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☆ Opinion: Half measures won’t work. What Gaza needs is a Marshall Plan
▼ + stars: | 2024-03-31 | by ( Opinion Zaher Sahloul | ) edition.cnn.com time to read: +9 min

In one tragic instance, several people were killed when a pallet bearing food aid plummeted from the sky and landed on top of them. But in terms of the sheer scale of the misery I have witnessed, there has been nothing to compare to Gaza. Palestinian children in Rafah wait to receive food distributed by a charity kitchen amid severe food shortages of food supplies. In fact, many children in Gaza have diarrhea due to the lack of clean water and poor sanitation. This picture taken from Israel's southern border with the Gaza Strip shows parachutes of humanitarian aid dropping over the besieged Palestinian territory in late March.

Persons: Zaher, Khan Yunis, I’ve, Biden, Samantha Power, Mohammed Salem, Khan Younis, kneeled, Mohammed Abu Shahla, Mohammed, Lama, Jack Guez, Abdallah Organizations: CNN, Hamas, Getty, UN, Marshall Plan, Marshall, US, USAID, Reuters, Nasser Hospital, Gaza Locations: Gaza, United States, Khan, Israel, AFP, Washington and New York, Europe, Israeli, Rafah, Israel's, Palestinian

☆ Trump’s View of America and the World Is Nothing New - The New York Times
▼ + stars: | 2024-02-29 | by ( David Brooks | ) www.nytimes.com time to read: +2 min

He seems to have been a very good father, but his political worldview was predicated on a deep pessimism. The Republican Party in the 1920s, ’30s and early ’40s was steeped in pessimism, and that pessimism showed up as it often does: as nativism, isolationism and protectionism. As World War II loomed, Senator Gerald Nye urged the passage of several neutrality acts to keep us from exporting arms to warring nations and opposed Lend-Lease to Britain. That version of the Republican Party ended in 1952, when Dwight Eisenhower defeated Taft for the Republican presidential nomination. Howard Buffett was so dismayed by the outcome that he refused to endorse Ike, his party leader.

Persons: I’ve, Warren Buffett’s, Howard Buffett, Franklin Roosevelt, George Marshall, Buffett, Johnson, Gerald Nye, Robert Taft, Dwight Eisenhower, Taft, Ike Organizations: Democrats, Republican Party, Reed, Lease, United States, Marshall Plan, NATO, World Bank, Republican, John Birch Society Locations: Nebraska, United States, Britain, America

☆ Gaza Post-War Reconstruction Estimated at $20 Billion: UN Trade Body
▼ + stars: | 2024-02-15 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

GENEVA (Reuters) - Gaza will need a new "Marshall Plan" to recover from the conflict between Israel and Hamas, a U.N. trade body official said on Thursday, adding that the damage from the conflict so far amounted to around $20 billion. Speaking on the sidelines of a U.N. meeting in Geneva, Richard Kozul-Wright, a director at trade body UNCTAD, said the damage was already four times that endured in Gaza during the seven-week war in 2014. "We are talking about around $20 billion if it stops now," he said. Kozul-Wright said the estimate was based on satellite images and other information and that a more precise estimate would require researchers to enter Gaza. War in Israel and Gaza View All 209 ImagesThe reconstruction will require a new "Marshall Plan", he said, referring to the U.S. plan for Europe's economic recovery after World War Two.

Persons: Richard Kozul, Wright, Kozul, Emma Farge, Gabrielle Tetrault, Farber, Toby Chopra Organizations: Hamas, UNCTAD Locations: GENEVA, Gaza, Israel, Geneva, U.S

☆ Why Domicide Should Be a Crime Against Humanity - The New York Times
▼ + stars: | 2024-01-29 | by ( Balakrishnan Rajagopal | ) www.nytimes.com time to read: +9 min

Opinion Domicide: The Mass Destruction of Homes Should Be a Crime Against HumanityThe widespread or systematic destruction of homes has long been a feature of modern warfare. We all understand that killing can be a murder, a war crime, a crime against humanity or an act of genocide, depending on the gravity and intention of the act. Indeed, what has happened to homes and lives in Gaza is a stand-alone crime: domicide. There is precedent for updating what we legally define as international crimes. Accountability for domicide in Gaza cannot stop with potential criminal prosecutions or declaratory judgments by courts someday in the future.

Persons: Yaqeen Baker, It’s, I’ve, Israel, Enshrining Organizations: West Bank, Israel, United, International Court of Justice, General Assembly, Marshall Locations: Jabalia, Gaza, Aleppo, Grozny, Myanmar, Canada, Syria, United Nations, Dresden, Rotterdam, Mariupol, Israel, Hiroshima, Geneva, Rome, domicide, United States

When the water taps run, she says, "I have to choose between taking a shower or preserving my water supply.'' The water taps determine the rhythm of life in Mayotte, an island territory of about 350,000 people northwest of Madagascar. But even without drought, Mayotte's water system wasn’t capable of fulfilling local needs. The local water union blames the water rationing on lack of production capacity, not lack of water. But Mayotte’s water crisis underlines inequalities and often awkward relationships between the central government in Paris and former colonies that remain part of France.

Persons: ”, Philippe Vigier, Ben Issa Ousseni, “, Cyril Castelliti Organizations: European Union, Overseas Affairs, ., Local, Mayotte 1ère, AP Locations: Mayotte, Labatoir, Madagascar, Comoros, Combani, France, Paris, ___

☆ Adidas Sambas Became This Year’s Unlikely Hit Sneaker
▼ + stars: | 2023-11-01 | by ( Trefor Moss | ) www.wsj.com time to read: 1 min

This year’s must-have sneaker is a shoe so old it was launched in the former West Germany while the U.S. was still enacting the Marshall Plan. Ever since its invention as a soccer shoe in 1950 and subsequent evolution into a casual sneaker, the Adidas Samba has drifted in and out of fashion, without ever quite going away.

Organizations: Adidas Locations: West Germany, U.S

☆ Retro Sambas Help Adidas Forge a Future Without Kanye
▼ + stars: | 2023-11-01 | by ( Trefor Moss | ) www.wsj.com time to read: 1 min

Organizations: Adidas Locations: West Germany, U.S

[1/2] Performers dance to welcome Vietnam's President Vo Van Thuong at Beijing Capital International Airport ahead of the Third Belt and Road Forum in Beijing, China, October 17, 2023. The conciliatory approach towards rivals as well as China's partners in the developing world comes as President Xi Jinping gets to grips with the most significant domestic economic problems seen in years. China has not changed its tone on every issue. It has not backed away from escalating maritime confrontation with the Philippines in the South China Sea. Stabilizing the U.S. relationship, including with a meeting between Xi and U.S. President Joe Biden at an upcoming Asia- Pacific summit, could give China breathing room.

Persons: Vo Van Thuong, Parker, Biden, Xi Jinping, Noah Barkin, Barkin, Cheng Lei, Xi, Chuck Schumer, Willy Lam, Huiyao Wang, Qin Gang, Li Shangfu, Joe Biden, Donald Trump, Zack Cooper, Don Durfee, Robert Birsel Organizations: Beijing Capital International, Forum, U.S, Initiative, Jamestown Foundation, for, Marshall, American Enterprise Institute, Washington, Thomson Locations: Beijing, China, San Francisco China, HONG KONG, WASHINGTON, Sri Lanka, United States, Asia, Europe, Australia, U.S, Zambia, Philippines, South China, Africa, for China

Hailed by Xi as a “project of the century,” the BRI has emerged as a glaring symbol of China’s rise as a global power. Chinese investment in BRI projects has tapered off as the world’s second-biggest economy slows. The opening ceremony of Cambodia's Morodok Techo National Stadium, funded by China's Belt and Road Initiative, in Phnom Penh on December 18, 2021. Later that year, Xi pledged that China would not build any new coal-fired power projects abroad. The BRI has also spurred other countries to increase their own efforts toward supporting infrastructure projects in the developing world.

Persons: Russia’s Vladimir Putin, Xi Jinping, Xi, –, Cambodia's, Lon Jadina, William & Mary, Marshall, China, ” Organizations: Beijing CNN, Initiative, China's, Getty, BRI, Boston, Global, Policy, William &, Marshall Plan, Global Development Policy Center, World Bank, Global Development, United Arab, European Union Locations: Beijing, China, Israel, Asia, Latin America, Africa, Europe, Ukraine, United States, Phnom Penh, AFP, Papua New Guinea, Kenya, Sri Lanka, West Africa, America, Southeast Asia, Hambantota, Saudi Arabia, United Arab Emirates, France, Germany, Italy, East

☆ Ford CEO says UAW holding labor deal 'hostage' over fate of battery plants
▼ + stars: | 2023-09-29 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

"The UAW is holding the deal hostage over battery plants," Farley said, and claimed a "bad deal" could threaten financial viability of some U.S. vehicle production. On Monday, Ford said it had paused work on its $3.5 billion Marshall, Michigan battery plant that will use technology licensed from Chinese battery company CATL (300750.SZ), citing concerns about its ability to operate competitively. In 2022, Congress passed the Inflation Reduction Act (IRA) barring $7,500 in future consumer EV tax credits if any battery components are manufactured or assembled by a "foreign entity of concern." Ford is awaiting guidance to determine if batteries produced by the Marshall plant would meet the requirements. Republican lawmakers have been probing Ford's battery plant plan for months over concerns it could send U.S. tax subsidies to China and leave Ford dependent on Chinese technology.

Persons: Jim Farley, Rebecca Cook, Farley, Shawn Fain, Ford, Marshall, Janet Yellen, Jennifer Granholm, David Shepardson, Chris Reese, David Gregorio Our Organizations: Ford Motor, North American, REUTERS, Rights, Ford, United Auto Workers, U.S . Treasury, UAW, Energy, Republican, Thomson Locations: Detroit , Michigan, U.S, Michigan, Marshall, China

☆ Ford pauses work on $3.5 billion battery plant in Michigan
▼ + stars: | 2023-09-25 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

[1/4] Ford Motor Company Chief Executive Bill Ford announces Ford will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan U.S., February 13, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsSept 25 (Reuters) - Ford Motor (F.N) said Monday it has paused work on a $3.5 billion battery plant in Michigan, citing concerns about its ability to competitively operate the plant. The announcement comes as Ford has repeatedly upped its offer to the United Auto Workers union in contract talks. Republicans in Congress have been probing Ford's battery plant plan in Marshall, Michigan, using technology from CATL (300750.SZ), the world's largest battery maker. Ford has been awaiting guidance to determine if batteries operated by the Marshall plant would run afoul of the requirements.

Persons: Bill Ford, Ford, Rebecca Cook, Joe Biden, Marshall, David Shepardson, Nick Zieminski Organizations: Ford Motor Company, Amperex Technology, Romulus , Michigan U.S, REUTERS, Ford, United Auto Workers, UAW, Detroit Three, Republicans, Marshall, Thomson Locations: Marshall , Michigan, Romulus , Michigan, Michigan, CATL

☆ Opinion | What I Learned in Ukraine
▼ + stars: | 2023-07-23 | by ( Bret Stephens | ) www.nytimes.com time to read: +3 min

I learned that every member of the American Embassy staff in Kyiv, led by our courageous and cleareyed ambassador, Bridget Brink, volunteered for the duty. I learned what it was like to sit in conference rooms and walk along corridors that would soon be shattered by Russian ordnance. I learned that Ukrainians have no interest in turning their victimization into an identity. I learned that, for all the aid we’ve given Ukraine, we are the true beneficiaries in the relationship, and they the true benefactors. NATO countries are paying for their long-term security in money, which is cheap, and munitions, which are replaceable.

Persons: Bridget Brink, general’s, Samantha Power, Power, Anatoliy Fedoruk, ”, aren’t, Ben Wallace, Britain’s Organizations: American Embassy, Marshall, United States Agency for International Development, Port Authority, Serbian, NATO Locations: Kyiv, Odesa, Belgrade, Kosovo, Bucha, Moscow, Budapest, Russia, Minsk, Ukraine

☆ Leaders Seek Green Marshall Plan for Poor Nations
▼ + stars: | 2023-06-23 | by ( Matthew Dalton | Stacy Meichtry | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/leaders-seek-green-marshall-plan-for-poor-nations-71e44e2d

Persons: Dow Jones

☆ Opinion | Why This Economist Wants to Give Every Poor Child $50,000
▼ + stars: | 2023-06-23 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +51 min

What you’ve got to do to get more money from wealth is just let your money go out there and make money on its own. darrick hamiltonYeah, the extent to which our tax code incentivizes wealth and capital growth, it centers on existing wealth and capital growth. $50,000 to the most wealth-poor person seems like a big number, but we need to put that number in context. In other words, wealth begets more wealth, and wealth builds upon itself. ezra kleinI think that’s a great place to end, so I’ll ask our final question.

Persons: ezra klein, we’ve, We’ve, Darrick Hamilton, Biden Sanders, Bernie Sanders, Cory Booker, Ayanna Pressley, darrick hamilton, hamilton, you’re, ezra klein There’s, you’ve, that’s, Thomas Piketty’s, it’s, there’s, ezra klein I’m, —, ezra klein We’ve, Bill Gates, Elon, Ezra, Ira Katznelson, Crow, Bill, hasn’t, who’s, I’ve, they’re, ezra klein Let’s, darrick hamilton Naomi Zewde, wouldn’t, Let’s, darrick hamilton Ezra, darrick hamilton I’m, Arthur Lewis, Natalie Diaz, ” Natalie, ezra klein Darrick Hamilton Organizations: The New School, Biden, Task Force, Marshall, Black, Washington D.C, Federal Government, SEED, Oklahoma, Social, Social Security Locations: Hamilton, United States, Prosperity, America, Europe, Tulsa , Oklahoma, Connecticut, Washington, —, hamilton

☆ At recovery summit, UK's Sunak to unveil major Ukraine support
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +3 min

At the beginning of the two-day Ukraine recovery conference in London, Sunak will outline a package which will also include 240 million pounds ($306 million) of bilateral assistance and an expansion of British International Investment in Ukraine. "I'm proud that today we're announcing a multi-year commitment to support Ukraine's economy, and over the next three years, we will provide loan guarantees worth $3 billion." The United States is also expected to set out "a new, robust" assistance package for Ukraine on Wednesday. His office said he would also launch the London Conference Framework for War Risk Insurance at the summit and that some major companies had already signed up to the so-called Ukraine Business Compact, a statement of support for Ukraine's recovery. ($1 = 0.7851 pounds)Reporting by Elizabeth Piper Editing by Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Volodymyr Zelenskiy, Rishi Sunak, Sunak, Ajay Banga, Elizabeth Piper, Alexandra Hudson Organizations: British, Presidential Press Service, REUTERS, Bank, British International Investment, World Bank Group, Ukraine, Wednesday, Insurance, World Bank, European Commission, United Nations, Alexandra Hudson Our, Thomson Locations: Hiroshima, Japan, Ukraine, London, Britain, Russia, United States, Ukrainian

The World Bank estimates Ukraine's reconstruction will cost $411 billion, three times the country's gross domestic product. Since Russia's invasion in February 2022, external backers have poured $59 billion into Ukraine for financing needs. "If you have to rebuild, it is logical to rebuild green in line with new technologies... Our vision is to build a 50 million tonnes green steel industry in Ukraine," he told Reuters. To help raise $20-$40 billion in initial funding, Ukraine plans a coalition of industry, public and private sector stakeholders to develop the plan, including doing initial scoping work on projects. "Ukraine's bravery on the battlefield must be matched by the vision of the private sector to help the country rebuild and recover," Sunak will say.

Persons: Pavel Klimov, Rostyslav, Volodymyr Zelenskiy's, Shurma, Rishi Sunak, Matteo Patrone, Ayomide Mejabi, Elisa Martinuzzi, Frances Kerry Organizations: Bank, Reuters, British, Ukraine, Ukrainian Development Fund, BlackRock, European Bank for Reconstruction, London, Republican, Democratic, Russia, NATO, JPMorgan, Jorgelina, Thomson Locations: Ukraine, Russia, Mariupol, Europe, Ukrainian, London, Britain, Rosario

In doing so they should deploy the financial innovation which helped to halt the Latin American debt crisis of the 1980s: Brady bonds. It requires a 21st-century Marshall Plan led by America and joined by European allies. For example, the European Bank for Reconstruction and Development has 520 projects in Ukraine and will play an important ongoing role. Specifically, the government in Kyiv should investigate an equivalent to the Brady bonds. For Ukraine to benefit from similar relief, the U.S. Treasury and other key finance ministries should back new Brady bonds.

My family budget has a line item for my income: my paid work as a writer, and my unpaid work as a mom. This budgeting strategy gives my unpaid labor value — it recognizes that I work 12-14 hours a day. This unpaid labor balances out in the expense column, so there's no positive cash flow from it, but it appears on the budget anyway. If stay-at-home parents spoke up more about our monetary value, we might be more accurately seen as aggressively employed. Maybe the judgments would subside if we spoke up more about the monetary value of unpaid childcare, starting at home with our personal budgets.

☆ As Ukraine plans its recovery, a climate group has a seat at the table
▼ + stars: | 2022-10-25 | by ( Nidhi Sharma | Nidhi Sharma Is An Associate Producer With The Nbc News Climate Unit. | ) www.nbcnews.com time to read: +5 min

These are goals that the group says would put Ukraine in a position to no longer be dependent on fossil fuels. In rebuilding, the nation must decide whether it wants to return to fossil fuels, or build a cleaner, greener economy, Ustenko said. For some climate activists, Russia’s war in Ukraine has served as a call to action in a decadeslong climate emergency. Romanko said many nations have failed to do what is necessary: halt the use of all fossil fuels, as quickly as possible. She cited the plans released in March by the International Energy Agency to cut reliance on Russian fossil fuels, and fossil fuels overall, in 10 steps; no government has implemented these strategies, she said.

☆ Ukraine's 'Marshall Plan': Berlin gathering weighs $750 billion rebuilding
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Oct 25 (Reuters) - National leaders, development experts and CEOs gather in Berlin on Tuesday for a conference on what its hosts say must be a "Marshall Plan" to rebuild Ukraine after Russia's invasion, now entering its ninth month. The conference, hosted by German Chancellor Olaf Scholz and the European Commission, will not involve concrete pledges of cash towards the estimated $750 billion reconstruction cost, a task the hosts compared in scale to the United States' Marshall Aid programme for rebuilding Europe after World War Two. While one should always be cautious with historical comparisons, this is no less than a Marshall Plan for the 21st century," they wrote. "Putin's war has welded our countries together," he told the forum. Register now for FREE unlimited access to Reuters.com RegisterReporting by Thomas Escritt Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Ukraine needs Marshall Plan approach to rebuild, says German lobby
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: +2 min

BERLIN, Oct 24 (Reuters) - A German lobby group representing companies with interests in eastern Europe has called for a plan to rebuild Ukraine that would mirror the Marshall Plan that helped Europe recover from World War Two, the media group RND reported. The 20-page "Rebuild Ukraine" dossier covering topics from industry to agriculture and energy will be discussed at a Ukraine-Germany business forum in Berlin on Monday, attended by German Chancellor Olaf Scholz and Ukrainian Prime Minister Denys Schmyhal. In an opinion piece in German business newspaper FAZ on Sunday, Scholz and European Commission President Ursula von der Leyen made a similar call for a "new Marshall Plan for the 21st century" for Ukraine. The lobby group's dossier called for each European country involved in efforts to rebuild Ukraine to nominate a coordinator to an advisory board to liaise with Ukraine's government. German companies should be given incentives to invest in Ukraine just as the Marshall Plan, which was a U.S. initiative, encouraged investment in West Germany after World War Two, the lobby group's chair Michael Harms said.

☆ Jeffrey Katzenberg is done with media after 'riding that Quibi rocket ship into the ground.' Here's why he's betting on cybersecurity and VPNs.
▼ + stars: | 2022-10-12 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +13 min

Katzenberg, a co-founder of DreamWorks and former chairman of Walt Disney Studios, founded another high-profile media venture, Quibi, in 2018. Jeffrey Katzenberg: Our areas of focus when we started were software as a service, best-in-class digital technology, and consumer technology. And then we recognized that digital media wasn't actually going to be successful for us, or frankly for anybody else. What's your outlook at the moment for traditional media companies, big tech, and streaming? What's the right sequencing, what's the right windowing, where's the greatest value creation coming for all parties involved — that's the testing that's going on.

☆ JPMorgan CEO Jamie Dimon: 'Why can't we get it through our thick skulls?' America boosting oil and gas production is 'not against' climate change
▼ + stars: | 2022-08-14 | by ( Hannah Towey | ) www.businessinsider.com time to read: +3 min

JPMorgan CEO Jamie Dimon spoke to wealthy clients on a call Tuesday, Yahoo Finance reported. The call touched on various topics, including climate change and the odds of a recession. He said US natural gas production does not conflict with the reduction of greenhouse gas emissions, according to the outlet. The problem with that is because of high oil and gas prices, the world is turning back on their coal plants. "Why can't we get it through our thick skulls, that if you want to solve climate [change], it is not against climate [change] for America to boost more oil and gas?"

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