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☆ Four Years Out, Some Voters Look Back at Trump’s Presidency More Positively
▼ + stars: | 2024-04-14 | by ( Lisa Lerer | Ruth Igielnik | ) www.nytimes.com time to read: +1 min

Views of Donald J. Trump’s presidency have become more positive since he left office, bolstering his case for election and posing a risk to President Biden’s strategy of casting his opponent as unfit for the presidency, according to a new poll by The New York Times and Siena College. While the memories of Mr. Trump’s tumultuous and chaotic administration have not significantly faded, many voters now have a rosier picture of his handling of the economy, immigration and maintaining law and order. Ahead of the 2020 election, only 39 percent of voters said that the country was better off after Mr. Trump took office. Now, looking back, nearly half say that he improved things during his time as president. The poll’s findings underscore the way in which a segment of voters have changed their minds about the Trump era, recalling those years as a time of economic prosperity and strong national security.

Persons: Donald J, Trump’s, Biden’s, Trump Organizations: The New York Times, Siena College Locations: New York

☆ Dan Coats: Why Aid for Ukraine’s Fight Against Russia Matters - The New York Times
▼ + stars: | 2024-04-11 | by ( Dan Coats | ) www.nytimes.com time to read: +1 min

Since Russia’s first invasion of Ukraine in 2014, a rare consensus has formed in Washington around this conviction: America must provide military support to Ukraine’s resistance. Three administrations and large majorities of both parties in Congress have consistently held that President Vladimir Putin’s aggression cannot be tolerated. The choices facing America are always based on the same foundation: what best serves our nation. Those interests are inextricably linked to the strength of our global alliances and the international system of law and cooperation in which American democracy survives and prospers. And the strength of those networks, in turn, depends on our role as a trusted ally and friend, on our credibility and — frankly — on our virtue.

Persons: Vladimir Putin’s Locations: Ukraine, Washington, America

☆ Australia joins global subsidy race with 'Future Made in Australia' plan
▼ + stars: | 2024-04-11 | by ( ) www.cnbc.com time to read: +1 min

Australia will launch subsidies and incentives modelled on similar efforts in the United States and Europe to help the giant commodity exporter bolster domestic manufacturing and promote industries it sees as vital to national security. The "Future Made in Australia Act" will be unveiled by Prime Minister Anthony Albanese at a speech in Queensland state on Thursday. "Our Government will be proactive when it comes to backing Australia's comparative advantages and delivering on our national interests," Albanese will say. "Only Government has the resources to do that, only Government can draw together the threads from across the economy and around our nation." In the race to roll out clean energy and compete with China in manufacturing electric vehicles and semiconductors, seen as vital for economic prosperity and national security, governments in rich nations are spending billions on subsidies.

Persons: Darrian Traynor, Stringer, Anthony Albanese, Albanese Organizations: Getty Locations: Australia, United States, Europe, Queensland, China

☆ It pays to leave Congress: Democrat who resigned mid-term is getting a $131,000 pay bump to run a performing arts center
▼ + stars: | 2024-04-10 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Read previewAt the beginning of February, Rep. Brian Higgins officially resigned from Congress to take a job as the president of a local performing arts center. It was a curious move for the New York Democrat, who had served in the House for 19 years. This story is available exclusively to Business Insider subscribers. Just weeks later, Higgins was named president and CEO of Shea's Performing Arts Center, which includes a historic theatre first built in 1926. And it makes it more difficult for potential candidates who aren't independently wealthy to run for Congress in the first place.

Persons: —, Brian Higgins, Higgins, Kevin McCarthy's, That's, Daniel Schuman, Alexandria Ocasio, Cortez Organizations: Service, New York Democrat, Democrats, Business, Shea's Performing Arts Center, POPVOX Foundation, Democratic, Cortez of New York Locations: Washington, Shea's, Buffalo, Alexandria, Cortez of New

☆ 13 cities where hiring is growing — Florida and Texas lead, while the coasts are declining
▼ + stars: | 2024-04-09 | by ( Noah Sheidlower | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Hiring is increasing in smaller cities and large hubs in Florida and Texas, according to a Gusto analysis. Cities like Orlando, San Antonio, and Houston saw significant increases in hiring share. Whereas major coastal cities accounted for 35% of hiring before March 2020, this percentage is now about 29%. Meanwhile, Florida and Texas cities are on somewhat of a hiring spree. AdvertisementDid you move away from the coasts to Florida, Texas, or a smaller city?

Persons: —, Orlando, that's, Courtney Quinlan Organizations: Houston, Service, Rockies, San, Boise Locations: Florida, Texas, Northeast, California, Orlando, San Antonio, New York City, Los Angeles, Seattle, San Francisco, Jose, Washington, Miami, Austin, St, Louis, Midwest, Florida , Texas

☆ If you want a high-paying job and a more affordable house, move to the Rockies or the South
▼ + stars: | 2024-04-04 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In Utah, the share of residents in prosperous ZIP codes during the 2017 through 2021 period grew to 55% from 47% in the 2011 to 2015 period. During the 2017 to 2021 period, the share of residents in a prosperous ZIP code jumped to 39% from 19% during the 2011 to 2015 window. Mississippi has the largest share of residents in a distressed ZIP code, while the share in Louisiana rose by 10 percentage points. And in New York, the share of residents in a distressed ZIP code jumped to 20% from 12%.

Persons: —, Daniel Newman, Kenan Fikri, EIG Organizations: Service, Economic, Business, DCI, East South, Politico, New Locations: Idaho , Montana , Utah , Nevada, Georgia, South Atlantic, New England, Utah, Idaho, In Utah, Ogden, . Mississippi, Louisiana, New York, New York City, York City

☆ US government is changing how it asks about race and ethnicity and adding new category
▼ + stars: | 2024-03-28 | by ( Nicole Chavez | ) edition.cnn.com time to read: +4 min

CNN —The Office of Management and Budget on Thursday announced changes to how the federal government asks about people’s race and ethnicity, including in the US census. Under the previous standards, Hispanic or Latino ethnicity was measured in a question separate from the one on racial identity. “Thanks to the hard work of staff across dozens of federal agencies and input from thousands of members of the public, these updated standards will help create more useful, accurate, and up to date federal data on race and ethnicity. “The U.S. Census Bureau commends the scientific integrity and collaboration with our fellow federal statistical agencies and departments throughout this process. These efforts aim to improve federal race and ethnicity statistics and ensure data more accurately reflect the racial and ethnic diversity of the U.S. population,” the agency said.

Persons: ” Karin Orvis, “ We’ve, Maya Berry, Arturo Vargas, ” Vargas, Judy Chu, CAPAC, ” Chu, CNN’s Jennifer Agiesta Organizations: CNN, Management, Budget, OMB, Census Bureau, Arab American Institute, Black, AAI, National Association of Latino, Fund, Congressional Asian Pacific American Caucus, Pacific, Democratic Locations: Indian, Alaska, Eastern, America, “, California

WASHINGTON (AP) — For over a month, House Speaker Mike Johnson has sat on a funding package that would send desperately needed ammunition and weaponry to Ukraine, mulling how best to gain a grasp of what is expected to be a difficult lift in the House. The Republican speaker has indicated he will attempt to push for approval of tens of billions in wartime funding for Ukraine, as well as Israel, once the House returns in April. “We'll turn our attention to it and we won't delay on that,” the Louisiana representative said of the Ukraine package at a news conference last week. Rep. Marjorie Taylor Greene, a far-right Republican from Georgia, has filed a motion to vacate Johnson as speaker and warned him not to put Ukraine funding on the House floor. Before becoming speaker, Johnson was deeply skeptical of approving funding for Ukraine and voted repeatedly against it.

Persons: Mike Johnson, “, Johnson, Gregory Meeks, Marjorie Taylor Greene, ” Greene, ” Johnson, Ronald Reagan, ”, Michael McCaul, Greene, Don Bacon, Shelby Magid Organizations: WASHINGTON, Republican, Ukraine, NATO, Rep, House Foreign Affairs Committee, Capitol, Senate, Kyiv, Republicans, Democrats, Senior Republicans, House Foreign Relations, CBS, House, Eurasia Center, Atlantic Council Locations: Ukraine, Israel, Louisiana, Russia, Kyiv, Georgia, Gaza, Washington, “, Europe

☆ Woman Could Have Prevented Great Recession; Ignored by Wall Street Men
▼ + stars: | 2024-03-04 | by ( Josie Cox | ) www.businessinsider.com time to read: +21 min

The story of Brooksley Born is not only the tale of a remarkable regulator whose Cassandra-like warnings — if heeded — could've prevented the great financial crisis from exploding into raging, ruinous enormity. Not long after she assumed chairmanship of the CFTC, Born started to feel a lingering unease with the rapidly expanding derivatives market. So to Rubin, Born was more of an inconvenience than anything, and she certainly wasn't in his club. Not long after, Treasury officials lobbied Congress to pass legislation preventing the CFTC from being able to regulate the OTC derivatives market. In the months and years that followed, it became increasingly hard to deny that the multi-trillion-dollar OTC derivatives market was the root cause of the great financial crisis.

Persons: Lehman Brothers, jolting, — could've, It's, Potter Stewart, Henry Edgerton, Porter, she'd, Bill Clinton, Clinton, Janet Reno, Brooksley, Michael Greenberger, Born, Gibson, weren't, Robert Rubin, Goldman Sachs, Rubin, Michael Hirsh, Alan Greenspan, Greenspan, Ayn Rand, Hirsh ., Hirsh, Greenspan didn't, braggadocian machismo, lauding Rubin, Lawrence Summers, Arthur Levitt, Josie Cox, Levitt, Summers, Jim Leach, Richard Lugar, —, Bethany McLean, Joe Nocera, Bob Rubin, Born's Cassandra, George W, Bush, Lauren Rivera, Christine Lagarde, Lehman, ABRAMS Organizations: Stanford University, Stanford Law School, Stanford, Appeals, District of Columbia Circuit, Arnold, Futures Trading Commission, American, CFTC, Bankers Trust, Procter, Gamble, Sumitomo, Federal Reserve, Fed, Securities and Exchange Commission, Financial Markets, Abrams, Term Capital Management, Enron, SEC, Born, Northwestern's Kellogg School of Management, Financial, International Monetary Fund, Lehman Brothers, Reuters, Street, The Washington Post, Guardian, Abrams Press Locations: California, Vietnam, United States, Washington, America, ABRAMS , New York

☆ These Trump supporters show why the former president is dominating the race
▼ + stars: | 2024-01-24 | by ( Arit John | ) edition.cnn.com time to read: +7 min

Rochester, New Hampshire CNN —Bonnie Cote never considered voting for anyone other than former President Donald Trump. Despite months of campaigning and millions spent on ads, mailers and door knocking in the Granite State, some Trump supporters said they were unfamiliar with Haley. “Everybody came out for Trump, Trump, Trump… so, why not go for Trump?”Kirwin said she thought Trump was “a little crazy” and his found his personality “awful,” but she also recalled watching him in the first 2016 general election debate against Hillary Clinton. “And make no mistake, we will restore our national pride.”It’s an argument that has worked on some former Trump voters. Even if she trailed Trump with delegates, she thought the party needed a viable alternative to Trump.

Persons: Bonnie Cote, Donald Trump, Trump, Ron DeSantis, Nikki Haley, ”, “, aren’t, Haley, Adrienne Kirwin, Carolina Sen, Tim Scott, DeSantis, “ Everybody, ” Kirwin, Hillary Clinton, ’ ”, Raymond Kirwin, ” Christy Piper, “ It’s, ” Piper, Haley ratcheted, Vivek Ramaswamy, Nancy Pelosi, Joe, Mike Condor, Biden, Laura, Mira, John McCain, Mitt Romney, Robert Stacy, –, Ted Cruz, ” Stacy Organizations: Rochester , New Hampshire CNN, ”, ” Florida Gov, South Carolina Gov, Trump, Cote, New, GOP, Scott, Biden, Republican, Senate, Trump voters Locations: Rochester , New Hampshire, Granite State, ” Florida, New Hampshire, Iowa, Derry, Carolina, Dover, Rochester, Nashua, Concord, “, Trump’s

☆ Indian Devotees Splurge on Jets, Gold Idols as Hindu Temple Opens
▼ + stars: | 2024-01-19 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

Indian Prime Minister Narendra Modi and Asia's richest man Mukesh Ambani are among the 8,000 or so attendees at Monday's inauguration event for the Ram Temple, which devotees believe is built on the birthplace of Lord Ram, a sacred Hindu deity. Officials estimate 100 private jets will descend on Jan. 22 on Ayodhya airport, filling it to capacity. Mehra did not disclose the price of the charters, but private jet booking website JetSetGo lists the price of a Mumbai-Gorakhpur flight on a Falcon 2000 jet with nine passengers on board at about $74,000. There is a waiting period of two weeks," said Baldev Singh, a manager at HS Jewellers in Lucknow city. "People are betting on economic prosperity but there's also emotional attachment to be part of the Ayodhya story."

Persons: Saurabh Sharma, Tanvi Mehta, Narendra Modi, Mukesh Ambani, Lord Ram, Modi, It's, Rajan Mehra, Mehra, Baldev Singh, Amitabh Bachchan, Abhinandan, Abhinandan Lodha, Aditya Kalra Organizations: Indian, Ram, Bharatiya Janata Party, Dassault, Reuters Locations: Tanvi Mehta AYODHYA, India, Ayodhya, Varanasi, Gorakhpur, Mumbai, Thailand, Lucknow city

The idea of using Russia's frozen assets is gaining new traction lately as continued allied funding for Ukraine becomes more uncertain and the U.S. Congress is in a stalemate over providing more support. Bipartisan legislation circulating in Washington called the Rebuilding Economic Prosperity and Opportunity for Ukrainians Act would use assets confiscated from the Russian Central Bank and other sovereign assets for Ukraine. Belgium, which is holding the rotating presidency of the European Union bloc for the next six months, is now leading the talks on whether to seize Russia's assets. Belgium is also the country where most frozen Russian assets under sanctions are being held. Maria Snegovaya, a senior fellow at the Center for Strategic and International Studies, cautioned that if Ukraine's immediate needs aren't met, “no amount of seized Russian assets is unfortunately going to compensate for what may happen."

Persons: — It's, Volodymyr Zelenskyy, “ Putin, ”, ” Biden, Penny Pritzker, “, Nicholas Mulder, Vladimir Putin, Shalanda Young, ” Young, ” Sergey Aleksashenko, Treasuries —, Konstantin Malofeyev, Alexander De Croo, De Croo, Maria Snegovaya, aren't, Ellen Knickmeyer, Lisa Mascaro, Seung Min Kim, Zeke Miller, Aamer, Sam Petrequin, Jamey Keaton Organizations: WASHINGTON, Russian Central Bank, U.S ., U.S, ., ”, Ukraine, Russia, Cornell University, Washington, Russia's Central Bank, White, Management, Russian Central Banker, Russian, Justice Department, State Department, European Union, Belgian, Center for Strategic, International Studies, Associated Press Locations: United States, Ukraine, Davos, Switzerland, Ukrainian, Washington, “, America, Russia, Russian, U.S, China, Frankfurt, Belgium, Brussels

☆ Supply chains, trade top agenda for Yellen Mexico trip
▼ + stars: | 2023-12-04 | by ( Chelsey Cox | ) www.cnbc.com time to read: +2 min

US Treasury Secretary Janet Yellen hosts Leaders from Americas Partnership for Economic Prosperity (APEP) countries at the Treasury Department in Washington, DC, on November 3, 2023. WASHINGTON — Treasury Secretary Janet Yellen will travel to Mexico City this week to strengthen economic ties with America's top trading partner, the Treasury Department said Monday. Yellen will meet with Mexican counterparts, including President Andres Manuel Lopez Obrador, from Dec. 5-7 on creating supply chains spanning the bordering nations to spur job growth and bolster economic security, according to a release. Imports and exports between the U.S. and Mexico reached nearly $600 billion so far in 2023, per the International Trade Administration, and exceeded $850 billion in 2022, according to Treasury. Direct investments between the nations include manufacturing, wholesale trade, real estate and finance and insurance, according to the U.S. Trade Representative.

Persons: Janet Yellen, Yellen, Andres Manuel Lopez Obrador, Joe Biden, Xi Jinping Organizations: Americas Partnership, Economic Prosperity, Treasury Department, WASHINGTON —, Mexican, U.S, International Trade Administration, Treasury, U.S . Trade, Jalisco Nueva Generacion, U.S . Locations: Washington ,, Mexico City, Mexico, United States, Jalisco, U.S

☆ Henry Kissinger was so revered in China that Xi Jinping personally called him an 'old friend' while snubbing Biden officials
▼ + stars: | 2023-11-30 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Henry Kissinger was so well-loved in China that Xi Jinping called him an "old friend" in July. China re-affirmed Xi's exact words in response to Kissinger's death on Wednesday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But it was Kissinger who was warmly received by China's Xi Jinping and his right-hand men in diplomacy, while top-level US officials came and went without a face-to-face meeting with the paramount leader. "The Chinese people never forget their old friends, and Sino-US relations will always be linked with the name of Henry Kissinger," Xi said.

Persons: Henry Kissinger, Xi Jinping, —, Biden, Kissinger, China's Xi Jinping, Xi, Antony Blinken, Janet Yellen, Gina Raimondo, John Kerry, Washington bristled, China's, Li Shangfu, Li, Lloyd Austin, John Kirby, Richard Nixon, Mao Zedong, Zhou Enlai Organizations: Service, State Department, of, National Security Locations: China, Beijing, Washington, United, Communist China

MOSCOW, Nov 29 (Reuters) - Russia's industrial output growth slowed in October as the unemployment rate dropped to a record low 2.9%, federal statistics showed on Wednesday, with deepening labour shortages showing signs of cooling Moscow's military production capacity. Analysts say wages are growing faster than productivity and the central bank has warned of the impact it has on inflation. Industrial output rose 5.3% year-on-year in October, down from a 5.6% rise in September and driven once again by military production. Rosstat said industrial output had grown since March at a monthly rate of more than 5% compared with the corresponding months of 2022. But when discounting seasonal factors, industrial production dropped 0.4% in October, Rosstat said.

Persons: Maxim Oreshkin, Vladimir Putin, Central Bank Governor Elvira Nabiullina, Rosstat, Alexander Marrow, Darya, Alex Richardson, Alexandra Hudson Organizations: Kremlin, Reuters, VW, Central Bank Governor, Alexandra Hudson Our, Thomson Locations: MOSCOW, Russia, Volkswagen's, Moscow, Ukraine, Putin's Russia

In Shenzhen, a metropolis born of China’s economic prosperity, Paibang Village is a reminder of the city’s modest past and the challenges ahead for reviving the country’s property sector. Paibang is what China calls an urban village, a labyrinth of low-slung apartment buildings and mom-and-pop storefronts connected by a maze of alleyways and narrow roads. There are hundreds of them in Shenzhen, a municipality of 18 million people next to Hong Kong, and thousands of such villages across China. Now with China mired in an unyielding property crisis, policymakers want to revamp aging urban neighborhoods like Paibang to kick-start construction and spur local economies. Seven years ago, Paibang was chosen for an “urban renewal” by city officials, and in 2019 China Evergrande, one of the country’s biggest real estate firms, took control of the project.

Persons: Paibang, Evergrande Locations: Shenzhen, China, Hong Kong

☆ China's not-so-special economic zone embodies a harsh new reality
▼ + stars: | 2023-11-16 | by ( David Kirton | ) www.reuters.com time to read: +9 min

REUTERS/David Kirton Acquire Licensing RightsSHENZHEN, China, Nov 16 (Reuters) - Tony Xiong is among the latest arrivals to the glitzy office towers in the newest part of Shenzhen, built to showcase China's economic miracle. Office workers are not the only ones grumbling about the unattractiveness of Qianhai, a special economic zone where Chinese dreams of global financial might and economic prosperity that once seemed inevitable are now darkened by half-empty skyscrapers and shopping malls as well as barely used motorways. And that's before China's tallest skyscraper of over 1,000 metres and a cluster of other towers are completed. With China entering a new era of sluggish growth, Qianhai may never reach the international status to which it aspires. The Qianhai Authority and China's State Council Information Office did not respond to Reuters requests for comment on the local and macro economic challenges.

Persons: David Kirton, Tony Xiong, Qianhai, Knight Frank, Antonio Fatas, Deng Xiaoping's, Xi Jinping, Xi, Zhiwu Chen, incentivised, Witman Hung, I've, Brian Miller, Klaus Zenkel, it's, Bill Deng, Zhang, James Pomfret, Marius Zaharia, David Crawshaw Organizations: REUTERS, Rights, Reuters, Authority, Communist Party, University of Hong, Qianhai Authority, HSBC, UBS, Standard Chartered, Chamber of Commerce, Greater, Thomson Locations: Shenzhen, Guangdong province, China, Rights SHENZHEN, Hong Kong, Beijing, Shanghai, China's, Qianhai, University of Hong Kong, Guangzhou, Hengqin, Macau, Nansha, South China, Greater Bay Area, . Hong Kong

WASHINGTON (AP) — President Joe Biden will host Indonesian President Joko Widodo at the White House on Monday, one day before the U.S. leader leaves for San Francisco to attend a summit of Asian leaders. The two presidents will share an afternoon tea and meet with top advisers, according to senior administration officials who insisted on anonymity to preview the schedule. They will also talk about ways to expand the trade of critical minerals like nickel, which can be used to produce electric vehicle batteries. Widodo will be arriving in the U.S. after making a previous stop in Riyadh, Saudi Arabia, for a summit of Muslim leaders. The official said Biden would seek to have Widodo “play a larger role” in the Middle East, although it was unclear exactly what that would entail.

Persons: Joe Biden, Joko Widodo, Karine Jean, Pierre, ”, Widodo, Xi Jinping, Kamala Harris, Biden Organizations: WASHINGTON, White, San, Economic Cooperation, United, Hamas Locations: U.S, San Francisco, Indonesia, Asia, India, United States, Southeast Asia, The U.S, Riyadh, Saudi Arabia, Gaza, Israel

☆ Speaker Mike Johnson floats confiscating Russian assets to fund Ukraine war aid: 'It would be pure poetry'
▼ + stars: | 2023-11-10 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Speaker Johnson continues to signal openness to more Ukraine aid, despite past opposition. AdvertisementAdvertisementHouse Speaker Mike Johnson is suggesting that the US should confiscate assets owned by the Russian government to pay for more aid to Ukraine. "It would be pure poetry to fund the Ukrainian war effort with Russian assets," Johnson told the New York Post. AdvertisementAdvertisementDespite consistently voting against Ukraine aid in the past two years as a rank-and-file lawmaker, Johnson has signaled openness to allowing more Ukraine aid to be approved since becoming speaker. That's been encouraging news for supporters of Ukraine aid — and cause for concern among long-time opponents.

Persons: Johnson, He's, —, Mike Johnson, that's, Biden, That's Organizations: Service, New York, Republican, Opportunity, Russian Central Bank, Internal Revenue Service, Democratic, House Republicans, Republicans, Ukraine Locations: Ukraine, Russian, Russia, Israel

☆ Biden Tells Netanyahu 3-Day Fighting Pause Could Help Secure Release of Hostages - Axios
▼ + stars: | 2023-11-07 | by ( Nov. | At P.M. | ) www.usnews.com time to read: 1 min

U.S. President Joe Biden waits for the news media to leave the room as they ask questions about the conflict between Israel and Palestinian Islamist group Hamas as he hosts western hemisphere leaders at the Americas Partnership for Economic Prosperity Leaders’ Summit at the White House in Washington, U.S., November 3, 2023. REUTERS/Leah Millis/File Photo Reuters

Persons: Joe Biden, Leah Millis Organizations: Hamas, Americas, Economic Prosperity, White, REUTERS Locations: Israel, Palestinian, Washington , U.S

☆ Voters' grim economic outlook helps boost Trump in new battleground poll
▼ + stars: | 2023-11-06 | by ( Emma Kinery | ) www.cnbc.com time to read: +2 min

The margins were between 4 and 10 percentage points, with a survey sampling error of between 4.4 and 4.8 points per state. The only state where voters said they would choose Biden over Trump was Wisconsin, where the president led the Republican front-runner by 2 points, within the margin of error. During the 2020 election, Biden won all six of these battleground states, albeit some by very slim margins. These issues will be top of mind for voters next year; 57% of respondents said economic issues would be the most important factor in their vote. The survey points to troubling signs ahead for the Biden reelection campaign.

Persons: Joe Biden, Donald Trump, Trump, Biden, Barack Obama's Organizations: Americas, Economic Prosperity, ’, The New York Times, Siena College, Trump, Republican, Biden Locations: Washington , U.S, U.S, Michigan , Pennsylvania, Arizona, Georgia, Nevada, Wisconsin

☆ Peru foreign minister resigns following US visit controversy
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

Peruvian Foreign Affairs Minister Ana Cecilia Gervasi attends a news conference regarding the asylum that Mexico has granted to the family of former President Pedro Castillo, in Lima, Peru, December 20, 2022. Reuters/Sebastian Castaneda/File Photo Acquire Licensing RightsLIMA, Nov 6 (Reuters) - Peru's foreign minister Ana Cecilia Gervasi resigned on Monday after less than a year, amid questions over how she handled President Dina Boluarte's visit last week to the United States. Gervasi made no reference to Boluarte's U.S. trip in her resignation letter, which was seen by Reuters and other media. In his resignation letter, he cited Boluarte's trip, stating he had been "responsible for preparing" it. Gervasi held various positions in government prior to joining Boluarte's cabinet, including deputy foreign minister, and vice minister of foreign trade.

Persons: Ana Cecilia Gervasi, Pedro Castillo, Sebastian Castaneda, Dina Boluarte's, Gervasi, Joe Biden, Alberto Otarola, Gustavo Meza Cuadra, Boluarte, Biden, Jose Cueto, Castillo, Marco Aquino, Isabel Woodford, Christian Plumb, Alison Williams, Rosalba O'Brien Organizations: Peruvian Foreign Affairs, Reuters, Rights, Alliance for Economic Prosperity, Thomson Locations: Mexico, Lima , Peru, United States, U.S, Boluarte, Americas, Washington

☆ Yellen supports 'significant' capital increase for IDB's private sector arm
▼ + stars: | 2023-11-03 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

Yellen, who hosted a breakfast for leaders from the Americas Partnership for Economic Prosperity before a White House summit, said Treasury strongly supported efforts by IDB President Ilan Goldfajn to reform the regional development bank's private sector arm, IDB Invest, and backed a capital increase for it. "My team at Treasury is working closely with President (Ilan) Goldfajn and IDB Group shareholders to define the policy reforms and financial scenarios that would enable a significant capital increase for IDB Invest," she said. Yellen told an IDB conference on Thursday that additional capital would help increase IDB Invest's impact and ability to better mobilize private capital to the region, as APEP partners work to shift supply chains away from China and expand "nearshoring" options closer to home. Yellen also said on Thursday that the "originate-to-share" approach adopted by IDB Invest CEO James Scriven was pioneering a new way for multilateral development banks (MDBs) to leverage private sector capital, an innovation being closely watched by others. The move by IDB follows efforts by China to increase its influence in Latin America, through increased direct lending to Latin American governments and boosting trade ties to resource-rich South American countries.

Persons: Janet Yellen, Ilan Goldfajn, Ilan, Goldfajn, Yellen, James Scriven, Andrea Shalal, Christina Fincher, Paul Simao Organizations: . Treasury, Inter, American Development Bank, Americas, Economic Prosperity, Treasury, IDB Invest, IDB Group, IDB, Thomson Locations: United States, America, Caribbean, Washington, U.S, Latin America, China, Mexico

WASHINGTON (AP) — President Joe Biden is gathering leaders from countries across the Americas on Friday in the U.S. capital to discuss the tightening of supply chains and addressing migration issues. Kirby said the summit would also involve the “shared migration challenge” and the building of “meaningful economic opportunity” among the countries in the region. Political Cartoons View All 1233 ImagesBy contrast, the U.S. imported $562.9 billion worth of goods and services from China last year. Treasury Secretary Janet Yellen outlined the Biden administration's goals in a Thursday speech at the Inter-American Development Bank. The Inter-American Development Bank, which is the biggest multilateral lender to Latin America, would support new projects through grants, lending and new programs.

Persons: Joe Biden, John Kirby, Kirby, Biden, Janet Yellen, Yellen Organizations: WASHINGTON, Economic Prosperity, ’, White, National Security, Western, U.S . Trade, Biden, Inter, American Development Bank, The Locations: Americas, U.S, Los Angeles, United States, China, Canada, Mexico, The U.S, America, Caribbean, South America

WASHINGTON (AP) — Treasury Secretary Janet Yellen wants Latin America to trade more with the United States as part of an initiative that so far has failed to disrupt China’s dominance in global manufacturing. The Inter-American Development Bank, which is the biggest multilateral lender to Latin America, would support new projects through grants, lending and new programs. But if you’re not involved, this opens the door for anybody” to invest in Latin America. Latin America will be a region of increased focus in the next year, as Brazil takes the presidency of the Group of 20 international forum. A Treasury official told the AP that Yellen will be traveling frequently to South America and Latin America over the next year, due to Brazil's G-20 presidency.

Persons: Janet Yellen, Yellen, ” Yellen, Ilan Goldfajn, you’re, ” Organizations: WASHINGTON, —, Inter, American Development Bank, Partnership, Economic Prosperity, ’, White, “, Boston University Global Development, El, Associated Press, Treasury Department, Treasury, AP Locations: America, United States, U.S, Caribbean, Peru, Chile, Ecuador, Uruguay, Dominican Republic, Costa Rica, China, South America, American, Honduras, Taiwan, El Salvador, Nicaragua, Panama, Brazil, Latin America

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