Japan Retail Sales Rebound, Adding to Signs of Recovery
Japan’s retail sales rebounded more than expected in May from the previous month as the return of tourists
2023-06-29 09:24
Centerbridge Co-Founder Gallogly to Host Biden Fundraiser in NYC
Longtime Wall Street executive Mark Gallogly and his wife, Lise Strickler, will host a fundraiser at their home
2023-06-29 09:17
AI Will Help Fight Against Climate Change, Google’s DeepMind Executive Says
Artificial intelligence has the potential to accelerate world-altering innovations such as “limitless” clean energy and better meteorological models
2023-06-29 07:27
Powell and Central Bankers See More Tightening as Economies Withstand Hikes
The global economy and inflation have so far proved surprisingly resilient to a barrage of interest-rate increases, prompting
2023-06-29 06:58
Titan Submersible Disaster Probes Face Tricky Test of Criminal Liability
US and Canadian officials are looking into what went wrong in a commercial deep-sea adventure and whether crimes
2023-06-29 05:17
Biden touts his economic record in fiery speech: ‘Guess what – Bidenomics is working’
President Joe Biden touted his economic record amid continuing dissatisfaction among Americans with the state of the US economy, by saying his policies have proven effective. Mr Biden delivered a fiery speech on Wednesday in Chicago where he sought to flip a term that the Wall Street Journal has used against him – Bidenomics – into a positive. “I didn’t come up with the name, I really didn’t, I’m not offended by it,” he said. “I’m happy to call it Bidenomics.” The president, who is seeking re-election in 2024, said that the US economy has largely recovered from the recession caused by the Covid-19 pandemic. “Guess what? Bidenomics is working,” he said to applause. “When I took office, the pandemic was raging and the economy was reeling. Supply chains were broken. Millions of people were unemployed.” Despite low unemployment, many Americans continue to see inflation as a top priority. A survey from the Pew Research Center last week showed that 52 per cent of Democrats and 77 per cent of Republicans say inflation is still a “very big problem.” Mr Biden sought to soothe those concerns by saying he continues to prioritise lowering prices and noted how inflation is less than half of what it was one year ago. “Bringing down inflation remains one of my top priorities today,” he said. Mr Biden also mentioned the progress that his signature Inflation Reduction Act has made, such as allowing Medicare to negotiate drug prices. “We’ve been trying to get this done for decades and this time we finally beat big pharma for the first time,” he said. Mr Biden also touted how the law is aiding red states like West Virginia, the home of conservative Democratic Sen Joe Manchin, who has vocally criticised the Biden administration’s implementation of the law as he weighs whether to seek re-election in a staunchly Republican state. The president also touted the expansion of rural broadband, specifically naming Sen Tommy Tuberville (R-AL), who opposed the measure previously. “To no one’s surprise, it’s bringing along some converts,” he said. “People strenuously opposed voting against it when we had this going on. This was going to bankrupt America.” Mr Biden’s speech is one of his first outlining his economic doctrine as he seeks to create a contrast between himself and Republican presidential candidates. “This vision is a fundamental break from the economic theory that has failed America's middle class for decades: It’s called trickle-down economics,” he said, describing the economic theory that argues that cutting taxes for the wealthiest individuals and corporations would lead to wealth spreading to the middle-class and low-income Americans. “The trickle-down approach failed the middle class. It failed America.” He also sought to show that he could accomplish what his predecessor and would-be 2024 challenger former president Donald Trump could not achieve by passing the bipartisan infrastructure law. “Remember infrastructure week? Infrastructure week became infrastructure week and week and week and it never happened,” he said, a reference to the fact that the Trump administration regularly touted “infrastructure week.” “We got infrastructure decade done right off the bat.” Mr Biden also planned to continue to shore up cash for his re-election effort and shortly after the event, headed to a fundraiser at the J.W. Marriott’s Grand Ballroom that same day. Read More What next for Biden’s billion dollar broadband expansion? Watch as Biden makes statement on economic policy in Chicago US public debt is projected to reach 181% of American economic activity in 30 years Watch as Biden makes statement on economic policy in Chicago Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram
2023-06-29 03:54
All we know about Kramatorsk pizza restaurant missile strike that killed twin sisters
A Russian missile attack on a pizza restaurant in the eastern city of Kramatorsk has killed at least 11 people, including three teenagers, and left more than 60 people injured. Authorities in the city have named 14-year-old twins, Yuliya and Anna Aksenchenko, as being among the dead. In a Telegram post, the city's council extended its condolences to the parents of the girls, saying that "a Russian rocket stopped the beating of the hearts of two angels". Another girl, aged 17, was also killed "We share the grief of your family and together with you we bow our heads in deep sorrow," the city council said. What happened in the attack? The Pizza RIA restaurant was popular with both locals, as well as aid workers and journalists – and was said to be crowded when it was hit on Tuesday evening. "I ran here after the explosion because I rented a cafe here.... Everything has been blown out there," said Valentyna, a 64-year-old woman who declined to give her surname. "None of the glass, windows or doors are left. All I see is destruction, fear and horror. This is the 21st century," she told Reuters. Police said around 60 people were injured in the strike, which turned the restaurant into a pile of twisted beams. Emergency services posted pictures online of rescue teams sifting through the site with cranes and other equipment. The Donetsk regional governor – the area where Kramatorsk is located – Pavlo Kyrylenko told national television that people were visible under the rubble. Their condition was unknown, he said, but "we are experienced in removing rubble". Video footage on military Telegram channels showed one man, his head bleeding, receiving first aid on the pavement. Eight people had been rescued alive from the rubble and at least three more were believed to be trapped, Veronika Bakha, the spokeswoman for the Donetsk region emergency services said. The attack also damaged 18 multi-story buildings, 65 houses, five schools, two kindergartens, a shopping center, an administrative building and a recreational building, the regional governor, Mr Kyrylenko, said. Why Kramatorsk? Russia has been keeping up an aerial assault across Ukraine for months. Kramatorsk is a major city west of the frontlines in Donetsk province, a key logistics hub. It would likely be a key objective in any Russian advance westward seeking to capture all of the region. The city has been a frequent target of Russian attacks, including a strike on the town's railway station in April 2022 that killed dozens. It was one of the worst single air strikes of the war. There were at least two strikes on apartment buildings and other civilian sites earlier this year. Officials initially blamed the strike in Kramatorsk on an S-300 missile, a surface-to-air weapon that Russia's forces have repurposed for loosely targeted strikes on cities, but the National Police later said Iskander short-range ballistic missiles were used. Russia denies targeting civilian sites in its invasion of Ukraine – which began in February 2022 – a claim rubbished by Ukrainian officials and Western allies of Kyiv. Kramatorsk's position in the Donetsk region, one of four Ukrainian provinces that Russia claimed to annex last September but does not fully control. Russia annexed the region of Crimea almost a decade ago. Ukrainian-held parts of the partially occupied provinces have been hit especially hard by Russian bombardment. The Kremlin demands that Kyiv recognize the annexations, while Kyiv has ruled out any talks with Russia until its troops pull back from all occupied territories. Kyiv recently launched a much-anticipated counteroffensive to take back occupied territory. What other strikes have there been in the last 24 hours? A second missile hit a village on the fringes of Kramatorsk on Tuesday, injuring five. A Russian missile also hit a cluster of buildings in Kremenchuk, about 230 miles west in central Ukraine, exactly a year after an attack on a shopping mall there that killed at least 20. No casualties were reported in the latest attack. On Wednesday morning, the head of the Kharkiv region said three civilians have been killed in Russian shelling. "Unfortunately, as a result of this shelling, three civilians in the village of Vovchanski Khutory were killed near their homes," governor Oleh Synehubov wrote on the Telegram messaging app. What has been the Ukrainian response? On Wednesday, Ukrainian authorities arrested Wednesday a man they accused of helping Russia direct the missile strike. The Security Service of Ukraine alleged in a message on Telegram that the man had filmed the restaurant for the Russians and informed them about its popularity. Vasyl Malyuk, the head of the Security Service of Ukraine, said in a statement: “The agent of the Russian Federation will definitely answer to the Ukrainian court. But his detention is also a signal to all other adjusters and traitors who work for the enemy. Remember – the punishment is inevitable!” Ukrainian President Volodymyr Zelensky said in his nightly video message on Tuesday that the attacks showed that Russia "deserved only one thing as a consequence of what it has done – defeat and a tribunal". Ukraine has been pushing for a war crimes tribunal to deal with Russia's actions in Ukraine, and have been gathering evidence. Reuters and Associated Press contributed to this report Read More The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary Twin sisters, aged 14, among at least 11 dead in Russian missile strike in Ukraine Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram Footage shows scale of destruction after Russian strike on Kramatorsk restaurant
2023-06-29 03:54
NYC Faces Poor Air Quality as Smoke From Canada Fires Heads East
New York City, Long Island and New Jersey have been hit with air-quality alerts as another plume of
2023-06-29 01:51
Man tears up and burns Quran in protest approved by Swedish police
A man tore up and burned a copy of the Quran outside a mosque in Sweden on the first day of Eid – after police granted permission for the demonstration Police later charged the man with agitation against an ethnic or national group. While Swedish police have rejected several recent applications for anti-Koran demonstrations, courts have overruled those decisions, saying they infringed on freedom of speech. "It's legal but not appropriate," Sweden’s Prime Minister Ulf Kristersson said. The protest risks sparking a fresh diplomatic row with Turkey, who have been holding up Sweden’s bid to join Nato – an application made in the wake of Russia’s invasion of UKraine – over such protests, as well as accusations from Ankara that Stockholm is harbouring people it considers terrorists. Turkey has asked for a number of extraditions and for Sweden to address its security concerns. At the protest, some 200 onlookers witnessed one of the two organisers tearing up pages of a copy and wiping them on his shoe – before eventually setting the book on fire. After the burning, police charged the man who set fire to the Koran with agitation against an ethnic or national group and with a violation of a ban on fires that has been in place in Stockholm since mid-June. Some of those present shouted ‘God is great’ in Arabic to protest against the burning, and one man was detained by police after he attempted to throw a rock. Representatives of the mosque were disappointed by the police decision to grant permission for the latest protest on the Muslim holiday of Eid al-Adha, mosque director and Imam Mahmoud Khalfi said on Wednesday. "The mosque suggested to the police to at least divert the demonstration to another location, which is possible by law, but they chose not to do so," Mr Khalfi said in a statement. Sweden applied to joint the alliance in the wake of the Kremlin launching its invasion of Ukraine last year, alongside neighbour Finland. The pair decided to drop their long-held stance of military neutrality in the face of Moscow’s aggression. Finalnd were welcomed into the bloc in April, and there were hopes that Sweden could follow suit at a summit in Lithuania in July. But that requires sign-off from all the blocs members. Beyond Turkey, Hungary has also been dragging out ratifying the move, despite officials suggesting they were behind the move. The Nato secretary-general, Jens Stoltenberg, announced on Wednesday that he has called a meeting of senior officials from Turkey, Sweden and Finland on 6 July, ahead of the summit later in the month, to try to overcome Turkish objections. "The time is now to welcome Sweden as a full member of Nato," Mr Stoltenberg told reporters as he announced his last-ditch effort. Foreign ministers, intelligence chiefs and security advisers from Turkey, Sweden and Finland, which joined Nato in April, will be taking part in the talks in Brussels. But the chance of membership being granted in July now look increasingly remote. The Turkish foreign minister, Hakan Fidan, condemned the protest as “vile” in a tweet. He added that it was unacceptable to allow anti-Islam protests in the name of freedom of expression. In late January, Turkey suspended talks with Sweden on its Nato application after a Danish far-right politician burned a copy of the Quaran near the Turkish embassy in Stockholm. In a phone call – that took place on Wednesday seemingly before the latest burning – Turkey’s President Recep Tayyip Erdogan told the German chancellor, Olaf Scholz, that while Sweden had taken steps in the right direction, there were still aspects of their behaviour that were “unacceptable” to Ankara. Meanwhile, Hungary’s parliament postponed ratifying Sweden's Nato accession to its autumn legislative session. The postponement, the latest in a long succession of delays that have gone on for a year, there was no suggestion in the announcement that the protest in Stockholm had played a part. Additional reporting by Reuters Read More NATO chief convenes July 6 talks hoping to convince Turkey to let Sweden join NATO warns not to underestimate Russian forces, and tells Moscow it has increased preparedness Cleverly to renew UK backing for Sweden’s Nato bid during visit
2023-06-29 01:45
Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram
Cambodian Prime Minister Hun Sen, a devoted and very active user of Facebook — on which he has posted everything from photos of his grandchildren to threats against his political enemies — said Wednesday that he will no longer upload to the platform and will instead depend on the Telegram app to get his message across. Telegram is a popular messaging app that also has a blogging tool called “channels.” In Russia and some of the neighboring countries, it is actively used both by government officials and opposition activists for communicating with mass audiences. Telegram played an important role in coordinating unprecedented anti-government protests in Belarus in 2020, and currently serves as a major source of news about Russia’s war in Ukraine. The 70-year-old year Hun Sen is listed as having 14 million Facebook followers, though critics have suggested a large number are merely “ghost” accounts purchased in bulk from so-called “click farms,” an assertion the long-serving prime minister has repeatedly denied. The Facebook accounts of Joe Biden and Donald Trump by comparison boast 11 million and 34 million followers, respectively, though the United States has about 20 times the population of Cambodia. Hun Sen officially launched his Facebook page on Sept. 20, 2015, after his fierce political rival, opposition leader Sam Rainsy, effectively demonstrated how it could be used to mobilize support. Hun Sen is noted as a canny and sometimes ruthless politician, and has since then managed to drive his rival into exile and neutralize all his challengers, even though Cambodia is a nominally democratic state. Hun Sen said he is giving up Facebook for Telegram because he believes the latter is more effective for communicating. In a Telegram post on Wednesday he said it will be easier for him to get his message out when he is traveling in other countries that officially ban Facebook use. China, the top ally of his government, is also the biggest country with a Facebook ban. Hun Sen has 855,000 followers so far on Telegram, where he appears to have started posting in mid-May. It is also possible that Hun Sen’s social media loyalty switch has to do with controversy over remarks he posted earlier this year on Facebook that in theory could see him get at least temporarily banned from the platform. As the country’s top leader for 38 years, he has earned a reputation for heated rhetoric, and in January, speaking at a road construction ceremony, he decried opposition politicians who accused his ruling Cambodian People’s Paty of stealing votes. “There are only two options. One is to use legal means and the other is to use a stick,” the prime minister said. “Either you face legal action in court, or I rally (the Cambodian) People’s Party people for a demonstration and beat you up.” His remarks were spoken on Facebook Live and kept online as a video. Perhaps because of heightened consciousness about the power of social media to inflame and trigger violence in such countries as India and Myanmar, and because the remarks were made ahead of a general election in Cambodia this July, complaints about his words were lodged with Facebook’s parent company, Meta. Facebook’s moderators declined to recommend action against Hun Sen, judging that his position as a national leader made his remarks newsworthy and therefore not subject to punishment despite their provocative nature. However, the case was forwarded in March to Meta’s Oversight Board, a group of independent experts that is empowered to render an overriding judgment that could limit Hun Sen’s Facebook activities. They may issue a decision in the next few weeks. The case is being closely watched as an indicator of where Facebook will draw the line in countries with volatile political situations. Hun Sen said his Facebook account will remain online but he will no longer actively post to it. He urged people looking for news from him to check YouTube and his Instagram account as well as Telegram, and said he has ordered his office to establish a TikTok account to allow him to communicate with his country’s youth.. ___ Peck reported from Bangkok. Dasha Litvinova contributed from Tallinn, Estonia. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Cambodian lawmakers approve changes to election law that disqualify candidates who don't vote Trump’s latest defence in the classified documents case: ‘Bravado’ Trump gives ‘bravado’ defence for secret papers tape as he sues E Jean Carroll – live
2023-06-29 00:53
‘Dome of Doom’ Scorching Texas and Mexico Is About to Spread (1)
The heat that has set records across Texas and Mexico will be spreading across the central and southern
2023-06-28 21:18
How the I-95 Bridge Reopened Just 12 Days After Fiery Collapse
Less than two weeks after a bridge collapse in Philadelphia on a key stretch of US Interstate 95,
2023-06-28 18:25