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Yearly Archives :

2023

Maersk to send almost all ships via Suez, schedule shows

Maersk to send almost all ships via Suez, schedule shows 150 150 admin

By Louise Rasmussen

COPENHAGEN (Reuters) – Denmark’s Maersk will sail almost all container vessels travelling between Asia and Europe through the Suez Canal from now on while diverting only a handful around Africa, a Reuters breakdown of the group’s schedule showed on Thursday.

Major shipping companies, including container giants Maersk and Hapag-Lloyd, stopped using Red Sea routes and the Suez Canal earlier this month after Yemen’s Houthi militant group began targeting vessels, disrupting global trade.

Instead, they rerouted ships around Africa via the Cape of Good Hope to avoid attacks, charging customers extra fees and adding days or weeks to the time it takes to transport goods from Asia to Europe and to the east coast of North America.

But Maersk on Dec. 24 said it was preparing a return to the Red Sea, citing the deployment of a U.S.-led military operation to protect vessels, and on Wednesday released schedules showing ships were headed for Suez in the coming weeks.

A detailed breakdown showed that while Maersk had diverted 26 of its own ships around the Cape of Good Hope in the last 10 days or so, only five more were scheduled to start the same journey.

By contrast, more than 50 Maersk vessels are set to go via Suez in coming weeks, the company’s schedule showed.

But Maersk said alliance partner Mediterranean Shipping Company (MSC) continued to divert all MSC vessels via the Cape of Good Hope for the time being, regardless of date or point of departure and the direction they were sailing in.

MSC did not immediately respond to a request for comment.

Hapag Lloyd on Wednesday said it still considered the situation too dangerous to pass through the Suez Canal, adding that it planned to review the situation on Friday,

The Suez Canal is used by roughly one-third of global container ship cargo, and re-directing ships around the southern tip of Africa is expected to cost up to $1 million extra in fuel for every round trip between Asia and Northern Europe.

Among a handful of other third-party vessels in Maersk’s alliance that were set to sail in the coming weeks, two would be diverted around Africa while the rest would travel via Suez, the schedule showed.

All schedules remain subject to change based on specific contingency plans that may be formed over the coming days, Maersk has said.

The company did not immediately respond to a request for comment.

(Reporting by Louise Rasmussen, editing by Terje Solsvik and Christina Fincher)

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Chain-reaction collision in dense fog on Turkish motorway leaves at least 10 people dead, 57 injured

Chain-reaction collision in dense fog on Turkish motorway leaves at least 10 people dead, 57 injured 150 150 admin

ANKARA, Turkey (AP) — A chain-reaction crash Thursday involving seven vehicles on a motorway in northwest Turkey killed at least 10 people and injured 57 others, officials said.

The pileup occurred in dense fog and low visibility on the Northern Marmara Highway in Sakarya province, some 150 kilometers (93 miles) from Istanbul.

An investigation has been launched into the accident but Gov. Yasar Karadeniz of Sakarya said it likely occurred when a vehicle hit a truck in poor visibility, triggering other crashes at the rear.

At least three intercity buses were involved in the crash.

Authorities believe some passengers died when they left their vehicles and were struck by another vehicle, Karadeniz told reporters at the scene.

Seven of the injured were in serious condition, the governor said.

Police and emergency personnel were seen clearing the wreckage at the scene.

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Kratom faces scrutiny over danger to consumers

Kratom faces scrutiny over danger to consumers 150 150 admin

Kratom is commonly marketed as a wellness wonder, but the FDA warns not to use it due to the “risk of serious adverse effects.”
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Russia says some in the West are hinting at looking for peace in Ukraine

Russia says some in the West are hinting at looking for peace in Ukraine 150 150 admin

By Guy Faulconbridge

MOSCOW (Reuters) – Russian Foreign Minister Sergei Lavrov said on Thursday that some in the West were suggesting that Moscow should discuss peace in Ukraine because the United States and its allies had failed to defeat Russian forces in Ukraine.

Nearly two years into Russia’s full-scale invasion of Ukraine, Moscow controls about 17.5% of Ukrainian territory and a Ukrainian counter-offensive this year has failed to win any major territorial gains against Russian forces who have defended the front with extensive mine fields and swarms of drones.

Lavrov, in an interview with RIA state news agency and the Rossiya 24 TV channel, said there were signs that the West was changing its tactics and strategy on Ukraine.

“The West is really changing its tactics – maybe even thinking about clarifying the strategy. Because if the ‘strategic defeat of Russia’ is a strategy, forgive the tautology, then this strategy failed miserably,” Lavrov said.

“There are some approaches, some whispers: why don’t you (Russia) meet with someone in Europe who would be ready to talk, talk about Ukraine without Ukraine itself,” said Lavrov, who also reiterated that Moscow would achieve all its goals in Ukraine.

President Vladimir Putin has repeatedly said he is ready to talk about peace in Ukraine but on Russia’s terms. U.S. officials have said they think he is waiting for the 2024 U.S. presidential election before making any serious move towards peace.

Ukraine says it will not rest until every last Russian soldier is ejected from its territory as defined in 1991 when the Soviet Union collapsed. The West says it will not push Ukraine towards peace.

Putin casts the Ukraine war as a battle for Russian survival against an arrogant West which he says is plotting to cleave Russia apart and to steal its vast natural resourves.

U.S. President Joe Biden has said the West does not seek to destroy Russia but wants Kyiv to defeat Moscow’s forces on Ukrainian territory. Biden also said in 2022 that Russia had suffered a “strategic failure” in Ukraine.

Lavrov, who has been in post since 2004, also said on Thursday that major Western powers had met in “secret” about 10 days ago as part of a G7 plus developing nations meeting to discuss a “peace formula” proposed by Ukrainian President Volodymyr Zelenskiy.

Lavrov said they had agreed on a further meeting in January and a “peace summit” in February based on the Zelenskiy peace formula. Reuters could not independently verify his assertions.

Zelenskiy’s 10-point peace plan calls for the withdrawal of Russian troops and cessation of hostilities and the restoration of Ukraine’s state borders with Russia.

Moscow says the Zelenskiy idea is absurd as it does not include Russia in talks.

(Additional reporting by Vladimir Soldatkin in Moscow)

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Factbox-Trump’s second-term agenda: revenge, trade wars, mass deportations

Factbox-Trump’s second-term agenda: revenge, trade wars, mass deportations 150 150 admin

WASHINGTON (Reuters) -Republican Donald Trump is planning to punish his political enemies, deport millions of migrants and reshape global trade with pricey tariffs if he wins a second White House term in the November 2024 presidential election, according to his campaign and media reports.

Here is a look at some of the policies Trump has pledged to institute:

TRADE

Trump has floated the idea of a 10% tariff on all goods imported into the United States, a move he says would eliminate the trade deficit but one critics say would lead to higher prices for American consumers and global economic instability.

He has also said he should have the authority to set higher tariffs on countries that have established tariffs on American imports.

Trump, in particular, has targeted China. He proposes phasing out Chinese imports of goods such as electronics, steel and pharmaceuticals over four years. He seeks to prohibit Chinese companies from owning U.S. infrastructure in the energy and tech sectors.

FEDERAL BUREAUCRACY

Trump would seek to decimate what he terms the “deep state” – career federal employees he says are clandestinely pursuing their own agendas – through an executive order that would reclassify thousands of workers to enable them to be fired. That would likely be challenged in court. He has vowed to fire what he terms “corrupt” actors in national security positions and “root out” his political opponents.

Trump would require every federal employee to pass a new civil service test of his own creation. His team is also vetting scores of potential hires who could be counted on to implement his policies or perhaps investigate Trump’s political enemies.

He would crack down on federal whistleblowers who are typically shielded by law and would institute an independent body to “monitor” U.S. intelligence agencies.

Trump also would seek to bring independent regulatory agencies such as the Federal Communications Commission and the Federal Trade Commission under presidential control.

ENERGY

Trump has vowed to increase U.S. production of fossil fuels by easing the permitting process for drilling on federal land and would encourage new natural gas pipelines.

He has said he will pull the United States out of the Paris Climate Accords, a framework for reducing global greenhouse gas emissions and would support increased nuclear energy production. He would also roll back the Biden White House’s electric-vehicle mandates and other policies aimed at reducing auto emissions.

ECONOMY

Along with his trade and energy agendas, Trump has promised to slash federal regulations he argues limit job creation. He and his economic team have discussed a further round of individual and corporate tax cuts beyond those enacted in his first term. He said as president he would pressure the Federal Reserve to lower interest rates.

Trump is proposing the government establish so-called “freedom cities” on federal land that he says would spur job growth and technological innovation.

IMMIGRATION

Trump has vowed to reinstate first-term policies targeting illegal border crossings, roll back Biden’s pro-immigrant measures and forge ahead with sweeping new restrictions.

Trump has pledged to limit access to asylum at the U.S.-Mexico border and embark on the biggest deportation effort in American history, which would likely trigger legal challenges and opposition from Democrats in Congress.

Trump has said he would seek to end automatic citizenship for children born to immigrants, a move that would run against the long-running interpretation of the U.S. Constitution.

ABORTION

Trump appointed three justices to the U.S. Supreme Court who were part of the majority that did away with constitutional protection for abortion. He likely would continue to appoint federal judges who would uphold abortion limits.

At the same time, he has said a federal abortion ban is unnecessary, and that the issue should be resolved on a state-by-state basis. He has argued a six-week ban favored by some Republicans is overly harsh and that any legislation should include exceptions for rape, incest and the health of the mother.

FOREIGN AFFAIRS

Trump has been critical of the U.S.’s support for Ukraine in its war with Russia and has said he could end the war in 24 hours if elected. He has argued that Europe should reimburse the U.S. for ammunition used in the conflict. Trump has also said that under his presidency, America would fundamentally rethink “NATO’s purpose and NATO’s mission.”

He has supported Israel in its fight against Hamas despite initially criticizing its leaders after the October attacks. On the campaign trail, he has also floated sending armed forces into Mexico to battle drug cartels and slapping expansive tariffs on friends and foes alike.

EDUCATION

Trump has pledged to require America’s colleges and universities to “defend American tradition and Western civilization” and purge them of diversity programs. He said he would direct the Justice Department to pursue civil rights cases against schools that engage in racial discrimination.

On the K-12 level, Trump would support programs allowing parents to use public funds for private or religious instruction.

CRIME

Trump has pledged to appoint U.S. attorneys who would launch probes into liberal prosecutors and district attorneys he says are failing to contain crime in America’s cities.

He has said he would institute the death penalty for human traffickers and drug dealers. He also has suggested that looters of retail stores could be “shot” while on site.

HOMELESSNESS

Trump has vowed to ban so-called “urban camps” from America’s cities and require homeless people to accept drug treatment or face arrest.

He said he would then “open large parcels of inexpensive land” where tent cities would be relocated and staffed with doctors, drug counselors and mental health experts.

(Reporting by James Oliphant; Additional reporting by Ted Hesson; Editing by Ross Colvin and Jonathan Oatis)

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Inventor of dental device backs off his claims after investigation of patient harms

Inventor of dental device backs off his claims after investigation of patient harms 150 150 admin

We have a follow-up to an exclusive joint investigation from CBS News and KFF Health News about a dental device that patients told us mangled their mouths. The inventor of the “Agga” device is backing off his prior claims that it could be used to treat or cure common conditions like TMJ and sleep apnea. Anna Werner reports.
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Boebert says she'll seek office in a different district in 2024

Boebert says she'll seek office in a different district in 2024 150 150 admin

Boebert said in a Facebook video that she intends to seek office in Colorado’s 4th Congressional District — which covers the Eastern Plains, Douglas County and Greeley — currently represented by Ken Buck. Buck said last month that he won’t seek reelection in 2024.
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How history, race and politics divide Tennessee on gun legislation

How history, race and politics divide Tennessee on gun legislation 150 150 admin

By Donna Bryson

(Reuters) – Photographs can say a lot without words. After a school shooting in Tennessee, they recorded the frustrations of parents and state legislators whose cries for gun control were silenced.

In one photo, it’s almost possible to hear Representative Justin Pearson’s measured tones as he stands in prayer with one hand raised at the Capitol following a legislative session that failed to change any gun laws.

In March, a former student at the Covenant School in Nashville killed three 9-year-old children and three staff members. Pearson and his fellow Representative Justin Jones, both of whom are Black Democrats, were briefly expelled for leading a protest for gun control on the House of Representatives floor. A third Democrat representative, Gloria Johnson, who is white, was not expelled for her role in the protest, leading to accusations of racism. Republicans who overwhelmingly control the chamber deny they are racist and oppose anything seen as a retreat from the U.S. Constitution’s Second Amendment right to “keep and bear arms.”

Cameron Sexton, the Republican who is speaker of the Tennessee House of Representatives, did not see racism as a problem to be addressed in the chamber.

“Sometimes people use that word (racism) as a drop the mic moment to try to stop people from having conversations,” he said.

Pearson represents Memphis, a city with a Black majority that has struggled to contain gun violence. Pearson has lost friends and relatives to gun violence.

“When we went to the well of the House floor, it wasn’t just the Covenant kids that I was thinking about,” Pearson told Reuters. “I was thinking about the people in Memphis who are mourning every day.”

Months after the protest, a special legislative session called by Tennessee’s Republican governor ended with no progress on gun safety laws. During the special session, Republican leaders banned members of the public from holding signs during proceedings and limited their access to the Capitol building. State troopers, whose presence was increased during the session, at one point ejected members of the public, including Covenant parents, from a hearing after a lawmaker said the crowd was unruly.

Mary Joyce, a real estate broker whose daughter was in the Covenant classroom where three of her classmates were killed, spoke to lawmakers during the special session and took part in protests for gun control at the Capitol.

“It feels like we were just screaming under water,” Joyce told Reuters. “No one could hear us.”

WEIGHT OF HISTORY

Johnson said gun control advocates will continue to push for change in the next legislative session, which opens in January.

“I always have hope. I wouldn’t be in this business if I didn’t hope that people would listen,” said Johnson, who also is running for the U.S. Senate. “And we know that 80% of Tennesseans want to see gun sense legislation, 70% want red flag laws, 80% want safe storage laws. At some point the super majority has to start listening to the people. Because it will affect their elections.”

Jack Johnson, a Republican leader in the state Senate, said his constituents do not support such gun control measures as red flag laws to temporarily remove guns from individuals who might harm themselves or others.

“Dispossessing law-abiding citizens of constitutional rights is not an answer to our violence problem in Tennessee,” Johnson said.

Tennessee has laws to keep guns out of the hands of people involved in domestic violence cases. Democrats and even the Republican governor have called for broader red flag measures.

Looking at the photographs, it’s almost possible to hear chants for change that echo the soundtrack of civil rights era demonstrations. In the 1960s, John Lewis, then a student at the American Baptist Theological Seminary — one of four historically Black colleges and universities in Nashville — was a leader in the sit-in movement that ended racist discrimination at Nashville businesses such as a Woolworth’s lunch counter. It was the start of a career of challenging segregation for Lewis, who went on to represent Georgia in the U.S. Congress and have a Nashville street named for him.

Lewis’s faith inspired him and infused his political rhetoric. Pearson and Jones have tapped into that tradition. And deeper. Jones read from the Bible’s Book of Jeremiah – whose remonstrations fueled the abolitionist orations of Frederick Douglass – during the campaign for more gun control.

“Until we act, there will be no peace for the thousands of children who came here demanding we act, who are afraid that if they’re in school they will be gunned down because you have passed laws that make it easier to get gun than it is to get health care in this state,” Jones said on the House floor. He also walked the state house hallways carrying a child’s coffin, drawing attention to the many young people affected by gun violence.

A state office building located on Representative John Lewis Way offers another glimpse of history. When Sarah Shoop Neumann, a nurse whose son is a Covenant student, entered the building to testify for gun control, she was struck at the portraits of lawmakers on the walls.

“It’s all white men,” she said. “Even in the recent years, it’s still not that different.”

Melissa Alexander, a commercial real estate broker whose son is a Covenant student, said, “The make-up of the legislature also needs to be more diverse to represent the issues and constituencies, what the constituents want in the state of Tennessee.”

Alexander along with Neumann and Joyce have organized to push for gun control.

Slavery, segregation and violence have had an enduring impact on race relations, not just in the South, but across the United States.

Pearson acknowledged the weight of the past. But he sees hope for a better future.

“Not so much that we are able to see that future become a reality even though I pray for that, but that a hundred years from now the next kid that’s protesting that’s marching that’s fighting, they’re fighting for something different, they’re fighting for something new,” he said. “They hope and pray that the fight is worth it because there is somebody, they do not know who they were, do not know their names, who fought for them today. And that’s us.”

(Reporting by Donna Bryson; Photography by Cheney Orr, Kevin Wurm and Seth Herald; Editing by Kat Stafford and Lisa Shumaker)

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Investigation continues into the shooting death of pregnant Texas teen

Investigation continues into the shooting death of pregnant Texas teen 150 150 admin

San Antonio police continue searching for clues in the shooting death of 18-year-old Savanah Nicole Soto and her boyfriend, Matthew Guerra. Her family says he had a troubled past. Christian Benevides reports.
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Stock market today: Trading on Wall Street muted as the end of the year approaches

Stock market today: Trading on Wall Street muted as the end of the year approaches 150 150 admin

Premarket trading is mixed in a low-volume trading holiday week on Wall Street.

Futures for the S&P 500 were virtually unchanged before the bell Thursday, while futures for the Dow Jones Industrial Average lost 0.1%. The tech-heavy Nasdaq rose nearly 0.3%.

Trading has been subdued in the last trading week of the year. The S&P 500 is coming off its eighth straight winning week and is hovering just below its all-time high set in January of 2022.

The final week of 2023 lacks any market-moving U.S. economic updates. Later Thursday, the government releases data on layoffs in its weekly unemployment benefits report, which serve as a proxy for layoffs.

Overall, investors have been encouraged by financial data showing inflation is on the decline and the economy appears to be stronger than anticipated. The Fed is walking a tightrope, trying to slow the economy enough through higher interest rates to cool inflation, but not so much that it tips the nation into recession.

Recent data raises hopes that the economy can dodge a significant recession. Wall Street is betting that the Fed is done raising interest rates and will likely shift to rate cuts in the new year. The central bank has held rates steady since its meeting in July, and Wall Street expects it to start cutting rates as early as March.

In Europe at midday, Britain’s FTSE 100 inched down 0.1% and Germany’s DAX lost 0.2%. The CAC 40 in Paris was down 0.4%.

Tokyo’s Nikkei 225 index was an outlier in Asia, shedding 0.4% to 33,539.62. Speculation over whether and when the Bank of Japan might ease its longstanding lax monetary policy and raise its key interest rate from minus 0.1% has kept stocks wobbling in the world’s third-largest economy.

BOJ policymakers are waiting to see what sort of wage gains might come in 2024 as part of the central bank’s strategy of keeping credit easy to try to spur stronger growth.

In Hong Kong, the Hang Seng index surged 2.5% to 17,043.53 on heavy buying of technology and property shares. With Thursday’s gains, it is down about 8% for the year as China’s economy has sputtered despite the country’s reopening after it loosened COVID-19 precautions.

Ecommerce giant Alibaba’s shares gained 2.8% even after a court in New York refused to dismiss a lawsuit filed against it by a U.S. company, Kelly Toys Holdings, for allegedly selling counterfeit versions of Squishmallow plush toys.

The Shanghai Composite index surged 1.4% to 2,954.70.

South Korea’s Kospi advanced 1.6% to 2,655.28 and the S&P/ASX 200 in Australia rose 0.7% to 7,614.30.

India’s Sensex gained 0.4% and Bangkok’s SET also was up 0.4%.

In other trading Thursday, U.S. benchmark crude oil shed $1.03 to $73.04 per barrel in electronic trading on the New York Mercantile Exchange. It declined by $1.46 on Wednesday.

Brent crude, the international standard, gave up 96 cents to $78.58 per barrel.

The U.S. dollar ticked down to 140.82 Japanese yen from 141.84 yen. Expectations for a change to the BOJ’s stance have given the yen renewed strength, while hopes for an easing to U.S. interest rates have weakened the dollar, which is trading at its lowest level against the yen since July.

The euro rose to $1.1117 from $1.1106.

On Wednesday, the S&P 500 rose 0.1%. It is up 24% for the year. The Dow climbed 0.3%, while the technology-heavy Nasdaq composite rose 0.2%. It has outpaced other major indexes with a gain of 44% this year.

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