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☆ Angel Reese ‘super excited’ for ‘direction’ of WNBA and details ‘inspirational’ mentor Shaquille O’Neal
▼ + stars: | 2024-04-25 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

CNN —Angel Reese said she is “super excited” by the “really great direction” that the WNBA is heading in, after being drafted into the league by the Chicago Sky earlier this month. 7 pick in the 2024 WNBA draft, pairing her up with former South Carolina star Kamilla Cardoso – who had been picked No. In her introductory press conference with Chicago on Wednesday, the 21-year-old spoke about what she’s gleaned already from her fellow professionals. “They understand and they know our impact and they embrace that and we’re all just trying to go in the right direction, and I think we’re going up right now. In Reese and Cardoso, the Sky have a potentially game-changing frontcourt and the former LSU star is excited with what’s to come in the Windy City.

Persons: Angel Reese, Reese, Kamilla Cardoso –, “, ” Reese, Caitlin Clark, she’s, Brad Penner, Shaquille O’Neal, O’Neal, Shaq, Reese “, ”, “ He’s, Cardoso, “ I’ve, I’ve Organizations: CNN, Chicago Sky, Sky, South, Chicago, WNBA, LSU, SEC, LSU Tiger, Reuters, Tigers, NBA, Las Vegas Aces Locations: South Carolina, Chicago, Windy City

☆ South Carolina Coach Dawn Staley on Caitlin Clark: She is a superstar
▼ + stars: | 2024-04-16 | 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 EmailSouth Carolina Coach Dawn Staley on Caitlin Clark: She is a superstarSouth Carolina Coach Dawn Staley and South Carolina Gamecocks Center Kamilla Cardoso to discuss the rising popularity of women's college basketball, Caitlin Clark's role in bringing more attention to the sport, and more.

Persons: Dawn Staley, Caitlin Clark, South Carolina Gamecocks Center Kamilla Cardoso, Caitlin Clark's Organizations: South Carolina, South Carolina Gamecocks Center

☆ Caitlin Clark: Here’s what she said after being selected at No. 1 in the WNBA draft
▼ + stars: | 2024-04-16 | by ( Matias Grez | ) edition.cnn.com time to read: +6 min

CNN —Few things in professional sports have ever been as certain as Caitlin Clark being selected as the No. That’s what I’m going to do. I’m going to be in there and be like, ‘Go make a layup.’ She’s going to make my life easy. “If you’re a women’s basketball fan or you’re not a women’s basketball fan, I encourage you to watch the show when it comes out,” Clark says. I think I’m just excited.

Persons: Caitlin Clark, –, Clark, “, ” Clark, ’ She’s, Cameron Brink, Angel Reese, Adam Hunger, ”, Clark Clark, they’re, It’s, Peyton Manning’s, Kamilla Cardoso, Kiki Rice, Brian Babineau, I’ve, it’s, hasn’t, Steph Chambers Organizations: CNN, Iowa Hawkeyes, NCAA Division, Indiana Fever, Boston, South, NCAA, ESPN, Peyton, Chicago Sky, UCLA Bruins, Clark, Getty, Fever, WNBA, Iowa, Phoenix Mercury, Pacers Locations: men’s, Boston, South Carolina, Los Angeles, New York, Peyton Manning’s Omaha, Phoenix Mercury . Iowa, Indianapolis

☆ Prada dresses Caitlin Clark on WNBA draft night
▼ + stars: | 2024-04-16 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +3 min

And while Caitlin Clark, the NCAA’s all-time leading scorer across men’s and women’s basketball, was snapped up as the No. Sarah Stier/Getty ImagesIn previous years, dress codes at the draft had tended to lean toward daytime suiting and dresses, but on Monday night it was clear that the stakes had been raised. Sarah Stier/Getty ImagesRickea Jackson in a playful, high-low pantsuit. Sarah Stier/Getty ImagesPrada’s move to dress Clark is likely a sign of luxury brands’ further expansion into the sport. Designer brands now jump at the chance because they know this will be publicized, styled, and shown to millions.”Ahead of the draft, Clark called her collaboration with Prada “pretty special,” in a red-carpet interview (though, technically, said carpet was orange-colored) with the WNBA.

Persons: Caitlin Clark, Prada, Clark, Sarah Stier, Stanford’s Cameron Brink, Tennessee’s Rickea Jackson, Carolina’s Kamilla Cardoso, LSU’s Angel Reese, Angel Reese, Rickea Jackson, ’, — Clark, Cardoso, Reese, Jazmine Motley, Maddox, DeWanna Bonner, Alyssa Thomas, ”, “ It’s Organizations: CNN, Indiana Fever, Iowa Hawkeyes, Los Angeles Sparks, Brink, Banco, Chicago Sky, NBA, NCAA, WNBA Locations: men’s, LA, Bronx

We'll show you everything you need to know about tonight's event, including where to watch the WNBA Draft live stream and how the draft works. How to watch the WNBA Draft in the USThe WNBA Draft will air on ESPN at 7:30 p.m. If you don't have cable, there are a couple of live TV packages that will be able to help you out, like Sling TV and Hulu + Live TV. Shop at SlingYou can also catch ESPN live with Hulu + Live TV. The WNBA Draft is split into three rounds featuring 12 picks each, so 36 players in total will be selected.

Persons: Caitlin Clark, Angel Reese, Cameron Brink, Kamilla Cardoso, we've, Hulu's, ExpressVPN Organizations: Business, NCAA, Iowa, WNBA, Indiana, Fever, South Carolina, ESPN, Sling, Hulu, Disney, Disney Plus, ExpressVPN, Indiana Fever Locations: Chicago

☆ Dawn Staley: South Carolina’s three titles in seven years speak volumes of coach’s remarkable tenure
▼ + stars: | 2024-04-08 | by ( Ben Morse | Sarah Sidner | ) edition.cnn.com time to read: +9 min

CNN —Caitlin Clark’s last dance in the NCAA dominated conversation ahead of Sunday’s women’s national championship game. Could the Iowa star cap off her historic time in college basketball with the final and so-far elusive accolade: a national title? Staley celebrates winning her third national title. After a year in Syracuse, she transferred to South Carolina in 2021, playing back-up to Boston during the team’s 2022 national title run. South Carolina players credit Staley for helping their development on the court.

Persons: Caitlin Clark’s, Clark, Dawn Staley’s, juggernaut Staley, South Carolina vanquishing Clark, ” Staley, “, ”, Staley, Gregory Shamus, ’, that’s, Gamecocks weren’t, Nancy Wilson, Susan Walvius, A’ja Wilson, Wilson, –, Kamilla Cardoso, Cardoso, Morry Gash, AP Cardoso, she’s, She’s, Dawn Staley, Lisa Bluder, Andy Lyons, you’re, You’re, Stanford’s Tara VanDerveer, UConn’s Geno Auriemma, Raven Johnson, It’s, Gerry Broome, Paopao, ” Paopao Organizations: CNN, NCAA, South Carolina Gamecocks, Mortgage, South Carolina, Gamecocks, Hawkeyes, South, WNBA, Las Vegas Aces, Boston, Indiana Fever, Getty Locations: Sunday’s, Iowa, Cleveland , Ohio, Columbia, South, South Carolina, Brazil, Syracuse, Boston, ” Iowa

☆ Opinion: Caitlin Clark is still the GOAT, but she’s not the only one
▼ + stars: | 2024-04-08 | by ( Opinion Amy Bass | ) edition.cnn.com time to read: +12 min

This year’s women’s tournament just kept getting better with every turn. That intensity is proof positive that women’s basketball has exploded. The valuation of the college game, too, is on a meteoric rise. Caitlin Clark talks with the media after Iowa's loss to South Carolina in the 2024 NCAA Women's Basketball Tournament National Championship on April 7. “I want to personally thank Caitlin Clark for lifting up our sport… she carried a heavy load,” Staley said.

Persons: Amy Bass, Read, CNN —, Georgeann Wells, Ashlyn Watkins, Rodney Bedsole, Caitlin Clark, There’s, Tara VanDerveer’s, Geno Auriemma, Rebecca Lobo, Renee Montgomery, Kerry Bascom, Sue Bird, Diana Taurasi, Maya Moore, Breanna Stewart, Dawn Staley, Pat Summit’s Lady, Clark, Kamilla Cardoso, Staley, It’s, Aaliyah Edwards, Cardoso, Paige Bueckers, Watkins, Angel Reese, We’ve, Reese, Stewart, Taylor Swift, –, ’, Clark pandemonium –, Jason Sudeikis, Steph Chambers, MiLaysia Fulwiley, Tessa Johnson, ” Staley, Stanford’s Cameron Brink, Tennessee’s Rickea Jackson, Edwards, “, Serena Williams, ” Reese, ” Kamilla Cardoso, Gregory Shamus Organizations: Manhattanville College, CNN, University of Charleston, Iowa, NCAA, Louisiana Tech, Cheyney, Nykesha, CBS, Pat Summit’s Lady Vols, Tennessee, Auriemma’s Huskies, Gamecocks, US Women’s National, WNBA, Seattle, LSU, UConn, MLB, NHL, MLS, ESPN, Getty, North, Vogue, South Carolina Gamecocks, Indiana Fever, Las Vegas Aces, Fever, Mobile, South Carolina Locations: West Virginia, South, Stanford, South Carolina, Iowa, North America

We'll show you everything you need to know about the competition, including when and where to watch Iowa vs. South Carolina in the Women's March Madness final live stream. Women's March Madness final live stream quick links US: Sling TV ($40) / Hulu + Live TV ($76.99)Sling TV ($40) / Hulu + Live TV ($76.99) Access live TV subscriptions from anywhere via ExpressVPNExpressVPN When: Sunday at 3 p.m. ET / 6 p.m. PT on ABCWhere to watch Women's March Madness final in the USThe 2024 Women's March Madness final airs on Sunday at 3 p.m. If you don't have cable, this means you'll need to check out a live TV package like Sling TV or Hulu + Live TV. The live TV package also has ESPN and 90 other live TV channels.

Persons: Caitlin Clark, Clark, Captain Kamilla Cardoso, It's, Hulu's, VPNs, ExpressVPN Organizations: Business, Iowa, LSU, Tigers, Elite, Division, WNBA, NCAA Championship, UConn, ABC, Hulu, ., ESPN, New, Disney, Disney Plus Locations: Iowa, South Carolina, Carolina, New York City, Los Angeles, Chicago

☆ South Carolina wins NCAA women’s championship game over Iowa, Caitlin Clark
▼ + stars: | 2024-04-07 | by ( Jill Martin | ) edition.cnn.com time to read: +16 min

“Kamilla Cardoso was not going to let us lose a game in the NCAA tournament,” South Carolina head coach Dawn Staley said. While the spotlight was on Clark, South Carolina just kept winning. Ben Solomon/NCAA Photos/Getty Images Clark, right, and Kate Martin walk off the court after losing to South Carolina. Kirby Lee/USA Today Sports/Reuters Kamilla Cardoso of the South Carolina Gamecocks and Saniya Rivers jump for the opening tipoff. Ben Solomon/NCAA Photos/Getty Images South Carolina's Te-Hina Paopao walks onto the court during player introductions ahead of the game.

Persons: Iowa’s Caitlin Clark, Clark, Tessa Johnson, Kamilla Cardoso, Cardoso, “ Kamilla Cardoso, Dawn Staley, Paopao, Chloe Kitts, Staley, she’s, ” Clark, “, I’m, Lisa, Bluder, ” Staley, Caitlin Clark, Morry Gash, “ Awesome, it’s, ”, Raven Johnson, ” Raven Johnson, They’d, ” Tessa Johnson, Aaron Doster, Steph Chambers, Ben Solomon, Kate Martin, Gregory Shamus, Morgan Engel, Bree, Carolyn Kaster, Fulwiley, Iowa's Hannah Stuelke, Gabbie Marshall, Lisa Bluder, Marshall, Justin Tafoya, Carolina's Chloe Kitts, Reuters Staley, Jason Sudeikis, Ken Blaze, Reuters Clark, Kirby Lee, Ashlyn Watkins, Martin, Kylie Feuerbach, Watkins, Sydney Affolter, Carolina's Cardoso, Stuelke, Jason Miller, Al Bello, Paige Bueckers, Brady, Aaliyah Edwards, Edwards, Nika, KK Arnold, Arnold, Zoe Brooks, MiLaysia, Baldwin, Chloe Kitts of, Sania Feagin, C, Wes Moore, Katie Peneueta, Brooks, Rivers, Reuters Kamilla Cardoso, Saniya, UConn’s Paige Bueckers, LSU’s Angel Reese, JuJu Watkins, rebounder, Naismith, Entering’s Organizations: CNN, NCAA, Gamecocks, Iowa, LSU, WNBA, South, Mortgage, ESPN, Hawkeyes, South Carolina Gamecocks, Iowa Hawkeyes, Sunday, USA, Sports, Reuters, Getty, AP, Carolina, Sydney, The Iowa Hawkeyes, UConn Huskies, Huskies, UConn, Images Iowa, Images, Getty Images Iowa, NC State Wolfpack, North Carolina State, NC State, tipoff, South Carolina, Associated Press, Wade, Eight Locations: Iowa, South Carolina, Cleveland , Ohio, Clark , South Carolina, Reuters Iowa, Carolina, Cardoso of South Carolina, Stuelke, Martin, Cleveland, Chloe Kitts of South Carolina

☆ Nigeria's central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis
▼ + stars: | 2024-03-26 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa's largest economy looks to recover from a historic currency crisis and soaring inflation. The CBN announced that its main monetary policy rate would rise to 24.75% from 22.75%, in its second consecutive hike after February's 400 basis point increase. Governor Olayemi Cardoso told a press conference that policymakers believed they need to continue tightening in order to tame runaway inflation, according to Reuters. "That may be a sign that some MPC members are concerned about the impact on growth from tighter monetary policy," he suggested in a note on Tuesday. Capital Economics expects further tightening, given Governor Cardoso's need to bring down the curtain on the country's inflation and currency crises.

Persons: Olayemi Cardoso, David Omojomolo, Cardoso's Organizations: Central Bank of Nigeria, CBN, Reuters, Capital Economics, MPC Locations: Africa

☆ Opinion: Trump’s image is on the line
▼ + stars: | 2024-03-24 | by ( Richard Galant | ) edition.cnn.com time to read: +20 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. … Deals are my art form.”Having a lot of money distinguished him from other presidential candidates, Trump contended. ‘I don’t need anybody’s money,’ Trump said in his June 2015 presidential campaign announcement.”“Now Trump needs money, a lot of it. In July 2006, she met Trump at a celebrity golf tournament and says that the two had sex that weekend. “Whatever the Fifth Circuit and Supreme Court decide next, the question for President Joe Biden is what to do now,” wrote Lawrence Downes.

Persons: Charles Dickens, “ David Copperfield, Micawber, ” Micawber, “, Dickens, Donald Trump, Letitia James, Trump, he’ll, ”, Tony Schwartz, I’ve, Frida Ghitis, ’ Trump, … Dana Summers, Joe Biden’s, Julian Zelizer, Biden’s, ” Bill Bramhall, Stormy Daniels, Peacock, Ana Marie Cox, Daniels, she’s, Peter Navarro, He’s, Mike Johnson, Kevin McCarthy, House Republicans —, Matt Gaetz ’, Marjorie Taylor Greene, Johnson, Clay Jones, Paul Sracic, Fareed Zakaria, Biden, Peter Bergen, Bashar al, Assad, ” Bergen, Vladimir Putin, Richard Aboulafia, ” David Horsey, Joann, Lynda Gorov, it’s, ” Kate Middleton’s, Princess, Wales, Sara Stewart, Kate, that’s, she’ll, Joe Biden, Lawrence Downes, “ Biden, Greg, Abbott, ’, ” Downes, Trump’s, Jared Kushner, Kushner, Donald Trump’s, Aseel Mousa, Drew Sheneman, Max Besbris, ” Besbris, Linda Thomas, Greenfield, Thomas, Eleanor Roosevelt, ‘, ” Don’t, Grace Elizabeth Hale, Elizabeth Yuko, Avi Weiss, Jennifer Jones, Jill Filipovic, Christine Blasey Ford Derrick Johnson, Peter Rutland, Holly Thomas, Lily Allen, Mary Ziegler, Lanhee Chen, Steve Garvey, Adam Schiff, Patricia Grisafi, Caitlin Clark Walt Handelsman, Caitlin Clark, Amy Bass, Kamilla Cardoso, UCLA’s Kiki Rice, ’ ” Clark, Bass, Pete ’ Maravich, Court, Serena Williams, Clark, Maravich …, — Organizations: CNN, New, Trump, Agency, Twitter, Save, Maga Inc, Biden, Content Agency Trump, House Republicans, Rep, Ohio GOP, Russia ISIS, ISIS, Boeing, Airbus, Crafts, Boys, BBC Studios, Circuit, Texas Gov, Abbott, of Justice, Texans, Harvard, National Association of Realtors, United Nations, “, University of Iowa, ESPN, Iowa Hawkeyes, NCAA Division Locations: Save America, New York, Baton Rouge , Louisiana, Ohio, Russia, Moscow, Iraq, Syria, Syrian, “, Iran, Afghanistan, ”, Ukrainian, Windsor, ” Texas, Texas, Gaza, Southern, Rafah, Egypt, Israel, Gaza City, Al, Grace Elizabeth Hale : Mississippi, ‘, California

☆ Nigeria battles to halt spiraling currency crisis and rising food insecurity
▼ + stars: | 2024-03-05 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

IBADAN, Nigeria - Feb. 19, 2024: Demonstrators hold placards during a protest against the hike in price and hard living conditions in Ibadan on February 19, 2024. Inflation hit an annual 29.9% in January, driven by soaring food prices that have triggered a cost-of-living crisis in Africa's largest economy. The naira currency, meanwhile, plunged to an all-time low of around 1,600 against the U.S. dollar in late February. "With about 8 percent of Nigerians deemed food insecure, addressing rising food insecurity is the immediate policy priority." IBADAN, Nigeria - Feb. 19, 2024: Demonstrators are seen at a protest against the hike in price and hard living conditions in Ibadan on February 19, 2024.

Persons: Samuel Alabi, Bola Tinubu's, David Omojomolo, Olayemi Cardoso Organizations: Afp, Getty Images, International Monetary Fund, U.S, Bloomberg, Getty, Washington, D.C, IMF, Central Bank of, Capital Economics Locations: IBADAN, Nigeria, Ibadan, Getty Images Nigeria, Africa's, LAGOS, Lagos, Africa

1 South Carolina pulled away early to win its fourth straight over No. Photos You Should See View All 21 ImagesBut the South Carolina took flight after that, using a 24-11 run over the next 10 minutes to go up by double digits. UConn never got closer than 12 points the rest of the way as South Carolina moved to 6-0 this season against ranked opponents. The Huskies shot just 5 of 19 (26%) in the opening quarter as South Carolina steadily built its lead. These South Carolina youngsters look every bit as determined to go further this year.

Persons: —, Hina Paopao, Raven Johnson, rebounder Kamilla Cardoso, Dawn Staley, Ashlyn Watkins, Chloe Kitts, Ashlynn, Aaliyah Edwards, Watkins, KK Arnold, Xavier, ___ Organizations: COLUMBIA, Carolina, UConn, Gamecocks, Huskies, South Carolina, KK, Iowa, NEXT UConn, Tennessee, AP, womens Locations: Brazil, South, South Carolina, Carolina

2 in The Associated Press Top 25 women's basketball poll Monday as the star guard moved within striking distance of the NCAA career scoring record. 2 has been a revolving door lately, South Carolina has maintained a strong grip atop the poll, once again the unanimous No. 3 North Carolina State, No. They've also beaten four current Top 25 teams (Oklahoma, Notre Dame, Syracuse and Louisville). ___Get poll alerts and updates on AP Top 25 basketball throughout the season.

Persons: Caitlin Clark, Dawn Staley's, Kamilla Cardoso, Clark, Kelsey Plum's, JuJu Watkins, It's, Geno Auriemma, Tara VanDerveer, Mike Krzyzewski, Auriemma's, They've, ___ Organizations: Associated Press, NCAA, Hawkeyes, UCLA, Kansas State, Gamecocks, UConn, Brazilian, Iowa, Ohio, Penn State, Carolina State, State, Buckeyes, Stanford, USC, Baylor, Wildcats, Oklahoma, Huskies, Seton Hall, Virginia Tech, South Carolina , Kansas State, Notre Dame, AP, womens Locations: Iowa, UCLA , Iowa, South Carolina, Missouri, Nebraska, Colorado, Texas, North Carolina, State, South Carolina , Kansas, . State, Oklahoma, Notre, Syracuse, Louisville

(AP) — Bree Hall made a go-ahead 3-pointer with 1:14 remaining, and No. 1 South Carolina rallied from an 11-point deficit to beat ninth-ranked and defending national champion LSU 76-70 on Thursday night. Van Lith finished with 12 points. South Carolina took its first lead since the first basket of the game when Cardoso converted a layup for a 63-61 advantage with 6:06 left in the fourth. LSU: Coach Kim Mulkey dropped to 1-4 against South Carolina — 0-3 in three seasons with LSU and 1-1 in her 21 seasons with Baylor.

Persons: — Bree Hall, Chloe Kitts, Raven Johnson, Kamilla Cardoso, Hall, Aneesah Morrow, Angel Reese, Johnson, Hailey Van Lith, Van Lith, Mikaylah Williams, Flau'jae Johnson, MiLaysia Fulwiley, Cardoso, that’s, Kim Mulkey, ___ Organizations: Carolina, LSU, Gamecocks, Conference, Tigers, UConn, South Carolina —, Baylor, Mulkey, Vanderbilt, Sunday, Mississippi State, AP, womens Locations: BATON ROUGE, La, Carolina, UP

☆ Nigeria naira hits record low near unofficial market rate
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: 1 min

ABUJA, Dec 1 (Reuters) - Nigeria's naira dropped to a record low against the dollar on Friday on the official market, close to the rate at which it trades on the unofficial parallel market. The currency of Africa's biggest economy fell as low as 1,160 naira to the dollar, LSEG data showed, before recovering to around 800 naira. The naira's official exchange rate has been drifting towards the parallel market level as the central bank is yet to clear outstanding foreign-currency amounts owed in forward deals. Last week, central bank Governor Olayemi Cardoso said he would allow market forces to determine exchange rates while setting clear, transparent and harmonised rules governing market operations. The currency sold at around 1,165 naira on the parallel market on Friday.

Persons: naira, Olayemi Cardoso, Chijioke Ohuocha, Alex Richardson Organizations: Thomson Locations: ABUJA

Musician Paul McCartney performs during his Got Back tour at SoFi Stadium in Inglewood, California, U.S., May 13, 2022. Tickets priced between 200 reais ($41) and 400 reais ($82), much lower than most of those for the tour, sold out in just a few minutes. Fans who managed to buy tickets received wristbands for the concert. Upon arrival, event organizers sealed up fans' mobile phones and cameras to prevent images being recorded. Reporting by Bernardo Caram; Writing by Steven Grattan; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Persons: Paul McCartney, Mario Anzuoni, McCartney, Amanda Cardoso, I'd, Bernardo Caram, Steven Grattan, Bill Berkrot Organizations: REUTERS, Rights, Cavern Club, Beatles, Clube, Choro, Thomson Locations: Inglewood , California, U.S, Rights BRASILIA, Liverpool, Brazil, Brasilia, Belo Horizonte, Sao Paulo, Curitiba, Rio de Janeiro

Lee submitted his master’s thesis film “Joe’s Bed-Stuy Barbershop: We Cut Heads,” starring Monty Ross, to the Student Academy Awards. The Student Academy Awards may not be as glitzy or high profile as the Oscars, but in its 50 years it has proven to be a vital launching ground for emerging filmmakers. Inclusion and access may sound like recent buzzwords, but the film academy has been striving to break down barriers to entry for decades. “Once your name is tied to a Student Academy Award, it just opens all of these doors,” Carter said. Like Lee did four decades earlier, he applied to the student academy awards while studying at NYU.

Persons: Spike Lee, Lee, ”, Monty Ross, Walter Mirisch, Pete Docter, Robert Zemeckis, Trey Parker, Patricia Riggen, Bob Saget, Patricia Cardoso, “, Kendra Carter, ” Carter, Lachlan Pendragon, ” Pendragon, Giorgio Ghiotto, ” Ghiotto Organizations: New York University, Student, NYU Locations: Australian, Italy, Los Angeles

☆ Nigeria's naira firms on black market, central bank settles FX forwards
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

The naira has hit successive record lows on the black market, where it trades freely, as excess demand on the official market gets funnelled to the unofficial market. The naira crossed the 1,000 naira mark on the black market on Sept. 26, the day newly-appointed central bank governor Olayemi Cardoso appeared before the Nigerian senate for his confirmation hearing. The central bank has not intervened on the official market since October, helping accelerate the naira's slide on the black market. The currency hit a record low of 1,300 naira per dollar on the black market, a month after it crossed the 1,000 naira mark, amid thin trading volumes on the parallel market and dollar shortages on the official market. On the official market, the naira was trading at 884.53 to the dollar at 1200 GMT.

Persons: Afolabi, firmed, Olayemi Cardoso, Cardoso, Wale Edun, Chijioke, Mark Potter Organizations: REUTERS, Rights, Finance, Thomson Locations: Rights ABUJA, Nigeria

☆ Explainer: What is pushing the Nigerian naira to record lows?
▼ + stars: | 2023-10-27 | by ( Chijioke Ohuocha | ) www.reuters.com time to read: +4 min

Investors cheered when Tinubu lifted the currency controls, hoping a unified exchange rate would make it easier to access foreign currency, but that is yet to happen. Banks then repaid foreign credit lines with their own funds when the central bank did not pay out. New central bank governor Yemi Cardoso said clearing the backlog was a priority but he gave no timeline for how long it would take. The country's forex reserves fell to $33.5 billion in September from $37 billion in January, central bank data shows. Banks use their open net positions on foreign currency to finance short-term trade lines without resorting to the central bank for bidding.

Persons: Bola Tinubu, Tinubu, corporates, Banks, Yemi Cardoso, Chijioke Ohuocha, MacDonald Dzirutwe, Hugh Lawson Organizations: JPMorgan, FX, National Economic Council, BANK, Thomson Locations: ABUJA, Nigeria

☆ Nigerian naira hits record black market low -abokiFx
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +1 min

ABUJA, Oct 26 (Reuters) - Nigeria's naira hit a record low of 1,300 per dollar on the black market on Thursday, online platform abokiFX showed, driven by thin trading volumes on the parallel market and dollar shortages on the official market. The naira has been in free fall on the unofficial market, where it trades freely, after currency restrictions were lifted on the official market. Last month, the currency slid past 1,000 naira per dollar on the black market and has continued to weaken. On the official market, the naira recovered to 775 to the dollar from a record low of 999 it touched last week. It kept losing ground, however, on the black market due to thin trading.

Persons: naira, Yemi Cardoso, Wale Edun, Chijioke, Tomasz Janowski Organizations: Finance, Thomson Locations: ABUJA, Nigeria

☆ Nigeria's Tinubu picks banker Cardoso as next central bank governor
▼ + stars: | 2023-09-15 | by ( Felix Onuah | ) www.reuters.com time to read: +2 min

ABUJA, Sept 15 (Reuters) - President Bola Tinubu has nominated the former head of Citibank in Nigeria, Olayemi Cardoso, to serve as the country's new central bank governor, days before its next interest rate meeting, a presidential spokesperson said on Friday. The central bank did not respond to a request for comment on whether Emefiele and his deputy governors had resigned. The central bank raised rates by a smaller-than-expected 25 basis points in July, contrary to analysts' expectations, under acting Governor Folashondun Shonubi, one of Emefiele's deputies. The central bank pursued unorthodox policies under Emefiele who kept the currency artificially strong, a policy backed by former President Muhammadu Buhari, which supported government borrowings on the international markets. He was a former commissioner for economic planning and budget in Lagos state when Tinubu was governor between 1999-2007.

Persons: Bola Tinubu, Olayemi Cardoso, Godwin Emefiele, Tinubu, Cardoso, Ajuri Ngelale, Ngelale, Folashondun Shonubi, Emefiele, Muhammadu Buhari, Camillus Eboh, Chijioke Ohuocha, MacDonald Dzirutwe, Richard Chang, Jane Merriman, Hugh Lawson Organizations: Citibank, Central Bank of Nigeria, Thomson Locations: ABUJA, Nigeria, Lagos

Typically, it’s the faithful who carry the various likenesses of Mary in similar festivals across the world. A century ago, the Vatican formally granted special permission for animals to pull the floats with life-sized statues of the Virgin Mary, said the Rev. Another uncommon aspect of the procession is the iconic century-old sacred image standing on the bow of a boat-shaped float – the Virgin Mary breastfeeding infant Jesus. At least 50 were women dressed in pink and blue like the Virgin statue, carrying Jesus dolls or real babies. One of this year’s floats represented Our Lady of Peace, her statue framed by flags of conflict-ridden countries like Ukraine and Libya.

Persons: ”, Antonio Faustino, Virgin Mary, “, Pope Francis, Mary, Fernando Albano Cardoso, Faustino, Jesus, Albano, Julieta Pereira, ” Pereira, Filipe Mendonça, he’s, Alfredo Teixeira, Peace, –, gingerly, Francisco Lopes, Jennifer Esteves Organizations: Catholic, Vatican, Catholic Church, Catholic University of Portugal, Lamego’s, Lilly Endowment Inc, AP Locations: LAMEGO, Portugal, Portugal’s, Nossa Senhora, ”, Lisbon, Douro, Switzerland, Ukraine, Libya, Portuguese, Germany

☆ Amazon forest carbon emissions skyrocketed under Bolsonaro, study shows
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +2 min

[1/3] An aerial view shows trees as the sun rises at the Amazon rainforest in Manaus, Amazonas State, Brazil October 26, 2022. REUTERS/Bruno Kelly/File Photo Acquire Licensing RightsAug 23 (Reuters) - Brazilian space research center INPE said on Wednesday that carbon emissions in the Amazon forest soared in 2019 and 2020 compared to the previous decade due to poor enforcement of environmental protection policies. The forest's carbon emissions amounted to 0.44 billion metric tons in 2019 and 0.52 billion metric tons in 2020, compared to an annual average of 0.24 billion metric tons from 2010-2018, according to the INPE study published in Nature magazine. The study attributed the rise in a large part to an increase in deforestation, researcher and leader of the study Luciana Gatti said. The study relied on carbon dioxide samples collected by hundreds of research flights over the region between 2010 and 2020.

Persons: Bruno Kelly, INPE, Luciana Gatti, Luiz Inacio Lula da Silva, Jair Bolsonaro, Fernando Cardoso, Carolina Pulice, Chris Reese Organizations: REUTERS, Nature, Thomson Locations: Manaus, Amazonas State, Brazil

☆ They were slaughtered for their blubber, and nearly wiped out in Brazil. Decades later, humpback whales are making a comeback.
▼ + stars: | 2023-07-29 | by ( Marta Biino | ) www.businessinsider.com time to read: +2 min

In the 1980s, thousands of humpback whales were slaughtered in Brazil for their blubber. A few decades ago, a population of only 300 to 500 humpback whales survived in the country, scientist Jose Truda Palazzo, who works at the Humpback Whale Institute in the state of Bahia, told the news agency. Humpback whales have grown to about 30,000 in Brazil after being decimated in the 80s. REUTERS/Leonardo BenassattoThe population growth in humpback whales should be taken as a good sign for marine conservation not only in Brazil, but worldwide, Palazzo said. The effort to track the whale population is supported by "citizen scientists," non-professionals with a passion for science who support the work of the scientific community.

Persons: repopulating, Jose Truda Palazzo, Leonardo Benassatto, Palazzo, Julio Cardoso Organizations: Reuters, Service, Whale Institute, REUTERS Locations: Brazil, Wall, Silicon, Bahia, East

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