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☆ US military rescued mariners stranded in the Pacific after they used palm leaves to spell 'HELP' on the beach
▼ + stars: | 2024-04-10 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The crew of USCGC Oliver Henry rescues three mariners stranded on Pikelot Atoll, Yap State, Federated States of Micronesia, on April 9, 2024. "This successful operation underscores the effective coordination and partnership between the US Coast Guard, the US Navy, and regional partners," Garcia said. The crew of USCGC Oliver Henry rescues three mariners stranded on Pikelot Atoll, Yap State, Federated States of Micronesia, on April 9, 2024. The Coast Guard has also carried out more recent searches for individuals who went missing while on cruise ships. AdvertisementThe Coast Guard has long operated in the Pacific — its ships used to patrol American territories and other nearby countries for decades.

Persons: —, Chelsea Garcia, USCGC Oliver Henry, Garcia, Oliver Henry Organizations: Navy, Service, Federated, US Coast Guard Forces Micronesia, US Navy, US Coast Guard, Coast Guard, Coast Guard HC, 130J, Coast, Guard Locations: American, Pikelot, Federated States, Micronesia, Guam, Tuesday's Coast, Yap State, Polowat, China

☆ The price of love: Three important money tips for caregivers
▼ + stars: | 2023-11-21 | by ( Chris Taylor | ) www.reuters.com time to read: +5 min

For three years, Miura chipped in time, money and care, taking her grandmother to the emergency room so often that she got to know all the hospital security guards by name. "It was very stressful," said Miura, now 28, who helps others in this situation at her advisory Spark Financials. "What stands out for me is the number of people who are not only caregivers, but financial caregivers too," said Surya Kolluri, who heads the TIAA Institute. No wonder caregivers' financial lives are impacted: On average they have fewer assets and higher debt than non-caregivers, the report found. Remember that others could likely contribute money or time or both as well, including siblings, children, friends, cousins and in-laws.

Persons: Michaela Rehle, Danielle Miura, Neda, Miura, Surya Kolluri, Mary Naylor, Penn, –, Chris Taylor, Lauren Young, Richard Chang Organizations: REUTERS, TIAA Institute, University of Pennsylvania School of Nursing, NewCourtland, Transitions, U.S . Department of Health, Human Services, Alliance, National Alliance for Caregiving, Thomson Locations: Planegg, Munich, GERMANY, Ripon , California

Texas Attorney General Ken Paxton’s impeachment trial on corruption allegations is among several such proceedings that have occurred in U.S. history. In Texas, an impeachment charge from the House results in immediate suspension from office, as is the case for Paxton. The state Senate voted in 2011 to pardon him, but the House failed to concur. STATE ATTORNEYS GENERALPaxton has company as an impeached state attorney general. — South Dakota Republican Attorney General Jason Ravnsborg was impeached and convicted in 2022 for his involvement in a 2020 crash in which the car he was driving hit a pedestrian.

Persons: Ken Paxton’s, impeaches, Paxton, Joe Biden, Andrew Johnson, Abraham Lincoln's, Edwin Stanton, Bill Clinton, Monica Lewinsky, Paula Jones, —, — Republican Donald Trump, Trump, Evan Mecham of, William Holden of, Rod Blagojevich, Barack Obama, GENERAL Paxton, Jason Ravnsborg, Roland Boyton, William French, Alcee Hastings, Charles L, Crum of Montana, Jennifer Farrar Organizations: GOP, Democratic, U.S, Senate, Radical Republicans, — Republican, GOVERNORS, Republican Gov, — Republican Gov, GENERAL, — South, — South Dakota Republican, Republican, District, Montana Senate, AP statehouse Locations: Texas, U.S, Austin, Evan Mecham of Arizona, William Holden of North Carolina, Illinois, —, — South Dakota, — In Kansas, Paxton , Texas, Florida, Montana, New York

☆ Airbus nears decision on new planemaking leadership - sources
▼ + stars: | 2023-09-15 | by ( Tim Hepher | ) www.reuters.com time to read: +3 min

[1/2] An Airbus logo is pictured at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 19, 2023. Industry sources said a final decision on the shake-up was likely in coming weeks, capping weeks of speculation after Reuters reported the looming reorganisation in July. Airbus Helicopters CEO Bruno Even had earlier been cited as a possible candidate for the top planemaking role. But the focus of speculation has widened to Chief Commercial Officer Christian Scherer, a veteran of the Airbus planemaking business who has also had stints at the Defence division and in running turboprop joint-venture ATR, industry sources said. His appointment would herald broad continuity at the company's main planemaking business, which accounts for most of the company's revenue.

Persons: Benoit Tessier, Christian Scherer, Guillaume Faury, Bruno, Scherer, Tim Hepher, Louise Heavens Organizations: Airbus, Paris, REUTERS, Rights, Industry, Reuters, Airbus Helicopters, Defence, France, Jefferies, Bombardier, Pratt, Whitney, Airbus Defence & Space, Military Air Systems, FCAS, Thomson Locations: Le Bourget, Paris, France, Ukraine, Germany, United States

☆ The debt ceiling deal could lead to 750,000 older Americans losing SNAP benefits
▼ + stars: | 2023-06-07 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

The debt ceiling deal could lead nearly 750,000 adults to lose their Supplemental Nutrition Assistance Program, or SNAP, benefits. SNAP benefits, or food stamps, give monthly funds to low-income individuals and families for food purchases. CBPP noted that high denial rates and long wait times for receipt of disability benefits has made accessing SNAP benefits increasingly difficult. CBPP research noted that the existing work-reporting requirement does not increase employment or earnings but do lead thousands to lose their food benefits. Are you an older American who relies on SNAP benefits and who could be affected by this change?

Persons: —, CBPP, Kevin McCarthy, Joe Biden, Cori Bush, Ed Bolen Organizations: Assistance, SNAP, Service, Budget, Congressional, Office, Democratic, CNBC, American Economic Association Locations: Missouri

☆ Nearly 750,000 adults may lose SNAP federal food assistance after debt ceiling deal, research shows
▼ + stars: | 2023-06-06 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

In this article SNAP Follow your favorite stocks CREATE FREE ACCOUNTTomml | E+ | Getty ImagesDebt ceiling deal changes SNAP work requirementsSNAP already has work requirements for most adults ages 18 through 49 who do not have children. You're not going to balance the budget, much less pay down the debt, through these kinds of changes. In a Sunday interview with Fox News, House Speaker Kevin McCarthy, R-Calif., touted the new work requirements as a win for welfare reform in the debt ceiling deal. "You're not going to balance the budget, much less pay down the debt, through these kinds of changes," Bolen said. SNAP is meant to help provide support to people who may be struggling to find work, Bolen noted.

Persons: Ed Bolen, Kevin McCarthy, McCarthy, Bolen, Ellen Vollinger, Vollinger Organizations: SNAP, Budget, Fox News, Food Research, Action

☆ IMF says has not received request from Tunisia to re-examine reforms
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +2 min

"The Fund did not impose any diktats," Azour said, according to the TAP state news agency. The IMF postponed in December its board meeting on a loan program for Tunisia that was scheduled to give the authorities more time to finalize it. "This program has been designed, proudly by the Tunisian authorities," Azour said during the briefing. Without a loan, Tunisia faces a full-blown balance of payments crisis. Most debt is internal but there are foreign loan repayments due later this year, and credit ratings agencies have said Tunisia may default.

The majority of states have declined to reimburse SNAP skimming victims. If Congress’ massive $1.7 trillion funding package passes, a provision tucked inside it would require states to replace SNAP benefits stolen in October or later. Dutch Ruppersberger, D-Md., who introduced a bill last month to help SNAP skimming victims get their benefits reinstated. Washington, D.C., also reimburses SNAP skimming victims. Current regulations prohibit federal funds from being used to replace stolen SNAP funds, according to the Agriculture Department.

Federal dollars are also not an option for reimbursement because regulations prohibit federal funds from being used to replace stolen SNAP funds. SNAP participants say they cannot wait that long after a month or more of stolen benefits plunged them into financial turmoil. Washington, D.C., also reimburses SNAP skimming victims. In the meantime, anti-hunger advocates say there’s no reason states can’t fill the gap for SNAP skimming victims. How states can helpCalifornia, one state that restores stolen benefits, has a law allowing state funds to be used that dates back to 2013.

☆ Italy OKs process to grant state guarantees for Enel credit facility - source
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: +1 min

Companies Enel SpA FollowMILAN, Oct 19 (Reuters) - Italy's Treasury has given a preliminary go-ahead to a request by utility Enel (ENEI.MI) to tap state guarantees for an up to 16 billion euro ($16 billion) credit facility provided by a pool of banks, a source with knowledge of the matter said. The preliminary green light from the ministry sets in motion a process that entails numerous approval steps and stretches over several weeks. Register now for FREE unlimited access to Reuters.com RegisterUnder the process, the boards of the banks in the pool will need to approve the credit facility. Italian state exports credit agency SACE will need to clear the guarantees which will then need a final green light from the ministry itself. Europe's biggest utility has asked to tap a state guarantee scheme Rome has designed to help domestic companies hit by surging energy prices.

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