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Uber received a lot of backing from local entrepreneurs and even the Governor’s office in the dispute. Jason Henrichs, COO of Perk Street Financial, created an online petition to lobby against the Standards Division for stifling innovation. In less than 24 hours, it received nearly 900 signatures.
Meanwhile, Brendan Ryan, Communications Director for the Governor’s office, wrote on Twitter earlier today that Governor Deval Patrick was committed to keeping Uber running in the Greater Boston area while a resolution was worked out. Soon after, Patrick retweeted, throwing his own weight behind it. Ryan also admitted ...
With all @massgovernor has done for the innovation economy, we’re not shutting down @uber_bos.Working on a swift resolution.
The swift resolution of the Boston dispute is likely a welcome outcome for Uber, which is getting used to facing scrutiny from local governments it starts operating in. It received a cease and desist in San Francisco at launch, and was nearly subject to an amendment proposed by the Washington, D.C. city council that wo...
In the face of globalisation and technological challenges, Singapore can maintain its relevance and competitiveness by improving the capabilities of its population, and this can only be done through collaboration between the state and other parts of society, Deputy Prime Minister Tharman Shanmugaratnam said on Wednesda...
SINGAPORE: In face of globalisation and technological challenges, Singapore can maintain its relevance and competitiveness by improving the capabilities of its population, and this can only be done through collaboration between the state and other parts of society.
That was Deputy Prime Minister Tharman Shanmugaratnam’s response to a question from American political scientist Ian Bremmer on Wednesday (Nov 7) during the Bloomberg New Economy Forum.
Mr Bremmer had asked how Singapore, a small and open economy that has long thrived on being connected to the world, can respond to external developments. He cited the possibility of US-China trade tensions evolving into an “economic iron curtain” – a risk sounded by former US treasury secretary Henry Paulson earlier du...
The country’s education system, from “pre-school to tertiary education to lifelong learning”, will have to gear up for that, elaborated Mr Tharman, who is also the coordinating minister for economic and social policies.
For that, it is “necessary” that the state collaborates with the likes of technology entrepreneurs and academics, he added.
“It’s not old-style industrial policy … but you can’t just leave it to the markets because the markets leave too many places dislocated and too many people lose hope over time,” said Mr Tharman, while adding that other open economies including Sweden and Denmark have adopted similar approaches.
Mr Tharman and Ms Lagarde, alongside American tycoon Michael Bloomberg, were speaking before a packed hall of business and political leaders at the closing session of the global forum held in Singapore. Over the past two days, discussions were held across a wide variety of topics, though global trade tensions dominated...
A poll at the start of the closing session showed nearly 70 per cent of attendees voting trade war as the biggest story of 2019.
Describing himself as a “cynic” who thinks that "all is done for show", Mr Bloomberg said: "In the end, China and America will get back to some normal kind of trade but with a little bit of acrimony at the beginning."
"Then, we’ll go on to the next subject,” added the former New York City mayor who re-registered as a Democrat last month.
“When you get all your news in 140 characters, you can’t focus on any one thing for any length of time,” said Mr Bloomberg in a veiled critique of US President Donald Trump and his Twitter habit.
Agreeing that trade tensions will likely continue in the near term, Mr Tharman said the “biggest problem” is the “difficulties that are underpinning the trade war”. Ms Lagarde reckoned that the dispute “might get worse before it gets better”, and is worried about the consequences on other countries.
When asked if the trend of globalisation is in reverse given the rising tide of protectionism, Ms Lagarde said the way in which people consume products and services today shows that the world has become “more than ever before global".
Echoing that, Mr Tharman brought up a point made by Ms Lagarde in an earlier session about Africa's population boom, which he described as the “biggest challenge and opportunity in the world” that can be met by globalisation.
Other topics that emerged during the final panel included the disruption that technological advancements may have on jobs.
Striking an optimistic view, Ms Lagarde said that even with 40 million people joining the labour market every year over the coming decade, she does not believe that automation and the expansion of artificial intelligence will result in a net loss of jobs.
Nevertheless, there will be a “transition period during which people will be affected” and the “right thing” to do is to invest in education now.
“If we don’t do that now, that transition period will be far too long to cope from a political and sociological point of view,” said the IMF chief.
Making a similar point, Mr Tharman said efforts will have to be made not just to prepare the young for a different future, but also to help the middle-aged or “mid-career” worker update their skills.
The other “looming challenge” is the issue of pensions and healthcare financing – one which Mr Tharman described as a “grave threat to a whole range of advanced economies” after being neglected by politicians.
In Germany, for instance, every working person may have to contribute almost half of his or her monthly salary to the pension scheme in less than 20 years’ time. “They don’t know it yet but the arithmetic is very clear,” said the Singapore deputy prime minister.
Climate change was voted third in the top issues for 2019, behind trade war and fears of a global economic slowdown.
On that, Ms Lagarde said her concern is that some countries have “chosen the good choice in the easy times”.
When asked who will be best positioned to advocate change, Mr Bloomberg said that in the case of the United States, it would be individuals and companies.
Mr Tharman, on the other hand, said civil society can play a “very useful role”, and that governments should leverage them.
MOORE, Okla. - Moore Police need your help: they are looking to get a large collection of rare comic books back to their rightful owner.
"Its a large bunch of comic books that I guess are kinda rare," said Jeremy Lewis of the Moore Police Department.
The Moore Police found over 40 boxes of rare comic books in the back of a stolen trailer. With a great collection comes great responsibility to return the heroes to their rightful owner.
"It appears that this is an expensive type collection. Someone has possibly had their storage unit broken into that was full of comics," said Lewis.
"Oh its gut wrenching to have your collection stolen," said Buck Berlin of New World Comics. The comic store owner knows collections like the one found can be valuable.
"Some can be worth next to nothing, some can be worth millions, the further back you go the more valuable they can get, if you are talking comic books from the 40-50-60s they can be worth hundreds of thousands," said Berlin.
Berlin's customers know how the comic collector in question must feel.
"Oh man I'd be crushed, it's a huge part of how I spend my time. It goes beyond a collection it becomes a part of your identity its the thing you do with your friends," said collector Jason Watt of Oklahoma City.
Other bad guys have tried to sell stolen comics to the store.
"There kinda a few questions that we can ask and we can kinda tell whether the comics are stolen or not," said Berlin.
Ultimately officials trying to get the comics where they belong.
"You don’t check your storage unit very often but If you have a lot comic books check the unit see if they are still there, the idea is just to get it back to the property owner," said Lewis.
Just six months after trading threats about their respective “nuclear buttons,” President Trump and North Korean leader Kim Jong-un met in Singapore on Tuesday morning (Monday night in the U.S., which is 12 hours behind). It was the first-ever meeting between the leaders of the U.S. and North Korea.
Trump’s decision to leave Singapore 15 hours ahead of schedule raised new doubts about the two nations’ ability to make any substantive progress, and it seems they were warranted. The meeting produced several great photos, but few specific commitments on denuclearization. Here’s a moment-by-moment recap of the meeting.
President Trump showered Kim Jong-un with praise just after meeting with the North Korean dictator, calling him “very smart” with a “great personality.” But he wasn’t done. In an interview with Voice of America’s Greta van Susteren hours later, Trump went even further, declaring that Kim “loves his people” and brushing...
An American president sitting down with a North Korean dictator may have been unprecedented. But as many commentators pointed out, the language of the agreement the two leaders released seemed familiar — and not in a hopeful way.
A spokesman for U.S. forces in Korea told the military newspaper Stars and Stripes that the command had received “no updated guidance on execution or cessation of training exercises.” The next one is scheduled for August.
At a solo press conference, President Trump revealed a big concession to Kim that wasn’t included in the document the two leaders signed: the U.S. will discontinue its joint military exercises with South Korea, which have long riled the North.
When questioned on his repeated praise for Kim, and failure to address North Korean human-rights abuses that led to the death of U.S. college student Otto Warmbier and many others, Trump defended his remarks, saying Kim’s rise to power shows he’s “very talented.” He also said “Otto did not die in vain,” claiming his de...
Trump called the document “very comprehensive” and “historic,” but its text still hasn’t been released.
In Singapore, a desk has been set up in the Capella Hotel with two chairs and two pens. The pens are black and inscribed in gold. The inscription appears to be Donald Trump's signature.
Trump took Kim over to the Beast and let him take a look inside.
Then he said he and Kim are going to a signing, but ignored questions about what that meant.
Before sitting down for lunch, Trump quipped to photographers, “Very nice, getting a good picture everybody so we look nice and handsome and thin?” Kim did not look amused, but it’s possible he was confused. According to the pool report, he smiled when he sat down.
During the expanded meeting, Trump reiterated that it’s been an “honor” to meet with Kim, said “we’ll solve the big problem, the big dilemma, that until this point has been unable to be resolved,” and shook Kim’s hand again.
Now they’re sitting down with their respective advisers. John Bolton, who angered the North Koreans by talking about the “Libya model” for denuclearization, is at the table.
The two leaders have been talking behind closed doors for about half an hour. Afterward, they’re set to hold a bilateral meeting with their advisers.
The U.S. delegation — which includes White House chief of staff John Kelly, National Security Adviser John Bolton, and Secretary of State Mike Pompeo — met with their North Korean counterparts as Trump and Kim talked. The two teams were reportedly scrambling on Monday to come up with a post-summit statement that both l...
Reminder to people hating on the Dennis Rodman interview: Jim Clapper said TONIGHT that he long advocated for Rodman to play a more formal role in talks with North Korea.
Jim Clapper. The former Director of National Intelligence.
Trump predicted that he and Kim will have a “terrific relationship,” and said it’s his “honor” to sit down with the North Korean dictator.
The summit has officially begun, with Trump and Kim shaking hands and posing for photographs.
Amateur body-language analysts noted that Trump is being more physical than Kim.
.@maddow on the Trump-Kim handshake: "It's at least a lot of touching ... It's the president touching Kim Jong Un a lot. It's not mutual ... There's a lot of gesturing and touching ... there's a lot of smiling by the president."
The two leaders are at the site, with Kim arriving at 8:55 p.m., and Trump showing up five minutes later.
While headed to the Kim summit, Trump broke the news that Larry Kudlow, the director of the National Economic Council, has suffered a heart attack. The 70-year-old, who was not on the North Korea trip, was active in Trump’s feud with Canadian prime minister Justin Trudeau over the weekend.
Various administration Twitter feeds posted footage of Trump departing his hotel and heading to the summit with Kim on Singapore’s Sentosa Island. The two leaders are expected to meet at 9 a.m. local time on Tuesday, or 9 p.m. Monday ET.
JEDDAH: Saudi Arabia “will remain committed to the principles” of Islam, “the religion of tolerance and moderation,” Crown Prince Mohammed bin Salman said on Sunday in a speech to mark the Kingdom’s 88th National Day.
The Kingdom “will keep on fighting against extremism and terrorism,” and “we will not allow anyone to attack the sovereignty of our homeland or jeopardize its security,” he added.
The 88th National Day is an opportunity to recall the achievements of the country’s founder King Abdul Aziz and his sons, the crown prince said, praising the nation’s growth and prosperity under King Salman.
“On our National Day, we take pride in our country’s position on an international, Islamic and Arab level,” the crown prince said.
Government agencies have established the principles of transparency and justice to promote integrity, fight corruption and achieve the goals of the Kingdom’s Vision 2030 reform plan, he said.
Vision 2030 “looks forward to the future,” and seeks to place Saudi Arabia “at the forefront of countries with continuous follow-up, guidance and support from King Salman,” the crown prince added.
“This special occasion requires us to thank God for His generosity toward our country to serve the Two Holy Mosques and care for Hajj and Umrah pilgrims and visitors,” he said.
“That care was reflected in the great success of the last Hajj season and God’s continuous blessings to the Saudi government and its hospitable people,” as well as “its continuous concern for sustained development of holy lands and services” in order to ensure that pilgrimages can be performed with ease, he added.
"Taco Bell has a fundamental policy to respect all of our customers and employees"
After video showed a man believed to be deaf being denied service while trying to use a cellphone to order at an Ohio Taco Bell drive-thru, the company said the employee involved was fired, NBC News reported.
The video was posted to Facebook by a woman who said she was the man's mother. A worker is heard telling the man, "It's against company policy. I can't do it," and later, "You're also not allowed to record me."
It wasn't clear where or when the video was shot, but it's been shared more than 12,000 times.
"Taco Bell has a fundamental policy to respect all of our customers and employees, and we are committed to maintaining an environment free of discrimination or harassment," the company said in a statement that indicated the worker, who was not identified, no longer works there.
WATCH: The Calgary Flames ownership group has released their proposal for a new arena a week after the city came out with its vision. Joel Senick asks fans what they hope will happen.
The Calgary Flames have released details of their funding proposal for a new arena, which estimates the total cost of the facility in Victoria Park would be $500 million.
The proposal from the Calgary Sports and Entertainment Corporation (CSEC) has $275 million contributed by the Flames, which would be put towards the construction of the new arena, and another $225 million from a Community Revitalization Levy (CRL).
The Flames compare the $275 million to a prepayment of rent on the city-owned arena for the next 35 years.
A CRL is a loan from the province with intentions to improve districts within a city. The city then repays the money through taxes generated from new property within the designated area. The Flames point out this does not come from an existing tax source and cites the East Village as a comparison.
Last week, the City of Calgary released details of their funding proposal, which pegged costs for the new arena at $555 million, plus indirect costs.
The city proposed a funding formula where they would pay a third of the total cost, Flames ownership would pay another third and users would pay for the final third through a ticket surcharge — $185 million each.
In the city’s offer, the CSEC would get 100 per cent of the revenue and profits from the arena and would pay private property taxes on the building and on the land.
In the Flames’ proposal, the City of Calgary would own the new arena.
“In a ‘small market’ city, even one with an NHL team, a privately funded arena is not economically viable,” a news release stated.
Speaking with Global News on Thursday, Calgary Flames CEO and president Ken King reiterated the organization is no longer pursing a new arena.
Speaking with News Talk 770’s Gord Gillies on Thursday, King said the organization wants to “put this behind us” and focus on their business.
The Flames estimate the annual economic impact of a new arena would be $481 million, with the creation of 5,850 jobs.
Speaking to Global News, Danielle Smith from News Talk 770 said she understands King’s position, and thinks he no longer wishes to be a “punching bag” in the municipal election.
Smith said she thought the Flames’ offer was a fair one.
Speaking with News Talk 770’s Gord Gillies on Thursday, Ward 7 Coun. Druh Farrell said she thought it was “great” the Calgary Flames would be willing to “put some of their own money in” but what concerns her is the amount they were expecting from the City of Calgary.
Speaking to Global News on Thursday morning, associate professor of policy studies at Mount Royal University, Lori Williams, said she doesn’t understand King’s strategy.
Williams said Calgarians would see benefits from the construction of a new arena, but only if it comes at the right cost.
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