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That's a lengthier list of travel insurance than you're going to find on just about any other no-annual-fee credit card. The Ink Business Cash® Credit Card is also one of the few no-annual-fee credit cards that offer primary rental car insurance (when renting for business purposes). Review: Chase Ink Business Cash Credit Card reviewBest no annual fee travel credit cards frequently asked questions (FAQ)Are no annual fee travel credit cards worth it? What is the best no annual fee credit card for international travel? From the above list, the best credit card for international travel is likely to be the IHG® Rewards Traveler Credit Card for a couple of reasons.
BOJ Kuroda stresses need to maintain ultra-easy policy
  + stars: | 2023-01-30 | by ( ) www.reuters.com   time to read: 1 min
TOKYO, Jan 30 (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Monday stressed the importance of maintaining ultra-loose monetary policy to support the economy and prod companies to raise wages. "Japan's trend inflation is likely to gradually accelerate ... but that will take some more time," Kuroda told parliament. "Uncertainty regarding Japan's economy is extremely high. It's therefore important now to support the economy, and create an environment where companies can raise wages," he said. Reporting by Leika Kihara; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.
There's a middle ground between quiet quitting and burning yourself out: it's called "enoughness." But not so much that it controls your life and you don't have energy for yourself. According to Robert Kelley, a professor at Carnegie Mellon University's Tepper School of Business, there's a word for what many of us are seeking: "enoughness." We don't want to slack off, or even quiet quit, but we're less willing to make our jobs our top concern. "Very few people get recharged from their work," Kelley said.
Rome has been working to renew the "GACS" scheme, which expired in June, while also tightening the terms under which the state provides guarantees to investors who buy bad bank loans repackaged as securities. Under the new terms agreed with the EU, the scheme would cover 80% instead of 100% of the least risky tranche in bad debt securitisation deals, the sources said. The Treasury had also considered hiking a credit rating threshold needed for the senior tranche to qualify for the GACS guarantees, but is instead leaving it unchanged, one of the sources said. Since its launch in 2016, the GACS scheme has rid Italian banks of 117 billion euros ($127 billion) in bad debts by softening the hit from disposals to their earnings. Italy had already tightened the GACS terms in 2019, raising the senior tranche's minimum rating and introducing mechanisms to prod debt collection companies to stick to business plans.
It followed a 3.9% rise in December and stayed above the central bank's 2% target for an eighth straight month, data showed on Friday. "These readings point squarely at a further, large increase in inflation at the national level this month," said Darren Tay, Japan economist at Capital Economics. Government measures to lower energy bills will kick in next month and bring inflation down by about 1% point," he said. The BOJ kept monetary policy ultra-loose this month but raised its inflation forecasts in fresh quarterly projections, as companies continued to pass on higher raw material costs to households. Kuroda, whose term will end in April, has stressed the need to keep monetary policy ultra-loose until wages rise more, changing the recent cost-push inflation into inflation driven by robust domestic demand.
An activist investor like Trian Partners' Nelson Peltz on Walt Disney 's (DIS) board could help prod the entertainment conglomerate to address its financial woes and implement much-needed changes to create long-term value for the company and its shareholders. "Lots of angry people ask me why I support Nelson Peltz for the Disney board, and I give a simple answer: What has this board done for its shareholders other than wipe out more shareholder money?" Nonetheless, Disney's board unanimously decided against offering Peltz a seat, according to an SEC filing the company submitted Tuesday. Peltz, whose next step in his fight is to convince voting Disney shareholders he deserves a board seat, has had success serving on several company boards. Wall Street has had a mixed reaction to Peltz's efforts to obtain a board seat.
That's a lengthier list of travel insurance than you're going to find on just about any other no-annual-fee credit card. The Ink Business Cash® Credit Card is also one of the few no-annual-fee credit cards that offer primary rental car insurance (when renting for business purposes). Review: Chase Ink Business Cash Credit Card reviewBest no annual fee travel credit cards frequently asked questions (FAQ)Are no annual fee travel credit cards worth it? What is the best no annual fee credit card for international travel? From the above list, the best credit card for international travel is likely to be the IHG® Rewards Traveler Credit Card for a couple of reasons.
At shareholder meetings, she was the stinging nun. For more than four decades, Sister Patricia Daly pursued her chosen vocation: shareholder activist and scourge of corporate CEOs. A member of the Roman Catholic Sisters of St. Dominic congregation of Caldwell, N.J., she worked with religious shareholder groups to prod companies to take action on issues including environmental protection and human trafficking. She matched wits with General Electric Co. then-Chief Executive Jack Welch at a shareholder meeting in 1998, when she urged GE to issue warnings about the risks of eating fish contaminated with polychlorinated biphenyls, or PCBs, from its plants.
"The biggest challenge for Japan's economy is a lack of wage growth. Unless wages rise, consumption won't pick up and companies won't increase investment," Kihara said, speaking during a television programme. While companies are responsible for deciding how much they hike pay, the government can help achieve higher wages through tax incentives, Kihara said. "The government will increase its focus on achieving wage growth. Japan's consumer inflation hit a four-decade high of 3.7% in November, well above the BOJ's target, hitting households who have yet to see wages rise enough to make up for the spike in prices of consumers goods.
Analysts who follow the industry say ESG funds' performance has been held back, most clearly, by the fact that many sustainable or ESG funds avoid companies that make fossil fuels. The average large-cap stock ESG fund had lost nearly 20% in 2022 through Dec. 21, according to Morningstar. Morningstar energy strategist Stephen Ellis thinks that's unlikely, since "we see the stocks as fairly valued to expensive," particularly in the oil part of the petroleum business. ETF – which emphasizes gambling and alcohol along with pharmaceuticals, without major holdings in oil and gas – is down 18%. ESG fund flows in Europe have held up much better than in the U.S, which Morningstar's Stankiewicz says is because of more pro-ESG regulations.
Kuroda said the BOJ's decision last week to widen the allowance band around its yield target was aimed at enhancing the effect of its ultra-easy policy, rather than a first step toward withdrawing its massive stimulus programme. "Labour market conditions in Japan are projected to tighten further, and firms' price- and wage-setting behaviour is also likely to change," Kuroda said. The BOJ shocked markets last week with a surprise widening of the band around its 10-year yield target. The outcome of next year's spring wage negotiations between big companies and unions will also be key to the outlook for wage growth, he said. Speaking at the same meeting, Prime Minister Fumio Kishida called for business leaders' help in achieving wage growth high enough to compensate households for the rising cost of living.
Haruhiko Kuroda, governor of the Bank of Japan, speaks during a news conference at the central bank's headquarters in Tokyo on Dec. 20, 2022. Yuya Yamamoto | Jiji Press | Bloomberg | Getty ImagesBank of Japan Governor Haruhiko Kuroda on Monday brushed aside the chance of a near-term exit from ultra-loose monetary policy but voiced hope that intensifying labor shortages will prod firms to raise wages. "Labor market conditions in Japan are projected to tighten further, and firms' price- and wage-setting behavior is also likely to change," Kuroda said. "In this sense, Japan is approaching a critical juncture in breaking out of a prolonged period of low inflation and low growth," he said. The BOJ shocked markets last week with a surprise widening of the band around its 10-year yield target.
Futures subdued after BOJ's policy surprise
  + stars: | 2022-12-20 | by ( ) www.reuters.com   time to read: +2 min
SummarySummary Companies Futures: Dow climbs 0.12%, S&P up 0.01%, Nasdaq off 0.13%Dec 20 (Reuters) - U.S. stock index futures came under pressure on Tuesday after the Bank of Japan surprised global investors with a policy shift that would allow long-term interest rates to rise more. The BOJ decided to allow the 10-year bond yield to move 50 basis points either side of its 0% target, bigger than the previous 25 basis point band, against expectations of no change at its policy meeting. Treasuries fell following BoJ's shock move, with benchmark 10-year Treasury yield rising more than 8 basis points to a three-week high of 3.6676%. A slew of other economic data due this week including consumer confidence, existing home sales and core inflation will provide more clues to investors on future interest rate hikes. ET, Dow e-minis were up 41 points, or 0.12%, S&P 500 e-minis were up 0.25 points, or 0.01%, and Nasdaq 100 e-minis were down 14.25 points, or 0.13%.
The office of Ashraf Ghani, the US-backed Afghan president, had been informed about the problem, insiders say. The smuggling flouted Afghan laws requiring travelers to declare cash or gold worth $10,000 or more and a strict ban on exporting $20,000 or more. The documents identify the two men as being part of the 2021 smuggling ring; they do not allege who was behind the $824 million smuggled in 2019 and 2020. Afghan President Ashraf Ghani meets with President Joe Biden in June 2021. The UAE is also the home of Ghani and Noor, the former provincial governor with alleged ties to the Hairatan smuggling ring.
The world can harness trade to save the planet
  + stars: | 2022-11-21 | by ( Hugo Dixon | ) www.reuters.com   time to read: +7 min
But the right trade policies can also do a lot to save the planet. The first step is to have even-handed carbon tariffs. The World Trade Organization is worried that imposing carbon tariffs in an uncoordinated way could damage global trade and is working on a framework to avoid this. Global trade is struggling following the Covid-19 pandemic, Russia’s invasion of Ukraine and tension between China and America. By COP28, they and other countries should drive forward trade policies to save the planet.
CNN —Brentford defeated Manchester City 2-1 on Saturday at the Etihad Stadium, ending City’s run of 16 consecutive home victories with a breathtaking breakaway goal in the 98th minute that sealed victory. One moment, Phil Foden was taking a corner for Manchester City; a chance to set up a winning goal with the scores tied at 1-1 and the clock in added time. The next, Yoane Wissa had intercepted the ball and was haring down the wing to the opposite end of the pitch. Toney scores his team's first goal. Just ten minutes later, the Spaniard intervened in defense, somehow sweeping away another Brentford attempt on goal.
CNN —New car prices are finally coming down. Over the past few months, though, prices have fallen to only about $230 over MSRP, on average, according to Edmunds. Land Rover models, on average, still sell for $4,500 over sticker price while Kia models sell for about $1,600 over sticker price. For the past 17 months, though, according to Cox Automotive, vehicle inventory shortages have enabled car dealers to push prices above MSRP. Used car prices are also starting to come down a bit, something that could prod new car shoppers back into the market, said Drury.
Trump’s mendacity is arguably the Second Big Lie. Four years earlier, the Hillary Clinton campaign and leading Democrats refused to acknowledge the outcome of the 2016 election, by claiming Donald Trump was not a legitimate president. “He knows he’s an illegitimate president,” said Clinton, also three years later. She repeated this sentiment in 2020, telling The Atlantic the election “was not on the level,” and again when she called Trump’s win illegitimate. These two phenomena are inextricably linked: The 2016 election denial paved the way for Trump’s lies four years later.
COP27 climate summit: Here's what to watch
  + stars: | 2022-11-06 | by ( Ella Nilsen | ) edition.cnn.com   time to read: +9 min
Given countries’ current promises, Earth’s temperature will climb to between 2.1 and 2.9 degrees Celsius by 2100. “No country has a right to be delinquent,” US Climate Envoy John Kerry told reporters in October. It is likely loss and damage will have space on the official COP27 agenda this year. And US officials often stress they want to also unlock private investments to help countries transition to renewables and deal with climate effects. Getty ImagesCOP27 is intended to hold countries’ feet to the fire on fossil fuel emissions and gin up new ambition on the climate crisis.
Troubling recent reports reveal the emergence of new omicron subvariants that not only evade AstraZeneca’s Evusheld, the antibody drug authorized to prevent Covid infection, but also the sole antibody drug that has retained effectiveness as treatment for Covid, Eli Lilly’s bebtelovimab. Doctors have cautioned that should Laura get Covid, this could aggravate her autoimmune disease and lead to catastrophic kidney damage. Evusheld is a long-acting antibody injection given every six months that studies have suggested provides a robust buffer to the immunosuppressed. For now, immunocompromised people are anxiously watching the pandemic forecast to see if the subvariants that research indicates evade monoclonal antibodies will become predominant. “If fewer people are prescribed Evusheld,” she said, “there’s less incentive for drug companies to start developing newer therapeutics.
The company has made several big moves on telehealth, clinics healthcare research, and more. The Bentonville, Arkansas-based retailer announced in October the launch of the "Walmart Healthcare Research Institute," an institute geared toward helping underserved communities participate in clinical research. But Walmart has still faced significant challenges, from major leadership departures to a slower than expected rollout of healthcare clinics. Rolling out healthcare clinics nationwideA Walmart Health center. Launching a research institute for clinical trial participationWalmart is seeking to bolster clinical trial participation with its new healthcare research institute.
Sovereign debt greens yet net-zero pledges darken
  + stars: | 2022-10-13 | by ( George Hay | ) www.reuters.com   time to read: +5 min
LONDON, Oct 13 (Reuters Breakingviews) - Governments are increasingly getting into green bonds. Nearly 40 sovereigns as well as other local public entities have issued green bonds in recent years. And they are also issuing green debt at increasingly longer tenors: in August the Monetary Authority of Singapore raised $2.4 billion via a 50-year green bond. Still, the boom in sovereign green bonds has not been accompanied by much progress towards net zero. The bonds’ proceeds will be earmarked for environmental investments, such as energy efficiency projects.
"Star Trek: Discovery" actor Anthony Rapp testified Wednesday that the moment Oscar-winning actor Kevin Spacey allegedly climbed on top of him at a New York City party in 1986 was "the most traumatic single event of my life" and caused "lingering impacts." Rapp was 14 at the time of the alleged encounter and Spacey was 26. Rapp testified that at some point, an apparently drunk Spacey entered the room, lifted him up, placed him on a bed and rested his body on top of him. "I never wanted Kevin Spacey's career," Rapp told jurors. Rapp testified that he has shared his Spacey allegation with friends over the years, but he does not know "the number" of people he has told.
Their results, published Wednesday in the journal Nature, showed that the brain-like human tissue integrated with the rat tissue, then continued to mature. The researchers injected the human tissue into the rats’ somatosensory cortexes — regions that receive and process sensory information like touch or pain. The researchers also used a puff of air to prod the rats’ whiskers, then observed how the human neurons responded. "We found that human neurons respond very quickly after we stimulated the whiskers. "Human neurons become part of the rat circuitry," Pașca said, adding that the neurons were "sparkling with electrical activity" under a microscope.
Spacey then came in and invited Rapp and Barrowman to dinner at a casual restaurant nearby, Rapp testified. Rapp testified Tuesday that he has no recollection of that visit. Rapp testified that he went on to see six other Spacey movies, including "The Usual Suspects," "L.A. Rapp testified that he shared his allegations privately with at least five friends over the years, including Barrowman. Rapp testified that he was not involved in the publication process and did not see a draft of the article before it was published.
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