Hong Kong slashes number of directly elected council seats

By Jessie Pang and Joyce Zhou HONG KONG (Reuters) -Hong Kong’s legislature unanimously voted on Thursday to overhaul district-level elections by drastically reducing the number of directly elected seats, which critics said would further shrink democratic freedom in the Chinese-ruled city. Under the amendment, only 88 seats would be directly elected by the public, down…

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Pentagon has strategic germanium stockpile but no gallium reserves

WASHINGTON (Reuters) – The Pentagon holds a strategic U.S. stockpile for germanium but currently has no inventory reserves for gallium, a spokesperson said on Thursday, after China announced export restrictions on the two metals used in semiconductors. “The (Defense) Department is proactively taking steps using Defense Production Act Title III authorities to increase domestic mining…

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Biden, Erdogan meeting during NATO summit being discussed – sources

ISTANBUL/WASHINGTON (Reuters) – U.S. President Joe Biden and Turkey’s President Tayyip Erdogan may meet during next week’s NATO summit in Lithuania, sources briefed on the planning said. A brief Biden-Erdogan meeting is possible at the summit and is being worked on now, one person familiar with the matter said. A “pull aside” meeting between the…

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Exclusive: OPEC upbeat over 2024 oil demand outlook despite slowdown

By Alex Lawler and Dmitry Zhdannikov VIENNA (Reuters) – OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook later this month, predicting a slowdown from this year but still an above-average increase, sources close to OPEC said. OPEC’s forecast for 2024 will likely be…

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Berlusconi’s Mafia-tainted friend ‘in tears’ after 30 million euro bequest

ROME (Reuters) – A man convicted of colluding with the Mafia, who was a close friend of Silvio Berlusconi, said on Thursday he was moved to tears by the late Italian prime minister’s decision to bequeath him 30 million euros ($32.7 million). Marcello Dell’Utri spent more than five years in detention after being found guilty…

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