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☆ Ukraine minister: GDP contraction of 39% expected in 2022 vs earlier forecast of 35%
▼ + stars: | 2022-11-09 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

WASHINGTON, Nov 9 (Reuters) - Ukrainian economy minister Yulia Svyrydenko said Russia’s destruction of civilian infrastructure in recent weeks was expected to result in a 39% contraction of gross domestic product in 2022, down from an earlier forecast of a 35% drop. Asked about recent comments from Republican leaders in Congress suggesting they would curtail U.S. aid to Ukraine, Svyrydenko said Ukraine's fight against Russia was an existential one, and that the entire world order would change if it lost. She said Ukraine is also seeking a yearlong extension of the suspension of U.S. steel tariffs to help Ukrainian steelmakers, which have been hit hard by Russian missile attacks. Svyrydenko said she discussed the issue with U.S. Trade Representative Katherine Tai during a meeting in Washington earlier on Wednesday. She also met on Tuesday with U.S. Commerce Secretary Gina Raimondo, who pledged continued strong support for Ukraine, including efforts by the U.S. government and private sector to help rebuild Ukraine's civilian infrastructure.

☆ Twitter staff react to Elon Musk's takeover: 'I am fully expecting him to fire 69% of us on Friday at 4:20 p.m.'
▼ + stars: | 2022-10-28 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Twitter employees have expressed fear about their jobs after Elon Musk sealed his takeover deal. Musk has reportedly sacked CEO Parag Agrawal and three other top Twitter executives. The billionaire, who's the world's richest person, has fired at least four top executives including CEO Parag Agrawal, Insider and others reported Thursday. It was during this hour-long coffee meeting with about 40 Twitter employees that Musk denied the 75% layoffs figure, according to Bloomberg. Other Twitter employees used the #OneTeam hashtag to express solidarity.

☆ Goldman's Solomon: Undoing 40 years of 'nationalized fixed income' disruptive
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: 1 min

DUBAI, Oct 25 (Reuters) - Goldman Sachs CEO David Solomon said on Tuesday the world "nationalized fixed income markets" for 40 years and is in the process of privatizing them again, which "is disruptive." "If we have a significant recession in the U.S. or elsewhere in the world, we will work through that," but it will take a variety of decisions and time to work through, he said, speaking on a panel at Saudi Arabia's flagship investment conference FII. Register now for FREE unlimited access to Reuters.com RegisterReporting by Yousef SabaOur Standards: The Thomson Reuters Trust Principles.

☆ Lawsuit says woman gave birth alone on Maryland jail floor
▼ + stars: | 2022-09-28 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

A woman who said she was left to give birth to her baby alone on the dirty, concrete floor of her jail cell in Maryland filed a federal lawsuit Tuesday alleging that jail nurses ignored her screams and pleas for help for six hours. A fellow inmate, hearing Valentine’s pleas, called Valentine’s boyfriend, who called the jail pleading with staffers to help her, the lawsuit said. The nurses also ignored a concern raised by a jail deputy about Valentine but he did not contact any superiors, the lawsuit said. The lawsuit is similar to one filed in 2019 by a woman who gave birth alone in Denver’s jail the year before, claiming that nurses and deputies ignored her pleas for help for five hours. Previously, decisions about whether to move a pregnant inmate were left to jail nurses but deputies were authorized to call for an ambulance for someone in labor.

A man runs past banners with photos of presidential candidates, Brazil’s President Jair Bolsonaro, Ciro Gomes and former president Luiz Inacio Lula da Silva, in Rio de Janeiro, Brazil September 1, 2022. Faced with that and the likely return of a left-wing government in next month's election, some investors have moved to the sidelines. Despite this year's chaotic news flow, Petrobras has so far vindicated the bulls in the local market. "Petrobras shares are really cheap," said one Sao Paulo fund manager with about 20 billion reais ($3.9 billion) under management. Like many interviewed for this article, he requested anonymity to talk frankly about the state firm amid a heated election.

☆ Venezuelan migrants — like those dropped in Martha's Vineyard by Ron DeSantis — are fleeing a government that has engaged in 'crimes against humanity,' UN says
▼ + stars: | 2022-09-20 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +4 min

The Venezuelan government is responsible for "crimes against humanity," per a United Nations report. "[G]rave crimes and human rights violations are being committed," the UN's Marta Valiñas said. Sign up for our newsletter to receive our top stories based on your reading preferences — delivered daily to your inbox. Ron DeSantis — are fleeing a government that has engaged in "crimes against humanity," including the use of torture and sexual violence to repress dissent, according to a United Nations report released Tuesday. "In doing so, grave crimes and human rights violations are being committed, including acts of torture and sexual violence."

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