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☆ Australian man who faked his own kidnapping to meet mistress ordered to pay police
▼ + stars: | 2023-09-28 | by ( Chris Lau | ) edition.cnn.com time to read: +2 min

CNN —An Australian man who faked his own kidnapping to spend time with his mistress on New Year’s Eve has been ordered to pay back the cost of the police operation to find him. Paul Iera appeared at Wollongong Local Court in New South Wales on Tuesday and was told he’d have to pay the state government around $10,000 for 200 hours worth of police work after his partner reported him missing. The 35-year-old tradesman went to meet his mistress on December 31, but lied to his partner about meeting with his “financial guy,” CNN affiliate 9 News reported. Iera’s worried partner reported the matter to the police minutes before midnight, prompting officers to investigate, 9 news reported. Iera’s lawyer Abbas Soukie issued a statement on his behalf, saying that his client was “pleased to have avoided” a jail sentence.

Persons: Paul Iera, he’d, Paul, Iera’s, Iera, Michael Ong, Ong, Abbas Soukie, Mr Iera, “ Mr Iera, ” Organizations: CNN, Wollongong Local Locations: Australian, Wollongong, New South Wales

The Cyberspace Administration of China (CAC) said it was considering waiving data export security assessments for activities such as international trade, academic cooperation, cross-border manufacturing and marketing that do not contain personal information or important data. Alex Roberts, a Shanghai-based lawyer at Linklaters, said the new rules are "a great signal for foreign investment and trade into China". You Yunting, a lawyer with Shanghai-based DeBund Law Offices, said the new rules "represents a certain degree of relaxation in data export regulation" in China. He added that the new rules could keep the cross-border transfer of human resources data low for companies. The previous rules were causing consternation among international businesses in China as some fear they could be cut off from assessing their human resources data from within China.

Persons: Alex Roberts, Brenda Goh, Josh Ye, Christina Fincher, Alison Williams Organizations: Cyberspace Administration of China, European, Reuters, Thomson Locations: SHANGHAI, HONG KONG, China, Shanghai, Linklaters, Hong Kong

A Boeing logo is seen at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 18, 2023. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsWASHINGTON, Sept 28 (Reuters) - Boeing (BA.N) has agreed to pay $8.1 million to resolve allegations it violated U.S. law by failing to comply with contractual obligations in its production of V-22 Osprey aircraft, the U.S. Justice Department said Thursday. The Osprey is a military aircraft that takes off like a helicopter and then rotates its propellers to fly like a plane. The settlement agreement, which was signed by legal representation for Boeing and the Justice Department, noted that Boeing denied the allegations it was not meeting requirements. A Boeing spokesperson said the company "entered a settlement agreement with the U.S. Department of Justice and the U.S. Navy to resolve certain False Claims Act allegations, without admission of liability."

Persons: Benoit Tessier, Kanishka Singh, Valerie Insinna, Chris Reese, Matthew Lewis, Jamie Freed Organizations: Boeing, Paris, REUTERS, Rights, U.S . Justice Department, Justice Department, U.S . Navy, U.S . Department of Justice, Thomson Locations: Le Bourget, Paris, France, Ridley Park , Pennsylvania, Washington

☆ Amazon has a poor man’s monopoly
▼ + stars: | 2023-09-27 | by ( Lauren Silva Laughlin | ) www.reuters.com time to read: +3 min

The $1.3 trillion retailer run by Andy Jassy was sued on Tuesday by the U.S. Federal Trade Commission for alleged anticompetitive practices. She rose to prominence after publishing a paper in the Yale Law Journal in 2017 titled “Amazon’s Antitrust Paradox,” which painted the e-commerce giant as a sprawling monopoly that has gone unchecked by traditional antitrust policing. But Chinese competitors like Shein and Temu, which have different cost structures, are starting to encroach on Amazon’s market. It's possible that Khan and the FTC can nail Amazon in court for behaviors that in the past have given it an exclusive edge. Follow @thereallsl on XCONTEXT NEWSThe U.S. Federal Trade Commission filed an antitrust lawsuit against Amazon.com on Tuesday, asking the court to consider forcing the online retailer to sell assets.

Persons: Andy Jassy, Lina Khan, EBITDA, Walmart’s, hasn’t, Khan, Jonathan Guilford, Sharon Lam Organizations: Reuters, U.S . Federal Trade Commission, Yale Law, Investors, Walmart, Foods, Amazon.com, Alphabet's Google, Thomson Locations: Arkansas, It’s

☆ U.S. astronaut Rubio and two Russian cosmonauts land in Kazakhstan
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +3 min

[1/3] A view shows the Soyuz MS-23 spacecraft (L) carrying Roscosmos cosmonauts Sergey Prokopyev, Dmitry Petelin and NASA astronaut Frank Rubio, who get prepared to leave the International Space Station and head for a parachute-assisted landing on the steppe of Kazakhstan, September 27, 2023. "The crew have returned to earth after a year on the ISS," Russia's Roscosmos, Russia's space corporation, said after the landing on time at 1117 GMT. Rubio, who is 47 and on his first space voyage, travelled back to Earth with Russian cosmonauts Sergey Prokopyev, 48, and Dmitry Petelin, 40. That gave the two Russians and Rubio an unexpectedly extended mission of 371 days in orbit. On Sept. 11, Rubio surpassed the previous NASA record of 355 consecutive days in space set by now-retired U.S. astronaut Mark Vande Hei.

Persons: Sergey Prokopyev, Dmitry Petelin, Frank Rubio, Konstantin, Rubio, he's, Prokopyev, Mark Vande Hei, Russia's Valeri Polyakov, Polyakov, Roscosmos, Guy Faulconbridge, Steve Gorman, Mark Trevelyan, Gareth Jones Organizations: NASA, Space Station, U.S, Space, Soyuz, Army, Blackhawk, Thomson Locations: Kazakhstan, ALMATY, Zhezqazghan, Moscow, Los Angeles, Miami, U.S, Bosnia, Afghanistan, Iraq

Washington CNN —In her new book “Enough,” former White House aide Cassidy Hutchinson paints the closing days of the Trump White House as even more chaotic and lawless than she previously disclosed in her shocking televised testimony last summer. “We killed Herman Cain,” Meadows told Hutchinson and asked for his wife’s phone number. Unlike White House communications director Alyssa Farah, who resigned on December 3, 2020, or deputy White House press secretary Sarah Matthews, who left on January 6, 2021, Hutchinson remained. In the summer of 2017, Trump’s first year in office, Hutchinson was an intern in Sen. Ted Cruz’s office. It turns out, Hutchinson writes, that she coordinated with Farah, who is now a CNN political commentator, telling her everything she knew.

Persons: Washington CNN —, Cassidy Hutchinson, Donald Trump, Mark Meadows, Trump, Rudy Giuliani gropes Hutchinson, Kevin McCarthy, Joe Biden, “ Cass, ” Meadows, Hutchinson, Cassidy Hutchinson's, Simon, Schuster, Meadows, “, ” Hutchinson, Herman Cain, Covid, furtively, Hunter Biden, Tony Bobulinski, Mark ’ Meadows, National Intelligence John Ratcliffe, Tom Brenner, McCarthy, Ken Paxton, ” Trump, Trump . Hutchinson, Devin Nunes, “ Mark doesn’t, ”, Tony Ornato, Mike Flynn, Sidney Powell, Patrick Byrne, Derek Lyons, Brad Raffensperger, Pat Cipollone, Cipollone, Tony, –, ” Ornato, They’re, Giuliani, Rudy Giuliani, Brendan Smialowski, Alyssa Farah, Sarah Matthews, Donald Trump’s, Hey Cass, Kimberly Guilfoyle’s, ‘, ’, Kayleigh McEnany, Wisconsin Tom Brenner, Trump’s, Sen, Ted Cruz’s, didn’t, Stefan Passantino, Passantino, “ Stefan, Andrew Harnik, Farah, Liz Cheney, Jobs Organizations: Washington CNN, White, Trump White House, Trump, Capitol, White House, GOP, CNN, Secret Service, Republican National Committee, National Intelligence, Texas, Meadows, Georgia, State, Biden, Capitol Hill, Getty, Team Trump, Legislative Affairs, Press, Air Force, Texas Republican Locations: Tulsa , Oklahoma, North Carolina, Meadows, Fulton, Georgia, AFP, Russia, you’re, California, Wisconsin, Texas, Florida

☆ Putin ally Ramzan Kadyrov released a video of his 15-year-old son beating up a prisoner, saying he's 'proud' of him for showing 'honor' and 'dignity'
▼ + stars: | 2023-09-26 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Chechen leader Ramzan Kadyrov said on Monday that he's "proud" of his son for beating a prisoner. He published a video of Adam Kadyrov, 15, punching, kicking, and slapping a cowering man. Kadyrov published a video of the beatdown on Telegram, writing that he was "proud" of his son's actions. "He beat him, and he did the right thing," Kadyrov wrote, per a translation by Reuters. In his commentary, Kadyrov said the attacker was his 15-year-old son, Adam Kadyrov, and that the teenager had attained "adult ideals of honor, dignity, and defense of his religion."

Persons: Ramzan Kadyrov, Adam Kadyrov, —, Islam, Kadyrov, Nikita Zhuravel, Zhuravel, Tatyana Moskalkova, Kadyrov's, Moskalkova, Adam Delimkhanov, Delimkhanov Organizations: Service, Reuters, Moscow Times, United States Commission, International, Human, Zhuravel, Chechen Locations: Volgograd, Chechen Republic, Chechnya, Ukraine, Russia

A study published this week linked the COVID-19 antiviral molnupiravir to new coronavirus mutations, raising questions about whether the drug could lead to the evolution of potentially concerning strains in the future. The drug works by causing mutations in the genetic information of the virus. Researchers looked at 15 million coronavirus genomes to analyze the timing and type of mutations. Study authors said the findings are important for regulators who assess the drug. “The authors assume these mutations were associated with viral spread from molnupiravir-treated patients without documented evidence of that transmission.

Persons: molnupiravir, ” Theo Sanderson, Francis Crick, Merck Organizations: Nature, Francis, Francis Crick Institute Locations: London, molnupiravir

He has again stepped down as chairman of the Foreign Affairs panel, as per Senate Democratic caucus rules, but has otherwise made clear that he’s not going anywhere. Political Cartoons View All 1182 ImagesThe calls for his resignation are in sharp contrast, though, to his first case. It also puts increased pressure on Senate Majority Leader Chuck Schumer and other Democratic leaders who have so far stopped short of recommending that Menendez step down. Booker said it is a “mistake” for Menendez to say that stepping down would be unfair as the case has not been tried. Also calling for Menendez to step down on Monday were Democratic Sens.

Persons: — Democratic Sen, Cory Booker, Sen, Bob Menendez, ”, Menendez, Nadine, ” Menendez, Chuck Schumer, Booker, ” Booker, Democratic Sens, Tammy Baldwin of, Jon Tester, Montana, Jacky Rosen of, Bob Casey of Pennsylvania, Michael Bennet of Colorado, Martin Heinrich of, John Fetterman of, Peter Welch of, Sherrod Brown of, Phil Murphy Organizations: WASHINGTON, — Democratic, New, New Jersey Democrat, Democratic, Foreign Relations Committee, Foreign Affairs, Hudson, College’s, clubby Senate, New Jersey Gov Locations: New Jersey, Egypt, Jersey, Hudson County, Union City, clubby, Jerseyans, Tammy Baldwin of Wisconsin, Jacky Rosen of Nevada, Martin Heinrich of New Mexico, John Fetterman of Pennsylvania, Peter Welch of Vermont, Sherrod Brown of Ohio

But “Senator Menendez has made these sacrifices in the past to serve. “I believe stepping down is best for those Senator Menendez has spent his life serving." In the days after the indictment, calls for his resignation began, starting with members of the New Jersey congressional delegation (sans Rep. Bob Menendez Jr., the senator's son) and expanding to include New Jersey Gov. Absent from the initial push for Menendez's departure was Senate Democratic leadership and Booker, who works with Menendez on a regular basis representing New Jersey. A dozen more U.S. senators added their calls for their New Jersey Democratic colleague to leave.

Persons: Sen, Cory Booker, Bob Menendez, lauding, Booker, Menendez, ” Booker, underscoring, “, Nadine, Bob Menendez Jr, Phil Murphy, John Fetterman of, Eric Holder –, Nancy Pelosi, Fidel Castro, Tom Malinowski Organizations: New, New Jersey Democrat, Senate Foreign Relations, New Jersey Gov, Democratic, California Democrat, New Jersey Democratic, Tom Malinowski , New, Tom Malinowski , New Jersey Democrat, MSNBC Locations: New Jersey, Jerseyans, Egypt, John Fetterman of Pennsylvania, California, Union City , New Jersey, Cuba, Tom Malinowski ,, Tom Malinowski , New Jersey

☆ I worked in the White House as an unpaid intern. The job was intense and fascinating — here's what my day looked like.
▼ + stars: | 2023-09-26 | by ( Aria Yang | ) www.businessinsider.com time to read: +10 min

Julian Sarafian is a 29-year-old former White House intern from Sacramento, California. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Julian Sarafian, a 29-year-old former White House intern from Sacramento, California. It's a 10 to 15 minute walk to the White House grounds, and I even walked there on cold and snowy days. It's the side where visitors often gather to take photos of the White House, so it was neat walking in like a VIP. They were accompanied by the White House groundskeeper and were often spotted around the grounds.

Persons: Julian Sarafian, Barack Obama, Joe Biden, —, Barack Obama's, Obama, Jason Furman, I'd, It's, wasn't, Sarafian, interning, Sunny, Yang Organizations: White, Service, UC Berkeley, UC Washington Program, of Economic Advisors, FBI, of Economic, of Economic Advisers, DC, UC Washington, Secret, Harvard Law School Locations: Sacramento , California, Washington ,, Dupont, Washington

☆ AI deals give investment banks a glimmer of hope
▼ + stars: | 2023-09-26 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

About a third of all M&A deals in the first half of 2023 were technology deals, and a lot of that was related to AI, said Berlin. The success of these deals mean more M&A is likely on the horizon, said Dan Ives, a tech analyst at Wedbush. Costco members now have access to $29 online health care visitsCostco is known for its giant tubs of mac and cheese, cheap hotdogs and more-for-less warehouse deals. The retailer is offering the new service in partnership with Sesame, a direct-to-consumer health care marketplace that connects medical providers nationwide with consumers. Costco is among several retailers, including Amazon, CVS and Walgreens, who are directly providing health care to customers as the demand booms for urgent care access outside of a traditional hospital setting.

Persons: CNN —, Goldman Sachs, Goldman, ” Goldman, David Solomon, Instacart’s, ”, Mitch Berlin, “ You’re, Dan Ives, ” Ives, Taavon Naja, Ramishah Maruf, Parija Kavilanz, Sesame Organizations: CNN Business, Bell, CNN, Wall, Companies, Renaissance, Nasdaq, Cisco, Wedbush, of Foreign, Control, Costco, Costco Pharmacy’s, Amazon, CVS, Walgreens Locations: Americas, Berlin, Iran, Switzerland, United States, PFAS, New York

☆ Ukrainian children as young as 4 months old are being forcibly taken to Russia. Officials don't know what is happening to them.
▼ + stars: | 2023-09-26 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Thousands of Ukrainian kids, including infants, have been forcibly taken to Russia. AdvertisementAdvertisementThousands of Ukrainian children are missing, having been taken by Russian troops since the invasion began last year — and there are conflicting reports about what has happened to them. Because Russian forces have targeted Ukrainian orphanages and other vulnerable populations, the number of taken children is likely "significantly higher," according to the Yale report. An official estimate from the Ukrainian government puts the total number of forcibly displaced kids at just under 20,000. Russia operates at least 43 known facilities dedicated to providing "re-education," military training, and pro-Russia academic instruction to Ukrainian children forcibly removed from their homes, the Yale report indicated.

Persons: —, Joe Biden, Volodymyr Zelenskyy, Biden, Ferit, Vladimir Putin, Maria Lvova, Putin Organizations: Service, United Nations Commission, UN, Yale School of Public Health, Russian, Yale, Ukraine's Ministry, United Arab, Ukraine's Ministry of Defense, of, Russian Federation, Criminal Court, Monday, ICC, Politico, Russia's, Children's Rights Locations: Russia, Ukraine, Ukrainian, Territories, Crimea, Russian, Japan, China, United Arab Emirates, Albania, Moscow, Rome

☆ Russian troops raped women as old as 83 while their families were forced to listen
▼ + stars: | 2023-09-25 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

A new UN report found that women in Ukraine experience systematic sexual violence by Russian troops. Women as old as 83 have been raped while their families were forced to listen to the brutal attacks. International criminal law considers rape and sexual violence war crimes and crimes against humanity. AdvertisementAdvertisementInsider previously reported on the case of a woman who recounted being raped by Russian soldiers who killed her husband. "Survivor-centered training and aid is the best way to support victims of sexual violence and to help them cope with the trauma, stigma, and the health consequences stemming from conflict-related sexual violence."

Persons: —, Beata Zawrzel, Pramila Patten Organizations: UN, Service, United Nations, Commission, Ukraine's Ministry of Defense, of, Russian Federation, The Times, Getty, AFP, Democratic, Council, Foreign Relations, Court Locations: Ukraine, Russian, Kherson, London, Russia, Krakow, Poland, England, Bucha, France, Rome, Democratic Republic of, Congo, Sierra Leone, Liberia, Yugoslavia

☆ 3M agrees to pay almost $10 million to settle apparent Iran sanctions violations
▼ + stars: | 2023-09-25 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

CNN —3M has agreed to pay almost $10 million to settle apparent violations of Iranian sanctions, the US Office of Foreign Assets Control said last week. The agency said 3M had 54 apparent violations of OFAC sanctions on Iran. One US person employed by 3M Gulf, a subsidiary in Dubai, was “closely involved” in the sale, OFAC said. OFAC notes Iranian law enforcement stands accused of human rights violations both in Iran and Syria. 3M voluntarily self-disclosed the apparent violations after discovering the sale hadn’t been authorized, according to OFAC.

Persons: Taavon Naja, OFAC, ” OFAC, “ Organizations: CNN, of Foreign, Control, 3M, Law Enforcement Forces, “ Locations: Iran, Switzerland, Dubai, Syria, United States, PFAS

☆ Russia tortured some Ukrainian victims to death, UN inquiry says
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Denis Balibouse Acquire Licensing RightsGENEVA, Sept 25 (Reuters) - Russia's torture methods in parts of Ukraine it occupied have been so brutal that it tortured some of its victims to death, the head of a U.N.-mandated investigative body said on Monday. "In some cases, torture was inflicted with such brutality that it caused the death of the victim," he said. Møse's commission visited parts of Ukraine formerly held by Russian forces such as in Kherson and Zaporizhzhia regions. The commission has previously said that violations committed by Russian forces in Ukraine, including the use of torture, may constitute crimes against humanity. Russia was given an opportunity to respond to the allegations at the council hearing but no Russian representative attended.

Persons: Jasminka Dzumhur, Erik Mose, Pablo de Greiff, Denis Balibouse, Erik Møse, Møse's, Emma Farge, Peter Graff Organizations: Independent International Commission of, United Nations, REUTERS, Rights, Human Rights, Russian, Thomson Locations: Ukraine, Geneva, Switzerland, Russian, Kherson, Zaporizhzhia, Russia

☆ It's not just you. LinkedIn has gotten really weird.
▼ + stars: | 2023-09-25 | by ( Rob Price | ) www.businessinsider.com time to read: +19 min

The number of LinkedIn posts grew 41% from 2021 to 2023. A larger rival account emerged, State Of LinkedIn, and a Reddit community thrived — "LinkedIn Lunatics." "Do you realize how dangerous it is to troll via LinkedIn posts? For most people, their LinkedIn posts don't escalate so rapidly. According to Joseph Yeh, a tech recruiter in California who used to work for LinkedIn, revelatory posting is a balancing act.

Persons: Matthew Sciannella, I'm, Sciannella, he'd, Peter Rota, Rota, Xavier Lalanne, There's, Oversharing, Gen, Catalina Valentino, Elon, Sarah Frier, John Hickey, Ted Talkification, you'd, Hickey, Peter Rota's, Hickey wasn't, ominously, Jack Raines, sagely, Alexander Cohen, Cohen's, Raines, Cohen, Jacqueline Rainey —, he's, Young, —, , John Reid, Jon Franko, Franko, Instagram, @BestofLinkedIn, Reid, hypocritically, Joseph Yeh, Yeh, Daniel Roth, Fortune, Roth, Sciannella's, didn't, Slack, Franko's, Jameson, who's, He's, Rob Price Organizations: LinkedIn, Facebook, Microsoft, peeing, Economic, Twitter, Bloomberg, Columbia Business School, New York, New York Mets Locations: Washington, DC, Massachusetts, Davos, San Francisco, San Francisco Bay, New York City, Columbia, Manhattan, Bay, Oakland, California

That is especially concerning for parents of younger kids and those whose disabilities can make finding child care an extra challenge. One failed legislative proposal would have let students in four-day districts transfer or attend private schools, with their home districts picking up the tab. “If everybody becomes a four-day school week,” she said, “that is no longer a recruitment strategy.”In some communities, a four-day week is better for families. “They’re making the shift to the four-day week because all the districts around them have adopted a four-day week,” he said. However, the Rand Corporation found achievement differences in four-day districts, while initially hard to spot, became apparent over multiple years.

Persons: — It's, Callahan, contorts, Keegan, ”, Hudson, Brandi Pruente, “, Paul Thompson, Harry Truman, Dale Herl, Jon Turner, Margie Vandeven, Tony Warren, Warren, Thompson, Karyn Lewis, Will Pierce, hasn't, Frank James Perrone Organizations: French, Oregon State University, Economic Commission, Missouri State University, Rand Corporation, Indiana University, Associated Press, Carnegie Corporation of New, AP Locations: Mo, U.S, Independence , Missouri, Kansas City, Missouri, Independence, Turner, Montana, Denver, 27J, ”, Carnegie Corporation of New York

☆ Sierra Space raising nearly $300 million from Japanese consortium at $5 billion valuation
▼ + stars: | 2023-09-25 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Sierra Space, the subsidiary of private aerospace contractor Sierra Nevada Corporation, is finalizing a raise of nearly $300 million, CNBC has learned. Sierra Space expects to announce the raise as soon as this week, those people said. Two years ago, Sierra Space raised $1.4 billion at a $4.5 billion valuation from investors including General Atlantic, BlackRock, AE Industrial Partners, Coatue and Moore Strategic Ventures. The fresh funds come as Sierra Space focuses on getting its Dream Chaser spaceplane flying. Sierra Space is also one of several companies working on a private space station.

Persons: MUFG Organizations: Space, Sierra Nevada Corporation, CNBC, Sierra, Tokio Marine, Citigroup, General Atlantic, Partners, Coatue, Moore Strategic Ventures, NASA Space Shuttle, United, Vulcan Locations: Tokio, BlackRock

☆ Canadian Sikh protests outside Indian mission off to a muted start
▼ + stars: | 2023-09-25 | by ( Wa Lone | ) www.reuters.com time to read: +3 min

Trudeau said last week Canada was pursuing "credible allegations" that Indian government agents may have been involved in Nijjar's murder. The Indian High Commissioner to Canada, Sanjay Kumar Verma, said concerned authorities have been informed of the protests. Nijjar, who worked as a plumber, left the north Indian state of Punjab a quarter-century ago and became a Canadian citizen. He has supported the formation of an independent Sikh homeland, called Khalistantan, to be created out of Punjab. The Canadian government has amassed both human and signals intelligence in a months-long investigation into the Sikh separatist leader, CBC News reported last week, citing unidentified sources.

Persons: Blair Gable, Justin Trudeau, Hardeep Singh Nijjar, Jatinder Singh Grewal, Trudeau, Grewal, Sanjay Kumar Verma, Verma, David Cohen, Wa, Denny Thomas, Chizu Nomiyama, Jonathan Oatis Organizations: High Commission of, REUTERS, Rights, Justice, Canada, Reuters, Sunday, Indian, Toronto Police Department, Canadian, CBC News, CTV News, Wa Lone, Thomson Locations: High Commission of India, Ottawa , Ontario, Canada, Toronto, British Columbia, Ottawa, Vancouver, Surrey, India, Delhi, Punjab, Canadian

☆ EU car group calls for urgent action on post-Brexit trade rules
▼ + stars: | 2023-09-24 | by ( Nick Carey | ) www.reuters.com time to read: +2 min

Puzzle with printed EU and UK flags is seen in this illustration taken November 13, 2019. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSept 25 (Reuters) - The European Union and Britain need to take urgent action to postpone rules for electric vehicles traded between the bloc and the UK that will trigger 10% tariffs, Europe's car industry group said on Monday. Under the EU-UK post-Brexit trade deal, EVs need to have 45% EU or UK content from 2024, with a 50%-60% requirement for their battery cells and packs, or face British or EU import tariffs of 10%. The ACEA has said the rules could cost carmakers up to 4.3 billion euros ($4.57 billion) in tariffs and hit output. In June, Stefan Fuehring, a European Commission official overseeing the post-Brexit EU-UK trade agreement, said the EU rules of origin were "fit for purpose" and that the bloc was not considering changing them.

Persons: Dado Ruvic, Luca de Meo, Stefan Fuehring, Nick Carey, Barbara Lewis Organizations: REUTERS, European Union, Automobile Manufacturers ' Association, Renault, EU, Ford, European Commission, Thomson Locations: Britain, British, EU

☆ Poland's arms spat with Ukraine has angered many in Europe, and it's only good news for Putin
▼ + stars: | 2023-09-23 | by ( Luke Mcgee | ) edition.cnn.com time to read: +7 min

A senior EU diplomat told CNN: “Ukraine already offered Poland a solution on grain. The country is currently trying to join both the EU and NATO, for which it has unanimous support. Most EU member states accept that in order to accommodate Ukraine, there will need to be substantial reform to how the EU operates. The final reason that officials across Europe are furious about this week’s events is that it hands Russian President Vladimir Putin a propaganda coup. Kremlin spokesperson Dmitry Peskov, when asked about the spat, used it to say “there are certain tensions between Warsaw and Kyiv.

Persons: Volodymyr Zelensky, Russia’s, Zelensky, Mateusz Morawiecki, Andrzej Duda, Angela Weiss, Wojtek Jargilo, ”, –, Poland –, Vladimir Putin, Dmitry Peskov Organizations: CNN, Ukraine, European Union, EU, Justice, UN, Getty, NATO, “, EU Commission, Kremlin Locations: Poland, Warsaw, Kyiv, Ukraine, Hungary, Slovakia, Europe, Polish, ” Poland, New York City, ”, Russia, EU, “ Ukraine, “, Brussels

Daibes is now a key figure in a sweeping bribery case brought against Menendez, his wife and multiple other associates. Menendez, according to the indictment, then badgered both Sellinger and the prosecutor who had been put in charge of Daibes case, calling them several times. Menendez also asked one of his political advisors to let Sellinger know he was upset with the way the Daibes case was being handled, according to the indictment. Last year, following a delayed trial, Daibes pleaded guilty in his bank fraud case. But his sentencing has been repeatedly delayed and is now scheduled to take place next month.

Persons: —, Sen, Bob Menendez, Philip Sellinger, Sellinger, Menendez, Fred Daibes, Daibes, ”, Tim Donohue, ” Daibes, James Delaney, “, Delaney's, Bridget Delaney, Joe Biden, Nadine, David Schertler, Nadine Menendez, ” Sellinger, Menendez's Organizations: Attorney, U.S, Edgewater, New, Commission of Investigation, Associated Press, Department of Justice, New Jersey U.S, Attorney’s Locations: New Jersey, Daibes, Egypt, Manhattan, U.S, Hudson, Edgewater , New Jersey, Union City, Edgewater, ”, Newark

The Citadel Securities logo is seen at their offices in Manhattan, New York City, U.S., October 31, 2022. REUTERS/Andrew Kelly Acquire Licensing RightsSept 22 (Reuters) - The U.S. Securities and Exchange Commission on Friday said Citadel Securities LLC, a Miami-based broker-dealer, had agreed to pay $7 million to settle charges it incorrectly handled millions of orders and violated short-selling rules. The SEC in a statement said Citadel Securities over a five-year period had incorrectly marked millions of orders, denoting short sales as long sales and vice versa. It said those incorrect markings resulted from a coding error in the firm's automated trading system. A Citadel spokesperson said the error was identified and addressed by the firm more than three years ago.

Persons: Andrew Kelly, Mark Cave, Rami Ayyub, Pete Schroeder, Carolina, Kirsten Donovan, Mark Porter Organizations: Citadel Securities, REUTERS, U.S . Securities, Exchange Commission, Citadel Securities LLC, SEC, Citadel, Thomson Locations: Manhattan , New York City, U.S, Miami

☆ Philippine issues health warning as volcano brings smog to capital, nearby provinces
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

The state volcanology and seismology institute said it observed upwelling of hot volcanic fluids in the Taal volcano's crater lake, resulting in the emission of volcanic gases. The alert remained at level 1 on a five-level scale, denoting a "slight increase in volcanic earthquake, and steam or gas activity". "We have reports of respiratory illnesses in Batangas province due to intoxication from the volcanic smog," Randy Dela Paz, operations section chief at the civil defence's southern Manila office, told DWPM radio. Volcanic smog, or vog, consists of fine droplets containing volcanic gas like sulfur that can cause irritation of the eyes, throat and respiratory tract. Authorities suspended Friday classes in dozens of towns and cities Cavite, Laguna, and Batangas provinces adjacent to Taal volcano, and in five cities in the capital region.

Persons: Randy Dela Paz, Neil Jerome Morales, Michael Perry Organizations: Manila spewed, Thomson Locations: MANILA, Philippine, Manila, Batangas, Philippines, Cavite, Laguna, Taal

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