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Editor’s Note: Celia Wexler is a journalist and the author of “Catholic Women Confront Their Church: Stories of Hurt and Hope.” She writes frequently on Catholicism, feminism and politics. That means in the United States, the US Conference of Catholic Bishops, that bastion of conservatism, will do the choosing. Will Zagano, who has written extensively about the role of women deacons in the early church, be given a vote? How about British theologian Tina Beattie, who has worked tirelessly to amplify women’s voices in the church? In 2014, Beattie founded Catholic Women Speak, an international group of women focused on one goal: increasing women’s participation in the life and governance of the church.
CNN —Sarracenia pitcher plants, found in bogs throughout eastern North America, look like trumpet-shaped flowers, often in purplish or reddish hues. Different kinds of Sarracenia pitcher plants tend to eat different kinds of insects — some species trap more ants, while others feast on bees and moths. But recently opened pitcher plants that don’t stink of rotting bug carcasses provide an opportunity to identify the scents, she explained. The biggest challenge with the study, honestly, is that they did it in France,” rather than in the Sarracenia pitcher plants’ native North American bogs. It’s important to study pitcher plants due to the unique role they play in their increasingly fragile ecosystems, he added.
Investors put the economic slowdown playbook to work TuesdayJim Cramer said Tuesday's rotation into economically insensitive stocks has the makings of a multi-day move as Wall Street digests the latest labor market data. He also offered an explanation for the Club's latest portfolio moves. A transcript will be added shortly.
The U.S. West Texas Intermediate crude contract for April was down 28 cents at $66.46 before its expiry on Tuesday. "There's a lot of fear-based movement (in oil prices)," Price Futures Group analyst Phil Flynn said. "We're not moving at all on supply and demand fundamentals, we're just moving on the banking concerns." On Monday, the S&P 500 and the Dow Jones gained, helping lift oil prices off the day's lows. The group agreed in October to cut oil production targets by 2 million barrels per day until the end of 2023.
Unlike Wells Fargo, Morgan Stanley's business model doesn't really depend on collecting deposits and issuing loans, which is the bread and butter of conventional banking. "We think we own the best with Morgan Stanley and Wells Fargo," Jim said. A compression of NIM can put downward pressure on overall earnings at a bank like Wells Fargo. For Wells Fargo and other consumer-oriented banks, investors aren't concerned that startup cash burn will cause deposit levels to decline. Pedestrians pass a Wells Fargo bank branch in New York, U.S., on Thursday, Jan. 13, 2022.
LONDON, Feb 24 (Reuters) - The global nickel market flipped from deficit to surplus over the course of 2022, according to the International Nickel Study Group (INSG). Indonesia's mined nickel production expanded by 48% to 1.58 million tonnes in 2022, according to the INSG. However, as Indonesian production of Class II nickel rises, the Class I market shrinks. Around 70% of the physical nickel supply chain is now priced at a discount to the LME benchmark. LME nickel volumes slumped by 28% last year and January's activity was 60% lower than that of January 2022.
AMD shares popped about 3%. On Wall Street, several analysts reiterated AMD shares as a buy despite the continued overhangs in the chipmaking industry, and project upside for the stock. Goldman Sachs also maintained a buy rating on AMD, saying that despite broader market challenges, the company is on track towards a positive market share trajectory. 'Partly cloudy' results Deutsche Bank analyst Ross Seymore reiterated a hold rating on the stock, citing its "partially cloudy" fourth-quarter results. AMD shares have benefited from January's market and tech shares rally, jumping 16.03% since the start of 2023.
Euro zone banks to repay 296 bln euros in ECB loans
  + stars: | 2022-11-18 | by ( ) www.reuters.com   time to read: +1 min
FRANKFURT, Nov 18 (Reuters) - Euro zone banks are set to repay 296 billion euros in multi-year loans from the European Central Bank next week, the ECB said on Friday, in its latest step to fight runaway inflation in the euro zone. This is less than the roughly 500 billion euros many analysts expected for the first voluntary repayment window of the ECB's Targeted Longer Term Refinancing Operation (TLTRO) since terms were changed last month. The ECB has given banks an incentive to get rid of those loans by taking away a rate subsidy last month. It was its first move to mop up cash from the banking system and the first step towards unwinding its massive bond purchases. Banks have a further repayment window next month.
While this early TLTRO reimbursement is voluntary, the ECB has given banks an incentive to get rid of those loans by taking away a rate subsidy last month. Analysts expect banks to repay around half a trillion euros worth of TLTRO loans at this week's window - the first of several - which would make this the biggest drop in excess liquidity since records began in 2000. MONEY MARKETSThe other area of focus for the ECB will be money markets, in which banks lend to each other for a short time. But Marco Brancolini, a strategist at Nomura, said he did not see "much of an impact" even if banks repaid 600 billion euros. Banks had until Nov. 16 to notify the ECB about their intention to repay TLTRO loans, but the reimbursement will only take place on Nov. 23.
Over the years, he kept noticing something strange: a fuzzy white fungus growing on top of the zombie ant fungus. João Araújo“We realized that there were two different lineages of fungi, novel lineages of fungi, infecting one species of zombie ant fungus in Florida,” said Araújo, the study’s lead author. Checks and balancesThe fungi attacking the zombie ant fungus don’t, in turn, zombify their host, but they do feed on its tissues and appear to cause it harm. One of the new fungi, Niveomyces coronatus, causes the white coating on the zombie ant fungus. João AraújoThese new genera are the first parasites officially described as infecting the zombie ant fungus, but the researchers suspect there could be others out there.
Runaway dollar pauses for breath as bears stalk stocks
  + stars: | 2022-09-27 | by ( Xie Yu | ) www.reuters.com   time to read: +3 min
Pound and U.S. dollar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/IllustrationHONG KONG, Sept 27 (Reuters) - Asian markets attempted to stabilise on Tuesday after a wild few days of stumbling stocks, crumbling bonds, a plunging pound and soaring dollar, with the dollar easing a bit and stocks flat. S&P 500 futures rose 0.7%, and MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.1%. After two weeks of mostly steady losses on the U.S. stock market, the Dow Jones Industrial Average (.DJI) confirmed on Monday that it was in a bear market, tracing its start to declines in early January. The dollar index on Tuesday eased 0.1% to 113.8, after earlier touching 114.58, its strongest against a basket of peer currencies since May 2002.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Italian polls show right-wing coalition to win more than 45% of national voteCNBC's Joumanna Bercetche digests the last polls to be held before Sunday's Italian elections.
London (CNN Business) When the Federal Reserve started hiking interest rates to combat decades-high inflation, Chair Jerome Powell stressed that the central bank could increase borrowing costs without inflicting too much damage on the economy. Breaking it down: The central bank didn't go as hard as some investors thought it might. The Fed's main interest rate is now set between 3% and 3.25%. Plus, many factors pushing up inflation numbers — such as the war in Ukraine and drought conditions — are outside the central bank's control. Central banks have "no choice" but to increase interest rates in an effort to combat inflation, she added.
“We feel the economy is very strong and will be able to withstand tighter monetary policy,” Powell said in March. Breaking it down: The central bank didn’t go as hard as some investors thought it might. Yet tucked into the central bank’s projections were signs that it plans to stay tough, even if it means pushing the economy into rocky territory. The Fed’s main interest rate is now set between 3% and 3.25%. Plus, many factors pushing up inflation numbers — such as the war in Ukraine and drought conditions — are outside the central bank’s control.
S & P 500 2022 earnings: No recession in earnings Q2: +7.6% Q3: +9.0% Q4: +8.6% 2022: +8.8% 2023: +8.3% Source: Refinitiv Earnings are reflecting a slowdown, but not a recession Recessions almost always produce a decline in earnings. Amazon alone is expected to see an earnings decline of 90% this year (it has posted losses for two straight quarters). Consumer Discretionary earnings 2022 April 1: +6.9% Today: +0.7% Source: Refinitiv Communication Services are also seeing a decline in earnings expectations, led by Netflix and Meta (Facebook). Meta alone is expected to see total earnings decline 25% this year. However, other stocks in the sector, such as Walt Disney, are seeing earnings estimates move higher.
There's no fighting it; each of us will die at some point. Without preservation techniques like embalming or mummification, your body slowly begins to decay the second your heart stops beating. It starts small, down at the cellular level. Your cells die, then bacteria, animals, and even the body itself digests your organs and tissues. Here's how the complete, gruesome process plays out:Marianne Ayala/InsiderMarianne Ayala/InsiderMarianne Ayala/InsiderMarianne Ayala/InsiderMarianne Ayala/InsiderMarianne Ayala/InsiderMarianne Ayala/InsiderMarianne Ayala/InsiderMarianne Ayala/InsiderMarianne Ayala/InsiderMarianne Ayala/InsiderMarianne Ayala/InsiderMarianne Ayala/InsiderSkye Gould/Business InsiderSources: Nature, Journal of Criminal Law and Criminology, Microbiology Today, EPEC Participant's Handbook, BMJ, Australian Museum, Decomposition of Human Remains
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