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☆ China stimulus details: Timing and swiftness 'very, very critical,' says Morgan Stanley
▼ + stars: | 2024-09-27 | 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 EmailChina stimulus details: Timing and swiftness 'very, very critical,' says Morgan StanleyLaura Wang, chief China equity strategist at the investment bank, says "we would really like to see ... the execution details on the fiscal spending and on the market stabilization measures."

Persons: Morgan Stanley Laura Wang Locations: China

☆ Photos Show Strength of Asian American Activism Throughout US History
▼ + stars: | 2024-05-30 | by ( Momo Takahashi | ) www.businessinsider.com time to read: +12 min

The term "Asian American" was first coined in 1968 amid the rising voices of the Third World Liberation Front student movements in California. With tensions from protests against the Vietnam War and calls for universities to invest in ethnic studies programs, the Asian American identity was born out of advocacy for multiethnic unity among the Asian diaspora. Historical photographs showcase the history of Asian American resistance movements from the 1960s to the 1980s, demonstrating the strength and resilience of the Asian American community among tenants, students, and laborers. For the next five years, Filipino and Mexican American workers continued to strike for economic justice for all farm workers. AdvertisementThe same year, Yuji Ichioka and Emma Gee, both graduate students and key organizers of the Asian American Political Alliance, coined the term "Asian American."

Persons: Delano, Cesar Chevez's Huelga, Julio Hernandez, Larry Itliong, Cesar Chavez, Gerald French, Chavez, Ted Streshinsky, Slava J, Garth Eliassen, Yuji Ichioka, Emma Gee, Dave Randolph, Sheriff Richard Hongisto, Terry Schmitt, Emil de Guzman, May Chen, Walter Leporati, Chol Soo Lee, Yip Yee Tak, Lee, John O'Hara, Chol, Lee's, Jerry Telfer, Vincent Chin, Vincent, Lily Chin, Detroit . Chin, Ronald Ebens, Michael Nitz, Ebens, Helen Zia, Victor Yang, Chin, Chin's Organizations: Liberation, Business, American, Agricultural Labor, Committee, Delano, Getty, Labor, National Farm Workers Association, United Farm Workers, Migratory Labor, National Farm Workers, University of California, University of California Regents, Black Student Union, UC Berkeley, Asian American Political Alliance, San Francisco State University, San Francisco Chronicle, San Francisco, . Police, Chinatown Community Development Center, Manilatown Heritage Foundation, Images Garment Worker, Ladies Garment Workers Union, International Ladies Garment Workers Union, San, Korean American Journalists Association, Asian, Lee Defense, Hall of Justice, The, American Citizens, Justice, Department of Justice, FBI Locations: California, Vietnam, Asia, San Francisco, Mexican, Bakersfield , California, Spanish, Washington, Delano, Sacramento, American, Berkeley, Berkeley , California, Africa, America, San, Los Angeles, Kearny, New York, Chinatown, Columbus, councilmen, San Quentin, Detroit ., Detroit

☆ Lone orca slays great white in less than two minutes and feasts on its liver
▼ + stars: | 2024-03-01 | by ( Katie Hunt | ) edition.cnn.com time to read: +7 min

Scientists witnessed one of the hunters, a male orca known as Starboard, single-handedly kill a 2.5-meter (8.2-foot) juvenile white shark within a two-minute time frame last year. “Over two decades of annual visits to South Africa, I’ve observed the profound impact these killer whales have on the local white shark population. A second great white shark carcass washes ashore in June near Hartenbos, South Africa. It wasn’t until 2022 that aerial footage first captured the orcas killing a great white shark, Towner said. The kill by a lone orca might have been made possible by the prey’s smaller size as a juvenile great white, according to the study.

Persons: I’ve, ”, Primo Micarelli, I’m, ” Micarelli, It’s, Alison Towner, Towner, didn’t, Christiaan Stopforth, ” Towner, “, Dr, Simon Elwen, wasn’t Organizations: CNN, Italy’s Sharks Studies Centre, University of Siena, of Marine Science, Rhodes University, ”, Cape Town, Search Research, Conservation, Stellenbosch University Locations: Cape Town, South Africa, ” Port, Seal, Mossel, Cape, Hartenbos, Namibia

☆ Opinion | The Dawn of a New Era of Oppression
▼ + stars: | 2024-01-31 | by ( Charles M. Blow | ) www.nytimes.com time to read: +1 min

I am fascinated, and alarmed, by the swiftness with which periods of backlash take shape after surges of Black progress, and I believe that we have entered another such period. Much of my inquiry on the matter has focused on the period after Reconstruction was allowed to fail and that saw Jim Crow begin to rise. Much of this was embodied by the state of Mississippi, which in 1870 was majority Black. White supremacists in the state developed the “Mississippi Plan” in advance of the state’s 1875 elections to use fraud and the intimidation of Black voters, including through violence, to retake state power from progressives. The plan worked.

Persons: Jim Crow, White, Black, Jason Phillips Organizations: Reconstruction, Mississippi Historical Society, Mississippi Department of Archives, Democratic, Republican Locations: Mississippi

☆ When Society Gets You Down, Build a New One
▼ + stars: | 2023-11-14 | by ( Omar El Akkad | ) www.nytimes.com time to read: +2 min

Work and sleep. The other issue is pacing — or rather, the relationship between pacing and depth. There is no sense of consistent pacing throughout the novel, which isn’t necessarily a bad thing. But that swiftness doesn’t always play well with the transitions from one character or group of characters to the next. THE NEW NATURALS | By Gabriel Bump | Algonquin | 295 pp.

Persons: doesn’t, Gabriel Bump Organizations: New Naturals, Naturals, THE Locations: Rio, Gibraltar

☆ Bankman-Fried circus will be a singular clown show
▼ + stars: | 2023-10-04 | by ( Anita Ramaswamy | ) www.reuters.com time to read: +3 min

NEW YORK, Oct 4 (Reuters Breakingviews) - All eyes are on Sam Bankman-Fried as the cryptocurrency founder’s criminal trial gets underway this week. The high-profile case bears similarities to past scandals such as Enron and Countrywide Financial, when regulation followed investigations. Lawmakers hauled Wall Street analysts up to Capitol Hill to grill them about their “buy” ratings. Importantly, legislators passed the Dodd-Frank Wall Street Reform and Consumer Protection Act, forcing banks to hold more capital, among other stipulations. It also is less prevalent – less than 20% of Americans have invested in crypto, according to the Pew Research Center.

Persons: Sam Bankman, FTX’s, Ken Lay, Arthur Andersen, Dodd, Frank Wall, Tom Brady, Bill Clinton, Fried, Lauren Silva Laughlin, Sharon Lam Organizations: Reuters, Enron, Countrywide Financial, Countrywide, Bank of America, Lawmakers, Sarbanes, Oxley, Frank Wall Street Reform, Consumer, The Securities, Exchange Commission, Pew Research Center, Louis Federal Reserve, Southern, Thomson Locations: Manhattan, New

☆ Nagorno-Karabakh: Nearly half of the population has fled. What happens next?
▼ + stars: | 2023-09-27 | by ( Christian Edwards | ) edition.cnn.com time to read: +9 min

CNN —Nearly half of Nagorno-Karabakh’s population has fled to Armenia, with many thousands more still scrambling to evacuate, a week after the breakaway region surrendered following a lightning Azerbaijani offensive. No Armenian will be left here within maybe two weeks,” a Karabakh resident told CNN. Nonna Poghosyan, the American University of Armenia’s program coordinator in Stepanakert, told CNN that her family realized this weekend that it was safer to leave than to stay. Residents told CNN before the latest offensive began that they would have to wait in line for hours to get their daily share of bread. Analysts told CNN before the evacuations began that they feared Azerbaijan might prevent certain members of the population from leaving.

Persons: –, Vasily Krestyaninov, Stepanakert, ”, Russia –, Olesya, “, Ilham Aliyev, Siranush Sargsyan, rakli Gedenidze, Farid Shafiyev, ” –, ” Aliyev, Nikol Pashinyan, Poghosyan, ’ ” Poghosyan, Poghosyan's, Nonna, Pashinyan, Samantha Power, Power, ” Vartanyan, Ruben Vardanyan, Vardanyan Organizations: CNN, Wednesday, Karabakh, Soviet Union, Russia, Refugees, International Relations, Armenia’s, American University of, United States Agency for International Development, USAID, Residents, US State Department, Crisis, ICRC Locations: Armenia, Azerbaijan, Nagorno, Karabakh, Azerbaijan’s, Baku, ”, Soviet Union, Soviet, Turkey, Russian, South Caucasus, Stepanakert, Kornidzor, Baku –, Artsakh, Republic of Armenia, Goris

More than two weeks later, the Kremlin disclosed that Mr. Prigozhin and other Wagner leaders had met with Mr. Putin for three hours in the days after the rebellion ended. “I think he probably feels under some pressure,” Mr. Moore said of Mr. Putin, speaking at the British ambassador’s residence in the Czech capital. Mr. Prigozhin is known to have spent several days in Russia afterward, and video posted on the Telegram messaging app on Wednesday appears to show him in Belarus. “He is clearly under pressure,” Mr. Moore said of Mr. Putin. Mr. Cleverly said the rebellion underscored the falsity of Mr. Putin’s assertions that Russia would be more committed to a long war in Ukraine than the West would be.

Persons: Richard Moore, Vladimir V, Putin, Yevgeny V, Wagner, Prigozhin’s, Prigozhin, “, Mr, Moore, “ Prigozhin, ” Mr, ’, James, ”, Vladimir Putin Organizations: Politico, Kremlin, Mr, Prigozhin, The New York Times, ”, Russian Army, British, Aspen Security Locations: London, Prague, Russia, British, Czech, “, Belarus, Moscow, Belarusian, Minsk, Ukraine, Rostov, Afghanistan, Russian

☆ A bolder CNN is emerging after the ouster of former network chief Chris Licht
▼ + stars: | 2023-06-26 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

CNN —The post-Chris Licht era at CNN is taking shape. Viewers saw the most visible change on Monday when CNN updated the network’s on-screen banners that Licht had implemented in the final days before his departure. While the former network chief sought to tone down the volume, the emerging iteration of CNN is reporting the news in a bolder, unbridled way. To be clear, CNN has not reverted entirely back to the style of journalism that it practiced under former network chief Jeff Zucker. And the new programs that Licht introduced into the lineup, such as “CNN News Central,” remain in place, for now.

Persons: Chris Licht, Licht, I’m, Jeff Zucker, Donald Trump’s, it’s Organizations: CNN, CNN News Central Locations: Florida, Russia

☆ We all need 'Sushi Tuesdays': Finding a way forward after suicide
▼ + stars: | 2023-06-04 | by ( Jodie Sadowsky | ) edition.cnn.com time to read: +9 min

CNN —When Sam Maya, a beloved husband, father, friend, stockbroker and coach, died by suicide 16 years ago, he left a note. Maya spent nearly a decade writing "Sushi Tuesdays," which aims to humanize the face of suicide. Post Hill PressShe spent nearly a decade writing “Sushi Tuesdays,” beginning with a blog by the same name, an homage to the weekly ritual she created after her husband’s death. When Sam Maya died, Tasheff was a single mother living on a budget in Brooklyn and couldn’t travel to California to visit. Maya continues to honor her Tuesdays with therapy and yoga, a hike with a friend, and sometimes a sushi lunch.

Persons: Sam Maya, Charlotte, Charlotte Maya, Maya, Ashwini, Nadkarni, ”, “, Sam, ” Maya, Gregory Stratz, Tim Stratz, Jason Maya, Parker, Danny Maya, Daniel Stratz, Karen Ray, they’d, The, Jane Doe, Jane, she’s, Jane ”, Bess ”, Katherine Tasheff, Tasheff, swiftness, Daniel, Daniels, —, Lauren Kerwin, Kerwin Organizations: CNN, Post, Press, US Centers for Disease Control, CDC, Research, Brigham, Women’s Hospital, Psychological, Karen Ray Photography, Rice University, American Foundation for Suicide Locations: Boston, Maya’s, Brooklyn, California

☆ ‘A problem in the political culture": Serbians call for more than disarmament to end violence after mass shootings
▼ + stars: | 2023-05-19 | by ( Christian Edwards | ) edition.cnn.com time to read: +9 min

Despite having one of the world’s highest rates of gun ownership in the world, mass shootings like this are extremely rare in Serbia. Most people simply inherited weapons from their parents and grandparents – remnants of the sort of violence that no longer plagues the region. While the two “gratuitous” acts of violence that shocked the country this month were without precedent, O’Donnell said, other types of violence are more banal. ‘Serbia against violence’Since the shootings, tens of thousands of Serbians have taken to the streets in opposition-led “Serbia against violence” marches, demanding the resignation of several government ministers. Against this public demand for a mellowing of the political culture, Vučić has seemed unsure how to respond.

☆ Morgan Stanley: Buy these 16 tech stocks to protect your portfolio from disappointing earnings and a coming market downturn
▼ + stars: | 2023-03-07 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

US stocks have shown strength recently but haven't hit their lows yet, according to Morgan Stanley. That's the latest message from top investing minds at Morgan Stanley, including chief US equity strategist Mike Wilson and strategist Andrew Pauker. In fact, margin expectations — as illustrated via net margin revisions — have retreated at the highest rate since the financial crisis, Morgan Stanley researchers found. 16 tech stocks that will outperform in weaknessIn the note, Morgan Stanley's strategists highlighted an unconventional investing strategy for the coming earnings weakness: buying technology stocks. Below are 16 stocks that have the strongest risk-reward prospects within the technology sector for the next 12 months, according to Morgan Stanley.

☆ Yellen says World Bank nominee's credentials will overcome selection criticism
▼ + stars: | 2023-02-25 | by ( David Lawder | ) www.reuters.com time to read: +3 min

BENGALURU (Reuters) - U.S. Treasury Secretary Janet Yellen said on Saturday that she believes the strong qualifications of the U.S. nominee to lead the World Bank, ex-Mastercard CEO Ajay Banga, will overcome any criticism of the selection process. FILE PHOTO: Ajay Banga, President and CEO Mastercard attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 19, 2017. REUTERS/Ruben Sprich/File PhotoIn an interview, Yellen affirmed her support for the longstanding tradition of the United States choosing the World Bank’s leader and Europe choosing the head of the International Monetary Fund. As the World Bank’s largest shareholder with 16.35% of its voting power, the United States wields strong influence over the bank’s policies, and the lender’s president works closely with the Treasury Department. Yellen is pressing the World Bank to refine a package of sweeping reforms aimed at vastly expanding its lending resource and mission to tackle climate change and other global challenges.

☆ It took at least 48 days for Joe Biden to find and declare all the classified material at his residence and former office
▼ + stars: | 2023-01-12 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +6 min

President Joe Biden maintains he cooperated swiftly and completely in returning classified documents. December 20: Biden's personal counsel tells Lausch that an additional batch of documents was discovered in the garage of Biden's residence, in Delaware. Biden's personal counsel tells Lausch that an additional batch of documents was discovered in the garage of Biden's residence, in Delaware. January 12 (morning): Biden's personal counsel informs Lausch that an additional classified document was found at Biden's residence. Biden's personal counsel informs Lausch that an additional classified document was found at Biden's residence.

☆ I've driven 15 different electric cars this year — these are the 3 I'd buy (if I was rich)
▼ + stars: | 2022-12-30 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

My three favorites were the Hyundai Ioniq 5, Rivian R1S, and Porsche Taycan Cross Turismo. The Hyundai Ioniq 5The 2022 Hyundai Ioniq 5 Limited AWD. The Porsche Taycan Cross TurismoThe 2022 Porsche Taycan Cross Turismo Turbo S. Tim Levin/InsiderThe Taycan Cross Turismo is Porsche's totally badass electric station wagon. The Taycan Cross Turismo showed me why the German brand has been the poster child of impeccable driving dynamics for decades. The Taycan Cross Turismo starts at $97,700, $11,000 more than the regular Taycan sedan.

Since the early days of the invasion, Mr. Putin has conceded, privately, that the war has not gone as planned. “I think he is sincerely willing” to compromise with Russia, Mr. Putin said of Mr. Zelensky in 2019. To join in Mr. Putin’s war, he has recruited prisoners, trashed the Russian military and competed with it for weapons. To join in Mr. Putin’s war, he has recruited prisoners, trashed the Russian military and competed with it for weapons. “I think this war is Putin’s grave.” Yevgeny Nuzhin, 55, a Russian prisoner of war held by Ukraine, in October.

☆ FTX remains focus of 'active' investigation, Bahamas attorney general says
▼ + stars: | 2022-11-28 | by ( ) www.reuters.com time to read: +3 min

Nov 27 (Reuters) - Collapsed cryptocurrency exchange FTX remains the subject of "an active and ongoing investigation" by Bahamian authorities, Bahamian Attorney General Ryan Pinder said on Sunday, as he praised the Bahamas' regulatory regime and swiftness with which it responded to the crisis. FTX, which had been among the world's largest cryptocurrency exchanges, is headquartered in the Bahamas. In mid-November, the Royal Bahamas Police said that government investigators in the Bahamas were looking at whether any "criminal misconduct occurred." read more"We are in the early stages of an active and ongoing investigation," Pinder said on Sunday, according to prepared remarks for the speech. Bahamas securities regulators had revoked FTX Digital's license and began involuntary liquidation proceedings the day before the U.S. bankruptcy case kicked off.

Beleaguered cryptocurrency platform FTX filed for bankruptcy protection Friday, and Chief Executive Sam Bankman-Fried resigned. FTX and a bevy of affiliates said they had more than 100,000 creditors and tens of billions of dollars in assets and liabilities. It is the largest crypto-related bankruptcy ever, and a demise remarkable for its swiftness as well as its size.

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