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CNN —China’s military drills around Taiwan are designed to test its ability to “seize power” over the island, the People’s Liberation Army said Friday as its forces kicked off a second day of large-scale exercises encircling its democratic neighbor. Taiwan’s Defense Ministry has condemned China’s military exercises as “irrational provocations” and dispatched its own sea, air and ground forces in response. A total of 19 Chinese warships and seven coast guard vessels were detected near the Taiwan Strait, according to the ministry. China Coast Guard drill near Taiwan. China Coast Guard/Weibo‘Blockading Taiwan’China’s military drills are often as much about playing to a domestic audience as signaling intentions internationally, and state media has ramped up coverage of the drills.

Persons: CNN —, Lai Ching, Lai, Xi Jinping, ”, China’s, Tsai Ing, ” “, Wu Qian, Liu, Tsai, wasn’t, “, I’m, Zhang Chi, Zhang, Carl Schuster, Craig Singleton, ” Singleton, Singleton, Lionel Fatton, ” Fatton Organizations: CNN, People’s Liberation Army, PLA, Command, Party, Taiwan, Guard, CCTV, Taiwan’s Defense, Kyodo, Democratic Progressive Party, China’s, Ministry, Chinese Communist Party, China Coast Guard, Taiwan . China Coast Guard, Weibo, US, Coast Guard, Pacific Command’s Joint Intelligence Center, Foundation, Defense of Democracies, Webster University Locations: Taiwan, Beijing, China, Kinmen, Taiwan Strait, China's, Taiwan ., ”, Kaohsiung, Wuqiu, Geneva

☆ Russia can sustain war effort ‘for another two or three years,’ say analysts
▼ + stars: | 2024-02-14 | by ( Christian Edwards | ) edition.cnn.com time to read: +6 min

While this has meant trading “quality for quantity,” Russia has also been able to manufacture new vehicles. The authors concluded Russia could sustain its current rate of attrition for up to three years and maybe longer. Total military spending now represents one third of its national budget and will reach about 7.5% of GDP, signaling the focus on its war effort,” Giegerich said. Alexander Ermochenko/ReutersThe Royal United Services Institute (RUSI), another think tank, published its own report this week on Russia’s shifting military objectives and capacity. The report said Russia will seek to achieve its objective in three stages.

Persons: ” “, Mike Johnson, ” Bastian Giegerich, ”, Ukraine’s, ” Giegerich, Alexander Ermochenko, Kyiv “ Organizations: CNN, Ukraine “, Institute for Strategic Studies, West, United States Senate, NATO, European, Pentagon, “, Reuters, Royal United Services Institute, Russian, Services, Kyiv Locations: Russia, Ukraine, Ukraine’s, “ Russia, Olenivka, Donetsk region, Ukrainian, “

☆ True Love. Is There a Hack for That?
▼ + stars: | 2024-02-09 | by ( Callie Holtermann | ) www.nytimes.com time to read: +1 min

Something similar exists among those swiping for love on dating apps. In the past year, Ali Jackson, a 36-year-old dating coach in Brooklyn, has been struck by how many people have come to her asking about “hacks” they have seen online, which they believe will help them overcome barriers between their profiles and true love. These are not really tips for dating but for outmaneuvering dating apps. On TikTok and Reddit, users recommend deactivating and reactivating your account, rejecting a string of attractive profiles or temporarily switching your location to a different city. Each of these moves, proponents say, could scramble the app’s algorithm into offering the user better options.

Persons: “, Ali Jackson, ”, Lakshmi Rengarajan Organizations: Match Group Locations: Brooklyn

☆ The US Air Force is again letting retirees come back amid worries about recruiting and retention
▼ + stars: | 2024-02-08 | by ( Ella Sherman | ) www.businessinsider.com time to read: +3 min

The US Air Force is opening back up its Voluntary Retired Return to Active Duty Program. The Air Force has faced challenges with recruitment and retention, which can affect readiness. AdvertisementThe US Air Force said Wednesday it is bringing back the Voluntary Retired Return to Active Duty Program in hopes of reactivating retired service members to address "critical manning shortages" amid concerns about recruitment and retention. The trend in recruiting for the Air Force and some of the other services hasn't been great. In 2022, the Air Force almost fell short of its recruiting goal, and in 2023, the branch missed its active-duty recruiting goal by more than 2,000 soldiers.

Persons: —, reactivating, Caroline Miller, hasn't Organizations: US Air Force, Air Force, Service, Staff, Manpower, Navy, Army, Air, Pew Research Center

☆ Recession-hit Peru aims to boost investment with stimulus package
▼ + stars: | 2023-11-09 | by ( Marco Aquino | ) www.reuters.com time to read: +1 min

LIMA, Nov 9 (Reuters) - Peru's government on Thursday announced a package of more than two dozen new measures aimed at boosting investments in the Andean nation, which has been hit by a recession. Economy Minister Alex Contreras said the measures included moves to attract investments to the country's critical mining sector and boosting mining production. 2 copper producer slid into recession this year due to the El Nino weather phenomenon, lower private investment and lingering effects from earlier social conflicts. With the fresh stimulus, Peru's economy will still be able to hold the country's fiscal deficit to its goal of 2.4% of GDP this year, Contreras said. "We're looking to create a jolt of confidence, for the private sector to understand that the government is committed to reactivating the economy," he said.

Persons: Alex Contreras, Contreras, Marco Aquino, Brendan O'Boyle, Kylie Madry, Alexander Smith, Sandra Maler Organizations: El, Thomson Locations: LIMA

☆ Bolivia severs ties with Israel over war in the Gaza Strip, as Columbia and Chile recall ambassadors
▼ + stars: | 2023-11-01 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

- Leftist economist Luis Arce assumed the Bolivian presidency facing the challenge of uniting a polarized society and reactivating an economy ravaged by the coronavirus pandemic. Bolivia on Tuesday announced it has cut off diplomatic ties with Israel as a result of the civilian deaths caused by its war in the Gaza Strip, while Chile and Colombia have recalled their ambassadors to the Middle Eastern country for consultations. The Bolivian decision took place after a Monday meeting with the Palestinian ambassador to the South American country, said Maria Nela Prada, minister of the Bolivian presidency, in an update. "The government of Bolivia's decision to cut diplomatic ties with Israel is a surrender to terrorism and to the Ayatollah's regime in Iran," Israel's Foreign Ministry said in a statement. It added, "In any case, since the change of government in Bolivia, relations between the countries have been devoid of content."

Persons: Luis Arce's, Marianela Prada, Luis Arce, AIZAR RALDES, Maria Nela Prada Organizations: Casa, Bolivian, Getty Images, Tuesday, CNBC Locations: del Pueblo, La Paz, AFP, Israel, Gaza, Bolivia, Chile, Colombia, Palestinian, American, Iran, Bolivian

☆ The SAG-AFTRA strike is the best thing to happen to Cameo, the short-video app where celebs get paid to make clips for fans, since the lockdowns
▼ + stars: | 2023-08-28 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

Over 2,400 celebrities flocked to Cameo amid the SAG-AFTRA strike. AdvertisementAdvertisementShort-video request app Cameo has seen over 2,400 celebrities starting or reactivating their accounts since the actors' strike began in July, the company's CEO told CNN on Sunday. Cameo is an app where users can pay celebrities to make personalized short clips. Despite the recent influx of celebrities, Cameo has grappled with layoffs, axing 80 of its workforce in July and leaving the company with less than 50 employees, the Information reported. Galanis said at the time Cameo hired too many workers too quickly to "support both fan and talent demand during the pandemic lockdowns."

Persons: Fran Drescher, Alyssa Milano, Steven Galanis, Galanis, —, Cameo, Cheyenne Jackson, Milano, Raymond, Fred Stoller, Elijah Wood Organizations: SAG, Actors, Morning, CNN, Screen Actors, New York Times Locations: Hollywood

☆ Russia's top general Sergei Shoigu bragged that the Kremlin's war in Ukraine has 'debunked many myths' that NATO weapons and military standards are superior
▼ + stars: | 2023-08-16 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Sergei Shoigu says the war is "debunking many myths" that NATO military standards are superior. He bragged that even Russia's Soviet-era weapons fared better in some cases than Western equipment. Shogiu said Russia would share findings about the "weaknesses" in NATO weapons with its partners. "The Russian army debunked many myths about the superiority of Western military standards," Shoigu said at a security conference attended by Chinese Defense Minister Li Shangfu. Shoigu added that through the war, Russia has obtained data on the destruction of weapons systems like German tanks, US armored vehicles, British long-range missiles.

Persons: Sergei Shoigu, Shogiu, Shoigu, Li Shangfu, Bradley Organizations: NATO, Service, Russian Defense, Chinese Defense, Russia's Defense Ministry, New York Times, Shadow, UK Defense, Western Locations: Soviet, Russia, Wall, Silicon, Ukraine, Washington, Kyiv, Moscow

☆ China’s economy is way more screwed than anyone thought
▼ + stars: | 2023-06-14 | by ( Linette Lopez | ) www.businessinsider.com time to read: +12 min

The bubble in China's property market finally popped. In April, China's economic data came in weak largely across the board. The problem is that while consumers may be picking up, the biggest drivers of the Chinese economy — property and exports — are going to stay dormant. Consumer consumption makes up about 37% of the Chinese economy (in the US that figure is about 70%). Beijing has tried to shift the country toward a consumption model, like the US, but exports still make up 20% of China's economy.

Persons: lockdowns, it's, Xi Jinping, Stanley Druckenmiller, We're, Morgan Stanley, Goldman Sachs, Wei Yao, Leland Miller, Miller, Yao, Wright, I've, —, Kearney, Linette Lopez Organizations: Trade, JPMorgan, Bloomberg Invest Conference, Bank of America's, China's National Bureau, Statistics, Societe Generale, Analysts, Beijing, China, Chinese Communist Party, China's Locations: China, globalism, Beijing, York, Asia

☆ The US is sending depleted-uranium ammo to Ukraine capable of piercing Russian tank armour, report says
▼ + stars: | 2023-06-13 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

The US is set to approve depleted-uranium tank shells for Ukraine, the WSJ said. The shells are capable of blowing up Russian tank armor. For several months the Biden administration has been debating whether to provide the shells to Ukraine following concerns over their environmental and health impacts, the outlet reported. When used in tank shells, the material is effective because its bulk can penetrate through enemy armor. The weapons could hand Ukraine an advantage in tank battles as it launches its campaign to drive Russian forces back from territory they occupy in south and eastern Ukraine.

Persons: —, Biden, Jake Epstein, Vladimir Putin, Putin Organizations: Service, Wall Street Journal, White, EPA, United Nations Environment, Challenger, WSJ Locations: Ukraine, Russia, Netherlands

☆ Russia has lost two-thirds of its tanks since it invaded Ukraine as its military struggles with obsolete Soviet-era weapons, analyst says
▼ + stars: | 2023-05-30 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Russia has lost two-thirds of its tanks amid the stalled Ukraine invasion, a blog said. Jakub Janovsky, a military analyst who contributes to the website, told Insider that Russia had started the war with around 3,000 operational tanks. He said though that despite the high losses, Russia was "reactivating" tanks from the 4,000 it has in reserve to be deployed to the front line. "The ratio of equipment losses is still very favorable to Ukraine, but less so than it was in autumn last year," said Janovsky. Despite the equipment shortages suffered by the Russian military on the front line, Russia continues to showcase advanced military technology at global arms fairs, the UK's military intelligence said.

Expressed in terms of annualised run-rates, China's output of 39.9 million tonnes last month was the lowest in a year and down by 1.6 million tonnes from August's record 41.5 million. China's aluminium production is now highly dependent on weather patterns in the south of the country. China's average daily aluminium output and monthly annualised changePRAYING FOR RAINYunnan province accounts for around 12% of China's aluminium capacity and produced 4.2 million tonnes in 2022. WESTERN PRODUCTION FLAT-LINESPrimary aluminium production outside of China was flat year-on-year in the first quarter. WEATHER WATCHHowever, China's dominant position in the global aluminium picture means that it holds the key to future production patterns.

☆ Rent the Runway's losses narrow as company edges closer to profitability
▼ + stars: | 2023-04-12 | by ( Gabrielle Fonrouge | ) www.cnbc.com time to read: +5 min

Rent the Runway's losses narrowed in its fiscal fourth-quarter earnings reported Wednesday as the digital retailer continues to streamline its costs and work towards profitability. For the full year, the company expects revenue in the range of $320 million to $330 million. Active subscribers excludes those with paused memberships. At the end of the fiscal year, Rent the Runway had 126,712 active subscribers, a 10% increase compared to the year-ago period. The company expects its active subscriber count to grow by more than 25% in the next fiscal year.

In its latest Global Financial Stability Report, the IMF said global financial stability risks had increased "rapidly" in the six months since its previous assessment when it was already touting hazards as being "significantly skewed" to the downside. The IMF said the bank failures "have been a powerful reminder" of the challenges wrought by tighter monetary policy - and the more stringent financial conditions it generated - and the buildup in vulnerabilities since the global financial crisis more than a decade ago. Problems at U.S. regional banks grew last year, as rapidly rising interest rates slashed the value of some banks' holdings in long-term assets such as home loans and government bonds. Going forward, regional banks could face greater scrutiny with respect to their holdings and funding structures, the IMF cautioned. Even still, authorities should be more prepared to deal with financial instability, the IMF recommended, including by strengthening their bank resolution regimes.

☆ Infected in the first wave, they navigated long COVID without a roadmap
▼ + stars: | 2023-02-20 | by ( Julie Steenhuysen | ) www.reuters.com time to read: +6 min

Three years later, at least 65 million people worldwide are estimated to have long COVID, according to an evidence review published last month in Nature Reviews Microbiology. An analysis of thousands of health records by the RECOVER trial found that non-Hispanic white women in wealthier areas were more likely than others to have a long COVID diagnosis. Researchers said that likely reflected disparities in access to healthcare, and suggests that many cases of long COVID among people of color are not being diagnosed. She has since been diagnosed with long COVID and can no longer work. Other infections such as Lyme disease can result in long-term symptoms, many of which overlap with long COVID.

SEATTLE/WASHINGTON, Jan 30 (Reuters) - Boeing Co (BA.N) told employees on Monday that it will add a new 737 MAX production line in Everett, Washington, in mid-2024 as it plans to ramp up deliveries of its best-selling plane. The company is reactivating its third 737 MAX line in Renton, Washington, Deal added. Boeing booked nearly 700 MAX orders last year, delivered 387 737s and has a total backlog of about 3,600 MAX airplanes. Boeing said this month it had stabilized 737 production at 31 per month, with plans to ramp production up to approximately 50 per month in the 2025-2026 timeframe. The legislation requires Boeing to fit new safety enhancements to the MAX 7 and MAX 10 and retrofit existing MAX 8 and MAX 9 planes in the fleet.

☆ Harvard professor emerita says Elon Musk's Twitter takeover is 'fundamentally intolerable' and a threat to political stability
▼ + stars: | 2023-01-31 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Data privacy expert Shoshana Zuboff told the FT that Elon Musk's Twitter is a threat to democracy. The former Harvard Business School professor calls Musk's Twitter takeover "fundamentally intolerable." However, The New York Times reported that racist, homophobic, and anti-semitic slurs have increased on the platform after Musk's takeover. But Zuboff thinks the risks of the Musk takeover and the corporate control of information by big tech are even bigger — and may result in unintended consequences. "These spaces cannot exist solely under corporate control," Zuboff said.

SEATTLE/WASHINGTON, Jan 30 (Reuters) - Boeing Co (BA.N) told employees on Monday that it will add a new 737 MAX production line in Everett, Washington, in mid-2024 as it plans to ramp up deliveries of its best-selling plane. Boeing Commercial Airplanes Chief Executive Stan Deal said in an email seen by Reuters that the new line will be its fourth 737 MAX one and is needed because of "strong product demand." Boeing is reactivating its third 737 MAX line in Renton, Washington, Deal's email added. Boeing booked nearly 700 MAX orders last year, delivered 387 737s and has a total backlog of about 3,600 MAX airplanes. Boeing said this month it has stabilized 737 production at 31 per month with plans to ramp production to approximately 50 per month in the 2025 to 2026 timeframe.

☆ Boeing to add 737 MAX line as it boosts production
▼ + stars: | 2023-01-30 | by ( ) www.reuters.com time to read: 1 min

SEATTLE/WASHINGTON, Jan 30 (Reuters) - Boeing Co told employees on Monday that it will add a new 737 MAX production line in Everett, Washington, in mid-2024 as it plans to ramp up deliveries of its best-selling plane. Boeing Commercial Airplanes Chief Executive Stan Deal said in an email seen by Reuters that the new line will be its fourth 737 MAX one and is needed because of "strong product demand." Boeing is reactivating its third 737 MAX line in Renton, Washington, Deal's email added. Reporting by Valerie Insinna in Seattle and David Shepardson in Washington; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.

Playing down the economic slowdown as part of a global trend, Finance Minister Choo Kyung-ho pledged prompt support measures for exporters, such as tax breaks and administrative help. Central bank estimates showed gross domestic product (GDP) shrank 0.4% in the October-December period from the previous quarter. Markets showed a muted reaction to the data, which was largely in line with repeated warnings in recent weeks by the government and central bank. The central bank estimated that in 2022 the full-year value of the economy, Asia's fourth-largest, had been 2.6% larger than in 2021, when it showed growth of 4.1%. Reporting by Jihoon Lee and Choonsik Yoo; Editing by Bradley PerrettOur Standards: The Thomson Reuters Trust Principles.

☆ Analysis: Midterm elections present a big test for newsrooms in the era of election lies and misinformation
▼ + stars: | 2022-11-07 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN Business —The first major test of the election denialism era has arrived. Tuesday’s midterms will be the first significant contest since conspiracy theories and lies about the US election process swallowed one of its two major parties whole. It’s difficult to put into words how dominant election lies are in the information universe in which Republicans almost exclusively get their news. There are different machines to cast and count ballots, there are different local election laws and procedures. Bad-faith media organizations and personalities, however, will exploit such situations to draw sweeping and incorrect conclusions that serve to benefit their political worldview.

☆ South Korea expands corporate bond-buying program amid credit crunch concern
▼ + stars: | 2022-10-23 | by ( ) www.cnbc.com time to read: +1 min

South Korea Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho speaks with his staff attending the G-20 Finance Ministers Meeting in Bali, Indonesia on July 16, 2022. South Korea's government will expand its corporate bond-buying program among other liquidity supply measures amid growing worries about a credit crunch in bond and short-term money markets. The government will double the ceiling of its corporate bond-buying facility run by state-run banks to 16 trillion won ($11 billion), Minister of Economy and Finance Choo Kyung-ho said on Sunday. Commercial paper issued by securities firms will be included in the facility's purchase list, while an additional 3 trillion won of liquidity will be supplied by the Korea Securities Finance Corp for securities firms experiencing liquidity shortages, he said. The Bank of Korea's monetary policy board will also consider its own measures, such as reactivating a special purpose vehicle to purchase corporate bonds and commercial paper first introduced during the pandemic, Governor Rhee Chang-yong told reporters.

☆ Factbox: Energy crisis revives coal demand and production
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: +6 min

France - The Emile Huchet coal power plant restarted in early October, only six months after it closed, according to local media. Netherlands - Dutch energy minister Rob Jetten said in June the Netherlands will remove a production cap at coal-fired energy plants to preserve gas. In June, it said it plans to "increase thermal coal production from existing mines this year maximum by 1.5 million tonnes". Spain - The ministry for the ecological transition requested in May the delay of Endesa's As Pontes coal power station closure. (** Note that Ukraine's government has stopped releasing coal production data since the start of the war).

☆ The best global performers last week include an energy stock analysts say could jump 15%
▼ + stars: | 2022-09-26 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

The MSCI World index fell around 5%, even worse than major indexes on Wall Street. However, there were stocks in the MSCI World index that outperformed the wider market. These were the 12 best-performing stocks in the MSCI World index that saw gains of more than 5% last week, as of the close on Sept. 23. It's a favorite among majority of analysts covering the stock, with 67% rating it a buy, according to FactSet. The other stock that was one of the top-performing last week is Swedish security firm Securitas , which jumped 16.3%.

You can delete a Facebook business page permanently in a few quick steps. Facebook page administrators are the only users allowed to delete or unpublish a page. Creating a Facebook business page is a fairly quick process. There are two ways to "remove" a Facebook business page from public view. This might be useful when you want to update or make a change to your Facebook business page.

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