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Wharton finance professor sounds the alarm on soaring U.S. debt
  + stars: | 2024-03-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWharton finance professor sounds the alarm on soaring U.S. debtJoao Gomes, Wharton Professor, joins 'Fast Money' to discuss the growing federal debt and why it could spell disaster for the markets and economy in the future.
Persons: Joao Gomes, Wharton Organizations: Wharton
The Father, the Son and the Fight Over Their King
  + stars: | 2024-02-17 | by ( John Eligon | Joao Silva | ) www.nytimes.com   time to read: +1 min
The riot police appeared out of nowhere, charging furiously toward the young protesters trying to oust King Mswati III, who has ruled over the nation of Eswatini for 38 years. The pop of gunfire ricocheted through the streets, and the demonstrators started running for their lives. Manqoba Motsa, a college student, and his fellow Communists quickly slipped into disguise, pulling plain T-shirts over their red hammer-and-sickle regalia. They found him splayed on a bed in the emergency room, a bloody bandage around his torso, a tube in his arm. “We can’t stop fighting,” the wounded protester, Mhlonishwa Mtsetfwa, told the dozen red-clad Communist Party members surrounding his hospital bed.
Persons: King Mswati III, Manqoba, Mhlonishwa Mtsetfwa Organizations: Communists, Communist Party Locations: Eswatini
The Alassane Ouattara stadium rises like a piece of sculpture from the dusty brown earth north of Ivory Coast’s largest city, its undulating roof and white columns towering over the empty landscape like a spaceship that has dropped onto a uninhabited planet. On Sunday, the three-and-a-half-year-old stadium will host its signature moment, when the national soccer teams of Ivory Coast and Nigeria compete in the final of Africa’s biggest sporting event, in front of tens of thousands of fans chanting and cheering in a stadium financed and built by China. While that is nothing new for the tournament, the Africa Cup of Nations, the arena is just the latest example of the contradictions that emerge from Chinese projects built on Chinese terms, and on African soil. Stadiums have been a cornerstone of China’s diplomatic reach into Africa since the 1970s, but their number has increased since the early 2000s, part of a larger Chinese strategy to build infrastructure — from highways to railroads, ports to presidential palaces and even the headquarters of the African Union — in exchange for diplomatic clout or access to natural resources.
Persons: Ouattara Organizations: Africa, of Nations, African Locations: Ivory Coast’s, Ivory Coast, Nigeria, China, Africa
The wealthy pros of Ivory Coast’s national soccer team were resting in their luxury hotel last week, preparing for a match in Africa’s biggest tournament, when Yaya Camara sprinted onto a dusty lot and began fizzing one pass after another to his friends. Shiny soccer cleats like his idols’? No thanks, said Mr. Camara, a lean 18-year-old midfielder, as he wiped sweat from his brow. “How did the pros started playing when they were kids like us? With lêkê,” he added, referring to the sandals that are ubiquitous not only in his pickup game but almost any place an Ivorian puts their feet.
Persons: Ivory, Yaya Camara, , Camara Organizations: soccer team, Africa’s Locations: Ivory Coast’s
Here are some of the best islands in Europe for getting away from almost everyone:Schiermonnikoog, the NetherlandsThe Netherlands is better known for canals, dikes and tropical Dutch Caribbean Islands like Bonaire and Curaçao than the sandspun isles along the country’s North Sea coast. Flores Island, Azores, PortugalWaterfalls trickle down an imposing rock face on the island Flores in the Azores. aroxopt/Adobe StockOne of the most remote islands in an already remote archipelago, Flores Island in the westernmost stretches of the Azores is a nature lover’s dream. To say there’s room to stretch out and breathe on these Baltic Sea islands is an understatement. The best islands in Europe for getting away from almost everyoneHavsVidden offers a secluded escape on northern Fasta Åland with villas with their own saunas overlooking the rocky shoreline.
Persons: Annemarieke Romeijn, , Eyrún, Gabriela Silva, Flores, Rocha dos Bordões, Santa Cruz das Flores, Randi Skaug, , Torunn Tronsvang, Richard Kellett, Luis Fonseca, iStockphoto, São João Baptista, Berlengas, Arlindo Serrao, Mola mola, Francesco Curione, Lent, Skyros, revelry, – it’s, Drake, Åland Organizations: CNN, Adobe, Heimaey, puffin, Norway Visitors, Intrepid, UNESCO, Visitors Locations: Europe, Ibiza, Netherlands, Caribbean, Bonaire, Curaçao, West Frisian, Wadden, Schier, Lauwersoog, Vestmannaeyjar, Iceland, Heimaey, Westman, Hotel Ranga, gannet, fulmar, Flores Island, Azores, Portugal, Flores, Santa Cruz, Naustholmen, Norway, Bodø, Northern Norway, Norwegian, Lofoten, , Tiree, Scotland, Hawaii, Scottish, Oban, Glasgow, Loganair, Berlengas, Peniche, São, Grande, Alicudi, Sicily, Italy, Taormina, Skyros, Greece, Mykonos, Rathlin, Northern Ireland, Ballycastle, Åland, Finland, Bothnia, Sweden
CNN —Real Madrid claimed its 13th Spanish Super Cup with a comprehensive 4-1 demolition of arch-rival Barcelona in El Clásico on Sunday. The result was sweet revenge for Madrid, which was defeated 3-1 by Barcelona in the 2023 edition of the tournament. “We wanted to win the final,” said Madrid manager Carlo Ancelotti after the game. Real doubled its advantage three minutes later when Vinícius scored his second, sliding in to meet a low Rodrygo cross to leave Barcelona reeling. Yasser Bakhsh/Getty ImagesHowever, the moment of hope turned out to be fleeting as Vinícius completed his hat-trick only minutes later.
Persons: Vinícius Jr, Rodrygo, , , Carlo Ancelotti, “ Vinícius, Atlético, Robert Lewandowski, Barça’s, Ronald Araújo, Xavi, We’ll, ” Madrid, Vinícius, phenom Jude Bellingham, Iñaki Peña, Yasser Bakhsh, Cristiano Ronaldo’s, siu, Nassr –, Cristiano, ” Vinícius, Ferran Torres, Andriy Lunin, Torres, Lunin, Lewandowski, Jules Koundé, Araújo, Giuseppe Cacace, João Félix Organizations: CNN — Real Madrid, Spanish, Los, Atlético Madrid, , Vinícius, King Saud University, Madrid, Lewandowski, Real, Barcelona, La Liga, Getty Locations: Barcelona, El Clásico, Madrid, ” Barcelona, Riyadh, Saudi Arabia, Pedri, AFP, Bellingham, Girona
Up a stairwell with popcorn walls stained black, he found a hallway ceiling with jumbles of wires for illegal electrical connections. He rounded a corner, and suddenly he and the two men guiding him heard a high-pitched squeal that sounded like a wire whipping through the air. The two guides ducked and ran. Something is happening,” Mr. Hamman said. He took a few steps away, then caught sight of a small flame glowing from one of the wires strung overhead.
Persons: ” Mr, Hamman Locations: Johannesburg
We need to implement food systems approaches throughout COP28," said Joao Campari, global leader of food practice at the World Wildlife Fund. Doing so could also unlock financial investment in tackling food emissions, said Saswati Bora, global director for regenerative food systems at the Nature Conservancy. TACKLING METHANEA key goal for advocates is reducing methane emissions from food sectors like livestock production and food waste. Countries should also make stronger commitments in NDCs on food waste, said Liz Goodwin, director of food loss and waste at the World Resources Institute. Food waste generates half of all global food system emissions according to a March study published in the journal Nature Food.
Persons: David Swanson, Joao Campari, NDCs, Patty Fong, Saswati Bora, Bora, John Tauzel, Tauzel, Liz Goodwin, Goodwin, Leah Douglas, Josie Kao Organizations: REUTERS, United Nations, Food, Agriculture Organization, FAO, World Wildlife Fund, Conference of, United, United Arab Emirates, Global Alliance, Nature Conservancy, COP26, Environmental Defense Fund, World Resources Institute, Thomson Locations: Corcoran , California, U.S, Dubai, COP28, United Arab, United States, India, China, Canada, NDCs
WASHINGTON (AP) — President Joe Biden is hosting Angolan President João Manuel Gonçalves Lourenço in the Oval Office on Thursday as he seeks to reaffirm his commitment to Africa even as two wars consume much of his administration's foreign policy focus. The visit comes as Biden appears set to break his commitment to African leaders to visit the continent this year — though senior U.S. officials have made key trips to Africa throughout 2023. This is a fundamental shift in Angolan foreign policy,” lobbyist Robert Kapla wrote in April to Biden confidant Amos Hochstein, according to lobbyist disclosure records. It's part of a global infrastructure program championed by Biden that is meant as a counterweight to China's Belt and Road initiative. Much of Biden's recent foreign policy focus has been on Russia's war in Ukraine and the fighting between Israel and Hamas.
Persons: Joe Biden, João Manuel Gonçalves Lourenço, Angola's, Biden, , John Kirby, Lourenço, Robert Kapla, Amos Hochstein, Kapla, Molly Phee, Organizations: WASHINGTON, Angolan, Security, Biden, U.S, Democratic Locations: Africa, United States, China, Russia, Angolan, Lobito, Kananga, Democratic Republic of Congo, Zambia, It's, Ukraine, Israel, U.S
SEATTLE (AP) — Denis Bouanga scored his fourth goal of the MLS Cup playoffs in the 30th minute, goalkeeper Maxime Crepeau made seven saves, and defending champion Los Angeles FC advanced to the Western Conference final with a 1-0 win over the Seattle Sounders on Sunday night. Bouanga got one chance at goal and didn’t miss, scoring in his sixth straight game and sending LAFC home for the conference championship game against the Houston Dynamo next Saturday. Bouanga was the Golden Boot winner during the regular season with 20 goals and he added three more in LAFC’s opening round victory over Vancouver. His goal came despite Seattle controlling play for most of the first half and having two great chances in the opening five minutes that were denied by Crepeau. Bouanga’s shot was the only attempt LAFC put on goal in the first half and it finished with only two shots on target in the match.
Persons: — Denis Bouanga, Maxime Crepeau, Bouanga, didn’t, LAFC’s, Bouanga’s, LAFC, Josh Atencio’s, Jordan Morris outran Giorgio Chiellini, Crepeau, Morris, Alex Roldan, Joao Paulo, Albert Rusnak’s, ___ Organizations: SEATTLE, MLS, Los Angeles FC, Western, Seattle Sounders, Houston Dynamo, LA Galaxy, Vancouver, Seattle, Crepeau, Sounders, Portland Locations: Seattle
Biden to skip COP climate meeting in Dubai- official
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +1 min
U.S. President Joe Biden boards Air Force One at Nantucket Memorial Airport in Nantucket, Massachusetts, U.S., November 26, 2023. REUTERS/Tom Brenner/File photo Acquire Licensing RightsNov 26 (Reuters) - U.S. President Joe Biden will not attend a gathering of world leaders focused on climate change in Dubai this week, a U.S. official said on Sunday. Dozens of countries plan to push for the world's first deal to phase out CO2-emitting coal, oil and gas at the Dubai meeting. Biden has attended both of the COP summits since his 2021 inauguration. Reporting by Jeff Mason, writing by Dan Whitcomb; Editing by Caitlin Webber and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.
Persons: Joe Biden, Tom Brenner, Biden, João Manuel Gonçalves Lourenço, Jeff Mason, Dan Whitcomb, Caitlin Webber, Gerry Doyle Organizations: Air Force, REUTERS, U.S, Sunday, Reuters, United Nations, Conference, White House, Thomson Locations: Nantucket, Nantucket , Massachusetts, U.S, Dubai, Republic of Angola
But Trent Alexander-Arnold drilled in an 80th-minute equaliser with his right foot to deny City a 24th successive home win in all competitions. The result left City on 29 points from 13 games with Liverpool one point behind and Arsenal later claimed a late 1-0 victory at Brentford thanks to Kai Havertz's header. Arsenal leapfrogged Liverpool and City into first place with 30 points. Haaland did what he does best, firing home after Alisson's poor clearance had found its way to Nathan Ake. Not only in the goal -- around the goal, in all situations he was a really important player and a really good game from him," Liverpool manager Juergen Klopp said.
Persons: Erling Haaland, Alisson, Andy Cole, Trent Alexander, Arnold, Kai Havertz's, Haaland, Nathan Ake, Alexander, Trent, Juergen Klopp, Aaron Ramsdale, Bryan Mbeumo, Declan Rice, Leandro Trossard, Havertz stooped, Mikel Arteta, Chelsea, Mauricio Pochettino, Alexander Isak, Raheem Sterling's, Jamaal Lascelles, Newcastle's, Thiago Silva, Reece James, Anthony Gordon, Pochettino, Joao Pedro, Lewis Dunk, Jacob Brown, Martyn Herman, Toby Davis Organizations: Premier League, Brentford Newcastle, Chelsea, Manchester City, Liverpool, City, Arsenal, Brentford, Newcastle United, Brighton, Hove Albion, Nottingham Forest, Sunday, Newcastle, Luton Town, Burnley, West Ham United, Bournemouth, Sheffield United, Thomson Locations: Liverpool, Newcastle, Forest, Crystal
Ronaldo scores as Portugal beat Liechtenstein 2-0
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +1 min
Nov 16 (Reuters) - Cristiano Ronaldo found the back of the net to help Portugal beat Liechtenstein 2-0 in Group J clash on Thursday as the 38-year-old tied Belgium's Romelu Lukaku as the Euro 2024 qualifying campaign's top scorer. With their spot for the finals already secured, Portugal are on top of their group on 27 points, eight ahead of second-placed Slovakia. Liechtenstein are bottom with no points after nine games. Ronaldo extended his lead as the all-time top scorer in international soccer by moving up to 128 goals in 204 matches. Joao Cancelo extended their lead in the 56th minute, taking advantage of a blunder by goalkeeper Benjamin Buechel, who was out of position, to striked into the empty net.
Persons: Cristiano Ronaldo, Lukaku, Roberto Martinez, Diogo Jota's, Ronaldo, Joao Cancelo, Benjamin Buechel, Fernando Kallas, Julien Pretot Organizations: Portugal, Liechtenstein, Thomson Locations: Portugal, Slovakia, Liechtenstein, striked
LISBON (Reuters) - A Lisbon judge ordered on Monday that all five people detained last week for alleged corruption and influence-peddling, including the outgoing Portuguese prime minister's former chief of staff, be released from custody, the court said. They remain suspects in the investigation into alleged illegalities in the government's handling of lithium and hydrogen projects, as well as a large-scale data centre. The probe has led to the resignation of Prime Minister Antonio Costa, who is the target of a related investigation, and a snap election being called for March 10. Lacerda Machado was released on a 150,000-euro ($160,305) bail, while no bail was demanded for Escaria, who will be barred from travelling abroad, the court said. Others were named formal suspects in the investigation but were not detained, including Infrastructure Minister Joao Galamba, and head the environment agency APA, Nuno Lacasta.
Persons: Antonio Costa, Prosecutors, Vitor Escaria, Diogo Lacerda Machado, Costa's, Lacerda Machado, Joao Galamba, Nuno Lacasta, Costa, Catarina Demony, Andrei Khalip, Aislinn Laing Organizations: Escaria, Infrastructure Locations: LISBON, Lisbon
Portugal's Prime Minister and Socialist Party (PS) Secretary General Antonio Costa looks on after winning the general election in Lisbon, Portugal, January 31, 2022. REUTERS/Pedro Nunes/File Photo Acquire Licensing RightsLISBON, Nov 11 (Reuters) - Portugal's premier Antonio Costa, who resigned this week, told foreign investors on Saturday the country was open for business and wanted to remain attractive despite an ongoing corruption probe into "green" energy projects. Costa stepped down on Tuesday over an investigation into alleged illegalities in his government's handling of lithium and hydrogen projects, as well as a large-scale data centre. The data centre project, Start Campus, has been dubbed "one of the biggest foreign direct investments in Portugal in recent decades". The company said it was cooperating with authorities but that neither the company nor any of its staff were the targets of the investigation.
Persons: General Antonio Costa, Pedro Nunes, Antonio Costa, Costa, illegalities, Marcelo Rebelo de Sousa, Afonso Salema, Joao Galamba, Vitor Escaria, embarrasses, Catarina Demony, David Gregorio Our Organizations: Portugal's, Socialist Party, REUTERS, Rights, Savannah Resources, Authorities, Thomson Locations: Lisbon, Portugal, Rights LISBON, London, Savannah, Portuguese
His office said he would address the nation after meeting his consultative body, the Council of State. PS President Carlos Cesar said on Wednesday that if the president decided to call an election, March would be the best timing. The budget includes lower income tax rates for the middle class, higher wages and social benefits. Separately, those detained in the investigation, including Costa's close friend and consultant Diogo Lacerda Machado, were due to appear before a Lisbon court on Thursday. Reporting by Catarina Demony, Patricia Rua, Sergio Goncalves, editing by Andrei Khalip and Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Antonio Costa, Pedro, Marcelo Rebelo de Sousa, illegalities, Costa, Correio, Rebelo de Sousa, Joao Duque, Carlos Cesar, Diogo Lacerda Machado, Catarina Demony, Patricia Rua, Sergio Goncalves, Andrei Khalip, Alex Richardson Organizations: REUTERS, Socialist, Prosecutors, Socialist Party, of State, Jornal de Negocios, Analysts, Lisbon School of Economics, Management, Thomson Locations: Lisbon, Portugal, LISBON
LISBON (Reuters) - Nearly 70% of Portuguese voters want an early election following the abrupt resignation of the Socialist prime minister, a survey showed on Thursday, as President Marcelo Rebelo de Sousa was due to announce his decision on the matter later in the day. His office said he would address the nation after meeting his consultative body, the Council of State. PS President Carlos Cesar said on Wednesday that if the president decided to call an election, March would be the best timing. The budget includes lower income tax rates for the middle class, higher wages and social benefits. (Reporting by Catarina Demony, Patricia Rua, Sergio Goncalves, editing by Andrei Khalip and Alex Richardson)
Persons: Marcelo Rebelo de Sousa, Antonio Costa, illegalities, Costa, Correio, Rebelo de Sousa, Joao Duque, Carlos Cesar, Diogo Lacerda Machado, Catarina Demony, Patricia Rua, Sergio Goncalves, Andrei Khalip, Alex Richardson Organizations: Socialist, Prosecutors, Socialist Party, of State, Jornal de Negocios, Analysts, Lisbon School of Economics, Management Locations: LISBON, Lisbon
REUTERS/Catarina Demony/File Photo Acquire Licensing RightsLISBON, Nov 8 (Reuters) - Portuguese anti-mining groups have urged the government to suspend and review all lithium projects while authorities investigate alleged corruption in the handling of "green" energy deals that have led to the resignation of the prime minister. Antonio Costa resigned on Tuesday, hours after prosecutors detained five people, including his chief of staff, and named two formal suspects close to him in an investigation into lithium mining and hydrogen projects. With more than 60,000 metric tons of known lithium reserves, Portugal is Europe's biggest lithium producer, but its miners sell almost exclusively to the ceramics industry. "Lithium mining projects in Portugal must be immediately cancelled to not allow territories and populations to be affected based on corrupt and unclear processes," the groups said. In 2019, Portugal's government came under fire from lawmakers for signing a contract giving exploration rights for lithium mining to Lusorecursos when the company was only three days old.
Persons: Catarina Demony, Antonio Costa, Lusorecursos, Savannah, Nuno Lacasta, Joao Galamba, UDCB, Aislinn Laing, Nick Macfie Organizations: REUTERS, Rights, Justice, Environment, APA, Savannah Resources, Infrastructure, Thomson Locations: Covas do Barroso, Portugal, Rights LISBON, Portuguese, Europe, China, London, Savannah, Barroso
CNN —17-year-old Real Madrid-bound sensation Endrick has earned a milestone call up to the senior Brazil men’s national team. Interim Canarinha head coach Fernando Diniz announced his squad on Monday for Brazil’s 2026 World Cup qualifier later this month and revealed that the uncapped Endrick will feature in the national team for the first time. In doing so, the Palmeiras breakout star became the youngest player to get a senior Seleção call-up since iconic striker Ronaldo Nazario in 1994. Ronaldo – nicknamed O Fenômeno – is considered one of the greatest soccer players of all time and won the World Cup twice with Brazil. The top six teams automatically qualify for the 2026 World Cup which is being hosted in the US, Canada and Mexico, while the seventh-placed nation must go through a play-off to reach international soccer’s showpiece competition.
Persons: Endrick, Fernando Diniz, Ronaldo Nazario, Ronaldo –, , ” Diniz, It’s, Ricardo Moreira, Ronaldo, Ballon d’Or, Pedro, Atlético Mineiro’s, Neymar, Éder Militão Organizations: CNN, Brazil men’s, Interim, Palmeiras, Real Madrid, Brazilian, Corinthians, Brazil, Brighton, Hove Albion’s, Argentina, South Locations: Real Madrid, Brazil, Real, Spain, Qatar, Hove, Porto, Pepê, Colombia, Baranquilla, Rio de Janeiro, Canada, Mexico
Portugal's PM Costa resigns over corruption investigation
  + stars: | 2023-11-07 | by ( ) www.cnbc.com   time to read: +1 min
Portugal's Prime Minister Antonio Costa resigned on Tuesday amid an investigation into alleged irregularities committed by his majority Socialist administration in handling lithium mining and hydrogen projects in the country. Costa announced the decision in a televised statement after meeting President Marcelo Rebelo de Sousa. Prosecutors earlier on Tuesday named Infrastructure Minister Joao Galamba as a formal suspect and detained Costa's chief of staff. Costa he was "fully available to cooperate" with the justice system after prosecutors said he was also the target of an investigation. "The dignity of the functions of prime minister is not compatible with any suspicion about his integrity, his good conduct and even less with the suspicion of the practice of any criminal act," Costa told reporters.
Persons: Antonio Costa, Costa, Marcelo Rebelo de Sousa, Joao Galamba, Costa's Organizations: Portugal's, Prosecutors
[1/4] Portugal's Prime Minister Antonio Costa attends the informal meeting of European heads of state or government, in Granada, Spain October 6, 2023. REUTERS/Juan Medina/File Photo Acquire Licensing RightsLISBON, Nov 7 (Reuters) - Portuguese Prime Minister Antonio Costa resigned on Tuesday, just hours after prosecutors detained his chief of staff in a probe into alleged corruption in his administration's handling of lithium mining and hydrogen projects. Costa, who prosecutors said was the target of a separate investigation, announced the decision in a televised statement after meeting President Marcelo Rebelo de Sousa. Over 40 searches were carried out on Tuesday at several government buildings, including Escaria's office and the infrastructure and environment ministries, the prosecutor's office said. "At stake may be ... facts capable of constituting crimes of malfeasance, active and passive corruption of politicians and influence peddling," the prosecutor's office said.
Persons: Antonio Costa, Juan Medina, Marcelo Rebelo de Sousa, Costa, Rebelo de Sousa, Vitor Escaria, Joao Galamba, Nuno Lacasta, Catarina Demony, Patricia Rua, Sergio Goncalves, Andrei Khalip, Emelia Organizations: Portugal's, REUTERS, Rights, Costa's Socialists, of State, TAP, APA, Prosecutors, Thomson Locations: Granada, Spain, Rights LISBON, Portuguese, Costa, Portugal, Sines
In southern Brazil in July, Laureano Toscani and João Guilherme Correa were smoking cigarettes along a busy road in their prison-issued garb, shorts and sandals, waiting for a ride after seven months in jail. Mr. Toscani was once convicted of stabbing a group of Jewish men, and Mr. Correa has been accused of murdering a couple leaving a party. But this time, they were behind bars for attending what they said was a harmless barbecue. The Brazilian authorities, however, say it was something far more sinister: a meeting of the Hammerskins, a neo-Nazi group founded in Dallas in 1988 that they say has recently found its way thousands of miles south, to Brazil’s most starkly conservative region, reflecting a surge in far-right extremists in Latin America’s largest nation. In September 2022, the state police in Santa Catarina began trailing the Hammerskins as members strategized on how to attract new recruits.
Persons: Laureano, João Guilherme Correa, Toscani, Correa, strategized Organizations: Nazi, Santa Catarina Locations: Brazil, Dallas, Santa
A logo of Millennium bank, Polish unit of Portugal's Millennium BCP, is pictured on the flag in front of the bank headquarters in Warsaw, Poland April 28, 2016. REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsGDANSK, Oct 27 (Reuters) - Poland's Bank Millennium (MILP.WA) aims to conclude 1,000 settlements every quarter with customers regarding Swiss franc loans, Chief Executive Joao Bras Jorge said on Friday. Last year the Polish government introduced a so-called credit vacation to help borrowers deal with higher interest rates in Poland. Bank Millennium, majority owned by Portugal's Millennium bcp (BCP.LS), said it will not propose a dividend for 2023. Bank Millennium posted a third quarter net profit of 103 million zlotys ($24.40 million), reversing a 1 billion zloty loss a year earlier.
Persons: Kacper, Joao Bras Jorge, Jorge, Fernando Bicho, Bicho, Marta Maciag, Adrianna Ebert, Anna Banacka, Susan Fenton Organizations: REUTERS, Swiss, Bank, Portugal's, Thomson Locations: Warsaw, Poland, GDANSK, Switzerland
BARCELONA, Spain (AP) — Barcelona coach Xavi Hernández is keeping his cards close to his chest before the first “clasico” of the season. They all returned to training Friday, a day before Madrid arrives with a one-point lead in the Spanish league standings. “I will play my best players, those that are 100% ready,” the Barcelona coach said. Political Cartoons View All 1223 ImagesMadrid coach Carlo Ancelotti said he wasn't worried who played for Barcelona as long as Jude Bellingham was ready to go. Regardless of who plays for the host team, Xavi has a huge task in finding a way to stop Bellingham and Vinícius Júnior.
Persons: Xavi Hernández, Robert Lewandowksi, de Jong, Pedri González, Jules Koundé, , Ferran Torres, Carlo Ancelotti, wasn't, Jude Bellingham, Bellingham, Ancelotti, Xavi, Vinícius, ” Xavi, Ronald Araújo, De Jong, Oriol Romeu, Gavi Paéz, “ Oriol, ” Bellingham, Karim Benzema’s, Toni Kroos, Federico Valverde, Aurélien Tchouaméni, Luka Modric, Eduardo Camavinga, “ Camavinga, Mendy, ” Ancelotti, Yamal, Fermín López Organizations: , Madrid, Barcelona, Braga, Champions League, Bellingham, Manchester, Xavi’s, La Masia, Shakhtar Donetsk Locations: BARCELONA, Spain, — Barcelona, Barcelona, Lewandowski, Poland, Bellingham, Manchester City, Madrid, Saudi Arabia
Xavi had to call up eight academy players for their Champions League match against Shakhtar Donetsk on Wednesday, as the Catalonian side grapple with injuries to eight key players, including Polish striker Robert Lewandowski. Barca secured a hard-fought 2-1 win against Shakhtar thanks to a brilliant display by 20-year-old Fermin Lopez, who is becoming a regular in the first team. It's a match in which we need to be at 100%," Xavi told a press conference on Wednesday. Real lead the LaLiga standings, level with Girona, the surprise package of the season so far, on 25 points from 10 games. Barcelona are third on 24 points, two ahead of Atletico Madrid, who have a game in hand.
Persons: FC Barcelona's Robert Lewandowski, Pedro Nunes, Xavi Hernandez, Xavi, Robert Lewandowski, Barca, Fermin Lopez, Frenkie De Jong, Jules Kounde, Pedri, Sergi Roberto, Raphinha, Joao Felix, It's, Thibaut Courtois, Eder Militao, Arda Gueler, Englishman Jude Bellingham, Carlo Ancelotti, Fernando Kallas, Christian Radnedge Organizations: Soccer Football, FC Porto, FC Barcelona, Estadio, FC Barcelona's, REUTERS, Rights, Real Madrid, El, Champions League, Shakhtar Donetsk, Shakhtar, Lewandowski, El Clasico, Barca, Borussia Dortmund, Braga, Barcelona, Atletico Madrid, Thomson Locations: Porto, Portugal, Rights BARCELONA, Barcelona, Catalonian, Camp Nou, Portuguese, Girona
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