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The chief of staff of Ukrainian President Zelensky said that Ukraine expects U.S. special envoys Witkov and Kushner to lead a delegation to Kyiv this month to push for the resumption of peace talks.Slovak Prime Minister: In view of the energy crisis, the EU should lift sanctions on Russian oil and gas, restart the Friendship pipeline, and end the Russia-Ukraine conflict.On April 4th, local time, Ukrainian President Volodymyr Zelensky and Turkish President Recep Tayyip Erdoğan held a formal meeting at the Dolmabahçe Palace in Istanbul. The meeting was conducted behind closed doors and not open to the media. The agenda reportedly focused on three main areas: first, the current development of bilateral relations between Ukraine and Turkey, aiming to further deepen cooperation in various fields; second, regional development issues, exploring common development paths within the context of the regional situation; and third, promoting the establishment of a ceasefire mechanism in the Russia-Ukraine conflict and seeking a long-term solution, with particular emphasis on efforts made within the framework of the Istanbul Process.On April 4th, a source told CNBC that the U.S. Senate Banking Committee will hold a hearing on April 16th to consider Kevin Warshs nomination as Federal Reserve Chairman. Another criminal investigation surrounding the Fed is ongoing, examining whether current Chairman Jerome Powell made false statements to Congress regarding the expensive renovation of the Feds office buildings. Warshs nomination process is still progressing, potentially creating a conflict between the two parallel processes pushed by the Trump administration. Banking Committee member Thom Tillis has stated that he will not vote to confirm Warsh until the investigation is complete, meaning Trump cannot proceed with both processes simultaneously. However, by continuing to push forward with the hearings, Trump is clearly still trying to achieve this goal. The Senate Banking Committee has not yet included the hearings in its public schedule.According to CNBC, the U.S. Senate Banking Committee will hold a hearing on April 16 regarding the nomination of Kevin Warsh as chairman of the Federal Reserve.

California environmental inquiry costs Stellantis subsidiary $5,6 million

Charlie Brooks

Oct 14, 2022 15:04

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Thursday, state officials stated that Stellantis subsidiary FCA US will pay $5.6 million to settle an investigation into violations of California's air quality rules.


According to the California Air Resources Board (CARB), among the 30,600 affected vehicles are Ram 1500, Jeep Grand Cherokee, and Dodge Durango models from 2012 to 2018 equipped with 5.7L gasoline engines that did not fulfill certification emission requirements.


FCA will pay a $2.8 million civil penalty and an additional $2.8 million to enhance the number of electric school buses within the South Coast Air Basin. CARB reported FCA's cooperation with the investigation into the emissions problem discovered during state testing.


This instance demonstrates why CARB's compliance testing is so important for safeguarding the state's air quality and public health, according to CARB Executive Officer Steven Cliff.


Stellantis commented on Thursday, "While we accept responsibility, this does not align with our long-term goals," adding that the company is striving to create 25 electrified vehicles in the United States by 2030.


In June, FCA US pleaded guilty to criminal conspiracy and agreed to pay around $300 million to settle a diesel emissions fraud investigation conducted by the Justice Department.


The Justice Department asserted that FCA US utilized deceptive software features to evade regulatory monitoring and fraudulently help diesel vehicles in complying with pollution laws.


In a diesel class action case, FCA US already paid a $311 million civil penalty and more than $183 million in compensation to over 63,000 claimants.


This is the second settlement FCA and California have struck in the past four years.


In 2019, CARB and FCA negotiated a settlement regarding FCA's alleged use of "defeat device software" to circumvent emissions testing on over 100,000 diesel vehicles nationwide.


California was awarded over $78 million of the $500 million settlement.


FCA merged with the French carmaker PSA in 2021 to form Stellantis.