On Saturday (November 19), US Vice President Kamla Harris met Chinese President Xi Jinping and had&nbsp;a brief meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) in Bangkok, the White officials confirmed.&nbsp;

The meeting was held days after the Chinese president had an extensive meeting with US President Joe Biden during their visit to the G20 summit. Both presidents had a meeting for nearly three hours and discussed several political, economical and social issues. The major focus was held on Ukraine, climate&nbsp;change and ways to strengthen US-China relations, AFP reported.&nbsp;

<a href="https://www.wionews.com/world/us-is-here-to-stay-kamala-harris-reaffirms-position-on-asia-at-apec-summit-535332">Also read |&nbsp;'US is here to stay': Kamala Harris reaffirms position on Asia at APEC summit</a>

The official said&nbsp;that the US vice president reiterated Biden's view that, "We must maintain open lines of communication to responsibly manage the competition between our countries."

The meeting came after North Korea tested a ballistic missile on Friday, and the US wants the Asian country to restrain its ally. In order to voice a forceful denunciation of North Korea, Harris also convened crisis talks on Friday with the Prime Ministers of Japan, Australia, Canada, New Zealand and South Korea.&nbsp;

The US official said, "We do think that Beijing has a role to play.&nbsp;China should use its influence to persuade North Korea "not to go in this provocative direction, which only destabilises the region and the world."

Additionally, the US has put pressure on China to restrict its assistance to Russia in its invasion of Ukraine and US officials are cautiously optimistic that Beijing hasn't supplied any weapons.&nbsp;

<a href="https://www.wionews.com/world/biden-xi-meeting-us-president-promises-no-new-cold-war-with-china-after-three-hour-meeting-534180">Also read |&nbsp;Biden-Xi meeting: US prez vows no 'new cold war' with China following their first talks</a>

The Biden-Xi summit and the quick meeting with Harris come before the Secretary of State Antony Blinken's anticipated trip to China.&nbsp;

During his meeting with Xi, Biden said that he doesn't anticipate an "imminent" invasion of Taiwan.&nbsp;

Tensions between the United States and China rose particularly over Taiwan, an island country that Beijing claims is a part of its territory.&nbsp;

This is Xi's second travel since the pandemic, and he&nbsp;has already met with several foreign leaders in Bangkok and earlier this week at a summit of the Group of 20 in Bali.

(With inputs from agencies)

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On Saturday (November 19), US Vice President Kamla Harris met Chinese President Xi Jinping and had a brief meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) in Bangkok, the White officials confirmed.

On Saturday (November 19), US Vice President Kamla Harris met Chinese President Xi Jinping and had a brief meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) in Bangkok, the White officials confirmed. The meeting was held days after the Chinese president had an extensive meeting with US President Joe Biden during their visit to the G20 summit. Both presidents had a meeting for nearly three hours and discussed several political, economical and social issues. The major focus was held on Ukraine, climate change and ways to strengthen US-China relations, AFP reported. Also read | 'US is here to stay': Kamala Harris reaffirms position on Asia at APEC summit The official said that the US vice president reiterated Biden's view that, "We must maintain open lines of communication to responsibly manage the competition between our countries." The meeting came after North Korea tested a ballistic missile on Friday, and the US wants the Asian country to restrain its ally. In order to voice a forceful denunciation of North Korea, Harris also convened crisis talks on Friday with the Prime Ministers of Japan, Australia, Canada, New Zealand and South Korea. The US official said, "We do think that Beijing has a role to play. China should use its influence to persuade North Korea "not to go in this provocative direction, which only destabilises the region and the world." Additionally, the US has put pressure on China to restrict its assistance to Russia in its invasion of Ukraine and US officials are cautiously optimistic that Beijing hasn't supplied any weapons. Also read | Biden-Xi meeting: US prez vows no 'new cold war' with China following their first talks The Biden-Xi summit and the quick meeting with Harris come before the Secretary of State Antony Blinken's anticipated trip to China. During his meeting with Xi, Biden said that he doesn't anticipate an "imminent" invasion of Taiwan. Tensions between the United States and China rose particularly over Taiwan, an island country that Beijing claims is a part of its territory. This is Xi's second travel since the pandemic, and he has already met with several foreign leaders in Bangkok and earlier this week at a summit of the Group of 20 in Bali. (With inputs from agencies) WATCH WION LIVE HERE

US VP Kamala Harris meets Chinese President Xi Jinping at APEC in Bangkok, calls for 'open talks'

Police in Rome are searching for a possible serial killer after three dead bodies were discovered in two apartments in the upmarket district of Prati, reported the Guardian.&nbsp;Out of the three women killed, two were sex workers of Chinese nationality aged between 40 and 50. The body of one of the slain women was discovered on the apartment's doorstep by the building's porter on Thursday morning, while the other body was discovered inside. The third dead woman was identified as Marta Castano Torres, also a sex worker, whose body was found by her sister in a basement apartment on a nearby street.

Also read |&nbsp;<a href="https://www.wionews.com/world/drought-reveals-ruins-of-ancient-bridge-in-rome-493615">Drought reveals ruins of ancient bridge in Rome</a>

As reported by the Guardian, stab wounds were found on the throat, chest and back of the bodies of the women. Rome Police are now working on a theory that suggests all three women were murdered by the same person.

The incident took place in an elegant neighbourhood of the city, just a few hundred metres from Italy's Supreme Court, where recently an increase has been reported in criminal networks operating prostitution rackets from apartments.

Also read |&nbsp;<a href="https://www.wionews.com/technology/italy-bans-facial-recognition-tech-use-limited-to-fighting-crime-534265">Italy bans facial recognition tech, restricts use to fighting crime</a>

The murders have renewed the calls for regulating the profession of prostitution in Italy. Street prostitution is allowed in the country; however, organised prostitution and brothels are strictly prohibited under Italian law.&nbsp;

Ermina Gbido from the Committee for the Civil Rights of Prostitutes said, “These murders are horrific.” She added, “For sure, there are criminal networks that manage sex workers in apartments, exploiting them and making them go from apartment to apartment, working long hours. This is a nasty business. But we also need to understand that there are those who want to do this work but cannot do it in a place of safety as the norms do not allow it.”

(With inputs from agencies)

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Police in Rome are searching for a possible serial killer after three dead bodies were discovered in two apartments in the upmarket district of Prati, reported the Guardian.

Police in Rome are searching for a possible serial killer after three dead bodies were discovered in two apartments in the upmarket district of Prati, reported the Guardian. Out of the three women killed, two were sex workers of Chinese nationality aged between 40 and 50. The body of one of the slain women was discovered on the apartment's doorstep by the building's porter on Thursday morning, while the other body was discovered inside. The third dead woman was identified as Marta Castano Torres, also a sex worker, whose body was found by her sister in a basement apartment on a nearby street. Also read | Drought reveals ruins of ancient bridge in Rome As reported by the Guardian, stab wounds were found on the throat, chest and back of the bodies of the women. Rome Police are now working on a theory that suggests all three women were murdered by the same person. The incident took place in an elegant neighbourhood of the city, just a few hundred metres from Italy's Supreme Court, where recently an increase has been reported in criminal networks operating prostitution rackets from apartments. Also read | Italy bans facial recognition tech, restricts use to fighting crime The murders have renewed the calls for regulating the profession of prostitution in Italy. Street prostitution is allowed in the country; however, organised prostitution and brothels are strictly prohibited under Italian law. Ermina Gbido from the Committee for the Civil Rights of Prostitutes said, “These murders are horrific.” She added, “For sure, there are criminal networks that manage sex workers in apartments, exploiting them and making them go from apartment to apartment, working long hours. This is a nasty business. But we also need to understand that there are those who want to do this work but cannot do it in a place of safety as the norms do not allow it.” (With inputs from agencies) WATCH WION LIVE HERE

Police hunt for possible serial killer as three Chinese sex workers are found brutally killed in Rome

"Final stage has arrived," says PTI leader Fawad Chaudhary in anticipation of the day the former prime minister and PTI chief Imran Khan will order his supporter to gather in Rawalpindi.&nbsp;

In a tweet, Chaudhary wrote, "The final stage has arrived. Be prepared. Imran Khan will give a call today to reach Rawalpindi." He added that when approaching Rawalpindi through Grant Trunk Road, which is located at a distance of 23.8 km, he said that PTI leaders Shah Mahmood Qureshi and Asad Umar, who are heading different will meet near Rawat, The Express Tribune reported.&nbsp;

<a href="https://www.wionews.com/south-asia/pak-sc-urges-shehbaz-govt-to-protect-imran-khan-as-he-might-be-targeted-again-in-assassination-attempt-535588">Also read |&nbsp;Pak HC urges Shehbaz govt to protect Imran Khan as he may be assassination&nbsp;attempt target again</a>

Rawat was decided as the greeting place by the PTI leaders. On Saturday, an enormous gathering of workers, women and elderly people will travel to Rawat via the Islamabad region.

Security arrangements:

After the PTI chief Khan was attacked, the security has been upgraded. For the security of the PTI long march and to maintain communication with the necessary authorities, command and control have been established in Rawalpindi. On building roofs, at than 100 snipers have been stationed. In light of the possibility of terrorism and sabotage in the circumstances, Rawalpindi police have also been told to maintain a state of high alert.&nbsp;

<a href="https://www.wionews.com/world/imran-khan-denies-corruption-over-2m-gifts-from-saudi-leader-535420">Also read |&nbsp;Imran Khan denies charge of illegally selling gifts from Saudi crown prince</a>

A 24-hour presence from the deputy superintendent of police headquarters would be made at the centre to monitor everything. More than 2,500 police officers have been assigned to duty in the inner circle surrounding the container holding the PTI chairman and other dignitaries.&nbsp;

Further, three security gates will be continually maintained throughout the lengthy march, and special commandos and snipers will be stationed on the container housing Imran Khan and other officials. As per sources, no one will be allowed to access the main container without a security clearance.

(With inputs from agencies)

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"Final stage has arrived," says PTI leader Fawad Chaudhary in anticipation of the day the former prime minister and PTI chief Imran Khan will order his supporter to gather in Rawalpindi.

"Final stage has arrived," says PTI leader Fawad Chaudhary in anticipation of the day the former prime minister and PTI chief Imran Khan will order his supporter to gather in Rawalpindi. In a tweet, Chaudhary wrote, "The final stage has arrived. Be prepared. Imran Khan will give a call today to reach Rawalpindi." He added that when approaching Rawalpindi through Grant Trunk Road, which is located at a distance of 23.8 km, he said that PTI leaders Shah Mahmood Qureshi and Asad Umar, who are heading different will meet near Rawat, The Express Tribune reported. Also read | Pak HC urges Shehbaz govt to protect Imran Khan as he may be assassination attempt target again Rawat was decided as the greeting place by the PTI leaders. On Saturday, an enormous gathering of workers, women and elderly people will travel to Rawat via the Islamabad region. Security arrangements: After the PTI chief Khan was attacked, the security has been upgraded. For the security of the PTI long march and to maintain communication with the necessary authorities, command and control have been established in Rawalpindi. On building roofs, at than 100 snipers have been stationed. In light of the possibility of terrorism and sabotage in the circumstances, Rawalpindi police have also been told to maintain a state of high alert. Also read | Imran Khan denies charge of illegally selling gifts from Saudi crown prince A 24-hour presence from the deputy superintendent of police headquarters would be made at the centre to monitor everything. More than 2,500 police officers have been assigned to duty in the inner circle surrounding the container holding the PTI chairman and other dignitaries. Further, three security gates will be continually maintained throughout the lengthy march, and special commandos and snipers will be stationed on the container housing Imran Khan and other officials. As per sources, no one will be allowed to access the main container without a security clearance. (With inputs from agencies) WATCH WION LIVE HERE

'Final stage has arrived': PTI leader Fawad Chaudhary asks marchers to prepare for Khan's long march

White House’s press secretary Karine Jean-Pierre said in her press briefing that India played a key role in negotiating the G20 Summit declaration. She also quoted Indian Prime Minister Narendra Modi’s quote, “Today's era must not be of war” while referring to the Ukraine-Russia conflict.

"India played an essential role in negotiating the summit's declaration. Prime Minister Modi made clear today's era must not be of war," the White House Press Secretary told reporters Friday. "Among other priorities addressed, we have a path forward to addressing current food and energy security challenges while continuing our efforts to build a resilient global economy," she added.

Also read |&nbsp;<a href="https://www.wionews.com/india-news/amid-russia-west-divide-indias-g20-sherpa-kant-sees-new-delhi-as-honest-broker-533798">Amid Russia-West divide, India's G20 Sherpa Kant sees New Delhi as "honest broker"</a>

Karine Jean-Pierre further said that India and US were working towards resolving global energy and food issues among others. She stressed, “We addressed current food and energy security challenges and efforts of building a resilient global economy. PM Modi's relationship was critical to this outcome. We look forward to supporting India's G20 presidency next year.”

Earlier, the Financial Times had also reported that the Indian delegation “played a big role in achieving consensus among member states over the wording that criticised the Russian invasion.”

At the G20 summit, PM Modi had stressed: “I've repeatedly said we've to find a way to return to the path of ceasefire and diplomacy in Ukraine. Over the past century, World War 2 wreaked havoc in the world. After that leaders of that time made a serious effort to take the path of peace. Now it's our turn."

Also read | <a href="https://www.wionews.com/opinions-blogs/why-indias-g20-presidency-will-be-a-largely-ceremonial-tightrope-walk-534308">Why India's G20 presidency will be a largely ceremonial tightrope walk</a>

PM Modi’s message resonated well with the G20 members, who deplored in "the strongest terms the aggression by the Russian Federation against Ukraine." India is all set to preside over the G20 presidency from December 1, which all other G20 nations have declared an important milestone in the history of the grouping.&nbsp;

(With inputs from agencies) 
&nbsp;

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White House’s press secretary Karine Jean-Pierre said in her press briefing that India played a key role in negotiating the G20 Summit declaration. She also quoted Indian Prime Minister Narendra Modi’s quote, “Today's era must not be of war” while referring to the Ukraine-Russia conflict.

White House’s press secretary Karine Jean-Pierre said in her press briefing that India played a key role in negotiating the G20 Summit declaration. She also quoted Indian Prime Minister Narendra Modi’s quote, “Today's era must not be of war” while referring to the Ukraine-Russia conflict. "India played an essential role in negotiating the summit's declaration. Prime Minister Modi made clear today's era must not be of war," the White House Press Secretary told reporters Friday. "Among other priorities addressed, we have a path forward to addressing current food and energy security challenges while continuing our efforts to build a resilient global economy," she added. Also read | Amid Russia-West divide, India's G20 Sherpa Kant sees New Delhi as "honest broker" Karine Jean-Pierre further said that India and US were working towards resolving global energy and food issues among others. She stressed, “We addressed current food and energy security challenges and efforts of building a resilient global economy. PM Modi's relationship was critical to this outcome. We look forward to supporting India's G20 presidency next year.” Earlier, the Financial Times had also reported that the Indian delegation “played a big role in achieving consensus among member states over the wording that criticised the Russian invasion.” At the G20 summit, PM Modi had stressed: “I've repeatedly said we've to find a way to return to the path of ceasefire and diplomacy in Ukraine. Over the past century, World War 2 wreaked havoc in the world. After that leaders of that time made a serious effort to take the path of peace. Now it's our turn." Also read | Why India's G20 presidency will be a largely ceremonial tightrope walk PM Modi’s message resonated well with the G20 members, who deplored in "the strongest terms the aggression by the Russian Federation against Ukraine." India is all set to preside over the G20 presidency from December 1, which all other G20 nations have declared an important milestone in the history of the grouping. (With inputs from agencies) WATCH WION LIVE HERE

White House admits India played a key role in negotiating G20 summit declaration

The Chief Justice of Islamabad High Court, Aamer Farooq on Friday (Nov 18) said that there is a high possibility that former prime minister and PTI leader Imran Khan might be the target of another assassination attempt, adding that it's the duty of the administration to take action&nbsp;against the looming threat and conduct an investigation.

The comments from the chief justice came during the hearing of a petition from shopkeepers over road restrictions brought on by Khan's long march protest.

<a href="https://www.wionews.com/world/imran-khan-denies-corruption-over-2m-gifts-from-saudi-leader-535420">Also read |&nbsp;Imran Khan denies charge of illegally selling gifts from Saudi crown prince</a>

As reported by Dawn, the judge said&nbsp;that there is a high possibility of another target on Khan while citing intelligence inputs.&nbsp;

The chief justice further asked the party to resubmit its request for permission to hold its long march calling for early elections. He continued that if the matter is not solved, the party can also submit a fresh petition.&nbsp;

<a href="https://www.wionews.com/world/pakistan-pm-shehbaz-sharif-to-amend-law-to-retain-future-army-chiefs-and-other-officers-534640">Also read |&nbsp;Pakistan PM Shehbaz Sharif to get power to 'retain' Army chief, other senior officers</a>

"It is the administration’s discretion if they want to give permission for D-Chowk or F-9 park. The same was ordered by the Supreme Court as well," Farooq said.

The Supreme Court of Pakistan on Thursday (Nov 17) also rejected a petition to halt Khan's long march, stating that its a political problem and should be solved politically.&nbsp;

For now, the hearing has been adjourned to November 22.&nbsp;

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The Chief Justice of Islamabad High Court, Aamer Farooq on Friday (Nov 18) said that there is a high possibility that former prime minister and PTI leader Imran Khan might be the target of another assassination attempt, adding that it's the duty of the administration to take action against the looming threat and conduct an investigation.

The Chief Justice of Islamabad High Court, Aamer Farooq on Friday (Nov 18) said that there is a high possibility that former prime minister and PTI leader Imran Khan might be the target of another assassination attempt, adding that it's the duty of the administration to take action against the looming threat and conduct an investigation. The comments from the chief justice came during the hearing of a petition from shopkeepers over road restrictions brought on by Khan's long march protest. Also read | Imran Khan denies charge of illegally selling gifts from Saudi crown prince As reported by Dawn, the judge said that there is a high possibility of another target on Khan while citing intelligence inputs. The chief justice further asked the party to resubmit its request for permission to hold its long march calling for early elections. He continued that if the matter is not solved, the party can also submit a fresh petition. Also read | Pakistan PM Shehbaz Sharif to get power to 'retain' Army chief, other senior officers "It is the administration’s discretion if they want to give permission for D-Chowk or F-9 park. The same was ordered by the Supreme Court as well," Farooq said. The Supreme Court of Pakistan on Thursday (Nov 17) also rejected a petition to halt Khan's long march, stating that its a political problem and should be solved politically. For now, the hearing has been adjourned to November 22. WATCH WION LIVE HERE

Pak HC urges Shehbaz govt to protect Imran Khan as he may be assassination attempt target again

Following Elon Musk's $44 billion Twitter deal last month, the firm is on the verge of collapse. The billionaire is working tirelessly to enforce his vision on the microblogging site, from laying off nearly 50 per cent of the staff,&nbsp;firing critics, introducing a new subscription plan, humourous tweets, and sending a stern warning to the employees that the firm must change or risk bankruptcy.&nbsp;

The firms' fate remains in doubt still. Many believe that Musk will not be able to handle the firm and the chaos he created.&nbsp;It seems more changes are yet to be made. Musk recently on Twitter recently asked users, "What should Twitter do next?"

<a href="https://www.wionews.com/technology/after-elon-musks-ultimatum-employees-leave-en-masse-twitter-closes-offices-temporarily-535169">Also read |&nbsp;After Elon Musk's ultimatum, employees leave en masse, Twitter closes offices</a>

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What should Twitter do next?
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1593659832552153093?ref_src=twsrc%5Etfw">November 18, 2022</a></blockquote>
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On Friday (November 18), the world's richest man and now the new Twitter chief sent a series of emails to Twitter staff asking for help.

He firstly sent a mail to the software engineers asking them to come to the 10th floor at 2 pm.

After 30 minutes, he sent another mail inquiring about the "tech stack," a term for the company's software and associated systems. Musk further&nbsp;asked the engineers to submit their records of the last six months along with 10 screenshots of the most salient lines of codes, Reuters reported.&nbsp;

Lastly, he sent a mail asking some of the staff to fly to Twitter's headquarters in San Fransico for an in-person meeting.&nbsp;

<a href="https://www.wionews.com/world/elon-musk-fires-twitter-engineers-who-questioned-him-publicly-534252">Also read |&nbsp;Elon Musk fires Twitter engineer who questioned him publicly</a>

A day earlier, on Thursday (November 17), as per some internal sources, nearly 1,200 employees resigned. The company's staff dropped to 3,700 from 7,500 after the mass layoffs earlier this month. This happened after Musk sent employees a deadline to decide whether they want to stay or leave. So, many left the organisation, writing farewell messages on Twitter with #Twittertakeover.

However, one thing he is sure about is the content policy moderation on the site. Musk on Friday tweeted about the firm's revision to the content policy. He claimed that while hateful content will not be algorithmically pushed in for users' feeds, it won't also be removed.&nbsp;

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New Twitter policy is freedom of speech, but not freedom of reach. 
 
Negative/hate tweets will be max deboosted &amp; demonetized, so no ads or other revenue to Twitter. 
 
You won’t find the tweet unless you specifically seek it out, which is no different from rest of Internet.
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1593673339826212864?ref_src=twsrc%5Etfw">November 18, 2022</a></blockquote>
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He even unbanned a number of accounts including that of Jordan Peterson, comedian Kathy Griffin and more. However, reinstating former US president Trump is not yet decided.&nbsp;

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Kathie Griffin, Jorden Peterson &amp; Babylon Bee have been reinstated. 
 
Trump decision has not yet been made.
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1593673844996288512?ref_src=twsrc%5Etfw">November 18, 2022</a></blockquote>
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Reinstate former President Trump
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1593767953706921985?ref_src=twsrc%5Etfw">November 19, 2022</a></blockquote>
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(With inputs from agencies)

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Following Elon Musk's $44 billion Twitter deal last month, the firm is on the verge of collapse. The billionaire is working tirelessly to enforce his vision on the microblogging site, from laying off nearly 50 per cent of the staff, firing critics, introducing a new subscription plan, humourous tweets, and sending a stern warning to the employees that the firm must change or risk bankruptcy.

Following Elon Musk's $44 billion Twitter deal last month, the firm is on the verge of collapse. The billionaire is working tirelessly to enforce his vision on the microblogging site, from laying off nearly 50 per cent of the staff, firing critics, introducing a new subscription plan, humourous tweets, and sending a stern warning to the employees that the firm must change or risk bankruptcy. The firms' fate remains in doubt still. Many believe that Musk will not be able to handle the firm and the chaos he created. It seems more changes are yet to be made. Musk recently on Twitter recently asked users, "What should Twitter do next?" Also read | After Elon Musk's ultimatum, employees leave en masse, Twitter closes offices What should Twitter do next? — Elon Musk (@elonmusk) November 18, 2022 × On Friday (November 18), the world's richest man and now the new Twitter chief sent a series of emails to Twitter staff asking for help. He firstly sent a mail to the software engineers asking them to come to the 10th floor at 2 pm. After 30 minutes, he sent another mail inquiring about the "tech stack," a term for the company's software and associated systems. Musk further asked the engineers to submit their records of the last six months along with 10 screenshots of the most salient lines of codes, Reuters reported. Lastly, he sent a mail asking some of the staff to fly to Twitter's headquarters in San Fransico for an in-person meeting. Also read | Elon Musk fires Twitter engineer who questioned him publicly A day earlier, on Thursday (November 17), as per some internal sources, nearly 1,200 employees resigned. The company's staff dropped to 3,700 from 7,500 after the mass layoffs earlier this month. This happened after Musk sent employees a deadline to decide whether they want to stay or leave. So, many left the organisation, writing farewell messages on Twitter with #Twittertakeover. However, one thing he is sure about is the content policy moderation on the site. Musk on Friday tweeted about the firm's revision to the content policy. He claimed that while hateful content will not be algorithmically pushed in for users' feeds, it won't also be removed. New Twitter policy is freedom of speech, but not freedom of reach. Negative/hate tweets will be max deboosted & demonetized, so no ads or other revenue to Twitter. You won’t find the tweet unless you specifically seek it out, which is no different from rest of Internet. — Elon Musk (@elonmusk) November 18, 2022 × He even unbanned a number of accounts including that of Jordan Peterson, comedian Kathy Griffin and more. However, reinstating former US president Trump is not yet decided. Kathie Griffin, Jorden Peterson & Babylon Bee have been reinstated. Trump decision has not yet been made. — Elon Musk (@elonmusk) November 18, 2022 × Reinstate former President Trump — Elon Musk (@elonmusk) November 19, 2022 × (With inputs from agencies) WATCH WION LIVE HERE

Twitter's fate in doubt as Musk emails engineers to fly in for in-person meetings amid resignations 

The 27th Conference of Parties (COP27) which was scheduled to wrap up its work on Friday (November 18), has been extended by a day for Saturday (November 19)&nbsp;said Environment Minister Bhupender Yadav said late Friday evening. The climate summit, held in Sharm el-Sheikh, Egypt, was intended to finish on Friday.&nbsp;

Yadav added several topics, including the mitigation work programme, the global trade on adaption, loss and damage, and climate financing are being debated as they remain contentious.&nbsp;

<a href="https://www.wionews.com/india-news/cop27-india-opposes-attempts-to-include-agriculture-under-ambit-of-emissions-target-535314">Also read |&nbsp;COP27: India takes hard stand against including agriculture under ambit of emission mitigation</a>

He said, "COP is a party-driven process and hence consensus on key issues is vital to the process. The extension is an attempt towards achieving just that," PTI reported.&nbsp;

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COP Diary: Negotiations extended by a day, India Pavilion wraps up<a href="https://t.co/2tzRpaWYcE">https://t.co/2tzRpaWYcE</a>
— Bhupender Yadav (@byadavbjp) <a href="https://twitter.com/byadavbjp/status/1593656426416611329?ref_src=twsrc%5Etfw">November 18, 2022</a></blockquote>
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The UN Framework Convention on Climate Change issued a formal draft of the agreement on Friday, but it omitted any reference to India's demand for the phase-down of all fossil fuels. The demand for phasing out fossil fuels, surprised experts since it was supported by the majority of developing and developed countries.&nbsp;

<a href="https://www.wionews.com/world/us-climate-envoy-kerry-tests-positive-for-covid-at-cop-27-535461">Also read |&nbsp;US climate envoy Kerry tests positive for Covid at COP 27</a>

However, many claimed that rather than representing India's demand, the remark appeared to be a ply by India to deflect criticism of its usage of coal. This proposal made little forward on important topics including the replenishment of the adaption funds and a new collective quantifiable target for climate financing.&nbsp;

Additionally, the framework also committed the necessity for developed countries to achieve their "net negative carbon emissions by 2030" and their disproportionate use of the global carbon budget, which India and other developing and developed nations put great emphasises on during the summit.&nbsp;

(With inputs from agencies)

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The 27th Conference of Parties (COP27) which was scheduled to wrap up its work on Friday (November 18), has been extended by a day for Saturday (November 19) said Environment Minister Bhupender Yadav said late Friday evening.

The 27th Conference of Parties (COP27) which was scheduled to wrap up its work on Friday (November 18), has been extended by a day for Saturday (November 19) said Environment Minister Bhupender Yadav said late Friday evening. The climate summit, held in Sharm el-Sheikh, Egypt, was intended to finish on Friday. Yadav added several topics, including the mitigation work programme, the global trade on adaption, loss and damage, and climate financing are being debated as they remain contentious. Also read | COP27: India takes hard stand against including agriculture under ambit of emission mitigation He said, "COP is a party-driven process and hence consensus on key issues is vital to the process. The extension is an attempt towards achieving just that," PTI reported. COP Diary: Negotiations extended by a day, India Pavilion wraps uphttps://t.co/2tzRpaWYcE — Bhupender Yadav (@byadavbjp) November 18, 2022 × The UN Framework Convention on Climate Change issued a formal draft of the agreement on Friday, but it omitted any reference to India's demand for the phase-down of all fossil fuels. The demand for phasing out fossil fuels, surprised experts since it was supported by the majority of developing and developed countries. Also read | US climate envoy Kerry tests positive for Covid at COP 27 However, many claimed that rather than representing India's demand, the remark appeared to be a ply by India to deflect criticism of its usage of coal. This proposal made little forward on important topics including the replenishment of the adaption funds and a new collective quantifiable target for climate financing. Additionally, the framework also committed the necessity for developed countries to achieve their "net negative carbon emissions by 2030" and their disproportionate use of the global carbon budget, which India and other developing and developed nations put great emphasises on during the summit. (With inputs from agencies) WATCH WION LIVE HERE

COP27 extends by a day as leaders fail to reach consensus on contentious issues

A LATAM Airlines flight collided with a firetruck on the runway as it was preparing to take off from the airport in Lima, the capital of Peru, resulting in the death of 2 firefighters on the spot, Reuters reported.

Several videos showing the aeroplane and fire truck colliding have been shared on social media. One of the videos shows the passenger plane running down the runway when it collides with the fire engine approaching from the other side. The jet is seen catching fire and emitting dense, black smoke in another footage.

Read More:&nbsp;<a href="https://www.wionews.com/opinions-blogs/trumpian-tactics-threaten-to-undo-democracy-in-peru-393769">Trumpian tactics threaten to undo democracy in Peru</a>

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Un camión de bomberos choca contra un avión de <a href="https://twitter.com/hashtag/Latam?src=hash&amp;ref_src=twsrc%5Etfw">#Latam</a> Perú a punto de despegar...<a href="https://t.co/hcenZYpiLA">pic.twitter.com/hcenZYpiLA</a>
— Nacho Lozano (@nacholozano) <a href="https://twitter.com/nacholozano/status/1593757906687631364?ref_src=twsrc%5Etfw">November 19, 2022</a></blockquote>
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Ocurrió en Lima, aquí el avión después del impacto.<a href="https://t.co/wVuBJrObE7">pic.twitter.com/wVuBJrObE7</a>
— Nacho Lozano (@nacholozano) <a href="https://twitter.com/nacholozano/status/1593759088046997506?ref_src=twsrc%5Etfw">November 19, 2022</a></blockquote>
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According to Peru's health ministry, 20 passengers were being treated in a clinic, and at least two of them had serious conditions. No passengers or staff members were killed, the airline said.

Peruvian President Pedro Castillo expressed condolences to the families of two dead firefighters in a tweet, adding that he was praying for the recovery of those injured. &nbsp;The President tweeted, “I express my heartfelt condolences to the relatives of Ángel Torres and Nicolás Santa Gadea, brave firefighters who died in the accident. My thoughts and my prayers are with them. I pray for the recovery of the wounded."

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Expreso mis más sentidas condolencias a los familiares de Ángel Torres y Nicolás Santa Gadea, valientes bomberos que fallecieron en el accidente ocurrido en el Aeropuerto Jorge Chávez. Mi pensamiento y mis oraciones está con ellos. Hago votos para la recuperación de los heridos.
— Pedro Castillo Terrones (@PedroCastilloTe) <a href="https://twitter.com/PedroCastilloTe/status/1593751542242414593?ref_src=twsrc%5Etfw">November 18, 2022</a></blockquote>
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It is still unknown why the firetruck drove onto the runway even as the plane was taking off. The prosecution's office revealed that it was investigating the incident as possible manslaughter, Reuters reported.

Read More:&nbsp;<a href="https://www.wionews.com/science/remains-child-sacrifice-victims-with-hearts-removed-unearthed-in-peru-more-likely-to-be-found-524085">Remains of child sacrifice victims with hearts removed unearthed in Peru: Report</a>

LATAM Airlines' office in Peru announced that it was deploying all of its resources to help those injured and to assist with the investigation. Reuters reported that this was the second incident in a month involving the Chile-based LATAM Airlines after one of its planes had its nose destroyed during a severe storm that forced it to make an emergency landing.

(With inputs from agencies)

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A LATAM Airlines flight collided with a firetruck on the runway as it was preparing to take off from the airport in Lima, the capital of Peru, resulting in the death of 2 firefighters on the spot, Reuters reported.

A LATAM Airlines flight collided with a firetruck on the runway as it was preparing to take off from the airport in Lima, the capital of Peru, resulting in the death of 2 firefighters on the spot, Reuters reported. Several videos showing the aeroplane and fire truck colliding have been shared on social media. One of the videos shows the passenger plane running down the runway when it collides with the fire engine approaching from the other side. The jet is seen catching fire and emitting dense, black smoke in another footage. Read More: Trumpian tactics threaten to undo democracy in Peru Un camión de bomberos choca contra un avión de #Latam Perú a punto de despegar...pic.twitter.com/hcenZYpiLA — Nacho Lozano (@nacholozano) November 19, 2022 × Ocurrió en Lima, aquí el avión después del impacto.pic.twitter.com/wVuBJrObE7 — Nacho Lozano (@nacholozano) November 19, 2022 × According to Peru's health ministry, 20 passengers were being treated in a clinic, and at least two of them had serious conditions. No passengers or staff members were killed, the airline said. Peruvian President Pedro Castillo expressed condolences to the families of two dead firefighters in a tweet, adding that he was praying for the recovery of those injured. The President tweeted, “I express my heartfelt condolences to the relatives of Ángel Torres and Nicolás Santa Gadea, brave firefighters who died in the accident. My thoughts and my prayers are with them. I pray for the recovery of the wounded." Expreso mis más sentidas condolencias a los familiares de Ángel Torres y Nicolás Santa Gadea, valientes bomberos que fallecieron en el accidente ocurrido en el Aeropuerto Jorge Chávez. Mi pensamiento y mis oraciones está con ellos. Hago votos para la recuperación de los heridos. — Pedro Castillo Terrones (@PedroCastilloTe) November 18, 2022 × It is still unknown why the firetruck drove onto the runway even as the plane was taking off. The prosecution's office revealed that it was investigating the incident as possible manslaughter, Reuters reported. Read More: Remains of child sacrifice victims with hearts removed unearthed in Peru: Report LATAM Airlines' office in Peru announced that it was deploying all of its resources to help those injured and to assist with the investigation. Reuters reported that this was the second incident in a month involving the Chile-based LATAM Airlines after one of its planes had its nose destroyed during a severe storm that forced it to make an emergency landing. (With inputs from agencies) WATCH WION LIVE HERE

Watch | Passenger plane taking off from Peruvian airport collides with firetruck, erupts into fireball

&nbsp;Before it collapsed this month,&nbsp;FTX&nbsp;stood apart from many rivals in the largely unsupervised&nbsp;crypto&nbsp;industry by boasting it was the "most regulated"&nbsp;exchange&nbsp;on the planet and inviting closer scrutiny from authorities.

Now, company documents seen by Reuters reveal the strategy and tactics behind founder Sam Bankman-Fried's regulatory agenda, including the previously unreported terms of a deal announced earlier this year with IEX Group, the US&nbsp;stock trading platform featured in Michael Lewis's book “Flash Boys” about fast, computer-driven trading.

As part of that deal, Bankman-Fried&nbsp;bought&nbsp;a 10 per cent stake in IEX, with an option to buy it out completely in the next two and half years, according to a June 7 document. The partnership gave the 30-year-old executive the opportunity to lobby IEX’s regulator, the US&nbsp;Securities and&nbsp;Exchange&nbsp;Commission, on&nbsp;crypto&nbsp;regulation.

<a href="https://www.wionews.com/world/ftxs-bankman-fried-sued-by-crypto-investors-along-with-other-celebrity-promoters-534870">Also read |&nbsp;FTX's Bankman-Fried sued by crypto investors along with other celebrity promoters</a>

That deal and others referenced in the documents, which include business updates, meeting minutes and strategy papers, illuminate one of&nbsp;FTX's broader goals: quickly crafting a congenial regulatory framework for&nbsp;itself by acquiring stakes in companies that already had licenses from authorities, shortcutting the often drawn-out approval process.

FTX&nbsp;spent some $2 billion on “acquisitions for regulatory purposes,” the&nbsp;FTX&nbsp;documents seen by Reuters from a Sept 19 meeting show. Last year, for example, it&nbsp;bought&nbsp;LedgerX LLC, a futures&nbsp;exchange, which gave it three Commodity Futures Trading Commission licenses in one swoop. The licenses gave&nbsp;FTX&nbsp;access to U.S. commodities derivatives markets as a regulated&nbsp;exchange. Derivatives are securities that derive their value from another asset.

FTX&nbsp;also saw&nbsp;its&nbsp;regulatory status as a&nbsp;way&nbsp;of luring new capital from major investors, the documents show. In documents to support&nbsp;its&nbsp;ask for hundreds of millions of dollars in funds, it held out&nbsp;its&nbsp;licenses as a key competitive advantage. The “regulatory moats,” it said, created barriers for rivals and would give it access to lucrative new markets and partnerships beyond the reach of unregulated entities.

“FTX&nbsp;has the cleanest brand in&nbsp;crypto,” the&nbsp;exchange&nbsp;proclaimed in a June document presented to investors.

Bankman-Fried did not respond to a request for comment on questions about&nbsp;FTX's regulatory strategy.&nbsp;FTX&nbsp;did not respond to requests for comment.

An SEC spokesperson declined to comment for this article. The CFTC also declined to comment.

In a text&nbsp;exchange&nbsp;this week with Vox, Bankman-Fried made an about-face on regulatory matters. Asked if his prior praise of regulations was “just PR,” he said in a sequence of texts: “yeah, just PR... fuck regulators... they make everything worse... they don't protect customers at all.”

An IEX spokesperson declined to confirm details of the transaction with&nbsp;FTX, except to say that&nbsp;FTX's “small minority stake” in IEX cannot be sold to a third party without&nbsp;its&nbsp;consent. “We are currently evaluating our legal options with respect to the prior transaction,” the spokesperson said.

Patchwork of regulators&nbsp;

FTX&nbsp;collapsed last week after a futile bid by Bankman-Fried to raise emergency funds. It had come under some regulatory oversight through the dozens of licenses it picked up via&nbsp;its&nbsp;many acquisitions. But that didn’t protect&nbsp;its&nbsp;customers and investors, who now face losses totaling billions of dollars. As Reuters reported,&nbsp;FTX&nbsp;had been secretly taking risks with customer funds, using $10 billion in deposits&nbsp;to prop up a trading firm owned by Bankman-Fried.

Four lawyers said the fact that Bankman-Fried was courting regulators while taking massive risks with customer funds without anyone noticing exposes a yawning regulatory gap in the&nbsp;cryptocurrency industry. “It’s a patchwork of global regulators -- and even domestically there are huge gaps,” said Aitan Goelman, an attorney with Zuckerman Spaeder and former prosecutor and CFTC enforcement director. “That's the fault of a regulatory system that has taken too long to adjust to the advent of&nbsp;crypto.”

A person familiar with the SEC's thinking on&nbsp;crypto&nbsp;regulation said the agency believes&nbsp;crypto&nbsp;firms are illegally operating outside of U.S. securities laws and instead lean on other licenses that provide minimal consumer protection. "Those representations, while nominally true, don't cover their activity," the person said.

Watch |&nbsp;World Business Watch: US authorities probe FTX collapse; concerns over possible domino effect

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'Step 1: Licenses'

Bankman-Fried had big ambitions for&nbsp;FTX, which by this year had grown to more than $1 billion in revenues and accounted for about 10% of trading in the global&nbsp;crypto&nbsp;market, from a standing start in 2019. He wanted to build a financial app, where users could trade stocks and tokens, transfer money and bank, according to an undated document titled, “FTX&nbsp;Roadmap 2022.”

“Step 1” toward that goal, the “Roadmap” document said, “is to&nbsp;become&nbsp;as licensed as reasonably possible.”

“Partially this is to make sure that we're regulated and compliant; partially this is to be able to expand our product offering,” the document said.

That's where&nbsp;FTX's acquisition spree came in, according to the documents. Instead of applying for every license, which can take years and sometimes uncomfortable questions, Bankman-Fried decided to buy them.

But the strategy also had&nbsp;its&nbsp;limits: At times, the companies it acquired didn't have the precise licenses it needed, the documents show.

One of&nbsp;FTX's goals, according to the documents, was to open up the US&nbsp;derivatives markets to&nbsp;its&nbsp;customers in the country. It estimated the market would bring additional trading volume to the tune of $50 billion a day, generating millions of dollars in revenue. To do that, it needed to persuade the CFTC to amend one of the licenses held by LedgerX,&nbsp;FTX's newly acquired futures&nbsp;exchange.

The application process went on for months, and&nbsp;FTX&nbsp;had to pony up $250 million for a default insurance fund, a standard requirement.&nbsp;FTX&nbsp;anticipated the CFTC could ask it to increase the fund to $1 billion, according to minutes of a March meeting of&nbsp;its&nbsp;advisory board.

FTX&nbsp;collapsed before it could get the approval, and has now withdrawn&nbsp;its&nbsp;application.

Buying companies for licenses also had other advantages, the documents reviewed by Reuters demonstrate: It could give Bankman-Fried the access he desired to regulators.

A prime example is the IEX deal, which was announced in April. In a joint interview to CNBC, Bankman-Fried and IEX CEO Brad Katsuyama said they wanted “to shape regulation that ultimately protects investors.” What matters the most here, Bankman-Fried added, is that “there is transparency and protection against fraud.”

Reuters could not determine&nbsp;how&nbsp;much&nbsp;FTX&nbsp;paid for the stake.

Bankman-Fried was invited to meet SEC Chairman Gary Gensler and other SEC officials along with Katsuyama in March.

A source close to IEX said the purpose of the meeting was to let the SEC know in advance about&nbsp;its&nbsp;deal with&nbsp;FTX, which had not been publicly announced at that point, and to discuss the possibility of IEX creating a trading venue in digital assets, such as bitcoin.&nbsp;FTX's role was to provide the&nbsp;crypto-trading infrastructure, the source said.

SEC officials outright rejected their initial plan because it would have involved the creation of a non-exchange&nbsp;trading venue that is more lightly regulated, something the agency opposes for&nbsp;cryptocurrencies, the source familiar with the SEC's thinking said.

Reuters could not determine the extent of Bankman-Fried's involvement in subsequent conversations with the SEC. In their mind, SEC officials had agreed to meet with Katsuyama in March, and Bankman-Fried was just tagging along, the source familiar with the SEC's thinking said. He kept mostly silent during the meeting, with Katsuyama in the "driver's seat," the source added.

Whatever his involvement,&nbsp;FTX&nbsp;talked up&nbsp;its&nbsp;discussions to&nbsp;its&nbsp;investors. In a September meeting of&nbsp;its&nbsp;advisory board,&nbsp;FTX&nbsp;said talks with the SEC were "extremely constructive."

“We are likely to have pole position there,” it said, according to the meeting minutes.

The person familiar with the SEC’s thinking said they would dispute&nbsp;FTX&nbsp;was in the “pole position.” Anything the SEC did to regulate&nbsp;crypto&nbsp;trading would be open to all market participants, the source said.

<a href="https://www.wionews.com/world/ftx-says-making-every-effort-to-secure-all-assets-following-reports-of-unauthorised-transfers-worth-millions-533674">Also read |&nbsp;FTX says making ‘every effort to secure all assets’ after unauthorised transfers worth millions</a>

The source close to IEX said the&nbsp;exchange&nbsp;never entered into any operational agreements with&nbsp;FTX, adding that it never got to that point.

A May&nbsp;FTX&nbsp;document provides a rundown of&nbsp;FTX's contacts with individual regulators. The document, which has not been previously reported, shows&nbsp;how&nbsp;in most cases&nbsp;FTX&nbsp;was able to resolve the issues that cropped up.

In February, for example, South African authorities published a warning to consumers that&nbsp;FTX&nbsp;and other&nbsp;crypto&nbsp;exchanges were not authorized to operate there. So&nbsp;FTX&nbsp;entered into a commercial agreement with a local&nbsp;exchange&nbsp;to continue providing the services. “FTX&nbsp;is now fully regularised in respect of&nbsp;its&nbsp;current activities in South Africa,”&nbsp;FTX&nbsp;said.

The regulator, South African Financial Sector Conduct Authority, did not respond to a request for comment.

The May document also shows that&nbsp;FTX&nbsp;had a brush with the SEC. The SEC had conducted inquiries earlier this year into&nbsp;how&nbsp;crypto&nbsp;companies were handling customer deposits. Some firms were offering interest on deposits, which the SEC said could make them securities and should be registered under&nbsp;its&nbsp;rules. In the list of&nbsp;its&nbsp;regulatory interactions,&nbsp;FTX&nbsp;noted that the inquiry was looking at whether those assets were being “lent out or otherwise used for operational purposes.”

This month, as Reuters has reported, it emerged that&nbsp;FTX&nbsp;had done just that, moving billions of dollars in client funds to Bankman-Fried's trading firm, Alameda Research.

In the May document,&nbsp;FTX&nbsp;said the SEC's exam staff, which scrutinizes market practices that could present a risk to investors, was concerned about a different matter: a rewards program that it offered to customers, under which it paid interest on&nbsp;crypto&nbsp;deposits.

According to the document,&nbsp;FTX&nbsp;told the regulator it did not have the same issues as products from other providers that the agency had investigated.

"We confirmed these were solely rewards based and do not involve lending (or other use) of the deposited&nbsp;crypto,"&nbsp;FTX&nbsp;wrote. The SEC wrote back, saying it had completed&nbsp;its&nbsp;"informal inquiry" and did not need further information “at this time.”

The SEC had no comment on the inquiry. In an email to Reuters, Bankman-Fried wrote: "FTX's response there was accurate;&nbsp;FTX&nbsp;US's rewards program did not involve lending out any assets."

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Before it collapsed this month, FTX stood apart from many rivals in the largely unsupervised crypto industry by boasting it was the "most regulated" exchange on the planet and inviting closer scrutiny from authorities.

Before it collapsed this month, FTX stood apart from many rivals in the largely unsupervised crypto industry by boasting it was the "most regulated" exchange on the planet and inviting closer scrutiny from authorities. Now, company documents seen by Reuters reveal the strategy and tactics behind founder Sam Bankman-Fried's regulatory agenda, including the previously unreported terms of a deal announced earlier this year with IEX Group, the US stock trading platform featured in Michael Lewis's book “Flash Boys” about fast, computer-driven trading. As part of that deal, Bankman-Fried bought a 10 per cent stake in IEX, with an option to buy it out completely in the next two and half years, according to a June 7 document. The partnership gave the 30-year-old executive the opportunity to lobby IEX’s regulator, the US Securities and Exchange Commission, on crypto regulation. Also read | FTX's Bankman-Fried sued by crypto investors along with other celebrity promoters That deal and others referenced in the documents, which include business updates, meeting minutes and strategy papers, illuminate one of FTX's broader goals: quickly crafting a congenial regulatory framework for itself by acquiring stakes in companies that already had licenses from authorities, shortcutting the often drawn-out approval process. FTX spent some $2 billion on “acquisitions for regulatory purposes,” the FTX documents seen by Reuters from a Sept 19 meeting show. Last year, for example, it bought LedgerX LLC, a futures exchange, which gave it three Commodity Futures Trading Commission licenses in one swoop. The licenses gave FTX access to U.S. commodities derivatives markets as a regulated exchange. Derivatives are securities that derive their value from another asset. FTX also saw its regulatory status as a way of luring new capital from major investors, the documents show. In documents to support its ask for hundreds of millions of dollars in funds, it held out its licenses as a key competitive advantage. The “regulatory moats,” it said, created barriers for rivals and would give it access to lucrative new markets and partnerships beyond the reach of unregulated entities. “FTX has the cleanest brand in crypto,” the exchange proclaimed in a June document presented to investors. Bankman-Fried did not respond to a request for comment on questions about FTX's regulatory strategy. FTX did not respond to requests for comment. An SEC spokesperson declined to comment for this article. The CFTC also declined to comment. In a text exchange this week with Vox, Bankman-Fried made an about-face on regulatory matters. Asked if his prior praise of regulations was “just PR,” he said in a sequence of texts: “yeah, just PR... fuck regulators... they make everything worse... they don't protect customers at all.” An IEX spokesperson declined to confirm details of the transaction with FTX, except to say that FTX's “small minority stake” in IEX cannot be sold to a third party without its consent. “We are currently evaluating our legal options with respect to the prior transaction,” the spokesperson said. Patchwork of regulators FTX collapsed last week after a futile bid by Bankman-Fried to raise emergency funds. It had come under some regulatory oversight through the dozens of licenses it picked up via its many acquisitions. But that didn’t protect its customers and investors, who now face losses totaling billions of dollars. As Reuters reported, FTX had been secretly taking risks with customer funds, using $10 billion in deposits to prop up a trading firm owned by Bankman-Fried. Four lawyers said the fact that Bankman-Fried was courting regulators while taking massive risks with customer funds without anyone noticing exposes a yawning regulatory gap in the cryptocurrency industry. “It’s a patchwork of global regulators -- and even domestically there are huge gaps,” said Aitan Goelman, an attorney with Zuckerman Spaeder and former prosecutor and CFTC enforcement director. “That's the fault of a regulatory system that has taken too long to adjust to the advent of crypto.” A person familiar with the SEC's thinking on crypto regulation said the agency believes crypto firms are illegally operating outside of U.S. securities laws and instead lean on other licenses that provide minimal consumer protection. "Those representations, while nominally true, don't cover their activity," the person said. Watch | World Business Watch: US authorities probe FTX collapse; concerns over possible domino effect 'Step 1: Licenses' Bankman-Fried had big ambitions for FTX, which by this year had grown to more than $1 billion in revenues and accounted for about 10% of trading in the global crypto market, from a standing start in 2019. He wanted to build a financial app, where users could trade stocks and tokens, transfer money and bank, according to an undated document titled, “FTX Roadmap 2022.” “Step 1” toward that goal, the “Roadmap” document said, “is to become as licensed as reasonably possible.” “Partially this is to make sure that we're regulated and compliant; partially this is to be able to expand our product offering,” the document said. That's where FTX's acquisition spree came in, according to the documents. Instead of applying for every license, which can take years and sometimes uncomfortable questions, Bankman-Fried decided to buy them. But the strategy also had its limits: At times, the companies it acquired didn't have the precise licenses it needed, the documents show. One of FTX's goals, according to the documents, was to open up the US derivatives markets to its customers in the country. It estimated the market would bring additional trading volume to the tune of $50 billion a day, generating millions of dollars in revenue. To do that, it needed to persuade the CFTC to amend one of the licenses held by LedgerX, FTX's newly acquired futures exchange. The application process went on for months, and FTX had to pony up $250 million for a default insurance fund, a standard requirement. FTX anticipated the CFTC could ask it to increase the fund to $1 billion, according to minutes of a March meeting of its advisory board. FTX collapsed before it could get the approval, and has now withdrawn its application. Buying companies for licenses also had other advantages, the documents reviewed by Reuters demonstrate: It could give Bankman-Fried the access he desired to regulators. A prime example is the IEX deal, which was announced in April. In a joint interview to CNBC, Bankman-Fried and IEX CEO Brad Katsuyama said they wanted “to shape regulation that ultimately protects investors.” What matters the most here, Bankman-Fried added, is that “there is transparency and protection against fraud.” Reuters could not determine how much FTX paid for the stake. Bankman-Fried was invited to meet SEC Chairman Gary Gensler and other SEC officials along with Katsuyama in March. A source close to IEX said the purpose of the meeting was to let the SEC know in advance about its deal with FTX, which had not been publicly announced at that point, and to discuss the possibility of IEX creating a trading venue in digital assets, such as bitcoin. FTX's role was to provide the crypto-trading infrastructure, the source said. SEC officials outright rejected their initial plan because it would have involved the creation of a non-exchange trading venue that is more lightly regulated, something the agency opposes for cryptocurrencies, the source familiar with the SEC's thinking said. Reuters could not determine the extent of Bankman-Fried's involvement in subsequent conversations with the SEC. In their mind, SEC officials had agreed to meet with Katsuyama in March, and Bankman-Fried was just tagging along, the source familiar with the SEC's thinking said. He kept mostly silent during the meeting, with Katsuyama in the "driver's seat," the source added. Whatever his involvement, FTX talked up its discussions to its investors. In a September meeting of its advisory board, FTX said talks with the SEC were "extremely constructive." “We are likely to have pole position there,” it said, according to the meeting minutes. The person familiar with the SEC’s thinking said they would dispute FTX was in the “pole position.” Anything the SEC did to regulate crypto trading would be open to all market participants, the source said. Also read | FTX says making ‘every effort to secure all assets’ after unauthorised transfers worth millions The source close to IEX said the exchange never entered into any operational agreements with FTX, adding that it never got to that point. A May FTX document provides a rundown of FTX's contacts with individual regulators. The document, which has not been previously reported, shows how in most cases FTX was able to resolve the issues that cropped up. In February, for example, South African authorities published a warning to consumers that FTX and other crypto exchanges were not authorized to operate there. So FTX entered into a commercial agreement with a local exchange to continue providing the services. “FTX is now fully regularised in respect of its current activities in South Africa,” FTX said. The regulator, South African Financial Sector Conduct Authority, did not respond to a request for comment. The May document also shows that FTX had a brush with the SEC. The SEC had conducted inquiries earlier this year into how crypto companies were handling customer deposits. Some firms were offering interest on deposits, which the SEC said could make them securities and should be registered under its rules. In the list of its regulatory interactions, FTX noted that the inquiry was looking at whether those assets were being “lent out or otherwise used for operational purposes.” This month, as Reuters has reported, it emerged that FTX had done just that, moving billions of dollars in client funds to Bankman-Fried's trading firm, Alameda Research. In the May document, FTX said the SEC's exam staff, which scrutinizes market practices that could present a risk to investors, was concerned about a different matter: a rewards program that it offered to customers, under which it paid interest on crypto deposits. According to the document, FTX told the regulator it did not have the same issues as products from other providers that the agency had investigated. "We confirmed these were solely rewards based and do not involve lending (or other use) of the deposited crypto," FTX wrote. The SEC wrote back, saying it had completed its "informal inquiry" and did not need further information “at this time.” The SEC had no comment on the inquiry. In an email to Reuters, Bankman-Fried wrote: "FTX's response there was accurate; FTX US's rewards program did not involve lending out any assets." WATCH WION LIVE HERE

How FTX bought its way to become the 'most regulated' crypto exchange

Chinese authorities face criticism&nbsp;on Thursday after a four-month-old&nbsp;baby died because of a delay in her treatment due to Covid restrictions imposed in Zhengzhou, as per reports.&nbsp;

The father claimed that medical professionals refused to attend her who vomiting and had diarrhoea.&nbsp;The child died the same day.&nbsp;

The incident comes along with the claims made by the authorities. The Chinese authorities made statements regarding increasing not only vaccination doses but also promised to install nearly 250K covid beds for the treatment.&nbsp;

<a href="https://www.wionews.com/world/chinas-latest-covid-19-lockdowns-spark-protests-in-in-guangzhou-watch-534361">Also&nbsp;read |&nbsp;China's latest COVID-19 lockdowns spark protests in Guangzhou - WATCH</a>

The Asian country recently reported over 20,000 cases in a day, the highest in six months. The death toll still remains around 5,000, a toll which hasn't changed lately.&nbsp;

As reported by Chinese media outlets, Li Baoling and his daughter were quarantined in a hotel after his wife tested positive for the virus. Soon his daughter fell sick. Li, then immediately called an ambulance, the medical then asked the hotel to conduct a test&nbsp;and if she is positive then she'll be admitted. The child&nbsp;tested negative for the virus, stating she to not ill, but the medics didn't call for treatment. Monitoring her further, the health of the baby deteriorated, BBC reported.&nbsp;

The father then approached the second ambulance&nbsp;which took the family 100km away from their hotel for the treatment. Her temperature dropped and she dies. The husband and wife are still in quarantine, while the&nbsp;child's body is in the morgue. The Zhengzhou Municipal corporation stated that a probe is underway for the matter.&nbsp;

<a href="https://www.wionews.com/world/china-responds-to-viral-video-in-which-xi-was-seen-criticising-trudeau-in-meeting-at-g20-535084">Also read |&nbsp;China responds to viral video in which Xi was seen 'trying to censure' Trudeau at G20</a>

Millions of Chinese have read Li's story and some have even criticised the authorities badly. The comments and stories are no longer available because they have been censored.&nbsp;

Similar instances where children have died&nbsp;have been reported all across the country. Demonstrations in Lanzhou were done after a father said that his toddler son died due to a delay in his treatment.&nbsp; In October, a 14-year-old girl died after falling ill in a covid quarantine centre.&nbsp;

Guangzhou, home to 13 million people on Thursday announced that it is planning to surge covid facilities after the city reported over 9,000 cases in a day or nearly 40 per cent of the population tested positive for the virus.&nbsp;

A Chinese health expert on Thursday also said that the country will soon start working on speeding up covid vaccinations&nbsp;

(With inputs from agencies)

WATCH WION LIVE HERE

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Chinese authorities face criticism on Thursday after a four-month-old baby died because of a delay in her treatment due to Covid restrictions imposed in Zhengzhou, as per reports.

Chinese authorities face criticism on Thursday after a four-month-old baby died because of a delay in her treatment due to Covid restrictions imposed in Zhengzhou, as per reports. The father claimed that medical professionals refused to attend her who vomiting and had diarrhoea. The child died the same day. The incident comes along with the claims made by the authorities. The Chinese authorities made statements regarding increasing not only vaccination doses but also promised to install nearly 250K covid beds for the treatment. Also read | China's latest COVID-19 lockdowns spark protests in Guangzhou - WATCH The Asian country recently reported over 20,000 cases in a day, the highest in six months. The death toll still remains around 5,000, a toll which hasn't changed lately. As reported by Chinese media outlets, Li Baoling and his daughter were quarantined in a hotel after his wife tested positive for the virus. Soon his daughter fell sick. Li, then immediately called an ambulance, the medical then asked the hotel to conduct a test and if she is positive then she'll be admitted. The child tested negative for the virus, stating she to not ill, but the medics didn't call for treatment. Monitoring her further, the health of the baby deteriorated, BBC reported. The father then approached the second ambulance which took the family 100km away from their hotel for the treatment. Her temperature dropped and she dies. The husband and wife are still in quarantine, while the child's body is in the morgue. The Zhengzhou Municipal corporation stated that a probe is underway for the matter. Also read | China responds to viral video in which Xi was seen 'trying to censure' Trudeau at G20 Millions of Chinese have read Li's story and some have even criticised the authorities badly. The comments and stories are no longer available because they have been censored. Similar instances where children have died have been reported all across the country. Demonstrations in Lanzhou were done after a father said that his toddler son died due to a delay in his treatment. In October, a 14-year-old girl died after falling ill in a covid quarantine centre. Guangzhou, home to 13 million people on Thursday announced that it is planning to surge covid facilities after the city reported over 9,000 cases in a day or nearly 40 per cent of the population tested positive for the virus. A Chinese health expert on Thursday also said that the country will soon start working on speeding up covid vaccinations (With inputs from agencies) WATCH WION LIVE HERE

China COVID-19: Authorities face anger after an infant dies due to delay in treatment amid restrictions

E. Jean Carroll, the writer who accused former US President Donald Trump of raping her 27 years ago said that he had defamed her for the second time by telling his followers last month that he didn't know her and the rape&nbsp;never happened.&nbsp; 
 
The latest defamation claim is made after Trump called Carroll "a Hoax and a lie" and repeatedly claimed "she's not my type" posting on his social account on October 10.&nbsp;

<a href="https://www.wionews.com/world/weisselberg-testifies-trumps-played-role-in-defrauding-tax-authorities-535148">Also read |&nbsp;Trump Org ex-CFO Weisselberg testifies Trumps played role in defrauding tax authorities</a>

A former Elle magazine columnist, Caroll said that she'll file a lawsuit against Trump on the Thanksgiving Day November 24. &nbsp;A draft of the lawsuit was added in the Thursday filing by her lawyer Roberta Kaplan.&nbsp;They are also suing the former president over the charges of defamation over the statements given earlier.&nbsp;

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Whether or not Twitter is here, I will see you in court, Mr. Trump!<a href="https://t.co/OtKeNi3rCD">https://t.co/OtKeNi3rCD</a>
— E. Jean Carroll (@ejeancarroll) <a href="https://twitter.com/ejeancarroll/status/1593427277848649729?ref_src=twsrc%5Etfw">November 18, 2022</a></blockquote>
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However, in response to Kaplan, Trump's lawyer Alina Habba said, "Typical gamesmanship from Roberta Kaplan."

She added that this filing is inappropriate and said that they will take this matter to court.&nbsp;

Trump said, "E. Jean Carroll is not telling the truth, she is a woman who I had nothing to do with, didn't know, and would have no interest in knowing her if I ever had the chance."&nbsp;

He added, "Now all I have to do is go through years more of legal nonsense in order to clear my name of her and her lawyer's phony attacks on me.&nbsp;This can only happen to 'Trump'!"

<a href="https://www.wionews.com/world/us-midterm-results-republicans-lead-in-house-democrats-get-senate-as-washington-sees-divided-govt-534350">Also read |&nbsp;US midterms: Republicans get House control, setting stage for divided govt, probe on Biden</a>

The proposed lawsuit seeks unspecified compensation and damages for Trump's statement.&nbsp;

In 2019, Trump denied the rape allegations and said that she made the alleged encounter to sell her forthcoming book.&nbsp;In January, a Washington court will determine whether Trump was acting as a president when the lawsuit was filed. If yes, then Carroll's filing will fail because then he is shielded from defamation claims.

Later in a letter to the court, the writer appealed to delay&nbsp;the hearing to April 10 so that it can cover both lawsuits.&nbsp;

The case is Carroll v. Trump, US District Court, Southern District of New York, No. 20-07311. 
 
(With inputs from agencies)

E. Jean Carroll, the writer who accused former US President Donald Trump of raping her 27 years ago said that he had defamed her for the second time by telling his followers last month that he didn't know her and the rape never happened.

E. Jean Carroll, the writer who accused former US President Donald Trump of raping her 27 years ago said that he had defamed her for the second time by telling his followers last month that he didn't know her and the rape never happened. The latest defamation claim is made after Trump called Carroll "a Hoax and a lie" and repeatedly claimed "she's not my type" posting on his social account on October 10. Also read | Trump Org ex-CFO Weisselberg testifies Trumps played role in defrauding tax authorities A former Elle magazine columnist, Caroll said that she'll file a lawsuit against Trump on the Thanksgiving Day November 24. A draft of the lawsuit was added in the Thursday filing by her lawyer Roberta Kaplan. They are also suing the former president over the charges of defamation over the statements given earlier. Whether or not Twitter is here, I will see you in court, Mr. Trump!https://t.co/OtKeNi3rCD — E. Jean Carroll (@ejeancarroll) November 18, 2022 × However, in response to Kaplan, Trump's lawyer Alina Habba said, "Typical gamesmanship from Roberta Kaplan." She added that this filing is inappropriate and said that they will take this matter to court. Trump said, "E. Jean Carroll is not telling the truth, she is a woman who I had nothing to do with, didn't know, and would have no interest in knowing her if I ever had the chance." He added, "Now all I have to do is go through years more of legal nonsense in order to clear my name of her and her lawyer's phony attacks on me. This can only happen to 'Trump'!" Also read | US midterms: Republicans get House control, setting stage for divided govt, probe on Biden The proposed lawsuit seeks unspecified compensation and damages for Trump's statement. In 2019, Trump denied the rape allegations and said that she made the alleged encounter to sell her forthcoming book. In January, a Washington court will determine whether Trump was acting as a president when the lawsuit was filed. If yes, then Carroll's filing will fail because then he is shielded from defamation claims. Later in a letter to the court, the writer appealed to delay the hearing to April 10 so that it can cover both lawsuits. The case is Carroll v. Trump, US District Court, Southern District of New York, No. 20-07311. (With inputs from agencies)

'I will see you in court, Mr. Trump!': Rape accuser Carroll files another lawsuit against former president

Just a day after firing a small missile showing anger towards US's increased regional presence,&nbsp;North Korea fired a suspected intercontinental ballistic missile (ICBM) on Friday, South Korea said on Friday. In other news,&nbsp;United States House Speaker Nancy Pelosi announced on Thursday that she will not be contesting for the leadership role after the Republicans gained control. Meanwhile, Twitter has temporarily closed the office buildings amidst reports of mass exodus after Elon Musk’s “hardcore” work ultimatum failed to motivate the employees to work for "long hours at high intensity”.Finally,&nbsp;Andy Jassy, CEO of the retail giant Amazon&nbsp;said that the layoffs will extend to the next year 2023 as the firm has not yet concluded the review as per its business conditions.

Click on the headlines to read more:&nbsp;

<a href="https://www.wionews.com/world/north-korea-has-fired-suspected-icbm-seoul-says-535152">North Korea fires suspected ICBM, Japan says it fell in exclusive economic waters</a>

&nbsp;

<img src="https://www.wionews.com/_next/image?url=https%3A%2F%2Fcdn.wionews.com%2Fsites%2Fdefault%2Ffiles%2Fstyles%2Fstory_page%2Fpublic%2F2022%2F11%2F18%2F311657-untitled-design-2022-11-18t074654363.png&amp;w=1920&amp;q=75" />

Seoul's Joint Chiefs of Staff earlier said it had detected the "launch of an unidentified ballistic missile in an eastward direction". The coastguard warned ships not to approach fallen debris in the water.

<a href="https://www.wionews.com/world/nancy-pelosi-to-step-down-as-us-house-democratic-leader-after-two-decades-535126">Nancy Pelosi to step down as US House Democratic leader after two decades</a>

<img src="https://www.wionews.com/_next/image?url=https%3A%2F%2Fcdn.wionews.com%2Fsites%2Fdefault%2Ffiles%2Fstyles%2Fstory_page%2Fpublic%2F2022%2F11%2F17%2F311635-00032nt7v4.jpg&amp;w=1920&amp;q=75" />

Pelosi was the top Democratic leader in the US House for the better part of the last two decades and holds an important place in the politics of the country. During her speech, Pelosi confirmed&nbsp;that she will complete her term as a member of Congress.&nbsp;

“I will not seek reelection to Democratic leadership in the next Congress,” Pelosi said.&nbsp;

<a href="https://www.wionews.com/technology/after-elon-musks-ultimatum-employees-leave-en-masse-twitter-closes-offices-temporarily-535169">After Elon Musk's ultimatum, employees leave en masse, Twitter closes offices</a>

<img src="http://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/11/18/311667-twitter.jpg" />

On Wednesday, Musk told employees that his goal was to build “Twitter 2.0” and for that, they have to choose between working “long hours at high intensity” or leave. He conducted a poll on the workplace app Blind for their response.

In response, 42 per cent of 180 people chose the "Taking exit option, I'm free!" in the app, which verifies employees through their work email addresses and allows them to share information anonymously, according to multiple media reports.

<a href="https://www.wionews.com/world/amid-slow-economic-growth-mass-layoffs-at-amazon-across-teams-will-continue-till-2023-says-ceo-andy-jassy-535161">Amid slow economic growth, mass layoffs at Amazon across teams will continue till 2023, says CEO Andy Jassy&nbsp;</a>

<img src="https://www.wionews.com/_next/image?url=https%3A%2F%2Fcdn.wionews.com%2Fsites%2Fdefault%2Ffiles%2Fstyles%2Fstory_page%2Fpublic%2F2022%2F11%2F18%2F311663-0009au2bn.jpg&amp;w=1920&amp;q=75" />

The CEO has been putting continuous efforts into reducing the firm's ex[ensises amid its slow economic growth especially after the firm reported its smallest revenues in the holiday quarter.&nbsp;

Watch |&nbsp;Russia-Ukraine War: Moscow steps up attacks in Eastern Kyiv; missiles cripple energy infra

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Just a day after firing a small missile showing anger towards US's increased regional presence, North Korea fired a suspected intercontinental ballistic missile (ICBM) on Friday, South Korea said on Friday.

Just a day after firing a small missile showing anger towards US's increased regional presence, North Korea fired a suspected intercontinental ballistic missile (ICBM) on Friday, South Korea said on Friday. In other news, United States House Speaker Nancy Pelosi announced on Thursday that she will not be contesting for the leadership role after the Republicans gained control. Meanwhile, Twitter has temporarily closed the office buildings amidst reports of mass exodus after Elon Musk’s “hardcore” work ultimatum failed to motivate the employees to work for "long hours at high intensity”.Finally, Andy Jassy, CEO of the retail giant Amazon said that the layoffs will extend to the next year 2023 as the firm has not yet concluded the review as per its business conditions. Click on the headlines to read more: North Korea fires suspected ICBM, Japan says it fell in exclusive economic waters Seoul's Joint Chiefs of Staff earlier said it had detected the "launch of an unidentified ballistic missile in an eastward direction". The coastguard warned ships not to approach fallen debris in the water. Nancy Pelosi to step down as US House Democratic leader after two decades Pelosi was the top Democratic leader in the US House for the better part of the last two decades and holds an important place in the politics of the country. During her speech, Pelosi confirmed that she will complete her term as a member of Congress. “I will not seek reelection to Democratic leadership in the next Congress,” Pelosi said. After Elon Musk's ultimatum, employees leave en masse, Twitter closes offices On Wednesday, Musk told employees that his goal was to build “Twitter 2.0” and for that, they have to choose between working “long hours at high intensity” or leave. He conducted a poll on the workplace app Blind for their response. In response, 42 per cent of 180 people chose the "Taking exit option, I'm free!" in the app, which verifies employees through their work email addresses and allows them to share information anonymously, according to multiple media reports. Amid slow economic growth, mass layoffs at Amazon across teams will continue till 2023, says CEO Andy Jassy The CEO has been putting continuous efforts into reducing the firm's ex[ensises amid its slow economic growth especially after the firm reported its smallest revenues in the holiday quarter. Watch | Russia-Ukraine War: Moscow steps up attacks in Eastern Kyiv; missiles cripple energy infra

Morning news brief: North Korea fires suspected ICBM, Pelosi steps down as US House Democratic leader & more

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