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Over the years these cars have gotten bigger and so has their cost to the climate, as carbon dioxide emissions “are almost directly proportional to fuel use” for gas-powered cars. Since then, he has owned several pure-electric cars, and currently owns both a Genesis GV60 electric SUV and a Tesla Model 3. Meanwhile, smaller vehicles, or sedans, have lost a lot of ground in the U.S. market over the past decade. But even the most efficient SUVs will be less efficient than sedans because SUVs weigh so much more. See more about AP’s climate initiative here.

Persons: it's, George Parrott, ”, Parrott, Eric Frehsée, Loren McDonald, ” McDonald, John Organizations: Global, Initiative, International Energy Agency, Transportation, Toyota, Tesla, EV, U.S, Tamaroff, Chevrolet Tahoe, Toyota Sequoia, Nissan, Honda, U.S . Department of Transportation, Environmental Protection Agency, National, Traffic Safety Administration, AP Locations: West Sacramento , California, Sacramento, U.S, Edmunds, Michigan, Press

[1/3] Chinese Premier Li Qiang (R) and French Foreign Minister Catherine Colonna shake hands at the Great Hall of the People in Beijing, China on November 24, 2023. Jade Gao/Pool via REUTERS Acquire Licensing RightsBEIJING/PARIS, Nov 24 (Reuters) - French Foreign Minister Catherine Colonna is set to meet the Chinese leadership in Beijing on Friday as she seeks to soothe ties after the launch of a European Union anti-subsidy probe backed by Paris into Chinese-made electric vehicles. France is also concerned about Chinese attempts to force French cosmetics companies to share manufacturing secrets with Chinese parties. Xi insisted that China welcomes investment from French firms in a telephone call on Monday with Macron, who urged fair treatment for foreign companies in China. Macron visited China in April with great fanfare, in an attempt to demonstrate France's strategic autonomy from the United States.

Persons: Li Qiang, Catherine Colonna, Jade Gao, Wang Yi, Ursula von der Leyen, Charles Michel, Xi Jinping, Emmanuel Macron, Xi, Macron, Colonna, Laurie Chen, John Irish, Raju Gopalakrishnan Organizations: French, of, People, REUTERS Acquire, Rights, European, European Commission, EU, Thomson Locations: Beijing, China, Rights BEIJING, PARIS, European Union, Paris, France, Ukraine, Iran, Gaza, North Korea, United States

Electric vehicle sales are expected to hit a record 9% of all passenger vehicles in the U.S. this year, according to Atlas Public Policy. That will be up from 7.3% of new car sales in 2022. These figures include both battery electric vehicles and plug-in hybrid EVs. But even as U.S. EV market share grows steadily, hurdles still stand in the way for some car buyers considering electric. Several U.S. states have set target dates by which they expect vehicle sales to be majority zero-emissions.

Persons: EVs, Tesla, Kelley, Alexa St, John Organizations: Atlas Public, EV, American, Ford Motor Co, General Motors, AP Locations: U.S, China, Germany, Norway, California, Washington, New Jersey, Press, ___

☆ Iran's Barring of Inspectors Is Serious Blow to IAEA's Work, Grossi Says
▼ + stars: | 2023-11-22 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

By Francois MurphyVIENNA (Reuters) - Iran's barring of some of the U.N. nuclear watchdog's most experienced and expert inspectors from the team allowed to operate there is a "very serious blow" to the agency's work, the watchdog's chief Rafael Grossi said on Wednesday. One diplomat put the number of inspectors barred in this wave at eight, all of them French and German. That left only one enrichment expert in the team assigned to Iran, they added. They also were inspectors that were familiar with the facilities, had been there for years inspecting the facilities," the senior diplomat said, referring to the de-designated inspectors. The inspector who spotted that change, a Russian enrichment expert, was de-designated later this year, shortly before the others, numerous diplomats said.

Persons: Francois Murphy VIENNA, Rafael Grossi, Grossi, John Irish, Frances Kerry Organizations: International Atomic Energy Agency, IAEA, Diplomats Locations: Tehran, Iran, Paris

☆ Praise, fear after Dutch populist Wilders' election win
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

Dutch far-right politician and leader of the PVV party, Geert Wilders reacts to the exit poll and early results in the Dutch parliamentary elections, in The Hague, Netherlands November 22, 2023. Congratulations to Geert Wilders on winning the Dutch elections!" BELGIAN FAR-RIGHT LEADER TOM VAN GRIEKEN:"I would like to congratulate Geert Wilders on this victory. ITALIAN FAR-RIGHT LEADER MATTEO SALVINI:"Congratulations to our friend Geert Wilders, leader of the PVV and historic ally of the League, for this extraordinary electoral victory. CONSERVATIVE, PRO-BUSINESS VVD PARTY LEADER DILAN YESILGOZ:"It is up to Wilders to show he can form a majority.

Persons: Geert Wilders, Yves Herman Acquire, VIKTOR ORBAN, Geerts Wilders, TOM VAN, SANTIAGO ABASCAL, MATTEO SALVINI, HABIB, KADDOURI, Wilders, FRANS TIMMERMANS, DILAN YESILGOZ, Charlotte Van Campenhout, Bart Meijer, John Irish, Jamie Freed Organizations: REUTERS, Rights, Freedom Party, MARINE, PEN, League, INTERNATIONAL, CONSERVATIVE, Thomson Locations: The Hague, Netherlands, EU, Europe, BELGIAN, Flanders, Paris

☆ SpaceX Starship: What’s next for the most powerful rocket ever built
▼ + stars: | 2023-11-21 | by ( Jackie Wattles | ) edition.cnn.com time to read: +14 min

CNN —Mere moments after SpaceX’s Starship system — the most powerful rocket ever built — was lost in a test flight Saturday, a somewhat complicated narrative around the vehicle began to emerge. “What we did today will provide invaluable data to continue rapidly developing Starship,” SpaceX said Saturday in a statement. SpaceX's mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, on Saturday, November 18, 2023. The Starship spacecraft was then able to ignite its own engines and break away from the Super Heavy rocket booster to continue the mission. SpaceX's Starship rocket prototypes are seen at the SpaceX Starbase in Brownsville, Texas, on August 19, 2023.

Persons: CNN —, Artemis III —, Bill Nelson, SpaceX, —, Eric Gay, John Insprucker, Elon Musk, Jim Watson, Wayne Hale, they’ve, ” Hale, “, They’ve, ”, SpaceX’s, Christina Hammock Koch, Victor Glover, Reid Wiseman, Jeremy Hansen, Wiseman, Glover, Hammock Koch, Hansen, Artemis, Bill Ingalls, Hale, Jeff Bezos, Lakiesha Hawkins, ” Hawkins, NASA isn’t, Apollo Hale, Neil A, Armstrong, Michael Collins, Edwin E, Aldrin Jr, ” What’s, Veronica Cardenas, Reuters It’s Organizations: CNN, SpaceX, NASA, China, Super, International Astronautical, Getty, FAA, CSA, Canadian Space Agency, Orion, Planetary Society, SLS, Origin, Blue, Kennedy Space Center, Saturn, Earth, ” CNN, Reuters, Federal Aviation Administration Locations: Starbase, Boca Chica , Texas, Baku, Azerbaijian, Boca Chica, South Texas, AFP, Texas, Washington, Florida, “, SpaceX’s, Brownsville , Texas

He said the EU had to show "more empathy" for the loss of Palestinian civilian lives in Israel's war against Hamas, launched in response to the deadly Oct. 7 cross-border assault by the Palestinian militant group. On the trip, which ended on Monday evening, Borrell heard Arab leaders and Palestinian civil society activists complain that the 27-nation EU was not applying the same standards to Israel's war in Gaza that it applies to Russia's war in Ukraine. EUROPE STRUGGLESAs High Representative for foreign policy, Borrell is charged with crafting common positions among EU members. It has largely limited itself to support for Israel's right to defend itself within international law and calls for pauses in fighting. Borrell, a veteran Spanish Socialist politician, last month declared that some of Israel's actions contravened international law - to the annoyance of some EU member countries.

Persons: Josep Borrell, Defence Margarita Robles, Isabel Infantes, Kibbutz Be'eri, Borrell, Israel's, Andrew Gray, John Irish, Alexandra Hudson Organizations: EU, Representative, Foreign Affairs, Defence, REUTERS, Palestinian, European Union, Ukraine, Hamas, Reuters, West Bank, United Nations, Spanish Socialist, Alexandra Hudson Our, Thomson Locations: Toledo, Spain, Ukraine, BRUSSELS, Israel, Gaza, Palestinian, Kibbutz, Bahrain, Qatar, Jordan, EU, United States, East, Germany, Austria, Czech Republic, Hungary, Ireland, Belgium, France, Spanish

ET: Bank of America upgrades Penn Entertainment to buy Shares of Penn Entertainment could take off with the company's new initiative, according to Bank of America. ET: Deutsche Bank upgrades Boeing, says free cash flow will boost shares Deutsche Bank thinks there's a bright future ahead for Boeing . And if that's correct, then the momentum on deliveries should carry through to a positive inflection in FCF revisions," wrote analyst Scott Deuschle. Bank of America analyst Alex Vrabel downgraded the electric vehicle charging firm to neutral from buy. "FUN management has achieved more consistent execution, which should translate well to SIX rich asset based structure," wrote analyst David Katz.

Persons: Shaun Kelley, Kelley, Lisa Kailai Han, Scott Deuschle, Deuschle, — Lisa Kailai Han, Caio Ribeiro, Riveiro, Alex Vrabel, Wolfe, Shreyas Patil, Vrabel, Wolfe Research's Patil, Jefferies, David Katz, John Ivankoe, Krispy, Fred Imbert Organizations: CNBC, Deutsche Bank, Boeing, JPMorgan, Bros, Bank of America, Penn Entertainment, ESPN Bet, Atlantic City, PENN, Vale, VALE, Wolfe Research Bank of America, Wolfe Research, ChargePoint, Jefferies, Six Flags, Cedar, Flags, Fair, North, Dutch Bros Locations: Chicago, Tunica, Atlantic, PENN, Bank, North America

Yet according to a raft of polls and surveys, most Americans hold a glum view of the economy. Polls consistently show that most Americans disapprove of Biden's handling of the economy. I hear that from my family.”That's particularly true for some of the goods and services that Americans pay for most frequently: Bread, beef and other groceries, apartment rents and utilities. “Partly because the country is more polarized.”Even so, many Americans, like Charles, are still feeling the pain of inflation. Even if it does, the higher pay may come with a time lag.

Persons: they’re, Joe Biden, Lisa Cook, Cook, ”, Wendy Edelberg, Katherine Charles, Charles, “, ” Charles, Maximus, Eileen Cassidy Rivera, ” Rivera, Karen Dynan, George W, Bush, Obama, Edelberg, ” Edelberg, haven't, Brad Hershbein, Anthony Murphy, Murphy, Aparna Jayashankar, ” Hershbein Organizations: WASHINGTON, Associated Press, NORC, for Public Affairs Research, Federal Reserve's Board of Governors, Duke University, “, Brookings Institution, Medicare, Affordable, Teamsters, Biden, House, Republicans, University of Michigan's, Harvard, Upjohn Institute, Federal Reserve Bank of Dallas Locations: U.S, Tampa , Florida, autoworkers, ”

But the rocket's Super Heavy first stage booster, though it appeared to achieve a crucial maneuver to separate with its core Starship stage, exploded over the Gulf of Mexico shortly after detaching, a SpaceX webcast showed. Meanwhile, the core Starship booster carried further toward space, but a few minutes later a company broadcaster said that SpaceX mission control suddenly lost contact with the vehicle. "We have lost the data from the second stage... we think we may have lost the second stage," SpaceX's livestream host John Insprucker said. About eight minutes into the test mission, a camera view tracking the Starship booster appeared to show an explosion that would suggest the vehicle failed at that time. SpaceX in a post on social media platform X said the core Starship stage's engines "fired for several minutes on its way to space."

Persons: SpaceX's, Joe Skipper, rocketship, John Insprucker, Artemis, Musk, Joey Roulette, Steve Gorman, Will Dunham, Ros Russell Organizations: Boca Chica, REUTERS, Elon Musk, SpaceX, U.S . Federal Aviation Administration, Super, NASA, Boca, Thomson Locations: Brownsville , Texas, U.S, CHICA , Texas, Boca Chica, Texas, of Mexico, Hawaii's, Gulf, Mexico, Boca Chica , Texas, Washington, Los Angeles

SpaceX launched Starship and its Super Heavy booster toward space for the second time on Saturday. Sitting atop its stainless steel Super Heavy booster, Starship stands nearly 400 feet tall. If Starship did reach space on Saturday, it is the largest and most powerful launch system to ever do so. AdvertisementSpaceX's explosions aren't necessarily failure in Musk's eyesThe complete Starship-Super Heavy system first attempted to reach space in April. AdvertisementIt took seven months to make all those adjustments, regain regulatory approval for flight, and prepare to launch Starship a second time.

Persons: Elon Musk, —, Elon, John Insprucker, SPadre.com livestreams, Gene Blevins, Yusaku Maezawa, That's, it's Organizations: SpaceX, Super, NASA, Service, Elon Musk's, Reuters Locations: Boca Chica , Texas, of Mexico, SPadre.com

☆ Watch video of SpaceX's Starship nailing a high-risk 'hot staging' maneuver just minutes before it exploded
▼ + stars: | 2023-11-18 | by ( Jessica Orwig | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

SpaceX's mega-rocket is a two-stage system, consisting of a first-stage Super Heavy booster and a second stage, Starship. (AP Photo/Eric Gay)So SpaceX turned to hot staging — where the upper stage (Starship) fires its engines while still connected to the booster. It's one of the most efficient ways to do stage separation," Musk said during a program update in October, per Aviation Week. At the crucial moment, the stages separately beautifully, with Super Heavy tumbling downward and Starship climbing away from it. The Super Heavy booster explodes as it tumbles downward after separation, in a screengrab from SpaceX's livestream on X. SpaceXStarship, however, kept trucking toward space — until something happened.

Persons: —, Elon Musk's, Eric Gay, Musk, John Insprucker Organizations: Service, SpaceX, Starship, Aviation, Super Locations: SpaceX's

☆ Elon Musk’s SpaceX Starship rocket and spacecraft lost in second test flight
▼ + stars: | 2023-11-18 | by ( Leighton Rowell | Jackie Wattles | ) edition.cnn.com time to read: +10 min

The Super Heavy booster and Starship spacecraft successfully separated after liftoff, as the Starship lit up its engines and pushed away. SpaceX's Starship launches on its second test flight from the Starbase facility in Boca Chica, Texas, on Saturday morning. The method was used to separate the Starship spacecraft and Super Heavy rocket after liftoff. Then, the spacecraft’s flight termination system was triggered to prevent it from veering off course, bringing an early end to the test flight. After April’s explosive first test flight, SpaceX noted “success comes from what we learn, and we learned a tremendous amount.”

Persons: Eric Gay, ”, John Insprucker, Artemis, “ Congrats, Bill Nelson, —, @SpaceX, Jim Free, Elon Musk, Kate Tice Organizations: CNN, Super, Starship, SpaceX, SpaceX's, Federal Aviation Administration, Boca, FAA, NASA, SpaceX Quality Systems Engineering Locations: of Mexico, Boca Chica , Texas, Hawaii

The stockpile continues to grow, the reports say, even though Iran has consistently denied wanting nuclear arms. "The political debate is really not going to be about negotiating with Iran, it's going to be about confronting Iran," he said. This week's IAEA reports showed Iran was making steady nuclear progress and indicated that Tehran continued to stonewall the agency in monitoring its work. Two diplomats said all that could be done in coming months was to support IAEA chief Rafael Grossi's efforts to strengthen oversight of Iran's nuclear programme. "It's way too early to say whether Iran will become a nuclear state or whether it will stay a threshold state like now," one diplomat said.

Persons: Leonhard Foeger, Biden, Trump, Donald Trump, Joe Biden, Israel, Robert Einhorn, Rafael Grossi's, John Irish, Francois Murphy, Arshad Mohammed, Edmund Blair Organizations: International Atomic Energy Agency, IAEA, REUTERS, Trump PARIS, Reuters, U.S, Hamas, Pentagon, U.S . State Department, IAEA Washington, Governors, Thomson Locations: Vienna, Austria, stoke, WASHINGTON, VIENNA, United States, Tehran, Gaza, Iran, European, Washington, Iraq, Syria, U.S, IRAN, IAEA, stonewall, Paris

Israeli Prime Minister Benjamin Netanyahu said at the weekend that the PA in its current form should not take charge of Gaza. In the wake of Netanyahu's comments, Israeli officials have insisted that Israel does not intend to occupy the Gaza Strip. Dahlan has the backing of the influential United Arab Emirates to lead a post-war administration in Gaza, according to diplomats and Arab officials. So far, the U.S. and its allies have not seen any clear roadmap from Israel for its exit strategy from Gaza beyond the declared aim of eradicating Hamas, diplomats say. Not since the U.S. invasion of Iraq in 2003 has there been such widespread concern about military action raging across the Middle East, according to Arab officials and diplomats.

Persons: Israel tightens, Gaza's, Mahmoud Abbas, Fatah, Benjamin Netanyahu, Mohammed Dahlan, Israel, Dahlan, Joe Biden, Netanyahu, Gaza –, –, Abu Mohammad, We're, Biden, Jonathan Panikoff, government's, Biden's, Antony Blinken, Blinken, Abbas –, Abbas, Mohammad Shtayyeh, Abu Dhabi, Marwan Barghouti, Washington, Joost R, John Kirby, Nidal al, Humeyra Pamuk, Matt Spetalnick, Andrew Mills, James Mackenzie, Crispian Balmer, John Irish, Aidan Lewis, Alexander Cornwell, Samia Nakhoul, Daniel Flynn Organizations: Palestinian, Hamas, Israel Defense Forces, REUTERS, Authority, Palestinian Authority, West Bank, United, Israel, U.S, policymaking, Reuters, Atlantic Council, Gaza, Western, Israel ., UAE, North Africa, Crisis, House, Thomson Locations: Gaza, Israel, Gaza Israel, Iraq, Afghanistan, Palestinian, U.S, United States, Washington, Hamas, Abu Dhabi, United Arab Emirates, America, Egypt, Jordan, UAE, Saudi Arabia, Qatar, Tokyo, Oslo, European, technocrats, United Nations, Middle East, Iran, GAZA, Doha, Jerusalem, Paris, Cairo, Dubai

☆ France calls West Bank Israeli settler violence 'policy of terror'
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

An Israeli army vehicle operates during an Israeli raid in Jenin, in the Israeli-occupied West Bank, November 9, 2023. REUTERS/Raneen Sawafta/File photo Acquire Licensing RightsPARIS, Nov 16 (Reuters) - France on Thursday condemned violence by Israeli settlers in the occupied West Bank, calling it a "policy of terror" aimed at displacing Palestinians and urging Israeli authorities to protect Palestinians from the violence. Speaking in Geneva on Thursday, Turk said he was deeply concerned about the intensification of violence against Palestinians in the West Bank. But just in the three weeks since the Oct 7 attack, more than 120 West Bank Palestinians have been killed. Israel captured the West Bank in the 1967 Middle East war and it has been under military occupation since, while Israeli settlements have consistently expanded.

Persons: Raneen, Anne, Claire Legendre, Volker Turk, Turk, Israel, France's Legendre, France, John Irish, Bernadette Baum, Angus MacSwan Organizations: West Bank, REUTERS, Rights, United Nations, Bank, Thomson Locations: Israeli, Jenin, France, Israel, Gaza, Geneva, East Jerusalem, Palestinian

☆ Iran's nuclear enrichment advances as it stonewalls UN, IAEA reports show
▼ + stars: | 2023-11-15 | by ( Francois Murphy | ) www.reuters.com time to read: +4 min

[1/3] The logo of the International Atomic Energy Agency (IAEA) is seen at the organisation's headquarters in Vienna, Austria, June 5, 2023. Iran's stock of uranium enriched to up to 60% grew by 6.7 kg (14.8 pounds) to 128.3 kg (282.9 pounds) since the last report on Sept. 4, one of the two reports to member states seen by Reuters said. Iran has enough uranium enriched to lower levels for more bombs, but it denies seeking such weapons. Since then the IAEA has narrowed the list of sites to two but little other progress has been made. "The (IAEA) Director General (Grossi) continues to strongly condemn Iran's sudden withdrawal of the designations of several experienced Agency inspectors," it added.

Persons: Leonhard Foeger, Rafael Grossi, John Irish, Toby Chopra, Jonathan Oatis Organizations: International Atomic Energy Agency, REUTERS, Companies Iran, IAEA, International Atomic Energy, Reuters, Governors, Iran's, Thomson Locations: Vienna, Austria, Iran, VIENNA, United States, Gaza, Paris

☆ Paris 2024 calls for vigilance amid disinformation campaign
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

The logo of the Paris 2024 Olympics and Paralympics Games is seen on an official toy mascot at the Doudou et Compagnie factory in La Guerche-de-Bretagne near Rennes in Brittany, France, April 12, 2023. "Between now and the Games, Paris 2024 will continue to monitor, in conjunction with the relevant authorities, the veracity of information circulating about the event and its organisation," Paris 2024 said in a statement on Tuesday. Ties between Paris and Baku have been strained in recent months and have worsened since Baku took control of the Nagorno-Karabah region. Paris 2024 said it was not the first time such campaigns had been aimed at the Games. In summer 2022, a video from New York Insider linking the June riots to the organisation of Paris 2024 went viral, it said.

Persons: Stephane Mahe, VIGINUM, Julien Pretot, John Irish, Angus MacSwan Organizations: Paralympics, Compagnie, REUTERS, Games, New, Paris, Thomson Locations: La Guerche, Bretagne, Rennes, Brittany, France, Azerbaijan, Paris, Baku, Karabah, New York

The up-and-coming indie twang band Wednesday released a track called “Formula One” on their 2023 album. Glynn Wedgewood, COTA's senior vice president of music and entertainment, says the track first introduced live music performances with Elton John in 2015. “Artists in Residency can really help bridge that gap.”Tiësto, a lifelong F1 fan, released the album “Drive” in April, featuring an F1 racing helmet on the cover. The Vegas race is the most expensive event on this year’s calendar. The mastermind behind the “Barbie” soundtrack already knows there’s a big crossover between music fans and F1 fans.

Persons: George Harrison, Mario Andretti namecheck, Quest’s, ’, Red Bull, Sergio “ Checo ” Perez, will.i.am, J Balvin, John Legend, Keith Urban, Kylie Minogue, Glynn Wedgewood, COTA's, Elton John, Taylor Swift, COTA, Adam Lambert, ” Wedgewood, “ It's, ”, “ It’s, Stefano Domenicali, —, Lil Wayne, “ Let’s, J, he’s, “, Charles LeClerc, Lewis Hamilton, Christina Aguilera’s, Chloe, Aston Martin, Lance, “ I’ve, hasn’t, Mark Ronson, Barbie, Barbie ’ Organizations: ANGELES, One, Monaco, Las Vegas, U.S, Vegas, ESPN, One’s, Formula One, Prix, Marina, Circuit, “, Ferrari, Mobile Locations: ”, Americas, Austin , Texas, Miami, Wedgewood, Singapore, U.S, Florida, Vegas

☆ French report flags Azeri-linked disinformation campaign targeting 2024 Olympics
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

According to the report seen by Reuters and other media, the campaign ran from July 26-27 on an account of an Azerbaijani individual on social media X, formerly Twitter, with links to the Azeri presidential party. However, Viginum said it had not been able to link the campaign directly to the Azerbaijani authorities. Ties between Paris and Baku have been strained in recent months and have worsened since Baku took control of the Nagorno-Karabah region. A French diplomatic source said Paris had asked Baku for clarifications on the disinformation campaign. It would also be discussing the matter with X, formerly Twitter, in the coming days, the source said.

Persons: Benoit Tessier, Viginum, Paris, John Irish, Tassilo Hummel, Jonathan Oatis Organizations: IOC, Paris, REUTERS, Rights, Reuters, Vigilance, Protection, Thomson Locations: Paris, France, Azerbaijan, Baku, Karabah, Armenia, Nagorno, Karabakh

☆ 3 ways to evaluate a company's debt level to help judge the risk of buying its stock
▼ + stars: | 2023-11-12 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

But what if I then told you that John also only has $50,000 cash in the bank whereas Jane has $2 million cash in the bank? Debt to equity The ratio compares the level of a company's debt on its sheet to the amount of equity. For example, if a company has assets worth $3 million and liabilities worth $1 million, shareholder equity equals $2 million ($3 million – $1 million) and debt to equity equals 0.5x ($1 million / $2 million). Debt service coverage ratio Since we just mentioned the importance of being able to service debt, let's consider a ratio that provides insight into that, the debt service coverage ratio. To do this, we use a metric such as operating income and compare it to the company's debt service requirement, meaning all principal and interest payments due in the next year.

Persons: Jim Cramer, Gail, John, Jane, let's, Eli Lilly, it's, Lilly, Cramer's, Jim Organizations: Procter, Gamble, Honeywell, Cramer's Charitable, CNBC

Smoke rises as displaced Palestinians take shelter at Al Shifa hospital, amid the ongoing conflict between Hamas and Israel, in Gaza City, November 8, 2023. International institutions and non-governmental organisations (NGOs) operating in Gaza, such as Doctors Without Borders, are also due to attend. There will be a discussion to set up a maritime corridor to use sea lanes to ship humanitarian aid into Gaza and see how ships could be used to help evacuate the wounded. Without buy-in from Israel or Hamas for a pause there is little prospect of things moving quickly. "This is a first rate humanitarian issue and the international community has to discuss this topic as part of a humanitarian discussion on Gaza."

Persons: Doaa, Israel, John Irish, David Gregorio Our Organizations: REUTERS, Gaza, Israel, Islamists, Palestinian, Reuters, Thomson Locations: Al Shifa, Israel, Gaza City, Paris, PARIS, Gaza, France, Egypt, Jordan, Russia

☆ It's Not Guantanamo, Italy's Tajani Says, Defending Albania Migrant Camps
▼ + stars: | 2023-11-09 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

PARIS (Reuters) - A deal that allows Italy to build migrant reception and detention camps in Albania respects European Union rules, Italy's foreign minister said on Thursday, dismissing suggestions they were an Italian Guantanamo Bay. Italian opposition parties have denounced Meloni's plans as a deportation, with Riccardo Magi, a lawmaker with the centrist +Europa group, evoking the notorious Guantanamo Bay extrajudicial camps used by the U.S. in Cuba to detain Islamist terrorism suspects. It's a normal humanitarian accord," Tajani said. The German government agreed to look into whether asylum procedures could be carried out outside the European Union, though Chancellor Olaf Scholz expressed scepticism on whether that was constitutionally possible and if countries would agree to it. (Reporting by John Irish; additional reporting by Alvise Armellini; editing by Nick Macfie)

Persons: Giorgia Meloni, Meloni's, Riccardo Magi, Antonio Tajani, It's, Tajani, Chancellor Olaf Scholz, John Irish, Alvise, Nick Macfie Organizations: PARIS, European, of Human Rights, Court, Justice, European Union Locations: Italy, Albania, Italian Guantanamo, U.S, Cuba, Guantanamo, Germany

☆ Dollar bounces after sharp selloff, weak data hurts euro
▼ + stars: | 2023-11-07 | by ( Karen Brettell | ) www.reuters.com time to read: +4 min

U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. "If you look at the percentage of currencies that have been down versus the dollar over the last 26 weeks, it was approaching 100%, and data also showed very long dollar positioning ... Traders are now pricing in only a slim chance of a further interest rate increase by the Fed and see three 25-basis-point rate cuts by next November. The euro fell 0.20% to $1.0695 after data showed a larger-than-expected fall in German industrial production in September. The yen softened to 151.74 per dollar last week, edging closer to October 2022 lows that spurred several rounds of dollar-selling intervention.

Persons: Dado Ruvic, Marc Chandler, Jerome Powell, Chester Ntonifor, Chandler, Powell, Christopher Waller, Michelle Bowman, Neel Kashkari, Austan Goolsbee, Fiona Cincotta, Karen Brettell, Alun John, Ankur Banerjee, Paul Simao, Mark Heinrich Our Organizations: REUTERS, U.S ., Australian, greenback, Fed, Bannockburn Global, BCA Research, Traders, . Minneapolis, Chicago Fed, PMI, Index, Reserve Bank of Australia, Thomson Locations: Tokyo, U.S, Bannockburn, New York, London, Singapore

☆ Dollar bounces after sharp selloff, euro dented by weak data
▼ + stars: | 2023-11-07 | by ( Karen Brettell | ) www.reuters.com time to read: +4 min

U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. The dollar index which tracks the U.S. unit against six main peers, was up 0.37% at 105.64. If that continues, he added, attention will turn to how long to keep interest rates at current levels. The euro fell 0.37% to $1.0677 after data showed a larger-than-expected fall in German industrial production in September. The yen softened to 151.74 per dollar last week, edging closer to October 2022 lows that spurred several rounds of dollar-selling intervention.

Persons: Dado Ruvic, Jerome Powell, Marc Chandler, Chester Ntonifor, Chandler, Powell, Neel Kashkari, Austan Goolsbee, Fiona Cincotta, Carol Kong, Karen Brettell, Alun John, Ankur Banerjee, Paul Simao Organizations: REUTERS, U.S ., Australian, Fed, Bannockburn Global, BCA Research, Traders, Minneapolis, . Chicago Fed, PMI, Index, Reserve Bank of Australia, Commonwealth Bank of Australia, Thomson Locations: U.S, Bannockburn, New York, Tokyo, London, Singapore

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