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☆ McLaren can be a real threat to Red Bull next season, says Brawn
▼ + stars: | 2023-11-14 | by ( Alan Baldwin | ) www.reuters.com time to read: +2 min

REUTERS/Leonhard Foeger/ File Photo Acquire Licensing RightsLONDON, Nov 14 (Reuters) - Ross Brawn is tipping a resurgent McLaren to take the fight to dominant Red Bull and triple world champion Max Verstappen next season. So, I think with that improvement going into next season they can be a real threat. Brawn was also optimistic Ferrari would improve under Fred Vasseur's guidance but recognised Red Bull would not be standing still and had the added benefit of being able to switch attention early to next year's car. Red Bull have so far won 19 of 20 races, with Verstappen triumphant 17 times -- a record for a single season that he can extend in Las Vegas this weekend -- and team mate Sergio Perez twice. I think sometimes when you get a team dominating you'd hope that both drivers would be fighting each other and that hasn't happened with Red Bull, which is a shame," said Brawn.

Persons: Jean Todt, Motorsports Ross Brawn, Chase Carey, Niki Lauda's, Leonhard Foeger, Ross Brawn, Red, Max Verstappen, Brawn, Michael Schumacher, Mercedes, McLaren, Andrea Stella, I'm, They’ve, Britain's Lando Norris, Oscar Piastri, Norris, Fred Vasseur's, Red Bull, Bull, Verstappen, Sergio Perez, It's, Alan Baldwin, Christian Radnedge Organizations: de, Formula, Motorsports, REUTERS, McLaren, Red Bull, Ferrari, Disney, Qatar, Thomson Locations: Stephen's, Vienna, Austria, Las Vegas

☆ White House says it has evidence Hamas using Al Shifa hospital to run military actions
▼ + stars: | 2023-11-14 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +3 min

Smoke rises as displaced Palestinians take shelter at Al Shifa hospital, amid the ongoing conflict between Hamas and Israel, in Gaza City, November 8, 2023. REUTERS/Doaa Rouqa Acquire Licensing RightsABOARD AIR FORCE ONE, Nov 14 (Reuters) - The White House on Tuesday said it had its own intelligence that Hamas was using Gaza's largest hospital Al Shifa to run its military operations, and probably to store weapons, saying those actions constituted a war crime. He said those groups were also prepared to respond to Israeli military operations against that facility. Israeli forces have surrounded Gaza City's Al Shifa hospital, the biggest in the enclave, which they say sits atop an underground headquarters of Hamas militants. The fate of Al Shifa in particular has become a focus of international alarm, including from Israel's closest ally, the United States.

Persons: Doaa, Al Shifa, John Kirby, Biden, Kirby, Gaza's, Trevor Hunnicutt, Steve Holland, Andrea Shalal, Chris Reese, Emelia Organizations: REUTERS, AIR FORCE, Air Force, Hamas, Reuters, Thomson Locations: Al Shifa, Israel, Gaza City, United States, Gaza, Beirut, Israel's

U.S. President Joe Biden delivers remarks on the White House initiative on climate change, at the White House in Washington, November 14, 2023. "Hang in there, we're coming," Biden said at the White House, when asked by reporters what his message to family members of hostages was. Hamas fighters surged across the border from Gaza into Israel on Oct.7, killing about 1,200 people and taking around 240 hostages, according to Israeli officials. The Israeli bombardment of Gaza has killed more than 11,000 Palestinians, around 40% of them children, according to health officials in the Hamas-ruled territory. Reuters last week reported that Qatar, where several political leaders of Hamas are based, has been leading mediation efforts between Hamas and Israeli officials over the hostages.

Persons: Joe Biden, Tom Brenner, we're, Biden, Brett McGurk, Israel, Andrea Shalal, Steve Holland, Susan Heavey, Katharine Jackson, Doina Chiaacu, Deepa Babington Organizations: White, REUTERS, Rights, West Bank, Gaza, Reuters, Thomson Locations: Washington, Israel, Qatar, Saudi Arabia, Gaza, Tel Aviv, Jerusalem, United States

ABOARD AIR FORCE ONE, Nov 14 (Reuters) - U.S. President Joe Biden said on Tuesday his goal during talks with Chinese President Xi Jinping this week is to resume normal communications between the two superpowers, including military-to-military contacts. Speaking to reporters at the White House before departing for San Francisco, Biden said he is trying to alter the U.S. relationship with China for the better, after a period of strained ties. Biden and Xi are to meet on Wednesday in the San Francisco area during the Asia-Pacific Economic Cooperation summit. It will be only the second in-person meeting between the two leaders since Biden took office in January 2021. But top Biden administration officials have since visited Beijing and met with their counterparts to rebuild communications and trust.

Persons: Joe Biden, Xi Jinping, Biden, Xi, John Kirby, Kirby, Gavin Newsom, Brittany Hosea, I'm, Nancy Pelosi, Andrea Shalal, Steve Holland, Trevor Hunnicutt, Grant McCool Organizations: AIR FORCE, White, San Francisco, Economic Cooperation, Air Force, White House, San Francisco International Airport, APEC, REUTERS, Biden, Thomson Locations: China, San Francisco, Asia, Israel, Gaza, Ukraine, San Francisco , California, U.S, United States, Taiwan, Beijing

☆ UK Minister to Sign Trade Pact With Florida Governor DeSantis
▼ + stars: | 2023-11-14 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +3 min

By Andrea Shalal and Alistair SmoutWASHINGTON (Reuters) - British Business and Trade Secretary Kemi Badenoch said she will sign a memorandum of understanding with Florida Governor Ron DeSantis on Tuesday to boost trade and investment with the fourth largest U.S. state. Badenoch said the Florida deal was Britain's seventh with U.S. states, and Britain was also making progress in talks with the U.S. federal government on a broader trade agreement. Badenoch and DeSantis, a Republican presidential hopeful, will sign the deal in the Port of Jacksonville around midday (1700 GMT) Tuesday. Trade between Britain and Florida is already worth more than 5 billion pounds ($6.14 billion) a year, but could expand under the new memorandum. Together with Florida, they account for a combined gross domestic product (GDP) of 3.3 trillion pounds ($4 trillion).

Persons: Andrea Shalal, Alistair Smout WASHINGTON, Kemi Badenoch, Florida Governor Ron DeSantis, Badenoch, Katherine Tai, Rishi Sunak, Joe Biden, Donald Trump, Biden, DeSantis, Trump, Alistair Smout, Edwina Gibbs, Mark Heinrich Organizations: Business, Trade, Florida Governor, U.S, Reuters, . Trade, British, Britain, Republican, Trump, NASA Kennedy Space Center Locations: Florida, Britain, China, Badenoch, DeSantis, Port of Jacksonville, London, Indiana , North Carolina, South Carolina , Oklahoma , Utah, Washington, Texas , New York , California, Colorado, Illinois

[1/6] A satellite image shows Al-Shifa hospital, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Gaza November 7, 2023. Israel says it is homing in on Palestinian Hamas militants who launched deadly attacks in southern Israel on Oct. 7, and says the group has command centers under and near the hospitals. "Tragically, the number of patient fatalities has increased significantly," he said in a post on X, formerly known as Twitter, adding that Shifa was "not functioning as a hospital anymore." The Israeli military response has also prompted anger, with hundreds of thousands protesting in capitals around the world demanding a ceasefire. "Al Quds hospital has been cut off from the world in the last six to seven days.

Persons: Tedros Adhanom Ghebreyesus, Tedros, Israel, Josep Borrell, Jake Sullivan, we've, Sullivan, Biden, Joe Biden, Emir Sheikh Tamim bin Hamad Al, Ashraf Al, Shifa, Ahmed El Mokhallalati, Crescent, Tommaso Della Longa, Nidal al, Dan Williams, Adam Makary, Ahmed Tolba, Sabine Siebold, Andrea Shalal, Simon Lewis, Diane Craft Organizations: Hamas, Maxar Technologies, REUTERS Acquire, World Health Organization, WHO, United Nations, European Union, Union, White, National, Israeli Defense Forces, CBS News, United, Reuters, Gaza's Health Ministry, Health Ministry, Palestinian, International Federation of Red, Red Crescent Societies, Thomson Locations: Israel, Palestinian, Gaza, GAZA, JERUSALEM, Shifa, United States, Washington, U.S, Emir Sheikh Tamim bin Hamad Al Thani, Lebanon, Iran, Iraq, Syria, Al, Quds, Al Quds, Jerusalem

U.S. President Joe Biden holds a bilateral meeting with Qatar's Emir Sheikh Tamim bin Hamad al-Thani in the Oval Office at the White House in Washington, U.S., January 31, 2022. "The two leaders agreed that all hostages must be released without further delay," the statement said. Hamas fighters surged across the border from Gaza into Israel on Oct.7, killing about 1,200 people and taking more than 200 hostages, according to Israeli officials. Reuters last week reported that Qatar, where several political leaders of Hamas are based, has been leading mediation efforts between Hamas and Israeli officials over the hostages. Washington has rejected calls from Arab leaders and others for it to insist that Israel halt its assault on the Hamas-controlled Gaza strip.

Persons: Joe Biden, Emir Sheikh Tamim bin Hamad, Leah Millis, Emir Sheikh Tamim bin Hamad Al, Biden, Jake Sullivan, CNN's, Sullivan, Brett McGurk, Biden's, Benjamin Netanyahu, Al Thani, Washington, Andrea Shalal, Ahmed Tolba, Steve Holland, Hugh Lawson, Noeleen Walder, Diane Craft Organizations: White, REUTERS, Rights, Hamas, Reuters, CNN, U.S, East, Israel, Israeli, Biden, Thomson Locations: Thani, Washington , U.S, Emir Sheikh Tamim bin Hamad Al Thani, Gaza, Israel, Qatar, Egypt, United States, Brussels, Saudi Arabia, Jordan, Rafah

☆ Biden will push China to resume military ties with US, official says
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +2 min

U.S. President Joe Biden meets with Chinese President Xi Jinping on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022. Biden will meet Chinese President Xi Jinping in person for the first time in a year on Wednesday during the Asia-Pacific Economic Cooperation summit in San Francisco. It will be only the second in-person meeting between the two leaders since Biden took office in January 2021. Sullivan said on CNN's "State of the Union" that Biden would seek to "advance the ball" on military ties during his meeting with Xi, but declined to provide further details. President Biden would like to re-establish that," Sullivan said.

Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Jake Sullivan, Biden, it's, Sullivan, Xi, Katharine Jackson, Arshad Mohammed, Andrea Shalal, Scott Malone, Grant McCool Organizations: REUTERS, Rights, White House, Biden, Economic Cooperation, U.S, CBS, Thomson Locations: Bali , Indonesia, China, Asia, San Francisco, Israel, Ukraine, North, Russia, Taiwan, U.S, United States, Beijing

☆ Largest Gaza Hospital 'Not Functioning' Amid Israeli Assault
▼ + stars: | 2023-11-12 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +6 min

By Nidal al-Mughrabi and Dan WilliamsGAZA/JERUSALEM (Reuters) - The largest hospital in Gaza has ceased to function and fatalities among patients are rising, the head of the World Health Organization (WHO) said on Sunday, as a blistering Israeli assault continues in the Hamas-controlled strip. "Tragically, the number of patient fatalities has increased significantly," he said in a post on X, formerly known as Twitter, adding that Shifa was "not functioning as a hospital anymore." The European Union condemned Hamas for using "hospitals and civilians as human shields" in Gaza, while also urging Israel to show "maximum restraint" to protect civilians. The Israeli military response has also prompted anger, with hundreds of thousands protesting in capitals around the world demanding a ceasefire. "Al Quds hospital has been cut off from the world in the last six to seven days.

Persons: Nidal, Dan Williams, Tedros Adhanom Ghebreyesus, Tedros, Israel, Josep Borrell, Jake Sullivan, we've, Sullivan, Biden, Joe Biden, Emir Sheikh Tamim bin Hamad Al, Ashraf Al, Shifa, Ahmed El Mokhallalati, Crescent, Tommaso Della Longa, Nidal al, Adam Makary, Ahmed Tolba, Sabine Siebold, Andrea Shalal, Simon Lewis, Diane Craft Organizations: World Health Organization, WHO, United Nations, European Union, Union, White, National, Israeli Defense Forces, CBS News, United, Reuters, Gaza's Health Ministry, Health Ministry, Palestinian, International Federation of Red, Red Crescent Societies Locations: Dan Williams GAZA, JERUSALEM, Gaza, Shifa, Israel, United States, Washington, U.S, Emir Sheikh Tamim bin Hamad Al Thani, Lebanon, Iran, Iraq, Syria, Al, Quds, Al Quds, Jerusalem

☆ Five US Service Members Killed in Aircraft Crash in Mediterranean -Defense Department
▼ + stars: | 2023-11-12 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) -Five U.S. service members were killed on Friday when their aircraft crashed into the Mediterranean Sea during a refueling training mission, the U.S. Defense Department said on Sunday. Search and rescue operations involving nearby U.S. military aircraft and ships immediately followed the crash and an investigation into its cause is under way, U.S. European Command said in a statement. U.S. European Command, which handles American military operations in Europe and parts of the Middle East, reported the accident on Saturday. "We can definitively say that the aircraft sortie was purely related to training and there are no indications of hostile activity," it said. Identities of the victims will not be released until next of kin notifications are completed, the command said.

Persons: Joe Biden, Katharine Jackson, Andrea Shalal, Scott Malone, Grant McCool, Sandra Maler Organizations: WASHINGTON, U.S, U.S . Defense, U.S . European Command Locations: U.S, Israel, Europe

Moody's is the last of the three major rating agencies to maintain a top rating for the U.S. government. Fitch changed its rating from triple-A to AA+ in August, joining S&P which has had an AA+ rating since 2011. “While the statement by Moody’s maintains the United States’ AAA rating, we disagree with the shift to a negative outlook. The sharp rise in Treasury yields "has increased pre-existing pressure on US debt affordability," Moody's said. “Moody’s just downgraded our credit rating outlook to negative because of our out-of-control government spending and deficits," hardline Republican Representative Andy Harris said on X, formerly known as Twitter.

Persons: Shannon Stapleton, Joe Biden's, Fitch, Moody's, Karine Jean, Pierre, Moody’s, Wally Adeyemo, Adeyemo, Biden, Quincy Krosby, Donald Trump, Mike Johnson, “ Moody’s, Andy Harris, ”, Richard Rohan Francis, Davide Barbuscia, Andrea Shalal, David Morgan, Caroline Valetkevitch, Ira Iosebashvili, Megan Davies, Shilpi Majumdar, Shounak Dasgupta, David Gregorio, Chris Reese Organizations: REUTERS, . House, U.S ., Aaa, White, Republican, States ’ AAA, Treasury, Reserve, LPL, New York Times, Republicans, Democratic, Thomson Locations: New York City, U.S, WASHINGTON, American, Siena, Nevada , Georgia, Arizona , Michigan, Pennsylvania, Trump, Wisconsin

"I stressed that companies must not provide material support to Russia's defense industrial sector and that they will face significant consequences if they do," Yellen told reporters at a news conference in San Francisco. "We are determined to do all that we can to stem this flow of material that aids Russia in conducting this brutal and illegal war," Yellen said, warning that any companies aiding Moscow's war effort could face sanctions. "We would like to see China crack down on this, especially when we're able to provide information," she said. Yellen stressed the Chinese firms in question were private and said she was not suggesting that this was occurring with knowledge of the Chinese government. Reporting by David Lawder and Ann Saphir, writing by Andrea Shalal and Alistair BellOur Standards: The Thomson Reuters Trust Principles.

Persons: Janet Yellen, Lifeng, Carlos Barria, Yellen, David Lawder, Ann Saphir, Andrea Shalal, Alistair Bell Organizations: . Treasury, APEC, Economic Cooperation, REUTERS, FRANCISCO, Ukraine, Thomson Locations: U.S, Asia, San Francisco , California, China, Moscow, San Francisco, Russia

SAN FRANCISCO, Nov 10 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Friday that she agreed with Chinese Vice Premier He Lifeng to "intensify communication" on economic issues but warned him to crack down on Chinese companies that give material support to Russia for its war in Ukraine. "During our discussions, we agreed that in-depth and frank discussions matter, particularly when we disagree," Yellen said. "And I emphasized that the current uncertain global landscape makes it particularly crucial that we maintain resilient lines of communication going forward." "We would like to see China crack down on this, especially when we're able to provide information," Yellen said. Discussing the Israel-Hamas war, Yellen spoke of the need "to prevent escalation and expansion of the conflict in the Middle East," the Treasury said in a statement.

Persons: Janet Yellen, Lifeng, Yellen, Joe Biden, Xi Jinping, Carlos Barria, Donald Trump's, Liao Min, Liao, Eric Beech, David Lawder, Ann Saphir, Andrea Shalal, David Ljunggren, Chizu Nomiyama, Andrea Ricci, Grant McCool, Christian Schmollinger, Simon Cameron, Moore Organizations: FRANCISCO, . Treasury, Economic Cooperation, Communist Party, Treasury, U.S, APEC, REUTERS, Industrial, Commercial Bank of, Finance, Ministry of Finance, Fund, Thomson Locations: Russia, Ukraine, San Francisco, Asia, China, RUSSIA, Israel, U.S, San Francisco , California, Commercial Bank of China, Washington, Beijing, United States

☆ Biden officials reject Moody's shift to 'negative' outlook, point to Republican 'dysfunction'
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +1 min

U.S. President Joe Biden delivers remarks to United Auto Workers (UAW) union members in Belvidere, Illinois, U.S., November 9, 2023. REUTERS/Leah Millis/File Photo Acquire Licensing RightsWASHINGTON, Nov 10 (Reuters) - Top Biden administration officials on Friday rejected a decision by Moody's ratings agency to downgrade its U.S. economic outlook to negative from stable, calling the shift a reflection of what they called "extremism and dysfunction" among congressional Republicans. “While the statement by Moody’s maintains the United States’ AAA rating, we disagree with the shift to a negative outlook. The American economy remains strong, and Treasury securities are the world’s preeminent safe and liquid asset," Deputy Treasury Secretary Wally Adeyemo said in a statement. White House spokesperson Karine Jean-Pierre said the change was "yet another consequence of congressional Republican extremism and dysfunction."

Persons: Joe Biden, Leah Millis, “, Moody’s, Wally Adeyemo, Karine Jean, Pierre, Andrea Shalal Organizations: United Auto Workers, UAW, REUTERS, Rights, Biden, States ’ AAA, Republican, Thomson Locations: Belvidere , Illinois, U.S, American

☆ Reuters NEXT Treasury's Adeyemo says 'far better' to see Russia buying tankers than tanks
▼ + stars: | 2023-11-09 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

NEW YORK, Nov 9 (Reuters) - U.S. Deputy Secretary Wally Adeyemo on Thursday said the Group of Seven-led coalition that imposed a price cap on Russian oil last December was shifting its focus from reducing Russian revenues to raising Moscow's cost of shipping its oil. "From my standpoint, them buying these tankers and spending money on tankers was far better than spending money on tanks," he said. It also means that enforcing the price cap will have limited impact on Russian revenues. G7 countries and Australia imposed sanctions in December 2022 that prohibit shippers or insurers domiciled in member countries from offering services to facilitate Russian oil exports when the price is above $60 a barrel. He gave no further details on what steps could be taken to increase Russia's costs.

Persons: Wally Adeyemo, Adeyemo, Andrea Shalal, Deepa Babington Organizations: Reuters NEXT, Reuters, Thomson Locations: New York, Ukraine, Russia, refiners, China, India, Australia, Western

☆ US Treasury's Adeyemo Sees More Actions Against Hamas in Coming Days, Weeks
▼ + stars: | 2023-11-09 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +3 min

"We're going to see actions taken by our allies and partners," Adeyemo said. Since the Palestinian militant group's deadly Oct. 7 attack on Israel, Washington has imposed two rounds of sanctions on Hamas. Nelson "pledged continued engagement with those who have taken proactive steps to investigate, identify, and disrupt Hamas-related activity," the Treasury said. Such transactions combining pools of assets or delaying transaction processing can hide the beneficial ownership of crypto assets, Adeyemo said. (Reporting by Andea Shalal in New York and Daphne Psaledakis in Washington; Writing by David Lawder, Editing by Howard Goller)

Persons: Andrea Shalal, Daphne Psaledakis NEW, Wally Adeyemo, Adeyemo, Brian Nelson, Nelson, doesn't, Andea Shalal, Daphne Psaledakis, David Lawder, Howard Goller Organizations: WASHINGTON, ., Reuters NEXT, Treasury, Terrorism, Financial Intelligence, FOCUS, USA Locations: Israel, Washington, Europe, New York

☆ Reuters NEXT White House's Bernstein upbeat on economy despite Mideast war, shutdown threat
▼ + stars: | 2023-11-08 | by ( Jeff Mason | Thomson Reuters | Jeff Mason Is A White House Correspondent For Reuters. He Has Covered The Presidencies Of Barack Obama | ) www.reuters.com time to read: +3 min

"On the headwind side, certainly being in a higher rate environment is something we have to be mindful of. Bernstein said the U.S. economy was outperforming virtually all its competitors and urged Congress to pass the necessary appropriations bills to keep the government running. We've got a very strong backdrop to a U.S. economy that's outperforming virtually all our competitors," he said. Asked about recent negative polls reflecting concern about President Joe Biden's handling of the economy, Bernstein said Americans had to reset their price expectations given an increase in their buying power. Bernstein said the Biden administration had taken a series of steps to ease prices while maintaining a strong labor market.

Persons: Jared Bernstein, Amanda Andrade, Rhoades, Washington, Bernstein, We've, Joe Biden's, Biden, Jeff Mason, Eric Beech, Andrea Shalal, Dan Burns, Richard Chang Organizations: of Economic Advisers, Banking, Housing, Urban Affairs, Capitol, REUTERS, U.S . Council, Economic, Reuters NEXT, Thomson Locations: Washington , U.S, Israel, Gaza, U.S, New York, joblessness

☆ Democrats' dilemma: Biden's agenda is popular, but he is not
▼ + stars: | 2023-11-07 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +6 min

U.S. President Joe Biden steps from Marine One upon his return to the White House in Washington, U.S., November 6, 2023.REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsPHILADELPHIA, Nov 7 (Reuters) - Andrea Singmaster is thankful for President Joe Biden. "I love Joe Biden. The contrast between the popularity of the Biden agenda and the unpopularity of its pitchman, even among some party loyalists, is a major concern for Democrats going into 2024. Biden's approval rating is hovering around 40%, near the lowest level of his presidency, according to the latest Reuters/Ipsos poll. Still, the polls are hastening calls from some Democrats for the Biden campaign to focus less on him and his "Bidenomics" pitch and more on the dangers they say Trump poses.

Persons: Joe Biden, Kevin Lamarque, Andrea Singmaster, Biden, Singmaster, Democratic longshot Dean Phillips, Donald Trump, He's, James Carville, Trump, Joseph Foster, Foster, SCRANTON JOE, Scranton Joe playbook, Biden's, it's, Julie Chavez Rodriguez, Kamala Harris, St . Louis, Harris, Jarrett Renshaw, Heather Timmons, Rod Nickel Organizations: Marine, White, REUTERS, Rights, Democratic, Republican, Biden, America, Reuters, Trump, New York Times, Sienna College, SCRANTON, Scranton, Thomson Locations: Washington , U.S, Philadelphia, Pennsylvania, Montgomery County, Scranton , Pennsylvania, St .

That has left Italian equities overall more cheaply valued than even battered UK shares (.dMIGB00000PUS), which are trading at a 33% discount to global peers. Goldman Sachs estimates that each 10 bps rise in sovereign spreads takes around 2% off Italian bank shares and 1.5% off the FTSE MIB index. Conflict in Ukraine and in the Middle East meanwhile threaten to spark a fresh surge in energy prices and weaken growth. UniCredit shares are up almost 80% this year and among the best performing euro zone banking shares. Fidelity International portfolio manager Alberto Chiandetti, said he was chasing opportunities in battered industrials and consumer sectors in the FTSE Italia Star index.

Persons: Claudia Greco, Chris Hiorns, Fitch, Goldman Sachs, Giuseppe Sersale, Andrea Scauri, Lemanik, Scauri, LSEG, Alberto Chiandetti, Joice Alves, Danilo Masoni, Dhara Ranasinghe, Toby Chopra Organizations: REUTERS, Companies, LONDON, Barclays, European Commission, FTSE Italia Star, Anthilia, Banco, Fidelity International, FTSE, Thomson Locations: Milan, Silicon, Italy, Companies Italy, MILAN, Germany, Ukraine, iShares, Europe, dei, London

☆ How the spritz became the ‘cocktail of the moment’
▼ + stars: | 2023-11-04 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +5 min

New York CNN —Martinis and margaritas might still be people’s drink of choice, but the spritz is bubbling to the top. Bartenders are experimenting so much with the spritz, swapping in different liqueurs or juices in place of Campari or Aperol, that it’s becoming the “cocktail for the moment” and expanding its appeal year-round, a recent report from bar analytics service Union said. “By all accounts, the spritz has had a smashing year, showing strong growth across every month, peaking smack-dab in the middle of summer,” Union said. Data shows that spritz sales started growing in sales this year a month earlier — in April — than usual. Just scrolling on TikTok, Rosenstein notices different variations of a spritz (such as a Hugo spritz, made with St-Germain elderflower liqueur, or a Lillet spritz made with the wine-based liqueur) in her feed.

Persons: New York CNN —, it’s, —, Matthew Crompton, Jennifer Coolidge, Andrea Sengara, ” Sengara, “ We’ve, Yvonne Tnt, Shutterstock Sting, Sting, “, Ana Rosenstein, ”, Rosenstein, Hugo spritz, Germain elderflower, spritzes Organizations: New, New York CNN, NIQ, ”, CNN, Coachella, US, St Locations: New York, California, Aperol, Campari, York

☆ Yellen supports 'significant' capital increase for IDB's private sector arm
▼ + stars: | 2023-11-03 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

Yellen, who hosted a breakfast for leaders from the Americas Partnership for Economic Prosperity before a White House summit, said Treasury strongly supported efforts by IDB President Ilan Goldfajn to reform the regional development bank's private sector arm, IDB Invest, and backed a capital increase for it. "My team at Treasury is working closely with President (Ilan) Goldfajn and IDB Group shareholders to define the policy reforms and financial scenarios that would enable a significant capital increase for IDB Invest," she said. Yellen told an IDB conference on Thursday that additional capital would help increase IDB Invest's impact and ability to better mobilize private capital to the region, as APEP partners work to shift supply chains away from China and expand "nearshoring" options closer to home. Yellen also said on Thursday that the "originate-to-share" approach adopted by IDB Invest CEO James Scriven was pioneering a new way for multilateral development banks (MDBs) to leverage private sector capital, an innovation being closely watched by others. The move by IDB follows efforts by China to increase its influence in Latin America, through increased direct lending to Latin American governments and boosting trade ties to resource-rich South American countries.

Persons: Janet Yellen, Ilan Goldfajn, Ilan, Goldfajn, Yellen, James Scriven, Andrea Shalal, Christina Fincher, Paul Simao Organizations: . Treasury, Inter, American Development Bank, Americas, Economic Prosperity, Treasury, IDB Invest, IDB Group, IDB, Thomson Locations: United States, America, Caribbean, Washington, U.S, Latin America, China, Mexico

U.S. President Joe Biden holds an event about American retirement economics in the State Dining Room at the White House in Washington, U.S., October 31, 2023. Biden was speaking to about 200 people when the heckler shouted: "As a rabbi, I need you to call for a ceasefire right now." Biden responded: "I think we need a pause. The White House has previously said it supports a "humanitarian pause" to allow aid deliveries to Gaza and the release of hostages. Biden's heckler on Wednesday, who told reporters that her name was Rabbi Jessica Rosenberg, was escorted out by security while singing "ceasefire now."

Persons: Joe Biden, Leah Millis, Biden, heckler, Israel, Biden's heckler, Jessica Rosenberg, ”, Jarrett Renshaw, Andrea Shalal, Michael Perry Organizations: White, REUTERS, Rights, Hamas, Israel, Thomson Locations: Washington , U.S, Rights MINNEAPOLIS, Israel, Gaza

☆ Biden kicks off rural America tour in Minnesota
▼ + stars: | 2023-11-01 | by ( Andrea Shalal | ) www.reuters.com time to read: +5 min

[1/2] U.S. President Joe Biden holds an event about American retirement economics in the State Dining Room at the White House in Washington, U.S., October 31, 2023. Thirteen top administration officials will visit rural places in 15 states, including election battlegrounds like Michigan, Pennsylvania and Arizona, to highlight investments in rural communities, where one in five Americans live. A campaign official told Reuters that Biden would also participate in a fundraiser in Minneapolis after the farm visit. Biden beat former president Donald Trump in Minnesota by 52.4% to 45.3%, winning the state's 10 electoral college votes out of a total of 538 total. "President Biden believes that investing in America means investing in all of America and leaving no one behind," Neera Tanden, who heads the White House Domestic Policy Council, told reporters.

Persons: Joe Biden, Leah Millis, Biden, Dean Phillips, Donald Trump, Karine Jean, Pierre, Phillips, Jaylani Hussein, Tanden, Andrea Shalal, Jeff Mason, Andrew Hay, Stephen Coates Organizations: White, REUTERS, Rights, Reuters, Democratic, of American Islamic Relations, Muslim American, St Paul International Airport, Domestic Policy Council, Black, Republicans, Thomson Locations: Washington , U.S, Minnesota, Michigan, Pennsylvania, Arizona, Minneapolis, Gaza, Israel, America, North Carolina, Georgia, Wisconsin, Raleigh , North Carolina, Northfield, Puerto Rico

When surveyed by the department, 45% of Ohio’s financial advisers said they were aware of a client of theirs, or a client’s family member, that was struggling with addiction. In the program, financial advisers are taught to look for certain signs. Those seeking help can input their insurance status and treatment needs to be connected programs they can more easily afford or receive financial help with. Financial advisers have had to come up with ways to combat a multitude of financial crises, like increasing cybersecurity breaches or investment fraud targeting the elderly. Lori Eisel, a financial adviser and owner of Arcadia Financial Partners, knows both sides of the struggle.

Persons: — Joe Smith, that’s, Smith, Smith’s, Olivia, don’t, ”, Andrea Seidt, ” Seidt, Carl Hollister, L.M, Kohn, Hollister, Lori Eisel, ” Eisel, “, Joe Smith, ” Smith, He’s, __ Samantha Hendrickson Organizations: Society of Actuaries, state’s Department of Commerce, Ohio, Arcadia Financial Partners, Associated Press, America Statehouse News Initiative, America Locations: COLUMBUS , Ohio, Columbus , Ohio, Ohio, Cincinnati, stow

In an open letter entitled "2023 Ceasefire Ultimatum," the Muslim leaders pledged to mobilize Muslim voters to "withhold endorsement, support, or votes for any candidate who endorses the Israeli offensive against the Palestinian people." Muslim Americans in Minnesota, where Biden plans to visit on Wednesday, last week issued a similar ceasefire ultimatum, with a noon Tuesday deadline. Although a self-described Zionist president, Biden has appointed more Arab Americans and Muslims to political posts than any predecessor, as well as the first two Muslim federal judges. Around 70% of Muslim Americans backed Biden in 2020, Hussein said. Ahmet Tekelioglu, executive director of CAIR in Philadelphia, said Muslim Americans in the state were calling for an immediate ceasefire but he was not aware of plans to set a deadline.

Persons: Joe Biden, Leah Millis, Joe Biden's, Biden, Keith Ellison, Andre Carson of, Benjamin Netanyahu, John Kirby, Rashida Tlaib, Jaylani Hussein, Hussein, Ahmet Tekelioglu, Andrea Shalal, Andrew Hay, Heather Timmons, Howard Goller Organizations: Artificial Intelligence, White, REUTERS, Rights, Democratic Party, National Muslim Democratic Council, Former U.S, Congress, Israel, Palestinian, Twitter, Sacramento Valley Council, Islamic Relations, CAIR, Thomson Locations: Washington , U.S, Gaza, Michigan, Ohio, Pennsylvania, Israel, Andre Carson of Indiana, Gaza . U.S, Minnesota, Palestine, Sacramento, Wisconsin , Ohio, Michigan , Ohio, Wisconsin, Philadelphia, Washington, New Mexico

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