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CNN —A week into Ukraine’s surprise cross-border incursion into Russia, it’s becoming increasingly clear that Moscow does not have the situation under control. The incursion – the first time foreign troops entered Russian territory since World War II – is a major embarrassment for the Kremlin. The first reports of Ukrainian troops crossing into Russia’s Kurs region, just north of the Ukrainian border, started to emerge late last Tuesday. By Monday, Kyiv claimed to have control over some 1,000 square kilometers (386 square miles) of Russian territory. Analysts are not expecting Ukraine to attempt to advance much further into Russian territory.
Persons: it’s, Vladimir Putin, Putin, Volodymyr Zelensky, , , Alexei Smirnov, Smirnov, Wagner, Yevgeny Prigozhin, Roman Pilipey, Biden, wasn’t, John Kirby Organizations: CNN, Kremlin ., Kyiv, Ukrainian, Ukraine, Kremlin, West, Getty, White House National Security Communications, Russia, European Union Locations: Russia, Moscow, Russia’s, Ukrainian, Kyiv, Ukraine, Kursk, “ Russia, Crimea, Belgorod, Bryansk, Sumy, AFP, Germany
Ninety-three percent of the fund managers in the survey are expecting lower short-term rates in the next 12 months, marking the highest percentage in the past 24 years, BofA said. .SPX YTD mountain S & P 500 Only 31% of fund managers are overweight stocks now, down from 51% in July, the survey showed. Global growth expectations are at their lowest in 8 months with about half of respondents expecting weaker growth the next 12 months, the survey showed. Still, the majority of investors (76%) expect the Fed to engineer a soft landing, up from 68% last month, the survey said. The August survey from BofA captured the sentiment of 220 respondents with $590 billion in assets under management.
Persons: BofA, Michael Hartnett Organizations: Federal Reserve
watch nowEconomists have said it is difficult to accurately assess the scale of the yen carry trade, with estimates varying widely. Some analysts, using Japan's foreign portfolio investments, say the yen carry trade could total as much as $4 trillion, Reuters reported. "The real Japan strategy is not just a quick carry trade, borrowing at close to zero interest rates in Japan and investing in high yield assets. Analysts at Barclays said systematic selling pressure does not appear to have been exhausted yet and it's "too early" to call an all-clear to the carry trades unwind. We expect volatility to remain elevated, which should continue to hurt EM carry trades," the analysts at Barclays said in a research note published Sunday.
Persons: Kazuhiro Nogi, Richard Kelly, he'd, Kelly, CNBC's, Nogi, Jesper Koll, Koll, What's Organizations: Tokyo Stock Exchange, Afp, Getty, Bank of Japan, TD Securities, Reuters, TS Lombard, Bank of, The Bank of Japan, Federal Reserve, Monex, Barclays Locations: Tokyo, Japan, MEX, Brazil, Bank of Japan, U.S
Asia-Pacific markets opened mostly higher on Tuesday, following a fluctuating session overnight in the U.S. as investors prepare for key inflation data. The S&P 500 concluded the day flat at 5,344.39, while the tech-heavy Nasdaq Composite climbed 0.21% to close at 16,780.61, led by shares of Nvidia soaring 4%. On the flipside, the Dow Jones Industrial Average fell 140 points or 0.36% to conclude at 39,357.01. Traders await Wednesday's consumer price index for July, a key indicator of the health of the U.S. economy. Investors will analyze the data for indications the Federal Reserve can begin cutting rates in September.
Organizations: Nasdaq, Nvidia, Dow Jones, Traders, Investors, Reserve Locations: Asia, Pacific, U.S
Turenscape/Courtesy The Cultural Landscape FoundationYu’s proposal is this: Create areas with porous earth where local plants can thrive with little or no maintenance. But whether this latest flooding crisis demonstrates the limitations of China’s sponge cities, or supports the case to expand them, is a matter of debate. Turenscape/Courtesy The Cultural Landscape FoundationTurenscape planted 5,600 seedlings of 360 local species, including rare trees indigenous to Thailand’s central river basin. Turenscape/Courtesy The Cultural Landscape FoundationThis may be another reason Yu’s services have been sought outside China. Last year, The Cultural Landscape Foundation awarded Yu the $100,000 Oberlander Prize in recognition of his pioneering work.
Persons: Kongjian Yu, Yu, ” Yu, Turenscape, Xi Jinping, Faith Chan, , Chan, Elizabeth Mossop, ” Mossop, Organizations: CNN, redwoods, UK’s University of Leeds, Research, Global Times, University of Nottingham, Thai, Arsomsilp, Environmental, Landscape Foundation, University of Technology Sydney’s School of Design Locations: Nanchang, China's Jiangxi, China, Qinghuandao, China's Hebei province, Wuhan, Hainan, Sanya, China's, Guangdong, Turenscape, University of Nottingham Ningbo China, , Bangkok
Tokyo CNN —Japanese Prime Minister Fumio Kishida will not run for a second term as leader of the long-ruling Liberal Democratic Party (LDP) next month following a series of political scandals that have fueled calls for him to resign. The most obvious first step, to show that the LDP will change, is for me to step aside,” he said. Concerns about Japan’s economy, including the weakening of the yen against the US dollar, have also undermined confidence in Kishida’s economic policies. He had previously denied he would step down as party leader despite public criticism and sinking disapproval ratings. His decision to quit comes a month before LDP elections are slated, with the date in September yet to be announced.
Persons: Fumio Kishida, Kishida, , , Joe Biden’s Organizations: Tokyo CNN, Japanese, Liberal Democratic Party, LDP, . Locations: Japan, Kishida, Ukraine
A 22-year-old man was arrested and charged with multiple hate crimes Monday after, police said, he yelled “Free Palestine” before he slashed a Jewish man in the torso near a synagogue in Brooklyn, New York. Police alleged that Vincent T. Sumpter, of Brooklyn, stabbed the 33-year-old man around 2 a.m. Saturday near the headquarters of the Chabad-Lubavitch movement, a branch of Hasidic Judaism. A 33-year-old man was slashed in the attack in Crown Heights in Brooklyn on Friday. Crown Heights Shmira via X.comResidents chased the attacker and detained him until police arrived, he said. Videos posted by the X account Crown Heights Shmira appear to show the stabbing.
Persons: , Vincent T, Yaacov, , Behrman, Sumpter Organizations: Palestine, Police, Lubavitch, X.com Residents, Defamation, ADL, Jewish Locations: Brooklyn , New York, Brooklyn, Crown Heights, U.S, Israel, New York City
WASHINGTON — In the heat of the 2024 campaign season, more than 400 first-time voters from across the country gathered here in July to discuss political issues and the upcoming election — but with a focus on being polite rather than being polarized. The gathering was a so-called deliberative poll where the participants were randomly selected to produce a representative sample of young voters from the entire nation. There have been past “America in One Room” studies of the general electorate, but this was the first to specifically examine first-time young voters. And the portion of young voters who opposed drilling in the Artic wilderness increased, from 72% before to 76% afterward. 'I see that point': Young voters gain more respect for differing viewsThe polling results also showed these young voters gaining more respect for differing viewpoints, with the share of participants saying their opponents had good reasons for their positions growing from 64% before the event to 71% afterward.
Persons: WASHINGTON —, Kendall Rene Martin, Tyler Kunkowski, Emily Criswell, Steven Dilts, it’s, , Henry Elkus, Helena, , ” Elkus, Donald Trump, Joe Biden’s, Steven, Tyler, ” Steven, shouldn’t, Emily, ” Tyler, ” Emily, Kendall, didn’t, James Fishkin Organizations: Stanford, Republican, America, Major League Baseball, Young, NBC News, Democrat, Locations: WASHINGTON, “ America, California, Florida, Tennessee, Alaska, United States, Paris, America, Kendall of California
BOSTON — Boston Red Sox outfielder Jarren Duran apologized for directing a homophobic slur at a heckling fan during Sunday’s 10-2 loss to the Houston Astros. You need a tennis racket!”Duran turned his head toward the fan and replied: “Shut up,” followed by a curse word and the slur. “During tonight’s game, I used a truly horrific word when responding to a fan,” Duran said in a statement released by the team. I apologize to the entire Red Sox organization, but more importantly to the entire LGBTQ community. “The Red Sox addressed this incident with Jarren immediately following today’s game.
Persons: Jarren Duran, Duran —, ” Duran, , Duran, Jarren, Organizations: BOSTON, Boston Red Sox, Houston Astros, Fenway, Red Sox, Sox
PARIS — It’s 1:00 a.m. on the banks of the Canal de Saint-Denis and the 2024 Paris Olympics closing ceremony finished an hour ago. But the political and social turmoil France faced before a ghostly metal horse galloped down the Seine has not gone away. French President Emmanuel Macron at the Paris Olympic Games. The French president could easily have been giving his view on France’s immediate political future when discussing the rain-drenched opening ceremony with NBC News. Optimism aside, analysts believe the country faces years of deadlock that could end with a far-right president in 2027.
Persons: Denis, Sara Zinger, Mary Mathurin, France's Leon Marchand, Dar Yasin, Emmanuel Macron, Pascal Le Segretain, Macron, Macron’s, Rainbow Murray, they’ve, Murray, Le Pen, Lady Gaga —, Le, Maxime Jourdan, Marine Le Pen, Charles Platiau, who’s, it’s, Rene Nijhuis, Paris Mayor Anne, Marie Hidalgo, France’s Le, Alain Jocard, Hector Gore Organizations: PARIS, Stade de France, Marine, Paris Olympic, NBC, Queen Mary University of London, Rally, Olympics, Olympic, BSR Agency, Getty, Eiffel, Concorde, triathletes, Paris Mayor, France’s Le Figaro, Metro, Paris Games, French, Square, Games Locations: Saint, Parisian, hipsters, France, Paris, Europe, Seine, Montmartre, AFP
Videos of her breaking went viral, drawing online ridicule and speculation as to whether the whole thing was a hoax. But Gunn was uncowed, re-enacting the kangaroo hop as she celebrated with fellow Australian Olympians ahead of the closing ceremony on Sunday. She also wore a green-and-yellow Australian Olympic tracksuit rather than the streetwear favored by her rivals. Amid the criticism, Gunn’s performance has also drawn an outpouring of support from the international breaking community and others who lauded her originality, including the Australian prime minister. The World DanceSport Federation, the international governing body for breaking, said it had offered her mental health support.
Persons: Rachael Gunn, Gunn, , ” Gunn, , Elsa, Anthony Albanese, ” Martin Gilian, Gilian, Raygun, Adele, Anna Meares, Australia’s, Sergey Nifontov, Claire Warden, Snoop Dogg, “ Don’t Organizations: Olympics, , Associated Press, Paris Games, Paris Olympics, Federation, AP, Loughborough University, NBC Olympics Locations: Australian, Paris, United States, France, Lithuania, Munich, Britain, Brisbane, Australia
A spectacular closing ceremony hands the Olympic Games over to Los Angeles. And a false JD Vance rumor sparks a misinformation row. A glorious farewell to Paris OlympicsGetty ImagesAu revoir to the Paris Games. Kamala Harris pledged to eliminate taxes on tipped wages for service workers, matching a proposal from former President Donald Trump. Politics in BriefTrump campaign: Former President Donald Trump’s campaign has said it was hacked by an Iranian group.
Persons: Vance, Katie Ledecky, Nick Mead, Tom Cruise, Ledecky, Simone Biles, Suni Lee, dazzled, ” Sha’Carri Richardson, Noah Lyles, Guy ” Stephen Nedoroscik, Yusuf Dikeç, Read, JD, Vic e, tol, stu, ord, ami, Flo, bui, Ken Bak, roa Organizations: Olympic Games, Paris, Paris Games, Stade de France, Team USA, U.S, acc, Uni, NBC Locations: Los Angeles, The U.S, American, U.S, Turkish
The disturbances have been fueled by social media users who spread misinformation about the suspect in the July 29 stabbing rampage. A police officer fends away a demonstrator during an anti-immigration protest, in Rotherham northern England on Aug. 4, 2024. The suspect was born in Wales and moved to the Southport area in 2013. We don’t hear you back.’’The coffin of Southport stabbing victim Alice da Silva Aguiar being taken from St Patrick's Church, Southport after her funeral. On Sunday, her parents released a photo of Alice standing next to a cardboard cutout of Swift as she waited for her last dance class to begin.
Persons: Alice da Silva, Constable Serena Kennedy, Alice, , Kennedy, Taylor Swift, fends, Hollie Adams, Sergio, Alexandra, ’ ’, , Alice da Silva Aguiar, Danny Lawson, Jinnie Payne, Swift, ’ ” Payne, Organizations: Patrick’s Catholic, Merseyside Police, Reuters, Churchtown Primary Locations: Southport, England, Merseyside, Liverpool, Rotherham, Wales, Rwanda, Britain, , St Patrick's
Hundreds of firefighters backed by more than 30 water-dropping planes were battling a major forest fire raging out of control Monday on the northern fringes of the Greek capital. A car burns in Varnava village during a wildfire, north of Athens, Greece, on August 11, 2024. Three Athens hospitals were put on heightened alert to treat any potential injuries. It began Sunday afternoon about 35 kilometers (22 miles) from Athens and was fanned by strong winds that quickly drove it out of control. Women embrace after being rescued during a wildfire in Varnavas, north of Athens, Greece, on August 11, 2024.
Persons: Vassilis Kikilias, Michael Varaklas, ” Kikilias, Angelos Tzortzinis, , Vassileios Vathrakogiannis, Organizations: Civil, AP Authorities, Local, Authorities, Getty Locations: Greece, Athens, Varnava, Marathon, Varnavas, AFP, Mati
SYDNEY — A helicopter on an “unauthorized” flight crashed into the roof of a hotel in Australia’s northern tourist town of Cairns on Monday, killing the pilot and forcing the evacuation of hundreds of guests, authorities said. Emergency crews were called at about 2 a.m. (12 p.m. Sunday ET) after the twin-engine helicopter hit the hotel roof, causing a fire and triggering the evacuations, Queensland state police said in a statement. Police said the helicopter had been taken from its hangar for an “unauthorized flight,” but did not elaborate. The pilot, who has yet to be identified, was declared dead at the scene. Helicopter owner Nautilus Aviation said it was cooperating with the police investigation.
Organizations: SYDNEY, Police, ABC, Helicopter, Nautilus Aviation Locations: Cairns, Queensland, Hilton’s
This essay is part of What to Eat on a Burning Planet, a series exploring bold ideas to secure our food supply. Read more about this project in a note from Eliza Barclay, Opinion’s climate editor. However, no one is born loving hot dogs or disliking broccoli and Brazil nuts; our food preferences are learned. This fact carries with it a wonderful seed of hope for changing diets for the better by helping people learn new tastes. When it comes to food, pleasure is what changes the world, because few people make a habit of eating foods they dislike.
Persons: Eliza Barclay Locations: Brazil
There were two requirements for the Stade de France track for the 2024 Paris Olympics: make it purple and make it fast. But Paris was fast: seven Olympic records and three track and field world records were set at the Games. Thirteen men ran under Kenenisa Bekele’s 10,000m Olympic record (Michael Steele/Getty Images)Four men broke Jakob Ingebrigtsen’s 1500m Olympic record from Tokyo, including Ingebrigtsen, only for him to not medal. Washing the Olympic track in Tokyo in 2021 (Antonin Thullier/AFP via Getty Images)One myth Stroppiana is keen to bust is track hardness. And since then we haven’t been able to change that point of view.”How hard is the Paris track?
Persons: Joshua Cheptegei 10000m, Cole, Arshad Nadeem Javelin, Sydney McLaughlin, Marileidy Paulino, Uganda’s Joshua Cheptegei, Michael Steele, Jakob Ingebrigtsen’s, Noah Lyles ’, Richard Heathcote, Maurizio Stroppiana, Mondo, , Stroppiana, Antonin Thullier, , haven’t, Patrick Smith, , Denis, Pakistan’s Arshad Nadeem, Nathan Laine Organizations: Stade de France, Joshua Cheptegei 10000m Uganda, Bahrain, Dominican, Kenya, Kipyegon, Getty, Mexico City, Paris, Getty Images, University of Milan, Olympic, Stade, Adidas, Nike, Asics, Puma, Bloomberg Locations: Rio de Janeiro, Paris, London, Rio, Tokyo, Sweden, Seville, Italian, Moscow, Mexico, Barcelona, Mexico City, AFP, Atlanta, Los Angeles, USA, Brisbane, Australia, Before Tokyo
The message to the airline industry: You've had a few too many screwups to be left to your own devices. Over the past couple of years, the Biden administration has introduced a slew of rules and services intended to make airline passengers' lives easier. The airline industry seems to be relatively on board with the refund idea. But there are plenty of other problems with the airline industry that need solving — some the government can take care of, and some the government is causing. Gallup polls suggest more Americans have a negative view of the airline industry than a positive one.
Persons: You've, Bob Mann, William McGee, Joe Biden's, Pete Buttigieg, Biden, pocketbooks, They've, Janet Bednarek, Buttigieg, , it's, It's, Bednarek, McGee, Mann, George Ferguson, wasn't, Emily Stewart Organizations: Boeing, Delta, Department of Transportation, Airlines, American Economic Liberties, Southwest, University of Dayton, Federal Aviation Administration, Airlines for America, Biden, Bloomberg Intelligence, FAA, Gallup, Business
Fresh anxiety might also spring from the fact that the yield curve is finally disinverting, which is a recessionary signal on its own. "In other words, the Credit Crisis Cycle may be on pause this time." AdvertisementStable credit conditions also contradict a typical reason for why the yield curve inverted in the first place. They are usually correct, Yardeni noted, but not this time around. AdvertisementBut when this happens, shorter-term Treasurys typically roll off quicker than longer ones, Yardeni noted.
Persons: , Ed Yardeni, Yardeni Organizations: Service, Business, Federal Reserve, Federal, Valley Bank, ICE
Did you have a job, own a home, and have significant investments in the stock market? If the answer was yes to all three, then there's a decent chance you're feeling OK about the current state of your finances. But the job market has slowed over the past year. To be sure, not everyone has enough extra cash to invest in the stock market. This is among the reasons a growing share of Americans have dipped their toes into the stock market.
Persons: , haven't, there's, There's, It's, what's, Roland Hesmondhalgh, he's, Republicans —, Tiffany Bell, didn't, Bell, she's, she'll Organizations: Service, Business, Federal Reserve, University of Michigan, Republicans, Federal Locations: Virginia, Pennsylvania, Houston
CNN —The US will not restrict military aid to an Israeli Defense Forces unit accused of committing violations of human rights against Palestinians in the West Bank after determining the violations were “effectively remediated,” State Department spokesperson Matthew Miller said in a statement obtained by CNN on Monday. The decision not to restrict military assistance to the Netzah Yehuda battalion came months after the United States accused it and four other Israeli security units of committing the gross violations of human rights, which occurred before the outbreak of Israel’s war against Hamas in Gaza. The State Department said in April that the other four had “effectively remediated these violations.”Netzah Yehuda, an ultra-Orthodox unit of the IDF, was transferred from the West Bank to the Golan Heights in 2022. “After thoroughly reviewing that information, we have determined that violations by this unit have also been effectively remediated. Top Israeli officials, including Prime Minister Benjamin Netanyahu, expressed sharp criticism to the reports of impending action by the US.
Persons: Matthew Miller, Yehuda, ” Netzah Yehuda, Omar Assad, ” Miller, , Leahy, Vedant Patel, Netzah Yehuda, Biden, Benjamin Netanyahu, ” Netanyahu, Israel Organizations: CNN, Israeli Defense Forces, West Bank, State Department, IDF, Government, , Leahy Law, State, US, The State Department Locations: , States, Gaza, Israel, United States of America
China has become one of the world’s most competitive sporting nations in recent decades, seeing its Olympic performance as a symbol of national strength. In 2008, it topped the gold medal table at the Beijing Games, surpassing the US for the first time. In Paris, the Chinese team appeared on course to top the medal table as it built up a sizable early lead over Team USA, thanks to its domination in shooting and diving. On microblogging site Weibo, the hashtag “China tied for first place on the gold medal leaderboard” became the top trending topic, racking up more than 500 million views. “We won every gold medal square and fair!” said a top comment with over 28,000 likes.
Persons: , , , , WADA, CHINADA, Erriyon Knighton, Knighton, ” “ Organizations: Hong Kong CNN, US, Beijing Games, Team USA, Soviet Union, Times, Olympics, Communist Party, Tokyo, Doping Agency, Tokyo Games, New York Times, ARD, Games, Embassy Locations: Hong Kong, China, United States, Paris, Soviet, Weibo, Taiwan, Taipei, British, Beijing, Washington, CHINADA, Los Angeles, USA
I got altitude psychosis a few hundred meters from high camp as I scaled the frigid face of Huayna Potosi, the ninth-highest mountain in the Bolivian Andes. The geodesic dome was surrounded by snow at Huayna Potosi High Camp. Elizabeth LavisThanks to my excellent guide, I made it to high camp and spent the night in an orange geodesic dome perched on Potosi's precarious eastern side. He rapidly identified the seriousness of the situation, carried my day pack the rest of the way, and helped me ascend slowly to high camp. While I was fairly fit and prepared to climb Huayna Potosi, I didn't consider the mental or extreme physical toll the mountain would take.
Persons: , hallucinating, crampons skidding, Elizabeth Lavis, I've, it's Organizations: Service, Business, Bolivia's La, El, Huayna, Psychiatry Locations: Huayna Potosi, Bolivian, Caucasus, Potosi, Bolivia's, Bolivia's La Paz, El Alto, Lake Titicaca, Peru, Bolivia, Camp, Svaneti , Georgia
AdvertisementOverpackingIt doesn't always make sense to bring your own clubs to a golf course. Or you can even have your own gear shipped ahead to your golf course through services like Ship Sticks. Traveling to serious golf resorts with people who don't want to playSome golf resorts have hiking trails on the property or right near it. An hour outside Atlanta, Reynolds Lake Oconee has seven championship golf courses and also hiking trails and courts for pickleball and tennis. Omni Barton Creek has multiple championship golf courses and is only a short drive from the live music, barbecue, and whiskey in downtown Austin.
Persons: , I've, It's, it's, Chris Babcock, Kohler, Shobeir Ansari Organizations: Service, Southern Hills, Business, Hammarby Studios, Gatorade, Getty Locations: Cypress Point, Bandon, Oregon, Atlanta, Reynolds Lake Oconee, Austin, Wisconsin, Sand
After the crash, Ted Kennedy publicly referenced the idea of a family curse for the first time. Sen. Edward M. Kennedy leaves a courthouse in 1969, after pleading guilty to leaving the scene of a fatal accident. Ted Dully/The Boston Globe/Getty ImagesDuring his televised apology a week after the crash, Ted Kennedy said he had wondered "whether some awful curse did actually hang over all the Kennedys," The Washington Post reported. It marked the first time a member of the Kennedy family openly spoke about the reported "Kennedy curse," the Herald Tribune reported. "I was overcome, I'm frank to say, by a jumble of emotions: grief, fear, doubt, exhaustion, panic, confusion, and shock."
Persons: Ted Kennedy, Sen, Edward M, Kennedy, Ted Dully Organizations: Boston Globe, Washington Post, Herald Tribune, The New York Times Locations: The
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