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☆ Argentina presidential candidates trade barbs in first debate
▼ + stars: | 2023-10-02 | by ( Walter Bianchi | ) www.reuters.com time to read: +2 min

[1/3] Argentina Presidential candidate Sergio Massa of Union por la Patria party attends the presidential debate ahead of the October 22 general elections, at the National University of Santiago del Estero, in Santiago del Estero, Argentina October 1, 2023. Under Argentine law, two mandatory debates have to be held before the 22 October presidential election, where Argentine voters will be presented with radically different visions for the future. With growing skepticism among voters, the debate on economy, education, human rights and "democratic coexistence" took place with a pre-established format and strict rules that allowed little time for candidates to elaborate their points. On education, all candidates supported public education and on human rights they maintained their differences on the recent history of Argentina. The second debate addressing security, work and "human development, housing and environmental protection" will be held next Sunday in Buenos Aires.

Persons: Sergio Massa, Tomas Cuesta, Javier Milei, Milei, Massa, Patricia Bullrich, Drazen Jorgic Organizations: Argentina Presidential, por la Patria, National University of Santiago, REUTERS Acquire, Argentine, Thomson Locations: National University of Santiago del Estero, Santiago del Estero, Argentina, BUENOS AIRES, Italy, France, Germany, United States, Buenos Aires, Lincoln

☆ US Congress Debates Ukraine Aid as Pentagon Warns Money Running Low
▼ + stars: | 2023-10-02 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +4 min

Washington has sent the Kyiv government $113 billion in security, economic and humanitarian aid since Russia invaded in February 2022. A U.S. official said that, as of Monday, the Defense Department had $1.6 billion left to replace weapons sent to Ukraine, no funds left under the Ukraine Security Assistance Initiative (USAI) and $5.4 billion worth of Presidential Drawdown Authority. But he, and some other Republicans in both the House and Senate, refused to include more aid for Ukraine in the measure. We'll have another package of aid soon to signal our support for the brave people of Ukraine," Jean-Pierre said. "Today, DoD has exhausted nearly all available security assistance funding for Ukraine," McCord wrote in the letter, dated Sept. 29 and expressing concern that the stopgap spending bill did not include security assistance for Ukraine.

Persons: Patricia Zengerle WASHINGTON, Joe Biden's, Kevin McCarthy, Biden, McCarthy, Joe Biden, UKRAINE DRUMBEAT, Donald Trump, White, Matt Gaetz, Karine Jean, Pierre, Vladimir, Putin, Jean, Michael McCord, McCord, Lockheed Martin’s, Dmytro Kuleba, Patricia Zengerle, Mike Stone, Moira Warburton, Makini Brice, Steve Holland, Don Durfee, Alison Williams Organizations: Ukraine, Republican, Republicans, U.S, Defense Department, Ukraine Security Assistance Initiative, Congress, Senate, REPUBLICAN, Kyiv, Monday, White, Department of Defense, Pentagon, DoD, RTX, Lockheed, Democrats Locations: U.S, Washington, Kyiv, Russia, Ukraine, UKRAINE, Tucson , Arizona, Lockheed Martin’s Camden , Arkansas

U.S. Secretary of State Antony Blinken delivers remarks on PEPFAR at World AIDS Day event hosted by the Business Council for International Understanding in Washington, U.S. December 2, 2022. A deadline to renew long-term funding for the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR) passed on Saturday, despite a stop gap deal reached to avoid a government-wide shutdown. Smith insisted that PEPFAR should not be reauthorized unless it barred nongovernmental organizations that used any funding to promote or provide abortion services. Advocates say PEPFAR does not fund or provide abortion services and that none of its money goes directly or indirectly to fund abortion services. The State Department says more than $100 billion has been spent on the global HIV/AIDS response through the program, which has saved 25 million lives.

Persons: Antony Blinken, PEPFAR, Jonathan Ernst, Matthew Miller, Miller, Biden, George W, Bush, Chris Smith, Smith, Simon Lewis, Patricia Zengerle, Alistair Bell Organizations: Business Council, International, REUTERS, United, U.S, State, President’s, AIDS Relief, PEPFAR, Republican, The State Department, Thomson Locations: Washington , U.S, United States, Congress, U.S, Washington, Africa, PEPFAR

This was not a WWE wrestling show, but the 2023 presidential race in Argentina where political outsider Javier Milei is the leading candidate. Argentine presidential candidate Javier Milei for La Libertad Avanza coalition gestures next to Carolina Piparo, candidate for Governor of the Province of Buenos Aires, during a campaign rally in La Plata, Buenos Aires on September 12. Milei is presenting himself as the candidate of renewal – an offer that clearly struck a chord with people in the primary vote. “I’ll vote for Milei because I think he’ll change things,” says Eduardo Murchio, a taxi driver in Argentina’s capital Buenos Aires. A worker receives Argentine peso banknotes in a shop in Buenos Aires on Sept. 26, 2023.

Persons: “, Javier Milei, –, ”, Donald Trump, Jair Bolsonaro, Carolina Piparo, Agustin Marcarian, Trump, Milei, Milei’s, Eduardo Murchio, “ I’m, it’s, Erica Canepa, Milton Friedman –, Javier Marcus, Marcus, dollarizing, Bolsonaro, Teresa Fria, Pope Francis, Pope, Satan ”, “ Pope Francis, Emiliano Lasalvia, Patricia Bullrich, Sergio Massa, Massa, Cristina Fernandez de Kirchner, Bullrich, Anita Pouchard Serra, Claudio Jacquelin, Facundo Nejamkis Organizations: CNN, WWE, Argentine, La Libertad, National Institute of Statistics, Reuters, Bloomberg, Getty, Rosario National University, Trump, Catholic, CIA, Milei, Unity, Homeland, La, Español Locations: Argentina, Mar del Plata, Argentine, Carolina, Province of Buenos Aires, La Plata, Buenos Aires, Latin America, Ecuador, El Salvador, Panama, AFP, Argentina's

☆ Senior Senate Democrat Threatens to Block Military Aid to Egypt on Human Rights Grounds
▼ + stars: | 2023-09-30 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

By Matt Spetalnick and Patricia ZengerleWASHINGTON (Reuters) -The chairman of the U.S. Senate Foreign Relations Committee vowed on Saturday to block military aid and arms sales to Egypt if it does not take concrete steps to improve human rights in the country. Senator Ben Cardin issued the threat in a statement, saying "it is imperative that we continue to hold the government of Egypt, and all governments, accountable for their human rights violations." Much of the aid has been withheld in recent years over concerns about human rights abuses under the government of President Abdel Fattah al-Sisi. But President Joe Biden's administration announced this month it had decided to waive human rights restrictions on $235 million of the aid, citing security benefits to the U.S. It is currently withholding $85 million of the aid, a fraction of the $1.3 billion a year allocated for Egypt.

Persons: Matt Spetalnick, Patricia Zengerle WASHINGTON, Ben Cardin, Gregory Meeks, Bob Menendez, Menendez, Cardin, Abdel Fattah al, Joe Biden's, Patricia Zengerle, Daniel Wallis Organizations: U.S . Senate Foreign, Democratic U.S, U.S, Representatives Foreign, State Department, Senate Foreign Relations Committee, Democratic, Washington, Egypt Locations: Egypt, Washington, Israel

Senator Ben Cardin (D-MD) speaks at a committee meeting after assuming the chairmanship of the Senate Foreign Relations Committee at the U.S. Capitol on Capitol Hill in Washington, U.S., September 28, 2023. REUTERS/Craig Hudson/File Photo Acquire Licensing RightsWASHINGTON, Sept 30 (Reuters) - The chairman of the U.S. Senate Foreign Relations Committee vowed on Saturday to block military aid and arms sales to Egypt if it does not take concrete steps to improve human rights in the country. Much of the aid has been withheld in recent years over concerns about human rights abuses under the government of President Abdel Fattah al-Sisi. But President Joe Biden's administration announced this month it had decided to waive human rights restrictions on $235 million of the aid, citing security benefits to the U.S. It is currently withholding $85 million of the aid, a fraction of the $1.3 billion a year allocated for Egypt.

Persons: Ben Cardin, Craig Hudson, Gregory Meeks, Bob Menendez, Menendez, Cardin, Abdel Fattah al, Joe Biden's, Matt Spetalnick, Patricia Zengerle, Daniel Wallis Organizations: Senate Foreign, U.S, Capitol, REUTERS, Rights, U.S . Senate Foreign, Democratic U.S, Representatives Foreign, State Department, Senate Foreign Relations Committee, Democratic, Washington, Thomson Locations: Washington , U.S, Egypt, Washington, Israel

☆ Feinstein's death poses two big questions for US Senate Democrats
▼ + stars: | 2023-09-29 | by ( Richard Cowan | ) www.reuters.com time to read: +4 min

Filling the 90-year-old lawmaker's seat on the Senate Judiciary Committee touches one of the most critical levers of partisan power in Washington and will require cooperation from Republicans. "There is simply nobody who possessed the poise, gravitas and fierceness of Dianne Feinstein," Newsom said. JUDICIARY VACANCYFeinstein's death leaves a 10-10 deadlock on the Judiciary Committee, which is in charge of reviewing presidential nominations to federal courts, including the U.S. Supreme Court. With the Republican-controlled House blocking most attempts at bipartisan legislation, the Democratic Senate has focused this year on approving Democratic President Joe Biden's judicial nominees. Senate Republicans said on Friday they do not intend to contest a move to replace Feinstein on the committee after her death.

Persons: Dianne Feinstein, Gavin Newsom, Feinstein, Chuck Schumer, Schumer, NEWSOM Newsom, Newsom, Representative Barbara Lee, Adam Schiff, Katie Porter, Joe Biden's, Biden, That's, Donald Trump's, Republican Mitch McConnell, Barack Obama's, Antonin Scalia, Richard Cowan, Patricia Zengerle, Scott Malone, Cynthia Osterman Organizations: U.S . Senate, Capitol, California Democratic, Republicans, Democrats, Democratic Party, Democrat, Republican, Democratic, Liberal U.S, Representative, U.S, Committee, Supreme, Democratic Senate, Thomson Locations: Washington, WASHINGTON, U.S, California

☆ How would a government shutdown affect US foreign policy?
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +3 min

Some foreign aid programs could also run out of money or have trouble performing their missions. "It would make it harder to do everything that we do to try to advance national security." Contracts awarded before the shutdown would continue, and the Pentagon could place new orders for supplies or services needed to protect national security. SPY AGENCIESThe Central Intelligence Agencies and other intelligence agencies have not publicly shared their plans for a shutdown. But in the past, staff involved in operations, analysis and cyber activities have been deemed critical to national security and ordered to keep working, possibly without pay.

Persons: Joshua Roberts, Biden, Antony Blinken, Lockheed Martin, Patricia Zengerle, Daphne Psaledakis, Mike Stone, Don Durfee, Jonathan Oatis Organizations: REUTERS, Rights, STATE DEPARTMENT U.S, Department of State, State Department, Pentagon, Boeing, Lockheed, Raytheon, National Nuclear Security Administration, Central Intelligence Agencies, Thomson Locations: Washington , U.S, Russia, Ukraine, States, China, U.S

NEW YORK (AP) — Karin Engstrom thought she’d be paying off her federal student loans for the rest of her life. It also credits borrowers for periods before the pandemic when they were allowed to pause or reduce payments due to financial hardships. “Info: Your student loans have been forgiven,” the letter read. Borrowers who have made 20 or 25 years of qualifying payments (depending on the repayment plan) qualify, if they hold direct loans or Federal Family Education Loans with the Education Department, including borrowers with Parent PLUS loans. The official Federal Student Aid guide to the Income Driven Repayment adjustment is a good resource for updates.

Persons: — Karin Engstrom, she’d, Biden, It's, servicers, Engstrom didn't, Harris, ” Engstrom, ” Patricia Vener, Saavedra, “, ”, who's, “ He's, Vener, Charles Schwab Organizations: Department of Education, Federal, Aid, Harris Administration, Edfinancial Services, WHO, Family, Education Department, Parent, WHAT, IF, of Education, Associated Press, Charles, Charles Schwab Foundation, Inc, AP Locations: Hamden , Connecticut

Saudi Crown Prince Mohammed bin Salman receives U.S. President Joe Biden at Al Salman Palace upon his arrival in Jeddah, Saudi Arabia, July 15, 2022. Washington could also sweeten any deal by designating Saudi Arabia a Major Non-NATO Ally, a status already given to Israel, the U.S. source said. "Saudi Arabia supports a peace plan for the Palestinians, but this time it wanted something for Saudi Arabia, not just for the Palestinians." SEEKING ISRAELI COMMITMENTSIsrael's Prime Minister Benjamin Netanyahu has hailed the possibility of a "historic" peace with Saudi Arabia, the heartland of Islam. Yet, even if the U.S, Israel and Saudi Arabia agree, winning support from lawmakers in the U.S. Congress remains a challenge.

Persons: Prince Mohammed bin Salman, Joe Biden, NATO Ally, Biden, Washington, Benjamin Netanyahu, Netanyahu, Mahmoud Abbas, Jamal Khashoggi, China, Samia Nakhoul, James Mackenzie, Dan Williams, Ali Sawafta, Aziz El Yaacouby, Steve Holland, Matt Spetalnick, Humeyra Pamuk, Patricia Zengerle, Edmund Blair Organizations: Al, Saudi Royal Court, REUTERS Acquire, Defence, NATO, Saudi, U.S, U.S . Navy Fifth, Saudi Arabia, U.S . State Department, U.S . Atomic Energy, Israel's, MbS, Fox, Israel, West Bank, Palestinian Authority, West, Biden's Democratic Party, Washington Post, Congress, Thomson Locations: Saudi, Jeddah, Saudi Arabia, Bandar, Bahrain, Washington, Israel, United States, U.S, Riyadh, Iran, Tehran, Japan, Egypt, West Bank, East Jerusalem, Yemen, Beijing, Dubai, Jerusalmen

☆ Rare Aztec ritual offerings put on display in Mexico exhibit
▼ + stars: | 2023-09-29 | by ( David Alire Garcia | ) www.reuters.com time to read: +4 min

Reuters gained exclusive access to the exhibit at the Mexican capital's Templo Mayor Museum before it opened. Most of the pieces on display were excavated from the ruins of the Aztecs' holiest shrine, now adjacent to the museum. "These are very fragile objects, very delicate," said exhibit curator Maria Barajas, standing next to a lineup of small carved masks. Most wooden artifacts quickly decompose and can only withstand the test of the time with constant temperature and moisture levels, Barajas said. Reporting by David Alire Garcia; Editing by Stephen Eisenhammer, Rami Ayyub and Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

Persons: scepters, Maria Barajas, Barajas, Adriana Sanroman, Sanroman, Patricia Ledesma, David Alire Garcia, Stephen Eisenhammer, Rami Ayyub, Sonali Paul Organizations: MEXICO CITY, Reuters, Templo, Museum, Aztecs, Thomson Locations: MEXICO, Mexico City

WASHINGTON, Sept 28 (Reuters) - The Senate Foreign Relations Committee's new chairman on Thursday said he would look at Turkey's $20 billion Lockheed Martin (LMT.N) F-16 fighter jet deal and that more issues than Sweden's ascension to NATO would affect the decision on lifting his predecessor's longstanding hold. Cardin said he had discussed Sweden's NATO accession with Turkish officials at a NATO ambassador's meeting on Wednesday. Leaders of the U.S. Senate and House foreign affairs panels review every major foreign arms sale. "Menendez being out of the picture is an advantage," Erdogan was quoted as telling reporters by Turkish media. The top Republican on the Senate panel, Senator Jim Risch, has put a hold on arms sales to Hungary over the issue.

Persons: Lockheed Martin, Ben Cardin, Cardin, Bob Menendez, Tayyip Erdogan's, Menendez, Nadine Menendez, Erdogan, Sweden's, Jim Risch, Patricia Zengerle, Jonathan Oatis Organizations: Relations, Lockheed, Turkish, NATO, U.S . Senate, Kurdistan Workers Party, Republican, Thomson Locations: NATO, Sweden, Greece, Ankara, Stockholm, Turkey, Finland, Russia, Ukraine, Hungary, Budapest

☆ How West Africa Can Reap More Profit From the Global Chocolate Market
▼ + stars: | 2023-09-28 | by ( Patricia Cohen | More About Patricia Cohen | ) www.nytimes.com time to read: +1 min

Fairafric, which buys beans from roughly 70 small farmers in the eastern region of Ghana, goes further, paying a premium for its organically grown beans — an additional $600 per ton above the global market price. Farmers harvest the ripe yellow pods by hand, and then crack them open with a cutlass, or thick stick. Attendance is down, the principal said, because the school has not been included in the government’s free school feeding program. Fairafric also installed a free canteen so all the factory shifts can eat breakfast, lunch or dinner on site. But “if you want to get the full benefit,” he said, “you have to go beyond just selling beans.”

Persons: Fairafric, Marmon, Halm, ” Organizations: Farmers Locations: Ghana, Budu

Senator Ben Cardin (D-MD) during a Senate Foreign Relations Committee hearing on "Accountability for Russian Atrocities in Ukraine", on Capitol Hill in Washington, U.S., May 31, 2023. It is the second time Cardin, a senior senator known for human rights advocacy, replaces fellow Democrat Menendez in committee leadership. Cardin also stepped in from April 2015 to February 2018 after Menendez faced federal corruption charges that were later dropped. Less hawkish than Menendez, Cardin has focused on human rights throughout his career, notably by authoring the Magnitsky Act, named for a lawyer who exposed corruption in Russia before dying in prison. Passed in 2012 and expanded globally in 2016, the act allowed the U.S. government to sanction individuals involved in human rights violations, not just governments.

Persons: Ben Cardin, Julia Nikhinson, Bob Menendez, Menendez, Cardin, Barack Obama's, Joe Biden's, Patricia Zengerle, Timothy Gardner Organizations: Foreign, Russian Atrocities, Capitol, REUTERS, Rights, U.S . Senate Foreign Relations, Democratic, Communist, Obama's, Thomson Locations: Ukraine, Washington , U.S, Russia, Cuba, Venezuela, Iran, Egypt

☆ Buenos Aires central square becomes nighttime soup kitchen as poverty hits 40%
▼ + stars: | 2023-09-27 | by ( Miguel Lo Bianco | ) www.reuters.com time to read: +2 min

Demonstrators camp outside the Casa Rosada Presidential Palace, as unemployed and informal workers protest to demand more subsidies from the national government, at Plaza de Mayo in Buenos Aires, Argentina April 19, 2023. Standing in a long line for food in the central square that is flanked by the Casa Rosada presidential palace, Erica Maya, 45, told Reuters she could earn just 3,000-4,000 pesos working all day collecting cardboard, worth $4 at real exchange rates. "We estimate the level of poverty in Argentina at 40% of the population," said Eduardo Donza, from the Social Debt Observatory of the Catholic University. "I have resorted to selling tortillas to find a way for my family and my daughter to survive," said Diego Ortiz, 30, as he cooked flour tortillas over hot coals in a Buenos Aires suburb. Reporting by Miguel Lo Bianco; Writing by Nicolas Misculin; Editing by Adam Jourdan and Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

Persons: Mariana Nedelcu, Erica Maya, Sergio Massa, Javier Milei, Conservative Patricia Bullrich, Eduardo Donza, Donza, Diego Ortiz, Miguel Lo Bianco, Nicolas Misculin, Adam Jourdan, Rosalba O'Brien Organizations: Casa, Plaza de Mayo, REUTERS, Reuters, Peronist, Economy, Conservative, Social, Catholic University, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, de Mayo

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, September 26, 2023. Brendan McDermid | ReutersA majority of Wall Street investors haven't taken solace in stocks' 2023 gains, thinking the market could retreat further as risk of a recession creeps up, according to the new CNBC Delivering Alpha investor survey. Zoom In Icon Arrows pointing outwardsMore than 60% of respondents believe the stock market's gain this year has just been a bear market bounce, seeing more trouble ahead. A total of 39% of investors believe we are already in a new bull market. The market also contended with a rally in crude oil as well as a 10-week winning streak for the dollar.

Persons: Brendan McDermid, Stocks Organizations: New York Stock Exchange, Reuters, Wall Street, CNBC Delivering Alpha, CNBC, Federal Reserve Locations: New York City

Bullrich, a conservative former lawmaker and security minister, is running against center-left candidate Sergio Massa and Javier Milei, a radical libertarian. The advisor claimed that IMF officials would likely support Bullrich's approach. They told us, 'If you win and put this program on the table and it begins to advance, we will be giving it the necessary support,'" said Martinez Maino. Former President Mauricio Macri, a member of Bullrich's party, renegotiated a previous IMF loan deal for $44 billion in 2018. Bullrich aims to grow foreign investment, said Martinez Maino, adding that he and the candidate's would-be pick for economy minister, Carlos Melconian, will travel this week to New York to meet with banks and investors.

Persons: Patricia Bullrich, Facundo Martinez Maino, Sergio Massa, Javier Milei, Milei, Martinez Maino, Mauricio Macri, Bullrich, Carlos Melconian, Lucila Sigal, David Alire Garcia Organizations: International Monetary Fund, Thomson Locations: BUENOS AIRES, August's, South, New York

CNN —Former Spain women’s soccer coach Jorge Vilda, Spanish national team director Albert Luque, and Royal Spanish Football Federation (RFEF) marketing director Rubén Rivera have been summoned to testify as suspects as part of the case against RFEF’s former president Luis Rubiales, Spain’s National Court announced on Wednesday. “The judge of the National Court Francisco de Jorge has summoned former women’s national team coach Jorge Vilda and men’s national team director, Albert Luque, and RFEF marketing director, Rubén Rivera, to testify as suspects in the case … on October 10,” the court said in a statement. Patricia Pérez, press manager of the women’s team and Miguel Garcia Caba, RFEF’s former director of integrity are set to testify on Thursday, according to the court. The naming of Vilda and the others as suspects comes as the Spain’s women’s national team looks to move on from the incident which marred its World Cup celebrations. However, despite being called up to the national team, many players had refused to participate until sweeping, structural changes were made by RFEF.

Persons: Jorge Vilda, Albert Luque, Rubén Rivera, Luis Rubiales, Jennifer Hermoso, Luque, Rivera, Francisco de Jorge, “, ”, Patricia Pérez, Miguel Garcia Caba, Caba, RFEF, Linnea Rheborg, Rubiales, de Jorge Organizations: CNN, Spain women’s, Spanish, Royal Spanish Football Federation, National, men’s, ” CNN, Women’s Nations League Locations: Rubiales, Spain, Sweden, Vilda, Switzerland

☆ ‘8 Mile’ actor Nashawn Breedlove dead at 46
▼ + stars: | 2023-09-27 | by ( Jack Guy | ) edition.cnn.com time to read: +1 min

CNN —Rapper Nashawn Breedlove, best known for appearing in a rap battle against Eminem in the 2002 movie “8 Mile,” has died at age 46. His mother, Patricia Breedlove, confirmed his death in a post on Facebook published Tuesday. “It is with a heavy heart that I share the news of my beloved son Nashawn Breedlove’s passing. Many of you knew him by his alias’ Lotto, ox’, a name that echoed his resilience and determination,” she wrote. “Nashawn was a rapper, singer, songwriter, and actor.

Persons: Nashawn Breedlove, Eminem, ”, Patricia Breedlove, Nashawn Breedlove’s, ’, “ Nashawn, Breedlove, “, Eminem …, Mickey Factz Organizations: CNN, Facebook, Eminem … Lotto

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Persons: Dow Jones

☆ The US dollar and Argentine peso could exist side by side, says rival to presidential frontrunner Milei
▼ + stars: | 2023-09-26 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Argentine presidential candidate Patricia Bullrich wants both the dollar and peso to be official currencies. This represents a different take versus full dollarization, a policy advocated by frontrunner Javier Milei. "The peso and the dollar will coexist," Carlos Melconian, her chief economic advisor, said at the Bloomberg Economic Summit in Buenos Aires. "There will be a complementary exchange rate regime that will be step by step, and will take inflation into account." "There is going to be very severe and prudent macroeconomic policy in Argentina," Melconian said, according to Bloomberg.

Persons: Patricia Bullrich, Javier Milei, Bullrich, —, Milei, Carlos Melconian, Melconian Organizations: Argentine, Service, US greenback, Bloomberg Economic Summit, Bloomberg Locations: Buenos Aires, Argentina

☆ JPMorgan will pay $75 million to settle US Virgin Islands Jeffrey Epstein sex-trafficking claims
▼ + stars: | 2023-09-26 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

JPMorgan is paying $75 million to settle a lawsuit from the US Virgin Islands over links with Jeffrey Epstein. JPMorgan is still pointing fingers at the US Virgin Islands, saying the funds will be used to shore up its law enforcement. AdvertisementAdvertisementJPMorgan Chase has agreed to pay $75 million to settle a civil lawsuit from the US Virgin Islands over claims that it facilitated Jeffrey Epstein's sex trafficking operation. The funds come on top of the $290 million JPMorgan Chase has already agreed to settle a separate class-action lawsuit brought by Epstein victims, to fund a compensation program. Epstein owned two islands in the US Virgin Islands, which were sold by his estate earlier this year to billionaire Stephen Deckoff for $60 million.

Persons: Jeffrey Epstein, Jes Staley, —, Chase, Jeffrey Epstein's, Motley, JPMorgan Chase, Epstein, Staley, Stephen Deckoff, Denise George, Ariel M, Smith, Patricia Wexler, Wexler, Ghislaine Maxwell Organizations: JPMorgan, US Virgin Islands, Service, US, Islands, Motley Rice LLC, Barclays, Virgin, Virgin Islands, Department, Justice, Deutsche Bank Locations: Virgin, Manhattan

REUTERS/Mike Segar Acquire Licensing RightsWASHINGTON, Sept 26 (Reuters) - Charges that Senator Bob Menendez accepted bribes in exchange for wielding his influence to aid the Egyptian government prompted calls in the U.S. Congress on Tuesday for the Biden administration to rethink $235 million in military aid to Cairo. Democratic Senator Chris Murphy, who chairs the Senate Foreign Relations Committee's Middle East subcommittee, said he hoped the committee would investigate the allegations and Egypt's involvement. "I have not talked to colleagues about this yet, but obviously this raises pretty serious questions about Egypt, Egypt's conduct," he said. The indictment against Menendez also says he had close relationships with members of Egypt's intelligence services and held meetings to discuss U.S. military aid. He has stepped down temporarily from his role as chairman of the powerful Senate Foreign Relations Committee.

Persons: Robert Menendez, Nadine Menendez, Mike Segar, Bob Menendez, Biden, Chris Murphy, Menendez, Murphy, Joe Biden's, Don Beyer, Beyer, Patricia Zengerle, Tom Hogue Organizations: REUTERS, Rights, U.S, Congress, Democratic, Relations, Foreign Relations, Egypt Human Rights Caucus, U.S . Senate, CNN, Thomson Locations: Jersey, Union City , New Jersey, U.S, Cairo, Egypt, Washington

Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicCalifornia is poised to become the first state to outlaw discrimination based on a person’s caste. The system of social stratification, which dates back thousands of years, has been outlawed in India and Nepal for decades. Amy Qin, a correspondent who covers Asian American communities for The Times, explains why so many believe that a prejudice that originated on the other side of the globe now requires legal protection in the U.S. — and why so many are equally convinced that it would be a bad idea.

Persons: Amy Qin Organizations: Spotify, Amazon Music, The Times Locations: Amazon Music California, India, Nepal, U.S

Those advocates still face one giant hurdle: FDA regulators say the treatment hasn't been shown to work. But with the backing of thousands of ALS patients, Brainstorm took the rare step of “filing over protest,” essentially forcing the agency to render a decision. Still, ALS patients see reasons for optimism. At Wednesday’s meeting, people with such reservations are certain to be outnumbered by appeals from ALS patients and their families. That compromise would be similar to FDA's approach to Relyvrio last year, another ALS drug with questionable data.

Persons: Lou Gehrig’s, drugmaker, they’re, ”, Marc Scheineson, Brian Wallach, Wallach, “, Brainstorm’s, NurOwn, Patricia Manhardt, Anthony Windebank, reanalyzing, weren’t, Terry Heiman, Patterson, it’s, Holly Fernandez Lynch, Matthew Perrone Organizations: WASHINGTON, Drug Administration, FDA, drugmakers, Congress, Obama White House, ALS Association, Mayo Clinic, Physicians, Temple University, University of Pennsylvania, Twitter, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP

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