Proposes

FIFA proposes plan to sell stakes in the World Cup, angering UEFA | Football

Football’s world governing body announces plans to sell stakes of up to 20 percent in the World Cup and other events.

FIFA has proposed a plan to sell stakes in the World Cup and other events to private investors, provoking a furious response from the European football governing body, UEFA.

Under the plans announced by FIFA on Tuesday, a $20bn subsidiary would be created to run the World Cup and other events.

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World football’s governing body said it would retain a majority share in the new FIFA Forward Enterprise, offering minority stakes to external investment to raise up to $4.2bn.

The plan still needs to be voted on by FIFA’s 211 member nations.

If successful, the proposed investor group is expected to be led by a vehicle founded by Joshua Kushner, the brother of US President Donald Trump’s son-in-law, Jared Kushner, FIFA said.

UEFA said the proposal “crosses a line that football’s governing institutions should never cross”.

Reinvested in the game

FIFA has just held a 48-team World Cup across the United States, Canada and Mexico – the biggest in the tournament’s history.

It is one of the world’s wealthiest sporting organisations, generating billions of dollars, largely from broadcasting rights, sponsorship and other commercial deals linked to the World Cup.

But it says this proposal can increase funds to widen access to the sport and strengthen global participation, with all net benefits to be reinvested in football.

“Football is the world’s most popular sport,” FIFA President Gianni Infantino said in a statement.

“Parts of the game have turned that popularity into remarkable commercial value – and we celebrate that success and want it to continue, because it lifts the whole game.

“Our job is to make sure the rest of football grows with it: FIFA exists to support sustainable, inclusive development in every corner of the world.”

FIFA said that in addition to retaining sole control of the subsidiary, it would retain authority over football governance, competitions, match calendars and regulatory and sporting decisions.

‘World Cup is not a product’

The proposal deepens the divide between FIFA and UEFA, with Europe positioning itself as football’s custodian, while FIFA, a not-for-profit organisation, says it is focused on broadening access with financial largesse.

In a statement, UEFA said it takes the new proposals “extremely seriously”.

“So should every National Football Association. So should every stakeholder: leagues, clubs, players, supporters, governments and everyone who cares about the future of the game.

“The soul and governance of football are not assets to trade – especially with zero transparency as to who gains financially. None of us are the owners of football. It is not FIFA’s to sell.”

The United Kingdom’s new prime minister, Andy Burnham, joined critics, saying on social media that the sport does not belong to investors.

“The World Cup is not a product. It is the greatest competition in world sport, and it was never anyone’s to sell,” Burnham wrote on X.

“Dress the deal up however you like. Once you have sold a piece of it, you have sold out.”

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U.S. lawmaker proposes building most Navy ships in South Korea

1 of 4 | Korea Foundation and shipbuilding industry representatives attend a South Korea-U.S. shipbuilding and maritime innovation forum Thursday at RAND in Arlington, Va. Photo by Asia Today

July 17 (Asia Today) — A senior U.S. lawmaker proposed building as much as 80% of some American naval vessels in South Korea while reserving sensitive technology and final assembly for the United States.

Rep. Ami Bera of California, the top Democrat on the House Foreign Affairs subcommittee overseeing East Asia and the Pacific, said Thursday that relying exclusively on domestic shipyards was unrealistic because the United States lacks sufficient workers and production capacity.

Bera spoke at a South Korea-U.S. shipbuilding and maritime innovation forum hosted by the Korea Foundation and the RAND research organization in Arlington, Va.

“To say we are going to build everything in the United States is wrong,” Bera said, urging Washington to make greater use of allied manufacturing capacity.

He suggested that South Korean shipyards could produce hulls and other components accounting for 75% to 80% of a vessel, while highly sensitive systems could be manufactured and installed in the United States.

Bera also proposed a distributed construction model under which components would be produced at different locations before being brought to the United States for final assembly.

“If we do not have the workers or construction capacity in the United States, we have to build where ships can be built,” he said.

Bera said combining the capabilities of the United States and its allies would strengthen deterrence and help prevent a military conflict with China.

Technology controls and visas remain obstacles

Bera said President Donald Trump had discussed nuclear-powered submarine construction with South Korea.

Such cooperation would require the two countries to address technology sharing and export control restrictions, he said.

Bera cited the security partnership among the United States, Britain and Australia as a possible model for resolving issues related to joint naval construction.

The partnership, commonly known as AUKUS, includes plans for Australia to acquire nuclear-powered submarines with American and British assistance.

Bera also called on the United States to facilitate the entry of South Korean engineers and technicians needed to support investments by Korean shipbuilding companies.

He described the detention of more than 300 South Korean workers in Georgia in September as an “embarrassing fiasco” and said the visa problem must be resolved.

The United States has encouraged South Korean companies to invest in American manufacturing while immigration restrictions have complicated the deployment of specialized Korean personnel to construction sites and shipyards.

Expert says U.S. rebuilding could take decades

Shin Jong-gye, a professor emeritus of naval architecture and ocean engineering at Seoul National University, said China’s overall shipbuilding capacity by gross tonnage was more than 230 times that of the United States.

He said China had more than 50 dry docks large enough to accommodate aircraft carriers.

Newport News Shipbuilding in Virginia is the only U.S. shipyard capable of designing and building nuclear-powered aircraft carriers.

Shin said the United States must expand both its physical shipyard capacity and its ability to build vessels quickly and efficiently.

South Korea, Japan and China benefit from building commercial and naval vessels within the same industrial ecosystems, allowing them to share technology, workers and supply chains, he said.

The United States lacks a comparable commercial shipbuilding base and therefore cannot obtain the same economies of scale, Shin said.

South Korea, Japan and China together account for more than 95% of global commercial shipbuilding.

Shin said rebuilding an industry requires accumulated experience, technology and repeated construction cycles.

He estimated that rebuilding the U.S. shipbuilding sector independently could take 20 to 30 years, while cooperation with South Korea could significantly shorten the process.

Shin proposed initially building complete ships in South Korea while developing supply chains in the United States. American production could then be expanded gradually.

He said protecting South Korean intellectual property, providing appropriate compensation and resolving visa restrictions for Korean specialists would be essential.

Hanwha, HD Hyundai respond to Navy request

Michael Coulter, president and chief executive officer of Hanwha Defense USA, said protectionism was one of the largest obstacles to industrial cooperation.

He said South Korea and the United States often viewed each other primarily as export markets rather than partners sharing a common industrial base.

Coulter said the U.S. Navy had issued a request for information after consulting the South Korean government and Korean shipbuilders.

The request examined the possible use of a vessel construction manager who would help finalize a ship’s design before construction begins.

South Korean shipyards generally complete designs before starting construction, while U.S. Navy projects often undergo design changes after work has begun, increasing costs and delaying delivery, Coulter said.

The U.S. government has asked Hanwha about options ranging from building combat vessels and supplying motors to constructing hulls in South Korea before installing American technology, he said.

Coulter said, however, that the administration and Congress had not reached a unified position.

He called on the two countries to integrate portions of their industrial bases rather than treat each investment or contract as a conventional export transaction.

Hong Suk-hwan, president and chief executive officer of HD Hyundai USA, proposed a two-track strategy involving investment in U.S. shipyards and partnerships with existing American companies.

Hong said HD Hyundai had built about 5,000 vessels during the past 50 years and could apply its skilled workforce, manufacturing experience and supply network to the United States.

He also proposed a “bridge strategy” in which American workers would train at South Korean shipyards for about three years while ships were being constructed there.

The trained workers could then return to the United States as supervisors and production managers at American shipyards.

U.S. law limits overseas warship construction

Brittany Clayton, a senior operations researcher at RAND, said complicated U.S. defense procurement procedures, unpredictable orders and design changes during construction remained major barriers to cooperation.

The Navy, Defense Department and Congress all play roles in funding and policy decisions, making rapid action difficult, she said.

Clayton said companies needed consistent and predictable demand from the U.S. government before making long-term investments.

She also cited proposed legislation restricting the overseas construction of American combat vessels.

Rep. Jared Golden of Maine, whose district includes the Bath Iron Works shipyard, introduced an amendment to the fiscal 2027 defense authorization bill that would restrict foreign construction of combat ships.

Clayton said distributed construction could provide an alternative, with components built at multiple locations before being integrated and tested in the United States.

She also suggested beginning cooperation with strategic sealift vessels, which contain fewer sensitive military technologies than combat ships.

The Senate Armed Services Committee included language in its fiscal 2027 defense authorization legislation that would permit the acquisition of up to two noncombat vessels from allied shipyards, including bulk fuel carriers and strategic sealift ships.

Trump said Wednesday that his administration was examining shipbuilders in South Korea and other countries and could purchase some vessels built outside the United States.

Kristin Gunness of San Diego State University said the university had signed an agreement with Samsung Heavy Industries to establish a marine engineering and shipbuilding center.

She said the university was also developing exchange programs with Seoul National University and other South Korean institutions.

Shin proposed short-term educational programs involving retired South Korean professors and American universities to train ship designers and production managers.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260717010006342

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UK proposes voluntary overnight social media curfew for older teens | Social Media News

The latest government measure aimed at curbing digital harm comes after an under-16 social media ban was announced last month.

The United Kingdom has proposed an overnight social media curfew for older teenagers as part of the government’s latest push to protect minors from digital harm, though users will be permitted to bypass the restrictions.

The Labour administration announced the plans on Wednesday, outlining a six-hour default lockout from midnight to 6am for 16- and 17-year-olds on platforms such as Instagram, TikTok and YouTube.

Under the proposal, highly engaging mechanisms, such as autoplay videos and infinite scrolling, would also be deactivated by default for this age group to encourage better sleep and focus.

The initiative follows a June announcement by outgoing Prime Minister Keir Starmer, who unveiled a blanket ban on social media for children under 16 slated to take effect in 2027.

While the younger cohort faces a strict prohibition on major networks, ministers chose a softer approach for older adolescents.

The UK’s restrictions reflect a rapidly growing global crackdown on young people’s social media access. Australia made waves in December by enacting a world-first ban on social media for under-16s, which its government is already looking to tighten following studies showing that many teenagers easily bypass the restrictions.

The ban, which came into force on December 10, made Australia a global test case for countries trying to curb children’s access to social media.

A teenager holds her smartphone displaying the logo of US social network Instagram in Brussels on July 7, 2026. The European Commission estimated, on July 6, 2026, that the French bill banning social media access for children under 15 was not fully compatible with European Union law, while reaffirming its support for the initiative. Like France, Spain and Denmark are also working on the introduction of a digital age of majority to follow Australia's example, who became in December 2025 the first country to implement such a law. (Photo by Nicolas TUCAT / AFP)
A teenager holds her smartphone displaying the Instagram logo in Brussels on July 7, 2026 [Nicolas Tucat/AFP]

Defending the voluntary nature of the curfew, UK Secretary for Online Safety Kanishka Narayan rejected criticism that teenagers would simply disable the restrictions. He told Sky News that the government wanted to avoid outright bans for older teenagers, aiming instead for a “smooth slope” into adulthood.

“We want to empower our teenagers,” Narayan said, citing data from a pilot scheme and previous voluntary platform trials where more than 90 percent of teenagers kept the restrictive default settings active.

“The evidence base is clear, the motivation is very clear, and I wouldn’t do the disservice to teenagers of saying they’re all going to switch it off.”

However, political opponents and child safety advocates expressed scepticism about the policy’s efficacy.

Laura Trott, the education spokesperson for the opposition Conservative Party, dismissed the plans as illogical.

“Either they think 16- and 17-year-olds should be on social media or they don’t, but curfews they can simply switch off won’t achieve anything,” Trott said, according to the Associated Press news agency.

The National Society for the Prevention of Cruelty to Children, a prominent UK children’s nonprofit, welcomed the development, but warned that it was a temporary fix.

Chief executive Chris Sherwood cautioned that unless the government implements “further, stronger measures”, the policy will act only as a “sticking plaster” that fails to address the deeply addictive algorithms driving excessive screen time.

The proposals must still be formally legislated. Because they represent some of the final legislative steps of Starmer’s administration, the responsibility of implementing them is expected to fall to his anticipated successor, Andy Burnham.

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EPA proposes rollback of heavy duty diesel truck emissions regulation

July 9 (UPI) — The Trump administration on Thursday proposed to roll back a Biden-era rule on emissions from heavy duty diesel trucks because it is “unworkable.”

The Environmental Protection Agency proposed lowering requirements for heavy truck emissions systems because of issues with the technology for new trucks and penalties for older vehicles that do not measure up, the agency said in a press release.

The change is expected by the administration to save up to $6,000 per new truck and could help save truckers roughly $12 billion, Fox News and The Hill reported.

The change will shorten government requirements for engine warranties to 100,000 miles, from 450,000 miles, and will delay a requirement that trucks meet emissions standards for their first 650,000 miles — an increase from the first 435,000 miles — for three years.

“This proposal to eliminate engine deratements and reform the Biden-era … requirements will lower costs, increase safety and keep our nation’s food supply moving,” Secretary of Agriculture Brooke Rollins said in the release.

The Biden administration rule was aimed at strengthening rules about nitrogen oxide emissions by improving maintenance and repair requirements over a longer period of time.

Critics have said that the new rule will weaken clean air protections and potentially affect Americans’ health, but the administration has countered that lowering business and consumer costs are an essential focus and that environmental concerns are overblown.

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South Korean activist proposes satellite link for North Korea

From left, People Power Party lawmaker Song Seok-jun, Committee for Ten Million Separated Families Chairman Jang Man-soon and Kenneth Bae, president of New Korea Foundation International, attend a news conference opposing the South Korean government’s two-state approach to inter-Korean relations at the National Assembly in Seoul on Thursday. A sign-language interpreter is at far right. /Citizens’ Solidarity for ONE KOREA

June 25 (Asia Today) — A South Korean civic leader proposed creating a satellite communications network modeled on SpaceX’s Starlink to provide outside information to people in North Korea.

Jang Man-soon, chairman of the Committee for Ten Million Separated Families and a co-chair of Citizens’ Solidarity for ONE KOREA, called the proposed system “Korea Link.”

“If we place a system similar to Starlink over North Korea, we could inform North Koreans who have access to approximately 8.5 million mobile phones about the realities and conditions in South Korea,” Jang said during an interview Thursday at the National Assembly in Seoul.

The figure was Jang’s estimate and could not be independently confirmed.

Jang said the network could communicate the importance of freedom to North Korean residents and correct historical accounts and information distorted by the North Korean government.

He said it could also help North Koreans develop pride in the goal of Korean unification.

Jang argued that a new means of communication is necessary because traditional methods of reaching North Koreans, including radio broadcasts and border loudspeakers, have become increasingly restricted.

He said North Korean leader Kim Jong Un’s “two hostile states” policy is partly intended to isolate residents from outside information.

“North Korea is at a disadvantage in politics, economics, culture and military power, so the government is trying to block outside information from reaching its people,” Jang said.

Jang also discussed the declining prospects for families separated by the division of the Korean Peninsula and the 1950-53 Korean War.

“The wish of separated families is no longer simply to reunite with relatives,” he said. “It is to set foot in their hometowns.”

Many first-generation separated family members are now in their 90s, and few still have living parents in North Korea, he said.

“Their greatest wish is to visit their hometowns before they die,” Jang said.

He warned that public awareness of separated families is fading with each generation.

Jang called for expanded unification education for young people, opportunities to hear testimony from first-generation separated family members and educational visits to areas near the inter-Korean border.

“The reality is that only about half of the public now believes unification is necessary,” he said. “We are preparing various activities, including youth education, testimony from first-generation separated families and visits to border regions.”

Jang urged the South Korean government to participate in practical projects intended to support North Korean residents and preserve awareness of freedom and unification.

“If we view the people of North Korea as members of the same nation, I hope the government will participate in the practical plans we are pursuing,” he said.

“We must work together to establish a foundation that will allow future generations to understand the meaning of genuine freedom in the Republic of Korea.”

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260625010009002

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Brits could face £43 tourist tax as European city proposes entry fee hike

The mayor of Venice is proposing an increase to the city’s controversial tourist entry fee, which could see the charge rise to as much as €50 (around £43) in a bid to tackle overtourism.

Brits heading to a beloved European holiday hotspot could soon face a new £43 levy. Simone Venturini, the newly appointed mayor of Venice, is putting forward plans to significantly raise a contentious tourist charge for visitors entering the historic city.

In 2024, Venice made history as the first tourist destination to impose an entry fee, initially set at €5, approximately $4.30, on busy days spanning April to July. Additional days were subsequently added to the scheme, with the charge for last-minute visitors later rising to €10, roughly £8.60.

Politicians maintain that the levy would help alleviate overcrowding in the ancient city and would deter people from visiting during peak periods. This comes as approximately 30 million people annually are believed to flock to Venice.

Mr Venturini is now pushing to raise the entry fee to as much as €50. This, he argues, will “discourage people further from coming to Venice at certain times of the year”.

Speaking to Corriere della Sera, he said: “If today it ranges from €5 to €10, my proposal is to increase it to €30 to €50.”

Critics of the initiative however claim it has made minimal impact on tourist numbers. Most visitors reportedly view it as “relatively insignificant” when weighed against the cost of a single glass of wine or a pint, reports The Telegraph.

Venice has continuously grappled with the challenge of overtourism. This comes as the city’s population has plummeted from approximately 170,000 in 1950 to roughly 48,000 today.

Visitors to Venice consistently exceed the number of locals. However, there were concerns that a hefty entrance charge might put off tourists who were deemed less affluent.

Former city mayor Massimo Cacciari went so far as to describe the fee as “barbarous”. He said: “There is no other city in Italy or Europe where you have to enter with a ticket, as though it was a museum.

“It is barbarous, uncivilised and, in my opinion, against the constitution. It is simply obscene. I thought that Venturini would be more intelligent than his predecessor and would scrap the fee.”

One business owner, however, has urged for the charge to be increased even more substantially. Jewellery shop proprietor Setrak Tokatzian suggests the city ought to be introducing a €100 levy on visitors.

Tourism expert Doug Lansky, recognised as ReThinkingTourism online, reckons the €5 charge would be unlikely to put anyone off. In a YouTube video he said: “I predicted that €5 wouldn’t have any effect.

“I mean, €5 isn’t enough to get me to choose one dinner entre over another at a restaurant, I’ve paid that much for a cappucino or a bottle of water at a concert.”

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Flávio Bolsonaro proposes chemical castration and Bukele-style prisons in presidential platform

Brazilian Sen. Flávio Bolsonaro, a presidential hopeful and son of former President Jair Bolsonaro, unveiled a public security plan that includes chemical castration for convicted rapists and the construction of maximum-security prisons modeled after those implemented by Salvadoran President Nayib Bukele. File Photo by André Borges/EPA

June 18 (UPI) — Brazilian Sen. Flávio Bolsonaro, a presidential hopeful and son of former President Jair Bolsonaro, unveiled a public security plan that includes chemical castration for convicted rapists and the construction of maximum-security prisons modeled after those implemented by Salvadoran President Nayib Bukele.

Bolsonaro presented the proposals during an event on Faria Lima Avenue in São Paulo, where he launched “Brasil Sem Medo” (“Brazil Without Fear”), a package of 12 measures he described as “urgent” to combat organized crime if elected president.

“I support chemical castration for those convicted of sexual crimes,” the senator said during the event, according to Brazilian media reports.

Brazilian press reports confirmed that the lawmaker also proposed building five new maximum-security prisons based on the penitentiary model adopted by El Salvador, better known as the “Bukele model,” which has become a reference for conservative sectors across Latin America because of its crackdown on gangs.

“We will build five new maximum-security prisons based on the El Salvador model,” Bolsonaro said, noting that allied politicians have visited that country to gain firsthand knowledge of the security policies promoted by its president.

Other measures presented include lowering the age of criminal responsibility to 16 and to 14 for crimes considered heinous, increasing penalties and classifying criminal organizations as narco-terrorist groups, SBT News reported.

During the event, the senator was accompanied by former judge and Sen. Sergio Moro and Rep. Guilherme Derrite, the former public security secretary of the state of São Paulo.

Bolsonaro also called for support from the financial sector to combat money-laundering networks linked to organized crime.

“I want to ask the entire financial market for unity so that we can suffocate these narco-terrorist organizations,” he said.

Bolsonaro said that, if elected president, he would seek to designate the First Capital Command, known as PCC, Comando Vermelho and militias as narco-terrorist organizations, according to UOL Brasil.

“We will declare PCC, Comando Vermelho and the militias to be narco-terrorist organizations,” he said. “Any criminal armed with a rifle will be taken down by the security forces.”

The proposal comes weeks after the United States designated PCC and Comando Vermelho as international terrorist organizations.

The decision was formalized in early June by the administration of President Donald Trump and was welcomed by Flávio Bolsonaro, who held meetings in Washington before the announcement.

The government of President Luiz Inácio Lula da Silva has opposed adopting a similar classification in Brazil.

The issue comes amid growing tensions between Lula’s government and Bolsonaro allies in the United States.

During a news conference following the Group of Seven summit in France, Lula asked President Donald Trump not to intervene in Brazil’s elections and said the electoral process is exclusively a Brazilian matter.

“I think he knows very little about Brazil. If he knows it through his relationship with the Bolsonaro family, he knows very little about Brazil,” Lula said when asked about recent comments by Trump related to Brazil and the conviction of Eduardo Bolsonaro.

Brazil will hold general elections in October 2026. Lula da Silva remains one of the leading contenders and is tied in opinion polls with Flávio Bolsonaro.



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Trump administration proposes NDAs for federal employees to stop leaks

The Trump administration wants all current and future federal employees to sign nondisclosure agreements, part of a continuing crackdown on leaks to the media.

The notice in the Federal Register from the Office of Personnel Management posted Tuesday asked for comment on a draft NDA to be used by federal agencies for “both new and existing employees.”

“The form is intended to document Federal employees’ acknowledgment of, and agreement to comply with, current legal obligations to safeguard non-public, confidential, or proprietary information, created or obtained through their official duties, while expressly preserving the right to make disclosures authorized by law,” the notice said.

The Office of Personnel Management noted “several recent instances” where internal agency communications related to rulemaking and policy development were disclosed without authorization. It also discussed specific instances in which federal employees at the FBI and the Department of Homeland Security disclosed information without authorization about planned immigration enforcement actions.

In one case, the New York Times and Washington Post received unauthorized information on the U.S. raid on Venezuela in January and delayed “publishing what they knew to avoid endangering U.S. troops,” the request for comment said.

Representatives for the two newspapers did not immediately respond to a request for comment.

Ferreting out leaks that the administration deems harmful to its messaging has been a priority across multiple agencies since President Trump returned to the White House. As part of that crackdown, the FBI in January seized the electronic devices of a Washington Post reporter, a move that alarmed media organizations and advocates of press freedom.

One other notable incident occurred last year when dozens of reporters turned in their access badges at the Pentagon, rejecting new rules imposed by Defense Secretary Pete Hegseth that would leave journalists vulnerable to expulsion if they sought to report on information — classified or otherwise — that had not been approved by Hegseth for release.

The American Federation of Government Employees did not immediately respond to requests for comment.

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Bipartisan bill proposes $130 fee for electric vehicles

May 19 (UPI) — A bipartisan bill in the U.S. House is proposing a new $130 fee for registering an electric vehicle to help pay for transportation infrastructure.

The Five-Year Surface Transportation Reauthorization bill was introduced on Sunday by Reps. Sam Graves, R-Mo., and Rick Larsen, D-Wash. As proposed, it would require an annual $130 registration fee for electric vehicles and $35 for plug-in hybrids.

Graves said in a statement that the bill “ensures that electric vehicle owners begin paying their fair share for the use of our roads.”

Currently, the Highway Trust Fund is used to pay for county roads, bridges, railways and other infrastructure projects. The fund is filled by taxes on gasoline.

“The ‘user pays’ principle has been fundamental to how we fund our nation’s surface transportation system for as long as I’ve been in Congress,” Larsen said in a statement. “I support that principle and worked to make sure that this new fee on EVs is fair and not punitive.”

Albert Gore III, executive director of the Zero Emission Transportation Association, said the fees would penalize electric vehicle owners. The organization estimates that the fee is higher than what is collected on the gas tax on a per-consumer basis.

The federal gasoline tax is about $0.18 per gallon. It has not changed since 1993.

“I don’t argue that the number should be zero, but the number should be fair,” Gore said.

Congress eliminated electric vehicle subsidies last year, totaling about $7,500 per vehicle, as part of an effort to peel back sustainability and environmental efforts enacted under the Biden administration.

Fees on electric vehicle owners are in place in at least 41 states,

Vice President JD Vance speaks during a news conference on anti-fraud initiatives in the Indian Treaty Room of the Eisenhower Executive Office Building at the White House on Wednesday. Photo by Daniel Heuer/UPI | License Photo

including Colorado and New Jersey, ranging from $50 to $260.

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Presidential official proposes ‘public dividends’ from AI-driven boom

Presidential chief of staff for policy Kim Yong-beom, seen here at Cheong Wa Dae on April 27, on Tuesday proposed introducing public dividends to share in an AI-driven economic boom. File Photo by Yonhap

The presidential chief of staff for policy on Tuesday proposed introducing public dividends to distribute the “fruits” from an artificial intelligence (AI)-driven economic boom.

Kim Yong-beom made the suggestion in a Facebook post, as the benchmark Korea Composite Stock Price Index (KOSPI), the country’s main stock index, was heading toward the record-high 8,000-point mark, driven by gains in chipmakers, including Samsung Electronics Co. and SK hynix Inc.

The companies posted record-high profits in the first quarter, highlighting their leadership in the global chip market amid the AI boom.

“The fruits of the AI infrastructure era are not the results generated by certain companies alone … they were produced on a foundation that all the people have built together over half a century,” the presidential policy chief wrote.

He argued that deliberating on how to use the proceeds would “not be optional but necessary if (the companies’) strategic advantage in the distribution network for AI infrastructure creates a structural upcycle and that, in turn, leads to record-breaking tax revenues.”

“Part of these fruits should be structurally returned to the people,” he said.

Kim referred to cases of foreign countries “socially institutionalizing structural excess profits,” such as Norway’s oil-generated profits in the 1990s, and suggested “public dividends” as the name for the program should South Korea introduce such a system.

The policy chief also listed a fund for young entrepreneurs launching startups, a pension program for the elderly and a fund for retraining in the AI era as possible areas that could benefit from the initiative, while stressing the need for social consensus in making such a decision.

“There’s a possibility that South Korea could become the first country to return excess profits from the AI era into people’s lives,” he noted.

Cheong Wa Dae later clarified that Kim’s proposal has nothing to do with any internal discussion or review at the presidential office, describing it as a “personal opinion.”

Copyright (c) Yonhap News Agency prohibits its content from being redistributed or reprinted without consent, and forbids the content from being learned and used by artificial intelligence systems.

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Will work for free? Trevor Bauer proposes a ‘$0 salary’ MLB contract

Trevor Bauer wants to pitch in the majors again — so much so that he’s willing to start over in the lowest levels of the minor leagues and work his way up.

And he’s willing to do it without being paid.

That’s the hypothetical Bauer proposed Friday on X: A talented former Cy Young Award winner signs a minor league deal with an MLB team for a “$0 salary” and can be cut at any time at no financial risk to the organization.

Since his last MLB start on June 28, 2021, as a member of the Dodgers with a $102-million, three-year contract, Bauer has been accused of sexual assault by four women. He served a 194-game suspension for violating the league’s sexual assault and domestic violence policy. He has denied all the allegations and has never been charged with a crime.

While some might think signing Bauer might be a risky move for an MLB organization, Bauer feels his plan is foolproof in that regard.

“Hypothetical: You’re the owner of an MLB team,” Bauer wrote. “I offer to take $0 salary and sign a minor league contract and go to Low A. If the ‘he sucks now’ crowd is right and I get lit up, you cut me, lose $0 and there’s no risk to the big league club.

“If the ‘clubhouse cancer’ crowd is right, you see it immediately at Low A and cut me. You lose $0 and there’s no risk to the big league club. If there’s massive negative PR, which we already know there won’t be, you just cut me and move on. The story is dead in a couple days, you lose $0, and there’s no risk to the big league club.”

In the comments on Bauer’s post, someone challenged him on the notion that “we already know there won’t be” any negative PR if he is signed. In response, Bauer pointed to his current stint with the Long Island Ducks of the independent Atlantic League to support his argument.

“Where has the negative PR been?” wrote Bauer, who is 3-1 this season and pitched a no-hitter for the Ducks late last month. “I’m playing in America. In New York of all places. Most ‘hostile’ media market in the United States. Stadiums are sold out when I pitch. There’s no boycotts. No media frenzy. Where is it?”

Bauer wrote in his proposal that if none of the negatives he laid out earlier happen, then the organization can promote their cost-free pitcher through the ranks, re-evaluating him every step of the way, until he reaches the big leagues — “if I earn it,” he wrote, “which you’d be 100% in control of deciding.”

“If you don’t think I’m good enough, you lose $0 and there’s no risk to the big league club,” Bauer wrote. “You could take away my ‘antics’. You could take away my social media. You could ask anything of me. If I don’t comply, you cut me, lose $0, and there’s no risk to the big league club.”

One X user asked why Bauer doesn’t just take away his “antics” on his own.

“Because no teams actually care about that,” Bauer responded. “They enjoy the content. And I’m not going to rob baseball fans of great baseball entertainment just to solve a problem that only exists in the minds of x bots.”

Informed that the MLB Players Assn. might have an issue with him playing for free, Bauer replied, “Who gives a crap about what mlbpa does or doesn’t want?”

This isn’t the first time Bauer has made what he considers to be a low-risk proposal for an organization to bring him back into the league. In 2024, Bauer spoke with The Times’ Bill Shaikin about an offer he made to play for the league minimum.

“The reason for that was, I want to go back to work, and I am trying to find any way that I possibly can to limit the risk and exposure for a team,” Bauer said. “I realize there are a lot of other things, outside of the on-field stuff, that go into whether to sign me. So I figured that, if I could limit the on-field risk as much as possible, perhaps that offsets some of the other perceived risks.”

It remains to be seen whether any club is willing to take up Bauer on his current offer.

“What logical reason is there to not do this?” Bauer wrote. “At worst, you cut me and there’s no risk to the big league club. At best, you get a Cy Young winner for $0 who you know can still pitch and could help the big league team if and when you see fit.”

Former Miami Marlins president David Samson weighed in on Bauer’s proposal in a post on X.

“This will never happen,” Samson wrote. “First of all, no team wants to sign him. Secondly, no player is allowed to play for $0. And finally, no team wants to sign him.”



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