US Business

Study eyes US cooperation with Pakistan amid China rise

The United States needs to keep engaging Pakistan despite lingering distrust over Afghanistan, with investment and climate cooperation key to reducing the South Asian nation’s growing reliance on China, a study group recommended Tuesday.

The group released its findings during a visit to Washington by the head of Pakistan’s powerful military, General Qamar Javed Bajwa, a week after a trip by the civilian foreign minister, Bilawal Bhutto Zardari.

The study group, which did not involve the US government, included scholars and former US ambassadors to Pakistan Ryan Crocker, Cameron Munter and Robin Raphel, along with Husain Haqqani, Pakistan’s former ambassador in Washington.

Pakistan and the United States were partners in the Cold War and, officially, in the Afghanistan war. But American officials lost patience with Islamabad which they suspected of quietly maintaining support for the Taliban, who triumphed as US troops withdrew last year.

“Instead of allowing existing differences to define the partnership, it may be time to recognize that both sides need to understand the other’s interests so that they can then find a way to work on areas of mutual concern,” the study group said.

The United States must move beyond leveraging aid to change Pakistan’s policies, a tactic that has been a proven failure.

Islamabad, in turn, needs to accept “that all of Pakistan’s problems, especially terrorism and militancy, cannot be laid at the door of the US.”

Pakistan has forged increasingly close relations with China, triggering warnings from the United States that Beijing — seen as Washington’s key global competitor — will saddle the economically troubled nation with debt.

The study group said that after previously linking the Pakistan relationship to Afghanistan or its historic rival India, the United States should avoid now seeing ties through the lens of China.

Instead, the United States can “help build Pakistan’s capacity for transparency and compliance” on Chinese loans and can reduce reliance on China by encouraging investment by US companies and others, it said.

The United States can also focus on building climate resilience — a key challenge for Pakistan, which was recently devastated by floods.

While the United States wants to step back from Afghanistan, the study group said the need for counterterrorism cooperation with Pakistan “has if anything increased” due to the loss of US intelligence assets on the ground.

“While Pakistan and the US often fail to see eye-to-eye when it comes to Afghanistan, China, or India, they do share mutual interests in seeking stability in the region, combatting the problem of extremism and averting armed conflict in nuclear South Asia,” it said.

Study eyes US cooperation with Pakistan amid China rise

The United States needs to keep engaging Pakistan despite lingering distrust over Afghanistan, with investment and climate cooperation key to reducing the South Asian nation’s growing reliance on China, a study group recommended Tuesday.

The group released its findings during a visit to Washington by the head of Pakistan’s powerful military, General Qamar Javed Bajwa, a week after a trip by the civilian foreign minister, Bilawal Bhutto Zardari.

The study group, which did not involve the US government, included scholars and former US ambassadors to Pakistan Ryan Crocker, Cameron Munter and Robin Raphel, along with Husain Haqqani, Pakistan’s former ambassador in Washington.

Pakistan and the United States were partners in the Cold War and, officially, in the Afghanistan war. But American officials lost patience with Islamabad which they suspected of quietly maintaining support for the Taliban, who triumphed as US troops withdrew last year.

“Instead of allowing existing differences to define the partnership, it may be time to recognize that both sides need to understand the other’s interests so that they can then find a way to work on areas of mutual concern,” the study group said.

The United States must move beyond leveraging aid to change Pakistan’s policies, a tactic that has been a proven failure.

Islamabad, in turn, needs to accept “that all of Pakistan’s problems, especially terrorism and militancy, cannot be laid at the door of the US.”

Pakistan has forged increasingly close relations with China, triggering warnings from the United States that Beijing — seen as Washington’s key global competitor — will saddle the economically troubled nation with debt.

The study group said that after previously linking the Pakistan relationship to Afghanistan or its historic rival India, the United States should avoid now seeing ties through the lens of China.

Instead, the United States can “help build Pakistan’s capacity for transparency and compliance” on Chinese loans and can reduce reliance on China by encouraging investment by US companies and others, it said.

The United States can also focus on building climate resilience — a key challenge for Pakistan, which was recently devastated by floods.

While the United States wants to step back from Afghanistan, the study group said the need for counterterrorism cooperation with Pakistan “has if anything increased” due to the loss of US intelligence assets on the ground.

“While Pakistan and the US often fail to see eye-to-eye when it comes to Afghanistan, China, or India, they do share mutual interests in seeking stability in the region, combatting the problem of extremism and averting armed conflict in nuclear South Asia,” it said.

Loretta Lynn, country music luminary and songwriting pioneer, dies at 90

Loretta Lynn, America’s groundbreaking country titan whose frank lyricism delving into women’s experiences with sex, infidelity and pregnancy touched the nerve of a nation, has died. She was 90 years old.

She “passed peacefully in her sleep” at her ranch in Tennessee Tuesday morning, her family said in a statement sent to AFP.

Lynn saw a number of her edgy tracks banned by country music stations, but over the course of more than six decades in the business, she became a standard-bearer of the genre and its most decorated female artist ever.

Born Loretta Webb on April 14, 1932 in small-town Kentucky, Lynn was the eldest daughter in an impoverished family of eight kids, a childhood she immortalized in her iconic track “Coal Miner’s Daughter” — a staple on lists of all-time best songs.

“We were poor but we had love / That’s the one thing that daddy made sure of,” Lynn sang in the hit recorded in 1970 — later the theme song for a 1980 movie about her life starring Sissy Spacek, who won an Oscar for the role. 

At just 15 years old, the artist married Oliver Vanetta Lynn, who she remained married to for nearly 50 years until his death in 1996.

They moved to a logging community in Washington state, and Lynn gave birth to four children before the age of 20, adding twins to the family not long after.

An admirer of his wife’s voice, her husband bought Lynn a guitar in the early 1950s.

The self-taught musician went on to pen lyrics inspired by her own early experiences as a married woman and her oft-tumultuous relationship, the nascent days of a prolific career that would see the artist release dozens of albums.

She started her own band, Loretta and the Trailblazers, and began playing bar sets before cutting her first record — “I’m a Honky Tonk Girl” in 1960.

Her twang was warm and languid but Lynn’s lyrics were anything but: She sang with searing precision of marriage’s growing pains and gave voice to issues facing women that had long been kept quiet.

“Most songwriters tended to write about falling in love, breaking up and being alone, things like that,” Lynn told The Wall Street Journal in 2016. “The female view I wrote about was new.”

“I just wrote about what I knew, and what I knew usually involved something that somebody did to me.”

– ‘The Pill’ –

The Lynns began touring nationwide to promote the singer’s work to radio stations, and she made her debut at the storied Grand Ole Opry in 1960, going on to become one of the Nashville institution’s most acclaimed acts.

“Our Opry family turns to music when words fail. Thank you for all you’ve given to the Opry, @LorettaLynn,” the show tweeted.

During her early years in the industry, she found a friend and mentor in Patsy Cline, one of the 20th century’s most influential singers who died in a plane crash in 1963 at age 30.

She also forged a longstanding creative partnership with Conway Twitty, with whom she formed one of country’s classic duet acts.

Lynn released a steady stream of hit singles, including 1966’s “Dear Uncle Sam” — one of the era’s first tracks to document the tragedy of the Vietnam War.

That same year she put out “You Ain’t Woman Enough (To Take My Man),” which made her the first woman in country to pen a number one hit.

In 1969, she released one of her most controversial songs, “Wings Upon Your Horns,” which describes through religious metaphor a teenager losing her virginity.

But her runaway success continued and she dominated the 1970s with hits such as “Fist City” — a stern warning to her cheating husband’s lover — and 1972’s “Rated X,” which triggered an outcry in discussing the stigmas faced by divorced women.

In 1975, she released “The Pill,” which praised the freedoms of birth control. 

“When I’d put out a record, they’d say, ‘Uh oh, another dirty song.’ ‘Rated X’? They thought that was going to be bad. But hey, it sold. ‘One’s on the Way’? They thought that song would really be dirty,” she told Billboard in 2015. 

“But everything I sang about was everyday living.”

– ‘The truth’ –

In 1988, Lynn was inducted into the Country Music Hall of Fame as one of its most storied legends.

She won virtually every arts honor available, including the prestigious Presidential Medal of Freedom, the nation’s highest civilian award.

Despite the progressive airs of her music, Lynn would insist that her clearly political music had “no politics.” She leaned Republican most of her life, frequently performing for and supporting right-wing candidates — including Donald Trump in 2016 — even as she also voiced support for Democrats like Jimmy Carter.

But she was universally beloved in the industry she deeply influenced, collaborating with scores of artists including Dolly Parton, Willie Nelson and Elvis Costello. In 2004 she released the album “Van Lear Rose,” produced by Jack White.

In 2021, a month before turning 89, she released the album “Still Woman Enough,” which featured re-recordings and new material.

Music world accolades quickly flooded social media, praising Lynn’s pivotal life.

“We’ve been like sisters all the years we’ve been in Nashville and she was a wonderful human being, wonderful talent, had millions of fans and I’m one of them,” wrote the superstar Parton.

Crystal Gayle, Lynn’s actual sister and a singer in her own right, wrote that “the world lost a legend. We lost a sister. Love you Loretta.”

Lynn once told Billboard she’d never retire from music, vowing that “when they lay me down six feet under, they can say, ‘Loretta’s quit singing.’ I’ll have on one of my gowns,” she continued.

“That’s morbid, but it’s the truth.”

Musk offers to close Twitter buyout at original price: report

Elon Musk has offered to push through with his buyout of Twitter at the original agreed price, reports said Tuesday, just weeks before the opening of a bitter court case over his effort to withdraw from the deal.

US media said the world’s richest man had sent a letter to Twitter vowing to honor the takeover price of $54.20 a share — prompting a surge in the share value of the social network that triggered a suspension of trading.

The latest twist in the long-running buyout saga comes less than two weeks before the start of the high-stakes trial instigated by Twitter in an effort to hold the Tesla chief to the $44 billion deal he signed in April.

Musk was slated to be deposed by Twitter attorneys later this week in preparation for the trial.

A serial entrepreneur made rich through his success with Tesla electric cars, Musk began to step back from the Twitter deal soon after it was agreed.

He said in a letter in July that he was canceling the purchase because he was misled by Twitter concerning the number of fake “bot” accounts, allegations rejected by the company.

Twitter, meanwhile, has been seeking material or testimony to prove Musk is contriving excuses to walk away because he changed his mind.

In July, a Delaware judge agreed to fast-track a trial on Twitter’s allegations, which the company argued is impeding its financial performance.

– Free speech or abuse? –

Wedbush analyst Dan Ives said in an email that Musk’s apparent pivot shows that he recognized his chance of winning in court was “highly unlikely, and this $44 billion deal was going to be completed one way or another.”

Shares in Twitter were up 12.7 percent at $47.95, having been halted by the New York Stock Exchange following a Bloomberg report on a possible new takeover offer.

Musk made his unsolicited bid to buy Twitter without asking for estimates regarding spam or fake accounts, and even sweetened his offer to the board by withdrawing a diligence condition, the lawsuit against him said.

Seen by his champions as an iconoclastic genius and by his critics as an erratic megalomaniac, Musk surprised many investors with his pursuit of Twitter.

His potential stewardship of the social media site hit several bumps since the takeover attempt was made public, and sparked worry from activists over lifting of the ban on Donald Trump — as well as the possibility the new owner would open the gates to abusive and misinformative posts.

Musk — who sees himself as a free speech advocate — has said he favored lifting the ban on Trump, who was kicked off the platform in January 2021 shortly after the former US president’s efforts to overturn his election defeat led to the January 6 assault on the US Capitol.

Musk’s norm-defying conduct has come as little surprise to watchers of the Tesla and SpaceX chief after years of statements that flout or test convention and sometimes provoke a crackdown from regulators.

Only on Monday he was embroiled in a Twitter spat with Ukrainian President Volodymyr Zelensky over his ideas on ending Russia’s invasion.

Musk offers to close Twitter buyout at original price: report

Elon Musk has offered to push through with his buyout of Twitter at the original agreed price, reports said Tuesday, just weeks before the opening of a bitter court case over his effort to withdraw from the deal.

US media said the world’s richest man had sent a letter to Twitter vowing to honor the takeover price of $54.20 a share — prompting a surge in the share value of the social network that triggered a suspension of trading.

The latest twist in the long-running buyout saga comes less than two weeks before the start of the high-stakes trial instigated by Twitter in an effort to hold the Tesla chief to the $44 billion deal he signed in April.

Musk was slated to be deposed by Twitter attorneys later this week in preparation for the trial.

A serial entrepreneur made rich through his success with Tesla electric cars, Musk began to step back from the Twitter deal soon after it was agreed.

He said in a letter in July that he was canceling the purchase because he was misled by Twitter concerning the number of fake “bot” accounts, allegations rejected by the company.

Twitter, meanwhile, has been seeking material or testimony to prove Musk is contriving excuses to walk away because he changed his mind.

In July, a Delaware judge agreed to fast-track a trial on Twitter’s allegations, which the company argued is impeding its financial performance.

– Free speech or abuse? –

Wedbush analyst Dan Ives said in an email that Musk’s apparent pivot shows that he recognized his chance of winning in court was “highly unlikely, and this $44 billion deal was going to be completed one way or another.”

Shares in Twitter were up 12.7 percent at $47.95, having been halted by the New York Stock Exchange following a Bloomberg report on a possible new takeover offer.

Musk made his unsolicited bid to buy Twitter without asking for estimates regarding spam or fake accounts, and even sweetened his offer to the board by withdrawing a diligence condition, the lawsuit against him said.

Seen by his champions as an iconoclastic genius and by his critics as an erratic megalomaniac, Musk surprised many investors with his pursuit of Twitter.

His potential stewardship of the social media site hit several bumps since the takeover attempt was made public, and sparked worry from activists over lifting of the ban on Donald Trump — as well as the possibility the new owner would open the gates to abusive and misinformative posts.

Musk — who sees himself as a free speech advocate — has said he favored lifting the ban on Trump, who was kicked off the platform in January 2021 shortly after the former US president’s efforts to overturn his election defeat led to the January 6 assault on the US Capitol.

Musk’s norm-defying conduct has come as little surprise to watchers of the Tesla and SpaceX chief after years of statements that flout or test convention and sometimes provoke a crackdown from regulators.

Only on Monday he was embroiled in a Twitter spat with Ukrainian President Volodymyr Zelensky over his ideas on ending Russia’s invasion.

Saudi prince's lawyers says PM title ensures legal immunity

Lawyers for Saudi Crown Prince Mohammed bin Salman have argued that his appointment as prime minister qualifies him for immunity from lawsuits in US courts, including one related to the 2018 killing of journalist Jamal Khashoggi.

Prince Mohammed, who previously served as deputy prime minister and defence minister, was named prime minister by royal decree last week, sparking concern from human rights activists and government critics that he was looking to skirt exposure in cases filed in foreign courts.

His lawyers had previously argued that he “sits at the apex of Saudi Arabia’s government” and thus qualifies for the kind of immunity US courts afford foreign heads of state and other high-ranking officials.

Last week’s royal decree “leaves no doubt that the Crown Prince is entitled to status-based immunity”, his lawyers said in a filing Monday in a case brought in 2020 by Khashoggi’s fiancee, Hatice Cengiz.

The 2018 killing of Khashoggi, a Saudi insider turned critic, in the kingdom’s Istanbul consulate temporarily turned Prince Mohammed into a pariah in the West.

But he has been welcomed back on the world stage this year, notably by US President Joe Biden, who travelled to Saudi Arabia in July despite an earlier pledge to make the kingdom a “pariah”.

Last year, Biden declassified an intelligence report that found Prince Mohammed had approved the operation against Khashoggi, an assertion Saudi authorities deny.

The Biden administration has yet to weigh in on whether it believes Prince Mohammed qualifies for immunity.

A judge had given US lawyers a deadline of October 3 to file a “statement of interest” on the question.

But on Friday, citing Prince Mohammed’s new position, the administration requested an additional 45 days to make up its mind.

That request was granted and the new deadline is November 17.

The legal threats to Prince Mohammed in US courts go beyond Khashoggi.

He was also named in a lawsuit filed by Saad al-Jabri, a former top intelligence official who fell out of favour as Prince Mohammed manoeuvred to become first in line to the throne in 2017. 

That complaint accuses Prince Mohammed of trying to lure Jabri back to Saudi Arabia from exile in Canada — then, when that didn’t work, “deploying a hit squad” to kill him on Canadian soil, a plot foiled when most of the would-be assailants were turned back at the border.

However on Friday a judge granted a motion to dismiss the case, saying his court did not have jurisdiction over nearly all of the defendants listed by Jabri — a group that includes Prince Mohammed, other Saudi officials and “several US-based individuals”.

Prince Mohammed’s father, 86-year-old King Salman, has been hospitalised twice this year, but he chaired the weekly cabinet meeting Tuesday, just as he did the day Prince Mohammed’s promotion was announced.

In July, a group of NGOs filed a complaint in France alleging that Prince Mohammed was an accomplice to Khashoggi’s torture and enforced disappearance.

They said the charges could be prosecuted in France, which recognises universal jurisdiction.

Prince Mohammed “does not have immunity from prosecution because as crown prince he is not head of state”, they said.

UK's Truss says 'no shame' in climbdown amid Tory tensions

Britain’s Prime Minister Liz Truss insisted Tuesday she felt “no shame” and vowed to press on with unpopular economic reforms despite lurching into a self-inflicted crisis just a month into her term.

Despite Truss’s attempts to move on, cabinet splits emerged as the ruling Conservatives endured another stormy day at their annual conference in Birmingham, central England.

Truss and Chancellor of the Exchequer Kwasi Kwarteng have been forced to climb down on their plan to cut income tax for the richest, as ordinary Britons suffer the worst cost-of-living crisis in generations.

The plan met with uproar from Tory critics, deep disapproval in opinion polls, and destabilised financial markets given its reliance on billions extra in government borrowing.

“I think there’s absolutely no shame in a leader listening to people and responding, and that’s the kind of person I am,” Truss told Sky News.

Reiterating that the tax cut had proved a “distraction”, she added on the BBC: “I want to take people with me. Yes, we are going to have to make tough decisions.”

“I’m determined to carry on with this growth package,” she told LBC radio, stressing another component of the plan to cap soaring energy bills.

– Budget confusion –

Truss and Kwarteng were widely reported as bringing forward a major debt reduction plan to later this month, having insisted previously that it would only come on November 23.

Its unveiling will be accompanied by independent forecasts from the Office for Budget Responsibility (OBR), in a bid to calm febrile financial markets.

But the two politicians both insisted November 23 remained the date, with Kwarteng telling GB News that the media had been “reading the runes” incorrectly.

Mel Stride, the Tory chairman of the powerful Treasury committee in the House of Commons, had welcomed the reporting of an earlier date to show how the government intends to fix its finances.

Acting in advance of the Bank of England’s next rate-setting meeting on November 3 could “reduce the upward pressure on interest rates to the benefit of millions of people up and down the country”, he added.

Potential cuts to the welfare budget are shaping up as the next battle with dissident Tory MPs after the aborted tax cut.

“We have to look at these issues in the round. We have to be fiscally responsible,” Truss told BBC radio.

– ‘Coup’ –

But senior minister Penny Mordaunt, one of the candidates Truss beat in the Tory leadership race, stepped out of the cabinet line.

It “makes sense” that welfare should still rise in line with soaring rates of inflation, she told Times Radio.

“That’s what I voted for before, and so have a lot of my colleagues.”

Truss said she did not intend to fire Mordaunt, and denied that she had lost control of her cabinet after putting on a show of unity with Kwarteng on a visit to a construction site in Birmingham.

There was little team spirit on display from Home Secretary Suella Braverman, however, as she accused party critics of seeking to stage a “coup” against Truss.

Braverman herself later set up the government for further strife by promising to deport all asylum seekers who do not enter Britain via a safe and legal route, which unions pointed out would be in breach of international conventions. 

Many commentators argue that Truss’s credibility was already in tatters not long after she succeeded Boris Johnson on September 6.

The Daily Mail newspaper, normally a trenchant voice in support of the new leader’s right-wing agenda, headlined its main story: “Get a grip!”

– Honouring Boris –

Dissident ringleader Michael Gove kept up criticism of Truss, stressing all Conservative MPs had been elected on Johnson’s manifesto of 2019. 

It included a pledge to end arbitrary evictions of tenants by private landlords, he noted at a conference fringe event held by the housing charity Shelter. 

“We’ve got to keep faith with what Boris wanted, we’ve got to make sure that manifesto commitment is honoured,” Gove said, after Truss reneged on a Johnson commitment to ban fracking. 

But asked by reporters if Truss would survive past the end of the year, the former minister said: “Yes.”

Shelter presented poll findings that suggested private renters who voted Tory in 2019 are deserting the party in droves for Labour and other opposition parties. 

Wider opinion polls in recent days have shown Labour breaching 50 percent as the Tories slump under Truss, fraying nerves in Birmingham as she prepares to close the conference on Wednesday.

Stocks surge on interest rate hopes

Global stocks rallied Tuesday and the dollar mostly slid as weak US data sparked hopes the Federal Reserve could ease its interest-rate hiking plans.

Frankfurt and Paris equities both soared around four percent in value after Tokyo gained 3.0 percent, while London won 2.6 percent.

Wall Street’s surged higher for the second straight day, with the Dow rising 2.7 percent. The S&P 500 jumped 2.9 percent and the Nasdaq Composite 3.4 percent.

“Weaker-than-expected manufacturing data from the US was taken as a signal that rising interest rates may be having some effect on cooling demand for goods,” said Interactive Investor analyst Richard Hunter.

“This in turn led to hopes of a Federal Reserve pivot, even though the spectre of inflation remains firmly at the top of their stated to-do list.”

The Fed and other central banks across the world have raised interest rates in efforts to tame runaway inflation, but the monetary tightening has raised fears that it could plunge countries into recession.

Those concerns have fed into sharp drops in stocks in recent weeks, as have expectations that the Fed will have to raise interest rates by a couple more percentage points through much of next year to get on top of inflation.

But Wall Street had enjoyed a bumper start to the fourth quarter on Monday after data showed US manufacturing growth slowed more than expected in September to its weakest in more than two years.

The Institute for Supply Management said its manufacturing index dropped 1.9 points to 50.9 percent, just barely above the 50-percent threshold indicating expansion, as the prices index fell to the lowest in more than two years.

Eurozone manufacturing survey data out Monday showed a contraction on the back of the region’s ongoing energy crisis.

“The turnaround in risk appetite appears to have been driven by another deterioration in PMI surveys as traders speculate that such weakness could be a precursor to slower monetary tightening,” noted OANDA market analyst Craig Erlam.

Asian markets built on the Monday Wall Street surge. Tokyo and Seoul were among the leaders, despite news that North Korea had fired a missile over Japan for the first time since 2017.

Sydney soared 3.8 percent after the Reserve Bank of Australia lifted interest rates by less than expected.

Hong Kong and Shanghai were closed for holidays.

Investors will focus later this week on Friday’s all-important US jobs figures for the latest reading on the health of the world’s biggest economy.

“The specter of the September employment report on Friday, however, is still hanging out there as a potential spoiler,” said Briefing.com analyst Patrick O’Hare.

“By the same token, it could also provide more interest rate relief if it is on the weaker side of things,” he added.

– Sterling extends gains –

Oil also continued to push higher on expectations OPEC and other major producers will slash output this week, having become spooked by a plunge in the price of the commodity on recession fears.

The 13 members of the Organization of the Petroleum Exporting Countries (OPEC), led by Riyadh, and their 10 allies headed by Moscow will hold Wednesday their first in-person meeting at the group’s headquarters in Vienna since March 2020.

The rally in equities came as the dollar weakened owing to lower expectations for US monetary tightening, with the pound also supported by the UK government’s decision to scrap a planned cut in the top rate of income tax.

The pound extended gains after breaking back above $1.14, having last Monday tanked to a record low $1.0350. The euro rose around 1.5 percent against the greenback.

– Key figures around 1530 GMT –

New York – Dow: UP 2.7 percent at 30,273.78 points

EURO STOXX 50: UP 4.3 percent at 3,484.48

Paris – CAC 40: UP 4.2 percent at 6,039.69 (close)

Frankfurt – DAX: UP 3.8 percent at 12,670.48 (close)

London – FTSE 100: UP 2.6 percent at 7,086.46 (close)

Tokyo – Nikkei 225: UP 3.0 percent at 26,992.21 (close)

Hong Kong – Hang Seng Index: Closed for a holiday

Shanghai – Composite: Closed for a holiday

Pound/dollar: UP at $1.1440 from $1.1323 on Monday

Euro/dollar: UP at $0.9976 from $0.9826

Euro/pound: UP at 87.16 pence from 86.77 pence

Dollar/yen: DOWN at 144.39 yen from 144.55 yen

Brent North Sea crude: UP 3.5 percent at $91.94 per barrel

West Texas Intermediate: UP 3.4 percent at $86.48 per barrel

burs-rl/cdw

EU lawmakers impose single charger for all smartphones

The EU parliament on Tuesday passed a new law requiring USB-C to be the single charger standard for all new smartphones, tablets and cameras from late 2024.

The measure, which EU lawmakers adopted with a vote 602 in favour, 13 against, will — in Europe at least — push Apple to drop its outdated Lightning port on its iPhones for the USB-C one already used by many of its competitors.

Makers of laptops will have extra time, from early 2026, to also follow suit.

EU policymakers say the single charger rule will simplify the life of Europeans, reduce the mountain of obsolete chargers and reduce costs for consumers. 

It is expected to save at least 200 million euros ($195 million) per year and cut more than a thousand tonnes of EU electronic waste every year, the bloc’s competition chief Margrethe Vestager said.

The EU move is expected to ripple around the world.

The European Union’s 27 countries are home to 450 million people who count among the world’s wealthiest consumers. Regulatory changes in the bloc often set global industry norms in what is known as the Brussels Effect.

“Today is a great day for consumers, a great day  for our environment,” Maltese MEP Alex Agius Saliba, the European Parliament’s pointman on the issue, said.

“After more than a decade; the single charger for multiple electronic devices will finally become a reality for Europe and hopefully we can also inspire the rest of the world,” he said.

– Faster data speed –

Apple, the world’s second-biggest seller of smartphones after Samsung, already uses USB-C charging ports on its iPads and laptops. 

But it resisted EU legislation to force a change away from its Lightning ports on its iPhones, saying that was disproportionate and would stifle innovation.

However some users of its latest flagship iPhone models — which can capture extremely high-resolution photos and videos in massive data files — complain that the Lightning cable transfers data at only a bare fraction of the speed USB-C does.

The EU law will in two years’ time apply to all handheld mobile phones, tablets, digital cameras, headphones, headsets, portable speakers, handheld videogame consoles, e-readers, earbuds, keyboards, mice and portable navigation systems.

People buying a device will have the choice of getting one with or without a USB-C charger, to take advantage of the fact they might already have at least one cable at home.

Makers of electronic consumer items in Europe agreed a single charging norm from dozens on the market a decade ago under a voluntary agreement with the European Commission.

But Apple refused to abide by it, and other manufacturers kept their alternative cables going, meaning there are still some six types knocking around.

They include old-style USB-A, mini-USB and USB-micro, creating a jumble of cables for consumers.

USB-C ports can charge at up to 100 Watts, transfer data up to 40 gigabits per second, and can serve to hook up to external displays.

Apple also offers wireless charging for its latest iPhones — and there is speculation it might do away with charging ports for cables entirely in future models. But currently the wireless charging option offers lower power and data transfer speeds than USB-C.

US to require extra hour of rest for flight attendants

US authorities will require flight attendants be given an additional hour to rest between trips, according to new rule announced Tuesday.

The Federal Aviation Administration will lift the minimum rest time to 10 consecutive hours from nine, implementing a rule change as required by a 2018 law.

“Flight attendants, like all essential transportation workers, work hard every day to keep the traveling public safe, and we owe them our full support,” US Transportation Secretary Pete Buttigieg said. 

“This new rule will make it easier for flight attendants to do their jobs, which in turn will keep all of us safe in the air.”

The Association of Flight Attendants, which had long fought for the longer rest times, praised the FAA announcement, which takes effect in 30 days and gives airlines 90 days to be implemented.

“As aviation’s first responders and last line of defense, it is critical that we are well rested and ready to perform our duties,” said AFA President Sara Nelson

“Covid has only exacerbated the safety gap with long duty days, short nights, and combative conditions on planes.”

Nelson praised President Joe Biden for enacting the measure, adding that while the 2018 congressional mandate “could not have been more clear,” officials in Donald Trump’s administration “put our rest on a regulatory road to kill it.”

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