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☆ The Caspian Sea, the planet’s largest lake is shrinking fast. Experts fear it may never recover.
▼ + stars: | 2024-10-24 | by ( Laura Paddison | ) edition.cnn.com time to read: +8 min

CNN —There’s a spot on the shoreline from where Azamat Sarsenbayev used to jump into the brackish, blue-green Caspian Sea. Azamat SarsenbayevThe Caspian Sea is the planet’s largest inland sea and it’s largest lake, an enormous body of water roughly the size of Montana. NASAOver many thousands of years, the Caspian Sea has swung between highs and lows as temperatures fluctuated and ice sheets advanced and retreated. Their pupping sites in the shallower northeastern Caspian Sea are shifting and disappearing, as the animals also struggle against pollution and overfishing. Scientists counted 25,000 at one haul-out site on the Durnev Islands in the northeast Caspian Sea in 2009.

Persons: CNN —, Sarsenbayev, ”, Javanmardi, Azamat, Vali Kaleji, Matthias Prange, ” Prange, Joy Singarayer, Muhammed Enes Yildirim, Hossein Beris, University of Tehran’s Kaleji, ” Singarayer, ” Wesslingh, It’s, Kazbek Basayev, Reuters It’s, Assel Baimukanova, Kaleji, Aziz Karimov, Ilham Aliyev Organizations: CNN, NASA, Central, Caucasian Studies, University of Tehran, University of Bremen, University of Reading, Getty, University of Tehran’s, Reuters, Institute of Hydrobiology, “, Caspian, United Nations Locations: Aktau, Kazakhstan, Iranian, Rasht, Montana, Iran, Azerbaijan, Russia, Turkmenistan, Central Asia, Aral, Uzbekistan, Germany, Anadolu, Galugah, Mazandaran province, Makhachkala, Baku, COP29, ”

☆ Israel 'cannot not retaliate,' professor says
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael 'cannot not retaliate,' professor saysVali Nasr, professor of international affairs and Middle East studies at the Johns Hopkins University School of Advanced International Studies, says "once Israel retaliates, it cannot decide how Iran will interpret that."

Persons: Vali Nasr, Israel Organizations: Johns Hopkins University School, International Locations: Iran

☆ With Nuclear Deal Dead, Containing Iran Grows More Fraught
▼ + stars: | 2024-04-15 | by ( David E. Sanger | ) www.nytimes.com time to read: +1 min

When Iran agreed to a deal in 2015 that would require it to surrender 97 percent of the uranium it could use to make nuclear bombs, Russia and China worked alongside the United States and Europe to get the pact done. The Russians even took Iran’s nuclear fuel, for a hefty fee, prompting celebratory declarations that President Vladimir V. Putin could cooperate with the West on critical security issues and help constrain a disruptive regime in a volatile region. A lot has changed in the subsequent nine years. China and Russia are now more aligned with Iran’s “Axis of Resistance” to an American-led order, along with the likes of North Korea. The disappearance of that unified front is one of the many factors that make this moment seem “particularly dangerous,” said Vali Nasr, an Iranian-born professor at the Johns Hopkins School of Advanced International Studies, “maybe the most dangerous in decades.”

Persons: Vladimir V, Putin, ”, Biden, Vali Nasr Organizations: White, Johns Hopkins School, International Locations: Iran, Russia, China, United States, Europe, American, North Korea, Israel, Beijing, Moscow, Iranian

Iran may now be compelled to respond despite its unwillingness to enter war with Israel and the United States. And it has increased such attacks since October 7, when Iran-backed Hamas attacked Israel, killing 1,200 people and kidnapping 250, prompting a devastating Israeli war in Gaza. “That would mean that the Israeli attack on Iran has put a target on the backs of American troops in the Middle East,” he said. Washington has, however, tried to distance itself from Monday’s Israeli attack. Attack Israeli interests abroadAfter past attacks on Iran, Israel has often anticipated Iranian retaliation on its interests in foreign countries, and beefed up security at its embassies.

Persons: Donald Trump, Qassem, Israel hasn’t, ”, Daniel Hagari, Hossein Amir, Abdollahian, ” Amir, Israel, CNN’s Paula Newton, Parsi, Biden, Israel Iran’s, Houthis, Sanam Vakil, Jalal Rashidi, Vakil, Omar Sanadiki, ” Vali Nasr, “, Farzan Organizations: CNN, Seven, Revolutionary Guards, Israel Defense Forces, Iran’s, Quincy Institute, Responsible, Islamic, US National Security, Israel, Hezbollah, Chatham House, State Department, Chatham, ” stoke, UN, Global Governance Locations: Iranian, Damascus, Baghdad, Iran, Israel, United States, Syria, Gaza, Quds, Swiss, Tehran, Washington ,, Iraq, Jordan, Washington, Islamic Republic, Lebanon, Iraqi, East, North Africa, London, Argentina, India, Georgia, Thailand, Jalal Rashidi Kochi, Azerbaijan, “, Chatham House, ”, Switzerland

☆ Top banks made $6 billion trading the ruble last year amid Western exodus from Russia, report says
▼ + stars: | 2023-08-02 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Wall Street reaped billions from ruble trading in the Ukraine war's first year, Bloomberg reports. Banks would buy dollars cheaply and sell them at a markup to Western firms fleeing Russia. Western banks turned to lesser-known peers in countries on good terms with Russia, such as Kazakhstan and Armenia. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Lenders involved in the ruble trade and those that steered clear of it declined to comment to Bloomberg.

Persons: Banks, Vali, Goldman Sachs, JPMorgan Chase, Vladimir Putin, June's Wagner Organizations: Ukraine war's, Bloomberg, Service, Citigroup, JPMorgan, Wall Street Locations: Ukraine, Russia, Kazakhstan, Armenia, Wall, Silicon

☆ The inflation trader hiring frenzy: Where top players are landing as the war for talent heats up
▼ + stars: | 2023-06-14 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +2 min

Inflation trading has gone from a backwater to a $4 billion business as consumer prices careen. It's led to a rush of hiring by banks and hedge funds eager to tap top talent. Insider breaks down the biggest departures, promotions, and hires in inflation trading. Inflation trading isn't new, but up until the last two years, it was a bit of a backwater. It's Winkworth's second move since the renaissance in inflation trading — he joined Deutsche from Morgan Stanley in 2021.

Persons: It's, Jimmy Carter, Joaquin de Soto, Goldman Sachs, Jordan Lange, Carrington Fox, Igor Cashyn, Guy Winkworth, Sukhjeet Atwal, Morgan Stanley, we'll Organizations: Citadel, Barclays, May, JPMorgan, Deutsche Bank, Deutsche

☆ A Goldman Sach star jumps to hedge fund giant Citadel as demand for inflation traders burns red hot
▼ + stars: | 2023-06-09 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +2 min

Goldman Sachs just lost one of its star traders to billionaire Ken Griffin. The move comes amid a fierce talent war for inflation traders. Goldman Sachs just lost one of its stars to billionaire Ken Griffin as demand for inflation traders burns up across Wall Street. Joaquin de Soto, a top inflation trader for Goldman Sachs in London, is heading to Citadel, the $60 billion hedge fund founded by Griffin, according to people familiar with the matter. Trader pay is also skyrocketing due to swelling assets at multistrategy funds like Citadel and Millennium, leading to a war for talent.

Persons: Goldman Sachs, Ken Griffin, Banks, Joaquin de Soto, Griffin, Brevan Howard, De Soto, efinancialcareers, Goldman, they've Organizations: Citadel, Wall, Goldman, Bloomberg, Vali Analytics, BLS, Trader, Millennium Locations: London

☆ Factbox: In Middle East, once improbable ententes set new tone
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +6 min

Some U.S. allies had concluded their interests are not best served by a highly polarised Middle East, he added. The agreement between leading Sunni Arab power Saudi Arabia and the Shi'ite Islamist government in Tehran could defuse tensions and conflicts such as the Yemen war. Saudi Arabia has turned to China at a time of strain in its historic alliance with the United States. Saudi Arabia took the lead in rebuilding ties in 2021, declaring an end to the boycott of Qatar. Sources say Syria and Saudi Arabia have agreed to reopen embassies.

☆ Phoenix residents are transforming their homes to save energy and conserve water as climate scientists warn of an ever-worsening crisis
▼ + stars: | 2023-03-23 | by ( Aj Latrace | ) www.businessinsider.com time to read: +9 min

Its desert climate inspires builders whose designs prioritize conserving both water and energy. A construction worker installing wood-fiber insulation boards over an airtight membrane of the Vali Mews townhouse development in Phoenix. In 2021, of the more than 120,000 Energy Star-certified homes that were built in the US, Arizona built the highest share, 17%, or 20,140 homes. Arizona builders that tout their energy-efficient homes include Fulton Homes, Maracay Homes, and Meritage Homes. Gerald Leenerts used natural Havelock Wool insulation for his accessory dwelling unit instead of spray foam or fiberglass insulation.

☆ U.S. slaps Iran with another round of sanctions over drones used in Russia's war on Ukraine
▼ + stars: | 2023-01-06 | by ( Amanda Macias | ) www.cnbc.com time to read: +1 min

A drone flies over Kyiv during an attack on Oct. 17, 2022, amid the Russian invasion of Ukraine. WASHINGTON — The Biden administration on Friday announced a slew of fresh sanctions and additional measures targeting Iran's aviation and defense sector, as Washington ups the ante in its campaign against Tehran for supplying Moscow with weapons for its war on Ukraine. The Treasury Department imposed sanctions on six executives and board members from Iran's Qods Aviation Industries, the country's top defense manufacturer, for producing unmanned aerial vehicles, or UAVs. Tehran has transferred UAVs to Moscow for use on the battlefield across Ukraine, according to the Treasury. In addition, Treasury also imposed sanctions on Qods Aviation Industries Chairman Seyed Hojatollah Ghoreishi, managing director Ghassem Damavandian, board members Hamidreza Sharifi-Tehrani, Reza Khaki, Majid Reza Niyazi-Angili and Vali Arlanizadeh.

☆ More protesters in Iran have been sentenced to death as political unrest continues
▼ + stars: | 2022-11-17 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +2 min

Iran's judiciary issued three more death sentences to people who were involved in anti-government protests following the death of a woman who allegedly broke the country's strict headscarf rules, the judiciary's website Mizan Online reported. This comes after Iran's Revolutionary Court issued its first death sentence on Sunday due to involvement in anti-regime protests. "A whole younger generation is challenging the rules like wearing a headscarf and the government in Iran has its hands fully trying to manage the protests," Nasr said. "The protests are beginning a great deal of American and European media attention, and severe criticism of Iran. This could potentially bring a whole new set of sanctions on Iran for its crackdown."

REUTERS/Maja Smiejkowska/File PhotoCommodity trade finance covers many types of loans, typically from banks, that facilitate global movement of goods from wheat to gasoline. Most trade finance loans are short-term, less than a year. Traders’ credit lines became strained last year when natural gas prices sky-rocketed in the fourth quarter. ‘DESIRE TO DIVERSIFY’Lending for commodity trade finance has become more diverse, with non-bank financial institutions (NBFI) stepping in. The underlying issue was the retreat of major banks from commodity financing after some 2020 defaults in the sector while Russian banks Sberbank and Gazprombank that were set to expand have now been shut out of Europe.

Commodity trade finance covers many types of loans, typically from banks, that facilitate global movement of goods from wheat to gasoline. Most trade finance loans are short-term, less than a year. The involvement of hedge funds in commodity trade finance has created a lifeline for smaller firms, deemed to be higher risk for banks due to strict capital requirements and clean energy goals. 'DESIRE TO DIVERSIFY'Lending for commodity trade finance has become more diverse, with non-bank financial institutions (NBFI) stepping in. The Swiss firm specialises in financing small to mid-sized commodity merchants and has achieved returns between 6% to 10% over the last 10 years.

☆ Cultura, cea mai afectată de pandemie. Autorităţile municipale recunosc că sălile de spectacole au fost închise pe nedrept
▼ + stars: | 2021-05-04 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Cultura rămâne cea mai afectată de pandemie. Autorităţile municipale recunosc că sălile de spectacole au fost închise pe nedrept, în timp ce transportul public este aglomerat şi promit că vor anula interdicţiile din acest domeniu dacă situaţia epidemiologică va fi favorabilă. "La eveniment a fost prezent şi edilul Capitalei, Ion Ceban, care a promis că dacă numărul îmbolnăvirilor nu va creşte după sărbătorile pascale, atunci domeniul culturii va avea parte de mai multe relaxări. Acesta a recunoscut că sălile au fost închise pe nedrept.ION CEBAN, primar Chişinău:"Am zis că ar fi o absurditate să ţinem sălile închise, atâta timp cât avem transport public aglomerat. "În cadrul evenimentului, cea mai bună şcoală de muzică din Chişinău a primit în dar trei acordeoane din partea municipalităţii.

Persons: Eugen Doga, îşi, DOGA, Ion, VALI Locations: restricţii, Capitalei, Chişinău

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