IMF agrees to release $7.5 billion to cash-strapped Argentina as its economy reels from drought
Published Mon, 11 Nov 2024 11:18:24 GMT
BUENOS AIRES, Argentina (AP) — The International Monetary Fund said Friday that it reached an agreement with Argentina that would open the door for the cash-strapped South American country to receive $7.5 billion over the next few months as part of an existing program.The agreement, which was under negotiations for weeks, still needs approval from the IMF Executive Board, which is scheduled to meet in the second half of August, the international financial organization said in a news release.The deal officially combines the fifth and sixth reviews of a 30-month $44 billion loan program that was agreed to in 2022. The sixth review of the agreement, which Argentina is partly using to pay back existing debt with the IMF, had been scheduled for September.With the terms announced Friday, the IMF seeks “to support Argentina’s policy efforts and near-term balance of payments needs, including obligations to the fund.”By combining the fifth and sixth program reviews, Argentina won’t have to g...Mexico’s navy finds boat but not missing US sailor
Published Mon, 11 Nov 2024 11:18:24 GMT
MEXICO CITY (AP) — Mexico’s navy located the boat of a missing American sailor off the country’s southern coast, but the Maryland man who had been piloting it solo wasn’t found, authorities said Friday.Donald Lawson’s capsized trimaran was found Thursday night by a patrol boat involved in the search 356 nautical miles (about 410 miles or 660 kilometers) southwest of the resort city of Acapulco, according to the navy’s press office.The navy said that it would continue its search for Lawson, 41, an experienced sailor.A plane had reported spotting a boat similar to the description of Lawson’s on July 23 about 320 nautical miles (370 miles or 595 kilometers) south of Acapulco. The navy sent boats to the area, but it wasn’t until Thursday night that they found it.Port authorities in Acapulco said that Lawson had arrived on Jan. 26 for repairs to a motor and hull of the boat. After the repairs were completed, Lawson left Acapulco on July 5, headed for the Panama Canal, w...Enbridge, Bad River Indigenous band both appealing Line 5 court ruling in Wisconsin
Published Mon, 11 Nov 2024 11:18:24 GMT
WASHINGTON — Both sides in the ongoing dispute over the Line 5 cross-border pipeline are appealing last month’s court decision in Wisconsin. That’s where a district court judge gave Calgary-based Enbridge Inc. three years to reroute the controversial pipeline around Indigenous territory south of Lake Superior. The Bad River Band of the Lake Superior Chippewa, however, insists the pipeline should be shut down sooner and wants the three-year timeline overturned. Enbridge, which is also unhappy with the decision, has already filed its notice of appeal with the U.S. Court of Appeals for the Seventh Circuit. Lawyers for Bad River did the same on Thursday, arguing in court documents that the two appeals should be consolidated. Judge William Conley concluded in his ruling last month that Enbridge had effectively been trespassing on band territory since 2013, a finding the company opposes.This report by The Canadian Press was first published July 28, 2023.The Canadian PressNew justice minister arrives amid bail debate, vows fresh look at judicial vacancies
Published Mon, 11 Nov 2024 11:18:24 GMT
OTTAWA — Canada’s new justice minister says he plans to tell his staff and department to move “expeditiously” on addressing judicial vacancies, an issue that dogged his predecessors. Prime Minister Justin Trudeau picked Arif Virani to replace David Lametti when he unveiled his new cabinet this week, in a shuffle meant to renew the Liberal benches after nearly eight years in government. Trudeau says he assembled the team to respond to economic headwinds, but the changes come when more Canadians are worrying about crime and a lack of judges affects proceedings in courtrooms across the country. Virani was first elected in the Toronto riding of Parkdale-High Park when the Liberals swept to power in 2015, and went on to serve as parliamentary secretary to both Lametti and his predecessor, Jody Wilson-Raybould. The issue of judicial vacancies persisted under both, with Supreme Court of Canada Chief Justice Richard Wagner writing a personal warning to Trudeau earlier this...Georgia nuclear plant can start loading fuel into second new reactor, feds say
Published Mon, 11 Nov 2024 11:18:24 GMT
ATLANTA (AP) — Federal regulators have approved plans to load radioactive fuel into a second new nuclear reactor in Georgia.The Nuclear Regulatory Commission said Friday that Georgia Power Co. and its co-owners can begin loading fuel into unit 4 at Plant Vogtle, southeast of Augusta.It’s a key step toward completing the two-reactor project, which is seven years late and $17 billion over budget.Georgia Power, a unit of Atlanta-based Southern Co. has said it anticipates loading fuel in the last three months of 2023.The milestone comes as a Monday deadline nears for unit 3 to reach commercial operation. The current deadline to reliably send electricity to the grid came after a leaking turbine seal forced another month’s wait. The reactor was producing power at 98% of capacity on Friday, according to Nuclear Regulatory Commission records.Two older reactors are also operating at Plant Vogtle.Georgia Power said Friday that it’s making final preparations to load the 157 fuel assembli...2 people die in Berlin after jumping from a building to escape a fire, authorities say
Published Mon, 11 Nov 2024 11:18:24 GMT
BERLIN (AP) — Two people died on Friday after jumping from a building in Berlin to escape a fire on an upper floor, firefighters said.The blaze broke out on the 10th floor of a 12-story residential building in the German capital’s Kreuzberg district, the fire service told German news agency dpa. Several people were rescued from the fire, but the two people who jumped died at the scene despite efforts to resuscitate them. Further details were not immediately available.The fire was later extinguished; there was no immediate word on what had caused it.The Associated PressTaliban use stun guns, fire hoses and gunfire to break up Afghan women protesting beauty salon ban
Published Mon, 11 Nov 2024 11:18:24 GMT
Dozens of Afghan women protested a beauty salon ban on Wednesday after the Taliban ordered their closure nationwide. Security forces used fire hoses, stun guns and shot their guns into the air to break up the protest.The Taliban said earlier this month they were giving all salons in Afghanistan one month to wind down their businesses and close shop, drawing concern from international officials worried about the impact on female entrepreneurs. The Taliban say they are outlawing salons allegedly because they offer services forbidden by Islam and cause economic hardship for grooms’ families during wedding festivities.The ruling came from the Taliban leader Hibatullah Akhundzada — the latest curb on the rights and freedoms of Afghan women and girls, following edicts barring them from education, public spaces and most forms of employment.In a rare sign of public opposition to Taliban orders, dozens of beauticians and makeup artists gathered in the capital of Kabul to protest the ban.“We ...Texas DNA testing lab that identified a Bastrop cold case victim aims to 'democratize' technology
Published Mon, 11 Nov 2024 11:18:24 GMT
THE WOODLANDS, Texas (KXAN) -- On Thursday, the Bastrop County Sheriff's Office (BCSO) held a press conference announcing they had identified the body of a 1979 Jane Doe, the victim in a 44-year-old cold homicide case."Wish we could stand up here and say that they all go that way, but they don't," said Bastrop County District Attorney Bryan Goertz at the press conference, "This is CSI: Bastrop!" Bastrop County identify woman killed in 1979 But it was Othram, a DNA testing lab in The Woodlands, Texas, that linked the exhumed remains to missing person Kathy Ann Smith. BCSO connected Smith's death to deceased serial killer Henry Lee Lucas, who they said had confessed to her murder in 1984.Othram's involvementOthram's Chief Development Officer Kristen Mittelman said that the lab became involved in the case in September 2022. This was after BCSO exhumed the remains a second time to collect DNA samples -- the first attempt in 2019 yielded insufficient samples.The samples that did arrive...I-35 improvements could now impact area near Lady Bird Lake, TxDOT says
Published Mon, 11 Nov 2024 11:18:24 GMT
AUSTIN (KXAN) — The improvement plan that the Texas Department of Transportation (TxDOT) has for Interstate 35 could also impact the Lady Bird Lake bridge, park space and the trail, according to officials.The plan is part of the I-35 Capital Express Central project designed to help with the congestion on the interstate.On Thursday, TxDOT shared how the construction work would impact the trail and bridge in that part of I-35.“There will be some limited park impacts along the trails. We'll have detours in most cases,” said Brad Wheelis, a TxDOT spokesman. “There will be few instances where the trail can be closed for a few days at a time throughout construction. that's to keep everybody safe, and that's our most important factor here we're considering."The 8-mile project runs along the I-35 corridor from U.S. 290 down south to State Highway 71 and Ben White Boulevard.TxDOT said it hoped to start construction in 2024 and finish within ten years.Massive vision revealed for old Alcoa plant in Milam County
Published Mon, 11 Nov 2024 11:18:24 GMT
AUSTIN (KXAN) — A Dallas-based developer has finally revealed its massive plans for the roughly 31,000-acre former Alcoa aluminum plant in Milam County, northeast of Austin.Roughly a year and a half after an entity connected to Xebec Holdings LLC purchased the property in Rockdale for roughly $240 million, the company said July 26 that it plans to develop 3,300 of those acres into up to 50 million square feet of industrial space for what it's calling the Advanced Manufacturing and Logistics Campus.The site — once marketed as Sandow Lakes Ranch, and pitched as a long-shot bid for Amazon's HQ2 — was purchased in November 2021 by SLR Property 1 LP, which is tied to Xebec. The land stretches across Milam and Lee counties and is located about 15 miles east of Taylor, where Samsung Electronics Co. Ltd. is building a multibillion-dollar computer chip factory.Latest news
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