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☆ What Happens When Wall Street Buys Most of the Homes on Your Block?
▼ + stars: | 2023-09-16 | by ( Ronda Kaysen | Ella Koeze | ) www.nytimes.com time to read: +21 min

Alvin and Patricia Maisonet bought their house in Bradfield Farms almost a decade ago. Bradfield Farms fit the bill: It is in an area that, in 2020, was 35 percent Black and 11 percent Latino, according to census data. Tarchia Barber chose to rent in Bradfield Farms because of the neighborhood’s rural feel. The RentersTarchia Barber liked the rural feel of Bradfield Farms, with cul-de-sacs and shady streets surrounded by farmland and woods. A school bus drops off students in Bradfield Farms, a quiet neighborhood where parents say their children often roam freely.

Persons: Ronda Kaysen, Ella Koeze, Logan Cyrus Sept, “, Alvin Maisonet, Maisonet, Patricia Maisonet, Joggers, ”, Alvin, Kelli Enos, Cash, can’t, Laurie Goodman, “ Covid, David Howard, Keith R, Madeline Bankson, They’re, Jessica Moreno, Tarchia Barber, Barber, He’d, Nikki Sloup, Sloup, Becky Johnson, didn’t, Johnson, Jesus ”, Greg McBride, Hall, Brandon Little, Keller Williams, Bradfield, “ We’ve, Jade Rahmani, Keefe, “ It’s, ” Mr, Rahmani, Enos, ” Dana Hartness, James M, Hasty, Ms, Lisa Damas, Kasey, Jim Sylvester, Sylvester, Hartness, —, — she’s, Dana Hartness, She’s Organizations: →, HomeRiver, Investor, Vegas, Kansas City, Antonio, Houston, Investors, New York Times, Homeowners, “, Bradfield Farms, Charlotte Airport, NORTH, NORTH CAROLINA, SOUTH, CAROLINA SOUTH, Bradfield, Housing Finance, Center, Urban Institute, National Rental Home, Rentals, Florida State University, Equity, Bankrate.com, Sheree, Nationwide, Facebook, Mecklenburg Police Locations: Ronda, Charlotte, N.C, Bradfield Farms, Bradfield, Paterson , N.J, United States, ATTOM, Atlanta, Phoenix, Memphis, Birmingham, Ala, Orlando, Fla, Jacksonville, Tampa, Kansas, Mo, NORTH CAROLINA, CAROLINA SOUTH CAROLINA, “, American, North Carolina, New Jersey, Peru

☆ Japan launches X-ray satellite, ‘Moon Sniper’ lunar lander
▼ + stars: | 2023-09-06 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

CNN —A revolutionary satellite that will reveal celestial objects in a new light and the “Moon Sniper” lunar lander lifted off Wednesday night. The XRISM satellite (pronounced “crism”), also called the X-Ray Imaging and Spectroscopy Mission, is a joint mission between JAXA and NASA, along with participation from the European Space Agency and Canadian Space Agency. NASA Goddard Space Flight CenterAlong for the ride is JAXA’s SLIM, or Smart Lander for Investigating Moon. Previously, Japanese company Ispace’s Hakuto-R lunar lander fell 3 miles (4.8 kilometers) before crashing into the moon during a landing attempt in April. If SLIM is successful, JAXA contends, it will transform missions from “landing where we can to landing where we want.”

Persons: Ray, SLIM, Smart Lander, ”, Richard Kelley, James Webb, XRISM, Taylor Mickal, ” Kelley, “, Xtend, Brian Williams, NASA’s, Goddard, Ispace’s Organizations: CNN, Japanese Space Agency, YouTube, Ray Imaging, JAXA, NASA, European Space Agency, Canadian Space Agency, NASA Goddard Space Flight, Goddard Space Flight, Space Center, Soviet Locations: Japan, Greenbelt , Maryland, XRISM, United States, Soviet Union, China, India

☆ Datça: The beautiful Turkish peninsula forgotten by time
▼ + stars: | 2023-09-01 | by ( Feride Yalav-Heckeroth | ) edition.cnn.com time to read: +9 min

CNN —With untouched and natural rugged scenery, forested with pristine bays on both sides, the Datça peninsula feels a world away from the touristy towns of this popular corner of the Med. Strict laws about construction have protected Datça from large-scale tourism projects, leaving its eponymous small port town, located around midway on the peninsula, rooted in the past. Where to stayThe Palaia Hotel, a modern take on traditional Datça architecture and culture. Ayhan Altun/Moment RF/Getty ImagesIn downtown Datça, shops such as Pehlivan and Datça Köy Ürünleri sell local almonds in every form imaginable. “Datça is a peninsula, but it’s more like an island, we’re very isolated and have our own way of life,” says Boylu.

Persons: Furkan Uyan, “ I’ve, ”, Ismet Tekinalp, Almond, Kurabeyicisi, Kaya Balları, badem, Datça, Hestia, Hestia Mey, Yücel, Ali Somer, Ayça Boylu, Axel Korf, “, Feride, Conde Nast Organizations: CNN, ”, Getty, Kaya, Usta, Winery, Culture, Art Academy Locations: Turkey, Marmaris, Knidos, Caria, downtown, Turkish, “, Datça, Cumalı, Yaka, Knidia, Değirmenbükü, Istanbul, Lake Constance, Kinfolk

CNN —Dozens of people were killed in the eastern Democratic Republic of Congo this week during demonstrations against the United Nations’ mission in the country. At least 43 people were killed and a further 53 were injured during the clashes with local authorities. Over 150 people were arrested, including the leader of the group which organized the protests, the government said. UN High Commissioner for Human Rights Volker Türk on Friday called for DRC authorities to ensure that “future law enforcement actions in the context of the policing of public assemblies fully adhere to international human rights norms and standards.”Anti-UN protests in the DRC broke out in July and have since escalated. The UN has a longstanding and significant footprint in the country, which has been the object of local demonstrations for years.

Persons: “, ”, MONUSCO, ’, ” Ravina Shamdasani, ” Shamdasani, Volker Türk Organizations: CNN, Democratic, United Nations, Protesters, Wednesday, East African Community, UN, Human Rights, Human Locations: Democratic Republic of Congo, Goma, ”, Congolese, ’ Goma, DRC

☆ Japan’s X-ray satellite, ‘Moon Sniper’ lunar lander are ready to launch
▼ + stars: | 2023-08-27 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

CNN —A revolutionary satellite that will reveal celestial objects in a new light and the “Moon Sniper” lunar lander are expected to lift off Sunday night. The XRISM satellite (pronounced “crism”), also called the X-Ray Imaging and Spectroscopy Mission, is a joint mission between JAXA and NASA, along with participation from the European Space Agency and Canadian Space Agency. Along for the ride is JAXA’s SLIM, or Smart Lander for Investigating Moon. Previously, Japanese company Ispace’s Hakuto-R lunar lander fell 3 miles (4.8 kilometers) before crashing into the moon during a landing attempt in April. If SLIM is successful, JAXA contends, it will transform missions from “landing where we can to landing where we want.”

Persons: Ray, SLIM, Smart Lander, ”, Richard Kelley, James Webb, XRISM, Taylor Mickal, ” Kelley, “, Xtend, Brian Williams, NASA’s, Goddard, Ispace’s Organizations: CNN, Japan Aerospace Exploration Agency, YouTube, Ray Imaging, JAXA, NASA, European Space Agency, Canadian Space Agency, Goddard Space Flight, NASA Goddard Space Flight, Space Center, Soviet Locations: Japan, Greenbelt , Maryland, United States, Soviet Union, China, India

☆ Japan prepares to launch X-ray satellite, ‘Moon Sniper’ lunar lander
▼ + stars: | 2023-08-25 | by ( Ashley Strickland | ) edition.cnn.com time to read: +4 min

CNN —A revolutionary satellite that will reveal celestial objects in a new light and the “Moon Sniper” lunar lander are preparing for launch. The Japan Aerospace Exploration Agency, or JAXA, is expected to launch its XRISM mission, pronounced “crism,” from Japan on Sunday evening. Along for the ride is JAXA’s SLIM, or Smart Lander for Investigating Moon. Moon Sniper sets its sights on a craterMeanwhile, SLIM will use its own propulsion system to head toward the moon. Previously, Japanese company Ispace’s Hakuto-R lunar lander fell 3 miles (4.8 kilometers) before crashing into the moon during a landing attempt in April.

Persons: Ray, SLIM, Smart Lander, ”, Richard Kelley, James Webb, Taylor Mickal, XRISM, Ispace’s Organizations: CNN, Japan Aerospace Exploration Agency, JAXA, Ray Imaging, NASA, European Space Agency, Canadian Space Agency, YouTube, Goddard Space Flight, Center, Soviet Locations: ”, Japan, Greenbelt , Maryland, United States, Soviet Union, China, India

CNN —Indian Prime Minister Narendra Modi and Chinese leader Xi Jinping agreed to “intensity efforts” to deescalate tensions at their contested border, in a rare face-to-face meeting since a deadly clash strained relations more than three years ago. Face-to-face meetings between the leaders of India and China, the world’s two most populous nations, are rare. They had a brief conversation weeks later on the sidelines of the Group of 20 (G20) leaders’ meeting in Bali, Indonesia. India’s decision to host this year’s SCO virtually meant that Modi and Xi did not have an opportunity for a face-to-face meeting. Xi is also expected to attend the G20 leaders’ summit in New Delhi next month.

Persons: Narendra Modi, Xi Jinping, ”, Modi, Xi, Vinay Kwatra, ” Kwatra, “, assertiveness Organizations: CNN, Indian, LAC, China’s Ministry of Foreign Affairs, India’s, External Affairs, Shanghai Cooperation Organization, Huawei Locations: Johannesburg, India, China, New Delhi, Beijing, Western, Uzbekistan, Bali , Indonesia, Aksai Chin, Ladakh, Tawang, Arunachal Pradesh, United States, Japan, US, Australia, Jammu, Kashmir, Pakistan

☆ How tourism destinations come back from natural disasters
▼ + stars: | 2023-08-14 | by ( Rich Harrill | ) edition.cnn.com time to read: +6 min

The following Q&A with University of South Carolina research professor Rich Harrill, an expert on hospitality and tourism, looks at what’s happened in Hawaii and how other tourism destinations have bounced back from natural disasters. Compared with other destinations, Hawaii is very reliant on tourism – it comprises about 25% of the state’s economy. Maui County has the state’s highest reliance on tourism, with 51% of its jobs falling into sectors directly associated with tourism. This is a process that’s led by groups known in the travel industry as destination marketing and management organizations. Working with their local destination marketing organization, local governments should make decisions carefully about inviting visitors back.

Persons: Rich Harrill, Patrick T, Fallon, who’s, Hurricane Katrina, Iniki Organizations: CNN, University of South, Hawaii Department of Business, Economic, Tourism, Kahului, Getty, Hurricane Locations: Maui, Lahaina, University of South Carolina, Hawaii, Maui County, Kahului, AFP, New Orleans, Kauai

☆ These are the 10 American states that are the most prepared for extreme weather
▼ + stars: | 2023-07-28 | by ( Scott Cohn | ) www.cnbc.com time to read: +9 min

But NOAA puts the Ohio Valley at the low end of its Climate Extremes Index, which considers temperatures, precipitation, drought and hurricanes. 2023 Infrastructure score: 205 out of 390 points (Top States grade: C+) Climate Extremes Index: 8.7% Properties at risk: 2.1% Renewable energy: 12.3%8. 2023 Infrastructure score: 231 out of 390 points (Top States grade: B) Climate Extremes Index: 23.68% Properties at risk: 4.2% Renewable energy: 42.5%5. 2023 Infrastructure score: 254 out of 390 points (Top States grade: A-) Climate Extremes Index: 8.7% Properties at risk: 2.7% Renewable energy: 34.6%2. 2023 Infrastructure score: 193 out of 390 points (Top States grade: C) Climate Extremes Index: 19.78% Properties at risk: 9% Renewable energy: 84%1.

Persons: Jeremy Porter, they're, Porter, John Boyd , Jr, Seth Herald, Joe Biden, Adam J, Brian Snyder, Jim Mracek, Andrew Lichtenstein, Helen H, Richardson, Marshall, Jewel Samad, James McGath, Cole Ruud, Nicole Neri, Scott Olson, Biden, Daniel Acker Organizations: Street Foundation, The Boyd Company, Micron, CNBC, First, Atmospheric Administration, U.S . Department of Energy, Tennessee, NOAA, Seth, AFP, Getty, Volunteer State, Michigan, Dewey, Anadolu Agency, Great, Great Lakes State, FEMA, Green, Nebraska, Corbis, Cornhusker, Colorado Firefighters, National Center for Atmospheric Research, Denver Post, Centennial, Kansas, Oklahoma Electric, Sooner State, Energy Department, Washington Post, North Star State, Mount, Iowa, Bloomberg Locations: New York, States, Memphis , Tennessee, Tennessee, Ohio, Royal Oak, MI, Metro Detroit, Royal Oak , Michigan, United States, Great Lakes, Michigan, Vermont, Montpelier , Vermont, Nebraska, Cass County, Boulder , Colorado, Colorado, Dodge City , Kansas, Kansas, Moore , Oklahoma, Sooner, Oklahoma, Minnesota, Stillwater, Stillwater , Minnesota, St, Croix, Dakota, Salem , South Dakota, Mount Rushmore, South Dakota, Gowrie , Iowa, U.S

☆ This couple bought a rundown farmhouse in Portugal. Here’s what happened next
▼ + stars: | 2023-07-20 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +13 min

Adventurous projectAlan Andrew and Vincent Proost purchased a rundown Portuguese farmhouse in 2019. have a completely new life in Portugal, and say they couldn't be happier. Although they describe Casa Baio as a “modern farmhouse,” they say they’ve tried to incorporate as many traditional local materials, including handmade terracotta tiles, along with floor tiles made from local marble, as possible. Andrew and Proost say they try to use regenerative organic practices on the farm, which is certified organic. Andrew and Proost say they’ve definitely noticed an increase in the amount of people from the US relocating to Portugal, particularly in Alentejo.

Persons: CNN —, Alan Andrew, Vincent Proost, ” Andrew, ”, Andrew, Figueira e Barros, “, “ It’s, Casa, Duarte Bivar, they’ve, Proost, who’s, It’s, ” They’re, – Andrew, who’ve, Antonio Costa, they’re, he’s, “ We’re, I’m, I’ve, … Organizations: CNN, CNN Travel, Baio, London International Olive Oil, Portugal –, Casa Baio, –, “, EU Locations: Pennsylvania, Belgian, Portugal, Alentejo, London, Europe, Italy, Lisbon, Savanna, Tuscany, ”, Figueira, Belgium, That’s, Estremoz, “, California, Porto

☆ Investors are 'too complacent': Deutsche Bank strategist names two ways to hide from a potential downturn
▼ + stars: | 2023-07-06 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Investors have become "too complacent" in the calm before a potential storm for stock markets, according to Deutsche Bank's Maximilian Uleer. Stock market volatility is usually indicated through the VIX index and is often considered a barometer of fear and uncertainty in the market. Downside protection for investors Uleer also highlighted a number of opportunities for investors to lock in their gains for this year. In the illustrated example above, the portfolio would suffer a maximum loss of 3.41% even if the stock market declined further, not accounting for trading costs, by mid-December. Potential upside Despite the near-term risks, the market strategist pointed to the travel and leisure sector for upside potential.

Persons: Deutsche Bank's Maximilian Uleer, It's, I'm, Uleer, CNBC's Organizations: Deutsche Bank's, Stock, PMI, Deutsche Bank, Uleer, Downside, Airlines Locations: China, Europe, Refinitiv

☆ Rize: Turkey’s hidden mountain hideaways
▼ + stars: | 2023-07-03 | by ( Feride Yalav-Heckeroth | ) edition.cnn.com time to read: +11 min

CNN —Rize province, on the Black Sea coast near Turkey’s northeast border with Georgia, is still largely unknown to many international travelers. Away from Rize itself – the seaside city which lends its name to the province – the area’s valleys and plateaus, surrounded by high-altitude mountain ridges, have remained largely rural. With high rates of rainfall, Rize’s mountain villages (yayla) become a point of escape from summer temperatures. “The state of tourism in Rize is not very pleasant because visitors often arrive without much knowledge about the local culture or the nature. “I think the purpose of coming to Rize shouldn’t be to rush through everything and take a few selfies.

Persons: Orhan Eskiva, café, hamsili, Rize’s, Zeyne, Ahmet Şişman, İbrahim Birben, it’s, Dağ Evi, Trebizond, Emre Corbaci, Taşkın, ”, Elif, Peri, Deniz Demirci Tarakçı, Çinçiva, “, Işık Güner, Feride, Conde Nast Organizations: CNN, Ottomans, Apo, Rize Zua Coffee Locations: Rize, Turkey’s, Georgia, Rize province, Çamlıhemşin, Forestry, Karadeniz, Russia, Senyuva, Çamlıhemşin’s, Mola, Sümela, Trabzon, Zilkale, Armenian, Şenyuva, Istanbul, Pokutsal, Peri, Rize Zua, Yasemin, Barcelona, Fırtına, “, Lake Constance, Kinfolk

London Metal Exchange (LME) three-month tin has been treading water in a $23,700-26,800 range since the start of May. Although the demand outlook remains subdued, tin supply is facing two big threats, one from Myanmar and one from Indonesia, the world's largest exporter. Global tin supply, meanwhile, is now improving after an early-year drop in Indonesia shipments. Refined tin production fell year-on-year in May and Guangxi China Tin Group, the world's sixth-largest tin producer, has just announced a 40-50 day maintenance break from the end of this month, according to the ITA. Indonesia currently only has enough downstream capacity to absorb 5% of its domestic tin production, meaning that any restrictions will likely come in phases.

Persons: Minsur, International Tin Association . Tin, It's, David Evans Organizations: London Metal Exchange, Global, Shanghai Futures Exchange, U.S, Global Semiconductor, HIT, World Semiconductor Trade Statistics, Local, United Wa State Army, International Tin Association ., ITA, Guangxi China Tin Group, Thomson, Reuters Locations: Midwest, London, imploding, Myanmar, Indonesia, Peruvian, United States, Europe MYANMAR, Wa, China, Wa State, Guangxi China, INDONESIA

For some, the answer to exuberant markets lies in the ample cash still sloshing around the financial system. Total global liquidity, a measure of cash and credit in the world economy, has risen to almost $170 trillion in June, Crossborder calculates, from $158 trillion in October. Central banks have added a net $1.7 trillion into money markets since November, it also estimates, a move that correlates with a risk-taking trend. But an alternative scenario is that U.S. money market funds, stuffed with cash after depositors fled regional banks in March, buy enough newly issued Treasuries to keep rates stable. "Liquidity is not a force that reverberates immediately into financial markets," said JPMorgan global market strategist Nikolaos Panigirtzoglou.

Persons: Michael Howell, Crossborder, Richard Clarida, Georgina Taylor, Ken Taubes, reverberates, Nikolaos Panigirtzoglou, Morgan Stanley, Luca Paolini, Paolini, Naomi Rovnick, Harry Robertson, Dhara Ranasinghe, Kirsten Donovan Organizations: U.S . Treasury, Federal Reserve, European Central Bank, Crossborder Capital, U.S, Reuters, BNP, JPMorgan, Apple, Thomson Locations: Japan, U.S

☆ China opposes G20 meeting in Indian-rule Kashmir and will skip it
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +1 min

NEW DELHI, May 19 (Reuters) - China said on Friday that it is opposed to a G20 tourism meeting next week in the disputed Himalayan territory of Kashmir in India and will not attend. "China is firmly opposed to holding any kind of G20 meetings in disputed territory, and will not attend such meetings," Chinese Foreign Ministry spokesperson Wang Wenbin said. In 2019, India split the Muslim-majority state of Jammu and Kashmir to create the two federal territories of Jammu and Kashmir, and Ladakh. Srinagar, the summer capital of Jammu and Kashmir, will host a meeting of the tourism working group for G20 members on May 22-24. Kashmir is claimed in full but ruled in part by nuclear-armed neighbours India and China-ally Pakistan, which has also opposed India's decision to hold a G20 meeting in Kashmir.

☆ They bought a huge rundown Italian castle and transformed it into a luxury retreat
▼ + stars: | 2023-05-09 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +8 min

“And to think that we never wanted a castle, never wanted to own one.”Castle homeMax and Joy Ulfane spent years renovating neglected Tuscan fortress Castello di Fighine into a luxury retreat. Although it was dilapidated and filled with rubble, the Ulfanes saw huge potential in Castello di Fighine and felt it was the right place for them. Castello di FighineThe Ulfanes later decided to purchase some of the rundown houses in the surrounding hamlet, and began renovating them once they’d completed most of the work on Castello di Fighine. They went on to purchase the hamlet’s old village school, and have since transformed it into a high-end restaurant, Ristorante Castello di Fighine. Built in the 11th century as a military lookout, Castello di Fighine is connected to the main road by one single unpaved public path.

☆ Isolated protest in eastern Cuba sparks dueling versions on social media
▼ + stars: | 2023-05-07 | by ( ) www.reuters.com time to read: +3 min

But state-run radio journalist Mabel Pozo said on social media that the protest began when "various citizens, some in a state of drunkenness, yelled statements against the Cuban social process and regarding their dissatisfactions." Reuters could not independently verify the reports or video on social media or the official media version of events. Dissidents have accused the Cuban government of blocking internet traffic countrywide when protests flare in a bid to contain anti-government sentiment. Global web watchdog Netblocks showed a sharp drop in web traffic in Cuba on Saturday shortly after the protest was first reported. The state-run media version of events appeared to blame the lack of internet access on a spike in web traffic.

New Delhi CNN —Authorities in the northeastern Indian state of Manipur have issued “shoot-at-sight” orders after violence broke out this week between tribal and non-tribal groups that saw properties and vehicles set ablaze. Shoot-at-sight orders were authorized for “extreme cases whereby all forms of persuasion, warning, reasonable force etc. If the Meitei community are given scheduled tribe status, other tribal groups say they fear they will not have a fair chance for jobs and other benefits. Marginalization from societyAbout 25% of India’s population of 1.4 billion are grouped under the scheduled castes (Dalits) and scheduled tribes (Adivasis) in India’s constitution. “It has been seen that most Dalits and Adivasis, find it difficult to get these government ID cards … or ration cards.

☆ Six Golf Vacations Even Your Golf-Hating Spouse Will Love
▼ + stars: | 2023-05-04 | by ( David Weiss | ) www.wsj.com time to read: 1 min

LET’S BE FRANK: Old-school golf trips were a handy way to ditch the spouse and fritter away a week with like-minded monomaniacs. The following spots offer course corrections that let both golfers and their better halves pursue their own form of fun, be it a birdie, an eagle, a catamaran cruise or a walk in a “meditation labyrinth.”1. Arizona: Tee Time and TranquilityWith 36 holes of Jay Morrish-designed golf and a 33,000 square-foot spa, the Boulders Resort, Curio Collection by Hilton, in Scottsdale, Ariz., is a cushy oasis in the Sonoran Desert. Ancient souls will feel young again: A meditation labyrinth and reflecting pond promise transcendence, while the earthbound golfer makes his or her way around the plush golf course.

[1/4] Paraguayan presidential candidate Santiago Pena from the ruling Colorado Party gestures next to his wife Leticia Ocampos at the party headquarters as he and his running mate Pedro Alliana won Paraguay's presidential race, according to the preliminary official count, in Asuncion, Paraguay April 30, 2023. Still, Pena will be able to keep a cool head amid the tumult, his supporters say. "I think what characterizes him is that he has infinite tranquility," said Lea Gimenez, who served as Pena's deputy when he was finance minister and was later finance minister herself. Throughout the campaign the Colorado Party candidate has vowed to extend Paraguay's decades-long diplomatic relations with Taiwan, despite pressures to open up to China and its huge consumer demand for soybeans and beef. He became finance minister in 2015.

☆ You can own a private island off the coast of Scotland for $190,000 — nearly half the median price of a home in the US
▼ + stars: | 2023-04-27 | by ( Jordan Hart | Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

An island off the coast of Scotland is currently on sale for $190,000. The price tag is less than half the median cost to buy a home in the US, per data from the National Association of Realtors. Barlocco Island is located six miles away from the nearest town, and over an hour away from the nearest train station. Barlocco Island, located off the coast of Scotland. While the owner's identity remains private, Galbraith told Insider the island has been in the same family for several generations.

New Delhi CNN —India’s defense minister told his Chinese counterpart on Thursday that violations of their shared border erode the “entire basis” of relations between the two Asian neighbors. Indian Defense Minister Rajnath Singh made the comments during a meeting with newly appointed Chinese Defense Minister Li Shangfu in New Delhi ahead of a regional security summit on Friday. “He reiterated that violation of existing agreements has eroded the entire basis of bilateral relations and disengagement at the border will logically be followed with de-escalation,” the statement added. His visit comes four days after India and China concluded the 18th round of talks to attempt to resolve the border issue. Pakistan’s Foreign Minister Bilawal Bhutto Zardari’s visit to the country will be the most senior-level one in seven years.

But Pena, who has powerful party backing, is able to keep a cool head amid the tumult, his supporters say. "I think what characterizes him is that he has infinite tranquility," said Lea Gimenez, who served as Pena's deputy when he was finance minister and was later finance minister herself. Opinion polls suggest either Pena or center-left opposition leader Efrain Alegre could triumph and most analysts predict a close race. "He matured very quickly, being a young father... he became an adult very quickly," a former colleague told Reuters. He became finance minister in 2015.

☆ Markets are eerily calm after the banking chaos - but tightening credit and tumbling earnings could reignite volatility, UBS says
▼ + stars: | 2023-04-22 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

The S&P 500's "fear gauge" fell to its lowest level in 15 months after the recent banking turmoil. Investors are eerily calm – but heightened uncertainty could rock markets soon, UBS says. But the relative consensus could soon be shattered by a credit crunch, UBS said. They have warned tighter credit could fuel a decline in spending and investment levels that would weigh on stock-market valuations. "We expect credit conditions will continue to tighten with a negative impact on growth," he added.

☆ Lincoln’s new SUV will be imported from China
▼ + stars: | 2023-04-18 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

General Motors’ Buick Envision SUV is produced in China and Volvo’s S90 full-sized sedan is also imported from China. The current generation Nautilus is already produced in China for that market, where the Lincoln brand is popular. The new Lincoln Nautilus will have a large cabin-wide display screen. LincolnThe timing of Ford’s decision to build the Nautilus in China comes at a delicate moment, amid heightened tensions between the US and China. LincolnIn the design and marketing of its vehicles, Lincoln has in recent years emphasized quiet and relaxation rather than performance.

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