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European markets are heading toward a mixed start to the new trading week. The U.K.'s FTSE 100 index is expected to open 17 points higher at 8,373, Germany's DAX down 12 points at 19,644, France's CAC up 1 point at 7,611 and Italy's FTSE MIB up 55 points at 35,087, according to data from IG. Regional markets had ended last week on a high note after the European Central Bank announced its third interest rate cut of the year last Thursday, lowering the deposit rate by another 25 basis points, as inflation risks in the European Union are seen to be easing faster than anticipated. Overnight, Asia-Pacific markets were mixed as traders assessed China's loan prime rate announcement, with focus also on Japan's general election at the end of this week. Stateside, stock futures ticked higher Sunday night after the Dow Jones Industrial Average and S&P 500 notched their best weekly win streaks of 2024.
Persons: Germany's DAX Organizations: France's CAC, IG, Regional, European Central Bank, Dow Jones Industrial Locations: European Union, Asia, Pacific
The US landed an F-35 stealth fighter on Japan's new aircraft carrier for the first time. US and Japanese forces are integrating the short-takeoff/vertical landing F-35B onto the JS Kaga. AdvertisementA US F-35 stealth fighter jet landed aboard Japan's new destroyer-turned-aircraft carrier for the first time off the coast of California, the US military said, sharing photos of the event. Japan's Izumo-class JS Kaga recently converted into a light aircraft carrier. Kaga's successful modification also paves the way for another Japanese helicopter carrier, JS Izumo, to be converted into an aircraft carrier.
Persons: Kaga, , Cmdr, Darin Russell, Lockheed Martin, Japan's JS Kaga, Shusaku Takeuchi, Darin Russell Japan Organizations: US, Service, US Marine Corps, British Royal Navy, Air, Naval Air Base, Lockheed, ITF, Self, Defense Force, Force, JS Izumo, - Defense Force, US Navy, East China Locations: California, Naval Air Base Patuxent, Maryland, San Diego , California, Japan, San Diego, Bataan, Red, China, South, East, Tokyo, Australia
Window Rock, Arizona AP —John Kinsel Sr., one of the last remaining Navajo Code Talkers who transmitted messages during World War II based on the tribe’s native language, has died. With Kinsel’s death, only two Navajo Code Talkers are still alive: Former Navajo Chairman Peter MacDonald and Thomas H. Begay. Hundreds of Navajos were recruited by the Marines to serve as Code Talkers during the war, transmitting messages based on their then-unwritten native language. The Code Talkers sent thousands of messages without error on Japanese troop movements, battlefield tactics and other communications crucial to the war’s ultimate outcome. President Ronald Reagan established Navajo Code Talkers Day in 1982 and the August 14 holiday honors all the tribes associated with the war effort.
Persons: John Kinsel Sr, Buu Nygren, Kinsel, “ Mr, selflessly, ” Nygren, Peter MacDonald, Thomas H, Talkers, Ronald Reagan Organizations: Arizona AP, Navajo, Navajo Nation, Rock, Tribal, Marines, 9th Marine Regiment, 3rd Marine Division Locations: Arizona, Begay, Pacific, Guadalcanal, Tarawa, Peleliu, Iwo Jima, Cove , Arizona, Navajo, Lukachukai, New Mexico, Utah
CNBC Daily Open: Everyone’s watching Netflix shares
  + stars: | 2024-10-21 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. That's the longest streak this year for the S&P 500 and Dow Jones Industrial Average , both of which hit record highs. Watching Netflix sharesNetflix shares popped 11% on Friday, a day after the company reported third-quarter results that beat earnings, revenue and paid membership estimates. For investors looking to secure a steady stream of income still, Morgan Stanley recommends considering dividend income stocks, and picks 10 dividend stocks from Asia-Pacific, excluding Japan, for its "conviction list."
Persons: Pan Gongsheng, Morgan Stanley Organizations: CNBC, Dow Jones, CSI, People's Bank of, Netflix, Boeing Locations: Asia, Pacific, People's Bank of China, Japan
The US can "ill afford" another war if conflict breaks out in East Asia, Gen. Charles Flynn warned. From the Middle East to Russia, authoritarian regimes are challenging US power. AdvertisementThe US Army's outgoing top commander in the Pacific region has warned that the US can "ill afford" another war because its military is vastly overstretched. "There's a limited regional war going on in the Middle East. We can ill afford another limited regional war in Asia.
Persons: Charles Flynn, , North Korea —, Flynn, Russia's, Kim Jong, Russia's Vladimir Putin, GAVRIIL GRIGOROV, Kathryn Levantovscaia, Stephen Sklenka, haven't, Raphael Cohen Organizations: Service, Defense, , Washington DC, North, Bloomberg, Observatory, Getty, Forward Defense, Atlantic Council, NATO, Sydney Morning Herald, RAND Corporation, Stockholm International Peace Research Institute Locations: East Asia, East, Russia, — Russia, China, Iran, North Korea, Taiwan, Europe, Asia, Ukraine, Pyongyang, United States, Stockholm
Brazilian President Luiz Inacio Lula da Silva was expected to join but canceled his trip after suffering an injury at home. “This BRICS summit is really a gift (for Putin),” said Alex Gabuev, director of the Carnegie Russia Eurasia Center in Berlin. Russian President Vladimir Putin, Chinese leader Xi Jinping, then-Brazilian President Jair Bolsonaro, South African President Cyril Ramaphosa and Indian Prime Minister Narendra Modi pose as they arrive for the BRICS summit in Brasilia in November 2019. While BRICS is primarily geared toward economic collaboration, its meeting last year took place in the shadow of the war in Ukraine. The gathering in Kazan also gives Putin ample opportunity for one-on-one facetime with his fellow BRICS leaders and other friendly dignitaries in attendance.
Persons: Vladimir Putin, , Xi, India’s Narendra Modi, Iran’s Masoud, Cyril Ramaphosa, Recep Tayyip Erdogan, Luiz Inacio Lula da Silva, Putin –, Xi –, Putin, BRICS, Donald Trump, , Alex Gabuev, , BRICS “, ” Gabuev, Xi Jinping, Jair Bolsonaro, Narendra Modi, Adriano Machado, Mahmoud Abbas, Israel –, Jonathan Fulton, Volodymyr Zelensky, Yevhen Titov, they’ll, Manoj Kewalramani Organizations: CNN, Carnegie Russia Eurasia Center, Indian, Reuters, International, Israel, Atlantic Council, United Nations General Assembly, US, New Development Bank, World Bank, International Monetary Fund, BRICS, Kremlin, Takshashila Locations: Ukraine, Moscow, Russian, Kazan, Brazil, Russia, India, China, South Africa, Egypt, United Arab Emirates, Ethiopia, Iran, Beijing, Tehran, United States, Berlin, Brasilia, Johannesburg, Israel, Gaza, Hezbollah, Lebanon, Abu Dhabi, , Gabuev, BRICS, Kharkiv, Indian, Bangalore
Hawaii lifeguard rescues stranded teenage kayaker
  + stars: | 2024-10-21 | by ( Alaa Elassar | ) edition.cnn.com   time to read: +8 min
But finally, “I knew I couldn’t waste any more time,” Keaulana told CNN. The missing 17-year-old was Kahiau Kawai. When the sun started setting and I was going further out as it got darker, that’s when I started to worry,” Kahiau told CNN. And this kid somehow survives the whole night,” Keaulana said. Kahiau Kawai, who is wearing the long sleeve shirt, with his Kamehameha Schools kayaking teammates at the conference championships after surviving 11 hours stranded in the ocean.
Persons: Noland Keaulana, , , ” Keaulana, Kahiau Kawai, Kahiau, ” Kahiau, Keaulana, , Jensen Kalua, Cmdr, Zach Hunter, , Kelehua Kawai, ” Kahiau Kawai, ” Kawai, “ I’m Organizations: CNN, Honolulu Ocean Safety Department, Honolulu Fire Department, US Coast Guard, Authorities, Noland Keaulana . U.S . Coast Guard, Coast Guard, ” Coast Guard, Hawaii News, Polynesian, Kamehameha Schools Locations: Honolulu, Keaulana, Ala Wai, Noland Keaulana . U.S, Hawaiian
The central bank of the People's Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing financial risks and maintaining financial stability. Asia-Pacific markets were mixed Monday as traders awaited China's loan prime rate announcement, with focus also on Japan's general election at the end of this week. China's central bank is expected to cut the one-year and five-year LPRs by 20 basis points, according to a note by ING and echoing the statement made by People's Bank of China Governor Pan Gongsheng on Friday. "Data aside, it is worth monitoring if there are potential further government ministry briefings or a potential announcement of the timing for the National People's Congress meeting in the week ahead, as stimulus rollout remains a major theme for markets," ING said. Other key economic data this week will include October inflation figures for Japan's capital city of Tokyo, as well as advance third-quarter GDP figures from South Korea.
Persons: Pan Gongsheng Organizations: ING, People's Bank of China, National People's Locations: People's Republic of China, Asia, Pacific, Tokyo, South Korea
A DJI Inspire 1 Pro drone is flown during a demonstration at the SZ DJI Technology Co. headquarters in Shenzhen, China, on Wednesday, April 20, 2016. China has unveiled a set of export control regulations for so-called dual-use items, which refer to goods or technologies that can be used for civilian as well as military purposes, ahead of President Xi Jinping's trip to Russia. The regulations come amid intensified U.S. sanctions targeting Chinese companies which the U.S. deems have been supplying dual-use goods, such as drones, to aid Russia's war effort in Ukraine. China has attempted to show that "it is following similar norms as other nations in terms of how it regulates trade in dual-use goods," he added. Alicia Garcia-Herrero, chief economist for Asia-Pacific at Natixis, however, suggested that Russia will likely be exempted from the possible export controls.
Persons: Xi, Mao Ning, Benjamin Cavender, Alicia Garcia, Herrero, Alex Capri Organizations: SZ, Technology, State, China Market Research Group, National University of Singapore Locations: Shenzhen, China, Russia, Ukraine, Russian, Kazan, Washington, Asia, Natixis
Four months later, she was diagnosed with triple-negative breast cancer, one of the most aggressive forms of the disease. AAPI women in this age cohort had the second-lowest rate of breast cancer among all racial groups in 2000. “Breast cancer is still more common the older we get, but it’s alarming to see younger women being diagnosed,” said Dr. Helen Chew, director of the clinical breast cancer program at UC Davis Health. Korean, Chinese, Filipina and South Asian American women face the highest risk of breast cancer. Disaggregating data is key to understanding what’s driving the rapid rise in breast cancer among Asian women, Chew said.
Persons: Chi Huang, Huang, , Helen Chew, Scarlett Lin Gomez, who’s, ” Gomez, Gomez, Chew, ” Chew, Xers, it’s, Organizations: American, Pacific, American Cancer Society, UC Davis Health, University of California, , South, Filipina, Indians, Pacific Islanders, UCSF Locations: Asia, San Francisco, U.S, Southeast
But Widodo appointed Subianto as defense chief after his reelection, paving the way for an alliance despite their rival political parties. Backed by Widodo, Subianto swept to a landslide victory in February’s direct presidential election on promises of policy continuity. Subianto was sworn in with his new vice president, 37-year-old Surakarta ex-Mayor Gibran Rakabuming Raka. Leaders and senior officials from more than 30 countries flew in to attend the ceremony, including Chinese Vice President Han Zheng and leaders of Southeast Asia countries. Indonesia is a bastion of democracy in Southeast Asia, a diverse and economically bustling region of authoritarian governments, police states and nascent democracies.
Persons: Prabowo Subianto, Subianto, Prabowo, Gibran, , Atalaric Eka, , Joko Widodo, Widodo, Gibran Rakabuming Raka, Raka, don’t, Jordanian King Abdullah II bin Al, Hussein, Nancy Namrouqa, Abdullah, Han Zheng, Joe Biden, Linda Thomas, Greenfield, Adm, Samuel Paparo, ” Subianto, Suharto Organizations: Widodo, Southeast Asia —, Foreign, U.S, United Nations, Pacific Command, American, Army Locations: JAKARTA, Indonesia, Jakarta, Surakarta, Southeast Asia, Jordan, Jordanian, Amman, Gaza, Subianto, Asia, United States, China, U.S, Australia, Indonesian, Borneo
I take over 100 flights a year and have booked on many different airlines. Cathay Pacific, Emirates, and KLM are some of my favorite airlines to fly. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The airlines I love the most have comfortable seating — granted, I'm short (5-foot-3), so legroom usually isn't an issue for me. Here are my absolute favorite airlines to fly and one that I'm not planning on booking with again.
Persons: , I'm Organizations: Cathay, KLM, Air Canada, Service Locations: Cathay Pacific, Emirates
Earnings drove the stock market higher — can they do it again in the week ahead? But he acknowledged that timing is key because our portfolio discipline mandates that we consider lightening up our stock exposure in an overbought market. In fact, AMD was our worst-performing stock for the entire week, losing more than 7% following the prior week's 1.8% slide. Energy was the worst sector of the week for the market as oil prices sank. In the week ahead, housing numbers are the main draw on the economic front.
Persons: Jim Cramer, ASML, Morgan Stanley, WTI, industrials, We're, Sartorius, Danaher, we're, Stanley Black, Lockheed Martin, Philip Morris, Clark, Baker Hughes, Lam, DOV, CARR, Davidson, Northrop, Edwards Lifesciences, Jim Cramer's, Jim, Stocks, Tuesday's, Spencer Platt Organizations: Dow, Nasdaq, Netflix, Modelo, Corona, Constellation Brands, Taiwan Semiconductor Manufacturing Company, Nvidia, AMD, Broadcom, Club, Abbott Laboratories, Energy, Texas, Honeywell, Danaher, Federal Reserve, Treasury, SAP, Logitech, Verizon, General Motors, GE Aerospace, GE, Lockheed, Quest Diagnostics, Norfolk Southern, Polaris, Seagate Technology, Texas Instruments, Canadian National Railway Company, Boeing, GE Vernova, Fisher, Boston, General Dynamics, Hilton, Lam Research, Business Machines, IBM, Newmont, Viking Therapeutics, Vista Energy, Mattel, O'Reilly Automotive, Whirlpool, American Airlines, United Parcel Service, Southwest Airlines, Tractor Supply Company, Carrier Global, Dow Chemical, DOW, Harley, Union Pacific, Valero Energy, Hasbro, Northrop Grumman, Ryder, Boyd Gaming, Western, Boston Beer Company, York Community Bancorp, Colgate, Palmolive, Newell Brands, Jim Cramer's Charitable, CNBC, NEW, Traders, New York Stock Exchange, Getty Locations: BlackRock, CrowdStrike, U.S, Dover, Freeport, McMoRan, Kimberly, Norfolk, Las, ORLY, VALE, New York City
Analysts pick winners from China stimulus measures
  + stars: | 2024-10-20 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +4 min
Now that China's key ministers have spoken on stimulus, analysts have narrowed down the stocks likely to benefit. Chinese stocks have tempered their recent rally as investors await more policy details. Beyond interest rate cuts, the most tangible Chinese stimulus policies include subsidies to boost consumption with a trade-in program, along with incremental property market support. They screened for mainland-traded Chinese stocks with relatively high dividend yields and strong cash flow. While Chinese property developers may not bounce back right away, HSBC analysts expect construction software company Glodon, listed in Shenzhen, can benefit from property market stabilization.
Persons: David Chao, Morgan Stanley, Morgan, Ni Hong, Edward Chan Organizations: Asia Pacific, Aluminum Corp, Cement, HSBC, National Bureau of Statistics Locations: Japan, Invesco, Hong Kong, Anhui, Beijing, Shenzhen, Shanghai
LONDON — King Charles III has expressed “deep love and affection” for Australia, a former part of the British Empire. Charles, 75, is Britain’s first reigning monarch to visit Australia in 13 years. The royal visit to Australia includes a Monday reception at Parliament House in Canberra, the capital, where the king will meet with Albanese. King Charles and Queen Camilla are greeted upon their arrival at Sydney International Airport on Friday. King Charles is projected on the Sydney Opera House ahead of his official visit on Friday.
Persons: Charles III, , Charles, Queen Camilla, Queen Elizabeth II, Charles ’, Anthony Albanese, Albanese, King Charles, Saeed Khan, Queensland Premier Steven Miles, Western Australia Premier Roger Cook, South Australia Premier Peter Malinauskas, Chris Minns, Jeremy Rockliff, Bev McArthur, , , ” Nathan Hansford, Nathan Ross, Queen Camilla “, ” Charles, Daisy McAndrew, David Gray, Eric Abetz, ” McArthur Organizations: Commonwealth, House, Tasmania —, Sydney International Airport, Getty, Queensland Premier, Western Australia Premier, South Australia Premier, New South Wales, Tasmania, Australian Monarchist League, Australian Republic Movement, ARM, NBC News, Sydney Opera House, Sydney Opera Locations: Australia, British, Sydney, Samoa, Britain, Canada, Canberra, South Wales, Victoria, Queensland, Western Australia, South Australia, Tasmania, AFP, New, U.S, Commonwealth, Tasmanian, Caribbean, Barbados
CNN —A mile and a half beneath the ocean’s surface, the seafloor seems nearly as alien as the surfaces of other planets. These hydrothermal vents belch warm towers of elements that draw clusters of animal life, such as tube worms. There, animals develop symbiotic relationships with bacteria that use chemical reactions to produce sugars necessary for life beyond the reach of sunlight. Mónika Naranjo-Shepherd/Schmidt Ocean InstitueThe arms of an underwater robot helped uncover communities of giant tube worms and snails living in volcanic caves beneath warm vents in the Pacific Ocean. The finding suggests unique ecosystems on the seafloor and within the subseafloor are connected, allowing life to thrive above and below the ocean bed.
Persons: Mónika Naranjo, Shepherd, , Sabine Gollner, you’ve, Artemis, Charlie Duke, Arthropleura, Ashley Strickland, Katie Hunt Organizations: CNN, Royal Netherlands Institute for Sea Research, Scientists, SpaceX, Boca, Massachusetts Institute of Technology, NASA, Clipper, Kennedy Space Center, Yale University, CNN Space, Science Locations: Boca Chica , Texas, centipedes, Europa, Florida
Sydney Reuters —Britain’s King Charles and Queen Camilla met large, cheering crowds in Sydney after attending a church service on Sunday, the first event of their Australia tour. The royal couple were greeted at St Thomas’ Anglican Church by the archbishop of Sydney, Kanishka Raffel, and children from the church’s Sunday school who waved Australian flags. Traveling across Sydney Harbour, Charles visited the New South Wales parliament, marking the 200th anniversary of Australia’s oldest legislature. He will attend the Commonwealth Heads of Government Meeting in Samoa after the six-day Australia tour. King Charles III, Queen Camilla and Anglican Archbishop of Sydney Reverend Kanishka Raffel attend a church service at St. Thomas's Anglican Church on October 20, 2024 in Sydney, Australia.
Persons: Sydney Reuters — Britain’s King Charles, Queen Camilla, Kanishka Raffel, Camilla, Anna Valentine, Ellie Mantle, ” Camilla, Charles, Australia’s, , King Charles III , Queen Camilla, Sydney, Dean Lewins Organizations: Sydney Reuters —, St Thomas ’ Anglican, New South, Church, Association of Commonwealth Universities Locations: Sydney, Australia, Britain, Australia’s, Sydney Harbour, New South Wales, Samoa, St, Thomas's, Pacific, Commonwealth
Boeing and union leaders have reached a deal that could end a weekslong strike. AdvertisementBoeing and leaders from a union representing striking machinists have reached a deal that could end a strike that has lasted over a month. About 33,000 Boeing workers have been on strike in the Pacific Northwest for over a month, halting much of Boeing's production. Bank of America analysts estimated that the strike is costing Boeing $50 million a day. Less than a week after the strike began, Boeing CEO Kelly Ortberg said the company would furlough white-collar workers in an email to employees.
Persons: , Labor Julie Su, who've, Kelly Ortberg, Ortberg Organizations: Boeing, Service, International Association of Machinists, Aerospace Workers, Labor, Bank of America, Federal Aviation Administration, Alaska Airlines, Space Station Locations: Pacific Northwest
The country's economy is slowing down, and some shoppers are rethinking their luxury purchases. AdvertisementChina, with its sheer population size and once-meteoric economic growth, has been heralded as a reliable cash cow of luxury brands for decades. But the golden days of luxury shopping in China seem to be fading for many luxury brands — though there are exceptions. In 2021, the Asia region, excluding Japan, was responsible for 35% of LVMH's total revenue. It's a similar story at other luxury brands.
Persons: , LVMH, Kering, Hugo Boss, Burberry Organizations: Service, Gucci, Swatch Locations: China, Asia, Japan, Pacific
The Hamas leader was “the caring father and the leader of the Palestinian cause,” Moslah added. “May God have mercy upon him.”For others, Sinwar’s death was an unsurprising outcome for a hardened jihadi militant. He spent years in an Israeli jail learning Hebrew and studying the inner workings of Israeli politics and military tactics. It showed a man, identified by Israel as Sinwar, sitting in a chair in a destroyed apartment as an Israeli drone buzzed around him. Moments later, the Israeli military would fire its kill shot — a missile destroying the building.
Persons: Sinwar, , ” Abaad, Moslah, , Ziad Maqdad, “ Yahya Sinwar, Burcu, Khalil Al, Hayya, Yahya Sinwar, lamely, Seyed Abbas Araghchi, Omar Dajani, David, Sinwar “, Dajani, John Wessels, Ahmed Yossef, Benny Gantz, Gaza “, Belazel Smotrich, Frank Lowenstein, Barack Obama, Mohammed, ” Lowenstein, Sheikh Ahmed Yassin, Rashid Khalidi, Netanyahu Organizations: NBC News ’, Royal United Services Institute, Israel Defense Forces, NBC, AFP, Getty, Palestinian Center, Policy, Research, University of, Columbia University, Locations: Palestinian, Beit Hanon, Gaza, Israel, United States, London, Jerusalem, Iranian, Palestine, Stockton , California, Sinwar, “ Israel
A 17-year-old kayaker spent nearly 12 hours treading water and clinging to his kayak Wednesday after becoming separated from his high school paddling group, the U.S. Coast Guard said. The U.S. Coast Guard Hawaii Pacific, working with the Honolulu Fire Department and other agencies, rescued the teen Thursday morning. He was separated from the group around 6:30 p.m. Wednesday, the Coast Guard said in a statement on Facebook. Video released by the Coast Guard showed the moment boaters pulled the boy from the water. The teen, who has not been named, was in serious but stable condition, the Coast Guard said.
Persons: kayaker, Cmdr, Nic Iannarone, we’ve, Iannarone, texted Organizations: U.S . Coast Guard, U.S . Coast Guard Hawaii Pacific, Honolulu Fire Department, Coast Guard, Facebook, U.S . Coast Guard Sector, Sector Honolulu watchstanders, Dolphin, HC, Coast Guard Air, Coast Guard Station Locations: U.S, Sheraton Waikiki Beach, Honolulu, U.S . Coast Guard Sector Honolulu, Coast Guard Station Honolulu
The US Army has been wargaming in the Indo-Pacific, preparing for what a future war might look like. "It is really hard to replicate that other than just training here in the region," Evans said. JPMRC allows the Army to test its combat readiness in the tropical, archipelago environments of the Pacific. Evans explained that nighttime operations remain a top priority for the Army, and JPMRC allows soldiers the opportunity to develop that "perishable skill." Mysti Bicoy"Sustainment is one of the things that we are focusing on in this training because of the disparate nature of the region," Evans explained.
Persons: , Marcus Evans, Mariah Aguilar, wargamed, Evans, JPMRC, Tiffany Banks, USARPAC's, Charles Flynn, John Pershing, Sgt, Mysti, we're Organizations: US Army, Service, Army, US, 25th Infantry Division, U.S, Joint Pacific Multinational Readiness, Troops, Pacific . U.S, Staff, 11th Airborne, sustainment, Pacific, . Air National Guard Locations: Hawaii, Pacific, China, Alaska, Japan, Philippines, Ukraine
At 19%, Asia Pacific had the largest revenue growth rate of all regions this quarter. Local content strategy and investment in original content is boosting Netflix's competitive edge. Company executives and industry experts say growth in Asia had a role to play as well. Revenue growth in North America and Europe, Middle East, and Africa was tied at 16% each. 'Persistence in Asia'Some industry experts who reacted to Netflix's earnings also pointed to its local content creation strategy.
Persons: , You've, Gregory Peters, Ben Silverman, Silverman, It's, Dan Da Dan Organizations: Netflix, Service, Company, Asia, CNBC, Media Partners Locations: Asia Pacific, Asia, Japan, Korea, Thailand, India, North America, Europe, Middle East, Africa
“Army officials stated that these low mission capable rates, along with the smaller size of the watercraft fleet after divestment, hinder operational readiness and the ability to meet mission requirement,” the report said. After the temporary pier mission ended — the pier was only operational for roughly 20 days in total with a cost of $230 million — the military requested civilian contractor support in bringing the Army’s vessels back to the US. The US military said four of its vessels, supporting a temporary pier built to deliver aid to Gaza by sea, had run aground in heavy seas. The GAO report also said the Army is considering leasing civilian watercraft to bolster its existing fleet and moving all of its watercraft to the Pacific. Ultimately, the Army watercraft is “how the ground force, the Army, gets to war,” Butler said.
Persons: , , Cynthia Smith, Smith, ” Col, Dave Butler, Randy George, ” Butler, Oren Ziv, Army “, Christine Wormuth, Wormuth, Butler Organizations: CNN, US Army, “ Army, Army, Getty, GAO, Army Futures Command, US Army Pacific, Pacific Command Locations: Gaza, Pacific, Ashdod, Japan, Hawaii
The skyline of the central business district in Beijing on August 13, 2019. (Photo by WANG Zhao / AFP)Asia-Pacific markets opened mixed Friday, as investors awaited key economic data from China and assessed Japan's inflation numbers. China's third-quarter GDP is expected to come in at 4.5%, as estimated by economists in a Reuters poll, compared with 4.7% growth in the prior quarter. China is set to release its house prices index for September at 9:30 a.m. local time. Japan's headline inflation for September came in at 2.5%, while core CPI — which excludes fresh food prices — rose 2.4% year on year compared with Reuters estimates of 2.3%.
Persons: WANG Zhao Locations: Beijing, AFP, Asia, Pacific, China
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