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☆ Is it time to worry about stagflation?
▼ + stars: | 2023-08-10 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +8 min

CNN —For the past two years, economists have been worrying about the risks of high inflation rates. But far less attention has been given to inflation’s sibling: stagflation. Stagflation is the combination of high inflation and a slowing economy. The current state of stagflation: Last year, then-World Bank President David Malpass warned that stagflation risks were high because of supply chain disruptions stemming from lockdowns in China and bans on Russian oil. What’s happening now: The risk of stagflation varies significantly across different regions of the globe.

Persons: Stagflation, David Malpass, Janet Yellen, ”, Lan Ha, stagflation, Andrew Kenningham, “, That’s, ” Kenningham, ” Ha, Ha, Parija Kavilanz, don’t, Dallin Hatch, Biden, Joe Biden, Trump, Matt Egan, It’s Organizations: CNN Business, Bell, CNN, Federal, World Bank, Euromonitor, Capital Economics, Bank of England’s, National Institute of Economic, Social Research, Trump Locations: Israel, lockdowns, China, Europe, Germany, Ukraine, Saudi Arabia

☆ Ukrainian troops on southern front 'expected less resistance' from Russia, tank commander says
▼ + stars: | 2023-08-10 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

Ukrainian troops underestimated Russia's response to their counteroffensive, CNN reported. Troops fighting on the southern front told the outlet they "expected less resistance." One Ukrainian tank operator told CNN: "The biggest problem is underestimation of the enemy." Many of the Western-trained Ukrainian troops have also started to abandon US tactics because they have proved ineffective, The New York Times reported earlier this month. But a Ukrainian tank operator from the 15th National Guard told CNN that Western criticism is "wrong."

Persons: —, Lotos, chatted, Vitaly Organizations: CNN, Troops, Service, Ukraine's, New York Times, 15th National Guard Locations: Ukrainian, Wall, Silicon, Russia, Kharkiv, Ukraine

☆ Ukrainian soldier who lost his leg says he wouldn't volunteer again, voicing a rare but spreading pessimism
▼ + stars: | 2023-08-10 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

A Ukrainian described losing his leg to a land mine while speaking with The Washington Post. He was one of several to express a relatively rare note of despondency in the war against Russia. Ruslan Proektor, 52, told the outlet in a report published Thursday that he lost his leg this summer after stepping on a Russian mine. "They are taking everyone and sending them to the front line without proper preparation," he told the Post. Other people who spoke with The Washington Post also deviated from the prevailing Ukrainian sentiment of unity and defiance, citing the disappointing counteroffensive as a cause of their fading hopes.

Persons: Ruslan Proektor, Proektor, Michael Kofman Organizations: Washington Post, Russia, Service, NATO, Guardian, New York Times, Times Locations: Wall, Silicon, Ukrainian, Kyiv, Ukraine

☆ How we're buying perfume lately could signal how we're feeling about the economy
▼ + stars: | 2023-08-09 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +3 min

New York CNN —How consumers are feeling about the health of the US economy, and of their own wallets, could be showing up in the way we’re buying one particular indulgence — perfume. During periods of economic uncertainty, consumer behavior experts say shoppers tend to alter their purchase patterns, especially for discretionary goods. They either switch to cheaper alternatives, cut back on how often they buy a product, or stop buying some products completely. Perfume is no exception to these trends, as cheaper variants are seeing sales shoot through the roof. And that’s just one way in which consumers are pulling back, despite more traditional economic indicators telling a much rosier story.

Persons: don’t, ”, Dallin Hatch, Hatch, Jacquelyn, ” Larissa Jensen Organizations: New, New York CNN Locations: New York, Circana

☆ House Republicans say Biden could be impeached by the end of the year: report
▼ + stars: | 2023-08-08 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

House Republicans view it as almost certain that they will move forward with impeaching Biden this fall. But in actuality, House Republicans think it's likely they'll later impeach Biden. A vote to authorize an impeachment inquiry into President Joe Biden is not a direct vote on impeachment, but it would make a major escalation in House Republicans' probes of Biden. "Once the barn doors are open, so to speak, the horses are out," an unnamed senior House Republican told CNN. Of particular note are the 18 Republicans who represent congressional districts won by President Joe Biden in 2020.

Persons: impeaching Biden, it's, Biden, Joe Biden, Kevin McCarthy, Sen, Chuck Grassley, acquit Joe Biden, Donald Trump, Trump's, Don Bacon, Biden wasn't, Hunter, Bacon, POTUS wasn't, Ian Sams Organizations: Republicans, Service, CNN, Biden, FBI, Iowa Republican, Republican, Democrats, Democrat, Nebraska Republican, Twitter Locations: Wall, Silicon, Iowa

☆ China repeats call for Philippines to remove grounded warship
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +3 min

The dispute over the Second Thomas Shoal in South China Sea came after Manila accused China's coast guard of "excessive and offensive actions" against Philippines vessels. "China once again urges the Philippine side to immediately remove the warship from Second Thomas Shoal and restore it to its unoccupied state," China's foreign ministry said in a statement. Tensions have soared between the two countries over the South China Sea under Philippine President Ferdinand Marcos Jr, with Manila pivoting back to the United States, which supports Manila in its maritime disputes with China. Echoing the foreign ministry, the Chinese ambassador to the Philippines said on Tuesday China had no choice but to respond. China claims sovereignty over almost the entire South China Sea, which overlaps with the waters of Malaysia, Vietnam, Brunei, Taiwan and the Philippines.

Persons: Thomas Shoal, Thomas, Jonathan Malaya, Ferdinand Marcos Jr, Huang Xilian, Ella Cao, Liz Lee, Karen Lema, Jacqueline Wong, Gerry Doyle Organizations: China Coast Guard, Philippine Coast Guard, Philippine, REUTERS, National Security Council, South China, China, Thomson Locations: South, BEIJING, MANILA, Philippines, Manila, Beijing, South China, China's, China, Philippine, Ayungin, United States, Malaysia, Vietnam, Brunei, Taiwan

☆ Opinion: Why Republicans are turning against aid to Ukraine
▼ + stars: | 2023-08-07 | by ( Adam Kinzinger | ) edition.cnn.com time to read: +7 min

In the CNN poll published Friday, 55% of all respondents said that Congress should stop authorizing new military aid for Kyiv. Worse, from my perspective, is the shameful fact that Republicans are far more likely to favor an end to aid than Democrats. He also has said the US should prioritize school safety over Ukraine aid. Certainly, the CNN poll suggests a measurable level of Democratic support for military solutions to geopolitical crises. Official opposition to Ukraine aid is most significant in Congress, which does play a role in what happens to the flow of assistance.

Persons: Adam Kinzinger, Kinzinger, —, SSRS, Reagan, pollsters, Trump, Donald Trump, Vladimir Putin, Putin, Hitler, Charles Coughlin, Joe Biden’s, Hunter, ” Trump, Republicans ’ Biden, Hunter Biden, Dominic Tierney, Ron DeSantis, ” DeSantis, Mike Pence, Chris Christie Organizations: CNN, Republican, House Foreign Affairs, Air National Guard, Russia, Kyiv, Republicans, Ukraine, White, Fox News, FBI, DOJ, IRS, Swarthmore College, Florida Gov, Twitter, Trump, Former New Jersey Gov, GOP Locations: Illinois, Russia, Russian, Ukraine, Soviet Union, The, Iraq, Afghanistan, America, Florida, Iowa, Kyiv

☆ Striking Hollywood writers, studios meet to discuss resuming talks
▼ + stars: | 2023-08-04 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +4 min

[1/5] SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line during their ongoing strike outside Paramount Studios in Los Angeles, California, U.S., August 2, 2023. REUTERS/Mario AnzuoniLOS ANGELES, Aug 4 (Reuters) - As the Hollywood writers' strike approaches the 100-day mark, Writers Guild of America (WGA) negotiators will meet on Friday with representatives of the major studios for the first time in three months to discuss whether contract talks can resume. "We challenge the studios and AMPTP to come to the meeting they called for this Friday with a new playbook," the WGA said in an email. Fox is expected to announce that television's Emmy Awards will be rescheduled to air in January due to the strikes, the Los Angeles Times reported, citing a person familiar with the plans. Reporting by Dawn Chmielewski in Los Angeles; additional reporting by Danielle Broadway in Los Angeles Editing by Mary Milliken and David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Mario, Walt Disney, Fox, Jorge A . Reyes, Kevin Hill, Dawn Chmielewski, Danielle Broadway, Mary Milliken, David Gregorio Our Organizations: Writers Guild of America, Paramount Studios, REUTERS, Hollywood, Guild of America, WGA, Television Producers, Walt, Netflix, Screen Actors, Los Angeles Times, Warner Bros Discovery, Thomson Locations: Los Angeles , California, U.S, Los Angeles

☆ Redistricting battles could determine control of US House in 2024
▼ + stars: | 2023-08-03 | by ( Joseph Ax | ) www.reuters.com time to read: +6 min

But a series of legal challenges, including a major U.S. Supreme Court ruling, have cast many of those district lines into doubt. Legal experts said the ruling bolsters similar challenges in Georgia and Louisiana, where voting rights groups have argued that Republican-drawn maps marginalized Black voters. In Ohio, the state Supreme Court appears set to alter course after previously finding Republican maps violated the state constitution’s prohibition on gerrymandering. In Wisconsin, the most expensive state Supreme Court election in U.S. history resulted in a new liberal majority. OTHER BATTLESLast month, the Utah Supreme Court heard arguments over the state’s Republican-drawn congressional map, which carved Democratic Salt Lake County into four separate districts.

Persons: reconvenes, Leah Millis, –, ”, Michael Li, University’s, “, Kathy Hochul, Janet Protasiewicz Organizations: YORK, House, U.S . Capitol, Republican, REUTERS, Republicans, Census, Supreme, Center for Justice, U.S, Democrat, REPUBLICAN, STATE, Democratic, Ohio’s Republican, DEMOCRATIC, Utah Supreme Locations: New York, Utah, U.S, Washington , U.S, New, Black, Georgia, Louisiana, North Carolina, Ohio, In Wisconsin, Democratic Salt Lake County, New Mexico

☆ Trump set to return to Washington for monumental court date – but a national catharsis is unlikely
▼ + stars: | 2023-08-03 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

Hundreds of Trump’s supporters have already faced a courtroom reckoning for their efforts to disrupt the certification of a democratic election. Trump faces charges of conspiracy to defraud the United States, conspiracy to obstruct an official proceeding, obstruction of and attempt to obstruct an official proceeding and conspiracy against rights. Another reason why Trump’s trial is unlikely to be the kind of unifying event that eases a deep national wound is that most of his Republican Party is closing ranks around him. Given the political recriminations of a trial of a former president, it is reasonable to question whether such a prosecution is in the national interest. “Anyone who asks someone else to put themselves over the Constitution should never be president of the United States again,” Pence told reporters at the Indiana state fair.

Persons: Donald Trump, Trump, Joe Biden’s, snubbing, Jack Smith –, “, Van Jones, Smith, Rudy Giuliani, John Eastman, ” Trump, Joe Biden, President Trump, Elise Stefanik, Biden didn’t, Biden, –, Mike Pence, ”, Pence, ” Pence Organizations: CNN, GOP, Biden, Capitol, Trump, White, Republican, ”, Republican White House Locations: United States, Washington, DC, New York, Lago, Florida, Indiana

☆ Man who visited every country without flying has finally returned home
▼ + stars: | 2023-08-02 | by ( Kate Springer | ) edition.cnn.com time to read: +14 min

After nearly ten years of travel, Pedersen successfully visited his 203rd and final country, the Maldives, and began his long-awaited voyage back to Denmark. In early 2020, the intrepid traveler suddenly found himself stuck in Hong Kong for two years with just nine countries left. “I look back at Hong Kong, and it’s a bit of a paradox. Next came a 16-day journey back to Hong Kong, where he returned to hotel quarantine for another two weeks. Pedersen in Hong Kong, where he spent an unexpected two years during the pandemic.

Persons: Torbjørn, Thor ” Pedersen, Pedersen, He’d, ” Pedersen, ”, “, Le, I’ve, He’s, ‘, ’ ”, Maxime Champigneulle, Gunnar Garfors, it’s, It’s, you’ve, he’s, “ There’s, Mike Douglas Organizations: CNN, CNN Travel, Maersk, “, Port, Le, UN, Danish, Hong, Denmark, Pacific, Tonga, National Museum, Ross Energy, Aarhus . Port Locations: Denmark, Maldives, Danish, Malaysia, Sri Lanka, Aarhus, Kenya, Colombia, Australia, Norway, Guinea, Equatorial Guinea, Mongolia, Pakistan, Syria, Iran, Nauru, Angola, Ghana, Iceland, Canada, Hong Kong, Everest, Palau, New Zealand, Samoa, Tonga, Vanuatu, Pacific, Tuvalu, Fiji, Singapore, Malé, Norwegian, Aarhus ., Aarhus What’s, Suez, Germany

☆ Russia strikes Ukraine's Danube port, driving up global grain prices
▼ + stars: | 2023-08-02 | by ( Pavel Polityuk | ) www.reuters.com time to read: +7 min

Kubrakov, writing on Facebook, said the Danube ports' infrastructure had been "devastated". "Ukrainian grain is indispensable for the world and cannot be replaced by any other country in the coming years," he wrote. "The port of Izmail suffered the most damage, including the terminal and infrastructure of the Danube Shipping Company." Russian state news agency RIA said the port and grain infrastructure hit was housing foreign mercenaries and military hardware. Seaport authority head Yuriy Lytvyn said on Facebook that repair work had already begun and the port infrastructure continued to operate.

Persons: Oleksandr Kubrakov, Volodymyr Zelenskiy, RIA, Oleh Kiper, Yuriy Lytvyn, Nina, PUTIN, Vladimir Putin, Tayyip Erdogan, West, Putin, Erdogan, Ukraine Bridget Brink, Russia's, Farhan Haq, Pavel Polityuk, Peter Graff, Hugh Lawson, Daniel Wallis, Michelle Nichols, Simon Cameron, Moore, Philippa Fletcher, Giles Elgood, Cynthia Osterman Organizations: NATO, Romania Kyiv, Ukraine's, Russia reimposed, Facebook, Danube Shipping Company, Reuters, REUTERS, United Nations, Kremlin, International, Court, TASS, U.S, Rih, Thomson Locations: Romania, Russia, Ukraine, Izmail, Africa, China, Israel, Moscow, NATO, Russian, Odesa, Turkey, Soviet, Tehran, Kerch, Crimea, Ports, Kharkiv, Kyiv, Kherson, Constanta

☆ Russia strikes Ukraine's Danube port, sending global grain prices higher
▼ + stars: | 2023-08-02 | by ( Pavel Polityuk | ) www.reuters.com time to read: +5 min

Ukraine's defence ministry said a grain silo was damaged in the Danube port of Izmail in the Odesa region: "Ukrainian grain has the potential to feed millions of people worldwide," the ministry wrote on messaging platform X, formerly known as Twitter. Russian terrorists have once again attacked ports, grain, global food security." "The enemy... is trying to destroy Ukrainian grain, attacking industrial and port infrastructure. Ukrainian officials have said Moscow has hit 26 port facilities, five civilian vessels and 180,000 tonnes of grain in nine days of strikes since quitting the grain deal. Ukraine's Air Force reported that Russia also launched a drone attack on Kyiv and the surrounding region overnight.

Persons: Oleh Kiper, Kiper, Volodymyr Zelenskiy, Izmail, Ukraine's, Serhiy Bratchuk, Pavel Polityuk, Jacqueline Wong, Tom Hogue, Simon Cameron, Moore, Peter Graff Organizations: REUTERS, Ukrainian Volunteer Army, United Nations, Ukraine's Air Force, Air, Thomson Locations: Russian, Ukraine, Odesa, REUTERS KYIV, Russia, Romania, Moscow, reimpose, Izmail, NATO, Ukraine's, Chicago, Constanta, Turkey, Kyiv

☆ Ukrainian tanks are being wiped out by Russian minefields. The country needs its own 'Manhattan Project' to figure out how to clear them, a retired general told the NYT.
▼ + stars: | 2023-08-02 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

The Ukrainian military might need to create its own solutions, a retired army general told the Times. Ukraine uses the US-provided M58 Mine Clearing Line Charge (MICLIC) systems, which Zaluzhny told the Post "are also being destroyed," per the Post. "Ukraine needs a Manhattan Project for mine clearing," Ryan told the Times, referring to the US project to build the world's first atomic bomb during World War 2. Beyond the minefields, the two-month offensive to take back territories claimed by Russia has become a significant challenge for Ukrainian troops dealing with heavily fortified defenses from their opponents. At the same time, Ukrainian troops waited for weapons from the West.

Persons: Valery Zaluzhny, Mick Ryan, Zaluzhny, Ryan, George Barros, Insider's Chris Panella Organizations: Times, Service, The New York Times, Washington Post, Lowy Institute, Russian, Project, Institute for, Ukraine Ministry of Defense Locations: Ukrainian, Wall, Silicon, Ukraine, Western, Australian, Russia

☆ Ukraine's offensive has a problem: Russia knew what was coming and was given way too much time to figure out how to beat it
▼ + stars: | 2023-08-01 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Ukraine has received various Western tanks, weapons systems, fighting vehicles, and armor. But Russia has often sidelined the assets with trenches, anti-tank mines, and fortified defenses. An expert told Insider the West's piecemeal rollout gave Russia time to adapt to each weapons system. Landmines, booby traps, and trip wires are a favorite Russian tactic, turning Ukraine's environment against Kyiv's own troops. To deal with Ukraine's mine clearers and sappers, Russia has stacked anti-tank mines to destroy de-mining equipment that can only handle so much explosive force.

Persons: George Barros, Thomas Alvarez, Joe Biden, They've, Abrams, Mykhailo Podolyak, Barros, Serhii, we've, Bradley, they're, Viktor Fridshon, Ritzau Scanpix, It's Organizations: Service, Russian, Ukraine, Institute for, M1A2 Abrams Tanks, 116th Cavalry Brigade Combat, Idaho Army National Guard, Orchard Combat Training, Pentagon, Getty, Ukrainian National Guard Locations: Ukraine, Russia, Wall, Silicon, Russian, Moscow, Soviet, Odesa, AFP

☆ Four Nigerians, rescued in Brazil, survived 14 days on a ship's rudder
▼ + stars: | 2023-08-01 | by ( Steven Grattan | ) www.reuters.com time to read: +3 min

They survived another four days, according to their account, by drinking the sea water crashing just meters below them, before being rescued by Brazilian federal police in the southeastern port of Vitoria. "It was a terrible experience for me," said 38-year-old Thankgod Opemipo Matthew Yeye, one of the four Nigerians, in an interview at a Sao Paulo church shelter. Both men said economic hardship, political instability and crime had left them with little option but to abandon their native Nigeria. He had never met his new shipmates and feared they could toss him into the sea at any moment. Father Paolo Parise, a priest at the Sao Paulo shelter, said he had come across other cases of stowaways, but never one so dangerous.

Persons: Matthew Yeye, Friday, Ken, Father Paolo Parise, Steven Grattan, Gabriel Stargardter, Rosalba O'Brien Organizations: SAO PAULO, Liberian, Sao, Thomson Locations: Vitoria, Sao Paulo, Europe, Brazil, Nigeria, Africa's, Lagos

☆ Bank of Japan will likely abandon yield curve control in the first quarter of 2024: Nomura
▼ + stars: | 2023-08-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank of Japan will likely abandon yield curve control in the first quarter of 2024: NomuraRob Subbaraman of Nomura expects the Japanese yen to strengthen against the U.S. dollar in the medium term as the Bank of Japan embarks on the journey of monetary policy normalization.

Persons: Nomura Rob Subbaraman, Nomura Organizations: Email Bank of, U.S, Bank of Japan Locations: Email Bank of Japan

☆ Even Pope Francis is calling on Russia to rejoin the Black Sea grain initiative as wheat prices spike
▼ + stars: | 2023-07-31 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Pope Francis called on Russia to restore the Black Sea grain deal Sunday. “I appeal to my brothers, the authorities of the Russian Federation, so that the Black Sea initiative may be resumed and grain may be transported safely,” Francis said. "I appeal to my brothers, the authorities of the Russian Federation, so that the Black Sea initiative may be resumed and grain may be transported safely," Francis said during his weekly Angelus message, delivered to Roman Catholics worldwide. Benchmark wheat prices had their biggest one-day jump in over a decade the week Russia pulled out of the Black Sea grain deal, a United Nations-brokered agreement that had allowed Ukraine to export grains and oilseeds through a safe shipping corridor for the past year. As well as Pope Francis, top policymakers from the UN and European Union have warned that Russia's latest economic assault on the West will make it much more expensive for poorer countries to import grain.

Persons: Pope Francis, Moscow, ” Francis, Francis, Angelus, Pope, António Guterres, Josep Borrell Organizations: UN, Russian Federation, Service, United Nations, Chicago Board of Trade, Kremlin, European Union Locations: Russia, Wall, Silicon, Ukraine, Moscow

☆ Pope urges Russian 'brothers' to restore Black Sea grain deal
▼ + stars: | 2023-07-30 | by ( Alvise Armellini | ) www.reuters.com time to read: +2 min

VATICAN CITY, July 30 (Reuters) - Pope Francis on Sunday called on Russia to reverse its decision to abandon the Black Sea grain deal, under which it had allowed Ukraine to export grain from its seaports despite the ongoing war. "I appeal to my brothers, the authorities of the Russian Federation, so that the Black Sea initiative may be resumed and grain may be transported safely," Francis said during his weekly Angelus message. Global wheat prices have spiked since Russia on July 17 quit the pact, which was brokered by the United Nations and Turkey in July 2022, and began targeting Ukrainian ports and grain infrastructure on the Black Sea and Danube River. Addressing crowds in St Peter's Square, the pope urged the faithful to continue praying "for martyred Ukraine, where war is destroying everything, even grain," calling this "a grave insult to God." Russia walked out of the Black Sea deal after saying its demands to ease sanctions on its own grain and fertilizer exports had not been met.

Persons: Pope Francis, Francis, Angelus, Vladimir Putin, Azali Assoumani, Cardinal Matteo Zuppi, Zuppi, Alvise Armellini, Angus MacSwan, Susan Fenton Organizations: CITY, Russian Federation, United, African Union, Thomson Locations: Russia, Ukraine, United Nations, Turkey, St Peter's, Moscow, Africa, Kyiv, Washington

CNN —Ukraine has passed legislation moving its official Christmas holiday to December 25, further distancing itself from the traditions of the Putin-aligned Russian Orthodox Church, which celebrates the holiday on January 7. A branch of the Orthodox Church of Ukraine allowed its churches to celebrate Christmas on December 25 last year. Ukraine’s main Greek Catholic church said in February it was moving to a new calendar to celebrate Christmas on December 25 as well. In December, the Ukrainian government launched a poll asking citizens whether the date for Christmas should be moved to December 25. They added that they celebrated Christmas on December 25 last year and felt they would “quickly adapt.”“Ukraine should be a civilized European country,” Alla said.

Persons: Putin, Volodymyr Zelensky, Ukraine “, “, Kirill, Alla, Oksana, ” Alla, ” Vitalina, Pavlo, ” Pavlo, Tetyana Organizations: CNN, Church, ”, Orthodox, of, Catholic, Ukrainian Locations: Ukraine, ” Ukraine, Russia, Crimea, Donbas, Moscow, Christianity, of Ukraine, Ukraine’s, Ukrainian, Zaporizhzhia, Lviv, Kyiv, Europe

☆ Trump shows in Iowa he still rules the GOP – despite his deepening criminal peril
▼ + stars: | 2023-07-29 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

“As it stands right now, you will be voting in Iowa, while multiple criminal cases are pending against former President Trump,” Hutchinson said. Donald Trump is not running for president to represent the people that voted for him in 2016 and 2020,” Hurd said to loud boos. “Donald Trump is running to stay out of prison,” he said as jeers started to crescendo. But if Trump is to be stopped, there is no sign so far that it will happen in Iowa. Unlike some of the other GOP candidates, Trump is not using the dinner to also hold multiple Iowa campaign stops.

Persons: Donald Trump, didn’t, quagmire, Trump, Dunn, ” Trump, Jack Smith, Biden, ”, –, Ron DeSantis, ” DeSantis, Mike Pence, White, ” Pence, I’m, Asa Hutchinson, ” Hutchinson, Will Hurd, “ Donald Trump, ” Hurd, jeers, Joe Biden, it’s, Sen, Barack Obama, Jackson, Scott Olson, DeSantis, South Carolina Sen, Tim Scott, Hawkeye, there’s, Donald J, “ I’m, ” Scott, “, Chris Christie Organizations: CNN, Republican, Brooks, Capitol, GOP, Florida Gov, ABC News, White House, Fox News, Trump . Former Arkansas Gov, Former Texas Rep, CIA, Trump, Democratic, Jefferson, White, Hawkeye State, Iowa, Getty, North, Fox, South, Democrats, New, New Jersey Gov Locations: Iowa, America, Florida, Manhattan, Iowa –, Mar, Erie , Pennsylvania, Des Moines, Hawkeye, North America, South Carolina, “ Hello Iowa, New Jersey, New Hampshire

☆ Why New York AG Letitia James is probably Trump's biggest worry right now (not Jack Smith, Fani Willis or Alvin Bragg)
▼ + stars: | 2023-07-29 | by ( Laura Italiano | ) www.businessinsider.com time to read: +9 min

In three months, Trump faces a civil fraud trial that could run his Trump Organization out of New York. There's Jack, and Fani, and Alvin, of course, all poised to prosecute the former president criminally. And Donald Trump, Donald Trump, Jr., Ivanka Trump, and Eric Trump would further be banned from ever running a business anywhere in the state. The financial and psychic toll to being a mogul in exile would be great, two Trump biographers told Insider. Smith appears on the brink of winning a new indictment, relating to the 2020 election, as does District Attorney Fani Willis in Atlanta.

Persons: Trump, Donald Trump's, There's Jack, Alvin, there's, —, Letitia James —, James, Donald Trump, Donald Trump , Jr, Ivanka Trump, Eric Trump, crowing, Michael D'Antonio, he's, D'Antonio, Alvin Bragg's, Jack Smith's Mar, Smith, Fani Willis, Chris Christie, David Aaron, Aaron, Perkins Coie, Aileen Cannon, Ira Judelson, Dominique Strauss, Kahn, Arthur Engoron, New York —, Nobody, Gwen Blair, Blair, he'll Organizations: Trump Organization, Service, — New York, Trump, New, Republican, Manhattan, Mar Locations: New York, Manhattan, Wall, Silicon, New Yorker, Florida, Atlanta, New Jersey, Washington, DC, Mar, Delaware, Trump Org's, York, Queens, Emerald City, Miami, Bedminster , New Jersey, New York City

☆ Why Are Dave Matthews Band Fans So Loyal?
▼ + stars: | 2023-07-29 | by ( Perri Ormont Blumberg | ) www.nytimes.com time to read: +1 min

On an afternoon in June while wildfire smoke enveloped Manhattan, people lined up outside Irving Plaza — some before dawn, some sporting face masks, some fresh off red-eye flights — to see Dave Matthews. That night, the 56-year-old balladeer was playing a rare solo gig celebrating his namesake band’s new album, “Walk Around the Moon.”Josh Roberts, 42, a special-education teacher in Las Vegas, who has seen the Dave Matthews Band, or DMB, 523 times, stood in that line. Mr. Roberts estimates that he has spent $100,000 on tickets and travel since discovering the band as a struggling high school junior in 1995. “This band has songs about love, depression, sex, things that you connect to,” he said. Mr. Matthews is the first to admit he doesn’t always get it right.

Persons: —, Dave Matthews, balladeer, ” Josh Roberts, Roberts, ”, Matthews, doesn’t, “, ’ ”, DMB Organizations: Irving, ChatGPT Locations: Manhattan, Las Vegas, TriBeCa, Charlottesville, Va, DMB

☆ DeSantis' Bud Light brawl marks his latest move in anti-corporate gambit
▼ + stars: | 2023-07-28 | by ( James Oliphant | ) www.reuters.com time to read: +6 min

DeSantis trails Republican front-runner Donald Trump by more than 20 points nationally in the 2024 primary race. But a Republican lobbyist in Washington who represents several Fortune 500 companies said DeSantis’ approach is sound for winning the Republican primary. “DeSantis is doing what he’s doing because it's good politics,” said the lobbyist, who asked to remain unidentified so as to not take sides in the presidential race. A company spokesman told Reuters that "Anheuser-Busch InBev takes our responsibility to our shareholders, employees, distributors and customers seriously." On the trail, DeSantis has accused the Food and Drug Administration of being “captured” by the pharmaceutical industry.

Persons: Ron DeSantis, DeSantis, Donald Trump, Alex Conant, ” Conant, “, ”, Bob Iger, Trump, Bud Light, influencer Dylan Mulvaney, Trump’s, Donald Trump Jr, Bud Light’s, Morningstar, James Oliphant, Colleen Jenkins, Alistair Bell Organizations: Bud Light, Republican, Republican Party, Disney, Republicans, Reuters, Fortune, Democratic Party, Anheuser, Busch InBev, and Drug Administration, Thomson Locations: Florida, Washington, America

☆ Argentina should ditch the peso in favor of a 'hard dollar regime' to get inflation under control, think tank says
▼ + stars: | 2023-07-28 | by ( Jason Ma | ) www.businessinsider.com time to read: +3 min

Argentina should adopt the US dollar to get inflation under control, the Cato Institute said. "This type of hard dollar regime is exactly what Argentina needs now." This type of hard dollar regime is exactly what Argentina needs now," Cato researchers wrote in a paper published on Thursday. A top presidential candidate has proposed switching to the dollar as a way to tame inflation, which is soaring more than 100%. Other countries use the dollar as their primary currency or alongside a local currency, including some in Latin America.

Persons: Cato, Steve Hanke, Argentina's, Hanke, dollarization Organizations: Cato Institute, Service, Argentine, International Monetary Fund, Johns Hopkins University Locations: Argentina, Wall, Silicon, Latin America

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