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Jessica Berman, commissioner of the National Women’s Soccer League, speaks during a panel on women's professional soccer at the Hilton Anatole in Dallas on Feb. 10, 2024. In 2019, Berman became the first female deputy commissioner of a men's professional sports league, joining the National Lacrosse League. Taking the fieldBerman took the helm at the women's soccer league after allegations were made of emotional abuse and sexual misconduct across several teams. She also brought the first-ever million-dollar prize pool to U.S. women's soccer. She's also lured big-name investors, selling them on her new vision for professional women's soccer.
Persons: Jessica Berman, Omar Vega, Berman, Gary Bettman, Sally Yates, Yates, She's, lister Natalie Portman, Serena Williams, Naomi Osaka, Patrick Mahomes, Eli Manning, Kevin Durant, Carli Lloyd, Sofia Huerta, Delanie Sheehan, Ben Nichols, Sportico Organizations: National Women’s Soccer League, Hilton Anatole, Getty, New, National Women's Soccer League, CNBC, National Hockey League, NHL, National Lacrosse League, U.S, Chicago Red Stars, Portland Thorns, Hollywood, Seattle, NY Gotham FC, Women's Soccer League, Snapdragon, Amazon, Angel City FC Locations: Dallas, New York City, NJ, San Diego, Angeles
Azerbaijan's biggest arms supplier has been Russia but it will likely acquire jets from elsewhere. AdvertisementThe small, oil-rich South Caucasus country of Azerbaijan has big plans to upgrade its modest fleet of fighter jets over the next decade. However, rather than turn to Russia, its traditional arms supplier for decades, Baku will likely acquire modern fighters from Pakistan and Turkey. "Neither Russia nor Western democracies are ideal suppliers, even though Russia has historically sold arms to Azerbaijan," Roblin told Insider. Turkey provided training and arms that enabled Azerbaijan to defeat Armenia's armed forces in the 2020 war over the Nagorno-Karabakh enclave.
Persons: , Frederico Borsari, Borsari, Sebastien Roblin, Roblin, Armenia's, Sukhoi Su, Tatyana Makeyeva Azerbaijan's, China's, Armenian Su Organizations: Service, Thunder, Turkey's TF, Center for, Business, Azerbaijan, Russian, Pakistan Aeronautical, Chengdu Aircraft Corporation, REUTERS, Armenia, Azerbaijan's MiG Locations: Russia, Moscow, Caucasus, Azerbaijan, Baku, Pakistan, Turkey, Pakistani, Ukraine, China, Armenia, Ankara, Nagorno, Karabakh, Zhukovsky, Soviet
While demand for artificial intelligence applications is seeing rapid growth, several non-tech companies are well-positioned to benefit directly from the AI boom over the next few years, according to Scotiabank. This is because although GPUs, the specialized chips that power AI applications, are more efficient, they consume more than twice as much electricity to operate compared to non-AI chips such as CPUs. The Scotiabank analysts named six stocks that they think are well-positioned to capitalize on surging demand for data centers and renewable energy from AI applications. Meanwhile, earlier this week, fellow data center firm Equinix launched a new cloud service that will allow companies to manage their Nvidia AI supercomputing infrastructure to build AI applications. Due to their massive, power-hungry data centers, Scotiabank noted that the tech companies are the largest corporate consumers of renewable power.
Persons: Equinix, AI's Organizations: Scotiabank, Analysts, Digital Realty, Digital, Nvidia, supercomputing, JV, Big Tech, Google, Microsoft, NextEra Energy, NextEra Energy Partners, Brookfield Renewable Partners, Big
Renewable energy companies are poised to benefit from a burgeoning market that allows them to sell clean energy tax credits, according to JPMorgan. The Inflation Reduction Act offers generous tax credits for renewable energy projects but many companies are struggling to fully take advantage of them. "We believe this transfer market, once ramped, will offer a potentially cheaper and more efficient way to monetize tax credits," Strouse wrote. The IRA offers renewable companies a range of tax credits for the electricity they produce, their investments in new projects, and the components they manufacture. The problem is that the tax credits are often substantially higher than project developers actual tax bills, according to JPMorgan.
Persons: Mark Strouse, Strouse, Omrat, Brookfield Organizations: JPMorgan, Altus, Brookfield Renewable Partners, Enlight Renewable Energy, Ormat Technologies, Bank of America, Bloomberg New Energy Finance, Technologies, Altus Power Locations: Altus Power, Flemington
CNN —Taylor Swift and Travis Kelce are the couple of the hour. Jill Filipovic Courtesy of Jill FilipovicThey’re also a surprisingly positive relationship model for men and women alike. Finding love isn’t always easy for American women in a more feminist world, even as American women have become far better off. Fewer than a quarter of single men say they have a hard time finding a romantic mate who meets their expectations. Swift and Kelce are both fabulously wealthy, and money does make relationships easier — she’s now a billionaire, according to Bloomberg.
Persons: Jill Filipovic, CNN — Taylor Swift, Travis Kelce, Jill Filipovic They’re, Swift, Jason, Taylor, Travis, Gloria Steinem, , Wives, Kelce, Taylor Swift, , they’re, It’s, ’ —, she’s Organizations: Twitter, CNN, Kansas City Chiefs, Chiefs, Philadelphia Eagles, Pew Research, Census, Pew, Survey Center, American Enterprise Institute, Bloomberg, NFL, ESPN, Sports, ” Sports Locations: New York, Kelce
India and Japan will be Asia's next power couple
  + stars: | 2023-10-19 | by ( Pranav Kiran | ) www.reuters.com   time to read: +4 min
Indian Prime Minister Narendra Modi welcomes Japan Prime Minister Fumio Kishida upon his arrival at Bharat Mandapam convention center for the G20 Summit, in New Delhi, India, Saturday, Sept. 9, 2023. Evan Vucci/Pool via REUTERS Acquire Licensing RightsBENGALURU, Oct 19 (Reuters Breakingviews) - India and Japan are edging closer. Prime Minister Narendra Modi and Prime Minister Fumio Kishida's governments form part of the so-called Quad security grouping with the United States and Australia to counter Chinese expansionism in Asia. Now the two countries are setting up an investment fund together. That’s delivering on a pledge by Kishida to invest 5 trillion yen, or some $42 billion, into India over the next five years.
Persons: Narendra Modi, Fumio Kishida, Evan Vucci, Fumio, Kishida, Wood Mackenzie, Sajjan Jindal, India’s, Lakshmi Mittal, JBIC, Una Galani, Thomas Shum Organizations: Indian, Japan, Bharat, REUTERS Acquire, Rights, Reuters, National Investment, Infrastructure Fund, Japan Bank, International Cooperation, Japan External Trade Organization, Nippon Telegraph, Telephone, Reuters Graphics, Teck Resources, Nippon Steel, ArcelorMittal, Japan Fund, Thomson Locations: New Delhi, India, Japan, United States, Australia, Asia, Reuters Graphics India, China, Russia, South, Teck, Indian
SEATTLE (AP) — Washington Attorney General Bob Ferguson's long-running legal case against the thrift store chain Savers Value Village turned out to be no bargain, as the state has been ordered to pay the company nearly $4.3 million in legal fees. King County Superior Court Judge David Whedbee issued the award on Tuesday, eight months after the state Supreme Court unanimously rejected the attorney general's claims that marketing practices by the thrift store chain were deceptive. “Defending and fully prevailing in this lawsuit was burdensome and costly,” Richard Medway, Savers Value Village general counsel, said in an emailed statement. Savers Value Village paid $580 million to charitable partners globally in the five years ending in 2022 and kept 3.2 billion pounds of goods out of landfills, the company said. Two of the major charities it works with in Washington — Northwest Center, which supports people with disabilities, and Big Brothers Big Sisters of Puget Sound — had urged the attorney general’s office to drop the case.
Persons: Bob Ferguson's, David Whedbee, general's, Richard Medway, Ferguson —, , Puget Sound —, Ferguson's, Whedbee, Brionna, Aho Organizations: SEATTLE, Democrat, Value, Center, Big Brothers, Puget Sound Locations: King, Bellevue , Washington, U.S, Canada, Australia, Washington —
"Sadly, we now know that at least 11 American citizens were among those killed—many of whom made a second home in Israel," Biden said in a statement released by the White House. Sadly, we now know that at least 11 American citizens were among those killed—many of whom made a second home in Israel. While we are still working to confirm, we believe it is likely that American citizens may be among those being held by Hamas. For American citizens who are currently in Israel, the State Department is providing consular assistance as well as updated security alerts. The ties between Israel and the United States run deep.
Persons: Joe Biden, , Biden, Netanyahu Organizations: White, United, American Citizens, Hamas, State Department, Department of Homeland Security, Federal Bureau of Investigation Locations: Israel, United States
Bill Gross , a widely followed investor once known as the bond king, said he's negative about both stocks and bonds, only seeing very limited opportunities in the market. "I'd pass on stocks and bonds in terms of future total returns," Gross, the former chief investment officer and co-founder of Pimco, wrote in his new investment outlook blog. Gross believes the Federal Reserve is unlikely to lower interest rates in a significant way in the face of inflation, so bond prices may not go higher anytime soon. "Unless Chair [Jerome] Powell and company can significantly lower real 10-year Treasury rates from 2.25%, investors may eventually realize that bonds are a better deal than clearly overvalued stocks headed into an economic slowdown/recession," Gross said. "Personally, I don't believe Powell will be willing or able to lower short rates significantly in the face of a 3% inflation future."
Persons: Bill Gross, Gross, Pimco, Jerome, Powell, CNBC's Organizations: Federal, CNBC, Activision
Opinion: Trump and the upside-down world
  + stars: | 2023-10-01 | by ( Richard Galant | ) edition.cnn.com   time to read: +17 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN —The title on the cover of Cass R. Sunstein’s 2021 book, “This is not normal,” is printed upside down. The beginning of a Trump-backed House Republican inquiry into impeaching President Joe Biden with no clear evidence of his wrongdoing. A last-ditch move Saturday kept federal agencies funded for 45 days while putting more aid to Ukraine in jeopardy. Bill Bramhall/Tribune Content AgencyOn Monday, a New York judge found Trump and his adult sons liable for insurance and bank fraud and canceled the Trump Organization’s business certification.
Persons: Cass R, ” Sunstein, Ronald Reagan, “ Donald Duck, Donald Trump, Joe Biden, Trump, , , Kevin McCarthy’s, Clay Jones, Mike Lawler, Rosa Cruz, Rob Rosenthal, Brian Riedl, Walt Handelsman, Biden, MAGA, John Avlon, , Bill Bramhall, Frida Ghitis, , Ghitis, Phil Hands, Julian Zelizer, Steven Lubet, Judge Chutkan, Dean Obeidallah, Menendez, Hal Boyd, Sen, Tim Scott, Ron DeSantis, Scott, ” Scott, Lyndon, “ you’ve, ” Jeff Yang, Chris Christie’s, , Donald Duck ’, Mike Pence’s, Walter Mondale, Nikki Haley’s, South Carolina Sen, Vivek Ramaswamy, TikTok, whittling, Haley, ” Sophia Nelson, ” Lisa Benson, GoComics.com, James Antle III, Todd Graham, David Axelrod, Musa al, Republicans –, , Nick Anderson, Agency Cassidy, Evelyn Hockstein, Cassidy Hutchinson, Nicole Hemmer, Hutchinson, , Alyssa Farah Griffin, Liz Cheney, Alexander Butterfield, Melissa S, Jason L, Riley, Jill Filipovic’s, Robert F, Kennedy Jr, Peter Bergen, Kennedy, Vladimir Putin, Brian Bowen Smith, ABC Gerry Turner, Deborah Carr, Gerry Turner, Turner, ” Don’t, Jill Filipovic, Dianne Feinstein, Matthew F, West Point Vincent, David A, Adam Larson, Michael D, Smith, Travis, Taylor Dana Summers, Taylor Swift, Travis Kelce, ” Rick Reilly, Colgate, Tay, Frankie de la, it’s Organizations: CNN, Republican, Ronald Reagan Presidential, Trump, Chiefs, Department of Labor, Wesleyan University, Agency, MAGA Republican, Pew Research Center, NBC, Republicans, GOP, , Florida Gov, New, New Jersey Gov, Democratic, UAW, Tribune, White House, Legislative Affairs, White, Street, ” RFK, ABC, Chicago, Corps, Kansas City Chiefs, New York Jets, Washington Post, NFL Locations: Milwaukee, Simi Valley , California, Ukraine, New York, Washington, Tempe , Arizona, New Jersey, Cupp, South Carolina, Florida, Michigan, Michigan , Pennsylvania, Wisconsin, Gharbi, West Point
The move is aimed at helping auto makers to diversify their supply chains and increase their reliance on reliable partners like Canada, Investissement Quebec CEO Guy LeBlanc said on Thursday. LeBlanc said Quebec has secured C$15 billion over the past three years and another C$15 billion is coming in the next three years. He added that the Canadian province decided to play to its strengths and develop a strategy to promote its critical mineral resources, including lithium, nickel and graphite. Over the past three years, Quebec has attracted investments from auto and battery makers such as General Motors (GM.N) POSCO (GM.N) and Ford Motors (F.N). The Canadian government has wooed investments by providing subsidies worth C$28.2 billion for auto makers such as Stellantis and Volkswagen.
Persons: Mark Blinch, Guy LeBlanc, LeBlanc, " LeBlanc, Divya Rajagopal, Paul Simao Organizations: REUTERS, Rights, Reuters, Investissement, General Motors, Ford Motors, Canadian, Volkswagen, Huawei, U.S, Thomson Locations: Toronto, Quebec, Canadian, Canada, Investissement Quebec, North America, China, British Columbia
The United States imported nearly $127.5 billion in goods from Vietnam in 2022, compared with $101.9 billion in 2021 and $79.6 billion in 2020, according to US government data. The United States needs a trusted partner for its supply of chips, and Vietnam can do just that, Osius said. But that compares favorably with a global growth forecast of 3%, and is noticeably faster many of the world’s major economies, such as the United States, China and the eurozone. Politically, Vietnam shares many similarities to China in that it is an authoritarian one-party state that tolerates little dissent. Vietnam is an obvious choice, because it’s a cheap alternative to manufacturing in China, said García-Herrero.
Persons: Joe Biden, , Donald Trump’s, Nguyen Phu Trong, Biden, Antony Blinken, Evan Vucci, ” Ted Osius, Janet Yellen, Michael Every, Alicia García, Osius, chipmaker, Ho, “ We’re, Natixis, ” Osius, , — CNN’s Kyle Feldscher, Jeremy Diamond, Kevin Liptak Organizations: Hong Kong CNN, America, Apple, Intel, House, Communist Party of, ASEAN Business Council, CNN, United, Atlantic Council, Rabobank, White House, United State, Monetary Fund, , Netflix, Boeing Locations: Hong Kong, Vietnam, Washington, Hanoi, China, Asia, India, Communist Party of Vietnam, United States, Hanoi Nguyen Huy Kham, United, Beijing, The California, Ho Chi Minh City, Asia underwhelms
For Europe, energy security has always been a trade-off: Cheap, imported energy comes with the risk of dependency on the countries from which it originates. Europe had an especially mild winter while governments and citizens made a concerted effort to use less gas. Despite these efforts, officials and analysts are fearful that however impressive these advancements have been, Europe’s energy is far from secure in the long term. And when it comes to energy security, dependency ultimately brings us back to that classic trade-off: economics versus risk. China is not the only threat when it comes to energy security in Europe.
Persons: guzzled, Vladimir Putin, , Sean Gallup, Koen van Weel, , Milan Elkerbout, Kevin Frayer, Ursula von der Leyen, Von der, Adam Bell, it’s, Ursula von der, Yves Herman, Velina Tchakarova, ” Tchakarova Organizations: CNN, Ukraine, European Union, EU, Getty, Center for European Policy Studies, China . Workers, China Locations: Ukraine, Europe, Russia, Moscow, European, Lubmin, Germany, Port, Rotterdam, Netherlands, Qatar, Nigeria, China, Huainan, Anhui province, Brussels, Beijing, Belgium, Taiwan, cyberattacks . China, Saudi Arabia, Khazakstan, Libya
That sobering view of a post-pandemic global economy emerged from research organized by the Kansas City Federal Reserve and debated here this past weekend. "This puts us in a bleak setting, thinking about the parts of the world that are labor rich but capital poor," he said. "I do remember a time, maybe a more naive time...when more trade would create friends," said Ben Broadbent, deputy governor of the Bank of England. If there was a potential bright spot, it was around the discussion of advances in artificial intelligence as a possible driver of higher productivity. Reporting by Howard Schneider; Editing by Dan Burns and Andrea RicciOur Standards: The Thomson Reuters Trust Principles.
Persons: JACKSON, Pierre, Olivier Gourinchas, Gourinchas, Maurice Obstfeld, Barry Eichengreen, Eswar Prasad, Donald Trump, Biden, Jared Bernstein, Bernstein, Ben Broadbent, Ngozi Okonjo, Iweala, Trump, Nela Richardson, Howard Schneider, Dan Burns, Andrea Ricci Organizations: Kansas City Federal Reserve, U.S, Monetary Fund, Fed, Peterson Institute for International Economics, International Monetary Fund, University of California, Cornell University, U.S . White House Council, Economic, Biden, Bank of England, Trade Organization, Thomson Locations: , Wyoming, Ukraine, China, West, Washington . China, U.S, Berkeley, Japan, Nigeria, Russian, Europe
Eureka Health is building a platform to help patients with chronic conditions find new treatments. Eureka Health used this 11-slide pitch deck to land $7 million in a round led by Khosla Ventures. Eureka Health seeks to give patients with chronic conditions a community to find new treatments based on reports of what other patients have tried. Then, Eureka patients can log how effective a specific treatment was for their symptoms, as well as any side effects they may have experienced. Eureka Health provided Insider with the deck it used to raise $7 million in seed funding.
Persons: Zain Memon, Noah MacCallum, Memon, MacCallum, Anne Wojcicki, Susan Wojcicki, Eureka, we're Organizations: Eureka Health, Khosla Ventures, Health, South Park, SciFi, Able Partners, Bow, 23andMe, South Locations: Eureka, South Park
All three major averages advanced for the week, powered by strong mega-cap earnings and favorable inflation data. Looking to next week, earnings season enters its second half with the last of our mega-caps — Apple (AAPL) and Amazon (AMZN) — set to report on Thursday. We'll get a better read on the employment picture on Wednesday with the ADP report and then, more importantly, on Friday's nonfarm payrolls report for July. Thursday after the close brings us to the main events of the week: Earnings from Apple and Amazon. For those looking to review first quarter performance ahead of these releases, be sure to keep our first-quarter earnings report card handy.
Persons: We'll, that's, Stanley Black, Decker, Emerson, Bausch, Leggett, Platt, SIRI, Ares, COLM, PERI, Kraft Heinz, Phillips, Ferrari N.V, Johnson, Robinson, COOK, BUD, Kellogg, Papa, Pitney Bowes, Parker, Trimble, Ziff Davis, Nonfarm, Jim Cramer's, Jim Cramer, Jim, Apple Tim Cook, Kevin Dietsch Organizations: Nasdaq, Dow, Federal Reserve, Federal, ISM Manufacturing, Services PMI, Investors, Caterpillar, Devices, Starbucks, Natural Resources, AMD, Management, Emerson Electric and, Humana, Bausch Health, Apple, Microsoft, Resource Partners, AerCap Holdings, CNA Financial Corp, CNA, Apellis Pharmaceuticals, Bank, SJW, Hutchison China MediTech, Camtek Ltd, Silvercrest Asset Management, Loews Corp, Oxford Lane Capital Corp, Banco Santander, Silicom Ltd, SuperCom Ltd, Arista Networks, Avis Budget Group, Diamondback Energy, Lattice Semiconductor Corp, Republic Services, Yum China Holdings, Western Digital Corp, Power Systems, Tenet Healthcare Corp, Vornado Realty, BioMarin Pharmaceutical, PetMed, SBA Communications Corporation, Brixmor, Snack Foods Corp, Cushman & Wakefield, Sanmina Corporation, TFI, PMI, Cruise Line Holdings Ltd, Uber Technologies, Pfizer, Enterprise Products Partners, Merck, JetBlue Airways Corporation, Allegro MicroSystems, Altria, SunPower Corp, SiriusXM Holdings, Molson Coors Beverage, Marriott International, Toyota Motor Corp, BP, SYSCO Corp, Marathon Petroleum Corp, Ares Management, Equitrans Midstream Corporation, Game Technology, Illinois Tool, IDEXX Laboratories, Rockwell Automation, Packaging International Corp, Gartner, Zebra Technologies Corp, IQVIA Holdings, Oshkosh Corporation, Leidos Holdings, Eaton Corp, yte Corp, Lear Corp, Starbucks Corp, Devon Energy Corp, SolarEdge Technologies, Lumen Technologies, Virgin Galactic Holdings, Caesars Entertainment, VF Corp, Sciences Corp, Paycom, Vertex Pharmaceuticals, Suncor Energy, Holdings, Chesapeake Energy Corp, Boston Properties, American International Group, AIG, Allstate Corp, Aspen Technology, Electronic Arts, EA, Flowserve Corporation, Denny's, Corp, Prudential Financial, Store, Ternium S.A, Vimeo, Emerson, Lomb, CVS Health, Generac Holdings, Cameco Corp, Perion Network Ltd, Builders, Carlyle Group, Scorpio, Teva Pharmaceutical Industries, Ltd, Rithm Capital Corp, AeroSystems Holdings, Vertiv Holdings Co, Johnson Controls, CDW Corp, DuPont, Brands Holdings, Scotts Miracle, Gro, SMG, Brands, Allegheny Technologies, AmerisourceBergen Corporation, ABC, Real Estate Corporation, Adient plc, Editas, Garmin Ltd, WWE, Bunge Ltd, Criteo S.A, PayPal, QUALCOMM, Occidental Petroleum Corp, Apache Corp, Albemarle Corp, MGM Resorts International, MGM, Marathon Oil Corp, Joby Aviation, Industrial, CF Industries Holdings, Goodyear Tire &, Realty ome Corp, Metlife, Pacific Biosciences of, Rush Street Interactive, Zillow, JFrog Ltd, Herbalife Nutrition Ltd, Simon Property Group, McKesson Corp, Storage, Cerus Corporation, GXO Logistics, MAX Holdings, Health, Anheuser, Busch InBev, Warner Bros ., Cheniere Energy, ConocoPhillips, Hasbro, CIGNA Corp, Lantheus Holdings, Regeneron Pharmaceuticals, Fiverr International, Air Products & Chemicals, TopBuild Corp, EPAM Systems, Lightspeed Commerce, Aurinia Pharmaceuticals, Cummins, CMI, Slair Corporation, Starwood Property Trust, Vulcan, Alnylam Pharmaceuticals, New Energy Corp, Cedar Fair Entertainment, Intellia Therapeutics, Lending, Privia Health, Dickinson, Chimera Investment, CIM, Hyatt Hotels Corp, Lion Electric, LEV, Deluxe Corp, Murphy Oil Corp, PBF Energy, Papa John's, Targa Resources Corp, Wix.com Ltd, Apollo Global Management, LLC, Butterfly, Sempra Energy, Aptiv PLC, Brookfield Infrastructure Partners, Canada Goose Holdings, Hannifin Corporation, WESCO International, WCC, Arrow Electronics, Constellation Energy Group, Midstream Partners, Coinbase, Petroleo Brasileiro SA Petrobras, Gilead Sciences, Opendoor Technologies, Booking Holdings, Atlassian Corporation, International, Redfin Corporation, Motorola Solutions, Monster Beverage Corporation, Consolidated Edison, Rocket Companies, Apple Hospitality, Cirrus, Resources, Universal Display Corporation, Chesapeake Utilities Corp, Social, Defense, Security Solutions, Post Holdings, Tandem Diabetes Care, Nikola Corporation, Magna International, Dominion Energy, ACM Research, Frontier Communications, Brookfield Renewable Partners, inTEST Corporation, American Pipeline, TELUS International, XPO Logistics, Fluor Corp, Gray Television, Cboe, LyondellBasell Industries, Twist Bioscience, Global, Jim Cramer's Charitable, CNBC, Allen & Company Sun Valley, Getty Locations: U.S, China, India, Oxford, Chile, Illinois, Columbia, Pacific, Pacific Biosciences of California, Southern, PBI, Gilead, Sun Valley , Idaho
Military officers in the West African nation of Niger ousted the country’s president on Wednesday, they said in an address on national television, throwing into uncertainty the future of one of the West’s few reliable partners in a region marred by coups and widespread insecurity. Army officials representing different branches of Niger’s military, which has received support from the United States and France, among others, said they had “put an end to the regime” of President Mohamed Bazoum of Niger, following a day of stalled negotiations where members of the presidential guard held him hostage in the presidential palace. The officers removed Mr. Bazoum “due to the deteriorating security situation and bad governance,” Col. Amadou Abdramane, an official of the Nigerien air force, said in a statement read on television. The statement also said the officers were closing the country’s borders.
Persons: Mohamed Bazoum, Bazoum, Col, Amadou Abdramane Organizations: Nigerien Locations: West African, Niger, United States, France
Soldiers from the presidential guard in the West African nation of Niger barricaded the president in his palace in an apparent mutiny on Wednesday, according to the president’s office and the regional bloc of neighboring states. The standoff raised fears of a coup in a region that has lately been jolted by many. Militant groups linked to both Al Qaeda and Islamic State operate there. Mr. Bazoum was elected in 2021 in Niger’s first peaceful, democratic transfer of power. He has been one of the West’s most reliable partners in a volatile region filled with aging presidents clinging to power and young military officers who have seized control by force.
Persons: Mohamed Bazoum, Al, Bazoum Organizations: Militant, Islamic Locations: West African, Niger, Niamey, Africa, France, Al Qaeda, Islamic State, Niger’s
Far-right parties are propping up coalitions in Finland and Sweden. Afraid of losing voters to UKIP (and other far-right parties), the governing Conservatives ended up adopting many of its positions. Chesnot/Getty Images Europe/Getty ImagesConversely, far-right parties have attempted to sanitize some of their rhetoric, hoping to appear a more credible electoral prospect. Leon Neal/Getty ImagesA different type of populismAnd so the recent successes of far-right parties cannot be explained by dramatic shifts in public opinion. A lot depends on the ability of mainstream parties – particularly on the left – to build tents big enough to accommodate their differences, rather than compromising with far-right parties to prop up their coalitions.
Persons: Donald Trump, , Emmanuel Macron, Angela Merkel’s, Mario Draghi, Jaroslaw Kaczynski, Viktor Orban, Andrej Babis, Czech Michael Bloomberg, Czech Donald Trump, Meloni, Mussolini, Nigel Farage, Jack Taylor, Farage, Jean, Marie Le Pen, Marine, Lionel Jospin, Jacques Chirac, Petteri Orpo, Sanna Marin, Vilhelm Junnila, Ulif Kristersson, Mark Rutte’s, Pen, Chesnot, Philippe Marlier, ” Le, Matteo Salvini, Vladimir Putin, Tino Chrupalla, Alice Weidel, Thomas Lohnes, Omer Messinger, Larry Bartels, Boris Johnson, Leon Neal, Giorgia Meloni, Odd Andersen, Orban, Kaczynski, Rutte’s, Pedro Sanchez Organizations: CNN, White, Channel, European Central Bank, Italy’s, Vox, UK Independence Party, UKIP, European Union, EU, Conservatives, National, Socialist, Socialists, Finns Party, Swedish, Sweden Democrats, Rassemblement National, University College London, Lega, Ukraine, Russia, Former British, Italy's, NATO, Getty, Spain’s Locations: United Kingdom, United States, Europe, Brussels, Spain, Poland, Hungary, Germany, Czech, France, Finland, Sweden, Austria, European, Netherlands, Russian, Oxfordshire, Vilnius
Regardless of the outcome, officials said the meeting itself marked a step towards stronger ties. "The most important issue of the meeting is the meeting itself," Argentine Undersecretary for Latin American and Caribbean affairs Gustavo Martinez Pandiani told a small group of reporters in Brussels. The EU has said it wants a joint declaration condemning Russia, but knows this will be difficult to achieve. The EU and Argentina will sign a memorandum of understanding on energy cooperation before the summit starts. The EU may also offer details on plans to invest 10 billion euros ($11.2 billion) in CELAC infrastructure projects, part of its Global Gateway initiative.
Persons: Gustavo Martinez Pandiani, Luiz Inacio Lula da Silva, Philip Blenkinsop, Barbara Lewis Organizations: European Union, UN, European, EU, Mercosur, Thomson Locations: BRUSSELS, America, Caribbean, EU, Ukraine, China, Caribbean States, Brussels, Argentine, Russia, Nicaragua, Bolivia, Cuba, El Salvador, Beijing, Mexico, Peru, Venezuela, Chile, Argentina, Brazil, Paraguay, Uruguay
China is Berlin's most important trading partner, and 40% of Europe's foreign trade flows through the South China Sea, a waterway that is a focal point for territorial disputes in the Indo-Pacific. In 2021, a German warship sailed into the South China Sea for the first time in almost 20 years. When asked what message the first deployment of German troops to Australia was meant to send to China, he underscored Berlin did not aim to antagonize anybody. Mais plans to visit the German troops in Australia and a Rheinmetall (RHMG.DE) plant assembling Boxer armoured transport vehicles for both armies in mid-July, before travelling on to Japan and Singapore. As for Talisman Sabre, the German troops already have orders to return to Australia for the next exercise in 2025.
Persons: Alfons Mais, Berlin, Mais, Talisman Sabre, Sabine Siebold, Frank Jack Daniel Our Organizations: European Union, Reuters, Talisman, Rheinmetall, Boxer, Thomson Locations: BERLIN, Germany, Australia, China, German, U.S, Indonesia, Japan, South Korea, France, Britain, Berlin, Europe, Singapore
The league is borrowing $78 million from a syndicate of Black- and minority-owned banks and community development financial institutions. The loan deal will generate "tier 1 capital" for the banks and CDFIs. According to the National Black Bank Foundation, it will boost their lending power by millions through banking fees and interest. "These community banks sometimes have difficulty navigating down economic times. "These banks loan money to people and businesses that need it without being predatory.
Persons: Joe Siclare, Siclare, Ashley Bell, Martin Luther King, Bell, you'll, Dominik Mjartan Organizations: National Football League, National Black Bank Foundation, CNBC, NFL, National Basketball, Atlanta Hawks, Major League Soccer, Black, Bank of America, Silicon Valley Bank, Optus Bank Locations: Silicon, Columbia , South Carolina
And the deal is also undeniably a great piece of business, assuming PGA Tour players accept it. And all pending litigation between LIV Golf and the PGA Tour was also mutually ended under the new agreement. He “co-opted the 9/11 community last year in the PGA’s unequivocal agreement that the Saudi LIV project was nothing more than sports washing of Saudi Arabia’s reputation,” the group said in a statement. Unresolved sporting conundrumsThere are as many sporting questions about the PGA Tour/LIV Golf partnership that remain unanswered. Then there is the question of how current PGA Tour members will respond.
Persons: LIV Golf, Arnold Palmer, Jamal Khashoggi, Prince Mohammed bin Salman, , LIV –, Jay Monahan, Monahan, , , Saudi LIV, ” Monahan, Dustin Johnson, Phil Mickelson, Patrick Reed, Cam Smith, Donald Trump, LIV, Trump, Khashoggi, ” Trump, Joe Biden, Antony Blinken, Tuesday’s LIV, Qataris, Cristiano Ronaldo, Karim Benzema, ” Yasir Al, Rumayyan, of Famer Greg Norman, Collin Morikawa, Mickelson, Alan Shipnuck, Shipnuck Organizations: CNN, PGA, Saudi, Post, Premier League, Global, Families United, Saudi shills, Crown, Formula One, NBA, Tour, Qatar, Soccer, Manchester City, United, Newcastle, Indian Premier League, Al, Real, Saudi Public Investment, , Saudi Public Investment Fund, CNBC, of Famer, Open, Twitter Locations: Washington, Saudi, Qaeda, Riyadh, China, Western Europe, East, India, United Arab Emirates, Saudi Arabia, Ittihad, Real Madrid, French
PGA Tour agrees to merge with Saudi-backed rival LIV Golf
  + stars: | 2023-06-06 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +13 min
The PGA Tour has agreed to merge with Saudi-backed rival LIV Golf in a deal that would see the competitors squash pending litigation and move forward as a larger golf enterprise. With LIV Golf in the midst of its second, groundbreaking season, the PGA TOUR, DP World Tour and PIF will work together to best feature and grow team golf going forward. PIF will initially be the exclusive investor in the new entity, alongside the PGA TOUR, LIV Golf and the DP World Tour. Separately, PGA TOUR Inc. will remain in place as a 501(c)(6) tax exempt organization and retains administrative oversight of events for those assets contributed by the PGA TOUR, including the sanctioning of events, the administration of the competition and rules, as well as all other "inside the ropes" responsibilities, with Jay Monahan as Commissioner and Ed Herlihy as PGA TOUR Policy Board Chairman. The DP World Tour and LIV Golf will retain similar administrative oversight of events on their respective Tours.
Persons: LIV, LIV didn't, Yasir Al, Rumayyan, Jay Monahan, PIF, CNBC'S David Faber, LIV Golf, Brooks Koepka, Phil Mickelson, Bubba Watson, Monahan, Team Captain Brooks Koepka, Ricky Elliott, Osama Bin Laden, Donald Trump, nobody's, Trump, CNBC's David Faber, Jessica Golden, Kevin Durant, James Pitaro, LIV –, we've, Jay, Keith, Ed Herlihy, Herlihy, Jimmy Dunne, Keith Pelley Organizations: Nexstar, Nexstar Media Group, CW Network, CW, Wrestling, Endeavor Group, PGA Tour, CNBC, Saudi Arabia Public Investment Fund, PGA, European PGA, U.S, Team, Royal Greens, & Country Club, King Abdullah Economic, Saudi, CBS Sports, LIV, ESPN, Public Investment Fund, Al, Rumayyan, Strategic Alliance Locations: U.S, Saudi, Jeddah, King Abdullah, King Abdullah Economic City, Saudi Arabia, Los Angeles, RIYADH, PONTE, BEACH , Florida
CNN —The US-based PGA Tour is set to partner with the Saudi-backed breakaway LIV Golf, ending a feud that has dogged the men’s professional game for the past year. A spokesperson for the PGA Tour told CNN that the new relationship between the PGA Tour, DP World Tour and LIV Golf is not a merger, but “a partnership/creation of a new commercial entity.”The LIV Golf series, backed by Saudi Arabia’s Public Investment Fund (PIF), officially launched in June 2022, with participating players subsequently barred from competing in PGA Tour events. “After two years of disruption and distraction, this is a historic day for the game we all know and love,” said PGA Tour Commissioner Jay Monahan. In August 2022, the four-time major winner told CNN that LIV Golf had “ripped apart” the men’s game. Tiger Woods was also critical, arguing in July 2022 that players who joined LIV Golf had “turned their back on what has allowed them to get to this position.”Woods had been critical of players to join LIV Golf.
Persons: LIV, LIV Golf, Mohammed bin Salman, , Jay Monahan, Monahan, Yasir Al, PIF, Rory McIlroy, Tiger Woods, , ” Woods, Richard Heathcote, Phil Mickelson, Mickelson Organizations: CNN, PGA, PGA Tour, Saudi Arabia’s Public Investment Fund, MBS, LIV Golf, Getty, Twitter Locations: Saudi, Saudi Arabia
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