Author

admin

Browsing

Uganda’s main opposition leader Bobi Wine has been “seriously injured” in a confrontation with police, his party the National Unity Platform (NUP) said Tuesday.

The NUP said in a post on social media that Wine was shot in the leg in an attempt on his life, just outside the capital Kampala. Local police said however that the injury was caused when the popstar-turned-politician “stumbled while getting into a vehicle.”

Wine, whose real name is Robert Kyagulanyi, was the main opposition frontrunner in the presidential elections in January 2021 and lost to President Yoweri Museveni. Museveni claimed at the time that he had been re-elected for a sixth term despite widespread allegations of fraud and intimidation.

The NUP said in a post on ‘X’ that Wine was in Bulindo to meet a lawyer when “the police and military … surrounded our vehicles and started firing live bullets, teargas canisters and other projectiles.”

According to the NUP, Wine “was clearly targeted” and shot in the leg.

“Security operatives have made an attempt on the life of President Bobi Wine,” the NUP claimed on ‘X’.

Images posted on his own ‘X’ account show Wine bleeding and lying in a hospital bed, with a bleeding injury on his shin. A statement on his account said he is being treated by doctors after the shooting.

“During the ensuing altercation, it is alleged that he sustained injuries. Police officers on site claim he stumbled while getting into his vehicle, causing the injury, whereas Hon. Kyagulanyi and his team assert that he was shot,” the police statement said, adding that an investigation is being conducted.

This post appeared first on cnn.com

Delegations from dozens of African countries are gathering in Beijing for a three-day summit set to see China showcase itself as a lead partner for the continent, despite slowing lending for its development – and as it faces rising frictions with the West.

A procession of African leaders have arrived in the Chinese capital in recent days, greeted at the airport by honor guards and dance troupes with images flashed across state media, while Chinese officials have touted the gathering as the largest diplomatic event they’ve hosted in recent years.

The fanfare comes as Chinese leader Xi Jinping has much to signal to his visiting counterparts, and the world, as the summit gets underway Wednesday.

It is the first such gathering between Chinese and African leaders in the capital since 2018 and arrives at a critical juncture in ties between Beijing and a continent that’s home to its only overseas military base and where it has been the driving economic foreign power.

In recent decades, free flowing Chinese funding has driven the construction of highways, rail lines and power plants across Africa. The financing has filled funding gaps and expanded China’s political influence, but also generated criticism it was saddling countries with unsustainable debt.

Now, in the face of these concerns and its own economic slowdown, Xi and his officials will be likely pitching a new tune – what they posit as sustainable “small yet beautiful” investments and more collaboration on the green technologies in which China leads the world in producing.

This week will be Beijing’s most high-profile chance to telegraph that vision, as it seeks to point the direction forward for ties with a continent whose political backing is only growing more important amid Beijing’s rising frictions with Washington – and for Xi’s aim to position China as a champion of the Global South and alternative leader to the US.

How these changes play out for African leaders remains another question. South African President Cyril Ramaphosa bluntly called on China to “narrow the trade deficit and address the structure of our trade” during a bilateral meeting with Xi on Monday.

‘Critical questions’

A number of leaders are arriving for the three-yearly Forum on China and Africa Cooperation from countries grappling with heavy international debt, including from Chinese loans, and seek more investment and trade to boost their economies.

They will likely probe whether a 2021 pledge from Xi to import products worth $300 billion from Africa by next year will be achieved. They’re also likely to press for ways to ensure growing trade is not merely an exchange of African raw materials for Chinese manufactured goods.

“Critical questions are going to be asked –  and so African countries and their Chinese partners are going to be hard pressed to provide answers,” said Paul Nantulya, a senior China specialist at the Africa Center for Strategic Studies in Washington.

When it comes to investment, even before the pandemic, China had already been reducing funding for the big-scale infrastructure projects that saw the world’s second largest economy become Africa’s largest bilateral creditor over recent decades.

Chinese lending to African government or state-linked borrowers cratered during the pandemic, reaching a low of roughly $1 billion in 2022, according to Boston University’s Global Development Policy Center. The data showed a modest recovery to $4.6 billion in 2023, a far cry from a peak of more than $28.8 billion in 2016.

Some African leaders holding talks in Beijing are facing steep challenges repaying debt from China and other lenders.

Kenya, whose president, William Ruto, is in Beijing this week, was rocked by protests earlier this summer over a finance bill introduced by the government to rein in public debt. That debt includes nearly $6 billion owed to China and more than $20 billion payable to multilateral banks, according to an April government statement.

Analysts say China is not the main cause of African debt distress in most cases, making up a comparatively small portion of the continent’s overall public debt. But the influx of Chinese loans increased the debt burden, and observers suggest China has moved too slowly or been inflexible in cases when it comes to helping countries that are heavily indebted to it get relief.

Beijing has defended its lending practices and its efforts to ease debt repayment but is unlikely to make debt relief a major theme of the multilateral summit, where it will focus on trade measures and promoting what it says is a shift to “small yet beautiful” investments.

The term, referring to projects with smaller budgets and environmental or social impact, has emerged as a key buzzword as Xi’s flagship Belt and Road Initiative (BRI). That’s as the infrastructure drive for the developing world transitions to a new phase following a decade of growth – that saw some projects slammed for environmental costs or poor labor standards and others stalled.

“There will be fewer projects but a greater spotlight on them. In an ironic way, I think this will lead to a more sustainable path,” said Bhaso Ndzendze, an associate professor of politics and international relations at the University of Johannesburg in South Africa.

But “the African side is keen to accept almost anything that China has to offer,” he continued, pointing to limited alternative avenues of support.

Beijing is also expected to push to make Africa’s market a destination for its prolific production of green tech like solar panels and electric vehicles.

The move may be welcomed by African nations grappling with power shortages and climate threat, but also comes as such Chinese goods face hefty tariffs in the US, Europe and Canada, as those markets move to block what they see as a flood of unfairly subsidized products.

Competition with the West

Past gatherings of the twenty-four-year-old forum have included big promises of financing and boosting bilateral trade. Beijing will now be keenly aware that its commitments face competition.

In recent years, the US and its European partners have launched their own efforts to fund infrastructure in Africa, widely seen to be driven by their concern over China’s expansive footprint in the region – and its access to African critical minerals key for the fabrication of green tech.

“Now (China) has competition on the street … so that also might trigger them to keep the momentum going on infrastructure, because they don’t want to cede that space to the US,” said Ammar A. Malik, a faculty affiliate in public policy at William & Mary, who monitors China’s overseas spending.

Xi is also expected to use the gathering to project to the rest of the world the idea of solidarity between China’s view on the world and that of countries across Africa – a sign to Washington that despite pressure from the US and its allies, Beijing has numerous friends.

Visiting leaders are likely to continue to endorse Xi’s cornerstone rhetoric around building a global “community with a shared future,” a vision he sees as unlike the one that’s been unfairly dominated by the West. Attendees could also express a unified opinion on global issues like the wars in Ukraine and Gaza.

The forum has, in recent years, expanded beyond economic cooperation into areas like peace and security, alongside China’s own growing security interests in the region, where its companies’ sprawling mining operations have been subject to criminal attacks.

“China-Africa relations is going back to the basics in the sense that it started as a political relationship,” said Ovigwe Eguegu, a Nigeria-based policy analyst at the consultancy Development Reimagined.

Eguegu pointed to current Chinese Communist Party-funded initiatives to fund training for African political parties as well as African port calls from the People’s Liberation Army navy and joint military drills as part of a “ramping up of engagement in the political-security dimension.”

“China is preparing its diplomatic relationships across the world for a world that is expressing geopolitical tensions,” he said.

This post appeared first on cnn.com

The banging on the door started just after sunrise, when law student Iftekhar Alam was still sleeping in his fifth-floor apartment.

Around half a dozen armed police officers pushed inside, shouting obscenities and telling him he had wronged the nation of Bangladesh.

“Where is your phone? Where is your laptop?” the officers shouted as they pointed their guns at him and searched his apartment, Alam said. “They were like crazy, really crazy.”

“They put me in the black glass car, and right away, they handcuffed me. They blindfolded me,” he said.

Alam believes he was taken to Aynaghor, known in Bangladesh as the “House of Mirrors” – a notorious detention center at the headquarters of the Directorate General of Forces Intelligence (DGFI) in the capital Dhaka.

Human rights groups say hundreds of people were tortured there during the 15-year rule of former Prime Minister Sheikh Hasina, who resigned in August after weeks of protest.

After Hasina fled the country by helicopter, some of the political prisoners detained in Bangladesh’s shadowy prison system have been freed and have started to reveal what took place there.

‘My life will end here’

Alam, 23, had been part of anti-government protests since they began in early July, and was close friends with one of the main protest leaders.

The protests started as student-led demonstrations against government job quotas, then later exploded into a nationwide movement to expel Hasina after she ordered a deadly crackdown, killing hundreds of people in Bangladesh’s worst political violence in decades.

During the interrogations, Alam said he was pressured to reveal the locations of the protest leaders. His captors threatened to “vanish” and kill him if he didn’t.

In detention, he says security personnel tortured him for hours – they beat him all over his body with metal pipes until they broke bones in his foot, then forced him to walk around in circles over and over, making him vomit from the pain.

They also extinguished cigarettes on his hands and feet, screaming at him that he would be punished further if he cried out in pain – calling it a “game,” he said.

Alam said his interrogators told him that the next phase was electric shocks and waterboarding – and gave him a “sample” of the electric shock on the back of his neck as a warning.

“There is no escaping from this, and my life will end here, and no one will know,” he said, reflecting on his mindset during those hours.

Rights groups say he’s far from the only victim.

During Hasina’s rule, detainees were subjected to torture at a network of other secret centres across the country, run by the Rapid Action Battalion (RAB) and the Detective Branch of the police, according to Odhikar, a Bangladeshi human rights organization.

The RAB – a joint taskforce composed of the police, military and border guards – was sanctioned by the United States in 2021 for its alleged involvement in “serious human rights abuse.”

Odhikar estimates that 709 people were forcibly disappeared under Hasina’s rule. Some were later released, sentenced or found dead – 155 are still missing.

“Bangladeshi law enforcement agencies and security forces systematically committed enforced disappearances” mostly targeting “academics, journalists, dissenting voices, and political activists” which created a “climate of fear in the country,” Okhikar said in a statement on August 29.

International rights groups like Amnesty International and Human Rights Watch have also published multiple reports documenting disappearances and torture by police and other security forces during Hasina’s rule.

Nobel Peace Prize Laureate Mohammed Yunus – who is leading the new interim government – has announced the creation of a commission to investigate the “disappeared” people, and has invited a UN fact-finding team to Bangladesh to independently probe alleged atrocities committed during the recent protests.

“The issue of enforced disappearances has a long and painful history in Bangladesh,” said Ravina Shamdasani, spokesperson for the UN High Commissioner for Human Rights.

“The UN Human Rights Office looks forward to supporting the Interim Government and people of Bangladesh at this pivotal moment to revitalise democracy, seek accountability and reconciliation, and advance human rights for all the people in Bangladesh.”

Hours after Hasina fled and her government collapsed – and within 24 hours of his capture – Alam said he was released.

His captors dropped him on a quiet road before dawn, threatening to shoot him if he opened his eyes as they drove away.

Nearly one month after his release, Alam has had the plaster cast on his foot removed, and he is now moving around on crutches.

But he says the mental scars will take much longer to heal.

“It was like (a) nightmare,” he said.

Targeting protest leaders

Nusrat Tabassum – one of the most senior women coordinating the protest – was also pursued by the authorities.

“(It was a) very traumatic time for me,” Tabassum said. “They broke three doors. They took me with them, and oh my god, the physical torture, that was miserable.”

Tabassum says she was badly beaten during five days in detention from July 28 to August 1. She re-joined the protests the day after her release.

The 23-year-old political science student attends the prestigious Dhaka University, which became a central gathering point for the protests in July and early August.

On the university’s manicured campus sits Curzon Hall, a British colonial-era building surrounded by palm trees that offers an oasis away from the chaotic streets of the capital.

As Tabassum walks through the building’s historic arches, it’s clear that her bravery has turned her into a poster child for the movement.

Fellow female students occasionally stop her to take selfies and ask about her time in detention.

“Our reunion will be at Aynaghor,” one shouts at her as she walks past – a sign of how many of the students spent time at detention centers. “Aynaghor” or “House of Mirrors” has morphed into a catch-all term for the various places political prisoners were held.

Tabassum says she was beaten for more than four hours, covering her in bruises, filling her mouth with cuts, and bursting her ear drum.

“Without (a) hearing aid, I can’t listen in my right ear,” Tabassum said. “Two teeth (became) loose because of the beating.”

During her detention, she was forced to make a joint confession with five other student leaders which was broadcast on television.

“They forced us to make a video statement that we stopped our protest, and there will be no more movement,” she said.

Making that video was “more traumatic” than the beatings, she said, because she feared the people of Bangladesh would feel betrayed.

“That was the most sad thing,” she said.

Bangladesh 2.0

Tabassum said that when word spread that Hasina had resigned her post, ending her authoritarian grip on the country, protesters felt their sacrifice had been worth it.

“I cried a lot after I heard the news,” she said. “It was like I lived for that moment my whole life.”

As she continues her recovery, Tabassum says she’s struggling with memory loss, and has trouble recalling events that occurred even before the beating.

But she is determined to help shape the new country – or “Bangladesh 2.0”, as people here call it.

Protest art and murals now line the streets of Dhaka with striking pop art-style designs and slogans such as “long live resistance,” “let your dreams fly,” and “this is new Bangladesh, made by Gen Z.”

The streets are alive with renewed optimism and civic pride – with micro-protests popping up across Bangladeshi cities, as interest groups try to make their voices heard during the reform process.

Previously, many people were too afraid to protest on the streets for fear of arrest or being “disappeared” under the time of Hasina.

But now even families are on the street, campaigning for the release of victims caught in Bangladesh’s shadowy detention system.

There’s cautious optimism that the country will change under new leadership, but some remain wary, as instability pervades every sector of society.

Yunus, the interim leader, has asked the public for patience as his team tries to address “mountain-like challenges” after “15 years of fascist rule.”

The students who brought him to power believe that he will uphold the country’s best interests.

Yunus has “guardian vibes,” Tabassum said.

“He cares about us, he cares about my country,” she said. “We like to keep our trust in him.”

But she acknowledges that “post revolution reformation is very hard.”

“My country is sick,” she said. “But our people, we (will) stand together.”

This post appeared first on cnn.com

A series of smiling Instagram photos of diplomats wearing purple and enjoying cupcakes has caused a spat between Iran and Australia, with the Australian ambassador summoned to explain the “disrespectful” behavior.

The Australian Embassy in Tehran posted photos on Monday to mark Wear It Purple Day, an annual celebration of LGBTQIA+ youth founded in Australia.

“Today, and every day, we’re dedicated to creating a supportive environment, where everyone, especially LGBTQIA+ youth, can feel proud to be themselves,” the caption read.

The post drew swift condemnation from Iran’s Ministry of Foreign Affairs, which deemed it “disrespectful and contrary to Iranian and Islamic cultural norms,” according to state news agency IRNA.

Homosexuality is illegal in Iran, which considers same-sex relations a breach of Islamic values, punishable under the country’s Sharia-based law.

“The official Instagram page of the Australian Embassy in Tehran has promoted homosexuality in a derogatory post,” IRNA reported.

Australian ambassador Ian McConville responded by saying the embassy “had no intention of offending the Iranian people,” according to IRNA.

The bi-lingual post on the official Australia In Iran Instagram account has drawn thousands of likes and comments, including from the German Embassy Tehran which responded with three purple heart emojis.

Asked about the diplomatic spat in an interview with Australia’s national broadcaster, the ABC, government minister Murray Watt said he was “concerned” about Iran’s reaction to a message he said was in keeping with his own country’s values.

“We support all Australians, regardless of their sexual orientation, their gender, their race, and I am concerned to see this reaction from the Iranian government to the activities of the Australian embassy,” Watt told the ABC.

“We’re very proud about the fact that our embassies promote Australian values internationally and I’m very concerned to see an overseas government seemingly take action against an Australian embassy that is upholding Australian values,” he said.

According to Amesty International, LGBTQIA+ people suffer “systemic discrimination and violence in Iran,” where the punishment for consensual same-sex relations ranges from flogging to the death penalty.

Iranian authorities have sentenced rights advocates to death over posts on social media.

In 2021 prominent Iranian LGBTQIA+ campaigners Zahra Sedighi-Hamadani and Elham Chobdar were arrested and later sentenced to death for alleged crimes including “corruption on earth” and “promoting homosexuality” over social media, according to the US government and Amnesty International.

Both advocates were released on bail in 2023, and Sedighi-Hamadani fled Iran for an “undisclosed country” the next year. Chobdar was re-arrested in 2024 and remains in detention, according to the United States Commission on International Religious Freedom.

This post appeared first on cnn.com

Ukraine’s Foreign Minister Dmytro Kuleba tendered his resignation ahead of an expected major cabinet reshuffle as a fresh wave of Russian missiles overnight killed at least seven people, including a child.

Kuleba is the latest high-profile member of President Volodymyr Zelensky’s cabinet to resign as Russia’s invasion grinds on, and his decision comes ahead of an expected visit by the president to the US this month.

As Ukraine’s top diplomat, Kuleba has been a prominent fixture in Zelensky’s administration and one of the most public-facing, especially overseas.

Ukraine’s parliament will consider the foreign minister’s resignation at one of its plenary meetings soon, speaker Ruslan Stefanchuk said on Telegram.

Davyd Arakhamia, the majority leader of Ukraine’s parliament, said Tuesday that there would be major changes expected in the cabinet this week.

“As promised, a major government reset can be expected this week. More than 50% of the Cabinet of Ministers’ staff will be changed,” Arakhamia said on Telegram, adding that new members would be appointed imminently.

Among those who have resigned was the Minister for Strategic Industries Oleksandr Kamyshin, who was in charge of weapons production. He is expected to assume another defense role, Reuters reported.

The resignations also include the justice, environment and reintegration ministers.

In his nightly address Tuesday, Zelensky said the coming fall will be “extremely important for Ukraine” and as such “our state institutions must be set up so that Ukraine achieves all the results we need.”

“To do this, we need to strengthen some areas of the government… I am also counting on a slightly different weight for certain areas of our foreign and domestic policy,” he said.

Missiles hit Lviv

The expected reshuffle came as Russian missiles continued to rain down on Ukrainian cities.

Lviv’s mayor Andriy Sadovyi confirmed the deaths and said residential buildings were damaged in the attack.

Earlier, the head of the city’s regional military administration Maksym Kozytskyi said among the dead is a 14-year-old girl and that at least 25 people were injured in the attack. A 15-month-old child suffered “moderate” injuries and four other children have minor injuries, he said.

Lviv, in Ukraine’s far west, is generally considered one of the safer places in the country and many people from eastern regions relocated there to seek safety.

The day before, a Russian strike against a military educational facility in central Ukraine killed 51 people and injured more than 200 others, according to Ukraine’s prosecutor general’s office, in one of the deadliest single attacks since the start of Moscow’s full-scale invasion in February 2022.

“Ordinary residential buildings in the city, schools, and medical facilities were damaged,” Zelensky said of the Lviv attack in a Telegram post Wednesday.

Five people were also injured in Russian attacks in the central city of Kryvyi Rih after a hotel building was destroyed, according to the head of the Dnipropetrovsk regional military administration Serhiy Lysak. It came just over a week after Russia launched a massive drone and missile attack aimed at energy infrastructure across the country, in which two were killed in an attack on a hotel in Kryvyi Rih.

“Each of our partners in the world who help Ukraine with air defense is a real defender of life,” Zelenksy said, appealing for more support for its air defenses. “And anyone who convinces partners to give Ukraine more range in order to respond to terror justly is working to prevent such Russian terrorist attacks on Ukrainian cities. Terror must be stopped.”

This is a developing story and will be updated.

This post appeared first on cnn.com

Even as mortgage interest rates were rising, home prices reached the highest level ever on the S&P CoreLogic Case-Shiller U.S. National Home Price Index.

On a three-month running average ended in June, prices nationally were 5.4% higher than they were in June 2023, according to data released Tuesday. Despite being a record high for the index, the annual gain was smaller than May’s 5.9% reading.

The index’s 10-city composite rose 7.4% annually, down from 7.8% in the previous month. The 20-city composite was 6.5% higher year over year, down from a 6.9% increase in May.

“While both housing and inflation have slowed, the gap between the two is larger than historical norms, with our National Index averaging 2.8% more than the Consumer Price Index,” noted Brian Luke, head of commodities, real and digital assets at S&P Dow Jones Indices, in a release. “That is a full percentage point above the 50-year average. Before accounting for inflation, home prices have risen over 1,100% since 1974, but have slightly more than doubled (111%) after accounting for inflation.”

New York saw the highest annual gain among the 20 cities, with prices climbing 9% in June, followed by San Diego and Las Vegas with annual increases of 8.7% and 8.5%, respectively. Portland, Oregon, saw just a 0.8% annual rise in June, the smallest gain of the top cities.

Since housing affordability has been a major talking point in this election cycle, this month’s report also broke out home values by price tier, dividing each city’s market into three tiers. Looking just at large markets over the past five years, it found that 75% of the markets covered show low-price tiers rising faster than the overall market.

“For example, the lower tier of the Atlanta market has risen 18% faster than the middle- and higher-tiered homes,” Luke wrote in the release.

“New York’s low tier has the largest five-year outperformance, rising nearly 20% above the overall New York region,” he continued. “New York also has the largest divergence between low- and high-tier prices. Conversely, San Diego has seen the largest appreciation in higher-tier homes over the past five years.”

Prices in the overall San Diego market are up 72% in the past five years, but the high tier is up 79% versus 63% for the lower tier.

The increase in prices came even as mortgage rates rose sharply from April through June, which is the period averaged on the index. Usually when rates rise, prices cool.

The average rate on the 30-year fixed started April just below 7% and then shot up to 7.5% by the end of the month, according to Mortgage News Daily. Rates stayed over 7% before falling back under that level in July. The 30-year fixed is now right around 6.5%.

“Mortgage rates have fallen since June, but there is evidence that even the decline in rates has not been enough to bring buyers back into the market,” said Lisa Sturtevant, chief economist at Bright MLS. “Some buyers are waiting for home prices — and not just interest rates — to come down,”

While home prices should ease month to month going into the fall, due to seasonal factors and more inventory on the market, they are unlikely to drop significantly, and are expected to still be higher than they were last fall.

This post appeared first on NBC NEWS

ESPN has gone off the air on a major carrier for the second straight year during the U.S. Open tennis tournament and in the midst of the first full weekend of college football.

Disney Entertainment channels went dark on DirecTV Sunday night after the sides were unable to reach a new carriage agreement.

The move angered some sports fans, who posted their displeasure on social media. And the U.S. Tennis Association wasn’t pleased with another carriage dispute.

ESPN was showing the fourth round of the U.S. Open when it went off the air on DirecTV at 7:20 p.m. ET.

That was a half-hour before the start of the match between Frances Tiafoe, an American who reached the 2022 U.S. Open semifinals, and Alexei Popyrin, an Australian who eliminated defending champion Novak Djokovic on Friday.

“It is disappointing that fans and viewers around the country will not have the opportunity to watch the greatest athletes in our sport take part in the 2024 U.S. Open due to an unresolved negotiation between DirecTV and Disney, resulting in the loss of access to ESPN. We are hopeful that this dispute can be resolved as quickly as possible,” the USTA said in a statement.

It also happened 10 minutes before the start of the college football game between No. 13 LSU and 23rd-ranked Southern California in Las Vegas.

ABC-owned stations in Los Angeles; the San Francisco Bay Area; Fresno, California; New York; Chicago; Philadelphia; Houston; and Raleigh, North Carolina, also went off DirecTV.

Last year, Disney and Spectrum — the nation’s second-largest cable TV provider — were involved in a nearly 12-day impasse until coming to an agreement hours before the first Monday night NFL game of the season.

DirecTV said Disney offered an extension to keep the channels on the air in exchange for DirecTV having to waive all future legal claims that its behavior is anti-competitive.

“The Walt Disney Co. is once again refusing any accountability to consumers, distribution partners, and now the American judicial system,” said Rob Thun, DirecTV’s chief content officer, in a statement. “Disney is in the business of creating alternate realities, but this is the real world where we believe you earn your way and must answer for your own actions. They want to continue to chase maximum profits and dominant control at the expense of consumers — making it harder for them to select the shows and sports they want at a reasonable price.”

DirecTV has 11.3 million subscribers, according to Leichtman Research Group, making it the nation’s third-largest pay TV provider.

Dana Walden and Alan Bergman, co-chairmen of Disney Entertainment, and ESPN chairman Jimmy Pitaro issued a joint statement urging DirecTV to finalize a deal.

The statement added that “while we’re open to offering DirecTV flexibility and terms which we’ve extended to other distributors, we will not enter into an agreement that undervalues our portfolio of television channels and programs. We invest significantly to deliver the No. 1 brands in entertainment, news and sports because that’s what our viewers expect and deserve.”

The impasse comes as networks and distributors continue to be at odds over content. Distributors and subscribers would like to see a model where they can buy channels a la carte instead of subscribing to a bundling package.

Distributors are also frustrated with production companies putting some of their premium programing on direct-to-consumer platforms before they show up on channels. DirecTV cited the miniseries “Shogun” appearing on Hulu before FX.

“Consumer frustration is at an all-time high as Disney shifts its best producers, most innovative shows, top teams, conferences, and entire leagues to their direct-to-consumer services while making customers pay more than once for the same programming on multiple Disney platforms,” Thun said. “Disney’s only magic is forcing prices to go up while simultaneously making its content disappear.”

Besides all ESPN network channels and ABC-owned stations, Disney-branded channels Freeform, FX and National Geographic channel went dark on DirecTV.

This post appeared first on NBC NEWS

Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the Games in a bid to grab more viewership — especially for its growing streaming platform, Peacock.

It appears to have paid off so far — more than 30 million people tuned in to NBC’s TV and streaming platforms to watch the games, and a record $1.2 billion in advertising revenue was generated.

NBC executives, having touted the Olympics as a growth driver and differentiator in the increasingly crowded landscape of streaming and live sports, are now looking to extend the benefit beyond the Games and into future live sports.

“We completely changed the game plan internally. We ripped up the playbook two years ago,” said Jenny Storms, chief marketing officer of entertainment and sports at NBCUniversal. “It was very scary at the time to take the institutional knowledge that we had for so long and rip it up and start over. We really started new and fresh in totality, from production to company wide counterparts.”

The Olympics have long been key to NBCUniversal. Paris marked the 18th Olympic Games broadcast by NBC in the U.S. The company renewed the rights in 2014, agreeing to pay $7.65 billion for the Games between 2022 and 2032, amounting to more than $1.2 billion for each.

Just before Paris, efforts had fallen flat. The 2021 Tokyo Olympics and 2022 Beijing Olympics drew the lowest-ever audiences for Summer and Winter Games, respectively.

Storms noted there were factors at play in those last two Olympic Games that were largely out of NBCUniversal’s control.

Both of the Games were shrouded by the early stage of the pandemic. Tokyo was postponed by a year, and fans and families weren’t present at either games. The time zone difference from Asia worked against the U.S. broadcast, too.

NBC microphones sit on the field on July 30 in Marseille, France.Brad Smith / ISI / Getty Images file

But notably the strategy for Peacock during those Games appeared to be the biggest misstep. In Tokyo, very few events were available to stream live on Peacock. In Beijing, the live content was there, but fans had trouble finding what they wanted to watch.

“We made a claim that Peacock would be the home of the Olympics, and we didn’t exactly deliver,” said Mark Lazarus, chairman of NBCUniversal Media Group. “We were nervous about how much content to put on there, how to program it and how to cross-deliver it [with traditional TV]. And we were rightly told by the fanbase that we didn’t deliver what we said we would.”

Executives across the company have credited Paris as a part of the success of this year’s Olympics, between the eye-catching scenery — with the Opening Ceremony on the Seine River and beach volleyball played in front of the Eiffel Tower, to name a couple — and favorable time zone working in NBC’s favor.

The company also began marketing the Olympics much earlier this time around, employing various parts of NBCUniversal to get the word out, from news programs and talk shows, to various forms of advertising, Storms said.

Both Storms and Lazarus also noted the success of airing the Olympic trials in the weeks before the games.

“We never really pushed hard with the trials before,” Storms said. “But it was the most streamed trials ever, and it was important to warm America up.”

And then there was the star factor of NBCUniversal’s internal roster.

The company used its own talent more strategically in 2024, executives said. Besides airing promos for content, NBC A-listers were integrated into the events themselves, co-hosting and reporting from the sidelines. Fan favorite Snoop Dogg, a special correspondent for NBC Olympics, generated social media buzz and drew more eyes to the live events. And, his stand-out presence in Paris helped promote his upcoming role with NBC’s “The Voice” this fall.

Snoop Dogg at the Paris 2024 Olympic Games on Aug. 9.Odd Andersen / Getty Images file

“We had a great experience with Snoop, we are definitely in the Snoop business with ‘The Voice,’ and hope to be in the Snoop business in the future,” said Lazarus, adding NBCUniversal doesn’t have a commitment yet with Snoop Dogg for future Olympics.

Other NBC talent attended the Games to promote their projects, too. Mariska Hargitay, who’s played the character Olivia Benson on “Law & Order: SVU” since 1999, was in Paris promoting the show’s 26th season. A variety of “Saturday Night Live” cast members were present, including Colin Jost, who covered surfing in Tahiti and had to make an early exit due to health issues.

Shows from both NBC and Peacock were also promoted at the Games, and Universal’s upcoming film, “Wicked,” was highlighted often, with stars Ariana Grande and Cynthia Erivo appearing on the Opening Ceremony red carpet.

The “Wicked” actors also voiced a promotional piece for U.S. gymnastics powerhouse Simone Biles, and an exclusive clip of the film was aired during the “Today” show from Paris. NBC said among moviegoers, ”‘Wicked’ gained ground across measures during the Olympics, doubling our level of top of mind awareness, and increasing total awareness,” according to polling.

Arguably no NBC property shined brighter during the Olympics than streaming platform, Peacock.

Due in large part to Peacock, 23.5 billion minutes of the Olympics were streamed, up 40% from all prior Summer and Winter Olympics combined, according to a release.

“Peacock delivered in every way that we hadn’t before,” said Lazarus.

Besides having all live coverage, exclusive shows like “Gold Zone,” hosted by Scott Hanson of “NFL Red Zone,” gave fans more options for all-day viewing. There were also features built solely for the Olympics, such as an artificial intelligence function featuring daily recaps in the voice of Al Michaels, a longtime voice of marquee NFL games.

Cynthia Erivo and Ariana Grande attend the red carpet at the Olympic Games Paris 2024 on July 26.Matthew Stockman / Getty Images file

An estimated 2.8 million consumers signed up for Peacock during the first week of the Summer Games, averaging nearly 400,000 additions daily, according to data provider Antenna. This nearly matched the sign ups driven by Peacock’s exclusive NFL Wild Card game in January, according to Antenna. The game is considered the most streamed live event in history with 27.6 million viewers, according to Nielsen.

While Comcast recently reported Peacock had 33 million paid customers as of June 30 — 500,000 less than the prior period, and widely attributed to the loss of customers exiting after the Wild Card game —analyst Craig Moffett of MoffettNathanson said it’s worth noting the customers that remained since the Wild Card game.

“I suspect they’ll have the same experience with the Olympics,” Moffett said. “Sure, some of those customers will leave but they will probably end up keeping a lot more than not.”

Still, traditional TV made up the bulk of viewership during the Paris Games — nearly 90% of viewers watched on broadcast and cable channels, Lazarus said. Aided by the more favorable time zone, NBC aired live events on TV and Peacock during the day and rebranded the evening broadcast as “Primetime in Paris,” replaying big events with sidecar programming and interviews.

The strategy used in Paris will serve as the roadmap for future Olympics — the Milan Winter Olympics in 2026 and Los Angeles Summer Games in 2028 — as well as other live sports aired on NBC’s TV networks and Peacock, executives said.

Shortly after the 2024 Olympics comes the new seasons of English Premier League soccer, American college football and National Football League. NBC will also be the rights holder of National Basketball Association games beginning in the 2025-2026 season.

“I think Peacock is getting much more sophisticated, as we’ve seen with the Olympics, in how they can do sports coverage,” said Shirin Malkani, co-chair of the sports industry group at Perkins Coie.

Disclosure: CNBC parent NBCUniversal owns NBC Sports and NBC Olympics. NBC Olympics is the U.S. broadcast rights holder to all Summer and Winter Games through 2032.

This post appeared first on NBC NEWS

German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its home country for the first time in its nearly 90-year history.

Volkswagen’s management is expected to lay out its plans before about 18,000 workers at a town hall meeting in Wolfsburg on Wednesday morning, amid speculation that the carmaker could push to close sites in Osnabrueck in Lower Saxony and Dresden in Saxony.

A spokesperson for Volkswagen was not immediately available to comment when contacted by CNBC on Tuesday.

In a move that underlines the challenges facing Europe’s top legacy carmakers, Volkswagen warned on Monday that it would no longer be able to rule out plant closures in Germany.

The Wolfsburg-headquartered company also said it felt compelled to bring an end to its employment protection agreement — a job security program that has been in place since 1994 — in order to secure “urgently needed structural adjustments for greater competitiveness in the short term.”

Volkswagen Group CEO Oliver Blume said in a written statement on Monday that the carmaker would need to “act decisively” in order to future-proof the company.

“The European automotive industry is in a very demanding and serious situation,” Blume said.

“The economic environment became even tougher, and new competitors are entering the European market. In addition, Germany in particular as a manufacturing location is falling further behind in terms of competitiveness,” he added.

Volkswagen said that all necessary measures would be discussed with the General Works Council — a group of elected staff members that represent the interests of a company’s workforce — and with top German industrial union IG Metall. Both groups, which hold significant influence at the company, have been sharply critical of the proposals.

Daniela Cavallo of Volkswagen’s General Works Council said that the faction would “fight bitterly” against the potential plant closure measures, while a spokesperson for IG Metall described the plan as one that “shakes the foundations of Volkswagen and poses a massive threat to jobs and locations.”

Shares of Volkswagen dipped 0.8% at around 2:15 p.m. London time on Tuesday, paring gains from the previous session. Volkswagen’s stock price has fallen by more than 33% over the past five years.

The downturn comes amid a difficult economic environment for the carmaker and an influx of new rivals in Europe, as Volkswagen attempts to survive the transition to electric cars.

“The situation is extremely tense and cannot be resolved through simple cost-cutting measures,” VW brand CEO Thomas Schäfer said on Monday.

“This is why we want to initiate discussions with employee representatives as soon as possible to explore the possibilities for sustainably restructuring the brand,” he added.

Volkswagen’s plans to consider unprecedented plant closures in Germany comes at a politically fraught time for Europe’s largest economy. Led by Chancellor Olaf Scholz, the ruling three-way coalition in Berlin was dealt a heavy blow in regional votes over the weekend.

“The German automotive industry stands for globally successful products and innovations. It is a central pillar for growth and prosperity in Germany,” a German government spokesperson told CNBC by email, without commenting specifically on Volkswagen’s planned measures.

“At the same time, it is currently in a challenging phase of transformation towards electromobility. This also requires the adaptation of traditional structures and measures for greater competitiveness,” the spokesperson added, according to a Google translation.

“A close social partnership is a hallmark of the German automotive industry. The Federal Government therefore appeals to the social partners involved to continue to fulfil this responsibility in the future.”

Thomas Besson, head of automotive research at Kepler Cheuvreux, said the problems at Volkswagen reflect an “industry-wide story.”

“We are seeing a major fragmentation story of the global automotive landscape,” Besson told CNBC’s “Street Signs Europe” on Tuesday.

“The situation … is also specific to Volkswagen, in the sense that they have put in place a number of guarantees for workers,” he added.

— CNBC’s Annette Weisbach contributed to this report.

This post appeared first on NBC NEWS

As Vice President Kamala Harris campaigns for the presidency in an election animated by populist energy, some of her chief advisers and donors are positioned against one of the Biden administration’s highest-profile efforts in that vein: reining in Big Tech.

Power players in the tech hothouse of Northern California have long nurtured the political rise of Harris, a native of Oakland, Calif. Donors who made their fortunes in the tech industry helped fuel Harris’s ascendance from San Francisco district attorney to the White House, and her inner circle includes several officials who have worked for Google, Uber and Meta CEO Mark Zuckerberg’s philanthropic initiative.

Top industry lobbyists and venture capitalists were in Chicago last month to fete Harris at the Democratic National Convention. They hope their close ties to the nominee might return the industry to its halcyon days during the Obama administration, which embraced innovation in Silicon Valley.

And this week, executives and venture capitalists are among the hosts of a Silicon Valley Women for Harris-Walz lunch in Atherton, Calif., an enclave for elite tech investors and executives. Tickets are $1,000 and up.

The Harris campaign will have to balance the interests of her longtime supporters in Silicon Valley against resentment of Big Tech’s power across the political spectrum — a sentiment her opponent, former president Donald Trump, is no less keen to harness.

Harris’s Big Tech ties generate anxiety among some liberal Democrats, who say Obama officials’ hands-off approach to regulation let tech companies quash rivals and undermine consumer privacy with impunity. They worry she could abandon the aggressive posture Democrats have taken toward the sector in the nearly eight years since Obama left the White House.

“The fear would be that it would impact her appointments, her policy decisions, her worldview,” said Jeff Hauser, executive director of the Revolving Door Project, a left-leaning advocacy group.

Since President Joe Biden took office, federal enforcers have aggressively gone after giants such as Google, Amazon and Meta over allegations they have run afoul of antitrust laws and illegally harmed consumers, filing a flurry of high-stakes legal challenges. (Amazon founder Jeff Bezos owns The Washington Post.)

Big Tech’s critics, many of them Democrats, have hailed those moves as a sea change for the Justice Department and Federal Trade Commission, which they long accused of a lax approach to the world’s most powerful tech companies.

In one telling example of the tensions, top Harris adviser Karen Dunn is leading Google’s defense against the Biden administration in an upcoming antitrust trial, slated to take place a day before next week’s Harris-Trump debate on ABC.

Google goes to federal court on Sept. 9 to fend off a lawsuit from Biden’s DOJ seeking to break up the company’s alleged monopoly over its advertising technology, the second antitrust case the federal government is pursuing against the company.

Dunn has emerged as one of Harris’s most influential advisers in the early days of her campaign, helping the nominee prepare for debates and shaping her policy and messaging strategy, as The Washington Post previously reported.

The Trump campaign has criticized Harris’s work with Dunn, calling it a “conflict of interest.”

“Think about how outrageous it is — their administration is suing Google, but Harris is taking political advice from the defendant’s lawyer,” Trump campaign senior adviser Tim Murtaugh told Fox News Digital.

Dunn and the Harris campaign did not respond to requests for comment.

The Harris campaign has also brought on veterans and associates of major Silicon Valley companies, including former Obama campaign manager David Plouffe, who worked as a policy executive for Uber and Meta CEO Mark Zuckerberg’s philanthropic venture; former U.S. attorney general Eric Holder, who has conducted audits for Uber and Microsoft; and Tony West, Harris’s brother-in-law, who continues to serve as Uber’s chief legal officer.

Venture capitalists said Harris was speaking their language in her acceptance speech, celebrating her commitment to expand access to capital for “founders” — their preferred term for Silicon Valley entrepreneurs.

Harris would seek to weigh the benefits and risks of artificial intelligence, West said last month in Chicago as part of a DNC panel hosted by tech industry representatives. Tech groups that have raised concerns about the Biden administration’s approach to regulating the technology were reassured by the talk from the campaign’s “informal ambassador to industry,” said Adam Kovacevich, who leads the liberal trade group Chamber of Progress.

“There’s a sense that she will take a fresh look at the issues,” Kovacevich said. “They’re not committing to what’s been done in the past.”

Brian Nelson, a key Harris adviser, told tech officials at the DNC that Harris wants to nurture and protect digital assets, Kovacevich said. The comments signaled that the campaign was trying to regain the support of cryptocurrency leaders who have been flocking to support Trump, amid tensions with the aggressive posture Securities and Exchange Commission Chairman Gary Gensler has taken to regulating digital currencies.

Amazon general counsel David Zapolsky, who leads the company’s efforts to battle antitrust challenges around the world, is a top Harris bundler and attended the convention in Chicago. So did Brad Smith, Microsoft’s president. Amazon is the target of a Federal Trade Commission antitrust suit, and the agency reached a deal that allows it to probe Microsoft’s relationship with OpenAI.

Kovacevich anticipates that a President Harris would focus her tech policy more on the issues she promoted as a senator than on the antitrust concerns of the Biden administration, pointing to her work on online sexual abuse, digital discrimination and privacy.

The debate over Harris’s posture toward the tech sector spilled into public view last month when Reid Hoffman, a major Democratic donor and an ally of the nominee, called on the vice president to fire FTC Chair Lina Khan if elected.

Khan is an icon among liberal Democrats and some conservatives critical of the tech giants, including Trump’s running mate, Ohio Sen. JD Vance. She has emerged as a linchpin of the Biden administration’s battle against corporate concentration, particularly within Silicon Valley. Hoffman, who sits on Microsoft’s board, said Khan was “not helping America” by “waging war” on businesses.

Hoffman’s remarks sparked outrage among the Democratic Party’s liberal flank, prompting consumer groups to write to Harris, urging her to publicly affirm her commitment to Khan.

“Some billionaires are cranky because they prefer to be able to break laws without accountability, but they don’t get to decide Vice President Harris’s economic agenda,” said Dan Geldon, former chief of staff to Sen. Elizabeth Warren (D-Mass.).

An unnamed Harris campaign aide told CNN that they have had no discussions about replacing Khan at this time, but Harris has not publicly commented on the issue.

The tech mogul’s remarks could backfire by creating a litmus test for Harris, said Hauser of the Revolving Door Project, because if she replaces Khan, “it’s going to look like she was bought and paid for by Reid Hoffman and a handful of other tech oligarchs.”

As California’s attorney general, Harris pressed tech companies to expand their data privacy protections and worked with digital platforms to curb nonconsensual explicit imagery, sometimes referred to as “revenge porn.” But her public remarks on tech and antitrust have been muddled.

As a presidential candidate in 2020, Harris said regulators “need to seriously take a look” at breaking up Meta, which she likened to an “unregulated” utility, such as gas or electric. But when asked by reporters about antitrust action against the tech giants more broadly, Harris pivoted to the topic of data privacy, which she said would be her “first priority.” While the tech giants are fighting the federal government’s antitrust lawsuits, many have supported calls for federal privacy rules.

Harris has steered a course that both courted and challenged the tech industry throughout her career, especially during her tenure as a U.S. senator from California. Top figures in Silicon Valley, including Hoffman, venture capitalist Ron Conway and Laurene Powell Jobs, the widow of Apple co-founder Steve Jobs, fundraised on her behalf.

“Having been more connected to Silicon Valley for years, I think she has more of a sense of why it is we shape the future through technology,” Hoffman said in an interview with The Post. “And so I think she will be more positive on elements of the technology industry.”

Emily Peterson-Cassin, who tracks corporate power for the liberal advocacy group Demand Progress, said Harris’s donor ties are “absolutely concerning.” But she is optimistic Harris would continue the Biden administration’s tough stance against the tech giants because for Democrats, “the toothpaste is out of the tube,” she said.

There were critical moments during her Senate tenure when she took a tough line against industry. In the 2018 hearings with Meta CEO Mark Zuckerberg over the Cambridge Analytica data privacy scandal, she was one of a handful of lawmakers who displayed a strong understanding of social media. She pressed Zuckerberg on whether he and other employees had discussions about disclosing the incident to consumers.

She also championed the Stop Enabling Sex Traffickers Act/Allow States and Victims to Fight Online Sex Trafficking Act, or SESTA-FOSTA, a controversial social media law. The 2018 law chips away at a key tech industry legal shield, making it possible for victims and state attorneys general to file lawsuits against websites that host sex-trafficking ads. Civil liberties advocates and sex workers say the law is too broad.

As vice president, Harris has been the face of many of the administration’s tech policy efforts, including the AI executive order, which requires developers to safety test the next generation of models. Harris traveled to the United Kingdom last year to promote the administration’s concerns about artificial intelligence, focusing on the ways the technology could be used to discriminate. Harris raised concerns about how facial recognition leads to wrongful arrests or how fabricated explicit photos can be used to abuse women.

The administration’s work on artificial intelligence has received a mixed response from Silicon Valley, as venture capitalists and start-ups warn that the order’s requirements to test the next generation of AI systems could create excessive burdens for entrepreneurs.

During her prime-time speech at the DNC, Harris said that she would “make sure that we lead the world into the future” on AI and that the United States, not China, “wins the competition for the 21st century.” The remarks were embraced by tech industry leaders, and lobbyists have expressed hope that a potential Harris administration would consult the industry more than the Biden administration has.

Kovacevich, who previously led Google’s policy team, spoke wistfully of the meetings that the Obama administration held with companies in the wake of the Edward Snowden disclosures, listening to the concerns of industry and law enforcement as Apple and other companies began encrypting users’ messages by default.

“We haven’t seen anything like that in tech policy during the Biden years,” he said. “Tech policy got controlled by folks who stake out a pretty anti-industry position and weren’t interested in a big tent approach.”

Elizabeth Dwoskin contributed to this report.

This post appeared first on washingtonpost.com