At least five people are killed in a second day of spontaneous
protests against unemployment, government corruption and lack of basic services in
Iraq. Police say they have "lost control" of the city of
Nassiriya after exchanging gunfire with protesters.
Curfews are imposed on the Iraqi cities of
Baghdad, Nassiriya,
Amarah and
Hillah.
(AP)(Reuters)
Business and economy
The
World Trade Organization authorizes the
United States to impose about US$7.5 billion in tariffs on goods from the
European Union every year. The WTO started the probe in 2005 after the United States complained that European subsidies to
Airbus damage
Boeing airplane sales.
(NPR)
The United States announces a tariff of 10% on European-made Airbus planes and 25% on a range of goods, set to take effect on 18 October.
(Reuters)
American retailer
Bed Bath & Beyond announces it will close 60 stores by the end of the year due to declining profits.
(USA Today)
A
foreign exchange trader,
Rohan Ramchandani, has filed a lawsuit against
Citigroup. Ramchandani won acquittal last year after criminal charges of market manipulation. He claims that the charges were instigated by his former employer in order to mitigate the regulatory consequences for its own misbehavior.
(Reuters)
Disasters and accidents
Following yesterday's collapse of
Nanfang'ao Bridge in
Su'ao, Taiwan, onto fishing boats,
rescuers recover four bodies. Three are identified as foreign fishermen, with a fourth corpse unidentified. Two people remain missing.
(Deutsche Welle)
The Protection from Online Falsehoods and Manipulation Act (POFMA), a law giving the Singaporean government more powers to stop the spread of designated falsehoods and
fake news, goes into effect. Rights groups like
Human Rights Watch and journalists worry the law could be used to stifle dissent and free expression.
(NPR)
At least five people are killed in a second day of spontaneous
protests against unemployment, government corruption and lack of basic services in
Iraq. Police say they have "lost control" of the city of
Nassiriya after exchanging gunfire with protesters.
Curfews are imposed on the Iraqi cities of
Baghdad, Nassiriya,
Amarah and
Hillah.
(AP)(Reuters)
Business and economy
The
World Trade Organization authorizes the
United States to impose about US$7.5 billion in tariffs on goods from the
European Union every year. The WTO started the probe in 2005 after the United States complained that European subsidies to
Airbus damage
Boeing airplane sales.
(NPR)
The United States announces a tariff of 10% on European-made Airbus planes and 25% on a range of goods, set to take effect on 18 October.
(Reuters)
American retailer
Bed Bath & Beyond announces it will close 60 stores by the end of the year due to declining profits.
(USA Today)
A
foreign exchange trader,
Rohan Ramchandani, has filed a lawsuit against
Citigroup. Ramchandani won acquittal last year after criminal charges of market manipulation. He claims that the charges were instigated by his former employer in order to mitigate the regulatory consequences for its own misbehavior.
(Reuters)
Disasters and accidents
Following yesterday's collapse of
Nanfang'ao Bridge in
Su'ao, Taiwan, onto fishing boats,
rescuers recover four bodies. Three are identified as foreign fishermen, with a fourth corpse unidentified. Two people remain missing.
(Deutsche Welle)
The Protection from Online Falsehoods and Manipulation Act (POFMA), a law giving the Singaporean government more powers to stop the spread of designated falsehoods and
fake news, goes into effect. Rights groups like
Human Rights Watch and journalists worry the law could be used to stifle dissent and free expression.
(NPR)