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Hedge funds added more exposure to financial and tech names in the last quarter, according to Morgan Stanley. Castagno highlighted that in the last quarter, hedge funds seemed to shift their portfolio allocations toward the information technology and financials sectors, moving away from health care. However, hedge funds still remain most overweight stocks within the health care, consumer discretionary and industrials industries. Hedge funds have recently increased their ownership shares in retailer Bath & Body Works by 2.5%. Wolfe Research upgraded shares of Alaska Air Group to outperform from peer perform last Friday.
Persons: Morgan Stanley, Todd Castagno, Castagno, A.J, — CNBC's Michael Bloom Organizations: Securities and Exchange, Universal Health Services, UBS, Body, JPMorgan, Airline, Alaska Air Group, Wolfe Research, TPG, DXC Technology, Avis Budget Group Locations: Rice, Bath, Coast
Bank of America reiterates Nvidia as buy Bank of America raised its price target on the stock to $1,320 per share from $1,100 following earnings. Deutsche Bank initiates Freshpet a buy Deutsche said it sees "multiple structural tailwinds" for shares of the pet food and health company. Deutsche Bank initiates BellRing Brands as buy Deutsche said it sees a long runway for growth for the food company. " Deutsche Bank initiates Legend Biotech as buy Deutsche said it's bullish on the biotech company's multiple myeloma drug Carvykti. Bank of America reiterates Super Micro Computer as buy Bank of America said Nvidia's earnings report on Wednesday bode well for companies like Super Micro.
Persons: Bernstein, Ford, Morgan Stanley downgrades NetEase, Morgan Stanley, Evercore, BRBR, Wedbush, Jefferies, GDRX, Oppenheimer, Armour, Kevin, Dell, Chubb, Stephens, FHN, Tesla, Argus, it's bullish, bode Organizations: " Bank of America, Nvidia, Bank of America, Deutsche Bank, Deutsche, BellRing Brands, JPMorgan, Hasbro, RBC, Norfolk Southern, NSC, GE Vernova, GE, UBS, Eastman Chemical, Eastman, SAP, underperform Bank of America, Berkshire Hathaway's, of America, Rockstar Games, NextEra Energy Partners, Argus, Wynn, Biotech, Computer Locations: U.S, China, Berkshire, Macau, Las Vegas, 2H24
Among the goals of his three-day state visit in October: securing another $1 billion in loans from China to help complete infrastructure projects. On Wednesday, when he arrived at Joint Base Andrews to begin another state visit – this time to Washington – he again found a red carpet and troops. Senior administration officials acknowledge a central factor in scheduling a state visit with Kenya was the desire to counter China’s influence and financial leverage on the African continent, which has outpaced the United States in direct investment. One of the goals of Thursday’s state visit is to demonstrate the ability of democracies – like Kenya’s – to deliver for their people. “I plan on going in February,” Biden told reporters.
Persons: Washington CNN —, William Ruto, Joint Base Andrews, Washington –, Jill Biden, Joe Biden, , Kenya –, , , Biden, Ruto, ” Ruto, he’s, João Manuel Gonçalves Lourenço, Jake Sullivan, ” Biden, Xi Jinping, Donald Trump –, ” Sullivan, Ariel Henry Organizations: Washington CNN, Kenyan, Joint Base, East, Kenya, NATO, Africa –, White, Initiative, Loans, Washington, World Bank, Group, European Union, Democratic, White House, Angolan, Advisers, CNN, Haitian Locations: Beijing, China, Africa, Kenya, United States, China’s, Nairobi, Mombasa, Boston, US, Angola, Democratic Republic of Congo, Zambia, Washington, East, Ukraine, , Russia, , combatting al, Shabab, Somalia, Yemen, Haiti
Read previewThe Chinese armed forces began conducting large-scale military exercises around Taiwan on Thursday, just days after the island's newly elected president Lai Ching-te took office. Taiwan's defense ministry posted a video condemning Chinese actions, as well as showing the various locations around it where Chinese forces are operating. The CCP’s military exercises, which highlight its hegemony mindset, have undermined regional peace and stability. An outdoor screen shows a news coverage of China's military drills around Taiwan, in Beijing on May 23, 2024. Taiwanese soldiers stand guard as flares are fired during a Taiwanese military live-fire drill, after Beijing increased its military exercises near Taiwan, in Pingtung, Taiwan, 6 September 2022.
Persons: , Lai Ching, It's Organizations: Service, Business, Coast Guard, Navy, ROC Armed Forces, 國防部 Ministry of National Defense Locations: Taiwan, China, Beijing, Taiwan's
CNN —Tensions are once again ratcheting up in the Taiwan Strait, with China launching military drills encircling Taiwan just days after the democracy swore in a new leader long loathed by Beijing. The Eastern Theater Command of the Chinese People’s Liberation Army (PLA) said it launched joint military drills involving the army, navy, air force and rocket force in areas around Taiwan early Thursday morning. The drills are being conducted in the Taiwan Strait – a narrow body of water separating the self-ruling island with mainland China – as well as north, south and east of Taiwan. The Chinese guided missile frigate Nantong, one of the vessels in the series of military drills around Taiwan. The defeated Nationalist Party fled to Taiwan, moving the seat of their Republic of China (ROC) government from the mainland to Taipei.
Persons: , Lai Ching, China’s, Xi Jinping, Li Xi, Lai, Wu Mei, Carlos Garcia Rawlins, Tsai Ing, Tsai –, Mike Gallagher Organizations: CNN, Communist Party, Eastern Theater Command, People’s Liberation Army, PLA, People's Liberation Army, Weibo, Taiwan’s Defense Ministry, Democratic Progressive Party, DPP, Chinese Communist Party, CCP, Nationalist Party, US, Communist, Beijing, Tuesday Locations: Taiwan, China, Beijing, Kinmen, Taipei, People’s Republic of China, Republic of China, Xi, Washington
The U.S. Department of Justice is suing to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust violations. "The DOJ's complaint attempts to portray Live Nation and Ticketmaster as the cause of fan frustration with the live entertainment industry. Live Nation and Ticketmaster merged in 2010, creating a dominant entity in the live event industry. Through Ticketmaster, Live Nation controls roughly 80% or more of major concert venues' primary ticketing for concerts, the complaint said. Live Nation earlier this month reported its "biggest Q1 ever," citing first-quarter revenue that was up 21% from the prior-year period.
Persons: Taylor, General Merrick Garland, Dan Wall, Taylor Swift Organizations: U.S . Department of Justice, Ticketmaster, DOJ, The Justice Department, Southern, of, Oak View, Nation, Live Locations: United States, North America, U.S, of New York
Unlike previous Iranian presidents, Raisi seemed content to serve as an empty vessel that carried out the reactionary policies of Supreme Leader Ali Khamenei, the final arbiter on policymaking. So, when foreign dignitaries from a whopping 68 countries gathered for Raisi’s funeral on Thursday, they may not have been preoccupied with thoughts of the late president. Iranians follow a truck carrying the coffins of the late President Ebrahim Raisi and his companions during a funeral ceremony in Tehran, Iran. “This (funeral) is a way for countries to show the progress they have made in repairing relations with Iran,” said Parsi. He could also decide to change tack, opening it up so that Iran’s next president enjoys broad popular support.
Persons: Ebrahim Raisi’s, Raisi, Ali Khamenei, Hassan Rouhani, Mahmoud Ahmadinejad –, Qassem Soleimani, Quincy Institute Trita Parsi, , Ismail Haniyeh, Ebrahim Raisi, Majid Saeedi, Donald Trump, , Khamenei, , ” Mohammad Ali Shabani, Amwaj.media, CNN’s Becky Anderson, that’s Organizations: CNN, Quincy Institute Trita, United Arab, Getty, Obama, country’s Guardian Council, Supreme Locations: East, Iran, ” Washington, Gaza, Tehran, Israel, Damascus, Turkey, India, China, Saudi Arabia, United Arab Emirates, UAE, Kuwait, Europe, Islamic Republic, country’s
America's power grid is old and stressed. The main problem: It takes way too long to build towering high-voltage power lines that carry electricity across state lines and to hook up new power to the grid. AdvertisementBut upgrading the power grid gets bogged down by several issues. A new rule issued by the Federal Energy Regulatory Commission this month is aimed at tackling some of the problems. If the US doesn't invest in regional transmission lines, customers will pay the price in the form of congestion and more life-threatening outages.
Persons: Brett White, Larry Gasteiger, Allison Clements, West Virginia —, Jeffrey Shields, PJM, Shields, Manu Asthana's, Asthana, Mark Christie, Neil Chatterjee, Chatterjee, Christine Powell, Chuck Schumer, Gasteiger Organizations: Service, Business, Energy, Princeton University, Federal Energy Regulatory, Democrat, Sierra Club, Republican, Department of Energy, DOE, FERC, Earthjustice's Clean Energy, University of Chicago, wouldn't Locations: Pine, States, Maryland, Pennsylvania, West Virginia, New Jersey, California
Another civilian was also killed during the shooting, which took place on May 15, the Kharkiv Regional Prosecutor’s Office said, as intense battles between Ukrainian and Russian forces for control of the border town continue. (Photo by Libkos/Getty Images) Libkos/Getty ImagesThe Russian military had opened fire on the evacuees from a five-story building, the husband told prosecutors. “She stayed in the wheelchair,” the man told prosecutors. The Kharkiv Regional Prosecutor’s Office is “taking measures for a comprehensive investigation” into the shooting of civilians in the border town, it said. Prosecutors say they are working with law enforcement agencies to identify Russian soldiers who have “committed atrocities” in the region.
Persons: Husband, , Organizations: Russian, Kharkiv Regional Prosecutor’s Office, Libkos, CNN, Russian Defense Ministry, Kharkiv Regional Prosecutor’s, Prosecutors Locations: Vovchansk, Kharkiv, Russia, ” VOVCHANSK, UKRAINE, Ukranian, Kharkiv Oblast, Ukraine, Ukrainian, Ukraine’s
Drew Angerer | Getty ImagesThis reported column is Part Two of Eamon Javers' two-part series on the new, conservative economic populism gaining ground among Republicans close to former President Donald Trump. In Part One, Javers introduces readers to the new, conservative economic populism gaining ground among Republicans close to former President Donald Trump. Senator Republican Marco Rubio gives a speech at the Conservative Political Action Conference (CPAC) in Orlando, Florida, February 25, 2022. Cass counts among his allies several well respected conservative economic thinkers. "It's economic policy that emerges not from good economics, but from politics and the culture war and what your base wants," he said.
Persons: Vance, Sen, Josh Hawley, Drew Angerer, Eamon Javers, Donald Trump, Javers, WASHINGTON —, Trump, Sohrab Ahmari, Ahmari, Donald Trump's, , We've, Oren Cass, , Marco Rubio, Tom Cotton, Republican Marco Rubio, Octavio Jones, Cass, Robert Lighthizer, Lighthizer, James Pethokoukis, Pethokoukis, Joe Biden —, Biden, Kahn, Lina Kahn, Lina Khan, Tom Williams Organizations: Republican, U.S, Senate, GOP, Wall Street Journal, Security, African American, Trump coalition, National Labor Relations, American, Conservative Political, Reuters, CNBC, United States Trade, Trump, American Enterprise Institute, Democratic, Big Tech, Biden's Federal Trade Commission, Financial Services, General Government, Federal Trade Commission, Cq, Inc, Getty Locations: Ohio, Cuyahoga Falls , Ohio, America, Washington, Ukraine, Vance ( Ohio, Fla, Mo, Washington . U.S, Orlando , Florida, Biden's, Rayburn
And as Modi looks to win another five years in power in an ongoing nationwide election, critics fear further erosion of the protections afforded to India’s free press. “I think many times before I write stories,” Kappan told CNN. Since his bail, Kappan has struggled to find a permanent job to provide for his family. Kumar told CNN he resigned because Adani’s proximity to Modi and the BJP would leave him unable to continue asking tough questions of the government. “They gave no reasons nor any justifications for why they denied my permit,” she told CNN from Paris.
Persons: Siddique Kappan, Narendra Modi’s, Modi, , ” Kappan, Kappan, , Kaushik Raj, Narendra Modi, Gareth Copley, Shakuntala Banaji, RSF, Kunal Majumder, NewsClick, Prabir Purkayastha, Banaji, Kanchan Gupta, Ravish Kumar, Kumar, Gautam Adani, Vishal Bhatnagar, Dinesh Joshi, Gupta, Avani Dias, Vanessa Dougnac, Dias, Gaurav Bhatia, Dougnac Organizations: New, New Delhi CNN, CNN, Getty, Modi’s Bharatiya Janata Party, BJP, ICC Men's Cricket, India, Journalists, London School of Economics, , Press, , Protect Journalists, Police, LSE, Ministry of Information, Broadcasting, Amnesty, New Delhi Television, NDTV, YouTube, Australian Broadcasting Corporation’s, Ministry of Home Affairs, India’s, Ministry, BBC Locations: New Delhi, India, Uttar Pradesh, Lucknow, AFP, Hathras, Paris, Ahmedabad, Pakistan, Sri Lanka, Nepal, Bangladesh, Delhi, Jaipur, Modi, Asia, Dougnac
European stocks are heading for a higher open Wednesday as regional markets continue to see-saw over the inflation outlook and trajectory of interest rates. Investors in the U.K. will be keeping a close eye on the latest U.K. inflation figures out Wednesday. Economists are forecasting a sharp fall in the April print, driven by lower household energy costs, that could take the headline rate close to, or even below, the Bank of England's 2% target.
Organizations: Bank of England's
CNN —China has launched two days of military drills surrounding Taiwan in what it called “punishment” for “separatist acts,” days after the self-ruling island swore in a new democratically elected leader. China’s ruling Communist Party says the self-ruling democracy is part of its territory, despite never having controlled it, and has vowed to take the island, by force if necessary. The Eastern Theater Command of the Chinese People’s Liberation Army (PLA) said it launched joint military drills involving the army, navy, air force and rocket force in areas around Taiwan at 7.45 a.m. on Thursday. The drills are being conducted in the Taiwan Strait – a narrow body of water separating the self-ruling island with mainland China – as well as north, south and east of Taiwan. It expressed regret to “such irrational provocations and actions that undermine regional peace and stability.”
Persons: Lai Ching, China’s, Li Xi, ” Lai, Lai Organizations: CNN, Communist Party, Eastern Theater Command, People’s Liberation Army, PLA, Democratic Progressive Party, Taiwan’s Defense Ministry Locations: China, Taiwan, Kinmen, Beijing
One familiar name stood out to US officials: the new acting foreign minister, Ali Bagheri Kani. Just last week in Oman, Kani was part of a delegation of senior Iranian officials that met indirectly with US officials, current and former officials said. In the wake of the death of so many of his top officials, US officials believe that Khamenei will work to ensure that replacements adhere to his hardline worldview. “It’s difficult to see there will be any major changes in the way Iran behaves on the world stage,” a senior administration official said. In talks with Iranian officials in Oman last week, US officials once again laid out for their counterparts the consequences of Iran’s destabilizing actions, behavior and policies, according to the senior administration official and a US official.
Persons: Ali Bagheri Kani, Kani, Biden, Ebrahim Raisi, Ali Khamenei, Raisi, Jonathan Panikoff, ” Khamenei, Khamenei, , Panikoff, , Ayatollah Ali Khamenei, Vahid, , Matt Miller Organizations: CNN, US, Supreme, Experts, Tehran ”, State Department Locations: Iran, United States, Oman, Gaza, Washington, Tehran, Israel, Kani
Alwy initiated coverage of Waste Management and Waste Connections with a buy rating on each. His $241 price target on Waste Management suggests 15.7% upside, and his $189 price target on Waste Connections implies the stock has roughly 14.4% to rise. This year, Waste Management shares are up 17.2%, while Waste Connections has added 11%. Waste Connections is planning to invest $150 million, most of which will be used for renewable natural gas, or RNG, projects, she said. With that price target, she expects shares could add 7.3%.
Persons: Alwy Organizations: Deutsche Bank, Waste Management, Waste, Services, Casella Waste Systems Locations: American, North America
CNN —A delegation of Kenyan “command staff” has arrived in Haiti, according to a law enforcement source in the country, ahead of the long-delayed arrival of a Kenyan-led multinational security support force in the Caribbean nation. Members of the delegation are also expected to meet with US and United Nations officials in the country, sources said. The UN Security Council last year authorized a multinational mission to support Haiti’s National Police in battling deadly gangs that have seized control of much of the capital Port-au-Prince. But despite strong support from the US and other regional powers, the mission has been mired in uncertainty and legal challenges for months. The council said Tuesday that it met with top Haitian police brass to discuss the multinational mission.
Persons: CNN —, , Ariel Henry, Korir Sing’Oei, Antony Blinken, , Price, Joe Biden, William Ruto, Rachel Ruto, CNN’s Michael Conte, Audry Jeong Organizations: CNN, Kenyan, US, United Nations, UN Security, Haiti’s National Police, Haitian, Haitian National Police, UN, Canada, Relations, White Locations: Haiti, Caribbean, Kenya, France, Spain, United States, Bahamas, Bangladesh, Barbados, Belize, Benin, Chad, Jamaica
CNN —Russian athletes have competed under several different guises throughout the 128-year history of the Olympics, and they will be known by another new name at Paris 2024. Antonin Thuillier/AFP/Getty ImagesHere’s everything you need to know about the participation of Russian and Belarusian athletes at the 2024 Olympics. “The sanctions against those responsible for the war, the Russian and Belarusian states and governments, remain in place for the Olympic Games Paris 2024,” the IOC said in a statement. “No flag, anthem, colors or any other identifications whatsoever of Russia or Belarus will be displayed at the Olympic Games Paris 2024 in any official venue or any official function,” the statement continues. Like all other athletes, AINs will need to meet anti-doping requirements to be considered for selection.
Persons: Ukraine –, Igor Kobzar, Antonin Thuillier, , AINs, Star Pau Gasol, Nicole Hoevertsz, Ryu Seung, Robert Michael, Russia –, Mariya Lasitskene, , Daniil Medvedev, , it’s, Russia ” Organizations: CNN, Olympics, Belarus –, International Olympic Committee, IOC, ATP, WTA, Russian Olympic, Getty, Games, Olympic Games, Star, Athletes ’ Commission, International, Russian Olympic Committee, Paris, Tokyo, Kyodo, ROC, “ Unified, , Soviet Union, Unified Locations: Ukraine, Belarus, Belarusian, Donetsk, Kherson, Luhansk, Zaporizhzhia, Paris, France, Russia, AFP, Russian, AIN, Tokyo, Beijing, China, , Moscow, Pyeongchang, South Korea, Barcelona, Soviet, Baltic, Lithuania, Latvia, Estonia
CNN —Even before Iran’s army chief Mohammad Bagheri ordered an investigation into the helicopter crash that cost the Islamic Republic the lives of two of its top politicians, blame was being laid at America’s door. People mourn the death of President Ebrahim Raisi and Foreign Minister Hossein Amir-Abdollahian in a helicopter crash the previous day, at Valiasr Square, on May 20, 2024 in Tehran, Iran. The next question might be, knowing the weather was bad and having three helicopters on the journey, why put both president and foreign minister in the same aircraft? Former Foreign Minister Zarif would want the world to believe Iran’s technological core has been hollowed out by US sanctions, but that allegation too is tainted by hubris. Iran’s presidents are not idle, they need to go places.
Persons: Mohammad Bagheri, Ebrahim Raisi, Javad Zarif acidly, Abdulkadir Uraloglu, Raisi –, Hossein Amir, Abdollahian, Malek Rahmati, Mohammed Ali Alehashem –, Ilham Aliyav, Majid Saeedi, Yemen’s Houthis, AKINCI, Ali Khamenei, , Russia –, Zarif, Raisi Organizations: CNN, Islamic, Bell, Turkish Transport, Revolutionary Guard Corps, Former Locations: Islamic Republic, America’s, United States, Iran, Vietnam, Azerbaijan, Tabriz, Tehran, Turkish, Russia, Ukraine, Turkey
CNN —Funeral ceremonies are set to begin on Tuesday for the late Iranian President Ebrahim Raisi following his death in a helicopter crash, as authorities probe what caused the aircraft to smash into the side of a remote mountainside during foggy weather on Sunday morning. A helicopter carrying Iran's President Ebrahim Raisi takes off on May 19, 2024, before the crash took place. There is no indication what might have caused the crash – and why so many senior Iranian government officials were traveling in a single, decades-old helicopter. A high-ranking delegation will go to the crash site in Eastern Azerbaijan, according to Iran’s Tasnim news agency. Inside Iran, where many of the country’s restive youth population have grown tired of rule by conservative clerics, Raisi had a much more polarizing legacy.
Persons: Ebrahim Raisi, Ayatollah Khamenei, Mohsen Mansouri, Ali Hamed Haghdoust, Mansouri, Reza, Khamenei, , , Abdulkadir Uraloglu, Uraloglu, Iran’s, , Ayatollah Khamenei —, Vladimir Putin, Xi Jinping, Kim Jong, Kim, Xi, Raisi’s, Azin, ” Xi, Putin, Russia, ” Raisi, Raisi Organizations: CNN, Wana News Agency, Reuters, Mehr, Iranian, Turkish Transportation, Infrastructure, TRT, Moj News Agency, AP, Kremlin, US Locations: Tabriz, Iran, Qom, Tehran, Mashhad, Turkey, Turkish, Eastern Azerbaijan, Israel, Korean, Saudi Arabia, Ukraine, China, North Korea, Russia, Iranian
YouTube YouTube TikTok TikTok TikTok TikTok YouTube Visual Investigations How a Haitian Gang Is Trying to Turn Itself Into a Militia Dozens of 5 Segonn members dance in a music video. It’s typically carried by militaries and hasn’t been seen being used before by the 5 Segonn gang. It’s typically carried by militaries and hasn’t been seen being used before by the 5 Segonn gang. A group of 5 Segonn gang members dressed in tactical gear. TikTok TikTok TikTok TikTok YouTube YouTube YouTube TikTok TikTok On social media, Izo often posts videos of himself dancing and drinking.
Persons: hasn’t, Jovenel Moïse, Ariel Henry, Johnson André, TikTok, Izo, They’ve, Gustavo Petro, Moïse’s, Dimitri Hérard, Hérard, Izo’s Organizations: YouTube YouTube, Kenyan, The New York Times, Gang, PORT, PRINCE, Prince Bay Gang, Prince, Global, Transnational, Rights, Human Rights Defence Network, Human Rights, Integrated, YouTube, of, Los Angeles Crips, Toyota, Haitian National Police, Haitian Army, Times, Associated, The Justice Department, State Department, Facebook Locations: Belgian, Haiti, Port, Dominican Republic, Prince Bay HAITI, PRINCE HAITI, U.S, America, Dieu, Izo’s, United States, Colombia, Haitian, South, Central America, Brazil, Latin America, Europe, Izo, Western
Heinrich XIII Prince Reuss, 72, is accused of leading the plot, which would have led to him becoming Germany’s head of state. Birgit Malsack-Winkemann, a former judge, attends the Frankfurt trial on Tuesday. The former lawmaker allegedly led co-defendants around the Reichstag parliament to scout the site for a coup plot. In addition to the five judges, two others will be on standby for the Frankfurt trial in the event of a long-term absence. Malsack-Winkemann, an ex-lawmaker for the far-right Alternative for Germany (AfD) party, allegedly led several co-defendants around the Reichstag building scouting the location.
Persons: Heinrich XIII Prince Reuss, Birgit Malsack, Frank, Walter Steinmeier, Kai Pfaffenbach, Maximilian Eder, Ruediger von Pescatore Organizations: CNN, Bundestag, Reuters, Frankfurt, Public Locations: Frankfurt, German, Stuttgart, Munich, Germany, Hesse
Rescue teams' vehicles are seen near the site of the incident of the helicopter carrying Iranian President Ebrahim Raisi in Varzaghan in northwestern Iran, on May 19. It has also brought a decades-long shadow war between Iran and Israel out into the open. But the proxy war continues with Iran-backed militias such as Hamas and Hezbollah continuing to fight Israel’s forces. The powers of Iran's president are ultimately dwarfed by those of Supreme Leader Ayatollah Ali Khamenei, who is the final arbiter of domestic and foreign affairs in the Islamic Republic. That means Iran's clerical establishment, headed by Khamenei, must now find a new leader they can throw their support behind against a backdrop of intense regional insecurity and domestic discontent.
Persons: Ebrahim Raisi, Azin, Israel —, Israel, Mahsa, Raisi, Ayatollah Ali Khamenei, , Mohammad Mokhbar —, Khamenei Organizations: Moj News Agency, Hamas, Revolutionary Guards, United Locations: Varzaghan, Iran, Gaza, Israel, Damascus, Iranian, Isfahan, United Nations, Islamic Republic
She is a weekly opinion contributor to CNN, a contributing columnist to The Washington Post and senior columnist for World Politics Review. Expect clerics and security forces – the military and Iran’s Islamic Revolutionary Guard Corps (IRGC) – to compete to see who can gain the upper hand, with hardliners in both groups seeking to position themselves for dominance. The chance of a kinder, gentler Iran emerging after new presidential elections are held in 50 days are essentially nil. He won, but most voters spoiled their ballots or stayed home, with the lowest turnout in the Islamic Republic’s history. Now Raisi is dead and the odds are that he will be replaced by another hardliner.
Persons: Frida Ghitis, Ebrahim Raisi, Raisi, Hossein Amir Abdollahian, , Ali Khamenei, Khamenei acolyte, , Mahsa Amini, ” Raisi Organizations: CNN, Washington Post, Politics, Islamic, Ukraine, Islamic Revolutionary Guard Corps, Army, Amnesty International, Green Movement, US Locations: Republic of Iran, Islamic Republic, Iran, Israel, Gaza, Lebanon, Yemen, Damascus, Russia, China, North Korea, Tehran, Saudi Arabia
As Ukraine struggles to hold back Russian advances, the country’s officials say they are once again facing the formidable challenge of keeping electricity flowing as Moscow’s forces increasingly strike power plants. To conserve energy, the government has ordered nationwide rolling blackouts for Monday night, broadening the smaller regional ones that have become the norm in recent weeks. “This is another frontline in the war,” said Maxim Timchenko, the head of DTEK, Ukraine’s largest private electricity company, on social media last week. He said the company’s workers were engaged in a “race against time” to restore power to consumers. The nationwide blackout, scheduled from 6 p.m. to midnight, will affect the entire country for the first time this year, but it is unclear if it will continue past Monday.
Persons: , Maxim Timchenko Locations: Ukraine
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRegional banking consolidation slowdown due to 'settling down' period post-pandemic: Fmr. Truist CEOKelly King, Former Truist CEO, joins 'Closing Bell Overtime' to talk regional banks and why the U.S. has seen less banking consolidation recently.
Persons: Kelly King
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