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☆ White House unbowed on support for Israel despite growing frustration from progressives and unrest on campuses
▼ + stars: | 2024-04-26 | by ( Kayla Tausche | Mj Lee | ) edition.cnn.com time to read: +6 min

This week’s rapid spread of college campus encampments meant to protest the war has ratcheted up the pressure on the US over its support for Israel. Second gentleman Doug Emhoff spoke by phone with two Jewish leaders on campus, a White House official said, to discuss the immediate need to address antisemitism on college campuses. Despite being just miles from Columbia and the most tense scenes of the protests, Biden will not be making a visit to campus as he holds events in the New York area Friday. The White House must by May 8 certify whether Israel is complying. And while Sanders sought assurances from Biden on how he was approaching the situation, the president remained characteristically diplomatic, Shakir, the Sanders adviser said.

Persons: Joe Biden, Sen, Bernie Sanders, Biden, Sanders, Biden –, ‘, ” Faiz Shakir, Joe, Doug Emhoff, Mike Johnson, Johnson, ” Johnson, ” Biden, Benjamin Netanyahu, Netanyahu, Shakir, “, CNN’s Sam Fossum Organizations: York, York City CNN, Democratic, CNN, Israel, Columbia University, White, Republican, Representatives, National Guard, Harvard Kennedy School’s Institute, Politics, Israeli, Hamas, Biden Locations: York City, Virginia, Vermont, Gaza, Israel, Columbia, New York

☆ Apple's freshest design might just be this puffy space-age carrying case
▼ + stars: | 2024-02-19 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Read previewApple products appear to be sporting a new aesthetic with its case for the Vision Pro. The Apple Vision Pro travel case is a white, bulbous pouch designed to protect the $3,500 mixed reality headset when carried on the go. Product reviewers say the $200 Apple Vision Pro travel case sports a different look than Apple's typical accessories. Despite the concerns, reviewers agree that the case fits their Vision Pro headsets and accessories well. "I just bought a $200 camping pillow to put my Vision Pro inside,"he said.

Persons: —, Derrick Gee, Gee, Faiz Aly, Matt Gray, Cliff Shin, Shin, Aly, TechWeWant, Gray Organizations: Service, Vision, Apple Vision, Apple, Business, NASA, YouTube, University of Illinois Locations: University of Illinois Urbana, Champaign

☆ As Israeli jets devastate Gaza, air force photos show fighter aircraft armed with what look like unguided 'dumb' bombs
▼ + stars: | 2023-10-16 | by ( Chris Panella | ) www.businessinsider.com time to read: +10 min

But the Israeli Air Force recently published photos of fighter jets armed with what experts said look like unguided bombs. Israeli Air Force personnel "arming and continuing the series of attacks," per an X post on October 12, 2023. Israeli Air ForceIsraeli Air Force aircraft outfitted with bombs. AdvertisementAdvertisementAn Israeli Air Force video posted on Monday also showed fighter jets armed with unguided bombs ahead of footage of airstrikes. The unguided munitions in the photos look noticeably different from those equipped with JDAM kits, which turn unguided munitions into precision weapons.

Persons: —, it's, Israel, Michael Bohnert, Justin Bronk, Bronk, jet's, Momen Faiz, NurPhoto, JDAMs, they're, MAHMUD HAMS, Yoav Gallant Organizations: Israeli Air Force, Service, Attack Munitions, Twitter, Israeli Air Force Israeli Air Force, Rand Corporation, Royal United Services Institute, Royal Norwegian Air Force Academy, US Army Air Force, Israel Defense Forces, Air Force, Boeing, Guardian, ISIS, Hamas, Getty, Israeli Air, Israeli, IDF Locations: Israel, Gaza, Vietnam, Gaza City, AFP

☆ Insider Today: Israel's next steps
▼ + stars: | 2023-10-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

AdvertisementAdvertisementIn today's big story, we're looking at the latest developments in Israel's war with Hamas, including Israel's devastating airstrikes and a potentially complicated ground invasion of Gaza. What's on deck:Markets: Market experts detail how to cash in on an ailing bond market. Market experts detail how to cash in on an ailing bond market. AdvertisementAdvertisementThe Israel war is also impacting another conflict: Russia's invasion of Ukraine. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.

Persons: Jimmy Buffett's, margarita, Caroline Ellison, Sam Bankman, Faiz, NurPhoto, Insider's Kelsey Vlamis, Insider's Chris Panella, Amir Levy, Jake Epstein, Insider's Elias Chavez, David Donabedian, Insider's Bryan Metzger, Brendan McDermid, Jim Rogers, George Soros, Raphael Bostic, Lorie Logan, BRYAN R, SMITH Caroline Ellison, Ellison, Linda Yaccarino, X, Arantza Pena Popo, eBay's, they're, They'll, Steve Scalise, Jim Jordan, Rachael Brennan, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Tech, Getty, CNN, Hamas, CIBC Private Wealth, Ukraine, Washington Post, Republican, Elite, Quantum Fund, Soros Fund Management, Atlanta Fed, Dallas, Fed, Alameda Research, Street, Gaza, Boomers, Republicans, Ohio, The Chicago, Tata Consultancy Services, Sam's Club Locations: Florida, Gaza, Israel, Ukraine, Russia, homebuying, Louisiana, New York City, San Diego, London, New York

☆ Israel's military is vastly more powerful than Hamas, but invading Gaza to root it out would still be a nasty fight
▼ + stars: | 2023-10-10 | by ( Jake Epstein | ) www.businessinsider.com time to read: +9 min

Israeli forces continue to mobilize ahead of what appears to be preparations for a ground invasion of Gaza. The IDF said it ultimately wants to strip Hamas of its military and governing capabilities there. War experts say rooting out Hamas will still be a tough fight, given the urban environment. Ultimately, it remains unclear when Israeli forces might actually advance, but it is clear preparations are underway. "So you can believe that they've stockpiled a lot of weapons — not just rockets for attacking into Israel, but for attacking a possible ground invasion."

Persons: —, Andrew Borene, Israel, Yoav Gallant, Mostafa Alkharouf, Borene, Momen Faiz, NurPhoto, it's, John Spencer, Spencer, there's, hasn't, Joe Biden Organizations: Service, Israel Defense Forces, Hamas, IDF, Gaza, Anadolu Agency, Getty, Israel, US Marine Corps, US, West, Institute Locations: Gaza, Israel, Iraq, Iran, The

[1/2] Lawyers, some of them look on television screen, dispaying the live broadcast of the proceeding from the Supreme Court of Pakistan, at the Sindh High Court Bar Association in Karachi, Pakistan September 18, 2023. The move marks the beginning of the tenure of new Chief Justice Qazi Faez Isa as Pakistan's top judge. Isa's first move as the top judge was to open proceedings for live broadcast. "It is a majority consensus decision to telecast live," Isa said at the start of proceedings shown live by state-run broadcaster Pakistan Television. Previous attempts to broadcast proceedings live had been blocked by the court.

Persons: Akhtar Soomro, Qazi Faez Isa, Isa, Umar Ata Bandial, Isa's, Shehbaz Sharif, Anwar ul Haq Kakar, Imran Khan, Faiz Hameed, Asif Shahzad, Mark Potter Organizations: Court Bar Association, REUTERS, Rights, Pakistan Television, Inter - Services Intelligence, Former, Thomson Locations: Pakistan, Sindh, Karachi, Rights ISLAMABAD

That was within Bank Indonesia's 2023 inflation target range of 2% to 4%. A deeper look at the data showed that while headline inflation only rose modestly, annual rice inflation accelerated to 13.76% in August, the highest since June 2012. Myrdal Gunarto, economist with Maybank Indonesia, said he expected a limited increase in rice prices going forward due to planned imports from Southeast Asian countries, predicting headline inflation would remain manageable. As for rice inflation, Irman said: "As a staple, the (rice) inflation will affect purchasing power. But generally, food commodities are showing a moderation trend that is offsetting (rising) rice prices' impact."

Persons: Rice, Myrdal Gunarto, Irman Faiz, Irman, Stefanno Sulaiman, Gayatri Suroyo, Kanupriya Kapoor Organizations: Bank, Maybank, Bank Danamon, Thomson Locations: JAKARTA, Indonesia, Maybank Indonesia

☆ Indonesia economy: We have concerns on the investment front, says BofA economist
▼ + stars: | 2023-08-08 | 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 EmailIndonesia economy: We have concerns on the investment front, says BofA economistMohamed Faiz Nagutha of BofA Securities discusses the headwinds and tailwinds in Indonesia's economy and says "we think 5% growth this year should be OK; 5.3% might be a bit of a stretch."

Persons: Mohamed Faiz Nagutha Organizations: Indonesia, BofA Securities

☆ Report finds Tesla's autopilot connected to more crashes and fatalities than previously reported
▼ + stars: | 2023-06-12 | 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 EmailReport finds Tesla's autopilot connected to more crashes and fatalities than previously reportedFaiz Siddiqui, Washington Post Reporter, joins 'Last Call' to break down the Washington Post's report that Tesla's driver-assistance software is connected to 736 crashes and 17 fatalities, more than previously reported.

Persons: Faiz Siddiqui Organizations: Washington Post, Washington

☆ Exclusive: Bank of America promotes Bettamio to co-head of investment banking; Ahmad to co-head capital markets
▼ + stars: | 2023-06-08 | by ( Lananh Nguyen | Thomson Reuters | Lananh Nguyen Is The U.S. Finance Editor At Reuters In New York | ) www.reuters.com time to read: +1 min

NEW YORK, June 8 (Reuters) - Bank of America Corp (BAC.N) promoted the head of its Latin America business, Alex Bettamio, to co-head of global investment banking alongside Thomas Sheehan, according to a memo seen by Reuters on Thursday. It also elevated Faiz Ahmad to jointly lead global capital markets with Sarang Gadkari. Bank of America's investment-banking revenue rose 19% to $6.2 billion in the first quarter, its second-best quarter for revenue, even as investment banking fees sank 20%. Jin Su will become the bank's sole president for the Asia Pacific region when Seguchi retires. Peter Guenthardt will lead global corporate investment banking in the region.

Persons: Alex Bettamio, Thomas Sheehan, Faiz Ahmad, Sarang Gadkari, Ahmad, Bilgi Zapparoli, Bernie Mensah, BofA's, Mark Monaco, Augusto Urmeneta, Jiro Seguchi, Jin Su, Seguchi, Peter Guenthardt, Lananh Nguyen, Lisa Shumaker Organizations: YORK, Bank of America Corp, Reuters, Sarang, Global Transaction Services, Bank of, GTS, Asia, Thomson Locations: America, U.S, Asia Pacific

☆ You Don’t Need to Speak Another Language to Love a Bilingual Edition
▼ + stars: | 2023-05-16 | by ( Hasan Altaf | ) www.nytimes.com time to read: +3 min

In “The Rebel’s Silhouette,” for example, an untitled Urdu poem by Faiz Ahmed Faiz on Page 50 is placed opposite its translation, by the Kashmiri American poet Agha Shahid Ali, on Page 51. Even if you don’t read Urdu, the original is sharply outlined: four lines in two couplets, taking up barely a third of the page. One great charm of a bilingual edition is that you don’t have to give up one for the other, as you would with a translation. You can have both at the same time, and treat language as a Jenga tower, moving its pieces but preserving its structure. Look at the beginning of another untitled poem and you can hear the music of “Passará/tem passado/passa com a sua fina faca” — the time-traveling verb, the echoing sibilants, the alliteration.

The decision, announced after financial markets closed, gives Biden a pair of trusted Washington insiders to steer economic policy as the risk of recession fades but inflation lingers. Big fights also loom with the Republican-controlled House of Representatives over raising the debt ceiling. The shakeup comes as the White House tries to tackle what officials view as a frustrating disconnect between relatively strong economic data and weak public sentiment. The White House has refused to discuss spending cuts without a debt ceiling vote first. Bernstein last week conceded that the White House's early description of inflation as "transitory" had missed the mark.

☆ Philippine central bank will 'follow the Fed's drumbeat,' says economist
▼ + stars: | 2022-12-15 | 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 EmailPhilippine central bank will 'follow the Fed's drumbeat,' says economistMohamed Faiz Nagutha of BofA Global Research says the Bangko Sentral ng Pilipinas is likely to continue hiking rates in early 2023, following the U.S. Federal Reserve.

But first: The results from five counties will help tell us if Democrat Raphael Warnock is on track to win tonight’s Senate runoff in Georgia. Warnock got 56.9% of the vote in Cobb when he won the Jan. 2021 runoff, and he got just under that last November (56.8%). And in Gwinnett, Warnock got 60.6% of the vote in the 2021 runoff, compared with 58.9% last month against Walker. In rural Chattooga — one of NBC News’ “County to County” counties — Warnock got just 20.5% when he won the 2021 runoff, and he got less than that in the November general election (19.8%). Data Download: The number of the day is … $7.79 billionThat’s how much money was spent on political television, radio and digital ads this entire cycle (starting the day after the 2021 Georgia Senate runoff through today’s runoff), per AdImpact.

Now Biden faces a backlash from a core of rail workers and allied groups, as some of them see a betrayal in the bill he pushed to avert a rail strike. The standoff between rail workers and the profitable companies that employ them posed an awkward dilemma for Biden, forcing him to find an elusive middle ground between dueling campaign pledges. A rail strike threatened to unravel the job gains that no doubt will be central to any Biden re-election campaign. He said he is not giving up on paid sick leave for rail workers and other Americans who don’t receive such benefits. …”Still, the president could have used more leverage to reach a deal that included paid sick leave, union officials and allies contend.

☆ EXCLUSIVE Vietnam may widen dong trading band again to conserve FX reserves - source
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +4 min

HANOI, Oct 26 (Reuters) - Vietnam is preparing to loosen its tight leash on the dong currency, including possibly widening its trading band with the U.S. dollar again, in order to conserve its shrinking currency reserves, a source with direct knowledge of the matter said on Wednesday. The State Bank of Vietnam (SBV) has intervened to defend the currency, although it rarely discloses FX reserves data or the amount of dollars spent. Widening the band, which would allow the market to drive the currency lower without triggering so much FX reserves selling, was one possibility, the source said. Other measures to cushion the dong, without exhausting FX reserves, were also being discussed, he said, without providing further details. The source said the SBV was trying to conserve its dollars as the country's FX reserves had sunk to the International Monetary Fund's recommended level, which is at least three months of imports.

☆ Former Pakistan leader Imran Khan disqualified from holding office
▼ + stars: | 2022-10-21 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

ISLAMABAD — Pakistan’s elections commission on Friday disqualified former Prime Minister Imran Khan from holding public office for five years, accusing him of unlawfully selling state gifts and concealing assets, his spokesman and officials said. Chaudhry condemned the move and urged Khan’s supporters to protest publicly. Balkh Ser Khosa, a prominent lawyer, said the commission disqualified Khan from holding public office because he unlawfully sold state gifts given to him by other countries when he was in power. Banaras Khan / AFP via Getty ImagesLaw Minister Azam Nazir Tarar confirmed that the commission found Khan guilty of the charges. Tarar said Khan has been disqualified from holding public office for five years.

☆ Indonesia Sept trade surplus seen at $4.8 bln as exports slow
▼ + stars: | 2022-10-14 | by ( ) www.reuters.com time to read: +1 min

Summary Trade data due at 0400 GMT on Monday, Oct. 17JAKARTA, Oct 14 (Reuters) - Indonesia's trade surplus likely remained elevated in September, albeit below the level recorded in the previous month, amid a slowdown in export growth, a Reuters poll showed on Friday. The September trade surplus is seen at $4.84 billion, narrower than the previous month's $5.76 billion, according to the median forecast of 12 economists. Indonesia is a major exporter of coal, palm oil, nickel, tin and other commodities. Analysts have warned moderating commodity prices, at a time when imports are rising due to an improving domestic economy, may reduce its trade surplus in the remainder of 2022. "We saw a correction in CPO (crude palm oil) prices, even though coal prices were stable" last month, said Irman Faiz, an economist with Bank Danamon, who predicted a $4.4 billion September surplus.

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