Internet Firms Flex Muscle to Exile White Supremacists

Silicon Valley joined a swelling backlash against neo-Nazi groups in the United States on Wednesday as more technology companies removed white supremacists from their services in response to weekend violence in Charlottesville, Virginia. Social media networks Twitter and LinkedIn, music service Spotify and security firm CloudFlare were among the companies cutting off services to hate groups or removing material that they said spread hate. Earlier in the week, Facebook, Alphabet…

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Pakistan Railway Revival Clashes With Shanty Towns

After many false starts, plans to resurrect a railway in Pakistan’s teeming metropolis of Karachi are moving ahead with the help of Chinese cash. Not everyone is happy. The Chinese-funded $2 billion project to revive Karachi Circular Railways (KRC), nearly two decades since it was shut down, has been touted as a way to ease pollution and chronic congestion in the port city of 20 million people. It is also…

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Petrobras Argentina Sale Under Scrutiny in Brazil

Brazilian prosecutors plan to investigate last year’s controversial sale of the Argentine subsidiary of Petrobras, Brazil’s state-controlled oil company, a lawyer representing some Petrobras shareholders said on Wednesday. Petrobras, formally known as Petroleo Brasileiro SA , sold its 67.2 percent stake in Petrobras Argentina SA for $892 million to Pampa Energia SA, Argentina’s largest power company. The sale has already drawn scrutiny from Brazil’s Congress and a federal audit court,…

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As Rural Sri Lanka Dries Out, Young Farmers Look for Job Options

Scorched by a 10-month drought that has killed crops and reduced residents to buying trucked-in water, Adigama’s young people are voting with their feet. At least 150 youth have left this agricultural village 170 kilometers northwest of Sri Lanka’s capital since the drought began, looking for jobs in the country’s cities, or overseas, village officials say. Few are expected to come back, even when the rains end. “If they get…

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Reverence for Robots: Japanese Workers Treasure Automation

Thousands upon thousands of cans are filled with beer, capped and washed, wrapped into six-packs, and boxed at dizzying speeds — 1,500 a minute, to be exact — on humming conveyor belts that zip and wind in a sprawling factory near Tokyo. Nary a soul is in sight in this picture-perfect image of Japanese automation. The machines do all the heavy lifting at this plant run by Asahi Breweries, Japan’s…

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Trump Dissolves Business Advisory Councils After CEOs Quit in Protest

U.S. President Donald Trump continues to face a barrage of criticism for his contention that both white supremacists and counterprotesters were to blame for the deadly violence that erupted last weekend in Charlottesville, Virginia. On Wednesday, the president announced that he had dissolved two business advisory committees composed of top American corporate executives, after at least seven CEOs announced they were resigning from the councils because of his remarks. Trump…

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Trump Dissolves Business Advisory Councils After CEO Resignations

U.S. President Donald Trump continues to face a barrage of criticism for his contention that both white supremacists and counterprotesters were to blame for the deadly violence that erupted last weekend in Charlottesville, Virginia. On Wednesday, the president announced that he had dissolved two business advisory committees made up of top American corporate executives, after at least seven CEOs announced they were resigning from the councils because of his remarks….

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Ireland Rejects EU’s Demand to Collect Billions From Apple

Ireland’s finance minister rejected the European Commission’s demand that it retroactively collect 13 billion euros in taxes from Apple, saying this was not Dublin’s job in an interview with Germany’s Frankfurter Allgemeine (FAZ) newspaper. In the interview, extracts from which the FAZ published on Wednesday, Finance Minister Paschal Donohoe said the tax rules from which Apple benefited had been available to all and not tailored for the U.S. technology giant….

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Canada Approves First Cryptocurrency Sale in Property Rights Shake-Up

Canadian financial regulators have approved the public sale of a new digital currency in the country’s first official endorsement of money created independently of the government or central banks, company officials said on Wednesday. Produced with digital encryption techniques, cryptocurrencies like Montreal-based impak Coin allow users to create their own money supply – with potentially significant impacts for how wealth and property rights are controlled. Impak Coin has already raised…

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