DIRS.INFO The most relevant business & tech news

☆ US daylight saving time: When is it and why was it created?
▼ + stars: | 2023-10-31 | by ( Josie Kao | ) www.reuters.com time to read: +5 min

Daylight saving time is the practice of moving clocks forward by one hour during summer months so daylight lasts longer into the evening. WHY WAS DAYLIGHT SAVING CREATED IN THE US AND HOW DID IT START? No, Hawaii and Arizona, with the exception of Navajo Nation, do not observe daylight saving time. While daylight saving time is widespread across the United States, 19 states have passed legislation to permanently use daylight saving time if Congress were to allow it, according to the National Conference of State Legislatures. The U.S. is not ending daylight saving any time soon, though there is an effort in the federal government to pass the so-called Sunshine Protection Act, which would make daylight saving time permanent.

Persons: Mike Segar, George Hudson, Frank Pallone, Joe Biden, Josie Kao, Lisa Shumaker Organizations: REUTERS, North, Daylight, European Union, New, Congressional Research Service, Virgin, National Conference of State Legislatures, Protection, U.S . House, Commerce, Science, Transportation, Thomson Locations: Manhattan, New York, U.S, United States, Canada, Cuba, North America, Europe, Egypt, Japan, New Zealand, Germany, Hawaii, Arizona, Navajo, American Samoa, Guam, Northern Mariana Islands , Puerto Rico

[1/4] A view of the turbines at an offshore wind farm near Nysted, Denmark, September 4, 2023. Time is short: The EU has a legally binding goal to nearly double renewable sources as a share of total energy by 2030, to 42.5%, requiring a rapid expansion of offshore wind. But of the governments surveyed, only Britain and Poland said they had invested or budgeted for steps to improve the security of offshore infrastructure. It requires a lot of effort from the government side," said Mattia Cecchinato, senior adviser for offshore wind at WindEurope. It said it would establish a permanent coast guard base close to where offshore wind farms are planned.

Persons: Tom Little, Thomas Almegaard, Vladimir Putin, Mads Nipper, Orsted, Ewa Skoog Haslum, James Appathurai, Germany's RWE, Anitta, Mattia Cecchinato, Rasmus, Krzysztof Jaworski, Orsted's Errboe, Benjamin Mallet, Riham, Elizabeth Piper, Toby Sterling, Andrius Sytas, Marek Strzelecki, Sara Ledwith Organizations: REUTERS, Reuters, Baltic Seas, EU, NATO, NewNew, Sweden's, Soaring, Emerging, Research, Solutions, Internal, Fund, Military, Naval Operations Centre, Polish Navy, Thomson Locations: Nysted, Denmark, Europe, Baltic, Nord, Finland, Sweden, Estonia, Russian, Russia, NewNew Shipping, Netherlands, Britain, Poland, Germany, North, Swedish, Copenhagen, Moscow, Sofia, European, Anitta Hipper, Belgium, Norway, France, Lithuania, Latvia, Baltic . Poland, Paris, Berlin, London, Amsterdam, Vilnius, Warsaw

☆ Macron says 'Islamist terrorism' rising in Europe, all states at risk
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

TIRANA, Oct 17 (Reuters) - Europe is seeing a rise of "Islamist terrorism" and all states are threatened, French President Emmanuel Macron said on Tuesday during a visit to Albania, after Islamist killings of a teacher in France and two Swedish football fans in Belgium. Macron spoke a day after a 45-year-old attacker, who identified himself as a member of Islamic State and claimed responsibility in a video posted online, killed the two Swedes fans in Brussels. All European states are vulnerable, and there is indeed a resurgence of Islamist terrorism," Macron said after talks with Albanian Prime Minister Edi Rama in Tirana. "Here, we reiterate our solidarity with our Belgian friends," Macron said. "Israel's security, the fight against all terrorist groups, as well as the peace process and the political solution, are all interconnected," he said.

Persons: Emmanuel Macron, Macron, Florian Goga, Fatos, Hedy Beloucif, Marine Strauss, Ivana Sekularac, Mark Heinrich Our Organizations: Islamic, Albanian, Edi Rama, Thomson Locations: TIRANA, Europe, Albania, France, Belgium, Islamic State, Brussels, Paris, French, Arras, Tirana, Israel, Pristina

☆ As Azerbaijan claims final victory in Nagorno Karabakh, arms trade with Israel comes under scrutiny
▼ + stars: | 2023-10-04 | by ( Max Saltman | ) edition.cnn.com time to read: +16 min

Israeli ‘realpolitik’Young ethnic Armenians from Nagorno-Karabakh in the town of Goris during evacuations to Armenia on October 1. Hayk Baghdasaryan/Photolure/AP Ethnic Armenians from Nagorno-Karabakh drive to Goris on September 28. Vahan Stepanyan/PAN Photo/AP Volunteers distribute food to ethnic Armenians arriving in Goris from Nagorno-Karabakh on September 28. Alain Jocard/AFP/Getty Images Ethnic Armenians from Nagorno-Karabakh line up to receive humanitarian aid at a temporary camp in Goris on September 26. Wezeman, the researcher at SIPRI, said Israel could come under pressure from its Western allies to reconsider arms sales to Azerbaijan.

Persons: CNN —, Marut Vanyan, “ I’m, ”, “, Vanyan, Leonid Nersisyan, Rishon Le, Jack Guez, …, Pieter Wezeman, ” Wezeman, Emmanuel Dunand, Efraim Inbar, ” Inbar, Israel ’, Inbar, LORA, ” Hikmet Ajiyev, Ilham Aliyev, realpolitik, Diego Herrera Carcedo, Sergey Astsetryan, Aziz Karimov, Hayk, Vahan Stepanyan, Vasily Krestyaninov, Alain Jocard, Anatoly Matlsev, David Harapetyan, Irakli Gedenidze, Reuters Greta, Anthony Pizzoferrato, Samantha Power, Power, Astrig Agopian, Novlet, David Ghahramanyan, Israel Organizations: CNN, Azerbaijan, Applied Policy Research Institute, Israel Aerospace Industries, IAI, Autonomous Robotics, Getty, Haaretz, Artsakh Defense Army –, Stockholm International Peace Research Institute, Azerbaijani Ministry of Defense, Israeli Ministry of Defense, Ovda Airport, Israel, Jerusalem Institute for Strategy, “, APRI, Artsakh Defense Army, Reuters, AP, Erebuni, PAN, AP Volunteers, Karabakh, Technologies, US Agency for International Development, Volunteers, Vehicles, Red Cross, People, Armenian Ministry of Foreign Affairs, European Union Locations: Nagorno, Karabakh, Stepanakert, Karabakh’s, Azerbaijan, Armenia, Rishon, Tel Aviv, AFP, Israel’s, Artsakh, Israel, Stockholm, Baku, Lachin, Iran, Iranian, Jerusalem, Ottoman, Turkey, Ottoman Empire, APRI Armenia, Syunik, Nakhchivan, Republic of Armenia, Goris, Yerevan, Kornidzor, Russia, United States

CNN —Russia is formally seeking to rejoin the United Nations’ Human Rights Council, nearly 18 months after it was suspended from the body following its invasion of Ukraine. Russia has been accused of a huge number of human rights abuses over the course of its war in Ukraine, and the International Criminal Court has issued an arrest warrant for its President Vladimir Putin over an alleged scheme to deport Ukrainian children to Russia. Russia had joined the council in January 2021, as one of 15 countries elected to serve a three-year term. Russia remains one of five permanent members of the UN’s Security Council, and no clear legal framework exists to remove it from that post. Moscow last took the presidency of that council, which rotates among the 15 members on a monthly basis, in April.

Persons: Vladimir Putin, Moscow “, Muammar Gaddafi Organizations: CNN, United Nations, Human Rights Council, UN, NATO, Human Rights, Human, European States, Assembly, UN’s Security Locations: Russia, Ukraine, Moscow, Albania, Bulgaria, China, Cuba, North Korea, Iran, Syria, Vietnam, Brazil, South Africa, Mexico, Egypt, Saudi Arabia, Libya

☆ Iran’s president defends uranium enrichment after Europeans ‘trampled on their commitments’
▼ + stars: | 2023-09-24 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +7 min

They (European states) trampled upon their commitments,” Raisi told CNN’s Fareed Zakaria in New York on the sidelines of the UN General Assembly this week. Nuclear power, which Iran says is the purpose of its nuclear program, requires uranium to be enriched to 3% to 5%. There is also concern that if Iran’s nuclear program is not kept in check, it could lead to further nuclear proliferation in the Middle East. The agreement capped Iranian uranium enrichment at 3.67% in exchange for sanctions relief. “Now, you see that the Iranians and the Americans have reached an understanding that has toned down Iran’s nuclear program, in which Europe played no role,” Vaez said.

Persons: Ebrahim Raisi, ” Raisi, CNN’s Fareed Zakaria, Saudi Arabia’s Crown Prince Mohammed bin Salman, Donald Trump, Ali Vaez, ” Vaez, Iran hasn’t, “, ” Organizations: CNN, “, UN, Assembly, International Atomic Energy Agency, IAEA, Reuters, Saudi Arabia’s Crown, European Union, US, Group, Tehran, ”, Iran’s, Agency, Crisis Locations: New York, Islamic Republic of Iran, Iran, Natanz, Tehran, Israel, East, United States, Washington, …, “, Islamic Republic, ” Tehran, France, Germany, United Kingdom, Europe, Qatar

☆ Ukraine allies back Kyiv's genocide challenge against Russia at World Court
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

Ukraine brought the case to the International Court of Justice (ICJ), the highest U.N. court for disputes between states, days after Russia launched a full scale war on its smaller neighbour on Feb. 24 last year. Kyiv argues that Russia is abusing the 1948 U.N. Genocide Convention, adopted in the aftermath of World War Two, by saying the invasion was justified to stop an alleged genocide in eastern Ukraine. Russia asked the court on Monday to throw out the case, claiming Kyiv's legal arguments were "hopelessly flawed" and that Moscow had not actually invoked the genocide treaty when it used the term genocide. Some 32 states will address the court, all in support of Ukraine, which wants the court to go on and hear the case on merit and find that Russia must pay reparations. Ukraine says there was no risk of genocide in eastern Ukraine, where it had been fighting Russian-backed forces since 2014.

Persons: Anton Korynevych, Oksana Zolotaryova, Alexander Vasilievich Shulgin, Gennady Kuzmin, Wiebke Ruckert, Stephanie van den Berg, Anthony Deutsch, Alexandra Hudson Organizations: Ukrainian Ministry of Foreign Affairs, International Law, Russia's, HAGUE, Wednesday, International Court of Justice, Convention, Kyiv, Alexandra Hudson Our, Thomson Locations: Russian, Netherlands, Australia, Canada, Russia, Ukraine, Moscow

☆ US philanthropist Buffett warns against Ukraine 'fatigue'
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +3 min

Howard Buffett, a businessman and philanthropist, speaks during an interview with Reuters, amid Russia's attack on Ukraine, in Kyiv, Ukraine September 20, 2023. REUTERS/Yurii Kovalenko Acquire Licensing RightsKYIV, Sept 20 (Reuters) - U.S. businessman and philanthropist Howard Buffett said on Wednesday Western public interest in the war in Ukraine could wane in the coming year, and that he may step up his own support for Ukraine to set an example. Buffett said the idea that Ukraine "fatigue" could set in among the public in the West showed that Kyiv's allies should double down on their support. I think the U.S. and Europe have to step up even more and help Ukraine win this war and put it to end." In some Eastern European states there are signs of more critical views over the extent of foreign military support for Ukraine, and anger among farmers who say Ukrainian food imports hurt their prices.

Persons: Howard Buffett, Yurii, Buffett, Warren Buffett, we're, Tom Balmforth, Alexandra Hudson Organizations: Reuters, REUTERS, Rights, United, Republican, Ukraine, Russia's, Alexandra Hudson Our, Thomson Locations: Ukraine, Kyiv, U.S, United States, Europe, Poland, Hungary, Slovakia

Away from the front, Ukraine’s war has become a numbers game: who can acquire, make and resupply more tanks, bullets, and, most of all, artillery shells. All in all, Kyiv needs some 1.5 million artillery shells annually, according to the CEO of one of Europe’s largest arms manufacturers, Rheinmetall. By July, the US had supplied more than two million artillery rounds to Ukraine since the 2022 invasion, the Pentagon said. But in February 2023, Europe-wide production of artillery ammunition had a maximum capacity of 300,000 shells annually, Estonian defense officials estimated. The best-case scenario of an increase to making 2.1 million shells annually is still years away from being realized.

Persons: Oleksandra Ustinova, ”, Volodymyr Zelensky, Armin Papperger, Papperger, William LaPlante, Diego Herrera Carcedo, Nammo, LaPlante, Tuuli Duneton, Morten Brandtzæg, “, ” Brandtzæg, you’re, Jérôme, Creuillot, it’s, Jonathan Caverley, hasn’t, Ignacio Marin, Caverley, Josep Borrell Organizations: CNN, Artillery, Rheinmetall, Pentagon, European, NATO, Defense, Anadolu Agency, Getty, Estonian, US Naval War College, EU Locations: Ukraine, Russia, Estonian, United Kingdom, Europe, Brussels, “, Kyiv, ”, Norway, France

☆ NN Group’s deal spree is finally delivering
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

LONDON, Aug 29 (Reuters Breakingviews) - NN Group (NN.AS) is reaping the benefits of scale in its Dutch backyard. Benign weather in the Netherlands, one of the few European states to escape extreme summer weather, helped. But the seeds of NN’s resurgence lie back in 2016 when it began a 3 billion euro deal splurge, first on domestic rival Delta Lloyd and then VIVAT’s general insurance arm. That helped it hike a 10% share of the general insurance market to 24% as of 2021. NN has outperformed its country rival Aegon (AEGN.AS), boosting shareholder returns by 64% since it bought Delta Lloyd in 2016.

Persons: David Knibbe, Elliott Advisors, Elliott, Delta Lloyd, Aimee Donnellan, Mukesh Ambani’s, Didi, George Hay, Oliver Taslic Organizations: Reuters, Chief, Delta, Aegon, Delta Lloyd, Thomson Locations: Netherlands

☆ What Putin will take away from the first Republican presidential debate
▼ + stars: | 2023-08-24 | by ( Stephen Collinson | ) edition.cnn.com time to read: +6 min

CNN —If Vladimir Putin was watching the Republican presidential debate on Wednesday night, he would have found one more reason to dig in for a long war of attrition in Ukraine. Entrepreneur Vivek Ramaswamy acted as Trump’s stand-in, mining a deep seam of skepticism over the war among GOP grassroots voters. Chris Christie, who recently returned from Ukraine, warned: “This is the Vladimir Putin, who Donald Trump called brilliant and a genius. The debate underscored one of the tragedies of the war for Ukraine. They can’t control what Putin does, which means their fate will also be on the ballot in the US in 2024.

Persons: Vladimir Putin, Donald Trump’s “, Ronald Reagan, Volodymyr Zelensky’s, Joe Biden, Trump, Ukraine’s, Biden, Vivek Ramaswamy, ” Ramaswamy, Ramaswamy, he’s, –, Chris Christie, Donald Trump, ”, Nikki Haley, Ukraine –, “, Haley, Mike Pence, Pence, Putin, it’s, ” Pence, Ron DeSantis, DeSantis, ” DeSantis, you’re, I’m Organizations: CNN, Republican, GOP, “, Former New Jersey Gov, United, Ukraine, Republicans, South, ”, Russia, China, Putin, NATO, Trump, Florida Gov Locations: Ukraine, Milwaukee, “ Ukraine, United States of America, Iraq, Vietnam, China, Russia, South Carolina, America, United States, Florida

France, which widened its heatwave red alert in the south of the country, said it would scale back production at a nuclear power plant as high temperatures curbed cooling water supply. The strait, linking the Aegean Sea and the Black Sea, is a major shipping route for commodities such as oil and grains. It said some areas of southern France would experience temperatures of 42 degree Celsius (108 degrees Fahrenheit). The authorities widened a heatwave red alert for the south of the country, while officials urged some mountain climbers to postpone their activities and told grape pickers to work in the morning to avoid the extreme heat. Italy issued heatwave red alerts about "emergency conditions" that the health ministry says could endanger the healthy as well as the frail in 17 of its 27 main cities for Wednesday and Thursday, including Rome, Milan, Florence and Venice.

Persons: Firefighters, Vassilis Kikilias, herder, Saint Alban, Karolina Tagaris, Alexandros Avramidis, Ezgi, Zhifan Liu, Forrest Crellin, Nacho Doce, Violeta Santos Moura, Crispian Balmer, Charlie Devereux, Edmund Blair Organizations: Migration Ministry, Residents, Civil, European Union, EDF, Saint, Fundacion Madrina, Firefighters, Wednesday, Thomson Locations: Athens, Turkey, Dardanelles, France, Italy, ATHENS, ISTANBUL, Europe, Greece, Menidi, Amygdaleza, Fyli, Alexandroupolis, Evros, East, Asia, Turkey's, Canakkale, Meteo, Spain, Tenerife, Rome, Milan, Florence, Venice

☆ China praises Ukraine talks in Saudi that Russia said were ‘doomed to fail’
▼ + stars: | 2023-08-07 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +4 min

Kremlin officials said Russia had not been invited to the talks but was monitoring them, state media reported. Beijing had steered clear of a previous round of talks in Denmark in June, but has deepened ties with Saudi Arabia in recent years. China scored a diplomatic win in the Middle East earlier this year when it helped broker a landmark normalization deal between Saudi Arabia and Iran. In a statement from the Saudi Press Agency (SPA), Saudi Arabia stressed the importance of “benefiting from views and positive suggestions” made during the meeting. In the meantime, the prospect of direct peace talks between Russia and Ukraine seem as far-fetched as ever, as the grueling war approaches the 18-month mark.

Persons: “, Musaed bin Mohammed Al, Jake Sullivan, Eurasian Affairs Li Hui, Li “, …, ”, Li, Xi Jinping, Vladimir Putin, ” “, Dmytro Kuleba, Russia –, Sergei Ryabkov, Ryabkov Organizations: CNN, Beijing, Reuters, Kremlin, Saudi, Aiba, Eurasian Affairs, Western, China, Russia, Moscow ”, Saudi Press Agency Locations: Ukraine, Saudi Arabia, Russia, China, Jeddah, United States, Beijing, Denmark, Saudi, Moscow, Ukraine’s, Kyiv, ” “ Saudi Arabia, Ukrainian, Riyadh, Iran, OPEC, India

☆ Ukraine and Poland call in envoys after war support comments
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +3 min

Kyiv and Warsaw have been firm allies throughout the conflict that erupted with the Russian invasion of Ukraine in February 2022. Ukrainian foreign ministry spokesperson Oleh Nikolenko said the Polish ambassador was told in the meeting that statements about Ukraine's alleged ungratefulness for Poland's help were "untrue and unacceptable". Poland also called in the Ukrainian ambassador to Warsaw in response to the "comments of representatives of Ukrainian authorities", Poland's Ministry of Foreign Affairs wrote on the X platform, formerly known as Twitter. He also said: "I think it would be worthwhile for (Kyiv) to start appreciating what role Poland has played for Ukraine over past months and years." The Polish foreign ministry did not respond to a request for comment on Tuesday.

Persons: Marcin Przydacz, Oleh Nikolenko, Ukraine's, Przydacz, Poland, Anna Pruchnicka, Christina Fincher, Alex Richardson, Angus MacSwan, Alison Williams Organizations: Poland's Ministry of Foreign Affairs, Twitter, Kyiv, Ukraine, European Union, EU, European Commission, Thomson Locations: Ukraine, Poland, Russia, Polish, Kyiv, Warsaw, Ukrainian, Bulgaria, Hungary, Romania, Slovakia, Central European

☆ German ATMs keep getting bombed as a crime wave exploits the country's preference for cash
▼ + stars: | 2023-07-24 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

In the past few years, Germany has become a hotbed for ATM bombings, the Financial Times wrote. That's because Germans still favor cash over electronic payments, making ATMs ripe targets. Last year, about 30 million euros were stolen via ATM bombings, up 53% from a year earlier. That translated to 30 million euros that were stolen via ATM bombings last year, up 53% from a year earlier. Meanwhile, attempts to fortify ATMs against earlier types of detonations were thwarted when the criminals switched to different explosives, according to the FT.

Persons: That's Organizations: Financial Times, Service, Federal Criminal Police Office, FT Locations: Germany, Wall, Silicon, Netherlands

☆ European official: EU likely to keep missile sanctions on Iran
▼ + stars: | 2023-07-18 | by ( Arshad Mohammed | ) www.reuters.com time to read: +3 min

WASHINGTON, July 18 (Reuters) - A European official on Tuesday said he expected no difficulty persuading EU nations to maintain ballistic missile sanctions on Iran that are due to expire in October. The official, who spoke on condition of anonymity, also said he sees a window of opportunity by the end of 2023 to try to negotiate a de-escalatory nuclear deal with Iran. In June, sources told Reuters that European diplomats had informed Iran they planned to retain EU ballistic missile sanctions set to expire in October under the nuclear deal, a step they said could provoke Iranian retaliation. Keeping the EU sanctions would reflect Western efforts to prevent Iran from developing nuclear weapons and the means to deliver them despite the collapse of the 2015 deal, which then-U.S. President Donald Trump abandoned in 2018. Asked if Britain, France and Germany, which were parties to the 2015 deal, had convinced the rest of EU to keep the ballistic missile sanctions, the European official replied: "It's nearly agreed.

Persons: Donald Trump, It's, Joe Biden's, Arshad Mohammed, Paul Grant, Tim Ahmann, Deepa Babington Organizations: Reuters, EU, Thomson Locations: Iran, Washington, Tehran, U.S, Ukraine, Russia, United States, Britain, France, Germany, EU, China

[1/4] An exterior view of the proposed site for the new China Embassy, near to Tower Bridge in London, Britain, June 23, 2023. That has led officials in Britain, which is trying to forge deeper economic ties post-Brexit, to fear it could also halt their own plans to rebuild its embassy in Beijing. Chinese officials told Reuters they suspected the British government had plotted to stop the embassy plans and orchestrated the local opposition. British officials, who declined to be identified, said they feared that London's plan to rebuild its embassy in Beijing would be affected. Residents say they are also worried about more local security issues.

Persons: Hannah McKay, Rishi Sunak, David Cameron, Xi Jinping, Michael Gove, Xi, Iain Duncan Smith, Dave Lake, Martin Quin Pollard, Kate Holton, Andrew Heavens Organizations: China Embassy, REUTERS, of, Reuters, British, Royal Mint, Conservative Party, Uyghur, Royal Mint Court Residents Association, Thomson Locations: London, Britain, Beijing London, of London, Beijing, China, Europe, Washington, United States, Hong Kong, Xinjiang, Sunak

☆ Analysis: Why Ukraine's plea for NATO membership is such a profound dilemma for the West
▼ + stars: | 2023-07-10 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

The president said that the alliance needed to lay out a “rational path” for Ukraine’s membership but that it was still short of some requirements for joining, including over democratization. NATO membership would also boost Ukraine’s bid to cement a democracy that was vulnerable before the war and fulfill the desire of many of its people to join the West. Lindsey Graham, a South Carolina Republican, and Richard Blumenthal, a Connecticut Democrat, last week introduced a resolution calling for a roadmap to Ukraine’s NATO membership as soon as it is practicable. “Guaranteeing Ukraine’s security would erode US security by increasingly the risk, obviously, of war with Russia,” he said. Even if Biden were to amend his position on accelerating NATO membership for Ukraine, he cannot ensure a successor would honor treaty obligations.

Persons: Joe Biden, Biden, ” Biden, CNN’s Fareed Zakaria, Volodymyr Zelensky, Vladimir Putin, ”, –, Putin, stiffen, Lindsey Graham, Richard Blumenthal, “, We’re, Michael McCaul, Ben Friedman, ” Friedman, Donald Trump, Zelensky Organizations: CNN, NATO, Ukrainian, ABC News, Kremlin, Warsaw, South Carolina Republican, Connecticut Democrat, Ukraine, GOP Rep, House Foreign Affairs Committee, Texas Republican, Defense, American, Soviet, Russia Locations: Europe, Ukraine, Moscow, Russia, Lithuania, Eastern Europe, Poland, Hungary, Romania, Baltic, Latvia, Estonia, Soviet Union, Bucharest, Sens, Connecticut, Russian, United Kingdom, “ State, Western Europe, Israel, Taiwan, United States, Eastern

Greek authorities said it was too soon to speculate on the total number. Greek authorities said it remained unclear how many the vessel was carrying when it went under, and that 104 people had been rescued by midday. We do not know how many people were in the hold," Greek coast guard spokesperson Nikos Alexiou told Greece's MEGA TV. [1/4] Rescuers transfer a migrant to an ambulance following a rescue operation after their boat capsized at open sea, in Kalamata, Greece, June 14, 2023. Italian authorities then alerted Greece to the vessel's presence, and the Greek coast guard approached it and offered help.

Persons: Kyriakos Mitsotakis, Nikos Alexiou, Greece's, Filippo Grandi, Stelios, Mitsotakis, Stamos Prousalis, Karolina Tagaris, Lefteris Papadimas, Renee Maltezou, Gabrielle Tetrault, Farber, John Stonestreet, Mark Heinrich Our Organizations: European Union, ERT, Twitter, Greece's MEGA, Refugees, REUTERS, EU, Frontex, NATO, Wednesday, United Nations, Reuters, Thomson Locations: KALAMATA, Greece, East, Asia, Africa, Turkey, Italy, Libyan, Tobruk, Crete, Europe, Kalamata, Pylos, capsizing, Egypt, Syria, Pakistan, Athens, Libya, EU, Europe's, Geneva, Reuters Libya

OECD senior tax official John Peterson declined to comment about the outcome of the meeting, citing confidentiality rules. However, he said if one country compensates a multinational with "targeted benefits, for example in the form of grants or tax credits" it would no longer be able to raise revenues from a top-up tax. In that case, the company "will simply be subject to additional top-up tax, equal to the same amount, in another jurisdiction." Decisions on compensation would be taken case by case and no direct link would be established between handouts and the top-up tax, the source added. Asked whether the planned rules could be considered a direct subsidy to offset multinationals' higher taxes, the OECD declined to comment as Vietnam's plans had not been finalised.

Persons: John Peterson, Nguyen Thanh Lam, Francesco Guarascio, Phuong Nguyen Organizations: OECD, Economic Cooperation, Development, Vietnam, Reuters, Samsung Electronics, Intel, Samsung, Thomson Locations: Vietnam, HANOI, China, Hanoi, Korea, handouts

[1/2] An Air France aircraft, operated with sustainable aviation fuel (SAF) produced by TotalEnergies, is refueled before its first flight from Nice to Paris at Nice airport, France, October 1, 2021. REUTERS/Eric Gaillard/File PhotoISTANBUL, June 5 (Reuters) - Airlines took aim at Europe over green fuel mandates and its failures to stem France's air traffic control strikes as they weigh on carrier capacities at a global airlines meeting in Istanbul on Monday. In 2021, the body released its strategy to achieve net-zero carbon emissions by 2050, including a progressive increase in sustainable aviation fuel use. A global approach to book and claim for SAF credits will help facilitate economies of scale in SAF production," he said. FRAGMENTATIONHowever, IATA said the EU's approach could cause more fragmentation by forcing airlines to buy SAF in Europe, ultimately hampering a harmonized global approach and sowing confusion.

Persons: Eric Gaillard, Willie Walsh, Walsh, Marie Owen Thomsen, Joanna Plucinska, David Evans Organizations: Air France, REUTERS, Airlines, EU, SAF, Air Transport Association, Officials, Chicago Convention, Activists, Thomson Locations: Nice, France, ISTANBUL, Europe, Istanbul, United States, COVID

South Korean companies do not disclose the unit prices for their weapons, which are often sold with support vehicles and spare parts. That will include building South Korean arms on license in Poland, officials in Seoul and Warsaw said. "It may work for some countries at very, very low volume," he added of Polish-brokered South Korean weapons sales, discussing challenges the joint operation might face. The 2022 arms deal began with South Korean companies signing a framework agreement with the Polish government. Seoul has since approved at least some South Korean weapons components for use in Ukraine.

☆ How do you solve a problem like AI? Tax it
▼ + stars: | 2023-05-18 | by ( John Foley | ) www.reuters.com time to read: +6 min

The chances of “generative AI” being put back in its box are very small. Goldman Sachs economists estimate that 18% of work could be automated globally, and that 7% of the U.S. workforce might be substituted by AI. Moreover, while AI will create profit windfalls, many countries don’t tax those as effectively as they ought to. But a dollar of saved costs for a company creates only 21 cents in corporate income tax revenue. Capital gains are still taxed below the level of income in most countries.

☆ The Latest Rift Among Ukraine’s Allies Is Whether to Send F-16s
▼ + stars: | 2023-05-17 | by ( Lara Jakes | Eric Schmitt | ) www.nytimes.com time to read: +1 min

A fresh push by Britain and the Netherlands to provide Ukraine with F-16 fighter planes has exposed the latest fault line among Western allies who have wrangled repeatedly over sending powerful weapons of war, once again pitting a reluctant United States against some of its closest European partners. Several European allies are prepared to give their F-16s to Ukraine. But the Biden administration, which must approve any transfers of the American-made planes, remains unconvinced that Ukraine needs the expensive jets, which are a staple of many modern military arsenals. So deep is Washington’s skepticism that Kyiv’s pilots are currently not even allowed to train on the F-16s that are owned by European states, according to a senior Ukrainian official who spoke on condition of anonymity to frankly discuss the sensitive diplomatic issue. American reluctance to allow training would severely limit a proposed new European coalition to help Ukraine obtain and fly F-16s — whether in the current conflict or to protect against any future aggressions by Moscow after the West turns its focus from the 15-month war.

London CNN —Britain and the Netherlands are working on an “international coalition” to help Ukraine procure F-16 fighter jets that Kyiv says are vital to its defense as Russia ramps up its aerial strikes, a spokesperson for UK Prime Minister Rishi Sunak said Tuesday. Ukraine, which has been saying the fighter jets are essential to defend against Russian missile and drone attacks, welcomed the announcement from the British and Dutch leaders. Britain does not have F-16s in its air force, but the Netherlands and Belgium do. Early on in the war, the US believed that supplying Ukraine with new fighter jets would risk an escalation between NATO and Russia. Any movement of F-16s to Ukraine would require US approval and US President Joe Biden said earlier this year that Kyiv did not need the fighter jets.

Search resuls for: "European States"

25 mentions found