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☆ Dollar on the back foot as focus turns to Fed easing
▼ + stars: | 2023-11-20 | by ( ) www.cnbc.com time to read: +3 min

"(The) euro zone PMI surveys will be watched closely for further signs the region is on the cusp of, or already in, recession," said economists at Wells Fargo in a note. "In our view, the chances of at least a mild euro zone recession beginning in the latter part of 2023 are now becoming increasingly likely." Sterling slipped 0.06% to $1.24545, but was not far from a two-month high of $1.2506 hit last week. Ahead of China's loan prime rate decision later in the day, the offshore yuan firmed near a three-month high against the dollar and last stood at 7.2214 per dollar. The Australian dollar , often used as a liquid proxy for the yuan, fell 0.17% to $0.6504, while the New Zealand dollar slipped 0.04% to $0.5990.

Persons: Sterling, Carol Kong Organizations: Federal Reserve, PMI, Fed, Commonwealth Bank of Australia, New Zealand Locations: China, Asia, Beijing, Wells

A pedestrian looks at his phone as he walks past a logo for Australia's Westpac Banking Corp located outside a branch in central Sydney, Australia, November 5, 2018. REUTERS/David Gray/File Photo Acquire Licensing RightsSYDNEY, Nov 20 (Reuters) - Westpac Banking Corp (WBC.AX), Australia's third largest bank by market capitalisation, said on Monday it would raise A$750 million ($488.1 million) in an Additional Tier 1 (AT1) capital transaction. The AT1 bonds are used by banks to stabilise cashflow in periods of stress, according to APRA. Under that deal, holders of Credit Suisse AT1 bonds received nothing, while shareholders, who usually rank below bondholders in terms of who gets paid when a bank or company collapses, received $3.23 billion. ($1 = 1.5366 Australian dollars)Reporting by Scott Murdoch in Sydney; Editing by Muralikumar Anantharaman and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: David Gray, Stephen Jones, Scott Murdoch, Muralikumar Anantharaman, Stephen Coates Organizations: Australia's Westpac Banking Corp, REUTERS, Rights, Westpac Banking Corp, Westpac, prudential, Credit Suisse, APRA, Credit Suisse AT1s, Commonwealth Bank, Credit, Thomson Locations: Sydney, Australia

☆ The GOP Wins One Over George Soros
▼ + stars: | 2023-11-18 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

The House Oversight Committee investigating Biden family business dealings has issued subpoenas to Hunter and James Biden to appear for depositions. Also requested for transcribed interviews are family members and associates including Sara and Hallie Biden. Images: AP/Reuters/House Oversight Committee Composite: Mark KellyButa Biberaj this week conceded she lost to Republican Bob Anderson in her bid for re-election as Loudoun County’s Commonwealth Attorney. Ms. Biberaj is a progressive, George Soros -financed prosecutor, and Mr. Anderson campaigned as a law-and-order candidate. Ms. Biberaj had stopped prosecuting some misdemeanors, and she pointed to the drop in violent crime during her watch as evidence of her success.

Persons: Biden, Hunter, James Biden, Sara, Hallie Biden, Mark Kelly Buta, Republican Bob Anderson, Biberaj, George Soros, Anderson Organizations: Reuters, Republican, Loudoun County’s Commonwealth

☆ Investing veterans break down their outlook for the year ahead as markets return to pre-2008 conditions
▼ + stars: | 2023-11-18 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Goldman Sachs said the S&P 500 can climb 8% in 2024 as pre-2008 conditions return. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The major indexes are up in 2023, with the S&P 500 notching a healthy gain of more than 17% year-to-date. Gene Goldman, chief investment officer at Cetera Investment Management, said he expects about a 10% gain for the S&P 500 in 2024. Meanwhile, Jeff Buchbinder, chief equity strategist for LPL Financial, expects "high single-digit returns" in 2024.

Persons: Goldman Sachs, —, David Russell, Russell, boomers, Millennials, Steve Wyett, Wyett, Mark Hackett, Hackett, Gene Goldman, Brian Price, Jeff Buchbinder, Goldman Organizations: Service, Federal, Fed, BOK Financial, Nationwide, Business, Cetera Investment Management, LPL Financial

☆ Thousands of Ukrainian children taken to Belarus -Yale research
▼ + stars: | 2023-11-16 | by ( Anthony Deutsch | ) www.reuters.com time to read: +4 min

More than 2,000 children Yale identified were transported to the Dubrava children's centre in Belarus' Minsk region between September 2022 and May 2023, it said, while 392 children were taken to 12 other facilities. "Russia's federal government and Belarus' regime have been working together to coordinate and fund the movement of children from Russia-occupied Ukraine through Russia to Belarus." Transports to Belarus through Russia were "ultimately coordinated" between Russian President Vladimir Putin and Belarus leader Alexander Lukashenko, it added. Lukashenko approved the use of state organizations to transport children from Ukraine to Belarus and finance their transportation, the Yale report said. Once in Belarus, children have been subjected to military training and re-education, it said.

Persons: Alexander Lukashenko, Pavel Bednyakov, Vladimir Putin, Russia's Putin, Maria Lvova, Lukashenko, David Ljunggren, Mike Collett, White, Alexandra Hudson, Rosalba O'Brien Organizations: Commonwealth of Independent States, CIS, Sputnik, Rights, Yale University, Humanitarian, Yale School of Public Health, State Department, Reuters, U.S . State Department, Ukraine, Yale, Transports, Criminal, Thomson Locations: Bishkek, Kyrgyzstan, Ukraine, Belarus, Russia, Russian, United States, Ukraine's Donetsk, Luhansk, Kherson, Minsk, The Hague

☆ Scottish runner gets 12 month ban for using vehicle in ultra-marathon
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +1 min

Nov 15 (Reuters) - Long distance runner Joasia Zakrzewski was banned for 12 months by a UK athletics disciplinary body on Wednesday for riding a car during a 50-mile race in April and accepting third place. The 47-year-old, who was stripped of her third place, claimed she had informed race officials about having been in a car and finished the race "in a non-competitive way". The Independent Disciplinary Panel of UK Athletics disagreed with her in their verdict. "She also did not seek to return the trophy in the week following the race." Reporting by Chiranjit Ojha in Bengaluru Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Joasia Zakrzewski, Zakrzewski, Chiranjit, Christian Radnedge Organizations: GB Ultras Manchester, Liverpool, Scotland, UK Athletics, Thomson Locations: Glasgow, Bengaluru

[1/2] Evgenia Kara-Murza, wife of jailed Russian opposition figure Vladimir Kara-Murza, addresses the Geneva Summit for Human Rights and Democracy in Geneva, Switzerland May 17, 2023. Kara-Murza, 42, has a condition called polyneuropathy that takes away the sensation in his limbs unless controlled by medicines and exercise. His wife Evgenia Kara-Murza said exercise was now impossible for him in a cell measuring just 3 x 1.5 metres (9.8 x 4.9 feet), furnished with only a bed and a backless stool, where he has been held since September in a maximum-security penal colony in the city of Omsk. The fact that they've isolated him to the maximum of course makes me very concerned for his life," Evgenia Kara-Murza said. "The politically motivated conviction of Vladimir Kara-Murza is deplorable.

Persons: Evgenia Kara, Murza, Vladimir Kara, Denis Balibouse, Kara, Alexei Navalny, Vladimir Putin, Vladimir, Mr Kara, wryly, Mark Trevelyan, Mark Heinrich, Gareth Jones Organizations: Geneva, Human Rights, Democracy, REUTERS, Britain's, Reuters, Russian, Britain's Foreign, Commonwealth, Development, Liberal International, Thomson Locations: Geneva, Switzerland, Moscow, Omsk, Ukraine, Russia, Britain

FALLS CHURCH, Va. (AP) — A high-profile Democratic prosecutor in northern Virginia who pursued progressive reforms and drew criticism from Republican Gov. Biberaj conceded a day after the Loudoun County Board of Elections finished counting all ballots. Late absentee and provisional ballots narrowed Biberaj's deficit from roughly 1,000 votes to just 300 votes out of more than 135,000 ballots cast. Anderson, who served as Loudoun's top prosecutor from 1996 through 2003, spent just $70,000 on his campaign, compared to more than $1.1 million spent by Biberaj, according to the Virginia Public Access Project. "I am honored to lead this office again as Commonwealth’s Attorney-Elect for Loudoun County and deliver on my promise of restoring transparency and protecting our community from violent crime,” he said in a written statement.

Persons: Glenn Youngkin, Republican Bob Anderson, Biberaj, George Soros, Smith, sheriff's, Youngkin, Anderson, ” Organizations: Democratic, Republican Gov, Republican, Loudoun, Virginia GOP, Washington , D.C, Biberaj Locations: Va, Virginia, Loudoun County, Leesburg, Washington ,

☆ Wife of Jailed Dissident Kara-Murza Fears for His Life in Siberian Penal Colony
▼ + stars: | 2023-11-15 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +3 min

By Mark TrevelyanLONDON (Reuters) - The wife of jailed Russian opposition politician Vladimir Kara-Murza, who suffers from a nerve disorder after surviving two poison attacks, said on Wednesday she feared for his life after his transfer from Moscow to a Siberian penal colony. Kara-Murza, 42, has a condition called polyneuropathy that takes away the sensation in his limbs unless controlled by medicines and exercise. The fact that they've isolated him to the maximum of course makes me very concerned for his life," Evgenia Kara-Murza said. And the lady I met for the first time yesterday, she has no idea who Vladimir is," she said. He added: "I have no doubt that in the end, our vision of Russia will prevail.

Persons: Mark Trevelyan, Vladimir Kara, Murza, Evgenia Kara, Kara, Alexei Navalny, Vladimir Putin, Vladimir, wryly, Mark Heinrich Organizations: Mark Trevelyan LONDON, Britain's, Reuters, Russian, Britain's Foreign, Commonwealth, Development, Liberal International Locations: Moscow, Omsk, Ukraine, Russia

☆ Yen's fall toward multi-decade lows keeps markets on intervention watch
▼ + stars: | 2023-11-14 | by ( Rae Wee | ) www.reuters.com time to read: +4 min

Against the dollar, the yen last stood at 151.72 , languishing near a one-year low of 151.92 hit on Monday. A break below last year's trough of 151.94 per dollar would mark a fresh 33-year low for the yen. "I'm inclined to also think that it wasn't a BOJ intervention... It intervened again in October 2022 after the yen plunged to a 32-year low of 151.94. The comments have kept the U.S. dollar bid and against the greenback, the New Zealand dollar fell to an over one-week low of $0.58705.

Persons: Thomas White, Carol Kong, Rodrigo Catril, Jerome Powell, NAB's, Rae Wee, Sam Holmes Organizations: REUTERS, Rights, Bank of Japan's, greenback, Commonwealth Bank of Australia, Bank of, National Australia Bank, NAB, Ministry of Finance, Federal, U.S, New Zealand, Sterling, Reserve Bank of Australia, Thomson Locations: Japan, Rights SINGAPORE, Asia, New York, Bank of Japan, U.S

☆ What Long-Term Care Looks Like Around the World
▼ + stars: | 2023-11-14 | by ( Jordan Rau | ) www.nytimes.com time to read: +4 min

Provinces and territories fund long-term care services through general tax revenue. Notably, Canada’s long-term care system is separate from its national health care system, which pays for hospitals and doctors with no out-of-pocket costs to patients. on long-term care, 80 percent more than the United States spent. Britain has also taken steps to shield people from losing all of their wealth to pay for long-term care. Singapore recently instituted a system of mandatory long-term care insurance for those born in 1980 or later.

Persons: D.P., 🇸 🇬, ove, —, Kath l Organizations: Uni, pla, Citi, emi Locations: D. data, nis

☆ Instant view: Cooler October US CPI raises confidence that Fed hikes done
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +8 min

Economists polled by Reuters had forecast the CPI gaining 0.1% on the month and increasing 3.3% on a year-on-year basis. The rally was due to rising investor belief that the Federal Reserve will now be less likely to hike interest rates at future meetings. LINDSAY ROSNER, HEAD OF MULTI-SECTOR FIXED INCOME INVESTING, GOLDMAN SACHS ASSET MANAGEMENT, NEW YORK“Today's Core CPI print was below expectations. "The Fed will not want to step back from its hawkish stance yet; the annual core rate at 4% is still some way away from target. THOMAS HAYES, CHAIRMAN AT HEDGE FUND GREAT HILL CAPITAL, NEW YORK"We're happy to see both headline and core CPI come in lower than expected.

Persons: Hannah Beier, ” BEN JEFFERY, GREG BASSUK, ” “, ” BRIAN JACOBSEN, MENOMONEE, we’ll, ” CHRIS ZACCARELLI, LINDSAY ROSNER, GOLDMAN, ” MATTHEW MISKIN, JOHN, “, ” STUART COLE, Kashkari, Powell, PETER ANDERSEN, ANDERSEN, it's, THOMAS HAYES, OLIVER PURSCHE, It’s, ” Organizations: Reading, REUTERS, Federal Reserve, Labor Department's Bureau of Labor Statistics, Reuters, Treasury, Markets, BMO, Reserve, CPI, ALLIANCE, Fed, Global Finance, Thomson Locations: Philadelphia , Pennsylvania, U.S, WALTHAM, MA, WISCONSIN, CHARLOTTE, GOLDMAN SACHS, JOHN HANCOCK, BOSTON, LONDON

☆ Australia's CBA Q1 profit flat as competition in home loan market intensifies
▼ + stars: | 2023-11-13 | by ( Himanshi Akhand | ) www.reuters.com time to read: +2 min

Even though rate hikes since last year have boosted interest incomes and margins at Australian banks, rising cost of repayments has intensified competition in the home loan market, capping profit margins and hindering credit growth. Australia's biggest lender said cash net profit after tax was A$2.50 billion ($1.59 billion) for the quarter ended Sept. 30, same as the year earlier. CBA dominates Australia's A$2 trillion mortgage industry, which benefited from a property boom through COVID-19 restrictions. That had prompted Australia's "Big Four" banks to start offering cash payments for mortgage refinancing to lure borrowers. CBA's rivals National Australia Bank (NAB.AX), Westpac (WBC.AX) and ANZ Group (ANZ.AX) all posted higher annual profit earlier this month despite inflationary headwinds.

Persons: Edgar Su, CBA's, Matt Comyn, Australia's, Himanshi, Shilpi Majumdar Organizations: Commonwealth Bank of Australia, REUTERS, Commonwealth Bank of Australia's, Citi, CBA, National Australia Bank, Westpac, ANZ Group, Thomson Locations: Sydney, Australia, Australia's, COVID, Bengaluru

CBA said cash profit was A$2.5 billion ($1.6 billion) for the quarter, which was 3% better than a consensus estimate for the period, according to data aggregator Visible Alpha. "Home lending margins stabilised in the quarter," it added, without giving figures. Shares of CBA rose as much as 1% in morning trading, in line with the broader market (.AXJO) as analysts welcomed the better-than-expected margin outcome and a smaller-than-expected provision for potential loan impairments. Commenting on the bank's stabilising home loan margins, E&P Financial analyst Azib Khan said that "it would be helping on this front that CBA has been willing to forgo market share". For the year to September, CBA said it grew its mortgage book at 0.7 times the rate of the overall mortgage industry.

Persons: Brendan Sproules, Azib Khan, Himanshi, Shilpi Majumdar Organizations: Commonwealth Bank of, ANZ, Westpac, National Australia Bank, CBA, Citi, P, Thomson Locations: Bengaluru

HENRICO, Va. (AP) — U.S. Rep. Abigail Spanberger announced Monday she will run for Virginia governor in 2025 instead of seeking reelection to the U.S. House next year. Spanberger, a three-term Democrat, made the announcement in a campaign video, highlighting the importance of lowering prescription drug prices, growing the middle class and easing inflation. Her decision not to seek reelection in the House could lead to a competitive Democratic primary in the 7th. Postal Service won her first congressional race in a district that had been held by Republicans for almost 50 years. Last month, former Virginia House Speaker Eileen Filler-Corn announced she would not run for governor in 2025 and will instead run next year to represent the competitive northern Virginia congressional seat being vacated by a fellow Democrat, U.S. Rep. Jennifer Wexton.

Persons: Abigail Spanberger, ” Spanberger, ”, Spanberger, they’re, That’s, Glenn Youngkin’s, Richmond Mayor Levar Stoney, Jason Miyares, Winsome Earle, Sen, Amanda Chase, Chase, she’s, Eileen, Jennifer Wexton Organizations: — U.S . Rep, Virginia, U.S . House, Congressional, Democratic, CIA, U.S . Postal Service, Republicans, Commonwealth, Republican Gov, Richmond Mayor, Democrat, Gov, Sears, U.S . Senate, U.S . Rep Locations: HENRICO, Va, Richmond, Virginia

☆ Why strikes are working and which industries could be next
▼ + stars: | 2023-11-11 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

We asked experts why recent strikes have had success and which industries could be next. AdvertisementAdvertisementIf worker movements pick up in the months and years ahead, it shouldn't be a big surprise. At the same time, an aging US population is expected to increase the demand for healthcare workers. And if the economy remains strong, he said "previously untouchable" corporations like Amazon and Starbucks could see more worker movements and unionization. But in the near term, some labor movements will likely persist even if conditions aren't perfect.

Persons: —, that's, Matthew Johnson, Victor Chen, Johnson, COVID, Caroline Lucas, Dave Young, VCU's Chen, Biden —, Eunice Han, Duke's Johnson, Jake Rosenfeld Organizations: UAW, UPS, Hollywood, Healthcare, Service, Permanente, Workforce, Teamsters, Duke University, Virginia Commonwealth University, Kaiser Permanente, National Council of State, of Nursing, Coalition, Kaiser Permanente Unions, United Food, Commercial Workers, University of Utah, Research, Washington University

RICHMOND, Va. (AP) — Virginia's state House will soon have its first Black speaker in its more than 400-year history after the chamber's incoming Democratic majority on Saturday chose Del. Scott was unanimously elected speaker-designee by the House Democratic Caucus, the group said in a news release. The full House of Delegates will vote to officially confirm him on the first day of the 2024 legislative session. “Virginia voters sent a resounding message on Tuesday that they wanted a Commonwealth that moved forward and that is exactly what I intend to do as your next Speaker,” Scott said in a statement. House Republicans were expected to vote Sunday.

Persons: Del, Don Scott, Scott, Virginia, ” Scott, Glenn Youngkin, Youngkin, Richmond —, “, We’re, ”, Youngkin's, Breit, designee, Eileen, Todd Gilbert, Charniele Herring, Alexandria, Kathy Tran, Tran, Terry Kilgore, Gilbert Organizations: —, Democratic, House Democratic Caucus, GOP, U.S . Navy, Portsmouth, Virginia Democrats, Navy, Republicans, Youngkin, Virginia voters, Virginia, Republican, ”, Democrats, American, Pacific, Senate Democratic Locations: RICHMOND, Va, Commonwealth, Tuesday's, Virginia, Texas, Fairfax County

☆ Britain's King Charles, PM Sunak to lead remembrance services after day of protests
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +2 min

Britain's King Charles shakes hands with Prime Minister Rishi Sunak at the Commonwealth Heads of Government Leaders Meeting at Marlborough House on May 05, 2023 in London, England. Chris Jackson/Pool via REUTERS/File Photo Acquire Licensing RightsLONDON, Nov 11 (Reuters) - King Charles and Prime Minister Rishi Sunak will lead remembrance services for Britain's war dead on Sunday, seeking to unify communities following a day of protests in London on Saturday, when police clashed with far-right groups. Prime Minister Rishi Sunak had said it was disrespectful to hold the rally on Armistice Day, and hundreds of counter-protesters from far-right groups showed up to oppose it, clashing with police, and resulting in over 90 arrests. Sunak condemned the scenes of violence in a statement on Saturday and said the event should be about unity. The government said veterans of Britain's nuclear testing programme would be awarded new medals to recognise their special service.

Persons: Britain's, Charles, Rishi Sunak, Chris Jackson, King Charles, Sunak, Sarah Young, Christina Fincher Organizations: Commonwealth, of Government, Marlborough House, Thomson Locations: London, England, Gaza, Israel

☆ Dollar headed for best week against yen in three months; cryptos leap
▼ + stars: | 2023-11-10 | by ( Rae Wee | ) www.reuters.com time to read: +4 min

Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. The dollar stood near a one-year high at 151.355 yen on Friday and touched one-week highs against the Australian and New Zealand dollars. The greenback, however, regained its footing this week and was eyeing a weekly gain of roughly 1.3% against the yen, its best performance since August. The Aussie and the kiwi were likewise headed for a 2.3% and 1.75% weekly decline against the dollar respectively, also their steepest drop in months. "Even though we don't expect Powell to deliver on the tightening bias, that tightening bias does support the dollar," said Kong.

Persons: Rick Wilking, Jerome Powell, Powell, Tina Teng, it's, Carol Kong, Carl Szantyr, Rae Wee, Lincoln, Kim Coghill Organizations: REUTERS, Rights, Federal, New, CMC Markets, Fed, Commonwealth Bank of Australia, Australian, New Zealand, U.S . Securities, Exchange Commission, Thomson Locations: Westminster , Colorado, Rights SINGAPORE, New Zealand, U.S, China

☆ Dollar eyes best week against yen in three months; cryptos leap
▼ + stars: | 2023-11-10 | by ( Rae Wee | ) www.reuters.com time to read: +4 min

Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. The dollar stood near a one-year high at 151.38 yen on Friday and touched one-week highs against the Australian and New Zealand dollars. The greenback, however, regained its footing this week and was eyeing a weekly gain of roughly 1.3% against the yen, its best performance since August. The Aussie and the kiwi were likewise headed for a 2.4% and 1.8% weekly decline against the dollar respectively, also their steepest drop in months. "Even though we don't expect Powell to deliver on the tightening bias, that tightening bias does support the dollar," said Kong.

Persons: Rick Wilking, Jerome Powell, Powell, Tina Teng, it's, Carol Kong, Carl Szantyr, Rae Wee, Lincoln Organizations: REUTERS, Rights, Federal, New, CMC Markets, Fed, Commonwealth Bank of Australia, Australian, New Zealand, U.S . Securities, Exchange Commission, Thomson Locations: Westminster , Colorado, Rights SINGAPORE, New Zealand, U.S, China

☆ Ahmed Sabra: British doctor flees Gaza but is sent back to war zone
▼ + stars: | 2023-11-10 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +3 min

London CNN —A British doctor who escaped Gaza with his family has been sent back to the war zone after Egyptian officials told him his name wasn’t on the list of evacuees, according to a British Member of Parliament. But Davies said while Sabra’s family was allowed through, he was not on the approved list of foreign nationals. “I’m calling for the British government to do their duty and evacuate myself and other British nationals to safety to go back home,” he added. He said Sabra told him he was in “daily contact” with the British Foreign Office and British embassy in Egypt before he was sent back to Gaza. The British Islamic Medical Association said in a statement on Thursday they “demand urgent evacuation of Dr Sabra and other British nationals trapped in Gaza.”More than 150 British nationals have left Gaza for Egypt via the Rafah crossing, according to British Foreign Office minister Andrew Mitchell.

Persons: London CNN —, Ahmed Sabra, Geraint Davies, Sabra, Davies, ” Sabra, “, ” Davies, ”, Dr Sabra, Andrew Mitchell Organizations: London CNN, Swansea West, National Health Service, CNN, UK, Commonwealth & Development, British Foreign Office, Foreign, Commonwealth & Development Office, British Nationals, British Embassy, Islamic Medical Association, British Foreign Locations: Gaza, Israel, Wales, Rafah, Egypt, British, ”

☆ As the West courts Russia's neighbors, Putin shows he won't give up its backyard without a fight
▼ + stars: | 2023-11-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Russian President Vladimir Putin at the Eurasian Economic Summit on Nov. 9, 2022, in Bishkek, Kyrgyzstan. Russian President Vladimir Putin and Kazakh President Kassym-Jomart Tokayev at a joint news conference at the Kremlin in Moscow, on Feb. 10, 2022. "Central Asia obviously has to keep a fine balance and tread that line," Hess said. Analysts note that while an economically isolated Russia wants and needs to keep Central Asia on side, it is gradually losing its grip on the region. Russian President Vladimir Putin, Kazakh President Kassym-Jomart Tokayev and Uzbek President Shavkat Mirziyoyev arrive for a working breakfast of the leaders of the Commonwealth of Independent States in Moscow, Russia, on May 9, 2023.

Persons: Vladimir Putin, Keen, Emmanuel Macron, Putin, Ilham Aliyev, Serdar Berdimuhamedow, Emomali Rahmon, Alexander Lukashenko, Sergei Lavrov, —, it's, Max Hess, Hess, Kassym, Mikhail Klimentyev, Xi Jinping, Florence Lo, they've, Temur Umarov, Tokayev, Shavkat Mirziyoyev, Vladimir Smirnov Organizations: Economic, Getty, Russia, Commonwealth of Independent States, Russian, Central Asia —, Central Asian, Kazakh, CIS, West, Georgia, Foreign Policy Research Institute, CNBC, Kremlin, Reuters Central, Central, Central Asia Summit, Afp, Shanghai Cooperation Organization, Carnegie Russia Eurasia Center, Commonwealth of Independent, Sputnik Locations: Bishkek, Kyrgyzstan, Central Asia, Moscow, Russian, Kazakhstan, Uzbekistan, Kazakh, Russia, Tajikistan, Turkmenistan, China, Soviet, Armenia, Azerbaijan, Belarus, Baltic States, Soviet Union, Moldova, Ukraine, U.S, Afghanistan, Asia, Xian, Shaanxi

☆ Aussie 'big four' banks hike home loan rates after RBA decision
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

People use Commonwealth Bank of Australia (CBA) bank ATMs in Sydney, Australia May 3, 2018. The National Australia Bank (NAB.AX), ANZ Group Holdings (ANZ.AX) and Westpac Banking Corp (WBC.AX), the other three of Australia's "big four", had hiked their home loan rates on Wednesday by 0.25%. The rate hike by the National Australia Bank (NAB.AX) and ANZ Group Holdings (ANZ.AX) would be effective from Nov. 17, while Westpac Banking Corp (WBC.AX) would raise rates from Nov. 21, the lenders said in separate statements on Wednesday. CBA said its home loan variable rate change would be effective from Nov. 17. Reporting by Rishav Chatterjee and Upasana Singh in Bengaluru; Editing by Savio D'Souza and Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

Persons: Edgar Su, Rishav Chatterjee, Upasana Singh, Savio D'Souza, Rashmi Organizations: Commonwealth Bank of Australia, REUTERS, Thursday, National Australia Bank, ANZ Group Holdings, Westpac Banking Corp, Reserve Bank of Australia, Wednesday, CBA, Thomson Locations: Sydney, Australia, Bengaluru

Democrats won full control of the General Assembly despite losing in key swing districts. In this year’s election, Republican candidates prevailed in three of the four Biden-Youngkin state Senate districts and in at least seven of 11 Biden-Youngkin state House districts. There were 20 Senate districts and 48 House districts carried by both Biden in 2020 and McAuliffe in 2021. Democrats won all of them Tuesday, averaging 67% of the vote in Senate districts and 76% in House districts. In comparison, there were 16 Senate districts and 41 House districts carried by both Trump and Youngkin.

Persons: Republican Glenn Youngkin’s, Terry McAuliffe, Joe Biden, Donald Trump, Biden, Youngkin, Donald Trump's, McAuliffe, –, Siobhan Dunnavant, Monty Mason, Matt Fariss, Karen Greenhalgh, Del, Kim Taylor Organizations: WASHINGTON, Democrats, Republicans, Republican, Biden, Associated Press, Hampton Roads, Youngkin, Trump, Democratic, House, AP Locations: Virginia, Youngkin, Petersburg, Richmond, Fredericksburg, Hampton, District, Williamsburg

☆ 5 takeaways from new polls that reveal Biden’s challenges and Trump’s potential victory path
▼ + stars: | 2023-11-08 | by ( Stephen Collinson | ) edition.cnn.com time to read: +14 min

The CNN poll finds that 25% of voters believe Biden has the stamina and sharpness to serve effectively, while 53% say Trump does. The CNN poll encapsulates this potential dilemma for voters. And given his national approval rating in the CNN poll of only 39%, any economic downturn next year would be disastrous for him. Voters see Trump as a stronger leader, suggesting that bluster and threats are more convincing than Biden’s nuanced approach. Latino voters favor Biden over Trump by only four points compared to 33 points in the 2020 election.

Persons: Joe Biden, Biden, Donald Trump, Trump’s, Andy Beshear, Glenn Youngkin, let’s, ” Biden, Trump, demonization ”, ”, hasn’t, he’s, MAGA, there’s, trimmer, Will, abate, Tim Ryan, CNN’s Wolf Blitzer, it’s, “, …, Bacon, –, doesn’t, Bill Clinton, Barack Obama’s, Jimmy Carter, Obama, Clinton Organizations: CNN, Democrats Tuesday, Biden, GOP, Democratic, New York Times, Siena College, Trump, Democratic Gov, GOP Gov, Republican, “, Former Democratic, Hamas, Voters, Black Locations: Ohio, Kentucky, Virginia, America, New York, Ukraine, Israel, Nevada, Georgia, Arizona, Michigan, American, Gaza

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