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In her three decades of working with elephant seals, Dr. Marcela Uhart had never seen anything like the scene on the beaches of Argentina’s Valdés Peninsula last October. Instead, it was “just carcass upon carcass upon carcass,” recalled Dr. Uhart, who directs the Latin American wildlife health program at the University of California, Davis. H5N1, one of the many viruses that cause bird flu, had already killed at least 24,000 South American sea lions along the continent’s coasts in less than a year. Sick pups lay listless, foam oozing from their mouths and noses. Dr. Uhart called it “an image from hell.”In the weeks that followed, she and a colleague — protected head to toe with gloves, gowns and masks, and periodically dousing themselves with bleach — carefully documented the devastation.
Persons: Marcela Uhart, , Uhart, Organizations: University of California, Team Locations: Argentina’s Valdés, Davis
A year later, it was shortlisted for the James Beard Foundation’s award for the best new restaurant in America. It’s where we eat lunch before visiting museums on the Mall, where we grab a bite before a show. Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times. Thank you for your patience while we verify access.
Persons: Turkish mezze, James Beard Foundation’s Organizations: The Locations: Turkish, America, Washington
Only 3% to 5% of people who are diagnosed with this type of brain tumor will be alive three years later. Now, an experimental therapy that reprograms a person’s own immune cells to attack these tumors is showing some exciting promise. Doctors first harvested immune fighters called T-cells from his blood and then genetically modified them in a lab so they’d recognize and bind to specific proteins on the surface of the brain tumor cells. After a single 10-milliliter infusion of about 10 million CAR-T cells, Fraser’s tumor began to shrink. Three-quarters of the participants had had their brain tumors come back at least twice.
Persons: , Otis Brawley, , they’ll, ” Brawley, Tom Fraser, Brigham, Debbie Fraser, Fraser, He’s, Marcela Maus, ” Fraser, Maus, , ” Maus, Christine Brown, ’ Brown, ” Brown, hasn’t, Brown, Dr, Donald O’Rourke, “ They’re, O’Rourke, ” O’Rourke, Sanjay Gupta, you’re, they’re, it’s Organizations: CNN, Johns Hopkins University, American Cancer Society, City of Hope Cancer Center, University of Pennsylvania, Massachusetts General, Mass, New England, of Medicine, Doctors, Mass General Cancer Center, Tv3, Cell Therapeutics Research, of, Nature, Penn, Excellence, University of Pennsylvania Perlman School of Medicine, CNN Health Locations: City, Duarte , California, Massachusetts, Rochester , New York, Boston, of Hope, Hope
Tolkien via social media for political action. But despite the good-natured skepticism, Sundberg said she understands and respects what the Working Families Party is trying to do. Social media is where many young voters live — about a third of adults under 30 regularly get news from TikTok, according to Pew Research. And turning out young voters who are otherwise not particularly politically engaged will be key to winning elections up and down the ballot in November. As Marcela Valdes explained this week for The New York Times Magazine, young voters tend to have low turnout rates.
Persons: Emily Sundberg, , Tolkien, What’s, Biden, Sundberg, Marcela Valdes Organizations: Working, Party, Pew Research, House, The New York Times Magazine, Center for Information, Research, Civic, Tufts University Locations: TikTok, Gen
They Could Decide the 2024 Election. If They Vote.
  + stars: | 2024-02-25 | by ( Marcela Valdes | ) www.nytimes.com   time to read: +1 min
Elections, historically, are decided not only by those who cast votes but also by those who don’t. President George W. Bush edged out Al Gore in the 2000 election by 537 ballots in Florida. Yet there’s a case to be made that the five million Floridians who were eligible to vote in that election but did not were the ones who really tipped the balance. According to the University of Florida Election Lab, 44 percent of citizens who were eligible to vote in 2020 did not. But in any given election, those who stay home or tune out may change: Fully 25 percent of the ballots in 2020 were cast by people who didn’t vote in 2016.
Persons: George W, Bush, Al Gore, Lyn Ragsdale, Jerrold G, Rusk Organizations: University of Florida, Rice University Locations: Florida
Brazil Retail Billionaire Abilio Diniz Dies at 87
  + stars: | 2024-02-18 | by ( Feb. | At P.M. | ) www.usnews.com   time to read: +1 min
BRASILIA (Reuters) - Brazilian billionaire Abilio Diniz, who built an empire in the supermarket retail sector, died on Sunday in Sao Paulo, according to his press office. The 87-year-old had been hospitalized at the Albert Einstein Hospital and suffered respiratory failure due to pneumonitis, his press office said in a statement. Diniz played a pivotal role in the history of Brazilian retail, serving most recently as vice-chairman of Carrefour Brasil and as a board member of the French group Carrefour. Diniz remained with the company he founded until 2013, when he took over as chairman of Brazilian food processor BRF, where he served for five years. Photos You Should See View All 33 ImagesIn 2014, Diniz acquired a stake in Carrefour Brasil through his private investment company Peninsula.
Persons: Abilio Diniz, Diniz, Pao de, Marcela Ayres, Chris Reese Organizations: Reuters, Albert Einstein Hospital, Carrefour Brasil, Carrefour, Forbes Locations: BRASILIA, Sao Paulo, French, Carrefour Brasil
DOHA, Qatar (AP) — Chen Yiwen and Chang Yani of China captured their third straight diving world title in women’s synchronized 3-meter springboard on Wednesday. At the Hamad Aquatic Centre, the synchronized silver went to Australia's Anabelle Smith and Maddison Keeney in 300.45. Chang has now won four synchronized 3-meter world titles, also taking the 2017 championship while partnered with Shi Tingmao. The 30-year-old now has three world championships over her illustrious career, along with gold and silver medals at the Olympics. It was the 16th world medal for Cunha, who has reached the podium in eight straight championships going back to 2011.
Persons: — Chen Yiwen, Chang Yani, Sharon van Rouwendaal, Logan Fontaine of France, Australia's Anabelle Smith, Maddison Keeney, Britain's Scarlett Mew Jensen, Yasmin Harper, Krysta Palmer, Alison Gibson, Chen, Chang, Budapest . Chang, Shi Tingmao, Van Rouwendaal, Chelsea Gubecka, Brazil's Ana Marcela Cunha, Cunha, Fontaine, Marc, Antoine Olivier, Italy’s Domenico Acerenza, Hungary's Kristóf, Italy's Gregorio Paltrinieri, ___ Organizations: Doha Old Port, Hamad Aquatic Centre, Olympics, Chelsea, France Locations: DOHA, Qatar, China, Doha, Netherlands, Fukuoka, Budapest ., Perth, Australia
Employees of the Supreme Electoral Tribunal load boxes containing electoral material for the presidential and legislative elections at the Electoral Organization Directorate in San Marcos, El Salvador, on February 2, 2024. He adopted Bitcoin as legal tender in El Salvador in 2021 and invited the tech-bros of the world to surf in the Pacific. Under Bukele, El Salvador’s homicide rate has plummeted. So, while El Salvador no longer faces record murder rates, it now boasts the highest incarceration rate in the world. Camilo Freedman/AFP/Getty ImagesA tale of two victimsJackelyne Zelaya does not see the enduring state of emergency as a problem.
Persons: Jocelyn Zelaya, , Jackelyne, ” Jackelyne Zelaya, Marcela, Jocelyn, Mara Salvatrucha, Zelaya, , isn’t, Nayib, Yuri Cortez, Bukele, El, Camilo Freedman, Jackelyne Zelaya, won’t, Maria, tipster, Marvin Reyes, EFE, Guillermo Villatoro, Villatoro, Salvadorean Sandra Hernandez, Jose Dimas Medrano, Stringer, , , Ilhan Omar, Samuel Rodriguez of MOVIR, “ Bukele, Daniel Noboa, Latinobarometro, she’s, Maria ’, ” Maria Organizations: CNN, World Bank, El, Employees, Electoral, Getty, FMLN, Civil, Justice Department, Army, , Congress, Police, National Police, Security Ministry, Human Rights, Democratic, Barrios, Washington DC Locations: San Salvador, Zelaya, El Salvador, American, San Marcos, AFP, America, Latin America, United States, New York, El Salvador’s, Santa Ana, El Rosario, Honduras, WOLA, Washington, Ecuador, El
Chile's Capital Faces Heat Wave, Experts Warn of More to Come
  + stars: | 2024-02-02 | by ( Feb. | At P.M. | ) www.usnews.com   time to read: +1 min
SANTIAGO (Reuters) - Chile's capital and other regions are facing a heat wave, as meteorologists warn that extremely hot weather will become increasingly frequent in the country's austral summer. Over six million inhabitants of Chile's capital Santiago have been enduring days of hot, dry temperatures made worse by the surrounding mountains blocking fresh hair to the city. Scientists have warned that climate change and El Nino are major drivers of extreme heat. Amid the high temperatures in Santiago, many have escaped to the country's coastal areas, which are already filled with vacationers and summertime visitors from abroad. An Argentine tourist said he escaped to a Chilean coastal area to avoid the high temperatures that were also being recorded in parts of neighboring Argentina.
Persons: Marcela Rodriguez, Andres Moncada, El, Nicolas Cortes, Sandra Maler Organizations: Reuters, Ocean, El Nino Locations: SANTIAGO, Chile's, Santiago, Argentine, Chilean, Argentina
"Given the transition in Argentina, we are handing the subject to the new government, which has indicated they want a deal," the Brazilian foreign ministry spokesman said. A European official with knowledge of the talks said Argentina was no longer open to finalizing the deal on Mercosur. Argentine negotiators who were due to travel to Brasilia for final push to close the deal canceled their trip, a Brazilian government trade official told Reuters. Officials wanted to wrap up agreements before Argentina's Milei takes office on Dec. 10, as he has criticized the trade deal that took two decades to negotiate. Argentina's incoming foreign minister, Diana Mondino, said it was important to sign the EU-Mercosur accord after she visited Brasilia last Sunday to meet Brazil's foreign minister.
Persons: Javier Milei, Milei, Diana Mondino, Anthony Boadle, Marcela Ayres, Lisandra, Matthew Lewis Organizations: European Union, Mercosur, Argentine, Reuters, EU, Milei, Diplomats, Thomson Locations: BRASILIA, Argentina, Mercosur, Brasilia, American, Brazil, Argentine, Belen, Madrid, Jorgelina, Rosario, Buenos Aires
"Given the transition in Argentina, we are handing the subject to the new government, which has indicated they want a deal," the Brazilian foreign ministry spokesman said. A European official with knowledge of the talks said Argentina was no longer open to finalizing the deal on Mercosur. Argentine negotiators who were due to travel to Brasilia for final push to close the deal canceled their trip, a Brazilian government trade official told Reuters. Officials wanted to wrap up agreements before Argentina's Milei takes office on Dec. 10, as he has criticized the trade deal that took two decades to negotiate. Argentina's incoming foreign minister, Diana Mondino, said it was important to sign the EU-Mercosur accord after she visited Brasilia last Sunday to meet Brazil's foreign minister.
Persons: Anthony Boadle BRASILIA, Javier Milei, Milei, Diana Mondino, Anthony Boadle, Marcela Ayres, Lisandra, Matthew Lewis Organizations: Reuters, European Union, Mercosur, Argentine, EU, Milei, Diplomats Locations: Argentina, Mercosur, Brasilia, American, Brazil, Argentine, Belen, Madrid, Jorgelina, Rosario, Buenos Aires
Cancer specialists said the treatments have saved the lives of thousands of patients with blood cancers. And, he said, “I haven’t seen a single one” develop a new T cell cancer. When patients’ T cells are engineered to make proteins that attack cancer cells, a virus helps slip new genes into T cell DNA. Even without chemotherapy or radiation, Dr. Maus added, patients with blood cell cancers are especially susceptible to developing other blood cell cancers. But Dr. DiPersio said, “it is more of a smoking gun.”The F.D.A.
Persons: Marcela V, Maus, John DiPersio, Louis, , , DiPersio, , . Maus Organizations: Massachusetts General Hospital, Washington University School of Medicine Locations: Massachusetts, St
BRASILIA, Nov 19 (Reuters) - Brazilian President Luiz Inacio Lula da Silva extended best wishes to the newly elected government in Argentina, without making direct mention of President-elect Javier Milei, who has previously criticized Lula and labeled him an "angry communist." Brazil will always be available to work together with our Argentine brothers," he wrote on Sunday on X, formerly Twitter. On Tuesday, leftist Lula had said that Argentina, the country's third-largest trading partner, should choose a president who supports democracy and the Mercosur trading bloc. He has also criticized the South American common market Mercosur and said Argentina would "follow its own path." He met with Brazilian Finance Minister Fernando Haddad in Brasilia earlier this year to discuss mechanisms to secure imports by Buenos Aires.
Persons: Luiz Inacio Lula da Silva, Javier Milei, Lula, Argentine, Sergio Massa, Fernando Haddad, Haddad, Marcela Ayres, Lisa Shumaker, Rosalba O'Brien Organizations: Twitter, Mercosur, Economy, Brazilian Finance, Reuters, Thomson Locations: BRASILIA, Argentina, Brazil, Argentine, Mercosur, Brasilia, Buenos Aires
RIO DE JANEIRO (Reuters) - Taylor Swift fans headed to her eagerly expected show in Rio de Janeiro on Sunday, the first concert since a fan died in sweltering conditions that led to a last-minute postponement of Saturday’s performance. Fans outside the Nilton Santos stadium were apprehensive after the previous night’s postponement but expected the show to go ahead. "There was the cancellation yesterday, I was a bit apprehensive about today, but I hope everything goes well. On the first night of Swift’s "The Eras Tour" in Rio on Friday, 23-year-old Ana Clara Benevides fell ill and later died in the hospital. Saturday’s postponement, which Swift announced just two hours before she was on stage, angered many fans who had already made the journey, some from different states and countries, to the stadium.
Persons: Taylor Swift, Nilton Santos, Iasmin Moreira Oliveira, Ana Clara Benevides, T4F, Swift, Victor Guimaraes, Sergio Queiroz, Marcela Ayres, Chris Reese Organizations: RIO DE, Reuters, Nilton, National Institute of Meteorology Locations: RIO DE JANEIRO, Rio de Janeiro, Rio, Brazil
BRASILIA (Reuters) - Brazilian President Luiz Inacio Lula da Silva extended best wishes to the newly elected government in Argentina, without making direct mention of President-elect Javier Milei, who has previously criticized Lula and labeled him an "angry communist." Brazil will always be available to work together with our Argentine brothers," he wrote on Sunday on X, formerly Twitter. On Tuesday, leftist Lula had said that Argentina, the country's third-largest trading partner, should choose a president who supports democracy and the Mercosur trading bloc. He has also criticized the South American common market Mercosur and said Argentina would "follow its own path." He met with Brazilian Finance Minister Fernando Haddad in Brasilia earlier this year to discuss mechanisms to secure imports by Buenos Aires.
Persons: Luiz Inacio Lula da Silva, Javier Milei, Lula, Argentine, Sergio Massa, Fernando Haddad, Haddad, Marcela Ayres, Lisa Shumaker, Rosalba O'Brien Organizations: Reuters, Twitter, Mercosur, Economy, Brazilian Finance Locations: BRASILIA, Argentina, Brazil, Argentine, Mercosur, Brasilia, Buenos Aires
A girl poses next to a photo of singer Taylor Swift, before a concert, following the death of a fan due to the heat during the first day concert, in Rio de Janeiro, Brazil, November 18, 2023. REUTERS/Pilar Olivares Acquire Licensing RightsRIO DE JANEIRO, Nov 19 (Reuters) - Taylor Swift fans headed to her eagerly expected show in Rio de Janeiro on Sunday, the first concert since a fan died in sweltering conditions that led to a last-minute postponement of Saturday’s performance. Fans outside the Nilton Santos stadium were apprehensive after the previous night’s postponement but expected the show to go ahead. Saturday’s postponement, which Swift announced just two hours before she was on stage, angered many fans who had already made the journey, some from different states and countries, to the stadium. Reporting by Sergio Queiroz, Writing by Marcela Ayres, Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.
Persons: Taylor Swift, Pilar Olivares, Nilton Santos, Iasmin Moreira Oliveira, Ana Clara Benevides, T4F, Swift, Victor Guimaraes, Sergio Queiroz, Marcela Ayres, Chris Reese Organizations: REUTERS, DE, Nilton, National Institute of Meteorology, Thomson Locations: Rio de Janeiro, Brazil, DE JANEIRO, Rio
[1/3] Juan Manuel Cepernic and his father Marcelo pose for a photo at Marcelo's home, in Rio Gallegos, Argentina, November 14, 2023. The Cepernics remain a Peronist family, three generations of the clan told Reuters, but their support for the movement has faltered. "Maybe a few will vote for Peronism," she said from her home in the province of Santa Cruz. Jorge's son Marcelo ran as the Peronist candidate for city mayor of Rio Gallegos that year and won, serving until 1987. Reporting by Lucinda Elliott in Buenos Aires and Horacio Cordoba in Rio Gallegos; Editing by Adam Jourdan and Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.
Persons: Juan Manuel Cepernic, Marcelo, Horacio Cordoba, Rights RIO, Catalina Cepernic's, Jorge, Juan Domingo Peron, Catalina, Peronism, Peron, Peron's, Sergio Massa, Javier Milei, I'm, Marcela Cepernic, Catalina's, Massa, Marcela, he's, Rio Gallegos, Cristina Fernandez de Kirchner, Nestor Kirchner, Juan Manuel, I'd, PERONISM, Jorge Cepernic, grandpa, Jorge's, Milei's, Victoria Villarruel, Lucinda Elliott, Adam Jourdan, Rosalba O'Brien Organizations: REUTERS, Rights, Peronist, Reuters, Economy, Peronism, Milei, Santa Cruz, Rio, Massa, Rio Gallegos, Thomson Locations: Rio Gallegos, Argentina, Argentina's, Patagonia, South America, Santa Cruz, Sunday's, Peronist, El Chalten, Santa Cruz province, Rio, Peronism, Buenos Aires
Fan dies at Taylor Swift show in sweltering Rio de Janeiro
  + stars: | 2023-11-18 | by ( ) www.reuters.com   time to read: +3 min
RIO DE JANEIRO, Nov 18 (Reuters) - A young Brazilian fan of U.S. singer Taylor Swift died in Rio de Janeiro on Friday night after falling ill inside the superstar's sweltering concert venue amid a record-breaking heatwave across large swathes of Brazil, prompting the government to mandate the provision of water during the tour. Swift said Benevides died "before my show" but Benevides' friends told local media that she became ill after the concert began. Swift is scheduled to perform in Rio on Saturday and Sunday followed by three shows in São Paulo between November 24 and 26. On Thursday, Rio's Christ the Redeemer statue welcomed Swift to town ahead of her first set of concerts. The more serious version is heat-stroke, when the body's core temperature goes above 105 degrees Fahrenheit (40.6 degrees Celsius).
Persons: Taylor Swift, Ana Clara Benevides, Nilton Santos, T4F, Salgado, Swift, Benevides, I'm, Flavio Dino, Wadih Damous, Rio's, Marcela Ayres, Gabriel Stargardter, Jason Neely, Diane Craft Organizations: RIO DE, Nilton, Hospital, Justice, Twitter, National Consumer, Thomson Locations: RIO DE JANEIRO, Brazilian, Rio de Janeiro, Brazil, Rio, São Paulo
The Cepernics remain a Peronist family, three generations of the clan told Reuters, but their support for the movement has faltered. "Maybe a few will vote for Peronism," she said from her home in the province of Santa Cruz. "I grew up in a Peronist family, and I'm planning to vote blank," Marcela, a retired school teacher, said from the ice cream parlor she now runs in El Chalten, a village in Santa Cruz province. He preferred not to disclose his planned vote, although he added, "I'd never vote for Milei in my life." When democracy was restored in 1983, everyone in the family supported the Peronist movement.
Persons: Lucinda Elliott, Horacio Cordoba RIO, Catalina Cepernic's, Jorge, Juan Domingo Peron, Catalina, Peronism, Peron, Peron's, Sergio Massa, Javier Milei, I'm, Marcela Cepernic, Catalina's, Massa, Marcela, he's, Juan Manuel Cepernic, Rio Gallegos, Cristina Fernandez de Kirchner, Nestor Kirchner, Juan Manuel, I'd, PERONISM, Jorge Cepernic, grandpa, Jorge's, Marcelo, Milei's, Victoria Villarruel, Horacio Cordoba, Adam Jourdan, Rosalba O'Brien Organizations: Horacio Cordoba RIO GALLEGOS, Peronist, Reuters, Economy, Peronism, Milei, Santa Cruz, Rio, Massa, Rio Gallegos Locations: Argentina, Argentina's, Patagonia, South America, Santa Cruz, Sunday's, Peronist, El Chalten, Santa Cruz province, Rio, Peronism, Buenos Aires
BRASILIA, Nov 17 (Reuters) - The Brazilian economy ended the third quarter in negative territory, central bank data showed on Friday, reversing a performance that had been surprisingly positive due to a booming farming sector. The IBC-Br index, a key predictor of gross domestic product (GDP), posted a seasonally adjusted 0.64% decline in the third quarter. The Finance Ministry last estimated a 3.2% gross domestic product (GDP) growth for this year after a robust first-half performance, a figure expected to be revised next week. Meanwhile, private economists surveyed weekly by the central bank project a 2.89% increase in GDP for this year. The September IBC-Br index was in line with a negative performance of the service sector, which accounts for roughly 70% of the country's activity, said Nova Futura economist Nicolas Borsoi.
Persons: Fernando Haddad, Nicolas Borsoi, Luiz Inacio Lula da Silva's, Marcela Ayres, Steven Grattan Organizations: IBC, Reuters, Finance, Finance Ministry, Nova Futura, Thomson Locations: BRASILIA, Brazilian
That happens to be the year the Met last put on a Spanish-language opera, and there’s something amusing in the fact that next to nothing in “Florencia,” which premiered in Houston in 1996, would have surprised an audience back then. You almost want to applaud the impressive, if perverse, achievement of a score that so thoroughly rejects all the galvanic musical developments since the early 1900s, when the opera is set. The action — hardly complex, but crowded — takes place aboard a steamboat in the Amazon rainforest. The passengers are on their way to hear the great diva Florencia Grimaldi sing at the Belle Époque opera house in Manaus, Brazil. There’s a swooning pair of young lovers, and a bickering married couple; a would-be Grimaldi biographer and a mystical narrator; oh, and Florencia, too, somehow unrecognized by everyone else and returning to Manaus in search of her lover, a butterfly hunter she lost long ago.
Persons: Catán, Giacomo Puccini, “ Florencia, Florencia Grimaldi, There’s, Grimaldi, Florencia, Marcela Fuentes, Gabriel García Márquez Organizations: Met, Belle Locations: , , Houston, Manaus, Brazil
She said ChatGPT helped her cut her launch timeline to about a month and see new possibilities for marketing. Here are three ways these small-business owners have experimented with AI to support their marketing strategies. In October, Alert used ChatGPT to help her conceptualize and organize an influencer event, so she didn't need to pay for an event planner. To help with user research, she asked ChatGPT for ideas about the types of users she might target. ChatGPTSmith said she likes to approach working through ideas with ChatGPT as if she's chatting with a colleague.
Persons: ChatGPT isn't, SBOs, , Candice Smith, Dion Lamar Mills, Smith, Marina Guastavino, ChatGPT, Guastavino, Marcela Rogante, ChatGPT Smith Organizations: Small, Service, French Press, French Press Public Relations
Brazil's central bank Governor Roberto Campos Neto, speaks at the ReutersNEXT Newsmaker event in New York City, New York, U.S., November 9, 2023. REUTERS/Brendan McDermid Acquire Licensing RightsNEW YORK, Nov 9 (Reuters) - Brazil's central bank chief Roberto Campos Neto on Thursday said any change to the country's fiscal target would raise concerns, following comments by President Luiz Inacio Lula da Silva casting doubt on the government's vow to erase a budget deficit. Since then, Finance Minister Fernando Haddad has broadly reaffirmed Brazil's commitment to "fiscal balance," but lawmakers involved in next year's budget bill are hinting heavily that they aim to loosen the zero-deficit target. In Thursday's interview, Campos Neto highlighted that Brazil has approved important reforms since the COVID pandemic, including an overhaul on consumption taxes, which passed the Senate on Wednesday, but acknowledged the uncertainty on fiscal policy. "And that influences a lot of the variables that are important for us when you make decisions in monetary policy," he reinforced.
Persons: Roberto Campos Neto, Brendan McDermid, Luiz Inacio Lula da Silva, Campos Neto, Lula, Fernando Haddad, Rodrigo Campos, Dan Burns, Marcela Ayres, Mark Porter, Brad Haynes, Nick Macfie Organizations: REUTERS, Reuters NEXT, Finance, Thomson Locations: New York City , New York, U.S, New York, Brazil
"The revenue service is already organizing the implementation of this minimum taxation on multinationals," she said in an interview on Wednesday. The revenue service did not immediately respond to a request for comment. It advocates that this mechanism will ensure that large multinational companies pay a minimum 15% tax on their profits in all jurisdictions where they operate to deter profit-shifting to tax-favorable locations. The OECD estimates that the global minimum tax, already under way in countries including South Korea and Japan, could generate up to $200 billion in additional annual revenue. She also said Brazil aims to go further in the global tax discussion to reduce differences between advanced and emerging economies and to promote the green agenda.
Persons: India Narendra Modi, Luiz Inacio Lula da Silva, Joe Biden, Rishi Sunak, Kenny Holston, Tatiana Rosito, Maria Carolina Sampaio, GVM, Rosito, Marcela Ayres, Bernardo Caram, Matthew Lewis Organizations: U.S, UK, Rights, Finance, Reuters, Organization, Economic Cooperation, Development, OECD, International Monetary Fund, Thomson Locations: India, Brazil, New Delhi, Rights BRASILIA, South Korea, Japan, United States, Rosito, Brasilia
The bank's rate-setting committee, known as Copom, unanimously reduced its Selic benchmark interest rate to 12.25%, a move expected by all 40 economists polled by Reuters. However, despite its expectation of keeping its pace of rate cuts, the bank mentioned an "adverse" global outlook that "requires caution on the conduct of monetary policy." The prospect of higher long-term U.S. interest rates has led to a tightening of global liquidity and strengthening of the dollar, adding to inflation pressures in emerging markets like Brazil. In its statement, the central bank also highlighted the persistence of elevated core inflation in several countries, alongside emerging geopolitical tensions following the outbreak of the Israel-Palestine conflict. The inflation target for the upcoming year and beyond stands at 3%, with the same tolerance interval.
Persons: Daniel Cunha, Luiz Inacio Lula da, Lula, Marcela Ayres, Diane Craft Organizations: Reuters, Thomson Locations: BRASILIA, Brazil, Israel, Palestine
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