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Israeli fintech Vesttoo names new interim CEO
  + stars: | 2023-08-09 | by ( ) www.reuters.com   time to read: +2 min
JERUSALEM, Aug 9 (Reuters) - Israeli fintech company Vesttoo said on Wednesday it named Ami Barlev as interim chief executive officer, replacing Yaniv Bertele, who was in charge during a fake collateral scandal. The firm noted Barlev specializes in the areas of corporate governance, business development, crisis management, and managing companies in complex situations. Vesttoo, which uses artificial intelligence technology to connect the insurance industry and capital markets, is also in contact with regulatory bodies worldwide. Vesttoo provides insurers with access to so-called insurance-linked securities - an alternative form of reinsurance. Reporting by Steven Scheer and Carolyn Cohn; Editing by Toby Chopra and David EvansOur Standards: The Thomson Reuters Trust Principles.
Persons: Vesttoo, Ami Barlev, Yaniv Bertele, Barlev, Steven Scheer, Carolyn Cohn, Toby Chopra, David Evans Organizations: Nasdaq, Banco Santander's, Thomson
Greenpeace activists, angered by Britain’s decision to issue new licenses for oil and gas exploration in the North Sea, took their opposition to Prime Minister Rishi Sunak on Thursday — or at least to the rooftop of one of his homes. With apparent ease and unhindered by security guards, the four protesters walked onto the grounds of the manor house Mr. Sunak owns in the village of Kirby Sigston in North Yorkshire, climbed onto the roof and draped the facade with panels of black fabric. “It really was about this image of pouring oil all over the prime minister's house,” said Ami McCarthy, a political campaigner for Greenpeace, who said Mr. Sunak was choosing profits over addressing climate change. “We need our prime minister to stop being so hellbent on fossil fuels.”Mr. Sunak and his family, who live in London, were not at the residence at the time, the North Yorkshire police said, and the four protesters were eventually arrested after spending several hours on the roof. They were taken into custody on suspicion of causing criminal damage and public nuisance.
Persons: Rishi Sunak, Sunak, Kirby Sigston, , Ami McCarthy, Mr Organizations: Greenpeace, North Yorkshire police Locations: North, Kirby, North Yorkshire, London
“The recent heat waves and scorching summer temperatures demonstrate the economic cost of heat stress,” Chris Lafakis, Moody’s Analytics’ director of economic research, wrote in an emailed response to a CNN query. Moody’s Analytics estimates that chronic physical risk from heat stress could reduce worldwide GDP by up to 17.6% by 2100. The losses are steepest in sectors such as agriculture and construction, but no industry or business is immune, she said. “Every summer we have a stretch [of excessively hot weather], where it might last from four days up to a week,” he said. “We have to look at the potential of our business model shifting to a nine-month facility going forward,” she said.
Persons: Lyn Thomas, there’s, Thomas, she’s, , it’s, Chris Lafakis, Liliana Salgado, , Kathy Baughman McLeod, Adrienne Arsht, Cesar Chavez, Damian Dovarganes, That’s, Jack Vessey wasn’t, He’s, “ It’s, Vessey, Zeyla Alcantara, Patrick Tiseth, Jobs, Ami Feller, I’ve, Los Cerrillos, Harrold Granthan, Bonnie Mendoza, David Wagner, bloodsicles, Mendoza, Zach Fowle, Kyle Ledeboer, ” Fowle, ” They’ve, Justus Swanick, Joshua Graff Zivin, ” Graff Zivin Organizations: Minneapolis CNN, Phoenix, CNN, Reuters Workers, Rockefeller Foundation Resilience, Atlantic Council, Rockefeller, IBEW, Company, Lone Star, Roofer, Saddle Riding Company, Phoenix Zoo, Arizona Wilderness, Arizona Wilderness Brewing, University of California San Locations: Minneapolis, Louisiana, United States, California, Los Angeles, Holtville , California, Imperial County, Texas, New Braunfels, Santa Fe , New Mexico, Los, , Arizona, Phoenix, University of California San Diego
[1/9] An aerial view shows protesters taking part in a demonstration against Israeli Prime Minister Benjamin Netanyahu and his nationalist coalition government's judicial overhaul, in Tel Aviv, Israel July 8, 2023. REUTERS/Oren AlonJERUSALEM, July 9 (Reuters) - Israeli Prime Minister Benjamin Netanyahu signalled impatience on Sunday with disruptions caused by resurgent demonstrations against his judicial overhaul plans, summoning his attorney-general for a cabinet discussion of police counter-measures. The opposition casts the bill as a step toward curbing judicial independence that would eventually subordinate the Supreme Court to politicians. Street protests that had subsided are flaring anew, with protesters planning to converge on Israel's main airport on Monday. Cabinet minister Itamar Ben-Gvir said he would boycott Big unless it retracted what he deemed political "bullying" by a business.
Persons: Benjamin Netanyahu, Oren Alon JERUSALEM, Netanyahu, Gali, Itamar Ben, Gvir, Ami Eshed, Steven Scheer, Dan Williams, Maayan Organizations: Israeli, REUTERS, Ben Gurion, Attorney, Shopping, Tel, Thomson Locations: Tel Aviv, Israel, overreach, Israel's, Gali Baharav
[1/9] People take part in a demonstration after the Tel Aviv police chief quit citing government meddling against anti-government protesters in Tel Aviv, Israel, July 5, 2023. Soon after Eshed's announcement, hundreds of protesters carrying Israeli flags and chanting "democracy" marched through Tel Aviv. "I could have easily met these expectations by using unreasonable force that would have filled up the emergency room of Ichilov (Tel Aviv hospital) at the end of every protest," Eshed said. The leader of the Jewish Power party has since rebuked police for its treatment of protesters. Other members of Netanyahu's nationalist-religious coalition have echoed Ben-Gvir, saying police have shown favourable treatment to the protesters who have filled Tel Aviv streets weekly since January, compared with what they see as far harsher treatment of settlers and ultra-Orthodox protesters.
Persons: Nir Elias JERUSALEM, Benjamin Netanyahu's, Ami Eshed, Itamar Ben, Gvir, Eshed, Ben, Daniel Wallis Organizations: Tel, Tel Aviv police, REUTERS, National, Jewish Power, Thomson Locations: Tel Aviv, Israel, Tel, Ichilov
Pig prices soared in Europe last year as output was cut by farms squeezed by high grain and energy costs. The EU pork industry has been buffeted in the past decade by a Russian trade embargo, the westward spread of African swine fever and the COVID-19 pandemic. "We're continuing to add costs to the overall pork production chain," Justin Sherrard, global strategist for animal protein at Rabobank, said. That may mean EU pork exports, whose share of production more than doubled to 21% between 2000 and 2020, have peaked. But an inflationary economy may make consumers less ready to accept rising pork prices and deepen a shift towards chicken as a cheaper, more convenient option.
Persons: Carole Joliff, Joliff, Jean, Paul Simier, AKI, We're, Justin Sherrard, slaughterhouses, Klaus Kaiser, FICT, Rabobank's Sherrard, jamon serrano, prosciutto, Tim Koch, Gus Trompiz, Forrest Crellin, Michael Hogan, Johannes Birkebaek, Emma Pinedo, Toby Sterling, David Evans Organizations: European Union, Commission, Rabobank, BLE, Danish Crown, AMI, Thomson Locations: PARIS, Brittany, Europe, Russian, Hungarian, China, Japan, Denmark, Netherlands, Danish, France, Brazil, United States, Germany, EU, Paris, Hamburg, Copenhagen, Madrid, Amsterdam
[1/2] Steam and smoke billow from the Ratcliffe-on-Soar coal-fired power station near Nottingham, Britain, December 1, 2017. Britain has a target to close its coal-fired power plants by October 2024 as part of efforts to cut fossil fuel emissions and meet its 2050 net-zero target. A market notice, published by the National Grid Electricity System Operator (ESO) showed it has asked for the unit to be ready on Monday afternoon. National Grid ESO did not comment on why the notification had been issued. Gas-fired power plants were providing around 41% of the country’s electricity on Monday, with wind power lower than usual, providing just 7%.
Persons: Ratcliffe, Hannah McKay, Uniper, Ami McCarthy, Statnett, Susanna Twidale, Sharon Singleton Organizations: REUTERS, National Grid Electricity, Grid ESO, country's Met, Grid, Greenpeace, Thomson Locations: Nottingham, Britain, Ratcliffe, Norway, Norwegian
More than 3 million content creators are now signed up to subscription-based platform OnlyFans. CEO Ami Gan said it's identified Latin America and Australia as future growth markets. The company is now setting its sights on Latin America and Australia to further increase its numbers. "We're looking at growth for the business and Latin America is a huge part of that," Gan said. "We're seeing Latin America is a massive growth region for us and see that opportunity for creators to get exposure to a global audience."
CNN —President Joe Biden and first lady Jill Biden capped South Korean President Yoon Suk Yeol’s official state visit with a glamorous state dinner at the White House Wednesday night to celebrate the two nations’ 70-year alliance. May we do it together for another 170 years.”But Biden wasn’t the only leader who took the mic. Following a round of musical performances, his South Korean counterpart joined him on stage to give his own – a karaoke rendition of Don McClean’s “American Pie” – which received a standing ovation from the crowd. The elaborate dinner is the result of weeks of careful diplomatic preparations, with each detail meticulously planned by a team of White House chefs, social staff, and protocol experts. U.S. President Joe Biden and first lady Jill Biden pose with South Korea's President Yoon Suk Yeol and first lady Kim Keon Hee in front of the Grand Staircase of the White House before an official State Dinner, in Washington, U.S. April 26, 2023.
The White House invited more than 180 guests to the state dinner hosted by President Biden for President Yoon Suk Yeol of South Korea on Wednesday night, including government officials, athletes, business leaders and prominent Asian Americans. Here is the full list of those invited as provided by the White House. THE PRESIDENT AND DR. BIDENHIS EXCELLENCY YOON SUK YEOL, PRESIDENT OF THE REPUBLIC OF KOREA AND MRS. KIM KEON HEEMichael ArdenLloyd J. Austin III, secretary of defense, and Charlene AustinJoe Bae and Janice BaeCharlie Baker, former governor of MassachusettsStephen K. Benjamin, senior adviser to the president for public engagement, and DeAndrea BenjaminRepresentative Ami Bera, Democrat of California, and Dr. Janine Bera
New York CNN —A federal judge on Wednesday denied a request by Manhattan District Attorney Alvin Bragg’s office for a temporary restraining order to stop a House Judiciary Committee subpoena of former prosecutor Mark Pomerantz. District Judge Mary Kay Vyskocil said Pomerantz must appear for a deposition as the House panel investigates Bragg’s recent indictment of former President Donald Trump. Bragg’s office says it will appeal. During the hearing, an attorney for Bragg’s office argued – unsuccessfully – that Pomerantz ignored cautions from the DA before publishing the book, so the district attorney’s office should not be penalized. The clash between federal and state powers began in March when Jordan asked Bragg’s office for documents and communications after news organizations reported that Bragg’s office was moving closer to seeking to indict Trump.
A 30-year veteran of the DA's office told Insider that Bragg will lay the specifics out in a so-called "bill of particulars" down the road. "When you have an indictment, anything you put in the indictment, you must prove it," Florence, who ran against Bragg for DA in 2021, told Insider in an interview. Bragg laid out 4 alleged underlying crimes in post-arraignment presserThough Bragg didn't include the specifics of Trump's alleged underlying crimes in the charging documents, he laid them out in his post-arraignment news conference. Bragg elaborated on that alleged underlying falsehood in a statement of facts included as an addendum to the indictment. "The prosecution is boxed in at this stage of the game," Ty Cobb, who served as White House special counsel during the Trump administration, told Insider.
WASHINGTON, April 4 (Reuters) - The criminal case against former President Donald Trump, unveiled on Tuesday, rests not just on his high-profile alleged affair with porn star Stormy Daniels but also on a separate liaison with Playboy model Karen McDougal. A 52-year-old former model and actress from Indiana, McDougal was a Playboy magazine Playmate of the Year in the late 1990s. They said Trump, his lawyer Michael Cohen and AMI former chief executive David Pecker, a longtime friend of Trump, agreed that Trump would reimburse AMI. McDougal later sued AMI and reached an agreement that allowed her to discuss her relationship with Trump. ONE OF TWOThe transaction is one of two involving alleged affairs that are at the heart of the criminal case against Trump.
But Trump directed Cohen to delay making that payment to Daniels "as long as possible," according to Manhattan District Attorney Alvin Bragg. Bragg's allegation that Trump tried to delay the payment to Daniels also challenges an argument made last month by Trump's current attorney Joe Tacopina. He said the hush money payment to Daniels was "not directly related to the campaign." In a single report from USA Today in 2016, hundreds of people accused Trump of withholding payment for services they provided. Bragg on Tuesday also detailed Trump's alleged involvement in efforts to suppress ex-Playboy model Karen McDougal's claim that she had an affair with Trump years ago.
Cohen has since become a vocal critic of his former boss and testified before the grand jury hearing evidence in Bragg's probe. The grand jury was impaneled in January 2022 to hear evidence in Fulton County DA Willis' probe. Portions of that final report, which were released in February, show the grand jury determined that at least one witness may have lied under oath. New York civil caseTrump is also embroiled in a state-level civil fraud case filed by James, the New York attorney general. (L-R) Eric Trump, Donald Trump Jr., and Ivanka Trump and Donald Trump attend the ground breaking of the Trump International Hotel at the Old Post Office Building in Washington July 23, 2014.
Manhattan District Attorney Alvin Bragg unveiled new details Tuesday about the role the National Enquirer's then-publisher played in boosting former President Donald Trump's winning 2016 campaign. The Trump, AMI and Pecker alliance continued through the 2016 election and the former president's inauguration, according to Bragg's investigation. Outside of the McDougal payment, the tabloid suppressed or published various stories related to Trump or his opponents during the election. The Manhattan DA revealed new examples of how the relationship worked among Pecker, AMI and Trump. AMI purchased the information from the Doorman without fully investigating his claims, but the AMI CEO directed that the deal take place because of his agreement with the Defendant [Trump] and Lawyer A [Cohen]."
Daniels said she and Trump had a sexual encounter in 2006, the year after he married Melania Knauss, his third wife. Cohen pleaded guilty in 2018 to federal campaign-finance charges related to the payments and said he acted at Trump's direction. Pecker made the payment after discussing it with Cohen and Trump, according to the charges, with the understanding that Trump would pay him back. Trump and Cohen discussed repayment in a conversation captured in an audio recording in September 2016 and made plans to do so. Around that time, Pecker connected Cohen with a lawyer for Daniels, who said she had an affair with Trump as well.
watch nowFormer President Donald Trump is charged with 34 felony counts of falsifying business records in connection with a scheme that directed hush money payments to two women before the 2016 presidential election. The 16-page indictment against Trump was unsealed Tuesday as he became the first former U.S. president ever to be arraigned on criminal charges. Follow CNBC.com's live coverage of former President Donald Trump's surrender and arraignment at the Manhattan criminal courthouse. Falsifying business records normally is a misdemeanor but can become a felony if done to cover up another crime. The checks first were issued by the Donald J. Trump Revocable Trust, while later ones came from Trump's bank account, prosecutors said.
Read the Donald Trump Indictment
  + stars: | 2023-04-04 | by ( ) www.nytimes.com   time to read: +2 min
the understanding from Lawyer A that the Defendant or the Trump Organization would reimburse AMI. In a conversation captured in an audio recording in approximately September 2016 concerning Woman 1's account, the Defendant and Lawyer A discussed how to obtain the rights to Woman 1's account from AMI and how to reimburse AMI for its payment. The Defendant asked, "So what do we got to pay for this? When Lawyer A disagreed, the Defendant then mentioned payment by check. After the conversation, Lawyer A created a shell company called Resolution Consultants, LLC on or about September 30, 2016.
State attorneys and former prosecutors worried that Trump's indictment would solely revolve around Michael Cohen as a witness. But Trump's indictment depends on more than Cohen — the NY DA alleges Trump paid off another woman, too. Mark Bederow, a former prosecutor, previously told Insider that resting an indictment of this caliber solely on Cohen would be disastrous. "You wouldn't rely on Michael Cohen to tell you the time of day unless you corroborated it with a clock. Like Daniels, prosecutors allege that Trump, Pecker, and Cohen teamed up to silence former Playboy Playmate Karen McDougal in June 2016.
However, British photographer Graeme Green has reclaimed the narrative, creating a global “New Big Five” for wildlife photography. Green says that the book celebrates wildlife and is a global call to action on issues impacting wildlife, including habitat loss, poaching, pollution and climate change. British photographer Graeme Green is the founder of the New Big 5 project, an international conservation initiative supported by photographers, conservationists and wildlife charities. “These are the species that we are at risk of losing.”"The New Big 5: A Global Photography Project For Endangered Wildlife" by Graeme Green is out now. “The New Big 5: A Global Photography Project For Endangered Wildlife,” by Graeme Green, published by Earth Aware Editions, is on sale from April 4, 2023.
March 27 (Reuters) - A former National Enquirer publisher testified on Monday before a Manhattan grand jury hearing evidence about former President Donald Trump's role in a hush-money payment to a porn star, said a person familiar with the matter. The grand jury's proceedings are shrouded in secrecy and the timing of a grand jury vote is unclear. [1/8] An officer from the New York City Police Department (NYPD) Canine Unit checks outside the Manhattan Criminal Court in New York City, U.S., March 27, 2023. Costello testified before the grand jury last week. Trump faces several other criminal investigations, including one tied to the Jan. 6th assault on the U.S. Capitol.
From DMs to personalized content, here's how creators make $10,000 a month or more on OnlyFans. Ami Gan, the company's CEO, said in October 2022 that OnlyFans had paid out $10 billion to creators since its founding in 2016, and that the platform had over 2 million creators. Read more about how seven OnlyFans creators established their pricing strategiesDirect messaging: Some creators build their presence on OnlyFans based on the direct communication they establish with their fans and on connecting with them on a personal level through messaging. Promo "shoutouts": Creators rely on marketing tactics to get new customers, like buying and selling "shoutouts" from each other to advertise on OnlyFans and on other social-media platforms. How 6 OnlyFans creators built their incomes to over $10,000 per month:How 3 OnlyFans creators are making over $100,000 per month:
"Nobody understands startups as well as Silicon Valley Bank and how to lend to them," says Zachary Bogue, a long-time tech investor and cofounder of DCVC. "Silicon Valley Bank understood that even though we may have only had $10,000 or so in deposits at the time, we had a lot of potential," Clerico told CNBC. "That early investment in our relationship paid off," Clerico told CNBC. In this, the bank "was a climate bank pioneer," said Steph Speirs, co-founder and CEO of Solstice Power Technologies, which has built a technology to help connect people to community solar projects. But it will take some time, and delays can be costly in the fight against climate change," Bhatraju told CNBC.
Three days into his tenure as Silicon Valley Bank 's government-appointed CEO, Tim Mayopoulos has a message for his high-powered venture capital and startup clients: Bring your money back. "There is no safer place in the U.S. banking system to put your deposits," Mayopoulos said on the call, which CNBC attended and was first to report. SVB's former CEO and CFO are no longer employed by the bank, Mayopoulos said on the call. Customer feedback will be critical in determining the future of the bank, Mayopoulos said on the call. "There are other places that do venture debt, but Silicon Valley Bank was the 1,000-pound gorilla in the room," said Ami Kassar, CEO of the business lending consultant Multifunding.
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