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☆ Belt and Road Forum: Beijing to host global gathering as Xi Jinping lays out China's vision
▼ + stars: | 2023-10-15 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

Russia’s Vladimir Putin, whose on-going assault on Ukraine is another major point of global instability and division, is expected to attend. The last time he was in Beijing was for the Winter Olympics opening ceremony in early 2022. Winning backing for China’s global leadership from a broad swath of developing and emerging economies is key to Xi’s strategy to push back against perceived international threats, analysts say. Overseas development finance from China’s two major development banks has also decreased significantly since a peak in 2016, the report’s data show. Ten years on, Chinese decision makers are becoming “more selective and more calculating” about the benefits of their financing, she said.

Persons: Xi Jinping, laud China’s, –, weren’t, Russia’s Vladimir Putin, ”, Craig Singleton, “, Kenya . Han Xu, Li Mingjiang, ” Jonathan Fulton, Luiz Inacio Lula da Silva, Cyril Ramaphosa, Narendra Modi, Sergei Lavrov, Alet Pretorius, ” It’s, Liang, Yun Sun Organizations: CNN, Global, Initiative, Foundation for Defense, Democracies, Getty, Communist Party, Hamas, Singapore’s Nanyang Technological University, Officials, Atlantic Council, Indian, Russia's, Boston University Global Development, Center, World Bank, Overseas, China’s National, Reform, China Program, Stimson Locations: China, Beijing, United States, Israel, Gaza, Ukraine, Ukraine’s, Washington, Kenya ., Xinhua, Russia, Moscow, China’s, Abu Dhabi, Fulton, Johannesburg, New Delhi, saddling

"But there is no doubt this war will have fiscal implications that will depend on its intensity and duration," he said in published remarks. "However, with the appropriate budget adjustments, ones that I believe are manageable, there should be no major changes to our fundamental fiscal position." He noted that Israel entered this war with a very solid fiscal position - a debt-to-GDP ratio just below 60% and a budget deficit of around 1.5% of GDP with similar projections for 2024. The central bank, Yaron noted, was using a variety of policy tools to assure the continuing functioning of the markets. Yaron said Israel's forex reserves of some $200 billion "provides us with ample capacity to support the Israeli economy."

Persons: Amir Yaron, Yaron, Israel, Israel's, Steven Scheer, Ari Rabinovitch, Louise Heavens, Giles Elgood Organizations: Bank of Israel, Hamas, The Bank, Israel, Thomson Locations: Gaza, Israel

☆ Analyst: Israel’s costly misunderstanding of Hamas’ true aims
▼ + stars: | 2023-10-15 | by ( Peter Bergen | ) edition.cnn.com time to read: +32 min

Bergen: How does Hamas impact the more secular Palestinian Authority, which controlled Gaza until 2007 before Hamas violently pushed them aside? They don’t have any other aims like Hamas because Hamas is a religious, social, political movement and terror organization at the same time. Yousef Masoud/The New York Times/Redux Smoke rises after Israeli strikes on the seaport of Gaza City on Tuesday, October 10. Tamir Kalifa/The New York Times/Redux Palestinians walk amid the rubble following Israeli airstrikes in Gaza City on October 10. Erik Marmor/AP Six-month-old Sama Alwadia is rescued from the rubble in Gaza City on October 9.

Persons: Peter Bergen, ”, CNN — Kobi Michael, Michael, Kobi Michael, Mohammed Deif, Marwan Issa, He’s, he’s, Deif, Israel, They’ve, Israel doesn’t, It’ll, Hatem Ali, Antonio Macías, Macías, Francisco Seco, Fatima Shbair, Mohammed Saber, Eli Albag, Liri, Mohammed Talatene, Sergey Ponomarev, Violeta Santos Moura, Dor Kedmi, Mahmud Hams, Saher, Hatem Moussa, Abraham Cohen, Valentin Ghnassia, Ghnassia, Alexi J . Rosenfeld, Yuri Cortez, Yousef Masoud, Ibrahim Hams, Bashar Taleb, Baz Ratner, Jack Guez, Khan, Abed Rahim Khatib, Yahya Hassouna, Mapal Adam, Abed Zagout, Tamir Kalifa, Agha, Ibraheem Abu Mustafa, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, Mohammed Salem, CNN Sergey Ponomarev, Mohammed Abed, Eden Guez, Atef Safadi, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Belal Khaled, Samar Abu, Amir Cohen, Ilai Bar Sade, Erik Marmor, Ali Jadallah, Oren Ziv, Ronen Zvulun, Majdi, Ilia Yefimovich, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Jalaa Marey, Oded, Khan Younis, Ahmad Hasballah, Mohammed Fayq Abu Mostafa, Tsafrir, Ahmad Gharabli, Mustafa Hassona, Ilan Rosenberg, Eyad Baba, Itai Ron, Hadas Parush, Yasser Arafat’s, David, Bill Clinton Organizations: New, Arizona State University, Apple, Spotify, CNN, Peter Bergen CNN, Tel, for National Security Studies, Palestinian, National Security Council, Ministry of Strategic Affairs, Hamas, Qassam, Israel, West Bank, Palestinian Authority, PLO, Israel Defense Forces, Gaza, Haim, AP, New York Times, Reuters, Getty, Aris Messinis, Mount, Mount Herzl Military, Nova, Anadolu Agency, Nova Festival, Ben Gurion, Shifa, Rockets, Israel's, United Nations, Reuters Police, Reuters Rockets, US Locations: New America, Gaza, Lebanon, Israel, Tel Aviv, Bergen, Iran, Qatar, Egypt, You’re, Palestinian, Jihad, Hamas, Gaza City, Rafah, Kfar Saba, Al, Israeli, Be'eri, Rehovot, AFP, Mount Herzl, Jerusalem, Kibbutz Be'eri, Sderot, Khan Younis, Modiin Maccabim, Kfar Aza, Ashkelon, Mount Herzel, Samar, Samar Abu Elouf, Yassin, Beitar Ilit, Ramat Gan, Kiryat Shmona, Itai, Beit Hanun, Rishon Lezion, Samaria, Saudi Arabia, United States of America

☆ Singapore hopes for substantial IPEF progress by APEC
▼ + stars: | 2023-10-14 | by ( ) www.reuters.com time to read: +3 min

[1/2] Singapore's Deputy Prime Minister and Minister for Finance Lawrence Wong attends "Google for Singapore", an event celebrating the company's 15th year in the country, at Google's office, in Singapore August 23, 2022. REUTERS/Edgar Su Acquire Licensing RightsWASHINGTON, Oct 13 (Reuters) - Singapore's deputy prime minister said on Friday he hopes for substantial progress in the U.S.-led Indo-Pacific Economic Framework for Prosperity (IPEF) discussions in time for next month's Asia Pacific Economic Cooperation (APEC) summit. "In areas like supply chains, green economy, digital economy; these are things that we are pursuing, and we hope certainly that there can be some substantial progress." The summit meetings of the 21-member APEC forum will take place in the week of Nov. 11-17 in San Francisco. "But I think we should maintain high ambition and hopefully down the road, in years to come, the conditions may change."

Persons: Finance Lawrence Wong, Edgar Su, Lawrence Wong, Joe Biden, Donald Trump, Wong, David Brunnstrom, Michael Martina, Sandra Maler Organizations: Singapore's, Finance, Google, REUTERS, Rights, Prosperity, Economic Cooperation, APEC, Washington's Center, Strategic, International Studies, U.S, Thomson Locations: Singapore, U.S, Asia, China, Pacific, United States, San Francisco

☆ How the tech sector in Israel is navigating the war
▼ + stars: | 2023-10-13 | by ( Hanna Ziady | ) edition.cnn.com time to read: +6 min

London CNN —Israel’s vast tech sector has seen its fair share of crises, from financial downturns and the Covid-19 pandemic to periodic flare-ups in the Israeli-Palestinian conflict. “This is different than anything we’ve faced before,” said Avi Hasson, the CEO of Start-Up Nation Central (SNC), a non-profit that promotes Israel’s tech industry globally. “Seasoned investors with experience backing Israeli startups are not backing away due to the war,” said Samid of TechAviv. For many in Israel’s tech industry, the devastating circumstances have only served to underscore the sector’s famed resilience. “Israeli [tech] hasn’t stopped,” Hasson noted.

Persons: we’ve, ”, Avi Hasson, wasn’t, Leah Walters, Monday.com, Rafael Henrique, Yaron Samid, Jensen Huang, Jon Medved, “, Hillel Fuld, it’s, hasn’t, ” Hasson Organizations: London CNN, Hamas, Nation Central, CNN, Tech, SNC, Nasdaq, Tel, Nvidia, Israel Innovation Authority, ” Tech, Microsoft, Google Locations: Israel, Tel Aviv, “, Israeli

☆ Nobel economist Paul Krugman gets trolled for saying inflation is over if you just exclude most of what people buy
▼ + stars: | 2023-10-13 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Paul Krugman was mocked for declaring inflation is over based on a heavily adjusted measure. The Nobel economist shared a chart that excluded basics like food, energy, shelter, and used cars. His X post was still at the top of the popular Wall Street Bets subreddit on Friday morning. "A totally ridiculous measure," Jim Bianco, president and macro strategist of Bianco Research, said about Krugman's chart in an X post. Krugman, a retired MIT and Princeton economics professor, admitted to being too dismissive in a follow-up X post on Friday.

Persons: Paul Krugman, Krugman, —, Jim Bianco, Chris Martenson, Martenson, he'd, They've Organizations: Service, Index, New York Times, Bianco Research, Prosperity, MIT, Princeton, Federal Reserve

The ceremony to honor a fallen Russian soldier went viral for all the wrong reasons. The musical faux pas last May in the eastern Russian town of Kyakhta, home to a prominent infantry brigade, soon rocketed around social media. If the incident was discordant in the extreme, it also accentuated the contradictions of Vladimir Putin’s war that are changing the face of garrison towns across Russia. The local cemetery is growing exponentially. The flood of newly purchased cars in Kyakhta telegraphs loss as much as prosperity — the money comes from large government payouts to families of the dead and grievously injured.

Persons: ” blaring, Vladimir Putin’s Organizations: telegraphs Locations: Russian, Ukraine, Kyakhta, Russia

☆ One of last survivors of Oklahoma race massacre dies at 102
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +2 min

Survivors and siblings Viola Fletcher and Hughes Van Ellis listen as U.S. President Joe Biden delivers remarks on the centennial anniversary of the Tulsa race massacre during a visit to the Greenwood Cultural Center in Tulsa, Oklahoma, U.S., June 1, 2021. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsOct 10 (Reuters) - One of the last three known Black Tulsans who lived through a 1921 race massacre in the Oklahoma town has died at 102, his family said. As many as 300 people, most of them Black, were killed when white residents burned Tulsa's African American neighborhood of Greenwood. An Oklahoma judge dismissed the lawsuit in July and their lawyers have appealed to the state's supreme court. White residents surrounded the courthouse, demanding the man be handed over.

Persons: Viola Fletcher, Hughes Van Ellis, Joe Biden, Carlos Barria, Tulsans, Ellis, Leslie Benningfield Randle, Schulte, Roth, Zabel, Damario Solomon, Simmons, Andrew Hay, Bill Berkrot, Mark Porter Organizations: Greenwood Cultural Center, REUTERS, Ku Klux Klan, National Endowment, Humanities . Police, Tulsa Tribune, Thomson Locations: Tulsa, Tulsa , Oklahoma, U.S, Oklahoma, Denver , Colorado, Greenwood, Black, An Oklahoma, White

☆ Prosperity Life's Unit to Buy Insurer National Western in $1.9 Billion Deal
▼ + stars: | 2023-10-09 | by ( Oct. | At A.M. | ) www.usnews.com time to read: 1 min

(Reuters) - A unit of Prosperity Life Group agreed to buy life insurer National Western Life Group in a deal valued at $1.9 billion, the companies said on Monday. The deal gives National Western a value of $500 per share, a premium of nearly 20% to its stock's last close on Friday. Mergers and acquisitions in the U.S. corporate space are starting to pick up pace after a dull 2022, boosted by hopes that the Federal Reserve could engineer a soft landing for the economy. The acquisition is expected to close in the first half of 2024, the companies said. (Reporting by Niket Nishant in Bengaluru; Editing by Shailesh Kuber and Sherry Jacob-Phillips)

Persons: Niket, Shailesh Kuber, Sherry Jacob, Phillips Organizations: Reuters, Prosperity Life, Western Life, Federal Reserve Locations: U.S, Bengaluru

☆ Prosperity Life's unit to buy insurer National Western in $1.9 bln deal
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: 1 min

Oct 9 (Reuters) - A unit of Prosperity Life Group agreed to buy life insurer National Western Life Group (NWLI.O) in a deal valued at $1.9 billion, the companies said on Monday. The deal gives National Western a value of $500 per share, a premium of nearly 20% to its stock's last close on Friday. Mergers and acquisitions in the U.S. corporate space are starting to pick up pace after a dull 2022, boosted by hopes that the Federal Reserve could engineer a soft landing for the economy. The acquisition is expected to close in the first half of 2024, the companies said. Reporting by Niket Nishant in Bengaluru; Editing by Shailesh Kuber and Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.

Persons: Niket, Shailesh Kuber, Sherry Jacob, Phillips Organizations: Prosperity Life, Western Life, Federal Reserve, Thomson Locations: U.S, Bengaluru

☆ US Treasury pushing development banks for progress on next phase of reforms by April
▼ + stars: | 2023-10-08 | by ( Andrea Shalal | ) www.reuters.com time to read: +4 min

A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. U.S. Treasury Secretary Janet Yellen has been pushing for reforms to expand the World Bank's lending for a year, after an expert panel review concluded that the institutions, government shareholders and credit rating agencies were too timid about financial risks. The Treasury official said World Bank governors were expected to sign off on the new measures this week and mapped out previously unreported details on the callable capital issue, including the timetable for action. Any new proposal on treatment of callable capital will require approval by the shareholders of each of the respective multilateral development banks, bank officials have said. "You've got to work on global challenges like climate fragility and pandemics and poverty and boosting shared prosperity all at once because they are all mutually reinforcing and intertwined," the Treasury official said.

Persons: Kevin Lamarque, MDBs, Janet Yellen, You've, Andrea Shalal, Mark Porter Organizations: Department of, U.S . Treasury, REUTERS, Treasury, U.S . Treasury Department, World Bank, Bank, Reuters, Rockefeller Foundation, International Monetary Fund, Thomson Locations: Washington , U.S, MARRAKECH, Morocco, U.S, Marrakech

☆ How Saudi Crown Prince Mohammed bin Salman went from pariah to pragmatic diplomat
▼ + stars: | 2023-10-07 | by ( Polly Thompson | ) www.businessinsider.com time to read: +10 min

Saudi Crown Prince Mohammed bin Salman is trying to transform the oil-rich Persian Gulf kingdom. AdvertisementAdvertisementSaudi Crown Prince Mohammed bin Salman is on a mission to transform his country. Billboards show portraits of Saudi Arabian Crown Prince Mohammed bin Salman (R) and his father and Saudi Arabia's King Salman bin Abdulaziz. US President Joe Biden (L) being welcomed by Saudi Arabian Crown Prince Mohammed bin Salman (R) at Alsalam Royal Palace in Jeddah, Saudi Arabia on July 15, 2022. President Joe Biden gives Saudi Crown Prince Mohammed bin Salman a handshake at the G20 summit this September.

Persons: Prince Mohammed bin Salman, he's, —, Prince Mohammed didn't, King Salman, Fahda bint Falah, Saud, Saudi Arabian Crown Prince Mohammed bin Salman, Saudi Arabia's King Salman bin Abdulaziz, AAMIR QURESHI, Muhammad bin Nayef, Prince Mohammed, Rash, Chris Doyle, GIUSEPPE CACACE, Doyle, he'd, Jamal Khashoggi, Emmanuel Macron, Joe Biden, Prince Mohammed a, Grant Shapps, Vladimir Putin's, Sanam Vakil, Biden, Evelyn Hockstein, Vakil, Duaa, Pierre Crom, Dhainy, Prince Organizations: Service, Saudi, King Saud University, Saudi Arabian Crown, Guardian, Ritz, Carlton, Council, Arab, CIA, Royal, Anadolu Agency, Bloomberg, Washington, Chatham House, Associated Press, Fox News, European Saudi Organization for Human Rights, MBS, United Nations, Getty Images, Human Rights Locations: Saudi, Saudi Arabia, Yemen, Riyadh, British, Istanbul, Jeddah, Ukraine, Iran, China, Israel, East, North Africa, Delhi, Neom, The Hague, Netherlands, Getty Images Saudi Arabia

☆ Wall Street's dream scenario is dead
▼ + stars: | 2023-10-07 | by ( Matthew Fox | ) www.businessinsider.com time to read: +8 min

Wall Street's vision of a Goldilocks scenario for the stock market and economy is unraveling. AdvertisementAdvertisementWall Street's dream of a Goldilocks scenario for the stock market and economy is probably dead. Interest rates soared. As painful as inflation and higher interest rates were, the economy remained resilient as consumers held onto their jobs and kept swiping their credit cards. It has to acknowledge that interest rates are now sufficiently restrictive, and decide that it's next monetary policy move isn't an interest rate hike, but rather a pause, and then a cut.

Persons: —, it's, Jerome Powell, Powell's, Powell, Buckle, Greg Daco, Something's, Kevin O'Leary, we've, Wharton, Jeremy Siegel, Mary Daly, Raphael Bostic Organizations: Service, Treasury, Valley Bank, Bloomberg, CNBC Locations: America

☆ Job growth surged in September
▼ + stars: | 2023-10-06 | by ( Madison Hoff | Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

The US added 336,000 jobs in September, greater than job growth in August. "It is a sign of stability, steady growth, and we are committed to making sure that all Americans share in the growth and prosperity." Leisure and hospitality saw robust job growth in September, with a gain of 96,000. Government employment soared by 73,000, with bigger gains in local and state government roles compared to the job growth for the federal government. After an increase in the unemployment rate in August as more people entered the labor force, the unemployment rate was 3.8% again in September.

Persons: —, Labor Julie Su, Nick Bunker, Julia Pollak, ZipRecruiter, Bunker, Daniel Zhao, Karin Kimbrough, Kimbrough, there's Organizations: Workers, Service, Bureau of Labor Statistics, of Labor, Labor, North America, Leisure

☆ EU Looks to the Future at Summit on Migration and Enlargement
▼ + stars: | 2023-10-06 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +3 min

Other central and eastern EU countries have also put up border controls inside what is normally a zone of open travel, citing the need to crack down on people smugglers and migrants who avoid regular border crossings and arrival procedures. But the matter is politically sensitive and anti-immigrant rhetoric and policies are on the rise in some EU countries ahead of continent-wide European Parliament elections next June. From economic aid transfers to decision-making to maintaining cohesion, EU leaders will look on Friday at what needs to change inside their union to allow for another enlargement. Such debates highlight a tough dilemma the EU faces in trying to bring in new members while deepening existing integration. "Enlargement is a geo-strategic investment in peace, security, stability and prosperity ... both the EU and future member states need to be ready."

Persons: Gabriela Baczynska GRANADA, Gabriela Baczynska, Rosalba O'Brien Organizations: GEO, Reuters, EU, Kyiv, European Union Locations: Spain, Ukraine, Italy, Germany, Europe, Bavaria, Poland, East, Africa, Russia's, Grenada, China, Moldova, Western Balkans, Britain, Kyiv, Warsaw, Hungary

☆ EU looks to the future at summit on migration and enlargement
▼ + stars: | 2023-10-06 | by ( Gabriela Baczynska | ) www.reuters.com time to read: +4 min

Persons: Spain's King Felipe VI, Queen Letizia, Jon Nazca, Gabriela Baczynska, Rosalba O'Brien Organizations: Lions, Alhambra, Political Community Summit, REUTERS, Rights, GEO, Reuters, EU, Kyiv, European Union, Thomson Locations: Granada, Spain, Rights GRANADA, Ukraine, Italy, Germany, Europe, Bavaria, Poland, East, Africa, Russia's, Grenada, China, Moldova, Western Balkans, Britain, Kyiv, Warsaw, Hungary

☆ Taiwan Elects Its Own Leaders So Is Already Independent: Presidential Frontrunner
▼ + stars: | 2023-10-06 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +2 min

In an interview with Japanese media, a transcript of which his campaign team released on Friday, Lai was asked on his position on Taiwan independence. Taiwan regularly elects leaders at all levels of government, right from the grassroots up to the president, Lai said. If it is not sovereign and independent, how can there be a presidential election? Therefore, there is no need to declare Taiwan's independence again," he added. Taiwan President Tsai Ing-wen cannot stand again after two terms in office.

Persons: William Lai, Lai, Tsai Ing, Mao Zedong's, Ben Blanchard, Lincoln Organizations: Taiwan Affairs Office, Kuomintang Locations: TAIPEI, Taiwan, China, Beijing, Republic of China, People's Republic of China

☆ Taiwan elects its own leaders so is already independent: presidential frontrunner
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

Taiwan's Vice President William Lai announces his "National Project of Hope" ahead of the upcoming presidential election in Taipei, Taiwan September 6, 2023. In an interview with Japanese media, a transcript of which his campaign team released on Friday, Lai was asked on his position on Taiwan independence. Taiwan regularly elects leaders at all levels of government, right from the grassroots up to the president, Lai said. Therefore, there is no need to declare Taiwan's independence again," he added. Taiwan President Tsai Ing-wen cannot stand again after two terms in office.

Persons: William Lai, Ann Wang, Lai, Tsai Ing, Mao Zedong's, Ben Blanchard, Lincoln Organizations: of, REUTERS, Rights, Taiwan Affairs Office, Kuomintang, Thomson Locations: Taipei, Taiwan, Rights TAIPEI, China, Beijing, Republic of China, People's Republic of China

☆ Your boss might give you a raise just for showing up to the office
▼ + stars: | 2023-10-05 | by ( Tim Paradis | ) www.businessinsider.com time to read: +3 min

US CEOs say they'd give raises, promotions, or better assignments to those who work at the office. The findings came in a survey from KPMG that showed how frustrated bosses are with remote work. AdvertisementAdvertisementCEOs are really starting to hate remote work — and are willing to go beyond free pizza to get you to come in. Outside of some of the big banks and high-wattage tech firms , many companies have settled into a mix of in-office and remote work. The survey found only one-third of CEOs envision traditional office jobs as remaining hybrid, down from 45% in 2022.

Persons: —, Meta's, Paul Knopp, it's, It's, Knopp, that's, We're Organizations: KPMG, Service, Big Tech, Amazon, KPMG US

☆ How Chinese demand for fish maw (swim bladder) fuels a $52 million industry in Uganda
▼ + stars: | 2023-10-05 | by ( Chris Snyder | Emily Christian | ) www.businessinsider.com time to read: +1 min

Fish maw — the swim bladder of a fish — is one of the most expensive dried-seafood products in the world. But the main reason fish maw is so desired is its supposed medical value. Fish maw is also often recommended in China for postpartum recovery and to reduce post-surgery pain. But because of overfishing in East Asia, China now imports the majority of its bladders from other countries, like Uganda. In Uganda, fishers compete for Nile perch in Lake Victoria and ship them to China for extremely high prices.

Persons: maw Locations: China, East Asia, Uganda, Lake Victoria

PwC’s annual report on the South African mining industry said global drops in some commodity prices following the COVID-19 pandemic contributed to the reduced profits. But so did South Africa’s local challenges of currency fluctuations, high inflation, power blackouts and logistical problems in exporting minerals because of deteriorating road, rail and port infrastructure. South Africa has an opportunity to benefit from that demand, which also would need millions of dollars in investment, the report said. “This presents several opportunities for South Africa which could reshape industries, diversify the economy and drive future prosperity." The output from South Africa’s 130-year-old gold mining industry has been slumping for more than 20 years.

Persons: Andries Rossouw, PwC, Rossouw Organizations: McKinsey & Company, ” Mining, South African Revenue Service, AP Locations: CAPE, South Africa, Ghana, South America, Africa, African, africa

Al-Jaber serves as the CEO of the state-run Abu Dhabi Oil Co., which has the capacity to pump 4 million barrels of crude oil a day and hopes to reach 5 million barrels a day. He also made the call to the annual Abu Dhabi International Petroleum Exhibition and Conference, which brings together the largest players in the oil and gas industries. And al-Jaber himself has repeatedly said the world must rely on oil and gas for the near-term to bridge that gap. Though all smiles at Monday's conference, al-Jaber has acknowledged the withering criticism he's faced. Iraqi and regional Kurdish government officials did not immediately acknowledge the pipeline reopening, though Iraq's oil minister has said it was anticipated, without elaborating.

Persons: Sultan al, Jaber, al, Al, “, he's, it’s, ” al, Haitham, Ghais, Alparslan Bayraktar, ”, Bayraktar Organizations: United, United Arab Emirates, Abu Dhabi Oil Co, Abu, Abu Dhabi International Petroleum Exhibition, Conference, Brent, United Arab, Turkish Energy, Kurdish Locations: ABU DHABI, United Arab, United Nations, Abu, Abu Dhabi, Russia, United Arab Emirates, Jaber, OPEC, Iraqi, Turkish, Turkey, Ceyhan

☆ House Democrat steps down from leadership role over party’s support of Biden’s reelection
▼ + stars: | 2023-10-01 | by ( Kristin Wilson | ) edition.cnn.com time to read: +2 min

Washington CNN —Democratic Rep. Dean Phillips of Minnesota is leaving his position in House Democratic leadership over his party’s support of President Joe Biden’s 2024 reelection bid. “My convictions relative to the 2024 presidential race are incongruent with the majority of my caucus, and I felt it appropriate to step aside from elected leadership,” Phillips said in a statement Sunday. Onward!”A moderate Democrat, Phillips has said for months he does not think Biden should run for reelection, and CNN previously reported he’s eyed his own White House bid. I respect them taking a hard look at it,” he said during an April press conference when pressed on concerns about his age. “I take a hard look at it as well – I took a hard look at it before I decided to run, and I feel good, I feel excited about the prospects.”

Persons: Dean Phillips, Joe Biden’s, “, ” Phillips, Hakeem, Jeffries, ”, Philips, “ I’ll, Phillips, Biden, CNN’s Jake Tapper, SSRS, they’re Organizations: Washington CNN — Democratic, Dean Phillips of, Democratic, House Democratic, Communications, CNN, American Locations: Dean Phillips of Minnesota

(AP) — Mississippi has seen a consistent rise in the number of families accepting public assistance for child care since lawmakers banned abortion in almost all circumstances, with the sharpest increase coming after a child support policy change in May, the state human services director said Friday. They also said that when parents couldn't find child care, it prevented them from getting back to work. Delbert Hosemann, also a Republican, disputed the idea that the abortion ban has had an impact on child care voucher enrollment. “It’s clear to me it’s not the Dobbs decision. It’s the fact that we made this policy decision that’s been approved by the governor and that you’re seeing thousands of people become eligible because of that,” Hosemann said.

Persons: JACKSON, Bob Anderson, Dobbs, ” Anderson, Roe, Wade, Tate Reeves, couldn't, Delbert Hosemann, “, it’s, that’s, ” Hosemann, they’re, Reeves, ”, Cory Custer, ” ___ Michael Goldberg Organizations: —, Mississippi Department of Human Services, Jackson, Health Organization, U.S, Supreme, Gov, Republican, Child, Associated Press, America Statehouse News Initiative, America Locations: Miss, — Mississippi, Mississippi, @mikergoldberg

☆ In pictures: The festival of Ganesh Chaturthi
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: 1 min

[10/18] Devotees perform rituals and pray to an idol of the Hindu god Ganesh, the deity of prosperity, in MumbaiDevotees perform rituals and pray to an idol of the Hindu god Ganesh before it is immersed in the sea beside the Gateway of India on the seventh day of Ganesh Chaturthi in Mumbai, September 25. REUTERS/Francis MascarenhasMUMBAI, INDIA

Persons: Ganesh, Ganesh Chaturthi, Francis Mascarenhas Organizations: REUTERS Locations: Mumbai, India, Francis Mascarenhas MUMBAI

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