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☆ MLB roundup: Red Sox ring up 24 hits, pummel Astros 17-1
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +7 min

All nine batters in Boston's starting lineup recorded at least one RBI and at least one of the club's season-high 24 hits. The offensive showcase provided more than enough run support for Red Sox starter Brayan Bello (10-7), who gave up one run on nine hits in seven innings. Mauricio Dubon doubled twice for the Astros, who went 1-for-12 with runners in scoring position and left 11 men on base. Rays 5, Rockies 3Josh Lowe hit a go-ahead, two-run homer in the eighth inning, helping host Tampa Bay complete a series sweep of Colorado. Palacios hit a two-run home run and Ji Hwan Bae added an RBI single for the Pirates, who have lost two straight.

Persons: Wilyer Abreu, Pablo Reyes, Erik Williams, Abreu, Connor Wong, Alex Verdugo, Brayan Bello, Alex Bregman, Mauricio Dubon, Mookie Betts, Freddie Freeman, Enrique Hernandez, Michael Busch, Corbin Carroll, Gabriel Moreno, Merrill Kelly, Miguel Castro, Alex Young, Brandon Williamson, Josh Lowe, Randy Arozarena, Matt Koch, Lowe, Alex, Tommy Kahnle, Jake Alu, CJ Abrams, Joey Meneses, Aaron Judge, Patrick Corbin, Gleyber Torres, Ryan Jeffers, Jeffers, Will Smith's, Carlos Correa, Josh Sborz, Michael A, Taylor, Royce Lewis, Kyle Farmer, Ian Happ's, Cody Bellinger, Nico Hoerner, Jeimer Candelario, Justin Steele, Connor Joe's, Adbert Alzolay, Joshua Palacios, Palacios, Ji Hwan Bae, Zack Gelof, Shea Langeliers, Brent Rooker, Tony Kemp, Kemp, Luis Robert Jr, Elvis Andrus, Kyle Gibson, Anthony Santander, Cedric Mullins, Adley Rutschman, Gibson, Felix Bautista Organizations: Boston Red Sox, Houston Astros, Red Sox, Boston, Boston's, Astros, Dodgers, Cleveland, Angeles, The Dodgers, Diamondbacks, Reds, Arizona, Cincinnati, National League, Rays, Rockies, Tampa, Nationals, Yankees, skidding, Rangers, Minnesota, Texas, American League Central, Cubs, Pirates, Chicago, Pittsburgh, Athletics, White Sox, Oakland, Orioles, Blue Jays, Baltimore, Toronto, Thomson Locations: Houston , Texas, USA, Houston's, Angeles, Los Angeles, Phoenix, Cincinnati, Tampa, Colorado, Washington, skidding New York, Kahnle, Minneapolis, Minnesota, Chicago, punctuate

The Liberian MSC UNITED VIII container ship transits in the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama March 10, 2023. The Panama Canal Authority last week opened two additional slots per day for vessels without booking to transit to help clear bottlenecks on both sides of the interoceanic corridor. As of Tuesday, 125 booked and non-booked vessels were waiting to pass, down from more than 160 ships two weeks ago, according to official numbers. However, the average wait time for vessels to pass has risen to between 10 and 11 days this month, from 6-7 days last month. The waiting surpasses 17 days for cargo vessels and liquefied petroleum gas carriers, and is almost 13 days for tankers.

Persons: Aris Martinez, Gustavo Petro, Andres Manuel Lopez Obrador, Abe Eshkenazi, Elida Moreno, Marianna Parraga, Marguerita Choy Organizations: Liberian MSC UNITED, REUTERS, PANAMA CITY, Panama Canal Authority, Reuters, Tuesday, Panama, U.S, U.S ., Association for Supply Chain Management, Thomson Locations: Cocoli, Panama, Panama City, PANAMA, Asia, South America, Europe, China, U.S . West Coast, Chicago, Houston

The London Metal Exchange (LME) three-month copper price has been oscillating in a $7,800-8,870 per metric ton range since May as old and new price drivers compete. The gyration in net positioning is partly a reflection of copper's own choppy range-trading with many black box funds configured to react to changes in directional momentum. Money managers have lifted outright short positions on CME copper to 69,707 contracts, the largest collective bear bet on lower prices since early 2020. The net short position of 18,127 contracts is a sign the bears are in the ascendancy. The key takeaway from speculative positioning on both U.S. and London markets is that fund players are betting bigger on copper.

Persons: Ricardo Moreno, San Pedro de Barva, Juan Carlos Ulate, Long, Copper, David Evans Organizations: REUTERS, London Metal Exchange, CME, Zhongrong International, Co, Fund, Thomson, Reuters Locations: San Pedro, Costa Rica, China, Beijing, London, United States, Europe

☆ Spain’s victorious Women’s World Cup stars receive royal welcome on return to Madrid
▼ + stars: | 2023-08-22 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —Spain’s Women’s World Cup heroes received a royal welcome on their return to Madrid, with Queen Letizia once again in attendance for the celebrations, as she was in Sydney for the final. Spain's players received a hero's welcome on their return to Madrid. The World Cup heroes eventually arrived at the Madrid Río Park, where a stage had been set up for the team to celebrate. Carmona, who scored the match-winning goal in the Women’s World Cup final, was told soon after the final whistle that her father had passed away. The team has a photo taken with Spanish Prime Minister Pedro Sánchez.

Persons: Queen Letizia, Pierre, Philippe Marcou, Olga Carmona, Carmona, Gonzalo Arroyo Moreno, Vicco, Pedro Sánchez, Manu Fernandez Organizations: CNN, Getty, Spanish, Spain’s Locations: Madrid, Sydney, AFP, Moncloa

☆ What to Know About China’s Real Estate Crisis
▼ + stars: | 2023-08-21 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

Tremors in China’s real estate market are shaking the country’s economy, as well as the world, which has come to rely on China as a reliable engine of growth. A long-running building boom that propelled China’s growth has come to a halt, threatening the jobs and savings of millions of households. Here’s what you need to know:What’s going on with real estate and China’s economy? For decades, China’s economy was dependent on a booming real estate sector fueled by population growth. The housing market created jobs and served as a place to store wealth for China’s growing middle class.

Locations: China

[1/2] Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. The Panama Canal Authority has reduced maximum ship weights and daily ship crossings in a bid to conserve water. Container ships are the most common users of the Panama Canal and transport more than 40% of consumer goods traded between Northeast Asia and the U.S. East Coast. Some shipping executives are bracing for more reductions later this year, noting that in 2020 a less severe drought prompted canal operators to reduce crossings to 27 per day. "The Panama Canal is just the latest example."

Persons: Aris Martinez, Max, Drew Lerner, Peter Sand, Steve Ferreira, STRI's Steven Paton, Paton, Brian Bourke, Lisa Baertlein, Marianna Parraga, Elida Moreno, Louise Breusch Rasmussen, Deepa Babington Organizations: Monrovia NSU CHALLENGER, REUTERS, ANGELES, Evergreen Marine, Pacific, Panama Canal Authority, Northeast, U.S ., Smithsonian Tropical Research, El Nino, Central American, Canal Authority, SEKO Logistics, Thomson Locations: Cocoli, Panama, Panama City, HOUSTON, China, U.S, Northeast Asia, U.S . East Coast . U.S, United States, Chile, Brazil, Suez, Gatun Lake, El, U.S . East Coast, Los Angeles, Houston, Copenhagen

☆ Ecuador election: assassinations cast a grim shadow as country selects a new president
▼ + stars: | 2023-08-20 | by ( Tara John | ) edition.cnn.com time to read: +8 min

Nearly 100,000 troops will be dispatched to ensure public safety and order across Ecuador on election day, Ecuador’s government says. Friends, family members and supporters of Ecuadorean presidential candidate Fernando Villavicencio attend a tribute at Quito Exhibition Center. Henry Romero/ReutersEverything to play forAnything could happen in Sunday’s presidential vote, say analysts, who point to the killing of Villavicencio as potentially changing voters’ preferences. Journalist and presidential candidate Christian Zurita gestures next to his running mate, vice presidential candidate Andrea Gonzalez (R), in Quito on August 13, 2023. Ecuador presidential candidate Yaku Perez looks on as he arrives to participate in a presidential debate, in Quito, Ecuador August 13, 2023.

Persons: CNN —, Fernando Villavicencio, Otto Sonnenholzner, Guillermo Lasso, Henry Romero, ”, Laura Lizarazo, “, Glaeldys González, …, Pedro Briones, Luisa González, Rafael Correa, Lizarazo, Rodrigo Buendia, Correa, González, Villavicencio, Christian Zurita, Andrea Gonzalez, Martin Bernetti, Moreno, Erika Paredes, Marcos Pin, ” Lizarazo, Yaku, Yaku Perez, Karen Toro, El, Nayib Bukele –, Bukele, Jan, Vicente Gaibor del Pino Organizations: CNN, Quito Exhibition Center, Reuters, ”, Crisis, Movimiento, Getty, CNN En, Construye’s, Alianza Actuemos Locations: Ecuador, Colombia, Peru, United States, Guayaquil, Esmeraldas province, Quito, AFP, Belgium, Samborondon

☆ Why Hawaii Is Scrutinizing Hawaiian Electric in the Maui Fire
▼ + stars: | 2023-08-17 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

It could take months for officials to identify what caused the fire in Maui last week. But some plaintiffs’ lawyers and investors have already begun to blame Hawaiian Electric, the state’s largest utility. Lawyers have filed at least four lawsuits against the company. The suits contend that the company was negligent in the operation and maintenance of its equipment. Hawaiian Electric’s stock price has fallen around 68 percent since Aug. 7, the day before the wildfire started, to about $12 on Thursday.

Organizations: Lawyers Locations: Maui, California

☆ Factbox: Top five candidates vying for presidency of Ecuador
▼ + stars: | 2023-08-17 | by ( Alexandra Valencia | ) www.reuters.com time to read: +4 min

She was leading voting intention with about 30% in recent polls, though no polls have been published since Villavicencio's killing. The 54-year-old widower has promised to fight crime with better social programs and data-driven security policies. OTTO SONNENHOLZNERSonnenholzner, a 40-year-old businessman and economist, has promoted himself as a young policymaker seeking to bring "peace, money and progress" to Ecuador. JAN TOPICTopic, 40, a private security and telecommunications businessman, has promised security would be his first and most important focus if elected. Already-printed ballots will show Villavicencio's name and photo, but the electoral authority has said votes will be counted for his replacement.

Persons: Yaku Perez, Henry Romero, Guillermo Lasso, Fernando Villavicencio, LUISA GONZALEZ Lawyer Gonzalez, Rafael Correa, Gonzalez, Correa, YAKU PEREZ, Perez, Carlos, Yaku, OTTO SONNENHOLZNER Sonnenholzner, Lenin Moreno, Moreno, Sonnenholzner, El, Nayib Bukele, CHRISTIAN ZURITA Zurita, Zurita, Fernando, Alexandra Valencia, Oliver Griffin, Julia Symmes Cobb, Aurora Ellis Organizations: REUTERS, Rights, French Foreign Legion, Central, Reuters, Thomson Locations: Quito, Ecuador, Rights QUITO, Here's, Belgium, Choco, Ukraine, Central American

Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. The Panama Canal is important for moving consumer goods from Asia to the United States, especially ahead of peak selling seasons like Christmas. The Canal also is maintaining a suspension of extraordinary auctions for transit slots in both locks through Sep. 2. "Demand remains high, which proves that the Panama Canal is still competitive in most segments, even with measures taken to save water," the authority added. The Panama Canal has a 40%-market share of containers moving from Northeast Asia to the U.S. East Coast.

Persons: Aris Martinez, Elida Moreno, Marianna Parraga, Gary McWilliams, Grant McCool Organizations: Monrovia NSU CHALLENGER, REUTERS, PANAMA CITY, Panama Canal Authority, Canal Authority, U.S ., Thomson Locations: Cocoli, Panama, Panama City, PANAMA, Asia, United States, South, Pacific Coast, Northeast Asia, U.S . East Coast

☆ Armenia-Azerbaijan: 'Reasonable' to believe genocide being committed, former ICC chief prosecutor says
▼ + stars: | 2023-08-11 | by ( Eve Brennan | ) edition.cnn.com time to read: +3 min

CNN —A former International Criminal Court chief prosecutor has said there is “reasonable basis to believe that genocide is being committed against Armenians” in the contested region of Nagorno-Karabakh. Armenia and Azerbaijan have been battling over the region for decades. On Monday, UN experts urged Azerbaijan to lift a blockade on the Lachin corridor, the sole road connecting Nagorno-Karabakh to Armenia. An Azerbaijani checkpoint at the entry of the Lachin corridor, the Armenian-populated breakaway Nagorno-Karabakh region's only land link with Armenia, on July 30. “It is essential to ensure the safety, dignity, and well-being of all individuals during this critical time,” they added.

Persons: CNN —, ”, Luis Moreno Ocampo, Ocampo, KAren Minasyan, Vahe, Josep Borrell, “, Antony Blinken, Blinken, Karabak Organizations: CNN, Criminal Court, ICC, UN Security, Deputy, European Union, EU Locations: Nagorno, Karabakh, Eastern Europe, Western Asia, Azerbaijan, Armenia, Netherlands, UNHCR, Azerbaijani

☆ How Long Will Companies Keep Raising Prices on Consumer Goods?
▼ + stars: | 2023-08-10 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: 1 min

Food prices have gone up at a faster rate than other consumer goods over the past year, and it’s unclear when prices will stop rising. Food can vary widely in price as companies shoulder costs like ingredients and labor, which can be volatile. Companies say consumers have stayed loyal despite the price increases but are starting to pull back. Many consumer goods companies have raised prices by double-digit percentages in the past year, a move they often attribute to rising commodity prices. Hershey’s, for example, has said rising costs for sugar and cocoa — a result of weather conditions where those staples are grown — are to blame for its price increases.

Organizations: Companies

Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. REUTERS/Aris Martinez/File PhotoPANAMA CITY, Aug 10 (Reuters) - The drought-hit Panama Canal has temporarily limited the number of new reserved passage slots to help ease a bottleneck of ships that are waiting to transit without reservations, the waterway's authority said on Thursday. The canal, however, in June postponed further restrictions that would have required ships to lighten their loads to more easily pass. The bottleneck of vessels waiting to pass, however, has grown, prompting logistics and supply chain experts to predict more disruptions. Still, the bottleneck will not fall as hard on shippers as pandemic-era mishaps, including the Suez Canal blockage in 2021, according to shipping firms and customers.

Persons: Aris Martinez, Ricaurte Vasquez, Anatol Feygin, Rolf Habben Jansen, Lloyd, Elida Moreno, Marianna Parraga, Lisa Baertlein, Marguerita Choy Organizations: Monrovia NSU CHALLENGER, REUTERS, PANAMA CITY, Reuters, El, El Nino, Walmart, Cheniere Energy, Thomson Locations: Cocoli, Panama, Panama City, China, El, Suez

☆ China’s Exports Fall Again, Imperiling Its Economic Recovery
▼ + stars: | 2023-08-08 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

In the first seven months of the year, exports to the United States declined 18.6 percent compared with the same period last year, while shipments to the European Union fell 5 percent. Exports to Russia, which has been hit with Western sanctions over its invasion of Ukraine, increased more than 70 percent. “There has been general weakness in demand for China’s exports,” he said. A real estate crisis and weak spending by consumers have put pressure on Beijing to increase exports to help stabilize the economy. But the trade numbers released on Tuesday suggest weak demand may exacerbate a global slowdown.

Persons: Paul Donovan, ” Organizations: European Union, UBS, Officials, China Locations: United States, Russia, Ukraine, Mexico, Canada, China, Beijing

☆ Hoping to Stay in the Shohei Ohtani Business
▼ + stars: | 2023-08-08 | by ( Scott Miller | ) www.nytimes.com time to read: +2 min

By retaining him at the deadline, the Angels clung to what they feel is an important piece of rope tethering the two sides together. He has been given the creative space to flourish both as a hitter and as a pitcher. And the club has shielded him from the news media, ensuring that all of this is possible without much outside interruption. Additionally, the Giolito acquisition helped push the Angels over the $233 million luxury-tax threshold — a first under the owner Arte Moreno. Club officials feel his impact daily as they watch the throng of fans entering Angel Stadium.

Persons: Edgar Quero, Ky Bush, Arte Moreno, ” Minasian, Moreno, “ I’ve, Atlanta’s Ronald Acuña Jr, “ Organizations: Rivals, Dodgers, Angels, Angels . Club, Angel, Minolta Locations: Yokohama

☆ Panama blasts Colombia for inaction on Darien Gap migrants
▼ + stars: | 2023-08-05 | by ( Elida Moreno | ) www.reuters.com time to read: +2 min

PANAMA CITY, Aug 4 (Reuters) - The head of Panama's migration agency lashed out at Colombia on Friday, slamming its southern neighbor for failure to help control the flow of mostly U.S.-bound migrants passing through the dangerous Darien Gap amid a surge of people traveling north. "For Panama, this is a crisis, but unfortunately with Colombia we have not been able to reach any kind of understanding," Gozaine said in a statement released on Friday. The dense tropical jungle of the 60-mile (97-km) Darien Gap links Panama and Colombia, covering a missing section on the Pan-American highway, which stretches from Alaska to Argentina. Late last month, Panama's security ministry released data showing that the number of individual crossings of the Darien Gap reached an all-time high of nearly 250,000 in the first seven months of the year. "The only thing that Panama can do is manage the flow and permit (migrants) to keep traveling north and try to minimize the damage to Panama," she said.

Persons: Samira Gozaine, Gozaine, Elida Moreno, David Alire Garcia, Tom Hogue Organizations: PANAMA CITY, Panamanian, Pan, Thomson Locations: PANAMA, Colombia, Panama, Darien, Alaska, Argentina, United States

☆ Panama Canal seen losing $200 mln next year as ship crossings dip
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +1 min

Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. Specifically, between 30 and 32 ships are expected to cross daily during the new fiscal year which starts in October, said canal administrator Ricaurte Vasquez at an event. That compares to the 36 to 38 ships that transit the waterway when it operates at full capacity. The $200 million cut would reduce the canal's revenues for the 2023-2024 fiscal year to $4.9 billion. Panama typically sees heavy rains in July, and the canal authority has called the lack of precipitation "historically unprecedented."

Persons: Aris Martinez, Ricaurte Vasquez, Elida Moreno, David Alire Garcia Organizations: Monrovia NSU CHALLENGER, REUTERS, PANAMA CITY, Thomson Locations: Cocoli, Panama, Panama City

☆ ‘You Have to Work Extra to Hire People’: What Companies Have Been Saying About Jobs
▼ + stars: | 2023-08-04 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

As companies reported their latest quarterly earnings in recent weeks, hiring, wages and head counts were popular topics as analysts quizzed executives about their plans. Others said that rising wages remained a worry for their bottom lines. And many still looking to hire said that attracting and retaining workers was difficult as the labor market remained robust. “You have to work extra to hire people and to keep people,” Andrew Watterson, the chief operating officer of Southwest Airlines, said on a call with analysts. Even so, the rate of workers quitting their jobs, a measure of workers’ confidence in their prospects and bargaining power, continued to fall in June, according to data released Tuesday.

Persons: ” Andrew Watterson, ”, Martine Ferland, Mercer, Rick Cardenas Organizations: Southwest Airlines, Darden Restaurants Locations: Olive

☆ Fall in Bud Light Sales Puts Dent in Beer Maker’s Earnings
▼ + stars: | 2023-08-03 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

Anheuser-Busch InBev, the global beer-making giant, on Thursday reported a sharp drop in sales and profit in the United States, as it counted the cost of a conservative-led boycott of Bud Light after the company’s collaboration with a transgender influencer. Bud Light has faced a backlash from conservative commentators and celebrities after Dylan Mulvaney, a transgender influencer, posted a promotion for the beer on social media in April. Bud Light was dethroned by Modelo Especial as the nation’s top-selling beer in retail sales in June. Constellation Brands, which sells Modelo in the United States, reported 7.5 percent growth in beer volumes in its most recent quarter, which ended on May 31, compared with the same period last year. Overall volume at Anheuser-Busch, which also sells Beck’s, Michelob, Stella Artois and many other brands, fell by more than 1 percent in the three months through June.

Persons: Bud Light, Busch, “, Dylan Mulvaney, Anheuser Busch, Stella Artois Organizations: Anheuser, Busch InBev, U.S, Modelo Especial, Constellation Brands, Modelo, Busch Locations: United States

☆ UN calls for regional solutions to curb record migration through Darien Gap
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +1 min

A group of migrants from different countries walk through the Darien Gap, as they continue their journey to the U.S. border, in Acandi, Colombia July 9, 2023. Official data shows 248,901 people crossed the dangerous stretch between January and July, surpassing the record high seen for all of 2022. The "dramatic" numbers show a need for joint efforts to address the root causes of forced displacement and irregular migration, the UN refugee agency and the International Organization for Migration (IOM) said in a statement. Migrants crossing the Darien Gap are mostly from Venezuela, while Haitians and Ecuadorians make up the next two largest groups. Crossings through the jungle are expected to surpass 400,000 this year, according to the UN, well up from nearly 250,000 in 2022.

Persons: Adri, Michele Klein Solomon, Ecuadorians, Elida Moreno, Gerry Doyle Organizations: REUTERS, PANAMA CITY, United Nations, UN, International Organization for Migration, Migrants, Thomson Locations: Darien, U.S, Acandi, Colombia, Panama, Venezuela

☆ 3 people who tip for almost everything explain why they do so even if the service is bad — and how much extra they usually leave
▼ + stars: | 2023-08-01 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

While many customers don't tip, those who do are helping businesses keep their prices stable. Some people are happy to tip almost every time they are prompted, and they're helping businesses pay their employees more without cutting into profits or raising prices. Farley told Insider that he usually leaves at least a small tip whenever businesses prompt him, even if it's for something that didn't require much "actual service" — like buying a drink at the counter. A similar story is playing out at businesses across the country, Laurence Kotlikoff, an economics professor at Boston University, previously told Insider. Personal experience working in the service industry causes some customers to tip almost every chance they getCamille Rogers, a 25-year-old Manhattan-based publicist, told Insider that she usually tips whenever it's an option.

Persons: Ryan Farley, Farley, They're, Dan Moreno's, Moreno, Laurence Kotlikoff, Camille Rogers, Rogers, KaLyn McCullough, McCullough Organizations: Service, Boston University, Rogers Locations: Wall, Silicon, Austin , Texas, Dan Moreno's Miami, Manhattan, Hartford , Connecticut

CNN —A man’s body was found inside a plastic barrel at a beach in Malibu, California, after a lifeguard spotted the unusual item floating offshore, officials announced. The body was inside a 55-liter black drum, which was discovered at Malibu Lagoon State Beach, Lieutenant Hugo Reynaga with the Los Angeles County Sheriff’s Department said Monday. Homicide investigators are examining the circumstances surround the death of the man, who was identified as a Black adult, the sheriff’s department said in a release. A state park maintenance worker first spotted the large drum floating in the lagoon around 3 p.m. Sunday, Reynaga said. Around 10 a.m. Monday, the lifeguard swam out to get the barrel from the lagoon and opened it on shore, finding a “non-responsive” person inside, the lieutenant said.

Persons: Hugo Reynaga, Reynaga, Jorge Moreno Organizations: CNN, Los, Los Angeles County Sheriff’s Department, California State Parks Locations: Malibu , California, Malibu Lagoon, Los Angeles, California

☆ Migration through Panama's perilous Darien Gap hits all-time high
▼ + stars: | 2023-08-01 | by ( Elida Moreno | ) www.reuters.com time to read: +1 min

PANAMA CITY, July 31 (Reuters) - The number of people crossing the treacherous Darien Gap linking Panama and Colombia hit an all-time high in the first seven months of the year, figures released on Monday showed, with July seeing a sharp jump despite recent efforts to curb the trend. Official data showed 248,901 people walked through the jungle area between January and July, already surpassing the record of 248,284 recorded for the whole of 2022, with most aiming to reach the United States, according to data from Panama's Security Ministry. Entries to Panama from Colombia through the jungle region have continued to rise despite a two-month program launched in April by the United States, Panama and Colombia to tackle undocumented immigration. The flow of migrants has skyrocketed from previous years, despite the start of the rainy season, Panama's Security Minister Juan Pino said earlier this month. Reporting by Elida Moreno; Writing by Valentine Hilaire; Editing by Cynthia OstermanOur Standards: The Thomson Reuters Trust Principles.

Persons: Juan Pino, Maria Saravia, Elida Moreno, Valentine Hilaire, Cynthia Osterman Organizations: PANAMA CITY, Panama's Security, Panama's, United Nations, Thomson Locations: PANAMA, Panama, Colombia, United States, Venezuela, Haiti, Ecuador

☆ The Peso Is Strong and a Problem for Mexicans Working Abroad
▼ + stars: | 2023-07-31 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

Mr. Solis, who earns about $3,500 a month delivering for apps like DoorDash, used to send about $1,500 monthly. Since the spring, he has had to send more than $2,000 to cover the same expenses, something he does by working longer days. That means each dollar Mr. Solis sends covers less of the budget back home. In 2022, those working abroad, primarily in the United States, sent more than $61 billion to Mexico. The largest portion of that money goes to food and clothes, followed by health care, according to the Wilson Center, a Washington research organization.

Persons: Antonio Solis, Solis Organizations: Wilson Locations: New York City, Monterrey, Mexico, India, United States, Washington

☆ Big Consumer Companies Keep Raising Prices, Complicating Fed’s Job
▼ + stars: | 2023-07-26 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

Coca-Cola, PepsiCo and Unilever have each reported raising prices significantly in the second quarter, from about 8 percent at Unilever to 15 percent at Pepsi. The companies raised their full-year forecasts for various measures, pushing up their share prices. The Fed’s main tool to tackle inflation is raising interest rates, which reduces demand for goods and services. But food prices can be particularly sticky: Unlike other goods, consumers cannot stop buying food, and food prices are particularly sensitive to external factors like supply shocks, ingredient prices and geopolitics. “The Fed really has no ability to resolve those issues,” said David Ortega, a food economist at Michigan State University.

Persons: ”, David Ortega Organizations: Federal Reserve, Cola, PepsiCo, Unilever, Pepsi, Michigan State University Locations: Ukraine

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