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☆ MLB roundup: Nats rally with six-run ninth to edge A's
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +11 min

Marlins 8, Yankees 7Jake Burger hit a game-ending single with one out in the ninth inning as Miami rallied for a victory over visiting New York. The Marlins got their eighth walk-off win by rallying for five runs in the ninth against Clay Holmes (4-3) and Tommy Kahnle. Doval (4-3), who was docked with his fourth blown save in the ninth, was credited with the win. Patrick Wisdom hit a two-run home run for the Cubs, who won the first two games of the three-game series. Elvis Andrus added a two-run single to account for the final margin.

Persons: Jeter Downs, Geoff Burke, Jeter, Oakland's Trevor May, Kirby Snead, Dominic Smith, Nick Allen's, Zack Gelof, Seth Brown, Joe La Sorsa, Jake Burger, Clay Holmes, Tommy Kahnle, Holmes, Josh Bell, Bell, Luis Arraez, Anthony Volpe, Ben Rortvedt, Cedric Mullins, Nick Vespi, Shintaro Fujinami, Seattle's Trent Thornton, Dominic Canzone's, Mullins, Ty France, Patrick Bailey, Bruce Bochy, Camilo Doval balk, Will Smith, Wilmer Flores, Bailey, Julio Urias, Miguel Rojas, Mookie Betts, Alan Trejo, Kyle Freeland, Freeland, Varsho, Vladimir Guerrero Jr, Whit Merrifield, Hyun Jin Ryu, Patrick Wisdom, Jameson Taillon, Chase Silseth, Shohei Ohtani, Ohtani, Parker, Jose Urquidy, Adam Duvall, Trevor Story, Justin Turner, Duvall, Turner, Akil Baddoo, Sonny Gray, Gray, Jordan Luplow, Jorge Polanco, Polanco's, Jhoan Duran, Ranger Suarez, Jared Triolo's, Alika Williams, Mitch Keller, Angel Perdomo, David Bednar, Matt McLain, Christian Encarnacion, Strand, Brandon Williamson, Alex Young, Stuart Fairchild's forceout, Tyler Stephenson, Stephenson, Osvaldo Bido, TJ Hopkins, Elly De La Cruz, Alexis Diaz, Daniel Duarte, Bryan Reynolds, Liover Peguero, Andres Gimenez, Oscar Gonzalez, Tanner Bibee, Gabriel Arias, Zach Eflin, Osleivis Basabe, Yandy, Freddy Peralta, Carlos Santana, Peralta, Carlos Perez, Elvis Andrus, Andrew Vaughn, Lourdes Gurriel Jr, Alek Thomas, Kyle Nelson, Paul Sewald, Kodai Senga, Rafael Ortega, Sean Murphy, Matt Olson, Adam Ottavino, Yonny Organizations: District of Columbia, Washington Nationals, Oakland Athletics, Nationals, USA, Athletics, Oakland, Marlins, Yankees, Miami, Orioles, Mariners, Baltimore, Seattle, Giants, Rangers, San, Dodgers, Rockies, Angeles, Blue Jays, Cubs, Toronto, Chicago, Astros, American League, Houston, Sox, Tigers, Boston, Red Sox, Phillies, Minnesota, Philadelphia, Twins, Pirates, Reds, Pittsburgh, Cincinnati, Fairchild's, Rays, Tampa, Guardians, Brewers, White Sox, Milwaukee, The Brewers, National League Central, Diamondbacks, Padres, San Diego, Atlanta Braves, Mets, Braves, New, Atlanta, Thomson Locations: Washington, District, USA, Oakland's, New York, San Francisco, Texas, Colorado, Los Angeles, Detroit, Philadelphia, Cleveland, St . Petersburg, Fla, Arizona, San, Phoenix . Arizona, Diego

☆ I tried Upwork and Fiverr to find gigs as a freelance copywriter but gave them up. Here's how I built a personal network for finding clients instead.
▼ + stars: | 2023-08-14 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +4 min

Gina Buckle started freelance copywriting in 2022 after quitting her job as a content executive. This as-told-to essay is based on a transcribed conversation with Gina Buckle, a 25-year-old from Leeds, England, about her freelance copywriting business. Then I was approached through Instagram by a copywriting agency and started to do some freelance work for them. I also created priced packages for popular jobs, such as writing blog posts and social-media posts two months ago. I first started charging £50 per blog piece and £5 per social-media caption, to £600 for five blog posts and £170 for five social-media posts a week.

Persons: Gina Buckle, I'd, we're, I've, I'm Organizations: LinkedIn, Affinity Locations: Leeds, England, copywriting, Instagram

“Tell us about an aspect of your identity or a life experience that has shaped you.”— Johns Hopkins UniversityFor college applicants, this is the year of the identity-driven essay, the one part of the admissions process in which it is still explicitly legal to discuss race after the Supreme Court banned affirmative action in June. A review of the essay prompts used this year by more than two dozen highly selective colleges reveals that schools are using words and phrases like “identity” and “life experience,” and are probing aspects of a student’s upbringing and background that have, in the words of a Harvard prompt, “shaped who you are.”That’s a big change from last year, when the questions were a little dutiful, a little humdrum — asking about books read, summers spent, volunteering done. But even if candidates can — or feel compelled to — open up, colleges face potential legal challenges. The Supreme Court warned that a candidate’s race may be invoked only in the context of the applicant’s life story, and colleges have consulted with lawyers to determine the line between an acceptable essay prompt and an unconstitutional one.

Persons: ” — Organizations: ” — Johns Hopkins University

☆ Spain reaches Women's World Cup final for the first time with a stunning win over Sweden
▼ + stars: | 2023-08-14 | by ( Aimee Lewis | ) edition.cnn.com time to read: +5 min

CNN —Spain created more history at the Women’s World Cup, shocking favorite Sweden to reach the final for the first time thanks to a dramatic 2-1 win in Auckland, New Zealand. Competing at just its third World Cup, Spain is now within a game of winning the sport’s biggest prize having never before progressed beyond the round of 16. Sweden may have had the pedigree – only the US has appeared in more World Cup semifinals – but Spain had the creativity and the stardust. “To the final!” Spain’s Prime Minister, Pedro Sánchez, wrote on X, formerly known as Twitter, while Spain’s men’s World Cup winner Andrés Iniesta called the players “giants.”Hollywood actor Antonio Banderas wrote on social media: “Bravo!!! With the opening goal, Paralluelo – who had scored the extra-time winner against the Netherlands in the quarterfinals – became the second-youngest player to score in a Women’s World Cup semifinal and also sparked a dull contest into life.

Persons: Salma Paralluelo, Rebecka, Olga Carmona, Paralluelo, we’ve, “ We’ve, La Roja, Hagen Hopkins, “, Pedro Sánchez, Spain’s, Andrés Iniesta, Antonio Banderas, Phil Walter, Jorge Vilda, Vilda, Ballon d’Or, Alexia Putellas, Putellas, Carmona, Aitana Bonmati, wasn’t, Alba, Fridolina Rolfö, Cata Coll, Paralluelo –, –, Blomqvist’s, de grâce Organizations: CNN, La, Sweden, Getty, Twitter, Spanish, Alba Redondo Locations: Spain, Sweden, Auckland , New Zealand, Australia, England, Sunday’s, Netherlands

Since CPI inflation tends to be faster than the PCE measures that the Fed uses to set its inflation target, that means one important area of policymaker focus may have dipped below target already. But the pace of increase pales against the double-digit gains in 2021, and the inflation rate for rental housing has also slowed. A recent study by San Francisco Fed economists, using real-time housing and rent data from companies like Zillow, projected "a sharp turnaround in shelter inflation" through late next year. Two versions of the San Francisco estimates show shelter inflation hitting 0% next year, well below the 3%-to-4% range that Meyer said could help the Fed traverse its last inflation mile more quickly. Other aspects of the economy may also be snapping into place, a possible late-arriving validation of the Fed's initial expectation that rising inflation in 2021 would prove "transitory."

Persons: Brent Meyer, Meyer, Quincy Krosby, they've, Christopher Waller, Howard Schneider, Dan Burns, Paul Simao Organizations: Federal Reserve, Reuters Graphics Reuters, Atlanta Fed's, Fed, CPI, San Francisco Fed, LPL, Richmond Fed, Reuters, Thomson Locations: U.S, San Francisco

☆ He Was a Scientist. Could He Find a Drug to Treat His Own Disease?
▼ + stars: | 2023-08-13 | by ( Jared S. Hopkins | Photographs Hannah Beier For The Wall Street Journal | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/he-was-a-scientist-could-he-find-a-drug-to-treat-his-own-disease-c6839236

Persons: Dow Jones

☆ An American Airlines passenger paid for 3 seats to fly with his beloved Great Dane dog from LA to New York
▼ + stars: | 2023-08-12 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +2 min

Gabriel Bogner, a startup founder, took his pet Great Dane on a flight from LA to New York. He said passengers were "gobsmacked" at the sight of Darwin on the flight, per The New York Post. A startup founder surprised passengers when he boarded an American Airlines flight from Los Angeles to New York with his Great Dane dog, the New York Post reported. Gabriel Bogner paid for a row of seats on the flight for himself and his dog, Darwin, the outlet reported. He took the 140-pound Great Dane on the flight when he moved from LA to Brooklyn after he said she was deemed too big to fit into the airline's cargo crate, per the outlet.

Persons: Gabriel Bogner, Great Dane, Dane, that's, Darwin, I've, Bogner, they'd Organizations: New York, American Airlines, New York Post, South West News Service, Post Locations: LA, New York, Darwin, Los Angeles, Brooklyn

☆ Ukraine banks on vintage Soviet rocket launchers to support the counteroffensive against Putin's invasion, report says
▼ + stars: | 2023-08-12 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +3 min

Ukrainian troops are using a Soviet-era rocket launcher, the BM-21 Grad, to hit Putin's forces. The BM-21 Grad, which was first developed in 1963, is one of many Soviet weapons that make up two-thirds of Ukraine's artillery arsenal, the outlet said. He said although it often breaks down, the BM-21 Grad can fire many rockets over a short period, per the outlet. Operators within the 60th brigade told the Journal that they had few Western-donated weapons, and would like a HIMARS. At the start of the war, Ukraine held 260 BM-21 Grads, compared with Russia's 500, according to Janes, via the outlet.

Persons: Sunsil Nair, Diego Herrera Carcedo, Volodymyr Sukhilov, Janes Organizations: Street Journal, Service, Russia, Wall Street Journal, BMI, Janes, Rights Watch, Anadolu Agency, Getty, Brigade Locations: Ukrainian, Wall, Silicon, Ukraine, Donetsk Oblast, Russian

A billboard at the main entrance to the city of Kupiansk illustrates the tenuous nature of Ukrainian control in a region that has become one of the most active parts of the 750-mile front line in the war. “Kupiansk is Ukraine!! !” it proclaims to anyone entering the city. The other side of the sign, visible to those in the city center, hints at why the first proclamation is so urgent. It shows an armed soldier standing in front of a helicopter, along with a phone number and a question: “Do you have information about traitors to Ukraine?”At the outset of the war, Kupiansk, only 25 miles from the Russian border, fell to Moscow’s forces without a fight and remained under occupation for six months before being retaken in a lightning Ukrainian thrust in the Kharkiv region in the country’s northeast in September.

Persons: Kupiansk Organizations: ” Locations: Kupiansk, Ukraine, Russian, Kharkiv

Persons: Dow Jones

The Consumer Price Index rose at a 3.2% annual rate in July, which was a slight increase over June's 3% reading. Typically, that would be associated with a jump in unemployment as businesses and consumers scale back. Yet the unemployment rate has remained below 4% -- low for the U.S. -- since February 2022, and stood at 3.5% as of last month. Others feel the economy remains slow to adjust to higher interest rates, and that the unemployment rate will ultimately rise before the Fed finishes its inflation fight. The current Fed "has been uniquely successful thus far in lowering inflation while leaving the unemployment rate at its lowest levels in roughly half a century," they wrote, with the potential that policy tightening so far "may bring about further declines in inflation without a dramatic rise in the unemployment rate.

Persons: Bryan Woolston, Pierre, Daniel Sarte, Paul Ashworth, Ashworth, Mary Daly, Howard Schneider, Andrea Ricci, Christina Fincher, Jonathan Oatis Organizations: Kentucky, Center, REUTERS, Bryan Woolston WASHINGTON, . Federal Reserve, Richmond Fed, Reuters Graphics Reuters, Fed, Graphics, North, Capital Economics, Traders, San Francisco Fed, Yahoo Finance, U.S, Thomson Locations: Frankfort , Kentucky, U.S, North America

☆ China's attendance at Saudi peace talks is 'bad news' for Putin — but Xi Jinping is still 'well served' by his friendship with Russia, expert says
▼ + stars: | 2023-08-10 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Chinese diplomats attended Ukraine peace talks in Saudi Arabia, signaling a possible rift with Russia. While China's attendance is notable, the country is still benefiting from its relationship with Russia. Chinese leader Xi Jinping wants to be seen as an international stakeholder, an expert said. Participants in the talks, however, saw China's presence as a major win for Ukraine, the Financial Times reported. "So Xi wants to be seen as a responsible stakeholder — even as he rattles his saber towards Taiwan," Miles said.

Persons: Xi Jinping, Russia's, —, Putin, Simon Miles, Vladimir Putin, China's, Wang Yi, Sergei Lavrov, Miles, Xi, Ukraine's, Sergey Radchenko Organizations: Service, Privacy, China, Ukraine, Financial Times, Duke University's Sanford School of Public, Soviet Union, Russian, CNN, Kremlin, Johns Hopkins University, The New York Times Locations: Ukraine, Saudi Arabia, Russia, Wall, Silicon, China, Moscow, Saudi, Soviet, Siberia, Taiwan, South China, Beijing

☆ US Special Operations Command is working on a new mini-sub to carry SEALs to their targets in style
▼ + stars: | 2023-08-10 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +7 min

The Dry Combat Submersible would shield SEALs from the sea, unlike other delivery vehicles. US Navy/Chief Photographer's Mate Andrew McKaskleThe battery-powered Dry Combat Submersible is about 40 feet long and weighs a little over 28 tons. But perhaps the biggest difference is that the Dry Combat Submersible keeps frogmen dry, unlike the SEALs' other submersibles, which are open to the sea. US Navy/Chief Journalist Dave FliesenUS special-operations leaders have big ambitions for the Dry Combat Submersible and their other mini-subs. The Mark 11 is meant to carry small teams of Navy SEALs into an enemy harbors and shores without detection.

Persons: Lockheed Martin, SOCOM, Photographer's, Andrew McKaskle, Gregg Bauer, John Parker, Bauer, Dave Fliesen, Christopher Perez The, Mark, Stavros Atlamazoglou Organizations: Operations Command, Lockheed, Service, US Navy SEALs, Special Operations Command, US Navy, Navy, DCS, Naval, Warfare Command, Navy SEALs, Warfare, Special Boat Service, US State Department, Hellenic Army, 575th Marine Battalion, Army, Johns Hopkins University, Johns Hopkins, School, International Locations: Wall, Silicon, Russia, China, Ukraine, Philadelphia, Georgia, Naples, Italy, Sutton, Dallas, Norfolk, Pearl, Christopher Perez The British, British, Johns

☆ Investors are 'sleepwalking' into market turmoil and a recession early next year, top economist Steve Hanke warns
▼ + stars: | 2023-08-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Investors are ignoring the risks of market turmoil and a recession in early 2024, Steve Hanke warns. The full impact of the decline in US money supply hasn't been felt yet, he says. Hanke is worried about the federal debt, but doesn't see BRICS nations threatening dollar dominance. "I'm saying, 'No, we haven't seen the decline in the money supply hit the real economy yet,'" Hanke continued. "Money is a fuel that runs the economy, and we had a huge buildup of excess fuel," Hanke said.

Persons: Steve Hanke, hasn't, Hanke, Johns Hopkins, We're, Ronald Reagan Organizations: Service, Johns, Stansberry Research Locations: Wall, Silicon

☆ As few as 4,000 steps a day can reduce your risk of death, but more is better
▼ + stars: | 2023-08-08 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +5 min

CNN —Walking a minimum of 4,000 steps a day significantly reduces your risk of an early death, while taking 2,337 steps a day will reduce your risk of death specifically from cardiovascular disease but “more is better,” according to a new meta-analysis of studies. Anything below 5,000 steps a day is considered a “sedentary lifestyle,” according to the study. While approximately 4,000 steps a day was associated with a “significant” reduction in the risk of an early death, the biggest impact on risk occurred when people walked more than 7,000 steps a day, with the most benefit occurring at about 20,000 steps, the study found. Start early and keep it upAdults 60 and older who walked between 6,000 and 10,000 steps a day saw a 42% reduction in risk of early death, while people under 60 who walked between 7,000 and 13,000 steps a day had a 49% reduction in risk, he said. The difference is likely explained by the formula, “the earlier, the better,” Banach said.

Persons: Maciej Banach, David Katz, ”, Katz, “, Banach, Dr Ibadete Bytyçi, ” Banach, Andrew Freeman, Freeman, ‘, ‘ Don’t, ’ Organizations: CNN, European Society of Cardiology, Johns Hopkins University School of Medicine, True Health Initiative, European, Preventive Cardiology, University Clinical, Jewish Health, CNN’s Locations: Baltimore , Maryland, Australia, Japan, Norway, Spain, United Kingdom, United States, Kosovo, Pristina, Denver , Colorado

☆ Drug Shortages Are a Boon to One Industry: Compounding Pharmacies
▼ + stars: | 2023-08-07 | by ( Jared S. Hopkins | Liz Essley Whyte | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/drug-shortages-compounding-pharmacies-medicine-bae67d98

Persons: Dow Jones

☆ One-size-fits-all blood pressure cuffs ‘strikingly inaccurate,’ study says
▼ + stars: | 2023-08-07 | by ( Giri Viswanathan | ) edition.cnn.com time to read: +8 min

But after a second check from the blood pressure machine, and taking his own blood pressure at home, it had returned to much more acceptable levels. At the hospital, his first blood pressure cuff had been too small, and it was changed only at his request. Now, a new clinical trial highlights how much an improperly sized blood pressure cuff can distort blood pressure readings taken by automated blood pressure devices. But frequently, only regular-sized cuffs are used to take someone’s blood pressure, even though clinical guidelines recommend using cuffs suited for a person’s arm circumference. Either way, experts say, a one-size-fits-all approach can skew blood pressure readings, interfering with core metrics that doctors use to monitor and treat heart conditions.

Persons: Georges Benjamin, Benjamin, ”, “, Benjamin said, Tammy Brady, ” Brady, Brady, Dr, Sanjay Gupta Organizations: CNN, American Public Health Association, Johns Hopkins University, Get CNN, CNN Health Locations: Baltimore

☆ Pfizer’s Covid Boost Crashes to Earth
▼ + stars: | 2023-08-06 | by ( Jared S. Hopkins | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ I've made $800,000 in sales this year selling products on Amazon — and I only work up to 10 hours a week doing it
▼ + stars: | 2023-08-05 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +5 min

Ben Alistor started selling tanning mitts on Amazon FBA as a side hustle with his partner. I started my business selling products on Amazon FBA, or Fulfillment by Amazon, where people can sell items on the platform, but where Amazon handles the shipping, in June 2018. I tested out a few different price pointsSelling on Amazon FBA is a fine balance between running out of stock and not selling enough products. But we kept ordering some products, such as some toys, for four years because they kept selling. I work around 50 hours a week in total, but I've now streamlined my Amazon business so I work around 10 hours a week on it.

Persons: Ben Alistor, There's, —, We've Organizations: Amazon, Amazon FBA Locations: London, England, China

☆ A Love Letter to Hip-Hop
▼ + stars: | 2023-08-05 | by ( Veronica Chambers | More About Veronica Chambers | ) www.nytimes.com time to read: +1 min

This article is also a weekly newsletter. To celebrate hip-hop’s birthday, the Projects and Collaborations team asked Mahogany L. Browne, Lincoln Center’s first-ever poet-in-residence and an acclaimed author, to write a love letter to the genre, composed entirely of lyrics both oft recited and obscure. In the resulting interactive piece, which is full of stunning archival photography, we’ve annotated the lyrics with information about the artists, songs and their significance in the history of hip-hop. “Each of the audio clips represents a voice, a feeling, a moment in the 50-year evolution of the music. “From the start we knew the conceit was to use lyrics and this found poetry structure, but how does that look on the page?” Fang said.

Persons: Mahogany, Browne, Lincoln Center’s, Browne “, ” Marcelle Hopkins, Alice Fang, Antonio de Luca, ” Fang, Fang, de Luca

☆ Many Americans think NASA returning to the moon is a waste of time and it should prioritize asteroid hunting instead, a poll shows
▼ + stars: | 2023-08-04 | by ( Mariel Borowitz | Teasel Muir-Harmony | The Conversation | ) www.businessinsider.com time to read: +10 min

A new report from the Pew Research Center shows most Americans support NASA but not a moon mission. But the specific priorities of the US space program have often been at odds with public opinion. Although somewhat at odds with the national space agenda, this valuation is not new. In addition, the United Nations' open-ended working group on reducing space threats has been meeting since 2022 to help avoid conflict in space. Countries have been working within the United Nations to develop and implement guidelines for the long-term sustainability of outer space activities.

Persons: LOREN ELLIOTT, Johns Hopkins, Jon Emmerich, Elon Musk, Ryan Saunders, Codie Trimble Organizations: Pew Research Center, NASA, Service, Getty Images, Artemis, Pew, SpaceX, AP, Virgin Galactic, . Air Force, 625th Strategic Communications Squadron, Vandenberg Space Force Base, Intercontinental Ballistic Missile, US Air Force, Staff, ViaSat, United Nations, Space Agency Space Locations: Wall, Silicon, United States, AFP, States, Europe, Japan, Canada, China, Russia, Ukraine War, Ukrainian, Ukraine, United

☆ Opinion | The Unsettled Debate at the Heart of the Henrietta Lacks Case
▼ + stars: | 2023-08-04 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

To an ordinary person, the answer is obviously yes. Lacks, a Black mother of five, was dying of cervical cancer in 1951 when doctors at Johns Hopkins Hospital in Baltimore biopsied tissues from her cervix. Whatever the case, cells from the research sample were later found to be highly valuable because they were the first that could divide indefinitely in a laboratory. And cells are “de-identified,” unlike Lacks’s cells, which are named HeLa to this day. What’s still debated is whether people have a legitimate ownership claim in the first place.

Persons: it’s, Henrietta Lacks, HeLa, What’s Organizations: Johns Hopkins Hospital Locations: Baltimore

HONG KONG, Aug 3 (Reuters Breakingviews) - South Korea’s dealmaking skeletons are back to haunt. Paul Singer's Elliott opposed a $9 billion union eight years ago of Samsung C&T (028260.KS) and Chiel Industries. South Korea’s successful prosecution of Lee, Park and a former minister that oversaw NPS, provided cause for Elliott to demand payback. Elliott sued in 2018 and the Permanent Court of Arbitration in the Hague in June awarded the U.S. fund over $100 million. Far from being the end of it though, President Yoon Suk Yeol’s government is contesting that award in a British arbitration court.

Persons: Samsung's Lee, Paul Singer's Elliott, Elliott, Jay Y, Lee, Park Geun, Yoon Suk, Hague, Yoon, Taiwan's TSMC, Una Galani, Thomas Shum Organizations: Reuters, Korea Inc, Samsung, Chiel Industries, National Pension Service, NPS, U.S ., Korea, Trade, Global, Samsung Electronics, Apple, Tokyo, Korea's Ministry, Justice, Elliott Investment, Thomson Locations: HONG KONG, U.S, Hague, Seoul, Korea, China, Beijing, Washington, Taiwan, Japan, South Korea, United States

☆ VIEW Bank of England raises rates for a 14th time
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +7 min

The BoE raised interest rates by 25 basis points to 5.25% and said high inflation meant it was unlikely to stop raising rates any time soon. However, with Thursday's decision, traders began to price in a lower peak in UK rates. MONEY MARKETS: Interest-rate derivatives showed traders believe UK rates will peak around 5.67% by March, compared with an expected peak of 5.73% in the run-up to the decision. Rising interest rates means higher borrowing costs, which will lead to larger monthly mortgage payments for many homeowners." The Bank of England remains committed to bringing inflation down, unfortunately raising interest rates is one of the only tools the Bank can use to sap demand out of the economy."

Persons: BoE, Sterling, VIVEK PAUL, we’ll, STUART COLE, JEREMY BATSTONE, CARR, RAYMOND JAMES, MARCUS BROOKES, ” SEEMA SHAH, Rishi Sunak, GILES COGHLAN, THOMAS PUGH, JOHN LEIPER, Amanda Cooper, Samuel Indyk Organizations: Bank of England, FTSE, BLACKROCK, LONDON, TOM HOPKINS, Bank of, RSM, Bank, EMEA, Thomson Locations: LONDON, EUROPEAN, U.S

☆ China's sprawling spy agencies are designed to root out the 'five poisons' at home and abroad, British intelligence says
▼ + stars: | 2023-08-03 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +8 min

Yin Gang/Xinhua via Getty) (Xinhua/Xinhua via Getty ImagesIn a recent report to parliament, the British intelligence services detailed the operations and goals of the Chinese intelligence services. The Chinese intelligence services are also collecting information on the Chinese democracy movement at home and abroad — including in the US — in an attempt to subvert it. According to the British intelligence report, Xi has sought to make Chinese intelligence activity more professional through reform and investment. "In more ways than one, the broad remit of the Chinese Intelligence Services poses a significant challenge to Western attempts to counter their activity," the report said, citing assessments by British intelligence officers. "To compound the problem, it is not just the Chinese Intelligence Services: the Chinese Communist Party co-opts every state institution, company and citizen.

Persons: Yin, Ma Ying, Xi Jinping, Chuang, Gong, Dalai Lama, Murad Sezer, Xi, Xie Huanchi, hoover, Stavros Atlamazoglou Organizations: Chinese Communist Party, intel, Beijing, Service, Ministry of Public Security, Yin Gang, Getty, Xinhua, of State Security, of Public Security, Force, NSA, REUTERS, CCP, of, People, US National Counterintelligence and Security Center, Chinese Intelligence Services, Hellenic Army, 575th Marine Battalion, Army, Johns Hopkins University, Johns Hopkins, School, International Locations: China, Wall, Silicon, Beijing, Xinhua, Taipei, Singapore, Xinjiang, Taiwan, Tibet, Bhutan, Nepal, India, Istanbul, Johns

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