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UEFA probes discrimination during Germany v Hungary Euro 2020 game
  + stars: | 2021-06-25 | by ( ) www.reuters.com sentiment -0.99   time to read: +2 min
UEFA did not give details of the incidents at the match, which was played in Munich on Wednesday. UEFA said in a statement that it had appointed an ethics and disciplinary inspector to investigate the matter. read moreThis came after UEFA refused a request from Munich's mayor for the stadium to be lit in rainbow colours for the game in protest at an anti-LGBTQ law in Hungary. Last weekend, UEFA also opened an investigation into Hungary's matches against Portugal and France in Budapest. Ahead of Hungary's match against France, Hungarian fans marched to the Puskas Arena displaying a banner calling on players to stop taking a knee to protest racism.
Persons: Matthias Hangst, Leon Goretzka, Dieter Reiter, Gay, Manasi Pathak, Toby Davis Organizations: Soccer Football, Football Arena Munich, REUTERS, UEFA, Wednesday, England, Portugal, Lesbian, France, Puskas, Thomson Locations: Germany, Hungary, Munich, France, Budapest, Hungarian, Bengaluru
Column: Only half time in public debt match
  + stars: | 2021-06-25 | by ( Mike Dolan | ) www.reuters.com + 0.00   time to read: +6 min
But it ups the ante on public debt even further. If additional debt-financed spending can lift economic potential without stoking inflation, decades of trepidation over unchecked public debt loads moving from crisis to crisis may well have been wide of the mark and a different regime of high but manageable public debt at hand. Persistently high inflation surprises and full passage of U.S. spending bills could challenge that market stability, they add, but that’s “a limited risk” at this stage. Parsing differing arguments on measuring sovereign debt sustainability, the effects of high debt on growth, possible tipping points and debt dynamics of ageing societies, the piece concluded with pretty stark warnings about the trajectory. “This ‘low interest rate/high public debt’ equilibrium is fragile, as it crucially hinges on a continuation of low inflation,” wrote Deutsche economist Sebastian Becker.
Persons: Michael Oliver, Lars Baron, stokes, what’s, , busily, Christian Keller, Akash Utsav, , that’s, PIMCO’s Tiffany Wilding, Andrew Balls, Sebastian Becker Organizations: Soccer Football, Saint Petersburg, REUTERS, European, Barclays, JPMorgan, Deutsche Bank, Deutsche, Reuters Locations: Sweden, Poland, Saint Petersburg, Russia, hove, Britain, Cornwall, CORNWALL, U.S, United States, France, Italy, Germany
COLUMN-Only half time in public debt match: Mike Dolan
  + stars: | 2021-06-25 | by ( Mike Dolan | ) www.reuters.com + 0.00   time to read: +6 min
But it ups the ante on public debt even further. If additional debt-financed spending can lift economic potential without stoking inflation, decades of trepidation over unchecked public debt loads moving from crisis to crisis may well have been wide of the mark and a different regime of high but manageable public debt at hand. Persistently high inflation surprises and full passage of U.S. spending bills could challenge that market stability, they add, but that’s “a limited risk” at this stage. Parsing differing arguments on measuring sovereign debt sustainability, the effects of high debt on growth, possible tipping points and debt dynamics of ageing societies, the piece concluded with pretty stark warnings about the trajectory. “This ‘low interest rate/high public debt’ equilibrium is fragile, as it crucially hinges on a continuation of low inflation,” wrote Deutsche economist Sebastian Becker.
Persons: stokes, what’s, , busily, Christian Keller, Akash Utsav, , that’s, PIMCO’s Tiffany Wilding, Andrew Balls, Sebastian Becker Organizations: Reuters, LONDON, European, Barclays, JPMorgan, Deutsche Bank, Deutsche Locations: hove, Britain, Cornwall, CORNWALL, U.S, United States, France, Italy, Germany
Football fans watch UEFA Euro 2020 Championship Group A match between Wales and Switzerland at a pub on June 12, 2021 in Shanghai, China. The month-long Euro 2020 soccer tournament, which began June 11, was postponed from last year due to the pandemic. In 2018, Alipay agreed to an eight-year partnership that included Euro 2020 and Euro 2024. For Euro 2020, Alipay's deal includes displaying English and Chinese-language versions of its subsidiaries. China's fan baseAnother Chinese company looking to profit from the tournament is iQiyi, which acquired the online live streaming rights for Euro 2020.
Persons: Chen Yuyu, Pierre Justo, Hisense, Alipay, Ant, Lingxiao Yu, Kantar's Justo, Douyin Organizations: UEFA, Visual China, Getty, Union of European Football Associations, Gazprom, Volkswagen, FedEx, Alibaba, Associated Press, Financial Times, CNBC, Volvo, Heineken, iQiyi, CCTV, Weibo, Twitter, ByteDance Locations: Wales, Switzerland, Shanghai, China, BEIJING, UEFA European, Europe, Qingdao, Shandong province, France, Germany, Spain, Russian, Brazil, TikTok
A growing population in Asia and booming consumerism in industrialised nations make most climate targets very difficult, if not impossible to achieve. read moreThe International Energy Agency, the steward of energy policies in industrialised nations, last month said the world should not develop new oil and gas fields to achieve net zero targets by 2050. But its head Fatih Birol said this week net zero targets were a pipe dream without global consumption patterns changing. So many governments are coming with net zero targets by 2050 and the same year CO2 emissions are growing and it will be the second largest increase in history". [ID:]Birol said the IEA has over 400 milestones of what needs to happen to achieve net zero targets by 2050 and 95% of those milestones should be driven by changes demand not supply.
Persons: Toby Melville, Fatih Birol, Birol, Joe Biden, Biden, Kelly Sims Gallagher, Sims Gallagher, incentivize, Rodolfo Lacy, Bernard Looney, Laila Kearney, Rod Nickel, Ron Bousso, Dmitry Zhdannikov, Richard Valdmanis Organizations: Heathrow Airport, REUTERS, Reuters Energy, International Energy Agency, Monetary Fund, U.S, The Fletcher, Reuters, Organisation for Economic Co, ENI, Energy, Thomson Locations: London, Britain, Asia, coronavirus, France, United States, China, Europe, New York, WINNIPEG , Manitoba
After U.S. President Joe Biden met Russian President Vladimir Putin in Geneva on June 16, French President Emmanuel Macron said the first EU summit with Putin since January 2014 would be "a dialogue to defend our interests". But after late night talks at their meeting in Brussels, the 27 EU leaders failed to reach an agreement, German Chancellor Angela Merkel said early on Friday. EU summits with Russia ended after Moscow annexed Ukraine's Crimea peninsula in March 2014 and the West imposed sanctions. France and Germany want to be able to work with Russia on combating climate change and to find ways to stabilise relations. The EU on Thursday imposed economic sanctions on Belarus, an ally of Russia that the Kremlin sees as a buffer state between Russia and NATO.
Persons: Ursula von der Leyen, Angela Merkel, Stefan Lofven, Klaus Werner Iohannis, Janez Jansa, Olivier Matthys, Vladimir Putin, Joe Biden, Emmanuel Macron, Sebastian Kurz, Gitanas Nauseda, Krisjanis Karins, Josep Borrell, Macron, Putin, Charles Michel, Merkel, Borrell, Lithuania's Nauseda, Sergei Lavrov, Robin Emmott, Gabriela Baczynska, Francesco Guarascio, Philip Blenkinsop, Thomas Escritt, Caroline Copley, Ekaterina Golubkova, Angus MacSwan, Philippa Fletcher, William Maclean, Raju Gopalakrishnan Organizations: Slovenia's, European, Union, U.S, Putin, Austria's, Franco, Latvia's, European Commission, Russia, EU, Diplomats, Britain, Kremlin, NATO, Russian, Thomson Locations: Swedish, Romanian, Brussels, Belgium, France, Germany, Poland, Russia, BRUSSELS, Baltic, Geneva, Moscow, Ukraine's Crimea, Lithuanian, Ukraine, Russian, United States, standoffs, Belarus, EU, Baltics, Berlin
Europe’s leaders disagree on Russia talks despite Biden-Putin meeting
  + stars: | 2021-06-25 | by ( Silvia Amaro | ) www.cnbc.com sentiment -0.99   time to read: +1 min
Angela Merkel, Germanys chancellor, speaks with journalists as she departs a EU leaders meeting in Brussels, Belgium, on Friday, June, 25, 2021. LONDON — France and Germany's plans to restart talks with Russia have failed, as a number of other EU leaders remain skeptical about re-engaging with the Kremlin. Now, the German and French leaders would like to follow suit. Speaking on Thursday, French President Emmanuel Macron said the idea was not to offer concessions to Moscow, but simply to have a dialogue. The 27 EU leaders need to unanimously agree on restarting talks with Russia for such a meeting to take place.
Persons: Angela Merkel, Germanys, Joe Biden, Vladimir Putin, Emmanuel Macron, Gitanas Nauseda, Putin Organizations: LONDON —, Kremlin . U.S, Baltic Nations Locations: Brussels, Belgium, LONDON — France, Russia, Moscow, Lithuania
A refresher: Hunter Biden came under intense scrutiny during the 2020 campaign over everything from his business dealings to his struggles with substance abuse. ": A bipartisan group of 21 senators and President Joe Biden reached a major breakthrough in negotiations for an infrastructure bill. "There ain't going to be an infrastructure bill unless we have the reconciliation bill passed by the United States Senate," House Speaker Nancy Pelosi said Thursday. Biden, too, said of the infrastructure bill: "If this is the only thing that comes to me, I'm not signing it." "Big crowds in the Great State of Ohio this weekend for the Trump rally," Trump wrote in a Wednesday night statement about his planned Saturday rally outside Cleveland.
Persons: Grace Panetta, Brent Griffiths, Jordan Erb, Kamala Harris, Hunter Biden, Hunter's, They'd, Hillary, Pence, Mike Pence, Donald Trump, Ronald Reagan, Tom LoBianco, Joe Biden, Nancy Pelosi, Biden, I'm, Joe Raedle, Rudy Giuliani, Giuliani, It's, Trump, Cindy McCain, McCain, Republican Sen, John McCain, , Brian Dunhill, expats, , Anthony Bourdain, Brent Organizations: I'm, Twitter, GOP, HUNTER, DOJ, Republicans, Trump, Ronald, Hardcore Trump, United States Senate, FEMA, New York, FBI, Cleveland, ambassadorship, Senate, Republican, UN's Agencies, Food, Agriculture, , France, Yorker, Midwest, New Yorker Locations: Mexico, Delaware, Benghazi, Surfside , Florida, Florida, Miami, York, Great State of Ohio, Tulsa, Arizona, France, US, New, Vietnam
'No such thing' as EU unity when it comes to Russia: Chatham House
  + stars: | 2021-06-25 | by ( ) www.cnbc.com sentiment -0.99   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'No such thing' as EU unity when it comes to Russia: Chatham HouseKeir Giles of Chatham House believes that "nothing here has really changed" when it comes to EU-Russia relations, despite the push for an EU summit with Putin by France and Germany.
Persons: Keir Giles, Chatham Organizations: Chatham, Chatham House, Putin Locations: Russia, EU, France, Germany
Why Wall Street loves Joe Manchin right now
  + stars: | 2021-06-25 | by ( Julia Horowitz | Cnn Business | ) edition.cnn.com + 0.00   time to read: +7 min
Those words, from President Joe Biden on infrastructure spending, were enough to trigger a Wall Street celebration . "Infrastructure spending strengthens an already very strong economic growth outlook," said Jeff Buchbinder, equity strategist for LPL Financial. Victoria's Secret has made a huge pivot. Although marketing trends changed, Victoria's Secret mostly stuck to the same playbook that helped it dominate the industry for years: push-up bras and scantily-clad celebrity models known as its "Angels." But Victoria's Secret seems to be on a much better track.
Persons: Joe Biden, Stocks, Biden, Mitt Romney, Joe Manchin —, Jeff Buchbinder, Jeffrey Sacks, Arnold Donald, Long, Janine Stichter, Nathaniel Meyersohn, Megan Rapinoe, Priyanka Chopra Jonas, Paloma Elsesser, Stichter Organizations: CNN Business, Bell, CNN, Republican, Democratic, White, Dow, Nasdaq, LPL, Citi Private Bank, Biden, P Global, US Centers for Disease, British Airways, IAG, Jefferies, L, Brands Locations: London, Europe, East, Africa, United Kingdom, France, Spain, Italy, tatters
India's IT minister slams Twitter for denying access to account
  + stars: | 2021-06-25 | by ( ) www.reuters.com sentiment -1.00   time to read: +2 min
NEW DELHI, June 25 (Reuters) - India's technology minister slammed Twitter on Friday for denying access to his account for almost an hour amid growing tensions between the U.S. company and Prime Minister Narendra Modi's administration over compliance with new IT rules. Ravi Shankar Prasad said in a thread on Koo, a home-grown rival to Twitter, that the company had denied access on the grounds he had violated the U.S. Digital Millennium Copyright Act (DMCA), subsequently restoring access. Prasad said Twitter had violated India's new IT rules, which became effective in May and mandate that an intermediary or a host of user content must inform a user of the grounds for its action. The dispute over the minister's account comes as India's federal government and Twitter are wrangling over non-compliance with the new IT rules. read morePrasad has previously criticised Twitter over the viral video, saying its failure to act was "perplexing".
Persons: Narendra Modi's, Ravi Shankar Prasad, Prasad, Twitter, Twitter's, Manish, Sankalp, Frances Kerry Organizations: U.S ., Twitter, U.S, Digital, Copyright, Thomson Locations: DELHI, Twitter's India
In this week's edition of Insider Life, we're delivering our top stories spanning travel, real estate, style, and more. We'll be going over vacations to outer space, the best retirement destinations, and a luxury shopping experience in Paris. Newsletter Sign up for the Insider Life newsletter for the best of real estate, fitness, food, travel and style. Space PerspectiveForget earthbound vacations — the next big thing is space tourism. Check out four companies leading the charge in space vacations.
Persons: Simon McLaren, Uber, , Alexi Rosenfeld, Keith McNally, Pastis, Balthazar, Dennis Lane, Hallie Geller, Andrew Warren, Kris Jenner, Warren, who's, influencer, Eva Katalin, Brian Dunhill, Louis Vuitton, Givenchy —, Ana DeLuca, Cristiano Ronaldo, PwC Organizations: Service, Blade, CollXab, France, Nike, Burberry, Chefs Locations: Paris, York City, York, France
This week, Bumble became the latest company to have a company-wide holiday to help employees recover from burnout. 'Mental well-being differs for everyone. Bumble's company-wide holiday coincides with World Well-being Week, and while cynics may question the timing of the break, a focus on staff well-being should always be welcomed. Burnout is real, and the consequences of cognitive and emotional overload are reflected in employees' mental health. Mental well-being differs for everyone and isn't an issue just one week of the year.
Persons: Whitney Wolfe Herd, Wolfe Herd, Bumble, Whitney Wolfe, Clare O'Connor, Teuila Hanson, LinkedIn's, Alejandra Sarmiento, cynics, Amanda Augustine, it's, Nate Kimmons, we've, There's Organizations: Independent, LinkedIn, CNN, Staff Locations: Soke, London, France, Germany, Slovakia, Natesgiving
Google delays Chrome's blocking of tracking cookies to late 2023
  + stars: | 2021-06-24 | by ( Paresh Dave | ) www.reuters.com sentiment -1.00   time to read: +2 min
REUTERS/Charles PlatiauJune 24 (Reuters) - Google's Chrome web browser will not fully block tracking cookies until late 2023, the Alphabet Inc (GOOGL.O) company said on Thursday, delaying by nearly two years a move that has drawn antitrust concerns from competitors and regulators. Google had wanted to bar reams of ad-personalization companies from gathering users' browsing interests through cookies from January 2022. After an investigation, Britain's Competition and Markets Authority (CMA) agreed this month with Google to oversee the Chrome changes. read moreGoogle is working with the ad industry on technologies that could replace the tracking capabilities of cookies while better protecting online privacy. It now aims to choose new techniques by late next year, do final testing and then gradually phase out tracking cookies starting mid-2023 if CMA signs off.
Persons: Charles Platiau, Vinay Goel, Chrome, Paresh Dave, Richard Pullin Organizations: Google, Viva Tech, REUTERS, Alphabet Inc, Markets Authority, CMA, U.S . Department of Justice, Reuters, YouTube, Apple, Thomson Locations: Paris, France, European, United States, Europe
European leaders reacted warily Thursday to a proposal from Germany and France to meet with Russian President Vladimir Putin, following President Biden’s summit with him last week. Facing skepticism, in particular from countries that border Russia, French President Emmanuel Macron and Germany Chancellor Angela Merkel defended their proposal as necessary diplomacy. “In my opinion, we as the European Union must also seek direct contact with Russia and the Russian president,” Ms. Merkel said in Parliament before flying to Brussels for a meeting with EU leaders. “It is not enough for U.S. President Joe Biden to talk to the Russian president. Some European leaders criticized the proposal, saying it could give the impression that Russian military and destabilization campaigns against its neighbors and the West were being overlooked.
Persons: Vladimir Putin, Biden’s, Emmanuel Macron, Angela Merkel, ” Ms, Merkel, Joe Biden, Organizations: European Union, EU, U.S Locations: Germany, France, Russia, European, Brussels, Russian
French court fines Natixis 7.5 million euros in sub-prime exposure case
  + stars: | 2021-06-24 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +1 min
FILE PHOTO: The logo of French bank Natixis is seen on one of their buildings in Paris, France, April 7, 2021. REUTERS/Gonzalo FuentesPARIS (Reuters) -A French criminal court on Thursday ordered investment bank Natixis to pay a 7.5 million euros ($8.95 million) fine after finding the lender guilty of misleading investors in 2007 on its financial strength related to its sub-prime exposure. The case centred on a statement published in November 2007 by the bank regarding its subprime exposure. Natixis said it was not misleading as it could not have anticipated how the crisis would later escalate. The French financial watchdog AMF also looked into whether Natixis misled investors during the 2007 sub-prime crisis but decided not to bring any charges against the bank.
Persons: Gonzalo Fuentes PARIS, Natixis, Adam Organizations: REUTERS, AMF Locations: Paris, France
Natixis fined 7.5 million euros in sub-prime exposure case
  + stars: | 2021-06-24 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +2 min
PARIS (Reuters) -A French criminal court on Thursday ordered investment bank Natixis to pay a 7.5 million euro ($8.95 million) fine after finding it guilty of misleading investors in 2007 on its financial strength related to its sub-prime exposure. FILE PHOTO: The logo of French bank Natixis is seen on one of their buildings in Paris, France, April 7, 2021. REUTERS/Gonzalo FuentesEric Dezeuze, a lawyer for the bank, said Natixis was lodging an appeal against the ruling as the bank denied any wrongdoing. The case centred on a statement published in November 2007 by the bank regarding its subprime exposure. The French financial watchdog AMF also looked into whether Natixis misled investors during the 2007 sub-prime crisis, but decided not to bring any charges against the bank.
Persons: Gonzalo Fuentes Eric Dezeuze, Natixis, “ Natixis, Dezeuze, ” Dezeuze, Adam Organizations: PARIS, REUTERS, AMF Locations: Paris, France
France's Natixis fined 7.5 million euros in sub-prime exposure case
  + stars: | 2021-06-24 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +2 min
PARIS (Reuters) - A French criminal court on Thursday fined investment bank Natixis 7.5 million euros ($8.95 million) after finding it guilty of misleading investors in 2007 on its financial strength related to its sub-prime exposure. FILE PHOTO: The logo of French bank Natixis is seen on one of their buildings in Paris, France, April 7, 2021. REUTERS/Gonzalo FuentesEric Dezeuze, a lawyer for the bank, said Natixis was lodging an appeal against the ruling as the bank denied any wrongdoing. The case centred on a statement published in November 2007 by the bank regarding its subprime exposure. The French financial watchdog AMF also looked into whether Natixis misled investors during the 2007 sub-prime crisis, but decided not to bring any charges against the bank.
Persons: Gonzalo Fuentes Eric Dezeuze, Natixis, “ Natixis, ” Dezeuze, Adam Organizations: PARIS, REUTERS, AMF Locations: Paris, France
SURFSIDE, Florida—A portion of a condo tower in this Miami-area beachfront town collapsed, killing at least one person, injuring at least 10 people and triggering a painstaking search for survivors in the rubble. About 55 units were affected, and the building was substantially full of occupants, the mayor said, citing his conversation with a building manager. Amy Beth Bennett/South Florida Sun-Sentinel/Associated Press 1 of 11 • • • • • 1 of 11 Show Caption The northeast section of the 136-unit Champlain Towers South building collapsed in Surfside, Fla., a town north of Miami Beach. Surfside is a town of 6,000 people nestled between the village of Bal Harbour to the north and Miami Beach to the south. Police tape blocked access to the collapsed condo building in Surfside, north of Miami Beach.
Persons: Charles Burkett, Ray Jadallah, Mr, Burkett, Amy Beth Bennett, David Downey, Downey, hasn’t, Eliana, Ms, Salzhauer, , Daniella Levine Cava, Morgan Weisberg, Surfside, chandan khanna, Jon Kamp, Valerie Bauerlein, Elizabeth Bernstein, Arian Campo, Flores, flores Organizations: Dade, Officials, South Florida Sun, Sentinel, Associated, Associated Press Rescuers, Authorities, Dade Fire, CNN, International Association of Fire Chiefs, Indiana University, Miami Beach, Police, Agence France Locations: SURFSIDE, Florida, Miami, Champlain, Miami Beach, Surfside, Fla, South Florida, United States, Dade County, Bal Harbour, Collins, elizabeth.bernstein, arian.campo
Volkswagen considering buying majority stake in Europcar
  + stars: | 2021-06-24 | by ( ) www.reuters.com sentiment -1.00   time to read: +2 min
The logo of car rental company Europcar is seen outside Paris Charles de Gaulle airport in Roissy-en-France during the outbreak of the coronavirus disease (COVID-19) in France May 19, 2020. REUTERS/Charles PlatiauBERLIN, June 24 (Reuters) - Germany's Volkswagen (VOWG_p.DE) confirmed on Thursday it is considering acquiring a majority stake in car rental company Europcar (EUCAR.PA) as it seeks to tap into the trend for consumers to rent rather than own a vehicle. The car rental business has taken a heavy hit from the coronavirus pandemic given the collapse of the travel market. Company sources have suggested that Volkswagen could use Europcar's network of rental stations to help it become a broader provider of different mobility options. Bloomberg news agency had already reported that Europcar had rejected a $2.6 billion takeover bid from Volkswagen.
Persons: Paris Charles de, Charles Platiau BERLIN, Attestor, Eurazeo, Europcar, Emma Thomasson, Caroline Copley Organizations: REUTERS, Volkswagen, Pon Holdings, Reuters, VW, Bloomberg, Thomson Locations: Paris, Paris Charles de Gaulle, Roissy, France
MORNING BID-Weighing in on the T-debate
  + stars: | 2021-06-24 | by ( Reuters Staff | ) www.reuters.com sentiment -0.95   time to read: +2 min
Post-Fed market action hasn’t exactly been straightforward and one week after the bank kicked off tapering talk and signalled a 2023 rate hike investors are still trying to make full sense of it. So while investors assess Fed’s policy shift, the focus today moves to the Bank of England with the pound holding below a two-year high hit earlier this month. Finally Germany’s IFO will also be eyed for more insight into the strength of business climate in Europe’s No.1 economy. In corporate news, private equity firm Blackstone has sweetened its buyout offer for St. Modwen Properties to 1.25 billion pounds. * U.S. data: May durable goods, Q1 GDP, Core PCE prices* Emerging markets: Philippines, Mexico rate decisions* U.S. 7-year note auction
Persons: Danilo Masoni ., policymaker, Andy Haldane, Germany’s, Panetta, Schnabel Organizations: Nasdaq, PMI, Equity, Bank of England, Blackstone, St Locations: Europe’s, Netherlands, Spain, Germany, France, Philippines, Mexico
International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a joint news conference at the end of the Summit on the Financing of African Economies in Paris, France May 18, 2021. IMF chief Kristalina Georgieva this month proposed the new trust to allow rich countries to channel some of their new IMF reserves to poor and middle-income counterparts ravaged by COVID or climate change. The Group of Seven (G7) wealthy nations alone will receive $283 billion of the overall $650 billion SDR allocation. The COVID crisis is expected to leave 47 of the 82 vulnerable countries with gross debt already above levels deemed sustainable. Additionally, nine of the 10 most climate-change vulnerable countries are also highly debt-vulnerable developing economies.
Persons: Kristalina Georgieva, Ludovic Marin, Kristalina, Lars Jensen, Jensen, Georgieva, Scott Morris, underscoring, SDRs, Marc Jones, Gerry Doyle Organizations: Monetary Fund, Resilience, IMF, United Nations Development Programme, UNDP, Growth, Center for Global Development, U.S . Treasury, Treasury, Reuters, Sustainability Trust, Thomson Locations: Paris, France, WASHINGTON, China, Venice, U.S
Roglic, meanwhile, beat his young compatriot at the Tour of the Basque country in their only head-to-head duel in a stage race this season, more than two months ago. While Pogacar has shown more individual brilliance than Thomas, Carapaz or Geoghegan Hart, he is likely to suffer if the British outfit try to attack him with several riders. "We won't win this tour by sitting on the wheels. We have the team to make it a racers' race, take the initiative, seize every opportunity and make our opposition focus for every kilometre of every stage," team manager Dave Brailsford said. With his climbing abilities, Ecuador's Carapaz could emerge as the team leader as the Tour progresses.
Persons: Richard Carapaz, Sergio Perez BREST, Pogacar, Roglic, Geraint Thomas, Tao Geoghegan Hart, Richie Porte, Thomas, Carapaz, Geoghegan Hart, Dave Brailsford, Ecuador's, Porte, Julian Alaphilippe of France, Dutchman Mathieu van der, Van der Poel, Raymond Poulidor, Chris Froome, Luz, du Tourmalet, Mark Cavendish, Julien Pretot, Hugh Lawson Organizations: Grenadiers, de France, Ineos, Giro, Reuters, Criterium, Thomson Locations: Madrid, Spain, France, Brest, Slovenia, Roglic, Basque, Brittany, British, Landerneau
After 'negative spiral', EU seeks new Russia strategy
  + stars: | 2021-06-24 | by ( Robin Emmott | ) www.reuters.com + 0.00   time to read: +3 min
European Union leaders attend a round table meeting on the second day of a face-to-face EU summit in Brussels, Belgium May 25, 2021. Since Russia annexed Ukraine's Crimea peninsula in 2014 and the EU froze summits with Putin, EU policy has zigzagged between imposing economic sanctions and allowing a new gas pipeline from Russia to Germany to reach completion. EU leaders are now expected to build on that paper to flesh out ways to both call out covert Russian action and work with Moscow on combating climate change. "Out of a confrontational of ideas comes understanding," a senior EU diplomat said in support of the EU strategy, although the envoy doubted a sudden improvement in trust. The EU will on Thursday or Friday publish details of economic sanctions on Belarus, an ally of Russia that the Kremlin sees as a buffer state between Russia and NATO.
Persons: Olivier Matthys, Vladimir Putin, Putin, Joe Biden's, Dmytro Kuleba, Emmanuel Macron, Robin Emmott, Angus MacSwan Organizations: Union, Russia, EU, European Commission, NATO, Thomson Locations: Brussels, Belgium, Russia, France, Germany, Turkey, COVID, BRUSSELS, Moscow, U.S, Geneva, Ukraine, Belarus, EU, Baltics, Ukrainian, Ukraine's Crimea, Russian, British, Crimea, Britain
(CNN) Britney Spears once declared Justin Timberlake her great love and on Wednesday he showed her love after she spoke out during her conservatorship hearing. Timberlake took to his verified Twitter account to say, "After what we saw today, we should all be supporting Britney at this time." The pair famously started dated when they were teens and confirmed they were a couple in 1999, having met as child stars when they were both part of the cast of "The All New Mickey Mouse Club." Their relationship was the stuff of pop music fairytales and much was made of their split in 2002. Spears would later marry and divorce dancer/rapper Kevin Federline with whom she shares two sons.
Persons: Britney Spears, Justin Timberlake, Timberlake, Spears, Kevin Federline, Read Organizations: CNN, Mouse
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