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How to Prepare Every Part of Your Life for a Recession
  + stars: | 2023-10-16 | by ( Tanza Loudenback | ) www.wsj.com   time to read: +13 min
But a recession brings other threats too, like the potential for major stock market swings that can derail financial goals. As soon as the line begins to tick upward again, the economy exits a recession and enters an expansion. Are we in a recession or is a recession coming? How to preparePreparing your finances for a recession isn’t all that different from practicing good money habits in your daily life. You’ll likely have to make some real-time adjustments to meet short-term goals while enduring a recession, McCoy says.
Persons: Loudenback, it’s, , Ross Hamilton, Raymond James, you’ve, Hamilton, aren’t, “ You’ve, Eric Roberge, ” Roberge, Megan McCoy, , ’ ”, McCoy, You’ll, ” Hamilton, you’re, “ There’s, there’s, ” McCoy, Roberge, ‘ I’ve Organizations: Wall Street, National Bureau of Economic Research, Kansas State University Locations: U.S, Bethesda, Md, Boston, Hamilton
At the hands of Hamas, the Jewish people have endured horrors not seen since the Holocaust. My father hated that Hamas had dominated the conversation and positioned itself as the face of Gaza worldwide. Like many people from Gaza, my father knew that if you spoke up against these tyrannical oppressors, you were swiftly dealt with. Among the hard right, many people are conflating Palestinians with Hamas to justify the flattening of Gaza. The truth is, Hamas is not Gaza, and Gaza is not Hamas.
Persons: Yasmine Mohammed, , , Gazans, Israel, Qaeda, Bassem Organizations: Free, CNN, Hamas, Brotherhood, ISIS, Twitter Locations: Gaza, Israel, Egypt, San Francisco, Montreal, al Qaeda, Iran
Bergen: How does Hamas impact the more secular Palestinian Authority, which controlled Gaza until 2007 before Hamas violently pushed them aside? They don’t have any other aims like Hamas because Hamas is a religious, social, political movement and terror organization at the same time. Yousef Masoud/The New York Times/Redux Smoke rises after Israeli strikes on the seaport of Gaza City on Tuesday, October 10. Tamir Kalifa/The New York Times/Redux Palestinians walk amid the rubble following Israeli airstrikes in Gaza City on October 10. Erik Marmor/AP Six-month-old Sama Alwadia is rescued from the rubble in Gaza City on October 9.
Persons: Peter Bergen, , CNN — Kobi Michael, Michael, Kobi Michael, Mohammed Deif, Marwan Issa, He’s, he’s, Deif, Israel, They’ve, Israel doesn’t, It’ll, Hatem Ali, Antonio Macías, Macías, Francisco Seco, Fatima Shbair, Mohammed Saber, Eli Albag, Liri, Mohammed Talatene, Sergey Ponomarev, Violeta Santos Moura, Dor Kedmi, Mahmud Hams, Saher, Hatem Moussa, Abraham Cohen, Valentin Ghnassia, Ghnassia, Alexi J . Rosenfeld, Yuri Cortez, Yousef Masoud, Ibrahim Hams, Bashar Taleb, Baz Ratner, Jack Guez, Khan, Abed Rahim Khatib, Yahya Hassouna, Mapal Adam, Abed Zagout, Tamir Kalifa, Agha, Ibraheem Abu Mustafa, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, Mohammed Salem, CNN Sergey Ponomarev, Mohammed Abed, Eden Guez, Atef Safadi, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Belal Khaled, Samar Abu, Amir Cohen, Ilai Bar Sade, Erik Marmor, Ali Jadallah, Oren Ziv, Ronen Zvulun, Majdi, Ilia Yefimovich, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Jalaa Marey, Oded, Khan Younis, Ahmad Hasballah, Mohammed Fayq Abu Mostafa, Tsafrir, Ahmad Gharabli, Mustafa Hassona, Ilan Rosenberg, Eyad Baba, Itai Ron, Hadas Parush, Yasser Arafat’s, David, Bill Clinton Organizations: New, Arizona State University, Apple, Spotify, CNN, Peter Bergen CNN, Tel, for National Security Studies, Palestinian, National Security Council, Ministry of Strategic Affairs, Hamas, Qassam, Israel, West Bank, Palestinian Authority, PLO, Israel Defense Forces, Gaza, Haim, AP, New York Times, Reuters, Getty, Aris Messinis, Mount, Mount Herzl Military, Nova, Anadolu Agency, Nova Festival, Ben Gurion, Shifa, Rockets, Israel's, United Nations, Reuters Police, Reuters Rockets, US Locations: New America, Gaza, Lebanon, Israel, Tel Aviv, Bergen, Iran, Qatar, Egypt, You’re, Palestinian, Jihad, Hamas, Gaza City, Rafah, Kfar Saba, Al, Israeli, Be'eri, Rehovot, AFP, Mount Herzl, Jerusalem, Kibbutz Be'eri, Sderot, Khan Younis, Modiin Maccabim, Kfar Aza, Ashkelon, Mount Herzel, Samar, Samar Abu Elouf, Yassin, Beitar Ilit, Ramat Gan, Kiryat Shmona, Itai, Beit Hanun, Rishon Lezion, Samaria, Saudi Arabia, United States of America
Palestinian President Mahmoud Abbas addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 21, 2023. The comments, published by WAFA on its website, came during a phone call between Abbas and Venezuelan President Nicolas Maduro. Abbas' Palestinian Authority exercises limited self-rule in the Israeli-occupied West Bank. He has long been opposed to Hamas, which seized control of Gaza in 2007 and ousted Fatah party forces loyal to Abbas. Abbas also heads the PLO, the umbrella group that represented the Palestinians in past U.S.-sponsored peace talks with Israel.
Persons: Mahmoud Abbas, Brendan McDermid, WAFA, Abbas, Nicolas Maduro, Fatah, Rami Ayyub, Hatem Maher, Ahmed Tolba, Deepa Babington, Lisa Shumaker, Sonali Paul Organizations: General Assembly, REUTERS, Palestinian, Palestine Liberation Organization, PLO, Hamas, Palestinian Authority, West Bank, Thomson Locations: New York City, U.S, Gaza, Israel
A woman passes the logo from the web search engine provider Google during the digital society festival 're:publica', at the Arena Berlin in Berlin, Germany June 9, 2022. REUTERS/Annegret Hilse/File Photo Acquire Licensing RightsBERLIN, Oct 12 (Reuters) - Google (GOOGL.O) has agreed to pay German publishers 3.2 million euros ($3.38 million) a year for its publication of news content pending a decision from the German patent office (DPMA) on the issue, the sides said in separate statements on Thursday. The U.S. search engine operator reached the agreement with Corint Media, an umbrella organisation that represents the interests of German and international publishers including Sat.1, ProSieben, RTL, Axel Springer and CNBC. The sides had previously agreed on a one-off payment of 5.8 million euros by Google for the period since the introduction of new press ancillary copyright legislation in 2021. ($1 = 0.9481 euros)Reporting by Klaus Lauer, Writing by Friederike Heine, Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.
Persons: Annegret, Axel Springer, Christine Jury, Fischer, Klaus Lauer, Friederike Heine, Miranda Murray Organizations: Google, Arena, REUTERS, Rights, Corint Media, Sat, RTL, CNBC, Spiegel, Zeit, Corint, Thomson Locations: Berlin, Germany, U.S
New York CNN —Anti-Defamation League CEO Jonathan Greenblatt slammed Corporate America’s response to the terror attacks on Israel as “disappointing at best, disastrous at worst.”“We have arguably the most vibrant commercial sector on the planet. Where were you when your Jewish employees needed you?” Greenblatt said of the CEOs. Greenblatt credited JPMorgan Chase CEO Jamie Dimon, Hewlett Packard Enterprise CEO Antonio Neri and other executives who condemned the terror attacks and pledged solidarity with the people of Israel. “In America, your Jewish employees are dealing with something that is qualitatively and quantitatively different than any time in living memory. “This is not just some far-off conflict – though that would be enough for CEOs to speak out,” Greenblatt said.
Persons: Jonathan Greenblatt, ” Greenblatt, , George Floyd, Izzat, Greenblatt, Chase, Jamie Dimon, Antonio Neri, ” Dimon, ” Kathryn Wylde, Martin Luther King, Jr, Organizations: New, New York CNN, Defamation, CNN, ADL, Israeli Defense Forces, Hamas, Wednesday, Hewlett Packard Enterprise, US Chamber of Commerce, Business, , World Trade, Partnership, Companies, Accenture, Adidas, Eagle, NASCAR, NBA, New York Locations: New York, Israel, Kfar Aza, Israeli, York, New York City, United States, France, United Kingdom
Alphabet 's AI lab, DeepMind, cut employee costs by 39% last year, according to a recent filing with a U.K. government agency. For the 2022 financial year, staff costs and other related expenses were 594.5 million pounds (nearly $731 million), down from 969.4 million pounds (nearly $1.2 billion) in 2021 — translating to an almost 39% reduction in employee costs, per the filing. Following DeepMind's employee cost cuts in 2022, Alphabet executives discussed plans to allocate resources to key revenue drivers, such as AI, on its first-quarter earnings call of 2023. "Beginning in the second quarter of 2023, the costs associated with teams and activities transferred from Google Research will move from Google Services to Google DeepMind within Alphabet's unallocated corporate costs," Pichai said during a spring earnings call. DeepMind's 2022 profit was about 60.9 million pounds (nearly $74.9 million), down from 102.4 million pounds (nearly $126 million) in 2021 — a decrease of more than 40%.
Persons: DeepMind, Sundar Pichai, Pichai Organizations: Google, Google Research, Google Services Locations: Edmonton, Canada
Hope Vicious is a financial dominatrix whose "owned subs" send her money. Many were time wasters who didn't end up sending money, but within my first month, I was making money. But then they get all this free attention with no real intention of sending money. AdvertisementAdvertisementHow my findomme business worksSome people send money because they want to be humiliated or ignored, or I'll do a session with them. I have up to seven owned subs at a time.
Persons: Hope Vicious, , It's, wasters, doesn't, There's, I've, I'm Organizations: Service, Twitter, Rolex, BMW Locations: Maryland
Remnants of Typhoon Koinu bring floods to Hong Kong
  + stars: | 2023-10-09 | by ( ) www.reuters.com   time to read: +2 min
A woman struggles with an umbrella while walking against strong wind, as Typhoon Koinu approaches, in Hong Kong, China October 8, 2023. REUTERS/Tyrone Siu Acquire Licensing RightsHONG KONG, Oct 9 (Reuters) - Hong Kong saw heavy flooding on Monday as the remnants of Typhoon Koinu brought heavy rains and strong gales, with many areas inundated with water just a month after the city was paralysed by record-breaking rainfall. Koinu had weakened into a severe tropical storm but still brought gale-force winds and heavy rain, the city's Observatory said. It is due to reopen in the afternoon as strong winds are expected to ease later in the day. Reporting by Farah Master in Hong Kong and Liz Lee in Beijing; Editing by Stephen Coates and Lincoln Feast.
Persons: Koinu, Tyrone Siu, Typhoon Koinu, Farah Master, Liz Lee, Stephen Coates Organizations: REUTERS, Tyrone, city's, . Schools, RTHK, Express, Services, MTR, China Meteorological Administration, Thomson Locations: Hong Kong, China, HONG KONG, China's, Guangdong, Hong, Taishan, Zhuhai, Hainan, Fujian, Beijing, Lincoln
Strained France-Germany ties slow EU decision making
  + stars: | 2023-10-09 | by ( Michel Rose | ) www.reuters.com   time to read: +6 min
From joint defence programmes to nuclear energy or relations with China, Paris and Berlin are at odds over a growing number of issues. In an August speech Macron made his frustration public, calling Germany's position on nuclear energy "a historic mistake". Germany decided to phase out nuclear energy after Japan's Fukushima disaster in 2011, closing its last reactors in April. It is unclear if France and Germany can hash out a deal in Hamburg ahead of a crucial EU energy meeting on Oct. 17, but analysts are doubtful. Although the concept was criticised for having failed with Russia, German officials believe trade ties with a country like China could prevent conflict.
Persons: Emmanuel Macron, Olaf Scholz, Sarah Meyssonnier, Macron, Detlef Seif, Marc, Antoine Eyl, Wolfgang Munchau, hasn't, Wandel, Handel, Noah Barkin, Sarah Marsh, Kate Abnett, Michel Rose, Rachel Armstrong, Elaine Hardcastle Organizations: Weimar, REUTERS, German Christian Democratic Union, BASF, Reuters, EDF, Franco, GMF, Thomson Locations: Paris, France, Hamburg, Berlin, China, German, Germany, Ukraine, Europe, EU, Franco, Italian, Russia, Brussels, Beijing
ISLAMABAD (AP) — A senior Taliban delegation was visiting western Afghanistan’s Herat province on Monday in the aftermath of the powerful earthquake that killed at least 2,000 people over the weekend and flattened entire villages, a statement said. Aid agencies and nongovernmental groups have appealed for the international community to come forward but only a handful of countries have publicly offered support, including neighboring China and Pakistan. “CARE is deeply saddened by the devastating earthquake that struck the western province of Herat," said Reshma Azmi, the group's deputy director for Afghanistan. "This comes less than seven months after another powerful earthquake hit the country, leaving thousands homeless and displaced.”Azimi was referring to the magnitude 6.5 earthquake in March that struck much of Pakistan and neighboring Afghanistan. In neighboring Pakistan, the government held a special session to review aid for Afghanistan, including relief teams, food items and medicines, as well as tents and blankets.
Persons: , Abdul Ghani Baradar, Reshma Azmi, Azimi, , , Thamindri de Silva, Irfanullah Organizations: Taliban, Geological Survey, Aid, CARE USA, CARE International, CARE, Afghan Red Crescent Society Locations: ISLAMABAD, Herat, Kabul, The U.S, Afghanistan, Israel, Gaza, China, Pakistan
CNN —Hackers aligned with Vietnam tried to use social media platforms X and Facebook to install spyware on the phones of dozens of high-profile targets, including US lawmakers, United Nations officials and CNN journalists, Amnesty International said Monday. Researchers with Google’s Threat Analysis Group, which tracks state-backed hackers, told CNN the Twitter account spreading the spyware appears to be based in Vietnam. For years, cybersecurity researchers and human rights activists have documented the proliferation of spyware designed to break into mobile phones and steal their contents. “Clearly these tools are being exported from the EU to states with terrible human rights records,” Ó Cearbhaill, of Amnesty International, told CNN. “Meanwhile, if European lawmakers won’t bring consequences to reckless vendors, they need to get comfortable with being targeted,” Scott-Railton told CNN.
Persons: Democratic Sens, Gary Peters, Chris Murphy, Michael McCaul, tweeting, Cearbhaill, Ó Cearbhaill, McCaul doesn’t, Leslie Shedd, Shedd, Murphy, , Peters, Joe Biden, ” Ó, ” John Scott, ” Scott, Railton Organizations: CNN, Facebook, United Nations, Amnesty, , Democratic, Republican, House Foreign, Amnesty International’s, Washington Post, Google’s, State Department, NSO Group, Intellexa, US Commerce Department, Amnesty International, University of Toronto’s, Commerce Locations: Vietnam, Washington ,, Washington, Africa, North Macedonia, Europe
Morning Bid: A welcome calm, but keep your umbrella handy
  + stars: | 2023-10-06 | by ( ) www.reuters.com   time to read: +2 min
A general view shows the trading floor at the stock exchange in Frankfurt, Germany October 2, 2017. Reuters GraphicsToday, U.S. yields have found a place to rest at 4.72%, the yen is sitting comfortably around 148.50, and Brent is building a floor above $84. APAC stocks are firm, including a welcome 1.8% rally in Hong Kong that paints a rosier backdrop for the mainland market's return from a weeklong holiday on Monday. If sentiment holds in Asia, European stocks can hope to build on yesterday's rebound from March lows. BOJ actions also run counter to the government's desire to put a floor under the yen.
Persons: Kai Pfaffenbach, Kevin Buckland, Brent, Muralikumar Organizations: REUTERS, Reuters Graphics Today, of, Thomson Locations: Frankfurt, Germany, U.S, Hong Kong, Asia, Tokyo
Bank of America initiates Wingstop as buy Bank of America said shares of the wing restaurant company are attractive. " Bank of America downgrades Carrier to underperform from neutral Bank of America said it sees residential headwinds. "We are initiating on the Alternative Asset Management sector with a Market Overweight rating. Deutsche Bank initiates AIG as buy Deutsche Bank initiated the insurance company with a buy and says shares are de-risked. Bank of America reiterates American Express as a top pick Bank of America said the credit card company is its favorite idea in the sector. "
Persons: Stifel, Wedbush, Morgan Stanley, Ford, CARR, Parker, ITW, Raymond James downgrades Clorox, Raymond James, CLX, Johnson, Wolfe, Bernstein, Chubb Organizations: BMO, Sinclair, Oculis, Citizens, CIT Group, Bank, JPMorgan, Barclays, Meta, Bank of America, Ford, General Motors, GM, UAW, of America, Nvidia, ISI, RBC, Johnson, Pharma, KKR, Alternative, Management, Asset Management, CART, Deutsche Bank, AIG, Citi, O'Reilly Automotive, O'Reilly, American Express Locations: CY24, U.S
CNN —The Northern Hemisphere may be transitioning into fall, but there has been no let up from extreme heat. New data shows last month was the hottest September – the fourth consecutive month of such unprecedented heat – putting 2023 firmly on track to be the hottest year in recorded history. That’s well above the 1.5 degrees Celsius threshold to which countries aim to limit global warming under the Paris Climate Agreement. The extreme September “has pushed 2023 into the dubious honor of first place – on track to be the warmest year and around 1.4 degrees Celsius above pre-industrial average temperatures,” Burgess said. The significant margin by which heat records are being broken matters, she told CNN.
Persons: Copernicus, , Samantha Burgess, Paulo Amorim, Zeke Hausfather, Maximiliano Herrera, ” Herrera, Chris Ratcliffe, ” Burgess, El Niño, Friederike Otto, ” Otto Organizations: CNN, Bloomberg, Oceanic, Atmospheric Administration, Grantham Institute, Climate, , United Locations: Paris, Libya, Greece, Bulgaria, Turkey, Canada, South America, York, Brazil, Spain, Poland, Austria, France, Europe, London, Dubai, United Nations, COP28
Rescue workers clear the rubble from a damaged mosque, after a suicide blast in Hangu, Pakistan September 29, 2023. It was not immediately clear how Pakistani authorities could ensure the illegal immigrants leave, or how they could find them to expel them. Bugti said some 1.73 million Afghan nationals in Pakistan had no legal documents to stay, adding a total of 4.4 million Afghan refugees lived in Pakistan. "There are no two opinions that we are attacked from within Afghanistan and Afghan nationals are involved in attacks on us," he said. Islamabad has received the largest influx of Afghan refugees since the Soviet invasion of Kabul in 1979.
Persons: Stringer, Sarfraz Bugti, Bugti, Asif Shahzad, Jon Boyle, Nick Macfie Organizations: REUTERS, Afghan, State, Thomson Locations: Hangu, Pakistan, ISLAMABAD, Kabul, Afghanistan, Islamabad, Taliban Pakistan, Afghan
ABUJA, Nigeria (AP) — Nigerian government workers on Tuesday continued working after last-minute efforts by authorities averted a nationwide strike to protest growing hardship that could have shut down government services in Africa's most populous country. The indefinite strike by Nigerian labor unions scheduled to start Tuesday is being suspended for 30 days, while meetings and talks with the government will be held over the coming days, said Joe Ajaero, president of the Nigeria Labour Congress, or NLC, which is the umbrella body of the unions. Talks with the labor unions have stalled and a slow start to several intervention efforts resulted in last week’s announcement of the strike. One major source of concern has been intervention efforts, which the labor unions said have been slow. “But the adverse outcomes of the measures, the hardship, were much higher than what many of us expected.”
Persons: Joe Ajaero, Bola, , Muda Yusuf Organizations: Nigeria Labour Congress, NLC, Lagos Chamber of Commerce, Industry, Private Enterprise Locations: ABUJA, Nigeria, Africa's, Lagos
“They (the Americans) don’t want to see Saudi Arabia shifting their armament from America to another place,” Saudi Crown Prince Mohammed bin Salman (MBS) told Fox News’ Bret Baier in an interview last month. Gulf states have over the past few years faced attacks they have blamed on Iran and its proxies, and have found the US’ response to them inadequate. Among the Gulf states, Bahrain, which hosts the US Navy’s Fifth Fleet, was the first to be declared a MNNA in 2002. It is however unclear if the US would commit to a treaty that would require it to come to the Gulf states’ defense in case of attack. The president can offer some concessions without Senate ratification, he said, but that won’t meet Gulf states’ requirements.
Persons: Biden, don’t, Prince Mohammed bin Salman, Bret Baier, Anwar Gargash, , ” Ali Shihabi, Saudi Arabia’s, Israel –, Joe Biden, Jean, Loup, David Des Roches, ” Des Roches, Washington’s, Gargash, Des Roches, Samaan, Organizations: UAE CNN, United, United States ’, United Arab Emirates, Fox News, US, Hoover Institution, Stanford University, Saudi, Washington, MBS, Gulf, NATO Allies, NATO, Fifth, US Central Command, Middle East Institute of, National University of Singapore, , Autonomy, East South Asia Center for Security Studies, Pentagon, Senate, , CNN Locations: Abu Dhabi, UAE, United States, Washington, East, Saudi Arabia, America, Saudi, New York, Iran, U.S, Israel, Japan, South Korea, Tokyo, Seoul, Bahrain, Qatar, China, Russia, Gulf
VATICAN CITY (AP) — A few years ago, Pope Francis told the head of the main Vatican-backed Catholic women's organization to be “brave” in pushing for change for women in the Catholic Church. “Not only because of these events in October in Rome, but because the church has found a different way of being church,” Zervino said in a recent interview in her Vatican offices. It's the culmination of an unprecedented two-year canvasing of rank-and-file Catholics about their hopes for the future of the institution. But the voting reform is nevertheless significant, tangible evidence of Francis’ vision of the Catholic Church as being more about its flock than its shepherds. Zervino’s group, the World Union of Catholic Women’s Organizations, a Vatican-based umbrella organization of 100 Catholic associations, conducted a survey earlier this year of Catholics who participated in the synod consultations.
Persons: Pope Francis, Maria Lia Zervino, Francis, Cardinal Jorge Mario Bergoglio, , ” Zervino, Cardinal Raymond Burke, Francis ’, , Sheila Pires, ” Pires, ” Francis, Nathalie Becquart, Becquart, ” Becquart, Kate McElwee, Zervino, they'll, Sebabatso Mosamo Organizations: VATICAN CITY, Catholic, Catholic Church, World Union of Catholic, Bishops, Associated Press Locations: Argentine, Rome, Africa, Johannesburg, Vatican, North America, Europe,
CNBC Daily Open: Long-term prospects look dim
  + stars: | 2023-09-29 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
Michael Nagle | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineA smattering of positive developments helped investor sentiment yesterday. According to the latest survey by the American Association of Individual Investors, which measures retail investors' sentiment for stocks over the next six months, overall bearishness climbed from 34.6% last week to 40.9%. — CNBC's Scott Schnipper contributed to this report Correction: An earlier version of this report misspelled Rick Rieder's name.
Persons: Michael Nagle, Treasurys, yield's, it's, , Brent, — CNBC's Scott Schnipper, Rick Rieder's Organizations: New York Stock Exchange, Bloomberg, Getty, CNBC, . West Texas, Dow Jones, Nasdaq, AMD, American Association of, Alpha, Treasury, Federal Reserve Locations: New York
No group has claimed responsibility for the blasts, one of which trapped dozens of people under rubble, media said. [1/4]People gather outside the Mastung hospital, following a deadly suicide attack on a religious gathering in Balochistan province, Pakistan, September 29, 2023 in this handout image. The TTP, responsible for some of the bloodiest attacks in Pakistan since its formation in 2007, denied responsibility for Friday's blasts. In July, more than 40 people were killed in a suicide bombing in Khyber Pakhtunkhwa at a religious political party's gathering. The Islamic State militant group claimed responsibility for that attack.
Persons: Prophet Mohammed, Abdul Rasheed, Munir Ahmed, Shaheed Nawab Ghous Bakhsh, Fazal Akbar, Pakistan's, Saleem Ahmed, Mushtaq Ali, Shivam Patel, Gibran Peshimam, Miral Fahmy, Clarence Fernandez, Philippa Fletcher Organizations: Reuters, Geo News, REUTERS Acquire, Militant, Islamic State, Thomson Locations: Afghan, QUETTA, PESHAWAR, Pakistan, Balochistan, Madina Mosque, Khyber Pakhtunkhwa, Balochistan province, Handout, Hangu, Afghanistan, Taliban Pakistan, Peshawar, Quetta, Shahid, Karachi
Trump's lawyers were back on Wednesday before the NY judge who on Tuesday "dissolved" Trump Org. One asked the judge if the LLCs that own the Trumps' homes are covered under the dissolution. But concern – including over the fate of the Trump residences that are held as LLCs under the Trump Org umbrella – was present in abundance. At Wednesday's morning-long hearing, the judge gave Trump's side the 30 days they requested to agree to a receiver. 'You have New York entities that just own a house or a townhouse.
Persons: I'm, , Donald Trump, Trump, Arthur Engoron, Engoron, Letitia James, Barbara Jones, general's, Chris Kise, Don Jr, Kise, I'd, Judge Jones Organizations: NY, Trump, Service, Trump Organization, Trump Org, York, New York, Trump Tower Locations: Manhattan, New York, York
Agustin Carstens leaves after G-20 finance ministers and central banks governors family photo during the IMF/World Bank spring meeting in Washington, U.S., April 20, 2018. His warning comes as central banks around the world push ahead with central bank digital currency (CBDC) development in a bid to make money more high tech and keep up with the features now offered by cryptocurrencies. Some 11 countries have already launched them and next month the European Central Bank is expected to receive the green light to start work on a digital euro. Carstens, whose organisation is overseeing much of the global test work, said central banks have a mandate to meet public demands and have also made significant investments into CBDCs. "It is simply unacceptable that unclear or outdated legal frameworks could hinder their deployment," added Carstens, the former governor of the Mexico's central bank.
Persons: Agustin Carstens, Yuri Gripas, Marc Jones, Josie Kao Organizations: IMF, Bank, REUTERS, Bank for International, BIS, cryptocurrencies, European Central Bank, Thomson Locations: Washington , U.S
Paris CNN —It’s 6.30 a.m. on a late summer morning in Paris. “We heard they were coming to take us today but I am not sure where to,” Obsa, a 31-year-old political refugee from Ethiopia, told CNN. Obsa was relying on emergency housing in a hotel but says it kicked him out after his wife joined him. Some 10 regional temporary shelters, known as SAS, have been set up around the country to welcome the new arrivals outside of Paris, according to the Dihal. The other problem is the lack of emergency housing spaces available in the regions where migrants are being transferred to.
Persons: they’ll, , , Obsa, Dalal Mawad, CNN Obsa, Paul Alauzy, “ Marseille, Claudia Colliva, Yann Manzi, Gerald Darmanin, Emmanuel Macron, Harmonie Lecerf, Meunier, Brice, Meunier of Bordeaux, Sandrine Runel, ” Brice, Abdullatif Organizations: Paris CNN —, CNN, Du, Federation of Solidarity Actors, BFMTV, Paris Prefecture, Ministry of Housing, Paris, Staff, ” Police, Interministerial, of Interior, SAS, Olympic, Utopia, Games, Rugby World, , Medecins Du Monde Locations: Paris, Stalingrad, France, Ethiopia, Sudan, Libya, Italy, de, Bordeaux, , Marseille, French, , ” Bordeaux, Lyon, Afghanistan
The impact of those funds is felt across Africa, where residents in major cities like Lagos, Nairobi and Addis Ababa now transit daily via railways, highways and airports built in recent years with Chinese loans and often by Chinese construction firms. But understanding how much money is flowing out of China into global development is notoriously tricky as Beijing doesn’t share this data openly and a wide range of financial entities play roles. How all this plays out could have a significant impact on developing countries’ access to much-needed infrastructure funding. China is also navigating the second decade of the Belt and Road amid stark economic challenges at home. China in 2017 released guidance on promoting a “green” Belt and Road, which called for sustainable development and strengthening environmental protection.
Persons: laud, Xi, Roberto Matchissa, Oyintarelado Moses, , Moses, Ammar A, Malik, , Austin Strange, Yasuyoshi Chiba, AidData’s Malik, HKU’s Organizations: Hong Kong CNN, Initiative, Boston University Global Development, Center, Getty, CNN, Global China Initiative, Global Development Policy, William, Mary’s Global Research Institute, University of Hong, Global Development Locations: China, Hong Kong, Africa, Beijing, Lagos, Nairobi, Addis Ababa, Ukraine, Maputo, Katembe, Mozambique, AFP, Kazakhstan, Zambia, Ghana, University of Hong Kong, Kenya, United States, China’s
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