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The Israeli military said it had not agreed to a ceasefire and would continue its operations outside of localized humanitarian pauses. Patel said those fleeing their homes should have the ability to return, but said Washington does not have control or jurisdiction over the areas in question. "Those now in the south must have every ability to return to the north when that is safe to do." Hamas gunmen from Gaza burst through the border to Israel on Oct. 7 and killed 1,400 people, Israel says. Since then, more than 10,000 Palestinians have been killed in a relentless bombardment of the Gaza Strip - home to 2.3 million - by Israeli forces, say Palestinian health officials in Gaza.

Persons: Evelyn Hockstein, Vedant Patel, Patel, David Satterfield, Antony Blinken, Satterfield, Simon Lewis, Humeyra Pamuk, Daphne Psaledakis, Daniel Wallis Organizations: REUTERS, Rights, United, State Department, Middle East, West Bank, Thomson Locations: Israel, Gaza, United States, U.S, Washington, Gaza . U.S

☆ Italy, France and Germany agree on launches of Ariane 6 and Vega-C
▼ + stars: | 2023-11-06 | by ( Giuseppe Fonte | ) www.reuters.com time to read: +2 min

A worker of Ariane Group stands in front of a Ariane 6 rocket's Vulcain 2.1 engine, prior to the visit of French President Emmanuel Macron, in Vernon, France January 12, 2021. Christophe Ena/Pool via REUTERS/File Photo Acquire Licensing RightsROME, Nov 6 (Reuters) - Italy, France and Germany on Monday have reached a deal underpinning future launches of the delayed Ariane 6 and Avio's (AVI.MI) smaller Vega-C rockets, Italy's industry minister said. The smaller Vega-C has been grounded since Dec. 22 after a failed launch. Italy has been campaigning for the rocket to be marketed separately from ArianeGroup subsidiary Arianespace, which currently sells and operates all major European launches. The three-way agreement was signed during a European Space Agency (ESA) ministerial meeting in Seville, Spain.

Persons: Emmanuel Macron, Christophe Ena, Safran, Urso, Arianespace, Josef Aschbacher, Giuseppe Fonte, Cristina Carlevaro, Federico Maccioni, Tim Hepher Organizations: Ariane, Rights, Airbus, Space Agency, ESA, Soyuz, Thomson Locations: Vernon, France, Italy, Germany, Europe, Vega, Milan, Avio, Seville, Spain, Ukraine

☆ US stocks climb as investors look to continue momentum after best trading week of the year
▼ + stars: | 2023-11-06 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

US stocks climbed as traders tried to keep the rally going following the best week of 2023. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementUS stocks traded higher Monday after each of the major indexes recorded their strongest weekly performances of the year last week. "We think last week's rally in stocks was mainly a function of the fall in back-end Treasury yields," Wilson wrote in a Monday note.

Persons: Morgan Stanley, —, Mike Wilson, Wilson, JPMorgan's Marko Kolanovic, Kolanovic Organizations: JPMorgan, Service, Federal Reserve, Dow Jones, Nasdaq

☆ Guns rights and domestic violence protections collide at US Supreme Court
▼ + stars: | 2023-11-06 | by ( Andrew Chung | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +6 min

A group among hundreds of supporters of gun control laws rally in front of the US Supreme Court as the justices hear the first major gun rights case since 2010, in Washington, U.S. December 2, 2019. The law at issue makes it a crime for a person under a domestic violence restraining order to have a gun. And in this case, many gun rights groups and conservative or libertarian legal scholars support Rahimi's challenge, while many liberal and gun safety organizations oppose it. The Supreme Court will hear an appeal by President Joe Biden's administration of a ruling by the 5th U.S. It also emphasized that a gun's presence gun substantially increases the chances that a domestic violence incident turn deadly.

Persons: Andrew Chung, Phil Sorrells, they're, Sorrells, Zackey Rahimi, George Mocsary, Joe Biden's, Donald Trump's, Rahimi, Eve Brensike Primus, Primus, Will Dunham Organizations: US, Court, REUTERS, U.S, Supreme, Republican, University of Wyoming, Circuit, Appeals, New York, University of Michigan Law, Thomson Locations: Washington , U.S, New Orleans, Tarrant County, Texas, United States, New York, Republican Texas

☆ Billionaire VC Vinod Khosla was one of the first investors in OpenAI. Now he thinks most AI startups have become way overvalued.
▼ + stars: | 2023-10-24 | by ( Ben Bergman | ) www.businessinsider.com time to read: +5 min

Instead of AI, Khosla says he is "making lots of fundamental investments in esoteric areas." Funding for AI companies climbed 27% globally in the third quarter compared to the year before even as overall deals for startups fell 31%, according to PitchBook data compiled for Bloomberg. (seeking a valuation of more than $5 billion), Hugging Face ($4.5 billion valuation) or Adept (reported $1 billion valuation). The firm invested earlier this year in Replit, a generative AI tool for software development, at a $1.16 billion post-money valuation. There is also OpenAI itself, which arguably has benefited as much as any startup from the AI hype.

Persons: OpenAI, Vinod Khosla, Khosla, Kleiner Perkins Caufield, Byers, Kleiner Perkins, – Khosla Organizations: Khosla Ventures, Sun Microsystems, AMD, Juniper Networks, Forbes, Street, Tech, Bloomberg, Anthropic Locations: Silicon Valley, Laguna Beach, Replit

☆ AOC says 'anti-Semitic' Christian fundamentalism in the US is partially to blame for the Israeli-Palestinian conflict
▼ + stars: | 2023-10-12 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

AOC is naming Christian fundamentalism as a key driver of conflict between Israel and Palestine. AdvertisementAdvertisementRep. Alexandria Ocasio-Cortez of New York is naming Christian fundamentalism as a key driver of the ongoing conflict between Israel and Palestine, pointing to recent US actions in the region. "In the United States of America, Christian fundamentalism and nationalism — which has also been extremely anti-Semitic — has also aligned itself with some of the most right-wing and authoritarian and inflammatory powers in the region." "The country that is Israel today is not the Israel of the Bible," said Ocasio-Cortez. "The country that is Israel today was established in this century."

Persons: —, Alexandria Ocasio, Cortez, It's, it's, Donald Trump, Trump, Christ —, Sen, Bernie Sanders, Israel Organizations: Service, Democratic, American Jewish Committee, Republican Party, Zionist Locations: Israel, Palestine, Jerusalem, Alexandria, Cortez of New York, New York, Cortez, United States of America, Ocasio, Vermont, Gaza

☆ Europe is investigating Elon Musk's X about Israel-Hamas misinformation, violence on the app
▼ + stars: | 2023-10-12 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +3 min

Thierry Breton, the European commissioner for the internal market, said on X that the European Union's executive arm, the European Commission, is investigating whether X is complying with the Digital Services Act. The act went into effect in late August, requiring platforms that have over 45 million monthly active users in the EU to scan for and remove illegal content from their services and to detail their methodologies. Breton sent a letter to X owner Elon Musk expressing concern about the spread of disinformation and "violent and terrorist" content on the service and urging Musk to respond within 24 hours time. "We continue to respond promptly to law enforcement requests from around the world, including EU member states," X said in the letter. "At the time of receipt of your letter, we had not received any notices from Europol relating to illegal content on the service."

Persons: Elon Musk, Recep Tayyip Erdogan, Fatih Aktas, Thierry Breton, Breton, Musk, Mark Zuckerberg, Linda Yaccarino, X Organizations: Turkish, United Nations, UN, Anadolu Agency, Getty, European, European Commission, Digital Services, DSA, EC Locations: New York, United States, European, Israel

☆ Oil prices and the dollar surged in the third quarter. These ETFs can help you reset your portfolio
▼ + stars: | 2023-09-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +7 min

.DXY 1Y mountain The dollar index hit new highs for 2023 in September. "Energy equities haven't really kept up with the energy market rally," she added. The latest iShares outlook highlighted the firm's U.S. Energy ETF (IYE) as a way to play higher oil prices. Other major funds in that category include the Energy Select Sector SPDR Fund (XLE) , the Vanguard Energy Index ETF (VDE) and the Fidelity MSCI Energy Index ETF (FENY) . Investors can outsource currency market decisions in the form of managed futures ETFs, which have exposure to currency markets in addition to other asset classes.

Persons: Gargi Chaudhuri, Morgan Stanley, Sasikanth Chilukuru, It's, Chaudhuri, Todd Sohn, Sohn, Andrew Beer, Beer, You've, Anastasia Amoroso, There's, Amoroso Organizations: Texas, BlackRock, iShares, Energy, U.S . Energy, Vanguard Energy, Fidelity MSCI Energy, Wall, U.S ., Invesco DB, Fund, WisdomTree Bloomberg, Investors, Global, Apple, Nvidia Locations: U.S, Saudi Arabia, DBi, Japan

What began as tentative support for legislative reforms and congressional power to decriminalize abortion has swelled into the so-called green wave, a political movement for abortion rights. In 2022, Colombia’s Constitutional Court issued a sweeping judgment that decriminalized abortion until 24 weeks of pregnancy. This is because criminalization denies more than access to a single health care service; it carries broader social harms. In Brazil, abortion criminalization betrays the constitutional promise of universal care. In Brazil, Black and brown women, poor and young women and women from the most vulnerable regions of the country are more likely to have abortions, to be arrested for having them and to die from them.

Persons: criminalization Organizations: Mexico’s, World Health Organization Locations: Colombia’s, Brazil

☆ US dollar has a 'powerful set of fundamentals', says Nomura
▼ + stars: | 2023-09-21 | 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 EmailUS dollar has a 'powerful set of fundamentals', says NomuraAndrew Ticehurst of Nomura expects U.S. dollar strength to remain in the near term, and believes intervention risk is growing for the Japanese yen as it weakens against the USD.

Persons: Nomura Andrew Ticehurst Organizations: Nomura, U.S

☆ US homebuyers are waiting for the Fed to start cutting interest rates. Here's when 9 experts say it's going to happen.
▼ + stars: | 2023-09-18 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Mortgage rates could decline if the Federal Reserve cuts interest rates next year. Here are nine projections from experts on when the Fed's first rate cut will come. While these factors serve as deterrents for prospective buyers, interest rates may not stay this high forever. AdvertisementAdvertisementWhile declining interest rates wouldn't directly cause mortgage rates to fall, the two tend to move in the same direction. AdvertisementAdvertisementFebruaryOn August 31, Preston Caldwell, a Morningstar senior US economist, wrote in a note that he expected the Fed to start cutting interest rates in February.

Persons: Bob Michele, J.P, —, we'll, Preston Caldwell, David Einhorn, Diane Swonk, Andrew Hollenhorst, Goldman Sachs, David Mericle, Simona Mocuta, Jeff Morton Organizations: Federal Reserve, Service, Federal, Bloomberg Television, Morgan Asset, Morningstar, KPMG, Citi, Reuters, State Street Global Advisors, DWS Locations: Wall, Silicon, North America's

Hanoi, Vietnam CNN —President Joe Biden will arrive at Chinese leader Xi Jinping’s doorstep on Sunday with a deal in hand to draw yet another one of China’s neighbors closer to the United States. “It’s not going to be easy for Vietnam, because they’re under enormous pressure from China,” the official went on. In Vietnam, it’s not only China whose influence Biden is competing with. On Monday, Biden plans to announce steps to help Vietnam diversify away from an over-reliance on Russian arms, a senior administration official said. “I think that’s a deliberate design by the Biden administration,” said Yun Sun, the China program director at the Stimson Center.

Persons: Joe Biden, Xi Jinping’s, Biden, ”, It’s, playbook, Xi Jinping, Evelyn Hockstein, ” Biden, Modi, Xi, States ’, it’s, ratchets, aggressions, Didier Marti, “ We’re, “, Biden’s, Mao Ning, Vietnam’s, Antony J, Blinken, Trung, Patricia Kim, Le Hoai, Jake Sullivan, Sullivan, ” –, General Secreatary Nguyen, Trong, Yun Sun, ’ Organizations: Vietnam CNN, White House, Korean, Getty, Saturday, Communist Party, Xinhua, China’s, Monday, Communist Party of Vietnam's, Department of State . US Department of State, Biden, Brookings Institution, Communist, NATO, Wing, Stimson Locations: Hanoi, Vietnam, United States, Philippines, China, Beijing, New Delhi, AFP, Asia, States, Russia, Moscow, India, Brazil, South Africa, –, That’s, South China, Washington, South Korea, Helsinki, Japan, Korea, Australia, United Kingdom

☆ New all-time highs are coming next year as a multi-year bull market rally kicks off, a veteran chartmaster says — and these 5 leading sectors look ready to dominate
▼ + stars: | 2023-09-03 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Late last summer, veteran technical strategist and hedge fund manager David Lundgren urged his clients to bet against US stocks. "That pile of wood is just sitting there waiting for a catalyst, and I think it's coming," Lundgren said. "It's not our job to agree with the market's assessment of the fundamentals," Lundgren said. 5 sectors with strong momentum right nowMany investors remain concerned about a possible recession, but Lundgren has learned to lean on market trends instead of his gut. Coincidentally — or not — 11 of the names were in one of the five sectors that Lundgren highlighted.

Persons: David Lundgren, who's, we're, Lundgren, isn't, MOTR, I'm, there's, Guess what's, Industrials, — Organizations: MOTR Capital Management & Research, Dow Jones Market, MOTR Capital Management, Research, Investors, Bank Locations: cyclicals

☆ Gabon military coup: What to know about the overthrow of the Bongo dynasty
▼ + stars: | 2023-08-31 | by ( Jessie Yeung | ) edition.cnn.com time to read: +9 min

International leaders have expressed concern and condemnation of the coup, some warning their citizens in Gabon to shelter in place. The military’s power grab began Wednesday, shortly after Gabon’s election authority said Bongo had been re-elected president following last weekend’s election. People celebrate following a military coup in Libreville, Gabon, on August 30. Coups in Africa were rampant in the early postcolonial decades, with coup leaders offering similar reasons for toppling governments: corruption, mismanagement and poverty, according to political analyst Remi Adekoya. The Gabon coup has been widely criticized by other African nations and in the West.

Persons: –, Ali Bongo Ondimba, Ali Bongo, Bongo, ”, president’s, Noureddin Bongo Valentin, Brice Oligui Nguema –, Bongo’s, Oligui, Gerauds Wilfried Obangome, “, Brice Oligui Nguema, there’s, Omar Bongo, Gabon's, Omar Bongo Ondimba, Nicolas Sarkozy, Frederic SOULOY, Ali Bongo’s, Remi Adekoya, Moussa Faki Mahamat, Ali, General Antonio Guterres, Guterres, Matthew Miller Organizations: CNN, Agence France, Presse, ” Residents, Bongo PDG, Reuters, Gabonese, Gabon Wednesday, African Union, ” United Nations, US State Department Locations: African, Gabon, Libreville, Ayong, Gabonese, Dakar, Senegal, Span, France, United States, Paris, Africa’s, Mali, Guinea, Burkina Faso, Chad, Niger, Tunisia, Africa, West, United Kingdom, Spain

☆ Reaction to Gabon army officers announcing coup
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +4 min

Below are reactions to what appeared to be the eighth military coup in West and Central Africa since 2020. FRENCH GOVERNMENT SPOKESPERSON OLIVIER VERAN"We condemn the military coup and recall our commitment to free and transparent elections." EU HIGH REPRESENTATIVE FOR FOREIGN AFFAIRS AND SECURITY POLICY JOSEP BORRELL"If this is confirmed, it is another military coup which increases instability in the whole region. RUSSIAN FOREIGN MINISTRY SPOKESPERSON MARIA ZAKHAROVA"Moscow has received with concern reports of a sharp deterioration in the internal situation in the friendly African country. U.N. SECRETARY-GENERAL ANTONIO GUTERRES"The Secretary-General is following the evolving situation in Gabon very closely.

Persons: Gerauds Wilfried Obangome, Ali Bongo, Moussa Faki Mahamat, BOLA TINUBU'S, Bola Ahmed Tinubu, GENERAL PATRICIA SCOTLAND, OLIVIER VERAN, WANG WENBIN, Bongo, JOSEP BORRELL, MARIA ZAKHAROVA, JOHN KIRBY, It's, GENERAL ANTONIO GUTERRES, Nellie Peyton, Sofia Christensen, Alexander Winning, Sharon Singleton, Andy Sullivan Organizations: REUTERS, Central African, AU, H.E, WEST, BLOC ECOWAS, GENERAL, Commonwealth Secretariat, MINISTRY, EU HIGH, Thomson Locations: Libreville, Gabon, West, Central Africa, Gabonese Republic, Republic, NIGERIA, African Union, CHINA, China, Central African Republic, Mali, Burkina Faso, Niger, Moscow

☆ Campaigners threaten EU with legal action over climate policy
▼ + stars: | 2023-08-24 | by ( Kate Abnett | ) www.reuters.com time to read: +2 min

The EU law in question is one of more than a dozen policies designed to reduce the bloc's net emissions by 55% by 2030 from 1990 levels. That is one of the most ambitious climate targets of any major economy, but the campaigners want it lifted to 65%. The European Commission is examining the request, a spokesperson said. "The Commission does not consider this implementing decision to be in breach of fundamental rights," the spokesperson added, referring to the EU law. All EU countries have approved the collective 55% emissions target, which is fixed into law.

Persons: Andreas Linsbauer, Andrea Millhaeusler, Arnd, Romain Didi, Didi, Kate Abnett, William Maclean, Devika Organizations: REUTERS, Rights, Environmental, European Commission, Union, EU, Reuters, European, Thomson Locations: Pontresina, Switzerland, Europe, Brussels, EU, Paris

☆ Meme-stocks make a comeback after Tupperware and bankrupt Yellow see shares jump more than 800%
▼ + stars: | 2023-08-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Meme-stocks are making a comeback as investors send shares of troubled companies higher. Tupperware and Yellow have both seen their share prices surge by more than 800% over the past week. The rallies suggest that investors are willing to take on more risk after the broader stock market moved higher. Shares of Yellow have surged as much as 1,062% from its July 27 low, while shares of Tupperware have jumped as much as 869% from its July 19 low. Despite the latest meme-stock surges, shares of Tupperware are still 73% below their 52-week high, while Yellow is 54% below its 52-week high.

Persons: Tupperware Organizations: Service, Yellow Corporation, Tupperware, Nasdaq Locations: Wall, Silicon, Tupperware

☆ Stock futures are little changed Monday evening after Dow notches 11-day rally: Live updates
▼ + stars: | 2023-07-24 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, July 19, 2023. U.S. stock futures were about flat on Monday night after the Dow Jones Industrial Average continued its longest winning streak since February 2017. While a stronger-than-expected earnings season has helped maintain the market rally, Wall Street is also carefully awaiting the Federal Reserve's policy decision on Wednesday. "We think that the economic risk and the earnings risk [are] one-sided. Wall Street will also looking at July's consumer confidence data.

Persons: Jerome Powell's, Eric Johnston, Cantor Fitzgerald's, Johnston Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Dow, Electric, General Motors, Verizon, Microsoft Locations: New York City

☆ Analysts caution expectations may be too high for Netflix heading into earnings
▼ + stars: | 2023-07-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Some Wall Street analysts are raising the alarm on Netflix ahead of the streaming company's second-quarter earnings after the bell Wednesday. NFLX YTD mountain Netflix shares since the start of 2023 "We're raising #s into the print for NFLX, but also note very high buyside expectations," wrote Wells Fargo analyst Steven Cahall. "We actually think investors would buy a pullback on the [long-term] outlook in the event NFLX has [short-term] pressure on the print (de ja vue)." Jefferies analyst Andrew Uerkwitz is also bracing for a pullback, viewing any dip on the back of earnings as a buying opportunity. Early Netflix password crackdown data boosts his confidence in the company's short-term path, he added.

Persons: Wells, Steven Cahall, Jefferies, Andrew Uerkwitz, Cahall, Uerkwitz, — CNBC's Michael Bloom Organizations: Netflix, Jefferies

☆ Indian shares pare early gains as IT stocks reverse course
▼ + stars: | 2023-07-19 | by ( Bharath Rajeswaran | ) www.reuters.com time to read: +2 min

REUTERS/Niharika Kulkarni/File photoBENGALURU, July 19 (Reuters) - Indian shares trimmed gains on Wednesday, as information technology stocks reversed early gains and offset the broad sectoral rise, ahead of the June-quarter earnings of top companies. The Nifty 50 (.NSEI) index rose 0.18% to 19,784.25, with the S&P BSE Sensex (.BSESN) in toe at 66,921.20, as of 12:56 p.m. IST. High-weightage IT stocks (.NIFTYIT) erased 0.5% gains and are on course to snap a four-day winning streak. Among individual stocks, NTPC (NTPC.NS) rose over 4%, topping the Nifty 50 after brokerage Goldman Sachs identified it as the top pick in the power sector. Several other Nifty 50 constituents, including Infosys (INFY.NS), Ultratech Cement (ULTC.NS), Reliance Industries (RELI.NS), and ICICI Bank (ICBK.NS) will report their quarterly earnings later this week.

Persons: Niharika Kulkarni, Narendra Solanki, Anand, Goldman Sachs, Bharath Rajeswaran, Sonia Cheema, Dhanya Ann Thoppil Organizations: Bombay Stock Exchange, REUTERS, BSE, TV18, U.S . Federal Reserve, Investment Services, IndusInd Bank, Hindustan Unilever, Infosys, Ultratech, Reliance Industries, ICICI Bank, Thomson Locations: Mumbai, BENGALURU, U.S, Europe, Bengaluru

☆ Here are Monday's biggest analyst calls: Apple, Netflix, Amazon, Cava, Disney, Rivian, Tesla & more
▼ + stars: | 2023-07-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley upgrades Shockwave Medical to overweight from equal weight Morgan Stanley said shares of the cardiovascular medical device company are well positioned. Jefferies reiterates Tesla as hold Jefferies raised its price target on Tesla to $265 per shar from $185 but said it's standing by its hold rating. UBS reiterates Disney as buy UBS said it's cautious heading into Disney earnings in early August, but it's sticking with its buy rating. Morgan Stanley reiterates Netflix as equal weight Morgan Stanley raised its price target on the stock to $450 per share from $350 and said the risk/reward for Netflix is balanced. Morgan Stanley reiterates Rivian as overweight Morgan Stanley said it's standing by its buy rating on the electric vehicle company. "

Persons: Estee Lauder, Wells, Fox, Morgan Stanley, Goldman Sachs, Goldman, Charles Schwab, JMP, Schwab, KBW, it's, Jefferies, Tesla, JPMorgan, Rivian, Stifel, Oppenheimer Organizations: Citi, Estee Lauder Citi, Fox News, Nvidia, company's Data, Bank of America, UBS, Disney, Netflix, Cava, JPMorgan, Apple, Weyerhaeuser, of America, Brands, Bell, KFC Locations: BlackRock, Amazon's, GMV, CAVA

☆ French government wants the power to block social media and to tap into cellphones
▼ + stars: | 2023-07-08 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +4 min

President Macron has said his government needs the authority to block social media to curb protests. First, on July 4, during a meeting with mayors, Macron suggested the government needs the authority to regulate or block social media platforms during major protests. Both left- and right-leaning lawmakers, meanwhile, characterized the comments about blocking social media made by Macron, who is considered centrist, as anti-democratic. Elsewhere in the world, social media censorship has increased in recent years. In an effort to stop people from gathering to protest COVID-19 restrictions, the Chinese government censored discussion of certain cities on social media, according to the BBC.

Persons: Macron, Emmanuel Macron, Monde, Eliska, — Organizations: Service, Police, French, Washington Post, Le Monde, Renaissance Party, Human Rights Watch, Wall Street Journal, Department of Homeland Security, Journal ., New York Times Locations: France, Wall, Silicon, Europe, Spain, Belarus, Turkey, Ukraine, Russia, San Francisco

☆ Yen weakens past key 145 per dollar level; yuan falls after China PMI data
▼ + stars: | 2023-06-30 | by ( Rae Wee | ) www.reuters.com time to read: +3 min

SINGAPORE, June 30 (Reuters) - The yen weakened past 145 per dollar on Friday, a level which kept speculators wary of potential intervention from Japanese authorities, while a faltering economic recovery in China also kept pressure on the yuan. Its renewed decline has stoked speculation that intervention by Japanese authorities could be imminent, particularly as the level of 145 per dollar first prompted them to shore up the yen in September. The onshore yuan fell to its lowest since November at 7.2615 per dollar shortly after trading opened on Friday. The Australian dollar , often used as a liquid proxy for the yuan, slipped 0.12% to $0.6608. The dollar index steadied at around 103.33 and was heading for a gain of about 0.7% in the second quarter.

Persons: Saktiandi Supaat, Maybank's Supaat, Carol Kong, Sterling, Elwin de Groot, Rae Wee Organizations: Bank of Japan's, People's Bank of China, New Zealand, U.S, U.S . Federal Reserve, Commerce Department, Commonwealth Bank of Australia, Bank of England, Central Bank, Rabobank, Thomson Locations: SINGAPORE, China, Asia, Tokyo, U.S

☆ Yen weakens past key 145 per dollar level as yuan falls after China PMI data
▼ + stars: | 2023-06-30 | by ( ) www.cnbc.com time to read: +3 min

The yen weakened past 145 per dollar on Friday, a level which kept speculators wary of potential intervention from Japanese authorities, while a faltering economic recovery in China also kept pressure on the yuan. Its renewed decline has stoked speculation that intervention by Japanese authorities could be imminent, particularly as the level of 145 per dollar first prompted them to shore up the yen in September. The onshore yuan fell to its lowest since November at 7.2615 per dollar shortly after trading opened on Friday. The Australian dollar , often used as a liquid proxy for the yuan, slipped 0.12% to $0.6608. The dollar index steadied at around 103.33 and was heading for a gain of about 0.7% in the second quarter.

Persons: Saktiandi Supaat, Maybank's Supaat, Carol Kong, Sterling, Elwin de Groot Organizations: Bank of Japan's, People's Bank of China, New Zealand, U.S, U.S . Federal Reserve, Commerce Department, Commonwealth Bank of Australia, Bank of England, Central Bank, Rabobank Locations: China, Asia, Tokyo, U.S

☆ Trading legend Art Cashin is skeptical of the sentiment-driven rally and warns a 'bump in the road could turn out to be a landmine'
▼ + stars: | 2023-06-30 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

The current market upswing is largely sentiment driven, Wall Street trading legend Art Cashin said. "Short of going absolutely parabolic, this has been some dramatic, pyrotechnic run on this rally." "I think, short of going absolutely parabolic, this has been some dramatic, pyrotechnic run on this rally." Asked if there's an "unknown unknown" that could undo the rally in the second half of the year, he said that's possible. "Sentiment is so great that a bump in the road could turn out to be a landmine," Cashin said, later adding, "so far the trend is going.

Persons: Art Cashin, —, Cashin, Jerome Powell Organizations: Wall Street, Service, Nasdaq, UBS, CNBC, Nvidia, Apple, Federal Reserve

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