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☆ The L.A. Roller Rink Where the Years Glide By
▼ + stars: | 2024-05-22 | by ( Liz Brown | ) www.nytimes.com time to read: 1 min

A companion to T’s 212 series about New York institutions, the 213 column highlights beloved landmarks in and around Los Angeles. On a dark night in February, east of the 5 Freeway, south of the 134, down the street from the so-called Gentlemen’s Club, glows the blue neon sign: Moonlight Rollerway. These are the industrial hinterlands of Glendale, a tidy enclave in the rambling city-state that is Los Angeles, and here, among plumbing supply warehouses and an Amazon delivery van lot, sits a squat cinder-block building, an unexpected portal. Under the white overhang, signage abounds: “No In & Out Privileges,” “No Fast Wild or Reckless Skating,” “Be Neat & Clean.” A lengthy passage politely, firmly reminds visitors that risk of accident is inherent in the sport. “If you are not willing to assume that risk,” it reads, “please do not roller-skate here.”

Persons: ” Locations: New York, Los Angeles, Glendale

☆ America's Surge of Dumb Neighborhood Names, Real-Estate Rebrands
▼ + stars: | 2024-05-22 | by ( James Rodriguez | ) www.businessinsider.com time to read: +13 min

Neighborhood names are also shorthand for your rent or mortgage payments. In 2017, real-estate brokers in the historically Black New York neighborhood of Harlem sparked backlash when they tried to rebrand its south end as SoHa. At their best, new neighborhood names bring people together over a shared sense of pride in their little corner of the world. Along the way, these neighborhood names have veered into parody territory. I'm not saying that neighborhood names should be set in stone — in fact, I think it's natural for them to evolve alongside their populations.

Persons: you've, MoRA, Nashville's, they're, Let's, Gill Holland, Holland, Nestor Davidson, David Fagundes, Grant McKenzie, McKenzie, Hakeem Jeffries, Jeffries, Davidson, They're, Bob Dylan's, Marshall, Lily, I'm, Willy, Dirtbag, Little Italy — Organizations: Market, McGill University, University of Maryland, Houston, Financial, Tribeca, McGill, Google, Democratic, New York State Assembly, New York Times, Apple, North Arts District, Congress, Little Locations: Denver, Charlotte , North Carolina, LoSo, Boston, Louisville , Kentucky, NuLu, Austin, America, New York City, Louisville, Holland, North Carolina, Greenwich, Louisville's, Phoenix, Holland's, York, New York, Manhattan, Side, Chelsea, Maryland, Harlem, SoCo, Soho, Dowisetrepla, Charlotte, East Williamsburg

☆ China starts ‘punishment’ military drills around Taiwan days after island swears in new leader
▼ + stars: | 2024-05-22 | by ( Nectar Gan | ) edition.cnn.com time to read: +2 min

CNN —China has launched two days of military drills surrounding Taiwan in what it called “punishment” for “separatist acts,” days after the self-ruling island swore in a new democratically elected leader. China’s ruling Communist Party says the self-ruling democracy is part of its territory, despite never having controlled it, and has vowed to take the island, by force if necessary. The Eastern Theater Command of the Chinese People’s Liberation Army (PLA) said it launched joint military drills involving the army, navy, air force and rocket force in areas around Taiwan at 7.45 a.m. on Thursday. The drills are being conducted in the Taiwan Strait – a narrow body of water separating the self-ruling island with mainland China – as well as north, south and east of Taiwan. It expressed regret to “such irrational provocations and actions that undermine regional peace and stability.”

Persons: Lai Ching, China’s, Li Xi, ” Lai, Lai Organizations: CNN, Communist Party, Eastern Theater Command, People’s Liberation Army, PLA, Democratic Progressive Party, Taiwan’s Defense Ministry Locations: China, Taiwan, Kinmen, Beijing

☆ Ms Rachel, the YouTuber, launched a campaign to help kids in Gaza and other conflict zones. Then came the angry comments
▼ + stars: | 2024-05-22 | by ( Faith Karimi | ) edition.cnn.com time to read: +7 min

“Hiiii, heeeello,” she chirps while waving cheerfully in social media clips that feature upbeat nursery rhymes, dances and language lessons for preschool children. Instead of her usual smiling, clapping and cheering, the popular social media creator, whose full name is Rachel Griffin Accurso, was in tears. But I can handle this,” she said in a video posted to her accounts last Thursday. In the caption on her tearful May 16 video, Accurso reiterated her concern for all the world’s children. “Palestinian children, Israeli children, children in the US – Muslim, Jewish, Christian children – all children, in every country,” she wrote.

Persons: “, TikTok, Rachel Griffin Accurso, ”, Accurso, wasn’t, –, Rachel, she’d, she’s, Rogers, James Elder, —, Giselle Ugarte, ” Ugarte, influencers Organizations: CNN, YouTube, Democratic, New York Times, United Nations Children’s Fund, UNICEF Locations: Instagram, Gaza, Israel, gaza, Sudan, Ukraine, Democratic Republic of the Congo, New York, Rafah, Palestinian, “

☆ The Ukraine war is forcing migrating eagles to change their flight paths, scientists say
▼ + stars: | 2024-05-22 | by ( Amarachi Orie | ) edition.cnn.com time to read: +6 min

CNN —Greater spotted eagles are already a species under threat. Listed as “vulnerable” by the International Union for Conservation of Nature, greater spotted eagles have been largely eradicated from western and central Europe, according to the study. On March 1, 2022, a week after Russia invaded Ukraine, the first of 21 tagged greater spotted eagles crossed into Ukraine on its usual migration, according to researchers from the UK and Estonia. The researchers observed no difference in migration performance and deviation patterns outside of Ukraine, according to the study. Russell said the war in Ukraine is “really raising the profile of some of the environmental issues caused by conflict.

Persons: ”, Charlie Russell, Russell, ” Russell, “, Nathalie Pettorelli, Pettorelli, ” Pettorelli, “ ecocide ” Organizations: CNN, Eagles, International Union for Conservation of Nature, “, UK’s University of East, Zoological Society of London Locations: Ukraine, Europe, Poland, Belarus, Russia, Estonia, UK’s University of East Anglia, “

☆ CNBC Daily Open: S&P 500 and Nasdaq hit new heights ahead of Nvidia's earnings
▼ + stars: | 2024-05-22 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wall Street reaches new highsThe S&P 500 and the Nasdaq Composite rose to fresh record highs as investors await earnings from AI chipmaker Nvidia after the close on Wednesday. Nvidia's shares rose 0.6% with option traders pricing in swings of as much as 9% up or down in reaction to its earnings. Rate cuts several months awayFederal Reserve Governor Christopher Waller said he does not think further rate increases are necessary, but he will need convincing before backing any rate cuts. [PRO] When Nvidia risesCNBC's Ganesh Rao takes a look at six artificial intelligence-related stocks that have historically reacted positively to Nvidia's quarterly earnings.

Persons: Christopher Waller, Waller, Biden, Jennifer Granholm, Walt Disney, Bob Iger, Ganesh Rao Organizations: New York Stock Exchange, CNBC, Nasdaq, Nvidia, Dow Jones, Federal, Gasoline, East, Pixar, Studios, Disney, Walt Disney Animation, CSI, Nikkei, Reserve Bank of New Locations: New York City, Israel, Asia, Hong Kong, Reserve Bank of New Zealand, United States, Japan

☆ Kenyan President’s State Visit: An Antidote to U.S. Troubles in Africa?
▼ + stars: | 2024-05-22 | by ( Declan Walsh | ) www.nytimes.com time to read: +1 min

As other African nations move away from the United States, disillusioned with democracy or lured by rival powers, President William Ruto of Kenya arrives in Washington on Wednesday for a three-day state visit intended to showcase a stalwart American ally on the continent. Relations with once-firm American allies like South Africa and Ethiopia are decidedly cool. Mr. Ruto, the Biden administration hopes, is the antidote to those troubles. Since he came to power two years ago, Mr. Ruto, 57, has pulled Kenya, the economic powerhouse of East Africa, ever closer to the United States. His visit is just the sixth state visit hosted by the Biden administration, and the first for an African president since 2008.

Persons: William Ruto, Ruto, Biden Locations: United States, Kenya, Washington, American, Russia, China, Niger, South Africa, Ethiopia, Senegal, East Africa

☆ Middle East Crisis Norway Recognizes a Palestinian State
▼ + stars: | 2024-05-22 | by ( Emma Bubola | ) www.nytimes.com time to read: +3 min

General Ryder said that 569 metric tons of aid had made it onto Gaza’s shore but that those supplies had yet to be parceled out by humanitarian organizations. Israel not only seized the Rafah crossing on the border with Egypt but also closed the Kerem Shalom crossing into Israel. Though Israel has since reopened Kerem Shalom, only 69 trucks have entered Gaza through it in the past two weeks, according to U.N. data. That is far fewer than the number of aid trucks that were entering through the two southern border crossings before Israeli troops went into Rafah. The United Nations estimates that trucks carrying food to Gaza have been loaded with roughly 15 to 30 metric tons each.

Persons: Patrick S, Ryder, General Ryder, “, ” Organizations: Pentagon, Food, United Nations Locations: Gaza, U.S, Israel, Rafah, Egypt, Kerem

☆ The Middle East finds itself 'stuck between Israel and Iran,' author says
▼ + stars: | 2024-05-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Middle East finds itself 'stuck between Israel and Iran,' author saysKim Ghattas, author of "Black Wave," says Arab states find themselves stuck between Israel's Prime Minister Benjamin Netanyahu and Iran's supreme leader Ayatollah Khamenei "clinging to power at the expense of their own countries."

Persons: Kim Ghattas, Benjamin Netanyahu, Iran's, Ayatollah Khamenei Organizations: Israel's Locations: Israel, Iran

☆ Middle East Crisis Spain, Norway and Ireland Recognize a Palestinian State, Adding to Israel’s Isolation Over War
▼ + stars: | 2024-05-22 | by ( Emma Bubola | ) www.nytimes.com time to read: +3 min

Spain, Norway and Ireland said on Wednesday that they would recognize an independent Palestinian state, a rebuke to Israel over its war in Gaza and its decades of occupation of Palestinian territories. More than 140 countries and the Holy See have recognized a Palestinian state, but most Western European countries and the United States have not. Israel strongly opposes international attempts to recognize a Palestinian state and maintains that Israel needs to negotiate directly with Palestinian leaders on a permanent solution. Mr. Netanyahu has said that establishing a Palestinian state would be an “existential danger” to Israel. Countries that are moving toward recognizing Palestinian statehood argue that doing so would preserve the possibility of a two-state solution for Israelis and Palestinians.

Persons: ” Jonas Gahr, Spain’s, Pedro Sánchez, Benjamin Netanyahu, “, Mr, Sanchez, Simon Harris of, Netanyahu, Israel, ”, Israel Katz, ” Ziad Abu Amr, Aaron Boxerman, Henrik Pryser Libell, Adam Rasgon, Victoria Kim Organizations: Palestinian, West Bank Locations: Spain, Norway, Ireland, Israel, Gaza, Oslo, Palestine, Palestinian, United States

☆ Opinion | Western Europe Is Starting to Send a Vital Warning to Israel
▼ + stars: | 2024-05-22 | by ( Thomas L. Friedman | ) www.nytimes.com time to read: +1 min

More than 140 countries and the Holy See have recognized the right of Palestinians to have a state in the West Bank, Gaza and East Jerusalem. What is noteworthy about this latest move, though, is that major Western European countries, and the United States, had resisted going there, arguing that peace should be worked out between the two parties. My focus is always on the practical: Will these recognitions of a nonexistent Palestinian state with undefined borders lead to the only sustainable solution — a real-life peace between two states for two indigenous communities — Jews and Palestinians? The answer is yes and no. In the short term, these diplomatic recognitions from fellow democracies will not move the Israeli public, Yohanan Plesner, president of the Israel Democracy Institute, told me.

Persons: Yohanan Plesner, ”, “ Organizations: West, Israel Democracy Institute Locations: Spain, Norway, Ireland, Gaza, West Bank, East Jerusalem, United States, Israel

☆ CNBC Daily Open: New highs on Wall Street, Fed's Waller says rate cuts months away
▼ + stars: | 2024-05-22 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Rate cuts several months awayFederal Reserve Governor Christopher Waller said he does not think further rate increases are necessary, but he will need convincing before backing any rate cuts. Singapore Airlines: one dead, 30 injuredOne person died and 30 people were injured aboard a Singapore Airlines flight that was hit by severe turbulence and forced to land in Thailand. Singapore Airlines Flight 321 encountered "sudden, severe turbulence" about 10 hours into a flight from London to Singapore, the airline said.

Persons: Christopher Waller, Waller, Biden, Jennifer Granholm, Walt Disney, Bob Iger, Jesse Pound, JPMorgan's Marko Kolanovic Organizations: New York Stock Exchange, CNBC, Nasdaq, Nvidia, Dow Jones, Federal, Gasoline, East, Pixar, Studios, Disney, Walt Disney Animation, Singapore Airlines, Singapore Airlines Flight, Boeing, Wall Street Locations: New York City, Israel, Thailand, London, Singapore

☆ Iran’s Use of Proxy Warfare Likely to Persist, Experts Say
▼ + stars: | 2024-05-22 | by ( Alissa J. Rubin | ) www.nytimes.com time to read: +1 min

Those groups — Hezbollah in Lebanon, the Houthis in Yemen, multiple militias in Iraq and Hamas in the Palestinian territories — are central to Iran’s ability to wield influence far beyond its borders despite being under strict economic sanctions for decades. Iran works with these groups through the Quds Force, a division of Iran’s Islamic Revolutionary Guard Corps. answers directly to the Supreme Leader, Ayatollah Ali Khamenei, not to the government run by the president. On Tuesday morning, Iran-linked groups in Iraq announced that they had launched a strike at a base in Israel. It was as if Iran’s allies were signaling that it was business as usual by making the kinds of attacks that have become commonplace in recent months.

Persons: Ali Khamenei, Ebrahim Raisi, Hossein Amir Abdollahian, ”, Parsi Organizations: Quds Force, Islamic Revolutionary Guard Corps, Iraq, Quincy Institute, Responsible Locations: Iran, Lebanon, Yemen, Iraq, Lebanese, Israel

Multiple fatalities and some injuries have been reported in the small city of Greenfield, Iowa – about 50 miles southwest of Des Moines – after a tornado carved a devastating path through the community Tuesday evening, Iowa State Patrol spokesperson Sgt. “There is basically nothing left,” Clel Baudler, a former Iowa state representative who lives a half mile from Greenfield, told CNN on Tuesday. Power outages across Iowa, Wisconsin and Illinois left nearly 200,000 homes and businesses in the dark as of Tuesday night, according to PowerOutage.us. A few tornadoes could strike from Texas to Arkansas, but hail and powerful winds are possible anywhere along the storms’ path. Heaps of rubble blanket Greenfield, Iowa, after a tornado touched down Tuesday.

Persons: Alex Dinkla, Dinkla, Clel, Kim Reynolds, Charlie Neibergall, Valerie Warrior, KCCI, “, ”, “ They’ll, CNN’s Jessica Jordan, Sara Smart, Amy Simonson Organizations: CNN, Midwest, Des Moines, Iowa State Patrol, Storm Prediction Center Locations: Iowa, Greenfield , Iowa, Des, Greenfield, Iowa , Wisconsin, Illinois, Texas, Vermont, Ohio, Great, Arkansas, Oklahoma, Dallas, Fort Worth, Nashville, St, Louis, Memphis, Cleveland, Tulsa, Columbus, Iowa , Minnesota , Wisconsin, Western Iowa, Prescott, Adams County, Montgomery County

☆ Israel’s seizure of AP equipment shows its hostile posture toward the free press
▼ + stars: | 2024-05-22 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

The Benjamin Netanyahu-led country on Tuesday took the outrageous step of seizing a camera and other video equipment used by The Associated Press to broadcast a live feed of Gaza — a decision the country only reversed amid severe backlash from free press advocates and following a White House request. And on Tuesday, it used that same law to target the AP, ostensibly confiscating its equipment because it provided its video feed to Al Jazeera, one of its thousands of global clients. A screenshot taken from AP video showing a general view of northern Gaza as seen from Southern Israel, before it was seized by Israeli officials on Tuesday, May 21, 2024. While Israel bowed to pressure on Tuesday and returned the AP’s equipment, the government notably offered no public apology to the renowned wire service. As the AP noted after its equipment was returned Tuesday, the underlying issues are still unresolved.

Persons: New York CNN —, Benjamin Netanyahu, Adrienne Watson, Watson, “, Israel, Shlomo Karhi, Al Jazeera, ” Organizations: New York CNN, The Associated Press, White, State Department, Government, Israel, National Security, AP, Qatari, Al, AP Israel, Israel’s Locations: New York, New York CNN — Israel, Gaza, Israel, Al Jazeera, Southern Israel

☆ The ICC does not have a 'real case,' analyst says
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe ICC does not have a 'real case,' analyst saysBanafsheh Keynoush, non-resident scholar at the Middle East Institute, discusses the International Criminal Court's request for arrest warrants for Israeli Prime Minister Benjamin Netanyahu, among others, and says it's a "symbolic gesture" from the court.

Persons: Banafsheh Keynoush, Benjamin Netanyahu Organizations: ICC, Middle East Institute

☆ Netanyahu denies Israel is starving civilians in Gaza as a method of war
▼ + stars: | 2024-05-21 | by ( Tara John | ) edition.cnn.com time to read: +6 min

Israel has allowed 20,000 trucks of aid into Gaza, Netanyahu said – a fraction of what would have entered in the same period under normal times. Israel’s ongoing siege of Gaza, following Hamas’ October 7 terror attacks, has reached its seventh month and left more than 34,000 people dead. Netanyahu is deeply unpopular in Israel, where he is also facing an ongoing corruption trial. Speaking to Tapper, Netanyahu rejected accusations that he avoids Israeli media in favor of international press, saying he has done up to 20 press conferences with Israeli journalists. An ICC warrant would compel more than 100 member-nations of the court to arrest Netanyahu if he traveled in their territory.

Persons: Benjamin Netanyahu, CNN’s Jake Tapper, Karim Khan, – Netanyahu, Yoav Gallant –, Khan, Netanyahu, Gallant, Tapper, –, ’, ”, Critics, “ That’s, “, Khan’s, Joe Biden, ” Biden, Antony Blinken, Biden, Franklin Roosevelt, Adolf Hitler, CNN’s Christiane Amanpour, Israel, Vladimir, Putin, ” Khan Organizations: CNN, Israeli, Criminal Court, ICC, Israel’s, Gaza, West Bank, Amnesty, Hamas Locations: Gaza, Israel, United States, East Jerusalem, France, Africa

☆ Raisi helicopter crash: Some in Iran claim US sanctions to blame but the truth may be more complicated
▼ + stars: | 2024-05-21 | by ( Nic Robertson | ) edition.cnn.com time to read: +5 min

CNN —Even before Iran’s army chief Mohammad Bagheri ordered an investigation into the helicopter crash that cost the Islamic Republic the lives of two of its top politicians, blame was being laid at America’s door. People mourn the death of President Ebrahim Raisi and Foreign Minister Hossein Amir-Abdollahian in a helicopter crash the previous day, at Valiasr Square, on May 20, 2024 in Tehran, Iran. The next question might be, knowing the weather was bad and having three helicopters on the journey, why put both president and foreign minister in the same aircraft? Former Foreign Minister Zarif would want the world to believe Iran’s technological core has been hollowed out by US sanctions, but that allegation too is tainted by hubris. Iran’s presidents are not idle, they need to go places.

Persons: Mohammad Bagheri, Ebrahim Raisi, Javad Zarif acidly, Abdulkadir Uraloglu, Raisi –, Hossein Amir, Abdollahian, Malek Rahmati, Mohammed Ali Alehashem –, Ilham Aliyav, Majid Saeedi, Yemen’s Houthis, AKINCI, Ali Khamenei, –, Russia –, Zarif, Raisi Organizations: CNN, Islamic, Bell, Turkish Transport, Revolutionary Guard Corps, Former Locations: Islamic Republic, America’s, United States, Iran, Vietnam, Azerbaijan, Tabriz, Tehran, Turkish, Russia, Ukraine, Turkey

☆ An East Hampton Home Tailor-Made for the Owner of Il Buco
▼ + stars: | 2024-05-21 | by ( Tim Mckeough | ) www.nytimes.com time to read: 1 min

After years of renting houses in the Hamptons, Donna Lennard was ready to buy a place of her own in 2017. And she knew exactly where she wanted to live: on Gerard Drive, in the hamlet of Springs, N.Y., in the town of East Hampton. “It’s a peninsula,” said Ms. Lennard, the owner of Il Buco, the New York-born chain of restaurants and shops that she started with Alberto Avalle 30 years ago. “On one side is Gardiners Bay, facing Gardiners Island and Connecticut; then, on the other side, is Accabonac Harbor. So from one side to the other, you see water.”

Persons: Donna Lennard, Gerard, “, ”, Lennard, Il Buco, Alberto Avalle Organizations: Hamptons Locations: Springs, N.Y, East Hampton, New York, Gardiners, Connecticut

☆ China's sweeping measures to prop up the property sector will need time to show results
▼ + stars: | 2024-05-21 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

A real estate construction site in Wanxiang City, Huai 'an City, East China's Jiangsu province, May 17, 2024. Future Publishing | Future Publishing | Getty ImagesBEIJING — China's sweeping moves on Friday to increase support for real estate will take time to show results, analysts said. Despite the news, S&P is still sticking to its base case from earlier in the month that China's property market is likely still "searching for a bottom," Edward Chan, director, corporate ratings, said during the firm's webinar on Monday. But he pointed out that for real estate to see significant stabilization, homebuyers' demand and confidence will need to improve after a market downturn of nearly three years. "We believe Beijing is headed in the right direction with regard to ending the epic housing crisis," Nomura's Chief China Economist Ting Lu said in a report Monday.

Persons: Huai, Edward Chan, Ting, Nomura, Goldman Sachs, Chief China Economist Hui Shan, Ting Lu, P's Chan Organizations: Future Publishing, Getty, BEIJING, Chief China Economist, China Locations: Wanxiang City, City, East China's Jiangsu, Hong Kong, Beijing, Ting Lu, China

☆ Jenny Erpenbeck’s ‘Kairos’ Wins the International Booker Prize
▼ + stars: | 2024-05-21 | by ( Alex Marshall | ) www.nytimes.com time to read: +1 min

Jenny Erpenbeck’s “Kairos,” a novel about a torrid love affair in the final years of East Germany, won on Tuesday the International Booker Prize, the renowned award for fiction translated into English. Erpenbeck shares the award of 50,000 British pounds, about $63,500, with Michael Hofmann, who translated the book into English. The pair received the prize during a ceremony at the Tate Modern art museum in London. After receiving the award, the pair seemed lost for words. Erpenbeck thanked her family, and Hofmann thanked Erpenbeck: “I want to thank Jenny for her trust in me,” he said.

Persons: Jenny Erpenbeck’s “, ”, International Booker, Erpenbeck, Michael Hofmann, Hofmann, Jenny, “, ” Eleanor Wachtel, ” —, — Organizations: International, International Booker Prize, Tate Locations: East Germany, London

☆ Iran begins days of nationwide funeral rites for President Ebrahim Raisi after helicopter crash
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: +2 min

People attend funeral ceremony, held for Iranian President Ebrahim Raisi and his senior officials died in a helicopter crash, in Tabriz, Iran on May 21, 2024. Thousands of mourners descended on Tabriz on Tuesday for a funeral ceremony honoring Iranian President Ebrahim Raisi, who perished in a helicopter crash over the weekend, leaving an indelible void in the country's leadership succession plans. Some mourners are shown brandishing photographs of Raisi, while others trooped behind lines awaiting the procession. Services for Raisi will be held between Tuesday and Thursday in Tabriz, Qom, Birjand and Iranian capital Tehran. "Our honorable Raisi worked tirelessly," Khamenei said on the X social media platform on Monday.

Persons: Ebrahim Raisi, Hossein Amirabdollahian, IRNA, Ayatollah Ali Khamenei, Raisi, Khamenei, Butcher, Mahsa, Amirabdolahian, Bashar Assad Organizations: Iranian, Islamic Republic News Agency, CNBC, Raisi, Human Rights Watch, Palestinian, Hamas Locations: Tabriz, Iran, Qom, Birjand, Tehran, Mashhad, Azerbaijan, East, Israel

☆ China market rebound is 'overdue,' analyst says
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina market rebound is 'overdue,' analyst saysAmer Halawi, head of research at Al Ramz Corporation PJSC, discusses the outlook for Middle East markets, saying "we're diverging from the rest of the world."

Persons: Amer Halawi Organizations: China, Al Ramz Corporation Locations: East

☆ Some central banks have sold gold at record prices, cashing in on the global boom
▼ + stars: | 2024-05-21 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Read previewCentral banks around the world have been snapping up gold, sending prices of the metal to record highs. The country's gold stash accounted for nearly three-quarters of its reserves as of March this year, according to WGC data. In 2022, Uzbekistan produced 110.8 tons of gold, making it the 10th top gold producer in the world, per WGC. Uzbekistan gold mining in March 2024. The country legalized private gold digging in 2019, and any gold found must be traded via its central bank.

Persons: —, it's, VYACHESLAV OSELEDKO, Shavkat Mirziyoyev Organizations: Service, Business, World Gold, Central Bank of, Uzbek, AFP Locations: China, Saudi, Central Bank of Uzbekistan, Thailand, Kazakhstan, Uzbekistan, Kazakh

☆ Biden to release 1 million barrels of gasoline to reduce prices at the pump ahead of July 4
▼ + stars: | 2024-05-21 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

The Biden administration will release 1 million barrels of gasoline from reserves held in the Northeast to reduce prices at the pump ahead of the Fourth of July holiday and summer driving season. Rising energy prices stirred speculation in April that the Biden administration might tap the Strategic Petroleum Reserve in Texas and Louisiana ahead of the November presidential election. Though gasoline prices have come down over the past month, broader inflation has remained stubborn, irking consumers. The barrels will be sold from storage sites in New Jersey and Maine that are part of the Northeast Gasoline Supply Reserve, which was established after Superstorm Sandy knocked out refineries in 2012. The Biden administration released 180 million barrels from the SPR in 2022 as energy prices spiked in the wake of Russia's invasion of Ukraine.

Persons: Joe Biden, Biden, Jennifer Granholm, Lael Brainard, Superstorm Sandy Organizations: Eisenhower, Strategic Petroleum Reserve, White, National Economic, AAA, Retailers, Department of Energy, DOE, Northeast Gasoline Supply, Superstorm Locations: Washington ,, Israel, Texas, Louisiana, Iran, New Jersey, Maine, Ukraine

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