Pledges of hundreds of millions of euros are rolling in from wealthy French and international donors to pay for the planned reconstruction of the Notre Dame Cathedral damaged in Monday’s dramatic fire. The promised donations were announced Tuesday as fire investigators continue to assess the damage to the architectural landmark built over 850 years ago. President Emmanuel Macron, in a televised speech Tuesday night, said the cathedral could be reconstructed in five years. The project could also take not years, but decades, experts say. No cost or time estimates have been announced.
Red Cross volunteers distributed the first shipment of badly needed emergency supplies in Venezuela on Tuesday after months of feuding between the government, which has denied the existence of a humanitarian crisis, and opponents who have been seeking to use the delivery of aid to force President Nicolás Maduro from power. The delivery of international humanitarian aid has become a focal point in Venezuela’s power struggle, now in its third month, after opposition leader Juan Guaidó declared himself interim president.
The Trump administration will allow lawsuits in U.S. courts for the first time against foreign companies that use properties confiscated by Communist-ruled Cuba since Fidel Castro’s revolution six decades ago, a senior U.S. official said on Tuesday. The major policy shift, which will be announced on Wednesday, could expose U.S., European and Canadian companies to legal action and deal a blow to Cuba’s efforts to attract more foreign investment.
Indonesian President Joko Widodo was poised to win another term running the world’s largest Muslim-majority country, even as opponent Prabowo Subianto signaled he would challenge the outcome. Six top private polling agencies had Widodo, known as Jokowi, ahead of the former general by at least seven percentage points with about 90 percent of the vote counted. After losing to Jokowi in the 2014 presidential election, Prabowo challenged the results in a lawsuit that was eventually dismissed by the constitutional court.
Terry Gou, the head of the world’s largest electronics supplier, Foxconn, said Wednesday he plans to run for president of Taiwan, bringing his pro-business and pro-China policies to what is expected to be a crowded field for next year’s election. Gou announced that he would be putting himself up as a hopeful in the opposition Nationalist Party primary ahead of next year’s election, shaking up the political landscape at a time of heightened tension between the self-ruled island and Beijing.
Apple and Qualcomm have settled their royalty dispute, the companies announced in a press release. The settlement includes a payment from Apple to Qualcomm as well as a chipset supply agreement, suggesting that Apple will buy Qualcomm chips for future iPhones. Qualcomm stock rose more than 20% after the news broke, boosting its market cap by about $14.5 billion to more than $84 billion.