP) will struggle to reach a majority, raising uncertainty over the make-up of the government of the world’s fourth-largest economy. Japan's Prime Minister Shigeru Ishiba speaks to the media at the Liberal Democratic Party's (LDP) headquarters. Former Prime Minister Fumio Kishida tried to contain the damage by replacing several cabinet ministers and dissolving LDP factions, essentially coalitions within the party. As defense minister, Ishiba was strong on deterrence as a security issue.
Persons: CNN — Japan’s, Shigeru Ishiba, Ishiba, , Komeito, Liberal Democratic Party's, Takashi Aoyama, Fumio Kishida, ” Ishiba Organizations: CNN, NHK, Liberal Democratic Party, LDP, Constitutional Democratic Party of Japan, Japan's, Liberal Democratic, Reuters, Partnership, NATO Locations: United States, Asia, China, North Korea, Japan, Pacific
Now, young men have emerged as a voting bloc that could potentially swing an election expected to see a razor-thin margin of victory for the candidate who wins. The trend has been especially pronounced among young men of color. Adding to the complexity is that younger men have actually experienced solid economic gains, at least on paper, during the Biden administration. Yet, some young men continue to express concerns about making ends meet, and say they consider current immigration policies to be an obstacle to their upward mobility. In the University of Chicago GenForward poll, young men named “economic growth” as their No.1 issue, with inflation not far behind.
Persons: They’re, Donald Trump, Harris, Joe Biden, Trump, Biden, , JD Vance, Matt Nelsen, ” Nelsen, Kamala Harris, Nelsen, , Organizations: Republicans, NBC, Trump, Harvard Kennedy School Institute of Politics, University of Chicago’s, University of Chicago, NBC News, Black, New York Times, U.S . Locations: U.S
“It makes me excited as one citizen of the nation, too, more than for usual elections,” she said. Going into the election, the Liberal Democrats still commanded the highest level of support, with just over 31 percent of voters endorsing the party in a poll by NHK, the public broadcaster. The Constitutional Democrats received support from less than 10 percent of voters surveyed. Seven disparate opposition parties came together to form a government, but it collapsed within just 11 months. In 2009, the Democratic Party of Japan won in a landslide victory as voters sought to punish the Liberal Democrats for failing to resuscitate the moribund economy.
Persons: , Masako Tanaka, Ishiba, , Organizations: Liberal Democratic, Constitutional Democrats, Nihon, Liberal Democrats, NHK, Democratic Party of Japan Locations: Tokyo
CNN —Commonwealth leaders, ending a week-long summit in Samoa, said on Saturday the time had come for a discussion on whether Britain should commit to reparations for its role in the transatlantic slave trade. The statement also made reference to “blackbirding”, a term for people from places including the Pacific Islands being deceived, coerced or kidnapped to work on plantations in Australia and elsewhere. Those opposed to reparations say countries should not be held responsible for historical wrongs, while those in support say the legacy of slavery has led to vast and persistent racial inequality. The joint statement did not mention what form reparations should take. Stefan Rousseau/Pool/ReutersStarmer told a press conference the joint statement did two things: “It notes calls for discussion and it agrees that this is the time for a conversation.
Persons: Keir Starmer, , blackbirding, Stefan Rousseau, Reuters Starmer, we’ve, Kingsley Abbott, Abbott Organizations: CNN, Commonwealth, Government, British, Caribbean Community, African Union, Reuters, Institute of Commonwealth Studies, University of London, Pacific Locations: Samoa, Britain, Australia, Tuvalu
CNN —Georgia’s President Salome Zourabichvili has condemned “deeply troubling incidents of violence unfolding at various polling stations” as the country votes in a crucial parliamentary election. Activist and monitoring groups shared footage that they said showed ballot stuffing at a polling station in Marneuli, southern Georgia. Voting has been suspended at that polling station, local media reported. Groups have gathered with the sole purpose of provoking conflict and confrontation,” Zourabichvili said in a statement shared with CNN. “It reflects weakness, and I urge everyone not to be intimidated by it.”Prime Minister Irakli Kobakhidze votes at a polling station in Tbilisi on Saturday.
Persons: CNN —, Salome Zourabichvili, , Azad Karimov –, ” Giorgi Kalandarishvili, Zourabichvili, ” Zourabichvili, Irakli, Diego Fedele, Givi Mikanadze, , Irakli Kobakhidze Organizations: CNN, Union, Azad, United National Movement, UNM, CEC, Georgian, , Imedia Media, Georgia’s, Government Locations: Russia, Georgian, Marneuli, Georgia, Marneuli’s, Tbilisi
The Georgian Dream-supporting Imedi TV channel showed the ruling party winning 56%. Georgian Dream did not immediately respond to a request for comment. Members of an election commission count ballots at a polling station after the parliamentary election in Tbilisi, Georgia, on Oct. 26, 2024. Georgian Dream has drawn the ire of its Western allies for what they cast as its increasingly authoritarian bent. Sandro Dvalishvili, a 23-year-old Georgian Dream activist, told Reuters last week that Georgia would face “danger” if his party of choice was defeated at the polls.
Persons: Georgia Reuters —, Bidzina Ivanishvili, Ivanishvili, Tina Bokuchava, Mikheil Saakashvili, Ivanishvili’s, Bokuchava, , Irakli Gedenidze, Salome Zourabichvili –, , Andronikashvili, George W, Bush, Kostya, Viktor Orban, Sandro Dvalishvili Organizations: Georgia Reuters, United National Movement, Reuters, , Party, EU, Georgian Locations: TBILISI, Georgia, South Caucasus, Georgian, Russia, Ukraine, Europe, Tbilisi, Soviet, Tbilisi’s, Tbilisi , Georgia, Moscow
Astronomers have never detected dark matter, but they believe it makes up about 85% of the total matter in the universe. Meanwhile, the existence of dark energy helps researchers explain why the universe is expanding — and why that expansion is speeding up. A prime example is the European Space Agency’s wide-angle Euclid telescope that launched in 2023 to investigate the riddles of dark energy and dark matter. Euclid this week delivered the first piece of a cosmic map — containing about 100 million stars and galaxies — that will take six years to create. These stunning 3D observations may help scientists see how dark matter warps light and curves space across galaxies.
Persons: Jackie Wattles, I’m, Vera C, Sarah Gillis, John Kraus, Chenyang Cai, Everest, NASA hasn’t, gazers, Ashley Strickland, Katie Hunt Organizations: CNN, ESA, US National Science Foundation, Stanford University, Rubin, SpaceX, SpaceX Polaris, Polaris, NASA, Boeing, CNN Space, Science Locations: Chile, Uzbekistan, Norway, Myanmar, Florida
Israeli Prime Minister Benjamin Netanyahu monitors the attack on Iran from an undisclosed location. By about 6 a.m. local time, the Israeli military said it has concluded its operation, saying the “mission was fulfilled” and Israeli jets “have safely returned home.”How did we get here? That missile barrage came about 24 hours after Israel launched a ground war in Lebanon, opening a new front in its war against Iranian-backed militants. Israel and Iran have been fighting a shadow war through proxies and covert actions for decades. Following the October 7 attacks, Israel declared war on Hamas and launched military operations in Gaza that have killed more than 42,000 people.
Persons: CNN — Israel, , Israel, Benjamin Netanyahu, Ilam ”, Hassan Nasrallah, Nasrallah, Netanyahu, Biden, ” Netanyahu, , Daniel Hagari Organizations: CNN, Iranian, Israel Defense Forces, GPO, Reuters, Israel, Hamas, United Arab Locations: Iran, United States, Tehran, Ilam, Khuzestan, Israel, Yemen, Israeli, Tel Aviv, Lebanon, Iranian, Damascus, Syria, Beirut, Gaza, United Arab Emirates, Bahrain, Qatar, Arab, “ Iran
CNN —Polls opened Sunday in Japan’s general election, in a test for new Prime Minister Shigeru Ishiba as he seeks voter support for his scandal-hit party just weeks after taking the role. By calling an election, Ishiba, 67, is seeking a public mandate for the ruling LDP amid falling approval ratings and public anger over one of the country’s biggest political scandals in decades. Former Prime Minister Fumio Kishida tried to contain the damage by replacing several cabinet ministers and dissolving LDP factions, essentially coalitions within the party. Ishiba has called for a more balanced relationship, including having greater oversight of US military bases in Japan, Reuters reports. As defense minister, Ishiba was strong on deterrence as a security issue.
Persons: Shigeru Ishiba, Ishiba, Fumio Kishida, ” Ishiba Organizations: CNN, Liberal Democratic Party, Reuters, Partnership, NATO, Sunday, Representatives, LDP, New Komeito Party Locations: Japan, Ishiba, United States, Asia, China, North Korea, Pacific
Still, if in Biden’s mind a worst-case scenario was prevented, the larger knot that is the Middle East conflict remains as firmly gnarled as ever. Biden and Harris joined a call Saturday with their national security team and were briefed on the the latest developments in the region according to the White House. But few believe there will be any resolution before the November 5 US presidential election, leaving Biden and Harris’ inability to bring stability to the region a serious political liability. Eyad Baba/AFP/Getty ImagesFor her part, Harris has offered little evidence she would adopt a different approach if elected. “As far as we’re concerned, that should close out the direct exchange between Israel and Iran,” the official went on.
Persons: Joe Biden’s, Kamala Harris ’, ” Biden, Biden, Harris, ” Harris, , , Yahya Sinwar, Israel isn’t, don’t, Benjamin Netanyahu, Netanyahu, Donald Trump —, Trump, Donald J, ” Trump, Eyad Baba, CNN’s Anderson Cooper, , Abdullah Hammoud, Antony Blinken, He’s, Israel’s, Biden’s, — Netanyahu, Betsy Klein, Samantha Waldenberg Organizations: CNN, White House, Trump, Republican, Aqsa Martyrs Hospital, Getty, United, Arab, Democratic, Iran’s Locations: Delaware, Iran, Israel, Tehran, United States, Lebanon, Gaza, Qatar, Michigan, Al, Aqsa, Deir al, AFP, CNN’s, Pennsylvania, Dearborn , Michigan
Novi, Michigan CNN —Former President Donald Trump on Saturday invited several Muslim leaders onstage with him at a campaign rally in Michigan as he courts Arab American and Muslim voters disillusioned or angry over US policy on Israel and Gaza in the critical battleground state. Trump said in his speech that he had held a meeting earlier in the day with Muslim leaders. He was joined onstage by what his campaign described as “prominent leaders of Michigan’s Muslim community,” including Imam Belal Alzuhairi, who described Trump as the “peace” candidate. “We, as Muslims, stand with President Trump because he promises peace – he promises peace, not war,” Alzuhairi said. And we must end the war and bring the hostages home,” Harris said, as the audience tried to drown out the demonstrator.
Persons: Donald Trump, ” Trump, Trump, Belal Alzuhairi, , ” Alzuhairi, Benjamin Netanyahu, Joe Biden, Kamala Harris, , Harris, Israel, Hugh Hewitt, , Biden, don’t, Democrats “, Alzayat, Liz Cheney, Dick Cheney, Cheneys, ” Harris, CNN’s Alison Main Organizations: Michigan CNN, Saturday, Arab, US, Trump, Israel, Democrats, CNN, Wyoming Locations: Novi, Michigan, Israel, Gaza, Detroit, Dearborn, East, Ukraine, Iraq, Syria, Iran, Libya, Somalia, Sudan, Yemen, Lebanon, Flint , Michigan, Kalamazoo , Michigan
BEIJING, China — China will offer the Taliban tariff-free access to its vast construction, energy and consumer sectors, Beijing’s envoy to Afghanistan said on Thursday, as the ailing resource-rich but diplomatically-isolated regime looks to build up its markets. “China will offer Afghanistan zero-tariff treatment for 100% tariff lines,” Zhao Xing, Chinese ambassador to Afghanistan, wrote on his official X account late on Thursday, above a photo of him meeting acting deputy prime minister Abdul Kabir. The country exported no commodities to China last year, the data shows, but Zhao has regularly posted photos of him meeting Taliban officials responsible for mining, petroleum, trade and regional connectivity since his appointment last September. “In the Horn of Africa, China’s Special Envoy Xue Bing said that the best way to resolve security and terrorism challenges is through economic development. I think they are bringing that same mindset to Afghanistan,” said Eric Orlander, co-founder of the China-Global South Project.
Persons: Zhao Xing, Abdul Kabir, Zhao, Xue Bing, , Eric Orlander Organizations: Locations: BEIJING, China, Afghanistan, Beijing, Xinjiang, Pakistan, of Africa
APIA, Samoa — King Charles said Friday that the Commonwealth should acknowledge its “painful” history, as African and Caribbean nations push for reparations for Britain’s role in transatlantic slavery. “I understand from listening to people across the Commonwealth how the most painful aspects of our past continue to resonate,” Charles said in a speech to the summit. Opponents of reparations say countries should not be held responsible for historical wrongs, while those in favor say the legacy of slavery has led to vast and persistent racial inequality. There are different types of reparations, from financial payments and apologies to technology transfer and educational programs. “What the Ocean Declaration seeks to do and to say is that once your marine boundaries are fixed, they’re fixed in perpetuity,” Scotland told Reuters.
Persons: Samoa — King Charles, ” Charles, Keir Starmer, Frederick Mitchell, , Jacqueline McKenzie, Leigh Day, Patricia Scotland Organizations: Commonwealth, Government, Caribbean Community, African Union, CARICOM, BBC, Leigh, Reuters Locations: APIA, Samoa, Caribbean, Commonwealth, Britain, Bahamas, London, Americas, British, Dominica
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