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☆ Whatever unfolds in Gaza war, judgment day looms for Netanyahu
▼ + stars: | 2023-10-17 | by ( Dan Williams | ) www.reuters.com time to read: +5 min

Israeli Prime Minister Benjamin Netanyahu speaks to the media during a joint press conference with German Chancellor Olaf Scholz, in Tel Aviv, Israel, Tuesday, Oct. 17, 2023. Maya Alleruzzo/Pool via REUTERS Acquire Licensing RightsJERUSALEM, Oct 17 (Reuters) - One Israeli cabinet minister was barred from a hospital visitors' entrance. But there is little love shown for a government being widely accused of dropping the country's guard and engulfing it in a Gaza war that is rattling the region. Whatever ensues, a day of judgment looms for Prime Minister Benjamin Netanyahu, after a record-long career of political comebacks. An opinion poll in Maariv newspaper found that 21% of Israelis want Netanyahu to remain prime minister after the war.

Persons: Benjamin Netanyahu, Olaf Scholz, Maya Alleruzzo, Golda Meir, Amotz Asa, Shalom Hartman, Netanyahu, Asa, El, Benny Gantz, Gantz, Israel, Amit Segal, It's, Dan Williams, Howard Goller Organizations: REUTERS Acquire, Rights, Labour, Shalom, Shalom Hartman Institute, Likud, Reuters, National Unity, Thomson Locations: Tel Aviv, Israel, Meir's, Jerusalem, Maariv, ISRAEL, Gaza, Saudi Arabia, Iran

☆ Adjustable-rate mortgages are making a comeback
▼ + stars: | 2023-10-16 | by ( Anna Bahney | ) edition.cnn.com time to read: +7 min

Meanwhile, the average rate for a kind of adjustable rate mortgage — a 5/1 ARM — dropped to 6.33% from 6.49%. (Freddie Mac, which provides an average that CNN covers weekly, does not track interest rates for adjustable rate mortgages). When Treasury yields go up, so do mortgage rates; when they go down, mortgage rates tend to follow. Fixed rate vs ARMWhile the overwhelming share of loans are still fixed-rate mortgages, ARMs are becoming more attractive in the current higher-rate environment. Generally, homeowners with higher mortgage rates will pay more in interest rather than principal for a longer time than those with lower interest rates.

Persons: —, Freddie Mac, ”, Bob Broeksmit, Melissa Cohn, Cohn, National Association of Home Builders —, ” Cohn, Kaylin Dillon, Jay Zigmont, ’ ” Zigmont, you’re Organizations: DC CNN, Mortgage, Association, CNN, “, ARM, Fed, Federal Reserve, William, Treasury, Mortgage Bankers Association, National Association of Realtors, National Association of Home Builders, Childfree Locations: Washington, Israel, Kansas, Mississippi

☆ Analyst: Israel’s costly misunderstanding of Hamas’ true aims
▼ + stars: | 2023-10-15 | by ( Peter Bergen | ) edition.cnn.com time to read: +32 min

Bergen: How does Hamas impact the more secular Palestinian Authority, which controlled Gaza until 2007 before Hamas violently pushed them aside? They don’t have any other aims like Hamas because Hamas is a religious, social, political movement and terror organization at the same time. Yousef Masoud/The New York Times/Redux Smoke rises after Israeli strikes on the seaport of Gaza City on Tuesday, October 10. Tamir Kalifa/The New York Times/Redux Palestinians walk amid the rubble following Israeli airstrikes in Gaza City on October 10. Erik Marmor/AP Six-month-old Sama Alwadia is rescued from the rubble in Gaza City on October 9.

Persons: Peter Bergen, ”, CNN — Kobi Michael, Michael, Kobi Michael, Mohammed Deif, Marwan Issa, He’s, he’s, Deif, Israel, They’ve, Israel doesn’t, It’ll, Hatem Ali, Antonio Macías, Macías, Francisco Seco, Fatima Shbair, Mohammed Saber, Eli Albag, Liri, Mohammed Talatene, Sergey Ponomarev, Violeta Santos Moura, Dor Kedmi, Mahmud Hams, Saher, Hatem Moussa, Abraham Cohen, Valentin Ghnassia, Ghnassia, Alexi J . Rosenfeld, Yuri Cortez, Yousef Masoud, Ibrahim Hams, Bashar Taleb, Baz Ratner, Jack Guez, Khan, Abed Rahim Khatib, Yahya Hassouna, Mapal Adam, Abed Zagout, Tamir Kalifa, Agha, Ibraheem Abu Mustafa, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, Mohammed Salem, CNN Sergey Ponomarev, Mohammed Abed, Eden Guez, Atef Safadi, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Belal Khaled, Samar Abu, Amir Cohen, Ilai Bar Sade, Erik Marmor, Ali Jadallah, Oren Ziv, Ronen Zvulun, Majdi, Ilia Yefimovich, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Jalaa Marey, Oded, Khan Younis, Ahmad Hasballah, Mohammed Fayq Abu Mostafa, Tsafrir, Ahmad Gharabli, Mustafa Hassona, Ilan Rosenberg, Eyad Baba, Itai Ron, Hadas Parush, Yasser Arafat’s, David, Bill Clinton Organizations: New, Arizona State University, Apple, Spotify, CNN, Peter Bergen CNN, Tel, for National Security Studies, Palestinian, National Security Council, Ministry of Strategic Affairs, Hamas, Qassam, Israel, West Bank, Palestinian Authority, PLO, Israel Defense Forces, Gaza, Haim, AP, New York Times, Reuters, Getty, Aris Messinis, Mount, Mount Herzl Military, Nova, Anadolu Agency, Nova Festival, Ben Gurion, Shifa, Rockets, Israel's, United Nations, Reuters Police, Reuters Rockets, US Locations: New America, Gaza, Lebanon, Israel, Tel Aviv, Bergen, Iran, Qatar, Egypt, You’re, Palestinian, Jihad, Hamas, Gaza City, Rafah, Kfar Saba, Al, Israeli, Be'eri, Rehovot, AFP, Mount Herzl, Jerusalem, Kibbutz Be'eri, Sderot, Khan Younis, Modiin Maccabim, Kfar Aza, Ashkelon, Mount Herzel, Samar, Samar Abu Elouf, Yassin, Beitar Ilit, Ramat Gan, Kiryat Shmona, Itai, Beit Hanun, Rishon Lezion, Samaria, Saudi Arabia, United States of America

☆ How to Invest in Mutual Funds
▼ + stars: | 2023-10-11 | by ( Mallika Mitra | ) www.wsj.com time to read: +20 min

Mutual funds are relatively cheap and simple to invest in, thanks to the many trading apps and online brokerages available nowadays. To get started, read on for our 10-step guide on how to invest in mutual funds. Once you open an account, you can invest in a wide range of securities, like stocks, bonds and mutual funds. Buy mutual fund sharesNow that you’ve solidified your strategy and done your research, you are almost ready to buy mutual funds. How to buy mutual fund sharesSome mutual funds require an investment minimum, often between $500 and $3,000, but not all do.

Persons: Mallika Mitra, Tricia Rosen, ”, Rosen, “, Ameritrade, Roth, Roth IRAs, Uncle Sam, you’ve, Randy Bruns, it’s, Morningstar, Russell, hasn’t, Amy Arnott, John Bogle, Morningstar’s Arnott, pitfall Arnott, You’ll, you’ll, Don’t, Sam, haven’t Organizations: Mutual, Fidelity, Vanguard, Morningstar, SEC, Apple, Fidelity Investments Fidelity, Target, Walmart, Funds, Capital Group, Capital Group’s, The Securities, Exchange Commission, Social, Consumer, Morgan, Capital Locations: Andover, Mass, Naperville , Illinois, U.S

☆ Israel's military is vastly more powerful than Hamas, but invading Gaza to root it out would still be a nasty fight
▼ + stars: | 2023-10-10 | by ( Jake Epstein | ) www.businessinsider.com time to read: +9 min

Israeli forces continue to mobilize ahead of what appears to be preparations for a ground invasion of Gaza. The IDF said it ultimately wants to strip Hamas of its military and governing capabilities there. War experts say rooting out Hamas will still be a tough fight, given the urban environment. Ultimately, it remains unclear when Israeli forces might actually advance, but it is clear preparations are underway. "So you can believe that they've stockpiled a lot of weapons — not just rockets for attacking into Israel, but for attacking a possible ground invasion."

Persons: —, Andrew Borene, Israel, Yoav Gallant, Mostafa Alkharouf, Borene, Momen Faiz, NurPhoto, it's, John Spencer, Spencer, there's, hasn't, Joe Biden Organizations: Service, Israel Defense Forces, Hamas, IDF, Gaza, Anadolu Agency, Getty, Israel, US Marine Corps, US, West, Institute Locations: Gaza, Israel, Iraq, Iran, The

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy New York will charge up to $23/day to drive into ManhattanDrivers crossing through Manhattan's central business district will face a new toll beginning in the Spring of 2024. The fee is expected to be between $9 and $23 per day for drivers entering or exiting during peak traffic hours. Regional planners believe "congestion pricing" will nudge more drivers onto transit. The MTA is using the toll revenues to reinvest in its aging infrastructure. The funds will go toward improvements to system reliability, accessibility and sustainability.

Organizations: Manhattan Drivers, MTA Locations: York, Manhattan's

☆ Here's how New York City is planning to spend $15 billion raised from a new congestion pricing toll
▼ + stars: | 2023-10-08 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +2 min

The toll may produce up to $15 billion for investment within the aging MTA system. For example, particulate matter emissions from stop-and-go traffic can stoke diseases such as asthma. "In London, they've had a reduction of nearly 20% in particulate matter pollution," said Julie Tighe, president of the New York League of Conservation Voters. "There's a 15% reduction in particulate matter in Stockholm, which resulted in a 50% reduction in asthma." Watch the video above to see how New York City is spending cash raised by its massive new toll.

Persons: Janette Sadik, Richard Davey, Davey, they've, Julie Tighe, Mollie Cohen D'Agostino Organizations: U.S, New York City's Department of Transportation, Metro, Bronx ., New, Transit Authority, MTA, CNBC, Regional, New York League of Conservation Voters, University of California, Davis Locations: York City, Manhattan, New, Bronx, New York, Milan, London, Singapore, Stockholm, New York City

☆ World reacts to Hamas attack on Israel
▼ + stars: | 2023-10-07 | by ( ) www.reuters.com time to read: +10 min

REUTERS/Mahmoud Issa Acquire Licensing RightsOct 8 (Reuters) - The Palestinian Islamist group Hamas launched the biggest attack on Israel in years on Saturday. Germany condemns these attacks by Hamas and stands by Israel," Scholz said on social media. However, Morocco's Islamist PJD party, which had been the largest in parliament until elections in 2021, praised the Hamas attack as "a heroic act" and "a natural and legitimate reaction to daily violations". EUROPEAN UNIONEU Commission chief Ursula von der Leyen said: "I unequivocally condemn the attack carried out by Hamas terrorists against Israel. INDONESIA"Indonesia is very concerned about the increasing escalation of the conflict between Palestine and Israel," the foreign ministry the world’s largest Muslim-majority country said on X.

Persons: Mahmoud Issa, Antony Blinken, Lloyd Austin, Tor Wennesland, Volker Tuerk, MAHMOUD ABBAS, WAFA, Abbas, Ali Khamenei, Yahya Rahim Safavi, Nasser Kanaani, ISNA, OLAF SCHOLZ, Scholz, EMMANUEL MACRON Macron, Abraham, JOSEP BORRELL, Borrell, JUSTIN TRUDEAU, JAMES, Ursula von der Leyen, TAYYIP ERDOGAN, Erdogan, Israel, MIKHAIL BOGDANOV, Bogdanov, VOLODYMYR ZELENSKIY Zelenskiy, Israel's, ANDRZEJ DUDA, I'm, Duda, PETR PAVEL, Pavel, Giorgia Meloni, KISHIDA, Kishida, Faki Mahamat, Yoweri Museveni, Jan Harvey, Andrew Cawthorne, Ros Russell, Barbara Lewis, Toby Chopra Organizations: REUTERS, Hamas, UNITED, State Department . U.S . Defense, of Defense, Human, Palestinian, Abraham Accords, Israel, Twitter, EU Commission, Hezbollah, Rockets, State, African Union, Reuters, Thomson Locations: Gaza, Israel, Palestinian, IRAN, Palestine, Jerusalem, CHINA, State, Germany, SAUDI ARABIA, Egypt, MOROCCO Morocco, EU, Muscat, Oman, Canada, QATAR, MIKHAIL BOGDANOV Russia, Iran, Lebanese, Poland, Japan, KUWAIT Kuwait, EMIRATES, UAE, INDONESIA, Indonesia, KENYA, X, UGANDA, Uganda

☆ Ukraine could soon be a muddy mess, but its new Abrams were made for this fight
▼ + stars: | 2023-10-05 | by ( Chris Panella | ) www.businessinsider.com time to read: +10 min

The first batch of US-provided Abrams tanks have arrived in Ukraine. The heavy tanks are joining the battle just in time for the infamous muddy season, which has bogged down some systems. AdvertisementAdvertisementUkraine's infamous mud season is on the horizon, raising questions about how the country's new Western-made armor, like the heavy US-provided M1A1 Abrams tanks, will perform in the coming muddy mess. AdvertisementAdvertisementAn Abrams tank from 1st Battalion, 8th Cavalry Regiment pulls security during Combined Resolve XIII at the Joint Multinational Readiness Center Hohenfels, Germany, on Feb. 02, 2002. In order to maintain the Abrams' Honeywell AGT1500 engine, Ukraine will need a consistent support and a solid supply chain able to provide sufficient spare parts.

Persons: Abrams, —, Robert Greenway, Volodymyr Zelenskyy, YEVHEN TITOV, George Barros, Vladimir Putin's, Barros, they've, It's, Omar Marques, Mark Cancian, They're, Greenway, Douglas R, Bush, it's Organizations: Service, Hudson Institute, Army, 1st Battalion, 8th Cavalry Regiment, Joint Multinational Readiness Center, US Army, Soviet, Getty, Institute for, ARIS MESSINIS, Nowa, Center for Strategic, International Studies, Marine Corps, Abrams, Honeywell, US Locations: Ukraine, Germany, Russia, AFP, Ukrainian, Bakhmut, Donbas, Southern Ukraine, Kyiv, Kharkiv, Nowa Deba, Poland, Soviet, Soviet Union, Latvia

A steepening yield curve is when the spread between long- and short-term bond yields widens. Either the long-term yield rises faster than the short-term yield - a bear steepener - or the short-term yield is falling more - a bull steepener. Bear steepenings of the benchmark two-year/10-year U.S. Treasury yield curve, when the curve is inverted, are rare. In some ways, a positive-sloping yield curve is the natural order of things. Graff reckons the bear steepening is almost over and the curve will struggle to get past -20 bps.

Persons: Warren Pies, Dario Perkins, Lombard's Perkins, Bond, Bill Gross, Goldman Sachs, Tom Graff, Graff, Jamie McGeever, Andrew Heavens Organizations: Treasury, 3Fourteen Research, TS Lombard, Federal Reserve, Reuters, Thomson Locations: ORLANDO, Florida, London reckons

☆ The sure-fire way to save America’s cities? Do what Tokyo does.
▼ + stars: | 2023-10-04 | by ( Eliza Relman | ) www.businessinsider.com time to read: +12 min

But affordability isn't an issue in the world's biggest city, Tokyo. In collectivist Japan, housing policy is designed to benefit the most people possible. Earthquakes and small homesAnother feature of the Japanese housing market is purely situational: The country is a hotspot for earthquakes. Could the US import Japanese housing policy? Japan's housing policy "is now quite well understood" among American housing advocates and scholars, he says, "whereas it was not even three years ago."

Persons: metropolises, Eric Adams, Alan Durning, Durning, Jiro Yoshida, NIMBYism, Jenny Schuetz, Yoshida, Schuetz, André Sorensen, there's, Sorensen, Nolan Gray, Impermanence, Gray, tradeoffs, Eliza Relman Organizations: US, America it's, New York City, Sightline, Pennsylvania State University, Brookings Institution, University of Toronto, Earthquakes Locations: Los Angeles, Miami, New York, San Francisco, Tokyo, it's, America, Paris, Japan, inequity, Montana, California, United States, Vienna, Amsterdam, California , Oregon, Washington

☆ Kyiv: Ousting of US House speaker darkens outlook for Ukraine aid as funds dry up
▼ + stars: | 2023-10-04 | by ( Tim Lister | ) edition.cnn.com time to read: +8 min

That left the Biden administration’s $24 billion request for fresh military aid, submitted to Congress in the summer, in limbo. While it’s unclear who might succeed him, several potential candidates are skeptical about continuing support for Ukraine at current levels. Let’s be clear, if the US Congress does not pass a funding bill, Ukraine will be in deep trouble. But for Ukraine’s military planners, the uncertainty is an immense challenge as they try to plot any winter offensive or where to place air defenses. Bryan R. Smith/AFP/Getty ImagesBut a senior adviser to Zelensky criticized “Western conservative elites” for suggesting that military aid to Ukraine should be suspended.

Persons: Kevin McCarthy, McCarthy, Joe Biden, McCarthy “, ” McCarthy, Volodymyr Zelensky, Robert Fico’s, –, Michael McCord, McCord, ”, Max Bergmann, ” Bergmann, Bergmann, “, Bergman, Dmytro Kuleba, ” Kuleba, Oksana Markarova, ” Markarova, Bryan R, Smith, Zelensky, Mykhailo Podolyak, Podolyak, ” Podolyak Organizations: CNN, Russia grinds, Kyiv, Biden, Ukraine, Russia, NATO, Congressional, House Democrats, Pentagon, Ukraine Security Assistance Initiative, Center for Strategic, International Studies, “, ‘, European Union, Facebook, Embassy of, USA, UN, Assembly, …, Congress Locations: Ukraine, Russia, Washington, Slovakia, Poland, Warsaw, Kyiv, Embassy of Ukraine, AFP

There are businesses still functional ... That’s a public health issue,” Koger continued, adding that there are also significant “cultural concerns” associated with the debris removal. The debris removal not only is occurring on an island in the Pacific Ocean, but Maui has no landfills certified to take hazardous waste. Cultural monitors, who are Native Hawaiians from Maui, are also accompanying the EPA and eventually the Corps during the cleanup. The Corps said plans are being worked out to move debris to a temporary site then eventually to permanent disposal sites in Maui County. Even so, Maui County Council Vice-Chair Yuki Lei Sugimura often hears from many anxious residents looking to return and build a new home.

Persons: ”, Cory Koger, ” Koger, Steve Calanog, King Kamehameha, ” Calanog, Micah Kamohoali’i, Wayne Tanaka, Yuki Lei Sugimura, “, Michael Casey Organizations: Environmental Protection Agency, EPA, U.S . Army Corps of Engineers, West Coast ., National Park Service, Hawaii Department of Health, Corps, Information Center, Sierra Club of Hawaii, “, AP Locations: Maui, Kula, Lahaina, Paradise, California, Oregon , Colorado, New Mexico, they’re, That’s, Oregon, West Coast, Hawaii, Lahaina Hongwanji, United States, Maui County, Central Maui

☆ Why countries are choosing to build new cities in places at high risk of worsening floods
▼ + stars: | 2023-10-04 | by ( Laura Paddison | ) edition.cnn.com time to read: +5 min

Researchers analyzed global flood hazard datasets and annual settlement footprint data covering the three decades between 1985 and 2015 to understand the populations most affected by flood risk. They found over this period, as the world’s settlements grew by 85%, urbanization happened much more rapidly in high-hazard flood zones than in areas with low flood risk. In 2015, more than 11% of built-up areas globally faced high or very high flood risk, meaning areas at risk of flooding depths of at least 50 cm (17 inches) during 1-in-100-year flooding events, according to the report. Upper-middle income countries had the largest proportion of new human settlements in the highest flood risk zones, the report found. “This is concerning as development patterns are enhancing risk without climate change – climate change will further exacerbate these risks in the future.”

Persons: ”, Paolo Avner, Netherlands –, Molave, Manan Vatsyayana, Robert Nicholls Organizations: CNN, World Bank, Municipal, University of East Locations: East Asia, North America, Saharan Africa, China, Japan, Netherlands, Vietnam, Hoi, AFP, Southwest Florida, University of East Anglia

Lifestyle creep can leave even extremely high earners struggling with debt, saving for retirement, or meeting other financial goals and obligations. HENRY stands for "high earner, not rich yet," a common description of those who have fallen victim to lifestyle creep. If you're expecting a raise, Castro says it's important to look at your budget and goals before it goes into effect. Create habits while you're youngAccording to Drucker, one of the best defenses against lifestyle creep is building strong saving and investing habits young. Go back to the basicsIf you've found yourself with a lifestyle creep problem, both financial planners advise going back to the basics of budgeting and planning.

Persons: Brittney Castro, Gideon Drucker, HENRY, Drucker, you'd, it's, Castro, what's, doesn't, Get, you've Organizations: Drucker Wealth Management

Now that I'm stepping away from an employer-sponsored retirement plan, I need to save for my future on my own. Anjali Jariwala, the founder of financial planning firm FIT Advisors, says the most important aspect of planning contributions is setting good financial habits. Consider an IRANow that I'll be saving for retirement without the help of my employer, I'll want to consider an IRA. Consider a solo 401(k)I can also consider a solo 401(k), which provides similar benefits to an employer 401(k). And you can open up multiple retirement accounts, but keep track of your contributions and limits.

Persons: I've, it's, —, Anna Sergunina, Sergunina, Anjali Jariwala, Jariwala, Roth, Tricia Rosen, Robinhood, Rosen, Wealthfront, Read Organizations: Roth IRA

☆ I looked at the plans for the new city proposed by Silicon Valley elites. They're really terrible.
▼ + stars: | 2023-09-28 | by ( Adam Rogers | ) www.businessinsider.com time to read: +17 min

Right now, California Forever is just a website with some ideology and a handful of hopeful sketches with a faintly socialist-utopian flair. AdvertisementAdvertisementCities of the future of the pastThe California Forever art illustrations show at a place that'll look startlingly familiar. Point is, the garden city remains a dream honored more in the breach — in pitches like the one for California Forever. Just about 60 miles southeast of the California Forever site is a residential development called Mountain House. It's what plans like California Forever look like when brick starts getting laid.

Persons: Daniel Burnham, Burnham, Marc Andreessen, Chris Dixon, Michael Moritz, Laurene Powell Jobs, Collison, Flannery, Peter Thiel, Goldman, Jan Sramek, Sramek, Ebenezer Howard, Howard, What's, Foreverville, That's, it's, Banks, John Nash's London, what's, It's, Walt Disney, Gabriel Metcalf, BH Bronson Johnson, Dan Parolek, Adam Rogers Organizations: Travis Air Force Base, New York Times, Flannery Associates, Industry, Truman, California, Western Railway, California Forever, St, BH Locations: Chicago, California, Solano County, Sacramento, Solano, Silicon, Los Angeles, England, Japan, New York, Philadelphia, Seaside , Florida, Pontevedra, Spain, Paris, Tempe, doesn't, Foreverville, Pirates, Caribbean, Toronto, Culdesac

☆ Abrams tanks were 'built to kill' Russian armor, but Ukraine has its work cut out for it keeping them in the fight
▼ + stars: | 2023-09-27 | by ( Chris Panella | Ryan Pickrell | ) www.businessinsider.com time to read: +12 min

Ukraine has received a first batch of US-provided M1A1 Abrams tanks. It's heavy-duty, combat-proven armor that was built with a very specific mission in mind: killing Russian tanks. The promise to deliver American-made Abrams tanks to Ukraine followed plans from the UK, Germany, and other European partners to provide Ukraine with Challenger and Leopard tanks. AdvertisementAdvertisement"The Abrams was built, A1 and A2 alike, knowing we had to kill many more Russian tanks. AdvertisementAdvertisementUS M1A1 Abrams tanks needed for training the Armed Forces of Ukraine arrive by rail at Grafenwoehr, Germany, May 14, 2023.

Persons: Abrams, it's, —, Robert Greenway, Volodymyr Zelenskyy, Biden, M1A1 Abrams, Lance Cpl, Scott Jenkins, Joe Biden, M1A1s, Pat Ryder, Gian Gentile, RAND's, Gentile, Leo, Challenger, Allan Tannenbaum, Greenway, Charlie Company ,, Brendan Mullin, there's, It's, Tylon Chapman, Douglas R, Bush, we've Organizations: US Army, Service, Ukraine, Soviet, Hudson Institute, Army, New York Times, M1A1, Iraq's, Special Forces, Marine Corps M1A1, 2nd Tank Battalion, 2nd Marine Division, Marine Expeditionary Force, US Marine Corps, Kyiv, Pentagon, Challenger, Leopard, Leopards, RAND's Arroyo Center, US, Charlie, Charlie Company , 1st Tank Battalion, 1st Marine Division, United Arab Emirates, Armed Forces, US Air National Guard, Honeywell, Abrams, Acquisition, Logistics, Technology, M1 Abrams Locations: Ukraine, Soviet, Pohjankangas, Niinisalo, Finland, Scott Jenkins Ukraine, Germany, RAND's Arroyo, Russian, Iraq, Soviet Union, U.S, Kuwait, Grafenwoehr

☆ Best 5-Year CD Rates
▼ + stars: | 2023-09-25 | by ( Martha C. White | ) www.wsj.com time to read: +7 min

Best 5-year CD ratesA five-year CD is one of the more common CD terms available. Our CD rate picks reflect the best available five-year CD rates we found on DepositAccounts, com, which tracks roughly 275,000 rates at more than 11,000 banks and credit unions. For instance, a five-year CD could represent your long-term horizon in a CD ladder also containing one, two, three and four-year CDs. You expect interest rates to fallThe current interest rate environment is great for savers, but if the U.S. economy slows, the Federal Reserve policy makers are likely to cut interest rates in order to stimulate the additional growth. These accounts’ interest rates are variable, so if prevailing interest rates decline, banks will cut their rates and you will earn less money.

Persons: Martha C, —, ”, Ken Tumin, Dillon Haviland Organizations: Federal Deposit Insurance Corp, Federal Reserve, Fed, TBH Advisors, FDIC, National Credit Union Administration Locations: U.S, Nashville, Tenn

There's nowhere completely safe from the climate crisis, and for many, it's raising housing costs. You can save money and combat the climate crisis with tax credits for clean-energy solutions. This article is part of "Your Wallet on the Climate Crisis," a series exploring the crisis' financial impact and how people can plan. You can save money by switching to a more energy-efficient lifestyle, and there's a good chance you'll also be financially rewarded for it. We're all under the threat of climate change now, and sleeping on it won't solve anything.

Persons: —, LaJan Collins, Fred, LaJan, Christopher Stroup, Stroup, you've Organizations: Service, San, Energy Credit, Financial Locations: Bell Canyon , California, Los Angeles, Santa Monica , California, California

Taiwan President Tsai Ing-wen attends a ceremony for the start of construction of a new submarine fleet in Kaohsiung, Taiwan, November 24, 2020. Admiral Huang Shu-kuang, Tsai's security adviser, who is leading the program, said a fleet of 10 submarines - which includes two Dutch-made submarines commissioned in the 1980s - will make it harder for the Chinese navy to project power into the Pacific. He called the submarines a "strategic deterrent" to Chinese warships crossing the Miyako Strait near southwestern Japan or the Bashi Channel that separates Taiwan from the Philippines. "If Taiwan is taken, Japan will definitely not be safe, South Korea will definitely not be safe." Eastern Taiwan is where planners have long envisioned the island's military regrouping and preserving its forces during a conflict.

Persons: Tsai Ing, Ann Wang, Admiral Huang Shu, Huang, Lockheed Martin, Chieh Chung, doesn't, Britain's, Yimou Lee, Gerry Doyle Organizations: REUTERS, Rights, Reuters, Lockheed, Lockheed Martin Corp, U.S ., Shandong, Foundation, Taiwan, Britain's Royal Navy, Thomson Locations: Taiwan, Kaohsiung, Rights TAIPEI, China, Beijing, U.S, Japan, Philippines, Borneo, South Korea, Eastern Taiwan, United States, India, Britain, Gibraltar

☆ Taiwan Expects to Deploy Two New Submarines by 2027 -Security Adviser
▼ + stars: | 2023-09-24 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +6 min

By Yimou LeeTAIPEI (Reuters) - Taiwan hopes to deploy at least two new, domestically developed submarines by 2027, and possibly equip later models with missiles, to strengthen deterrence against the Chinese navy and protect key supply lines, the head of the program said. Admiral Huang Shu-kuang, Tsai's security adviser, who is leading the program, said a fleet of 10 submarines - which includes two Dutch-made submarines commissioned in the 1980s - will make it harder for the Chinese navy to project power into the Pacific. He called the submarines a "strategic deterrent" to Chinese warships crossing the Miyako Strait near southwestern Japan or the Bashi Channel that separates Taiwan from the Philippines. "If Taiwan is taken, Japan will definitely not be safe, South Korea will definitely not be safe." Eastern Taiwan is where planners have long envisioned the island's military regrouping and preserving its forces during a conflict.

Persons: Yimou Lee, Tsai Ing, Admiral Huang Shu, Huang, Lockheed Martin, Chieh Chung, doesn't, Britain's, Gerry Doyle Organizations: Reuters, Lockheed, Lockheed Martin Corp, U.S ., Shandong, Foundation, Taiwan, Britain's Royal Navy Locations: Yimou Lee TAIPEI, Taiwan, China, Beijing, U.S, Japan, Philippines, Borneo, South Korea, Eastern Taiwan, United States, India, Britain, Gibraltar

The stock market can seem like a scary places. We reached out to financial advisors to find out their thoughts on storing cash in savings instead of investing, and here's what they said. Villar uses the example of CD rates from a year ago, which were around 3.5% for a 48-month CD. In the meantime, some investment gains in the stock market could have more favorable tax treatment. Further, consumers can use high-yield savings accounts and CDs as part of their investment strategy to hold their emergency funds, short-term savings and risk-free investments.

Persons: Jeff Rose, Mike Villar, Villar, John Grace, Walter Russell of Russell, Russell, Read Organizations: Investor's, Corporation, Walter Russell of Russell & Company

☆ Why Ukraine's Patriot missile systems can't cope with Russia's old, iron bombs
▼ + stars: | 2023-09-23 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

The heavy airplane bombs are "particularly vexing" for air defense systems built to strike lighter targets. Hi-tech air defense missiles are designed to strike more lightweight targets and are ill-equipped to counter the bombs' old, heavy iron construction. This makes them a weapon that the latest air defense systems, like the much-vaunted US Patriot missiles, were not designed to combat, military experts say. The distance from which you can strike the enemy is low, forcing aircraft to fly into the danger zone of the enemy's air defense systems. They can reach a target of 30 miles away, out of range of most of the air defense systems on the frontline.

Persons: Oleksiy, Melnyk, Yuriy Ignat, Ukraine's, Vladimir Putin's, Denys Smazhnyi Organizations: Service, Patriot, Sappers, State Emergency Service, FAB, REUTERS, Ukrainian Air Force, New York Times, Kyiv Independent Locations: Wall, Silicon, Ukraine, Kyiv, Kharkiv, REUTERS Russia, Soviet, Russia, Russian

Ukraine will retake the fiercely contested eastern city of Bakhmut from Russia by the end of the year, President Volodymyr Zelensky predicted during his visit to Washington, an assertion that shows the gulf between Kyiv and American war planners who believe that Ukraine should be focusing more on the south. Mr. Zelensky, at a meeting on Thursday with American editors, also predicted that Ukrainian troops would “de-occupy two more cities” taken by Russia. And contrary to expectations from military analysts in the West, Mr. Zelensky said Ukraine would fight through the winter, without a pause. “We will do everything not to stop during difficult days, in autumn, with not good weather,” he said. “And in winter.”

Persons: Volodymyr Zelensky, Zelensky, “ Locations: Ukraine, Bakhmut, Russia, Washington, Kyiv, West

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