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☆ An artist reckons with the dangerous power of advertising and iconography
▼ + stars: | 2024-05-20 | by ( Abigail Glasgow | ) edition.cnn.com time to read: +8 min

The artist Hank Willis Thomas is pointing to one of the images: of two well-dressed, neatly coiffed men standing atop a cliff. "She's Somewhat of a Drag," a 1959 advertisement Thomas repurposed in his series "Unbranded: A Century of White Women." Across his work, Thomas reframes iconic and mundane imagery to connect viewers to historical moments of resistance and reshape our understanding of who counts in society. Here, a pro-football player appears to face off with an enslaved cotton picker, in Thomas' work "From Cain't See in the Mornin' Til Cain't See at Night." His body of work work reflects the observation — and, perhaps, a warning — that we have moved toward “existing in a society of branded consciousness."

Persons: Hank Willis Thomas, Thomas, Aaron Wessling, Jordan, “, Thomas ’, Drummond, —, ” Thomas, mascara, Jordan Schnitzer, ” Schnitzer, ” Thomas ’, Thomas reframes, Barack Obama, ”, “ I’ve, doesn’t Organizations: CNN, Art, White, White Women, Family, Cotton, Corporate America, Civil Rights, American Express Locations: ”, Oregon, United States, Gorée

Kendrell Lyles, 37, entered a guilty plea to murder just before jury selection was set to begin in his trial in the death of 22-year-old Muhlaysia Booker. Authorities haven’t publicly revealed a motive for her killing but have said it was unrelated to the earlier assault. Political Cartoons View All 1234 ImagesHere's what to know about Booker's killing:WHAT HAVE POLICE SAID? Booker's body was found the morning of May 18, 2019, on a Dallas street. Eventually, a group of women carried Booker's limp body to safety, and she was hospitalized with her injuries.

Persons: Kendrell Lyles, Booker, haven’t, Lyles, Richard Franklin, “, ” Franklin, Edward Thomas, BOOKER, Naomi Green, Green, ” Green, ” Booker, ”, Ahmad Goree, Muhlaysia Booker, Tori Cooper, ” Cooper, Leticia Grant, Kenneth Cichocki, Franklin Organizations: DALLAS, Dallas, U.S, Police, HOW, WHO, Abounding Prosperity, Muhlaysia, Muhlaysia Booker Foundation, Rights, Transgender Justice Initiative, Authorities Locations: Texas, Dallas, Black, Collin County

☆ Yellen touts battery investments in Tennessee after Biden speech
▼ + stars: | 2023-02-08 | by ( David Lawder | ) www.reuters.com time to read: +3 min

[1/2] U.S. Treasury Secretary Janet Yellen gives a speech after she visited the House of Slaves (Maison des Esclaves) at Goree Island off the coast of Dakar, Senegal January 21, 2023. "The Inflation Reduction Act is offering meaningful tax credits to spur clean energy investment and production. Importantly, the law deliberately encourages place-based investments," Yellen said in excerpts of remarks for delivery at the Ultium Cells plant. EUROPEAN COMPLAINTSBut European and Asian allies have complained that the Inflation Reduction Act's tax subsidies will pull green investments away from those regions toward the United States. Le Maire also said that U.S. rules on the tax credits, now being finalized by Yellen's staff, should be made available to a "maximum" of European components.

☆ Russia, South Africa and a 'redesigned global order': The Kremlin's hearts and minds machine is steaming ahead
▼ + stars: | 2023-01-26 | by ( Elliot Smith | ) www.cnbc.com time to read: +9 min

Russian Foreign Minister Sergei Lavrov visited Pretoria as part of an African tour, his second since the invasion, which will also reportedly take him to Botswana, Angola and Eswatini. On Feb. 24 2022, shortly after the Ukraine invasion, South Africa urged Russia to immediately withdraw its forces from Ukraine. South Africa was one of 15 African nations to abstain from the subsequent U.N. vote in March to condemn Russia's war of aggression. watch nowShe emphasized the multilateral responsibilities of the BRICS (Brazil, Russia, India, China and South Africa) bloc of leading emerging economies in a changing global landscape. White House Press Secretary Karine Jean-Pierre said Monday that "the United States has concerns about any country … exercising with Russia as Russia wages a brutal war against Ukraine."

☆ Visits to Zambia by Yellen, IMF reflect concern over stalled debt talks
▼ + stars: | 2023-01-23 | by ( Andrea Shalal | ) www.reuters.com time to read: +4 min

Frustrated by the delays, U.S. Treasury Secretary Janet Yellen and International Monetary Fund Managing Director Kristalina Georgieva arrived for separate visits in Zambia on Sunday. Both see a new sovereign debt roundtable - introduced late last year - as a way to make progress on long-stalled debt restructuring processes. Yellen told Reuters en route to Zambia she supported the roundtable as a forum for discussing general principles of debt relief. Yellen, however, noted rates were nowhere near those seen under Volcker and inflation was not out of control. "We're in a higher interest rate environment, and that's something that's linked to the strong dollar, and weaker currencies for many emerging markets, but also Japan and other countries," Yellen said.

☆ Yellen says critically important to restructure Zambia debt
▼ + stars: | 2023-01-23 | by ( Andrea Shalal | ) www.reuters.com time to read: +2 min

[1/2] U.S. Treasury Secretary Janet Yellen gives a speech after she visited the House of Slaves (Maison des Esclaves) at Goree Island off the coast of Dakar, Senegal January 21, 2023. REUTERS/Ngouda DioneLUSAKA, Jan 23 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Monday during a visit to Zambia that it was critically important to restructure Zambia's debt, and she believed progress could be made after her frank talks with key creditor China last week. Yellen added that Zambia's debt overhang was a drag on its whole economy and that China had been a barrier to reaching a resolution on the southern African country's debt problem. "I specifically raised the issue with Zambia (with Chinese officials) and asked for their cooperation in trying to reach a speedy resolution. She said it was also critically important for Zambia to address corruption and human rights, and create a business environment that would promote investments and trade.

☆ Yellen, at former slave port, sees path of renewal for Africa and U.S.
▼ + stars: | 2023-01-21 | by ( Andrea Shalal | ) www.reuters.com time to read: +2 min

REUTERS/Ngouda DioneGOREE ISLAND, Senegal, Jan 21 (Reuters) - U.S. Treasury Secretary Janet Yellen on Saturday spoke of the "unspeakable cruelty" and enduring consequences of the trans-Atlantic slave trade, but said she was heartened by signs of progress and renewal in both the United States and Africa. "Ultimately, Gorée Island reminds us that the histories of Africa and America are intimately connected," Yellen said after touring the island. Goree's mayor Augustin Senghor presented Yellen with a certificate appointing her as a lifetime ambassador of the island's history. "With remembrance, I believe, can come progress and renewal," Yellen said, highlighting what she called "signs of vibrant life around Gorée — a prominent art scene, a place of education, and thousands who call this place home." Reporting by Andrea Shalal; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

☆ Yellen says setting price caps on Russian refined oil products 'complicated'
▼ + stars: | 2023-01-21 | by ( Andrea Shalal | ) www.reuters.com time to read: +2 min

REUTERS/Ngouda DioneDAKAR, Jan 21 (Reuters) - Western countries are working to structure price caps on Russian refined petroleum products to ensure continued flow of Russian diesel, but the markets are complicated and there is a chance things do not go to plan, Treasury Secretary Janet Yellen said. Group of Seven countries and Australia implemented a price cap on Russian oil Dec. 5, banning the use of Western-supplied maritime insurance, finance and other services for cargoes priced above $60 per barrel. Yellen said setting the new price caps had proven "more complicated" than for crude, given the range of different refined products and price structures, and the importance of ensuring continued supplies of Russian diesel to the market. "It's more complicated, but we've been working hard to figure out how to achieve the same objectives," as with the broader cap on Russian crude, she said. While the first oil price cap only took effect on Dec. 5, it had proven successful thus far, Yellen said, citing a drop in the price that Russia was getting for crude oil.

☆ Yellen leads new U.S.-Africa policy with trip to Senegal, Zambia, South Africa
▼ + stars: | 2023-01-13 | by ( Andrea Shalal | ) www.reuters.com time to read: +4 min

"We believe that Africa's growth will be a key driver of global growth over the coming decades," a senior Treasury official told reporters. But some African countries, including Zambia, have soured on Chinese lending and are looking for alternatives, experts say. Yellen has criticized Beijing - now the world's largest creditor - for not moving quickly to restructure the debt of poor countries in Africa. The topic will be a key issue when she visits Zambia, the Treasury official said. Biden in December proposed that the African Union be included in the Group of 20 major economies to give African countries a bigger seat at the table.

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