International

Boeing admits guilt in criminal fraud linked to 737 Max disaster

Boeing admits guilt in criminal fraud linked to 737 Max disaster

Boeing has agreed to plead guilty to a criminal fraud charge linked to the tragic 737 Max crashes, the Justice Department announced Sunday. This comes months after U.S. prosecutors accused the aerospace giant of violating a 2021 settlement that had previously shielded it from criminal prosecution. As part of the settlement, Boeing will pay a $243.6 million fine and appoint an independent compliance monitor for a three-year probationary period. Boeing also is required to invest at least $455 million in compliance and safety programs, according to a U.S. Attorney's Court filing Sunday night. The settlement agreement awaits approval from a…
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Manchester City at the back of the fleet after hacking threat to Premier League fair play watchdog

Manchester City at the back of the fleet after hacking threat to Premier League fair play watchdog

A new chapter in the Premier League's romance with Manchester City and their entire relationship with the financier Fair Play has allayed the concerns of the citizens, a club that finds itself implicated in serious accusations for having apparently ignored the rules set by the organisation when it came to gassing money. On Monday 24 June, a source at The Sun newspaper revealed that the newspaper "had stumbled upon the publication of hundreds of electronic corrections and computer documents by the 'hacker' behind the Football Leaks scandal". Rui Pinto, identified as the hacker who has been part of a text…
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New York Times Editorial Board Urges Biden to Drop Out of Presidential Race

New York Times Editorial Board Urges Biden to Drop Out of Presidential Race

The New York Times editorial board on Friday called on President Joe Biden to withdraw from the presidential race against Donald Trump, citing his poor performance in the debate the night before. “The president appeared on Thursday night as a shadow of a once-great public servant,” the Times editorial said. “He struggled to articulate what he would accomplish in a second term. He struggled to respond to Trump’s provocations. He struggled to hold Trump accountable for his lies, his failures and his chilling plans. More than once, he struggled to finish a sentence.” “Biden has claimed that he is the…
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Concerns Over Biden’s Debate Performance

Concerns Over Biden’s Debate Performance

After his State of the Union address in March, President Joe Biden appeared to allay concerns about his abilities at 81. Speaking firmly, he faced down Republican lawmakers who mocked him. However, one Democratic congressman who had shaken Biden's hand that night was troubled by his appearance, describing him as "frail and weak." Biden’s poor performance in a recent debate with Donald Trump has raised questions. Some Democratic lawmakers, who have watched Biden closely, are now questioning his ability to stay in office. They cite memory lapses and inconsistencies noted during his tenure. A significant team of aides surrounds Biden,…
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Muriel, the Colombian club champion of the Europa League

Muriel, the Colombian club champion of the Europa League

Muriel, the Colombian club that achieved a stunning victory in the Europa League, has shown their immense talent and determination on the international stage. Although they have been able to compete in the MLS, their impact has been felt far beyond their domestic league. With a combination of skill, teamwork and sheer determination, Muriel’s journey to becoming champions has been nothing short of extraordinary. On their path to glory, Muriel faced formidable opposition, including the renowned Atalanta. With players like Falcao and Bacca leading the charge as their gunners, Muriel demonstrated his attacking prowess and ability to produce game-changing performances…
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Financial crime watchdog removes Turkey from money laundering ‘grey list’

Financial crime watchdog removes Turkey from money laundering ‘grey list’

As the sun sets, a ferry crosses the Golden Horn, with the Suleymaniye Mosque and the city of Istanbul, Turkey in the background. The Financial Action Task Force (FATF), an international organization focused on combating money laundering and illicit financial activities, has decided to remove Turkey from its "gray list" of countries requiring special monitoring. The decision, taken on Friday, represents a significant vote of confidence for Turkey in its economic recovery efforts. In its latest report, the Paris-based FATF acknowledged Turkey’s significant progress in enhancing its anti-money laundering (AML) and counter-terrorist financing (CFT) measures. The report commended Turkey for…
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Japanese and Taiwanese stock markets hit record highs as Asia-Pacific rally

Japanese and Taiwanese stock markets hit record highs as Asia-Pacific rally

Asia-Pacific markets were mostly positive on Thursday, with major Japanese and Taiwanese indices hitting record highs. The Topix rose 0.85%, surpassing its all-time high of 2,886.50 reached in December 1989. The Nikkei 225 index rose 0.8%, surpassing its all-time high of 40,888.43 reached in March this year. Shares of SoftBank Group hit another all-time high, extending their winning streak to seven days, with a 2.5% gain. Japanese companies have seen their biggest wage increases in three decades this year, according to Japan’s largest labor union. A survey conducted by labor group Rengo since March shows that monthly pay for union-supported…
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Klay Thompson Leaves Golden State Warriors: A New Chapter Begins

Klay Thompson Leaves Golden State Warriors: A New Chapter Begins

For the Golden State Warriors, this marks the end of an era. Klay Thompson is set to sign a three-year, $50 million deal with the Dallas Mavericks, ending his 13-year tenure with the Warriors, 12 of which he spent alongside Steph Curry and Draymond Green. Together, they built a dynasty, reaching six NBA Finals and winning four championships in eight years. They formed one of the league’s longest-tenured trios, anchoring one of the greatest teams ever, which set an NBA record with 73 wins in the 2015-16 season. In a league known for constant change, the Warriors’ Big Three were…
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