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The yield on the two-year U.S. Treasury note fell to a six-month low of 3.6550% and was last at 3.6611%.On April 4, local time on April 3, U.S. Secretary of Health and Human Services Robert Kennedy Jr. said that about 20% of the layoffs in the Department of Government Efficiency were wrong and needed to be corrected. The U.S. Department of Health and Human Services laid off about 10,000 people on the 1st. Kennedy said that people who should not have been laid off were laid off, and the department is restoring their positions. Kennedy said that canceling the entire lead poisoning prevention and monitoring department of the Centers for Disease Control and Prevention was one of the mistakes. At present, it is unclear what other projects Kennedy may plan to restore.Bank of Japan Governor Kazuo Ueda: Will consider the impact of food costs on consumers.On April 4, local time on the 3rd, the automobile company Stellantis said that due to the impact of the US import automobile tariff policy, the company decided to lay off 900 employees in its five US factories and suspend production operations at two assembly plants in Canada and Mexico. Antonio Filosa, Chief Operating Officer of Stellantis Americas, said that the US factories that were laid off were powertrain and stamping parts factories, which produced spare parts for two assembly plants in Canada and Mexico. According to the plan, the assembly plant in Canada will stop production for two weeks, and the assembly plant in Toluca, Mexico will suspend production throughout April. Filosa said the company is "continuing to evaluate the medium- and long-term impact of tariffs on operations."Bank of Japan Governor Kazuo Ueda: Non-weather factors may push up food prices.

Britain should severely restrict "fire risk" e-scooters

Aria Thomas

Mar 31, 2022 10:32

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(Reuters) – LONDON – Given the amount of injuries from illicit vehicles and the fire risks posed by their batteries, Britain should impose rigorous rules on electric scooters if their legal usage is expanded beyond current government trials, insurers said on Thursday.


According to the UK government, trials of shared rental e-scooters are going place in 31 locations of England this year.


However, privately owned e-scooters are already a common sight on city streets, despite the fact that their usage is forbidden outside of private property unless the owners grants permission.


According to official records, there were 882 accidents involving e-scooters in the fiscal year ending June 2021, resulting in 931 injuries, 732 of whom were e-scooter users.


"Illegal use of e-scooters now poses a considerable danger to riders, pedestrians, and other road users," said Chris Jones, director of legal and market services at the International Underwriting Association.


"It is critical that a suitable and effective regulatory framework be implemented as soon as possible."


In a letter to Transport Minister Grant Shapps, four insurance trade organizations demanded clear criteria on e-scooter design and safety equipment, including batteries, charging, brakes, and illumination, as well as if protective equipment is necessary.


The lithium batteries in e-scooters constituted a fire danger, and their movement and storage should be controlled, according to the trade associations.


They also suggested that the authorities look at how e-scooters are parked to ensure that they do not become a safety problem.