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☆ How Manga Was Translated for America
▼ + stars: | 2023-07-14 | by ( Gabriel Gianordoli | Robert Ito | ) www.nytimes.com time to read: +1 min

Since manga was first introduced to the U.S. in the 1980s, American companies have wrestled with how to adapt the genre for their readers. The history of manga translation in the U.S. has been one of fits and starts, as publishers grappled with questions about how to present it to fans outside of Japan. Striking the right balance is tricky, said Frederik L. Schodt, one of the early translators of manga and the author of “Manga! : The World of Japanese Comics,” a groundbreaking work in the field of manga studies. “Readers in English should be able to enjoy the story without thinking about it being a translation,” he said.

Persons: Frederik L, ” Organizations: Comics Locations: U.S, Japan

Papperger said on Thursday that factory workers would build and repair Rheinmetall’s Fuchs armored personnel carrier — named after the German word for fox — under license in the facility. Rheinmetall (RNMBF) will operate the plant in partnership with Ukroboronprom, a Ukrainian state-owned defense group, which will also own the facility. Julian Stratenschulte/picture alliance/Getty ImagesFormer Russian President Dmitry Medvedev, a close ally of current President Vladimir Putin, has said Russia would retaliate by hitting any facility Rheinmetall set up in Ukraine, Reuters has reported. For now, Papperger said, sourcing more ammunition was a bigger priority than building more tanks. In theory, he added, Rheinmetall could provide 60% of the artillery ammunition Ukraine needs.

Persons: Armin Papperger, “, ”, Papperger, Rheinmetall’s Fuchs, ” Armin Papperger, reconditioned Marder, Julian Stratenschulte, Dmitry Medvedev, Vladimir Putin, didn’t, — Nadine Schmidt, Claudia Otto Organizations: London CNN, Rheinmetall, CNN, Rheinische Post, Ukroboronprom, Getty, Former, Reuters, NATO Locations: Berlin, London, Ukraine, Russia, Germany’s, Ukrainian, Lower Saxony, Germany, Former Russian, Russian, Europe

☆ It's not just the US: Corporate profits are keeping inflation high in Europe too
▼ + stars: | 2023-07-06 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

As inflation stays high around the world, some are increasingly blaming high corporate profits. An IMF working paper found that corporate profits account for nearly 45% of European inflation. Inflation is not solely caused by soaring profits, but the working paper finds that profits rising well above pre-pandemic trends have made their mark on European inflation. And Europe might be worse off than the US when it comes to so-called "greedflation," as inflation in the states cools off and profits play increasingly less of a role in keeping costs high. The IMF analysis finds that profits are ultimately playing a larger role in European inflation than in the US and Canada.

Persons: —, hasn't, Niels, Jakob Hansen, Frederik Toscani, Jing Zhou, Noah Sheidlower, Chris Becker Organizations: Service, International Monetary Fund Locations: IMF, Europe, Canada

☆ Euro zone inflation falls again in June as energy prices tumble
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +3 min

FRANKFURT, June 30 (Reuters) - Inflation in the euro zone extended its decline in June as the cost of fuel tumbled, more than offsetting an acceleration in prices for services, a preliminary reading showed on Friday. The data, pointing to only the smallest drop in underlying inflation, was unlikely to sway the European Central Bank, which has pencilled in a ninth consecutive rate hike for July and is eyeing one in September too. "Inflation is still high and sticky but momentum is moderating," said Frederik Ducrozet, head of macroeconomic research at Pictet Wealth Management. The euro zone unemployment rate remained at an historic low of 6.5% in May, Eurostat reported separately on Friday. Big differences remain between euro zone countries, with June headline inflation falling to as little as 1.6% in Spain and Belgium and 1.0% in Luxembourg while staying in double digits in Slovakia (11.3%) and close to them in the Baltics.

Persons: chalking, Frederik Ducrozet, Ulrike Kastens, Christine Lagarde, Neil Shah, Francesco Canepa, Catherine Evans Organizations: European Central Bank, Pictet Wealth Management, ECB, DWS . Services, Eurostat, Edison Group, Thomson Locations: FRANKFURT, Germany, Europe, Italy, Portugal, Spain, Belgium, Luxembourg, Slovakia, Baltics

“We’re looking for any kind of enemies everywhere, air, on land and on the river as well,” Captain Anton, his surname withheld for security reasons, says of his mission. It cuts through Ukraine, connecting some of its major cities — such as Kyiv, Dnipro, Zaporizhzhia and Kherson — providing water, electricity and a natural barrier against advancing armies. “The river is a strategic object,” Captain Anton says. “Our mission is to patrol the Dnipro River, since it’s prohibited to use any kind of navigation since 24th of February 2022,” Captain Anton explains. “In cases where Russia is using Shaheds, we can use (these boats) to try and strike them,” Captain Anton explains.

Persons: Captain Anton, Vasco Cotovio, Anton, “, “ We’re, ”, Anton’s Organizations: CNN, Vasco, Dnipro, NATO, US Department of Defense, Moscow, Snake, United Locations: Dnipro, Europe, Russia, Belarus, Ukraine, Kyiv, Zaporizhzhia, Kherson, United States, Washington, Russian, “, Moscow, Moskva, Ukrainian

“The main purpose of this aircraft is to support our ground forces at the front,” he explains. “I think we increase the morale of our ground forces too.”One of the main issues Kyiv’s ground forces have faced as the counteroffensive gets underway is Russian air power holding them back. "Juice" says the Ukrainian air force would be much more capable of protecting advancing ground forces if it had better aircraft. But the US now says it will train Ukrainian pilots on the aircraft, and the UK and Denmark have been pressing for more. But while Russia maintains technological superiority in the air, it’ll be very difficult for Ukrainian pilots to push Moscow’s pilots out of their skies.

Persons: Russia’s Su, Su, Oleksyi, ”, “, ” Pumba, “ They’re, it’s, Vasco Cotovio, ” Juice, Juice, they’re, Pumba, Oleksyi Reznikov, Volodymyr Zelensky, “ It’ll Organizations: Southern, Southern Ukraine CNN —, ”, Territorial Defense Brigade, NATO, CNN, Defense Locations: Southern Ukraine, Soviet, Ukraine, Russia, Vietnam, Afghanistan, Europe, Ukrainian, Moscow, “, United States, Denmark

Zaporizhzhia, Ukraine CNN —In a deserted shell of a building, a Ukrainian drone pilot blocks off his surroundings and focuses solely on the controller in his hands. During the day, the drone unit spent hours scoping out possible night-time launch sites for their mission, as well as figuring out the exact coordinates of their target. Frederik Pleitgen/CNNThey hide their vehicles and proceed a few hundreds of meters on foot, while Ukrainian and Russian forces trade artillery salvos. A successful hitAs the Ukrainian drone approaches its Russian target, the mission enters its most critical phase. Still, the men say, their job is not done just yet, not while Russian forces continue to occupy Ukraine.

Persons: ‘, ’ ”, –, ” Bankir, “, Marat, Frederik Pleitgen, they’re, ”, Vladimir Sladkov, Vladimir Rogov, they’ll, Ukraine’s SBU, ” Marat, “ It’s, it’s Organizations: Ukraine CNN —, Security Service, country’s Patrol Police, CNN, Patrol Police, coy, Bradley, Russian, “ Team Locations: Zaporizhzhia, Ukraine, Ukrainian, Kherson, Russian, United States

Velyka Novosilka, Ukraine CNN —Under clear and sunny skies, a Ukrainian soldier speeds down a long, straight road toward forward positions close to the front line. Combat medic "Winnie" says he and his fellow physicians try to provide first aid to advancing Ukrainian forces as soon as possible and reduce the amount of casualties. Vasco Cotovio/CNNUkrainian forces have been working to stabilize some of the liberated villages but when CNN visited Velyka Novosilka, the situation remained very fluid. But I think we will win.”The frontline town of Velyka Novosilka bears the scars of a year and a half of shelling. That superiority was on full display during the CNN team’s visit when the Ukrainian forces came under repeated attack by Russian Su-25 ground attack fighter jets.

Persons: Velyka Novosilka, swerves, ”, Vasco Cotovio, “, Winnie, “ There’s, ” Velyka, Jaeger, Mara, ” Skrypal, Novosilka, Jaeger Brigade’s, Vasyl Matyiev, ” Matyiev, Ukraine's, Russian Su, Velyka, “ I’ve, Tatiana, – Organizations: Ukraine CNN, CNN, CNN Ukrainian, Vasco, intel, 68th Jaeger, Ukrainian, “ Volunteers Locations: Ukraine, Ukrainian, Velyka, Neskuchne, Russia, Western, Moscow, Russian, Bakhmut, Velyka Novosilka

☆ 'What is there to be afraid of?' Ukrainians in frontline town hopeful about counteroffensive
▼ + stars: | 2023-06-10 | by ( Vasco Cotovio Frederik Pleitgen William Bonnett Darya Tarasova | Vasco Cotovio | Frederik Pleitgen | ) edition.cnn.com time to read: +6 min

The town in the Zaporizhzhia region sits just five kilometers away from a frontline where Ukrainian forces have been making a recent push. “The town is shelled every 24 hours.”And with the Zaporizhzhia frontline becoming more active because of an anticipated Ukrainian counteroffensive, aid deliveries may become more rare. CNN has been able to geolocate the videos to the Zaporizhzhia region but is unable to verify when they were shot. And nothing happens around town without them being well aware of it, even if that is a top-secret Ukrainian counteroffensive. She straps the food box to the back of her bike and – just before she cycles away – Ukrainian forces somewhere outside of town are heard firing a shell towards Russian positions.

Persons: “, Olga Shumska, unfazed, I’m, ” Shumska, Vasco Cotovio, CNN “, Nina Sokol, we’ll, they’re, Vitaliy Kubushka, you’d, ” Sokol, ” Organizations: Southern, Southern Ukraine CNN, CNN, Sokol, Global Empowerment, Howard Buffet Foundation, Ukraine, Ukrainian, Journalists, Ministry of Defense Locations: Southern Ukraine, Orikhiv, Zaporizhzhia, Zapoprizhzhia, Ukrainian, Moscow, Kyiv, Shumska, Ukraine

☆ Eurozone slips into recession as revised data shows two quarters of falling output
▼ + stars: | 2023-06-08 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +3 min

In the first three months of the year, economic output in the eurozone dropped 0.1% compared with the previous quarter, according to revised official data published Thursday. Across the European Union, gross domestic product ticked up 0.1% in the first quarter after falling 0.2% late last year. Commenting on the eurozone data, Andrew Kenningham, chief Europe economist at Capital Economics, said consumption by households had been “hit hard” by high prices and rising interest rates. US economy out in frontBoth the eurozone and the whole of the EU are now lagging the US economy. Earlier official estimates of the eurozone’s economic output pointed to a slight increase in the first quarter.

Persons: Andrew Kenningham, Frederik Ducrozet, Russia’s, Claus Vistesen, ” Organizations: London CNN, European Union, Capital Economics, Pictet Wealth Management, Organisation for Economic Co, Pantheon Macroeconomics, European Central Bank Locations: Europe, Ukraine, United States, downgrades, Germany, Europe’s, Ireland

Kherson, Ukraine CNN —Nadejda Chernishova breathes a sigh of relief as she steps off a rubber dinghy, moments after being rescued from her flooded home in Kherson. Nadejda Chernishova, 65, said water levels rose too fast for her to leave her home on her own. Planet Labs PBC/ReutersIn a frontline city like Kherson — where the shelling is constant — the rising water brings an added danger. The large presence of soldiers and first responders contrasts with the very few number of Kherson residents out on the streets. Both sides have been severely impacted by the collapse — even more so on the Russian side — leaving the terrain in very difficult condition.

Persons: Ukraine CNN —, Chernishova, “ I’m, ”, ” Chernishova, Nadejda Chernishova, I'm, Vasco Cotovio, Oleksandr Prokudin, Prokudin, Nova Kakhovka, ” Prokudin, “, haven’t, ” Produkin, – Organizations: Ukraine CNN, CNN, Planet Labs PBC, Reuters, Artillery, ” Locations: Kherson, Ukraine, “, Dnipro, Russian, ”, Karobel, Nova, Kyiv, Moscow, Kherson —, Russia, ” Kyiv

“We call this one Vidsyich (Ukrainian word for ‘repel’).”The Vidsyich is what Borovyk calls a combat drone, designed to attack Russian positions. Valeriy Borovyk as his Vidsyich drone -- one of several he's developed -- is catapulted into the sky. Fedorov and Shchyhol observe a drone competition with the view of procuring more equipment for the Ukrainian military. Valeriy Borovyk's Vidsyich (Ukrainian for 'repel') drone can fly 40 km and carry a warhead with up to three kilograms. Vasco Cotovio/CNNOne longer-range Ukrainian drone is the UJ-22, made by Ukrjet and with a reported range of up to 800 kilometers (500 miles).

Persons: Borovyk, Vasco Cotovio, CNN Borovyk, “, ” Borovyk, Digital Transformation Mykhailo Fedorov, ” Fedorov, Fedorov, ”, ” Denis Sega, Yuriy Shchyhol, ” Shchyhol, Serhiy Prytula, Borovyk's Vidsyich, Anton Gerashchenko, Putin Organizations: CNN, Moscow, Ministry of Digital, Digital Transformation, “ Army, Drones, Sega, country’s, Service of Special Communications, Kremlin, Twitter Locations: Ukraine, Russia, Crimea, Kyiv, Ukrainian, Brig, Moscow, Ilysk, Kuban

☆ Russia destroyed Ukraine's 'last warship' in Black Sea missile attack, defense ministry said
▼ + stars: | 2023-06-02 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +3 min

The Ukrainian Navy's "last warship" was destroyed, a Russian Defense Ministry spokesman said. The Yuriy Olefirenko was hit with "high-precision weapons" in the port of Odesa, Russia claimed. Russia said the Yuriy Olefirenko was hit on Monday with missiles, which Konashenkov called "high-precision weapons," per Reuters. Russia has rarely targeted the port after signing the UN-backed Black Sea Grain Initiative last year. Whichever side holds the piece of land can control ship traffic between the ports of Kherson and Mykolaiv and the Black Sea, per Forbes.

Persons: Yuriy Olefirenko, —, Igor Konashenkov, Konashenkov, Frederik Mertens, Mertens Organizations: Russian Defense Ministry, Ukrainian Navy, Service, Ukrainian, Russian Defence Ministry, UN, Forbes, Navy, Hague, Strategic Studies, Newsweek Locations: Odesa, Russia, Telegraph, Ukraine, Soviet, Kherson —, Dnipro, Kherson, Mykolaiv, Ukrainian

“Today our task is training and cleaning the trenches,” a Ukrainian soldier with the call-sign Jenia says. The strikes Podolyak mentions are often referred to as shaping operations – so-called because they aim to ‘shape’ the battlefield – in this case, in Ukraine’s favor. And despite the clear signs that a counteroffensive is coming, Podolyak also refuses to commit to specific dates. Vasco Cotovio/CNNBack on the training grounds, the Offensive Guard’s commander, call sign Kyiv, shares a similar combat philosophy. “We improve our fighting skills in special combat training every day to liberate our lands,” he says.

☆ NHL roundup: Panthers win in OT, move Leafs to brink
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +3 min

The Panthers, who lead the best-of-seven set 3-0, would advance with a home win on Wednesday. Florida also got goals from Anthony Duclair and Carter Verhaeghe, and Aaron Ekblad had two assists. Maple Leafs goalie Ilya Samsonov, who stopped eight shots and allowed no goals, was injured 37 seconds into the second period. Kraken 7, Stars 2Matty Beniers, Alex Wennberg, Eeli Tolvanen and Justin Schultz each had a goal and an assist as Seattle defeated visiting Dallas in Game 3 of their Western Conference semifinal series. Five different players scored second-period goals for the Kraken, who took a 2-1 lead in the best-of-seven series.

Prince Albert of Monaco said in an interview with People magazine that he and his wife, Charlene, would be attending. King Felipe VI of Spain, who ascended to the throne in 2014 after his father’s abdication, will attend, according to the Spanish news media. Crown Prince Fumihito of Japan and Crown Princess Kiko, on behalf of Emperor Naruhito and Empress Masako, will attend, according to the Japanese news media. Credit... Clodagh Kilcoyne/ReutersSeveral members of Britain’s government will attend, as will about 100 heads of state from around the world, according to Buckingham Palace. British RoyalsImage Prince Harry, center, will be present at the coronation, though his wife, Meghan, and their children, will remain in California.

"We are not pausing - that is very clear," ECB President Christine Lagarde told a press conference. NOT FED DEPENDENTShe also dismissed the notion that the ECB would have to pause if its U.S. counterpart did so, saying the ECB was "not Fed-dependent". The German 10-year yield , the euro zone benchmark, fell as much as 7 basis points to a one-month low of 2.18%. "In a nod to the hawks, the ECB hinted at 'future decisions' in the plural," Holger Schmieding at Berenberg said. Firms in the services sector especially have complained of labour shortages, suggesting that more wage pressures could come this summer.

And an ECB survey of lending data for March revealed banks were tightening access to credit even as demand for it from borrowers collapsed, resulting in the slowest pace of growth in credit to households since 2018. And it was mirrored by March lending data, which showed growth in corporate credit slow to 5.2% year on year. "With the next big TLTRO expiring towards the end of June amid further key rate hikes, credit demand will be further dampened," Martin Wolburg, senior economist at Generali Investments, said. There was a smaller decrease in demand for consumer credit and other lending to households. Lending data also showed the annual increase in lending to households slowing to 2.9% from 3.2%.

☆ Union squeeze past Gladbach 1-0 to hold on to third place
▼ + stars: | 2023-04-23 | by ( ) www.reuters.com time to read: +1 min

BERLIN, April 23 (Reuters) - Union Berlin secured a 1-0 victory at Borussia Moenchengladbach on Sunday courtesy of a sumptuous Sheraldo Becker volley to remain in third place and stay on course for a Champions League-qualifying spot with five matches remaining. Gladbach tried to bounce back but Marcus Thuram and Manu Kone could not beat goalkeeper Frederik Ronnow. Union stay third on 55 points with Borussia Dortmund leading the title race on 60. Bayern Munich dropped to second place with 59 following Saturday's 3-1 loss at Mainz 05. Freiburg moved up to fourth spot, two points behind Union, after their 4-0 demolition of Schalke 04 earlier on Sunday.

☆ NHL roundup: Claude Giroux reaches 1,000 points in Senators' win
▼ + stars: | 2023-04-11 | by ( ) www.reuters.com time to read: +5 min

Giroux entered the game with 998 points but reached the milestone before the first intermission. Giroux followed up with a backhand shot at the 9:37 mark for his 34th goal of the season, his 1,001st career point and his 52nd career game-winning goal. Jets 6, Sharks 2Defenseman Erik Karlsson reached 100 points this season but couldn't spark his team to victory as host Winnipeg beat San Jose. Stars 6, Red Wings 1Roope Hintz had a goal and three assists to help Dallas earn a road win over Detroit. Wild 4, Blackhawks 2Marcus Johansson scored two of Minnesota's three goals over the final six minutes in its win over host Chicago.

☆ NHL roundup: Bruins top Blues, reach historic 60-win mark
▼ + stars: | 2023-04-03 | by ( ) www.reuters.com time to read: +6 min

[1/5] Apr 2, 2023; St. Louis, Missouri, USA; Boston Bruins center Trent Frederic (11) takes the face-off against St. Louis Blues right wing Kasperi Kapanen (42) during the first period at Enterprise Center. St. Louis (35-35-7, 77 points) was eliminated from playoff contention with the result. The Blues received two goals from Jordan Kyrou, the second of which made it a 3-3 game with 25 seconds remaining in regulation. Brayden Schenn assisted on all three St. Louis goals. St. Louis native Trent Frederic collected two assists and Linus Ullmark recorded 35 saves.

☆ NHL roundup: Bruins clinch league's best record
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +7 min

Pastrnak took Hampus Lindholm's feed into the offensive zone and finished with the backhand for his 53rd goal of the season. Tyler Bertuzzi scored the lone Bruins goal of regulation, tying the game in the second period. Mario Ferraro had a goal and an assist and Oskar Lindblom and Tomas Hertl also scored for San Jose. Defenseman Henry Thrun, making his NHL debut after starring at Harvard, added two assists, and James Reimer finished with 23 saves. Blues 5, Blackhawks 3Brandon Saad scored one goal and set up another as St. Louis handed host Chicago its seventh straight loss.

☆ NHL roundup: Alex Ovechkin hits 40 goals for record 13th time
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +10 min

Mandatory Credit: Brad Mills-USA TODAY SportsMarch 22 - On a night he was honored for passing one NHL legend, Washington's Alex Ovechkin made history by eclipsing another. Before the game, Ovechkin was honored in a 20-minute on-ice ceremony for passing Gordie Howe for second place on the all-time NHL goals list on Dec. 23. On Tuesday, Ovechkin scored his 40th goal of the season, passing Wayne Gretzky for the most 40-goal seasons in NHL history with his 13th. Barrett Hayton scored the lone goal for Arizona (27-33-11, 65 points), which saw its four-game winning streak come to an end. Alex Chiasson and Filip Zadina scored regulation goals for the Red Wings, who earned just their third victory in their last 13 games.

[1/2] European Central Bank (ECB) President Christine Lagarde speaks during a news conference following the ECB's monetary policy meeting in Frankfurt, Germany March 16, 2023. Reuters Graphics Reuters GraphicsPresident Christine Lagarde noted it was impossible to determine the future rate path amid "completely elevated" uncertainty stemming from market ructions. "Given financial instability risks, there's growing uncertainty on future ECB actions beyond this pre-signalled rate hike," said Daniele Antonucci, chief economist and macro strategist at Quintet Private Bank. Piet Christiansen, chief analyst at Danske Bank, said he was sticking to a call for a 4% peak ECB rate. "Unless this turns into a macroeconomic crisis then we are ripe for a sell-off and a repricing of rate hike expectations," he said.

The ECB has contacted banks on its watch to quiz them on their exposure to the struggling Swiss lender, two supervisory sources told Reuters. Money market pricing suggested traders now saw less than a 20% chance of a 50 basis point rate hike at Thursday's scheduled ECB meeting. That's down from as high as 90% at the start of the session , when a source-based story saying ECB policymakers were leaning towards a half-percentage-point rate hike was published. While rapidly rising interest rates across major economies have raised concern about potential pressure points, many analysts still expected a large ECB hike given high inflation. Pictet's Ducrozet said the ECB could also ease collateral rules for banks, though not as much as the Federal Reserve.

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