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Here are some key findings from an Associated Press investigation into Rocha's alleged betrayal and the missed red flags that could have helped him avoid scrutiny for decades. Rodríguez told AP he believed at the time he received from the Cuban defector in 2006 was an attempt to discredit a fellow anti-communist crusader. It wasn’t just Rodríguez’s tipster — whom he refused to identify to the AP but says was recently interviewed by the FBI. Officials told the AP that as early 1987, the CIA was aware Castro had a “super mole” burrowed deep inside the U.S. government. The FBI and CIA declined to comment, and the State Department didn’t respond to requests.

Persons: Manuel Rocha, Félix Rodríguez, Rocha, “, ” Rodríguez, MANUEL ROCHA, ”, Fidel Castro’s, Fidel Castro, “ El, Liliana Ayalde, Castro, Evo Morales, Ayalde, retracing, “ Che ” Guevara, Rodríguez, tipster, Peter Romero Organizations: MIAMI, Ivy League, CIA, Cuban, Miami, FBI, State Department, Associated Press, WHO, Yale, of Intelligence, Authorities, The Taft School, Prosecutors, U.S, AP, Officials, . Locations: America, Cuban, Cuba, Chile, Colombia, New York City, Connecticut, Bolivia, U.S, Paraguay, Brazil, Latin America, Investigative@ap.org

☆ Was Carmen in Netflix's 'Griselda' a real person? The character seems to be based on several real women in the drug lord's life
▼ + stars: | 2024-02-14 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +4 min

Netflix's "Griselda" adapts the life of drug lord Griselda Blanco. Carmen's storyline bears similarities to several real women in Blanco's life. Miami PD analyst June Hawkins was another character in the show, and the real Hawkins also consulted. One character in the show, Carmen Gutiérrez (Vanessa Ferlito), appears to be based on several women in Blanco's life who turned on her at some point. Here's everything you need to know about how her character actually corresponds to real life.

Persons: Griselda, Griselda Blanco, Carmen Gutiérrez didn't, —, Blanco, Sofia Vergara, Hawkins, Jorge, Rivi, Ayala, Carmen Gutiérrez, Vanessa Ferlito, Elizabeth Morris, Carmen, " Blanco, doesn't, Blanco's, Dario, she'll, Carmen Gutiérrez wasn't, Gloria Cabán, Maria Gutiérrez, Martin Rodriguez, Netflix Carmen Cabán, Per, Cabán, Elaine Carey, Gloria, Alberto Bravo's, Carey, Carmen —, Amparo, Gilman Atehortua — Organizations: Service, Miami, Netflix, United Nations Office, Drugs, Drug, Blanco, Bravo, Drug Enforcement Agency, DEA, Independent Locations: Miami, Colombia, United States, Blanco, New York City, New York, NYC

☆ AI researcher Joy Buolamwini cautions that if AI systems fail people of color, they fail humanity
▼ + stars: | 2024-02-08 | by ( Monica Melton | ) www.businessinsider.com time to read: +17 min

We’re growing some teeth as to what can be done with AI, but we also see where there’s progress, there’s attack. One of the things I like to point out with AI systems is that if your AI systems fail on people of color, you don’t have a robust system. If your AI doesn’t work on the global majority, if your AI doesn’t work for women, if your AI doesn’t work for people with disabilities, once you start expanding all of the areas we’re talking about, it comes to your AI doesn’t work for humanity. To me, that’s a proactive approach of saying, how do we build consumer AI technology in a way that’s more ethical? I was talking to Sam Altman about the climate impact of AI, especially these large language models and generative AI systems.

Persons: Joe Biden, Joy Buolamwini, Buolamwini, It’s, ”, we’ve, it’s, I’ve, there’s, We’ve, you’re, aren’t, Simone Biles, Biden, Sam Altman, Olay, we’re, There’s, We’re, that’s Organizations: Service, League, Business, Federal Trade Commission, Procter, Gamble, Big Tech Locations: Davos

☆ Spiders spin webs to catch prey. They’re also trapping a wealth of DNA
▼ + stars: | 2024-02-05 | by ( Katie Hunt | ) edition.cnn.com time to read: +5 min

They’re also trapping a wealth of DNA from the surrounding environment, a hidden resource that Australian scientists said could be used to track endangered animals and monitor ecosystems. From airborne DNA collected by the spiderwebs, the researchers were able to detect animals of varying behavior and lifestyle. Creatures great and smallAt Perth Zoo, species that were detected spanned in size from the pygmy marmoset to the Asian elephant. The different types of spiderweb collected may also affect the types and quantity of DNA collected, the study noted. By contrast, the majority of webs collected at Perth Zoo were from the Desidae and Theridiidae families, both with tangled, irregular web arrangements.

Persons: Joshua Newton, ” Newton, Austracantha, Newton, “, Princess Fiona, That’s, ”, eDNA, Joshua Newton Elizabeth Clare, wasn’t, Organizations: CNN —, Perth Zoo, Curtin University’s School, Molecular, Sciences, Copenhagen Zoo, Hamerton, York University Locations: Western, Perth, Denmark, United Kingdom, Australian, Ontario, Canada

Universal Music Group, which represents artists including Taylor Swift, Drake, Adele, Bad Bunny and Billie Eilish, says that it will no longer allow its music on TikTok now that a licensing deal between the two parties has expired. The licensing agreement between UMG and TikTok is expired as of Wednesday. Political Cartoons View All 253 Images“Ultimately TikTok is trying to build a music-based business, without paying fair value for the music,” UMG said. “Clearly, Universal’s self-serving actions are not in the best interests of artists, songwriters and fans,” TikTok said. Yet Universal Music also called new technology a potential threat to artists and said that TikTok is developing tools to enable, promote and encourage AI music creation.

Persons: Taylor Swift, Drake, Adele, Bad Bunny, Billie Eilish, UMG, ” UMG, TikTok, ” TikTok, ” Organizations: Universal Music Group, ByteDance, Universal Locations: UMG

☆ Biden’s Options Range From Unsatisfying to Risky After American Deaths
▼ + stars: | 2024-01-29 | by ( David E. Sanger | ) www.nytimes.com time to read: +1 min

But the options range from the unsatisfying to the highly risky. Mr. Biden could order strikes on the proxy forces, a major escalation of the whack-a-mole attacks it has conducted in recent weeks in Syria, Iraq and Yemen. So far, those attacks have put a dent into the abilities of the Iranian-backed groups that have mounted more than 160 attacks. His first targets could well be members of the Islamic Revolutionary Guard Corps, many of whom are based in Syria and Iraq. In short, it would force Mr. Biden to do everything he has been trying so far to avoid.

Persons: Biden, Mr, Qassim Suleimani Organizations: Sunday, Islamic Revolutionary Guard Corps, Quds Force Locations: Jordan, Tehran, Syria, Iraq, Yemen, United States, Iran

☆ Scientists Thought This Iridescent Mole Was Gone for Nearly a Century
▼ + stars: | 2024-01-25 | by ( Lilian Manansala | ) www.businessinsider.com time to read: 1 min

The blind De Winton's golden mole, thought to be lost for nearly a century, was found in South Africa using eDNA, a technique that examines DNA left in the environment. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?

Persons: eDNA Organizations: Business Locations: South Africa

☆ Sarah Ferguson, Duchess of York, diagnosed with skin cancer
▼ + stars: | 2024-01-22 | by ( Jonny Hallam | ) edition.cnn.com time to read: +2 min

CNN —Sarah Ferguson, Duchess of York, has been diagnosed with malignant melanoma, an aggressive form of skin cancer, the UK Press Association (PA) reported Sunday citing a spokesperson for Ferguson. The disease was discovered after several moles were removed when she was treated for breast cancer in June, PA said. “Following her diagnosis with an early form of breast cancer this summer, Sarah, Duchess of York has now been diagnosed with malignant melanoma,” a spokesperson for Ferguson said. “Clearly, another diagnosis so soon after treatment for breast cancer has been distressing” for the Duchess, the spokesperson added. Melanoma is a form of skin cancer that develops in the cells that give skin its color, or melanin.

Persons: Sarah Ferguson, Duchess, Ferguson, “, Sarah, ”, ” Ferguson Organizations: CNN, UK Press Association Locations: York

☆ FDA finds new manufacturing lapses at Eli Lilly plant
▼ + stars: | 2024-01-19 | by ( ) www.cnbc.com time to read: +4 min

An Eli Lilly and Company pharmaceutical manufacturing plant is pictured in Branchburg, New Jersey, March 5, 2021. U.S. inspectors recently uncovered new manufacturing problems at an Eli Lilly plant that has been under scrutiny by federal investigators, according to government records obtained by Reuters. They included problems in tracking manufacturing process and quality controls, as well as lapses in its calibration of equipment and failure to properly maintain facilities and equipment, the inspection report shows. Yet the Indianapolis-based drugmaker has been cited multiple times for manufacturing problems at its U.S. plants over the last few years, Reuters has reported. Three regulatory experts who reviewed the new inspection report described the most recent lapses as serious.

Persons: Eli Lilly, Lilly, Steven Lynn, Lynn Organizations: Company, U.S, Reuters, The, The U.S . Food, Drug, FDA, U.S . Department of Justice, Justice Department, Manufacturing Locations: Branchburg , New Jersey, The U.S, Lilly's, , New Jersey, U.S, Indianapolis

☆ De Winton’s golden mole rediscovered after nearly 100 years
▼ + stars: | 2023-12-01 | by ( Nell Lewis | ) edition.cnn.com time to read: +5 min

CNN —A blind golden mole that glides through sand has been rediscovered in South Africa, 87 years after wildlife experts feared it had gone extinct. A beach in the northwest of South Africa where De Winton's golden moles are living. The challenge was pinpointing if De Winton’s golden mole was one of them. Common species, such as Cape golden mole and Grant’s golden mole were easily identifiable, but since there was only one De Winton’s golden mole reference DNA available, the team could not confidently identify it. De Winton’s golden mole is the 11th of its “most-wanted lost species” rediscovered since the program launched in 2017.

Persons: CNN —, JP Le Roux, eDNA, De, ”, Samantha Mynhardt, Jessie –, Nicky Souness, Cobus Theron, Christina Biggs, “, Theron Organizations: CNN, Wildlife Trust, University of Pretoria, Stellenbosch University, EWT Locations: South Africa, Port Nolloth, Cape

☆ Hey Elon – what's up with all the scammy ads for Louis Vuitton bags on X?
▼ + stars: | 2023-12-01 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Some X users say they're seeing lots of ads for likely fake Louis Vuitton handbags on the platform. After Elon Musk told major advertisers to "go fuck yourself" and "don't advertise" at The New York Times' DealBook summit Wednesday, some X users saying they're seeing lots of ads for Louis Vuitton bags that are probably fakes. "X prohibits the sale of or promoting the sale of counterfeit goods on the platform," according to its counterfeit policy . "Twitter had resorted to letting people place ads for their fake Louis Vuitton bags. According to a X business blog post , Louis Vuitton ran an ad campaign for its collaboration with Japanese artist Yayoi Kusama in January, but it's unclear if it's an ad partner or big spender.

Persons: Louis Vuitton, Elon, —, Elon Musk, hasn't, It's, Taylor Fisher, Linda Yaccarino, Monique Pintarelli Organizations: Service, The New York Times, Louis, Twitter, Business, X, ust Locations: Americas

CAPE TOWN, South Africa (AP) — Researchers in South Africa say they have rediscovered a species of mole with an iridescent golden coat and the ability to almost “swim” through sand dunes after it hadn't been seen for more than 80 years and was thought to be extinct. The De Winton's golden mole -- a small, blind burrower with “super-hearing powers” that eats insects -- was found to be still alive on a beach in Port Nolloth on the west coast of South Africa by a team of researchers from the Endangered Wildlife Trust and the University of Pretoria. With the help of a sniffer dog, the team found traces of tunnels and discovered a golden mole in 2021. But because there are 21 species of golden moles and some look very similar, the team needed more to be certain that it was a De Winton's. Golden moles are native to sub-Saharan Africa and the De Winton's had only ever been found in the Port Nolloth area.

Persons: hadn't, “, Samantha Mynhardt, ‘ you’re, Winton's, Mynhardt, ”, Esther Matthew Organizations: —, Wildlife Trust, University of Pretoria, Associated Press, ___ AP Locations: CAPE, South Africa, Port Nolloth, African, Saharan Africa, Guatemala, Djibouti, ___, africa

☆ Social media algorithm problems 'like a game of whack-a-mole, it never goes away': Beacon CEO
▼ + stars: | 2023-11-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSocial media algorithm problems 'like a game of whack-a-mole, it never goes away': Beacon CEOHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Brian Sullivan, “ Organizations: Beacon, CNBC

☆ An appeals court lifted Trump's gag order, clearing the way for him to insult the judge's staff again
▼ + stars: | 2023-11-16 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

An appellate judge in New York temporarily lifted Trump's limited gag order in his NY fraud trial. The gag had barred Trump and his lawyers from spoken or written attacks on the judge's law staff. AdvertisementOn November 3, Engoron extended the gag order to include Trump's lawyers after Trump's lawyers made what the judge called "on the record, repeated, inappropriate remarks" about the same clerk. Trump and his lawyers are now free to make written and spoken criticisms of the judge's staff members pending the full appellate decision. Trump's lawyers must respond by November 27, after which a full panel of the New York Appellate Division's First Department will decide if the gag stays or goes permanently.

Persons: Trump, —, Donald Trump, Arthur Engoron, Alina Habba, overreach, Habba, Chuck Schumer, Engoron, Christopher Kise, David Friedman, Friedman, Lisa Evans Organizations: Service, Trump, New, Appellate, Department Locations: New York

☆ Argentina's presidential candidates face $12 bln energy subsidy conundrum
▼ + stars: | 2023-11-15 | by ( Eliana Raszewski | ) www.reuters.com time to read: +5 min

Milei has said he will cut all subsidies, but admitted it would have to be done slowly. He admitted hiking energy bills was tough medicine in a society already hurting, but argued it needed to be done. "If you increase energy prices today, there is an inflationary peak and it's over. Conservative leader Mauricio Macri (2015-19) cut energy subsidies back. "I don't think Milei will eliminate all subsidies," she said, adding she would likely vote for him for a "change".

Persons: Marcos Brindicci, Sergio Massa, Javier Milei, Milei, Massa, Emilio Apud, Daniel Dreizzen, Peronist Massa, Mauricio Macri, Vaca Muerta, Aleph's, Raquel Ramírez, Eliana Raszewski, Adam Jourdan, Marguerita Choy Organizations: REUTERS, International Monetary Fund, Aleph Energy, Reuters Graphics, Peronist, IMF, Conservative, Reuters, Massa, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, China, America

How do you sift through Mexico City’s roughly 57,000 places to eat — more than twice as many as there are in New York City — and choose the most essential dishes? “In a city like Mexico City, how do you narrow it down? Or weirdly French,” says Valdivia Nakatani) and appeared designed to appeal to the recent stampede of expats. Nostalgia came up a lot in our conversation, but that’s not to say that innovation was overlooked entirely. Consider it an inspiration to make your own, and you’ll see just how absurd and deeply gratifying an exercise it can be.

Persons: ”, Gabriela Cámara, Cámara, I’d, Ana Dolores, Anais Martinez, Alonso Ruvalcaba, México ”, Carla Valdivia Nakatani, whittle, Cámara’s Contramar, that’s, Deborah Dunn Organizations: Mexico City Locations: Mexico, New York City, Mexico City, Condesa, Narvarte, Manhattan, Roma, Paris, New York, Jenni’s, Al, Andalus, Valdivia

☆ Is that $35 Apple Watch real? How misleading TikTok influencer videos could be the next big headache in e-commerce
▼ + stars: | 2023-11-13 | by ( Dan Whateley | ) www.businessinsider.com time to read: +8 min

Tyler linked his post to a $34.88 smartwatch available on TikTok Shop from a merchant called MoonMates, which did not represent the item as Apple-made. Because the video featured a TikTok Shop tag, Tyler was likely eligible for a commission on any watch sales his video generated. Others may do it unintentionally because they're not entirely sure whether a steeply discounted TikTok Shop product is authentic. If false video reviews proliferate across TikTok Shop, it could pose an existential risk for the nascent e-commerce platform. TikTok user Vincent Patritto went viral in September after promoting a pair of Crocs that were available on TikTok Shop.

Persons: Austin Tyler, Tyler, TikTok, they're, Brett Hollenbeck, Hollenbeck, it's, Vincent Patritto, they've, Patritto, Lululemon Athletica, Influencers, aren't Organizations: Apple, Apple Watch, Shop, UCLA's Anderson School of Management, New, Prime, YouTube, Expedia, UCLA

☆ Scientists took the first-ever photos of an adorable echidna, named after David Attenborough, that hasn't been seen for over 60 years
▼ + stars: | 2023-11-10 | by ( Sonam Sheth | Maiya Focht | ) www.businessinsider.com time to read: +4 min

Scientists captured images of an elusive echidna named after David Attenborough for the first time in over 60 years. Attenborough's long-beaked echidna was last recorded in 1961. Attenborough's long-beaked echidna was last recorded in 1961, according to a news release from the University of Oxford. AdvertisementAdvertisementThe echidna — also known as Sir David's long-beaked echidna or the Cyclops long-beaked echidna — inhabits New Guinea and lives in the Cyclops Mountains in Indonesia. Part of the reason may be because the tropical forests surrounding the Cyclops Mountains are under threat from logging and mining, per the Times.

Persons: David Attenborough, —, Sir David Attenborough, James Kempton, Sir David's, Kempton, hadn't, Iain Kobak Organizations: Service, University of Oxford, New York Times, Expedition, IUCN, Times Locations: British, New Guinea, Indonesia

LONDON, Nov 10 (Reuters) - Scientists have rediscovered a long-lost species of mammal described as having the spines of a hedgehog, the snout of an anteater and the feet of a mole, in Indonesia's Cyclops Mountains more than 60 years after it was last recorded. The species has only been scientifically recorded once before, by a Dutch botanist in 1961. A different echidna species is found throughout Australia and lowland New Guinea. Kempton's team survived an earthquake, malaria and even a leech attached to an eyeball during their trip. They worked with the local village Yongsu Sapari to navigate and explore the remote terrain of northeastern Papua.

Persons: David Attenborough, James Kempton, Kempton, Kempton's, Yongsu, William James, Alex Richardson Organizations: Oxford University, Thomson Locations: British, Dutch, Australia, New Guinea, Papua

Propaganda videos recently released by Hamas and analyzed by CNN demonstrate how complicated and elaborate the fighting has quickly become. Here’s what we know about the battle for Gaza City. On Monday, an IDF spokesperson told CNN that the Israeli military was moving toward Gaza City, which he said the Israeli military had encircled since reaching Gaza’s coast on Sunday. “(They) first want to isolate Gaza City from the north and the south and concentrate your forces. Smoke rises following an Israeli airstrike in Gaza City on Thursday.

Persons: CNN —, Israel, Yoav Gallant, Gallant, “, ” Gallant, Danny Orbach, ” Orbach, Beit, Ali Jadallah, Mark Hertling, Miri Eisin, –, ” Eisin, Hertling, It’s, ”, Hani Bakhit, Mohammed Salem, ” Volker Türk, ” Israel Organizations: CNN, Hamas, Palestinian Ministry of Health, Israel Defense Forces, Global, Israel’s, IDF, Hebrew University, Getty, UN, United Nations, Human Rights, Human Rights Watch Locations: Gaza, Ramallah, Gaza City, ”, Gaza’s, Beit Hanoun, Jerusalem, Shati, Atatra, Anadolu, Miri, Wadi Gaza, Israel

☆ Attenborough’s long-beaked echidna: Long-lost mammal rediscovered in Indonesia
▼ + stars: | 2023-11-09 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

CNN —Scientists have rediscovered a long-lost species of mammal described as having the spines of a hedgehog, the snout of an anteater and the feet of a mole, in Indonesia’s Cyclops Mountains more than 60 years after it was last recorded. Attenborough’s long-beaked echidna, named after British naturalist David Attenborough, was photographed for the first time by a trail camera on the last day of a four-week expedition led by Oxford University scientists. A different echidna species is found throughout Australia and lowland New Guinea. Kempton’s team survived an earthquake, malaria and even a leech attached to an eyeball during their trip. They worked with the local village Yongsu Sapari to navigate and explore the remote terrain of northeastern Papua.

Persons: David Attenborough, James Kempton, ”, “, ‘, ” Kempton, Kempton’s, Yongsu Organizations: CNN —, Oxford University Locations: British, Dutch, Australia, New Guinea, Papua

Prescriptions for ketamine have soared in recent years, driven by for-profit clinics and telehealth services offering the medication as a treatment for pain, depression, anxiety and other conditions. With its recent adoption for pain, patients are increasingly encountering those same effects. Ketamine targets a brain chemical messenger called glutamate, which is thought to play a role in both pain and depression. “We want patients to disassociate or feel separate from their pain, depression or anxiety,” said Dr. David Mahjoubi, owner of Ketamine Healing Clinic in Los Angeles. But the experts found “weak or no evidence” for ketamine in many more conditions, including back pain, migraines, fibromyalgia and cancer pain.

Persons: “, ”, Padma Gulur, Gulur, Daniel Bass, Bass, ” Bass, David Mahjoubi, they’re, Eric Schwenk, Thomas, “ There’s, Johnson, Samuel Wilkinson, Caleb Alexander, Matthew Perrone Organizations: WASHINGTON, Duke University, Duke, Food and Drug Administration, FDA, Thomas Jefferson University, Epic Research, Johnson, Drug Enforcement, Yale University, Johns Hopkins University, Twitter, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: As, U.S, Southgate , Kentucky, Los Angeles, anesthesiology, Massachusetts

Many civil society leaders told CNBC the order does not go far enough to recognize and address real-world harms that stem from AI models — especially those affecting marginalized communities. "One of the thrusts of the executive order is definitely that 'AI can improve governmental administration, make our lives better and we don't want to stand in way of innovation,'" Venzke told CNBC. Mitchell wished she had seen "foresight" approaches highlighted in the executive order, such as disaggregated evaluation approaches, which can analyze a model as data is scaled up. Even experts who praised the executive order's scope believe the work will be incomplete without action from Congress. For example, it seeks to work within existing immigration law to make it easier to retain high-skilled AI workers in the U.S.

Persons: Kamala Harris applauds, Joe Biden, Maya Wiley, Biden, Kamala Harris, Cody Venzke, Venzke, Margaret Mitchell, Mitchell, Joy Buolamwini, Divyansh Kaushik, Kaushik Organizations: White, Conference, Civil, Human, CNBC, American Civil Liberties Union, ACLU, League, Federation of American Locations: Washington ,, Washington , DC, New York, U.S

Mr. Johnson, the Louisiana Republican who has personally voted against sending military aid to Kyiv, released a $14 billion aid bill for Israel on Monday. But Mr. Johnson spurned that request, in an acknowledgment of how toxic funding for Ukraine has become among Republicans. agents,” Mr. Johnson said. “Instead of advancing a serious proposal to defend Israel, defend Ukraine and provide humanitarian aid, this House G.O.P. My guess is you can get Ukraine aid passed, probably as a stand-alone bill here.

Persons: Mike Johnson’s, Biden, Johnson, Biden’s, Fox News’s, ” Mr, Chuck Schumer, Mr, Kevin McCarthy, Thomas Massie of, Marjorie Taylor Greene, “, ’, Ms, Greene, —, Steven Ellis, MacGuineas, Mitch McConnell of, ”, Schumer, McConnell, Oksana Markarova, I’ve, Johnson’s, Susan Collins of, “ I’m, Josh Hawley, Let’s, Hawley, McConnell “, let’s, Patty Murray, Antony J, Blinken, ” Zach Montague Organizations: Senate, Louisiana Republican, Internal Revenue Service, Israel, Fox, Democratic, Republicans, United, Taxpayers, Federal Budget, Biden, Republican, University of Louisville, Ukraine, Mr Locations: Israel, Ukraine, Louisiana, Kyiv, Taiwan, United States, New York, Marjorie Taylor Greene of Georgia, Mitch McConnell of Kentucky, America, Kentucky, Ukrainian, Susan Collins of Maine, Gaza, Josh Hawley of Missouri, Washington, Russia, Iran

☆ Jamie Dimon rips central banks for being ‘100% dead wrong’ on economic forecasts
▼ + stars: | 2023-10-24 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

JPMorgan Chase CEO Jamie Dimon on Tuesday warned about the dangers of locking in an outlook about the economy, particularly considering the poor recent track record of central banks like the Federal Reserve. "I want to point out the central banks 18 months ago were 100% dead wrong," he added. Dimon criticized "this omnipotent feeling that central banks and governments can manage through all this stuff. In other recent warnings, Dimon warned of a potential scenario in which the fed funds rate could eclipse 7%. "Whether the whole curve goes up 100 basis points, I would be prepared for it," he added.

Persons: Jamie Dimon, I've, Dimon Organizations: JPMorgan, Federal Reserve, Future Investment Locations: U.S, Riyadh, Saudi Arabia

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