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Brazil senator drops proposal to tax low-cost online orders from bill Jun 4, 2024 03:11PM

BRASILIA (Reuters) - A proposal to tax online international purchases under $50 was dropped from a wider bill ahead of an expected vote in the Brazilian Senate on Tuesday and should be debated separately, the senator in charge of the bill said.

The unpopular 20% import tax on international low-cost online purchases was removed from a bill on sustainability tax incentives for automakers that was approved last week by the country's lower house.

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Columbia University settles lawsuit over campus safety amid protests Jun 4, 2024 02:48PM

By Jonathan Stempel

NEW YORK (Reuters) - Columbia University will provide safety escorts and take other steps to protect its students, to settle a lawsuit claiming its campus had become unsafe during recent pro-Palestinian protests.

Under a settlement filed on Tuesday in Manhattan federal court, the Ivy League school will through year end offer round-the-clock "walking escorts" across campus, and appoint a "Safe Passage Liaison" to... (continue reading...)


Lawmakers brawl in Turkish parliament over pro-Kurdish mayor's detention Jun 4, 2024 02:41PM

ANKARA (Reuters) - Lawmakers from Turkey's ruling AK Party and the pro-Kurdish DEM Party brawled in parliament's general assembly on Tuesday over the detention and replacement of a DEM Party mayor in southeast Turkey.

On Monday, police detained Mehmet Siddik Akis, mayor of the southeastern Hakkari province bordering Iran and Iraq, just two months after he won power in local elections. Turkey's Interior Ministry said Akis played a high-level role within... (continue reading...)


Hamas wants Israel to commit to permanent ceasefire, full withdrawal from Gaza Jun 4, 2024 02:33PM

CAIRO (Reuters) - Hamas cannot agree to any deal unless Israel makes a "clear" commitment to a permanent ceasefire and a complete withdrawal from the Gaza Strip, a senior official from the Palestinian militant group said on Tuesday.

Qatar, which alongside the United States and Egypt has been mediating talks between Hamas and Israel, has also urged Israel to provide a clear position that has the backing of its entire government to reach a deal.

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Tesla likely to spend $3 billion-$4 billion on Nvidia hardware this year Jun 4, 2024 02:28PM

(Reuters) -Tesla will likely spend between $3 billion and $4 billion on its purchases of chip company Nvidia's hardware this year, CEO Elon Musk said in a post on X on Tuesday.

Musk also said that out of the $10 billion in artificial intelligence-related capital expenditure this year, around half would be internal spend.

"For building the AI training superclusters, NVidia (sic) hardware is about 2/3 of the cost," he said on X.

... (continue reading...)


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