Bolsonaro clings to his political future as electoral court case begins

By Ricardo Brito BRASILIA (Reuters) -Former Brazilian President Jair Bolsonaro’s future in office hung in the balance on Thursday, as the country’s federal electoral court (TSE) began a trial that could leave him in the political wilderness for nearly a decade. Bolsonaro, a far-right nationalist who in October narrowly lost Brazil’s most fraught election in…

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For New Zealand exporters, China both a target and a risk

By Lucy Craymer WELLINGTON (Reuters) – As New Zealand Prime Minister Chris Hipkins prepares to lead a trade delegation to China seeking greater access for both the country’s primary exports and emerging sectors such as gaming, producers are diversifying away from their biggest market. Beijing’s attempts to punish neighbouring Australia through trade for perceived intransigence…

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U.S. court strikes down Florida transgender health rule

By Daniel Trotta (Reuters) – A U.S. judge on Wednesday struck down a Florida rule and a statute that banned state Medicaid payments for transgender healthcare, marking the second defeat in two weeks for anti-transgender legislation in the state. U.S. District Judge Robert Hinkle declared the state’s practices invalid, saying they violated the constitutional right…

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Three former Credit Suisse CEOs blamed for excessive risk-taking in bondholder suit

ZURICH (Reuters) -A group of Credit Suisse AT1 bondholders has filed a class action suit accusing former executives at the Swiss bank, including three past CEOs, of being responsible for the bank’s downfall. A lawsuit filed in a New York court on Tuesday accused former bosses Thomas Gottstein, Tidjane Thiam and Brady Dougan, and several…

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US to launch working group on generative AI, address its risks

WASHINGTON (Reuters) – A U.S. agency will launch a public working group on generative artificial intelligence (AI) to help address the new technology’s opportunities while developing guidance to confront its risks, the Commerce Department said on Thursday. The National Institute of Standards and Technology (NIST), a nonregulatory agency that is part of the Commerce Department,…

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Meta’s Oversight Board asks Facebook owner to evaluate election integrity efforts

(Reuters) – Meta Platforms’ Oversight Board has asked the social media firm to evaluate efforts to prevent promotion of political violence on its platforms, after it allowed a video calling for violence post the 2022 Brazilian election to stay online. The board said on Thursday that Meta’s original decision to leave up the Facebook video,…

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No breakthrough as EU’s Borrell holds crisis talks with Kosovo, Serbia leaders

BRUSSELS (Reuters) – EU foreign policy chief Josep Borrell proposed steps to end weeks of violence in predominantly Serb areas of northern Kosovo to the leaders of Kosovo and Serbia on Thursday, but there were no signs of an immediate breakthrough. Violence flared in four northern Kosovo municipalities late last month after ethnic Albanian mayors…

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