Donald Trump has selected a hedge fund manager as his Treasury Secretary. U.S. media described Scott Bessett as one of the finance world's most vocal supporters of the president-elect.
Besant is the founder of the hedge fund Key Square Group. He has reportedly been involved in investment management businesses for more than 35 years. His activities are said to span a variety of sectors, including agriculture, publishing and real estate. Besant's biography, attached to Trump's announcement, says the entrepreneur has been involved in some of the most profitable trades in hedge fund history, including shorting the British pound. The president-elect called Bessant a strong advocate of the America First agenda.
Trump added that his pick will help him usher in a new golden age for the US as it fortifies its position as the world's leading economy, center of innovation and entrepreneurialism, as well as a destination for capital.
We turn now to the Middle East, where 5 paramedics have been killed in Israeli airstrikes in Lebanon while negotiations continue for a truce between Israel and the Shia Muslim group Hezbollah.
Meanwhile, a United Nations interim force base in southern Lebanon has been caught in the crossfire three times in the space of a week. The group is engaged in a peacekeeping mission. Officials say 4 Italian soldiers were injured on Friday in a rocket attack. The UN force said on Tuesday that Argentina has notified it of its withdrawal from the peacekeeping mission. The reason for the withdrawal has not been explained.
Delegates at the United Nations Climate Conference are continuing negotiations beyond Friday's original deadline. They've so far failed to reach consensus on a new draft agreement.
COP29 is underway in Azerbaijan's capital, Baku. Financial contributions are a sticking point in the talks.
Developing nations criticized a new draft that proposes developed nations provide them with $250 billion annually to fight climate change. They are asking for more than $1 trillion per year.
It doesn't correspond to the our fair and ambitious goal, but we will continue, of course, to engage with the parties.
Rafiev also insists the delegates would push for the most ambitious outcome.
Meanwhile, an international environmental group has given COP29 conference chair Azerbaijan A satirical Fossil of the Day award.
Today's Fossil of the Day award goes to Azerbaijan!
The Climate Action Network is presenting the prize daily during the talks to countries seen as reluctant to fight global warming. The network comprises about 2,000 NGOs. The group said Azerbaijan falls short of what is needed to lead the conference. It cited the country's president, who described oil and gas as a gift from God. The Climate Action Network gave a colossal fossil a war to developed countries, including Japan, that are obliged by the United Nations Framework Convention on Climate Change to financially help developing countries tackle global warming. The Climate Action Network accuses them of trying to escape their legal obligations to pay.
In the past, many Japanese citizens entered China without one for vacations and business trips. But the Chinese government suspended the visa exemption in 2020 due to the coronavirus pandemic.
The Chinese government will also further optimize visa exemptions and extend the current 15-day stay period to 30 days.
China began resuming exemptions for certain countries like Singapore last year. But Japan had not been included at the time. Tokyo repeatedly called on Beijing to bring it back at the request of Japanese companies.
I expect the exemption measures will lead to even greater exchanges between the two countries.
Some experts suggest China's real estate slump is behind the move. They say Beijing may be trying to encourage investment from Japan as foreign investors remain cautious. China may also be trying to shore up its relationships before America swears in its next leader. There are concerns relations with Washington will deteriorate when Donald Trump returns to the White House in January.
The autumn leaf viewing season in Japan is in full swing, and one place in Hiroshima Prefecture in particular is attracting a lot of visitors.
The tourist town of Sera is home to Ryu-geji, a temple founded by the Reverend Buddhist Mankobo Daishi. The woods around the temple are popular with visitors who come to see the brilliant autumn foliage.
Sightseers get to stroll beneath the maple trees as they wander through the temple grounds. A local preservation group says the leaves began to change color this year about 10 days later than usual because of warmer temperatures.
There are so many varieties in colors. I hope visitors will enjoy viewing them as well as learning about the history of the site.
Those were the main stories for this hour.
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From all of us here in NHK Newsline to all around the world, thanks very much for joining us.
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