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☆ Putin: Sanctions could hurt Russia's economy
▼ + stars: | 2023-03-30 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —President Vladimir Putin has conceded that Western sanctions designed to starve the Kremlin of funds for its invasion of Ukraine could deal a blow to Russia’s economy. “The illegitimate restrictions imposed on the Russian economy may indeed have a negative impact on it in the medium term,” Putin said in televised remarks Wednesday reported by state news agency TASS. It is a rare admission by the Russian leader, who has repeatedly insisted that Russia’s economy remains resilient and that sanctions have hurt Western countries by driving up inflation and energy prices. Putin said Russia’s economy had been growing since July, thanks in part to stronger ties with “countries of the East and South,” likely referring to China and some African countries. Russia’s economy has showed surprising resilience to unprecedented sanctions imposed by the West, including an EU ban on most imports of oil products.

☆ World stocks gyrate as bank contagion fears bite
▼ + stars: | 2023-03-24 | by ( Koh Gui Qing | ) www.reuters.com time to read: +5 min

"The growing sense of unease about the global banking system is heightening volatility in stock markets around the world," said Nigel Green, chief executive of deVere Group, a financial advisor. The failure of U.S. regional banks Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O) this month triggered fears of a banking contagion and prompted U.S. Treasury Secretary Janet Yellen on Thursday to pledge action to safeguard bank deposits. JP Morgan Chase (JPM.N) dropped 1.52%, the S&P 500 banks index (.SPXBK) was down 0.33%, while the KBW regional bank index (.KRX) climbed 2.92%. "I don't expect this volatility (in bank stocks) to subside anytime soon," said Peter Doherty, head of investment research at private bank Arbuthnot Latham in London. Doherty said issues of "contagion risk within the U.S. banking sector" were undoubtedly weighing on appetite for bank stocks elsewhere.

☆ MediaMath seemed destined for a $1B fairy-tale exit. Instead, most early investors got nothing.
▼ + stars: | 2023-03-01 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +19 min

At its Halloween party in 2015, the adtech startup MediaMath seemed on the brink of greatness. The machine-learning revolution that took over the financial industry was finally happening in marketing, and many industry insiders considered MediaMath to be the hottest adtech company of the time. "We never came close to consummating such a deal with MediaMath nor entertained the purported valuation," said a representative for Singtel. The Trade Desk, the most comparable independent DSP company to MediaMath, was riding high after its 2016 initial public offering. The quasi-equity agreement was structured to protect Searchlight if MediaMath didn't perform to certain quotas or if things went south financially.

This is causing flight delays and cancellations. We regret the inconvenience this is causing our passengers,” Lufthansa said on Twitter. Lufthansa owns carriers Austrian Airlines, Brussels Airlines, Eurowings and Swiss. In a separate statement on its website, Lufthansa recommended that passengers in Frankfurt avoid traveling to the city’s airport. Passengers with domestic flights can switch to Deutsche Bahn — Germany’s national rail service — for free until Sunday, the airline added.

☆ Global air traffic may return to pre-Covid levels in June, with China leading the way
▼ + stars: | 2023-01-16 | by ( Michelle Toh | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —Global air traffic will boom this year, returning to pre-pandemic levels in June, according to a new report. On Monday, international aircraft leasing company Avolon said it expected a full recovery in passenger traffic over the coming months, led by the reopening of markets in Asia, especially China. The news has further brightened the outlook for the aviation sector, which already experienced “a 70% recovery in passenger traffic last year led by recovery in Europe and North America,” Avolon noted. Currently, global air traffic has resumed to approximately 75% of November 2019 levels, IATA said last week. “Demand for travel is no longer the constraint to recovery, but airlines’ capacity to put planes in the air,” Avolon said in its statement.

London CNN Business —The global airline industry is expected to return to profitability in 2023 for the first time in four years. In a forecast released Tuesday, the International Air Transport Association predicted that airlines will earn a net profit of $4.7 billion, despite fears of a global recession. Consumer demand for air travel has been boosted by the reopening of borders closed by the pandemic, as well as a strong US dollar that’s encouraged more Americans to travel overseas. “While we are mindful of macroeconomic headwinds, the travel industry is experiencing a counter-cyclical recovery,” Delta Air Lines CEO Ed Bastian said when delivering the company’s earnings results in October. “Global demand is continuing to ramp [up] as consumers shift spend to experiences, businesses return to travel and international markets continue to reopen.”— Chris Isidore contributed reporting.

“Spoiler Alert” opened in U.S. theaters Dec. 2. “Women Talking” opened in select U.S. theaters Dec. 2. “The Whale” opens in U.S. theaters Dec. 9. “Babylon” opens in U.S. theaters Dec. 23. “I Wanna Dance With Somebody” opens in U.S. theaters Dec. 23.

☆ Australia 'Teacher's Pet' podcast subject gets 24-year sentence for 1982 murder
▼ + stars: | 2022-12-02 | by ( Alasdair Pal | ) www.reuters.com time to read: +2 min

The cold case against Christopher Dawson was reopened after the 2018 podcast put pressure on the police to revisit their investigation. A 2003 inquest had recommended charging Dawson with his wife Lynette's murder but prosecutors declined, citing a lack of evidence. "Our system of justice and our democracy is based upon the presumption of innocence," he told media on Friday. "We respect and thank Judge Harrison for his sentence, and hope Chris Dawson lives a long life in order to serve that sentence," he told media. Dawson, now 74, claimed his wife had left him - a defence that Harrison said was fanciful.

☆ Mauna Loa Eruption Threatens a Famous Climate Record
▼ + stars: | 2022-12-02 | by ( Elena Shao | ) www.nytimes.com time to read: +9 min

420 410 400 The Keeling Curve 390 Measurements of carbon dioxide concentrations in the atmosphere from the Mauna Loa Observatory, in parts per million CO2. In the meantime, officials are contemplating flying in a generator via helicopter to the Mauna Loa observatory, which is operated by the National Oceanic and Atmospheric Administration. ISLAND OF HAWAI‘I Mauna Loa Observatory Lava flow Eruption began at Moku‘āweoweo caldera Mauna Loa Honolulu Hawai‘i Hawaiian Islands Area of detail Honolulu Hawai‘i Hawaiian Islands Area of detail ISLAND OF HAWAI‘I Mauna Loa Observatory Lava flow Eruption began at Moku‘āweoweo caldera Mauna Loa Source: Copernicus Notes: Image captured by satellite on Nov. 28, 2022. But none hold quite the same symbolism as Mauna Loa, which is home to the first and most frequently cited data. Even now, when scientists want to test new carbon dioxide monitoring equipment, “they go to Mauna Loa,” Dr. Sweeney said.

Four local chapters of the United Food and Commercial Workers (UFCW) International told Reuters they are assessing their options for lobbying and coordinated action against the deal, including potential strikes. Bryan Doherty, a spokesperson for the UFCW International, told Reuters it plans to request more information from the retailers about possible store closures and layoffs. On Monday afternoon, representatives of UFCW International met with nearly 100 local UFCW chapters on Zoom to discuss the merger and their collective response to it. Workers told Reuters that Kroger has not yet held conversations with the union to discuss the merger. Albertsons reached out to the union, offering to "keep lines of communication open," Mark Federici, president of UFCW local 400, told Reuters.

☆ Electric vehicles will become power plants on wheels by providing backup power for homes and the grid
▼ + stars: | 2022-10-13 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Electric vehicles in the coming years will be capable of powering homes and the grid. Backup power from EVs can help during storms and support electric grids strained by extreme weather. A new business unit, GM Energy, has a line of electric-vehicle chargers that can also feed power back to homes and the electric grid. "There's a value stack in EV batteries: supporting the grid, serving as backup power for your home, and also reducing greenhouse-gas emissions." The Ford F-150 Lightning also has bidirectional charging, which proved useful after Hurricane Ian pummeled southwest Florida's power grid.

☆ The UK is gripped by an economic crisis of its own making
▼ + stars: | 2022-09-29 | by ( Mark Thompson | ) edition.cnn.com time to read: +8 min

“While this is welcome, the fact that it needed to be done in the first place shows that the UK markets are in a perilous position,” said Paul Dales, chief UK economist at Capital Economics, commenting on the bank’s intervention. “It wouldn’t be a huge surprise if another problem in the financial markets popped up before long,” Dales added. The UK government should also postpone its tax cuts, El-Erian said. We look like reckless gamblers who only care about the people who can afford to lose the gamble,” one former Conservative minister told CNN. “Truss and Kwarteng are now facing a severe economic crisis as the world’s financial markets wait for them to make policy changes that they and the Conservative party will find unpalatable,” the Eurasia analysts wrote.

☆ Queen Elizabeth’s funeral marks the end of television dominance that started with her coronation
▼ + stars: | 2022-09-18 | by ( David Zurawik | ) edition.cnn.com time to read: +6 min

On social media, the queen was often discussed and, in many cases, denounced for Britain’s history of colonialism and her handling of royal scandals. CNN, for example, will start carrying live TV coverage at 5 a.m. Although Thompson expects a “very big” audience, he does not see it proportionally rivaling the 1953 the coronation. “I don’t think this funeral can possibly penetrate the global attention the way the 1953 coronation did — or even the wedding in 1981. And yet, the coronation coverage found an audience of 85 million viewers in the US, according to the BBC.

☆ Fact Check-Statue of Liberty photos do not prove sea level rise is insignificant
▼ + stars: | 2021-11-04 | by ( Reuters Fact Check | ) www.reuters.com time to read: +7 min

However, sea level rise to date has already been shown to have contributed to catastrophic damage done by storms and flooding, and accelerating sea level rise projected over the next century is expected to worsen the problem. “No one is calling the sea level rise experienced so far catastrophic, but global sea level rise has accelerated since about 1970 and will continue to accelerate until global temperatures are stabilized. Sea level rise is computed using monthly or annual averages to avoid this confusion,” he said (here). The analyses forecast accelerating sea level rise in the region, with a possible rise of about 2 feet to as much as 9 feet by 2100. Two side-by-side images of the Statue of Liberty are not evidence of the degree of sea level rise, or that sea level rise to date has had no catastrophic impact.

☆ A fost prezentată lista lungă de cărți selectate pentru International Booker Prize 2021
▼ + stars: | 2021-03-30 | by ( Onixmedia Srl | ) diez.md time to read: +4 min

A fost prezentată lista lungă de cărți selectate pentru International Booker Prize 2021Opere semnate de autoarea rusă Maria Stepanova, romancierul francez Eric Vuillard şi scriitoarea chineză Can Xue se numără printre cele 13 titluri selectate pe lista lungă a International Booker Prize 2021Prestigioasa distincţie literară recompensează cea mai valoroasă operă de ficţiune tradusă în engleză şi publicată în Marea Britanie sau Irlanda, potrivit site-ului oficial al evenimentului, citat de AGERPRES. Lista lungă a International Booker de anul acesta cuprinde romane scrise în 11 limbi şi scriitori din 12 ţări, multe dintre opere depăşind frontierele unui singur gen literar. Cu toate acestea, o temă iese în evidenţă – migraţia, durerea sa, dar şi interconexiunea fertilă a lumii moderne”, a spus preşedinta juriului, Lucy Hughes-Hallett. Premiul literar International Booker Prize este oferit anual celei mai bune cărţi scrise într-o altă limbă, tradusă în engleză şi publicată în Marea Britanie sau Irlanda. În 2020, premiul a fost câştigat de Marieke Lucas Rijneveld, din Olanda, pentru romanul „The Discomfort of Evening”.

Persons: Maria Stepanova, francez Eric Vuillard, Albert Einstein, Erwin Schrödinger, Judith Schalansky, Lucy Hughes, Aida Edemariam, Neel, George Szirtes, Karen Gernant, Chen Zeping, David Diop, Anna, Nana Ekvtimishvili, Elizabeth Heighway, Mariana, Megan McDowell, Adrian Nathan, Olga, Martin Aitken, David Doherty, Jackie Smith, Elisabeth Jaquette, Maria, Sasha, Andrzej Tichy, Eric Vuillard, Mark Polizzotti, Lucas Rijneveld Organizations: International Booker, AGERPRES, Man Booker, International Booker Prize, Gikuyu, Booker Prize Locations: francez, Britanie, Irlanda, Man, Gikuyu and, Coventry, Olanda

☆ ÎNGRIJORĂTOR. 16 cazuri noi de COVID-19 la jucătorii și membrii din Premier League
▼ + stars: | 2020-11-17 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Situație extrem de îngrijorătoare în fotbalul englez. Au fost descoperite 16 cazuri noi de coronavirus la jucătorii și membrii staff-urilor tehnice ai cluburilor din Premier League. Analizele au fost efectuate între 9 și 15 noiembrie. Este cazul egiptenilor Mo Salah și Mohamed Elneny, a irlandezului Mat Doherty, dar și a brazilianului Alex Telles.În Anglia, oficialii din Premier League efectuează săptămânal teste în rândul tuturor jucătorilor și membrilor staff-urilor tehnice, rezultatele venind în termen de 24 de ore.Probleme din aceeași cauză și la cluburile spaniole din Primera Division. Atacantul lui Atletico Madrid, Luis Suarez a fost testat pozitiv în cantonamentul naţionalei din Uruguay, înaintea meciului cu Brazilia, din preliminariile Cupei Mondiale din 2022.El va rata astfel şi meciul cu FC Barcelona, din weekend, club la care a evoluat în perioada 2014-2020.

Persons: Mo Salah, Mohamed Elneny, Mat Doherty, Alex Telles.În, Luis Suarez Organizations: Premier League, naționale.Premier League, Atletico Madrid, Cupei Mondiale, FC Barcelona Locations: englez, Alex Telles.În Anglia, Division, Uruguay, Brazilia

☆ Kate Moss’ rain boots at Glastonbury: A fashion moment to remember
▼ + stars: | 2019-06-26 | by ( Oscar Holland | ) edition.cnn.com time to read: +4 min

CNN —Remember when Kate Moss wore wellies (that’s rain boots for those outside the UK) to Glastonbury? As the historic festival once again returns to Worthy Farm, we look back at one of its most memorable fashion moments. Pete Doherty and Kate Moss are seen at the Glastonbury Music Festival 2005. But an even more profound transformation was also taking place – that of the then-struggling Hunter Boot Limited. It has since become a bona fide festival fixture, producing rainwear, outerwear and boots in all manner of colors and styles.

Persons: Kate Moss, Moss, Britain’s, fashion’s, she’d, –, Pete Doherty, MJ Kim, ”, wellies, Hunter, Rita Ora, Rihanna, Cara Delevingne, Alexa Chung, Kate Organizations: CNN, Media, Glastonbury Music, rockstar, Hunter Boot Limited Locations: Glastonbury, Somerset, Chelsea

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