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CDE News Feed: CDE News - The Dispatch

Heavy rain drenches southwest China, some cities flooded

BEIJING, June 9 (Reuters) – Non-stop heavy rain lashed parts of southwest China on Friday, triggering floods in some cities, engulfing roads and partially submerging buildings. A particularly harsh first bout of summer rains known locally as “dragon boat water” saw the city of Beihai in the Guangxi region log 453 millimetres (17.8 inches) of […]

Taiwan presses EU on investment deal as bloc courts tech companies

By Jeanny Kao and Ben Blanchard TAIPEI, June 9 (Reuters) – Taiwan and the European Union should sign a long-stalled investment agreement if Europe wants long-term investment from the island, Taiwan’s top trade negotiator said on Friday as the bloc courts tech firms like TSMC to build factories there. Taiwan has repeatedly called for progress […]

Toddlers stable after Annecy attack, France lauds ‘backpack hero’

By Antony Paone and Geert De Clercq Annecy, June 9 (Reuters) – Well-wishers laid flowers on Friday at the site in the French mountain town of Annecy where an attacker stabbed four toddlers, as a shocked nation paid tribute to a backpack-wearing student who tried to stop the assault. Two of the children were in […]

EU states agree draft law on asset recovery from organised crime

BRUSSELS, June 9 (Reuters) – Organised crime could face tougher EU rules on illegal profits, including those gained by breaking sanctions, as member states look to harmonise relevant laws under a draft directive agreed on Friday. The new law, once it is passed after talks with the EU parliament and the Commission, updates the minimum […]

Julian Assange loses US extradition challenge, will renew appeal next week

LONDON, June 9 (Reuters) – WikiLeaks’ founder Julian Assange has lost his latest attempt to fight extradition from Britain to the United States where he is wanted on criminal charges, though he will renew his appeal next week. Assange, 51, is wanted by U.S. authorities on 18 charges relating to WikiLeaks’ release of vast troves […]

France plans to close tax loophole benefiting AirBnB

PARIS, June 9 (Reuters) – France’s finance ministry is working on plans to close a tax loophole benefiting short-term furnished rentals such as AirBnB , Finance Minister Bruno Le Maire said on Friday. Many big French cities are facing housing shortages and renting flats to tourists on platforms such as AirBnB is often blamed for […]

Greta Thunberg criticises Russia over Ukraine dam ‘ecocide’

STOCKHOLM, June 9 (Reuters) – Swedish climate activist Greta Thunberg has accused Russia of causing the collapse of the Kakhovka dam in Ukraine, calling it an act of “ecocide”. The burst of the huge dam, under Russian control in southern Ukraine’s Kherson region, unleashed large floods, forcing thousands of residents to flee and wreaking environmental […]

Photo Story: NATO prepares for largest redeployment of air forces in its existence

United States Air Force (USAF) personnel stands in front of a A-10 Thunderbolt on the airfield of the base of the 51 Tactical Air Wing Immelmann, during the NATO Air Defender 2023 exercise, in Jagel, Germany, 09 June 2023. The ‘Air Defender 2023’ manoeuvre is the largest North Atlantic Treaty Organization (NATO) redeployment exercise of […]

Italy industry output tumbles in April, missing forecasts

ROME, June 9 (Reuters) – Italian industrial output fell by 1.9% in April from the month before, data showed on Friday. It was the fourth consecutive monthly fall for the index, against expectations of a modest positive reading. A Reuters survey of 19 analysts had pointed to a 0.1% rise. In March, output had decreased […]

UPDATED: Italy says it can’t approve ESM treaty without deal on new EU budget rules

ROME, June 9 (Reuters) – Italy is unwilling to ratify the reform of the euro zone bailout fund without first knowing how European budget rules will change, Prime Minister Giorgia Meloni said on Friday. Her comment sets the stage for a confrontation between Rome’s right-wing government and its partners in the European Union, starting with budget-discipline hawk […]