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On May 27, at the opening ceremony of the 20th Shenzhen International Financial Expo, Hong Danyi, Vice President of Tencent Financial Technology, announced that Tencents cross-border payment platform, TenPay Global, and PayPal World have achieved interconnection. PayPal users can now make purchases smoothly at tens of millions of WeChat Pay merchants in China. The first phase will be open to users in the United States.On May 27th, Futures News reported that, to further standardize the handling of preliminary procedures for coal-fired power projects and effectively improve the work efficiency of leagues, cities, and project construction units, the Development and Reform Commission of the Autonomous Region organized a service coordination meeting on energy conservation review and carbon emission assessment for coal-fired power projects on the afternoon of May 26th. The meeting, through policy interpretation and on-site Q&A, fully promoted the coordination of energy conservation review and carbon emission assessment services for coal-fired power projects. At the meeting, the Development and Reform Commission of the Autonomous Region systematically interpreted the latest policy requirements for energy conservation review of coal-fired power projects, deeply analyzed common problems in the project application process, clarified the list and standards for material submission, and, focusing on the core concerns of national review, provided detailed explanations of key aspects such as project energy efficiency levels, carbon emission control, and technical feasibility, providing clear guidance for project units and drafting agencies. Next, the Development and Reform Commission of the Autonomous Region will further strengthen overall coordination, proactively provide services, and solidly carry out all tasks such as joint assessment and demonstration and document preparation for preliminary projects.According to the Financial Times, the Czech Republic, Bulgaria, Poland, Romania, Greece, and Slovakia have called for an increase in carbon emission permits amid the global crisis and high energy prices.On May 27, local time, Irans Ministry of Intelligence issued a statement claiming that "hostile forces" are attempting to exert new pressure on Iran through "soft warfare," "cognitive warfare," and other "hybrid warfare" tactics. The statement said that, according to information obtained by Iran, the adversaries are currently focusing on seven areas: increasing economic pressure, exploiting social issues to incite public opinion, instigating ethnic and religious conflicts, carrying out terrorist attacks and sabotage, smuggling weapons and illegal communication equipment, launching cyberattacks, and conducting information warfare through foreign Persian-language media and social media platforms. The statement also indicated that the adversaries had attempted to launch ground operations from western and northwestern Iran using armed groups, but these plans were thwarted by Iran. The statement further accused some foreign media outlets of participating in information warfare and claimed that Iranian intelligence agencies had seized a large quantity of weapons and communication equipment.Scotiabank: The Bank of Canadas outlook is highly sensitive to the USMCA negotiations and geopolitical developments; it expects the Bank of Canada to raise its policy rate to 3% by the end of the year.

Amazon union vote counts are scheduled on Thursday; turnout in Alabama has decreased

Haiden Holmes

Mar 31, 2022 10:40

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Reuters reports that On Thursday afternoon, labor board authorities anticipate to begin tallying ballots cast by Amazon.com Inc warehouse employees in New York City and Alabama in separate races that will determine if Amazon sees a U.S. workplace unionize for the first time.


Amazon workers in Bessemer, Alabama, voted in a re-election after rejecting joining the Retail, Wholesale, and Department Store Union (RWDSU) by a more than 2-to-1 majority last year. After discovering that Amazon had tampered with the vote, the National Labor Relations Board (NLRB) ordered a rerun.


The RWDSU reported on Wednesday that voter turnout in Alabama was down from last year. In the current election, around 39 percent of the 6,143 employees authorized to receive postal votes voted, down from more than 50 percent in 2021.


Workers in New York City's Staten Island borough had several hours remaining to vote on Wednesday, although turnout was not yet known.


The counts for Bessemer and Staten Island are provisionally slated to begin at 1 p.m. Eastern Time on Thursday, but that might change, according to an NLRB representative. Counting might take many days.


According to John Logan, a labor expert at San Francisco State University, the low participation may speak well for Amazon's union supporters.


"Supporters are more likely to be strong union voters," he added, adding that generalization was difficult. "Even a close election will be a type of morale booster and moral win for the RWDSU."


Amazon forwarded questions about the vote count and turnout to the National Labor Relations Board.


Parties in the Bessemer election, according to the RWDSU, have disputed hundreds of votes as invalid for counting, citing, for example, voters' employment dates, job classification, or other concerns.


These issues will be resolved once the remaining votes are tallied, and they have the potential to change the result of a tight election.