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London court to decide whether WikiLeaks founder Assange is extradited to the US

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The court said that if Assange, who is an Australian citizen, couldn’t rely on the First Amendment then it was arguable his extradition would be incompatible with the European Convention on Human Rights, which also provides free speech and press protections.

WikiLeaks founder Julian Assange faces a hearing Monday in the High Court in London that could end with him being sent to the US to face espionage charges, or provide him another chance to appeal his extradition.

The outcome will depend on how much weight judges give to assurances US officials have provided that Assange’s rights won’t be trampled if he goes on trial.

In March, two judges rejected the bulk of Assange’s arguments but said he could take his case to the Court of Appeal unless the US guaranteed he would not face the death penalty if extradited and would have the same free speech protections as a US citizen.

The court said that if Assange, who is an Australian citizen, couldn’t rely on the First Amendment then it was arguable his extradition would be incompatible with the European Convention on Human Rights, which also provides free speech and press protections.

The US has provided those reassurances, though Assange’s legal team and supporters argue they are not good enough to rely on to send him to the US federal court system.

The US, for example, said Assange could seek to rely on the rights and protections of the First Amendment but that a decision on that would ultimately be up to a judge. In the past, the US said it would argue at trial that he was not entitled to constitutional protection because he’s not a US citizen.

“The US has limited itself to blatant weasel words claiming that Julian can ‘seek to raise’ the First Amendment if extradited,” his wife, Stella Assange, said. “The diplomatic note does nothing to relieve our family’s extreme distress about his future — his grim expectation of spending the rest of his life in isolation in US prison for publishing award-winning journalism.”

Assange, 52, has been indicted on 17 espionage charges and one charge of computer misuse over his website’s publication of a trove of classified US documents almost 15 years ago. American prosecutors allege that Assange encouraged and helped US. Army intelligence analyst Chelsea Manning steal diplomatic cables and military files that WikiLeaks published.

His lawyers say he could face up to 175 years in prison if convicted, though American authorities have said any sentence would likely be much shorter.

Assange’s family and supporters say his physical and mental health have suffered during more than a decade of legal battles, including taking refuge in the Ecuadorian Embassy in London from 2012 until 2019. He has spent the last five years in a British high-security prison.

Assange’s lawyers argued in February that he was a journalist who exposed US military wrongdoing in Iraq and Afghanistan. Sending him to the US, they said, would expose him to a politically motivated prosecution and risk a “flagrant denial of justice.”

The US government said his actions went way beyond those of a journalist gathering information and put lives at risk in his bid to solicit, steal and indiscriminately publish classified government documents.

If Assange prevails Monday, it would set the stage for an appeal process likely to extend what has already been a long legal saga.

If the court accepts the word of the US, it would mark the end of Assange’s legal challenges in the UK, though it’s unclear what would immediately follow.

His legal team is prepared to ask the European Court of Human Rights to intervene. But his supporters fear Assange could possibly be transferred before the court in Strasbourg, France, could halt his removal.

The court could also postpone issuing a decision.

If he loses in court, he still may have another shot at freedom.

President Joe Biden said last month that he was considering a request from Australia to drop the case and let Assange return to his home country.

Officials provided no other details but Stella Assange said it was “a good sign” and Australian Prime Minister Anthony Albanese said the comment was encouraging.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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China sanctions Boeing, two US defence contractors for Taiwan arms sales

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The move is the latest in a series of sanctions Beijing has announced in recent years against defence companies for weapons sales to Taiwan, a self-ruled island that China considers as part of its own territory.

China’s Ministry of Commerce announced sanctions against Boeing and two other defence companies Monday for arms sales to Taiwan, on the day of Taiwan’s presidential inauguration.

The move is the latest in a series of sanctions Beijing has announced in recent years against defence companies for weapons sales to Taiwan, a self-ruled island that China considers as part of its own territory.

China’s Ministry of Commerce placed Boeing’s Defence, Space & Security unit, General Atomics Aeronautical Systems, and General Dynamics Land Systems, on what is called an “unreliable entities” list, forbidding their further investment in China, in addition to travel bans on senior management for the companies.

Lai Ching-te, Taiwan’s new president, has vowed to strengthen Taiwan’s security through imports of advanced fighters and other technology and strengthening its domestic defence industry.

In April, China froze assets of General Atomics Aeronautical Systems and General Dynamics Land Systems held within China.

Corporate filings show General Dynamics operates a half-dozen Gulfstream and jet aviation services operations in China, which remains heavily reliant on foreign aerospace technology even as it attempts to build its own presence in the field.

The company also helps make the Abrams tank, which is being purchased by Taiwan to replace outdated armour intended to deter or resist an invasion from China.

General Atomics produces the Predator and Reaper drones used by the US military, though it is unclear what weapons if any the company sells to Taiwan.

In 2022, China announced sanctions against Ted Colbert, the president and CEO of Boeing Defence, Space and Security. after the company won a USD 355 million contract to supply Harpoon missiles to Taiwan.

Taiwan has faced increasing military harassment from China’s People Liberation Army, which regularly flies fighter jets and sails warships near the island.

The likely impact of Beijing’s sanctions on businesses such as Boeing is unclear. The United States bars most sales of weapons-related technology to China, but some military contractors also have civilian businesses in aerospace and other industries.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Elon Musk, Indonesian health minister, launch Starlink for health sector

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Musk, the billionaire head of SpaceX and Tesla, arrived on the Indonesian resort island of Bali by private jet before attending the launch ceremony at a community health centre in the provincial capital, Denpasar.

Elon Musk and Indonesian Health Minister Budi Gunadi Sadikin launched SpaceX’s satellite internet service for the nation’s health sector on Sunday, aiming to improve access in remote parts of the sprawling archipelago.

Musk, the billionaire head of SpaceX and Tesla, arrived on the Indonesian resort island of Bali by private jet before attending the launch ceremony at a community health centre in the provincial capital, Denpasar.

Musk, wearing a green batik shirt, said the availability of the Starlink service in Indonesia would help millions in far-flung parts of the country to access the internet. The country is home to more than 270 million people and three different time zones,

“I’m very excited to bring connectivity to places that have low connectivity,” Musk said, “If you have access to the internet you can learn anything.”

Starlink was launched at three Indonesian health centres on Sunday, including two in Bali and one on the remote island of Aru in Maluku.

A video presentation screened at the launch showed how high internet speeds enabled the real-time input of data to better tackle health challenges such as stunting and malnutrition.

Asked about whether he planned to also invest in Indonesia’s electric vehicle industry, Musk said he was focused on Starlink first.

“We are focusing this event on Starlink and the benefits that connectivity brings to remote islands,” he said, “I think it’s really to emphasize the importance of internet connectivity, how much of that can be a lifesaver.”

Indonesia’s government has been trying for years to lure Musk’s auto firm Tesla to build manufacturing plants related to electric vehicles as the government wants to develop its EV sector using the country’s rich nickel resources.

The tech tycoon is scheduled to meet Indonesian President Joko Widodo on Monday, where he will also address the World Water Forum taking place on the island.

Communications Minister Budi Arie Setiadi, who also attended the Bali launch, said Starlink was now available commercially, but the government would focus its services first for outer and underdeveloped regions.

Prior to Sunday’s launch, Starlink obtained a permit to operate as an internet service provider for retail consumers and had been given the go-ahead to provide networks, having received a very small aperture terminal (VSAT) permit, Budi Setiadi told Reuters.

SpaceX’s Starlink, which owns around 60% of the roughly 7,500 satellites orbiting earth, is dominant in the satellite internet sphere.

Indonesia is the third country in Southeast Asia where Starlink will operate. Malaysia issued the firm a license to provide internet services last year and a Philippine-based firm signed a deal with SpaceX in 2022.

Starlink is also used extensively in Ukraine, where it is employed by the military, hospitals, businesses and aid organisations.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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An ultimatum raises pressure on Netanyahu to make postwar plans for Gaza, even as fighting rages

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Benny Gantz, a member of the War Cabinet and Netanyahu’s main political rival, said he would leave the government on June 8 if it did not formulate a new war plan including an international, Arab and Palestinian administration to handle civilian affairs in Gaza.

Israeli Prime Minister Benjamin Netanyahu is under mounting pressure from his own War Cabinet and his country’s closest ally over postwar plans for Gaza, even as the war with Hamas shows no sign of ending.

On Saturday, Benny Gantz, a member of the War Cabinet and Netanyahu’s main political rival, said he would leave the government on June 8 if it did not formulate a new war plan including an international, Arab and Palestinian administration to handle civilian affairs in Gaza.

Defense Minister Yoav Gallant, the third member of the Cabinet, has also called for a plan for Palestinian administration and said in a speech this week that he wouldn’t agree to Israel governing Gaza itself.

The United States has meanwhile called for a revitalized Palestinian Authority to govern Gaza with assistance from Saudi Arabia and other Arab states ahead of eventual statehood. National Security Advisor Jake Sullivan is expected to push those plans when he visits Israel on Sunday.

So far, Netanyahu has brushed them all off. But Gantz’s ultimatum could reduce his margin for maneuver.

Netanyahu has ruled out any role for the Palestinian Authority in Gaza, saying he plans to hand civil responsibilities over to local Palestinians unaffiliated with it or Hamas. But he has also said that it’s impossible to make any such plans until Hamas is defeated because it has threatened anyone who cooperates with Israel.

Netanyahu’s government is also deeply opposed to Palestinian statehood.

In a statement issued after the ultimatum, Netanyahu said Gantz’s conditions would amount to ”defeat for Israel, abandoning most of the hostages, leaving Hamas intact and establishing a Palestinian state.”

Netanyahu added, however, that he still thought the emergency government was important for prosecuting the war, and that he “expects Gantz to clarify his positions to the public.”

Gantz’ departure would leave Netanyahu even more beholden to his far-right coalition allies, including National Security Minister Itamar Ben-Gvir and Finance Minister Bezalel Smotrich, who could more easily bring down the government if he doesn’t meet their demands.

They have called for Israel to reoccupy Gaza, encourage the “voluntary emigration” of Palestinians from the territory and reestablish Jewish settlements that were removed in 2005.

Critics of Netanyahu, including thousands who have joined weekly protests in recent months, accuse him of prolonging the war for his own political survival. Gantz, who brought his centrist party into the government days after the Oct. 7 attack that triggered the war, warned Netanyahu not to “choose the path of fanatics and lead the entire nation to the abyss.”

Netanyahu denies such accusations, saying he is focused on defeating Hamas and that elections would distract from the war effort.

Polls indicate Netanyahu would be driven from office if new elections were held, with Gantz most likely to replace him. That would probably mark the end of Netanyahu’s long political career and expose him to prosecution over longstanding corruption charges.

Israeli media have reported growing discontent within the country’s security establishment over the course of the war, with officials warning that the lack of any such planning was turning tactical victories into strategic defeat.

With no one else to govern Gaza, Hamas has repeatedly regrouped, even in the hardest-hit areas that Israel previously said it had cleared. Heavy fighting has erupted in recent days in the built-up Jabaliya refugee camp in the north and the Zeitoun neighbourhood on the outskirts of Gaza City.

Israeli troops are meanwhile pushing into parts of the southern city of Rafah in what they say is a limited operation. The fighting there has displaced some 800,000 people, many whom had already fled from other areas, and severely hindered the delivery of humanitarian aid.

Indirect talks mediated by the United States, Qatar and Egypt aimed at a cease-fire and the release of scores of hostages held by Hamas meanwhile appear at a standstill, with many of the hostages’ families and their supporters blaming the Israeli government.

“Something has gone wrong,” Gantz said in his address. “Essential decisions were not taken. Acts of leadership required to ensure victory were not carried out. A small minority has taken over the command bridge of the Israeli ship and is leading it toward a wall of rocks.”

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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UN top court holds hearings on Israel’s Rafah operations

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

It is the fourth time South Africa has asked the International Court of Justice for emergency measures since the nation launched proceedings alleging that Israel’s military action in its war with Hamas in Gaza amounts to genocide.

The United Nations’ top court opens two days of hearings on Thursday into a request from South Africa to press Israel to halt its military operation in the southern Gaza city of Rafah, where more than half of Gaza’s population has sought shelter.

It is the fourth time South Africa has asked the International Court of Justice for emergency measures since the nation launched proceedings alleging that Israel’s military action in its war with Hamas in Gaza amounts to genocide.

According to the latest request, the previous preliminary orders by the Hague-based court were not sufficient to address “a brutal military attack on the sole remaining refuge for the people of Gaza.”

Israel has portrayed Rafah as the last stronghold of the militant group, brushing off warnings from the United States and other allies that any major operation there would be catastrophic for civilians.

South Africa has asked the court to order Israel to withdraw from Rafah, to take measures to ensure unimpeded access for U.N. officials, humanitarian organizations, and journalists to the Gaza Strip, and to report back within one week on how it is meeting these demands.

During hearings earlier this year, Israel strongly denied committing genocide in Gaza and said it does all it can to spare civilians and is only targeting Hamas militants. It says Hamas’ tactic of embedding in civilian areas makes it difficult to avoid civilian casualties.

In January, judges ordered Israel to do all it can to prevent death, destruction, and any acts of genocide in Gaza, but the panel stopped short of ordering an end to the military offensive that has laid waste to the Palestinian enclave.

In a second order in March, the court said Israel must take measures to improve the humanitarian situation in Gaza, including opening more land crossings to allow food, water, fuel, and other supplies to enter.

Most of Gaza’s population of 2.3 million people have been displaced since fighting began.

The war began with a Hamas attack on southern Israel on Oct. 7 in which Palestinian militants killed around 1,200 people and took about 250 hostages. Gaza’s Health Ministry says over 35,000 Palestinians have been killed in the war, without distinguishing between civilians and combatants in its count.

South Africa initiated proceedings in December 2023 and sees the legal campaign as rooted in issues central to its identity. Its governing party, the African National Congress, has long compared Israel’s policies in Gaza and the occupied West Bank to its own history under the apartheid regime of white minority rule, which restricted most Blacks to “homelands.” Apartheid ended in 1994.

On Sunday, Egypt announced it plans to join the case. The Ministry of Foreign Affairs said Israeli military actions “constitute a flagrant violation of international law, humanitarian law, and the Fourth Geneva Convention of 1949 regarding the protection of civilians during wartime.”

Several countries have also indicated they plan to intervene, but so far only Libya, Nicaragua, and Colombia have filed formal requests to do so.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Honda boosts EV investments to $65 billion; aims US, China markets

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

By 2030, battery EVs and fuel cell EVs will make up 40% of Honda Motor Co.’s global auto sales, and it will have global production capacity for more than 2 million EVs, the Japanese automaker said.

Japanese automaker Honda reaffirmed its commitment to electric vehicles Thursday, saying it will invest 10 trillion yen ($65 billion) through fiscal 2031 to deliver EV models around the world, including the U.S. and China.

“Honda has not changed its belief that EVs are the most effective solution in the area of small mobility products such as motorcycles and automobiles,” the Tokyo-based company said in a statement.

By 2030, battery EVs and fuel cell EVs will make up 40% of Honda Motor Co.’s global auto sales, and it will have global production capacity for more than 2 million EVs, it said.

The so-called “0 Series,” a key part of Honda’s EV strategy, will be a totally new EV series created from “zero,” Chief Executive Toshihiro Mibe told reporters in an online presentation.

The 0 Series will be introduced in North America in 2026 and then rolled out globally, with seven models launched by 2030. In China, Honda will introduce 10 EV models by 2027, with 100% of its auto sales there EVs by 2035.

“We will become a frontrunner in changing lifestyles to attain sustainability goals, not wait for someone else to tackle them,” Mibe told reporters.

Despite some talk of a slowdown in electric vehicles in some markets, the move toward EVs remains solid in the long run, becoming dominant in the latter half of the 2020s, according to Honda, which makes Acura and Civic sedans and Gold Wing Tour motorcycles.

Honda’s determination to pursue battery and fuel-cell EVs appears to contrast with domestic rival Toyota Motor Corp.’s more varied or “multiple” powertrains approach, focusing on hybrids and other models that still have engines.

Honda is keeping hybrids in its lineup as it ramps up output of EVs, beefing up battery production, and making them thinner, aiming for zero accidents, Mibe said.

Of the 10 trillion yen ($65 billion) investment in the works, about 2 trillion yen ($13 billion) will go into research and development on software and another 2 trillion yen ($13 billion) into setting up comprehensive EV value chains in key markets such as the U.S., Canada and Japan.

About 6 trillion yen ($39 billion) will go into “monozukuri,” or “the art of making things” in Japanese, such as the construction of next-generation EV production plants, electrification of motorcycles and EV model development, the company said.

Mibe stressed Honda’s various partnerships, such as the one on developing EVs and intelligent driving technology with Japanese rival Nissan Motor Co., announced earlier this year.

Honda announced Wednesday it signed a deal with IBM to work together on computer chips and software for future vehicles, meeting the upcoming demand for better processing and lower power consumption.

“We are steadily and surely moving ahead to be prepared for electrification,” Mibe said.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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France imposes emergency in Pacific territory of New Caledonia as violent unrest turns deadly

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

France’s government also rushed hundreds of police reinforcements to the island, where pro-independence supporters have long pushed to break free from France.

France imposed an emergency on Wednesday (May 16) in the French Pacific territory of New Caledonia for at least 12 days, boosting security forces’ powers to quell deadly unrest in the archipelago where indigenous people have long sought independence.

Armed clashes and other violence that erupted on Monday following protests over voting reforms have left four people dead, including a gendarme, and injured more than 300, French authorities said.

French military forces were being deployed to protect ports and airports, to free up police and security forces battling looting, arson and other violence, Prime Minister Gabriel Attal announced as the emergency measures kicked in at 8 p.m. Paris time, which was 5 a.m. Thursday in New Caledonia.

“Nothing can ever justify violence,” Attal said. “Our absolute priority for the next few hours is the return to order and calm.”

The emergency measures give authorities greater powers to tackle the violence, including the possibility of house detention for people deemed a threat to public order and expanded powers to conduct searches, seize weapons and restrict movements, with possible jail time for violators. The last time France imposed such measures on one of its overseas territories was in 1985, also in New Caledonia, the Interior Ministry said.

France’s government also rushed hundreds of police reinforcements to the island, where pro-independence supporters have long pushed to break free from France. The Interior Ministry said 500 additional officers were expected within hours on the archipelago to bolster 1,800 police and gendarmes already there.

There have been more than 130 arrests so far, French authorities said.

Speaking to broadcaster France Info on Wednesday, Anne Clément, a resident of the capital, Noumea, hailed security forces reinforcements because the unrest has morphed into “a real urban guerrilla war.”

People have been confined to their homes for two days, terrified by “shooting from all sides,” Clément, a nursery director, told the French broadcaster. “We’ve stopped eating, we’ve stopped living, we’ve stopped sleeping,” she added.

“I don’t see how we could get out of the situation without the state of emergency,” she said.

There have been decades of tensions on the archipelago between Indigenous Kanaks seeking independence and descendants of colonizers who want to remain part of France.

After a two-hour security meeting on Wednesday with French President Emmanuel Macron and top ministers, Attal told parliament in Paris that the state of emergency would aim “to restore order in the shortest time possible.”

This week’s unrest erupted as the French legislature in Paris debated amending the French constitution to make changes to voter lists in New Caledonia. The National Assembly on Wednesday approved a bill that will, among other changes, allow residents who have lived in New Caledonia for 10 years to cast ballots in provincial elections.

Opponents say the measure will benefit pro-France politicians in New Caledonia and further marginalize indigenous Kanak people. They once suffered from strict segregation policies and widespread discrimination. The vast archipelago of about 270,000 people east of Australia is 10 time zones ahead of Paris.

From Macron down, France’s government made repeated calls for an end to the violence.

The territory’s top French official, High Commissioner Louis Le Franc, warned of the possibility of “many deaths” if calm isn’t restored. A police station was among dozens of places that were attacked, with shots fired, Interior Minister Gérald Darmanin said. Posting on X, he said a gendarme who had been shot was among the dead.

In Paris, Macron emphasized the need for political dialogue. Rival political parties in New Caledonia also jointly called for calm, saying in a statement: “We have to continue to live together.”

An overnight curfew in New Caledonia was extended to Thursday. Schools and the main airport remained closed, Le Franc said.

“The situation is not serious, it is very serious,” Le Franc said. “We have entered a dangerous spiral, a deadly spiral.”

He said some residents in the capital and neighboring municipalities formed “self-defense groups” to protect their homes and businesses.

New Caledonia became French in 1853 under Emperor Napoleon III, Napoleon’s nephew and heir. It became an overseas territory after World War II, with French citizenship granted to all Kanaks in 1957.

A peace deal between rival factions was reached in 1988. A decade later, France promised to grant New Caledonia political power and broad autonomy and hold up to three successive referendums.

The three referendums were organized between 2018 to 2021 and a majority of voters chose to remain part of France instead of backing independence. The pro-independence Kanak people rejected the results of the last referendum in 2021, which they boycotted because it was held at the height of the COVID-19 pandemic.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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TikTok content creators sue the US government over law that could ban the popular platform

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The lawsuit says the creators “rely on TikTok to express themselves, learn, advocate for causes, share opinions, create communities, and even make a living.”

Eight TikTok content creators sued the US government on Tuesday, issuing another challenge to the new federal law that would ban the popular social media platform nationwide if its China-based parent company doesn’t sell its stakes within a year.

Attorneys for the creators argue in the lawsuit that the law violates users’ First Amendment rights to free speech, echoing arguments made by TikTok in a separate lawsuit filed by the company last week. The legal challenge could end up before the Supreme Court.

The complaint filed Tuesday comes from a diverse set of content creators, including a Texas-based rancher who has previously appeared in a TikTok commercial, a creator in Arizona who uses TikTok to show his daily life and spread awareness about LGBTQ issues, as well as a business owner who sells skincare products on TikTok Shop, the e-commerce arm of the platform.

The lawsuit says the creators “rely on TikTok to express themselves, learn, advocate for causes, share opinions, create communities, and even make a living.”

“They have found their voices, amassed significant audiences, made new friends, and encountered new and different ways of thinking — all because of TikTok’s novel way of hosting, curating, and disseminating speech,” it added, arguing the new law would deprive them and the rest of the country “of this distinctive means of expression and communication.”

A spokesperson for TikTok said the company was covering the legal costs for the lawsuit, which was filed in a Washington appeals court. It is being led by the same law firm that represented creators who challenged Montana’s statewide ban on the platform last year. In November, a judge blocked that law from going into effect.

The Department of Justice said that the legislation that could ban TikTok “addresses critical national security concerns in a manner that is consistent with the First Amendment and other constitutional limitations. We look forward to defending the legislation in court.”

The federal law comes at a time of intense strategic rivalry between the US and China on a host of issues and as the two butt heads over sensitive geopolitical topics like China’s support for Russia in its invasion of Ukraine. US lawmakers and administration officials have aired concerns about how well TikTok can protect users’ data from Chinese authorities and have argued its algorithm could be used to spread pro-China propaganda, which TikTok disputes.

Under the law, TikTok’s parent company ByteDance would be required to sell the platform to an approved buyer within nine months. If a sale is in progress, the company will get a three-month extension to complete the deal.

However, TikTok and ByteDance said in their lawsuit last week that they would still have no choice but to shut down by January 19 because continuing to operate in the US wouldn’t be commercially, technologically or legally possible.

They assert it would be impossible for ByteDance to divest its US TikTok platform as a separate entity from the rest of TikTok, which has 1 billion users worldwide — most of them outside of the United States. A US-only TikTok would operate as an island detached from the rest of the world, the lawsuit argues. It also says the Chinese government — which would need to approve such a sale — has “made clear” it would not permit a sale of the recommendation algorithm that populates users’ feeds and has been the “key to the success of TikTok in the United States.”

In an interview, Brian Firebaugh, the Hubbard, Texas-based rancher who is part of the creator lawsuit, said he started his TikTok account in 2020 to help establish his brand and market the cattle-related products that he sells online. That decision allowed him to quit his full-time job and live off the income he was making from TikTok, where he currently has more than 430,000 followers.

Firebaugh, 44, said TikTok has also helped him build an online community with other ranchers and gave him the opportunity to participate in a Netflix reality show where his winnings allowed him and his wife to afford the adoption process for their son. Losing TikTok, he said, would disrupt everything.

“One hundred percent of our customers come from TikTok,” Firebaugh said. “For that to go away, you’re now stealing money out of my family’s mouths.”

Chloe Joy Sexton, a 29-year-old content creator who lives in Memphis, Tennessee, and runs a cookie business called Chloe’s Giant Cookies, said she started experimenting with TikTok four years ago after losing her prior job. Sexton said she had been posting content on other social media platforms, but only TikTok created a viral trajectory for her baking. Today, she has more than 2 million followers on the app, where she has also shared more intimate details about her life, such as losing her mother to brain cancer and subsequently adopting her little sister.

“There has been no evidence whatsoever that my information is in danger or anybody else’s,” said Sexton, who is one of the plaintiffs in the lawsuit. “Nobody has provided that — not the government, not anybody else. And to base this purchase, this tug of war that changes my life off of a hypothetical is so hurtful to me personally, because my government at that point is not protecting me.”

The creators are asking the court to issue a declaration saying the law is unconstitutional and an order that would prevent Attorney General Merrick Garland from enforcing it.

Also Read: Proposed US TikTok ban ‘not fair’, China’s foreign ministry says

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Alice Munro, Nobel literature winner revered as short story master, dead at 92

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

She was the first lifelong Canadian to win the Nobel and the first recipient cited exclusively for short fiction.

Nobel laureate Alice Munro, the Canadian literary giant who became one of the world’s most esteemed contemporary authors and one of history’s most honoured short story writers, has died at age 92.

A spokesperson for publisher Penguin Random House Canada said Munro, winner of the Nobel literary prize in 2013, died on Monday at home in Port Hope, Ontario. Munro had been in frail health for years and often spoke of retirement, a decision that proved final after the author’s 2012 collection, “Dear Life.”

Often ranked with Anton Chekhov, John Cheever and a handful of other short story writers, Munro achieved stature rare for an art form traditionally placed beneath the novel. She was the first lifelong Canadian to win the Nobel and the first recipient cited exclusively for short fiction. Echoing the judgment of so many before, the Swedish academy pronounced her a “master of the contemporary short story” who could “accommodate the entire epic complexity of the novel in just a few short pages.”

Munro, little known beyond Canada until her late 30s, also became one of the few short story writers to enjoy ongoing commercial success. Sales in North America alone exceeded 1 million copies and the Nobel announcement raised “Dear Life” to the high end of The New York Times’ bestseller list for paperback fiction. Other popular books included “Too Much Happiness,” “The View from Castle Rock” and “The Love of a Good Woman.”

Over a half century of writing, Munro perfected one of the greatest tricks of any art form: illuminating the universal through the particular, creating stories set around Canada that appealed to readers far away. She produced no single definitive work, but dozens of classics that were showcases of wisdom, technique and talent — her inspired plot twists and artful shifts of time and perspective; her subtle, sometimes cutting humor; her summation of lives in broad dimension and fine detail; her insights into people across age or background, her genius for sketching a character, like the adulterous woman introduced as “short, cushiony, dark-eyed, effusive. A stranger to irony.”

Her best known fiction included “The Beggar Maid,” a courtship between an insecure young woman and an officious rich boy who becomes her husband; “Corrie,” in which a wealthy young woman has an affair with an architect “equipped with a wife and young family”; and “The Moons of Jupiter,” about a middle-aged writer who visits her ailing father in a Toronto hospital and shares memories of different parts of their lives.

“I think any life can be interesting,” Munro said during a 2013 post-prize interview for the Nobel Foundation. “I think any surroundings can be interesting.”

Disliking Munro, as a writer or as a person, seemed almost heretical. The wide and welcoming smile captured in her author photographs was complemented by a down-to-earth manner and eyes of acute alertness, fitting for a woman who seemed to pull stories out of the air the way songwriters discovered melodies. She was admired without apparent envy, placed by the likes of Jonathan Franzen, John Updike and Cynthia Ozick at the very top of the pantheon. Munro’s daughter, Sheila Munro, wrote a memoir in which she confided that “so unassailable is the truth of her fiction that sometimes I even feel as though I’m living inside an Alice Munro story.” Fellow Canadian author Margaret Atwood called her a pioneer for women, and for Canadians.

“Back in the 1950s and 60s, when Munro began, there was a feeling that not only female writers but Canadians were thought to be both trespassing and transgressing,” Atwood wrote in a 2013 tribute published in the Guardian after Munro won the Nobel. “The road to the Nobel wasn’t an easy one for Munro: the odds that a literary star would emerge from her time and place would once have been zero.”

Although not overtly political, Munro witnessed and participated in the cultural revolution of the 1960s and ’70s and permitted her characters to do the same. She was a farmer’s daughter who married young, then left her husband in the 1970s and took to “wearing miniskirts and prancing around,” as she recalled during a 2003 interview with The Associated Press. Many of her stories contrasted the generation of Munro’s parents with the more open-ended lives of their children, departing from the years when housewives daydreamed “between the walls that the husband was paying for.”

Moviegoers would become familiar with “The Bear Came Over the Mountain,” the improbably seamless tale of a married woman with memory loss who has an affair with a fellow nursing home patient, a story further complicated by her husband’s many past infidelities. “The Bear” was adapted by Sarah Polley into the 2006 feature film “Away from Her,” which brought an Academy Award nomination for Julie Christie. In 2014, Kristen Wiig starred in “Hateship, Loveship,” an adaptation of the story “Hateship, Friendship, Courtship, Loveship, Marriage,” in which a housekeeper leaves her job and travels to a distant rural town to meet up with a man she believes is in love with her — unaware the romantic letters she has received were concocted by his daughter and a friend.

Even before the Nobel, Munro received honors from around the English-language world, including Britain’s Man Booker International Prize and the National Book Critics Circle award in the U.S., where the American Academy of Arts and Letters voted her in as an honorary member. In Canada, she was a three-time winner of the Governor’s General Award and a two-time winner of the Giller Prize.

Munro was a short story writer by choice, and, apparently, by design. Judith Jones, an editor at Alfred A. Knopf who worked with Updike and Anne Tyler, did not want to publish “Lives of Girls & Women,” her only novel, writing in an internal memo that “there’s no question the lady can write but it’s also clear she is primarily a short story writer.”

Munro would acknowledge that she didn’t think like a novelist.

“I have all these disconnected realities in my own life, and I see them in other people’s lives,” she told the AP. “That was one of the problems, why I couldn’t write novels. I never saw things hanging together too well.”

Alice Ann Laidlaw was born in Wingham, Ontario, in 1931, and spent much of her childhood there, a time and place she often used in her fiction, including the four autobiographical pieces that concluded “Dear Life.” Her father was a fox farmer, her mother a teacher and the family’s fortunes shifted between middle class and working poor, giving the future author a special sensitivity to money and class. Young Alice was often absorbed in literature, starting with the first time she was read Hans Christian Andersen’s “The Little Mermaid.” She was a compulsive inventor of stories and the “sort of child who reads walking upstairs and props a book in front of her when she does the dishes.”

A top student in high school, she received a scholarship to study at the University of Western Ontario, majoring in journalism as a “cover-up” for her pursuit of literature. She was still an undergraduate when she sold a story about a lonely teacher, “The Dimensions of a Shadow,” to CBC Radio. She was also publishing work in her school’s literary journal.

One fellow student read “Dimensions” and wrote to the then-Laidlaw, telling her the story reminded him of Chekhov. The student, Gerald Fremlin, would become her second husband. Another fellow student, James Munro, was her first husband. They married in 1951, when she was only 20, and had four children, one of whom died soon after birth.

Settling with her family in British Columbia, Alice Munro wrote between trips to school, housework and helping her husband at the bookstore that they co-owned and would turn up in some of her stories. She wrote one book in the laundry room of her house, her typewriter placed near the washer and dryer. Flannery O’Connor, Carson McCullers and other writers from the American South inspired her, through their sense of place and their understanding of the strange and absurd.

Isolated from the literary center of Toronto, she did manage to get published in several literary magazines and to attract the attention of an editor at Ryerson Press (later bought out by McGraw Hill). Her debut collection, “Dance of the Happy Shades,” was released in 1968 with a first printing of just under 2,700 copies. A year later it won the Governor’s General Award and made Munro a national celebrity — and curiosity. “Literary Fame Catches City Mother Unprepared,” read one newspaper headline.

“When the book first came they sent me a half dozen copies. I put them in the closet. I didn’t look at them. I didn’t tell my husband they had come, because I couldn’t bear it. I was afraid it was terrible,” Munro told the AP. “And one night, he was away, and I forced myself to sit down and read it all the way through, and I didn’t think it was too bad. And I felt I could acknowledge it and it would be OK.”

By the early ’70s, she had left her husband, later observing that she was not “prepared to be a submissive wife.” Her changing life was best illustrated by her response to the annual Canadian census. For years, she had written down her occupation as “housewife.” In 1971, she switched to “writer.”

Over the next 40 years, her reputation and readership only grew, with many of her stories first appearing in The New Yorker. Her prose style was straightforward, her tone matter of fact, but her plots revealed unending disruption and disappointments: broken marriages, violent deaths, madness and dreams unfulfilled, or never even attempted. “Canadian Gothic” was one way she described the community of her childhood, a world she returned to when, in middle age, she and her second husband relocated to nearby Clinton.

“Shame and embarrassment are driving forces for Munro’s characters,” Atwood wrote, “just as perfectionism in the writing has been a driving force for her: getting it down, getting it right, but also the impossibility of that.”

She had the kind of curiosity that would have made her an ideal companion on a long train ride, imagining the lives of the other passengers. Munro wrote the story “Friend of My Youth,” in which a man has an affair with his fiancee’s sister and ends up living with both women, after an acquaintance told her about some neighbors who belonged to a religion that forbade card games. The author wanted to know more — about the religion, about the neighbors.

Even as a child, Munro had regarded the world as an adventure and mystery and herself as an observer, walking around Wingham and taking in the homes as if she were a tourist. In “The Peace of Utrecht,” an autobiographical story written in the late 1960s, a woman discovers an old high school notebook and remembers a dance she once attended with an intensity that would envelop her whole existence.

“And now an experience which seemed not at all memorable at the time,” Munro wrote, “had been transformed into something curiously meaningful for me, and complete; it took in more than the girls dancing and the single street, it spread over the whole town, its rudimentary pattern of streets and its bare trees and muddy yards just free of the snow, over the dirt roads where the lights of cars appeared, jolting toward the town, under an immense pale wash of sky.”

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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11 people die in shootings in small town in southern Mexico state of Chiapas, prosecutors say

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The township — and the outlying hamlet of Morelia, where the killings occurred — is in a sparsely populated area near Mexico’s border with Guatemala.

Eleven people were killed Tuesday in mass shootings in a small town in the southern Mexico state of Chiapas, the state prosecutor’s office said.

The office said the shooting occurred in the township of Chicomuselo, an area known as a trafficking route for migrant and drug smuggling that has been hit by cartel turf battles in recent months.

The township — and the outlying hamlet of Morelia, where the killings occurred — is in a sparsely populated area near Mexico’s border with Guatemala.

There have been confrontations between drug cartels in the area as recently as Monday, but at least some of the victims of Tuesday’s shootings appeared to be simply residents of the town.

The border area of Chiapas has been plagued by violence as the rival Sinaloa and Jalisco New Generation cartels battle for territory. Thousands of people have been displaced as the cartels work to control migrant, drug and weapons smuggling routes and forcibly recruit locals.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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