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☆ Now that DeSantis has made attacking 'woke' his signature move, Trump says he doesn't like the word because 'half the people' who use it 'can't even define it'
▼ + stars: | 2023-06-02 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Donald Trump says he doesn't like the word "woke," despite using it many times in the past. Ron DeSantis appears to love using the word, boasting that "Florida is wear woke goes to die." "I don't like the term 'woke' because I hear 'woke woke woke' — you know it's like just a term they use, half the people can't even define it, they don't know what it is," Trump said. Trump has used the word "woke" countless times over the years in speeches, official statements, and online posts. Taryn Fenske, communications director for DeSantis, said woke was a "slang term for activism … progressive activism" as well as a belief in systemic injustices, Florida Politics reported.

Persons: Donald Trump, Ron DeSantis, —, Trump, wokeness, Taryn Fenske, DeSantis, Ryan Newman Organizations: Service, Florida Gov, Kids, Employees, Florida Politics Locations: Florida, Urbandale , Iowa

☆ These may be the world’s best warships. And they’re not American
▼ + stars: | 2023-06-02 | by ( Brad Lendon | ) edition.cnn.com time to read: +12 min

A challenger for China’s world-beating Type 055sThe Pentagon estimates China’s navy to have around 340 warships at present, while the US has fewer than 300. Take China’s Type 055, in many eyes the world’s premier destroyer. The three Sejongs, which cost about $925 million each, are the pride of the South Korean fleet. All these Japanese and South Korean vessels are designed to incorporate US technology, weapons, spy radars and the Aegis command and control system. But then if the US, Japanese and South Korean ships use similar technology and can operate together, why does the law prevent the US from building some of its ships in Japanese and South Korean shipyards?

Persons: South Korea CNN —, China’s, Lloyd Austin, Li Shangfu, ”, Blake Herzinger, Carl Schuster, –, Schuster, Herzinger, it’s, Arleigh Burke, ., Kim, Sejong, ” Kim, Alessio Patalano, Arleigh Burkes, ” Patalano, Japan’s, ” Schuster, It’s, Travis Callaghan, “, Nick Childs, There’s, Childs, ” Herzinger Organizations: South Korea CNN, United, US Navy, US, CNN, Beijing doesn’t, United States Studies Center, Pacific Command’s Joint Intelligence Center, South Korea’s Sejong, South Korean, South Korean Navy, country’s Defense Media Agency, South, Korea Association of Military Studies, King’s College, Arleigh, Aegis, Maritime Administration, US Coast Guard, Shipbuilding, USNI News, Navy Locations: Seoul, South Korea, China, South, Taiwan, Singapore, Austin, Washington, Beijing, Japan, Australia, Hawaii, Xianyang, South Korea’s, London, Asia, Washington’s, United States, America

☆ US weekly jobless claims rise slightly; labor market defies recession fears
▼ + stars: | 2023-06-01 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

"Labor market conditions are still tight," said Nancy Vanden Houten, lead U.S. economist at Oxford Economics in New York. "While we expect the Fed to leave rates steady at its upcoming meeting, a more sustained loosening of labor market conditions is needed to keep rate hikes permanently off the table." Unadjusted claims increased by 5,296 to 207,941 last week, with notable rises in New York, Ohio and Illinois. While the labor market continues to surprise with strength, manufacturing is in a downward spiral. The Fed's "Beige Book" report on Wednesday described the labor market as having "continued to be strong" in May, but noted that "many contacts" were "fully staffed."

Persons: Nancy Vanden Houten, Unadjusted, nonfarm payrolls, payrolls, Christopher Rupkey, Lucia Mutikani, Chizu Nomiyama, Paul Simao Organizations: PMI, Federal Reserve, Fed, Labor, Oxford Economics, Labor Department, Reuters, Institute for Supply Management, Treasury, U.S, Thomson Locations: May WASHINGTON, U.S, New York, New York , Ohio, Illinois, Massachusetts

“Everyone recognizes that Ukraine needs a modernized air force and everyone knows that. It’s going to take a considerable length of time, effort, money, to build that air force,” Milley said. Russia’s has hundreds of fourth and fifth generation fighters and bombers, dwarfing the smaller, older Ukrainian fleet or military aircraft. The flow of aerial defense systems has been effective at forcing Russia’s air force to largely remain out of Ukrainian air space and prevent Russia from establishing aerial supremacy over Ukraine. With an aerial defense system established across critical parts of Ukraine, the effort has now shifted to bolstering Ukraine’s air force with modern Western fighter jets.

Persons: Mark Milley, ”, “, Milley, ” Milley, Russia’s Organizations: Kyiv, “, Russian, Ukraine Locations: Ukraine, Russian, France, Germany, Russia

☆ Job site ZipRecruiter cutting 20% of its staff
▼ + stars: | 2023-06-01 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —Fewer employers looking for workers means 270 employees at job search site ZipRecruiter will soon be out of a job. The company is cutting 20% of its staff by the end of this month, the company disclosed in a filing late Wednesday. Alphabet, Microsoft and Salesforce — and especially Twitter — have all announced large job cuts. Despite all the job cuts in technology and also in media, US employers overall are still hiring more people than they’re cutting. Economists are also forecasting a gain of 190,000 jobs for May when the Labor Department issues its monthly jobs report Friday.

Persons: “, Ian Siegel Organizations: New, New York CNN, ”, Facebook, Meta, Microsoft, Twitter, Labor Department, Labor Locations: New York

☆ Jobs report: What to expect from the May data
▼ + stars: | 2023-06-01 | by ( Alicia Wallace | ) edition.cnn.com time to read: +5 min

But despite all that, the labor market has kept humming right along. And that’s largely expected to be the case, again, in Friday’s monthly jobs report from the Bureau of Labor Statistics. Private sector employment increased by 278,000 jobs in May, according to ADP’s monthly National Employment Report, frequently seen as a proxy for the government’s official number. Labor turnover data released Wednesday showed that the US employment market remained tight in April. The government’s May jobs report is scheduled for Friday at 8:30 a.m.

Persons: ” Daniel Zhao, that’s, ” Julia Pollak, “, Pollak, ”, Michael Feroli, Matthew Martin, ” Pollak, it’s Organizations: Minneapolis CNN, Federal Reserve, Bureau of Labor Statistics, “, ”, Commerce Department, CNN, Labor, JPMorgan, Oxford Economics, Challenger, Conference Locations: Minneapolis, April’s

[1/2] Former U.S. Vice President Mike Pence addresses the National Review Institute's 2023 Ideas Summit in Washington, U.S., March 31, 2023. Christie, who advised Trump's campaign in 2016 only to become a vocal critic of the former president, will formally announce his 2024 campaign on June 6, a person familiar with the matter said. The growing Republican field concerns many Trump opponents inside the Republican Party. Trump has a massive polling lead in a Republican field that now has more than 10 declared or almost-declared candidates. On Wednesday, Pence's polling average in the Republican field was less than 4%, compared to Trump's 53%, according to a RealClearPolitics average of polls.

Persons: Mike Pence, Kevin Lamarque, Chris Christie, Donald Trump, Christie, Trump's, Pence, Doug Burgum, Trump, Ron DeSantis, Tim Scott, Nikki Haley, Donald, Steve Holland, Joseph Ax, Tim Reid, Daniel Wallis Organizations: U.S, REUTERS, New, Reuters, North, Trump, Republican Party, Republican, Florida, Capitol, Christian, Saint Anselm College, Republicans, South Carolina, Thomson Locations: Washington , U.S, New Jersey, North Dakota, Iowa, New Hampshire

☆ Factbox: Who are the candidates running in the 2024 US presidential election
▼ + stars: | 2023-05-31 | by ( Ross Colvin | ) www.reuters.com time to read: +6 min

Here is a list of 2024 hopefuls in both the Democratic and Republican parties. Only 1% of Republicans said he would be their preferred 2024 nominee in a Reuters/Ipsos poll conducted May 9-15. ASA HUTCHINSONThe former Arkansas governor launched his bid for the White House in April with a call for Trump to step aside to deal with his indictment. Biden allies say he is running because he feels he is the only Democratic candidate who can defeat Trump. MARIANNE WILLIAMSONThe best-selling author and self-help guru has launched her second, longshot bid for the White House.

Persons: Mike Pence, Chris Christie, Donald Trump, Joe Biden, DONALD TRUMP Trump, Biden, Trump, RON DESANTIS, DeSantis, TIM SCOTT, Scott, NIKKI HALEY, Haley, VIVEK RAMASWAMY, Ramaswamy, MIKE, Pence, Trump's, CHRIS CHRISTIE, ASA HUTCHINSON, Hutchinson, DOUG BURGUM Burgum, JOE BIDEN Biden, MARIANNE WILLIAMSON, ROBERT KENNEDY JR, Kennedy, Robert F, Ross Colvin, Colleen Jenkins, Nick Zieminski, Alistair Bell Organizations: New, Democratic, Republican, REPUBLICAN, Republican Party, Twitter, Trump, Walt Disney Co, Ukraine, TIM, Black Republican U.S, Reuters, United Nations, Biden, U.S . Capitol, Republican White House, Christian, New Jersey, ASA, White House, Microsoft Corp, DEMOCRATIC, White, Democrat, YouTube, Thomson Locations: New Jersey, New York, Florida, South Carolina, Pence, Iowa, Arkansas, U.S

☆ Casey DeSantis' mission on the 2024 campaign trail is to bring suburban women back to the GOP after Trump lost them
▼ + stars: | 2023-05-30 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +16 min

Ron DeSantis' wife, Casey DeSantis, is a chief confidant key to his political rise. He finished boasting about his "Florida Blueprint," and then his wife, Florida first lady Casey DeSantis, glided onstage. In the geography was Casey DeSantis' autobiography: raised in Troy, Ohio, and college-educated at the University of Charleston. As Florida's first lady, Casey DeSantis' initiatives included childhood emotional resiliency, child welfare, and — as a breast-cancer survivor herself — cancer research. "They did not want woke ideology shoved down the throats of their five years olds while they were in school," Casey DeSantis said.

☆ Trinidad and Tobago nears awards for onshore oil and gas exploration
▼ + stars: | 2023-05-29 | by ( Curtis Williams | ) www.reuters.com time to read: +2 min

May 29 (Reuters) - The Trinidad and Tobago government accepted bid recommendations for six of eight onshore oil and gas exploration blocks, people close to the matter said on Sunday, setting the stage for awards to be disclosed as soon as this week. The Caribbean nation has pushed to expand exploration to counter declines in its oil and gas production. A decision to award licenses was taken by the country's cabinet on Thursday on the recommendation of Trinidad and Tobago Energy Minister Stuart Young, the people said. Trinidad and Tobago's A&V Oil and Gas Ltd was recommended for the St. Mary’s block. The Aripero Block will go to Nabi Construction (Trinidad and Tobago) Ltd, while the Buenos Aires block is to be awarded to Trinity Exploration & Production Plc, the people said.

☆ Exclusive: Trinidad and Tobago nears awards for onshore oil and gas exploration
▼ + stars: | 2023-05-29 | by ( Curtis Williams | ) www.reuters.com time to read: +2 min

May 29 (Reuters) - The Trinidad and Tobago government accepted bid recommendations for six of eight onshore oil and gas exploration blocks, people close to the matter said on Sunday, setting the stage for awards to be disclosed as soon as this week. The Caribbean nation has pushed to expand exploration to counter declines in its oil and gas production. Trinidad and Tobago's A&V Oil and Gas Ltd was recommended for the St. Mary’s block, which had received four bids, the most of any offer. A&V bested Canadian energy firm, Touchstone Exploration Inc (TXP.TO), which bid as Primera Oil and Gas Limited, the people said. The Aripero Block will go to Nabi Construction (Trinidad and Tobago) Ltd, while the Buenos Aires block is to be awarded to Trinity Exploration & Production Plc.

☆ Erdogan win sends stark note on economy and votes
▼ + stars: | 2023-05-29 | by ( Lisa Jucca | ) www.reuters.com time to read: +3 min

MILAN, May 29 (Reuters Breakingviews) - Tayyip Erdogan’s re-election in Turkey sends a sharp message to leaders around the world: politics is trumping sound economics. Official results released show the sitting strongman won 52% of ballots, implying citizens are deeply divided over his return to power. Erdogan’s victory will likely exacerbate multiple long-term money-matter headaches for the country’s more than 80 million people. Erdogan’s win also suggests the country will continue to pivot away from the West. Follow @LJucca on TwitterCONTEXT NEWSTurkish President Tayyip Erdogan secured a fresh five-year term in elections on May 28, beating challenger Kemal Kilicdaroglu.

☆ 3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency
▼ + stars: | 2023-05-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +8 min

The Chinese yuan is one of the top contenders challenging the USD's dominance as a reserve currency. However, Beijing may not be fully supportive of making the yuan the reserve currency of choice. Here's why even China isn't that keen on de-dollarizing the world economy and making the yuan the top reserve currency. So, the US will need to contend with ever larger amounts of deficit, in order to maintain its pre-eminent reserve currency position. Given the issues standing in Beijing's way, it's unlikely for the yuan to take over the greenback's position as the world's reserve currency of choice, said Green.

☆ UK experts are teaching Ukrainians to make can-sized bombs that can bring down buildings, report says
▼ + stars: | 2023-05-29 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

British explosive experts are teaching Ukrainians how to build can-sized bombs by hand. Similar technology was reportedly used to bring down a building on Russian troops in Bakhmut. The weapons have been used to target individual Russian soldiers and bring down Russian-held buildings, according to CNN. Similar technology was also used to bring down a building on dozens of Russian troops in Bakhmut, per CNN. As well as teaching Ukrainian soldiers how to build can-sized bombs, the British experts are bringing key components – including switches, microchips, and 3D printers – to Ukraine, according to CNN.

☆ Turkey election runoff 2023: what you need to know
▼ + stars: | 2023-05-28 | by ( ) www.reuters.com time to read: +6 min

[1/2] Women display flags with images of Turkish President Tayyip Erdogan next to an election campaign point, ahead of the May 28 presidential runoff vote, in Istanbul, Turkey May 25, 2023. Here is a guide to the runoff, the two candidates and the key issues as well as details on how the May 14 parliamentary election unfolded:PRESIDENTIAL VOTETurks will be electing a president for a five-year term. As president, Erdogan sets policy on Turkey's economy, security, domestic and international affairs. The ZP received 2.2% of votes in the parliamentary election. On foreign affairs, under Erdogan, Turkey has flexed military power in the Middle East and beyond, forged closer ties with Russia, and seen relations with the European Union and United States become increasingly strained.

☆ Days after Twitter blocked Turkish President Erdogan's political opponents from posting on the site, the increasingly authoritarian leader won re-election after a contested vote
▼ + stars: | 2023-05-28 | by ( Katherine Tangalakis-Lippert | Associated Press | ) www.businessinsider.com time to read: +3 min

Turkish President Recep Tayyip Erdogan has won re-election after a contested vote. A day before the election, Twitter blocked posts by Erdogan critics from being viewed in the country. Erdogan's increasingly authoritarian rule now extends into its third decade. "We will continue to be at the forefront of this struggle until real democracy comes to our country," Kilicdaroglu said in Ankara. He added that the people have shown their will "to change an authoritarian government despite all the pressures."

She had also survived a smaller earthquake in the southeastern province of Elazig in 2020, she said, and expected Mr. Erdogan to help now as he had helped then. “Otherwise, the people wouldn’t have voted for him.”Interviews with quake survivors indicated many reasons that the disaster had not changed their political outlook. Some whose homes were destroyed said they had more faith in Mr. Erdogan to rebuild the affected areas than they had in his challenger, the opposition leader Kemal Kilicdaroglu. There are empty lots where buildings that collapsed once stood and blue and white tents sheltering quake survivors are scattered around town. Instead of voting based on the government’s quake response, residents said they focused on other issues.

☆ Opinion: The ultimate ‘Succession’ lesson
▼ + stars: | 2023-05-28 | by ( Richard Galant | ) edition.cnn.com time to read: +13 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Walt Handlesman/Tribune Content AgencyIn a much more ominous vein, the theme of survival dominates the HBO show “Succession,” which is coming to an end Sunday. She’s so caught up in beating her brothers at the succession game that she can’t see this baby as anything but an obstacle.”“Ultimately, this storyline is a perfect encapsulation of the larger tragedy that is ‘Succession,’” Bodenheimer added. The contest for the 2024 GOP presidential nomination heated up last week with the official entry of Florida Gov. Ron DeSantis, former President Donald Trump’s strongest challenger in the polls.

But he fell just short of the 50% needed to avoid a runoff, in a race with profound consequences for Turkey itself and global geopolitics. His camp has struggled to regain momentum after the shock of trailing Erdogan in the first round. A closely-watched survey by pollster Konda for the runoff put support for Erdogan on 52.7% and Kilicdaroglu on 47.3% after distributing undecided voters. [1/5] Turkish President Tayyip Erdogan attends a rally, ahead of the May 28 presidential runoff vote, in Istanbul, Turkey May 27, 2023. Erdogan has fused religious and national pride, offering voters an aggressive anti-elitism," said Nicholas Danforth, Turkey historian and non-resident fellow at think tank ELIAMEP.

☆ DeSantis campaign tells nervous donors in leaked audio that voters will care more about a recession and Biden's age than the governor's anti-abortion record
▼ + stars: | 2023-05-27 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +6 min

Leaked audio from FloridaPolitics.com revealed that donors were concerned about DeSantis' abortion ban. The DeSantis campaign shared talking points with fundraisers over how to discuss the issue. Ron DeSantis campaign strategy as he kicks off his early state voting tour next week. Toward the end of the conversation, however, he acknowledged, "I totally understand how difficult that is when you're talking to a pro-choice donor." "I don't think if you're talking to a pro-choice voter you skip over it," he said.

☆ The DeSantis campaign will test whether Casey DeSantis can bring suburban women back to the GOP after Trump lost them
▼ + stars: | 2023-05-27 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +16 min

☆ Turkey election 2023: What's at stake in the runoff?
▼ + stars: | 2023-05-26 | by ( ) www.reuters.com time to read: +6 min

The election takes place three months after earthquakes in southeast Turkey killed more than 50,000 people. WHAT'S AT STAKE FOR TURKEY ... [1/2] People walk next to posters of Turkish President Tayyip Erdogan, ahead of the May 28 presidential runoff vote, in Istanbul, Turkey, May 25, 2023. Seeking a runoff boost from nationalist voters, Kilicdaroglu has in the last two weeks sharpened his anti-immigrant tone and promised to repatriate migrants. Pollsters later pointed to an unexpected surge in nationalist support at the ballot box to explain the result.

[1/2] An election campaign billboard of Kemal Kilicdaroglu, presidential candidate of Turkey's main opposition alliance, with a slogan that reads "Syrians will go! ", is pictured, ahead of the May 28 presidential runoff vote, in Istanbul, Turkey, May 25, 2023. "Most Syrians now feel as if the course of their entire lives depends on the results of the elections," he lamented. Like other regional leaders, Erdogan is also mending fences with Assad, raising the possibility of a rapprochement that could worry many Syrians in Turkey. He recounted an incident when a friend was robbed but feared he would be assaulted if he went to the police to illustrate the precarious position many Syrians feel themselves to be in in Turkey.

☆ What can we expect from Turkey's election runoff?
▼ + stars: | 2023-05-26 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsWhat can we expect from Turkey's election runoff? PostedTurks vote on Sunday (May 28) in a presidential election runoff between the incumbent Tayyip Erdogan and his challenger Kemal Kilicdaroglu that will decide whether the president extends his rule into a third decade. Fiona Jones reports.

☆ Boss of Goldman-backed digital bank Starling to step down next month
▼ + stars: | 2023-05-25 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

The co-founder of Starling, one of the U.K.'s largest digital banks, is set to step down as CEO next month, the company said Thursday. Anne Boden is to step down on June 30, according to a press release. She will hand the reins to Starling's chief operating officer, John Mountain, who has been with the bank since 2015. "I have spent nearly a decade here as both the founder and CEO, a dual role which is unique in U.K. banking," Boden said in a statement Thursday. As Starling continues to evolve and grow, separating my two roles is in the bank's best interests."

Persons: Starling, Goldman Sachs, Anne Boden, John Mountain, Boden, It's, I've Locations: U.S

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