Wednesday, November 30, 2022

Sam Bankman-Fried admits messing up over FTX

Sam Bankman-Fried says he's unaware that fraud was committed when he
was CEO of the cryptocurrency exchange FTX.

Regulators are investigating FTX's demise and the former billionaire
says he's now down to one credit card.

William Denselow reports from New York.

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U.S. stocks surge on Fed Chair comments

U.S. stocks urged Wednesday after Federal Reserve Chair Jerome Powell
said the central bank will ease the pace of its interest rate hikes.

Better than expected economic data also gave the markets a lift.

William Denselow reports from New York.

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Ye to pay Kim Kardashian $200,000 per month in child support

Rapper Kanye West has been ordered to pay reality TV star Kim Kardashian $200,000 per month in child support in their divorce settlement.


They will share joint custody of their four children.


Our US correspondent Kate Fisher reports


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US Democratic Party elects black Congress house leader for the first time in US history

US Democrat Hakeem Jeffries has been elected into the role as House leader, 


He's the first black lawmaker to lead a party in Congress in American History.


Chris Jones has more from Washington DC.


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U.S. economy revised stronger in third quarter

Revised GDP numbers show the US economy expanded at a much faster pace in the third quarter than initially thought.

But fresh jobs numbers point to a slowdown in the coming months.

Toni Waterman has more.

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Mitch McConnell condemns Trump's dinner with West and Fuentes

More condemnation of former President Donals Trump's dinner with Kanye
West and white nationalist Nick Fuentes.
This time from Senate Minority Leader Mitch McConnell and House
Minority Leader Kevin McCarthy.
The remarks come after former President Trump announced his 2024
presidential campaign.
Jody Jacobs has more...

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Prince William visits US on first overseas trip as Prince of Wales

The UK's Prince and Princess of Wales, William and Catherine, are on
their first royal visit since the death of the Queen.

The visit to Boston and New York includes an environmental awards
ceremony in Boston on Friday.

US correspondent Nick Harper reports.

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French baguettes receive UN cultural heritage status

The French baguette has been named on the United Nations World Cultural Heritage list.


The UN's cultural organization recognised the craftsmanship and the culture of the French national staple bread.


Ross Cullen reports.


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Security staff on Eurostar trains set to go on strike


In the UK, members of the RMT union who work as security staff on Eurostar trains have voted to go on strike.

It's the latest industrial action announced in the buildup to Christmas.

Giles Gibson reports from London.

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Former Chinese leader Jiang Zemin dies aged 96

China's former leader Jiang Zemin has died at the age of 96 from multiple organ failure and leukemia, according to the state-run Xinhua news agency.

He came to power after the 1989 Tiananmen Square crackdown and oversaw a period of swift economic growth that included China's admission to the World Trade Organisation in 2001.

Alfred Wu is an Associate Professor at Lee Kuan Yew School of Public Policy at the National University of Singapore.

He was a reporter in China when it joined the WTO and says Jiang Zemin's decision led to the country's subsequent economic rise.

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HSBC to close quarter of UK branches

HSBC will close over a quarter of its branches in the UK, the bank has announced.


The lender said it would shut one hundred and fourteen outlets across the country from April next year.


Several major banks have closed hundreds of branches in recent years to cut costs.


Sally Patterson has more.


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China mourns death of former leader Jiang Zemin

China is preparing nationwide mourning events to mark the death of the
country's former leader Jiang Zemin, who's passed away at the age of
96.

He presided over more than a decade of dramatic economic growth
following the bloody 1989 crackdown on pro-democracy protesters in
Tiananmen Square.

Richard Kimber reports from Hong Kong.

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Nigeria Police Chief Sentenced to Three Months in Jail

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A high court in Nigeria has sentenced the country's police chief to three months in prison for disobeying a court order.


The ruling followed a lawsuit by a police officer who was dismissed in 1992, a few years after the Inspector of police joined the force.


Ajeck Mangut reports from Abuja.


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Nigeria to Prosecute 886 Suspected Terrorists

Military authorities in Nigeria say 886 suspected terrorists in the country are awaiting prosecution.


Correspondent Tesem Akende reports from Jos.


Take Radio


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Jurors chosen in landmark Brussels terror attacks trial

By the end of Wednesday, thirty-six people will be chosen as jurors for the largest ever trial of its kind in Belgium. 


The landmark case concerns nine defendants suspected of carrying out terror attacks in March 2016, which claimed 32 lives and injured hundreds more in the Belgian capital.


From Brussels, Rosie Birchard has more.


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GERMANY PLEDGES TO HELP UKRAINE REPAIR ENERGY INFRASTRUCTURE

The German Government has pledged more military and financial support for Ukraine - as the country prepares for a difficult winter. 

With energy supplies continuing to bear the brunt of Russia's airstrikes, Chancellor Olaf Scholz pledged to help repair efforts during a conversation with Ukrainian President Volodymyr Zelensky. 

From Berlin, Trent Murray reports 

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DEMENTIA DRUG RESULTS SHOW SUCCESS

Experts say a new drug could mean the "beginning of the end" in the search for effective Alzheimer's treatments.

Clinicial trials of Lecanamab found that after 18 months it slowed disease progression by over a quarter compared with patients taking the placebo.

Peter Kelham - from Alzheimers Research Uk - says the results are the most significant step forward he he has seen.

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Struggling with western sanction, Moscow asks India to export 500 items: Report

Intro:

Russia has reportedly asked India to export more than 500 items including parts for vehicles, as sanctions hit Moscow struggles to keep its industries afloat.

India too is believed to be keen to narrow its trade deficit with Russia – which has been ballooning since India started purchasing cheaper Russian oil earlier this year.

Ishan Garg has more from New Delhi.

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China orders crackdown on "hostile forces" following COVID-19 protests

China’s top law enforcement body is pledging to crackdown on “hostile forces”. The comments are being seen as a warning to protesters angry about Covid-19 policies.

Richard Kimber reports from Hong Kong.


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South Korea warns North Korea against nuclear test

South Korea is warning of an unprecedented response should the North go forward with a nuclear weapons test.


Pyongyang has launched a record number of  ballistic missiles this year.


Now fears are growing that it may soon carry out its first nuclear test in over five years.


Nora Weinek reports.


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Same-sex marriage bill passes US Senate with bipartisan support

The U.S. Senate has passed a landmark bill protecting same-sex and interracial marriage across the country - and it did it with the support of both Democrats and Republicans.

Until recently, gay and interracial marriages were thought to be rights set in stone. But the overturning of Roe v. Wade this past summer changed that.

Toni Waterman has more.

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Tuesday, November 29, 2022

Oath Keepers leader convicted in January 6th plot

A US jury has convicted the leader of the far-right Oath Keepers militia group of plotting to keep former president Donald Trump in power.


Stewart Rhodes could face up to twenty years in prison for his role in the January 6th insurrection.


US correspondent Ira Spitzer reports


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S&P falls following weak economic data

Disappointing economic data out Tuesday prompted the S&P and Nasdaq to
fall for a third consecutive day.

Traders are now turning their attention to comments from the Chair of
the Federal Reserve due on Wednesday.

William Denselow reports from New York.

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Twitter stops enforcing COVID-19 misinformation policy

Twitter has stopped enforcing policies aimed at preventing the spread of COVID-19 misinformation.


The move has raised concerns about the social media platform's changing approach to content moderation under new owner Elon Musk.


Ira Spitzer reports from San Francisco.

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US Government to back million-dollar mortgages for first time ever

Soaring home prices are upping the stakes for the US government.

For the first time ever, the Federal Housing Finance Agency says it will start backing mortgages above a million dollars.

Toni Waterman has more.

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Senior Republicans criticize Trump over white nationalist dinner

Senior members of the Republican Party have criticized Donald Trump
for having dinner with white nationalist Nick Fuentes.

The former president also met with rapper Ye who has also made
antisemitic remarks.

U.S. correspondent William Denselow reports.

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U.S. Congress considers forcing rail workers to accept deal to stop strike

Leaders in congress have agreed to consider legislation that would avert a major rail strike before Christmas.

U.S. President Biden urged representatives to pass a deal that was agreed on with some of the major rail unions in September, but not all.

Caroline Malone reports from Washington.


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HAWAII'S MAUNA LOA ERUPTS FOR THE FIRST TIME IN FOUR DECADES

Residents of Hawaii are ready to evacuate should it be necessary, as
hot lava continues to light up the skies.
The island's Mauna Loa ([MOW] + [NUH] + [LOH] + [UH]) volcano began
erupting on Sunday for the first time since 1984, ending its longest
quiet period in recorded history.
The National Guard is on standby but authorities say there is no need
for panic just yet.
Jody Jacobs has more..

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US officers charged after black man left paralyzed

Five police officers in the US state of Connecticut have been charged
after a black man was left paralyzed while in custody.

Richard Cox was in the back of a police van when the driver braked
hard and he was sent hurtling headfirst into the rear doors.

Nick Harper reports from Washington.

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England and Wales are minority Christian countries for first time

Less than half of people in England and Wales describe themselves as Christian, according to new data.


The 2021 Census shows both nations are now minority Christian countries for the first time.


Meanwhile, the number of people who said they had no religion has risen in the past decade. 


Sally Patterson has more in London.


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MOSCOW BLAMES WASHINGTON FOR POSTPONING PLANNED NUCLEAR TALKS

Russia says it had "not other choice" but to cancel talks with the United States in Cairo, planned for this week, after neither side could agree on what exactly to discuss.

Moscow's Deputy Foreign Minister Sergey Ryabkov said the US was only interested in how to resume in-person nuclear weapons inspections — while Russia wanted to prioritise other issues.

Stuart Smith reports from Moscow.

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CHINA'S AMBASSADOR TO UK SUMMONED FOLLOWING CLAIMS BBC JOURNALIST BEATEN

China's ambassador to the UK has been summoned by the UK Foreign Secretary - following claims by the BBC that one of their journalists was arrested and beaten while reporting on protests taking place in Shanghai. Downing Street has condemned the incident - calling it 'shocking'. China's Foreign Ministry is reported to have contested those claims. Laura Makin-Isherwood has more from London.


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French president to make state visit to United States

The French president will make a state visit to the United States this week in which he will hold talks with his counterpart in the White House.

Emmanuel Macron's trip will be the first high-level visit of Joe Biden's administration.

Ross Cullen reports.

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Nigeria Pledges to Ensure Political Stability in West Africa

Nigeria has pledged to ensure the restoration to democratic rule in Mali and other countries in the West African region such as Burkina Faso & Guinea Bissau.


Correspondent Tesem Akende reports from Jos.


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New Ebola Case Detected in Still-Born Baby in Uganda

SUGGESTED LEAD

Uganda has reported a new case of Ebola after over three weeks without any.

The new case has dashed the hopes of easing lockdown measures in the two hardest hit districts.

This brings the total number of confirmed cases to 142 and deaths to 56 since mid october.

Isabel Nakirya reports

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NATO ministers discuss winter military aid for Ukraine at Bucharest meeting

Ministers from the NATO western military alliance are meeting with their Ukrainian counterpart to discuss supporting the war-torn nation through a difficult winter.


Alliance members have been providing Kyiv with military and humanitarian aid while vowing to stay out of the war. Ukraine says it now needs more supplies, after a barrage of Russian attacks targeting the country's energy infrastructure. 


The talks, held in Bucharest, are set to last two days, with discussions on China also expected.


Rosie Birchard reports. 


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‘Beware Of Thieves In UK, US,’ Nigeria’s Government Warns Citizens


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Nigeria's government has asked Nigerians travelling to the United States, the United Kingdom and other European countries to "take extra precaution" with their belongings.


The government says the travel advisory became necessary because Nigerian travellers are having their belongings, especially money and international passports, stolen at an increasingly high rate.


Ajeck Mangut reports from Abuja.


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GERMANY SIGNS GAS DEAL WITH QATAR TO HELP REPLACE RUSSIA

The Government of Qatar has announced it has signed a major gas deal with Germany. 

The news follows months of negotiation as Europe's biggest economy scrambles to find new energy partners following Russia's invasion of Ukraine. 

From Berlin, Trent Murray has more. 

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SUNAK: 'GOLDEN ERA' OF CHINA RELATIONS IS OVER

UK Prime Minister Rishi Sunak has warned the "golden era" of relations between the UK and China is over.

In his first major foreign policy speech he said Britain had to "evolve" its approach to Beijing.

The Prime Minister said it would be naive to seek ever closer ties - and called instead for "robust pragmatism".

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Ruling Bhartiya Janata Party biggest beneficiary of corporate donations in Gujarat: Report

Intro:

According to a new report by a private democracy watchdog, Prime Minister Narendra Modi's Bhartiya Janata Party received 94% of corporate donations in the state of Gujarat.

The West Indian state is holding an election in a week.

And the new report is raising concerns about crony capitalism, as Ishan Garg reports from New Delhi.

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Tensions mount in China over strict COVID-19 policies

Tensions are mounting in China amid police efforts to prevent further protests against the country's strict COVID-19 controls.

The government insists it must maintain restrictions and mass testing initiatives, but public patience is wearing thin. 


Richard Kimber reports from Hong Kong. 


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Analysts Believe China Protests Unlikely To Force COVID Change


Police in China have been out in force to head off further protests against the country's strict COVID-19 controls.

Many analysts say the unrest is unlikely to force any change to the government's zero covid approach.


Yaqiu Wang is a researcher for Human Rights Watch, based in the US. 


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Japan PM orders defense spending boost

Japan’s Prime Minister, Fumio Kishida, is ordering a long-anticipated boost in the country’s defense spending. 

It follows promises by Kishida to significantly expand Japan’s defenses in the face of political instability in the Indo-Pacific.  


Chris Gilbert reports from Tokyo


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Monday, November 28, 2022

Protests in China sparks Wall Street tumble

U.S. stocks tumbled Monday as investors reacted to protests seen in
China over the week.

And comments from several Federal Reserve members also sparked jitters
on Wall Street.

William Denselow reports from New York.

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International media says U.S. charges against Assange should be dropped

Media companies involved in the Wiki cable leaks from 12 years ago are calling on the U.S. government to drop charges against Julian Assange.

He's currently in prison in the U.K. awaiting extradition on charges under the 'Espionage Act'.

Caroline Malone reports from Washington.


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Buffalo supermarket killer pleads guilty to hate crime

The man charged with killing ten people in a racially motivated attack
at a supermarket in Buffalo, New York has pleaded guilty.

19-year-old Payton Gendron drove several hours to reach the store that
he chose as it was in a predominantly black area of New York state.

US correspondent Nick Harper reports.

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Biden Administration quietly green-lights massive oil export project

The Biden Administration has quietly approved plans to build the largest oil export terminal in the United States.


The terminal will be located off the Gulf Coast of Texas and comes on the heels of the UN's annual climate change conference where President Joe Biden touted the U.S.'s efforts to reduce greenhouse gas emissions.

Toni Waterman has more.

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UK emergency scheme to avoid blackouts called off

Britain's electricity operator has stopped short of triggering its emergency winter scheme, which would have required households and businesses to cut their energy usage. A warning had been issued that such steps could be necessary to avoid blackouts in the country on Tuesday. Julia Chapman reports.

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US considers sending 100-mile range weapons to Ukraine: Reuters

According to the Reuters news agency the United States is considering
a plan to send weapons with a roughly 100 mile range to Ukraine.

Boeing's proposal is seen as a possible step in alleviating
diminishing weapon inventories.

U.S. correspondent William Denselow reports.


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SHOPPER TAKE ADVANTAGE OF CYBER MONDAY DEALS

Cyber Monday deals may hit record highs in the US.
Last year, sales fell slightly but one report suggests sales may peak
at around 11 billion dollars this year.
Jody Jacobs has more...

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GERMAN CHANCELLOR MEETS ARMS INDUSTRY AFTER AMMUNITION SHORTAGE REPORTS

As Ukraine continues to call for more Western military aid, defence experts are sounding the alarm over falling stockpiles within the inventories of NATO member countries. 

In Germany, the Chancellor has convened a special summit with the arms industry, hoping to rapidly ramp up domestic supplies. 

From Berlin, Trent Murray reports. 

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Nigerian Govt. Identifies 100 Financiers of Terror Group, Boko Haram

The Nigerian government says it has identified 100 high risk financiers of terror group, Boko Haram.


The group which has been operating mostly in Nigeria's northeast region and some countries around Lake Chad has killed more than 350,000 people and left 8.7 million people in need of humanitarian assistance.

 

Correspondent Tesem Akende reports from Jos.


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