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BEIJING, Oct 30 (Reuters) - Chinese and Russian military chiefs targeted the United States for criticism at a security forum in Beijing on Monday, even as China's second-most-senior military commander vowed to boost defence ties with Washington. Russia's Defence Minister Sergei Shoigu warned the West that its involvement in the Ukraine war created grave danger. China's defence minister delivered the keynote speech in previous years. China and the U.S. have had no high-level military-to-military communications since the Washington-sanctioned former Chinese defence minister, Li Shangfu, was appointed in March. It is not yet known whether the U.S. team will meet separately with Chinese military officials.
Persons: Sergei Shoigu, Shoigu, Zhang Youxia, Xi Jinping, Zhang, Li Shangfu, Li, Cynthia Xanthi, Joe Biden, Wang Yi, Biden, Yew Lun Tian, Lidia Kelly, Laurie Chen, Greg Torode, Gerry Doyle, Tom Hogue Organizations: Washington, Beijing Xiangshan, Russia's, TASS, China's, Military Commission, Communist, U.S, Reuters, Defense, U.S ., Thomson Locations: BEIJING, United States, Beijing, Ukraine, Russia, China, Taiwan, South China, Washington, U.S, Cynthia Xanthi Carras, Singapore, Laos, Mongolia, Belarus, East Timor, Myanmar, Sydney
As an incentive, he promises Robert an early release if he succeeds in capturing them. Ghost-catching proves easier, at least initially, than the daily grind confronted by Robert’s school friends and foes, all of whom have their own tragic back stories. “You’re not the only one in trouble,” the ghost of a slaughtered young Black man reminds him. This concentrated attention sharpens the suspense; we’re tightly focused on the questions: Will Robert survive, and if so, what will it take? His transformation tracks the novel’s own capacity to be, at once, a supernatural historical novel and a straight-up page-turner.
Persons: Boone, Robert, , Haddock, “ You’re, Octavia E, Butler, Robert Stephens, , Will Robert Organizations: Dozier School for Boys Locations: Marianna, Fla
A Landmark of Black Cinema, Restored for a New Age
  + stars: | 2023-10-27 | by ( Simran Hans | ) www.nytimes.com   time to read: +1 min
On a recent, rainy evening in London, movie fans gathered at the British Film Institute theater for a much-anticipated premiere, though the film was made nearly 50 years ago: Horace Ové’s newly restored “Pressure,” considered the first feature by a Black British director. Ové died last month, just weeks before his film was set to be celebrated internationally with screenings at both the London and New York Film Festivals. Gradually radicalized by encounters with potential employers, a friend’s landlord and the police, Tony reaches a boiling point. In an interview after the screening, Norville, who played Tony, described the film as “pulling no punches” in its depiction of the reality of Black life in London in the ’70s. In an earlier Q. and A. with the audience, he had noted that the film’s themes of “institutional racism and police brutality” were still relevant in Britain today.
Persons: Horace Ové’s, , Ové, Herbert Norville, Tony, West Organizations: British Film Institute, London and New York Locations: London, British, Britain
“The conference became a vehicle.”It is not unusual for donors, unhappy with student activism, to pull back giving. “It’s essential that the university remains independent from donor pressure or influence on the content of work that’s done in the university,” said Ms. Lieberwitz, who is also general counsel for the American Association of University Professors. “Very broadly, I am deeply committed to academic freedom,” Ms. Magill had told The Daily Pennsylvanian, the campus newspaper. Alumni Donors Push BackOne day after the Indigenous Peoples’ Day post, Ms. Magill issued her first statement condemning the Hamas assault. Some Wharton alumni had been unhappy with the university’s direction for a long time.
Persons: , Lauder, Jon Huntsman, Dick Wolf —, Rowan, , Robert Vitalis, , George W, Bush, Penn, Risa L, Lieberwitz, Magill, Ms, Amy Wax, Penn Hillel, Viet Thanh Nguyen, Israel, Roger Waters, Susan Albuhawa, Critics, ” Mr, Wharton, Jonathan S, Jacobson, Lia Thomas, Erika James, Ross Stevens, University of Chicago’s Booth, Stevens, Booth Organizations: , East Center, University of Texas, Austin, University of Denver, Palestinian, U.N, Cornell, American Association of University, Edge, University of Virginia, Daily, university’s College of Arts and Sciences, Penn, Pink Floyd, Indigenous Peoples, Wharton, HighSage Ventures, Management, University of Chicago’s Locations: Utah, Penn, Israel, Yom Kippur, Nazi, Berlin
However, the White House has, for the moment, rightly stopped short of concluding that a major escalation is inevitable. While this risks escalation, it might be necessary — and a lack of resolve is also a risk in the face of ongoing attacks. There is a history here that goes beyond the fact that the US is allied with and supporting Israel in its war on Hamas. There has been much speculation about whether, given these well-documented ties, Iran ordered the Hamas operation in southern Israel. Miscalculations — whether by Iran, Israel, Hezbollah or even the US — could rapidly lead to a multifront regional war with casualties easily numbering in the tens of thousands.
Persons: Charles Dunne, John Kirby, Joe Biden, , Qassem Soleimani, Bashar al, Assad, there’s, , Biden, , It’s, Iran hasn’t, Israel, Geravand, it’s Organizations: US Foreign Service, Arab Center Washington DC, Middle East Institute, Elliott School of International Affairs, George Washington University, CNN, Hamas, White, National Security, Iranian Revolutionary Guards, Qods Force, Reuters, Washington Post, Force Locations: Iraq, Syria, Israel, Iranian, Washington, Tehran, Iran, United States, Europe, Sarajevo, Russia, Syrian, State, Lebanon, Gaza, Yemen, Hezbollah, Sudan, Egypt, Qatar, Israel’s
On October 23, 1983, 241 US service members were killed in the Beirut barracks bombings. AdvertisementAdvertisementIn the wake of the 1983 Beirut barracks bombing, which took the lives of 241 US service members, then-President Ronald Reagan described the Middle East as a "powder keg." FILE - An Oct. 23, 1983 file photo shows the aftermath of a suicide truck bombing of the U.S. Marines barracks in Beirut, Lebanon. Four times in the last 30 years, the Arabs and Israelis have gone to war," Reagan added. AdvertisementAdvertisementWith tensions boiling, Washington is warning Americans throughout the Middle East to exercise caution and remain vigilant.
Persons: Ronald Reagan, , Hamas teetering, Reagan, Jim Bourdier, We've, Israel —, Lebanon Dorothy Shea Organizations: Service, Hamas, Corps, US, U.S, Marines, AP, United Nations, US Navy, Pentagon, U.S . Locations: Beirut, Israel, Iran, Lebanon's, Iwo Jima, Lebanon, Western Europe, Japan, Tehran, Gaza, Yemen, Iraq, Syria, Palestinian, Washington
Expectations that the Federal Reserve will keep interest rates elevated and mounting U.S. fiscal concerns are among the factors driving the move. Because the $25-trillion Treasury market is considered the bedrock of the global financial system, soaring yields on U.S. government bonds have had wide-ranging effects. "The longer we remain at higher interest rates, the more likely something is to break." Elon Musk warned that high interest rates could sap electric-vehicle demand, which knocked shares of the sector on Thursday. Reuters GraphicsThe U.S. dollar has advanced an average of about 6.4% against its G10 peers since the rise in Treasury yields accelerated in mid-July.
Persons: Brendan McDermid, Gennadiy Goldberg, Jerome Powell, Powell, Elon Musk, Tesla’s, gravitating, Athanasios Vamvakidis, Saqib Iqbal Ahmed, Ira Iosebashvili, Stephen Coates Organizations: New York Stock Exchange, REUTERS, Treasury, Federal Reserve, TD Securities, Reuters, Global Research, Reuters Graphics, ICE, Fed, Thomson Locations: New York City, U.S, New York, Treasuries
Worries are growing about how much the turmoil could cost the global economy. Brent crude, the global oil benchmark, hit a three-week high this on Fridayfears that a military escalation could disrupt already tight supplies. In a speech largely focused on inflation, interest rates and economic growth, Jay Powell, the central bank’s chair, warned on Thursday that “geopolitical tensions are highly elevated and pose important risks to global economic activity.”The Middle East is becoming a wild card for the global economy. That would probably sap growth but might also slow the economy enough to negate the need for an additional interest-rate increase. The measures were announced days after the U.S. imposed tighter restrictions on sales of more advanced semiconductors to China.
Persons: Biden, , Brent, Jay Powell, Powell, ” Powell, Kamala Harris, Jay Monahan, David Zaslav, Jim Jordan, Patrick McHenry, Jordan, there’s, Fran Drescher, George Clooney, ” Drescher, Sidney Powell, Donald Trump’s Organizations: Gaza, Israel, U.S . Navy, Intel, Siemens, European Commission, Digital Services, PGA, Warner Bros, Hollywood, SAG, Trump Locations: Mideast, Israel, Ukraine, Lebanon, U.S, Iran, Yemen, Syria, Iraq, Lisbon, Ohio, Trump . China, Beijing, China
[1/2] A worker looks on at a construction site of residential buildings by Chinese developer Country Garden, in Beijing, China August 11, 2023. REUTERS/Tingshu Wang/File Photo Acquire Licensing RightsHONG KONG, Oct 18 (Reuters) - The grace period for Chinese property developer Country Garden Holding's (2007.HK) $15 million coupon payment has expired with no word that the money has been paid. Country Garden did not immediately respond to a request for comment. Country Garden has also missed other offshore payments in the past few weeks, though those payments still have not seen their 30-day grace periods lapse. A default would open the way for Country Garden's offshore creditors to begin negotiations with the firm's financial advisors.
Persons: Tingshu Wang, Clare Jim, Scott Murdoch, Xie Yu, Sonali Paul, Edwina Gibbs Organizations: REUTERS, HK, Data, JPMorgan, Mainland Properties, Thomson Locations: Beijing, China, HONG KONG, China's, Hang, Hong Kong, Sydney
The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. The company last week warned of its inability to meet offshore debt obligations. Country Garden did not immediately respond to a request for comment from Reuters on Wednesday. With nearly $11 billion of offshore bonds and $6 billion of onshore loans, a default by Country Garden would set the stage for one of China's biggest corporate debt restructurings. Country Garden has also missed other offshore payments in the past few weeks, though those payments still have not seen their 30-day grace periods lapse.
Persons: Aly, Scott Murdoch, Sonali Paul Organizations: Shanghai Country Garden, REUTERS, Rights, Garden Holdings, HK, Reuters, Thomson Locations: Shanghai, China, New York, China's, Sydney
CNN —Hundreds of civilians killed in an airstrike on a Gaza City hospital. Some news organizations even definitively stated that Israel was responsible in their first reports. The Israel Defense Forces flatly denied having struck the hospital and causing the devastating civilian casualties. News organizations quickly moved to reflect the IDF’s statement — and the sudden ambiguity — in coverage. In this case, not long after reports claimed Israel had bombed the Gaza hospital, Palestinian Authority President Mahmoud Abbas canceled his meeting with President Joe Biden.
Persons: Israel, , Mahmoud Abbas, Joe Biden Organizations: CNN, Israel Defense Forces, Cable, IDF, “ Media, BBC, Palestinian Locations: Gaza City, Israel, Gaza
Harvard students spoke to Insider about the controversies roiling campus. The disputes followed the terroist attack by Hamas on Israel and a letter signed by student groups. One woman told Insider people falsely accused her and her fellow Jewish students at Harvard Law School of sponsoring the truck. AdvertisementAdvertisementThe Harvard campus on October 12. First-year law studentOne first-year law student said he wished both the student groups and the Harvard administration would take a more nuanced approach.
Persons: , Israel —, Bill Ackman, they're, who'd, it's, Tim Paradis, Eden Mendelsohn Mendelsohn, that's, Harvard, aren't Organizations: Harvard, Service, Harvard Law School Locations: Israel, Harvard
The 10-year yield on Thursday afternoon stood at about 4.7%, some 18 basis points from the 16-year highs touched last week. “Every time the Fed pauses, yields come down, but the market is not convinced they’re quite there yet." There's plenty of evidence that financial conditions, which reflect the availability of credit in the economy, have tightened in recent months. Credit market spreads have widened as investors demand a higher yield on riskier assets, such as corporate bonds. Fed funds futures show investors pricing in a roughly 15% chance of the central bank's raising rates next month, from around 27% last week.
Persons: Dado Ruvic, , Leslie Falconio, they’re, Philip Jefferson, Lorie Logan, Mark Dowding, Goldman Sachs, Edward Al, Hussainy, Neuberger Berman, Jonathan Cohn, Davide Barbuscia, Ira Iosebashvili, Megan Davies, Leslie Adler Organizations: REUTERS, Federal, . Treasury, UBS Global Wealth Management, Reuters Graphics, Dallas Fed, RBC Global Asset Management, Reuters, Treasury, Columbia, Nasdaq, Nomura Securities International, Thomson
Students at the University of Arizona planned a Gaza protest on campus, but pulled it. AdvertisementAdvertisementThe pro-Palestinian group Students for Justice in Palestine (SJP) axed a planned a Gaza protest on the University of Arizona's campus on Thursday. It said the event couldn't go ahead safely after the university's president condemned the protest as "antithetical to our university's values." The university's president, Robert Robbins, then released an open letter the next day, sharing the institution's support for Israel. He also denounced statements made by SJP, saying the organization had supported Hamas, which he deemed "antithetical to our university's values."
Persons: , SJP, Robert Robbins, Robbins, shirk, baselessly Organizations: University of Arizona, Service, Palestinian, for Justice, University of Arizona's, Israel, UA Locations: Palestine, Israel, Gaza
Tamir Kalifa/The New York Times/Redux Palestinians walk amid the rubble following Israeli airstrikes in Gaza City on October 10. Samar Abu Elouf/The New York Times/Redux Children run for cover as bombs fall near the Al-Shifa Hospital in Gaza City on October 9. Erik Marmor/AP Six-month-old Sama Alwadia is rescued from the rubble in Gaza City on October 9. Tamir Kalifa/The New York Times/Redux Fire and smoke rise from Gaza City following an Israeli airstrike on October 8. Ibraheem Abu Mustafa/Reuters Palestinian citizens inspect damage to their homes caused by Israeli airstrikes in Gaza City on October 8.
Persons: David A, CNN —, David Andelman, Biden, Benjamin Netanyahu, Ukraine —, Eden Guez, Violeta Santos Moura, Mohammed Salem, CNN Sergey Ponomarev, Mohammed Abed, Atef Safadi, Fatima Shbair, Tamir Kalifa, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Yuri Cortez, Belal Khaled, Samar Abu, Amir Cohen, Ilai Bar Sade, Erik Marmor, Ali Jadallah, Oren Ziv, Mohammed Saber, Ronen Zvulun, Majdi, Ilia Yefimovich, Ramez Mahmoud, Mahmud Hams, Roi Levy, Alleruzzo, Tali Touito, Khan, Ibraheem Abu Mustafa, Jalaa Marey, Oded, Khan Younis, Ahmad Hasballah, Mohammed Fayq Abu Mostafa, Tsafrir, Ahmad Gharabli, Baz Ratner, Mustafa Hassona, Ilan Rosenberg, Eyad Baba, Itai Ron, Hadas Parush, ” Ely Ratner, ” Ratner, Ratner, , Julianne Smith, Will, Will Israel Organizations: CNN, French Legion of, The New York Times, CBS News, David Andelman CNN, America, Ukraine, Defense, Fighters, Nova Festival, Reuters, Israel Defense Forces, New York Times, Getty, Ben Gurion, AP, Mount, Anadolu Agency, Shifa, West Bank, Rockets, Israel's, United Nations, Palestinian, Reuters Police, Reuters Rockets, [ Peoples Liberation Army, House Armed, Committee, Taiwan Relations, Senate, Washington Post, Israel, Capitol, House, Ukraine –, NATO, Taiwan Locations: United States, Ukraine, Russia, Israel, Gaza, Iran, China, Taiwan, Washington, Ashkelon, Gaza City, Kfar Azza, Kfar Aza, AFP, Tel Aviv, Mount Herzel, Jerusalem, Samar, Samar Abu Elouf, Yassin, Palestinian, Beitar Ilit, Mount Herzl, Sderot, Ramat Gan, Khan Younis, Israeli, Kiryat Shmona, Itai, Beit Hanun, Rishon Lezion, Taiwan Strait, Beijing, Will Ukraine, Crimea, America
The 96,000 net jobs gain last month was more than the combined total for August and July. The U.S. labor market saw broad gains in September in a surprisingly strong jobs report that sparked a quick sell-off in the bond market . Bars and restaurants were the strongest group within leisure and hospitality, adding 61,000 jobs. That is up sharply from the 6,000 jobs added in the same month a year ago. The job market has continued to defy expectations of a significant slowdown, and in fact the numbers for August and July were revised upward.
Persons: Jason Furman, Furman, they've, subsector Organizations: Bureau of Labor Statistics, Harvard, National Economic Council, BLS, Permanente, Screen Actors Locations: U.S
And right now that leverage is around migration,” said Andrew Selee, the president of the nonpartisan Migration Policy Institute. Members of the Mexican National Guard stand on the border between Mexico and Guatemala to prevent the crossing of migrant caravans on October 21, 2022. “The Mexico southern border pretty much was the US southern border,” Meyer said. “What we are looking for is to reach an agreement to confront the migration phenomenon by addressing the causes,” López Obrador said at a news conference. US Secretary of State Antony Blinken is expected to travel to Mexico this week along with other cabinet secretaries and meet with López Obrador.
Persons: Biden, , Andrew Selee, Stringer, George W, Bush, Vicente Fox, Maureen Meyer, ” Meyer, Andrés Manuel López Obrador, Donald Trump, López Obrador, Alicia Bárcena, Bárcena, ” López Obrador, Elizabeth Sherwood, Randall, Antony Blinken, ” Selee, Lopez Obrador, “ López, Arturo Sarukhán, López Obrador’s, Critics, Ned Price, Blinken, ” Price, ” Sarukhán, , Organizations: Mexico City CNN, Ciudad, Mexican, Institute, Mexican National Guard, Getty, Washington Office, US, Washington, CNN, Bloomberg, United Nations, Refugees, Mexican Supreme, State Department, White Locations: Mexico, Washington, Guatemala, AFP, Central America, Caribbean, America, United States, Honduras, El Salvador, Ecuador, Venezuela, Colombia, El Paso , Texas, Nicaragua, Cuba, Costa Rica, Mexican
WASHINGTON (AP) — Lawmakers who had been sitting in stunned silence gasped at the declaration: The office of speaker “is hereby declared vacant. ”For the first time ever, a House speaker had been voted out of the position, plunging Congress into a new degree of turmoil. “Chaos is Speaker McCarthy,” Gaetz said on the floor, suggesting a series of reforms could make Washington work better. “Shocking … just the finality of it," said Rep. Michael McCaul, a Texas Republican who chairs the House Foreign Relations Committee. Republicans will try to coalesce around a new leader after McCarthy ruled out another bid to become speaker.
Persons: gasped, , Kevin McCarthy, Brian Fitzpatrick, McCarthy, ” McCarthy, Donald Trump, Hakeem Jeffries, “ Kevin McCarthy, , Jamie Raskin, Matt Gaetz, ” Gaetz, Republicans —, , Patrick McHenry of, Michael McCaul, Republicans seething, Abraham Lincoln, Teddy Roosevelt, Democrats —, Mary Claire Jalonick, Farnoush Amiri, Lisa Mascaro, Kevin Freking Organizations: WASHINGTON, — Lawmakers, California Republican, Lawmakers, Republican Party, Republicans, , Pennsylvania Republican, Capitol, Democratic, Republican, Texas Republican, Foreign Relations, , Democrats, Associated Press Locations: California, United States, Washington, Pennsylvania, “ Ukraine, Russia, Maryland, Patrick McHenry of North Carolina, Texas, Gaetz
In its first statewide TV ad, which began airing this past week, the opposition campaign Protect Women Ohio went in yet another direction. Protect Women Ohio is funded largely by the campaign arm of Susan B. Anthony Pro-Life America, a leading national anti-abortion group. Zanotti said it has chosen to run its own campaign against the Ohio amendment focused on its phrasing and legal reach. That bill was nearing introduction this summer when another anti-abortion activist active in the Protect Women Ohio campaign pressured the sponsor to spike it, Beigel said. Their concern was that publicity over the bill would generate backlash and make it harder to defeat the abortion rights amendment, which had just qualified for the fall ballot.
Persons: Donald Trump, Joe Biden, Terry Casey, , ” Casey, Ohioans, Court’s, Roe, Wade, Vermont —, David Zanotti, it’s, , , Dobbs, Susan B, Anthony Pro, Kellyanne Conway, ” Conway, Marjorie Dannenfelser, Ohio Republicans ’, resoundingly, Zanotti, Brian Hickey, Austin Beigel, Anthony, , Beigel, Ohio's, Mike DeWine, DeWine, Kellie Copeland, Copeland Organizations: , Women Ohio, Republicans, Democrats, Ohio Republican, Ohioans United, Reproductive Rights, U.S, Democratic, American Policy, Jackson, Health Organization, Protect, Ohio, Trump, Ohio Republicans, American, Catholic Conference of, Catholic Conference, National, Protect Women Ohio, Republican, Gov, Catholic Locations: COLUMBUS , Ohio, Ohio, — California , Kansas , Kentucky, Michigan, Montana, Vermont, Dobbs v, United States, Washington, Catholic Conference of Ohio, Louisiana
US home values could collapse as climate change boosts insurance costs, a study from First Street Foundation said. First Street estimated that 39 million homes are still insured at prices that don't match the climate risks they face. Either way, insurance costs are rising, and First Street estimated the impact they will have on a home's value by way of its income potential. For example, a home in California currently valued at $296,000 would see a 39% drop after repricing for estimated insurance risk. Still, despite the climate risks, the housing affordability crisis has boosted migration to areas vulnerable to floods, wildfires, and extreme heat.
Organizations: First Street Foundation, First, Service, Foundation Locations: Wall, Silicon, California, West Palm Beach , Florida, Louisiana, Plaquemines Parish
The idea, we Indians were told each time, was to allow the nation to make a clean break once and for all with its colonial past. The question on the minds of many people who follow events in India, is why any name change would be needed. It’s an opportunity to double down on India’s Hindu identity, even in the name by which it is called. The debate is a live one, however: Some disagree, saying that no amendment to the constitution would be needed to change India’s name. Do the country’s Indian Institutes of Technology become BITs?
Persons: Akanksha Singh, Singh, Droupadi Murmu, Bharat, Narendra Modi’s, Bharat ”, Modi, It’s, Akbar, Deen Dayal, Modi’s, Rahul Gandhi, Reserve Bank of India –, I’ve, ” Encouragingly Organizations: BBC, Independent, South China Morning Post, CNN, Mumbai CNN, Modi’s Bharatiya Janata Party, BJP, Bharat, Reserve Bank of India, Institutes of Technology, India, United Nations Locations: Mumbai, South China, India, Calcutta, Kolkata, Bombay, Madras, Chennai, Allahabad, Manipur
People on a property tour talk outside of a show flat at a residential property developed by Sunac China Holdings in Xishuangbanna Dai Autonomous Prefecture, Yunnan Province, China, June 22, 2019. REUTERS/Lusha Zhang Acquire Licensing RightsSept 19 (Reuters) - Chinese developer Sunac China Holdings (1918.HK) has filed for Chapter 15 protection from creditors in a U.S. bankruptcy court, court documents showed on Tuesday. Creditors of Sunac China Holdings approved its $9 billion offshore debt restructuring plan on Monday, marking the first approval of such debt overhaul by a major Chinese property developer. Sunac is among a string of Chinese property developers that have defaulted on their offshore debt payment obligations since the sector was hit by a liquidity crisis in 2021, roiling global markets. Reporting by Jyoti Narayan in Bengaluru; Editing by Christopher Cushing and Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.
Persons: Lusha Zhang, Jyoti Narayan, Christopher Cushing, Jacqueline Wong Organizations: Sunac China Holdings, REUTERS, HK, Thomson Locations: Xishuangbanna Dai Autonomous Prefecture, Yunnan Province, China, U.S, United States, Bengaluru
Defense Minister Li Shangfu has not been seen in public for three weeks, sparking speculation he is under investigation. Both Li and Qin serve among China’s five state councillors, a senior position in the cabinet that outranks a regular minister. Li also sits on the Central Military Commission, a powerful body headed by Xi that commands the armed forces. China's Defence Minister Li Shangfu gives a speech during the Moscow Conference on International Security on August 15. Last week, as speculation mounted over the whereabouts of the defense minister, Xi called for unity and stability within the military during an inspection in China’s northeast.
Persons: China’s, Li Shangfu, Weeks, Qin Gang, Xi, Li, Qin, outranks, “ What’s, , Drew Thompson, Xi Jinping, James Char, Lloyd Austin, Alexander Nemenov, Xi’s, Deng Yuwen, ” Rahm Emanuel, Agatha Christie’s, , , Craig Singleton, General Zhang Youxia, Zhang, He’s, Thompson, they’re, ” Thompson, Mao Zedong, Char, , ” Char, Jinping Organizations: Hong Kong CNN —, Defense, Foreign, Central Military Commission, People’s Liberation Army Rocket Force, Wall Street Journal, Communist Party, National University of Singapore, Rajaratnam, of International Studies, Belarus ’, US, Singapore’s Navy, China's, Conference, International Security, Getty, Twitter, Foundation for Defense of Democracies, Washington DC, Development Department, Rocket Force, Equipment Development Department Locations: China, Hong Kong, United States, Washington, Beijing, Singapore, Moscow, Belarus, Minsk, AFP, Japan, Soviet, Sichuan,
New York CNN —The United Auto Workers union’s already unprecedented strike against General Motors, Ford and Stellantis could soon get even bigger. So far, the strike, which started early Friday, has targeted only one final assembly plant at each automaker. So, noon on Friday, September 22nd is a new deadline.”While 12,700 union members are on strike, most of the 145,000 members at the three automakers remain on the job. The UAW chose to target final assembly plants first, which has made the initial strikes quite targeted and tactical. Spreading impact of strikeThe impact of the strike will have a ripple impact on other factories beyond the three targeted already by the UAW strike.
Persons: Stellantis, Shawn Fain, Autoworkers, We’re, “ We’re, , , Ford, Lana Payne, Payne, Fairfax, David Barnas, Louis, Biden, Donald Trump, Mike Pence, Fain, Trump Trump, Joe Biden, ” Trump Organizations: New, New York CNN, United Auto Workers, General Motors, Ford, CNN, GM, UAW, Ford Bronco, Companies, GM Stellantis, Jeep, Dodge, Chrysler, Fairfax Assembly, US Steel, Trump Locations: New York, Wayne , Michigan, Canada, United States, Fairfax, Kansas City , Kansas, Wentzville, Granite City , Illinois, St, Detroit
BEIJING, Sept 18 (Reuters) - The involvement of two Chinese state-owned financial firms in Zhongrong International Trust Co's operations and management may diffuse risk at the troubled shadow bank but does little to ease concerns about missed payments, analysts and investors said. It was not immediately clear whether the support by the two firms was engineered by the Chinese authorities, but Beijing has previously bailed out troubled financial firms by roping in state entities to contain broader contagion risk. The agreement allows the two financial firms to "provide professional services for operations and management" of Zhongrong, it said, adding the move would not impact its debt ownership and legal relationship in trust products. That would further dampen investors' confidence in trust products." "It's good news and at least provides some clarity," said Zhang, who is an investor in a Zhongrong trust product and gave only his surname due to sensitivity of the matter.
Persons: Zhongrong, They'll, Zhang, Xu, I've, Ziyi Tang, Ryan Woo, Sumeet Chatterjee Organizations: Trust, Citic Trust, CCB, Citic Group, China Construction Bank, National Financial Regulatory Administration, People's Bank of China, Citic, Shanghai, Thomson Locations: BEIJING, Beijing
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