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☆ Brazil’s Clashing Goals: Protect the Amazon and Pump Lots More Oil
▼ + stars: | 2024-03-13 | by ( Max Bearak | ) www.nytimes.com time to read: +1 min

Through his office window, the head of Brazil’s state-run oil company looked out at the cluttered landscape of Rio de Janeiro. Looking back at him, across the city’s run-down high-rises, was the looming statue of Christ the Redeemer. This, even as his country positions itself as a leader in the fight against climate change which, of course, is primarily driven by the burning of oil and other fossil fuels. Petrobras already pumps about as much crude oil per year as ExxonMobil, according to Rystad Energy, a market research firm. It’s an enormous predicament for Brazil’s president, Luiz Inácio Lula da Silva, better known simply as Lula, who has fashioned himself as the pre-eminent world leader on climate issues.

Persons: Christ, Hawks, Luiz Inácio Lula da Silva, Lula Organizations: Redeemer, Petrobras, ExxonMobil, Rystad Energy, Saudi Locations: Rio de Janeiro, China, Russia, Kuwait

Jonathan Kuminga made all 11 of his shots on the way to 25 points as seven Warriors scored in double figures. Two injured Warriors, Chris Paul and Gary Payton II, wore their jerseys with Milojević on the back all game. Political Cartoons View All 253 ImagesTwo members of the Hawks were right next to Kerr as the Warriors coach spoke of Milojević’s profound impact on every person he encountered. Hawks assistant coach Igor Kokoskov was the Serbian national team coach and hired Milojević onto his staff. Bogdanovic scored 17 points with four 3-pointers, while Dejounte Murray led the way with 23 points in the Hawks' third straight loss.

Persons: — Stephen Curry, Klay Thompson, Dejan Milojević, “, Jonathan Kuminga, Milojević, Chris Paul, Gary Payton II, Steve Kerr, Kerr, Bogdan Bogdanovic, Igor Kokoskov, Bogdanovic, Dejounte Murray, Curry, Thompson, Draymond, ___ Organizations: FRANCISCO, Golden State Warriors, Atlanta Hawks, Warriors, Serbian, Chase Center, Hawks, Milojević’s, Partizan team, Serbian national, The Warriors, Spurs, Mavericks Locations: Salt Lake City, Atlanta, Belgrade, Elias

SAN FRANCISCO (AP) — For Dejan Milojević, the Golden State Warriors and Atlanta Hawks stood united on one sideline near their team benches and listened as the Serbian national anthem played in his honor. Golden State returned to the court for the first time since losing its beloved assistant coach last week in Salt Lake City. Two members of the Hawks were right next to Warriors coach Steve Kerr as he spoke of Milojević's profound impact on every person he encountered. Hawks assistant coach Igor Kokoskov was the Serbian national team coach and hired Milojević onto his staff. Obviously different from the Warriors team and all of their players, coaches, and their organization but, being Serbian there’s a unique connection that those guys have in this instance.”___

Persons: Dejan Milojević, Milojević, Steve Kerr, Bogdan Bogdanovic, Igor Kokoskov, Natasa, Masa, Nikola, Kerr, ” Kerr, We’ve, there’s, ”, Quin Snyder, ” Snyder Organizations: FRANCISCO, Golden State Warriors, Atlanta Hawks, Serbian, Golden State, Chase Center, Hawks, Warriors, Milojević’s, Partizan team, Serbian national, Jazz, Dallas, ” Hawks Locations: Salt Lake City, Atlanta, Belgrade, Serbian

It’ll be a home game for the Orlando Magic on Thursday night, when they take on the Atlanta Hawks in Mexico City. It’ll feel like home in a way to Magic coach Jamahl Mosley, too. Mexico City, which now has a G League team, is thought to be a possible expansion site as well. Hawks coach Quin Snyder said this trip is an opportunity for his team to see a different culture. Hawks guard Trae Young is visiting Mexico City for the first time, and said he knows a little bit of the language.

Persons: It’ll, Jamahl Mosley, Mosley, he’s, ” Mosley, “, Orlando —, It’s, Jalen Suggs, that’ll, it’s, Quin Snyder, ” Snyder, ” It’s, Trae Young, ”, ___ Organizations: Orlando, Atlanta Hawks, NBA, Hawks, Summer League, G League, Spanish, Mexico City Locations: Mexico City, Mexico, what’ll, Denver, Utah, Brooklyn, Cleveland, Paris, Las Vegas, Vegas

European Central Bank (ECB) President Christine Lagarde speaks to the media following the Governing Council's monetary policy meeting at the ECB headquarters in Frankfurt, Germany, July 27, 2023. "It's such a close call between the pause and the rate hike," said ING's global head of macro Carsten Brzeski. Traders are torn but favour an ECB pause, pricing in around a 40% chance of a hike. For many economists, one thing is clear: if the ECB has further tightening to deliver, September is likely its last chance. Even the hawks, keeping a hike on the table, say fresh ECB projections on Thursday are key to the decision.

Persons: Christine Lagarde, Kai Pfaffenbach, Reinhard Cluse, Mario Centeno, Isabel Schnabel, Austria's Robert Holzmann, Iain Stealey, Philip Lane, Kaspar Hense, Yoruk Bahceli, Stefano Rebaudo, Dhara Ranasinghe, Susan Fenton Organizations: European Central Bank, ECB, REUTERS, Central Bank, Traders, UBS, JPMorgan Asset Management, Reuters, ING, BlueBay Asset Management, Reuters Graphics Reuters, Thomson Locations: Frankfurt, Germany, Italy

☆ Congressional Support for Aiding Ukraine Frays Amid Spending Battle
▼ + stars: | 2023-06-14 | by ( Karoun Demirjian | ) www.nytimes.com time to read: +1 min

Right-wing House Republicans have long opposed U.S. support for Ukraine, but until recently they lacked the numbers to thwart any aid packages, which have sailed through Congress with the support of a critical mass of G.O.P. The bill that passed this month suspending the debt ceiling set spending limits that strengthened their hand, and increased the political pressure on Speaker Kevin McCarthy to keep a tight lid on federal expenditures. It also intensified the skepticism to new aid for Ukraine among some progressive Democrats, who were angry that the fiscal agreement capped spending on domestic programs, such as education, housing and food assistance, while it allowed military funding to continue to grow. They are now hinting that any future assistance to Kyiv must be accompanied by more nonmilitary spending, a nonstarter with Republicans. Since the Russian invasion, Congress has extended military and humanitarian assistance to Kyiv through a series of emergency spending measures totaling more than $100 billion.

Persons: —, Kevin McCarthy, Biden Organizations: Kyiv, House Republicans, Democratic Locations: Russia, Ukraine, Kyiv, Russian, Congress

☆ Premarket stocks: It's bulls vs. hawks on Wall Street
▼ + stars: | 2023-02-23 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —There’s a new tussle brewing in the animal kingdom of Wall Street: Hawks vs. Bulls. The question is, will the Fed be able to break through and convince Wall Street to finally give in to market pessimism? “Setting aside what financial market participants expected us to do, I saw a compelling economic case for a 50 basis-point increase,” she said at an event in Florida. Asda told CNN that it was temporarily limiting purchases of some items to three packs per customer. Morrisons told CNN that it had imposed a cap of two packs per customer on the same products.

☆ ECB will have to stay laggard in bond-buying exit
▼ + stars: | 2022-12-13 | by ( Francesco Guerrera | ) www.reuters.com time to read: +4 min

Rising yields and a still frail euro zone mean that Europe’s so-called quantitative tightening (QT) should be slow. If it stopped reinvesting all maturing debt from March, its bond portfolio would shrink by 287 billion euros next year. If bond yields do spike, the ECB can step in with an emergency bond-buying programme, called the Transmission Protection Instrument. The real dangers of a disorderly exit mean the ECB has little choice but to remove the punchbowl slowly. The shift is a reversal of nearly a decade of monetary stimulus by the ECB as the euro zone went through several crises.

☆ Abandoned Greek airport to be transformed into a 600-acre coastal park
▼ + stars: | 2022-11-25 | by ( Nell Lewis | ) edition.cnn.com time to read: +16 min

Tegel Projekt GmbH/Atelier Loidl Kai Tak International Airport, Hong Kong -- With a runway that protruded into the sea, Kai Tak International Airport in Hong Kong once had one of the most arresting approaches in the world. PHILIPPE LOPEZ/AFP/AFP via Getty Images Hellinikon International Airport, Athens, Greece -- Hellinikon was once the only international airport in Athens, Greece, before Hellinikon was once the only international airport in Athens, Greece, before closing down in 2001 . Developer LAMDA is looking to complete the first phase of construction in 2025 courtesy LAMDA Development Stapleton International Airport, Denver, Colorado -- A photo of Stapleton International Airport from 1963. The grounds of the old airport became the 125-hectare (309-acre) Quito replaced its main airport with another bearing the same name. RODRIGO BUENDIA/AFP/AFP via Getty Images Downsview Airport, Toronto -- Downsview Airport in north Toronto was once a Canadian Air Force base.

Persons: Sasaki, ”, Michael Grove, Eero Saarinen, Kai, Kok, FREDERIC J . BROWN, Kai Tak, PHILIPPE LOPEZ, Hellinikon, Milos Bicanski, Ken Tillis, Lisa Martine, Sean Gallup, Maja Hitij, RODRIGO BUENDIA, Eleni Myrivilli, …, Aleksandra Kazmierczak, it’s, we’re Organizations: CNN, Ellinikon International, Games, Charleston Waterfront Park, Newcastle University, Tegel Airport, Tegel Projekt, Kai Tak International Airport, Kai Tak International, Getty, Foster + Partners, AFP, Stapleton International Airport, Denver International Airport, Denver, Getty Images, Airport, CNN Galeville Army, Galeville, United States Military Academy, West, Wildlife Refuge, Fish and Wildlife, Wildlife, Nazi, Maja, Mariscal Sucre International Airport, Old Mariscal Sucre International, Downsview, Canadian Air Force, Downsview Airport, City, Resilience, European Environment Agency, Development, Ellinikon Locations: Athens, Greece, Ellinikon, Boston, Charleston, Beijing, American, Grove, Berlin, Hong Kong, AFP, Europe, Hellinikon, Denver , Colorado, Central, New York, Ulster County , New York, Germany, Quito, Ecuador, Toronto, Downsview Park, Canada, Downsview, City of Athens, ”

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