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☆ Opinion | In Britain, Reality Is Cleaving in Two
▼ + stars: | 2023-11-16 | by ( Moya Lothian-Mclean | ) www.nytimes.com time to read: +2 min

In Britain, Armistice Day is usually an understated affair, marked only by two minutes of silence at 11 a.m. The other, comprising a few hundred people from Britain’s far right and football hooligan networks, gathered several miles away in Westminster. Her departure was quickly overshadowed by the shock return to frontline politics of the former prime minister David Cameron, the architect of austerity and Brexit. For all her extremist posturing, Ms. Braverman is part of an establishment consensus that firmly backs Israel’s war in Gaza. In Britain, as its politicians and public move away from each other, reality is cleaving in two.

Persons: Suella Braverman, Rishi Sunak —, Sunak, David Cameron, Braverman Organizations: Metropolitan Police Locations: Britain, London, Gaza, snaked, Britain’s, Westminster

☆ Ukraine claims a new ‘foothold’ in the country’s south. What does that mean for Kyiv’s efforts to keep the West on its side?
▼ + stars: | 2023-11-16 | by ( Nathan Hodge | ) edition.cnn.com time to read: +8 min

In a recent interview with the Economist, General Valery Zaluzhny acknowledged that Ukrainian forces had failed to achieve a major breakthrough of layered Russian defensive lines. Ukrainian forces near Dnipro River. But the Ukrainian gains on the Dnipro’s left bank are tenuous. A pro-Ukrainian Telegram channel that closely tracks military operations said Thursday that “several small footholds had to be abandoned” on the Dnipro’s left bank. “Russian forces are trying to eliminate the main AFU [Armed Forces of Ukraine] bridgehead in Krynky with the support of all possible means of long-range defeat,” said one blogger.

Persons: Volodymyr Zelensky’s, Andriy Yermak, “, Yermak, General Valery Zaluzhny, Zaluzhnyi, ”, Roman Pilipey, Vladimir Saldo, David Cameron, ” Zelensky, Cameron, Boris Johnson’s, Boris Johnson, ” Cameron, Russia –, Dmytro Kuleba, Kuleba Organizations: Ukraine CNN —, Kremlin, Dnipro “, Getty, Ukrainian Telegram, CNN, Armed Forces, ” CNN, Dnipro, Russia, Ukraine’s, Ukraine, Union Locations: Kyiv, Ukraine, Ukraine CNN — Ukraine, Washington, Dnipro, Russian, Kherson, Krynky, ” Ukraine, Russia, Dnipro River, Roman, AFP, Crimea, Kherson Oblast, United Kingdom, Ukrainian, Avdiivka

☆ Mom and pop shops are cutting software spending, creating jitters on Wall Street
▼ + stars: | 2023-11-16 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +9 min

Joe Coffee founders Nick and Brenden Martin Joe CoffeeWall Street is on edge. Over the past two decades, small businesses have accounted for 40% of U.S. gross domestic product, according to the Chamber of Commerce. "If America is really built on the backbone of small business owners, why are they the ones that never catch the break?" In 2021, Joe Coffee, which now has 17 employees, created a full software and payments suite for coffee shops. WATCH: Xero will remain focused on core segments such as small businesses

Persons: PAYC ZI, Nick Martin, Joe Coffee, Martin, Joe Coffee's, aren't, Bill, Nick, Brenden Martin Joe Coffee, John Rettig, Cameron Hyzer, Yamini Rangan, Rangan, Bill didn't, Jake Dollarhide, Martins, Brenden Martin, Nick's, Brenden, Zhang Peng, they'd, Taylor McGinnis, ZoomInfo, we've, Bryan Keane Organizations: Starbucks, CNBC, Bill Holdings, Bureau of Labor Statistics, Joe, Nasdaq, Chamber of Commerce, Longbow Asset Management, Microsoft, Coffee Fest, UBS, Deutsche Bank Locations: Seattle, Paycom, West Richland , Washington, Coffee, Los Angeles

☆ Thais to Be Among Hostages Freed by Hamas if Gaza Truce Agreed, Thai-Muslim Politicians Say
▼ + stars: | 2023-11-16 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

BANGKOK (Reuters) - Thai-Muslim politicians said on Thursday they had received assurances from the Palestinian group Hamas that all the Thai hostages being held would be among those released if mediators succeed in brokering a truce in Gaza. The Islamist militants took some 240 people hostage on Oct.7, when they rampaged through southern Israel killing 1,200 people, according to Israel. Thailand's Foreign Ministry says 25 Thais were among those abducted and 39 were among those killed that day. "Any ceasefire either 3 days or 5 days ... Hamas will release hostages, including all Thais being held, which they promised," Lepong Syed, the president of the Thai-Iran alumni association, told reporters in Bangkok's parliament building. Lepong is part of a team formed by Thai-Muslim politicians, headed by House Speaker, Wan Muhamad Noor Matha, that has been in contact with the Hamas since October.

Persons: Thais, Lepong Syed, Wan, Chayut Setboonsarng, Panarat Thepgumpanat, Simon Cameron, Moore Organizations: Hamas, Thailand's, Ministry, House Speaker, Reuters Locations: BANGKOK, Gaza, Israel, Thai, Iran

☆ Sapeon, backed by South Korea's SK Group, launches new AI chip
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSEOUL, Nov 16 (Reuters) - Sapeon, an artificial intelligence (AI) chip startup backed by South Korea's telecom-to-chip conglomerate SK Group, has launched its latest chip for data centres, the company said on Thursday, joining the global race to develop AI chips with bigger rivals like Nvidia (NVDA.O). The new Sapeon X330 chip "represents roughly twice the computational performance and 1.3 times better power efficiency" than competitors' products launched this year, the company said in a statement, without elaborating further on the competitors. Sapeon designs AI semiconductors for data centres, which require huge amounts of data processing. The X330 chip is manufactured by TSMC (2330.TW), the world's largest contract chipmaker, Sapeon said. SK Telecom (017670.KS), South Korea's top telco company, is Sapeon's parent.

Persons: Dado Ruvic, Sapeon, Simon Cameron, Moore Organizations: REUTERS, Rights, SK Group, Nvidia, TSMC, SK Telecom, telco, SK Hynix, Thomson Locations: Rights SEOUL, South

☆ Tougher EU methane rules mean US gas sector must clean up act -Maguire
▼ + stars: | 2023-11-16 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +5 min

Snow covered transfer lines are seen at the Dominion Cove Point Liquefied Natural Gas (LNG) terminal in Lusby, Maryland March 18, 2014. Methane is the primary component of natural gas, and is a far more potent greenhouse gas than carbon dioxide in terms of climate-warming potential over the near term, according to the Natural Resources Defense Council, a U.S.-based nonprofit. However, in terms of methane intensity, or a measure of how much methane is emitted in the production of oil and gas, the United States ranks 10th, emitting 8.18 tonnes of methane per kiloton of oil energy equivalent (ktoe). That U.S. intensity rating compares favourably to Venezuela's 53.35 tonnes of methane per ktoe, and is 42% less than Russia's 14 tonnes of methane per ktoe. What's more, it is unclear where EU lawmakers will draw the line in terms of what methane intensity levels are acceptable, and if they plan to adjust thresholds over time.

Persons: Snow, Gary Cameron, Gavin Maguire, Christopher Cushing Organizations: REUTERS, European Union, Natural Resources Defense Council, . Energy Information Administration, U.S, LNG, Russia, International Energy, United States, Reuters, Thomson Locations: Lusby , Maryland, LITTLETON , Colorado, United States, U.S, Europe, Russia, Ukraine, States, Canada, Saudi Arabia

☆ US Capitol police clash with protesters demanding Gaza ceasefire
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +3 min

The protest was organized by three advocacy groups and held in an area near the U.S. Capitol. Protesters linked arms in front of the DNC building's entrance, where some sang: "Which side are you on?" "One person has been arrested for assault on an officer," Capitol Police said on social media. A DNC spokesperson said officials were monitoring the situation outside the DNC headquarters and were in touch with U.S. Capitol and local Washington police. Jewish Voice for Peace wrote on social media that the protesters had gathered to lay out candles for Palestinians killed during Israel's bombardment and to call for a ceasefire.

Persons: Sean Casten, Leah Millis, Dan Whitcomb, Rami Ayyub, Simon Cameron, Moore Organizations: Police, Democratic National Headquarters, Democratic Socialists of America, IfNotNow, Jewish, Peace, . Capitol Police, Democratic National Committee, U.S . Capitol, Lawmakers, U.S . Capitol Police, Capitol Police, U.S, Capitol, Washington police, Thomson Locations: Israel, Palestinian, WASHINGTON, Washington, Gaza, U.S

☆ UK's Cameron meets Zelenskiy in Kyiv on first foreign trip as foreign minister
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

[1/3] Ukraine's President Volodymyr Zelenskiy welcomes Britain's Foreign Secretary David Cameron before their meeting, amid Russia's attack on Ukraine, in Kyiv, Ukraine, in this handout picture released November 16, 2023. Ukrainian Presidential Press Service/Handout via REUTERS Acquire Licensing RightsKYIV, Nov 16 (Reuters) - Britain's Foreign Secretary David Cameron travelled to wartime Kyiv and met President Volodymyr Zelenskiy for talks on his first working trip abroad, the Ukrainian leader said on Thursday. Former prime minister Cameron, who was named as Britain's new foreign minister on Monday, said in a video posted by Zelenskiy's office that he wanted to underscore London's support for Ukraine. Strict security measures in place because of the war mean details of visits by foreign dignitaries are sometimes released only some time after they have happened. Reporting by Dan Peleschuk and Olena Harmash; editing by Tom Balmforth and Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Volodymyr Zelenskiy, David Cameron, Cameron, Zelenskiy, Dan Peleschuk, Tom Balmforth, Gareth Jones Organizations: Britain's, Presidential Press Service, REUTERS Acquire, Rights, Ukraine, Thomson Locations: Ukraine, Kyiv, Russia, Britain, Ukrainian

☆ Fierce e-commerce war leaves Sea in stormy waters
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

In August, CEO Forrest Li declared that Sea (SE.N) would ramp up spending to fight off intense competition. Perhaps that’s because Sea had just reset its strategy over the past year. It had retreated from overseas markets, slashed marketing costs and shed thousands of jobs to claw its way to profitability. Li on Tuesday stressed that the company would prioritise investments to increase its market share, encouraged by its cash pile of about $8 billion. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Forrest Li, Li, taints, Cameron, Francesco Guerrera, Thomas Shum Organizations: Reuters, Alibaba, HK, X, Thomson Locations: SINGAPORE, New York, Singapore

[1/6] A satellite image shows Al-Shifa hospital, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Gaza November 11, 2023. Israel has said that Hamas has a command centre underneath Al Shifa and uses the hospital and tunnels beneath it to conceal military operations and to hold hostages. Hamas said on Wednesday that U.S. announcement had effectively given a "green light" for Israel to raid the hospital. Israeli forces have waged fierce street battles against Hamas fighters over the past 10 days before advancing into the centre of Gaza City and surrounding Al Shifa. "We hold the occupation forces fully responsible for the lives of the medical staff, patients and displaced people in Al Shifa," Alkaila said in a statement.

Persons: Al Shifa, Munir al, Bursh, Israel, Peter Lerner, Joe Biden, Biden, Mai Alkaila, Alkaila, Ashraf Al, Qidra, Antonio Guterres, Omar Shakir, Israel's, Nidal al, Trevor Hunnicutt, Ahmed Tolba, Cynthia Osterman, Howard Goller, Simon Cameron, Moore Organizations: Hamas, Maxar Technologies, REUTERS, Al Shifa Hospital, Al, Israel Defence Forces, IDF, CNN, West Bank, Palestinian Authority Health, Gaza, Medical, Human Rights, Reuters, Thomson Locations: Israel, Palestinian, Gaza, GAZA, Al Shifa, Al Jazeera, Al, Gaza City, Palestine, San Francisco, Cairo

☆ Australia at the 2023 World Cup
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

[1/2] Cricket - ICC Cricket World Cup 2023 - Semi-Final - Australia Practice - Eden Gardens, Kolkata, India - November 14, 2023 Australia's Steve Smith and Marnus Labuschagne during practice REUTERS/Andrew Boyers Acquire Licensing RightsNov 14 (Reuters) - Following are facts and figures about record five-time champions Australia, who face South Africa in the World Cup semi-finals on Thursday:World ranking: 2Captain: Pat CumminsCoach: Andrew McDonaldTop-ranked batsman: David Warner (5)Top-ranked bowler: Adam Zampa (3)Top scorer: David Warner (499 runs, fifth)Top wicket-taker: Adam Zampa (22 wickets, first)Best result: Champions (1987, 1999, 2003, 2007, 2015)2019 result: Lost to England in the semi-finalsSquad: Pat Cummins (captain), Steve Smith, Alex Carey, Josh Inglis, Sean Abbott, Cameron Green, Josh Hazlewood, Travis Head, Marnus Labuschagne, Mitch Marsh, Glenn Maxwell, Marcus Stoinis, David Warner, Adam Zampa, Mitchell StarcROAD TO SEMI-FINALSv India: lost by six wicketsv South Africa: lost by 134 runsv Sri Lanka: won by five wicketsv Pakistan: won by 62 runsv Netherlands: won by 309 runsv New Zealand: won by five runsv England: won by 33 runsv Afghanistan: won by three wicketsv Bangladesh: won by eight wicketsCompiled by Pearl Josephine Nazare in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Steve Smith, Marnus, Andrew Boyers, Pat Cummins, Andrew McDonald Top, David Warner, Adam Zampa, Alex Carey, Josh Inglis, Sean Abbott, Cameron Green, Josh Hazlewood, Travis Head, Marnus Labuschagne, Mitch Marsh, Glenn Maxwell, Marcus Stoinis, Mitchell, Pearl Josephine Nazare, Peter Rutherford Organizations: Cricket, ICC Cricket, REUTERS, Australia, South, Sri Lanka, Pakistan, New Zealand, England, Bangladesh, Thomson Locations: Gardens, Kolkata, India, Africa, England, South Africa, Netherlands, Afghanistan, Bengaluru

☆ Softer inflation could hide a hard landing
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, Nov 14 (Reuters Breakingviews) - The U.S. economy is coming in for landing. Inflation is easing even as growth looks strong, but Americans are bracing for new financial pain. The year-over-year rate of price increases stood at 3.2% in October, barely above the Federal Reserve’s goal, the Bureau of Labor Statistics said Tuesday. Inflation expectations rose to 4.2% in October from 3.2% the month prior, according to the University of Michigan. Even as McDonald’s (MCD.N) beat profit estimates on Oct. 30, boss Christopher Kempczinski flagged that lower-income consumers are pulling back.

Persons: aren’t, Christopher Kempczinski, Ben Winck, taints, Cameron, Jonathan Guilford, Oliver Taslic Organizations: Reuters, Federal, of Labor Statistics, CME Group, University of Michigan, X, Thomson Locations: U.S

WASHINGTON (AP) — The United States on Tuesday said it imposed a third round of sanctions on a group of Hamas officials, members of the Palestinian Islamic Jihad who work to transfer money from Iran to Gaza, and a Lebanese money exchange service that facilitates the transfers. The Treasury Department sanctions, coordinated with the United Kingdom, come in response to the surprise Oct. 7 attack by Hamas on Israel that left roughly 1,200 people dead or kidnapped. The sanctions block access to U.S. property and bank accounts and prevent the targeted people and companies from doing business with Americans. This and two previous rounds of sanctions against Hamas and its affiliates are aimed at protecting the international financial system from abuse by Hamas militants and their enablers, the Treasury Department said. The State Department also is designating a Palestinian Islamic Jihad military leader for diplomatic sanctions.

Persons: Janet Yellen, Antony Blinken, “, Joe Biden, David Cameron, Mohammed Deif, Benjamin Netanyahu Organizations: WASHINGTON, Islamic, Treasury Department, Hamas, The State Department, Jihad, Israel, Iranian, U.S, Health Ministry, Foreign Locations: United States, Islamic Jihad, Iran, Gaza, Lebanese, United Kingdom, Israel, U.S, Syria, Iraq, West Bank, israel

☆ Orsted’s ‘deputy heads must roll’ stance is risky
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain September 5, 2018. REUTERS/Phil Noble Acquire Licensing RightsSINGAPORE, Nov 14 (Reuters Breakingviews) - Orsted’s (ORSTED.CO) recent implosion has finally prompted a reaction. Denmark’s $17 billion offshore wind producer on Tuesday said Chief Financial Officer Daniel Lerup and Chief Operating Officer Richard Hunter were stepping down. The COO is responsible for the procurement, construction, and operations of the wind farms, and supplier delays accounted for the lion’s share of Orsted’s U.S. writedowns. Yet Mads Nipper, who became Orsted chief executive in early 2021 and handpicked the departing duo, has been spared for now.

Persons: Orsted, Phil Noble, Daniel Lerup, Richard Hunter, Hunter, Lerup, Mads Nipper, Henrik Poulsen, Yawen Chen, Cameron, George Hay, Streisand Neto Organizations: REUTERS, Rights, Reuters, X, Thomson Locations: Walney, Blackpool, Britain, Rights SINGAPORE, United States, U.S

☆ The CPI report helped neutralize the Fed risk for now, says NewEdge Wealth's Cameron Dawson
▼ + stars: | 2023-11-14 | 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 EmailThe CPI report helped neutralize the Fed risk for now, says NewEdge Wealth's Cameron DawsonCameron Dawson, chief investment officer for NewEdge Wealth, and John Mowrey, NFJ Investment Group CIO and senior portfolio manager, join 'Closing Bell' to discuss the Fed and the market reaction to the CPI report.

Persons: NewEdge Wealth's Cameron Dawson Cameron Dawson, John Mowrey Organizations: NFJ Investment

☆ Watch CNBC's full interview with NewEdge Wealth's Cameron Dawson and NFJ Investment's John Mowrey
▼ + stars: | 2023-11-14 | 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 EmailWatch CNBC's full interview with NewEdge Wealth's Cameron Dawson and NFJ Investment's John MowreyCameron Dawson, chief investment officer for NewEdge Wealth, and John Mowrey, NFJ Investment Group CIO and senior portfolio manager, join 'Closing Bell' to discuss the Fed and the market reaction to the CPI report.

Persons: NewEdge Wealth's Cameron Dawson, NFJ, John Mowrey Cameron Dawson, John Mowrey Organizations: NFJ Investment

☆ Trump Can Stay on G.O.P. Primary Ballot in Michigan, Judge Rules
▼ + stars: | 2023-11-14 | by ( Chris Cameron | More About Chris Cameron | ) www.nytimes.com time to read: +1 min

A state judge in Michigan partly rejected an effort to disqualify former President Donald J. Trump from running for president in the state, ruling that Mr. Trump will remain on the ballot in the Republican primary, and that the state’s top elections official does not have the authority alone to exclude him from the ballot. But the judge appeared to leave the door open for a future battle over Mr. Trump’s eligibility as a candidate in the general election, saying that the issue “is not ripe for adjudication at this time.”The ruling notches a preliminary victory for Mr. Trump in a nationwide battle over his eligibility to run for president again, even as he faces a wave of legal scrutiny in other cases — including 91 felony charges in four different jurisdictions. Plaintiffs across the country have argued that Mr. Trump is ineligible to hold office again under Section 3 of the 14th Amendment, which disqualifies anyone who “engaged in insurrection or rebellion” against the Constitution after having taken an oath to support it, citing his efforts to overturn the 2020 election.

Persons: Donald J, Trump, “ Organizations: Trump, Republican, Mr Locations: Michigan

Prime Minister Rishi Sunak’s dramatic shake-up of his cabinet on Monday was a bold gamble that tacking to the center will give him a lift in the polls that his lurch to the populist right this summer failed to accomplish. But as Britain’s political establishment digested the news — the return of a more centrist former prime minister, David Cameron, and the ouster of a hard edged home secretary, Suella Braverman, who lashed out at Mr. Sunak on Tuesday — analysts said the prime minister’s pivot smacked of a politician casting about for an identity. Far from a winning electoral formula, some predict that the reshuffle could fracture the coalition that delivered a landslide victory for the Conservative Party in 2019. By trying to shore up the party’s traditional heartland in the south of England, they said, Mr. Sunak risked alienating the working-class voters in the “red wall,” who once flocked to the Tory slogan, “Get Brexit done.”“It doesn’t make any more sense than most of Sunak’s moves since the summer,” said Timothy Bale, a professor of politics at Queen Mary University of London. “And it’s unlikely to make a blind bit of difference to his chances of turning things around before the general election.”

Persons: Rishi, David Cameron, Suella Braverman, Sunak, ”, “, Timothy Bale Organizations: Conservative Party, Queen Mary University of London Locations: England

☆ Morning Bid: Frail yen teeters as US CPI looms
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +3 min

Economists polled by Reuters expect headline U.S. consumer price inflation to slow to 3.3% in October from 3.7% in September, with the core inflation rate that strips out volatile components seen unchanged from September at 4.1%. If the battered currency breaks through last year's trough of 151.94, it would mark a 33-year low. In the corporate world, investors will keep an eye on Europe's most valuable company, Novo Nordisk (NOVOb.CO). Shares of the Danish drugmaker rose on Monday after data showed that the heart-protective benefits of its popular obesity drug Wegovy are not solely due to weight loss. Key developments that could influence markets on Tuesday:Economic events: UK average weekly earnings for September, Euro Zone Q3 flash GDP, Euro Zone employment flash Q3Reporting by Ankur Banerjee; Editing by Edmund KlamannOur Standards: The Thomson Reuters Trust Principles.

Persons: Ankur Banerjee, David Cameron's, Jerome Powell, Shunichi Suzuki, Edmund Klamann Organizations: U.S, Japan, Ankur, Reuters, Federal Reserve, Japanese Finance, Novo Nordisk, Walmart, Thomson Locations: Tokyo, Japan, Britain, Danish

☆ Disney’s franchise fatigue taints M&A magic
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

Chairman and Chief Executive Officer of The Walt Disney Company, Robert Iger, attends the premiere of "Star Wars: The Rise of Skywalker" in Los Angeles, California, U.S. December 16, 2019. REUTERS/Phil McCarten Acquire Licensing RightsNEW YORK, Nov 14 (Reuters Breakingviews) - Walt Disney’s (DIS.N) load-bearing franchises are cracking. Disney’s Pixar studio delivered its own opening weekend dud with “Elemental.” The Star Wars universe’s latest TV expansion, “Ahsoka,” was panned. Iger’s acquisitions of Marvel, Pixar and Star Wars’ Lucasfilm seemed a master stroke of M&A. A slowdown at his most prized acquisitions raises the stakes on his next M&A decisions at a time of increased scrutiny.

Persons: Robert Iger, Phil McCarten, Walt Disney’s, ”, Bob Iger’s, Iger, Nelson Peltz, Jennifer Saba, Orsted’s, Cameron, Jonathan Guilford, Streisand Neto Organizations: Walt Disney Company, REUTERS, Reuters, Marvel, Variety, Pixar, Disney, Star Wars, Lucasfilm, X, Thomson Locations: Los Angeles , California, U.S

☆ David Cameron admits his return is 'unusual'
▼ + stars: | 2023-11-14 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsDavid Cameron admits his return is 'unusual'PostedFormer British Prime Minister David Cameron on Monday (November 13) admitted his new position as the UK's foreign secretary wasn't "usual", but hoped his experience in office would prove useful in his current role.

Persons: David Cameron, wasn't Organizations: British

[1/2] Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. ET (1500 GMT) with a 152 strike price, analysts said. The dollar shot to 151.92 yen at 9:42 a.m. (1442 GMT), its highest level since October 2022, and then tumbled to 151.20 minutes after the strike price. Earlier, Japanese Finance Minister Shunichi Suzuki said the government would keep monitoring the currency market and respond appropriately. The yen is down almost 14% against the dollar this year.

Persons: Dado Ruvic, Shunichi Suzuki, Marc Chandler, It's, Chandler, Jerome Powell, Geoff Yu, Sterling, Rishi Sunak, Sunak, David Cameron, Suella Braverman, Dhara Ranasinghe, Brigid Riley, Emelia Sithole, Sharon Singleton, Jonathan Oatis Organizations: REUTERS, Japanese Finance, Bank of Japan, Bannockburn Global, United Auto Workers, Federal Reserve, BNY Mellon, British, Thomson Locations: Bannockburn, New York, U.S, Tokyo, Japan, TOKYO

☆ Dollar rallies to fresh one-year high against a beaten-down yen
▼ + stars: | 2023-11-13 | by ( Dhara Ranasinghe | Thomson Reuters | Senior Correspondent On The London Markets Team Covering European Sovereign Bond Markets | ) www.reuters.com time to read: +3 min

[1/2] Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. Japanese Finance Minister Shunichi Suzuki said the government would keep monitoring the currency market and respond appropriately. The comments had little immediate impact on the yen, which is down almost 14% against the dollar this year. "Given the move in U.S. Treasuries of course the yen is not rallying yet," he said, referring to U.S. bond yields. The dollar on Monday rose to 151.88 yen , its highest level since October 2022.

Persons: Dado Ruvic, Shunichi Suzuki, Sterling, inched, Rishi Sunak, Kit Juckes, Jerome Powell, Geoff Yu, Sunak, David Cameron, Suella Braverman, Dhara Ranasinghe, Brigid Riley, Emelia Sithole, Sharon Singleton Organizations: REUTERS, U.S . Federal, Finance, British, Generale, BNY Mellon, Thomson Locations: U.S, Japan, Tokyo, TOKYO

☆ David Cameron Makes Surprise Return to U.K. Government as Foreign Secretary
▼ + stars: | 2023-11-13 | by ( Max Colchester | ) www.wsj.com time to read: 1 min

David Cameron, in a blue tie, departs 10 Downing Street after being appointed as foreign secretary. Photo: Chris J. Ratcliffe/Bloomberg NewsLONDON—U.K. Prime Minister Rishi Sunak named one of his predecessors, David Cameron , as foreign secretary, part of a surprise government shake-up aimed at dragging his Conservative Party back to the center ground as it languishes in the polls. Cameron—a Tory moderate who quit as prime minister after Britain voted to leave the European Union—will now take one of the government’s plum jobs after seven years in the political wilderness. He is the first former British prime minister to return to a cabinet post in more than 50 years.

Persons: David Cameron, Chris J, Ratcliffe, Rishi Sunak, Cameron — Organizations: Bloomberg, LONDON, Conservative Party, Tory, Britain, Union —, British

☆ A Change-Oriented Prime Minister Chooses a Link to a Troubled Past
▼ + stars: | 2023-11-13 | by ( Mark Landler | More About Mark Landler | ) www.nytimes.com time to read: +1 min

When David Cameron resigned as Britain’s prime minister after losing the Brexit vote in 2016, he offered members of Parliament a rueful valedictory: “I was the future once.” Few, perhaps including Mr. Cameron himself, expected to see him return. And yet on Monday morning, there he was, striding up the leaf-strewn driveway of 10 Downing Street to accept an appointment as foreign secretary from the current prime minister, Rishi Sunak. For Mr. Sunak, who has presented himself as a change agent, it is not just a surprising choice, but also a deeply counterintuitive one. Mr. Cameron is nothing if not a bridge to the Conservative past. The decisions he made, and the policies he pursued, are vexing Mr. Sunak’s government today, a dubious inheritance that helps explain the erratic course of a prime minister in political trouble.

Persons: David Cameron, Cameron, Rishi Sunak, Cameron’s, Sunak Organizations: Conservative, European Union

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