Germany Risks €24 Billion Budget Hole, Lawmaker Says
Germany has a potential hole in its 2024 budget of as much as €24 billion ($26.4 billion), though
2023-11-29 17:20
ECB Faces Battle Over Bank Payouts as Top Watchdog Enria Departs
Several bank regulators dissatisfied with the European Central Bank’s tough stance on shareholder payouts are getting ready to
2023-11-29 16:54
Foreign Buying at Four-Year High Helps Fuel Pakistan Stock Rally
Pakistan’s red-hot stock rally is getting a fresh leg up from a return of foreign investors amid signs
2023-11-29 16:53
Spanish Inflation Unexpectedly Slows on Fuel, Tourism Costs
Spanish inflation unexpectedly eased, retreating for the first time since June thanks to drops in the costs of
2023-11-29 16:29
Prosus Sees E-Commerce Business Profit Sooner-Than-Expected
Prosus NV and majority owner Naspers Ltd. expect its e-commerce business to become profitable sooner-than-expected. The business, comprising
2023-11-29 16:18
Public Debt Markets Just Got Their First Cyber-Catastrophe Bond
For the first time, a cyber-catastrophe bond has made its way into public debt markets. Long Walk Reinsurance
2023-11-29 16:18
Kamala Harris Will Attend the COP28 Climate Summit in Dubai
COP28 Daily Reports: Sign up for the Green Daily newsletter for comprehensive coverage of the climate summit right
2023-11-29 15:52
French police arrest leader of tantric yoga group accused of exploiting followers
French authorities arrested the leader of a multinational tantric yoga organization Tuesday on suspicion of indoctrinating female followers for sexual exploitation. The Romanian guru at the heart of the Atman Yoga Federation was detained during a massive morning police operation across the Paris region, according to a French judicial official, who wasn’t authorized to speak publicly about an ongoing investigation. The French official identified the man as Gregorian B., whom French media identified as Gregorian Bivolaru, 71, an internationally known yoga teacher and author. The Altman federation, which is headquartered in England, runs yoga courses and yoga teacher trainings. According to the French official, the investigation into Bivolaru and the yoga federation, which also is known as the Movement for Spiritual Integration into the Absolute, began after reports of psychological manipulation and sexual exploitation within the organization. Former MISA members alerted authorities to the alleged abuses. Bivolaru is being charged with human trafficking, organized kidnapping, rape, and organized abuse of weakness by members of a sect, according to French authorities. International police agency Interpol also has issued a notice for Bivolaru's arrest on behalf of authorities in Finland, where he is wanted for alleged aggravated trafficking in human beings. The Altman federation's website and other sites on Bivolaru allege that he is the victim of a wide-ranging plot to discredit him. The raids in France involved 175 police officers and resulted in 40 other arrests across the French capital, Seine-et-Marne, Val-de-Marne, and the Alpes-Maritimes. The operation targeted several locations used by the organization, where women were reportedly indoctrinated and coerced into sexual practices. The locations, described as “ashrams,” served as housing for women selected by Bivolaru for initiation into tantric yoga practices, according to French authorities. Bivolaru, who was convicted of raping a minor in his native Romania, founded MISA in 1990. The organization expanded internationally as the Atman Yoga Federation. The French investigation found evidence that students were coerced into sexual activities that included participating in explicit video chats for monetary gain, according to the judicial official. These alleged activities, purportedly carried out under the pretense of tantric yoga teachings, formed a part of an intricate system of financial exploitation and control, the official said. ___ Associated Press writer John Leicester contributed Read More Stock market today: Asian shares mostly fall after Wall Street rallies Australia proposes new laws to detain potentially dangerous migrants who can't be deported New Zealand leader plans to ban cellphone use in schools and end tobacco controls in first 100 days A Hong Kong Court hears final arguments in subversion trial of pro-democracy activists Finland plans to close its entire border with Russia Rosalynn Carter set for funeral and burial in the town where she and her husband were born
2023-11-29 15:48
Iceland volcano – live: Experts reveal exact location for ‘likely’ eruption as magma flow continues
Almost 100 earthquakes shook Iceland from midnight today, as the country remains apprehensive about an imminent eruption. The strongest earthquake with a magnitude of 3.35 hit Vatnafjoll in South Iceland this morning at 5.56am, report the Icelandic Met Office. Yesterday night a seismic swarm started around the dike intrusion just north of the evacuated town of Grindavik. The Icelandic Met Office continues to warn of the “persistent likelihood of an imminent eruption”. In its latest update, the forecaster said there were around 100 earthquakes on Monday, with a “swarm” near the town which lasted just over an hour before midnight. A fortnight ago, Grindavik was evacuated after magma-induced seismic activity tore vast chasms through the streets of the town. While hundreds of earthquakes are still hitting the surrounding area daily, “seismic activity continues to decrease”, said the Icelandic Met Office, adding: “The likelihood of an imminent volcanic eruption diminishes with time.” However, one civil protection official told theThe Independent “It is still dangerous here ... I have never seen anything like it before. Usually we will have a few minutes warning to get out, but with the weather like it is today, we have even less.” Read More What to do with Grindavík: Has Iceland’s #1 selfie spot just emerged out of the ground? Is it safe to travel to Iceland? Your rights if you have a holiday booked Every resident of an Icelandic town was evacuated due to a volcano. Daring rescuers went back to save the pets
2023-11-29 15:48
Thailand Keeps Key Rate Steady at a Decade High as Growth Ebbs
Thailand kept its benchmark interest rate unchanged for the first time in 17 months as policymakers assess the
2023-11-29 15:19
Manulife Sees BOJ Avoiding Rate Increases as Global Growth Slows
The Bank of Japan is likely to refrain from raising interest rates in the coming year as the
2023-11-29 14:57
SocGen Downgrades India And Indonesia Stocks on Election Risks
India and Indonesia stocks have potential downside due to uncertainty ahead of their national elections next year, Societe
2023-11-29 14:51