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While a Hamas spokesman told the BBC that Iran did assist in the attack, officials in Tehran have denied responsibility while praising the outcome. "If you had a large end-of-year bonus payment coming your way, might you start spending more money in the meantime? “This money belongs to the Iranian people, the Iranian government, so the Islamic Republic of Iran will decide what to do with this money,” Iranian President Ebrahim Raisi told NBC News. While the Biden administration renewed talks with Iran to reenter the pact, the discussions have led nowhere and U.S. negotiators publicly walked away. Though not believed to be directly connected, some analysts have speculated that the Biden administration move to free up the $6 billion could have been an incentive to continue talking even as Tehran slowed the pace of development of a nuclear weapon.

Persons: Trump, State Anthony Blinken, Benjamin Netanyahu, Richard Goldberg, Matthew Kroenig, Joe Biden, Nikki Haley, Ebrahim Raisi, ”, Biden, Adrienne Watson, Aaron David Miller, Obama, –, Donald Trump Organizations: White, Hamas, Biden, BBC, Treasury Department, “, ”, State, Israeli, Foundation for Defense of Democracies, Wall, Georgetown University, GOP, NBC News, Former State Department, –, Trump, U.S Locations: Israel, Iran, Tehran, South Korea, Qatar, Tel Aviv, Gaza, Islamic Republic of Iran, Washington, U.S

U.S. President Joe Biden lholds a bilateral meeting with Israeli Prime Minister Benjamin Netanyahu on the sidelines of the 78th U.N. General Assembly in New York City, U.S., September 20, 2023. As president, Biden has frequently stressed support for independent Israeli and Palestinian states. Having returned to office in late December, Netanyahu opposes Palestinian statehood anytime soon and has approved thousands of new housing units for West Bank settlers. "If President Biden can stand with Ukraine for as long as it takes, I hope President Biden can stand with Israel for as long as it takes," said Republican Senator Tom Cotton, a foreign policy hawk, on Fox News' "Sunday Morning Futures." "Biden is not in love with Bibi Netanyahu," he said, using the prime minister's nickname.

Persons: Joe Biden lholds, Benjamin Netanyahu, Kevin Lamarque, Joe Biden, Netanyahu, Biden, Barack Obama’s, Donald Trump, Jonathan Panikoff, government’s, Tom Cotton, BIBI, Israel, Aaron David Miller, Bibi Netanyahu, Steve Holland, Matt Spetalnick, Heather Timmons, Howard Goller Organizations: Israeli, General Assembly, REUTERS, Rights, Israel, Administration, West Bank, Republican, U.S, White, Hezbollah, Hamas, Atlantic Council, Fox News, AIPAC, Biden, General, Carnegie Endowment, International, Thomson Locations: New York City, U.S, Gaza, Israel, Iran, Egypt, Syria, Yom, Gulf, Lebanese, Jerusalem, Ukraine, New York, Saudi Arabia

But he says he gradually gained new fans in his soccer-crazed South American country for representing his Afro-Brazilian religion Candomblé and challenging religious intolerance. And it’s nice to feel they see something good in what I do.”Just a small minority in Brazil practices Candomblé. Growing up in Rio de Janeiro, Paulinho said he suffered prejudice because of his faith -- like his mother and grandmother before him. Paulinho now plays for Brazil’s Atlético Mineiro, a club that during the 1980s had some of the first outspoken evangelical soccer players in the country. Paulinho was one of the few active soccer players to publicly endorse President Luiz Inácio Lula da Silva in the 2022 elections.

Persons: Paulinho, –, Oxóssi, …, it’s, nonbelievers, wasn’t, Candomblé, Vasco da Gama, Ana Christina Sampaio, “, ”, “ Candomblé, Reginaldo Prandi, That’s, ” Prandi, ” Paulinho, emboldening, Jair Bolsonaro, Luiz Inácio Lula da Silva, Caetano Veloso, Prandi, Rodrigo Nestor, Iansã, ” Nestor, “ That’s Organizations: LAGOA, Tokyo, Brazilian club Atletico Mineiro, Vasco, Candomblé, Portuguese, Bayer Leverkusen, Brazil’s Atlético Mineiro, Atletico Mineiro, Black, Sao Paulo FC, Rodrigo, Brazilian, Flamengo, Globo, Lilly Endowment Inc, AP Locations: LAGOA SANTA, Brazil, American, Christianity, Belo Horizonte, “, Rio de Janeiro, European, England, Spain, India, Bahia, Bolsonaro, Sao, Paris

And senior U.S. administration officials who previewed the meeting said the two nations are rolling out a partnership on workers' rights. Lula quickly traveled to Washington, where he and Biden bonded over the challenges to democracy they had both overcome. Labor is an issue dear to Lula, who got his start in politics as leader of a powerful metalworkers' union. They noted that the Biden administration has lifted travel restrictions to Cuba imposed by the prior administration and is also in the process of restarting remittances to that country. He declined to say whether Biden would broach the subject of Venezuela in their bilateral meeting.

Persons: Joe Biden, Luiz Inácio Lula da Silva, Lula, Biden, “, Thomas Traumann, Jair Bolsonaro, Donald Trump, Trump, Traumann, Dilma Rousseff, Lula’s, Paulo Peres, Venezuela’s Nicolás Maduro, Jake Sullivan, ___ Boak, Eléonore Hughes Organizations: Brazilian, General, U.S, White, Labor, Federal University of Rio, Amazon Fund Locations: New York, Ukraine, Washington, U.S, Cuba, Brazilian, Federal University of Rio Grande do Sul, Venezuela, Rio de Janeiro

☆ What are Republican U.S. presidential candidates saying about the UAW strike?
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +5 min

Hakeem Jeffries, Democratic Minority Leader of the U.S. House of Representatives, walks the picket line with striking United Auto Workers members outside the Ford Motor Michigan Assembly Plant in Wayne, Michigan U.S., September 17, 2023. REMEMBER, BIDEN IS A CROOK WHO HAS BEEN PAID MILLIONS OF DOLLARS BY CHINA, & OTHERS. On Friday, he wrote: "The all Electric Car is a disaster for both the United Auto Workers and the American Consumer. If this happens, the United Auto workers will be wiped out, along with all other auto workers in the United States. So I understand the frustration, but I think union bosses may be directing that ire in the wrong direction when it belongs at the feet of our current government."

Persons: Hakeem Jeffries, Rebecca Cook, Joe Biden, DONALD TRUMP, CROOKED JOE, YOU'LL, BIDEN, I'm, Biden, Pence, VIVEK RAMASWAMY, NIKKI HALEY, emboldens, Haley, Richard Chang Organizations: Democratic, U.S . House, United Auto Workers, Ford Motor Michigan, Plant, Wayne , Michigan U.S, REUTERS, Labor, Detroit Three, General Motors, Ford, Republican, Democratic U.S, Electric, CHINA FIRST, TRUMP, YOUR, WHO, American Consumer, United Auto, Trump, CNN, South, United Nations, Fox News, TIM SCOTT The, UAW, Thomson Locations: Wayne , Michigan, China, CHINA, United States, Washington, South Carolina, TIM SCOTT The U.S

☆ Biden takes a political hit but brings Americans home
▼ + stars: | 2023-09-18 | by ( Stephen Collinson | ) edition.cnn.com time to read: +7 min

After all, the United States does not do deals with its well-meaning friends to free hostages or wrongly detained Americans. There is no perfect deal to free imprisoned Americans and the agreement with Iran is especially divisive. In this way dealing with US enemies can be a sign of political strength rather than weakness. Criticism from the likes of former President Donald Trump and Pence is politicized in the context of their presidential campaigns – and ignores their own deals to free Americans. Moscow is subsequently currently driving a relentless bargain over the fate of imprisoned Americans Paul Whelan and Wall Street Journal reporter Evan Gershkovich.

Persons: Joe Biden’s, Mike Pence, Donald Trump, Pence, –, Trump, Wang, Kim Jong, Trump’s, Biden, Mike McCaul, Viktor Bout, Brittney Griner, Paul Whelan, Evan Gershkovich, ”, Barack Obama, Ronald Reagan, foments, Neda Sharghi, Emad Sharghi, “, Paul Whelan’s, Morad, Namazi – Organizations: CNN, Washington, Biden, Trump, Texas, House Foreign Affairs, Wall Street, White, GOP, US Treasury Department Locations: Iran, United States, Russia, Venezuela, Qatar, China, North Korea, Tehran, Moscow

☆ Opinion | Prigozhin’s Real Legacy: The Mercenary Blueprint
▼ + stars: | 2023-09-03 | by ( Sean Mcfate | ) www.nytimes.com time to read: +1 min

The death of Yevgeny Prigozhin, the Wagner mercenary chief, has set off intense speculation over the future of the world’s most dangerous private army. In reality, the departure of the boss may not change much. After Mr. Prighozin’s failed mutiny in June, President Vladimir Putin forced many Wagner mercenaries to surrender their weapons to the Russian military, granting his generals their wish. Reports emerged on Thursday that the Russian government is now moving to take control of operations of the enterprise there that Mr. Prigozhin built as a conflict entrepreneur. It is simply too profitable for Mr. Putin to fully disband.

Persons: Yevgeny Prigozhin, Wagner, Prigozhin, Dmitri Utkin, Prighozin’s, Vladimir Putin, Wagner’s, Putin Organizations: Mr Locations: Russian, Africa

☆ Load up on bonds for their juicy yields before the stock-market rally loses steam, says Morgan Stanley
▼ + stars: | 2023-08-17 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

It might be time to pile into US Treasurys, according to Morgan Stanley Wealth Management. Bond yields have jumped in recent weeks, while the equity-market rally may be losing steam. "Investors should consider hedges for their high-priced stocks," CIO Lisa Shalett said. Lisa Shalett said in a note to clients Monday that spiking yields had made bonds much more attractive in recent weeks, signaling that fixed-income assets could be a suitable hedge if this year's breathless stock-market rally starts to lose steam. When Treasury yields rise, they become more attractive to investors relative to stocks because they offer similar returns at a lower risk level.

Persons: Morgan, Lisa Shalett, Morgan Stanley, Shalett Organizations: Morgan Stanley Wealth Management, Service, Morgan Stanley Wealth Management's, Federal Reserve, Treasury Locations: Wall, Silicon

☆ Wall St Week Ahead Hopes of 'Goldilocks' economy, rate peak buoy US stocks
▼ + stars: | 2023-07-28 | by ( David Randall | ) www.reuters.com time to read: +5 min

The S&P 500 is up nearly 19% this year after gaining around 1% in the past week. At the same time, investors believe the Fed is unlikely to deliver much more of the monetary policy tightening that shook markets last year. A test of the economy comes next week, when the U.S. reports employment numbers for July. The tech-heavy Nasdaq 100 is up nearly 44% year-to-date, while the S&P 500 information technology sector has gained nearly 46%. The S&P 500 tech sector now trades at 28.2 times forward earnings, from 19.6 at the start of the year.

Persons: Brendan McDermid, Jerome Powell, Bob Kalman, Torsten Slok, Burns McKinney, Randy Frederick, wouldn't, David Randall, Ira Iosebashvili, Deepa Babington Organizations: New York Stock Exchange, REUTERS, Federal, Miramar Capital, Apollo Global Management, Meta, Roku Inc, NJF Investment Group, Apple, Microsoft, Schwab Center, Financial Research, Thomson Locations: New York, U.S, Miramar

☆ South Korea asks China to play 'constructive role' against North's threats
▼ + stars: | 2023-07-14 | by ( ) www.reuters.com time to read: +2 min

It is a common interest of Seoul and Beijing for North Korea to stop provocations and return to dialogue, his office said. Relations between South Korea and China have also worsened since China's ambassador last month warned South Korea against making a wrong bet when it comes to Sino-U.S. rivalry. South Korean President Yoon Suk Yeol had already angered China in April by saying the Taiwan issue was not merely an issue between China and democratically governed Taiwan, but a "global" issue similar to North Korea. "It is hoped that the South Korean side will abide by the one-China principle and handle it prudently and properly." China is willing to work with South Korea on rebuilding mutual trust and pushing their strategic partnership back to a healthy track, Wang said.

Persons: Jin, Wang Yi, Yoon Suk Yeol, Wang, Soo, hyang Choi, Ryan Woo, Christina Fincher, Devika Syamnath, Edmund Klamann Organizations: Korea's Foreign, Association of Southeast Asian Nations, United Nations Security Council, South, ASEAN, Thomson Locations: SEOUL, China, Pyongyang, Jakarta, Seoul, Beijing, North Korea, Russia, Washington, Moscow, emboldening North Korea, South Korea, U.S, Taiwan

☆ In rare UN appearance, North Korea defends missile launch
▼ + stars: | 2023-07-13 | by ( Michelle Nichols | ) www.reuters.com time to read: +4 min

[1/3] Hwasong-18 intercontinental ballistic missile is launched from an undisclosed location in North Korea in this image released by North Korea's Korean Central News Agency on July 13, 2023. The 15-member Security Council met after North Korea said it tested on Wednesday its latest Hwasong-18 ICBM, adding the weapon is the core of its nuclear strike force. "We categorically reject and condemn the convening of the Security Council briefing by the United States and its followers," North Korea's U.N. North Korea last spoke at a council meeting on its nuclear and ballistic missile programs in December 2017, diplomats said. North Korea - formally known as the Democratic People's Republic of Korea (DPRK) - has been under U.N. sanctions for its missile and nuclear programs since 2006.

Persons: Kim Song, Jeffrey DeLaurentis, NATO DeLaurentis, Washington, China's U.N, Zhang Jun, Zhang, Michelle Nichols, Mark Porter, Deepa Babington Organizations: North, Korean Central News Agency, KCNA, REUTERS UNITED NATIONS, Security, Democratic People's, U.S, United Nations, NATO, DPRK, Thomson Locations: North Korea, United States, U.N, Korea, Democratic People's Republic of Korea, DPRK, Pyongyang, Russia, China, Britain, France, South Korea, Washington, Beijing, Moscow, emboldening North Korea, CHINA, U.S, NATO, China's

☆ How Thai food became so popular in the US — and how today’s chefs are going beyond pad thai
▼ + stars: | 2023-07-12 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +11 min

CNN —When Anajak Thai opened in 1981, most people who walked into the Los Angeles restaurant weren’t familiar with Thai cuisine. Thai food became so popular among Americans that the Thai government took notice. Thai food in the US reaches new heightsToday, the Thai restaurant scene in the US is perhaps the most exciting that it’s ever been. And Thai American chefs like Pichetrungsi are continuing to defy stereotypes and misconceptions of what constitutes Thai food. He wants to show diners just how innovative Thai cuisine can be, but he’s hesitant to take familiar comforts like pad thai off the menu altogether.

Persons: Justin Pichetrungsi, Pichetrungsi’s, Rick Pichetrungsi, Anajak, ” Pichetrungsi, Pichetrungsi, he’s, It’s, Mark Padoongpatt, Padoongpatt, Marie Wilson, ” Padoongpatt, Justin, “, ”, Saipin Chutima, Bill, Isabella Vosmikova, Andy Ricker, Chiang, Leah Nash, Chiang Mai, Hong Thaimee, Rather, ” Thaimee, Leela Punyaratabandhu, Punyaratabandhu, mok, We’ve, James Beard, it's, Mariah Tauger Organizations: CNN, Sherman Oaks, Disney, University of Nevada, Thai, Food, Lotus, White, Washington Post, Pichetrungsi, Los Angeles Times Locations: Los Angeles, L.A, Thailand, Asia, Las Vegas, Thai America, United States, Angeles, Central Thailand, Thai, Siam, Northern Thailand, White American, Portland , Oregon, Chiang Mai, Bangkok, America, New, Chicago, Heart, Malaysian, California

[1/6] A chef cooks tofu as he prepares a dish before the opening for dinner hour at Ukai, a traditional Japanese restaurant, in Tokyo, Japan, July 6, 2023. "There's no doubt rising wages and bonuses are among factors prodding customers to come dine with us despite the price hikes," said Ukai manager Yuka Hoshino. It is also drawing the attention of the Bank of Japan (BOJ), which is shifting away from its view the recent cost-driven inflation will prove temporary. "Japan is seeing early signs of progress in achieving inflation accompanied by higher wages," another source said, a view echoed by two more sources. The BOJ is changing its tone on the drivers of inflation and how they see progress made in sustainably hitting 2% inflation.

Persons: Kim Kyung, Hiroki Wakita, Yuka Hoshino, Kazuo Ueda, Teikoku Databank, Akihito Sato, Shohei Kanai, Ryozo Himino, Seisaku Kameda, Tetsushi Kajimoto, Sam Holmes Organizations: REUTERS, Reuters, Bank of Japan, Research, Workers, Thomson Locations: Tokyo, Japan, TOKYO, French, Ginza

☆ Here's why Ukraine needs the US Army Tactical Missile System to win the 'deep battle' against Russia
▼ + stars: | 2023-07-08 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +6 min

The US is considering providing ATACMS to Ukraine, according to a WSJ report. Kyiv has long sought ballistic missiles, which could strike targets far beyond the front lines. Kyiv has long been asking the US for the Army Tactical Missile System, or ATACMS, which has a range of about 190 miles and could be used to strike Russian targets far beyond the front lines, including Crimea. "ATACMS is a long-range guided missile that gives operational commanders the immediate firepower to win the deep battle," says its manufacturer, Lockheed Martin. The House Foreign Affairs Committee passed a resolution last week calling for ATACMS to be sent to Ukraine immediately.

Persons: Biden, Ben Hodges, Sergei Shoigu, Hodges, Lockheed Martin, Putin, ATACMS, Volodymyr Zelensky, Joe Biden, Brendan Smialowski, Abrams, James Risch Organizations: Kyiv, Washington DC, Service, Wall Street, Army Tactical Missile, Army, Russian, The Telegraph, British Storm Shadow, US High Mobility Artillery, Lockheed, Black, White, Getty, Politico, US, Pentagon, Foreign Affairs, GOP, Reuters Locations: Ukraine, Wall, Silicon, Crimea, Army Europe, Kherson, Kerch, Russia, Ukrainian, Odesa, Sevastopol, Washington , DC, Washington

☆ Meta Loses Appeal on How It Harvests Data in Germany
▼ + stars: | 2023-07-04 | by ( Adam Satariano | ) www.nytimes.com time to read: +3 min

Although the ruling applies only to Meta services in Germany, it is expected to influence other antitrust authorities in the European Union. antitrust law, called the Digital Markets Act, takes effect in the coming months and gives regulators new powers to encourage competition in the tech sector. The court said regulators investigating antitrust cases can also examine whether a company is breaking the European Union’s data protection law, called the General Data Protection Regulation, or G.D.P.R. After the company appealed the decision, it eventually landed before the European Court of Justice in Luxembourg. He has argued that Facebook uses the data it collects from users to strengthen its position over rivals, harming competition.

Persons: Meta, Andreas Mundt, Mundt, ” Mr, “ Organizations: European Court, Justice, Facebook, Big Tech, European Union, Markets, Data, Court of Justice, Amazon, Google Locations: Germany, European Union, Luxembourg

☆ The US is close to approving the supply of ATACMS to Ukraine, a report said. Here's why Kyiv need them to win the 'deep battle.'
▼ + stars: | 2023-07-02 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +5 min

The US is considering providing ATACMS to Ukraine, according to a WSJ report. Kyiv has long sought its ballistic missiles, which could strike targets far beyond the front lines. "ATACMS is a long-range guided missile that gives operational commanders the immediate firepower to win the deep battle," says its manufacturer, Lockheed Martin. The Pentagon said on Thursday that it was not aware of any imminent decision to send ATACMS to Ukraine following the Wall Street Journal report, per Reuters. However, US and European officials say that behind the scenes, the tone in Washington has recently shifted, and there appears to be a greater appetite to send Ukraine more advanced weapons, per the Journal report.

Persons: Biden, —, Sergei Shoigu, HIMARS, Ben Wallace, Lockheed Martin, Putin, Volodymyr Zelensky, Joe Biden, Brendan Smialowski, ATACMS, Abrams, James Risch, General Kyrylo Budanov Organizations: Kyiv, Washington DC, Service, Wall Street Journal, Army Tactical Missile, Russian, The Telegraph, British Storm Shadow, US High Mobility Artillery, Lockheed, White, Getty, Politico, US, Pentagon, Foreign Affairs, Reuters, Military Intelligence Locations: Ukraine, Crimea, Kherson, Kerch, Russia, Washington , DC, Washington

☆ I watched a dead composer perform at an augmented-reality concert. It shows how Apple could transform the entertainment business if it can take AR mainstream.
▼ + stars: | 2023-06-30 | by ( Ryan Joe | ) www.businessinsider.com time to read: +5 min

Or at least, I saw Sakamoto's digital avatar perform in a darkened room with a Magic Leap 2 headset clamped to my face. Some technical issues aside, the experience showed me the potential that AR has to transform the entertainment industry. As the lights dimmed, the audience became ghostly silhouettes, and Sakamoto's avatar appeared center stage. KAGAMI still showed a lot of promise for the future of AR entertainment. The tech company that builds the best AR hardware and software has a shot at controlling the next generation of entertainment.

Persons: Ryuichi Sakamoto, KAGAMI, it's, Sakamoto, they're, Elton John, Bob Iger, Apple Organizations: Apple, Meta, Microsoft, Google, Disney, Artists Locations: Japanese, New York City

MOSCOW, June 8 (Reuters) - For more than 15 months Russia has been fighting a war in Ukraine that the Kremlin refused to call a war - but that is changing: President Vladimir Putin is using the word "war" more often. The Russian media was ordered not to use the word war - and has either complied or shut down. But in response to what Russia said was a major Ukrainian drone attack on Moscow, Putin last week used the word "war" four times in relation to Ukraine, according to a Kremlin transcript of his remarks. "What is more important is what is says about the future: does war mean a more serious approach and what will Russia at war look like?" Attacks far inside Russia that Moscow blamed on Ukraine have stiffened opinion within the Kremlin, emboldening hawks who propose a much tougher approach to a war in which Putin has said Russia has not got even got serious yet.

Persons: Vladimir Putin, Putin, Pavel Zarubin, Sergei Shoigu, Dmitry Peskov, Sergei Lavrov, Wagner, Yevgeny Prigozhin, Vyacheslav Gladkov, Lyndon B, Johnson, George W, Bush, Leonid Brezhnev, Abbas Gallyamov, Nikita Yuferev, Yuferev, Prigozhin, Putin's, General Augusto Pinochet, Guy Faulconbridge, Philippa Fletcher Organizations: Kremlin, Nazi, Red, Motherland, U.S, Soviet, West, Russia, Reuters, Thomson Locations: MOSCOW, Russia, Ukraine, Russian, Ukrainian, Moscow, Ukraine's, Crimea, Soviet, Nazi Germany, Russia's Belgorod, Europe, U.S, Vietnam, Afghanistan, St Petersburg, RUSSIA, Chile, Pinochet

☆ NATO Turkey: Alliance is in a race against time to save itself from a major embarrassment
▼ + stars: | 2023-06-01 | by ( Luke Mcgee | ) edition.cnn.com time to read: +8 min

CNN —NATO officials are in a race against time to avoid the embarrassment of seeing the alliance miss its own stated aim of admitting Sweden to the alliance by July 11. Sweden has a permanent delegation at NATO and is considered a close partner to the alliance, meaning joining should be relatively straightforward. The second is that Turkey isn’t the only fly in the ointment: Hungary also objects to Sweden joining NATO. Sweden joining NATO would be the latest in a long list of good news stories for the alliance since Russia invaded Ukraine. That’s precisely why officials are so concerned about Turkey vetoing Sweden’s accession on NATO’s own timetable.

Persons: it’s, Recep Tayyip Erdogan’s, Christine Olsson, Erdogan, Putin’s, Putin, ”, “ Erdogan, Yves Herman, –, Emmanuel Macron, Turkey vetoing Organizations: CNN, NATO, Russia, Kurdistan Workers ’ Party, Turkish, Reuters, TT, Agency, AFP, Sweden –, European Union, Diplomats, US, EU Locations: Sweden, Finland, Ukraine, Russia, Turkey, East, Europe, Ankara, Turkish, Stockholm, Lithuanian, Vilnius –, Atlantic, North Korea, China, ”, Eastern European, Brussels, Hungary, United States, United Kingdom, Asia

☆ Morning Bid: China factory fright, dollar surges
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +4 min

The yuan , now down more than 3% from its early May peaks, skidded to its lowest level of the year against the dollar as investors considered the possibility of further credit easing by the Chinese central bank. The dollar index hit its highest level since mid-March, with the European inflation news and China demand picture knocking the euro to its lowest in two months too. German import prices fell at an annual rate of 7% in April and the ECB's financial stability report warned about a "disorderly" hit to house prices from higher mortgage rates. The House Rules Committee voted 7-6 on Tuesday to approve the rules allowing a debate and vote by the full chamber. Overall, stock markets slipped back slightly - with Hong Kong's Hang Seng index the big underperformer after the Chinese factory release.

Persons: Mike Dolan, Loretta Mester, Philip Jefferson, Susan Collins, Patrick Harker, Christine Lagarde, Jane Merriman Organizations: Federal Reserve, Cleveland Fed, Wednesday's Financial, European Central Bank, Dallas Fed, Boston, Philadelphia Fed, Consumer, Thomson, Reuters Locations: U.S, Europe, China, Italy, Chicago

☆ Ron DeSantis just made it clear he's going to fight Trump on abortion
▼ + stars: | 2023-05-16 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

As former President Donald Trump blinks on the abortion debate, his likely top rival, Florida Gov. Asked about that remark, DeSantis said the legislation he signed is something that "probably 99% of pro-lifers support." Trump himself underlined that contrast when asked in a recent interview about the six-week abortion ban that DeSantis had just signed in Florida. But DeSantis' willingness to hit Trump from the right on abortion could also be a strategic one. South Carolina Sen. Tim Scott, who launched a Republican presidential exploratory committee last month, has said he backs a federal abortion ban after 20 weeks of pregnancy.

☆ US push for UN censure of North Korea appears to stall -diplomats
▼ + stars: | 2023-05-08 | by ( Michelle Nichols | ) www.reuters.com time to read: +2 min

UNITED NATIONS, May 8 (Reuters) - U.N. Security Council negotiations on a U.S. push for the 15-member body to condemn North Korea's intercontinental ballistic missile (ICBM) launches appear to have stalled after diplomats said China and Russia had stopped engaging. Ambassador Linda Thomas-Greenfield said in February she would pursue a formal presidential statement - one step below a resolution - to condemn North Korea's actions and urge diplomacy. North Korea's formal name is the Democratic People's Republic of Korea (DPRK). Russia and China, veto powers along with the United States, Britain and France, have said more sanctions will not help and want such measures to be eased. China and Russia blame joint military drills by the United States and South Korea for provoking Pyongyang, while Washington accuses Beijing and Moscow of emboldening North Korea by shielding it from more sanctions.

The risks of doing dealsA British regulator’s decision to reject Microsoft’s $69 billion takeover bid for Activision Blizzard stunned many who had expected the deal to go through. That’s especially because moves this month by the agency, the Competition and Markets Authority, suggested that the transaction might pass muster. Though it narrowed the scope of its Activision deal inquiry to just one issue, cloud gaming, the C.M.A. The tribunal that will weigh Microsoft’s appeal will examine mainly whether the regulator followed proper procedure. That institutional advantage positions the agency as one of the world’s most influential antitrust enforcers, alongside those in the United States and the European Union.

☆ WhatsApp and other messaging apps oppose UK's move on encryption
▼ + stars: | 2023-04-18 | by ( ) www.reuters.com time to read: +2 min

LONDON, April 18 (Reuters) - WhatsApp and other messaging services have united to oppose Britain's plan to force tech companies to break end-to-end encryption in private messages in its proposed internet safety legislation. Britain's Online Safety Bill was originally designed to create one of the toughest regimes for regulating platforms such as Facebook, Instagram, TikTok and YouTube. The British government said the bill in "no way represented a ban on end-to-end encryption, nor would it require services to weaken encryption". The letter signatories said this was incompatible with end-to-end encryption, which enables a message to be read only by the sender and recipient. A British government spokesperson said: "We support strong encryption, but this cannot come at the cost of public safety.

REUTERS/StaffApril 12 (Reuters) - World stocks and bond yields stalled on Wednesday as markets anticipated crucial U.S. inflation data which could give signals on how soon the Federal Reserve will end its aggressive rate hikes. Markets were in wait-and-see mode ahead of the data, with the pan-European STOXX 600 index inching up 0.3% by 0820 GMT, while Britain's FTSE (.FTSE) was up 0.6%. Government bond yields were also little moved with benchmark U.S. 10-year Treasury yields unchanged on the day at 3.43%. "We do not assume that the discrepancy between Fed and market expectations will end today or in the near future," Reichelt said. With oil prices rising again and labour market cooling only gradually, risk remains tilted for core inflation to remain elevated for longer," they said.

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