An 85-year-old former IOC member could be the key candidate in contentious vote for CONI presidency
Franco Carraro is seen as a peacemaker between leading candidates Luciano Buonfiglio and Luca Pancalli in Thursday's vote.
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Yahoo
10 minutes ago
- Yahoo
Chancellor Rachel Reeves dodges wealth tax calls from predecessor
Chancellor Rachel Reeves has dodged calls from her predecessor Anneliese Dodds for a wealth tax to be considered ahead of this autumn's budget. When Sir Keir Starmer became Labour leader in 2020, Ms Dodds was his first pick for shadow chancellor. However, she did not last long and was replaced by Ms Reeves, who then got the government job after last year's election win. Speaking to the Sky News political editor Beth Rigby on the Electoral Dysfunction podcast, Ms Dodds said she had examined wealth taxes when she was briefly in the shadow chancellor job and how one could be implemented. She said: "I would hope the Treasury is considering that kind of evidence, as well as other changes that have been put forward." Asked today if about Ms Dodds' intervention, Ms Reeves said: "Decisions around tax are decisions that are made at a budget and we'll make those decisions in the appropriate way, but the number-one priority of this government is to grow the economy. "And that means bringing more investment into Britain, creating more good jobs paying decent wages here in Britain. Listen here to hear Ms Dodds' full comments:"We've got to get the balance right on taxation because we want that investment, we want those jobs to come here. "That's why we're reforming the planning system, secured three trade deals in the first year of this Labour government, cutting back on unnecessary regulation, and reforming our pension system to unlock money for businesses to be able to invest here in the UK." Read more:What is a wealth tax? The government's financial position is stretched ahead of the next budget, due at the end of autumn. Ms Reeves has committed herself to not changing her fiscal rules, leaving little wiggle room to avoid tax rises or spending cuts. This is due to the government's inability to save money through policies like welfare reform, which were gutted due to a rebellion of backbench Labour MPs. Last week, Business Secretary Jonathan Reynolds branded the suggestion of a wealth tax "daft" - but he has less influence over the writing of the budget than the chancellor. Politics live: Meanwhile, reports from the Daily Telegraph suggested that Deputy Prime Minister Angela Rayner backed increasing taxes, including reinstating the pensions lifetime allowance and a higher corporation tax level for banks. Ms Dodds also wants to see those considered.
Associated Press
13 minutes ago
- Associated Press
Putin says Russia's hypersonic missile has entered service and will be deployed in Belarus
MOSCOW (AP) — President Vladimir Putin said Friday that Russia has started production of its newest hypersonic missiles and reaffirmed its plans to deploy them to ally Belarus later this year. Sitting alongside Belarus President Alexander Lukashenko on Valaam Island near St. Petersburg, Putin said the military already has selected deployment sites in Belarus for the Oreshnik intermediate range ballistic missile. 'Preparatory work is ongoing, and most likely we will be done with it before the year's end,' Putin said, adding that the first series of Oreshniks and their systems have been produced and entered military service. Russia first used the Oreshnik, which is Russian for 'hazelnut tree,' against Ukraine in November, when it fired the experimental weapon at a factory in Dnipro that built missiles when Ukraine was part of the Soviet Union. Putin has praised the Oreshnik's capabilities, saying its multiple warheads that plunge to a target at speeds up to Mach 10 are immune to being intercepted and are so powerful that the use of several of them in one conventional strike could be as devastating as a nuclear attack. He warned the West that Moscow could use it against Ukraine's NATO allies who allowed Kyiv to use their longer-range missiles to strike inside Russia. Russia's missile forces chief has declared that Oreshnik, which can carry conventional or nuclear warheads, has a range allowing it to reach all of Europe. Intermediate-range missiles can fly between 500 to 5,500 kilometers (310 to 3,400 miles). Such weapons were banned under a Soviet-era treaty that Washington and Moscow abandoned in 2019. Last fall, Putin and Lukashenko signed a treaty giving Moscow's security guarantees to Belarus, including the possible use of Russian nuclear weapons to help repel any aggression. The pact follows the Kremlin's revision of its nuclear doctrine, which for the first time placed Belarus under the Russian nuclear umbrella amid tensions with the West over the conflict in Ukraine. Lukashenko, who has ruled Belarus with an iron hand for over 30 years and has relied on Kremlin subsidies and support, allowed Russia to use his country's territory to send troops into Ukraine in 2022 and to host some of its tactical nuclear weapons. Russia hasn't disclosed how many such weapons were deployed, but Lukashenko said in December that his country currently has several dozen. The deployment of tactical nuclear weapons to Belarus, which has a 1,084-kilometer (673-mile) border with Ukraine, would allow Russian aircraft and missiles to reach potential targets there more easily and quickly if Moscow decides to use them. It also extends Russia's capability to target several NATO allies in Eastern and Central Europe. The revamped nuclear doctrine that Putin signed last fall formally lowered the threshold for Russia's use of its nuclear weapons. The document says Moscow could use nuclear weapons 'in response to the use of nuclear and other types of weapons of mass destruction' against Russia or its allies, as well as 'in the event of aggression' against Russia and Belarus with conventional weapons that threaten 'their sovereignty and/or territorial integrity.' ___ The Associated Press receives support for nuclear security coverage from the Carnegie Corporation of New York and Outrider Foundation. The AP is solely responsible for all content. ___ Additional AP coverage of the nuclear landscape:
Associated Press
13 minutes ago
- Associated Press
Slovenia bans arms trade with Israel over its actions in Gaza
LJUBLJANA, Sovenia (AP) — Slovenia has announced that it will ban the import, export and transit of all weapons to and from Israel in response to the country's actions in Gaza. Slovenia, which often criticized Israel over reported atrocities in Gaza, called the ban, announced late Thursday, 'the first such move by a European Union member state.' Early in July, Slovenia banned two far-right Israeli ministers from entering the country, accusing them of inciting 'extreme violence and serious violations of the human rights of Palestinians' with 'their genocidal statements.' In June 2024, Slovenia's parliament passed a decree recognizing Palestinian statehood, following in the steps of Ireland, Norway and Spain. Tiny Slovenia has almost no arms trade with Israel and the decision to ban weapons trade with Israel is mainly a diplomatic message meant to step up pressure as international outrage over Israel's conduct and images of starvation in Gaza grows. Last year, U.K. Prime Minister Keir Starmer's government suspended exports of some weapons to Israel because they could be used to break international law. Spain says it halted arms sales to Israel in October 2023. The Netherlands has also cracked down on weapons trade with Israel, and there are court cases in France and Belgium around weapons trade with Israel, but none of the three has announced a blanket ban on all trade and transit similar to what Slovenia announced Friday. Slovenian Prime Minister Robert Golob has said on multiple occasions that Slovenia would act unilaterally in the absence of concerted EU action, the state STA news agency reported. 'The EU is currently incapable of completing this task due to internal discord and disunity,' the government press release said. 'The result thereof is shameful: People in Gaza are dying because they are systematically denied humanitarian aid. They are dying under rubble, without access to drinking water, food and basic health care.'
