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☆ Watch CNBC's full interview with the Brazilian central bank governor
▼ + stars: | 2024-04-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with the Brazilian central bank governorRoberto Campos Neto, governor of the Central Bank of Brazil, speaks to CNBC's Karen Tso at the IMF Spring Meetings in Washington, D.C.

Persons: Roberto Campos Neto, Karen Tso Organizations: Central Bank of Locations: Brazilian, Central Bank of Brazil, Washington ,

☆ Andy Sieg is quickly shaking up Citi's wealth business. At least 11 senior execs have left since his arrival.
▼ + stars: | 2024-04-17 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Citi's wealth unit has seen at least 11 senior execs exit since Merrill Lynch veteran Sieg joined in September. The latest departure is David Bailin, chief investment officer for the global wealth division, who announced his departure on Monday. Sieg's mandate is to turn around the wealth business, which was barely profitable this past quarter. Sieg also plans to expand Citi's already successful wealth business in Asia. At least two other senior Asia executives have left.

Persons: Andy Sieg, Merrill Lynch, Sieg, David Bailin, Bailin, Fraser, Andy, Mark Mason, Shyam Sambamurthy, Merril Lynch, Don Plaus, Hale Behzadi, Citi David, Eduardo Martinez Campos, Keith Lee Hong, Fernando Lopez Munoz, Luigi Pigorni, Jeff Sutton, Eduardo, Seamus Yin, Hayley Cuccinello Organizations: Citi, Business, Bankers, Citi Wealth, Citi Global Wealth, North America, Eduardo Martinez Campos Head, Mark, Mark Mills Regional, Fernando Lopez Munoz Head, Jeff Sutton Global, Eduardo Ventura, West Locations: Asia, Hong Kong, Singapore, Keith Lee Hong Kong, Mark Mills, Shyam Sambamurthy South Asia, America, West China, hcuccinello@businessinsider.com

☆ O. J. Simpson, el atleta cuyo juicio cautivó la atención de EE. UU., muere a los 76 años
▼ + stars: | 2024-04-11 | by ( Robert D. Mcfadden | ) www.nytimes.com time to read: +1 min

O. J. Simpson, que saltó a la fama en los campos de fútbol americano, hizo fortuna en el cine, publicidad y televisión con un personaje de típico estadounidense negro, y fue absuelto de los cargos de asesinato de su exesposa y un amigo en un juicio celebrado en 1995 en Los Ángeles que cautivó al país, murió el miércoles. Un jurado en el juicio por asesinato, que mostró un espejo agrietado de un Estados Unidos blanco y negro, absolvió a Simpson, pero el caso arruinó su mundo. Pagó poco de la deuda, se mudó a Florida y luchó por rehacer su vida, criar a sus hijos y mantenerse alejado de los problemas. En 2006, vendió el manuscrito de un libro, If I Did It, y una posible entrevista televisiva, en la que relataría “hipotéticamente” los asesinatos que siempre había negado haber cometido. Una protesta pública puso fin a ambos proyectos, pero la familia de Goldman obtuvo los derechos del libro, añadió material en el que imputaba la culpa a Simpson y lo publicó.

☆ Missing Baltimore construction workers were migrants from Mexico and Central America: reports
▼ + stars: | 2024-03-27 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +1 min

Six construction workers are presumed dead after Baltimore's Francis Scott Key Bridge collapsed. They are all migrants from Central America, their coworker told The Baltimore Banner. The workers are presumed dead, and recovery efforts are underway. AdvertisementNew information is emerging about the six construction workers who are presumed dead after Baltimore's Francis Scott Key Bridge collapsed Tuesday morning. The workers were all migrants from Mexico and Central America, according to reports.

Persons: Baltimore's Francis Scott Key, —, Jesus Campos Organizations: Baltimore Banner, Service, Brawner Builders, Business Locations: Central America, Mexico, El Salvador, Guatemala, Honduras

Jesus Campos said he worked at Brawner Builders alongside the men missing after a bridge collapse in Baltimore. “We’re low-income families,” said Jesus Campos, who has worked at the construction company, Brawner Builders, for about eight months. The executive, Jeffrey Pritzker, and the Coast Guard said that all of the missing workers were presumed dead, given how long it had been since the collapse. Embassies for the other two countries mentioned by Mr. Campos did not immediately respond to requests for comment. Officials said that in addition to the six missing workers, two people had been rescued from the water.

Persons: Jesus Campos, “, ”, Jeffrey Pritzker, Mr, Pritzker, “ It’s, Campos, Francis Scott Key, Miguel Luna, Luna, Gustavo Torres, Jacey Fortin, Miriam Jordan, Patricia Mazzei, Emiliano Rodríguez Mega, Kirsten Noyes Organizations: Brawner Builders, Brawner, Coast Guard, Baltimore Banner Locations: Baltimore, Baltimore County, El Salvador, Guatemala, Honduras, Mexico, Maryland, Petén, Mexican, Washington, Brawner

☆ Baltimore Bridge Collapse Victims Were Working to Support Families, Co-Worker Says
▼ + stars: | 2024-03-26 | by ( Nicholas Bogel-Burroughs | ) www.nytimes.com time to read: +1 min

A construction company employee who said he labored alongside the six men missing after a Baltimore bridge collapse on Tuesday said many of his co-workers were migrants working to support their relatives. “We’re low-income families,” said Jesus Campos, who has worked at the construction company, Brawner Builders, for about eight months. The executive, Jeffrey Pritzker, and the Coast Guard said that all of the missing workers were presumed dead, given how long it had been since the collapse. Mr. Pritzker said that Brawner’s owner was distressed and spent the early Tuesday hours near the bridge hoping for a rescue, and has also since met with families of all of the missing workers. He wore a black sweatshirt bearing the construction company’s name and milled about, waiting for news and speaking on the phone.

Persons: “, ”, Jesus Campos, Jeffrey Pritzker, Mr, Pritzker, “ It’s, Campos, Francis Scott Key Organizations: Brawner, Coast Guard Locations: Baltimore, Baltimore County

☆ Tammy Murphy drops out of NJ Senate Democratic primary to replace indicted Sen. Bob Menendez
▼ + stars: | 2024-03-24 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Tammy Murphy, the wife of New Jersey Democratic Gov. Phil Murphy, announced Sunday that she would withdraw from the state's Democratic Senate primary contest. The winner of that June 4 election will become the favorite to replace indicted Democratic Sen. Bob Menendez. Murphy's exit widens the path for Democratic Rep. Andy Kim to lock down his frontrunner status ahead of the primary. The Murphy campaign declined to provide further comment.

Persons: New Jersey Tammy Snyder Murphy, Philip D, Murphy, Tammy Murphy, Phil Murphy, Democratic Sen, Bob Menendez, Andy Kim, Menendez, Donald Trump, Kim, Larry Hamm, Patricia Campos, Medina, Steven Fulop, It's, Fulop Organizations: New Jersey Democratic Gov, Democratic Senate, Democratic, Democratic Rep, Democrat, Independent, Prosecutors, Benz, Republican, Jersey City Locations: New Jersey, of New Jersey, Trenton , New Jersey, United States, Monmouth County, NJ

☆ How Donald Trump, Joe Biden and grassroots liberals could upend Democratic politics in one of the country’s bluest states
▼ + stars: | 2024-03-24 | by ( Gregory Krieg | ) edition.cnn.com time to read: +17 min

Menendez announced Thursday that he would not run for reelection in the Democratic primary but again left open the possibility of an independent bid this summer. New Jersey Rep. Andy Kim greets supporters outside the Bergen County Democratic convention in Paramus on March 4, 2024. “Corrupt systems like the ‘county line’ in New Jersey (is) an enemy because that dissuades folks from actually getting involved. Kim speaks to delegates during the Bergen County Democratic convention in Paramus, New Jersey, on March 4, 2024. In Camden County, where the local boss keeps a tighter grip, video of another Senate candidate, progressive Patricia Campos-Medina, being blocked from entering the county Democratic convention went viral.

Persons: Andy Kim, Donald Trump, Joe Biden, Tammy Murphy, Kim, Murphy, Sen, Bob Menendez, Menendez, Phil Murphy, Seth Wenig, Olivia Liu, –, Trump, ”, Julia Sass Rubin, Rubin, ” Rubin, Sue Altman, ” Altman, Goldman Sachs, Cori Bush, Ezra Levin, Levin, ” Levin, isn’t MAGA, don’t, we’ll, Altman, Zahid Quraishi’s, ” “ I’m, ” Kim, “, Kim’s, Alexandra Altman, Katey Sabo, Matt Platkin, Platkin, Governor Murphy, ” Murphy, Mahen Gunaratna, Patricia Campos, Rachel Hodes, ” Hodes, Steven Fulop, ” Fulop, “ I’ve Organizations: Jersey City , New Jersey CNN, Democratic, Garden State, Democrats, Capitol, New, . New, . New Jersey Rep, Bergen County Democratic, Tammany Hall of, New Jersey Democratic, ”, Asbury Park Press, USA, Though New, Though New Jersey Democrats, Congressional, Democratic National Committee, Justice Democrats, Democratic Party, Families Alliance, CNN, –, Hoboken Democrats –, Hudson County Democratic Organization, Hoboken Democratic, Hoboken Democrats, Jersey City, Senate, New Jersey Republicans Locations: Jersey City , New Jersey, Trenton, South Jersey, New Jersey, Garden, ., . New Jersey, Bergen County, Paramus, Siberia, Long Branch , New Jersey, Rutgers, enmesh, Though, Though New Jersey, Alexandria, Cortez, New York, Missouri, Paramus , New Jersey, Jersey, Kim’s, Morris, Atlantic, Camden County, Medina, Hoboken

☆ Brazil's Lula Attributes Key Interest Rate of 11.25% to Cenbank Chief's 'Stubbornness'
▼ + stars: | 2024-03-11 | by ( March | At P.M. | ) www.usnews.com time to read: 1 min

SAO PAULO (Reuters) - Brazil's President Luiz Inacio Lula da Silva said on Monday that there is no explanation for keeping the country's benchmark interest rate at the current 11.25% level apart from the "stubbornness" of central bank president Roberto Campos Neto.

Persons: Luiz Inacio Lula da Silva, Roberto Campos Neto Organizations: SAO PAULO, Reuters

☆ How to work out and eat to maintain muscle and fitness while fasting during Ramadan
▼ + stars: | 2024-03-11 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +10 min

If you're conscious of holding on to your muscle during Ramadan, Abdalla recommends limiting cardio to twice a week and, like him, doing it after iftar. AdvertisementIf you want to do heavy weight training, Abdalla advises doing so early in the morning before suhoor (sunrise), so you can refuel properly afterward. Your fitness levels and physique may change temporarilyIt's important to be realistic — given your lifestyle changes during Ramadan, your fitness levels likely will too. Faisal AbdallaYou can maintain your weightWhile some people are worried about gaining weight during Ramadan, others tend to lose it. "If anything, people tend to lose weight, especially in these warmer months where the window for eating is significantly smaller.

Persons: —, Ramadan, Faisal Abdalla, Abdalla, there's, I've, Juliana Campos, Abu, Campos, they're, they've, it's Organizations: Service, Business, BI, PBs Locations: London, Abu Dhabi

“She had six, six live rounds on that movie set, the earliest date that I can track them for you is October 10,” special prosecutor Kari Morrissey said during closing arguments Wednesday. “(Gutierrez Reed) could not anticipate what Baldwin would do. “She opened up the latch to the revolver, I recall seeing three to four, what I believed to be dummy rounds,” Halls testified. He later added: “I don’t recall her fully rotating the cylinder.”David Halls, assistant film director on "Rust," testifies February 29 during Hannah Gutierrez Reed's involuntary manslaughter trial. “Alec Baldwin’s conduct and his lack of gun safety … on that day is something that he’s going to have to answer for.

Persons: Hannah Gutierrez Reed, Halyna Hutchins, Alec Baldwin, Gutierrez Reed, Baldwin, Hutchins, Joel Souza, Souza, Gutierrez, “, Kari Morrissey, ” Gutierrez Reed’s, Jason Bowles, Luis Sánchez Saturno, Bowles, ”, Hannah, ” Bowles, David Halls, Hannah Gutierrez, Gabriela Campos, Halls, Morrissey, Alec Baldwin’s Organizations: CNN, Santa Fe, “ Management Locations: Russian, Santa, Mexican, Santa Fe County

☆ Andy Kim Wins a Vote Rich in Symbolism in Race to Replace Menendez
▼ + stars: | 2024-02-10 | by ( Tracey Tully | ) www.nytimes.com time to read: +1 min

Representative Andy Kim, a third-term Democratic congressman, won an early but significant victory on Saturday against New Jersey’s first lady, Tammy Murphy, as they compete in one of the country’s most closely watched Senate primaries. Ms. Murphy, 58, lives in Monmouth County, and Mr. Kim represents a large swath of the affluent, predominantly coastal region. Mr. Menendez has not ruled out running for re-election, but he did not compete for the Monmouth County nomination. Two other candidates, Patricia Campos-Medina, a union leader, and Larry Hamm, a Newark-based social justice activist, won nominal support Saturday. (Mr. Hamm withdrew from contention Saturday, a county leader told delegates, but his name remained on the ballot.)

Persons: Andy Kim, New Jersey’s, Tammy Murphy, Kim, Murphy, Robert Menendez, Menendez, Patricia Campos, Larry Hamm, Hamm Organizations: Democratic, New, Portuguese Club of Long Locations: Monmouth County, Monmouth, Medina, Newark

TRENTON, N.J. (AP) —A former TV news reporter known for his aggressive on-camera demeanor is getting into New Jersey's U.S. Senate race as a Republican candidate for the seat currently held by Democratic Sen. Bob Menendez, who's facing federal corruption charges. Zdan joins a GOP field that is quickly filling with candidates, including Mendham Borough Mayor Christine Serrano Glassner and southern New Jersey businessman Curtis Bashaw on the GOP side. New Jersey has not elected a Republican to the U.S. Senate since 1972, but Republicans are hoping the turmoil surrounding Menendez gives them a pickup opportunity in the narrowly divided chamber. He's vowed to fight the charges, though many of his fellow Democrats have abandoned him and some have said he should resign. Zdan left TV journalism after being laid off during cutbacks at News 12 late last year.

Persons: —, Democratic Sen, Bob Menendez, Alex Zdan, Christine Serrano Glassner, Curtis Bashaw, Menendez, he'll, He's, Tammy Murphy, Andy Kim, Lawrence Hamm, Patricia Campos, Zdan, Phil Murphy, Trump, ” Organizations: New, Senate, Republican, Democratic, GOP, Mendham, U.S . Senate, News, Democratic Gov Locations: TRENTON, N.J, New Jersey's U.S, New Jersey, U.S, Mexico, Nogales , Arizona, . New Jersey, Medina

☆ Ecuadorean Prosecutor Killed by Gang, Two Arrested -Police
▼ + stars: | 2024-01-18 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +3 min

By Yury Garcia and Alexandra ValenciaGUAYAQUIL/QUITO (Reuters) -Two suspects have been arrested in connection with the murder of Ecuadorean prosecutor Cesar Suarez who was allegedly targeted by a gang, police said on Thursday, as security forces continued interventions in prisons. Incidents this month have included an attack by armed gunmen on the TC television station, the hostage-taking of more than 200 prison staff and the kidnapping of police officers. Suarez was in charge of investigating the television station attack, when journalists and others were briefly held hostage, as well as cases connected to corruption and drug trafficking, Herrera said. Police detained 13 people, including two minors, in connection with the television station attack. Ecuadorean bonds continued to rise on Thursday on views the crisis could become a catalyst for policy action.

Persons: Yury Garcia, Alexandra Valencia, Cesar Suarez, Daniel Noboa, Suarez, Victor Herrera, Herrera, Adolfo Macias, Ecuadorean, Rodrigo Campos, Julia Symmes Cobb Organizations: Alexandra, Alexandra Valencia GUAYAQUIL, TC, Police, Security Locations: QUITO, Ecuador, Guayas province, Guayaquil, America, Quito, New YorkWriting

It will see suspended payments repaid from 2027 to 2029 after a grace period from 2025 to 2026, the Paris Club said in a statement, noting that the deal was reached on Nov. 23. If Ethiopia does not get an IMF staff-level agreement by March 31, the official creditor committee "reserves the right to declare the suspension null and void", the Paris Club said. The Paris Club said 10 of its members were on Ethiopia's official creditor committee, which is co-chaired by France and non-Paris Club member China. Other non-Paris Club committee members are India, Kuwait, Poland, Saudi Arabia and Turkey. "We welcome the recent announcement of an interim standstill agreement with official creditors," the IMF spokesperson added.

Persons: Tellimer, Patrick Curran, Rachel Savage, Rodrigo Campos, Alex Richardson, Toby Chopra, Kirsten Donovan Organizations: International Monetary Fund, Paris Club, French Treasury, Ethiopian, IMF, Club, OCC, China, Thomson Locations: JOHANNESBURG, China, Addis Ababa, Tigray, Ethiopia, France, India, Kuwait, Poland, Saudi Arabia, Turkey

☆ Canada set to announce Boeing order for maritime patrol aircraft -source
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +1 min

A Boeing logo is seen at the company's technology and engineering center in Sao Jose dos Campos, Sao Paulo state, Brazil October 10, 2023. REUTERS/Gabriel Araujo/File Photo Acquire Licensing RightsNov 29 (Reuters) - Canada is set to announce on Thursday a multi-billion dollar sole-source contract for Boeing Co’s (BA.N) P-8 Poseidon maritime patrol aircraft to replace the country’s military surveillance planes, a senior government source familiar with the matter told Reuters. An announcement would end months of speculation and follow a challenge from Canadian private planemaker Bombardier (BBDb.TO) which called for an open competition so it could submit a bid using its large-cabin Global business jets. A draft agreement between the governments of Canada and the United States for the sale of the Poseidon aircraft and associated training and equipment is set to expire on Thursday. Boeing declined comment on Wednesday.

Persons: Sao Jose dos Campos, Gabriel Araujo, Steve Scherer, Valerie Insinna, Allison Lampert, Chris Reese, Sonali Paul Organizations: Boeing, REUTERS, Reuters, Bombardier, CP, Aurora, Poseidon, Thomson Locations: Sao Jose, Sao Paulo state, Brazil, Canada, United States, Ottawa, Washington, Montreal

Argentine President-elect Javier Milei departs the Eisenhower Executive Office Building after meeting with Biden administration staff at the White House complex in Washington, U.S., November 28, 2023. His foreign policy, meanwhile, is unabashedly pro-United States and pro-Israel, with a cooler stance on top trade partners Brazil and China. 2 Gita Gopinath and other fund officials, the fund said separately. The IMF has said in the past that dollarization is not a substitute for sound macroeconomic policy. Milei and IMF officials had a first virtual meeting on Friday, which Georgieva called a "very constructive engagement".

Persons: Javier Milei, Kevin Lamarque, Milei, Jake Sullivan, Juan Gonzalez, Benjamin Gedan, Alberto Fernandez, Vladimir Putin, Kristalina Georgieva, Posse, Luis Caputo, Gita Gopinath, Georgieva, Jason Lange, Rodrigo Campos, Rosalba O'Brien, Christopher Cushing Organizations: Argentine, Biden, REUTERS, Rights, U.S, White, National Security, Western, United, Israel, America, Wilson, International Monetary Fund, IMF, Reuters, Thomson Locations: Washington , U.S, Washington, Argentina, United States, Brazil, China, U.S, Moscow, Ukraine, Beijing, Argentine, New York

[1/4] An illegal money changer checks old U.S. dollars at a marketplace in Harare, Zimbabwe, November 26, 2020. The government reintroduced the local currency in 2019, but it rapidly lost value. Zimbabwe's dollarization story is as full of warnings as it is with promise. During the five years before dollarization in 2000, the monthly measure of annualized inflation averaged 33% in Ecuador. "With our local currency we couldn't buy anything, it was very expensive to acquire things, so dollarization ... allowed people to have greater security in their purchases."

Persons: Javier Milei, Milei, Zimbabwe's, Bongiwe Mudau, Dollarization, dollarization, Mudau, Moses Mhlanga, Nestor Cerneaz, Wilson Andrade, Juan Carlos Villota, Guido Puig, Tito Correa, Nyasha, Miguel Lo Bianco, Rodrigo Campos, Adam Jourdan, Karin Strohecker, Rosalba O'Brien Organizations: REUTERS, Philimon, Rights, U.S ., Reuters, International Monetary Fund, hawker, Reuters Graphics Reuters, dollarization, Thomson Locations: Harare, Zimbabwe, Philimon Bulawayo, Rights QUITO, HARARE, BUENOS AIRES, Zimbabwe's, Quito, Ecuador, Argentina, El Salvador, greenbacks, Buenos Aires, Argentine, New York

Citi announced plans to cut management layers from 13 to eight as part of its biggest overhaul in decades. Citigroup declined to comment on all the personnel moves, and none of the leaders named responded to requests for comment. The full reorganization could involve thousands of layoffs, according to a source familiar with the situation who was not authorized to speak publicly. Preparations for Monday's announcements were communicated verbally in meetings last week, according to another source familiar with the situation. Final announcements related to the overhaul will be made early next year, Fraser said in a memo to employees.

Persons: Jane Fraser, Eduardo Martinez Campos, Andy Sieg, Andrew Kelly, Valentin Valderrabano, Patricia Dorosz, Nacho Gutiérrez, Carmen Haddad, Fahad Aldeweesh, Haddad, Jose Miguel Salvador Nasur, Peter Babej, Ernesto Torres Cantú, Brad Wayman, Chris McCullough, Wayman, Patrick Gallagher, Lucy Baldwin, Sandeep Arora, Fraser, Mark Mason, Tatiana Bautzer, Lananh Nguyen, Andres Gonzalez, Saeed Azhar, Bayliss, Echo Wang, Isla Binnie, Nick Zieminski, Stephen Coates, Marguerita Choy Organizations: Citigroup, Citi, Citi Wealth Services, Citibank, New York Stock Exchange, REUTERS, Svea Herbst, Thomson Locations: Manhattan , New York City, U.S, Europe, Saudi Arabia, Chile, New York, London, Svea

☆ Consumers are more focused on their discretionary spending, says former DVF CEO Sandra Campos
▼ + stars: | 2023-11-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumers are more focused on their discretionary spending, says former DVF CEO Sandra CamposSandra Campos, former Diane von Furstenberg CEO, joins 'Squawk Box' to discuss the health of the consumer, what it means for retailers, and more.

Persons: Sandra Campos Sandra Campos, Diane von Furstenberg Organizations: Consumers

☆ Boeing chief strategy officer to depart in 2024 as part of restructuring
▼ + stars: | 2023-11-16 | by ( Valerie Insinna | ) www.reuters.com time to read: +2 min

A Boeing logo is seen at the company's technology and engineering center in Sao Jose dos Campos, Sao Paulo state, Brazil October 10, 2023. REUTERS/Gabriel Araujo/File Photo Acquire Licensing RightsWASHINGTON, Nov 16 (Reuters) - Marc Allen will step down as Boeing's (BA.N) chief strategy officer at the end of the year and leave the company in 2024 as the U.S. planemaker pares down its strategy arm. In a letter to employees on Thursday, Boeing CEO David Calhoun said the U.S. planemaker will not fill the chief strategy officer role going forward. Boeing will shrink its strategy and corporate development organization and instead have "strategy teams directly joining the business units they support," Calhoun said. Chief Financial Officer Brian West and Mike D’Ambrose, the company's top human resources official, will create a realignment plan for the strategy unit over the next month, Calhoun said.

Persons: Sao Jose dos Campos, Gabriel Araujo, Marc Allen, planemaker, David Calhoun, Calhoun, Brian West, Mike D’Ambrose, Allen, Valerie Insinna, Tim Hepher, Chris Reese, Bill Berkrot Organizations: Boeing, REUTERS, Rights, Embraer, EMBR3, Airbus, Thomson Locations: Sao Jose, Sao Paulo state, Brazil, U.S, China

The economy is likely already in recession and is expected to contract again next year. Shortly after being sworn in as economy minister, Massa in August 2022 pledged to stop printing money to fight inflation. "Markets will likely prefer a Milei victory simply because he is more credible on delivering the fiscal adjustment." "Every investor understands that the macroeconomic adjustments that Argentina needs will inevitably translate into short-term pain." For investors, Argentine stocks traded in New York (.MIAR00000PUS) have been a beacon of hope, up near 15% year to date.

Persons: Sergio Massa, Javier Milei, Luis Robayo, Pilar Tavella, Alejo Czerwonko, Massa, Carlos de Sousa, UBS's, JPMorgan's Diego Celedon, Celedon, Rodrigo Campos, Adam Jourdan, Lisa Shumaker Organizations: por la Patria, La Libertad, University of Buenos, Law School, Global, Peronist, Barclays, Reuters Graphics Reuters, Argentina, Monetary Fund, Itau, IMF, Emerging, UBS Global Wealth Management, Vontobel Asset Management, Argentine, UBS, Thomson Locations: Argentina, University of Buenos Aires, Buenos Aires Argentina, New York, Argentine, outperforming

☆ MSCI announces results of quarterly index review
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsNov 14 (Reuters) - Index provider MSCI (MSCI.N) said on Tuesday that 46 securities will be added to and 69 deleted from its widely-followed MSCI ACWI stock index, while 14 will be added and two deleted from its frontier markets stock index. Changes will be implemented as of the market close on Nov. 30, MSCI announced in its quarterly index review. The three largest additions to the MSCI ACWI from developed markets will be Vertiv Holdings (VRT.N) and Celsius Holdings (CELH.O) from the United States, and Italy’s Leonardo (LDOF.MI). It will also add 16 and delete 25 securities from the MSCI China All Shares Index. The largest additions will be these same companies.

Persons: Thomas White, MSCI, Italy’s Leonardo, Rodrigo Campos, Chris Reese Organizations: Vertiv Holdings, Holdings, Tata Motors, Indonesia’s Amman Mineral, Frontier, Stock Commercial Bank, Oman International Development & Investment Company, Banque Marocaine pour, CGN, Co, Shanghai United Imaging Healthcare, Empyrean Technology, Thomson Locations: United States, Indonesia’s Amman, China, Vietnam, Oman, Banque Marocaine pour le, Shanghai

☆ Boeing to boost production capacity for Patriot missile sensors
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

A Boeing logo is seen at the company's technology and engineering center in Sao Jose dos Campos, Sao Paulo state, Brazil October 10, 2023. REUTERS/Gabriel Araujo Acquire Licensing RightsNov 13 (Reuters) - Boeing (BA.N) said on Monday it will increase Huntsville factory production capacity for sensors that are used to guide Patriot missiles to their targets to meet rising air and missile defense needs worldwide. The facility with increased production capacity, expected to be operational in early 2027, will enable Boeing to increase annual PAC-3 (Patriot Advanced Capability-3) seeker production by more than 30%, the company said. Ukraine has used Patriot missiles in its effort to repel Russia's invasion. Patriot, which stands for Phased Array Tracking Radar for Intercept on Target, is considered one of the most advanced air defense systems in the U.S. arsenal.

Persons: Sao Jose dos Campos, Gabriel Araujo, Lockheed Martin, Aatreyee Dasgupta, Shounak Dasgupta Organizations: Boeing, REUTERS, Lockheed, Thomson Locations: Sao Jose, Sao Paulo state, Brazil, Huntsville, United, Ukraine, U.S, Bengaluru

LAÚNDOS, Portugal (AP) — Guilherme Peixoto, a village priest in northern Portugal, has been busy this month celebrating Masses at his two parishes, presiding over remembrances for the dead — and preparing the electronic music set for his next international DJ gig. "They can think, 'If it’s possible for a priest to be DJ, it’s possible for me to like music, and festivals, and be Christian.'" The priest broke onto the global stage when the organizers of World Youth Day in Lisbon asked him to “wake up the pilgrims” at 7 a.m. before Pope Francis’ open-air Mass in August. There, he re-mixed electronic dance beats with words from Pope Francis’ encyclical about protecting the environment. “It’s very important to me to not only be the priest DJ, but be the shepherd of the community,” Peixoto said.

Persons: — Guilherme Peixoto, remembrances, ” Peixoto, Pope Francis ’, Peixoto, who’s, John Paul II, He’d, Francis ’, Silvana Pontes, ”, ” Pontes, he’d, Tania Campos, she’s, —, Paulo, Switzerland —, Irene Pontes, Andreia Flores, ” Flores, “, “ It’s, Pope, Pope Francis, Eduardo Duque, “ Padre Guilherme, we’ll, ’ ”, don’t, Jesus —, DJ Organizations: —, Ar, Rock, Peixoto, Catholic Portuguese University, Braga, Lilly Endowment Inc, AP Locations: LAÚNDOS, Portugal, fundraise, Italy, Lisbon, Portuguese, Laúndos, Ar de, Arizona, Switzerland, Amorim .

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