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People check new products of Xiaomi ahead of the 2023 Mobile World Congress in Barcelona, Spain February 26, 2023. Demand in the world's biggest smartphone market has long been in decline, with the COVID-19 pandemic and then a faltering economic recovery persuading customers to wait longer before upgrading their phones. IDC predicts the Chinese market is on track to achieve year-on-year sales growth in the fourth quarter after ten consecutive quarters of decline. U.S. chip designer Qualcomm also said last week that it is seeing strong demand from smartphone companies, especially in China. The Mi 14 series, priced between 3,999 yuan and 6,499 yuan ($550-$890), represents an attempt by Xiaomi to make deeper inroads into the premium smartphone market and compete with Apple (AAPL.O) and Huawei.

Persons: Nacho, Lei Jun, Will Wong, Qualcomm, Xiaomi, Yelin Mo, Brenda Goh, Edwina Gibbs Organizations: REUTERS, Rights, HK, Weibo, IDC, Huawei, Apple, Thomson Locations: Barcelona, Spain, Rights BEIJING, China, U.S

☆ China's LONGi jumps on probe into Hillhouse unit's stake transfer
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

Shares of the solar energy firm rose nearly 5% in morning trade after it said HHLR Management Pte. Ltd was being investigated by the China Securities Regulatory Commission (CSRC) for violating share transfer rules. Singapore-based HHLR Management is part of Chinese investment giant Hillhouse's public investment arm HHLR. HHLR Management was notified by the CSRC of the investigation on suspected rule violations on Wednesday, LONGi said, without giving details. HHLR Management held a 4.98% stake in LONGi at the end of September, compared with 5.85% at the end of 2022, according to filings.

Persons: Hillhouse, LONGi, Zhang Lei, didn't, Samuel Shen, Varun Organizations: Green Energy Technology, Management, China Securities Regulatory Commission, HHLR Management, Reuters, Pionner Driving, Thomson Locations: SHANGHAI, HONG KONG, Singapore, Nanjing, LONGi, Shanghai, Shenzhen, Summer, Hong Kong

☆ Global asset managers talk up China as long-term bet
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsHONG KONG, Nov 8 (Reuters) - Top executives at global asset managers on Wednesday talked up China at an event in Hong Kong on Wednesday, championing long-term investment opportunities in an economy battling to break free of pandemic disruption. "Long term, (China) has to be part of a global investment portfolio." Citadel Securities CEO Peng Zhao called China a driver of growth and innovation and said it was "baffling" to think otherwise. He also said Citadel doubled its Hong Kong headcount in the face of pandemic-induced challenges, leveraging the talent the city hosts and its connectivity to other markets. Quinn told the Hong Kong event on Tuesday that wealth flow from mainland China to Hong Kong has grown 3 to 4 times this year.

Persons: Dado Ruvic, Mark Wiedman, Wiedman, Mike Gitlin, Lei Zhang, Anne Richards, Invesco, Andrew Schlossberg, Peng Zhao, Zhang Yichen, Noel Quinn, Quinn, Kane Wu, Xie Yu, Sumeet Chatterjee, Christopher Cushing Organizations: REUTERS, West, Global Financial, Investment Summit, European Chamber of Commerce, Capital, Fidelity International, Citadel Securities, Citadel, Trustar, HSBC Group, Thomson Locations: HONG KONG, China, Hong Kong, West, Singapore

☆ Moldova holds local elections amid Russian meddling allegations
▼ + stars: | 2023-11-05 | by ( Alexander Tanas | ) www.reuters.com time to read: +3 min

[1/2] People walk past election campaign posters ahead of snap parliamentary election, scheduled on July 11, in Chisinau, Moldova July 7, 2021. Pro-European President Maia Sandu has denounced Russia's invasion of Ukraine and accused Moscow of plotting to oust her in a coup. "Thanks to your vote, Moldova has a chance to become a member of the European family. The national security service has accused Shor of helping funnel 1 billion Moldovan lei ($55.60 million) into Moldova to stage anti-government protests during the war in Ukraine and to "buy" voters. Shor said he was sending the money to Moldova to help pensioners, finance social infrastructure projects and some politicians.

Persons: Vladislav Culiomza, Maia Sandu, Ilan Shor, Shor, Ion Ceban, Lilian Carp, Sandu, Yuliia Dysa, Tom Balmforth, Ros Russell Organizations: REUTERS, Rights, European Union, funneling, of Action, Solidarity, PAS, Russian, Moldovan, Constitutional, Chance Party, Thomson Locations: Chisinau, Moldova, Rights CHISINAU, Moscow, Soviet, Ukraine, Russia

☆ Australia-China: After seven years of strain, leader Albanese heads to Beijing
▼ + stars: | 2023-11-04 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

Stakes are high for the four-day visit, which begins on Saturday and will see Albanese meet with Chinese leader Xi Jinping and Premier Li Qiang and make stops in Beijing and Shanghai. Albanese’s trip also carries symbolic overtones, marking 50 years since the first official visit by an Australian leader to Communist China after the two countries established ties. James Bugg/Bloomberg/Getty ImagesUS relations loomAlbanese is heading to Beijing less than two weeks after he met with US President Joe Biden in Washington. As he aims to repair ties with China, Albanese will need to walk a line between these interests and China’s suspicions about the aims of these blocs, analysts say. “Beijing came to learn that the weaponization of trade did not force a close US ally to back down,” said Collinson.

Persons: Hong Kong CNN —, Anthony Albanese, Albanese, Xi Jinping, Li Qiang, Scott Morrison’s, Jingdong Yuan, ”, Cheng Lei, Yang Hengjun, Yang, ” Albanese, Elena Collinson, teeters, ” Collinson, James Bugg, Joe Biden, “ Albanese, Yuan, Xi, Biden, Collinson, “ Organizations: Hong Kong CNN, China’s Foreign Ministry, University of Sydney, Reuters, Huawei, Albanese’s Labor, Canberra, Albanese’s, University of Technology Sydney’s, China Relations Institute, Trans, Pacific, Bloomberg, Getty, Albanese, China, China - Asia Security, Stockholm International Peace Research Institute, Economic Cooperation, Australia Locations: Hong Kong, China, Beijing, Shanghai, Australia, Washington, Seoul, Communist China, Asia, Pacific, Darwin, Pacific Islands, South, University of Technology Sydney’s Australia, Europe, Yarra, Victoria, South China, United Kingdom, Japan, India, Sydney, Stockholm, San Fransisco

CANBERRA, Australia (AP) — Prime Minister Anthony Albanese said Wednesday he will raise the plight of a detained democracy blogger with Chinese leaders during a state visit to China. Albanese said he had approved a draft letter to the sons of Yang Hengjun, who has been detained in China since 2019. Political Cartoons View All 1227 ImagesThey said they had just last week received the first letter Yang had been allowed to send from detention. Feng said Albanese becoming the first Australian prime minister in seven years to visit China created an opportunity for Yang. They hoped Australian authorities could “achieve a second miracle by saving our father.”Asked about Cheng’s case, Albanese told reporters: “Every case is ... different.”

Persons: Anthony Albanese, Albanese, Yang Hengjun, “, ” Albanese, Yang, ” Yang, Feng Chongyi, Feng, “ It’s, ” Feng, Xi Jinping, Li Qiang, Cheng Lei, Xi, Cheng, Yang’s, ” Organizations: —, China’s Ministry of State Security, China Locations: CANBERRA, Australia, China, Beijing, Shanghai, Indonesia

☆ Chinese smartphone maker Xiaomi releases a new operating system as it plans car integration
▼ + stars: | 2023-10-27 | by ( Evelyn Cheng | ) www.cnbc.com time to read: 1 min

BEIJING — Chinese smartphone and appliance maker Xiaomi announced late Thursday a new operating system — as it seeks to develop its ecosystem with the imminent release of its own car. Xiaomi shares rose more than 1% in Hong Kong trade Friday morning, building on gains of more than 20% for the year so far. The new system, called HyperOS, is set to reach consumers Oct. 31 when Xiaomi's latest phones, wearables and TV sets begin sales in China. "The system marks a pivotal move forward in Xiaomi's strategic vision of delivering the 'Human x Car x Home' smart ecosystem," the company said in a release. CEO and founder Lei Jun said on Chinese social media Wednesday that Xiaomi would release its car in the first half of next year.

Persons: Lei Jun Organizations: Xiaomi Locations: BEIJING, Hong Kong, China

CANBERRA, Australia (AP) — Australian Prime Minister Anthony Albanese said he will visit China in early November, making the announcement Sunday hours before he was to fly to the United States to meet with President Joe Biden. Albanese will become the first Australian prime minister to visit China in seven years when he travels to Beijing and Shanghai on Nov. 4-7. The visit will come near the 50th anniversary of Labor Party leader Gough Whitlam becoming the first Australian prime minister to visit the People's Republic of China in 1973. Albanese accepted an invitation weeks ago to visit China this year, but finding suitable dates had been challenging. It will be the ninth time Biden has met with Albanese as prime minister.

Persons: Anthony Albanese, Joe Biden, Albanese, “, ” Albanese, Xi Jinping, Li Qiang, Gough Whitlam, Biden, Cheng Lei, “ We’ll, ”, “ I’ve Organizations: Australian, House, U.S, China, Labor Party, World Trade Organization, Biden, Economic Cooperation, Darwin Port, Shandong Landbridge Group Locations: CANBERRA, Australia, China, United States, Beijing, Shanghai, United Kingdom, U.S, Britain, People's Republic of China, Washington, Asia, San Francisco, Tokyo, Japan, India, Darwin

☆ Breaking down the complicated and erratic relationship between stocks and bonds
▼ + stars: | 2023-10-21 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

At Friday's close of 4224 on Friday, the S & P 500 is off 8% from the July high, with its equal-weighted version down 11%. .SPX YTD mountain S & P 500 YTD Yet the S & P was also at about the current level on Sept. 22, when the 10-year was a half-percentage-point lower, as well as on June 2, when it was at 3.7%. It's taken as a given in most corners of the investment business that higher rates available on bonds serve mechanically to compress equity valuations. Which is how the stock market finds itself here, with real or incipient breakdowns in regional banks and transportation stocks, the median S & P 500 component down for the year. The S & P 500 has gone on to drop a bit further, rally weakly and then roll back toward a five-month low.

Persons: James Carville, Bill Clinton, Stocks, it's, It's, Savita Subramanian, Jay Powell, LEI, Bond Organizations: Treasury, Bank of America, Group, Bloomberg News Locations: Friday's, corporates, Israel

Sales rose in the Northeast but fell elsewhere, although sales were down year to year throughout the country. Sales are now running at an annual rate of 3.96 million, down 15.4% from 4.68 million a year ago. On Tuesday, the Census Bureau reported that retail sales rose by 0.7%, more than twice what had been expected, as consumers flocked to eating and dining establishments and shopped more online. Among middle-income households, 25% plan to spend more, while 16% of low-income households will increase holiday spending. “Despite a lot of the negativity you see everywhere, consumers seem pretty resilient,” Rose says.

Persons: ”, Lawrence Yun, LEI, Justyna, Monica, TransUnion, Mark Rose, ” Rose Organizations: National Association of Realtors, Federal, Conference, The Conference Board, “, The, Board, Federal Reserve Bank, Atlanta’s, Census Bureau, Labor Department

☆ Chinese AI startup Baichuan raises $300 mln from Alibaba, Tencent, others
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

HONG KONG/BEIJING, Oct 17 (Reuters) - Chinese artificial intelligence (AI) startup Baichuan has raised $300 million from investors including Chinese tech giants Alibaba (9988.HK) and Tencent (0700.HK), it said on Tuesday. The company said on its WeChat account that the round followed an early $50 million angel round. China's craze over generative AI has triggered a flurry of product and fundraising announcements from startups and tech giants, as the industry races to find a homegrown rival to Microsoft-backed OpenAI's ChatGPT. Shunwei Capital, a venture capital firm chaired by Xiaomi's chief executive Lei Jun, participated in the capital raise, according to a source familiar with the matter. Baidu (9888.HK) on Tuesday unveiled the newest version of its generative AI model, Ernie 4.0, saying its capabilities were on par with OpenAI's pioneering GPT-4 model, but analysts cautioned the launch lacked major highlights versus the previous version.

Persons: Wang Xiaochuan, Baichuan, Lei Jun, Shunwei, Ernie, Josh Ye, Roxanne Liu, Jason Neely, Emelia Organizations: HK, Microsoft, Shunwei, Baidu, Thomson Locations: HONG KONG, BEIJING, Hong Kong, Beijing

[1/2] Performers dance to welcome Vietnam's President Vo Van Thuong at Beijing Capital International Airport ahead of the Third Belt and Road Forum in Beijing, China, October 17, 2023. The conciliatory approach towards rivals as well as China's partners in the developing world comes as President Xi Jinping gets to grips with the most significant domestic economic problems seen in years. China has not changed its tone on every issue. It has not backed away from escalating maritime confrontation with the Philippines in the South China Sea. Stabilizing the U.S. relationship, including with a meeting between Xi and U.S. President Joe Biden at an upcoming Asia- Pacific summit, could give China breathing room.

Persons: Vo Van Thuong, Parker, Biden, Xi Jinping, Noah Barkin, Barkin, Cheng Lei, Xi, Chuck Schumer, Willy Lam, Huiyao Wang, Qin Gang, Li Shangfu, Joe Biden, Donald Trump, Zack Cooper, Don Durfee, Robert Birsel Organizations: Beijing Capital International, Forum, U.S, Initiative, Jamestown Foundation, for, Marshall, American Enterprise Institute, Washington, Thomson Locations: Beijing, China, San Francisco China, HONG KONG, WASHINGTON, Sri Lanka, United States, Asia, Europe, Australia, U.S, Zambia, Philippines, South China, Africa, for China

Most of the school burned down, but its leaders quickly got classes up and running at Sacred Hearts Mission Church 10 miles (16 kilometers) away. Sacred Hearts and other private schools across the state took in displaced public school students, such as Cuaresma, while offering a year of free tuition. Other students bused more than 45 minutes away to public schools on the other side of Maui or opted for remote classes. Debbie Tau’s two children won’t return to their Lahaina schools because she also is worried the air isn’t safe. Patrick Williams said the first time he saw his son Kupaʻa praying at Sacred Hearts reminded him of his own childhood in Mississippi.

Persons: ”, Cailee Cuaresma, “ I’m, Cuaresma, Tonata Lolesio, “, Lahaina , King Kamehameha III, Nāhiʻenaʻena, Tiffany Teruya, Puʻuwai, Debbie Tau’s, Patrick Williams, ’ ” Williams, Williams, Gabby Suzik, Suzik, ” Suzik, Charlene Ako, Ako, Maile Organizations: Lahainaluna High, Sacred Hearts School, Hearts Mission, Hearts, Workers, Assistance Dogs, Lahaina, Maui Preparatory Academy, Lahaina’s, Maui Prep Locations: LAHAINA, Hawaii, Maui, Lahaina, Lahaina , King, Kihei, COVID, Mississippi, Asuncion, Waiola

I asked money experts for tips on how to get the most out of selling stocks by the end of the year. I'm going to use tax-loss harvesting to maximize the benefit I get from selling stocks. One pain point I'm addressing is that I have lost so much money in the stock market this year, and I just want out. With his recommendation, I sat down and reviewed each individual stock, looked into the company's earning reports, and researched news about emerging trends in that industry. However, Han shared a caveat that's important to know if you're someone who plans to keep on buying and selling stocks.

Persons: I'm, —, I've, Jeff Rose, Lei Han, Rose, Han, shouldn't Organizations: Service, CPA

☆ China FX regulator says CBDC features could improve monetary policy
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

China's official app for digital yuan is seen on a mobile phone next to 100-yuan banknotes in this illustration picture taken October 16, 2020. REUTERS/Florence Lo/Illustration/File photo Acquire Licensing RightsSHANGHAI, Oct 13 (Reuters) - A Chinese foreign exchange regulator official said "programmable features" of a central bank digital currency (CBDC) could help enhance the effectiveness of monetary policy tools, state media reported on Friday. China is among a host of countries developing their own CBDCs - digital tokens issued by central banks - although adoption is still in its early stages. Lu said he expected the People's Bank of China (PBOC) could explore the features to adjust rates of CBDC, which could also be used manage the macro economy. Transactions using China's CBDC, the e-CNY, hit 1.8 trillion yuan ($249.33 billion) at end-June.

Persons: Florence Lo, Lu Lei, Lu, Sam Holmes Organizations: REUTERS, Rights, State Administration of Foreign Exchange, Shanghai Securities News, People's Bank of China, Bank of International, Shanghai, Thomson Locations: China

☆ Foreign nationals detained in China
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

Here are some other high-profile cases of foreign nationals detained in China:YANG HENGJUNThe Australian writer has been detained in China for more than three years, and in 2021 was tried in Beijing on undisclosed national security charges. His arrest coincided with worsening relations between Australia and China and a verdict in his case has been repeatedly delayed. JAPANESE BUSINESSMANA Japanese employee of Astellas Pharma Inc, who has not been identified publicly, was detained in Beijing in March on suspicion of espionage, sending a chill through the Japanese business community in China. The Chinese foreign ministry, when asked last month if the Japanese employee had been arrested, said foreign nationals in China must abide by the country's laws or be prosecuted otherwise. KAI LILi, who is Chinese-American, has been detained in China since 2016.

Persons: Cheng Lei, YANG HENGJUN, Yang, ROBERT SCHELLENBERG, Meng Wanzhou, MARK SWIDAN, Katherine Swidan, KAI LI Li, Harrison Li, Laurie Chen, Don Durfee, Robert Birsel Organizations: Astellas Pharma Inc, Kyodo, Huawei, United, Reuters, Thomson Locations: BEIJING, Australian, China, Beijing, Australia, United States, Vancouver, Canada, MARK SWIDAN The Texas, United Nations

☆ Australian journalist Cheng Lei back home after China release
▼ + stars: | 2023-10-11 | by ( Kirsty Needham | ) www.reuters.com time to read: +4 min

[1/6] Australian journalist Cheng Lei poses for a selfie at an unknown location in this undated picture obtained by Reuters on August 11, 2023. Nicholas Coyle/Handout via REUTERS/File Photo Acquire Licensing RightsSYDNEY, Oct 11 (Reuters) - Australian journalist Cheng Lei, who had been detained in China on national security charges for more than three years, returned home on Wednesday after being released, Australia's Prime Minister Anthony Albanese said. Cheng, who was tried in secret in March 2022, arrived in Melbourne and has been reunited with her two children and family, Albanese told a press conference. Albanese said he expected to visit China this year and told reporters dialogue with China was "a good thing". Albanese said Australia "continued to advocate" for another detained Australian journalist, Yang Hengjun, who has been held since January 2019.

Persons: Cheng Lei, Nicholas Coyle, Handout, Anthony Albanese, Cheng, Albanese, Penny Wong, I've, Xi Jinping, Ryan Neelam, " Albanese, Yang Hengjun, Yang, Adam Ni, Kirsty Needham, Laurie Chen, Alasdair Pal, Clarence Fernandez, Miral Organizations: Reuters, REUTERS, Rights, Australia's, Lowy Institute, Independent, Thomson Locations: Australian, China, Melbourne, Australia, Beijing, Independent China, Canberra, Sydney

☆ Australian journalist Cheng Lei detained by China arrives home
▼ + stars: | 2023-10-11 | by ( ) www.cnbc.com time to read: 1 min

CGTN anchor Cheng Lei speaking on stage at the Corporate Innovation Summit during day two of Web Summit 2019 at the Altice Arena in Lisbon, Portugal. Australian journalist Cheng Lei, who had been detained on national security charges in Beijing for more than three years, returned home on Wednesday after being released, Australia's Prime Minister Anthony Albanese said. Cheng, who was tried in secret in March 2022, arrived in Melbourne and has been reunited with her two children and family, Albanese told a press conference. "(The) government has been seeking this for a long period of time and her return will be warmly welcomed not just by her family and friends but by all Australians," he said. Albanese said he expected to visit China this year.

Persons: Cheng Lei, Anthony Albanese, Cheng, Albanese Organizations: Corporate, Web, Australia's Locations: Lisbon, Portugal, Australian, Beijing, Melbourne, China

CNN —Australian TV anchor Cheng Lei has been released by China and returned home to her family, Australia’s Prime Minister Anthony Albanese announced Wednesday, more than three years after she was detained on opaque espionage charges. “We are pleased to confirm that Australian citizen Ms Cheng Lei has arrived safely home in Australia and has been reunited with her family,” Albanese said in a statement. Cheng had been on her way to work on the morning of August 13, 2020, when she was taken by China’s Ministry of State Security, according to her partner Nick Coyle. Her release follows the completion of legal process in China, according to the Australian statement. Shortly afterwards, China’s Ministry of State Security said in a statement that Cheng was deported Wednesday after completing her sentence.

Persons: Cheng Lei, Anthony Albanese, Ms Cheng Lei, ” Albanese, “, Cheng, CGTN, Nick Coyle, –, Wang Wenbin, Wang, ” Wang, Coyle, Cheng “, ”, ” “ Organizations: CNN, China’s Ministry of State Security, ”, China’s Foreign, Tullamarine, of Foreign Affairs, Trade Australian, Canberra, Observers, Chinese Foreign Ministry, Sky News Locations: China, Australia, Beijing, Melbourne, Australian, Sky News Australia, FreeChengLei

☆ Factbox-Foreign Nationals Detained in China
▼ + stars: | 2023-10-11 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +2 min

Persons: Cheng Lei, YANG HENGJUN, Yang, ROBERT SCHELLENBERG, Meng Wanzhou, MARK SWIDAN, Katherine Swidan, KAI LI Li, Harrison Li, Laurie Chen, Don Durfee, Robert Birsel Organizations: Astellas Pharma Inc, Kyodo, Huawei, United, Reuters Locations: BEIJING, Australian, China, Beijing, Australia, United States, Vancouver, Canada, MARK SWIDAN The Texas, United Nations

DALLAS (AP) — Dillon Gabriel knew he couldn’t take a sack as the pocket collapsed around him in the closing seconds of his Red River rivalry debut, the kind of big game he went to Oklahoma to play. 3 Texas on Saturday in their last matchup at the State Fair of Texas as Big 12 members before moving to the Southeastern Conference. Gabriel completed 23 of 38 passes for 285 yards and ran 14 times for 113 yards and a score. And we will.”They could play the Sooners again, if both make it to the Big 12 championship game on Dec. 2. UP NEXT Oklahoma has an open date before hosting Big 12 newcomer UCF on Oct. 21.

Persons: — Dillon Gabriel, Nic Anderson, ” Gabriel, Gabriel, Anderson, “, Greg Sankey, Brent Venables, don’t, Dillon, ”, Bert Auburn’s, Drake Stoops, …, Steve Sarkisian, Quinn Ewers, It’s, ” Ewers, ” Jonathon Brooks, Brooks, Xavier Worthy, Zach Schmit’s, Sankey, Texas superfan Matthew McConaughey, Texas ’ Malik Muhammad, Danny Stutsman, Stutsman, Venables Organizations: DALLAS, Oklahoma, State Fair of Texas, Big, Southeastern Conference, SEC, Sooners, Longhorns, UCF, Texas, Mayfield, Tampa, Cotton, College Football, Georgia, NEXT Oklahoma, Southwest Conference Locations: Oklahoma, Texas, Hawaii, ” Texas, Ewers . Oklahoma, . Texas, Houston

There are businesses still functional ... That’s a public health issue,” Koger continued, adding that there are also significant “cultural concerns” associated with the debris removal. The debris removal not only is occurring on an island in the Pacific Ocean, but Maui has no landfills certified to take hazardous waste. Cultural monitors, who are Native Hawaiians from Maui, are also accompanying the EPA and eventually the Corps during the cleanup. The Corps said plans are being worked out to move debris to a temporary site then eventually to permanent disposal sites in Maui County. Even so, Maui County Council Vice-Chair Yuki Lei Sugimura often hears from many anxious residents looking to return and build a new home.

Persons: ”, Cory Koger, ” Koger, Steve Calanog, King Kamehameha, ” Calanog, Micah Kamohoali’i, Wayne Tanaka, Yuki Lei Sugimura, “, Michael Casey Organizations: Environmental Protection Agency, EPA, U.S . Army Corps of Engineers, West Coast ., National Park Service, Hawaii Department of Health, Corps, Information Center, Sierra Club of Hawaii, “, AP Locations: Maui, Kula, Lahaina, Paradise, California, Oregon , Colorado, New Mexico, they’re, That’s, Oregon, West Coast, Hawaii, Lahaina Hongwanji, United States, Maui County, Central Maui

☆ Joe Biden has a decision to make about Julian Assange
▼ + stars: | 2023-10-01 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +26 min

A small group of lawyers and media executives gathered in a well-appointed back room to listen to Gabriel Shipton, Assange's half-brother. In the case of Vault 7, WikiLeaks' source turned out to be a disgruntled former C.I.A employee. AdvertisementAdvertisementIn New York, Gabriel Shipton, Assange's half-brother, declined to rule out the possibility of a plea deal. Every time the Australian government raises this issue, the Chinese government puts out a statement about Julian Assange. Senator Peter Whish-Wilson, right, was part of a delegation of Australian officials in the US to press for the release of Julian Assange.

Persons: Julian Assange, Assange, Gabriel Shipton, Tucker Carlson, Tucker, Shipton, he'd, Anthony Albanese, Joe Biden, Monique Ryan, Albanese, Mike Pompeo, Caroline Kennedy, Der Spiegel, El Pais, David Hicks, Julian, John Shipton, Assange's, John, Gabriel, Brett Assange, Peter Whish, Wilson, We've, Robert Carr, Chelsea Manning's, Obama, We're, Cheng Lei, —, Chelsea Manning, Manning, What's, Julian Assange's, John MacDougall, …, they'd, he's, John Young, Laura Poitras's, Mueller, Robert Mueller's, John Podesta's, Bernie Sanders, John Koeltl, They've, Donald, Trump, we've, James Comey, Hillary Clinton, He's, I'm, Yevgeny Prigozhin's Wagner, I've, Putin, exfiltrate Assange, Julian wasn't, Dana Rohrabacher, Rohrabacher, Jennifer Robinson, Tracey Nearmy, we'd, Marjorie Taylor, Greene, Antony Blinken, Biden, Mattathias Schwartz Organizations: United Nations General Assembly, WikiLeaks, Washington Post, Washington, DOJ, The Washington, Australia's Labor Party, New, Biden, Senate Intelligence, Justice Department, New York Times, Guardian, Chelsea, Pentagon, Getty, Justice, The State Department, Laura Poitras's WikiLeaks, State Department, DNC, Democratic, Committee, Democratic National Convention, of, Russian Federation, Novaya Gazeta, Trump, CIA, The Justice Locations: New York, London, Assange's, Pacific, Ecuadorian, Washington, Russia, Australia, Shipton, Brig, Chelsea, Iraq, Australian, China, American, Moscow, Getty Shipton, … Shipton, Cryptome, There's, Southern, of New York, Russian, Ukrainian, Ukraine, Panama, schwartz79@protonmail.com

☆ A 32-year market vet warns a recession is still on the way as the Fed's jumbo rate hikes continue to work their way into the economy — and shares 3 reasons why stocks are overvalued by 35%
▼ + stars: | 2023-09-30 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

The hikes scared investors into thinking a recession would be on the way. But today, the labor market remains strong and inflation is under 4%, prompting rosier outlooks about the fate of the US economy. Rate hikes take time to work their way into the economy. But their main adversary going forward is going to be the Fed, with inflation still elevated. The Consumer Price Index is at 3.7% year-over-year, and core inflation, which the Fed watches closely, is even higher at 4.3%.

Persons: Michael Pento, Piper Sandler, Pento, Louis, LEI, Greg Boutle, Morgan Stanley's Mike Wilson, Piper Sandler's Michael Kantrowitz, Jeremy Grantham, Merrill Lynch, Gary Shilling, Jerome Powell Organizations: Federal Reserve, Federal Reserve Bank of St, National Federation of Independent Businesses, Conference, Stock, Robeco, Nasdaq, BNP, Fed

☆ Tourists are still not returning to China and that's not good for anybody
▼ + stars: | 2023-09-26 | by ( Cork Gaines | ) www.businessinsider.com time to read: +6 min

International tourism to China is still well below pre-pandemic levels. Tourism is one of several economic woes in China that could spill over into the global economy. Now add another problem — China's tourism industry is struggling to recover from the pandemic. AdvertisementAdvertisementThe China Tourism Association noted in May that "the number of visitors from Europe, America, Japan and Korea are all dropping, substantially," The Japan Times reported. China's problems could spill over into the global economyTrouble for China's economy could mean more bad news for the rest of the world.

Persons: —, Fan Lei, Taylor, Grace Smith, Janet Yellen, Joe Biden, Tourism hasn't, They're Organizations: Tourism, Service, Street Journal, China Tourism Association, Japan Times, Tourists, Forbidden, US State Department, CNN, China Morning, MediaNews, Denver Locations: China, Ukraine, Europe, America, Japan, Korea, Forbidden City, Denver

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