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London CNN —Two of Europe’s biggest oil companies, Shell and TotalEnergies, are considering abandoning their stock exchanges for Wall Street in a move that would deal a hammer blow to London and Paris. Shares of TotalEnergies and Shell trade on a price-to-cash flow ratio of 4.7 and 5.2 respectively, compared with a ratio of 8.4 for Exxon Mobil (XOM) and 7.6 for Chevron (CVX). Alastair Syme, managing director of global energy equity research at Citi, says Shell and TotalEnergies have long traded at a discount. Investors would “be much more comfortable” buying European energy companies if they were part of the more valuable S&P 500 benchmark index of US equities, according to Syme. London languishesStill, the slightest hint that Shell may consider leaving London will have rattled the city’s beleaguered main stock exchange.
Persons: Britain’s Shell, France’s, Alastair Syme, Syme, Patrick Pouyanne, , , Wael Sawan, Sawan, London languishes, Chris Beauchamp, Shell, TotalEnergies, New York “ would’ve, ” Lindsey Stewart, Ben van Beurden, ” Syme Organizations: London CNN, Shell, CAC, Exxon Mobil, Chevron, Citi, CNN, Investors, Bloomberg, London Stock Exchange, Nasdaq, BP, Morningstar, Financial, Commodities Locations: London, Paris, New York, Chevron, Europe, United States, Switzerland,
CNN —Republican Rep. Marjorie Taylor Greene of Georgia is the new boss in town. Greene is intent on blocking funding to Ukraine — a massive blow to both NATO and the US’ own commitment to the post-World War II international order. This standoff demonstrates just how far the Republican Party has moved from the era of Ronald Reagan. Long before Greene, a growing number of Republicans began expressing increased skepticism toward international institutions like the United Nations. With Greene keeping Johnson’s feet to the fire when it comes to aid to Ukraine, the GOP’s revolution is almost complete.
Persons: Julian Zelizer, Marjorie Taylor Greene, Mike Johnson, Johnson, Greene, ” Greene, , we’ve, Ronald Reagan, Mikhail Gorbachev, Russia’s Vladimir Putin, Long, , John Bolton, New York “, Jesse Helms of, George W, Bush, Saddam, Frances’s Jacques Chirac, Donald Trump, Bush’s, Putin, Mitt Romney, Barack Obama, Trump, MAGA Organizations: CNN, Princeton University, The New York Times, America, CNN — Republican, Republican, Ukraine, NATO, Republican Party, Soviet, United Nations, GOP, Republicans, UN, Senate Foreign, Iraq, Trump, Caucus Locations: Marjorie Taylor Greene of Georgia, Ukraine, United, United States, New York, Jesse Helms of North Carolina, Kyoto, Iraq, Russia, Helsinki, America
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. “In his courageous and too short life,” wrote Russia scholar Daniel Treisman, “Navalny became a symbol of hope for the younger generations of his compatriots. “He never gave up on the prospect of what he called ‘the beautiful Russia of the future,’” Treisman noted. “For a ‘beautiful Russia of the future’ to emerge in coming years, Putin must lose the war he started. Navalny understood this.”“Navalny’s death represents the extinguishing of all hope for Russia’s turnaround,” wrote Sasha Vasilyuk.
Persons: Aleksandr Solzhenitsyn, Joseph Stalin “, , , you’ve, Alexey Navalny, Vladimir Putin’s, Navalny, fearlessly, Putin, Daniel Treisman, “ Navalny, Navalny’s, ’ ” Treisman, Sasha Vasilyuk, Alexey Navalny’s, Peter Bergen, Andrei Sakharov, ” Putin, Bergen, Nick Anderson, Joe Biden, Donald Trump, Trump, authoritarians, Bill Bramhall, James Mattis, ” Peter Bergen, Frida Ghitis, Fidel Castro’s playbook, Patrick Mahomes, Andy “, Amy Bass, New York Democrat Tom Suozzi, George Santos, ” Suozzi, CNN Suozzi didn’t, Biden, isn’t, Long, Max Burns, ” “, Alejandro Mayorkas, ” “ Suozzi, Burns, Robert Hur’s, Norm Eisen, Richard Painter, Joshua Kolb, Hur, ” Joel Pett, Lawrence C, Levy, Julian Zelizer, Dean Obeidallah, Mark Dent, Dent, Saw, Clay Jones, David Orentlicher, ” Orentlicher, Will Cooper, Fani, Willis, Nathan, Wade, ” “ Willis, Antony Blinken, Batniji, Blinken, Fatah, Hussein, Don’t, David Horsey, Agency Jill Filipovic, Lynda Gorov, Taylor Swift, Jim Parrott, Mark Zandi, Brigid Schulte, Yuliya, Kara Alaimo, Frankie de la, Jackie Robinson’s, Jon Stewart’s, Jon Stewart, Matt Wilson, Jon Stewart skewered Trump, Bill Carter, Stewart, ” “ Stewart Organizations: CNN, IK, Moscow Times, Kremlin, Twitter, Facebook, Soviet, Tribune, Agency, Republican, Senate, Agency Former US Defense, Trump, , Kansas City Chiefs, Chiefs, nab, New, New York Democrat, Democratic, GOP, Joel Osteen’s Lakewood Church, Super Bowl, Kansas, West Bank Locations: Soviet, Germany, Ukraine, Russia, New York, Washington, Georgia, ,, York, Glen Cove, Joel Osteen’s, Houston, Kansas City, America, , Kansas, Gaza, San Francisco, Israel, Iran
Justice Department prosecutors had recommended sentencing McGonigal to a prison term of two years and six months for the Washington case alone. McGonigal was scheduled to report to prison next month to begin serving his sentence in the New York case. McGonigal was separately charged with concealing his ties to the former Albanian official, a naturalized U.S. citizen who was living in New Jersey. McGonigal pleaded guilty last September to concealing material facts, a charge punishable by a maximum prison sentence of five years. McGonigal didn't need more prison time beyond his 50-month sentence in New York “to serve the ends of justice,” Ducharme argued.
Persons: , Charles McGonigal, Colleen Kollar, McGonigal, , Kollar, , Oleg Deripaska, didn't, McGonigle, Elizabeth Aloi, Seth Ducharme, ” Ducharme Organizations: WASHINGTON, FBI, U.S, Justice Department, Albanian Locations: New York, U.S, Albanian, Washington ,, Washington, Russia, Crimea, New Jersey, Albania, Russian, Europe
WASHINGTON (AP) — The Senate's border proposal was one of the toughest bipartisan bills to emerge on the issue in decades. Republicans have campaigned on border security for years, and public frustration is running high with the record number of illegal U.S. border crossings. Cruz’s likely Democratic opponent, Texas Rep. Collin Allred, said he’s already talking about the border deal on the campaign trail. Murphy agreed that Democrats should remain committed to broad immigration reforms, including pathways to citizenship for migrants who are already here. But he argued that may only be possible once Democrats first show voters they are serious about tough border enforcement.
Persons: , Donald Trump, Chuck Schumer, , Tom Suozzi, Schumer, New York “, Joe Biden, Biden, Sen, John Cornyn, Republicans aren’t, , Suzan, ” Schumer, Mike Johnson, ” Trump, He's, Republican Sen, James Lankford, Trump, Ted Cruz, Cruz, Mitch McConnell, Cruz’s, Collin Allred, he’s, ” Allred, doesn’t, Lois Clinco, “ I’m, Clinco, Connecticut Sen, Chris Murphy, Ro Khanna, ” Khanna, John F, Kennedy, Barack Obama, Todd Schulte, Murphy, Lisa Mascaro, Philip Marcelo Organizations: WASHINGTON, Republican, Republicans, Democratic, Texas Republican, Trump, Washington Democrat, Border Patrol, Democrats, Texas, Texans, New, New York City —, Rep, California Democrat, Associated Press Locations: New York, Texas, South Carolina, Long, Levittown, New York City, Connecticut, United States, California, America, Levittown , New York
Agents from the Federal Bureau of Investigation on Thursday searched the Brooklyn home of Mayor Eric Adams’s chief fund-raiser, Brianna Suggs, a campaign consultant who is deeply entwined with efforts to advance the mayor’s agenda, according to two people with knowledge of the matter. The raid apparently prompted Mr. Adams to abruptly cancel several meetings scheduled for Thursday morning in Washington, D.C., to talk to White House officials and members of Congress about the influx of migrants in New York and other major cities. Instead, he hurriedly returned to New York “to deal with a matter,” a spokesman for the mayor said. Ms. Suggs, who could not immediately be reached for comment, is an essential cog in Mr. Adams’s fund-raising machine, which has already raised more than $2.5 million for his 2025 re-election campaign. A third person with knowledge of the raid said agents from one of the public corruption squads in the F.B.I.’s New York office questioned Ms. Suggs during the search of her home.
Persons: Eric Adams’s, Brianna Suggs, Adams, New York “, , Suggs, Adams’s, Ms Organizations: Federal Bureau of Investigation, Washington , D.C, White House Locations: Brooklyn, Washington ,, New York
“As a matter of free speech, people who oppose the ‘kidnapped’ posters could erect posters of their own, expressing their views,” Professor Zick said. “I don’t think they’re ripping down posters of ‘Dan Smith Will Teach You Guitar,’” he said. The posters “don’t include Palestinians, so are they concerned about missing people?” he asked. At the corner of Broadway and West 96th Street last weekend, half-ripped posters were covered with small fliers that said: “Why are the posters of kidnapped Israelis being ripped down? With friends and relatives, he has gone door-to-door through the towns of Cedarhurst, Hewlett, Inwood, Lawrence and Woodmere and asked store and restaurant owners to display the “kidnapped” posters inside windows that face the street.
Persons: Nitzan Mintz, , “ I’m, Tim Zick, Zick, Mike Mishkin, Mishkin, “ I’ve, they’re, ‘ Dan Smith, ’ ”, Israel, Miles Grant, New York “, , Grant, ” “, ’ ” Ms, Mintz, Dede Bandaid, Rafael Shimunov, you’re, listserv, Rabbi Amichai Lau, Lavie, Councilwoman Julie Menin, “ Ella Elyakim, Ms, Menin, Guy Tsadik, Woodmere, ” Mr, Tsadik, Alain Delaquérière Organizations: Boston University, The New, William & Mary Law School, Broadway, Twitter, West, Auschwitz Jewish Center Foundation Locations: Gaza, Boston, South Florida, Queens, The New York, Manhattan, Williamsburg, Va, New York, Israel, Brooklyn, York, Palestinian, Israeli, Broadway, Long, Cedarhurst, Hewlett, Inwood, Lawrence, New Jersey, Florida
He also warned that escalating fighting is increasing the danger of a nuclear accident at Europe’s largest nuclear plant in Ukraine. Grossi said he is seeking to re-establish a dialogue with North Korea, which expelled U.N. nuclear weapons inspectors in 2009. Stop it!”Iran has denied impeding the work of IAEA inspectors though it has also been years since its experts have been able to examine surveillance footage. So he has been urging the Ukrainians and Russians not to attack any nuclear plant. There are also some Russian experts and IAEA inspectors who from time to time have acted as “a buffer” and defused some tense situations, Grossi said.
Persons: Rafael Grossi, Grossi, Ebrahim Raisi, ” “, , , hasn’t, ” Grossi, Wang Yi, Wang, Said, “ I'm, Edith M, Lederer Organizations: UNITED NATIONS, General Assembly, International Atomic Energy Agency, Associated Press, Fukushima, IAEA, Foreign Locations: Ukraine, North Korea, China, Beijing, IRAN, Iran, Tehran, Vienna, United States, Ukraine's, Ukrainian, Russian, Pyongyang, , Korea, South Korea, Fukushima, New York
Sam Bankman-Fried, the former CEO of cryptocurrency giant FTX, defrauded investors by funneling money into his private hedge fund and conspired to commit wire fraud against customers and lenders, federal authorities said Tuesday. The Manhattan panel indicted Bankman-Fried on eight counts: conspiracy to commit wire fraud on customers, wire fraud on customers, conspiracy to commit wire fraud on lenders, wire fraud on lenders, conspiracy to commit commodities fraud, conspiracy to commit securities fraud, conspiracy to commit money laundering and conspiracy to defraud the United States and violate the campaign finance laws. $8 billion loss to customersThe wire fraud on lenders and customers started in or about 2019 and lasted through November, according to the filing. Separately, in a filing Tuesday also in the Southern District of New York, the SEC charged him with defrauding investors and enriching Alameda. FTX CEO pledges continued cooperationAlso Tuesday, the company’s new CEO, John J. Ray III, testified at a congressional hearing on FTX’s collapse and missteps.
Experts expect that Thanksgiving gatherings will stir up social networks and give new coronavirus subvariants fresh pockets of vulnerable people to infect. And we are concerned that after holiday gathering, lots of people coming together, that we may see increases in Covid-19 cases as well,” Dr. Rochelle Walensky, director of the US Centers for Disease Control and Prevention, said Tuesday on CNN. For the week ending Nov. 19, the CDC estimates that BQ.1 and BQ.1.1 were causing about half of all new Covid-19 cases in the US. Covid-19 cases, hospitalizations and deaths have remained flat for the past four weeks. “It’s probably got a bit more of a fitness advantage, so what we’re seeing is gradual replacement without a massive change in the total number of Covid-19 cases,” he said.
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