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The first “The Vietage by Anantara” luxury train carriage launched in 2020 – a six-hour journey connecting Da Nang and Quy Nhon. Courtesy Anantara“The main difference is that the new route connecting Nha Trang and Quy Nhon passes through many more coastal areas than the journey between Da Nang and Quy Nhon,” says Jones. For the six-hour journeys between Da Nang and Quy Nhon, passengers are served a pre-ordered three-course gourmet meal. The Quy Nhon-Nha Trang route includes an afternoon tea set. The original route departs from Da Nang Train Station at 8 a.m., arriving at Quy Nhon’s Dieu Tri Station at 2:03 p.m.
Persons: , Kate Jones, , Jones Organizations: CNN, Dieu Tri Train Station Locations: Vietnam, Na Trang, Da Nang, Quy, Nha Trang, Trang, Thevietagetrain.com, Dieu Tri, Quy Nhon, Quy Nhon’s Dieu Tri, Southeast Asia
Pyongyang – which has an economy almost entirely dependent of China – is believed by Western governments to be aiding Russia with war supplies. Xi has ramped up his calls for Europe and other countries to help the world avoid a “Cold War,” suggesting they resist what Beijing sees as US efforts to contain China. They have also criticized Israel and the United States – converging with mounting global backlash, especially across the Global South against Israel’s war. The conflict has also impacted how China and Russia view their relations with countries there, he added. China “wants to use Russia” for its aims, but Russia is making China weak, he said.
Persons: Xi Jinping, Vladimir Putin, Putin, , It’s, China –, Xi, France –, Jens Stoltenberg, Sergei Guneyev, , Li Mingjiang, Manoj Kewalramani, Russia doesn’t, Stringer, Gaza —, Sergey Lavrov, presser, Wang Yi, Israel, , Privately, Shen Dingli, China “, Alexander Dugin, Donald Trump, Li Organizations: Hong Kong CNN, West, NATO, Forum, Singapore’s Nanyang Technological University, EU, Takshashila, Boys, Getty, United, Global, Shanghai Cooperation Organization, Russia, Weibo, Moscow, CNN Locations: Hong Kong, China, Russian, Gaza, Ukraine, Moscow, Washington, Iran, North Korea, Pyongyang, Russia, Tehran, Beijing, Europe, France, Serbia, Hungary, Bangalore, Rafah, AFP, Israel, United States, Kewalramani, South, Taiwan, Shanghai, Singapore
Millennium, Brevan Howard, Schonfeld, and ExodusPoint are just a few of the funds that have put roots down in either Abu Dhabi or Dubai. Meanwhile, Bridgewater's Ray Dalio bought a penthouse in Abu Dhabi as he compliments the country's policies. When one US-based hedge fund fundraiser met with Abu Dhabi officials late last year, he didn't expect much to come of it. He lauded everything from the Louvre outpost in Abu Dhabi to the warm weather to the responsiveness from government officials. A Bloomberg story on Abu Dhabi notes that it's fast-tracking country-club admissions for new wealthy immigrants.
Persons: , Brevan Howard, Schonfeld, Bridgewater's Ray Dalio, Austen Smart, Tighe, Smart, Alan Howard, Greg Coffey, Danny Yong, hoover, Doug Greenig, Morgan, Point72, Steve Cohen, Viking Global's Andreas Halvorsen, keynotes, Howard, Abu Dhabi, Craig Bergstrom, Bobby Jain's, Florin Court's Greenig, Abu, Floring Organizations: Service, United Arab Emirates, titans, Business, Tighe International, Florin Court Capital, Morgan Stanley's, Dubai Financial Services Authority, Abu, Abu Dhabi Investment Authority, Mubadala Investment Company, Corbin Capital, Abu Dhabi Global, Hong Kong, pats, Bloomberg Locations: Dubai, Abu Dhabi, London, New York, Mumbai, UAE, Asia, Switzerland, It's, Gaza, Iran, Palm, Europe, Cayman Islands, Jersey, Miami, San Franciso, Riyadh, Saudi
GameStop and AMC are seeing big buying from mom-and-pop investors, but the purchases pale in comparison to the meme stock explosion seen three years ago. The video game seller and movie theater chain saw more than $15.8 million and $37.5 million, respectively, in net retail trader inflows on Monday, data from Vanda Research shows. But that is dwarfed by peak daily inflows of about $87.5 million for GameStop and $170 million for AMC seen in late January 2021. AMC and GameStop, along with other names associated with 2021's blitz including BlackBerry and Koss , were well off session highs in Tuesday afternoon trading. Still, GameStop and AMC on Tuesday were up more than 55% and 40%, respectively, as of 2:15 p.m.
Persons: Keith Gill Organizations: GameStop, AMC, Vanda Research
AdvertisementBut beyond the environmental consequences of the car line, something feels even more detrimental: American parenting culture. Related storiesInstead, I found that Swiss parenting basically boils down to a concept of benign neglect, where kids learn to manage themselves. Chantal PanozzoWhen I first moved to Switzerland, I was homesickMy husband and I moved to Switzerland in 2006 for a job opportunity. Daughter gone. AdvertisementAnd if that isn't a Swiss parenting win in an otherwise American world, then I don't know what is.
Persons: we'd, I've, it's, Chantal Panozzo, I'd Organizations: Service, Business Locations: Chicago, Switzerland, Swiss, Zurich
German Air Force Eurofighter Typhoon fighter jets fly during a media day. Piroschka van de Wouw/ReutersDespite their generational differences, the F-22 Raptor and Eurofighter Typhoon actually have a number of things in common. A German air force Eurofighter Typhoon taxis toward the runway at Eielson Air Force Base in Alaska before departing for a combat-training mission, June 11, 2012. So what's the verdict between the F-22 Raptor and Eurofighter Typhoon? A composite image showing a German air force Eurofighter Typhoon jet and a US Air Force F-22 Raptor.
Persons: , Valerie R, David Cenciotti's, Piroschka van de Wouw, it's, Randy Gordon, Sam Eckholm, doesn't, Rich Wells, Thomas Wiegold, John P, Michael Holzworth, It's, Marc Gruene, haven't, Gruene, isn't, Jens Stoltenberg, Bernd Wüstneck, Eurofighters, Chris Jung, That's, Eric Wicklund, Erich Hartmann, He's, Alex Muller, Andreas Pfeiffer, who's, Thomas Bergeson, Wade Tolliver, we're, Dirk Smith, Mike, Bertie Simmonds, Micheal Jordan, Chesty Puller Organizations: Service, EA, German Eurofighter Typhoons, Business, Eurofighter, Spangdahlem Air Base, US Air Force, Tactical Air Force, America's Raptors, BFM, Germany's Eurofighter, Farnborough, Air, Germany's, German Air Force Eurofighter, Reuters, Typhoon, MIT, RAF, Breaking Defense, AIM, Air Force, Staff, Raptors, Eielson Air Force Base, Tech, Germany's Air Force, Combat Aircraft, TVC, Raptor, NATO, Tactical Air, Getty, Typhoons, Seoul International Aerospace, Defense, Eurofighters, 4th, US Navy, KC, Red Flag, Navy SEAL, ISIS, Qaeda, Flag, FS, Eurofighter Typhoon Locations: Germany, Alaska, Red, Estonia, Vietnam, Flag Alaska, gun's, American
Biden’s tariff plan likely won’t move the needle for monetary policy, said Ryan Sweet, chief US economist at Oxford Economics. “Consumers and producers often pay higher prices when tariffs are implemented.”That’s because tariffs tax imports when they come ashore, adding costs for US distributors, retailers and, ultimately, consumers. Worse, some businesses appeared to take advantage of the trade war by bumping up prices even higher. Container shipping imports from China to Mexico rocketed higher by 60% in January and 34% for the first quarter, Xeneta data shows. “It’s obvious that imports to this extent are not only for domestic purposes in Mexico,” he said.
Persons: Biden, Joe Brusuelas, Donald Trump’s, Trump, , Ryan Sweet, ” Sweet, Sweet, George W, Bush, Barack Obama, Goldman Sachs, , Wells, Nicole Cervi, “ There’s, ” Cervi, Peter Sand, , Sand, “ It’s Organizations: CNN, RSM US, stoke, Oxford Economics, Biden, Peterson Institute for International Economics, Trump, Federal, , US International Trade Commission, New, New York Fed, National Bureau of Economic Research, Republican, ramped, Container Locations: China, New York, , South Korea, Singapore, Taiwan, Vietnam, Wells, Mexico
Behind the curtain of the global arms trade
  + stars: | 2024-05-14 | by ( Momo Takahashi | ) www.businessinsider.com   time to read: +7 min
In his new book, "Nothing Personal: The Back Office of War," photographer Nikita Teryoshin lifts the veil on the global arms trade, capturing defense exhibitions worldwide. Closed to the public, his series offers a rare inside look into the lucrative global arms industry. Guests, politicians, and traders watch a live demonstration of warfare at the International Defense Exhibition in Abu Dhabi. After the construction and the oil and gas sectors, the global arms trade is one of the most corruption-prone sectors in the world, ​​according to Transparency International. By contrast, the international trade of bananas is more tightly regulated than the arms trade, according to the introductory note of the United Nations Arms Trade Treaty.
Persons: Nikita Teryoshin, Teryoshin, Rafael, KAI, Lockheed Martin Organizations: Business, International Defense, Bofors, International Defense Industry, International Defense Exhibition, Rafael Advanced Defense Systems, United Nations Arms, Black Eagles, Nikita, Kalashnikov, Lockheed Locations: East, Ukraine, France, Paris, United States, China, Abu Dhabi, Russia, India, Poland, UAE, Saudi Arabia, Peruvian, Lima , Peru, Korean, Seoul
AdvertisementMoving to London can be tough if you're used to American salaries and social lifeI've looked into moving to New York. My friend who moved to New York when I moved to London started at $80,000. One of my favorite things about London is anytime people from home come over, I'm like, "Let's take a trip." I want to try other cities, but I think I'm just going to end back up in London. I really love London.
Persons: , Gladys Nkengasong, I've, Nkengasong, Let's, let's, It's, I'm Organizations: Service, Business Locations: Atlanta, Ivory Coast, England, Southampton, London, New York, Canada, Europe, France
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Often referred to as the “city of dreams,” Mumbai draws migrants from across the country hoping to find wealth and success. Noemi Cassanelli/CNNThe Covid-19 pandemic only underscored the volatility of migrant workers’ circumstances when millions lost their jobs almost overnight and were forced to go home. The biggest group is in the United Arab Emirates, with 3.4 million NRIs, followed by 2.5 million in Saudi Arabia; next is the United States with 1.2 million. The massive group of disenfranchised migrant workers stands in sharp contrast to these achievements – with no solution in sight. That means for now, voting remains an unlikely reality for many migrant workers.
Persons: India CNN — Chanu Gupta, ” Gupta, Chanu Gupta, Noemi Cassanelli, , Gupta, , Organizations: India CNN, CNN, Nations, United Arab, , Workers Locations: Mumbai, India, Uttar Pradesh, Maharashtra, ” Mumbai, Bihar, Rajasthan, Gujarat, United Arab Emirates, Saudi Arabia, United States, United Kingdom, Dubai, NRIs
That’s all that’s left until the combined Social Security accounts — the Old-Age and Survivors Insurance Trust Fund and the Disability Insurance Trust Fund — are likely to run out of money and can no longer pay full scheduled benefits, according to the latest report of the Social Security trustees. (Even with no fix at all — highly unlikely — incoming payroll taxes would cover 83 percent of scheduled benefits.) What I do worry about is what Washington’s patch for Social Security will look like. The cold math shows that fixing Social Security in a lasting way will require a combination of tax increases and benefit cuts. And both parties’ leaders — President Biden and former President Donald Trump — have ruled benefit cuts off the table.
Persons: — President Biden, Donald Trump — Organizations: Security, Insurance Trust Fund, Disability Insurance Trust Fund, Social, Social Security,
All this, the business administration student says, is part of his quest to land a job with a big bank like Goldman Sachs or JPMorgan. Advertisement"I have to grind a lot for academics and then do internships on top of that," Loh said. Many Singapore students have adopted a similar playbook to Loh's, padding their résumés with stacks of internships in the hopes of landing a spot at a top bank. AdvertisementHussain ended up doing five internships throughout his college career, including stints at a hedge fund and a private bank. Tan is slated to join a top European bank as an investment banking analyst this summer.
Persons: , Channon Loh, he's, Loh, Goldman Sachs, Mike Kemp, Eric Sim, Sim, It's, Adnan Hussain, Hussain, Adnan Hussain Adnan Hussain, you'll, Nicholas Tan, Tan, Duo Geng Goh, Goh, it's, Chi Ang, gunning, Ang, Adrian Choo, Choo Organizations: Service, National University of Singapore, NUS, JPMorgan, Business, Getty, Goldman, Harvard, Crazy Rich, UBS Investment Bank, BI, Singapore Management University, SMU, Students, Banking Locations: Singapore, Crazy
CNN —At least 37 people have been killed, and more than a dozen injured on the Indonesian island of Sumatra after heavy rains triggered flash flooding and a cold lava flow from an active volcano, search and rescue officials said on Sunday. Cold lava, also known as lahar, is a mixture of volcanic debris such as ash, sand and pebbles that flows down a volcano’s slopes during wet weather. Images shared by Indonesia’s disaster response agency showed thick mud and ash partially covering roads and mountainside villages near the foot of Mount Marapi, an active volcano in western Sumatra. Adi Prima/Anadolu/Getty ImagesThe 2,891-meter-high (9,500 feet) Mount Marapi is among the most active volcanoes in Indonesia, which lies on the Pacific Ring of Fire with 127 active volcanos – more than anywhere else in the world. It has erupted 11 times during the early 21st century, with it deadliest single event having killed 60 people in 1979.
Persons: Marapi, Abdul Muhari, Rezan Soleh, Adi Prima Organizations: CNN, Getty, Anadolu Locations: Indonesian, Sumatra, AFP, Lima Kaum, West, Datar District, Indonesia
Chinese fighter jets are targeting Australian aircraft able to detect submarines with risky air maneuvers. Chinese aircraft interfering with Australian aircraft is reminiscent of Soviet Cold War-era harassment. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChinese fighter jets keep targeting Australian aircraft capable of finding and defeating submarines with hazardous maneuvers, suggesting that subs may be what the Chinese jets are guarding so fiercely.
Persons: , Justin Burke, Lowy Organizations: Australian, Service, China, National Security College, Business Locations: China, Sydney
Heavy rain in Indonesia over the weekend triggered flash flooding and sent torrents of cold lava coursing down a volcano and into towns, killing at least 37 people, officials said. Hours of rain on Saturday night carried volcanic rock and ash down Mount Marapi, an active volcano on the island of Sumatra. Those mudslides are known as lahars in Indonesian, which translates to cold lava. Four areas on the western part of Sumatra were badly impacted, according to Indonesia’s disaster management agency. By Sunday night, 37 residents had been killed and another 17 were missing, the agency said.
Persons: Marapi Locations: Indonesia, Sumatra
As a child, I was not fast or coordinated or interested in anything that involved chasing, catching or otherwise playing ball. But in the long, cold and gloomy spring of 2020, I found myself the mother of an 8-year-old son who wanted nothing more than to play ball. My husband was game, but Will’s appetite for catch was voracious. American film and literature are threaded through with stories of fathers and sons playing ball, from Donald Hall’s essays “Fathers Playing Catch With Sons” to a father appearing on the baseball diamond in “Field of Dreams,” transcending death to participate in a game of catch with his son. But as I picked up a glove, the imagined maleness of the game offered me a certain freedom.
Persons: Hitler, Donald Hall’s, , Will Locations: Germany
When I was married, it was our unofficial tradition for me to be disappointed each Mother's Day. And every year, my husband would forget,My first Mother's Day as a single parent arrived just weeks after my husband left our family home. AdvertisementThe holiday highlighted our disconnectLooking back, I can see that my Mother's Day angst was just one of many signs that our marriage was in trouble. He wanted someone who planned, shopped for, and executed each magical holiday, including her own Mother's Day. I get to plan whatever I want nowThe beauty of a single Mother's Day is that I can make it whatever I want.
Persons: we'd, , There's, I've, they'll, pedicures Organizations: Service Locations: minimums
CNN —Nearly 40 years ago, human remains were found on a beach in St. Johns County, Florida. The manner of death was determined to be a homicide, the sheriff’s office said. St. Johns County Sheriff's OfficeThe case went cold over the years and the remains were left unidentified. With the help of advanced technology at the lab, potential relatives of the victim were identified, the sheriff’s office said. St. Johns County is located on the northeast coast of Florida.
Persons: Mary Alice Pultz, John Thomas Fugitt, Gene Tolbert, Fugitt, Tommy, Billy Joe Wallace, , Mary Alice’s, ” Tolbert, Pultz, Norman Jenkins, ” Jenkins Organizations: CNN, Johns County Sheriff’s, Crescent, Facebook, Police Locations: St, Johns County , Florida, Rockville , Maryland, Johns County, Crescent Beach, Maryland, Texas, Florida
CNN —Russian President Vladimir Putin has replaced his defense minister Sergei Shoigu with a civilian, Andrey Belousov, citing the country’s rising military spending and the need for “innovation.”Shoigu had been “relieved” of his post of Minister of Defense by presidential decree and been appointed Secretary of Russia’s Security Council, Kremlin spokesperson Dmitry Peskov said on Sunday night local time. Shoigu would also become Putin’s deputy in Russia’s Military-Industrial Commission, Peskov said, while Nikolai Patrushev, the previous Secretary of the Security Council, would “transfer to another job.”Belousov, who previously served as first deputy prime minister, is a civilian. “Today on the battlefield, the winner is the one who is more open to innovation,” Peskov said. Peskov added that the new appointment did not signal a shift in Russia’s current military system. In his new role, Shoigu will oversee Russia’s military industrial complex, Peskov said.
Persons: Vladimir Putin, Sergei Shoigu, Andrey Belousov, ” Shoigu, , Dmitry Peskov, Shoigu, Peskov, Nikolai Patrushev, ” Belousov, Putin, ” Peskov, It’s, Valery Gerasimov, Shoigu’s, Timur Ivanov, Ivanov, Ukraine –, Wagner, Yevgeny Prigozhin Organizations: CNN, Defense, Russia’s Security, Russia’s, Industrial Commission, Security, Russian Ministry of Defense, of Economic, Staff Locations: Ukraine, Russia
"The one thing that our economy is going to be guaranteed is a wartime economy," Daniel told Business Insider in an interview. Interest in ultra-bearish takes on the market or the economy is on the up based on raw search data. Google searches for "stock market crash" have jumped 17% over the last quarter, while searches for "economic crash" have surged 15%, according to search analytics firm Glimpse. In both communities, users are sounding the alarm on all sorts of apocalyptic scenarios for the economy, with some predicting a stock market crash, housing market crash, or a total collapse of the US financial system. "Others may not be as lucky and could be constrained by them, and that could color their outlooks for the stock market and the economy."
Persons: , Daniel, subreddit, Freddie Smith, Smith, aren't, Jonathan Rose, he's, Rose, there's, that's, Richard Sylla Organizations: Service, Genesis Gold, US, Northwestern Mutual, New York University Locations: Washington ,, Reddit, Florida
The ‘Betches’ Got Rich. So What’s Next?
  + stars: | 2024-05-11 | by ( Sapna Maheshwari | ) www.nytimes.com   time to read: +1 min
“There’s no Torah reading,” Jordana Abraham, the chief comedy officer, deadpanned. As far as coming-of-age tales go, Betches has an upbeat one in a digital media landscape without many. The company, which was early to the phenomenon of viral content as a foundation for digital media companies, never took on outside investment, unlike most of its peers. They started an anonymous humor blog, called “Betches Love This Site,” while they were seniors, roommates and sorority sisters at Cornell University in 2011. (A guide to drinking recommended shots, preferably of vodka, with the aim of blacking out; recommended diets included anorexia.)
Persons: Sami Sage, , ” Jordana Abraham, Betches, Abraham, Sage, Aleen Dreksler Organizations: Betches Media, Cornell University Locations: Flatiron, Long, Roslyn
Donald Trump appeared to close the door on Nikki Haley as a potential vice president. Trump's remark came after an earlier report that Haley was in the mix for VP. AdvertisementFormer President Donald Trump on Saturday threw cold water on any speculation that he was considering ex-presidential rival Nikki Haley as his running mate, saying she was "not under consideration." Just hours after the article was published, Trump went online to set the record straight on his vice presidential search. AdvertisementWhen Haley left the race, she did not throw her support behind Trump's reelection bid and gave no timeline for a potential endorsement.
Persons: Donald Trump, Nikki Haley, Trump's, Haley, , Trump, Ron DeSantis, Chris Christie, Biden Organizations: Service, Saturday, UN, Trump, GOP, Florida Gov, New, New Jersey Gov Locations: South Carolina, New Jersey, exurban
“We respect and support Noelia’s decision to step down from her duties,” the Miss USA pageant said in a statement following Voigt’s announcement. “No woman has ever resigned as Miss USA or as Miss Teen USA, and she’s lost both of them in 48 hours,” he said. And according to Engelhardt, they were far from the only members of the Miss USA organization to depart. Savannah Gankiewicz, who as Miss Hawaii placed as first runner-up during the 2023 Miss USA pageant, will take over as Miss USA following Voigt's resignation. Kyle Terada/USA Today Sports/ReutersOn May 9, the Miss USA pageant announced that Savannah Gankiewicz, Miss Hawaii USA 2023 and first-runner up to Voigt at the 2023 Miss USA pageant, would be taking over the national title and its responsibilities.
Persons: Noelia Voigt, UmaSofia Srivastava, Srivastava, Voigt, , , Ashlee McKey, Alexis Loomans, Rachelle di Stasio —, ” Srivastava, Denise White, Craig Barritt, Laylah Rose, slandering, ” Rose, Tom Williams, Rose, ’ Voigt, White, I’ve, ” White, “ It’s, It’s, Chance Yeh, Thom Brodeur, she’s, Brodeur, Miss, Claudia Engelhardt, Engelhardt, ” Engelhardt, Crystle Stewart, Rob Kim, Weeks, Savannah Gankiewicz, Kyle Terada, Gankiewicz, Shanna Moakler, Cindy Provost, Debbie Miller, — Engelhardt Organizations: CNN, Miss USA, Miss Teen, Miss Teen USA, Utah, Miss North Carolina USA, Miss New York, USA, , Inc, Miss, Miss Universe Organization, Miss Hawaii, Sports, Reuters, Savannah Miss, Voigt’s, Miss Utah USA, Srivastava’s, Miss New Jersey Teen USA Locations: New Jersey, Miss Wisconsin, New York, Sarasota , Florida, Miss Utah, Miss USA, Los Angeles, Utah, , USA, Savannah, Miss Hawaii USA, Savannah Miss USA
The 2024 Army Force Structure Transformation would be the Army's fifth major reorganization since 2003. The most striking aspect of the Army's plan is the large number of new units, for counter-drone protection as well as air and missile defense. In addition, there would be nine counter-small UAS batteries tasked with destroying small drones, and four more Maneuver Short Range Air Defense (M-SHORAD) battalions to stop manned aircraft, helicopters and drones. Monica K. Guthrie/US ArmyThe Army is also basing its plans on untried weapons, such as the Long-Range Hypersonic Missile and air defense lasers. China and Russia have much stronger air and missile forces than the regional opponents the army has faced for the last generation."
Persons: Monica K, Mark Cancian, Cancian, Michael Peck Organizations: Service, US Army, 2024, Army, Business, Congressional Research Service, Congress, Air Defense, Domain, Forces, CRS, Special Operations Forces, Security Force, Guthrie, Energy, Center for Strategic, International Studies, US, Nuclear Forces, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, China, Soviet Union, Ukraine, Forbes
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