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☆ Biden to seek 'unprecedented' Israel aid package; pledges $100 million for humanitarian relief in Gaza and West Bank
▼ + stars: | 2023-10-18 | by ( Amanda Macias | ) www.cnbc.com time to read: +2 min

U.S. President Joe Biden speaks during a visit to Israel amid the war between Israel and Hamas, in Tel Aviv, Oct. 18, 2023. UNITED NATIONS — President Joe Biden reaffirmed America's commitment to Israel on Wednesday in Tel Aviv, where he blamed a deadly hospital blast on militants inside Gaza. Biden also committed $100 million in humanitarian assistance to Gaza and the West Bank, to support the more than 1 million people displaced by the ongoing conflict. The president said he planned to ask Congress for an "unprecedented support package for Israel's defense" but did not elaborate. Biden arrived in Tel Aviv hours after an explosion killed hundreds of people taking shelter at the al-Ahli Arab Baptist Hospital in Gaza.

Persons: Joe Biden, America's, Biden, Benjamin Netanyahu, Isaac Herzog, Israel, Biden's, Mahmoud Abbas, Abdel Fattah el, King Abdullah II, Jordan, Read Organizations: Hamas, UNITED NATIONS, Israel, West Bank, Ahli Arab Baptist Hospital, Israeli, United Nations Locations: Israel, Tel Aviv, Gaza, Ahli, Amman, Jordan, States, Russia

And based on what I’ve seen, it appears as though it was done by the other team, not you. And Americans are worried,” Biden told Netanyahu as they began a bilateral meeting, acknowledging the complex dynamic. Hospital blast looms over tripThe trip comes less than a day after a horrifying blast at Al-Ahli Baptist Hospital in Gaza City. Biden landed in Israel on October 18, on a solidarity visit following Hamas attacks that have led to major Israeli reprisals. “The Jews have been subject to abuse, prejudice and attempts to wipe them out for, oh, God, over a thousand years,” Biden told interviewer Scott Pelley.

Persons: Joe Biden, ”, Biden, Israel –, Benjamin Netanyahu –, ” Biden, Netanyahu, “, ” Netanyahu, Israel, you’ve, King Abdullah II of Jordan, Abdel Fattah el, Mahmoud Abbas, –, Abbas, Benjamin Netanyahu, Evan Vucci, Israel “, Isaac Herzog, CNN Israel readies, Brendan Smialowski, BRENDAN SMIALOWSKI, Brednan Smialowski, it’s, John Kirby, Netanyahu’s, ’, ” Kirby, Scott Pelley, It’s Organizations: CNN, Israel, Tel Aviv Wednesday, Ahli Baptist Hospital, Palestinian, Defense Intelligence Agency, Malaysia Airlines Flight, Hamas, Air Force, Israeli, United, ” Israel, Tel Aviv's, Getty, National Security, Advisers Locations: Israel, Gaza City, Gaza, Tel Aviv, United States, Iran, Jordan, Al, Ahli, Jihad, Russian, Ukraine, Egypt, Tel Aviv's Ben Gurion, AFP, –, Dachau

☆ Israel's Netanyahu says Hamas attack was aimed at derailing peace
▼ + stars: | 2023-10-18 | by ( Rami Amichai | ) www.reuters.com time to read: +5 min

REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsSummary Netanyahu says Hamas attack aimed at derailing peace bidSunak welcomes aid decision for GazaSunak due to meet Saudi crown princeJERUSALEM, Oct 19 (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Thursday the Hamas attack on Israel was aimed at preventing the expansion of peace in the Middle East, and called on British Prime Minister Rishi Sunak to keep supporting Israel's Gaza counteroffensive. Netanyahu said the attack from Gaza by Palestinian Islamist group Hamas, which killed 1,400 people in Israel, was aimed at derailing attempts to establish a wider peace in the region. At least nine British nationals have been killed and seven are still missing since the attack on Israel, Sunak's spokesperson said. In Israel, Sunak met the families of two of the missing, who are believed to have been taken hostage and held in Gaza. The last British prime minister to visit Israel and the occupied West Bank was David Cameron in 2014.

Persons: Benjamin Netanyahu, Joe Biden, Biden, Evelyn Hockstein, Netanyahu, Sunak, JERUSALEM, Rishi Sunak, Crown Prince Mohammed bin Salman, Isaac Herzog, Israel, Herzog, Sunak's, James, Sameh Shoukry, David Cameron, Rami Amichai, Kylie MacLellan, Sarah Young, William James, Alistair Smout, Sachin Ravikumar, Dan Williams, Elizabeth Piper, Angus MacSwan, Alison Williams, Jonathan Oatis Organizations: U.S, Hamas, REUTERS, British, Israel, Crown, Palestinian, West Bank, United Nations, Thomson Locations: Israel, Tel Aviv, Gaza, Saudi, Jerusalem, Saudi Arabia, U.S, British, Egypt, Turkey, Qatar, Britain, London, United States, North Africa, South Asia

Hamas is barred from Facebook, removed from Instagram and run off TikTok. Yet posts supporting the group that carried out terrorist attacks in Israel this month are still reaching mass audiences on social networks, spreading gruesome footage and political messages to millions of people. Several accounts sympathetic to Hamas have gained hundreds of thousands of followers across social platforms since the war between Israel and Hamas began on Oct. 7, according to a review by The New York Times. That account, Gaza Now, is aligned with Hamas, according to the Atlantic Council, a research group focused on international relations. “We’ve seen Hamas content on Telegram, like bodycam footage of terrorists shooting at Israeli soldiers,” said Jonathan A. Greenblatt, the chief executive of the Anti-Defamation League.

Persons: “ We’ve, ”, Jonathan A, Greenblatt, “ Organizations: Facebook, Hamas, The New York Times, Atlantic Council, Defamation Locations: Israel, Gaza

☆ Sirens Interrupt Israeli Parliament Opening
▼ + stars: | 2023-10-16 | by ( Anat Peled | ) www.wsj.com time to read: 1 min

Sirens interrupted the opening of the winter session of the Israeli parliament on Monday evening as a barrage of rockets was detected close to Jerusalem. It couldn't immediately be learned if the missiles were intercepted by Israel's Iron Dome defense shield. Earlier in the session both Israeli Prime Minister Benjamin Netanyahu and the country's president, Isaac Herzog, had addressed parliament, known as the Knesset. We will investigate everything thoroughly,” said Netanyahu in his speech. “But now we are focused on one goal - uniting forces and move forward towards victory.”

Persons: Benjamin Netanyahu, Isaac Herzog, ”, Netanyahu Organizations: Israel's Locations: Jerusalem

☆ Israel-Hamas war: Diplomatic aid efforts ramp up for 'strangled' Gaza as regional conflict fears grow
▼ + stars: | 2023-10-16 | by ( Helen Regan Kareem El Damanhoury Eyad Kourdi Abeer Salman Abbaggini | Helen Regan | Kareem El Damanhoury | ) edition.cnn.com time to read: +10 min

“We all know water is life – Gaza is running out of water, and Gaza is running out of life. People walk amid the destruction of houses and streets in Khan Younis, located in the southern Gaza Strip. Meanwhile, Hamas is believed to be holding some 150 Israeli and foreign nationals hostage in the warren of tunnels underneath Gaza. It is also unclear if water is now flowing into southern Gaza. Israeli soldiers gather on and around a tank near Israel's border with the Gaza Strip, in southern Israel on October 15.

Persons: ”, ’, Joe Biden, Philippe Lazzarini, ” Lazzarini, “, Marwan Jilani, Khan Younis, Mohamed Zaanoun, Dominic Allen, ” UNRWA’s Lazzarini, Isaac Herzog, Antonio Guterres, Pope Francis, Ravina Shamdasani, doesn’t, ” Shamdasani, Herzog, Antony Blinken, Benjamin, Netanyahu, Sunday Blinken, China’s, Wang Yi, Israel, Zhai Jun, Jacquelyn Martin, Jordan, United States Michael Herzog, Stéphane Dujarric, Jonathan Conricus, Emmanuel Macron “, Ebrahim Raisi, Warthogs, Ronen Zvulun, Jake Sullivan, ” Sullivan Organizations: Jerusalem CNN, Israel’s, UN, Israel Defense Forces, United Nations Relief, Works Agency, “, CNN, Crescent, Getty, Population Fund, Sunday, Palestinian Health Ministry, UN Human Rights, Reuters, CNN Israel, CNN Sunday, Water Authority, East Sunday, CBS Sunday, US National Locations: Gaza, Jerusalem, Israel, Rafah, Egypt, Khan, Guterres, Cairo, Jordan, nonfunctional, United States, Israeli, Iran, Syria, Israel’s, Lebanon

☆ Israel wants Palestinians to rise up against Hamas. One who did says that's now impossible.
▼ + stars: | 2023-10-15 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +6 min

Israeli President Isaac Herzog this week said Palestinians should have overthrown Hamas. AdvertisementAdvertisementNo one will "make any kind of revolution against Hamas under the Israeli missile," Aman told Insider in an interview. "They are creating more Hamas, more Hamas, more Hamas," he said — an entire new "generation" of people radicalized by Israeli bombardment and the propaganda of armed extremists claiming to defend them. "Most of the people in Gaza do not support Hamas," Aman said, characterizing the 2006 election as a protest vote against corruption and the failure of the peace process. "I believe that what is happening now, it will not destroy Hamas," Aman said.

Persons: Isaac Herzog, Rami Aman, that's, —, Aman, — Aman, Benjamin Netanyahu, Fatah, Israel — Organizations: Service, Committee, Associated Press, West Bank, Washington Institute, Palestinian Authority, Hamas, Israel Defense Forces Locations: Gaza, Cairo, Gaza City, Israel, Palestine, Palestinian, Qatar, America, United States, Russia

☆ Annular solar eclipse transfixes crowds across the Americas
▼ + stars: | 2023-10-14 | by ( Alberto Fajardo | ) www.reuters.com time to read: +2 min

CAMPECHE, Mexico, Oct 14 (Reuters) - Thousands of people across the Americas gazed at the heavens on Saturday to witness a rare phenomenon known as an annular solar eclipse, when the moon passes in front of the sun, momentarily producing the appearance of a "ring of fire" in the sky. "It's one of those things you can't miss," said Oscar Lopez, 26, who travelled from Mexico City to the southern Mexican city of Campeche to see the eclipse. [1/14]A solar eclipse is observed in Neiva, Colombia, October 14. REUTERS/Vannessa Jimenez Acquire Licensing RightsAn annular solar eclipse occurs when the moon passes between Earth and the sun at a time when the moon is at or close to its farthest point from our planet. It does not completely obscure the face of the sun, unlike in a total solar eclipse.

Persons: Oscar Lopez, We're, Lopez, Vannessa Jimenez, Isaac Solis, Alondra de Jesus Aguilar, " Aguilar, Alberto Fajardo, Will Dunham, Dave Graham, Diane Craft Organizations: NASA, U.S ., REUTERS, Thomson Locations: CAMPECHE, Mexico, Mexico City, Mexican, Campeche, U.S . Pacific Northwest, California , Nevada , Utah , Arizona, New Mexico, Texas, Guatemala, Belize, Honduras, Nicaragua, Panama, Colombia, Brazil, Yucatan, Neiva

☆ How Israel's tech community is responding to the Israel-Hamas war
▼ + stars: | 2023-10-13 | by ( Hayden Field | ) www.cnbc.com time to read: +5 min

On Sunday, Israel declared war and began implementing a siege of Gaza, cutting off access to power, food, water and fuel. At least 10% decided to take him up on that offer, he told CNBC, and he believes more will do so in the coming weeks. Even during war, much of Israel's tech community is still finding a way to push forward, according to Ben-Aroya and a handful of other members of the tech community CNBC spoke with. "Everyone is covering for each other," Ratzon told CNBC. Of digital bank One Zero's almost 450 employees — all based in Israel — about 10% were drafted for reserve duty, CEO Gal Bar Dea told CNBC.

Persons: Ilia Yefimovich, Dvir Ben, Aroya, —, Israel, Ratzon, Pentera, Saturday, Sephora, Isaac Heller, Israel —, Gal Bar Dea, Dea, …, Bar Dea Organizations: Tel, Spotify, Embassy, West Bank, CNBC, Israel Innovation Authority, Getty, BNP, Chanel, Israeli Defense Forces, Air Force Locations: Israel, Gaza, Tel Aviv, Snowflake, Palestinian, Washington, Re'im, Monaco, Dubai

Insider spoke with startup founders and VCs who are managing companies while aiding the war effort. Startup founders and employees have traveled back to Israel from their homes abroad to take up arms and defend their country. The call to serveIn Israel, military service is mandatory for all citizens over 18. These startup founders and employees are using the skills they use every day like problem solving, multitasking and leading during the war effort. "I'm lucky to be a cofounder not a sole founder, so I'm relying on my cofounder," Kandel explained.

Persons: Israel, VCs, —, Oren Kandel, I'm, We're, Munch, Kandel, Isaac Gili, Jon Medved, David, Noy, Danielle Eisenberg, Leyb, Eisenberg, I've, Medved, Oren Kandel Kandel, that's, Ben Yellin, Ofer Sharon, Itamar Friedman, " Eisenberg, Tasmin Lockwood Organizations: Palestinian, Hamas, Service, Wednesday, Israeli Defense Forces, Startup, Israel Relief, Microsoft, Israel, Tel, Lightspeed Venture Partners, GGV, Insight Partners Locations: Gaza, Israel, Gedera, New York, cyberintelligence, Tel Aviv, Binyamina

Relief workers warned the health care system in Gaza is crumbling under an Israeli blockade. Palestinian citizens inspect damage to their homes, which were destroyed by Israeli airstrikes in the Karama area, in northern Gaza, on Wednesday. The Palestinian Minister of Health Mai Al Kaila on Thursday called for urgent international help to field hospitals in Gaza. Palestinian officials in Gaza had said two days earlier that the crossing had been closed due to Israeli airstrikes. “They (Hamas) will regret this moment – Gaza will never return to what it was,” Israeli Defense Minister Yoav Gallant said earlier.

Persons: Jonathan Conricus, Israel, Mustafa Hassona, Said Khatib, Israel Katz, ” Katz, ”, Isaac Herzog, ” Herzog, CNN’s Becky Anderson, Dr, Mustafa Barghouti, “ That’s, Israel’s, “, Barghouti, Ghassan Abu, ” Abu, Ahmad Hasaballah, Sitta, Cross, Ashraf Al, Qudra, Health Mai Al Kaila, Antony Blinken, CNN’s Matthew Chance, Yoav Gallant Organizations: CNN —, Hamas, Palestinian Ministry of Health, Israel Defense Forces, Medical, Shifa, Getty Images Israeli Energy, Palestinian Medical Relief Society, Rights Watch, CNN, Palestinian National Initiative, West Bank, International Committee, East, Committee, Palestinian, Health, Arish International Airport, Gaza, Jordanian Hashemite Charitable Organization, ”, IDF, Israeli Locations: Gaza, Israel, Gaza City, Anadolu, Rafah, AFP, Jerusalem, Palestinian, Gaza’s, Geneva, Egypt, Arish, Sinai, Jordanian

Biden said he and his national security team were working “round the clock" on the crisis, including plotting how to get the Americans home safely. If I told you I wouldn't be able to get them home," Biden said at the start of a White House roundtable with Jewish community leaders. The move is meant to starve resources for Hamas, but aid groups have warned of a humanitarian crisis for the Palestinian people who are also suffering because of the attack. Secretary of State Antony Blinken left Wednesday for Israel, where America's top diplomat is set to meet with Netanyahu and Israeli President Isaac Herzog. Biden is an old foreign policy hand, having chaired the Senate Foreign Relations Committee during his career as a U.S. senator from Delaware.

Persons: Joe Biden, Benjamin Netanyahu, Israel, Biden, beheadings, Netanyahu, Bibi, Antony Blinken, Isaac Herzog, –, Blinken, Benny Gantz Organizations: Israeli, Hamas, ISIS, Israel, National Unity, Foreign Locations: Gaza, Israel, United States, U.S, Delaware, Dachau, Germany

☆ The fashion show that changed hip-hop forever
▼ + stars: | 2023-10-10 | by ( Sowmya Krishnamurthy | ) edition.cnn.com time to read: +8 min

CNN —Chanel’s 1991 Fall-Winter ready-to-wear show was set in Paris, but its soul was right off the streets of New York City. “He listens to everything, reads everything, sees everything, and then distills it into these potent fashion images.”Linda Evangelista and Karl Lagerfeld (center) walk the runway during the finale of Chanel's 1991 Fall-Winter fashion show in Paris, France. Victor Virgile/Gamma-Rapho/Getty ImagesWhat would become known colloquially as Chanel’s “hip-hop collection” was a watershed moment, the pinnacle of French prêt-à-porter (ready-to-wear) welcoming hip-hop into its sanctum. It’s unclear whether Mizrahi and the like appreciated hip-hop or saw it as a grab for cache and cash. Editor’s Note: This piece is excerpted from Sowmya Krishnamurthy’s “FASHION KILLA: How Hip-Hop Revolutionized High Fashion,” published by Gallery Books, a subsidiary of Simon & Schuster.

Persons: CNN —, Nancy Sinatra’s “, Rocky, Sylvester Stallone, Dolph Lundgren, gazed, Karen Mulder, Helena Christensen, Linda Evangelista, CHANEL, ”, glitz, “ Chanel ”, Jeans, risqué, “, Karl Lagerfeld, Lagerfeld, Tim Blanks, ” Linda Evangelista, Victor Virgile, Chanel, ” gushed Rose Marie Bravo, Isaac Mizrahi, Charlotte Neuville, Adrienne Vittadini, Randolph Duke, Norma Kamali, Arthur Hubbert, Katharine Hamnett, Rifat Ozbek, Queen Latifah, Donna Karan, Mizrahi, ” Mizrahi, Freddy, Chuck D, Flav, Al Pereira, Michael Ochs, Denise Burrows, Pat Cleveland, Dorothy “ Terri ” Springer, Gucci, Louis Vuitton, Simon, Schuster, Sowmya, Simon & Schuster Organizations: CNN, Co, Magazine, Newsweek, Penske Media, Getty, Women’s, Michael Ochs Archives, Fashion, New York Times, Gallery Books, Simon & Locations: Paris, New York City, Harlem, France, Chanel

Another conceded that Kennedy could be a real threat to Trump, particularly when it comes to vaccines. They’re less likely to answer the phone for pollsters.”Trump had initially praised Kennedy after he launched his Democratic primary bid. The Biden campaign declined to comment. Third Way, which has been leading the charge against No Labels for Democrats, has had only informal and indirect contact with the Biden campaign and the president’s top advisers. The DNC’s involvement so far has been participating in a couple of video calls Third Way has hosted with groups of state Democratic Party officials, according to Matt Bennett of Third Way.

Persons: Robert F, Kennedy Jr, Joe Biden, Donald Trump, Biden, Trump, Kennedy, Cornel West, Trump Republicans eyeing, “, ” “, ” Trump, Steven Cheung, “ …, Megyn Kelly, ”, They’re, Kennedy’s, we’re, ” Matt Wilhelm, “ I’m, West’s, George W, Ralph Nader, ” Nader, Nader, “ I’ll, Peter Daou, Daou, Vermont Sen, Bernie Sanders, Sanders, Matt Bennett, “ I’ve, I’ve, Virginia Sen, Joe Manchin, Nancy Jacobson Organizations: CNN, GOP, Democratic, Trump Republicans, Voters, Republican National, RFK, White, Trump, Fox News, “ Granite, New Hampshire House, RNC, Democratic National Committee, Biden, West, Green Party, Green, Washington Post, Democratic Party, Greens, Vermont, West’s Green Party, ” Locations: Ukraine, New Hampshire, West, Virginia

☆ Amazon drought: Floating village stranded on dry lakebed as extreme drought grips the Amazon
▼ + stars: | 2023-10-10 | by ( Laura Paddison | ) edition.cnn.com time to read: +4 min

CNN —A floating village now lies stranded on a lakebed in Brazil’s Amazon as severe drought leaves communities struggling to access food, fresh water and fuel. Lake Puraquequara is part of the Rio Negro river system, which has been near record-low since the end of September, according to the state’s civil defense authority. “There are many people already having difficulty accessing food, food security, drinking water and other important inputs,” he said in a statement at the time. Boats and houseboats stranded on Lake Puraquequara in Manaus, Brazil, October 6, 2023. Lake Puraquequara in Manaus, Amazonas State, Brazil, on October 6, 2023.

Persons: Isaac Rodrigues, “ We’re, ” Ivalmir Silva, Michael Dantas, Wilson Lima, Bruno Kelly, It’s, El Niño, – Organizations: CNN, Reuters, Getty, Amazonas Gov, CNN Brasil Locations: Lake Puraquequara, Manaus, Amazonas, Brazil, Puraquequara, Rio, Amazonas State, AFP, Lake Tefé, Michael, South America

☆ Israel’s history suggests the clock is ticking for Netanyahu after Hamas attack failures
▼ + stars: | 2023-10-10 | by ( Elliott Gotkine | ) edition.cnn.com time to read: +5 min

“Israeli history has taught us that each and every surprise and crisis led to the collapse of the government. This would have been a tall order in Netanyahu’s prime. But this invasion by Hamas, he says, would have been planned 12 to 18 months ago – when Netanyahu was in opposition. The miscalculation, he said, was that Hamas was after economic concessions, and a softening of Israel’s blockade on Gaza. Such has been the shock and anger over Hamas’ spectacular assault that Israeli voters may ben open to more extreme ideas.

Persons: CNN —, Benjamin Netanyahu, There’s “, ”, “ King Bibi ”, Bibi ”, –, Isaac Herzog, Netanyahu, “, Yair Lapid, “ It’s, it’s, Amit Segal, Golda Meir, Menachem Begin, Ehud Olmert, Yohanan Plesner, Sadat, We’re, It’s, Bibi, Israel, Plesner, he’s, Segal, ben Organizations: CNN, Security, Israel Channel, Israel Democracy Institute, Hamas, Nazi, Israel Defense Forces IDF Locations: Lebanon, Egypt, Syria, Israel, Yom Kippur, Gaza, “

REUTERS/Kevin Lamarque/ Acquire Licensing RightsWASHINGTON, Oct 9 (Reuters) - The U.S. Federal Reserve's top regulatory official defended a sweeping proposal to overhaul bank capital rules before the country's largest bank lobby on Monday, arguing the benefits of a bigger cushion outweigh any additional costs banks might face. The proposal implements international capital standards agreed by the Basel Committee on Banking Supervision in the aftermath of the 2007-2009 financial crisis. Barr's Monday speech, which is his first on bank regulation since the proposal came out, served as a broad-based defense of the effort. "The private costs of capital must be weighed against the social benefits of higher capital in creating a healthier, more resilient financial system," he said, according to prepared remarks. Barr also pushed back against the industry's refrain that higher capital costs for banks will mean curtailed lending and potential economic harm.

Persons: Michael Barr, Kevin Lamarque, Michael Barr's, Barr, Jerome Powell, Powell, Isaac Boltansky, Pete Schroeder, Michelle Price, Josie Kao, Andrea Ricci Organizations: Financial, Valley Bank, Signature Bank, Capitol, REUTERS, Rights, U.S, Federal, Banking, Silicon Valley Bank, Thomson Locations: Washington , U.S, Silicon

☆ What to know about the surprise Hamas attack on Israel
▼ + stars: | 2023-10-07 | by ( Hadas Gold Richard Allen Greene Amir Tal Ibrahim Dahman Abeer Salman Kareem Khaddar Nadeen Ebrahim | Hadas Gold | Richard Allen Greene | ) edition.cnn.com time to read: +9 min

In response to the attack, Israel launched “Operation Swords of Iron,” striking a number of targets in the Gaza strip. After Hamas seized control of Gaza, Israel and Egypt imposed a strict siege on the territory, which is ongoing. Before Saturday’s operation, the last war between Hamas and Israel was in 2021, which lasted for 11 days and killed at least 250 people in Gaza and 13 in Israel. A member of Israeli security forces tries to extinguish fire on cars following a rocket attack from the Gaza Strip in Ashkelon, southern Israel. Western states condemned the Hamas attack and pledged support for Israel while Arab states, including those that have recognized Israel, called for calm.

Persons: Benjamin Netanyahu, –, ” Netanyahu, Muhammad Al, Deif, ”, Mohammed Abed, Netanyahu, Daniel Hagari, Ammar Awad, Richard Hecht, Hecht, “, Jack Guez, Fatah, Israel, Harakat, Muqawama, Mahmoud Abbas, Ahmad Gharabli, Joe Biden, Washington “, Ilan Rosenberg, Reuters “, Frank, Walter Steinmeier, Isaac Herzog, Israel “ Organizations: Jerusalem CNN, Israeli, Palestinian, Hamas, “, Beer Sheba, Israel Defense Forces, CNN, IDF, Getty, Reuters, West Bank, Gaza, West Bank ., Getty Images, Palestinian Authority, Islamia, Islamic Resistance Movement, Oslo Accords, Palestine Liberation Organization, PLO, European Union, United, Saturday Locations: Gaza, Jerusalem, Israel, Tel Aviv, Beer, Sderot, Al, Aqsa, Hamas, Gaza City, AFP, Ashkelon, Lebanon, Syria, Lebanese, Egypt, Yom Kippur, Oslo, United States, Iran, Saudi Arabia, Saudi, UAE

☆ Amazon drought strands floating Brazilian village on lake turned into mud
▼ + stars: | 2023-10-06 | by ( Bruno Kelly | ) www.reuters.com time to read: +2 min

[1/5] Ivalmir Silva digging searches for water on Puraquequara Lake, which has been affected by drought, in Manaus, Brazil, October 6, 2023. REUTERS/Bruno Kelly Acquire Licensing RightsMANAUS, Oct 6 (Reuters) - Life has come to a standstill for a floating village now stranded on mud flats left by severe drought in Brazil's Amazon rainforest. As Lake Puraquequara dried up, so too has business evaporated for the owners of boats and floating shops that are also stuck in the mud. The Amazon drought, like flooding in the south of Brazil, is a result of the El Niño phenomenon, which warms the Pacific Ocean's surface water, experts say. Things have gotten so bad at Lake Puraquequara that there is little water to drink or cook with.

Persons: Ivalmir Silva, Bruno Kelly, Isaac Rodrigues, Otenisio de, Raimundo Silva, Anthony Boadle, Rod Nickel Organizations: REUTERS, Rights, Rio Negro, Carmo, Thomson Locations: Manaus, Brazil, Rights MANAUS, Solimoes, Puraquequara, Otenisio de Lima

☆ Lawsuit alleges undisclosed relationship involving federal judge that could cloud Corizon bankruptcy deal
▼ + stars: | 2023-10-06 | by ( Dakin Campbell | Nicole Einbinder | ) www.businessinsider.com time to read: +7 min

A civil complaint alleges that federal bankruptcy judge David Jones, who mediated the Tehum bankruptcy, is in a romantic relationship with Elizabeth Freeman, who represented YesCare in the bankruptcy. Van Deelen's case was ultimately "removed" to Jones' bankruptcy court, according to Van Deelen's complaint. The document alleges that, while working the McDermott case, Freeman was Jones' "live-in girlfriend" in a home worth more than a million dollars. According to the complaint, the letter detailed the "corruption involving Judge David R. Jones" and his romantic relationship with Freeman. Judge Marvin Isgur, another bankruptcy judge in the court, later denied it.

Persons: Tehum, —, Corizon, David Jones, Elizabeth Freeman, Isaac Lefkowitz, Freeman, Jones, Michael Van Deelen, Christopher Lopez, Van Deelen's, Michael Van Deelen Frank Ozment, Tracy Grissom, Ozment, YesCare, Deelen's, McDermott, Van Deelen, Jackson Walker, Liz Freeman, Defendant Jones, Matt Cavenaugh, didn't, David R, Marvin Isgur Organizations: Service, Southern, Southern District of, YesCare Corp, US, McDermott International Locations: Texas, YesCare, Tehum, Southern District, Southern District of Texas, Alabama, Houston, Coldspring

☆ 'Difficult to escape' data showing economic slowdown: CIO
▼ + stars: | 2023-10-05 | 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 Email'Difficult to escape' the data showing that the economy is slowing, says financial services companyIsaac Poole, CIO at Oreana Financial Services, discusses the recent "brutal period" for bond yields and the outlook for markets.

Persons: Isaac Poole Organizations: Oreana Financial Services

☆ What Kevin McCarthy's ousting as House Speaker means for markets
▼ + stars: | 2023-10-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

The ousting of Republican Kevin McCarthy as House Speaker may not have an immediate impact on Wall Street, but it raises the likelihood of a government shutdown in the fourth quarter — which could inject more volatility into an already rattled market. Now, Congress also grapples with deciding its next speaker to lead the House. "The immediate market impact of McCarthy's ouster is relatively limited as the government is funded through November 17," said BTIG's Isaac Boltansky. "The near-term concern is that the House's paralysis will further complicate the already complicated calculus surrounding the forthcoming funding fight." Impact on the defense sector The removal of McCarthy could have an impact on the defense sector.

Persons: Kevin McCarthy, Goldman Sachs, Jan Hatzius, Ray Dalio, Isaac Boltansky, McCarthy, Scott Deuschle, Lockheed Martin, Northrop Grumman, Deuschle, — CNBC's Michael Bloom Organizations: Deutsche Bank, Lockheed, General Dynamics, Huntington Ingalls Industries Locations: Ukraine

Learn moreThere's not long to go for tonight's middleweight title fight, and we can show you how to watch the Canelo vs. Charlo live stream, from anywhere. How to watch Canelo vs. Charlo live streams from anywhereIn the United States, you can catch the fight airing live on FITE.TV. How to watch Canelo vs. Charlo with a VPNSign up for a VPN if you don't have one. Watch Canelo vs. Charlo. Canelo vs. Charlo fight cardHere are all the fights happening before the main event.

Persons: Canelo Alvarez, Jermell Charlo, Canelo, Charlo, It's, they've, you'll, Insider's, ExpressVPN, Jesus Ramos Jr, Erickson Lubin, Yordenis, Mario Barrios, Elijah Garcia, Armando Resendiz, Frank Sanchez, Scott Alexander, Gabriel Valenzuela, Yeis Gabriel Solano, Terrell Gausha, KeAndre Leatherwood, Oleksandr Gvozdyk, Isaac Rodrigues, Curmel, Ezequiel Flores, Justin Viloria, Angel Barrera, Bek Nurmaganbet, Abimbola Osundairo, Abilkhan, Joeshon James Organizations: WBC, WBO, WBA, Mobile, Showtime, Ireland Locations: Las Vegas , Nevada, United States, Canada

☆ NYC and its suburbs won't build new housing, so New Yorkers are flooding into Jersey City and driving up prices
▼ + stars: | 2023-09-30 | by ( Eliza Relman | Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

But prices are shooting up in Jersey City as its neighbors refuse to build. AdvertisementAdvertisementNew Yorkers have been taking notice of Jersey City real estate for years, and its popularity as an alternative to the ever-less-affordable housing market in the city is growing. Between 2010 and 2018, Hudson County, which includes Jersey City, built housing at more than twice the rate that New York City did. New housing in Jersey City is overwhelmingly market rate rather than being explicitly built as affordable housing for lower- and middle-income residents. "The issues facing Jersey City tenants are multifaceted, but the primary concern is to guarantee housing stability."

Persons: —, Steven Fulop, Alex Armlovich, Armlovich, Noah Sheidlower, Amy Klein, Klein, Isaac Jiménez, It's, Goldman Sachs, Abdul Rehman Khan, Jiménez, Fulop, That's, Rich Boggiano, Khan Organizations: Apple, Service, Jersey, Jersey City, New, Niskanen, realtors, Big Apple, Research, Jersey City . Financial, Seton Hall Law's Center for Social Justice Locations: Jersey City, The North Jersey, Jersey, Hudson County, York City, New York, North New Jersey, Newark, Elizabeth, Manhattan, Brooklyn, New York City, Hudson, New York City , Westchester, Long, New Jersey

☆ Citigroup CEO Jane Fraser sees 'cracks’ emerging among some consumers as savings dry up
▼ + stars: | 2023-09-29 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO Jane Fraser. The third-largest U.S. bank by assets has been monitoring its credit card customers for signs of distress, Fraser told CNBC's Sara Eisen on Friday in an interview. When asked what other CEOs are telling her about the state of the economy, Fraser said that besides comments on AI and labor tightness, corporate leaders have told her that demand is softening, she said. "Particularly [for] the bottom end of the consumer, that's the one that we're starting to see cracks, you're seeing some shift in the buying patterns to lower categories in the spend," Fraser said. The scope of job cuts and expense savings triggered by the reorganization will be disclosed with fourth quarter earnings, Fraser said.

Persons: Jane Fraser, Fraser, CNBC's Sara Eisen Organizations: Citigroup, U.S, Fair Isaac Corp

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