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Tesla nears deal to build production facilities in Indonesia – Bloomberg News

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Tesla nears deal to build production facilities in Indonesia – Bloomberg News

Jan 11 (Reuters) – Tesla Inc (TSLA.O) is nearing a preliminary deal to construct manufacturing amenities in Indonesia with a capability of 1 million models, Bloomberg Information reported on Wednesday, citing individuals acquainted with the matter.

The nation’s funding minister confirmed talks with the world’s most precious automaker, the report added.

The electrical-vehicle maker and Indonesia’s Ministry of Funding didn’t instantly reply to Reuters requests for remark.

Tesla makes its electrical automobiles at its gigafactories in Shanghai, Austin, Berlin and Fremont, California and is reportedly set to announce a brand new manufacturing facility in Mexico’s Nuevo Leon state.

The report mentioned that the talks embrace plans for manufacturing amenities and to facilitate the corporate’s provide chain.

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Chief government Elon Musk mentioned in November that South Korea was amongst its prime candidate areas for a manufacturing facility it plans to construct in Asia for making EVs, based on South Korea’s presidential workplace.

Tesla has signed contracts value about $5 billion to purchase supplies for his or her batteries from nickel processing firms in Indonesia, a senior cupboard minister advised CNBC Indonesia final 12 months.

Nonetheless, Indonesian President Joko Widodo urged the electrical car maker to fabricate its automobiles, in addition to batteries, within the nation, in feedback made to Bloomberg Information in August.

Reporting by Akash Sriram in Bengaluru; Modifying by Shailesh Kuber

Our Requirements: The Thomson Reuters Belief Rules.

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Star witness Cohen to testify against Trump in hush money trial

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Star witness Cohen to testify against Trump in hush money trial

Former lawyer’s testimony viewed as key in former president’s criminal prosecution six months ahead of election.

The star prosecution witness in Donald Trump’s hush money trial, Michael Cohen, is set to take the stand to testify against the former president.

Trump’s former lawyer and personal fixer, is due in court on Monday. The Manhattan district attorney hopes that the testimony of the key witness would help influence the verdict in the first-ever criminal case against a US president, sitting or former.

Cohen’s expected appearance in the New York courtroom signals that the closely-watched trial is entering its final stretch. Prosecutors say they may wrap up their presentation of evidence by the end of the week.

Cohen is set to testify about his role in arranging hush money payments on Trump’s behalf, including to adult film actress Stormy Daniels.

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Daniels told jurors last week that a payment of $130,000 that she received in 2016 was meant to prevent her from going public about a sexual encounter she says she had with Trump at a celebrity golf tournament a decade earlier.

Trump is accused of falsifying business records to reimburse Cohen for the payment on the eve of the 2016 presidential election when the story could have proved politically fatal. Prosecutors say the reimbursements were logged as legal expenses to conceal their true purpose.

The Republican presidential candidate has denied the allegations.

Defence lawyers are expected to try to paint Cohen, who once said he would “take a bullet” for Trump, as untrustworthy. They are also expected to cast him as vindictive and agenda-driven.

Since their fallout, the fixer-turned-foe has emerged as a relentless and sometimes crude critic of Trump. Last week he appeared in a live TikTok stream wearing a shirt featuring a figure resembling Trump behind bars and wearing handcuffs.

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Five years ago, Cohen pleaded guilty to federal charges related to the payments and to lying to Congress. Trump’s defence will highlight the prosecution’s reliance on a witness with such a record.

Other witnesses, including former National Enquirer publisher David Pecker and former Trump adviser Hope Hicks, have testified at length about the role Cohen played in arranging to stifle stories that were feared to be harmful to Trump’s 2016 candidacy.

Jurors also heard an audio recording of Trump and Cohen discussing a plan to buy the rights to a story of a Playboy model, Karen McDougal, who has said she had an affair with Trump.

The trial is taking place six months before the November election, when the presidential hopeful will try to defeat Democratic President Joe Biden.

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Map: 6.4-Magnitude Earthquake Strikes off the Coasts of Mexico and Guatemala

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Map: 6.4-Magnitude Earthquake Strikes off the Coasts of Mexico and Guatemala

Note: Map shows the area with a shake intensity of 4 or greater, which U.S.G.S. defines as “light,” though the earthquake may be felt outside the areas shown. The New York Times

A strong, 6.4-magnitude earthquake struck in the Pacific Ocean near the Mexico-Guatemala border on Sunday, according to the United States Geological Survey.

The temblor happened at 7:39 a.m. Eastern about 11 miles southwest of Brisas Barra de Suchiate, Mexico and about 120 miles west of Guatemala City, data from the agency shows.

As seismologists review available data, they may revise the earthquake’s reported magnitude. Additional information collected about the earthquake may also prompt U.S.G.S. scientists to update the shake-severity map.

Aftershocks in the region

An aftershock is usually a smaller earthquake that follows a larger one in the same general area. Aftershocks are typically minor adjustments along the portion of a fault that slipped at the time of the initial earthquake.

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Quakes and aftershocks within 100 miles

Aftershocks can occur days, weeks or even years after the first earthquake. These events can be of equal or larger magnitude to the initial earthquake, and they can continue to affect already damaged locations.

Source: United States Geological Survey | Notes: Shaking categories are based on the Modified Mercalli Intensity scale. When aftershock data is available, the corresponding maps and charts include earthquakes within 100 miles and seven days of the initial quake. All times above are Eastern. Shake data is as of Sunday, May 12 at 7:56 a.m. Eastern. Aftershocks data is as of Sunday, May 12 at 9:39 p.m. Eastern.

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Iranian lawmaker declares Tehran obtained nuclear bombs

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Iranian lawmaker declares Tehran obtained nuclear bombs

After the head of the United Nation’s atomic watchdog agency warned that Iran has enough uranium to produce “several” nuclear bombs, a firebrand Iranian lawmaker declared on Friday that the Islamic Republic of Iran possesses atomic weapons.

“In my opinion, we have achieved nuclear weapons, but we do not announce it. It means our policy is to possess nuclear bombs, but our declared policy is currently within the framework of the JCPOA,” Ahmad Bakhshayesh Ardestani told the Iran-based outlet Rouydad 24 on Friday, according to an article published by the independent news organization Iran International in London.

The JCPOA is an abbreviation for the Joint Comprehensive Plan of Action, the formal name for the Iran nuclear deal. President Trump withdrew the U.S. from the JCPOA in 2018 because, his administration argued, the accord did not stop Iran’s drive to build atomic weapons.

 The JCPOA provides massive economic sanctions relief to Iran in exchange for assurances it will not, within a limited time period, build a nuclear weapon.

SEVERAL COUNTRIES COME TO ISRAEL’S AID TO STOP IRAN BARRAGE

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Iran’s Supreme Leader Ali Khamenei addresses the media during parliamentary elections in Tehran on May 10, 2024. (Fatemeh Bahrami/Anadolu via Getty Images)

Ardestani, who was re-elected to Iran’s quasi-parliament in March, added, “The reason is that when countries want to confront others, their capabilities must be compatible, and Iran’s compatibility with America and Israel means that Iran must have nuclear weapons,”

The Iranian parliament member noted, “In a climate where Russia has attacked Ukraine and Israel has attacked Gaza, and Iran is a staunch supporter of the Resistance Front, it is natural for the containment system to require that Iran possess nuclear bombs. However, whether Iran declares it is another matter.” Fox News Digital sent press queries to Iran’s Foreign Ministry in Tehran and its U.N. mission in New York.

Experts on Iran’s illegal nuclear weapons program warned about the seemingly speculative comments made by Ardestani. Jason Brodsky, the policy director of the U.S.-based United Against a Nuclear Iran, told Fox News Digital that “Ardestani is only a member of parliament, and he’s not in the inner core of the regime’s nuclear decision-making circle, so while his comments are interesting, I think they have to be weighed properly given his access and standing.”

Just two days before Ardestani’s announcement, the president of the Iranian Strategic Council on Foreign Relations, Kamal Kharrazi, told Al-Jazeera Network Qatar, “I announced two years ago, in an interview with Al-Jazeera TV, that Iran had the absorptive capacity and the capability to produce a nuclear bomb. Iran still has that capability, but we have not made the decision to produce a nuclear bomb. However, if the Iranian interests are threatened in this manner, we may change this doctrine. The military officials in Iran have announced that if our nuclear facilities would be attacked, we may change our military doctrine, with regard to the nuclear facilities.” The U.S.-based Middle East Media Institute (MEMRI) translated and published Kharrazi’s May 8 interview.

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WORLD LEADERS COLLECTIVELY CONDEMN IRAN’S ‘RECKLESS’ ATTACK AGAINST ISRAEL: ‘WE SUPPORT ISRAEL’

Kharrazi sitting on stage, giving a talk.

Kamal Kharrazi speaks at a panel on March 27, 2022. (Karim Jaafar/AFP via Getty Images)

Brodsky said, “Kharrazi’s comments are part of an increasingly loud chorus of threats from Iranian officials that they will change Iran’s nuclear doctrine if Israel attacks them. The current advanced state of Iran’s nuclear program provides it with the luxury to make these threats as it hopes to deter Western policymakers from launching pressure campaigns on Tehran.”

Critics of the Biden administration’s Iran policy argue the White House strategy of de-escalation and containment targeting Iran’s atomic program has backfired. Iran’s regime – the world’s worst state-sponsor of international terrorism – is moving at an astonishingly fast pace to secure an operational nuclear weapon.

Nuclear security alarm bells are ringing over Iran’s illicit atomic program in Europe. Fox News Digital obtained the April intelligence agency report for Germany’s most populous state, Nordrhein-Westfalen. 

The German intelligence report notes, “The Islamic Republic’s continued intensive procurement efforts by Iran in Germany continues” for its “nuclear and missile program.” The German experts added “proliferation-relevant activities by Iran to circumvent existing sanctions in favor of Iran’s nuclear and missile programs can still be assumed.” A State Department spokesperson previously told Fox News Digital, “As the president and the secretary have made clear, the United States will ensure one way or another that Iran will never obtain a nuclear weapon. We continue to use a variety of tools in pursuit of that goal, and all options remain on the table.”

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David Wurmser, a former senior adviser for nonproliferation and Middle East strategy for former Vice President Dick Cheney, told Fox News Digital, “The distance from where Iran is purported to be to an actual deliverable device is still a ways away, provided the information that we have in our operating from is correct. And that is quite a proviso. We know that North Koreans have been interacting with the Iranians, and we know relations with North Korea go back many, many years.”

The communist state of North Korea previously aided Syria in building its illicit nuclear reactor. Israel’s air force knocked out the reactor in 2007.

IRAN’S ‘NUCLEAR ENERGY MOUNTAIN’ IS ‘FULLY SAFE’ AFTER ISRAELI STRIKE: STATE MEDIA

David Wurmser at his D.C. office.

David Wurmser, former senior adviser for nonproliferation and Middle East strategy for former Vice President Dick Cheney, in Washington D.C. (David Howells/Corbis via Getty Images)

Wurmser warned, “As since intelligence is generally incomplete and is inherently seeking to discover that which is given to being opaque with much hidden, we have to assume surprises. I realize in the Iraq war we imagined there was more there than there actually was – and there was more than what is popularly understood – but Iraq is actually a very rare circumstance. The Pakistani, the Russian, the Chinese, the Indian, and even the South African programs all were ahead of what we had expected when they were exposed. For that matter, that was the case with Libya as well.”

The non-proliferation expert noted, “So, on balance, I doubt Iran has a nuclear weapon yet, but I also doubt that the program is in a stable state, even a stable state regarding weaponization. I think Iran is pushing ahead and has every intention to go all the way. So time on this may still be there, but it is short and running out fast. And of course, the consequences of an Iranian bomb are catastrophic for the region, for Israel’s survival, and for the status of American power in the globe.”

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The recent saber-rattling over Iran’s nuclear weapons program from regime officials and lawmakers coincides with  International Atomic Energy Agency chief Rafael Grossi’s May 8 statement that his organization was working “very hard with [Iran] to prevent [nuclear weaponization] from happening.”

The Washington D.C.-based Institute for the Study of War wrote this suggests “that Iran has already obtained or is close to obtaining the ability to procure nuclear weapons.” The U.S. State Department did not immediately respond to a Fox News Digital press query.

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