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What to watch at COP28 on Sunday
  + stars: | 2023-12-02 | by ( ) www.reuters.com   time to read: +2 min
[1/3] U.S Secretary of State Antony Blinken speaks during the Transforming Food Systems in the Face of Climate Change event on the sidelines of the COP28 climate summit at Dubai Expo, in Dubai, United Arab Emirates December 1, 2023. SAUL LOEB/Pool via REUTERS Acquire Licensing RightsDUBAI, Dec 2 (Reuters) - After two days of back-to-back speeches by world leaders, the COP28 climate summit turns its attention on Sunday to the reality of climate change fuelling more sickness and disease. Former U.S. Secretary of State Hillary Clinton will also visit the sprawling COP28 compound, where more than 70,000 people from across the world have gathered for the two-week conference. Clinton was due to take part in an event on women and climate change. COP28 will also see an appearance from former U.S. Vice President Al Gore, who shared the 2007 Nobel Peace Prize with the U.N.'s Intergovernmental Panel on Climate Change for their work to increase public knowledge about global warming.
Persons: Antony Blinken, SAUL LOEB, Bill Gates, Hillary Clinton, Clinton, Al Gore, Kamala Harris, Elizabeth Piper, Diane Craft Organizations: Food Systems, United Arab Emirates, REUTERS Acquire, Rights, Microsoft, Former U.S, U.S, Thomson Locations: Dubai, United Arab
FDIC Chairman Martin Gruenberg appearing before a House committee last month. Photo: saul loeb/Agence France-Presse/Getty ImagesThe Federal Deposit Insurance Corp. is facing an internal reckoning over allegations of widespread harassment and discrimination, with many employees left skeptical about the agency’s commitment to overhaul its culture. In the weeks since a Wall Street Journal investigation revealed that a toxic culture at the FDIC had prompted many female bank examiners to quit over the years, there have been internal debates over who should oversee an external investigation and blowback from employees on multiple division-wide calls.
Persons: Martin Gruenberg, saul loeb Organizations: Agence France, Federal Deposit Insurance Corp, Street, FDIC
Herzog made the request during a meeting with Sheikh Mohamed in Dubai, according to a statement issued by the Israeli president's media office. "The President appealed to his friend Sheikh Mohamed bin Zayed Al Nahyan to employ his full political weight to promote and speed up the return home of the hostages," it said. Israel has released 210 Palestinian prisoners in exchange for Israeli hostages. A UAE state news agency report said the two presidents discussed relations between their countries and issues of mutual interest. Herzog was invited to attend the summit by Sheikh Mohamed earlier this year.
Persons: Isaac Herzog, SAUL LOEB, Sheikh Mohamed bin Zayed Al Nahyan, Herzog, Sheikh Mohamed, Israel, Benjamin Netanyahu, Abraham, Abu Dhabi, Alexander Cornwell, Grant McCool Organizations: U.S, State, Rights, Thursday, United Arab Emirates, Hamas, UAE, UAE ., Abraham Accords, Thomson Locations: Tel Aviv, Israel, Rights DUBAI, Palestinian, Gaza, Dubai, Gulf, The UAE, Qatar, Egypt, Gaza's Rafah, UAE, United States
[1/3] US Secretary of State Antony Blinken disembarks from his airplane upon arrival at Ben Gurion Airport in Tel Aviv, Israel, on November 30, 2023. Washington's top diplomat is also expected to discuss Israel's looming offensive into southern Gaza. Israel has sworn to annihilate Hamas, which rules Gaza. On Wednesday, 16 more hostages were released by Hamas on the final day of a two-day truce extension. Following Israel, Blinken will visit the United Arab Emirates to attend a regional meeting and attend the U.N. COP28 climate summit.
Persons: Antony Blinken disembarks, SAUL LOEB, Antony Blinken, Mahmoud Abbas, Washington's, Israel, we’ll, Blinken, Humeyra Pamuk, Ali Sawafta, Rami Ayyub, Cynthia Osterman Organizations: Ben Gurion, REUTERS Acquire, West Bank, U.S, Israel, Health, United, Thomson Locations: Tel Aviv, Israel, TEL AVIV, Gaza, The U.S, Brussels, U.S, United Arab Emirates, Ramallah
[1/3] US Secretary of State Antony Blinken disembarks from his airplane upon arrival at Ben Gurion Airport in Tel Aviv, Israel, on November 30, 2023. SAUL LOEB/Pool via REUTERS Acquire Licensing RightsTEL AVIV, Nov 30 (Reuters) - U.S. Secretary of State Antony Blinken on Thursday said a temporary truce between Israel and Palestinian militant group Hamas had produced results and the United States hoped it would continue. The truce has brought the first respite to Gaza in seven weeks during which Israel bombed the territory heavily in response to the Oct. 7 rampage. "I look forward to detailed conversations with the government of Israel about the way ahead in Gaza," Blinken said. Israel has sworn to annihilate Hamas, which rules Gaza.
Persons: Antony Blinken disembarks, SAUL LOEB, Antony Blinken, Isaac Herzog, Blinken, Washington, Israel, Herzog, Benjamin Netanyahu, Yair Lapid, Yoav Gallant, Benny Gantz, Mahmoud Abbas, Washington's, Humeyra Pamuk, Ali Sawafta, Howard Goller Organizations: Ben Gurion, REUTERS Acquire, Hamas, U.S, Israel, West Bank, Health, Thomson Locations: Tel Aviv, Israel, TEL AVIV, Palestinian, United States, Gaza, Jerusalem, The U.S, Ramallah
Turkish Foreign Minister Hakan Fidan speaks with Swedish Foreign Minister Tobias Billstrom ahead of the NATO Foreign Ministers meeting at NATO Headquarters in Brussels, Belgium, November 28, 2023. SAUL LOEB/Pool via REUTERS/ File Photo Acquire Licensing RightsBRUSSELS, Nov 29 (Reuters) - Turkey has said it expects to ratify Sweden's long-delayed accession to NATO within weeks, Sweden's foreign minister told journalists on Wednesday. Some in the Western defence bloc had hoped Sweden's ratification would be completed by now for an accession ceremony to take place on the sidelines of the Brussels meeting. "The Turkish foreign minister (Hakan Fidan) didn't present a date but said 'within weeks'. He expected the ratification of Sweden's NATO protocol to be made within weeks.
Persons: Hakan Fidan, Tobias Billstrom, SAUL LOEB, Tayyip Erdogan, Finland's, Billstrom, Ingrid Melander, Benoit Van Overstraeten, Andrew Heavens Organizations: Turkish, Swedish, NATO, NATO Headquarters, Rights, Kurdistan Workers, European Union, Thomson Locations: Brussels, Belgium, Rights BRUSSELS, Turkey, Sweden, Finland, Ukraine, Ankara, United States, Stockholm, Turkish
Blinken will travel to Belgium, North Macedonia, Israel, the West Bank, and the UAE from Monday to Saturday, the department said in a statement. Blinken will discuss what Washington wants to see in Gaza if Israel is able to eliminate Hamas, a State Department official said earlier. Blinken will also discuss the need for an independent Palestinian state as well as attend the UN COP28 climate summit in Dubai, according to the State Department. Some hostages have been freed in recent days in exchange for Palestinians held by Israel in a deal mediated by Qatar and Egypt and agreed by Israel, Hamas and the United States. The top U.S. diplomat "will also discuss the principles he outlined in Tokyo on November 8, (and) tangible steps to further the creation of a future Palestinian state," the State Department said.
Persons: Antony Blinken disembarks, SAUL LOEB, Antony Blinken, Blinken, Humeyra Pamuk, Simon Lewis, Kanishka Singh, Cynthia Osterman Organizations: Brussels, NATO, REUTERS Acquire, Rights, West Bank, United, U.S . State Department, UAE, State Department, Hamas, Organization for Security, Cooperation, Thomson Locations: Brussels, Belgium, Rights BRUSSELS, Israel, United Arab Emirates, Washington, Gaza, North Macedonia, Dubai, Qatar, Egypt, United States, Japan, Tokyo, Europe, Skopje
[1/2] U.S. Secretary of State Antony Blinken disembarks from his airplane upon arrival at Brussels Airport in Brussels, Belgium, on November 27, 2023, as he travels to a NATO foreign ministers' meeting. "We've always said that this is a matter for Ukraine to decide," O'Brien said. At a press conference in Brussels on Monday, NATO Secretary General Jens Stoltenberg said he expected alliance foreign ministers to "reaffirm NATO’s long-term support" for Ukraine. Turkey has informed NATO that its parliament will not complete ratification of the bid ahead of the meetings, sources told Reuters last week. Blinken will also represent the United States at a meeting of the Organization for Security and Co-operation in Europe in Skopje, North Macedonia, this week, O'Brien said.
Persons: Antony Blinken disembarks, SAUL LOEB, Antony Blinken, James O'Brien, Blinken, we've, O'Brien, Biden, We've, Jens Stoltenberg, O, Brien, Stoltenberg, Simon Lewis, Daphne Psaledakis, Andrew Gray, Lisa Shumaker, Chizu Nomiyama, Deepa Babington Organizations: Brussels, NATO, REUTERS Acquire, Rights, Ukraine, State Department, Biden, State, Eurasian, U.S . Congress, Germany's, Reuters, Washington, Organization for Security, Thomson Locations: Brussels, Belgium, Russia, Europe, Gaza, Israel, Washington, Ukraine, United States, Taiwan, Germany, Kyiv, Moscow, Belgian, Turkey, Hungary, U.S, Western Balkans, Kosovo, Skopje, North Macedonia
In May, the Carter Center said Rosalynn Carter had dementia. The motorcade will stop for a wreath-laying ceremony at Rosalynn Carter’s alma mater, Georgia Southwestern State University, before making its way to Atlanta. Former first lady Rosalynn Carter poses for a portrait in New York in 2011. Alice S. Hall/NBCUniversal/Getty Images) Rosalynn gets a kiss from her husband after they were awarded Presidential Medals of Freedom in 1999. “Thank you all for joining us in celebrating what a treasure she was, not only to us, but to all humanity.”The Carter Center said in lieu of flowers, donations be made to the Carter Center Mental Health Program or the Rosalynn Carter Institute for Caregivers.
Persons: Rosalynn, Rosalynn Carter, Jimmy Carter, , Andy Huggins, David Goldman, , Mike Stewart, Joe Biden, Jill Biden, Kamala Harris, Nikki Kahn, Horace Cort, Mikki Ansin, Jason, Amy, Jeff, Jack, Dan Farrell, Jimmy, Barbara Walters, Richard Howard, Suzanne Vlamis, Diana Walker, Joan Mondale, Walter Mondale, Muriel Humphrey, Hubert Humphrey, Ruth Carter Stapleton, Jimmy Carter's, Wally McNamee, Corbis, Carter, Ronald Reagan, Ron Galella, Bromberger Hoover, Jay Leno, Alice S, Tami Chappell, Charlie Neibergall, Laura Rauch, Carolyn Kaster, Sebastian Scheiner, Barack Obama's, Bill Clark, John Bazemore, Amy Davis, Saul Loeb, Errol, Jimmy's, Branden Camp, Caroline Kennedy, Hillary Clinton, Nancy Reagan, David McNew, Matt McClain, Adam Schultz, The New York Times Adam Schultz, White, Erin Schaff, Michael S, Williamson, CNN’s Jaide Timm, Garcia, Eva McKend Organizations: CNN, Carter Center, White House, Atlanta ., Secret, Georgia Southwestern State University, Rosalynn Carter, Health, Human Sciences, Carter, Jimmy Carter Presidential, Glenn Memorial United Methodist Church, Emory University, Maranatha Baptist Church, Washington Post, Atlanta, NY, Hulton, Disney, Bettmann, Mental Health, Mental Health Systems, Harlem Globetrotters, Getty, Democratic National Convention, Toronto, Presidential, Humanity, Baltimore Sun, Tribune, Service, Capitol, Aging, NBA, The New York Times Locations: Plains , Georgia, Atlanta, Georgia, Plains, Americus, alma mater, Plains ., New York, Brazil, Dubuque , Iowa, Waterloo , Iowa, San Francisco, Ashkelon, Israel, Baltimore, Annapolis , Maryland, Americus , Georgia, Rosalynn
Rosalynn Carter passed away peacefully with family by her side at her home in Plains, Georgia, the center said in a statement. It was likely that Eleanor Rosalynn Smith would cross paths with Jimmy Carter in their small hometown of Plains, Georgia. Former first lady Rosalynn Carter poses for a portrait in New York in 2011. Atlanta Journal-Constitution/AP Jimmy Carter, then a Georgia state senator, hugs his wife at his campaign headquarters in Atlanta in 1966. The Carter CenterRosalynn and Jimmy Carter had four children, 12 grandchildren and several great-grandchildren.
Persons: CNN — Rosalynn Carter, Rosalynn Carter, “ Rosalynn, Jimmy Carter, , , Ronald Reagan, Rosalynn, Jill Biden, ” Jimmy Carter, Jason, Amy, Dan Farrell, Carter, ” Jill Biden, Joe Biden, “ They’re, George W, Bush, Laura Bush, She’s, Jill Stuckey, Carters, Bill Clinton, Jake Tapper, CNN’s, Eleanor Rosalynn Smith, ” Rosalynn, Ruth, Jimmy, Jimmy wasn’t, John William, “ Jack ”, James Earl, Chip ”, Donnel Jeffrey, “ Jeff ”, Amy Lynn, Stuart Eizenstat, Donald Trump, Melania, ” Trump, Plains Carter, Richard Nixon, Gerald Ford, Nixon’s, Mary Matise, Eleanor Roosevelt, Steven Hochman, Mrs, ” Hochman, ’ ”, Michelle Obama, ” Michelle Obama, , Georgia’s, Nikki Kahn, Horace Cort, Mikki Ansin, Jeff, Jack, Barbara Walters, Richard Howard, Suzanne Vlamis, Diana Walker, Joan Mondale, Walter Mondale, Muriel Humphrey, Hubert Humphrey, Ruth Carter Stapleton, Jimmy Carter's, Wally McNamee, Corbis, Ron Galella, Bromberger Hoover, Jay Leno, Alice S, Tami Chappell, Charlie Neibergall, Laura Rauch, Carolyn Kaster, Sebastian Scheiner, Barack Obama's, Bill Clark, John Bazemore, Amy Davis, Saul Loeb, Errol, Jimmy's, Branden Camp, Caroline Kennedy, Hillary Clinton, Nancy Reagan, David McNew, Matt McClain, Adam Schultz, The New York Times Adam Schultz, White, Erin Schaff, Michael S, Williamson, Theodore Roosevelt’s, , Jimmy ’, Welfare Joe Califano, Jerry Rafshoon, Carter’s, Joe Califano, Massachusetts Sen, Ted Kennedy, Rafshoon, Camp David, David, Zbigniew Brzezinski, ” Brzezinski, Harry, Bess Truman, Lady Rosalynn Carter, Kate Andersen Brower, CNN’s Stephen Collinson, Sam Fossum, Gabe Cohen Organizations: CNN, Carter, House, The Carter, Naval, Americana, NY, White, Maranatha Baptist Church, Sunday, Carter Institute for Caregiving, Georgia Southwestern State University, Southern Baptists, Naval Academy, Georgia, Atlanta, Brigade, Jimmy, Mental Health, Washington Post, Hulton, Disney, Bettmann, Mental Health Systems, Harlem Globetrotters, Getty, White House, Democratic National Convention, Toronto, Presidential, Humanity, Baltimore Sun, Tribune, Service, Capitol, Aging, NBA, The New York Times, Department of Justice, Health, Education, Welfare, Democratic, American, Human, Camp, Habitat, U.S Locations: Plains , Georgia, Israel, Egypt, Iran, Atlanta, Norfolk, Cuba, Sudan, North Korea, Guinea, mater, Georgia, Plains, , Hawaii, New London , Connecticut, Schenectady , New York, Washington, Iowa, Florida, Americus , Georgia, New York, Brazil, Dubuque , Iowa, Waterloo , Iowa, San Francisco, Ashkelon, Baltimore, Annapolis , Maryland, Rosalynn, North Carolina, White, Central, South America, Ecuador, Peru, Colombia, Panama, Maryland, Tehran, United States
Pluralities of global citizens believe the West is in demise — with U.S. democracy and the European Union at risk of collapse within the next 20 years. They also find that increased economic ties with China are growing more appealing, according to polling of adults across 11 European countries and 10 non-European ones. For many, the conflict is considered a "proxy war" between the U.S. and Russia, with majorities in Russia, China, Saudi Arabia, and Turkey saying the two Cold War powers are "already at war." Almost half of respondents in the country say they feel pessimistic about the future of the U.S. This compares with majorities of nationals in India, Indonesia, China and Russia, who are optimistic about their countries.
Persons: Joe Biden, Xi Jinping, Saul Loeb, Xi, thinktank, Mark Leonard Organizations: Economic Cooperation, Afp, Getty, U.S, European Council, Foreign Relations, Oxford University, European Union Locations: Asia, San Francisco, China, Russia, Ukraine, Europe, U.S, Moscow, Saudi Arabia, Turkey, India, Indonesia
Russian President Vladimir Putin speaks during his press conference at the Konstantin Palace on July 29, 2023 in Saint Petersburg, Russia. Russian media have already reveled in pouring cold water on the Asia-Pacific Economic Cooperation (APEC) summit where Xi and Biden are due to meet Wednesday. Russian President Vladimir Putin was not invited due to U.S. sanctions so Deputy Prime Minister Alexei Overchuk is representing Russia at the summit. A range of Russian newspapers including Kommersant, Izvestia, Argumenty i Fakty, Nezavisimaya Gazeta and Komsomolskaya Pravda did not feature any news on the APEC summit or Xi-Biden talks. China's President Xi Jinping and U.S. President Joe Biden at the G20 Summit in Nusa Dua on the Indonesian island of Bali on Nov. 14, 2022.
Persons: Vladimir Putin, Konstantin, Xi Jinping, Joe Biden, Xi, Biden, Katherine Tai, Tai, David Paul Morris, Xi's, Alexei Overchuk, Dmitry Peskov, Kamala Harris, Kent Nishimura, Komsomolskaya, Putin, — Xi, Sergei Guneyev, Ian Bremmer, Saul Loeb Organizations: Getty, U.S, Economic Cooperation, Novosti, APEC, U.S . Trade, Russian Federation, San Francisco International Airport, American, Bloomberg, Getty Images Bloomberg, Israel, Kremlin, SAN FRANCISCO, Merchant Exchange Club, Tass, Kommersant, Izvestia, Gazeta, Komsomolskaya Pravda, Sputnik, AFP, West, Analysts, Eurasia Group, China's, Afp Locations: Saint Petersburg, Russia, Russian, San Francisco, China, Beijing, Washington, Moscow, Asia, United States, San Francisco , California, Ukraine, Pacific, U.S, CALIFORNIA, Taiwan, Nusa Dua, Indonesian, Bali
China's Xi Jinping and President Joe Biden are meeting in San Francisco at the APEC summit. AdvertisementPresident Joe Biden seems keen to ease tensions with his main global rival, China's leader Xi Jinping, against a backdrop of global chaos and conflict. Russia's President Vladimir Putin and Chinese President Xi Jinping pose with heads of delegations participating in the Third Belt and Road Forum in Beijing on October 18, 2023. Sun, the Stimson Center expert, said Xi will be seeking to use the meeting to burnish his image as a global statesman and head off China's economic woes. But whatever agreements Xi brokers with the US president it's unlikely to change his core mission: Chinese global dominance.
Persons: China's Xi Jinping, Joe Biden, , Xi Jinping, SERGEI, Jonathan Ward, Vladimir Putin, Biden, Xi, Putin, GRIGORY SYSOYEV, Ward, Yun Sun, Jeremy Chan, SAUL LOEB, Xi's, it's Organizations: APEC, Service, Economic Cooperation, Getty Images, Atlas Group, Russia's, Forum, Stimson Center, Eurasia Group, Getty Locations: San Francisco, China, Ukraine, Asia, East, Russia, Iran, Getty Images China, Beijing, Gaza, Israel, Palestine, Europe, Ethiopia, Argentina, Nusa Dua, Bali, Taiwan
Biden may want Xi to help bring down the temperature on the world’s ongoing wars and help prevent new ones from igniting. Although China occasionally tries to keep a façade of neutrality, there’s little question that it is aligned with Russia. White House officials have said Biden will provide “clarity” to Xi, on the US positions regarding Taiwan and Russia’s war against Ukraine. Still, there’s a limit to how much Xi can downplay the need for growth. Even so, Biden and Xi are likely to make some progress in an important and necessary meeting.
Persons: Frida Ghitis, Joe Biden, Xi Jinping, Xi, Xi –, Vladimir Putin –, Barack Obama, , , Nancy Pelosi’s, Saul Loeb, Biden, Mao Zedong Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, Biden, Central Military Commission, Israel, Kremlin, Hamas, US, Beijing, Getty, Ukraine, Communist Party, China Locations: California, Bali , Indonesia, China, Russia, Ukraine, Israel, Washington, Beijing, Iran, Tehran, Moscow, Taiwan, Indonesia, South China, White, Gaza
“The Last Fighter Pilot” says when the service saw those scores, Schlamberg was offered his pick of jobs and chose to be a fighter pilot. During that trip, he saw Japanese war veterans up close and felt a kinship, he said. Andrew Caballero-Reynolds/AFP/Getty ImagesFitting endingsYellin died in December 2017, shortly after “The Last Fighter Pilot” was published. In the foreword to “The Last Fighter Pilot,” Yellin recounted how World War II’s end was fitting for the times. “And that the final combat life in the defense of freedom would be laid down by a teenage Jewish fighter pilot who had not yet learned to even drive a car.”
Persons: Emperor Hirohito, Jerry Yellin, Philip Schlamberg, Yellin, Schlamberg, , ” Yellin, Hirohito, , Phil, they’d, Ian Hitchcock, I’m, “ I’m, ” Schlamberg, Andrew Caballero, Reynolds, Melanie Sloan, ” “, ” Sloan, Philip, Sloan, Don Brown, he’d, Schlamberg’s smarts, Jerry Yellin’s, ‘ I’m, ’ ”, Yellin’s, Michael, , ” Michael Yellin, Saul Loeb, Helene, Robert, Taro Yamakawa, Yamakawa, “ Yellin Organizations: CNN, US Army Air Corps, US Defense Department, Nazi, US, 78th Fighter Squadron, National Archives, Iwo, Fighter Squadron, American, T150 Defence Force Air, Culpeper Regional Airport, Getty, Abraham Lincoln High School, Army Air Corps, Memorial, of, Monuments, New, Montclair Local, Arsenal, Democracy, US Air Force, Arlington National Cemetery, Locations: Tokyo, Nazi Germany, Europe, Brooklyn, Iwo Jima, Ukraine, East, Sudan, Myanmar, United States, Nagasaki, Japan, Hiroshima, Utah, Townsville, Australia, Culpeper, Brandy Station, Virginia, AFP, Honolulu, Honolulu , Hawaii, Pearl Harbor, Hawaii, New Jersey, America, Washington ,, Arlington, Pacific, New York
New York (CNN) — Sam Bankman-Fried, once known as a cryptocurrency whiz kid, was found guilty on Thursday for his role in the collapse of the cryptocurrency exchange FTX. His entrepreneurial drive didn’t stop there: In 2019, Bankman-Fried co-founded cryptocurrency exchange FTX and became its CEO. In December 2022, Bankman-Fried was arrested in the Bahamas after US prosecutors filed criminal charges against him. Jane Rosenberg/ReutersBankman-Fried was found guilty of stealing billions of dollars from accounts belonging to customers of his once-high-flying crypto exchange FTX. Immediately following FTX’s crash, crypto exchange Gemini, which was founded by Cameron and Tyler Winklevoss, froze customer redemptions in its lending unit, citing market turmoil.
Persons: — Sam Bankman, FTX, Jane Street, , Fried, , , ” Sam Bankman, Erika P, Rodriguez, Jane, Caroline Ellison, Binance, Sam Bankman, Danielle Sassoon, District Judge Lewis Kaplan, Jane Rosenberg, Joe Bankman, Barbara Fried, Bankman, Allan Joseph Bankman, Yuki Iwamura, Samuel Bankman, Saul Loeb, ingratiated, Tom Brady, Stephen Curry, Naomi Osaka, Larry David, Cameron, Tyler Winklevoss Organizations: CNN, Jane, Capital, MIT, Alameda Research, Chicago Tribune, Tribune, Service, SoftBank, U.S, District, Reuters, Bloomberg, Royal Bahamas Police Force, Billionaire, Stanford, FTX, Getty, Democratic Party, Federal, Commission, Republican, Agriculture, Nutrition, Forestry, Miami Heat, , New Locations: York, Alameda, North Berkeley , California, Nassau, Bahamas, BlackRock, Bankman, Hong Kong, United States, FTT, New York City, U.S, FTX, New York, Washington ,
House, Senate Brace for Showdown on Israel Aid
  + stars: | 2023-10-31 | by ( Siobhan Hughes | ) www.wsj.com   time to read: 1 min
Testimony from Secretary of State Antony Blinken was interrupted several times on Tuesday after protesters shouted antiwar slogans during his opening remarks. Photo: Saul Loeb/AFP/Getty ImagesWASHINGTON—House Speaker Mike Johnson (R., La.) is on a collision course with the Senate over a plan to immediately fund aid for Israel but not Ukraine, with a proposed House bill drawing rebukes from Democrats and a cool reception from some Republicans who favor a broader foreign-policy package. The newly elected leader is moving to hold a vote on a bill Thursday giving Israel $14.3 billion in aid and taking previously allocated funding for the Internal Revenue Service to offset the expense. The package would be far smaller than the $106 billion requested by the White House to fund not only Israel but also Ukraine, Taiwan and border security.
Persons: Antony Blinken, Saul Loeb, Mike Johnson Organizations: Getty, WASHINGTON —, Senate, Israel, Internal Revenue Service, White Locations: Israel, Ukraine, Taiwan
In fact, it's well past the point when CEOs should have started recalibrating their approach to China. But when it comes to de-risking, there is now the risk it's one more race where we risk falling behind to China. There's a limited window available for foreign businesses in China's market to de-risk in a way that protects their shareholders' interests. On multiple occasions, we've witnessed foreign companies get this calculus and timing wrong. These examples underscore the risk of underestimating the complexities of the Chinese market and losing ground to local competitors over time.
Persons: Joe Biden, Xi Jinping, SAUL LOEB, Trump's, Xi Jinping's, There's, we've, Didi Chuxing Organizations: AFP, Getty, U.S, U.S ., Baidu, Huawei's Locations: Nusa Dua, Bali, China, U.S, China's
Where it's being heldThe AI summit will be held in Bletchley Park, the historic landmark around 55 miles north of London. What it seeks to addressThe main objective of the U.K. AI summit is to find some level of international coordination when it comes to agreeing some principles on the ethical and responsible development of AI models. The British government wants the AI Summit to serve as a platform to shape the technology's future. They say that, by keeping the summit restricted to only frontier AI models, it is a missed opportunity to encourage contributions from members of the tech community beyond frontier AI. "By focusing only on companies that are currently building frontier models and are leading that development right now, we're also saying no one else can come and build the next generation of frontier models."
Persons: Rishi Sunak, Peter Nicholls, Rishi Sunak's, ChatGPT, Getty, codebreakers, Alan Turing, It's, Kamala Harris, Saul Loeb, Brad Smith, Sam Altman, Global Affairs Nick Clegg, Ursula von der, Emmanuel Macron, Joe Biden, Justin Trudeau, Olaf Scholz, Sunak, , Xi Jinping, Biden, James Manyika, Manyika, Mostaque, we're, Sachin Dev Duggal, Carl Court Organizations: Royal Society, Carlton, Getty, U.S, Microsoft, Coppin State University, AFP, Meta, Global Affairs, Global Affairs Nick Clegg U.S, Ministry of Science, Technology European, Joe Biden Canadian, Britain, Afp, Getty Images Washington, U.S ., Google, CNBC, Big Tech Locations: London, China, Bletchley Park, British, America, Baltimore , Maryland, Chesnot, U.S, Nusa Dua, Indonesian, Bali, EU
Federal Reserve Chair Jerome Powell has said that the labor market is tight but loosening. Photo: saul loeb/Agence France-Presse/Getty ImagesSince Federal Reserve officials last raised interest rates in July, the economy is doing two things that central bankers don’t think it can sustain much longer: revving up activity and at the same time slowing inflation. It has set off a debate within the central bank about how closely it should follow its traditional models of the economy. The debate is unlikely to affect the outcome of its meeting this week, when the Fed is set to hold interest rates steady to provide more time to see the effects of their rapid increases over the past two years.
Persons: Jerome Powell, saul loeb Organizations: Agence France, Federal
President Joe Biden and his Chinese counterpart Xi Jinping are expected to meet on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco in November. Saul Loeb | Afp | Getty ImagesChina's Foreign Minister Wang Yi said the "road to the San Francisco summit will not be a smooth one," the foreign ministry said on Sunday, in a reference to an expected meeting between President Xi Jinping and U.S. President Joe Biden. He was speaking after a discussion with members of the U.S. strategic community in Washington, the ministry said. Last month, China's top security agency suggested any Xi-Biden meeting in San Francisco hinged on the U.S. "showing sufficient sincerity". Washington and Beijing must put into practice the consensus achieved then, "remove interference, overcome obstacles, enhance consensus and gather outcomes," Wang said.
Persons: Joe Biden, Xi Jinping, Saul Loeb, Wang Yi, Wang, Biden, Xi Organizations: Economic Cooperation, Afp, Getty, China's, San, U.S Locations: Asia, San Francisco, Washington, China, U.S, Bali, Taiwan, Beijing
Moderately higher inflation in September would keep Fed officials on track to hold interest rates steady at its Oct. 31-Nov. 1 policy meeting. They are closely watching underlying price trends to gauge whether they have raised short-term interest rates enough to slow the economy and tame inflation. The Fed over the past 20 months has raised interest rates at the fastest pace in four decades. The Fed last raised rates in July, lifting its benchmark federal-funds rate to a range between 5.25% and 5.5%, a 22-year high. Has recent inflation progress stalled?
Persons: WSJ’s Dion Rabouin, Li Jianguo, saul loeb Organizations: Zuma, Wall, Fed, Agence France, Commerce, Commerce Department
siraanamwong/Getty ImagesYou're fed up with your job and are finally going to let your manager know it: "Fix this, or I'm leaving." In a bid to keep up with the never-ending stream of workplace trends, let's call this one "thruitting." AdvertisementAdvertisementFor your bookmarksFree tax filing programUS Treasury Secretary Janet Yellen has said tax filing should be simple. SAUL LOEB/AFP via Getty ImagesSee if you're eligible for the IRS' new, free tax filing pilot in 13 states. It's part of the department's attempt to make tax filing simpler and more cost-effective.
Persons: Marc Andreessen, Chris Williams, Williams, simplehappyart, Today's, Siu, It's, SCOTT MORGAN, Charlie Munger, Warren Buffett's, Everyone's, Jeffrey Gundlach, Jensen Huang, Young Liu, Chiang Ying, Marc Andreessen's, Elon Musk, Musk, Arantza Pena Popo, Dolly, Janet Yellen, SAUL LOEB, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Tech, Microsoft, Treasury, Barclays, Baron Partners Fund, Nvidia, University of Pennsylvania, America, Blackstone, Getty, IRS Locations: Israel, Cincinnati , Ohio, New York City, San Diego, London, New York
Kevin Lamarque | ReutersThe messy race to elect the next Republican speaker of the House of Representatives is injecting chaos into the typically genteel world of high-dollar GOP fundraising, threatening to disrupt a vital element of the Republican strategy to maintain its House majority. One faction of wealthy donors is intent on exacting revenge on the eight Republicans who voted with Democrats to oust former speaker Kevin McCarthy, according to people familiar with the matter. They're all saying, 'don't give, don't raise any money,'" a Republican fundraiser said. "If you have scheduled a fundraiser for any Republican House member who refuses to vote for Scalise, cancel it. Losing Kevin McCarthy will be damaging for fundraising," a longtime Wall Street Republican fundraiser said.
Persons: Kevin McCarthy, Kevin Lamarque, Andy Sabin, Sabin, Matt Gaetz, McCarthy, Nancy Mace, Win Mcnamee, Steve Scalise, Scalise, Eric Levine, Saul Loeb, Eiseman Levine, Levine, Joanne Zervos, McCarthy's, Zervos Organizations: Capitol, Republicans, GOP, Republican, CNBC, U.S, Getty, Republican House, AFP, New, Wall Street Republican, U.S . Rep, U.S . House Locations: Washington , U.S, Florida, South Carolina, California, Washington , DC, Louisiana, New York
Jordan, a 17-year House veteran from Ohio who chairs the Judiciary Committee, has done pretty well in the money game too. 4 in fundraising among House Republicans and raised more than $14 million, largely through small donors. By comparison, roughly one in 20 dollars taken in by Scalise' campaign fundraising came from donors giving $200 or less. A host of factors, besides fundraising capabilities, will help determine who becomes the next House speaker, and there still was time for candidates to emerge in addition to Jordan and Scalise. Former Speaker Nancy Pelosi collected over $1 billion during her time in House Democratic leadership from 2002-2022, her office said last year.
Persons: Steve Scalise, Jim Jordan, Jerome Powell, Saul Loeb, Kevin McCarthy, Scalise, McCarthy, Ron Bonjean, Bonjean, Jordan, Nancy Pelosi, Richard Cowan, Jason Lange, Scott Malone, Grant McCool Organizations: Federal, U.S, House, Rights, U.S . House, Representatives, Republican, National Republican Congressional, Republicans, Committee, House Democratic, Thomson Locations: Washington , U.S, Louisiana, Ohio, Jordan
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