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☆ Grain ship lightly damaged off Ukraine, likely hit sea mine - sources
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

LONDON, Nov 17 (Reuters) - A merchant ship transporting grains was lightly damaged off the coast of Ukraine and was likely to have been hit by a floating sea mine, according to maritime specialists and a Ukrainian government source. This is the latest incident affecting commercial ships sailing in the Black Sea. War risk insurance premiums have risen to as much as 3% of the value of a vessel after a missile damaged a merchant ship in the Ukrainian port of Pivdennyi last week, industry sources said. A Ukrainian government source told Reuters on Friday that it was likely that a floating sea mine hit the vessel. After withdrawing from a U.N.-backed deal in July that guaranteed safe shipments of Ukrainian grain via the Black Sea, Ukraine says Russia has repeatedly attacked Ukrainian port infrastructure and also laid sea mines.

Persons: Marsh, Jonathan Saul, Gus Trompiz, William Maclean Organizations: Seagate, Thomson Locations: Ukraine, Ukrainian, Pivdennyi, Liberia, Georgia, Greece, Constanta, Sea, Russia, Kyiv, London, Paris

GUATEMALA CITY (AP) — Guatemala’s Attorney General’s office formally requested Friday that President-elect Bernardo Arévalo and others be stripped of their immunity so it can investigate them for allegedly encouraging the student occupation of the country’s only public university. Sánchez formally requested that immunity be lifted for Arévalo, Vice President-elect Karin Herrera, three lawmakers and a deputy-elect from the Seed Movement. Stripping them of immunity allows prosecutors to pursue a formal investigation. Among the crimes prosecutors plan to pursue against Arévalo and others in the new case are exploitation of cultural assets, influence peddling and illegal association. A judge suspended the party at prosecutors’ request.

Persons: —, Bernardo Arévalo, Ángel Saúl Sánchez, Sánchez, Karin Herrera, Arévalo, Walter Mazariegos, General's, Alejandro Balsells, doesn’t, ” Balsells, Consuelo Porras, Alejandro Giammattei Organizations: GUATEMALA CITY, Cultural, Arévalo’s, Movement, Seed, San Carlos University, U.S . State Department, U.S ., United Nations, Organization of American, Arévalo, Observers Locations: GUATEMALA, Guatemala

The conflict is also testing the limits of the regional coalition whose members - which include the Syrian government, Hezbollah, Hamas and other militant groups from Iraq to Yemen - have differing priorities and domestic challenges. On Oct. 7, Hamas' military commander Mohammed Deif called on its axis allies to join the struggle. Yet, like its backer Iran, Hezbollah has avoided an all-out confrontation. Iran does not recognise Israel's existence, while Israel has long threatened military action against Iran if diplomacy fails to curb its disputed nuclear activity. "Iran has shown a four-decade commitment to fighting America and Israel without entering into direct conflict.

Persons: Ali Khamenei, Ismail Haniyeh, wouldn't, Yemen's Houthis, Mohanad Hage Ali, Israel, Mohammed Deif, Khaled Meshaal, Dennis Ross, Hamas didn't, didn't, Sayyed Hassan Nasrallah, Joe Biden, Lloyd Austin, Yoav Gallant, Israel didn't, Karim Sadjadpour, Parisa Hafezi, Laila Bassam, Arshad Mohammed, Tom Perry, Jonathan Saul, Idrees Ali, Phil Stewart, Pravin Organizations: Israel, Reuters, Hezbollah, Carnegie Middle East Center, Hamas, Washington Institute for Near, Iran, AMERICA, United, U.S, Pentagon ., . Defense, NORTH Austin, Carnegie Endowment, International, Thomson Locations: DUBAI, Tehran, Israel, Iran, Palestinian, Iraq, Syria, Yemen, Beirut, Gaza, Lebanon, Palestine, United States, U.S, East, Iranian, Afghanistan, Seoul, ISRAEL, America, Dubai, Saint Paul, Jerusalem, Washington

☆ U.S. and China vie for dominance in new 'a la carte' world order, survey finds
▼ + stars: | 2023-11-15 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Pluralities of global citizens believe the West is in demise — with U.S. democracy and the European Union at risk of collapse within the next 20 years. They also find that increased economic ties with China are growing more appealing, according to polling of adults across 11 European countries and 10 non-European ones. For many, the conflict is considered a "proxy war" between the U.S. and Russia, with majorities in Russia, China, Saudi Arabia, and Turkey saying the two Cold War powers are "already at war." Almost half of respondents in the country say they feel pessimistic about the future of the U.S. This compares with majorities of nationals in India, Indonesia, China and Russia, who are optimistic about their countries.

Persons: Joe Biden, Xi Jinping, Saul Loeb, Xi, thinktank, Mark Leonard Organizations: Economic Cooperation, Afp, Getty, U.S, European Council, Foreign Relations, Oxford University, European Union Locations: Asia, San Francisco, China, Russia, Ukraine, Europe, U.S, Moscow, Saudi Arabia, Turkey, India, Indonesia

☆ China's plan to seize on global chaos and supplant the US may be working
▼ + stars: | 2023-11-15 | by ( Tom Porter | ) www.businessinsider.com time to read: +8 min

China's Xi Jinping and President Joe Biden are meeting in San Francisco at the APEC summit. AdvertisementPresident Joe Biden seems keen to ease tensions with his main global rival, China's leader Xi Jinping, against a backdrop of global chaos and conflict. Russia's President Vladimir Putin and Chinese President Xi Jinping pose with heads of delegations participating in the Third Belt and Road Forum in Beijing on October 18, 2023. Sun, the Stimson Center expert, said Xi will be seeking to use the meeting to burnish his image as a global statesman and head off China's economic woes. But whatever agreements Xi brokers with the US president it's unlikely to change his core mission: Chinese global dominance.

Persons: China's Xi Jinping, Joe Biden, —, Xi Jinping, SERGEI, Jonathan Ward, Vladimir Putin, Biden, Xi, Putin, GRIGORY SYSOYEV, Ward, Yun Sun, Jeremy Chan, SAUL LOEB, Xi's, it's Organizations: APEC, Service, Economic Cooperation, Getty Images, Atlas Group, Russia's, Forum, Stimson Center, Eurasia Group, Getty Locations: San Francisco, China, Ukraine, Asia, East, Russia, Iran, Getty Images China, Beijing, Gaza, Israel, Palestine, Europe, Ethiopia, Argentina, Nusa Dua, Bali, Taiwan

☆ Russia relishes divisions between China and the U.S., pouring cold water on Xi-Biden talks
▼ + stars: | 2023-11-15 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Russian President Vladimir Putin speaks during his press conference at the Konstantin Palace on July 29, 2023 in Saint Petersburg, Russia. Russian media have already reveled in pouring cold water on the Asia-Pacific Economic Cooperation (APEC) summit where Xi and Biden are due to meet Wednesday. Russian President Vladimir Putin was not invited due to U.S. sanctions so Deputy Prime Minister Alexei Overchuk is representing Russia at the summit. A range of Russian newspapers including Kommersant, Izvestia, Argumenty i Fakty, Nezavisimaya Gazeta and Komsomolskaya Pravda did not feature any news on the APEC summit or Xi-Biden talks. China's President Xi Jinping and U.S. President Joe Biden at the G20 Summit in Nusa Dua on the Indonesian island of Bali on Nov. 14, 2022.

Persons: Vladimir Putin, Konstantin, Xi Jinping, Joe Biden, Xi, Biden, Katherine Tai, Tai, David Paul Morris, Xi's, Alexei Overchuk, Dmitry Peskov, Kamala Harris, Kent Nishimura, Komsomolskaya, Putin, — Xi, Sergei Guneyev, Ian Bremmer, Saul Loeb Organizations: Getty, U.S, Economic Cooperation, Novosti, APEC, U.S . Trade, Russian Federation, San Francisco International Airport, American, Bloomberg, Getty Images Bloomberg, Israel, Kremlin, SAN FRANCISCO, Merchant Exchange Club, Tass, Kommersant, Izvestia, Gazeta, Komsomolskaya Pravda, Sputnik, AFP, West, Analysts, Eurasia Group, China's, Afp Locations: Saint Petersburg, Russia, Russian, San Francisco, China, Beijing, Washington, Moscow, Asia, United States, San Francisco , California, Ukraine, Pacific, U.S, CALIFORNIA, Taiwan, Nusa Dua, Indonesian, Bali

☆ NYU is sued by Jewish students who allege antisemitism on campus
▼ + stars: | 2023-11-14 | by ( Jonathan Stempel | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +3 min

NEW YORK, Nov 14 (Reuters) - New York University (NYU) was sued on Tuesday by three Jewish students who accused the school of creating a hostile environment in which Jewish students are subjected to pervasive antisemitic hatred, discrimination, harassment and intimidation. They also said Jewish students' complaints are "ignored, slow-walked, or met with gaslighting" by NYU administrators including Linda Mills, who became president in July. According to the complaint, Mills this month dismissed a petition from 4,000 NYU members expressing concern about antisemitism, saying the problem had been blown "out of proportion" and chiding Jewish students as "alarmist." "NYU's deliberate indifference toward the plight of its Jewish students under siege by egregious antisemitism has been outrageous," Marc Kasowitz, a lawyer for the plaintiffs, said in a statement. The case is Ingber et al v New York University, U.S. District Court, Southern District of New York, No.

Persons: Bella Ingber, Sabrina Maslavi, Saul Tawil, Hitler, Linda Mills, Mills, Tawil, Maslavi, Marc Kasowitz, Jonathan Stempel, Bill Berkrot Organizations: New York University, NYU, Hamas, Jewish, U.S, Court, Southern District of, Thomson Locations: Manhattan, Israel, Southern District, Southern District of New York, New York

☆ Opinion: When Biden meets Xi, there’s one obstacle he can’t overcome
▼ + stars: | 2023-11-14 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +7 min

Biden may want Xi to help bring down the temperature on the world’s ongoing wars and help prevent new ones from igniting. Although China occasionally tries to keep a façade of neutrality, there’s little question that it is aligned with Russia. White House officials have said Biden will provide “clarity” to Xi, on the US positions regarding Taiwan and Russia’s war against Ukraine. Still, there’s a limit to how much Xi can downplay the need for growth. Even so, Biden and Xi are likely to make some progress in an important and necessary meeting.

Persons: Frida Ghitis, Joe Biden, Xi Jinping, Xi, Xi –, Vladimir Putin –, Barack Obama, ”, “, Nancy Pelosi’s, Saul Loeb, Biden, Mao Zedong Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, Biden, Central Military Commission, Israel, Kremlin, Hamas, US, Beijing, Getty, Ukraine, Communist Party, China Locations: California, Bali , Indonesia, China, Russia, Ukraine, Israel, Washington, Beijing, Iran, Tehran, Moscow, Taiwan, Indonesia, South China, White, Gaza

☆ When Ruthless Cultural Elitism Is Exactly the Job
▼ + stars: | 2023-11-12 | by ( David Marchese | ) www.nytimes.com time to read: +13 min

Talk When Ruthless Cultural Elitism Is Exactly the JobI wonder if any of the many literary greats represented by Andrew Wylie ever considered using his story. I don’t think that’s ever happened. I think that’s the wrong way to look at it. Do you think that’s a phony attitude? Is there some defense of cultural elitism that you want to make?

Persons: Andrew Wylie, Wylie, scalawag, Andy Warhol’s, Philip Roth, Saul Bellow, Martin Amis, John Updike, Borges, Calvino, Sally Rooney, Salman Rushdie, Karl Ove Knausgaard, Wylie’s, ’ backlists, ”, understatedly, It’s, I’ve, Jesus, Andrew, Gerard Malanga, I’m, doesn’t, it’s, I’ll, “, You’ve, Robert Frank, Allen Ginsberg, “ Don Quixote ”, that’s, what’s, you’re, Orhan Pamuk, Italo Calvino, Naipaul, Nabokov, accrues, We’re, David Marchese, Alok Vaid, Menon, ordinariness, Joyce Carol Oates, Robert Downey Jr Organizations: Houghton, Paul’s, Harvard, New York Times, Harvard Business School, Getty, Disney, Marvel Locations: Houghton Mifflin, St, New York

☆ Philip Schlamberg: Final US combat death of World War II was Jewish teen in Japan
▼ + stars: | 2023-11-11 | by ( Brad Lendon | ) edition.cnn.com time to read: +12 min

“The Last Fighter Pilot” says when the service saw those scores, Schlamberg was offered his pick of jobs and chose to be a fighter pilot. During that trip, he saw Japanese war veterans up close and felt a kinship, he said. Andrew Caballero-Reynolds/AFP/Getty ImagesFitting endingsYellin died in December 2017, shortly after “The Last Fighter Pilot” was published. In the foreword to “The Last Fighter Pilot,” Yellin recounted how World War II’s end was fitting for the times. “And that the final combat life in the defense of freedom would be laid down by a teenage Jewish fighter pilot who had not yet learned to even drive a car.”

Persons: Emperor Hirohito, Jerry Yellin, Philip Schlamberg, Yellin, Schlamberg, “, ” Yellin, Hirohito, ”, Phil, they’d, Ian Hitchcock, I’m, “ I’m, ” Schlamberg, Andrew Caballero, Reynolds, Melanie Sloan, ” “, ” Sloan, Philip, Sloan, Don Brown, he’d, Schlamberg’s smarts, Jerry Yellin’s, ‘ I’m, ’ ”, Yellin’s, Michael, ’, ” Michael Yellin, Saul Loeb, Helene, Robert, Taro Yamakawa, Yamakawa, “ Yellin Organizations: CNN, US Army Air Corps, US Defense Department, Nazi, US, 78th Fighter Squadron, National Archives, Iwo, Fighter Squadron, American, T150 Defence Force Air, Culpeper Regional Airport, Getty, Abraham Lincoln High School, Army Air Corps, Memorial, of, Monuments, New, Montclair Local, Arsenal, Democracy, US Air Force, Arlington National Cemetery, “ Locations: Tokyo, Nazi Germany, Europe, Brooklyn, Iwo Jima, Ukraine, East, Sudan, Myanmar, United States, Nagasaki, Japan, Hiroshima, Utah, Townsville, Australia, Culpeper, Brandy Station, Virginia, AFP, Honolulu, Honolulu , Hawaii, Pearl Harbor, Hawaii, New Jersey, America, Washington ,, Arlington, Pacific, New York

And all three universities formed task forces to address antisemitism on campus. “Let me reiterate what I and other Harvard leaders have said previously: Antisemitism has no place at Harvard,” Dr. In addition, many pro-Palestinian students point out that they have faced doxxing and harassment — and they are asking on social media for similar efforts against Islamophobia. The groups have been at the center of weeks of intense demonstrations that have sharply divided students and shaken Columbia’s Manhattan campus. The university’s decision will bar the group from holding events on campus or receiving university funding through the end of the fall semester.

Persons: ” Dr, Gay, Gerald Rosberg, ” Organizations: Harvard, Palestinian, Columbia, Justice, Jewish, Peace Locations: Gaza, Israel, Egypt, Palestine, Manhattan

☆ Israel strikes Syria after drone hits southern Eilat city - Israeli military
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +3 min

JERUSALEM, Nov 9 (Reuters) - Israel's military said an organisation in Syria launched a drone that hit a school in the southern Israeli city of Eilat on Thursday and that it struck the group in response. The military did not say what organisation in Syria had launched the drone toward Eilat, on the Red Sea approximately 400 kms (250 miles) from the nearest point in Syrian territory. Yemen's Iran-aligned Houthi movement has launched repeated missile and drone attacks on Israel since Oct. 7, all of which were either shot down or fell short. Israel has boosted its naval presence in the Red Sea to better protect its southern shores, while the United States also has a significant amount of naval power in the region. Eilat is the Israel's main commercial gateway through the Red Sea.

Persons: Daniel Mueller, Mueller, Emily Rose, Jonathan Saul, Maytaal Angel, Rami Ayyub, Crispian Balmer, Alex Richardson, Daniel Wallis, Michael Perry Organizations: Patriot, Hamas, Thomson Locations: Syria, Eilat, Yemen's Iran, Israel, Yemen, Negev, United States, Ashkelon, Gaza, Ambrey, Ashdod

Pro-Palestinian students like Ms. Babboni see their movement as connected to others that have stood up for an oppressed people. And they have adopted a potent vocabulary, rooted in the hothouse jargon of academia, that grafts the history of the Israeli and Palestinian peoples onto the more familiar terms of social justice movements at home. They also argue that charges of racism betray a misunderstanding of the region, because it is estimated that half of Israelis are of Middle Eastern or North African descent. Since the crisis began, statements and counterstatements have volleyed back and forth among college administrators, students, faculty and alumni. Each takes issue with the language used by the others, and helps explain why the gyre of recriminations only widens with every new statement offered up by students or faculty.

Persons: Babboni, “, ” Organizations: Israel, “ Palestine Solidarity Groups, Columbia University, U.S . Locations: Palestinian, South Africa, Israel, Gaza, Eastern

On Wednesday, Brazil arrested two people on terrorism charges as part of an operation to take down a suspected Hezbollah cell planning attacks on Brazilian soil. Later that day, Mossad publicly thanked Brazil's police and said, "Given the backdrop of the war in Gaza," Hezbollah was continuing to attack Israeli, Jewish and Western targets. A spokesperson for the Israeli Prime Minister's Office, which oversees the Mossad, had no immediate comment. Brazil's Foreign Ministry told Israel this week that the diplomatic relationship would become unsustainable if any harm were to befall the trapped Brazilians, the sources said. The Iranian government and Hezbollah, an Iran-backed group in Lebanon, could not immediately be reached for comment.

Persons: Brazil's, Flavio Dino, Israel, Dino, Luiz Inacio Lula da Silva, Eli Cohen, Mauro Vieira, Vieira, Daniel Zonshine, Jair Bolsonaro, Lula, Zonshine, Andrei Rodrigues, Rodrigues, Gabriel Stargardter, Maytaal Angel, Jonathan Saul, Andrew Heavens, Brad Haynes, David Gregorio, Leslie Adler Organizations: RIO DE, Brazilian Federal Police, Prime, Office, Mossad, Foreign Ministry, Reuters, O Globo, Wednesday's Federal Police, Federal Police, Hezbollah, Thomson Locations: RIO DE JANEIRO, Brazil, Israel, Gaza, Bolivia, Colombia, Chile, Iran, Lebanon

☆ Israeli military says unidentified drone hits southern city of Eilat
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

JERUSALEM, Nov 9 (Reuters) - An unidentified drone hit a civilian building in the southern Israeli port city of Eilat, the Israeli military said on Thursday, causing only light damage and no injuries. In recent weeks, the Iran-aligned Houthi movement in Yemen has launched repeated missile and drone attacks on Israel, but all were either shot down or fell short. Such premiums have soared 10-fold in recent weeks, adding tens of thousands of dollars to every voyage, industry sources say. The southern Mediterranean port of Ashkelon, which is closest to Gaza, has closed in recent weeks with at least one oil tanker diverted to Eilat. "This would be the first confirmed damage within the city of Eilat since the October 7 hostilities commenced.

Persons: Daniel Mueller, Ambrey, Emily Rose, Jonathan Saul, Maytaal Angel, Crispian Balmer, Alex Richardson, Daniel Wallis Organizations: Hezbollah, Hamas, Thomson Locations: Eilat, Iran, Yemen, Israel, United States, Ashkelon, Gaza, U.S, Ashdod

☆ Ukraine says Russian missile hits civilian vessel in Black Sea, kills one
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +2 min

Nov 8 (Reuters) - A Russian missile damaged a Liberia-flagged civilian vessel entering a Black Sea port in Odesa region, killing one and injuring four people, Ukrainian officials said on Wednesday. After pulling out of the U.N.-brokered deal that guaranteed safe shipments of Ukrainian grain via the Black Sea, Russia has been repeatedly attacking Ukrainian port infrastructure. It added that one person was killed, three crew members, citizens of the Philippines, and one port employee were injured. The vessel was supposed to transport iron ore to China, Ukraine Infrastructure Minister Oleksandr Kubrakov said. Kubrakov added that Russia carried out 21 targeted attacks on port infrastructure after withdrawing from the deal.

Persons: Oleksandr Kubrakov, Kubrakov, Yoruk Isik, Yuliia Dysa, Jonathan Saul, Andrew Cawthorne, Alistair Bell, Ron Popeski Organizations: Facebook, Bosphorus Observer, Reuters, United, Kyiv, Thomson Locations: Russian, Liberia, Odesa, Russia, Philippines, China, Ukraine, Ukrainian, United Nations, Turkey

☆ Israel targets Hamas tunnels in new phase of Gaza war
▼ + stars: | 2023-11-07 | by ( Jonathan Saul | ) www.reuters.com time to read: +7 min

In recent days, Israeli troops have surrounded Gaza City and battled Hamas fighters as they pushed deeper into its streets. Israeli Defense Minister Yoav Gallant approved on Monday further operational plans for military action in Gaza City and the northern Gaza Strip. Hamas is estimated to have a force of between 20,000 and 30,000 fighters, according to Israeli security sources. Hagari said that Israel was seeking to target Hamas field commanders to undermine Hamas capabilities to carry out counter attacks. Security sources said some intelligence was being gathered from Gaza residents fleeing south about the concentration of the tunnels.

Persons: Ammar Awad, Yoav Gallant, Daniel Hagari, Avi Melamed, Benny Gantz, Hagari, Israel, Ayman Nofal, Yaron Finkelman, Finkelman, Lior Akerman, Shin, Shalom Ben Hanan, Ben Hanan, Nidal al, Daniel Flynn Organizations: Hamas, REUTERS, Rights, Israeli, Israel Defense Forces, Islamic, Southern Command, Institute for Policy, Israel's Reichman University, Shin Bet, Shin, Thomson Locations: Gaza, Israel, Palestinian, Sderot, Gaza City, Hamas, Washington

☆ Analysis-Israel Targets Hamas Tunnels in New Phase of Gaza War
▼ + stars: | 2023-11-07 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +6 min

In recent days, Israeli troops have surrounded Gaza City and battled Hamas fighters as they pushed deeper into its streets. Israeli Defense Minister Yoav Gallant approved on Monday further operational plans for military action in Gaza City and the northern Gaza Strip. The Israeli military has said that many of Hamas' tunnels, command centres and rocket launchers lie adjacent to schools, hospitals and humanitarian institutions in northern Gaza, including the Al-Shifa hospital in Gaza City, the region's largest. Hamas is estimated to have a force of between 20,000 and 30,000 fighters, according to Israeli security sources. Security sources said some intelligence was being gathered from Gaza residents fleeing south about the concentration of the tunnels.

Persons: Jonathan Saul JERUSALEM, Yoav Gallant, Daniel Hagari, Avi Melamed, Benny Gantz, Hagari, Israel, Ayman Nofal, Yaron Finkelman, Finkelman, Lior Akerman, Shin, Shalom Ben Hanan, Ben Hanan, Nidal al, Daniel Flynn Organizations: Israeli, Israel Defense Forces, Islamic, Southern Command, Institute for Policy, Israel's Reichman University, Shin Bet, Shin Locations: Gaza, Gaza City, Israel, Hamas, Washington

☆ Real-estate agents may be forced to charge home buyers less, thanks to a new $1.8 billion verdict
▼ + stars: | 2023-11-05 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

On Tuesday afternoon at a courthouse in Kansas City, Missouri, the collective nightmare of the real-estate industry became reality. For decades, the basic structure of how real-estate agents get paid when they help someone buy or sell their home has remained roughly the same. Here's how it works: When you list your home for sale on an MLS, you're required to offer a commission to the buyer's agent. The good buyer's agents who can prove their value will be fine, Brobeck predicted. Buyers might also start making offers on the condition that the seller agrees to pay both agents' commissions — otherwise, no deal.

Persons: Burnett, —, Stephen Brobeck, Brobeck, Mike Rosenthal, Rosenthal, Sellers, Saul Klein, you've, Klein, Keller Williams, Bob Goldberg, Inman, Opendoor, James Rodriguez Organizations: National Association of Realtors, NAR, MLS, Consumer Federation of America, Consumer, nab, New York Times, Justice Department Locations: Kansas City , Missouri, Missouri , Illinois, Kansas, California

☆ A $1.8 billion earthquake just hit the real estate industry
▼ + stars: | 2023-11-05 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

On Tuesday afternoon at a courthouse in Kansas City, Missouri, the collective nightmare of the real-estate industry became reality. For decades, the basic structure of how real-estate agents get paid when they help someone buy or sell their home has remained roughly the same. Here's how it works: When you list your home for sale on an MLS, you're required to offer a commission to the buyer's agent. The good buyer's agents who can prove their value will be fine, Brobeck predicted. The wild thing is, the decision could be just the beginning of tumult for the real-estate industry.

☆ Who is former crypto king Sam Bankman-Fried?
▼ + stars: | 2023-11-03 | by ( Samantha Delouya | Allison Morrow | ) edition.cnn.com time to read: +9 min

New York (CNN) — Sam Bankman-Fried, once known as a cryptocurrency whiz kid, was found guilty on Thursday for his role in the collapse of the cryptocurrency exchange FTX. His entrepreneurial drive didn’t stop there: In 2019, Bankman-Fried co-founded cryptocurrency exchange FTX and became its CEO. In December 2022, Bankman-Fried was arrested in the Bahamas after US prosecutors filed criminal charges against him. Jane Rosenberg/ReutersBankman-Fried was found guilty of stealing billions of dollars from accounts belonging to customers of his once-high-flying crypto exchange FTX. Immediately following FTX’s crash, crypto exchange Gemini, which was founded by Cameron and Tyler Winklevoss, froze customer redemptions in its lending unit, citing market turmoil.

Persons: — Sam Bankman, FTX, Jane Street, ”, Fried, “, …, ” Sam Bankman, Erika P, Rodriguez, Jane, Caroline Ellison, Binance, Sam Bankman, Danielle Sassoon, District Judge Lewis Kaplan, Jane Rosenberg, Joe Bankman, Barbara Fried, Bankman, Allan Joseph Bankman, Yuki Iwamura, Samuel Bankman, Saul Loeb, ingratiated, Tom Brady, Stephen Curry, Naomi Osaka, Larry David, Cameron, Tyler Winklevoss Organizations: CNN, Jane, Capital, MIT, Alameda Research, Chicago Tribune, Tribune, Service, SoftBank, U.S, District, Reuters, Bloomberg, Royal Bahamas Police Force, Billionaire, Stanford, FTX, Getty, Democratic Party, Federal, Commission, Republican, Agriculture, Nutrition, Forestry, Miami Heat, ”, New Locations: York, Alameda, North Berkeley , California, Nassau, Bahamas, BlackRock, Bankman, Hong Kong, United States, FTT, New York City, U.S, FTX, New York, Washington ,

☆ Israel Is in Crisis. These Authors See Reason for Hope.
▼ + stars: | 2023-11-01 | by ( Ethan Bronner | ) www.nytimes.com time to read: +2 min

The citizens’ faith in their political leader, a prime minister charged with bribery and fraud, was plummeting even before the attack. The answer: a mix of risk-taking newcomers and the culture of innovation fostered among young Israelis by their mandatory military service. “Israel has been exposed to constant trauma,” the authors write, and yet the country has some of the lowest rates of alcohol abuse, opioid death and suicide in the world. Israel’s citizens also consistently rank among the happiest on the planet. They have long lives and produce, far and away, the most children per family of any rich country.

Persons: Dan Senor, Saul Singer, Israel, Singer, Israel’s, “ Organizations: Jerusalem, “, Nasdaq Locations: United States, Britain, France, Japan, “ Israel, Canada

☆ House, Senate Brace for Showdown on Israel Aid
▼ + stars: | 2023-10-31 | by ( Siobhan Hughes | ) www.wsj.com time to read: 1 min

Testimony from Secretary of State Antony Blinken was interrupted several times on Tuesday after protesters shouted antiwar slogans during his opening remarks. Photo: Saul Loeb/AFP/Getty ImagesWASHINGTON—House Speaker Mike Johnson (R., La.) is on a collision course with the Senate over a plan to immediately fund aid for Israel but not Ukraine, with a proposed House bill drawing rebukes from Democrats and a cool reception from some Republicans who favor a broader foreign-policy package. The newly elected leader is moving to hold a vote on a bill Thursday giving Israel $14.3 billion in aid and taking previously allocated funding for the Internal Revenue Service to offset the expense. The package would be far smaller than the $106 billion requested by the White House to fund not only Israel but also Ukraine, Taiwan and border security.

Persons: Antony Blinken, Saul Loeb, Mike Johnson Organizations: Getty, WASHINGTON —, Senate, Israel, Internal Revenue Service, White Locations: Israel, Ukraine, Taiwan

☆ Western companies are at risk of losing the biggest market race of all to China: Op-ed
▼ + stars: | 2023-10-31 | by ( Dewardric L. Mcneal | ) www.cnbc.com time to read: +6 min

In fact, it's well past the point when CEOs should have started recalibrating their approach to China. But when it comes to de-risking, there is now the risk it's one more race where we risk falling behind to China. There's a limited window available for foreign businesses in China's market to de-risk in a way that protects their shareholders' interests. On multiple occasions, we've witnessed foreign companies get this calculus and timing wrong. These examples underscore the risk of underestimating the complexities of the Chinese market and losing ground to local competitors over time.

Persons: Joe Biden, Xi Jinping, SAUL LOEB, Trump's, Xi Jinping's, There's, we've, Didi Chuxing Organizations: AFP, Getty, U.S, U.S ., Baidu, Huawei's Locations: Nusa Dua, Bali, China, U.S, China's

☆ The UK is gearing up for a pivotal summit on AI. Here's what you need to know
▼ + stars: | 2023-10-31 | by ( Ryan Browne | ) www.cnbc.com time to read: +10 min

Where it's being heldThe AI summit will be held in Bletchley Park, the historic landmark around 55 miles north of London. What it seeks to addressThe main objective of the U.K. AI summit is to find some level of international coordination when it comes to agreeing some principles on the ethical and responsible development of AI models. The British government wants the AI Summit to serve as a platform to shape the technology's future. They say that, by keeping the summit restricted to only frontier AI models, it is a missed opportunity to encourage contributions from members of the tech community beyond frontier AI. "By focusing only on companies that are currently building frontier models and are leading that development right now, we're also saying no one else can come and build the next generation of frontier models."

Persons: Rishi Sunak, Peter Nicholls, Rishi Sunak's, ChatGPT, Getty, codebreakers, Alan Turing, It's, Kamala Harris, Saul Loeb, Brad Smith, Sam Altman, Global Affairs Nick Clegg, Ursula von der, Emmanuel Macron, Joe Biden, Justin Trudeau, Olaf Scholz, Sunak, —, Xi Jinping, Biden, James Manyika, Manyika, Mostaque, we're, Sachin Dev Duggal, Carl Court Organizations: Royal Society, Carlton, Getty, U.S, Microsoft, Coppin State University, AFP, Meta, Global Affairs, Global Affairs Nick Clegg U.S, Ministry of Science, Technology European, Joe Biden Canadian, Britain, Afp, Getty Images Washington, U.S ., Google, CNBC, Big Tech Locations: London, China, Bletchley Park, British, America, Baltimore , Maryland, Chesnot, U.S, Nusa Dua, Indonesian, Bali, EU

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