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☆ Stop being fooled by misinformation. Do this instead
▼ + stars: | 2023-11-29 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +8 min

It’s a text from your credit card company — someone is trying to purchase a $2,500 laptop using your account number. Be it finance, health care or politics, there is a global “infodemic” of misinformation that is affecting people’s health and well-being, according to the World Health Organization. “For most of the population who isn’t extreme in their attitudes, fact-checking and debunking reduces the degree to which people rely on falsehoods, but it doesn’t fully eliminate it,” van der Linden said. This approach works much like a vaccine, van der Linden said. “Instead of talking about immigration or abortion, talk about ‘Star Wars’ and ‘South Park’ as a starting point,” van der Linden said.

Persons: COVID, ”, Sander van der, van der Linden, Oscar Wong, nudges, “, ” van der Linden, you’re, Anakin, Obi, ” Obi, “ We’ll Organizations: CNN, Facebook, World Health Organization, WHO, “, Social, University of Cambridge, American Psychological Association, Getty, Cambridge, Research, ‘ Locations: Sander van der Linden, Covid, Cambridge, Canada, absolutes

STOCKHOLM, Nov 28 (Reuters) - Total capital invested into European tech startups is projected to fall to $45 billion this year, down 55% from 2021, when investment volumes surpassed $100 billion for the first time, according to a report from venture capital firm Atomico. The decline was mostly due to later-stage companies delaying fundraising, as well as a slower pace of deployment by investors, the report said. In 2022, capital invested in Europe was $82 billion. Over the five-year period between 2018 and 2022, a total of 257 European tech companies reached a billion-dollar valuation, including more than 150 in 2021 and 2022, according to Atomico. However, Europe's funding rounds will still be 18% higher compared with 2020, a year before the tech investment boom of 2021.

Persons: Tom Wehmeier, Wehmeier, Atomico, Supantha Mukherjee, Matthew Lewis Organizations: Thomson Locations: STOCKHOLM, Atomico, Europe, United States, China, Stockholm

☆ Farfetch founder bids to take company private - Telegraph
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

A banner to celebrate the IPO of online fashion house Farfetch is displayed on the facade of the of the New York Stock Exchange (NYSE) in New York, U.S., September 21, 2018. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNov 28 (Reuters) - Online luxury retailer Farfetch's (FTCH.N) founder José Neves is looking to take the company private after a troubled New York Stock Exchange listing, the Telegraph reported on Tuesday. Shares of the company edged 20% higher following the news. Farfetch did not immediately respond to a Reuters request for comment. Reporting by Juveria Tabassum and Annett Mary Manoj; Editing by Maju Samuel and Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, José Neves, Neves, Farfetch, Juveria Tabassum, Mary Manoj, Maju Samuel, Shilpi Majumdar Organizations: New York Stock Exchange, REUTERS, Telegraph, JPMorgan, HK, Thomson Locations: New York, U.S, Swiss

☆ US FAA tightens aircraft certification oversight after Boeing MAX crashes
▼ + stars: | 2023-11-28 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

[1/2] A Boeing 737 Max aircraft during a display at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. The FAA said Tuesday it was also issuing additional guidance to airplane manufacturers on how to identify safety-critical information and said both new steps will "improve aircraft certification safety." A U.S. House of Representatives report said Boeing failed to classify MCAS as a safety-critical system, which would have attracted greater FAA scrutiny during the certification process, and said the "FAA failed in its oversight of Boeing and its certification of the aircraft." The FAA is still considering whether to certify two additional variants of the MAX - the smaller MAX 7 and larger MAX 10. Last year, the FAA granted Boeing a shorter regulatory compliance program extension than the planemaker sought, so it can ensure the company implements "required improvements."

Persons: Peter Cziborra, David Shepardson Organizations: Boeing, Max, Farnborough, REUTERS, Rights, Federal Aviation Administration, FAA, Airbus, U.S . House, MCAS, Thomson Locations: Farnborough, Britain

☆ A teenager who fled Russia-occupied Ukraine sent a police officer who was trying to find him a mocking selfie to show he made it to Kyiv
▼ + stars: | 2023-11-28 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

The Post reported that the boy then sent a police officer a selfie from Kyiv, to prove he'd escaped. AdvertisementA teenager who escaped from Russia-occupied Ukraine sent a jeering selfie to a police officer who was looking for him to show that he'd made it to Kyiv, The Washington Post reported. He is one of the many children that Ukraine and its allies, including the US, have accused Russia of forcibly deporting. AdvertisementUkraine said it has identified almost 20,000 Ukrainian children that Russia has deported. Lavrov's testimony could be helpful in Ukraine's efforts to seek justice for children taken by Russia, the Post reported.

Persons: he'd, —, Rostyslav Lavrov, Lavrov, Vladimir Putin Organizations: Washington Post, Service, The Washington Post, Russian, Police, EU, Russia, US State Department Locations: Ukrainian, Russian, Crimea, Kyiv, Russia, Ukraine, Ukraine's Kherson, Kherson city, Maidan Square, Belarus

☆ Haiti Gang Wars Now 'Cataclysmic' in Key Farmlands -UN Report
▼ + stars: | 2023-11-28 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

(Reuters) - Haiti's brutal gang wars have spread from the capital to key farming heartlands, displacing tens of thousands of people and having a devastating impact on access to food staples, the United Nations said in a report on Tuesday. The violence has severely limited humanitarian access to the area, leaving support for victims of sexual violence to cash-strapped rural associations. Victims rarely come forward, the report said, due to fear of reprisals and mistrust of police. "We are continuing to receive reports of killings, sexual violence, displacement and other violence – including in hospitals," he said. "The much-needed multinational security support mission needs to be deployed to Haiti as soon as possible."

Persons: U.N, Human Rights Volker Turk, Turk, Sarah Morland, Harold Isaac, Rosalba O'Brien Organizations: Reuters, United Nations, Human Rights Locations: Artibonite, Bas, United States, Haiti

REUTERS/Dado Ruvic/Illustration//File Photo Acquire Licensing RightsNov 28 (Reuters) - ChatGPT owner OpenAI is not expected to offer Microsoft (MSFT.O) and other investors including Khosla Ventures and Thrive Capital seats on its new board, a person familiar with the matter told Reuters on Tuesday. In a few tumultuous days last week, OpenAI ousted its CEO and founder Sam Altman without any detailed cause, setting off alarm bells among investors and employees. Microsoft, which has invested more than $10 billion in OpenAI, is one of the biggest backers of OpenAI that operates ChatGPT, its viral generative AI chatbot. In response to a question on the OpenAI board, a Microsoft spokesperson said, "We will wait until the board officially says something." OpenAI and Thrive did not immediately respond to requests for comment, while Khosla declined to comment.

Persons: Dado Ruvic, OpenAI, Sam Altman, Thomas Hayes, Bret Taylor, Larry Summers, Adam D'Angelo, D'Angelo, Altman, Satya Nadella, Khosla, Zaheer Kachwala, Mary Varghese, Kenneth Li, Arun Koyyur Organizations: REUTERS, Microsoft, Khosla Ventures, Reuters, CNBC, Thomson Locations: OpenAI, Bengaluru

☆ China economy: PBOC governor says focus will be on ‘high-quality, sustainable’ growth
▼ + stars: | 2023-11-28 | by ( Laura He | ) edition.cnn.com time to read: +4 min

“High-quality, sustainable growth is far more important.”The country is moving away from manufacturing and real estate, its traditional drivers of growth, towards a newer economic model driven by consumption and services, he added. “I’m confident China will enjoy healthy and sustainable growth in 2024 and beyond.”His remarks come at a time when China is battling a protracted recession in its vast real estate sector. But the country’s real estate sector is still struggling with sluggish sales and falling home prices. “China’s real estate market is experiencing some adjustments,” he said. The regulators have also introduced a raft of measures to stabilise the real estate industry, including reducing mortgage rates for home buyers.

Persons: Pan Gongsheng, “, Pan, “ I’m, ”, Stringer Organizations: Hong Kong CNN, People’s Bank of, “, Getty Locations: Hong Kong, “ China, People’s Bank of China, China, “, Fuyang, China's, Anhui, AFP, Wuhan, Hubei

REUTERS/Aly Song/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - M&G Real Estate (MNG.L) forecasts it is "a matter of time" before global property markets face greater volumes of forced selling, with banks increasingly reluctant to refinance troubled or lower quality assets at current interest rates. "We are in a new period of real estate investment that will require a new mindset," he told Reuters before the publication of the firm's Global Real Estate Outlook on Tuesday. Nearly 40% of outstanding British commercial real estate loans are due to mature in 2024 and 2025, where average real estate values have fallen by over 20% since mid-2022, the report said, citing data from Bayes Business School. "Real estate debt is becoming an increasingly attractive investment proposition," Pellicer said. U.S. office-based working is at only 50% of pre-pandemic levels, the report cited real estate services firm JLL (JLL.N) as estimating, while numbers in Europe have recovered to 75%.

Persons: Aly, Jose Pellicer, Pellicer, G, Carolyn Cohn, Sinead Cruise, Alexander Smith Organizations: REUTERS, G, Reuters, Bayes Business, Thomson Locations: Shanghai, China, Germany, Sweden, Europe, United States, Asia

DETROIT (AP) — The former owner of a Michigan dam is on the hook for roughly $120 million sought by the state for environmental damage when the structure failed after days of rain in 2020, a judge said. But it's not known how the state will ever collect: Lee Mueller has filed for bankruptcy protection in Nevada. After three days of rain, the Edenville Dam collapsed in May 2020, releasing a torrent that overtopped the downstream Sanford Dam and flooded the city of Midland, located about 128 miles (206.00 kilometers) northwest of Detroit. Wixom Lake, a reservoir behind the Edenville Dam, disappeared. The state insists that the Edenville Dam collapsed as a result of poor maintenance and a lack of critical repairs.

Persons: it's, Lee Mueller, ”, Troy Fox, Paul Maloney, Mueller, Phil Roos, Ed White Organizations: DETROIT, District, Federal Energy Regulatory Commission Locations: Michigan, Nevada, Sanford, Midland, Detroit, Wixom Lake

☆ Apple to end credit card partnership with Goldman Sachs - WSJ
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

Apple logo is seen on the Apple store at The Marche Saint Germain in Paris, France July 15, 2020. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsNov 28 (Reuters) - Apple (AAPL.O) is pulling the plug on its credit card partnership with Goldman Sachs Group (GS.N), the Wall Street Journal reported on Tuesday. Apple and Goldman had started to roll out a virtual credit card in 2019. The exit would cover their entire consumer partnership, including the savings account rolled out this year, the report added. Apple in April had introduced a high-yield deposit account, which offers an annual percentage yield higher than what Goldman offers for an online savings account at its digital consumer bank, Marcus.

Persons: Marche Saint, Gonzalo Fuentes, Goldman, Marcus, Pritam Biswas, Arsheeya, Arun Koyyur, Sherry Jacob, Phillips Organizations: Apple, Marche, Marche Saint Germain, REUTERS, Goldman Sachs, Wall Street, Mastercard, Thomson Locations: Paris, France, United States, Bengaluru

WASHINGTON (AP) — A Democratic lawmaker moved Tuesday to force a vote this week on expelling Rep. George Santos from the House, calling it a necessary step if Republicans fail to take action in light of the recent ethics report that found Santos blatantly stole from his campaign and deceived donors. Rep. Robert Garcia, D-Calif., brought back to the floor legislation he first introduced in February to force the expulsion vote. “Whatever it takes to get that vote this week, is what we're doing,” Garcia said. Expelling Santos, a Republican from New York, would require support from at least two-thirds of House members voting. Santos has rejected any suggestion he step down before an expulsion vote.

Persons: George Santos, Santos, Robert Garcia, Garcia, ” Garcia, ” Santos, Kevin McCarthy, Zoe Lofgren, “, ” Lofgren, Santos “, Rep, Michael Guest, Guest, Mike Johnson Organizations: WASHINGTON, —, Democratic, Republican, New York Republicans Locations: New York, Florida

☆ North Korea cites rare dissent in elections even as 99% back candidates
▼ + stars: | 2023-11-28 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +2 min

[1/6] North Korea's leader Kim Jong-un casts his ballot during a local election, in South Hamgyong Province, North Korea, in this picture released on November 27, 2023. The North's parliament and regional councils serve as a rubber stamp to the ruling Workers' Party, with their elections usually registering over 99% voter turnout. This month's election marks the first time North Korea has referred to dissenting votes in local polls since the 1960s, an official at South Korea's unification ministry handling relations with the North said. Held every four years, the latest regional election was also the first polls since North Korea revised its election law in August to allow multiple candidates. "The portrayal of a more democratic society, particularly in comparison to South Korea and the U.S., is aimed at reinforcing the regime's legitimacy and authenticity on the world stage," think tank, the Asia Pacific Foundation of Canada, said in a report.

Persons: Kim Jong, Kim Jong Un, KCNA, Soo, hyang Choi, Josh Smith, Ed Davies, Raju Gopalakrishnan Organizations: KCNA, REUTERS Acquire, Rights, Workers ' Party, Asia Pacific Foundation of Canada, Thomson Locations: South Hamgyong Province, North Korea, Rights SEOUL, North, Korea, South Korea, U.S, Pyongyang

☆ Family offices move money out of stocks and into private markets
▼ + stars: | 2023-11-28 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

A survey of North American family offices conducted by Campden Wealth and RBC found that family offices had 29.2% of their investments in private markets, which include private equity, venture capital and private debt, compared to 28.5% in publicly traded stocks. It marks the first time in the survey that family offices had more invested in private markets than public stock. "Family offices have maintained a consistent pattern of augmenting their allocations to private markets," according to the study. Family offices say private markets offer better returns over the long term without the volatility of stocks. Along with private markets, family offices are also showing increasing interest in alternative assets, including real estate and commodities.

Persons: Angie O'Leary Organizations: Campden Wealth, RBC, RBC Wealth Management Locations: New York City, China, North America

☆ Discounts drew crowds but Black Friday week sales gain softest in years -report
▼ + stars: | 2023-11-28 | by ( Amina Niasse | ) www.reuters.com time to read: +3 min

People shop at the Shops at the Oculus and Westfield Shops during Black Friday shopping in New York City, U.S., November 24, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNEW YORK, Nov 28 (Reuters) - U.S. in-store retail sales swelled last week by the most since December courtesy of aggressive discounts, but the year-over-year sales gain for the week covering the traditional Black Friday shopping season kick-off was the smallest in six years. Sales volumes increased for retailers during the Black Friday weekend where cost-aware consumers sought out larger discounts on expensive purchases, according to the report. Buyers are experiencing the cheapest holiday shopping season in years with toys, games, and hobby gear dipping in price for the first time since 2020. Reuters GraphicsDespite the sales gain, the increase is the smallest Black Friday-week gain since 2017's 4.8% year-over-year increase.

Persons: Brendan McDermid, Buyers, ”, Steve Sadove, Amina Niasse, Andrea Ricci Organizations: Westfield Shops, REUTERS, Research, Sporting, Bureau of Labor Statistics, Mastercard, “, Thomson Locations: New York City, U.S

☆ Global regulators to assess if more crypto safeguards needed
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - More measures may be needed to stop blow-ups at complex crypto firms like FTX from destabilising the wider financial system, the global Financial Stability Board (FSB) said on Tuesday. The vulnerabilities are similar to those found in traditional finance, including leverage, liquidity mismatches, technology and operational vulnerabilities, the FSB said in a report. Evidence suggests that the threat to wider financial stability and the economy is limited at present, it added. The FSB and IOSCO, a global body of securities watchdogs, have already published this year high level recommendations for supervising crypto activities. Regulators, however, should assess whether these measures adequately stop risks from crypto being amplified across the financial system, the report said.

Persons: Dado Ruvic, FTX, Huw Jones, Kirsten Donovan Organizations: REUTERS, FSB, Thomson

☆ Chinese fast-fashion retailer Shein files for U.S. IPO - WSJ
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

The fast-fashion giant has been working with at least three investment banks about a potential IPO and was in talks with the New York Stock Exchange and the Nasdaq, Reuters reported in July. Goldman Sachs, JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the offering, which could happen in 2024. the WSJ report said. Shein declined to comment to Reuters on the report. Fast-fashion has been gaining popularity in the United States with Shein partnering with SPARC Group, a joint venture between Forever 21 owner Authentic Brands (AUTH.N) and mall operator Simon Property (SPG.N), as the online fashion retailer and its rivals look to expand their market reach. Reporting by Pritam Biswas and Ananya Mariam Rajesh in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

Persons: David, Dee, Delgado, Shein, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Didi Global's, Simon Property, Pritam Biswas, Ananya Mariam Rajesh, Arun Koyyur Organizations: REUTERS, Wall Street, New York Stock Exchange, Nasdaq, Reuters, JPMorgan, SPARC Group, Forever, Brands, Simon, Thomson Locations: New York City, U.S, China, United States, Bengaluru

☆ Citi bankers leave for Jefferies as municipal banking department in turmoil -Bloomberg News
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

General view of Jefferies Financial Group offices in Manhattan, New York City, U.S., December 8, 2021. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsNov 27 (Reuters) - A team of bankers focused on healthcare at Citigroup (C.N) has left for rival Jefferies Financial (JEF.N) after the firm's executives mulled closing the municipal banking department altogether, Bloomberg News reported on Monday. The group of about 10 bankers departing for Jefferies included managing directors Brian Carlstead, Ben Klemz and Katherine Meyers, the report said, citing people familiar with the matter. CEO Jane Fraser has been weighing whether to shutter the bank's municipal-bond trading and origination business. Citi's municipal offering business has been under scrutiny from Texas attorney general, who in January halted the bank's ability to underwrite most municipal bond offerings in Texas, saying Citi has discriminated against the firearms sector.

Persons: Eduardo Munoz, Brian Carlstead, Ben Klemz, Katherine Meyers, Jane Fraser, Pritam Biswas Organizations: Jefferies Financial, REUTERS, Citigroup, Jefferies, Bloomberg, Citi, Thomson Locations: Manhattan , New York City, U.S, Texas, Bengaluru

☆ Russian students are being asked to donate their vapes so the parts can be used in combat drones, report says
▼ + stars: | 2023-11-27 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Russian students are being asked to turn in their vapes, per a report. 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 . AdvertisementStudents at a Russian university are asking their peers to donate their vapes to help the Russian military, a report said. Their components can be repurposed to make drones for Russia's invasion of Ukraine, according to Russian publication Novaya Gazeta Europe.

Persons: — Organizations: Service, Novaya Gazeta Europe, Russia's University of, university's Military Department, Kyiv Post Locations: Russia, Ukraine, Russia's, Russia's University of Samara, Russian, Soviet, USSR, Ukrainian, Kyiv

☆ Ukraine turned a Soviet antiaircraft gun into a deadly ground weapon that can kill dozens of soldiers at a time, report says
▼ + stars: | 2023-11-27 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

The truck-mounted modified gun can kill dozens of Russians at a time, the unit told the Daily Beast. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUkrainian soldiers have turned a Soviet-era antiaircraft gun into a fast-moving ground weapon that can kill dozens of Russian soldiers at a time, the Daily Beast reported. The resulting weapon is one that can hit targets spread out up to 328 feet apart, and can kill dozens of soldiers with one blast, the report said. AdvertisementEvegeny Iitvin, a sergeant in the unit, told the Beast that in just three days one of the guns had "already destroyed 1,000" Russian soldiers.

Persons: —, Evegeny, Jake Epstein, It's, Iitvin, Biden Organizations: Daily, Service, Artillery Battery Unit, Ukraine's 241st Brigade, 241st Brigade Locations: Ukraine, Soviet, Russia, Soviet Union

☆ Can money buy happiness? 60% of Americans say yes — and the price tag is $1.2 million
▼ + stars: | 2023-11-27 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

watch nowYoung adults put the price of happiness even higherWhen broken down by generation, millennials put the number much higher — more than $500,000 — according to the report. Millennials and Gen Z were also more likely to say money can buy happiness. In addition to soaring food and housing costs, millennials and Gen Z face other financial challenges their parents did not as young adults. Not only are their wages lower than their parents' earnings when they were in their 20s and 30s, but today's young adults are also carrying larger student loan balances. More than half said they would need more than $3 million, and one-third said it would take more than $5 million, according to a report by Edelman Financial Engines.

Persons: millennials, Millennials, Gen, Gen Zers, —, Jason Friday, It's Organizations: Bank of America, Edelman Financial, Wealth Management

☆ Bank of England should look more at money supply, lawmakers say
▼ + stars: | 2023-11-27 | by ( David Milliken | ) www.reuters.com time to read: +3 min

A bus passes the Bank of England in the City of London, Britain, February 14, 2017. "Climate change is the most-cited example of the expansion of the remit," committee chair George Bridges, a Conservative former Brexit minister, told Reuters. The House of Lords committee set up the inquiry in March, following a surge in inflation to a 41-year high last year. The central bank is midway through its own forecasting review led by former U.S. Federal Reserve Chair Ben Bernanke. The House of Lords committee said parliament should have more opportunity to debate these changes, and should conduct in-depth reviews of the BoE's work every five years.

Persons: Hannah McKay, BoE, Mervyn King, George Bridges, Ben Bernanke, Jeremy Hunt, Bridges, David Milliken, William Schomberg Organizations: Bank of England, City of, REUTERS, Economic Affairs Committee, Conservative, Reuters, U.S . Federal, Thomson Locations: City, City of London, Britain, Ukraine

REUTERS/George Fre/File Photo Acquire Licensing RightsNov 27 (Reuters) - Overweight or obese adults lost more weight and shed pounds faster using Eli Lilly's (LLY.N) Mounjaro than those taking Novo Nordisk's (NOVOb.CO) popular rival weight loss drug, according to an analysis of health records and other data. After 3 months of treatment, patients on Mounjaro had lost an average of 2.3% more body weight than those taking Ozempic, the study also found. By 6 months, the difference had widened to 4.3%, and by 12 months, the Mounjaro group had lost an average of 7.2% more weight. An Eli Lilly spokesperson said the company does not promote or encourage the off-label use of any of its medicines, although its drug is now approved for weight loss. A trial is underway comparing the weight loss formulations of the two injected medicines in patients overweight or obese but without type 2 diabetes.

Persons: Lilly, George Fre, Eli Lilly's, Mounjaro, Eli Lilly, Nancy Lapid, Bill Berkrot Organizations: Novo Nordisk, Pharmacy, REUTERS, Novo, Thomson Locations: Provo , Utah, U.S

☆ Why climate change may cost you big bucks — and what to do about it
▼ + stars: | 2023-11-27 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Climate change has been described as a ticking time bomb, the threats of which extend beyond ecosystems and biodiversity to big financial impacts on households and the U.S. economy. Here's what to know, according to Rumbach and David Pogue, host of the podcast "Unsung Science" and author of "How to Prepare for Climate Change: A Practical Guide to Surviving the Chaos." Both experts were interviewed by CNBC during a recent discussion about climate change and its impact on personal finance. "Over time, each incremental increase in climate change is going to up the economic cost bit by bit," Rumbach said. But there are also steps they can take to prepare for the worsening effects of climate change.

Persons: Andrew Merry, Andrew Rumbach, David Pogue, Tim Wright, Rumbach, Pogue, There's, Justin Paget, Digitalvision Organizations: CNBC's, Finance, White, Urban Institute, CNBC, Bloomberg Creative, Bloomberg, Census, Getty, Starbucks, Urban Locations: U.S, Florida, Louisiana, New Orleans

☆ North Korea lashes out at critics, hints at more satellite launches
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

A rocket carrying a spy satellite Malligyong-1 is launched, as North Korean government claims, in a location given as North Gyeongsang Province, North Korea in this handout picture obtained by Reuters on November 21, 2023. KCNA via REUTERS/ File Photo Acquire Licensing RightsSEOUL, Nov 27 (Reuters) - North Korea warned on Monday it would continue to exercise its sovereign rights, including satellite launches, state media KCNA reported, citing the foreign ministry. The report on a statement from a foreign ministry official also criticized a joint statement released by the United States, South Korea and other countries aimed at its recent satellite launch. "It is a legal and just way to exercise its right to defend itself and thoroughly respond to and precisely monitor the serious military action by the U.S. and its followers," the KCNA report said. The United States and nine other countries issued a joint statement last week criticizing North Korea for launching a space booster using ballistic missile technology, calling it a violation of multiple Security Council resolutions.

Persons: Hyunsu Yim, Kim Coghill, Gerry Doyle Organizations: Reuters, KCNA, REUTERS, Rights, U.S, North, Thomson Locations: North Gyeongsang Province, North Korea, Rights SEOUL, United States, South Korea

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