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"And with an increase of SPACs hitting the Street, you're going to see an increase in short interest in SPACs." Now that the accounting treatment has been mostly resolved, activity in the SPAC market is appearing to pick back up again. For some investors, the SPAC short trade may be about hedging their exposure to warrants and rights. Of the $3.23 billion of short interest in the SPAC market, two thirds come from just 20 companies. Below, Insider has broken down the latest data from S3 on the 20 most-shorted SPACs in the market:
Persons: Ihor Dusaniwsky, SPACs, Chamath Palihapitiya, We've, Matt Tuttle, Muddy Waters, Carson Block, Hindenburg, Nate Anderson, Tuttle, Michael Klein, Grab's, Bill Ackman's Organizations: SPACs, Partners, Securities and Exchange Commission, SEC, Tuttle, Tuttle Capital, MultiPlan Corp, XL Fleet Corp, Lordstown Motors, Hindenburg Research, Companies, Churchill Capital Corp, Lucid, Tontine Holdings Locations: SPACs, Washington, Hollywood, Muddy, DraftKings
Do We Need a New Atlantic Charter?
  + stars: | 2021-06-17 | by ( Richard J. Evans | ) www.wsj.com + 0.00   time to read: +3 min
The much-publicized agreement reflects Mr. Johnson’s determination to reorient British foreign policy away from Europe in the wake of Brexit. Today we do the same.” But does the new Atlantic Charter really deserve the comparison with the historic original? In fact, the Atlantic Charter of 1941 was less about remaking the world than about fighting World War II. In this sense, the Atlantic Charter was more a propaganda statement than a program for action. Even the name “Atlantic Charter” wasn’t official; it was invented by the Daily Herald, a left-wing British newspaper, to describe what was formally known as the Joint Declaration by the President and the Prime Minister.
Persons: Joe Biden, Boris Johnson, , Franklin D, Roosevelt, Winston Churchill, Biden, Trump, Johnson, , wasn’t Organizations: Charter, British, Atlantic Charter, U.S, Lease, Daily Herald Locations: England, Newfoundland, Europe, Britain, Germany, U.S
In Jamaica, a ’90s Hotel with Timeless Appeal
  + stars: | 2021-06-16 | by ( Alison Humes | ) www.wsj.com + 0.00   time to read: +4 min
For the Time Capsule series, we spotlight a cherished restaurant, hotel or landmark that’s changed remarkably little over the years. Named after Ms. Henzell’s family parrot, Jakes catered to locals, backpackers and artists seeking tranquility. The art director for her husband’s film “The Harder They Come,” starring Jimmy Cliff, Ms. Henzell infused Jakes with a bohemian, multicultural vibe, more ’60s than ’90s in spirit. Ms. Henzell’s first rooms are still there, as is the little bar next to the pool, and the original restaurant up front. Ian Fleming, author of the James Bond novels, at his villa in Jamaica, Goldeneye, in year 1964.
Persons: Jakes, Sally Henzell, Henzell, Perry Henzell, , Jimmy Cliff, Henzell’s, Jason Henzell, Jack Sprat, haven’t, Ian Fleming, James Bond, Fleming Villa, Sir Winston Churchill, Oscar Hammerstein, Alex Haley, Sally Henzell’s, Charles Lindbergh, Marilyn Monroe, Arthur Miller Organizations: Treasure, Red Stripes, Villa, Pan Am Clipper, Sikorsky, Caribbean Clipper Locations: Jamaica, British, Treasure, Miami, Barranquilla, Colombia, Kingston, Kingston Harbor, Montego Bay, England, America
(Reuters) - The S&P 500 and Nasdaq unofficially finished at record highs on Monday as most traders focused on this week’s Federal Reserve meeting and not on adding to existing positions. While the Fed has reassured that any spike in inflation would be transitory, policymakers could begin discussing the tapering of bond buying at the Tuesday-Wednesday meeting. Materials and financials dragged on the S&P 500 on Monday, while technology and consumer discretionary were in positive territory. Unofficially, the Dow Jones Industrial Average fell 85.52 points, or 0.25%, to 34,394.08, the S&P 500 gained 7.76 points, or 0.18%, to 4,255.2 and the Nasdaq Composite added 104.72 points, or 0.74%, to 14,174.14. The news weighed on special purpose acquisition companies that are trying to merge with electric-vehicle manufacturers, as Lordstown Motors did.
Persons: Carlo Allegri, , Mark Stoeckle, Funds ., financials, Steve Burns, Julio Rodriguez, Tesla, Elon Musk Organizations: Reuters, Nasdaq, Reserve, New York Stock Exchange, REUTERS, Carlo Allegri Investors, Fed, Funds, Dow Jones, Lordstown Motors Corp, Lordstown, Churchill Capital Corp IV, Lucid Motors, Transition Corp Locations: Manhattan, New York City , New York, U.S, , Wyoming
According to Amazon growth agency Jungle Scout, more than 54% of the $386 billion in net sales that the retail platform generated in 2020 came from third-party Amazon sellers. Between 2019 and 2020, Amazon invested $30 billion in its community of small sellers, spotlighting it in, among other things, a series of commercials outlining the fact that small and medium Amazon businesses sell 6,500 products every minute. Over the past year, an increasing number of third-party sellers have cashed in on their Amazon brands, selling to heavily-funded companies, including category leader Thrasio. Founded in 2018, the holding company reached a $1 billion valuation on the strength of folding up nearly 100 Amazon brands. The companies rolling up Amazon businesses and who's funding themThe landscape for buying businesses like Barzvi's has become crowded with companies trying to profit on the trend.
Persons: They're, Thrasio, Josh Silberstein, rainmaker Michael Klein, Japan —, Procter & Gamble —, Paul Rafelson, PLLC, Rafelson, Lori Barzvi, Barzvi, Guy, Lori, they've, Walter Gonzalez , Jr, GOJA, , Walter Gonzalez, Walter Gonzalez Gonzalez, Gonzalez, JP Morgan, Goldman Sachs, Jason Guerretteraz, — they've, Thrasio's, GOJA's Gonzalez, they'd, Silberstein, Joshua Silberstein, Joshua Silberstein Silberstein, who's, ecommerce, Tim Derdenger, Derdenger, You've Organizations: Commerce, Procter & Gamble, Scout, Amazon, Bloomberg, Churchill Capital Corp, Citigroup Inc, Procter &, World Trade, GOJA, JP, Next Coast Ventures, 3L, JP Morgan Bank, BlackRock, Barclays, UBS, CreditSuisse, RBC, Spark, Tectonic Ventures, Boston, Torch Capital, Forbes, NextCoast Ventures, Walmart, Carnegie Mellon University's Tepper School of Business Locations: Thrasio, Germany, Japan, Manhattan, China
REUTERS/Brendan McDermid/File PhotoThe S&P 500 and Nasdaq eked out record high finishes on Monday, despite most traders being focused on this week’s Federal Reserve meeting and not on adding to existing positions. While the Fed has reassured that any spike in inflation would be transitory, policymakers could begin discussing the tapering of bond buying at the Tuesday-Wednesday meeting. The S&P benchmark (.SPX) has climbed 13.1% this year, while the Dow (.DJI) and the Nasdaq (.IXIC) have risen 12.7% and 9.2%, respectively. "There are a lot of bad companies, but there are some good companies in these SPACs that are going to be good opportunities at some point. The S&P 500 posted 35 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 130 new highs and 24 new lows.
Persons: Brendan McDermid, Mark Stoeckle, Funds ., Steve Burns, Julio Rodriguez, Tesla, Elon Musk Organizations: New York Stock Exchange, REUTERS, Nasdaq, Reserve, Fed, Dow, Dow Jones, Funds, Lordstown Motors Corp, Lordstown, Churchill Capital Corp, Lucid Motors, Transition Corp, Thomson Locations: New York City, U.S, , Wyoming, Proterra
Live G7 Live Updates: World Leaders Face Critical Climate Questions On the final day of the meeting of the world’s wealthiest large democracies, nations are working to reach consensus on plans to limit carbon emissions. President Biden will meet with Queen Elizabeth II later on Sunday. Beyond that point, climate change is expected to have extreme and irreversible consequences. President Biden and his wife, Jill Biden, with Queen Elizabeth II in Cornwall on Friday. President Biden with Prime Minister Boris Johnson of Britain before their meeting on Thursday.
Persons: Biden, Queen Elizabeth II, Alastair Grant, , Yamide Dagnet, Peter Betts, , Mr, Betts, ” Michael D, Angela Merkel’s, Angela Merkel of Germany, Jack Hill Angela Merkel, Merkel, , Katja Iversen, Melissa Eddy, Angela Merkel, Michael Kappeler, France Ian Langsdon, Canada Yves Herman, Italy Alessandro Bianchi, Markus Schreiber, Belgium Stephen Crowley, France Peter Dejong, Jill Biden, Jack Hill President Biden, leader’s, Elizabeth, Harry S, Truman, Lyndon, Johnson, Donald J, Trump, Charles, Prince, Wales, Prince William, Duke of Cambridge, Charles’s, Camilla, Duchess of Cornwall, Kate, Duchess, . Biden, “ They’re, Aaron Chown, Prince Philip, Boris Johnson of, Doug Mills, Boris Johnson, Winston Churchill, Franklin D, Roosevelt, ” Mr, ” David E, Sanger Organizations: Associated, Eden, Organization for Economic Cooperation, Development, World Resources Institute, United, Chatham House, European Union, ., Women Political, Federal Government, Associated Press, Reuters, New York Times, Windsor Castle, NATO, British, Mr, Cambridge Tour, Credit, Atlantic Charter, United States Locations: Gyllngvase, Cornwall, England, United Nations, Scotland, United States, Paris, Australia, Canada, Japan, Washington, London, Britain, China, Europe, Germany, Russia, Malbaie, Quebec, Biarritz, France, Taormina, Italy, Brussels, Belgium, Windsor, Carbis Bay, Cambridge, America, United, United Kingdom,
Netanyahu, ‘King of Israel,’ Exits a Stage He Dominated
  + stars: | 2021-06-13 | by ( David M. Halbfinger | ) www.nytimes.com sentiment -0.99   time to read: +2 min
To jump-start talks, Mr. Netanyahu agreed to release Palestinian prisoners, but he also approved the construction of thousands of new homes in the West Bank, “a profound humiliation to Abbas,” who began to abandon hope in the talks, Mr. Kerry wrote. If he didn’t provoke the Palestinians to quit talks, Mr. Lustick argued, his demands would starve them of the political support they needed to retain legitimacy. A more forgiving view is that Mr. Netanyahu saw no chance of success. “That confidence is not there.”Countering IranThere was a time when Mr. Netanyahu was so popular in the United States that some said he could be elected president. Styling himself a latter-day Churchill, Mr. Netanyahu had been sounding the alarm about Iran’s nuclear program for 20 years.
Persons: Netanyahu, Abbas, , Kerry, Israel, , Rabin, Peres, didn’t, Ian Lustick, Lustick, ” Mr, ” Michael Herzog, Ronald Reagan, Churchill, Obama Organizations: West Bank, Mr, University of Pennsylvania Locations: Oslo, Iran, United States, Israel, Iraq, Syria, Europe
Live G7 Live Updates: Leaders Poised to Sign Declaration on Global Health The annual Group of 7 leaders summit is underway in Cornwall, England, with the pandemic, climate change, China and Russia on the agenda. The G7 leaders get down to business, taking on climate change and the pandemic. And the biggest obstacle come from the United States. Advertisement Continue reading the main storyWhat is the G7 summit, and why does it matter? Last year’s summit was canceled because of the pandemic, making this gathering the first in-person G7 Leaders’ Summit in almost two years.
Persons: Biden, Queen Elizabeth II, Jack Hill, coronavirus, Biden relishes, aren’t, Donald J, Trump, Ursula von der Leyen, Charles Michel, António Guterres, Narendra Modi, Melinda French Gates, Patrick Vallance, Henry Nicholls, Erin Schaff, West Germany —, , Vladimir V, Johnson, Boris Johnson of, Doug Mills, Boris Johnson, Winston Churchill, Franklin D, Roosevelt, ” Mr, ” David E, Sanger Organizations: Global, European Union, United Nations, Gates Foundation, Group, Credit, Facebook, Google, . Tax, The New York Times, United, Britain, , Atlantic Charter, ., New York Times, NATO, United States Locations: Cornwall, England, China, Russia, Paris, United States, Germany, Japan, France, Italy, Canada, Britain, India, South Korea, South Africa, Australia, British, Ireland, Biarritz, West Germany, Crimea, America, United, United Kingdom,
With Jordan ErbDemocratic Sen. Joe Manchin of West Virginia. THE CHARM OFFENSIVE: Progressives are fuming at Sen. Joe Manchin, but the White House continues to woo the West Virginia Democrat, including with the occasional dinner on his houseboat. Insider dived into the charm offensive between Washington's far-from-average Joes as infrastructure, voting rights, and the rest of Biden's agenda hang in the balance. (She previously served as secretary of education and the arts for West Virginia.) Manchin's public squabbles with progressives and occasional stiff-arming of his party only further burnish his image in a state Biden lost by nearly 40 points.
Persons: Joe Biden, Jordan Erb, Jordan Erb Democratic Sen, Joe Manchin, Kevin Dietsch, I've, Manchin, Biden, Manchin's, Gayle Conelly Manchin, Jennifer Granholm, centrists, Jim Manley, Harry Reid, Read, Donald Trump's, Adam Schiff of, Eric Swalwell, Nancy Pelosi, Boris Johnson, Churchill, FDR, America's, Yael Lempert, Lord Frost, Ron DeSantis, we're, Republican Sen, Tim Scott, Sen, Cory Booker, Trump, Putin, Vladimir Putin, Imaad, Superdonor, Hillary Clinton, Zuberi, Clinton bundler, Bill Gates, , Queen Elizabeth II's, James Shields Organizations: Jordan Erb Democratic, Progressives, West Virginia Democrat, Appalachian Regional Commission, West, Energy, Virginian, Trump DOJ, Democratic, Donald Trump's Justice Department, Apple, New York Times, California Democrats, Adam Schiff of California, House Intelligence Committee, Politico, GOP, UK, Atlantic, America, Associated Press, of Labor Statistics, Florida, of Education, Gov, Republican, CIA, Capitol, Gates Locations: West Virginia, Sen, West, Manchin, Charleston , West Virginia, Ireland, Europe, London, Florida, New Jersey, Washington, Illinois, Minnesota, Missouri
Biden, Johnson Chart Path for U.S.-U.K. Ties
  + stars: | 2021-06-10 | by ( Andrew Restuccia | Max Colchester | ) www.wsj.com + 0.96   time to read: +1 min
PLYMOUTH, England—President Biden and British Prime Minister Boris Johnson outlined a vision for U.S.-U.K. relations centered on promoting democracy and countering the influence of autocratic states during their first in-person meeting. The two leaders on Thursday agreed on a wide-ranging document that charts a path forward from a global pandemic that has killed millions, as the virus continues spreading in some parts of the world. It calls for investments in science and technology, renewed efforts to address climate change and improved defenses against global health threats. The two-page document—dubbed the “Atlantic Charter,” after the joint statement made by then-Prime Minister Winston Churchill and President Franklin D. Roosevelt in 1941 when they set out their approach to a post-World War II world—includes few specific policy commitments. “We must ensure that democracies—starting with our own—can deliver on solving the critical challenges of our time,” the new charter states.
Persons: Biden, Boris Johnson, Winston Churchill, Franklin D, Roosevelt Organizations: British, Locations: PLYMOUTH, England, Russia, China
As part of the agreement, Biden and Johnson will also work to reopen travel between the U.S. and U.K. as soon as possible. U.S. national security adviser Jake Sullivan confirmed the updated Atlantic Charter agreement aboard Air Force One while en route to the U.K. Wednesday for Biden's first trip abroad as president. “There'll be a refresher of the Atlantic Charter, which is now 80 years old,” Sullivan told reporters. And while the Atlantic Charter represents the latest chapter in the "special relationship" between Washington and London, the British government said this week that Johnson doesn't like that term. An aide told The Atlantic in a profile about Johnson that the prime minister thought the phrase appeared needy.
Persons: Joe Biden, Boris Johnson, Biden, Johnson, Jake Sullivan, Biden's, , ” Sullivan, Franklin D, Roosevelt, Winston Churchill, ” Biden, Brexit, , Irish Republic —, Sullivan Organizations: WASHINGTON, British, Charter, Downing, U.S, Air Force, Atlantic Charter, UN, NATO, European Union, Irish Republic Locations: United Kingdom, Carbis Bay, Cornwall, England, Northern Ireland, United States, Washington, London
gives the pair an opportunity — and incentive — to work toward common ground as Johnson is eager for trade agreements. Johnson, until recently, was so unwaveringly close to Trump that it would seem hard for this not to color his relations with Biden. Back in 2019, after Johnson's Conservative Party won a majority in Parliament, Biden called the new British prime minister a "physical and emotional clone" of Trump. So Biden should be cultivating his relationship with Macron as carefully as the one with Johnson. These relationships across the ocean require constant reassurance, particularly in the wake of the four years of the Trump administration.
Persons: Joe Biden, Boris Johnson, he'll, Johnson, Donald Trump, Biden, Winston Churchill, Trump, Churchill, Downing, Barack Obama, Rupert Murdoch, Jake Sullivan, Antony Blinken's, Philip Stephens, Emmanuel Macron, Macron, Angela Merkel, Merkel, Donald Trump's Organizations: British, European Union, The, Johnson's Conservative Party, U.S, Britain's Guardian, Trump Oval Office, London, Sun, Britain, The Financial Times, Foreign Affairs Ministry, Macron's Initiative, Europe Locations: Cornwall, England, Trump, Soviet Europe, Western Europe, Britain, Downing, Kenyan, France, U.S, British, Europe, German, Germany
PLYMOUTH, England—President Biden and British Prime Minister Boris Johnson will meet in person for the first time Thursday, in a test of U.S.-U.K. relations amid the coronavirus pandemic, Brexit and growing tensions over Northern Ireland. The two leaders are expected to announce a wide-ranging “Atlantic Charter” aimed at solidifying trans-Atlantic relations. Before their formal meeting, Messrs. Johnson and Biden will view the 1941 Atlantic Charter, which will be on display in the country of Cornwall. At issue is a post-Brexit agreement aimed at avoiding a hard border between Ireland, which is in the EU, and Northern Ireland, which is in the U.K. Instead, the U.K. and the EU have agreed to be border checks on goods heading from Britain to Northern Ireland, effectively placing a border of sorts within the U.K.
Persons: Biden, Boris Johnson, Winston Churchill, Franklin D, Roosevelt, Johnson, hasn’t Organizations: British, Messrs, European Union, EU Locations: PLYMOUTH, England, Northern Ireland, Cornwall, Ireland, Britain
Mr. Biden and Mr. Johnson are expected to announce what is being billed as a renewal of the Atlantic Charter — the declaration of post-war cooperation that Prime Minister Winston Churchill and President Franklin D. Roosevelt laid out in 1941 during World War II. Mr. Biden opposed Britain’s drive leave the European Union, a push that Mr. Johnson helped lead. Mr. Biden and Mr. Johnson will meet on Thursday afternoon at Carbis Bay in Cornwall, before Friday’s meeting of Group of 7 leading industrial nations. Mildenhall, he called his weeklong diplomatic overture “essential,” saying that no nation acting alone could meet the world’s challenges. Mr. Biden also cast his trip in broader terms as an effort to rally the United States and its allies in an existential struggle between democracy and autocracy.
Persons: Biden, Boris Johnson, , , Jill Biden, Doug Mills, Donald J, Trump, Mr, Johnson, Winston Churchill, Franklin D, Roosevelt, Britain’s, , Jake Sullivan, Queen Elizabeth II, Vladimir V, Putin, ” Mr Organizations: Cornwall Airport Newquay, ., New York Times, United, Atlantic, European Union, White House, Air Force, NATO, Mr Locations: Britain, United States, Northern Ireland, United Kingdom, Carbis, Cornwall, Russia, Europe, R.A.F, Mildenhall, China
“It was a statement of first principles, a promise that the United Kingdom and the United States would meet the challenges of their age and that we’d meet it together,” Mr. Biden declared after his private meeting with Mr. Johnson. “Today, we build on that commitment, with a revitalized Atlantic Charter, updated to reaffirm that promise while speaking directly to the key challenges of this century.”Meeting in a seaside resort on the Cornwall coast of England, with Royal Navy ships patrolling to protect the in-person meeting of the Group of 7 industrial nation leaders, the two men clearly sought to cast themselves in the Churchill and F.D.R. As they looked over a small exhibit of the original Atlantic Charter, agreed on aboard a ship off Newfoundland in August, 1941, less than four months before the Pearl Harbor attack, Mr. Johnson noted that “this was the beginning of the alliance, and of NATO.”But Mr. Biden’s aides said they thought the Charter had grown musty and did not reflect a world of different challenges — from cyberspace to China — in which Britain is a much-diminished power. Where the original charter contemplated the “final destruction of the Nazi tyranny” and called for freedom to “traverse the high seas and oceans without hindrance,” the new version focused on the “climate crisis” and the need to “protect biodiversity.” It is sprinkled with references to “emerging technologies,” “cyberspace” and “sustainable global development.”
Persons: ” Mr, Biden, Johnson, Churchill, Biden’s, Organizations: Atlantic Charter, Royal Navy, Charter, NATO Locations: United Kingdom, United, , Cornwall, England, Newfoundland, China, Britain
Cramer's lightning round: Keystone shutdown makes these stocks buys
  + stars: | 2021-06-10 | by ( Tyler Clifford | ) www.cnbc.com sentiment -0.99   time to read: +1 min
That one's too hot. I mean, it's had a very big run and those kinds of stocks are cooling right now. Churchill Capital IV: "I like Lucid and I like Fisker … I don't like Lordstown, by the way. IBM: "If you're buying [CEO Arvind Krishna's] IBM, you're going for growth and I think there will be growth." It's come down, but remember those kinds of high-multiple stocks people don't like them right now, and that's one of the most expensive stocks in the entire market … but I'm going to stick by them."
Persons: it's, Churchill, You've, Kadmon, Arvind Krishna's, It's Organizations: Zim Integrated Shipping Service, IBM, BP Midstream Partners, Enterprise, Keystone
U.S. President Joe Biden and first lady Jill Biden disembark from Air Force One after landing at RAF Mildenhall ahead of the G7 Summit, near Mildenhall, Britain June 9, 2021. Northern Ireland shares a border with EU member Ireland. Such is Biden's concern over Northern Ireland that Yael Lempert, the top U.S. diplomat in Britain, issued London with a demarche - a formal diplomatic reprimand - for "inflaming" tensions, the Times newspaper reported. TROUBLESThe 1998 peace deal largely brought an end to the "Troubles" - three decades of conflict between Irish Catholic nationalist militants and pro-British Protestant "loyalist" paramilitaries that killed 3,600 people. Biden, who is proud of his Irish heritage, will make a statement of principle about the importance of that peace deal, Sullivan said.
Persons: Joe Biden, Jill Biden, Kevin Lamarque, Boris Johnson, Biden, Johnson, Vladimir Putin, Donald Trump's, Jake Sullivan, Sullivan, Yael Lempert, Ursula von der Leyen, He’s, contravenes, Winston Churchill, Churchill, Franklin D, Roosevelt Organizations: Air Force, Mildenhall, REUTERS, British, European Union, NATO, House, United Kingdom . Northern Ireland, EU, Ireland, Times, European, Irish Catholic, Britain, Northern, United, Airbus, Boeing, Pfizer, Thomson Locations: Mildenhall, Britain, Northern Ireland, Carbis, U.S, Geneva, Europe, Asia, United States, European, United Kingdom . Northern, London, EU, European Union
Northern Ireland shares a border with EU member Ireland. Ireland hailed Biden's intervention while European Commision President Ursula von der Leyen warned Johnson against taking any more unilateral steps to undermine the Brexit deal. REUTERS/Kevin Lamarque Read MoreThe 1998 peace deal largely brought an end to the "Troubles" - three decades of conflict between Irish Catholic nationalist militants and pro-British Protestant "loyalist" paramilitaries that killed 3,600 people. Biden, who is proud of his Irish heritage, will make a statement of principle about the importance of that peace deal, Sullivan said. Pro-British unionists say the Brexit deal that Johnson signed contravenes the 1998 peace deal and London has said the protocol is unsustainable in its current form after supplies of everyday goods to Northern Ireland were disrupted.
Persons: Joe Biden, Boris Johnson, Biden, Johnson, Vladimir Putin, Donald Trump's, Jake Sullivan, Sullivan, Carrie, Yael Lempert, Ursula von der Leyen, Jill Biden, Kevin Lamarque Read, He’s, contravenes, Winston Churchill, Churchill, Franklin D, Roosevelt Organizations: British, European Union, NATO, House, Air Force, United Kingdom . Northern Ireland, EU, Ireland, Times, European, Mildenhall, REUTERS, Irish Catholic, Britain, Northern, United, Airbus, Boeing, Pfizer, Thomson Locations: Northern Ireland, Carbis, U.S, Geneva, Europe, Asia, United States, Carbis Bay, European, United Kingdom . Northern, Britain, London, Mildenhall, European Union
Biden, Johnson Agree to Open U.S.-U.K. Travel as Soon as Possible
  + stars: | 2021-06-09 | by ( Max Colchester | Andrew Restuccia | ) www.wsj.com sentiment -0.98   time to read: +1 min
PLYMOUTH, England—President Biden and British Prime Minister Boris Johnson will seek to ease Covid-19 travel restrictions as part of a wide-ranging “Atlantic Charter” before this week’s Group of Seven meeting, according to Mr. Johnson’s office. Following the Thursday meeting, Messrs. Biden and Johnson are expected to announce the formation of a task force with the goal of reopening travel between the U.S. and the UK as soon as possible. As more people get vaccinated, countries around the world are lifting restrictions, allowing for business and leisure travel. In March 2020, then-President Donald Trump barred most travel into the U.S. from the UK by noncitizens. In recent months, major airlines have urged the Biden administration to lift the restrictions.
Persons: Biden, Boris Johnson, Winston Churchill, Franklin D, Roosevelt, Johnson, Donald Trump Organizations: British, Messrs, U.S, noncitizens Locations: PLYMOUTH, England
U.S. President Joe Biden waves as he and First Lady Jill Biden walk on the ellipse to board Marine One on June 09, 2021 in Washington, DC. President Joe Biden and the First Lady are traveling to the United Kingdom for the G7 Summit and will later travel to Belgium and Switzerland, as part of an eight day trip through Europe. LONDON — The U.S. and U.K. have pledged to agree on a new "Atlantic Charter" to cement trade, travel and tech ties between the two nations. U.K. Prime Minister Boris Johnson and President Joe Biden will meet Thursday ahead of the Group of Seven (G-7) summit that begins Friday in Cornwall, in southwest England. The original Atlantic Charter included agreements to promote democracy and free trade.
Persons: Joe Biden, Jill Biden, Boris Johnson, Winston Churchill, Franklin D, Roosevelt, cyberattacks, Johnson, Biden Organizations: LONDON, Atlantic Charter, UN, NATO, U.S . Centers for Disease Control, The U.S, Reuters, EU, White, country's Transport Department Locations: Washington , DC, United Kingdom, Belgium, Switzerland, Europe, U.S, Cornwall, England, American, India, The, Ireland, Canada, Mexico, country's
read moreU.S. and UK airline officials said they do not expect Washington to lift restrictions until around July 4 at the earliest. One key goal will be resuming safe travel, the UK statement said. Before the pandemic, more than 5 million Britons visited the United States and more than 4.5 million Americans visited Britain every year - more than any other country. A new travel task force would make recommendations on safely reopening travel and ensuring that Britain and the United States work closely on international travel policy going forward. "Links between the UK and US are not only crucial for our people, they create and sustain jobs across and throughout our two countries," the statement said.
Persons: John Sibley, Joe Biden, Boris Johnson, Biden, Johnson, Winston Churchill, Franklin Roosevelt Organizations: Heathrow Airport, REUTERS, British, Wednesday, Reuters, European Union, Britons, Thomson Locations: London, Britain, England, Cornwall, Canada, Mexico, Washington, Europe, Ireland, China, India, South Africa, Iran, Brazil, United States
REUTERS/Kevin LamarqueU.S. President Joe Biden brings a grave Brexit warning to his first meeting with British Prime Minister Boris Johnson: Prevent a row with the European Union from imperiling the delicate peace in Northern Ireland. Northern Ireland shares a border with EU member Ireland. read moreTROUBLESThe 1998 peace deal largely brought an end to the "Troubles" - three decades of conflict between Irish Catholic nationalist militants and pro-British Protestant "loyalist" paramilitaries that left 3,600 people dead. Biden, who is proud of his Irish heritage, will make a statement of principle about the importance of that peace deal, Sullivan said. Pro-British unionists say the Brexit deal that Johnson signed contravenes the 1998 peace deal and London has said the protocol is unsustainable in its current form after supplies of everyday goods to Northern Ireland were disrupted.
Persons: Joe Biden, Sydney Glascock, Kevin Lamarque, Boris Johnson, Biden, Johnson, Vladimir Putin, Donald Trump's, Jake Sullivan, Sullivan, He’s, contravenes, Winston Churchill, Churchill, Franklin D, Roosevelt Organizations: 100th Air Refueling Wing, RAF Mildenhall, REUTERS, British, European Union, NATO, House, Air Force, United Kingdom . Northern Ireland, EU, Ireland, Irish Catholic, Northern, United, Thomson Locations: Sydney, Mildenhall, Britain, Northern Ireland, Carbis, U.S, Geneva, Europe, Asia, United States, European, United Kingdom . Northern, London
The trainer and owner of Kentucky Derby winner Medina Spirit filed suit Monday, asking a judge to order racing officials to conduct more testing before possibly stripping the colt of its "Run for the Rose" title. In a civil action filed in Franklin Circuit Court by Bob Baffert and Zedan Racing Stables, they asked for a temporary injunction against the Kentucky Horse Racing Commission from taking action against their horse until additional tests can be run. Medina Spirit was found to have the anti-inflammatory drug betamethasone in its system on May 1, when the colt was first to cross the Kentucky Derby finish line. Baffert's team is demanding the racing commission test samples, drawn from Medina Spirit, for Otomax. "The manner in which the betamethasone found its way into Medina Spirit is critical," according to the complaint.
Persons: Medina Spirit, Bob Baffert, It's, Baffert, didn't, Mary Scollay, she's, Otomax Organizations: Kentucky Derby, Medina, Kentucky Horse Racing, Medina Spirit's Derby Locations: Franklin Circuit, Medina, Churchill Downs
Biden mentioned the US-UK "special relationship" on a call with Johnson, The Atlantic reported. Johnson told Biden he didn't like using the term, the outlet said. According to the White House readout of the call, Biden "conveyed his intention to strengthen the special relationship between our countries." Nicholas Kamm/Associated PressThe term "special relationship" is widely attributed to Britain's wartime prime minister Winston Churchill, whom Johnson wrote a book about and is known to idolize. Since becoming president, Biden has made it clear that the UK's stance on Northern Ireland is jeopardizing good relations.
Persons: Biden, Johnson, Boris Johnson, Joe Biden, Tom McTague, McTague, Downing, Nicholas Kamm, Winston Churchill, Anthony Blinken, Jill, Queen Elizabeth II, we've, Barack Obama Organizations: The, US, Biden, Associated, The Washington Post, Johson, Times Locations: Michigan, Cornwall, Northern Ireland, Britain, London
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