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According to Axios, US President Trump will meet with Ukrainian President Zelensky in New York on Tuesday, as the US works toward a de-escalation agreement between Russia and Ukraine.September 21 – French President Emmanuel Macron said on the 20th that France supports the agenda of closer ties between Canada and the European Union, and supports Canada becoming a joint member of the EU. Macron made the remarks during a joint press conference with visiting Canadian Prime Minister Mark Carney in Saint-Pierre, the capital of the French overseas territory of Saint-Pierre and Miquelon. Macron said this was the first official visit by a Canadian prime minister to Saint-Pierre and Miquelon, and that the two countries would strengthen cooperation in areas such as fisheries, security, and energy.On September 21st, according to a Nikkei report, the Japanese government will collaborate with major machinery manufacturers to collect data for machine learning in physical AI applications such as autonomous robots. The project will achieve cross-manufacturer data collection by assigning unique IDs to factory equipment. Japan reportedly aims to reach a 20 trillion yen (approximately US$127 billion) AI robot industry scale by 2040, capturing over 30% of the global market share. Japan hopes to leverage its domestic manufacturing base to prepare high-quality data for machine learning, paving the way for the development of competitive, domestically produced AI robots.According to Nikkei: Japan will use industrial machinery to collect physical artificial intelligence data.September 21 – According to Irans Tasnim News Agency, a spokesperson for Irans Civil Aviation Organization stated that, as of now, neither the Iraqi government, the Ministry of Transportation, nor the countrys aviation authorities have issued any official statement regarding a complete suspension of flights between Iran and Iraq. Claims of canceling all flights between Iraq and Iran have not been officially confirmed and have been denied.

U.S. Senate to hold FTX hearing on Dec. 1, CFTC chairman to testify

Cory Russell

Nov 22, 2022 15:35

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The U.S. Senate Agriculture Committee on Thursday said it will hold a hearing on Dec. 1 to examine the sudden collapse of FTX, one of the world’s biggest crypto exchanges.


FTX filed for bankruptcy on Nov. 11, leaving an estimated 1 million customers and other investors facing billions of dollars in total losses. The firm’s failure has created a liquidity crunch that has rippled across the industry and sent the prices of bitcoin and other digital assets plummeting.


Rostin Behnam, the chairman of the Commodity Futures Trading Commission, is the first witness named for the hearing, titled, “Why Congress Needs to Act: Lessons Learned from the FTX Collapse.”


U.S. Senate Agriculture Committee Chair Debbie Stabenow also on Thursday called on Congress to pass the bipartisan Digital Commodities Consumer Protection Act, which she said, “would have prohibited the misconduct and risky behavior undertaken by FTX.”


The U.S. House Financial Services Committee has also said it plans to hold a hearing in December to investigate FTX’s collapse.


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