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☆ Mexico's Samuel Garcia pulls out of 2024 presidential race
▼ + stars: | 2023-12-02 | by ( ) www.reuters.com time to read: +2 min

Governor of Nuevo Leon state Samuel Garcia poses for a picture with students as he arrives at an event of school equipment delivery at the Prepa Tec high school, in Monterrey, Mexico April 25, 2023. REUTERS/Daniel Becerril/File Photo Acquire Licensing RightsMEXICO CITY, Dec 2 (Reuters) - Samuel Garcia, one of the two main opposition hopefuls competing in Mexico's 2024 presidential election, has withdrawn from the contest to return to his post as governor of the northern state of Nuevo Leon, his party said on Saturday. "I have decided to not participate in the electoral race for President of the Republic," the 35-year-old Garcia said in a statement from the Nuevo Leon government made public by his center-left Citizens' Movement (MC) party. Garcia then became embroiled in a dispute about who would replace him in Nuevo Leon, where his political opponents control the state legislature, which votes in the interim governor. Recent opinion polls have given Garcia around 10% support in the presidential race, putting him behind Xochitl Galvez, candidate of the main opposition alliance.

Persons: Samuel Garcia, Daniel Becerril, Garcia, Luis Enrique Orozco, Garcia's, Orozco, Xochitl Galvez, Mexico City Mayor Claudia Sheinbaum, MORENA, Dante Delgado, Dave Graham, Adriana Barrera, Nick Zieminski Organizations: Tec, REUTERS, MEXICO CITY, Nuevo, ' Movement, Regeneration, Mexico City Mayor, Thomson Locations: Nuevo Leon, Monterrey, Mexico, MEXICO, Republic

[1/2] A couple who bought a television on sale had their motorcycle towed while shopping in a store during Black Friday sales, in Caracas, Venezuela November 25, 2022. The government allows banks to lend only 27% of their total cashflow, rendering credit cards largely useless as prices balloon on annual inflation of more than 300%. "Consumer credit has died in Venezuela," said Luis Vicente Leon, director of consulting firm Datanalisis, calling credit limits "ridiculous." "The economy needs consumption to be more dynamic," said Gustavo Valecillos, president of the Consecomercio retailers guild, adding layaway helps move inventory. I paid half and the rest in two installments," said construction worker Juan Vegas as he left a shoe store in Caracas.

Persons: Leonardo Fernandez Viloria, Nicolas Maduro, Ernesto Urdaneta, Urdaneta, Betsy Perez, Luis Vicente Leon, Pedro Vallenilla, Ecoanalitica, Gustavo Valecillos, Juan Vegas, Mayela Armas, Mariela Nava, Tibisay Romero, Julia Symmes Cobb, Emelia Sithole Organizations: Black, REUTERS, Thomson Locations: Caracas, Venezuela, CARACAS, Latin America, Maracaibo, Valencia, Banks

RIYADH, Saudi Arabia (AP) — Cristiano Ronaldo walked off the field with the gleeful chants of “Messi, Messi, Messi!” ringing in his ears from delighted Al-Hilal fans who had just watched their Saudi Pro League team beat the Portugal superstar's Al-Nassr 3-0 in the Riyadh Derby on Friday. Saudi soccer has not been the same since the former Real Madrid and Manchester United forward completed a move last December. Lots of people want to be like Cristiano Ronaldo but few want to work like Cristiano Ronaldo. Ronaldo may have his work cut out to help his team win title No. 10 but, given his form so far this season, he may still have the last laugh with the Messi chants fading away.

Persons: — Cristiano Ronaldo, “ Messi, Messi, Al, Portugal superstar's, Ballon, — Aleksandar Mitrovic, Milinkovic, Savic, Hilal, Ronaldo, Cristiano, ”, Fahad, “ Al, Sadio Mane, Marcelo Brozovic, Alex Telles, “ Cristiano, ” Al, Luis Castro, Cristiano Ronaldo, ” Ronaldo, Mitrovic, Hilal’s, Germain, Neymar, Ruben Neves, Kalidou Koulibaly, Salem, Saleh Al, Shehri, Lionel Messi's, ___ Organizations: Saudi Pro League, Riyadh Derby, Serbian, Al, King Fahd International, Real Madrid, Manchester United, Fahad Al, Associated Press, Liverpool, Inter Milan, Paris Saint, English Premier League, Saudi Arabian Locations: RIYADH, Saudi Arabia, Portugal, Riyadh, Saudi Arabian, Saudi, Al, Hilal, Asia, Paris, Brazil, Lionel Messi's Argentina, cryptocurrency

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBRUSSELS, Nov 30 (Reuters) - EU countries and EU lawmakers on Thursday agreed to rules to protect laptops, fridges, mobile apps and smart devices connected to the internet from cyber threats following a spate of such attacks and ransom demands in recent years around the world. It sets out cybersecurity requirements for the design, development, production and the sale of hardware and software products. They must be more transparent on the security of hardware and software products for consumers and business users, and report cyber incidents to national authorities. Importers and distributors will have to verify that products conform with EU rules. The Commission has said the cybersecurity rules could save companies as much as 290 billion euros ($316 billion) annually versus compliance costs of about 29 billion euros.

Persons: Dado Ruvic, Jose Luis Escriva, Foo Yun Chee, Josie Kao Organizations: REUTERS, Rights, European Commission, Manufacturers, EU, Thomson Locations: Rights BRUSSELS

☆ Cash versus bonds? Pros weigh what to buy for the next 2 years and beyond
▼ + stars: | 2023-11-30 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

That's quite similar to what investors can get on government bonds, while high-quality corporate bonds yield more nearly 6.5% in the U.S. and U.K., and 4.6% in Europe. Here's what the pros say on how to invest within the fixed income space — cash or bonds — in the next two years and beyond. Schroders' Head of Strategic Research Duncan Lamont also stated his preference for bonds, saying that putting your money in cash means being exposed to interest rate fluctuations. And those rates are higher than cash — at 6.2% for corporate bonds with an average maturity of three years, and 6.5% on high-quality U.S. corporate bonds with an average tenure of 10 years, noted Lamont. "Fixed income is experiencing greater inflows than equities in the US and the same trend relative to cash in Europe.

Persons: Schroders, Luis D, Alvarado, Duncan Lamont, Lamont, Ashish Shah Organizations: Wells, Wells Fargo Investment Institute, Fed, CNBC Pro, Strategic, U.S . Federal, Goldman, Management, Goldman Sachs Asset Management Locations: U.S, Europe, Wells Fargo

☆ Feeling read by your Spotify city? You just have the musical taste of a depressed liberal college student.
▼ + stars: | 2023-11-30 | by ( Sebastian Cahill | ) www.businessinsider.com time to read: +3 min

Spotify Wrapped day is one of the most exciting holidays of the year. AdvertisementAh, Spotify Wrapped. Advertisement"Everyone complaining about getting Provo in their spotify wrapped needs to just accept the fact that they have terrible taste in music," said one commentator. "going to college in Davis and waking up seeing everyone bashing it because they got it on their spotify wrapped is so funny," said another X user. Other people theorized that the frequency of college towns being picked was due to the generally lower age range of Spotify users.

Persons: —, San Luis Obispo Organizations: Spotify, Service, Brigham Young University, University of Vermont, University of California, —, Provo, spotify Locations: Berkeley, Mexico City, screenshotting, provo, Burlington , Vermont, burlington, Madison , Wisconsin, Provo , Utah, Burlington ; Berkeley , California, Cambridge , Massachusetts, — Madison , Wisconsin, San Luis, Davis , California, Davis

☆ Something is up with Spotify Wrapped's new feature — it's telling way too many people they belong in Burlington, Vermont
▼ + stars: | 2023-11-30 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +3 min

People first started noticing the trend on social media — when everyone started posting their Spotify Wrapped, as is tradition — and thought it was a glitch on Spotify's end. But it turns out that Burlington is just representative of the listening habits of a disproportionately high number of Spotify users. Advertisement"Did Your Spotify Wrapped Place You In Burlington, Berkeley, or Cambridge? You May Be Gay," Queer outlet Them wrote, referencing how queer Spotify users seemed to be getting overwhelmingly assigned to Burlington, Berkeley, or Cambridge. Berkeley was the Sound Town for 0.3% of all Spotify users, while 0.1% of users were assigned to Cambridge, Spotify told BI.

Persons: —, Father John Misty, Fiona Apple, Berkeley, Sebastian Cahill, Cahill Organizations: Service, Business, Spotify, Sound Town, Burlington : Locations: Burlington , Vermont, Burlington, That's, Burlington , Berkeley , California, Cambridge , Massachusetts, Burlington , Berkeley, Cambridge, Spotify's Sound, Burlington : San Luis Obispo , CA

☆ Bolivia gets green light for full Mercosur membership
▼ + stars: | 2023-11-29 | by ( Lucinda Elliott | ) www.reuters.com time to read: +2 min

SAO PAULO, Nov 29 (Reuters) - Bolivia is set to become a full member of the South American Mercosur trade bloc following a decision on Tuesday by the Brazilian Senate to approve the country's admission. The vote on the accession of Bolivia to Mercosur is expected to be formally concluded during a regional summit on Dec. 7 in Rio de Janeiro. "Thank you to the senators for completing this process and congratulations to President Arce and Bolivia for joining us in Mercosur," Lula said on social media. Prospects for finally concluding the trade agreement with the EU gained traction following the election of ultra-liberal Javier Milei, a staunch critic of Mercosur, as president of Argentina. Bolivia was one of the worst offenders of primary forest clearances last year, behind only Brazil and the Democratic Republic of Congo, according to Global Forest Watch that monitors deforestation rates.

Persons: Luiz Inacio Lula da Silva, Arce, Lula, Luis Arce, Javier Milei, Milei, Lucinda Elliott, Mark Porter Organizations: SAO PAULO, South American Mercosur, Brazilian Senate, Bolivia, Senators, European Union, EU, Mercosur, Democratic, Global Forest Watch, Thomson Locations: Bolivia, Brazilian, Mercosur, Rio de Janeiro, Argentina, Paraguay, Uruguay, Brazil, Democratic Republic of Congo

Díaz’s parents - Luis Manuel Díaz Jiménez and Cilenis Marulanda — were kidnapped by a unit of the ELN at a gas station by armed men on motorcycles. Marulanda was rescued by police a few hours later, but Díaz’s father was held captive for 12 days by the ELN. Prosecutors said in a statement that Alcires Bolivar was a merchant in La Guajira who had been contacted by a member of the ELN to help him kidnap Díaz’s parents. After the kidnapping, special forces were deployed to search for Díaz’s father in a mountain range that straddles Colombia and Venezuela. The ELN acknowledged the kidnapping, saying it was a mistake and that its top leadership had ordered the father’s release.

Persons: Luis Díaz, Colombia’s, Andrés Alcires Bolívar, Marlon Rafael Brito, Díaz’s, Luis Manuel Díaz Jiménez, Marulanda —, Marulanda, Alcires Bolivar, “, Rafael Brito, Díaz, ELN Organizations: Liverpool, National Liberation Army, Catholic Church, United Nations, Prosecutors, Barrancas Council, national soccer team, Police Locations: BOGOTA, Colombia, Barrancas, La Guajira, Colombia’s, Venezuela

☆ El Salvador's president asks for leave of absence to seek reelection
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +1 min

[1/2] El Salvador's President Nayib Bukele speaks during the inauguration of the 3 de Febrero hydroelectric power plant in San Luis de La Reina, El Salvador October 19, 2023. REUTERS/Jose Cabezas/File Photo Acquire Licensing RightsSAN SALVADOR, Nov 28 (Reuters) - Salvadoran President Nayib Bukele announced on Tuesday he will formally ask Congress to approve a leave of absence over the next few days to allow him to run for reelection as president of the Central American nation next year. In a televised speech, Bukele said he is formally requesting the leave of absence "to dedicate myself to the campaign," but he did not name his temporary replacement in his brief remarks. While critics question Bukele's ability to seek a second consecutive term, citing a constitutional prohibition, the country's top court ruled he could run in 2021. The judges on that court were appointed by Congress, which is dominated by Bukele's New Ideas party.

Persons: Nayib Bukele, San Luis de La, Jose Cabezas, Bukele, Nelson Renteria, David Alire Garcia Organizations: El, San Luis de La Reina, REUTERS, SALVADOR, Central American, Congress, Bukele's, Thomson Locations: San Luis, El Salvador

☆ Bolivia Gets Green Light for Full Mercosur Membership
▼ + stars: | 2023-11-29 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

By Lucinda ElliottSAO PAULO (Reuters) - Bolivia is set to become a full member of the South American Mercosur trade bloc following a decision on Tuesday by the Brazilian Senate to approve the country's admission. The vote on the accession of Bolivia to Mercosur is expected to be formally concluded during a regional summit on Dec. 7 in Rio de Janeiro. "Thank you to the senators for completing this process and congratulations to President Arce and Bolivia for joining us in Mercosur," Lula said on social media. Prospects for finally concluding the trade agreement with the EU gained traction following the election of ultra-liberal Javier Milei, a staunch critic of Mercosur, as president of Argentina. Bolivia was one of the worst offenders of primary forest clearances last year, behind only Brazil and the Democratic Republic of Congo, according to Global Forest Watch that monitors deforestation rates.

Persons: Lucinda Elliott, Luis Inacio Lula da Silva, Arce, Lula, Javier Milei, Milei, Mark Porter Organizations: Lucinda Elliott SAO PAULO, Reuters, South American Mercosur, Brazilian Senate, European Union, EU, Mercosur, Democratic, Global Forest Watch Locations: Bolivia, Brazilian, Mercosur, Rio de Janeiro, Brazil, Argentina, Paraguay, Uruguay, Democratic Republic of Congo

☆ Argentina's Milei taps ex-central banker Caputo to fix economy in crisis
▼ + stars: | 2023-11-29 | by ( Jorgelina Do Rosario | Thomson Reuters | Jorgelina Do Rosario Is Emerging Markets Correspondent At Reuters Based In London | ) www.reuters.com time to read: +2 min

Former governor of Argentina's central bank, Luis Caputo, speaks alongside Economy Minister Nicolas Dujovne during a news conference in Buenos Aires, Argentina May 4, 2018. REUTERS/Marcos Brindicci/File Photo Acquire Licensing RightsBUENOS AIRES, Nov 29 (Reuters) - Argentina President-elect Javier Milei will appoint Luis Caputo as his economy minister, he said in a radio interview on Wednesday in Buenos Aires, after a two-day trip to the United States. "The minister of economy will be Luis Caputo," Milei told Radio La Red, although his office has yet to officially confirm the nomination. This will not be the first time for Caputo, a former Wall Street banker, as a government official. The economist was later appointed as central bank governor in 2018.

Persons: Luis Caputo, Nicolas Dujovne, Marcos Brindicci, Javier Milei, Caputo, Milei, elect's, Mauricio Macri's, Jorgelina, Adam Jourdan, Bernadette Baum, Mark Porter Organizations: REUTERS, Radio La, Monetary Fund, Wall Street, IMF, Thomson Locations: Argentina's, Buenos Aires, Argentina, BUENOS AIRES, United States, dollarizing Argentina, Milei, Washington, Rosario

NASHVILLE, Tenn, (AP) — NASCAR has added two new partners and streaming elements to a seven-year media rights deal announced Wednesday that will run from 2025 through the 2031 season. The new media rights deal is worth $7.7 billion when the previously announced $1.1 billion agreement with CW is included, according to Sports Business Journal. The Cup Series will include existing partners Fox Sports and NBC, which will feature a mix of broadcast and cable events. After the Fox portion of the Cup Series, the next five Cup races will be on Amazon Prime Video. Discovery and Amazon also both obtained exclusive rights to practice and qualifying sessions for the entire Cup Series schedule through 2031.

Persons: SBJ, Steve Phelps, “, Phelps, Fox, ”, Luis Silberwasser, Max, we’ve, ” Phelps Organizations: NASCAR, CW, Sports Business, Music City Center, Fox Sports, NBC, Fox, USA Network, Warner Bros ., Amazon Prime, Warner Bros, TNT, Max, Discovery Sports, NBC Sports, Busch, FOX Sports Locations: Tenn, FS1

☆ A showdown is brewing over money, oil and carbon. Here's what's at stake at the COP28 climate summit
▼ + stars: | 2023-11-29 | by ( Sam Meredith | ) www.cnbc.com time to read: +8 min

Global temperatures and greenhouse gas emissions continue to break records, with no continent left untouched by more frequent and intense extreme weather events. MoneyClimate finance is always a hotly debated talking point at the U.N. summit and COP28 promises to be no different. She anticipated three main debates around the use of oil, gas and coal — the burning of which is the chief driver of the climate crisis. "So, one is this 'phase out' or 'phase down' [of fossil fuels]. There is no credible scenario where CCS will allow continued use of fossil fuels, let alone expanding oil and gas.

Persons: Sean Gallup, HENRY NICHOLLS, Henry Nicholls, COP28, Alex Scott, Rich, Sultan al, Jaber, LUIS TATO, Luis Tato, Melanie Robinson, Robinson, Sultan Al Jaber, Francois Walschaerts Organizations: AG, Getty, United Arab Emirates, InterContinental, Fossil, Energy Intelligence, Afp, Organization for Economic Cooperation, Development, Getty Images, Abu, Abu Dhabi National Oil Company, Climate, World Resources Institute, CNBC, CCS Locations: Salzgitter, Germany, Dubai, Bonn, COP28, London, AFP, E3G, Egypt, COP27, UAE, Garissa, Africa, El Nino, Abu Dhabi, WRI, Brussels

LOS ANGELES (AP) — It’s her, hi — Taylor Swift is Spotify’s 2023 most-played artist. According to Spotify Wrapped, Swift was 2023's most-streamed artist globally, raking in more than 26.1 billion streams since January 1. It's not such bad news for Bad Bunny, however: his 2022 album “Un Verano Sin Ti” was Spotify's most-streamed album for the second year in a row, raking in 4.5 billion global streams. Political Cartoons View All 1270 ImagesMiley Cyrus' empowerment anthem “Flowers” is Spotify’s most-streamed song of the year with 1.6 million streams globally. “Kill Bill” by SZA is the second most-streamed song of the year, while Harry Styles' “As It Was,” BTS member Jung Kook featuring Latto's “Seven,” and Eslabon Armado and Peso Pluma's “Ella Baila Sola” came in third, fourth and fifth, respectively.

Persons: — It’s, Taylor Swift, Swift, Bunny, Drake, It's, Taylor Swift's, SZA's, ”, Karol G's “, Miley Cyrus, “, Bill ”, SZA, Harry Styles, Jung Kook, Latto's, Armado, Pluma's “ Ella Baila Sola ”, Morgan Wallen, Wallen's, Wallen’s, Luis Fonsi, Yankee, Justin Bieber’s “ Organizations: ANGELES, Spotify, Puerto, Apple Music Locations: He's, Mexican, Será, U.S

☆ Elite women’s sports tipped to generate over $1.2 billion next year
▼ + stars: | 2023-11-29 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Elite women’s sports will generate revenue of $1.28 billion in 2024, according to financial analysts Deloitte, up 300% from three years ago. “Crucially, women’s sport is increasingly being viewed as a unique product that is becoming ever more distinct from men’s elite sport.”The forecast comes at an exciting time for women’s sports, which have generally been on an upward trajectory in recent years. The FIFA Women’s World Cup, for example, was a roaring success which brought soccer to a whole new audience. Deloitte predicts the Women's Tennis Association (WTA) tour will be a major contributor to revenue next year. Sarah Stier/Getty ImagesDeloitte’s predictions forecast that valuations of women’s teams and leagues will continue to rise, with broadcast deals becoming increasingly lucrative.

Persons: ” Jennifer Haskel, “, Luis Rubiales, Jennifer Hermoso, Sarah Stier, ” Paul Lee, ” Organizations: CNN, Elite, Deloitte, Deloitte’s Sports Business, FIFA, Tennis Association, “ Broadcasters Locations: Spanish, Spain, Europe, North America

☆ Mexican presidency race tightens slightly, Sheinbaum retains big lead -poll
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +2 min

Former Mexico City Mayor and ruling National Regeneration Movement (MORENA) party, candidate Claudia Sheinbaum, gestures during her registration as oficial candidate for MORENA for the 2024 presidential election, in Mexico City, Mexico November 19, 2023. A prior survey by the firm published early last month had given former Mexico City Mayor Sheinbaum 55% support, and Galvez, a businesswoman-turned-politician, 20%. The latest Parametria poll gave a third contender, Samuel Garcia of the opposition center-left Citizens' Movement (MC), 10% backing. "That said, it's a big lead and we're looking at a scenario where she would have an absolute majority (in Congress)," Abundis told Reuters. Reporting by Dave Graham in Mexico City Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Claudia Sheinbaum, MORENA, Luis Cortes, Parametria, Xochitl Galvez, Galvez, Sheinbaum, Samuel Garcia, Francisco Abundis, it's, Abundis, Andres Manuel Lopez Obrador, Lopez, Dave Graham, Matthew Lewis Organizations: Mexico City Mayor, Regeneration, REUTERS, MEXICO CITY, Mexico City Mayor Sheinbaum, ' Movement, Reuters, Thomson Locations: Mexico City, Mexico, MEXICO, Congress, North America, Asia

☆ ECB should not set policy based on profit concerns: de Guindos
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +1 min

European Central Bank (ECB) Vice-President Luis de Guindos arrives at the Presidential Palace for a meeting with Cyprus President Nikos Christodoulides in Nicosia, Cyprus, October 4, 2023. REUTERS/Yiannis Kourtoglou/File Photo Acquire Licensing RightsFRANKFURT, Nov 29 (Reuters) - The European Central Bank should not set policy based on consideration about its own profitability or the profits earned by banks, ECB Vice President Luis de Guindos said in a newspaper interview, weighing in on a disagreement between policymakers. Some ECB governors are keen to increase unremunerated minimum reserve requirements for lenders in part to lower the losses the central bank is set to make on having to pay record high rates on excess liquidity. "I understand that remuneration of reserves is important for some banks, but monetary policy shouldn’t be driven by the financial position of banks or the profits of the central banks," de Guindos told Belgian newspapers De Standaard and La Libre Belgique in an interview. Reporting by Balazs Koranyi; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Luis de Guindos, Nikos Christodoulides, Yiannis, de Guindos, Balazs Koranyi, Andrew Heavens Organizations: European Central Bank, Cyprus, REUTERS, Rights, ECB, La Libre Belgique, Thomson Locations: Nicosia, Cyprus, Belgian, La

☆ With Wealth Pouring Into Miami, Neighbors List Their Homes for a Total of $150 Million
▼ + stars: | 2023-11-28 | by ( E.B. Solomont | ) www.wsj.com time to read: 1 min

A few months ago, Jorge Luis Garcia was sipping an Odette Estate Winery Cabernet with Juan Miguel Almeida and Adria Adrian Almeida, his neighbors on Palm Island in Miami Beach, Fla. Having observed a string of mega-real estate deals, Garcia had a proposition for the Almeidas, whose home is adjacent to his two waterfront properties. “We were talking about how we are sitting here on a tremendous opportunity,” said Garcia, the former owner of a medical business in Orlando. “If these houses were sold together, can you imagine that?”

Persons: Jorge Luis Garcia, Odette, Juan Miguel Almeida, Adria Adrian Almeida, Garcia, ” Organizations: Adria Locations: Miami Beach, Fla, Orlando

Hostages and Missing Families ForumAda Sagi, 75, a resident of Kibbutz Nir Oz, has taught Hebrew and Arabic, according to the Hostages and Missing Persons Families Forum. Hostages and Missing Families ForumRimon Kirsht, 36, and her husband, Yagev Buchshtab, 34, were kidnapped from Kibbutz Nirim on Oct. 7. Hostages and Missing Families ForumOfelia Roitman, 77, moved to Israel from Argentina in 1985, according to a Facebook post by the Hostages and Missing Persons Families Forum. She lived in Kibbutz Nir Oz and has nine grandchildren. She worked in education in the kibbutz for many years, according to the Hostages and Missing Families Forum.

Persons: Marman, Nir Yitzhak, Luis Norberto Har, Fernando Marman, Gabriela Leimberg, Leimberg’s, Mia Leimberg, Moshe Leimberg, Mia’s, Leimberg, “, ”, Mia, “ We’re, ” Mr, Har, Ditza Heiman, Kibbutz Nir Oz, Gideon Heiman, Heiman, Sharon Kleitman, Mr, Neta Heiman, ” Ms, ” “, ” Neta Heiman, ” Tamar Metzger, Tamar Metzger, Yoram Metzger, Tamar, Noralin Babadila, Kibbutz Nirim, Gideon Babani, Babadila, Ada Sagi, Nir Oz, Meirav Tal, Yair Yaakov, Rimon Kirsht, Rimon, Yagev Buchshtab, Kirsht, Buchshtab, Adit, Roitman, Natalie Madmaon, Kan, Madmaon, Johnatan Reiss Organizations: LinkedIn, Jersualem, School of, Arts, International Committee, Hamas, Haaretz, Kibbutz, Associated Press, Forum, Mr Locations: Jerusalem, Gaza, Eden, of Israel, Philippines, Yehud, Israel, The Times, Poland, London, Maslan, Argentina

☆ Argentina's Milei to meet Biden aide after lunch with Bill Clinton
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, Nov 27 (Reuters) - Argentina's President-elect Javier Milei will meet with a top security aide to U.S. President Joe Biden in Washington, the White House confirmed on Monday, after the far-right libertarian lunched with former U.S. President Bill Clinton in New York. Upon arriving in the United States, Milei first visited the tomb of a well-known orthodox Jewish rabbi before having lunch with Clinton, according to a statement from the president-elect's office. On Tuesday, Milei will meet with U.S. National Security Adviser Jake Sullivan, while his economic advisers are scheduled to meet with senior U.S. finance officials to discuss the president-elect's economic priorities. Argentina is the IMF's largest debtor nation as it struggles to tame inflation approaching 150%. Milei will take office on Dec. 10 at a time when over two-fifths of Argentina's population is in poverty and a recession looms for South America's second-largest economy.

Persons: Javier Milei, Joe Biden, Bill Clinton, Milei, Luis Caputo, Karina Milei, Clinton, Jake Sullivan, Donald Trump, Jarrett Renshaw, David Lawder, Jorge Otoala, Brendan O'Boyle, David Alire Garcia, Simon Cameron, Moore Organizations: White House, U.S, Democrat, Argentine, U.S . National, International Monetary Fund, Reuters, Thomson Locations: Washington, New York, Milei, New Jersey, United States, Argentina, Buenos Aires

Argentine President-elect Javier Milei departs the Eisenhower Executive Office Building after meeting with Biden administration staff at the White House complex in Washington, U.S., November 28, 2023. His foreign policy, meanwhile, is unabashedly pro-United States and pro-Israel, with a cooler stance on top trade partners Brazil and China. 2 Gita Gopinath and other fund officials, the fund said separately. The IMF has said in the past that dollarization is not a substitute for sound macroeconomic policy. Milei and IMF officials had a first virtual meeting on Friday, which Georgieva called a "very constructive engagement".

Persons: Javier Milei, Kevin Lamarque, Milei, Jake Sullivan, Juan Gonzalez, Benjamin Gedan, Alberto Fernandez, Vladimir Putin, Kristalina Georgieva, Posse, Luis Caputo, Gita Gopinath, Georgieva, Jason Lange, Rodrigo Campos, Rosalba O'Brien, Christopher Cushing Organizations: Argentine, Biden, REUTERS, Rights, U.S, White, National Security, Western, United, Israel, America, Wilson, International Monetary Fund, IMF, Reuters, Thomson Locations: Washington , U.S, Washington, Argentina, United States, Brazil, China, U.S, Moscow, Ukraine, Beijing, Argentine, New York

People who claimed the power to control nature and the energy resources around them saw the environment as a tool to be used for progress, historians say. Over hundreds of years, that impulse has remade the planet's climate, too — and brought its inhabitants to the brink of catastrophe. Tapping nature for its resources drove progress and productivity for some, but it's also been a major driver of emissions and environmental degradation. By the mid-19th century, steam power was adopted in manufacturing, cotton mills, steam ships and locomotives around the world, turning coal into a global trade. Centuries later, the United Kingdom has nearly weaned itself off coal, with weeks or months at a stretch where the national grid gets no coal power.

Persons: ”, Luis Zambrano, it's, Anya Zilberstein, ” Zilberstein, Vera S, Candiani, Jan Golinski, “, ” Golinski, Deborah Coen, Andreas Malm, Barak, it’s, J.R, McNeill, ” McNeill, Victor Seow, Elizabeth Chatterjee, “ Indira Gandhi, Chatterjee, Joshua Howe, Howe, Yale's Coen, —, ” Howe, Fredrik Albritton Jonsson, Jonsson Organizations: National University Autónoma, Concordia University, Mexico City —, America, Princeton, University of New, Yale, Lund University, Tel Aviv University, Laboratory, Global, Project, Energy, Georgetown University, Communist, University of Chicago, Reed College, . Environmental Protection Agency, U.S, AP Locations: Nations, Mexico, Lake Texcoco, Montreal, Spanish, University of New Hampshire, Maui, Britain, Sweden, ”, India, Egypt, Nigeria, Ottoman Empire, United Kingdom, Cumbria, England, Wales, Scotland, China, Japan, U.S, Europe, United States, British, Portland , Oregon

She replaces Mafalda Duarte, who left in July 2023 to lead the Green Climate Fund. Luis Tineo, interim CEO, will lead CIF until March, 2024. "Developing countries are at the forefront of the climate crisis, and we will only meet this decisive moment by working together to scale climate finance where it is needed most," Gbadegesin said in a statement. Among the largest multi-lateral climate funds in the world, CIF offers projects highly concessional capital that can leverage development bank and private sector money to fund low carbon, climate-resilient development. As well as the World Bank Group, including the International Finance Corp, CIF invests through the African Development Bank, the Asian Development Bank, the European Development Bank, and the Inter-American Development Bank.

Persons: Mafalda Duarte WASHINGTON, Tariye Gbadegesin, Gbadegesin, Mafalda Duarte, Luis Tineo, ”, Bob Natifu, Edward Webber, Simon Jessop, Valerie Volcovici, David Gregorio Our Organizations: Global, Investment Funds, World Bank, ARM Harith Infrastructure Investments, Climate Fund, Initiative, International Monetary Fund, Boston Consulting, Africa Finance Corp, Trust Fund Committee, International Finance Corp, African Development Bank, Asian Development Bank, European Development Bank, Inter, American Development Bank, Thomson Locations: South Africa, Indonesia

[1/2] Former governor of Argentina's central bank, Luis Caputo, speaks during a news conference in Buenos Aires, Argentina May 4, 2018. In the meeting, however, Caputo declined to confirm that he would be the new economy minister, two of the sources said. The roadmap is orthodox and without crazy things," Caputo told the assembled bank representatives, according to a senior banking source who attended the meeting. Earlier on Friday, though, he said shutting the central bank was "non-negotiable". The second bank source said Caputo had discussed the need to fully attack inflation and lower the Leliq pile, though did not have details on how this would be done.

Persons: Luis Caputo, Marcos Brindicci, Javier Milei, Caputo, Milei, Mauricio Macri's, Javier Bolzico, ADEBA, Milei's, " Caputo, Jorgelina, Jorge Otaola, Adam Jourdan, Alistair Bell Organizations: REUTERS, La, Reuters, Thomson Locations: Argentina's, Buenos Aires, Argentina, BUENOS AIRES, Argentine, Rosario

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