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Putin Signs Decree Allowing Seizure Of Americans’ Assets If US Confiscates Russian Holdings

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President Vladimir Putin has signed a decree empowering Russia to seize assets from US corporations and individuals to compensate for any Russian assets confiscated in the US.

The mandate was published on the Russian government’s legal web on Thursday, as senior finance officials from the Group of Seven industrialized nations began a summit where the issue of what to do with Russian assets frozen in the West was at the forefront of the agenda.

Putin Signs Decree Allowing Seizure Of Americans’ Assets If US Confiscates Russian Holdings

Ukraine and several of its allies have asked for the confiscation of $260 billion in Russian assets held outside of the nation following Russia’s invasion on February 24, 2022. However, European officials have refused, citing legal and financial stability concerns.

putin

Putin | Reuters Image

Putin Signs Decree Allowing Seizure Of Americans’ Assets If US Confiscates Russian Holdings

However, in April, US President Joe Biden signed the Rebuilding Economic Prosperity and Opportunity for Ukrainians Act, which authorizes the administration to collect around $5 billion in Russian state assets in the United States. The legislation was included in a US aid package for Ukraine and other countries, which includes approximately $61 billion for Ukraine’s defense.

However, the United States will likely seize the assets with the approval of the other Group of Seven nations and the European Union.

putin

Putin | Poltico Image

Putin Signs Decree Allowing Seizure Of Americans’ Assets If US Confiscates Russian Holdings

According to Putin’s directive, Russian firms, the central bank, and individuals can appeal to Russian courts to have the seizure of property in the United States declared unreasonable. If the court approves, a government commission will give assets as compensation, which might include property owned by US people or companies in Russia and equities and interests in Russian enterprises.

SOURCE – (AP)

Kiara Grace is a staff writer at VORNews, a reputable online publication. Her writing focuses on technology trends, particularly in the realm of consumer electronics and software. With a keen eye for detail and a knack for breaking down complex topics, Kiara delivers insightful analyses that resonate with tech enthusiasts and casual readers alike. Her articles strike a balance between in-depth coverage and accessibility, making them a go-to resource for anyone seeking to stay informed about the latest innovations shaping our digital world.

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Trump Fears Biden Moving the US Closer to Nuclear War with Russia

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Biden Moving the US Closer to Nuclear War
A military aide carries the nuclear football: Getty Images

Former President Donald Trump stated in an interview that he was far more concerned about the possibility of nuclear war than global warming in an interview with Fox’s Sean Hannity.

The presumptive Republican presidential nominee spoke with the Fox News host Sean Hanity on the election and his recent guilty verdict in a New York court over hush money payments to Stormy Daniels, but he also explored what a second Trump term might entail, particularly on foreign policy.

Trump, who has previously discounted the possible impact of global warming, brought up the parallel while critiquing President Joe Biden’s comments on climate change.

He said: “I love this country. I don’t want to see this country get into a nuclear war and be so badly damaged. What we say won’t matter, this place won’t matter, nothing will matter because practically nothing is going to be here any more. The level of power in weaponry, that’s real weaponry. That’s worse than the weaponry we were talking about a little while ago.

“This is obliteration, maybe world obliteration, and we have a man is not capable of discussing it. The only global warming that matters to me is nuclear global warming. Because that’s the real deal.

Biden taking us closer to nuclear war

“He [Biden] said it’s an existential threat. And he doesn’t know why! What is it, it’s weather. And in a certain way, and in a very powerful way, I’m an environmentalist. I want clean air, I want clean water. But this is not an existential threat.

“Tomorrow, we could have a war that could be so devastating that you could never recover from it. Nobody can, the whole world won’t be able to recover from it. And he’s talking about something happening 400 years from now.”

During the 2024 campaign, Trump has been particularly critical of Biden’s foreign policy, claiming that the Russia-Ukraine crisis would not have occurred if he had won a second term in 2020. He has also stated that if elected president again, he will be able to resolve the conflict in less than 24 hours.

More than two years of conflict in Ukraine have heightened fears of a nuclear clash between Russia and NATO members that support Kyiv.

High-ranking Russian officials have hinted at the potential of a nuclear battle, and Poland has offered to host NATO nuclear weapons following Moscow’s delivery of tactical nuclear armaments to Belarus, a crucial Kremlin ally.

US is failing to maintain its nuclear arsenal

Meanwhile, according to the Heritage Foundation, the United States’ ability to discourage adversaries from attacking us and our closest allies and partners has reached a low point since the Cold War ended.

China and Russia’s nuclear arsenals and ambitions are expanding unabated, while America’s ineffective response leaves it vulnerable to blackmail. Despite a clear and expanding list of dangers, the United States is failing to maintain its nuclear weapons or plan for the future.

These failures will have serious implications if not corrected immediately. President Joe Biden must make restoring the nation’s strategic nuclear deterrent his top priority.

The president should direct the Pentagon to conduct formal feasibility and utility studies on a number of new nuclear systems, including potentially hypersonic nuclear delivery systems, ground-launched options, and variations on existing air- and sea-launched cruise missiles.

He should then urge the secretaries of state and defense to begin talks and planning to increase the United States’ nuclear force footprint, including the prospective stationing of nonstrategic nuclear weapons in the Pacific, major Asian countries, and Europe.

Deterring a strategic attack on the United States is the government’s primary objective. There is no bigger mission, and America’s nuclear arsenal is its most powerful weapons of deterrence.

Source: NewsWeek, Heritage Foundation

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Microsoft Delays Controversial AI Recall Feature On New Windows Computers

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Microsoft | AP News Image

REDMOND, Wash. – Customers will begin receiving new laptops running Microsoft Windows next week, minus a key function called Recall that raised privacy and cybersecurity worries.

At a showcase event last month, Microsoft CEO Satya Nadella hailed the new Recall function, calling it a step closer to artificial intelligence robots that “instantly see us, hear, reason about our intent and our surroundings.”

microsoft

Microsoft | AP News Image

Microsoft Delays Controversial AI Recall Feature On New Windows Computers

To help someone recall what they did previously, Recall regularly shoots pictures of a computer screen to provide Microsoft’s AI assistant Copilot with a “photographic memory” of a person’s virtual activities.

Nadella declared in May, “We’re entering this new era where computers not only understand us but can actually anticipate what we want and our intent.”

microsoft

Microsoft | AP News Image

Microsoft Delays Controversial AI Recall Feature On New Windows Computers

However, on Thursday the firm announced that it will be postponing a “broadly available” Recall preview that was scheduled to be available with new PCs beginning on Tuesday.

Initially, a limited group of people who are a part of the Windows Insider software testing program will receive it. According to a statement by Microsoft’s corporate vice president of Windows and devices, Pavan Davaluri, those knowledgeable early adopters will “ensure the experience meets our high standards for quality and security.”

The software behemoth debuted a new line of AI-enabled personal computers at its yearly Build event last month, facing increased competition from Big Tech competitors in the pitching of generative AI technology that can create images, write documents, and function as a lifelike personal assistant at home or at work.

microsoft

Microsoft | AP News Image

Microsoft Delays Controversial AI Recall Feature On New Windows Computers

Along with new high-end PCs produced by Microsoft partners Acer, Asus, Dell, HP, Lenovo, and Samsung, the new AI capabilities in Microsoft’s Windows 11 operating system will be available on Microsoft’s Surface range of devices.

SOURCE – (AP)

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Tony Award-Winning Broadway Producer Ron Simons Dies At 63

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Ron Simons | AP News Image

New York – Ron Simons was an actor who became a powerful movie and stage producer, garnering four Tony Awards and having multiple films chosen for the Sundance Film Festival. He was sixty-three.

SimonSays Entertainment, his production firm with headquarters in New York, announced Ron’s passing on Wednesday but provided no other information.

The production firm announced on Facebook, “It is with heavy hearts that we share the unexpected passing of our beloved, blessed, and highly favored friend, Ronald Keith Simons.”

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Ron Simons | AP news Image

Tony Award-Winning Broadway Producer Ron Simons Dies At 63

Producing “Porgy and Bess” (with Norm Lewis and Audra McDonald), “A Gentleman’s Guide to Love and Murder” (with Jefferson Mays), “Vanya and Sonia and Masha and Spike” (with Sigourney Weaver), and “Jitney” (with John Douglas Thompson) brought Ron Tony Awards.

He also co-produced “Hughie,” which starred Forest Whitaker, “The Gin Game,” which starred Cicely Tyson and James Earl Jones, “Ain’t Too Proud: The Life and Times of The Temptations,” an all-Black version of “A Streetcar Named Desire,” the revival of “for colored girls who have considered suicide/when the rainbow is enuf,” and the original “Thoughts of a Colored Man.”

Following George Floyd’s passing and the first full season since Ron was happy to see Broadway deliver one of its most varied Tony slates.

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Ron Simons | Micra Image

Tony Award-Winning Broadway Producer Ron Simons Dies At 63

“I have never seen so many people of color represented in all Tony Award categories,” he said to The Associated Press. That impressed and lifted me.

Filmwise, Ron produced “Night Catches Us,” starring Kerry Washington, Anthony Mackie, and Wendell Pierce; “Gun Hill Road,” starring Esai Morales and Judy Reyes; “Blue Caprice,” starring Isaiah Washington and Tequan Richmond; and “Mother of George,” starring Danai Gurira.

After graduating from Columbia College with a bachelor’s degree, Columbia Business School with an MBA, and the University of Washington with an MFA, Ron worked for Microsoft as a product manager before deciding to shift his path and go into entertainment.

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Ron Simons | CBC News Image

Tony Award-Winning Broadway Producer Ron Simons Dies At 63

As an actor, he debuted at the Classical Theatre of Harlem, the Utah Shakespeare Festival, Cincinnati Playhouse in the Park, and Seattle Repertory Theatre.

Along with small screen roles in “The Resident,” “Law & Order,” “Law & Order: Criminal Intent,” and “Law & Order: SVU,” he starred in the movies “27 Dresses” and “Mystery Team.”

SOURCE – (AP)

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