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☆ Wales miss automatic Euro 2024 place after draw with Turkey
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +3 min

CARDIFF, Nov 21 (Reuters) - Wales will have to take their chances in the playoffs for Euro 2024 after the country's automatic qualifying hopes were dashed following a 1-1 draw with Turkey in their final Group D game on Tuesday. Needing to beat Turkey to have a chance of qualifying at the expense of Croatia, who were hosting Armenia, Wales made a dream start as Neco Williams fired them ahead after seven minutes. Hope then ebbed further away when Yusuf Yazici equalised for Turkey from the penalty spot after 70 minutes. "We're disappointed we haven't qualified automatically, but I'm off tomorrow to find out who we've got in the draw for the playoff. Turkey improved in the second half though and were awarded a soft-looking penalty when Wales skipper Ben Davies was harshly-adjudged to have fouled Kenan Yildiz.

Persons: Neco Williams, Hope, ebbed, Yusuf Yazici, Brennan, we'll, Robert Page, We're, haven't, we've, We'll, Williams, Johnson, Ben Davies, Kenan Yildiz, Yazici, I've, Martyn Herman, Ken Ferris Organizations: CARDIFF, Cardiff City, Wales, Croatia, Thomson Locations: Wales, Turkey, Croatia, Armenia, Germany, Ukraine, Finland, Iceland, Poland, Estonia

☆ Omicron, Now 2 Years Old, Is Not Done With Us Yet
▼ + stars: | 2023-11-21 | by ( Carl Zimmer | More About Carl Zimmer | ) www.nytimes.com time to read: +1 min

By November 2021, nearly two years after the coronavirus emerged in Wuhan and spread across the world, the surprises seemed to be over. Researchers in Botswana and South Africa alerted the world that a highly mutated version of the virus had emerged and was spreading fast. Omicron, as the World Health Organization called the variant, swiftly overtook other forms of the virus. In the two years since its emergence, Omicron has proved to be not only staggeringly infectious, but an evolutionary marvel, challenging many assumptions virologists had before the pandemic. “It was almost like there was another pandemic,” said Adam Lauring, a virologist at the University of Michigan.

Persons: virologists, ”, Adam Lauring Organizations: Alpha, World Health Organization, University of Michigan Locations: Wuhan, Botswana, South Africa

☆ US demand for new credit down in 2023, New York Fed survey shows
▼ + stars: | 2023-11-20 | by ( Michael S. Derby | ) www.reuters.com time to read: +2 min

People walk by the Federal Reserve Bank of New York in the financial district of New York City, U.S., June 14, 2023. REUTERS/Shannon Stapleton/File Photo Acquire Licensing RightsNEW YORK, Nov 20 (Reuters) - Demand for new credit in the U.S. over the last year has declined and will likely stay soft in the future, according to a survey released on Monday by the New York Federal Reserve. But even as the overall application rate for new credit declined among those surveyed, interest in applying for more credit card debt rose. The survey said that reading had hit 29% as of October and was 26% for 2023, compared to a 27.2% credit card application rate in 2019. The report noted that expected decline in applications for credit extended to new credit cards, auto loans, mortgages and home refinancing.

Persons: Shannon Stapleton, Michael S, Paul Simao Organizations: Federal Reserve Bank of New, REUTERS, New York Federal Reserve, Fed, Consumer, New York Fed, Thomson Locations: Federal Reserve Bank of New York, New York City, U.S

☆ It's been 2 years since the Nasdaq hit a record and it's gone nowhere since
▼ + stars: | 2023-11-18 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

The loudest investor chatter for months has insisted the heavyweights of the Nasdaq have been everything to the market in 2023. Sunday is the second anniversary of the all-time closing high in both the Nasdaq Composite and Nasdaq 100 indexes, which remain 12% and 4 % underwater even after their monster gains in recent months. It's relatively rare for the Nasdaq 100 – the most easily investable part of the Nasdaq and the one most reflective of the mega-cap dominance – to enter a two-year downturn. Only three of the Big Seven have outperformed the Nasdaq 100 over the past two years – Apple, Nvidia and Microsoft — while Meta Platforms has kept pace and Amazon, Alphabet and Tesla have lagged. Friday showed signs of outright rotation, the Russell 2000 up 1.3% versus a flat Nasdaq 100.

Persons: Invesco, Scott Chronert, we've, I've, –, Chronert, Apple's, What's, Berkshire Hathaway, Tony Pasquariello, Goldman Sachs, Russell, disinflation Organizations: Nasdaq, Sunday, QQQ, Citi, Apple, Nvidia, Microsoft, Meta, Berkshire, Fed Locations: lockstep, Berkshire, Whereto

Israeli Prime Minister Benjamin Netanyahu said at the weekend that the PA in its current form should not take charge of Gaza. In the wake of Netanyahu's comments, Israeli officials have insisted that Israel does not intend to occupy the Gaza Strip. Dahlan has the backing of the influential United Arab Emirates to lead a post-war administration in Gaza, according to diplomats and Arab officials. So far, the U.S. and its allies have not seen any clear roadmap from Israel for its exit strategy from Gaza beyond the declared aim of eradicating Hamas, diplomats say. Not since the U.S. invasion of Iraq in 2003 has there been such widespread concern about military action raging across the Middle East, according to Arab officials and diplomats.

Persons: Israel tightens, Gaza's, Mahmoud Abbas, Fatah, Benjamin Netanyahu, Mohammed Dahlan, Israel, Dahlan, Joe Biden, Netanyahu, Gaza –, –, Abu Mohammad, We're, Biden, Jonathan Panikoff, government's, Biden's, Antony Blinken, Blinken, Abbas –, Abbas, Mohammad Shtayyeh, Abu Dhabi, Marwan Barghouti, Washington, Joost R, John Kirby, Nidal al, Humeyra Pamuk, Matt Spetalnick, Andrew Mills, James Mackenzie, Crispian Balmer, John Irish, Aidan Lewis, Alexander Cornwell, Samia Nakhoul, Daniel Flynn Organizations: Palestinian, Hamas, Israel Defense Forces, REUTERS, Authority, Palestinian Authority, West Bank, United, Israel, U.S, policymaking, Reuters, Atlantic Council, Gaza, Western, Israel ., UAE, North Africa, Crisis, House, Thomson Locations: Gaza, Israel, Gaza Israel, Iraq, Afghanistan, Palestinian, U.S, United States, Washington, Hamas, Abu Dhabi, United Arab Emirates, America, Egypt, Jordan, UAE, Saudi Arabia, Qatar, Tokyo, Oslo, European, technocrats, United Nations, Middle East, Iran, GAZA, Doha, Jerusalem, Paris, Cairo, Dubai

☆ SNB 'will not hesitate' to tighten monetary policy further-chairman
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

Thus, we will not hesitate to tighten monetary policy further if necessary," Jordan said at a central bank conference in Zurich. With inflation rates lower and interest rates higher than they were a year ago, Jordan said it has become considerably more difficult to balance the risk of tightening monetary policy too much against the risk of tightening it too little. "Given the high uncertainty regarding the economic outlook, there is no clearly mapped-out path for monetary policy in the near future," Jordan said. In September the SNB held its policy interest rate unchanged at 1.75%, noting that inflation has ebbed lower in Switzerland, but said a further tightening cannot be ruled out. Reporting by Noele Illien Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Thomas Jordan, Jordan, Noele, Tomasz Janowski Organizations: Swiss National Bank, Thomson Locations: ZURICH, Zurich, Switzerland

☆ South Africa keen to shed choker's tag against powerhouse Australia
▼ + stars: | 2023-11-14 | by ( Amlan Chakraborty | ) www.reuters.com time to read: +3 min

KOLKATA, Nov 14 (Reuters) - South Africa sense an opportunity to finally get rid of the choker's tag but the onerous task entails getting the better of the most successful team in the history of 50-overs World Cup, Australia, in Thursday's semi-final in Kolkata. "Hurt by a combination of bad luck and nerves in the business end of showpiece event, South Africa are pitted against a powerhouse who thrive in those big moments as Australia have demonstrated with five titles. South Africa, who have never progressed beyond the last four, are fretting over the availability of skipper Temba Bavuma, who is nursing a hamstring strain. They have looked more comfortable setting targets than chasing one though, and they will expect more penetration from their bowlers against a resurgent Australia. Regardless of how their group stage campaign ebbed and flowed, it came as no surprise when Australia hurled towards the knockout stages by stringing together seven wins in a row following that defeat by South Africa.

Persons: Quinton de, Temba Bavuma, Aiden Markram, Reeza Hendricks, Travis Head's, Glenn Maxwell's, Mitchell Marsh's, Maxwell, Marcus Stoinis, Pat Cummins, You've, Amlan Chakraborty, Pritha Sarkar Organizations: Bangladesh, Thomson Locations: KOLKATA, Africa, Australia, Thursday's, Kolkata, South Africa, India, Lucknow . South Africa, Kock, Afghanistan, Bangladesh

☆ NY Fed finds softer inflation expectations in October
▼ + stars: | 2023-11-13 | by ( Michael S. Derby | ) www.reuters.com time to read: +3 min

A woman passes by The Federal Reserve Bank of New York in New York City, U.S., March 13, 2023. The relative stability of New York Fed expectations data contrasts with that seen in the University of Michigan Consumer Sentiment Survey. It found in November a rise in year-ahead expected inflation to 4.4% from 4.2% in October, with five-year expected inflation up to 3.2%, from October’s 3%. Over the last year and a half the Fed has aggressively raised rates in a bid to cool high inflation. But it kept alive the prospect of more action should inflation not fall further on the path back to 2%.

Persons: Brendan McDermid, there’s, Jerome Powell, Powell, ”, Michael S, Andrea Ricci Organizations: Federal Reserve Bank of New, REUTERS, Consumer, New, New York Fed, University of Michigan Consumer, University of Michigan, Federal, Committee, Thomson Locations: Federal Reserve Bank of New York, New York City, U.S, September’s, New York, York, October’s

Students from India now outnumber those from China in 24 U.S. states, including Illinois, Texas and Michigan, which rank among the top destinations for international students. For the second consecutive year, America's graduate programs were the main attraction for international students, the study finds. Taken together, those three fields account for more than half of all international students in the United States. The surge nearly brings international numbers back to their pre-pandemic highs, with a peak of almost 1.1 million students in 2018. University leaders say they're important for global exchange, and they're also important for revenue — international students are usually charged higher tuition rates, effectively subsidizing college for U.S. students.

Persons: ”, Allan E, Goodman, Marianne Craven, they're Organizations: WASHINGTON, —, U.S, State Department, Institute of International Education, State, United Nations, Engineering, University, ., National, Associated Press, Carnegie Corporation of New, AP Locations: India, U.S, China, United Kingdom, Canada, Asia, United, Illinois , Texas, Michigan, United States, South Korea, Vietnam, Taiwan, Nigeria, Bangladesh, Colombia, Ghana, Italy, Nepal, Pakistan, Spain, Carnegie Corporation of New York

The discussions at the Dubai International Air Chiefs’ Conference, held ahead of the biennial Dubai Air Show this week, shows the delicate balancing act the federation of seven sheikhdoms faces. The UAE maintains diplomatic ties with Israel despite widespread and growing anger in the Arab world over the civilian casualties from Israel's offensive in the Gaza Strip against Hamas. The Air Chiefs' Conference demonstrates how those ties continue, particularly as Rafael Advanced Defense Systems Ltd., an Israeli defense manufacturer, was a sponsor of the summit. Sunday's summit drew attendees from across the world, though it did not appear there were any Israeli military officials on hand. While staying away from discussing the Israel-Hamas war, U.S. Air Force Brig.

Persons: Israel, Rafael, David A, we're, ” Mineau, ”, Mineau, “, Luca Goretti, Goretti Organizations: United Arab Emirates, Sunday, United, Dubai International Air Chiefs ’ Conference, Dubai Air, Hamas, The Air Chiefs, Conference, Rafael Advanced Defense Systems Ltd, Dubai Air Show, Israel Aerospace Industries, IAI, Health Ministry, Stockholm International Peace Research Institute, Houthi, U.S . Air Force, America, American military's, Command, Italian Air Force Locations: DUBAI, United Arab, United Arab Emirates, UAE, Israel, Gaza, West, Saudi Arabia, Iran, India, Stockholm, Qatar, Saudi, Abu Dhabi, Tehran, Sunday's, Western, China, U.S, NATO, Ukraine

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Brent crude futures for January were flat at $80.01 a barrel at 0157 GMT, while the U.S. West Texas Intermediate (WTI) crude futures for December were at $75.67, down 7 cents. "The conflict remains well contained within Gaza, despite concerns it would escalate as neighbouring Arab nations show their displeasure." The sense supply disruptions from the Israel-Hamas conflict are easing is occurring as concerns around demand, especially from China, the world's largest oil importer, are rising. Additionally, refiners in China, the largest buyer of crude oil from the world's largest exporter Saudi Arabia, asked for less supply from Saudi Arabia for December.

Persons: Angus Mordant, Brent, WTI, Israel, Sudarshan Varadhan, Christian Schmollinger Organizations: REUTERS, Rights, Brent, U.S . West Texas, ANZ Research, Citi, of, Petroleum, Thomson Locations: Loving County , Texas, U.S, Rights SINGAPORE, Israel, Gaza, China, refiners, Saudi Arabia

[1/2] FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. MSCI's gauge of global stock performance (.MIWD00000PUS) shed 0.05%, while the pan-European STOXX 600 index (.STOXX) lost 0.06%. Against a basket of currencies, the dollar index rose 0.332% to 105.61, with the euro down 0.31% to $1.0682. Treasury yields slid, having unwound some of their rally last week after the Fed left rates unchanged following a policy meeting. The two-year's yield, which reflects interest rate expectations, fell 1.3 basis points to 4.928%, while the 10-year slipped 7.5 basis points at 4.587%.

Persons: Toby Melville, Jerome Powell, Neel Kashkari, Austan Goolsbee, Rick Meckler, we've, Michael Hewson, Brent, Tom Wilson, Tom Westbrook, Ankur Banerjee, Lincoln, Kim Coghill, Christina Fincher, Jonathan Oatis Organizations: London Stock Exchange Group, City of, REUTERS, NEW, Federal Reserve, Minneapolis, Chicago, Cherry Lane Investments, Dow Jones, Nasdaq, Reserve Bank of Australia, Treasury, Fed, CMC, Thomson Locations: City, City of London, Britain, China, Saudi Arabia, Russia, Europe, U.S, New Vernon , New Jersey, Asia, Pacific, Japan, London, Singapore

☆ Morning Bid: Stocks clocking best week of the year
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. The U.S. October employment report out later on Friday caps a hectic two weeks of central bank decisions, company updates and unnerving geopolitics. As the first major marker of U.S. economic strength in the final quarter of the year, the payrolls report packs a punch despite expected strike-related distortions. The interest rate relief this week is pervasive, however, as the Fed, ECB and BoE all paused tightening and U.S. Treasury debt sales worries ebbed somewhat. U.S. Treasury (.MOVE) and equity market (.BIX) volatility gauges have subsided to their lowest levels since early last month.

Persons: Brendan McDermid, Mike Dolan, BoE, ebbed, Antony Blinken, Sam Bankman, Fried, Michael Barr, Neel Kashkari, Huw Pill, Emelia Sithole Organizations: New York Stock Exchange, REUTERS, Mike, U.S, Federal Reserve, European Central Bank and Bank of England, Apple, Fed, ECB, Treasury, U.S . Treasury, Labor Department, Eversource Energy, Cardinal Health, Dominion Energy, Gartner, Church, Dwight, AMC, Liberty Media, Icahn Enterprises, Federal, Bank of England, Israel Productivity, Reuters Graphics Reuters, Reuters, Thomson Locations: New York City, U.S, Isreal, Gaza, Gaza City, Canada, Minneapolis, Israel

“The longer-form videos on YouTube are actually in decline year over year,” Mr. Lynch said. Some invested heavily in building in-house studios or bought them, as Vox Media did when it acquired the film and TV producer Epic in 2019. Perhaps the most ambitious of these studios was Condé Nast Entertainment, a prominent division within Condé Nast in charge of developing articles from publications such as The New Yorker, Wired and Vanity Fair — intellectual property, in Hollywood parlance — into major motion pictures and TV shows. “Cat Person,” a film based on a viral New Yorker short story that explores uncomfortable relationship dynamics, premiered at the Sundance Film Festival this year. And online viewership is increasingly shifting to platforms like TikTok and YouTube, where shorter content is king and monetization elusive.

Persons: ” Mr, Lynch, Condé Nast, Dawn Ostroff, Agnes Chu, David Grann, Robert Redford Organizations: YouTube, Hollywood, Vox Media, Condé Nast Entertainment, Yorker, Wired, CW, Spotify, Disney, Sundance, Globe Locations: ”, Condé, Hollywood

☆ Yen languishes as focus turns to Fed
▼ + stars: | 2023-11-01 | by ( ) www.cnbc.com time to read: +3 min

Against the dollar, the yen fell about 1.7% overnight, touching a low of 151.74 — a whisker from the 151.94 level that prompted intervention a year ago. In the U.S. data showed wages and salaries rose solidly last quarter and while consumer confidence ebbed, it fell far less than markets had expected. The euro declined 0.4% on the dollar overnight and nursed losses at $1.0579. China's Caixin PMI data will be in focus later on Wednesday, ahead of U.S. manufacturing and private payrolls figures — before the Fed meeting. U.S. yields rose in early Asia trade, while Japanese yields fell slightly on thin volumes, leaving the spread between benchmark 10-year rates at 398 bps.

Persons: Alan Ruskin, Sterling, James Malcolm, 10bp Organizations: Resona Bank, U.S, Federal Reserve, U.S . Treasury, New Zealand, The Bank of, Deutsche Bank, UBS Locations: Tokyo, Japan, Asia, The, The Bank of Japan, U.S, London

SINGAPORE, Oct 27 (Reuters) - Oil prices rose by over $1 on Friday as reports that the U.S military struck Iranian targets in Syria raised concerns of a widening of the Israel-Hamas conflict that could impact supply from the key Middle East producing region. Though the strike did not directly impact supply, it increases fears that the conflict in the Gaza Strip between Israel, backed by the U.S., and Hamas may spread and disrupt supply from major crude producer Iran, which backs Hamas. A wider war could also impact shipments from Saudi Arabia, the world's largest oil exporter, and other large producers in the Gulf. Both Brent and WTI are on track to post their first weekly drop in three weeks as the geopolitical premium built on these fears has ebbed as there has been no disruption of oil supply outside of the immediate region of the fighting. Israeli forces carried out their biggest Gaza ground attack in their 20-day-old war with Hamas overnight, angering the Arab world.

Persons: Brent, WTI, Kelvin Yew, Benjamin Netanyahu, Helima Croft, Goldman Sachs, Florence Tan, Sam Holmes, Christian Organizations: U.S, Brent, U.S . West Texas Intermediate, Islamic Revolutionary Guard Corps, Pentagon, Ocean, Investments, RBC Capital, Thomson Locations: SINGAPORE, Syria, Israel, U.S, Iraq, Gaza, Iran, Saudi Arabia, United States, Hormuz, Russia

☆ U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected
▼ + stars: | 2023-10-26 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

Economists surveyed by Dow Jones had been looking for a 4.7% acceleration in GDP, which also is adjusted for inflation. The sharp increase came due to contributions from consumer spending, increased inventories, exports, residential investment and government spending. Consumer spending, as measured by personal consumption expenditures, increased 4% for the quarter after rising just 0.8% in Q2, and was responsible for 2.7 percentage points of the total GDP increase. The GDP increase marked the biggest gain since the fourth quarter of 2021. At a time when many economists had thought the U.S. would be in the midst of at least a shallow recession, growth has kept pace due to consumer spending that has exceeded all expectations.

Persons: Dow Jones, Gross, Michael Arone, Jeffrey Roach, Arone, Price, Matthew Ryan Organizations: Gross, Commerce Department, Treasury, SPDR, State Street Global Advisors, Federal Reserve, Group, LPL, Labor Department, Federal, Hamas, CNBC Locations: U.S, Israel, Ukraine

Political Cartoons View All 1211 ImagesThe disdain for Congress is just one area where Americans say they are losing faith. Various polls say the negative feelings include a loss of confidence or interest in institutions such as organized religion, policing, the Supreme Court, even banking. “Trust in institutions has deteriorated substantially,” said Kay Schlozman, professor of political science at Boston College. Just 3% have a great deal of confidence in Congress, virtually unchanged from March. The polling reinforces that Democrats are more likely than Republicans to say their confidence in the Supreme Court is low.

Persons: —, They’re, ”, Christopher Lauff, Joe Biden, “ We’re, Lauff, Kay Schlozman, Schlozman, Democratic Sen, Robert Menendez, Kevin McCarthy, Democrat Joe Biden —, Donald Trump, Rick Cartelli, Cartelli, Biden, “, Robert F, Kennedy, Kathleen Kersey, Brian Kemp, there’s, Ronald Reagan's, ” David Bateman, Barack Obama’s, Bateman, Trump, Chris Wray, ” Bateman Organizations: WASHINGTON, U.S ., “, Boston College, Democratic, Robert Menendez of New, Republicans, Associated Press, NORC, for Public Affairs Research, Democrat, Justice Department, AP, Kennedy Human Rights, Republican, Trust, Pentagon, Cornell University, Gallup, FBI, Trump Locations: U.S, Fargo , North Dakota, Ukraine, —, Robert Menendez of, Robert Menendez of New Jersey, That’s, Rocky Hill , Connecticut, Brunswick , Georgia

If U.S. and Chinese growth holds up, the investment landscape will need to be redrawn too. Reuters Image Acquire Licensing RightsBut what if peak bond bearishness is already upon us? As Societe Generale's Albert Edwards points out, once the quarterly deflator is factored in, nominal GDP growth in the third quarter was actually only 3.5%. Reuters Image Acquire Licensing RightsEqually, U.S. stocks look expensive if high yields start to choke the economy. Reuters Image Acquire Licensing Rights(The opinions expressed here are those of the author, a columnist for Reuters.)

Persons: Florence Lo, Societe Generale's Albert Edwards, Chris Iggo, Jamie McGeever, Chizu Organizations: REUTERS, Rights, Societe Generale's, World Bank, International Monetary Fund, of America's, HSBC, Reuters, AXA Investment, Bank of America's, Thomson Locations: Rights ORLANDO , Florida, United States, China, Atlanta, Beijing, Europe, U.S, Bank

☆ After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard
▼ + stars: | 2023-10-20 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

Public gaming companies currently hold cash and cash equivalents of $45.1 billion, according to a report from venture capital firm Konvoy. Publicly listed gaming companies had a fairly rosy year in 2023, on the whole. The VanEck Video Gaming and eSports ETF , which seeks to track MVIS Global Video Gaming & eSports Index, has climbed 20% in the year to date, according to Konvoy. Total venture funding into the video games industry in the third quarter of 2023 fell 9% quarter-over-quarter, to $454 million. That was when pandemic lockdowns were in full swing, and people had more time to spend playing video games indoors.

Persons: China's NetEase, hasn't, China's Tencent, Josh Chapman, Redmond, Chapman, Candy Crush, Konvoy's Chapman Organizations: Chesno Publicly, CNBC, Activision Blizzard, Electronic Arts, Nintendo, Bandai Namco, Public, Gaming, Esports, Big Tech, Microsoft, Google, Apple, Meta, Netflix, Sony, Activision, U.S, U.K, Markets Authority, Duty, Bandai Namco Entertainment Locations: Konvoy, Washington

☆ Morning Bid: MidEast tension keeps markets on edge
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +4 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsAlthough price moves remain contained in the absence of a dramatic weekend escalation, world markets are still on edge as Middle East tension builds without obvious resolution. Disputed reports of a temporary ceasefire in southern Gaza partly stabilised jittery macro prices first thing on Monday. Yet the extent to which the backup in oil prices over recent months can impact wider economic sentiment was clear from the University of Michigan's household survey on Friday. That appeared to be the case last week as oil prices, gold, the dollar and Treasuries gained into the close while stocks fell back.

Persons: Brendan McDermid, Israel, Treasuries, Goldman Sachs, Morgan Stanley, Jerome Powell, Poland's, Patrick Harker, Christine Lagarde, Fabio Panetta, Mike Dolan, Ed Osmond Organizations: New York Stock Exchange, REUTERS, University of Michigan's, U.S, Treasury, Wall, JPMorgan, Citigroup, Bank of America, Netflix, Federal Reserve, European Union ., York Fed, Bank of Canada, Philadelphia Federal, European Central Bank, ECB, Global, Thomson, Reuters Locations: New York City, U.S, Gaza, Wells Fargo, Luxembourg, LSEG, CHINA

Violent crime dropped 1.7%, and that included a 6.1% decrease in murder and non-negligent manslaughter. Political Cartoons View All 1211 Images“By and large what we’re seeing is simply a return to something approaching normal after the big changes associated with the pandemic,” Rosenfeld said. Last year's FBI report arrived with major caveats since nearly two-fifths of all policing agencies failed to participate, including big cities like New York, Los Angeles and Miami. The overhaul will eventually make crime data more modern and detailed, federal officials said, but the switchover can be complicated for police departments. Violent crime overall remains far lower than the historic highs of the 1990s.

Persons: Richard Rosenfeld, Louis, ” Rosenfeld, Rachael Eisenberg, Rosenfeld Organizations: LOUIS, FBI, U.S, University of Missouri, Washington, D.C, American, Criminal Locations: New York, Los Angeles, Miami

☆ An American Puzzle: Fitting Race in a Box
▼ + stars: | 2023-10-16 | by ( K.K. Rebecca Lai | Jennifer Medina | ) www.nytimes.com time to read: +18 min

1790 1850 1890 1950An American Puzzle: Fitting Race in a Box Census categories for race and ethnicity have shaped how the nation sees itself. Ever since the census began measuring the U.S. population, race has been central to the counting. Closer look at one of the pages from the 1790 census, with the race categories circled in red. Historically, some edits to census race boxes reflected changes in policy or public sentiment. 1790 census All other free persons Free white males Free white females Slaves All other free persons Free white females Free white males Slaves All other free persons Free white males Free white females Slaves Source: 1790 United States Federal Census: New YorkThe census counted each enslaved worker as three-fifths of a person, reflecting a compromise that granted enslavers more political representation.

Persons: —, Biden, ”, Roberto Ramirez, Mark X, Barack Obama, Naomi Mezey, enslavers, “, Ms, Mezey, Jeffrey S, Evan Shepard Organizations: U.S, Community, U.S . Census, Georgetown University, United, . Census, Census Bureau, Pacific Islanders, Puerto Ricans, Geographic, Pew Research Center, Latinos, Saudi Arabian, Biden administration’s, Management, Budget, Advocacy Foundation Locations: United States, America, China, Puerto Rican, U.S, Spanish, Kansas, Kenya, York, American, “, Alaska, Massachusetts, Japan, Korea, Asia, Hawaii, Mexico, Panama, Chile, Mexican, Southwest, Puerto, Northeast, Florida, Eastern, Algerian, Kurdish, Kuwaiti, Lebanese, Moroccan, North, Palestinian, Saudi, Somali, Sudanese, Syrian

☆ New Zealand election: Voters goes to the polls in a narrow race
▼ + stars: | 2023-10-13 | by ( Helen Regan | ) edition.cnn.com time to read: +7 min

New Zealand Prime Minister Chris Hipkins at Parliament on July 26, in Wellington, New Zealand. New Zealand National Party leader Christopher Luxon speaks during a National Party campaign rally on October 10 in Wellington, New Zealand. Before becoming prime minister, he was minister of education, minister of police, minister for the public service, and leader of the house. Hipkins’ main contender Luxon is a businessman and former CEO of Air New Zealand who became leader of the National Party in 2021. Voters get two votes on the ballot: one for a candidate in their local constituency and one for the party.

Persons: Jacinda Ardern, Christopher Luxon, Chris Hipkins, Winston Peters, Ardern, Hagen Hopkins, demagogues, Hipkins, Sophia Ha, ” Ha, “, ” Alex Wareham, ”, It’s, Wareham, Luxon Organizations: CNN, National Party, Labour Party, Radio NZ, NZ, Labour, Zealand, New Zealand National Party, Getty, Air New Locations: Zealand, New Zealand, Hipkins ., Wellington , New Zealand, Christchurch, Wellington, Auckland, Sydney, United States, United Kingdom, Covid, Air New Zealand, New

☆ 'Kindness costs nothing', says Australian PM in final plea ahead of Indigenous referendum
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +3 min

SYDNEY, Oct 13 (Reuters) - Australia Prime Minister Anthony Albanese made a final plea to vote in favour of recognising Indigenous people in the constitution in a referendum on Saturday, as opinion polls show the vote is set to fail. The latest opinion poll released on Thursday predicted the 'No' camp sweeping the polls with a lead of 56% over the 'Yes' vote that's at 38%, with some 6% undecided. In 1967 a referendum to count Indigenous people as part of the Australian population was a resounding success as it secured bipartisan political support. The 2023 referendum has not garnered united political support, with leaders of the major conservative parties campaigning for a 'No' vote. Supporters argue the Voice will bring progress for Indigenous Australians, while some opponents say enshrining one group in the constitution would be divisive.

Persons: Anthony Albanese, Albanese, haven’t, Noel Pearson, Praveen Menon, Michael Perry Organizations: SYDNEY, Australia, Aboriginal, REUTERS, Indigenous, Thomson Locations: Torres, Adelaide, Todd, Alice Springs, Australia

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