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Spirit plans to raise $200 million via the sale of Class A common stock as well as issue $200 million in convertible debt set to mature in 2028, the company said after the closing bell on Tuesday. Its shares fell to as low as $20.98 on Wednesday following the news and are now down more than 25% year-to-date. Spirit is a major supplier of large aircraft parts such as wings and fuselages for manufacturers including Boeing (BA.N) and Airbus (AIR.PA). Last week, Spirit projected higher-than-expected cash burn for 2023, forcing it to slash anticipated deliveries of 737 fuselages. Free cash burn will be between $275 million and $325 million for 2023, up from a previous range of between $200 million to $250 million.

Persons: Benoit Tessier, Spirit, Patrick Shanahan, Tom Gentile, Shanahan, Chibuike Oguh, Lance Tupper, Sharon Singleton Organizations: Boeing, International Paris Air, Le, REUTERS, Airbus, Thomson Locations: Le Bourget, Paris, France, U.S, New York

☆ Student-loan forgiveness and cheaper monthly payments are on the line as the GOP's plan to slash Education Department funding moves forward
▼ + stars: | 2023-11-08 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

House Republicans proposed a bill to cut funding for the Education Department. AdvertisementAdvertisementFunding cuts could be coming for the Education Department, and key programs for student-loan borrowers are at risk. These funding cuts would come just over a month into federal student-loan borrowers' return to repayment after an over three-year pause. The GOP appropriations lawmakers, however, wrote that the "Department diverted taxpayer resources for its partisan, costly student loan policies, when it needed to be preparing for an orderly resumption of Federal student loan payments." "The Department repeatedly delayed the return to loan repayment, which generated uncertainty and undermined a timely and orderly restart of loan payments," they wrote.

Persons: —, Biden, Virginia Foxx, Ben Miller Organizations: Republicans, Education Department, Service, Labor, Health, Human Services, Education, Federal Student Aid, GOP

☆ US, South Korea, Japan to launch consultative group on North's cyber threats
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +1 min

[1/2] Miniatures of people with computers are seen in front of North Korea flag in this illustration taken July 19, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSEOUL, Nov 6 (Reuters) - The United States, South Korea and Japan have agreed to launch a high-level consultative group on countering North Korean cyber activities that they say finance its unlawful weapons programs, South Korea's presidential office said on Monday. Anne Neuberger, U.S. deputy national security adviser for cyber and emerging technologies, held talks with her South Korean and Japanese counterparts in Washington last week. They agreed to hold quarterly meetings under the new framework, the presidential office said. North Korea has denied allegations of hacking or other cyberattacks.

Persons: Dado Ruvic, Anne Neuberger, Camp David, Soo, hyang Choi, Gerry Doyle Organizations: REUTERS, Rights, South, Camp, United, Thomson Locations: North Korea, Rights SEOUL, United States, South Korea, Japan, Korean, Washington, United Nations, Korea

☆ US, South Korea, Japan to Launch Consultative Group on North's Cyber Threats
▼ + stars: | 2023-11-05 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

SEOUL (Reuters) - The United States, South Korea and Japan have agreed to launch a high-level consultative group on countering North Korean cyber activities that they say finance its unlawful weapons programs, South Korea's presidential office said on Monday. Anne Neuberger, U.S. deputy national security adviser for cyber and emerging technologies, held talks with her South Korean and Japanese counterparts in Washington last week. They agreed to hold quarterly meetings under the new framework, the presidential office said. The announcement comes after the leaders of the three countries agreed at a summit in August at Camp David that they would establish a new trilateral working group for the North's cyber threats. North Korea has denied allegations of hacking or other cyberattacks.

Persons: Anne Neuberger, Camp David, Soo, hyang Choi, Gerry Doyle Organizations: South, Camp, United Locations: SEOUL, United States, South Korea, Japan, Korean, Washington, North Korea, United Nations, Korea

UNITED NATIONS (AP) — The average Gazan is living on two pieces of Arabic bread made from flour the U.N. had stockpiled in the region, yet the main refrain now being heard in the street is “Water, water,” the Gaza director for the U.N. agency for Palestinian refugees said Friday. Political Cartoons View All 1234 Images“Many people are relying on brackish or saline ground water, if at all,” she said. Fuel, he said, is essential for the functioning of institutions, hospitals and the distribution of water and electricity. An average of 4,000 displaced Gazans are living in the schools without the resources to maintain proper sanitation, he said. The U.N. can’t provide them safety, White said, pointing to over 50 UNRWA facilities impacted by the conflict, including five direct hits.

Persons: Thomas White, ”, White, “, U.N, Lynn Hastings, Martin Griffiths, ” Hastings, ’, can’t, Griffiths, Antonio Guterres, Riyad Mansour, Israel, ” Mansour Organizations: UNITED NATIONS, United Nations, UNRWA Locations: Gaza, Palestinian, Israel, Egypt, United States, dependently, israel

☆ Alliance of 40 countries to vow not to pay ransom to cybercriminals, US says
▼ + stars: | 2023-10-31 | by ( Zeba Siddiqui | ) www.reuters.com time to read: +2 min

White House Deputy National Security Advisor for Cyber and Emerging Technology, Anne Neuberger, addresses cyber security during the daily press briefing at the White House in Washington, U.S. September 2, 2021. REUTERS/Jonathan Ernst/File Photo Acquire Licensing RightsSAN FRANCISCO, Oct 31 (Reuters) - Forty countries in a U.S.-led alliance plan to sign a pledge never to pay ransom to cybercriminals and to work toward eliminating the hackers' funding mechanism, a senior White House official said on Tuesday. The International Counter Ransomware Initiative comes as the number of ransomware attacks grows worldwide. In ransomware attacks, hackers encrypt an organization's systems and demand ransom payments in exchange for unlocking them. Partner countries will share a "black list" through the U.S. Department of Treasury that will include information on digital wallets being used to move ransomware payments, Neuberger said.

Persons: Anne Neuberger, Jonathan Ernst, Biden, Neuberger, Chainalysis, Zeba Siddiqui, Cynthia Osterman Organizations: White, Technology, REUTERS, FRANCISCO, White House, MGM Resorts International, Reuters, U.S . Department of Treasury, Thomson Locations: Washington , U.S, U.S, United States, Lithuania, Israel, UAE, San Francisco

☆ Treasury's new Hamas sanctions target middlemen, shell companies
▼ + stars: | 2023-10-27 | by ( Jason Gewirtz | ) www.cnbc.com time to read: +3 min

The United States Treasury Department announced a new round of sanctions targeting Hamas' fundraising network Friday, the department's second attempt to block Hamas' money supply since the Oct. 7 terrorist attacks that killed 1,400 Israelis and saw another 200 Israelis taken hostage. Speaking from Doha, he said Treasury officials have stepped up their efforts to stop the money flow to Hamas in recent days. "While Hamas itself has been under sanctions for decades, we must go after new, emerging shell companies, middlemen, and facilitators," he said. "If they do not act to prevent illicit financial flows, the United States and our partners will." The charity, "serves as a recruiting tool for terrorist activities," Treasury said in its sanctions announcement.

Persons: Brian Nelson, Nelson, Wally Adeyemo, Adeyemo, Mahmud Hams, Matt Levitt, Levitt Organizations: United States Treasury Department, Treasury, Terrorism, Financial Intelligence, CNBC, Brigades, Afp, Getty, Iran's Revolutionary Guard, Bank, Charity Association, Washington Institute for Near East, Capitol, Hamas Locations: Saudi Arabia, Qatar, Gulf, Doha, London, United States, Gaza City, Gaza, Mahmud, Turkey, Spain, Sudan

☆ Biden speech aims to sell US on funding Ukraine, Israel wars
▼ + stars: | 2023-10-19 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +4 min

The White House has said Biden would unveil his additional funding request this week. The administration is considering $60 billion for Ukraine and $10 billion for Israel, according to a source familiar with the matter. The package is also expected to include tens of billions in funding for priorities from Asia to U.S. border security. Republicans in the House are also divided over whether to back more aid, with some far-right conservatives particularly opposed to money for Ukraine. Biden returned overnight from his brief Israel trip aimed at offering U.S. support following the Oct. 7 Hamas attack on Israeli villages and military bases.

Persons: Joe Biden, Ken Cedeno, Biden, Jon, Conservative Jim Jordan, Donald Trump, Republican Patrick McHenry, Biden's, Mount, Trevor Hunnicutt, Susan Heavey, Doina, Idrees Ali, Mike Stone, Jason Lange, Chizu Nomiyama, Jonathan Oatis Organizations: Human, Washington Convention Center, REUTERS, Rights, U.S . House, West Bank, U.S, MSNBC, Senate, Conservative, Republican, Reuters, U.S ., U.S . Navy, Department of Defense, Thomson Locations: Washington , U.S, Israel, Ukraine, Gaza, U.S, Asia, Tel Aviv, McHenry, Washington, Jordan

☆ US Secretary of State Blinken meets Jordanian king in Amman
▼ + stars: | 2023-10-13 | by ( Humeyra Pamuk | Thomson Reuters | Humeyra Pamuk Is A Senior Foreign Policy Correspondent Based In Washington Dc. She Covers The U.S. State Department | ) www.reuters.com time to read: +2 min

AMMAN, Oct 13 (Reuters) - U.S. Secretary of State Antony Blinken on Friday met with Jordanian King Abdullah in Amman, the second stop of his most extensive Middle East tour yet as Israel prepares for a sweeping ground offensive in Gaza, and he urged people in Gaza city to evacuate to the south. His demand, which the United Nations said would be impossible to carry out "without devastating humanitarian consequences”, comes a day after Blinken visited Israel and held talks with Prime Minister Benjamin Netanyahu on the conflict. Before departing for Doha, he is set to meet with Palestinian Authority President Mahmoud Abbas in Amman. U.S. Deputy Special Envoy for Hostage Affairs Steve Gillen traveled with Blinken to Israel and will stay to support efforts to free them, Blinken said. Israel said there would be no humanitarian break until all hostages were freed.

Persons: Antony Blinken, King Abdullah, Blinken, Benjamin Netanyahu, Joe Biden, Jordan, Mahmoud Abbas, we’ll, ” Blinken, “ We’ll, ” Washington, Steve Gillen, Humeyra Pamuk, Hugh Lawson Organizations: United Nations, Doha, Palestinian, Hostage, Thomson Locations: AMMAN, Amman, Israel, Gaza, Palestinian, Egypt, American, Qatar, Bahrain, Saudi Arabia, “, Tel Aviv, Gaza . U.S, Blinken

UNITED NATIONS (AP) — Colombian President Gustavo Petro’s commitment to transform long-marginalized rural and conflict areas and new peace efforts were the highlights of his first year in office, the U.N. special envoy for the South American country said. More than 14,000 FARC fighters gave up their weapons under that agreement, but violence between some rebel groups has grown in parts of Colombia. Leyva said the council resolution states that the justice component should apply to all who participated directly or indirectly in the conflict. Wood reiterated the U.S. commitment to working with Colombia to implement the 2016 peace agreement. Ambassador Barbara Woodward also welcomed the government’s recent progress on rural reform and restitution of land to Indigenous communities.

Persons: Gustavo Petro’s, Carlos Ruiz Massieu, ”, Colombia’s, Alvaro Leyva, —, Petro, ” Leyva, Leyva, Robert Wood, ” Wood, Wood, Britain’s U.N, Barbara Woodward, Ruiz ’ Organizations: UNITED NATIONS, South, . Security, Revolutionary Armed Forces, Council, National Development, Security, National Liberation Army, EMC, Colombian, Colombia ” Locations: Colombia, U.S, “, Colombian

WASHINGTON, Oct 11 (Reuters) - The U.S. says it has accepted an invitation to attend China's top annual security forum in late October, the latest sign of potentially warming ties between the two countries' militaries. The Pentagon did not say whom China had invited or who from the U.S. side would attend, and China's embassy in Washington also declined to give details. Before 2019, the U.S. often sent embassy defense attaches. CHINA'S DEFENSE MINISTERAs China's defense minister, Li typically would give a keynote speech at the forum and meet with delegations. Beijing has offered no official explanation about Li's fate and his disappearance raises questions about how this year's forum will be conducted.

Persons: Lloyd Austin, Austin, Li Shangfu, Nancy Pelosi's, China, China Chad Sbragia, Li, Sbragia, –, Xi, Liu Pengyu, Michael Martina, Idrees Ali, Don Durfee, Gerry Doyle Organizations: U.S, Pentagon, Reuters, China's People's Liberation Army, PLA, Beijing Xiangshan, Defense, Xi Jinping's Global Security Initiative, Washington, Thomson Locations: U.S, Washington, China, Beijing, United States, Taiwan, Russia, Austin

☆ US Labor Dept 'disappointed' by VU Manufacturing plant closure in Mexico
▼ + stars: | 2023-10-10 | by ( Daina Beth Solomon | ) www.reuters.com time to read: +2 min

Members of the Liga Obrera Sindical Mexicana (Mexican Workers Union League) talk outside the VU Manufacturing auto parts plant in Piedras Negras, Mexico, August 31, 2022. In March, the U.S. and Mexico pledged to oversee VU Manufacturing carry out a series of commitments to remain neutral in union affairs and allow workers to freely organize. VU Manufacturing, an unlisted company based in Michigan, did not immediately respond to a request for comment. The Department of Labor urged Mexico to prevent retaliation against former VU workers as they seek new jobs, and to ensure VU makes timely payments to dismissed workers. Reporting by Daina Beth Solomon in Mexico City Editing by Kylie Madry and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Daniel Becerril, Thea Lee, Lee, Daina Beth Solomon, Kylie Madry, Matthew Lewis Organizations: Liga, Mexicana, Mexican Workers Union League, VU, REUTERS, MEXICO CITY, U.S . Department of Labor, VU Manufacturing, Department, Labor, Thomson Locations: Piedras Negras, Mexico, MEXICO, Mexican, States, Canada, U.S, Michigan

UNITED NATIONS (AP) — Russia faces a tough fight to regain a seat in the U.N.’s premiere human rights body in Tuesday’s election in the General Assembly, which voted last year to suspend Moscow after its invasion of Ukraine. The 193-member assembly will be electing 15 members to the Geneva-based Human Rights Council, with candidates put forward by the U.N.’s five regional groups. Human Rights Watch said last week that Russia and China are unfit to serve on the Human Rights Council. The New York-based watchdog said China’s rights record should also disqualify it from the Human Rights Council. The Geneva-based Human Rights Council was created in 2006 to replace a commission discredited because of some members’ poor rights records.

Persons: ’, Moscow’s U.N, Vassily Nebenzia, ” Nebenzia, Felice Gaer, Jacob, Russia’s, Ferit Hoxha, Robert Wood, ”, Louis Charbonneau, U.N, Vladimir Putin Organizations: UNITED NATIONS, General Assembly, Rights, Albania, East European, Human Rights, Russia, Jacob Blaustein Institute, Advancement of Human, Human Rights Council, Security Council, United Nations, General, Rights Watch, Human Rights Watch, International, Court, The Locations: Russia, Moscow, Ukraine, Geneva, Bulgaria, United States, Russian, Ukrainian, U.S, America, Caribbean, Cuba, Brazil, Dominican Republic, Peru, China, Japan, Kuwait, Indonesia, Burundi, Malawi, Ghana, Ivory Coast, France, Netherlands, “, The New York, Xinjiang, North Korea, Iran, Venezuela, South Korea, Afghanistan, Vietnam, Sudan

UNITED NATIONS (AP) — Russia’s U.N. ambassador alleged Monday that “neo-Nazis” and military-age men were at the wake for a Ukrainian soldier in a village café where a missile last week killed 52 people, even as Security Council members retorted that Russia was responsible for starting the war and committing crimes. The café, which had reopened for the wake, was obliterated, and whole families perished. He insisted, as Moscow has in the past, that the Russian military doesn’t target civilians and civilian facilities. According to Ukrainian news reports, he was initially laid to rest elsewhere in Ukraine, as his native village remained under Russian occupation. Kozyr’s family decided to rebury him in Hroza more than 15 months after his death, following DNA tests that confirmed his identity.

Persons: U.N, ”, Vassily Nebenzia, Albania’s U.N, Ferit Hoxha, Robert Wood, Geng Shuang, Dmitry Peskov, we’ve, Vladimir Putin, Putin, Ukraine’s U.N, Sergiy Kyslytsya, Andriy Kozyr, Hroza, Kozyr’s, Dmytro Kozyr, Nina, Nebenzia, ” Nebenzia, “, Jennifer Peltz Organizations: UNITED NATIONS, Security, Ukrainian, ”, “, Nazi, Associated, United Nations Locations: Ukrainian, Russia, Ukraine, Russian, Hroza, Kharkiv, Beijing, ”, Moscow

REUTERS/Elizabeth Frantz/File Photo Acquire Licensing RightsWASHINGTON, Oct 8 (Reuters) - U.S. Secretary of State Antony Blinken said part of the motivation for Hamas' latest attack on Israel may have been disrupting a potential normalizing of Israel-Saudi Arabia ties and said Washington will announce new assistance for Israel on Sunday. The United said on Sunday that Saudi-Israel normalization efforts should continue despite the latest attack. The secretary of state said details of new U.S. assistance for Israel will be made public later, as he labeled the attack on Israel as a "terrorist attack by a terrorist organization." I think you're likely to hear more about that later today," Blinken told CNN. He added that there was not yet any evidence seen by the United States of Iran being behind the latest attack in Israel but he noted the long-standing ties between Iran and Hamas, which governs Gaza.

Persons: Antony Blinken, Joe Biden, Elizabeth Frantz, Washington, Blinken, Benjamin Netanyahu, Jon, We're, Kanishka Singh, Susan Heavey, Joey Roulette, Heather Timmons, Lisa Shumaker Organizations: Hamas, White, REUTERS, Rights, Israel, Sunday, CNN, U.S, Deputy National, Fox News Sunday, Thomson Locations: Israel, Washington , U.S, Saudi Arabia, Gaza, Egypt, Syria, Yom, East, Saudi, GAZA, United States, Washington, Israeli, Iran

UNITED NATIONS (AP) — The U.N. Security Council held an emergency meeting behind closed doors Sunday, with the United States demanding all 15 members strongly condemn “these heinous terrorist attacks committed by Hamas,” but it took no immediate action. U.S. deputy ambassador Robert Wood said afterward that “a good number of countries” did condemn the Hamas attack but not all council members. He said Beijing condemns all attacks on civilians, though he did not mention Hamas. Malta’s U.N. ambassador, Vanessa Frazier, who called for the meeting, said she didn't know if the council would adopt a statement, but added that any condemnation must be mostly against Hamas. Council members were briefed virtually by U.N. Mideast envoy Tor Wennesland.

Persons: Robert Wood, Russia’s U.N, Vassily Nebenzia, ”, “, ” Nebenzia, Zhang Jun, ” Zhang, “ What’s, ” Wood, impportant, we’ve, Russia’s Nebenzia, Malta’s U.N, Vanessa Frazier, Tor Wennesland, Nebenzia, Wennesland, Lana Nusseibeh, Wood, Biden, Gilad Erdan, ” Riyad Mansour Organizations: UNITED NATIONS, . Security, Associated Press, Security Council, U.N, United Arab Emirates, Hamas, Israel Locations: United States, Russia, Beijing, Palestinian, Gaza, Israel

Israel battered Palestinians with air strikes in Gaza on Sunday, with hundreds reportedly killed on both sides. Austin also added that the United States will provide munitions to Israel, and that its security assistance will begin moving on Sunday. Austin said he ordered moving a carrier strike group closer to Israel, which includes the Ford carrier and ships that support it. The United States on Sunday said that Saudi-Israel normalization efforts should continue despite the latest attack. Blinken labeled the attack on Israel as a "terrorist attack by a terrorist organization."

Persons: Antony Blinken, Joe Biden, Elizabeth Frantz, Lloyd Austin, Israel, Austin, Benjamin Netanyahu, Gerald R, Ismail Haniyeh, Jerusalem's Al, Netanyahu, Jon, We're, Blinken, Kanishka Singh, Idrees Ali, Steve Holland, Susan Heavey, Joey Roulette, Heather Timmons, Lisa Shumaker, Mark Porter Organizations: Hamas, White, REUTERS, Rights, Defense, Pentagon, Israeli Defense Forces, Ford, Ford Carrier Strike Group, CNN, Saturday, West Bank, U.S, Deputy National, Fox News Sunday, Thomson Locations: Israel, Washington , U.S, United States, Washington, Saudi Arabia, Gaza, Egypt, Syria, Yom, Jerusalem, Aqsa, East, Saudi, GAZA, Israeli, Iran

☆ Israel UN envoy decries 'war crimes,' UN Security Council meets
▼ + stars: | 2023-10-08 | by ( Michelle Nichols | ) www.reuters.com time to read: +3 min

Ambassador Gilad Erdan ahead of the closed-door meeting of the 15-member Security Council meeting. "The era of reasoning with these savages is over," he told reporters. Ambassador Riyad Mansour told reporters ahead of the Security Council meeting. Diplomats said it was unlikely the Security Council would issue a statement, which are agreed to by consensus. Ambassador to the U.N. Robert Wood told reporters that it was not a priority for Washington at the moment.

Persons: United Nations Gilad Erdan, Mike Segar, Gilad Erdan, Erdan, Egypt's, Riyad Mansour, Tor Wennesland, Robert Wood, Wood, Lana Nusseibeh, Michelle Nichols, Susan Heavey, Lisa Shumaker, Diane Craft, Mark Porter Organizations: United Nations, United Nations Security Council, REUTERS, . Security, Hamas, Security, U.N, Diplomats, U.S, Washington, United, United Arab Emirates U.N, Israel, Thomson Locations: U.N, New York City, U.S, Gaza, Israel, U.N ., United Arab, Saudi Arabia, Washington, Riyadh

Russian President Vladimir Putin meets with senior former commander of the Wagner mercenary group Andrei Troshev and Deputy Defence Minister Yunus-Bek Yevkurov in Moscow, Russia, September 28, 2023. Putin was shown on state television meeting at the Kremlin with Andrei Troshev, a former Wagner commander known by his nom de guerre "Sedoi" - or "grey hair". Russia's Kommersant newspaper has reported that just days after the Wagner mutiny Putin had suggested that Troshev take over from Prigozhin. The Putin meeting in the Kremlin appears to indicate that what remains of Wagner will now be overseen by Troshev and Yevkurov. After Bakhmut's fall, Wagner units withdrew from Ukraine.

Persons: Vladimir Putin, Wagner, Andrei Troshev, Yunus, Bek Yevkurov, Mikhail Metzel, Putin, Troshev, Yevgeny Prigozhin, Dmitry Peskov, Prigozhin's, WAGNER'S, Yevkurov, of, Guy Faulconbridge Organizations: Sputnik, REUTERS Acquire, Ukraine British, Kremlin, Deputy, Russia's Kommersant, Reuters, British, Russian Ministry of Defence, Islamic State, Thomson Locations: Moscow, Russia, Ukraine, MOSCOW, Russian, Prigozhin, Ukrainian, Bakhmut, redeploy, Afghanistan, Chechnya, St Petersburg, of Russia, Palmyra, Syria

☆ South Korea asks US to resolve chip trade issues
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsSEOUL, Sept 22 (Reuters) - South Korea on Friday said it has asked the United States to resolve uncertainties regarding U.S. export controls in the chip sector and subsidies for chip investment. The waiver allowed the South Korean pair to supply equipment for their chip production facilities in China without additional licensing requirements. Bang has sought "active cooperation" from the U.S. Department of Commerce to resolve issues relating to export controls, South Korea's Ministry of Trade, Industry and Energy said in a statement without elaborating. Samsung Electronics has NAND flash memory production in Xian, China whereas SK Hynix has DRAM chip production in Wuxi and NAND Flash production in Dalian. The companies together control nearly 70% of global DRAM and 50% of NAND flash markets as at June-end, showed data from TrendForce.

Persons: Florence Lo, Commerce Don Graves, Bang, Joyce Lee, Heekyong Yang, Christopher Cushing Organizations: REUTERS, Rights, Industry, U.S, Commerce, Samsung Electronics, SK Hynix, U.S . Department of Commerce, Korea's Ministry of Trade, Energy, TrendForce, Samsung, Thomson Locations: Rights SEOUL, South Korea, United States, Seoul, China, U.S, Korea's, Xian , China, Wuxi, Dalian, Texas

☆ Bank of Canada struck intentionally hawkish tone after last rate decision, minutes show
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. The Bank of Canada (BoC) kept its key rate at 5% on Sept 6, noting the economy had entered a period of weaker growth, but said it could hike again should price pressures persist. The hawkish tone struck by the BoC since the latest rate decision was intentional, according to the minutes, or summary of deliberations, of the six Governing Council members. They "considered the possibility that their decision could be misinterpreted as a sign that policy tightening had ended and that lower interest rates would follow," the summary read. It continued: "They agreed that they did not want to raise expectations of a near-term reduction in interest rates, given that they only considered keeping the policy rate where it is or raising it further."

Persons: Chris Wattie, Steve Scherer, David Ljunggren OTTAWA, Sharon Kozicki, David Ljunggren Organizations: Bank of Canada, REUTERS, The Bank of Canada, BoC, Reuters, Thomson Locations: Ottawa , Ontario, Canada, Reuters Ottawa

☆ Zelenskyy: Russia is weaponizing food, energy and abducted children in its war against Ukraine
▼ + stars: | 2023-09-19 | by ( ) www.cnbc.com time to read: +4 min

Ukraine's President Volodymyr Zelenskiy addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 19, 2023. Mike Segar | ReutersUkrainian President Volodymyr Zelenskyy said Tuesday that Russia is "weaponizing" everything from food and energy to abducted children in its war against Ukraine — and he warned world leaders that the same could happen to them. "Those children in Russia are taught to hate Ukraine, and all ties with their families are broken. Russia gets its chance to address the General Assembly on Saturday, when Foreign Minister Minister Sergey Lavrov is expected on the rostrum. Volodymyr Zelenskyy, President of Ukraine, speaks at the General Debate of the UN General Assembly.

Persons: Volodymyr Zelenskiy, Mike Segar, Volodymyr Zelenskyy, Ukraine —, Zelenskyy, Vladimir Putin, Sergey Lavrov, U.N, Dmitry Polyansky, Michael Kappeler, Joe Biden, haven't, Anatolii Stepanov Organizations: General Assembly, Reuters, Ukraine, Foreign, UN, Assembly, Getty, Moscow, U.S, AFP Locations: New York City, U.S, Russia, Ukraine, Russia's, Moscow, Ukraine's, China, India, Caribbean, Africa, Kramatorsk, Donetsk region

☆ Paraguay president backs Taiwan joining UN system
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +1 min

[1/2] Paraguay's president Santiago Pena addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 19, 2023. REUTERS/Eduardo Munoz Acquire Licensing RightsSept 19 (Reuters) - Paraguay supports Taiwan joining the United Nations system, the South American country's president, Santiago Pena, said on Tuesday, speaking at the U.N. General Assembly (UNGA). Due to a 1971 U.N. resolution, Taiwan has been excluded from the international body, which recognizes the People's Republic of China as the legitimate representative of China to the U.N."The government of Paraguay expresses its support for the Republic of China - Taiwan to be an integral part of the United Nations system," Pena said. Paraguay is the last South American country with formal relations with Taiwan, which China claims as its own territory. When asked about Taiwan last week, U.N. Deputy Secretary-General Amina Mohammed said exclusion of anyone can harm global goals.

Persons: Santiago Pena, Eduardo Munoz, Pena, U.N, Amina Mohammed, Kylie Madry, Sarah Morland Organizations: General Assembly, REUTERS, United Nations, American, Thomson Locations: New York City, U.S, Paraguay, Taiwan, People's Republic of China, China, Republic of China, American

☆ Asked About Taiwan, Deputy UN Chief Says Exclusion of Anyone Can Harm Global Goals
▼ + stars: | 2023-09-15 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

By Michelle NicholsUNITED NATIONS (Reuters) - Exclusion of anyone harms efforts to achieve global development goals, United Nations Deputy Secretary-General Amina Mohammed said on Friday when asked about Taiwan's appeal to be included in the campaign. "We said leave noone behind and I think member states have to find a way to make sure that we are not in that position where we're excluding people. The 1971 resolution replaced the then-government of the Republic of China that had been pushed to Taiwan following China's civil war. Taiwan has long called on the United Nations to admit it as a member. "So, keeping Taiwan out of the United Nations is immoral, is unjust and is something that we have to make change to."

Persons: Michelle Nichols UNITED, Amina Mohammed, Mohammed, China's U.N, Zhang Jun, Zhang, U.N, Farhan Haq, Joseph Fu, Michelle Nichols, Michael Martina, Grant McCool Organizations: Michelle Nichols UNITED NATIONS, Reuters, United Nations, General, Sustainable, Taiwan, United Locations: Taiwan, People's Republic of China, China, Republic of China, United, United Nations

☆ Asked about Taiwan, deputy UN chief says exclusion of anyone can harm global goals
▼ + stars: | 2023-09-15 | by ( Michelle Nichols | ) www.reuters.com time to read: +2 min

UNITED NATIONS, Sept 15 (Reuters) - Exclusion of anyone harms efforts to achieve global development goals, United Nations Deputy Secretary-General Amina Mohammed said on Friday when asked about Taiwan's appeal to be included in the campaign. "We said leave noone behind and I think member states have to find a way to make sure that we are not in that position where we're excluding people. The 1971 resolution replaced the then-government of the Republic of China that had been pushed to Taiwan following China's civil war. Taiwan has long called on the United Nations to admit it as a member. "So, keeping Taiwan out of the United Nations is immoral, is unjust and is something that we have to make change to."

Persons: Amina Mohammed, Mohammed, China's U.N, Zhang Jun, Zhang, U.N, Farhan Haq, Joseph Fu, Michelle Nichols, Michael Martina, Grant McCool Organizations: UNITED, United Nations, General, Sustainable, Taiwan, United, Thomson Locations: Taiwan, People's Republic of China, China, Republic of China, United, United Nations

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