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☆ US companies aren't feeling great about the economy - but one group is extra pessimistic
▼ + stars: | 2023-10-27 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Small business owners and CFOs both reported feeling downbeat about the US economy in recent surveys. CFOs are far more optimistic about the prospects for their own companies relative to the wider economy. A historically low number of small business owners said it's a good time to expand operations. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementSmall business owners are pessimistic about the state of the US economy.

Persons: it's, —, Ned Davis, CFOs Organizations: Service, Conference Board, Ned Davis Research Small, NDR, Bloomberg, Fed

☆ What Is Going On in Britain’s Economy? The Picture Is Foggy.
▼ + stars: | 2023-10-26 | by ( Eshe Nelson | More About Eshe Nelson | ) www.nytimes.com time to read: +1 min

Tuesday’s data showed that the labor market was continuing to cool, following the same trend as the previous month, with more unemployment and fewer job vacancies. The Bank of England has raised interest rates to their highest level since 2008, and officials have signaled they will remain high well into next year. But the latest labor market release needs to be taken “with a huge pinch of salt,” Philip Shaw, an economist at Investec, wrote in an analyst note. Policymakers at the Bank of England have “lost another important set of figures” to guide them in setting interest rates, he argued. Last month, the statistics office issued a particularly large upward revision to the size of the economy after pandemic lockdowns.

Persons: ” Philip Shaw Organizations: Bank of England, Investec, Statisticians, Labor Force Survey

☆ The stock market is riskier and more volatile than it was in past decades. Here's why.
▼ + stars: | 2023-10-26 | by ( Aruni Soni | ) www.businessinsider.com time to read: +4 min

The S&P 500 has become more volatile in recent years, according to research firm DataTrek. The bigger factor is the massive growth of big tech stocks that make up more and more of the S&P 500. "The S&P 500 has become noticeably more volatile over the last +60 years, but returns have not increased commensurately," DataTrek said in a note published Thursday. AdvertisementAdvertisementHere's why the research firm sees higher risk in the stock market today than in past eras. Unexpected developments hit harderAnother explanation is that the market in recent years has had an outsized reaction to unanticipated developments relative to past eras.

Persons: —, DataTrek, Apollo, Torsten Sløk Organizations: Service, Apple, Microsoft, Nvidia, Tesla, Big Tech, Data, GameStop

☆ WTA Finals: Records, history and the evolution of showpiece event of women’s tennis
▼ + stars: | 2023-10-26 | by ( Ben Church | ) edition.cnn.com time to read: +6 min

CNN —By pitting the world’s best players against each other every year, the WTA Finals have been a celebration of women’s tennis for over half a century. The end-of-year championship sees the eight top-ranked singles players and eight top-ranked doubles pairings battle it out to be crowned the ultimate champions of the year. In 1973, after a meeting with more than 60 other players, King founded the WTA – a new tour uniting all of women’s professional tennis. Mark Foley/APWith women’s tennis entering a new, more prosperous era, the WTA Finals returned for a second year. This year’s WTA Finals begin on October 29, with the final taking place on November 5.

Persons: Chris Evert, Billie Jean King, King, Bobby Riggs, ” Chris Evert, Mark Foley, Evert, Serena Williams, Julian Finney, Monica Seles ’, Gabriela Sabatini, Caroline Garcia, Aryna Sabalenka, Markéta Vondroušová, Coco Gauff, Iga Świątek, Elena Rybakina, Jessica Pegula, Muchová, Greece’s Maria Sakkari, Aryna, Sarah Stier, Gauff, Martina Navratilova, Steffi Graf, Margaret Court, Virginia Wade Organizations: CNN, WTA, Virginia Slims, American, women’s, Garden, Apple, Getty, Guadalajara, Wimbledon Locations: Boca Raton , Florida, “, Los Angeles, New York’s, Oakland, Spain, Turkey, Singapore, Cancun , Mexico, Mexico, French

☆ How oil could spike to $150, even $250 if Israel-Hamas war escalates, according to Bank of America
▼ + stars: | 2023-10-25 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

The Wall Street side of the Charlotte-based bank laid out scenarios where oil could hit $150 per barrel, or even $250, depending on how the war shakes out. The international oil benchmark Brent crude held around $88 Wednesday after trading closer to $94 late last week. Bank of America sees any escalation involving Iran triggering a jump to $120 to $130 per barrel. If a physical supply disruption occurs because of attacks on energy infrastructure, oil could surge above $130 a barrel, Bank of America said. If the strait is closed, oil prices can spike above $250 per barrel, the bank said.

Persons: BofA Organizations: Hamas, Bank of America, Brent, . West Texas, West Texas, U.S, Hezbollah, bbl Locations: Israel, Charlotte, Iran, Palestinian, Yemen, Iraq, Lebanon, Tehran, Syria, Lebanese, Hormuz

☆ Egypt's Sisi says Cairo playing positive role in de-escalating Gaza crisis
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +2 min

Egypt has taken an active role in negotiating access to aid for people in Gaza through the Rafah crossing, which it shares with Gaza, as well as in negotiations for hostage releases, while advocating for a ceasefire in the conflict. "You have this capability to defend yourself ... never let anger or fervour cause you to overstep," he said. Speaking with Macron, Sisi said both leaders had agreed that any move to displace Gazans into Egypt's Sinai peninsula - a move he had previously warned that Egypt would not bear - would be "extremely dangerous." The two men agreed to work to contain the crisis and prevent other actors from entering the fray, Sisi said. Reporting by Nafisa Eltahir and Nayera Abdallah; Additional reporting by Clauda Tanios; Writing by Ahmed Elimam and Nafisa Eltahir; Editing by Toby Chopra, Deborah Kyvrikosaios and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Abdel Fattah al, Sisi, Emmanuel Macron, Nafisa Eltahir, Nayera Abdallah, Clauda Tanios, Ahmed Elimam, Toby Chopra, Deborah Kyvrikosaios, Jonathan Oatis Organizations: Thomson Locations: Suez, Cairo, Gaza, Egypt, Egyptian, CAIRO, Israel, Rafah, Egypt's

He attached remarks by Johnson praising Louisiana's abortion ban and penalty of "hard labor for 1-10 years" and fines of $10,000-$100,000 for those who perform abortions. The Biden-Harris campaign and other groups circulated and posted images of three bills Johnson has sponsored that the Democrats said would "ban abortion nationwide." Already, six states – Michigan, California, Vermont, Kentucky, Kansas and Montana – have passed referendums that either enshrined abortion rights or rejected efforts to undo the right to abortion. Another referendum, one that would guarantee abortion rights, is on the ballot next month in Ohio. These numbers have Democrats believing they can keep the White House and flip the House – and Johnson has put a face to that effort.

Persons: Joe Biden, Mike Johnson, Johnson, MAGA Mike Johnson’s, Ammar Moussa, Kamala Harris, Donald Trump, Donald Trump’s “, Johnson –, Kevin McCarthy, California –, Nancy Pelosi, Biden, Harris, Don Beyer, Roe, Wade, Marjorie Dannenfelser Organizations: Republican, House Republican Conference, Biden, Louisiana Republican, Republicans, California Democrat, Democratic, Virginia Democrat, Democratic National Committee, Lincoln, Social Security, SBA, Kaiser Family Foundation, White Locations: Louisiana, California, Virginia, America, – Michigan, California , Vermont , Kentucky , Kansas, Montana, Ohio

☆ D-backs cap NLCS comeback, stun Phillies in Game 7
▼ + stars: | 2023-10-25 | by ( Field Level Media | ) www.reuters.com time to read: +4 min

October 25 - PHILADELPHIA -- The Arizona Diamondbacks won nine games during a six-week span from early July through mid-August. On Tuesday night, the Diamondbacks won their ninth game of October -- and became one of the most unlikely World Series teams of all-time. The Diamondbacks, who overcame two-games-to-none and three-games-to-two deficits in the NLCS, will visit the American League champion Texas Rangers in Game 1 of the World Series on Friday night. The Phillies, with five players on $100 million deals on their roster, fell one win shy of their second straight NL pennant. The Phillies scored 15 runs in the final five games.

Persons: Corbin Carroll, Carroll, Gabriel Moreno's, Christian Walker, Philadelphia's Alec Bohm, Brandon Pfaadt, Bohm, Bryson Stott's, Emmanuel Rivera, Ranger Suarez, Geraldo Perdomo's, Jeff Hoffman, Moreno, Kyle Schwarber, Joe Mantiply, Ryan Thompson, Perdomo, Jose Alvarado, Marte, Kevin Ginkel, Paul Sewald, Sewald, Jake Cave Organizations: The Arizona Diamondbacks, Diamondbacks, Philadelphia Phillies, National League, American League, Texas Rangers, Phillies, Arizona, New York Mets, Louis Cardinals, The Diamondbacks, San Francisco Giants, Cincinnati Reds, Chicago Cubs, Milwaukee Brewers, Los Angeles Dodgers, Philadelphia, Bank, Thomson Locations: PHILADELPHIA, Arizona, Texas, Philadelphia

LOS ANGELES (AP) — Richard Roundtree, the trailblazing actor who starred as the ultra-smooth private detective in several “Shaft” films beginning in the early 1970s, has died. Roundtree’s “Shaft” was part of a change in how Black movies were viewed in Hollywood, which failed to consider Black actors – especially for leading roles — in projects at the time. Isaac Hayes’ “Shaft” theme song — which included the line “You a bad mother— (Shut your mouth)” — helped insinuate the original movie into the pop-cult consciousness. After the film’s success, Roundtree returned in sequels “Shaft’s Big Score” in 1972 and “Shaft in Africa” in 1973. Roundtree reprised his role in the 2000 “Shaft” film, a revival that starred Samuel L. Jackson.

Persons: — Richard Roundtree, Roundtree’s, Patrick McMinn, ” McMinn, ” Roundtree, John, Gordon Parks, –, —, Roundtree, Isaac Hayes ’, ” —, Samuel L, Jackson, Jessie T, Usher, Peter O’Toole, Taraji P, Henson, ”, Mary Jane ” Organizations: ANGELES, Associated Press, Africa ”, CBS, “, MTV Locations: Los Angeles, New Rochelle , New York, New York, Gordon, Hollywood, American, Africa

☆ Wall Street warning: Ray Dalio, Jamie Dimon, Larry Fink issue grim outlooks for the global economy
▼ + stars: | 2023-10-25 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

Ray Dalio, Jamie Dimon, David Solomon, Larry Fink, and Steve Schwarzman all shared their views. They tackled topics such as inflation, recession, the Israel-Hamas war, and commercial real estate. JPMorgan CEO Jamie Dimon, BlackRock CEO Larry Fink, Goldman Sachs CEO David Solomon, Blackstone CEO Steve Schwarzman, and Bridgewater Associates founder Ray Dalio all shared their views. They touched on everything from the Israel-Hamas conflict and pressures on commercial real estate to inflation, interest rates, fiscal and monetary policies, and the risk of recession. David SolomonThe Goldman Sachs chief recalled the boom in mergers and acquisitions coming out of the pandemic, as massive amounts of fiscal stimulus and rock-bottom interest rates fueled "extreme confidence."

Persons: Ray Dalio, Jamie Dimon, David Solomon, Larry Fink, Steve Schwarzman, —, Goldman Sachs, Blackstone, Dalio, Dimon, Fayez Nureldine, David Solomon The Goldman Sachs, that's, Solomon, Fink, aren't, he's, we'll, Schwarzman Organizations: Service, Future Investment Initiative, Tuesday, JPMorgan, BlackRock, Bridgewater Associates, Getty Locations: Saudi Arabia, Israel, Russia, Ukraine, Riyadh, AFP

☆ Israel's Netanyahu, Fending off Critics, Says There's 'Clear Unity of Purpose' With Defence Chiefs
▼ + stars: | 2023-10-24 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +4 min

Netanyahu, Israel's longest serving prime minister, has seen his already falling approval ratings plunge following the Oct. 7 Hamas attack, which killed some 1,400 people in the deadliest day for Israel in its 75-year history. "It has deeply impeded the need to focus on the war and on making decisions, including painful decisions. "Between Prime Minister Netanyahu and the Minister of Defense and the Chief of Staff there is complete and mutual trust and a clear unity of purpose," the statement said. In the wake of the Oct. 7 attack, Netanyahu invited former Defence Minister Benny Gantz, who leads one of the centrist opposition parties, to join his war cabinet as part of an emergency unity government. But his own personal standing, already clouded by a corruption trial on charges which he denies, has been badly damaged and a recent poll showed Gantz was now a far more popular choice as prime minister.

Persons: James Mackenzie JERUSALEM, Benjamin Netanyahu, Netanyahu, Israel's, Yedioth, Israel, Haim Bibas, Benny Gantz, Gantz, James Mackenzie, Nick Macfie Organizations: of Defense, Gaza, Channel Locations: Hamas, Gaza, Israel, Egypt, Syria, United States, Modiin

☆ Israel's Netanyahu, fending off critics, says there's 'clear unity of purpose' with defence chiefs
▼ + stars: | 2023-10-24 | by ( James Mackenzie | ) www.reuters.com time to read: +4 min

Persons: Benjamin Netanyahu, Netanyahu, Israel's, Yedioth, Israel, Haim Bibas, Benny Gantz, Gantz, James Mackenzie, Nick Macfie Organizations: of Defense, Gaza, Channel, Thomson Locations: Hamas, Gaza, Israel, Egypt, Syria, United States, Modiin

☆ IEA: 'Unstoppable' energy transition means demand for oil, gas, and coal to peak by 2030
▼ + stars: | 2023-10-24 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —Global demand for oil, natural gas and coal — and the carbon pollution they generate — are expected to peak later this decade, according to a new report by the International Energy Agency. Driving the shift will be the “phenomenal rise” of clean sources of energy, the Paris-based agency said in its annual World Energy Outlook report, published Tuesday. The world’s second biggest economy — and largest energy consumer — has reached an “inflection point,” the IEA said, with its total energy demand set to peak around the middle of the decade. “We are today facing a major geopolitical crisis in the Middle East that could shock oil markets once again and deeply, because many oil producing countries are in that region,” Birol told reporters. “This comes on top of the insecurity that we had in the natural gas markets… after the invasion of Ukraine by Russia,” he added.

Persons: it’s, ’ —, Fatih Birol, —, Hess, Brent, Birol, ” Birol, ” Organizations: London CNN — Global, International Energy Agency, Energy, ”, Organization of, Petroleum, —, ExxonMobil, Chevron, IEA Locations: Paris, China, Israel, Ukraine, Russia, Northern Hemisphere

“Today we are again facing a crisis in the Middle East that could once again shock oil markets," said IEA Executive Director Fatih Birol. That comes on top of the stress on energy markets from Russia's cutoff of natural gas to Europe over its invasion of Ukraine, he said. Political Cartoons View All 1215 ImagesFossil fuel prices are down from 2022 peaks, but “markets are tense and volatile," said the IEA in the report. “Some of the immediate pressures from the global energy crisis have eased, but energy markets, geopolitics, and the global economy are unsettled and the risk of further disruption is ever present,” it said. “We have solar, wind, nuclear power, electric cars.

Persons: Fatih Birol, “, ” Birol, Birol, ” Organizations: International Energy Agency, Associated Press, Hamas, Israel, Nations, IEA, AP Locations: FRANKFURT, Germany, Gaza, Europe, Ukraine, Israel, China

☆ This Israeli-Hamas War Has Smashed Comforting Assumptions
▼ + stars: | 2023-10-23 | by ( Steven Erlanger | More About Steven Erlanger | ) www.nytimes.com time to read: +1 min

The sudden and unexpected terror attack by Hamas into Israel has been a crushing blow to a host of assumptions that have defined the Israeli-Palestinian conflict for years. Israelis compare the invasion and deaths of some 1,400 Israelis, most of them civilians, to the toll of Sept. 11, 2001, in the United States. And they compare the shocking surprise of the Hamas attack both to Sept. 11 and the Yom Kippur War of 1973, when Israeli forces were unprepared for an Arab attack led by Egypt and Syria that also exploded widely held assumptions. He worked to weaken the power of the Palestinian Authority, the governing body led by President Mahmoud Abbas, by allowing Hamas to retain control over Gaza. Israel allowed a small number of Gazans to work in Israel, but, with Egypt, kept most of the population locked inside what many called “an open air prison.”

Persons: Benjamin Netanyahu, Israel, Mahmoud Abbas, ” Organizations: West Bank, Palestinian Authority Locations: Israel, United States, Egypt, Syria, Gaza, Qatar

☆ Planned Parenthood Must Face Trial Over Texas Medicaid Fraud Claims
▼ + stars: | 2023-10-23 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +5 min

At issue is billing by Planned Parenthood after Texas announced its decision to terminate the organization as a provider under its Medicaid insurance programs for low-income people. However, he did not rule on exactly how much it must return, or whether Planned Parenthood knowingly broke the law. Both Planned Parenthood and the office of Texas Attorney General Ken Paxton did not immediately respond to requests for comment. Planned Parenthood has said the videos were heavily edited and misleading, and denied wrongdoing. Planned Parenthood, as a leading abortion provider, has long drawn the ire of abortion opponents, who have called for cutting off its government funding.

Persons: Brendan Pierson, Nate Raymond, Matthew Kacsmaryk, Kacsmaryk, Ken Paxton, Paxton, Donald Trump, Roe, Wade, Will Dunham, Alexia Garamfalvi, Leslie Adler Organizations: Reuters, Republican, Texas, U.S, District, Supreme Locations: Texas, Amarillo, Louisiana, State, U.S, New York

☆ Why the US kept Daylight Saving Time
▼ + stars: | 2023-10-22 | by ( Katia Hetter | Stephen Mays | ) edition.cnn.com time to read: +5 min

The current March to November system that the US follows began in 2007, but the concept of “saving daylight” is much older. Pro tip: It’s Daylight Saving Time, with singular use of “saving,” not “savings.”Reasons for Daylight Saving TimeDon't forget to reset your alarm clock. Jasmin Merdan/Moment RF/Getty ImagesThe US kept Daylight Saving Time permanent during most of World War II. Why do we need Daylight Saving TimeStudies over the last 25 years have shown the one-hour change disrupts body rhythms tuned to Earth’s rotation, adding fuel to the debate over whether having Daylight Saving Time in any form is a good idea. Although saving energy was often put out as a reason to have Daylight Saving Time, the energy saved isn’t much — if anything at all.

Persons: CNN — It’s, ”, Jasmin Merdan, Gallup, Richard Nixon, Florida’s Organizations: CNN, US Department of Transportation’s Bureau of Transportation Statistics, Getty, Studies, Daylight Locations: United States, Europe, ” Hawaii, Arizona, Pacific, Caribbean

☆ 50 years after another devastating surprise attack, Israel is facing a different kind of war that will be tougher to fight
▼ + stars: | 2023-10-21 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

After a surprise attack this month, Israel declared war on Hamas and began strikes in the Gaza Strip. This comes 50 years after another surprise attack on Israel by Egypt, Syria, and other Arab forces. AdvertisementAdvertisementIt was a Saturday in October 1973 when Arab armies launched a massive surprise attack that came perilously close to defeating Israel. Henri Bureau/Sygma/Corbis/VCG via Getty ImagesThe Yom Kippur War ended after nearly three weeks of fighting. The Yom Kippur War was a war between nations employing regular armies that fought intense mechanized battles like those of World War II.

Persons: —, Israel, Henri, Anwar Sadat, Camp David, it's, Fred Ihrt, Moshe Dayan, Golda Meir, Mostafa Alkharouf, That's, Anwar El Sadat, Netanyahu, Michael Peck Organizations: Hamas, Service, Israel, Getty, Camp, Camp David Accords, Israeli, AFP, Defense, Foreign Policy, Twitter, LinkedIn Locations: Israel, Gaza, Egypt, Syria, Kippur, Golan, Sinai, Haifa, Sderot, Anadolu, Cairo, Damascus, Lebanon, Jerusalem, Iran, Forbes

[1/3] In half a century of public life, U.S. President Joe Biden has demonstrated unwavering support for Israel. Biden, who is of Irish Catholic descent, has used similar words in the past to profess his affinity for Israel. U.S. and regional sources have expressed doubt that Israel, which vows to destroy Hamas, has yet crafted an endgame. As vice president, Biden often mediated the testy relationship between Obama and Netanyahu. "Whenever things were getting out of hand with Israel, Biden was the bridge," said Ross, now at the Washington Institute for Near East Policy.

Persons: Joe Biden, Biden, Benjamin Netanyahu, Netanyahu, Aaron David Miller, Barack, Golda Meir, Obama, Dennis Ross, Obama's, Ross, Israel, Lindsey Graham, Graham, Rashida Tlaib, Khaled Elgindy, Matt Spetalnick, Jeff Mason, Steve Holland, Patricia Zengerle, Suzanne Goldenberg Organizations: Israeli, Hamas, U.S, Irish Catholic, Israel, Democratic, Republican, Reuters, Democratic Party, Nazi, U.S ., Senate, Washington Institute for Near, Republican U.S, Republicans, American, Younger, ., Middle East Institute, Thomson Locations: U.S, Israel, Tel Aviv, WASHINGTON, Gaza, Palestinian, Irish, East, East Jerusalem, Iran, America, Washington

MANCHESTER, England (AP) — Bobby Charlton, an English soccer icon who survived a plane crash that decimated a Manchester United team destined for greatness to become the heartbeat of his country's 1966 World Cup-winning team, has died. “Sir Bobby was a hero to millions, not just in Manchester, or the United Kingdom, but wherever football is played around the world,” United said. “There was always one great hope — the return to greatness of my beloved club,” Charlton said. The biggest prize of his club career arrived in 1968 as United became the first English club to become champion of Europe. But Charlton is perhaps best known for being part of the England team that won the World Cup.

Persons: — Bobby Charlton, Charlton, Wayne Rooney, “ Sir Bobby, ” United, “, Sir Bobby, Alex Ferguson, ” “ Bobby Charlton, ” Ferguson, George Best, Denis Law, United, Busby, ”, Bill Foulkes, Rooney, Ryan Giggs, —, David Beckham, Ferguson, Queen Elizabeth II, ” Robert Charlton, Bobby, Jack, ” Charlton, Robert —, Charlton’s, Matt Busby groaning, Duncan Edwards, Eusebio, Bobby Charlton, Nobby Stiles, Marcus Rashford, Norma, ___ Organizations: Manchester United, United, England, ”, Portugal, West Germany, Wigan, Irish, Waterford, Best, Charlton, Leeds, Red Star Belgrade, FA, Benfica Locations: MANCHESTER, England, United, Manchester, United Kingdom, Munich, Preston, Old Trafford, United’s, Ashington, Germany, Europe, Portugal

CANBERRA, Australia (AP) — Australian Prime Minister Anthony Albanese said he will visit China in early November, making the announcement Sunday hours before he was to fly to the United States to meet with President Joe Biden. Albanese will become the first Australian prime minister to visit China in seven years when he travels to Beijing and Shanghai on Nov. 4-7. The visit will come near the 50th anniversary of Labor Party leader Gough Whitlam becoming the first Australian prime minister to visit the People's Republic of China in 1973. Albanese accepted an invitation weeks ago to visit China this year, but finding suitable dates had been challenging. It will be the ninth time Biden has met with Albanese as prime minister.

Persons: Anthony Albanese, Joe Biden, Albanese, “, ” Albanese, Xi Jinping, Li Qiang, Gough Whitlam, Biden, Cheng Lei, “ We’ll, ”, “ I’ve Organizations: Australian, House, U.S, China, Labor Party, World Trade Organization, Biden, Economic Cooperation, Darwin Port, Shandong Landbridge Group Locations: CANBERRA, Australia, China, United States, Beijing, Shanghai, United Kingdom, U.S, Britain, People's Republic of China, Washington, Asia, San Francisco, Tokyo, Japan, India, Darwin

☆ Sydney Opera House: Australia’s most famous attraction turns 50
▼ + stars: | 2023-10-20 | by ( Lilit Marcus | ) edition.cnn.com time to read: +4 min

CNN —Saying that the Sydney Opera House is a well-known icon of Australia is kind of like saying the Amazon is a creek. Inaugurated on October 20, 1973, by the late Queen Elizabeth II, the Opera House now welcomes more than one million visitors every year. A rich historyThere’s much more to the Opera House than, well, opera. “I think there’s a big misconception that we’re the classical arts,” says Jade McKellar, chief customer officer for the Sydney Opera House. “The Sydney Opera House constitutes a masterpiece of 20th Century architecture,” UNESCO wrote in its designation.

Persons: Queen Elizabeth II, Jorn Utzon, “, ”, Jade McKellar, we’ve, there’ll, Golding, McKellar, Megan Cope, Bob Henry, UCG, Piper, Hamelin Organizations: CNN, Sydney Opera, Deloitte, Empire, Opera, Opera House, Sydney Opera House, UNESCO, ” UNESCO, Fairfax Media, House, Nations, Botanic Garden, Getty, Opera Bar Locations: Australia, ”, Spanish, Korean, Sydney

SANTIAGO, Chile (AP) — The opening ceremony of Chile's first Pan American Games on Friday was not only a celebration of athletes, Indigenous peoples and poetry, but laid bare the politically divided country's scars from the military dictatorship of Gen. Augusto Pinochet from 1973 until 1990. In the most awaited moment of the two-hour event, the Pan American flame came through “the tunnel of memory” and into the National Stadium in Santiago that was a center of torture and executions after the coup d'etat five decades ago. Lucy Lopez, 93, who won a silver in the high jump at the 1951 Pan American Games, Chile's first medal in the games, lit the cauldron. Political Cartoons View All 1211 ImagesThe Pan American Games, the largest multi-sport event in the Americas, take place one year before the Olympics. The National Stadium and its surroundings were renovated for the competitions.

Persons: Chile's, Augusto Pinochet, Lucy Lopez, Gabriel Boric, Pinochet, Rebeca Andrade, Maggie Mac Neil, Marileidy Paulino, Jordan Chiles, Vincent Hancock, Pablo Neruda, Gabriela Mistral, Sebastián Yatra, Selena Torres, ” Torres, Javier Sosa, “, ” Organizations: Pan American Games, Pan American, Olympics, U.S Locations: SANTIAGO, Chile, American, Santiago, Chilean, Americas, United States, France, Canadian, Dominican, Japan, Colombian, Providencia

☆ Hamas says it releases two U.S. hostages 'for humanitarian reasons' after Qatari efforts
▼ + stars: | 2023-10-20 | by ( ) www.cnbc.com time to read: +3 min

Hamas' armed wing, the Izz el-Deen al-Qassam Brigades, has released two U.S. hostages from Gaza — a mother and her daughter — "for humanitarian reasons" in response to Qatari mediation efforts in the war with Israel, its spokesman Abu Ubaida said on Friday. It said more than 20 hostages have been killed by Israeli air strikes, but has not given any further details. Israel has also said that there will be no end to its full blockade of the enclave unless Israeli hostages are freed. Hamas has released a video of Mia Schem, a 21-year-old French-Israeli woman captured at a dance party. American and British officials have confirmed they have been working with Qatar to secure the release of hostages, including their citizens, held in Gaza.

Persons: Deen al, —, Abu Ubaida, Joe, Biden, Israel, Mia Schem, Benjamin Netanyahu's, Gilad Shalit Organizations: Tel, Brigades, Hamas, Qatar Locations: Tel Aviv, Tel Aviv Israel, Hamas, Gaza, Israel, Thailand, Argentina, Germany, France, Portugal

☆ Demand destruction will outweigh a wider Mideast conflict in oil markets, JPMorgan says
▼ + stars: | 2023-10-20 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

"Even if the fighting spreads beyond Israel and the Palestinian territories, it is unlikely to result in a prolonged oil price spike" they predicted. "There are tangible signs that high oil prices amplified by surging borrowing costs and depreciating EM currencies began to erode fuel consumption." In addition, oil prices rarely experienced long-term turmoil during most of Israel's past conflicts, JPMorgan said. "Eventually, oil prices tended to gradually stabilize and decline, resulting in Brent actually trading at a discount to its fundamentally-derived fair value. Only the 1973 Yom Kippur war saw longer lasting impacts, given that it led to a Saudi oil embargo against the US.

Persons: —, Brent, JPMorgan doesn't, haven't Organizations: JPMorgan, Service, UAE haven't Locations: Israel, Taiwan, Thailand, Japan, South Korea, Pakistan, Bangladesh, Sri Lanka, 4Q23, Iran, Saudi Arabia, UAE, Saudi, Northern Iraq

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