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CNN —Five people were killed and nearly 100 injured when a tornado ripped through a town in eastern China, according to the state-run Xinhua news agency. Dramatic video posted on social media showed the tornado ripping roofs off houses and uprooting trees as debris was thrown in the air. “Severe convective weather caused a tornado,” the Dongming County Emergency Management Bureau said, adding that the local government had established a command center and launched emergency response operations. According to Xinhua, 2,820 homes were damaged by the tornado in Caiyuan, Shangdong province. Earlier this month, the China Meteorological Administration released its annual ‘Blue Book’ on the state of climate change in the country.
Organizations: CNN, Xinhua, Emergency Management Bureau, China Meteorological Administration Locations: China, Dongming, Caiyuan, Shangdong province, Guangzhou
Beryl is set to emerge in the Gulf of Mexico this weekend after it roars through the Caribbean and Mexico’s Yucatán Peninsula. The National Hurricane Center’s forecast calls for Beryl to restrengthen as it tracks across the southwestern Gulf of Mexico this weekend. It will then push toward Mexico’s coast and make landfall Sunday night in far northeastern Mexico. Anyone from Mexico’s eastern Gulf Coast to Texas and even Louisiana should keep a close watch on the forecast in the coming days. Even if Beryl makes landfall in northeastern Mexico, wind and rain from the cyclone will likely impact parts of the US’s Gulf Coast.
Persons: Beryl, restrengthen Locations: Gulf of Mexico, Caribbean, Mexico, Gulf, Texas, Gulf Coast, Louisiana
For months, concerns have grown that the war in Gaza might ignite a second conflict between Israel and Hezbollah, the well-armed militia that is loosely allied with Hamas and based just across Israel’s northern border with Lebanon. The two sides have repeatedly traded strikes since the Gaza war began in October, killing civilians and combatants in Lebanon and Israel, with most of the civilian casualties in Lebanon. The hostilities have also forced more than 150,000 people on both sides of the border to leave their homes for temporary shelters. Here’s a look at Hezbollah as it stands on the brink of a new fight, and why that could still be averted. Hezbollah has opposed Israel since the group’s very beginnings.
Organizations: Hezbollah, Hamas, Palestine Liberation Organization Locations: Gaza, Israel, Lebanon
American newlyweds Casey and Warner Haley traveled to Montego Bay, Jamaica, for their honeymoon. The airport looked “like a scene out of a doomsday movie” Casey Haley wrote in a Facebook post. Food was running out at the grocery store and lines were “backing up to the back of the store,” Warner Haley said. “So we just had to go back to the resort and buy all the supplies we could from the gift shop,” Warner Haley said. What’s going to happen is what’s going to happen.
Persons: Casey, Warner Haley, , ” Casey Haley, Casey Haley, , ” Warner Haley, We’re Organizations: Sangster, CNN, Food Locations: Montego Bay, Jamaica
Jimmy Tsui, a former member of the Sun Yee On triad in Hong Kong and Tung On in New York City's Chinatown, breaks down 12 Chinese organized-crime scenes in movies and TV shows based on realism. Tsui also looks at scenes in New York City's Chinatown, such as the rivalry between two Tong associations in "The Corruptor," with Mark Wahlberg and Chow Yun-fat; and the gambling-house scene in "Year of the Dragon." Tsui also explains the rituals and hierarchy of the triads, such as the initiation-ceremony scene in "Election" (2005) and the voting scene in "The Brothers Sun" E7, starring Michelle Yeoh. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.
Persons: Jimmy Tsui, Tsui, Jackie Chan, Chris Tucker, Chow Yun, Leslie Cheung, Jet Li, Mel Gibson, Danny Glover, Leonardo DiCaprio, Matt Damon, Jack Nicholson, Jason Statham, Tony Leung, Andy Lau, Mark Wahlberg, Michelle Yeoh Organizations: Sun, Irish, San, Hong Kong, Infernal Affairs, Business Locations: Hong Kong, Tung, New York, Chinatown, United States, San Francisco
CNN —Hurricane Beryl, a powerful Category 3 storm, is expected to slam into the Caribbean on Monday, endangering several island communities with life-threatening storm surge, violent winds and flash flooding. Beryl’s arrival marks an exceptionally early – and likely devastating – start to the Atlantic hurricane season. • Widespread tropical storm advisories: Tropical storm warnings are in effect for Martinique and Trinidad, the National Hurricane Center said. Less severe tropical storm watches are also in place in parts of the Dominican Republic and the southern coast of Haiti. The storm’s rapid intensification is very atypical this early into hurricane season, according to National Hurricane Center Director Mike Brennan.
Persons: Vincent, Beryl, Ivan, Ralph Gonsalves, , Mia Amor Mottley, Hurricane, Chandan Khanna, Ramona Archer, Bradshaw, , General Cecile La, Saint Lucia, Grenada’s Maurice, Lucia’s, George Charles, Chris –, Mike Brennan, Alma, Hurricane Audrey, “ Beryl, ” Brennan, Phil Klotzbach, CNN’s Michael Rios, Marlon Sorto, Sandi Sidhu, Melissa Alonso, Isaac Yee, Brandon Miller Organizations: CNN, Atlantic, Islanders, Local, , National Hurricane Center ., Hurrican Center, Barbados, ” Workers, Getty, CBC News, Grenadian, Grenada’s Maurice Bishop International, Grantley Adams International, Lucia’s Hewanorra, George, National Hurricane Center, , National Hurricane, NOAA, Systems, Colorado State University, Weather Service Locations: Caribbean, Grenada, St, Grenadines, Windward, Saint Vincent, Barbados, Windward Islands, Bridgetown, Lucia, Tobago, , Saint, Martinique, Trinidad, Dominican Republic, Haiti, Gulf of Mexico, Lesser, Atlantic, El
Four Takeaways From Iran’s Presidential Election
  + stars: | 2024-06-30 | by ( Vivian Yee | ) www.nytimes.com   time to read: +1 min
Iranian voters signaled their disenchantment with Iran’s system of clerical rule in the country’s presidential election on Friday, going to the polls in record-low numbers to help two establishment candidates limp to a runoff. That postpones for another week the question of who will steer Iran through challenges including a sickly economy, the gulf between rulers and ruled and a nearby war that keeps threatening to drag Iran further in. But despite belonging to two different camps, neither man is expected to bring major change to Iran, given that they must govern with the ultimate approval of Iran’s supreme leader, Ayatollah Ali Khamenei. Here are the most important takeaways emerging from Friday’s election. Only 40 percent of eligible Iranians voted on Friday, according to government figures, a historically low turnout for an Iranian presidential race — even lower than the 41 percent level reported for Iran’s parliamentary elections this year.
Persons: Masoud Pezeshkian, Saeed Jalili, Ayatollah Ali Khamenei Locations: Iran
Diversification is key right now: UBS Global Wealth Management
  + stars: | 2024-06-21 | 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 EmailDiversification is key right now: UBS Global Wealth ManagementJin Yee Young, co-head of UBS Global Wealth Management APAC explains the shift into developed markets fixed income and the growth of private markets investment in Asia.
Persons: UBS Global Wealth Management Jin Yee Young, UBS Global Wealth Management APAC Organizations: UBS Global Wealth Management Locations: Asia
The tycoon, Ibrahim al-Organi, chairman of Organi Group, oversees a vast network of companies involved in construction, real estate and security. But it is Hala — a company that Organi Group has listed as one of its own — that has drawn the most scrutiny. Organi Group did not respond to a request for comment about why it had removed Hala from the website. Organi Group has at least eight businesses. The company lists Mr. Organi as its chairman and his son, Essameldin Organi, as the chief executive.
Persons: Ibrahim al, Hala, Organi, Essameldin Organizations: Organi Group, Organi Locations: Egyptian, Hala —, Gaza, Hala
That would deal a further blow to a relationship that Israel’s military offensive in southern Gaza had already brought to its lowest point in decades. For Israel, too, more than four decades of a so-called “cold peace” with Egypt has proved to be an essential pillar of national security. Egypt’s patience with Israel’s military moves is wearing dangerously thin, as it has repeatedly made clear. That border point, the main conduit for aid and other supplies during the war, lies between Egypt and Gaza but was recently occupied by Israel, drawing public outrage in Egypt. Egypt has refrained from taking more serious steps to respond to Israel’s moves, such as withdrawing its ambassador from Tel Aviv.
Persons: mouthpieces, Israel, Egypt’s, Gazans, Camp David, ” Ahmed Moussa, Moussa, , Mr, ” Isabel Kershner Organizations: Egyptian, International Court, Camp, Camp David Accords, Al, Egypt’s, Muslim Brotherhood, Hamas Locations: Egypt, Gaza, Cairo, Israel, Rafah, Tel Aviv,
New cancer drug data announced: Here's what to know
  + stars: | 2024-06-03 | 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 EmailNew cancer drug data announced: Here's what to knowMichael Yee, Jefferies senior biotech analyst, joins 'Squawk Box' to discuss the latest innovations at the ASCO conference last week, announcement of the latest cancer drug data, and more.
Persons: Michael Yee Organizations: Jefferies
The term "Asian American" was first coined in 1968 amid the rising voices of the Third World Liberation Front student movements in California. With tensions from protests against the Vietnam War and calls for universities to invest in ethnic studies programs, the Asian American identity was born out of advocacy for multiethnic unity among the Asian diaspora. Historical photographs showcase the history of Asian American resistance movements from the 1960s to the 1980s, demonstrating the strength and resilience of the Asian American community among tenants, students, and laborers. For the next five years, Filipino and Mexican American workers continued to strike for economic justice for all farm workers. AdvertisementThe same year, Yuji Ichioka and Emma Gee, both graduate students and key organizers of the Asian American Political Alliance, coined the term "Asian American."
Persons: Delano, Cesar Chevez's Huelga, Julio Hernandez, Larry Itliong, Cesar Chavez, Gerald French, Chavez, Ted Streshinsky, Slava J, Garth Eliassen, Yuji Ichioka, Emma Gee, Dave Randolph, Sheriff Richard Hongisto, Terry Schmitt, Emil de Guzman, May Chen, Walter Leporati, Chol Soo Lee, Yip Yee Tak, Lee, John O'Hara, Chol, Lee's, Jerry Telfer, Vincent Chin, Vincent, Lily Chin, Detroit . Chin, Ronald Ebens, Michael Nitz, Ebens, Helen Zia, Victor Yang, Chin, Chin's Organizations: Liberation, Business, American, Agricultural Labor, Committee, Delano, Getty, Labor, National Farm Workers Association, United Farm Workers, Migratory Labor, National Farm Workers, University of California, University of California Regents, Black Student Union, UC Berkeley, Asian American Political Alliance, San Francisco State University, San Francisco Chronicle, San Francisco, . Police, Chinatown Community Development Center, Manilatown Heritage Foundation, Images Garment Worker, Ladies Garment Workers Union, International Ladies Garment Workers Union, San, Korean American Journalists Association, Asian, Lee Defense, Hall of Justice, The, American Citizens, Justice, Department of Justice, FBI Locations: California, Vietnam, Asia, San Francisco, Mexican, Bakersfield , California, Spanish, Washington, Delano, Sacramento, American, Berkeley, Berkeley , California, Africa, America, San, Los Angeles, Kearny, New York, Chinatown, Columbus, councilmen, San Quentin, Detroit ., Detroit
For weeks, the Gaza Strip’s southernmost city, Rafah, was one of the few places where desperate Gazans could find some aid and food. Bakeries sold bread; fuel powered generators; markets were open, if expensive. But since Israeli forces began an incursion in the city this month — effectively closing the two main crossings where aid enters — Rafah has become a place of fear and dwindling supplies. “There’s always something missing in the tent,” said Ahmed Abu al-Kas, 51, who is sheltering in Rafah with his family. “If we have bread, we don’t have water.
Persons: “ There’s, , Ahmed Abu al Locations: Gaza, Rafah, Kas
Iran sought to project a sense of order and control on Monday by quickly naming an acting president and foreign minister a day after a helicopter crash killed both leaders. The change in leadership came at a time of heightened tensions in the Middle East and domestic discontent in Iran, where many residents have called for an end to decades of repressive clerical rule. Iran’s supreme leader, Ayatollah Ali Khamenei, announced five days of mourning for the president, Ebrahim Raisi, 63, and the foreign minister, Hossein Amir Abdollahian, 60, who died when their helicopter plunged into a mountainous area near the Iranian city of Jolfa. The men had been returning from Iran’s border with Azerbaijan after inaugurating a joint dam project. He had been widely viewed as a possible successor to Ayatollah Khamenei, 85.
Persons: Iran’s, Ayatollah Ali Khamenei, Ebrahim Raisi, Hossein Amir Abdollahian, Mr, Raisi, Ayatollah Khamenei Organizations: Iran’s Armed Forces Locations: Iran, Iranian, Jolfa, Iran’s, Azerbaijan
Just a few weeks ago, Israel, under extraordinary international pressure to respond to warnings of imminent famine in the Gaza Strip, announced new steps to increase humanitarian aid. But after an Israeli military incursion into the southern city of Rafah this week, the flow of aid has come to a near-total stop, first closed off by Israel and then further restricted, officials say, by Egypt. Aid officials warned that essentials like food and medicine were running dangerously low, threatening to worsen an already dire humanitarian crisis.
Organizations: Aid Locations: Israel, Gaza, Rafah, Egypt
But the cameras stopped rolling when Walid al-Omari, the network’s bureau chief in Ramallah, in the West Bank, ordered all of them to go home. Israeli authorities descended on a room used by Al Jazeera in the Ambassador Hotel in East Jerusalem, confiscating broadcast equipment. Al Jazeera, the influential Arab news network, says it will continue reporting and broadcasting from the Gaza Strip and the West Bank. The shutdown order, which lasts 45 days and can be renewed, was a break long in the making. Mr. al-Omari said that soon after the Israel-Hamas war began in October, the network stopped using an office in West Jerusalem, saying that far-right Israelis had used intimidation tactics against the staff there.
Persons: Al, Walid al, Al Jazeera, Omari Organizations: West Bank, Al, Gaza, Hamas Locations: Israel, Al Jazeera, West Jerusalem, East Jerusalem, Lebanon, Tel Aviv, Ramallah
Goldman Sachs hiked its price target on Nvidia, calling for nearly 20% more gains ahead. The firm upgraded shares of Target to buy from neutral, and reiterated its $180 per share price target. The firm upgraded the clothing retailer to buy from neutral and increased its target price to $28 per share from $21. — Brian Evans 5:45 a.m.: Goldman Sachs raises Nvidia price target on still strong AI demand Goldman Sachs sees enough demand for artificial intelligence to drive sky high Nvidia even higher. The firm reiterated a buy rating on the chipmaker and raised its 12-month price target on the chipmaker to $1,100 from $1,000.
Persons: Goldman Sachs, TGT, Paul Lejuez, — Brian Evans, Wall, Brian Evans, Stephanie Yee, Toshiya Hari, Myles Allsop, Allsop, Fred Imbert Organizations: CNBC, Nvidia, UBS, Vale, Citi, Target, JPMorgan, UL Solutions, UL Locations: Monday's, North America, U.S, stoke, RIO
That fueled investor concerns about new competition in the rapidly growing weight loss drug industry, sending shares of the current obesity players, Novo Nordisk and Eli Lilly , lower on Friday. Eli Lilly shares dropped nearly 3%, while Novo Nordisk's U.S.-traded shares fell more than 1%. Still, investors were pleased with Eli Lilly on Tuesday after the company assured them it can overcome ongoing supply constraints for its popular drugs. Eli Lilly hiked its full-year guidance in part due to optimism around increased production of Zepbound, its diabetes injection Mounjaro and similar drugs for the rest of the year. That signals Novo Nordisk is struggling to meet demand for the treatment.
Persons: Amgen, Eli Lilly, Bob Bradway, Bradway, Jay Bradner, autoinjector, Novo Nordisk's Wegovy, Eli Lilly's Zepbound, William Blair, Matt Phipps, Michael Yee, Amgen's Bradway, Karsten Munk Knudsen Organizations: Novo Nordisk, Novo Nordisk's, Jefferies, MariTide, Nordisk Locations: Novo Nordisk's U.S, North Carolina, Indiana, Ireland, Germany, U.S
CNN —At least 29 people have been killed and a further 60 are missing as heavy rain and flooding hit the Brazilian state of Rio Grande do Sul this week. Residents and a dog are evacuated from a flooded area in the city center of São Sebastião do Cai, Rio Grande do Sul State, Brazil, on May 2, 2024. Rio Grande do Sul has been increasingly hit by extreme weather events in recent years. Volunteers use a fishing boat to rescue residents trapped inside their houses in São Sebastião do Cai, Rio Grande do Sul state. The proportion of high-intensity hurricanes, or tropical cyclones, has increased due to the warmer global temperatures, according to the UN.
Persons: Cai, Carlos Fabal, Luiz Inácio Lula da Silva, , , Eduardo Leite, Anselmo Cunha, Lizzy Yee, Omar Fajardo Organizations: CNN, Authorities, Getty, Volunteers, UN Locations: Rio Grande do Sul, Rio Grande do Sul State, Brazil, AFP, Dubai, Asia, Kenya, São
Like other governments across the Middle East, Egypt has not been shy about its position on the Israeli-Palestinian conflict. Its denunciations of Israel over the war in Gaza are loud and constant. State media outlets broadcast images of long lines of aid trucks waiting to cross from Egypt into Gaza, spotlighting Egypt’s role as the sole conduit for most of the limited aid entering the besieged territory. Yet at those, too, it detained dozens of people after protesters chanted slogans critical of the government. Now the Gaza war — and what many Arabs see as their own governments’ complicity — has driven an old wedge between rulers and the ruled with new force.
Persons: spotlighting, Organizations: Hamas Locations: East, Egypt, Israel, Gaza, State, Cairo, United States
Pellerano discusses gang life in New Orleans, where the gang spread from its home base in Chicago. He speaks with BI about tattooing, rules and codes, media perception, and the political language used to depict the gang. Mike Moy says he was a gang member in New York City's Chinatown, having been recruited in the 1970s. He later founded the YouTube channel Chinatown Gang Stories, where he speaks with former gang members about their lives. He speaks with BI about the ways the yakuza makes money, such as extortion and protection rackets.
Persons: Tyrone White, White, Andy, Pellerano, Alex Sanchez, Omar Sharif, John Pennisi, Gambino, John Gotti Jr, Lucchese, Pennisi, Jay Dobyns, general's, Jimmy Tsui, Mike Moy, Moy, Yuyama Shinya, Andy Pellerano www.oneaccordministries.net, Alex Sanchez www.homiesunidos.org Omar Sharif www.omarinspires.com John Pennisi, Jay Dobyns www.jaydobyns.com Organizations: Menlo, South Central, Bloods, Business, Hells Angels, ATF's National Academy, Dobyns, United, Valor, ATF, National Association of Police, New York City Police Department, YouTube Locations: South, South Central Los Angeles, New Orleans, Chicago, Los Angeles, London, United States, Tung, New York, Chinatown, Hong Kong, Japan
Born in wartime, the baby had not eaten in more than a day, his father said — no formula, no nothing. The baby, Jihad, and his parents, Nour Barda and Heba al-Arqan, were trapped now in a storage closet with five other people at Al-Shifa Hospital in Gaza last month as Israeli troops attacked. The Israeli military had surrounded the building and told anyone sheltering inside to stay put. All his parents could do now was sit and watch their son go hungry. Hungry herself, Ms. al-Arqan had no breast milk to give.
Persons: , Nour Barda, Heba, Barda, Shifa, Jihad, Arqan Organizations: Shifa Locations: Al, Gaza
Despite economic challenges looming large — including prolonged downturns in both the housing and stock market — China’s fascination with luxury watches remains undiminished. Cyril Zingaro/WWGF/KeystoneCertainly at this year’s fair, well-dressed, well-accessorized Chinese customers appeared unfazed by economic uncertainties. After more than 20 years working in the region, he believes China’s economic slowdown is just a temporary phase. “The situation may be slightly (more) challenging for mid-level luxury brands (whose clients’ disposable incomes are potentially more at the whim of market forces). Collectors appreciate the craftsmanship, rarity, and heritage associated with luxury timepieces, which can hold or increase in value over time.
Persons: Matthieu Humair, Cyril Zingaro, Jackson Yee, Jaeger, Zhu Yilong, Wang Yang, Xiao Zhan, David Sadigh, Patek Philippe, Van Cleef, ” Sadigh, Valentin Flauraud, , Ricardo Guadalupe, “ We’ve, Pierre Albouy, Keystone Carson Chan, Richard Mille Asia, Bonhams, ” Chan, Raphael Young, Lange, Söhne, Wilhelm Schmid, Lumen, Chan, Vacheron, Young, Roger Dubuis, Dior, Louis Vuitton, Gucci — Chanel, Hermes, Hermès, Attelé, Chanel, Mademoiselle Chanel, Organizations: Geneva CNN —, Federation of, Swiss Watch Industry, IWC, Digital Luxury, CNN, Keystone, Fondation, , Berkley, Couture Locations: Geneva, China, Hong Kong, Asia, Switzerland, Chopard, Europe, , Asia — China, Guadalupe, Swiss, watchmaking
Nearly a week after Israel pledged to increase aid to Gaza by reopening a border crossing and accepting aid shipments at an Israeli port, neither the crossing nor the port has been put to the promised use, and there is no apparent sign of preparations to use them. Facing international condemnation after an Israeli airstrike killed seven workers for an international aid group, Israel said it would reopen the Erez crossing between Israel and northern Gaza for aid delivery. But satellite imagery taken on Tuesday shows that the road leading to Erez on the Gaza side remains blocked by rubble from a destroyed building, a crater and other damage. The damage was also seen in satellite imagery last month and again last Friday. Before Israel closed it at the start of the war, the crossing was used by pedestrians, not supply trucks.
Persons: Israel, Erez Locations: Gaza, Israel, Erez
From a north central county known for ginseng farming and downhill skiing, he has served on the local school board, the Marathon County Board and the village board of trustees in Weston, population 15,000. In February, new legislative maps in Wisconsin were signed into law after more than a decade of partisan wrangling and legal battles. The new maps undid the gerrymander that had helped Republicans keep control of both state legislative chambers since 2012. The 85th Assembly District in Marathon County, where Mr. Xiong lives, is no longer a Republican-leaning seat: It is a tossup. “This idea came to reality when the maps changed,” Mr. Xiong said in an interview last month.
Persons: Yee Leng Xiong, Xiong, ” Mr, Patrick Snyder Organizations: Marathon County Board, Democrat, Legislature, Republican, District, State Assembly Locations: Wisconsin, Marathon, Weston, Marathon County
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