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By Tuesday evening, Israeli Prime Minister Benjamin Netanyahu’s office announced it would prohibit non-Muslims from entering the holy site for the rest of Ramadan. “I see these visits as a raid on our holy site,” he said. That status quo is slowly being chipped away, says Sheikh Rani Abusibr, an Imam of nearly twenty-years at Al-Aqsa. There was a heightened security presence at the holy site when Easter, Ramadan, and Passover celebrations overlapped. Without the status quo arrangement being enforced, there are fears that an already tumultuous region could spiral out of control.
Aurora and Waymo instead want to use warning beacons mounted on the truck cab to avoid needing human drivers. Waymo and Aurora say that without an exemption driverless trucks would need a human on board, which would "undermine the efficiency potential of autonomous CMVs." Waymo responded that the "exemption we put forward would permit compliant autonomous trucking operations while maintaining a high standard of safety." In the joint filing, Aurora said it maintains 28 Class 8 self-driving trucks that run on public roads, primarily in Texas, while Waymo listed 48 Class 8 trucks. Legislation to speed the deployment of self-driving vehicles and ease hurdles has been stalled for more than five years in Congress.
The latter could slam global growth back to about 1% this year, effectively a recession on a per-capita GDP basis. 'PERILOUS' RISKSThe IMF's Global Financial Stability Report warned of a "perilous combination of vulnerabilities" in financial markets, saying that some participants had failed to adequately prepare for the impact of interest rate increases. Despite the warnings, the IMF's chief economist, Pierre-Olivier Gourinchas, said inflation is still the bigger problem and that price stability should take precedence over financial stability risks for central banks' monetary policy. Only in the event of a very severe financial crisis should those priorities be reversed, he said in a news conference. She added that the global financial system was also resilient due to reforms enacted after the 2008 financial crisis.
World stocks hope for Fed pause, dollar stalls
  + stars: | 2023-04-11 | by ( Herbert Lash | ) www.reuters.com   time to read: +6 min
Gold climbed back up above the key $2,000 per ounce level as the dollar came off Monday's peak, while oil prices rose despite Chinese inflation data pointing to persistently weak demand. Investors are eagerly awaiting U.S. consumer prices data on Wednesday and producer prices on Thursday. The consumer price index is expected to show core inflation rose 0.4% on a monthly basis (USCPF=ECI) and 5.6% year-over-year (USCPFY=ECI) in March, according to a Reuters poll of economists. The dollar fell after a strong U.S. jobs report for March showed a resilient labor market, adding to expectations of another Fed rate hike. The dollar index fell 0.244%, with the euro up 0.41% to $1.0904 and the yen weakening 0.12% at 133.78 per dollar.
Aurora and Waymo instead want to use warning beacons mounted on the truck cab to avoid the need for human drivers. It urged the safety board to ensure "rigorous oversight and standards" before widespread deployment of such new technologies. Waymo and Aurora say that without an exemption driverless trucks would need to have a human on board, which would "undermine the efficiency potential of autonomous CMVs." Legislation to speed the deployment of self-driving vehicles and ease hurdles has been stalled for more than five years in Congress. A bill to advance self-driving cars approved by the U.S. House in 2017 applied to vehicles under 10,000 pounds -- but not large commercial trucks.
REUTERS/Elizabeth FrantzWASHINGTON, April 11 (Reuters) - U.S. Treasury Secretary Janet Yellen on Tuesday said she remained vigilant to downside risks facing the global economy, given Russia's ongoing war against Ukraine and banking pressures, but the overall outlook was "reasonably bright." Yellen, speaking at a news conference, pushed back against warnings by the International Monetary Fund of bigger risks associated with severe financial tensions. "I wouldn't overdo the negativism about the global economy," Yellen said, when asked about a slightly trimmed IMF global growth forecast for 2023 which warned that a flare-up of financial system turmoil could slash output to near recessionary levels. She said the U.S. banking system remained sound, with strong capital and liquidity positions, and the global financial system is resilient due to the significant reforms enacted after the 2008 financial crisis. Yellen told reporters the global economy was in a better place than projected last fall, with energy and food prices having stabilized and supply chain pressures continuing to ease.
The consumer price index is expected to show core inflation rose 0.4% on a monthly basis (USCPF=ECI) and 5.6% year-over-year (USCPFY=ECI) in March. The two-year Treasury yield, which typically moves in step with interest rate expectations, rose 3.5 basis points to 4.043%. "We're just beginning to feel the pain of these much higher interest rates. The dollar fell after a strong U.S. jobs report for March showed a resilient labor market, adding to expectations of another Fed rate hike. The 10-year JGB yield fell to as low as 0.445%, its lowest since April 4, after hovering at 0.465% in the previous session.
The IMF's U.S. outlook improved slightly, with growth in 2023 forecast at 1.6% versus 1.4% forecast in January as labor markets remain strong. "Our advice is for monetary policy to remain focused on bringing down inflation," IMF chief economist Pierre-Olivier Gourinchas told reporters. The report included two analyses showing financial turmoil causing moderate and severe impacts on global growth. This "moderate tightening" of financial conditions could slice 0.3 percentage point off of global growth for 2023, cutting it to 2.5%. This scenario could slash 2023 growth by as much as 1.8 percentage points, reducing it to 1.0% - a level that implies near-zero GDP growth per capita.
He will give a speech in Northern Ireland on Wednesday, before traveling south of the border to the Republic of Ireland, where he will remain until Friday. Northern Ireland is part of the U.K. while the Republic of Ireland is a separate nation state that remains part of the EU. "Whilst it's positive in many ways — particularly on movement of food and medicines between Great Britain and Northern Ireland, it really removes a lot of the frictions — it doesn't deal with all the problems of the Northern Ireland protocol, so I'm afraid it's unfinished business," Villiers told CNBC's Tania Bryer. Clinton became the first sitting U.S. President to visit Northern Ireland and the first to appoint a U.S. special regional envoy. Though Biden is expected to use the trip to promote a return to functioning government in Stormont, his previous support for the Northern Ireland Protocol has drawn criticism from DUP politicians.
For years, Chinese fishermen trawling for fish, shrimp and crab have played cat and mouse with Taiwanese authorities as they closely track boats that near the median line of the Taiwan Strait. MEDIAN LINEOn Saturday, Taipei said more than 40 Chinese planes crossed the Taiwan Strait's "median line", which Beijing does not recognise. Deteriorating relations have made Chinese fishermen more afraid of approaching the line. Several times last year, Taiwan's coast guard detained Chinese fishing crew members, citing illegal trawling, according to official statements. ($1 = 6.8681 Chinese yuan renminbi)Reporting by Josh Arslan and Thomas Peter; Writing by Ella Cao and Ryan Woo.
JERUSALEM/GAZA, April 7 (Reuters) - Israel reinforced troops near its borders with Lebanon and Gaza on Friday following a flare-up in violence that threatened to spiral out of control after police raids this week on the Al-Aqsa mosque in Jerusalem. [1/4] Smoke and flames rise during Israeli airstrikes in Khan Younis in the southern Gaza Strip, April 7, 2023. Before noon on Friday, however, Israel's military said residents near the Gaza frontier no longer needed to keep close to bomb shelters. "Who wants war? No one, but also we can’t stand these brutal assaults on worshippers in Al-Aqsa," he said.
BELGRADE, April 7 (Reuters) - Serbia's President Aleksandar Vucic said on Friday that ethnic Serbs in northern Kosovo will not participate in local elections due to be held later this month - a move likely to aggravate current disagreements over Pristina's rule. The elections for municipal bodies were postponed in December 2022 after Serbs blocked roads and border crossings. Representatives of Serbs from northern Kosovo, including the Belgrade-backed Serbian List party, want to see an association of Kosovo Serb municipalities set up before they take part in the vote. Kosovo Prime Minister Albin Kurti has repeatedly called on Serbs to participate in the local vote. Reporting by Aleksandar Vasovic in Belgrade and Fatos Bytyci in Kosovo; Editing by Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.
Salvoes of rockets from Lebanon and Gaza struck north and south in Israel over the past day and the Israeli military replied with air strikes. Palestinian militant group Hamas, which rules Gaza, praised the shooting attack but stopped short of claiming responsibility. [1/3] Israeli troops stand guard at a shooting attack scene in the Jordan Valley, in the Israeli-occupied West Bank April 7,2023. With the international-led peace process long moribund, Palestinians' hopes of creating an independent state in the West Bank and Gaza, with East Jerusalem as its capital, have faded. Israel's new hard-right government is set on expanding Jewish settlements in the West Bank and includes members who rule out a Palestinian state.
[1/2] Flames emerge from flare stacks at Nahr Bin Umar oil field, north of Basra, Iraq March 9, 2020. REUTERS/Essam Al-Sudani/File PhotoLONDON, April 5 (Reuters) - Oil prices were stable on Wednesday, as the market weighed gloomy economic prospects against expectations of U.S. crude inventory declines and OPEC's voluntary output cuts announcement. Bullish sentiment continued after voluntary cuts pledged by the Organization of Petroleum Exporting Countries and allies including Russia, a group known as OPEC+. However, weak manufacturing activity in the U.S. and China - the two biggest oil consumers - have capped oil oil price gains. Record Russian diesel flows to the Middle East in March, and the sluggish performance of middle distillates contracts have "acted acted as a brake on any attempt to push crude oil prices meaningfully higher," Varga said.
Shortly after the opening bell, we will be exiting our position in Devon Energy (DVN), selling 500 shares at roughly $53.71. Now that our trading restrictions have cleared, we are selling the rest of our Devon Energy position into its recent strength. Last month we laid out a few reasons why our plan was to part with Devon Energy but keep Pioneer Natural Resources (PXD) and Coterra Energy (CTRA). With our exit of Devon Energy, we'll realize an average loss of about 7.7% on our last remaining shares. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Dozens of fires have already been put off by emergency services in Asturias and the neighboring region of Cantabria over the past two days. [1/6] Firefighters use a controlled burn to tackle a wildfire in Setienes, Asturias, Spain, March 31, 2023. In the past, intentional fires have often been linked to pastoralists seeking to gain more grazing land for their cattle. The densely-forested mountainous region is one of Spain's rainiest areas, though fires are common in March, according to the regional government. A combination of scarce rainfall, high temperatures and winds has placed most of northern Spain at a high wildfire risk.
Target prides itself on being an extraordinarily customer-centric retailer, but some shoppers push that too far, according to workers. At Target, where shoppers are referred to as "guests," one worker in Texas said that motto would be right at home. That's kind of the culture that we have at Target," the worker said, a sentiment echoed by workers from four more states who spoke with Insider. "I don't think guests realize just exactly how they're coming across to us and how privileged it all feels," the Oklahoma worker said. If you are a Target worker who would like to share your perspective, please get in touch with Dominick via email.
WASHINGTON, March 30 (Reuters) - U.S. President Joe Biden will veto a Republican-backed bill to overturn police reforms in Washington, D.C., if it passes in Congress, a White House official said on Thursday. Some Republicans say the Washington, D.C., law is hostile towards the police. Biden took heat from within his own party for signing a Republican-led bill last week that blocked a D.C. law lowering penalties for some crimes. Congressional oversight of Washington, D.C., is written into the U.S. Constitution, and the city's 700,000 residents do not have voting representation in Congress. Tensions often flare between Republican lawmakers and the heavily Democratic city, including over policing, criminal code and voting reforms just this year.
The sun blasted Earth with a powerful X-class solar flare on Tuesday, causing radio blackouts. Three more moderate solar flares followed, and we could see more eruptions in the coming days. This may be a precursor to even more solar activity in the coming days. NASA/SDOThat report forecast a chance of more M-class flares in the coming days, with a "slight chance" of another X-class flare on Thursday. More often, though, solar activity triggers energetic displays of Northern Lights, or aurora borealis, sometimes pushing them further south than their normal Arctic occurrence.
WASHINGTON, March 30 (Reuters) - U.S. President Joe Biden will veto a Republican-backed bill to overturn police reforms in Washington, D.C., if it passes in Congress, a White House official said on Thursday. Some Republicans say the Washington, D.C., law is hostile towards the police. Biden took heat from within his own party for signing a Republican-led bill last week that blocked a D.C. law lowering penalties for some crimes. Congressional oversight of Washington, D.C., is written into the U.S. Constitution, and the city's 700,000 residents do not have voting representation in Congress. Tensions often flare between Republican lawmakers and the heavily Democratic city, including over policing, criminal code and voting reforms just this year.
PowerPoint presentations are a powerful tool for your work life. In fact, their use is so popular "presentation design" is one of the most in-demand freelancer skills for 2023, according to work marketplace Upwork. Courtney Allen has been designing PowerPoints professionally since 2013. She knew there was a future in designing them; now she's made more than 1,000 and brought in $2 million creating them on Upwork. It's less about "your personal design preferences and more designing to who you're talking to."
The fact that Charles had picked France and Germany for his first state visit, even before his coronation in May, was an important "European gesture", said German President Frank-Walter Steinmeier, who greeted Charles and his wife Queen Consort Camilla in Berlin. "Today, exactly six years after Britain started its exit from the European Union, we are opening a new chapter in our relations," Steinmeier said. [1/14] Britain's King Charles III and German President Frank-Walter Steinmeier review an honor guard during a ceremonial welcome at Brandenburg Gate in Berlin, on March 29, 2023. Steinmeier said he had invited Charles to visit Germany at Elizabeth's funeral last September. However, any warmer relations with Europe brought about by the visit could cool if other post-Brexit issues flare up.
Two huge coronal holes, dozen of times the size of the Earth, have appeared on the sun. These coronal holes can spew solar winds at 1.8 million mph toward our planet, which can cause stunning auroras and disrupt satellites. Coronal holes aren't actually holes in the sunA coronal hole rotates across the face of the sun, streaming solar wind towards Earth, February 1, 2017. Coronal holes happen in the "corona," the atmosphere of the sun, and can only be seen in UV or X-ray light. We could see this month's coronal holes again next monthThe coronal hole came into view as the sun rotated.
US President Joe Biden and China's President Xi Jinping (L) shake hands as they meet on the sidelines of the G20 Summit in Nusa Dua on the Indonesian resort island of Bali on November 14, 2022. "Right now, there is no trust," he told "Squawk Box Asia" on Tuesday, who is currently attending the China Development Forum in Beijing. watch now"The balloon was a spark that really put us on a swift downhill descent," Roach added. The office did not provide details of her itinerary while in the U.S. On Taiwan, China has repeatedly said the issue is an internal affair. Every single Taiwan president in recent memory has done this," White House National Security Council spokesman John Kirby, said at a press briefing last week.
[1/2] Britain's King Charles and Queen Camilla leave after their visit to the Bolton Town Hall, in Bolton, Britain January 20, 2023. Steinmeier, said it was an important "European gesture" that Charles had chosen France and Germany for his first state visit, even before his coronation in May. Steinmeier said he had extended an invitation to Charles, who has traveled to Germany more than 40 times, at the funeral of his mother last September. However, any warmer relations with Europe brought about by the visit could cool quickly if other post-Brexit issues flare up. Macron has suggested Charles' visit to France could be rescheduled for the summer.
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