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Jury selection begins Monday in the federal criminal trial of U.S. Sen. Bob Menendez, D-N.J., who is charged with accepting "hundreds of thousands of dollars" in bribes — including some in gold bars — in return for official acts. It also alleges the couple received "gold bars, payments toward a home mortgage, compensation for a low-or-no-show job, a luxury vehicle and other items of value," such as jewelry and exercise equipment. The other two, Fred Daibes and Wael Hana, have pleaded not guilty and will stand trial alongside Menendez. The indictment noted a search of Menendez's home in 2022 turned up "two one-kilogram gold bars and nine one-ounce gold bars that had serial numbers indicating they had previously been possessed" by Daibes. The federal criminal trial is the second Menendez has faced since he was elected to the Senate in 2006.
Persons: . Sen, Bob Menendez, he's, Nadine Menendez, Damian Williams, Jose Uribe, Fred Daibes, Wael Hana, Menendez, Daibes, Uribe, He's, Donald Trump Organizations: ., Senate Foreign Relations, Prosecutors, Southern, of New York, Government, Democratic, Senate, Democratic Party Locations: New Jersey, Qatar, Egypt, Hana, Cuba, Florida, Paris
Who Are Key Players in the Menendez Case?
  + stars: | 2024-05-11 | by ( Tracey Tully | Benjamin Weiser | ) www.nytimes.com   time to read: +7 min
Who Are Key Players in the Menendez Case? Mr. Menendez goes to trial on May 13 with two of the businessmen, Fred Daibes and Wael Hana. Fred Daibes New Jersey Real Estate Developer Mr. Daibes is accused of giving Mr. Menendez furniture, gold and cash. Nadine Menendez Mr. Menendez’s Wife Ms. Menendez served as a go-between for Mr. Menendez, Egyptian intelligence officials and men who were seeking political favors from the senator, according to the indictment. Defense LawyersAdam Fee Lawyer for Robert Menendez He previously spent five years as a prosecutor in the U.S. attorney’s office for the Southern District — the same office prosecuting Mr. Menendez.
Persons: Menendez, Robert Menendez, Nadine Menendez, Mr, Fred Daibes, Wael Hana, Menendez's, Daibes, Nadine Menendez Mr, Menendez’s, Ms, Jose Uribe, Uribe, Uribe's, Sidney H, Stein, Bill Clinton, Jennifer Shah, Hassan Nemazee, Damian Williams, Williams, President Biden, Sam Bankman, Fried, Juan Orlando Hernández, Christina Clark, Clark, Charles McGonigal, Catherine Ghosh, Eli Mark, Paul Monteleoni, Robert Hadden, Lara Pomerantz, Ghislaine Maxwell, Jeffrey Epstein, Norman Seabrook, Daniel Richenthal, Sheldon Silver, Michael Avenatti, Adam Fee, Fee, Avi Weitzman, Lawrence Lustberg Organizations: Democrat, Robert Menendez New Jersey, Senate Foreign Relations, Jersey Real, EG, Prosecutors, United, Jose Uribe Former New, Benz, U.S, Southern, of, Democratic, Attorney, Southern District of, ex, Public, New, New York City Housing Authority, Justice Department, Southern District’s, New York State Assembly, Nike . Defense, Southern District Locations: New Jersey, Manhattan, Jersey, Egypt, Qatar, United States, Jose Uribe Former New Jersey, of New York, Southern District, Southern District of New York, Russian, New York City, Brooklyn, Columbia, New York, U.S, California
FTX founder Sam Bankman-Fried, who was convicted on seven counts, gave an interview from prison to Puck. SBF told Puck he spends his days in a large dormitory room with 35 other men. He said he lives off beans and rice purchased from the commissary, and his rice is now prison currency. AdvertisementSam Bankman-Fried has a new currency to trade in prison at the Metropolitan Detention Center in Brooklyn. He told Puck that he has not been abused and does not "fear for his safety."
Persons: Sam Bankman, SBF, Puck, , Fried, William D, Cohan, Cromwell, Damian Williams, Crypto, FTX Organizations: Service, Metropolitan Detention, Alameda Research, Puck News, Bureau of Prisons, Business, Sullivan Locations: Puck, Brooklyn, Alameda
A federal jury in New York on Thursday convicted an investor of insider trading in the stock of a shell company ahead of its announcement in October 2021 that it would merge with Trump Media . Two co-defendants of Garelick, the brothers Michael and Gerald Shvartsman, pleaded guilty to insider trading charges on April 3. "Garelick's federal conviction is yet another stark reminder that insider trading is always a losing bet." DWAC and Trump Media completed their merger in late March. Trump Media hired a new auditor, Semple, Marchal & Cooper LLP last weekend to replace BF Borgers.
Persons: Bruce Garelick, Donald Trump, Stormy Daniels, Michael, Gerald Shvartsman, Garelick, Michael Shvartsman's, Damian Williams, Williams, DJT, Benjamin Borgers, Semple, Cooper Organizations: Manhattan Federal Court, Trump Media, Trump, Garelick, Rocket, Prosecutors, Acquisition Corporation, Trump Media & Technology Group, Manhattan U.S, Public, Securities and Exchange Commission, SEC, BF, CPA, Marchal Locations: Manhattan, New York City, New York, U.S
Investor found guilty in Trump Media insider trading case
  + stars: | 2024-05-09 | by ( Matt Egan | ) edition.cnn.com   time to read: +3 min
CNN —An investor in the shell company that merged with Trump Media was found guilty on Thursday of insider trading linked to that blockbuster deal, according to federal prosecutors. “Garelick’s federal conviction is yet another stark reminder that insider trading is always a losing bet.”Garelick was among three men who were arrested and charged last June in the insider trading case. The other two, Florida venture capitalist Michael Shvartsman and his brother Gerald Shvartsman, pleaded guilty last month to participating in the insider trading scheme. Prosecutors have not alleged that former President Donald Trump, the chairman and leading shareholder of Trump Media, had any involvement in the scheme. Beyond their own purchases, prosecutors say Garelick and his co-defendants tipped off friends and colleagues who also bought securities in Digital World before the Trump Media deal was announced publicly.
Persons: Bruce Garelick, Garelick, ” Damian Williams, , ” Garelick, Michael Shvartsman, Gerald Shvartsman, Donald Trump, Michael, rhough, Trump Organizations: CNN, Trump Media, Acquisition, Truth Social, Southern, of, Prosecutors, Digital, Nasdaq, rhough Trump Media Locations: of New York, Florida
CNN —The man who attacked three New York City police officers with a machete on New Year’s Eve in 2022 has been sentenced to 27 years in prison, federal prosecutors announced Thursday. “Inspired by radical Islamic extremism, Trevor Bickford brutally attacked three NYPD officers who were just doing their jobs by protecting the public during the Times Square New Year’s Eve festivities,” US Attorney Damian Williams said in a Thursday statement. He then swung the blade at a third officer, who shot him in the shoulder, according to police. Bickford later admitted he intended to kill as many military-aged, government-employed men as he could before himself becoming a martyr, CNN has previously reported. He had planned to travel overseas to support the Taliban but ultimately decided to turn his attention to an attack in the US, the release said.
Persons: Trevor Bickford, Damian Williams, ” “, ” Williams, Bickford, , Organizations: CNN, New York City, Times, New, Attorney’s, US Locations: New York City, Maine, New York,
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Using this status, they could access a special security lane at John F. Kennedy International Airport without undergoing typical passenger screening procedures. Advertisement"Flight attendants are ideal for smuggling bulk cash" for this reason, a Homeland Security Investigations special agent wrote in the indictments. Related storiesThe pair believed the money was the proceeds of narcotics trafficking and needed to be transported, according to the indictment. AdvertisementHe said the investigation "exposed critical vulnerabilities in the airline security industry" and has "illuminated methods that narcotics traffickers are utilizing."
Persons: , — Charlie Hernandez, Sarah Valerio Pujols, Emmanuel Torres, Jarol Fabio, John F, Damian Williams, Hernandez, Pujols, Torres, Fabio, HSI, Ivan J, Arvelo Organizations: Service, Business, US, Office, of, Transportation Security Administration, Kennedy, Homeland Security Investigations, Pujols, Customs, Border, JFK, Delta Airlines, NBC News, Delta Locations: New York, Dominican Republic, Southern, of New York
Harry is back in the UK for the 10th anniversary of his Invictus Games. Chris Jackson/Getty Images for The Invictus Games FoundationBuckingham Palace has not commented on the duke’s visit. The inaugural Invictus Games, an international sporting competition for wounded veterans and members of the military, was held in London in 2014. Following the Invictus celebrations in London, Harry and Meghan will head to Nigeria at the invitation of the Nigerian Defence Headquarters. The next Invictus Games will be held in Vancouver and Whistler in Canada in February 2025.
Persons: Duke, Sussex, King Charles III, Prince Harry, Harry, Chris Jackson, Meghan, Prince William, Duchess, Prince Archie, Charles, , Catherine , Princess of Wales, Damian Lewis Organizations: London CNN, Invictus, Invictus Games, Getty, Buckingham, CNN’s Royal, Nigerian Defence Headquarters Locations: United Kingdom, United States, London’s St, Paul’s, London, Nigeria, Vancouver, Whistler, Canada, Birmingham, Washington, DC
6:41 a.m.: Morgan Stanley raises Carvana price target Morgan Stanley likes what it sees from Carvana after its "operational turnaround." The bank reiterated an underweight rating on the used car retailer but raised its price target to $75 per share from $45. "Throughout 2023, CVNA transitioned from a distressed equity into an operational turnaround with a restructured interest burden," Morgan Stanley analyst Adam Jonas said. The firm downgraded the HVAC stock to neutral from buy and lowered its price target to $68 per share from $74. MU YTD mountain MU year to date — Brian Evans 5:45 a.m.: Morgan Stanley upgrades U.S. Steel There's a big buying opportunity in U.S. Steel after a recent pullback this year, according to Morgan Stanley.
Persons: Morgan Stanley, Baird, Morgan Stanley's, CVNA, Adam Jonas, — Brian Evans, Wells, Mike Mayo, Mayo, Brian Evans, Johnson, Damian Karas, " Karas, Tristan Gerra, Gerra, Carlos De Alba, Alba, De Alba, Fred Imbert Organizations: CNBC, U.S, Steel, Micron Technology, Wells Fargo, Citi, UBS, Johnson, JCI, Micron, MU, Nippon Steel, U.S . Steel, . Steel Locations: Carvana, Wells Fargo, Friday's, U.S
Fugitive Chinese billionaire Guo Wengui hold a news conference on November 20, 2018 in New York, on the death of of tycoon Wang Jian in France on July 3, 2018. The chief of staff to controversial exiled Chinese businessman Guo Wengui pleaded guilty in New York on Friday to a fraud conspiracy that swindled more than $1 billion from hundreds of thousands of victims around the world, prosecutors said. Yvette Wang's plea came weeks before the 53-year-old Guo is set to stand trial in Manhattan federal court for related charges. Wang was scheduled to stand trial with Guo in that case before her plea. She faces a maximum possible sentence of 10 years in prison for the charges of conspiracy to commit wire fraud, and conspiracy to commit money laundering.
Persons: Guo Wengui, Wang Jian, Yvette Wang's, Guo, Wang, Steve Bannon, Damian Williams Organizations: Trump White House, Manhattan U.S Locations: New York, France, Manhattan, United States
A woman in upstate New York was arrested on Wednesday and charged with fraudulently claiming to be a Purple Heart recipient, federal prosecutors said. The woman, Sharon Toney-Finch, 43, of Newburgh, N.Y., defrauded military charities and the Department of Veterans Affairs by lying about having received the Purple Heart, a military award given to those wounded or killed in action, Damian Williams, the U.S. attorney for the Southern District of New York, said in a statement. Ms. Toney-Finch claimed that she had survived a terrorist attack on her convoy in Iraq while serving a tour in March 2010, the statement said. She also claimed to have been wounded in a mortar attack the preceding February. In March 2016, Ms. Toney-Finch began collecting disability benefits from the department after lying about getting injured during her military service, federal prosecutors said.
Persons: Sharon Toney, Finch, Damian Williams, Ms, Toney Organizations: Department of Veterans Affairs, Southern, of Locations: New York, Newburgh, N.Y, U.S, of New York, Iraq
The date, Elon Musk says, was chosen partly because it is a "lucky number in China." AdvertisementTesla CEO Elon Musk might've been hoping for some much-needed good fortune when he picked the robotaxi's projected August 8 launch date. "I did partly pick it because 8/8 is a lucky number in China!" The date, Musk added, was also chosen because it is the birthday of his triplets. Musk fathered the triplets — Kai, Saxon, and Damian — with his first wife, Justine Musk.
Persons: Tesla, Elon Musk, , Elon Musk might've, Michel de Guilhermier, Musk, — Kai, Damian —, Justine Musk Organizations: Service Locations: China
It was ’90s basketball at its best.”The Mavericks were led by 32 points from Luka Dončić, who added yet another playoff win against the Clippers to his résumé, along with six rebounds and nine assists. The Clippers closed the gap again, but Dončić hit a clutch, step-back three-pointer over James Harden with 1:26 left in the game to extend Dallas’ lead to 90-81. The heat of the moment caused Dončić to turn to the Clippers crowd and roar in triumph. Keith Birmingham/MediaNews Group/Pasadena Star-News/Getty Images“Just staying poised and understanding that mistakes are going to happen, and it’s a playoff game,” he told the Mavs broadcast. Pacers level series against Bucks, Timberwolves extend lead over the SunsElsewhere, the Indiana Pacers leveled their first-round playoff series against the Milwaukee Bucks with an impressive 125-108 Game 2 road victory.
Persons: Jason Kidd, , ” Kidd, Luka Dončić, , Irving, Dončić, James Harden, ” Dončić, ” Irving, Kyrie Irving, Keith Birmingham, , “ It’s, we’ve, Harden, Paul George, Kawhi Leonard, ” Leonard, Pascal Siakam, Giannis Antetokounmpo, Damian Lillard, Jaden McDaniels, McDaniels –, Anthony Edwards, Devin Booker, Kevin Durant Organizations: CNN, The Dallas Mavericks, Los Angeles Clippers, Dallas, Mavericks, Luka, Clippers, MediaNews, Pasadena Star, Teams, ESPN, , Pacers, Bucks, Timberwolves, Suns, Indiana Pacers, Milwaukee Bucks, Minnesota Timberwolves, Phoenix Suns Locations: Dallas
CNN —US prosecutors on Tuesday announced charges against four Iranian men for a sprawling hacking campaign that targeted US federal agencies and sensitive data held by American defense contractors. It was not immediately clear whether the departments of State or Treasury networks were successfully hacked in the campaign. In the indictment unsealed Tuesday, Hossein Harooni, Reza Kazemifar, Alireza Shafie Nasab and Komeil Baradaran Salmani were charged with wire and computer fraud, among other charges. Nasab had been charged in a previous indictment unsealed in the Southern District of New York in February. Prosecutors accused three of the men of working for a front company in Iran that purported to offer cybersecurity services.
Persons: ” Damian Williams, Hacking, Christopher Wray, Hossein Harooni, Reza Kazemifar, Shafie, Baradaran Salmani, Nasab, General Merrick Garland Organizations: CNN, US State, Treasury, Pentagon, of, Southern, State, Boston Children’s Hospital, Justice Department, Prosecutors, Treasury Department, Islamic Revolutionary Guard Corps, State Department, Iranian, United Nations Locations: Southern, of New York, US, Iran, Boston, Tehran
CNN —The director of an Ecuadorian prison known as “El Rodeo” was killed Sunday in an attack that came as millions of people in the country headed to the polls for a referendum focused largely on President Daniel Noboa’s war on crime. Ecuador Prosecutor’s Office reported that another person was injured in the attack and that officers on the scene have started an investigation. Parrales was killed the same day that Ecuadorians were called to the polls for a referendum dominated by security issues that could bolster President Daniel Noboa’s agenda to fight crime. Noboa hopes those measures will help him rein in burgeoning levels of organized crime linked to drug cartels. Ecuador was once known as an “island of peace,” nestled between the world’s two largest cocaine producers, Peru and Colombia.
Persons: , Daniel Noboa’s, Cosme Damián Parrales Merchán, SNAI, Parrales, CNNE, Noboa, Adolfo Macias Organizations: CNN, SNAI, Ecuador Prosecutor’s, Social Rehabilitation, Ecuadorian National Police Locations: Ecuador, Ecuadorians, , Peru, Colombia, United States, Europe, Mexico, Guayaquil
Damian Williams, U.S. Attorney for the Southern District of New York, speaks during a press conference in New York City, Sept. 22, 2023. A New York tax preparer was arrested Monday on charges related to causing "substantially" more than $100 million in tax losses through the filing of false returns — one of the largest tax frauds ever by a preparer, federal prosecutors said. The false information allegedly included bogus itemized deductions, fake capital losses, and phony business expenses and tax credits. ATAX New York grossed more than $15 million from 2016 through 2019, according to Thomas Fattorusso, the IRS special agent in charge of criminal investigations. Alvarez was the CEO, owner and manager of ATAX from 2010 through 2020, and the firm during that time prepared more than 90,000 income tax returns, according to prosecutors.
Persons: Damian Williams, preparer, Rafael Alvarez, Alvarez, Thomas Fattorusso, ATAX Organizations: Attorney, Southern, of, New, Manhattan U.S, ATAX New, IRS, Attorney's Locations: U.S, of New York, New York City, New York, York, Manhattan, ATAX, ATAX New York, United States, disgorgement
CNN —Qatar Airways has avoided a lawsuit over an incident in which a number of female passengers were forced to undergo invasive medical examinations, after an Australian federal court dismissed the case Wednesday. On October 2, 2020, 13 Australian women were transiting through Doha airport in Qatar on their way to Sydney when they were taken off their Qatar Airways plane by members of the Qatari security services and subjected to physical examinations in ambulances on the airport tarmac. CNN has contacted Qatar Airways for comment. However, the judge also ruled that the women could file a revised complaint against MATAR, the Qatar Airways subsidiary. “The decision to allow QATAR Airways and the Civil Aviation Authority out of the proceedings is being carefully reviewed and if there is a proper basis an appeal will be quickly filed,” Sturzaker said in a statement.
Persons: John Halley of, , Halley, MATAR, Damian Sturzaker, ” Sturzaker, ” Halley, Scott Morrison Organizations: CNN — Qatar Airways, Qatar Airways, Qatar Ministry of Interior, CNN, Qatar Civil Aviation Authority, Federal Court, MOI, Sydney, Marque Lawyers, QATAR Airways, Civil Aviation Authority Locations: Doha, Qatar, Sydney, MOI, Sydney , New South Wales, State, Australia
During the team’s 104-91 defeat to the Milwaukee Bucks on Tuesday, the Celtics became the first team in NBA history to shoot zero free throws in a game. To make matters even more bizarre, the Bucks only shot two, meaning the two teams set a new record for the fewest total free throws shot during an NBA game. The Bucks also committed just four fouls all game, the fewest in NBA history. I didn’t look at the minutes and then I said: ‘Wow, two free throws for a basketball game. Tonight, I hardly remember any whistles.”It was a huge win for a Bucks team that had been on a four-game losing streak and had won just once in its previous seven games.
Persons: Adam Silver’s, Doc Rivers, , James Harden, Trae Young, Luka Dončić, Damian Lillard, I’ve, there’s, they’re, Antetokounmpo, Stacy Revere, hadn’t, You’ve, Giannis Antetokounmpo, Rivers, “ He’s Giannis, ” Rivers, We’re, Organizations: CNN, Boston Celtics, Milwaukee Bucks, Celtics, Bucks, NBA, ESPN, , Memphis Grizzlies, Atlanta Hawks, Indiana Pacers, Orlando Magic, Getty Locations: Bucks
“This was a military attack that involved multiple strikes and targeted three WCK vehicles. All three vehicles were carrying civilians; they were marked as WCK vehicles; and their movements were in full compliance with Israeli authorities, who were aware of their itinerary, route, and humanitarian mission,” it added. In a Reuters interview, the celebrity chef Jose Andres – who founded WCK in 2010 – accused Israel of “systematically” targeting the seven WCK aid workers. Seven aid workers were killed in the attack; (from top left) Saifeddin Issam Ayad Abutaha, Laizawmi "Zomi" Frankcom, Damian Soból, Jacob Flinkinger, John Chapman, James "Jim" Henderson and James Kirby. Hundreds of humanitarian workers have been killed during Israel’s war with Gaza – alongside more than 33,000 Palestinians, according to latest figures from the health ministry in the enclave.
Persons: , WCK, “ Israel, , Jose Andres –, , Israel, ” Andres, ” WCK, Herzi Halevi, ” Halevi, Frankcom, Damian Soból, Jacob Flinkinger, John Chapman, James, Jim, Henderson, James Kirby, Anthony Albanese, , Joe Biden, Netanyahu, Biden, Al Organizations: CNN, World, Canadian, Hamas, WCK, Reuters, Israel Defense Forces, Gaza Locations: Israel, Gaza, , Palestinian, Australian, United States, Al Rashid, Cypriot
During a 30-minute call with Prime Minister Benjamin Netanyahu of Israel, President Biden went further than ever in pressing for change in the military operation. Credit... Fatima Shbair/Associated PressBy the middle of the night in Jerusalem, Israel made its first gestures to Mr. Biden. The reported agreement came as American officials held out the prospect of consequences if Mr. Netanyahu resisted. But Mr. Kirby would not outline specific metrics for judging Israel’s response or what Mr. Biden would do if not satisfied. Mr. Biden called himself “outraged and heartbroken” over the incident and made a point of calling Mr. Andrés to express his condolences.
Persons: Benjamin Netanyahu, Israel, President Biden, Biden, Biden’s, , Netanyahu, , Fatima Shbair, Mr, Antony J, Blinken, ” Mr, Chris Coons, Coons, Kamala Harris, Jake Sullivan, Biden “, William J, Burns, Mohammed Saber, John F, Kirby, emboldening, John Hannah, José Andrés, Andrés, Zomi Frankcom, Damian Soból, Barack Obama, Bibi, ” Ben Rhodes, Obama, ” Jon Favreau, doesn’t, , , aggravation, Jill Biden, Joe, ” Julian E, Barnes, Katie Rogers, David E, Sanger, Lara Jakes Organizations: Israel, Hamas, Credit, Associated, U.S . National Security Council, NATO, Democratic, CNN, Republican, American Israel Public Affairs Committee, Iran, Central Kitchen, Shutterstock, Jewish Institute for National Security of America, Biden, Mr, Israel Defense Forces, White Locations: Gaza, Israel, Rafah, Jerusalem, Ashdod, Jordan, Brussels, Michigan, Washington, Delaware, Iran, Syria, United States, Cairo, “ Hamas, Haiti, Cyprus, U.S,
During a 30-minute call with Prime Minister Benjamin Netanyahu of Israel, President Biden went further than ever in pressing for change in the military operation. “President Biden emphasized that the strikes on humanitarian workers and the overall humanitarian situation are unacceptable,” according to a White House summary of the call. But Mr. Kirby would not outline specific metrics for judging Israel’s response or what Mr. Biden would do if not satisfied. Mr. Biden called himself “outraged and heartbroken” over the incident and made a point of calling Mr. Andrés to express his condolences. Bibi obviously doesn’t care what the U.S. says, its about what the U.S. does.”Jon Favreau, a former chief speechwriter for Mr. Obama, was even more derisive of Mr. Biden.
Persons: Benjamin Netanyahu, Israel, President Biden, Biden, , Netanyahu, , Fatima Shbair, Antony J, Blinken, ” Mr, Biden’s, Chris Coons, Mr, Coons, Kamala Harris, Jake Sullivan, Biden “, Mohammed Saber, John F, Kirby, emboldening, John Hannah, José Andrés, Andrés, Zomi Frankcom, Damian Soból, Barack Obama, Bibi, ” Ben Rhodes, Obama, ” Jon Favreau, doesn’t, , , aggravation, Jill Biden, Joe, Katie Rogers, David E, Sanger, Lara Jakes Organizations: Israel, Hamas, Credit, Associated, NATO, Democratic, CNN, Republican, American Israel Public Affairs Committee, Iran, Central Kitchen, Shutterstock, Jewish Institute for National Security of America, Biden, Mr, Israel Defense Forces, White Locations: Gaza, Israel, Rafah, Brussels, Michigan, Washington, Delaware, Jerusalem, Iran, Syria, United States, “ Hamas, Haiti, Cyprus, U.S,
3 things rattling markets this week
  + stars: | 2024-04-04 | by ( Krystal Hur | ) edition.cnn.com   time to read: +7 min
The S&P 500 tumbled the first two trading days of the new quarter and is down 0.8% for the week after paring back some of its losses on Wednesday. Some Fed officials revealed at the central bank’s policy meeting last month that they see fewer rate cuts than the three they forecast last December for 2024. Traders see a 63% expectation that the Fed cuts rates in June, a drop from more than 70% a week earlier, according to the CME FedWatch Tool. “With Middle East tensions on the rise, OPEC+ supply side measures have pushed crude oil volatility down,” BofA strategists wrote in a Wednesday report. “Adding to a complex backdrop, we now estimate that improving economic growth expectations have helped push global oil markets into a deficit.”The price of gold has also climbed this week.
Persons: New York CNN — Stocks, , , Brent Schutte, Jerome Powell, , Loretta Mester, Raphael Bostic, Brent, Michael Shvartsman, Gerald Shvartsman, Donald Trump’s, Matt Egan, “ Michael, ” Damian Williams, Bruce Garelick, ” Williams, ” Read, Joe Biden, Sean Lyngaas, China Nicholas Burns, Antony Blinken, Read Organizations: CNN Business, Bell, New York CNN —, Treasury, FactSet, Northwestern Mutual Wealth Management, Hawkish, San Francisco Fed, Stanford University, Wednesday, • Cleveland Fed, Atlanta Fed, CNBC, Traders, Organization of, Petroleum, West Texas, Brent, Bank of America, Trump Media, Trump Media & Technology Group, DWAC, Southern, of, Acquisition Corporation, , Microsoft, US, Department of Homeland Security, CNN Locations: New York, OPEC, Florida, of New York, Washington, China
A car used by World Central Kitchen that was hit by a strike in Deir al Balah in the central Gaza Strip. The Israeli military had been informed of the aid workers’ movements, the charity said. The World Central Kitchen logo could be seen on items inside the charred interiors of the northernmost and southernmost cars. Mr. Abutaha and other World Central Kitchen workers were thrilled to have the opportunity to unload the desperately needed food aid. The World Central Kitchen aid ship is headed back to Cyprus.
Persons: Deir al Balah, José Andrés, Benjamin Netanyahu, Israel, , Erin Gore, Anthony Albanese, Zomi, Penny Wong, Damian Sobol, Wojciech Bakun, Zomi Frankcom, Associated Press David Cameron, John Chapman, James Henderson, James Kirby, Chapman, Henderson, Jacob Flickinger, Saif Abutaha, Abutaha, Shadi, , Cameron, Israel “, Jamie McGoldrick, Haitham Imad, Mr, Netanyahu, ” Mr, Herzi Halevi, Daniel Hagari, Jennifer, Theodoros Gotsis, Gotsis, Patrick Kingsley, Rawan Sheikh Ahmad, Gabby Sobelman, Matina, Lauren Leatherby, Nader Ibrahim, Kim Severson Organizations: Central Kitchen, The New York Times, , ., Free Place Foundation, Associated Press, BBC, James Kirby . Local, Royal Marines, Palestine Red Crescent Society, Central, West Bank, Najjar, United Nations, Agence France, Cypriot Locations: Deir al, Gaza, Spanish, Deir al Balah, Al, Rashid, Palestinian, United States, Canada, Australia, Britain, Poland, Australian, Polish, Przemysl, British, James Kirby . Local British, Palestine, Egypt, Israel, Rafah, Cyprus, Cypriot, Larnaca
CNN —The non-profit World Central Kitchen (WCK) has named its seven aid workers who were killed in an Israeli military strike in Gaza on Monday, praising their “beautiful souls,” as international condemnation over the incident grows. From World Central KitchenJohn Chapman, James Henderson and James KirbyThe three Brits killed were John Chapman, 57, James “Jim” Henderson, 33, and 47-year-old James Kirby. From World Central KitchenLalzawmi “Zomi” FrankcomAustralian Prime Minister Anthony Albanese praised Lalzawmi “Zomi” Frankcom, citing her previous humanitarian efforts. From World Central KitchenWhat is the World Central Kitchen? In a Reuters interview, Andres accused Israel of “systematically” targeting the seven WCK aid workers.
Persons: Erin Gore, WCK, Frankcom, Damian Soból, Jacob Flinkinger, John Chapman, James, Jim, Henderson, James Kirby, James Henderson, James “ Jim ” Henderson, Kirby, Adam McGuire, Benjamin Netanyahu’s, Chapman, , , Abutaha, Ahmad Al, Seif, Jacob Flickinger Jacob Flickinger, Samantha Power, Flickinger, Joe Biden, Biden, Damian Sobol, Wojciech Bakun, Donald Tusk, Netanyahu, Sobol, Anthony Albanese, Lalzawmi, ” Albanese, José Andrés, Andrés, Andres, Israel, ” Andres Organizations: CNN, Canada, Israel Defense Forces, IDF, Sky News, Media, WCK, Facebook, United Arab, Canadian, Central, Poland’s, Israel, Hamas, Reuters, NGO Locations: Gaza, Australian, British, Afghanistan, Bosnia, Palestinian, Ajman, United Arab Emirates, Dubai, US, Israel, United States, Canada, Przemysl, Poland, Przemyśl, Australia, Asia, warzones, Haiti, Cairo, Egypt, UN, Cyprus
Opinion | José Andrés: Let People Eat
  + stars: | 2024-04-03 | by ( José Andrés | ) www.nytimes.com   time to read: 1 min
In the worst conditions you can imagine — after hurricanes, earthquakes, bombs and gunfire — the best of humanity shows up. The seven people killed on a World Central Kitchen mission in Gaza on Monday were the best of humanity. They are not generic aid workers or collateral damage in war. Saifeddin Issam Ayad Abutaha, John Chapman, Jacob Flickinger, Zomi Frankcom, James Henderson, James Kirby and Damian Sobol risked everything for the most fundamentally human activity: to share our food with others. These are people I served alongside in Ukraine, Turkey, Morocco, the Bahamas, Indonesia, Mexico, Gaza and Israel.
Persons: Saifeddin, Abutaha, John Chapman, Jacob Flickinger, Zomi Frankcom, James Henderson, James Kirby, Damian Sobol Locations: Gaza, Ukraine, Turkey, Morocco, Bahamas, Indonesia, Mexico, Israel
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