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AdvertisementAfter Paige said she wanted to do the grocery shopping, I thought, "I just need to think about the steps here." Grocery shopping has three parts: what you need, where it is, and checking out. She learned the layout of the grocery store and how to use the chip on the credit card. I'm practicing grocery shopping by myself." Grocery shopping is super fun for her.
Persons: , Russ Perry, Paige, she'll, I've, Rees, Perry, she's, It's Organizations: Service, Business Locations: Arizona
"Interest rates took the elevator going up, but they'll be taking the stairs coming down," he said. That makes paying down high-cost credit card debt a top priority since "interest rates won't fall fast enough to bail you out of a tight situation," McBride said. "Many Americans have been holding off on making vehicle purchases in the hopes that prices and interest rates would come down, or that incentives would make a return," Caldwell said. Student loansFederal student loan rates are also fixed, so most borrowers won't be immediately affected by a rate cut. Eventually, borrowers with existing variable-rate private student loans may be able to refinance into a less expensive fixed-rate loan, he said.
Persons: Spencer Platt, APRs, McBride, they'll, Jacob Channel, Jessica Caldwell, Edmunds, Caldwell, Mark Kantrowitz Organizations: Getty, Treasury, Auto, Fed Locations: New York City, Edmunds
Bulletproofing America’s Classrooms
  + stars: | 2024-09-18 | by ( Emily Baumgaertner | Alex Kalman | ) www.nytimes.com   time to read: +11 min
Ballistic armor companies are marketing protective products designed for the military to parents and schools. A snippet from a series of demonstration video on First Line Furniture's website. Bulletproof Collapsible Safe RoomsA snippet from a demonstration video on the KT Security Solutions website. Still, with another back-to-school season in full force, some educational leaders are deeply troubled by the proliferation of armored products. “Arm us with books, counselors and resources, not bulletproof vests,” said Randi Weingarten, president of the American Federation of Teachers.
Persons: , McGraw Hill, , Dewey Cornell, Steve Naremore, you’re, ’ ”, I’m, , Kenneth Trump, , Carrie Gaines, Gunnar, Hardwire, Trump, James Bond, Aaron Taormino, Seals, Mr, Daniel Leventry, ’ It’s, we’ll, J.C, Velazquez, Let’s, Ross Kaelin, Steven Lamkin, Randi Weingarten Organizations: National Institute of Justice, , University of Virginia, Atomic Defense, Tuffy, New York Times, Lineville Elementary, KT, Solutions, KT Security Solutions, 3M, Covenant School, Salisbury Christian School, Police, American Federation of Teachers Locations: United States, Uvalde , Texas, America, Redding, Calif, Parkland, Tampa , Fla, , Alabama, Nashville, Tenn, Maryland, Salisbury, Md, hardwirellc.com
Vice President Kamala Harris on Tuesday ripped Donald Trump's repeated bashing of Haitian immigrants in Springfield, Ohio, saying the former president was "spewing lies grounded in tropes." During last week's presidential debate, which was viewed by more than 67 million people, Trump said: “In Springfield, they’re eating the dogs. They’re eating — they’re eating the pets of the people that live there.”Harris said of Trump on Tuesday, "When you have that kind of microphone in front of you, you really ought to understand how much your words have meaning." Law enforcement resources being put into this because of these serious threats," Harris said. "The governor of Ohio came out yesterday and said every single one of those bomb threats was a hoax, and all of those bomb threats came from foreign countries.
Persons: Kamala Harris, Donald Trump's, Harris, it’s, , Trump, Sen, JD Vance, Ohio, ” Harris, Vance, Donald Trump, Mike DeWine, DeWine, Rob Rue, Rue, ” Rue Organizations: National Association of Black Journalists, Trump, Republican, ABC News, Springfield Locations: Springfield , Ohio, Springfield, Michigan, Ohio
Gold's rally to records shows no signs of slowing
  + stars: | 2024-09-17 | by ( Fred Imbert | ) www.cnbc.com   time to read: +2 min
Gold prices just won't stop rising. Year to date, gold is up nearly 26% — outpacing the S & P 500's 18% gain. Since ETF holdings only increase gradually as the Fed cuts, this upside is not yet fully priced in." Investors seeking exposure to gold can obtain it through exchange traded funds, such as the SPDR Gold Shares ETF (GLD) . The fund, which tracks gold prices and charges 0.4% in fees, is up nearly 25% in 2024.
Persons: Goldman Sachs, Lina Thomas, Thomas, Christopher Danely Organizations: Reserve, Goldman, Miners, Gold Miners, Citigroup, Micron Technology
How rate cuts workCentral banks cut interest rates for two main reasons: financial conditions are expected to worsen drastically, or inflation has cooled so much that leaving interest rates at high levels will be overly restrictive and put a drag on the economy. The Fed lowers its target rate by buying more securities, namely Treasury notes and mortgage-backed securities. When they have more money to lend out, they don’t need to charge such high interest rates on mortgages and other types of loans they offer. Business' hiring decisions can be influenced by the Federal Reserve's interest rate decisions. When the Fed lowers or raises rates, it takes a while for the full effect of those moves to be felt across the economy.
Persons: you’ve, Jerome Powell, it’ll, Don’t, don’t, Banks, it’s, Thomas Drechsel, Lynne Sladky, , “ they’re, ” Said, Milton Friedman, ” Drechsel, , they’re, Drechsel Organizations: New, New York CNN, Federal Reserve, University of Maryland, Business, Netflix, CNN, Fed Locations: New York
The Iran-backed militant group said the wireless devices began to explode around 3:30 p.m. local time in a targeted Israeli attack on Hezbollah operatives. Experts say the explosions, unprecedented in their scale and nature, underscore Hezbollah’s vulnerability as its communication network was compromised to deadly effect. CNN could not geolocate the image, but has verified it was published Tuesday, the same day as the explosions. Hostilities are at an all-time high between Israel and Hezbollah following Hamas’ October 7 attack on Israel. US Secretary of Defense Lloyd Austin spoke twice with his Israeli counterpart, Israeli Defense Minister Yoav Gallant, according to two US defense officials.
Persons: Israel, , Hassan Nasrallah, , Avi Melamed, ” Melamed, David Kennedy, I’ve, John Miller, Amos Yadlin, Nasrallah, Yahya, ” Yadlin, Kim Ghattas, Ahmad Kaddoura, Miller, Ismail Haniyeh, Mohamed Azakir, , Defense Lloyd Austin, Yoav Gallant Organizations: CNN, Hamas, Middle, GPS, New York Times, Times, US National Security Agency, Intelligence, Getty, American University of, American University of Beirut Medical Center, Reuters, Global, Defense, Israeli Locations: Lebanon, Iran, Gaza, East, Israel, Lebanese, Israeli, Sidon, Anadolu, United States, Iranian, Tehran, American University of Beirut
1 for employee wellbeing, according to the 2024 Work Wellbeing 100 from Indeed and the University of Oxford's Wellbeing Research Centre. Indeed's ranking found that companies with higher work wellbeing scores also have higher valuations, returns on assets and profits. "A lot of these companies tend to prioritize work flexibility," says Kyle M.K., a talent strategy advisor at Indeed. "Companies that provide choice are the ones that tend to have a much better reputation among their employees," M.K. "By prioritizing work wellbeing, companies cultivate a more resilient, effective and happier workforce which ultimately drives business growth."
Persons: Kyle M.K, LaFawn Davis, Indeed's Organizations: University of Oxford's, Research, Nasdaq, Companies, Block, Human, Delta Air Lines, Accenture Nike, International Disney Parks, Flex, Walt Disney Company Wipro, Vans, Technology Solutions, Bros Coffee Microsoft FedEx Freight, CNBC
But the Covid-19 vaccines provided 54% protection against symptomatic infection last season, CDC data shows, despite new variants that cropped up. The updated Covid-19 vaccines are available now, but ideal timing for getting the shot may differ based on individual circumstances. Unlike the flu and Covid-19 vaccines, the RSV vaccine is one-time dose. The CDC says it’s also acceptable to get Covid-19, flu and RSV shots at one time, for those who are eligible. Covid-19, flu and RSV vaccines are widely available at pharmacies across the US.
Persons: CNN —, There’s, Mandy Cohen, , ” Dr, Sandra Fryhofer, Fryhofer, Katelyn Jetelina, it’s, Dr, Sanjay Gupta Organizations: CNN, US Centers for Disease Control, CDC, Moderna, Pfizer, American Medical, , CNN Health Locations: United States
Over the last year, a growing number of cinnamon products have been recalled in the U.S. due to high levels of lead. That prompted Consumer Reports to test brands such as Badia, McCormick and Morton & Bassett, along with smaller brands, across 17 mainstream and niche grocery stores. It found high levels of lead in 12 products, with levels reaching 3.5 parts per million. Paras cinnamon powder had the most lead, according to Consumer Reports, containing 3.52 ppm. The FDA has wound down some of its response efforts to its cinnamon applesauce investigation but will continue to monitor other products in stores for high lead levels.
Persons: Food and Drug Administration hasn’t, , Laurie Beyranevand, “ I’m, Morton, Bassett, Adam Keating, Keating, ” Beyranevand, there’s Organizations: Consumer, Food and Drug Administration, Center for Agriculture, Food Systems, Vermont Law, Graduate School, FDA, United Nations, Food, Agriculture Organization, Cleveland Clinic, Centers for Disease Control Locations: U.S, McCormick, New York
Read previewSpaceX's Polaris Dawn crew successfully returned to Earth on Sunday, bringing Elon Musk one step closer to his dream of settling Mars. They donned new SpaceX spacesuits that had never been tested in orbit, opened their ship to the vacuum of space, and conducted the first-ever commercial spacewalk. On top of that, they exposed themselves to high levels of space radiation, much higher than what astronauts aboard the International Space Station undergo in the same time period. People traveling to Mars would be exposed to immense amounts of space radiation for months. So the Crew Dragon spacecraft flew through two donuts of intense radiation surrounding Earth, called the Van Allen belts.
Persons: , Elon Musk, Jared Isaacman, Jude Children's, Mars, Isaacman, Scott Poteet, Anna Menon, Sarah Gillis, Gillis, Polaris Dawn, Van Allen, Mars Polaris Dawn, they'd, 🎶S Organizations: Service, Dawn, Elon, Apollo, Business, SpaceX, St, Jude Children's Research, Polaris, US Air Force, Communications, Mars Polaris Locations: Hawthorne , California, South Texas, Gulf of Mexico, Florida's, Mars
VISNOVA, Czech Republic — At least four people died and thousands of homes were damaged by flooding in eastern Romania on Saturday, officials said, as surging river levels put authorities on alert in much of central and eastern Europe following days of torrential rain. Tens of thousands of households were left without power in Romania and the Czech Republic, where more rainfall is forecast in the coming days. Poland, Slovakia, Hungary, southern Germany and parts of Austria are also expected to see more heavy rain. Television images from the area showed streets flooded with muddy water, silt and debris as rescuers led residents to safety. Evacuations and blackoutsIn the Czech Republic, northern and northeastern areas bore the brunt of the deluge and 51,000 households had their electricity supply cut off, the CTK news agency said.
Persons: Marcel Ciolacu, ” Ciolacu, Petr Hladik, Roman Christof, , Charles, Tomasz Siemoniak, Donald Tusk, Chancellor Karl Nehammer, , ” Nehammer Organizations: Czech Republic —, Prague Zoo, Czech Railways, Locations: Czech Republic, Romania, Europe, Poland, Slovakia, Hungary, Germany, Austria, Czech, Prague, Galati, Visnova, Brno, Bratislava, Lower Austria
Ugandan Olympic runner Rebecca Cheptegei, who died after allegedly being doused in petrol and set alight by her former partner, was due to be buried on Saturday with full military honors. Three weeks later her former boyfriend, Dickson Ndiema Marangach, allegedly attacked Cheptegei as she returned from church with her two daughters and younger sister in the village of Kinyoro, Kenya police and her family said. “I don’t think I am going to make it,” she told her father while being treated in hospital, he said. Born in eastern Uganda in 1991, she met Marangach during a training visit to Kenya, later moving to the country to pursue her dream of becoming an elite runner. Marangach died a few days after Cheptegei, from burns allegedly sustained during the attack, dividing opinion among the local running community.
Persons: Rebecca Cheptegei, Cheptegei, Dickson Ndiema Marangach, Ferenc Isza, Joseph Cheptegei, , , ” Andrew Kasuku, Marangach, marathoner Viola Cheptoo, Anne Hidalgo Organizations: Paris Olympics, Kenya police, Getty, Reuters, Kenyan, Tirop’s Locations: Kenya, Kinyoro, Budapest, Paris, AFP, Uganda, Thailand, Italy, “ Paris
Pfizer 's experimental drug for a common, life-threatening condition that causes cancer patients to lose their appetite and weight showed positive results in a midstage trial, the drugmaker said Saturday. Patients with the condition, called cancer cachexia, who took Pfizer's treatment saw improvements in body weight, muscle mass, quality of life and physical function, according to the drugmaker. The condition affects about 9 million people worldwide, and 80% of cancer patients suffering from it are expected to die within one year of diagnosis, according to the company. Cancer cachexia is currently defined as a loss of 5% or more body weight over the past six months in cancer patients, along with symptoms such as fatigue, according to the National Cancer Institute. Allerton said a work group of experts defines a weight gain of greater than 5% as a "clinically meaningful difference in cancer patients with cachexia."
Persons: cachexia, Charlotte Allerton, Pfizer's, Allerton Organizations: Pfizer, National Cancer Institute, CNBC, European Society for Medical Oncology, The New England, of Medicine Locations: U.S, cachexia, Barcelona, Spain, The, Allerton
The First Matabele War, fought between 1893 and 1894, foretold the future. The brutal era of trench warfare the Maxim gun ushered in only became fully apparent in World War I. Like other unmanned vehicles that aim for a high level of autonomy, these Russian drones don’t rely on large language models or similar A.I. Hezbollah’s alleged use of explosive-laden drones has displaced at least 60,000 Israelis south of the Lebanon border. And in the attacks of Oct. 7, Hamas used quadcopter drones — which probably used some A.I.
Organizations: British South Africa Company, Ukrainian, Exxon, Hamas Locations: British, U.S, Russian, Lebanon, Gaza, Israel, Palestinian
The federal funds rate, which the U.S. central bank sets, is the rate at which banks borrow and lend to one another overnight. Home loan rates have already started to fall, largely due to the prospect of a Fed-induced economic slowdown. Student loansFederal student loan rates are also fixed, so most borrowers won't be immediately affected by a rate cut. Eventually, borrowers with existing variable-rate private student loans may also be able to refinance into a less expensive fixed-rate loan, according to higher education expert Mark Kantrowitz. However, refinancing a federal loan into a private student loan will forgo the safety nets that come with federal loans, he said, "such as deferments, forbearances, income-driven repayment and loan forgiveness and discharge options."
Persons: that's, McBride, Jacob Channel, it's, Matt Schulz, Bankrate's McBride, Mark Kantrowitz Organizations: Treasury, Mortgage, Association, Auto, Consumers Locations: U.S
Here’s what we know – and don’t – about China’s space plane. The term “space plane” often evokes NASA’s Space Shuttle, which flew 135 missions from 1981 to 2011, carrying astronauts into orbit and helping to construct the International Space Station. Hulton Archive/Getty ImagesWhat do we know about China’s space plane program? China’s space plane development comes as a growing number of countries are paying attention to the deepening connections between security on Earth and in space – and vying for so-called counterspace technologies with the potential to disrupt or even destroy adversaries’ assets in space. But observers have also raised questions about the activities of the space plane, including its own deployment of multiple small satellites.
Persons: , “ It’s, Chance Saltzman, NASA's, , It’s, , Juliana Suess, Clayton Swope, Joe Skipper, Brendan Mulvaney Organizations: Hong Kong CNN, Boeing, Xinhua, Shuttle, Space, Space Force, Columbia, NASA's Kennedy Space Center, US Space Shuttle, Hulton, China Aerospace Science, Technology Corporation, Royal United Services Institute, Aerospace Security, Center for Strategic, International Studies, SpaceX, Earth, US Space Force, United, Foundation, China Aerospace Studies Institute, US Air Force Locations: China, Hong Kong, United States, Soviet, , Florida, Xinjiang, London, Washington
The next highest level was found in cinnamon powder from EGN (2.91 ppm), followed by Mimi’s Products ground cinnamon (2.03 ppm), ShopRite Bowl & Basket ground cinnamon (1.82 ppm), Rani Brand ground cinnamon (1.39 ppm), Zara Foods cinnamon powder (1.27 ppm), Three Rivers cinnamon stick powder (1.26 ppm), Yu Yee Brand five spice powder (1.25 ppm), BaiLiFeng five spice powder (1.15 ppm), Spicy King five spices powder (1.05 ppm), Badia cinnamon powder (1.03 ppm) and Deep cinnamon powder (1.02 ppm). told CNN via email that the company’s ground cinnamon products comply with all federal and international law. These include ground cinnamon and organic ground cinnamon sold by 365 Whole Foods Market, which contained 0.12 ppm and 0.02 ppm of lead, respectively. Morton & Bassett San Francisco 100% organic ground cinnamon, Loisa organic cinnamon and Sadaf cinnamon powder tested at 0.04 ppm of lead. The latest, published in August, listed 10 different cinnamon products with levels as high as 3.93 ppm of lead.
Persons: Paras, Rani, Yu Yee, EGN, Mimi’s, Nuria Lambert, Karen O’Shea, Alina Lasta, ” Guitar, Bassett, James Rogers, ” Rogers, Rogers, , Dr.Pieter Cohen, Cohen, we’re, ” Cohen, Courtney Rhodes, Rhodes Organizations: CNN, Consumer Reports, Mimi’s, ShopRite, Consumer, Mimi’s Products, Wakefern Food Corp, Badia Spices, FDA, American Spice Trade Association, World Health Organization, Food and Agriculture Organization, United, New York State Department of Health, US Environmental Protection Agency, WHO, Morton, Bassett San, WanaBana, Weis, Food and Drug Administration, Cambridge Health Alliance, Biden, Food Locations: Zara, Badia, United Nations, New York, Connecticut , New Jersey, Bassett San Francisco, Ecuador, Schnucks, Somerville , Massachusetts
They comprise what's called a "Blue Zone," an area of the world where people tend to live exceptionally long lives. Longevity researcher Dr. Giovanni Mario Pes and his colleagues discovered that happy, productive centenarians were not outliers in this part of Sardinia. Here are some practices that may be linked to their exceptional longevity — and may help the rest of us live longer, healthier lives. Sardinians 'eat fresh, home-cooked meals'You won't find most elders in this Blue Zone chomping on a fast-food hamburger with one hand on a steering wheel. There are no additives or preservatives when they make their own pasta or bread, like pistoccu bread or su coccoi sourdough bread.
Persons: I've, Giovanni Mario Pes Organizations: Pes, Research Locations: Sardinia, Seulo
Deutsche Bank on what stocks to buy if Kamala Harris wins
  + stars: | 2024-09-12 | by ( Alex Harring | ) www.cnbc.com   time to read: +1 min
Deutsche Bank has some ideas on which stocks investors will want to hold if Kamala Harris comes out on top in November's presidential election. Following Tuesday night's debate , analyst Nicole DeBlase sent a note to clients looking at the themes and individual companies that stand to benefit from another four years of Democrats in the White House. Here's what she likes in this scenario: Residential construction suppliers, which can benefit from more housing support: Lennox International , Stanley Black & Decker , Carrier Global , Trane Technologies and Pentair Stocks tied to a "more cooperative and less protectionist world order": Stanley Black & Decker, Zurn Elkay Water Solutions Electric product and system makers, assuming an intact Inflation Reduction Act: Eaton , Hubbell , Vertiv HVAC stocks, for the same reason: Lennox International, Carrier Global, Trane Technologies, Johnson Controls International Regulation of per- and polyfluoroalkyl contaminants, known as PFAS: Xylem "From a high level, [a] Harris victory would likely bring more support for lower-income households (via housing subsidies/tax breaks) but higher corporate tax rates, less overt protectionism and legislation that limits/reverses climate change," DeBlase told clients. The election is almost universally expected to be close. One measure of economic "misery " appears to favor Harris, using data analysis from research firm Strategas — but only by a narrow margin.
Persons: Kamala Harris, Nicole DeBlase, Stanley Black, Decker, Pentair Stocks, Eaton, Hubbell, Harris, DeBlase Organizations: Deutsche Bank, Lennox International, Carrier, Trane Technologies, Pentair, Solutions, Johnson
Late summer is typically the start of the housing market's "offseason," marked low buying activity. However, this year, the market may see an unusually high level of activity amid lower mortgage rates. AdvertisementThe late summer and early fall are typically part of the housing market's "offseason," marked by low buying and selling activity. But this year, the season could see an unusually high amount of activity as buyers look to lock in lower mortgage rates, a new Zillow report finds. "Lower rates could stall or slow the cooldown in housing market activity that typically takes place this time of year, because right now buyers are more likely to be motivated by lower rates than sellers are," the report says.
Persons: Organizations: Service, Business
Here's what Harris and Trump got right and wrong on the debate stage in Philadelphia. Fact check: Trump calls Harris’ dad a Marxist“Her father’s a Marxist professor in economics, and he taught her well," Trump said. Fact check: Trump claims Harris ‘wants to confiscate your guns’“She wants to confiscate your guns,” Trump claimed. We’re not taking anybody’s guns away.”Fact check: Harris says Trump oversaw manufacturing job losses“Donald Trump said he was going to create manufacturing jobs. Fact check: Trump says he has ‘nothing to do with Project 2025’“I have nothing to do with Project 2025.
Persons: Kamala Harris, Donald Trump, Harris, Trump, Harris ’, That’s, Donald Harris ’, Karl Marx’s, Harris ‘, ” Trump, Tim Walz, We’re, that’s, Muir, I’ll, ” Harris, Biden, Putin, ” Trump hasn’t, , hasn’t, they’ve, Obamacare, , William Barr, They’ve, It’s, Harris “, We’ll, we’ll, “ Donald Trump, Let’s, he’s, Xi —, , you’re, don’t, “ It’s, they’re, isn’t, I’m, Karoline Leavitt, Sen, Marco Rubio, Frank McKenzie, Mark Milley, Ashraf Ghani, West Virginia —, Walz, Ralph Northam, Northam, Vance, hedged, John Kirby, we’ve, it’s Organizations: Trump, NBC News, Stanford University, Afghan, Pentagon, Washington Post, Post, United States, ISIS, Republicans, United, FBI, U.S, D.C, U.S . Energy Information Association, Ohio, Capitol, Taliban, National Security, Al, Republican, U.S . Central Command, Joint Chiefs, CNN, American Civil Liberties Union, Centers for Disease Control, Virginia Gov, NBC, White, Heritage Foundation, U.S . Customs, Protection, CBP, Office, American Progress Locations: U.S, Philadelphia, Afghanistan, Russia, Ukraine, Kyiv, Crimea, Moscow, Iraq, Syria, Iraq’s Anbar, Somalia, Africa, Red, United States, Georgia, Wisconsin, Georgia , Wisconsin, Pennsylvania, New York City, Aragua, Venezuelan, Washington, California , Maryland, Vermont, Andalia , Ohio, China, Mexico, Al Qaeda, Florida, Saigon, Doha, Kabul, airport’s, West Virginia, Virginia, Ohio, Springfield , Ohio
Read previewPresident Joe Biden came to power having pledged to make Saudi Arabia's maverick new ruler, Mohammed bin Salman, a global pariah. Analysts say that MBS has navigated increasing regional and global chaos to emphasize Saudi Arabia's importance to Washington. Related storiesUS President Joe Biden gives a fist bump to Saudi Crown Prince Mohammed bin Salman in 2022. AdvertisementSaudi Arabia's importanceBut global instability, economic change, and the war in Gaza have made clear to the White House Saudi Arabia's indispensability. Crown Prince Mohammed has condemned Israel's attack on Gaza but has not ruled out a normalization deal with Israel.
Persons: , Joe Biden, Mohammed bin Salman, Biden, Kamala Harris, Prince Mohammed, Crown Prince, Jamal Khashoggi, Giorgio Cafiero, Prince Mohammed bin Salman, Mohammed bin Salman's, Saad Hariri, Khashoggi, He's, Mohammed Hamoud, Trump, Abraham, Israel, Jon Alterman Organizations: Service, Business, Crown, Democratic, MBS, Saudi, Gulf, Analytics, Saudi Arabia's, Royal, Anadolu Agency, White, White House Saudi, Abraham Accords, Israel, Center for Strategic, International Studies Locations: Saudi, November's, Saudi Arabia, Yemen, Istanbul, Washington, Gaza, Israel, Iran, West, Riyadh, Lebanese, Russia, China, Beijing, Ukraine, UAE, Bahrain, Palestinian, United States, Red, Jeddah
Dili, East Timor CNN —Pope Francis received a rapturous welcome from the tiny Southeast Asian nation of East Timor, one of the world’s most Catholic countries, where more than half the population is expected to turn out for an open-air mass on Tuesday. People wait for Pope Francis to arrive at the Cathedral of the Immaculate Conception in Dili, East Timor, on September 10, 2024. Pope Francis greets Catholic worshipers in Dili, East Timor, on September 10, 2024. Four hundred years of ensuing Portuguese colonial rule led to the widespread spread of Catholicism in East Timor and other cultural differences from Muslim-majority Indonesia. East Timor is also on track to become the 11th member of the Southeast Asian bloc ASEAN, which could happen next year.
Persons: East Timor CNN — Pope Francis, Francis, Pope Francis, Firdia, , Willy Kurniawan, Francis ’, Carlos Ximenes Belo, Pope Francis ’, Pope John Paul II, Christina Kheng, ” Pope Francis, Guglielmo Mangiapane, Bishop Belo, Jose Ramos, Belo, Groene Amsterdammer, defrocked, Richard Daschbach, Xanana Gusmao, Mary, Bishop, Suharto’s Organizations: East Timor CNN, Timor Leste, Catholic Church, Timor, CNN, Asian Pastoral Institute, Reuters, US, Australia, Southeast, ASEAN, Vatican, Belo, East Timor, Jakarta, UN Locations: Dili, East Timor, Asia, strollers, Dili , East Timor, Timor, Indonesia, Papua New Guinea, Singapore, Australia, Portuguese, East, United States, Horta, Portugal, Santa Cruz, East Timor’s, Bishop Belo, Indonesian, Jakarta, Australian
Massimo Di Vita | Mondadori Portfolio | Getty ImagesThe European Union needs up to 800 billion euros ($884 billion) in additional investment per year to meet its key competitiveness and climate targets, according to a report from economist and politician Mario Draghi. The bloc's goals of bolstering its geopolitical relevance, social equality and decarbonization are being threatened by weak economic growth and productivity compared with the U.S. and China, the report states. The EU is meanwhile suffering an "innovation deficit" which must be tackled through reforms to research and development funding and policy, the report states. To fast-track policymaking, the report proposes limiting the voting items that require support from an absolute majority of member states. Funding questionPublic and private investments are being hindered by the size of the EU budget, its lack of focus and its risk aversion, the Draghi report says.
Persons: Mario Draghi, Massimo Di Vita, Draghi —, , NextGenerationEU Organizations: Italian, European Union, U.S, European Central Bank, European, European Securities and Markets Authority, U.S . Securities, Exchange Commission, SEC Locations: Rome, Italy, China, EU, Europe, Germany
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