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Cezary Aszkielowicz/ Agencja Wyborcza.pl via REUTERS/ File Photo Acquire Licensing RightsMOSCOW, Sept 26 (Reuters) - The Kremlin said on Tuesday that U.S. supplies of long-range ATACMS missiles and Abrams tanks to Ukraine would not change the situation on the battlefield. Ukraine's President Volodymyr Zelenskiy said on Tuesday that U.S.-made Abrams tanks had arrived in his country. The jet-powered tanks were a top demand of Kyiv until Washington finally offered more than 30 of them in January. "Abrams tanks are serious weapons, but remember what the president said about other tanks made in another country," Peskov said, referring to other Western tanks supplied to Kyiv, which include German-made Leopards and British Challengers. Last Friday, NBC News, citing U.S. officials, reported that President Joe Biden had informed Zelenskiy that Washington would also provide Kyiv with ATACMS long-range missiles.
Persons: Cezary, Wyborcza.pl, Dmitry Peskov, Volodymyr Zelenskiy, Abrams, Peskov, Biden, Joe Biden, Zelenskiy, ATACMS, Gareth Jones Organizations: Abrams, REUTERS, Rights, Leopards, Kyiv, Army Tactical Missile Systems, NBC, U.S, Pentagon, Thomson Locations: U.S, Szczecin, Poland, Ukraine, Russian, Moscow, Kyiv, Washington, British
To have an equitable distribution across the work force, 22 percent of Black workers with a college degree would have to switch occupations with white college graduates. For workers who graduated with a high school degree but lack a college degree, nearly 28 percent of either Black or white workers would have to switch jobs. The researchers called this a “dissimilarity index,” and since 2000 it has ticked up slightly for both groups. The new report notes that Black college students often major in fields that have lower wages. But the dearth of Black students in majors that lead to higher pay in careers like technology or finance, the researchers say, is a legacy of racism.
Persons: , Peter Q, Blair, Dr, Organizations: Harvard Graduate School of Education
South African police officers walk in front of an event banner outside the venue for the BRICS summit at the Sandton Convention Center in the Sandton district of Johannesburg, South Africa, on Monday, Aug. 21, 2023. Ramaphosa invited 67 leaders from across Africa, Latin America, the Middle East, Asia and the Caribbean to attend the summit, but no Western leaders received an invitation. watch nowBilateral deals and cooperation is common among BRICS members, but de Carvalho challenged the idea that there is a unanimous desire to compete with the G7. He added that the BRICS members do not always agree and do not see the group as a "panacea," but simply a "vehicle to become more influential in global discussions." "The G7 contains the rich Western economies, while BRICS contains the two most populous countries and the leading countries on three continents.
Persons: Michele Spatari, Cyril Ramaphosa, Xi Jinping, Luiz Inácio Lula da Silva, Narendra Modi, Sergei Lavrov, Vladimir Putin, Putin, Ramaphosa, Gustavo de Carvalho, de Carvalho, Lula, BRICS, It's, it's, Steven Gruzd, Gruzd Organizations: Bloomberg, Getty, West, South, Indian, Russian, International, Court, ICC, Western, African Union Commission, New Development Bank, South African Institute of International Affairs, CNBC Locations: Sandton, Johannesburg, South Africa, Ukraine, Africa, Latin America, East, Asia, Caribbean, Nigeria, Saudi Arabia, Iran, UAE, Argentina, Indonesia, Egypt, Ethiopia, Ghana, India, BRICS, Russia, Brazil, China
Mistakes by air traffic controllers — stretched thin by a nationwide staffing shortage — have been one major factor. So do the air traffic controllers who scour the skies and manage takeoffs and landings. The number of fully trained air traffic controllers nationwide has fallen 10 percent in the past decade. data and the agency’s most recent “Air Traffic Controller Workforce Plan.”Nearly all U.S. air traffic control facilities are understaffed Circles represent 313 air traffic facilities in the United States, including airport towers and larger regional centers. Desiree Rios for The New York TimesPilots, air traffic controllers and federal investigators have warned repeatedly that America’s air safety system is fraying.
Persons: Louis Armstrong, , , Biden, Matthew Lehner, Mr, Lehner, Ilana Panich, Kennedy, Jan, , ” Jennifer Homendy, Joe Raedle, Reagan, Desiree Rios, , Organizations: Southwest Airlines, Louis Armstrong New, International Airport, Delta Air, New, Airport, American Airlines, Frontier Airlines, Frontier, Federal Aviation Administration, The New York Times, United Airlines, American, Airbus, louisiana Magnolia, Times, Phoenix, NASA, Aviation, Pilots, Technology, U.S, Airlines, United, , Bergstrom International Airport, Kennedy International, Delta, FedEx, JetBlue Airways, JetBlue, National Transportation Safety, Spirit Airlines, Fort Lauderdale, Las Vegas, San, Casper, Federal Aviation, The Times, FAA, National Transportation Safety Board, Department of, Gulfstream, Miami, The New York Times Pilots, Flying Magazine, Sky Harbor, Boeing Locations: Airport Mississippi, New Orleans, San Francisco, American, Dallas, louisiana, louisiana Magnolia Minden arkansas, Minden louisiana, United States, U.S, San Diego, Phoenix, Swiss, Continental, Buffalo, United, Delta, Southwest, , Austin, Texas, New York, Austin , Texas, Sarasota , Fla, Burbank, Calif, Boston, New York City, Fort, Salt Lake, Ontario, Denver, Las, Portland ,, Baltimore, Miami, Peoria, Ill, Fort Worth, Jacksonville, Fla, Philadelphia, Fort Lauderdale, Lexington, Ky, Tampa
The remote work debate is still raging, as firms try to get their workers back into the office. But one business owner says trusting workers to create their own best work arrangement is the best option. "There's the whole saying about working from home, 'shirking from home,' or working remotely, 'remotely working,'" Bloom said. That's why Eitzen is making remote work permanent. Are you a boss or worker trying to figure out how to keep remote work functional?
Persons: Sam Eitzen, Eitzen, I'm, you've, There's, they'd, Simon Fraser, Lucy Gilson, Nicholas Bloom, haven't, Bloom, that's, Chris Bailey, who's, Bailey, he's, It's Organizations: Service, Employers, Deloitte, Pepperdine University , University of New, Simon, Simon Fraser University, University of Calgary, Paul College of Business, University of New, Stanford University, Workers, jkaplan Locations: Wall, Silicon, Seattle, Pepperdine University , University of New Hampshire, University of New Hampshire, Spain, Italy
For Disney, Iger's return was a doctor's-orders scenario. "What is the long game for any pure-play media company in a world where we have tech-driven media companies that are much larger than any traditional media company and have fundamentally different business models?" Will Disney sell TV assets like ABC? Industry watchers have focused on private-equity firms as likely buyers of Disney's TV assets. Are you a Disney insider?
Persons: Bob Iger, Bob Chapek, Iger, Disney, Iger's, Peter Csathy, Tom Staggs, Kevin Mayer, Csathy, they're, He's, Paul Verna, Verna, David Heger, Edward Jones, Heger, Hulu —, it's, Dave Portnoy's Barstool, Will, Evercore, Dana Walden, Alan Bergman, Puck, Disney bigwigs, Mayer, Walden, Bergman, Reed Alexander, Lucia Moses Organizations: Disney, ESPN, Walt Disney Co, Hollywood, Creative Media, Apple, PE, Candle Media, Insider Intelligence, Hulu, LightShed Partners, Penn Entertainment, ESPN Bet, Penn, Yahoo Finance, Will Disney, ABC, Geographic, CNBC, Industry, Disney's, Parks
Morning Bid: US stocks try to outrun the gloom
  + stars: | 2023-08-09 | by ( ) www.reuters.com   time to read: +3 min
A sign is seen outside the 11 Wall St. entrance of the New York Stock Exchange (NYSE) in New York, U.S., March 1, 2021. REUTERS/Brendan McDermidA look at the day ahead in U.S. and global markets by Harry RobertsonIt's been a tough little patch for U.S. stocks, with the benchmark S&P 500 index (.SPX) falling for five of the last six sessions. Things look a little brighter this morning, with U.S. stock futures up slightly and European equities (.STOXX) rising in the morning session. Italy's decision to water down the bank tax which shook markets on Tuesday has helped restore some confidence, particularly in Europe. As of Wednesday, however, the greenback was on track for its fourth straight weekly increase - hardly a bullish sign for global markets.
Persons: Brendan McDermid, Harry Robertson It's, It's, we've, Timothy Graf, Street's Graf, Harry Robertson, David Evans Organizations: New York Stock Exchange, REUTERS, U.S, Reuters, Walt Disney Company, Thomson Locations: New York, U.S, Europe
For Disney, Iger's return was a doctor's-orders scenario. "What is the long game for any pure-play media company in a world where we have tech-driven media companies that are much larger than any traditional media company and have fundamentally different business models?" Will Disney sell TV assets like ABC? Industry watchers have focused on private-equity firms as likely buyers of Disney's TV assets. Are you a Disney insider?
Persons: Bob Iger, , Bob Chapek, Iger, Disney, Iger's, Peter Csathy, Tom Staggs, Kevin Mayer, Csathy, they're, He's, Paul Verna, Verna, David Heger, Edward Jones, Heger, Hulu —, Will, it's, Evercore, Dana Walden, Alan Bergman, Puck, Disney bigwigs, Mayer, Walden, Bergman, Reed Alexander, Lucia Moses Organizations: Disney, ESPN, Walt Disney Co, Hollywood, Creative Media, Apple, PE, Candle Media, Insider Intelligence, Hulu, LightShed Partners, Will Disney, ABC, Geographic, CNBC, Industry, Disney's, Parks
Dr. Sanjay Gupta: Cannabis is having a senior moment
  + stars: | 2023-08-06 | by ( Dr. Sanjay Gupta | ) edition.cnn.com   time to read: +11 min
Over the past few decades, we have experienced one of the most significant and uneven legal evolutions ever seen in the United States. Seniors — people over the age of 65 — are now the fastest growing group of cannabis users in the United States. Since 2020, The United States has spent $4 trillion a year on health care, of which almost $580 billion was spent on pharmaceuticals alone in 2021. Sue Taylor, right, known as "Mama Sue," spoke to Dr. Sanjay Gupta for "Weed 7: A Senior Moment." As cannabis use has increased among seniors, cannabis ER-related visits have gone up, too.
Persons: Anderson Cooper, , , it’s, , Ken Tillman, Ken, would’ve ”, Dedi, Meiri, Charlotte Figi, Paige, Sue ” Taylor, She’s, Sue Taylor, Mama Sue, Sanjay Gupta, CNN Mama Sue, ferociously, Melanie Bone, Dr, Bone, Organizations: ” CNN, District of Columbia, United, CNN, Catholic, CNN Health Locations: United States, Palm Beach , Florida
Thank wind and solar, energy experts say. “The thermal plants have bounced up and down,” Lewin told CNN, saying thermal plant outages during heatwaves have been high by Texas grid manager ERCOT’s own standards. The state is also rapidly installing battery storage, to store wind and solar energy when the sun isn’t shining and wind isn’t blowing. “I think what they’re leaving out is the intermittency of the thermal plants, they continue to neglect that,” Lewin said. That’s not to say renewables are a panacea, but the point is thermal plants are also not a panacea.”
Persons: ” Michael Webber, , Doug Lewin, Webber, ” Lewin, ERCOT’s, Mark Felix, , ERCOT, Lewin, that’s Organizations: CNN, Texas, “ Renewables, University of Texas, Energy Information Administration, Renewables, Energy, US Energy Information Administration, Lone Star Locations: Austin, Texas, Hill County , Texas, AFP, Gulf of Mexico
Investors shouldn't chase the Coinbase rally that was sparked by a pop in crypto asset XRP due to a partial legal win in federal court, analysts warned. The judge also ruled that Ripple violated securities laws when selling XRP to institutions but not to retail investors. However, some analysts noted investors should stay cautious around Coinbase for a little while longer. Despite the ways Coinbase and the crypto industry can benefit from the ruling, the dark cloud of regulatory uncertainty hasn't gone away yet. He added that although the ruling is positive, it's "not a Panacea" for Coinbase.
Persons: XRP, Peter Christiansen, Bank of America's Jason Kupferberg, Kupferberg, Christiansen, Michael Bloom Organizations: of, Citi, Bank of America's, SEC, Coinbase, Bank of America, America's Locations: Southern, of New York, Cancun
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) slipped 0.5%, heading for a weekly loss of 1.8%. Shares of Taiwanese chipmaker TSMC (2330.TW) slumped 3.3%, after the world's largest contract chipmaker flagged a 10% drop in 2023 sales. The U.S. dollar index was little changed at 100.78, after advancing 0.5% overnight, the biggest one-day gain since mid-May. The Australian dollar gave up almost all of its gains made after a strong local jobs data release to hover below 68 cents. Brent crude futures were up 0.8% at $80.27 per barrel and U.S. West Texas Intermediate crude futures rose 0.8% to $76.25.
Persons: BOJ, TSMC, HSI, Wanda, Betty Wang, Stella Qiu, Lincoln Organizations: Netflix, Fed, ECB, Tesla, Treasury, Nasdaq, U.S . Federal Reserve, European Central Bank, Bank of Japan, Japan's Nikkei, HK, ANZ, U.S, Australian, TD Securities, Brent, . West Texas, Thomson Locations: SYDNEY, U.S, Asia, Pacific, Japan, China, Beijing, Europe
"That doesn't get them completely out of the woods," said one Country Garden bondholder, who declined to be identified, adding that the developer was facing a further batch of bonds payments in coming months. "If sales don't improve people will worry about the repayment ability for developers like Country Garden who have large exposure in smaller cities," Cheng said. "Country Garden is a top developer in terms of sales. It has been another week of unsettling news in the property market in China. Other efforts are needed to boost buyers’ sentiment about the long-term trajectory of the property market," they added.
Persons: Raymond Cheng, Cheng, Friday's, Wanda, China's, Wang Jianlin, DWCM, selloff, Yao Yu, Wanda Commercial's, Ankur Banerjee, Jason Xue, Clare Jim, Xie Yu, Marc Jones, Tom Hogue, Robert Birsel, Sharon Singleton, Frances Kerry Organizations: HK, CGS, CIMB Securities, Dalian Wanda Group, ANZ, Dalian Wanda Commercial Management, P, JPMorgan, Reuters Graphics, Thomson Locations: SINGAPORE, HONG KONG, Hong Kong, China, Beijing, Greenland, Dalian, Singapore, Shanghai, London
Unlike past tech booms that have touched San Francisco, the generative AI craze brings fewer jobs, because AI firms excel at staying lean and automating work. "I think we should curb our optimism that San Francisco commercial real estate will bounce back because of AI," said Silicon Valley investor Jeremiah Owyang. Eleven of the country's top 20 AI companies are in San Francisco and have raised $15.7 billion collectively between 2008 and 2023. That amount is just 2.3% of the estimated 150,000 daily workers that downtown San Francisco lost during the pandemic. Reporting by Anna Tong in San Francisco; Editing by Sayantani Ghosh, Anna Driver and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Carlos Barria, San, Jeremiah Owyang, Erin Price, Wright, OpenAI, Matt Schlicht, Mike Grabowski, Grabowski, Owyang, Lee Edwards, Daron Acemoglu, Anna Tong, Sayantani Ghosh, Anna Driver, Matthew Lewis Organizations: Intelligence, REUTERS, FRANCISCO, Reuters, Francisco, San Francisco Mayor London Breed's, San, Microsoft, Octane, Google, Nordstrom, Massachusetts Institute of Technology, Thomson Locations: San Francisco, California, U.S, Valley, NFX, Dubai
I’ve been driving for nearly 30 years, but until recently, I hadn’t ever changed my car engine’s oil by myself. But a month ago, figuring I may not have many more chances, now that oil-free electric cars are becoming the norm, I decided to jack up my car and do it myself. Decked out with cameras, touch-screens and microprocessors, modern cars can feel like entirely digital devices, little more than iPhones on wheels. As I’ve written before, it’s long past time we replaced these inefficient, pollution-belching, climate-warming beasts with other ways of getting around. And even if electric cars are no panacea, they’re a huge improvement over their gassy predecessors.
Persons: I’ve, there’s, I’d Organizations: YouTube Locations: Southern California
Jackson and Thomas, reflecting a deep divide in the United States, diverged on how race must be treated in the law. Thomas wrote a concurring opinion accompanying the ruling that said Jackson's "race-infused world view falls flat at each step." "Our country has never been colorblind," Jackson wrote in her dissenting opinion, which was joined by the two other liberal justices. Much of what Thomas wrote on Thursday was directed at Jackson. "Justice Thomas ignited too many straw men to list, or fully extinguish," Jackson wrote.
Persons: Ketanji Brown Jackson, Clarence Thomas, Jackson, Thomas, Jackson myopically, Ilya Somin, Jim Crow, Michael Dorf, Justice Jackson, John Roberts, Black, Joe Biden, Andrew Chung, Will Dunham Organizations: U.S, Supreme, Constitution, George Mason University, Black, Cornell Law, Harvard, UNC, Democratic, Thomson Locations: United States, U.S, Southern, New York
In some ways, China and Japan are joined at the hip. As beggar-thy-neighbor foreign exchange depreciation pressures bubble up across Asia, the attraction of a weaker exchange rate grows. In terms of bilateral trade between China and Japan, the attraction is equally clear. China is Japan's largest trading partner, Japan is China's third-largest individual nation trading partner, and bilateral trade is worth around $370 billion annually. Remarkably, the yen has depreciated 25% against the yuan over the last three years, giving corporate Japan a substantial competitive advantage over China Inc.
Persons: Steven Englander, Brad Setser, Jamie McGeever Organizations: Reuters, U.S, Asian Development Bank, Standard Chartered, Finance, Bank for International, China Inc, of Foreign Relations, Thomson Locations: ORLANDO, Florida, Japan, China, Asia, East Asia, Beijing
The Islamic Republic is now simultaneously holding talks with the European Union and the United States. Last week, Iran’s top nuclear negotiator, Ali Bagheri-Kani met European Union mediator Enrique Mora in the Qatari capital Doha in an effort to revive the 2015 nuclear deal between Iran and world powers. It takes place as Iran’s nuclear program advances beyond the requirements of nuclear energy and toward those of a bomb. The Islamic Republic faces parliamentary elections next year, and any easing of Western sanctions could give its rulers a boost in the polls. They had lamented being left out of the talks with Iran when world powers struck a deal with the Islamic Republic in 2015, but are now actively facilitating the dialogue.
Persons: Ali Bagheri, Kani, Enrique Mora, “ we’re, , Sanam Vakil, Ali Khamenei, Matthew Miller, Donald Trump’s, Benjamin Netanyahu, Naysan Rafati, ” Vakil, Biden Organizations: UAE CNN, European Union, Qatari, Doha, CNN, US, Islamic, North Africa, Chatham House, Group, Russia Locations: Abu Dhabi, UAE, Iran, Russia, Republic, United States, Union, EU, Tehran, Ukraine, Islamic Republic, , Washington, London, Iraq, Arab, Qatar, Oman, Israel, , Korea, US
What you’ve got to do to get more money from wealth is just let your money go out there and make money on its own. darrick hamiltonYeah, the extent to which our tax code incentivizes wealth and capital growth, it centers on existing wealth and capital growth. $50,000 to the most wealth-poor person seems like a big number, but we need to put that number in context. In other words, wealth begets more wealth, and wealth builds upon itself. ezra kleinI think that’s a great place to end, so I’ll ask our final question.
Persons: ezra klein, we’ve, We’ve, Darrick Hamilton, Biden Sanders, Bernie Sanders, Cory Booker, Ayanna Pressley, darrick hamilton, hamilton, you’re, ezra klein There’s, you’ve, that’s, Thomas Piketty’s, it’s, there’s, ezra klein I’m, , ezra klein We’ve, Bill Gates, Elon, Ezra, Ira Katznelson, Crow, Bill, hasn’t, who’s, I’ve, they’re, ezra klein Let’s, darrick hamilton Naomi Zewde, wouldn’t, Let’s, darrick hamilton Ezra, darrick hamilton I’m, Arthur Lewis, Natalie Diaz, ” Natalie, ezra klein Darrick Hamilton Organizations: The New School, Biden, Task Force, Marshall, Black, Washington D.C, Federal Government, SEED, Oklahoma, Social, Social Security Locations: Hamilton, United States, Prosperity, America, Europe, Tulsa , Oklahoma, Connecticut, Washington, , hamilton
CNN —Saudi Arabia has been in the headlines a lot lately – this time for trying to find its place in the sporting world. The kingdom’s golfing coup is perhaps the crowning sporting achievement so far of heir apparent Crown Prince Mohammed Bin Salman (MBS). Regional outlierBy the time King Salman came along, the 21st century was passing Saudi Arabia by. Saudi Arabia has led efforts to bring Syria in from the cold and tried to mediate in conflicts such as those in Sudan and even Ukraine. On oil, he has made Saudi Arabia a bolder player.
Persons: LIV Golf, Cristiano Ronaldo, Ballon d’Or, Karim Benzema, Jamal Khashoggi, Prince Mohammed Bin Salman, King Salman’s, King Salman, LIV, Liberalizations, Al Hathloul, can’t, Xi Jinping, Vladimir Putin, Bashar al, Assad, Yemen’s, Putin, Xi Organizations: CNN, golf’s, Dubai, Saudi Pro League, France, Washington Post, Formula, MBS, Ritz, Saudi, Washington Locations: Saudi Arabia, Saudi, Portuguese, Istanbul, Riyadh, Mecca, Dubai, Moscow, Beijing, Ukraine, Syria, Sudan, Turkey, Syrian, Iran, Asia, Iraq, Afghanistan, Israel, Jeddah
CNN —When thousands of Egyptians marched through the streets during the Arab Spring of 2011, they had a tool at their disposal that earlier social movements didn’t: Twitter. Peter Macdiarmid/Getty Images“You can’t underestimate the impact of Twitter to social movements,” Amara Enyia, manager of policy and research for the Movement for Black Lives, told CNN. “There are now issues in how people see Twitter as a source of information and a source of political community,” said Kuo, whose research focuses on race, social movements and digital technologies. “It isn’t seen in the same way anymore.”Elon Musk's controversial policy changes at Twitter could have implications for social movements, some activists say. Twitter has been an incredibly powerful tool for social movements, Enyia said.
Persons: Michael Brown, George Floyd, Harvey Weinstein, Peter Macdiarmid, ” Amara Enyia, Elon Musk, wouldn’t, Rachel Kuo, , Kuo, ” Elon, Carina Johansen, NTB, Musk, Sarah Aoun, Aoun, Donald Trump, Marjorie Taylor Greene, ” Aoun, Linda Yaccarino, Rich Wallace, Wallace, Chandan Khanna, we’ve, ” Kuo, Enyia, it’s, Jack Dorsey, Richard Drew, , ” Enyia, don’t Organizations: CNN, Twitter, Occupy, Hollywood, Movement, Elon, University of Illinois, Getty, Intelligence, Protesters, Center, Defamation League, GOP, Equity, AP Locations: New York, Ferguson , Missouri, Cairo, Egypt, Urbana, Champaign, AFP, cybersecurity, Tahrir, Chicago
SpaceXCNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Overview: Chasing the FalconNo rocket has been better-described as a "workhorse" than SpaceX's Falcon 9. Aside from Blue Origin's New Glenn, the early theme is rockets that are close to the capability of Falcon 9 and less expensive. – CNBC, which the lawsuit says were used for NASA projects including the International Space Station and the Space Launch Systems rocket. – Firefly Aerospace: The rocket builder says the deal will bolster its launch, spacecraft, and lunar lander businesses.
Persons: CNBC's Michael Sheetz, Phil Smith, SpaceX's, Glenn, Smith, , Smith doesn't, CNBC ULA, Tory Bruno, Jeff Bezos, ULA, – Read, Shepard, Bob Smith, Jim Free, Artemis, HawkEye, – Hydrosat, Leonardo DiCaprio, – Momentus, Westinghouse EchoStar's Hughes, – EchoStar, Iris Lan, Sumara Thompson, King, Lan, – NASA Celeste Ford, Ford, – SpiderOak Melissa Quinn, Quinn Organizations: SpaceX CNBC's, SpaceX, Falcon, Boeing, NASA, CNBC, CNBC Department of Defense, Ukraine, Starlink, Pentagon, , Space Station, Systems, CNBC SpaceX, Cargo, International Space, FAA, Intelsat, Japan Airlines, Embraer, – Intelsat, Rocket, ONE, Washington, Spaceflight, Aerospace, Aerospace Spacecraft, York, MaC Venture Capital, Broom Ventures, Veto, TechCrunch Viasat, Air Force, Viasat, Westinghouse, U.S . Department of Justice, – NASA, Ford, Stellar Solutions Locations: Florida, China, Russia, Colorado, Ukrainian, Bellevue , Washington, Cortado, Cornwall
That could necessitate a second round of debt restructuring eventually at some of the developers, they said. Private developers have been in turmoil since mid-2021 following a crackdown on debt levels by Beijing that ensnared China Evergrande Group (3333.HK), then the No.2 developer, and eventually spread in the sector. Evergrande and Sunac China (1918.HK) are the most prominent among the handful of companies that have announced their offshore debt restructuring terms so far. More are expected to do so in the coming months, which will also include terms such as longer maturity extensions, lower coupons, and converting some debt into equity, developers and advisers said. Moreover, the private developers are staring at lower potential future revenues as they are unable to build on their land banks due to their precarious financial positions.
BEIJING, May 18 (Reuters) - Beijing's special envoy noted there was no panacea to the war in Ukraine during a visit to Kyiv earlier this week, but urged all parties to create conditions for peace talks, China's foreign ministry said on Thursday. Ukraine's foreign minister told Li on Wednesday that Kyiv would not accept any proposals to end the war that involved losing territory or freezing the conflict, the Ukrainian foreign ministry said. Li, who is a former ambassador to Russia, will also visit Poland, France, Germany and finally Russia during a multi-day trip. He is the most senior Chinese official to visit Ukraine since Russia invaded in February 2022. During Li's visit to Kyiv, bilateral relations were also discussed, and both sides agreed to work to maintain mutual respect and keep moving forward with mutually beneficial co-operation, China's foreign ministry said.
China said it's willing to help bring about a cease-fire in Ukraine, but said "there is no panacea to resolve the crisis," as it called on Russia and Ukraine to come to the negotiating table. China said it's willing to help bring about a cease-fire in Ukraine, but said "there is no panacea to resolve the crisis," as it called on Russia and Ukraine to come to the negotiating table. Li met with Ukraine's President Volodymyr Zelenskyy during the visit, as well as other ministers, including Foreign Minister Dmytro Kuleba. China tends to call the war in Ukraine a "crisis" and has refused to condemn Russia's unprovoked invasion, remaining close to its ally Moscow throughout the war. It insisted that "China has always played a constructive role in its own way to ease the humanitarian situation in Ukraine and will continue to provide assistance to Ukraine within its capabilities."
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