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Yen carry trade unwind is not done yet, says strategist
  + stars: | 2024-09-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYen carry trade unwind is not done yet, says strategistFrancis Tan of CA Indosuez Wealth Management says the the yen is still undervalued versus the U.S. dollar, adding that he sees more room for further appreciation of the Japanese currency.
Persons: Francis Tan of Organizations: Francis Tan of CA Indosuez Wealth Management, U.S . Locations: Francis Tan of CA
Solstock | E+ | Getty Images'We fritter money away every single day'While you are still going to spend money on fixed essentials like a car payment or monthly rent, "No Spend September" is about being thoughtful in how you're spending money, said Francis, who is a member of CNBC's Financial Advisor Council. When it comes to her own finances, Szafarski believes September can also be a "good time to reset" because it's easy to spend money in the summer, she said. "Depriving yourself for long periods of time can create a boomerang effect of spending," Francis said. To that point, here's a guideline of how to benefit from No Spend September. "Are there things you're spending money on that you don't really need or you're not really using?"
Persons: Francis, Szafarski, Francis said Organizations: CNBC's
ABOARD THE PAPAL FLIGHT — Pope Francis on Friday criticized both former U.S. President Donald Trump over his plan to deport millions of immigrants and Vice President Kamala Harris over her stance supporting abortion rights. Although the pope did not use Trump and Harris’ names, he referred specifically to their policies and their genders. Pope Francis arrives at a press conference onboard the papal plane. You must vote.”“You must choose the lesser evil,” he said. “Who is the lesser evil?
Persons: — Pope Francis, Donald Trump, Kamala Harris, , Francis, Trump, Harris, Pope Francis, Guglielmo Mangiapane, Trump’s, ” Trump, Dobbs, , ” Francis Organizations: U.S, Congress Locations: Rome, Singapore, Southeast Asia, Oceania, Pennsylvania, Wisconsin, U.S
CNN —Donald Trump wanted to spend this week attacking one of Democratic rival Kamala Harris’ biggest political vulnerabilities. The promotion of the claims overshadowed a series of speeches aimed at the economy and blaming Harris for border security failures. However, during Tuesday’s debate, Trump’s attacks on Harris over immigration veered into the outrageous, as he falsely claimed that migrants are eating dogs and cats in Springfield. Democratic National Committee rapid response director Alex Floyd on Friday highlighted Trump’s relationship with Loomer and other controversial allies. We’re going to be spending a lot more time in Pennsylvania,” Harris told reporters at a bookstore in Johnstown on Friday.
Persons: Donald Trump, Kamala Harris ’, Trump’s, Harris, Trump, Ohio Sen, JD Vance, , ” Trump, , “ It’s, Joe Biden’s, Biden, ” Biden, brunch, Springfield Mayor Rob Rue, Vance –, ” Rue, Pope Francis, lambasting Harris, Vance, “ Don’t, Kamala Harris, Loomer, Laura Loomer, She’s, that’s, Alex Floyd, ” Harris, SSRS, , CNN’s Kit Maher, Betsy Klein, Ebony Davis, Kate Sullivan Organizations: CNN, Democratic, White, Springfield Police Division, Springfield City School District, Springfield Mayor, Trump, GOP, Democratic National Committee, Pennsylvania Trump, Trump’s Locations: Ohio, Arizona, Nevada, California, Springfield , Ohio, Springfield, Clark County, Haiti, United States, Venezuelan, Aurora , Colorado, Aurora, El Salvador, Guatemala, Honduras, America, Springfield “, Trump, Pennsylvania, Philadelphia, Pittsburgh, – Cambria, Luzerne, Johnstown
Pope Francis on Friday criticized both former U.S. President Donald Trump over his plan to deport millions of immigrants and Vice President Kamala Harris over her stance supporting abortion rights. He said U.S. Catholics would have to "choose the lesser evil" when they vote in November, without elaborating. Although the pope did not use Trump and Harris' names, he referred specifically to their policies and their genders. "You must choose the lesser evil," he said. "Who is the lesser evil?
Persons: Pope Francis, Donald Trump, Kamala Harris, Francis, Trump, Harris, Trump's, Dobbs Organizations: U.S, Congress Locations: Rome, Singapore, Southeast Asia, Oceania, Pennsylvania, Wisconsin, U.S
CNN —Pope Francis on Friday described the choice US voters must make in the presidential election as one between the “lesser of two evils,” deeming former President Donald Trump’s anti-migrant policies and Vice President Kamala Harris’ support of abortion rights as both being “against life.”“One must choose the lesser of two evils. Who is the lesser of two evils? I don’t know,” Francis said during a press conference on the papal plane, referring to Harris and Trump. To send away a child from the womb of the mother is an assassination, because there is life. This is a breaking news story and will be updated.
Persons: Pope Francis, Donald Trump’s, Kamala Harris ’, , ” Francis, Harris, Trump, Francis Organizations: CNN, Friday, Catholic Church
See behind the scenes aboard Pope Francis’ plane
  + stars: | 2024-09-13 | by ( Max Burnell | ) edition.cnn.com   time to read: 1 min
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SINGAPORE — Pope Francis on Thursday urged political leaders in Singapore, a leading global financial hub, to seek fair wages for the country’s million-plus lower-paid foreign workers. “These workers contribute a great deal to society and should be guaranteed a fair wage,” he said. Many of the migrant workers come from nearby countries such as Malaysia, China, Bangladesh and India. A Singapore NGO that provides services for migrant workers, Humanitarian Organisation for Migration Economics, welcomed the pope’s remarks, saying they were in “full agreement” with his call for fair wages. The Vatican said Francis’ Mass drew some 50,000 people to Singapore’s national sports stadium.
Persons: Pope Francis, , Francis, Francis ’, Tharman Shanmugaratnam, Lawrence Wong, Tiziana Fabi, Getty Images Francis, Singapore’s, John Paul II, Singapore, ” Francis, Taylor Swift, Connie Rodriguez, , Cardinal Stephen Chow Sau Organizations: Singapore NGO, Organisation, Migration Economics, Tiziana, Getty Images, Getty, Catholic Locations: SINGAPORE, Singapore, Southeast Asia, Oceania, Malaysia, China, Bangladesh, India, Philippines, Papua New Guinea, AFP, Hong Kong, Indonesia, East Timor, Rome
SINGAPORE — Pope Francis arrived in Singapore on Wednesday from East Timor, on the final leg of an ambitious 12-day journey across Southeast Asia and Oceania. The pope will also hold private meetings with President Tharman Shanmugaratnam, Prime Minister Lawrence Wong, and former Prime Minister Lee Hsien Loong. Francis is only the second pope to visit Singapore, following a brief five-hour layover by the late John Paul II in 1986. On landing in Singapore, Francis was met by Edwin Tong, the Minister for Culture, Community and Youth, and received flowers from local schoolchildren. Francis’ 12-day tour has also included stops in Indonesia and Papua New Guinea.
Persons: Pope Francis, Tharman Shanmugaratnam, Lawrence Wong, Lee Hsien Loong, Francis, John Paul II, Edwin Tong, Francis ’ Organizations: Aero Dili, Culture ,, Youth Locations: SINGAPORE, Singapore, East Timor, Southeast Asia, Oceania, Dili, East Timor’s, Rome, Indonesia, Papua New Guinea
Almost half the population of East Timor, the most Catholic nation outside Vatican City, attended a Mass presided over by Pope Francis on Tuesday on the third leg of his Asia trip. An estimated 600,000 people packed the seaside park of Tasitolu near the capital, Dili, the Vatican told reporters, citing local authorities. But the Vatican has also admitted it concealed sexual abuse by members of the clergy in East Timor, including key figures in the independence movement. Francis, 87, is the first pope to visit East Timor since it became an independent state in 2002. “We have the opportunity to see the pope face to face.”The Mass was held at the same site where St. John Paul II, the last pope to visit East Timor, celebrated a historic liturgy in 1989.
Persons: Pope Francis, Francis, “ Viva, Francisco, , Lucrecia Nono, , John Paul II, John Paul Organizations: Vatican City, Vatican, Catholic Locations: East Timor, Vatican, Asia, Tasitolu, Dili, Indonesia, Papua New Guinea, Singapore
Flooding rainfall, powerful winds and potentially life-threatening storm surge could pummel parts of the upper Texas and Louisiana coastlines as Francine passes through. In addition to a hurricane warning in Louisiana, tropical storm warnings and watches have been issued along a stretch of the Louisiana and Texas coast. A storm surge warning has also been issued from High Island, Texas, to the mouth of the Mississippi River. Storm surge and rough surf could also cause minor flooding on the Mexico coast early this week. Storm surge will begin to ramp up as Francine nears landfall, causing normally dry areas to be inundated with several feet of water.
Persons: Francine, Louisiana’s, It’s, Jeff Landry, Louisiana’s Cameron Parish, Ida, Francis, “ Francine Organizations: CNN, National Hurricane Center, Louisiana and, Gov, Federal Emergency Management Agency Locations: Gulf, Louisiana, Texas, Mexico, Mississippi, Louisiana and Texas, High Island , Texas, Louisiana’s Cameron, Jefferson Parish’s, Grand Isle, St, Mary, Terrebonne, Terrebonne Parish, Jefferson, Orleans, New Orleans, In Mississippi, . Texas
Production at a key Samsung Electronics plant in southern India was disrupted by hundreds of employees striking for higher wages on Tuesday, as top executives sought to resolve a rare episode of labor unrest. Posters saying “Indefinite Strike” went up outside the factory near the city of Chennai, where hundreds of workers in company uniforms set up tents to shade themselves from the heat. People shop inside a store selling Samsung mobile phones and electronics at Mumbai, India on March 6, 2023. A spokesperson for Samsung India said on Monday that it actively engaged with workers “to address any grievances they may have and comply with all laws and regulations.”Around 800 workers signed a register outside the factory to record their protest. One poster outside the factory exhorted state labor officials not to support management, advising instead: “Discuss and solve demands from the labor union with union officials.”
Persons: E, Muthukumar, Francis Mascarenhas, Veera Raghava Rao, , , Prabhu Ram Organizations: Samsung Electronics, Samsung, India’s, LG Electronics, Reuters, Centre of Indian Trade Unions, Samsung’s Southwest, JB, India, Samsung India, Cybermedia Research Locations: India, South Korea, Sriperumbudur, Chennai, Seoul, Samsung’s, Samsung’s Southwest Asia, Gurugram, New Delhi, Mumbai
Dili, East Timor CNN —Pope Francis received a rapturous welcome from the tiny Southeast Asian nation of East Timor, one of the world’s most Catholic countries, where more than half the population is expected to turn out for an open-air mass on Tuesday. People wait for Pope Francis to arrive at the Cathedral of the Immaculate Conception in Dili, East Timor, on September 10, 2024. Pope Francis greets Catholic worshipers in Dili, East Timor, on September 10, 2024. Four hundred years of ensuing Portuguese colonial rule led to the widespread spread of Catholicism in East Timor and other cultural differences from Muslim-majority Indonesia. East Timor is also on track to become the 11th member of the Southeast Asian bloc ASEAN, which could happen next year.
Persons: East Timor CNN — Pope Francis, Francis, Pope Francis, Firdia, , Willy Kurniawan, Francis ’, Carlos Ximenes Belo, Pope Francis ’, Pope John Paul II, Christina Kheng, ” Pope Francis, Guglielmo Mangiapane, Bishop Belo, Jose Ramos, Belo, Groene Amsterdammer, defrocked, Richard Daschbach, Xanana Gusmao, Mary, Bishop, Suharto’s Organizations: East Timor CNN, Timor Leste, Catholic Church, Timor, CNN, Asian Pastoral Institute, Reuters, US, Australia, Southeast, ASEAN, Vatican, Belo, East Timor, Jakarta, UN Locations: Dili, East Timor, Asia, strollers, Dili , East Timor, Timor, Indonesia, Papua New Guinea, Singapore, Australia, Portuguese, East, United States, Horta, Portugal, Santa Cruz, East Timor’s, Bishop Belo, Indonesian, Jakarta, Australian
While it might look like there's a flurry of advertising hiring, industry insiders say the reality is more sobering. AdvertisementLegacy media companies have sharply cut staff in recent years, including sales, and those jobs aren't coming back. Disney has said it plans to automate half its ad sales. "The number of good job opportunities are few and far between because the large media companies are not hiring as quickly. "Ad sales is no longer ad sales," said Gary Stolkin, global CEO of The Talent Business, a global executive search firm specializing in the creative industries.
Persons: , they've, Jean, Paul Colaco, aren't, Dave Morgan, Lisa Valentino, David Lawenda, David Zaslav, David Ellison's, Christopher Vollmer, Simon Francis, Peter Naylor, Brian Lesser, Lesser, WPP's, Roku, Harry Kargman, Kargman, Krishan Bhatia, Gary Stolkin, Stolkin, who's Organizations: Service, Netflix, Business, Disney, Paramount, Warner Bros, NBA, Companies, MediaLink, TV, Media, Flock Associates, Progressive, Mobile, The Talent Locations: Teads, NBCUniversal
Breaking Dawn was one of two places that opened in the San Francisco Bay Area last spring emphasizing brunch. Asian American restaurants in other cities have also found that sweet and savory spot between breakfast and lunch. Jessica Nguyen, 28, who was finishing brunch at Breaking Dawn, says she’ll almost always choose Asian brunch over regular eggs or waffles. Within the last few decades, Asian and Asian American cuisine has become more popular through media and savvy foodies. She doesn’t see other restaurants with Asian brunch as rivals.
Persons: Dawn, Liz Truong, Terry Tang, , Truong, Lerspreuk, Thanasit “ Toto ” Nanthasitsira, yum, , Chef Francis Ang, buttered, Jessica Nguyen, she’ll, Nguyen, Martin Manalansan, ” Manalansan, “ It’s, There’s, Eric Silverstein, Silverstein, we’re, ” Silverstein Organizations: GATOS, FO, Breaking, San Francisco Bay Area, NBC Asian Locations: Calif, Bay, sunnyside, Los Gatos, San Francisco Bay, San Mateo, Thailand, Francisco’s, China , Hong Kong, Taiwan, Austin , Texas, Tokyo, Atlanta, NBC Asian America
The Stockholm International Water Institute (SIWI), a non-profit with expertise in water governance, has said that even amid a possible rise in social conflicts and violence, "water can be a bridge to peaceful negotiations rather than a trigger or weapon of war." The severity of the global water crisis has been further underlined by an alarming rise in the number of security incidents. Egypt-Ethiopia tensionsVillanova University's Galgano identified nine international river basins as flashpoints in which conflict is either already taking place or the potential for armed conflict is high. These included the Nile Basin in Africa, the Tigris-Euphrates River Basins of southwestern Asia and the Helmand and Harirud Rivers along the border of Afghanistan and Iran. Major international river basins in conflict.
Persons: Hamed, Francis Galgano, You've, you've, Galgano, Idrees Mohammed, Villanova University's Galgano, Harirud Rivers, GERD, They've, Recep Tayyip Erdogan, Hussein Faleh Organizations: Afp, Getty, Villanova University in, CNBC, Department, Environment, Villanova University, Stockholm International Water Institute, World Resources Institute, Bharatiya Janata Party, BJP, Control, Villanova Locations: Lake Urmia, Iran, Villanova University in Pennsylvania, transboundary, Stockholm, Bengaluru, Mexico's, Tehran, India, Egypt, Ethiopia, Africa, Asia, Helmand, Harirud, Afghanistan, Turkey, Syria, Iraq, Iraq's, Basra
In past interviews with CNBC Make It and other publications, many centenarians credited their diet for living a long, healthy life. Elizabeth Francis, 115Elizabeth Francis, the oldest living person in the U.S. who is 115 years old, told ABC 13, that she eats "everything." Deborah Szekely, 102At 102 years old, Deborah Szekely still helps to run her fitness resort and spa three times a week. Lunch: Salad at home, she said, or lunch at restaurants. Her diet is very similar to the Mediterranean diet, and it includes fish, whole grains and fruits and vegetables.
Persons: Elizabeth Francis, Francis, Ethel Harrison, TODAY.com, Harrison, Deborah Szekely, Szekely, Shirley Hodes, Hodes, Daisy McFadden Organizations: CNBC, ABC Locations: U.S
Can This Woman Save the United States?
  + stars: | 2024-08-09 | by ( Jesse Pesta | ) www.nytimes.com   time to read: +1 min
Susan Gibbs needs to find a new parking spot, fast. And not just any parking spot will do. A ship named the United States that Ms. Gibbs has come to adore. Ms. Gibbs’s grandfather William Francis Gibbs was a famous ship designer, and the United States was his masterwork. Ms. Gibbs, 62, works in Washington at a private foundation where her primary focus is eradicating genital cutting of women.
Persons: Susan Gibbs, Mona Lisa, Gibbs, Gibbs’s, William Francis Gibbs, Organizations: Chrysler Locations: United States, Washington
The crowd condemned long-time Venezuelan socialist president Nicolas Maduro after he said he beat opponent Edmundo González Urrutia in Sunday’s election. “It’s really, really, really a congregation that we see all around the world that we showed to the world that it was a fraud and Venezuela deserved freedom,” said Gabriel Duque. Many are hopeful their voices will be heard and they can go back to their home country again soon. If you ask a regular Venezuelan, he’s going to tell you that he wants Maduro to leave because we want to go back to our country. And as soon as we remove Nicolás Maduro, you’re going to see, you’re going to witness all Venezuelans going back to our country because we never want to left,” Morin said.
Persons: MIAMI —, Nicolas Maduro, Edmundo González Urrutia, González Urrutia, Antony Blinken, Pope Francis, , , Alfredo Leon, Maria Teresa Morin, Chandan Khanna, Ysbael Bello, Daniella Levine Cava, Joe Carollo, “ It’s, Gabriel Duque, Maduro, ” Morin, ” Leon Organizations: MIAMI, Venezuelan, Getty, Local, Dade, Miami City, Doral Mayor Locations: Downtown Miami, Venezuelan, Sunday’s, U.S, South Florida, Miami, Dade County, Doral Mayor Christi Fraga, Venezuela
Voices across the globe expressed concern Sunday over the growing number of arrests in Venezuela following last weekend’s disputed elections. The AP processed almost 24,000 images of tally sheets, representing the results from 79% of voting machines. According to the calculations, the González received 6.89 million votes, nearly half a million more than the government says Maduro won. The tabulations also show Maduro received 3.13 million votes from the tally sheets released. On Thursday, the governments of the three countries issued a joint statement calling on Venezuela’s electoral authorities “to move forward expeditiously and publicly release” detailed voting data.
Persons: Pope Francis, Nicolás Maduro, Maduro, Jon, Biden, , Edmundo González, María Corina Machado —, Machado braved, ” Machado, González, Nicolas Maduro, Matias Delacroix, ” Maduro, , , Venezuela’s, Gonzalez, Elvis Amoroso Organizations: Deputy National, CBS, ” Authorities, Associated Press, Maduro, Saturday, Electoral Council, AP, Electoral Locations: Venezuela, Venezuelan, Caracas, U.S, France, Spain, Germany, Italy, , Brazil, Colombia, Mexico
On a 91-degree day in June, a group of 20- and 30-somethings in sundresses and Bermuda shorts was navigating a dimly lit cocktail lounge whose air-conditioning was on the fritz. It didn’t matter: Cocktails with names like the Ghost Writer were flowing, and patrons were posing in front of a velvet emerald curtain, holding “Team Daisy” and “Team Gatsby” hand fans emblazoned with the faces of Eva Noblezada and Jeremy Jordan, the stars of the Broadway musical “The Great Gatsby.”Flickering candles adorned tables at the side of the room, where people colored in silhouettes of the character Myrtle Wilson, a social climber in the musical, and filled out trivia sheets with questions like “Is Gatsby in East or West Egg?” Silver gift bags filled with miniature bottles of Champagne and “Old Sport” stickers sat on a table by the door. “We are in the Gatsby era,” said Francis Dominic, 31, a lifestyle and travel influencer, alluding to the Broadway musical and “Gatsby,” another high-profile stage adaptation of the F. Scott Fitzgerald novel that last week ended its run at American Repertory Theater in Cambridge, Mass., and is also aiming for Broadway.
Persons: fritz, Daisy ”, Gatsby, Eva Noblezada, Jeremy Jordan, Myrtle Wilson, , Francis Dominic, Scott Fitzgerald Organizations: , Repertory Theater, Broadway Locations: sundresses, Bermuda, Gatsby, East, Champagne, Cambridge
Eugenicists used photographs and IQ tests to determine which people were "inferior," and sterilized those who didn't measure up — which usually turned out to be anyone who wasn't white and rich. Before he worked with photographs, Kosinski was interested in Facebook. It's just picking up on the way gay people present themselves on dating sites — which, not surprisingly, is often very different from the way straight people present themselves to potential partners. Kosinski thinks AI's ability to make the kind of personality judgments he studies will only get better. That is the future Kosinski fears — even as he continues to tinker with the very models that prove it will come to pass.
Persons: Michal Kosinski, Kosinski, I'm, they'd, isn't, Oppenheimer, David Stillwell, Stillwell, aren't, Brian Stauffer, Aleksandr Kogan, Donald Trump, , Kosinski isn't, MAGA, Bernie bros, Alexander Todorov, It's, they've, — Francis Galton, Ronald Fisher, Karl Pearson —, Aubrey Clayton, Hitler, Trump, They're, Adam Rogers Organizations: Stanford University, Kosinski, Facebook, Cambridge, Cambridge Psychometrics, National Academy of Sciences, Psychometrics, BI, intuit, Guardian, Rights, GLAAD, Stanford, HRC, University of Chicago, US Supreme, tinker, Business Locations: California, Stanford, Kosinski, Russia
CNN —Venezuela’s Public Ministry has opened a criminal investigation into presidential candidate Edmundo González Urrutia and opposition leader María Corina Machado, the country’s Attorney General Tarek William Saab said in a statement on Monday. The opposition, which enjoyed strong polling figures prior to the vote, says it won by a landslide. Machado said last week that González won by a landslide, and posted on X a link to what she says are the results from Sunday’s election. The US, among the countries that consider González the winner, said last week that it was“clear” President Maduro lost the popular vote. Protests broke out across Venezuela following the vote, which saw the government detain hundreds of opposition supporters.
Persons: Edmundo González Urrutia, María Corina Machado, Tarek William Saab, Nicolas Maduro, , González, Machado, Maduro, , Federico Parra, implore Maduro, Pope Francis Organizations: CNN, Venezuela’s, Ministry, Public Ministry, police, Electoral Council, Getty Locations: AFP, Venezuela, Latin America
Read previewTwo female extras who spoke out about Francis Ford Coppola's behavior on the set of "Megalopolis" have shared markedly different accounts of working with the filmmaker. However, according to one of the actors in the video, Coppola "did nothing to make me or for that matter anyone on set feel uncomfortable." "He was nothing but professional, a gentleman, he was like this cute Italian grandfather, running around the set," Menz added. Advertisement"I don't appreciate anybody speaking for me," Pagone told Variety on August 2 in reaction to Menz's comments. However, he previously addressed the Guardian report in an interview with The New York Times published in June, before the set video leaked.
Persons: , Francis Ford, Coppola, Menz, Lauren Pagone, Pagone, Francis Ford Coppola, I've, I'm Organizations: Service, Variety, Business, Guardian, The New York Times
The video, released by the Baltimore Police Department this week to NBC affiliate WBAL of Baltimore, shows the officers' stunned reactions after the enormous structure was taken down. The officer arrives at 1:48 a.m. and asks an officer already at the scene: "Is that the Key Bridge collapsed?" "Yeah it's the whole bridge, a ship lost its steering and the whole bridge is down in the river," he responds. The original officer, struggling to take in the size of the disaster then says: "I mean, that's the Key Bridge ... "That's a long fall," one officer says of the missing construction workers.
Persons: Baltimore's Francis Scott Key, Dali, Francis Scott Key, Al Drago, Julio Cervantes Suarez, , Brian Wolfe, WBAL Organizations: Baltimore Police Department, NBC, Francis Scott Key Bridge, Bloomberg, Getty, NBC News, Maryland Transport Authority Locations: , Baltimore, Maryland
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