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Opinion | The Only Way Forward
  + stars: | 2023-11-25 | by ( The Editorial Board | ) www.nytimes.com   time to read: +11 min
This board has called many times for an independent Palestinian state alongside Israel, and we have called for mercy and reason in the current conflict. It is also noteworthy that the Palestinian Authority under Mr. Abbas has largely stayed clear of the Gaza eruption. Israel is the dominant power here, and in the current conflict, Israel will once again need to be first to move toward the establishment of a Palestinian state. Holding Israel’s leaders to account in no way lessens the responsibility that Hamas and Palestinian Islamic Jihad bear for the present suffering in Gaza. Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram.
Persons: They’ve, , Ehud Barak, Yasir Arafat, Barak’s, Ehud Olmert, Mahmoud Abbas, Yitzhak Rabin, Olmert’s, Benjamin Netanyahu’s, West Bank —, Biden, United Arab Emirates —, Barak, Olmert, Israel —, Abbas, Netanyahu, Israel, I’d, Netanyahu’s, Hamas, Rabin, Arafat, Okea Organizations: Palestinian Authority, West Bank, Palestinian, Hamas, Israel, United, Abraham Accords, Mr, Ilan University, Getty Images, New York, Facebook, Twitter Locations: Israel, Gaza, United States, Oslo Accords, Jerusalem, Saudi Arabia, Qatar, Bahrain, United Arab Emirates, Iran, Abraham, Indonesia, Palestinian
[1/2] An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. Both contracts had their first weekly gain in five weeks as OPEC+ prepares for a meeting that will have output cuts high on the agenda after recent oil price declines on demand concerns and burgeoning supply, particularly from non-OPEC producers. OPEC+ has moved closer to a compromise with African oil producers on 2024 output levels, three OPEC+ sources have told Reuters. "Fundamentals developments have been bearish with rising U.S. oil inventories," ANZ analysts said in a note. Analysts say oil demand growth could weaken to about 4% in the first half of 2024 as the property sector crunch weighs on diesel use.
Persons: John Kilduff, Tony Sycamore, Brent, Craig Erlam, Tina Teng, Paul Carsten, Natalie Grover, Colleen Howe, David Goodman, Louise Heavens, Marguerita Choy Organizations: REUTERS, U.S, Brent, West Texas, Organization of, Petroleum, Reuters, OANDA, ANZ, Petrobras, Thomson Locations: Zhoushan, Zhejiang province, China, Gaza, OPEC, Wednesday's, WTI, Israel, New York, Russia, U.S, London, Beijing
Here are the biggest tech stock buys by major investors
  + stars: | 2023-11-24 | by ( Yun Li | ) www.cnbc.com   time to read: +2 min
Technology stocks have been powering this year's stock market rally despite the threat of elevated interest rates staying higher for longer. For a better illustration of position changes over the course of the quarter, Dick estimated the notional value of the tech buying using "volume-weighted average prices" (VWAP), a common Wall Street yardstick, last quarter. Meta was the stock that saw the strongest buying from professional investors last quarter, Bank of America said. Meanwhile, Activision Blizzard also saw elevated buying from big investors betting that the merger with Microsoft would get regulatory approval and close. Other well-loved tech names that saw increased buying included Uber, Qualcomm , DataDog and Intel .
Persons: Michael Dick, Dick, Meta, Airbnb Organizations: Securities and Exchange Commission, Bank of America, Technology, Media, Telecommunications, Nasdaq, Meta, Activision Blizzard, Microsoft, Uber, Qualcomm, DataDog, Intel Locations: Airbnb
A Tata sign is seen outside their offices in London, Britain March 30, 2016. REUTERS/Toby Melville//File Photo Acquire Licensing RightsBENGALURU, Nov 24 (Reuters) - India's Tata Technologies' 30.43 billion rupee ($366 million) initial public offering (IPO) remained the most oversubscribed domestic IPO this week, signalling robust demand for the Tata group's first public float in nearly two decades. Investors bid for about 3.13 billion shares worth 1.56 trillion rupees ($18.74 billion) by the close of subscriptions on Friday, compared with the 45 million shares on offer, with institutional investors showing the most interest. This is the first Tata group company IPO since Tata Consultancy Services (TCS.NS) in 2004. Tata Technologies, which provides engineering and technology services to auto, aero and heavy machinery makers, will be valued at 202.83 billion rupees at the top-end of its price band of 475-500 rupees.
Persons: Toby Melville, Arun Kejriwal, Rama Venkat, Sonia Cheema Organizations: Tata, REUTERS, Rights, India's Tata Technologies, Tata group's, Kejriwal Research, Investment Services, Tata Consultancy Services, Tata Technologies, Fedbank Financial Services, Flair, Industries, Indian Renewable Energy Development Agency, Gandhar Oil, Kejriwal, Thomson Locations: London, Britain, India, Bengaluru
IFB survivors in ‘Let Us Prey’ Photo: Warner Bros. DiscoveryThere is much that is depressingly familiar about “Let Us Prey: A Ministry of Scandals,” a four-part documentary that examines sexual abuse within the Independent Fundamental Baptist Church. According to one source in the program, eight million people identify as “IFB.” Few of them are going to be happy. Let Us Prey: A Ministry of Scandals Begins Friday, ID (Investigation Discovery) and MaxWill viewers? What is significant about ”Let Us Prey” is not the experiences of the individuals involved, but the institutional structures that not only enabled their abusers but gave them succor.
Persons: , Max Will, that’s Organizations: Warner Bros, Fundamental Baptist Locations:
Under the new terms offered by Brookfield, the A$9.43 per share bid remains but some investors can stay invested in the energy markets business that would be owned by Brookfield. Brookfield's consortium partner EIG Partners would take on Origin's integrated gas business which includes the 27.5% stake in Australia Pacific LNG (APLNG). If that bid fails to achieve 75% shareholder support, an alternative proposal has been lodged that would see Origin sell the energy markets business to Brookfield for A$12.3 billion. When asked during a press conference if he had reservations about the revised deal, Chairman Scott Perkins said: "absolutely". DONE TALKINGFollowing the announcement of the revised offer, EIG CEO Blair Thomas told Reuters that he was done talking to AustralianSuper.
Persons: Dado Ruvic, Australia's, EIG, Scott Perkins, Blair Thomas, Allan Gray, Simon Mawhinney, Mawhinney, Chris Bowen, Scott Murdoch, Lewis Jackson, Praveen Menon, Lincoln, Sonali Paul, Jamie Freed Organizations: Brookfield, REUTERS, SYDNEY, Brookfield ., EIG Partners, Australia Pacific LNG, Reuters, Brookfield consortium's, Energy, Thomson Locations: Brookfield, Sydney, Australia
Origin said based on the early votes received the original offer would not have won support. Under the new terms, the A$9.43 per share bid remains but some investors can stay invested in the energy markets business that would be owned by Brookfield. If that bid fails to achieve 75% shareholder support, an alternative proposal has been lodged that would see Origin sell the energy markets business to Brookfield for A$12.3 billion ($8 billion). Origin shareholders would receive a total of A$9.08 per share, with an additional A$0.22 if EIG got up to 90.1% control of Origin. Institutional investors who have already voted on the A$9.43 offer can choose to change or keep their vote, or opt to invest in the energy markets business.
Persons: Dado Ruvic, EIG, Chris Bowen, Scott Murdoch, Lewis Jackson, Miral Fahmy, Lincoln, Sonali Paul Organizations: Brookfield, REUTERS, Companies Brookfield, Origin Energy, Brookfield ., EIG Partners, Australia Pacific LNG, Brookfield consortium's, Energy, Thomson Locations: SYDNEY, Brookfield, Sydney, Australian, Australia
Fidelity raises $700 mln in its first bond mutual fund in China
  + stars: | 2023-11-23 | by ( ) www.reuters.com   time to read: +3 min
SHANGHAI/SINGAPORE, Nov 23 (Reuters) - Fidelity International has garnered 5 billion yuan ($700 million) from investors for its first fixed income mutual fund in China, deepening the asset manager's involvement in the $3.8 trillion mutual fund market. The bond fund - Fidelity's second mutual fund product in China - raised the sum mainly from institutional investors in a three-week, shortened subscription period, the money manager said. China's mutual fund industry is crowded with over 150 players, including foreign ones such as BlackRock (BLK.N), Schroders (SDR.L) and JPMorgan Asset Management. "The fundraising size is rather encouraging," due to tough competition in the local market and Fidelity's limited track record in China, said Huang, who heads Fidelity International's two-year-old China mutual fund unit. Fidelity International was formerly the international investment arm of Boston-based Fidelity Investments before being spun off.
Persons: Helen Huang, Huang, Neuberger Berman, ASIFMA, Li Gu, Samuel Shen, Tom Westbrook, Muralikumar Organizations: Fidelity International, Reuters, Fidelity, JPMorgan Asset Management, Fidelity Investments, Regulators, China Securities Regulatory Commission, Thomson Locations: SHANGHAI, SINGAPORE, China, BlackRock, Boston, Beijing, Shanghai, Singapore
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSYDNEY, Nov 23 (Reuters) - A Brookfield-led consortium's A$16.3 billion ($10.61 billion) bid for Origin Energy (ORG.AX) is expected to fail after the largest shareholder in Australia's biggest energy retailer said it would vote against the offer at an investor meeting on Thursday. The energy company's shares closed on Wednesday at A$8.42, up 1.69%, but well below the offer price of A$9.43 per share. If everyone thought it was going ahead the share price would be higher," he told Reuters. Brookfield and Origin Energy declined to comment on Thursday's vote. Origin shares remain 2.1% lower than last week's close and have traded well below the offer price since the new bid arrived, suggesting investors were pessimistic of its success.
Persons: Dado Ruvic, EIG, Jamie Hannah, I'm, Macquarie, Ian Myles, Scott Murdoch, Lewis Jackson, Miral Organizations: Brookfield, REUTERS, Rights, Origin Energy, Newmont Corp, Newcrest Mining, Brookfield Corp, Energy, VanEck, Reuters, Thomson Locations: Brookfield, Sydney
The A$300 billion ($195.24 billion) pension fund was against the original offer, which it also said substantially undervalued the company's ability to profit from Australia's shift to renewable energy. Under the new terms offered by Brookfield, the A$9.43 per share bid remains but some investors can stay invested in the energy markets business that would be owned by Brookfield. Brookfield's consortium partner EIG Partners would take on Origin's integrated gas business which includes the 27.5% stake in Australia Pacific LNG (APLNG). If that bid fails to achieve 75% shareholder support, an alternative proposal has been lodged that would see Origin sell the energy markets business to Brookfield for A$12.3 billion. DONE TALKINGFollowing the announcement of the revised offer, EIG CEO Blair Thomas told Reuters that he was done talking to AustralianSuper.
Persons: Dado Ruvic, Australia's, EIG, Scott Perkins, Blair Thomas, Allan Gray, Simon Mawhinney, Mawhinney, Chris Bowen, Scott Murdoch, Lewis Jackson, Praveen Menon, Lincoln, Sonali Paul, Jamie Freed Organizations: Brookfield, REUTERS, SYDNEY, Brookfield ., EIG Partners, Australia Pacific LNG, Reuters, Brookfield consortium's, Energy, Thomson Locations: Brookfield, Sydney, Australia
On Veteran’s Day, Trump called his enemies “vermin” and spoke of his intention to go after opponents should he regain power. Presidential power has been a bipartisan affair. Frustrated with the Republican Congress, for instance, President Bill Clinton used executive action to expand the environmental programs of the federal government. Most recently, Biden leaned on executive power to advance a student loan forgiveness program that the courts ultimately overturned. When presidents use presidential power in dangerous ways, not only does this present a dangerous stress test at the moment, but it also means that over time, the expansions of power are rarely cut back.
Persons: Julian Zelizer, Donald Trump’s, it’s, Trump, , Joe Biden, Richard Nixon, “ Mr, Franklin Roosevelt, Nixon, Arthur M, Schlesinger Jr, George W, Bush, Bill Clinton, Biden, It’s, Mike Pence Organizations: CNN, Princeton University, The New York Times, America, Republican, Heritage Foundation, Department of Justice, New York Times, White, Times, Federal Communications Commission, Federal Trade Commission, , Trump Locations: ,
NatWest Group bank logo and decreasing stock graph are seen in this illustration taken March 12, 2023. "I will explore options for a NatWest retail share offer in the next 12 months subject to supportive market conditions and achieving value for money," Hunt said on Wednesday. NatWest shares dipped on Hunt's comments and were last down 1.1% at 204.7 pence, compared with a 0.2% fall in the FTSE 100 (.FTSE) index. The stock is the worst performing FTSE 100 British bank stock this year, down more than a fifth, according to Eikon data. That investment turned sour for many and shares in the renamed holding company International Distributions Service (IDSI.L) are now worth 25% less than its 330 pence offer price.
Persons: Dado Ruvic, Jeremy Hunt, Hunt, Sid, Alasdair Haynes, Nigel Farage, Alison Rose, Iain Withers, Sinead Cruise, David Milliken, Sarah Young, William James, Elaine Hardcastle, Alexandra Hudson Organizations: NatWest Group, REUTERS, Companies, NatWest, Aquis, Royal Mail, Distributions Service, Alexandra Hudson Our, Thomson
WASHINGTON (AP) — While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little interest in pushing through legislation to codify the structure of the industry. The latest shoe to drop is Binance’s multibillion dollar settlement with U.S. authorities and the resignation of its CEO this week. When cryptocurrencies collapsed and a number of companies failed last year, Congress considered multiple approaches for how to regulate the industry in the future. Brown has been highly skeptical of cryptocurrencies as a concept and he’s been generally reluctant to put Congress’ blessing on them through legislation. Yesterday’s development marks the same inflection point that we saw earlier at the intersection of the .com and post-.com eras.”
Persons: Sam Bankman, cryptocurrencies, Janet Yellen, Changpeng Zhao, Zhao, Binance, General Merrick Garland, — Binance, Debbie Stabenow, John Boozman, Sen, Sherrod Brown, Brown, He’s, ” Brown, Fried, can’t, , Dennis Kelleher, Yiannis Giokas Organizations: WASHINGTON, Treasury, White, Biden Administration, Binance, U.S . Treasury, U.S, Securities and Exchange Commission, Coinbase, SEC, PayPal, Futures Trading Commission, Agriculture Committee, U.S ., Financial Services, Senate, Consumer, Better, Moody’s Analytics, U.S . Authorities Locations: Washington, United States, Cayman Islands, Ohio, stablecoins, U.S
Hedge fund short sellers have lost $43 billion in recent days as stocks rally, the Financial Times reported. The S&P 500 is on track for its best month since July 2022. With a more than 7% gain in November, the S&P 500 is on pace for its best month since July 2022. AdvertisementThe FT notes that analysts say some hedge funds have had to repurchase stocks to cover their short bets as a "short squeeze" pushed share prices even higher. According to S3 data, bets against technology, healthcare, and consumer discretionary were the most painful for hedge funds.
Persons: , Stocks, Goldman Sachs, Nicholas Colas, Jessica Rabe Organizations: Financial Times, Service, Wednesday Financial, S3 Partners, Federal Reserve, Carnival Corp
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNov 21 (Reuters) - Spreads on U.S. corporate high-grade bonds are likely to tighten in 2024, according to JPMorgan (JPM.N). In a report published on Monday, JPMorgan forecast that returns on high-grade bonds will reach new highs in 2024 that will continue through the end of the year. The bank anticipates total returns on high-grade bonds climbing to 12.4% by year-end 2024 from 1.8% currently. Lower new bond supply next year will contribute to high-grade spreads' tightening, according to the report. At the same time as it expects high-grade spreads to tighten next year, JPMorgan forecast that high-yield bond spreads will widen.
Persons: Brendan McDermid, HG, Matt Tracy, Marguerita Choy Organizations: Wall, REUTERS, JPMorgan, HG, Federal Reserve, Treasury, UST, Thomson Locations: New York, U.S
Citi announced plans to cut management layers from 13 to eight as part of its biggest overhaul in decades. Citigroup declined to comment on all the personnel moves, and none of the leaders named responded to requests for comment. The full reorganization could involve thousands of layoffs, according to a source familiar with the situation who was not authorized to speak publicly. Preparations for Monday's announcements were communicated verbally in meetings last week, according to another source familiar with the situation. Final announcements related to the overhaul will be made early next year, Fraser said in a memo to employees.
Persons: Jane Fraser, Eduardo Martinez Campos, Andy Sieg, Andrew Kelly, Valentin Valderrabano, Patricia Dorosz, Nacho Gutiérrez, Carmen Haddad, Fahad Aldeweesh, Haddad, Jose Miguel Salvador Nasur, Peter Babej, Ernesto Torres Cantú, Brad Wayman, Chris McCullough, Wayman, Patrick Gallagher, Lucy Baldwin, Sandeep Arora, Fraser, Mark Mason, Tatiana Bautzer, Lananh Nguyen, Andres Gonzalez, Saeed Azhar, Bayliss, Echo Wang, Isla Binnie, Nick Zieminski, Stephen Coates, Marguerita Choy Organizations: Citigroup, Citi, Citi Wealth Services, Citibank, New York Stock Exchange, REUTERS, Svea Herbst, Thomson Locations: Manhattan , New York City, U.S, Europe, Saudi Arabia, Chile, New York, London, Svea
CNN —Brands are being “irresponsible” by continuing to advertise on Elon Musk’s X after the billionaire endorsed antisemitic views, according to Yale professor Jeffrey Sonnenfeld. It’s pathological,” Sonnenfeld, dean for leadership studies at the Yale School of Management, told CNN in a phone interview. Yaccarino under pressureThe advertiser backlash is piling even more financial pressure on X at a time when the social media platform has been struggling. “This is a perfect opportunity for the market to do what the market does best,” Minow said. Tim Calkins, a marketing professor at Northwestern University’s Kellogg School of Management, said brands don’t need to “completely agree” with a media property and its policies to advertise there.
Persons: Elon Musk’s, Jeffrey Sonnenfeld, , Sonnenfeld, Musk, ” Musk, , Joe Benarroch, “ Jeffrey Sonnenfeld, Linda Yaccarino, “ Linda Yaccarino, ” Sonnenfeld, he’s, Yaccarino, Lou Paskalis, Nell Minow, ” Minow, Minow, Tim Calkins, Calkins, it’s, ” Calkins Organizations: CNN, Brands, Elon, Yale School of Management, Whites, Disney, Warner Bros . Discovery, Media, Twitter, Media Matters, Marketing, ValueEdge Advisors, Time Magazine, Northwestern University’s Kellogg School of Management
Middle East-based hedge funds have performed well this year. Big-name funds are setting up outposts in different regions, looking for an edge. One of the hottest markets in hedge funds is one of the hottest places, temperature-wise, in the world. The Middle East, especially Dubai, has become a magnet for hedge funds recently, with firms like Millennium and ExodusPoint setting up outposts and Bridgewater founder Ray Dalio purchasing a penthouse in the city. And the performance of those on the ground in the Middle East — and investing in the region — has been strong.
Persons: Ray Dalio Organizations: Millennium, Business Locations: Dubai, Bridgewater, Europe, Singapore
However the ex-president’s appeal ends against a limited gag order imposed in his federal election subversion case, he can expect a benefit. A judgment in Trump’s favor on the gag order – which has been temporarily frozen while the appeal is heard – would pale against his four criminal trials and his current civil fraud trial in New York. How the gag order case reflects Trump’s intense challenge to accountabilityThe gag order appeal is entwined with complex arguments on the breadth of the First Amendment and the extent to which courts have the right to regulate its scope in order to protect their officers and proceedings and the administration of justice. Trump’s legal team argued that any restrictions on his comments represent an unconstitutional assault on his rights to freedom of political speech. The incitement issue is not a hypothetical one in the gag order case.
Persons: Donald Trump, Trump, Jack Smith’s, Trump’s, , Tanya Chutkan, Joe Biden, , Smith, , Patricia Millett, John Sauer, , , Elliot Williams, Arthur Engoron, ” Engoron, Mike Pence, Mark Milley, Bradley Moss, CNN Max, Moss Organizations: CNN, Trump, Justice Department, DC, , Republican, Capitol, Rocky, Rocky Mountain State, Joint Chiefs of Staff, Biden Justice Department Locations: New York, United States of America, Colorado, Rocky Mountain
For years, the New York State Office of Mental Health has maintained a detailed database for sharing the psychiatric histories of people who rely on the social safety net — a tool that, when used correctly, can ensure the state’s most vulnerable people receive adequate care. But the database, known as PSYCKES, was not consistently used by one of the most crucial pieces of that safety net: hospitals, which have sometimes discharged homeless mentally ill people without using the tool to communicate with shelters and care teams that provide outpatient treatment. In some cases, those discharges preceded subway shovings and other random acts of violence by the homeless people after their illnesses went untreated. The state issued the guidance late last month after receiving questions from The New York Times, which was preparing to publish an investigation that revealed preventable institutional breakdowns of homeless shelters, hospitals, specialized treatment teams and other organizations. The breakdowns preceded more than 90 acts of violence in the past decade, The Times found.
Organizations: New York State, of Mental Health, The New York Times, Times
Kraken cryptocurrency exchange logo is seen in this illustration taken July 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 20 (Reuters) - Kraken, one of the world's largest cryptocurrency exchanges, was sued on Monday by the U.S. Securities and Exchange Commission, which accused it of illegally operating as a securities exchange without first registering with the regulator. In June, the SEC filed similar lawsuits against Binance, the world's largest cryptocurrency exchange, and Coinbase, the largest in the United States. Monday's lawsuit seeks a civil fine, disgorgement of ill-gotten gains, and a halt to acting as a crypto exchange without registering. The case is SEC v Payward Inc et al, U.S. District Court, Northern District of California, No.
Persons: Dado Ruvic, Gary Gensler's, Kraken, Gurbir Grewal, Binance, Jonathan Stempel, Chris Prentice, David Gregorio, Stephen Coates Organizations: REUTERS, U.S . Securities, Exchange Commission, SEC, Binance, Payward Inc, Payward Ventures Inc, Blockchain, Digital Currency Group, Hummingbird Ventures, Tribe Capital, Payward, Court, Northern District of, Thomson Locations: San Francisco federal, United States, San Francisco, U.S, Northern District, Northern District of California, New York
Times reporters spent more than a year examining how often homeless mentally ill people under the care of the city have committed acts of violence. The lack of public information about the incidents made it difficult to evaluate about a quarter of the cases. Still, the examination identified 94 instances in the past decade in which breakdowns of the city’s social safety net preceded the violence, sometimes by just days or hours. A 23-year-old whose outpatient treatment team stood by as he became increasingly violent, doing little to intervene. Taken together, the 94 cases offer the fullest picture yet of how, where and why the safety net has broken down.
Persons: Michelle Go Organizations: Times, The Times
Extra Fees Drive Assisted-Living Profits
  + stars: | 2023-11-19 | by ( Jordan Rau | ) www.nytimes.com   time to read: +1 min
Assisted-living centers have become an appealing retirement option for hundreds of thousands of boomers who can no longer live independently, promising a cheerful alternative to the institutional feel of a nursing home. But their cost is so crushingly high that most Americans can’t afford them. These highly profitable facilities often charge $5,000 a month or more and then layer on extra fees at every step. The facilities charge extra to help residents get to the shower, bathroom or dining room; to deliver meals to their rooms; to have staff check-ins for daily “reassurance” or simply to remind residents when it’s time to eat or take their medication. Some even charge for routine billing to a resident’s insurance for care.
Persons: ’ ”, Lori Smetanka Organizations: National Consumer Voice
CNN —Republican presidential candidate Ron DeSantis on Sunday refused to directly condemn Elon Musk for publicly endorsing an antisemitic conspiracy theory popular among White supremacists. The X post, which Tapper showed DeSantis, said: “Jewish communties (sic) have been pushing the exact kind of dialectical hatred against whites that they claim to want people to stop using against them.” The post also referenced “hordes of minorities” flooding Western countries, a popular antisemitic conspiracy theory. The Council on American-Islamic Relations has also seen an uptick in reports following the attack, but it did not have numbers to release. Pressed by Tapper again on Musk’s tweet, DeSantis maintained: “I have no idea what the context is.”“I know Elon Musk, I’ve never seen him do anything. CNN’s Jack Forrest, David Goldman, Avery Lotz, Jack Forrest, Brian Fung, Clare Duffy and Samantha Delouya contributed to this report.
Persons: Ron DeSantis, Elon Musk, White, CNN’s Jake Tapper, Musk, Tapper, DeSantis, Robert Bowers, , I’ve, Jamie Raskin, , CNN’s Jack Forrest, David Goldman, Avery Lotz, Jack Forrest, Brian Fung, Clare Duffy, Samantha Delouya Organizations: CNN, Republican, Sunday, Defamation League, Islamic Relations, Twitter, Disney, Paramount, Comcast, Lionsgate, Warner Bros, Democratic Locations: Florida, Pittsburgh, Israel, America
The United States Army is telling soldiers kicked out over the COVID-19 vaccine they can come back. AdvertisementThe United States army is having such a difficult time recruiting that it's sending instructions on how to rejoin to soldiers kicked out for refusing to take the COVID-19 vaccine. The Army sent the letters to approximately 1,900 active duty soldiers who were separated for refusing to take the COVID-19 vaccine, according to military blog Task and Purpose. In 2022, the US Army fell short by about 15,000 soldiers, or 25%, according to Army Times. "When you look at Generation Z, you see a lot of the declining trust in institutions," Wormuth told NPR.
Persons: , Christine Wormuth, Wormuth Organizations: United States Army, Army, An Army, Service, United, of Defense, United States, US Army, Army Times, The Army, NPR Locations: United States
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