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☆ What the proxy fight at Norfolk Southern means for railroad safety
▼ + stars: | 2024-05-08 | by ( Chris Isidore | ) edition.cnn.com time to read: +10 min

The fight has split the railroad’s unions, who disagree which management team – the current Norfolk Southern leadership or one proposed by activist investor Ancora Holdings – would be best for safety and the railroad’s employees. Norfolk Southern CEO Alan Shaw, third from left, listens to testimony during a hearing held by the Senate Commerce, Science, and Transportation Committee on March 22, 2023 in Washington, DC. The committee heard testimony on "Improving Rail Safety in response to the East Palestine Derailment." BLET said that Orr’s appointment shows that Norfolk Southern is committed to additional use of PSR, no matter which side wins the the proxy fight. On February 3rd, a Norfolk Southern Railways train carrying toxic chemicals derailed causing an environmental disaster.

Persons: Alan Shaw, Amit Bose, Win McNamee, Bose, ”, “, Jeremy Ferguson, Shaw, “ Shaw, Jerry Sturdivant, John Orr, BLET, Michael Swensen, Jim Barber, Glass Lewis, Ancora Organizations: New, New York CNN, Norfolk, Norfolk Southern, Ancora Holdings, PSR, Federal Railroad Administration, Senate Commerce, Science, Transportation, Shaw, SMART, of Locomotive Engineers, Trainmen, NS, Canadian Pacific, Canadian Pacific Kansas City, Way Employees, Norfolk Southern Railways, Teamsters, UPS, CSX, Union Pacific Locations: New York, Norfolk Southern, Atlanta, East Palestine , Ohio, Norfolk, East Palestine, Washington ,, Canadian Pacific Kansas, Palestine, ”, NS

☆ Opinion: The latest example of Trump’s seeming obsession with Nazism
▼ + stars: | 2024-05-05 | by ( Opinion Dean Obeidallah | ) edition.cnn.com time to read: +6 min

Dean Obeidallah CNNIt’s not the first time Trump has kicked off an event by playing this song that celebrates the January 6, 2021, attackers. But that wasn’t even the most offensive thing Trump did at Saturday’s private luncheon for donors, which was held at his Mar-a-Lago club. It was Trump, after all, who has said that he would be a dictator on “day one” of his administration. And the fact is, there is one major party presidential candidate who repeatedly has invoked Nazi language — and it’s not Biden. In December, Trump caused a firestorm when he parroted language used by Hitler by describing migrants as “poisoning the blood” of the United States.

Persons: Dean Obeidallah, Donald Trump, ”, Dean Obeidallah CNN It’s, Trump, —, Joe Biden, indignantly, Prosecutors, Stormy Daniels, Adolf Hitler, it’s, Biden, Hitler, Mein, Trump hasn’t, “, ’ ” Trump, Hermann Göring, Lara Trump Organizations: CNN, Republican National, Trump, Dean Obeidallah CNN, Nazi, Republican National Committee, Gestapo, Republican, Beer, Twitter, Facebook, GOP, RNC Locations: Europe, New York, United States, Iowa, Bavaria, Germany

☆ Teamsters union endorses activist Ancora in Norfolk Southern proxy fight
▼ + stars: | 2024-04-25 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Activist Ancora on Thursday won the support of the BMWED Teamsters in the investor's efforts to oust Norfolk Southern CEO Alan Shaw and a majority of the railroad's 13-person board. The labor group said it would back the activist's seven director nominees over Norfolk Southern management, a significant endorsement in an industry unusually dependent on union support. The support from the BMWED Teamsters, whose members build and maintain the track infrastructure that keeps Norfolk Southern trains moving, amounts to a sharp rebuke of Shaw and Norfolk Southern's board. Norfolk Southern and Ancora have been locked in a proxy contest for several months. Neuberger Berman, for example, is backing the activist and said that Norfolk Southern had a history of poor governance and that a boardroom change was needed.

Persons: Ancora, Alan Shaw, Shaw, Tony Cardwell, Cardwell, Jim Barber, Jamie Boychuk, Boychuk, Barber, It's, John Orr, Glass Lewis, Neuberger Berman Organizations: Thursday, Teamsters, Norfolk Southern, Norfolk, BMWED Teamsters, Labor, American Federation of Labor, Industrial Organizations, CSX, Ancora Locations: Norfolk Southern, Norfolk, U.S, East Palestine , Ohio, Washington

☆ Opinion | Why Some Billionaires Will Back Trump
▼ + stars: | 2024-04-04 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

Big Trump rallies aren’t yielding his biggest cash hauls. Which raises the question: Why would billionaires support such a person? Economists, myself included, often remind people that the stock market is not the economy. Low unemployment and rising real wages — both of which, by the way, the Biden economy has delivered, even if many people don’t believe it — have much more relevance to most people’s lives. And although in 2020 Trump predicted a stock crash if Biden won, the market has, in fact, been hitting record highs under the current administration.

Persons: Donald Trump’s, Big, it’s, they’ve, Biden, Trump Organizations: Big Trump, Justice Department

☆ ‘Maybe Texas went too far’ with immigration law, state lawyer tells federal court
▼ + stars: | 2024-04-03 | by ( Devan Cole | Tierney Sneed | ) edition.cnn.com time to read: +4 min

CNN —An attorney defending Texas’ controversial immigration law told a federal appeals court on Wednesday that state legislators may have gone “too far” when they passed the law last year. The law, known as SB4, makes entering Texas illegally a state crime and allows state judges to order immigrants to be deported. Nielson sought to downplay how sweeping the law was and argued it did not interfere with federal authority on immigration. An attorney for the Justice Department, which brought one of the lawsuits challenging the Texas statute, urged the appeals court not to depart from its previous ruling blocking the law. “Of course, we know that presidents come and go, and different administrations might very well enforce federal law differently,” he said, arguing that the law may not be necessary under a different presidential administration.

Persons: Aaron Nielson, Nielson, ” Nielson, Priscilla Richman, Nielson’s, Daniel Tenny, Judge Andrew Oldham, “, they’ve, ”, “ It’s, Biden, Richman Organizations: CNN, Texas, Texas Attorney, Justice Department, United States, US Locations: Texas, United States, United, El Paso County

☆ Mark Cuban won't vote for Trump for 1 big reason: turnover rate
▼ + stars: | 2024-03-30 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

The Trump White House experienced a record turnover rate, a Brookings Institution study showed. Billionaire Mark Cuban says that's one reason he won't vote for Donald Trump. Still, those numbers reflect a relatively stable presidency — especially, as Cuban noted, when comparing the turnover rate to Trump's White House. According to the study, that was the highest first-year turnover rate for any presidency in at least four decades. By the end of his administration, the Trump White House saw a 92% turnover rate during his time in office.

Persons: Billionaire Mark Cuban, Donald Trump, Biden hasn't, Cuban, podcaster Lex Fridman, —, Mark Cuban, Lex Fridman, Joe Biden, Biden, Fridman, he's, hasn't, who's, Marcia L, Fudge, Marty Walsh, Trump, Biden's, George H.W Organizations: Trump White House, Brookings, Billionaire, Service, Trump, Cuban, Biden Administration, Urban Development, Labor, Brookings Institution, Trump White, Obama Administration, Biden, Republican Locations: Cuban, Bush, Brookings

☆ Three presidents and one mission: Beat Trump
▼ + stars: | 2024-03-27 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN’s MJ Lee and Jeff Zeleny reported Wednesday that Obama was in the White House for a working visit just last week. Two Democratic presidents who won second terms are uniting to try to usher a successor, who is older than both of them, into the same rarified political air. And Clinton has been out of the White House for nearly a quarter of a century. But Biden was also a valuable ally for Clinton after the president’s impeachment over an affair with White House intern Monica Lewinsky. And after he became vice president, Biden developed a friendly and cordial relationship with Hillary Clinton, maintained by regular breakfasts at the vice president’s official residence in Washington.

Persons: –, Joe Biden’s, he’s, Barack Obama, Bill Clinton, Donald Trump, Obama, CNN’s MJ Lee, Jeff Zeleny, Biden, Clinton, Trump, Jonathan Diller, Jimmy Carter, George W, Bush, it’s, Leon Panetta, “, ” Panetta, Joe Biden, ”, Biden’s, ” Clinton, Mitt Romney, Hillary Clinton, Gabriel Debenedetti, irked Obama’s, Beau, ” Biden, Robert Hur, “ I’m, Clinton’s, Ruth Bader Ginsburg, Monica Lewinsky Organizations: CNN, Trump, White, Radio City Music, Democratic, ’, New York, Police, White House, African, Central, Democratic National Convention, Republican, Obama, Democratic Party, Alliance ”, Biden, Black, African American Democratic Locations: New York, Washington, America, Delaware, Illinois, Yugoslavia, Ukraine, Iraq, South Carolina

☆ TikTok aside, Congress has its eye on the U.S. money going into China
▼ + stars: | 2024-03-21 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

The House Select Committee on the CCP, established in January last year, led the legislative act to essentially ban TikTok in the U.S. if its Chinese parent ByteDance doesn't sell the popular social media app. watch nowThe House select committee in February also published a report alleging U.S. venture capital firms invested billions "into PRC companies fueling the CCP's military, surveillance state and Uyghur genocide." Similar research detailing the links between U.S. capital, venture firms in China and Chinese tech startups has started making its rounds in major media outlets since late 2023. The Senate in July overwhelmingly passed a bill that would have required U.S. investors in advanced Chinese technology to notify the Treasury Department. The Biden administration in August issued an executive order aimed at restricting U.S. investments into semiconductor, quantum computing and artificial intelligence companies citing national security concerns.

Persons: Ken Cedeno, that's, Mike Gallagher, Gallagher, Andrew King, King, Biden, Michael McCaul, Gregory W, Meeks Organizations: U.S, Capitol, Reuters, The U.S, Congress, Chinese Communist Party, CNBC, House Armed, Technologies, Innovation, Intelligence, CCP, Future, Ventures, Treasury Department, Treasury, Foreign, China's Ministry of Commerce, Financial Regulatory Administration Locations: Washington , U.S, Reuters BEIJING, The, China, United States, U.S, Beijing, San Francisco

☆ A former White House aide complained that there are 'too many Obama people' in the administration 'who don't care' about Biden
▼ + stars: | 2024-03-18 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Some Biden staffers aren't happy that many Obama alums were given higher-level roles over longtime Biden aides, per Axios. "We do have too many Obama people who don't care about Joe Biden," an ex-White House official said. "We do have too many Obama people who don't care about Joe Biden," an ex-White House official told the outlet. Axios reported that Biden privately told staffers he could've beaten Trump in 2016 had he been the Democratic nominee that year. "As President Biden has said, President Obama is family to him," Bates added.

Persons: aren't, Obama, Joe Biden, —, Barack Obama, Biden, Donald Trump, We're, Axios, Hillary Clinton, could've, Andrew Bates, Bates Organizations: Biden, White House, Service, House, Democratic, Obama, Trump Locations: Illinois, Washington, Delaware

☆ Sen. Katie Britt denies misleading and widely criticized sex trafficking anecdote in Biden's State of the Union rebuttal
▼ + stars: | 2024-03-10 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Since delivering the GOP rebuttal to Biden's State of the Union address on Thursday, Britt has faced severe criticism. Britt argued that in her rebuttal she made clear that the woman had experienced sex trafficking years earlier during her childhood, not under the Biden administration. In her rebuttal, Britt references "a woman" who "had been sex trafficked by the cartels starting at the age of 12." During the speech, she did not clarify that the crime happened decades ago and that the woman was no longer being sex trafficked. The victim, Karla Jacinto Romero, experienced sex trafficking from 2004 to 2008 in Mexico.

Persons: Sen, Katie Britt, U.S . Alabama Republican Sen, Joe Biden's, Britt, Jonathan Katz, Biden, Karla Jacinto Romero, Katz, Jacinto, Andrew Bates, Sean Ross, Ross, Jacinto Romero's, Scarlett Johansson Organizations: U.S . Alabama Republican, Sunday, Fox, White House, Border Patrol Union, CNBC, NBC Locations: Biden's State, Mexico, U.S

☆ Britt Faces Accusations of Misleading on Border in State of the Union Response
▼ + stars: | 2024-03-09 | by ( Ken Bensinger | ) www.nytimes.com time to read: +1 min

In her rebuttal to President Biden’s State of the Union speech Thursday night, Senator Katie Britt, Republican of Alabama, told a story about a Mexican woman who was a victim of sex trafficking at the age of 12, laying blame at the feet of the current administration. “President Biden’s border policies are a disgrace,” she said. Although Ms. Britt did not name the victim in her speech, she has previously shared the story of a woman who appears to be the same individual based on congressional testimony, news releases and news reports. In 2023, Ms. Jacinto participated in an event near the Texas border with Mexico that was also attended by three senators, including Ms. Britt. In a video released shortly after that trip, Ms. Britt discussed Ms. Jacinto’s experiences.

Persons: Katie Britt, ”, Britt, Karla Jacinto Romero, Jacinto Organizations: Republican Locations: Biden’s, Alabama, Mexican, United States, Texas, Mexico

☆ Questions Arise About Britt’s State of the Union Response
▼ + stars: | 2024-03-09 | by ( Ken Bensinger | ) www.nytimes.com time to read: +1 min

Persons: Katie Britt, ”, Britt, Karla Jacinto Romero, Jacinto Organizations: Republican Locations: Biden’s, Alabama, Mexican, United States, Texas, Mexico

“This is the United States of America, and it is past time, in my opinion, that we start acting like it,” Ms. Britt said. “President Biden’s border policies are a disgrace.”As a rhetorical device, it would be hard conjure up a more powerful and resonant example. In a video released shortly after that trip, Ms. Britt discussed Ms. Jacinto’s experiences. “I thought it was very strange.”She said she preferred to keep politics out of the question of human trafficking. “The work I do is not a game.”A spokesman for Ms. Britt, Sean Ross, stood behind her speech.

Persons: Katie Britt, Donald J, Britt, Ms, George W, Bush, Biden, Biden didn’t, ”, “, Karla Jacinto Romero, Jacinto, Jonathan Katz, Sean Ross, Mr, Ross, Andrew Bates, Britt’s, Marsha Blackburn, Rosi Orozco, Blackburn, Karla, ” Andy McCullough, that’s, Pope Francis, Chris Smith of, McCullough Organizations: Republican, White, Times, Biden, U.S, Vatican Locations: Alabama, Montgomery , Ala, Biden’s, United States of America, Mexican, United States, Texas, Mexico, TikTok, U.S, Latin America, Eagle Pass , Texas, Tennessee, Chris Smith of New Jersey

☆ One New Yorker won $150,000 when she found out her landlord had been overcharging her. Now a bunch more tenants are using stabilization laws to get money back and pay cheaper rent.
▼ + stars: | 2024-02-28 | by ( Juliana Kaplan | Eliza Relman | ) www.businessinsider.com time to read: +13 min

AdvertisementAs TikTok becomes the new town square for all things economic transparency, the latest target of populist ire is New York City landlords. Several videos that have recently gone viral show viewers how to look into their rent histories and call out examples of potentially illegal hikes. Wait times for rent histories are now at 20 business days, up from 10 in late January, as a result of "social media activity." Klenkar has made TikToks about her old apartment and rent histories and has had "lots" of people reach out with their own rent histories. More may be on their way as New Yorkers seem to be requesting their rent histories en masse.

Persons: they've, —, Danielle —, Danielle, TikTok, it's, There's, they're, Allia Mohamed, She's, Mohamed, They've, he's, Carla —, Carla, Thomas Trutschel, Anna Klenkar, Klenkar, I've, Gothamist, DHCR, overcharge, Esteban Girón, shouldn't, It's Organizations: New York, Tenants, Service, Business, BI, Yorkers, New, US, Division, Housing, Community, Rent Administration, Rent, New York State Homes, Community Renewal, Tenant Union, Tenants PAC, Directors Locations: New York State, Cobble Hill, Brooklyn , New York, York City, New York, New York City, New, Washington Heights, Manhattan, Long Island City, Lower, Side, backpay

☆ Indonesia's next president Prabowo made big promises on the campaign trail. Can he deliver?
▼ + stars: | 2024-02-23 | by ( Joseph Rachman | ) www.cnbc.com time to read: +3 min

Prabowo Subianto, Indonesia's presidential candidate and defense minister, center, waves to supporters in Jakarta, Indonesia, on Wednesday, Feb. 14, 2024. JAKARTA — Indonesia's Defense Minister Prabowo Subianto is set to become the next president in October after voters handed him a strong mandate at the Feb. 14 election. Under Widodo, Indonesia's gross domestic product has grown steadily at around 5% over the past decade — barring the pandemic years of 2020 to 2021. "Because at the end of the day, the voters will compare the economic policies which have been delivered well by the incumbent president with the next president." On the campaign trail, Prabowo's discussions on economic policy were limited, and mainly focused on promises to continue the Widodo administration's signature downstreaming policy.

Persons: Prabowo, Prabowo Subianto, Gibran Rakabuming Raka, Joko Widodo, who's, Josua Pardede, Peter Mumford, Erick Thorir, CNBC's Martin Soong Organizations: JAKARTA — Indonesia's, General, Commission, Investors, Permata Bank, Eurasia Group, CNBC Locations: Jakarta, Indonesia, JAKARTA, Asia

☆ Putin says a Biden presidency is better for Russia than a Trump one
▼ + stars: | 2024-02-14 | by ( Mariya Knight | ) edition.cnn.com time to read: +2 min

CNN —A Joe Biden presidency would be better for Russia than a Donald Trump one, Russian President Vladimir Putin told pro-Kremlin journalist Pavel Zarubin in an on-camera interview Wednesday. According to Putin, that war “could have been over a year and a half ago” if agreements during a meeting in Istanbul in March 2022 were kept. Putin didn’t specify what agreements he was referring to. I wasn’t only ready for that, I wanted that, because it would give me the opportunity to give tough answers back,” Putin said. “To be frank, I didn’t fully enjoy that interview,” he said.

Persons: Joe Biden, Donald Trump, Vladimir Putin, Pavel Zarubin, Zuribin, Putin, Biden, ” Putin, ”, Tucker Carlson, “ Organizations: CNN, Kremlin, Russia “, NATO Locations: Russia, Russian, Ukraine, Istanbul, Minsk

The special counsel report found that Biden willfully retained classified information, including top secret documents, and knew he was in possession of some documents as far back as 2017. House Oversight Committee Republicans, who have separately investigated Biden’s handling of classified documents, criticized Hur’s report before it was even released or delivered to Congress. “Most notably, after being given multiple chances to return classified documents and avoid prosecution, Mr. Trump allegedly did the opposite.” Hur wrote. “Among the places Mr. Biden’s lawyers found classified documents in the garage was a damaged, opened box containing numerous hanging folders, file folders, and binders,” the report said. The photos included in Trump’s charging documents showed how he allegedly stored classified documents in various places at his Mar-a-Lago estate, including a ballroom, bathroom shower and his bedroom.

Persons: Robert Hur’s, Joe Biden, Biden, Hur, ”, Donald Trump, Biden Hur, Biden’s, “, ” Hur, “ Mr, Tom Emmer, ” Emmer, X, Biden “, Hur’s, – Biden, Trump, Jack Smith, Smith, ’, Richard Sauber, Bob Bauer, Bauer, ” Bauer, CNN’s Hannah Rabinowitz, Evan Perez, Melanie Zanona, Annie Grayer Organizations: Washington CNN, flouting, Department, FBI, Trump, Republicans, GOP, Investigators, Biden, ”, Capitol, Judiciary, Department of Justice, Mar, White, National Archives, ” Sauber, flouted Locations: Biden’s Wilmington , Delaware, Afghanistan, Virginia, Delaware, Biden’s, Lago

☆ Haley’s voters might decide Biden’s fate in November. Here’s why.
▼ + stars: | 2024-02-06 | by ( Ron Brownstein | Analysis Ronald Brownstein | ) edition.cnn.com time to read: +17 min

In New Hampshire, more than 4-in-5 Haley voters said Trump would not be fit to serve again if convicted and that Biden had legitimately won. In that poll, two-thirds of Haley voters in Iowa said they would not vote for Trump in a general election; that number soared past three-fourths of her voters in New Hampshire. One key reason: fully 93% of all GOP-leaning voters said they disapproved of Biden’s performance as president. Madrid believes Biden’s record on immigration is the biggest obstacle to him harvesting support among the Republicans uneasy about Trump. Lake doesn’t agree that any single issue is critical for Biden with the kind of GOP voters who have rallied to Haley.

Persons: Nikki Haley’s, Donald Trump, Haley, Biden, Joe Biden, Haley –, Trump, ”, Smith, Michael Madrid, “ Trump, “, SSRS, “ Donald Trump, that’s, Alan Abramowitz, Ron DeSantis, it’s, Democratic pollster, Biden’s, ” Madrid, Haley herself, ” Jennifer Horn, MAGA …, ” Jim McLaughlin, Trump’s, McLaughlin, Bill McInturff –, –, Lake, Jean Carroll, ’, Taylor Swift, Chris Wilson, Republican pollster, Wilson, ” Wilson, Lake doesn’t Organizations: CNN, South Carolina Republican, Trump, White, GOP, Republican, Democratic, Trump Lincoln Project, Washington Post, University of Maryland, Capitol, CBS, Republicans, NBC News, Republican Party, South, Emory University, Florida Gov, Edison Research, Haley Iowa, Monmouth University, ”, Biden, New Hampshire Republican, NBC, AP Locations: Iowa, New Hampshire, California, Madrid, Washington, South Carolina, ” Madrid, McInturff, Lake, Trump

SAN LUIS OBISPO, Calif. (AP) — The family of a California college student who vanished nearly three decades ago sued the school on Thursday, alleging it caused Kristin Smart's murder through negligence. Smart, then 19, disappeared from California Polytechnic State University in San Luis Obispo on the state’s scenic Central Coast over Memorial Day weekend in 1996. Those students said Flores had stalked and harassed them in the months leading up to Smart's disappearance. Instead, our family has been left to grieve her absence for 27 agonizing years,” a family statement said. The family only realized Cal Poly's alleged negligence after that apology because relatives didn't have any access to the university's investigative file, according to the lawsuit.

Persons: Kristin Smart's, Smart, San Luis Obispo, Paul Flores, Flores, Smart's, Kristin, “, ”, Matt Lazier, Jeffrey Armstrong, Cal Poly's, didn't, Cal Organizations: Calif, California Polytechnic State University, Central Coast, Prosecutors, Cal Poly, Cal Poly’s Locations: California, San Luis, Central, Flores ’

☆ Marc Andreessen says student loan forgiveness is a 'bailout.' Ben Horowitz thinks college is mostly 'a scam.'
▼ + stars: | 2024-01-16 | by ( Kali Hays | ) www.businessinsider.com time to read: +3 min

Marc Andreessen thinks student loan borrowers who received loan forgiveness are akin to companies and banks that got government bailouts rescuing them from bankruptcy. In a two-hour podcast titled "Crisis in Higher Ed & Why Universities Still Matter," published by his firm Andreessen Horowitz, Andreessen took issue with people having some or all of their outstanding student debt erased in actions by the Biden administration. Andreessen Horowitz is a major SVB customer, and the bank also invested billions in the firm's funds. The Biden Administration also had a broader student debt relief plan struck down by the US Supreme Court last year, and it has moved forward with targeted relief programs based on specific borrower criteria. In response to Andreessen's issue with student loan forgiveness, A16z cofounder Ben Horowitz responded with the argument that, although the action provides relief for some, it does not address "the real issue."

Persons: Marc Andreessen, Andreessen Horowitz, Andreessen, Biden, they've, wouldn't, Ben Horowitz, Horowitz, they'll, That's, A16z Organizations: Service, Business, Legal, Bank, Federal Deposit Insurance Corporation, Biden Administration, US

☆ As calls grow for a tougher response to Houthi attacks on Red Sea ships, Biden officials meet to discuss military options
▼ + stars: | 2024-01-03 | by ( Courtney Kube | Carol E. Lee | ) www.cnbc.com time to read: +5 min

According to the officials, U.S. Central Command provided Pentagon leaders with options for an additional military response after the incident, and the Pentagon sent those options to senior White House officials. Biden was updated multiple times on the situation in the Red Sea while on vacation. An administration official denied that there have been disagreements between White House and U.S. military officials about responding to the Houthis. On Tuesday, Houthi rebels fired two anti-ship ballistic missiles into the southern Red Sea, the 24th attack against ships in the area since Nov. 19. The USS Laboon and U.S. Navy F/A-18 Super Hornets shot down the drones and missiles, and no ships were damaged.

Persons: Joe Biden, Houthi, Jon, Biden, CENTCOM, Al Jasrah, Carney Organizations: Galaxy, WASHINGTON, White, U.S ., U.S . Navy, U.S . Central Command, Pentagon, White House, . U.S . Navy, U.S, Iran, Maersk, Hornets Locations: Iran, Yemen, Red, U.S, St . Croix, White House, ., Gulf of Aden, Gaza

Argentine President-elect Javier Milei departs the Eisenhower Executive Office Building after meeting with Biden administration staff at the White House complex in Washington, U.S., November 28, 2023. His foreign policy, meanwhile, is unabashedly pro-United States and pro-Israel, with a cooler stance on top trade partners Brazil and China. 2 Gita Gopinath and other fund officials, the fund said separately. The IMF has said in the past that dollarization is not a substitute for sound macroeconomic policy. Milei and IMF officials had a first virtual meeting on Friday, which Georgieva called a "very constructive engagement".

Persons: Javier Milei, Kevin Lamarque, Milei, Jake Sullivan, Juan Gonzalez, Benjamin Gedan, Alberto Fernandez, Vladimir Putin, Kristalina Georgieva, Posse, Luis Caputo, Gita Gopinath, Georgieva, Jason Lange, Rodrigo Campos, Rosalba O'Brien, Christopher Cushing Organizations: Argentine, Biden, REUTERS, Rights, U.S, White, National Security, Western, United, Israel, America, Wilson, International Monetary Fund, IMF, Reuters, Thomson Locations: Washington , U.S, Washington, Argentina, United States, Brazil, China, U.S, Moscow, Ukraine, Beijing, Argentine, New York

☆ Israel says Palestinian Authority in current form should not run Gaza
▼ + stars: | 2023-11-12 | by ( Crispian Balmer | ) www.reuters.com time to read: +3 min

Israel has vowed to destroy Palestinian group Hamas, which governs Gaza, after its shock Oct. 7 cross-border assault and has launched a full-scale invasion of the territory. Washington has said Israel cannot occupy the enclave after the war, with Secretary of State Antony Blinken last week saying that the Gaza administration had to be re-unified with the nearby West Bank, parts of which are run by the Palestinian Authority (PA). Nabil Abu Rudeineh, a spokesperson for Abbas, told Reuters the Israelis were seeking to perpetuate divisions between the two Palestinian territories -- the Israeli-occupied West Bank and Gaza. "Israeli attempts to separate Gaza from the West Bank will fail, and it will not be allowed, regardless of the pressures," he told Reuters. The PA used to run both the West Bank and Gaza but was ousted from the latter in 2007 after a brief civil war with Hamas.

Persons: Benjamin Netanyahu, Yoav Gallant, Benny Gantz, Antony Blinken, Mahmoud Abbas, Netanyahu, Israel, Nabil Abu Rudeineh, Abbas, Emily Rose, Rami Ayyub, Ali, William Maclean, David Goodman Organizations: Rights, Palestinian Authority, Hamas, West, NBC News, Reuters, West Bank, Thomson Locations: Tel Aviv, Israel, ABIR, Gaza, Washington, West Bank, Jerusalem

[1/2] The logo of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha/File Photo Acquire Licensing RightsMEXICO CITY, Nov 7 (Reuters) - Mexican state energy company Pemex and U.S. liquefied natural gas (LNG) company New Fortress Energy (NFE.O) have terminated a deal to develop potentially the country's first deepwater natural gas project that was signed a year ago, two sources with direct knowledge of the matter said. Last month, Pemex decided to halt the project after NFE wanted to impose conditions Mexican officials considered unacceptable, including NFE buying the natural gas too cheaply from Pemex, one of the sources said. Pemex wanted to develop Lakach with the U.S. company using a service contract, a mechanism used prior to the Mexico's energy sector opening in 2013-14. Reuters previously reported that officials at the CNH and Pemex had been at odds over how to develop Lakach and other large fields.

Persons: Raquel Cunha, Pemex, NFE, Lakach, Andres Manuel Lopez Obrador, Stefanie Eschenbacher, Ana Isabel Martinez, Mariana Parraga, Adriana Barrera, Dave Graham, Marguerita Choy Organizations: REUTERS, MEXICO CITY, New Fortress Energy, U.S, Reuters, U.S . Department of Energy, Thomson Locations: Mexico City, Mexico, MEXICO, Gulf of Mexico, Veracruz, Gulf, Tamaulipas, Altamira, Houston

☆ Philippines military remains loyal to the president - national security adviser
▼ + stars: | 2023-11-04 | by ( ) www.reuters.com time to read: +2 min

Philippine National Security Adviser Eduardo Ano arrives to meet Japanese Prime Minister Fumio Kishida at the prime minister's office in Tokyo, Japan, June 15, 2023. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsMANILA, Nov 4 (Reuters) - The Philippines' National Security Adviser on Saturday rejected talk of a plot to destabilise the government of President Ferdinand Marcos Jr, saying the military and entire security sector were loyal to the commander-in-chief. "Yes, there were healthy and passionate exchanges (and) debates among some retired or former military officers and even some criticism against certain policies of the current administration, but they are within the bounds of our democratic space," National Security Adviser Eduardo Año said. "The security sector shall remain vigilant and ready to take immediate action against any sinister group that will undermine our national security," Ano said. The Philippines has seen more than a dozen coup attempts since the overthrow of President Ferdinand Marcos in 1986.

Persons: Eduardo Ano, Fumio Kishida, Kim Kyung, Ferdinand Marcos Jr, Eduardo Año, Año, Año's, Romeo Brawner, Brawner, Ano, Marcos, Ferdinand Marcos, Karen Lema, Michael Perry Organizations: Philippine National Security, REUTERS, Rights, National Security, Philippine, Thomson Locations: Tokyo, Japan, Rights MANILA, Philippines

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