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CNN —Boar’s Head will close the Virginia plant that produced deli meat products tied to a deadly listeria outbreak, the company said on Friday. The move is part of several changes made after what it called a “dark moment in our company’s history.” Boar’s Head said it will permanently discontinue sales of liverwurst after an investigation found its production process was the root cause of the listeria contamination. It will also appoint a new food safety officer and food safety council made up of independent industry experts. But a USDA Notice of Suspension for the Virginia facility, shared by Boar’s Head, describes “inadequate controls” that allowed equipment and employees to move throughout the facility, potentially spreading bacteria. The agency called it the largest listeria outbreak since one linked to cantaloupe in 2011.
Persons: CNN — Boar’s, ” Boar’s, Boar’s, Dr, Sanjay Gupta, , what’s Organizations: CNN, Department of Agriculture’s, CNN Health, Centers for Disease Control, listeria, CDC Locations: Virginia, Jarratt , Virginia, Jarratt
Chinese regulators on Friday hit PwC's auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 million) over the firm's audit of troubled property developer China Evergrande Group . "PwC has seriously eroded the basis of law and good faith, and damaged investors' interest," said the China Securities Regulatory Commission (CSRC) in a statement. PwC Zhong Tian, the registered accounting entity and the main onshore arm of PwC in China, was the country's top-earning auditor in 2022, according to the latest official data. "The cost is enormous in reputation, affecting the ability to get new business in China beyond the fine. PwC also deliberately excluded properties that Evergrande marked as "not allowed to visit" from audit samples, it added.
Persons: Zhong Tian, PwC, Gary Ng, PwC Zhong Tian, PwC Zhong, Daniel Li, Hemione Hudson, CSRC Organizations: China Evergrande Group, Big, China Securities Regulatory Commission, China's Ministry of Finance Locations: China, PwC, Asia, Pacific, Guangzhou, Hong Kong, New York
The next highest level was found in cinnamon powder from EGN (2.91 ppm), followed by Mimi’s Products ground cinnamon (2.03 ppm), ShopRite Bowl & Basket ground cinnamon (1.82 ppm), Rani Brand ground cinnamon (1.39 ppm), Zara Foods cinnamon powder (1.27 ppm), Three Rivers cinnamon stick powder (1.26 ppm), Yu Yee Brand five spice powder (1.25 ppm), BaiLiFeng five spice powder (1.15 ppm), Spicy King five spices powder (1.05 ppm), Badia cinnamon powder (1.03 ppm) and Deep cinnamon powder (1.02 ppm). told CNN via email that the company’s ground cinnamon products comply with all federal and international law. These include ground cinnamon and organic ground cinnamon sold by 365 Whole Foods Market, which contained 0.12 ppm and 0.02 ppm of lead, respectively. Morton & Bassett San Francisco 100% organic ground cinnamon, Loisa organic cinnamon and Sadaf cinnamon powder tested at 0.04 ppm of lead. The latest, published in August, listed 10 different cinnamon products with levels as high as 3.93 ppm of lead.
Persons: Paras, Rani, Yu Yee, EGN, Mimi’s, Nuria Lambert, Karen O’Shea, Alina Lasta, ” Guitar, Bassett, James Rogers, ” Rogers, Rogers, , Dr.Pieter Cohen, Cohen, we’re, ” Cohen, Courtney Rhodes, Rhodes Organizations: CNN, Consumer Reports, Mimi’s, ShopRite, Consumer, Mimi’s Products, Wakefern Food Corp, Badia Spices, FDA, American Spice Trade Association, World Health Organization, Food and Agriculture Organization, United, New York State Department of Health, US Environmental Protection Agency, WHO, Morton, Bassett San, WanaBana, Weis, Food and Drug Administration, Cambridge Health Alliance, Biden, Food Locations: Zara, Badia, United Nations, New York, Connecticut , New Jersey, Bassett San Francisco, Ecuador, Schnucks, Somerville , Massachusetts
Here’s what we know – and don’t – about China’s space plane. The term “space plane” often evokes NASA’s Space Shuttle, which flew 135 missions from 1981 to 2011, carrying astronauts into orbit and helping to construct the International Space Station. Hulton Archive/Getty ImagesWhat do we know about China’s space plane program? China’s space plane development comes as a growing number of countries are paying attention to the deepening connections between security on Earth and in space – and vying for so-called counterspace technologies with the potential to disrupt or even destroy adversaries’ assets in space. But observers have also raised questions about the activities of the space plane, including its own deployment of multiple small satellites.
Persons: , “ It’s, Chance Saltzman, NASA's, , It’s, , Juliana Suess, Clayton Swope, Joe Skipper, Brendan Mulvaney Organizations: Hong Kong CNN, Boeing, Xinhua, Shuttle, Space, Space Force, Columbia, NASA's Kennedy Space Center, US Space Shuttle, Hulton, China Aerospace Science, Technology Corporation, Royal United Services Institute, Aerospace Security, Center for Strategic, International Studies, SpaceX, Earth, US Space Force, United, Foundation, China Aerospace Studies Institute, US Air Force Locations: China, Hong Kong, United States, Soviet, , Florida, Xinjiang, London, Washington
Hong Kong CNN —A Chinese investment bank known for making some of the biggest deals in the country’s tech sector during its heyday has revealed it received a massive bill for 78 million yuan ($11 million) related to the disappearance of its star banker, Bao Fan. The request for payment from unspecified Chinese authorities only deepens the mystery surrounding the whereabouts of Bao, who founded boutique investment bank China Renaissance in Beijing in 2005 and made it one of the top dealmakers for Chinese tech firms. He helped broker the 2015 merger between two of the country’s leading food delivery services, Meituan and Dianping. In February 2023, China Renaissance reported him missing amid a wider anti-corruption crackdown. CNN has reached out to the investment bank for additional information.
Persons: Bao Fan, Bao, Mr Bao, Zhonghui, Deloitte Touche Tohmatsu Organizations: Hong Kong CNN, Economic Observer, Central Commission, CNN, Financial Times, China Renaissance, Zhonghui Anda CPA, Deloitte Locations: China, Hong Kong, Beijing, Dianping, Bao, Zhonghui Anda
North Korean leader Kim Jong Un visits a uranium enrichment facility, which produces weapon-grade nuclear materials, in a photo published by North Korean state media on Friday, September 13, 2024. “By showing highly enriched uranium and production facilities, they are sending a message that the world must recognize North Korea as a nuclear state. By disclosing these facilities, Kim Jong Un is saying that denuclearization of North Korea is unrealistic,” he told CNN. The disclosure comes at a time of heightened tensions between North Korea and the West, with the US and its allies accusing North Korea of providing substantial military aid to Russia’s war effort in Ukraine. North Korea is believed to have several sites for enriching uranium.
Persons: Kim Jong, Kim, “ Kim, , Ankit Panda, Stanton, Kim Jong Un, Vladimir Putin, I’m, Martyn Williams, it’s Organizations: South Korea CNN, Korean Central News Agency, Carnegie Endowment, International, Korean, North, North Korean, Ewha Womans University, CNN, Stimson Locations: Seoul, South Korea, North Korea, Russia, West, North Korean, Korea, Ukraine, Moscow, Pyongyang, Korean, Russian
Read previewBritish and American forces recently intercepted a drug-smuggling narco-sub carrying millions of dollars worth of Cocaine in the Caribbean Sea. Military photos show the bust, which was the first time the Royal Navy had ever intercepted a narco-sub. The Trent team has seized over 20,000 pounds of drugs in the past eight months, valued at almost $1 billion. AdvertisementThe Trent team is now the best hunter of smugglers in the Royal Navy this century. Related storiesAfter the Royal Navy and US Coast Guard retrieved the drugs, they brought them aboard for inspection.
Persons: , HMS, clambered, Tim Langford, HMS Trent's, Simon Doran, Kevin Ray J, Salvador Organizations: Service, American, Royal Navy, Business, US Coast Guard personnel, American Coast Guard, Royal Marine commandos, Trent, Royal, USCG, US Coast Guard, US Marine Corps, Marine Corps, Corps, . Marine Corps Locations: Caribbean, HMS Trent, Dominican Republic
China begins anti-dumping probe into Canadian rapeseed
  + stars: | 2024-09-10 | by ( ) www.cnbc.com   time to read: +1 min
Cooking oils made from canola from Canada and soybeans are offered for sale at a grocery store on April 26, 2022 in Chicago, Illinois. China announced on Monday the start of a one-year anti-dumping investigation into imports of rapeseed from Canada, just weeks before Ottawa's 100% tariffs on Chinese-made electric vehicles and other products come into force. There has been growing trade tension between Beijing and the West in recent weeks after Canada, the United States and the European Union opted to impose tariffs on imports of electric vehicles from China. While noting that Canada adheres to "rules-based trade," Canadian Minister of Agriculture Lawrence MacAulay said the country's products meet the highest standards and its inspection systems are robust. Chinese President Xi Jinping met with Spanish Prime Minister Pedro Sanchez on Monday in a bid to avoid a broad trade war.
Persons: Agriculture Lawrence MacAulay, Xi Jinping, Pedro Sanchez Organizations: European Union, Agriculture, Spanish Locations: Canada, Chicago , Illinois, China, rapeseed, Beijing, United States
Mary Clare: We rented in Burlington for four years, which at this point has been the most expensive place I've lived so far. Mary Clare: Our real estate agent kept pushing us outside of our budget, like over $200,000 more. Courtesy of Ian and Mary Clare ArmstrongIan: I was on Facebook Marketplace to actually look for land. Courtesy of Ian and Mary Clare ArmstrongIan: Now, it's got a sink with a foot pump and fresh water tanks. AdvertisementMary Clare: Living here definitely helped put us in a spot where we were even more prepared to buy a home.
Persons: , Mary Clare Armstrong, Mary Clare, Ian, Mary Clare Armstrong Ian, I'm, Ian Armstrong Mary Clare, I'd, it's, Mary Clare Armstrong Mary Clare, van, We're, they'll Organizations: Service, Facebook, Business, Indiana University, Rockies, Ikon Locations: Vermont, Burlington, Indiana, Arizona, New York , Ohio , Indiana , Illinois , Iowa , Nebraska, Colorado, Moab, Utah, New Mexico, Texas , Oklahoma, Arkansas, Then Tennessee, Bloomington , Indiana, Rocky, Iowa, America, Montpelier , Vermont
Europe’s air safety regulator ordered inspections on engines of a flagship Airbus jet on Thursday, after a fire broke out during a Cathay Pacific flight. The move affects the larger of two models of twin-engined A350, the A350-1000, which represents 15% of the A350 fleet or 86 jets. Video Ad Feedback Cathay Pacific grounds dozens of flights amid worries over Airbus A350 engines 01:54 - Source: CNNRolls-Royce and Airbus said earlier they were working closely with authorities to comply with the planned directive. EASA said the fire had caused heat damage to the engine housing, including ducts used for reverse-thrust on landing. Airbus and Rolls sought to address airlines’ questions on Thursday during their first closed briefings since Monday’s incident.
Persons: Florian Guillermet, EASA, ” Guillermet, Rolls Organizations: Airbus, Cathay, European Union Aviation Safety Agency, Royce, CNN, Reuters, Boeing, Airlines Locations: Hong Kong, Cathay Pacific, Cathay, Zurich
Read previewRon Allanach, 74, and his partner Ben Lorgeranon moved to Vancouver from New England in 2005, thinking they would stay there for their retirements. The city is safer than he imagined, prices for nearly everything are much lower, and healthcare is more reliable. Allanach said they felt safer in Mérida than in the US or Canada, and prices were lower. They stayed there between trips back to Vancouver, and they moved to Mérida fully in 2020. AdvertisementA street in Mérida, Mexico.
Persons: , Ron Allanach, Ben Lorgeranon, Allanach, Mérida, they've, Mexico Allanach, Lorgeranon, couldn't, it's, Allanach's, that's, he's, Mercado Lucas de Gálvez Organizations: Service, Business, US Postal Inspection Service, Costco Locations: Vancouver from New England, Mérida, Mexico, Vancouver, Canada, Portland , Maine, Portland, Thailand, France, Yucatán, Angeles, expat, they're
Posts with obviously AI-generated images and confusing captions sometimes receive thousands of likes and hundreds of comments and shares. “The Facebook Feed … at times shows users AI-generated images even when they do not follow the Pages posting those images. Experts who track this kind of online behavior say there are likely several different kinds of actors behind the Facebook spam, with varying motives. Meta also automatically labels AI-generated images created with its own tools. However, there are still ways for users to strip out that metadata (or create AI images without it) to evade detection.
Persons: you’re, , , Ben Decker, Erin Logan, De Marco, Lewis Hine, Hany Farid, Amy Couch ”, Kris, influencer, We’ve, Amy Couch, Renee DiResta, Josh Goldstein, David Evan Harris, Harris, ” Harris, cheeseburgers, Jair, Bolsonaro, ” Farid, Meta Organizations: New, New York CNN, Facebook, Meta, National Child Labor, Google, Library of Congress, CNN, UC Berkeley, “ Cubs, Stanford, Georgetown, Media Locations: New York, TikTok, New Jersey, Meta
The head of the U.N. nuclear watchdog has pushed back against Moscow's calls for further objectivity, following an inspection at the nuclear facility in the embattled Russian region of Kursk. Last week, Russia accused Ukraine of attempting a drone strike at the Kursk nuclear plant during a lightning cross-border incursion that has been under way since early August and which Moscow is still trying to repel. "The spokesperson of the Russian ministry of foreign affairs rightly says, be objective. We are saying here that this nuclear power plant ... is within range of a potential artillery strike, which means that the danger exists. On Thursday, Grossi explained that the Kursk nuclear plant contains reactors of the Soviet RBMK-type, similar to the ones present in the Chernobyl facility, which suffered one of the worst nuclear disasters in history in 1986.
Persons: Rafael Grossi, Moscow's, CNBC's, Maria Zakharova, Grossi Organizations: International Atomic Energy Agency, of Governors, CNBC, Ukrainian Ministry of Foreign Affairs, Wednesday, IAEA, Sputnik, Ria Novosti Locations: Vienna, Austria, Russian, Kursk, Russia, Ukraine, Moscow, Kiev, Soviet
MEMPHIS, Tenn. — A federal grand jury heard testimony Tuesday about a scam to steal the Graceland estate from Elvis Presley’s family. The Odell Horton Federal Building, in downtown Memphis, houses several federal offices, including the U.S. District Court for the Western District of Tennessee. Elvis Presley's Graceland estate was the target of a scam. Ariel J. CobbertPhilbrick was in Memphis on Monday with a friend to tour the Graceland estate before testifying before the grand jury on Tuesday. (A representative for the Graceland estate did not respond to a request for comment.)
Persons: Elvis Presley’s, Rasheed Jeremy Carballo, Lisa Holden, Holden, Lisa Marie Presley’s, Micah McCoy, NBC News Holden, Lisa Marie Presley, Elvis ’, ” Carballo, Kimberly Philbrick, Kevin Ritz’s, Odell Horton, Ariel J, Cobbert, Philbrick, Holden’s, “ Lisa, , Maria Tazbaz, ” Tazbaz, , Elvis Presley's Graceland, Cobbert Kimberley Philbrick, Cobbert Philbrick, Graceland, ” Philbrick Organizations: NBC News, Holden, Naussany Investments, NBC, FBI, U.S, Western, of, U.S . Postal Inspection Locations: MEMPHIS, Tenn, , Branson , Missouri, Graceland, Memphis, U.S, of Tennessee
Condo owners unable to pay an assessment can be foreclosed on by their condo association. After that, she plans to move back into her Florida condo, but in the meantime, she’s been living with her adult son. But that’s what happens when prior boards don’t do their job.”But the decision ended up pitting the building’s owners against each other, with some owners saying the work was unnecessary. “These guys ruined my early retirement plan.”Lopez, who helped craft the legislation, said she is looking for ways to provide relief to condo owners once Florida’s Legislature reconvenes next year. Stone would like to see the state Legislature give buildings and condo owners more time to comply with the regulations so they would be able to spread out the costs.
Persons: Janet Stone, she’s, ’ ”, Stone, We’ve, , Vicki Lopez, , , Greg Batista, he’s, reapplied, ” Stone, Krista Goodrich, they’ve, Batista, Joseph Hernandez, Edgardo Defortuna, ” Defortuna, Jeremy Maurice, Maurice, ” Maurice, Steve Davis, Cristian Murray, ” Murray, ” Lopez, reconvenes, “ I’m, I’m Organizations: Florida House, NBC, Yacht, Surfside, Condo, realtors, Statewide, Dade, University of Miami Locations: Florida’s, Las Vegas, Ormond Beach , Florida, Florida, Champlain, Miami, , Daytona Beach, Orlando, Miami Beach, Hollywood , Florida, Ormond Beach, Redfin, Volusia County, South, Dade County
The incomplete artifact is on display in the High Hall exhibition at Sutton Hoo in Suffolk, England. A researcher excavates part of the Bromeswell bucket from the trench at Sutton Hoo. Based on the forms of Greek letters at the top of the artifact, researchers think the vessel was already 100 years old when it arrived at Sutton Hoo, Howarth said. Future research at Sutton Hoo could reveal the broader history of the site and what kept drawing people to inhabit it over time, Howarth said. The aim of this project is to look at the landscape and think about who was inhabiting it and how that fits into the wider Sutton Hoo story.”
Persons: Count, David Brun, , Laura Howarth, Howarth, James Dobson, ’ ” Howarth, Angus Wainwright, , David Brunetti, ” Howarth, Sutton, Edith Pretty Organizations: CNN, Sutton, harrow, National Trust ., National Trust, Field, Specialists, Heritage, Hoo, , British Museum Locations: Suffolk, England, Hoo, African, Sutton Hoo, Byzantine, Antioch, Turkey, Britain, Sutton, Hampshire, East Anglia, what’s, Sri Lanka
Turkey restores access to Instagram after 9-day block
  + stars: | 2024-08-10 | by ( ) www.cnbc.com   time to read: +2 min
PARIS, FRANCE - OCTOBER 07: In this photo illustration, social media, Instagram and Threads application logos are displayed on the screen of a smartphone on October 07, 2019 in Paris, France. The social network Instagram launched last week Threads its new application to promote the constant and intimate sharing between users and their closest friends. (Photo by Chesnot/Getty Images)Turkey said on Saturday it had restored access to social media platform Instagram after the company agreed to cooperate with authorities to address the government's concerns. Turkey blocked access to the social media platform on Aug 2 for failing to comply with the country's "laws and rules" and public sensitivities. This is the country's longest ban of a major social media platform in recent years," Internet monitor NetBlocks said.
Persons: Instagram, Ismail Haniyeh, Abdulkadir Uraloglu, Uraloglu, Meta, NetBlocks Organizations: Chesnot, Hamas, Israel, West, Infrastructure, Reuters Locations: PARIS, FRANCE, Paris, France, Turkey, Gaza, India, United States, Brazil, Indonesia
Why 'wardrobing' retail fraud soars in the summer
  + stars: | 2024-08-07 | by ( Lori Ann Larocco | ) www.cnbc.com   time to read: +5 min
A particular type of retail fraud soars during the summer season. Scot Case, executive director of the Center for Retail Sustainability at the National Retail Federation, said wardrobing can drive up costs and waste for retailers if the product can no longer be resold. "As companies build and integrate take back programs to repair and resell used items, returns take on a new role, fueling a new circular market." The average value of a returned item for Optoro's customers is $85. The highest item value reported as returned in the survey was $200.
Persons: Amena Ali, Optoro, Ali, TJ Maxx, coverup, Scot Case, Stephen Lamar, Lamar, Stephen Lamar's Organizations: CNBC, Center for Retail Sustainability, National Retail Federation, Eagle Outfitters, American Apparel and Footwear Association Locations: recommerce
Inside the sole unit without air conditioning at Mississippi’s largest prison, inmates hang wet sheets from their cell ceilings to dampen the air and lay drenched towels strategically across their bodies. It remained unclear how severe the temperatures inside Unit 29 have been this summer. “But if they need to have air conditioning, they ought to have air conditioning. Lawmakers in Texas and other states without universal air conditioning have balked at the cost of installing it. At Parchman, inmates said heat is but one factor that leaves them feeling forgotten.
Persons: , Parchman, Jay, Yo Gotti, , Burl Cain, MDOC, Roc, Jordan Siev, Reed Smith, Marcy Croft, Department’s, Tate Reeves, Otis Anthony, Cain, ” Anthony, Brown, Nicole Montagno, ” Montagno Organizations: Mississippi, Penitentiary, U.S . Justice Department, Justice Department’s Civil Rights Division, Justice Department, of Corrections, Mississippi Department of Corrections, Justice, Mississippi Today, NBC News, Mississippi State, MJ, Republican Gov, Democratic, State Rep, Democrat, Initiative, Harvard, Lawmakers Locations: Parchman, Mississippi, New York, South, Texas, Boston, U.S
A recall of Boar's Head products has expanded to include a whopping 7 million additional pounds of deli and poultry items in a deadly multistate outbreak of listeria infections. As of Tuesday, 34 people have gotten sick across 13 states in the outbreak — including 33 hospitalizations and two deaths. Last week, the deli meat company had recalled more than 207,000 pounds of deli meat, including liverwurst and ham products, because they may contain the bacteria Listeria monocytogenes. Boar's Head has now expanded that recall, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) announced in a press release Tuesday. Boar's Head said in a statement on its website that it had initiated the recall after a liverwurst sample collected by the Maryland Department of Health had tested positive for listeria.
Persons: Boar's Organizations: U.S . Department of Agriculture's, Inspection, Brand, Maryland Department of Health, The Maryland Department of Health, Baltimore City Health Department, Centers for Disease Control, Mayo Clinic, CDC Locations: Montebello , California, Illinois, New Jersey, Cayman Islands, Dominican Republic, Mexico, Panama, Virginia, U.S
Ninety companies are using the AI, which can detect violations from uploaded photos and videos. This article is part of "CXO AI Playbook" — straight talk from business leaders on how they're testing and using AI. But Goetsch said Soter's AI platform could identify hazards, risks, and violations within about 30 seconds. Soter said about 90 companies were using SoterGenius, including Delta Air Lines, Ramp Health, Boston Children's Hospital, and the insurance brokerage Marsh. For example, Goetsch said one company using SoterGenius recently purchased electric forklifts and installed charging stations.
Persons: , We've, Soter, Mike Goetsch, Goetsch, SoterGenius, it's, What's Organizations: Service, Ikea, DHL, Occupational Safety, Health Administration, Federal Aviation Administration, Delta Air Lines, Health, Boston Children's Hospital Locations: London
The Federal Aviation Administration has approved SpaceX to resume flights of its mainstay Falcon 9 rocket after a brief grounding, with Elon Musk's company planning to launch its next mission carrying satellites as soon as Saturday. The FAA clearance came just 15 days after the rocket suffered a rare inflight failure while in orbit during a launch of Starlink satellites. During the July 11 launch, the rocket's lower first stage, or booster — powered by nine engines — operated as expected before returning to land. A loose clamp for that tube and the intense vibration of the rocket's engine led to cracking, the company said. That cracked sense line resulted in a leak of liquid oxygen, causing damage to the rocket's engine when it attempted to restart in space.
Persons: Elon Organizations: Federal Aviation Administration, SpaceX, Falcon, FAA, CNBC
Hypersonic missiles are weapons that are capable of achieving sustained speeds in excess of Mach 5 while maneuvering. It is a true hypersonic weapon that operates and maneuvers in a high-altitude hypersonic regime," Paul Sudlow from Lockheed Martin Missiles and Fire Control previously told Sandboxx News. AdvertisementAdding the Mako missile to America's stealth fightersA render of an F-35 equipped with Mako missiles. Designed in a 'digital engineering ecosystem'A render shows the Mako hypersonic missile in flight. Leon Neal/Getty ImagesOne of the biggest challenges facing the laundry list of hypersonic weapons in active development for the US military is cost.
Persons: , Lockheed Martin, Mako, Paul Sudlow, Sudlow, Nano Calvo, Northrop Grumman, Rick Loy, Lockheed Martin's, Lockheed, Lockheed Martin Lockheed Martin, Leon Neal Organizations: Service, Mako, Lockheed, US Air Force, US Navy, Business, Lockheed Martin Missiles, Control, Sandboxx, Air, Sandboxx News, EA, AIM, Air Force, Navy, Marine Corps, Getty, US Air, Northrop, Naval News, Visitors, Defense Department, Congressional Locations: Mako, Lockheed Martin Europe, London
The dilapidated BRP Sierra Madre ship of the Philippine Navy is anchored near Second Thomas Shoal in the Spratly group of islands in the South China Sea. Beijing claims “indisputable sovereignty” over almost all of the 1.3 million-square-mile South China Sea, and most of the islands and sandbars within it, including many features that are hundreds of miles from mainland China. Under President Ferdinand “Bongbong” Marcos Jr, the Philippines has taken increasingly assertive steps to protect its claim to shoals in the South China Sea, leading to several confrontations off the Philippine islands. The US is not a claimant to the South China Sea, but says the waters are crucial to its national interest of guaranteeing free passage through seas worldwide. A close up view taken on March 29, 2014 of the BRP Sierra Madre beached near the Second Thomas Shoal, part of the Spratly Islands in the South China Sea.
Persons: Hong Kong CNN —, Shoal, Ren’ai Jiao, , Mao Ning, pushback, Ritchie, Ferdinand “ Bongbong ” Marcos Jr, Marcos, Jake Sullivan, ” Sullivan, Thomas Shoal, Erik de Castro, Gregory Poling, , ” Derek Grossman Organizations: Hong Kong CNN, BRP Sierra Madre, Foreign Ministry, The Philippine Department of Foreign Affairs, BRP, Philippine Navy, coastguard, US Navy, Aspen Security, US National, Reuters, Transparency Initiative, RAND Corporation Locations: Hong Kong, South, Manila, Beijing, Philippine, Spratly, Philippines, China, Palawan, Madre, South China, Second, The Philippines, Malaysia, Vietnam, Brunei, Taiwan, The Hague, Scarborough, BRP Sierra Madre, Washington, United States, Sierra Madre, BRP Sierra, Asia
Read previewIn 2019, at the age of 23, Lauren Simpson and her husband Ian decided to pursue an ambitious goal: retire by age 35. The rest is from the equity they've built in four properties they've purchased over the last three years: one primary residence and three rental properties. These properties also provide the couple with rental income that they put toward their savings. When someone buys a second home or investment property, mortgage lenders often require a downpayment of at least 10%. In addition to buying investment properties, Simpson said she and Ian have done whatever they can to grow their savings.
Persons: , Lauren Simpson, Ian, Simpson, Roth, they've, New Hampshire — Simpson, we've Organizations: Service, Business, FIRE, Roth IRA, baseball Locations: New Hampshire, Florida,
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