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The people who work the levers of Japan’s economy are in a bind: The country’s low interest rates, which they have long used to goose growth, are now well out of step with other big economies. The yen is at a near-record low against the U.S. dollar, threatening to inflict prolonged inflation on Japan, which for years suffered the opposite problem. On Tuesday, the central bank, the Bank of Japan, tried to thread the needle, announcing a policy that aims to nudge bond yields higher. Decisions by the Bank of Japan, led by Governor Kazuo Ueda, reverberate around the world, especially in American markets. Interest rates in the United States are well above Japan’s — yields on 10-year U.S. Treasury notes briefly pushed above 5 percent in September, a level not seen since 2007.
Persons: Kazuo Ueda Organizations: U.S ., Bank of Japan, Treasury Locations: Japan, Tokyo, reverberate, United States
Detroit's hourly labor costs could soar to $90 an hour, according to one estimate. At Tesla and foreign car companies, that same hourly labor cost sits between $45 and $55 per hour, industry experts estimate. AdvertisementAdvertisementHeading into contract talks this summer, the labor cost gap between the Detroit Three and Tesla was already sizable. While Ford, GM, and Stellantis were spending about $66 an hour on their factory workers, Tesla was spending just $45 an hour. Throughout the strike, Detroit executives warned of the advantage higher labor costs would hand to their competitors.
Persons: , That's, Tesla, Wedbush, Bill Ford, Shawn Fain, Fain Organizations: UAW, Service, Detroit, United Auto Workers, Ford, GM, Tesla, Toyota, Honda, Volkswagen Locations: Wells
According to the United Nations, there are now some 5.9 million Palestinian refugees worldwide, most of them descendants of that 1948 generation of exiles. The struggle of the Palestinians is felt especially keenly in Jordan, where more than half of the population is either Palestinian or of Palestinian descent – including more than two million Palestinian refugees. But that passion for the Palestinian cause resonates across the Arab world that is home to more than 450 million people. Young people from across the Arab world have chanted the very same rallying cries their parents and grandparents chanted before them. Leon Neal/Getty Images“For much of the Arab world, the question of Palestine represents the last colonized Arab people trying to gain their freedom,” said H.A.
Persons: Hussein, Abdel, Munim Dababsheh, Israel, Hatem Moussa, Gazans, Antony Blinken, Blinken, Abdel Fattah el, Sisi, , Dababsheh, won’t, , Mustafa Hamarneh, ” Hamarneh, CNN’s Clarissa Ward, Rahma Zein, Leon Neal, Ahmed El, Saied, Alya, Bezalel Smotrich, Itamar Ben Gvir, Meir Kahane, Ben Gvir’s, Ayala Nimrodi, Benjamin Netanyahu, ” Hellyer, Hanya, ” CNN’s Claudia Otto, Aqeel Najim Organizations: Jordan CNN —, United Nations, Camp, West Bank, Israel, European Union, Israel Defense Forces, Press, UNRWA, Tel Aviv University, Sunday, Getty, Carnegie Endowment, International Peace, Royal United Services Institute, Hamas, Finance, National, CNN Locations: Amman, Jordan, Jabal Al, Jordanian, Palestine, America, , Israel, Gaza, Egypt, Deir al, Palestinian, reoccupying Gaza, Rafah, Lebanon, Libya, Tunisia, Iraq, Yemen, Kuwait, Iran, Young, Tel Aviv, London, Baghdad, Huwara
Trucks carrying aid wait to exit, on the Palestinian side of the border with Egypt, as the conflict between Israel and Palestinian Islamist group Hamas continues, in Rafah in the southern Gaza Strip, October 21, 2023. REUTERS/Ibraheem Abu Mustafa/File Photo Acquire Licensing RightsGENEVA, Oct 25 (Reuters) - Gaza needs billions of dollars in international economic aid to compensate for years of restrictions that have stifled its economy and curbed its development, according to a report published on Wednesday by the United Nations trade body. "Donors and the international community need to extend significant economic aid to repair the extensive damage Gaza has experienced under prolonged restrictions and closures and frequent military operations, which has stifled the economy and decimated infrastructure," the report said. Nearly half of Gaza's population is unemployed, and more than half lives in poverty, the report said. "Border closures and repeated military operations have set in motion a vicious circle of economic and institutional collapse that has rendered Gaza a case of 'development in reverse,'" the report said.
Persons: Abu Mustafa, Richard Kozul, Wright, Gabrielle Tétrault, Farber, Bernadette Baum Organizations: Hamas, REUTERS, Rights, United, United Nations Conference, Trade, Development, Thomson Locations: Egypt, Israel, Palestinian, Rafah, Gaza, United Nations, Palestinian Territory, Geneva
Late Wednesday, Al Jazeera replayed the moment Dahdouh was informed about the deaths. Throughout the war, Dahdouh has remained in Gaza City, despite Israeli calls for residents to head south ahead of an expected ground offensive. But Israeli strikes have continued to pound these areas, which are suffering dire shortages of water, medicine and fuel under an Israeli siege. In a statement, Al Jazeera said Dahdouh’s family “home was targeted” in an “indiscriminate assault by the Israeli occupation.”The Israeli army had no immediate comment. Al Jazeera is a Qatari state-owned media network, and is deeply critical of Israel, particularly its treatment of Palestinians.
Persons: — Al Jazeera's, Wael Dahdouh, Dahdouh, , , Dahdouh’s, Al, Israel —, Al Jazeera, Israel, Ismail Haniyeh, Khaled Mashaal, Mashaal Organizations: Gaza's Health Ministry, Associated Press, Al, Sky News Locations: CAIRO, Gaza, Qatari, al, Aqsa, Al Jazeera, Nuseirat, Israel, Gaza City, , Al, Qatar, Doha, israel
CNN —The mountain chicken frog was once so abundant in Dominica, with thousands found across the island, that it became a national delicacy, supposedly tasting of chicken. Chytridiomycosis is a fungal infectious disease that affects more than 500 frog species across the world. A research team spent 26 days searching for the mountain chicken frog in Dominica. The research team spent hundreds of hours searching for the chicken frog during the months of July and August. “There are many things that people can do to prevent the spread of chytrid and help protect frogs,” Kaganer said in an email.
Persons: Chytridiomycosis, Andrés Valenzuela Sánchez, ZSL, Sánchez, Jeanelle Brisbane, , Alyssa Wetterau Kaganer, ” Kaganer, chytrid, Kaganer, Organizations: CNN, Zoological Society of London, & Conservation Biology, Cornell Wildlife Health Lab, London Zoo Locations: Dominica, Caribbean, Montserrat, ” Brisbane, Dominica —
Branding signage for WPP, the largest global advertising and public relations agency at their offices in London, Britain, July 17, 2019. The fourth, GroupM China’s CEO and country managing director for WPP China, Patrick Xu, was questioned by police but not detained, the person said. An employee stationed in the closest police precinct to WPP's Shanghai office said police could not comment. "As our fourth largest market globally, China will continue to play a crucial role in WPP's long-term growth strategy. Police visited U.S. management consultancy Bain & Co's Shanghai office in April, then in May, state TV aired a program showing a raid of consultancy Capvision Partners' offices.
Persons: Toby Melville, GroupM, Patrick Xu, Xu, Mark Read, Mintz, Capvision, Bain, Casey, Laurie Chen, Alison Williams Organizations: WPP, REUTERS, Rights, WPP China, Financial Times, Outdoor Holdings, SEC, Police, Bain, Co's, TV, Capvision Partners, Casey Hall, Thomson Locations: London, Britain, Shanghai, China, Beijing, Co's Shanghai
Branding signage for WPP, the largest global advertising and public relations agency at their offices in London, Britain, July 17, 2019. The fourth, GroupM China’s CEO and country managing director for WPP China, Patrick Xu, was questioned by police but not detained, the person said. Calls to GroupM's office in Shanghai to seek comment went unanswered and Xu did not immediately respond to an email requesting a response. An employee stationed in the closest police precinct to WPP's Shanghai office said police could not comment. Police visited U.S. management consultancy Bain & Co's Shanghai office in April, then in May, state TV aired a program showing a raid of consultancy Capvision Partners' offices.
Persons: Toby Melville, GroupM, Patrick Xu, Xu, Mark Read, Mintz, Capvision, Bain, Casey, Laurie Chen, Alison Williams Organizations: WPP, REUTERS, Rights, WPP China, Financial Times, Outdoor Holdings, SEC, Police, Bain, Co's, TV, Capvision Partners, Casey Hall, Thomson Locations: London, Britain, Shanghai, China, Beijing, Co's Shanghai
As wind turbines get bigger, the vessels that install them are having to change, too. VCG | Visual China Group | Getty ImagesA project to build a facility described as "the world's largest offshore wind farm" took a big step forward this month by producing its first power. The sea in the Dogger Bank Offshore Development Zone is up to 63 meters deep, meaning the Voltaire's ability to work in deeper waters is crucial. "Off the Scottish coast, for example, expensive floating windfarms are often the only way to tap into offshore wind," he said. Søren Lassen is head of offshore wind research at Wood Mackenzie, a research and consultancy group.
Persons: De Nul Group's, GE Vernova's, Voltaire —, De, , Jan De Nul Group's Voltaire, Voltaire, Jan De Nul, Jan De Nul's Rutger Standaert, Standaert, Søren Lassen, Wood Mackenzie, Lassen, David L, Ryan, Wood Mackenzie's Lassen Organizations: Visual China, Getty, Dogger Bank Wind, GE, Dogger Bank, Dogger Bank Offshore Development, COSCO Shipping Shipyard, CNBC, Boston Globe, GE Offshore, Blades, U.S Locations: China, North, Golden, Dogger, U.S
“This may be the most dangerous time the world has seen in decades,” Dimon wrote in the bank's earnings statement. Political Cartoons View All 1209 ImagesThe earnings report showed that JPMorgan is doing extremely well despite the geopolitical and economic uncertainties. The bank reported a profit of $13.15 billion, up from $9.74 billion in the same period a year earlier. On a per-share basis, profit rose to $4.33 a share from $3.12 a share a year earlier. The result beat analysts' forecasts, which called for a profit of $3.95 a share, according to FactSet.
Persons: Jamie Dimon, ” Dimon, Dimon, Organizations: JPMorgan, Corporate America, FactSet Locations: Russia, Ukraine, Israel, Gaza, Washington
At least 1,055 people have died in Gaza, with some 5,184 injured, according to the Palestinian Ministry of Health. New York City's Empire State Building, illuminated in the colors of the flag of Israel on October 7. “This was the largest number of Jewish victims in an attack in one day since the Holocaust,” he said. “Not during the Yom Kippur War, not in the war of independence did we see civilians killed like this. Fighting regularly takes place between Israel and Palestinian factions in Gaza, including Hamas and Islamic Jihad.
Persons: CNN —, Israel’s, Benjamin Netanyahu, Yoav Gallant, Gary Hershorn, Kathy Hochul, Adam Gray, Emmanuel Macron, Gérald Darmanin, Laurent Nuñez, Marie, Sarah Seeberger, Israel, Benoit Tessier, , Olaf Scholz, , Suella Braverman, ” Braverman, Wiktor, ” Mark Gardner, Gardner, Peter Nicholls, Rishi Sunak, Robert Jenrick, Dean Lewins, Pinchas Goldschmidt, Goldschmidt, ” Goldschmidt, Carl Court, Gazans, Nadim, CNN “, Zaghloul, OCHA, Médecins, Avril Benoît Organizations: CNN, Israel Defense Forces, Palestinian Ministry of Health, Corbis, Getty, Solidarity, Opera, White, Washington DC, FBI, Department of Homeland Security, police, Marseille, Jewish, of France, Reuters, Authorities, London’s Metropolitan Police, , Community Security Trust, Police, Publishing, Security, Hamas, ISIS, , Downing, Jewish Leadership Council, Saturday, Sydney Opera House, Israel, West Bank, Palestine Solidarity Campaign, Conference, Embassy, Islamic, , United Nations Office, of Humanitarian Affairs, MSF Locations: Israel, Gaza, . New York, Paris, Washington, United States, New York, New York City, France, French, Lyon, Paris Monday, United Kingdom, Germany, Berlin, London, London’s, Britain, Israel's, Palestine, Moscow, Ukraine, Jerusalem, Europe, Egypt
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Business: All the best deals for Amazon's October Prime Day sales. 3 things in businessAmazonAll the best October Prime Day deals. Amazon Prime Big Deals Days (also known as the October Prime Day) kicks off today.
Persons: , you've, Yasser Qudih, Tom, Khan Yunis, Said Khatib, Janet Yellen, Chip Somodevilla, Yellen, Ray Dalio, David Risher, Kendall Jenner, Naomi Osaka, Charli D'Amelio, Tom Brady, Bob Iger, Nelson Peltz, Brady MacDonald, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Tech, Hamas, Getty, Bridgewater Associates, America, Technology, Meta, Disney, ESPN, ABC, National Hockey League, Vegas Golden Knights, Nashville Predators, Tampa Bay Lightning, Chicago Blackhawks, Pittsburgh Penguins, Amazon, PepsiCo, Sky, Delta Sky Club, LAX, LAX Sky Club, Hollywood Locations: Israel, Gaza, AFP, Dadu, Charli, Phoenix, Seattle, New York City, San Diego, London, New York
German voters send ominous message to Brussels
  + stars: | 2023-10-09 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Oct 9 (Reuters Breakingviews) - German Chancellor Olaf Scholz’s resounding defeat in key local elections on Sunday will be as traumatic in Brussels as in Berlin. Voters dealt a sharp blow to all three parties in Scholz’s centre-left executive. The victory of conservative opposition party CDU came together with a strong showing of far-right Alternative für Deutschland (AfD), who won 15% of the votes in the populous state of Bavaria and 18% in Hesse. In Berlin, divisions on the pace and cost of the green transition between the Green Party and the liberal FDP, whose leader Christian Lindner is the coalition’s finance minister, have already led to a watering down of a planned boiler ban from 2024. In Brussels, a German government preoccupied with its domestic travails may be unable to rally other member states around the sort of compromise proposals the EU needs to clinch some key deals.
Persons: Olaf Scholz’s, Christian Lindner, Scholz, Pierre Briancon, Sandoz, Lisa Jucca, Oliver Taslic Organizations: Reuters, Voters, Social Democrats, Greens, European Union, Green Party, X, Alstom, Brookfield, Thomson Locations: Brussels, Berlin, Scholz’s, Bavaria, Hesse, Germany, France, EU
Nonetheless, Poland remains in a powerful position in Europe, and this month’s vote could dramatically flip those dynamics. “Poland is a major player in Europe; it borders Ukraine, it has a major land army, substantial military spending, and is the key hub for supporting Ukraine,” Stola said. Poland pushed European partners to send Leopard battle tanks to Ukraine earlier this year. “One likely outcome is a coalition between PiS and Confederation, and that would be very bad news for Polish-Ukrainian relations,” Kucharczyk said. “Poland has very deep interests in supporting Ukraine,” Kucharczyk added.
Persons: White, Donald Tusk, Poland’s, , , Tusk, ” Jacek Kucharczyk, ” Kucharczyk, Mateusz Morawiecki, Kacper Pempel, Piotr Buras, PiS, ” Buras, ” Dariusz Stola, Poland's, Omar Marques, ” Stola, , Wojtek Radwanski Organizations: CNN, Justice, European, Tusk’s Civic Coalition, stoke, Public, Warsaw’s Institute of Public Affairs, European Council, Foreign Relations, Communist, EU, Warsaw, Institute of Political, Polish Academy of Sciences, Getty, , NATO, PiS, Locations: Poland, Ukraine, Brussels, Berlin, Polish, Warsaw, Hungary, Europe, Germany, Russia, ” Kyiv, Washington, Kyiv, AFP, , Ukrainian, “ Poland
Many investors expect that could be the capitulation event equities need to bottom out before rebounding. "If you get down to five and a quarter all hell's gonna break loose," Rob Ginsberg, managing director at Wolfe Research. The yield on the 10-year Treasury has spiked sharply to about 4.8% this week, about 1 whole percentage point above where it was in mid-July at around 3.7%. In fact, it won't take much for the positive narrative to start to take hold in markets, Hogan said. Hogan anticipates the S & P 500 could rise to 4,800 by year end, about 13% above where it is currently.
Persons: Rob Ginsberg, Fitch, Ray Dalio, Jamie Dimon, Wolfe Research's Ginsberg, Ginsberg doesn't, You'll, Ginsberg, Riley Financial's Art Hogan, they'll, Read, Hogan, Kevin McCarthy, Goldman Sachs, Jan Hatzius, Katie Stockton, Bank of America's Stephen Suttmeier, Jeffrey Hirsch, I'm, Hirsch Organizations: Dow Jones, Treasury, Wolfe Research, Federal Reserve, JPMorgan, CNBC Pro's, Supply, Bank of America's Locations: Saudi Arabia
Morning Bid: Bond crush stifles markets as $134 billion hits
  + stars: | 2023-09-26 | by ( ) www.reuters.com   time to read: +6 min
The yield spike has supercharged the U.S. dollar worldwide - both a reflection and aggravator of mounting financial stress far and wide. As Deutsche Bank notes, this is historically significant territory as the average of the 10-year yield going back to 1799 is around 4.50%. The Treasury sells $48 billion in two-year notes on Tuesday, $49 billion in five-year paper on Wednesday and $37 billion in seven-year notes on Thursday. Minneapolis Fed Bank President Neel Kashkari said on Monday the Fed probably needs to raise borrowing rates further. Private sector bankers are starting to brace for the worst, with JP Morgan chief Jamie Dimon reported overnight as warning: "I am not sure if the world is prepared for 7% (Fed rates)."
Persons: Jose Luis Gonzalez, Mike Dolan, South Korea's, Sterling, haven't, Neel Kashkari, Said Kashkari, Austan Goolsbee, JP Morgan, Jamie Dimon, Christine Lagarde, China Evergrande, Michelle Bowman, Christina Fincher Organizations: REUTERS, Federal Reserve, U.S ., Bank of Japan, South, Treasury, Deutsche Bank, Minneapolis Fed, Chicago Fed, European Central Bank, ECB, Dallas Fed's, Chicago Fed's, HK, Richmond Fed, Dallas Fed, Philadelphia Fed, Costco, Cintas, Thomson, Reuters Locations: Ciudad Juarez, Mexico, U.S, Wall St, Asia, Europe, Philadelphia, Washington
[1/2] Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. REUTERS/Jorge Silva/File Photo Acquire Licensing RightsSept 27 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. But another day of curve steepening, and 10-year nominal and real yields rising to new multi-year highs crushed stocks. U.S. bond market volatility - a key driver of global market stability and liquidity - had its biggest rise since early July. Investors in Asia will also note the significance of U.S. crude oil's rise on Tuesday after a few days of consolidation, not for the 1% rise in itself, but because it lifts the year-on-year price rise to almost 20%.
Persons: Jorge Silva, Jamie McGeever, Dow Jones, Josie Kao Organizations: Bank of, REUTERS, Bank, Dow, Nasdaq, Investors, Reuters, Thomson Locations: Bank of Thailand, Bangkok, Thailand, Treasuries, Asia, Thailand's, Australia, China
Morning Bid: Treasury yields march on
  + stars: | 2023-09-26 | by ( ) www.reuters.com   time to read: +2 min
Long-term Treasury yields, traditionally subdued in Asian hours, spiked to a fresh 16-year peak , keeping the dollar close to multi-month tops to G-3 rivals the euro, pound sterling and yen. Reuters GraphicsAngst over tighter financial conditions pulled down Asia Pacific stocks as well, overshadowing Wall Street's overnight rally and sounding a warning for European equities. Investor jitters were evident in the underperformance of the Hang Seng's property index (.HSMPI), down a resounding 1.9%. Moody's has upped the stakes with a stern warning that potentially puts the country's last triple-A rating on the line. It comes as the U.S. budget deficit continues to widen on higher spending and falling tax receipts.
Persons: Jonathan Ernst, Kevin Buckland, Hong, Moody's, Philip Lane, Riksbank's Per Jansson, Jacqueline Wong Organizations: . Federal, REUTERS, Reuters, Asia, Japan's Nikkei, fester, Bloomberg, U.S, Treasury, Thomson Locations: Washington, Asia Pacific
Saudi Arabia's crown prince is shaking up his economy in a move escalating its UAE rivalry. In March, Saudi Arabia unveiled Riyadh Air , a new airline serving as an alternative to the UAE's Emirates and Etihad Airways. If you want to do business with Saudi Arabia or Saudi state-owned entities, you've got to base your regional HQ in Saudi Arabia." "Saudi Arabia sees the separation project in Yemen as a way to let the Houthis control the north and therefore have a more-threatening border at the south of Saudi Arabia." Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERSHow far the rivalry between the two nations goes largely depends on Saudi Arabia's actions.
Persons: Saudi Arabia's, Mohammed bin Salman, Sheikh Mohamed bin Zayed Al Nahyan, MBZ, Obama, You've, Kristian Ulrichsen, Rice, Sheikh Mohamed, Prince Mohammed, Sheikh Mohamed —, , Leon Neal, Shaybah, Ulrichsen, Sheikh Zayed, Sultan Al Nahyan, Abu, Prince Mohammed bin Salman, Neom, Abishur Prakash, Jorg Greuel, Abdullah Alaoudh, Prakash, you've, Saudi Crown Prince Mohammed, Ludovic Marin, Mohammed's, Jamal Khashoggi, Biden, Baker Institute's Ulrichsen, Alaoudh, wouldn't Organizations: United Arab Emirates, UAE, Service, Baker Institute, Saudi, UAE —, Qatar, Dubai, United, Freedom Initiative, UAE's Emirates, Etihad Airways, Saudi Public Investment Fund, Newcastle United FC, English Premier League, Manchester City, Saudi Crown, Getty, Ritz Carlton, Saudi Royal Court, REUTERS, Saudi Aramco, United Nations Locations: Saudi, Wall, Silicon, Saudi Arabia, East, Washington, London, UAE, Persian, Al Ain, British, Qatar, Abu Dhabi, United Arab, Riyadh, Manchester City . Saudi Arabia, New Delhi, Istanbul, Yemen, Iran, Saudi Arabia's, Bandar, Ukraine
CNN —Smartmatic, the voting technology company suing Fox News and former President Donald Trump’s top allies over their false claims that its machines rigged the 2020 election, was implicated in an alleged bribery scheme involving the former top election official in the Philippines, according to court filings obtained by CNN. The court documents indicate that the Justice Department has filed money laundering charges against former Filipino election administrator Andres Bautista – and that four executives from Smartmatic subsidiaries are implicated as uncharged co-conspirators. Bautista awarded $199 million in contracts to Smartmatic for about 94,000 voting machines and to handle the results of the Philippines’ presidential election in 2016. The new allegations of corrupt foreign dealings could boost the defense for Fox News and the other Trump allies currently fighting Smartmatic in court. The criminal complaint against Bautista doesn’t accuse Smartmatic of tampering with election results in the Philippines or any other jurisdiction.
Persons: CNN — Smartmatic, Donald Trump’s, Andres Bautista –, Smartmatic, Samira Saba, , Bautista, ” Smartmatic, Rudy Giuliani, Sidney Powell, Mike Lindell, OAN, Bautista “, , ” Bautista, Saba, Bautista doesn’t Organizations: CNN, Fox News, Justice, Trump, Fox, , State Department, Southern, Southern District of Locations: Philippines, California, Florida, Venezuela, Southern District, Southern District of Florida
By Gabriela BaczynskaUNITED NATIONS (Reuters) - German Foreign Minister Annalena Baerbock joined a growing chorus of critics of the European Union's new migration deal with Tunisia, saying human rights and procedural faults ruled it out as a blueprint for the future. Her letter to the EU executive European Commission highlights the EU's inner conflict between those pursuing ever-tougher policies to stop illegal immigration and others who emphasize humanitarian considerations and labor market gaps. But in her letter dated Aug. 2, Baerbock expressed "incomprehension" at what she said were insufficient consultations with other countries in the 27-nation bloc. 'SERIOUS VIOLATIONS AND ABUSES'Asked to comment on the letters, a European Commission spokeswoman said the EU executive consulted member states enough. On Friday, the EC announced 60 million euros ($64 million) in support for the Tunisian budget and a further 67 million euros ($71 million) in assistance on migration.
Persons: Gabriela Baczynska, Annalena Baerbock, Kais, Giorgia Meloni, Baerbock, Josep Borrell, Borrell, Oliver Varhelyi, Viktor Orban, Meloni, Howard Goller Organizations: Gabriela Baczynska UNITED NATIONS, Reuters, EU, Commission, European Commission, EC, Human Rights Locations: Tunisia, Italy, Netherlands, EU, Tunis, Africa, Egypt, Hungary, East, Geneva, Ukraine
[1/2] Migrants rescued at sea walk after disembarking from a vessel, on the Sicilian island of Lampedusa, Italy, September 18, 2023. "Democracy, human rights and the rule of law must guide us in our cooperation - something that was not given suitable consideration, in the agreement with Tunisia," she wrote. "The MoU (memorandum of understanding) with Tunisia cannot become a template for further agreements," she added. 'SERIOUS HUMAN RIGHTS VIOLATIONS AND ABUSES'Asked to comment on the letters, a European Commission spokeswoman said the EU executive consulted member states enough. On Friday, the EC announced 60 million euros ($64 million) in support for the Tunisian budget and a further 67 million euros ($71 million) in assistance on migration.
Persons: Yara, Annalena Baerbock, Kais, Giorgia Meloni, Baerbock, Josep Borrell, Borrell, Oliver Varhelyi, Viktor Orban, Meloni, Gabriela Baczynska, Howard Goller Organizations: Migrants, REUTERS, UNITED, EU, Commission, Reuters, European Commission, EC, Human Rights, Thomson Locations: Lampedusa, Italy, Germany, EU, Tunisia, Netherlands, Tunis, Africa, Egypt, Hungary, East, Geneva, Ukraine
Poland’s decision was both sudden and predictable, coming after months of tensions over a temporary ban on Ukrainian grain imports to a number of European Union countries. “We no longer transfer weapons to Ukraine because we are now arming Poland,” Polish Prime Minister Mateusz Morawiecki said in a blunt social media statement on Wednesday. But three nations – Poland, Hungary and Slovakia – said they intended to defy the change and keep the restrictions in place. They are particularly suffering in their stronghold rural regions in eastern Poland, where agriculture is an important economic pillar. The urgency of the war to Poland has also slipped over the course of year.
Persons: Mateusz Morawiecki, Morawiecki, Piotr Muller, CNN Muller, Slovakia –, Alexander Ermochenko, Volodymyr Zelensky, Zelensky, , Mateusz, Beata Zawrzel, PiS, Vladimir Putin Organizations: London CNN, European Union, NATO, Ukrainian, CNN, EU, European Commission, Reuters, UN, Assembly, Ukraine, Law, Justice, Confederation, Kyiv Locations: Kyiv, Russia, Poland’s, Poland, Ukraine, Polish, United States, Soviet, Warsaw, Slovakia, Hungary, Europe, Zaporizhzhia, Russian, New York, Moscow, Ukrainian, Germany, Ukraine’s
KYIV, Sept 18 (Reuters) - Ukraine plans to sue Poland, Hungary and Slovakia in the World Trade Organization over bans on Ukrainian agricultural products, Ukrainian officials said on Monday. Poland, Slovakia and Hungary announced their own restrictions on Ukrainian grain imports on Friday after the executive European Commission decided not to extend its ban on imports into Ukraine's five EU neighbours. Kachka told Politico that Ukraine could also impose reciprocal measures on the import of fruit and vegetables from Poland if Warsaw did not drop its additional measures. Ukraine ships grain by train via crossings with Poland, Slovakia and Hungary. Ukraine also shipped by rail an additional 1 million tons of oils and oilseeds.
Persons: Taras Kachka, Kachka, Robert Telus, Radoslaw Fogiel, Tom Balmforth, Pavel Polityuk, Anna Wlodarczuk, Anna Pruchnicka, Timothy Organizations: World Trade Organization, Politico, Kyiv, European Union, European Commission, EU, Timothy Heritage, Thomson Locations: Ukraine, Poland, Hungary, Slovakia, Bulgaria, Romania, Warsaw, Bratislava, Budapest
Of the more than 110,000 asylum seekers who have recently landed in New York City, 20,000 are children now enrolled in public schools, facing challenges both familiar to any kid who has moved away and towering in their emotional complexity. More than 8,600 children in the city lost a parent to Covid. In response to these and other troubling statistics, the Adams administration released a mental health plan last March with a focus on children and teenagers and the goal of expanding clinical services in schools. The migrant crisis has been imagined largely in terms of the housing emergencies that have flowed from it. “We are seeing the highest level of mental health need we have ever seen, in our city, in our clinic, in our country,” Alan Shapiro told me recently.
Persons: Eric Adams’s, Adams, ” Alan Shapiro Organizations: Department of Health, RAND Locations: New York City, , York
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