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☆ ‘Gavin and Stacey’ final episode will air this Christmas, James Corden announces
▼ + stars: | 2024-05-03 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +1 min

London CNN —The beloved British sitcom “Gavin and Stacey” will be returning for its final episode this Christmas, James Corden, who co-writes and stars in the show, announced on Friday. We have finished writing the last ever episode of Gavin and Stacey,” Corden posted to Instagram, signing the announcement with his co-writer Ruth Jones. Love Ruth and James.”Joanna Page, who plays the show’s titular Stacey Shipman, also posted the news to Instagram, writing “O my god it’s happening!!! !”James Corden announced the final "Gavin and Stacey" episode by posting a photo of himself and Ruth Jones holding the script for the finale. The show’s 2024 finale will air on BBC One and iPlayer on Christmas Day, the BBC confirmed.

Persons: “ Gavin, Stacey ”, James Corden, …, Gavin, Stacey, ” Corden, Ruth Jones, Love Ruth, James, ” Joanna Page, Stacey Shipman, Stacey … Can’t, Corden, Jones, Smithy, Nessa Organizations: London CNN, British, BBC Locations: Essex, Barry

In 2022 the bond market crash saw the value of central banks' Treasuries holdings plunge by $435 billion, Bertaut and Judson's estimates show. This doesn't suggest central banks are dumping Treasuries, be it for financial or political reasons. What's more, these figures don't account for what analysts describe as stealth or shadow central bank demand not included in the official data. Reuters Image Acquire Licensing RightsIt is undeniable, however, that the collective central bank footprint in the Treasuries market is nowhere near what it used to be. For now, central banks are still buying, just not as much as they used to.

Persons: Abraham Lincoln, Gary Cameron, chunky, Carol Bertaut, Ruth Judson, That's, Steven Englander, Judson, Lehman Brothers, Jamie McGeever, David Holmes Organizations: Engraving, REUTERS, Rights, U.S, of America, Bank of America, BANK, Standard Chartered, Treasuries, Fed, ICE, Treasury, Reuters, Thomson Locations: Washington, Rights ORLANDO , Florida, Beijing, China, Saudi Arabia, American Republic, North America, Belgium

Reuters Image Acquire Licensing RightsReuters Image Acquire Licensing RightsReuters Image Acquire Licensing RightsTo be sure, Japan and China are still forces to be reckoned with. But they don't bestride the Treasuries market like they once did, nor does the threat of them selling strike the same fear into bond investors, global markets at large, and even policymakers in Washington. China's Treasuries holdings fell a valuation-adjusted $34 billion in the first half of the year, although its U.S. agency debt holdings rose nearly $20 billion. Reuters Image Acquire Licensing RightsReuters Image Acquire Licensing RightsWith U.S. bond yields at their highest since the late 2000s, the widening yield gap is pushing the yuan and yen to historically low levels against the dollar. Speculation is rising that Beijing or Tokyo could soon dip into their Treasuries holdings to fund dollar-selling intervention in the currency market.

Persons: Kim Hong, Brad Setser, Carol Bertaut, Ruth Judson, Judson, Jamie McGeever, Jonathan Oatis Organizations: South Korean, REUTERS, Rights, Treasuries, . Treasury, Federal Reserve, Reuters, of Foreign Relations, Treasury, U.S, Bank of America, Thomson Locations: Rights ORLANDO , Florida, Japan, China, Belgium, Britain, Washington, Foreign, U.S, Beijing, Tokyo

☆ The Making of an Ivy League President: Two Women’s Stories
▼ + stars: | 2023-08-22 | by ( Martha Southgate | ) www.nytimes.com time to read: +3 min

One Black, one white. In 1995, Ruth J. Simmons, the elder of the two, became the first Black president of Smith, one of the largest of the Seven Sisters colleges. But that wasn’t her last first; in 2001, she left Smith to take the helm at Brown University, making history again by virtue of both her race and her gender — the first Black woman to lead an Ivy League institution, which she did until 2012. In 2007, Drew Gilpin Faust was named the first woman president of Harvard University, a post she held until 2018. As the youngest of 12 children, she had a comparatively easier time because she was the baby of the family.

Persons: Drew Gilpin, Ruth J, Simmons, —, Smith, Drew Gilpin Faust, She’s, ”, Read, “, ” Simmons Organizations: Seven, Brown University, Ivy League, M University, Harvard University, American Locations: Texas, East Texas

☆ Will inflation come down this year? Investors seek clues in corporate results
▼ + stars: | 2023-07-11 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

It’s not just in the United States, either. Coming up: Two major measures of inflation in the United States are out this week — the Consumer Price Index on Wednesday and Producer Price Index on Thursday. On Friday morning, earnings reports for the second quarter kick off with JPMorgan Chase, Wells Fargo, Citi and BlackRock all reporting. Her Many Horses joined Wells Fargo in 2018 as senior vice president in middle market banking to focus on rebuilding the bank’s Native American banking effort. Wells Fargo Native American Banking is the leading provider of capital and financial services to Native American and Alaska Native markets, according to a statement from the company.

Persons: they’re, Jerome Powell, Christine Lagarde, ”, Albert Edwards, Edwards, it’s, Lael Brainard, Price, Michael Barr, Barr, ” Barr, Elisabeth Buchwald, Wells Fargo, Dawson, “ Dawson, Ruth Jacks, Wells Organizations: New, New York CNN, Federal, Kansas City Fed, Monetary Fund, European Central Bank, Societe, National Economic Council, JPMorgan Chase, Citi, BlackRock, Rosebud Sioux, Wells, Wells Fargo Commercial Banking, American Banking Locations: New York, United States, Wells Fargo, Wells, Dawson, Rosebud, South Dakota, American, Alaska

Analysis of global central bank coffers does show the dollar's share of overall reserve holdings is gradually being chipped away - but the official sector is not selling dollar-denominated assets. In fact it's still buying them on aggregate, and the private sector is too. The overseas private sector was also a solid buyer of U.S. agency debt, further calling into question the narrative in some market quarters that the dollar's status as the world's preeminent currency is rapidly eroding. Jen calculates that the dollar's share of official global reserves slumped to 47% last year, down from 55% the year before and 73% in 2001. Including the private sector, total foreign inflows into Treasuries over the past two years have been substantial.

ORLANDO, Fla., Feb 22 (Reuters) - Although China's selling of U.S. Treasury securities over the past year raises multiple geopolitical questions, it's merely switching to other dollar bonds - casting doubt about a more alarming strategic investment shift. Beijing's stash of U.S. government bonds ended last year at $862.3 billion, the lowest since May, 2010, according to Refinitiv data. Meanwhile, China's holdings of U.S. agency bonds last year rose by $50.9 billion and valuation effects accounted for $34.8 billion. This means the real increase was $85.9 billion, substantially more than the decline in Treasuries holdings. "Maybe the big story is there is no sign that China's dollar holding portfolio has changed much.

REUTERS/Dinuka Liyanawatte/File PhotoDec 13 (Reuters) - For the energy industry, 2022 will be remembered as the year Russia's invasion of Ukraine accelerated a global energy crisis. The world's top energy companies beat a hasty retreat from Russia and wrote off tens of billions of dollars in assets. WHY IT MATTERSRussia's invasion of Ukraine caused European countries to re-evaluate their relationship with that nation, long the continent's primary supplier of natural gas. "We are seeing nothing less than the termination of a successful 50-year partnership on gas between Russia and Europe," said Michael Stoppard, special adviser and global gas analyst at S&P Global Commodity Insights. As the year comes to a close, costs for natural gas and heating fuel have ebbed as economic activity declines.

It is true that an increasing number of central banks are intervening in the currency market to sell dollars, and the nominal value of their FX reserves and U.S. Treasury holdings has declined. "Official holdings are falling, but not because central banks are selling. Central banks bought into that downturn but it is unclear whether that continued through August and September, when the BofA Treasuries index lost another 6% and central banks' FX intervention picked up pace. China and Japan, the world's biggest holders of FX reserves, have released September reserves data but neither give a breakdown of currency or asset composition. The nominal value of China's FX reserves stood at $3.029 trillion in September, the lowest since March 2017.

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