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☆ Gen Z students lead pro-Palestine demonstrations while their Boomer professors see parallels to past protest eras
▼ + stars: | 2024-05-12 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +9 min

At Indiana University, protesters say they've been met with a militarized response from police. AdvertisementOn April 25, a day after Indiana University made a controversial change to its protest policies, students built an encampment on the school's Dunn Meadow. Isabella Volmert/AP PhotoShe joined the campus protests on April 25 alongside her husband, an IU staff member. From Vietnam to the Israel-Hamas WarWhen Dunn Meadow was established in 1969, official university policy dictated that overnight encampments were not allowed. AdvertisementThe Indiana University Police Department did not immediately respond to a request for comment from BI.

Persons: they've, —, Dunn, Pamela Whitten, Whitten, Barbara Dennis, Isabella Volmert, Dennis, Jia Wu, haven't, Z Bryce Greene, Greene, Jeremy Hogan Organizations: Indiana University, Service, Business, Indiana University's School of Education, Occupy, IU, New York Times, Columbia, City College of New, Hamilton Hall, Columbia University, Getty, College, Kent State University, Ohio National Guard, Indiana University Police Department, Palestine Solidarity Committee, Naval Surface Warfare, University, Indiana University's, Faculty, UNICEF Locations: Israel, Vietnam, Gaza, Dunn, Iraq, City College of New York, New York City, AFP, Kent, Palestine, Crane , Indiana, Indiana

☆ Israeli guards strapped wounded Palestinian detainees to their beds wearing diapers and fed them through straws, report says
▼ + stars: | 2024-05-11 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

Read previewAn Israeli detention center is subjecting Palestinians to abuse, strapping detainees down to their beds, blindfolding them, and holding them in diapers, a new CNN report alleges. It has been the site of abusive conduct against some of the 70 Palestinian detainees, three Israeli whistleblowers told CNN. One whistleblower told CNN that beatings were "not done to gather intelligence. In a field hospital, wounded detainees were strapped to beds, dressed in diapers, and fed through straws, CNN reported. In November, Business Insider's Alia Shoaib reported on graphic videos appearing to show IDF soldiers abusing Palestinian detainees in the West Bank.

Persons: —, Mohammed Al, Insider's Alia Shoaib, Adnan Al Organizations: Service, CNN, Business, Medical, Israel Defense Forces, Hamas, of Health, Guards, Shifa, Aqsa Martyrs Hospital, Anadolu, Getty, West Bank, BBC, Military Locations: Israel, Gaza, Aqsa, Deir Al Balah, Negev, al

CNN spoke to three Israeli whistleblowers who worked at the Sde Teiman desert camp, which holds Palestinians detained during Israel’s invasion of Gaza. Reports of abuse at Sde Teiman have already surfaced in Israeli and Arab media after an outcry from Israeli and Palestinian rights groups over conditions there. CNN has requested permission from the Israeli military to access the Sde Teiman base. The account tallied with details of a letter authored by a doctor working at Sde Teiman published by Ha’aretz in April. The structure, which resembles an animal pen, is located in the central area of the Sde Teiman compound.

Persons: Sde Teiman, ”, “, –, Ofer, Patrick Gallagher, Adnan al, Bursh –, Mohammed al, Ran, ” Dr, Mohammed Al, Shawish, abasement, “ You’d, Teiman, Ha’aretz, Israel, Ray, Tal Steiner, ” Steiner, – Ofer, West Bank –, Ibrahim Yassine, Abu Salah, Al, Barbara Arvanitidis, Tamara Qiblawi, Matthew Chance OSINT, Allegra Goodwin, Alex Platt, Abeer Salman, Ami Kaufman, Kareem Khadder, Mohammad Al Sawalhi, Carlotta Dotto, Lou Robinson, Mark Oliver, Tom James, Sarah Tilotta, Mark Baron, Julie Zink, Augusta Anthony Motion, Yukari Schrickel, Laura Smith, Eliza Mackintosh, Dan Wright, Matt Wells Editor’s, Matthew Chance, Al Hilou Organizations: Israel CNN —, CNN, Israel Defense Forces, Military, IDF, West Bank, Bosnian, Ahli Baptist Hospital, Social Media, CNN Al, “, Ha’aretz, for Human Rights, Nasser Hospital, Planet Labs PBC Planet, Planet Labs, Palestinian Red Crescent Society Locations: Israel, Gaza, Palestinian, Al, Ahli, Israel’s, “, London, Sde, Jerusalem

☆ The ‘outside agitator’ narrative has a long history
▼ + stars: | 2024-04-27 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +13 min

In these instances, and others, authorities have not offered many specifics about who the “outside agitators” are, how significant their numbers are or how they differentiated outsiders from university-affiliated protesters. “It seems to me that the ‘outside agitator’ claim is one to shift the focus away from the grievances of the students and their protest.”The emphasis on “outside agitators,” Morris says, detracts from the central issue that is driving students to protest: Israel’s war in Gaza. ‘Outside agitator’ trope has a long historyYou don’t have to look far back in history to find examples of the “outside agitator” narrative. “We want to say as clearly as possible - we welcome ‘outside agitators’ to our struggle against the ruthless genocide of Palestinians.”Still, the use of the term is more complicated than it seems. As pro-Israel politicians have amplified concerns around antisemitism, some supporters of students’ right to free expression have suggested “outside agitators” are undermining otherwise peaceful protests.

Persons: ”, Eric Adams, Kaz Daughtry, Gregory Fenves, Aldon Morris, Morris, aren’t, ” Morris, ’, detracts, Donald Trump, Trump, George Floyd, Jose Lusi Magana, —, Kathleen Fitzgerald, White, ” Fitzgerald, Bruce Solomon, Solomon, Martin Luther King Jr, “, Emory, Ayanna Pressley, Hank Johnson, Netanyahu, ” Alex Slitz, ” What’s Organizations: CNN, New York Police Department, Columbia University, New York University, New York City, NYPD, Fox, Emory University, University, Emory, Northwestern University, Associated, AP, White House, Washington D.C, Getty, Parkland, Civil Rights Movement, University of North, Southern Christian Leadership Conference, ”, Atlanta, Spelman College, Yale University, Chapel Hill, University of Texas Locations: Gaza, New York, York, ”, Washington, AFP, Oklahoma, Ferguson , Missouri, University of North Carolina, Mississippi, Brooklyn, Jackson, Miss, Birmingham, United States, Israel, Atlanta, Georgia, Columbia, Austin

☆ The US Army isn't ready to attack across rivers
▼ + stars: | 2024-04-13 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Yet if the US Army went to war tomorrow, it would lack the equipment, doctrine and experience to launch an attack across a defended river, according to one Army engineer. "The Army has not conducted such an operation since World War II," wrote Maj. Aditya Iyer, an Army engineer, in an essay for the Association of the United States Army. "The current wet-gap crossing doctrine, organization, materiel and leadership are ineffective for division-level wet-gap crossing operations independent from the corps," Iyer warned. "In contrast, the Ukrainian forces had accurate intelligence that showed the Russian troops massing along the river," Iyer said. Related storiesIndeed, the Army was unprepared for river crossings at the start of World War II.

Persons: —, Aditya Iyer, Iyer, Napoleon, Kevin Larson, Michael Peck Organizations: Service, US Army, Army, Association of, United States Army, Business, 74th Guards Motorized Rifle Brigade, Union Army, US 36th Infantry Division, 3rd Infantry, Company, 92nd Engineer Battalion, US, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukrainian, Russian, Fredericksburg, Italy, Ukraine, Afghanistan, Iraq, Russia, China, Eastern Europe, Forbes

And when Russia invades Ukraine, he immediately decided it was time for World Central Kitchen to step into a war zone. michael barbaroAfter the break, my colleague Adam Rasgon on what happened to the World Central Kitchen workers in that caravan. So Adam, what ends up happening to this convoy that our colleague Kim Severson just described from World Central Kitchen? adam rasgonSo what we know is that members of the World Central Kitchen had been at a warehouse in Deir al-Balah in the Central Gaza Strip. michael barbaroAnd so what is the reaction from not just World Central Kitchen, but from the rest of the world to this airstrike?

Persons: michael barbaro, ” I’m Michael Barbaro, Kim Severson, Adam Rasgon, Kim, kim, José Andrés, you’re, kim severson, tapas, He’s, severson, he’s, kim severson He’s, Hurricane Sandy, Hurricane Harvey, Maria, Hurricane Maria, José, he’d, Goya, couldn’t, Nobody, there’s, they’ve, — michael barbaro, Chef Olivier, We’re, we’ve, Michael Jordan, Adam, adam rasgon, Al Rashid, Israel, adam rasgon There’s, adam rasgon President Biden, —, David Cameron —, david cameron, adam rasgon —, benjamin netanyahu, adam rasgon — Benjamin Netanyahu, Herzi Halevi, WCK, rasgon, that’s, michael barbaro Adam, it’s Organizations: The New York Times, Hurricane, Army, Federal Emergency Management Agency, FEMA, National Guard, Kitchen, Central, Central Kitchen, Gaza, UN, Red Crescent, White, British, IDF, Jerusalem Bureau Locations: Gaza, Haiti, Spanish, America, Washington ,, New York, DC, Miami, Hurricane, Houston, Puerto Rico, José, Russia, Ukraine, Poland, Lviv, Israel, North Gaza, Great Britain, Asia, Central America, Deir al, Rafah, Palestine, Jerusalem, Cyprus

☆ Tougher Security Measures Are Causing Upset at Guantánamo Prison
▼ + stars: | 2024-04-02 | by ( Carol Rosenberg | ) www.nytimes.com time to read: +1 min

In a protest over tougher security measures at the Guantánamo Bay prison, a lawyer for the man accused of plotting the U.S.S. Cole bombing asked a judge on Tuesday to have the prisoner unshackled during legal meetings, invoking his torture by the C.I.A. Guards let the man, Abd al-Rahim al-Nashiri, meet his lawyers more than 150 times while he was unshackled from 2019 until late last year, said Lt. Cmdr. Now the change has re-traumatized the prisoner and impeded his lawyers’ ability to communicate and work with him. “We are asking to be in the room with him unshackled as we were for four and a half years,” Commander Piette said.

Persons: Cole, Abd al, Rahim, Cmdr, Alaric Piette, “, unshackled, Piette, Nashiri Organizations: Guards, ” Locations: Guantánamo

☆ Why ultra-Orthodox conscription could threaten Israel’s coalition
▼ + stars: | 2024-03-08 | by ( Mick Krever | ) edition.cnn.com time to read: +10 min

In Israel’s nascent days, Prime Minister David Ben-Gurion agreed with Haredi rabbis to exempt from military service 400 men studying in religious schools, or yeshivas. Now, those piecemeal attempts to maintain the Haredi exemption may be running out. When the government came to power in late 2022, forming the most right-wing coalition in Israel’s history, the Haredim sensed an opportunity. The Israeli military has had a significant number of soldiers wounded in Gaza and has instituted massive call ups. It’s no longer just politics.”A delicate momentSome in the Haredi political leadership, perhaps recognizing the delicate political moment, have been generally cautious in defining a position.

Persons: Benjamin Netanyahu’s, ” Yohanan Plesner, David Ben, Gurion, Israel –, Haredim, Knessets, IDI, Yoav Gallant, ”, Netanyahu, – Benny Gantz, –, ” Gantz, Plesner, ” Moshe Roth, Ofer Shelah, Yitzhak Goldknopf, Ari Kalman, “, doesn’t, Bnei Brak, Roth, Nechemia, it’s, It’s Organizations: CNN, Israel Democracy Institute, IDI, Israel’s, Institute for National Security Studies Locations: Israel, United States, United Kingdom, Gali Baharav, Gaza, Bnei

☆ UN agency accuses Israel of detaining, coercing staffers into false confessions about ties to Hamas
▼ + stars: | 2024-03-04 | by ( Jeremy Diamond | ) edition.cnn.com time to read: +5 min

Tel Aviv, Israel CNN —The UN agency for Palestinian refugees on Monday accused Israel of detaining and torturing some of its staffers, coercing them into making false confessions about the agency’s ties to Hamas. “Some of our staff have conveyed to UNRWA teams that they were forced to (make) confessions under torture and ill-treatment. These false confessions were in response to questioning about relations between UNRWA and Hamas and involvement in the 7 October attack against Israel,” UNRWA spokeswoman Juliette Touma said in a statement. UNRWA estimates that at least 4,000 Gazans have been detained by the Israeli military since the start of the war. According to the UNRWA report, some detainees reported being stripped, handcuffed and held in the cold with no access to toilets, food or water for over 24 hours.

Persons: Israel, Juliette Touma, Touma, ” Organizations: Israel CNN —, UN, UNRWA, UN Relief and Works Agency of, CNN, Agency, New York Times Locations: Tel Aviv, Israel, Gaza

☆ What to know about Kelsey Anderson, who might be the dark horse of this 'Bachelor' season
▼ + stars: | 2024-02-27 | by ( Olivia Singh | ) www.businessinsider.com time to read: +3 min

Kelsey Anderson has made a splash on season 28 of "The Bachelor." AdvertisementKelsey Anderson is establishing herself as a frontrunner for tennis pro Joey Graziadei' s heart on this season of "The Bachelor." The 25-year-old is one of the 32 women chosen to compete on season 28 of ABC's hit reality TV show. AdvertisementShe's a junior project manager based in New OrleansKelsey Anderson on season 28, episode five of "The Bachelor." "The Bachelor" season 28 airs Mondays at 8 p.m.

Persons: Kelsey Anderson, —, Joey Graziadei, she's, Joey, Kelsey, She's, New Orleans Kelsey Anderson, ABC Kelsey, gifting Joey, Ryan Reynolds, Blake Lively Blake Lively, Dia Dipasupil, FilmMagic Reynolds, Lively, They've, BachelorNation.com, Michael Strahan Michael Strahan, Raymond Hall, Strahan, Kelly, Michael " Organizations: Service, ABC, Saint Leo University, Landmark Consulting, Comics, NFL Locations: New Orleans, Florida, Germany, Spain

BALTIMORE (AP) — A Baltimore County police officer is accused of using excessive force when he pepper sprayed a handcuffed man in the face and closed him inside a hot patrol car, even as the man repeatedly said he couldn’t breathe. A 19-year veteran of the Baltimore County Police Department, Small previously served in the Military Police, according to his attorney. “Like all citizens, Officer Small is entitled to the presumption of innocence,” attorney Brian Thompson said in an email. Small tried to slam the car door, but the man’s knee was in the way. It says the man started gasping, choking and calling for help while kicking the car door to get officers’ attention.

Persons: Zachary Small, Small, Brian Thompson, “, ” Small, yanking, Justin Graham, Moore, Jacob Roos, weren’t, didn’t, ” Organizations: BALTIMORE, Baltimore County Police Department, Military Police, Johns Hopkins Hospital, Officers, Baltimore, Baltimore City Locations: Baltimore

☆ Israeli Military Opens Probe Into Reports of Oct. 7 Friendly Fire Deaths
▼ + stars: | 2024-02-06 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +3 min

By James MackenzieJERUSALEM (Reuters) - Israel has begun investigating possible breaches of the law by its forces during the Hamas attack on Oct. 7, the military said on Tuesday, following reports some Israeli civilians may have been killed by friendly fire in the fighting. Once an investigation is completed, all materials would be handed over to the Military Advocate General's office, which would decide if there were grounds to open a military police investigation. "The IDF is committed to conducting a thorough review and investigation," the military said. Asked about the Be'eri incident, the Israeli military spokesperson, Rear Admiral Daniel Hagari said the army was still focused on fighting in Gaza but was preparing its investigation. "We will emerge on the other side strengthened and much better, and that is exactly what we need," he said.

Persons: James Mackenzie JERUSALEM, Daniel Hagari, General Herzi Halevi, Henriette Chacar, Howard Goller Organizations: Haaretz, Israel Defence Forces, IDF, Military, General Staff Locations: Israel, Be'eri, Gaza

☆ Another mysterious Russian plane crash raises more questions than answers
▼ + stars: | 2024-01-24 | by ( Analysis Tim Lister | ) edition.cnn.com time to read: +6 min

The Russian Defense Ministry said the plane was destroyed by an anti-aircraft missile system deployed in the area of Liptsy in Ukraine’s Kharkiv region, some 50 miles (80 kilometers) from where the plane came down. Another Ukrainian military source was quoted as claiming that the plane was carrying Russian missiles, not prisoners. Another puzzling element is that according to the Russian version of events, the Ukrainian PoWs were guarded by just three Russian personnel on board the plane (besides the crew.) But a large Russian military aircraft without anti-missile defenses approaching Belgorod – itself a frequent target of Ukrainian drones – would have been a tempting and valuable target for Ukraine. There’s been no visual evidence of the wreckage, and the Russian Defense Ministry has not responded to the claim.

Persons: CNN — It’s, Andrey Kartapolov, Maksym Kolesnikov, Dmytro Lubinets, “, There’s Organizations: CNN, Ukrainian, Russian Defense Ministry, Defense Ministry, Duma Defense, IRIS, Patriot, Ukrainian PoW Locations: Belgorod, Ukraine, Liptsy, Ukraine’s Kharkiv, Ukrainian, Sumy, Russian, Moscow, US, Russia, Bryansk, Olenivka, Donetsk, Belgorod –, Azov

☆ 8 shows like 'Reacher' to watch next while you're waiting for season 3
▼ + stars: | 2024-01-22 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

The series stars Alan Ritchson as Jack Reacher, a former military policeman who roams the US with a habit of stumbling onto criminal conspiracies, murder, and chaos. This story is available exclusively to Business Insider subscribers. It is based on Lee Child's "Jack Reacher" novels and has adapted 1997's "Killing Floor" and 2007's "Bad Luck and Trouble" so far. Although the second season has just finished airing, Ritchson is already back at work filming "Reacher" season three, so it won't be long before he's punching his way through a mystery again. AdvertisementBut until "Reacher" returns, there are plenty of shows to fill the man-mountain-sized hole left on our screens.

Persons: —, Alan Ritchson, Jack Reacher, Lee Child's, Ritchson Organizations: Service, Business

☆ What we know about 'Reacher' season 3, the action drama based on Lee Child's Jack Reacher books
▼ + stars: | 2024-01-20 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +5 min

AdvertisementBased on Lee Child's "Jack Reacher" books, Prime Video's "Reacher" series shows no signs of slowing down. But now that the second batch of episodes has come to a close, it's time to look ahead to "Reacher" season three. Advertisement'Reacher' season 3 might be a new adventure that doesn't tie into his pastAlan Ritchson as Jack Reacher in the "Reacher" season two finale. 'Reacher' season 3 has already started filming, so a release date might not be too far offAlan Ritchson as Jack Reacher in "Reacher" season two. AdvertisementAlan Ritchson will again lead the 'Reacher' season 3 castAlan Ritchson as Jack Reacher in "Reacher."

Persons: Alan Ritchson, Jack Reacher, —, Lee Child's, Shane Langston, Robert Patrick, Jack, he's, Ritchson, — he's, we've, Tom Cruise Organizations: Service, Amazon, ComicBook.com, We're Locations: America, Reacher

☆ Video shows man in military fatigues shooting mentally disabled Palestinian in West Bank
▼ + stars: | 2023-12-05 | by ( Kareem Khadder | Celine Alkhaldi | ) edition.cnn.com time to read: +3 min

CNN —A video reviewed by CNN Tuesday shows a man in military fatigues shooting and wounding a mentally disabled Palestinian near the occupied West Bank city of Hebron. “Anybody who meets Tarek can tell immediately he has special needs,” Diaa Abu Abed said. The soldiers refused to listen.”The men had their rifles aimed at Tarek Abu Abed, and shouting can be heard. Diaa Abu Abed said that an onlooker called him, and he arrived on the scene soon after. Tarek Abu Abed suffered heavy bleeding and has undergone surgery on his leg, his brother said.

Persons: Tarek Abu Abed, ”, Diaa Abu Abed, “, Tarek, Diaa, Abu Abed Organizations: CNN, CNN Tuesday, West, Israel Defense Forces, Military Police, Palestine Red Crescent Society, West Bank, Palestinian Ministry of Health Locations: West Bank, Hebron, Palestinian, Sidet, Palestine, Qalqas, Israel, Jerusalem

On Nov. 18, China’s Ministry of Public Security announced that authorities in northern Myanmar had handed over some 31,000 suspects. The Kokang Self-Administered Zone and the Wa Self-Administered Division both share a border with China and are heavily influenced by their bigger neighbor. The Ming family are not the only powerful Kokang families caught up in the drive. Wa police handed 194 Chinese nationals to Chinese authorities on Nov. 28, according to Wa's state media, Voice of Wa State. Others say that China is showing it won't tolerate the scams anymore, regardless of how powerful are the people behind them.

Persons: ”, Lu Jiantang, Jason Tower, Ming, Hu Xijin, ” Hu, Wei Qingtao, they’ll, ” Wei, Liu Zhengqi, Ming Xuechang, Kokang, Yin Masan, MNDAA, cyberscammers, Richard Horsey, “, Bai Suocheng, Li Kyar Wen, It’s, Wanqing Chen Organizations: China’s Ministry of Public Security, U.S . Congress, United States Institute of Peace, Communist Party, China’s Communist Party, CCTV, Global Times, of Public Security, Fully, Wa Construction Ministry, Wa Communist Party, Brotherhood Alliance, Arakan Army, Myanmar National Democratic Alliance Army, National Liberation Army, International Crisis Locations: BANGKOK, China, Myanmar, “, Wa, Kokang, Yunnan, Wa State, Shan, Arakan, cyberscams, Beijing

☆ China has more space to cut reserve ratio instead of interest rates, says ex-official
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: +2 min

Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. With interest rates and loan prime rates at low levels, there is more space to cut banks' reserve requirement ratio (RRR) than to cut interest rates, Sheng said. The central bank lowered the RRR in September for the second time this year to boost liquidity and support economic recovery. The weighted average RRR for financial institutions was around 7.4% after the cut. China is prudent in cutting interest rates as its monetary policy needs to consider internal and external balance, Sheng said.

Persons: Tingshu Wang, Sheng Songcheng, Sheng, Mei Mei Chu, Christopher Cushing Organizations: People's Bank of China, REUTERS, Rights, People's Bank of, Shanghai Securities, Thomson Locations: Beijing, China, Rights BEIJING, People's Bank of China, U.S

As of Wednesday, Israel had released 180 Palestinian prisoners and detainees and Hamas had released 81 hostages. Under Israeli law, children as young as 12 can be imprisoned for up to six months. Salman was one of the prisoners released on Friday, after serving almost eight of those nine years. Israeli military police guard the entrance to Ofer Israeli military prison, as Palestinian prisoners arrive from another Israeli prison, as part of an agreement between Israel and Hamas, on November 24. According to a report by Save the Children earlier this year, between an estimated 500 and 1,000 children are held in Israeli military detention each year.

Persons: CNN — Fatima Shahin, Israel, Shahin, hadn’t, ” Shahin, “, It’s, ”, isn’t, Ofer, Ammar Awad, B’Tselem, Khader Adnan, ” Adnan, Malak Salman, Salman, ” Fatima Salman, Malak’s, Itamar Ben Gvir, Ben Gvir, Ilia Yefimovich Organizations: CNN, West Bank, Israel Defense Forces ’ International Law Department, Israeli Information Center, Human Rights, Israel Prison Service, Israeli Ministry of Justice, Reuters, Geneva Convention, Islamic Jihad, UN, Palestinian, Israel Prison, Israeli National Security, Israel Police Locations: Bethlehem, Israel, Territories, Ramallah, Israeli, Jerusalem, Gaza

☆ China's money market shows signs of liquidity tightness towards month-end
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Tingshu Wang/File Photo Acquire Licensing RightsSHANGHAI, Nov 27 (Reuters) - Cash conditions in China's money market showed signs of tightness on Monday, as market participants grew cautious about month-end demand and a recent liquidity squeeze remained fresh in memory. The price of the benchmark seven-day repos traded in the interbank market, hit a high of 2.8% on Monday, the highest level since Oct. 31. Meanwhile, the borrowing cost of such repos for non-bank financial institutions was about 3.5%, according to traders. "Money that can help span the month-end has tightening bias, and it's expensive for non-banks," said a trader at a Chinese bank. NCDs has been a popular short-term debt instrument used by financial institutions in the interbank market for financing.

Persons: Tingshu Wang, repos, Liu Yu, NCDs, Kim Coghill Organizations: People's Bank of China, REUTERS, Rights, GF Securities, AAA, Reuters, Shanghai, Thomson Locations: Beijing, China

☆ China needs to unblock, sustain financial channels for private firms
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +4 min

Private firms, which account for 60% of China's gross domestic product and 80% of urban jobs, were hurt by three years of COVID curbs and a regulatory crackdown that targeted sectors from technology to private tutoring. Banking and financial institutions should set annual service targets for private enterprises, increase the weight of related businesses serving private enterprises in performance appraisal and gradually increase the proportion of loans to private enterprises, it said. China should also expand private firms' bond financing and guide financial institutions to expand the bond financing scale of private enterprises, according to the statement. China should back the listing, mergers and acquisitions, and reorganisation of private enterprises, including supporting qualified companies in going public overseas, it said. Fixed-asset investment by private firms fell 0.6% in January-September year-on-year, highlighting weak private sector confidence.

Persons: Tingshu Wang, Ryan Woo, Ziyi Tang, Kevin Yao, Christopher Cushing Organizations: People's Bank of China, REUTERS, Rights, Banking, Garden Holdings, HK, Bloomberg, Thomson Locations: Beijing, China, Rights BEIJING

☆ Soccer clashes, Taylor Swift fan death tarnish Rio de Janeiro ahead of G20
▼ + stars: | 2023-11-22 | by ( Gabriel Stargardter | ) www.reuters.com time to read: +4 min

TV images showed Rio state cops beating Argentina fans with truncheons as chairs rained down upon them. On Wednesday, the Brazilian Football Confederation (CBF) and Rio's state military police traded blame over arrangements for the mixed seating section of Brazil and Argentina fans where the trouble erupted. Rio's policing of high-profile soccer matches was already under scrutiny after the Copa Libertadores final this month. In October, three doctors enjoying a late-night beer along one of Rio's beaches were brutally murdered after being confused for rival gangsters. A few days later, militias set fire to dozens of Rio buses after police killed one of their bosses in an operation.

Persons: Ricardo Moraes, Taylor, Nilton Santos, Daniel Scioli, Luiz Inacio Lula da Silva, Gabriel Stargardter, Aurora Ellis Organizations: Soccer, Estadio Maracana, REUTERS, DE, Police, year's, Olympic Games, Nilton, Argentina, Brazilian Football Confederation, CBF, Copa Libertadores, Boca Juniors, Fluminense, Thomson Locations: Brazil, Argentina, Rio de Janeiro, DE JANEIRO, Maracana, Rio, Copacabana, India, Rio's

☆ Brazil vs. Argentina: Historic World Cup qualifier is overshadowed by violence and chaos at the Maracanã stadium
▼ + stars: | 2023-11-22 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —Brazil suffered its first ever home World Cup qualifying defeat on Tuesday, as Argentina earned a 1-0 win on a night of violence and chaos at the iconic Maracanã stadium. However, the match was overshadowed by violence in the stands which delayed the start of the World Cup qualifier. The Inter Miami forward first led his teammates over to the stand where the fighting was taking place and pleaded with both the police and Argentina fans – some of who were seen throwing ripped out seats at the security officials – for calm. “The truth is that this group continues to achieve historic things, once again,” Messi told reporters after the match, per Reuters. Wagner Meier/Getty ImagesThere are 18 rounds in South America’s World Cup qualifying system, with the top six teams progressing to the 2026 event while the seventh-placed country will go into the FIFA play-off tournament, which will involve six countries from other continents.

Persons: Nicolas Otamendi’s, Lionel Messi, –, Aston, Emi Martinez, Ricardo Moraes, Messi, “, ”, ” Messi, Lionel Scaloni, ” Scaolini, “ It’s, Fernando Diniz, Wagner Meier, CNN’s Duarte Mendonça Organizations: CNN, The Inter Miami, Aston Villa, Brazilian Football Confederation, FIFA –, CONMEBOL, CBF, RJ Military Police, Argentine, didn’t, Reuters, Argentina, Fluminense, Copa Libertadores, FIFA Locations: Argentina, Brazil

☆ China keeps lending benchmark rates unchanged, as expected
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +3 min

Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. The one-year loan prime rate (LPR) was kept at 3.45% and the five-year LPR was unchanged at 4.20%. Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages. The steady fixings came after the central bank kept its medium-term interbank liquidity rate unchanged last week. The LPR, which banks normally charge their best clients, is set by 18 designated commercial banks who submit proposed rates to the central bank every month.

Persons: Tingshu Wang, Julian Evans, Pritchard, Winni Zhou, Tom Westbrook, Sam Holmes Organizations: People's Bank of China, REUTERS, Rights, Capital Economics, Thomson Locations: Beijing, China, Rights SHANGHAI, SINGAPORE, United States, outflows

A fan died in the sweltering heat at Friday night’s show in Rio de Janeiro. Swift postponed her Saturday show until Monday, to the dismay of thousands of fans who had already started filling the stadium. The military police said a fan who was in Rio de Janeiro for the regularly scheduled concert on Sunday was stabbed to death earlier that morning. The fatality and other problems were a departure from the triumphant first leg of Ms. Swift’s Eras Tour, a career-spanning production that broke records in North America. As the tour’s second show in Rio de Janeiro approached on Sunday night, fans grappled with ruined travel plans, extreme heat and disappointment.

Persons: Taylor Swift, Swift, Anne Di Motta Organizations: Sunday Locations: Brazil, Rio de Janeiro, North America, São Paulo

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