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On Tuesday, profound sorrow swept through the film industry as Andhra Pradesh Governor S Abdul Nazeer and Chief Minister N Chandrababu Naidu mourned the loss of iconic filmmaker Shyam Benegal. Known for his groundbreaking contributions to art house cinema, Benegal passed away in Mumbai shortly after celebrating his 90th birthday. Chief Minister Naidu praised Benegal for his storytelling prowess and socio-political narratives that vastly influenced the trajectory of Indian cinema. He emphasized that Benegal's legacy will continue to inspire future generations of filmmakers, extending heartfelt condolences to his family. Governor Nazeer echoed these sentiments, highlighting Benegal's pivotal role in establishing parallel cinema in India. With numerous acclaimed films to his name and accolades such as the Padma Bhushan and Dadasaheb Phalke awards, Benegal's impact remains enduring. The Governor expressed his deep sympathies to the bereaved family. (With inputs from agencies.)
A lead organization monitoring for food crises around the world withdrew a new report this week warning of imminent famine in north Gaza under what it called Israel's “near-total blockade,” after the U.S. asked for its retraction, U.S. officials told The Associated Press. The move follows public criticism of the report from the U.S. ambassador to Israel. The rare public challenge from the Biden administration of the work of the U.S.-funded Famine Early Warning System, which is meant to reflect the data-driven analysis of unbiased experts, drew accusations from aid and human-rights figures of possible U.S. political interference. A finding of famine would be a public rebuke of Israel, which has insisted that its 15-month war in Gaza is aimed against the Hamas militant group and not against its civilian population. > Philadelphia news 24/7: Watch NBC10 free wherever you are U.S. ambassador to Israel Jacob Lew earlier this week called the warning by the internationally recognized group inaccurate and “irresponsible." Lew and the U.S. Agency for International Development, which funds the monitoring group, both said the findings failed to properly account for rapidly changing circumstances in north Gaza. Humanitarian and human rights officials expressed fear of U.S. political interference in the world's monitoring system for famines. The U.S. Embassy in Israel and the State Department declined comment. FEWS officials did not respond to questions. “We work day and night with the U.N. and our Israeli partners to meet humanitarian needs — which are great — and relying on inaccurate data is irresponsible,” Lew said Tuesday. USAID confirmed to the AP that it had asked the famine-monitoring organization to withdraw its stepped-up warning issued in a report dated Monday. The report did not appear among the top updates on the group's website Thursday, but the link to it remained active. The dispute points in part to the difficulty of assessing the extent of starvation in largely isolated northern Gaza. Thousands in recent weeks have fled an intensified Israeli military crackdown that aid groups say has allowed delivery of only a dozen trucks of food and water since roughly October. Stories that affect your life across the U.S. and around the world. FEWS Net said in its withdrawn report that unless Israel changes its policy, it expects the number of people dying of starvation and related ailments in north Gaza to reach between two and 15 per day sometime between January and March. The internationally recognized mortality threshold for famine is two or more deaths a day per 10,000 people. FEWS was created by the U.S. development agency in the 1980s and is still funded by it. But it is intended to provide independent, neutral and data-driven assessments of hunger crises, including in war zones. Its findings help guide decisions on aid by the U.S. and other governments and agencies around the world. A spokesman for Israel's foreign ministry, Oren Marmorstein, welcomed the U.S. ambassador's public challenge of the famine warning. “FEWS NET - Stop spreading these lies!” Marmorstein said on X. In challenging the findings publicly, the U.S. ambassador "leveraged his political power to undermine the work of this expert agency,” said Scott Paul, a senior manager at the Oxfam America humanitarian nonprofit. Paul stressed that he was not weighing in on the accuracy of the data or methodology of the report. “The whole point of creating FEWS is to have a group of experts make assessments about imminent famine that are untainted by political considerations,” said Kenneth Roth, former executive director of Human Rights Watch and now a visiting professor in international affairs at Princeton University. “It sure looks like USAID is allowing political considerations -- the Biden administration’s worry about funding Israel’s starvation strategy -- to interfere." Israel says it has been operating in recent months against Hamas militants still active in northern Gaza. It says the vast majority of the area’s residents have fled and relocated to Gaza City, where most aid destined for the north is delivered. But some critics, including a former defense minister, have accused Israel of carrying out ethnic cleansing in Gaza’s far north, near the Israeli border. North Gaza has been one of the areas hardest-hit by fighting and Israel’s restrictions on aid throughout its war with Hamas militants. Global famine monitors and U.N. and U.S. officials have warned repeatedly of the imminent risk of malnutrition and deaths from starvation hitting famine levels. International officials say Israel last summer increased the amount of aid it was admitting there, under U.S. pressure. The U.S. and U.N. have said Gaza’s people as a whole need between 350 and 500 trucks a day of food and other vital needs. But the U.N. and aid groups say Israel recently has again blocked almost all aid to that part of Gaza. Cindy McCain, the American head of the U.N. World Food Program, called earlier this month for political pressure to get food flowing to Palestinians there. Israel says it places no restrictions on aid entering Gaza and that hundreds of truckloads of goods are piled up at Gaza’s crossings and accused international aid agencies of failing to deliver the supplies. The U.N. and other aid groups say Israeli restrictions, ongoing combat, looting and insufficient security by Israeli troops make it impossible to deliver aid effectively. Lew, the U.S. ambassador, said the famine warning was based on “outdated and inaccurate” data. He pointed to uncertainty over how many of the 65,000-75,000 people remaining in northern Gaza had fled in recent weeks, saying that skewed the findings. FEWS said in its report that its famine assessment holds even if as few as 10,000 people remain. USAID in its statement to AP said it had reviewed the report before it became public, and noted “discrepancies” in population estimates and some other data. The U.S. agency had asked the famine warning group to address those uncertainties and be clear in its final report to reflect how those uncertainties affected its predictions of famine, it said. “This was relayed before Ambassador Lew’s statement,” USAID said in a statement. “FEWS NET did not resolve any of these concerns and published in spite of these technical comments and a request for substantive engagement before publication. As such, USAID asked to retract the report.” Roth criticized the U.S. challenge of the report in light of the gravity of the crisis there. “This quibbling over the number of people desperate for food seems a politicized diversion from the fact that the Israeli government is blocking virtually all food from getting in,” he said, adding that “the Biden administration seems to be closing its eyes to that reality, but putting its head in the sand won’t feed anyone.” The U.S., Israel’s main backer, provided a record amount of military support in the first year of the war. At the same time, the Biden administration repeatedly urged Israel to allow more access to aid deliveries in Gaza overall, and warned that failing to do so could trigger U.S. restrictions on military support. The administration recently said Israel was making improvements and declined to carry out its threat of restrictions. Military support for Israel’s war in Gaza is politically charged in the U.S., with Republicans and some Democrats staunchly opposed any effort to limit U.S. support over the suffering of Palestinian civilians trapped in the conflict. The Biden administration’s reluctance to do more to press Israel for improved treatment of civilians undercut support for Democrats in last month’s elections. ___ Sam Mednick and Josef Federman in Jerusalem contributed to this report.WASHINGTON (AP) — Special counsel Jack Smith moved to abandon two criminal cases against Donald Trump on Monday, acknowledging that Trump’s return to the White House will preclude attempts to federally prosecute him for retaining classified documents or trying to overturn his 2020 election defeat. The decision was inevitable, since longstanding Justice Department policy says sitting presidents cannot face criminal prosecution. Yet it was still a momentous finale to an unprecedented chapter in political and law enforcement history, as federal officials attempted to hold accountable a former president while he was simultaneously running for another term. Trump emerges indisputably victorious, having successfully delayed the investigations through legal maneuvers and then winning reelection despite indictments that described his actions as a threat to the country’s constitutional foundations. “I persevered, against all odds, and WON,” Trump exulted in a post on Truth Social, his social media website. He also said that “these cases, like all of the other cases I have been forced to go through, are empty and lawless, and should never have been brought.” The judge in the election case granted prosecutors’ dismissal request. A decision in the documents case was still pending on Monday evening. The outcome makes it clear that, when it comes to a president and criminal accusations, nothing supersedes the voters’ own verdict. In court filings, Smith’s team emphasized that the move to end their prosecutions was not a reflection of the merit of the cases but a recognition of the legal shield that surrounds any commander in chief. “That prohibition is categorical and does not turn on the gravity of the crimes charged, the strength of the Government’s proof, or the merits of the prosecution, which the Government stands fully behind,” prosecutors said in one of their filings. They wrote that Trump’s return to the White House “sets at odds two fundamental and compelling national interests: on the one hand, the Constitution’s requirement that the President must not be unduly encumbered in fulfilling his weighty responsibilities . . . and on the other hand, the Nation’s commitment to the rule of law.” In this situation, “the Constitution requires that this case be dismissed before the defendant is inaugurated,” they concluded. Smith’s team said it was leaving intact charges against two co-defendants in the classified documents case — Trump valet Walt Nauta and Mar-a-Lago property manager Carlos De Oliveira — because “no principle of temporary immunity applies to them.” Steven Cheung, Trump’s incoming White House communications director, said Americans “want an immediate end to the political weaponization of our justice system and we look forward to uniting our country.” Trump has long described the investigations as politically motivated, and he has vowed to fire Smith as soon as he takes office in January. Now he will start his second term free from criminal scrutiny by the government that he will lead. The election case brought last year was once seen as one of the most serious legal threats facing Trump as he tried to reclaim the White House. He was indicted for plotting to overturn his defeat to Joe Biden in 2020, an effort that climaxed with his supporters’ violent attack on the U.S. Capitol on Jan. 6, 2021. But the case quickly stalled amid legal fighting over Trump’s sweeping claims of immunity from prosecution for acts he took while in the White House. The U.S. Supreme Court in July ruled for the first time that former presidents have broad immunity from prosecution, and sent the case back to U.S. District Judge Tanya Chutkan to determine which allegations in the indictment, if any, could proceed to trial. The case was just beginning to pick up steam again in the trial court in the weeks leading up to this year’s election. Smith’s team in October filed a lengthy brief laying out new evidence it planned to use against him at trial, accusing him of “resorting to crimes” in an increasingly desperate effort to overturn the will of voters after he lost to Biden. In dismissing the case, Chutkan acknowledged prosecutors’ request to do so “without prejudice,” raising the possibility that they could try to bring charges against Trump when his term is over. She wrote that is “consistent with the Government’s understanding that the immunity afforded to a sitting President is temporary, expiring when they leave office.” But such a move may be barred by the statute of limitations, and Trump may also try to pardon himself while in office. The separate case involving classified documents had been widely seen as legally clear cut, especially because the conduct in question occurred after Trump left the White House and lost the powers of the presidency. The indictment included dozens of felony counts accusing him of illegally hoarding classified records from his presidency at his Mar-a-Lago estate in Palm Beach, Florida, and obstructing federal efforts to get them back. He has pleaded not guilty and denied wrongdoing. The case quickly became snarled by delays, with U.S. District Judge Aileen Cannon slow to issue rulings — which favored Trump’s strategy of pushing off deadlines in all his criminal cases — while also entertaining defense motions and arguments that experts said other judges would have dispensed with without hearings. In May, she indefinitely canceled the trial date amid a series of unresolved legal issues before dismissing the case outright two months later. Smith’s team appealed the decision, but now has given up that effort. Trump faced two other state prosecutions while running for president. One of them, a New York case involving hush money payments, resulted in a conviction on felony charges of falsifying business records. It was the first time a former president had been found guilty of a crime. The sentencing in that case is on hold as Trump’s lawyers try to have the conviction dismissed before he takes office, arguing that letting the verdict stand will interfere with his presidential transition and duties. Manhattan District Attorney Alvin Bragg’s office is fighting the dismissal but has indicated that it would be open to delaying sentencing until Trump leaves office. Bragg, a Democrat, has said the solution needs to balance the obligations of the presidency with “the sanctity of the jury verdict.” Trump was also indicted in Georgia along with 18 others accused of participating in a sprawling scheme to illegally overturn the 2020 presidential election there. Any trial appears unlikely there while Trump holds office. The prosecution already was on hold after an appeals court agreed to review whether to remove Fulton County District Attorney Fani Willis over her romantic relationship with the special prosecutor she had hired to lead the case. Four defendants have pleaded guilty after reaching deals with prosecutors. Trump and the others have pleaded not guilty.
The shooting took place on a bustling city street, sending bystanders into a frenzy of confusion and fear. Eyewitnesses reported hearing multiple gunshots and seeing the CEO crumple to the ground before the suspect fled the scene. Law enforcement officials quickly arrived on the scene and began their investigation into the shocking crime.Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in the 19 th High-level Meeting on Financial Stability and Regulatory and Supervisory Priorities in Abu Dhabi, taking place on December 18 and 19. The meeting events were attended by Khaled Mohamed Balama, Governor of the Central Bank of the UAE, Fahad bin Mohammed Al-Turki, the Director General and Chairman of the AMF, and Fernando Restoy, Chair of the Financial Stability Institute (FSI) at the Bank for International Settlements (BIS), along with a number of central banks’ Governors from Arab countries. The annual meeting encompassed several sessions discussing a number of topics and priority issues for central banks and Arab banking systems. These topics included risk developments in the financial systems of Arab countries, supervisory priorities amid economic changes and geopolitical repercussions, in addition to the role of central banks in light of the growing reliance on artificial intelligence and technological advancements, the enhancement of central banks’ governance, as well as the revised core principles for effective banking supervision and their implications on supervisory and prudential frameworks. During his participation in the first session of the meeting, the CBE’s Governor Mr. Hassan Abdalla clarified that strengthening the financial stability and resilience of Arab banking sector is currently gaining great importance. He also highlighted the key role of central banks in that context by ensuring banks’ adoption of dynamic and meticulous risk management policies, and their readiness to adapt effectively to the changing conditions, successive shocks and emerging risks related to climate change and cybersecurity challenges. This is achieved through the application of macroprudential policy tools, emphasizing the necessity of coordinating fiscal and monetary policies to boost economic stability, contain inflationary pressures, and direct more financing to the private sector to propel economic growth. The Governor also clarified that the CBE regularly assesses the banking sector’s resilience in the face of the various risks that may jeopardize financial stability. This assessment is carried out through a macroprudential perspective by applying macro stress tests in context of an integrated scenario incorporating economic, financial, geopolitical and climate-related risks to measure the extent of the banking sector’s vulnerability to potential systemic risks that may result from these shocks. The conducted tests have demonstrated the Egyptian banking sector’s resilience in the face of the various shocks, as well as the effectiveness of the CBE’s macroprudential and microprudential policies in supporting financial stability. This annual meeting is of great significance to policymakers and decision-makers in central banks, financial and banking institutions, as well as senior banking supervision officials in the Arab region, being a periodic high-level forum, bringing distinguished expertise and high-level officials together to discuss the key developments in financial stability issues and regulatory legislations. The annual meeting also contributes to generating valuable insights that are translated into effective decisions aimed at enhancing financial stability in Arab countries.
As 2024 approaches its close, many stories that created headlines this year remain unresolved, leaving concerns, hopes and doubts among both the government and business community. The Bangkok Post has selected five news stories that have generated heated debate this year and have had a significant impact on the financial, manufacturing, property, automotive and tourism sectors in the form of a year-end review. Whether it be the appointment of a new chairman of the Bank of Thailand board, the deluge of low cost imports from China, the reduction in headcounts among car manufacturers, changes to the country's land ownership laws, or targets for foreign tourist arrivals -- all these topics still require the close attention of the authorities and entrepreneurs. New BoT chair yet to be resolved The selection process for a new board chairman of the Bank of Thailand has been marked by delays and controversy. Scheduled meetings were postponed amid rising concerns over potential political interference after reports suggested the government intended to propose its own candidate to succeed Porametee Vimolsiri, whose term ends next October. Former commerce minister Kittiratt Na-Ranong is widely regarded as a leading contender for the position. Mr Kittiratt previously served as deputy leader and chief economic strategist for the Pheu Thai Party. He has been critical of the central bank’s interest rate policy and its regulatory independence. Mr Kittiratt was previously nominated as an advisor to former premier Srettha Thavisin. Several groups, including the Economics for Society Group — comprising 227 economists and four former Bank of Thailand governors (Pridiyathorn Devakula, Tarisa Watanagase, Prasarn Trairatvorakul, and Veerathai Santiprabhob) — in late October had expressed their opposition to Mr Kittiratt’s appointment. They argue that the board chairman of the central bank should remain independent of political influence. Protesters, including supporters of the late revered monk Luangta Maha Bua Yannasampanno, gathered in November outside the Bank of Thailand’s headquarters to submit letters opposing what they viewed as political interference in the central bank. The selection committee, chaired by Satit Limpongpan, had to postpone its meetings to choose the new chairman three times, starting on Oct 8. The process culminated in the final meeting on Nov 11, which ironically concluded without revealing the name of the selected candidate. Although the committee has not officially disclosed the name of the new chair, Mr Kittiratt remains highly likely to be appointed as expected. There were three candidates for the position. The Finance Ministry proposed Mr Kittiratt, while the central bank nominated Kulit Sombatsiri, a former energy permanent secretary, and Surapon Nitikraipot, president of the Thammasat University Council and an independent director of PTT Plc. Finance Minister Pichai Chunhavajira recently said he had already received the list of candidates from the selection committee and insisted they were still being reviewed by the Finance Ministry for compliance with the qualifications. The review process adheres strictly to the criteria outlined in the regulations and does not consider public opinion, which may be against the nomination, said Mr Pichai. According to the 2008 regulations governing the selection process for qualified individuals to serve as the chairman or board members of the Bank of Thailand, Section 16 outlines eight prohibitive qualifications. These include: being incapacitated or quasi-incapacitated; being bankrupt or having been declared bankrupt; having been sentenced to prison by a final court decision (except for negligence or minor offences); and holding or having held a political position, unless they have been out of office for at least a year. New measures reshape property landscape The government’s proposal to extend land leases to 99 years and increase the foreign ownership quota in condos from 49% to 75% has emerged as one of the hottest issues in the real estate sector in 2024. This ambitious move is expected to have profound implications for the property market, foreign investment and the overall economic landscape, including resistance from many Thai people who are concerned that Thai citizens may no longer be able to afford property. Currently, foreigners are allowed to own only up to 49% of a condo building, with the rest reserved for Thai nationals. The proposed increase in the foreign ownership limit to 75% would significantly open up opportunities for foreign buyers. This change aims to attract international investment, which could draw much-needed capital into the real estate sector, where local demand remains weak due to the challenging economic conditions and difficulties in securing home loans. The proposed 99-year land lease extension is another significant shift in policy. Under the current law, land in Thailand can be leased for a maximum period of 30 years, with the possible renewal for an additional term of 30 years. This limitation has long been a barrier for both Thai and foreign investors, especially those looking to build long-term investments, such as residential and commercial properties. By extending the lease period to 99 years, the government is aiming to provide greater security to investors, particularly from overseas, and encourage long-term investments in the country. The proposal is seen as a direct response to changing dynamics in the global economy. Geopolitical shifts and tensions between several countries have prompted foreign investors to seek safer alternatives in Southeast Asia, with Thailand emerging as an attractive option due to its appeal. By allowing greater foreign involvement in the real estate sector, the government anticipates to bolster the economy and position Thailand as a leading destination for international investors. For the Thai property market, these measures could drive demand, particularly in prime locations in cities like Bangkok and Phuket, which are already experiencing strong foreign interest. The potential increase in foreign investment could stimulate growth in both residential and commercial properties, leading to job creation and infrastructure development. However, critics of the proposal have raised concerns about the potential impact on local buyers, fearing that an influx of foreign buyers could drive up property prices. The government will need to carefully balance the interests of both local and foreign investors to ensure sustainable growth in the real estate sector. In 2024, these proposed changes have generated intense debate, with both real estate professionals and the public closely watching the government’s next move. If approved, these reforms could reshape the Thai property market for years to come. Tourism revenue misses target despite state initiatives Despite being regarded as a key driver for economic growth, in 2024 the tourism industry missed its target with weaker revenue than projected. The “Ignite Thailand Tourism” campaign was the government’s flagship policy this year, but Tourism and Sports Minister Sorawong Thienthong admitted that Thailand will likely miss the 3-trillion-baht target. The government started many initiatives to facilitate tourist flows, notably the visa-free scheme for visitors from 93 countries, launching a Destination Thailand Visa, and exempting the use of TM6 forms at land borders. The administration also pledged to attract more festivals, extending the Songkran celebration to a month, before closing the year with the Winter Festival, a series of celebrations during November and December. Unfortunately, such efforts were not enough to fully resume travel sentiment as tourism expenditure was severely hit by numerous factors, particularly among domestic tourists and key markets like China and Japan. The flow of tourists was also disrupted by the Northern floods in September and the recent Southern floods, which started in late November. Chamnan Srisawat, president of the Tourism Council of Thailand (TCT), said the sluggish economy and high household debt had impacted domestic travel, while those with sufficient funds had preferred to take overseas trips instead, especially to Japan and China, which offer visa-free entry for Thais. Meanwhile, inconsistent politics, as witnessed by cabinet changes under two prime ministers and three tourism ministers, also hampered the economic sentiment. Mr Chamnan said the government’s desire to boost tourism in second-tier cities has not yet been successful, as most of them are promoted via seasonal events without new manmade and facilities development to sustain the growth in the long run. On the supply side, foreign nominees reaping the benefits of tourism growth and illegal accommodation have also been an ongoing problem, preventing the local economy from prospering. TCT hopes the situation will improve next year, thanks to more economic stimulus schemes, increasing numbers of flights, and the anticipated We Travel Together scheme that could boost domestic tourism. Mr Chamnan also urged the government to fulfil its promise to develop and upgrade tourism supply, starting construction of new attractions and entertainment complexes, and not only holding world-class festivals. Producers struggle as Chinese goods flood the market Thailand not only faced severe flooding in 2024, but was also flooded with cheap imports, leaving many local manufacturers struggling to keep their businesses afloat. The Office of Industrial Economics attributed the tougher competition to foreign sellers who increasingly gained market share in the country. Combined with weak consumer purchasing power and high household debt, this resulted in a dip in the 2024 Manufacturing Production Index (MPI). Officials estimated the MPI would contract by 1.6% this year, with GDP growth in the industrial sector at -1%. Many people bought cheap imported products rather than locally made items in 2024. The private sector said these low-cost imports mainly come from Chinese entrepreneurs who often sell the items via online platforms. The influx of Chinese products into Southeast Asia is harming Thailand’s trade, reducing its market share in the region and leading to a trade deficit with China, according to the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB). During the first half of 2024, imports of Chinese products increased by 7.12% year-on-year, with a value of US$37.5 billion, leading to a trade deficit of $19.9 billion, a year-on-year increase of 15.6%. In Southeast Asia, the market share of Thai electrical appliances fell to 11.5% in the first quarter of 2024, down from 12.7% year-on-year, while the market share of Thai-made cars fell to 18.7% for the period, dipping from 20.9%. Without government measures to protect Thailand against Chinese products, many local firms are likely to shut down, warned Payong Srivanich, chairman of the Thai Bankers’ Association, a key JSCCIB member. Various state agencies, led by the Commerce Ministry, are addressing the issue. They plan to sign a memorandum of understanding with e-commerce platforms by early 2025 to remove substandard imported products from their platforms. The Customs Department offered help by imposing the 7% value-added tax on imports valued at less than 1,500 baht to slow their sales, while the Thai Industrial Standard Institute increased the monthly inspection of products listed on online platforms. Workforce shrinks amid slump in sales Employment in Thailand’s automotive industry is on the decline, with key automakers announcing plans to reduce their headcounts this year amid sluggish domestic car sales. In November, Japanese manufacturer Nissan Motor said it would cut or transfer 1,000 jobs in the country under a plan to scale down production in Southeast Asia, according to media reports. The Yokohama-based firm needs to improve its work structure for greater efficiency, said Toshihiro Fujiki, president of Nissan Motor (Thailand). Likewise, Suzuki Motor Corporation announced in June it would close its car manufacturing base in Rayong by the end of 2025, opting to import electric cars instead as part of a plan to review the company’s global production structure. The move would reduce the company’s headcount by roughly 1,000 employees, said Wallop Treererkngam, executive vice-president of Suzuki Motor (Thailand). He said more layoffs in the automotive industry are possible if stagnant domestic sales persist. The Federation of Thai Industries (FTI) attributed the significant drop in car sales to banks and finance firms’ stricter criteria in the granting of auto loans for fear of non-performing loans amid concerns over the high level of household debt in the country. Though the Bank of Thailand said total household debt represented 89.8% of GDP in the second quarter of this year, down from 90.8% in the first quarter, the debt-to-GDP ratio remains high. There are 700,000 to 800,000 workers in the automotive, auto parts and electronic component supply chain in Thailand, according to the FTI. In addition to the debt issue, changes in automotive technology are also affecting employment. The shift away from internal combustion engine (ICE)-powered vehicles to electric vehicles has had a negative impact on auto parts manufacturers that are already accustomed to components produced for ICE cars, said Surapong Paisitpatanapong, vice-chairman of the FTI and spokesman for the club.
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Title: 26-Year-Old Tech Prodigy Suspected of Publicly Shooting Insurance Tycoon CEO While Carrying a Ghost Gun and Handwritten Documents