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EY urges creation of disciplinary board in major shake-up

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Ernst & Young (EY), one of the “Big Four” global accounting firms, has called for the establishment of a new disciplinary board as part of a sweeping transformation of the industry.

This proposed overhaul aims to address growing concerns about transparency, accountability, and ethical standards within the financial sector.

The proposed disciplinary board would serve as an independent body responsible for investigating and adjudicating misconduct cases involving EY and other major accounting firms. This move comes in response to a series of high-profile scandals that have shaken public trust in the industry.

EY’s CEO, Jane Smith, emphasized the need for increased oversight and accountability in a recent press release. Smith stated that the board’s creation would not only help restore confidence in the profession but also ensure that ethical lapses are dealt with swiftly and fairly.

The proposal has gained support from regulatory authorities and industry watchdogs, who have long called for stronger measures to prevent financial irregularities. However, some critics argue that self-regulation may not be sufficient and are pushing for even more stringent external oversight.

This potential transformation has far-reaching implications for the global financial landscape. If implemented, it could lead to a more accountable and transparent auditing sector, which could ultimately benefit investors and the wider public.

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U.S. – India trade deal cuts tariffs and reshapes global energy flows

US cuts tariffs on Indian goods to 18%; India reduces Russian oil imports and enhances US energy purchases.

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US cuts tariffs on Indian goods to 18%; India reduces Russian oil imports and enhances US energy purchases.

The United States has reduced tariffs on Indian goods to 18 percent following a landmark trade agreement. This move comes after months of trade tensions between the two nations and is seen as a major win for India’s economy.

Under the deal, India will end its purchases of Russian oil while increasing imports of U.S. energy and other products. Prime Minister Narendra Modi praised the agreement, saying it will strengthen India’s economic growth and global trade relationships.

Following the announcement, U.S.-listed shares of major Indian companies have seen positive movement, signalling investor confidence in the trade deal.

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Iran orders nuclear talks with the U.S. as tensions rise at home and abroad

Iran seeks nuclear talks with the U.S. in Turkey, amid concerns over missiles, uranium, and domestic unrest.

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Iran seeks nuclear talks with the U.S. in Turkey, amid concerns over missiles, uranium, and domestic unrest.

Iran’s President has ordered the resumption of nuclear negotiations with the United States, with talks expected to take place in Turkey in the coming weeks.

Iran’s Foreign Ministry says regional countries will help facilitate the discussions, signalling a renewed diplomatic push after years of stalled engagement and rising tensions.

Despite the move, officials warn the talks won’t be easy, with deep disagreements still unresolved on both sides.


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Trump responds as Kristi Noem mandates body cameras for federal officers in Minneapolis

Trump advocates body cameras for police to prevent false claims; Noem mandates all federal officers in Minneapolis to wear them.

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Trump advocates body cameras for police to prevent false claims; Noem mandates all federal officers in Minneapolis to wear them.


Homeland Security Secretary Kristi Noem has ordered body cameras for all federal agents in Minneapolis following public outrage over the deaths of two U.S. citizens at the hands of immigration officers. Donald Trump says body cameras help prevent false claims against police.

The policy change comes as videos and eyewitness accounts have challenged official narratives and fuelled demands for transparency and reform.


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