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☆ Cuba hosts first U.S. business conference in years, seeks investment
▼ + stars: | 2022-10-26 | by ( Marc Frank | ) www.reuters.com time to read: +3 min

[1/3] Cuba's Deputy Minister of Foreign Affairs Carlos Fernandez de Cossio listens to Phil Peters, founder of FocusCuba, during a conference in Havana, Cuba, October 26, 2022. "Almost everything we do is with the new booming private sector," said Cuban-American Hugo , whose Miami-based Fuego Enterprises Inc (FUGI.PK) operates an online food market that processes 4,000 orders in Cuba per day. "It is important American businesses see this for themselves," said Cancio, who was attending the conference. The Biden administration has loosened some restrictions on Cuba around remittances, tourism and migration. It has also expressed interest in supporting Cuba's private sector.

☆ Rory McIlroy fulfills promised return to world No.1 position after CJ Cup title defense
▼ + stars: | 2022-10-24 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

CNN —When Rory McIlroy won the 2021 CJ Cup, he insisted he was still capable of being the world’s best golfer. It marks the ninth occasion the 33-year-old McIlroy has held top spot in his career, with only Tiger Woods and Greg Norman – both 11-time No. Then ranked 8th in the world, McIlroy had given a tearful interview following Europe’s historic 19-9 loss at Whistling Straits, arguing he “should have done more”. If victory in his first subsequent outing had been his way of exorcising any Ryder Cup demons, the Northern Irishman has just gone from strength to strength this year. “I had a really rough Ryder Cup … I was outside the top-10 in the world, it’s not a position that I’m used to being in.

☆ The Trump and COVID eras tanked immigration to the US. Reversing that could help ease a recession risk, sky-high inflation, and a labor crisis.
▼ + stars: | 2022-10-18 | by ( Ben Winck | Jason Lalljee | ) www.businessinsider.com time to read: +7 min

More than a third of Americans want less immigration, but more could actually help cool inflation. Letting more people move to and work in the US could close that gap and ease inflation without a severe recession. While many Americans view immigration as a threat to the country's financial well-being, data continually suggests that the opposite is true. There remain some 10.1 million job openings but only about 5.8 million workers available to fill them. Increased immigration, then, provides a rare chance to rebalance the labor market and drag inflation lower without driving millions of Americans out of work.

☆ Global wildlife populations have sunk 69% since 1970 - WWF report
▼ + stars: | 2022-10-12 | by ( Gloria Dickie | ) www.reuters.com time to read: +3 min

The World Wildlife Fund (WWF) report, which used 2018 data from ZSL on the status of 32,000 wildlife populations covering more than 5,000 species, found that population sizes had declined by 69% on average. One population of pink river dolphins in the Brazilian Amazon plummeted by 65% between 1994 and 2016, the report said. Its findings were broadly similar to those in WWF's last assessment in 2020, with wildlife population sizes continuing to decline at a rate of about 2.5% per year, Terry said. "Nature was in dire straits and it is still in dire straits," said Mark Wright, director of science at WWF-UK. Still, the wide-ranging declines have prompted desperate pleas for increased support for nature.

But when the pandemic hit I put off my trip, and my travel fund sat in a high-yield savings account. It was earning the highest interest rate of any savings account I could find at the time — a whopping 1.05%. Why not put my Italy fund in a brokerage account and get the double-digit returns I can in the stock market instead of 1% in a 'high-yield' savings account? I knew better than to put my vacation money — money I knew I'd be spending in the next two or three years, max — into growth stocks that are designed to be held for at least five years. Despite the small returns, I'll definitely be using a high-yield savings account for all future Italy savings.

☆ John Bolton says the US needs to make it clear that Putin is 'signing a suicide note' if he uses nuclear weapons
▼ + stars: | 2022-10-12 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Bolton said the US needs to make it clear that Putin will be eliminated if he uses nuclear weapons. Putin is "signing a suicide note" if he orders the use of nukes, Bolton said. When Marr asked Bolton to weigh in on what the US, NATO, and the West should do if Putin were to use nuclear weapons, Bolton said the focus should be on deterring Putin from using nuclear weapons, rather than on what to do in retaliation. "We need to make clear if Putin were to order the use of a tactical nuclear weapon, he would be signing a suicide note," Bolton said. Military experts speculate that Putin may use nuclear weapons, interpreting these annexations as a sign that Putin is committing to an eventual escalation.

☆ Cryptoverse: Hack jitters push bitcoin investors back to the future
▼ + stars: | 2022-10-11 | by ( Hannah Lang | ) www.reuters.com time to read: +4 min

The global hardware wallet market, valued at $245 million in 2021, is expected to swell to over $1.7 billion by 2030, according to market research firm Straits Research. Reuters GraphicsBLOWING HOT AND COLDAlthough hot wallets are usually free and offer quick access to crypto, they can be vulnerable to hacks. In August, nearly 8,000 crypto wallets on the Solana blockchain were hit by hackers who made off with more than $5 million in crypto. loading"Users are strongly encouraged to use hardware wallets," Solana said at the time. France's Ledger, another hardware wallet maker, said it saw a spike in sales after the Solana wallets heist.

☆ An airline has scrapped a controversial policy that forced flight attendants to quit if they became pregnant
▼ + stars: | 2022-10-11 | by ( Stephen Jones | ) www.businessinsider.com time to read: +2 min

Singapore Airlines has ended a controversial policy that forced pregnant flight attendants to leave. Previously, pregnant cabin crew were put on no-pay leave but can now apply for a ground role. The airline changed the rules in July, according to a memo seen by The Straits Times. Under the policy, when a flight attendant informed the airline she was pregnant, she'd be placed on leave without pay. Over recent years, some airlines have come under pressure for the strict rules they have put in place for female flight attendants.

The people of Iran are in open revolt, this time led by courageous young women protesting the murder of Mahsa Amini, a young Kurdish woman who died in the custody of the morality police, and the law requiring they wear hijab. Most significantly, this current uprising over the murder of a Kurdish 22-year-old is being led by the young women of the TikTok generation. Pro-regime chants of “death to America” and “death to Israel” have been a staple of the rhetorical diet fed to the public. To that end, pro-Palestinian sympathy was ingrained in Iran’s propaganda via school textbooks, television programs, sports, cartoons, billboards and more. In 1979, the people of Iran yearned for a democratic revolution; instead, they got an Islamic dictatorship.

☆ Credit Suisse to buy back $3 billion in debt, sell landmark hotel as credit fears persist
▼ + stars: | 2022-10-07 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

Signage hangs over the entrance of a Credit Suisse Group AG branch in Zurich, Switzerland, on Sunday, Sept. 25, 2022. Troubled bank Credit Suisse offered to buy back up to 3 billion Swiss francs ($3.03 billion) of debt securities Friday, as it navigates a plunging share price and a rise in bets against its debt. The offers on the debt securities will expire by Nov. 3 and Nov. 10, respectively. Credit Suisse shares were trading more than 7% higher following the news Friday, however they remain down around 50% year to date. Credit Suisse is the only major bank for which the curve has recently flattened," MSCI Research Executive Directors Gergely Szalka and Thomas Verbraken noted.

☆ New money is pouring into Singapore, but a series of recent multimillion-dollar real-estate transactions show the old status symbols are as popular as ever
▼ + stars: | 2022-10-07 | by ( Nidhi Pandurangi | ) www.businessinsider.com time to read: +4 min

Good Class Bungalows, or GCBs, are powerful status symbols for old and new money alike in Singapore. With land this scarce, the most elite level of property on the island is the Good Class Bungalow, or GCB. New money, old status symbolWith new money pouring into Singapore, a series of recent multimillion-dollar real-estate transactions show these old status symbols are as popular as ever. And in 2019, British billionaire inventor James Dyson purchased an SG$50 million bungalow opposite Singapore's Botanic Gardens, per the Straits Times. Moreover, some prospective Good Class Bungalow renters are not even living in these properties.

☆ Gen Z's 6-figure side hustles should scare companies more than quiet quitting, says Gary Vaynerchuk: 'There's so many goddamn options for these kids to make money on the internet'
▼ + stars: | 2022-09-28 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +5 min

Gary Vaynerchuk said on TikTok that companies need to court Gen Z with better pay and career growth potential. He said Gen Z has more avenues than ever to make money on side hustles. That dynamic is more dangerous for companies than the "quiet quitting" trend, Vaynerchuk said. He said as much in a recent TikTok video, when asked about the "quiet quitting" trend. "We shit on Gen Z for being entitled and lazy, and what they're being is thoughtfully understanding of their options."

☆ Shopee, the Amazon of Southeast Asia, has been on a layoff spree within a year of raising $6 billion. We dug into the financials for an inside look.
▼ + stars: | 2022-09-26 | by ( Nidhi Pandurangi | ) www.businessinsider.com time to read: +8 min

Today, Li is the billionaire CEO of NYSE-listed Sea Limited, which owns 100% of Shopee as well a gaming unit called Garena. Amid these growing losses, Sea Limited revised and then dropped its ecommerce revenue guidance for the year. In the fourth quarter of 2021, Shopee expected ecommerce revenue in 2022 to fall between $8.9 billion and $9.1 billion. Sea Limited posted revenues of $414 million in 2017, which ballooned to almost $10 billion in 2021. However, Sea Limited has been posting losses for the past few quarters, so that option is not viable in the short-term.

☆ Factbox: A history of UK currency crises and crashes
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +5 min

The currency fell as low $1.0327 at one point. read more It has fallen almost 8% since Thursday and 21% since the start of the year, a pace drawing comparisons with the currency crises that have marked Britain’s post-war history. Britain also used some creative accounting to hide the extent of its foreign exchange reserves losses, such as in a 12.5 billion pound "secret negative forward book". Against a soaring U.S. currency swelled by global trade imbalances, parity with the dollar - once unthinkable - became a real possibility. A briefing to the media in January 1985 from Prime Minister Margaret Thatcher’s press secretary, intended to reassure financial markets, backfired badly.

☆ Germany nationalises gas importer Uniper
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +2 min

The Uniper logo is seen at the utility's firm headquarters in Duesseldorf, Germany, July 8, 2022. REUTERS/Wolfgang Rattay/File PhotoRegister now for FREE unlimited access to Reuters.com RegisterCompanies Fortum Oyj FollowUniper SE FollowBERLIN/HELSINKI, Sept 21 (Reuters) - Germany has agreed to nationalise Uniper (UN01.DE) by buying Fortum's (FORTUM.HE) stake in the gas importer to secure operations and keep its business going, the three parties involved said on Wednesday. Register now for FREE unlimited access to Reuters.com RegisterThe package "creates a clear ownership structure in order to secure Uniper, and thus the energy supply for companies, municipal utilities and consumers," it said. Russia cutting back natural gas supplies and last month closing the Nord Stream 1 gas pipe have led Uniper, Germany's largest gas importer, to financial dire straits, triggering a rescue package with Berlin which was agreed in July. ($1 = 1.0075 euros)Register now for FREE unlimited access to Reuters.com RegisterReporting by Essi Lehto, Anne Kauranen, Kirsti Knolle editing by Stine Jacobsen, Paul CarrelOur Standards: The Thomson Reuters Trust Principles.

☆ Shopee, southeast Asia's answer to Amazon, is closing shop in 4 countries and laying off staff days after its billionaire founder said he'd forgo a salary
▼ + stars: | 2022-09-19 | by ( Nidhi Pandurangi | ) www.businessinsider.com time to read: +4 min

Ecommerce platform Shopee is laying off HR, regional ops, marketing, engineering staff. Shopee was launched in seven Southeast Asia markets in 2015 and now operates in 13 countries. Shopee reported a loss of $931.2 million in the second quarter of 2022, widening significantly compared to 2021. Shopee reported a loss of $931.2 million in the second quarter of 2022, widening significantly from a net loss of $433.7 million in the second quarter of 2021, according to Sea Limited's financial statements. However, in Brazil, Shopee's revenues rose by 270% year-on-year in the second quarter of 2022, the quarterly statements show.

☆ F1 is the biggest party weekend of the year in Singapore, but it'll easily set you back thousands of dollars. We broke down the prices.
▼ + stars: | 2022-09-19 | by ( Amanda Goh | ) www.businessinsider.com time to read: +6 min

The 2022 F1 Singapore Grand Prix is taking place from September 30 to October 2. Around 268,000 fans attended the 2019 F1 Singapore Grand Prix — the second-highest on record since the 2008 inaugural race, race organizer Singapore GP told local news outlet The Straits Times. Here's how much it'll cost you to party big during F1 weekend in Singapore. The Marina Bay skyline as viewed from Marina Bay Sands. 4FR/Getty ImagesLAVO, an Italian restaurant also on the MBS rooftop, is holding a Race Weekend Party Brunch.

☆ Систему тестирования на коронавирус через дыхание начнут использовать в Сингапуре
▼ + stars: | 2021-04-20 | by ( ) nokta.md time to read: +1 min

Власти Сингапура планируют разместить новые аппараты для проведения дыхательных тестов на коронавирус в аэропорту, а также использовать их во время крупных мероприятий. При этом стоимость каждого исследования составляет примерно $20, что дешевле существующих аналогов, и результат можно получить в течение двух минут. Как ожидается, в июне приборы будут запущены в массовое производство, на первом этапе в месяц будут выпускать около 200 тыс. С конца прошлого года власти Сингапура постепенно начали снимать ограничения на проведение крупных мероприятий, в том числе конференций, выставок, семинаров. При этом одним из главных условий участия стало проведение тестов на коронавирус непосредственно перед началом мероприятий.

Persons: nokta, Белт Organizations: The Straits Times, Белта Locations: Сингапур, Чанги

I have several rental properties, and in my first year as a landlord, I learned a few lessons that could have saved me money if I'd known. Also, it's important to have good contractors lined up for when you need them, and to keep good tenants. With the purchase of your first rental property, you're not just a homeowner, you're an entrepreneur. Houses — and tenants — require tending; there's no such thing as a rental property that runs itself. Here are six things I learned when I first became a landlord.

Before becoming a landlord, I spent a lot of time thinking about money, but realized that I had to be emotionally ready, too. Keeping certain boundaries in place and being prepared to handle inconvenience helped me handle the first year of having tenants. Here's how I knew I was ready to handle the emotional and relational aspects of becoming a landlord. But being a landlord means inviting some sort of conflict and tension into your life, even with the best tenants. I knew I had to be ready to handle tension, and the awkwardness that it might bring up.

☆ „Criminalul de pe Twitter” a fost condamnat la moarte; Este acuzat că a ucis nouă persoane
▼ + stars: | 2020-12-15 | by ( ) www.jurnal.md time to read: +1 min

Tânărul de 30 de ani a recunoscut că și-a ucis și dezmembrat victimele - aproape toate femei tinere pe care le-a abordat pe rețeaua socială. Peste 400 de persoane s-au prezentat marți pentru a urmări verdictul, în ciuda faptului că instanța are doar 16 locuri disponibile pentru public, a relatat presa locală. Totuși, Shiraishi a contestat versiunea propriei sale echipe de apărare și a spus că și-a ucis victimele fără consimțământul lor. Marți, judecătorul care a pronunțat verdictul a spus că „niciuna dintre victime nu a fost de acord să fie ucisă”. „Inculpatul a fost găsit pe deplin responsabil”, a spus judecătorul Naokuni Yano, a citat de ziarul The Straits Times.

Persons: Shiraishi, El Organizations: Times Locations: Japonia

Takahiro Shiraishi, supranumit „criminalul de pe Twitter”, a fost arestat în 2017 după ce în apartamentul său au fost găsite bucăți de cadavre. Tânărul de 30 de ani a recunoscut că și-a ucis și dezmembrat victimele - aproape toate femei tinere pe care le-a abordat pe rețeaua socială. Totuși, Shiraishi a contestat versiunea propriei sale echipe de apărare și a spus că și-a ucis victimele fără consimțământul lor. Marți, judecătorul care a pronunțat verdictul a spus că „niciuna dintre victime nu a fost de acord să fie ucisă”. „Inculpatul a fost găsit pe deplin responsabil”, a spus judecătorul Naokuni Yano, a citat de ziarul The Straits Times.

Persons: Takahiro Shiraishi, Shiraishi, El Organizations: Times Locations: Japonia

☆ В Сингапуре родился мальчик с антителами к коронавирусу
▼ + stars: | 2020-12-01 | by ( Mld Media Srl | ) noi.md time to read: +2 min

Ребенок появился на свет здоровым, однако как долго у него будут сохраняться антитела и защищен ли он от заражения коронавирусом в будущем, пока не ясно, сообщает eNews. Селин Нг-Чан, 31-летняя жительница Сингапура, родила ребенка, у которого выявили антитела к коронавирусу SARS-CoV-2, сообщило издание The Straits Times. Насколько долго у него будут сохраняться антитела к SARS-CoV-2 и обеспечивают ли они ему должный уровень защиты от инфекции, неясно: предположительно, с течением времени титр этих белков будет снижаться. Как отмечают специалисты из Королевского колледжа акушеров и гинекологов Великобритании, передача COVID-19 от будущей матери к плоду во время беременности или родов — скорее редкость. Судя по всему, иммунная система ребенка позволяет эффективно препятствовать репликации патогена внутри клеток организма, несмотря на его воздействие.

Persons: Селин НгЧан, НгЧан, Олдрин Organizations: The Straits Times, Национальная университетская больница (), Королевский колледж акушеров и гинекологов Locations: Сингапур, Европа, Великобритания

☆ O femeie infectată cu coronavirus a născut un bebeluș cu anticorpi COVID
▼ + stars: | 2020-11-30 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

O femeie din Singapore care a fost infectată cu coronavirus în martie, când era însărcinată, a născut luna aceasta un copil care avea deja anticorpi împotriva COVID, scrie agenția Reuters, care citează publicația locală Straits Times. Mama ei a fost la un pas de moarte, dar în cazul lui Celine, boala s-a manifestat destul de discret. Ea a avut simptome ușoare și a fost externată din spital după două săptămâni și jumătate. Organizația Mondială a Sănătății a precizat că nu se poate stabili cu siguranță dacă o femeie însărcinată și infectată poate transmite virusul fetusului sau copilului, în timpul sarcinii sau al nașterii. Până acum scrie Reuters, specialiștii nu au găsit virusul activ în lichidul amniotic sau în laptele matern.

Persons: Reuters, Straits Times . Celine, Chan, Celine, Copilul Organizations: Straits Times, National University Hospital, Organizația Mondială a Sănătății Locations: Singapore, Europa

Bebelușul s-a născut în noiembrie și a fost testat negativ la Covid-19, însă prezenta anticorpi împotriva virusului, informează Reuters, citând publicația Straits Times, care a vorbit cu tânăra mamă, Celine Ng-Chan, 31 de ani. „Medicul meu bănuiește că i-am transmis anticorpi fătului în timpul sarcinii”, a declarat Celine Ng-Chan pentru Straits Times. Ea a suferit o formă ușoară a bolii și a părăsit spitalul după două săptămâni și jumătate. Organizația Mondială a Sănătății afirmă că nu se știe încă dacă o femeie însărcinată, bolnavă de Covid-19, poate transmite virusul către făt sau în timpul nașterii. Până acum, virusul nu a fost detectat în fluidul în care stă fătul în burta mamei sau în laptele de la sân.

Persons: Reuters, Celine, Chan, Times . Ea Organizations: Straits Times, Times, Organizația Mondială a Sănătății, Medical, Columbia University Irving Locations: China, Medical New York

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