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DUBAI, Sept 22 (Reuters) - Saudi Arabia’s sovereign wealth fund plans to announce soon its first green debt deal, with borrowing linked to sustainability, the Public Investment Fund’s governor told a virtual event. “We will be the first sovereign wealth fund in the world to announce this green issuance,” Governor Yasir al-Rumayyan told an event on Tuesday held alongside the United Nations General Assembly. This month, PIF hired banks to be members of its ESG panel for its medium-term capital-raising strategy, IFR News reported. PIF signed a $15 billion loan with a large group of banks in March, followed a $10 billion loan it took in 2019 that was repaid last year and an $11 billion facility in 2018. Saudi Arabia will announce its “Green Initiative” next month, followed by the “Middle East Initiative”, which includes planting 50 billion trees, Rumayyan said.
Persons: Yasir al, Rumayyan, PIF, ” Rumayyan, , Organizations: Public Investment, United Nations General Assembly, Reuters, BlackRock, Sea Development Company, Initiative ”, Initiative Locations: DUBAI, Saudi, Saudi Arabia, ESG
* China to stop building coal-fired power plants abroad* Xi’s announcement could impact 44 projects in Asia, Africa* China’s domestic coal power programme still expandingSHANGHAI/SINGAPORE, Sept 22 (Reuters) - China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said, although Beijing’s own domestic coal programme is still propping up the dirty fossil fuel. Beijing is the largest source of financing for coal power plants globally, and Xi’s announcement will have a far-reaching impact on coal power expansion plans in countries like Bangladesh, Indonesia, Vietnam and South Africa. China’s pledge followed similar moves by South Korea and Japan this year, turning off the taps of the last three major public financiers of overseas coal power plants. While Xi has promised to “strictly control” new domestic coal power capacity over the 2021-2025 period, the country will not begin to reduce coal consumption until 2026. “With the new direction set for overseas coal, China needs to work harder now on its domestic coal addiction,” said Li Shuo, senior climate advisor at Greenpeace.
Persons: Xi Jinping, , , Christine Shearer, “ We’ll, Joe Biden, Yan Qin, Xi, Li Shuo Organizations: United Nations General Assembly, United Nations, Global Energy Monitor, GEM, Reuters, Bank of, COP26, United, United Arab Emirates, Boston University Global Development, , Greenpeace Locations: China, Asia, Africa, SHANGHAI, SINGAPORE, Beijing, Bangladesh, Indonesia, Vietnam, South Africa, U.S, Bank of China, South Korea, Japan, Nations, Pakistan, Zimbabwe, Serbia, United Arab
ADNOC boosts size of drilling unit IPO to $1.1 billion
  + stars: | 2021-09-22 | by ( Reuters Staff | )   time to read: +1 min
DUBAI (Reuters) - State oil giant Abu Dhabi National Oil Co (ADNOC) has increased to 11% of share capital the size of the initial public offering (IPO) of its drilling unit, ADNOC Drilling, because of oversubscription, the firm said on Wednesday. FILE PHOTO: A general view of ADNOC headquarters in Abu Dhabi, United Arab Emirates May 29, 2019. REUTERS/Christopher Pike/File PhotoADNOC had previously targeted a minimum stake of 7.5% in the IPO of ADNOC Drilling, at 2.3 dirhams ($0.6262) per share. In a statement it said the price had not changed but the number of ordinary shares offered was raised to 1.76 billion from 1.2 billion, which would correspond to a $1.1 billion transaction, according to Reuters calculations. “The new offering size was determined by ADNOC, as the selling shareholder, based on significant investor demand and the considerable oversubscription across all tranches,” it said.
Persons: Christopher Pike, ADNOC, ” ADNOC, Baker Hughes Organizations: Reuters, Abu Dhabi National Oil Co, United, United Arab Emirates, REUTERS, ADNOC, United Arab Locations: DUBAI, Abu Dhabi, United Arab, United Arab Emirates, UAE
Kavak Chief Executive Carlos Garcia poses for a photo at used autos platform Kavak in Mexico City, Mexico, August 25, 2020. Founded nearly five years ago in Mexico, Kavak expanded to Argentina in 2020, before landing in Brazil this year, which it described as its largest market. The company will most likely focus next on expanding to emerging markets beyond Latin America, CEO Garcia told Reuters, noting that announcements could come within six months. Kavak says it now has 5,000 employees across Latin America. Chinese consumer habits closely resemble those in Latin America, Garcia said.
Persons: Carlos Garcia, Edgard Garrido, Kavak, Catalyst, Peter Thiel's, Japan's SoftBank, Garcia, Cassandra Garrison, Matthew Lewis Organizations: REUTERS, Reuters, U.S, SoftBank Group Corp, Fund, Sea Ltd, Tiger, Ribbit, Kavak, Global Inc, Thomson Locations: Mexico City, Mexico, MEXICO, America, Singapore, House, Argentina, Brazil, Latin America, United States, U.S
Coffee is largely produced in the Coffee Belt, located between the Tropic of Cancer and the Tropic of Capricorn, where countries such as Brazil, Colombia, Ethiopia and Vietnam have provided the best climate for coffee trees, which need constant heat to survive. Armstrong recently joined a group of farmers taking part in the largest-ever coffee growing endeavor in the United States. "It seems more logical to invest in new coffee varieties that could be grown in the same current geographies," he said. Rowland said researchers are planting coffee trees close to citrus, an intercropping technique used in other parts of the world as larger trees help hold winds and provide shade to coffee trees. That, in turn, could help in the selection of optimal coffee varieties for the region in the future.
Persons: Farmer David Armstrong, Armstrong, Jay Ruskey, Ruskey, Frinj, Smith Hobson, Giacomo Celi, Diane Rowland, Rowland, Alina Zare, Marcelo Teixeira, David Gaffen, Matthew Lewis Organizations: Reuters, FRINJ, REUTERS NEW, Central America, Tropic, Cancer, Frinj, Coffee, Starbucks Reserve, U.S ., United Nations Food, Agriculture Organization, Mercon Coffee, University of Florida, UF's College of Engineering, National Oceanic, Atmospheric Administration, New, Thomson Locations: Hobson, U.S, Ventura , California, Central, Los Angeles, Brazil, Colombia, Ethiopia, Vietnam, California, Florida, United States, Hawaii, CALIFORNIA, FLORIDA, Minas Gerais, New York
Founded nearly five years ago in Mexico, Kavak expanded to Argentina in 2020, before landing in Brazil this year, which it described as its largest market. The company will most likely focus next on expanding to emerging markets beyond Latin America, CEO Garcia told Reuters, noting that announcements could come within six months. Kavak says it now has 5,000 employees across Latin America. We’re starting to see this early trend in Latin America, we think it’s going to be a huge driver for Kavak in the next few months,” Garcia said. Chinese consumer habits closely resemble those in Latin America, Garcia said.
Persons: Carlos Garcia, Kavak, Catalyst, Peter Thiel’s, Japan's SoftBank, Garcia, , , ” Kavak, ” Garcia, Cassandra Garrison, Matthew Lewis Organizations: MEXICO CITY, Reuters, U.S, SoftBank Group Corp, Fund, Sea Ltd, Tiger, Ribbit, Kavak, Inc Locations: MEXICO, America, Mexico, Singapore, House, Argentina, Brazil, Latin America, United States, U.S
Solar panels are seen at the Desert Stateline project near Nipton, California, U.S. August 16, 2021. REUTERS/Bridget BennettSept 22 (Reuters) - A U.S. solar industry group warned on Wednesday that tariffs on imported panels from three Asian countries would jeopardize nearly 30% of the solar capacity the nation is expected to install over the next two years. "We cannot emphasize enough how damaging these tariffs would be to our companies and the entire American solar industry," said the letter signed by nearly 200 solar companies. The tariffs would jeopardize 18 gigawatts (GW) of solar projects by 2023, the SEIA said, enough to power about 3.4 million homes. SEIA for years has opposed tariffs on solar imports because those products have fueled the sector's growth.
Persons: Bridget Bennett, Gina Raimondo, Wood Mackenzie, Nichola Groom, Tom Hogue Organizations: REUTERS, Commerce Department, Solar Energy Industries Association, American, Manufacturers, Thomson Locations: Nipton , California, U.S, Malaysia, Vietnam, Thailand, United States, China
UNITED NATIONS — Chinese leader Xi Jinping said on Tuesday that China would not build new coal-fired power projects abroad, using his address at the United Nations General Assembly to add to pledges to deal with climate change. And I’m absolutely delighted to hear that President Xi has made this important decision," Kerry said in a statement. "It is clear the writing is on the wall for coal power. I welcome President Xi’s commitment to stop building new coal projects abroad — a key topic of my discussions during my visit to China," he said on Twitter. Xi spoke after U.S. President Joe Biden gave his first United Nations address.
Persons: Xi Jinping, Xi, António Guterres, John Kerry, Kerry, We’ve, Alok Sharma, Xi’s, Joe Biden, Biden, China's ascendance, Qilai Shen, Donald Trump, Justin Guay, Guterres Organizations: UNITED, United Nations General Assembly, NBC, United, Twitter, U.S, United Nations, Bloomberg, Getty, Sunrise, Congress Locations: China, Paris, South Korea, Japan, Glasgow, Scotland, Tongling, United States, Beijing
A staff member stands beside the Taiwanese Central Bank logo in Taipei, Taiwan February 26, 2018. In the second quarter, the economy expanded 7.43% from a year earlier, slowing from 8.92% growth in the first quarter but still better than many of its regional peers. Export-dependent Taiwan also faces uncertainty about the spread of the Delta variant in key markets like China, the United States and Europe. The central bank will give its own revised forecast for economic growth this year on Thursday, having predicted a 5.08% expansion at its last quarterly meeting in June, with exports performing strongly. Poll compiled by Carol Lee; Reporting by Liang-sa Loh and Ben Blanchard; Editing by Ana Nicolaci da CostaOur Standards: The Thomson Reuters Trust Principles.
Persons: Tyrone Siu, Tony Phoo, Biden, Carol Lee, Liang, sa Loh, Ben Blanchard, Ana Nicolaci da Organizations: Taiwanese Central Bank, REUTERS, Chartered's, Taiwan Semiconductor Manufacturing Co, Apple Inc, Thomson Locations: Taipei, Taiwan, TAIPEI, United, China, United States, Europe, Ana Nicolaci da Costa
The dollar index stood at 93.226 in early Asian trade, staying not far off Monday’s one-month high of 93.455. The euro changed hands at $1.1725, having stabilised at a one-month low of $1.1700 on Monday. The dollar traded at 109.165 yen, near the low end of its trading range since mid-August. Ahead of the onshore trading, the Chinese yuan was on the defensive at 6.4845 per dollar in the offshore trade, near one-month low of 6.4878 set on Monday. Elsewhere, the Canadian dollar stood little changed, having pared the gains made on Tuesday after Prime Minister Justin Trudeau’s Liberals won a tightly-contested election.
Persons: , Tohru Sasaki, JP Morgan, Evergrande, Powell, Morgan’s Sasaki, Justin Trudeau’s Organizations: The Bank of, JP, U.S . Federal Reserve, Canadian Locations: TOKYO, The Bank of Japan, U.S, United States
The Taliban's foreign minister has asked for the regime's envoy to speak at the UN General Assembly. He's contesting Afghanistan's seat, which has been given to the ambassador representing the former government. When the Taliban previously ruled Afghanistan, they were not given a seat by the UN. Both parties are jockeying to speak during Afghanistan's slated spot as the final speech of September 27, the last day of this year's General Assembly. Officials will now have to decide whether to accept the Taliban's request, or let Isaczai continue as Afghanistan's ambassador under UN protocol.
Persons: He's, Amir Khan Muttaqi, Antonio Guterres, Ghulam Isaczai, Afghanistan's, Ashraf Ghani Organizations: UN, Assembly, Service, United Nations General Assembly, Taliban, General, Reuters, Officials, Sierra, AP Locations: Afghanistan, New York, Russia, China, Sweden, Bahamas, Bhutan, Chile, Namibia, Sierra Leone
Gold inches higher ahead of Fed policy decision
  + stars: | 2021-09-22 | by ( )   time to read: +1 min
Canadian maple leafs sit on the faces of one ounce gold coins in London, the United Kingdom, on July 15, 2014. Gold prices edged up on Wednesday, ahead of the U.S. Federal Reserve's policy signals later in the day on reducing stimulus for the world's largest economy. Spot gold rose 0.2% to $1,777.68 per ounce by 0356 GMT, while U.S. gold futures were flat at $1,778.00. The U.S. central bank is also likely to provide an outlook on interest rate hikes from the current near zero level. An eventual interest rate hike would raise the opportunity cost of holding the non-interest bearing gold.
Persons: Ilya Spivak, Spivak, Stocks, China Evergrande, Silver Organizations: leafs, U.S, Fed, Holdings, SPDR, Trust Locations: London, United Kingdom, U.S . Federal, U.S, China
CANBERRA, Sept 22 (Reuters) - An Australian-EU trade deal would be mutually beneficial and allow EU members a greater presence in the Indo-Pacific, said Australia's trade minister, as Canberra tries to repair ties with Paris after the scrapping of a $40 billion submarine deal. In solidarity with France, EU lawmakers have publicly questioned whether a trade deal with Australia could be possible. Australia's Minister for Trade Dan Tehan on Wednesday urged the EU to progress ahead with a trade deal. Australia and the EU are set to hold the next round of talks on a trade deal on Oct 12. Morrison is in the United States to attend the quadrilateral security dialogue, made up of India, Japan, the United States and Australia - which convenes later this week.
Persons: Navy's Collins, Waller, Collins, Trade Dan Tehan, Tehan, Scott Morrison, Charles Michel, Morrison, Joe Biden, Emmanuel Macron, Colin Packham, Michael Perry Organizations: Royal, EU, Canberra, Paris, France's Naval Group, U.S, Trade, Wednesday, United Nations, Australia's, Thomson Locations: Sydney Harbour, CANBERRA, Australian, EU, Australia, France, United States, Canberra, Washington, New York, India, Japan
Migration police detain a person suspected of belonging to an international network for migrant trafficking, in La Cruz, Costa Rica July 30, 2019. The network handled migrants from Asian and African countries and to a lesser extent people from Cuba, Haiti and Venezuela, according to the Costa Rican security ministry. Panamanian authorities carried out 35 raids and 21 arrests, while on Costa Rican soil 15 operations were reported in border municipalities and another 21 people were captured. An investigation that lasted more than a year revealed that the organization charged each migrant $14,000 to $25,000 to take them to the United States, said Costa Rican Security Minister Michael Soto. In Panama, police agents also confiscated three vehicles and a boat used to transport migrants, the Public Ministry said in a statement.
Persons: Michael Soto, Alvaro Murillo, Elida Moreno, Drazen Jorgic, Stephen Coates Organizations: of Public Security, REUTERS SAN JOSE, PANAMA CITY, Costa, Costa Rican Security, Public Ministry, Thomson Locations: La Cruz, Costa Rica, PANAMA, Panama, United States, Cuba, Haiti, Venezuela, Costa Rican, San Jose, Panama City
Brazil's health minister tests positive for COVID-19 in NYC
  + stars: | 2021-09-22 | by ( )   time to read: +2 min
Brazil's Health Minister Marcelo Queiroga speaks during a ceremony at the Planalto Palace in Brasilia, Brazil, August 5, 2021. REUTERS/Adriano MachadoBRASILIA, Sept 21 (Reuters) - Brazil's Health Minister Marcelo Queiroga tested positive for COVID-19 hours after accompanying President Jair Bolsonaro to the United Nations General Assembly in New York on Tuesday, the government said. It added that the rest of the delegation tested negative for the virus. read moreThe health minister was the second member of the Brazilian delegation in New York to have tested positive. A young diplomat who was part of an advance team preparing Bolsonaro's visit tested positive on the weekend and was isolated.
Persons: Marcelo Queiroga, Adriano Machado BRASILIA, Jair Bolsonaro, Queiroga, Bolsonaro, Donald Trump, coronavirus, Trump, Anthony Boadle, Stephen Coates, Simon Cameron, Moore Organizations: Brazil's Health, REUTERS, United Nations General Assembly, CNN Brasil, COVID, Brazilian, Thomson Locations: Brasilia, Brazil, New York, United States, Lago, COVID
An employee works at a packaging line for chicken vaccine at Ringpu Biotech in Tianjin, China, September 8, 2021. The robot's Tianjin-based maker has received tax breaks and government-guaranteed loans to build products that modernise China's vast factory sector and advance its technological expertise. The share of strategic industries in Tianjin's factory output will also rise to 40%, Yin said, from 26.1% last year. Additionally, the trade war with the United States and Washington's tech curbs exposed China's lack of high-tech know-how, hardening Beijing's resolve to speed up innovation. 'SENSE OF CRISIS'Manufacturing's share of China's GDP fell to 26.2% in 2020 from 32.5% in 2006, while the services sector has lifted its contribution to 54.5% from 41.8%, according to the World Bank.
Persons: Tingshu Wang, Ren Zhiyong, Ren, Yin Jihui, outlays, Yin, ACHILLES, Hongbin, Fu Xubin, Xinquan, Kevin Yao, Sam Holmes Organizations: Ringpu Biotech, REUTERS, Tianjin Langyu, Reuters, Tianjin Industry, Information Technology Bureau, Sino, HSBC, World Bank, Officials, Reuters Graphics, China Institute, WTO Studies, University of International Business, Thomson Locations: Tianjin, China, TIANJIN, China's, U.S, United States, Beijing
Delta variant clouds developing Asia's growth outlook - ADB
  + stars: | 2021-09-22 | by ( )   time to read: +3 min
Growth in developing Asia, which groups 46 countries in the Asia-Pacific, is projected to reach 7.1% this year, the ADB said in an update to its Asia Development Outlook report, down from its 7.2% forecast in July and 7.3% in April. While seeing a slight downgrade, this year's growth estimate is a turnaround from the region's 0.1% contraction last year. For 2022, the ADB kept its 5.4% growth forecast for developing Asia. "Developing Asia remains vulnerable to the COVID-19 pandemic, as new variants spark outbreaks, leading to renewed restrictions on mobility in some economies," ADB Acting Chief Economist Joseph Zveglich said in a statement. The ADB also maintained its growth outlook for India at 10.0% this year and 7.5% next year.
Persons: Wang, Joseph Zveglich, Abdul Abiad, Abiad, Zveglich, Karen Lema, Ed Davies Organizations: REUTERS, Asian Development Bank, ADB, Asia Development, European Union, HK, Thomson Locations: Tianjin, China, Wang MANILA, Asia, United States, India, Myanmar
However, these ambitions could be hit as a natural gas shortage on the continent drives prices higher. The front-month gas price at the Dutch TTF hub, a European benchmark, has risen more than 250% since the start of the year. Spain is not the only country to cap energy price increases, with France and Greece making similar moves. There is a wider problem, however: Some European leaders and lawmakers have blamed the EU for the energy price increases. Polish Prime Minister Mateusz Morawiecki, for instance, said earlier this month that "Polish power prices are tied to the EU's climate policies," according to Politico.
Persons: Jacob Kirkegaard, Henning Gloystein, Frans Timmermans, Gloystein, Mateusz Morawiecki, Kirkegaard Organizations: NurPhoto, Getty, European, European Commission, German Marshall Fund of, United, Eurasia Group, CNBC, EU, Politico, PGE SA, Bloomberg, European Court, Justice Locations: Neurath, Germany, Dutch, European, United States, Spain, Europe, France, Greece, Spanish, Glasgow, Bogatynia, Poland, Krakow
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf the U.S. can balance 'high-wire act' with China, it'll be positive for the world: UN analystAshish Pradhan of the International Crisis Group says U.S. President Joe Biden did his best in using the United Nations General Assembly as a platform to reset the tone in how the country is viewed around the world.
Persons: it'll, Ashish Pradhan, Joe Biden Organizations: Crisis Group, United Nations General Assembly Locations: U.S, China
The Genomic Map of Poland's concerns stem from questions over how Polish genomic data may be used that relate to national security, said Marek Figlerowicz, a Professor at the Institute of Bioorganic Chemistry at the Polish Academy of Sciences who steers the project. As the technology to sequence genetic data has advanced and become cheaper, Figlerowicz said, the mapping project plans to bring the remaining sequencing in-house. The project wants to ensure Poland has genomic "independence" so it can ensure data security. The European Union, which provided about 65% of the total funding for the Genomic Map, did not respond to a request for comment. BGI uses the pregnant women's genetic data for research into the traits of populations.
Persons: Kacper, Marek Figlerowicz, Figlerowicz, BGI, CEGC, Gene S.A, hasn't, Kirsty Needham, Sara Ledwith Organizations: REUTERS, China's BGI, Reuters, Institute of Bioorganic, Polish Academy of Sciences, U.S . National Security, Artificial Intelligence, Ministry of Foreign Affairs, Europe Genomics, Gene, European Union, Poland's Ministry of Education, Information Processing, People's Liberation Army, PLA, Thomson Locations: Warsaw, Poland, WARSAW, United States, Beijing, Bialystok, Europe, Poznan, CEGC, China, Sydney
“I just cry all the time because of my situation,” she said. On Thursday, Idaho state officials expanded “crisis standards of care” across the state, a standard that had been limited to the northern part of the state earlier in the month. With precious few available intensive-care beds, Idaho hospitals had largely stopped providing hernia surgeries or hip replacements before the new order. Now they are postponing cancer and heart surgeries, too, said Brian Whitlock, the chief executive of the Idaho Hospital Association. In Alaska, the state’s largest hospital, Providence Alaska Medical Center in Anchorage, has also begun rationing care as patients wait for hours to get to the emergency room and doctors scramble to find beds.
Persons: , ” Ms, Strong, Dave Jeppesen, Brian Whitlock, Matthias Merkel, emptively Organizations: Idaho Department of Health and Welfare, Idaho Hospital Association, Providence Alaska Medical Center, Oregon Health & Science University Locations: Georgia, United States, Idaho, Alaska, Providence Alaska, Anchorage, Portland
REUTERS/Mike Blake/File PhotoSept 21 (Reuters) - U.S. delivery firm FedEx Corp (FDX.N) posted a 7% drop in quarterly profit and cut its full-year forecast on Tuesday, after labor shortages crimped earnings, slowed packages and drove up costs ahead of the all-important holiday peak season. On the heels of the report, FedEx lowered its full-year forecast for earnings, excluding items, to $19.75 to $21.00 per share. FedEx previously forecast 2022 earnings per share, excluding items, of $20.50 to $21.50. Up-and-coming rival Inc (AMZN.O) is touting average pay of $18 per hour as it races to expand its own delivery network. At the market close on Tuesday, shares in FedEx were down 10% over the past six months, while UPS shares gained 19%.
Persons: Mike Blake, Raj Subramaniam, Subramaniam, Lisa Baertlein, Peter Cooney, Sonya Hepinstall Organizations: FedEx, REUTERS, FedEx Corp, Revenue, United Parcel Service Inc, Inc, UPS, Thomson Locations: Los Angeles , California, U.S, Memphis , Tennessee, Portland , Oregon, Los Angeles
(Adds background, quotes)NEW YORK, Sept 21 (Reuters) - Ecuador has no plans to issue new debt in the short term because it has plenty of resources available through International Monetary Fund financing, President Guillermo Lasso said on Tuesday. Lasso, a conservative ex-banker who took office in May, has pledged to halve the fiscal deficit here. He faces opposition from indigenous groups and social movements over cuts to fuel subsidies. His predecessor, Lenin Moreno, walked back a plan to raise fuel prices in 2019 in the face of massive protests. (Reporting by Rodrigo Campos in New York and Alexandra Valencia, Writing by Brian Ellsworth and Luc Cohen, Editing by Karishma Singh)
Persons: Guillermo Lasso, Lasso, ” Lasso, we’re, Lenin Moreno, Rodrigo Campos, Alexandra Valencia, Brian Ellsworth, Luc Cohen, Karishma Singh Organizations: International Monetary Fund, IMF, United Nations General Assembly Locations: Ecuador, New York
FILE PHOTO: An American Airlines Airbus A321-200 plane takes off from Los Angeles International airport (LAX) in Los Angeles, California, U.S. March 28, 2018. It took aim at American Airlines, the largest airline in the world, saying the alliance would cost consumers hundreds of millions of dollars. "Plain and simple: American Airlines and JetBlue's Northeast Alliance is anticompetitive." Shares of American Airlines closed down 2.8% at $19.76 while JetBlue was down 4.8% at $14.76. This is not a merger: American and JetBlue are – and will remain – independent airlines."
Persons: Mike Blake WASHINGTON, Trump, Rob Bonta, Robin Hayes, Hayes, Biden, Boston Logan, John F, Doug Parker, Parker, Diane Bartz, David Shepardson, Jon Stempel, Mark Porter, Steve Orlofsky, David Gregorio Our Organizations: American Airlines Airbus, Los Angeles International, REUTERS, U.S . Justice Department, American Airlines Group Inc, JetBlue Airways Corp, U.S . Transportation, American Airlines, JetBlue, DOJ, Justice Department, Kennedy, Newark Liberty, American, United Airlines, Delta Air Lines, of, The, America, US Airways, Thomson Locations: Los Angeles , California, U.S, Northeastern U.S, Boston, California, United States, LaGuardia, New York, Arizona , California, of Columbia , Florida , Massachusetts, Pennsylvania, Virginia, American, Washington
President Biden signaled Tuesday that his administration will address the situation at the southern border, where an estimated 15,000 Haitian migrants fleeing disaster have traveled seeking asylum. "We'll get it under control," Biden told reporters during his visit to the United Nations when he was asked about images from the border that have prompted outrage in recent days. Press Secretary Jen Psaki also told reporters on Tuesday that Biden was briefed about the emergency at the Del Rio bridge, where migrants have set up encampments. She said the president has also been briefed on what she called "horrific" footage and photos of the treatment of Haitian migrants by border patrol agents, which has prompted an internal investigation by the Department of Homeland Security. “[The president] believes that the footage, the footage and the photos, are horrific.
Persons: Biden, Jen Psaki, Alejandro Mayorkas, Mayorkas Organizations: United Nations, Department of Homeland Security, U.S . Border Patrol, Senate Homeland Security, Reuters, DHS, NBC News, ICE Locations: United, Del Rio, U.S, Haiti
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