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What protests in China may mean for the economy
  + stars: | 2022-11-29 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +8 min
New York CNN Business —Protests against China’s prolonged and restrictive Covid regulations spread across the country over the weekend. Oil plunged and hit 2022 lows on Monday, while shares of companies that rely on China for production felt the heat. Oil prices dropped sharply, with investors concerned that surging Covid cases and protests in China may sap demand from one of the world’s largest oil consumers. They don’t want to end their covid policy but they also want to ensure that the political unrest doesn’t grow. This week is chock full of important economic data releases, many of which will help guide the Fed’s next interest rate hike decision in December.
Nancy Pelosi announced Thursday that she'd be stepping down from her position as House Speaker. Pelosi donned a golden accessory on the lapel of her blazer. Pelosi, whose husband was recently attacked in their California home, has used her outfits and accessories as political statements on multiple occasions. She wore the same dress to both of Former President Donald Trump's impeachments, baring her golden brooch in 2019 and ditching it in 2021, Insider previously reported. The golden accessory, according to The Post in 2019, boasts an eagle sitting atop a globe and a shaft comprised of 13 rods that symbolize the original 13 colonies.
But inside the walls at Ware, one of the state’s largest juvenile detention facilities, children have been trying to kill themselves with stunning regularity. In Louisiana, where brutal conditions prompted juvenile justice reform two decades ago, the system is again in crisis. Most Ware guards are Black, as well, though nearly all of its leaders are white, as are the local judge, sheriff and district attorney. “Of course, they still do.” In reports to the state, Ware’s nurses described carpet burns on children’s faces and head-to-toe bruises from restraints. In fact, of the four guards convicted of sexually assaulting children at Ware, Mr. Peace would be the only one imprisoned.
A screen announces the listing of private-equity firm TPG, during the IPO at the Nasdaq Market site in Times Square in New York City, U.S., January 13, 2022. TPG kicked off fundraising of its eighth private equity fund for the region in January, targeting $6 billion, the company said during its March earnings call. If successful, the fund will be its largest Asia fund to date. Hong Kong-based Baring Private Equity Asia last week announced it had closed its eighth, and largest, pan-Asia fund at $11.2 billion. read moreTPG's U.S rival Carlyle Group (CG.O) aims at raising $8.5 billion in a new Asia fund, according to separate people familiar with the situation.
Baring Private Equity Asia closes its largest pan-Asia fund
  + stars: | 2022-09-20 | 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 EmailBaring Private Equity Asia closes its largest pan-Asia fundJean Eric Salata, Chief Executive of Baring Private Equity Asia talks about Asia's bright spots, and why India is a top pick for digital progress.
TPG kicked off fundraising of its eighth private equity fund for the region in January, targeting $6 billion, the company said during its March earnings call. If successful, the fund will be its largest Asia fund to date. Hong Kong-based Baring Private Equity Asia last week announced it had closed its eighth, and largest, pan-Asia fund at $11.2 billion. read moreTPG's U.S rival Carlyle Group (CG.O) is aiming to raise $8.5 billion in a new Asia fund, according to separate people familiar with the situation. It last raised a $4.6 billion Asia fund in February 2019.
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