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World leaders met all week to address global issues. Putin appears to no longer have a seat at the table | CNN

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World leaders met all week to address global issues. Putin appears to no longer have a seat at the table | CNN


Bangkok, Thailand
CNN
 — 

The three main summits of world leaders that happened throughout Asia up to now week have made one factor clear: Vladimir Putin is now sidelined on the world stage.

Putin, whose assault on Ukraine over the previous 9 months has devastated the European nation and roiled the worldwide financial system, declined to attend any of the diplomatic gatherings – and as a substitute discovered himself topic to vital censure as worldwide opposition to his battle appeared to harden.

A gathering of the Asia-Pacific Financial Cooperation (APEC) leaders in Bangkok closed on Saturday with a declaration that references nations’ stances expressed in different boards, together with in a UN decision deploring “within the strongest phrases” Russian aggression in opposition to Ukraine, whereas noting differing views.

It echoes verbatim a declaration from the Group of 20 (G20) leaders summit in Bali earlier this week.

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“Most members strongly condemned the battle in Ukraine and burdened it’s inflicting immense human struggling and exacerbating present fragilities within the international financial system,” the doc stated, including that there have been differing “assessments” on the scenario inside the group.

Discussions inside the summits apart, the week has additionally proven Putin – who it’s believed launched his invasion in a bid to revive Russia’s supposed former glory – as more and more remoted, with the Russian chief hunkered down in Moscow and unwilling even to face counterparts at main international conferences.

A worry of potential political maneuvers in opposition to him ought to he go away the capital, an obsession with private safety and a want to keep away from scenes of confrontation on the summits – particularly as Russia faces heavy losses within the battlefield – had been all doubtless calculations that went into Putin’s evaluation, in line with Alexander Gabuev, a senior fellow on the Carnegie Endowment for Worldwide Peace.

In the meantime, he might not wish to flip undesirable consideration on the handful of countries which have remained pleasant to Russia, for instance India and China, whose leaders Putin noticed in a regional summit in Uzbekistan in September.

“He doesn’t wish to be this poisonous man,” Gabuev stated.

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However even amongst nations who haven’t taken a hardline in opposition to Russia, there are indicators of misplaced endurance, if not with Russia itself, than in opposition to the knock-on results of its aggression. Strained vitality, problems with meals safety and spiraling international inflation are actually squeezing economies the world over.

Indonesia, which hosted the G20, has not explicitly condemned Russia for the invasion, however its President Joko Widodo informed world leaders on Tuesday “we should finish the battle.”

India, which has been a key purchaser of Russia vitality even because the West shunned Russian gas in current months, additionally reiterated its name to “discover a method to return to the trail of ceasefire” on the G20. The summit’s closing declaration features a sentence saying, “Right now’s period should not be of battle” – language that echoes what Modi informed Putin in September, after they met on the sidelines of the summit in Uzbekistan.

It’s much less clear if China, whose strategic partnership with Russia is bolstered by a detailed rapport between chief Xi Jinping and Putin, has come to any shift in stance. Beijing has lengthy refused to sentence the invasion, and even consult with it as such. It’s as a substitute decried Western sanctions and amplified Kremlin speaking factors blaming the US and NATO for the battle, though this rhetoric has gave the impression to be considerably dialed again on its state-controlled home media in current months.

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In sidelines conferences with Western leaders this previous week, nonetheless, Xi reiterated China’s name for a ceasefire by dialogue, and, in line with readouts from his interlocutors, agreed to oppose the usage of nuclear weapons in Ukraine – however these remarks will not be included in China’s account of the talks.

China’s Overseas Minister Wang Yi later informed Chinese language state media that Xi had reiterated China’s place in his bilateral assembly with US President Joe Biden on the sidelines of the G20 that “nuclear weapons can’t be used and a nuclear battle can’t be fought.”

However observers of China’s overseas coverage say its want to keep up robust ties with Russia doubtless stays unshaken.

“Whereas these statements are an oblique criticism of Vladimir Putin, I don’t suppose they’re geared toward distancing China from Russia,” stated Brian Hart, a fellow with the China Energy Mission on the Middle for Strategic and Worldwide Research in Washington. “Xi is saying this stuff to an viewers that desires to listen to them.”

Russian isolation, nonetheless, seems much more stark in opposition to the backdrop of Xi’s diplomatic tour in Bali and Bangkok this week.

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Although the Biden administration has named Beijing – not Moscow – the “most critical long-term problem” to the worldwide order, Xi was handled as a invaluable international companion by Western leaders, lots of whom met with the Chinese language chief for talks geared toward growing communication and cooperation.

Xi had an change with US Vice President Kamala Harris, who’s representing the US on the APEC summit in Bangkok, on the occasion on Saturday. Harris stated in a Tweet after that she famous a “key message” from Biden’s G20 assembly with Xi – the significance of sustaining open strains of communication “to responsibly handle the competitors between our nations.”

In an impassioned name for peace delivered to a gathering of enterprise leaders alongside the APEC summit on Friday, French President Emmanuel Macron appeared to attract a distinction between Russia’s actions and tensions with China.

Whereas referencing US-China competitors and growing confrontation in Asia’s regional waters, Macron stated: “What makes this battle completely different is that it’s an aggression in opposition to worldwide guidelines. All nations … have stability due to worldwide guidelines,” earlier than calling for Russia to come back again “to the desk” and “respect worldwide order.”

US Vice President Kamala Harris meets with US allies at APEC following North Korea's ballistic missile launch on Friday.

The urgency of that sentiment was heightened after a Russian-made missile landed in Poland, killing two folks on Tuesday, through the G20 summit. As a NATO member, a risk to Polish safety might set off a response from the entire bloc.

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The scenario defused after preliminary investigation urged the missile got here from the Ukrainian facet in accident throughout missile protection – however highlighted the potential for a miscalculation to spark a world battle.

A day after that scenario, US Secretary of State Antony Blinken pointed to what he referred to as a “split-screen.”

“What we’re seeing is a really telling split-screen: because the world works to assist essentially the most weak folks, Russia targets them; as leaders worldwide reaffirmed our dedication to the UN Constitution and worldwide guidelines that profit all our folks. President Putin continues to attempt to shred those self same ideas,” Blinken informed reporters Thursday evening in Bangkok.

Coming into the week of worldwide conferences, the US and its allies had been able to venture that message to their worldwide friends. And whereas robust messages have been made, gathering consensus round that view has not been straightforward – and variations stay.

The G20 and APEC declarations each acknowledge divisions between how members voted within the UN to assist its decision “deploring” Russian aggression, and say that whereas most members “strongly condemned” the battle, “there have been different views and completely different assessments of the scenario and sanctions.”

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Even making such an expression with caveats was an arduous course of at each summits, in line with officers. Indonesia’s Jokowi stated G20 leaders had been up till “midnight” discussing the paragraph on Ukraine.

Thai Prime Minister Prayut Chan-o-cha and Chinese leader Xi Jinping meet at APEC on November 18, 2022 in Bangkok, Thailand.

Nations within the groupings have varied geo-strategic and financial relationships with Russia, which impression their stances. However one other concern some Asian nations might have is whether or not measures to censure Russia are a part of an American push to weaken Moscow, in accordance former Thai Overseas Minister Kantathi Suphamongkhon.

“International locations are saying we don’t wish to simply be a pawn on this sport for use to weaken one other energy,” stated Suphamongkhon, an advisory board member of the RAND Company Middle for Asia Pacific Coverage (CAPP). As a substitute framing censure of Russia round its “violation of worldwide legislation and battle crimes which will have been dedicated” would hit on points of the scenario that “everybody rejects right here,” he stated.

Rejection of Russia alongside these strains may ship a message to China, which itself has flouted a world ruling refuting its territorial claims within the South China Sea and has vowed to “reunify” with the self-governing democracy of Taiwan, which it’s by no means managed, by power if essential.

Whereas efforts this week might have upped strain on Putin, the Russian chief has expertise with such dynamics: previous to Putin’s expulsion over his annexation of Ukraine’s Crimea in 2014, the Group of Seven (G7) bloc was the Group of Eight – and it stays to be seen whether or not the worldwide expressions will have an effect.

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However with out Putin within the fold, leaders burdened this week, struggling will go on – and there will probably be a gap within the worldwide system.

This story has been up to date with new info.

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Airbus and Boeing near deal to carve up aerospace supplier Spirit AeroSystems

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Airbus and Boeing near deal to carve up aerospace supplier Spirit AeroSystems

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Airbus is nearing a deal with Spirit AeroSystems to take over parts of the aerospace supplier’s work on some of its key aircraft programmes, paving the way for Boeing to purchase the rest of the group.

Under the agreement, Airbus would take over the work that Spirit does for its A220 and A350 aircraft programmes at several sites around the world, including in Belfast in Northern Ireland, said several people familiar with the discussions.

Talks are “moving in the right direction”, these people said. An announcement could come as early as next week although they cautioned that it could yet slip as discussions continue on what is a complex agreement between the three companies. Boeing is expected to take over the bulk of Spirit’s operations, including its main facility in Kansas.

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Boeing has been in talks with Spirit since March as the US plane maker seeks to improve the supplier’s manufacturing processes after the mid-air blowout of a section of the main body of one of its 737 Max aircraft in January. Spirit supplies Boeing with the fuselages and both companies are undergoing an audit by the US’s aviation safety regulator.

News of the talks comes days after Boeing and Airbus acknowledged they included parts in their jets, purchased from Spirit, that were made with titanium whose certification documentation was counterfeit.

An agreement, however, has been complicated by the fact that the Kansas-based group is also a key supplier to Europe’s Airbus from sites including in Northern Ireland, Scotland and the US.

Spirit’s Belfast facilities build the wings and mid-fuselage sections for the A220 passenger jets. Some other A220 work is done at a site in Casablanca, Morocco. Spirit builds sections for the A350 wide-body jet in Kinston, North Carolina and Saint-Nazaire, France.

Airbus, which previously confirmed it was in talks with Spirit about potentially acquiring some of the activities the supplier carries out for it, has been focused on carving out the work for the A220 and A350 programmes, said the people briefed on the talks.

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The Belfast facilities are lossmaking. Analysts have suggested Airbus could agree to pay a nominal sum to take over the work on the A220 programme subject to due diligence.

Spirit also does work for other aviation customers at its sites. Belfast manufactures the fuselage sections and other critical components for a range of business jets built by Canada’s Bombardier.

Unions in Northern Ireland have raised concerns over a break-up of the Belfast operations, which span six sites and employ more than 3,000 people. They are integral to the region’s thriving aerospace industry and are part of the historic Short Brothers factory.

Unite, the union representing the vast majority of Spirit workers across the UK, said it was seeking urgent assurance that the Belfast and Prestwick operations would be acquired intact with no loss of jobs.

“The livelihoods of workers must not be put at risk as corporate giants carve up the future of this company,” Unite general secretary Sharon Graham said. “It is vital that all workers are quickly given cast iron guarantees over their futures.”

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Spirit reported a net loss of $617mn in the first quarter after Boeing slowed operations at its 737 Max factory in Washington state and stopped accepting flawed fuselages from the Kansas supplier, in an effort to improve the quality of Boeing’s own manufacturing processes. The supplier last reported an annual profit in 2019.

Boeing declined to comment. Spirit said the company remained “focused on providing the best-quality products for our customers”.

Airbus said it was in discussions with Spirit “to protect the sourcing of our programmes and to define a more sustainable way forward, both operationally and financially, for the various Airbus work packages that Spirit AeroSystems is responsible for today”.

Reuters first reported that talks were nearing an agreement.

Additional reporting by Jude Webber in Belfast.

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Gateway Church members return to services this weekend, minus Robert Morris

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Gateway Church members return to services this weekend, minus Robert Morris

NORTH TEXAS — Mid-June 2024 is likely a time members of the Gateway Church won’t soon forget. The megachurch cringed at a different revelation of founding pastor Robert Morris.

Congregants from six locations head back into the sanctuary for healing and answers.

In a message posted on the church’s website, the elders reached out to members.

“This is an unthinkable and painful time in our church. Our church congregation is hurt and shaken, and we know that you have many important questions,” Elders said. “We want to answer as many of your questions as we can at this point, and we ask that you continue to extend us grace as we navigate through the most challenging time in Gateway’s history.”

The Watchburg Watch published Cindy Clemishire’s recollection of sexual abuse by Morris. She said it started on December 25, 1982, and continued until March 1987. The story gained steam in The Christian Post.

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Gateway was not a church at the time. Morris was an evangelist on the road with his wife. According to an initial statement from the nine elders at Gateway, “Pastor Robert has been open and forthright about a moral failure he had over 35 years ago when he was in his twenties and prior to him starting Gateway Church.”

The elders said Morris had spoken openly in the pulpit about the proper steps he took for restoration, including a two-year hiatus from ministry to get professional and freedom ministry.

“I was involved in inappropriate sexual behavior with a young lady in a home I was staying,” Morris said. “It was kissing and petting and not intercourse, but it was wrong.”

The former Gateway leader said the relationship continued into March 1987 and came to light when he said he confessed, repented, and submitted to elders of Shady Grove Church in addition to the young lady’s father.

Clemishire pushed back in an interview with CBS News Texas.

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“Young lady? I was not a young lady. I was a little girl. I was 12,” she said.

The alleged victim said he told her not to tell anyone or it would ruin everything.

By June 18, Morris had resigned from running the church, which is said to have as many as 100,000 members. He also stepped down as chancellor and the Board of Trustees of Kings University. The preacher also gave up his spiritual oversight over his daughter and son-in-law’s church in Houston.

“…Please be praying for those affected, including Cindy Clemishire, her family, the Morris family, Gateway members, staff, and others,” Elders said in the latest statement. 

Services at six of the church’s campuses are on Saturday at 4 p.m.

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Wealthy foreigners step up plans to leave UK as taxes increase

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Wealthy foreigners step up plans to leave UK as taxes increase

Increasing numbers of wealthy foreigners say they are leaving the UK in response to the abolition of the “non-dom” regime that allowed them to avoid paying tax on overseas income. 

The change — backed by both the Conservative and Labour parties — has contributed to a relative decline in the UK’s attractiveness, according to over a dozen interviews with wealthy foreigners and their advisers. Other deterrents cited include Brexit, fiscal and political instability, and concerns around security. 

“Brexit happened and the Conservatives promised to make the UK like Singapore and instead they turned this place into Belarus,” said a billionaire businessman who has lived in London for 15 years and is now moving his tax residency to Abu Dhabi. “Security is now a major issue and another contributing factor to the tax reasons for why people are wanting to leave.”

In March chancellor Jeremy Hunt stole one of the opposition Labour party’s flagship fiscal policies when he announced the abolition of the non-dom regime. 

Labour shadow chancellor Rachel Reeves followed with proposals to toughen the planned crackdown, notably reversing a Tory decision to permit non-doms who will lose benefits from next April to shield foreign assets held in an offshore trust from inheritance tax permanently. 

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Polls have put Sir Keir Starmer’s Labour party on track for victory in the general election on July 4. 

“The UK’s inheritance tax of 40 per cent on your global assets is a real problem,” said a European non-dom businessman in his 50s, who is moving his family from London to Switzerland after more than a decade in the UK. “It’s the overall instability that has been the nail in the coffin for me. If there was a more balanced, less punitive inheritance tax I might have considered staying.” 

While Starmer has sought to position Labour as the “party of wealth creation”, the non-dom changes mark one of several potential tax increases under a Labour government. 

While Labour has committed not to raise income tax, national insurance, corporation tax or VAT, the party insists it has “no plans” to raise capital gains tax or inheritance tax or levy any form of wealth tax, but refuses to rule them out. Rachel Reeves, shadow chancellor, told the Financial Times this week: “We’re not seeking a mandate to increase people’s taxes.”

A party official said “nobody has seen” a supposed Labour memo, reported by the Guardian, which outlined that the party was mulling plans to increase the rate of CGT in line with income tax and cap business and agricultural land inheritance tax relief. Labour officials said the report appeared to be based on research by the Institute for Fiscal Studies and Tax Policy Associates.

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Trevor Abrahmsohn, director of Glentree Properties, a London estate agent, said there had been a steady decline in inquiries for £10mn properties, which he attributed to “higher interest rates and anticipated changes to the non-dom regime”. He added: “As more high-end property comes on to the market, I expect there to be fewer buyers and for prices to fall.” 

Indian vaccine billionaire Adar Poonawalla last month told the FT that the non-dom change had harmed the UK. “Some people are willing to pay that cost like I am, but most others aren’t,” said Poonawalla, head of the Serum Institute of India. “They can easily move out.”

There were 68,800 individuals claiming non-dom status on their tax returns in 2022, according to the most recent estimates from HM Revenue & Customs, the UK tax agency, but a lag in the data makes it impossible to gauge recent moves.

“There is no hard and fast data on non-dom departures but there’s a real buzz at the moment around people both considering leaving and actually going,” said Fiona Fernie, a partner at tax and accounting firm Blick Rothenberg. “There’s been a definite marker put down by both parties that non-doms are targets and whatever benefits perceived to be given to them is going to be significantly reduced. This is a catalyst for departures.”

One French investor in his 40s said that “any foreigner in the UK who has the option to leave is doing so because of the end of the non-dom regime”. He is moving from London to Milan early next year, lured by a system that was announced by Italy in 2017 that exempts foreign income from Italian tax in exchange for the payment of €100,000 a year. Returning to France was “out of the question”, he added, given the current political situation. 

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A crackdown on the non-dom regime began eight years ago under then Conservative chancellor George Osborne. He tightened the regime so that from April 2017 foreign residents who had lived in Britain for more than 15 of the past 20 years were deemed domiciled in the UK.

Since then other European jurisdictions — including France, Italy and Portugal — have gone in the opposite direction, launching comparable non-dom or impatriation regimes to attract wealthy families, increasing competition with traditional havens such as Monaco and Switzerland.

Italy, Switzerland, Malta and the Middle East are currently the most popular destinations for those leaving the UK, according to advisers.

While non-doms do not pay tax on their offshore earnings, they are taxed on their UK income. Proponents of the regime argue that non-doms bring skills, jobs and investment to Britain.

The American School in London is concerned about future enrolment as a result of the non-dom abolition, according to two people familiar with the situation. The American School declined to comment.

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A French businessman in his 50s who is resident in Switzerland said he had started the process of moving part of his business to the UK but backtracked after the government announced it would abolish the non-dom regime. 

“The Conservatives have sent a very strong signal that they don’t want foreigners here any more and Labour won’t do anything to change that. I’m 100 per cent sure I’m not going to come back.” 

He added: “Was the non-dom regime a fair system? No it wasn’t. Was it efficient? Yes it was.” 

Fears of a tougher tax regime are also causing some UK nationals to look at leaving the country. Henley & Partners, which advises on residence and citizenship, said it had received a three-fold increase in inquiries from UK nationals between 2022 and 2023 and a 25 per cent year-on-year increase in the first half of this year.

“A lot of the inquiries we’re getting at the moment in the London office are based on the fact that Labour will come in and what might happen on the back of that,” says Dominic Volek, group head of private clients at Henley & Partners.

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