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☆ Latino immigrant workers died on the Baltimore bridge. More will likely rebuild it
▼ + stars: | 2024-04-04 | by ( Ramishah Maruf | Gloria Pazmino | ) edition.cnn.com time to read: +12 min

More than two-thirds of Hispanic construction workers in America are foreign born. Working without a safety netFor the workers paid to rebuild the bridge, the job will be grueling — and dangerous. CNNWork-related deaths among foreign-born Hispanic or Latino workers rose to their highest level in 2021, according to the most recent Bureau of Labor Statistics data. Fourteen percent of all work-related fatalities in 2021 were foreign-born Hispanic or Latino workers, and most of them worked in construction. The agency’s reports also “consistently show” that Latino and/or immigrant workers are less likely to report employer health and safety violations.

Persons: Francis Scott Key, We’re, It’s, Reinaldo Quintero, “, Carlos Hernández, Miguel Luna, Yassir Suazo Sandoval, Jose Mynor Lopez, Dorlian Castillo Cabrera, ”, Saket Soni, Alejandro Hernandez Fuentes, Soni, ” Quintero, ’ ”, Sean McGarvey, Ligia Guallpa, Quintero, Hurricane Michael, Reinaldo Quintero “, ” Guallpa, Guallpa, Hurricane, Dave Einsel, ” Soni, Ron DeSantis ’, Fort Organizations: New, New York CNN, Bureau of Labor Statistics, CNN, Key, CNN Construction, Resilience Force, Force, of Labor Statistics, New York Committee, Occupational Safety, Health, York, New York State Department of Labor, Workers, North, Unions, Worker’s, Hurricane, Panama City, Safety, Health Administration, Historic New, New York Times, Gov Locations: New York, America, Louisiana, Hurricane, Florida, Mexico, Guatemala, El Salvador, Honduras, United States, New York City, North America’s, Canada, Venezuela, Panama, Baltimore, New Orleans, Texas, North Carolina, Historic New Orleans, Fort Meyers

☆ China's Xi meets U.S. executives as businesses navigate bilateral tensions
▼ + stars: | 2024-03-27 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +8 min

The forum this year coincided with other efforts to attract foreign business. However, a combination of geopolitical tensions, regulatory uncertainty and slower economic growth have made it more challenging for foreign businesses in China. ... foreign companies share the same lack of confidence and worries about an uncertain future that is felt amongst much of China's domestic industry. Looking for economic clarityFor businesses considering China investment plans, the country's near-term growth outlook is another factor. He emphasized China's large market, industrial supply chain, and pointed out how China has worked on issues such as data exports and equal market treatment for foreign businesses.

Persons: Tim Cook, Management Dean Bai Chong, Xi Jinping, Stephen Schwarzman, Cristiano Amon, Mark Carney, Rajesh Subramaniam, Joe Biden, Carlos Gutierrez, Sean Stein, Gutierrez, Biden, Scott Kennedy, Peter Bachmann, Bachmann, Kennedy, Stephen S, Roach, Yale Law School's Paul Tsai, he's, China's, Han Zheng, Amin H, Nasser Organizations: Apple, China Development Forum, Tsinghua University School of Economics, Management, China News Service, Getty, U.S . Blackstone, Qualcomm, Bloomberg, FedEx, China, Cyberspace Administration, U.S, American Chamber of Commerce, of Commerce, Scott, Scott Kennedy Center for Strategic, Studies, China Centre, University of Applied Sciences, Arts Northwestern Switzerland, Center for Strategic, International Studies, Yale Law, Yale Law School's Paul Tsai China, Communist Party, Invest, CNBC, Aramco Locations: China, BEIJING, U.S, San Francisco, Beijing, Shanghai, Washington ,, Saudi

☆ Germany's refusal to send 'Taurus' missiles to Ukraine is highly contentious — but won't break the government
▼ + stars: | 2024-03-19 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +4 min

One key concern is that Ukraine may need on-the-ground help from German soldiers to work the Taurus missiles — a red line for Scholz. Since last November, the CDU has repeatedly tabled votes on sending Taurus missiles to Ukraine in Germany's parliament and failed. Annalena Baerbock, Green party foreign secretary, meanwhile, discussed Taurus missiles with U.K. foreign minister David Cameron. Separately, a high-profile Green party MP joined forces with a prominent CDU politician to pen an op-ed advocating for the delivery of Taurus missiles. "Unfortunately the Taurus debate keeps sucking up all the oxygen in the room, repeating itself over and over again.

Persons: Olaf Scholz, Macron, Tusk, Christoph Soeder, Scholz, Chancellor Scholz, Frank Sauer, Annalena, David Cameron, Ulrike Franke, MBDA, Matthias Balk, Sauer, Franke Organizations: Polish, Federal, Getty, Taurus, Bundeswehr, Russia, Christian Democrats, Free Democrats, Greens —, Scholz's Social Democrats, CDU, Greens, Social Democrats, University of, Metis Institute for Strategy, Foresight, CNBC, European Council, Foreign Relations Locations: Ukraine, Germany, Russia, Germany's, Taurus, Bundeswehr Munich, Green, Swedish, Berlin

☆ Macron doubles down on possible NATO deployment in Ukraine ahead of talks to bridge rift with Germany
▼ + stars: | 2024-03-15 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +4 min

A photo of a television screen shows French President Emmanuel Macron during a televised address to the nation, made from the Elysee Palace, after signing into law a pensions reform, in Paris, on April 17, 2023. French President Emmanuel Macron has doubled down on the possibility of sending troops into Ukraine, a day before a key summit with Germany, which is staunchly opposed to the idea. The latest statements by Macron once again risk pitting him against NATO allies, who distanced themselves from the possibility of their own national military deployment in Ukraine in February. Foreign volunteers have assisted both Russia and Ukraine in the war so far, but not as part of any formal military deployment. Macron on Friday is meeting with German Chancellor Olaf Scholz in Berlin for talks that many hope could silence simmering tensions over Ukraine.

Persons: Emmanuel Macron, Macron, Dmitry Peskov, Jens Stoltenberg, Olaf Scholz, Donald Tusk, Scholz, Tusk, Andrezj Duda, Joe Biden Organizations: TF1, NATO, French, CNBC, Google, Foreign, Leopard, Taurus Locations: Elysee, Paris, Ukraine, Germany, France, Russia, Europe, Berlin, Polish, Weimar, Kyiv

☆ Immigration is 'taking pressure off' the job market and U.S. economy, expert says
▼ + stars: | 2024-03-02 | by ( Greg Iacurci | ) www.cnbc.com time to read: +10 min

Mark Zandi, chief economist at Moody's Analytics, said the increase in foreign-born workers is "taking pressure off the economy." The growth in foreign-born workers comes amid a contentious immigration policy debate in the U.S. Immigrants' share of the labor force has increased since 1996, when the Bureau of Labor Statistics began collecting such data. A growing population and labor force are key components of a healthy economy and the nation's ability to pay its bills, economists said. In other words, the economy is both absorbing immigrants and generating job opportunities for U.S.-born workers, the institute said.

Persons: Mark Zandi, it's, Alejandro Mayorkas, John Moore, Muzaffar Chishti, Jack Malde, Qian Weizhong, Steven Camarota, Camarota, Paul Ratje, Eric Thayer, Malde, EPI, Zandi, There's, Luis Alvarez Organizations: U.S . Bureau of Labor Statistics, Moody's, Republicans, U.S, Department of Homeland, U.S . Border Patrol, U.S . Department of Homeland, Getty, Migration Policy Institute, CNBC, Foreign, U.S . Immigrants, Bureau of Labor Statistics, Pew Research Center, Social Security, Congressional, Office, Center, Immigration, . Border Patrol, Getty Images, Federal Reserve Bank of San, Center for Immigration Studies, Afp, Bloomberg, Economic Policy Institute, National Academies of Sciences, Engineering, Medicine, Digitalvision Locations: U.S, Mexico, Eagle Pass , Texas, San Diego , California, Federal Reserve Bank of San Francisco, Paso, Ciudad Juarez , Mexico, Los Angeles

☆ The Funeral of Aleksei Navalny, in Photos
▼ + stars: | 2024-03-01 | by ( The New York Times | ) www.nytimes.com time to read: 1 min

Russians traveled from far and wide to bear witness as Aleksei A. Navalny, the Russian opposition leader who died in an Arctic prison at 47, was buried in Moscow on Friday amid a heavy police presence. Others said, “Thank you for your son!” to Mr. Navalny’s mother, Lyudmila Navalnaya, who had fought for days to reclaim his body. Eventually, the authorities relented, but Mr. Navalny’s team described having to overcome a gantlet to persuade a church, a cemetery and a hearse to take part in the burial. Thousands turned out for the service, Mr. Navalny’s supporters estimated. Mr. Navalny’s coffin was lowered into the cemetery grounds to the strains of the Sinatra song “My Way” and one from the movie “Terminator 2,” video showed.

Persons: Aleksei A, ”, Navalny’s, Lyudmila Navalnaya, “ Locations: Russian, Moscow

☆ Opinion | The Wars in Ukraine and Gaza Have Changed. America’s Policy Hasn’t.
▼ + stars: | 2024-03-01 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +1 min

Joe Biden’s presidency has been dominated by two foreign policy crises: the wars in Ukraine and Gaza. The funding the United States has provided in those wars — billions to both Ukraine and Israel — has drawn backlash from both the right and the left. Richard Haass is an icon of the U.S. foreign policy establishment. He’s recently been making the case that our foreign policy is insufficiently independent — that we’ve become captured by allies that have interests that diverge from our own. His view of this moment is a signal of larger shifts that could be coming in the U.S. foreign policy consensus.

Persons: Joe Biden’s, Israel —, “, Ezra Klein, Richard Haass, He’s, we’ve Organizations: Apple, Spotify, Amazon Music, Google, Foreign Relations, Republican, America’s Locations: Ukraine, Gaza, States, Israel, U.S

☆ Japan’s population crisis was years in the making – and relief may be decades away
▼ + stars: | 2024-03-01 | by ( Jessie Yeung | ) edition.cnn.com time to read: +10 min

The demographic crisis has become one of Japan’s most pressing issues, with multiple governments failing to reverse the double blow of a falling fertility rate and swelling elderly population. But Japan’s crisis is unique in that it’s been decades in the making, experts say – meaning its impact is particularly evident now, with relief unlikely to come anytime soon. ‘Not reversible’The first thing to understand about Japan’s population crisis is that it’s only partly behavioral, said James Raymo, professor of sociology and demography at Princeton University. As of last year, Japan’s fertility rate sat at 1.3. The real problem is that the fertility rate has been consistently low for so long.

Persons: handwringing, It’s “, –, it’s, James Raymo, ” Raymo, ‘, aren’t, Raymo, Tomohiro Ohsumi, – “, Stanislav Kogiku, “, ” Organizations: CNN, Princeton University, government’s Institute of Population, Social Security Research, Getty Locations: Japan, China, Hong Kong, Taiwan, South Korea, Spain, Italy, United States, India, Yonomori, Fukushima, singlehood, Vietnam, Shinjuku, Tokyo, Toyko

Paris CNN —French President Emmanuel Macron openly discussed the possibility of sending European troops to Ukraine to help Kyiv win the war against Russia, a potential major escalation to the largest ground war Europe has seen since World War II. Macron did, however, announce that a new coalition would be created to supply Ukraine with medium-range and long-range missiles. Macron pointed out that Western democracies have gradually increased their support to levels unthinkable when the war began. Macron warned at the start of the summit that Russia would likely attack beyond Ukraine in the coming years, threatening Europe’s collective security. “This is a European war,” Macron said.

Persons: Emmanuel Macron, Macron, ”, “, Olaf Scholz, ” Scholz, ” Macron, Volodymyr Zelensky, Vladimir Putin, ‘, Dmitry Peskov, ” Peskov, Sergey Lavrov, Donald Trump, It’s, Anna Chernova, Vasco Cotovio Organizations: Paris CNN —, Kyiv, Ukraine, Russia, Republicans, CNN, European Union, Kremlin, EU Locations: Ukraine, Russia, Europe, Hungary, Slovakia, Russian, Ukrainian, Washington, Germany, Kyiv, ”, Moscow, “, United Kingdom, EU

☆ US allows China to boost passenger flights to 50 per week as summer travel season nears
▼ + stars: | 2024-02-27 | by ( Laura He | ) edition.cnn.com time to read: +4 min

By February of that year, most American airlines had suspended flights to China due to fears about the coronavirus. In the next month, the CAAC slashed international flights to China, citing the need to curb imported Covid-19 cases. Despite the two sides amending their rules after negotiations, the number of flights between the United States and China still fell significantly during the pandemic. We look forward to once again welcoming Chinese group travel to the United States,” she said in a statement issued at the time. In June, Reuters reported that newly approved flights by Chinese airlines were indeed avoiding Russian airspace on their way to the United States.

Persons: Hong Kong CNN —, David McNew, Trump, Gina Raimondo, ”, Biden Organizations: Hong Kong CNN, US Department of Transportation, ” Citi, Civil Aviation Administration of China, Air China, LAX Tom, US, Reuters Locations: China, Hong Kong, Hong Kong CNN — Washington, United States, Los Angeles , California, Beijing, Washington, Russia, Ukraine

☆ House Speaker Mike Johnson faces a defining dilemma on Ukraine
▼ + stars: | 2024-02-27 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —House Speaker Mike Johnson has the fate of a democracy and a people in his hands. It’s not the United States, which will survive – even if the coming general election results in another existential test for the constitutional system. Johnson, a backbencher who was the last-ditch choice to lead the mutinous House GOP majority last year, could relieve Ukraine’s agony and help ensure its survival as an independent nation in the coming days. Nothing can be guaranteed in a fractious Congress, with a House GOP majority that has rendered the United States close to ungovernable and is threatening America’s global leadership role. And history is watching whether Speaker Johnson will put that bill on the floor.

Persons: Mike Johnson, It’s, Johnson, Vladimir Putin, –, Donald Trump, speakership, Joe Biden, Kevin McCarthy, Volodymyr Zelensky, CNN’s Kaitlan Collins, McCarthy, Hakeem Jeffries, Mitch McConnell, Chuck Schumer —, ”, Jake Sullivan, ” Sullivan, Putin, ” Trump, Trump, Biden, ” Rep, Byron Donalds of, ” Zelensky, “, ” Johnson, David Cameron, Marjorie Taylor Greene, Radoslaw Sikorski, ” Sikorski, CNN’s “ Fareed Zakaria, Seth Moulton of, Xi, ” Moulton, Frederick Kagan Organizations: CNN —, GOP, Pentagon, Democratic Senate, White, Trump, Republican, Democratic, Ukraine, ” Biden, Biden, Washington, Democrats, House Republicans, ”, CNN, British, ” Democratic, Seth Moulton of Massachusetts, CNN News Central, NATO, American Enterprise Institute Locations: United States, Ukraine, Russia, Kyiv, Louisiana, Western, Moscow, ungovernable, “ State, America, America’s, Byron Donalds of Florida, Zelensky, Marjorie Taylor Greene of Georgia, British, Asia, Taiwan, Japan, China, Ukrainian

☆ Why India’s economy under Modi offers a real alternative to China
▼ + stars: | 2024-02-26 | by ( Diksha Madhok | ) edition.cnn.com time to read: +9 min

The market value of companies listed on India’s exchanges crossed $4 trillion in late November. But the country is stuck in recession and recently lost its position as the world’s third biggest economy to Germany. While interest in the world’s fifth largest economy is rising, the lofty prices of India’s stocks are scaring some international investors away. According to Macquarie, retail investors alone own 9% of India’s equity market value versus foreign investors at slightly under 20%. China “has a few too many companies which are $100 and $200 billion plus [in value],” Mittal said.

Persons: Peeyush Mittal, there’s, ”, Mittal, They’ve, Narendra Modi, Indranil Mukherjee, Jefferies, “, MSCI, Aditya Suresh, Modi’s, Modi, there’ll, ” Suresh, shoring, Hubert de Barochez, Elon Musk, India “, ” Musk, Suresh, Satish Babu, China “, ” Mittal, Priyanka Agnihotri, Nirmala Sitharaman Organizations: New, New Delhi CNN —, Matthews Asia, Getty, Macquarie Capital, Bharatiya Janata Party, Monetary Fund, Jefferies, Capital Economics, Apple, Foxconn, ”, Workers, Chennai Metro Rail, Advisory, Indian Locations: New Delhi, Jaipur, San Francisco, India, China, Shanghai, Shenzhen, Hong Kong, Japan, Germany, Beijing, Washington, “ India, Macquarie, Chennai, Baltimore

☆ I was in Moscow the day Putin invaded Ukraine, and some Russians were in tears
▼ + stars: | 2024-02-24 | by ( Cameron Manley | ) www.businessinsider.com time to read: +10 min

Russian police officers detain a woman during an unsanctioned protest rally against the military invasion on Ukraine, March,6, 2022, in Central Moscow, Russia. These quickly ceased when they saw Russian colleagues in tears, whose life savings had halved overnight. Russian friends began referring to Tbilisi as the "new Constantinople," referencing the city where anti-Bolshevik Russians fleeing the Communist revolution had taken refuge a century before. Russian President Vladimir Putin (L) meets French President Emmanuel Macron (R) on February 07, 2022 in Moscow, Russia. I stood at the glass window silently as the Russian border guard inspected my passport and now useless work permit.

Persons: —, Cameron Manley, Russia's, didn't, Vladimir Putin, Putin idi nakhui, Putin, Mir, Pushkin, Konstantin Zavrazhin, Alexey Malgavko, Stringer, Zelenskyy, Volodymyr Zelenskyy, Karen Minasyan, pragmatically, gossiped, Emmanuel Macron Organizations: Service, Business, REUTERS, National Guard, Anadolu Agency, Getty, Armed Forces of, Facebook, Bolshevik, Communist, Kremlin Press, AP, Saint Locations: Edinburgh, Scotland, Moscow, Ukraine, Russia's, Europe, Russia, Central Moscow, Russian, Omsk, Kyiv, Armed Forces of Ukraine, seeping, Belarus, Yerevan, Armenia, AFP, Istanbul, Dubai, Tbilisi, Constantinople, St Petersburg, Helsinki, West, Switzerland, Saint Petersburg, Finland

☆ Here's how to play Japan stocks, finally hitting a new high after 34 long years
▼ + stars: | 2024-02-22 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

Japan's Nikkei 225 index , a price-weighted index of 225 Japanese stocks, has also hit an historic high. A few months before that, on December 29, 1989, Japan's Nikkei 225 Index hit an historic high that stood until this week. That's about the amount the U.S. stock market dropped at the start of the Great Depression, from 1929 to 1932. .N225 5Y mountain Nikkei 225 Index in past five years. The Japanese stock market took 20 years.

Persons: it's, Japan's, Minoru Isutani, Arnold Palmer, Richard Ferris, Peter Ueberroth, Clint Eastwood, Nori, Bart Wakabayashi Organizations: Nikkei, CNBC, Japan's Nikkei, Mitsubishi, Rockefeller Center, Lone Cypress Company, Sumitomo Bank, Taiheiyo, Lone Cypress, Toyota, Honda, Sony, Hitachi, Nintendo, Sumitomo Mitsui, Japan Hedged Equity, Dow Jones, Tokyo Stock Exchange, Retailing, Softbank, Vision Fund, Foreign, Bank of Japan, White Oak Capital, Reuters Locations: Tokyo, New York, Japanese, California, Japan, U.S, Singapore

☆ Remember the labor shortage? Immigrants are helping to fix it.
▼ + stars: | 2024-02-19 | by ( Jacob Zinkula | Andy Kiersz | ) www.businessinsider.com time to read: +5 min

AdvertisementThat means the strong job numbers of recent months have largely been due to immigrants , specifically foreign-born workers, entering the workforce in large numbers. “Foreign-born labor force participants have accounted for all of the job growth over the last year,” Bill Adams, an economist at Comerica Bank, told The New York Times. AdvertisementAdditionally, he said these job gains haven’t come at the expense of US-born workers either. As of 2022, foreign-born workers were more likely than US-born workers to be in service, natural resources, construction, and maintenance jobs, according to the Bureau of Labor Statistics. As of January, 65.7% of foreign-born workers were working or looking for work, compared to 61.4% of US-born workers.

Persons: —, ” Bill Adams, Paul Krugman, “ They're, ”, Louis, Miguel Faria, Castro, Donald Trump Organizations: Service, Business, Comerica Bank, New York Times, Bureau of Labor Statistics, Immigrants, Congressional, Office, St, Louis Fed

Here are some key findings from an Associated Press investigation into Rocha's alleged betrayal and the missed red flags that could have helped him avoid scrutiny for decades. Rodríguez told AP he believed at the time he received from the Cuban defector in 2006 was an attempt to discredit a fellow anti-communist crusader. It wasn’t just Rodríguez’s tipster — whom he refused to identify to the AP but says was recently interviewed by the FBI. Officials told the AP that as early 1987, the CIA was aware Castro had a “super mole” burrowed deep inside the U.S. government. The FBI and CIA declined to comment, and the State Department didn’t respond to requests.

Persons: Manuel Rocha, Félix Rodríguez, Rocha, “, ” Rodríguez, MANUEL ROCHA, ”, Fidel Castro’s, Fidel Castro, “ El, Liliana Ayalde, Castro, Evo Morales, Ayalde, retracing, “ Che ” Guevara, Rodríguez, tipster, Peter Romero Organizations: MIAMI, Ivy League, CIA, Cuban, Miami, FBI, State Department, Associated Press, WHO, Yale, of Intelligence, Authorities, The Taft School, Prosecutors, U.S, AP, Officials, . Locations: America, Cuban, Cuba, Chile, Colombia, New York City, Connecticut, Bolivia, U.S, Paraguay, Brazil, Latin America, Investigative@ap.org

CARACAS, Venezuela (AP) — The government of Venezuela accused neighboring Guayana Sunday of granting illegal oil exploration concessions in territory the two nations are disputing. The comments Sunday came after Guyana said Saturday that it has satellite imagery showing Venezuelan military movements near the South American country’s eastern border with Guyana. Venezuela has been laying claim to the mineral-rich Essequibo region, which covers about two thirds of Guyana’s surface area. But for more than 60 years Venezuela has accused the commission of cheating it out of the Essequibo region. Several top American administration and military officials have visited Guyana in recent weeks as a show of support.

Persons: Guayana, Vincent, Robert Persaud, Irfaan Ali, Nicolás Maduro Organizations: ”, ExxonMobil, Argyle, US Center for Strategic, International Studies, Venezuelan Locations: CARACAS, Venezuela, Guyana, Essequibo, Caribbean, St, Brazil, Punta Barima, Netherlands, U.S

☆ China's deflation problem keeps getting worse
▼ + stars: | 2024-02-08 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

In the latest sign of the country's worsening deflation problem, fresh data showed consumer prices in China tumbled in January at the sharpest rate in 14 years. AdvertisementOn an annualized month-over-month basis, consumer prices fell 4.3%, with particular weakness in food prices. Measured year-over-year for January:Pork prices fell 17.3%Vegetable prices fell 12.7%Fruit prices fell 9.1%The producer price index, too, dropped 2.5%, while service prices climbed at 0.5% on the year, half the rate seen in December. The more consumer prices fall, the more difficult it will be for Beijing to reverse. Foreign investors have already fled Chinese markets in droves over the last year, and ongoing deflation could spell trouble for earnings of Chinese companies.

Persons: —, Goldman Sachs Organizations: Service, National Bureau, Statistics, Bloomberg, Institute of International Finance Locations: China, China's, Beijing

☆ U.S. Mends Fences With El Salvador's Bukele as China Lurks
▼ + stars: | 2024-02-06 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +6 min

Now, more than ever, the U.S. needs Central American nations like El Salvador to curb migration to the southern border. In October, the State Department's top Latin America diplomat, Brian Nichols, visited El Salvador and posed for photos with Bukele. WAITING IN THE WINGSAt the same time, there are growing ties between China and El Salvador. Although of limited commercial importance in itself, El Salvador offers China a foothold in Central America, and in 2017 broke relations with Taiwan in favor of China. "El Salvador wants to do trade with everyone," Bukele said during his victory speech on Sunday night.

Persons: Diego Oré, Sarah Kinosian, Nelson, Nayib Bukele, Jean Manes, Bukele's, Brian Nichols, Antony Blinken, Bukele, Manes, Ana Maria Mendez, Salvadorans, El Salvador, El, Margaret Myers, Diego Ore, Nelson Renteria, Christian Plumb, Rosalba O'Brien Organizations: SALVADOR, Reuters, El Salvador, Central American, U.S, U.S ., Central, State Department's, El, U.S . State Department, Washington Office, U.S . Customs, USAID, The U.S, Inter, Huawei, Washington, Diego Locations: United States, U.S, El Salvador, Latin America, America, China, Honduras, Washington, China's, San Salvador, Central America, Taiwan, Mexico City

☆ China's chances of staging an economic rebound this year look slim
▼ + stars: | 2024-02-02 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

China faces severe real estate woes, deflation, and an exodus of global investors. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe world has yet to witness any post-pandemic rebound in China, and Wall Street expects little to change in 2024. The ongoing exodus of global investors is evidence the bear case is intact, and the country's real estate sector continues to look more and more precarious. AdvertisementThat in turn has cratered sentiment, as Chinese households have the majority of their wealth tied to real estate.

Persons: —, DataTrek, Nicholas Colas, Jessica Rabe, Mike Edwards, Weiss, haven't, Edwards, Tracy Chen, Chen, Caesar Maasry, Goldman Sachs, Maasry Organizations: Service, Wall, Tech, Baidu, US, Business, Brandywine, Supply, Seng China Enterprises, Bloomberg Locations: China, Beijing

☆ Analysis-'Open Warfare': Philippines' Marcos-Duterte Alliance Crumbles
▼ + stars: | 2024-02-02 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +5 min

"The opportunistic political alliance was not meant to last," said Temario Rivera, chairman of the Center for People Empowerment in Governance think-tank. "It is still working," he said, adding he was keeping Sara Duterte as education minister. 'OPEN WARFARE'The alliance publicly disintegrated on Sunday when Duterte called Marcos a "drug addict" during a rally against moves to change the charter. Analysts said the public bust-up could be linked to the 2028 presidential race, which Sara Duterte is expected to contest and stands a strong chance. "It will be an open warfare this year," said Ronald Llamas, a veteran political analyst and former presidential adviser.

Persons: Karen Lema MANILA, Ferdinand Marcos Jr, Rodrigo Duterte, Marcos, Duterte's, Sara, Jean Encinas, Sebastian Duterte, Temario Rivera, Sara Duterte, Rivera, Duterte, Ferdinand Marcos Sr, Marcos Sr, Imelda, Ronald Llamas, Karen Lema, Michael Perry Organizations: University of the, Center for People Empowerment, International Criminal, Hague Locations: Philippine, Philippines, University of the Philippines, Davao, China, United States, Washington, South, Taiwan, South China

ISTANBUL (AP) — Two gunmen took seven hostages at a factory owned by U.S. company Procter & Gamble in northwest Turkey on Thursday, according to media reports, apparently in protest of the Israel-Hamas war in Gaza. Turkish media published an image of one of the purported suspects inside the factory, a man wearing what appeared to be a rudimentary explosives belt and holding a handgun. Turkish President Recep Tayyip Erdogan has been particularly outspoken, referring to Israeli “war crimes” and comparing Prime Minister Benjamin Netanyahu to Nazi leader Adolf Hitler. The photograph of the suspect carried in the Turkish media shows him with a black-and-white Arabic headscarf covering his face. He is standing next to a graffitied wall showing the Turkish and Palestinian flags with the slogan “The gates will open.

Persons: Ismet Zihni, Suheyla, “, ‘ We’ve, ”, Recep Tayyip Erdogan, Benjamin Netanyahu, Adolf Hitler, Bruce Shipkowski Organizations: U.S, Procter, Gamble, Health Ministry, Police, G Turkey, Embassy, Associated Press Locations: ISTANBUL, Turkey, Israel, Gaza, Gebze, Kocaeli, Cincinnati, Istanbul, U.S, Turkish, Ankara, Trenton , N.J

☆ U.S. companies say it's harder to make money in China now than before the pandemic
▼ + stars: | 2024-02-01 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Aly Song | ReutersBEIJING — More U.S. companies are finding it harder to make money in China than before the pandemic, raising concerns that businesses may not stay long. "It is concerning when our member companies are not profitable," Michael Hart, AmCham China president, told reporters Thursday. It found that by far, the main reason for respondents to increase investment in China was to remain competitive there. Asked Thursday about those efforts, AmCham China Chair Sean Stein noted the measures incorporate suggestions from foreign business chambers in China, but AmCham would like Beijing "to make more tangible progress." Rising U.S.-China tensions were the top concern for members for a fourth-straight year, the AmCham survey found.

Persons: Aly Song, Michael Hart, Michael Hart AmCham, Hart, Wang Wentao, Sean Stein, Stein, AmCham Organizations: Bund, Reuters, Reuters BEIJING —, American Chamber of Commerce, of Commerce, German Chamber of Commerce, Commerce, U.S Locations: Shanghai, China, Reuters BEIJING, U.S, Beijing, Michael Hart AmCham China

☆ Group of Democrats call on Blinken to provide answers on bypassing Congress to approve arms sales to Israel
▼ + stars: | 2024-01-30 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +6 min

CNN —A group of 19 predominantly Democratic lawmakers is calling on Secretary of State Antony Blinken to provide answers about why he bypassed Congress last month to approve arms sales to Israel. The top US diplomat made two emergency determinations in December to immediately approve the transfer hundreds of millions of dollars in military equipment to Israel. In their letter, the lawmakers noted the rarity of administrations using emergency declarations to immediately approve arms sales without congressional approval. “Use of a national emergency waiver does not exempt the U.S. government from assessing whether arms sales are consistent with” those standards, they wrote. I would say that the process that the secretary followed and the process that we follow here at the State Department is the process that the law actually prescribed,” Miller said at a State Department briefing.

Persons: Antony Blinken, Blinken, Joe Biden, Independent Sen, Bernie Sanders, Democratic Sens, Elizabeth Warren, Jeff Merkley, Peter Welch, James McGovern, Earl Blumenauer, Joaquin Castro, Judy Chu, Raúl, Pramila Jayapal, Barbara Lee, Betty McCollum, Chellie Pingree, Mark Pocan, Delia Ramirez, Jan Schakowsky, Jill Tokuda, Maxine Waters, Eleanor Holmes Norton, Leahy, credibly, “ Israel, ”, ’, “, Matt Miller, ” Miller Organizations: CNN, UN, Independent, Democratic, State Department, Leahy, ”, Department Locations: Israel, Gaza, Hamas

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