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As King Charles III Is Treated for Cancer, Here Is the Order of Succession to the British ThroneAs King Charles III receives treatment for cancer, he remains Britain’s monarch and head of state
Persons: King Charles III Organizations: Cancer
The two organizations have worked together on other issues, including several conferences on U.S. elections, but the principles released Tuesday are their first to examine the nation’s election system and policies. Carroll said challenging election results and the integrity of the voting process is a relatively new development. ”Extreme polarization really has led, I think, to more questioning of election processes that, ironically, have only improved significantly over the last 25 years," he said. Amy Cohen, executive director of the National Association of State Election Directors, said she had not seen the recommendations but said election officials are constantly trying to improve. “We need to normalize the fact that it just takes longer to tabulate election results accurately,” she said.
Persons: gamesmanship, , Jimmy Carter, State James A, Baker III, David Carroll, Carter, Carroll, ” Mark Jones, Baker, Jones, Amy Cohen Organizations: WASHINGTON, The Carter Center, Baker Institute for Public Policy, Democrat, Republican, State, Reform, Democracy, U.S, Rice University, National Association of State Locations: U.S
The diagnosis came after the British monarch underwent treatment for an enlarged prostate in January. In a statement shared with Business Insider, the palace did not disclose Charles' form of cancer but said that the health issue was discovered while the UK royal was undergoing his prostate procedure. On January 17, the palace announced that Charles had an enlarged prostate and would be undergoing a "corrective procedure" later in the month. It's fairly common to detect cancer during an enlarged prostate procedure, Brahmbhatt told BI. Brahmbhatt said procedures to treat an enlarged prostate can reveal cancers of the prostate, penis, testicles, bladder, or kidneys.
Persons: , Charles III, Buckingham, Charles, King Charles III, Samir Hussein, Prince Harry, Duke of Sussex, Harry, Meghan Markle, Jamin, Brahmbhatt, I've, Max Mumby, it's Organizations: Service, Buckingham Palace, Business Locations: British, France, California, Orlando , Florida, York, England
Turkey central bank chief quits, citing need to protect her family
  + stars: | 2024-02-03 | by ( ) www.cnbc.com   time to read: +3 min
Turkish Central Bank Governor Hafize Gaye Erkan answers questions during a news conference for the Inflation Report 2023-III in Ankara, Turkey on July 27, 2023. Anadolu Agency | Anadolu Agency | Getty ImagesTurkey's central bank governor Hafize Gaye Erkan resigned on Friday, citing a need to protect her family amid a "reputation assassination", and she was swiftly replaced by a deputy who is expected to carry on her tight policy stance. The first woman to lead the central bank, Erkan was its fifth governor in as many years. Since then the central bank had hiked its key rate to 45% from 8.5%. Last month, opposition newspaper Sozcu published an article about a central bank employee who said she was wrongfully dismissed from the bank by Erkan's father.
Persons: Turkish Central Bank Governor Hafize Gaye Erkan, Hafize Gaye Erkan, Tayyip Erdogan, Erkan, Fatih Karahan, Erdogan, Sozcu, Erkan's Organizations: Turkish Central Bank Governor, Anadolu Agency, Getty, Official Gazette, Turks, Federal Reserve Bank of New Locations: Ankara, Turkey, Federal Reserve Bank of New York, U.S
Now, Mahomes’ dad, Pat Mahomes, admits he has to take some credit for it, while also backing up his son’s work ethic. “Patrick works really hard, he’s at the gym all the time, he works out three times a week,” said on “CNN This Morning” on Thursday. Mahomes Sr. pitches for the New York Mets in a spring training game against the St. Louis Cardinals in 2000. Mahomes walks out for warmups prior to the AFC championship game against the Baltimore Ravens at M&T Bank Stadium on January 28. For him to have the amount of success that he’s had this early on in his career is just surreal,” he told CNN.
Persons: Patrick Mahomes, hasn’t, , Mahomes, , Pat Mahomes, “ Patrick, , that’s, DK Metcalf, We’ve, Keith Torrie, ” Mahomes, I’ve, , Michael Jordan, Tom Brady’s, It’s, Andy Reid, Travis Kelce, Perry Knotts, he’s, Alex Rodriguez, Rickey Henderson Organizations: CNN, Super Bowl, NFL, Kansas City Chiefs, Baltimore Ravens, AFC, Twitter, Major League Baseball, New York Mets, St, Louis Cardinals, New York Daily, Chiefs, San Francisco 49ers, Mahomes, Kansas City, T, Locations: Japan, New, Las Vegas , Nevada, Las Vegas
CNN —Kansas City Chiefs star defender Charles Omenihu looks set to miss this year’s Super Bowl after sustaining an injury in Sunday’s AFC Championship Game against the Baltimore Ravens. Amid reports the defensive end had torn his anterior cruciate ligament (ACL), the Chiefs star posted a number of times on X, formerly known as Twitter, on Monday which appeared to confirm the injury. In a separate post on X, Omenihu wrote a message to his fans. CNN has reached out to the Kansas City Chiefs for comment. The Kansas City Chiefs will face the 49ers at Super Bowl LVIII in Las Vegas on February 11.
Persons: Charles Omenihu, Brian Baldinger, Omenihu, , , Lamar Jackson, Omenihu’s, Chris Jones, Charles Organizations: CNN, Kansas City Chiefs, Sunday’s AFC, Baltimore Ravens, Chiefs, NFL, Football, NFL Network, Houston Texans, San Francisco 49ers, Ravens, The Kansas City Chiefs, 49ers, Super Locations: The, Las Vegas
The game will be played in Las Vegas at the Raiders’ state-of-the-art Allegiant Stadium, aka the “Death Star,” the first time the venue – and Nevada – has hosted the NFL’s championship game. A new homeOpened in 2020, Allegiant Stadium was part of a monumental project spearheaded by Raiders owner Mark Davis. A general view of the playing field at Allegiant Stadium. Despite not really looking anything like the doomed Death Star – a giant planet-destroying space station that is twice blown up in the original Star Wars trilogy – the name has stuck. However, back in 2020, Davis was confident his Death Star would be more successful than its ill-fated namesake.
Persons: Mark Davis, Al Davis, Mark Davis ’, David Becker, ” Mark Davis, Davis, , Jon Gruden, , it’s, John Madden, Carol Davis – Al Davis ’, Mark – Organizations: CNN, NFL, Kansas City Chiefs, San Francisco 49ers, Raiders, Allegiant, Silver State, Las, Sports, Las Vegas, Eiffel, Getty, Wars, ESPN, Former Raiders, Oakland Coliseum Locations: Las Vegas, Nevada, Oakland , California, Southern Nevada, Los Angeles, of
King Charles III was admitted to a private London hospital Friday to undergo a "corrective procedure" for an enlarged prostate, Buckingham Place said. The 75-year-old king will be treated at the London Clinic, where the Princess of Wales is recovering after undergoing abdominal surgery. "The King was this morning admitted to a London hospital for scheduled treatment,'' the palace said. The publicity around the king's surgery is seen as an opportunity to encourage other men to have their prostates checked in line with public health advice. The palace said the king was "delighted to learn that his diagnosis is having a positive impact on public health awareness.''
Persons: King Charles III, Kate, Charles Organizations: London Clinic Locations: London, Wales
The 13-year group, known as Brood XIX, or the Great Southern Brood, is the largest periodical cicada brood, stretching across the southeastern United States. The Northern Illinois Brood, or Brood XIII, emerges every 17 years. Periodical cicadas are smaller and mostly black, with bright red eyes and orange-tinged wings and legs. Billions of cicadas are expected this spring as two different broods — Broods XIX and XIII — emerge simultaneously. However, predictions of a cicadapocalypse — in which Brood XIII and Brood XIX show up at the same place at the same time — are probably an exaggeration.
Persons: hasn’t, Thomas Jefferson, , , , Jonathan Larson, don’t, XIII —, Jason Bergman, ” Larson, We’re, Chris Simon, XIII haven't, Chip Somodevilla, Larson, Cheney Orr, ” Simon, Kate Golembiewski Organizations: CNN, Southern, Northern Illinois, University of Kentucky, Midwest, University of Connecticut, Reuters Locations: United States, Indianapolis, Northern Illinois, Wisconsin, Iowa, Indiana, Illinois, Missouri, Kentucky , Tennessee, Virginia, Maryland, North Carolina, South Carolina , Georgia, Alabama , Mississippi, Louisiana, Arkansas, Columbia , Maryland, America, Chicago
LONDON (AP) — Sarah, the Duchess of York, has been diagnosed with a malignant skin cancer that was discovered during her treatment for breast cancer, a spokesperson said. The melanoma was found after several moles were removed while she was undergoing reconstructive surgery after a mastectomy. “Clearly, another diagnosis so soon after treatment for breast cancer has been distressing but the Duchess remains in good spirits," the spokesperson said. Sarah, 64, the ex-wife of Prince Andrew and the mother of Princess Beatrice and Princess Eugenie was once a favorite target of Britain’s tabloids. Kate, the Princess of Wales, had abdominal surgery and King Charles III is due this week to have prostate treatment.
Persons: — Sarah, Duchess, Sarah, Prince Andrew, Princess Beatrice, Princess Eugenie, Sarah Ferguson, Fergie, , Princess, Wales, King Charles III Locations: York
Two broods of periodical cicadas are emerging simultaneously for the first time in 221 years. That's because two broods of periodical cicadas — Broods XIII and XIX — will emerge from their underground lairs simultaneously for the first time in 221 years. Brood XIX will predominantly appear in southern states, while Brood XIII will appear in a small section of the Midwest — mainly Illinois. Unlike annual cicadas, periodical cicadas spend years in their underground rooms like brooding teenagers (is that why they're called broods?) In the case of the next two emerging broods, Brood XIII emerges every 17 years, while Brood XIX emerges every 13 years.
Persons: , Lewis, Clark, Thomas Jefferson, Hype, Instagram, Brood, Gene Kritsky, Jessee Smith, I've, Kritsky, they're, it's, cicada, you've Organizations: Service, Business, Joseph University, Southern Locations: Illinois, Chicago, Louisiana, Marbury, Madison, Lake, Mount St
What they do results from neurons firing in assorted regions of the brain, the product of an array of causes they can’t control. Every now and then someone bursts out crying — a member of his family has been killed, or his house destroyed. • Join us on Twitter and FacebookThere was no visible sign of progress on the wars in Gaza and Ukraine. Writing before the summit, Frida Ghitis noted, “Biden may want Xi to help bring down the temperature on the world’s ongoing wars and help prevent new ones from igniting. “Today’s miseries of flying derive from this choice to deregulate airlines and unleash them into the Hunger Games of ordinary incentives.
Persons: Robert M, Sapolsky, , Sen, Bernie Sanders, Douglas Heye, Tim Burchett, Kevin McCarthy, elbowing, McCarthy, Heye, Burchett, tortuously, Mike Johnson, Johnson, George Santos, , ” Drew Sheneman, Julian Zelizer, Santos, ” “ Santos, Trump, ” Zelizer, John Avlon, Clay Jones, Nikki Haley’s, Nikki Haley's, Nikki Haley, Haley, she’d, Cupp, Hussein Ibish, ” “, Israel —, Abbas —, Fatma, Khan Younis, there’s, , Jessica Rosenberg, Joe Biden, ” Biden, Rosenberg, “ Biden, “ Aviva Klompas, speechwriting, Laden, Osama bin Laden, Peter Bergen ,, bin, bin Laden, , Walt Handelsman, Joan Steinau Lester, Xi Dana Summers, Biden, Xi Jinping, Frida Ghitis, Xi, ” Peter Bergen, Juvenal, Stephen I, Vladeck, they’ll, Stephen Brobeck, ” Trump’s, Donald Trump, Dean Obeidallah, “ I’m, Barack Obama, Peter Bergen, Megan Fox, Mike Coppola, Megan Fox isn’t, Patricia Grisafi, Tupac Shakur, Billy Corgan, Alicia Keys, Mary Lambert, Florence Welch, Halsey, Lana del Rey, Bob Dylan, Grisafi, Ganesh Sitaraman, Sitaraman, ” Don’t, Fareed Zakaria, Jill Filipovic, Travis Kelce, Taylor Swift Judi Ketteler, Noah Berlatsky, Nicolas, Elizabeth Debicki, Diana, Daniel Escale, Holly Thomas, Princess Diana, irresistibly, ” Thomas, Prince Charles ’, Camilla Parker, Bowles, Mohamed Al, Dodi, Spencer, Diana cavorting Organizations: CNN, Teamsters, House Republican, “ Tennessee Republican, Democrats, George Santos of New, Content Agency Santos, Long Island Republicans, GOP, Guinness, World Records, Democrat, CNN Former UN, New Hampshire, Trump, Fox News, West Bank, Gulf States Institute, Fatah, Palestinian Authority, Palestine Liberation Organization, PLO, “ Aviva, United Nations, Guardian, Agency, Biden, San Francisco Wednesday, China, Twitter, Consumer Federation of America, Democratic, Fox, , Hunger Games, Liberty ’, Netflix Locations: George Santos of, George Santos of New York, Las Vegas, Atlantic City, New, Israel, Gaza, Washington, Gaza City, Minneapolis, Iran, United States, America, al Qaeda, San, Ukraine, China, Mexico, Kansas City , Missouri, New Hampshire, Nazi Germany, Ohio, Al
Political Cartoons View All 1256 Images“I know that late in the game, fourth quarter, we're within a score, I want the ball," he added. Stafford looked sharp on a series of impressive late throws, none better than a picturesque 32-yard fling to rookie Puka Nacua. The Seahawks ultimately couldn’t stop the Rams' ground game in the fourth led by Royce Freeman, who rushed for 73 yards. Metcalf caught a TD pass in the first quarter for Seattle, which also committed 12 penalties for a whopping 130 yards. “This was the most disappointing loss for us because of the way we did it," Seahawks coach Pete Carroll said.
Persons: — Matthew Stafford, Stafford, , Lucas Havrisik, Jason Myers, Mario Edwards Jr, , , you've, Geno Smith, Myers, Smith, Aaron Donald, Darrell Henderson, Derion Kendrick, Drew Lock’s, Puka Nacua, Sean McVay, Kendrick, , ” Smith, DK Metcalf, Nacua, Royce Freeman, Metcalf, Pete Carroll, I’m, Jamal Adams, Jerrick Reed, RB Kenneth Walker III, Zach Charbonnet, WR Cooper Kupp didn’t, McVay, Cobie Durant, ___ Organizations: Los Angeles Rams, Rams, Super, Seahawks, Seattle, SoFi, 49ers, Los Angeles, RB, Super Bowl, UP NEXT, Thursday Locations: INGLEWOOD, Calif, Los Angeles, Los, Myers, Francisco, Arizona
Former U.S. First Lady Rosalynn Carter poses for a portrait in New York City, New York, on Friday, September 23, 2011. Jimmy Carter, Democratic presidential candidate, and his wife, Rosalynn, share a moment aboard his campaign plane on Oct 24th, 1976. Rosalynn Carter during Habitat for Humanity - 2005 Jimmy Carter Work Project - Day 2 at Benton Harbor in Benton Harbor, Michigan, United States. A portrait of President Jimmy Carter and his extended family. Left to right: Judy (Mrs. Jack Carter); Jason James Carter; Jack (John William Carter); Annette (Mrs. Jeff Carter); Jeff (Donnel Jeffrey Carter); first lady Rosalynn Carter; daughter Amy Lynn Carter; President Carter; daughter-in law Caron Griffin Carter holding James Earl Carter IV; and son Chip (James Earl Carter III).
Persons: Lady Rosalynn Carter, Carter, Nikki Kahn, Rosalynn Carter, Jimmy Carter, Biden, Trump, Bess Truman, Harry Truman, Truman, Jimmy, Rosalynn, Eleanor Rosalynn Smith, Allethea Murray Smith, Wilburn Edgar Smith, Rosalynn's, Norfolk , Virginia — Jimmy's, John William, James Earl III, Donnel Jeffrey, Amy Lynn —, , Jimmy's, Judy, Jack Carter, Jason James Carter, Jack, John William Carter, Annette, Jeff Carter, Jeff, Donnel Jeffrey Carter, Amy Lynn Carter, President Carter, Caron Griffin Carter, James Earl Carter IV, Chip, James Earl Carter III Organizations: U.S, RAND, First, Initiative, Washington, Getty, Washington Post, The Washington Post, Carter, White, NBC News, Democratic, Bettmann, Carter Center, Humanity, Georgia Southwestern College, U.S . Naval Academy, Habitat, Wireimage, Historical Association, Georgia, U.S . News Locations: New York City , New York, Washington, Georgia, Latin America, Israel, Ukraine, Colorado, Plains, Plains , Georgia, Benton Harbor, Benton Harbor , Michigan, United States, Norfolk , Virginia, Virginia, Hawaii, Connecticut, U.S
Stephen I. Vladeck Courtesy of University of Texas School of LawThat mantra was ringing in my head as I reviewed the code of conduct voluntarily adopted by the Supreme Court on Monday, the first such formal code to govern the justices. In adopting these rules, the Supreme Court didn’t address that issue at all. Congress controls when and where the court sits; until 1935, the court sat in the Capitol — a powerful reminder of which branch was beholden to which. But it’s the least-worst alternative to a problem that the Constitution necessarily creates: how to have an independent Supreme Court that is nevertheless at least loosely accountable to the political branches. Accountability and independence aren’t mutually exclusive — something the justices are tacitly conceding by agreeing for the first time to formally adopt a code of conduct.
Persons: Stephen I, Charles Alan Wright, Robert Jackson, Clarence Thomas, Samuel Alito, they’ll, , , John Marshall, it’s, I’ve, couldn’t, aren’t, ” isn’t, shouldn’t, Ronald Reagan Organizations: University of Texas School of Law, CNN, Supreme, Soviet, University of Texas School of, Judicial Conference, United, Congress, Capitol, Democratic, Republicans Locations: United States
JUNEAU, Alaska (AP) — Alaska Republican Lt. Gov. Nancy Dahlstrom is joining the race for the state's only U.S. House seat, which is currently held by Democratic Rep. Mary Peltola, . Dahlstrom, who announced her campaign Tuesday, joins Republican Nick Begich III in seeking to challenge Peltola next year. Peltola won a special election and a regular election last year for the seat, becoming the first Alaska Native to serve in Congress. The seat had been held for 49 years by Republican Don Young, who died in March 2022.
Persons: Nancy Dahlstrom, Mary Peltola, Dahlstrom, Nick Begich III, Peltola, Republican Don Young, Begich, Sarah Palin, Mike Dunleavy, Joe Biden Organizations: Alaska Republican, Gov, Democratic Rep, Republican, Voters, Republican Gov, Washington Locations: JUNEAU, Alaska
LONDON (AP) — At an age when many of his contemporaries have long since retired, King Charles III is not one to put his feet up. The king will mark his 75th birthday on Tuesday by busily highlighting causes close to his heart. With Queen Camilla at his side, Charles will visit a project that helps feed those in need by redistributing food that might otherwise go to landfills. As Prince of Wales, the future king founded a charity that helps young people get jobs and training. Although Diana’s fans initially bridled at the idea of Camilla ever becoming queen, by the time the invitations for the coronation went out Charles had made his wishes clear: “The Coronation of Their Majesties King Charles III and Queen Camilla.’’
Persons: King Charles III, Queen Camilla, Charles, Health Service’s, Queen Elizabeth II, He’s, , , Ed Owens, , Elizabeth, ’ ’ Owens, ” Charles ’, Prince of Wales, Prince William, William, Prince Harry, Meghan, Harry, ” Owens, “ They’ve, weathers, Charles ’, Princess Diana, Camilla Parker, Bowles, Camilla Organizations: Health, Kenyans, Hill House School, University of Cambridge, Royal Navy Locations: British, London, California
SummaryCompanies New nuclear submarine nearly ready for serviceRussia building more submarinesKremlin: relations with Washington 'below zero'MOSCOW, Nov 5 (Reuters) - Russia's new strategic nuclear submarine, the Imperator Alexander III, has successfully tested a Bulava intercontinental ballistic missile, the Russian defence ministry said on Sunday. The Imperator Alexander III is the seventh of the Russian Project 955 Borei (Arctic Wind) class nuclear submarines and the fourth of the modernised Borei-A variant, according to Russian sources. They are known in NATO as the Dolgoruky class of submarines, after the first boat - the Yuri Dolgoruky - became the first new generation of nuclear submarine launched by Russia since the Cold War. [1/2]Russia's new nuclear-powered submarine Imperator Alexander III test launches the Bulava ballistic missile, designed to carry nuclear warheads, from the White Sea, in this screengrab taken from a video released on November 5, 2023. Kremlin spokesman Dmitry Peskov said in an interview aired on Sunday that relations with the United States were below zero.
Persons: Imperator Alexander III, Alexander III, Yuri Dolgoruky, Vladimir Putin, Putin, Dmitry Peskov, Peskov, Dmitry Donskoy, Potemkin, Lidia Kelly, Guy Faulconbridge, William Mallard, David Goodman Organizations: Federation of American Scientists, Navy, Russian, Russian Defence Ministry, REUTERS Acquire, Soviet Union, Northern, Thomson Locations: Russia, Washington, MOSCOW, Russian, NATO, Soviet, Ukraine, United States, Pacific, Melbourne, Moscow
REUTERS/Jane Rosenberg Acquire Licensing RightsNEW YORK, Nov 2 (Reuters Breakingviews) - Just over a year ago, Sam Bankman-Fried might have been counting his large stash of virtual coins. A Manhattan jury on Thursday convicted the FTX founder of seven counts related to crimes he committed at the helm of the now-bankrupt cryptocurrency exchange. With some $8 billion in customer funds stolen, his misdeeds will go down as one of the biggest financial frauds on record. To be sure, the speculative bubble in crypto would probably have deflated even without Bankman-Fried. The bankrupt exchange is also negotiating with three bidders to help it relaunch trading services, Bloomberg reported last month.
Persons: Lewis Kaplan, Sam Bankman, Fried, Jane Rosenberg, FTX, John J, Ray III, Nicolas Roos, Peter Thal Larsen, Thomas Shum Organizations: REUTERS, Reuters, Galaxy Digital, Three, BlackRock, Bloomberg, Thomson Locations: New York City, U.S, Manhattan
NEW YORK, Nov 3 (Reuters) - Hedge fund JAT Capital urged the board of internet retailer Overstock.com (OSTK.O) to replace the company's chief executive officer, arguing that Jonathan E. Johnson III is to blame for poor financial performance. JAT, run by John Thaler, owns a 9.6% stake in Overstock.com, and is stepping up pressure, having called on the company in October to consider selling certain assets and to overhaul management compensation. "The current CEO needs to be removed immediately," JAT wrote to the board in a letter dated Nov. 2 and made public in a regulatory filing on Friday. Thaler, who wrote the letter just days before Overstock.com's analyst day on Monday, proposed that businessman and television personality Marcus Lemonis, who joined the Overstock.com board last month, should become CEO. Overstock's stock price climbed nearly 3% on Friday but has lost 23% in the last 52 weeks.
Persons: Jonathan E, Johnson, John Thaler, JAT, Thaler, Marcus Lemonis, Lemonis, Svea Herbst, Bayliss, Louise Heavens Organizations: Capital, Bed, Svea, Thomson Locations: Overstock.com
A North Korean military commentator said despite the failure of the test, the presence of South Korean "puppet military gangsters" showed that U.S. nuclear weapons were targeted at North Korea. The commentary also criticised the U.S. and South Korea for various recent military steps including the deployment of U.S. nuclear strategic bombers to South Korea. The U.S. and South Korea also held air exercises involving 130 warplanes from both countries to simulate 24-hour wartime operations last month. South Korea and the United States say their exercises are aimed at maintaining combat readiness to respond to North Korea. North Korea denounces the exercises as preparations by the United States and its South Korean ally to invade it.
Persons: Kim, Hyunsu Yim, Hyonhee Shin, Robert Birsel Organizations: Minuteman, Daylight, Vandenberg Air Force Base, REUTERS Acquire, Rights, U.S, U.S . Air Force, South, North, Democratic People's, DPRK, Korea's Unification Ministry, Thomson Locations: California, U.S, Rights SEOUL, North Korea, United States, Korean, Democratic People's Republic of Korea, South Korea, North, Korea, Japan
An unarmed U.S. Air Force Minuteman III intercontinental ballistic missile launches during an operational test May 3, 2017, at Vandenberg Air Force Base, Calif. The U.S. Air Force said on Wednesday it had blown up a Minuteman III missile over the Pacific Ocean after an anomaly was detected following its launch from Vandenberg Space Force Base in California. The Air Force did not elaborate but said it was forming a launch analysis group to investigate. The nuclear-capable Minuteman III, made by Boeing , is key to the U.S. military's strategic arsenal. About 400 of the missiles are located at Air Force bases in Wyoming, Montana and North Dakota.
Persons: Lauren Linscott Organizations: U.S . Air Force Minuteman III, Vandenberg Air Force Base, The U.S . Air Force, III, Vandenberg Space Force, The Air Force, Air Force Global, Command, Boeing, Air Force Locations: U.S, Calif, The, California, Wyoming , Montana, North Dakota
Turkey's central bank hikes key interest rate to 35%
  + stars: | 2023-10-26 | by ( Jenni Reid | ) www.cnbc.com   time to read: +1 min
Turkish Central Bank Governor Hafize Gaye Erkan answers questions during a news conference for the Inflation Report 2023-III in Ankara, Turkey on July 27, 2023. Turkey's central bank on Thursday hiked its key interest rate from 30% to 35%, in an ongoing bid to rein in inflation. The turnaround began in June, when Turkey's President Recep Tayyip Erdogan — who spearheaded the controversial policy stance — appointed former Wall Street banker Hafize Gaye Erkan as new central bank governor. The key interest rate has been hauled up from 8.5% since then, and economists argue it needs to go further. Inflation is forecast by the central bank to reach just over 60% by the end of 2023, while the Turkish lira has plummeted, making imports more expensive.
Persons: Turkish Central Bank Governor Hafize Gaye Erkan, Recep Tayyip Erdogan —, , Hafize Gaye Erkan Organizations: Turkish Central Bank Governor, Reuters, Wall Street Locations: Ankara, Turkey, Turkey's
Panera Bread founder Ron Shaich led a public company for more than two decades, but that doesn't mean he's a fan of initial public offerings or Wall Street. Ironically, Panera Bread is mulling an IPO, but Shaich, who is no longer involved with the chain, directs his advice toward founders. Even as Au Bon Pain bought St. Louis Bread Company, renamed it Panera Bread and then shed Au Bon Pain to focus on Panera's growth, Shaich's company was publicly traded. "The reality is for 90% of the CEOs that take a company public, they live to regret it," Shaich told CNBC. "Cava is a company that will succeed as a public company.
Persons: Ron Shaich, Shaich, Cookie, Bon Pain, Louis, Cava, Brett Schulman, Sweetgreen hasn't, Panera, Danny Meyer's Organizations: III Holdings, Louis Bread Company, CNBC, Wall Street Locations: Cava
The report from the Strategic Posture Commission comes amid tensions with China over Taiwan and other issues and worsening frictions with Russia over its invasion of Ukraine. A senior official involved in the report declined to say if the panel's intelligence briefings showed any Chinese and Russian nuclear weapons cooperation. The report contrasts with U.S. President Joe Biden's position that the current U.S. nuclear arsenal is sufficient to deter the combined forces of Russia and China. "The United States and its allies must be ready to deter and defeat both adversaries simultaneously," the Strategic Posture Commission said. It should also extend the operational lives of ballistic missile submarines and deploy more tactical nuclear weapons in Asia and Europe.
Persons: Ian Dudley, Madelyn, Jon Kyl, Joe Biden's, Jonathan Landay, Lisa Shumaker Organizations: Minuteman, Daylight, Vandenberg Air Force Base, . Air Force, REUTERS, Rights, Democratic, Republican, Thomson Locations: California, U.S, Handout, United States, Russia, China, Taiwan, Ukraine, Russian, Asia, Europe
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