BMO Capital Markets Cuts About 100 Jobs With Deals Drying Up
Bank of Montreal’s capital markets unit is cutting about 100 positions, or 3.5% of the division’s staff, in
2023-06-29 01:55
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 01:53
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 01:17
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 00:56
Newsmax host offers bizarre defence of Trump over leaked audio about classified documents
A Newsmax host put up a bizarre defence of former President Donald Trump over the leaked audio in which he speaks about classified documents with guests at his Bedminster, New Jersey golf club two years ago. On the tape, obtained by CNN on Monday, Mr Trump says that the document, reportedly outlining plans of attack against Iran, was “highly confidential” and “secret information”. “See, as president I could have declassified it. Now I can’t,” Mr Trump said. The recording lines up with a previously reported transcript of the conversation with biographers working on a book about Mr Trump’s last White House Chief of Staff Mark Meadows. Newsmax host Lidia Curanaj argued on Tuesday that Mr Trump could have been lying at the time. Mr Trump was indicted in Miami, Florida earlier in June on 37 counts for willful retention of national defence information, in addition to six other federal violations. “So you know you have some people that say, ‘You know what? We don’t know one hundred per cent for sure that what Trump was holding up was actually a classified document. Was he just kind of being hyperbolic?’” Ms Curanaj said. She later held up a document on the programme American Agenda, adding, “I could say, ‘This is a classified document’—doesn’t make it true”. “You know how Trump is. We don’t know,” she said. Last week, Mr Trump appeared on Fox News for an interview with host Brett Baier, claiming that he had simply been discussing “newspaper stories, magazine stories, and articles”. “There was no document. That was a massive amount of papers and everything else talking about Iran and other things,” Mr Trump told Mr Baier. “And it may have been held up or may not, but that was not a document. I didn’t have a document, per se. There was nothing to declassify. These were newspaper stories, magazine stories, and articles.” On Tuesday while campaigning in New Hampshire, Mr Trump was asked about the tape on Fox News. “I said it very clearly, I had a whole desk full of lots of papers, mostly newspaper articles, copies of magazines, copies of different plans, copies of stories, having to do with many, many subjects, and what was said was absolutely fine,” Mr Trump said. “We did nothing wrong. This is a whole hoax.” “My voice was fine. What did I say wrong on those recordings? I didn’t even see the recording. All I know is I did nothing wrong,” he added. “We had a lot of papers, a lot of papers stacked up,” he said. “In fact, you hear the rustle of the paper. And nobody said that I did anything wrong other than the fake news, which is Fox, too.” On Monday, Mr Trump appeared on Newsmax, complaining about the Baier interview. “When I did the interview with Bret, I thought it was fine. I thought it was okay,” he said. “But there was nothing friendly about it. You know, it was nasty, and I thought I did a good job. I’ve been getting credit for doing a good job.” “Everything was unfriendly,” he said, adding that there was “no smiling”. Read More Trump news – live: Trump gives ‘bravado’ defence for classified documents tape as he sues E Jean Carroll Chris Christie attacks Trump for diverting campaign funds to legal battles: ‘Cheapest SOB I’ve ever met’ Kevin McCarthy walks back Trump criticism following backlash from Magaworld
2023-06-29 00:46
‘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 21:22
Switzerland Rejects Sale of Leopard 1 Tanks Bound for Ukraine
Switzerland blocked arms maker Ruag AG from selling almost 100 tanks in a deal that would have seen
2023-06-28 19:51
Thames Water’s Debt Woes Raise Specter of UK’s Energy Crisis
The UK is facing a potential water sector crisis as it considers a temporary takeover of Thames Water
2023-06-28 19:47
UK to Have Less Coal Power This Winter as Plants Start Closing
The UK is set to have less coal-fired electricity available this winter as two operators have started to
2023-06-28 19:22
World Bank raises Thailand 2023 growth outlook to 3.9% as tourists return
BANGKOK Thailand's economy is projected to grow 3.9% this year, up from a previous forecast of 3.6%, helped
2023-06-28 18:16
PAG Partner Kim Retires as PE Firms See Rising Departures
David Kim, a partner at PAG, is retiring from Asia’s biggest multi-asset manager after 13 years, leaving the
2023-06-28 17:48
South Africa Central Bank Governor Sees Rates Higher for Longer
South Africa’s central bank will keep monetary policy tight for longer to tame persistent inflation, Governor Lesetja Kganyago
2023-06-28 17:17