DIRS.INFO The most relevant business & tech news

☆ Sam Bankman-Fried Was a Grown Up Criminal, Not an Impulsive Man-Child
▼ + stars: | 2023-11-03 | by ( Ginia Bellafante | More About Ginia Bellafante | ) www.nytimes.com time to read: +2 min

Sam Bankman-Fried, crypto’s Icarus, was convicted of seven counts of fraud and conspiracy on Thursday night after a trial that generated 10 million pages of documents and only a few hours of jury deliberation. As ever, it is perhaps best to start from the very beginning. Or, in the specific absence of that, what would 12 ordinary people see when they were seated on the other side of the witness stand from him? The prosecution hoped that they would observe a grown man, steeped in self-contradiction and capable of criminality, rather than the 31-year-old boy Mr. Bankman-Fried appeared to be, someone whose adolescent enthusiasms and distractibility caused him to make billions of dollars worth of hapless, innocent errors. In the end, the jury saw only the duplicitous adult.

Persons: Sam Bankman, Michael Lewis, Bankman, “, Fried, Ostentatiously, Shakespeare, distractibility

☆ Breakingviews: SBF’s guilty verdict will help crypto break free
▼ + stars: | 2023-11-03 | by ( Anita Ramaswamy | ) www.reuters.com time to read: +4 min

REUTERS/Jane Rosenberg Acquire Licensing RightsNEW YORK, Nov 2 (Reuters Breakingviews) - Just over a year ago, Sam Bankman-Fried might have been counting his large stash of virtual coins. A Manhattan jury on Thursday convicted the FTX founder of seven counts related to crimes he committed at the helm of the now-bankrupt cryptocurrency exchange. With some $8 billion in customer funds stolen, his misdeeds will go down as one of the biggest financial frauds on record. To be sure, the speculative bubble in crypto would probably have deflated even without Bankman-Fried. The bankrupt exchange is also negotiating with three bidders to help it relaunch trading services, Bloomberg reported last month.

Persons: Lewis Kaplan, Sam Bankman, Fried, Jane Rosenberg, FTX, John J, Ray III, Nicolas Roos, Peter Thal Larsen, Thomas Shum Organizations: REUTERS, Reuters, Galaxy Digital, Three, BlackRock, Bloomberg, Thomson Locations: New York City, U.S, Manhattan

☆ Japan to provide $65 million additional humanitarian aid to Palestinians
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +1 min

[1/2] Japanese Foreign Minister Yoko Kamikawa arrives to a meeting with Secretary of State Antony Blinken, Monday, Sept. 18, 2023, in New York. Julia Nikhinson/Pool via REUTERS./File Photo Acquire Licensing RightsTOKYO, Nov 4 (Reuters) - Japan will provide $65 million in additional humanitarian aid to Palestinians out of concern over the conflict in Gaza, foreign minister Yoko Kamikawa said during a tour of Israel and Jordan on Friday. Speaking to reporters in Jordan after meeting Israeli Foreign Minister Eli Cohen and Palestinian counterpart Riyad al-Maliki, Kamikawa also said Japan was planning to provide material aid to war-torn Gaza. Kamikawa refrained from commenting on whether Israel's strikes on Gaza was within the limits of international law, but said that actors must comply with the spirit of protecting human rights and not cause needless civilian deaths. Reporting by Sakura Murakami; editing by David Evans and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Persons: Yoko Kamikawa, Antony Blinken, Julia Nikhinson, Jordan, Eli Cohen, Riyad al, Kamikawa, Japan's, Cohen, Maliki, Lebanon's, Sakura Murakami, David Evans, Bill Berkrot Organizations: REUTERS, Rights, Thomson Locations: New York, Japan, Gaza, Israel, Jordan, Palestine, Tokyo, Lebanon's Iran

CAPE CANAVERAL, Fla. (AP) — The little asteroid visited by NASA’s Lucy spacecraft this week had a big surprise for scientists. It turns out that the asteroid Dinkinesh has a dinky sidekick — a mini moon. The discovery was made during Wednesday’s flyby of Dinkinesh, 300 million miles (480 million kilometers) away in the main asteroid belt beyond Mars. In data and images beamed back to Earth, the spacecraft confirmed that Dinkinesh is barely a half-mile (790 meters) across. NASA sent Lucy past Dinkinesh as a rehearsal for the bigger, more mysterious asteroids out near Jupiter.

Persons: NASA’s Lucy, —, Dinkinesh, Lucy, It's, “ Dinkinesh, Hal Levison Organizations: NASA, Research, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, Ethiopia

☆ Silicon Valley Shrugs Off Sam Bankman-Fried’s Trial
▼ + stars: | 2023-11-02 | by ( Erin Griffith | More About Erin Griffith | ) www.nytimes.com time to read: +1 min

In the four weeks that Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, was on trial on fraud charges, the tech industry:Reacted to the war in Israel and Gaza, including protesting a tech conference organizer’s social media posts about the conflict. Buzzed over a manifesto from a top venture capitalist outlining a list of enemies to technological progress. Scrambled to invest money in the hottest artificial intelligence company, OpenAI, at triple its valuation earlier this year. Hotly debated the new features on Threads, a social media site owned by Meta. But a simpler answer could be that the tech industry has again done what it does best: move on to the next thing.

Persons: Sam Bankman, Bankman Organizations: Meta Locations: Israel, Gaza, FTX

Sam Bankman-Fried, the tousle-haired mogul who founded the FTX cryptocurrency exchange, was convicted on Thursday of seven charges of fraud and conspiracy after a monthlong trial that laid bare the rampant hubris and risk-taking across the crypto industry. Mr. Bankman-Fried became a symbol of crypto’s excesses last year when FTX collapsed and he was charged with stealing as much as $10 billion from customers to finance political contributions, venture capital investments and other extravagant spending. A jury of nine women and three men took more than four hours of deliberation on Thursday to reach a verdict, convicting Mr. Bankman-Fried of wire fraud and conspiracy. Together the counts carry a maximum sentence of 110 years. Mr. Bankman-Fried, 31, is expected to appeal.

Persons: Sam Bankman, Fried, FTX, convicting Mr, He’s

UNITED NATIONS (AP) — Iran is carrying out executions “at an alarming rate,” putting to death at least 419 people in the first seven months of the year, the United Nations chief said in a new report. That's a 30% increase from the same period in 2022. In all seven cases, information received by the U.N. human rights office “consistently indicated that the judicial proceedings did not fulfil the requirements for due process and a fair trial under international human rights law,” Guterres said. The government said “a minimum of” 22,000 people arrested during the protests were pardoned, but the secretary-general said it was difficult to verify the arrest and release numbers. Guterres expressed concern that a number of individuals who were pardoned then received summonses on new charges or were rearrested, including women activists, journalists and members of minority groups.

Persons: That's, Antonio Guterres, Amini, “, ” Guterres, ”, Guterres, Afsaneh Bayegan, Leila Bolukat —, Nahid Taghavi, Ayatollah Ali Khamenei Organizations: UNITED NATIONS, United Nations, General Assembly, Islamic Revolutionary Guard Corps, Human Rights Locations: Iran

A jury found Sam Bankman-Fried guilty of financial crimes in his five-week Manhattan trial. The defense said Bankman-Fried simply didn't know and his executives were to blame. AdvertisementAdvertisementA jury found Sam Bankman-Fried guilty of seven counts of fraud and conspiracy in his criminal trial in Manhattan federal court after deliberating for about four and a half hours on Thursday. AdvertisementAdvertisementCharges against Bankman-Fried included wire fraud, conspiracy to commit wire fraud, conspiracy to commit securities fraud, conspiracy to commit commodities fraud, and conspiracy to commit money laundering. Ellison – along with execs Gary Wang and Nishad Singh – pleaded guilty to wire fraud and conspiracy charges and testified against Bankman-Fried at the trial, each emphasizing how they committed crimes at Bankman-Fried's direction.

Persons: Sam Bankman, —, Caroline Ellison, Ellison –, execs Gary Wang, Nishad Singh –, Fried Organizations: Prosecutors, Service, Inner City Press, Alameda Research, Washington , D.C, Bankman, Alameda Locations: Manhattan, Bahamas, Washington ,, FTX, Alameda, Bankman

As he did last month, Blinken will stress U.S. support for Israel and try to prevent a wider Mideast war as he visits Israel and Jordan starting on Friday. He'll push for the evacuation of more foreigners from Gaza and more humanitarian aid for the territory. President Joe Biden said Wednesday he thought there should be a humanitarian “pause” in the Israel-Hamas war in order to get “prisoners” out. Political Cartoons View All 1230 ImagesU.S. officials, including Biden and Blinken, have said repeatedly that they do not believe an Israeli re-occupation of Gaza is feasible, and Israel agrees. Miller said the U.S. shares Jordan's concerns about "the dire humanitarian situation in Gaza” and that Blinken will make that a priority on his trip.

Persons: —, Antony Blinken, Jordan, Biden, Israel, Joe Biden, Blinken, Matthew Miller, what’s, Miller, ”, “, ” Jordan, Netanyahu, Sissi, ” Biden Organizations: WASHINGTON, Israel, West Bank, Palestinian Authority, ”, Saudi, U.S, State Department Locations: East, Israel, Gaza, U.S, Blinken, Palestinian, Japan, South Korea, India, Ukraine, China, Jordan, Amman, Egypt, Turkey, Washington, Qatar

AI Artificial Intelligence words are seen in this illustration taken, May 4, 2023. Britain's technology minister Michelle Donelan said "the right people with the right expertise" would be around the table to discuss how to mitigate the risks of AI. China will be a key participant, given the country's role in developing AI technology, although questions have been raised by some lawmakers in Britain about its presence. The U.S. ambassador to Britain, Jane Hartley, said the AI conversation should be global, but added that the invitation to China had come from London. Reporting by Paul Sandle and Martin Coulter Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Rishi Sunak, Sam Altman, Sceptics, Kamala Harris, Ursula von der Leyen, Antonio Guterres, Michelle Donelan, Jane Hartley, Francois, Philippe Champagne, Paul Sandle, Martin Coulter, Mark Potter Organizations: REUTERS, Safety, European Union, Elon, Bletchley, European, U.S, United Nations, Reuters, Thomson Locations: Britain, United States, China, European Union, U.S, London

☆ Settler violence has been forcing Palestinians out of the West Bank and turning the area into a 'Wild West,' rights group says
▼ + stars: | 2023-11-01 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

Violence against Palestinians in the occupied West Bank has been soaring, the UN and rights groups said. Attacks by Israeli forces and settlers have been pushing Palestinians out of their homes, the groups said. Violence has turned the West Bank into the "Wild West," a non-profit told The Washington Post. Additionally, nearly 1,000 Palestinians have been forcibly displaced from their homes in the West Bank amid "intensified settler violence" and increased movement restrictions since the outbreak of the war, according to the UN office. AdvertisementAdvertisementLast week, US President Joe Biden condemned the violence, saying he was "alarmed about extremist settlers attacking Palestinians in the West Bank," and described the issue as "pouring gasoline on fire."

Persons: —, Dror Sadot, Tariq Mustafa, Mustafa, OCHA, Joe Biden, Biden Organizations: West Bank, UN, Washington Post, Service, United Nations, Washington, Hamas, United Nations Office, Humanitarian Affairs, Bank Locations: Israel, Jerusalem, Gaza, Palestinian, West Bank, Wadi, Ramallah, Jordan, Taybeh

☆ Indonesia, Vietnam energy transition financing under G7-funded plans
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +5 min

South Africa was the first country to reach a deal under the JETP, securing a $8.5 billion financing pledge in 2021. Indonesia secured a pledge of $20 billion and Vietnam $15.5 billion in deals struck in late 2022. Without the plan, Indonesia's greenhouse gas emissions are expected to reach more than 350 million tons in 2030. How would the JETP financing be arranged? G7 donors as well as Norway and Denmark have pledged a total $10 billion public financing for Indonesia while the remaining $10 billion will come from public financing.

Persons: they'll, Quoc Khanh, Fransiska Nangoy, Khanh Vu, Francesco Guarascio, Robert Birsel Organizations: REUTERS, Rights, Climate, Asian Development Bank, Natural Resources, Reuters, European Union, Thomson Locations: Hanoi, Rights JAKARTA, HANOI, Indonesia, Vietnam, Africa, Senegal, INDONESIA Indonesia, Norway, Denmark, VIETNAM, EU

The U.N. last week created a 39-member advisory body to address issues in the international governance of AI. "We need to examine the landscape of existing governance responses across borders, and then see where the gaps are and how we can connect the governance responses together so that there are no gaps," Gill said. Gill, appointed by U.N. Secretary-General António Guterres as tech envoy last year, is tasked with coordination across the U.N. on tech issues, ranging from AI to neural technologies. Guterres had in June backed a proposal by some AI executives for the creation of an international AI watchdog body like the International Atomic Energy Agency. The AI body, co-chaired by Spanish digital minister Carme Artigas and Alphabet's (GOOGL.O) James Manyika, will have at least three in-person meetings and several virtual meetings.

Persons: Brendan McDermid, Amandeep Singh Gill, Gill, António, Joe Biden, Rishi Sunak, Guterres, Carme Artigas, James Manyika, Supantha Mukherjee, Emelia Sithole Organizations: . Security, REUTERS, Rights, United Nations, Reuters, U.N, British, International Atomic Energy Agency, Spanish, Carme, Thomson Locations: New York City, U.S, Rights STOCKHOLM, Alphabet's, Stockholm

☆ NFL trade roundup: Commanders sell; Vikings add QB Josh Dobbs
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +10 min

ET deadline:--The Minnesota Vikings acquired quarterback Josh Dobbs and a 2024 seventh-round pick from the Arizona Cardinals for a 2024 sixth-round draft choice. --The Vikings also dealt left guard Ezra Cleveland to the AFC South-leading Jacksonville Jaguars in exchange for a sixth-round draft pick, per multiple reports. Cleveland was a second-round draft pick by the Vikings in 2020, and he started all 17 games in both 2021 and 2022. Cleveland was a second-round draft pick by the Vikings in 2020, and he started all 17 games in both 2021 and 2022. --The Buffalo Bills acquired veteran cornerback Rasul Douglas and a fifth-round draft pick from the Green Bay Packers in exchange for a third-rounder on Tuesday, NFL Network and The Athletic reported.

Persons: Joshua Dobbs, Matt Kartozian, Montez Sweat, Chase Young, Josh Harris, Young, Nick Bosa, Bosa, Washington, Jonathan Allen, Daron Payne, Josh Dobbs, Kirk Cousins, Dobbs, Kyler Murray, Ezra Cleveland, Dalton Risner, Donovan Peoples, Jones, Dan Campbell, Rasul Douglas, Douglas, Tre'Davious White, Jordan Love's, Aaron Rodgers Organizations: Arizona Cardinals, Baltimore Ravens, Washington Commanders, NFL, Chicago Bears, San Francisco 49ers, Young, NBA's Philadelphia 76ers, Washington, 49ers, Ohio State, Minnesota Vikings, Vikings, The Cleveland Browns, Cardinals, Arizona, Pittsburgh Steelers, Tennessee Titans, AFC, Jacksonville Jaguars, Denver Broncos, Detroit Lions, Browns, Peoples, Michigan, Lions, Cleveland, Buffalo Bills, Green Bay Packers, NFL Network, The Athletic, Packers, AFC East, Thomson Locations: Glendale , Arizona, USA, Young's, Ohio, Arizona, Minnesota, Cleveland, Detroit, Green, Buffalo

☆ Last-minute, short-handed goal leads Ducks past Penguins
▼ + stars: | 2023-10-31 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/36] Oct 30, 2023; Pittsburgh, Pennsylvania, USA; Anaheim Ducks center Leo Carlsson (91) warms up before the game against the Pittsburgh Penguins at PPG Paints Arena. Jakob Silfverberg and Frank Vatrano also scored and Pavel Mintyukov had two assists for the Ducks, who have won four straight. Erik Karlsson and Evgeni Malkin each had goal and an assist while Radim Zohorna also scored for the Penguins, who have lost five of their past six games. At 8:28 of the first, Silfverberg tied it. Anaheim tied it again 1:36 later.

Persons: Leo Carlsson, Charles LeClaire, Mason McTavish's, McTavish, Tristan Jarry, Jakob Silfverberg, Frank Vatrano, Pavel Mintyukov, Greg Cronin, John Gibson, Lukas Dostal, Erik Karlsson, Evgeni Malkin, Radim Zohorna, Jarry, Karlsson, Jake Guentzel, Gibson, Malkin, Silfverberg, Jarry lunged, Vatrano, Ross Johnston, Cronin, Zohorna Organizations: Anaheim Ducks, Pittsburgh Penguins, PPG Paints, Ducks, Anaheim, Penguins, The Ducks, Pittsburgh, Thomson Locations: Pittsburgh , Pennsylvania, USA, Pittsburgh, Anaheim

☆ Australia, EU trade deal likely years away after talks fail
▼ + stars: | 2023-10-30 | by ( ) edition.cnn.com time to read: +2 min

Canberra — Australia has rejected European Union proposals for a free trade agreement, and a deal is now unlikely to be reached for several years, Australian government ministers said Monday. “I came to Osaka with the intention to finalize a free trade agreement,” Farrell said in a statement. “We just weren’t able to see the EU increase its offer for things like beef, sheep, dairy, sugar enough for us to think that this deal was in Australia’s national interest,” he told ABC Radio. The EU signed a trade deal with New Zealand last year that lowered tariffs for EU exports including clothing, chemicals and cars, and allowed more New Zealand beef, lamb, butter and cheese into the EU. “It’s disappointing the Europeans weren’t willing to put something commercially meaningful on the table,” National Farmers’ Federation President David Jochinke said in a statement.

Persons: Don Farrell, “, ” Farrell, ”, Murray Watt, —, Valdis Dombrovskis, Australia’s Watt, “ It’s, David Jochinke Organizations: Canberra, EU, Australian Trade, Australia, ABC Radio, New Zealand, National Farmers ’ Federation Locations: Australia, Europe, Osaka, New Zealand, Canada, South America, Zealand

☆ Bank of Canada says high rates, slow growth will impact govt spending
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +2 min

OTTAWA, Oct 30 (Reuters) - The Bank of Canada on Monday said higher interest rates and low growth will impact the federal government's budget spending and although the country's fiscal position is sustainable, expenditure should be contained to protect social programs. "Lower growth and higher interest rates will certainly impact on the government's budget," Governor Tiff Macklem told lawmakers in the House of Commons. "I don't think fiscal policy in Canada is in a situation where it's unsustainable. The bank said price risks were on the rise and inflation could exceed its 2% target for another two years. The bank increased rates 10 times between March 2022 and this July to tame inflation, which peaked at a four-decade high of 8.1% last year.

Persons: Macklem, Chrystia Freeland, Ismail Shakil, Steve Scherer, Jonathan Oatis, Marguerita Choy Organizations: OTTAWA, Bank of Canada, Finance, Thomson Locations: Canada, FES, Ottawa

Frank Howard, a four-time All-Star who slugged 382 home runs during a lengthy major league career that included a World Series title with the Los Angeles Dodgers in 1963, has died. A spokesperson for the Washington Nationals said the team was informed of Howard's death by his family Monday. “Growing up a baseball fan in Washington D.C., Frank Howard was my hero,” Nationals owner Mark Lerner said in a statement. “We didn’t score a whole lot of runs, and it was on his back a lot of times to score a few runs,” Bosman said. “I don’t think I saw him angry more than two or three times,” Bosman said.

Persons: Frank Howard, ” Dick Bosman, ” Howard, Mark Lerner, I’ll, Lerner, Frank’s, Howard, ”, “ Hondo, Bosman, ” Bosman, “, “ Frank, Mike Rizzo, that’s Organizations: Los Angeles Dodgers, Washington Nationals, Howard, Associated Press, Washington Senators, NL, Dodgers, Senators, Rangers, Detroit Tigers, “, Washington D.C, ” Nationals, RFK, Arlington, The Rangers, San Diego Padres, New York Mets, American League, Nationals Locations: Washington and Texas, Texas, Washington

☆ White House unveils wide-ranging action to mitigate AI risks
▼ + stars: | 2023-10-30 | by ( Jeff Mason | Thomson Reuters | Jeff Mason Is A White House Correspondent For Reuters. He Has Covered The Presidencies Of Barack Obama | ) www.reuters.com time to read: +4 min

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. The new executive order, which Biden will highlight at an event on Monday, goes further than those commitments. It also directs agencies to set standards for that testing and address related chemical, biological, radiological, nuclear, and cybersecurity risks, according to the White House. The official said the executive order had the force of law and the White House believed that legislative action from Congress was also necessary for AI governance. Biden is calling on Congress in particular to pass legislation on data privacy, the White House said.

Persons: Dado Ruvic, Joe Biden, Biden, Staff Bruce Reed, Kamala Harris, Rishi Sunak, Sunak, Jeff Mason, John Kruzel, Grant McCool Organizations: REUTERS, U.S ., Defense, Commerce Department, House, Staff, British, Thomson Locations: Europe, United States, Britain, China

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsBRUSSELS, Oct 29 (Reuters) - The Group of Seven industrial countries will on Monday agree a code of conduct for companies developing advanced artificial intelligence systems, a G7 document showed, as governments seek to mitigate the risks and potential misuse of the technology. The voluntary code of conduct will set a landmark for how major countries govern AI, amid privacy concerns and security risks, the document seen by Reuters showed. The 11-point code "aims to promote safe, secure, and trustworthy AI worldwide and will provide voluntary guidance for actions by organizations developing the most advanced AI systems, including the most advanced foundation models and generative AI systems", the G7 document said. The code urges companies to take appropriate measures to identify, evaluate and mitigate risks across the AI lifecycle, as well as tackle incidents and patterns of misuse after AI products have been placed on the market. Companies should post public reports on the capabilities, limitations and the use and misuse of AI systems, and also invest in robust security controls.

Persons: Dado Ruvic, Vera Jourova, Foo Yun Chee, Alexander Smith, Susan Fenton Organizations: REUTERS, Rights, Reuters, European Union, Companies, EU, Commission, Thomson Locations: Rights BRUSSELS, Canada, France, Germany, Italy, Japan, Britain, United States, Hiroshima, Southeast Asia, Kyoto

☆ Verstappen takes record 16th win of the season in Mexico
▼ + stars: | 2023-10-29 | by ( Angelica Medina | ) www.reuters.com time to read: +4 min

Only three drivers have won more races in the history of the sport and Verstappen could have passed Sebastian Vettel, next in his sights on 53, by the end of the season. The win was also his 14th in the last 15 races and a fifth in six editions of the grand prix at the Autodromo Hermanos Rodriguez. Second is a priority for dominant Red Bull who have never yet finished a season with their drivers first and second. The race resumed from a standing re-start, with Verstappen accelerating into the distance and Leclerc second on the hard tyres but seven-times world champion Hamilton right behind on mediums. Verstappen had seized the safety car period as an opportunity for a cheap second pitstop and some fresh hards while Leclerc had pitted just before Magnussen's accident.

Persons: Hamilton, Mercedes Leclerc, Perez, Max Verstappen, Sergio Perez, Ferrari's Charles Leclerc, Alain Prost's, Sebastian Vettel, Autodromo Hermanos Rodriguez, Verstappen, Bull, Mercedes's Lewis Hamilton, Leclerc, Kevin Magnussen, Ferrari, Red, Ferrari's Carlos Sainz, McLaren's Lando Norris, Oscar Piastri, AlphaTauri's Daniel Ricciardo, Mercedes George Russell, Russell, Ricciardo, Alex Albon, Williams, Esteban Ocon, Pierre Gasly, Haas's Nico Hulkenberg, HAAS, Magnussen's Haas, Dane, Aston Martin, Lance, Bottas, Fernando Alonso, AlphaTauri's Yuki Tsunoda, Alan Baldwin, Ken Ferris, Clare Fallon, Lincoln Organizations: Mexico City, Prix, Autodromo Hermanos, Red Bulls, Red Bull, Briton, AlphaTauri, Renault, Hamilton, Alfa, Piastri, Thomson Locations: MEXICO, Mexico, French, Hamilton, London

☆ G7 Calls for Immediate Repeal of Bans on Japanese Food, Pressing China
▼ + stars: | 2023-10-29 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +3 min

The G7 trade ministers, in a statement after a weekend meeting on Osaka, did not mention China but they also denounced what they consider its rising economic coercion through trade. "We deplore actions to weaponize economic dependencies and commit to build on free, fair, and mutually beneficial economic and trade relationships," said the 10-page statement. While Japan and the U.S. have called the curbs unfair, Russia announced a similar restriction earlier this month. The G7 - the United States, Japan, Germany, Britain, France, Italy and Canada - expressed "concern" over recent control measures on the export of critical minerals. "We completely agreed to build resilient and reliable supply chains" for critical minerals, semiconductors and batteries, he told a press conference.

Persons: Yasutoshi Nishimura, Kantaro Komiya, William Mallard Organizations: Japan, U.S, Hamas Locations: TOKYO, Osaka, China, Japan, Russia, United States, Germany, Britain, France, Italy, Canada, Ukraine, Israel, Gaza

TOKYO (AP) — Trade and economy officials from the Group of Seven wealthy democracies strengthened their pledge Sunday to work together to ensure smooth supply chains for essentials like energy and food despite global uncertainties. Political Cartoons View All 1223 ImagesThe G-7 includes the U.S., Canada, France, Germany, Italy, Japan and Britain. Trade is one sector where growing political tensions with China have been playing out, although China was not directly mentioned in the meetings. Yasutoshi Nishimura, the Japanese minister in charge of trade and the economy, said G-7 nations expressed support and understanding for Japan’s position, stressing the safety of Japanese food based on scientific evidence, including that from Fukushima. Nishimura also said the guest nations that took part in the G-7 meeting, including Australia and India, were potentially powerful allies in strengthening the supply chain in valuable materials.

Persons: Yoko Kamikawa, ”, “, Yasutoshi Nishimura, Nishimura, Kamikawa, Katherine Tai, ___ Yuri Kageyama Organizations: TOKYO, —, European Union, World Trade Organization, ”, EU, U.S . Trade Locations: Osaka, Ukraine, Israel, Canada, France, Germany, Italy, Japan, Britain, Australia, Chile, India, Indonesia, Kenya, China, Hiroshima, Fukushima

☆ G7 calls for immediate repeal of bans on Japanese food, pressing China
▼ + stars: | 2023-10-29 | by ( Kantaro Komiya | Thomson Reuters | Kantaro Writes About Everything Japan'S Economic Indicators To North Korea'S Missiles To Global Regulation On Ai Companies. His Previous Stories Have Been Published In The Associated Press | ) www.reuters.com time to read: +3 min

Persons: Eugene Hoshiko, Yasutoshi Nishimura, Kantaro Komiya, William Mallard Organizations: International Atomic Energy Agency, Rights, Japan, U.S, Hamas, Thomson Locations: China, South Korea, Canada, Hisanohama Port, Iwaki, Japan, Osaka, Russia, United States, Germany, Britain, France, Italy, Ukraine, Israel, Gaza

☆ England claim bronze but need more to challenge the elite
▼ + stars: | 2023-10-28 | by ( Mitch Phillips | ) www.reuters.com time to read: +4 min

PARIS, Oct 28 (Reuters) - From where they were at the end of their dismal warm-ups, England's World Cup was an unqualified success and they were within three minutes of one of the great sporting turnarounds. They arrived amid the gloom of five defeats in six games but finished on a high with six wins out of seven. The skewed nature of the draw obviously favoured them, and reaching the semi-finals looked possible and even probable regardless of their form based on their World Cup history and the quality of players in the squad. Already assured of top spot in their group, England laboured against Samoa before snatching a late victory. "I always believed we would be right... We were clear that the World Cup isn't played in August," he said after clinching third place.

Persons: Tom Curry, George Ford, Henry Arundell, Marcus Smith, Owen Farrell's, Dan Cole, Joe Marler, Steve Borthwick's, Ben Earls, Borthwick, hasn't, Eddie Jones, isn't, Hooker Theo Dan, Mitch Phillips, Hugh Lawson Organizations: Japan, Samoa, Fiji, Springbok, South Africa, Argentina, Twickenham, Thomson Locations: France, Argentina, England, Marseille, Chile, South Africa

Search resuls for: "of Seven"

25 mentions found