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For the second time as governor of South Dakota, Kristi Noem has been banished from the Pine Ridge Indian Reservation. Noem’s mention of the gang, he said, was the first time he had heard of it or its possible presence on the reservation. In 2018, as a Representative in the South Dakota Legislature, she proposed legislation that would allow federal authorities to arrest people on tribal lands for state crimes. Tony Mangan, a spokesperson for the South Dakota Attorney General’s office, said the Ghost Dancers are affiliated with a motorcycle gang called the Bandidos. Around the country, tribal nations adopted the practice, and in South Dakota it became part of one of America’s most infamous massacres.

Persons: Kristi Noem, ”, Frank Star, Donald Trump, Noem, Ian Fury, didn’t, Tony Mangan, Mangan, ” Noem, Bull, Sitting Bull, Trump, Nick Estes, “, hasn’t, ___ Graham Brewer, Trisha Ahmed, @TrishaAhmed15 Organizations: Oglala Sioux Tribe, Oglala Sioux, Republican, South Dakota Legislature, South Dakota Attorney, U.S, Pipeline, Oglala, Oglala Sioux Tribal, American Civil Liberties Union of, American Indian Studies, University of Minnesota, Trump, Associated Press, America Statehouse News Initiative, America Locations: South Dakota, Pine, Oglala, Texas, U.S, Mexico, American, Rapid City, resiliency, Sioux, Oglala Sioux, American Civil Liberties Union of South Dakota, Lower Brule Sioux, States, Connecticut

☆ Phillip Mehrtens: Militants squabble over fate of New Zealand pilot on anniversary of his kidnapping
▼ + stars: | 2024-02-06 | by ( Angus Watson | ) edition.cnn.com time to read: +8 min

CNN —Militant rebels in Indonesia’s restive West Papua are urging their most feared comrade to release a New Zealand pilot held hostage for a year. Mehrtens’ captors initially threatened to kill him unless New Zealand agreed to pressure Indonesia into allowing West Papua to secede from Indonesia, a seemingly impossible demand. West Papua separatist fighters release images of their hostage soon after his capture in February 2023. West Papua National Liberation ArmyFailed rescue effortsGrainy proof of life videos sent by the rebels between February and November 2023 show Mehrtens growing thinner and more unkempt. “The Indonesian response is dictated by the Indonesian military and their view is that they will hunt down this group, kill the leaders and release Mehrtens,” Kingsbury said.

Persons: Eganius Koyega, Phillip Mehrtens, Mehrtens ’, Mehrtens, Koyega, ” Koyega, ” TPNPB, Terryanus Satto, aren’t, hasn’t, Damien Kingsbury, ”, Winston Peters, Christmas Phillip, ” Peters, ” Kingsbury, “, Cammi Webb, Gannon, ’ ”, Webb, ” Webb, TPNB, Andreas Harsono, Prabowo Subianto, “ Prabowo, ” Harsono Organizations: CNN — Militant, New, Koyega, West Papuan National Liberation Army, Free Papua Movement, West Papua National Liberation Army, Indonesian Army, New Zealand, New Zealand Foreign Affairs, New Zealand Government, CNN, Australia’s University of Wollongong, Indonesian, Human Rights Watch, Rights, West Locations: Indonesia’s restive West Papua, Zealand, Nduga, New Zealand, Indonesia, West Papua, Indonesian, Papuan, West, New, Australia, Jakarta, “, ” West Papua, Papua

☆ New Blow for Thai Election Winners as Lawyer Launches Dissolution Bid
▼ + stars: | 2024-02-01 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

The constitution states the king is enshrined to be held in a position of "revered worship". The election commission will weigh the merits of the complaint and whether to send it to the Constitutional Court to decide on party dissolution, which could see its executives banned from politics for a decade. Its predecessor, Future Forward, had championed similar policies and was disbanded in 2020 for violating campaign funding rules. "The election commission must take into account (yesterday's) case ... the commission must carry out its duties and cannot remain idle," Ruangkrai told reporters. Move Forward has rejected accusations that it sought to undermine the monarchy and says it wanted to prevent the wrongful use of the royal insults law.

Persons: Ruangkrai Leekitwattana, Ruangkrai, Panarat Thepgumpanat, Chayut Setboonsarng, Panu, Martin Petty Organizations: Thailand's, Party, Constitutional Locations: BANGKOK, Thailand

SRINAGAR, India (AP) — For decades, India has focused its defense policy on its land borders with rivals Pakistan and China. Unless you are a maritime power you can never aspire to be a global power,” Chawla said. India, already a regional power, is positioning itself “as a global player today, an upcoming global power,” he said. Though we don’t own it, but we are probably the most capable and responsible resident naval power,” Chawla said. Chawla said India doesn't have “strength to project power into the South China Sea right now” because of the vast Chinese maritime assets there.

Persons: Adm, Anil Kumar Chawla, “, ” Chawla, ”, Darshana, Chawla, it’s Organizations: Pakistan, Hamas, U.S, Carnegie Endowment, International, Ocean Initiative, NATO Locations: SRINAGAR, India, China, Yemen, Iran, Tehran, Red, Gaza, U.S, Visakhapatnam, Marshall, Gulf, Aden, Picardy, “ China, South China, Beijing, Bangladesh, Sri Lanka, Maldives, Australia, Japan, Pacific, South, Asia, asia

Part motel, part new-age clinic, the facility offers nightly rentals in rooms that come equipped with “BioHealers” –- canisters that the company claims exude “life force energy,” or biophotons. “There are some forces driving that: obviously the internet and social media, and distrust of traditional medicine, traditional science. Given the primary importance of health, it’s hardly surprising that unproven medical claims and products that seem too-good-to-be-true have a long history in America. “ Distrust of government and distrust of major institutions makes people vulnerable,” said Stephen Barrett, a psychiatrist and expert in unproven medical claims who launched the organization Quackwatch in the 1970s to highlight medical scams. As a result, low-level hucksters or those peddling unproven treatments often don’t get as much attention.

Persons: BUTLER, exude, Tesla, Dr, James Liu, ”, Liu, Timothy Caulfield, Medbeds, Donald Trump, “ I’m, medbeds, ” Liu, it’s, John Brinkley, they’ve, Alex Jones, Trump, Stephen Barrett, Elon Musk, Nikola Tesla, Seth Robinson, Robinson doesn’t, We’re, Tesla’s, I’ve, Caulfield, ” Caulfield, “ It’s, ” Tesla’s, Bahman Anvari, It’s Organizations: Tesla, MedBed, Penn State University, “, University of Alberta, Walmart, Associated Press, Drug Administration, Elon, FDA, AP, University of California Locations: Pa, Pittsburgh, China, New Jersey, Butler, Tennessee, America, Florida, Delaware, Riverside

☆ Hong Kong already has a national security law. Now its leader is pushing for another one
▼ + stars: | 2024-01-30 | by ( Nectar Gan | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —Hong Kong on Tuesday formally began the process of enacting a controversial homegrown national security law in a move that could have deep ramifications for the city’s status as a global financial hub. Beijing’s national security crackdown of recent years has transformed once-freewheeling Hong Kong, silencing almost all dissent and jailing dozens of political opponents. Under Hong Kong’s mini-constitution agreed by the two powers, the city is required to enact laws to prohibit acts that endanger national security. “Foreign agents and Hong Kong independence ideas are still lurking in Hong Kong society.”Hong Kong Chief Executive John Lee speaks during a press conference at government headquarters in Hong Kong on January 30, 2024. The new security law could bring further uncertainty for Hong Kong, which is striving to maintain its status as Asia’s premier financial hub following three years of strict Covid restrictions and Beijing’s national security crackdown.

Persons: Hong, it’s, John Lee, ”, It’s, we’ve, ” Lee, Lee, Peter Parks, Chris Tang, ” Tang, Tang Organizations: Hong Kong CNN, Tuesday, Hong, CIA, British, Getty Locations: Hong Kong, Beijing, China, AFP, Hong Kong’s, East, West

☆ New Zealand Withdraws Bill Allowing 16-Year-Olds to Vote in Local Body Elections
▼ + stars: | 2024-01-25 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

By Lucy CraymerWELLINGTON (Reuters) - The New Zealand government on Friday withdrew a bill that would have allowed sixteen year olds to vote in local government elections if it had passed. New Zealand's highest court ruled in late 2022 that the country's current voting age of 18 was discriminatory, forcing parliament to discuss whether it should be lowered. The previous Labour government last year ruled out the possibility of lowering the voting age to 16 for national elections, but had sought to legislate a lower voting age for local government elections. "Worrying about how to implement a new voting age regime would be a costly distraction for councils who have enough issues to deal with right now," he said. "Democracy is when voters choose their politicians, not when politicians choose their voters," they said in a statement posted on X, formerly known as Twitter.

Persons: Lucy Craymer WELLINGTON, Simeon Brown, Lucy Craymer, Lincoln Organizations: Reuters, New, Friday, Labour, Local, National Party, Twitter Locations: New Zealand

The state House will be tied 54-54 until at least April, when special elections for two open seats are set to be held. "We will build a Michigan where if you get knocked down, you have the support you need to get back up. Political Cartoons View All 253 ImagesMuch of work highlighted in Whitmer's speech aligned with the key issues that national Democrats are stressing ahead of the November election. It remains to be seen how soon, if at all, Whitmer's initiatives will be brought before state lawmakers. Democrats are expected to win both seats easily, which would allow them to push through their agenda beginning in late April.

Persons: Gretchen Whitmer, ”, Whitmer, “, Joe Biden's, Matt Hall, Aric Nesbitt Organizations: —, Democratic Locations: LANSING, Mich, — Michigan, State, Michigan

☆ Australia Imposes Sanctions on Russian Hacker Over Medibank Breach
▼ + stars: | 2024-01-22 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

By Renju JoseSYDNEY (Reuters) - Australia on Tuesday imposed cyber sanctions on a Russian man for his role in the breach at insurer Medibank, one of the country's biggest data thefts which impacted about 10 million customers. Targeted financial sanctions and a travel ban have been imposed on Russian citizen Aleksandr Ermakov after Australian authorities linked him to the breach at Medibank, Home Affairs Minister Clare O'Neil said during a press briefing. This is the first time Australia has used its cyber sanctions framework since legislating it in 2021. Medibank in 2022 disclosed that a hacker stole the personal information of 9.7 million current and former customers, and released the data on the dark web. Hackers in November hit DP World Australia, one of the country's largest ports operators, forcing it to suspend operations for three days.

Persons: Renju Jose SYDNEY, Aleksandr Ermakov, Clare O'Neil, they're scumbags, we'll, O'Neil, Renju Jose, Jonathan Oatis, Stephen Coates Organizations: Medibank, cybercrime, Home Affairs Locations: Australia, Victoria, Sydney

☆ Turnout drops and voters get more conservative in Trump’s decisive Iowa victory
▼ + stars: | 2024-01-16 | by ( Zachary Wolf | Analysis Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

Two-thirds of Republican voters don’t think President Joe Biden’s 2020 victory was legitimate, despite all evidence to the contrary. Iowa caucusgoers, unlike most of the country, overwhelmingly support banning most or all abortions nationwide. Iowa voters could be asked on the general election ballot to make clear there is no right to abortion guaranteed in their state’s constitution. While Trump held a commanding lead among Iowa caucusgoers without college degrees, college graduates were more closely divided among Trump, former South Carolina Gov. But she made clear this week that she would ultimately support Trump if he’s the nominee.

Persons: Donald Trump’s, MAGA, Trump, Joe Biden’s, caucusgoers, Biden, Sen, Ted Cruz, Ariel Edwards, Levy, Nikki Haley, Ron DeSantis, ”, Republican caucusgoers, it’s, Jack Smith, Kim Reynolds, “ I’m, Chris Sununu, Haley, Sununu, CNN’s Kaitlan Collins, he’s, “, – there’s, Chris Christie, DeSantis Organizations: CNN, Iowa Republican, GOP, Republican, Trump, Republicans, Voters, Iowa’s Republican, Iowa, GOP CNN, South Carolina Gov, Florida Gov, White, Iowa Gov, Fox News, New, New Hampshire Gov, New Jersey Gov Locations: Iowa, Ted Cruz of Texas, Caucusgoers, Washington, DC, New Hampshire, New Jersey

☆ Iran seizes oil tanker in the Gulf of Oman
▼ + stars: | 2024-01-11 | by ( Mostafa Salem | Adam Pourahmadi | ) edition.cnn.com time to read: +3 min

Abu Dhabi CNN —Iran has seized an oil tanker in the Gulf of Oman and is transferring it to an Iranian port in retaliation for the United States confiscating the same vessel and its oil last year, Tasnim News Agency reported Thursday. The Strait of Hormuz at the northern end of the Gulf of Oman is the biggest oil chokepoint in the world. A maritime monitoring website, Tanker Trackers, said the vessel seized Thursday was a Marshall Islands-flagged crude oil tanker named St Nikolas, formerly known as the Suez Rajan. Almost 1 million barrels of Iranian crude oil were seized by the US government at the time, the DOJ said. The Suez Rajan transported the contraband to the United States and “incurred the significant expenses associated with the vessel’s voyage to the United States,” according to the DOJ.

Persons: St Nicholas, ”, UKMTO, Nikolas, Suez Rajan, “ Organizations: Abu Dhabi CNN, Tasnim News Agency, Islamic Revolutionary Guard Corps, Navy, United Nations, CNN, United Kingdom Maritime Trade Operations, ship’s Company, Oil, Tanker, US Department of Justice, DOJ, Emergency Economic, Navigation Locations: Abu Dhabi, Iran, Gulf of Oman, Iranian, United States, Oman, Islamic Republic, Gulf, Yemen, Gaza, Africa, Israel, Hormuz, Marshall, Suez, China

☆ New Zealand's central bank defends Maori language use
▼ + stars: | 2023-11-29 | by ( Lucy Craymer | ) www.reuters.com time to read: +2 min

[1/3] Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr is pictured during an interview at the bank in Wellington, New Zealand, April 16, 2019. REUTERS/Charlotte Greenfield/File Photo Acquire Licensing RightsWELLINGTON, Nov 29 (Reuters) - New Zealand’s central bank chief defended its use of the Maori language in official communications on Wednesday, as the country’s new centre-right government looks to roll back the use of the Indigenous language in the public sector. Central bank governor Adrian Orr said at a media conference following the bank’s monetary policy meeting that it was proud of its Maori name "Te Putea Matua" and would continue to use it in addition to the Reserve Bank of New Zealand (RBNZ). Over the past few years, the RBNZ has undergone an overhaul that puts the country's Maori heritage and language at the centre of its operations. The government has not released specific details on the policies and it is unclear whether they would directly impact the central bank.

Persons: Adrian Orr, Charlotte Greenfield, Orr, Christopher Luxon's, Luxon, Lucy Craymer, Sam Holmes Organizations: Bank of New Zealand, REUTERS, Rights, Reserve Bank of New Zealand, Labour, New Zealand, prudential, Thomson Locations: Wellington , New Zealand, Central, Te Ao

Local governments plan to use the proceeds of the latest bond sales to purchase equity or convertible bonds from smaller banks, most of them state-owned, effectively recapitalising them, according to the deal prospectuses. DEEPER IN DEBTThe intensified efforts to support smaller banks also come amid growing worries about the impact of ballooning local government debt on the economy. While policymakers are highly concerned over rising debt levels, Beijing has little option but to support smaller banks to contain spillover risks, analysts said. It was not immediately clear if the central authorities had given any guidance to the local governments on recapitalising smaller banks, and who were the buyers of these special-purpose bonds. "Local governments are a likely the first line of defense whenever regional banks become stressed," they said.

Persons: Kim Kyung, Gavekal, Zhang Xiaoxi, Pan Gongsheng, Ziyi Tang, Ryan Woo, Sumeet Chatterjee, Kim Coghill Organizations: People's Bank of China, REUTERS, Rights, China Electronic Local Government Bond, Authorities, National Financial Regulatory Administration, International Monetary Fund, Beijing, Thomson Locations: Beijing, Rights BEIJING, China, Henan, China's, Liaoning, Yunnan, Inner Mongolia

☆ 'Vote of confidence': UK hails $37 billion of foreign investment
▼ + stars: | 2023-11-26 | by ( Alistair Smout | ) www.reuters.com time to read: +5 min

Australian funds IFM Investors and Aware Super will pump 10 billion pounds and 5 billion pounds, respectively, into projects ranging from infrastructure and energy transition to affordable housing, Sunak's Downing Street office said in a statement. It added that Spanish power giant Iberdrola (IBE.MC) would add 7 billion pounds to its investment plans in Britain, which include transmission and distribution electricity networks. France has overtaken Britain as the European country with the highest number of new FDI projects. President Emmanuel Macron announced 13 billion euros ($14 billion) of investment commitments in France at a similar FDI gathering in May. "It wants to deal with one person," investment minister Dominic Johnson told Reuters, adding ministers could then have "very strong, frank discussions with the international investment community about how we can make the environment more investable".

Persons: Rishi Sunak, Kemi Badenoch, Sunak's, Iberdrola, Sunak, Emmanuel Macron, Stephen Schwarzman, David Solomon, Goldman Sachs, Jamie Dimon, JP Morgan Chase, Amanda Blanc, Dominic Johnson, IFM, King Charles, William Schomberg, Alistair Smout, Louise Heavens, Mark Potter Organizations: British, Global Investment, Business, IFM, Microsoft, Blackstone, LBC, Nissan, Reuters, Thomson Locations: Hampton, East Molesey, Surrey, Britain, France, Germany, England, Buckingham

☆ Italians face disruption as workers strike over government budget
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Remo Casilli Acquire Licensing RightsROME, Nov 17 (Reuters) - Italians faced disruption on Friday as transport workers and other public sector employees from two of the country's largest unions went on strike in protest over the government's budget plans for 2024. The CGIL and UIL unions have called a general strike in the central regions of Italy, as well as a walkout by public sector employees across the country. Salvini, who is also transport minister, said he was making sure Italians could still go about their business on Friday. "Yes there is the right to strike, but it's satisfying to protect the right to work for the overwhelming majority of Italians," he told broadcaster Rai's TG2 news programme on Thursday. Striking workers are expected to hold a rally in Rome's central Piazza del Popolo to protest against Prime Minister Giorgia Meloni's right-wing government.

Persons: Giorgia Meloni, Remo Casilli, Matteo Salvini, Maurizio Landini, Salvini, Giorgia Meloni's, Italy's, Keith Weir, Sharon Singleton Organizations: Italian, CGIL, UIL, REUTERS, Rights, la Repubblica, TG2, Union, Thomson Locations: Piazza del, Rome, Italy, Rome's, Piazza

The Biden administration is still concerned about environmental, social and governance standards in Indonesia and is examining how a deal might work, the sources said. "There's a lot of work to do before we are able to formally announce negotiations on a critical minerals partnership," the person said. Indonesia does not have a free trade agreement with the United States. The only U.S. nickel mine is set to close in a few years, and the country has no nickel smelter, a risk to Biden's goal for the United States to lead in EV manufacturing. Many U.S. miners have said that the Biden administration should focus more on approving domestic projects than seeking international supply.

Persons: Joko Widodo, Joe Biden, Aditya Pradana, Biden, Katherine Tai, EVs, Talon, Trevor Hunnicutt, Ernest Scheyder, Fransiska, Grant McCool Organizations: United, Indonesia G20 Media, White, U.S, . Trade, Talon Metals, Tesla Inc, Thomson Locations: Rai Forest, Denpasar, Bali, Indonesia, Aditya Pradana Putra, WASHINGTON, United States, Washington, North America, China, North Dakota, Minnesota, Jakarta

☆ More questions than answers as Israeli PM Netanyahu seeks security control over Gaza
▼ + stars: | 2023-11-08 | by ( James Mackenzie | ) www.reuters.com time to read: +6 min

[1/2] Israeli prime minister Benjamin Netanyahu during a press conference with defense minister Yoav Gallant and Cabinet minister Benny Gantz in the Kirya military base in Tel Aviv , Israel , 28 October 2023. The challenges that are likely to confront any reshaped Israeli security mechanism have already been clearly demonstrated during more than 18 months of increasingly violent clashes in the nearby occupied West Bank. The PA used to run both Gaza and the West Bank, but was forcibly ousted from Gaza by Hamas in 2007, and now only governs sections of the West Bank, which is dotted with ever-growing Jewish settlements. Dermer said that while Israeli troops had physically entered West Bank towns, they had essentially been absent from Gaza for the last 17 years. Jordan's former deputy prime minister, Marwan Muasher, told Reuters he had seen no convincing initiative on how Gaza might be governed once the conflict ended.

Persons: Benjamin Netanyahu, Yoav Gallant, Benny Gantz, Benjamin Netanyahu's, Israel, Netanyahu, Gantz, Ron Dermer, Antony Blinken, It's, Ariel Sharon, Mohammad Shtayyeh, Dermer, Jordan's, Marwan Muasher, Muasher, James Mackenzie, John Geddie, Crispian Balmer, Daniel Wallis Organizations: Rights, U.S, NBC, United Nations, Israel, West Bank, Palestinian Authority, Palestinian, Reuters, Carnegie Endowment, International Peace, Thomson Locations: Tel Aviv, Israel, ABIR, Gaza, Palestinian, United States, Tokyo, West, Oslo, Nablus, Jenin, West Bank, Washington, Dubai

☆ Japan's inflation-adjusted wages slip in September for 18th month
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Androniki Christodoulou/File Photo Acquire Licensing RightsTOKYO, Nov 7 (Reuters) - Japan's real wages slipped in September for an 18th month, government data showed on Tuesday, with rising prices squeezing consumers' purchasing power, and likely to add to pressure from labour groups for higher wage increases. Financial markets worldwide pay close attention to the wage trends in the world's third-largest economy. Inflation-adjusted real wages, a barometer of consumer purchasing power, dropped in September by 2.4% from a year earlier after a revised 2.8% fall the month before, data from the Ministry of Health, Labour and Welfare showed. Base salary growth in September advanced by 1.4% year-on-year, from a revised 1.2% increase the previous month, the data showed. Overtime pay, a gauge of business activity, went up in September by 0.7% year-on-year, after a revised 0.2% gain in August.

Persons: Androniki, Fumio Kishida's, Satoshi Sugiyama, Robert Birsel Organizations: REUTERS, Rights, Financial, Bank of Japan, Ministry of Health, Labour, Welfare, Rengo, UA, Thomson Locations: Tokyo, Japan, Base

☆ Japan service activity posts slowest growth this year - PMI
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Nov 6 (Reuters) - Japan's services activity expanded at the slowest pace this year in October, a business survey showed on Monday, reinforcing concerns that the key sector propelling economic growth is continuing to soften. The final au Jibun Bank Service purchasing managers' index (PMI) fell to 51.6 in October from 53.8 in September, beset by weak demand. "While the PMI data continue to make positive reading for the Japanese service sector, the recent trends suggest that growth is on the wane," said Andrew Harker, economics director at S&P Global. Employment returned to growth, but retirements offset the overall pace of job creation, the survey found. The worsening conflict in the Middle East and slower growth in China cloud the outlook for Japan, among the largest economies in the world.

Persons: Andrew Harker, Satoshi Sugiyama, Sam Holmes Organizations: Jibun Bank Service, P Global Intelligence, PMI, P, Employment, Thomson Locations: TOKYO, China, Japan

☆ Australia-China: After seven years of strain, leader Albanese heads to Beijing
▼ + stars: | 2023-11-04 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

Stakes are high for the four-day visit, which begins on Saturday and will see Albanese meet with Chinese leader Xi Jinping and Premier Li Qiang and make stops in Beijing and Shanghai. Albanese’s trip also carries symbolic overtones, marking 50 years since the first official visit by an Australian leader to Communist China after the two countries established ties. James Bugg/Bloomberg/Getty ImagesUS relations loomAlbanese is heading to Beijing less than two weeks after he met with US President Joe Biden in Washington. As he aims to repair ties with China, Albanese will need to walk a line between these interests and China’s suspicions about the aims of these blocs, analysts say. “Beijing came to learn that the weaponization of trade did not force a close US ally to back down,” said Collinson.

Persons: Hong Kong CNN —, Anthony Albanese, Albanese, Xi Jinping, Li Qiang, Scott Morrison’s, Jingdong Yuan, ”, Cheng Lei, Yang Hengjun, Yang, ” Albanese, Elena Collinson, teeters, ” Collinson, James Bugg, Joe Biden, “ Albanese, Yuan, Xi, Biden, Collinson, “ Organizations: Hong Kong CNN, China’s Foreign Ministry, University of Sydney, Reuters, Huawei, Albanese’s Labor, Canberra, Albanese’s, University of Technology Sydney’s, China Relations Institute, Trans, Pacific, Bloomberg, Getty, Albanese, China, China - Asia Security, Stockholm International Peace Research Institute, Economic Cooperation, Australia Locations: Hong Kong, China, Beijing, Shanghai, Australia, Washington, Seoul, Communist China, Asia, Pacific, Darwin, Pacific Islands, South, University of Technology Sydney’s Australia, Europe, Yarra, Victoria, South China, United Kingdom, Japan, India, Sydney, Stockholm, San Fransisco

Mining companies in the West are facing two overarching challenges in trying to produce enough metals to enable the energy transition, and at the same time build alternative supply chains to lessen their dependence on China. There is little doubt that Australia is a country well-placed to play a major role in supplying many of the metals vital to the energy transition. The previous models for developing mines appear no longer effective, and even if some projects do progress, they are nowhere near enough to provide enough material for the energy transition. Michael Willoughby, global head of metals, mining and transition materials at HSBC, told a forum at IMARC that there is capital available for mining, but it's located in developing countries such as China, Indonesia and Saudi Arabia. What's not being talked about is how all the new mines, mineral processing and renewable energy equipment is going to be funded.

Persons: Washington Alves, Michael Willoughby, Willoughby, Miral Organizations: Sigma Lithium Corp, REUTERS, Rights, Reuters . Mining, Mining, Resources Conference, HSBC, Reuters, Thomson Locations: Itinga, Minas Gerais, Brazil, China, Sydney, Asia, Australia, CHINA, Indonesia, Saudi Arabia, New South Wales, U.S

☆ BNP says tough economy could spur opportunities for bolt-on deals
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +1 min

PARIS, Oct 26 (Reuters) - Slower economic growth in 2024 could create more opportunities for bolt-on acquisitions, BNP Paribas (BNPP.PA) Chief Financial Officer Lars Machenil said on Thursday. "If the (economic) growth is a bit more timid, which is probably what we're going to see next year, then that fuelling of additional growth - natural, organic - will be a tad slower," Machenil said. Machenil didn't elaborate on the nature of the potential bolt-on acquisitions. "Depending on how the next year will unfold, yes (there) might (be a) shift a bit towards bolting on," he said. Reporting by Mathieu Rosemain Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Lars Machenil, Machenil, Mathieu Rosemain, Mark Potter Organizations: BNP, Deutsche, ABN Amro, Bank of, Thomson Locations: Bank

CARACAS, Venezuela (AP) — Venezuela’s chief prosecutor on Wednesday announced a criminal investigation into organizers of this past weekend's primary election that was meant to let voters choose an opposition candidate to run against President Nicolás Maduro next year. Attorney General Tarek William Saab told reporters the probe would look at allegations including that the independent National Primary Commission that organized Sunday's balloting was illegally usurping the duties of a government entity. The latest partial results released by the commission showed at least 2.3 million people within Venezuela and more than 132,000 outside the country voted Sunday. Machado, a former lawmaker, already has declared herself the winner after results showed her far ahead of nine other candidates. The partial results showed that with about 92% of tally sheets counted, Machado had 2,253,825 votes, or 92.35% of the total.

Persons: — Venezuela’s, Nicolás Maduro, Tarek William Saab, María Corina Machado, Saab, buffoonery, ” Saab, “, Machado Organizations: Wednesday, Commission, Saab, Electoral Council Locations: CARACAS, Venezuela

☆ Germany's economy ministry plans 50 bln euros boost for industry
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +2 min

German Economy and Climate Minister Robert Habeck holds a press conference about the autumn economic forecasts, in Berlin, Germany, October 11, 2023. REUTERS/Liesa Johannssen/File Photo Acquire Licensing RightsBERLIN, Oct 24 (Reuters) - Germany's economy ministry is planning 50 billion euros ($53 billion) in tax breaks over the next four years to help industry and businesses cope with high energy prices, according to a new industrial strategy to be presented Tuesday. The move is part of government efforts to support domestic industry in the face of high energy costs and the draw of incentive programmes in countries such as the United States. He also urged a quick agreement on discounted electricity prices for some parts of industry through state subsidies, a proposal that has been rejected by Chancellor Olaf Scholz. The government last year introduced electricity and gas price caps to shield industry and households from rising energy prices, but energy-intensive companies in Germany say electricity prices are still too high.

Persons: Robert Habeck, Liesa, Chancellor Olaf Scholz, Christian Kraemer, Miranda Murray, Rachel More, Mark Potter Organizations: Climate, REUTERS, Rights, Reuters, Thomson Locations: Berlin, Germany, United States, Russia, Ukraine

Machado, 56, had led her rivals by some 40 points in polls. Though five people were released, the Maduro government said last week that those with disqualifications cannot run in the 2024 contest. The opposition, which says the disqualifications are unlawful, has been reticent about what it would do if Machado wins the primary but is unable to compete in 2024. Machado has said she could pressure the electoral authorities to let her register, while others have argued a substitute will be necessary. Reporting by Vivian Sequera and Mayela Armas; Writing by Julia Symmes Cobb; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.

Persons: Maria Corina Machado, Nicolas Maduro, Machado, Carlos Prosperi, Maduro, Vivian Sequera, Mayela Armas, Julia Symmes Cobb, Tom Hogue Organizations: Venezuelan, Thomson Locations: Caracas, CARACAS, United States, Machado's

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