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The bank asked the court to bar the New York Fed from terminating its master account, without which it said it "cannot effectively function as a depository institution." A spokesperson for the New York Fed declined to comment. Federal prosecutors dismissed a civil forfeiture complaint and returned $53 million in seized funds to the bank. The New York Fed in 2019 said it would stop approving master accounts for some Puerto Rican banks due to U.S. sanctions on Venezuela aimed at ousting socialist President Nicolas Maduro, Reuters reported at the time. The bank said its founder, Marcelino Bellosta, has lived in the United States and Europe for much of the last 25 years.
Persons: BSJI, Nicolas Maduro, Marcelino Bellosta, Luc Cohen, Grant McCool Organizations: Banco San Juan, Inc, New York Federal, Banco, Banco San Juan Internacional, New York, New York Fed, Reuters, Thomson Locations: Puerto Rican, U.S, Venezuela, Banco San, Manhattan, York, Puerto, Venezuelan, United States, Europe, New York
Inside his destroyed business in the coastal village of Gennadi, stacks of plates are covered in ash and debris near a burned-down kitchen. For the residents of Rhodes, which like most Greek islands depends heavily on tourism for jobs and income, the scars run deep. [1/2]The destroyed restaurant of Dimitris Hajifotis is seen, as a wildfire burns on the island of Rhodes, Greece, July 26. Summer wildfires are common in Greece but a record temperatures in recent weeks have worsened conditions. A heatwave is forecast to persist this week with temperatures set to exceed 44 Celsius (111.2 Fahrenheit) in some areas.
Persons: RHODES, Dimitris Hajifotis, Nicolas Economou, Hadjifotis, Kyriakos Mitsotakis, Laoudikos, Karolina Tagaris, Aurora Ellis Organizations: ERT, REUTERS, Thomson Locations: Greece, Rhodes, Gennadi, Kiotari
When Margot Robbie first started earning money as an actress, her first order of business way to pay back the person who had helped her achieve her dreams. During Robbie's early career, her mother helped keep her afloat by borrowing against her home, the actress revealed in an interview with CBS Sunday Morning. "She'd take money out of the house mortgage and lend me money," she said. Robbie said that she kept careful track of every dollar that her mother gave her, writing it all down. "I was like, 'Mom, don't even worry about that mortgage anymore.
Persons: Margot Robbie, I've, Robbie, Robbie wasn't Organizations: CBS
So, while the movies share nothing other than a release date, their box office performances have been intertwined. Because of the "Barbenheimer" effect, many moviegoers who had only planned to see one of the two films ended up watching both. When forecasting for the two movies first started, experts predicted that "Barbie" would have an opening weekend in the $50 million to $60 million range, while "Oppenheimer" looked poised to sell between $30 million and $40 million worth of tickets. "Barbie's" $162 million share of that figure set the record for biggest opening weekend ever for a female director. Here's how the "Barbenheimer" $246.2 million opening weekend stacks up among the biggest movie openings of all time, according to Comscore data.
Persons: Greta Gerwig's, Christopher Nolan's, Oppenheimer, Paul Dergarabedian, Barbie, Dergarabedian
Their 11 shots on target were the most in a World Cup game since 2011, and Alessia Russo's five shots on net were the most by an England player since then. Denmark eked out a 1-0 victory over China in the opener of their first World Cup appearance in 16 years on a late goal by Amalie Vangsgaard, joining the Lionesses atop Group D with three points apiece. "First time in a World Cup and having a performance like that, I think the other two countries (Denmark and China) are going to really struggle with them," Wiegman said. Considering the gang violence and political collapse plaguing that country, just qualifying for the World Cup - they were one of the last three teams to clinch a spot - was victory in itself. "We weren't sure how we were going to play, but we were able to pull it out of the bag.
Persons: Lionesses, Karen Bardsley, Alessia, Saturday's, Mary Earps, Roseline Eloissaint, Amalie Vangsgaard, Sarina Wiegman, Melchie Dumornay, Wiegman, that's, I'm, Nicolas Delepine, We've, Lori Ewing, Jacqueline Wong Organizations: BBC Radio, Georgia Stanway, Manchester United, Thomson Locations: BRISBANE, Australia, England, Austria, Denmark, China, Haiti, Lyon, Dominican Republic, Caribbean
If you've seen one New York City deli, you could be forgiven for thinking you've seen them all. But at Datz Deli in Queens, customers line up for hours to get a taste of owner Joshua Dat's elevation of classic deli offerings. The 31-year-old opened Datz Deli in December 2022 with the idea to spice up quintessential New York staples like a Jamaican beef patty with flavors from his dad's native Guyana. "I wanted to be different," Dat says on the latest installment of CNBC Make It's "On The Job" series. "I wanted to give people something new to try."
Persons: you've, Joshua Dat's Organizations: CNBC Locations: York City, Queens, New York, Guyana
[1/2] Argentina's Cabinet Chief and vice presidential pre-candidate Agustin Rossi gestures in his office during an interview with Reuters, at the Casa Rosada Presidential Palace, in Buenos Aires, Argentina July 21, 2023. REUTERS/Agustin MarcarianBUENOS AIRES, July 21 (Reuters) - Argentina's financial crisis, which has been marked by exchange rate volatility and soaring inflation, should start abating in November and December, with large foreign currency inflows from the wheat harvest, cabinet chief Agustin Rossi told Reuters on Friday. Argentina's prolonged financial crisis has been aggravated by a ferocious drought that reduced crucial agricultural exports by an estimated $20 billion this year. "(Inflation) does not go down with abrupt devaluation... We do not believe that this is necessary in Argentina," Rossi said. "We are optimistic, we believe that we will find a way," Rossi said of the IMF talks.
Persons: Agustin Rossi, Agustin Marcarian, " Rossi, Nestor Kirchner, Rossi, Sergio Massa, Alberto Fernandez, Nicolás Misculin, Alexander Villegas, Rosalba O'Brien Organizations: Argentina's, Reuters, Casa, REUTERS, Peronist, International Monetary Fund, IMF, Thomson Locations: Buenos Aires, Argentina, Agustin Marcarian BUENOS AIRES, Vaca
CARACAS, July 21 (Reuters) - Venezuelan expects to sign licenses by year-end for developing the nation's vast natural gas reserves, oil minister Pedro Tellechea said on Friday, even amid U.S. sanctions. Most of the South American country's gas reserves remain undeveloped after decades of insufficient investment, contract changes and - in recent years - U.S. sanctions to oust President Nicolas Maduro. But new officials running the oil ministry and PDVSA want to encourage new investment and unfreeze projects. Oil major Shell Plc (SHEL.L), which produces in Trinidad, could operate the Dragon gas field in Venezuela if Maduro's government extends it a license, Trinidad officials have said. Venezuela is producing 831,000 barrels of crude per day (bpd) this month and expects to increase to 1 million bpd by year-end.
Persons: Pedro Tellechea, Nicolas Maduro, Tellechea, Spain's, Maurel, Deisy Buitrago, Mayela Armas, Vivian Sequera, Marianna Parraga, Alison Williams Organizations: Eni, Shell, Thomson Locations: CARACAS, Caracas, United States, Trinidad and Tobago, Venezuela, Trinidad, China
Odelyn Joseph/APIt’s against this backdrop of social turmoil and poverty back home that the women’s soccer team competes at the World Cup. Bob Levey/Getty ImagesAnd the next time Haiti takes to the field will mark the biggest occasion in the team’s history: a Women’s World Cup group-stage match against England. She also competed at the U-20 Women’s World Cup in 2018, the first time a Caribbean nation has appeared in the tournament. “To finally hit that point when we’re at the Women’s World Cup is amazing. She was first cleared to resume training in January, then was on the bench for Haiti’s final World Cup qualification games in February.
Persons: Danielle Etienne, Etienne, , , We’re, Jovenel Moise, Odelyn Joseph, ” Etienne, Yves Jean, Bart, Jean, there’s, , Bob Levey, we’re, they’re, Les Grenadières, Frenchman Nicolas Delépine, Melchie, Hannah Peters, Derrick, ’ ”, I’m, Ezekiel, Haiti’s Organizations: CNN, Prince, CNN Sport, FIFA, , Sport, USWNT's Christen Press, England, Chile, Haiti, men’s Locations: Haiti, Australia, New Zealand, Caribbean, Haitian, Port, Brisbane, France, United States, Senegal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailValuation triggered our decision to sell Netflix's stock, says Oakmark's Mike NicolasMike Nicolas, Oakmark portfolio manager, joins 'Squawk on the Street' to discuss the reshuffling of his portfolio, the hunt for traditional value, what triggered the sale of Netflix stock, and more.
Persons: Mike Nicolas Mike Nicolas Organizations: Netflix
Hugo Carvajal, 63, arrived in the United states on Wednesday after being extradited from Spain. "General Carvajal looks forward to fighting these outrageous charges in court before an unbiased American jury," Margulis-Ohnuma told reporters after the hearing. The drugs were ultimately bound for the United States, according to prosecutors. Dozens of Venezuelan military leaders, politicians and businessmen have been charged by the United States with corruption and drug trafficking. He was arrested in Spain on the U.S. drug charges later that year, but went into hiding after a court initially approved his extradition.
Persons: Hugo Carvajal, Judge Stewart Aaron, Zachary Margulis, Ohnuma, Carvajal, General Carvajal, Hugo Chavez's, El, Chavez, Nicolas Maduro, Maduro, Luc Cohen, Daniel Wallis Organizations: YORK, Department of Justice, U.S, American, U.S . State Department, Washington, Thomson Locations: United, Spain, Manhattan, Mexico, Venezuela, United States, Washington, Caracas, Aruba, Netherlands, Maduro, New York
The tanker Flex Artemis was in the South Atlantic and heading northeast on Thursday, according to Refinitiv vessel tracking. It had carried LNG from Yamal in Russia, according to a trader familiar with the matter, and had arrived in Argentine waters about July 14. The Flex Artemis is carrying around 160,000 cubic meters of LNG, according to Olumide Ajayi, senior LNG analyst at Refinitiv. Leo Kabouche, LNG market analyst at consultancy Energy Aspects, said warm weather in Argentina and the start of the Nestor Kirchner pipeline is likely reducing the call on LNG. Argentina turns away Gunvor-chartered LNG tanker, citing sanctions Argentina turns away Gunvor-chartered LNG tankerReporting by Marwa Rashad in London and Julia Payne in Brussels; additional reporting by Ron Bousso in London and Nicolas Misculin in Buenos Aires; Editing by Josie Kao and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Sergio Massa, Gunvor, counterparty, Olumide Ajayi, Leo Kabouche, Nestor Kirchner, Marwa Rashad, Julia Payne, Ron Bousso, Nicolas Misculin, Josie Kao, Jonathan Oatis Organizations: Energy, Argentina, Thomson Locations: Russia, France, Argentine, Yamal, Ukraine, Geneva, Argentina, Gunvor, London, Brussels, Buenos Aires
A negotiating team representing the South American country has held settlement talks with some of those creditors and holders of defaulted PDVSA bonds. The U.S. has shielded Houston-based Citgo from creditors since the company in 2019 severed ties with its ultimate parent, Venezuela's state oil firm Petroleos de Venezuela (PDVSA.UL), which is controlled by President Nicolas Maduro. Horacio Medina, chief of the board that supervises Citgo, did not immediately reply to a request for comment. A sales process for Citgo shares that could begin as soon as September is under consideration by a U.S. judge in Delaware. Venezuela this month lost a separate appeal trying to block new creditors from attaching to the Delaware case.
Persons: Nicolas Maduro, Horacio Medina, Citgo, PDVSA's, PDVSA, Katherine Polk Failla, Marianna Parraga, Gary McWilliams, Matthew Lewis Organizations: U.S . Treasury Department, Treasury, Crystallex International, ConocoPhillips, Siemens Energy, Tree Investments, U.S, Huntington Ingalls Industries, ACL1 Investments, Rusoro, Koch Industries, New, Thomson Locations: Venezuela, Petroleum, U.S, Houston, Petroleos, Delaware, New York, Manhattan
MADRID/NEW YORK, July 19 (Reuters) - The former head of Venezuela's military intelligence, Hugo Carvajal, arrived in the United States on Wednesday to face drug trafficking charge after being extradited from Spain, his lawyer said. Carvajal is expected to make an initial appearance in Manhattan federal court on Thursday morning, said his lawyer, Zachary Margulis-Ohnuma. Prosecutors say Carvajal in 2006 coordinated the shipment of 5,600 kg (1,235 pounds) of U.S.-bound cocaine to Mexico from Venezuela. Carvajal is also wanted in Venezuela on charges including treason and financing terrorism. "I hope the United States ... delivers to Venezuela a criminal like Hugo Carvajal," Jorge Rodriguez, the president of Venezuela's Maduro-aligned legislature, told reporters on Wednesday.
Persons: Hugo Carvajal, Carvajal, Zachary Margulis, El, Hugo Chavez's, Nicolas Maduro, Chavez, Maduro, Jorge Rodriguez, Venezuela's, Emma Pinedo, Luc Cohen, Deisy Buitrago, William Maclean, Mike Harrison, Daniel Wallis Organizations: MADRID, of Human, U.S, Washington, Thomson Locations: United States, Spain, Manhattan, Madrid, The U.S, Mexico, Venezuela, New York, Caracas
Co-hostsThis year will be the first time the Women’s World Cup will be hosted by two federations, New Zealand and Australia. But this year’s event will mirror the format used in the men’s World Cup for the first time. New Zealand's Eden Park will host the opening game of the Women's World Cup. “The future is women – and thanks to the fans for supporting what will be the greatest FIFA Women’s World Cup ever,” FIFA president Gianni Infantino told reporters last month. Zambia is one of the teams making its debut at the Women's World Cup this year.
Persons: Eden, don’t, Brett Phibbs, , , Gianni Infantino, Lionesses, Michael Bradley, Melchie Dumornay, Nicolas Delepine, there’s, ” Infantino, , David Aganzo Organizations: CNN, Sydney’s, United States Women’s National, Reuters, FIFA, Republic of Ireland, Spain, Africa, Nations, Qatar, Getty, Olympique Lyonnais –, Locations: Australia, New Zealand, Sydney, Melbourne, Brisbane, Adelaide, Perth, Zealand, Auckland, Hamilton, Wellington, Dunedin, Norway, China, Eden, Canada, Republic of, Haiti, Republic of Ireland, Morocco, Panama, Philippines, Portugal, Vietnam, Zambia, Japan, Costa Rica, Moroccan, South Africa, Europe, ” Haiti, Thailand,
Starting this week, it will be one of only 30 theaters in the world screening Christopher Nolan's latest blockbuster "Oppenheimer" in 70-millimeter IMAX film. What makes 70mm film so special, Keighley explains, is the level of detail it can capture. While a modern digital projection is equivalent to a 4K display, 70mm film is equal to roughly 18K. The last film to receive a 70mm IMAX release was Nolan's "Tenet" in 2020. Of the 30 theaters equipped to show the 70mm IMAX print of "Oppenheimer," only 19 are in the United States.
Persons: Christopher Nolan's, Oppenheimer, David Keighley, Tenet Organizations: AMC Lincoln, CNBC, Keighley Locations: United States, Canada, United Kingdom, Australia, Czech Republic
Director Christopher Nolan is well known for avoiding computer generated effects in his films when possible, preferring instead to capture all the action in-camera. "If I'm generating my material and writing my own scripts, being on a smartphone all day wouldn't be very useful for me." Nolan also prefers to hand deliver his scripts to actors rather than sending them digitally. While he said this has given him a reputation for working "in secrecy," Nolan said the truth is anything but. Dating back to his 2000 breakout hit "Memento," Nolan has written every one of his films save for 2002's "Insomnia."
Persons: Christopher Nolan, Nolan, Tenet, It's, Oppenheimer Organizations: Hollywood
Taylor Swift can't stop breaking records. 1 on the Billboard 200, Swift broke the tie with Barbra Streisand, who previously held the No. 1 albums"Fearless" ( 2008)"Speak Now" (2010)"Red" (2012)"1989" (2014)"Reputation" (2017)"Lover" (2019)"Folklore" (2020)"Evermore" (2020)"Midnights" (2022)"Fearless (Taylor's Version)" (2021)"Red (Taylor's Version)" (2021)"Speak Now (Taylor's Version)" (2023)The 33-year-old has a ways to go to take the overall title for most No. Swift has also become the first living artist in nearly 60 years to have four albums in the Billboard Top 10 at the same time, with "Folklore" (No. 5) and "Speak Now (Taylor's Version)" (No.
Persons: Taylor Swift, — Swift, Swift, Barbra Streisand, Drake, Taylor, Herb Alpert Organizations: Jay, Billboard
CNN —Fans turned out in their droves to watch Lionel Messi’s official unveiling as an Inter Miami player. When Pizarro signed for Inter, he filled one of the club’s three ‘Designated Player’ spots. The rule is also known as the ‘Beckham Rule’ after David Beckham – now Inter’s co-owner – became the first designated player when he joined LA Galaxy in 2007. So, with Messi signing a contract reportedly worth between $50 to $60 million per year, the 35-year-old Argentine fills one of Inter’s designated player spots. Either Inter can look to move one of their designated players on or they can “buy down” a player’s contract.
Persons: CNN —, Lionel Messi’s, Rodolfo Pizarro, Pizarro, Beckham, David Beckham –, , Messi, Ira L, Matías Almeyda, , , Messi’s, Sergio Busquets, – Messi, Busquets, Josef Martínez, Blaise Matuidi, Andrés Reyes, Leandro González Pirez, Nicolás, Julián Carranza, Jorge Mas, ” Mas, Chris Henderson Organizations: CNN, Inter Miami, Argentine, Inter, Major League Soccer, MLS, LA Galaxy, Messi, Philadelphia Union, AEK Athens, Mexican, Chivas, ” Inter, Soccer, Sporting, “ Inter Miami Locations: Argentine, Mexican, Instagram, Barcelona, America’s
National Ice Cream Day is Sunday, July 16, and retailers across the country are joining in on the holiday to share their sweet treats with consumers. And it's not just ice cream brands getting in on the holiday. Here are a few notable offers for National Ice Cream Day. Insomnia Cookies is offering a free ice cream scoop with any purchase. is offering a free ice cream scoop with any purchase.
Persons: Fry, Baskin Robbins, Warren Buffett Organizations: Cream, Amazon, Cold Locations: Italian
The BK Barbie Combo features a cheeseburger topped with bacon bits and dressed with a bright pink sauce that Burger King says has a "smoky" flavor. Once the straw is put into the dessert, Burger King tops it off with a pink frosted donut. It's not the first time that Burger King has offered a movie-themed meal. But unlike the Spider-Man burger, it doesn't appear that the BK Barbie Combo will be making its way stateside. A representative for Burger King did not immediately respond to CNBC Make It's request for comment.
Persons: Barbie, Burger King, Ken, verbiage, Burger, It's, Sony's, São Paulo, Warren Buffett Organizations: BK, Burger, CNBC Locations: Burger King Brazil
CARACAS, July 13 (Reuters) - The European Court of Human Rights has denied an effort by a former director of Venezuelan military intelligence, wanted on drug trafficking charges by the United States, to avoid extradition from Spain. Carvajal was arrested in September 2021 at a Madrid apartment by Spanish police and is being held in Estremera, outside of the capital. He has denied supporting cocaine trafficking to the United States. "In any event, General Carvajal is looking forward to clearing his name in an American court," Margulis-Ohnuma added. Reporting by Luc Cohen and Vivian Sequera; Writing by Julia Symmes Cobb; Editing by Conor Humphries and Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
Persons: Hugo Carvajal, Hugo Chavez's, Nicolas Maduro, Carvajal, Mr Carvajal Barrios, Zachary Margulis, General Carvajal, Luc Cohen, Vivian Sequera, Julia Symmes Cobb, Conor Humphries, Sandra Maler Organizations: European, of Human Rights, Thomson Locations: CARACAS, United States, Spain, Madrid, Estremera, Aruba
Over the past few years, Tubi has quietly amassed a thriving collection of Black-led independent movies. “Cinnamon” is the first Tubi premiere under the banner Black Noir Cinema, an initiative led by Village Roadshow Pictures. It’s a nifty standard-bearer: a gas station attendant and aspiring singer, Jodi (Hailey Kilgore), and a pickpocket, Eddie (David Iacono), team up for an inside job. The robbery becomes a self-own when someone from a local crime family — led by Pam Grier — gets killed in the process. They lean hard on the gas station owner, Wally (Damon Wayans), and then zero in on Jodi and Eddie.
Persons: Tubi, Jodi, Hailey Kilgore, Eddie, David Iacono, , Pam Grier —, Damon Wayans, Bryian Keith Montgomery Jr, doesn’t, there’s, huckster, Wally Organizations: Village Roadshow Pictures
The burger chain is giving customers a complimentary order of fries on Thursday, July 13 in honor of National French Fry Day. To get the world famous spuds, customers will need to make a free account on the McDonald's smartphone app. You can download the McDonald's app here. But McDonald's isn't the only fast food joint offering free fries this week. Fatburger, meanwhile, is offering free fries with any in-store purchase or online order made using the code "FrenchFryDay22" from July 13 to July 19.
Persons: McDonald's, Fry, Fatburger, Warren Buffett Organizations: National
The debate, the first between opposition hopefuls since 2011, was held as they await a ruling by the country's top court which could suspend the Oct. 22 nominating contest. Venezuela's often divided opposition is seeking to dislodge President Nicolas Maduro, who has ruled the country since 2013. Three of the most high-profile of the 14 opposition hopefuls, Maria Corina Machado, Henrique Capriles and Freddy Superlano, have already been barred from holding public office. "We need leadership who will take the fight to the end." The hopefuls said private investors must feel confident returning to Venezuela, whose economy contracted for eight consecutive years until 2022, when it showed incipient growth which is already waning.
Persons: Maria Corina Machado, Tamara Adrian, Andres Caleca, Cesar Perez Vivas, Carlos Prosperi, Read, Luis Ratti, Nicolas Maduro, Maduro, Henrique Capriles, Freddy Superlano, Universidad Catolica Andres Bello, Machado, Superlano, Capriles, Delsa Solorzano, Vivian Sequera, Mayela Armas, Deisy, Julia Symmes Cobb, Rosalba O'Brien Organizations: la, Movimiento por Venezuela, Centro Democratico, Accion Democratica, Universidad Catolica, Thomson Locations: CARACAS, United States, Venezuela
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