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These are just some of the highlights of “Indigenous Histories,” an absorbing new show recently opened at Norway’s Kode Bergen Art Museum. Andreas Harvik/National Museum/Courtesy Kode Bergen Art Museum“Indigenous Histories” corresponds with fresh thinking about what is and what isn’t fine art. This piece "Oaivemozit/ Galskap/ Madness," from 2013 is part of the Sámi Dáiddamagasiidna (Sámi Art Collection). Sámi Art Collection/Courtesy Kode Bergen Art MuseumAlong with the vibrant color and cultural dynamism, there is righteous anger and political outrage on view, as artists grapple with the legacy of colonial oppression. Sámi Art Collection/Courtesy Kode Bergen Art MuseumThe climate emergency has changed orthodox opinions about Indigenous communities, says Katya García-Antón, who curated the Venice exhibition and is now director of the Nordnorsk Kunstmuseum in Tromsø.
Persons: Brazil’s, , Petter Snare, John Savio, Andreas Harvik, Duhigó, MASP, Katarina Spik Skum, , Philippa Moxon, she’d, Mick Namarari Tjapaltjarri, Máret Ánne Sara, Tate, Anders Sunna, Katya García, Marét Anné Sara, Antón, Djan Organizations: CNN, Bergen Art Museum, National, Bergen Art, Venice Biennale, Nordic, Norwegian, of Locations: Bergen, South America, North America, Oceania, Nordic, Brazil, Peru, Mexico, Canada, Australia, New Zealand, , Kode, Lapland, Zealand, Brazilian, Sápmi, Northern Territory, Norway, Venice, Swedish, Nordnorsk, Tromsø, Oslo, of Australia, Canberra
An oil pumpjack is pictured in the Permian Basin in the Loco Hills regions, New Mexico, on April 6, 2023. U.S. crude oil was little changed Thursday but is on pace for its worst month of the year and a second consecutive monthly loss. U.S. crude oil is down 3.2% in May, its worst performance since December. Brent has lost nearly 5% this month, putting the global benchmark on pace for its first negative month in five. Demand in China appears to have softened in the first quarter, Singh told clients in a note.
Persons: Brent, Amarpreet Singh, Singh, Tamas Varga Organizations: Barclays, Demand Locations: New Mexico, China
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Biden's team announced that its political operation, which includes the Democratic National Committee, raised $51 million in the same period. A guilty verdict is a "non-issue," said David Tamasi, a Republican fundraiser and a managing director at lobbying firm Chartwell Strategy Group. Tamasi raised money for Trump's 2020 campaign and for former New Jersey Governor Chris Christie's failed primary run against Trump last year. All of them are going back to help raise money for Trump, in spite of the guilty verdict. After not backing any of the Republican primary contenders, Schwarzman announced that he will support Trump's White House bid.
Persons: Trump, megadonors, Joe Biden, Andy Sabin, Donald Trump, Biden's, Republican megadonors, Ray Washburne, Washburne, Omeed Malik, Malik, David Tamasi, would've, he's, Tamasi, Chris Christie's, he'd, Jan, Blackstone, Steve Schwarzman, Schwarzman, Trump's, Axios, Michael Cohen Organizations: Republican, CNBC, Trump, Republican megadonors, RNC, Democratic National Committee, America, Republican National Committee, Chartwell, New, GOP Locations: Trump's, New York, Republican megadonors . Texas, Dallas, U.S, Mexico, Ukraine, Gaza, New Jersey, Trump's New York
Ms. Sheinbaum, 61, is the clear front-runner in the Mexican election on Sunday, putting her in position to become the country’s first female president. Many Mexicans are wondering: Can she be her own leader? Or is she a pawn of the current president? “There’s this idea, because a lot of columnists say it, that I don’t have a personality,” Ms. Sheinbaum complained to reporters earlier this year. “That President Andrés Manuel López Obrador tells me what to do, that when I get to the presidency, he’s going to be calling me on the phone every day.”
Persons: Claudia Sheinbaum’s, Sheinbaum, , ” Ms, Andrés Manuel López Obrador, he’s, Organizations: Mexico City Locations: Mexico
Another mega oil dealBullish predictions for $100 crude oil may not have come to fruition, but that hasn’t stopped the deal frenzy in the fossil fuel sector. The latest: The Houston-based company ConocoPhillips has agreed to acquire its smaller rival, Marathon Oil, in an all-stock deal that values the company at $22.5 billion, including debt. The news comes a day after Hess shareholders approved Chevron’s $53 billion takeover in a contentious vote. The oil majors have pulled off some of the biggest deals in the past year despite tough regulatory scrutiny from the Biden administration and volatility in the oil market. Still, the U.S. giants are sitting on record profits, giving them the firepower to acquire smaller drillers with operations in the oil-rich Permian Basin and in the Gulf of Mexico.
Persons: hasn’t, Hess, Biden Organizations: ConocoPhillips, Marathon Oil Locations: Houston, U.S, Gulf of Mexico
While he has stated support for Roe v Wade, in 2023, at a fundraiser Biden said, “I’m a practicing Catholic. Feminist activists demonstrate in favor of the decriminalization of abortion on International Safe Abortion Day, in Mexico City, September 2023. Silvana Flores/AFP/Getty ImagesFor decades, abortion was criminalized in Mexico, while in the US the constitutional right was established in the Roe v. Wade decision in 1973. Since the Supreme Court overturned Roe v. Wade, more than 20 US states ban or restrict abortion. I never imagined that.”In the US, I wonder if I will see a woman elected as president in my lifetime.
Persons: Alice Driver, , Mexico’s, Alice Driver Luis_Garvan, Claudia Sheinbaum, Xóchitl, , Donald Trump, Andrés Manuel López Obrador, Sheinbaum, Susan Segal, Trump, Stormy Daniels, Roe, Wade, Biden, “ I’m, I’m, Roe America, Silvana Flores, Verónica Cruz, ” Cruz Organizations: American Worker, Meatpacking Company, New Yorker, The New York, Oxford American, CNN, CNN —, Mexico City, Society, Americas, Roe, Getty, Mexico’s, America –, Trump, Biden, Young Texas Locations: Mexico, New, United States, New York, Roe, Mexico City, AFP, Arkansas, America, America – Mexico, Argentina, Colombia, Mexican
ConocoPhillips agreed on Wednesday to buy Marathon Oil in an all-stock transaction worth $17 billion that would bolster the company's shale assets as the broader oil and gas industry undergoes a major wave of consolidation. The deal will add 2 billion barrels of resources to ConocoPhillips' inventory in the U.S., extending the company's reach across shale fields in Texas, New Mexico and North Dakota. ConocoPhillips expects share buybacks worth $7 billion in the first year after the deal is completed and $20 billion in the first three years. ConocoPhillips' stock was down 3.3% in early trading following the announcement as Marathon Oil shares surged 7.3%. ConocoPhillips is the third-largest U.S. oil company with a market capitalization of $137 billion, while Marathon Oil has a market cap of $14.4 billion.
Persons: Ryan Lance, Lance Organizations: ConocoPhillips, Oil, Marathon, Marathon Oil, Exxon Mobil, Natural Resources, Federal Trade Commission, Hess Corporation, Chevron Locations: U.S, Texas , New Mexico, North Dakota
The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global debt wave has been the biggest, fastest and most wide-ranging rise in debt since World War II, coinciding with the Covid-19 pandemic. Around two-thirds of the $315 trillion owed originates from mature economies, with Japan and the United States contributing the most to that debt pile. Of the $315 trillion debt stock, household debt, which includes mortgages, credit cards and student debt, among others, amounted to $59.1 trillion. Business debt, which corporations use to finance their operations and growth, stood at $164.5 trillion, with the financial sector alone making up $70.4 trillion of that amount.
Persons: Organizations: Institute of International Finance, United Locations: Japan, United States, China, India, Mexico
ConocoPhillips agreed on Wednesday to acquire its smaller rival, Marathon Oil, the latest deal in a wave of consolidation sweeping the oil industry. The all-stock deal values Marathon at $22.5 billion, including debt. Marathon’s operations are in some of the most sought-after oil fields in New Mexico, North Dakota and Texas; it also drills offshore of Equatorial Guinea. Major oil companies have pulled off some of the biggest acquisitions of the past year despite regulatory scrutiny from the Biden administration and volatility in the oil market. The U.S. giants have been harnessing record profits, giving them the firepower to acquire smaller players with operations in oil-rich regions like the Permian Basin, Bakken Shale and in the Gulf of Mexico.
Persons: ” Ryan Lance, Biden Organizations: ConocoPhillips, Marathon Oil Locations: New Mexico, North Dakota, Texas, Equatorial Guinea, U.S, Gulf of Mexico
A new F-35B crashed in Albuquerque, New Mexico, on Tuesday, leaving its pilot injured. The jet was a new model being transferred from a Lockheed Martin facility to the US military, per reports. F-35s have been reported to cost up to $135 million each, but it's unclear how much this one was worth. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn F-35B Lightning II fighter jet crashed near the Albuquerque International Sunport in New Mexico on Tuesday, and its pilot has been seriously injured, local authorities said.
Persons: Lockheed Martin, , Jason Fejer Organizations: Lockheed, Service, Albuquerque, Fire, Albuquerque Fire, Business Locations: Albuquerque , New Mexico, New Mexico, Albuquerque
Read previewNew Mexico's basic income pilot set out to fill a gap in America's financial safety net: many immigrants aren't able to access help. New Mexico's program is among the first basic income programs to operate at the state level and to specifically serve immigrant households. AdvertisementThe pilot's success has also provided momentum for future basic income programs in the region. With basic income, participants saw improved employment and education outcomesThe New Mexico pilot served mixed-status households in 13 counties across the state. AdvertisementHave you benefitted from a guaranteed basic income program?
Persons: , aren't, Marcela Díaz, Javier Rojo, Doña Ana County, I've, Rojo Organizations: Service, Business, Pueblo Unido, New, New Mexico Economic Relief, Un, Un Pueblo Unido, Children, New Mexico House Locations: New Mexico, Pueblo, Un Pueblo, Doña Ana
Sheinbaum is riding on a wave of popularity with the support of her long-time ally, Mexican President Andrés Manuel López Obrador, and their leftist Morena party. Mexico's President Andrés Manuel López Obrador gestures during an event in Mexico City. It was a strategy that saw the son of Mexican drug lord Joaquin “El Chapo” Guzman released on the orders of López Obrador in 2019 to avoid bloodshed. The Supreme Court upheld an opposition complaint and ordered López Obrador to return the National Guard to civilian jurisdiction. Amid ongoing “gender-based violence, including femicides and disappearances,” Kloppe-Santamaría said, getting a female president at this moment feels “very paradoxical.”
Persons: Claudia Sheinbaum, , Sheinbaum, , Andrés Manuel López Obrador, Xochitl Gálvez, Raquel Cunha, ” Stephanie Brewer, , López Obrador’s, Enrique Peña Nieto’s, Ulises Ruiz, Galvez, ” Gálvez, , ” Brewer, Felipe Calderón, “ Militarization, López Obrador, Joaquin “ El Chapo ” Guzman, Armando Perez Luna, Ivan Macias Ivan Macias, Brewer, Falko Ernst, Gema, Santamaría Organizations: CNN, Mexico City, PAN, Reuters, Washington Office, Latin, Mexico’s National Institute of Statistics, , coy, Mirador, AFP, Getty, National Guard, Defense, Defense . Police, National Action Party, REUTERS, Crisis, ” CNN, Defence, George Washington University ., Galvaz, Mexico City police Locations: Mexico, , Chiapas, Mexico’s, Guatemala, Morena, Mexico City, “ Mexico, Latin America, WOLA, Mirador San Miguel, Lagos de Moreno, Jalisco State, militarization, Maravatio, Michoacan, Mexican, femicides
Oil prices steady as investors await inflation data, OPEC+ meeting
  + stars: | 2024-05-28 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices were steady in early Asian trading on Tuesday as investors awaited inflation data to assess future U.S. monetary policy and the production policy decisions from the OPEC+ meeting on June 2. The U.S. personal consumption expenditures index expected this week will be in the spotlight for further signals about interest rate policy. The index, due to be released on May 31, is viewed as the U.S. Federal Reserve's preferred measure of inflation. German inflation data on Wednesday and euro zone readings on Friday will also be watched for signs of a European rate cut that traders have penciled in for next week. All eyes are also be on the upcoming online meeting of the OPEC+ on June 2.
Persons: Brent, Satoru Yoshida, U.S . Federal Reserve's, Goldman Sachs Organizations: . West Texas, Rakuten Securities, Organization of, Petroleum, U.S, U.S . Federal Locations: New Mexico, U.S, Friday's, Britain, United States, OPEC, U.S .
How the world got into $315 trillion of debt
  + stars: | 2024-05-28 | by ( Nessa Anwar | ) www.cnbc.com   time to read: +6 min
In 2024, global gross domestic product — or GDP — amounted to $109.5 trillion dollars — slightly over a third of that global debt number. So, with global debt at a record high, should you be concerned? The first debt wave originated from Latin America in the 1980s, which led 16 countries in that region to restructure their borrowings. Global debt rose to 256 percent of GDP in 2020, a 28-percentage point increase - and the biggest one-year debt rise since the Second World War. The fourth wave has been the biggest, fastest and most wide-ranging rise in debt we've seen since World War II.
Persons: we've Organizations: World Bank, International Monetary Fund, United Locations: Prussian, Civil, United States, America, Asia, U.S, Europe, Zambia, Japan, China, India, Mexico
CNN —Colombia has approved a bill banning bullfights, marking a significant victory for animal rights activists over advocates who argued to uphold the sport in the South American country. On Tuesday, 93 congressmen voted in favor of banning bullfighting – with only two against it – sending the bill to President Gustavo Petro for final approval. Colombia is one of only eight countries where bullfighting still takes place. The others are France, Portugal, Mexico, Ecuador, Peru, Spain and Venezuela, where the controversial sport still commands audiences but also firm opposition. Other countries in South America which have already banned the practice include Brazil and Argentina.
Persons: Gustavo Petro, Petro, , , Alejandro Garcia, Juan Carlos Losada Organizations: CNN Locations: Colombia, France, Portugal, Mexico, Ecuador, Peru, Spain, Venezuela, South America, Brazil, Argentina
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They're primarily moving to Portugal, Spain and the U.K., where many expats say they're highly satisfied with their personal, financial, social and work lives abroad. She started working at Deel in 2022 as a digital nomad in Portugal and "living in the clouds traveling the world," she says. Mourao currently has a digital nomad visa in Portugal and continues to travel around the world. For example, while in Portugal, she's in a central time zone that makes it easy to communicate with colleagues in Latin America, Europe, the Middle East, Africa and Asia. Prove why you're suited to work abroad
Persons: Kamylle, Mourao, Masha Sutherlin, Sutherlin, She's, she's, who've, they've Organizations: United Arab Locations: Brazil, Peru, Mexico, Portugal, Spain, Deel, France, Egypt, Singapore, United Arab Emirates, Japan, she's, Latin America, Europe, East, Africa, Asia
But while retirees might imagine spending their golden years full of pasta and palazzos, the realities of moving abroad are much less romantic. He didn’t think retiring abroad was feasible. Packing up shopAs America’s retirement crisis grows, so too does the dream of retiring abroad. “People need to think about estate planning, which is often different abroad,” said Brett Spencer, the founder of Impact Financial, a financial advisory firm that specializes in Americans living abroad. I think that’s the reality that a lot of people probably aren’t prepared for,” said Peddicord, who splits her time with her husband between Paris and Panama City, Panama.
Persons: Laura Barnett, She’s, Chris, Chris Barnett, didn’t, Laura, , We’ve, , ” Chris, there’s, won’t, It’s, Brett Spencer, ” Spencer, he’s, Italy Patience Dunbar, Charles Ippoliti, Patience Dunbar Patience Dunbar, Charles, they’ve, Patience, Giorgia, We’re, you’ll, Kathleen Peddicord, Peddicord, don’t, Jacki Dahl, Bill Dahl, Bill Organizations: New, New York CNN, US Department of Defense, CNN, Gallup, Social, Impact, Invest Overseas, , , Rocky, Expiatorio Locations: New York, Kentucky, Poitiers, France, Fayetteville , North Carolina, Portugal, Aveiro, Europe, Monmouth, Italy, Arona, Milan, Oregon, Kansas, United States, Paris, Panama City, Panama, States, Reno, Guadalajara, Mexico,
Donald J. Trump is crystal clear about his disdain for electric vehicles. The former president has falsely claimed electric cars don’t work, promised to shred President Biden’s policies that encourage E.V. manufacturing and sales, and has said he would slap a “100 percent tariff” on electric cars imported from Mexico if he retakes the White House. But analysts say that even if Mr. Trump is elected and ends federal policies that support electric vehicles, by the time that happens, the market may have reached a level where it would keep growing without government help. A record 1.2 million Americans bought electric vehicles last year, making up 7.6 percent of new car sales and moving the cars and trucks from the margin to the mainstream of the American auto market.
Persons: Donald J, “ You’re, Trump Organizations: Trump, Analysts Locations: Mexico
Elsa/Getty Images“We say no a lot,” admits Evan Zeder, director of global sports marketing for New Balance’s tennis and baseball units. Lacoste, the French luxury brand, was born with tennis in mind since its start in 1933. Lacoste’s polo shirts have become a major part of the “tennis aesthetic,” or the luxury athleticism #tenniscore trending on social media. Alcohol brands trying to crack the US market see the growing popularity of tennis as an opportunity to introduce themselves to drinkers. Dobel became the US Open’s official tequila sponsor last year, bringing alongs its Ace Paloma cocktail that it sells at other tennis tournaments it sponsors.
Persons: New York CNN — It’s, , Louis Vuitton, Loewe, Serena Williams, they’re, Bob Lynch, ” Lynch, Roger Federer, Anne Hathaway, Roland Garros, Rafael Nadal, Christophe Petit Tesson, Novak Djokovic, Williams, Naomi Osaka, Carlos Alcaraz, Iga Świątek, Coco Gauff, , outfitter, Gauff, she’s, Aryna, Elsa, Evan Zeder, Tommy Paul, it’s “, Lacoste, René Lacoste, “ Lacoste, Catherine Spindler, Djokovic, Daniil Medvedev, ” Novak Djokovic, Mike Stobe, ” Zendaya, ” Spindler, Maestro Dobel, Dobel, Paloma, Lander Otegui, Otegui, ” Otegui, Charlize Theron, Arthur Ashe, Katie Holmes, “ It’s, it’s Organizations: New, New York CNN, luxe, Vogue, ESPN, ABC, Tennis, United States Tennis Association, Brands, MLB, MLS, NBA, Tennis Channel, Netflix, CNN, YouTube, That’s, Wimbledon, Microsoft, Nike, Adidas, Lacoste, Australian, US, USTA Locations: New York, , Swiss, Paris, Poland, Australia, London, Chambord, Mexico, Miami, Indian Wells, Cincinnati
Analysts are expecting the Memorial Day weekend to usher in yet another summer of strong consumer spending on travel and other leisure activities. “We haven’t seen Memorial Day weekend travel numbers like these in almost 20 years,” Paula Twidale, senior vice president at AAA Travel, said in a release. Spending this summer will likely be a little softer than last year’s, they said, but still strong. The bank’s consumer travel survey showed that 72% of people said they’re planning to travel, with 36% saying they’ve already planned their trip. Even among respondents making less than $75,000 a year, more than 60% said they’re planning to travel this summer.
Persons: ” Paula Twidale, Royal Caribbean’s, ” David Tinsley, they’ve, Joelle, aren’t, Dogecoin, Shiba Inu “, Atsuko Sato, , Sato, ” Kabosu, Kabosu, Shiba, Loretta Mester, Neel Kashkari, Lisa Cook, Robin, John Williams, Raphael Bostic, Lorie Logan Organizations: CNN Business, Bell, Washington CNN —, Transportation Security Administration, AAA, AAA Travel, Bank of America Institute, Bank of America, Japan, Europe, New York Fed, Public Policy Research, Mizuho Financial, Federal, Global, Index, Board, HP, Dick’s Sporting Goods, Abercrombie, Fitch, Eagle Outfitters, Costco, Dell, Dollar, Hormel, US Commerce Department, US Labor Department, National Association of Realtors, China’s National Bureau of Statistics, Atlanta Fed Locations: Washington, Caribbean, South Korea, Switzerland, Colombia, Costa Rica, Canada, Mexico, Domestically , California, Florida, California, , Sakura, CAVA, Chewy, Burlington, Birkenstock, Nordstrom, Kohl’s
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This was after Sam Altman tried to hire her to voice the AI bot, and she declined. OpenAI paused the voice, saying a different actress was behind it, and that the voice was cast before Altman reached out to Johansson. That one of the AI voices sounds a great deal like a Hollywood star who declined to work with OpenAI is purely coincidental . Also read:Fine Art Photographic/Getty Images; Jenny Chang-Rodriguez/BIWelcome to DumBroCities on the rise have a weird trend these days: Really dumb neighborhood names.
Persons: , Andrew Caballero, Reynolds, Isabel Fernandez, OpenAI's, Spike Jonze, Scarlett Johansson, Samantha, Sam Altman, OpenAI, Altman, Johansson, Sundar Pichai, Vincent Sandoval, Getty, Henrik Sorensen, Tyler Le, Larry Ellison, it's, Tera Vector, Juanma Hache, Abanti Chowdhury, they're, Andrea Chronopoulos, — isn't, Jenny Chang, Rodriguez, — Lindsay MacMillan, Goldman Sachs Organizations: Service, Business, Pujol, Hollywood, Tera, Sciences, BI FI, Goldman Locations: Guadalajara, Mexico, DumBro Cities, Denver
Across Mexico, dozens of candidates, their relatives and party members have been targeted in violent attacks ahead of next month’s general election, which will be the country’s largest election ever in terms of voters and seats. At least 36 people seeking office have been killed since last June, a New York Times analysis found. It’s a gruesome milestone even for Mexico, where violence has been a part of campaign seasons for decades. Why is election violence so bad? The surge in violence plaguing Mexico can largely be traced to local criminal groups, according to security analysts and law enforcement officials.
Organizations: New York Times Locations: Mexico
CNN —A top Mexican cartel member known as ‘El Nini,’ who was one of America’s most-wanted criminals for his alleged role in the fentanyl trade, has been extradited to the United States. Biden has previously described El Nini as one of America’s most-wanted criminals. The US State Department offered a reward of up to $3 million for information leading to his arrest and he was detained in Mexico in November of last year. The State Department also said Pérez Salas was responsible for the security apparatus of Los Chapitos, a faction of the Sinaloa cartel. “I am grateful to our Mexican government counterparts for their extraordinary efforts in apprehending and extraditing El Nini,” US Attorney General Merrick Garland’s office said in a statement.
Persons: El, , Joe Biden, El Nini –, Néstor Isidro Pérez Salas –, ” “ El Nini, ” Biden, Andres Manuel Lopez Obrador, Néstor Isidro Pérez Salas “, , Biden, El Nini, Pérez Salas, Oscar Noé Medina González, Iván Archivaldo Guzmán Salazar, Joaquín, Guzmán, , extraditing El, General Merrick Garland’s, ” CNN’s Evan Perez, Zoe Sottile Organizations: CNN, Saturday, United, US Department of Justice, US State Department, State Department, The State Department, Department Locations: United States, Mexico, Sinaloa
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