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☆ Russia is finally getting serious about its war, and it spells trouble for Ukraine
▼ + stars: | 2024-05-18 | by ( Jake Epstein | ) www.businessinsider.com time to read: +12 min

Much of the war in Ukraine has gone poorly for Russia. But Russian President Vladimir Putin's war machine looks very different today than it did at the start of the conflict. The Russian military continued to suffer from other problems in the first year of fighting, racking up troop and equipment losses while failing to capture significant amounts of Ukrainian territory. AdvertisementThe following month, a top US official and general said, respectively, that the Russian military was "almost completely reconstituted" and had "grown back" to its pre-war strength. The employment of glide bombs to support ground maneuver is the primary example of how Russia's military is successfully learning from its past shortcomings, Barros said.

Persons: —, Vladimir Putin's, Putin, Vladimir Putin, Miguel Diaz, Canel, Maxim Shemetov, George Barros, Russia's, Stringer, They've, Chris Cavoli, Andrei Belousov —, Sergei Shoigu, Barros, It's, Andrei Belousov, VYACHESLAV PROKOFYEV, Oleksandra Novosel, Biden, Sergey Pivovarov, Mick Ryan, Jack Watling Organizations: Service, Business, Cuban, Institute for, Ukraine, REUTERS, Allied, US European Command, Sputnik, Security, Defense, Getty, JSC, UA, PBC, 42nd Separate Mechanized Brigade, Russian, Kharkiv, Royal United Services Institute Locations: Russia, Moscow, Ukraine, Ukraine —, —, Russian, Kharkiv, Kherson, Robotyne, Ukraine's Zaporizhzhia, Soviet, Shevchenkivskyi, Avdiivka, Washington, Russia's Rostov, Australian, Kyiv

☆ Genius or madness? Why Putin wants an economist to be Russia's new defense minister at a key point in the war
▼ + stars: | 2024-05-14 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

But Putin's replacement of Defense Minister Sergei Shoigu was unexpected — and his choice of successor, civilian economist Andrei Belousov, was even more of a surprise. Russia's incoming Defense Minister Andrey Belousov. "Belousov's main goal is to secure [Russia's] military needs in terms of arms. The Kremlin announced on Sunday that Shoigu, Russia's defense minister since 2012, had been relieved of his post and would become secretary of Russia's influential Security Council. Prigozhin died last August in a plane crash after a short-lived and ill-fated rebellion against Russia's military leadership.

Persons: Vladimir Putin, Miguel Diaz, Maxim Shemetov, Sergei Shoigu, Andrei Belousov, Belousov, Putin, Andrey Belousov, Shoigu, Belousov's, Dmitry Peskov, Peskov, Uralvagonzavod, Ramil Sitdikov, Staff Valery Gerasimov, Tatiana Stanovaya, Stanovaya, Nikolai Patrushev, Yevgeny Prigozhin, Ukraine —, Prigozhin, Valery Gerasimov, Mikhail Klimentyev Organizations: Cuban, Canel, Reuters, NATO, Institute for, Anadolu, Getty, Kremlin, Russian MoD, Defense Ministry, Sputnik, Afp, Staff, Carnegie Russia Eurasia Center, CNBC, Nazi, Security, Wagner Group, Russian Armed Forces, Russian Defence, Defence Ministry Board, National Defence Control Centre Locations: Moscow, Russia, Ukraine, Washington, Kharkiv, Russian, Urals, Nizhny Tagil, Nazi Germany, Kremlin

☆ Andrey Belousov: Shifting his fishing buddy sideways, Putin chooses an economy expert for the war in Ukraine. Here’s why
▼ + stars: | 2024-05-13 | by ( Nathan Hodge | ) edition.cnn.com time to read: +6 min

Alexandra Prokopenko, a former adviser at Russia’s Central Bank, put the shakeup down to the growing interrelationship between the war and Russia’s economy. “Putin’s priority is war; war of attrition is won by economics,” Prokopenko wrote in a thread on X. Russia's President Vladimir Putin, center-right, with Sergei Shoigu, at Red Square for the Victory Day military parade in central Moscow on May 9, 2024. Putin has shifted Shoigu sideways to a post as the secretary of Russia’s Security Council, meaning that Shoigu is not completely out of the picture. Discussing Shoigu’s new appointment, Kremlin spokesperson Dmitry Peskov said the former defense minister would remain immersed in matters of military production.

Persons: Vladimir Putin’s, shakeup, Andrey Belousov, Sergei Shoigu, Alexandra Prokopenko, ” Prokopenko, Belousov, Vladimir Putin, Natalia Kolesnikova, Prokopenko, Pyotr Stolypin, Putin, Shoigu’s, Dmitry Peskov, Peskov, ” Peskov, General Valery Gerasimov, Nikolai Patrushev, Patrushev, Mikhail Mishustin, Dmitry Patrushev, “, ”, Tatiana Stanovaya Organizations: CNN, Kremlin, Russian Ministry of Defense, Russia’s Central Bank, Russia's, Victory Day, Getty, NATO, Putin, US Congress, Ministry of Defense, Security, Russia’s General Staff, subjugating, Security Council, Federal Security Service Locations: Ukraine, Russia, Moscow, AFP, Europe, Kyiv, Shoigu, Russian, Japan, Soviet Union, subjugating Ukraine, Patrushev

☆ Man Behind California Forever, Silicon Valley's City of the Future
▼ + stars: | 2024-05-05 | by ( Hugh Langley | Adam Rogers | ) www.businessinsider.com time to read: +29 min

He sees California Forever. And if he can't undo the damage, there may never be a California Forever. California Forever may be a subdivision, but it's precisely the kind of subdivision America needs right now. But here's the thing: California Forever may be a subdivision, but it's precisely the kind of subdivision America needs right now. Places like California Forever aren't being opposed by the people who are desperate for a place to live.

Persons: Jan Sramek's, Goldman Sachs, Sramek, Reid Hoffman, Laurene Powell Jobs, Marc Andreessen —, They've, Christie Hemm, Peter Thiel, Jan Sramek, Jan, Thiel, Goldman, CheatSheet, Sramek's, hadn't, Jonas Rave, who's, —, Guy Saidenberg, Evernote, Marc Andreessen, Jane Jacobs, He's, he'd, Robert Moses, growth.y Christie Hemm, Flannery, Bronson Johnson, David George, Andreessen Horowitz, Marilyn Farley, Farley, Solano County's, Kathleen Threlfall, Bill Mortimore, California Forever's, Jessica Christian, he's, Lyle Lanley, Solano, Sam Houston, weren't, Gabriel Metcalf, You've, John Garamendi, Garamendi, isn't, they'll, latte, Christie, Travis, I've, aren't, They're Organizations: Silicon, California, BI Development, University of Cambridge, London School of Economics, Party, Rising Star, Facebook, York, Sramek's, BI Sramek, Google, American, Planners, Sacramento -, Travis Air Force Base, Area, titans, Farmers, councilwoman, California Forever, Sacramento Municipal Utility District, Air Force, Flannery Associates, Disney, San Francisco, Vallejo Naval, Historical Museum, Rep, BI, Solano, Sierra, Goldman Locations: San Francisco, It's, Sramek, California, Rio Vista, Solano County, Napa, Sacramento, Silicon Valley, America, London, Zurich, England, Czech Republic, Dřevohostice, York, British, Eastern Europe, Cambridge, Bay Area, Hayes Valley, America's cutest, Atlanta, Phoenix, Copenhagen, Barcelona, New York, Sacramento - San Joaquin, San Francisco Bay, Lake Tahoe, Toledo , Ohio, Silicon, Google's, Toronto, Big Tech, China, Calif, Springfield, Vallejo, He's, Atherton, Foreverville, Fairfield, Austin, Solano, Valley, Europe

☆ Meet the woman who engineered Russia's wartime economy and helped secure another term for Putin
▼ + stars: | 2024-04-02 | by ( Huileng Tan | ) www.businessinsider.com time to read: +12 min

Russian central bank governor Elvira Nabiullina has played a key role in stabilizing Russia's sanctions-hit economy. It's also aimed at the woman behind him: Elvira Nabiullina, the country's central bank governor, who plays a chief role in keeping Russia's wartime economy ticking. At the time, she was the first woman to lead a Group of Eight, or G8, central bank. In 2015, Euromoney, a finance trade publication, named Nabiullina Central Bank Governor of the Year. In December, she issued a warning that Russia's economy was at risk of overheating.

Persons: Elvira Nabiullina, —, Putin, It's, Nabiullina, Daniel McDowell, McDowell, wined, Christine Lagarde, Nabiullina —, Richard Portes, Portes —, Portes, Anders Åslund, Åslund, Leo Tolstoy, Fyodor Dostoevsky, Franz Kafka, Yaroslav Kuzminov, Kuzminov, Nabiullina's, Alan Harvey, Herman Gref —, Central Bank Governor Elvira Nabiullina, Maxim Shemetov, Michel Camdessus, she's, isn't, Sergei Aleksashenko, Alexei Makarkin, Vladimir Pesnya, Nabiulina, let's Organizations: Ukraine, Service, Russian, KGB, Syracuse University, Kremlin, International Monetary Fund, US, London Business School, Moscow Times, Bloomberg, Higher School of Economics, —, Moscow State University, SNS, USSR, Industrial Union Board, Gref, Central Bank Governor, Nabiullina Central Bank Governor, Banker, Central Banker, IMF, Monetary Fund, Financial Times, Government, Political Technologies, Wall Street Journal, RBC, Politico Europe Locations: Russian, Ukraine, Russia, Brussels, Nabiullina, Swedish, Moscow, Ufa, Central Russia, Tatars, Crimea, Euromoney, Europe, steadying

☆ Merely winning has never been enough for Putin — and this year's presidential election is no different
▼ + stars: | 2024-03-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

There's little doubt Putin, 71, will win, even as the Ukraine war drags into its third year, analysts say. After all, his challengers — who were approved to run by the country's election commission — are far from his level of clout and influence. But for Putin, merely winning has never been enough — and 2024 looks no different. Putin needs to show that Russians really want him to leadFor Putin, it's not about winning. As Thomas Graham, a fellow at the Council on Foreign Relations, wrote on March 7, "Just winning has never been enough for Putin.

Persons: —, There's, Putin, it's, It's, Thomas Graham, David Szakonyi, Elvira Nabiullina, Nabiullina, they're, Vladimir Putin Organizations: Service, Business, International Monetary Fund, Council, Foreign Relations, George Washington University, Profit, Central Bank of Russia, Putin Locations: Ukraine, Russian, Policymaking, Russia, Polish

☆ Opinion | Building the Palestinian State With Salam Fayyad
▼ + stars: | 2024-02-09 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +1 min

But the truth is you don’t need just a partner — you need two partners able to deliver at the same time. So you could see it as a tragedy of history that Salam Fayyad joined the Palestinian Authority in 2002, at the height of the second intifada, just as Israeli society shifted hard to the right. A Western-educated economist, Fayyad is a technocrat at heart. And as the Palestinian Authority’s finance minister, and then as prime minister, he dedicated himself to the spadework of state-building. His theory was that instead of waiting around for the peace process to deliver Palestinian statehood, he would just build a state — institutions, infrastructure, security, sewers and all — and then statehood would follow.

Persons: ” That’s, Salam Fayyad, “, Ezra Klein, Fayyad Organizations: Palestinian Authority, Apple, Spotify, Amazon Music, Google, Palestinian Locations: Israel

☆ The Russian government and its central bank are publicly disagreeing on how to handle the economy
▼ + stars: | 2024-01-25 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

On the same day, Russia's central bank said the impact of the measures is moderate, and they shouldn't be extended. AdvertisementRussian officials are publicly arguing about capital controls, highlighting disagreement in the country's elite class about how to handle its sanctions-stressed economy. AdvertisementIt's not the first time Russian government officials and the country's central bank have aired their disagreements in public. Elvira Nabiullina, Russia's central bank governor and Putin's top technocrat for the economy, pushed back against the criticism, saying the ruble's slide was due to changing trade flows in and out of Russia amid sanctions. Advertisement"Blaming the central bank is like a drunkard's search — looking for the guilty where the light is," she said at the time.

Persons: Putin, —, Vladimir Putin, Andrei Belousov, Elvira Nabiullina Organizations: Service, Telegram Locations: Russia, Russia's, Russian

"With this (decision) Yoon is trying to make sure there is policy continuity in place ahead of election," said Park Sang-hyun, an economist at HI Investment & Securities. "Choi has been long-time finance ministry person and he basically spearheaded major economics policies of the Yoon administration from the very beginning so its a safe choice." Choi has a bachelor's degree from the Seoul National University law school, where Yoon also studied around the same time. Choi's career in government service has been mostly at the finance ministry, overseeing economic policy making, financial market policies, and external business relations. Yoon doesn’t need parliamentary approval to appoint a new finance minister, who also serves as deputy prime minister.

Persons: Yoon Suk, Choi Sang, mok, Choi, Choo, Yoon, Yoon's, Yoon doesn’t, Soo, hyang Choi, Ed Davies Organizations: HI Investment, Securities, Gallup, Bank of, Seoul National University, Thomson Locations: SEOUL, Gallup Korea, Daegu

Spain's Prime Minister Pedro Sanchez takes the oath of office during a ceremony at Zarzuela Palace in Madrid, Spain November 17, 2023. Calvino, who is the frontrunner for the top job at the European Investment Bank scheduled to be announced at the end of the year, will also keep her position as first deputy prime minister, Sanchez said in a televised statement. Given the anticipated difficulty of passing laws with a minority government, Budget Minister Maria Jesus Montero will be promoted to be one of four deputy prime ministers. His four deputy prime ministers are all female. Junior coalition partner Sumar got five portfolios, keeping its share of power within the cabinet.

Persons: Pedro Sanchez, Andres Ballesteros, Nadia Calvino, Calvino, Sanchez, Teresa Ribera, Maria Jesus Montero, Jose Manuel Albares, Yolanda Diaz, Sumar, Felix Bolanos, Ana Redondo, Irene Montero, Ione Belarra, Belen Carreno, Inti, Aislinn Laing, Toby Chopra, Charlie Devereux, Ed Osmond, William Maclean Organizations: Spain's, Rights, Socialist, European Investment Bank, European, Energy, Labour, Socialists, Junior, Thomson Locations: Zarzuela, Madrid, Spain, Rights MADRID, Maria Jesus Montero ,, Sumar

☆ China to accelerate issuance of government bonds, finance minister says
▼ + stars: | 2023-11-05 | by ( ) www.reuters.com time to read: +2 min

A woman walks in the Central Business District (CBD) on a hazy morning in Beijing, China, October 25, 2021. REUTERS/Thomas Peter/File Photo Acquire Licensing RightsBEIJING, China, Nov 5 (Reuters) - China will accelerate the issuance and use of government bonds, state-run news agency Xinhua reported on Sunday citing an interview with new finance minister Lan Foan. "The Ministry of Finance will continue to implement a proactive fiscal policy, focus on improving efficiency, and better play the effectiveness of fiscal policy," said Lan, who also noted the "complex domestic and international situation". Some new local government debt quotas for 2024 have been issued in advance to reasonably ensure local financing needs, he said. The top parliamentary body last month approved the issuance of 1 trillion yuan ($137 billion) in sovereign bonds in the fourth quarter to fund rebuilding of areas affected by floods, state media reported.

Persons: Thomas Peter, Lan Foan, Lan, Liu Kun, Martin Quin Pollard, Wang Shuyan, William Mallard, Christopher Cushing Organizations: Central Business, REUTERS, Rights, Xinhua, Ministry, Finance, Communist Party, Thomson Locations: Beijing, China, Rights BEIJING, Shanxi

☆ Italy Weighs Ban on Technocrat-Led Government in Proposed Constitution Reform
▼ + stars: | 2023-11-03 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

By Angelo Amante and Giuseppe FonteROME (Reuters) - Italy's cabinet was set to propose on Friday a ban on technocrat-led governments, a draft law bill seen by Reuters showed, as part of a constitutional reform to introduce the direct election of the prime minister. Italy has had almost 70 governments since World War Two, more than twice the number in Britain and Germany. The right-wing administration of Prime Minister Giorgia Meloni, who took office last year, made ending the country's chronic political instability strengthening the bond between governments and voters a key policy plank. The main opposition groups, the centre-left Democratic Party (PD) and the 5-Star Movement, have already spoken out against the plan. Only the small centrist Italia Viva party of former premier Matteo Renzi said it might back the government.

Persons: Angelo Amante, Giuseppe Fonte, Giorgia Meloni, Mario Draghi, Sergio Mattarella, COVID, Matteo Renzi, Alison Williams Organizations: Reuters, European Central Bank, Democratic Party, Star Movement, Italia Viva Locations: Italy, Britain, Germany, technocrats

☆ Li Keqiang: China’s former Premier dead at 68 according to state media
▼ + stars: | 2023-10-27 | by ( Simone Mccarthy | Steven Jiang | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —Former Chinese Premier Li Keqiang, once seen as a reform-minded contender to the country’s top leadership role, died of a sudden heart attack early Friday in Shanghai, state media reported. 2 leader until late last year, served as the country’s premier – traditionally in charge of the economy – for a decade from 2013 to March this year under strongman leader Xi Jinping. Under Hu, Li was named to the party’s top central leadership body the Politburo Standing Committee in 2007. Then 67, Li was one year short of the unofficial retirement age for senior Chinese Communist Party leaders. He was succeeded as premier earlier this year by former Shanghai party chief and Xi loyalist Li Qiang.

Persons: Hong Kong CNN —, Li Keqiang, Li, Xi Jinping, ” Li, “, Xi, Xi’s, Hu Jintao, Hu, nodded, Mao Zedong, China’s princelings, Li Qiang Organizations: Hong Kong CNN, Hong Kong CNN — Former, Peking University, Communist Party’s Youth League, Communist Party Congress, Dongling, Brigade, Communist Youth League Central Committee, Communist Party, party’s, Chinese Communist Party Locations: Hong Kong, Shanghai, United States, China, Liaoning, Henan, Anhui

☆ China names Lan Foan as new finance minister amid stimulus push
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +2 min

BEIJING, Oct 24 (Reuters) - China has appointed Lan Foan, a technocrat with little central government experience, as the new finance minister, state media said on Tuesday, as the government ramps up fiscal stimulus in a bid to revive the economy. Lan, 61, who was named the Communist Party chief at the finance ministry last month, has succeeded Liu Kun who had been finance minister since 2018. Previously, Lan was the party chief of the northern Chinese Shanxi province. He transferred to Shanxi in 2021, as the province's vice party chief, before becoming the party chief in December 2022. Liu, China's finance minister since 2018, has surpassed the official retirement age of 65 for minister-level officials.

Persons: Lan Foan, Liu Kun, Lan, Liu, Kevin Yao, Alison Williams Organizations: Communist Party, Hubei University of Finance, Economics, Thomson Locations: BEIJING, China, Shanxi, Beijing, Guangdong

Oct 25 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Upbeat U.S. economic data often fuels Fed rate hike expectations, dragging stocks and other asset markets lower. In Asia on Wednesday, South Korea's LG Display is expected to show a fall in quarterly revenue when it reports results. On the economic data front, annual consumer inflation in Australia is expected to slow to 5.3% in the third quarter from 6.0% in the April-June period. The Australian dollar liked what it heard, bucked the global trend of widespread weakness against the U.S. dollar, and goes into the inflation data on the front foot around $0.6360.

Persons: Jamie McGeever, Michele Bullock, Lan Foan, Xi Jinping, Josie Kao Organizations: Microsoft, Google, South, LG, Apple, Reserve Bank of Australia, U.S ., South Korea LG, Thomson, Reuters Locations: U.S, Asia, Australia, China, Beijing, South Korea

☆ British PM Sunak suffers crushing by-election defeats
▼ + stars: | 2023-10-20 | by ( Andrew Macaskill | ) www.reuters.com time to read: +4 min

British Prime Minister Rishi Sunak leaves 10 Downing Street to attend Prime Minister's Questions at the Houses of Parliament in London, Britain, October 18, 2023. "Winning in these Tory strongholds shows that people overwhelmingly want change and they’re ready to put their faith in our changed Labour Party to deliver it." The contests in Mid-Bedfordshire and Tamworth were caused by the high-profile resignations of politicians close to former prime minister Boris Johnson. The accusations against him contributed to the collapse of former prime minister Boris Johnson's government. Labour won the Mid-Bedfordshire seat with a majority of over 1,100 overturning a Conservative majority of 24,664 at the last general election in 2019.

Persons: Rishi Sunak, Clodagh, Rishi Sunak's, Keir Starmer, Sunak, Boris Johnson, Nadine Dorries, Chris Pincher, Boris Johnson's, Sarah Edwards, Andrew MacAskill, Raju Gopalakrishnan Organizations: British, REUTERS, Labour Party overturns, LONDON, Conservatives, Labour Party, Labour, Conservative, Thomson Locations: London, Britain, Mid, Bedfordshire, Tamworth, England

☆ Exclusive: Combat veteran is likely replacement for China's missing defence minister
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +7 min

China's defence ministry and State Council information office did not respond to requests for comment. If his departure is confirmed, Li will be the second senior minister to lose his job in recent months. Qin Gang was removed as foreign minister in July, one month after he was last seen in public. U.S. defence officials have long wanted to reestablish routine communications with counterparts directly involved in command decisions. Qin was made foreign minister in Dec. 2022 and Li became defence minister in March.

Persons: Carlos Garcia Rawlins, Liu Zhenli, Liu, Li Shangfu, Li, Qin Gang, Qin, Nancy Pelosi, Xi Jinping, Xi, James Char, Lloyd Austin, Alexander Neill, Willy Lam, Chang Dingqiu, Katerina Ang, Daniel Flynn Organizations: Political Consultative, REUTERS, Rights, Defence, Reuters, Russia, Joint Staff Department of, Central Military Commission, State, U.S . Department of Defense, ., CMC, Xiangshan, National, Committee, Communist Party's, U.S, Pentagon, People's, Army, Rajaratnam, of International Studies, Washington, PUBLIC, National Defence, Joint Staff Department, Pacific Forum, Jamestown Foundation, Xinhua, Air Force, Thomson Locations: Beijing, China, Rights BEIJING, United States, U.S, Taipei, ., Singapore, Honolulu, Vietnam

☆ Slovak election: A NATO country could soon have a pro-Russian leader
▼ + stars: | 2023-09-28 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +8 min

Fico previously served as Slovakia’s prime minister for more than a decade, first between 2006 and 2010 and then again from 2012 to 2018. Heger continued as a caretaker prime minister but he, too, ended up quitting in May and was replaced by a technocrat, Ludovit Odor. Eduard Heger, pictured in Tallinn, Estonia, in November 2022, resigned as caretaker prime minister in May. In the Czech Republic, which used to form one country with Slovakia, 71% of people blame Russia for the war. “The government took a very quick and firm decision — and I’d say in doing so found itself on the right side of the history — to support Ukraine,” he said.

Persons: Robert Fico’s, Kyiv’s, “, ”, Vladimir Putin, Putin, Fico, Grigorij, Jan Kuciak, Martina Kušnírová, Kuciak, Igor Matovič, Matovič, Eduard Heger, Heger, Ints Kalnins, ” Mesežnikov, “ SMER, GlobSec, —, Dominika Hajdu, Mesežnikov Organizations: CNN, Kremlin, NATO, Institute of Public Affairs, Voters, Independent, Republika, for Democracy, Resilience, Austro, Ukraine, “, it’s, European Union Locations: Slovakia, Russia, Ukraine, Slovak, Moscow, SMER, Tallinn, Estonia, ” Slovakia, Bratislava, Baltic, Czech Republic, States, Hungary, Trianon, “ Slovakia

☆ Former Italian president Napolitano dies aged 98
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

Former Italian President and senator Giorgio Napolitano speaks following a talk with Italian President Sergio Mattarella at the Quirinal Palace in Rome, Italy, April 13, 2018. REUTERS/Tony Gentile/File Photo Acquire Licensing RightsROME, Sept 22 (Reuters) - Former Italian president Giorgio Napolitano, a onetime communist who helped to steer his country through a debt crisis in 2011, died on Friday aged 98. Condolences poured in from Italian Prime Minister Giorgia Meloni's office, other politicians, the Vatican and beyond. Napolitano became president in 2006 and was elected for an unprecedented second seven-year term in 2013. Reporting by Angelo Amante; writing by Keith Weir and Angelo Amante Editing by Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Giorgio Napolitano, Sergio Mattarella, Tony Gentile, Giorgia, Pope Francis, Napolitano's, Clio Bittoni, Napolitano, Pope Benedict XVI, Francis, Mario Monti, Silvio Berlusconi, Enrico Letta, Angelo Amante, Keith Weir, Gareth Jones Organizations: Italian, REUTERS, Rights, European Commission, Thomson Locations: Rome, Italy, Italian

All three states lean heavily Republican in federal elections, yet Democrats currently control the governorship in two out of the three. As usual, we are rating these races on the following scale: Safe Republican, Likely Republican, Lean Republican, Toss-Up, Lean Democratic, Likely Democratic and Safe Democratic. The race moving in the Republican direction is Louisiana, which we’re shifting from Likely Republican to Safe Republican. But for now, we’ll keep it at Likely Republican. That may be in tune with Kentucky voters, who, despite the state’s Republican lean, rejected a 2022 ballot measure that would have enhanced the state’s ability to outlaw abortion.

Persons: There’s, Andy Beshear, Democrat John Bel Edwards, Republican Tate Reeves, Edwards, Jeff Landry, Shawn Wilson, Edwards –, Landry, Donald Trump, Stephen Waguespack, John Schroder, Sen, Sharon Hewitt, Hunter Lundy, Lundy, he’s, polluters, Wilson, Mason, Dixon, that’s, Republican Reeves isn’t, Brandon Presley, Phil Bryant, Brett Favre, Favre, Reeves hasn’t, drumbeat, Reeves, Democrat hasn’t, Jim Hood, Presley, Elvis Presley, Beshear, Steve Beshear, Daniel Cameron, Mitch McConnell, Joe Biden, Kentuckians, Cameron, He’s, Trump Organizations: Republicans, Democrat, Republican, Lean Republican, Lean Democratic, Democratic, Safe Democratic, Safe Republican, Louisiana Safe Republican, Republican Party, Republican Governors Association, Mississippi, NFL, University of Southern, Public Service Commission, Kentucky Lean Democratic, Gov, Beshear, Kentucky, Democratic Governors Association Locations: Kentucky, Louisiana, Mississippi, In Mississippi, Landry, Lundy, Brandon, Federal, University of Southern Mississippi, Cincinnati

☆ Explainer-China's Military Hierarchy Under Spotlight After Defence Minister Disappears
▼ + stars: | 2023-09-18 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +5 min

By Greg Torode and Yew Lun TianHONG KONG (Reuters) - The disappearance of Chinese Defence Minister Li Shangfu highlights the opaque and complex nature of the People's Liberation Army (PLA), diplomats and analysts say. In the Chinese system, the Minister of National Defence is seen as significantly less powerful than the U.S. defence secretary and many international equivalents. HOW DOES THE CHINESE MILITARY SYSTEM OPERATE? When the forum was last held in-person in 2019, more than 530 defence and military officials and scholars attended, including defence ministers from 23 countries. The Chinese defence minister would typically give the keynote speech at the forum and meet with delegations.

Persons: Greg Torode, Li Shangfu, Li, Xi Jinping, technocrat, Xi, Lloyd Austin, Jake Sullivan, Wang Yi, Zhang Youxia, Tian, Gerry Doyle Organizations: Reuters, Defence, People's Liberation Army, PLA, of National Defence, Central Military Commission, Communist Party, Strategic, Force, . Defence, White House, Foreign, Austin, CMC, Diplomats, China Locations: HONG KONG, U.S, ., Singapore, Malta, China

HONG KONG, Sept 18 (Reuters) - The disappearance of Chinese Defence Minister Li Shangfu highlights the opaque and complex nature of the People's Liberation Army (PLA), diplomats and analysts say. In the Chinese system, the Minister of National Defence is seen as significantly less powerful than the U.S. defence secretary and many international equivalents. HOW DOES THE CHINESE MILITARY SYSTEM OPERATE? When the forum was last held in-person in 2019, more than 530 defence and military officials and scholars attended, including defence ministers from 23 countries. The Chinese defence minister would typically give the keynote speech at the forum and meet with delegations.

Persons: Li Shangfu, Li, Xi Jinping, technocrat, Xi, Lloyd Austin, Jake Sullivan, Wang Yi, Zhang Youxia, Greg Torode, Tian, Gerry Doyle Organizations: Defence, People's Liberation Army, PLA, Reuters, of National Defence, Central Military Commission, Communist Party, Strategic, Force, . Defence, White House, Foreign, Austin, CMC, Diplomats, China, Thomson Locations: HONG KONG, U.S, ., Singapore, Malta, China

But part of Xi's drive to improve his fighting force has been to stamp out corruption that has long plagued China's military and other state institutions. A leader China's space and cyber warfare development and then head of military procurement, Li, 65, was elevated to defence minister in March. He also has a more public role than others on the Central Military Commission, China's top defence body, commanded by Xi. Li's term at the Central Military Commission highlighted his ties to Xi, who has strengthened his grip across the military. A bigger question is what priority Beijing will continue to place on China's military diplomacy amid ongoing regional tensions.

Persons: Li Shangfu, Li, Xi, Nancy Pelosi, Lloyd Austin, James Char, Russian Su, Zhang Youxia, Zhang, Laurie Chen, Greg Torode, John Geddie, William Mallard Organizations: Reuters, Central Military Commission, West, People's Liberation Army, PLA, Rajaratnam, of International Studies, Strategic Support Force, Equipment Development Department of, Communist Party Congress, Thomson Locations: BEIJING, United States, Taiwan, Beijing, Russia, Washington, U.S, Singapore, China, Belarus, Ukraine, Russian, Hong Kong

☆ The Public Face of China's Military Under Corruption Probe
▼ + stars: | 2023-09-15 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +5 min

Persons: Greg Torode, Laurie Chen BEIJING, Li Shangfu, Li, Xi, Nancy Pelosi, Lloyd Austin, James Char, Russian Su, Zhang Youxia, Zhang, Laurie Chen, John Geddie, William Mallard Organizations: Reuters, Central Military Commission, West, People's Liberation Army, PLA, Rajaratnam, of International Studies, Strategic Support Force, Equipment Development Department of, Communist Party Congress Locations: United States, Taiwan, Beijing, Russia, Washington, U.S, Singapore, China, Belarus, Ukraine, Russian, Hong Kong

Gonzalez, a protege of former President Rafael Correa who has promised to revive his social programs, won 33% support, while Noboa, son of prominent banana businessman and former presidential candidate Alvaro Noboa, was a surprise second-place with 24% of the vote. The contest was darkened by the assassination of anti-corruption candidate Fernando Villavicencio earlier this month. The crime is still under investigation, but Villavicencio, who was replaced as a candidate by his friend and fellow investigative journalist Christian Zurita, came third with 16%. Noboa seemingly gained support after performing well in the only televised debate of the campaign. Reporting by Alexandra Valencia and Julia Symmes Cobb; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

Persons: Luisa Gonzalez, Daniel Noboa, Ecuador's, Gonzalez, Rafael Correa, Noboa, Alvaro Noboa, Fernando Villavicencio, Villavicencio, Christian Zurita, Sharp, Correa, Guillermo Lasso, Alfredo Espinosa, Espinosa, " Espinosa, Villavicencio's, Alexandra Valencia, Julia Symmes Cobb, Simon Cameron, Moore Organizations: Amazon, Thomson Locations: QUITO, Quito, Choco

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