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India’s half-hour zone dates back to colonial rule of India and the era when ever-faster steamships and trains were shrinking the world. The start of the 20th century saw some push from scientific associations to calibrate India’s time to GMT. That recommendation was rejected by the colonial government, which opted for a unified time that sat squarely in the middle: five and a half hours ahead of GMT. In 2015, North Korea moved out of sync with South Korea by creating “Pyongyang Time,” putting the country eight and a half hours ahead of GMT instead of nine. India’s colonial-era time zone decision making, however, reflected a chorus of political, scientific and commercial voices both from within the government and outside of it, Gordon says.
Persons: Hulton, , Geoff Gordon, Gordon, , it’s, Wong Maye, Hugo Chávez, Nicolas Maduro, Terry Gilliam, Rube Goldberg, Maulik Jagnani, Jagnani Organizations: CNN, East India Company, Hulton Deutsch, University of Amsterdam, Madras, Washington D.C, Greenwich Meridian, Greenwich Observatory, Meridian, Royal Society, Prime Meridian, Physical Laboratory, Tufts University, NPL Locations: New York, London, Tokyo, Iran, Myanmar, Australia, India, British, Madras, Chennai, , Bombay, Kolkata, Washington, London ., Greenwich, North Korea, South Korea, Korea, Pyongyang, Brazil, , Greenwich , London, China, Assam, Arunachal Pradesh, Gujarat
Strong demand and tight supply continue to push home values higher, even though mortgage rates are now moving higher again. "For the third consecutive month, all cities reported increases in annual prices, with four currently at all-time highs: San Diego, Los Angeles, Washington, D.C., and New York." The second decline followed the peak in average mortgage rates last October," he added. This index records prices on a three-month moving average, so they go back as far as December, when mortgage rates hit their recent lows. Since that time, however, mortgage rates have jumped nearly a full percentage point.
Persons: Brian Luke, Dow, Luke Organizations: Dow Jones, D.C, Federal Reserve Locations: U.S, Diego , Los Angeles , Washington, New York, San Diego, Chicago, Detroit, Portland , Oregon, Boston , New York, Washington
AdvertisementThis as-told-to essay is based on a conversation with Sam Mangel, a federal prison consultant with his own firm. Mangel went into the field after pleading guilty to wire fraud in an insurance fraud scheme and being sentenced to time in prison. That's when I realized that to a criminal defense attorney, you're just a number. I ask myself how can I help clients in a non-legal manner get the best outcome at sentencing? Because I got to tell you, you're in prison, you're going to get three meals a day, you're going to get your clothes cleaned, you're going to have a place to sleep.
Persons: Sam Mangel, Mangel, , hadn't, COVID, it's, They've, they're Organizations: Service, FBI Locations: Florida, Philadelphia
Washington CNN —Sales of newly built single-family homes in the United States soared in March despite mortgage rates remaining elevated that month. Housing market poised to remain difficultThe broader US housing market is expected to remain tough for Americans, with mortgage rates poised to stay well above 6% this year, economists say. The Federal Reserve doesn’t directly set mortgage rates, but its actions do influence them, and the central bank isn’t expected to cut interest rates anytime soon. “Despite high prices and mortgage rates, homebuyers have limited options on the resale market, although resale inventories have improved some over the course of this year,” Gregg Logan, managing director at RCLCO Real Estate Consulting, said in a note Tuesday. “The willingness of the major homebuilders to utilize incentives such as price reductions, mortgage rate buy-downs and paying buyers closings costs continue to support a healthy pace of new home sales,” he added.
Persons: ” Gregg Logan, Organizations: Washington CNN —, National Association of Realtors, Housing, Federal Reserve, Fed, Real Estate Consulting Locations: United States, Northeast
The intelligence chief of Israel's Defense Forces has resigned citing failures linked to the Hamas terror attack carried out on Oct. 7, during which 1,200 people died in Israel and more than 200 were taken hostage. "On Saturday, October 7, 2023, Hamas carried out a murderous surprise attack against the State of Israel, whose consequences are severe and painful. Haliva had previously assumed responsibility for failure to prevent the devastating attack, amid mounting domestic criticism and demands for accountability from Israel's highest echelons. "The reports regarding sanctions against the Netzah Yehuda Battalion are not currently known to the IDF. Should such a decision be made on the matter, its consequences will be reviewed," the Israeli military added.
Persons: Aharon Haliva, Haliva, Benjamin Netanyahu, Haliva's, Netanyahu, Axios, Netzah Yehuda, Yehuda, Yoav Gallant, Antony Blinken Organizations: Israel's Defense Forces, State, IDF, Israeli, Reuters, Times, Hamas, West Bank, CNBC, Netzah, Israel Defense Forces, U.S Locations: Israel, Times of Israel, Gaza, U.S, Iran
Their friendship was tested in 2017 when then President Trump supported a blockade of Qatar led by Saudi Arabia and the United Arab Emirates. Before the Oct. 7 attack, the Saudis were in serious talks, led by the United States, to recognize Israel. 8 of 12 Israel has a major incentive to strengthen relations with Saudi Arabia. Saudi Arabia, for its part, would benefit from direct access to the Israeli military and technology sector. In March 2023, China brokered a breakthrough, re-establishing ties between two of the region’s heavyweights, Iran and Saudi Arabia.
Persons: Benjamin Netanyahu, brandished, Jake Sullivan, , frenemies, Israel, Netanyahu’s, Trump, Biden, Saudi Crown Prince Mohammed bin, Prince Mohammed, Bashar al, Assad, Saddam Hussein, Jordan —, hesitantly, Abraham Organizations: of Friends, General Assembly, U.S, America, Hamas, United, United Arab Emirates, Saudi Crown, Arab League, Saudi Arabia, Red Sea, Iranian, Abraham Accords, United Arab, Palestine Liberation Organization, West Bank, Palestinian Authority, The, Trump, Biden, Israel Defense Forces, United Nations, New York, Facebook Locations: India, Persian, Israel, Europe, Iran, United States, U.S, East, China, Russia, Ukraine, Syria, Yemen, Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Sudan Oman, Israel Yemen Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Arabian, Sudan, Sea Oman, Israel Yemen Ethiopia Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Arabian, Sudan Oman, Israel Yemen Ethiopia, Gaza, Qatar, Saudi Arabia, United Arab, Saudi, Tehran, Iraq, Assad, Lebanon, Lebanese, Egypt, Jordan, Bahrain, United Arab Emirates, Morocco, Fatah, Israeli, Turkey, America
Sales fell across the country except in the Northeast region, which saw an increase for the first time since November 2023. Rising home prices coupled with mortgage rates stuck at elevated levels means Americans are still dealing with a tough housing market. Sales might not rise meaningfully higher as the Federal Reserve signals that it won’t cut interest rates anytime soon. Then mortgage rates began to decline on hopes that the Fed would cut interest rates aggressively in 2024, but those expectations have been thrown out the window. Mortgage rates have held steady in recent weeks but are poised to rise because they track bond yields, which are climbing on persistently high inflation readings.
Persons: , Lawrence Yun, haven’t, trickling, Yun, ” Yun, hasn’t Organizations: Washington CNN —, National Association of Realtors, Federal Reserve, NAR Locations: United States, Northeast
A Monday meeting of Israel's five-person war cabinet, headed by Prime Minister Benjamin Netanyahu, concluded without comment on whether the Jewish state will honor its pledge to "exact a price" from Tehran or concede to calls for a measured response from international leaders. The prolonged deliberation came after the Israeli military said that Iran on Saturday fired more than 300 drones and missiles at its soil. It claimed that it and international allies eliminated 99% of these attacks as part of its now-dubbed "Iron Shield" operation. The Israeli war cabinet is set to meet again on Tuesday, according to Reuters. Concerns are mounting that the conflict — rooted in the Oct. 7 terror attack undertaken by Palestinian militant group Hamas and Israel's retaliatory war campaign in the Gaza Strip — will seep into the broader Middle East region.
Persons: Benjamin Netanyahu, Jordan, , Bashar Assad's Organizations: Saturday, Reuters, CNBC, Washington, NBC, Palestinian, Hamas, Yemeni Locations: Israel, Iran, Tehran, U.S, France, Iranian, Damascus, Syria, Gaza
Oil prices rose in early Asian trade on Thursday on concerns of lower supply as major producers are keeping output cuts in place and on signs of stronger economic growth in the U.S., the world's biggest oil consumer. Brent futures for June rose 15 cents, or 0.2%, to settle at $89.51 a barrel at 0037 GMT. U.S. West Texas Intermediate (WTI) futures for May rose 15 cents, or 0.2%, to $85.59 a barrel. The comments were positive for oil because they indicated solid U.S. economic growth, said Rob Haworth, senior investment strategist for U.S. Bank's asset management group. In the Middle East, Iran has vowed revenge against Israel for an attack on Monday that killed high-ranking Iranian military personnel.
Persons: Brent, Jerome Powell, Rob Haworth, Israel Organizations: . West Texas, Oil, Organization of Petroleum, oversupply Locations: Los Angeles , California, U.S, Israel, Gaza, Iran, Russia, East
Its data is used in everything from hurricane forecasting and fisheries to Coast Guard search and rescue – IOOS data can help the Coast Guard narrow down a search area by two-thirds. Despite President Joe Biden’s ambitious climate goals, his recent budget proposal would slash the program’s funding from $42.5 million to $10 million. Ocean data collection is “the only way we can really understand what is happening,” said Kristen Yarincik, executive director of the IOOS Association, the nonprofit that works with NOAA collecting data. IOOS has added 97 water level stations along the coasts of the Carolinas, Georgia and Florida in the last few years. “At least half of the water level sensor network would be compromised with this funding cut.”
Persons: , Joe Biden’s, Trump, , Gerhard Kuska, ” Kuska, Scott Smullen, Kristen Yarincik, ” Yarincik, , Ellen Prager, IOOS, “ We’re, Debra Hernandez, Hernandez, ” Hernandez Organizations: CNN, Oceanic, Atmospheric Administration, Coast Guard, White, Office of Management, NOAA, IOOS Association Locations: megastorms, Carolinas, Georgia, Florida
5 seed San Diego State held off 12th-seeded UAB 69-65 on Friday in the first round of the NCAA Tournament. Quiet for most of the second half, LeDee scored on three straight possessions for the Aztecs (25-10) after UAB took a 56-53 lead. 13 seed Yale in the second round on Sunday. The Blazers' leading scorer, Yaxel Lendeborg, got into early foul trouble trying to defend LeDee and finished with 11 points. 13 seed Furman in the second round after knocking off 12th-seeded Charlotte.
Persons: Lamont Butler, LeDee, Butler, UAB’s Efrem Johnson, Reese Waters, Johnson, Yaxel Lendeborg, Eric Gaines, Charlotte, ___ Organizations: San Diego State, UAB, NCAA, Aztecs, SDSU, San, Auburn, Yale, Blazers, LeDee, American Athletic Conference, Furman Locations: SPOKANE, San, East Region, San Diego State, Houston
Colin Yong, who works in the food and beverage industry, lives in a cozy, five-room public housing apartment in Singapore with his wife. But she wasn't always keen on it because she preferred a new house," Yong said. But my wife wanted more shelving and everything, so we learned to meet in the middle." Amanda Goh/Business InsiderWarm, dim lights create a soothing atmosphere that puts people at ease. Amanda Goh/Business InsiderNot settling for lessThe couple has one tip for other first-time homeowners: Don't settle for less.
Persons: Colin Yong, , It's, homeownership, Yong, they're, Eddy Kur, Amanda Goh, I've, wasn't Organizations: Service, Housing, Development Board, BTO, Amazon Locations: Singapore, Hougang, Amazon Germany
New York CNN —Starbucks’ Middle East franchisee, Alshaya Group, is cutting thousands of jobs at its coffee shops because of a “challenging” work environment as the chain grapples with boycotts over the brand relating to Israel’s war against Hamas in Gaza. Kuwait-based Alshaya has owned rights to operate Starbucks in the Middle East for more than 25 years and operates around 1,300 locations across the region, employing about 11,000 people. Starbucks’ most recent earnings report missed expectations, partially because of weaker sales in the region. Starbucks isn’t alone: McDonald’s said last month that it’s experiencing “meaningful business impact” in the Middle East because of the war. Brands, which owns KFC and Pizza Hut, said its chains’ “sales were impacted by the conflict in the Middle East region with varying degrees of impact,” which dented same-store sales growth in several countries.
Persons: Alshaya, , , McDonald’s Organizations: New, New York CNN, Starbucks, East, Alshaya, CNN, Reuters, Alshaya Group, Brands Locations: New York, Gaza, East, Northern Africa, Kuwait, Western
New Delhi/Hong Kong CNN —Taiwan has swung into damage control mode after its labor minister made controversial comments about the skin color, religion and diets of some Indians ahead of a potential drive to recruit migrant workers to the island. In a separate apology, Taiwan’s labor ministry said Hsu implied “absolutely no discriminatory connotation when she mentioned ‘similar skin color’ in the interview. CNN has reached out to India’s Ministry of External Affairs for comments. In February, Taiwan said it will hire migrant workers from India to ease its labor shortage, but did not share any other details. Taipei currently allows migrant workers from Thailand, Vietnam, Indonesia and Philippines to work in the island, according to the labor ministry.
Persons: Hsu Ming, chun, , ” Hsu, Hsu, Hsu’s, Taiwan’s Foxconn, ” Young Liu, ” Liu, Padma Bhushan Organizations: Hong Kong CNN, Taiwan, Yahoo, Labor, CNN, India’s Ministry, Affairs, Padma, Bloomberg Locations: New Delhi, Hong Kong, Taiwan, India’s, India, China, Bangladesh, Myanmar, Covid, “ India, Japan, South Korea, Taipei, Thailand, Vietnam, Indonesia, Philippines
The USS Dwight D. Eisenhower is the flagship of the strike group handling the US Navy response to the Houthis. AdvertisementThe Wi-Fi aboard the aircraft carrier USS Dwight D. Eisenhower isn't exactly the best, but for Capt. AdvertisementThe efforts to keep morale up come as the Dwight D. Eisenhower carrier strike group confronts a variety of threats, including some no one has ever faced in combat before, in a kinetic weapons-engagement environment. Captaining a flagship carrier in this situation is no easy task, but Hill has a lot of Navy experience to lean on. Among other things, he has served as the executive and commanding officer of an airborne command & control squadron, a TOPGUN instructor, the executive officer of the aircraft carrier George H.W.
Persons: Dwight D, Eisenhower, Chris Hill, , Hill, Ike, George H.W, George H.W . Bush, Joe Boggio, We’ve, , San, John Bellino Hill Organizations: Service, Tuesday, Business, Navy, US European Command, US Navy, US, Eisenhower, Taco, Legion, Islamic Locations: Red, Iran, Yemen, Massachusetts, Suez, East, George H.W ., Gulf of Aden, @ChowdahHill, San Antonio, Arlington, Afghanistan, Islamic State
CNN —Winter has gone missing across the Midwest and Great Lakes, and time is running out to find it. Dozens of cities are on track for one of the warmest winters on record, making snow and ice rare commodities. A classic El Niño pattern coupled with the effects of a warming climate are to blame for this “non-winter” winter, said Pete Boulay, a climatologist with the Minnesota Department of Natural Resources. Missing snowfall is even more pronounced in areas surrounding the Great Lakes, especially those that are typically buried by lake-effect snow. The lackluster ice coverage is part of a larger troubling trend across the Great Lakes.
Persons: Pete Boulay, we’ve, ” Boulay, “ I’ve, Boulay, ” Melissa Widhalm Organizations: CNN, Minnesota Department of Natural Resources, Regional Climate Center, Paul International, Nashville, Twin Cities, Purdue University, NOAA, Climate Central, Climate Locations: Midwest, Great Lakes, Minnesota, Wisconsin, Minneapolis, St, Erie , Pennsylvania, Great, Climate Central
New York CNN —Unilever is the latest company to report a rough fourth quarter because of boycotts against the company over the war in the Middle East. The company, which makes Vaseline, Dove soaps, Rexona deodorant and other household staples, said that sales declined 15% in Indonesia in the last three months of last year. “In Indonesia, we saw double-digit sales decline in the fourth quarter as sales of several multinational companies were impacted by geopolitically focused consumer-facing campaigns,” said Unilever CEO Hein Schumacher in a call Thursday. Other companies made similar statements recently about boycotts in overseas countries. Brands, which owns KFC and Pizza Hut, said its chains’ “sales were impacted by the conflict in the Middle East region with varying degrees of impact,” which dented same-store sales growth in several countries.
Persons: deodorant, , Hein Schumacher, McDonald’s Organizations: New, New York CNN, Unilever, Consumers, Brands Locations: New York, Indonesia, Western, Gaza,
Read previewIt's a long way to go from Texas to the airspace above Iraq and back to base, but it's a mission the B-1B Lancer can handle. AdvertisementA B-1B Lancer from Ellsworth Air Force Base, South Dakota, taxis down the runway before takeoff at Dyess Air Force Base, Texas, Feb. 1, 2024. US Air Force photo by Senior Airman Leon RedfernThe bombers took off from Dyess and flew nonstop to the Middle East. B-1B Lancers from Dyess and Ellsworth Air Force Base, South Dakota, sit on the flightline at Dyess Air Force Base, Texas, Feb. 1, 2024. An Airman from the 7th Munitions Conventional Maintenance shop prepares Joint Direct Attack Munitions at Dyess Air Force Base, Texas, Jan. 31, 2024.
Persons: , 1Bs, I'm, Mark Gunzinger, Leon Redfern, Douglas Sims, There's, Gunzinger, it'll Organizations: Service, US Central Command, Business, Ellsworth Air Force Base, Dyess Air Force Base, US Air Force, Senior, Joint Staff, Pentagon, Armaments, Attack Munitions, Joint, Mitchell Institute for Aerospace Studies, 7th Munitions, Munitions, Leon Redfern Targets, Texas Locations: Texas, Iraq, South Dakota, Dyess, Iran, Syria, Jordan, Gen, East, United States
Camila Lange, who is 7-months-pregnant, on Monday sat with her husband and dog in what used to be their home in Vina del Mar, Chile. Hundreds of homes in the central coastal area of the South American nation have been destroyed in fires that have killed at least 112 people. Weather and climate extremes — wildfire, drought and flooding — are taking a toll around the world. — In Chile, firefighters are battling huge forest fires stoked by hot and dry conditions. Up to 9 inches (23 centimeters) of rain had already fallen by Monday, with more expected, according to the National Weather Service.
Persons: Camila Lange, ___, , Pere Aragonès Organizations: Vina del Mar, National Weather Service, San Francisco Bay Area, AP Locations: Vina del Mar, Chile, , Vina del, California, Southern California, Los Angeles, Northern California, San Francisco Bay, Spain, Catalonia, Barcelona
But in remarks on social media, she described the U.S. Embassy as a place she “HAD to visit.” Iran’s paramilitary Revolutionary Guard now runs it as a museum. Photos You Should See View All 45 Images“I'm sharing exhibits from a museum that are never seen," Wright wrote on Instagram. Masih Alinejad, a U.S.-based activist who has faced assassination and kidnapping attempts by Iran, also denounced Wright's visit. But there's been no media coverage of Wright's visit inside Iran, likely a sign of how tightly controlled journalists are after the 2022 demonstrations. Iranian state media have seized on the U.S. support of Israel to criticize the U.S. and opponents of its theocracy.
Persons: Whitney Wright, Narges Mohammadi, Mahsa Amini, Wright, , , Ruhollah Khomeini, Nasser Kanaani, Setareh Pesiani, Iran's, Pesiani, Instagram, Masih Alinejad, Wright's, Rosa Parks, Alinejad, Candy, there's, Abdolreza, Mahmoud Ahmadinejad, Mia Khalifa Organizations: JERUSALEM, U.S, Embassy, Associated Press, Revolutionary Guard, United Nations, Iranian Foreign Ministry, Israel, Islamic, U.S . State Department, AP, Washington, State Department Locations: Iran, Tehran, U.S, Oklahoma City, Islamic Republic, British, Gaza, Israel, Islamic Republic of Iran, East
Mr. Biden authorized the sanctions with an executive order that goes further than a directive issued in December by the State Department, which imposed visa bans on dozens of Israeli settlers who have committed acts of violence in the West Bank. They also will be prevented from traveling to the United States or engaging in any commerce with people in the United States. For Mr. Biden, the order served a dual purpose: It was a sharp diplomatic notice to Israel’s government at a time when the United States is pressing Prime Minister Benjamin Netanyahu for restraint. American officials fear a recent surge in attacks by Israeli settlers against Palestinians in the West Bank could set off even wider violence, making an already combustible situation worse. But there are also deep tensions in the West Bank, a much larger area that Israel has occupied since 1967.
Persons: Biden, Benjamin Netanyahu, , Jake Sullivan Organizations: West Bank, Arab, State Department, Hamas Locations: United States, Gaza, Israel, East
GUALBA, Spain (AP) — Plastic jugs in hand, Joan Torrent takes a path into the woods in search of drinking water. The drought emergency, which takes effect Friday, limits the daily amount of water permitted for residential and municipal purposes to 200 liters (53 gallons) per person. Catalonia’s water agency says the average resident uses 116 liters (30 gallons) per day at home. Gualba's name, according to local lore, means “white water” thanks to the streams flowing down from the Montseny mountain that overlooks the village. Only the Guadalete-Barbate river basin in southern Andalusia, which faces similar shortages and restrictions, is worse off at 14.6%.
Persons: Joan Torrent, Gualba, don’t, , Jordi Esmaindia Organizations: Locations: Spain, Gualba, Barcelona, Spain’s, Catalonia, Llobregat, Andalusia
Washington CNN —President Joe Biden plans to issue an executive order targeting violent Israeli settlers in the West Bank whom he has said have undermined stability in the area, a US official and source familiar with the matter told CNN. Officials said they had compiled evidence they said offered proof of the individuals’ role in the West Bank violence that would withstand judicial review, including information from public reporting. The State Department can apply the policy to both Israelis and Palestinians who were responsible for attacks in the West Bank, Blinken said at the time. Dozens of Palestinians were killed in the West Bank in the weeks immediately following the Hamas attack as settler violence intensified. An estimated 700,000 Israeli settlers live in the West Bank.
Persons: Joe Biden, Biden, Benjamin Netanyahu, Israel, Antony Blinken, Blinken, Matt Miller, , ” Biden, , “ we’re, Jennifer Hansler Organizations: Washington CNN, West Bank, CNN, Politico, White House, The State Department, , Bank Locations: United States, West, Gaza, Huwara, , Israel, East, America
On a year-over-year basis, sales rose 8.2%. Still, the comparable store sales challenges in the U.S. and China force us to be less upbeat about the company's prospects than we were after prior quarter. In Starbucks' international segment, comparable store sales rose 7% as transactions increased 11% but ticket amount dropped 3%. Comparable store sales in China rose 10%, the company said, below the the 17% estimate, according to Bloomberg data. It expects full-year comparable sales on a global basis and in the U.S. to grow 4% to 6%.
Persons: Jim Cramer, Laxman Narasimhan, Narasimhan, Rachel Ruggeri, Ruggeri, Jim Cramer's, Jim, Gabby Jones Organizations: Starbucks, Revenue, Management, Buyers, Wall Street, FactSet, U.S, Bloomberg, CNBC, Getty Locations: China, U.S, North America, Israel, New York
CNN —The Biden administration has a regional war on its hands in the Middle East and needs to change its strategy fast. ·Almost daily Israeli strikes against Hezbollah targets in Lebanon and almost daily Hezbollah strikes against Israeli targets. ·Multiple Israeli strikes against Iran-linked Syrian targets. ·Pakistan strike against Iranian targets, and Iran strike against Pakistani targets. The options to retaliate for President Biden are complicated, since he does not want to widen the conflict further.
Persons: Peter Bergen, , Osama bin Laden, CNN —, Biden, Jimmy Carter, Camp David Organizations: New, Arizona State University, Apple, Spotify, CNN, Pakistan, Hamas, ISIS, Camp Locations: New America, Jordan, Israel, Gaza, Red, Yemen, Lebanon, Iraq, Syria, Iran, Iranian, Pakistan, Egypt
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