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☆ Japan's largest rice shortage in years is exacerbated by sushi-hungry tourists, weather
▼ + stars: | 2024-09-25 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Sushi, onigiri and yakitori don — Japanese rice is a key staple in many of its iconic dishes, but the country is facing its biggest shortfall in decades. Japan has been contending with a rice shortage in recent months due to a mix of bad weather and an increase in tourists, undergirded by the country's restrictive rice policies. Consumers also stockpiled more rice in preparation for Japan's typhoon season and a major earthquake warning, the USDA added. Local media NHK partly attributed the shortage to an influx in tourists pushing up demand for sushi and other rice-based dishes. On top of Japanese preparing for potential natural disasters, the MFAA also attributed the increase in table rice demand to an influx of tourists driving up food service demand.

Organizations: U.S . Department of Agriculture, Consumers, Local, NHK, Ministry of Agriculture, Forestry, Fisheries Locations: Japan, undergirded

Courtesy Marian IppelHer lawsuit names as defendants the Grace Christian Reformed Church of Grand Rapids and affiliates, including the Christian Reformed Church in North America, a Protestant Calvinist Christian denomination also based in Grand Rapids. The Grace Christian Reformed Church did not immediately respond to requests for comment. “Recovered memory cases are difficult because you may need corroborating evidence, particularly when a child is very young,” Cadigan, who is not associated with Ippel’s case, said. The Christian Reformed Church in North America said it was unaware of any other complaints against the deacon, but said it investigates claims when people come forward. Abuse awarenessThe Christian Reformed Church, which counts about 230,000 followers in North America, has known of a history of abuse within its member churches, according to the suit.

Persons: Marian Ippel, ” Ippel, ” Marian Ippel, Ippel, Lynne Cadigan, ” Cadigan, ”, Marian, Ippel’s, Marian’s, “, wasn’t, Megan Bonanni, Larry Nassar, ” Bonanni, John Wixted, Wixted, James Hopper, Cadigan, they’re Organizations: Kent County Circuit, NBC News, Grace Christian Reformed Church, Christian Reformed Church, Catholic, “, Abuse Prevention, Catholic Church, University of California Locations: Grand Rapids , Michigan, Kent County, Grand Rapids, North America, Arizona, Guinea, Michigan, Manhattan Beach , California, San Diego

For Love & Money is a column from Business Insider answering your relationship and money questions. This week, a reader feels he deserves a larger share of his mom's inheritance than his siblings. Write to For Love & Money using this Google form. I plan to ask my siblings for a larger share of my mother's legacy that I can put toward teaching college. When you ask your siblings for a larger share of the inheritance money, be direct, honest, and confident.

Persons: —, I'd, I'm, isn't, you've, Lay Organizations: Business, Service

☆ Taiwan's political disrupter could be kingmaker in a split parliament. Here's why it matters
▼ + stars: | 2024-01-26 | by ( Clement Tan | ) www.cnbc.com time to read: +8 min

Taiwan People's Party (TPP) presidential candidate Ko Wen-je speaks during an interview in New Taipei City on December 12, 2023. He urged his disappointed young supporters, some of them crying, not to give up, and framed himself as a one-man social movement crusading for political change. Since this social movement has not fully materialized, let's keep working hard," the former Taipei City Mayor told supporters in Mandarin. That kind of populist messaging appeals to people who feel like Taiwan's current economic and political system is not benefiting them. Taiwan's young and restlessIn any case, Taiwan's two major parties now face a battle to cater to younger voters that could come at the expense of older votes or a focus on broader strategic interests.

Persons: Ko Wen, Cheng, we'll, Ko, let's, Wei, Ting Yen, Sara Newland, Taiwan's, Newland, Lai Ching, Taiwan People's Party —, —, Yuan, Beijing's, Tsai Ing, Annice Lyn, Xi Jinping, Lily, Hwa CHENG, HWA CHENG, Ho Organizations: Taiwan People's Party, AFP, Getty, TAIPEI, Taipei City Mayor, Democratic Progressive Party, Kuomintang, Franklin, Marshall College, CNBC, Sara Newland Smith, Ko's, Taipei, KMT, Smith College, National Taiwan University, Democratic, Chinese Communist Party, HWA, Afp, Sunflower Movement Locations: Taiwan, New Taipei City, China, Taipei, Xinzhuang, AFP

“I was in all the states,” Rosalynn Carter told the AP. At The Carter Center, she launched a fellowship for journalists to pursue better coverage of mental health issues. Years later, Rosalynn and Jimmy would quietly support integration — and call for it more vocally at Plains Baptist Church. Ruth Carter later engineered a date between her brother and Rosalynn during one of his trips home from the U.S. But the void would not begin to close until the former president conceived The Carter Center.

Persons: Rosalynn Carter, Jimmy Carter’s, ”, Kathy Cade, “, Cade, ” Jimmy Carter, Jonathan Alter, Eleanor Roosevelt, Hillary Clinton, Rosalynn, ” Cade, Ronald Reagan, ” Rosalynn Carter, Reagan, ” Grandson Jason Carter, She “, Jason Carter, Carter, Eleanor Rosalynn Smith, Lillian Carter, “ Miss Lillian ”, Jimmy, Smith, James Earl Carter Sr, Jim Crow, Rosalynn’s, Alter, Ruth Carter, Earl Carter, ” Alter, Stu Eizenstat, Anwar Sadat, Israel’s Menachem Begin, ” Miss Lillian, Pat Caddell, They’ve, ” Jason Carter, Joe Biden, Jill Biden, Mrs, Paige Alexander Organizations: Washington, Georgia Democrat, The Carter, Carter Center, Associated Press, White, AP, East Wing, Mental Health Systems, Kennedy Center, Plains Baptist, Smiths, U.S . Naval Academy, Navy, Plains Methodist Church, Georgia Southwestern College, Naval, “, Brigade, Democratic, Wing, White House, Camp David, Carter, ” Carter Locations: Ga, Georgia, Iran, Plains, Plains Baptist Church, Washington, Iowa, Spanish, America, Cambodian, U.S, COVID, Panama, Atlanta, Guinea

☆ Here's what we hope to see from AI powerhouse Microsoft's quarterly earnings this week
▼ + stars: | 2023-10-23 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Microsoft's cloud business, Azure, is crucial to its increased focus on AI. Analysts estimate Azure revenue growth in the fiscal first quarter expanded 27% year-over-year in constant currency terms, according to FactSet. Analysts at Piper Sandler said the Nov. 1 general release of Microsoft's 365 Copilot , an AI assistant to productivity applications like Word, should be a catalyst for shares. Bottom line The full payoff of Microsoft's AI efforts won't be fully reflected in the upcoming quarterly results given generative AI is still in its infancy. In July, Chief Financial Officer Amy Hood said growth from the company's AI offerings "will be gradual as Azure AI scales and our Copilots reach general availability dates."

Persons: Bing, Piper Sandler, Amy Hood, Copilot, Jim Cramer's, Jim Cramer, Jim, Omar Marques Organizations: Microsoft, OpenAI, LSEG, Activision Blizzard, CNBC, Getty

☆ Here are all the portfolio moves the Club made in this week's oversold market
▼ + stars: | 2023-10-06 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +7 min

With the stock market deeply oversold this week, we put cash to work by picking stocks across a range of sectors including energy, technology and materials. With the market oversold, per the S & P 500 Short Range Oscillator , our investment discipline called for us to search for any dislocations within the portfolio. Tech stocks remained under pressure Tuesday afternoon, giving us an opportunity to buy 7 shares of Broadcom and lower our cost basis. But stocks returned to the red Thursday, and the market remained firmly in oversold territory. However, the market reversed course in midday trading, with all three major U.S. stock benchmarks trading sharply higher.

Persons: chipmaker, we've, –, Corona –, Jim, Elliott, We'd, Jim Cramer's, Jim Cramer, Spencer Platt Organizations: Coterra Energy, Devices, Broadcom, Starbucks, AMD, Tech, VMWare, Management, Wall, DuPont de Nemours, Oracle, Constellation Brands, DuPont, Modelo, Corona, Constellation, Elliott Management, U.S . Labor Department, Humana, CNBC, New York Stock Exchange, Getty Locations: China, oversold, ORCL, New York City

Shi said the exercises would test the armed forces’ “ability to fight in real combat conditions.”“The patrols and exercises serve as a stern warning to the collusion of ‘Taiwan independence’ separatists with foreign elements and their provocations,” Shi added. China’s ruling Communist Party claims the self-governing, democratic island of Taiwan – despite never having controlled it. The move also comes amid heightened tensions between the United States and China. US President Joe Biden has been hosting the leaders of Japan and South Korea at a trilateral summit undergirded by the three countries’ mutual concern over China. On Tuesday, US-sanctioned defense minister Li Shangfu warned against “playing with fire” when it comes to Taiwan in a veiled jab at the United States when he addressed a security conference in Russia.

Persons: CNN —, ”, Shi Yi, Shi, ’, China’s, Taiwan –, William Lai, Lai, Joe Biden, Li Shangfu, “ Organizations: CNN, Eastern Theater Command, Xinhua, Communist Party, Paraguay – Locations: Taiwan, Beijing, Paraguay, South America, ”, United States, China, Japan, South Korea, Russia

☆ Opinion | ‘Oppenheimer’ and the Shadow of Stalin
▼ + stars: | 2023-08-04 | by ( Ross Douthat | ) www.nytimes.com time to read: +3 min

So the point of reading McMeekin’s book is to give early Cold War anti-communism its due. Just this, “Stalin’s War” suggests: They saw Stalin clearly. Nor was Stalin any kind of naïve, unsuspecting victim of Hitler’s Barbarossa onslaught, as some historical clichés would have it. And these Soviet machinations benefited from the same mixture of philo-communism among New Deal liberals and outright Soviet espionage that shaped Oppenheimer’s milieu. As I said, McMeekin’s account is polemical, written as a corrective to other histories and open to counterarguments in turn.

Persons: Stalin, ”, Hitler, McMeekin, Hitler’s Barbarossa, Franklin Roosevelt, Winston Churchill, It’s Organizations: Soviet, New Deal, Soviet Union Locations: Nazi Germany, Tokyo, Japan, United States, Eastern Europe, East Asia, Baltic States, America, Soviet

☆ Robert E. Lucas Jr., Nobel-Winning Conservative Economist, Dies at 85
▼ + stars: | 2023-05-17 | by ( Sam Roberts | ) www.nytimes.com time to read: +1 min

Robert E. Lucas Jr., a contrarian Nobel laureate in economics who undergirded conservative arguments that government intervention in fiscal policy is often self-defeating, died on Monday in Chicago. His death was announced by the University of Chicago, where he began teaching as a professor in 1975 and remained a professor emeritus until his death. The announcement did not cite a cause. In awarding the Nobel Memorial Prize in Economic Sciences in 1995 to Professor Lucas, the fifth winner in economics from the University of Chicago in six years, the Swedish Royal Academy of Sciences described him as “the economist who has had the greatest influence on macroeconomic research since 1970.”While he propounded a number of groundbreaking if sometimes controversial theories, Professor Lucas was best known for his hypothesis of “rational expectations,” advanced in the early 1970s in a critique of macroeconomics.

When Tioni Theus woke up, most mornings, the first thing she did was turn on music. Tioni’s most frequent social media posts were videos of herself singing along to music, smiling and mugging for the camera. But in recent years she had begun to gravitate toward gritty, emotional rappers and singers like Rod Wave, whose songs explore the painful underside of street life. (“Daddy gone and mama couldn’t save me/So hard times made me,” he raps on his song “Thug Life.”) Read MoreTioni, right, with her family. But as with many aspects of Tioni’s life, the stakes were higher than they should have been: Both investigators and some family members have suggested that she may have been a victim of human trafficking.

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