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CNN —In 1930 George Hoyningen-Huene pulled off one of the greatest dupes in the history of photography. George Hoyningen-Huene Estate ArchivesRönngren said Huene was “like Forrest Gump. George Hoyningen-Huene Estate ArchivesAll this gossip and glamour would, of course, make great television: and Rönngren is now working on a Netflix drama about the photographer’s life and times. The Jaeger exhibition, which presents works, dating from 1927 to 1955, coincides with the publication of “George Hoyningen-Huene: Photography, Fashion, Film” by Susanna Brown (Thames & Hudson). Photographer George Hoyningen-Huene in the studio in Paris, 1937.
Persons: George Hoyningen, Huene, Horst P, Horst, Lee Miller, , “ George Hoyningen, Katherine Hepburn, Josephine Baker, Benjamin Jaeger, Steffi, ” Huene, Baron Barthold Theodor Hermann von Hoyningen, Tsar Nicholas II, Susannah Brown, George, Salvador Dalí, Weissmuller, Huene “, Tommy Rönngren, Asa, Tommy “, Rönngren, Forrest Gump, Joseph Pilates, Ava Gardner, Sophia Loren, George Cukor, Condé Nast, Cole Porter, “ sauvage, Greta Garbo, Marlene Dietrich, , Dietrich, Garbo, ’ ” Heune, Miriam Hopkins, Susanna Brown, Baker, Roger Schall, Lisa Fonssagrives, Irving Penn, Jaeger Organizations: CNN, Vogue, Cote, Jaeger Art, Jaeger, , British Army, Condé, Thames & Hudson, Nexus Hall, Neue, Hudson Locations: Paris, Russian, New York, Côte, Berlin, St Petersburg, England, France, Montmartre, Swedish, Huene, Horst’s, Stockholm, , Hollywood, revolté, Thames, Tokyo, Europe, Germany
What if athletes could sell a percentage of their future earnings to investors, the same way tech entrepreneurs offer a stake in their promising new ideas in return for venture capital? "We look at the game very, very differently than everyone else," Schwimer tells the pitcher. Finlete is launching a fund that allows fans to buy shares in a prospect's future earnings. What if you could sell a share of your future earnings, he asked, for $10,000? Today, he says, more than 80% of the players BLA has invested in are outside the league's top 300 prospects.
Persons: They're, Michael Schwimer, , Schwimer, BLA, haven't, Fernando Tatis Jr, We've, it's, Daniil, David Liberman, Garrett Broshuis, he'd, He'd, Houdini, Christian Petersen, Erik Kratz, Kratz, Cole Hamels, Hamels, Sean M, Marvin Bush, George W, Bush, Paul DePodesta, bankroll BLA's, Bill Miller, Miller, HBO's, Michael, Jeff Bezos, Bezos, I'd, I'm, Steven Duncker, Goldman Sachs, Elly De La Cruz, Dylan Buell, phenom, Scott Boras, Yermín Mercedes, Francisco Mejía, countersue Mejia, Gervon Dexter, they're, Dexter, Wharton, He's, he'll, isn't, scoffing, he's Organizations: Philadelphia Phillies, Big League, San Diego Padres, Benchmark Capital, Sports, Wharton Sports Business, MLB, University of Virginia, Partners, Phillies, Getty, AAA, Arizona Fall League, Ritz Carlton, Cleveland Browns, Dodgers, Cleveland Indians, Big League Advance, Chicago Bears, University of Florida, Huntsman, NCAA Locations: Maryland, Philadelphia, United States, baseball's, Latin America, America, Dominican Republic, Cleveland, Florida
Lunden and Olivia told me their mission as influencers was to "represent and inspire others to be their authentic self." Advertisement"I did feel represented by them," Asia said, but the tweets "showed me that they are still white women." "We are especially confident in our sexuality and the way that we feel and who we are," Olivia told me. Lunden and Olivia told me they want to advocate for all LGBTQ+ people, including those who don't look like them. It's a chance, the couple told me, to combat the hate and negativity LGBTQ+ parents face.
Persons: Lunden Stallings, Olivia Bennett, Monique Lhuillier, Lunden, Taylor Swift, Stallings, David Yurman, preppy, Olivia, TikTok, Kendrick Brinson, who's, you've, Madison Mathews, sunnies, peck, they'd, Brooklynites, Remington, Zeta Tau, Olivia DMed Lunden —, Justin Bieber, snapbacks, haven't, Lunden's, Ellie Goulding's, Olivia couldn't, Caroline Bayne, Lunden's TikTok, Zara, Mercedes, Sophie, It's, Jackie J, Jackie, There's, Bud Light, Dylan Mulvaney, influencers, They've, KenzKustomz, Krysten Stein, Black influencers, Stein, Hill, millennials Organizations: Naylor, People, Business, Alabama, Chevrolet, New York Post, Daily Mail, Madison, University of Central, Jacksonville State University, Zeta Tau Alpha, University of Alabama's, University, Minnesota, BI, Braves, Rover, Pride, Nielsen, Saks, University of Illinois Locations: Roswell , Georgia, Asia, Olivia, Charleston, LoveShackFancy, Powder Springs , Georgia, Atlanta, Blytheville , Arkansas, University of Central Arkansas, Alabama, Roswell, Austin, RushTok, Alpharetta, Charleston , South Carolina, Southern, Publix, Fayetteville , Arkansas, University of Illinois Chicago
Over 90% of Gen Zers and millennials said they're considering leaving their jobs, per a LinkedIn survey. The increase reflects young workers' desire for higher pay — but also confidence in the labor market. But as this uncertainty recedes, many young Americans appear ready to jump back into the job market. While these desires were prevalent among all generations, young Americans had the highest expectations for a pay bump in 2024. If young workers don't receive the raises or promotions they expect, this could provide them with additional motivation to leave their employers.
Persons: Gen Zers, millennials, , Zers, Gen Xers, Kantenga Organizations: Service, LinkedIn, Censuswide, Boomers, University of, Young
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEasing cycles 'could put upward pressure on the yen,' says analystIain Cunningham, head of multi-asset growth at Ninety One, discusses the yen and Japanese monetary policy.
Persons: Iain Cunningham
Four other members of our Iowa group settled on Haley in the end and were disappointed by the results. For me, it is the only option if DeSantis or Haley are not the Republican.”Caucus night in a precinct in Woodbury County, Iowa. “But I would vote for Trump and expect four more years of Biden. I think voting for Trump is voting to lose the election.”Why doesn’t Ebersole think Trump can win? So all of the Haley supporters in our Iowa group are, at least for now, prepared to vote for Trump in November.
Persons: Chris Mudd, Donald Trump, , , Ron DeSantis, Nikki Haley, Mudd, texted, Haley, Shanen Ebersole, Biden, That’s, ” Priscilla Forsyth, ” Trump, Trump, Betsy Sarcone, can’t, Sarcone, “ Biden, Jaclyn Taylor, “ Trump, Priscilla Forsyth Ebersole Organizations: CNN, Republican Party, Iowa, Florida Gov, South, Trump, GOP, Biden, Republican, ” Caucus Locations: Iowa, Florida, South Carolina, Ringgold County , Iowa, Ringgold, Sioux City, Forsyth, Des Moines, Woodbury County , Iowa
Extreme weather is a prime concern for business leaders and politicians. About two-thirds of 1,400 respondents are worried about extreme weather, per its Global Risks Report. Extreme weather and critical changes to Earth's systems are the greatest long-term concern for politicians and business leaders, according to the World Economic Forum's Global Risks Report 2024. It gathered the views of some 1,400 global risks experts, policy-makers, and industry leaders surveyed in September 2023. Related storiesThe researchers found that misinformation and disinformation were the biggest short-term risks, while extreme weather was the greatest long-term concern.
Persons: Saadia Zahidi, John Scott of Organizations: Economic, Service, Economic Forum, John Scott of Zurich Insurance Locations: Davos, Switzerland
High food prices are Americans' top concern about the economy, according to Morning Consult. Ninety percent of individuals said they were very or somewhat concerned about grocery and food prices , higher than any other factor surveyed. In part, these concerns can be attributed to rising food prices over the last few years. AdvertisementHigh food prices could be a key reason for this disconnect, Aaron Terrazas, Glassdoor's chief economist, told Business Insider. If Americans are hoping for cheaper food prices to come next year, they're unlikely to get their wish.
Persons: , it's, Joe Biden's, Aaron Terrazas, haven't, Terrazas, Biden, McDonald's Organizations: Service, Bloomberg, Bureau of Labor Statistics, Business, US Department of Agriculture, Social Security Administration
DUBAI, Dec 4 (Reuters) - Abu Dhabi will host the newly launched Global Climate Finance Centre in partnership with nine founding members including the World Bank, lender HSBC (HSBA.L) and asset managers BlackRock (BLK.N) and Ninety One (N91.L). Described as an independent think-tank and research hub, the centre will look at barriers to investment into low-carbon projects and develop the financial frameworks to overcome them. "It will put Abu Dhabi and the UAE at the forefront of driving global change in sustainable finance, providing a positive legacy for years to come," COP28 President Sultan Al Jaber said in a statement on Monday. Reporting by Maha El-Dahan and Simon Jessop; editing by William JamesOur Standards: The Thomson Reuters Trust Principles.
Persons: Abu, Sultan Al Jaber, Maha El, Simon Jessop, William James Our Organizations: Climate Finance, World Bank, HSBC, BlackRock, Thomson Locations: DUBAI, Abu Dhabi, UAE
Kyiv, Ukraine CNN —Taras Ratushnyy remembers receiving a phone call from his son Roman during Ukraine’s deadly 2013 Maidan Revolution. Both his parents were previously activists and journalists; his mother Svitlana Povalyaeva, also a writer and poet, took part in the Maidan Revolution alongside her two sons. A young Roman Ratushnyy, who joined the Maidan Revolution at just 16 years old. It was the 10th anniversary of the Maidan protests; Taras had just one day at home before he returned to the battlefield. CNNFighting for a European futureThe Maidan protests were sparked by Ukraine’s then-President Viktor Yanukovych abruptly scrapping a trade deal with the European Union.
Persons: Ukraine CNN — Taras Ratushnyy, Roman, , ” Roman, Taras, blaring, Svitlana Povalyaeva, Ratushnyy, Volodymyr Zelensky, , ” Taras, Taras Ratushnyy, Ukraine’s, Viktor Yanukovych, Yanukovych –, Vladimir Putin, , , Efrem, Marci Shore, Molotov, Yanukovych, Roman –, Boris Dralyuk, I’ll, Genya Savilov Organizations: Ukraine CNN —, CNN, European Union, Supporters, Europe, Getty Locations: Kyiv, Ukraine, Kyiv’s, Europe, Russia, Crimea, Izium, Ukraine’s Kharkiv Oblast, Moscow, Independence, Russia’s, Maidan, , Ukraine’s, Sumy Oblast, Ukrainian, American, AFP
Most grandparents offer some form of financial help to their children and grandchildren. Between inflation, rising housing costs, and increasing interest rates, it makes sense that grandparents and parents may want to help support their children and grandchildren financially. If parents weren't supporting their adult children, they'd have almost $3,000 more annually to put into their retirement funds, that same research found. Studies show that many grandparents are sabotaging their own financial future to help their adult children and grandchildren." Or grandparents might consider cohabitating with adult children and grandchildren to save money.
Persons: , I'd, Cyrus Bamji, Savings.com, Bamji, it's, there's, Baby Boomers, Roth Organizations: Service, Alliance, Lifetime, AARP, Alliance for Lifetime
[1/9] A vehicle carrying hostages released as part of a deal between Israel and Palestinian Islamist group Hamas, drives by, in Ofakim, Israel, November 30, 2023. Israel, according to the reports, is demanding at least 10 hostages be released on Thursday, with women and children prioritised. Fighters should "remain on such footing unless an official statement is issued confirming the extension of the truce," the statement added. Two Palestinian officials earlier told Reuters that talks were continuing over a possible extension of the truce, but no agreement had yet been reached. Hamas released 16 more hostages on Wednesday, the final day of a two-day extension to the truce.
Persons: Alexander Ermochenko, Antony Blinken, we'll, Blinken, prioritised, Joe Biden, Beinin, Majed Al, Ansari, Jordan, U.N, Antonio Guterres, Nidal al, Mohammed Salem, Emily Rose, Grant McCool, Lincoln, Cynthia Osterman, Raju Gopalakrishnan Organizations: Hamas, REUTERS, U.S, Brigades, Reuters, Health, Qatar’s Ministry of Foreign Affairs, . Security Council, Security, Thomson Locations: Israel, Palestinian, Ofakim, GAZA, JERUSALEM, Gaza, Tel Aviv, Brussels, Hamas, U.S, Dutch, Qatar, China, Cairo, Jerusalem
Of the many strengths of “Southern/Modern,” a daring and revisionist show about the American South at the Georgia Museum of Art in Athens, the one that follows you out to your car is the alternate history of modern art it proposes. Southern art — or food or literature, for that matter — has long suffered a reputation of isolation. You would have to be born there,” says the tortured Quentin in William Faulkner’s “Absalom, Absalom!” Ninety years later, Southern exceptionalism is over (mostly), and the area’s artists and curators and chefs now go to great, overcorrective lengths to be global, to be modern. But the artists of Faulkner’s day — they were still responding to an ancient, haunted South. These 100 or so paintings and prints suggest an invigorating direction that was there all along: a pungent pairing of social history with artistic experiment during the first half of the 20th century.
Persons: , Quentin, William Faulkner’s “ Absalom, Absalom ! ”, Mason, Organizations: Georgia Museum of Art, Dixon, Museum of Modern Art Locations: Athens, Southern exceptionalism, Florida, Arkansas, Missouri, New York
A memorial service for Rosalynn Carter was held in Atlanta on Tuesday, November 28. In attendance were all living US first ladies and the 99-year-old Jimmy Carter. Rosalynn Carter died on November 19, in her hometown of Plains, Ga., at the age of 96. AdvertisementNinety-nine-year-old former President Jimmy Carter, ten months into home hospice care, attended the memorial service for his wife, Rosalynn, on Tuesday. The former first lady died on November 19 at home in Plains, Georgia, at age 96.
Persons: Rosalynn Carter, Jimmy Carter, , Rosalynn, hadn't, Doug Emhoff Organizations: Service Locations: Atlanta, Plains , Ga, Georgia, Plains , Georgia
The traditional gingerbread White House recreates the classic story by featuring a sugar cookie replica of the book along with Santa's sleigh flying above the grounds. The White House released a fact sheet and was allowing the news media to see all the trees, lights and ornaments before the first lady’s event. National Guard families, who were joining Biden as part of Joining Forces, her White House initiative to show appreciation for military families, will be among the first members of the public to see the decorations. The official White House Menorah is on display in the Cross Hall, which runs between the State Dining Room and the East Room. Seventy-two wreaths sporting red ribbons adorn the north and south exteriors of the White House.
Persons: Jill Biden, , decorators, Fraser, Organizations: WASHINGTON, White, National Guard, Biden, Forces, North American, Disney, Cross Locations: China
Taylor Swift attends the "Taylor Swift: The Eras Tour" Concert Movie World Premiere at AMC The Grove 14 on October 11, 2023 in Los Angeles, California. Seventeen percent of those surveyed reported having "very positive" views of Swift, while 22% had "somewhat positive" views. Meanwhile, just 9% reported having "very negative" views, with 7% saying they have "somewhat negative" views of her. The poll also tested voters' views of pop singer Beyoncé Knowles-Carter. And 33% of voters reported positive views of her, while 40% said they view her neutrally and 20% said they have negative views of her.
Persons: Taylor Swift, Swift, Joe Biden, Kamala Harris, Mike Johnson, Donald Trump, Ron DeSantis, Nikki Haley — Swift, Beyoncé Knowles, Carter, Beyoncé Organizations: AMC, NBC News, Florida Gov Locations: Los Angeles , California, Florida
And while the local government says Berlin has sufficient space to build over 100,000 apartments, there is no sign the housing crisis gripping the city will ease. But as Europe's largest economy teeters near recession, economists warn that high rents will feed inflation and reduce household consumption. In Berlin, local opposition has frustrated plans to build, while regulation creates a two-tier rental market that is cheap for some long-term tenants and expensive for new renters. Rising property demand saw private companies develop luxury apartments that offered a higher yield - in part, Buch said, because government permissioning for more affordable housing projects was so slow. OPPOSITIONSome building projects have since faced local opposition while a recent attempt to curb rent increases backfired.
Persons: Lisi Niesner, Rolf Buch, Buch, you've, Konstantin Kholodilin, Marwa, Monika Neugebauer, Goldman Sachs, Neugebauer, Gesa Crockford, Martin Pallgen, Anna Hohnrath, Hohnrath, Matthias Inverardi, Matthias Williams, Catherine Evans Organizations: Berlin, REUTERS, Rights, Vonovia, Reuters, DIVISION, International Union of Tenants, European, West, Foreigners, Thomson Locations: Berlin, Germany, San Francisco, California, City, Tempelhof, Valencia, Spain
Scientists say such extreme weather is becoming increasingly common globally because of climate change, which also intensifies the effects of El Nino. Never before has Lake Titicaca dried up like it is now. Experts say many of the factors contributing to the shrinking of Lake Titicaca could be linked to climate change. In global terms we have climate change, and phenomena such as El Nino and La Nina, which cause floods and droughts." Back at Lake Titicaca, Fredy Aruquipa, the person in charge of monitoring the lake's water level, watches it decline daily.
Persons: Alex Flores, Claudia Morales, Manuel Flores, El, Flores, Xavier Lazzaro, Rodney Camargo, La Nina, Fredy Aruquipa, Monica Machicao, Sergio Limachi, Isabel Woodford, Adam Jourdan, Andrea Ricci Organizations: REUTERS, El, Friends, Nature Foundation, El Nino, La, Thomson Locations: Lake Titicaca, Bolivia, South, El Alto, El Nino, Titicaca, United States, Asia
His foreign-focused, large-cap growth fund is in the top 9% of its category in 2023 with a 4.8% gain compared to a 0.5% loss for its index, according to Morningstar. "And so we don't recalibrate the portfolio much year in, year out or rebalance it for different macro outlooks." Target top-of-the-line stocks, but pay a fair priceUnlike many other managers, Erickson only allows a few dozen stocks in his fund. 8 top investments to make nowMany US-based investors avoid international stocks entirely since the prevailing narrative is that the group is risky, given its heightened exposure to geopolitical conflict. International stocks in four sectors look especially promising right now, Erickson said: consumer discretionary, consumer staples, healthcare, and information technology.
Persons: Elias Erickson, he's, Morningstar, Erickson, We're, It's, there's Organizations: Companies, SAP, Mastercard Locations: New York
Strikes in a western Ukrainian city blew out windows at a nuclear power plant, once again raising safety concerns. An elderly civilian woman stands with a cat on the balcony of her destroyed house in the Ukrainian city of Avdiivka on Thursday. In the city of Avdiivka, Ukraine claimed it had been successful in repelling assaults and taking out large numbers of Russian soldiers. “It is highly likely that the target for these drones was the Khmelnytsky Nuclear Power Plant,” he said. The Zaporizhzhia Nuclear Power Plant, close to the front line and occupied by Russian troops since March 2022, has been the main focus of concern.
Persons: John Kirby, ” Kirby, , Russia’s, Vlada, , Volodymyr Zelensky, CNN Avdiivka, Kupiansk, Zelensky, Oleksandr Prokudin, Rafael Mariano Grossi, ” Grossi Organizations: CNN, White House, National Security, Russian, Khmelnytsky Nuclear Locations: Ukraine, Russia, Ukrainian, Avdiivka, Moscow, Oskil, Kherson, Dnipro, Kherson region, Beryslav, , Nova
PremiumsFrederic Cirou | Photoalto | Getty ImagesThe premium is the sum you pay an insurer each month to participate in a health plan. It's perhaps the most transparent and easy-to-understand cost component of a health plan — the equivalent of a sticker price. The average co-insurance rate for consumers is 19% for primary care and 20% for specialty care, according to KFF data. For example, would you struggle to pay a $1,000 medical bill if you require health care? If so, a health plan with a larger monthly premium and a smaller deductible may be your best bet, Sun said.
Persons: Frederic Cirou, Karen Pollitz, Luis Alvarez, you've, KFF, Pollitz, McClanahan, there's, Winnie Sun, She's, Sun, Carolyn McClanahan Organizations: Sdi, Photoalto, Kaiser Family Foundation, CNBC, Digitalvision, Getty, Kaiser Family Foundation Health, Network Health, Sun Group Wealth Partners, CNBC's FA Locations: Aetna, Irvine , California, CNBC's
Doubts abound about a new Alzheimer’s blood test
  + stars: | 2023-10-18 | by ( Judith Graham | ) edition.cnn.com   time to read: +10 min
The Quest Diagnostics blood test, AD-Detect, measures elevated levels of amyloid-beta proteins, a signature characteristic of Alzheimer’s. But Alzheimer’s researchers and clinicians aren’t convinced the Quest test is backed by sound scientific research. Though blood tests for Alzheimer’s are likely to become common in the years ahead, the Alzheimer’s Association said it’s premature to offer a test of this kind directly to consumers. Because the science behind blood tests for Alzheimer’s is still developing and because “patients may not really understand the uncertainty of test results,” Edelmayer said, the Alzheimer’s Association “does not endorse the use of the AD-Detect test by consumers.”Quest’s blood test is one of several developments altering the landscape of Alzheimer’s care in the United States. The bottom line: Before taking a test, “older adults need to ask themselves, ‘Why do I want to know this?
Persons: aren’t, Alzheimer’s, Michael Racke, , there’s, Suzanne Schindler, St . Louis, That’s, ” Schindler, Racke, Meera Sheffrin, , Rebecca Edelmayer, ” Edelmayer, Eric Widera, Dr, Sanjay Gupta, Emily Largent, ’ ”, Munro Cullum Organizations: Health, Diagnostics, Alzheimer’s Association, Quest, University of Michigan, International Conference, Washington University School of Medicine, Senior, Stanford Healthcare, The University of Michigan, FDA, National Institute, Aging, University of California, Get CNN, CNN Health, University, Pennsylvania’s Perelman, of Medicine, HIPAA, University of Texas Southwestern Medical Center, Kaiser Health, KFF Locations: U.S, San Diego, St ., United States, San Francisco
CNN —Russia is campaigning for a return to the United Nations’ Human Rights Council – after being suspended just last year for invading Ukraine. Russia’s war in Ukraine war is still grinding on, and several UN human rights investigations have accused Moscow of committing human rights abuses. The Human Rights Council is made up of 47 member states, distributed by geographic region and elected by fellow nations. Russia joined the Human Rights Council in January 2021. “Every day Russia and China remind us by committing abuses on a massive scale that they should not be members of the UN Human Rights Council,” Human Rights Watch UN director Louis Charbonneau said.
Persons: Vladimir Putin, Russia –, , Louis Charbonneau, , Cuba –, Vassily Nebenzia, ” Jason Evans Organizations: CNN, United Nations, Human Rights, Ukraine wanes, Human, UN, Assembly, Security Council, Eastern European, Albania, UN Human Rights, Rights Watch UN, Locations: Russia, Ukraine, Moscow, New York, North Korea, UN, Gabon, Bulgaria, Libya, China, Cuba, Iran, Syria, Vietnam, Brazil, South Africa, Mexico, Egypt, Saudi Arabia, Burundi, Russian, Kharkiv, Hroza
While most traders are waiting on the sidelines, anxious about the election and unsure of libertarian frontrunner Javier Milei, some daring bond investors are moving in. "There has been a lot of pain from being invested in Argentina over the past decade," Reed said. Rob Citrone, founder of U.S.-based hedge fund Discovery Capital Management, said Argentina presented one of the best opportunities in emerging markets. The depressed values offer another reason to be bullish on Argentina's debt, said Thomas Haugaard, a portfolio manager on the emerging markets debt hard currency team at Janus Henderson Investments in Copenhagen. Armando Armenta, an analyst for Latin American fixed-income and currency markets at AllianceBernstein in New York, said it was a mixed picture.
Persons: Javier Milei, Cristina Sille, Milei, Patricia Bullrich, Sergio Massa, Christine Reed, Reed, Bullrich, Mauricio Macri's, Massa, Rob Citrone, Cristina Fernandez de Kirchner, Fernandez de Kirchner, Thomas Haugaard, Janus Henderson, Haugaard, Morgan Stanley, Armando Armenta, Milei's, Rodrigo Campos, Carolina Mandl, Adam Jourdan, Paul Simao Organizations: Argentine, REUTERS, Peronist, International Monetary Fund, U.S, Discovery Capital Management, Reuters Graphics Reuters, BancTrust, Reuters, Janus, Janus Henderson Investments, Thomson Locations: Buenos Aires, Argentina, New York, Ghana, Sri Lanka, Copenhagen, Congress, AllianceBernstein
The south Asian country is building the first of two nuclear power plants in collaboration with Russian state-owned atomic company Rosatom. Ninety percent of the project is financed through a Russian loan repayable within 28 years with a 10-year grace period. "Today is a day of pride and joy for the people of Bangladesh," Prime Minister Sheikh Hasina said during a video conference with Russian President Vladimir Putin that the Russian Embassy in Bangladesh called a "nuclear fuel delivery ceremony" in a Facebook post. Due to U.S. sanctions on Moscow, Bangladesh in December denied entry to a Russian ship carrying equipment for the plant. Reporting by Ruma Paul; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.
Persons: Vladimir Putin, Sheikh Hasina, Rafael Grossi, Sergei Lavrov, Ruma Paul, Richard Chang Organizations: Bangladeshi, International Atomic Energy Agency, IAEA, Russian Embassy, Thomson Locations: DHAKA, Bangladesh, Russian, U.S, Washington, Moscow, Ukraine
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