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The economy is likely already in recession and is expected to contract again next year. Shortly after being sworn in as economy minister, Massa in August 2022 pledged to stop printing money to fight inflation. "Markets will likely prefer a Milei victory simply because he is more credible on delivering the fiscal adjustment." "Every investor understands that the macroeconomic adjustments that Argentina needs will inevitably translate into short-term pain." For investors, Argentine stocks traded in New York (.MIAR00000PUS) have been a beacon of hope, up near 15% year to date.

Persons: Sergio Massa, Javier Milei, Luis Robayo, Pilar Tavella, Alejo Czerwonko, Massa, Carlos de Sousa, UBS's, JPMorgan's Diego Celedon, Celedon, Rodrigo Campos, Adam Jourdan, Lisa Shumaker Organizations: por la Patria, La Libertad, University of Buenos, Law School, Global, Peronist, Barclays, Reuters Graphics Reuters, Argentina, Monetary Fund, Itau, IMF, Emerging, UBS Global Wealth Management, Vontobel Asset Management, Argentine, UBS, Thomson Locations: Argentina, University of Buenos Aires, Buenos Aires Argentina, New York, Argentine, outperforming

Brazil's central bank Governor Roberto Campos Neto, speaks at the ReutersNEXT Newsmaker event in New York City, New York, U.S., November 9, 2023. REUTERS/Brendan McDermid Acquire Licensing RightsNEW YORK, Nov 9 (Reuters) - Brazil's central bank chief Roberto Campos Neto on Thursday said any change to the country's fiscal target would raise concerns, following comments by President Luiz Inacio Lula da Silva casting doubt on the government's vow to erase a budget deficit. Since then, Finance Minister Fernando Haddad has broadly reaffirmed Brazil's commitment to "fiscal balance," but lawmakers involved in next year's budget bill are hinting heavily that they aim to loosen the zero-deficit target. In Thursday's interview, Campos Neto highlighted that Brazil has approved important reforms since the COVID pandemic, including an overhaul on consumption taxes, which passed the Senate on Wednesday, but acknowledged the uncertainty on fiscal policy. "And that influences a lot of the variables that are important for us when you make decisions in monetary policy," he reinforced.

Persons: Roberto Campos Neto, Brendan McDermid, Luiz Inacio Lula da Silva, Campos Neto, Lula, Fernando Haddad, Rodrigo Campos, Dan Burns, Marcela Ayres, Mark Porter, Brad Haynes, Nick Macfie Organizations: REUTERS, Reuters NEXT, Finance, Thomson Locations: New York City , New York, U.S, New York, Brazil

☆ 2 prominent conservative judges have quashed an investigation into their former clerk — and friend of Clarence Thomas — for texting 'I hate black people'
▼ + stars: | 2023-11-03 | by ( Jack Newsham | ) www.businessinsider.com time to read: +7 min

AdvertisementAdvertisementThe federal courts have spiked an investigation into racist text messages sent by a conservative activist-turned-law clerk who got jobs working alongside two federal judges with the full-throated support of Clarence Thomas . She also landed clerkships with two federal judges — Judge Corey Maze, a federal district judge in Alabama, and Judge William Pryor, an influential appellate judge. Last year, a federal judicial panel ordered that an investigation take place into whether Clanton actually sent the texts. After finishing law school, Clanton clerked for Maze, a federal judge in Anniston, Alabama from 2022 to 2023. Judge Debra Livington, the Second Circuit's chief judge, wrote in 2022 that Judges Pryor and Maze simply concluded that the New Yorker's reporting wasn't true.

Persons: Crystal Clanton, Clarence Thomas, —, Charlie Kirk's, Donald Trump's, Clanton, Clarence, Ginni Thomas, Corey Maze, William Pryor, Pryor, Maze, William Hodes, Clarence Thomas's, Mediaite, George Mason University's Antonin Scalia, Thomas, Pryor didn't, Jane Mayer, Judge Pryor, clerkships, Debra Livington, she'd, Charlie Kirk, Gabby Fe, Jack Newsham Organizations: Service, Fox News, New Yorker, Washington Post, Starbucks, George Mason University's Antonin Scalia Law School, Atlanta, Circuit, Appeals, Media, Second Circuit, Judicial, Judicial Conference, Yorker Locations: Alabama, America, Anniston , Alabama, New York

The January contract of frozen concentrated orange juice (FCOJ) on the Intercontinental Exchange (ICE) hit an all-time high of $4.17 per pound during the session, before falling back to $3.83 per pound. Did anyone predict $4.00 orange juice? As a comparison, the most traded contract among the soft commodities, ICE's raw sugar, had over 435,000 lots in open interest. Ibiapaba Netto, executive director at CitrusBR, the association representing Brazilian juice producers, said that a reversal of the current tight supply situation would take time, and is not certain to happen. Brazil has a 75% share of the global orange juice trade.

Persons: Mohamed Abd El Ghany, Dave Reiter, OJ, Darin Fessler, Ibiapaba Netto, Netto, greening, Marcelo Teixeira, Nick Zieminski Organizations: REUTERS, Intercontinental Exchange, Reiter Capital Investments, CitrusBR, Thomson Locations: El Nobaria, Cairo, Egypt, New York, United States, Brazil, Mexico, U.S

☆ A third of Columbus, Ohio's population just had $335 million in medical debt wiped out thanks to Biden's American Rescue Plan
▼ + stars: | 2023-10-29 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +5 min

The letters are informing more than 300,000 residents that some, if not all, of their medical debt will be forgiven. All told, the hospitals are wiping clean about $335 million in medical debt for nearly one-third of the city's population. The Columbus City Council first approved the plan on October 16 after months of research and planning. The plan was made together with the Central Ohio Hospital Council, which represents four major hospital systems in the region. Cook County, Illinois, New Orleans, Louisiana, and Pittsburgh, Pennsylvania, have all implemented similar plans to provide medical debt relief.

Persons: Joe Biden's, Pro Tem Rob Dorans, Dorans, Jeff Klingler, Columbus, Klingler, Andrea Organizations: Rescue Plan, Morning, Columbus City Council, City, Pro Tem, Central Ohio Hospital Council, Associated Press, American Rescue, Ohio State University Locations: Columbus , Ohio, Columbus, New York, Ohio, Toledo, United States, Cook County , Illinois, New Orleans , Louisiana, Pittsburgh , Pennsylvania, Franklin County

The effort against Issue 1, which would amend the constitution to protect abortion rights, raised just under $10 million in the same period, according to Thursday's filings. The campaign against Issue 1, called Protect Women Ohio, accepted more than half its donations in the final months of the race from Protect Women Ohio Action Inc., a committee associated with the anti-abortion group Susan B. Anthony Pro-Life America. It's been harder for campaigns against abortion rights to get traction, Lenkowsky said. In Ohio, an August special election that would have swayed November's election went in the direction of abortion rights supporters, which likely made anti-abortion donors less willing to keep giving. Amy Natoce, press secretary of Protect Women Ohio, criticized the pro-Issue 1 campaign's outside funding in a statement to The Associated Press.

Persons: Hansjörg Wyss, George Soros, Michael Bloomberg, Abigail Wexner, Les Wexner, Susan B, Anthony Pro, Roe, Wade, Leslie Lenkowsky, It's, Lenkowsky, Amy Natoce, “ It’s, ”, “, Martin Haskell, Julie Carr Smyth, Christine Fernando Organizations: Washington , D.C, United, Reproductive Rights, New, Society Policy Center, American Civil Liberties Union, Brands, Protect, Protect Women, Inc, America, Supreme, Indiana University, Associated Press, Ohioans United, AP Locations: Ohio, Washington ,, Swiss, New York, Columbus, U.S, In Ohio, Protect Women Ohio, Columbus , Ohio, Chicago

[1/3] A state oil company PDVSA's logo is seen at a gas station in Caracas, Venezuela May 17, 2019. The restrictions were removed in response to a deal reached between the country's government and opposition parties for the 2024 election. JPMorgan's index team, which has made no statement as yet on the future treatment of the Venezuelan bonds, has reached out informally to investors to discuss the topic, the sources said. Venezuela and PDVSA have around $60 billion of international bonds outstanding, which are in default. The decision on index membership and weighting is taken by JPMorgan, though any changes usually follow consultations with investors.

Persons: Ivan Alvarado, Rodrigo Campos, Jorgelina, Rosario, Karin Strohecker, Christina Fincher, Nick Zieminski Organizations: REUTERS, JPMorgan, Reuters, Thomson Locations: Caracas, Venezuela, United States, PDVSA, Washington

☆ Big Banks Are Making Huge Profits Off Today’s Savings Rates—Are You?
▼ + stars: | 2023-10-23 | by ( Mallika Mitra | ) www.wsj.com time to read: +6 min

That’s because many big banks have been playing a ‘do as I say, not as I do’ game with customers. Many large bricks-and-mortar banks pay even less—Wells Fargo, for example, pays 0.15% on its standard savings account while JP Morgan Chase pays 0.01%. Evergreen Bank—a locally-owned bank serving the Chicago suburbs—is currently offering a 5.25% APY on savings accounts, one of the best savings account rates for October. Compare that to what big banks offer and you can see the appeal of looking for alternatives to the big banks. For some of the current best interest rate deals, check out our list of the best savings accounts and CD rates.

Persons: Mallika Mitra, they’ve, ”, Mayra Rodriguez Valladares, Morgan Chase, Adam Stockton, you’ve, Susan Mitcheltree, ” Mitcheltree, Andrew Herzog, Herzog, Banks Organizations: Federal Reserve, JPMorgan Chase, MRV Associates, Wells Fargo, Evergreen Bank, Valley Bank, Signature Bank, First Locations: U.S, Wells Fargo, New York, Stockton, “, Baltimore, Plano , Texas, Chicago, —

Investors arrive to the election looking at an economy in recession as a crippling drought hit the key agricultural sector. The gap to the official rate is above 150%. On the line is the survival of the country's $43 billion program with the International Monetary Fund and the possibility that Argentina defaults on its debt for a 10th time. "Dollarization would not cure the main issue in Argentina, which is a really large fiscal problem." "Debt does not need to be an immediate priority," said Khan, who doesn't expect dollarization to top the near-term list either.

Persons: Patricia Bullrich, Martin Cossarini, Javier Milei, Sergio Massa, Alejandro di Bernardo, Bernardo, Milei, Massa, Gabriel Rubinstein, Elijah Oliveros, Rosen, Zulfi Ali, Shamaila Khan, Khan, Hans Humes, Humes, Rodrigo Campos, Karin Strohecker, Susan Fenton Organizations: el Cambio, REUTERS, NEW, International Monetary Fund, Jupiter Asset, Bullrich, WE, JPMorgan, China, Institute of International Finance, IMF, America, PGIM, Oxford Economics, Reuters, Emerging Markets, Asia Pacific, UBS Asset Management, Massa, Greylock Capital Management, Thomson Locations: Buenos Aires, Argentina, Washington

Ships and warehouses containing grains and sugar are seen at TIPLAM (Integrator Port Terminal Luiz Antonio Mesquita) from VLI Multimodal S.A. at Santos port, in Santos, Brazil May 25, 2023. Raw sugar is usually shipped in bulk, while refined sugar uses containers. ING analysts said some sugar shipments scheduled to depart Brazil in October will likely be pushed to November. A director at one of the largest sugar exporters in Brazil said, however, that buyers were already expecting the delays. The forecast is for only light rains in the coming days at Santos, with heavier downpours expected from Oct. 28.

Persons: Antonio Mesquita, Amanda Perobelli, Williams, Marcelo Teixeira, Jamie Freed Organizations: REUTERS, Shipping, ING, Santos, Thomson Locations: Santos, Brazil, New York

REUTERS/Leonardo Fernandez Viloria/File Photo Acquire Licensing RightsNEW YORK/CARACAS, Oct 19 (Reuters) - Venezuela's sovereign bonds rallied on Thursday, a day after the United States lifted its ban on secondary market trading of some of the country's eurobonds, with investors eyeing a debt restructuring on some $60 billion of defaulted debt. "Prices have almost doubled in the past 24 hours but are still well below the pre-sanctioned levels," said Edward Cowen, CEO of Winterbrook Capital, who has co-invested in a fund to buy Venezuelan debt. Cowen added that a return to Venezuela's regular weighting on global indexes like JPMorgan's would give the prices further support. "I think the market was caught by surprise as the ban on secondary trading of bonds was not expected to be removed this early in the negotiation," said Armando Armenta, senior economist for global economic research at AllianceBernstein. Small funds and investors outside the United States had looked to increase their exposure to Venezuelan bonds on the expectation of debt renegotiations.

Persons: Leonardo Fernandez Viloria, PDVSA, Edward Cowen, Cowen, Armando Armenta, Maria Corina Machado, Rodrigo Campos, Mayela, Marc Jones, Corina Rodriguez, Christina Fincher, Will Dunham Organizations: REUTERS, South, Winterbrook, U.S . Treasury Department, Petroleum, Venezuelan, U.S . State Department, Mayela Armas, Thomson Locations: Bolivar, Caracas, Venezuela, CARACAS, United States, South American, U.S, Venezuela's, Venezuelan, New York, London, Madrid

☆ BMO promotes Alan Tannenbaum to head capital markets division
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +2 min

A Bank of Montreal (BMO) logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. Tannenbaum joined BMO in 2010 and has held multiple leadership roles, most recently leading global investment and corporate banking, where he worked with corporate, government and financial sponsor clients worldwide. Before then, he headed the global corporate finance solutions group, where he was responsible for capital raising activities. CEO Darryl White said Tannenbaum is "well-positioned to capture new growth opportunities" for BMO Capital Markets. Brad Chapin will take over for Tannenbaum as global head, investment and corporate banking on an interim basis, BMO said.

Persons: Chris Wattie, Alan Tannenbaum, Dan Barclay, Tannenbaum, Darryl White, Barclay, White, Brad Chapin, Nivedita Balu, Jonathan Oatis Organizations: of Montreal, BMO, REUTERS, Companies Bank of Montreal, Bank of Montreal, BMO Capital Markets, Lehman Brothers, Thomson Locations: Ottawa , Ontario, Canada, TORONTO, London, New York, Toronto

While most traders are waiting on the sidelines, anxious about the election and unsure of libertarian frontrunner Javier Milei, some daring bond investors are moving in. "There has been a lot of pain from being invested in Argentina over the past decade," Reed said. Rob Citrone, founder of U.S.-based hedge fund Discovery Capital Management, said Argentina presented one of the best opportunities in emerging markets. The depressed values offer another reason to be bullish on Argentina's debt, said Thomas Haugaard, a portfolio manager on the emerging markets debt hard currency team at Janus Henderson Investments in Copenhagen. Armando Armenta, an analyst for Latin American fixed-income and currency markets at AllianceBernstein in New York, said it was a mixed picture.

Persons: Javier Milei, Cristina Sille, Milei, Patricia Bullrich, Sergio Massa, Christine Reed, Reed, Bullrich, Mauricio Macri's, Massa, Rob Citrone, Cristina Fernandez de Kirchner, Fernandez de Kirchner, Thomas Haugaard, Janus Henderson, Haugaard, Morgan Stanley, Armando Armenta, Milei's, Rodrigo Campos, Carolina Mandl, Adam Jourdan, Paul Simao Organizations: Argentine, REUTERS, Peronist, International Monetary Fund, U.S, Discovery Capital Management, Reuters Graphics Reuters, BancTrust, Reuters, Janus, Janus Henderson Investments, Thomson Locations: Buenos Aires, Argentina, New York, Ghana, Sri Lanka, Copenhagen, Congress, AllianceBernstein

☆ So long, computer science — Chaos Studies is the hot new college degree
▼ + stars: | 2023-10-05 | by ( Tiffany Ng | ) www.businessinsider.com time to read: +12 min

"I remember joking about majoring in puzzles as a kid, never imagining that such a thing was possible until my mom discovered the individualized major program," Shortz said. Between 2019 and 2021, there was a 3% increase in the number of students graduating with individualized studies degrees. With majors like Chaos, Human Computer Interaction, and Architecture and Food Theory, students aren't just crafting these degrees for fun. In 2020, RIT renamed its individualized major the New Economy major and highlighted the need for students to "adapt to evolving career fields." Adopting a rather divergent approach to the same goal, New York University's Gallatin School of Individualized Studies frames its approach as honing the "management of knowledge."

Persons: Will Shortz, Shortz, — Shortz, He's, we're, Oluwaseyi Onifade, Onifade, James Hall, they're, Makini Beck, SOIS, he's, Ben Papernick, Papernick, haven't, Peter Rajsingh, Gallatin, Kahrej Ahluwalia, Ahluwalia, Rajsingh, Tiffany Ng Organizations: Dell, Indiana University, The New York Times, National Center for Education Statistics, Rochester Institution of Technology, Oluwaseyi, RIT's, Society, Jobs, RIT, Genesee Community College, Applied, University of Texas, Austin, University of Southern, New York University's Gallatin School, Baseball, Gallatin, Schools, NYU Locations: RIT's, Western New York, University of Southern California, New York, Gallatin

☆ Nobel Prize in chemistry awarded for discovery of quantum dots that changed everything from TV displays to cancer imaging
▼ + stars: | 2023-10-04 | by ( Christian Edwards Katie Hunt Ed Upright | Christian Edwards | Katie Hunt | ) edition.cnn.com time to read: +7 min

CNN —The 2023 Nobel Prize in chemistry has been awarded to a trio of scientists who worked to discover and develop quantum dots, used in LED lights and TV screens, as well as by surgeons when removing cancer tissue. Heiner Linke, a member of the chemistry committee, explained at the announcement ceremony what made the laureates’ work so revolutionary. “The core thing about quantum dots is that, just by changing their size… you change their properties, for example their color. France-born Bawendi, got an early morning call from Stockholm breaking the news that he is one of the 2023 chemistry laureates. The Nobel committee explained how the scientists’ work had helped develop quantum dots.

Persons: Bawendi, Louis Brus, Alexei Ekimov, ”, Johan Aqvist, Heiner Linke, ” Linke, Ekimov, Moungi Bawendi, —, Brus, Jonathan Nackstrand, Judith Giordan, ” Giordan, Aqvist, “, ” Hans Ellegren Organizations: CNN, Stockholm, Massachusetts Institute of Technology, Columbia University, Nanocrystals Technology Inc, MIT, Royal Swedish Academy of Sciences, Getty, American Chemical Society, Swedish Academy of Sciences, Reuters Locations: Brus, New York, France, Stockholm, AFP

Production of the chocolate-making ingredient is expanding outside of the main growing area in West Africa as farmers in places such Brazil, Ecuador and Colombia see potential profit in the crop. The rally in prices to the highest level in nearly 50 years is boosting that trend, which could alleviate the current supply tightness in the global cocoa market. The country was once the second only to Ivory Coast in cocoa production, but a devastating fungus in the 1980's known as Witches' Broom sharply reduced production. "I believe that the new profile of cocoa production will be large-scale," said Moises Schmidt, one of the owners. "If you plant cocoa trees there (Amazon region), it is considered reforestation," said Douglas.

Persons: Schmidt Agricola, Moises Almeida Schmidt, Handout, Moises Schmidt, Jeroen Douglas, Douglas, Jose Garcia, IFAD's, Alvaro Lario, Marcelo Teixeira, Maytaal Angel, Simon Webb, Anna Driver Organizations: REUTERS, International Cocoa Organization, Reuters Graphics, Ivory, UN's, Fund for Agricultural Development, Thomson Locations: Bahia, Brazil, West Africa, Ecuador, Colombia, Africa, South America, Ivory, Ghana, Ivory Coast, Asia, United States, Europe, Guayaquil, Para, Netherlands, Medicilandia, New York, London

The financial services trade group said in a report that global debt in dollar terms had risen by $10 trillion in the first half of 2023 and by $100 trillion over the past decade. It said the latest increase has lifted the global debt-to-GDP ratio for a second straight quarter to 336%. Prior to 2023, the debt ratio had been declining for seven quarters. Slower growth, alongside a deceleration in price increases, were behind the debt ratio rise, the report said. "As higher rates and higher debt levels push government interest expenses higher, domestic debt strains are set to increase," the IIF said.

Persons: Florence Lo, Rodrigo Campos, Karin Strohecker, Alexander Smith Organizations: U.S, REUTERS, Institute of International Finance, Reuters, Federal, Thomson Locations: United States, Japan, Britain, France, China, India, Brazil, Korea, Thailand, U.S

An investor looks at an electronic board showing stock information at a brokerage house in Shanghai, China July 6, 2018. A monthly report from the Institute of International Finance showed non-residents funneled $14.9 billion out of China stocks, the largest monthly outflow on records back to 2015, while Chinese debt saw $5.1 billion in outflows. The broad MSCI stock and currency emerging market indexes posted in August their largest monthly drops since February. Equities fell across all geographical regions while debt posted inflows in Asia, Latam and emerging Europe. Year-to-date numbers through August show a $13.1 billion outflow from China while emerging markets ex-China has seen $139.5 billion in non-resident portfolio inflows.

Persons: Aly, Jonathan Fortun, Fortun, Rodrigo Campos, Chizu Organizations: REUTERS, China, EMs, Institute of International Finance, China's, Reuters Graphics Equity, Emerging, Thomson Locations: Shanghai, China, outflows, Emerging Asia, Latin, Africa, Middle East, Asia, Europe

☆ Goodbye Summer: Photographs and Poetry on Love and Loss - The New York Times
▼ + stars: | 2023-09-13 | by ( Mary Manning | Brian Turner | ) www.nytimes.com time to read: 1 min

Mary Manning is a photographer based in New York. Their work draws attention to modest but remarkable moments. “Grace Is Like New Music,” a book of recent works, was published this year. Brian Turner is the author of the new poetry books “The Wild Delight of Wild Things,” “The Goodbye World Poem” and “The Dead Peasant’s Handbook,” from which this work was derived. Design and development by Rebecca Chew and Ana Becker.

Persons: Mary Manning, “ Grace, ”, Brian Turner, Peter Catapano, Rebecca Chew, Ana Becker Organizations: New Locations: New York

El Salvador's President Nayib Bukele speaks during a ceremony to lay the first stone of a new public hospital, in San Salvador, El Salvador June 15, 2023. El Salvador's debt repurchases last year and a still-light payments calendar were behind a rally that shrank the premium to hold Salvadoran government debt (.JPMEGDELSR) from above 3,200 basis points in July last year to about 1,000 a year later. Katrina Butt, a senior economist at AllianceBernstein, said that even as the size of the investment is yet to be made public, "Google Cloud's announcement could significantly improve macro fundamentals in El Salvador over time". "Though outperformance of El Salvador has been impressive we think the carry is still attractive given the low default risk." BNP's Marshik said the next leg of the rally could come from good news on El Salvador's relationship with the International Monetary Fund - where the United States is the largest shareholder.

Persons: Nayib Bukele, Jose Cabezas, Nathalie Marshik, Katrina Butt, Shamaila Khan, BNP's Marshik, Siobhan Morden, Rodrigo Campos, Nelson Renteria, Angus MacSwn Organizations: El, San Salvador , El, REUTERS, SALVADOR, Reuters, BNP Paribas, Google, United States, U.S . Embassy, Peace Corps, Central American, U.S, Asia Pacific, UBS Asset Management, International Monetary, IMF, Santander US Capital Markets, Thomson Locations: San Salvador ,, San Salvador , El Salvador, El Salvador, America, Peace, El Salvador's, Asia, United States

☆ He Wanted His Texas Home to Resemble a ‘Groovy’ Opium Den
▼ + stars: | 2023-09-05 | by ( Tim Mckeough | ) www.nytimes.com time to read: 1 min

When Kirk Ferguson asked Sara Story to design the interiors of his new house in Austin, Texas, his request was unlike any she had heard before. “He wanted something like an opium den,” said Ms. Story, who spent much of her childhood in Texas but is now based in New York. “He really wanted a place with a ’70s vibe, and groovy.”Mr. Ferguson and Ms. Story had been friends for years, and after talking more about what the house could become, they arrived at a design concept. “It sounds a little silly,” said Mr. Ferguson, 55. “But it was Lenny Kravitz meets Italian ’60s meets ‘Once Upon a Time … in Hollywood.’”

Persons: Kirk Ferguson, Sara, “, ”, Mr, Ferguson, Lenny Kravitz, ’ Organizations: Italian Locations: Austin , Texas, Texas, New York, Hollywood

☆ Anger gets a bad rap, but it can be an asset, experts say. Here’s what to do with it
▼ + stars: | 2023-08-31 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +6 min

It might be an unpleasant emotion to experience, and it might be culturally discouraged, but we need anger, she added. While many people may feel the need to resist or hide their anger, these mental health experts are urging the opposite. Anger, they say, is an important tool we should better learn to wield in a kind, healthy and productive way. That is often tied to rage — not anger, Ashway said. But in those cases, “we’re talking about the outcome of unprocessed anger, not anger in and of itself.”Rage, she said, is old, unprocessed anger.

Persons: CNN —, wrathful, ”, Brett Ford, Jaime Mahler, “, Ford, ” Ford, Deborah Ashway, ” Ashway, “ Anger, ‘ something’s, Mahler, Ashway, it’s, ” Mahler, that’s Organizations: CNN, University of Toronto, Toxic Locations: New York, New Bern , North Carolina

Below are five charts showing what's been moved and/or shaken:1/SHOCK FOR THE STOCKSMSCI's 24-country emerging markets (EM) stocks index (.MSCIEF) is down 6% this month. It is still up for the year, though well below the 13.5% gain this year for MSCI's main global index, which has benefited from a boom in U.S. "mega-cap" stocks. "The markets that have underperformed are the lower-yielding markets like Asia," Mike Arno, a portfolio manager at Brandywine Global, said. "The market doesn't seem to think that China is a major threat," said Aegon Asset Management's head of EM debt, Jeff Grills. Reuters Graphics5/OUT OF AFRICAThe other big trouble spot has been Africa, where debt markets have seen a sharp pullback.

Persons: Jason Lee, what's, Tayyip Erdogan's, Katherine Marney, Mike Arno, Jeff, Erdogan, Van Eck's, Eric Fine, Viktor Szabo, Szabo, Marc Jones, Rodrigo Campos, Alex Richardson Organizations: REUTERS, Reuters, JPMorgan, Brandywine, FX, HK, EMBI, abrdn, Thomson Locations: Beijing, China, Africa, MIWD00000PUS, Hungary, America, Brazil, Argentina, Asia, TURKEY, Gabon, Niger, JPMorgan's Africa, London, New York

☆ I'm a personal finance expert. These are the most common mistakes car buyers make.
▼ + stars: | 2023-08-30 | by ( Alexa St. John | ) www.businessinsider.com time to read: +6 min

Stefanie O'Connell Rodriguez is personal finance expert with some tips for car buyers. I don't think we're in a pre-COVID market yet, but the data shows us it is getting a little bit better slowly. Car buyers should factor maintenance into their total cost of vehicle ownership. Reuters/Umit BektasThere are unexpected expenses with car ownership — but there's also a lot you can predictThat's especially true if you're doing your research in advance. If you're going to be financing, think about doing your due diligence even further of comparing the cost of ownership of different vehicles.

Persons: Stefanie O'Connell Rodriguez, Here's O'Connell, O'Connell Rodriguez, Kelly, there's, Joshua Lott, Mario Tama Organizations: Morning, Bloomberg, Newsweek, USA, Dealers, Reuters Locations: New York

☆ Alyssa Lukpat — Reporter at The Wall Street Journal
▼ + stars: | 2023-08-24 | by ( Alyssa Lukpat | ) www.wsj.com time to read: 1 min

Alyssa LukpatAlyssa Lukpat is a breaking news reporter for The Wall Street Journal based in New York. She was previously a fellow at The New York Times, where she covered breaking news. Alyssa graduated from Northeastern University and Columbia Journalism School.

Persons: Alyssa Lukpat Alyssa Lukpat, Alyssa Organizations: Wall, Journal, The New York Times, Northeastern University, Columbia Journalism School Locations: New York

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