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☆ Danai Gurira on standing up against stereotypes
▼ + stars: | 2023-09-01 | by ( Tania Bryer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDanai Gurira on standing up against stereotypesActor and playwright Danai Gurira is a UN Women Goodwill Ambassador. Here she speaks to CNBC's Tania Bryer about its "Unstereotype Alliance" which looks to eradicate harmful stereotyping in media and advertising.

Persons: Danai Gurira, CNBC's Tania Bryer Organizations: UN Women Goodwill

☆ UBS CEO Sergio Ermotti discusses first earnings report since Credit Suisse acquisition
▼ + stars: | 2023-08-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUBS CEO Sergio Ermotti discusses first earnings report since Credit Suisse acquisitionUBS CEO Sergio Ermotti speaks to CNBC following the bank's first earnings report since its acquisition of stricken rival Credit Suisse was completed in June. UBS posted a $29 billion net profit as a result of negative goodwill from the deal.

Persons: Sergio Ermotti Organizations: UBS, Credit Suisse, CNBC

☆ UBS shares jump to 2008 highs after profit beat, job cuts announcement
▼ + stars: | 2023-08-31 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

UBS posted a second-quarter profit of $28.88 billion in its first quarterly earnings since Switzerland's largest bank completed its takeover of stricken rival Credit Suisse. UBS said the result primarily reflected $28.93 billion in negative goodwill on the Credit Suisse acquisition. UBS paid a discounted 3 billion Swiss francs ($3.4 billion) to acquire Credit Suisse in March. "Credit Suisse has excellent people, clients, and product capabilities, but the business model was not sustainable any longer and needs to be restructured." UBS delayed reporting its second-quarter results — initially scheduled for July 25 — until after completing the Credit Suisse takeover on June 12.

Persons: Eduardo Munoz Alvarez, Ermotti, CNBC's, CNBC's Joumanna, — Organizations: UBS, View Press, Getty, Credit Suisse, Analysts, Suisse, Suisse's, Credit, The Credit Suisse, Swiss Locations: Manhattan, New York City, Zurich, Swiss, Switzerland

The magic of “badwill”When UBS agreed to buy its archrival, Credit Suisse, for a little over $3 billion this spring at the Swiss government’s behest, analysts and investors said that price represented a steep discount. UBS’s latest financial results reflect just how much of a steal it was. Today, the bank reported a $29 billion profit — yes, you read that right — for the second quarter, the biggest quarterly profit in banking history. But that paper gain belies the challenges that UBS faces as it moves to complete the largest takeover of a bank since the 2008 financial crisis. (It’s also known as “negative goodwill.”) UBS reported that its underlying profit for the quarter was just $1.1 billion.

Persons: “, It’s Organizations: UBS, Credit Suisse

☆ UBS Reports Record-Breaking $29 Billion Profit
▼ + stars: | 2023-08-31 | by ( Michael J. De La Merced | More About Michael J. De La Merced | ) www.nytimes.com time to read: +1 min

When UBS agreed to buy its archrival Credit Suisse for a little over $3 billion this spring at the Swiss government’s behest, analysts and investors said that price represented a steep discount. UBS’s latest financial results reflect just how much of a steal it was. On Thursday, the bank reported a $29 billion profit in its second quarter — yes, billion with a “b” — the biggest quarterly profit in banking history. But that paper gain belies the challenges that UBS faces as it moves to complete the largest takeover of a bank since the 2008 financial crisis. That process will include absorbing some of its onetime competitor’s domestic footprint and shuttering a large portion of its investment banking operations.

Persons: “, It’s Organizations: UBS, Credit Suisse

☆ A 'historic' result but still a 'construction site': Analysts react to blowout UBS earnings
▼ + stars: | 2023-08-31 | by ( Elliot Smith | ) www.cnbc.com time to read: +4 min

Swiss authorities brokered the controversial emergency rescue of Credit Suisse by UBS for 3 billion Swiss francs ($3.37 billion) over the course of a weekend in March. Fabrice Coffrini | AFP | Getty ImagesUBS shares rallied to 15-year highs on the back of what analysts branded a "historic" earnings report, though Deutsche Bank said the Swiss banking giant may remain a "construction site" for some time. UBS also announced that it will fully integrate Credit Suisse's Swiss banking unit, a key profit center, in 2024. Notably, UBS highlighted that the massive net asset and deposit outflows seen by Credit Suisse over the last year have finally begun to reverse, and turned positive in June. "It's difficult to combine a blowout result like that and then to announce layoffs at the same time.

Persons: Fabrice Coffrini, Benjamin Goy, Sharath Kumar, Bruno Verstraete, Verstraete Organizations: Credit Suisse, UBS, AFP, Getty, Deutsche Bank, Swiss, Credit, midafternoon, Lakefield Partners, CNBC Locations: Swiss, Zurich, 2Q23, Switzerland

☆ European markets higher following UBS earnings; Swiss bank up 5%
▼ + stars: | 2023-08-31 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +1 min

UBS on Thursday posted a second-quarter profit of $28.88 billion in its first quarterly earnings since Switzerland's largest bank completed its takeover of stricken rival Credit Suisse. UBS said the result primarily reflected $28.93 billion in negative goodwill on the Credit Suisse acquisition. Underlying profit before tax, which excludes negative goodwill, integration-related expenses and acquisition costs, came in at $1.1 billion. The fate of Credit Suisse's flagship Swiss bank, a key profit center for the group and the only division still generating positive earnings in 2022, was a focal point of the acquisition. The emergency rescue deal that saw UBS purchase Credit Suisse at a heavily discounted 3 billion Swiss francs was mediated by Swiss authorities over the course of a weekend in March.

Persons: Read, — Elliot Smith Organizations: UBS, Credit Suisse, Credit, Suisse's, Swiss Locations: Swiss

☆ Opinion: Why Luis Rubiales and his puerile showdown are so toxic
▼ + stars: | 2023-08-30 | by ( Opinion Holly Thomas | ) edition.cnn.com time to read: +6 min

Holly Thomas Holly ThomasThe spotlight is on Ángeles Béjar, the mother of Royal Spanish Football Federation (RFEF) president Luis Rubiales. Rubiales gave Jennifer Hermoso of Spain an unwanted kiss during the medal ceremony of the FIFA Women's World Cup on August 20, 2023. Where I grew up in southern England, women’s soccer was a (usually homophobic) punchline. For comparison, tickets to an equivalent men’s game would’ve set us back closer to $1,000. Men’s football may be becoming more inclusive and the players less loutish, but there’s no doubt which sport is the main event.

Persons: Holly Thomas, Katie Couric, CNN — It’s, Holly Thomas Holly Thomas, Béjar, Luis Rubiales, Rubiales, Jennifer Hermoso, Hermoso, ”, she’s, it’s, Paul Gascoigne, ” Gazza, Gazza, would’ve, he’s Organizations: Katie Couric Media, CNN, England, Royal Spanish Football Federation, FIFA, Girls, Women’s Champions League, Arsenal, Wolfsburg, Twitter, Facebook, Spanish Locations: London, Spanish, Motril, Granada, Spain, Eurasia, British, England, Brazil, New York City, Japan, Netherlands

☆ Linda Yaccarino, Elon Musk, and the most difficult CEO job on earth
▼ + stars: | 2023-08-28 | by ( Kali Hays | Lara O'Reilly | ) www.businessinsider.com time to read: +12 min

Linda Yaccarino is tasked with fixing a product that Elon Musk seems to have intentionally broken. Linda Yaccarino had been on the job for only about a month when Musk dropped the weekend X bomb. Some X employees said they see Yaccarino as a CEO in name only. "She was clearly on message with talking points that built a case for reappraisal," said a longtime ad industry executive. "Linda says nothing"Yaccarino has also struggled to rally X employees in other ways.

Persons: Linda Yaccarino, Elon Musk, adieu, Musk, Yaccarino, Rebecca Blackwell, She's, Elon, Matt Navarra, Gwynne Shotwell, Dia Dipasupil, hadn't, Navarra, she's, Linda Yaccarino Isaac Brekken, execs, Adolf Hitler, Linda, they've, he's Organizations: Employees, AP, Twitter, SpaceX, X, Penske Media, Getty, General Motors, CNBC, X's New, PGA Tour, San, YouTube, Facebook Locations: San Francisco , New York, LA, Miami Beach, Fla, New York City, X's New York, New York, San Francisco

☆ Vision 2030 is Saudi Arabia's grand plan to future-proof its oil-based economy. Experts say it's a huge risk.
▼ + stars: | 2023-08-27 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +9 min

Vision 2030 is Saudi Arabia's grand plan to transform its economy and reduce its reliance on oil. The centerpiece of Vision 2030 is Neom, which includes a $1 trillion megacity known as The Line. But time is ticking: Seven years after announcing Vision 2030, Saudi Arabia has reached the midway point of its timeline, with just seven years left to the finish line. That said, much of this is being financed by the Public Investment Fund, Saudi Arabia's powerful sovereign wealth fund, which manages assets worth about $700 billion. NeomA key factor that could determine this project's success involves Saudi Arabia's changing appeal to the West.

Persons: Saud, who's, Simon Mabon, Prince Mohammed Bin Salman, Saudi Crown Prince Mohammed bin Salman, McKinsey —, —, Gerald Feierstein, Barack Obama, Feierstein, Richard Callis, Prince Mohammed, Yasir Othman al, Mabon, Prince Mohammed's, there's, Muslimi, they're Organizations: Foreign Policy Center, Saudi Royal Court, REUTERS, Saudi Crown, McKinsey, Middle East Institute, Public Investment Fund, Saudi, SoftBank's Vision, Newcastle United soccer, Newcastle United FC, Saudi Aramco, International Monetary Fund, Chatham House, Neom, United, Bloomberg, Amnesty International Locations: Saudi, Dhahran, Saudi Arabia, London, NEOM, Bandar, Yemen, Ukraine, Riyadh, Jeddah, they're, United Arab Emirates, Neom

☆ Conservative UK lawmaker formally quits with scathing attack on PM Sunak
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +2 min

LONDON, Aug 27 (Reuters) - UK member of parliament Nadine Dorries has delivered a scathing attack on her Conservative Party's leader Rishi Sunak in her formal resignation letter, accusing the prime minister of running a "zombie parliament" and lacking any political vision. "Since you took office a year ago, the country is run by a zombie parliament where nothing meaningful has happened. "You hold the office of prime minister unelected, without a single vote, not even from your own MPs. A former finance minister and investment banker, Sunak became prime minister in October last year after being the only candidate to be nominated in a party leadership contest. "In your impatience to become prime minister you put your personal ambition above the stability of the country and our economy," said Dorries.

Persons: Nadine Dorries, Rishi Sunak, Boris Johnson, Dorries, Sunak, Johnson, Liz Truss, Kylie MacLellan, Frances Kerry Organizations: Conservative, Labour Party, Conservatives, Labour, Sunak's Conservatives, Thomson Locations: Sunak

☆ How Bob Iger's big plan to shrink Disney could pay off and how it could backfire, according to industry insiders
▼ + stars: | 2023-08-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +11 min

After a run of acquisitions during his first tour as Disney CEO, Bob Iger is looking to shrink the company. "They are our film studios, our parks business, and streaming, all of which are inextricably linked to our brands and franchises." Verizon has reached out to Disney about partnering on a new ESPN streaming service, The Information reported. 2024 will bring some clarity to Disney's streaming business. "The streaming business with ESPN going direct to consumer can generate a lot of subscriptions and hopefully be a positive earnings contributor.

Persons: Bob Iger, He's, Iger, Wells, Steven Cahall, MoffettNathanson's Michael Nathanson, Iger's, hasn't, Macquarie, Tim Nollen, Doug Shapiro, Shapiro, Disney, It'll, there's, Tim Cook, Eddy, Drew Angerer, Disney's, Penn, Joel Simkins, Stratechery's Ben Thompson, Thompson, — Iger, mused, signups, he's, Kevin Lansberry, I'm, Nollen Organizations: Disney, ABC, FX, Geographic, ESPN, Google, Netflix, Warner Bros, Discovery, Warner Bros . Discovery, Comcast, Marvel, Pixar, Apple, Walt Disney, Turner Broadcasting System, Apple's, Hulu, ESPN Iger, Penn Entertainment, Houlihan, Global Technology Group, LightShed Partners, Verizon, Flagship Locations: Orlando , Florida, Sun

☆ Lachlan Murdoch pays over $800,000 in legal fees to Australian publisher after abandoning defamation suit
▼ + stars: | 2023-08-22 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

CNN —Lachlan Murdoch, Fox Corporation’s chief executive, paid substantial legal fees to Private Media, which publishes the scrappy Australia-based news outlet Crikey, after abandoning his defamation lawsuit against the outlet. So, $1,306,739 Australian ($839,207.39 US) to cover Private Media’s legal costs, more than the $1.1 million Australian ($705,000 US) that had been sought by the outlet. Private Media, which had crowdfunded its legal defense against Murdoch, pledged to donate $588,735 Australian ($377,555 US) — all of the money it had raised — to the Alliance for Journalists’ Freedom. Will Hayward, the chief executive of Private Media, said he was “delighted” to be able to donate the funds. “This includes campaigning for a Media Freedom Act, supported by a voluntary membership that will recognize quality journalism.”

Persons: Lachlan Murdoch, Fox, John Churchill, Murdoch, Crikey, unindicted, ”, doesn’t, Donald Trump, “, “ Crikey, Mr Murdoch, Churchill, Will Hayward, ” Hayward, Peter Greste Organizations: CNN, Fox Corporation’s, Private Media, Capitol, Fox Corp ., Fox News, Dominion, Systems, Alliance for Journalists ’ Locations: Australia

☆ North Korea's Kim directs cruise missile test as South Korea, US begin drills
▼ + stars: | 2023-08-20 | by ( Hyonhee Shin | ) www.reuters.com time to read: +3 min

[1/2] North Korean leader Kim Jong Un oversees a strategic cruise missile test aboard a navy warship in this undated photo released by North Korea's Korean Central News Agency. The latest missile test came as South Korea and the United States began the Ulchi Freedom Shield summer exercises on Monday, designed to enhance their joint responses to North Korea's nuclear and missile threats. "North Korea talks about preemptive nuclear strikes and preparations for an offensive war, but we will immediately and overwhelmingly retaliate for any provocations." Over the past two years, North Korea has been testing what it calls "strategic cruise missiles," which some analysts have said could be tipped with nuclear warheads. While modernising and bolstering its naval power, North Korea showcased a new, nuclear-capable underwater attack drone in March.

Persons: Kim Jong Un, KCNA, Kim, Yoon Suk Yeol, Yoon, Choi Il, Hyonhee Shin, Gerry Doyle, Clarence Fernandez Organizations: North, Korean Central News Agency, KCNA, REUTERS Acquire, Rights, United States, Command, National Security Council, Thomson Locations: Rights SEOUL, South Korea, Pyongyang, Korea, United States, Japan, North Korea

☆ Bob Iger is moving to shrink Disney — here's how industry insiders see his playbook and its potential pitfalls: 'Everything is not OK'
▼ + stars: | 2023-08-18 | by ( Lucia Moses | ) www.businessinsider.com time to read: +11 min

After a run of acquisitions during his first tour as Disney CEO, Bob Iger is looking to shrink the company. He's looking to Disney's IP-driven parks, streaming, and film studios to drive growth. "They are our film studios, our parks business, and streaming, all of which are inextricably linked to our brands and franchises." 2024 will bring some clarity to Disney's streaming business. "The streaming business with ESPN going direct to consumer can generate a lot of subscriptions and hopefully be a positive earnings contributor.

☆ Taipei mayor to visit China as tensions simmer with Taiwan
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +2 min

Taipei Mayor Chiang Wan-an with his team after the annual Minan civilian defense drill, which this year focuses on the response from various agencies and volunteer groups if under attack by China in front of Taipei City hall in Taipei, Taiwan May 4, 2023. Taipei Mayor Chiang Wan-an, from the main opposition party the Kuomintang, which traditionally favours close relations with China, will go to Shanghai on Aug. 29-31 for the Taipei-Shanghai City Forum, which was first held in 2010. The Taipei city government said Chiang, a rising Kuomintang star, would lead the delegation to the forum, the theme of which this year is "new trends, new development". The Kuomintang has pushed to resume contacts with China since pandemic controls were lifted, saying that dialogue was needed now more than ever given the tensions over Taiwan. China, which claims the island as its territory, has been carrying out military activities near Taiwan, including regularly sending fighter jets into the air space around it.

Persons: Chiang Wan, Ann Wang, Tsai Ing, Taipei Mayor Chiang Wan, Chiang, Ma Ying, Ben Blanchard, Robert Birsel Organizations: REUTERS, Rights, Shanghai, Kuomintang, Forum, Thomson Locations: Taipei, China, Taipei City, Taiwan, Rights TAIPEI, Shanghai, Taipei Mayor, Taiwan's, Kuomintang

☆ Here's why consumers are turning to second-hand market
▼ + stars: | 2023-08-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why consumers are turning to second-hand marketGoodwill Industries International CEO & President Steve Preston joins 'The Exchange' to discuss the growing popularity of thrift shops, Goodwill's efforts to support job training programs, and Goodwill's distribution network.

Persons: Steve Preston Organizations: Industries International

Here's what you need to know about the impact of collections and how to get them removed from your credit report. As it ages on your credit report, its effect on your credit score will decrease until it falls off entirely. There are a few different — and completely legal — ways you can try to remove it from your credit report to fix your credit score. While paying off a debt in collections will not improve your credit or remove the collections from your credit report, a collections agency can sue you for unpaid debt if it's still within the statute of limitations. A CFPB report on credit reports in 2022 found 175 million total collections tradelines on credit reports, down from 261 million when the report was last updated in 2018.

Persons: it's, there's, John Owens, you've, Markia Brown, Brown, Owens, Rick Eicheldinger, Zarrad, Eicheldinger Organizations: Service, Monterey Financial Services Locations: Wall, Silicon, Chevron

☆ Sea sails recklessly into choppy e-commerce waters
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +2 min

Singapore-based Sea Limited Chairman and CEO Forrest Li, speaks during an interview with CNBC following his company's IPO on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 20, 2017. REUTERS/Brendan McDermid Acquire Licensing RightsHONG KONG, Aug 16 (Reuters Breakingviews) - Sea's (SE.N) boss Forrest Li has picked a turbulent time to rock the boat. But Li's declaration on Tuesday that it's time to "ramp up" investments again risks wiping out the hard-earned investor goodwill. Despite Li's assurances that Sea will keep emphasising self-sufficiency and cost efficiencies, investors promptly erased some $10 billion, or 29%, in market value. In July, the latter injected $845 million into its Southeast Asian arm, signalling a price war may be on the horizon.

Persons: Forrest Li, Brendan McDermid, HONG KONG, Li, China's Alibaba, Robyn Mak, Exor’s Philips, Bain, BoE, Antony Currie, Thomas Shum Organizations: CNBC, New York Stock Exchange, REUTERS, Reuters, HK, Twitter, FC Barcelona’s, Messi, Thomson Locations: Singapore, New York, U.S, HONG, York

☆ The 'undermanaging' boss is just as toxic as micromanagers and 'lacks the courage or work ethic to really coach and lead,' a workplace expert says
▼ + stars: | 2023-08-16 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

The "undermanaging" boss can be as toxic as micromanagers, a workplace expert said. A pushover boss can also hinder an employee's professional development. The undermanaging boss falters at the prospect of making difficult decisions and "will experience decision paralysis, making a bad situation even worse," according to Legg. Legg says that this type of manager is a "lazy boss who lacks the courage or work ethic to really coach and lead." Cain said the characteristics of a pushover boss include indecisiveness, fleeing confrontation, going with the flow, and letting workers walk all over them.

Persons: Undermanagers, Kevin Legg, Sage, falters, Legg, Áine Cain, Cain, indecisiveness, isn't Organizations: Service, Privacy, Workers, CNBC Locations: Wall, Silicon

☆ Iraq set in 'battle' against dollar smugglers, c.bank governor says
▼ + stars: | 2023-08-16 | by ( Timour Azhari | ) www.reuters.com time to read: +4 min

Last month, the U.S. Treasury Department and the Fed barred 14 Iraqi banks from conducting dollar transactions as part of a wider crackdown on dollar smuggling to Iran via the Iraqi banking system, U.S. officials said. Allaq said that action related to transfers from 2022, before a new platform that aimed to improve transparency went live. He said the central bank was undertaking a review of the banking sector and introducing new regulations that he said would likely see some banks close. "It would be very normal in the coming period to see a reduction in the (number of private banks)," he said. Since January the central bank has asked banks to provide detailed information on senders and recipients of transfers via an online platform.

Persons: Ali al, Allaq, Timour Azhari, Angus MacSwan Organizations: Reuters, U.S . Treasury Department, Fed, U.S . Federal, U.S, Thomson Locations: Iraq, Iran Baghdad, Washington, Tehran Banking, BAGHDAD, Iran, Turkey, Syria, United States, U.S, Tehran, Iraq's

☆ Ukraine border guards remind Russia Snake Island is again theirs
▼ + stars: | 2023-08-12 | by ( ) www.reuters.com time to read: +2 min

Ukrainian service members install a national flag on Snake (Zmiinyi) Island, as Russia's attack on Ukraine continues, in Odesa region, Ukraine, in this handout picture released July 7, 2022. Tiny Snake Island became synonymous with Ukrainian resistance in the first hours of the Feb. 24, 2022 invasion, when Russian officers on the Black Sea Fleet flagship Moskva radioed Ukrainian guards stationed there and ordered them to surrender or die. The strategic island overlooks sea lanes to Odesa, Ukraine's main Black Sea port. On April 14, 2022, two Ukrainian missiles struck the Moskva, the biggest warship sunk in combat for 40 years. On June 30, Russia abandoned Snake Island after taking heavy losses trying to defend it.

Persons: Serhiy Deineko, Deineko, Maria Starkova, Elaine Monaghan, Sandra Maler Organizations: Press, Ukrainian Armed Forces, REUTERS, Facebook, Black Sea Fleet, Snake, Thomson Locations: Ukraine, Odesa region, Ukrainian, Ukrainian Crimea, Moskva, Russia, Kyiv, Washington

☆ Taiwan pitches deeper Europe engagement after TSMC Germany investment
▼ + stars: | 2023-08-09 | by ( Ben Blanchard | ) www.reuters.com time to read: +3 min

TAIPEI, Aug 9 (Reuters) - Taiwan chipmaker TSMC's (2330.TW) 3.5 billion euros ($3.83 billion) investment in Germany will drive deeper engagement between the island and Europe, Taiwan's economy minister said on Wednesday, pitching the political benefits of the deal. "TSMC's investment in Europe will help bring even closer cooperation between Taiwan and the EU," Taiwan Economy Minister Wang Mei-hua told reporters in Taipei, when asked if signing the BIA would get more Taiwanese chipmakers to the bloc. Taiwan has repeatedly called for progress on a BIA with the European Union. The EU included Taiwan on its list of trade partners for a potential bilateral investment agreement in 2015, but it has not held talks with Taiwan on the issue since. The TSMC investment in Germany will need approval by Taiwan's economy ministry, and Wang said they will also consider the company's "vigorous" investments at home when weighing the German plans.

Persons: Wang Mei, Wang, TSMC, Ben Blanchard, Jeanny Kao, Stephen Coates Organizations: European Union, BIA, Washington, EU, Trade Organisation, Reuters, Thomson Locations: TAIPEI, Taiwan, Germany, Europe, Beijing, Taipei, United States, Japan

☆ A GOP divide in Iowa over Trump -- and over the truth
▼ + stars: | 2023-08-09 | by ( John King | ) edition.cnn.com time to read: +11 min

Mudd does not dispute this but says he would have more confidence if states followed the same procedures. “Nothing about that deal is the American way, I don’t think,” Mudd Sr. says of the latest Trump indictment. And it vividly captures the country’s red state-blue state divide, which includes what you think of Trump and where you get your news. Taylor supported Texas Sen. Ted Cruz in the 2016 caucuses, but voted for Trump in November 2016 and again in 2020. Shopping around is an Iowa tradition, but both understand that a splintered field eventually helps Trump, as it did in 2016.

Persons: John King’s, “ Anderson Cooper, Chris Mudd, ” Mudd, “, Joe Biden’s, Mudd, Donald Trump, Donald Trump’s, I’m, Trump, John King, Allison Malloy, CNN “, ”, Biden, Jim Mudd, Republicans don’t, Ronald Reagan, Tracey Mudd, Chris ’, Rob Mudd, that’s, Hunter Biden’s, Tucker Carlson, Hunter Biden, ” Rob Mudd doesn’t, Volodymyr, Zelensky, Vivek Ramaswamy’s, Robert F, Kennedy Jr, ” Chris Mudd, Priscilla Forsyth, Howard Dean, John Edwards, ” Forsyth, ” She’s, isn’t, doesn’t, Forsyth, King, Jaclyn Taylor, Taylor, Texas Sen, Ted Cruz, sighs, Carolina Sen, Tim Scott, Nikki Haley, Ron DeSantis, CNN Betsy Sarcone, ” Sarcone, Florida Sen, Marco Rubio, Hillary Clinton, Sarcone, “ We’ve, ” Taylor Organizations: Waterloo , Iowa CNN, Republican, GOP, CNN, Republicans, America, Fox, today’s Republican, Trump, NATO, RFK, Texas, Biden, Former United Nations, Florida, Biden –, Republican Party, Iowa Locations: Iowa, Waterloo , Iowa, Cedar Falls , Iowa, Ohio, Texas, Pennsylvania, Georgia, Cedar Falls, American, Ukraine, Sioux City, Woodbury, Des Moines, Metro Des Moines, Waukee, ”, Carolina, Clive , Iowa, Urbandale, Florida

☆ China repeats call for Philippines to remove grounded warship
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +3 min

The dispute over the Second Thomas Shoal in South China Sea came after Manila accused China's coast guard of "excessive and offensive actions" against Philippines vessels. "China once again urges the Philippine side to immediately remove the warship from Second Thomas Shoal and restore it to its unoccupied state," China's foreign ministry said in a statement. Tensions have soared between the two countries over the South China Sea under Philippine President Ferdinand Marcos Jr, with Manila pivoting back to the United States, which supports Manila in its maritime disputes with China. Echoing the foreign ministry, the Chinese ambassador to the Philippines said on Tuesday China had no choice but to respond. China claims sovereignty over almost the entire South China Sea, which overlaps with the waters of Malaysia, Vietnam, Brunei, Taiwan and the Philippines.

Persons: Thomas Shoal, Thomas, Jonathan Malaya, Ferdinand Marcos Jr, Huang Xilian, Ella Cao, Liz Lee, Karen Lema, Jacqueline Wong, Gerry Doyle Organizations: China Coast Guard, Philippine Coast Guard, Philippine, REUTERS, National Security Council, South China, China, Thomson Locations: South, BEIJING, MANILA, Philippines, Manila, Beijing, South China, China's, China, Philippine, Ayungin, United States, Malaysia, Vietnam, Brunei, Taiwan

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