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An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold was little changed on Friday ahead of a key U.S. inflation report, but prices were on track for their first weekly drop in six weeks on easing concerns of a major escalation of the Middle East crisis. Focus now turns to March's core Personal Consumption Expenditures, or PCE, index data due later on Friday — the Fed's preferred measure of inflation — for further clues on the U.S. rate outlook. The dollar index was headed for its biggest weekly dip since early March, making the greenback-priced bullion less expensive for other currency holders. Spot silver rose 0.2% to $27.49 per ounce, spot platinum rose 0.8% to $921.45 and palladium gained 1.4% to $988.22.
Persons: Gold, Yeap Jun Rong, Jun Rong Organizations: Co, Federal Locations: Bangkok, Thailand, U.S
New Delhi CNN —Indian voters are battling sweltering conditions to take part in the world’s biggest election as a severe heat wave hits parts of the country and authorities forecast a hotter-than-normal summer for the South Asian nation. The India Meteorological Department (IMD) said a heat wave will affect parts of south and east India until the end of the week, including four states that are voting on Friday. Climate politicsIndia, the world’s most populous nation with 1.4 billion people, often experiences heat waves during the summer months of May and June. But in recent years, they have arrived earlier and become more prolonged, with scientists linking some of these longer and more intense heat waves to the climate crisis. Last year successive heat waves hit India again, closing schools, damaging crops and putting pressure on energy supplies.
Persons: Gandhi Ray, , , Noemi Cassanelli, Narendra Modi, ” Ray, Commision, Aditya Valiathan Pillai, climatologist Maximiliano Herrera Organizations: New, New Delhi CNN —, South, India Meteorological Department, IMD, CNN, National Disaster Management Authority, Bharatiya Janata Party, BJP, Indian National Congress, World Meteorological Organization Locations: New Delhi, India, West Bengal, Bihar, Uttar Pradesh, Karnataka, Baripada, Khammam, Banka district, Maharashtra, Pakistan, Mumbai, Bangladesh, Asia, Thailand, Philippines, Mekong, Vietnam
Higher costs had the biggest impact on Asian businesses in 2023, even as they continued to grapple with a global economic slowdown and rising borrowing costs, according to a survey by UOB. Of those polled, 32% said they were impacted by high inflation, another 32% said they faced increased operating costs, while 24% said rising labor costs hurt their business, UOB's 2024 Business Outlook Survey reported. Still, about four out of 10 companies said they felt "very positive" about the business environment in 2023, while 32% said they were "somewhat positive," the survey showed. Some 35% of the companies polled said the business environment in 2023 declined compared to the previous year. To combat future headwinds, 30% of the companies said reducing business costs will be their top priority in the next one to three years.
Organizations: UOB, Survey Locations: Southeast Asia, Greater China, China , Hong Kong, Thailand, Vietnam, Malaysia, Singapore, Indonesia
It's an urgent question — what do we do with the 40 million tons of plastic waste we produce annually? One year of plastic waste is roughly enough to smother the entirety of Manhattan a meter deep, and it has to go somewhere. For decades, America sent its plastic waste to countries like China and Indonesia. Unlike aluminum or glass, the plastic that can be recycled rarely results in replacing one recycled water bottle with another. By downcycling a tiny portion of plastic waste, companies can genuinely reuse a relatively small share of plastic, while convincing consumers that the industry has created a circular economy of infinitely recycled plastic.
Persons: Kartik Byma, they're, Tim Miller, Susan Freinkel, Nestlé, Lea Suzuki, Larry Thomas, what's, Taylor Dorrell, Biden, that's, Taylor, Miller, Kelley Sayre, Vicky Abou, it's, Mike Bloomberg, Bloomberg, Espen Barth Eide, Norway's, Abou, It's Organizations: Getty, America, Chevron, Exxon, Paper Stock, Plastics Industry Association, Organization for Economic Co, San Francisco, NPR, International Energy Agency, ExxonMobil, Alterra Energy, National Renewable Energy Laboratory, Royal Paper Stock, Akron, Buckeye Environmental, Business, Eastman Chemical Co, American Chemistry Council, New, Beyond Plastics, UN, Buckeye Environmental Network Locations: America, Manhattan, China, Thailand, Malaysia, Indonesia, AFP, Ohio, American, San Francisco, Akron, Taylor Dorrell Akron , Ohio, United States, Oregon, New York City
The world is awash in solar panels after Chinese-owned firms flooded the market with cheap exports. Companies including Qcells, First Solar, and Swift Solar on Wednesday asked the Biden administration to slap tariffs on solar cells from four countries in Southeast Asia. The US solar companies allege that Chinese-owned firms operating in Cambodia, Malaysia, Thailand, and Vietnam are illegally undercutting the market. The petition by US solar companies — known as an anti-dumping and countervailing duty case — could lead to that. The probe will help determine whether solar panels were sold in the US at prices below the cost of production.
Persons: Biden, we've, Tim Brightbill, Wiley Rein, Joe Biden, Janet Yellen, Yellen, Premier Li Qiang Organizations: Service, Companies, Wednesday, Business, Wiley, China, Industry, Commerce Department, US Commerce Department, International Trade Commission, Premier, New York Times Locations: Southeast Asia, Cambodia, Malaysia, Thailand, Vietnam, Germany, America, Massachusetts, China
A coalition of U.S. solar manufacturers petitioned the federal government on Wednesday to impose tariffs on imports from four Southeast Asian nations, alleging that the countries are flooding the U.S. market with cheap products that threaten the domestic industry. The other six parties to the petition are Convalt Energy, Meyer Burger, Mission Solar, Qcells, REC Silicon and Swift Solar. They are requesting that the Commerce Department impose tariffs on solar cell imports from the four countries as a remedy. "This case is bad news for clean energy jobs and American solar manufacturing," Array CEO Kevin Hostetler said in a statement Wednesday. The ITC and Commerce Department investigations will take about 12 months to conclude, Brightbill said.
Persons: Meyer Burger, Tim Brightbill, Joe Biden, Brightbill, Kevin Hostetler, Janet Yellen, Biden Organizations: U.S, Convalt Energy, International Trade Commission, Commerce, ITC, Initiative, Commerce Department, Solar Energy Industries Association, American Clean Power Association, Advanced Energy, American Council, Renewable Energy, Technologies, International Energy Agency, IEA, CNBC Locations: Zhangye city, Gansu province, China, Cambodia, Malaysia, Thailand, Vietnam, U.S, The U.S, Beijing's
A group of seven leading solar manufacturers filed trade complaints on Wednesday formally requesting that the Biden administration impose tariffs on solar products being exported from Southeast Asia into the United States. They come amid growing alarm within the U.S. solar industry that a flood of cheap Chinese green energy technology exports are pushing down prices of solar panels and threatening efforts by the Biden administration to develop a domestic solar supply chain. Chinese companies have been relocating production of solar products to neighboring countries to avoid existing tariffs, and U.S. manufacturers believe new trade measures are needed to protect their businesses. In the past year, the United States has imported $12.5 billion worth of solar products from those countries as prices of solar products have dropped by around 50 percent. The trade complaints are focused on imported solar cells, the parts of solar panels that turn light into electricity.
Persons: Biden Organizations: Department of Commerce, U.S . International Trade Commission Locations: Southeast Asia, United States, U.S, Vietnam, Cambodia, Thailand, Malaysia
Drn/Getty Images Suu Kyi, front center, is seen with her parents and her two elder brothers in 1947. Kyodo News Stills/Getty Images Suu Kyi poses with Burmese comedian Par Par Lay, who was part of the pro-democracy act "The Moustache Brothers." Soe Than Win/AFP/Getty Images Suu Kyi meets US Secretary of State Hillary Clinton at Suu Kyi's residence in Yangon in 2011. Peter Muhly/AFP/Getty Images Suu Kyi is presented with the Congressional Gold Medal while visiting the US Capitol in 2012. U Aung/Xinhua News Agency/Getty Images Suu Kyi addresses the United Nations General Assembly in New York in 2016.
Persons: Aung, Suu, , Kim Aris, Suu Kyi, she’s, ” Aris, CNN’s Anna Coren, , Michael Aris, ” “, Zaw Min Tun, Min Aung Hlaing, Aris, they’ve, Ma Khin Kyi, Par, Karl Malakunas, David Brunnstrom, Jonathan Karp, Price, Luis D'Orey, David Van Der Veen, Jonathan Utz, Michael Wolf, Pornchai Kittiwongsakul, Soe, Hillary Clinton, Paula Bronstein, Minzayar Oo, Kyi, Bono, Peter Muhly, Alex Wong, Barack Obama, Obama, Brendan Smialowski, Chris Ison, Ragnar Singsaas, Romeo Gacad, Lauren DeCicca, Lam Yik Fei, Htin Kyaw, Aung Naing, Min Aung, Aung Htet, Kyaw, Jewel SamadD, John Kerry, Jonathan Ernst, Reuters Suu Kyi, Heath Mitchell, Pope Francis, Elizabeth II, John Stillwell, Mike Pence, Bernat, Myanmar's, Koen Van Weel, ’ Aris, I’d, Suu Kyi’s NLD Organizations: CNN, Aung, National League for Democracy, Aris, Reuters, Burma Independence Army, Kyodo, Stills, Oxford University, Getty, Embassy, Suu Kyi, Panos, Congressional, Capitol, Suu, Xinhua News Agency, United Nations General Assembly, National Park Service, Palace, ASEAN, Court of Justice, Association for Political, United Nations Locations: Myanmar, Britain, Rangoon, Yangon, Myanmar’s, Zaw, heatstroke, Naypyidaw, India, Par Par Lay, England, AFP, Bangkok, Thailand, Bagan, Pathein, Camberley, Oslo, Norway, Kawhmu, New York, Washington ,, Washington, DC, Singapore, Gambia, , Burma, doesn’t
Why Apple is betting big on India
  + stars: | 2024-04-22 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +26 min
I think one estimate put, at one point, I think China was producing something like 90% of the world's iPhones. So when we talk about, you know, Apple manufacturing elsewhere, it's going take a long time to significantly ramp up iPhone production elsewhere. And you know, opening a physical Apple store often for Apple is a sign of a big deal. But you know, Apple looking at India going, wow, we've only got 7% of market share there, we could grow huge amounts. And of course, as we know, with Apple, the hardware is the, you know, one side of the equation, but also, you know, Apple makes billions of dollars off of its services business, which includes things like its App Store fees, it's Apple Pay, Apple TV, all of those other products and services.
Persons: Tim Cook, Apple, it's, It's, Tom Chitty, we've, Arjun Kharpal, Arjun, they're, let's, hasn't, We've, they've, Apple's, that's, we're, There's, Narendra Modi, Arjun Kharpal It's, Tom Chitty Huawei, Kharpal Huawei, Tim Cook's, I've, haven't, He's, They've, Arjun Kharpal There's, Tom Chitty Oppo, Tom Chitty Xiaomi, Tom Chitty Samsung, You've, They're, Transsion, Tom, Tom Chitty I'm, Kharpal, Tom Chitty We'll Organizations: Apple, Bloomberg, CNBC, U.S, Arjun Kharpal It's Samsung, Samsung, China, Apple Watch, Huawei, IDC Locations: India, Foxconn, China, beyondthevalley@cnbc.com, Covid, Zhengzhou, Vietnam, Asia, Thailand, Indonesia, Southeast Asia, Mumbai, New Delhi, Xiaomi, Europe, U.S, Arjun Kharpal Vietnam, Hanoi , Vietnam, Hanoi, Taiwan, Beijing, America, Africa, The
We're pretty sure Kerry was executed there exactly two months later, in October 1978. So we had a memorial for Kerry, and then a few months later, John took his life. Rob Hamill rowing. Rob Hamill with Phil Stubbs, his teammate in the inaugural Atlantic rowing race in 1997. We got married about six months later, in 2001.
Persons: , Rob Hamill, Pol Pot, Kerry, Kerry Hamill, Rob Hamill Kerry, Stuart Glass, Stuart, John Dewhirst, John, Hamill, who'd, Phil Stubbs, Phil, Comrade Duch, Pot, Rachel, Finn, Declan, Ivan, Rob Hamill's, Renee Whitaker, Hamill's, Finn didn't, We've Organizations: Service, Business, Navy, Atlantic, New Zealand, Pacific Locations: New Zealand, Khmer Rouge, Communist, Cambodia, Australia, Darwin, Khmer, Malaysia's, Kerry, Phnom Penh, Asia, Tenerife, Barbados, Ireland, New, Thailand, Angkor Wat
Opinion | Should Alcohol Labels Warn of Cancer Risks?
  + stars: | 2024-04-21 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “A Debate Over Cancer Warning Labels on Alcohol” (Science Times, April 9):This article does an admirable job of spotlighting efforts around the world to require cancer warnings on alcohol. In fact, similar efforts to improve alcohol labeling are gaining traction in the U.S.Just last month, U.S. regulators held listening sessions about including ingredients, nutritional information and allergen labeling on alcoholic beverages. And in 2020, a coalition of seven health advocacy groups petitioned the U.S. government to adopt a cancer warning label. U.S. law directs regulators to consult with the surgeon general and “promptly” report to Congress when the need for an amendment to alcohol warnings arises. But more than seven years have passed since the surgeon general proclaimed a link between alcohol and cancer with no action from the Treasury Department’s Alcohol and Tobacco Tax and Trade Bureau, which regulates most alcohol products.
Persons: Organizations: Science Times, Treasury, Alcohol, Tobacco Tax, Trade Bureau Locations: U.S, Ireland, Thailand, Canada
CNN —When Margaret Bensfield Sullivan envisioned the type of family who might jet off for a year to explore the world together, she had a very specific image in her head. According to Sullivan, she and her husband had never traveled with their kids before their big trip. “We loved to travel as a couple,” Sullivan explains, recalling how they visited countries like Thailand, Cambodia, Argentina and Turkey together before starting their family. They won’t remember anything.”However, Sullivan explains that a work trip to Tanzania in 2017 completely changed her perspective. ‘Following the sun’When it came to planning their route, the Sullivan family decided to “follow the sun.” Margaret Bensfield SullivanOnce they’d made up their minds, the couple spent seven or eight months “working out the logistics” and winding their lives in New York down.
Persons: Margaret Bensfield Sullivan, Sullivan, ” Sullivan, Teddy, Willa, James, , , , they’d, “ It’s, they’ve, didn’t, you’re, shouldn’t, Lucia, we’re Organizations: CNN, CNN Travel, Sullivans, Sun Locations: New York, Thailand, Cambodia, Argentina, Turkey, Tanzania, South America, Africa, East, Europe, Asia, Australia, New Zealand, Mongolia, Vietnam, Indonesia, , Mexico, Guatemala, Italy, Greece, Grenada, Barbados, Dominica, St
What’s Happening In Myanmar’s Civil War?
  + stars: | 2024-04-20 | by ( Hannah Beech | Weiyi Cai | ) www.nytimes.com   time to read: +16 min
RUSSIA CHINA INDIA Pacific Ocean MYANMAR INDONESIA Indian Ocean AUSTRALIA RUSSIA CHINA INDIA Pacific Ocean MYANMAR INDONESIA Indian Ocean AUSTRALIAWhat’s Happening In Myanmar’s Civil War? Parliamentary rule 1962 Military coup 1988 Nearly five decades of military rule Widespread pro-democracy protests followed by bloody military crackdown. National civil unrest 2021 Military coup ended power sharing with civilian government. Parliamentary rule Nearly five decades of military rule National civil unrest British colonial rule 1948 1988 1990 2007 2011 2021 1962 2015 Widespread pro-democracy protests followed by bloody military crackdown. National civil unrest 2021 Military coup ended power sharing with civilian government.
Persons: Adam Ferguson, Min Aung, Daw Aung, Suu Kyi, Aung, , Tom Andrews, Chin, Rakhine Karen Mon Bamar, Kayan, Karen, Ms, hideouts Organizations: MYANMAR INDONESIA Indian Ocean, Insurgent, Council, Myanmar, 8th Battalion, Karenni Nationalities Defense Force, The New York Times, Senior, National Unity Government, People’s Defense Forces, Rebels, Assistance Association for Political Prisoners, Myanmar Peace Monitor, United Nations, General Administration Department, Union of, United, National Liberation Army Locations: RUSSIA CHINA, MYANMAR INDONESIA Indian Ocean AUSTRALIA RUSSIA CHINA, MYANMAR INDONESIA Indian, MYANMAR INDONESIA Indian Ocean AUSTRALIA, INDIA CHINA BANGLADESH Mandalay MYANMAR LAOS Naypyidaw Bay, Bengal Yangon THAILAND, INDIA CHINA Mandalay MYANMAR, Yangon THAILAND Bay, Bengal, Myanmar, Ukraine, Gaza, India, China, Karenni State, country’s, Suu, Myanmar’s, British, Sagaing Region, MYANMAR, Naypyidaw, Burma, United States, Rakhine, Thailand, Union, Union of Burma, Afghanistan
What to see at the Venice Biennale 2024
  + stars: | 2024-04-18 | by ( Nicole Mowbray | ) edition.cnn.com   time to read: +10 min
CNN —This week sees the opening of the Venice Biennale, an 8-month-long festival of art and culture staged every other year. For 2024 — the show’s 60th iteration — Brazilian curator Adriano Pedrosa has chosen the topic of “Foreigners Everywhere,” and announced an intention to spotlight artists from diverse and historically marginalized backgrounds. With the main event running from April 20 to November 24 2024, here’s our pick of what to see if you’re headed to Venice. “Willem de Kooning e l’Italia” — Willem de KooningThe show at Gallerie dell’Accademia will include 75 Willem de Kooning works, including "Screams of Children Come from Seagulls (Untitled XX)," 1975. Yoo Youngkuk Art FoundationThe first exhibition in Europe of one of Korea’s most influential artists, including many works never exhibited before outside Korea.
Persons: Adriano Pedrosa, , Pedrosa, , you’re, “ Willem de Kooning, Willem de Kooning, Kooning, Gallerie, Nick, Berlinde De, Abbazia, Ewa Juszkiewicz Juszkiewicz, Élisabeth Vigée Le Brun, Palazzo, Palazzo Cavanis, Ai, Peter Hujar, della, Carolina, Marcel Duchamp, Franchetti, Cindy Sherman, Louise Bourgeois, Sarah Lucas, Irving Penn, Palazzo Franchetti, Marco “, Zoe Saldana, Marco Perego, Corita, Maurizio Cattelan, Pope Francis, Inuuteq Storch, Louise Wolthers, , John Akomfrah, John Akmofrah, Yoo, Yoo Youngkuk, Stampalia, M.F, Husain, Picasso, Viktoria Bavykina, Max Gorbatskyi, Ai Weiwei Ai Weiwei, Ela Bialkowska, Ai Weiwei, Palazzo Smith, Koo Jeong, Koo, Rick Lowe, Lowe's, Lowe Organizations: CNN, Venice Biennale, Palazzo, Sun, Danish, British, Bangkok Art Biennale Foundation Locations: Venice, Italy, , Refuge, ” City, San Giorgio Maggiore, San, New York, Santa, San Marco, Marco, Giudecca, Corita Kent, American, Greenland, Europe, Korea, India, Sale, Ukraine, Continua, Bangkok, Thailand, Laos, Cambodia, Vietnam, Myanmar, Singapore, Houston
Organizations and individuals who delay investing in the latest AI PCs risk falling behind in an increasingly competitive landscape where technological advancements are essential for staying innovative, collaborative, and secure. These AI PCs possess the ability to anticipate and comprehend user requirements, resulting in a highly personalized and responsive interaction. The new Latitude AI PCs can deliver up to 38% less power when running AI-enhanced collaboration features like Zoom.22. Content creators can save time by generating images 1.7 times faster with StabilityAI on their Dell AI PCs or Dell AI workstations with new Intel processors.33. Knowledge workers can optimize their Dell AI PCs by utilizing just 1% of CPU usage, effectively detecting malware with Crowdstrike4.
Persons: cyberattacks, Dell, Read, Forrester Organizations: Forrester, Processing, Dell, Intel, Dell Optimizer, Dell Technologies, Insider Studios, Forrester Consulting, Services Locations: NPU, Argentina, Chile, China, Colombia, Costa Rica, Guatemala, Hong Kong, Korea, Malaysia, Russia, South Africa, Taiwan, Ukraine, Venezuela, Vietnam, Thailand, Philippines
An employee holds one kilogram gold bullion at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices climbed on Thursday, as risks of a widening Middle East conflict raised bullion's safe-haven appeal, overshadowing pressures from higher-for-longer U.S. interest rates. Spot gold was up 0.6% at $2,374.97 per ounce, as of 0429 GMT, after hitting an all-time high of $2,431.29 last Friday. Although, "U.S. interest rates remaining higher for a longer may be adding some pressure to the ongoing boost for gold ... Higher interest rates reduce the appeal of holding non-yielding bullion.
Persons: Kelvin Wong, Benjamin Netanyahu, Wong, Jerome Powell, Mario Centeno Organizations: Co, Asia Pacific Locations: Bangkok, Thailand, OANDA, Israel, Iran
Todd Miller retired at 53 because he did not want his life to be defined by his career. "I didn't have the vocabulary back then of 'financial independence,' but I said I wanted optionality," Miller told Business Insider. He picked age 50 to retire — what the personal finance industry now calls FIRE, which stands for Financial Independence, Retire Early. In 2019, just three years after the initial age target he had set for himself, Miller took the plunge and retired at 53. His passive income now funds the family's lifestyle in Phuket, Thailand, where they live.
Persons: Todd Miller, , Miller, that's, you've, shubhangigoel@businessinsider.com Organizations: Service, Business, Financial Independence, FIRE Locations: Thailand, Singapore, Hong Kong, Phuket, American, Real, Mardi, Nepal, Africa, Cambodia, Vietnam, Europe, Canada, Paris, Uganda, Asia
She was the first of the prospective jurors who were challenged by Trump's defense team on Tuesday over their "anti-Trump" social media. AdvertisementThe prospective juror, identified only as "B-133," had clearly "attended an "anti-Trump rally," defense lawyer Susan Necheles protested. When it was released in 2016, the clip was shared on the Facebook account of the husband of prospective juror B-330. "I would have to say that politically, yes, I do," the prospective juror answered. "Boys request to return to cave"The final prospective juror questioned on their social media posts was a retired grandmother from Manhattan's Lower East Side.
Persons: , Trump, Mark Ruffalo, Donald Trump's, Juan Merchan deadpanned, Todd Blanche, who'd, Joe Biden's, Susan Necheles, Joshua Steinglass, stammered, Blanche, he'd, DJT, Donald Trump, Robert Downey Jr, Neil Patrick Harris, Donald Trump …, sheepishly, Barack Obama, Trump's, Steinglass, Biden, Harris, Blanche complainingly, Blanche huffed Organizations: Service, Trump, Business, Yorkers, Facebook, Economic Development Corporation, Biden, Thai, White, Republicans Locations: New York City, Midtown, Manhattan's, Thailand, Trump
Better known to the rest of the world as mango sticky rice, it’s a deceptively simple dish. And few have perfected that balance as well as 63-year-old Varee Jeensuwan, the undeniable queen of mango sticky rice in Bangkok. In 2022, she performed at the Coachella music festival in California and ended her show by digging into a bowl of mango sticky rice. K Panich has been dishing out mango sticky rice since 1932. According to R-Haan co-owner/chef Chumpol Jangprai, there’s evidence suggesting mango sticky rice has been around since Thailand’s late Ayutthaya period (1351-1767), with references to the dish found in the centuries to follow.
Persons: Mae Varee, , Bangkok's Mae Varee, Lauren DeCicca, Rong, , Nam Dok Mai, Chiang Rai, Milli, Panich, Pongpat, – it’s, Bib, Khun Nan, Mai, it’s, It’s, Haan, Chumpol Jangprai, Rama V’s Organizations: CNN, Bangkok CNN, Coachella, Haan Locations: Bangkok, Thailand, Bangkok’s, Thonglor, Mae, Bangkok's, province’s Bangkhla, Damnoen Saduak, Ratchaburi province, , nieow, Thailand’s, Suratthani, China , Hong Kong, Singapore, Thai, California
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices continued to hover near record highs days after Middle East tensions flared, boosting the safe-haven appeal of bullion. Gold prices notched another record close Monday, with the most-active June contract for gold futures trading 0.37% higher to settle at $2,383 per ounce, and some say there's more room to run. "The recent gold rally has been aided by geopolitical heat and is coinciding with record equity index levels," Citi wrote in a note dated April 15. Market watchers are closely monitoring a potential retaliation by the Jewish state, which has vowed to "exact a price" from Iran.
Persons: Israel —, Bartosz, Conotoxia Organizations: Co, Citi, U.S . Locations: Bangkok, Thailand, East, Iran, Israel
George Stumpp, a retired bartender, lives comfortably in Panama after moving from New Mexico. He said Panama has robust infrastructure, a lower cost of living, and many of the same stores as the US. AdvertisementGeorge Stumpp, 65, worked as a bartender and bar supervisor in Long Island and New Mexico for decades. He's enjoying retirement in a country with a lower cost of living and high-quality healthcare, and he said he's enjoyed adapting to Panamanian culture. As his kids got older, he started to vacation in Central America, traveling to Costa Rica, Belize, and Panama.
Persons: George Stumpp, , he's, we've, Stumpp, it's, Long, there's Organizations: Service, Panama City, Central, Business, Hamptons, Sante Locations: Panama, New Mexico, Long Island, Panamanian, Colombia, Thailand, St, Maarten, Long, Sante Fe, Santa Fe, Central America, Costa Rica, Belize, Ontario, Canada
But when I discovered a London-based project turning discarded chicken feathers into edible proteins, I admit I was skeptical. The company behind the project, Kera Protein Ltd., has a unique approach to its lab-produced protein product. Since then, he and his business partner, Tom Washington, have delved into the issue of waste management - focusing particularly on chicken feathers. To make the food we tried, Kera extracted feathers from discarded chicken carcasses in partnership with a local farm. “We hope to revolutionize the way people view chicken feathers, demonstrating their potential as a valuable resource rather than just a dirty by-product.”
Persons: London CNN — I’m, it’s, Tom Washington, It’s, Kittibanthorn, Nathan “ Phayu ” Brown, , , Leah Collins, Chef Brown, Brown, Kera Organizations: CNN, London CNN, Kera Protein Ltd, Central Saint Martins, Kera Protein, Protein, Soil Association, Novel Locations: London, Kera, Thailand, Laos, Thai, Washington
CNN —Myanmar rebels fighting the junta say they have seized the last remaining military base in a key border town, dealing the latest significant blow to the country’s military rulers as they struggle to cling to power. About 200 soldiers abandoned their base in the southeastern town of Myawaddy and have been pushed to the No 2. “Officially we (are in) control of the town Myawaddy since last night,” KNU spokesperson Saw Taw Nee said. Footage also showed Thai military vehicles and troops stationed along the border. CNN has reached out to Myanmar’s military junta for comment.
Persons: Karen, , Saw Taw, Thailand’s Mae Sot, Manan Vatsyayana, , Naw Tee, Aung, Thailand's, Prasarn Saengsirirak, ” Prasarn, Prasarn, Kim Jolliffe, it’s Organizations: CNN, Myanmar, Karen National Union, UN, Reuters, Getty, Karen National Liberation Army, Command, National League for Democracy, Army, Arakan Army Locations: Myawaddy, Myanmar, Thailand, Thailand’s, Tak, Thailand's Mae Sot, AFP, Teetering, Aung San, Kachin, China, Rakhine, Arakan
Gold drifts higher as geopolitical tensions lift safe-haven appeal
  + stars: | 2024-04-11 | by ( ) www.cnbc.com   time to read: +2 min
An employee handles one kilogram gold bullion at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices climbed on Thursday, recouping losses from the previous session, as geopolitical tensions bolstered demand for the safe-haven metal. Spot gold was up 0.6% at $2,345.56 per ounce, as of 0317 GMT. Strong central bank buying, safe-haven inflows amid continued geopolitical risks, and demand from momentum-following funds have fueled bullion's 14% gain so far this year. Spot silver edged 0.2% higher to $28.03 per ounce, after hitting its highest levels since June 2021 on Wednesday.
Persons: Yeap Jun Rong, Jun Rong Organizations: Co Locations: Bangkok, Thailand, U.S
The US treasury secretary raised concerns about China's overproduction in her recent visit to the country. China has hit back at her concerns, but it's also concerned about overcapacity, an economist says. Just like the US and all of China's trading partners, Chinese authorities are concerned about industrial overcapacity and want to curb it. She added that China's trade surplus with the world meant there might be fewer incentives for Beijing to tackle the issue. AdvertisementAnalysts expect the US debate over its trade issues with China to heat up heading into the presidential election season.
Persons: it's, , Yue Su, Su, Janet Yellen, Janet Yellen's, Yellen, Li Qiang, Mao Ning, Mao Organizations: Service, Economist Intelligence Unit, European Union, EU, Commerce Department Locations: China, Beijing, People's Republic of China, Thailand, EU,
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