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"In the interests of ensuring the security of our country, we are withdrawing the ratification of the Comprehensive Nuclear Test Ban Treaty," Duma Speaker Vyacheslav Volodin said ahead of a debate and parliamentary vote on revoking ratification. While Russia is revoking ratification, it would remain a signatory and would continue to cooperate with the test ban treaty organisation and the global monitoring system, which alerts the world to any nuclear test. Post-Soviet Russia has never carried out a nuclear test. "I hear calls to start testing nuclear weapons, to return to testing," Putin said on Oct. 5. Since the CTBT, 10 nuclear tests have taken place.
Persons: Putin, Vladimir Putin, Vyacheslav Volodin, Volodin, Guy Faulconbridge, Robert Birsel Organizations: Comprehensive, Russian Federation, U.S, Soviet Union, United Nations, Cuban Missile, U.S . Congress, Thomson Locations: Russia, United States, MOSCOW, Washington, Soviet Russia, Soviet Union, China, Ukraine, Moscow, Beijing, India, Pakistan, North Korea
Russian President Vladimir Putin attends an interview with China Media Group anchor Wang Guan at the Kremlin in Moscow, Russia, in this image released October 16, 2023. Putin spoke to Iranian President Ebrahim Raisi and to Syrian President Bashar al-Assad by telephone, the Kremlin said. Russian Deputy Foreign Minister Sergei Ryabkov told Putin that the situation was escalatory, that Israeli army actions were "indiscriminate" and that the risk was that Israel would begin a ground operation against Gaza. Russian Foreign Minister Sergei Lavrov discussed the conflict between Israel and Hamas with Chinese Foreign Minister Wang Yi in Beijing ahead of a visit by President Vladimir Putin to China. "The United Nations Security Council must take action, and the major powers should play an active role," Wang told Lavrov, according to a Chinese transcript of the meeting.
Persons: Vladimir Putin, Wang Guan, Sergei Bobylev, Putin, Syria Putin, Ebrahim Raisi, Bashar al, Assad, Abdel Fattah al, Abbas, Benjamin Netanyahu, Sergei Ryabkov, Ryabkov, Russia's, Xi, Yuri Ushakov, Sergei Lavrov, Wang Yi, Wang, Lavrov, Guy Faulconbridge, Ed Osmond Organizations: China Media Group, Kremlin, Sputnik, MOSCOW, Gaza, UN Security Council, United Nations Security Council, West Bank, Russian, Chinese Foreign, United Nations Security, Reuters, Thomson Locations: Moscow, Russia, Iran, Syria, Egypt, Israel Russia, China, Israel, United States, Israeli, Russian, Washington, Ukraine, CHINA, RUSSIA, Gaza, East Jerusalem, Beijing
REUTERS/Wu Hong/Pool/File Photo Acquire Licensing RightsMOSCOW/BEIJING, Oct 16 (Reuters) - Russian President Vladimir Putin will travel to China this week to meet Xi Jinping, the Kremlin chief's first trip outside the former Soviet Union this year. What are the five things to watch for at the meeting? Li was sanctioned by the U.S. in 2018 for an arms deal he secured with Russia in an earlier role. Xi also awarded Putin a friendship medal in 2018, saying that "Putin is my best close friend". Putin said in March that he had invited Xi to his private apartment in the Kremlin.
Persons: Xi Jinping, Vladimir Putin, Wu Hong, Li Shangfu, Li, General Liu Zhenli, Putin, Xi, Alexei Miller, Igor Sechin, Maxim Reshetnikov, Guy Faulconbridge, Alison Williams Organizations: Xiamen International Conference and Exhibition Center, REUTERS, Kremlin, Russia, People's Liberation Army, PLA, U.S . Department of Defence, China, United, Gazprom, Reuters, Thomson Locations: Russian, Xiamen, Fujian Province, China, MOSCOW, BEIJING, Soviet Union, U.S, Russia, Xiapu, Ukraine, United States, India, Moscow, Kremlin, Siberia, Mongolia, Asia, Germany
Putin, who is to visit China this week, said the United States had stoked tensions with Beijing by building the "AUKUS" security alliance of U.S., Australia and Britain and that Russia and China were not building a military alliance. "Moreover, to fight with both Russia and China, it is nonsense - I don't think it is serious. Putin cautioned that if the United States fought against Russia then it would be very different to the war in Ukraine that the Kremlin calls a special military operation. "And if they want to fight with Russia then it will be a completely different war - it will not be carrying out a special military operation," Putin said. Of those, Russia has about 1,674 deployed strategic nuclear warheads while the United States has 1,670.
Persons: Janet Yellen, Mark Schiefelbein, Putin, Vladimir Putin, Pavel Zarubin, Joe Biden, Biden, William Mallard, Hugh Lawson Organizations: U.S . Congress, Kremlin, U.S, Federation of American Scientists, Thomson Locations: United States, Diaoyutai, Beijing, China, Russia, Washington, China MOSCOW, Ukraine, Moscow, U.S, Australia, Britain
Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping during a signing ceremony following their talks at the Kremlin in Moscow, Russia March 21, 2023. China and Russia declared a "no limits" partnership in February 2022 when Putin visited Beijing just days before he sent tens of thousands of troops into Ukraine, triggering the deadliest land war in Europe since World War Two. Biden has referred to Xi as a "dictator" and has said Putin is a "killer" and a leader who cannot remain in power. Since the Ukraine war, Putin has mostly stayed within the former Soviet Union, though he visited Iran last year for talks with Supreme Leader Ayatollah Ali Khamenei. The United States has warned China against supplying Putin with weapons as Russia, a $2 trillion economy, battles Ukrainian forces backed by the United States and the European Union.
Persons: Vladimir Putin, Xi Jinping, Mikhail Tereshchenko, Putin, Xi Putin, Xi, Joe Biden, Graham Allison, Bill Clinton, Biden, Ayatollah Ali Khamenei, Mao Zedong, Alexander Gabuev, Gabuev, Li Shangfu, Alexei Miller, Igor Sechin, Guy Faulconbridge, Alison Williams Organizations: Kremlin, Sputnik, Forum, Soviet Union, U.S, Harvard University, Reuters, Soviet, United, European Union, Carnegie Russia Eurasia Center, Gazprom, Thomson Locations: Moscow, Russia, China, USSR, MOSCOW, BEIJING, United States, Beijing, Hague, Ukraine, Europe, U.S, Soviet Union, Iran, Communist China, Ukrainian, Siberia, Mongolia
Russian President Vladimir Putin speaks during a press conference following the Commonwealth of Independent States (CIS) leaders' summit in Bishkek, Kyrgyzstan, October 13, 2023. Sputnik/Pavel Bednyakov/Pool via REUTERS Acquire Licensing RightsBEIJING, Oct 15 (Reuters) - Russia President Vladimir Putin said that he sees China's Belt and Road Initiative (BRI) as a desire to cooperate on the global arena, Russian and Chinese news agencies reported on Sunday. "This is the difference between President Xi Jinping's Belt and Road Initiative and other projects pursued by countries with a colonialist flavour," Putin was quoted as saying. Putin also said the Belt and Road Initiative was timely and is developing well, according to RIA. Putin is due to attend the third Belt and Road Forum which will be held in Beijing on Oct. 17-18.
Persons: Vladimir Putin, Pavel Bednyakov, Putin, Xi, Lidia Kelly, Judy Hua, Muralikumar Organizations: Commonwealth of Independent States, CIS, Sputnik, REUTERS Acquire, Rights, Initiative, China Media Corporation, RIA, Thomson Locations: Bishkek, Kyrgyzstan, Rights BEIJING, Russia, People's Republic of China, China, Moscow, Beijing, Asia, Africa, Europe, Melbourne
President Vladimir Putin said Russian forces have bolstered their positions across the entire front line in Ukraine after what he said was the failure of Ukraine's counteroffensive this year. Russia currently controls about 17.5% of Ukrainian territory and a four-month-old Ukrainian counteroffensive this year by Ukrainian forces has made almost no net territorial gains, according to Western analyses of the territory held by Russia. While Ukraine took back territory taken by Russia last year, the Ukrainian army has struggled to penetrate Russian lines which have been bolstered with minefields and thousands of extra Russian troops. "What is happening now along the entire length of the [line of] contact is called 'an active defense'," Putin said. The conflict in eastern Ukraine began in 2014 after a pro-Russian president was toppled in Ukraine's Maidan Revolution and Russia annexed Crimea, with Russian-backed forces fighting Ukraine's armed forces.
Persons: Vladimir Putin, Putin, Pavel Zarubin Organizations: Commonwealth of Independent States, Russian, Belfer, Harvard Locations: Bishkek, Kyrgyzstan, Ukraine, Russia, Kremlin, Ukrainian, Avdiivka, United States, Ukraine's, Crimea, Russian
India wants to host summer Games in 2036, says PM Modi
  + stars: | 2023-10-14 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Amit Dave/File Photo Acquire Licensing RightsOct 14 (Reuters) - India is interested in hosting the Olympic Games in 2036, Prime Minister Narendra Modi said on Saturday at the opening ceremony of the International Olympic Committee (IOC) session in Mumbai. "India will leave no stone unturned in our efforts to organise the Olympics in India in 2036. India is among several nations eyeing future Games, with Paris set to host the 2024 summer Olympics and Los Angeles picked for the 2028 Games. Modi also said India would look to host the Youth Olympics in 2029. "Sport is not just about winning medals but also winning hearts," he said.
Persons: Arun Haryani, Amit Dave, Narendra Modi, Modi, Andrzej Duda, Rohith Nair, Maria Ponnezhath, Mark Potter, Hugh Lawson, Toby Davis Organizations: Tokyo, REUTERS, Olympic Games, International Olympic Committee, Commonwealth Games, IOC, Cricket, Youth Olympics, Thomson Locations: Ahmedabad, India, Mumbai, Delhi, Paris, Los Angeles, Brisbane, Australia, Indonesia, Mexico, Bengaluru
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSummaryCompanies Wells Fargo gains as Q3 profit risesJPMorgan Q3 profit rises on interest income boostBlackRock reports Q3 profit growthUnitedHealth gains on Q3 profit beatFutures: Dow flat, S&P down 0.18%, Nasdaq down 0.43%Oct 13 (Reuters) - Futures tracking Wall Street's main indexes fell on Friday as investors assessed earnings from big U.S. banks, while Treasury yields eased following a spike in the previous session. JPMorgan Chase(JPM.N), the biggest U.S. bank, posted a jump in third-quarter profit as higher interest rates boosted its income from loans. BlackRock (BLK.N) reported a 13% rise in third-quarter profit on a rebound in markets. UnitedHealth (UNH.N) advanced 2.5% after beating third-quarter profit estimates, helped by lower-than-expected medical costs for the healthcare conglomerate. Traders put the chance of interest rates remaining unchanged in November and December at around 92% and around 69%, respectively, according to CME's FedWatch tool.
Persons: Brendan McDermid, JPMorgan Chase, Wells Fargo, Rob Swanke, Patrick Harker, Susan Collins, Todd Vasos, Jeffery Owen, Shashwat Chauhan, Ankika Biswas, Saumyadeb Organizations: New York Stock Exchange, REUTERS, Companies Wells, JPMorgan, BlackRock, Dow, Nasdaq, U.S, Citigroup, Commonwealth Financial Network, Fed Bank of Philadelphia, Federal Reserve Bank of Boston, Traders, University of Michigan's, Dow e, Investors, Hamas, Exxon Mobil, Chevron, Callon Petroleum, Occidental Petroleum, Dollar, Boeing, Thomson Locations: New York City, U.S, BLK.N, Israel, Gaza City, Bengaluru
Futures edge lower ahead of big bank earnings
  + stars: | 2023-10-13 | by ( ) www.reuters.com   time to read: +3 min
SummaryCompanies Futures down: Dow 0.02%, S&P 0.11%, Nasdaq 0.25%Oct 13 (Reuters) - Futures tracking Wall Street's main stock indexes edged lower on Friday as investors looked ahead to earnings reports from big U.S. banks, while Treasury yields eased after a spike in the previous session. JPMorgan Chase (JPM.N), Wells Fargo (WFC.N) and Citigroup (C.N) are scheduled to report quarterly numbers before the opening bell. Asset manager BlackRock (BLK.N), health insurer UnitedHealth Group (UNH.N) and regional lender PNC Financial (PNC.N) are also slated to report earnings. Remarks from Fed Bank of Philadelphia President Patrick Harker, a voting member on the rate-setting Federal Open Market Committee (FOMC) this year, would also be on investors' radar during the day. On the data front, a preliminary estimate of the University of Michigan's October Consumer Sentiment Index is due at 10 a.m.
Persons: JPMorgan Chase, Rob Swanke, Patrick Harker, Susan Collins, Todd Vasos, Jeffery Owen, Shashwat Chauhan, Saumyadeb Organizations: Dow, Nasdaq, JPMorgan, Citigroup, BlackRock, UnitedHealth, PNC Financial, Commonwealth Financial Network, Fed Bank of New, Fed Bank of Philadelphia, Market, Federal Reserve Bank of Boston, Traders, Treasury, University of Michigan's, Dow e, Hamas, Thomson Locations: Wells Fargo, Fed Bank of New York, U.S, Israel, Gaza City, Bengaluru
Russian President Vladimir Putin attends the Commonwealth of Independent States (CIS) leaders' summit in Bishkek, Kyrgyzstan, October 13, 2023. Sputnik/Pavel Bednyakov/Pool via REUTERS Acquire Licensing RightsBISHKEK, Oct 13 (Reuters) - Russian President Vladimir Putin on Friday said an Israeli ground operation in Gaza would result in a level of civilian casualties that would be "absolutely unacceptable". Putin said that using heavy weaponry in residential areas was "fraught with serious consequences for all sides". "And most importantly, the civilian casualties will be absolutely unacceptable. Reporting by Reuters; Writing by Alexander Marrow; Editing by Mark Trevelyan and Christina FincherOur Standards: The Thomson Reuters Trust Principles.
Persons: Vladimir Putin, Pavel Bednyakov, Putin, Alexander Marrow, Mark Trevelyan, Christina Fincher Organizations: Commonwealth of Independent States, CIS, Sputnik, REUTERS Acquire, Rights, Hamas, Reuters, Thomson Locations: Bishkek, Kyrgyzstan, Rights BISHKEK, Israeli, Gaza, Gaza City
Ukrainian soldiers fire artillery on Russian positions on the frontline in the city of Avdiivka, Donetsk Oblast, Ukraine on July 27, 2023 amid Russia-Ukraine war. Ukrainian forces on Friday sought to hold back Russia's advances in and around the strategically important city of Avdiivka. The industrial hub of Avdiivka is regarded as the gateway to Donetsk, the capital of the eastern Donbas region. Ukraine's state emergency services said one person was killed and 12 others were injured in a Russian attack on Ukraine's eastern city of Pokrovsk. Meanwhile, Russian President Vladimir Putin is scheduled to meet with world leaders at a summit of the Commonwealth of Independent States, an international grouping of former Soviet republics.
Persons: Andriy Yermak, Volodymyr Zelenskyy, Vladimir Putin Organizations: Kremlin, Commonwealth of Independent Locations: Avdiivka, Donetsk Oblast, Ukraine, Russia, Ukrainian, Donetsk, Pokrovsk, Commonwealth of Independent States, Soviet, Kyrgyzstan, Bishkek
RICHMOND, Va. (AP) — A ban on electronic skill games in Virgnia went back into effect Friday after the state Supreme Court vacated an injunction that allowed thousands of the betting machines to remain in gas stations, bars and conveniece stores. The injunction was issued by a lower court in an ongoing lawsuit that argues the ban is a violation of free speech. But a panel of three Supreme Court justices found that the suit is unlikely to succeed. The games look and play like slot machines, though manufacturers say there is an element of skill involved. The General Assembly passed legislation outlawing skill games in 2020, but former Gov.
Persons: Virgnia, Ralph Northam Organizations: Court, Commonwealth, Alcoholic Beverage Control Locations: RICHMOND, Va
Russian President Vladimir Putin attends the Commonwealth of Independent States (CIS) leaders' summit in Bishkek, Kyrgyzstan, October 13, 2023. Sputnik/Pavel Bednyakov/Pool via REUTERS Acquire Licensing RightsBISHKEK, Oct 13 (Reuters) - Russian President Vladimir Putin said on Friday an Israeli ground offensive in Gaza would result in a level of civilian casualties that would be "absolutely unacceptable". "And most importantly, the civilian casualties will be absolutely unacceptable. Putin said, however, that Israel had the right to defend itself after being subjected to "an attack unprecedented in its cruelty". Reporting by Reuters; writing by Mark Trevelyan and Alexander Marrow; editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.
Persons: Vladimir Putin, Pavel Bednyakov, Putin, Mikhail Bogdanov, Mark Trevelyan, Alexander Marrow, Mark Heinrich Our Organizations: Commonwealth of Independent States, CIS, Sputnik, REUTERS Acquire, Rights, Hamas, Russian Foreign Ministry, Reuters, Thomson Locations: Bishkek, Kyrgyzstan, Rights BISHKEK, Gaza, Gaza City, Ukraine, Soviet Union, Israel, Russia, East Jerusalem, United States, East, Moscow, Lebanese, Lebanon
Neither Kyrgyzstan nor China are members of the ICC, which was established to prosecute war crimes. At a meeting with Kyrgyz President Sadyr Japarov, Putin underscored Russia's importance as the biggest investor in the Kyrgyz economy and said the two sides would further develop cooperation. "Our country is the main supplier of oil products to Kyrgyzstan, we fully supply Kyrgyz consumers with gasoline (petrol) and diesel," Putin told a briefing. Putin cited fast growth in Russian-Kyrgyz trade, which some in the West suspect is partly due to Kyrgyz intermediaries facilitating sanctions-busting by Russian businesses. The United States imposed sanctions on four Kyrgyz companies in July for re-exporting electronics components and other technology to Russia.
Persons: Putin, Vladimir Putin, Russia's, Sadyr Japarov, Japarov, Marlis Myrzakul, Olzhas, Andrew Osborn Organizations: Russian, Criminal Court, ICC, Kremlin, Forum, Commonwealth of Independent States, CIS, Moscow, Thomson Locations: Kyrgyzstan, BISHKEK, Central Asian, Moscow, Ukraine, Russia, Bishkek, Kyrgyz, Central Asia, Russian, China, Beijing, Soviet, Soviet Union, Armenia, United States, Kyrgyzstan's
The US is in a childcare crisis due to cost and lack of available teachers. The state now gives free tuition to the children of childcare teachers. However, one potential solution appears to be working, but only if governments are willing to step in and help. AdvertisementAdvertisementNPR found one example of a center offering free tuition to employees without state assistance in West Virginia. Many childcare centers may be forced to close.
Persons: , Kentucky Daniel Light, Sinead, ZipRecruiter, Luis Alvarez, Clive R Organizations: Service, Census Bureau, Center for American Progress, Bluegrass State, NPR, Bureau of Labor Statistics, Economic, Institute, Walmart, View, National Association for, Education of Young Locations: Kentucky, West Virginia, NPR , Kentucky
Dollar hovers near two-week lows ahead of inflation data
  + stars: | 2023-10-12 | by ( ) www.reuters.com   time to read: +3 min
The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023. The report comes ahead of the release on Thursday of September's consumer price index data, which is expected to show inflation moderated last month. "On the flip side, an upside surprise will likely encourage markets to reprice higher the chance the Federal Open Market Committee will follow through on its projected 25 basis point hike." Futures markets are pricing in a 26% chance of a 25 basis point hike in the December meeting and a 9% chance of a 25 basis point hike in November meeting, according to the CME FedWatch tool. The Japanese yen strengthened 0.03% to 149.11 per dollar, while sterling was last trading at $1.2311, flat on the day.
Persons: Jose Luis Gonzalez, Ryan Brandham, Carol Kong, Ankur Banerjee, Sam Holmes Organizations: REUTERS, Rights, Federal Reserve, Validus Risk Management, Fed, Commonwealth Bank of Australia, European Central Bank, Thomson Locations: Ciudad Juarez, Mexico, Rights SINGAPORE, U.S, North America, Tokyo, Singapore
LONDON, Oct 11 (Reuters) - Britain's King Charles and his wife Camilla will travel to Kenya for a four-day state visit at the end of this month where he will acknowledge "painful aspects" of its colonial past, Buckingham Palace said on Wednesday. Britain's King Charles III looks on during his visit to the Global Underwater Hub, where he met staff and learnt about their educational outreach programmes in Westhill, Aberdeenshire, Scotland, Britain September 29, 2023. "His majesty will take time during the visit to deepen his understanding of the wrongs suffered in this period by the people of Kenya," Fitzgerald said. The Kenyan visit, Charles' fourth official visit to the African nation, comes after the royal couple travelled to Germany in March and France last month, with both tours regarded as highly successful diplomatic trips. Reporting by Michael Holden, additional reporting by Sachin Ravikumar; editing by William James and Christina FincherOur Standards: The Thomson Reuters Trust Principles.
Persons: Britain's King Charles, Camilla, Buckingham, Charles, Queen Elizabeth, Prince Philip, King George VI, William Ruto, Chris Fitzgerald, Britain's King Charles III, Jane Barlow, Fitzgerald, Michael Holden, Sachin Ravikumar, William James, Christina Fincher Organizations: Kenyan, Thomson Locations: Kenya, Commonwealth, Britain, Westhill , Aberdeenshire, Scotland, British, Germany, France
LONDON (AP) — King Charles III will travel to Kenya later this month for a state visit full of symbolism: His mother, the late Queen Elizabeth II, learned she had become queen while visiting a game preserve in the East African nation in 1952. During the Oct. 31-Nov. 3 visit, Charles plans to meet with Kenyan President William Samoei Ruto and to visit Nairobi National Park, where he will have a chance to demonstrate his concern for environmental preservation and fighting climate change. In 1947, the future queen pledged lifelong service to Britain and the Commonwealth on her 21st birthday. Charles himself visited Kenya in 1971, and he attended the Commonwealth heads of government meeting in Rwanda in 2022. Charles became the symbolic head of the organization after the queen died last year, but the honor is not hereditary.
Persons: — King Charles III, Queen Elizabeth II, Charles ’, Charles, William Samoei Ruto Organizations: Kenyan, Commonwealth Locations: Kenya, East, Commonwealth, Nairobi, Africa, Britain, Rwanda, United Kingdom
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. A slew of Fed officials have signalled in recent days that the U.S. central bank may not need to tighten monetary policy much further than initially thought. Atlanta Fed Bank President Raphael Bostic said on Tuesday the central bank did not need to raise borrowing costs any further, and Minneapolis Fed President Neel Kashkari followed with similar remarks later in the day. U.S. Treasury yields have similarly tracked lower following the dovish Fed comments, with the two-year yield , which typically reflects near-term rate expectations, hitting a one-month low of 4.9260% on Tuesday. The offshore yuan , which touched a roughly one-month high of 7.2700 per dollar on Tuesday, last bought 7.2839.
Persons: Rick Wilking, Raphael Bostic, Neel Kashkari, Sterling, Thierry Wizman, Carol Kong, CBA's, Rae Wee, Jamie Freed Organizations: REUTERS, Rights, Treasury, dovish, Atlanta Fed Bank, Minneapolis Fed, U.S, Commonwealth Bank of Australia, New Zealand, Bloomberg, Thomson Locations: Westminster , Colorado, Rights SINGAPORE, U.S, Asia, CHINA, China
Summary Putin to visit KyrgyzstanPutin also to attend CIS summitArmenian PM Pashinyan not to attend CIS summitMOSCOW, Oct 11 (Reuters) - Vladimir Putin will visit Kyrgyzstan on Thursday, the presidential office of the Central Asian country said, in what would be the Russian leader's first known trip abroad since the International Criminal Court issued a warrant for his arrest. Putin agreed in May during talks with Japarov to visit Kyrgyzstan, but there has been no official confirmation yet from the Kremlin that the Russian president will travel there on Thursday. The Russian leader is also due to travel to China next week for the third Belt and Road Forum in Beijing. Neither Kyrgyzstan nor China are members of the ICC, which was established to prosecute war crimes. Pashinyan said on Tuesday that plans were proceeding for a meeting with the Azeri president to discuss a durable peace accord.
Persons: Putin, Kyrgyzstan Putin, Vladimir Putin, Sadyr, Japarov, Armenia Nikol Pashinyan, Pashinyan, Ilham Aliyev, Lidia Kelly, Guy Faulconbridge Organizations: CIS, MOSCOW, Central, ICC, Kremlin, Russian Federation, Forum, Russian Aerospace Forces, 999th Air Base, Commonwealth, Independent States, Thomson Locations: Kyrgyzstan, Russian, Ukraine, Russia, Kyrgyz Republic, China, Beijing, Moscow, Kant, Armenia, Bishkek, Soviet Union, Azerbaijan, Karabakh, EU, Brussels, Melbourne
Atlanta Fed Bank President Raphael Bostic said on Tuesday the central bank did not need to raise borrowing costs any further, and Minneapolis Fed President Neel Kashkari followed with similar remarks later in the day. U.S. Treasury yields have similarly tracked lower following the dovish Fed comments, with the two-year yield, which typically reflects near-term rate expectations, hitting a one-month low of 4.9260% on Tuesday. The focus now turns to minutes of the Fed's September policy meeting out later on Wednesday, which could offer further clues on its interest rate outlook. So I think markets are a little bit unsure whether that report is real," said CBA's Kong. The offshore yuan, which touched a roughly one-month high of 7.2700 per dollar on Tuesday, last bought 7.2839.
Persons: Raphael Bostic, Neel Kashkari, Sterling, Thierry Wizman, Carol Kong, CBA's Organizations: Treasury, dovish, Atlanta Fed Bank, Minneapolis Fed, U.S, Commonwealth Bank of Australia, New Zealand, Bloomberg Locations: U.S, Asia, China
Sonoma State University Courtesy: Sonoma State UniversityTo help make college a reality, Sonoma State University is trying a relatively new approach: High school students who have completed the requisite coursework and have a minimum 2.5 high school GPA are now "guaranteed admission" to the Rohnert Park, California-based school. Last spring, the State University of New York sent automatic acceptance letters to 125,000 graduating high school students. College enrollment is droppingSonoma State University Courtesy: Sonoma State UniversityStill, fewer students are going to college. More high schoolers want career trainingMost Americans still agree a college education is worthwhile when it comes to career goals and advancement. High schoolers are putting more emphasis on career training and post-college employment, the nonprofit found after polling more than 5,000 high school students six times since February 2020.
Persons: Ed Mills, Mills, Robert Franek, Franek, Lakhani, Doug Shapiro, Cole Clark, Connie Livingston Organizations: Sonoma, Sonoma State University, California State University, Finance, Princeton, Virginia Commonwealth University, State University of New York, Sonoma State University Still, Nationwide, CNBC, National Center for Education Statistics, Student Clearinghouse Research, College Board, Public, USA, ECMC Group, Junior Achievement, Citizens, Brown University Locations: , California, Sonoma State, Richmond , Virginia, New York, U.S
Middle East violence rattles markets, oil jumps
  + stars: | 2023-10-09 | by ( Reuters Staff | ) www.reuters.com   time to read: +5 min
MARKET REACTION:- Oil prices surged, with Brent crude trading at $87.25 a barrel - up over 3% on the day. COMMENTS:MOHIT KUMAR, CHIEF EUROPE ECONOMIST, JEFFERIES, LONDON:“The coming days are likely to be driven by geopolitical risks, rather than fundamentals. “Second, OPEC countries do have spare capacity that they restrict willingly to maintain oil price at above $80 (per barrel), but they don’t necessarily think of tripling oil prices – which would only accelerate the energy transition. “This being said, potential retaliation against Tehran is a serious upside risk for oil prices. We will keep an eye on developments, but don’t speculate on a full-blast rise in oil prices for now.”
Persons: Mohammed Salem, Israel’s shekel, MOHIT KUMAR, JEFFERIES, , ” CHRIS BEAUCHAMP, Brent, WTI, CAROL KONG, JPY, ” MICHAEL HEWSON, ALVIN TAN, Blinken, , ” IPEK OZKARDESKAYA, Israel Organizations: Oil, REUTERS, Brent, U.S, Treasury, British Airways, LONDON, Russo, COMMONWEALTH BANK OF, CMC, U.S ., OF, OF ASIA FX, RBS, SWISSQUOTE BANK Locations: Israel, Gaza, Egypt, Yom, EUROPE, Iran, Ukrainian, SYDNEY, Asia, Japan, Straits, Hormuz, OF ASIA, ” “, GENEVA, OPEC, U.S, Tehran
"Increasing geopolitical risk in the Middle East should support oil prices ... higher volatility can be expected" analysts from ANZ Bank said in a client note. An increase in Saudi output would have helped to relieve supply tightness after months of supply cuts from key producers Saudi Arabia and Russia. A normalisation of Saudi-Israeli relations would likely freeze recent moves toward detente between Saudi Arabia and Iran. "For this conflict to have a lasting and meaningful impact on oil markets, there must be a sustained reduction in oil supply or transport," Vivek Dhar, an analyst at Commonwealth Bank of Australia, said in a note. "If Western countries officially link Iranian intelligence to the Hamas attack, then Iran’s oil supply and exports face imminent downside risks," Dhar said.
Persons: Agustin Marcarian, Brent, WTI, Iran's, Vivek Dhar, Dhar, Andrew Hayley, Jamie Freed, Sonali Paul Organizations: REUTERS, Rights, Hamas, Brent, U.S, West Texas, Saturday, ANZ Bank, Israel, White, Commonwealth Bank of Australia, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Rights BEIJING, Palestinian, Israel, Gaza, Saudi Arabia, Washington, Riyadh, Saudi, Russia, Iran, Lebanon
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