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On June 7, according to the Islamic Republic News Agency (IRNA), Iranian First Vice President Ariff stated that all senior officials are completely aligned on Irans negotiating strategy and refuted any claims of disagreement regarding the negotiating text or agenda. Ariff stated that Tehran has adopted a clear and coordinated approach in the negotiations. He said, "Iran has developed a clear strategy in the negotiations, and all officials are implementing it in a fully coordinated manner." He added that officials "have no disagreement on the negotiating text and agenda." He was referring to the ongoing indirect negotiations between Iran and the United States, aimed at permanently ending the war waged by the United States and Israel against Iran. Ariff also emphasized Irans experience in dealing with two wars, stating that Iran has drawn valuable crisis management experience from them.June 7th - According to Nikkei, while major cities worldwide are expanding their tree cover to curb rising summer temperatures related to climate change, the number of street trees in Japan has plummeted from its peak, with a shift towards planting species with limited canopy growth. According to statistics from the University of Tokyo, Tokyos canopy cover (the percentage of land area covered by branches, trunks, and leaves) has decreased from 9.2% in 2013 to 7.3% in 2022. This means that approximately 12 square kilometers of shaded area disappeared during this period, roughly equivalent to 250 large baseball fields. Even Phoenix, the capital of Arizona, a desert-surrounded city, has a higher tree cover than Tokyo, reaching 11% in 2024.British Airways CEO said that if fuel costs remain high, airfares will rise again.June 7th - According to recent news from Japan, due to the deteriorating situation in the Middle East, aviation fuel prices continue to rise. All Nippon Airways (ANA) and Japan Airlines (JAL) have basically decided to significantly increase fuel surcharges for international routes booked in July and August. The one-way fuel surcharge for North American and European routes booked in May and June has already reached 56,000 yen (approximately 2,363 yuan), and is expected to increase further, potentially breaking the record and reaching 65,000 to 70,000 yen (approximately 2,743 to 2,954 yuan). The specific increase is currently being coordinated with the Ministry of Land, Infrastructure, Transport and Tourism and other departments, and will be finalized soon. It is understood that ANA and JAL have already significantly increased their international fuel surcharges for June, with an increase of over 70% compared to April and May.APK-Inform has revised its 2026 wheat production forecast for Ukraine upward to 21.7 million tons from 19.9 million tons. It has also revised its 2026 grain production forecast for Ukraine upward to 58.7 million tons from 56.9 million tons.

Bankman-Fried says he will testify before U.S. House committee

Jimmy Khan

Dec 05, 2022 15:28

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Sam Bankman-Fried, the founder of FTX, announced on Twitter on Sunday that he would appear before the House Financial Services Committee once he had "learned and reviewed" the circumstances surrounding his cryptocurrency exchange's spectacular collapse.


As part of its investigation into the demise of FTX, the U.S. House Financial Services Committee intends to hold a hearing in December. Participants are expected to testify, including founder and CEO Bankman-Fried.


Bankman-Fried was invited by Committee Chair Maxine Waters last week to take part in the panel's hearing on December 13.


The founder and former CEO of FTX replied to Waters, saying, "Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain."


Bankman-Fried added that he wasn't certain whether that would occur prior to December 13.

After his company's collapse stunned investors and left creditors facing losses totaling billions of dollars, he rejected claims of fraud in several interviews last week.


After a week in which a potential merger with rival cryptocurrency exchange Binance fell through, Bankman-Fried was accused of diverting customer deposits to FTX's associated trading firm Alameda Research, and the exchange saw withdrawals of about $6 billion in just 72 hours, FTX declared bankruptcy in November.


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