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June 5 (Reuters) - Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a time Americans' appetite for travel is ripe. Analysts say slower hotel development will also limit profits of blue-chip manufacturers like Caterpillar Inc. , whose commercial real estate customers account for around 75% of construction sales. Overexposed regional banks are now offloading commercial real estate loans at a discount. Troubled regional lender PacWest Bancorp (PACW.O) announced in May it would sell $2.6 billion worth of real estate construction loans. Banks started to reduce their hotel loan portfolios in the first quarter of 2023, an analysis by S&P Global Market Intelligence found.

Persons: Joseph Delli Santi, James Hansen, Andy Ingraham, Ingraham, Evens Charles, Banks, Mitchell Hochberg, Bianca Flowers, Caroline Stauffer, Deepa Babington Organizations: U.S, Silicon Valley Bank, Shopoff, Reuters, Build Central Inc, Hilton, Hilton Worldwide Holdings Inc, Marriott International, Caterpillar Inc, Signature Bank, First Republic Bank, National Association of Black, Developers, Frontier Development, Hospitality Group, Washington D.C, PacWest Bancorp, P Global Market Intelligence, Lightstone, Thomson Locations: Silicon, California, Florida , Texas, Washington, Arizona, New York, Chicago, Bengaluru

Persons: Joseph Delli Santi, James Hansen, Andy Ingraham, Ingraham, Evens Charles, Banks, Mitchell Hochberg, Bianca Flowers, Caroline Stauffer, Deepa Babington Organizations: U.S, Silicon Valley Bank, Shopoff, Reuters, Build Central Inc, Hilton, Hilton Worldwide Holdings Inc, Marriott International, Caterpillar Inc, Signature Bank, First Republic Bank, National Association of Black, Developers, Frontier Development, Hospitality Group, Washington D.C, PacWest Bancorp, P Global Market Intelligence, Western Alliance, Lightstone, Thomson Locations: Silicon, California, Florida , Texas, Washington, Arizona, New York, Chicago, Bengaluru

☆ When Black Liberation Is the Family Business
▼ + stars: | 2023-05-19 | by ( Michael P. Jeffries | ) www.nytimes.com time to read: +1 min

AN AMERIKAN FAMILY: The Shakurs and the Nation They Created, by Santi Elijah HolleyIn 1994, Tupac Shakur gave a stirring interview to MTV about his career and penchant for controversy. Shakur grew up poor and embedded in a Black revolutionary family. He was not always angry, but he insisted Black rage was logical: America exploited and persecuted Black people, extracting talented survivors like him from the ghetto, and condemning those left behind to violence and early death. “I’m not saying I’m going to rule the world, or I’m going to change the world,” he said. Reading the book, one searches for some other emergent nation, one imagined by generations of Black revolutionaries, solid in its constitution and aims: safety, dignity and self-determination for Black people.

☆ Italy is planning a sovereign fund amid a new era of national interest
▼ + stars: | 2023-05-19 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

Italy is moving ahead with a sovereign fund to support critical parts of its economy, amid a wider push by several European nations to bring global supply chains closer to home. Italy's Minister of Enterprises Adolfo Urso announced Wednesday a public-private fund that looks at consolidating "national strategic supply chains" in the areas of raw materials and energy. The announcement comes after Ireland, another EU nation, said earlier this month that it intends to start a sovereign wealth fund next year. Italy established a wealth fund back in 2011 which has investments in energy, communications and aerospace sectors. When Covid-19 hit in early 2020, many European nations struggled to get their hands on masks and other protective equipment, which were manufactured in Asia.

Catalonia, Spain CNN —Standing in his field of stunted, withered maize, Santi Caudevilla is very worried. It’s becoming increasingly hard to make ends meet as crops shrivel through lack of water – or cannot be planted at all. “This is the worst period that we have had for the last 100 years,” Samuel Reyes, director of the Catalan Water Agency, told CNN. Allison Nussbaum/NASA Allison Nussbaum/NASA These two images show shrinking water reservoirs in the Catalonia region of Spain. In April, Spain requested emergency funding from the European Union to help farmers cope with the impacts of the drought.

[1/4] Paraguayan presidential candidate Santiago Pena from the ruling Colorado Party gestures next to his wife Leticia Ocampos at the party headquarters as he and his running mate Pedro Alliana won Paraguay's presidential race, according to the preliminary official count, in Asuncion, Paraguay April 30, 2023. Still, Pena will be able to keep a cool head amid the tumult, his supporters say. "I think what characterizes him is that he has infinite tranquility," said Lea Gimenez, who served as Pena's deputy when he was finance minister and was later finance minister herself. Throughout the campaign the Colorado Party candidate has vowed to extend Paraguay's decades-long diplomatic relations with Taiwan, despite pressures to open up to China and its huge consumer demand for soybeans and beef. He became finance minister in 2015.

But Pena, who has powerful party backing, is able to keep a cool head amid the tumult, his supporters say. "I think what characterizes him is that he has infinite tranquility," said Lea Gimenez, who served as Pena's deputy when he was finance minister and was later finance minister herself. Opinion polls suggest either Pena or center-left opposition leader Efrain Alegre could triumph and most analysts predict a close race. "He matured very quickly, being a young father... he became an adult very quickly," a former colleague told Reuters. He became finance minister in 2015.

CNN —Robert F. Kennedy Jr., the anti-vaccine activist and environmental lawyer, described himself as a truth-teller who will “end the division” as he launched his bid for the 2024 Democratic presidential nomination on Wednesday in Boston. Some Kennedy family members have denounced his views on vaccines. Kennedy lives in Los Angeles, but he chose Boston as a nod to his family’s deep political roots in the city, even though his father, Robert F. Kennedy, declared his presidential ambitions in the Senate Caucus Room on Capitol Hill in 1968, the same place his uncle, John F. Kennedy, launched his presidential campaign in 1960. “I’m a lifelong Democrat, but I will not be voting for Robert Kennedy Jr. because I cannot stomach the anti-vaccine thing,” said Tyson Humble of Portland, Oregon, who was visiting the John F. Kennedy Presidential Library and Museum. Caroline Kennedy, the daughter of former President Kennedy, is currently the US ambassador to Australia.

☆ NBA roundup: Knicks' Julius Randle scores 57, Wolves still prevail
▼ + stars: | 2023-03-21 | by ( ) www.reuters.com time to read: +5 min

Mike Conley (24 points, 11 assists) had a double-double for the Timberwolves, who snapped a three-game losing streak. Bulls 109, 76ers 105 (2OT)Zach LaVine scored 26 points, DeMar DeRozan added 25 and Chicago outlasted host Philadelphia 76ers. Joel Embiid had 37 points, 16 rebounds and three blocked shots for the Sixers. Hornets 115, Pacers 109Kelly Oubre Jr. scored 28 points and Charlotte wiped out a 21-point first-half deficit to defeat visiting Indiana. Curry finished with 30 points, seven rebounds and five assists while Thompson added 29 points and seven rebounds.

☆ Cincinnati sign Colombia defender Arias
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +1 min

Feb 9 (Reuters) - FC Cincinnati have signed Colombia defender Santiago Arias through the 2023 season, with an option to extend for an extra year, the MLS club said on Thursday. The 31-year-old, who recently played for Spanish second-tier side Granada on loan from Atletico Madrid, has joined Cincinnati on a free transfer, MLS said. "Santi brings an enormous amount of experience and ability to FC Cincinnati," Cincinnati General Manager Chris Albright said. Arias joined Atletico in 2018 after five years at PSV Eindhoven, where he won three league titles and two Dutch Super Cups. Arias has more than 50 caps and was part of the Colombia squad that finished third at the Copa America Centenario and also went to the 2014 and 2018 World Cup tournaments.

☆ NBA roundup: Knicks rally from 21-point deficit to beat 76ers
▼ + stars: | 2023-02-06 | by ( ) www.reuters.com time to read: +5 min

Miles McBride came off the bench to score 14 points while fellow reserve Isaiah Hartenstein had 14 rebounds. Joel Embiid (31 points, 14 rebounds), Tobias Harris (14 points, 10 rebounds) and James Harden (12 points, 12 assists) recorded double-doubles for the 76ers, who had their eight-game road winning streak snapped. De'Anthony Melton scored 14 points while Tyrese Maxey had 12 points and P.J. Scottie Barnes added 16 points and seven rebounds. Bruce Brown scored 16 and both Ish Smith and Zeke Nnaji scored 10 off the bench.

☆ NBA roundup: Joel Embiid, Sixers sink Jazz in final seconds
▼ + stars: | 2023-01-15 | by ( ) www.reuters.com time to read: +7 min

NBA scoring leader Doncic had a season-worst 15 points -- 19 below his average -- to go with 10 assists and six rebounds. LaMelo Ball's 31 points led the Hornets, while Terry Rozier posted 21 points and P.J. Mason Plumlee added nine points and 16 rebounds. Murray came back with four straight points. Naz Reid's 17 points and Jaylen Nowell's 16 points paced the Minnesota reserves, who combined to outscore the Cleveland bench by a 29-point margin.

☆ NBA roundup: Joel Embiid nets career-high 59 in Sixers' win
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +6 min

Lauri Markkanen had a quiet night with 15 points and 10 rebounds, while Collin Sexton scored 15, Kelly Olynyk chipped in with 14 points and Jarred Vanderbilt added nine points and 10 rebounds. Russell posted a season-high 30 points and a game-high 12 assists, while Towns (29 points, 13 rebounds) and Gobert (15 points, 13 rebounds) also played vital roles. Andre Drummond posted a double-double of 13 points and 11 rebounds, while Patrick Williams (15 points) and Goran Dragic (11) also scored in double figures. Kevin Huerter scored 17 points and Malik Monk added 12 as the Kings won their third consecutive game. Stephen Curry scored 27 points and Andrew Wiggins had 26 for Golden State, which dropped to 0-7 on the road.

☆ La Liga: Real Madrid suffers first league defeat of the season against Rayo Vallecano
▼ + stars: | 2022-11-08 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —Real Madrid missed out on the chance to return to the top of La Liga as a retaken penalty gave Rayo Vallecano a surprise 3-2 victory over Los Blancos. It was Real’s first defeat in the league this season and gives Barcelona a two-point lead at the top of La Liga after 13 games. Álvaro García celebrates Rayo's first goal against Real Madrid. Angel Martinez/Getty Images Europe/Getty ImagesThe result means Rayo now has one win and two draws against the top three teams in La Liga this season – Barcelona, Real, and Atlético Madrid. Barcelona, meanwhile, has a chance to extend its lead at the top of La Liga when it plays Osasuna on Tuesday.

☆ Spanish soccer fan walking to Qatar World Cup missing in Iran
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +3 min

[1/2] Spanish man, Santiago Sanchez, walks in Iraq's Kurdistan region towards Qatar, where he aims to attend the 2022 World Cup, near Zakho, Iraq August 28, 2022. REUTERS/Charlotte BruneauMADRID, Oct 26 (Reuters) - A 41-year-old Spanish soccer fan who set out to walk to Qatar to attend the World Cup in November has gone missing in Iran, where unrest has erupted in the past few weeks, Spain's foreign ministry has confirmed. Spain's Foreign Ministry confirmed Sanchez was in Iran and its embassy in Tehran was urgently seeking information on his whereabouts to provide him with consular assistance. He has already been to Iran, it's a hospitable country... but this time it was a delicate moment." He told Reuters in Zakho in Iraqi Kurdistan last month that he hoped he might meet the Spanish team and inspire them to victory in the 2022 World Cup.

☆ NBA roundup: Suns hit late shot to cap rally from 22-point hole
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +9 min

Lee hit a 10-foot fallaway jumper over Spencer Dinwiddie to cap an electric Phoenix comeback in the season opener for both teams. Cameron Johnson added 15 points, Mikal Bridges had 13 points and 11 rebounds and Lee scored 11 points off the bench. Christian Wood added 25 points and eight rebounds in his Dallas debut while Dinwiddie added 15 points. D'Angelo Russell added 20 points and Jaden McDaniels had 19 for Minnesota. Santi Aldama (18 points, 11 rebounds) and John Konchar (12 points, 11 rebounds) each posted double-doubles while Jones had 15 points off the bench.

☆ Celta Vigo a fost eliminată din Cupa Spaniei
▼ + stars: | 2021-01-06 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Celta Vigo, echipă din prima ligă a valorică, a fost eliminată din competiție de CD Ibiza, formație din eșalonul al treilea al Spaniei.Celta a fost învinsă categoric cu scorul de 5-2, asta după ce a fost condusă la un moment dat cu un neverosimil 4-0.Sergio Castel a marcat două goluri, iar Perez Mateo, Manuel Molina şi Angel Rodado și-au trecut și ei numele pe lista marcatorilor. Pentru Celta Vigo au punctat Santi Minta şi Jordan Holsgrove.O surpriză s-a produs şi la Cordoba. Gruparea din liga a treia a eliminat-o pe Getafe, formație din Primera Division. Andaluzii s-au impus la limită cu scorul de 1-0.FC Sevilla nu a avut probleme cu Deportivo Linares și s-a impus cu 2-0. După această victorie, "Los Palanganas" s-au calificat în runda următoarea a Cupei Spaniei.

Persons: Celta, Sergio Castel, Perez Mateo, Manuel Molina, Jordan, Andaluzii, Deportivo, Francisco Lara Organizations: Ibiza, FC Sevilla, Deportivo Linares Locations: Spaniei, Celta Vigo, Cordoba, Division

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