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☆ Fact check: Trump falsely claims police turned away ‘thousands’ from Manhattan courthouse and that supporters ‘can’t get near’
▼ + stars: | 2024-04-24 | by ( Daniel Dale | Kate Sullivan | ) edition.cnn.com time to read: +4 min

Washington CNN —Former President Donald Trump is a famed exaggerator of the size of his crowds. For years, he has lied about how many supporters attended his presidential inauguration and numerous campaign rallies. The police have not turned away “thousands of people” from the courthouse during his trial; only a handful of Trump supporters have shown up to demonstrate near the building. Trump may have been suggesting that thousands would have been present if not for repressive security measures. Trump supporters are free to walk into not only the protest zone but also the courthouse itself, though they, like everyone else, have to observe decorum rules if they go inside.

Persons: Donald Trump, –, Trump, denigrate, ” Trump, it’s, George Conway, “, ” CNN’s Kara Scannell, Lauren del Valle, Jeremy Herb, Nicki Brown, Sabrina Souza, Joel Williams Organizations: Washington CNN, New York Times, Trump, CNN, Security, Police Locations: Manhattan, Lower Manhattan

☆ Promise of Eli Lilly's weight-loss drug for sleep apnea adds another reason to own the stock
▼ + stars: | 2024-04-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Eli Lilly said it plans to ask U.S. regulators to expand Zepbound's label to include obstructive sleep apnea, or OSA, later this year. Shares of Eli Lilly have ridden the GLP-1 craze to new heights over the past few years. The current standard of care for obstructive sleep apnea is positive airway pressure, or PAP, machines, which help keep patients' airways open while they sleep. Analysts projected obstructive sleep apnea revenue of $3 billion. An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.

Persons: Eli Lilly, Zepbound, it's, Mounjaro, Lilly, Jim Cramer, Jim, Eli Lilly YTD, Morgan Stanley, Jim Cramer's, Eli Lilly’s, Brendan Mcdermid Organizations: Novo Nordisk, GLP, OSA, Mayo, U.S, CNBC, Cleveland Clinic, National Council, Aging, Deutsche Bank, American Diabetes Association, Novo Nordisk's Ozempic, Bank of America Locations: U.S, Novo, New York City

DUBAI — One of the world's busiest airports temporarily halted operations as the United Arab Emirates experienced its heaviest rainfall on record. The airport said road blockages and flooding have prevented many passengers from reaching the airport for departing flights. Fly Dubai, a budget carrier owned by the government of Dubai, suspended all flights from the UAE hub until 10 a.m. local time on April 17, citing extreme weather. The UAE saw over 100 mm of rain, a 75 year record since the UAE began recording rainfall. It also advised people to take preventative measures to avoid property damage from heavy rain and hailstorms.

Organizations: United Arab Emirates, Dubai's, CNBC, Emirates, National, of Meteorology, Disaster Authority Locations: DUBAI, Dubai, UAE, Al Ain

☆ Here’s how the Israel-Iran conflict affects the oil market
▼ + stars: | 2024-04-15 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

Oil prices spiked Friday to levels not seen since October in anticipation of just such an escalation but on Monday were subdued. “It is the most significant chokepoint in the global oil market,” Richard Bronze, co-founder and analyst at data firm Energy Aspects, told CNN. A renewed crackdown would, however, “create upward pressure on global prices” at an inopportune moment, Tagliapietra said. A tight oil marketDespite Iran’s barrage of drones and missiles, the conflict had a relatively muted impact on the global oil market Monday. Oil prices have already risen sharply since hitting a low in early February.

Persons: London CNN —, Brent, Israel —, Simone Tagliapietra, ” Richard Bronze, Tagliapietra, Joe Biden’s, WTI, Russia — Organizations: London CNN, West Texas Intermediate, CNN, International Energy Agency, Hamas, Organization of, Petroleum, United Arab Emirates, Traders Locations: Israel, Iran, Syria, Paris, Gaza, Tehran, Hormuz ‘, Hormuz, Brussels, China, Strait, Saudi Arabia, Kuwait, United States, Ukraine, Washington, Damascus, OPEC, Russia, Brazil, Guyana, Canada

☆ Electrification could overwhelm energy grids. Startups are betting on AI to make sure that doesn't happen
▼ + stars: | 2024-03-25 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +10 min

Today's energy grids are unable to keep up with the intense demand being heaped upon them. Globally, energy projects struggle to overcome permitting hurdles. Making smart grids a realityData was transmitted across a national energy grid for the first time in 2016. Startups selling them are hoping to alleviate pressure from physical grid infrastructure and allow operators to do more with the infrastructure they have. Victoria McIvor, an advisor to energy startups who was formerly an investor at the European climatetech firm World Fund, imagines a future where energy tariffs dictate when energy-intensive appliances run.

Persons: Rajesh Swaminathan, it's, Andrés Dancausa, Dancausa, Swaminathan, Victoria McIvor, Timothy Barat, Barat, Duncan Turner, SOSV, Turner, McIvor Organizations: Infrastructure, Service, International Energy Agency, Paris, Investors, Khosla Ventures, US Department of Energy, Fund, Octopus Energy, Continuum Industries, Software Locations: Europe, Ukraine, Portuguese, Amsterdam, California, London, VCs, Scottish

☆ How an airplane toilet works at 40,000 feet: The extraordinary science behind everyday flying
▼ + stars: | 2024-03-09 | by ( Julia Buckley | ) edition.cnn.com time to read: +18 min

And most important of all, how does a toilet work at 40,000 feet? Matthias Balk/dpa/picture alliance/Getty ImagesUsing water to flush airplane toilets is a no go because of aircraft weight restrictions. When you press the flush button, a valve opens at the bottom of the toilet bowl, connecting it to a pipe below. Airplanes have never deliberately shot their toilet waste into the atmosphere, not even in the old days, says Jones. The onboard air circulation of today isn’t just about keeping healthy – it also controls how passengers feel, especially on longhaul flights.

Persons: Al St, Germain, who’s, James Kemper, Matthias Balk, biggie, ”, Nigel Jones, Jones, it’s, that’s, “, Martin Leissl, Nik Sennhauser, Jones –, bev, ” Kris Major, he’s, Don Buchman, – Buchman, Buchman, “ It’s, St Organizations: CNN, Delta, “, Kingston University, UK’s Royal Aeronautical Society, Airlines, JAL, Al Nippon Airways, Oman Air, Boeing, Airplanes, British Airways, Bloomberg, Getty, European Transport Workers ’ Federation Joint, Viasat, Netflix, Pilots, JetBlue, Germain . British Airways, US, American Airlines, Environmental Protection Agency, Airbus Locations: St, London, It’s, Japanese, Oman, Antarctica, London’s Heathrow, Europe, what’s, North America, New York City, Madrid, Rio de Janeiro, New York, Atlanta, Dallas, Chicago, Iberia, Southwest

☆ Farmers’ protests have erupted across Europe. Here’s why
▼ + stars: | 2024-02-03 | by ( Sophie Tanno | Chris Liakos | ) edition.cnn.com time to read: +10 min

This week, the farmers’ protests struck at the heart of the European Union, when they rolled into Brussels on Thursday as leaders held a major summit on Ukraine. The EU has waived quotas and duties on Ukrainian imports in light of Russia’s invasion of Ukraine. “In Germany, it was really focused on diesel, so starting to tax diesel for tractors. France this week announced a series of measures for farmers in light of the protests. This has already been seen in Germany, when the far-right Alternative for Germany (AfD) involved itself in the protests and expressed solidarity with the farmers.

Persons: ”, Sebastien Bozon, Kay Nietfeld, Hugo Auge, Chancellor Olaf Scholz’s, Dimitar Dilkoff, Emmanuel Mathé, “, we’re, Anger, Renaud Foucart, Sakis Mitrolidis, Stefano Guidi, Gabriel Attal, Attal, Ursula von Der Leyen, Rob Engelaar Organizations: CNN — Farmers, CNN, European Union, Toulouse, BFMTV, Getty Images Farmers, AP, Farmers, Getty, ” Farmers, EU, Lancaster University, Deal, Green, European Commission, French, Farmer, Citizen Locations: Europe, Paris, France, Italy, Spain, Romania, Poland, Greece, Germany, Portugal, Netherlands, Eastern Europe, EU, Brussels, Ukraine, Zandvliet, Meer, Lyon, Vesoul, AFP, Berlin, Thessaloniki, Spanish, Hamburg, Cologne, Bremen, Nuremberg, Munich, Eastern, Bulgaria, Yvelines, French, Noisy, Seine et Marne, England, Novara, Belgium, Arendonk, Dutch

☆ The Heart Surgery That Isn’t as Safe for Older Women
▼ + stars: | 2024-01-20 | by ( Paula Span | ) www.nytimes.com time to read: +1 min

Last Thanksgiving, Cynthia Mosson had been on her feet all day in her kitchen in Frankfort, Ind., preparing dinner for nine. She was nearly finished — the ham in the oven, the dressing made — when she suddenly felt the need to sit down. “I started hurting in my left shoulder,” said Ms. Mosson, 61. They said testing revealed serious blockages in all her coronary arteries and told her, “You’re going to need open-heart surgery,” Ms. Mosson recalled. When such patients head into an operating room, what happens next has a lot to do with their sex, a recent study in JAMA Surgery reported.

Persons: Cynthia Mosson, “, ”, Mosson, “ You’re, ” Ms Locations: Frankfort , Ind

Now, many are warning that the far-right Alternative for Germany (AfD) party is capitalizing on the chaos for its own political gain. Sean Gallup/Getty ImagesA tractor displays a banner with the logo of the far-right Alternative for Germany (AfD) party that reads: "Germany needs new elections!" “Supporting democratic protests like this against traffic light madness will continue to be a concern of our hearts,” one post reads. The traffic light will soon be standing all alone.”The “traffic light” is a reference to Scholz’s coalition government – an allusion to the colors of the Social Democratic Party (SPD), the Free Democratic Party (FDP) and the Greens it is comprised of. Far-right coup fantasiesGerman ministers and a domestic intelligence chief have warned how right-wing extremists could try to exploit the farmers’ protests.

Persons: Chancellor Olaf Scholz’s, Kirill Kudryavtsev, Sean Gallup, Martin, ” Steven, Björn Höcke, Scholz, Johannes Kiess, ” Kiess, Jens Schlueter, Kiess, Robert Habeck, ” “, ” Habeck, Kay Nietfeld, Stephan Kramer, –, ” Kramer, ”, Nadine Schmidt, Claudia Otto, Sophie Tanno Organizations: Germany CNN — Farmers, Farmers, Getty, Social Democratic Party, SPD, Free Democratic Party, Greens, Germany’s Office, Homeland, Deutsche, University of Leipzig, CNN, “, Ukraine, Tractors, CDU, CSU, Christian Democratic Union, Christian Social Locations: Berlin, Germany, Frankfurt, AFP, Brandenburg, Hamburg, Cologne, Bremen, Nuremberg, Munich, Rügen, Pomerania, Thuringia, Berlin ., Dresden, Saxony, Deutsche Bahn, Cottbus, Torgau, London

☆ Maker of Wegovy, Ozempic showers money on U.S. obesity doctors
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +23 min

Novo spent at least $25.8 million over the past decade on U.S. medical professionals to promote its two obesity drugs, Wegovy and Saxenda, the analysis found. Jastreboff has also worked on clinical trials of obesity drugs for Eli Lilly, which markets a Wegovy competitor. Some doctors said Novo’s payments exemplify how the flood of industry money can dominate decision-making about care and coverage. Government pharmacy officer Solaru said her agency concluded that the new obesity drugs could be cost-effective by preventing other weight-related diseases and boosting workplace productivity. In January, the personnel office told its health plans they must cover at least one GLP-1 obesity drug for 8 million workers, retirees and family members.

Persons: Lee Kaplan, Kaplan, ”, gastroenterologist, He’s, Novo, Donna Ryan, Ryan, “, ” Kaplan, ” Novo, Robert Lustig, “ I’m, Lustig, They’re, Ania, ” Jastreboff, Jastreboff, Eli Lilly, Lilly’s Zepbound, Lilly, ” Lilly, Novo’s, Ayana, Sanders, Arthur Kellermann, ” Kellermann, mouthpieces, ’ ”, “ I'm, Jamy Ard, Ard, Dele, ” Solaru, ” Ryan, Scott Kahan, Kahan, Solaru, Christine Gallagher, Wegovy, Rebekah Carl, Carl, Jen Wexler, gaunt, Wexler Organizations: Novo Nordisk, Dartmouth, Nutrition Institute, Massachusetts General Hospital, Harvard Medical School, Reuters, Cambridge, Obesity Society, U.S ., Management, Reuters . Pharmaceutical, ”, U.S, United, National Health Service, University of California, U.S . Food, Drug Administration, Doctors, Wegovy’s, BMI, Yale University’s Center, Weight Management, Wall Street, American Medical Association, Rutgers University’s School of Public Health, Affordable, . Pharmaceutical, Companies, Uniformed Services University of Health Sciences, Wake Forest University, Wake Forest Baptist Health Weight Management, Obesity, Pennington Biomedical Research, U.S . National Institutes of Health, Personnel Management, Coalition, STOP, George Washington University, Novo Locations: CAMBRIDGE, Massachusetts, Boston, U.S, Novo, Danish, United States, Louisiana, San Francisco, Wegovy, Pennington, Baton Rouge , Louisiana, Government, New Columbia , Pennsylvania, Florida

Jets free live streams as you recover from last night's belly stuffing and late-night shopping for Black Friday deals. We can also show you how to watch Thursday Night Football free live streams to keep up throughout the rest of the 2023 season. How to watch Dolphins vs. You can also catch the game from Amazon Prime Video apps on smartphones, tablets, smart TVs, streaming sticks, and gaming consoles. Watch Dolphins vs.

Persons: Zach Wilson, Charissa Thompson, Tony Gonzalez, Ryan Fitzpatrick, Richard Sherman, ExpressVPN, AWST Organizations: Dolphins, Jets, Black, Buffalo Bills, Miami, AFC East, Amazon, . Jets, Fox, Amazon Prime, Insiders, Prime, Friday, Apple, Watch Dolphins, Football, Seahawks, Cowboys, Patriots, Steelers, Chargers, Raiders, Rams, Browns Locations: Tua, New York, Miami

☆ Hungary Gets Ukrainian Truck Queues as Protests Clog Polish, Slovak Crossings
▼ + stars: | 2023-11-22 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

In Slovakia, the main border crossing with Ukraine was also blocked on Tuesday, although the country's haulers' union called it the action of a single truck. The group has still warned it could join Polish truckers in protest. The spillover of long border queues hit Hungary on Wednesday, with the main border crossing, Zahony, seeing long queues of trucks waiting to enter Ukraine. Polish truckers will also begin blocking the Medyka crossing together with farmers on Thursday, a protest organizer said. On Sunday, Ukrainian authorities said about 3,000 mostly Ukrainian trucks, including those carrying fuel and humanitarian aid, were stuck on the Polish side of the border.

Persons: haulers, Trucks, Dennik, Boldizsar Gyori, Jason Hovet, Bernadette Baum Organizations: Truckers, European Union, Authorities, Hungarian Tax, Customs Authority, EU Locations: BUDAPEST, Ukraine, Poland, Slovakia, Slovak, Hungarian

☆ Hungary gets Ukrainian truck queues as protests clog Polish, Slovak crossings
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

Persons: haulers, Trucks, Dennik, Boldizsar Gyori, Jason Hovet, Bernadette Baum Organizations: Truckers, European Union, Authorities, Hungarian Tax, Customs Authority, EU, Thomson Locations: BUDAPEST, Ukraine, Poland, Slovakia, Slovak, Hungarian

☆ Water beads: Lawmaker calls for national ban on children’s toy due to health risks
▼ + stars: | 2023-11-13 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +5 min

CNN —Government officials, public health professionals and concerned parents are calling on Congress to ban water beads, a children’s toy that they say poses significant health risks. Water beads are tiny balls made out of extremely absorbent polymer material. Pall also emphasized that water beads have been responsible for 4,500 emergency room visits nationwide since 2017, and that these incidents have grown more frequent. Most recently, the Commission and company Buffalo Games recalled about 52,000 Chuckle & Roar Ultimate Water Beads Activity Kits in September. Hoehn-Saric said that, beyond the Commission’s recalls, the CPSC is investigating taking further action regarding potentially harmful chemicals in water beads.

Persons: Frank Pallone Jr, ”, Pallone, they’ve, “, Alex Hoehn, Saric, Harpreet Pall, Pall, ” William Wallace, Pallone’s, Ashley Haugen, ” Haugen Organizations: CNN — Government, Consumer Product Safety Commission, Target, Walmart, Amazon, CNN, Hackensack Meridian Health, Children’s, Consumer, Senate, Republicans, Commission, Buffalo Games Locations: New Jersey, Hackensack

Keep tabs on your fantasy team by tuning in with these free Broncos vs. Chiefs live streams. You can also watch Broncos vs. Chiefs for free online via Twitch. How to watch Broncos vs. Chiefs live streams from anywhereIf you're in the US, you can watch the Broncos vs. Chiefs game exclusively on Amazon Prime Video. Watch Broncos vs. Chiefs on Thursday Night Football. Here's a list of all upcoming Thursday Night Football games for the 2023 NFL season.

Persons: Russell Wilson, Taylor, Travis Kelce, Charissa Thompson, Tony Gonzalez, Ryan Fitzpatrick, Richard Sherman, ExpressVPN Organizations: Broncos, Chiefs, Denver Broncos, Kansas City Chiefs, Vikings, Amazon, Fox, Amazon Prime, Insiders, Prime, Apple, Watch Broncos, Thursday, Jaguars, Saints, Buccaneers, Bills, Titans, Steelers, Panthers, Bears, Bengals, Ravens, Football, Dolphins, Jets, Seahawks, Cowboys, Patriots, Chargers, Raiders, Rams, Browns Locations: San Francisco Bay, Denver

SYDNEY, Sept 29 (Reuters) - The blocking of three major deals by Australia's antitrust regulator in the past year was a coincidence, its chair told Reuters, pushing back against concerns among bankers that it has become deal-averse. "There happens to have been a sequence, frankly coincidentally as it turns out, of oppositions," ACCC Chair Gina Cass-Gottlieb said in an interview. There are some concerns that it could be blocked as Brookfield owns AusNet, a poles and wires asset in Victoria state. Cass-Gottlieb also said she doubted foreign investors have been dissuaded from pursuing deals in Australia which does not require companies to get formal clearance before proceeding with a takeover. "The recent stream of merger blockages will make foreign investors think twice."

Persons: Gina Cass, Gottlieb, Canada's Brookfield, Cass, Stephen Corones, Hannah Marshall, it's, Byron Kaye, Scott Murdoch, Edwina Gibbs Organizations: Australian Competition, Consumer Commission, Telstra, TPG, ANZ, Transurban, Origin Energy, Brookfield, FOCUS Cass, Investors, Queensland University of Technology, Cass, Marque Lawyers, Thomson Locations: Melbourne, AusNet, Victoria, Australia, Queensland

Keep tabs on your fantasy team by tuning in with these free Lions vs. Packers live streams. You can also watch Lions vs. Packers for free online via Twitch. How to watch Lions vs. Packers live streams from anywhereIf you're in the US, you can watch the Packers vs. Lions game exclusively on Amazon Prime Video. Watch Packers vs. Lions on Thursday Night Football. Here's a list of all upcoming Thursday Night Football games for the 2023 NFL season.

Persons: Aaron Rodgers, Jordan Love, Charissa Thompson, Tony Gonzalez, Ryan Fitzpatrick, Richard Sherman, ExpressVPN Organizations: Lions, Packers, Green Bay Packers, Chicago, NFC, Amazon, Fox, Amazon Prime, Insiders, Prime, Apple, Watch Packers, Broncos, Chiefs, Jaguars, Saints, Buccaneers, Bills, Titans, Steelers, Panthers, Bears, Bengals, Ravens, Football, Dolphins, Jets, Seahawks, Cowboys, Patriots, Chargers, Raiders, Rams, Browns Locations: Southeast Wisconsin, Detroit

(AP) — Kim Mulkey, the coach of defending national champion LSU, is publicizing that she had two stents put in a major artery this summer as she tries to promote screening for life-threatening arterial blockages. Mulkey had stents put in by catheter in late June and has fully resumed coaching activities, overseeing the first practice for the 2023-24 season, which was open to fans. “It’s not going to slow me down," Mulkey told The Advocate of Baton Rouge. "A lot of my issues were hereditary.”Last season's national title was Mulkey's fourth as a head coach — the first three coming at Baylor, where she coached from 2000 to 2021. Her record at LSU in two seasons combined is 50-8, with NCAA Tournament appearances both years.

Persons: — Kim Mulkey, “ It’s, Mulkey, —, Angel Reese, Hailey Van Lith Organizations: LSU, of Fame, Tigers, Baylor, Cardinals, AP, womens Locations: BATON ROUGE, La, Baton Rouge, Louisville

☆ What happens if you swallow gum — when it’s harmless and when you should worry
▼ + stars: | 2023-09-26 | by ( Sadie Andrew | ) edition.cnn.com time to read: +5 min

“It’s an old wives’ tale,” said Simon Travis, professor of clinical gastroenterology at the University of Oxford in the United Kingdom. “If you swallow chewing gum, it’ll go through the stomach, and go through into the intestine, and pass out unchanged at the other end,” Travis said. “There are cases of chewing gum lodging in the intestines of infants and even children if they’ve swallowed a lot, and then it causes an obstruction. “Chicle is a natural latex that comes from something called the Chico sapote tree, or sapodilla tree,” Mathews explained. When to worry about swallowing gumUnless you are in pain or have swallowed a lot of gum, Travis and Carroll said you don’t need to go to the doctor if you accidentally swallow a piece whole.

Persons: ”, Simon Travis, “, Travis, ” Travis, they’ve, I’ve, Dr, Aaron Carroll, Carroll, wouldn’t, Jennifer Mathews, William Wrigley, Mayans, Mathews, ” Mathews, ” Carroll, Leila Kia, ” Kia, Kia Organizations: CNN, University of Oxford, Indiana University, Trinity University, Central America, Northwestern University’s Feinberg School of Medicine, Kia Locations: United Kingdom, —, San Antonio , Texas, Americas, Mexico, Central, chico, Pima, United States, Chicago

Keep tabs on your fantasy team by tuning in with these free Giants vs. 49ers live streams. You can also watch 49ers vs. Giants for free online via Twitch. How to watch Giants vs. 49ers live streams from anywhereIf you're in the US, you can watch the Giants vs. 49ers game exclusively on Amazon Prime Video. Watch Giants vs. 49ers on Thursday Night Football. Here's a list of all upcoming Thursday Night Football games for the 2023 NFL season.

Persons: Daniel Jones, Jones, Brock Purdy's, hasn't, you'll, Charissa Thompson, Tony Gonzalez, Ryan Fitzpatrick, Richard Sherman, ExpressVPN Organizations: Giants, 49ers, New York Giants, Cowboys, San Francisco 49ers, Amazon, Fox, Amazon Prime, Insiders, Prime, Apple, Watch Giants, Lions, Packers, Broncos, Chiefs, Jaguars, Saints, Buccaneers, Bills, Titans, Steelers, Panthers, Bears, Bengals, Ravens, Football, Dolphins, Jets, Seahawks, Patriots, Chargers, Raiders, Rams, Browns Locations: New York, San Francisco Bay

☆ The Fed is ‘flying blind’ on the economy. Will this week’s jobs data help?
▼ + stars: | 2023-08-28 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

The Bureau of Labor Statistics kicks things off on Tuesday with the Job Openings and Labor Turnover Survey report for July. But the pace of job creation and demand by employers for flexible labor, temporary, contract and full time jobs, while still strong, has definitely slowed. Tell me about the ASA Staffing Index, which tracks weekly changes in temporary and contract employment. The ASA Staffing Index is a real-time snapshot of employment. So I think we may have seen a trough in terms of temporary employment and we could be seeing now the beginning of the upturn.

Persons: Bell, Richard Wahlquist, Jackson, Jerome Powell, Powell’s Jackson, we’ve, We’ve, they’ve, upticks, Alicia Wallace, ”, Janelle Griffith, Marsh, Brian Fung Organizations: CNN Business, Bell, New York CNN, Labor Statistics, Labor, ADP, Reserve, American Staffing Association, Fed, ASA, Panama Canal Authority, Amazon, Apple, Google, Meta, Microsoft, Companies Locations: New York, Jackson Hole , Wyoming, Panama, North American

☆ A severe drought is affecting the Panama Canal. That’s not a good sign for supply chains — or your holiday shopping
▼ + stars: | 2023-08-26 | by ( Alicia Wallace | ) edition.cnn.com time to read: +8 min

Just this week, the Panama Canal Authority extended those restrictions for at least another 10 months. Next shoe to dropBut from a transportation standpoint beyond Panama, the next shoe to drop could be the Mississippi River, Davis said. During the past 30 days, rainfall along the southern Mississippi River has been well below normal. And when you have two disruptions versus just one, that is magnified overall.”Holiday shopping hang-upsFor now, general waiting times have spiked at the Panama Canal. Supply chain shiftsHad this occurred before the pandemic lockdowns and the drastic swings in consumer spending patterns that mangled supply chains, it might have been a different story.

Persons: sandstorm, ”, Janelle Griffith, Marsh, Jon Davis, El, “, Davis, Evelyn Hockstein, Everstream, Ahmad Hassan, hasn’t, “ We’ve, ” Phillip Sanfield, Amanda Kwan, hadn’t, ” Kwan, plumb, Taylor Swift, Kamala Raman, you’ve, Peter Sand, Sand Organizations: Minneapolis CNN —, Panama Canal Authority, Getty, CNN, Port, Port Authority of New, National Retail Federation Locations: Minneapolis, Minneapolis CNN — Panama, Panama, Mississippi, Suez, North American, El, Central America, Grand Tower , Illinois, New Orleans, United States, Europe, Egyptian, Ismailiya, AFP, Panama Canal, Los Angeles, Port of Los Angeles, New York, Port Authority of New York, New Jersey, “

☆ G20 agrees to work on WTO reforms ahead of key meet early next year
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +1 min

[1/2] A man walks past a model of G20 logo outside the finance ministry in New Delhi, India, March 1, 2023. Under President Joe Biden, Washington has resisted calls by WTO members to approve appointments and has instead been leading negotiations on how to reboot the WTO's paralysed dispute mechanism. Proposed reforms would include having a well-functioning Dispute Settlement System accessible to all members by 2024, as per the statement. At the Rajasthan meeting, G20 members also agreed to improve WTO functioning and strengthen trust in the multilateral trading system. The G20 takes in countries conducting over 75% of global trade and is presently functioning under Indian presidency.

Persons: Anushree, Piyush Goyal, Donald Trump's, Joe Biden, Washington, Shivangi Acharya, Manoj Kumar, Mark Heinrich Our Organizations: REUTERS, DELHI, World Trade Organization, WTO, Thomson Locations: New Delhi, India, Abu Dhabi, Rajasthan

☆ Robin Hood tariff could curb airline emissions
▼ + stars: | 2023-07-24 | by ( Hugo Dixon | ) www.reuters.com time to read: +7 min

Nevertheless, aircraft are responsible for about 4% of global warming from carbon emissions and the vapour trails they leave behind in the sky. A more viable short-term option is to run planes on sustainable aviation fuels (SAF). The third option is to tax either the kerosene that airlines burn or the emissions they spew out into the atmosphere. So far only the EU, United Kingdom and some smaller countries are doing this via emissions trading schemes (ETS). To work, the plan would need to channel Robin Hood, the legendary English outlaw who stole from the rich to give to the poor.

Persons: Emmanuel Macron, Robin Hood, Peter Thal Larsen, Thomas Shum Organizations: Reuters, Aviation, Reuters Graphics Reuters, SAF, European Union, EU, Transport, FLYERS, International Civil Aviation Organisation, United Nations, ICAO, ETS, Airlines, Council, Clean Transportation, Thomson Locations: TINOS, GREECE, Europe, America, China, Greece, United Kingdom, United States

☆ Wheat prices jump after Russia pulls out of the Black Sea grain deal.
▼ + stars: | 2023-07-17 | by ( Liz Alderman | More About Liz Alderman | ) www.nytimes.com time to read: +1 min

The risk of a fresh uptick in global food inflation emerged Monday after President Vladimir V. Putin pulled Russia out of the Black Sea grain deal, sending wheat prices surging and exposing vulnerable countries in Africa and the global south in particular to the prospect of a new round of food insecurity. Chicago wheat futures, a barometer for global prices, jumped more than 4 percent as the Kremlin’s move once again jeopardized a key trade route to global markets for grain from Ukraine, one of the world’s major bread baskets. “It will hurt specific countries dependent on these exports,” Mr. Ash said. But beyond that, “it shows how weak Putin is after the Wagner coup: He is now desperate to take any bit of leverage he can.”The Black Sea Grain Initiative was struck a year ago to alleviate a global food crisis after Russia’s invasion of Ukraine, when Russia blocked ships from carrying the country’s grain out of its ports on the Black Sea. Those blockages swiftly sent grain prices soaring to record highs.

Persons: Vladimir V, Putin, Mr, Timothy Ash, Ash, Wagner, blockages Organizations: Wagner, BlueBay, Management, Initiative Locations: Russia, Africa, Ukraine, London, “

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