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Raul Rubiera | Miami Herald | Getty ImagesWhen Carolyn Lamb saw news of Cuban spy Victor Manuel Rocha's arrest on the news last December, she recognized him immediately. The lower the value of the claims, the less the Cuban government would have to pay in any future negotiated settlement. Ashby assumed Rocha's paranoia about eavesdropping was in response to the George W. Bush administration's opposition to the Cuba claims buying business. But according to the Justice Department, by that point Rocha was already in his third decade as a Cuban agent. File photo of former US ambassador to Bolivia, Manuel Rocha, talking to the press on the 11th of July 2001.
Persons: V, Manuel Rocha, Steel Hector, Davis, Raul Rubiera, Carolyn Lamb, Victor Manuel Rocha's, Rocha, Lamb, Lamb's, Castro, Justin Solomon, CNBC Castro didn't nationalize, of Rocha, Fidel Castro's, It's, Jason Poblete, Poblete, John Kavulich, Sears Roebuck, Timothy Ashby, Ashby couldn't, Ashby, George W, Bush, Little, Covert, Gonzalo Espinoza Organizations: Miami Herald, Steel, Cuban, US State Department, National Security, Cuban Telephone Company, " Beverage Company, CNBC, Pepsi, General Electric, Century Fox, Cuba Trade, Economic Council, Justice Department, Citizen, State Department, National Security Council, DOJ, Cubans, FBI, AFP, Getty Locations: America, Omaha, Bolivia, Cuba, Havana, United States, Cuban, Rocha, Columbia, Dominican Republic, Honduras, Mexico, Argentina, Miami, Chile
RFK Jr. is set to announce Nicole Shanahan, a Silicon Valley lawyer, as his VP pick. She's contributed thousands of dollars to Democratic candidates since 2018. A Silicon Valley lawyer and philanthropist, Shanahan is currently the president of Bia-Echo, a private foundation that funds programs related to women's reproductive longevity, criminal justice reform, and the environment. Khanna, whose district encompasses much of Silicon Valley, has received $17,800 from Shanahan since 2019. Here are all of the federal Democratic candidates and groups who have received money from Shanahan since 2018:Advertisement
Persons: Nicole Shanahan, She's, Pete Buttigieg, Marianne Williamson, Ro Khanna, , Robert F, Kennedy Jr, Shanahan, Sergey Brin, Kennedy, Abigail Spanberger, Alexandria Ocasio, Cortez, Shanahan's, Joe Biden, Khanna, he'd, Williamson, Michelle Caruso, Cabrera, Ocasio Organizations: RFK Jr, Democratic, Service, Google, Rep, Biden Victory Fund, Democratic National Committee, Shanahan, Republican Locations: Bia, California, Virginia, Alexandria, Cortez of New York, Silicon Valley, Iowa
Michelle Caruso Cabrera: Ambition Is A Wonderful Thing
  + stars: | 2024-02-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMichelle Caruso Cabrera: Ambition Is A Wonderful Thing"It is OK to be ambitious." The CNBC contributor shares how ambition drove her to become the first Latina anchor at the network.
Persons: Michelle Caruso Cabrera Organizations: CNBC
Michelle Caruso-Cabrera: It Is OK To Be Ambitious
  + stars: | 2024-01-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMichelle Caruso-Cabrera: It Is OK To Be Ambitious"It's OK to ask for what you want." Caruso-Cabrera shares how she became the first Latina anchor at CNBC and what ambition means to her.
Persons: Michelle Caruso, Cabrera, Caruso Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Argentina's presidential election will impact on the global economyCNBC's Michelle Caruso-Cabrera joins 'Power Lunch' to discuss what the Argentine election means for the country and global economy.
Persons: Michelle Caruso, Cabrera Locations: Argentine
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Milken Institute's William LeeWilliam Lee, chief economist at the Milken Institute, and CNBC’s Michelle Caruso-Cabrera join 'Power Lunch' to give their takes on the latest with the meeting between the U.S.-China.
Persons: Milken, William Lee William Lee, CNBC’s Michelle Caruso, Cabrera Organizations: Milken Institute, U.S . Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors are still unsure about getting into China's market, says Milken Institute's William LeeWilliam Lee, chief economist at the Milken Institute, and CNBC’s Michelle Caruso-Cabrera join 'Power Lunch' to give their takes on the latest with the meeting between the U.S.-China.
Persons: Milken, William Lee William Lee, CNBC’s Michelle Caruso, Cabrera Organizations: Investors, Milken Institute, U.S . Locations: China
Mexico is the post-COVID winner, says Michelle Caruso-Cabrera
  + stars: | 2023-10-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMexico is the post-COVID winner, says Michelle Caruso-CabreraMichelle Caruso Cabrera, CNBC Contributor & MCC Productions CEO, joins the 'Fast Money' traders to discuss why she believe Mexico is poised for a boom and how the country benefited from COVID.
Persons: Michelle Caruso, Cabrera Michelle Caruso Cabrera Organizations: CNBC, MCC Productions Locations: Mexico, COVID
Why is a nation with ambitions to become the dominant economic power in the world doing so many things to blunt that potential? Xi vs. the CCPMost, though not all, China watchers point to Xi himself as the instigator of those recent changes. "China's private sector, previously the growth engine of the Chinese economy, is paying the consequences," he told CNBC. In addition, he said "in recent months, China's National Development and Reform Commission has set up a bureau especially for private sector development." They cite external factors for weakness in the Chinese economy, including U.S. tariffs, trade restrictions, sanctions, and the sluggish post-pandemic global economy.
Persons: Xi Jinping, Lintao Zhang, Orville Schell, Schell, Jinping, Yasheng Huang, Xi, Ryan Hass, Kevin Rudd, Rudd, Anne Stevenson, Yang, Stevenson, Jack Ma, Mikhail Gorbachev, Liu Pengu, Yang Fan, Zhang Xinyu, Liza Tobin, Eric Schmidt Organizations: Political, CPC Central Committee, of People, Getty, Center, U.S, China Relations, The Asia Society, CNBC, Chinese Communist Party, Communist, MIT Sloan School, CCP, China Center, Brookings, Foreign Policy, Oxford University, J Capital Research, Communist Party, Party, U.S ., Soviet Union, National, Reform, Marxist Locations: Beijing, China, New York, U.S, Australia, United States, U.S . Congress, USSR, Soviet Union
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina is in a heap of economic trouble, says Michelle Caruso-CabreraCNBC contributor Michelle Caruso-Cabrera joins 'Squawk Box' to discuss China's economic crisis, as the country grapples with a mounting debt crisis and investors ramp up calls for fiscal stimulus to boost the economy, what comes next, and more.
Persons: Michelle Caruso, Cabrera Organizations: China, Cabrera CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiden's exec. order on China is much more narrow than originally conceived: Michelle Caruso-CabreraCNBC contributor Michelle Caruso-Cabrera joins 'Squawk Box' to discuss the fallout from President Biden's executive order limiting U.S. overseas tech investment, what it means for U.S.-China relations, and more.
Persons: Michelle Caruso, Cabrera Organizations: Cabrera CNBC, U.S Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPres. Biden doesn't want U.S. investment dollars to help China's military: Michelle Caruso-CabreraCNBC contributor Michelle Caruso-Cabrera joins 'Squawk Box' to preview President Biden's expected executive order this week on curbing U.S. investment to China, citing national security and other concerns, the state of U.S.-China relations, and more.
Persons: Pres, Biden doesn't, Michelle Caruso, Cabrera, Biden's Organizations: Cabrera CNBC Locations: China, U.S
Judge Nicholas Garaufis denied the defendant's request for bail, deeming Chang a flight risk. the judge asked Chang's lawyer, Adam Ford. Hinting at his future defense, Chang's lawyer stated that although his client's signature is on the loan documents, it doesn't indicate he knew about the fraud. Judge Garaufis responded "I'm asking because I understand you have a master's degree from the University of London." Chang's lawyer stated that given the significance of the proceedings, it would be helpful for his client to have an interpreter.
Persons: Manuel Chang, Chang, Judge Nicholas Garaufis, Adam Ford, Ford, Hiral Mehta, Garaufis, Chang's, Judge Garaufis Organizations: Credit Suisse, UN, Prosecutors, Three Credit Suisse, University of London Locations: Brooklyn, South Africa, Mozambique, Manhattan, United States, Portuguese
China's weakening economy is in the spotlight
  + stars: | 2023-07-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's weakening economy is in the spotlightCNBC's Michelle Caruso-Cabrera joins 'Power Lunch' to report on the latest in U.S.-China relations.
Persons: Michelle Caruso, Cabrera Locations: U.S, China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWashington is overwhelmingly hawkish on China, says Michelle Caruso-CabreraCNBC contributor Michelle Caruso-Cabrera and Dewardic McNeal, Longview Global managing director, join 'Squawk Box' to discuss U.S.-China relations ahead of Treasury Secretary Janet Yellen's visit to China this week, and more.
Persons: Michelle Caruso, Cabrera, Dewardic McNeal, Janet Yellen's Organizations: Washington, Cabrera CNBC, Longview Global, U.S Locations: China
Doing business in China: Risks and benefits for U.S. companies
  + stars: | 2023-06-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDoing business in China: Risks and benefits for U.S. companiesMichelle Caruso-Cabrera, CNBC contributor joins 'Squawk Box' to discuss the 'thawing' relations between the U.S. and China, China's economic recovery, and more.
Persons: Michelle Caruso, Cabrera Organizations: CNBC, U.S Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S.-China relations are at the worst levels, says Silvercrest's Patrick ChovanecPatrick Chovanec, Silvercrest Asset Management economic advisor, and CNBC Contributor Michelle Caruso-Cabrera join 'Power Lunch' to discuss China politics as it intersects with Washington and Wall Street.
Persons: Silvercrest's Patrick Chovanec Patrick Chovanec, Michelle Caruso, Cabrera Organizations: U.S, Silvercrest, Management, CNBC, Wall Locations: China, Washington
Shares of online brokerages Futu Holdings and Up Fintech Holding were sharply lower on the Nasdaq Tuesday after they said they'll remove their apps from online stores on the Chinese mainland in response to "rectification requirements" from the Chinese Securities Regulatory Commission. Tencent -backed Futu will remove its Futubull app from app stores in China by May 19, and Up Fintech said it will remove its app, Tiger International, by May 18. Both companies said existing mainland Chinese customers will still be able to trade using the apps. Up Fintech said existing Chinese mainland clients will receive links for instructions on how to update and download the app going forward, while Futu gave a phone number for clients to call. The two Chinese firms stopped accepting mainland Chinese clients at the end of last year after the CSRC started inquiries regarding their cross-border operations, including providing cross-border securities services for domestic investors.
The judge ruled mostly in favor of CRF1, originally called the Cuba Recovery Fund. She said the High Court has jurisdiction, the debt was properly assigned to CRF, and that the former central bank is responsible. Yet she ruled that Cuba itself is not a guarantor of the debt, a win for the communist nation. "BNC was the Central Bank of Cuba and remains responsible for managing these unpaid Cuban debts," he said. Lawyers for CRF said the fund can now proceed to a trial to determine whether it can recover "the sovereign debt that in unequivocally owns.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPresident Xi is more powerful today than Mao ever was, says Dennis Unkovic of Meyer, Unkovic & ScottMichelle Caruso-Cabrera, a CNBC contributor, and Dennis Unkovic, partner at Meyer, Unkovic and Scott, join 'Power Lunch' to discuss the strength of China's global influence, U.S. manufacturing dependency on China and the fate of Taiwan.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailD.C. is starting to control outbound investments to China over Ukraine tensions, says Michelle Caruso-CabreraMichelle Caruso-Cabrera, CNBC contributor, joins 'Squawk Box' to discuss if the war in Ukraine could escalate, if companies will have to migrate out of China soon and more.
The trial ended last week, but it could be months before the judge, Sara Cockerill, renders judgement in the case of CRF vs Banco Nacional de Cuba & Cuba. Her decision is central to whether Cuba may finally be forced to pay back billions of dollars in unpaid debts. At one point the barrister for CRF cited a British property case regarding the lease of a fried fish shop. The question before the judge is of whether the fund has the right to sue Cuba. No matter how the judge rules, the Cuban government will still owe the money.
Understanding the ripple effects of China's spy balloon
  + stars: | 2023-02-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnderstanding the ripple effects of China's spy balloonMichelle Caruso-Cabrera, Council on Foreign Relations member, and Daniel Rosen, Rhodium Group founding partner, join 'Squawk Box' to discuss how investors should operate around the U.S. and China tensions.
The Cuban government and an investment firm are battling in a British court over decades-old debts racked up by the communist-run island nation. Kin Cheung | APIllegally recorded videos, chaotic protests and testimony from an imprisoned Cuban bank official marked the first week of a high-stakes trial in the UK High Court between Cuba and an investment fund. Adding to the intrigue: a court attendee who's a dead ringer for Raul Castro's son and Fidel Castro's nephew, Alejandro. Cuban officials say the man is just a press officer for the Cuban Embassy in the UK. Debt in distressDefaulted sovereign debt, like that of Cuba, trades on the secondary market.
The legal battle is over a portion of Cuba's unpaid commercial debt dating back to the 1980s. If they don't reach a deal, Cuba could then face yet another court fight over whether it finally has to pay. Because of the U.S. embargo against Cuba, American investors are prohibited from owning and trading Cuban debt, which frustrates some frontier-market hedge fund managers in the U.S. They argue that holding Cuban debt would better serve U.S. foreign policy interests because it would give Americans a seat at some future negotiating table. CRF, meanwhile, says in court filings that it first reached out to Cuba 10 years ago to settle the debt but were ignored.
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