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☆ Scotland recognized as world’s best golf destination
▼ + stars: | 2022-11-16 | by ( Jack Bantock | ) edition.cnn.com time to read: +10 min

Having hosted the game for almost six centuries, “the home of golf” – as Scotland is known – was recognized as the World’s Best Golf Destination for the very first time at the ninth edition of the annual World Golf Awards in Abu Dhabi this week. Despite the dominance of its legendary St. Andrews Old Course in the World’s Best Golf Course category – with five successive wins after the award’s inception – Scotland had never been recognized as the sport’s best destination. Ross Kinnaird / Getty Images Tom Holland: Part-time web-slinger, full-time golf swinger -- the "Spider-Man" lead is a self-confessed golf addict. Richard Heathcote/R&A/Getty Images“Scottish golf tourism is thriving, and Scotland is a bucket list destination for most golfers around the World,” added Dermot Synnott, Director of Global Partnership for the World Golf Awards. Meanwhile, JA The Resort Golf Course in Dubai won Best Nine Hole Golf Course and Costa Navarino in Greece was recognized as the World’s Best Emerging Golf Destination.

☆ World Cup 2022: start date, schedule, teams, venues and final
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +2 min

Nov 14 (Reuters) - Here's what you need to know about the 2022 FIFA World Cup, which will be held in Qatar:When does World Cup 2022 start? * The World Cup will start a day earlier than originally scheduled to ensure hosts Qatar play the opening match. The World Cup will feature 32 teams and will begin with a group stage, with teams divided into eight groups of four. * Games will take place at eight stadiums -- Al Bayt Stadium, Khalifa International Stadium, Al Thumama Stadium, Ahmad bin Ali Stadium, Lusail Iconic Stadium, Stadium 974, Education City Stadium and Al Janoub Stadium. * With 80,000 seats, Lusail Iconic Stadium is the largest of Qatar's eight World Cup stadiums.

The average cost of travel insurance has decreased over the past week, according to travel agency Squaremouth. Travel insurance weekly rates at a glance:Average premium: $263.85Average trip cost: $5,865.37Average trip length: 16 daysAverage cost of travel insurance by most popular destinationsSome countries are naturally more expensive travel destinations due to higher flight and lodging costs, which could ultimately increase your travel insurance costs. Policy type Average days between purchase to trip Average trip length (days) Average trip cost Average cost of travel insurance Cancellation 53 13 $5,865.37 $375.16 Non-cancellation 16 21 N/A $93.55Source: SquareMouthAverage cost of travel insurance by ageA traveler's age is a significant factor in determining the cost of travel insurance. When calculating your travel insurance premium, travel insurance providers consider the likelihood of a medical emergency. Editor's Rating 4.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.7/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.45/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Compare quotes On SquareMouth's website Compare quotes On SquareMouth's website Compare quotes On Travelex's websiteWhat does travel insurance cover?

☆ Dollar rebounds as Fed officials say hikes to continue; yen slumps
▼ + stars: | 2022-11-15 | by ( Kevin Buckland | ) www.reuters.com time to read: +3 min

The dollar index , which measures the currency against six counterparts including the yen, euro and sterling, edged 0.03% higher to 107.00 early in the Asian day. The index held onto gains made on Monday when it rebounded from a three-month low of 106.27 hit on Friday. The dollar gained 0.34% to 140.40 yen , adding to its 0.84% overnight rebound from a 2 1/2-month low of 138.46. The euro was little changed at $1.03215 following its retreat from a three-month high of $1.0364. The offshore Chinese yuan was little changed at 7.0461 per dollar, after hitting a more than five-week high of 7.0200 in the previous session.

☆ Soccer FIFA boss Infantino urges World Cup ceasefire in Ukraine
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +2 min

Speaking during a lunch with leaders of the Group of 20 (G20) major economies on the Indonesian island of Bali, FIFA President Gianni Infantino said the month-long World Cup, which starts in Qatar on Sunday, offered a unique platform for peace. Football and the World Cup are offering you and the world a unique platform of unity and peace all over the world." The World Cup takes place from Nov 20 to Dec. 18 in Qatar, which is the first Middle East country to host soccer's showpiece event. Russia reached the quarter-finals of the last World Cup in 2018 but has been barred from this tournament over its invasion of Ukraine. "Maybe the current World Cup, starting in five days can be that positive trigger," he added.

☆ China's factory output, retail sales miss forecasts, economy losing steam
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +3 min

Property investment also fell at a faster pace in the January-October period, pointing to further weakness in a key pillar of China's economy. Retail sales fell 0.5%, the first fall since May when Shanghai was under a city-wide lockdown. China's economy is facing a series of headwinds including its zero-COVID policy, a property slump and global recession risks. Property investment fell 8.8% year-on-year in January-October, after declining 8% in January-September. China's property sector, which accounts for a quarter of the economy, has slowed sharply this year as the government sought to restrict excessive borrowing by developers.

☆ China's property investment falls at a faster clip in Jan-Oct
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Nov 15 (Reuters) - China's property investment fell at a faster pace during January-October, declining 8.8% from a year earlier after slumping 8.0% in the first nine months of the year. Property sales by floor area dropped 22.3% during January-October from the same period a year earlier, compared with the 22.2% plunge in the first nine months of the year, according to data from the National Bureau of Statistics (NBS). New construction starts measured by floor area fell 37.8% year-on-year in the first 10 months of the year, a slightly smaller decline than the 38% drop in the first nine months period. Funds raised by China's property developers fell 24.7%, after a 24.5% drop in the first nine months of the year. Reporting by Liangping Gao and Ryan Woo; Editing by Ana Nicolaci da Costa and Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

☆ China industrial output, retail sales miss expectations in Oct
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Nov 15 (Reuters) - China's industrial output rose 5.0% in October from a year earlier, slowing from the 6.3% pace seen in September, official data showed on Tuesday, as COVID-19 restrictions weighed on factory activity. Retail sales fell 0.5%, the first drop since May when Shanghai was under a city-wide lockdown. Analysts had expected retail sales to rise 1.0%, slowing from a 2.5% gain in September. Fixed asset investment expanded 5.8% in the first 10 months of 2022 from the same period a year earlier, versus expectations for a 5.9% rise. The data showed fresh weakness in the in the world's second-largest economy, which has grappled with protracted COVID curbs, a deep property slump and, more recently, weakening external demand.

☆ Germany's Mueller, Ruediger to be fit for World Cup opener - coach
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +1 min

MUSCAT, Nov 15 (Reuters) - Germany's defensive leader Antonio Ruediger and attacking midfielder Thomas Mueller will be fit for Germany's opening World Cup Group E match against Japan next week, coach Hansi Flick said on Tuesday. Both players are nursing injuries as Germany prepare for their World Cup opener and did not train with the squad in Oman on Tuesday. I expect Thomas, just like Antonio Ruediger, to start training with the team on matchday minus four for the game against Japan." The Germans, hoping to make amends for their shock 2018 World Cup first-round exit, play Japan on Nov. 23 before facing Spain four days later. Flick will not be looking at his team to hit top form on Wednesday and may end of resting more players.

☆ Spain at the 2022 World Cup: who is in Luis Enrique's 26-man squad?
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +4 min

Nov 14 (Reuters) - Spain are looking to win their second World Cup title at the Nov. 20-Dec. 18 tournament in Qatar. WHO IS IN SPAIN'S WORLD CUP 2022 SQUAD? * Defenders: Jordi Alba (Barcelona), Nacho Monreal (Arsenal), Alvaro Odriozola (Real Sociedad), Nacho Fernandez (Real Madrid), Dani Carvajal (Real Madrid), Gerard Pique (Barcelona), Sergio Ramos (Real Madrid), Cesar Azpilicueta (Chelsea). * Midfielders: Sergio Busquets (Barcelona), Isco (Real Madrid), Thiago Alcantara (Bayern Munich), David Silva (Manchester City), Andres Iniesta (Barcelona), Saul Niguez (Atletico Madrid), Koke (Atletico Madrid). * Forwards: Marco Asensio (Real Madrid), Iago Aspas (Celta Vigo), Diego Costa (Atletico Madrid), Rodrigo Moreno (Valencia), Lucas Vazquez (Real Madrid).

☆ Brazil at the 2022 World Cup: who is in Tite's 26-man squad?
▼ + stars: | 2022-11-14 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

Nov 14 (Reuters) - Brazil are looking to win a record-extending sixth World Cup title at the Nov. 20-Dec. 18 in Qatar tournament in Qatar. Who is in Brazil's World Cup 2022 squad? * Brazil will meet Serbia, Switzerland and Cameroon in Group G.What was Brazil's squad at the 2018 World Cup? Defenders: Thiago Silva (Paris St Germain), Miranda (Inter Milan), Marquinhos (Paris St Germain), Marcelo (Real Madrid), Filipe Luis (Atletico Madrid), Fagner (Corinthians), Pedro Geromel (Gremio), Danilo (Manchester City). Forwards: Neymar (Paris St Germain), Douglas Costa (Juventus), Gabriel Jesus (Manchester City), Roberto Firmino (Liverpool), Taison (Shakhtar Donetsk).

A look at the day ahead in European and global markets from Anshuman DagaMarkets have got all excited after last week's rip-roaring rally in global equities, a big tumble in U.S. Treasury yields and a bruising sell-off in the mighty dollar. But don't pop the champagne just yet. While U.S. consumer prices rose less than expected in October, pushing the annual increase below 8% for the first time in eight months, Waller said the markets shouldn't get carried away over just one "data point." This week, U.S. retail sales will dominate the data calendar, while markets will also pay attention to euro zone flash Q3 GDP estimates. In the crypto world, after Friday's shocking collapse of cryptocurrency exchange FTX, Bahamas authorities said they were scrutinising the demise of the exchange, co-founded by 30-year-old Sam Bankman-Fried.

The plan comes as the cash-strapped sector has struggled with defaults and stalled projects, hitting market confidence and weighing on the world's second-largest economy. Policymakers' previous efforts to help financing has done little to bolster the property market. The Hang Seng Mainland Properties Index (.HSMPI) jumped 16.2%, with the share prices of many Chinese property developers posting double-digit gains. The notice "introduced by far the most comprehensive set of support measures for the ailing property market," it said. Some investors remained cautious about the impact of the latest policy, however, as regulators have already made many attempts to revive the property sector and the macro environment remains weak amid the country's COVID restrictions.

☆ China plan to restore sector liquidity boosts property stocks
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +1 min

HONG KONG, Nov 14 (Reuters) - Chinese property stocks soared on Monday as the market cheered an aggressive plan outlined by Chinese regulators to shore up liquidity in the embattled sector, with the sub-index surging close to a two-month high in early trading. The Hang Seng Mainland Properties Index (.HSMPI) gained 15%, while top property developers Country Garden (2007.HK) soared 33%, narrowing gains after rallying as much as 52% to the highest since July 27. Longfor Group (0960.HK), Agile Group (3383.HK), R&F Properties (2777.HK), Logan Group (3380.HK) and KWG Group (1813.HK) all jumped almost 30%. Two sources told Reuters a notice to financial institutions from the People's Bank of China (PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC) outlined 16 steps to support the industry, including loan repayment extensions, in a major push to ease a deep liquidity crunch that has plagued the property sector since mid-2020. Reporting by Clare Jim; Editing by Ana Nicolaci da Costa and Bradley PerrettOur Standards: The Thomson Reuters Trust Principles.

☆ China's property shares jump as regulators outline new financing package
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +1 min

HONG KONG, Nov 14 (Reuters) - Chinese property stocks soared on Monday as the market cheered a new aggressive financing package outlined by Chinese regulators to shore up the liquidity of its embattled property sector, with the shares of many major companies surging over 14%. Large property developers Country Garden (2007.HK), Longfor Group (0960.HK), CIFI Holdings (0884.HK) and Greentown China (3900.HK) all jumped close to 15% at market open. The Hang Seng Mainland Properties Index (.HSMPI) gained 9.7%. Two sources told Reuters a notice to financial institutions from the People's Bank of China (PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC) outlined 16 steps to support the industry, including loan repayment extensions, in a major push to ease the deep liquidity crunch which has plagued the property sector since mid-2020. Reporting by Clare Jim; Editing by Ana Nicolaci da CostaOur Standards: The Thomson Reuters Trust Principles.

☆ China regulators order more financing support for property firms
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +4 min

The move, first reported by Bloomberg, comes as cash-strapped property developers struggle to tap sources of funding to finish projects and pay suppliers. Chinese regulators are telling financial institutions to allow real estate companies to defer repayment of some loans, such as property development and trust loans, the sources said. China's property sector, once a pillar of growth, has slowed sharply this year as the government sought to restrict excessive borrowing by developers. Goldman Sachs said in a note that the basic principles of the property measures are not new. Chinese regulators expanded a key financing support programme designed for private firms, including real estate companies, to about 250 billion yuan ($35.18 billion) this week.

☆ Morning Bid: Don't get carried away
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +2 min

☆ Spain's Ramos disappointed by World Cup omission
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +1 min

Nov 14 (Reuters) - Spain defender Sergio Ramos said he was disappointed to be excluded from their World Cup squad after returning to full fitness following a calf injury that limited his playing time with Paris St Germain last season. Ramos, 36, who joined PSG last year after 16 trophy-laden years at Real Madrid, wrote an emotional letter to fans after missing out on the chance to feature in his fifth World Cup. "The World Cup? Ramos won the 2010 World Cup with Spain. Spain play Jordan in a friendly on Thursday ahead of their World Cup opener against Costa Rica.

☆ IMF gives final approval for nearly $1bn in financing to Costa Rica
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Nov 14 (Reuters) - The International Monetary Fund (IMF) gave final board approval to grant Costa Rica a $725 million sustainability loan, the Fund said in a statement Monday, directed at the Central American country's climate agenda. The IMF also said it completed its third review of Costa Rica's Extended Fund Facility, unlocking another $270 million in financing for "immediate disbursement." Kenji Okamura, the IMF's deputy managing director and acting chair of the board, said in a statement that the sustainability loan "will support Costa Rica's ambitious agenda to build climate resilience and transition to a zero-carbon economy." Costa Rica is the first country to access the so-called Resilience and Sustainability Facility (RSF). Reporting by Carolina Pulice and Brendan O'Boyle, Editing by Isabel WoodfordOur Standards: The Thomson Reuters Trust Principles.

☆ Election denier loses secretary of state race in Nevada
▼ + stars: | 2022-11-13 | by ( ) www.reuters.com time to read: +1 min

Nov 12 (Reuters) - Jim Marchant, a former Nevada state assemblyman who opposed the certification of President Joe Biden's election win in the state in 2020, was defeated in his race to become Nevada's secretary of state, Edison Research projected on Saturday. Democrat Cisco Aguilar won the secretary of state race in Nevada, defeating Marchant, according to Edison Research. In Nevada, the secretary of state does not have the power to certify election results, but can set and enforce election rules. Nevada is a swing state that could play an important role in determining the outcome of the 2024 presidential election. Marchant lost a race for the U.S. House of Representatives in 2020.

Addressing the East Asia Summit in Cambodia, Kishida said ensuring peace and stability in the Taiwan Strait was important for regional security, voicing "serious concern" over the human rights situation of the Uyghur people, according to a statement from Japan's foreign ministry. "There has been continued, increasing actions by China in the East China Sea that violate Japan's sovereignty. China also continues to take actions that heighten regional tension in the South China Sea," Kishida told the meeting, according to the statement. Kishida's remarks follow those of U.S. President Joe Biden, who stressed to Asian leaders the importance of peace in the Taiwan Strait and ensuring freedom of navigation in the South China Sea. Kishida is in Cambodia to attend the East Asian summit, which groups 18 countries accounting for half of the global economy including the three biggest economies - the United States, China and Japan - and Southeast Asian nations.

The number of daily cases in China rose from 11,950 on Nov. 11, the National Health Commission (NHC) said on Sunday. Capital city Beijing reported a record 235 new daily cases, up from 116 the previous day, local government data showed. Zhengzhou city in the Henan province, home to Apple supplier Foxconn's plant (2317.TW), reported a record 2,642 new daily cases. Foxconn has said it aims to resume full production in the second half of November, after operations were disrupted due to COVID prevention measures. read moreNHC said in a statement on Sunday that the COVID prevention and control situation remained "serious and complex".

☆ Chinese premier says economy on 'upward trend', vows further support
▼ + stars: | 2022-11-13 | by ( ) www.reuters.com time to read: +2 min

BEIJING, Nov 13 (Reuters) - China's economy has grown 3% over the past three quarters and is stabilising on an "upward trend", Chinese Premier Li Keqiang said, vowing to continue to support the economy with policy measures. Premier Li also said China was working hard to keep market operations, employment and prices stable, the statement said. read moreChina has created more than 10 million new urban jobs in the first 10 months of the year, Li said. China aims to keep the urban jobless rate below 5.5% and to create more than 11 million new urban jobs this year. "Countries should strengthen cooperation and macroeconomic policy coordination, so as to form synergy to maintain the stability of the world economy and prevent recession," Li said.

☆ Degrowth: A dangerous idea or the answer to the world's biggest problems?
▼ + stars: | 2022-11-13 | by ( Julia Horowitz | ) edition.cnn.com time to read: +10 min

“An innocent 2 or 3% per year, it’s an enormous amount of growth — cumulative growth, compound growth — over time,” said Giorgos Kallis, a top degrowth scholar based at the Universitat Autònoma de Barcelona. Action Press/ShutterstockThe UN’s Intergovernmental Panel on Climate Change recently cited degrowth in a major report. Investment bank Jefferies said investors should consider what happens if degrowth gathers steam, noting “climate-anxious” younger generations have different consumer values. She’s criticized “fairy tales about non-existent technological solutions” and “eternal economic growth.” And she’s touched on another point degrowthers raise: Is our current system, which has produced rampant inequality, even working for us? Gates, the Microsoft co-founder who’s prioritized investing in climate innovations, admits that overhauling global energy systems is a Herculean task.

☆ Ballet dancers who fled Russia reunite on California stage
▼ + stars: | 2022-11-12 | by ( Rollo Ross | ) www.reuters.com time to read: +3 min

REUTERS/Mike BlakeCOSTA MESA, Calif., Nov 11 (Reuters) - Xander Parish is a British-born ballet dancer who was a principal dancer at the Mariinsky Ballet in St Petersburg, Russia. Other international dancers based in Russia also fled, leaving behind their lives, jobs and belongings. Now, for one night, the dancers from the Mariinsky, the Bolshoi and other elite Russian companies are reuniting with a performance on Saturday in Costa Mesa, California. Although the corps de ballet will be together only for one night's performance, Parish already has plans for them to do more. "Reunited in Dance" will be performed at the Renee and Henry Segerstrom Concert Hall in Costa Mesa.

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