Toyota recalls 645,000 vehicles; air bags may not inflate

This photo provided by Lexus shows the 2014 Lexus CT 200h, a hybrid available in the used-car market for under $15,000. (AP)
Updated 01 February 2018
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Toyota recalls 645,000 vehicles; air bags may not inflate

DETROIT: Toyota is recalling about 645,000 vehicles worldwide to fix an electrical problem that could stop air bags from inflating in a crash.
The recall covers certain Toyota Prius and Lexus RX and NX SUVs. Also covered are some Toyota Alphard, Vellfire, Sienta, Noah, Voxy, Esquire, Probox, Succeed, Corolla, Highlander, Levin and Hilux models. All were produced from May of 2015 to March of 2016.
The automaker says an open electrical circuit could occur over time. That would set off an air bag warning light and could stop the side and front air bags from deploying.
Dealers will inspect serial numbers on sensors and replace them if necessary at no cost to owners. Toyota will notify owners by letter in starting in late March.


UN compensation panel pays out $270m for Kuwait oil company

Updated 23 July 2019
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UN compensation panel pays out $270m for Kuwait oil company

  • The panel has approved 1.5 million claims brought by over 100 governments and international organizations
  • Some $3.7 billion of its $14.7 billion claim for oil production and sales losses resulting from damage to the country’s oil fields remains to be paid

BERLIN: A United Nations panel that oversees compensation claims stemming from Iraq’s 1990-1991 invasion of Kuwait says it has paid out $270 million to Kuwait’s national oil company.
The Geneva-based UN Compensation Commission said Tuesday the tranche brings to $48.7 billion the amount it has paid out. Iraq must currently set aside 1.5% of proceeds from oil exports for the compensation fund and payments are made once per quarter.
The panel has approved 1.5 million claims brought by over 100 governments and international organizations, with all but one fully paid out.
The remaining claim, which includes the latest payment, comes from the Kuwait Petroleum Corporation. Some $3.7 billion of its $14.7 billion claim for oil production and sales losses resulting from damage to the country’s oil fields remains to be paid.