Latest News
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US watchdog will review whistleblower warnings on voting rules
The?U.S. The?U.S. Postal Service Office of Inspector General?announced on Tuesday that it will conduct an independent review of allegations made by a whistleblower. This whistleblower warned that proposed?USPS mail in voting restrictions may result in thousands of legal votes being discarded. A federal judge in Boston, extended on Friday a ban that prevented President Donald Trump from implementing the new USPS rule which would have tightened mail-in voting requirements before the November congressional elections. Last week, the?administration of President Donald Trump asked the Supreme Court for permission to enforce the new USPS rule regarding the?use mail-in votes. They said that the new rules would 'threaten integrity of the November congressional election.' The lawmakers cited a whistleblower warning that the "verification" system planned by USPS "risks collapsing absentee voting and disenfranchising many millions of Americans." USPS regulations would require new standards for voter data and ballot envelopes, and could refuse delivery to ballots that did not meet these requirements. Critics say this could lead to thousands of 'legitimate' votes being thrown out as the November 3, 2016 election approaches. Republicans are in a fierce battle to keep control of the?Congress during elections. Critics claim that restricting mail in ballots would disproportionately benefit Republicans, given that Democratic voters are more likely to mail in ballots. The new USPS rule requires that?states provide lists of mail-ballot recipients to the postal service, and use envelopes with unique barcodes approved by the agency for outbound and returned ballot mail. Postal service officials could refuse to mail ballots that don't meet the new standards, or those associated with voters not listed on the list.
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Wizz Air and Ryanair demand NATS overhaul following UK flight disruption
Budget airlines 'Wizz Air' and 'Ryanair, both European carriers, called for a restructure of Britain’s air traffic controller NATS on Tuesday after a?new technical issue that caused?hundreds? of flights to be disrupted at key airports across the country. "A vital national infrastructure provider shouldn't repeatedly stop the aviation system." NATS in its current state is not suitable for the purpose it was intended for," said a Wizz Air spokesperson. Rival airline Ryanair has also criticised this agency and demanded the resignation of its CEO, Martin Rolfe. We were told that lessons would be learned after the collapse of 2023. "Resilience will improve" was the message. We were told that the systems had been repaired. "Yet here we are again", said Ryanair Chief Operating Officer Neal McMahon. NATS said it had implemented "a fix" to the latest problem and was working closely with airlines and airports in order to restore normalcy. We continue to work closely together with our airport and airline customers on recovery. "We sincerely apologize for the disruption of people's travels today and encourage them to continue to contact their airline," said a spokesperson in a press release. The British aviation regulator said that in 2024 NATS would need to revise its contingency plan for 'outages' after the automatic processing of flight schedules malfunctioned one year prior, causing chaos at Britain's airports. The Civil Aviation Authority announced on Tuesday that it has been in touch with NATS regarding the incident, and is expecting the latter to provide a complete report. A CAA spokesperson stated that "we will then determine if?any additional steps are needed to ensure the safety and reliability of the UK air traffic control system."
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Kansas Republicans support Bombardier after Trump's threat
Trump's threat to ban Bombardier aircraft from the United States began to backfire Tuesday, after Republicans in Kansas, which employs 1,500?Bombardier? employees, pledged to protect these jobs before a crucial November election. Some Republican legislators reached out to the White House over their fears that Bombardier would lose access to a large market, which accounts for half of its sales. Meanwhile, Democratic opponents in the predominantly red state jumped into the debate. Roger Marshall, Republican U.S. Senator for Kansas, who is running for election, has said that he will fight to keep Bombardier's jobs in Kansas. He said, "I have already brought this concern to the Oval Office." Bombardier employs 3,500 people in the U.S.; more than 40% are located in Wichita. Jerry Moran, a Republican senator from Kansas who will not be re-elected this year, told reporters on Monday he had contacted the Trump administration to "ensure that the president was aware of Bombardier's significant contribution to Kansas." The threat to Bombardier could escalate an already escalating U.S.-Canada trade war that is a growing election issue in the run up to the November midterm elections. Adam Hamilton, a Democrat who is running to replace Marshall in the Senate race, said on X Monday that Bombardier provides good-paying employment for 1,500 Kansas families. "Now, the president tries to take this away." The highly integrated aerospace industry has been largely spared from Trump's wider tariff war, which has imposed?duties in other industries such as autos. Three aviation lawyers who were interviewed by said that it wasn't immediately clear as to how Trump could prevent Bombardier private planes from being delivered in the United States, since they had been approved by U.S. Federal Aviation Administration. The White House is yet to comment. Trump's threats to decertify Bombardier planes in February over a certification spat with U.S. rival Gulfstream Aerospace did not materialize. Transport Canada approved the American-made aircraft. The IAM, North America's largest aerospace union, has said that it opposes Trump banning the jets. David Hernandez, an associate at Vedder-Price in Washington, said that the situation is causing a great deal of anxiety on both sides. This makes no sense. Hernandez told a client who was planning to fly Bombardier at the end October, that he asked him Tuesday if the threat posed a problem. Although the administration hasn't yet banned any planes from flying, lawyers should still take this threat seriously. Ehsan M. Monfared is an attorney at YYZlaw in Toronto. He said that there was no sign of any resistance from Americans who wanted to buy used Bombardier business aircraft from his Canadian customers. Monfared stated that the sentiment among the business aviation community is that Trump would alienate supporters and wealthy donors by banning deliveries of Bombardier aircraft. He said that a policy like this would affect too many orders from supporters of the government. "And its legal basis is in any case questionable." Bombardier shares fell 3.6% at midday after opening the day down 6.4%. Trump's threat was made in a Monday post as the trade dispute between Washington and Ottawa intensified, with Canada introducing counter-tariffs on U.S. goods worth $20 billion. On Monday night, Congressman Ron Estes of the Republican Party, who represents Kansas' 4th District, stated on the social networking site X, that he opposed tariffs on aerospace and defended Canadian planemaker Bombardier's contribution to Kansas. Bombardier is trusted by the U.S. military to perform critical missions in national security.
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French energy unions are threatening strikes in the next week due to a proposal to reduce benefits and pay
Three union members told us that French energy sector 'unions' are planning to strike on Tuesday, August 8, over a recomendation made by the French Court of Auditors in July to curb wage growth and employee perks such as cheaper power and gas. The Belgian Gas Terminal Operator Fluxys, the French Gas Terminal Operator Elengy and state-owned EDF have all filed strike notices. The unions of French energy workers and retirees pay reduced rates for electricity and gas. This is a key part of their compensation package. This court determined that EDF would lose over EUR700 millions in revenue by 2024. EDF spokesperson said that this type of preferential access is common in major companies. Employees value the energy-related benefits while encouraging responsible consumption. The spokesperson stated that it was "perfectly appropriate" for the company, whose success in the industry relies on the commitment of its employees. Gas deliveries could be disrupted if a strike occurs in Europe, as the continent works to fill up its storage before winter. Power cuts may also occur if wholesale electricity prices remain high. France is Europe's biggest LNG importer. These cargoes are transported throughout the continent. Around 70% of the country's electricity is generated by nuclear power. A union source said that further strikes could be possible following Tuesday's 24 hour action. An official from the government said that 'discussions are being held and some changes are being considered, such as moving away from a flat-rate for cheaper energy, to an allowance based upon consumption.' But the government must follow the Court of Auditors guidance. The court recommended that EDF limit annual wage increases and phase out energy benefits. EDF faces significant investment costs in upgrading its nuclear fleet, and planning new reactors. A CGT member in the gas industry said that a large turnout is expected due to opposition of the auditors' reports. Fluxys stated that it was too soon to determine the impact on operations, but terminals located outside France were not affected. Elengy confirmed all the unions in the energy sector had called for strike action, but was unable to indicate any potential impact.
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EasyJet is facing a $72 million lawsuit for stranded Airbus aircraft, reports FT
The Financial Times reported that a unit of the Russian state-owned aircraft?lessor GTLK is suing 'easyJet' for $72 million over claims it illegally abandoned six Airbus airplanes after ending their leases due to sanctions. STLC - Europe Eight, a division of GTLK Europe filed the lawsuit in London's High Court. It alleges that easyJet leased 'Airbus jets at Madrid and Cyprus without maintenance in 2022 while airport storage charges continued to accumulate. According to the claim the carrier leased 'aircraft from STLC, and informed the lessor 'April 2022 it was terminating leases due to EU sanctions that prevented them from maintaining or repairing jets. The report said that STLC maintains the sanctions do not apply since the aircraft was outside of Russia and the leasing company is based in Ireland. The poor condition of three jets that were parked at Cyprus' Larnaca International Airport led to a sale for $32,5 million less than anticipated. According to the report, three more aircraft are still parked in Madrid. EasyJet's spokesperson said that the airline will defend the claim fully and refused to comment further. GTLK has not responded to the request for comment.
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MISO launches fifth Fast-Track Study Cycle for 7.3 GW Power Projects
Midcontinent Independent System Operator said that on Tuesday it had started a fifth round of expedited study covering about 7.3 gigawatts worth of 'new power generation and storage projects,' as the electricity demand in its U.S. territory increases. The portfolio proposed by MISO includes solar and wind farms as well as battery storage facilities in the North, Central and South MISO regions. These projects will be in service by 2029. They include gas plants in Louisiana, Indiana and Kentucky, as well as battery storage developments. The U.S. electricity demand is increasing as power-hungry data centers, new manufacturing facilities and wider electrification are driving consumption higher. According to the Energy Information Administration, after reaching a second consecutive record for U.S. electricity use in 2025, it is expected that consumption will increase in 2026-2027. MISO reported that the ERAS program was launched to expedite studies of projects deemed important to grid reliability. The program has already studied 58 projects, with a total capacity of nearly 29 GW, or is'set to study' them. Five more projects, totaling 3 GW, are nearing completion. The program has a?cap of 68 projects, and will end in 2027.
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Wizz Air and Ryanair demand NATS overhaul following UK flight disruption
Budget airlines Wizz Air and Ryanair called on Tuesday for a restructure of Britain's air-traffic control provider NATS after a new technical issue disrupted hundreds of flights at major airports across the country. "A national infrastructure provider that is critical to the aviation industry should not bring it to a standstill repeatedly." NATS in its current form is not suitable for the purpose it was intended for," said a Wizz Air spokesperson in a statement. Rival airline Ryanair has also criticised this agency and demanded the resignation of its CEO Martin Rolfe. We were told that lessons would be learned from the collapse of 2023. "Resilience will improve" was the message. We were told that the systems had been repaired. "Yet here we are once again," Ryanair Chief Operating Officer Neal McMahon stated. NATS didn't immediately respond to an inquiry for comment. The British aviation regulator stated that in 2024 NATS would need to review its contingency plan for outages, after automatic processing of flight schedules had failed a year before, causing chaos at Britain's airports. The UK's civil aviation body said on Tuesday that it had been in contact with NATS regarding the?incident. It expects NATS to provide a complete report about the incident. Civil Aviation Authority spokesperson: "We will consider if any additional?steps are needed?to ensure the?safereliability of the UK's Air Traffic Control System."
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Treasury website shows that the US has issued new sanctions against Iran.
The United States issued 36 new'sanctions' on Tuesday, targeting Iran’s aviation sector and other companies. This is part of an effort to increase economic pressure on Tehran at a time when the Middle East war has entered its seventh month. The U.S. Treasury Department stated that the action was taken to 'ground Iran's Mahan Air, and other Iranian airlines, as well as covert?front companies, foreign intermédiaires, and deceptive?trans-shipment routes?, which Iran relies upon?to acquire U.S. origin aircraft and sensitive technology? The Treasury issued an alert to financial institutions asking them to report networks of procurement supporting Iran's aerospace industry. It also targeted companies based in Turkey, the United Arab Emirates and other countries that they claimed helped Tehran purchase U.S. aircraft and sensitive technology. "This is a warning to anyone doing business with Iran's airlines that we have sanctioned today: you are at risk of being cut off from global financial system," said?U.S. Treasury Secretary Scott Bessent made a statement.
Special delivery: Italy’s postman joins AI infrastructure race
Italy's national postman has been chosen as the unlikely champion for developing its technology infrastructure and protecting digital sovereignty. Poste Italiane, a?postal services that pays pensions via 12,600 post office locations in remote towns, as common as local churches, bets on its EUR13.5billion ($15.4billion)?bid to Telecom Italia for it to accelerate the shift towards digital, telecom, and cloud services.
Poste, which is two-thirds state owned, began its digital transformation at the beginning of the 2000s when it ventured into electronic payments. In the last decade, it has registered 30 million users (around 70%) to Italy's digital identity system for online access to public services.
Poste, Italy's largest retail network, serves 46 million customers in banking, insurance and telecommunications. It also offers public services, such as passport applications, through its branches to those who are less tech-savvy. The deal with TIM is part of a larger sovereign cloud push across Europe. Domestic telecom and tech companies in Germany and France are building cloud and AI-based infrastructure to support strategic sectors like defence and healthcare, as well as parts of public administration.
BUILDING UP THE TECH CAPACITY
Poste argues that the tie-up?creates a larger, state-backed group capable of building distributed computing infrastructure throughout the country', a person familiar with the plans for TIM stated.
Poste said that even without the financial firepower or the size of U.S. technology giants like Amazon, Google, or Microsoft, the new entity could be a supplier to these companies.
Telecom operators provide infrastructure services to large tech companies, including fibre networks and data centres. They also offer local network access points near end users.
TIM, with 125 megawatts of installed data center capacity, is one of the top three operators in the country. Italy's installed capacity is only 15% that of Germany. Poste-TIM, along with TIM's data centres, could increase computing capacity in widely distributed telecom hubs. They could also convert former postal sorting centers into local edge-computing clusters. This would bring processing power?closer the users, Poste argued. The person said that TIM's mobile networks sites may also be used in the future. Poste and TIM declined to comment. Antonio Capone is the dean of Milan's Politecnico University School of Industrial and Information Engineering.
Capone said that telecom operators have assets located across the country and are therefore well-positioned to develop these facilities.
Poste has a right to be focused on this emerging trend. He said that managing a distributed network was more difficult from an operational perspective -- consider maintenance, cooling and power management. But it's a challenge worth embracing.
Italy's energy costs are much higher than those of France or Spain, and Europe is lagging behind in terms of AI investments and infrastructure.
The Tough Journey of Tim
A failed privatisation 30 years ago left TIM in debt. Since then, it has faced fierce price competition which has slashed profits and limited its ability to spend on upgrading infrastructure. TIM's debt-to-core profit ratio has been halved and its revenue per employee almost doubled with the sale of its fixed network in 2024 to U.S. Fund KKR. However, TIM will struggle to maintain its 5G and cloud investment plans despite doubling their revenue.
Italy has made some progress in 5G technology. However, AI-powered services need advanced 5G networks. In the U.S., these accounts for a fifth (or more) of all mobile connections. Spain is the only European nation where this figure is higher than 5%.
"Building a network for 5G is 'extremely expensive and you need to scale it up in order to make it viable. You cannot sustain four mobile operators in a country like Italy," a TIM investor stated, adding that the investment case was based on the expected consolidation of industry. TIM is in competition with Vodafone-Fastweb and WindTre. WindTre owned by Hong Kong conglomerate CK Hutchison and France's Iliad began exploring a 'tie-up. Poste owns already 20% of TIM. If the number of phone operators is reduced to three, a full takeover would allow Italy to reap higher profits at the former monopoly. The investor declined to comment on whether or not they would accept the offer and requested anonymity. However, he noted that the rise in Poste shares since the announcement indicated the market believed the benefits of the deal could exceed the EUR700 million target.
The investor said that as a state-backed entity, the new entity would be able to handle sensitive communications including those in defence. He also pointed out?Poste’s "low leverage business with strong cash-generation from payments, financial services, and insurance."
Poste said that the tie-up will support TIM in its efforts to expand outside of its traditional consumer business, which is shrinking since more than a decade. This includes cloud and cybersecurity services, as well as higher margin corporate clients. From a commercial perspective, the combination makes sense: a wider range of services can be offered to a larger customer base. Claudio Baretti, partner at AlixPartners consultancy, said that this increases switching costs while also helping to retain customers. ($1 = 0.8763 euros)
(source: Reuters)