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☆ Peru orders Mexico’s ambassador to leave country in latest escalation of tensions
▼ + stars: | 2022-12-21 | by ( ) www.nbcnews.com time to read: +4 min

MEXICO CITY/LIMA — Peru declared Mexico’s ambassador to Lima “persona non grata” and ordered him to leave the country on Tuesday, Peru’s foreign minister announced, in the latest escalation of tensions between the two nations after Peru ousted Pedro Castillo as president. The abrupt order, a severe measure in the world of diplomacy, gives Mexico’s envoy to the South American country just 72 hours to exit. Speaking at a news conference earlier in the day, Mexican Foreign Minister, Marcelo Ebrard, said the government was negotiating safe passage for the family of Castillo, who were inside Mexico’s Embassy in Lima. Ana Cecilia Gervasi, Peru’s foreign minister, announced later on Tuesday that safe passage for Castillo’s wife and the couple’s two children had been formally approved. Also on Tuesday, a Peruvian court struck down a request from prosecutors to prohibit Paredes from leaving the country.

☆ Artists in Cuba find themselves blocked from NFT trading sites
▼ + stars: | 2022-12-21 | by ( Associated Press | ) www.nbcnews.com time to read: +6 min

“The first thing that drew me to it was the freedom,” said García Alarcón, known best by his artist name, Paolo De. García Alarcón is among at least 30 Cuban artists whose profiles have been delisted from at least two American-owned NFT trading sites sites, including the largest one, OpenSea, and KnownOrigin, according to Cuban NFT artist collectives. He’s the organizer of NFTcuba.ART, a collective of around 100 Cuban artists around the world. D’Alerta and other collective leaders told the AP that the bans have even extended to personal accounts of Cuban artists who don’t live on the island. Meanwhile, leaders in the Cuban NFT space worry that the deplatforming could have a long-term chilling effect on Cuban digital artists.

David Ryder / Bloomberg via Getty ImagesCities throughout the country are opening warming centers this week, including Chicago, Houston, San Antonio, Atlanta and Albuquerque, New Mexico. The city’s Office of Emergency Management will transform the Denver Coliseum into a 24-hour warming center starting Wednesday. Recreation centers and libraries will remain open during regular operating hours and function as warming centers Thursday and Friday. The Seattle region is also opening warming centers across King County, including overnight shelters for families experiencing homelessness. San Antonio will also open warming centers.

☆ Bankers not expecting quick recovery as IPO volumes plunge to lowest level since 2008
▼ + stars: | 2022-12-20 | by ( Pablo Mayo Cerqueiro | Echo Wang | ) www.reuters.com time to read: +5 min

With questions swirling around monetary policy and the prospect of a looming recession, IPO advisers are not holding their breath on a near-term recovery in the equity capital markets. Global share sales plunged this year as the IPO market froze and hundreds of companies postponed stock market debuts, as Russia's invasion of Ukraine and interest rate hikes from central banks weighed on the broader economy. “It’s all about rates - the price of money changed and it has affected everything," said James Palmer, head of EMEA equity capital markets (ECM) at Bank of America. A return by long-only investors to capital markets deals is seen as key for any recovery, after a year in which hedge funds have taken a lead role as buyers of new issuance. "When the stock market is going like this, people typically don't buy new issuance," said Joshua Bonnie, co-head of Simpson Thacher & Bartlett's global capital markets practice.

REUTERS/Liz TasaMEXICO CITY/LIMA, Dec 20 (Reuters) - Peru declared Mexico's ambassador to Lima "persona non grata" and ordered him to leave the country on Tuesday, Peru's foreign minister announced, in the latest escalation of tensions between the two nations after Peru ousted Pedro Castillo as president. The abrupt order, a severe measure in the world of diplomacy, gives Mexico's envoy to the South American country just 72 hours to exit. Mexico's foreign minister took to Twitter on Tuesday night to blast Monroy's expulsion, deriding it as "unjustified and reprehensible." Speaking at a news conference earlier in the day, Mexican Foreign Minister, Marcelo Ebrard, said the government was negotiating safe passage for the family of Castillo, who were inside Mexico's Embassy in Lima. Ana Cecilia Gervasi, Peru's foreign minister, announced later on Tuesday that safe passage for Castillo's wife and the couple's two children had been formally approved.

☆ 'All-time classic': Former players blown away by thrilling World Cup final
▼ + stars: | 2022-12-19 | by ( ) www.reuters.com time to read: +2 min

Dec 19 (Reuters) - Former players came together in acclaiming the World Cup final in Qatar as one of the best ever after Argentina beat France on penalties following a pulsating 3-3 draw. Messi, in his 26th World Cup match at his fifth tournament, was finally able to get his hands on the elusive trophy and match his predecessor Diego Maradona. "For our country, we will see a picture of Maradona and Messi, two of the greatest players of all time with the World Cup trophy," former Argentina defender Pablo Zabaleta told the BBC. If you've watched Lionel Messi play live you are truly blessed," the ex-England international Neville told ITV. Neville added that Argentina's win would inspire a new generation of players, pointing to his own experience of watching Maradona play at the 1986 World Cup.

☆ Colombia ELN leftist guerrilla group declares Christmas ceasefire
▼ + stars: | 2022-12-19 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Leonardo Fernandez ViloriaBOGOTA, Dec 19 (Reuters) - Colombian leftist guerrilla group the National Liberation Army (ELN) on Monday declared a nine-day unilateral ceasefire over the Christmas period, as part of a bid to support peace talks with the Andean country's government, which urged other illegal armed groups to follow suit. Colombia's government and the ELN last week completed the first cycle of peace talks between the two parties in Venezuela's capital Caracas. The unilateral ceasefire will only apply to Colombia's military and police, the ELN said in a recorded statement, adding it reserves the right to defend itself if attacked. Following the announcement, Colombia's government called on other armed groups also to call a ceasefire. Reporting by Nelson Bocanegra and Oliver Griffin Writing by Oliver Griffin Editing by Alistair BellOur Standards: The Thomson Reuters Trust Principles.

☆ Argentina in World Cup Final Gives Tired Nation a Reason to Celebrate
▼ + stars: | 2022-12-17 | by ( Kejal Vyas | Sylvina Frydlewsky | ) www.wsj.com time to read: 1 min

BUENOS AIRES—In a working-class neighborhood of dirt streets and broken sidewalks, Pablo Martínez donned the white-and-blue jersey of Argentina’s national team to grill chicken at a soup kitchen he helps run for families struggling amid a punishing economic crisis. With galloping inflation and economic stagnation pushing 43% of the population into poverty, the number of hungry children showing up to his cafeteria on the outskirts of the capital has been rising, Mr. Martinez said. The daily hardship he and his neighbors face in a poor barrio is leaving an indelible impact.

☆ Beware the penalty specialist if final goes to shootout
▼ + stars: | 2022-12-17 | by ( Mitch Phillips | ) www.reuters.com time to read: +5 min

The less than magnificent shootout seven:Jamie Carragher, England v Portugal, 2006 World Cup quarter-final. =Marcus Rashford, England v Italy, Euro 2020 final. =Sancho, England v Italy, Euro 2020 final. Italy missed their fifth attempt, which left Bukayo Saka with the chance to keep the shootout going but his was also saved and Italy were European champions. =Badr Benoun, Morocco v Spain, World Cup 2022, last 16.

☆ Scaloni heads into final as the coach who made Messi and Argentina smile again
▼ + stars: | 2022-12-16 | by ( Fernando Kallas | ) www.reuters.com time to read: +4 min

"He can't even direct traffic, how come he will direct the national team. They have since created a bond that has allowed a rejuvenated Messi to enjoy his best years with the national team. It was that which arguably gave them the foundation to regroup after their shock loss to Saudi Arabia in their World Cup opener. Representing my country is an emotional thing," Scaloni told reporters after Argentina swept past Croatia 3-0 in their World Cup semi-final. Thanks to Scaloni's acumen, Argentina are on the brink of glory - and while Messi will claim the attention, his coach deserves his share of the plaudits.

☆ Ecuador not looking for new agreement with IMF, will maintain ties
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +2 min

GUAYAQUIL, Dec 16 (Reuters) - Ecuador has fully financed its budget for next year and is not looking for a new credit agreement with the International Monetary Fund (IMF), the country's economy minister said on Friday, adding that the government will maintain close ties with the fund. The IMF this week concluded the latest review of its $6.5 billion financing agreement with Ecuador, opening the way for a final disbursement of $700 million to the South American nation. "We have already financed next year's budget without counting on resources from a potential program with the IMF," Arosemena told reporters in Guayaquil. The IMF agreement that ends this year established goals that included tax reform, audits of public companies such as Petroecuador, anti-corruption efforts and aid to the poor. The Ecuadorian government will decide during the first quarter of 2023 if it needs a new credit agreement with the IMF.

☆ Did That Hit Arrive in 2022 or 1987? This Year, It Was Hard to Tell.
▼ + stars: | 2022-12-14 | by ( Jon Caramanica | ) www.nytimes.com time to read: +12 min

Turns out it’s the same sample, a sleight of ear designed to trigger warm nostalgia, and also maybe a little confusion. Even its video is optimized for recognition, with Santana doing the same stomp Beyoncé does in hers, in an almost identical outfit. Throughout 2022, that gambit has been deployed again and again — by pop singers and rappers, established stars and newbies. Here, old songs — hip-hop classics, pop novelties and more — are scrunched and stretched sometimes to the point of absurdity. These songs are concessions that say the quiet part out loud — everyone has always been borrowing voraciously, from everyone else, constantly.

☆ North Korea Wants Dollars. It’s a Sign of Trouble.
▼ + stars: | 2022-12-09 | by ( Choe Sang-Hun | Pablo Robles | ) www.nytimes.com time to read: +18 min

Media Korean Studies 2016 2008 New Finished New buildings Repainted TAEDONG RIVER TAEDONG RIVER Pyongyang in 2008. Media Korean Studies 2008 2016 New Finished New buildings Repainted TAEDONG RIVER TAEDONG RIVER Pyongyang in 2008. Under Mr. Kim, North Korea has opened a new terminal at the city’s international airport, renovated subway stations and opened new amusement parks. Missile tests this year alone cost North Korea hundreds of millions of dollars, according to estimates by South Korean and American researchers. An array of cell phones, assembled in North Korea with components imported from China, is on sale and advertised on state TV.

CNN —The Mexican ambassador in Lima has been summoned by Peru’s foreign ministry on complaints Mexico is interfering in its internal affairs, after top officials weighed in on the ouster earlier this week of Peru’s former President Pedro Castillo. Mexico’s Foreign Minister Marcelo Ebrard later said that Castillo requested for asylum, and Mexican President Lopez Obrador criticized Peruvian elites, calling for the protection of the ousted president’s human rights. Lopez Obrado also said he had directed Ambassador Pablo Monroy to “open the embassy’s door” to Castillo. The same day, Mexico’s leftist President Obrador told journalists that Castillo tried to go to the Mexican embassy in Lima to request asylum. I asked him to talk to the ambassador (Monroy) and to open the embassy’s door according to our asylum tradition,” the President told journalists.

"The successful completion of the capital increase is a key milestone for the new Credit Suisse," its chief executive Ulrich Koerner said in a statement. Credit Suisse had already raised 1.8 billion francs by placing stock with a group of institutional investors led by Saudi National Bank (1180.SE). The exercise of subscription rights left only 16.4 million shares unsold. These are due to be sold on the market at or above the offer price of 2.52 Swiss francs, Credit Suisse said. Credit Suisse, has been battered by mishaps, including a $5.5 billion loss on U.S. investment firm Archegos.

Credit Suisse has already placed some 1.8 billion francs worth of shares with a group of institutional investors led by Saudi National Bank. "The rights issue is the necessary start to the process, said Jerome Legras of Axiom Alternative Investments. REVAMP AND RECORD LOWSCredit Suisse shares, which have plumbed record lows, were buoyed last week as its leadership sought to reassure markets. After closing above 3 Swiss francs on Monday, they have retreated slightly, finishing Wednesday’s session at 2.851 Swiss francs. Crucially, they have held above the deal subscription price of 2.52 Swiss francs and were at 2.821 Swiss francs, down around 1% in mid-session trade on Thursday.

☆ Morning Bid: Bonds lap up crude, costs and Canada
▼ + stars: | 2022-12-08 | by ( ) www.reuters.com time to read: +4 min

The big consensus bet of 2023 is already in full swing - bonds are bid. With year-on-year oil price gains evaporating to zero, that is dragging inflation expectations down in lockstep. The exception was in Hong Kong, which the Hang Seng benchmark (.HSI) has now recouped all this year's underperformance versus world indices and the S&P500. The Hang Seng added another 3% on Thursday as the Hong Kong government loosened its COVID-19 curbs further. The isolation period for patients and contacts will be cut to five days from seven days and requirements for arrivals to Hong Kong to undergo daily tests will similarly be reduced to five days.

☆ Factbox: Peru's presidents and years of political turmoil
▼ + stars: | 2022-12-07 | by ( Marco Aquino | ) www.reuters.com time to read: +4 min

[1/2] Police officers stand before people protesting after Congress approved the removal of President Pedro Castillo, in Lima, Peru, December 7, 2022. Here is a rundown of Peru's recent political turmoil. Kuczynski initially denied any ties to Odebrecht, a company at the heart of a political corruption probe that swept the whole region. OLLANTA HUMALA (2011-2016)Humala is facing trial over allegations he received $3 million from Odebrecht during the 2011 presidential election campaign. A charismatic political leader who served two terms, Garcia repeatedly denied the allegations of bribery.

☆ Analysis: Investors face dilemma as capital increases fill IPO void
▼ + stars: | 2022-12-06 | by ( Pablo Mayo Cerqueiro | Oliver Hirt | ) www.reuters.com time to read: +4 min

"This is a test as to whether shareholders want to support a company they know well already," he said. In contrast with a drought of initial public offerings (IPO), EMEA companies have raised an overall 33.3 billion euros ($34.99 billion) through capital increases so far this year. Meanwhile, fund managers' cash holdings stand at a near 21-year peak, according to poll data from Bank of America. "However, the market could see more firms turn to shareholders for funding given the rising cost of debt and changing outlook," he added. ($1 = 0.9517 euros)Reporting by Pablo Mayo Cerqueiro and Oliver Hirt; Editing by Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

☆ Achraf Hakimi’s nerveless ‘Panenka’ penalty seals stunning World Cup shock as Morocco beats Spain in shootout to reach quarterfinals
▼ + stars: | 2022-12-06 | by ( Matias Grez | ) edition.cnn.com time to read: 1 min

CNN —Morocco continued its stunning run at Qatar 2022, beating Spain on penalties to reach the World Cup quarterfinals for the first time in its history. Spain missed all three of its spot kicks as Moroccan goalkeeper Bono made himself the hero of the shootout, saving efforts from Sergio Busquets and Carlos Soler, while Pablo Sarabia hit the post. Achraf Hakimi, who was born in Spain, buried the winning penalty with the cheekiest of Panenkas, chipping the ball gently into the middle of the goal to send the thousands of Moroccan fans inside Education Stadium into dreamland. More to follow…

☆ Brave Morocco advance as Spain flop in shootout
▼ + stars: | 2022-12-06 | by ( Fernando Kallas | ) www.reuters.com time to read: +1 min

Morocco goalkeeper Yassine Bounou saved spot-kicks from Carlos Soler and Sergio Busquets after Pablo Sarabia had hit the post and Spanish-born Hakimi held his nerve to earn his team a quarter-final against either Portugal or Switzerland. Morocco became only the fourth African nation to reach the last eight of the tournament, 12 years after Ghana did so in South Africa. After a scrappy match finished deadlocked at 0-0 after extra time with few shots on target, Morocco fed off the raucous support of their red-clad supporters in the shootout as Spain crumbled. Spain enjoyed more than 75% of possession and completed almost 800 passes but Morocco caused problems for them on the counter-attack and goalkeeper Unai Simon made some good saves. It was the fourth time Spain have been knocked out of the World Cup on penalties and the second in a row.

☆ On Easter Island, burned Moai statues are a symbol of growing tensions
▼ + stars: | 2022-12-06 | by ( Alexander Villegas | ) www.reuters.com time to read: +5 min

[1/5] Image of a Moai damaged in a forest fire inside the Rano Raraku volcano in Rapa Nui park, Easter Island, Chile November 15, 2022. REUTERS/Pablo SanhuezaHANGA ROA, Easter Island, Dec 6 (Reuters) - Charred Moai stone statues on Easter Island, singed in a wildfire earlier this year, are signs of a growing tension between landowners and conservationists in this tiny, remote island in the middle of the Pacific. Chilean government data show wildfires on Easter Island have exploded in recent years, with the last two years seeing the most on record going back to the 1990s. CLAN SYSTEMThousands of miles of ocean separate Rapa Nui from its closest continental neighbor and the island has fascinated visitors and archaeologists for centuries with its giant stone Moai. But some islanders instead want a return to the clan system which existed before the 1888 treaty between one of the last kings of Rapa Nui and Chile.

☆ Mariah Carey's life and career detailed in a new comic book
▼ + stars: | 2022-12-05 | by ( ) www.reuters.com time to read: +1 min

[1/9] Mariah Carey performs at the Global Citizen Concert in New York City, New York, U.S., September 24, 2022. REUTERS/Caitlin OchsDec 5 (Reuters) - The life and career of Mariah Carey is being celebrated in a new comic book. In 22 pages, Carey’s childhood and rise to fame is outlined in vivid color with illustrations by Pablo Martinena. Carey's 1994 hit "All I Want for Christmas Is You" is widely played during the holiday season even nearly 25 years later. Read more:Dwayne Johnson calls 'Black Adam' comic book film his passion projectQueen Elizabeth's life features in a new comic bookNew comic book celebrates Olivia Newton JohnReporting by Alicia Powell in New York; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

☆ Yes, the viral ‘Cocaine Bear’ movie is based on a true story (kinda)
▼ + stars: | 2022-12-03 | by ( Zoe Sottile | ) edition.cnn.com time to read: +3 min

CNN —If you’ve seen the astonishing trailer for “Cocaine Bear” making the rounds on Twitter, you might have questions about the film’s claim that it is “inspired by true events.” But the story is indeed based on the true story of a bear who overdosed on cocaine in the 1980s. In the film, the bear goes on a cocaine-fueled killing spree after its drug binge. The black bear was found dead near a duffel bag and 40 packages of cocaine, ripped open and scattered over the hillside. It’s unclear from the AP report exactly how much cocaine the bear consumed – but the duffel bag would have originally contained around 88 pounds of the powerful drug. The Kentucky for Kentucky Fun Mall in Lexington claims to have the stuffed remains of the "Cocaine Bear" on display.

☆ Pablo Escobar was gunned down 29 years ago today — here are 3 theories about who took the Medellin kingpin's life
▼ + stars: | 2022-12-02 | by ( Christopher Woody | ) www.businessinsider.com time to read: +10 min

By 1993, Colombian authorities, the US government, and rival criminals were all after Pablo Escobar. "Perseguidos por Pablo Escobar," or People Persecuted by Pablo Escobar — known as Los Pepes — was made up of rival drug traffickers, paramilitaries, and others scorned by the Medellín cartel boss. His son, Juan Pablo Escobar Henao, who has changed his name to Sebastián Marroquín, has insisted that his father took his own life on that Medellín rooftop. "I have no doubt" that Pablo Escobar planned his own death, Marroquín said in a 2014 interview. The question of who killed Pablo Escobar is likely to go unresolved, probably by design.

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