Wednesday Briefing: U.S. House committee backs contempt charge against Trump aide Bannon

Wednesday, October 20, 2021

by Hani Richter

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Here's what you need to know.

U.S. House committee backs contempt charge against Trump aide Bannon, North Korea confirms submarine launch of new ballistic missile and the first test pig kidney transplant in a human.

Today's biggest stories

Former White House Chief Strategist Steve Bannon exits the Manhattan Federal Court, following his arraignment hearing for conspiracy to commit wire fraud and conspiracy to commit money laundering, in the Manhattan borough of New York City, New York, U.S. August 20, 2020. REUTERS/Andrew Kelly

U.S.

A U.S. congressional committee probing the deadly Jan. 6 assault on the Capitol voted unanimously in favor of contempt-of-Congress charges against Steve Bannon, a longtime aide to former President Donald Trump.

U.S. President Joe Biden heads to his birthplace of Scranton, Pennsylvania, to tout his social spending and infrastructure packages as fellow Democrats in Washington close in on a deal to pass the measures after weeks of bickering.

Thousands of unvaccinated workers across the United States are facing potential job losses as a growing number of states, cities and private companies start to enforce mandates for inoculation against COVID-19.

Families of the victims of the 2018 school shooting in Parkland, Florida, have reached a $25 million settlement with the Broward County school district, according to media reports.

A $325,000 donation by a company run by two former associates of Rudy Giuliani triggered an internal inquiry at a group supporting former President Donald Trump, a former official for the group testified in Manhattan federal court.

A new submarine-launched ballistic missile is seen during a test in this undated photo released on October 19, 2021 by North Korea's Korean Central News Agency (KCNA). KCNA via REUTERS

WORLD

North Korea test-fired a new, smaller ballistic missile from a submarine, state media confirmed, a move that analysts said could be aimed at more quickly fielding an operational missile submarine.

A Haitian gang that kidnapped a group of American and Canadian missionaries is asking for $17 million - or $1 million each - to release them, according to a top Haitian official.

Britain's hospitals are close to be being overwhelmed by a new wave of COVID-19 infections so tougher restrictions are needed, the health service's lobby group said, but the government said now was not the time for a new lockdown.

Ethiopia launched its second air strike this week on the capital of the northern Tigray region, stepping up a campaign to weaken rebellious Tigrayan forces in an almost year-old war.

Israel announced that it approved registration as West Bank residents for some 4,000 Palestinians who have been living for years in the Israeli-occupied territory without official status.

Facebook Chairman and CEO Mark Zuckerberg addresses the audience on "the challenges of protecting free speech while combating hate speech online, fighting misinformation, and political data privacy and security," at a forum hosted by Georgetown University's Institute of Politics and Public Service (GU Politics) and the McCourt School of Public Policy in Washington, U.S., October 17, 2019. REUTERS/Carlos Jasso

BUSINESS

Facebook, under fire from regulators and lawmakers over its business practices, is planning to rebrand itself with a new name that focuses on the metaverse, the Verge reported on Tuesday.

Bundesbank President Jens Weidmann
, a relentless critic of the European Central Bank's ultra easy monetary policy, will step down more than five years early, opening the door for Germany's new government to pick a less confrontational successor.

Executives, beware! You could become your own worst enemy. CEOs and other managers are increasingly under the microscope as some investors use artificial intelligence to learn and analyse their language patterns and tone, opening up a new frontier of opportunities to slip up.

British fashion house Burberry has named Jonathan Akeroyd as its new chief executive officer from next April, poaching the boss of Milan-based Versace and former Alexander McQueen head to succeed Marco Gobbetti.

Major economies will produce more than double the amount of coal, oil and gas in 2030 than is consistent with meeting climate goals set in the 2015 Paris accord to curb global warming, the United Nations and researchers said.

BREAKINGVIEWS

Agenda-setting insight from the international commentary brand of Reuters

Antonio Horta-Osorio is expelling ghosts at Credit Suisse. The Swiss bank’s new chair has settled a Mozambican scandal for $475 million, while a spying saga that toppled previous Chief Executive Tidjane Thiam has also been laid to rest. But the demons of collapsed clients Greensill Capital and Archegos Capital Management still linger, writes Liam Proud.

Quote of the day

“We shouldn’t have to show up quarterly/annually to push back against harmful content that negatively impacts vulnerable communities”

Ashlee Marie Preston

Protest organizer

Netflix workers stage walk-out over Chappelle transgender comments

Video of the day

Frida-inspired skulls grace Mexico City

Colorful skulls inspired by the Mexican artist Frida Kahlo decorate the streets of Mexico City, as the capital prepares for Day of the Dead celebrations.

And finally…

U.S. surgeons successfully test pig kidney transplant in human patient

For the first time, a pig kidney has been transplanted into a human without triggering immediate rejection by the recipient's immune system, a potentially major advance that could eventually help alleviate a dire shortage of human organs for transplant.

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