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Farmers across the agrarian heartland that makes Thailand the world's second-largest rice exporter should be poised to benefit. These pressures on the sector, reported in detail for the first time by Reuters, are squeezing debt-laden Thai farmers despite tens of billions of dollars in subsidies over the past decade. Successive governments have spent 1.2 trillion Thai baht ($33.85 billion) on price and income interventions for rice farmers in the last decade, estimates Somporn. The average Thai farmer's income has dwindled. Unstable income for Thai rice farmersIn the years since Sripai followed her family into the paddy fields, the challenges have multiplied, but current prices offer a rare opportunity.
Persons: Somporn, Sripai, Danai Saengthabthim, Srettha Thavisin, King Chulalongkorn, Nipon Poapongsakorn, Thailand's, KNIT's, Yingluck Shinawatra, Yingluck, Devjyot Ghoshal, Pasit, Katerina Ang, Kay Johnson Organizations: Farmers, Reuters, Research, Knowledge Network Institute of Thailand, Bank for Agriculture, Agricultural Cooperatives, Agriculture, El, National Water Resources, Thailand Development Research, Nipon, Thomson Locations: Thailand, Kaeo, Chai, India, East, Asia, Africa, Rice, Chai Nat, Bangkok, Bangladesh, Nepal, Vietnam
History books will show that Ukraine has transformed modern warfare, said a top NATO admiral. Bauer says that NATO will support Ukraine throughout the war and the "many, many years after that." "Every day, we are in awe of our Ukrainian brothers and sisters in uniform," Bauer told the NATO Military Committee Conference. History books will show Ukraine has transformed modern warfare. The NATO chief said that Ukraine would "eventually" become a military alliance member.
Persons: Adm, Rob Bauer, Bauer, Muhammed Enes Yildirim, Getty Images Bauer, Jens Stoltenberg, Stoltenberg, Germany's Funke, Jamar Marcel Pugh Organizations: NATO, Service, NATO Military Committee, Armed Forces, NATO Military, Conference, Putin's, Anadolu Agency, Getty Images, Moldovan, Novo, Novo Selo Training, US Army National Guard Locations: Ukraine, Wall, Silicon, Oslo, Norway's, Bahkmut, Bakhmut, Russia, Kyiv, NATO, Novo Selo, Bulgaria, Sweden
Country Garden did not immediately reply to a request for comment. The latest voting came after Country Garden on Sept. 1 gained approval from creditors to extend payments by three years for a 3.9 billion yuan ($533 million)onshore private bond. Country Garden, one of the few large Chinese developers that has not defaulted on debt obligations, has faced liquidity pressure with reduced available funds as sales plunged, its interim financial statements showed. It has 108.7 billion yuan ($14.9 billion) of debts due within 12 months, while its cash level are around 101.1 billion yuan as of end-June, according to the company's interim financial statement. Any default by Country Garden would exacerbate the country's spiralling real estate crisis, put more strain on its struggling banks and could delay the recovery of not only the property market, but the overall Chinese economy.
Persons: Shuyan Wang, Jing Bian, Xie Yu, Muralikumar Anantharaman, Jamie Freed Organizations: HK, Mainland Properties, Thomson Locations: SHANGHAI, BEIJING, Hong Kong, Beijing, Shanghai
Sen. Tim Scott, a 2024 GOP presidential candidate, is defending his unmarried status. "It's like a different form of discrimination or bias," the 2024 GOP presidential candidate told the Washington Post. "You can't say I'm Black, because that would be terrible, so find something else that you can attack." AdvertisementAdvertisementAnd Axios recently reported that some Republican donors wanted to know more about Scott's single status before backing him as a candidate. Correction: September 12, 2023 - The headline has been updated to reflect the fact that Scott's remarks were in reference to political opponents who focus on his single status.
Persons: Sen, Tim Scott, It's, Scott, Tim Scott of, he's, Ron DeSantis, Elon Musk, Matt Schlapp, Donald Trump Organizations: Service, Washington Post, Florida Gov, GOP, American Conservative Union Locations: Wall, Silicon, Tim Scott of South Carolina, Florida
When wildfires swept across Maui last month with destructive fury, China’s increasingly resourceful information warriors pounced. The disaster was not natural, they said in a flurry of false posts that spread across the internet, but was the result of a secret “weather weapon” being tested by the United States. For China — which largely stood on the sidelines of the 2016 and 2020 U.S. presidential elections while Russia ran hacking operations and disinformation campaigns — the effort to cast the wildfires as a deliberate act by American intelligence agencies and the military was a rapid change of tactics. Until now, China’s influence campaigns have been focused on amplifying propaganda defending its policies on Taiwan and other subjects. The most recent effort, revealed by researchers from Microsoft and a range of other organizations, suggests that Beijing is making more direct attempts to sow discord in the United States.
Persons: China’s Organizations: China, Microsoft Locations: Maui, United States, Russia, Taiwan, Beijing
But to conspiracy theorists and right-wing influencers online, each uptick is an opportunity to sow fear and rile up their supporters, according to disinformation experts. “I would almost call it an obsession for the Covid denier, anti-vax community,” said Welton Chang, the co-founder and chief executive of Pyrra. “They just make mountains out of molehills for every little thing.”Misinformation about Covid-19 is as old as the virus itself. Much of it is about vaccines: One-third of Americans said they believed that the Covid-19 vaccines caused thousands of sudden deaths in otherwise healthy people, according to a survey published in August by the KFF, a nonprofit research group. While there is no link between Covid-19 vaccines and sudden deaths, conspiracy theorists have often circulated the idea as celebrities and athletes fall ill from unrelated causes.
Persons: , Welton Chang, Locations: Pyrra, Covid
Microsoft warned that China has been using AI-generated images to sow discord among US voters. Microsoft analysts said it was posted by an account suspected of being run as a Chinese influence operation. "This relatively high-quality visual content has already drawn higher levels of engagement from authentic social media users," the analysts warned. Videos of their protests were then "amplified" by social media accounts used by the operatives, Mandiant added. The social media company said it removed all of them.
Persons: Clint Watts, Watts, Liu Pengyu, Mandiant, Meta Organizations: Microsoft, Embassy, Washington , D.C, Service, Analysts, Chinese Communist Party, Liberty, CCP, Facebook Locations: China, Washington ,, Wall, Silicon, North Korea, Xinjiang
The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. It has around $14.8 billion worth of debt due within 12 months, while its cash levels are around $13.8 billion. Country Garden declined to comment. Despite those measures, China's new home prices fell for the fourth month in August, according to a private survey on Friday, as the property debt crisis kept confidence at a low ebb. "Country Garden will probably make full use of the grace periods…it still looks challenging for them to generate enough cash for the upcoming payments, both onshore and offshore," said Ting Meng, a senior credit strategist at ANZ.
Persons: Aly, Edward Al, Ting Meng, Benjamin Bennett, they've, Xie Yu, Davide Barbuscia, Sumeet Chatterjee, Muralikumar Organizations: Shanghai Country Garden, REUTERS, HONG KONG, Country Garden Holdings, HK, Columbia, U.S, Country Garden, ANZ, General Investment Management, Thomson Locations: Shanghai, China, HONG, Country, Hong Kong, New York
Clashes mount between Trump and his legal nemesis
  + stars: | 2023-09-06 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +11 min
A dramatic series of legal developments in the Fulton County, Georgia, investigation – in which Trump and 18 co-defendants are also awaiting trial – encapsulated the breadth of the former president’s legal exposure. And 61% of Republican-leaning adults said that Trump is facing so many charges largely because of political abuse of the justice system. Trump uses criminal plight to fire up supportersTrump continually dials up the heat, underscoring how his legal defense and presidential campaign have merged. Smith may remain the ex-president’s greatest threat as the prosecutor with the best chance to complete a case against Trump early in the election year. New charges were also filed against Trump aide Walt Nauta and Mar-a-Lago maintenance manager Carlos De Oliveira.
Persons: Jack Smith, Donald Trump, Joe Biden, Smith, Trump, Mark Meadows, Fani Willis ’, Enrique Tarrio, Timothy Kelly, Tarrio, CNN Trump, Hunter, he’d, Tanya Chutkan, , CNN’s Zachary Cohen, Paula Reid, Sidney Powell, Powell’s, Powell, Walt Nauta, Carlos De Oliveira Organizations: CNN, GOP, Trump, Trump White House, Republican, Republicans, Justice Department, Biden Locations: Florida, Washington, Fulton County , Georgia, Georgia, United States, Ukraine, Pennsylvania, Michigan, Arizona
Interior Department on Wednesday said it would cancel oil and gas leases in a federal wildlife refuge that were bought by an Alaska state development agency in the final days of former President Donald Trump's administration. Environmentalists and an Alaska indigenous group praised the move while a Republican Senator from Alaska slammed it. A Republican-passed tax bill in 2017 opened the area to oil and gas leasing and directed Interior to hold two lease sales by December 2024. The oil and gas industry largely failed to embrace the 2021 lease sale, which generated just $14 million in high bids, mostly from AIDEA. “We commend Secretary Haaland for canceling unlawfully issued oil-and-gas leases in the Arctic Refuge,” Abigail Dillen, president of environmental group Earthjustice, said in a statement.
Persons: Donald Trump's, Joe Biden, Biden, Deb Haaland, AIDEA, , ” Abigail Dillen, Dan Sullivan, Interior's, Jarrett Renshaw, Nichola Groom, Chizu Nomiyama, David Gregorio, Mark Porter Organizations: U.S . Fish, Wildlife Service, Library, Fish, REUTERS, Conocophillips, U.S . Interior Department, Alaska Industrial Development, Export Authority, Wildlife, Democrat, National Petroleum Reserve, Alaska Natives, Trump, ConocoPhillips, United Nations, ALASKA Trump's Interior Department, Republican, Biden, Thomson Locations: Beaufort, Wildlife Service Alaska, U.S, Alaska, United States, ALASKA Trump's, ANWR, Washington, Los Angeles
Country Garden also offered on Tuesday to extend repayment of eight onshore bonds worth 10.8 billion yuan ($1.48 billion) by three years, according to people with knowledge of the matter and documents seen by Reuters. Country Garden did not respond to a request for comment. A general view of a construction site of residential buildings by Chinese developer Country Garden in Tianjin, China August 18, 2023. Country Garden has not missed a debt payment obligation, onshore or offshore. "The three-year extension of maturity offered by Country Garden looks better than restructuring plans by most of the other troubled developers," Meng said.
Persons: Gary Ng, Tingshu Wang, Susannah Streeter, Hargreaves Lansdown, DODGE, CreditSights, Ting Meng, Meng, Xie Yu, Shuyan Wang, Jason Xue, Sumeet Chatterjee, Christopher Cushing, Kim Coghill Organizations: HK, Reuters, Country, Natixis Asia Pacific, REUTERS, Services, Global, Hargreaves, Mainland Properties, CSI, ANZ, Thomson Locations: HONG KONG, BEIJING, Tianjin, China, Hong Kong, Beijing, Shanghai, Bengaluru
From this view, it can seem that the United States is following the course of all empires: doomed to decline and eventual fall. To call America an empire is admittedly to court controversy, or at least confusion. After all, the United States claims dominion over no countries and even prodded its allies to renounce their colonies. But there’s an illuminating precedent for the kind of imperial project the United States forged after the war: the Roman Empire. Like modern America, Rome attained a degree of supremacy unprecedented in its day.
Persons: Peter Heather, parry — Locations: United States, America, Rome
CNN —In the early hours of August 29th, swarms of Ukrainian drones flew across seven Russian regions. One Russian blogger complained that the Pskov strike indicated that Russian air defenses had not adapted to defend against repeated Ukrainian drone strikes. The damage being done is not going to break the back of the Russian air force, but it has become a serious irritant. Open-source reporting suggests there are at least several Pantsir-2 air defense batteries around Moscow. Such weapons put Russian forces on notice that they are vulnerable far from the front lines.
Persons: Volodymr Zelensky, Russia –, Volodymyr Zelensky, Oleksiy Reznikov, Mykhailo Podolyak, Vitalii, Danilov, ” Zelensky, Podolyak, Kyrylo Budanov, gamesmanship –, Mick Ryan, Budanov, Yuriy Inhat, Putin, Organizations: CNN, Defense, , Getty Senior, National Security and Defense, Ukraine’s, of Strategic Industries, Strategic Communication, Ukrainian Defense Intelligence, SIG, The, Ukrainian Air Force Locations: Pskov, Ukrainian, Ukraine, Russian, Crimea, Russia, Moscow, “ Ukraine, Kyiv, Kerch, Novosibirsk, Australian, Crimean, Kherson, Luhansk, Zaporizhzhia, Berdiansk, Donetsk
She is a weekly opinion contributor to CNN, a contributing columnist to The Washington Post and a columnist for World Politics Review. First, that Prigozhin had openly challenged Russian President Vladimir Putin, and second, that countless others who had defied Putin have met untimely, violent deaths. In different ways, both Putin and Trump are key players in that phenomenon. Neither Trump nor Putin are novices at the art of conjuring major victories by going to war against the truth. Putin launched the full-scale war in Ukraine around the 8th anniversary of his 2014 invasion of Crimea.
Persons: Frida Ghitis, Yevgeny Prigozhin, Prigozhin, Vladimir Putin, Putin, Donald Trump’s, Trump, Alexander Solzhenitzyn, Robert Mueller’s, indicting Prigozhin, ” Prigozhin, Anna Politkovskaya, Facebook Putin, Boris Nemtsov, Alexei Navalny Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, Soviet Union, Kremlin, Internet Research Agency, Ukraine, Twitter, Facebook Locations: Russian, Moscow, Russia, Ukraine, Atlanta, Soviet, United States, , Crimea
Ramiro Marra, candidate for mayor of Buenos Aires and part of the inner circle of Argentina's radical presidential front-runner Javier Milei, listens to Milei talking to journalists, in Buenos Aires, Argentina August 24, 2023. Juan Napoli, also running for a Senate seat with Milei's party, agreed time would be needed to lay the groundwork for reforms. The presidential candidates for the two blocs will be Economy Minister Sergio Massa and former security minister Patricia Bullrich, respectively. "All of the alternatives that are laid out in the law and the national constitution, we are going to use them." Reporting by Anna-Catherine Brigida; Additional reporting by Eliana Raszewski and Juan Bustamante; Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.
Persons: Ramiro Marra, Javier Milei, Agustin Marcarian, Milei, Marra, Juan Napoli, dollarization, Sergio Massa, Patricia Bullrich, Anna, Catherine Brigida, Eliana Raszewski, Juan Bustamante, Rosalba O'Brien Organizations: REUTERS, Milei, Reuters, Bull Market Brokers, Peronist, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES
However, First Deputy Agriculture Minister Taras Vysotskiy told Reuters on Tuesday that the possible reduction of winter wheat may total only 0.1%. An expected reduction in the overall winter grain sowing area would come at the expense of other grains, he said, forecasting a drop of 5.4% in barley sowing this winter. Ukraine sowed about 4.1 million hectares of winter wheat for the 2023 harvest, while the area under winter barley stood at around 615,000 hectares. Ukraine is a traditional grower of winter wheat, which accounts for at least 95% of the country's overall wheat output. Ukraine already reduced its sowing area for corn in favour of sunflowers in 2023.
Persons: Alexander Ermochenko, Taras Vysotskiy, Pavel Polityuk, Tom Balmforth, Conor Humphries Organizations: REUTERS, Rights, Reuters, Farmers, Traders, European Union, Thomson Locations: Russia, Ukraine, Nikolske, Donetsk Region, Russian
“We reject any result hastily assembled without proper verification,” Promise Mkwananzi, the party spokesman, wrote on Twitter shortly after the results were announced. Mr. Mugabe was removed in a coup in 2017 by Mr. Mnangagwa and his allies. The following year, Mr. Mnangagwa eked out a victory over Mr. Chamisa in an election, winning just over 50 percent of the vote. The Zimbabwean police drew global condemnation for arresting dozens of members of one of the country’s most respected election watchdogs on election night, accusing them of plotting to sow discord by releasing projected election results. The night after the raid, ZANU-PF officials offered their own election projections at a news conference, and drew no ire from the police.
Persons: , Mnangagwa, Robert Mugabe, autocrat, Mugabe, Chamisa Organizations: Twitter, Mr, Zimbabwean, ZANU Locations: Zimbabwe, African
“It’s aggravating seeing people on conservative news try to identify with me like I’m one of them,” he said. “I see the right, trying to characterize me as one of their own. And I see the left trying to discredit me.”The left, he added, had misinterpreted his lyrics as being attacks on the poor when, he said, he was trying to defend them. “We’ve had years of people feeling depressed and hopeless and every time you look at the T.V. or get online everything’s negative.” He added that “corporate media and education” had helped to sow division.
Persons: Anthony, , , “ I’ve, Billy Bragg, “ We’ve Organizations: Fox News, Politico Locations: Farmville, Va
Monday Monday proved to be a harbinger for the rest of the week, beginning with purchases of GE Healthcare (GEHC) and Stanley Black & Decker (SWK). GE Healthcare and Stanley Black & Decker appeared especially attractive, leading us to buy 100 shares and 150 shares, respectively. For GEHC, we wanted to take advantage of what we believe was an unwarranted decline in the medical technology company's stock price. Our purchase of Starbucks represents another buying-into-post-earnings-weakness situation, as we did with Microsoft and Stanley Black & Decker earlier in the week. That's why on Thursday we took our Nvidia price target to $600 per share from $450, implying roughly 27% upside.
Persons: Jerome Powell's Jackson, Here's, Stanley Black, Decker, SWK, Nikesh Arora, Jim Cramer, that's, Locker, Locker's, , Jim Cramer's, Jim, Angela Weiss Organizations: Federal, GE Healthcare, Microsoft, Palo Alto Networks, Big Tech, Amazon, Starbucks, Broadcom, Devices, Nvidia, Charitable, AMD, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: Danaher, New York City
Russian influence operations may have been dealt something of a blow in the aftermath of Yevgeny V. Prigozhin’s mutiny against the Russian military leadership and subsequent apparent assassination. Mr. Prigozhin, in addition to running the Wagner group, a private military force, founded and funded the Internet Research Agency. But the information released by the United States on Friday is designed to show how much deeper Russian influence operations are than those efforts to sow dissent on the internet. These operations include programs designed to build support for Russia among Americans and Europeans along with blunter efforts like fake grass-roots protests. The Treasury Department said Mr. Popov oversaw Ms. Burlinova’s work and provided her a list of U.S. citizens to approach.
Persons: Yevgeny V, Prigozhin, Wagner, Prigozhin’s, Donald J, Hillary Clinton, Natalia Burlinova, Burlinova, Yegor Sergeyevich Popov, Popov, Burlinova’s Organizations: Internet Research Agency, Trump, U.S, Department, Creative Diplomacy, Treasury Department Locations: United States, Russia
Last fall, BlackRock filed to launch an ESG municipal bond exchange-traded fund. It is in essence an ESG version of its major $32 billion municipal bond fund. The delay for the world's largest ETF provider has puzzled some in the industry. This year Goldman Sachs launched its first municipal bond ETF, which takes into account social and environmental factors. BlackRock's ESG municipal bond ETF has another wrinkle.
Persons: Larry Fink, Wesley Gray, Matthew Tuttle, they've, Goldman Sachs, Fink, Salim Ramji, Tony Kelly Organizations: BlackRock, Securities and Exchange Commission, SEC, HIP Muni Bond ETF, Alpha, Republican, Tuttle Capital Management, Goldman, HIP Investor, HIP Locations: York, Arizona , Texas, South Carolina, BlackRock, Connecticut
Wholesale pork belly prices are currently trading at 270.89 cents per pound. And consumers are about to see even higher prices of bacon, which is primarily cut from pork bellies. Analysts who spoke to CNBC attributed the surge in pork prices partly to a recently imposed animal welfare regulation in California, which came into effect July 1. Proposition 12 played a "major role" in the surge in prices, said Urner Barry pork market analyst, Ryan Hojnowski. Consequently, sellers of bacon will want to keep their profit margins up — thus, the spike in pork belly wholesale prices is going to translate to higher retail and food services prices, he said.
Persons: Bacon, Zachary Zirlin, , That's, Brian Earnest, Cobank's Earnest, Earnest, Barry, Ryan Hojnowski, Hojnowski, Urner Barry, Glenn Asakawa Organizations: Eyeem, Getty, CNBC, National Pork Producers Council, Medianews, Denver Locations: California, FactSet, Colorado
By choosing to hold the summit at Camp David, Mr. Biden has signaled that he understands the gravity of the moment. The good news for Mr. Biden is that the relationship between Tokyo and Seoul is improving. As President Barack Obama’s special assistant and later assistant secretary of state for East Asia, I saw firsthand the disruptive effects of friction between Japan and South Korea. China and North Korea have proven themselves adept at exploiting such differences. North Korea has in the past dangled the possible return of Japanese citizens said to have been abducted by Pyongyang decades ago, partly in an effort to curry favor with Tokyo and get it to ease some sanctions imposed on North Korea.
Persons: Camp David, Mr, Biden, David, Yoon, Kishida, Barack Obama’s Organizations: David Accords, South Koreans, Korean, U.S Locations: Camp, Washington, Israel, Egypt, Tokyo, Seoul, Japan, China, East Asia, South Korea, North Korea, American, Korea, Pyongyang, Beijing, Okinawa
Some researchers, however, are now fighting back and developing new ways to protect people’s photos and images from AI’s grasp. The prototype, dubbed PhotoGuard, puts an invisible “immunization” over images that stops AI models from being able to manipulate the picture. The aim of PhotoGuard is to protect photos that people upload online from “malicious manipulation by AI models,” Salman said. But he said he hopes that with more engineering efforts, the prototype can be turned into a larger product that can be used to protect images. While generative AI tools “allow us to do amazing stuff, it comes with huge risks,” Salman said.
Persons: Eveline, , Fröhlich, “ We’ve, Glaze, ” Fröhlich, , AI’s overreach, Pope dripped, Vincent Van Gogh, they’re, it’s, Ben Zhao, ” Zhao, Zhao’s, Jon Lam, Lam, Jon Lam “, ” Lam, Zhao, , ” Hadi Salman, ” Salman, Salman, Trevor Noah, MIT CSAIL, Noah Organizations: CNN, University of Chicago, Massachusetts Institute of Technology, MIT, PhotoGuard Locations: Stuttgart, Germany, California
But even for the most digitally savvy among us, it can be hard to conceptualize just what global visibility really means. In my own youth, way back at the turn of the millennium when I was an 18-year-old college student, I started sharing my personal life online. In the social media age, teenagers are more likely to suffer the opposite delusion: that their friends can see them online but the world can’t, or won’t care if it does. But I don’t think we need to change the way teenagers interact with the internet. We need to change how the rest of us interact with online teenagers.
Persons: they’re Organizations: Utah’s, HB
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