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Greenhouse gas emissions from burning fossil fuels are the biggest cause of climate change. "We have a world which has more fossil fuels than ever," said Ani Dasgupta, president of the World Resources Institute, a climate NGO. U.S. officials and others are hopeful a recent climate deal between the U.S. and China may also set a positive tone for the talks. Another test is whether wealthy nations announce money for the fund at COP28 - to the tune of hundreds of millions of dollars. "Speaking from previous experience, unfortunately most of the global agreements, most of the global climate related pledges went uncompleted," said Najib Ahmed, National Consultant at Somalia's Climate Ministry.

Persons: Sultan al, Jaber, ADNOC, Ani Dasgupta, Narendra Modi, Britain's King Charles, Joe Biden, Gayane, Najib Ahmed, Valerie Volcovici, Josie Kao Organizations: OPEC, United Nations, International Energy Agency, BBC, World Resources Institute, Indian, European Union, Reuters, U.S, FINANCE, EU, Climate Ministry, “, Thomson Locations: Paris, France, WASHINGTON, BRUSSELS, Dubai, UAE, U.S, China, India

The dollar index , which measures its value against six major currencies, fell as far as 102.89, the lowest since Aug. 31. The index is on track for a loss of more than 3% in November, its worst performance since November 2022. The Conference Board said its consumer confidence index increased to 102.0 this month from a downwardly revised 99.1 in October. In other currencies, the euro rose to a 3-1/2-month peak of $1.0985 . The dollar fell 0.2% to 148.33 yen , with the Japanese currency continuing its recovery from the brink of 152 per dollar earlier in the month.

Persons: Dado Ruvic, Sterling, Karl Schamotta, underscoring, Gertrude Chavez, Dreyfuss, Alun John, Brigid Riley, Ed Osmond, Mark Potter, Kevin Liffey Organizations: REUTERS, U.S, Federal Reserve, Board, Federal Housing Finance Agency, Traders, Australian, New Zealand, Reserve Bank of New, Thomson Locations: Swiss, U.S, Toronto, OPEC, Reserve Bank of New Zealand, New York, London, Tokyo

☆ US annual home price growth at 6.1% in September, FHFA says
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Sarah Silbiger/File Photo Acquire Licensing RightsNov 28 (Reuters) - U.S. annual home price growth accelerated again in September, underscoring the rebound of the housing market as it entered the final quarter of the year, data showed on Tuesday. Home prices rose 6.1% on a year-over-year basis in September, up from an upwardly revised 5.8% increase in the prior month, the Federal Housing Finance Agency (FHFA) said. On a quarterly basis, annual house prices increased 5.5% between the third quarter of last year and the comparative period this year. The report also showed prices rose moderately on a month-over-month basis, in line with recent trends. Annual house prices rose the most in the New England and Middle Atlantic regions in August, with gains of 11.4% and 8.3%, respectively, the FHFA data showed.

Persons: Sarah Silbiger, Lindsay Dunsmuir, Paul Simao Organizations: REUTERS, Federal Housing Finance Agency, Federal Reserve, Chicago, Thomson Locations: Washington , U.S, New England, Atlantic, Detroit

☆ There will be no pause in Biden’s headache over the Israel-Hamas war
▼ + stars: | 2023-11-28 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —A 48-hour extension to the Israel-Hamas truce will not pause the strategic dilemmas and political headaches wracking the Biden administration over the war. That could cause more civilian casualties, like earlier in the war, which included bombing of civilian areas and sieges over Gaza hospitals. The dangers for US personnel were underscored when American officials said Sunday that two ballistic missiles were fired from Houthi rebel-controlled Yemen toward a US warship in the Gulf of Aden. The missing AmericansUS officials watched Hamas’ release of another 11 hostages on Monday – the final day of the original truce deal – especially carefully. The likelihood therefore is that he’ll face a similar or even more intense political headache when the war begins again.

Persons: wracking, Biden, Abigail Edan, “, John Kirby, CNN’s Wolf Blitzer, ” Yehuda Beinin –, Liat Beinin, –, Aviv Atzili, ”, CNN’s Erin Burnett, Washington, ” Kirby, Rachel Goldberg’s, Hersh, Jake Tapper, ” Goldberg, we’re, Benjamin Netanyahu, GOP Sen, Tom Cotton, Antony Blinken, Netanyahu, Israel’s, Mason, Mark Esper, Trump, ” Esper Organizations: CNN, Hamas, Democratic Party, Israel, Sunday, National Security, America, Islamic, Nova Music, GOP, Fox, West Bank, Muslim American, Washington Post, Pentagon Locations: Israel, Gaza, Ukraine, Yemen, Gulf, Aden, Washington, Arkansas, Dubai, Iran, Iraq, Syria

Scientists have said carbon removal is needed to keep climate goals alive. Otherwise, the enormous price tag for world-scale carbon removal would need to fall to governments if there is any chance of these projects surviving. A major concern is that DAC technology is both expensive and unproven at scale. More mature carbon capture and storage (CCS) technology, which traps emissions at a point source like a smokestack, also requires a rapid scale up to make a difference. Their money will be made instead by marketing carbon removal credits to corporations not involved in fossil fuels that wish to offset unavoidable emissions, or to governments seeking to stay on track with climate targets.

Persons: Climeworks, ”, Vikrum Aiyer, Sultan al, Jaber, Vicki Hollub, Mike Avery, Christoph Gebald, Richard Valdmanis, Marguerita Choy Organizations: Reuters, REUTERS, Occidental Petroleum, BlackRock, U.S ., Occidental, 28th United, OPEC, United Arab, International Energy Agency, IEA, Global CCS Institute, Stratos, DAC, Department of Energy, Thomson Locations: Tracy , California, Texas, In Louisiana, 28th United Nations, Dubai, United Arab Emirates, Louisiana, Iceland, California, U.S, UAE, Occidental

☆ EV battery startup ONE cuts workforce by 25%
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

The logo for Our Next Energy (ONE) is seen outside the company's headquarters in Novi, Michigan, U.S., April 25, 2022. Photo taken April 25, 2022. REUTERS/ Rebecca Cook/File Photo Acquire Licensing RightsNov 27 (Reuters) - Our Next Energy (ONE) said on Monday it has cut around 25% of its workforce, or 128 employees, as the electric-vehicle battery startup deals with high borrowing costs and an uncertain economy. Tesla (TSLA.O) supplier Panasonic Holdings (6752.T) said last month that it had cut automotive battery production in Japan in the September quarter, underscoring a global slowdown in EV sales due to high interest rates. Reporting by Zaheer Kachwala in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

Persons: Rebecca Cook, Mujeeb Ijaz, Zaheer Kachwala, Maju Samuel Organizations: Next Energy, REUTERS, Energy, Apple, Panasonic Holdings, Thomson Locations: Novi , Michigan, U.S, Michigan, American, Japan, Bengaluru

☆ Japan's corporate service inflation climbs in sign of broadening price pressures
▼ + stars: | 2023-11-27 | by ( Leika Kihara | ) www.reuters.com time to read: +2 min

TOKYO, Nov 27 (Reuters) - Japan's business-to-business service inflation accelerated in October as a tight job market lifted labour costs, underscoring a broadening of price pressures that could heighten the chance of a near-term end to ultra-loose monetary policy. The services producer price index, which measures the price companies charge each other for services, rose 2.3% in October from a year earlier, up from a revised 2.0% gain in September, Bank of Japan (BOJ) data showed on Monday. Information and communication, machinery repair and worker dispatching businesses saw fees increase from year-earlier levels due to higher labour costs. The data suggest Japan's economy is making progress towards achieving sustained rises in inflation accompanied by solid wage growth. His remarks have heightened market attention to developments in services prices, which most vividly reflect wages pressures companies face in their businesses.

Persons: Kazuo Ueda, Leika Kihara, Lisa Shumaker, Edwina Gibbs Organizations: Bank of Japan, Reuters, Thomson Locations: TOKYO

☆ Netanyahu's two-front war against Hamas and for his own political survival
▼ + stars: | 2023-11-27 | by ( Howard Goller | ) www.reuters.com time to read: +7 min

On camera Gantz, a former army chief and opposition leader who joined Netanyahu's war cabinet last month, pointedly asked a TV crew to leave him alone with the families. Facing a huge wave of criticism over his failure to prevent the shock Hamas infiltration of Israel on Oct. 7, Netanyahu has largely avoided the limelight while conducting a two-front war, one against Hamas and the other for his own political survival. Israelis have shunned some of Netanyahu's fellow cabinet ministers, blaming them for failing to prevent the Palestinian Hamas gunmen from entering from Gaza, killing 1,200 people, abducting 240 more and engulfing the country in war. Some 14,800 Palestinians have been killed in the war, Gaza health authorities say, and hundreds of thousands displaced. Israel's longest-serving prime minister, Netanyahu has survived many a political crisis, staged several comebacks, and need not face another election for three years if his coalition remains in tact.

Persons: Benjamin Netanyahu, Yoav Gallant, Benny Gantz, Gantz, Netanyahu, Bibi, Anshel Pfeffer, Pfeffer, Israel, NETANYAHU, Abraham Diskin, Diskin, GANTZ, Gallant, pollster Mano Geva, Yair Lapid, Netanyahu's, Lapid, Howard Goller, Diane Craft Organizations: Rights, Hamas, Defence Ministry, Jerusalem's Hebrew University, Likud, Gantz's National Unity Party, Israel's, Qatar, Twitter, Thomson Locations: Tel Aviv, Israel, ABIR, Iran, Gaza, GAZA, Likud

☆ TikTok owner ByteDance axes hundreds of jobs in gaming unit as it scales back ambition
▼ + stars: | 2023-11-27 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Hundreds of jobs are expected to be cut from this unit, a person familiar with the matter, who was not authorized to speak publicly, told CNBC. Following a recent review, we've made the difficult decision to restructure our gaming business," a ByteDance spokesperson told CNBC. TikTok parent company ByteDance is cutting hundreds of jobs in its gaming division, a person familiar with the matter told CNBC, marking a significant retreat from a segment it has invested billions of dollars in to challenge market leader Tencent. Over the past few years, ByteDance has made an aggressive push into gaming in a bid to challenge other gaming giants like China's Tencent and NetEase . ByteDance acquired a major mobile gaming studio called Moonton in 2021 for a reported $4 billion, underscoring its ambitions.

Persons: Nuverse, we've, Tencent, ByteDance, Kings, Crystal Organizations: CNBC, Reuters

☆ Germany's Kuehne examines offer for Signa's Hamburg skyscraper, Handelsblatt reports
▼ + stars: | 2023-11-26 | by ( ) www.reuters.com time to read: +1 min

View of the construction site of the Elbtower building, owned by Rene Benko’s Signa and a Commerzbank subsidiary, in Hamburg Germany, November 2, 2023. REUTERS/Fabian Bimmer/File Photo Acquire Licensing RightsFRANKFURT, Nov 26 (Reuters) - German logistics entrepreneur Klaus-Michael Kuehne is examining a takeover of Signa Group's abandoned Elbtower high-rise project in his hometown of Hamburg, Handelsblatt reported. Discussions on the takeover by Kuehne are quite advanced, but no decision has been made, German newspaper Handelsblatt reported, citing a source. Signa, owner of New York's Chrysler Building and Britain's Selfridges store, and spokespeople for Kuehne and the city of Hamburg did not respond to requests for comment on Sunday. This led to the insolvency of its subsidiary Signa Real Estate Management Germany on Friday, Spiegel magazine reported.

Persons: Rene Benko’s Signa, Fabian Bimmer, Klaus, Michael Kuehne, Group's, Handelsblatt, Signa, Kuehne und Nagel, Hapag Lloyd, René Benko, Emma, Victoria Farr, Alexander Smith Organizations: REUTERS, Rights, Kuehne, Lufthansa, Chrysler, Real Estate Management, Spiegel, Thomson Locations: Hamburg Germany, Hamburg, Austrian, Real Estate Management Germany, Signa, Germany

☆ Opinion | It’s OK to Never ‘Get Over’ Your Grief
▼ + stars: | 2023-11-25 | by ( Mikolaj Slawkowksi-Rode | ) www.nytimes.com time to read: +3 min

This approach to grief and mourning might seem to be a good thing, like picking yourself up after a fall. The idea that recovering one’s happiness should be the end goal of mourning dates back to Sigmund Freud. Over the following century, Freud’s ideas about mourning helped to foster an increasingly clinical understanding of grief. The 2022 update to the manual includes “prolonged grief disorder” and adopts the World Health Organization’s 2019 classification of prolonged grief as akin to post-traumatic stress disorder. Traditional mourning practices, with their permanent “burdens,” offer a way for those commitments to continue.

Persons: Sigmund Freud, ”, Queen Victoria, it’s Organizations: Health

☆ Courts Strike Down Gun Control Measures in Two States
▼ + stars: | 2023-11-23 | by ( David W. Chen | More About David W. Chen | ) www.nytimes.com time to read: +1 min

In the wake of a landmark U.S. Supreme Court decision last year that significantly limits what the government can do to restrict guns, states led by Democrats have scrambled to circumvent or test the limits of the ruling. A few have approved new gun restrictions. Oregon even passed a ballot initiative to ban high-capacity ammunition magazines. But this week, supporters of the new gun measures suffered a pair of setbacks, underscoring the rippling effect of the court’s decision. On the same day, a state judge in southeastern Oregon concluded that a ballot initiative approved by voters in 2022 that would prohibit high-capacity magazines and require background checks and training to obtain gun permits violated the State Constitution.

Organizations: Supreme, Democrats, U.S ., Appeals, Fourth Circuit Locations: U.S, Oregon, Richmond , Va, Maryland

☆ Exclusive: China to name finance veteran Zhu as new forex chief, sources say
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +3 min

The building of State Administration of Foreign Exchange (SAFE) is pictured in Beijing, China, January 11, 2017. Zhu's appointment to lead the State Administration of Foreign Exchange (SAFE) is expected to be announced as soon as this week, said one of the sources. Zhu, 55, would also be named a deputy governor of the People's Bank of China (PBOC), which oversees the foreign exchange regulator, said the source. Zhu will take over the forex regulatory head role from Pan Gongsheng, who has held the post since 2016 and who was named the central bank governor in July. An engineering graduate from the Shanghai University of Finance and Economics, Zhu has also been a deputy central bank governor, and vice governor of Sichuan province in southwestern China.

Persons: Jason Lee, Zhu Hexin, Zhu, Pan Gongsheng, Goldman Sachs, Sumeet Chatterjee, Muralikumar Organizations: Administration of Foreign Exchange, REUTERS, Rights, CITIC Group, State Administration of Foreign Exchange, People's Bank of China, Communist, Reuters, SAFE, Bank of Communications, Bank of China, Shanghai University of Finance, Thomson Locations: Beijing, China, Rights BEIJING, HONG KONG, Sichuan, outflows, Hong Kong

☆ OpenAI had a confusing week. Who came out on top? And who lost out?
▼ + stars: | 2023-11-22 | by ( Brian Fung | ) edition.cnn.com time to read: +6 min

But in other ways, the agreement is still a watershed moment for OpenAI and the artificial intelligence field writ large. Who came out on topSam Altman: A clear winner in the whole debacle is, of course, Altman himself. With some of the apparent architects of Altman’s ouster being pushed out themselves, a casualty of the affair may be the perspectives that those board members espoused. Emmett Shear, whom the board named OpenAI’s interim CEO for all of two days, has also expressed similar worries. In the fallout of the leadership crisis, some have argued that the outcome is also a defeat for effective altruism, the movement with which some OpenAI board members are said to be affiliated.

Persons: Sam Altman, Altman, bungled, that’s, Satya Nadella, OpenAI, Nadella, we’re, ” Nadella, Bret Taylor, Larry Summers, Nathan Laine, Hollie Adams, Taylor isn’t, He’s, Elon Musk, Summers, Who, OpenAI’s, Gabby Jones, Emmett Shear Organizations: CNN, Microsoft, Bloomberg, Getty, Facebook, Twitter, Harvard University Locations: OpenAI, Brooklyn, New York

Their options include drawing up a supplementary budget for 2023 and suspending Germany's self-imposed debt brake before reinstating it for next year. "Our goal is to discuss the budget quickly but with due care," said a joint statement of ruling party lawmakers. The delay has heightened uncertainty about spending in all areas of the German economy and meant the 2024 budget might not be concluded before the end of the year. "I firmly assume that the commitments for Intel and TSMC will remain," a government source said, adding: "This is very important to the chancellor, as well as to the economy minister." This will happen in the course of next early 2024 and we will see how far hydrogen is available," CEO Miguel Lopez said.

Persons: Olaf Scholz, Christian Lindner, Robert Habeck, Olaf Scholz's, Scholz's, Siegfried Russwurm, TSMC, Scholz, Miguel Lopez, Holger Hansen, Christian Kraemer, Victoria Waldersee, Andreas Rinke, Madeline Chambers, Matthias Williams, Miranda Murray, Alex Richardson, Christina Fincher Organizations: Finance, Climate, Government, Ukraine Industry, Intel, TSMC, Wednesday, Social Democrat, Greens, Free Democrats, Fund, Eurasia Group, U.S, BMW, Volkswagen, Thomson Locations: TSMC BERLIN, Germany's, Ukraine, EU, Saxony, Anhalt, Berlin, Germany

☆ Hybrid vehicle sales surge in China, posing fresh threat to foreign automakers
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +6 min

A Li L7 electric SUV by Li Auto is displayed at the Auto Shanghai show, in Shanghai, China April 18, 2023. One-third of total vehicle sales by Toyota, the world's top-selling automaker, are already hybrids and the company reported a 34% surge in hybrid sales in the six months to end-September, outpacing 9% growth in overall revenue. Sales of HEVs in China, which Toyota still dominates with four top-selling models, tumbled 15%, while gasoline car sales dropped 11%, underscoring potential challenges facing foreign automakers. But it was a failed trial, with sales of just over 4,000 units, and GM in 2020 halted sales. BYD is expanding PHEV sales overseas, offering Han, Qin and Song lineups in Latin America, which has less charging infrastructure.

Persons: Li Auto, Aly, Xu Min, Yale Zhang, BYD, Li, Han, Qin, Stellantis, Leapmotor, Xu, Bill Russo, Zhang Yan, Brenda Goh, Miyoung Kim, Gerry Doyle Organizations: Li, Auto, REUTERS, Rights, Toyota, Honda, Shanghai Jiao Tong University's Institute, Intelligent, Reuters, China Association of Automobile Manufacturers, HK, Automotive Foresight, Reuters Graphics, Prius, General Motors, Buick, GM, Li Auto, Jiao Tong University, HEVs, Thomson Locations: Auto Shanghai, Shanghai, China, Europe, U.S, outpacing, United States, Shanghai Jiao, Reuters Graphics CHINA, America, Leapmotor, North America

☆ 'Funflation' drives sporting event ticket prices up a whopping 25%
▼ + stars: | 2023-11-21 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

'A gigantic bounce back'Admission prices for sporting events jumped 25.1% in October 2023 from the same month a year prior, according to the Bureau of Labor Statistics' consumer price index data. There's also an alignment of attention-grabbing sporting events taking place this fall. Sports ticket prices were 14.2% higher in October than in November 2019, a smaller gain than the entire index's 19.6% increase, a CNBC analysis of CPI data shows. "We're seeing a gigantic bounce back in prices," Matheson said. StubHub said ticket prices across the top 10 sporting events were 15% higher in 2022 than they were in 2023.

Persons: John Brown, Bryan M, Bennett, Dan Hornberger, That's, Victor Matheson, Matheson, There's, Lionel Messi's, Taylor Swift, StubHub, Rodney Paul, Paul Organizations: Buffalo Bills, New England Patriots, Highmark, Getty, National Football, Philadelphia Eagles, Bureau of Labor Statistics, College of, Inter Miami, Sports, CNBC, NFL, Major League Baseball, National Hockey League, NBA, Syracuse University Locations: Orchard Park , New York, Las Vegas

☆ Dollar beaten to over two-month low as Fed cut bets take charge
▼ + stars: | 2023-11-20 | by ( Rae Wee | ) www.reuters.com time to read: +4 min

U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. Against the weaker greenback, the euro hit its highest since August at $1.09365, while the yen firmed at a one-month high of 148.68 per dollar. The Japanese yen remained on the stronger side of 150 per dollar and was last 0.3% higher at 149.17. The onshore yuan rose 0.5% to an over three-month high of 7.1700 per dollar, while the offshore yuan similarly got a boost and jumped roughly 0.6% to an over three-month top of 7.1703 per dollar. The Aussie was last 0.5% higher at $0.6546, having struck a three-month high of $0.6563 earlier in the session, while the kiwi gained 0.54% to $0.6025.

Persons: Dado Ruvic, Carol Kong, Vishnu Varathan, CBA's, Rae Wee, Sam Holmes Organizations: REUTERS, Rights, Federal Reserve, New Zealand, Fed, Commonwealth Bank of Australia, Treasury, ., Mizuho Bank, Thomson Locations: Rights SINGAPORE, Asia, China

☆ Dollar stumbles to over two-month low as markets eye Fed cuts
▼ + stars: | 2023-11-20 | by ( Rae Wee | ) www.reuters.com time to read: +4 min

The yuan struck three-month highs in both the onshore and offshore markets, propped up by China's central bank, while the Australian dollar similarly scaled a three-month top against the falling greenback. "If we do see risk appetite improve again, then the dollar can definitely weaken further." Against the weaker dollar, the euro rose to an over two-month high of $1.0924, ahead of flash PMI readings in the euro zone due later this week. The risk-sensitive Australian dollar edged roughly 0.5% higher to $0.6546, its strongest level since August, while the New Zealand dollar rose 0.52% to $0.60235. The onshore yuan rose 0.5% to an over three-month high of 7.1753 per dollar, while the offshore yuan similarly got a boost and jumped roughly 0.6% to an over three-month top of 7.1745 per dollar.

Persons: Dado Ruvic, Carol Kong, Sterling, Vishnu Varathan, CBA's, Rae Wee, Sam Holmes Organizations: REUTERS, Rights, Federal Reserve, Fed, Commonwealth Bank of Australia, Treasury, ., Mizuho Bank, New Zealand, Thomson Locations: Rights SINGAPORE, Asia, China

VOORBURG, Netherlands (AP) — Cans of fish, jars of pasta sauce and bags of beans are stacked in blue crates. Meat, dairy and bread are kept cold in a huge freezer and a walk-in refrigerator in this affluent Dutch town. “There is a long list of things we need to do to challenge that cost-of-living crisis,” he told reporters at a campaign event. That shot up to 250 as a cost-of-living crisis swept across the world and did not spare the wealthy Netherlands. The Leidschendam-Voorburg food bank Kuipers oversees estimates that the true number of people eligible for food aid could be two to three times higher.

Persons: ”, Rob Kuipers, Maurice Crul, Pieter Omtzigt, Mark Rutte —, “, Frans Timmermans, Kuipers Organizations: Vrije Universiteit Amsterdam, Democrat, People’s Party for Freedom and Democracy, Union, . Locations: Netherlands, Leidschendam, The Hague

☆ Argentina's Trump-like presidential candidate, who proposed making the US dollar the country's official currency, wins election after his opponent concedes defeat
▼ + stars: | 2023-11-19 | by ( Associated Press | ) www.businessinsider.com time to read: +7 min

A self-described "anarcho-capitalist" candidate often compared to Donald Trump claimed victory in Argentina's presidential election. With a Milei victory, the country will swing to the right amid discontent over soaring inflation and rising poverty. AdvertisementArgentina's Economy Minister Sergio Massa conceded defeat to populist Javier Milei in Sunday's fiercely polarized presidential runoff even before the country's electoral authority released official results. AdvertisementThe vote took place amid Milei's allegations of possible electoral fraud, reminiscent of those from Trump and former Brazilian President Jair Bolsonaro. Without providing evidence, Milei claimed that the first round of the presidential election was plagued by irregularities that affected the result.

Persons: Donald Trump, Javier Milei's, Sergio Massa, —, Javier Milei, Massa, Milei, Milei's screeds, I'm, Esteban Medina, Jenifer Pio, Pio, Ana Iparraguirre, Massa's, María Gabriela Gaviola, hasn't, isn't, Gaviola, I've, Patricia Bullrich, Milei's, Victoria Villaruel, Jair Bolsonaro Organizations: Argentina's, Service, Argentine, Massa, Associated Press, Peronist, University of Buenos Aires Law School, AP, Theater Locations: Buenos Aires, Argentina, Trump

Scholz, who has visited Africa several times since taking office in late 2021, will hold bilateral talks with several African countries on Sunday, before hosting a German-African investment summit at Berlin's Marriott Hotel on Monday morning. African countries have long complained that while Europe talks about investment, China actually provides financing without any moral lecturing. Still, Chinese lending in Africa is in decline, while European interest is rising as it seeks to diversify supply chains. Nearly two thirds of German companies want to expand their business in Africa, according to a study by KPMG and the German-African Business Association. The member countries of the G20 Compact are Morocco, Tunisia, Egypt, Senegal, Guinea, Ivory Coast, Ghana, Togo, Benin, Burkina Faso, Rwanda, Democratic Republic of Congo and Ethiopia.

Persons: jostling, Scholz, Macron, Ursula von der Leyen, Emmanuel Macron, Mark Rutte, Olaf Scholz, Sarah Marsh, Andreas Rinke, Mike Harrison Organizations: Africa, Dutch, African Union, KPMG, African Business Association, Democratic, Thomson Locations: Berlin, Africa, Macron BERLIN, Germany, Berlin's, Europe, United States, Russia, China, Asia, Morocco, Tunisia, Egypt, Senegal, Guinea, Ivory Coast, Ghana, Togo, Benin, Burkina Faso, Rwanda, Democratic Republic of Congo, Ethiopia

☆ OpenAI's Sam Altman exits as CEO because 'board no longer has confidence' in his ability to lead
▼ + stars: | 2023-11-17 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +5 min

OpenAI's board of directors said Friday that Sam Altman will step down as CEO and will be replaced on an interim basis by technology chief Mira Murati. "The board no longer has confidence in his ability to continue leading OpenAI," the statement said. The board also said that Greg Brockman, OpenAI's president, "will be stepping down as chairman of the board and will remain in his role at the company, reporting to the CEO." Before taking over as CEO, Altman, 38, was president of startup accelerator Y Combinator and gained prominence in Silicon Valley as an early-stage investor. Microsoft CEO Satya Nadella made a surprise guest appearance during the event, joining Altman on stage to discuss the startup's AI technologies and its partnership with Microsoft.

Persons: Sam Altman, Mira Murati, Ilya Sutskever, Adam D'Angelo, Tasha McCauley, Helen Toner, OpenAI, Greg Brockman, what's, Murati, Mira, ChatGPT, Satya Nadella, Nadella, Elon Musk, Altman, rapt, Ted Lieu, Mike Johnson, Joe Biden, Xi Jinping, Altman didn't, — CNBC's Lora Kolodny Organizations: Tech, Conference, Georgetown Center for Security, Emerging Technology, Microsoft, OpenAI, U.S . Senate, House Democratic Caucus, Economic Cooperation, U.S Locations: Laguna Beach , California, Mira, Silicon Valley, Indonesia, Asia, Pacific, Singapore, India, China, South Korea, Japan, San Francisco

☆ ‘Where will I leave these children, on the street?’ The struggle for survival faced by disabled Palestinians in Gaza
▼ + stars: | 2023-11-17 | by ( Rosa Rahimi | Sana Noor Haq | ) edition.cnn.com time to read: +14 min

“There was chaos in the place, children crying, and smoke and fire spread,” Al-Naizi told CNN, sharing videos of the aftermath. It took about two hours to evacuate the group, according to Al-Naizi, as many of the children had to be carried. “Where will I leave these children, on the street?” Al-Naizi said. Streams of Palestinians – including women, children and the elderly – have been making their way south in a growing exodus along daily evacuation corridors announced by the IDF. Hazem Saeed Al-NaiziAs Israeli troops close in on Gaza City, Al-Naizi fears the orphanage will be displaced again.

Persons: Hazem Saeed Al, Naizi, ” Al, ”, “, Hamza, Muhammad, Naizi Israel, Volker Türk, Abu Jazar Sama, Sama, Walid Mahmoud Nazzal, ” Sama, ” Heba Abu Jazar Sama, Heba Abu Jazar Sama, Sama’s, Jamal Al Rozzi, Ayas, Saeed Al, Reham Shaheen, bedsores, Shaheen, Gazans, Al Rozzi, Fidaa Fouad Khamis Omar, Khan Younis, ’ Al Rozzi’s, Adham, Israel, Omar, , ” CNN’s Kareem El Damanhoury, Abeer Salman, Akanksha Sharma, Mostafa Salem, Zeena, Eyad Kourdi Organizations: CNN, Israel Defense Forces, Palestinian Ministry of Health, West Bank, Humanitarian Affairs, IDF, United Nations, Palestinian Central Bureau, Statistics, Palestinian, Palestinian Union of, UN, Human Rights Watch, National Society for Rehabilitation, Humanity, HRW, Aid, National Society for, Rehabilitation, Amnesty International Locations: Gaza, Gaza City, Al, Ramallah, Palestinian Union, “, Wadi Gaza, Khan

Underscoring the frustration, Economy Minister Robert Habeck, a member of the pro-spending Greens, called the verdict "a huge blow to industrial policy". Speaking to parliament, Habeck warned the court ruling put at risk support for the steel sector, which is counting on subsidies to decarbonise and stay competitive. Finance Minister Christian Lindner meanwhile said it was too early to discuss the consequences of the court ruling. "The steel industry alone can contribute to reducing a third of total industrial emissions - and thus has enormous leverage to save millions of tons of CO2 in the coming years." "The political bottom line is that many coalition disputes will reopen as serious budget constraints kick in.

Persons: Olaf Scholz, Christian Lindner, Robert Habeck, BERLIN, Wednesday's, Chancellor Olaf Scholz, Habeck, Yesenn, DBRS Morningstar, hawkish Lindner, Lindner, Bernhard Osburg, Carsten Brzeski, Eurointelligence, Maria Martinez, Christian Kraemer, Andreas Rinke, Markus Wacket, Tom Kaeckenhoff, Matthias Williams, Alexandra Hudson, Susan Fenton Organizations: Finance, Climate, Economy, Greens, CHANGE, Budget, European Central Bank, Thomson Locations: United States, Berlin, Germany

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