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☆ Chile's LATAM airline sees 2023 revenue taking off, up at least 15%
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +1 min

Jan 19 (Reuters) - LATAM Airlines, South America's largest carrier, sees double-digit revenue growth this year, according to company guidance published in a statement on Thursday, as many airlines chart a more profitable future amid pent up demand from travelers. The airline also forecast 2023 growth of around a fifth for passenger and cargo operations for this year. The airline's financial net debt, however, is seen ticking up to between $6.1 billion-$6.2 billion this year, compared to some $5.5 billion in red ink estimated for 2022. LATAM, born from the 2012 merger of Chile's LAN with Brazilian rival TAM, operates units in Chile, Brazil, Colombia and Peru. Reporting by Valentine Hilaire and Carolina Pulice; Editing by David Alire Garcia and Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

☆ NHL roundup: Connor McDavid lifts Oilers over Lightning
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +8 min

The Lightning received a goal and an assist from Brayden Point, and Brandon Hagel and Steven Stamkos scored. Victor Hedman posted two assists while Andrei Vasilevskiy stopped 28 shots but lost for the first time in five games. Kyle Connor scored for the Jets, who lost for the third time in their past 11 games. Matthew Tkachuk, who leads Florida with 24 goals, scored twice with the man advantage. Colton Sissons and Mattias Ekholm scored for the Predators, whose two-game win streak came to an end.

☆ In Mexico, ancient Zapotec tombs reveal colorful murals depicting war
▼ + stars: | 2023-01-19 | by ( David Alire Garcia | ) www.reuters.com time to read: +2 min

Mexico's National Institute of Anthropology and History/Handout via REUTERSMEXICO CITY, Jan 19 (Reuters) - Brightly-painted Zapotec murals invoking warfare recently unearthed from tombs in southern Mexico may date back nearly 2,000 years, officials said late on Wednesday of the find that sheds new light on the ancient civilization's funerary rites. Some of the latest murals were partially reconstructed from fragments originally found on the tomb floors, according to INAH. Two of the tombs were found completely intact, with further study of the human remains expected. In one crypt, some 240 objects were found, including stucco pieces with Zapotec writing, INAH said. The Zapotecs were contemporaries of the ancient Maya, with both cultures known for their elaborate writing, among the world's first-ever literary traditions.

☆ Former Indian central bank governor says a soft landing will be 'very hard' for the Fed
▼ + stars: | 2023-01-19 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Rajan Raghuram at Jackson Hole, Wyoming August 24, 2018. David A. Grogan | CNBCThe U.S. Federal Reserve will find it "very hard" to engineer an economic soft landing after its cycle of aggressive interest rate hikes, according to former Reserve Bank of India Governor Raghuram Rajan. After a string of promising data releases indicated softening inflation, markets believe that the central bank is ready to ease its foot off the brake. Fed officials have emphasized that the fight to bring inflation back towards the FOMC's 2% target is not over. "As they celebrate, it does the opposite of what the Fed wants, it loosens financial conditions quite a bit.

☆ Mexican president defends bid to move cargo from longstanding hub to new airport
▼ + stars: | 2023-01-19 | by ( Kylie Madry | ) www.reuters.com time to read: +2 min

"An agreement is being reached between the directors of the two airports, with customs, with everyone," Lopez Obrador said in a regular news conference. The draft decree, which was sent by the president and published on a government regulatory body's website, would halt all cargo flights out of the Benito Juarez International Airport, the busiest airport in the country. Lopez Obrador said the government was not seeking to make the change "by force" and that it was looking to have buy-in from cargo operators. Lopez Obrador said cargo flights would be moved due to lack of space at the hub. Experts, however, warn that moving cargo flights to the facility could snarl supply chains.

☆ A Tesla owner says he knows people who tie weights to the steering wheel to trick the system into thinking they are actively driving
▼ + stars: | 2023-01-18 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +3 min

A Tesla feature monitoring if drivers are holding the wheel can be tricked with weights, users say. Tesla's Autopilot requires constant human supervision, as it can't handle all driving situations. Elon Musk's automaker released its much discussed Autopilot system in 2015, and Teslas have since found themselves in all sorts of crashes. But the monitoring system can be tricked, and that's been the case for years. The company is expected to release the latest full self-driving software later this month, though it is unclear whether it will liberate seasoned Tesla drivers from having to regularly apply pressure to the steering wheel.

Japan's 10-year bond yield, trading at 0.4%, fell on Wednesday but is not far off its highest levels since 2015. Total holdings of foreign bonds by Japanese institutional investors, excluding Japan's $1 trillion reserve portfolio, reached $3 trillion at their peak. GOING HOMEThe implications of higher inflation and a possible end to ultra-low rates are not lost on Japanese investors. Still, anticipating a shift, Japanese investors sold a net 2.1 trillion yen ($15.94 billion) of foreign bonds in December, marking a fourth straight month of selling. According to Nomura, Japanese investors have been far more active buyers of global and overseas equities than domestic stocks in the last decade.

☆ NBA roundup: Nuggets best Blazers on Nikola Jokic's triple-double
▼ + stars: | 2023-01-18 | by ( ) www.reuters.com time to read: +4 min

Damian Lillard scored 44 points -- the third time in four games he put up 40 or more -- for the Trail Blazers, who have lost eight straight road games. The Sixers topped 110 points for the 15th consecutive game, doing so even with James Harden limited to six points on 1-of-6 shooting. Terance Mann and Ivica Zubac each scored 12 points for the Clippers, who finished 2-3 in a run of five consecutive home games. Bobby Portis recorded his 27th double-double of the campaign with 12 points and 12 rebounds for Milwaukee, which played its fourth consecutive game without Giannis Antetokounmpo (knee). Brooklyn took its third straight loss despite getting a triple-double -- 10 points, 10 rebounds and 11 assists -- from Ben Simmons.

☆ How China planted an FBI mole who was discovered only after gutting the CIA's vast spy network
▼ + stars: | 2023-01-18 | by ( James Bamford | ) www.businessinsider.com time to read: +25 min

At the time, four years after the handover from Britain to China, much of Hong Kong remained a world of neon and noise. "Five years ago, everyone looked down on you if you spoke Mandarin," said a Beijing executive living in Hong Kong. As soon as the Hong Kong Arts Festival ended, the Hong Kong International Film Festival began. In February 2006, Alex Ma, China's mole in the FBI, sent David photos he received from his handlers of five suspected human sources. Born in Hong Kong like Alex, Lee grew up in Hawaii and became a naturalized U.S. citizen.

☆ Mexican mayor doubles down on accusation of alleged femicide cover-up
▼ + stars: | 2023-01-17 | by ( Sarah Morland | ) www.reuters.com time to read: +3 min

She also called for the prosecutor's office to be sanctioned, without elaborating further. The case highlights Mexico's longstanding problem with deadly violence against women, including femicide, or the murder of women or girls on basis of their gender. Federal prosecutors on Monday issued an expert opinion concluding Lopez died from a blow to the head, saying they could not support the assessment of the Morelos prosecutor's office. The prosecutor's office in Morelos told Reuters on Tuesday denied cover-up allegations, adding it was up to the judicial system to decide which autopsy should prevail. The federal prosecutors advised that a criminal investigation should continue under Mexico City authorities.

☆ Ancient Maya cities, 'super highways' revealed in latest survey
▼ + stars: | 2023-01-16 | by ( ) www.reuters.com time to read: +2 min

It is the latest discovery of roughly 3,000-year-old Maya centers and related infrastructure, according to a statement on Monday from a team from Guatemala's FARES anthropological research foundation overseeing the so-called LiDAR studies. All of the newly-identified structures were built centuries before the largest Maya city-states emerged, ushering in major human achievements in math and writing. LiDAR technology uses planes to shoot pulses of light into dense forest, allowing researchers to peel away vegetation and map ancient structures below. Among the details revealed in the latest analysis are the ancient world's first-ever extensive system of stone "highways or super-highways," according to the researchers. Reporting by Sofia Menchu and David Alire Garcia, editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

☆ Biden documents bungle seen as political black eye before 2024 launch
▼ + stars: | 2023-01-14 | by ( Jeff Mason | ) www.reuters.com time to read: +3 min

"It basically ... is a huge gift to Trump," said David Axelrod, a former political adviser to President Barack Obama. Axelrod said the latest developments were an "embarrassment" because Biden criticized his predecessor after the FBI found classified government documents during a court-ordered search of Trump's Florida resort. The White House has promised to cooperate with the Department of Justice investigation and says the documents were inadvertently misplaced. In September Biden called Trump's handling of classified documents "totally irresponsible." "This is a distraction for the White House right when they were starting to gain some momentum," said Alex Conant, a Republican strategist and former spokesman for Republican President George W. Bush.

☆ Miss El Salvador dons golden bitcoin outfit at beauty pageant
▼ + stars: | 2023-01-13 | by ( Isabel Woodford | ) www.reuters.com time to read: +2 min

[1/3] Alejandra Guajardo, Miss Universe El Salvador 2022 poses on stage in an outfit inspired by the country's use of Bitcoin, and previously the colón and cocoa beans as a currency, during the 71st Miss Universe National Costume Show at the Ernst N. Morial Convention Center in New Orleans, Louisiana, U.S. January 11, 2023. Jan 13 (Reuters) - A Miss Universe contestant from El Salvador strutted onto stage this week wearing a bitcoin-inspired gold bodysuit, a glittering tribute to her country becoming the world's first to adopt the crypto-currency as legal tender two years ago. Designed by fellow Salvadoran Francisco Guerrero for the "national costume" stage of the competition, the currency-themed outfit includes a staff topped with a golden bitcoin and a huge colon coin strapped to her back ringed by cacao beans. Guajardo's costume caught the attention of the online Bitcoin community on Thursday, with many pledging their support and rooting for her victory. Reporting by Isabel Woodford; Editing by David Alire Garcia and David GregorioOur Standards: The Thomson Reuters Trust Principles.

☆ Peru's chief prosecutor launches probes into protest deaths
▼ + stars: | 2023-01-13 | by ( Marco Aquino | ) www.reuters.com time to read: +2 min

[1/3] People walk while carrying the coffin of a person who died in violent clashes earlier this week, ignited by the ouster of leftist President Pedro Castillo, in Juliaca, Peru January 11, 2023. The controversial ouster of leftist former President Pedro Castillo last month triggered the unrest, which has claimed the lives of at least 41 civilians and one police officer. Human rights groups accuse police and soldiers of using excessive force, including live ammunition and dropping tear gas from helicopters, while security forces say protesters, mostly in Peru's southern Andes, have used homemade weapons and explosives against them. Many of the angry and sometimes violent protests have played out in key southern mining regions, but on Thursday thousands marched through the streets of Lima demanding the closure of Congress and Boluarte's resignation. Reporting by Marco Aquino; Editing by David Alire Garcia and Josie KaoOur Standards: The Thomson Reuters Trust Principles.

☆ Glencore copper mine in Peru struck by vandals, cars torched
▼ + stars: | 2023-01-12 | by ( Marco Aquino | ) www.reuters.com time to read: +2 min

LIMA, Jan 12 (Reuters) - Vandals attacked Glencore's (GLEN.L) Antapaccay copper mine in Peru on Thursday, the country's top mining official said, amid a deepening political crisis marked by violent protests that have broken out near major mines in the southern Andes. Peru is the world's second-biggest copper producer, and is currently in the throes of the worst civil unrest in years. A major tin mine located in the southern Puno region, where some of the fiercest anti-government protests have played out, also announced it temporarily halted its mining operations. The Antapaccay mine is one of the largest in Peru, and has tussled with the local community in the past. Later on Thursday, miner Minsur said it was temporarily suspending operations at its San Rafael mine, one of the largest tin mines in the world.

But even Democrats acknowledge the issue will give the new GOP-controlled House a fresh line of attack against the White House and may help Trump neutralize or counteract one of the most potent charges against him. And of course, the FBI investigation into classified documents on former Secretary of State Hillary Clinton’s private email server may have sunk her 2016 presidential campaign. Recent polls show most Americans have little interest in Congress investigating Biden and are more likely to trust him over Trump or the new Congress. “I think House Republicans have tied themselves into knots already,” Petkanas added, noting GOP lawmakers have downplayed Trump’s documents. James Comer said Trump’s documents are not 'a priority.’ So how can they with a straight face say that the Biden documents have legs but Trump’s do not?”

Silbert is the founder of Digital Currency Group (DCG), a crypto conglomerate that includes the Grayscale Bitcoin Trust and trading platform Genesis. Winklevoss, along with his brother Tyler, co-founded Gemini, a popular crypto exchange that, unlike many of its peers, is subject to New York banking regulation. Winklevoss and Silbert were linked through an offering called Earn, a nearly two-year-old product from Gemini that promoted returns of up to 8% on customer deposits. With Earn, Gemini loaned client money to Genesis for placement across various crypto trading desks and borrowers. Silbert has avoided responding directly to Winklevoss' latest accusation, though the company has taken up his defense.

☆ Detained Nicaraguan Catholic bishop, Ortega critic to face trial
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +2 min

MANAGUA, Jan 10 (Reuters) - A prominent Catholic bishop in Nicaragua who has sharply criticized authoritarian President Daniel Ortega will go to trial while under house arrest, a judge ruled on Tuesday, in the latest clamp down on dissent in the country. Human rights organizations accuse Ortega's government of persecuting the Catholic Church. Another prominent cleric, Bishop Silvio Baez, is in exile in the United States along with a number of other priests who have fled. The president has accused Catholic leaders of trying to overthrow him in a "coup" following anti-Ortega street protests that began in 2018. But as tensions have intensified, Ortega officials have expelled Catholic nuns and missionaries and shuttered more than a dozen Catholic radio and television stations.

☆ Real Madrid slump to 2-1 defeat at Villarreal as Moreno shines
▼ + stars: | 2023-01-07 | by ( ) www.reuters.com time to read: +3 min

[1/3] Soccer Football - LaLiga - Villarreal v Real Madrid - Estadio de la Ceramica, Villarreal, Spain - January 7, 2023 Villarreal's Gerard Moreno scores their second goal from the penalty spot REUTERS/Pablo MoranoJan 7 (Reuters) - Real Madrid suffered a 2-1 defeat at Villarreal on Saturday after a goal and assist from striker Gerard Moreno, giving leaders Barcelona a chance to move ahead in the title race. Real stay second, level on 38 points with Barca who visit fourth-placed Atletico Madrid on Sunday, while Villarreal's third straight league win moves them up to fifth spot. Yeremy had the best chance of the first half after he was played through on goal by Moreno, but Thibaut Courtois was quickly off his line to block the shot. Madrid grew into the game following Villarreal's goal, with Benzema and Vinicius continuing to orchestrate the champions' attacking efforts. Moreno converted after Madrid's protests had calmed down, sending Courtois the wrong way to put his side back in the lead.

☆ The Pool of Siloam, where the Bible says Jesus healed a blind man, will be open to the public for the first time in nearly 2,000 years
▼ + stars: | 2023-01-07 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

The Pool of Siloam will be fully excavated and open to the public for the first time in almost 2,000 years. The New Testament says it is where Jesus performed the miracle of healing a blind man. The pool originally functioned as part of Jerusalem's ancient water system, later becoming a site of religious significance for ancient Jewish people. A water company carrying out infrastructure work for a sewage pipe accidentally discovered steps to the pool, Israeli authorities said in the statement. Moshe Lion, Jerusalem's mayor, described the Pool of Siloam in a statement as "a site of historic, national, and international significance."

☆ Moving to Florida could save you on taxes — but cost more overall
▼ + stars: | 2023-01-04 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Many Americans have seen the lack of a state income tax as a way to get ahead financially. Many have also been drawn there because it's one of nine states with no state income tax, which could potentially save them thousands of dollars per year. Despite the lack of an income tax, Florida has higher sales and property taxes than some of its peers, and due to Florida law, newcomers are seeing higher property tax increases than longstanding residents. Before moving to the Sunshine State, it's worth considering how Florida's cost of living compares to where you live now, and to your potential employment opportunities. Indeed, the lack of an income tax is a major financial perk for Floridians.

☆ The ultimate insider's guide to the dramatic downfall of Sam Bankman-Fried, Caroline Ellison, and FTX
▼ + stars: | 2023-01-01 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +11 min

Sam Bankman-Fried is facing criminal charges and is expected to enter a plea on Jan. 3. Read Insider's coverage of Bankman-Fried:FTX founder Sam Bankman-Fried gets by on 4 hours' sleep and multitasks on 6 screens. Now hit with 7 criminal charges, Ellison has pleaded guilty and expressed contrition before the New York federal court presiding over the criminal cases involving Bankman-Fried. Sam Bankman-Fried is in jail, but legal watchers are wondering: Where's ex-girlfriend Caroline Ellison? Sam Bankman-Fried hit with 8 criminal charges, including fraud and conspiracy for allegedly 'misappropriating' FTX customer fundsThe SEC has charged Sam Bankman-Fried and accused him of 'orchestrating a massive, years-long fraud'The criminal charges against Sam Bankman-Fried carry big penalties and jail time if proven, legal experts sayRead the CFTC complaint against FTX's Sam Bankman-Fried and his associates Caroline Ellison and Gary WangThe charges against Caroline Ellison, SBF, and FTX cofounder Gary Wang — in 60 seconds

☆ NHL roundup: Wings escape 4-goal hole, top Pens in OT
▼ + stars: | 2022-12-29 | by ( ) www.reuters.com time to read: +4 min

Dylan Larkin, Joe Veleno, Jonatan Berggren and David Perron also scored and Lucas Raymond had two assists for the Red Wings, who won their second straight game. In Tampa Bay's fifth straight home victory, Alex Killorn and Brandon Hagel tallied while Victor Hedman had two assists. Flames 3, Kraken 2Jonathan Huberdeau scored the tiebreaking goal with eight minutes remaining as Calgary won at Seattle. Adam Henrique scored two goals for Anaheim, the 25th multi-goal game of his career, while Terry and Zegras each assisted on both goals. Mark Stone and Ben Hutton scored for the Golden Knights, who lost consecutive road games for the first time this season.

Critically, experts say, nothing that's transpired in the crypto market in 2022 undermines the inherent value of the blockchain. "So while this has been a shock to the market, a lot of people in the space remain sanguine about the future of blockchain technology." He said stock trading, buying and selling real estate, and borrowing and lending money remain ripe for disruption by blockchain technology. "The ethereum blockchain could turn out to be this major infrastructure layer for the future of technological services," Abner said. He said prospective crypto users must prepare for a steep learning curve going forward, because it ultimately involves trusting only yourself to be in charge of your assets.

☆ Mexico's newest oil refinery now seen working at half capacity in mid-2023
▼ + stars: | 2022-12-24 | by ( Adriana Barrera | ) www.reuters.com time to read: +2 min

The Olmeca oil refinery, being built next to the Dos Bocas port, is set to be Pemex's eighth when it comes on line. It is key to Mexican President Andres Manuel Lopez Obrador's plan to make the country self-sufficient in gasoline and diesel, ending longstanding heavy dependence on imports, mainly from U.S. refiners. By September 15, the day before Mexican Independence Day, it would process its full capacity of 340,000 bpd and yield 280,000 bpd of gasoline and diesel, Lopez Obrador said, posting on Twitter. The Olmeca refinery has been one of the leftist president's signature public works projects since he took office in late 2018. Reporting by Adriana Barrera; Writing by David Alire Garcia; Editing by Bradley PerrettOur Standards: The Thomson Reuters Trust Principles.

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