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☆ Drought That Snarled Panama Canal Was Linked to El Niño, Study Finds
▼ + stars: | 2024-05-01 | by ( Raymond Zhong | ) www.nytimes.com time to read: +1 min

The recent drought in the Panama Canal was driven not by global warming but by below-normal rainfall linked to the natural climate cycle El Niño, an international team of scientists has concluded. Low reservoir levels have slowed cargo traffic in the canal for most of the past year. Without enough water to raise and lower ships, officials last summer had to slash the number of vessels they allowed through, creating expensive headaches for shipping companies worldwide. The area’s water worries could still deepen in the coming decades, the researchers said in their analysis of the drought. That means future El Niño years could bring even wider disruptions, not just to global shipping, but also to water supplies for local residents.

Persons: El Locations: Panama

☆ More CEOs are deciding the stress, pressure, and loneliness are just not worth the money
▼ + stars: | 2024-04-30 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Pressure, stress, and lonelinessHead honchos have been calling out the difficulties of their jobs for years. Tesla and SpaceX CEO Elon Musk has bemoaned that running a company is "really not that fun" and "just awful" at times. "The depths of loneliness I experienced as a CEO are difficult to put into words," he posted on X in January. The combination of immense pressure, stress, loneliness, and lack of work-life balance that often comes with being a CEO may well explain why few people last long in the role.

Persons: —, HSBC's Noel Quinn, Bob Bakish, Dr Martens, Kenny Wilson, Andrew Challenger, HSBC's Quinn, Elon Musk, Musk, Grzegorz Wajda, Brian Chesky, Warren Buffett, Berkshire Hathaway, Buffett Organizations: Service, Paramount, Business, SpaceX, Berkshire, he's

Their friendship was tested in 2017 when then President Trump supported a blockade of Qatar led by Saudi Arabia and the United Arab Emirates. Before the Oct. 7 attack, the Saudis were in serious talks, led by the United States, to recognize Israel. 8 of 12 Israel has a major incentive to strengthen relations with Saudi Arabia. Saudi Arabia, for its part, would benefit from direct access to the Israeli military and technology sector. In March 2023, China brokered a breakthrough, re-establishing ties between two of the region’s heavyweights, Iran and Saudi Arabia.

Persons: Benjamin Netanyahu, brandished, Jake Sullivan, —, frenemies, Israel, Netanyahu’s, Trump, Biden, Saudi Crown Prince Mohammed bin, Prince Mohammed, Bashar al, Assad, Saddam Hussein, Jordan —, hesitantly, Abraham Organizations: of Friends, General Assembly, U.S, America, Hamas, United, United Arab Emirates, Saudi Crown, Arab League, Saudi Arabia, Red Sea, Iranian, Abraham Accords, United Arab, Palestine Liberation Organization, West Bank, Palestinian Authority, The, Trump, Biden, Israel Defense Forces, United Nations, New York, Facebook Locations: India, Persian, Israel, Europe, Iran, United States, U.S, East, China, Russia, Ukraine, Syria, Yemen, Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Sudan Oman, Israel Yemen Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Arabian, Sudan, Sea Oman, Israel Yemen Ethiopia Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Arabian, Sudan Oman, Israel Yemen Ethiopia, Gaza, Qatar, Saudi Arabia, United Arab, Saudi, Tehran, Iraq, Assad, Lebanon, Lebanese, Egypt, Jordan, Bahrain, United Arab Emirates, Morocco, Fatah, Israeli, Turkey, America

☆ Inflation has investors on edge. But some sectors have deflated
▼ + stars: | 2024-04-11 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

But there are categories of goods and services that have deflated — that is, their prices have actually dropped. "You're still seeing some pockets of deflation," said Sarah House, senior economist at Wells Fargo Economics. The initial pandemic-era craze for consumers to fix up their homes and upgrade their home offices has diminished, cooling prices. This makes it less expensive for U.S. companies to import goods from overseas, since the dollar can buy more. The Nominal Broad U.S. Dollar Index is higher than at any pre-pandemic point dating to at least 2006, according to Federal Reserve data.

Persons: they've, Sarah House Organizations: Getty, Consumers, Wells, Wells Fargo Economics, U.S, Federal Reserve, Canadian Locations: Wells Fargo

☆ See Maps of Where Eclipse Seekers Flocked and the Traffic That Followed
▼ + stars: | 2024-04-10 | by ( Charlie Smart | ) www.nytimes.com time to read: +5 min

See Maps of Where Eclipse Seekers Flocked and the Traffic That Followed Movement data shows the destinations with the greatest influx of people. PATH OF TOTALITY VT. MAINE St. Johnsbury Adirondack Park N.H. N.Y. PA. OHIO ILL. IND. Greater increase in activity TEXAS Texas Hill Country PATH OF TOTALITY VT. MAINE St. Johnsbury Adirondack Park N.H. N.Y. PA. OHIO ILL. IND. PATH OF TOTALITY MAINE VERMONT Bangor Burlington NEW YORK Portland NEW HAMPSHIRE Syracuse Manchester Albany MASS. NEW YORK PATH OF TOTALITY MAINE VERMONT Bangor Burlington NEW YORK Portland NEW HAMPSHIRE Syracuse Manchester Albany MASS.

Persons: Maine —, Liam Sullivan, Mr, Sullivan, Cassandra Klos, Nick Perry, Louis W.V, ”, Richard Chen, Chen Organizations: Eclipse, MAINE St, TEXAS Texas Hill, OKLA . TEXAS Texas, MAINE VERMONT Bangor Burlington NEW YORK Portland NEW HAMPSHIRE Syracuse Manchester Albany, Portland VERMONT NEW, ”, The New York Times, Associated Press, Northeast, IOWA Toledo OHIO, Columbus Indianapolis, Toledo OHIO Locations: MAINE, N.Y . PA, OHIO, Ste, Genevieve KY, TEXAS, TEXAS Texas Hill Country MAINE, Johnsbury, Adirondack, PA . OHIO, KY, Genevieve MO, OKLA . TEXAS, Lancaster, N.H, Geneviève, Mo . State, New York, Ozarks, Arkansas, Missouri, MAINE VERMONT, Portland, Portland VERMONT NEW HAMPSHIRE Burlington, TomTom, Maine, New Hampshire, Burlington , Vt, Somerville , Mass, Somerville, Lake, Indianapolis, St, Louis, Columbus , Ohio, Toledo, Louis W.V . MO, Newport , Vt, Brooklyn, N.Y, U.S

☆ Biden to Visit Site of Baltimore Bridge Collapse on Friday
▼ + stars: | 2024-04-05 | by ( Erica L. Green | ) www.nytimes.com time to read: +1 min

President Biden plans on Friday to visit the site of the Baltimore bridge that collapsed after a colossal cargo ship plowed into it last week, killing six people and severing a major shipping and transportation artery. During his visit to the wreckage of the Francis Scott Key Bridge, Mr. Biden will take an aerial tour, receive briefings on the response efforts and meet with the families of construction workers who were plunged into the Patapsco River along with the structure. Mr. Biden is set to encounter a more than mile-long tangle of concrete and steel that has snarled traffic, devastated blue-collar communities and disrupted operations at one of America’s biggest ports, threatening chaos that could ripple across supply chains. The president has already pledged federal support to help the city recover from the March 26 catastrophe, including a vow to “pay for the entire cost of reconstructing” the bridge “as soon as humanly possible.” It was unclear whether he would announce new measures during his visit, such as an emergency funding package that would need congressional approval. Some Republicans have already rebuffed his promise to pay the entire bridge cost.

Persons: Biden, Francis Scott Key Organizations: Republicans Locations: Baltimore, Patapsco

☆ Baltimore bridge collapse a 'national economic catastrophe,' says Maryland governor
▼ + stars: | 2024-03-31 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

The collapsed Francis Scott Key Bridge lies on top of the container ship Dali in Baltimore, Maryland, on March 29, 2024. The collapse of Baltimore's Francis Scott Key Bridge on Tuesday is likely to send shock waves across the U.S. economy, as a key shipping route for certain goods remains snarled for the foreseeable future, officials said Sunday. "This is not [just] a Baltimore catastrophe, not a Maryland catastrophe. This is a national economic catastrophe as well," Maryland Gov. The bridge collapsed Tuesday after a large cargo ship crashed into it, following a mayday call shortly before the collision.

Persons: Francis Scott Key, Baltimore's Francis Scott Key, Wes Moore, Moore, Pete Buttigieg, Buttigieg, There's Organizations: Port, . Transportation, CBS, Federal, Eiffel Locations: Dali, Baltimore , Maryland, U.S, Baltimore, Maryland, Port of Baltimore, Kentucky, Ohio, Tennessee

The world's governments have agreed they want to triple renewable energy by 2030, a goal laid out at the U.N. climate summit in December. Here are the big hurdles to solar, wind and other renewable energy projects:COSTLY CREDITCentral banks in Europe and the U.S. have raised interest rates to combat inflation. Renewables have much higher up-front costs to build wind farms, solar arrays and more, and that borrowing costs money. Germany's southern region of Bavaria, for example, is known for resisting the noise and appearance of wind turbines in its scenic landscape. Installations have lagged in Bavaria and other regions despite the German government's push for more renewable energy after losing affordable Russian natural gas used to heat homes, generate electricity and power factories.

Persons: Todd Moss Organizations: U.S, Renewables, State Department, Energy, Growth Locations: Europe, Germany's, Bavaria, Ghana, U.S, Washington

☆ A New Surge in Power Use Is Threatening U.S. Climate Goals
▼ + stars: | 2024-03-13 | by ( Brad Plumer | Nadja Popovich | ) www.nytimes.com time to read: +14 min

Nathan Howard for The New York TimesIn California, electric vehicles could soon account for 10 percent of peak power demand. AP Photo/Mike StewartIn interviews, utility executives say gas is needed to back up wind and solar power, which don’t run all the time. Gas plants can sometimes be easier to build than renewables, since they may not require new long-distance transmission lines. “It’s going to take a diversified fleet.”Mr. Mitchell noted that Georgia Power was planning a large build-out of solar power and batteries over the next decade and would offer incentives to companies to use less power during times of grid stress. The tech companies and manufacturers that are driving up electricity demand could also play a major role, experts say.

Persons: ”, Daniel Brooks, Nathan Howard, Lauren Justice, Biden’s, “, Tyler H, Norris, Mr, John Wilson, Ken Seiler, Seiler, Devin Hartman, Duke, Kendal Bowman, Duke Energy’s, it’s, we’ve, Georgia Power, It’s, Greg Buppert, Megan Varner, Mike Stewart, Aaron Mitchell, “ It’s, Mitchell, Heather O’Neill, Brian Janous Organizations: Electric Power Research Institute, The New York Times, Duke University, Biden, Utilities, North American Electric Reliability Corporation, Boston Consulting, Dominion Energy, Nationwide, R Street Institute, The New York Times Soaring, Duke Energy, Georgia, Southern Environmental Law Center, AP, Dominion, Georgia Power, Advanced Energy, Microsoft Locations: America, California, Virginia, Georgia, North Carolina, South Carolina , Tennessee, Kansas, Northern Virginia, Arizona, Texas, Illinois, New Jersey, York City, PJM, “ Texas, Ashburn, Va, Dalton , Ga, Dalton, Duke

☆ Aldi plans to open 800 new locations in the next five years
▼ + stars: | 2024-03-07 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

Some of the 800 new locations will be store conversions from its now-complete acquisition of Winn-Dixie and Harveys Supermarkets, with a “significant number” of those locations — largely located in the Southeast — ditching their respective names and being remodeled into an Aldi. Approximately 50 stores will be converted later this year, with a majority of those reopening under the Aldi name in 2025. However, the Winn-Dixie and Harveys Supermarkets names won’t completely disappear: Aldi said that a “meaningful amount” of locations will retain that branding. Aldi’s newest plan brings its store count to nearly 3,000 US locations, a notable expansion but still trailing against its rivals. If their merger is approved, Kroger and Albertson’s will have about 4,500 locations and Walmart, the nation’s largest grocer, has nearly 5,000.

Persons: Aldi, Winn, Neil Saunders, Saunders, ” Saunders, Albertson’s Organizations: New, New York CNN, Winn, Dixie, Harveys, Aldi, GlobalData, Kroger, Walmart Locations: New York, Northeast, Midwest, West, Southern California, Phoenix, Las Vegas

☆ Why Power Eludes the French Left
▼ + stars: | 2024-03-06 | by ( Elisabeth Zerofsky | ) www.nytimes.com time to read: +1 min

As transit walkouts snarled traffic and sanitation strikes caused trash to pile up in the streets, the protests were ridiculed abroad. Why must the French, among the best-protected workers in the Western world, make such a racket over two years of work? But for the demonstrators, this missed the point: It is because French workers put up a fight that they are protected. France has always been a vanguard of leftist politics. How it fares says much about where the left may be headed and the headwinds it faces, not just in France but throughout the West.

Persons: Samira Organizations: Writers Guild of America, United Auto Workers, UPS Teamsters, National Health Service Locations: Teleperformance, France, United States, Britain

☆ Warren Buffet's son Howard has given $500M to Ukraine — he warns the US is making a historic mistake by pulling its support
▼ + stars: | 2024-02-24 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +8 min

But Howard Buffett, the elder son of Warren, the billionaire investor and Berkshire Hathaway CEO, has no intention of foresaking Ukraine or its President Volodymyr Zelenskyy. And it's going to be one of the biggest mistakes that the United States makes historically if we don't continue to support Ukraine. The UK has contributed $620 million and the Netherlands has provided $780 million, per the Kiel Institute's Ukraine Support tracker. But Howard Buffett has lent his voice to political advocacy, speaking out to support Ukraine and advocating for increased international support and military aid to the war-torn country. Howard Buffett in Ukraine.

Persons: —, Russia's, Howard Buffett, Warren, Volodymyr Zelenskyy, Buffett, Buffett's Howard G, He's, he's, Warren Buffett's, Warren Buffett, Ukraine's, Zelenskyy, it's, Howard Buffet, Paula Bronstein, Buffett's, Putin, Howard G, Oleksandr Prokudin, Buffett Foundation Howard Buffett, Theron Mohamed Organizations: Service, Republican Party, Business, Berkshire Hathaway, Buffett Foundation, AP, NATO, Kherson, Zelenskyy Locations: Ukraine, Russia, Avdiivka, United States, Zelenskyy, Kyiv, Netherlands, Kiel, America, Zolota Nyva, Donetsk district, Europe, Kherson, Macon County , Illinois

☆ The economy's gone from strength to strength after the pandemic — but no one quite knows why, or what comes next
▼ + stars: | 2024-02-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +8 min

America has gone from a pandemic crash and recession fears to stocks at record highs and an economic boom. Lockdowns, wars, shortages, inflation, interest rates, day trading, and AI have all played a role. Noam Galai/SOPA/Getty ImagesMany Americans also socked away money during the pandemic, as they saved on expenses like travel and live entertainment. Stimulus-fueled demand, combined with pandemic and war-related supply disruptions, caused inflation to spike to a 40-year high of 9.1% in June that year. The Fed swiftly raised interest rates to rein in the price growth, lifting them from virtually zero to upward of 5% in under 18 months, and hasn't touched them since.

Persons: —, We've, Noam Galai, hasn't, It's, dory Organizations: Service, Federal Reserve, GameStop, AMC Entertainment, AMC, Bank Locations: America, China, Ukraine

Among other things, he denied a motion from Trump to dismiss the case and set parameters for jury selection. "At this point, I can inform you that we're moving ahead with jury selection on March 25," he told the court. The Week in Cartoons Feb. 12-16 View All 17 Images“There was a tendency to disparage this case as being the least important – it’s just hush money. Trump denies any wrongdoing and has said that the payments to Cohen were simply reimbursements for legal expenses. “I was probably the only one who didn’t see it that way and felt like I was fighting an uphill battle.

Persons: Donald Trump, Trump, Judge Juan Merchan, ”, Shanlon Wu, Cohen Seglias, Stormy Daniels, Michael Cohen, Attorney Alvin Bragg, reimbursements, Cohen, Daniels, Norm Eisen, “, ” Eisen, ” Trump, Karen Agnifilo, it's, Joe, Joe Biden’s, It’s, Agnifilo, Merchan, Arthur Engoron, Jean Carrol, Wu Organizations: Trump, Republican, Manhattan, Attorney, Prosecutors, …, Washington , D.C, Capitol Locations: Manhattan, Clinton, Washington ,, Georgia’s Fulton County, New York’s

☆ Deflation: Here's where prices fell in January 2024, in one chart
▼ + stars: | 2024-02-14 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

These are the big deflationary factors"A lot of factors have come together to push goods prices down," said Mark Zandi, chief economist at Moody's Analytics. In addition to normalizing supply-demand dynamics, a historically strong U.S. dollar relative to other global currencies has also helped rein in goods prices, Zandi said. Falling energy prices have also put downward pressure on goods prices, due to lower transportation and energy-intensive manufacturing costs, economists said. Lower energy prices also put downward pressure on the transportation of food to store shelves. Consumers get more for roughly the same amount of money, which shows up as a price decline in the CPI data.

Persons: RC Willey, George Frey, Jay Bryson, there's, Mark Zandi, Zandi, rebalancing, J.P, Hopper Organizations: RC, Bloomberg, Getty, U.S . Bureau of Labor Statistics, Wells, Wells Fargo Economics, Moody's, U.S . Federal, Services, Finance, Morgan's, Investment, Group, of Labor Statistics Locations: Draper , Utah, Wells Fargo, U.S, Salinas, California

☆ Critical House Election in New York Is Altered by a New Dynamic: Snow
▼ + stars: | 2024-02-13 | by ( Nicholas Fandos | ) www.nytimes.com time to read: +1 min

Republicans and Democrats were locked in a desperate race Tuesday afternoon to turn out voters after an ill-timed Election Day snowstorm snarled the close of a tightly contested special House election to replace George Santos in New York. The Congressional Leadership Fund, the House Republicans’ main super PAC, even hired private snow plows to help clear the party’s best precinct areas faster, according to its spokeswoman. The group, which had already spent $5 million on the race, did not share the cost of the last-minute service. Turnout plummeted during the heaviest snow Tuesday morning, an alarming sign for Republicans who had counted on an Election Day surge to offset Democrats’ apparent advantage in early and absentee voting. But by evening, Republicans suggested that they were recovering in the few hours left before polls close at 9 p.m.

Persons: George Santos, canvassers Organizations: Queens and, Congressional Leadership Fund, Republicans ’, PAC, Republicans Locations: New York, schlep, Queens and Long

☆ Spanish Farmers Take to Streets for Fourth Day, Plan Madrid Protests
▼ + stars: | 2024-02-09 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

TORIJA, Spain (Reuters) - Spanish farmers on Friday blocked streets across the country in a fourth day of protests and announced plans to gather in Madrid as they railed against the EU's environmental rules and what they see as excessive taxes and red tape. Since Tuesday, Spanish farmers have joined peers from Germany, France, Italy, Portugal and Belgium in daily protests that include blocking several highways and ports. The three main farmers' associations - COAG, Asaja and UPA - kicked off their demonstrations on Thursday, though many had started earlier in the week. Plataforma 6, a newly created farmers' group, said it would gather outside all regional government buildings in Spain, including Madrid. The head of business association CEOE Antonio Garamendi expressed solidarity with the farmers' protests but said they had to be conducted "in moderation to avoid harming other sectors".

Persons: Javier Corral, CEOE Antonio Garamendi, Guillermo Martinez, Marco Trujillo, Catarina Demony, David Latona, Andrei Khalip, Charlie Devereux Organizations: UPA, Farmers, El Mundo Locations: Spain, Madrid, Germany, France, Italy, Portugal, Belgium, Asaja, Torija, Jerez, Moroccan, Merida, lobbing

☆ Atmospheric River Drenches California, With More Storms on the Way
▼ + stars: | 2024-02-01 | by ( Jill Cowan | ) www.nytimes.com time to read: +1 min

A powerful storm known as an atmospheric river swept over California on Thursday, soaking the state with rain and leaving a trail of damage that has become familiar to residents in recent years: fallen trees, flooded roads and snarled travel. Though the storm was not expected to cause the kind of chaos that was sown by a succession of atmospheric rivers last winter, forecasters and officials urged Californians to stay alert and be ready for an even larger tempest arriving over the weekend. “We are in full preparation mode,” said Jackie Ruiz, a spokeswoman for the Santa Barbara County Office of Emergency Management. “We’re definitely encouraging people to stay local, hunker down and if there’s no urgent need to be on the road, stay off the road.”Communities in Santa Barbara County, tucked between the mountains and the sea, are especially vulnerable to flooding and mudslides. But meteorologists said that significant rainfall from the back-to-back storms was likely to affect almost the whole state.

Persons: ”, Jackie Ruiz, “ We’re Organizations: Santa, Santa Barbara County, Emergency Management Locations: California, Santa Barbara, ”

☆ Farmers Block Traffic Near Paris Before Prime Minister’s Speech
▼ + stars: | 2024-01-30 | by ( Aurelien Breeden | ) www.nytimes.com time to read: 1 min

Barricades of tractors and bales of hay snarled traffic around Paris on Tuesday for a second day as hundreds of angry farmers blocked roads in and out of the French capital before a major policy speech by France’s prime minister. The authorities closed off whole sections of at least seven major highways around Paris because of the protests, sometimes for several miles, as farmers demanded solutions to their varied list of demands on farming subsidies, environmental regulations and foreign competition. About 1,000 protesters with more than 500 tractors formed the road barricades around Paris, according to estimates by the French authorities reported in the news media. The traffic bottlenecks, while bad, did not encircle the city and were not crippling, and broader disruptions to the French capital, such as delayed deliveries of food and other products, were so far limited.

Locations: Paris

☆ Insurers shun many ships carrying goods through the Red Sea as attacks continue
▼ + stars: | 2024-01-17 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

The crisis in the Red Sea threatens to damage the economy by increasing prices on consumers and delaying the shipment of goods. A Houthi official vowed on Wednesday that attacks on “Israeli-linked” vessels in the Red Sea as well as the Arabian Sea will continue. Ikea also does not foresee any product shortages from the Red Sea problems. “Shippers are now much better at using alternative ways of moving their goods around the world,” Zandi said. “We have not seen the situation in the Red Sea translate into material movements in prices in the US such as consumer goods and gasoline prices,” Schwartz said.

Persons: ”, Marcus Baker, Marsh McLennan, Baker, Vicent Clerc, ” Clerc, CNN’s Richard Quest, Mark Zandi, Zandi, Kristalina Georgieva, Quest, ” Zandi, Stephen Schwartz, ” Schwartz Organizations: CNN, US, US Central Command, Maersk, International Monetary Fund, Oxford University . Shipping, P, Moody’s, Global, IMF, Economic, Wednesday, Ikea, Wells, Wells Fargo Global Receivables, Trade Finance Locations: Israel, Marsh, Suez, Africa, China, Davos, Switzerland, “, Asia, Europe, Germany, Wells Fargo, Iran

☆ Flight disruptions linger as winter storms, Max 9 grounding snarl travel
▼ + stars: | 2024-01-16 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +2 min

Airlines canceled more than 1,800 U.S. flights Tuesday as winter weather continued to disrupt travel for millions of travelers. Airlines canceled or delayed about 60% of flights at New York's LaGuardia Airport. At nearby Newark Liberty International Airport, a hub for United , more than 35% of flights were canceled or delayed. Reagan Airport saw more than 40% of its flights canceled or delayed. Alaska canceled more than 15% of its flights Tuesday, while United canceled about 12%.

Persons: Washington's Ronald Organizations: Denver International Airport, Airlines, D.C, U.S, National Weather Service, Washington's Ronald Reagan National Airport, LaGuardia, Newark Liberty International Airport, United, Reagan, Southwest Airlines, Boeing, Max, Alaska Airlines, CNBC PRO Locations: Denver , Colorado, U.S, New York, Washington, New, Alaska

☆ Nine dead after armed men raid Peru's Poderosa mine - ministry
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: +1 min

LIMA, Dec 2 (Reuters) - Nine people were killed and 15 injured after armed men raided Peru's Poderosa mine with explosives and took hostages, the Interior Ministry said late on Saturday. Police have "taken control of the situation", seven people have been arrested and weapons seized, the ministry said in a statement, adding it had ordered special forces to the area to support local police. The attackers entered the mine shaft, using explosive charges, "violently confronting internal security personnel from the company and taking four people hostage", the ministry said. Peru is the world's second-largest producer of copper, and an important silver and gold producer. Reporting by Marco Aquino in Lima and Shivani Tanna in Bengaluru; Editing by Lincoln Feast and William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: LIMA, Peru's, Pedro Castillo, Marco Aquino, Lincoln, William Mallard Organizations: Interior Ministry, Saturday . Police, Thomson Locations: Peru, Lima, Bengaluru

☆ Nine Dead After Armed Men Raid Peru's Poderosa Mine - Ministry
▼ + stars: | 2023-12-02 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +1 min

LIMA (Reuters) -Nine people were killed and 15 injured after armed men raided Peru's Poderosa mine with explosives and took hostages, the Interior Ministry said late on Saturday. Police have "taken control of the situation", seven people have been arrested and weapons seized, the ministry said in a statement, adding it had ordered special forces to the area to support local police. The attackers entered the mine shaft, using explosive charges, "violently confronting internal security personnel from the company and taking four people hostage", the ministry said. Peru is the world's second-largest producer of copper, and an important silver and gold producer. (Reporting by Marco Aquino in Lima and Shivani Tanna in Bengaluru; Editing by Lincoln Feast and William Mallard)

Persons: Peru's, Pedro Castillo, Marco Aquino, Lincoln, William Mallard Organizations: Reuters, Interior Ministry, Saturday . Police Locations: LIMA, Peru, Lima, Bengaluru

☆ NATO Leaders Try to Pin Down U.S. on Ukraine Aid as Republicans Waver
▼ + stars: | 2023-11-28 | by ( Lara Jakes | More About Lara Jakes | ) www.nytimes.com time to read: +1 min

A White House proposal to send Ukraine about $61.4 billion in additional emergency aid — out of an overall $105 billion plan — has stalled in the Republican-led House. That has left the United States with less than $5 billion available to contribute to the war; American military aid to Ukraine has so far totaled about $45 billion in weapons and equipment. The American secretary of state, Antony J. Blinken, tried to assuage concerns among NATO leaders. “We will be strongly reaffirming our support for Ukraine as it continues to face Russia’s war of aggression,” Mr. Blinken said a few hours later, as he headed into Tuesday’s meetings. The pointed remarks underscored NATO’s attempts to deter Russia as its war in Ukraine approaches the two-year mark — and as all indications suggest the conflict will likely drag out for far longer.

Persons: —, Antony J, Blinken, “, Mr, NATO’s Organizations: Republican, NATO Locations: Ukraine, United States, Russia, Sweden

☆ Storm Batters Southern Ukraine, Spreading Misery for Civilians and Soldiers
▼ + stars: | 2023-11-27 | by ( Marc Santora | More About Marc Santora | ) www.nytimes.com time to read: +1 min

A powerful wintry storm battered southern Ukraine on Monday, washing away Russian coastal defenses from some beaches on the occupied Crimean peninsula. The storm, which Ukrainian meteorologists said was among the most intense in decades, snarled supply routes for both countries’ armies and deepened the misery of tens of thousands of soldiers huddled in shallow trenches across the sprawling front line. As temperatures plunged below freezing across much of the country, hundreds of thousands of civilians were left without power in Russian-occupied territories and tens of thousands more lost power across southern Ukraine. All the hardships that a winter storm typically delivers were compounded and complicated by the exigencies of war. A blizzard of snow, for example, stranded civilians on roads while complicating the movement of humanitarian aid to communities across Ukraine ravaged by fighting.

Locations: Ukraine, Crimean, Azov

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