Kuwait appoints new finance and trade ministers in cabinet reshuffle

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Updated 25 August 2024
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Kuwait appoints new finance and trade ministers in cabinet reshuffle

RIYADH: Kuwait has named Noura Soliman and Khalifa Abdullah as its new finance and trade ministers respectively as part of a cabinet reshuffle, Kuwait News Agency said on Sunday.


Teamsters union declines to endorse Trump or Harris for president

Updated 2 min 19 sec ago
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Teamsters union declines to endorse Trump or Harris for president

  • Teamsters President Sean M. O’Brien said neither candidate had sufficient support from the 1.3 million-member union
  • Other large unions such as the AFL-CIO, the American Federation of Teachers and the United Auto Workers have earlier endorsed Harris

WASHINGTON: The International Brotherhood of Teamsters declined Wednesday to endorse Kamala Harris or Donald Trump for president, saying neither candidate had sufficient support from the 1.3 million-member union.
“Unfortunately, neither major candidate was able to make serious commitments to our union to ensure the interests of working people are always put before Big Business,” Teamsters President Sean M. O’Brien said in a statement. “We sought commitments from both Trump and Harris not to interfere in critical union campaigns or core Teamsters industries — and to honor our members’ right to strike — but were unable to secure those pledges.”
The Teamsters’ rebuff reflected a labor union torn over issues of political identity and policy, one that mirrors a broader national divide. Vice President Harris has unmistakably backed organized labor, while former President Trump has appealed to many white blue-collar workers even as he has openly scorned unions at times. By not endorsing anyone, the Teamsters are essentially ceding some influence in November’s election as both candidates claimed to have support from its members.
Harris campaign spokesperson Lauren Hitt noted in an emailed statement that more than three dozen retired Teamsters spoke last month in Chicago at the Democratic National Convention, having endorsed Harris. Their pensions were saved through the 2021 passage of the Butch Lewis Act that President Joe Biden and Harris championed.
“While Donald Trump says striking workers should be fired, Vice President Harris has literally walked the picket line and stood strong with organized labor for her entire career,” Hitt said. “The Vice President’s strong union record is why Teamsters locals across the country have already endorsed her — alongside the overwhelming majority of organized labor.”
The Teamsters said Wednesday that internal polling of members showed Trump with an advantage over Harris, a fact that the Republican’s campaign immediately seized upon by sending out an email that said the “rank-and-file of the Teamsters Union supports Donald Trump for President.”
Trump called the Teamsters’ decision not to endorse “a great honor.”
“It’s a great honor,” he said. “They’re not going to endorse the Democrats. That’s a big thing.”
Harris met Monday with a panel of Teamsters, having long courted organized labor and made support for the middle class her central policy goal. Trump also met with a panel of Teamsters in January and even invited O’Brien to speak at the Republican National Convention, where the union leader railed against corporate greed.
In an interview Wednesday on Fox News, O’Brien said lack of an endorsement tells candidates that they have to back the Teamsters in the future. “This should be an eye opener for 2028,” he said. “If people want the support of the most powerful union in North America, whether you’re a Democrat or Republican, start doing some things to support our members,” he said.
The Teamsters’ choice to not endorse came just weeks ahead of the Nov. 5 election, far later than endorsements by other large unions such as the AFL-CIO, the American Federation of Teachers and the United Auto Workers that have chosen to devote resources to getting out the vote for Harris.
With O’Brien facing a backlash from some Teamsters’ members after speaking at the Republican National Convention, it’s no surprise that the union decided not to make an endorsement, said Art Wheaton, director of labor studies at Cornell University.
Trump’s praise of Tesla CEO Elon Musk for firing workers who supposedly went on strike really made a Trump endorsement very unlikely, Wheaton said. “The members were not in total agreement,” he said.
Marick Masters, a business professor emeritus at Wayne State University in Detroit who follows labor issues, said the Teamsters lack of an endorsement suggests a realignment within the union’s membership.
For many workers, issues such as gun control, abortion and border security override Trump’s expressions of hostility to unions, Masters said.
The Teamsters detailed their objections to the candidates in a statement, starting with their objection to a contract implemented by Congress in 2022 on members working in the railroad sector.
The union wanted both candidates to commit to not deploying the Railway Labor Act to resolve contract disputes and avoid a shutdown of national infrastructure, but Harris and Trump both wanted to keep that option open even though the Teamsters said it would reduce its bargaining power.
Harris has pledged to sign the PRO Act, which would strengthen union protections and is something the Teamsters support. Trump, in his roundtable with the Teamsters, did not promise to veto a proposal to make it harder nationwide to unionize.
Other unions have shown trepidation about endorsing either presidential candidate. The United Electrical, Radio & Machine Workers of America on Friday ultimately endorsed Harris with a caveat that “the manner in which party leaders engineered Biden’s replacement at the top of the ticket with Vice President Kamala Harris was thoroughly undemocratic,” union leadership said in a statement.
But the Teamsters lack of endorsement also suggests an indifference to the Biden-Harris administration, which signed into law a measure that saved the pensions of millions of union retirees, including many in the Teamsters.
As part of its 2021 pandemic aid, the administration included the Butch Lewis Act to save the underfunded pensions of more than 1 million union workers and retirees’ underfunded pensions. The act was named after a retired Ohio trucker and Teamsters union leader who spent the last years of his life fighting to prevent massive cuts to the Teamsters’ Central States Pension Fund.


Hidden talent: French Olympic star Marchand opts for disguise

Updated 49 min 21 sec ago
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Hidden talent: French Olympic star Marchand opts for disguise

  • Marchand: I need to organize myself a little more. I can’t do my shopping alone. I wear a cap and glasses. I try to hide a little
  • Marchand said that the Paris Olympics, which were widely praised for their smooth organization, had sparked a wave of optimism in the country

TOULOUSE: French Olympic swimming hero Leon Marchand said Wednesday his record-breaking exploits in the Paris pool have changed his life so much that he often needs to don a disguise to evade attention.

The 22-year-old won all four of his individual races at the Games — the 200m butterfly, 200m breaststroke and 200m-400m medley double.

It thrust him into elite company as the first male swimmer to do so at a singles Games since American legend Michael Phelps in 2008.

However, fame has its occasional downside.

“I’m going to lose a little freedom and spontaneity because I can’t go out to restaurants like I used to anymore,” Marchand said as Toulouse feted its new Olympic star.

“I need to organize myself a little more. I can’t do my shopping alone. I wear a cap and glasses. I try to hide a little.

“But when people do stop me in the street, it’s to say ‘thank you’. That’s kind and I take it to my heart.”

He added: “I have got used to it quite quickly even if the first weeks were difficult, because it’s a fairly radical change in status.”

Marchand said that the Paris Olympics, which were widely praised for their smooth organization, had sparked a wave of optimism in the country.

“France has changed and I hope it will last,” said Marchand.

“Sport is something quite special. It conveys an emotion that you can’t have anywhere else and the French realized this. We must continue to celebrate athletes, try to put more resources into infrastructure, more sport in schools.”


Man City and Inter Milan draw 0-0 in goal-shy Champions League. PSG score late to beat Girona

Updated 56 min 58 sec ago
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Man City and Inter Milan draw 0-0 in goal-shy Champions League. PSG score late to beat Girona

  • Just 13 were scored in six games one day after 28 were fired on Tuesday, including nine by Bayern Munich alone
  • A rare Thursday slate of Champions League games will see Barcelona go to Monaco, Atalanta host Arsenal and Bayer Leverkusen visit Feyenoord

GENEVA: Where did all the goals go?

The 0-0 draws between Manchester City and Inter Milan in their rematch of the 2023 final, after Bologna and Shakhtar Donetsk also could not find a goal, capped an untypically goal-shy evening for the Champions League on Wednesday.

Just 13 were scored in six games one day after 28 were fired on Tuesday, including nine by Bayern Munich alone.

How unusual was this? Two 0-0 draws after just 12 of 144 games to be played in the new league phase is already halfway to the total of four in 96 games one year ago in the group-stage format that is now abolished. The entire competition averaged three goals per game last season.

Paris Saint-Germain and Girona also were heading for a blank until a horrible 90th-minute error by the Spanish debutant’s goalkeeper, Paulo Gazzaniga — spilling a cross by Nuno Mendes through his own legs — gifted a 1-0 win.

“We won’t get to where we want to overnight,” Girona coach Míchel said. “It requires hard work.”

Borussia Dortmund needed late goals from substitutes Jamie Gittens, twice, and Serhou Guirassy with a stoppage-time penalty to win 3-0 at Club Brugge.

The new format has welcomed new faces and long-absent friends in European soccer’s marquee competition.

Sparta Prague rose to the challenge of their first game for 19 years at this stage of the Champions League by beating Salzburg 3-0.

Bologna waited 60 years to return and deserved more for their attacking ambition against Champions League veteran Shakhtar. The Ukrainian champion had a penalty saved in the fourth minute by Bologna goalkeeper Lukasz Skorupski.

Slovan Bratislava was overmatched in their first game since 1992-93, the first season of the Champions League rebrand from the old European Cup, and with Georgia defender Guram Kashia making his competition debut at age 37.

They could not keep out Celtic, who won 5-1 in Glasgow. Ireland internationals Liam Scales and Adam Idah, Japan forward Kyogo Furuhashi and Daizen Maeda, and Arne Engels of Belgium scored for the champion of Scotland.

“The quality of the goals was sensational,” Celtic coach Brendan Rodgers said after just a fourth win in 33 Champions League games for the 1967 European Cup winner.

A rare Thursday slate of Champions League games will see Barcelona go to Monaco, Atalanta host Arsenal and Bayer Leverkusen visit Feyenoord.

Six games on each of three straight nights are launching the new format. Now, 36 teams each play eight different opponents through January and are ranked in a single league table to decide which teams advance to the knockout phase.

Man City held in rare home shutout

There was nothing to separate the champions of England and Italy, 15 months after Man City beat Inter 1-0 in Istanbul to lift the European Cup trophy for the first time.

Ilkay Gundogan wasted two late chances for manager Pep Guardiola’s team, failing to convert two headed chances.

It was the first time City had failed to score at home in Europe’s elite tournament since being held 0-0 by Sporting Lisbon in March 2022, and just the second time at home in all competitions since then. The other was a 0-0 draw with Arsenal in the Premier League in March.

But the result saw City extend their six-year unbeaten home run in European games to 32, dating to a 2-1 loss to Lyon.

“I’m pleased with our performance, I liked everything,” Guardiola said.

Dortmund keep clean sheet, again, somehow

Dortmund’s defense had a Champions League-best six clean sheets last season on its way to the final, where Real Madrid found two late goals to take the title.

Somehow, goalkeeper Gregor Kobel kept out Brugge despite 18 goal attempts including a close-range shot by Hugo Vetlesen that rattled the cross bar in the 12th minute. Vetlesen’s effort ended a manic series of four shots in a matter of seconds from a corner including a diving save by Kobel.

The Switzerland ‘keeper’s five saves meant Dortmund did not pay for its own wastefulness in front of goal until taking the lead in the 76th from a Gittens shot that deflected off two defenders before looping past Simon Mignolet into the Brugge net.

Salzburg’s heavy load

Few clubs will play more international games this season than Salzburg, under their new coach Pep Lijnders, the former long-time assistant to Jurgen Klopp at Liverpool.

Salzburg had to advance through two Champions League qualifying rounds in August — because their 10-year title run in Austria was ended by Sturm Graz — and will play at least three more games in June at the Club World Cup in the United States.

Salzburg qualified among 12 European teams going to the relaunched FIFA club event because of its consistent results in the past four Champions League seasons, but was upstaged in Prague.

“A few of our players were playing their first game for the club,” Lijnders said. “It’s a new team we need to build it.”

Sparta came through three qualifying rounds, and six games already, to reach this stage and made a sharp start Wednesday scoring within two minutes to set the tone for an easy win.


Boeing furloughs thousands as it hunkers down for extended strike

Updated 19 September 2024
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Boeing furloughs thousands as it hunkers down for extended strike

  • The extensive furloughs show the company is preparing to weather a prolonged strike that is not likely to be easily resolved
  • A protracted labor battle could cost Boeing several billion dollars, further straining finances and threatening its credit rating
  • The strike has halted production of Boeing’s best-selling 737 MAX jets, along with its 777 and 767 widebody aircraft, delaying deliveries to airlines

Boeing said on Wednesday it will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike on Friday, halting production of its 737 MAX and other airplanes.
“We are initiating temporary furloughs over the coming days that will impact a large number of US-based executives, managers and employees,” CEO Kelly Ortberg said in an email to employees. “We are planning for selected employees to take one week of furlough every four weeks on a rolling basis for the duration of the strike.”
Ortberg also said he and other Boeing leaders “will take a commensurate pay reduction for the duration of the strike.”
The extensive furloughs show Ortberg is preparing the company to weather a prolonged strike that is not likely to be easily resolved given the anger among rank-and-file workers.
The strike, Boeing’s first since 2008, adds to a tumultuous year for the planemaker which began when a door panel blew off a new 737 MAX jet in mid-air in January.
A protracted labor battle could cost Boeing several billion dollars, further straining finances and threatening its credit rating, analysts said.
“It’s unlikely that the cuts will fully offset the costs of a prolonged strike,” said Ben Tsocanos, aerospace director at S&P Global Ratings.
Boeing and the International Association of Machinists and Aerospace Workers (IAM) are talking in the presence of federal mediators. The union said Tuesday it was frustrated with the first day of mediation, which it said Boeing was not taking seriously.
The union has been pushing for a 40 percent raise over four years in its first full contract negotiations with Boeing in 16 years, well above the planemaker’s offer of 25 percent, which was resoundingly rejected.
Brian Bryant, the IAM’s international president, said actions like furloughs and the cutback in salaries amounted to “smoke and mirrors,” given earlier company spending on bonuses and compensation for top executives.
“This is just part of their plan to make it look like they’re trying to save money,” added Bryant who was in the Seattle area picketing on Wednesday with the “resilient” membership.
“The ball is in Boeing’s court. They could settle this strike tomorrow,” Bryant said, adding it would take fair pay, pension, restoring a bonus and health insurance.
In the email to employees, Ortberg said the company would not take any “actions that inhibit our ability to fully recover in the future. All activities critical to our safety, quality, customer support and key certification programs will be prioritized and continue, including 787 production.”
The company employs about 150,000 people in the United States. It is unclear exactly which employees are affected by the furloughs. A union representing Boeing’s engineers said their members were not affected.
The strike, now six days old, also carries risks for the company’s vast network of suppliers, some of whom are also considering furloughs, several told Reuters.
“Certainly suppliers are worried,” said Nikki Malcom, CEO of the Pacific Northwest Aerospace Alliance. “It’s going to have a significant impact on suppliers if it goes on a long time.”
Production halts
The strike has halted production of Boeing’s best-selling 737 MAX jets, along with its 777 and 767 widebody aircraft, delaying deliveries to airlines.
Boeing said on Monday it was freezing hiring to cut costs as its balance sheet is already burdened with $60 billion of debt.
The company has also stopped placing most orders for parts for all Boeing jet programs except the 787 Dreamliner, in a move that will hurt its suppliers.
One senior supplier dismissed the latest announcement as “panic mode” and said it underscored Boeing’s lack of room to maneuver due to its already-strained balance sheet.
“They would be better to settle; they are getting very near the precipice,” said the supplier, who asked not to be named.
Boeing shares have fallen about 40 percent so far this year.


UN chief urges divided nations to approve blueprint to address global challenges from climate to AI

Updated 19 September 2024
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UN chief urges divided nations to approve blueprint to address global challenges from climate to AI

  • Guterres stressed that in every area — from climate to AI — “there is a serious problem of governance,” and that’s what the Summit of the Future is about

UNITED NATIONS: The United Nations chief urged the world’s divided nations on Wednesday to compromise and approve a blueprint to address global challenges from conflicts and climate change to artificial intelligence and reforming the UN and global financial institutions.
Secretary-General Antonio Guterres told reporters that discussions on the “Pact of the Future” are in their final stretch and failure to reach the required consensus among all 193 UN member nations “would be tragic.”
A year ago, Guterres sounded an alarm about the survival of humanity and the planet and summoned world leaders to a Summit of the Future at their global gathering this year to unite and take action to reform the UN and other institutions established after World War II and address new global threats. It is taking place Sunday and Monday, just before Tuesday’s start of the annual high-level meeting at the UN General Assembly.
Negotiations on the 30-page pact, now in its fourth revision, have been taking place for months, and in recent interviews and at Wednesday’s press conference the secretary-general has faced questions about its lack of vision, and what is different from UN documents adopted in recent years that haven’t been implemented.
“It’s very simple,” the UN chief replied.
All the previous “extraordinary, important declarations” were about what is needed to meet the challenges of the 21st century, he said. The Summit of the Future is about implementing those challenges, which requires reform of global institutions established after World War II including the United Nations.
Guterres stressed that in every area — from climate to AI — “there is a serious problem of governance,” and that’s what the Summit of the Future is about.
The draft Pact of the Future says world leaders are gathering “at a time of profound global transformation,” and it warns of “rising catastrophic and existential risks” that could tip people everywhere “into a future of persistent crisis and breakdown.”
But the draft says leaders are coming to the UN “to protect the needs and interests of present and future generations through actions in the Pact for the Future.”
It includes 51 actions on issues including eradicating poverty, combating climate change, achieving gender equality, promoting peace and protecting civilians, and reinvigorating the multilateral system to “seize the opportunities of today and tomorrow.”
Guterres pointed to “potential breakthroughs” in the pact including “the strongest language on Security Council reform in a generation,” and the most concrete steps to enlarging the powerful 15-member body since 1963.
He also cited the first measures to govern new technologies including Artificial Intelligence, a “major advance” in reforming international financial institutions, and a commitment to multiply resources for developing countries to meet UN development goals by 2030.
Urging member states to get the Pact of the Future “over the finish line,” Guterres said, “We can’t create a future fit for our grandchildren with systems built for our grandparents.”
US Ambassador Linda Thomas-Greenfield told reporters Tuesday that a priority for the Biden administration at this year’s Summit of the Future is “to create a more inclusive and effective international system.”
She said the Group of 77 which now represents 134 developing countries at the UN, the 27-member European Union and the United States all agreed to the fourth revision of the Pact of the Future.
But the US ambassador said Russia objected to about 15 different issues, Saudi Arabia had problems with the climate language, and other countries objected to the language on reforming the international financial institutions including the World Bank and International Monetary Fund..
“I do think the Summit of the Future will make a difference,” Thomas-Greenfield said. “There are still some major differences. … But I am still hopeful that we will get there.”