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Three stocks — Liberty Broadband , U.K.'s BT Group and JD Sports Fashion — have risen by double-digit percentages this year. Liberty Broadband Liberty Broadband is a telecommunication holding company that has an ownership interest in Charter Communications, the second-largest cable operator in the United States. The consensus price target of analysts polled by FactSet points to a 55% upside potential for Liberty Broadband shares from the current share price of $82. Deutsche Bank views Liberty Broadband as an attractive way to invest in Charter, estimating it trades at a 32% discount to net asset value (NAV). BT.A-GB YTD line Their price target of 220 pence implies an additional 79% share price increase over the next year from the current share price of 123 pence.
Persons: FactSet, Bryan Kraft, Benjamin Soff, Morgan Stanley, Openreach, Terence Tsui, Kate Calvert, Calvert, JD, Michael Bloom Organizations: Liberty Broadband, BT Group, JD, Wall, CNBC Pro, CNBC Pro Stock, Liberty Broadband Liberty Broadband, Charter Communications, Deutsche Bank, CHTR, BT, JD Sports, North America, Dick's Sporting Goods Locations: United States, Alaska, U.K, BT.A, Europe, North, Derby, Heerlen, Netherlands, U.S
Treasury’s Hidden Stash of Covid Cash
  + stars: | 2023-12-04 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: EV dealers ask Biden where they're supposed to put the glut. Images: AP/Shutterstock Composite: Mark KellyIf you thought Washington’s pandemic-cash bonanza was behind us, keep an eye on the Treasury Department. The Biden Administration made a quiet move late last month to let states spend up to $90 billion of leftover “emergency” money. The rule change pushes back the deadline for states to claim cash from the State and Local Fiscal Recovery Funds, a pandemic aid giveaway that President Biden set up through the 2021 American Rescue Plan Act. Now Treasury plans to give out unspent cash beyond next year, as long as states say what they’ll spend it on by April.
Persons: Biden, they're, Mark Kelly Organizations: Treasury Department, The Biden Administration, State, Treasury
Tolkien’s imagination – and therefore sadly off limits to tourists – the Hobbiton Movie Set provides a pretty good substitute. The Hobbit sets – mostly facades built into landscaped hillsides – have operated as a tourist attraction in some capacity since 2002, but until recently most of the Hobbit Holes have been out of bounds to visitors. The Hobbiton Movie Set formed the backdrop to the "Lord of the Rings" movies and the subsequent Hobbit trilogy and is now a tourist attraction. Shaun JeffersNow, two fully decorated Hobbit Holes have opened to the public for the first time. Shaun JeffersExploring the Hobbit Holes is now included as part of the Hobbiton tour experience.
Persons: J.R.R, Peter Jackson, , Shaun Jeffers, Hobbiton, , it’s, , crouch, Doom, Conor McNish, Lane, Aragorn, Gandalf, King Théoden, Rohan, ’ ”, ” CNN’s Thomas Page Organizations: CNN, Getty, CNN Travel, Mount, Sunday Locations: New Zealand, Matamata, Waikato, , Auckland, Hobbiton, LOTR, Zealand, South, Ngauruhoe, Ruapehu, London
International Business Machines’ (IBM) Quantum System Two computer containing three "Heron" processors is seen in this undated handout photo. Courtesy of International Business Machines/Handout via REUTERS/File Photo Acquire Licensing RightsDec 4 (Reuters) - International Business Machines (IBM.N) on Monday showed a new quantum computing chip and machine that it hopes will serve as the building blocks of much larger systems a decade from now. Researchers around the world are trying to perfect quantum computing, which relies on quantum mechanics to reach computing speeds far faster than classical silicon-based computers. The challenge has been to create quantum computers that are reliable enough in the real world to consistently beat conventional computers. Microsoft (MSFT.O), Alphabet's Google (GOOGL.O) and China's Baidu (9888.HK), along with startups and nation states, are all racing to develop quantum machines.
Persons: Baidu, Dario Gil, IBM's, " Gil, it's, Stephen Nellis, Diane Craft Organizations: Machines, IBM, Business Machines, REUTERS, Microsoft, Google, HK, Reuters, Thomson Locations: San Francisco
AI defined 2023. Bullets and ballots will shape 2024
  + stars: | 2023-12-04 | by ( Simon Robinson | ) www.reuters.com   time to read: +4 min
In that spirit, I asked OpenAI’s ChatGPT and Google’s Bard – two of the most popular generative AI tools – to do the job for me. It missed the war between Hamas and Israel. In 2024, expect more progress and more news on regulators scrambling to keep up. Next year will also be defined by bullets and ballots. Like many newsrooms, Reuters is experimenting with how AI can help us package, produce and deliver our journalism.
Persons: OpenAI’s ChatGPT, Bard –, ChatGPT, , , Bard, , Donald Trump, Narendra Modi, machismo, Claudia Sheinbaum, Vladimir Putin, Joseph Stalin’s, What’s, Taylor, Edward Tobin Organizations: United Nations, Gaza Health Ministry, Brussels –, Ukraine –, Washington, U.S, Mexico City, Reuters, Thomson Locations: Russia, Ukraine, Israel, Gaza, Ukrainian, Ukraine’s, Washington, Brussels, Moscow, Kyiv, Beijing, Taiwan, U.S, India, Mexico, United States
Can Washington Still Do Anything?
  + stars: | 2023-12-04 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Bill McGurn, Kyle Peterson, Allysia Finley, Dan Henninger & Paul Gigot. Images: Getty Images/AP/ Composite: Mark KellyCan the United States government still act to solve problems and aid allies in the national interest? President Biden has asked Congress for $106 billion in supplemental spending, but he needs Republican votes to do it. Republicans want to do something to reduce the flood of migrants pouring across the border and burdening American cities, but they need Democratic votes to pass it. The necessity for compromise is obvious, but America’s polarized politics and Mr. Biden’s political weakness may tank the effort.
Persons: Bill McGurn, Kyle Peterson, Allysia Finley, Dan Henninger, Paul Gigot, Mark Kelly, Biden Organizations: United Locations: United States, Ukraine, Israel, U.S
AUGUSTA, Maine (AP) — Teachers and science advocates are voicing skepticism about a Maine proposal to update standards to incorporate teaching about genocide, eugenics and the Holocaust into middle school science education. The Maine Science Teachers Association testified before the state that adding the proposed content to education standards without providing professional training for teachers could jeopardize science education. The recommended updates that are up for adoption were made by teachers, and the education department opened up the revision process to any science teachers who wanted to be involved, Mrowka said. A group of two dozen Maine science educators met several times over the summer to lead the review of the science standards, Mrowka said. The state sought public comments about the current science standards earlier in the year and received numerous comments from educators about the importance of challenging students.
Persons: , , Tonya Prentice, ” Prentice, , Joseph Graves Jr, ” Graves, Marcus Mrowka, Mrowka, ” Mrowka, Robert Ripley, ” Ripley, Alison Miller, ” Miller Organizations: , Maine Science Teachers Association, National Center for Science Education, Maine Department of Education, Maine Legislature, The Maine Department of Education, Legislature's, Cultural Affairs Committee, Schools, Legislature, Oxford Hills School District, Bowdoin College Locations: AUGUSTA, Maine, Africa, Europe
Lanao Del Sur Provincial Government/Handout via REUTERS/File Photo Acquire Licensing RightsMANILA, Dec 4 (Reuters) - The United States condemned the "horrific terrorist attack" during a Catholic Mass at a university in southern Philippines that killed at least four people and injured dozens, the State Department said on Sunday. The United States is in close contact with its Philippine partners and stands with Filipinos in rejecting the act of violence, it said in a statement. "We continue patrols and security in schools is tighter," Major Alinaid Moner, spokesperson of the Lanao del Sur police office, told News5 radio station on Monday. Mindanao State University (MSU) is continuing operations as it is the period for final exams, Moner said. Philippines President Ferdinand Marcos Jr and security officials said on Sunday the crime was perpetrated by "foreign terrorists".
Persons: Mamintal Adiong, Alinaid Moner, Moner, Ferdinand Marcos Jr, Neil Jerome Morales, Karen Lema, Kim Coghill, Christopher Cushing Organizations: Mindanao State University, REUTERS, Rights, State Department, MSU, Islamic State, Thomson Locations: Lanao Del Sur, Marawi, Philippines, Lanao Del Sur Provincial Government, Rights MANILA, United States, Lanao del Sur
Imagine a better climate pact than COP
  + stars: | 2023-12-04 | by ( Hugo Dixon | ) www.reuters.com   time to read: +7 min
It’s possible to imagine an alternative, better way to fight climate change. The snag is that China or the United States – which were responsible for 25% and 11% of greenhouse gases, respectively, in 2021 – would have to take the lead. All countries agreed to limit global warming to 2 degrees Celsius above pre-industrial times and to aim for 1.5 degrees. That’s the thinking behind the Just Energy Transition Partnerships that the United States and its allies have cut with Indonesia, Vietnam and South Africa. For example, Donald Trump, who as president pulled the United States out of the Paris Agreement, may return to the White House after next year’s elections.
Persons: Vladimir Putin, Xi Jinping, Donald Trump, Peter Thal Larsen, Thomas Shum Organizations: Reuters, of, UN, United, Rio Earth Summit, European, Reuters Graphics Reuters, China, African, Initiative, World Bank, Thomson Locations: Nations, Dubai, China, United States, Paris, U.S, Washington, Beijing, European Union, Japan, Canada, South Korea, United Kingdom, Russia, Russian, Xi Jinping . Washington, India, Brazil, Indonesia, African Union, Vietnam, South Africa
In boost for Modi, India's ruling BJP sweeps polls in three states
  + stars: | 2023-12-04 | by ( ) www.cnbc.com   time to read: +1 min
Narendra Modi, India's prime minister, arrives at the Bhartiya Janata Party (BJP) headquarters in New Delhi, India, on Sunday, Dec. 3, 2023. India's ruling Bharatiya Janata Party won three crucial state elections and unseated the opposition in two of them, strengthening Modi's bid for a third term in office. India's ruling nationalist Bharatiya Janata Party, or BJP, on Sunday won regional votes in three out of four major states, in a big boost for Prime Minister Narendra Modi ahead of a national election due by May. BJP comfortably won Rajasthan and Chhattisgarh from the main opposition Congress and retained Madhya Pradesh, vote-counting data from the independent election panel showed. But the alliance did not feature in the state polls due to internal rivalries and it was a direct contest between BJP and Congress.
Persons: Narendra Modi, India's, Modi Organizations: Bhartiya Janata Party, BJP, Bharatiya Janata Party, Sunday, Congress Locations: New Delhi, India, Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana
Barring individual victims from pursuing their own lawsuits against the Sackler family “raises serious constitutional questions,” the department argued. OxyContin’s commercial success helped the Sackler family earn billions of dollars and the family became known for philanthropy around the world. As the country’s opioid crisis worsened, attention shifted to the role played by Purdue Pharma and the Sackler family. Many of the suits allege that the Sackler family knew of OxyContin’s addictive properties but, nevertheless, continued to promote the drug. The Supreme Court hearing comes at a time of devastating losses due to drug overdoses in the US.
Persons: Los Angeles CNN —, Sackler, Mortimer, Raymond Sackler, , George Frey, Elizabeth Prelogar, ” Anthony Casey, ­, ­ –, Purdue Frederick, ” Lindsey Simon, Organizations: Los Angeles CNN, Purdue, New, US, US Justice Department, Purdue Pharma, Supreme, Knoa Pharma, Purdue Pharma L.P, Bloomberg, Sackler, , University of Chicago, school’s, Law, Finance, Guggenheim, Centers for Disease Control, , Emory University Locations: New York, Purdue, Provo , Utah, U.S, United States, Paris
At issue is whether U.S. bankruptcy law allows Purdue's restructuring to include legal protections for the members of the Sackler family, who have not filed for personal bankruptcy. Members of the Sackler family have denied wrongdoing but expressed regret that OxyContin "unexpectedly became part of an opioid crisis." They said in May that the bankruptcy settlement would provide "substantial resources for people and communities in need." The administration told the Supreme Court that Purdue's settlement is an abuse of bankruptcy protections meant for debtors in "financial distress," not people like the Sacklers. The administration has also alleged that the Sackler family members withdrew $11 billion from Purdue before agreeing to contribute $6 billion to its opioid settlement.
Persons: painkiller, George Frey, Joe Biden's, Sackler, Biden, OxyContin, John Kruzel, Andrew Chung, Will Dunham Organizations: Purdue Pharma L.D, REUTERS, Rights, Purdue Pharma, WASHINGTON, U.S, Supreme, Purdue, Circuit, Thomson Locations: Provo , Utah, U.S, Stamford , Connecticut, Manhattan
"After these results, it looks like there is no stopping Modi," said Yashwant Deshmukh, poll expert with C-Voter agency, adding that stopping Modi would be a "herculean task". The BJP won the regional votes in three of four major states, including central Rajasthan and Chhattisgarh which were ruled by Congress. One of the challenges facing the opposition are the factious ties within the INDIA alliance. Congress refused to share seats in state polls with key regional ally the Samajwadi Party. "The future of the alliance is good if the Congress party works on it with full commitment," he said.
Persons: India's, Narendra Modi, of Home Affairs Amit Shah, Narendra Modi's, Modi, Yashwant Deshmukh, Rahul Gandhi, Manish Tewari, Manoj Kaka, Gandhi, Baijayant Panda, Saurabh Sharma, Miral Organizations: Bharatiya Janata Party, BJP, Indian, Union, of Home Affairs, Narendra Modi's Bharatiya Janata Party, Voter, Congress, Reuters, Samajwadi Party, Thomson Locations: Ahmedabad, India, DELHI, Britain, Rajasthan, Chhattisgarh, Karnataka, INDIA, Lucknow
U.S. Attorney General Merrick Garland announces that Victor Manuel Rocha, the former U.S. ambassador to Bolivia, has been charged with acting illegally as a foreign agent for the government of Cuba, Dec. 4, 2023. Prosecutors say Victor Manuel Rocha, 73, spent more than 40 years spying for Cuba while he rose through the State Department, where he was U.S. ambassador to Bolivia during the Clinton administration. Rocha's case is "one of the highest-reaching and longest-lasting infiltrations of the United States government by a foreign agent," Attorney General Merrick Garland said Monday at a press conference. "To further that role, Rocha obtained and maintained employment in the United States government in positions that provided him: (1) access to nonpublic information, including classified information; and (2) the ability to affect United States foreign policy," wrote prosecutors. I have – have created the legend of a right-wing person," Rocha allegedly said, referring to the Cuban intelligence services.
Persons: General Merrick Garland, Victor Manuel Rocha, Clinton, Merrick Garland, Rocha, Rocha's Organizations: State Department, United, Southern, Southern District of, Foreign Government, DOJ, Undercover, Cuban Locations: Bolivia, Cuba, American, Miami, U.S, United States, Southern District, Southern District of Florida, Republic of Cuba, States, Cuban
The world also said goodbye to former U.S. Secretary of State Henry Kissinger, who died Nov. 29. Political Cartoons View All 1277 ImagesAnother political figure who died this year was former U.S. first lady Rosalynn Carter, who died Nov. 19. Among the entertainers who left the world this year was singer Tina Turner, who died May 24. Here is a roll call of some influential figures who died in 2023 (cause of death cited for younger people, if available):___JANUARY___Fred White, 67. A Hall of Fame forward who helped the Chicago Blackhawks win the 1961 Stanley Cup Final.
Persons: Wagner, Yevgeny Prigozhin, Prigozhin, Vladimir Putin’s, Henry Kissinger, Rosalynn Carter, Jimmy Carter, Silvio Berlusconi, Dianne Feinstein, James Buckley, James Abourezk, Nigel Lawson, Pervez Musharraf, Sandra Day O’Connor, Li Keqiang, Martti Ahtisaari, United Nations Bill Richardson, Gov, Sheila Oliver, Theodoros Pangalos, Tina Turner, Ike Turner, Suzanne Somers, Matthew Perry, Raquel Welch, Richard Belzer, Chaim Topol, Jacklyn Zeman, Lance Reddick, Alan Arkin, Paul Reubens, David McCallum, Richard Roundtree, Tom Sizemore, Jimmy Buffett, Sinéad O’Connor, Rita Lee Jones, Burt Bacharach, David Crosby, Fito Olivares, Ryuichi Sakamoto, Astrud Gilberto, Coco Lee, Tony Bennett, Harry Belafonte, Cormac McCarthy, William Friedkin, Bob Barker, Jerry Springer, Louise Glück, Jeff Beck, Mary Quant, Kaija Saariaho, Lloyd Morrisett, Fred White, Maurice, Verdine White, Ken Block, Walter Cunningham, Fay Weldon, ” Jan, Russell Pearce, Charles Simic, Lynette “ Diamond ” Hardaway, Donald Trump, Diamond, Constantine, Jan, Tatjana Patitz, George Michael’s, Lisa Marie Presley, Elvis Presley, Robbie Knievel, Evel Knievel, Ray Cordeiro, Elmo, Cookie, Gina Lollobrigida, Chris Ford, Crosby, Stills, Nash, Young, Cindy Williams, Shirley, “ Laverne, Billy Packer, Sylvia Syms, Alex ”, Barrett Strong, Norman Whitfield, “ Papa, Rollin ’ Stone, Tom Verlaine, Patti Smith, Bobby Hull, Paco Rabanne, Harry Whittington, Dick Cheney, Hsing Yun, , San Jose ”, Carlos Saura, Spain’s, Hugh Hudson, Oscar, “ Greystroke, Hans Modrow, David Jude Jolicoeur, Huey “, ” Smith, Little Richard, Lloyd Price, , Leiji Matsumoto, Yamato ”, Tim McCarver, Stella Stevens, Jerry Lewis’s, John Munch, Ahmed Qureia, Betty Boothroyd, Ricou Browning, Gill, Gérard Latortue, Fontaine, Barbara Everitt Bryant, Ryan ”, Kenzaburo Oe, Judy Heumann, Gary Rossington, Lynyrd Skynyrd, Georgina Beyer, Traute Lafrenz, Rose, Peterson Zah, Tevye, Robert Blake, Jiang Yanyong, Bud Grant, Dick Fosbury, Pat Schroeder, Gloria Bosman, Jacqueline Gold, Britain’s Ann Summers, John Wick ”, John Jenrette, Juana La, Willis Reed, Darcelle, Paul O’Grady, Lily Savage, Emperor ”, Hedda Kleinfeld Schachter, Margaret Thatcher, Ben Ferencz, Nuremberg, Elisabeth Kopp, Michael Lerner, Jack Lipnick, “ Barton Fink, Bugsy Calhoun, Anne Perry, Thomas Pitt, William Monk, Al Jaffee, magazine’s, Charles Stanley, Richard Riordan, Todd Haimes, Tony Awards, Barry Humphries, Tony, Dame Edna Everage, Len Goodman, Carolyn Bryant Donham, Emmett Till, LeRoy “ Lee ” Carhart, Larry “, ___ Gordon Lightfoot, Tori Bowie, Vida, Grace Bumbry, Rock ”, Ovelha, Denny Crum, Heather Armstrong, Bobbie Spencer, Rolf Harris, Kenneth Anger, Doyle Brunson, Jim Brown, Timothy Keller, Andy Rourke, Ray Stevenson, Thor ”, Ed Ames, George Maharis, Carroll Cooley, Miranda, John Beasley, Kaija, George Winston, Ipanema ”, Robert Hanssen, Richard Snyder, Simon & Schuster, Françoise Gilot, Pablo Picasso —, Pat Robertson, Theodore “ Ted ” Kaczynski, Roger Payne, Treat Williams, Glenda Jackson, Daniel Ellsberg, Richard Nixon, Big, George Frazier, Lee Sarokin, Rubin “, ” Carter, Winnie Ewing, Sheldon Harnick, Jerry Bock, “ Fiorello, John Goodenough, Peg Yorkin, Sue Johanson, Yan Mingfu, John Berylson, James Lewis, poisonings, Mikala Jones, André Watts, Jane Birkin, Kevin Mitnick, San Francisco ”, Frank Sinatra, Lady Gaga, Hugh “ Sonny ” Carter Jr, Jimmy, Randy Meisner, Herman, Angus Cloud, Fezco, ” O’Neill, ___, Mark Margolis, Hector Salamanca, Saul, Sixto Rodriguez, flamed, Robbie Robertson, Tom Jones, Magoo, Timbaland, Aaliyah, Missy Elliott, Clarence Avant, Quincy Jones, Bill Withers, Ada Deer, Jerry Moss, Herb Alpert, Alpert, Michael Parkinson, Muhammad Ali, Miss Piggy, Jiri Cerny, Betty Tyson, Richard Nixon’s, John Warnock, Ron Cephas Jones, Howard Hubbard, Samuel “ Joe ” Wurzelbacher, Joe, Barack Obama, Gil Brandt, Tom Landry, Tex Schramm, Bill Richardson, Steve Harwell, Shabtai Shavit, Jordan, Ian Wilmut, Dolly, Prince Mangosuthu Buthelezi, Roy Kidd, Eno Ichikawa, Michael McGrath, Fernando Botero, Giorgio Napolitano, Matteo Messina Denaro, Michael Gambon, Albus Dumbledore, Harry Potter ”, Mankombu Sambasivan, Saad Eddin Ibrahim, Hosni Mubarak, Tim Wakefield, Dick Butkus, Michael Chiarello, Michael Chiarello ”, Masters, Burt Young, Paulie, Sylvester Stallone, Hughes Van Ellis, Kevin Phillips, Louise Meriwether, Mark Goddard, Major Don West, Rudolph Isley, Isley, unblinking, Piper Laurie, Chrissy Snow, Bobby Charlton, Bishan Bedi, Richard Moll, Xi Jinping, Wu Zunyou, Chandler Bing, Ken Mattingly, Bob Knight, Frank Borman, Steve Norton, Don Walsh, Mariana Trench, Terry R, Taylor, Daisaku Ikeda, Herbie Hancock, Bobby Ussery, George “ Funky ” Brown, Joanna ”, Marty Krofft, Pufnstuf, Donny, Marie ”, Terry Venables, Tim Dorsey, Serge A, Frances Sternhagen, ” “, Charlie Munger, Warren Buffett, Berkshire Hathaway, Gerald Ford, Shane MacGowan, Bernard McGhee Organizations: Wagner Group, Russian, White House, U.S, Supreme, United Nations, Greek Foreign, Republican, Hong, Boston Celtics, NBA, NBC, CBS, Television, Fame, Chicago Blackhawks, , New, of Fame, Louis Cardinals, , Palestinian, Israel, South Dakota Democrat, Arab, Arab American U.S, Britain’s, Commons, . Census Bureau, Alabama ”, Zealand, Navajo, Minnesota Vikings, People, Playboy, Capitol, Juana La Cubana, New York Knicks, Guinness, World Records, Hollywood, Treasury, Southern Baptist Convention, Los Angeles, Roundabout Theatre Company, Air Force, Harlem Globetrotters, Janeiro Games, baseball’s, Germany’s Bayreuth, NCAA, Hall of Famer, Redeemer Presbyterian Church, Legion, Ames, Phoenix, FBI, Simon &, Christian Broadcasting Network, Republican Party, Christian Coalition, Harvard, Feminist Majority Foundation, “ Little, Communist Party, Millwall, New York Philharmonic, San, Brigade, Wing, Eagles, HBO, of Indian Affairs, M, Police, Carpenters, Adobe Systems, Pro Football Hall of Fame, Dallas Cowboys, escapist, Democratic, Zulu, Eastern, AA, Broadway, Communist, U.S . Senate, Red Sox, Yankees, Boston, Chicago Bears, Major, Isley Brothers, New York Times, Manchester United, India, Indiana, Nevada — Resorts, Atlantic City —, Navy, Associated Press, Soka Gakkai, Kentucky Derby, Kool, The, European, Barcelona, Tottenham, City Locations: Russia, Ukraine, Bakhmut, Russian, U.S, Finnish, New Mexico, New Jersey, British, Greece, American, Hong Kong, Italian, America, New York, Spanish, catwalks, Texas, Taiwan, Pakistan, Afghanistan, San, New Orleans, Rosebud, Arab American, Haiti, , African, Brooklyn, London, Los, Mississippi, United States, Rivers, Georgia, Savannah, Louisville, New York City, Irish, HBO’s “ Rome, Brazilian, Ipanema, Moscow, Virginia, Montana, Vietnam, Canada, Asia, Chicago, Hawaii, France, South Africa, Wisconsin, Los Angeles, Czech, Eastern Kentucky, Colombian, , California, Tulsa, Finland, China, Nevada, Atlantic City, Florida, Berkshire
An ex-US diplomat has been federally charged over allegations he worked as a secret agent for Cuba. Feds allege that Rocha even bragged about his work for Cuba as "more than a grand slam." AdvertisementAttorney General Merrick Garland said in a statement that Rocha's arrest "exposes one of the highest-reaching and longest-lasting infiltrations of the United States government by a foreign agent." "Those who have the privilege of serving in the government of the United States are given an enormous amount of trust by the public we serve," said Garland. We did more than they thought," Rocha told the undercover fed, the court documents allege.
Persons: Victor Rocha, Rocha, , Merrick Garland, Garland, Fidel Castro Organizations: Feds, Service, United, Department of Justice, State Department, National Security Council, Justice Department, Cuban, Directorate, Intelligence, Department of State, US Southern Command Locations: Cuba, United States, Bolivia, Miami , Florida, Colombia, Republic of Cuba
America’s Democratic governors brag about booming local economies, preside over ribbon-cuttings of projects paid for with new federal legislation and have successfully framed themselves as defenders of abortion rights and democracy. Almost all of them are far more popular in their home states than the Democratic president they hope to re-elect next year. While President Biden is mired in the political doldrums of low approval ratings and a national economy that voters are sour on, Democratic governors are riding high, having won re-election in red-state Kentucky last month and holding office in five of the seven most important presidential battleground states. The governors, like nearly all prominent Democrats, are publicly projecting confidence: In interviews and conversations with eight governors at their annual winter gathering at the Arizona Biltmore in Phoenix over the weekend, they expressed on-the-record optimism that Mr. Biden would win re-election.
Persons: Biden Organizations: Democratic, Arizona Biltmore Locations: Kentucky, Phoenix
Hong Kong CNN —The US government has announced new regulations that aim to keep Chinese batteries out of cars sold in the United States, a move that could push up the price of electric vehicles for American drivers. China is the world’s leader in EV battery production, dominating almost “every stage of the EV battery supply chain,” according to a 2023 report by the International Energy Agency (IEA). Tesla is a longtime customer of China’s CATL, the world’s largest EV battery maker. Doubling downThe new measures add to existing efforts by Washington to redirect auto manufacturing to the United States. “Financial incentives play an important role in the widespread adoption of electric vehicles,” researchers at George Washington University found in a 2022 study.
Persons: Biden, ” John Podesta, , John Bozzella, , Tesla, China’s CATL, CATL, Jeff Kowalsky Organizations: Hong Kong CNN, EV, International Energy Agency, US Treasury, Internal Revenue Service, Department of Energy, Treasury, Officials, IEA, , Alliance, Automotive Innovation, Ford, Getty, George Washington University, ” China’s Ministry of Foreign Affairs Locations: Hong Kong, United States, China, Russia, North Korea, Iran, America, Michigan, Washington, North America, Dearborn , Michigan, AFP, Europe, Beijing
That sort of approach resonated in conservative strongholds like Alabama long before Trump. Alabama Democrats, especially, cite deep historical roots involving racism, class and urban-rural divides when explaining Wallace, Trump and the decades between them. Moderate to progressive “national Democrats” were concentrated in north Alabama, Baxley explained, while reactionary “states-rights Dixiecrats” cohered in south Alabama. Wallace won four Deep South states as an independent in 1968. Wallace won his fourth term as governor in 1982 after disavowing segregation and winning over enough Black voters.
Persons: George Wallace, Wallace, Donald Trump, Trump, “ Alabamians, , Terry Lathan, ” Trump, Barack Obama, Brent Buchanan, Wayne Flynt, , Lathan, Ron DeSantis, Reagan, Trump's, ” Wallace, Lyndon Johnson, Bill Baxley, Baxley, Lincoln ”, ” Baxley, Franklin Roosevelt’s, “ Wallace, Johnson, Barry Goldwater, Flynt, Alabama “, Richard Nixon, Ronald Reagan, Wallace’s, Jimmy Carter, Carter, Alabama's, Democratic pollster Zac McCrary, Hillary Clinton’s, Joe Biden’s, ” McCrary, Sen, Richard Shelby's, Shelby, Newt Gingrich, Dan Carter, Jeff Sessions, Trump’s, John McCain, Mitt Romney, Mike Huckabee, Rick Santorum, Tommy Tuberville, Katie Britt, dealmaker, Britt, Buchanan, Republican pollster, Donald Trump’s, Kim Chandler Organizations: ATLANTA, — Republican, University of Alabama, Civil Rights Movement, Republicans, Party of Lincoln, Party of Trump, Trump, America, GOP, Alabama Republicans, Democratic, Alabama Democrats, “ Party, Democrats ”, Politics, National Democrats, Franklin Roosevelt’s New, Civil, Act, Republican, Reconstruction, Klux Klan, Birmingham's, Baptist Church, Washington, Democrat, , Democrats, U.S, Senate, Sessions, Alabama, Alabama Legislature, Southern Democrats, Capitol, Shelby, Associated Press Locations: Tuscaloosa, Washington, Alabama, lockstep, Florida, Southern, U.S, Texas, New York, Trump, Jan, Montgomery , Alabama
[1/2] European Union (EU) flags fly in front of the headquarters of the European Central Bank (ECB) in Frankfurt, Germany, July 8, 2020. The initial draft, dated Dec.4 and seen by Reuters on Monday, reads: "The European Council decides to open accession negotiations with Ukraine and with Moldova." For Bosnia, the initial draft stated the bloc was "ready to open EU accession negotiations... once the necessary degree of compliance with the membership criteria is achieved". All three decisions would require unanimous backing of the 27 EU countries. "In our perception, no conditions for Ukraine to start accession talks are met," Hungarian government spokesman Zoltan Kovacs told journalists separately on Monday.
Persons: Ralph Orlowski, Zoltan Kovacs, Charles Michel, Kovacs, Viktor Orban, Michel, Gabriela Baczynska, Jan Strupczewski, Mark Heinrich Our Organizations: European Union, European Central Bank, REUTERS, Rights, European Commission, EU, Kyiv, Reuters, European Council, Commission, Ukraine, Thomson Locations: Frankfurt, Germany, Ukraine, Hungary, Moldova, Georgia, Bosnia, Soviet, Kyiv, EU, Caucasus, Tbilisi, Budapest, Hungarian, Brussels
Federal prosecutors said on Monday that a retired State Department official worked for decades as a secret agent for Cuba, and told an undercover F.B.I. agent that the United States was “the enemy.”In a criminal complaint filed in federal court in Miami, the prosecutors said that the diplomat, Manuel Rocha, had secretly aided Cuba’s “clandestine intelligence-gathering mission against the United States” since 1981 as he rose undetected through the ranks of the diplomatic corps and the National Security Council. Mr. Rocha, 73, appeared to have met with handlers from Cuba’s premier spy agency as recently as 2017, prosecutors said, and boasted that his 40 years of spying on behalf of the communist government in Havana had “strengthened the revolution immensely.”For more than two decades, Mr. Rocha handled matters related to Latin America in a series of roles at the State Department under presidents Bill Clinton and George W. Bush, including a stint as ambassador to Bolivia from 2000 to 2002. More recently, Mr. Rocha, a native of Colombia who grew up in New York, served as an adviser to the U.S. military command responsible for Cuba.
Persons: Manuel Rocha, Cuba’s, . Rocha, , Rocha, Bill Clinton, George W, Bush Organizations: State Department, United, National Security Locations: Cuba, United States, Miami, Havana, America, Bolivia, Colombia, New York
Joe Green and Gift Prakaew gave up Bangkok city life to live in a seaside town in Central Thailand. Joe Green/Thai Girl Gift and Foreigner JoeThe allure of the countrysideThe couple ended up buying a plot of land for $40,000. Joe Green/Thai Girl Gift and Foreigner JoeThe couple's bedroom faces a mountain, and the sea is a five-minute walk away, he said. Joe Green/Thai Girl Gift and Foreigner JoeThe couple worked with a builder and an architect to build their home. Joe Green/Thai Girl Gift and Foreigner JoeOn the other hand, the cost of living in Thailand is "reasonable," he added.
Persons: Joe Green, Prakaew, Green, , Manhattan — Green, Joe, Prachuap Khiri Khan, weren't, I'm, It's, they'll Organizations: Service, US Department of Defense, Hoboken , New Jersey —, Manhattan —, YouTube, roosters Locations: Bangkok, Central Thailand, Europe, United States, Hoboken , New Jersey, Manhattan, New York City, Asia, Thailand, Australian
Sputnik/Mikhail Klimentyev/Pool via REUTERS Acquire Licensing RightsMOSCOW, Dec 4 (Reuters) - Russian President Vladimir Putin will visit the United Arab Emirates and Saudi Arabia this week, Russian news outlet Shot reported on Monday, citing Putin's aide Yury Ushakov. Markets reacted with scepticism to the deal because of doubts about whether the voluntary cuts would be fully implemented. The figure of 2.2 million bpd included an extension of existing Saudi and Russian voluntary cuts of 1.3 million bpd. Shot quoted Ushakov as saying Putin would go first to UAE and then to Saudi Arabia, where negotiations would take place mainly with Crown Prince Mohammed bin Salman. Neither Saudi Arabia nor the UAE is a member of the court either, so Putin can travel to both countries without fear of being arrested under the ICC warrant.
Persons: Vladimir Putin, Mikhail Klimentyev, Yury Ushakov, Brent, Putin, Prince Mohammed bin Salman, Ushakov, Mark Trevelyan, Gareth Jones Organizations: Sputnik, REUTERS Acquire, Rights, United Arab, UAE, Soviet Union, Criminal Court, ICC, Reuters, Thomson Locations: Moscow, Russia, United Arab Emirates, Saudi Arabia, OPEC, Saudi, China, United States, Ukraine, UAE
New York CNN —It’s been an exciting few weeks for the IPO market. People try to draw an analogy between the IPO market and a blocked pipe. That is one reason why the IPO market feels less stymied than it did 12 months ago. But if the current IPO market kicks off, it’s because of other macroeconomic factors. They’re going to very rapidly acquire customers and care much less about long term financial sustainability and climate and the environment.
Persons: New York CNN — It’s, Angela Lee, Bell, We’ve, Reddit, ‘ it’s, Shein, It’s, it’s, we’ve, Ben Minicucci, Eva Rothenberg, , Peter Ingram, Robin Hayes, Minicucci, “ We’ll, Anna Cooban, Svein Tore Holsether Organizations: CNN Business, Bell, New York CNN, Reuters, Microsoft, Wall Street, Columbia Business School, Federal Reserve, Alaska Air, Hawaiian Airlines, Sunday, Alaska Airlines, American Airlines, JetBlue Airways, Justice Department, District of Columbia, Spirit Airlines, Yara, CNN, International Maritime Organization Locations: New York, Reddit, Minicucci, Delta, Southwest, Norwegian, decarbonization
Cyclone Michaung was expected to make landfall on the coast of the southern Indian state of Andhra Pradesh on Tuesday morning, the country's weather office said, with sustained winds of 90-100 kph (56-62 mph), gusting to 110 kph. Two people were killed when a wall collapsed because of heavy rain in the Chengalpattu district of neighbouring Tamil Nadu state, joint director of the state disaster management department, C. Muthukumaran, told Reuters. [1/3]People move in a boat past partially submerged vehicles in a residential area following heavy rains ahead of Cyclone Michaung in Chennai, India, December 4, 2023. Parts of Andhra Pradesh were likely to get more than 200 millimetres (8 inches) of rain over the next 24 hours, India's weather office said. At least 800 people have been evacuated so far from Bapatla, the coastal town in Andhra Pradesh where the cyclone is expected to make landfall on Tuesday, P Ranjit Basha, district collector of Bapatla, said.
Persons: Cyclone Michaung, Muthukumaran, Ranjit Basha, Praveen, Jatindra, Shilpa Jamkhandikar, Gerry Doyle, Sharon Singleton Organizations: Cyclone, Reuters, REUTERS, Authorities, ., Thomson Locations: CHENNAI, Andhra Pradesh, Chengalpattu, Tamil Nadu, Chennai, India, Bapatla, Sadam, Hyderabad, Bhubaneshwar
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