News18 Daily Digest, July 11: Gurugram Floods Dad Kills Tennis Star
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Time of India
31 minutes ago
- Time of India
Paris prosecutors ask police to join investigation of Elon Musk's X
The move adds to the pressure on Musk, a former ally of U.S. President Donald Trump who has accused European governments of attacking free speech and has also voiced support for some of the region's far-right parties. French police could conduct searches, wiretaps and surveillance against Musk and X executives, or summon them to testify. If they do not comply, a judge could issue an international arrest warrant. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads A French probe into Elon Musk 's social media platform X deepened on Friday, when the Paris prosecutor's office said it had enlisted police to investigate suspected abuse of algorithms and fraudulent data extraction by the company or its executives. The move adds to the pressure on Musk, a former ally of U.S. President Donald Trump who has accused European governments of attacking free speech and has also voiced support for some of the region's far-right police could conduct searches, wiretaps and surveillance against Musk and X executives, or summon them to testify. If they do not comply, a judge could issue an international arrest warrant.X did not immediately respond to a request for comment. Paris prosecutors launched a preliminary probe in January, after receiving complaints of alleged foreign interference by X from a lawmaker and a senior French official, Paris Prosecutor Laure Beccuau said in a July 9, after preliminary findings provided by researchers and French public institutions, they asked police to investigate X "as both a legal entity and through individual persons".The alleged crimes are "organised interference with the functioning of an automated data processing system" and "organised fraudulent extraction of data from an automated data processing system".Paris prosecutors' latest investigation of powerful tech figures may deepen a rift between Washington and European capitals over what sort of discourse is permitted online. Pavel Durov , the Russian-born founder of the Telegram messaging app, is under judicial supervision in France after being arrested last year and placed under formal investigation for alleged organised crime on the app. He denies arrest, which Musk criticised, ignited a debate about free speech that has been taken up by senior Trump has used X to personally support right-wing parties and causes in France, Germany and Britain. After months in lockstep with Trump, he recently broke with the president over his federal budget, and he is now launching his own political party.
Time of India
42 minutes ago
- Time of India
European Commission proposes Russian oil price cap 15% below global price
The European Commission proposed on Friday a floating price cap on Russian oil of 15 per cent below the average market price of crude in the previous three months, EU diplomats said. The European Union and Britain have been pushing the Group of Seven nations to lower the cap for the last two months after a fall in oil futures made the current $60 a barrel level largely irrelevant. Brent crude has since rebounded somewhat, and settled on Friday at $70.36 per barrel. The G7 price cap, aimed at curbing Russia's ability to finance the war in Ukraine, was originally agreed in December 2022. The new floating cap would be revised according to the average price every three months, one of the diplomats added. The EU diplomats, who were not authorized to speak publicly, said technical details of the latest proposal still needed to be discussed, but the idea seemed to assuage concerns of the EU's maritime states - Malta, Greece and Cyprus. Despite repeated attempts from European leaders, the US administration has not agreed to lower the cap, prompting the Europeans to push ahead on their own. The price of Russia's Urals oil remained $2 per barrel below the $60 per barrel limit on Friday. The cap bans trade in Russian crude oil transported by tankers if the price paid was above $60 per barrel and prohibits shipping, insurance and re-insurance companies from handling cargoes of Russian crude around the globe, unless it is sold for less than the price cap. The Commission initially proposed in June to lower the cap from $60 a barrel to $45 a barrel as part of its 18th package of sanctions on Russia. The Kremlin said on Friday it has good experience in tackling challenges such as a floating Russian oil price cap , which could be introduced by the European Union. EU sanctions must be agreed unanimously by member states to be adopted.
Hindustan Times
an hour ago
- Hindustan Times
US senator: Sanctions bill targets India, China over Russian oil
Washington: Democratic Senator Richard Blumenthal publicly support a new Russia sanctions bill in the US Senate which proposes a 500% tariff on countries like India, which buy Russian oil, natural gas and petroleum-products among other things. US Sen Richard Blumenthal (D-CT) arrives for a classified briefing to Senators on the topic of Iran on June 26, in Washington, DC. (AFP) 'Here in Rome having just met with all the European heads of state, I am so deeply inspired by their commitment to the cause of freedom in Ukraine against Putin's murderous invasion but also by their gratitude to the United States for our support and for our Russia sanctions bill that imposes bone crushing penalties on China and India for buying Russian oil and fuelling their war machine,' Blumenthal said in a video on X. Blumenthal, a member of the Democratic party, has joined hands with Republican senator Lindsey Graham to push the bill. The bill - which was introduced in the United States Senate in April - received heightened attention after US President Donald Trump said he was considering the bill in an effort to push Russia to negotiate an end to the Ukraine war. The proposed legislation comes even as India and the United States are negotiating a trade agreement that is expected to lay the groundwork for a key bilateral trade deal. 'The main reason why this is worrisome is because Congressional sanctions can override existing trade deals which means, if this passes, the US trade negotiators can't simply will it away. The hope for India is that with a mini deal in place, the USTR will have some flexibility in the lead up to the second phase to negotiate this additional sanction both with India and on the hill'' says Prerna Bountra, Deputy Director at the Ananta Aspen Centre, a think-tank. 'Speaking of the hill, the bill may have 84 co-sponsors in the Senate but only 33 in the House. The battle isn't yet lost for India even though there is an uphill climb ahead. Our diplomats will have to lobby representatives who aren't even expected back in DC till a few days before Congress resumes,' Bountra adds. According to reports in the American media, the bill will allow President Trump the right to waive the bill's provisions for select countries twice for a limited six month period. External Affairs Minister S Jaishankar stated that the Indian Embassy in Washington has reached out to Senator Lindsey Graham to convey its position regarding India's energy security
