your ads here!
Month: January 2022

За перші 18 днів року портфель гривневих ОВДП скоротився на 6,2 мільярда гривень – НБУ

No Comments

За словами заступника голови Нацбанку, скорочення вкладень нерезидентів у ОВДП «значною мірою сприяли посиленню цієї напруги на ринку»

your ads here!

Нацбанк бачить «перші ознаки стабілізації курсу гривні», але ключовою умовою вважає деескалацію

No Comments

«Вчора Національний банк продавав валюту в дуже невеликих обсягах, сьогодні ми не робили інтервенцій взагалі», розповів голова департаменту

your ads here!

Biden: Federal Reserve Should ‘Recalibrate’ Policy as Prices Rise 

No Comments

U.S. President Joe Biden on Wednesday said it was appropriate for the Federal Reserve to recalibrate the support it provides to the U.S. economy, in light of fast-rising prices and the strength of recovery. 

“Given the strength of our economy and recent price increases, it’s appropriate, as … Fed Chairman [Jerome] Powell has indicated, to recalibrate the support that is now necessary,” Biden told a news conference. 

“The critical job of making sure that the elevated prices don’t become entrenched rests with the Federal Reserve, which has a dual mandate: full employment and stable prices,” the president said. 

At the same time, he said, the White House and Congress could help contain inflation by moving to fix supply chain failures, encourage competition, and pass his Build Back Better spending bill that he says would cut child care and other costs for families. 

Fed policymakers have signaled they will raise interest rates several times this year, likely starting in March, to try to rein in inflation that’s rising at its fastest pace in nearly 40 years. A reduction in the Fed’s $8 trillion balance sheet could soon follow. 

At his renomination hearing earlier this month, Powell told lawmakers that he would not allow inflation to become entrenched and said a tighter policy stance was necessary to keep the economy growing. 

Biden also called on the U.S. Senate to confirm his recent nominations for key roles on the Federal Reserve Board “without any further delay.” 

Biden earlier this month nominated former Fed Governor Sarah Bloom Raskin for the Fed’s top regulatory post and two Black economists, Lisa Cook and Philip Jefferson, to round out the Fed’s seven-member board. 

Late last year Biden renominated Powell to lead the Fed for another four years and nominated Fed Governor Lael Brainard to serve as Fed vice chair. The picks would remake the Fed Board to be the most diverse in the central bank’s 108-year history.

your ads here!

Biden: ‘Not There Yet’ on Easing of Tariffs on Chinese Goods 

No Comments

President Joe Biden on Wednesday said that it was too soon to make commitments on lifting U.S. tariffs on Chinese goods, but that his chief trade negotiator, Katherine Tai, was working on the issue. 

“I’d like to be able to be in a position where I could say they’re meeting their commitments, or more of their commitments, and be able to lift some of them, but we’re not there yet,” Biden told a news conference at the White House. 

He was referring to China’s commitments under a Phase 1 trade deal signed by his predecessor, Donald Trump. 

China has fallen far short of its pledge under the two-year Phase 1 trade agreement to buy $200 billion in additional U.S. goods and services during 2020 and 2021, and it remains unclear how the shortfall will be addressed. 

Chinese purchases reached about 60% of the target through November 2021, according to data compiled by the Peterson Institute for International Economics. The U.S. Census Bureau is expected to release December data next week. 

Biden said he was aware that some business groups were clamoring for him to start unwinding U.S. tariffs of up to 25% imposed by Trump on hundreds of billions of dollars of Chinese imports, and that was why Tai was working on the issue. 

But he said it was too soon to move forward given China’s failure to boost its purchases. 

China last week said it hopes the United States can create conditions to expand trade cooperation.

your ads here!

Mali Textile Artisans Bemoan Loss of AGOA Trade With US

No Comments

As of January 1, a U.S. trade program that allows African countries to export many items duty-free to the American market delisted Mali because of what the U.S. cited as “unconstitutional” developments in the country. But artisans in Mali’s capital say they’re the ones paying for the bad actions of the country’s leaders. Moctar Barry reports for VOA from Bamako.

your ads here!

Парламент Казахстану схвалив скасування довічного головування Нурсултана Назарбаєва в Раді безпеки

No Comments

Нурсултан Назарбаєв у 2019 році пішов із посади президента, проте зберіг за собою посаду голови Ради безпеки. У розпал протестів у Казахстані нинішній президент Токаєв оголосив, що особисто очолив Раду безпеки

your ads here!
Categories: Новини, Світ

Пашинян виграв у ЄСПЛ справу проти Вірменії: суд визнав порушенням прав увʼязнення за участь у протестах

No Comments

У своїй апеляції до ЄСПЛ у 2010–2011 роках Пашинян наполягав, що кримінальне переслідування у звʼязку з подіями 2008 року було зумовлене його політичними виступами та опозиційною діяльністю

your ads here!
Categories: Новини, Світ

Суд у Росії визнав законною відмову в розслідуванні вбивства сирійця російськими найманцями

No Comments

Восени 2019 року видання «Новая газета» опублікувало відеозапис жорстокого вбивства сирійця кількома людьми у військовій формі, які розмовляють російською мовою

your ads here!
Categories: Новини, Світ

Felony Charges Are a First in Fatal Crash Involving Autopilot

No Comments

California prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car and killed two people in 2019.

The defendant appears to be the first person to be charged with a felony in the United States for a fatal crash involving a motorist who was using a partially automated driving system. Los Angeles County prosecutors filed the charges in October, but they came to light only last week. 

The driver, Kevin George Aziz Riad, 27, has pleaded not guilty. Riad, a limousine service driver, is free on bail while the case is pending. 

The misuse of Autopilot, which can control steering, speed and braking, has occurred on numerous occasions and is the subject of investigations by two federal agencies. The filing of charges in the California crash could serve notice to drivers who use systems like Autopilot that they cannot rely on them to control vehicles.

The criminal charges aren’t the first involving an automated driving system, but they are the first to involve a widely used driver technology. Authorities in Arizona filed a charge of negligent homicide in 2020 against a driver Uber had hired to take part in the testing of a fully autonomous vehicle on public roads. The Uber vehicle, an SUV with the human backup driver on board, struck and killed a pedestrian. 

By contrast, Autopilot and other driver-assist systems are widely used on roads across the world. An estimated 765,000 Tesla vehicles are equipped with it in the United States alone.

In the Tesla crash, police said a Model S was moving at a high speed when it left a freeway and ran a red light in the Los Angeles suburb of Gardena and struck a Honda Civic at an intersection on December 29, 2019. Two people who were in the Civic, Gilberto Alcazar Lopez and Maria Guadalupe Nieves-Lopez, died at the scene. Riad and a woman in the Tesla were hospitalized with non-life-threatening injuries.

Criminal charging documents do not mention Autopilot. But the National Highway Traffic Safety Administration, which sent investigators to the crash, confirmed last week that Autopilot was in use in the Tesla at the time of the crash.

Riad’s defense attorney did not respond to requests for comment last week, and the Los Angeles County District Attorney’s Office declined to discuss the case. Riad’s preliminary hearing is scheduled for February 23. 

‘Automation complacency’

The National Highway Traffic Safety Administration and the National Transportation Safety Board have been reviewing the widespread misuse of Autopilot by drivers, whose overconfidence and inattention have been blamed for multiple crashes, including fatal ones. In one crash report, the NTSB referred to its misuse as “automation complacency.”

The agency said that in a 2018 crash in Culver City, California, in which a Tesla hit a firetruck, the design of the Autopilot system had “permitted the driver to disengage from the driving task.” No one was hurt in that crash. 

Last May, a California man was arrested after officers noticed his Tesla moving down a freeway with the man in the back seat and no one behind the steering wheel.

Teslas that have had Autopilot in use also have hit a highway barrier or tractor-trailers that were crossing roads. NHTSA has sent investigation teams to 26 crashes involving Autopilot since 2016, involving at least 11 deaths.

Messages have been left seeking comment from Tesla, which has disbanded its media relations department. Since the Autopilot crashes began, Tesla has updated the software to try to make it harder for drivers to abuse it. The company also tried to improve Autopilot’s ability to detect emergency vehicles.

Tesla has said that Autopilot and a more sophisticated Full Self-Driving system cannot drive themselves and that drivers must pay attention and be ready to react at any time. Full Self-Driving is being tested by hundreds of Tesla owners on public roads in the U.S. 

Bryant Walker Smith, a law professor at the University of South Carolina who studies automated vehicles, said this is the first U.S. case to his knowledge in which serious criminal charges were filed in a fatal crash involving a partially automated driver-assist system. Tesla, he said, could be “criminally, civilly or morally culpable” if it is found to have put a dangerous technology on the road. 

Donald Slavik, a Colorado lawyer who has served as a consultant in automotive technology lawsuits, including many against Tesla, said he, too, is unaware of any previous felony charges being filed against a U.S. driver who was using partially automated driver technology involved in a fatal crash. 

Lawsuits against Tesla, Riad

The families of Lopez and Nieves-Lopez have sued Tesla and Riad in separate lawsuits. They have alleged negligence by Riad and have accused Tesla of selling defective vehicles that can accelerate suddenly and that lack an effective automatic emergency braking system. A joint trial is scheduled for mid-2023. 

Lopez’s family, in court documents, alleges that the car “suddenly and unintentionally accelerated to an excessive, unsafe and uncontrollable speed.” Nieves-Lopez’s family further asserts that Riad was an unsafe driver, with multiple moving infractions on his record, and couldn’t handle the high-performance Tesla. 

Separately, NHTSA is investigating a dozen crashes in which a Tesla on Autopilot ran into several parked emergency vehicles. In the crashes under investigation, at least 17 people were injured, and one person was killed.

Asked about the manslaughter charges against Riad, the agency issued a statement saying there is no vehicle on sale that can drive itself. And whether or not a car is using a partially automated system, the agency said, “every vehicle requires the human driver to be in control at all times.” 

NHTSA added that all state laws hold human drivers responsible for the operation of their vehicles. Though automated systems can help drivers avoid crashes, the agency said, the technology must be used responsibly.

Rafaela Vasquez, the driver in the Uber autonomous test vehicle, was charged in 2020 with negligent homicide after the SUV fatally struck a pedestrian in suburban Phoenix in 2018. Vasquez has pleaded not guilty. Arizona prosecutors declined to file criminal charges against Uber. 

 

your ads here!

US Airlines, Telecom Carriers Feuding Over Rollout of 5G Technology

No Comments

Major U.S. air carriers are warning that the country’s “commerce will grind to a halt” if Verizon and AT&T go ahead with plans to deploy their new 5G mobile internet technology on Wednesday.

The airlines say the new technology will interfere with safe flight operations. 

The dispute between two major segments of the U.S. economy has been waged for months in Washington regulatory agencies, with the airline industry contending that the mobile carriers’ technology upgrade could disrupt global passenger service and cargo shipping, while the mobile carriers claim the airlines failed to upgrade equipment on their aircraft to prevent flight problems.

The new high-speed 5G mobile service uses a segment of the radio spectrum that is close to that used by altimeters — devices in cockpits that measure the height of aircraft above the ground. 

AT&T and Verizon argue that their equipment will not interfere with aircraft electronics and that the technology is being safely used in many other countries. 

In a letter Monday to Transportation Secretary Pete Buttigieg, chief executives at Delta Air Lines, American Airlines, United Airlines and seven other passenger and cargo carriers protested the mobile carriers’ plan to roll out their upgraded service on Wednesday. 

While the Federal Aviation Administration previously said it would not object to deployment of the 5G technology because the mobile carriers said they would address safety concerns, the airline executives said aircraft manufacturers have subsequently warned them that the Verizon and AT&T measures were not sufficient to allay safety concerns.

The mobile companies said they would reduce power at 5G transmitters near airports, but the airlines have asked that the 5G technology not be activated within 3.2 kilometers of 50 major airports. 

The airline executives contended that if the 5G technology is used, “Multiple modern safety systems on aircraft will be deemed unusable. Airplane manufacturers have informed us that there are huge swaths of the operating fleet that may need to be indefinitely grounded.” 

The airline industry executives argued that “immediate intervention is needed to avoid significant operational disruption to air passengers, shippers, supply chain and delivery of needed medical supplies.” 

After the airlines’ latest protests, AT&T said Tuesday it would postpone its new wireless service near some airports but did not say at how many or where. Verizon had no immediate comment. 

In a statement Monday, the FAA said it “will continue to keep the traveling public safe as wireless companies deploy 5G” and “continues to work with the aviation industry and wireless companies to try and limit 5G-related flight delays and cancellations.” 

The White House said Tuesday that the Biden administration is continuing discussions with the airline and telecommunications companies about the dispute.

Some material in this report came from The Associated Press. 

 

your ads here!