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☆ Opinion: These three Oscar-nominated films couldn’t be more different. Together, they represent the change we need
▼ + stars: | 2024-03-07 | by ( Opinion Noah Berlatsky | ) edition.cnn.com time to read: +7 min

All three films question male conventions and genres in ways that show exactly why we need more films by, and more nominations for, women-directed films. Les Films PelléasTriet’s “Anatomy of a Fall” is about a German novelist, Sandra (Sandra Hüller), accused of murdering her husband Samuel (Samuel Theis). Director Celine Song talks to lead actress Greta Lee on the set of "Past Lives." That doesn’t mean that women directors are less interesting or less original than male directors. Triet, Song and Gerwig have proved that women directors are uniquely positioned to question and rethink old genres, old stories and old ideas.

Persons: Noah Berlatsky, — Justine Triet’s “, Celine Song’s “, Greta Gerwig’s “, ” —, Noah Berlatsky Noah Berlatsky, it’s, Randa Haines, ”, —, Sandra Hüller, Justine Triet's, Pelléas, Sandra, Samuel, Samuel Theis, Billy Wilder’s, David Fincher’s, Triet, Nora Moon, Greta Lee, Hae Sung, Teo Yoo, Nora, Arthur, John Magaro, Celine Song, doesn’t, Gerwig, “ Barbie, “ Barbie ”, Barbie, Ken, Greta Gerwig, Margot Robbie, Jaap Buitendijk, Barbie ”, Bradley Cooper’s, Maestro ”, Christopher Nolan’s “ Oppenheimer, clichés, Alexander Payne’s “, Kelly Reichardt’s, Nida Organizations: CNN, USC, Initiative, Academy, New York Times, Everett, Warner Bros ., Warner Bros, Entertainment, ” Locations: Chicago, German, South Korea

☆ The designer behind Taylor Swift’s viral Chiefs puffer coat now has a deal with the NFL
▼ + stars: | 2024-02-01 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +4 min

CNN —In recent weeks, Taylor Swift has been grabbing seemingly endless attention for the NFL with her attendance at boyfriend Travis Kelce’s games. Juszczyk is a self-taught designer who reworks traditional sports jerseys, T-shirts and assorted merchandise into trendy tailored pieces. Lachlan Cunningham/Getty ImagesOn January 28, Juszczyk wore a cascading full-length 49ers puffer jacket that had a surprise: The words “Super Bowl bound” were embroidered within the sleeves. Her work caught the public eye in particular thanks to a puffer coat custom made for Taylor Swift — sporting Kansas City Chiefs’ Travis Kelce’s jersey number, 87 — which the singer wore to a Chiefs game January 13. Taylor Lautner wore a custom Jusczcyk design to a game between the Los Angeles Rams and Detroit Lions on January 14.

Persons: Taylor Swift, Travis Kelce’s, Kristin Juszczyk, Juszczyk, Lachlan Cunningham, Kelley L Cox, Kyle Juszczyk, ’, ”, Kansas City Chiefs ’ Travis, Swift, Brittany Mahomes, Patrick Mahomes, Simone Biles, Jonathan Owens, Taylor Lautner, Nic Antaya, Lautner, “, ” Kyle Juszczyk Organizations: CNN, NFL, USA, San Francisco 49ers, Sportico, Towson University, Baltimore Ravens, Kansas City Chiefs, Chiefs, Green Bay Packers, Detroit Lions, Los Angeles Rams, 49ers, Lions, Super, NBC Sports Bay Area Locations: Rhode Island, Maryland

LOS ANGELES (AP) — In July, country music star Craig Morgan reenlisted in the Army Reserves on the historic Grand Ole Opry stage. It also inspired the title for the new EP he had been working on: “Enlisted,” out Friday. The six-song collection includes two new tracks and a few reimaginations of his hits, alongside A-list and up-and-coming collaborators like Blake Shelton, Trace Adkins, Luke Combs, Lainey Wilson, and Jelly Roll. Jelly Roll was almost moved to tears when he described how the song gave him hope. Country Music Awards favorite Wilson joins Morgan on “International Harvester.”"Lainey Wilson had listened to it growing up with her dad, riding around in the truck on the farm," he says.

Persons: Craig Morgan reenlisted, Blake Shelton, Trace Adkins, Luke Combs, Lainey Wilson, Roll, Morgan — it's, Jerry, ”, Morgan, he's, it's, “ I'm, — Morgan, Jelly, “, ” “, Jelly Roll, Wilson, Jimmy Buffet, Shelton, ” Morgan, ‘ I’m, ” Shelton, Combs, Adkins, reworks Organizations: ANGELES, —, Army Reserves, Ole Opry, Opry, “, Army, Army Reserve, 101st, Airborne Divisions, ”

How the $13 trillion economy's slowdown will affect other emerging markets is still an unanswered question for investors. "Lower for longer Chinese growth is shaping a new regime of investments," Amundi's head of emerging markets Yerlan Syzdykov told Reuters. The World Bank trimmed its 2024 China growth forecast to 4.4% from 4.8%. 6/DEVELOPING REFORMThe World Bank, IMF and other multilateral development banks are under pressure to boost lending to poorer countries to fund development and tackle climate change. China and other large emerging economies have long demanded a greater say in the global financial architecture, which is still dominated by parameters set out by the 1944 Bretton Woods meeting, where the IMF and World Bank were established.

Persons: Abdelhak, Joseph Cuthbertson, Syzdykov, Anna Gelpern, Gregory Smith, Smith, Mehmet Simsek, Tayyip Erdogan, Erdogan, drubbing, Timothy Ash, Jorgelina, Rosario, Rachel Savage, Marc Jones, Karin Strohecker, Christina Fincher Organizations: International Monetary Fund, World Bank, Palais des, REUTERS, Federal Reserve, International Monetary, PineBridge Investments, Reuters, Bank, Ukraine, U.S, Kyiv, Paris Club, IMF, American, London, G Investments, JPMorgan, Egypt IMF, Fitch, Reuters Graphics Reuters, Finance, BlueBay Asset Management, Thomson Locations: Palais, Palais des Congres, Marrakech, Morocco, Argentina, Pakistan, Kenya, Egypt, CHINA, China, UKRAINE, Ukraine, Zambia, Sri Lanka, Ghana, Georgetown, Nigeria, TURKEY, Ankara, New York, Washington, London, Woods

☆ IMF's Argentina predicament: Seek reforms and tango on or kill the music
▼ + stars: | 2023-09-15 | by ( Jorgelina Do Rosario | ) www.reuters.com time to read: +7 min

But that programme failed to put South America's second-largest economy back on its feet. Even if he wins the Oct. 22 election and takes power in December, Milei would need alliances in Congress to push through reforms and a new IMF programme - Argentina's 23rd. That effort paved the way for the $57 billion programme, which ultimately failed and was replaced by the current one. Reuters Graphics Reuters GraphicsPREFERENTIAL TREATMENTThe current programme could end before its expiration in September 2024, but Argentina will still require funds. Without mentioning Argentina, the U.S. - holding the largest voting power in the Fund - recently raised its concerns.

Persons: Javier Milei, Agustin Marcarian, Mauricio Macri's, Mark Sobel, Milei, Sobel, Sergio Massa, Martin Muehleisen, Muehleisen, Nestor Kirchner, Stephen Nelson, Nelson, Walter Stoeppelwerth, Simon Quijano, Evans, Gemcorp Capital, Jay Shambaugh, Jorgelina, Karin Strohecker, Paul Simao Organizations: Argentine, La Libertad Avanza, REUTERS, IMF, International Monetary Fund, South, Peronist, Analysts, Graphics, Review Department, U.S ., Northwestern University, Reuters Graphics Reuters, Gletir SA, Gemcorp, Thomson Locations: La Plata, Buenos Aires, Argentina, Washington, U.S, Chicago, Zambia, Sri Lanka, Ghana, Egypt, Burundi, Saharan Africa, Rosario

☆ North Korea's new missile sub looks kind of shoddy, but the US and its allies can't afford to ignore it
▼ + stars: | 2023-09-13 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

On Friday, North Korea's state media announced the launch of its new "Korean-style" ballistic missile submarine. It's possibly the same Romeo sub that was being reworked when Kim visited the shipyard in July 2019. North Korea acquired some of them from China but also built some of its own. It also shows that North Korea is actively prioritizing new nuclear capabilities for its Navy. Although work would go slowly, it'll give North Korea another way to add to its nuclear strike power.

Persons: Kim Kun, Kim Jong, Kim, Bryan Clark, Tom Shugart, submariner, it's, it'll, Clark Organizations: Service, North, Sinpho, Shipyard, US Navy, Hudson Institute, Reuters, Korean, Navy Locations: Korea, North Korea, Wall, Silicon, South Korea, Japan, Koreans, Soviet Union, China, Korean

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Persons: Dow Jones Organizations: netflix, microsoft

☆ Netflix reworks Microsoft pact, lowers ad prices - WSJ
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: 1 min

July 27 (Reuters) - Netflix (NFLX.O) is restructuring its advertising partnership with Microsoft (MSFT.O) a year into their deal and lowering ad prices, the Wall Street Journal reported on Thursday. Reporting by Rishabh Jaiswal in Bengaluru; Editing by Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.

Persons: Rishabh, Sonia Cheema Organizations: Netflix, Microsoft, Wall Street, Thomson Locations: Bengaluru

☆ UK scraps public disclosure of short selling
▼ + stars: | 2023-07-11 | by ( Nell Mackenzie | ) www.reuters.com time to read: +1 min

LONDON, July 11 (Reuters) - The UK government said on Tuesday it would no longer require short sellers to publicly disclose their trades on UK companies. Under the rule change funds will no longer have to tell the public their individual net short positions on a stock. Currently, funds must tell the FCA when they have borrowed 0.1% of a company's outstanding stock in order to short it. Critics say short sellers hurt companies and exacerbate market volatility, but short sellers and advocates say they act as an important check on public firms. She said the move would "unleash the benefits of short selling, including enhancing market liquidity, promoting price discovery, and exposing corporate fraud."

Persons: Jillien Flores, Nell Mackenzie, Dhara Ranasinghe, Mark Potter Organizations: Financial, Authority, Union, Financial Services, Markets, FCA, Critics, Association, Thomson

☆ Glencore makes offer for Teck's steelmaking coal business
▼ + stars: | 2023-06-12 | by ( Clara Denina | ) www.reuters.com time to read: +2 min

LONDON, June 12 (Reuters) - Glencore (GLEN.L) on Monday offered to buy Teck Resources' (TECKb.TO) steelmaking coal business as a standalone unit, after the Canadian miner twice rebuffed its $22.5 billon offer to combine the two companies. "It would provide Teck with a cleaner exit from coal and allow Glencore to split its own business into CoalCo and MetalsCo." Glencore's CEO Gary Nagle in May said buying Teck's coal business as a standalone unit was a "distant second" for the Swiss mining company, as it still pursues its merger plans. Teck's steelmaking coal mines are among few left in the world, making them attractive to Glencore, as global efforts to phase out coal-fired power generation gather momentum. As part of its original proposal, Glencore offered up to $8.2 billion in cash to Teck shareholders who may not want exposure to thermal coal.

Persons: Teck, Gary Nagle, May, Pierre Lassonde, Glencore, Clara Denina, Eva Mathews, Dhanya Ann, Kirsten Donovan, Barbara Lewis Organizations: Teck Resources, Teck Metals, Deutsche Bank, Nippon Steel Corporation, Thomson Locations: Teck, CoalCo, Swiss

☆ Saudi Arabia Says It Will Cut Production to Stem a Slide in Oil Prices
▼ + stars: | 2023-06-04 | by ( Stanley Reed | ) www.nytimes.com time to read: +1 min

The group of major oil-producing countries known as OPEC Plus said on Sunday that it would embark on a complex effort to adjust production as it aimed to halt the recent slide in oil prices, including an additional cut in output of one million barrels a day by Saudi Arabia. The Saudi cut would be for one month beginning in July, but could be extended. The group, which also includes Russia and its allies, was under pressure to produce a deal to reverse the pessimism that has dominated the oil market in recent weeks. The resulting deal reworks the output quotas of several countries, with some gaining and some losing production levels. OPEC Plus, in a statement, said that it was acting “ to achieve and sustain a stable oil market,” and that it was continuing its recent approach of being “proactive, and pre-emptive.”

Persons: ”, Richard Bronze, “ Organizations: OPEC Locations: Saudi Arabia, Saudi, Russia

☆ Emily Adams Bode Aujla Finds Luxury in Upcycling
▼ + stars: | 2023-05-28 | by ( Emily Bobrow | ) www.wsj.com time to read: 1 min

When Emily Adams Bode Aujla launched her menswear brand Bode in 2016, she knew she wanted to build it herself, without investors. She says she had always hoped to create a business that she could pass down to her children. She also understood that her vision seemed to defy economic common sense. How do you scale up a label that reworks vintage quilts and antique feedsacks into one-of-a-kind luxury clothes?

☆ Analysis: Debt crunch looms for weaker economies with a wall of bond maturities ahead
▼ + stars: | 2023-04-10 | by ( Jorgelina Do Rosario | ) www.reuters.com time to read: +5 min

"A more prolonged period without market access would be of more concern for the lower-rated tiers of the emerging markets sovereign universe," said James Wilson, EM sovereign strategist for ING. Tapping international debt markets hasn't been a problem across the board for emerging economies. The JPMorgan's emerging markets bond index (EMBI) for high yield debt is at 900 basis points over U.S. Treasuries, and has largely remained over 800 bps since the beginning of last year. The Russia conflict and then the Fed hiking cycle led to higher spreads for a much longer period," said Gregory Smith, emerging markets fund manager at London-based M&G Investment. A weaker U.S. dollar should help countries to tap international markets in the medium term, but recent data fueled jitters that restrictive central bank policies could push the global economy into recession.

☆ Yellen to push for 'speedy' action on debt relief for Zambia, Ghana
▼ + stars: | 2023-04-10 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

WASHINGTON, April 10 (Reuters) - U.S. Treasury Secretary Janet Yellen will push this week for urgent resolution of requests by Zambia and Ghana for restructuring of their sovereign debts, and moves to conclude a debt treatment for Sri Lanka, Treasury said on Monday. "During the week, Secretary Yellen will ... maintain urgency for the speedy resolution of Common Framework cases like Zambia and Ghana to remove debt overhangs and foster growth in developing countries," Treasury said. Sri Lanka, Zambia and Ghana have already defaulted on their overseas debt and are working towards debt reworks with creditors. Yellen will discuss the debt issue in separate meetings with officials from the G20 group of major economies and the Global Sovereign Debt Roundtable on Wednesday, the official said. The official expressed hope the global sovereign debt roundtable meeting on April 12 would yield "actual accomplishments," the official said.

LONDON/ACCRA, Jan 4 (Reuters) - Ghana is poised to request debt relief via the G20 Common Framework programme and has sought reassurances that the negotiations can be expedited before proceeding, sources told Reuters. In December, Ghana launched a domestic debt exchange and later said it would default on nearly all of its $28.4 billion of external debts. If it received such assurances, the government would quickly sign onto the Common Framework, the source said, speaking on condition of anonymity. Another source with knowledge of Ghana's debt restructuring said it was hard to see any other outcome for Ghana than signing up to the Common Framework as they have left themselves no other options. The Common Framework, designed to allow for speedy debt reworks, has been widely criticised for its glacial progress.

Below are the events, trends and topics investors expect to shape the outlook for emerging markets next year. "The economic downturns along with the aggressive monetary tightening and geopolitical and commodity shocks that induce them will be temporarily painful in financial and emerging markets," said David Folkerts-Landau, group chief economist at Deutsche Bank. Globally, the war has transformed energy markets and inflation pressures, food security and geopolitical risk perception - factors that are often more keenly felt in emerging economies. "There's not actually a lot of debt maturing next year," said Carmen Altenkirch, emerging markets sovereign analyst at Aviva Investors. 6/ TURKEY ELECTIONSPresident Tayyip Erdogan could face the biggest political challenge of his two decades in power as Turks head to the ballot box in the most high-profile vote in emerging markets.

Extreme backwardation implied traders expected the balance to remain tight, with a further drawdown of already depleted inventories, and more upward pressure on oil prices. In late November, after consultations with traders, the U.S. Treasury published regulations signalling a relatively relaxed approach to enforcement (“Guidance on implementation of price cap policy”, OFAC, Nov. 22). Following last-minute discussions, on Dec. 2 the cap was set at $60, with a commitment to review it by mid- January 2023 and every two months thereafter (“G7 agrees oil price cap”, European Commission, Dec. 3). SETTING THE PRICE CAP LEVELIn setting a price cap for Russia’s crude and products, U.S. and EU officials have been confronted by a menu of policy options and other considerations. Related columns:- Investors dumped Brent in anticipation of relaxed oil price cap (Reuters, Dec. 5)- Global recession a bigger risk to Russia’s oil revenue than price cap (Reuters, Nov. 11)- Recession would make tough oil sanctions on Russia more likely (Reuters, July 14)- Oil market confronts U.S. and EU policymakers with unpalatable choices (Reuters, June 29)John Kemp is a Reuters market analyst.

☆ An ex-Hill staffer who worked closely with a top progressive Democrat says there's no chance she didn't vet the controversial Ukraine letter. 'She keeps a tight grip on media relations'
▼ + stars: | 2022-10-25 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +2 min

A top progressive Democrat withdrew a controversial letter to the White House on Ukraine, blaming a staffer for its release. But an ex-Hill staffer who worked closely with her office said that's "absurd." "Everyone who has worked with her office knows that she keeps a tight grip on media relations," the former Hill staffer said. "Everyone who has worked with her office knows that she keeps a tight grip on media relations. After intense criticism, Jayapal withdrew the letter Tuesday and said she accepted responsibility for its release.

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