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☆ Australia govt appoints Michele Bullock as next central bank governor
▼ + stars: | 2023-07-14 | by ( Wayne Cole | ) www.reuters.com time to read: +2 min

SYDNEY, July 14 (Reuters) - Australian Treasurer Jim Chalmers on Friday said he would not reappoint the country's central bank chief to another term, instead replacing him with his deputy Michele Bullock. Chalmers and Prime Minister Anthony Albanese said Reserve Bank of Australia (RBA) Governor Philip Lowe would leave the bank after finishing his current seven-year term on Sept. 17, marking the end of his 43-year career. "Michele Bullock will become the first woman to ever lead the Reserve Bank in this country." The central bank has since lifted rates 12 times to a decade-high of 4.1%, adding hundreds of dollars to monthly mortgage repayments at a time when a cost of living crisis is already stretching household budgets. His two predecessors, again both career central bankers, were reappointed to second terms and each served 10 years in total.

Persons: Jim Chalmers, Michele Bullock, Chalmers, Anthony Albanese, Philip Lowe, Bullock, Lowe, Wayne Cole, Renju Jose, Leslie Adler, Jamie Freed Organizations: SYDNEY, Bank of Australia, Reserve Bank, Thomson Locations: Sydney, Lincoln

☆ Factbox: Potential candidates as next chief of Australia's central bank
▼ + stars: | 2023-07-05 | by ( Wayne Cole | ) www.reuters.com time to read: +2 min

SYDNEY, July 5 (Reuters) - The Australian government will announce this month whether it would reappoint Reserve Bank of Australia (RBA) Governor Philip Lowe or replace him. * Michele Bullock, 60, became the first female Deputy Governor of the RBA when she was appointed in the role in April 2022. She studied economics at the University of New England and a masters from the London School of Economics. He studied economics at Sydney University, and completed a PhD in health economics at the Australian National University. He has PhD degrees in physiology from Cambridge University and in economics from the Australian National University.

Persons: Philip Lowe, Michele Bullock, Bullock, RBA, Steven Kennedy, Kennedy, Kevin Rudd, Julia Gillard, Jenny Wilkinson, David Gruen, Wilkinson, Gruen, Martin Parkinson, Guy Debelle, Fortescue, Australia's, Debelle, Andrew, Carolyn Wilkins, Shri Navaratnam Organizations: SYDNEY, Australian, Reserve Bank of Australia, University of New, London School of Economics, Treasury, Labor, Sydney University, Australian National University, government's Department of Finance, Parliamentary, ANU, Princeton, Australian Bureau of Statistics, Cambridge University, Macquarie University, Department of Prime, Adelaide University, Fortescue Future Industries, University of Adelaide, MIT, Bank of Canada, Thomson Locations: University of New England

☆ Australia markets in the dark as clock ticks down on govt choice of RBA chief
▼ + stars: | 2023-07-05 | by ( Wayne Cole | ) www.reuters.com time to read: +3 min

Markets are still in the dark whether Treasurer Jim Chalmers will reappoint Reserve Bank of Australia (RBA) Governor Philip Lowe or bow to public pressure for a new pair of hands at an institution that stumbled over its policy messaging during the pandemic. "Markets would be more concerned if there wasn't that list," noted Shane Oliver, chief economist at AMP Capital. They are among the front runners in part because there is much pressure for Chalmers to appoint the first female head of the RBA. One dark horse also being mentioned is Guy Debelle, a former RBA deputy governor who resigned last year to join the green energy business of mining billionaire Andrew Forrest. It is possible Chalmers could reappoint Lowe for a shorter period to see out the RBA's current tightening cycle and planned changes in its operation and structure.

Persons: missteps, Jim Chalmers, Philip Lowe, Chalmers, Lowe, Shane Oliver, Michele Bullock, Jenny Wilkinson, Guy Debelle, Andrew Forrest, reappoint Lowe, AMP's Oliver, Wayne Cole, Shri Navaratnam Organizations: SYDNEY, Reserve Bank of Australia, Chalmers, Markets, AMP, Thomson

☆ Qatar and UAE embassies resume work on Monday, Qatar's foreign ministry says
▼ + stars: | 2023-06-19 | by ( ) www.cnbc.com time to read: +1 min

Foreign Minister of Qatar Mohammed bin Abdulrahman bin Jassim Al-Thani during a joint press conference with Turkish Foreign Minister Mevlut Cavusoglu on July 14, 2017. Qatar and the United Arab Emirates' respective embassies reopened on Monday to resume work after the two Gulf states agreed to restore diplomatic ties, Qatar's foreign ministry said. The restoration of ties comes amid a broader regional push for reconciliation and more than two years after Arab states ended a boycott of Doha that had shattered the Western-allied Gulf Arab bloc. The Qatari ministry said in a statement that the two foreign ministers, Sheikh Mohammed bin Abdulrahman Al-Thani and Sheikh Abdullah bin Zayed, had held a phone call as the two embassies reopened on Monday. Reuters reported in April that the two Gulf states were in the process of restoring diplomatic relations.

Persons: Qatar Mohammed bin Abdulrahman bin Jassim, Mevlut Cavusoglu, Sheikh Mohammed bin Abdulrahman, Sheikh Abdullah bin Zayed Organizations: Turkish Foreign, United Arab Emirates, Reuters, Doha Locations: Qatar, Qatar Mohammed bin Abdulrahman bin Jassim Al, Thani, Doha, Arab, Sheikh Mohammed bin Abdulrahman Al, Abu Dhabi, Saudi Arabia, UAE, Bahrain, Egypt, Islam, Iran, Riyadh, Cairo, Saudi, Yemen

☆ Qatar and UAE embassies resume work on Monday -Qatar foreign ministry
▼ + stars: | 2023-06-19 | by ( ) www.reuters.com time to read: +1 min

DOHA, June 19 (Reuters) - Qatar and the United Arab Emirates' respective embassies reopened on Monday to resume work after the two Gulf states agreed to restore diplomatic ties, Qatar's foreign ministry said. The restoration of ties comes amid a broader regional push for reconciliation and more than two years after Arab states ended a boycott of Doha that had shattered the Western-allied Gulf Arab bloc. The Qatari ministry said in a statement that the two foreign ministers, Sheikh Mohammed bin Abdulrahman Al-Thani and Sheikh Abdullah bin Zayed, had held a phone call as the two embassies reopened on Monday. Reuters reported in April that the two Gulf states were in the process of restoring diplomatic relations. Reporting by Nayera Abdallah and Andrew Mills, writing by Aziz El Yaakoubi; Editing by David Goodman and Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Sheikh Mohammed bin Abdulrahman, Sheikh Abdullah bin Zayed, Nayera Abdallah, Andrew Mills, Aziz El Yaakoubi, David Goodman, Gareth Jones Organizations: DOHA, United Arab Emirates, Reuters, Doha, Thomson Locations: Qatar, Doha, Arab, Sheikh Mohammed bin Abdulrahman Al, Thani, Abu Dhabi, Saudi Arabia, UAE, Bahrain, Egypt, Islam, Iran, Riyadh, Cairo, Saudi, Yemen

A series of upcoming challenges, from the ongoing war in Ukraine to a still-uncertain economy, could provide hurdles to Biden’s reelection. The Washington beltway event may be indicative of what’s to come for the Biden reelection campaign strategy. “Just like four years ago—I’m off to teach and Joe’s launched his (re-election) campaign! Obama held his first reelection campaign rally in May 2012, 13 months after announcing his bid for a second term. The wait for a Biden reelection rally could be just as long.

REUTERS/Karen Pulfer FochtApril 9 (Reuters) - Two Tennessee Democrats who were expelled from the Republican-dominated state House of Representatives last week over their participation in a gun control protest said on Sunday that they hoped to soon reclaim their seats. Metro Council Member Kevin Rhoten said on Twitter that he had been bombarded with emails since Thursday asking him to vote to appoint Justin Jones for the District 52 seat, and that he planned to do that. "I would be honored to accept the appointment of the Shelby County Commission and to run in a special election," Pearson told NBC on Sunday. Videos posted to Twitter showed the two Black lawmakers, Representatives Jones and Pearson, shouting through a bullhorn on the House floor, saying "No action, no peace!" Only two other Tennessee state representatives have been expelled by their colleagues since the Civil War era: one in 1980 for soliciting a bribe in exchange for blocking legislation and another in 2016 after being accused of sexual misconduct by numerous women.

☆ I bought a crumbling Victorian townhouse for $18,000 and transformed it into my dream home — see inside
▼ + stars: | 2023-03-16 | by ( Kiera Fields | ) www.businessinsider.com time to read: +10 min

Betsy Sweeny bought a 3,025-square-foot crumbling Victorian house when she was 27 for only $18,000. Sweeny's living room during renovations. Betsy SweenySweeny's renovated living room with replica curved glass windows. It wanted staged after photos, so within 12 weeks, I finished one bathroom, the living room, the dining room, the foyer, and the exterior. The primary bedroom, living room, dining room, and baths were completely finished — the kitchen was ugly.

☆ Disney could use an activist investor like Nelson Peltz to help get its financial house in order
▼ + stars: | 2023-01-19 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

An activist investor like Trian Partners' Nelson Peltz on Walt Disney 's (DIS) board could help prod the entertainment conglomerate to address its financial woes and implement much-needed changes to create long-term value for the company and its shareholders. "Lots of angry people ask me why I support Nelson Peltz for the Disney board, and I give a simple answer: What has this board done for its shareholders other than wipe out more shareholder money?" Nonetheless, Disney's board unanimously decided against offering Peltz a seat, according to an SEC filing the company submitted Tuesday. Peltz, whose next step in his fight is to convince voting Disney shareholders he deserves a board seat, has had success serving on several company boards. Wall Street has had a mixed reaction to Peltz's efforts to obtain a board seat.

LONDON, Oct 26 (Reuters) - Britain's new Prime Minister Rishi Sunak earned cheers from his lawmakers and plaudits from political commentators on Wednesday as he locked horns with the opposition Labour Party in parliament for the first time since becoming leader. "My record is, when times are difficult in this country I will always protect the most vulnerable," Sunak said to vociferous support from the Conservative benches in the House of Commons. Britain's Prime Minister Rishi Sunak walks outside Number 10 Downing Street, in London, Britain, October 26, 2022. Sunak's Conservatives saw their standing in opinion polls sink to multi-year lows as Truss stumbled through her six weeks as prime minister. "The only time he ran in a competitive election, he got trounced by the former prime minister who herself got beaten by a lettuce," Starmer said.

☆ Zhou Jihong: She apologized for verbally abusing an Olympic judge, but questions over the conduct of China's 'Iron Lady' of diving remain
▼ + stars: | 2022-05-11 | by ( George Ramsay | ) edition.cnn.com time to read: +13 min

That was after Zhou, who has been dubbed the “Iron Lady” of Chinese diving, allegedly launched a verbal tirade at Wright at the 10m platform event’s conclusion for underscoring Chinese divers. In a diving event, judges on the panel award each dive a score ranging from zero to 10. Lintao Zhang/Getty ImagesAccording to Latimer, Zhou has “substantial input” when it comes to deciding which judges are chosen to officiate at competitions. From FINAAllegations against Zhou, Latimer says, have been slow to emerge due to her influential status within the sport. The “Iron Lady” of Chinese diving, Zhou became the country’s first ever Olympic gold medalist in the sport in 1984.

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