EZ News 07/02/24

Good afternoon, I'm _____ with today's episode of EZ News. Tai-Ex opening The Tai-Ex opened down 45-points this morning from yesterday's close, at 23,012 on turnover of 7.1-billion N-T. The market closed slightly higher on Monday as investors opted to take advantage of the main board's initial gains. Large cap tech stocks saw some profit taking, but still served to stabilize the broader market throughout the trading day. Control Yuan Seeking Constitutional Court Ruling on LY Reform Bills The Control Yuan has officially petitioned the Constitutional Court for a ruling on the constitutionality of government oversight amendments passed by the Legislature in May -- arguing they will allow the legislative body to usurp (奪取) its power. The petition was filed by the head of the Control Yuan's Department of Supervisory Investigation and an attorney on behalf of the government watchdog at the Judicial Yuan in Taipei. They also filed an application for an injunction to halt enforcement of the revisions to the Law Governing the Legislative Yuan's Power and the Criminal Code. The D-P-P's legislative caucus and the Cabinet filed similar petitions last week. First Green Carbon Project Listed on Taiwan Carbon Solution Exchange The Taiwan Carbon Solution Exchange has listed its first green carbon project. According to the T-C-X the newly listed project is an afforestation (造林) initiative in eastern Paraguay and carbon credits for the project are now available for purchase. The T-C-X says it expects its will generate (產生) carbon credits for 10,000 tons of carbon. The exchange is not providing any further details on the nature of the project or how far along it is. However, the T-C-X says it's crucial for Paraguay to receive support to develop and protect forests and promote carbon reduction initiatives because its current regulations on forest cultivation are underdeveloped. Boeing Crash Families Disatisfied with Plea Agreement Families of the victims from two major crashes involving Boeing aircraft are said to be unhappy with a plea agreement (認罪協商) reportedly offered to the company in recent days. Mitch McCann reports: Turkey Mediating Somalia Ethiopia Talks Turkey says it has mediated (調解) talks between Somalia and Ethiopia to ease diplomatic tensions between the east African neighbors. Turkey's Foreign Ministry says that the Ethiopian and Somalian foreign ministers were “able to separately have a candid, cordial and forward-looking exchange” on Monday concerning their differences. A second round of discussions is planned in the Turkish capital of Ankara on Sept. 2. Ethiopia signed a memorandum of understanding with the breakaway region of Somaliland in January, which Somalia denounced as infringing upon its sovereignty and territorial integrity. The memorandum was to allow Ethiopia’s access to the sea through Somaliland and in return Ethiopia would recognize Somaliland as an independent country. That was the I.C.R.T. news, Check in again tomorrow for our simplified version of the news, uploaded every day in the afternoon. Enjoy the rest of your day, I'm _____. -- Hosting provided by SoundOn