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Citi Executive Backs Pause Clauses for Emerging-Market Debt
Citi Executive Backs Pause Clauses for Emerging-Market Debt
A senior banker at Citigroup Inc. said lenders need to accept so-called pause clauses to let struggling sovereign
1970-01-01 08:00
'It's iron sharpening iron': CNN Heroes join forces in Miami to take their work to the next level
'It's iron sharpening iron': CNN Heroes join forces in Miami to take their work to the next level
A first of its kind reunion took place when 2021 and 2022 Top 10 CNN Heroes gathered recently in Miami to receive nonprofit training and work together in a day of service, all while being celebrated at the Make Good Famous Summit hosted by the Elevate Prize Foundation.
1970-01-01 08:00
UK elections watchdog says new voter ID law stopped thousands from casting ballots
UK elections watchdog says new voter ID law stopped thousands from casting ballots
Britain’s electoral watchdog says about 14,000 people were prevented from voting in last month’s local elections because of a new law requiring voters to show photo identification
1970-01-01 08:00
New York Mets to play Philadelphia Phillies in London in 2024
New York Mets to play Philadelphia Phillies in London in 2024
The New York Mets and Philadelphia Phillies will play in London next season
1970-01-01 08:00
Honda recalls nearly 1.2M vehicles because rear camera image may not appear on dashboard screen
Honda recalls nearly 1.2M vehicles because rear camera image may not appear on dashboard screen
Honda is recalling nearly 1.2 million vehicles in the U.S. because the rear view camera image may not appear on the dashboard screen
1970-01-01 08:00
George Russell sends stark warning to F1 bosses: ‘There will be crashes’
George Russell sends stark warning to F1 bosses: ‘There will be crashes’
George Russell has warned about the realities of F1 banning tyre blankets for the 2024 season, insisting “there will be crashes”. Tyre blankets allow teams to heat their tyres to 70C for two hours before a grand prix session, with the result of more grip for the drivers coming out of the pits or at the start of the race. But to improve sustainability, tyre supplier Pirelli have been developing tyres that do not need pre-warming. Drivers have been testing dry-tyre versions, while the Monaco Grand Prix last month ran with blanket-free wet tyres. Yet Russell, who took part in a tyre test in Barcelona a few weeks ago, believes there are concerns about the prospective rule change for next year. “If I’m being totally honest, I don’t think we as a sport are at a position yet to bring these tyres into a racing scenario,” Russell said. "I would be very concerned for all the mechanics in the pit lane during a pitstop, I’d be very concerned for the out lap from a race in cold conditions. There will be crashes, I have no doubt about it. "And I think there’s a lot of work, expense, development going into these tyres. I feel like that could be put elsewhere." However, Pirelli insist its blanket-free slick tyres are raceable and the focus should instead switch on drivers changing their driving style to navigate their way around the circuit. Ferrari’s Charles Leclerc, who also participated in the test, said his testing of the tyres went well but echoed Russell’s worries. “In lower temperatures, I don’t know,” he said. “I haven’t tested these tyres in lower temperatures and that’s where the big question mark is. "So, very difficult to answer whether I will be happy to go. I would like to maybe test those tyres in different conditions and then see whether they are raceable in all conditions.” A decision on next year will be made after a final test, following the British Grand Prix in July, with Red Bull, Haas and Williams taking part. A vote amongst all 10 teams will then take place. Read More Audi name first driver to join F1 team ahead of 2026 season entry Are Red Bull now the most successful F1 team ever – and how long can this dominance last? Sergio Perez ‘under threat’ at Red Bull with young star tipped to replace him
1970-01-01 08:00
Ukraine-Russia war – live: Drone video shows Putin troop position wiped out in huge explosion
Ukraine-Russia war – live: Drone video shows Putin troop position wiped out in huge explosion
Drone footage shows the moment a Russian troop position is completely wiped out by a bomb in a huge explosion seen miles away from the impact. The clip was published by Ukraine’s defence ministry, which did not give any further details of the drone attack, although said it was carried out by the 72nd Mechanized Brigade. Earlier, president Vladimir Putin was accused of committing war crimes “on steroids” in Russia’s invasion of Ukraine. US Republican senator Lindsey Graham also warned that the threat of the Kremlin using nuclear weapons was “real”. Speaking at a joint press conference with Democrat senator Richard Blumenthal, he said: “Senator Blumenthal and I want to put everybody in this congress on notice that the threat of a use of a nuclear device by Russia is real and the best way to deter it is to give them clarity as to what happens if they do that - they will be in a war with NATO.” Read More European Union countries agree on a new package of sanctions against Russia over the war in Ukraine Jailed Putin critic Navalny launches anti-Kremlin campaign – as new trial could keep him in prison for decades Britain backs fast-track Nato membership for Ukraine
1970-01-01 08:00
Cambodian lawmakers approve changes to election law that disqualify candidates who don't vote
Cambodian lawmakers approve changes to election law that disqualify candidates who don't vote
Pro-government Cambodian lawmakers unanimously approved changes to the country’s election law on Friday that will ban anyone who fails to vote from running as a candidate in future elections, a move critics say is aimed at crippling the opposition’s chances in the polls. The measure was approved with minimal debate by all 111 lawmakers present in the National Assembly. All members of the assembly belong to Prime Minister Hun Sen’s Cambodian People’s Party. Hun Sen, who has been in power for 38 years, declared last week that the law would be amended ahead of July’s general election to compel candidates for public office to prove their civic responsibility. The amended law will take effect after approval by the Senate, a formality. Hun Sen’s critics say the action as his latest tactic to marginalize his political opponents, some of whom are considering an election boycott. He announced the plan less than a month after the main opposition party was barred from participating in the polls because it could not provide all of the paperwork required for registering. The Candlelight Party said it was unable to provide one document to the National Election Committee because it had been seized in a police raid several years ago. Cambodia’s Constitutional Council refused to overturn the election committee’s decision not to register the party, drawing widespread criticism that the election would not be fair without its participation. The ruling drew international condemnation. The U.S. State Department said it was “deeply troubled” by the decision to bar the Candlelight Party and urged the government “to reverse course to ensure its citizens can participate in a fair, multiparty democracy.” That action against the Candlelight Party was similar to what happened ahead of the 2018 general election, when the opposition Cambodia National Rescue Party posed a serious challenge to Hun Sen’s party. It was dissolved months ahead of the polls by a controversial court ruling that alleged it had plotted the illegal overthrow of the government. The party’s disbanding enabled Hun Sen’s party to win all the seats in the National Assembly. Under the amended election law, prospective candidates must have voted in at least two elections to qualify as a candidate in elections at the commune, district, municipality, provincial and national levels. Most prominent opposition figures are in self-imposed exile to avoid being jailed on various charges they say are trumped up and unfair, and the amendment would prevent them from running in future polls without any further action needed to bar them. Opposition figures still inside the country who fail to vote would face the same consequences. The amended law would also discourage an election boycott by placing opposition figures who wish to contest future polls in the awkward position of appearing to be hypocrites if they urge people not to vote while they themselves cast ballots. It will also discourage boycotts by allowing the election committee to impose a fine of 5 million-20 million riels ($1,200-$4,800) on anyone who encourages people not to register or vote. Anyone who incites people to use threats or violence against candidates or political party officials can also be fined and disqualified as candidates for five years. Political parties that fail to remove disqualified candidates can be fined 10 million-30 million riels ($2,420-$7,270). Hun Sen, 70, is an authoritarian ruler in a nominally democratic state. He and his party hold all the advantages of incumbency in the election in terms of political organizing, personnel, finances and media influence. About 9.7 million Cambodians are registered to vote for the 125-seat National Assembly. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Cambodian leader says people who don't vote will be barred from being candidates in future elections Trump legal team gave tapes to Jack Smith as MAGA loyalists turn on each other – live Infighting among Putin's lieutenants seems to reveal signs of 'deep dysfunction'
1970-01-01 08:00
Braves vs. Reds prediction and odds for Friday, June 23
Braves vs. Reds prediction and odds for Friday, June 23
The 40-35 Cincinnati Reds just keep on winning. Cincinnati has won 11 straight games in a stretch that includes three series sweeps.The Reds now face its toughest test with a matchup against the Atlanta Braves. The best team in the NL is in town for a three-game weekend set, so let’s get i...
1970-01-01 08:00
Roundup: Dua Lipa Shows Off Bikini Collection; Titanic Submersible Found; Spurs Select Victor Wembanyama No. 1
Roundup: Dua Lipa Shows Off Bikini Collection; Titanic Submersible Found; Spurs Select Victor Wembanyama No. 1
Dua Lipa shows off swimwear collection, Titanic submersible found after implosion, the Spurs took Victor Wembanyama in the NBA Draft and more in the Roundup.
1970-01-01 08:00
Don’t Expect the Trump Trial Over Classified Doccuments to Happen in August
Don’t Expect the Trump Trial Over Classified Doccuments to Happen in August
The Justice Department is on a tight timetable to work out conditions for using classified information in the
1970-01-01 08:00
Dollars Are So Scarce in Argentina That Yuan Use Is at a Record
Dollars Are So Scarce in Argentina That Yuan Use Is at a Record
It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is
1970-01-01 08:00
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