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☆ Mojave Desert: How a seed bank in southern California is preserving an ancient ecosystem under threat
▼ + stars: | 2024-05-23 | by ( Samantha Bresnahan | ) edition.cnn.com time to read: +9 min

The result was the Mojave Desert Land Trust seed bank. In 2016, Mojave Desert Land Trust officially launched the seed bank project, which has since been described as a “Noah’s Ark” for southern California. A jar of seeds sits in one of three full refrigerators at the Mojave Desert Land Trust headquarters in Joshua Tree, California. Beau Molloy/CNN“We’ve already been able to provide seed to researchers who are studying the effects of climate change on specific species that we have in our seed bank,” Asbell adds. Beau Molloy/CNNRoughly 70,000 Joshua tree seeds are currently preserved in the seed bank, some of which could be planted in cooler locations, if needed.

Persons: birdsong, Madena Asbell, “, ” Asbell, Asbell, Beau Molloy, Kelly Herbinson, ” Herbinson, hasn’t, Corina Godoy, Gerber, MDLT, CNN “ We’ve, Joshua, It’s, Seuss, Herbinson, ”, ” CNN’s Adeline Chen Organizations: CNN, Land Trust, MDLT, Land, Mojave, Conservation Board Locations: California, Texas, Colorado, Mojave, Joshua Tree , California

☆ What it’s really like to live in Antarctica
▼ + stars: | 2024-05-23 | by ( Lilit Marcus | ) edition.cnn.com time to read: +14 min

The Minnesota native first went to the White Continent in 2007 to work as a janitor at McMurdo Base, one of the three US outposts there. She was one of half-a-dozen people staffing the world’s southernmost post office, UK-administered Port Lockroy. Counting penguins is one of the roles Port Lockroy staff have during their time in Antarctica. Once you get the Antarctica bug, Long and Nelson say, it’s pretty hard to get rid of. In a fast-paced globalized world where everyone is on their phones all the time, Antarctica offers a rare opportunity to live a different kind of life.

Persons: United States –, Keri Nelson, Amundsen, ” Nelson, “, McMurdo, Palmer, Evan Townsend, ” Keri Nelson, ”, Nelson, Scott Base, –, Scott, Keri Nelson “, Chris Long, Long, Laura Bullesbach, Bridie Martin, Laura Bullesbach doesn’t, you’re, You’re, Port Lockroy, Bullesbach, Clare Ballantyne, ” Long, Keri Nelson Long, he’s, vacationer, ” Klaus Dodds Organizations: CNN, United, Antarctic, Minnesota, Base, Scott, Palmer, grownups, McMurdo Base, McMurdo, US, Geographic, Pole, Ocean, Scott Base, Port, Lockroy, Port Lockroy, Electronics, University of London Locations: Antarctica, Chile, Japan, Australia, United States, McMurdo, New, Ross, Amundsen, New Zealand, Russian, South America, Port Lockroy, Lockroy, Port, Denver, China

☆ Alibaba bets on AI to fuel cloud growth as it expands globally to catch up with U.S. tech giants
▼ + stars: | 2024-05-23 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Alibaba on Thursday said it expanded its global cloud computing availability, while the head of the unit's international arm touted the company's AI products as a way to fuel growth. "We want to have ... more efforts and investments for our international data centers," Selina Yuan, President of Alibaba Cloud's international division, told CNBC in an interview on Wednesday. The push for growth follows a turbulent time for Alibaba Cloud, after the division scrapped a planned initial public offering and underwent a management reshuffle. Alibaba's cloud division began to expand internationally in 2015 with so-far mixed results. Amazon , Microsoft and Alphabet -owned Google account for around 67% of global cloud market share, according to Synergy Research Group.

Persons: Selina Yuan, Alibaba, — Organizations: CNBC, Microsoft, Synergy Research Locations: Mexico, Malaysia, Thailand, South Korea, China, Asia

☆ Asia as a region is 'supremely interesting,' says JPMorgan's Filippo Gori
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAsia as a region is 'supremely interesting,' says JPMorgan's Filippo Gori"You have Japan, which is on fire. India, which is very in high demand," said Filippo Gori, co-head of global banking at JPMorgan, explaining why Asia as a region is interesting for investors.

Persons: JPMorgan's Filippo Gori, Filippo Gori Organizations: Asia, JPMorgan Locations: Japan, India, Asia

☆ Inflation not coming down as quickly as Fed would like, CIO says
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation not coming down as quickly as Fed would like, CIO saysIsaac Poole, chief investment officer at Oreana Financial Services, discusses the outlook for U.S. inflation and interest rates.

Persons: Isaac Poole Organizations: Oreana Financial Services

☆ The National: European recognition of Palestine as a state 'advances the cause'
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe National: European recognition of Palestine as a state 'advances the cause'Mina Al Oraibi, editor in chief of The National, discusses the plan to formally recognize Palestine as a state by Spain, Norway, and Ireland.

Persons: Mina Al Oraibi Organizations: The Locations: Palestine, Spain, Norway, Ireland

☆ Qatar Airways has received the world's first $75 million Gulfstream G700 private jet as it caters to elite customers — take a look inside
▼ + stars: | 2024-05-23 | by ( Taylor Rains | Pete Syme | ) www.businessinsider.com time to read: +1 min

The first two Gulfstream G700 private jets have been delivered to Qatar Executive in Doha. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But, unbeknownst to many travelers, the Doha-based carrier also runs a private arm known as Qatar Executive. The high-end subsidiary targets the airline's most elite travelers — specifically those willing to pay up to six figures for a flight. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Gulfstream G700, Qatar Executive, Service, Qatar Airways, Business Locations: Doha, Qatar

☆ Tornado causes havoc in Texas as record-breaking heatwave looms
▼ + stars: | 2024-05-23 | by ( Patrick Smith | ) www.cnbc.com time to read: +2 min

Debris and a damaged building are seen in the aftermath of a tornado in Temple, Texas, U.S., May 22, 2024, in this screengrab obtained from a social media video. A tornado ripped through central Texas Wednesday evening, causing huge damage and destroying homes, as forecasters warn of a potentially record-breaking heatwave in the state. The city of Temple, northeast of Austin, declared a state of emergency and opened a shelter for displaced people after a twister caused widespread devastation. Footage posted to social media shows buildings in Temple and nearby Belton missing roofs, piles of rubble and smashed windows. Flood warnings were in place Thursday morning for much of northern Texas, including Dallas and Forth Worth, along with parts of Oklahoma.

Persons: Young Organizations: NBC, NWS, Austin Locations: Temple , Texas, U.S, Texas, Temple, Austin, Bell, Belton, Dallas, Forth Worth, Oklahoma, Louisiana, Antonio, Iowa, Greenfield

☆ Pope Francis is gearing up for the first millennial saint, a web developer known as 'God's influencer'
▼ + stars: | 2024-05-23 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +1 min

Pope Francis has attributed a second miracle to teenage website developer Carlo Acutis. This paves the way for Acutis, who was born in 1991, to become the first millennial saint. The tech whizz, sometimes called 'God's influencer,' died of leukemia in 2006 at age 15. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPope Francis has attributed a second miracle to a teenage website developer, paving the way for him to become the first millennial saint.

Persons: Pope Francis, Carlo Acutis, —, Acutis, Marian Organizations: Service, Catholic, Business Locations: United Kingdom, Italy

☆ Sales of newly built homes tank in April, as prices and interest rates rise
▼ + stars: | 2024-05-23 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

Sales of newly built homes dropped 4.7% in April compared with March, and dropped a larger 7.7% from the prior year, the U.S. Census said Thursday. Higher mortgage rates are clearly hampering sales. Some of that is due to the mix of homes selling, which is mostly on the higher end of the market. Those buyers are not as influenced by mortgage rates, as they often use all cash. The big production builders have been buying down mortgage rates to help boost sales, but they are able to do that because of their size.

Persons: Peter Boockvar, Robert Dietz, NAHB's Organizations: Spring Barbera Homes, Builders, Toll Brothers, Bleakley Financial, CNBC, National Association of Home Builders, Wells Fargo . Locations: Loudonville , New York, U.S, Horton, Wells Fargo

☆ The Taylor Swift Ticketmaster fiasco comes full circle as DOJ slams parent company with lawsuit
▼ + stars: | 2024-05-23 | by ( Katie Balevic | Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Over a year after Ticketmaster crashed, preventing rabid Taylor Swift fans from purchasing tickets to her concert tour, the DOJ has announced an antitrust lawsuit against Ticketmaster's parent company, Live Nation Entertainment. Advertisement"This has given Live Nation and Ticketmaster the opportunity to freeze innovation and bend the industry to their own benefit. The lawsuit comes after Ticketmaster fumbled a pre-sale event in late 2022 for Taylor Swift's Eras Tour as fans competed with bots for a limited number of tickets. AdvertisementIn response to the antitrust suit, Live Nation said that "calling Ticketmaster a monopoly may be a PR win for the DOJ in the short term, but it will lose in court."

Persons: —, Taylor Swift, Merrick Garland, Taylor, Swift Organizations: Service, Ticketmaster, DOJ, Entertainment, Business, Justice Department, Department

☆ Senate border bill exposes Democratic divisions as White House attempts to ramp up pressure on GOP
▼ + stars: | 2024-05-23 | by ( Priscilla Alvarez | Lauren Fox | ) edition.cnn.com time to read: +8 min

CNN —The Senate will vote Thursday on a border security bill that is dividing the Democratic caucus and failed earlier this year, exposing rifts within the party even as they try to shift the narrative on border security. Sources say those talks included reviving the stalled border security measure that initially failed after former President Donald Trump told GOP lawmakers to knock it down. “I will not vote for the bill coming to the Senate floor this week because it includes several provisions that will violate Americans’ shared values. Senate Majority Leader Chuck Schumer acknowledged over the weekend that not every Democrat may vote for the bill in a letter to colleagues. They think we’re nuts.”But Republican Sen. James Lankford, a key negotiator on the border bill, said he’ll vote against the measure Thursday.

Persons: Donald Trump, “, ’, ” Sen, Cory Booker, Booker, Chuck Schumer, Sen, Alex Padilla, “ It’s, ” Padilla, Virginia Democratic Sen, Mark Warner, ”, Republican Sen, Lisa Murkowski, ” Murkowski, James Lankford, CNN’s Kaitlan Collins, Tom Suozzi, Murphy, Schumer, ” Robyn Barnard, ” Barnard, We’ve, Brian Schatz, Maine Sen, Angus King, CNN’s Sam Fossum Organizations: CNN, Democratic, White, New, New Jersey Democrat, Republicans, GOP, Senate, Virginia Democratic, Republican, CNN’s Kaitlan Collins Tuesday, Democrats, Democratic Rep, of, Human, ”, Democrat Locations: Ukraine, New Jersey, Virginia, Alaska, New, Hawaii, Maine

☆ Point72's Dean Maki: Expect Fed to cut interest rates as soon as September
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPoint72's Dean Maki: Expect Fed to cut interest rates as soon as SeptemberSam Stovall, CFRA chief investment strategist, and Dean Maki, chief economist at Point72 Asset Management, join 'Squawk on the Street' to discuss markets, their expectation from the Fed, and more.

Persons: Dean Maki, Sam Stovall Organizations: Point72 Asset Management

☆ Ether could surge 60% after ETFs are approved, trading firm says
▼ + stars: | 2024-05-23 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

The price of ether could rise 60% if spot ETFs are approved, QCP Capital wrote. The previous success of spot bitcoin ETFs serves as an example of potential upside. Eyes are currently on the second-biggest cryptocurrency as US regulators are deciding on whether to approve the first ether spot ETFs in the country. That token's stellar run was set off in mid-January when the SEC similarly greenlit spot bitcoin ETFs. What's more, head of FX Research Geoff Kendrick wrote that the spot ether ETFs are unlikely to stumble on the same issues that tormented bitcoin, such as heavy inflow volatility.

Persons: —, bitcoin, QCP, Geoff Kendrick Organizations: QCP, SEC, Service, BlackRock, [ Depository Trust, Clearing Corporation, Chartered, FX

☆ Big Tech goes on AI charm offensive in Europe as regulators circle
▼ + stars: | 2024-05-23 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

It's worth noting that their comments come as the world's first major law governing AI, the EU's AI Act, was given the final greenlight. Meanwhile, European Commissioner Thierry Breton, a major architect of rules around Big Tech, is set to speak later in the week. Vogels, who is tasked with driving technology innovation within Amazon , said that AI can be used to "solve some of the world's hardest problems." Manyika said Google open-sourced its watermarking tech so that any developer can "build on it, improve on it." "I am concerned that there is potential for monopolies to emerge around Big Tech and AI," he said.

Persons: Rafael Henrique, Lightrocket, Werner Vogels, Society James Manyika, Thierry Breton, Vogels, Manyika, it's, Google's, Gemma AI, Emmanuel Macron, Eric Schmidt, Yann LeCun, Macron, Matt Calkins, Appian, Calkins Organizations: Getty, France —, Viva Tech, Amazon Chief, Google, Technology, Society, Regulators, Big Tech, European Union, Microsoft, Amazon, Meta, Elysee, CNBC Locations: PARIS, France, Paris, Jakarta, Indonesia, View , California, U.S

☆ Analysts boost Nvidia price targets on strong demand outlook, say 'narrative is clearly nowhere near its end'
▼ + stars: | 2024-05-23 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Wall Street analysts are turning more bullish on Nvidia yet again following another strong guide from the chipmaking behemoth. "The narrative is clearly nowhere near its end, or likely nowhere near its peak," he wrote, adding that shares appear inexpensive. He expects Nvidia's Blackwell chips to be sold out through 2025. "While it's large enough market that competitors can succeed or even gain share, NVIDIA remains the standard bearer for multifaceted AI," he wrote. Nvidia's results lifted the broader chip sector, with the VanEck Semiconductor ETF (SMH) trading 3% higher in the premarket.

Persons: Tom O'Malley, Bernstein's Stacy Rasgon, Blackwell, Blayne Curtis, Citi's Atif Malik, JPMorgan's Harlan Sur, Goldman Sachs, Toshiya Hari, Sur, Morgan Stanley's Joseph Moore, Nvidia's Blackwell Organizations: Nvidia, Blackwell, Wall, Barclays, Jefferies, NVIDIA, VanEck Semiconductor, Micron Technology, AMD Locations: CY25

☆ Ademola Lookman scores stunning hat-trick as Atalanta wins Europa League title to end Bayer Leverkusen’s historic unbeaten run
▼ + stars: | 2024-05-23 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —Bayer Leverkusen’s historic unbeaten run came to a shuddering halt on Wednesday as Atalanta ran riot in the Europa League final, winning 3-0 to lift just the second major trophy in the club’s 116-year history. We did it!” Lookman told TNT Sports after the game. Most of the talk going into Wednesday’s final had been about Bayer Leverkusen’s remarkable season and its record-breaking 51-game unbeaten run. Leverkusen's incredible unbeaten run finally came to an end. “The unbeaten run has come to an end, but congratulations to Atalanta.

Persons: CNN —, Atalanta, Lookman, “, ” Lookman, I’m, ”, Paul Childs, Reuters “ I’m, “ We’re, Gian Piero Gasperini, Bayer, Xabi, Andrew Boyers, ” Alonso, Alonso Organizations: CNN, CNN — Bayer, Atalanta, Europa League, Charlton Athletic, Everton, RB Leipzig, Fulham, Leicester City, TNT Sports, Lookman, Coppa Italia, Africa, Nations, Reuters, BBC, Bayer Leverkusen’s, Bundesliga, Leverkusen, Kaiserslautern Locations: Dublin, Ireland, London, Bergamo, Italy, Nigeria, Lookman, Leicester, England

☆ Russian strikes key Ukrainian region of Kharkiv, killing at least 7, as ground troops advance
▼ + stars: | 2024-05-23 | by ( Olga Voitovych | Sharon Braithwaite | ) edition.cnn.com time to read: +1 min

CNN —A wave of Russian strikes Thursday pummeled several locations in Kharkiv, including a printing house, killing seven people, as the Kremlin’s forces move closer in on the region. Russian forces have taken advantage of a weakened front line in Ukraine, and for the past two weeks have advanced towards Kharkiv, which was liberated from Russian control earlier in the war. The Ukrainian state railway network was attacked in the early morning, according to a statement from the company. Earlier this month, the US approved a $400 million package of air defense munitions and other weapons to Ukraine. But senior officials in Kyiv have warned that recent flush of aid will not be enough to fend off further Russian advances.

Persons: Volodymyr Zelensky, Moscow’s, ” Zelensky Organizations: CNN, Kharkiv Locations: Kharkiv, Ukraine, Ukrainian, Lyubotyn, Kyiv

☆ Biden looks to counter China’s influence as he rolls out red carpet for Kenya
▼ + stars: | 2024-05-23 | by ( Kevin Liptak | Kayla Tausche | ) edition.cnn.com time to read: +8 min

Among the goals of his three-day state visit in October: securing another $1 billion in loans from China to help complete infrastructure projects. On Wednesday, when he arrived at Joint Base Andrews to begin another state visit – this time to Washington – he again found a red carpet and troops. Senior administration officials acknowledge a central factor in scheduling a state visit with Kenya was the desire to counter China’s influence and financial leverage on the African continent, which has outpaced the United States in direct investment. One of the goals of Thursday’s state visit is to demonstrate the ability of democracies – like Kenya’s – to deliver for their people. “I plan on going in February,” Biden told reporters.

Persons: Washington CNN —, William Ruto, Joint Base Andrews, Washington –, Jill Biden, Joe Biden, –, Kenya –, ”, “, Biden, Ruto, ” Ruto, he’s, João Manuel Gonçalves Lourenço, Jake Sullivan, ” Biden, Xi Jinping, Donald Trump –, ” Sullivan, Ariel Henry Organizations: Washington CNN, Kenyan, Joint Base, East, Kenya, NATO, Africa –, White, Initiative, Loans, Washington, World Bank, Group, European Union, Democratic, White House, Angolan, Advisers, CNN, Haitian Locations: Beijing, China, Africa, Kenya, United States, China’s, Nairobi, Mombasa, Boston, US, Angola, Democratic Republic of Congo, Zambia, Washington, East, Ukraine, ”, Russia, –, combatting al, Shabab, Somalia, Yemen, Haiti

☆ The number of young working men without college degrees has tanked in the last 30 years. It could be because their wages have barely budged.
▼ + stars: | 2024-05-23 | by ( Ayelet Sheffey | Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Young men without college degrees have been dropping out of the workforce for decades. On Thursday, the Pew Research Center released a report delving into whether a college degree is worth it. The report compares economic outcomes for young adults who've completed a college degree with those who have not. "Accompanying that wages were also bid up for non-college educated young men at that time." Fry added, "the rising rates of young men with criminal records" could be a reason given they could have a hard time finding work.

Persons: who've, it's, —, Richard Fry, Fry, Pew, Gen, millennials Organizations: Service, Pew Research Center, Business, Labor, Bureau of Labor Statistics, Pew, Deloitte

☆ European stocks head for slightly higher open as investors follow UK election news and euro zone data
▼ + stars: | 2024-05-23 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are heading for a slightly higher open Thursday as traders digest the minutes of the last U.S. Federal Reserve meeting, which revealed Fed officials have concerns over sticky inflation and remain cautious on possible interest rate cuts. U.K. markets will be closely watched Thursday after Prime Minister Rishi Sunak announced that a general election will be held on July 4, ending months of speculation over the date of a national vote. As polls stand, the ruling Conservative Party is expected to lose to the opposition center-left Labour Party.

Persons: Rishi Sunak Organizations: Federal Reserve, Conservative Party, Labour Party Locations: U.S

☆ Buthidaung: Fires rage as Rohingya caught up on the front lines of Myanmar’s civil war
▼ + stars: | 2024-05-23 | by ( Helen Regan | Avery Schmitz | ) edition.cnn.com time to read: +11 min

This satellite image shows Buthidaung, Myanmar, on January 17, 2024. © 2024 Maxar Technologies This satellite image shows Buthidaung, Myanmar, on May 18, 2024. This satellite image shows a damaged bridge in Buthidaung, Myanmar, on May 18, 2024. Warnings of further atrocitiesAn immediate concern is a humanitarian crisis in Rakhine state, with newly displaced residents unable to access food or clean water. The Myanmar military has blocked all access,” said Nay San Lwin.

Persons: Farooq, ”, Young, Volker Türk, Kyaw, –, Buthidaung –, “, John Quinley, Khaing, Lwin, Rohingya, Pan, Matthew Miller Organizations: CNN, Arakan Army, AA, Resource Management, Free Rohingya Coalition, International Court of Justice, Council, Myanmar, UN Human Rights Council, National Unity Government, Free Rohingya Coalition –, Maxar Technologies, “, ” CNN, Bangladesh, Labs, Medecins, Rakhine . State Department, Unity Government Locations: Myanmar’s, Myanmar, Rakhine, Arakan, Bangladesh, Buthidaung, Lwin, Indonesia, San Lwin, Rakhine State

☆ Op-ed: How activist investors are deactivating with proxy battle losses
▼ + stars: | 2024-05-23 | by ( Jeffrey Sonnenfeld | Steven Tian | ) www.cnbc.com time to read: +7 min

Whether today's activist investors contribute any genuine economic value is open for debate. As this year's proxy season draws to a close, defeat after defeat for activist investors in proxy fights this year – most prominently at Disney and Norfolk Southern – raises the question: Are activist investors increasingly getting de-activated, losing their credibility and power? These self-styled "activist investors" are distinct from the original activists who helped catalyze needed governance reforms two decades back. Many of today's activist investors are a far cry from the original, heroic crusaders for shareholder value who pioneered the activism space decades ago. However, given the failing financial performance of many of today's activist investors, their losing streak in proxy fights and increasing public rejection of their bullying tactics, the credibility and value of activist investors writ large is increasingly imperiled.

Persons: Nelson Peltz's, Ed Garden, Ralph Whitworth, John Biggs of TIAA, John Bogle of, Ira Millstein, Weil, Nell Minow, Bob Monks, Harvard's Stephen Davis, Carl Icahn's, Aubrey McClendon, –, Bill Cohan, Jamie Dimon, Glass Lewis, resoundingly, Mason Morfit's ValueAct, Jeffrey Sonnenfeld, Lester, Steven Tian Organizations: CNBC, Salesforce, Dow Jones, Disney, Norfolk Southern, Relational Investors, John Bogle of Vanguard, Services, Chesapeake, Norfolk, JetBlue, Elanco, of Institutional Investors, United Shareholders Association, Responsibility Research, ISS, Lester Crown, Management, Yale University, Yale's, Institute Locations: Norfolk Southern, greenmailers, America

☆ Shock summer election in Britain predicted to deliver 'historic' result
▼ + stars: | 2024-05-23 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

British Prime Minister Rishi Sunak makes a statement in the rain outside 10 Downing Street, announcing the UK general election will take place on 4 July in London, United Kingdom on May 22, 2024. News of the vote came as a surprise to the public, the media and much of Sunak's own party. 'As good as it gets'Bronwen Maddox, director of Chatham House think tank, said the election date had shocked many Conservatives who thought it would be held nearer to the U.S. election in November. Market bets on an interest rate cut in the summer fell as a result, and it now looks unlikely the central bank will cut on June 20, its last meeting before the election. So if that translates to a general election as well, then that Labour landslide is looking much less certain."

Persons: Rishi Sunak, Sunak, Price, Bronwen Maddox, I'm, Maddox, Rachel Reeves, Sir Keir Starmer, Angela Rayner, Leon Neal, James, Hannah Bunting, CNBC's, Tony Blair, John Major, Bunting, we've Organizations: British, Anadolu, Getty, Conservative Party, Conservatives, Labour Party, Downing, Bank of England, Chatham House, CNBC, Bank of England's, Labour, Centre, University of Exeter Locations: London, United Kingdom, U.K, Europe, Gaza, Rwanda, Purfleet

☆ 9 dead, 54 injured as wind causes stage collapse at Mexico election rally
▼ + stars: | 2024-05-23 | by ( Michael Rios | ) edition.cnn.com time to read: +2 min

CNN —Nine people were killed and a presidential candidate was briefly taken to hospital after a stage collapsed under heavy winds at a campaign rally in Mexico on Wednesday. Candidate Jorge Álvarez Máynez said he was not injured in the incident, which happened during his campaign event in the northeastern city of San Pedro Garza García. The governor of Mexico’s Nuevo Leon state said at least 54 people were injured and rescue operations were ongoing to save some of the people trapped under the collapsed stage. Álvarez Máynez later said he was suspending all campaign activities after the collapse but would remain in the state to monitor the situation and victims. The presidential candidate said an investigation into the incident would take place.

Persons: Jorge Álvarez Máynez, San Pedro Garza García, Samuel García, Máynez, Álvarez Máynez, ” Álvarez Máynez, Alberto Lopez, ”, Governor García Organizations: CNN, Security, Civil Defense Locations: Mexico, San, Mexico’s Nuevo Leon, San Pedro

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