Bloomberg An Algerian convicted in 2015 for his involvement in an unsuccessful terrorist plot to blow up the Eiffel Tower and Louvre Museum in Paris can be deported to his home country without a credible risk of torture or other inhuman treatment, Europe’s top human rights tribunal has ruled. Ali Meguimi was sentenced in 2015 to a six-year prison term ...
Read More »US warships sail by Taiwan once again
Bloomberg American naval vessels transited through the Taiwan Strait for the second straight month, highlighting the US’s strategic rivalry with China as Taiwanese presidential hopeful and Foxconn founder Terry Gou called for the island to adopt high-tech defense mechanisms. The destroyers USS Stethem and USS William P Lawrence conducted a transit through the waters on Monday, US Seventh Fleet public ...
Read More »Trump ally calls for more sanctions on Moscow
Bloomberg Republican Senator Lindsey Graham, a close ally of Donald Trump, called for more sanctions on Russia and criticised presidential adviser Jared Kushner’s statements downplaying the significance of that country’s interference in the 2016 election. “I like Jared a lot, but he’s leaving out a big detail,†Graham said on CBS, noting that Russia hacked into the emails of Democratic ...
Read More »Jokowi leads Indonesia’s vote count
Bloomberg Indonesian President Joko Widodo led his challenger by about 12 percentage points midway through an official tally of votes cast in the election, weakening his rival’s claim of victory. Widodo, known as Jokowi, secured 56.2 percent of the votes, compared to 43.8 percent for challenger Prabowo Subianto with ballots from 52 percent of the polling stations tallied, according to ...
Read More »Hong Kong’s Carrie Lam defends extradition law
Bloomberg Hong Kong’s leader said she would press ahead with legislation to end a ban on extraditions to mainland China, despite opponents staging one of the largest mass protests since the 2014 Occupy movement. Chief Executive Carrie Lam reaffirmed her plan to pass by the end of the legislative session in July a bill allowing one-time transfers of criminal suspects ...
Read More »Who’s afraid of robots at workplaces, and why
An unsettling specter haunts the world economy: a future of ubiquitous robots that destroy millions of jobs. Sometimes this is called “artificial intelligenceâ€; sometimes it isn’t. Either way, it threatens the social stability of the United States and other advanced countries, which depend on most people working most of the time. Well, don’t believe it, says a massive new report. ...
Read More »Tesla’s cash shows need for speed
It took Tesla Inc. longer than usual to release its first-quarter results on April 24. One can see why. As the sales numbers foreshadowed (again, with an unusual delay), revenue dropped more than a third versus the prior quarter, although it was still up a third over a year earlier. Automotive gross profit margin came in at just under 20 ...
Read More »A big German victory on Britain’s high streets
The “Sasda†dream is over. Almost a year since British grocery giant J Sainsbury Plc clinched a clever 7.3 billion pound ($9.4 billion) deal to buy Walmart Inc.’s Asda, the UK’s Competition and Markets Authority has blocked the transaction. Both companies have agreed to walk away. The CMA is wrong to take such a harsh line, which went even further ...
Read More »Trump’s policies are a gift to Venezuela’s Maduro
President Donald Trump’s Venezuela gambit has come up short. Three months after the US recognised opposition leader Juan Guaido as president and rolled out far-reaching energy sanctions, Nicolas Maduro remains entrenched atop his militarised regime. Disappointed, the US administration has begun lashing out. Yet its new moves will divide the dozens of countries that have joined an anti-Maduro coalition, making ...
Read More »Africa’s only way out of poverty is to industrialise
African industrialisation has to be among the most important things happening in the world right now. The vast continent, with more than 1.2 billion people, is home to an increasing fraction of the human beings who are still mired in extreme poverty: By 2030, the World Bank projects that almost all the people in extreme poverty will live in sub-Saharan ...
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